In a recent interview with Kitco Mining on Kitco News, Benny Cohen, President of KPI Mining, shares groundbreaking advancements in stochastic optimization that enable mine operators to conduct strategic planning and identify key value drivers and bottlenecks within the mineral value chain. Emphasizing the innovative nature of these techniques, Benny describes KPI Mining as the “Tesla of mine planning.” He highlighted how the mining sector is now catching up with methods that have been successfully used in the oil and gas industry for over a century. Benny stated, “The whole process is completely different from what they’ve been used to over the last 20 to 30 years.”

This interview explores how KPI Mining is leading the charge in bringing these advanced concepts to the forefront of resource management, ensuring more accurate forecasts and optimized operations. Tune in to understand how this paradigm shift is setting a new standard in the mining industry.