Effective decisions on budgets, risk & accountability
Not too good to be true, but as good as your company can be: 3% revenue growth, with an investment of USD 1.5 million, fully implemented in three months
Bringing together a team of seasoned international experts, our Integrated Mine Performance Accelerator (IMPACT) initiative providers a client-focused approach to facilitating effective management decision taking, based on integrated management information.
An Integrated Mine Management Information System (IMMIS) will
a) sustainably boost your bottom line,
b) give you the tools to optimize productivity and risk management,
c) make your operations more resilient and future-proof.
Our IMMIS is tailored to meet your specific information management needs from pit to profit, by integrating all relevant data and making them accessible to management in real time, via individualized user-friendly interfaces.
We are represented at the European Mining Business Forum by Got IT Consulting (GIC) based in Vienna, Austria. GIC provides the strategic planning and project management.
Project design and implementation is led by Metal Management Solutions (MMS), based in Cape Town, RSA.
Mine Sense for Mining (MS4M), with HQ in Lima, Peru, is focused on modules for the pre-processing stages and through Platforma provides integrated IT network and Internet of Things (IoT) infrastructure and services.
SIMTECH, based in Graz, Austria, provides insights on process analytics and optimization, based on more than three decades in the business.
Proof of concept 1 (Profit): business case for AA Jeruy Gold Mine:
| Description of documented improvements at KGC | Change (%) |
| Excavator waiting time | -20% |
| Truck downtime in loading queue | -17% |
| Empty mileage | -9% |
| Asset utilization | +5% |
| Tons of ore transported | +4% |
| Cost per ton | -7% |
With a total expected project cost of USD 1.5 million, an increase of profits of more than USD 500,000 per month is forecast, i.e. the payback period is 90 days.
Proof of concept 2 (Risk): Centerra Gold Öksüt Mine:
Originally introduced as a requirement by the internal audit team, the integrated WIRE metal management suite helped Centerra address several challenges at once:
a. Auditable Reporting: Fully AMIRA-compliant production reporting, vital for management and stakeholders;
b. Enhanced Throughput: Automated tracking from pit to port, optimising the entire production & sales cycle;
c. Streamlined Sales and Logistics: Automated outbound logistics and settlement, with auto-generated dispatch bills, invoicing, and umpiring processes.
While Öksüt was struggling severely when our project began in April 2022, with the help of an integrated metal accounting system (including interfaces with exploration and lab data), by June 2023 the mine was ready to restart dynamically, allowing Centerra to achieve AISC gold production costs of USD 675/oz, 50% below the industry average of USD 1345/oz.
If you are interested in finding out by how much an IMPACT project can raise your productivity and your profits, please get in touch: johannes.chudoba@gic.co.at
We offer you solutions that are tailored to your needs (rather than requiring you to adjust to the software), with a single counterpart for all aspects and stages of the implementation, at a reasonable, transparent cost. Most of all, we offer you the ultimate management tool that will help make your company the best it can be – in terms of profitability, sustainability and safety.
