Gemcom Whittle 2022

Description

Gemcom Whittle 2022

GEOVIA Whittle enables open pit mining companies to first accurately evaluate the financial viability of a mineral deposit and options for capital investment and development, then determine the optimal long-term strategic mine plan and schedule to extract the full value of that deposit over the life of the mine. Through a range of customizable components, including strategic scheduling, detailed cost, price, and recovery modelling, multiple scenario analyses, blending, cut-off and simultaneous stockpile optimization, Whittle empowers mines to achieve full, end-to-end mine optimization — a process proven to improve net present value well above pit optimization alone.

 

How Whittle Enhances Mining Efficiency

Strategic Planning Capabilities

Whittle significantly boosts long-term mine planning by providing strategic insights into pit design and scheduling. The software evaluates various scenarios to optimize the economic return of mine operations, taking into account geological data, market conditions, and operational constraints. This helps identify the most profitable strategy to extract minerals efficiently and sustainably.
 

Optimization Techniques Used

Whittle employs advanced optimization algorithms to maximize the value of mining operations. These techniques include Lerchs-Grossmann algorithms for ultimate pit limits and advanced scripting for scenario analysis, ensuring optimal resource extraction. By integrating economic, environmental, and operational data, the software delivers robust models that guide critical decision-making in mine planning.

Download