Optimize Group says it is supporting innovative material handling system company, Rail-Veyor, with a series of South America initiatives, including the development of a conceptual trade-off study model comparing truck, conveyor and Rail-Veyor scenarios over a life-of-mine plan.

The model considers technical, financial and environmental metrics and is suitable for both open pit and underground operations, the company says.

Optimize Group added: “We look forward to applying the model in future projects, while unlocking economic and environmental value!”

Rail-Veyor, a low cost-in-mine haulage system has, to date, mostly been used underground, with one of its most successful installations the one at Agnico Eagle’s Goldex operation, in Quebec, Canada, which recently set a new quarterly performance record.