The mining industry searches their minimum operating cost to survive, or they decide their scale based on a rule of thumbs. (Smith, 1997)

The economics of mining are treated as a marginal optimisation paradigm. Capital cost allocation becomes a complexity with no simple answer.

Traditional mining tools, our competitors, focus exclusively on the mine sequence and cut-off grades for on-going operations at defined scale.

Decision Matrix constitutes an advancement, integrating thousands of value drivers, from processing routes to predicting the infrastructure costs required alongside the mining sequence.

Decision Matrix is mining software, financial modelling and market intelligence as one platform.

The kinds of questions answered by DMS include:

  • What's my optimal mining sequence?

  • What should my product strategy be based on Steel Mill purchasing behaviour? How should it inform the rest of my sequence?

  • What is my optimal mining sequence based on the information I have?

  • What is the mathematical trade-off between value, capital, product quality and operating cost for my business?

  • Based on a prospective partner's mine characteristics, should I invest, divest, or engage in a joint venture?

  • What operational cost is acceptable to proceed with this project?

Interested in how Decision Matrix Systems can be implemented with your business?

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A pure linear programming solution.

Elegant.

Decision Matrix is built upon a pure linear programming architecture. Unlike heuristic or rule-based optimisation approaches, linear programming guarantees the mathematically optimal solution within defined constraints.

We use machine learning to help define and improve the accuracy of these constraints. This structure allows thousands of operational, financial, and market variables to be evaluated simultaneously, producing solutions that are transparent, computationally efficient and easy to prove.

Complex decision environments are reduced to a structured system of relationships, constraints and objective functions. Once defined, Decision Matrix evaluates your decision space in seconds. This avoids expensive simulation studies, shaping exercises and years of operational limbo.

Questions of mine sequencing, capital allocation, production strategy, infrastructure investment, and market behaviour can be explored within a single unified model.

We comprehensively win against our competition* in features and speed.

Basic Features List

*Competitors with the most widespread use: COMET, Minemax, Whittle, Maroma, DBS Scheduler. If there's been any significant advancements on your part please contact us.

Feature Definitions

Blending: Can it calculate the optimal mix of 2 different ore products to sell on the market? Ex: Can it solve iron ore blends?

Multiproducts: What should you consider waste, what %purity can you still modify your mining waste into a marketable product? (As it, can it be blended in the first place if not already optimal?)

Alternative Multiple Processing Flowsheets: Are all the potential processing options provided? Does it give you more than just the ‘optimal’ solution to view when ran?

Stockpiling: Optimal amount and quality of your stockpile to keep in response to market constraints updated period to period.

Dynamic Allocation of Capital Expenditure: Do you need to predefine all your variables in a snapshot? Do you have to tell your software what you’re planning to spend on each component already? Can the software, operating on calculated basic unit cost, decide what your CAPEX on each variable be?

Optimal Mine Production Capacity: Does the software calculate for you what the size of your mine should be? Without the use of any other software, just by itself, can you determine the optimum production capacity and economic mine life in a single instance?

Optimal Cut-Off Grade: What %purity should you reject the product? What is the minimum %purity that you require for your product to be viable in the market and at what price.

Integration with Port and Rail: Can the software, provided data, calculate the rail and port expansion capital expenditure necessary to bring your product to market profitably?

Time to Solve: Small = 1 Mine Deposit, Medium = 3 Mine Deposits, Large = 20+ Mine Deposits. Bear in mind, Decision Matrix does more in less time.

*DMS has more features, especially in product pricing and placement, market intelligence. To avoid copycats, we will only share how these features work once you've begun talks with us as a client.

We are the first to connect mine site optimisation responsively to the market.