Dassault Systèmes is pleased to participate in this year’s SME Annual Conference in Minneapolis, Minnesota, from February 25-28, 2018.
This conference provides a forum for more than 6,000 mining industry professionals from across the world to share innovative ideas, best practices and cutting-edge research in more than 120 technical sessions. We will be exhibiting at Booth 2123 – see the map here.
Chawki Jreige, GEOVIA Senior Consultant at Dassault Systèmes will be presenting “Beyond Pit Shells: Moving from Pit Optimization to Strategic” on February 27 at 3:45 PM.
As the capital investment for open pit projects becomes more difficult to obtain, more focus is placed improving the strategic plan to maximize the project’s value and return on investment. Applying this focus during the early stages of evaluation often yields dramatic changes to the overall project scope. Currently, many mines use software such as GEOVIA Whittle to produce economic pit shells based upon the Lerchs-Grossman algorithm and then manually craft a mining sequence from those potential pushbacks.
Chawki’s presentation will outline new technologies to produce a better strategic schedule and extract greater value from the project. The key to this added value is to simultaneously optimize the most critical components of the schedule: mining sequence, stockpiling strategy, and processing cut-off grade. In addition, we will also examine the benefits of rapid, multi-scenario analysis of a wide variety of potential options or future economic conditions on the project’s viability. Representative results from actual case studies will be shown to illustrate the gains that can be derived from the implementation of these new methodologies.