OPTIMIZATION TECHNIQUES FOR MINING ENGINEERING CABASAG, TAYAD, VINLUAN EM508-U1 WHAT IS OPTIMIZATION? Finding an alternative with the most cost effective or highest achievable performance under the given constraints, by maximizing desired factors and minimizing undesired ones. COMPONENTS OF OPTIMIZATION Objective Function Decision Variables Constraints Step 1: Add the values down each column of blocks. APPLICATIONS OF OPTIMIZATION IN MINE DESIGN AND OPERATION: Ore-body modelling and Reserve Estimation The design of optimum pits The determination of optimal production schedules The determination of Operating layouts The determination of Blends The determination of Equipment maintenance and replacement policies Step 2: From the top block in the left column and working down each column, put an arrow pointing to the left-adjacent block with the highest bottom value OPTIMIZATION ALGORITHM UG SURFACE (OPEN PIT) o Lerchs-Grossmann Algorithm Lerchs–Grossmann 2D Algorithm 1. The ore model is divided into a series of cross sections. 2. Each block in the section is assigned a worth based on the input economics and copper grade of the block. 3. If the model is high enough, the block would have a positive worth and would contribute to the overall worth of that section 4. A block whose grade is below the cut-off grade is considered waste block. Waste blocks are assigned a negative value equivalent to the cost of mining the block. 5. The higher the worth of an ore block, the more waste blocks can be mined to extract the ore block. 6. The algorithm develops a pit shape whose limits represent a breakeven condition. 7. Any material outside the pit slope is not economic at the input parameters used. Step 3: Trace the arrows back to get the outline of the pit starting from the top row block with the maximum total value.