RungePinockMinarco (RPM) has entered an agreement with FlexSim Software Products to obtain a copy of its simulation software. The acquisition of the software provides RPM the right to commercialise and develop the FlexSim simulation software in the mining industry.
February 2014 saw the first collaboration between FlexSim and RPM with the launch of HAULSIM, a discrete event simulation product designed specifically for mine haulage systems and incorporating FlexSim’s simulation engine. HAULSIM enables users to accurately model complex mine haulage systems in an interactive visual 2D environment in order to efficiently identify and remove operational blocks.
This simulation engine will also be embedded into the next release of RPM’s ultra-short term mine execution system, XECUTE. This will give mine planners, who have just created their ultra-short term mine plan, the ability to watch a full simulation of their plan in XECUTE’s 4D interactive viewer. Based on the outcomes of the simulation, users of XECUTE can either fine tune their plan and then simulate it again or commit it directly to the fleet management systems to execute.
Commenting on the acquisition, RPM’s CEO and Managing Director, Richard Mathews, said: “This acquisition supports our software strategy. FlexSim’s reputation in the world of simulation is second to none, so we are delighted with this major advancement in our software strategy. Adding to our comprehensive suite of design, scheduling, financial and execution products, this step makes RPM leaders in mining simulation as well.”
FlexSim’s Founder, President and CEO, Bill Nordgren, stated: “RPM is the most qualified software company within the mining industry because of its leadership position in developing and integrating simulation technology. With the acquisition of FlexSim technology, RPM will offer the most complete enterprise solutions in the mining industry. We are pleased to have such a strong partnership with a forward thinking company”.
Edited from PRess Release by Harleigh Hobbs
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