Publications : Online Learning

Simultaneous Optimisation of Mining Complexes and Mineral Value Chains Under Uncertain Metal Supply and Market Demand

Online Learning
Published in 2018

Presenter: Roussos Dimitrakopoulos, Professor, COSMO Stochastic Mine Planning Laboratory, McGill University, Canada

Roussos is a Professor and Canada Research Chair (Tier I) in Sustainable Mineral Resource Development and Optimisation under Uncertainty, and Director, COSMO - Stochastic Mine Planning Laboratory. He holds a PhD from École Polytechnique de Montréal and an MSc from the University of Alberta. He works on risk-based optimisation for strategic mine planning and more recently, the simultaneous optimisation of mining complexes and mineral value chains under uncertainty. He works in a long-standing partnership with AngloGold Ashanti, Barrick Gold, BHP, De Beers, IAMGOLD, Kinross Gold, Newmont Mining and Vale. He has taught short courses and worked in Australia, North America, South America, Europe, the Middle East, South Africa and Japan.

Webinar Overview:
At a time of technological disruption for the mining industry, this webinar presents a new generation of applied digital technologies that take mine planning and production scheduling optimisation, and asset valuation to a new level: The simultaneous optimization of mining complexes -mineral value chains with uncertainty. A mining complex is an integrated business starting from the extraction of materials to a set of sellable products delivered to various customers and/or spot market and it is optimised holistically in the presence of uncertainty in material supply (material types and grades) and demand uncertainty (markets), as part of strategic risk management. Major conceptual changes in strategic mine planning are outlined to inform the webinar participants of a major step change in the field.

Duration: 00:59:23

PD Hours: 1

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