RPMGlobal secures MinVu in latest acquisition

Mining software developer RPMGlobal has agreed to acquire MinVu, a privately owned Australian provider of mine-wide operational reporting and analytics software.

The deal represents RPM’s seventh acquisition in the past three-and-a-half years. It continues RPM’s determination to deliver a complete commercial off-the-shelf enterprise platform for the mining industry, built on open industry standards to delivers a step change in value chain optimisation through investments in software innovation, the company explained.

Brisbane-based MinVu has been providing enterprise operational software to global customers for more than 18 years. Miners rely on the MinVu products to understand what their mining equipment is doing at any time of the day or night.

Development of the MinVu product has involved significant customer engagement since the company was formed in 1999.

A collaborative nature of development has resulted in a comprehensive suite of integration adaptors and data validation functionality being built. The integration adaptors feed operational data into a structured operational data store (ODS), which is used by more than 250 standard reports and real-time dashboards.

RPM chief executive and managing director Richard Mathews said, “Since acquiring a copy of the Fewzion Short Interval Control (SIC) product 12 months ago we have been building the underlying architecture to enable us to deliver a fully automated Short Interval Control system.

“Having the ability to automatically take live data feeds off our customer’s operational systems will dramatically accelerate our move into the Short Interval Control space where real time plan verses actual performance is the goal.”

Mathews said MinVu was the only company that RPM knew of which built a comprehensive suite of standard integration adaptors across all key operational systems that operate in a mine.

“As such we believe the integration, data validation, structured (ODS) and associated reporting will give RPM a commanding head start over other software vendors who decide they want to provide a mining Short Interval Control system in the future,” Mathews said.

“While the major consideration for this acquisition was advancement of our Short Interval Control System many of our other products will benefit from access to operational data via our enterprise planning framework (EPF).”

The mining companies that use MinVu include BHP, Glencore, Anglo American, South32, Yancoal, US Steel, Canadian Natural Resources, PT Bumi, Ok Tedi, New Hope Corporation, Dominion Diamonds, and Wesfarmers.