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A unique approach to maximizing NPV
A unique approach to maximizing NPV
The cut-off grade is the concentration of a mineral or metal required to classify materials as either ore or waste. Materials with a concentration above the cut-off are classified as ore, while anything below is classified as waste.
Different from MiningMath, other software packages usually make assumptions to pre-define a cut-off, and based solely on that, decide whether a given material should be processed or not. That is needed, for example, before running LG or Pseudoflow algorithms. However, this simplified approach doesn’t account for other required mine scheduling constraints. Moreover, even the best algorithms commercially available for destination optimization perform this task apart from mine scheduling.
Your projects no longer need to be constrained by cut-off grades, fixed pits, or pushbacks. MiningMath is the only software available that optimizes the mining sequence and the destination optimization in a single-step, all at once, as a truly global optimization process.
These advantages become even more apparent in more complex cases with multiple destinations or constraints that could be overlooked, hiding potentially valuable opportunities when not considered jointly.
As a result, MiningMath may reveal new possibilities, deliver more realistic results and even lead to an increase in NPV through its unique single-step optimization.
Could you be profiting more with your project?
With constant developments since 2013, MiningMath has reached a mature and robust state. We are the first and only single-step mining optimization engine available in the market!
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