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MINEMAN MEDIA RELEASES

March 2012
Phu Kham Copper mine goes live using MINEMAN

MINEMAN has gone live in Laos, in Thailand and in Australia for PanAust's Phu Kham copper mine. The new system manages the handling and sales of concentrates, and associated revenue financials.

PanAust is an Australia-based S&P/ASX 100 (ticker:PNA) copper and gold producer with operations in Southeast Asia. The Company has a portfolio of growth projects in Laos and Chile.

MINEMAN is the world's leading software and services solution for the commercial realization of caoncentrates and metals. The unique architecture of MINEMAN Release 7 is designed to streamline transactions in metal-bearing commodities and to maximise the value of a company's revenue stream.

The new system provides PanAust with a high level of control and transparency with regard to its marketing activities, and improved forward visibility for its revenue financials.

The project was implemented in record time by the MINEMAN project team in Australia and the MINEMAN implementation team in Bombay, India.

The new system is delivered over the internet, and operated by PanAust staff in Brisbane, Australia, the port of Sriracha, Thailand, the regional office in Vientiane, Laos, and the remote mine site in Laos.

 

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Vic 3205, AUSTRALIA
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