MiningMath

MiningMath

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Improve your strategic analysis through risk assessments unconstrained by stepwise processes

Consider Production

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Consider your real production

In the early years of the project you will find many concerns and the most value in terms of NPV. Knowing that, we decide to consider a 10-year surface to optimize the first 5 years. By a logical assumption, as the surface used corresponds to a decade, it will contain the interval from the 1st to 5th period and represents a lot more mass. However, this simple input can restrict the space where the algorithm has to find a solution, which could reduce the run-time and help it to deliver better results respecting the set of constraints given.

Example:

Parameters Value
Timeframe
Years (1)
Processing capacity
10 Mt per year
Total movement
40 Mt per year
Vertical rate of advance
150m per year
Maximum of processing hours
4,500 processing hours per year
Minimum Mining
50m
Bottom width
100m
Restrict Mining Surface
Surface002 from Exploratory Analysis
Stockpiling parameters
On
Grade copper
Until 0.7%

Table 1: Set of constraints example.

CONTENTS

Theory Validation

MiningMath’s results are only possible due to its proprietary Math Program...

Guaranteed Solutions

Multiple, complex constraints increase the likelihood of not finding or not exis...

MiningMath Uniqueness

MiningMath allows mining managers to improve their strategic analysis through ri...

Time Limit

It is possible to indicate a time limit in hours before running a scenario in th...

Must read articles

In order to take the maximum of MiningMath’s Optimization we recommend this fl...

Tutorials

Geometry

Theory

Workflow

Formatting the Block Model

The main focus here is on the requirements. Try to pay attention to the header...

Integrated Workflow, Best Case, Exploratory Analysis, Schedule Optimization, Short-term Planning

By running these scenarios you are already mastering MiningMath and the main use...

Constraints Validation

This is the moment of validating every parameter that should be inserted on the ...

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