Maptek Pty Ltd and Orelogy Group Pty Ltd today announced they have signed an agreement for Maptek to acquire the suite of Evorelution products from Orelogy.
Maptek will deliver the advanced strategic mine scheduling optimisation capabilities within Evorelution to the global mining industry, augmenting geological modelling and mine design functionality in Vulcan software.
Orelogy will continue to offer specialist mine planning services to customers globally, and will apply Evorelution and Vulcan in their consulting work.
Evorelution is an open pit mine scheduling solution that maximises value by delivering practical, high-value schedules more cost effectively and up to ten times faster than other methods.
"Orelogy has created a next generation scheduling and optimisation solution in Evorelution," commented Maptek General Manager Peter Johnson. "Maptek is pleased to partner with them."
Orelogy has developed and delivered Evorelution successfully from their Perth head office for several years.
"Maptek has validated our belief that we have a world class scheduling solution," commented Managing Director for Orelogy, Steve Craig.
"Maptek also welcomes key staff responsible for developing Evorelution," added Johnson. "They will add a new dimension to our strategic solutions, along with expertise to support customers globally."
Technology company advisor Atrico Pty Ltd advised Orelogy on this transaction.
The terms of the agreement are confidential. To discuss how Maptek solutions can benefit your mining operation, contact Maptek on +61 8 8338 9222.