Solutions for mining
With so many assets, teams and moving parts in mining, every piece of data you put together can show patterns, deliver insights and enable accurate forecasts.
How can you use real-time data and analysis for more efficient production, streamlined operations and worker safety?
Solutions for mining
Mining businesses are often viable only when commodity prices remain favourable. However, a lot of factors remain in the miner’s direct control.
To succeed, you need to have the right solution to enable planning and forecasting at the appropriate level of detail and accuracy. This should not only accommodate annual budgets and rolling forecasts, but also include operational and life of mine plans which may extend out multiple decades.Â
Managing and updating key assumptions, planning appropriately for physicals and stockpiles, and keeping a close eye on forecasted cash costs across multiple scenarios is critical. Without the right tools, planning for mining can be especially challenging.
As a finance leader in your mining business, how can you keep your finger on the pulse and steer key stakeholders through important decisions with sound financial governance?
The array of expensive assets needed to run a mine require routine maintenance both physically, but also electronically, within the systems that monitor and track their activity.
When data about service intervals or load capacities is consistent across the organisation, everyone can make critical evidence-based decisions using the same information.
With the right technology, you can obtain equipment details from a vast array of disconnected systems and bring the best representation of it together in one place, thus improving accuracy and trust in both the operational and analytical systems you use.
Some of our mining clients
How did a leading mining company extract value and reduce risk?
With a heavy dependence on Excel spreadsheets for reporting and budgeting, it was difficult for IGO’s finance team to improve their processes. Learn what they did to:
- Reduce month-end consolidation from days to minutes
- Increase accuracy and confidence in their numbers
- Â Provide meaningful analysis as a strategic business partner
At QMetrix our solutions empower you to operate with the agility needed in today’s business environment. We work together to deliver the right outcome for your unique mining company.
Discover how we work with mining organisations
Office of finance, it’s time to go from spreadsheets to strategy.
The value of the Golden Record and mastering your data
After experiencing disparate data and discrepancies between systems, learn how this energy company achieved:
- More than 5,000 hours per year saved through reduced effort to remediate data
- Millions in cost savings for the business and better management of expensive assets
- Better handover of asset data from development to operations, leading to improved production reporting
Industry Insights
10 Challenges for Life of Mine planning in Excel
Excel has its purpose in the planning process, but when modelling Life of Mine plans there are unique challenges. What are these challenges and how can the mining industry solve this?
9 Steps to getting started with Master Data Management (MDM)
Trying to make sense of a complex enterprise information landscape? Here are 9 practical steps to help your organisation move forward.
9 Reasons why finance teams are choosing planning and reporting CPM software over Excel
Here are the 9 most common pitfalls we have encountered with Excel models – and how they can be overcome with a budgeting and planning CPM software solution.