MineMarket Functionality

• MineMarket Functionality
• • Inventory Management and Tracking
  • Transportation and Logistics
  • Sales and Marketing
  • Commodity Trading and Risk Management
  • Reporting

MineMarket provides comprehensive management of the mining value chain, combining material tracking, logistics management, complex sales and marketing, and commodity trading capabilities into a single solution. It ensures traceability throughout the mining value chain, covering transportation, material purchases and sales, invoicing, and trading. MineMarket facilitates informed decision-making through real-time monitoring of market fluctuations, profit and loss metrics, accurate transaction tracking; and offers maximum market transparency from initial execution to final settlement. Flexible and analytics-driven, MineMarket supports bulk commodities, precious metals, and base metals, including concentrates and discrete units. It can be used out of the box or tailored to match the specific needs of your mining operation, serving as a key risk management and profit optimisation tool.

Inventory Management and Tracking

MineMarket’s supply chain model enables users to track quality, quantity, and contributors from 'in situ' to shipment and beyond for both bulk and discrete units. MineMarket provides detailed 3D stockpile modelling and blend optimisation to support stockyard management and the production and demand planning capability links it all together.

Transportation and Logistics

MineMarket’s logistics capabilities include the modelling and scheduling of trucks, ships, trains, and barges, including a range of detailed features such as complex traffic handling, equipment and transport delay management, and ship line-up. MineMarket also enables the automatic recording of user-defined incidents to identify bottlenecks in production.

Sales and Marketing

MineMarket connects the mine to the customer through comprehensive management of complex contracts, including freight and service contracts. MineMarket’s robust sales and marketing capability also enables credit management, hedging, contract linking, settlement, tolling, and invoicing, all in one platform.

Commodity Trading and Risk Management

MineMarket supports deal capture for physical contracts, commodity and foreign exchange derivatives, as well as the logistics and financial processes (including mark-to-market accounting). MineMarket enables robust risk management through the allocation of hedge positions to logistics, and provides tools to view and manage risk.

Reporting

MineMarket provides a range of reporting functionality including standard KPI reports and audit reporting. Selected data can be viewed with third-party applications capable of consuming Open Data Protocol (OData) v4.0, such as Microsoft Power BI.