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http://hdl.handle.net/1893/2045| Appears in Collections: | Management, Work and Organisation Journal Articles |
| Peer Review Status: | Refereed |
| Title: | Transition from open-pit to underground as a new optimization challenge in mining engineering |
| Author(s): | Bakhtavar, Ezzeddin Shahriar, Kourosh Oraee, Kazem |
| Contact Email: | s.k.oraee-mirzamani@stir.ac.uk |
| Keywords: | Transition depth optimization challenge open-pit underground discount rate NPV Mining engineering Strip mining |
| Issue Date: | Sep-2009 |
| Date Deposited: | 17-Feb-2010 |
| Citation: | Bakhtavar E, Shahriar K & Oraee K (2009) Transition from open-pit to underground as a new optimization challenge in mining engineering. Journal of Mining Science, 45 (5), pp. 485-494. https://doi.org/10.1007/s10913-009-0060-3 |
| Abstract: | There are many deposits that have the potential to be mined by a combined method of open-pit and underground. In this manner, the most sensitive problem is the determination of the optimal transition depth from open-pit to underground or vice versa. To calculate this depth, a model based on block economic values of open-pit and underground methods together with the Net Present Value (NPV) attained through mining is first presented. During the model, NPV of open-pit is compared to the value of underground for the similar levels. A hypothetical example is used in order to analyze the model in detail. Based on the assumptions made such as: a discount rate of 15 %, each pair of contiguous level-cuts have to mine during one year, and one level as the height of crown pillar, the optimal transition depth was determined to be equal to 62.5 m. Then, level 6 was considered as the suitable crown pillar. Finally, maximum total NPV of the combined mining was calculated to be 25.54 units of currency |
| DOI Link: | 10.1007/s10913-009-0060-3 |
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| Licence URL(s): | http://www.rioxx.net/licenses/under-embargo-all-rights-reserved |
| File | Description | Size | Format | |
|---|---|---|---|---|
| 4-transition from open-pit.pdf | Fulltext - Published Version | 278.56 kB | Adobe PDF | Under Permanent Embargo Request a copy |
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