Alternative to parameterization in finding a series of maximum-metal pits for production planning

In long-term open pit production planning, a series of nested and maximum-value pits is usually generated first. These pits are then considered as possible pushbacks over a number of planning periods. To determine the best pushback in each planning period, the pits are evaluated for their technical and economical feasibilities under certain production constraints. Parameterization is a commonly used technique to generate a series of pits. In almost all cases, however, some of the consecutive pits generated by this technique are too far apart from each other. This is called the "gap" problem. It may make the entire pit series useless for production planning purposes. A new pit gener¬ating algorithm has been developed to overcome the gap problem. Through this algorithm, a series of nested maxi¬mum-value pits can be generated with a controllable size increment. The logic of the algorithm is illustrated through a small hypothetical case. Its capability of generating maximum-value pits that are as optimal as those generated by parameterization and its advantages over parameteriza¬tion are presented through an actual gold deposit case.