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Exploitation
Optimizing Long-Term Production Scheduling in Open Pit Mining under Commodity Price Uncertainty: A Two-Stage Stochastic Programming Approach

Elham Lotfi; Javad Gholamnejad; Mehdi Najafi; Mohammad Sadegh Zamani

Volume 15, Issue 4 , October 2024, , Pages 1491-1508

https://doi.org/10.22044/jme.2024.13814.2576

Abstract
  In the context of open pit mining operations, long-term production scheduling faces significant challenges due to inherent uncertainties, particularly in commodity prices. Traditional mathematical models often adopt a single-point estimation strategy for commodity price, leading to suboptimal mine plans ...  Read More