Optimum Design of an Open Pit

- Organization:
- The Southern African Institute of Mining and Metallurgy
- Pages:
- 4
- File Size:
- 1237 KB
- Publication Date:
- Jan 1, 2014
Abstract
A procedure for designing an optimum pit to yield maximum profit is described. The volume in which a possible pit is considered is divided into discrete blocks, each of which is assigned an economic value equivalent to its worth as a block of mineable material. The profitability of a pit can then be generated by summing the blocks within the pit. The optimizing procedure starts at the surface level and proceeds downwards level by level, to obtain the optimum pit at each level. The method makes use of the fact that an optimum pit at a particular level must be completely contained in any optimum pit at a lower level. Procedures for generating block costs, and pits with various slope angles under the restriction of complete block removal are considered briefly. The main description is of the theory of the method and the computer program based on this. The method is applicable to any type of mineral deposit, the only requirement being that the orebody should be represented accurately by a block model.
Citation
APA:
(2014) Optimum Design of an Open PitMLA: Optimum Design of an Open Pit. The Southern African Institute of Mining and Metallurgy, 2014.