Joint stochastic optimisation of open-pit mine production scheduling with ramp design.

Stochastic optimisation of open-pit mine production scheduling maximises the NPV of a mine's extraction sequence while satisfying production constraints and minimising deviations from targets. Past approaches consider mining block access based on slope constraints, thus providing no guarantee that the infrastructure required for equipment access is feasible. To address this issue, a joint stochastic optimisation of life-of-mine production scheduling and ramp design is proposed, ensuring feasible equipment access to the related mining blocks. An application at a gold mine demonstrates the value of considering the complex relationship that exists between ramp design, equipment access and production scheduling during optimisation. [ABSTRACT FROM AUTHOR]