Strategic Insight: Simultaneous Stochastic Optimization of Mining Complexes: Integrating ESG into long-term production scheduling
Date & Time
Wednesday, May 29, 2024, 2:35 PM - 3:10 PM
Zach Levinson

•    A stochastic optimization framework has been developed that simultaneously optimizes long-term production schedules in mining complexes
•    The optimization framework integrates waste management and progressive reclamation considerations into the mine planning process, leading to improved ESG performance.
•    A case study demonstrates a significant 52.5% reduction in the risk of acid rock drainage in waste dump facilities, showcasing the framework's effectiveness in mitigating environmental hazards.