SOFTWARE: Newest Whittle version unlocks NPV in mine planning

VANCOUVER - Gemcom Software International, the largest global supplier of mining software solutions, has released Whittle^TM 4.4, the latest version of its industry leading strategic mine planning software for open pit mines. When exploration and mining companies need to evaluate the financial viability and the optimal mine strategy for a deposit, they turn to Whittle because it enables them to determine their investment strategy and to deliver robust mine plans that maximise profitability.

Release 4.4 incorporates the new Simultaneous Optimisation module which allows users to unlock up to 25% more net present value from mining operations by handling optimisation mechanisms concurrently rather than sequentially. Through the facilitation of optimisation over mine schedules, stockpiles, cut-off grades, and blending in a single step, the Simultaneous Optimisation module reduces the complexity of configuring each of these optimisation mechanisms independently. This ensures that all optimisation mechanisms are used and that maximum value from the deposit is derived.

In addition to the Simultaneous Optimisation module, Whittle 4.4 includes numerous new features and system enhancements designed to improve personal productivity and add new economic value to projects. Incorporated into the software are new and refined capabilities, including more controls for modelling mining constraints, and the ability to optimise larger block models..

For more information about Whittle 4.4, visit www.GemcomSoftware.com/Whittle.