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.

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Company Details

Company:
RPMGlobal
Headquarters:
Australia
Website:
rpmglobal.com/product/sot/

Media

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Product Details

Platforms
Windows
Types of Training
Training Docs
Customer Support
Online Support

SOT Features and Options

Mining Software

3D Modeling
Cross Section Creation
Data Exchange
Data Storage
Exception Notification
Fence Diagrams
Log Map Creation
People Tracking
Pit Optimization Reporting
Risk Management
Volumetrics

SOT User Reviews

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