Resolute Mining Digitizes Business With IFS
IFS enterprise resource planning solution supports Resolute’s mission-critical business processes across Australia and Africa
London, August 14, 2019 – IFS, the global enterprise applications company, announces that Resolute Mining Limited, a multi-mine, low-cost gold producer, has completed the first phase of an IFS Applications™ enterprise resource planning (ERP) deployment to digitize and integrate its business operations.
The ERP deployment replaces a number of standalone information systems with a single, integrated, cloud-based system accessible from all of Resolute’s sites. Leveraging IFS's global deployment capabilities, the system services the company’s head office in Perth and gold mines in Australia and Africa.
IFS Applications now supports business processes across the organization, including finance, human capital management (HCM), enterprise asset management (EAM), supply chain, mobile work orders, projects and subcontracts, document management, and health, safety & environment.
A second phase of the deployment will integrate IFS Applications with mining production systems, including those controlling Resolute’s flagship Syama Gold Mine in Mali, the world’s first, purpose built, fully automated sub-level cave gold mine.
“Before implementation, Resolute evaluated a number of competing global ERP suppliers. We chose IFS because it was consistently strong across all the different areas, particularly enterprise asset management,” said Jodie Hatch, Chief Technology Officer at Resolute Mining Limited.
Consolidating business information in IFS Applications has created one version of the truth that is already leading to better reporting, more ready access to information, and significantly improved data quality and reliability.
Hatch continued, “In the long run, Resolute will realize significant efficiencies from IFS Applications. Previously, each site operated in its own way. Information processing was more manual and monthly and quarterly and year-end reporting was time consuming. With IFS it has become more automated and streamlined.”
Improved data quality will drive further efficiencies. Previously, for example, supplier data wasn’t consistent across different systems. “With greater accuracy we can improve reporting with IFS and leverage economies of scale for greater purchasing efficiencies,” concluded Hatch.
Warren Zietsman, IFS Sales Vice President and Managing Director, Australia and New Zealand, said, “Resolute is a great example of a mining company making strategic investments in technology to drive innovation and efficiency. We are proud Resolute has chosen IFS Applications to digitize and integrate its business operations and look forward to supporting its ongoing business transformation.”
About Resolute Mining Limited
Resolute is a successful, dividend paying gold miner with more than 30 years of experience as an explorer, developer and operator of gold mines in Australia and Africa which have produced more than 8 million ounces of gold. Resolute owns four gold mines. Its flagship asset is the world class Syama Gold Mine in Mali which can produce more than 300,000 ounces of gold per annum from existing processing infrastructure. Resolute is currently commissioning the world’s first fully automated underground mine at Syama which will deliver a low cost, large scale operation with a mine life beyond 2032. The Mako Gold Mine in Senegal is a high quality, low cost asset with average production of ~140,000 ounces of gold annually. The Ravenswood Gold Mine in Australia and the Bibiani Gold Mine in Ghana are large scale assets that provide Resolute with significant production growth potential. Resolute trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG. For more information, visit: rml.com.au
IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with a commitment to delivering value to every one of our customers, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 3,700 employees and growing ecosystem of partners support more than 10,000 customers around the world challenge the status quo and realize their competitive advantage. Learn more about how our enterprise software solutions can help your business today at IFS.com
Follow us on Twitter: @ifsworld
Visit the IFS Blog on technology, innovation and creativity: https://blog.ifs.com/