Precious Metals Mining Solutions

Mining companies today are under increasing pressure to boost output from their existing mines and to bring new projects online quickly. To maximize mine profitability, planners and schedulers must create mine plans that match the field as accurately as possible. Planners and schedulers must account for a staggering array of variables – geological samples and data from the mine, the production capacity of each stage of the process, available equipment, machinery and manpower, customer demand and commodity prices, product cost assumptions and the health and safety of workers. Ventyx Mine Planning accounts for all significant variables as quickly and accurately as possible so that customer demands are met and production is optimized from mine to market. Key benefits include:

• Integrated information flows between all mining activities
• Optimal efficiency in mine planning operations
• Streamlined engineering processes
• Improved productivity
• Lower mining costs through smarter use of technology and information management systems
• Increased profit potential

Ventyx provides a wide range of tools to help laboratories optimize their processes and ensure quality results. Key benefits include:

• Increasing sample analysis rates
• Reducing sample turnaround times
• Providing real-time management data
• Enabling better understanding of laboratory operations by management
• Dramatically improving quality by identifying potential problems before they are reported, enabling technicians to more rapidly investigate and address these problems

Ventyx Production Accounting provides a complete production accounting solution designed for mining, mineral processing, smelting, and refining operations. It addresses key production accounting challenges by providing the ability to take on production data from various sources. Key benefits include:

• Facilitates a change in business philosophy from past accounting for mass to future accounting for metal content
• Supports proactive risk management
• Enables timely and accurate recognition of revenue
• Enhances production performance measurement
• Enables improved production planning and forecasting

Access real-time information on the entire logistics chain. With Ventyx, organizations can maximize commercial outcomes by charting the impact of sales and providing a current view of available and upcoming supply of saleable product. Ventyx Logistics, Sales and Marketing solutions generate what-if scenarios for quick reaction to changing market conditions and optimizes sales position and revenues. The solution also provides comprehensive and integrated coverage of the logistics and sales processes for mining and mineral producers and traders. Key benefits include:

• Track ore, concentrate, and product inventories across the entire supply chain in bulk form and packaged form
• Automatically adjust stockpile quality
• Reduce administration costs and increase management awareness of the company's commercial position
• Schedule transport to meet changing demands and maximize output of logistics processes
• Provide specifications for invoicing, metal balancing, stockpile blending, and deviation management

Ventyx Enterprise Asset Management solutions provide a full, clear view of an organization’s asset infrastructure and the workforce maintaining it. Our capabilities extend beyond traditional production assets. With Ventyx, you can manage multiple asset types and still have one clear view of the entire asset infrastructure. Key benefits include:

• Improving asset and resource utilization
• Improving equipment readiness
• Increasing safety and mitigated risk
• Reducing asset lifecycle costs
• Ensuring supply chain availability and visibility

Asset intensive organizations service and operate their assets in the field, where they live. This workforce is often distributed across vast distances, or in remote and dangerous locations, and exposed to volatile conditions. Ventyx solutions provide unique mobile business applications that take asset management and business processes to the work site to automate processes and to safely and efficiently perform inspections, maintenance and repairs.

• Improving quality, consistency and efficiency of asset-based work
• Reducing workforce fatigue and improving workforce safety
• Increasing asset productivity and asset availability
• Facilitating compliance with asset strategies established and managed in EAM systems
• Reducing cost of asset maintenance and workforce deployment
• Providing governance over work processes in the field
• Improving visibility of assets and workforce
• Standardizing or policies and processes in the field and across the organization

Understanding parts management and inventory optimization plays an important role in an organization’s success – particularly in relation to mission-critical assets. The challenge is how to best balance inventory levels. Ventyx Parts Management is the most effective way to reduce inventory while protecting against the risk of stock-outs. Key benefits include:

• Reducing asset down-time by increasing maintenance team efficiency
• Reducing working capital tied up in inventory
• Improving the effective management of stock
• Enabling all parts and service information to be found quickly and easily
• Providing accurate catalog descriptions and classifications

Asset intensive industries tend to focus more on the complex plants and equipment they use than the products they produce. Any interruption due to plant or equipment failure can result in lost production that may be unrecoverable. The enterprise asset management components of the ERP software are as important as material requirement planning components for a manufacturing organization. Asset-intensive ERP has been specifically designed to maximize asset productivity and help prevent equipment failure that can lead to lost revenue and safety and environmental risks. Key benefits include:

• Improving management of human resources and skilled labor
• More rigorous control of data collection for financial and managerial reporting
• More effective corporate governance and better transparency
• A more efficient supply chain that frees up capital tied up in inventory
• Improving availability of assets and reduced stock-outs of critical items

To improve strategic and tactical decision making, management need greater insight and visibility of all aspects of the operation – from the effectiveness of its staff to the performance of its plants and equipment. Ventyx Business Intelligence captures and aggregates rich data held across disparate software systems. Easily tailored for individual users or user groups, Ventyx Business Intelligence compiles the industry's best business practices into pre-packaged solutions to enable companies to more effectively monitor and manage their distributed assets on a real time, near-real time, and event-driven basis. Key benefits include:

• Prepackaged dashboards for high value KPIs such as asset health, work management, operations management, smart grid, and financials
• More timely and accurate reporting on the KPIs which matter most – working alongside your existing corporate BI strategy
• Improving decision making by capturing and aggregating the rich data held within software systems across the enterprise
• Better allocation of finite funding to generate the greatest return on investment
• Make costs and opportunities more accurate and visible throughout the organization, from line managers to executives
• Improving productivity and asset reliability by establishing baselines and best practices