RPMGlobal Holdings Limited announced the release of its new multi-site, multi-period optimizer solution - Enterprise Optimizer TM, which assists miners to evaluate capital investment strategies and mine plans of multiple operations to maximize the Net Present Value (NPV) of an entire mining organization. EO has been developed from the ground up leveraging and building upon algorithms, libraries and intellectual property within RPM's software suite. It has been designed so that EO can look at a mining organization in its entirety and inform users on the optimal capital investment decisions whilst also optimizing the strategic mining schedule.

RPM's Enterprise Optimizer is capable of handling very large, multi-operation models and has the capability to blend products not only at site but also at other points along the route, including the port. It achieves this analysis very quickly, making it possible to study more alternatives in a shorter period of time in order to maximize the organization's NPV and production capacity. EO doesn't look to just optimize across a single period or the short term horizon, but rather to optimizes across the entire life of the mine in one go.

It does this for each operation simultaneously, including the mine schedule and processing plant. Throughout the process it considers the operational structure of the company so it can maximize the NPV across the whole organization. EO is entirely process-driven, removing the need for complex scripting while providing ease of use and visualization of the optimized schedule.

This process driven approach makes it very simple to configure reserves models and then model key factors such as mining rates, costs and revenues. The user can define complex sequencing rules and constraints whilst defining objectives and product specifications. EO then allows users to analyze and visualize scheduling outcomes which will determine the optimum NPV.

Developed without limitation as to mining commodity, EO can be used across any commodity, mining method and any number of sites. Whilst it is a standalone product and can be used to optimize schedules and reserves from most mining packages, there are integration advantages when EO is paired with RPM's scheduling solutions. EO works well with RPM's Enterprise Planning Framework (EPF) with users having access to features such as the model repository so that they can share and edit models across the enterprise.

EPF also has the industry's largest independent equipment library, governance and enterprise security amongst its numerous advantages.