RungePincockMinarco has acquired the rights to Mine2-4D, the widely used mine design and reserving software.
It has acquired the rights from MineRP, and will allow RPM to develop its own mine design products and provide an integrated design capability with its other scheduling and simulation software.
Under the terms of the acquisition RPM has acquired unrestricted rights to rebrand, commercialise and exploit the software code and any successor products developed by RPM.
“The Mine2-4D design product has recently undergone a massive rewrite using next generation development tools to allow for greater processing capability,” the company said in a statement.
RPM CEO Richard Mathews described the acquisition as exciting, adding that it “accelerates our plans to expand our capability across the mining value chain”.
“The Mine2-4D product is well known in the industry and by utilising this existing foundation we have a low risk, fast track approach to getting mine design on our software roadmap and delivering a more holistic offering to our customers,” Mathews said.
The mining software company has typically provided an export/import functionality for the design tools of third party vendors that allowed feedback between the design and scheduling processes, and will continue to do so, however this full integration of an RPM specific design tool with RPM’s existing scheduling and simulation applications “will enhance the mine planning process,” RPM claimed.
“Having our own design tool will mean we can provide our customers with a complete planning solution; with design functionality, geological reserving, and operational scheduling,” he said.
“A fully integrated offering will enable customers to immediately evaluate the impact of changes in the physical environment on scheduled activities.
“The product also comes with a new graphics engine that is based on leading visualisation technologies. We will be embedding these new technologies across our existing products to greatly enhance the user experience and take this visualisation capability to the enterprise level.”