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Project Overview

Project Number
M10430
Total Grant Value
$105,000
MRIWA Contribution
$60,000
Project Theme
Data Driven Decisions
Project Period
2021 - 2025

The Challenge

Mine planning software can be an important value generator in mining operations by helping sequence activities to minimise costs associated with haulage and waste storage.

The current state of the art software lacks the capacity to optimise planning for complex mine systems that include multiple pits, processing options/streams and waste dumps.

Proposed Solution

This project will develop and test an innovative mine planning algorithm designed to identify a globally optimised operational plan for a complex mine system to maximising Net Present Value delivered over life-of-mine.

Proposed Benefit to WA

Optimised planning could support investment decisions and enhance operating mine life for ore bodies throughout Western Australia, delivering substantial benefit to the state through employment, tax revenue, and downstream economic activity.

The proposed research will also contribute to recognised leadership of WA in delivering cutting-edge technology for modern mining operations.

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Page was last reviewed 2 August 2021

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