RPM Increases Mining Capabilities with Mine2-4D Acquisition
Mining solution provider RungePincockMinarco (RPM) has acquired the rights to the Mine2-4D software design product from MineRP.
The deal, which gives RPM non-exclusive right to the code, will allow the company to improve upon its own mine design products as well as increase capability of design integration for simulation and scheduling.
“The Mine2-4D product is well known in the industry and by utilizing 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,” said Richard Mathews, CEO and Managing Director of RPM.
He added that it “accelerates our plans to expand our capability across the mining value chain.”
Under the acquisition, RPM has the rights to rebrand and commercialize the software code, including any successor products developed by RPM.
“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,” said Mathews.
“The Mine2-4D design product has recently undergone a massive rewrite using next generation development tools to allow for greater processing capability.”
According to Mathews, the acquired software is based on leading visualization technologies and the company will be “embedding these new technologies across our existing products to greatly enhance the user experience and take this visualization capability to the enterprise level.”
He added, “A fully integrated offering will enable customers to immediately evaluate the impact of changes in the physical environment on scheduled activities.”
RPM has provided advisory consulting, technology and profession solutions to the mining industry since 1968. The company operates in offices in 18 locations across 12 countries.