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MINEMAN MEDIA RELEASES

July 2013
Goldcorp goes live with MINEMAN Bullion Trading System

Goldcorp has cut over to the MINEMAN Bullion Trading system to sell the gold and silver bullion produced from Goldcorp's mining operations in Canada, the USA, Mexico and Central & South America.
 
Goldcorp is one of the world’s fastest growing senior gold producers, with operations and development projects located in safe jurisdictions throughout the Americas. A Canadian company headquartered in Vancouver, British Columbia, Goldcorp employs more than 16,000 people worldwide. The Company is committed to responsible mining practices and is well positioned to deliver sustained, industry-leading growth and performance.
 
MINEMAN is the world's leading software and services solution for metal sales. 
 
The new MINEMAN Bullion Trading system tracks and accounts for every ounce of gold and silver produced by Goldcorp's mining operations, through the stages of gold refining, to transfers between metal accounts bullion sales to bullion banks. The system also determines the disbursements back each mine according to exacting rules surrounding the whole business process.
 
A sophisticated model of the end-to-end business process is maintained in real time allowing Goldcorp's traders to confidently execute trades and Goldcorp's management to have complete visibility and control over all aspects of its revenue stream.
 
MINEMAN Bullion Trading is delivered to Goldcorp's offices in various countries from MINEMAN’s global data centres in Sydney and London.
 
The MINEMAN Bullion Trading system is unique to the gold mining industry. It integrates with the MINEMAN Doré Management system to create a single solution for management of gold and silver at a high level of abstraction, for corporate planning and trading, and at a detailed level, for tracking of weights, assays, inventories and for group metal accounting and reconciliation.
 

 

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