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2008 OCT 7 - (NewsRx.com) -- Mincom, a leading global software and services provider to asset-intensive industries, has extended its global footprint by focusing its efforts in the Commonwealth of Independent States (CIS), which includes emerging markets like Russia and Kazakhstan, and has delivered solutions to the top three mining companies in Russia.
Allen Vaughn, executive vice president - global mining, Mincom, said, "Mincom understands that western technology is needed in the CIS to enable these markets to compete globally. At the same time the technology needs to fit the local market." Mr. Vaughn continued, "Mincom recognized this need and has localized its products to meet the requirements of this unique region, including developing software in different languages and working closely with business experts in Russia and Kazakhstan to ensure that its products meet local legislation requirements."
In April 2008, Mincom signed its first Mincom Ellipse customer in Kazakhstan, JV Inkai (a joint venture between Cameco and the Kazakh government) in a multi-million dollar software and services deal. The project is providing the joint venture with the business backbone for its new in situ recovery uranium mine.
Vaughn said, "This is significant for Mincom as it extends our footprint in Central Asia. We have expertise and many years experience working in this part of the world but this is our first customer in Kazakhstan. The project is unique in its use of dual language, Russian and English and the system is designed to meet Sarbanes Oxley (SOX) compliance requirements."
Norilsk Nickel, the largest mining and metallurgical company in Russia and one of the world's largest producers of precious and nonferrous metals, is also a strategic partner of Mincom and through this partnership has progressively implemented the Mincom Ellipse system.
During the past three and a half years a number of large projects have been successfully carried out including the implementation of a maintenance management system for mobile mining equipment in all of Norilsk's Polar Division mines and an asset management module at the Taymyrsky and Oktjabrsky mines.
The solutions developed during these projects will help Norilsk to carry out a full implementation of the Mincom Ellipse system over the next three years.
Norilsk is the largest user of Mincom MineScape in Russia. Its Oktjabrsky mine, the biggest European multi-metal mine, has been using an integrated solution of Mincom MineScape for geological modeling and mine planning since 2005.
Implementation of this solution is planned for all of Norilsk's Polar Division mines. Enhancements to the existing system have been made in collaboration to meet the requirements of Russian legislation, receiving certification from RosTechNadzor for use in Norilsk's mines.
In November 2005, Mincom was awarded the prestigious annual "DARIN-2005" Award by the Russian Academy of Business and the Russian Union of Industrialists and Entrepreneurs. The accolade recognized Mincom's commitment to the development of constructive relations between Russia and the western community.
To reflect its focus in the Russian mining market, Mincom has three offices in Russia in Moscow, St. Petersburg and Norilsk.
Mincom is committed to making its customers world-class and competitive internationally and will soon begin work with clients in the Ukraine, Uzbekistan, Kirghizia and other CIS countries.
Mincom Ellipse is a fully integrated enterprise asset management application suite providing complete visibility and management of assets to capital-intensive industries of mining, utilities, defense, transportation, and government.
Mincom Ellipse enables best practice in the management of assets, work logistics, financials and human resources, enabling asset-intensive organizations to respond faster and make better decisions that directly impact the bottom line.
Mincom MineScape is a suite of integrated solutions designed for open cut and underground mining operations for coal and metalliferous deposits. It delivers extensive geological modelling and mine design functionality, and is in use by more than 200 of the world's most complex mining operations, making it the leading mine planning solution globally.
Mincom has an unparalleled depth of experience delivering mining solutions worldwide. Its industry specialists have on average 15 years experience working with mining organizations. They work hand in hand with customers, from initial implementation through to ongoing support, ensuring maximum return on investment.
This article was prepared by Science Letter editors from staff and other reports.
Copyright 2008, Science Letter via NewsRx.com.
07.10.2008 Source: Science Letter
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