5. Optimizing the Short-Term Production Schedule for an Open-Pit Iron Ore Mining Operation ? Introduction

Bong Mining Co. Ltd. in Liberia, West Africa, operates an iron ore open pit some 60 miles northeast of Monrovia. The production is at present about 40,000 t/d (metric tons/day) from which about 18,500 t/d concentrate with 65.5% Fe is produced. The ore waste ratio is about 1: 1.5 to 1:2. The technical layout and the equipment are very similar to those in many modern open-pit operations as described by Jacobs and Thomson (1967). As described by Lersch in detail (1966), the deposit is a very irregular one. The quality of the ore changes within very short distances with regard to both physical conditions (hardness) and chemical properties. Very soft and very hard ore as well as high-grade and low-grade ore are found adjacent to each other. In addition, there are enclosures of sterile rocks. For the purpose of identification and production scheduling, 12 different types of ore are distinguished.