Improving Quarry Sustainability

By Steve Franklin on Sep 16, 2021 8:32:26 AM

Overview

Sustainability is increasingly the focus of investors and the community alike. Increased cost of capital and public outrage expressed against companies with poor ESG records are becoming more and more common and there is an ever increasing demand not only action to be taken but to ensure that companies have a clear plan. A recent article in the Australian Financial Review noted:

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Quarry Resource Optimisation

By Jackie Gauntlett on Sep 2, 2021 9:52:07 AM

Overview

A pit optimisation study determines the most valuable pit for a given resource. To undertake this study, we use Deswik.CAD mining software which utilises an algorithm known as “Pseudoflow”. The algorithm calculates the optimal pit based on the geology of a quarry deposit and the cost and revenue from each part of it to determine how it should be extracted to maximise NPV.

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