The formula at the heart (and mind) of mine plan optimisation

Sn0wdenadminLatest News, Technical Articles

This article was written by Snowden’s Global manager, Tarrant Elkington. It is easy to forget, or take-for-granted, the foundation elements for your area of expertise. The blog looks at patient zero for mine optimisation. I was in a meeting many years ago working through some optimisation mathematics on the whiteboard with some colleagues. It looked something like this – please don’t worry about the detail.  IV_a=UGDV_a-OPDV_a  UGDV_a=frac{r_a-h_u_g-m_u_g}{(1+d)^u^y}$  OPDV_a=max(frac{r_a-h_o_p}{(1+d)^o^y},0)+frac{v}{(1+d)^o^y}$ Midway through this review, my boss at the time saw one of our clients appear at a window and he jumped up, bringing him into the room. He pointed enthusiastically at the equations and said: “Look at this thing on the board…  this is going to be a … Read More

Project Planning “Those that fail to plan, plan to fail”

Sn0wdenadminTechnical Articles

Part 2 of our Project Management series, first published by Snowden in 2010, focuses on the importance of planning in a successful project. We have decided to republish this series to show that whilst technology has advanced, basic principles and processes are just as important when ensuring project success.

Five Feasibility Study time and budget wasters

Sn0wdenadminLatest News, Technical Articles

The success of a Feasibility Study can be affected by many things but over the years we have seen many owner-controlled decisions that have had significant time and cost impacts. This article provides a short list of some of the important ones to help you avoid making the same mistakes.