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Open pit optimization

Study program:
Surface Mining of Mineral Deposits (IX semester -MsC)
Name of subject: Open pit optimization
Instructors:
Prof. Dejan Stevanović, Petar Marković
Status: Compulsory
ECTS: 6
Prerequisites: Completed course of Open pit design and planning and Geostatistical modeling of mineral deposits
Course Objectives:
The objective of course is to teach the students about the modern methods of open pit optimization.
Learning Outcomes:
Successful completion of the course program should enable the students to: -Use modern methods of open pit optimization -Understand the strategic role of the optimization -Understand the modern approach to economic factors in mining and efficient production management at all stages of surface mine development.
Content:

Theory teaching
In theory classes, students will learn about: -The construction of economic block model from resource model -The optimization of final pit design - Floating cone and 3D Learchs and Grossmann (LG) algorithm. -The Production planning – open pit mine development pushbacks. -The analysis of discount cash flow and calculation of present value. -How to choose the optimal open pit considering prices and costs.

Practical teaching
Practical exercise in lab with real data for coal and metal open pit mines, by lecture units.

Suggested Reading List:
  1. Božo Kolonja, Projektovanje površinskih kopova, RGF, 2005
  2. William Xustrulid and Mark Kuchta, Open pit mine planning and design, Taylor&Francis, 2006
  3. H. L. Hartman, ed., SME Mining engineering handbook, AIME, New York, 1992. (SME)
  4. B. A. Kennedy, ed., Surface mining, 2nd ed., AIME, New York, 1990. (SME)
  5. Uputstva za rad - SURPAC, GEMCOM, MINESCHED I WHITTLE
Conduct of the Course:
Students solve problems related to open pit optimization in form of individual mining project. Project development using mining design software (Whittle, Surpac, Minex).
Fund hours:
Lectures Exercises Other forms of teaching Study research
2 2 0 0
Assessment:
Final Exam ECTS
Oral Exam50

Classwork Assessment ECTS
Seminars50
Additional Assessment Criteria: -


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