Selection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, Serbia
Defining the pushbacks at the open pit is one of the most important planning activities. Designing the pushbacks is the first step in a long-term planning of production at the open pit where the production is planned. Despite the existence of a large number of software, used for different mathematic...
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Format: | Article |
Language: | English |
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Mining and Metallurgy Institute, Bor
2018-01-01
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Series: | Mining and Metallurgy Engineering Bor |
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Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2018/2334-88361802037K.pdf |
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author | Kržanović Daniel Vušović Nenad Ljubojev Milenko |
author_facet | Kržanović Daniel Vušović Nenad Ljubojev Milenko |
author_sort | Kržanović Daniel |
collection | DOAJ |
description | Defining the pushbacks at the open pit is one of the most important planning activities. Designing the pushbacks is the first step in a long-term planning of production at the open pit where the production is planned. Despite the existence of a large number of software, used for different mathematical algorithms for optimization the open pits, a role of mining engineers is still a key one in development the mining plans. The work presents the results of conducted impact analysis of selection the optimum pushbacks on the project economy. Based on the results, the importance of correct selection of pushbacks can be concluded for achieving the basic goal of the mining operation - the Net Present Value Maximization (NPV). |
first_indexed | 2024-04-24T14:08:20Z |
format | Article |
id | doaj.art-0b169e312f7c454a9ec112ac2dcb5063 |
institution | Directory Open Access Journal |
issn | 2334-8836 2406-1395 |
language | English |
last_indexed | 2024-04-24T14:08:20Z |
publishDate | 2018-01-01 |
publisher | Mining and Metallurgy Institute, Bor |
record_format | Article |
series | Mining and Metallurgy Engineering Bor |
spelling | doaj.art-0b169e312f7c454a9ec112ac2dcb50632024-04-03T09:40:25ZengMining and Metallurgy Institute, BorMining and Metallurgy Engineering Bor2334-88362406-13952018-01-0120181-2374410.5937/mmeb1802037K2334-88361802037KSelection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, SerbiaKržanović Daniel0https://orcid.org/0000-0003-3841-8667Vušović Nenad1https://orcid.org/0000-0001-5246-4243Ljubojev Milenko2Mining and Metallurgy Institute, Bor, SerbiaUniversity of Belgrade, Technical Faculty in Bor, SerbiaMining and Metallurgy Institute, Bor, SerbiaDefining the pushbacks at the open pit is one of the most important planning activities. Designing the pushbacks is the first step in a long-term planning of production at the open pit where the production is planned. Despite the existence of a large number of software, used for different mathematical algorithms for optimization the open pits, a role of mining engineers is still a key one in development the mining plans. The work presents the results of conducted impact analysis of selection the optimum pushbacks on the project economy. Based on the results, the importance of correct selection of pushbacks can be concluded for achieving the basic goal of the mining operation - the Net Present Value Maximization (NPV).https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2018/2334-88361802037K.pdfoptimal pushbacksopen pit long-term planningmaximization of net present value |
spellingShingle | Kržanović Daniel Vušović Nenad Ljubojev Milenko Selection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, Serbia Mining and Metallurgy Engineering Bor optimal pushbacks open pit long-term planning maximization of net present value |
title | Selection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, Serbia |
title_full | Selection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, Serbia |
title_fullStr | Selection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, Serbia |
title_full_unstemmed | Selection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, Serbia |
title_short | Selection of the optimum pushbacks in a long-term planning process of the open pit: A condition for maximization the net present value: Case study: The open pit Veliki Krivelj, Serbia |
title_sort | selection of the optimum pushbacks in a long term planning process of the open pit a condition for maximization the net present value case study the open pit veliki krivelj serbia |
topic | optimal pushbacks open pit long-term planning maximization of net present value |
url | https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2018/2334-88361802037K.pdf |
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