MiningMath

MiningMath

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Promoting the spread of knowledge and supporting businesses through win-win relationships

With MiningMath, you can generate improved nested pits, pushbacks, and schedules that integrate the short and long-term

MiningMath isn’t necessarily in competition with other mine optimization packages designed to address one or more of these challenges. Instead, it provides you with the flexibility to choose the workflow that aligns best with your requirements.

Work with common data types

MiningMath uses block models imported in the csv format. The blockโ€™s periods and destinations optimized can also be exported (in csv and xlsx ย formats) and imported back into your other mining package for comparison, pushback design or scheduling purposes.

Create improved nested pits (it's free!)

MiningMath optimizes all periods simultaneously without requiring revenue factors. It has the potential to find higher NPVs compared to traditional methods based on LG/Pseudoflow nested pits, which often overlook processing capacities (resulting in gap problems), destination optimization, and discount rates. Traditionally,ย in a step-wise processย these and various other real-life factors are only considered later, which restricts theย project’sย potential. Learn more here.

Design improved pushbacks

Ourย single-step optimized pushbacksย can streamline your design process and guide your mine schedule when used alongside other software packages. The MiningMath optimizer effectively breaks down your entire deposit (block model) into smaller components, with the primary goal of maximizing Net Present Value while still respecting as many constraints as you wish (including geometric ones).

MiningMath outputs workย essentiallyย as optimized pushbacks, aiming to maximize NPV while controlling any variable you choose. When you successfully import MiningMath surfaces (csv files) into other applications, they serve as a guide. In other words, MiningMath surfaces should aid these applications in finding higher NPVs. Many of these applications offer the option to predefine the blocksโ€™ destination, allowing you to use MiningMathโ€™s optimized destinations, if you wish. Ultimately, the other applications are then left solely with the task to do the bench scheduling according to your short-term operational/tactical requirements.

Enhance long and short-term integration

Using MiningMath in strategic mine planning enables you to incorporate additional constraints from real-life operations, even if you’re simply reviewing your existing long-term plans. You can also set surface limitsFor example, if you have a designed surface of the next five years plan, you can allow short-term planners some controlled flexibility to rerun their mine plans including more operational details, as long as they donโ€™t alter anything from period 6 onwards, and donโ€™t affect the NPV negatively.

In case any opportunities orย issuesย arise, short and long-term teams can collaborate to develop new joint configurations that account for all the strategic and tactical project needs simultaneously. Remaining details, such as designs, can be fine-tuned using other availableย mining packages.

Start using now!

Explore ourย Knowledge Baseย for comprehensive documentation, and engage with our community forumsย to interact with peers and get your queries resolved.ย 

MiningMathโ€™s methodology has been successfully applied by our partners for several years, with an increasing number of licenses sold worldwide. Press releasesย andย academic researchย further validate the effectiveness and reliability of our implementation.

Clients MiningMath: Antofagasta, Cemex, Codelco, MMG, RioTinto, Aclara, Vale, Kinross, Capstone, Rarex, Allkem, Glencore.

With constant developments since 2013, MiningMath has evolved into a mature and robust state, providing solutions straight from the block model.ย It is the first and only single-step mining optimization engine available in the market!

Windows 64-Bit (x86_64) - 121 MB

Windows 64-Bit (x86_64) - 121 MB