One of the unavoidable steps for the next generation of Data Science and Artificial Intelligence technologies applied to mining
Through Math Optimization models that integrate multiple areas of the business, MiningMath handles all parameters simultaneously and delivers multiple scenarios, accounting for both strategic and tactical aspects.
Windows 64-Bit (x86_64) - 125 MB
MiningMath optimizes all periods simultaneously, without the need for revenue factors. It has the potential to find higher NPVs than procedures based on LG/Pseudoflow nested pits, which do not account for processing capacities (gap problems), cutoff policy optimization and discount rate.
MiningMath also offers the option of producing Optimized Pushbacks with controlled ore production and operational designs to guide your mine sequencing. Having this broader view in mind, you are already able to begin the scheduling stage or to import .csv and .xlsx results to other mining packages.
When using MiningMath, scheduling and short-term are not followed by a sequence of steps, but are done in a single and optimized process. This process considers all constraints simultaneously. Therefore, an experienced professional can test multiple scenarios by modifying parameters and advance other stages of his/her work, while MiningMath performs the entire optimization.
Brochure - PDF - 5.12 MB
Autonomous wizards and sensitivity analysis, parallel executions, CAPEX/OPEX, dashboard analysis, and much more!
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Understanding Operational Constraints Mine planners must consider operational constraints in open pit mine planning. This ensures the mine operates efficiently, safely, and within regulations. These constraints can significantly influence the design and planning of an open pit mine. By addressing them early in the planning
What is open pit mining? Open pit mining involves extracting minerals directly from the ground surface, forming an open pit. This method is practical and cost-effective when the ore is near the surface, and the mine is typically excavated in a series of steps or
Understanding Strategic Mine Planning Strategic mine planning involves creating a plan to efficiently use a mineral resource, maximizing its value over the mine’s lifetime. In other words, it is important to create a timeline for the extraction and processing of the mineral resources, balancing the
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