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Record W2735702858 · doi:10.1007/s11081-017-9361-6

A stochastic optimization formulation for the transition from open pit to underground mining

2017· article· en· W2735702858 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.
fundA Canadian funder is recorded on the work.

Bibliographic record

VenueOptimization and Engineering · 2017
Typearticle
Languageen
FieldEngineering
TopicMining Techniques and Economics
Canadian institutionsGroup for Research in Decision AnalysisMcGill University
FundersNatural Sciences and Engineering Research Council of CanadaAngloGold AshantiNewmont CorporationBarrick Gold Corporation
KeywordsOpen-pit miningCash flowNet present valueComputer scienceFinancial engineeringSet (abstract data type)Mathematical optimizationProduction (economics)Mining engineeringPresent valueUnderground mining (soft rock)Operations researchGeologyMathematicsEngineeringEconomics

Abstract

fetched live from OpenAlex

As open pit mining of a mineral deposit deepens, the cost of extraction may increase up to a threshold where transitioning to mining through underground methods is more profitable. This paper provides an approach to determine an optimal depth at which a mine should transition from open pit to underground mining, based on managing technical risk. The value of a set of candidate transition depths is calculated by optimizing the production schedules for each depth’s unique open pit and underground operations which provide yearly discounted cash flow projections. By considering the sum of the open pit and underground mining portion’s value, the most profitable candidate transition depth is identified. The optimization model presented is based on a stochastic integer program that integrates geological uncertainty and manages technical risk. The proposed approach is tested on a gold deposit. Results show the benefits of managing geological uncertainty in long-term strategic decision-making frameworks. Additionally, the stochastic result produces a 9% net present value increase over a similar deterministic formulation. The risk-managing stochastic framework also produces operational schedules that reduce a mining project`s susceptibility to geological risk. This work aims to approve on previous attempts to solve this problem by jointly considering geological uncertainty and describing the optimal transition depth effectively in 3-dimensions.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Methods · Consensus signal: none
Teacher disagreement score0.644
Threshold uncertainty score0.474

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.024
GPT teacher head0.237
Teacher spread0.213 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it