Meeting Short-Term Production Targets: Controlling Short-Term Deviations from Production Targets by Blending Geological Confidence Classes of Reporting Standards

Meeting short-term production targets is desired by many companies, since this would enable them to fine tune the processing operation, meet budget plans and obey contract requirements. Recently stochastic optimization solutions have been developed requiring geostatistical simulations as input. The significant value added has been demonstrated,...

Implications of dredge mine design on mine optimizations and discussing possible approaches

The development of dredging as a major player for surface mine applications has led Royal IHC, a large equipment supplier and consultant for dredging and mining operations, and the TU Delft to work on more advanced optimizations techniques for the design of dredge mines. Three implications of the design of a dredge mine were found to be crucial...