Life of mine

Life-of-mine (LOM) planning for the Pilbara iron ore network

The Melbourne Mining Integrator (MMI) has developed life-of-mine (LOM) planning techniques for an open-pit iron ore mine network in Western Australia’s Pilbara region. New, more- efficient and scalable algorithms developed for a tier-one miner are delivering a step change in the speed of options available to mine planners, solving LOM planning problems in minutes as opposed to the days previously taken.

The approach helps optimise multiple objectives and decisions on stockpiling, practical mining constraints and financial modelling for capital