Strategic Risk Management In Mine Design

CONTENT AND OBJECTIVES:
At a time of growing uncertainty in global markets, learn how to add substantial value and significantly impact your company’s projects and bottom line by utilizing strategic mine planning under uncertain conditions and global optimization methods: 

• Find out how to minimize risks and produce optimal pit designs with: Strategic mine planning processes, next generation optimization methods, and Whittle software 
• Discover how new developments will help you capture the “upside potential” in mine designs and minimize “downside risks” as well as increase cash flows through the effect of the mining sequence and “risk blending” 
• Explore real-world examples and participate in handson computer sessions that show how to increase project value by employing new risk-based (stochastic) optimization models 
• Understand the critical effects of global asset optimization

LEARN HOW YOU CAN IMPROVE OPERATIONAL PERFORMANCE BY: 

• Linking the art of strategic planning with the science of optimization and mine engineering
• Applying optimization to open pit mine design and long-term sequencing 
• Improving stockpiles, buffers, blending and grade of stockpiles
• Incorporating jointly market (demand) and grade (supply) uncertainties into optimization 
• Maximising mining and mineral process asset portfolios