This document summarizes work to optimize the mine production schedule and reduce risk at the LabMag magnetite deposit. It discusses: 1. Using a mathematical optimization model to generate a schedule that considers haul cycle times, minimizing equipment needs and costs. 2. Developing a strategy to create in-pit space for waste disposal over the mine life. 3. How the optimized scheduling approach reduced the risk profile for concentrate tonnages and sales by 14.9% compared to the conventional schedule.