Maximising value in underground mine planning. Mining is crucial to Australia’s economy, contributing 8 per cent of GDP and 55 per cent of the value of goods exported. Working with mining companies Rand and Tribune, this project tackles issues faced in underground mine planning. While integrated optimisation of design and production in open cut mining is well established, no equivalent capability is available for underground mines. This project aims to develop innovative techniques to optimise t ....Maximising value in underground mine planning. Mining is crucial to Australia’s economy, contributing 8 per cent of GDP and 55 per cent of the value of goods exported. Working with mining companies Rand and Tribune, this project tackles issues faced in underground mine planning. While integrated optimisation of design and production in open cut mining is well established, no equivalent capability is available for underground mines. This project aims to develop innovative techniques to optimise the design of the access network and the production scheduling in an underground mine in order to maximise value over the life of the operation. The outcome intends to be a new strategic software tools for the sector, underpinning increased efficiency and sustainability of Australian mines as well as international competitiveness.Read moreRead less
Maximisation of value in underground mine access design. This project represents a major advance in the problem of optimising the mine value associated with the access infrastructure of underground mines and providing powerful planning tools for management. The usefulness to the mining industry of the methods and algorithms the project is pioneering lies in their accuracy, flexibility and generality. Not only can they be used for benchmarking value in the design of specific mines, but they can ....Maximisation of value in underground mine access design. This project represents a major advance in the problem of optimising the mine value associated with the access infrastructure of underground mines and providing powerful planning tools for management. The usefulness to the mining industry of the methods and algorithms the project is pioneering lies in their accuracy, flexibility and generality. Not only can they be used for benchmarking value in the design of specific mines, but they can also determine the profitability or viability of mines under the use of new technologies. This is an important project for ensuring that Australia's mining industry remains efficient and internationally competitive. Given Australia’s economic dependence on mineral resources, it will also benefit the country as a whole.Read moreRead less