mining companies use optimization – 22blog.com https://22blog.com The past programmed the future, the present makes it so. Fri, 29 Jan 2016 18:21:00 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.1 Mining Uses Optimization Techniques To Its Fullest https://22blog.com/mining-uses-optimization-techniques-to-its-fullest/ https://22blog.com/mining-uses-optimization-techniques-to-its-fullest/#respond Fri, 01 May 2015 11:27:59 +0000 https://22blog.com/?p=8

dmMining companies are using optimization techniques to save literally tons of hours and money. These techniques so far are centered around expenditures.

Expenditures that are related to time rather than to tonnage or production require careful thought, but there is a clear rule that allows you to decide which should be included:

Any expenditure that would stop if mining stopped must be included in one of the costs input to Four-D, and conversely, any expenditure that would not stop if mining stopped must be excluded.

The reasoning behind this is that, when the optimizer adds a block to the pit outline, it may effectively extend the life of the mine. If it does, the extra costs that would occur as a result

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dmMining companies are using optimization techniques to save literally tons of hours and money. These techniques so far are centered around expenditures.

Expenditures that are related to time rather than to tonnage or production require careful thought, but there is a clear rule that allows you to decide which should be included:

Any expenditure that would stop if mining stopped must be included in one of the costs input to Four-D, and conversely, any expenditure that would not stop if mining stopped must be excluded.

The reasoning behind this is that, when the optimizer adds a block to the pit outline, it may effectively extend the life of the mine. If it does, the extra costs that would occur as a result

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