Who should attend www.smenet.org Instructor

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Registration Deadline - November 6, 2015
Send registrations to:
Sara Catchpole
The AusIMM
Ground Floor, 204 Lygon Street
Carlton South, VIC 3053, Australia
Phone: 61 3 9658 6120
Fax: 61 3 9662 3662
Email: conference@ausimm.com.au
Register online: www.ausimm.com.au
AusIMM, CIM, SME, and SAIMM or AIG
❏ Members: $3,069 ($2,790 Excluding GST)
❏ Non-members: $3,410 ($3,100 Excluding GST)
Title: __________ Name: _________________________
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SPECTRUM SERIES VOL. 17 CD ❏ or BOOK ❏
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Registration includes course notes, lunch, and morning and
afternoon tea.
Participation in this course may be a valid activity towards continuing
professional development with up to 26 contact hours. Participants
receive a Certificate of Completion.
Notification of Cancellation received in writing up to November 6,
2015 (minimum of 10 working days before the course) will incur a
20% cancellation fee. No refund will be made after this time. An
alternative participant may be nominated.
Who should attend
This course is designed for mining engineers, project
managers, mine geologists and financial analysts who
are involved infeasibility studies, development or operations and are interested in new technologies related
to optimal decision-making and risk management.
Participants are not required to have prior background
on the course topic.
Instructor
Roussos Dimitrakopoulos, is currently the Canada
Research Chair (Tier I) in Sustainable Mineral Resource
Development and Optimisation under Uncertainty and
Director of the COSMO – Stochastic Mine Planning Laboratory,
McGill University, Montreal, Canada. Previously he was Professor
and Director of the Bryan Research Centre, University of Queensland,
Australia. He holds a PhD in Stochastic Modelling from École
Polytechnique, Montreal, and a MSc from the University of Alberta,
Edmonton. He has been working on risk management, risk-based
optimisation in open pit mine design, and production scheduling
in mining complexes. Roussos has worked with Newmont Mining
Co., Denver, and SGI Ltd, Montreal. He has taught short courses
and worked in Australia, North America, South America, Europe,
the Middle East, South Africa and Japan. He serves as a “CIM
Distinguished Lecturer” for 2015-2016.
URL: http://people.mcgill.ca/roussos.dimitrakopoulos/
Tarrant Elkington, is a Principal Consultant for Snowden Mining Industry Consultants in Perth. After finishing degrees in Engineering and Finance,
he completed a PhD in Mine Optimisation at the University of Western
Australia. Tarrant has eight years of consulting experience; specialising is in
mining strategy selection, early stage scoping studies, and providing solutions to unique and/or complex mining problems. He has been involved in
studies in most regions and across most mining methods and commodities.
Tarrant also leads the development of Snowden’s optimisation software and
conducts in-house training and mentoring.
Optimisation and Risk
Management in Strategic Mine Planning:
Unearthing material value in mining complexes
John Battista, is currently General Manager of Minemax. He is a highly
experienced mining engineer with over 30 years in a broad range of technical and managerial roles in mining, consulting and software companies.
Most recently, John was managing the BHP Billiton strategic mine planning
and optimization software group, after several years with Golder Associates in both consulting and business development roles, and significant
site experience working with Newcrest Mining, Normandy Mining and
Kalgoorlie Consolidated Gold Mines. John is passionate about finding ways
to maximise the value of minerals businesses in a way that puts health and
safety first, respects the environment and provides sustainable benefit to the
communities in which those businesses operate, whilst also taking risk and
uncertainty into account.
Roussos Dimitrakopoulos, McGill University,
Canada, Tarrant Elkington, Snowden, Australia,
and John Battista, Minemax, Australia
November 23-25, 2015
Perth, Western Australia
Venue Details
MineSpace Level 1, 1292 Hay Street West Perth 6005, Australia
www.minespace.com.au
Logistics
Professional
Development Series 2015 Professional Development Series 2015
Professional Development
Series 2015
Strategic Risk
Quantification
for
Strategic Risk Quantification
and
Management and
Strategic
for Management
Risk Quantification
and Management
Reserves
and Mine Planning
Ore Reserves andOre
Mine
Planning
Ore Reserves and Mine Planning
2015
Lectures are given from 8:30 a.m. (refreshments at 8:30 a.m.) to 5 p.m.
________________________________________________________________
________________________________________________________________
_________________________________________________________
with two 15 minute coffee breaks and a 1 hour lunch break.
Optimization
and
Management
in Strategic Mine
Planning:
Optimization and Risk
Management
inRisk
Strategic
Mine Planning:
Optimization
and Risk
Management in Strategic Mine Plan
Unearthing
material
value in mining complexes
Unearthing material value
in mining
complexes
Unearthing material value in mining complexes
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COSMO – Stochastic
Mine Planning Laboratory
*6:463HI
Mining Engineering - http://cosmo.mcgill.ca
COSMO - Stochastic Mine Planning Laboratory, a global centre for
leading-edge research and graduate education in “orebody modelling
and strategic mine planning with uncertainty”, is supported by
AngloGold Ashanti, Barrick Gold, BHP Billiton, De Beers, Newmont, Vale,
and Canada Research Chairs Program, NSERC, CFI.
Register online:
www.ausimm.com.au
www.smenet.org
Professional Development Series 2015
Roussos
Dimitrakopoulos
and Ryan
Goodfellow,
McGill University,and
Canada
Roussos Dimitrakopoulos
and Ryan
Goodfellow, McGill
University,
Roussos
Canada
Dimitrakopoulos
Ryan Goodfellow, McGill University,
Brian
USA
Brian Lambert, Minemax,
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September 21-23, 2015
21-23, 2015
September 21-23, 2015
Montreal QC, Canada Montreal QC, Canada
Mining Engineering
COSMO Lab
Montreal QC, Canada
Mining Engineering
COSMO Lab
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*6:463HI
Mini
COS
Content and Objectives Content and Objectives
Content and Objectives
Growing volatility
uncertainty
global
metal
markets
highlight
the need
focusmetal markets highlight the n
Growing volatility and uncertainty
in globaland
metal
markets in
highlight
Growing
the need
volatility
to focus
and uncertainty
in to
global
on new technologies that can unveil significant value and reliability to the
The 2010 AusIMM Spectrum Series Vol. 17: “Advances in
Orebody Modeling and Strategic Mine Planning I: Old and
New Dimensions in a Changing World” is included with the
course materials
Optimisation and Risk
Management in Strategic Mine Planning:
Unearthing material value in mining complexes
Content and Objectives
Course Outline
Growing volatility and uncertainty in global metal markets
highlight the need to focus on new technologies that can unveil significant value and reliability to the performance of mining
operations.
This three-day course explores the foundations of strategic mine planning and stresses the new generation of applied technologies related
to: (a) simultaneous optimisation of integrated mining and processing
operations, and (b) orebody risk management with new stochastic mine
planning optimisation developments.
Emphasis is placed on the applications pertinent to the feasibility, design, development and strategic planning stages of mining ventures, as
well as in the financial optimisation of relevant aspects of operations
and production.
Computer workshops introduce participants to the practical aspects of
the technologies taught in lectures. New public domain software and
commercial training software will be used to provide a solid foundation
for the concepts introduced.
Participants will:
Master the underlying foundations used by any modern commercial
mine planning software by linking the science of optimisation with
strategic mine planning, including pit and phase design, production
scheduling, cut-off grade optimisation and stockpile management
Discover modern modelling concepts that integrate alternate
processes, waste dump design and CAPEXs, and why these models
can help to unlock hidden value in an operation
Understand how to harness the power of quantified orebody risk and market uncertainty to understand the upside potential and downside risk in ore
reserve estimation, mine planning and design, and
mineral project valuation
Cut-off Grade Estimation” is included with the
Introduction
course
materials
The
importance
of optimisation science in strategic mine planning and how this differs from conventional “optimisation” by
design iteration
Quantifying uncertainty in strategic planning to create opportunities for increased and shelter investment and maximises profits
An intuitive introduction to Monte Carlo simulations and risk
assessment
An introduction to stochastic optimisation methods and why they
uncover additional value
The stochastic mine planning framework
Practice of Simulations for Risk Modelling in Mining
Foundation Concepts and Techniques
Ultimate pit limits and phase design
Life-of-mine production schedule optimisation
Cut-off grade optimisation and the role of stockpiles
Limits of conventional approaches
Advanced Concepts and Techniques
The need for integrated optimisation models to uncover potential
Theory of constraints and its applicability to strategic mine
planning and uncertainty
Alternative process modelling for optimising multi-pit
mining complexes and their downstream processes
Waste dump modelling and optimisation strategies
Capital expenditure modelling to optimise the design of planned
bottlenecks and options for upgrading existing processes
Quantifying Orebody Uncertainty and New Stochastic
Mine Planning Technologies
Breaking down silos: the importance of understanding the
distinction between estimation and simulation techniques for
geological modelling
Stochastic Mine Planning:
Less risk and higher rewards!
Uncertainty in pit design and production scheduling with simulated
orebodies
Stochastic pit limits are larger and pushback design with grade
uncertainty
Risk based optimal design for sublevel open stoping
Stochastic production scheduling application and comparison to
conventional scheduling
Stochastic optimisation for LOM planning with joint metal (supply)
and market (demand) uncertainty
Product quality management and production scheduling with
simulated deposits
Simultaneous optimisation of mining complexes from pit to port
with geological uncertainty – stockpile and blending optimisation,
processing options and capital expenditure options.
Computer Workshops
Mine design and production scheduling essentials – using existing
commercial strategic mine planning packages for pit design, production scheduling and cut-off grade optimisation
Strategic scheduling techniques for accurately modelling equipment
usage, simultaneously scheduling waste dumps, and determining
the optimal selection and timing of capital expenditure allocations.
Risk quantification in existing designs and choosing a robust design
Stochastic production scheduling in a copper deposit
Aspects of simultaneous optimisation of a copper-gold mining
complex
Learn about the new stochastic mine planning
framework for life-of-business optimisation with
real industry examples and diverse applications
Participate in hands-on computer workshops using
real case studies
PLEASE NOTE it is recommended that participants bring
a laptop.
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