This course focuses on the application of operations research techniques to the minerals industry, particularly in Mineral Resource Management, in order to optimise the value of mineral projects. Content may include but will not be limited to:
- Optimisation in mine planning;
- Linear and integer programming applications in mine planning and optimisation;
- Global optimisation as applied to mining;
- Queuing theory as applied to mining; dispatch optimisation;
- Decision tree and fault tree analysis in mineral projects;
- Monte Carlo and Discrete Event simulation methods;
- Statistical analysis and probability theory;
- Multi-criteria decision analysis techniques;
- Theory of Constraints;
- Mine-to-mill or resource to market optimisation;
- Course project assignment.