Focused on short-term and budget planning, our stochastic mine planning service incorporates uncertainty and risks associated with geological, operational, and economic variability, ensuring mining plans remain resilient and adaptable to unforeseen scenarios.

Key components:
• Scenario simulation: Using COMET software, we simulate multiple random scenarios involving resource grades, mine capacity, processing capacity, and metallurgical recovery.
• Risk and opportunity analysis: We identify associated risks and generate mitigation plans, leveraging opportunities based on quantitative data.
• Integration of operational constraints: All operational factors are included in the analysis to deliver executable and reliable results.

Results:
• Robust, flexible, and resilient mining plans.
• Forecasting of potential production ranges backed by detailed and quantitative analysis.
• Optimization of various variables to improve economic and operational performance in changing conditions.

Our stochastic planning enables proactive risk and opportunity management, enhancing operational efficiency and profitability across multiple scenarios.