Software provider Mincom this morning announced a three-year, multi-million dollar deal with Newcrest to provide the Mincom Production Accounting (MPA) application.
Newcrest will use the MPA application as part of its Mining Systems program, which aims to simplify technical-mining information and processes by standardising the information systems.
The company hopes this will lead to new opportunities to improve metal extraction and gold recovery.
The MPA system will make use of the AMIRA P754-adherent accounting processes.
“Around the world, mining companies are under pressure to further improve corporate governance, as it relates to metal accounting, and to improve the transparency, reliability and accuracy of the reporting process,” said Mincom vice president of global mining solutions John Jessop.
“Mincom has a long and deep history with the AMIRA code of practice for metallurgical accounting, as our consultants contributed significantly to both the development of the code and the implementation manual.
“We feel this uniquely positions us to implement metal accounting best practices and standardised business processes.
“We look forward to extending this knowledge to Newcrest.”
The application will give Newcrest the ability to take on production data from various sources and track it in complete production-accounting solution.
The gold mining giant recently implemented Mincom’s CCLAS laboratory-management system.
This will be integrated with the new systems to provide accounting of assay and lab work.