Gold CIP and CIL process optimization in a capital constraint environment
Date
2017-05
Journal Title
Journal ISSN
Volume Title
Publisher
The Southern African Institute of Mining and Metallurgy
Abstract
ENGLISH ABSTRACT: This article focuses on the use of a model in combination with economic
analysis to extract maximum value out of current gold operations, without
the need for additional capital. Two South African case studies (CIP and
CIL) are presented to show that an optimum point of operation exists. This
optimum point of operation, however, depends on several economic factors
such as the gold price, exchange rate, and utility costs in combination with
plant conditions such as the feed rate and Au grade. As these parameters
fluctuate, the operating conditions will have to be adjusted to achieve the
maximum value. Operating at a maximum will require regular decisionmaking
and adjusting of operating conditions, especially in times of a
constrained economy.
Description
CITATION: Snyders, C. A., et al. 2017. Gold CIP and CIL process optimization in a capital constraint environment. Journal of the Southern African Institute of Mining and Metallurgy, 117(8):819-828, doi:10.17159/2411-9717/2017/v117n8a13.
The original publication is available at http://www.saimm.co.za
The original publication is available at http://www.saimm.co.za
Keywords
Gold recovery, Economic aspects -- Analysis, Robust optimization
Citation
Snyders, C. A., et al. 2017. Gold CIP and CIL process optimization in a capital constraint environment. Journal of the Southern African Institute of Mining and Metallurgy, 117(8):819-828, doi:10.17159/2411-9717/2017/v117n8a13