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March 2013
MINEMAN releases new Bullion Trading System

MINEMAN Systems has released a new system for the trading of gold and silver bullion.

The system is unique to the gold mining industry. It integrates the physicals from the mines and refineries together with the transactions from clearing and trading accounts, plus the related transfer pricing and treasury activities. It is a complete solution for gold mining companies that up until now have relied on a mixture of add-hoc spreadsheets and software of narrow and limited functionality. 

Companies using MINEMAN Bullion Trading can increase their profits and reduce their risk using this new system. Every ounce of metal is tracked and accounted for. The parent company and it's mines also benefit from a common and standarised organisional framework.

A sophisticated model of the whole business is maintained in real time, allowing traders to confidently execute trades well into the future.

MINEMAN Bullion Trading integrates with MINEMAN Dore Management, which together create a single system for managing gold and silver, at both a high level of abstraction for corporate planning and trading, and the detailed level for tracking of weights, assays, metal balances, reconciliations and efficiencies.

MINEMAN is the world's leading software and services solution for metal sales. It streamlines transactions and improves a company's revenue stream. MINEMAN also carries out research and development into standards for metal sales and brings those standards to the mining industry in cooperation with it's clients.


MINEMAN Bullion Trading is available now, for gold mining companies and bullion traders seeking to streamline and standardise their business model and increase their profitabillty.


 

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MINEMAN Systems
2 Eastern Road, South Melbourne,
Vic 3205, AUSTRALIA
Phone: +61 3 9699 7200 

 
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10th Floor,
100 West Liberty Street,
Reno, Nevada 89501
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MINEMAN Systems PTE. LTD.

30 Cecil Street, #19-08
Prudential Tower, Singapore 049712
Phone: +65 6817 9988 Ext: 2003