A unique approach to maximizing NPV
Integrating economic, technical, and socio-environmental aspects of the mining business
Strategic decision making
and risk assessment
Strategic decision making
and risk assessment
MiningMath’s mathematical intelligence allows for the evaluation of hundreds of strategic scenarios for each mining project as a basis for making high-level decisions, prior to detailed mine scheduling.
Complex multi-parameter optimization
Complex multi-parameter optimization
MiningMath maximizes the NPV for any open-pit mining project, based on an imported multi-mine block model. The cut-off grade policy and mining phases definitions are now a consequence of a modern global optimization process, given a wide set of realistic mining constraints, such as operational, processing, and socio-environmental requirements.
Socio-environmental quantitative analysis
Socio-environmental quantitative analysis
MiningMath’s technology enables spatially and temporally explicit socio-environmental risks to be constrained in the mining optimization and the economic cost of reducing them to be calculated as a consequence, providing an opportunity to assess alternative project options or explore a socio-environmental cost benefit analysis.
Mining is NOT a certain business
Assess opportunities and risks through multiple paths for mining projects and operations
| GENERAL BENEFITS | MiningMath |
MM-FULL |
|
|---|---|---|---|
| Global Strategy Optimization | |||
| Net Present Value Maximization | |||
| Multi-Destination Cutoff Policy | |||
| Accepts Simulated Inputs | |||
| For any Open-Pit Deposit | |||
| Free Online Tutorials & Support | |||
| Unlimited Scenarios and Decision Trees For Strategic Evaluations | |||
| Easy Integration Other Packages | |||
| CONTROL VARIABLES | |||
| Sum Properties (Hours, Rock Type, etc.) | |||
| Average Properties (Grades, Noise, etc.) | |||
| Waste Production | |||
| Stockpiles | |||
| Geometric Requirements | |||
| Force & Restrict Mining Areas | |||
| Download MiningMath | |||
