Stockpile Configuration

A stock location is a location of stockpiles. Stock is moved on and off this location.

A stockyard is like a stock location; however, it is comprised of multiple stockpiles.

A stockpile category is a sub-category that can be used to categorise stockpiles at a later stage (for example, for inactive stockpiles).

The sources of material are set up and are defined as mine sources. The first details about the survey of the mine or the input of material into the supply chain are created.

A stockpile is the lowest level physical entity for which tonnage and quality information is stored throughout the supply chain. Stockpiles can be used as both sources and destinations.

Stockpiles can be created below any business area location (mine location, stock location, stockpile category, waste location, rail siding, barge terminal or port location), but typically under stock locations and stockpile categories.

Stockpile quality and quantity calculations depend upon the type of stockpile used.

Five types of stockpiles can be modelled in MineMarket:

  1. Weighted-average-grade (WAG) Stockpiles
  2. First-in-first-out (FIFO) Stockpiles
  3. Last-in-first-out (LIFO) Stockpiles
  4. 3D Stockpiles
  5. Waste stockpiles

Important: Most stockpiles should be created as WAG types, unless they accurately fit the other model types. FIFO, LIFO and 3D stockpiles store data for every layer or batch. If not carefully managed, using FIFO, LIFO or 3D stockpiles may create system performance issues.

Note: The stockpile type cannot be changed after the stockpile has been created. For example, if a stockpile was created as WAG, but then the decision is made that it would be better as LIFO, a new LIFO stockpile must be created. If the original WAG stockpile is no longer needed, the material on the WAG stockpile can be transferred to the LIFO stockpile, and the WAG stockpile closed.