Increase the reliability and validity of your metal accounting data Increase the reliability and validity of your metal accounting data Increased demand for corporate governance and more stringent regulatory requirements have created a need to improve processes and practices. More than ever before, organisations need to reduce the risk in the numbers they report. Many metals and minerals organisations continue to rely on non-transparent and un-auditable manual systems to report on grade, metal content and production data used in financial reporting. The process to report on metal content can be complex and time-consuming. There are monthly and quarterly reporting timeframes to be met. Data needs to be collected across the plant from stockpiled inventory, processes such as flotation and content in tailings, as well as many other data sources. Even with relatively low commodity prices, the value of metals in production is often significant. The minerals industry has realised the importance of improving regulatory reporting by collaborating with AMIRA to form the P754 Code. Organisations are aligning their metal accounting reporting to be compliant with this standard. The information collected by an AMIRA P754 compliant system is of suitable quality to be also beneficial for ongoing operational improvement such as identifying inefficiencies, reducing operating costs and optimising production. The importance of metal accounting and reporting extends across the plant from operations, metallurgy to accounting. These areas all have a vested interest in accessing the same data and working from one version of the truth. Automated and Integrated Processes Historian Regulatory Compliance and Processes Financial Reporting and Statutory Due Diligence LIMS ERP Scales SCADA Mass Balance Collect Data, Perform Mathematical Exact Balance and Create Information Act Plan Check Do Continuous Improvement Analysing Information How Plant Metal Accounting is used across an organisation Crushing Grinding Laboratory Flotation To Refinery and Smelter Concentrate Tailings Plant Metal Accounting for Metallurgists Plant Metal Accounting for Production/Operations Metallurgists are concerned about the percentage of metals contained in tonnage and they are required to predict the quality of recovery. They have a high expectation on the type of security available around the storage of data, including who can access the information and the audit trail. They are required to account for discrepancies between actual and estimated production and mineral reserves and resources. They need this information to be easily available. Plant and Operational Managers are required to provide data that helps identify discrepancies in the recovery. This information is often readily available from manufacturing operation software and reports. Discrepancy data is also used to identify problems such as bottlenecks and slow running machines. Plant Metal Accounting for IT Corporate IT teams are required to find solutions that address users’ requirements and fit holistically within the enterprise architecture. They need solutions that reduce integration, are scalable, and productised in order to deliver a low TCO. Plant Metal Accounting for Executives Executive officers of mining companies are accountable for the numbers produced and reported in financial and other reports. They need reliability, accuracy but above all transparency and auditability of reported numbers. Ampla Plant Metal Accounting Reduce data overlap by up to 70% Solutions that identify cost savings and increase data reliability > Ampla’s solution has been designed to address growing requirements for transparency, auditability, accuracy and timeliness of production data in the metals and minerals industry. Reduce data overlap by up to 70% Ampla’s Plant Metal Accounting solution is part of its broader operations management offering. By combining the two solutions, around 70% of the data required for metal accounting reporting is collected by the operations management function. This delivers significant cost savings, reduces software integration and increases data reliability. > Ampla’s Plant Metal Accounting solution is based on: • Data Management • Measuring Saleable Product • Metal Balancing • Reporting Ampla’s Plant Metal Accounting solution focuses on both the metal and mass content, by collecting analytical data to meet requirements for Metallurgists, Operations, IT and Executive Officers. Ampla’s explicit process model provides functionality to collect production inputs and outputs across the entire minerals and metals process. Using standard functionality, Ampla collects production and quality data at all stages from crushing, grinding, flotation, leaching, smelting and refining. Whilst concentrating on the quality and grade of the metal content, as well as stockpiled inventory and work-in-progress, Ampla provides a range of data that can be used for regulatory compliance and financial reporting. Ampla’s strength in security and auditing means the quality of data produced is credible, transparent, validated and auditable. Ampla’s Plant Metal Accounting reports are used for reconciliation and financial reporting requirements. Ampla delivers such data and reports to ERP and other systems using standard connectivity options. Ampla’s master data synchronisation functionality also ensures data quality, by delivering clear and defined naming conventions across multiple applications. Data Management: The quality of data is paramount to metal accounting reporting, which is why Ampla collects its data in an efficient, secure and reliable way. Production data (used for mass measurement) and laboratory data (for example, analyses) is collected and integrated into a single user interface. Using its native connector architecture, Ampla acquires data from various plant systems such as SCADA, Plant Historians, LIMS systems or other third-party databases. Measuring Saleable Product Building upon AMIRA p754’s principles of a “Check in-Check out System” (where all streams, into and out of the process, are measured, sampled and analysed), Ampla automatically and accurately establishes the mass of the material or component present at a specific time; and the mass flow of that component over a defined time period. Ampla then breaks down the measurement of materials into two components: ò Its mass, Ampla automatically captures data from its Inventory functionality which allows for manual adjustments, stock takes, transient inventory and long-term process inventories; ò Its metal content, by using the Quality functionality, Ampla automatically captures data from in-line analysers and laboratory information systems. It also caters for default values, partial analysis and re-analysis. Metal Balancing With a requirement to produce metal accounting to an “accounting standard” there is a need to apply accuracy, integrity, security and auditability on the information relating to the flow and transfer of materials and their contained metals. Ampla achieves this requirement by ensuring all source data is traceable and changes to data must be authorised and recorded. Ampla’s role-based security focuses on defined roles and permissions to allow the right people, the right access, to the right data. Reporting After collecting all the required mass and metal data, Ampla’s reporting functionality generates standard reports over various time frames and accounting periods. As not all data is final and is likely to change, Ampla receives updated data from the laboratory system and makes the required adjustments, keeping a history of all changes. It never deletes the data, so it is possible to review all values that a sample ever had. Ampla’s Plant Metal Accounting Solution was designed to handle the month-end reporting process, including managing provisional and final data. Ampla locks data at the end of the reporting period. Any changes that occur after such point, appear in the next accounting period as carry-over adjustments. Operators and users can still view the most up-to-date data. Ampla reports deliver a summary of information of material, broken down into saleable product, at the end of the last accounting period and covers: Reconciliation ò Opening Balance Within the process there will be uncertainties with measurements, samplings and analytics. Ampla manages the differences, between the net input and output of the process, by treating the imbalance as an unaccounted gain or loss. ò Inputs To manage the imbalances, Ampla provides both manual and automatic reconciliation. For automatic reconciliation, performing adjustments on a mathematical exact balance, Ampla seamlessly integrates with specialist third-party vendors who perform the statistical analysis from the raw measurements Ampla provides. In return, Ampla receives the corrected values. Manual adjustments can only be made by those granted access using Ampla’s security model. ò Outputs ò Closing Balance The reports highlight inconsistencies and problem areas in the reported data and includes tonnage and analysis figures for all Plant Metal Accounting streams. It also reports comparison of performance figures against key performance indicators and variance from the operating budget or business plan. In addition to accounting requirements, the reports contain information used for diagnosing plant operating problems and for future production planning and project evaluation. Schneider Electric Industries S.A.S Head Office 35 rue Joseph Monier 92500 Rueil-Malmaison www.schneider-electric.com Ref. AmplaPMA032009 As standards, specifications and designs change from time to time, please ask for confirmation of the information given in this publication. Design: Schneider Electric Industries S.A.S Photos:Schneider Electric Industries S.A.S 03/2009