MiningMath

MiningMath

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Global Optimization with no stepwise process!

Unifying mine planning through innovation, collaborativity and an integrated view of mining

Created in Brazil in 2010 by the Operational Research specialist Alexandre Marinho, MiningMath was initially committed to providing consulting services focused on technology for mining. In 2013, Marinho completed his Masters in Mining Engineering, in Canada, producing a research paper on Stochastic Mine Planning. This research composed the theoretical foundation for the development of MiningMath’s first software, Simsched, bringing great technological innovation to mine planning. Thus, the company migrated from consulting to the development of optimization software for open pit mine planning. 

In the following year, multidisciplinary professionals from engineering, geology, computational mathematics and science united skills and efforts, and the company developed a free tool for pit optimization. In 2015, MiningMath launched the first robust version of the commercial product. With a unique optimization methodology on the market, the MiningMath technology is capable of generating diverse solutions useful to build decision trees. The analysis of these trees, in turn, assists in decision-making through risk assessments not constrained by a step-wise approach. The technology was consolidated in the market in 2017, bringing in its essence MiningMath’s trademark: innovation

Since its establishment, MiningMath is dedicated to improving the software and incorporating the most wished solutions of Research & Development investors and mining specialists. The MiningMath technology, as it is currently known, has reached a mature and robust state, with an increasing number of licenses sold worldwide also proving the consistency of the implementation.

Our workflow is guided by collaboration and partnership, offering unique commercial opportunities for the expansion of businesses and careers in the mining field through the use of the MiningMath technology. We’ve also developed an online platform for the integration of the Community, besides providing free licenses for teaching and disclosing articles developed using MiningMath.

Founding partners Fabrício Ceolin and Alexandre Marinho

 

 

The MiningMath Team at EXPOSIBRAM, in 2017
This is just the beginning. Become part of our story!

Mission

To optimize mining industry processes through our single-step technology, enhancing decision-making in the face of risks and uncertainties that directly impact the success of the operation.

Vision

To be among the leading integrated solutions for optimizing processes in the mining industry, with recognition for our compatibility with other technologies, practicality, effectiveness, reliability and continuous evolution.

Values

  • Courage to undertake
  • Flexibility and trust
  • Acting with integrity and excellence
  • Diversity and empathy

Leading countries that use and approve the MiningMath technology

 

 

2013
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2013

Foundation of MiningMath

2013
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2013

The SimSched project presents a new algorithm to optimize geometric constraints

2014 to 2017
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2014 to 2017

Participation in diverse national and international mining events, leading academic seminars in Colombia and Peru

2018
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2018

1st place in Minetech Challenges and Solutions Competition, in Russia, and approval in the first stage of the Finep Startup program

2019
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2019

Change in the name of the technology: from SimSched to MiningMath

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