Predictive Mining Intelligence Platform Β· PMI

Mining intelligence that learns what normal means for each mine

Argus Mine reconciles the evidence from planning, the block model, survey, material movement, grade control and the plant; it tells expected variation apart from material deviation, and expresses it as financial exposure with its level of confidence. One mining intelligence, seen from three levels: strategic, tactical and operational.

Evidence.
From every source, replacing none.
Reconciliation.
Independent sources, one reading.
Adaptive intelligence.
Normal, learned for each mine.
Governed value.
Exposure, cases and follow-up.
Three levels of intelligence and decision

Three perspectives on one mining intelligence

Not three systems, and not more dashboards. Each level answers a different question about the same mine reality, and each one leads to the next: from financial exposure to the case that explains it, and from the case to the evidence behind it.

Strategic

Value intelligence

The question

Where is the value of our assets exposed, and what is the potential impact on the business?

  • Value and risks of the assets, consolidated across sites.
  • Financial exposure of material deviations.
  • How risks and opportunities evolve.
  • Confidence and uncertainty behind every figure.
  • Financial impact of decisions and mitigations.
Tactical

Deviation management

The question

Which material deviations need attention, investigation and follow-up?

  • Deviations prioritized by their potential impact.
  • Value Matters: the cases that matter to the value of the business.
  • Owner, investigation, decisions and measures for each case.
  • Follow-up through resolution, mitigation or acceptance of the risk.
  • Verification against the next period's actual result.
Operational

Evidence and reconciliation

The question

What does the original data show, and where do the sources disagree?

  • Reconciliation between plan, block model, survey, material movement, grade control and plant.
  • Original, traceable and auditable data.
  • Variability and uncertainty of each measurement.
  • Inconsistencies and deviations on the map and over time.
  • Quality, availability and reliability of each source.

One deviation, on all three levels

For example, a difference between the block model and what reached the plant:

Strategic
Estimated financial exposure, its uncertainty and how the risk evolves.
Tactical
The open case: owner, investigation, actions and resolution status.
Operational
The original data, the reconciliation, the observed differences and the reliability of each source.

Job titles β€” management, geology, planning, finance β€” set each person's permissions, responsibilities and preferences. They do not define the structure of the product.

Argus Mine in one minute

See the platform at work

From the 3D engine with the whole mine to the potential economic impact: what Argus Mine does, in one minute. Narrated in English, with subtitles.

Recorded on the platform with demo data.

Adaptive Mining Intelligence Engine

The longer Argus Mine operates in a mine, the better it understands what normal means for that specific mine

The engine behind the three levels combines geospatial intelligence and artificial intelligence. What it does:

1Operational

Reconciles independent sources

Continuously cross-checks mine information coming from different sources, none of which confirms another.

2Operational

Measures on the ground, in 3D

Compares 3D surfaces from design, survey and satellite against the block model, bench by bench, and places each deviation on the site map.

3Operational

Models each mine separately

Builds each site's own normal behavior and uncertainty from its history.

4Operational

Updates as the mine evolves

Every reconciled period adjusts that model as the mine advances and changes.

5Operational

Separates expected from material

Tells expected variation apart from deviation that may be material to the business.

6Operational

Estimates impact, confidence and trend

Expresses each deviation as financial impact with the confidence of the measurement behind it, and projects the next period with its uncertainty band.

7Operational

Explains each deviation with AI

An AI model drafts the analysis of each period and the board report, and proposes which stage of the process each deviation should be attributed to. The figures are always calculated by the engine: the AI does not make them up. It runs inside the platform, without sending site data to external services.

8Operational

Answers questions in your language

An AI assistant answers in English, Spanish or Portuguese about factors, tonnes, NPV and deviations at each site, using the platform's figures.

9In development

Learns from what is verified

Today it follows each deviation through to its actual result. It is designed so that investigated and verified results improve knowledge of the asset, and that capability will be demonstrated site by site through technical validation.

What the engine does is public; how it does it belongs to Argus Mine. Its learning capability is demonstrated through technical validation at each site, not through accuracy promises.
Value at Risk

The value of a mine site
is lost before
anyone sees it.

The difference between what was planned and what was executed β€”dilution, overbreak, sequence delayβ€” doesn't disappear when nobody measures it: it accumulates, silently, until period close. Argus Mine turns it into an NPV figure, period after period, while there's still time to act.

The problem isn't the error β€” it's the delay in seeing it

Every mine site operates with a gap between the planned design and what actually happens on the ground. That gap always exists; the risk isn't that it exists, but that today it's detected late β€” at quarterly reconciliation, at period close, once the cost has already been taken.

You don't protect a mine site's value with more reports. You protect it by watching the gap between plan and reality before it becomes a loss.

An unreported overbreak, a dilution that grows unnoticed, a sequence delay that worsens month after month: individually, they're operational noise. Accumulated over a quarter, they're an NPV adjustment nobody can reverse anymore.

And it almost never surfaces in time:
  • Losses are rarely monetized month by month β€” tonnage gets compared to tonnage, not dollar to dollar.
  • There's no action plan sized to the real economic impact of each deviation.
  • Recovery efforts are organized by crew or shift, not by the value they represent.
  • Teams advance chasing ore and leave behind a waste void nobody sizes β€” until it becomes a geotechnical or equipment risk.
Operational Value at Risk
The gap between plan and execution, converted into an NPV figure β€” period by period, not at quarter close.
Control value, don't just record its destruction

The goal isn't to document how much value has already been lost. It's to show, period by period, how much value is still at risk and how much of it is recoverable if you act in time.

The cost of waiting

The longer you wait, the more value is exposed

Reconciliation latency turns an operational deviation into growing economic exposure β€” every day a problem goes undetected or unresolved, the value at risk keeps accumulating.

8.4Γ—

more exposure between day 1 and day 21 unresolved, in this example

Documented in reconciliation literature
Up to 30 days between the stope and the plant, measured with RFID in an underground gold mine
Xingwana (2016), Journal of the SAIMM β€” see Sources
$2M$4M$6MDay 1Day 3Day 7Day 14Day 21
$1.9MSeen at the next survey
$6.7MSeen at month-end close
+$4.8Mof extra exposure from seeing it late
Seen at the next survey Β· $1.9M Seen at month-end close Β· $6.7M +$4.8M of extra exposure from seeing it late

Illustrative example of how exposure grows while a deviation remains unresolved β€” not data from a real site.

The longer you wait, the more value is exposed β€” Illustrative example of how exposure grows while a deviation remains unresolved β€” not data from a real site.
DayUSD
1$0.8M
3$1.9M
7$3.2M
14$4.8M
21$6.7M

Closing the gap between detecting and resolving a problem is, itself, an operational KPI.

From evidence to value

One chain, from evidence to managing value

Argus Mine is not a collection of dashboards. It is the chain that connects mining evidence to financial risk, and to whoever has to manage it.

1
Evidence

Design, block model, drone or laser survey, satellite, grade control, dispatch and plant: each source measures on its own.

2
Reconciliation

The sources are cross-checked: F1, F2 and F3, dilution, ore loss, waste and material flows, with what cannot be measured declared as such.

3
Adaptive intelligence

Each mine has its own normal range, learned from its history and updated every period, to separate expected variation from material deviation.

4
Financial risk

Each material deviation is translated into NSR and NPV, with its uncertainty, separating what was lost from what was only delayed.

5
Management and follow-up

The deviation becomes a case with an owner, actions and verification against the next period's actual result.

Domains of evidence

It connects each area's evidence. It doesn't replace their systems.

Geology, planning, survey, operations, plant and finance keep working with their own tools. Argus Mine connects and reconciles what each one delivers, to build an integrated understanding of the mine's reality.

Geology and block model

Grade, density, destinations and NSR per block, versioned, exactly as they come out of Vulcan, Datamine, Deswik, Surpac or Leapfrog.

Mine planning

Each period's designs and each phase's final design: what was planned, and where.

Survey

As-built surveys from drone, laser or GPS, and satellite elevation models between flights.

Grade control

Blast-hole samples with their quality control, against the model grade.

Configured at setup

Mine operations

Material movement from each phase to waste dumps, stockpiles and the plant; exact when dispatch data is available.

Configured at setup

Metallurgy and plant

Independently measured feed, the only valid basis to compare the plant against the mine.

Finance and costs

Discount rate, valuation date and site costs declared with their source, to value each deviation.

Other integrated sources

Sentinel-1 radar, ICESat-2 altimetry and satellite elevation models as independent verification.

It runs in the cloud or on the company's own infrastructure, and works on the data the site already produces.

Where the value shows up

We don't sell time savings. Argus Mine translates every spatial deviation into economic impact, period by period, so the decision is made while it can still be corrected.

Per survey

Time
Reconciliation cycle

Monthly reconciliation is common industry practice. Argus Mine recalculates the period as soon as a new survey arrives: the cycle is set by the site's survey cadence, not by month-end close, and a drill-and-blast deviation can be corrected on the next shift.

Within the period

Precision
Overbreak and dilution in time
Open pit: overbreak, dilution and ore loss detected bench by bench, before the period closes.
Underground: overbreak and underbreak measured against the design solid.

In NPV

Margins
Impact in dollars, not tonnes
Open pit: plan non-compliance valued in NSR and NPV, separated from the cost of executing late.
Underground: the same NSR and NPV calculation on closed solids.

We don't publish generic improvement percentages: they depend on each site, and each site is measured against its own baseline.

Make the economics visible

A simple estimate, not a promise: adjust your operation's parameters and see the order of magnitude of value that closing your reconciliation gap could represent.

Mt/aΓ±o
$/t
%
%
Estimated annual exposure today
$28,000,000
Potentially recoverable value
$5,600,000
per year, based on the values you entered

Illustrative calculation based solely on the values you enter β€” not a financial projection or contractual commitment.

Example Value Matter Β· Phase 04 β€” Bench 320

Illustrative example
Planned
185 kt Β· 0.82% grade
Actual
171 kt Β· 0.71% grade
Value at Risk
-$4.8M
Result (example)
$2.0M recovered (65%)
Why?
  • 42% β€” Excavation outside design
  • 27% β€” Blast movement
  • 18% β€” Material misclassification
  • 13% β€” Other causes
Action

Modify the excavation boundary for the next period

Expected recovery
$3.1M

Illustrative scenario with example figures to show the product flow β€” not real customer data.

Academic backing

Delayed reconciliation has a documented cost

This isn't a product hunch. Mining engineering literature has documented for years that reconciliation shouldn't stop at comparing tonnes and grades β€” and that delays in detecting losses and dilution have measurable consequences across the entire mine-to-mill chain.

Independent academic studies cited as industry context β€” not Argus Mine customer case studies.

See all sources

FAQ

What Argus Mine is, in plain terms

What is Argus Mine?

Argus Mine is a Predictive Mining Intelligence Platform (PMI) for metal mining β€” copper, gold and polymetallic operations, open pit and underground. It reconciles what was planned (mine design and block model) with what was actually executed (as-built surveys, satellite monitoring, material movement and the plant), learns what normal means for each mine and translates every material deviation into tonnes, grade, NSR and NPV, on three levels: strategic, tactical and operational.

Who is it for?

For the mining company at its three levels of decision: senior management, which needs to know where value is exposed; site management, which manages material deviations; and the technical teams β€” geology, planning, survey, grade control, operations, processing and finance β€” that provide and review the evidence. Every deviation is attributed to the stage of the process where it originated, so it gets investigated by whoever can fix it.

Which reconciliation factors does it calculate?

Three widely used reconciliation factors whose definitions vary between companies; Argus Mine declares its own. F1 (mine vs. plan) measures whether the design was mined as intended; F2 (plant vs. mine), whether what was mined reached the plant; and F3 (plant vs. plan), how well the block model predicts what is actually processed. This separates operational accountability from geological accountability.

What data does it need?

Mine designs in DXF, as-built topographic surveys in DXF or GeoTIFF (for example, from drones) and the block model with grade and NSR per block. Optionally, grade control samples to refine grades and measured plant tonnage for an independent F2.

Does it replace Vulcan, Datamine, Deswik or Leapfrog?

No. Argus Mine works on top of the designs and block model your planning and modelling software already produces. It does not estimate resources or classify reserves (JORC, NI 43-101); it provides the actual production evidence that classification needs to stand over time.

What does "predictive and adaptive" mean here?

That it uses no generic thresholds: it learns each mine's normal range from its own history, updates it with every reconciled period and projects the next one with its uncertainty band. That is how it separates expected variation from material deviation. It is designed to improve with the results that are investigated and verified; that capability is demonstrated at each site through technical validation, not through accuracy promises.

How much value is your mine leaking today?

Every day a deviation goes undetected, unexplained, or unresolved, the value at risk keeps growing. Start by seeing it.

No commitment.