A stochastic particle swarm based model for long term production planning of open pit mines considering the geological uncertainty

Long term production planning (LTPP) plays a critical role to achieve success of a mining operation. LTPP, as an optimization problem, aims to maximize the net present value (NPV) of a mine subject to a set of constraints. One of the main reasons for not achieving production targets is the uncertain...

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Bibliographic Details
Published in:	Resources policy Vol. 68; p. 101738
Main Authors:	Gilani, Seyyed-Omid, Sattarvand, Javad, Hajihassani, Mohsen, Abdullah, Shahrum Shah
Format:	Journal Article
Language:	English
Published:	Kidlington Elsevier Ltd 01.10.2020 Elsevier Science Ltd
Subjects:	Algorithms Copper Function words Geological uncertainty Geology Integer programming Long term Long term production planning Mining Net present value Open pit mining Optimization Present value Production Production planning PSO Risk Schedules Strategies Swarm intelligence Topology Uncertainty Open pit mining Long term production planning Copper Geological uncertainty PSO
ISSN:	0301-4207, 1873-7641
Online Access:	Get full text
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