Short-term Planning

  1. Integrate the short and long term

Now that you built the knowledge about your project based on the previous steps, it is time to start the integration between long and short term planning in MiningMath. By running the Best Case, surfaces to guide the optimization were generated and they could be used as a guide based on the NPV upper bound. The Exploratory Analysis provides insights on what could be the challenges of our project and also operational designs that could be used in further steps. At last, we obtained a detailed Schedule by using, or not, a surface, which could be the final pit or any intermediary one, as a guide.

Considering this workflow, now you may have enough information on a reasonable long-term view to enhance the adherence/reconciliation of your plans. You could choose a surface and use it as force and restrict mining to refine everything inside it. Remember that Force Mining is responsible for making the mining achieve at least the surface inserted, which means that all the material inside its limits should be extracted, respecting the slope angles, while Restrict Mining aims to prohibit the area below the surface inserted to be mined until the period in which it has been applied.

Thus, MiningMath will reach this exact surface in the time frame required and enable you to test different geometries, blending constraints, and any other variable that could be required in the short-term planning without interfering in the long-term overview. Additional helpful features in these refinements are the concepts of mining fronts and the design optimization, based on surfaces modification, that could be done respecting all the parameters and generating results accordingly with your needs.

Example:

    • Timeframe: Custom factor (0.5)

    • Processing capacity: 5 Mt per semester.

    • Total movement: 20 Mt per semester.

    • Vertical rate of advance as 60m per semester.

    • Minimum Mining (120 m) and Bottom (100 m) width.

    • Force and Restrict Mining Surface: Surface005 from Schedule Optimization.

    • Stockpiling parameters on.

    • Play with steeper slope angles in the short term.

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Further details

The example above used fewer constraints, geometries were changed and the average grade was let free. It is very helpful to define the early years based on a semester timeframe, which can assist you to manage stocks and any other variables in the firsts 3 years, for instance. Note that the period ranges on MiningMath are not based on any unit, therefore, you should adjust your variables accordingly with the timeframe used and remember that sometimes the discount rate will be an approximation based on your interval, since standard cash flow reports on the industry are usually based on annual rates to NPV calculations.

When we use Force+Restrict, we are telling the optimizer to break this volume into pieces and that it must mine this volume entirely, even if it is waste, so that the long-term view is respected. This way you keep regarding the whole deposit while deciding what to do in the first periods. The approach here is quite different than a set of Revenue Factors for a series of LG/Pseudoflow runs, followed by adjustments to find pushbacks without math optimization criteria. It is worth mentioning that this kind of suggestion must be only applied at the beginning or at the end of the life of mine, since Force+Restrict Mining surfaces used in intermediate periods could interfere directly with the results.


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