GEOVIA WHITTLE

GEOVIA WHITTLE

GEOVIA WHITTLE

Product catalog summary
Overview: GEOVIA Whittle is a strategic mine planning software trusted globally for evaluating the financial viability and optimal strategies for mining deposits. It is used across various project phases, from exploration to production, to maximize profitability by considering real mining constraints.
Key Benefits:
  • Understanding the potential value and economic viability of deposits.
  • Identifying preferred development strategies and optimal extraction sequences.
  • Evaluating different scenarios to produce robust strategic plans.
  • Determining strategic directions, including cut-off grades and mining areas.
  • Providing an integrated toolset for pit optimization and mining value chain optimization.
Project Phase Usage:
  • Exploration: Economic evaluation to understand deposit value and target drilling areas.
  • Scoping: Establishing economic viability and examining sensitivities for future studies.
  • Pre-feasibility/Feasibility: Identifying development strategies and calculating sensitivities for risk reduction.
  • Bankable Feasibility Study: Analyzing ROI, investment risk, and multiple scenarios for risk reduction.
  • Production: Strategic mine planning and re-evaluation of mine plans in response to changing conditions.
Features:
  • Pit optimization using Lerchs-Grossman or Pseudoflow algorithms.
  • Strategic mine planning capabilities for life-of-mine scheduling.
  • Simultaneous optimization for maximizing NPV across operations.
  • Roles and modules tailored to specific user needs, such as Pit Optimizer and Multi-Mine Optimizer.
Conclusion: GEOVIA Whittle provides a comprehensive suite of tools for strategic mine planning, enabling companies to optimize their mining operations and maximize project value. It is a critical tool for mining companies seeking to align with industry-leading practices and achieve sustainable innovations.
See more

Catalog excerpts

GEOVIA WHITTLE-1

GEOVIA WHITTLE THE WORLD’S MOST TRUSTED STRATEGIC MINE PLANNING SOFTWARE

 Open the catalog to page 1
GEOVIA WHITTLE-2

TRUSTED RESULTS YOU CAN BANK ON BENEFITS • Understand the potential value of the deposit. • Establish the economic viability of the deposit and options for capital investment and development strategies. • Identify preferred development strategy, capital investment, expected NPV and optimal extraction sequence. • Easily evaluate different scenarios, options and tradeoffs to produce robust and value-driven strategic plans. • Determine strategic direction for the mine; cut-off grade and optimized cut-off grade; mining areas and extraction sequence per period; and development strategies for new mines...

 Open the catalog to page 2
GEOVIA WHITTLE-3

“Whittle allowed us to find scenarios that showed a clear improvement over the base cash flow and also to see where production targets may be reducing cash flow. We were able to quickly select and re- evaluate internal cutbacks.” — Lucette Hugo, Chief Strategic Planning Engineer, Gold Fields Ghana Whittle provides the ability to rapidly evaluate many alternatives to ensure that variations from the expected are considered and potential deposit value is uncovered. By choosing Whittle, you are aligning with the industry leader: the world’s top open pit mines use the software because it delivers...

 Open the catalog to page 3
GEOVIA WHITTLE-4

Simultaneous Optimization Simultaneous Optimization achieves greater overall NPV in a single step than multiple optimization mechanisms applied sequentially. STRATEGIC MINE PLANNING/ LIFE OF MINE SCHEDULING MINING AND SCHEDULE OPTIMIZATION— SIMULTANEOUS OPTIMIZATION When determining project life, ultimate pit size and extraction strategy, mining companies use NPV as a key project indicator and decision making tool. To accurately calculate NPV, realistic mine schedules need to be developed. Whittle’s strategic mine planning or life-of-mine scheduling capabilities provide practical push back creation,...

 Open the catalog to page 4
*Prices are pre-tax. They exclude delivery charges and customs duties and do not include additional charges for installation or activation options. Prices are indicative only and may vary by country, with changes to the cost of raw materials and exchange rates.