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An Integrated Approach to the Long-Term Planning Process in the Copper Mining Industry

In: Handbook Of Operations Research In Natural Resources

Author

Listed:
  • Rodrigo Caro

    (University of Chile)

  • Rafael Epstein

    (University of Chile)

  • Pablo Santibañez

    (University of Chile)

  • Andres Weintraub

    (University of Chile)

Abstract

Long-term mine-metallurgy planning in the copper mining industry is a complex process that simultaneously establishes ore extraction policies for multiple mines, an investment plan, and an operating plan for processing plants such concentrators, smelters, and refineries. These strategic plans must specify extraction and processing decisions for each cubic meter of mine ore while maintaining their consistency with medium- and long-term objectives.

Suggested Citation

  • Rodrigo Caro & Rafael Epstein & Pablo Santibañez & Andres Weintraub, 2007. "An Integrated Approach to the Long-Term Planning Process in the Copper Mining Industry," International Series in Operations Research & Management Science, in: Andres Weintraub & Carlos Romero & Trond Bjørndal & Rafael Epstein & Jaime Miranda (ed.), Handbook Of Operations Research In Natural Resources, chapter 0, pages 595-609, Springer.
    • Handle: RePEc:spr:isochp:978-0-387-71815-6_32
    DOI: 10.1007/978-0-387-71815-6_32
    as

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    Citations

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    Cited by:

    1. Camargo, Luis Felipe Riehs & Rodrigues, Luis Henrique & Lacerda, Daniel Pacheco & Piran, Fabio Sartori, 2018. "A method for integrated process simulation in the mining industry," European Journal of Operational Research, Elsevier, vol. 264(3), pages 1116-1129.
    2. Alexandra M. Newman & Enrique Rubio & Rodrigo Caro & Andrés Weintraub & Kelly Eurek, 2010. "A Review of Operations Research in Mine Planning," Interfaces, INFORMS, vol. 40(3), pages 222-245, June.
    3. Alonso-Ayuso, Antonio & Carvallo, Felipe & Escudero, Laureano F. & Guignard, Monique & Pi, Jiaxing & Puranmalka, Raghav & Weintraub, Andrés, 2014. "Medium range optimization of copper extraction planning under uncertainty in future copper prices," European Journal of Operational Research, Elsevier, vol. 233(3), pages 711-726.
    4. Sylvie C. Bouffard & Peter Boggis & Bryan Monk & Marianela Pereira & Keith Quan & Sandra Fleming, 2017. "Discrete-Event Simulation Modeling Unlocks Value for the Jansen Potash Project," Decision Analysis, INFORMS, vol. 48(01), pages 45-56, February.

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