VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/09/10 -- Gemcom Software International Inc., the largest global supplier of mining software solutions, today unveiled the latest release of its award-winning Gemcom InSite™ mine production management solution. This release gives mining operations the tools and real-time data needed to improve production management from the mine to final product. With InSite, mining operations are able to link production data, costs, and planned versus actual production. The result is greater efficiency, lower costs, and the ability to continuously improve performance of all processes, activities, and equipment.
"The mining industry has increased its emphasis to improving bottom-line results by maximising the value of their production assets and by reacting with greater agility to changes in commodity prices and the economy. InSite provides them with the tools and data needed to achieve these goals," said Allen Vaughn, executive vice president of Gemcom's enterprise business unit. "Every operation is unique, with different deposits, equipment, staff, and mine and plant configurations. We work closely with our clients to understand their mining value chain to deliver a solution that is matched to their needs. Today, InSite is used throughout the world, supporting these diverse commodities."
Key InSite benefits include:
-- Management of production from the mine, trucking, plant, stockpiling,
processing, to final product.
-- Identifying production and equipment problems that may otherwise remain
hidden.
-- Monitoring of equipment performance to eliminate bottlenecks and control
costs.
-- Improved alignment between planned and actual production.
-- A higher degree of confidence in production numbers and compliance of
systems through auditing, traceability, and data integrity.
-- Providing the catalyst for continuous improvement by empowering Plan-Do-
Check-Act decision making.
"Managing day-to-day operations requires tracking mass and grade throughout the operation and comparing this with planned production. It also necessitates equipment and operational issues to be readily identifiable so they can be dealt with quickly," said Charlie Forrest, product manager for Gemcom InSite. "Our InSite solution enables this by providing mining operations with powerful real-time alerts and analysis of all aspects of their operation, including stockpiles, equipment performance, operational systems, and material balance. The result is planned and actual production can be reconciled more effectively and the operation continuously improved."
Detecting early-stage performance deterioration in systems and processes on a real-time basis is critical to minimising downtime and avoiding failures along the critical path. In mining operations, equipment failures can lead to significant downtime and delays. InSite provides the data required to anticipate these issues and enable follow up action to keep production on track.
Establishing a clear and accurate view of what is happening at a mining operation begins with having a high degree of confidence in production data. InSite enables this through real-time integration of operational data and validation of material movements, activities, and surveys. This is further enhanced with a robust calculation engine that enables mass and grade changes to propagate to material movements and stockpiles, ensuring the most accurate view at all times. With mass and grade data that is fully auditable and traceable, data integrity and system compliance is assured.
Centerra Gold's Boroo mine, located in Mongolia, is home to one of the mining industry's most innovative uses of mine production management technology. Boroo employs InSite as a sustainable solution that enables it to better leverage the data produced at the mining operation.
"InSite manages our mine production from the pit, trucking, plant, stockpiling and heap leaching, all the way to final product. The ability to manage and analyse our stockpiles and equipment utilisation from crushed tonnes per hour to SAG mill utilisation provides timely, consolidated, and audited information to decision makers. InSite has improved our processes, taking them from days to hours," said Alex Petermann, chief mining engineer, Boroo Gold Co., Ltd. Centerra Gold Inc.
For more information about InSite and to read the full Centerra Gold customer success story, visit www.gemcomsoftware.com/insite.
About Gemcom
When mining companies seek to increase mine productivity, they turn to Gemcom for technology and services. The Company is home to world-renowned mining solutions like GEMS, Surpac, Minex, Whittle, and InSite and to industry thought-leaders who are pushing the boundaries of what's possible in mining. Established in 1985, Gemcom has a global reach delivering comprehensive solutions in all major mining centres in more than 90 countries. Every major mining company, including BHP Billiton, Codelco, De Beers, Newmont and Vale is a Gemcom client. Through a combination of organic growth and strategic acquisitions, the Company has become the largest global supplier of mining software solutions. For more information, visit www.gemcomsoftware.com.
Gemcom, the Gemcom logo and combinations thereof, and Gemcom InSite are trademarks of Gemcom Software International Inc.
Contacts:
Gemcom Software International Inc.
Mark Bese
Marketing Communications Manager
+1 604 684 6550 ext. 4481
mbese@gemcomsoftware.com
www.gemcomsoftware.com
