Mining production accounting is an essential component of any metallurgical operation. Metals accounting is an integrated component of most efficient metallurgical plants and provides the diagnostic information required for making effective metallurgical decisions.
A robust metals accounting system or module provides valuable information about plant operations, recovery rates, plant mass balance and potential areas of material losses.
The system should improve the overall metallurgical mix, track the value of the mineral content throughout the production process, and monitor all the key performance indicators essential to the metallurgical mining operations.
The key functionality of metals accounting includes proper sampling and analysis procedures, control system integration (such as SCADA/PLC), plant parameters, mass balance and batch calculations and numbering, metals sales, and metals journals and assays with adjustment.
Furthermore, metals accounting should be able to deliver a contained metals’ result for a particular stream, using collected plant and laboratory data. Real-time data analysis improves the delivery of critical information concerning metals mining and production.
Microsoft Dynamics Ax Production Accounting Module 2 (PAM 2) is the second module within our Production Accounting Module software suite included in the xMMP (exploration, Mining and Metals Processing) platform. PAM 2 is used in processing plants and tracks the location and value of the commodity, essentially improving the visibility and control of the revenue generated from the plants’ output.
The integration with laboratory results and reporting features, including dispatch reports, is essential to close the loop between planning and execution and improves the reliable and timely information delivery to stakeholders and decision makers.
Generally, the various Production Accounting Modules (PAM) cover the entire process of mining operations, from underground to surface mining.
As part of Microsoft Dynamics, production accounting functionality is optimised through inter-connected modules.
Decision Inc. Immix’s software provides extensive exploration, Mining, and Mineral Process (xMMP) solutions for key mining requirements, including functionality required for nearly all of the Total Life of Mine (LOM) requirements.
Microsoft Dynamics serves as the platform for the xMMP product suite.
Decision Inc. Immix leverages the Microsoft Dynamics 365 technology to provide mining specific software across a variety of modules, including Production Accounting Modules (PAM).
Contact Decision Inc. Immix and speak to one of our experienced Microsoft Dynamics ERP consultants if you would like to see how an ERP system can help your business, and learn more about Dynamics AX OHS, its key functionalities, and key benefits.