Optimizing a Coal Mine with Minemax - Strategic Planning and Decision-Making

Explore coal mine optimization techniques using Minemax in this 28-minute conference talk by David Krinke, Principal Engineer from MineOp Consulting. Learn about strategic planning for coal mines, including where to start the optimization process, creating reserves, understanding pit productive capacity, analyzing costs and revenue, and utilizing Minemax software effectively. Discover how to create decision trees, develop suitable reserves for optimization, configure scenario settings, and conduct financial analysis. Gain insights from Krinke's 25 years of experience in open-cut coal and iron ore mining industries, and benefit from MineOp Consulting's expertise in providing consultancy services to major mining companies worldwide.

Thoughts on how to optimise a coal mine with Minemax
Introduction
Where to start and what to consider in your optimisation
Creating Reserves for Optimisation
Productive Capacity of a Pit
Understand your Costs and Revenue
Optimising in Minemax
Decision tree: What decision do you want Minemax to make
Create reserves suitable for the optimisation process
Scenario Settings: Constraints, Financials, Precedence's, Optimisation settings
Reporting / Financial Analysis