As an introduction, the course begins by explaining different stages of mining projects followed by defining strategic mine planning step. It demonstrates how, by using strategic mine planning techniques, it’s possible to uncover the opportunities and risks in the different stages of mining projects. Open pit mine design techniques are introduced and Lerchs-Grossmann (LG) pit optimization algorithm is explained. Design input parameters and constraints are explained and discussed. The consequence of using different input parameters on the economics of project are explored and discussed. Additional concepts introduced are mill production rate determination, mine production scheduling, and NPV optimization. Most of the topics include case studies and examples of real-life projects. To further develop understanding of mine design concepts, a set of practice examples will be worked through in class, so please bring your laptop to class.
