Keith Whitchurch, Pt SMG...
Transcript of Keith Whitchurch, Pt SMG...
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OCTOBER 09
Deposit Evaluation Techniques
Keith Whitchurch, Pt SMG Consultants
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OCTOBER 09
What questions are being asked?
• What sort of deposits is it?
• Simple
• Complex
• Single seam
• Multi seam obvious base
• Multi seam no obvious base
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OCTOBER 09
What questions are being asked?
• How big is the reserve?
• How should it be mined?
• What order should it be mined in?
• HOW DO I MAKE THE MOST MONEY?
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OCTOBER 09
Deposit Evaluation Techniques
• Strip Ratio
• Cash Margin Ranking
• Lerch Grossman Pit Optimiser
• Next Generation Technologies
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OCTOBER 09
Simple Example Deposit
OB Depth 30m
Coal Thickness 5m
Coal Ash 2%
Coal Density 1.30 T/bcm
Coal Energy 5600Kcal
OB Depth 60m
Coal Thickness 5m
Coal Ash 2%
Coal Density 1.30 T/bcm
Coal Energy 5600kcal
OB Depth 30m
Coal Thickness 5m
Coal Ash 15%
Coal Density 1.40 T/bcm
Coal Energy 4600kcal
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OCTOBER 09
Strip Ratio
OB Depth 30m
Coal Thickness 5m
Coal Ash 2%
Coal Density 1.30 T/bcm
Strip Ratio = 30/(5*1.30)
= 4.6bcm/t
OB Depth 60m
Coal Thickness 5m
Coal Ash 2%
Coal Density 1.30 T/bcm
Strip Ratio = 60/(5*1.30)
= 9.2bcm/t
OB Depth 30m
Coal Thickness 5m
Coal Ash 15%
Coal Density 1.35 T/bcm
Strip Ratio = 30/(5*1.40)
= 4.3bcm/t
)_*_(
__
DensityCoalVolumeCoal
VolumeOverburdenRatioStrip
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OCTOBER 09
Strip Ratio
• Easy but very simplistic
• No Account of Coal Quality
• No account of costs
• No Account of Revenue
• Complex in multi Seam Steep Dip
• Difficult to account for Pit Batters
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OCTOBER 09
Cash Margin Ranking
• Cash Margin = Revenue - Costs
• Accounts for complexity of variables (e.g. additional trucks with depth; variations in quality)
• In our example
• Sale Value for 5600 kcal coal = $US16
• Sale Value for 4600 kcal Coal = $US10
• Waste Mining Cost $1.50/bcm
• Coal Mining including overheads $2.50/t
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OCTOBER 09
Simple Example Deposit
OB Depth 30m
Coal Thickness 5m
Coal Ash 2%
Coal Density 1.30 T/bcm
Coal Energy 5600Kcal
Sale Value = 5*1.30*16
= $104
Costs = 30 *1.50 + 5*1.30*2.50
= $61.25
Cash Margin = 104 – 61.25
= $42.75
OB Depth 60m
Coal Thickness 5m
Coal Ash 2%
Coal Density 1.30 T/bcm
Coal Energy 5600kcal
Sale Value = 5*1.30*16
= $104
Costs = 60 *1.50 + 5*1.30*2.50
= $106.25
Cash Margin = 104 – 106.25
= -$2.25
OB Depth 30m
Coal Thickness 5m
Coal Ash 10%
Coal Density 1.40 T/bcm
Coal Energy 4600kcal
Sale Value = 5*1.30*10
= $65
Costs = 30 *1.50 + 5*1.30*2.50
= $61.25
Cash Margin = 65 – 61.25
= $3.75
CostMiningWasteCostMiningCoaliceSaleCoalDensityCoalVolumeCoalinMCash ____Pr__*_*_arg_
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OCTOBER 09
Cash Margin Ranking
• Cash Margin = Revenue - Costs
• Accounts for
• Complexity of variables
• Variations in quality
• Variations in Costs
• What about complex analysis (base for multi-seam? ; limit of highwalls in steep dip?)
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OCTOBER 09
Lerch Grossman Pit Optimiser
• Algorithm created in the 1960s
• Common in Metals
• Used in Complex Coal – Indonesia
• KPC
• Adaro
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OCTOBER 09
Optimisation Theory
• Fill deposit with valued 3D blocks.
• Costs vary with depth etc
• Revenue varies with grade & yield (recovery) etc
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OCTOBER 09
Optimisation Theory
Simple geology one seam
Ore
Topography
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OCTOBER 09
Optimisation Theory
Simple geology
Ore
Topography
Cost $3/block
Revenue $20/block
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OCTOBER 09
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$3 -$3 $17 -$3 -$3 -$3 -$3 -$3 -$3
-$3 -$3 -$3 $17 -$3 -$3 -$3 -$3 -$3
-$3 -$3 -$3 -$3 $17 -$3 -$3 -$3 -$3
-$3 -$3 -$3 -$3 -$3 $17 -$3 -$3 -$3
-$3 -$3 -$3 -$3 -$3 -$3 $17 -$3 -$3
-$3 -$3 -$3 -$3 -$3 -$3 -$3 $17 -$3
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 $17
Optimisation Theory
Waste mining cost = - $3 Block profit
Air blocks
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OCTOBER 09
Optimisation Theory
Step 1: Sum the cells vertically
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
![Page 17: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/17.jpg)
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OCTOBER 09
Optimisation Theory
Maximum value vertical pit
Value = 14+11+8+5+2=$40
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
![Page 18: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/18.jpg)
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OCTOBER 09
Optimisation Theory
Bigger pit has less value
Value = 14+11+8+5+2-1=$39
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
![Page 19: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/19.jpg)
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OCTOBER 09
Optimisation Theory
Smaller pit has less value
Value = 14+11+8+5=$38
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
![Page 20: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/20.jpg)
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OCTOBER 09
Optimisation Theory
But pit is not vertical it is inclined.
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
![Page 21: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/21.jpg)
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OCTOBER 09
Optimisation Theory
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
Assume a 45o slope
Value is $-3+14+11-6-3=$13
![Page 22: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/22.jpg)
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OCTOBER 09
Optimisation Theory
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
Assume a 45o slope
Value is $-3 +14 –3 =$8
![Page 23: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/23.jpg)
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OCTOBER 09
Optimisation Theory
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
Assume a 45o slope
Value is $-3+14+11+8-9-6-3=$12
![Page 24: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/24.jpg)
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OCTOBER 09
Optimisation Theory
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
Optimum pit has maximum value
$12
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$13
$8
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OCTOBER 09
Optimisation Theory
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$13
$8
Optimum pit has maximum value
A smaller pit is less profitable
A bigger pit is less profitable.
$12
$13
$8
![Page 26: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/26.jpg)
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OCTOBER 09
Optimisation Theory
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$13
$8
Optimum pit is maximum
value pit
$12
$13
$8
![Page 27: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/27.jpg)
Insert your Company Logo here
OCTOBER 09
Optimisation Theory
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$0 $0 $0 $0 $0 $0 $0 $0 $0
-$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3 -$3
-$6 -$6 $14 -$6 -$6 -$6 -$6 -$6 -$6
-$9 -$9 $11 $11 -$9 -$9 -$9 -$9 -$9
-$12 -$12 $8 $8 $8 -$12 -$12 -$12 -$12
-$15 -$15 $5 $5 $5 $5 -$15 -$15 -$15
-$18 -$18 $2 $2 $2 $2 $2 -$18 -$18
-$21 -$21 -$1 -$1 -$1 -$1 -$1 -$1 -$21
-$24 -$24 -$4 -$4 -$4 -$4 -$4 -$4 -$4
$13
$8
Optimum pit is break even
at its limits
$12
$13
$8
![Page 28: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/28.jpg)
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OCTOBER 09
One example
![Page 29: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/29.jpg)
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OCTOBER 09
$4 sale price
![Page 30: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/30.jpg)
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OCTOBER 09
$6 sale price
![Page 31: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/31.jpg)
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OCTOBER 09
$8 sale price
![Page 32: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/32.jpg)
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OCTOBER 09
$10 sale price
![Page 33: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/33.jpg)
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OCTOBER 09
$12 sale price
![Page 34: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/34.jpg)
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OCTOBER 09
$14 sale price
![Page 35: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/35.jpg)
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OCTOBER 09
$16 sale price
![Page 36: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/36.jpg)
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OCTOBER 09
$18 sale price
![Page 37: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/37.jpg)
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OCTOBER 09
$20 sale price
![Page 38: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/38.jpg)
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OCTOBER 09
$22 sale price
![Page 39: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/39.jpg)
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OCTOBER 09
Sale price & strip ratio
Sale Price & strip ratio
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
$- $5.00 $10.00 $15.00 $20.00 $25.00
Sale Price
Str
ip R
ati
o
![Page 40: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/40.jpg)
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OCTOBER 09
Sale price & pit size
Sale Price & pit Size
-
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
$4 $6 $8 $10 $12 $14 $16 $18 $20 $22
Sale price
![Page 41: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/41.jpg)
Insert your Company Logo here
OCTOBER 09
Sale Price & pit Size
-
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
$4 $6 $8 $10 $12 $14 $16 $18 $20 $22
Sale price
$14
Understand geology
![Page 42: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/42.jpg)
Insert your Company Logo here
OCTOBER 09
Sale Price & pit Size
-
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
$4 $6 $8 $10 $12 $14 $16 $18 $20 $22
Sale price
$14
$16
Understand geology
![Page 43: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/43.jpg)
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OCTOBER 09
Pit Optimiser Block Ranking
C 5 -
C 6 -
L 6 -
U 7 -
C 7 -
C 8 -
L 8 -
![Page 44: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/44.jpg)
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OCTOBER 09
![Page 45: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/45.jpg)
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OCTOBER 09
Shortcoming of LG Optimiser
oCannot consider Blending
oCannot consider Time
oCannot consider practicalities and effects of spoil dumps
Next Generations Tools Exist to
This problem
![Page 46: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/46.jpg)
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OCTOBER 09
Summary
oManual Method Essential first step – Really don’t answer the questions
oStrip ratio Simple , easy significant traps
oBlock Ranking Allows complex cost/revenue considerations – Difficult to handle complex geometry
oPit Optimisation Well proven tool for multi seam deposits – not a substitute but an aid for good
engineering
![Page 47: Keith Whitchurch, Pt SMG Consultantssmgc.co.id/wp-content/uploads/2012/10/Company-Presentation-of... · Simple Example Deposit OB Depth 30m Coal Thickness 5m ... Lerch Grossman Pit](https://reader034.fdocuments.us/reader034/viewer/2022051407/5b515edb7f8b9ad8118bda4f/html5/thumbnails/47.jpg)
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OCTOBER 09
oThank You