Stochastic Mine Planning: Evolving Approaches to Manage Uncertainty
In a recent episode of the Nugget Podcast, Snowden Optiro’s General Manager Tarrant Elkington speaks with Matheus Furtado e Faria, Director of Technical Services at KPI Mining Solutions, about what stochastic mine planning really means for the industry.
Meet the KPI Mining Team: Soheil Kheirparast
We’re highlighting the people driving progress in stochastic mine planning and optimization. This edition features Soheil Kheirparast—mining consultant with expertise in risk-based planning and optimization—sharing how his mix of research, teaching, and hands-on consulting is helping companies tackle complex challenges with smarter strategies.
Cutoff Optimization in KPI-COSMO: Improving Destination Decisions Under Uncertainty
The goal of long-term mine planning is to define a strategy that maximizes the mining asset’s value, traditionally translated by the net present value (NPV), by optimizing the sequence of extraction, the cutoff grade policies and downstream decisions over time.
Meet the KPI Mining Team: Laura Carelos Andrade
We’re highlighting the people driving progress in stochastic mine planning and optimization. First up is Laura Carelos Andrade—consultant, researcher, and lifelong dancer—sharing her journey from Brazil to the COSMO Lab and her passion for bringing new ideas to mining.
Highlights from COSMO Technical Day 2025
On June 20th, our team attended the 2025 COSMO Technical Day—an event that brought together top researchers and industry leaders advancing the frontiers of stochastic mine planning, geostatistics, and AI in mining.
Demystifying Stochastic Mine Planning: A Smarter Approach to Mining Uncertainty
At the Prospectors & Developers Association of Canada (PDAC) Convention 2025—the world’s premier mineral exploration and mining event—KPI Mining Solutions participated in the technical session Level Up Your Project Reserves Against Uncertainty and Risks. One of the key topics we addressed was a common misconception: What exactly is stochastic mine planning?
PDAC 2025: Highlights and Event Recap
PDAC 2025 brought the mining industry together to explore the latest in exploration, planning, and digital transformation. From AI-powered modeling to stochastic mine planning, the event highlighted a shift toward more adaptive, data-driven strategies to navigate complexity and improve long-term outcomes.
KPI-COSMO Release 1.2: Smarter Planning. Better Results.
Discover the latest enhancements in our stochastic mining optimizer with the 1.2 release—delivering optimized, risk-resilient schedules, improved user experience, greater efficiency, and increased profitability to tackle even the most complex mining challenges.
MINExpo 2024 Report: Insights into the Future of the Mining Industry
MINExpo International 2024 set the stage for a new era in mining, with technology and sustainability taking center stage. The event highlighted a clear commitment to smarter, more strategic approaches, showcasing the power of AI and stochastic mine planning to optimize decision-making in the face of uncertainty.
The Happy Path to Increase NPV: A Live Demo through Stochastic Mine Planning
In a recent Nugget Podcast episode, the KPI Mining team showcases how innovative software like the KPI-COSMO Stochastic Mining Optimizer is transforming mine planning by unlocking hidden value and improving Net Present Value (NPV). Watch a live demo to learn the basics of NPV, see the power of stochastic simulations in action, and discover how this technology is reshaping the industry.