Abstract: A precision mining system having mining equipment manipulable to recover material with mineral resources, the system comprising: an image sensor for capturing real-time imagery of a geographical location having material with mineral resources and at least one element of the mining equipment; a storage device comprising instructions and the real-time imagery; and a processor configured to execute the instructions to receive, from the image sensor, real-time imagery; at least one sensing device associated with at least one element of the mining equipment configured to acquire data corresponding to at least one of position and motion of the at least one element of the mining equipment in the real-time imagery; and the processor configured to execute the instructions to generate at least one production polygon corresponding to a volume of interest with the mineral resources and combine the real-time imagery with the at least one production polygon to generate real-time composite imagery.