Stockpile & Inventory Optimization

Optimize Mine Planning and Mineral Processing’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.

  1. Uses 3D modelling to keep track of where and when material haulage
  2. Tracks the material flows and associated properties (e.g. source, volume, key minerals & elements, hardness, lithology) from the mine to stockpile and plant
  3. Integrates data from multiple sources such as Fleet Management Systems and Drone Scans for increased accuracy 
  4. Provides real-time information  and predictions of material arrival with preset alarms available

A Solution Panel showing an overview of the process in real-time

A Solution Panel showing Material Dumped

A Solution Panel showing Material Dumped

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 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.”

Craig Morley

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.

The Application Portfolio