Integrated software offering reveals hard numbers, fast
Staff reporter, 1 August 2012
A LEADING US project cost management software product has been integrated with one of the mining industry’s most popular mine planning packages, creating what the integrator claims is the first mine design, scheduling, financial and productivity modelling program for project lifecycle planning.
CAE Mining, part of Canadian-based simulation training group CAE, says its collaboration with Arizona-headquartered Hard Dollar followed an extensive review of available PCM software.
Integration with the latest CAE Studio 5D Planner mine planning and scheduling product offered a means of instantly assessing financial implications of a design or scheduling change, CAE Mining’s director of marketing and product strategy, Dylan Webb said.
“Hard Dollar was clearly the right partner to help us achieve this ambitious goal,” Webb said.
“The decision to work with Hard Dollar was compelling given that a number of our existing clients are already using the solution.”
CAE claims the Hard Dollar integration with CAE Studio 5D Planner offers software users:
- A streamlined process for keeping project/life-of-mine budgets current due to constant changes in the mine plan and schedule.
- The ability to assess the direct relationship between budget dollars, productivity and the associated scope and schedule variables for a quick answer to the all-important question: “Where did you get that number?”
- The ability to quickly assess responses to ‘what if?’ scenarios across the mine plan, schedule and cost model.
“Hard Dollar’s purpose is to give our customers the confidence of providing true cost and productivity projections to each of their clients and projects,” said the US company’s CEO, Doug Nicholas.
“CAE Mining’s customers will now be able to establish a direct relationship between the budget, labor and the moving variables of the scope and schedule, empowering users to quickly answer their cost questions.”
Established in 1989, Hard Dollar sells PCM software in the mining, oil and gas, infrastructure and energy markets.
CAE Mining, established on the back of the former Datamine mining software business, develops and sells a range of exploration and mining software packages, and now mining simulator training products. The company says it also has a “technical consulting team of over 100 experienced geologists and mining engineers servicing customers in close to 100 countries”.
Also in the August 1 - 7, 2012 edition
- Heavy minerals increase at Guadalupito
- ASIA DESK
- Bellwether change in the air
- CENTRAL ASIA
- Frustration could end soon for Manas boss
- Market forgives Mongolian politics
- CHINA
- Chinese whispers confirm hard times
- COAL
- Celsius sets sizzling pace
- Draig notches up maiden resource
- COMMENT
- Resource rent taxation: damned by noble intentions
- CONSULTING
- ‘Australian’ market drifts offshore
- Back to front-end
- EDUCATION
- NAP apprentices ready early
- New learning paths for minors
- ENVIRONMENT
- Environment briefs: Gekko Systems, Orbite Aluminae
- EUROPE
- Carpathian forced to show patience
- EVENTS
- QME numbers read well for organiser
- Snowden photo comp winners announced
- The ‘flaw’ of averages in mine project evaluation
- Whyalla conference defies doom and gloom, plus updated Events Diary
- EXPLORATION
- Calling all interested parties
- FINANCE
- Carr now in Maudore driver’s seat
- Desperation stakes
- Nickel sunshine not far away
- FROM THE CAPITAL
- Graphite fad spurs June quarter stars
- GOLD
- Australia’s search for a gold champion
- Gold stands up in half year review
- INTERCEPTS
- Alcoa scores shale pipe contract
- All quiet on the Kroondal mine front
- AMMG acquires WA coal project
- Ampella bid to beat testing delays
- Anatolia names MD to lead Temrezli project
- AngloGold steps back from Gabon JVs
- Another upgrade for Northern Star’s Paulsens
- Atrum ties up BC coalfield
- Augusta wins state tick for Rosemont
- Australian exploration dollars fly overseas
- Awaruite, the new nickel?
- BHP takes a hit on nickel, shale values
- BrazIron names new MD
- Carbon tax an added burden for Boddington: Newmont
- Centamin workers end stoppage
- China paying more for lithium
- Coal mine accident kills worker
- Coal of Africa raises $US44M
- Coffey returns to growth pattern
- Colombian explorers join forces
- Condor secures Chilean acquisition
- Continental outlines first Botswana resource
- Diggers defend mates against political attacks
- Diggers shown a brighter side to world economy
- Diggers try to look beyond headlines
- Discovery seeks $65M for Botswana growth
- DRCongo approves Frontier mining licence
- ECT bids for ‘clean coal’ funding
- Endeavour Silver cashes up for acquisitions
- Endeavour Silver’s qtr profit halves
- Exterra gold resource grows 151%
- Falling prices threaten BEE share schemes
- Falling sales, prices hit Palabora profit
- First Uranium prepares for payouts
- FMG quiet on expansion beyond mid 2013
- Focus builds for the future at Laverton
- Fortescue lines up an extra $US1.5B
- Fox digs a new cash source
- Gascoyne eyes WA gold acquisition
- Gold Fields warning to miners
- Gold One has big plans for Ezulwini
- Intrepid confident it will get its mine back
- Iron Road raising $40M for Eyre project study
- JV battles won’t stop Sandpiper project: Minemakers
- Kincora welcomes new president and CEO
- Kingsgate targets 500,000oz in 2015
- Kinross Gold axes CEO
- Lawson plans a Saudi switch
- Legacy makes its Qld coal move
- Lower prices cut Xstrata profit by 31%
- Marathon targets Valentine Lake upgrade
- Marketer backs NSL’s Indian iron ore project
- Medusa review lifts Co-O resources
- Merger lifts Endeavour Mining to 300,000oz ranks
- Minbos increases Kanzi high grade phosphate
- Minerals demand to exceed production in 10 years
- Murchison’s first gold pour next week
- New drilling targets iron reserve by year end
- Newmont to walk on Solomons JV
- Nimbus to fly again
- Northam seeks funds for Bushveld project
- Notes conversion raises $11.3M for Cauldron
- Panoramic study supports Gidgee development
- Peninsula cranks up Wyoming uranium project
- Peru mine leads Xstrata in new era
- Predictive tightens its hold on Burkina Faso projects
- Prices, costs cut First Quantum profit
- Q4 lifts Northern Star to 57% profit jump
- Reg Nelson leaves Monax
- Rio backs China revival despite profit plunge
- SA Ferro concentrates on profit
- Silver Lake, Integra to merge
- Silver Lake/Integra merger a modern lesson
- Silver Wheaton backs HudBay’s new Peru mine
- Spending increases cut AngloGold profit
- Stellar maintains its Sierra Leone licence fight
- Study supports Arafura’s Nolans project ambitions
- Tahoe still on target
- Three die in S African mine invasion
- Trafford ups Gawler landholding
- Tropicana partners raise their sights
- Tyre monitor wins a place in SAfrican mine
- UGL wins $99M Jimblebar contract
- US investor buys into Kyrzyg alumina
- Venture’s big tin discovery
- Wah Nam shareholders vote on name change
- Whitehaven restructures for growth
- Xstrata awards mine power contract
- Xstrata okays $360M Australian zinc expansion
- MINING INTELLIGENCE
- Playing it safe
- MINING IT
- Technology drives Powder River Basin improvement
- PEOPLE
- Cather to guide Avocet through stormy seas
- Getting the most out of the current market
- People on the move: Snowden, IronClad, Nimrodel, IMX Resources, PanTerra Gold
- PROJECT WATCH
- Hillside the pick of the crop
- VIEW FROM THE WEST END
- Gone shopping
