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    Long Range Mine Planning Presentation

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    biboy12091
    This document discusses long range mine planning. Effective mine planning is required to maximize profit by optimizing the cash flow from mineral extraction. Mine planning involves classifying mineral resources based on certainty and economic value. The objectives of mine planning are to maximize resource extraction percentage and rate while minimizing costs and delays. Planning occurs both long-term over the life of the mine and short-term to minimize deviations from production targets. A good plan provides flexibility, strategic adaptability to changes, and is realistic. Design and scheduling tools include pencil and paper, AutoCAD, SURPAC, Excel, and MS Project.

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    Long Range Mine Planning Presentation

    Uploaded by

    biboy12091
    143 views18 pages
    This document discusses long range mine planning. Effective mine planning is required to maximize profit by optimizing the cash flow from mineral extraction. Mine planning involves classifying mineral resources based on certainty and economic value. The objectives of mine planning are to maximize resource extraction percentage and rate while minimizing costs and delays. Planning occurs both long-term over the life of the mine and short-term to minimize deviations from production targets. A good plan provides flexibility, strategic adaptability to changes, and is realistic. Design and scheduling tools include pencil and paper, AutoCAD, SURPAC, Excel, and MS Project.

    Original Description:

    Planning 101

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    This document discusses long range mine planning. Effective mine planning is required to maximize profit by optimizing the cash flow from mineral extraction. Mine planning involves classifying mineral resources based on certainty and economic value. The objectives of mine planning are to maximize resource extraction percentage and rate while minimizing costs and delays. Planning occurs both long-term over the life of the mine and short-term to minimize deviations from production targets. A good plan provides flexibility, strategic adaptability to changes, and is realistic. Design and scheduling tools include pencil and paper, AutoCAD, SURPAC, Excel, and MS Project.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    143 views18 pages

    Long Range Mine Planning Presentation

    Uploaded by

    biboy12091
    This document discusses long range mine planning. Effective mine planning is required to maximize profit by optimizing the cash flow from mineral extraction. Mine planning involves classifying mineral resources based on certainty and economic value. The objectives of mine planning are to maximize resource extraction percentage and rate while minimizing costs and delays. Planning occurs both long-term over the life of the mine and short-term to minimize deviations from production targets. A good plan provides flexibility, strategic adaptability to changes, and is realistic. Design and scheduling tools include pencil and paper, AutoCAD, SURPAC, Excel, and MS Project.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 18
    At a glance
    Powered by AI
    The key takeaways are that mining involves excavating materials from the earth for profit, effective mine planning is required to maximize profits, and the main objective is to maximize cash flow.

    The objectives of mine planning are to maximize the overall percentage extraction of the mineral resource, develop an optimum sustainable rate of extraction, minimize the cost per unit extracted, minimize the initial development time and cost, provide a grade-control strategy and minimize ground-control cost and problems.

    Mineral resources are classified based on their geologic certainty and economic value into inferred, indicated and measured categories based on the level of confidence from lowest to highest.

    Long Range Mine

    Planning
    Introduction

     Mining is the process of excavating a material which is naturally occurring


    from the earth to get profit.
     Effective mine planning is required to generate profit.
     Main objective of the production scheduling is to maximize cash flow and it is
    also the main objective of all the mining industries.
    Mineral Resource Classification

     The classification of mineral deposits based on their geologic certainty and


    economic value
     Characterized based on the level of confidence (lowest to highest)
     Inferred – estimated based on geological evidence assumed, but not verified, based on an
    assumed continuity beyond measured and (or) indicated resources.
     Indicated – estimated with a reasonable level of confidence. Based on exploration and
    sampling. Locations are too widely or inappropriately spaced to confirm geological grade
    and continuity.
     Measured – high degree of confidence.
    Objectives

     maximize the overall percentage extraction of the mineral resource,


     develop an optimum sustainable rate of extraction,
     minimize the cost per unit extracted,
     minimize the initial development time and cost,
     provide a grade-control strategy and
     minimize ground-control cost and problems.
    Mine Planning Types

     Long-term Planning - done over life of the mine


     Short-term Planning - result generated from the long-term production
    scheduling is broken down according to task or time period that need to be
    studied and different sets of constraints active in short-term is applied
    minimize the deviations from the pre-defined capacities.
    A plan should be

     Operating flexibility
     Strategic adaptability - process where the mine planning process is integrated
    and aligned with the strategic objectives of the company which involves
    continuous adjustments to changes in the business environment.
     Realistic
    Design

     Pencil, pen and paper


     AutoCad and SURPAC
    Scheduling

     Microsoft Excel
     MS Project/Primavera
    ANY QUESTIONS?
    THANK YOU…

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