Precious Metals Mining Solutions
Precious resources. Critical processes.
Ventyx understands that organizations in precious metals mining – including gold, silver, and platinum group metals – face unique challenges extracting valuable metals from ore.
Precious metals are usually present in extremely low concentrations. As a result, quality control of analytical data and correct sampling procedures are even more important than in other forms of mining for calculating credible ore reserves and identifying ore in the pit. Rarely does the mining operation have visual control of ore and waste.
With complex processing flowsheets, multiple phase transitions and long residence times, it is difficult to track and account for metal in the plant to understand and optimize plant performance.
Key Precious Metals Mining Challenges
Ventyx can help mining organizations address the following challenges:
- Metal accounting challenges – The scarcity and unreliability of measures and plant lag times make metal accounting time-consuming and often unrepeatable. A rigorous metal accounting solution adopting best practice approaches, such as AMIRA P754, addresses both of these challenges.
- Meeting regulations – Gold miners are increasingly subscribing to voluntary cyanide handling regulations to protect the health of workers and the environment. However, this requires additional monitoring in a number of areas of the operation.
- Tracking shipments, contracts and invoicing – Due to the high value of the products shipped it is essential to track them in a systematic and auditable way. The high values often result in complex contract conditions, such as assay exchange rules, which need to be tracked and managed too.
Precious Metals Mining Solutions
Increase the accuracy of mine planning while maximizing your ability to respond efficiently to changing conditions with our extensive geological modeling and mine design functionality.
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:
Improve quality while reducing sample turnaround times with automated analytical laboratory processes including sample registration, barcode label printing, worklist generation, on-line data capture, and transfer of results.
Ventyx provides a wide range of tools to help laboratories optimize their processes and ensure quality results. Key benefits include:
Proactively manage risk and facilitate timely and accurate recognition of revenue by streamlining metal accounts data processes with our complete production accounting solution.
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:
|Logistics, Sales and Marketing|
Optimize the tracking and logistics of mining products from their initial extraction, stockpiling, production, shipping and transportation to their eventual delivery to the customer while simplifying complex sales, marketing and invoicing processes.
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:
|Enterprise Asset Management (EAM)|
Maximize the performance of your physical assets over their entire lifecycle, ensuring asset availability and reliability while reducing operational costs and risk.
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:
|Mobile Work Management – Asset Service|
Improve workforce safety and productivity by delivering critical information to the technicians when they need it to make better informed decisions. Improve governance and reporting by capturing data at the point-of-performance, eliminating time-consuming paperwork and double data entry.
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.
Identify the optimal holdings of every stock item by analyzing its usage patterns and criticality with our intelligent, predictive software solutions. Or use our intuitive, graphical parts catalog to help you always find the right part, right away.
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:
|Asset-Intensive Enterprise Resource Planning (ERP)|
Asset intensive industries managing skilled workforces in remote and dangerous locations and capital-intensive commercial operations require specialist Enterprise Resource Planning (ERP) solutions focused on the unique challenges faced by asset intensive industries.
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:
|Business Intelligence & Analytics|
Make better decisions by capturing and aggregating the rich data held within software systems across your enterprise with pre-packaged analytical tools built on the KPIs which matter most.
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:
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Everything you need to become an expert on the mining industry.
- 2014 Ventyx Mining Insights Survey Results (Expert Series)
- Mining 2020: Profitably Reaching the End of this Decade in the Mining Sector (eBook)
- Bridging Functional Silos in Mining (Whitepaper)
- Metal Accounting Best Practice Checklist (Operational Excellence Guide)
- Ventyx Mobility: Unique Challenges of Asset Service (Whitepaper)
- Work Optimization in Mining (Interactive Tool)