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MINEMAN MEDIA RELEASES

August 2010
MINEMAN Finance goes live at Inmet's operations in Turkey

Inmet Mining has now gone live with a second MINEMAN module, MINEMAN Finance.
 
MINEMAN Finance is being used used to manage the month-end financials, mark-to-market valuations and cashflow forecasting for base metal concentrates from the Cayeli operation in Turkey and elsewhere. MINEMAN Finance is also being used to upload journals and other financial data to Cayeli's new SAP installation.

Inmet is a Canadian-based global mining company that produces copper, zinc and gold. In addition to Cayeli in Turkey, Inmet's active operations include Las Cruces in Spain, and Ok Tedi in Papua New Guinea.

Ok Tedi has used MINEMAN Finance since 2001.

SAP is a leading provider of ERP solutions and services for business.

MINEMAN is a mission-critical software and services solution used by the mining and metals industries for product transportation, marketing and financials. MINEMAN is the world leader in this field. The MINEMAN Finance module is the only proven solution available in the world today that manages revenue financials for base metal concentrates.

The new MINEMAN Finance module for Inmet replaces a raft of Excel spreadsheets, manual checks and onerous and time consuming manipulations of data. The advanced system uses MINEMAN's new Release 7 technology and will give Inmet and Cayeli more certainly and control over their financial business processes.

MINEMAN is delivered to Inmet out of the MINEMAN global data centre in Sydney, Australia. Inmet staff operate MINEMAN from their administrative office in Ankara, from their Cayeli mining operation in Rize, Turkey, and from other worldwide locations

 

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