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Eldorado Gold looks to ARES PRISM project controls software to optimise Lamaque

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Eldorado Gold’s Lamaque mine in Quebec, Canada, is set to implement ARES PRISM project controls software to help manage the underground operation.

The mine was seeking a project management tool to provide earned value management, process optimisation and accurate reporting, according to ARES PRISM.

Mehdi Bouanani, Projects and Construction Manager at Eldorado Gold Québec, said: “At Eldorado Gold Québec, we are always looking for innovations and tools to optimise our efficiency. The software ARES PRISM allows us to monitor our costs relating to our various projects closely. In addition, reports that show progress status and execution performance are useful. In general, the software meets our expectations very well.”

Eldorado Gold Québec selected Progesys, a project management firm located in Quebec, Canada, to implement ARES PRISM’s cost management software module, PRISM Cost. Progesys provided training for PRISM Cost users at Eldorado Gold and implemented the software on diverse pilot projects.

Kevin McAleese, Cost Control Specialist at Progesys, said: “By using ARES PRISM, the goal was to streamline the project control processes by centralising all data in one place, standardising and accelerating reporting, and improving the reliability and quality of the data. We implemented it conjointly with Eldorado Gold to make sure that the structure and the systems reflected their specific needs.”

With ARES PRISM, the mining organisation will be able to effectively manage the Lamaque Mine project’s budgeting, resource planning, change management, time-phasing, progress, and performance measurement, earned value management, and forecasting all in a single, central location, according to the software vendor.

Geoffrey Stubson, Chief Financial Officer of ARES Project Management LLC, said: “Eldorado Gold Québec clearly embodies its values of responsibility, integrity and accountability. ARES PRISM will help Eldorado further uphold these values by effectively managing project cost, optimising processes and providing accurate reporting.”

Lamaque began commercial production in March 2019 and is expected to mine and process more than 750,000 t of ore at an average gold grade of 6.6 g/t Au.

Endeavour Silver centralises, standardises Terronera process management with ARES PRISM

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Endeavour Silver has selected ARES PRISM project controls software for use on its Terronera silver project in Mexico to, ARES PRISM says, reduce manual labour, standardise processes and workflows, and improve project data integration.

Terronera was acquired in 2010, and, according to a recent pre-feasibility study, has the potential to produce around 3 Moz/y of silver and 33,000 oz/y of gold over an initial 10-year mine life.

ARES PRISM project controls software has a proven track record and is used throughout the mining industry at more than 80% of the world’s top mining organisations, the company claims.

Andres Zavaleta, Project Management Consultant with Endeavour Silver, said: “Our objective was to establish a centralised system that could be used from the beginning of the project to standardise processes and improve the flow of project data allowing for increased efficiency and better project delivery. ARES PRISM can fully integrate with our current ERP system to enable Endeavour Silver to create standardised workflows and processes.”

Endeavour Silver is implementing the full PRISM G2 software suite, which includes the cost management, engineering, contracts, procurement and field management modules. Alongside this, it will implement PRISM Docs and PRISM Dashboard.

“PRISM Docs will enable their teams to find, share and control business documents, while PRISM Dashboard will provide them a series of pre-designed dashboard views and reports for visually showing progress and performance information,” the company said.

Endeavour Silver has also elected to implement PRISM Go, a web-based extension that allows remote access into a project’s core data set and limited portal access for third-party contractors for project progression in a secure environment.

Geoffrey Stubson, CFO of ARES Project Management, said: “We find that many project organisations are limited by data silos. But in choosing to implement nearly the entire ARES PRISM project software suite, Endeavour Silver has taken a strong initiative to eliminate silos and get the most of their project data while saving time and costs developing the Terronera mine.”