MIRARCO and the sponsors of the SOT+ project invite additional mining companies to join the next phase of the consortium project. Please contact us to discuss the opportunity for a case study delivering value to your underground mining operation, using one or more of the software products: GeoSequencing, VCM, and AVM, as briefly described below.
Millions of dollars can be added to the value of an underground mining operation through the use of SOT, the Schedule Optimization Tool. SOT adds value to an underground mining operation in several ways:
- Generates life-of-mine schedules that adhere to all specified precedence and operational constraints.
- Optimizes net present value (NPV) based on your financial model.
- Creates alternative high-NPV schedules in a fraction of the time required by traditional methods.
- Facilitates an informed selection among competing planning scenarios by quickly generating optimized schedules for each alternative.
SOT was originally developed by MIRARCO and is now commercialized through Revolution Mining Software.
SOT+ Extending the Application of the Schedule Optimization Tool
MIRARCO has developed three new software modules to extend the capabilities of SOT. When coupled with SOT, the new modules facilitate the generation of optimized extraction schedules while adhering to a broad range of mine planning constraints.
The GeoSequencing Module facilitates the generation of optimized schedules adhering to stope sequencing constraints that are motivated by geotechnical considerations. Using the module, the mine planner selects the rules for stope sequencing as decided by the geotechnical engineers. The GeoSequencing Module will then automatically generate alternative sets of stope-to-stope dependencies, or geosequencing scenarios, that enforce the selected rules. Adhering to these constraints, SOT generates life-of-mine schedules with maximized net present value that are geotechnically feasible. Read more about the GeoSequencing Module here.
Dr. Lorrie Fava
Director, Decision Support Software
Tel: (705) 675-1151 Ext. 5113