a leading global provider of software and services for asset-intensive
industries, today announced a new agreement with Minerals Inc. (TSX:CSI), a development-stage mining company with an
exploratory gold and platinum project in Brazil. Under the agreement,
Colossus has licensed the Ellipse solution for Enterprise Asset Management (EAM) and
Enterprise Resource Planning (ERP) to maximize operational efficiency
during the exploratory stage of its flagship Pelada mining project. In addition to Mincom Ellipse, Colossus has
licensed LinkOne, a graphical content-delivery solution providing maintenance
workers with timely and accurate parts information to help reduce
equipment downtime and improve maintenance efficiency.
To quickly achieve return on investment, the company will implement
Mincom Ellipse leveraging the on-demand delivery model and other support
services provided by Mincom. Mincom′s managed-services offering can help
companies decrease total cost of ownership by speeding time to
deployment and reducing IT overhead, and achieve faster time-to-results
while minimizing risk. Mincom offers customers a fully managed solution
over their entire project lifecycle, implemented either on-premise or
fully hosted from Mincom′s data center to support the unique
requirements of remote mining operations.
'To support the development and growth of the Serra Pelada mining
project in Brazil, a robust and auditable enterprise solution ? with a
strong maintenance-planning module developed for the mining industry ?
was required. Colossus believes that Mincom Ellipse is the solution,?
said Steve Poad, chief financial officer, Colossus Minerals Inc.
Taking a phased approach to implementation, Colossus will initially
deploy Mincom applications for finance, as well as maintenance and
materials management. With Mincom Ellipse, mining companies such as
Colossus can manage the complete asset lifecycle of their capital
equipment, maximizing productivity and minimizing downtime. They can
also significantly reduce working capital by optimizing inventory
levels, thereby improving supplier management and streamlining
procurement processes.
'With 30 years of experience in asset-intensive industries, Mincom is
the only solutions provider that can help mining companies achieve true
"return on assets′ ? delivering a solution built around their unique
business needs to effectively plan, measure, monitor and improve asset
performance,? said Craig Jones, executive vice president, global field
operations at Mincom. 'And with our managed-services offering,
early-stage companies such as Colossus can leverage Mincom′s proven
solutions and best practices with faster time-to-results, fewer costs
and increased flexibility to scale as needed. We′re pleased we can offer
a turnkey solution to help Colossus advance toward full-scale
development and its goal of becoming Brazil′s next major precious-metals
producer.?
Ellipse is a fully integrated and mobile-enabled suite of
business-critical applications for asset-intensive industries, such as
mining, defense, energy, public infrastructure and transit. It improves
return on assets and workforce productivity, while also addressing the
challenges inherent in remote and geographically dispersed operations
that distinguish asset-heavy industries from corporate-office
environments.
LinkOne is a graphical content delivery solution that provides
correct and timely part information to maintenance staff, thereby
reducing equipment downtime and improving maintenance efficiency. A
world leader in graphical content management and distribution, Mincom
LinkOne has the unmatched power to link graphics with parts lists and
rich text to easily produce graphically supported electronic catalogs
and maintenance manuals.
Colossus is a minerals development company focused on the Serra Pelada
high?grade gold?platinum?palladium project in Para State of Brazil.
Between 1980 and 1986, Serra Pelada was host to the largest precious
metals rush in Latin American history. For more information, visit
Mincom Pty Ltd is a global software and services provider with nearly 30
years of experience in providing business solutions to companies in
asset-intensive industries, such as mining, defense, energy and public
infrastructure, in more than 40 countries around the world. Mincom
customers include Anglo American, Thales, Rio Tinto, BHP Billiton,
Boeing, National Grid, London Underground, Xstrata Copper, Western
Power, QBuild, BNSF Railway, EDF Energy, Caterpillar and Ecopetrol.
Mincom Inc. operates in North America and is a subsidiary of Mincom Pty
Ltd. Mincom is owned by Francisco Partners.
