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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 Maptek Evolution?

Maptek Evolution provides an extensive range of scheduling tools designed to address short-, medium-, long-term, and strategic life-of-mine planning, coupled with robust production strategies. This cutting-edge solution empowers users to maximize the value of their mineral resources while ensuring operational integrity and preventing oversimplifications of data. Utilizing cut-off grade methodologies, this enterprise-level scheduling system markedly increases Net Present Value (NPV), which is crucial for enhancing the overall profitability of mining projects. Moreover, Evolution improves the productivity of haulage fleets, enabling early cost savings during the planning stages. Users can take advantage of high-performance cloud computing to execute multiple scenarios at once, promoting a collaborative environment where each scenario informs the others, thereby fostering the ongoing refinement of more efficient strategies to address real-world obstacles. The platform guarantees a seamless transition from strategic planning to short-term scheduling based on a consolidated data source. Additionally, it facilitates rapid scenario testing that considers a range of variables, such as cut-off grades, production schedules, dynamic route optimization, haul cycle times, and waste management, ultimately leading to more strategic decision-making. This streamlined approach not only enhances operational efficiency but also significantly improves the adaptability to evolving conditions within the mining sector, which is increasingly vital in today’s dynamic environment. Consequently, the integration of such advanced tools positions mining operations to achieve greater resilience and success.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
On-Site Training

Company Facts

Organization Name

RPMGlobal

Company Location

Australia

Company Website

rpmglobal.com/product/sot/

Company Facts

Organization Name

Maptek

Date Founded

1981

Company Location

United States

Company Website

www.maptek.com/products/evolution/

Categories and Features

Mining

Not specified

Categories and Features

Mining

Not specified

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