Mining
Project cost management for the mining industry
The dynamics of the mining industry are changing with a focus on cost-effectiveness.
Cleopatra Enterprise is designed to help mining companies navigate the project controls challenges and opportunities in today's environment.
Improve Project Performance with Cleopatra Enterprise
Mining and metals projects are becoming increasingly complex. Based on a study of McKinsey, mining projects completed in the last 10 years shows an average overrun of 60%. These cost overruns are partly caused by factors such as mine project development time, increased equipment leads time and cycle driven commodity prices and lack of an advanced project cost management system.
The integrated solution Cleopatra can help you connect different disciplines of project cost management. Shared knowledge and data through the full mining project life cycle lead to continuously improving the performance of your mining project. Based on your needs and requirements, you can choose from a number of solutions in Cleopatra, like Cost Estimating, Cost Control, and Project Benchmarking.
All solutions are created with the purpose of enhancing your possibilities as a project professional. However, your organization might have needs that call for something out of the ordinary. For this reason, we have enabled the use of plugins in Cleopatra Enterprise which can give you the edge you need.
Spend time on things that matter
In mining industry, time is of the essence for project cost management. When your monthly report is approaching you do not want to waste valuable time gathering data to compile your report. With our smart importing capabilities, transferring data from your ERP system has never been this easy.
Company-specific business rules can be applied to accommodate an intelligent exchange of vital financial information. As a result, you now have more time to focus on the early warning signals appearing on your dashboard. With the Cost Management solution, you are always in control to make the best decisions as quickly as possible.
Explore Solutions
Sherritt Metals
Sherritt Metals started using Cleopatra several years ago, and here’s what they have to say about it: “Most programs appear to have the same functionality, but once we dug a little deeper, it became clear that we would have more work ahead of us with other systems. Getting the most accurate cost information with the least amount of work is something every company looks for. I recommend Cleopatra to anyone who wants to streamline the process and gain a competitive edge.”
BHP
BHP is a world-leading resources company. Using Cleopatra Enterprise, BHP has achieved a cost estimation process improvement and implemented benchmarking functionalities, resulting in significant time savings and support in critical business decision making.
Reduce cost overrun risks
The poor performance of large projects, due to CAPEX overruns are more a rule than an exception, especially in the mining industry.
Read the blog and find out how to reduce capital cost overrun risk.
Mining on-demand webinar
The mining industry is known for its volatility due to the cyclical nature of metal and mineral prices. With a possible new supercycle on its way, the industry will have to deal with unprecedented price increases and fierce competition.
Watch the webinar and discover how to overcome the challenges of a supercycle.
Learn more about Cleopatra Enterprise
Request a live demonstration and experience the benefits Cleopatra Enterprise can have for your organization.