Stockpile & Inventory Optimization
Optimize Mine Planning and Mineral Processing
IntelliSense.io’s Stockpile & Inventory Optimization application provides near real-time, 3D ore control models of stockpiles to optimize mine planning and mineral processing.
Mining Stockpile Management Challenges
- The ‘weighted average’ approach results in limited visibility of stockpile contents and properties
- The limited granularity causes high variance in the feed to the mineral processing plant
- The processing plant operates at sub-optimal throughput and recovery due to the variance
Mining Stockpile Management Solution
The Stockpile & Inventory Optimization App.
- Uses 3D modelling to keep track of where and when material haulage
- Tracks the material flows and associated properties (e.g. source, volume, key minerals & elements, hardness, lithology) from the mine to stockpile and plant
- Integrates data from multiple sources such as Fleet Management Systems and Drone Scans for increased accuracy
- Provides real-time information and predictions of material arrival with preset alarms available
The Value Gained
The Stockpile & Inventory Optimization App. will:
- Optimize throughput and recovery with improved blending decisions
- Eliminate reclaim errors by knowing exactly where your material is, and the exact residence time
- Avoid value destruction caused by dumping errors
- Decrease waste and risk caused by material remaining in-situ for longer than is safe
The IntelliSense.io Stockpile & Inventory Optimization application is helping deliver over $100M per year in value creation at a South African Platinum Mine
”The system has exceeded expectations & has moved from proof of concept through pilot to now being implemented at all Anglo operations.”
Head of Mining, Anglo American
Mine to Market: Value Chain Optimization
The Stockpile & Inventory Optimization Application is one of a suite of real-time decision-making applications that uses AI to optimize each process; from mine to market.
Our Material Handling model connects these applications to drive even greater efficiency.