Caprivi Solutions has announced the general availability of CapEx360® for Mining, a purpose-built capital governance platform for mining organisations managing capital across multiple sites, assets and life-of-mine planning horizons.
The platform connects the full capital lifecycle, from business case and AFE approval to execution tracking, forecast management and post-investment review, within a single governed environment, the company explains. It is designed for mining environments where capital decisions carry operational, environmental and financial impact, and where governance must remain intact across exploration, development and sustaining capital.
Fabio Casti, Principal of Caprivi Solutions, said: “I started as a mining engineer in South Africa, where I learned first-hand how critical capital investments are to a company’s success. Years later, I kept seeing the same gap: mining companies using world-class technology to extract ore, but managing billions of dollars in capital investments through spreadsheets, emails and disconnected systems. CapEx360 for Mining was built to close that gap.”
CapEx360 for Mining’s product development is informed by George Topping, Senior Mining Advisor to the CapEx360 for Mining research and development team. Following an operational career in mining, Topping spent more than 25 years in the Canadian capital markets covering mining equities, holding senior roles most recently at iA Capital Markets.
CapEx360 for Mining has been deployed at enterprise scale across global mining operations, with implementations completed in under five months, Caprivi says.
“One enterprise deployment replaced legacy AFE and exploration justification systems, unifying growth, sustaining and exploration capital governance on a single platform across multiple international sites,” the company said. “The implementation delivered standardised AFE workflows and a unified capital lifecycle structure aligned with JD Edwards and OneStream financial systems, including Statistics Canada regulatory reporting requirements. The global rollout was completed on schedule in 4.5 months.”
A second enterprise deployment, at ASX-listed mining services contractor Macmahon Holdings, replaced manual spreadsheet-based capital tracking across the company’s portfolio. The implementation reduced the capital expenditure approval cycle from five to six weeks to under one week.
Macmahon Holdings said in a customer statement: “CapEx360 has eliminated our manual spreadsheet tracking process. Our people love it, and we are already seeing benefits.”
CapEx360 for Mining supports the full capital lifecycle across six functional areas, from life-of-mine planning and AFE governance to ESG integration, regulatory reporting, ERP financial lineage and post-investment accountability, the company says.