Mine Planning & Scheduling Guide
Mine Planning & Scheduling Guide is a structured technical resource that outlines methodologies, workflows, and best practices for designing, optimizing, and executing short-, medium-, and long-term mining operations. It integrates geological, geotechnical, operational, economic, and regulatory constraints to ensure safe, efficient, and sustainable extraction of mineral resources. The guide serves as both a reference framework and a decision-support tool for mine planners, schedulers, engineers, and managers.
📖 Overview
📑 Key Components
🎯 Applications
- ✓ Life-of-Mine Financial Forecasting
- ✓ Ore-Waste Blending and Grade Control
- ✓ Equipment Fleet and Labor Resource Allocation
📐 Key Formulas
Net Present Value (NPV)
NPV = Σ_{t=0}^{n} (CF_t / (1 + r)^t)
Calculates the present value of future cash flows over the life of the mine, discounted at rate r, used to evaluate project viability and optimize scheduling sequences.
Lerchs-Grossmann (LG) Pit Limit
Maximize Σ (value_block_i × x_i) subject to precedence constraints x_i ≤ x_j if block j must be removed before block i
Mathematical optimization algorithm determining the ultimate pit shell that maximizes total undiscounted value while respecting geotechnical and mining constraints.
Production Rate (Tons per Shift)
PR = (Equipment Capacity × Utilization × Availability) / Cycle Time
Estimates achievable production output based on equipment specifications and operational efficiency metrics.