MineMarket 

MineMarket provides real-time enterprise visibility across the entire product and logistics process, from ore extraction to product delivery, and through to the fulfilment of contracts. It manages a range of scenarios to deal with ever-changing market conditions to ultimately optimise contract fulfilment and revenues. MineMarket also provides comprehensive and integrated coverage of the logistics and sales processes for mining and mineral producers and commodity traders. 

Level 10, 167 Eagle Street Brisbane, QLD, 4000 Australia

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MineMarket Functionalities

Through connecting operational data and its relationships from mine to customer, MineMarket maximises commercial outcomes by optimising logistics, charting the impact of sales, and tracking and identifying operational bottlenecks. MineMarket minimises delays in data collection, ensuring the same data is visible across the organisation, which facilitates analysis, adjustment and reconciliation.

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Established in 1981, Datamine is the leading industry's provider of mining technologies and services - offering solutions to every stage of mining.

Track of ore, concentrate, and product inventory across the entire supply chain.

Comprehensive insights into the impact of commercial transactions across the supply chain.

Material specifications of invoicing, stockpile inventory management and deviation management.

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Complete Mine-to-Market Solution

Optimised transport and logistics throughput.

Management of product blend, contract quality and fulfilment.

Automatic adjusting of stockpile quality.

Inventory Management & 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.

Sales & Marketing

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

Transportation & Logistics

A wide range of 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.

Adam explains how MineMarket is the only solution specifically designed to address the supply chain challenges faced by the mining industry.  

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MineMarket helps producers save over $3M per year by reducing demurrage penalties.

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Commodity Trading & Risk Management

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

Reporting

There are a wide range of reporting functions including standard KPI reports, audit reporting and configurable dashboards.

Related Software

Production Accounting

Production Accounting is an off-the-shelf, web-based solution designed for mining, mineral processing, smelting and refining operations that is compatible with MineMarket to provide the most seamless and complete supply chain model. The solution addresses key production accounting challenges by providing the ability to take on production data from various sources such as assay data and moisture content from laboratory information management systems and mass from weight-o-meters and weighbridges.

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Industry Challenges

Within many mining organisations, the use of spreadsheets and disparate systems has led to inconsistent processes and conflicting information. This can lead to time wasting disputes, incorrect decisions, errors, and a high IT overhead. 

Data from all points of the supply chain, through to details of contracts, invoices, and payments, tend to be owned by individuals within the organisation. 

In order to meet the demands of complex contracts and manage sophisticated logistics, it is crucial to consolidate and manage the relationships of operational data, as well as make it visible and accessible to all stakeholders within the organisation. Mining companies are also increasingly subject to both internal and external scrutiny, so it’s critical to be able to track and verify commercial data trails.

Islands of Information

MineMarket provides the broadest coverage for managing the mining value chain by combining comprehensive material tracking, logistics management, and complex sales and marketing capability into a single solution. 

Through connecting operational data and its relationships from mine to customer, MineMarket maximises commercial outcomes by optimising logistics, charting the impact of sales, and tracking and identifying operational bottlenecks. It successfully minimises delays in data collection, ensuring the same data is visible across the organisation, facilitating analysis, adjustment and reconciliation. 

MineMarket can be used in conjunction with other business systems, integrates seamlessly with other Datamine products, and provides sophisticated reporting and web service integration capabilities.

MineMarket Solution

From Mine-To-Market

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