
Chile Reaches Record Mining Investment in 2026. Is Mine Planning Keeping Up?
Chile submitted US$ 17.32 billion in mining projects to the SEIA in Q1 2026, according to Mining Reporters. This reflects official environmental filings and marks

Global Optimization with no stepwise process!

Chile submitted US$ 17.32 billion in mining projects to the SEIA in Q1 2026, according to Mining Reporters. This reflects official environmental filings and marks

Demand for copper, lithium, and other critical minerals is reshaping mining in Latin America. Industry reports highlight stronger pressure on projects to prove economic value

Recent discussions around initiatives like Project Vault show how Latin America’s critical minerals sector is becoming more strategic. Copper, lithium, and other minerals are no

Traditional pit design methods miss value by separating geometry and economics. Alexey Tsoy’s research proved that MiningMath’s Single-step Mine Optimization integrates all constraints in one model, delivering up to 50% higher NPV in open-pit mine planning.

This report summarizes an academic study that applied advanced mine planning methodologies to the La Cocota deposit, a large copper porphyry in northern Chile. The research quantitatively and rigorously compared traditional planning techniques with the more recent Direct Block Scheduling (DBS) approach, a concept equivalent to MiningMath’s Single-step Mine Optimization. The thesis is here presented as a structured report for technical teams and managers, emphasizing economic gains, methodological consistency, and the practical applicability of the solution.

Mine planning is more than just defining pit shells and sequences. It involves navigating a range of variables—geology, economics, processing capacity, and operational limitations. MiningMath solves key inefficiencies in conventional mine planning. At the heart of its solution is a custom Branch & Cut algorithm, designed to optimize directly from the block model in a single step.
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