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MINEMAN MEDIA RELEASES

November 2011
 Newmont extends MINEMAN for all North American metal sales

Newmont has further expanded the use of MINEMAN to include the tracking and sales for all of Newmont's gold and silver production in North America.

Newmont is North America's largest gold producer and a leading gold producer globally with operations on five continents. MINEMAN is the world's leading software and services solution for the commercial realization of concentrates and metals.

Newmont's North American operations include 14 open-pit mines, four underground mines and 14 processing facilities. Centred on the historic region around Carlin, Nevada, these operations have been built up over many years. Today they amount to a highly complex set of metal accounting relationships between the sites and a similarly complex set of commercial obligations with the various royalty holders.

From November 2011 some 70 Newmont personnel will be using MINEMAN in North America for metal accounting and commercial realisation of all production and sales of copper, silver and gold.

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. MINEMAN will provide Newmont with a centralized and standardized platform to integrate and optimize Newmont's metal production globally.

 

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Vic 3205, AUSTRALIA
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