SOT Description
SOT stands out as the unique strategic financial optimization solution tailored for both surface and underground mining operations, enhancing productivity and profitability by maximizing the Net Present Value (NPV) of mining schedules. This advanced mine scheduling tool employs an evolutionary search algorithm to create optimized schedules aimed at maximizing resource NPV. Specifically designed for scenario analysis and strategic comparisons, SOT enables mine planners to evaluate various approaches and select alternative schedules that yield higher NPVs. By adopting an NPV-optimized schedule, operations can realize greater value from their resources, effectively reducing risk and shortening the payback timeline. The tool incorporates custom heuristics alongside the evolutionary algorithm to refine NPV outcomes. It empowers users to unveil resilient, high-value schedules that significantly influence strategic mine planning, while also allowing for optimization across multiple metrics such as ore feed targets and profitability index. Ultimately, SOT equips mining operations with the necessary insights to make informed decisions that drive long-term success.
SOT Alternatives
Intelex
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With Intelex, your organization can:
Elevate your EHSQ program outcomes by supervising workflows for superior performance and command.
Discern patterns and propensities through goal-setting to deepen understanding and improve decision-making in your EHSQ program.
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Simplify the management and reporting of air, water, and waste emissions, and oversee environmental outputs to fulfill sustainability objectives.
Foster ongoing improvements in quality by seamlessly logging and monitoring all instances of nonconformity within a unified, web-based system. Investigate trends across various departments, sites, or locations.
Intelex can help you manage compliance with international standards and regulations such as: OSHA, WCB, ISO 45001, EPA, ISO
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Inspectivity
Inspectivity allows you to plan, assign, schedule and record inspections of critical assets. Digital inspection reports that are customized and digitally generated provide a uniform approach to inspection with full audit records of all activities. The guided process provides control and integrity to aid in automation assessment and decision-making. You can quickly identify non-compliant assets with all the features you need to manage issues, corrective steps, and history. You can record non-compliances and take and annotate photos. You can also mark-up drawings and leverage RFID and barcode technologies. You can access asset history and information on the move. You can speed up inspections by capturing field data in cloud for desktop collaboration. Find cost savings opportunities and powerful automation using embedded asset intelligence in the inspection platform.
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Opencontour
Opencontour offers advanced software solutions designed to enhance the efficiency of open pit mining and heap leach pad operations. These tools are specifically engineered to simplify various aspects of mine design, scheduling, and planning, ultimately boosting overall productivity. By utilizing Opencontour, mine planners can effectively collect and analyze critical data, enabling them to make well-informed decisions. Given the complexity and scale of open pit mining and heap leaching, meticulous planning is essential to avoid the misallocation of time and financial resources. Opencontour facilitates a cohesive operational strategy across all areas of the mine, ensuring that activities are synchronized for optimal performance. The software’s innovative planning tools create workflows that minimize resource wastage, improve recovery rates, and enhance profitability for mining enterprises. Additionally, Opencontour's suite is comprised of four distinct programs: Core Design, Scheduling, Heap Leach Pad Stacking, and Heap Leach Recovery Optimization, each tailored to address specific challenges in the mining process. This comprehensive approach ensures that every aspect of mine planning is thoroughly addressed for maximum effectiveness.
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Maptek Evolution
Maptek Evolution offers a comprehensive suite of scheduling tools that cover short-, medium-, long-term, and strategic life-of-mine plans, along with effective production strategies. This innovative solution allows users to enhance the value of their mineral deposits while maintaining operational integrity and avoiding data oversimplification. By employing cut-off grade techniques, the Maptek enterprise-level scheduling system significantly boosts Net Present Value (NPV), which is essential for maximizing the overall worth of projects. Additionally, Evolution enhances the efficiency of haulage fleets, paving the way for early cost reductions in the planning process. Users of this system can leverage high-performance cloud computing to run multiple solutions simultaneously, facilitating a collaborative approach where each solution learns from the others, resulting in the continuous development of more effective strategies to tackle real-world challenges. The platform ensures a fluid transition from strategic to short-term scheduling, relying on a unified data source. Furthermore, it allows for rapid scenario iteration that takes into account various factors, including cut-off grades, production timelines, dynamic route planning, haulage cycle durations, and waste dump management, ultimately leading to more informed decision-making. This not only streamlines operations but also enhances the ability to adapt to changing conditions in the mining landscape.
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Integrations
No Integrations at this time
Company Details
Company:
RPMGlobal
Headquarters:
Australia
Website:
rpmglobal.com/product/sot/
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Product Details
Platforms
Windows
Types of Training
Training Docs
Customer Support
Online Support
SOT Features and Options
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