Wednesday, 2 December 2020
Application of Enterprise Optimisation Considering Grade Engineering® Strategies

Application of Enterprise Optimisation Considering Grade Engineering® Strategies

The Cooperative Research Centre for Optimising Resource Extraction (CRC ORE) and Whittle Consulting have recently collaborated to combine the principles of Grade Engineering® and Enterprise Optimisation concepts within an applied research framework.

The synergy between Grade Engineering principles and Enterprise Optimisation was assessed through a case study that examined potential Grade Engineering techniques using advanced modelling across the entire value chain, in a hypothetical, but realistic, mining operation.

With the publishing of this study, the collaborators are demonstrating the ability of Enterprise Optimisation approaches to evaluate and fully value the principles of Grade Engineering coarse-separation techniques. The case study examines potential responses for three coarse separation techniques across different domains in a hypothetical, but realistic, mineralised deposit underpinned by CRC ORE’s historical work with actual operations. The results from this work provides a basis for understanding the value of collaborations in Grade Engineering, strategic mine planning and operational optimisation, with the support of mining operations and projects.

VIEW THE FULL REPORT HERE. Be guided through the process and judge the importance of the concepts to you.

The work documented in the report provides validation for the evaluation of Grade Engineering within an Enterprise Optimisation framework and supports the findings of previous Grade Engineering assessments performed by CRC ORE. The financial benefits of coarse separation responses used in the case study were found to be in line with business cases previously developed by CRC ORE in partnership with real-world mining operations and projects.

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