Operations

Production Forecasting for Mining Operations with Simulation

May 17, 2022

Production Forecasting for Mining Operations
Effectively managing the delivery of ore through the “pit-to-port operations” from the mining pit, through the plant, to the port where it is loaded onto a ship is a difficult task. It involves the management of discrete teams from the mining operation, plant operations, loading hauling, rail, port operations, marketing, and shipping. Most of these teams are driven by key performance indicators (KPIs) that focus on the group's performance that in some cases is not aligned to the overall efficient pit-to-port operation. For instance, the objective of minimising rehandling cost at the run of mine (ROM) could impact final product quality when loaded onto a ship. For efficient and effective pit-to-port operations it is important to effectively balance the trade-off between each groups operations to maximise profit whilst minimising risk.

Spotlight

PGL (Perimeter Global Logistics)

PGL is the world’s fastest growing Minority / Women owned logistics company in the world. PGL specializes in end-to-end design, implementation and operational capabilities in freight forwarding, contract logistics, as well as transportation and distribution management. Our knowledge and experience in various market sectors allows us to offer our clients custom-tailored solutions to fit their specific needs. Perimeter is the logistics solution for all types of companies--business- to-business and business-to-consumer.

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