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What is SOT?

SOT distinguishes itself as a specialized financial optimization tool designed specifically for both surface and underground mining activities, significantly boosting productivity and profitability by optimizing the Net Present Value (NPV) of mining schedules. This sophisticated scheduling solution utilizes an evolutionary search algorithm to generate enhanced schedules focused on maximizing resource NPV. Tailored for scenario analysis and strategic evaluations, SOT provides mine planners with the capability to examine different strategies and select alternative schedules that enhance NPV. By implementing an NPV-optimized schedule, mining operations can extract increased value from their resources, thereby minimizing risk and expediting the payback period. The system integrates custom heuristics with the evolutionary algorithm to further improve NPV results. It empowers users to reveal robust, high-value schedules that greatly impact strategic mine planning, while also facilitating optimization across a range of metrics, including ore feed goals and profitability indices. Furthermore, SOT not only enhances operational efficiency but also ensures that stakeholders are equipped with the critical insights necessary for making strategic decisions that foster sustained success in the mining sector. This ability to adapt and optimize positions SOT as an invaluable asset for future-oriented mining enterprises.

What is CorePlan?

CorePlan is an online platform designed to help mining exploration and drilling firms transition their operations to a digital format. It serves as a comprehensive solution for exploration teams, enabling them to efficiently create drilling plans, monitor production, handle samples, and maintain safety protocols. Additionally, CorePlan streamlines the process of capturing project data for drilling companies, automating tasks that range from sharing client information to generating invoices, thereby enhancing overall productivity and accuracy. This tool not only improves workflow efficiency but also supports better collaboration within teams, making it an essential resource in the mining industry.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$1350
Pricing is available on the website

Supported Platforms

Windows

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

RPMGlobal

Company Location

Australia

Company Website

rpmglobal.com/product/sot/

Company Facts

Organization Name

Springtech

Date Founded

2015

Company Location

Australia

Company Website

www.coreplan.io

Categories and Features

Mining

Not specified

Categories and Features

Mining

Data Storage
Log Map Creation
People Tracking
Risk Management
Volumetrics

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