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  • Pages
  • Editions
01 Cover
02 Welcome Letter / Sections
03 Article & Interview Directory
04 Section 1: Introduction
05 Introduction to Mining in Ontario
06 Government of Ontario Interview
07 Ontario Mining Association (OMA) Interview
08 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Interview
09 Navigating Uncertainty
10 Ormston List Frawley LLP Interview
11 PDAC Interview
12 Section 2: Production and Development in Ontario
13 Production in Ontario
14 Map of Ontario Mines
15 Newmont Interview
16 Barrick Gold Interview
17 Wesdome Gold Mines Interview
18 Alamos Gold Interview
19 Evolution Mining Interview
20 A New Wave of Ontario Gold Mines
21 Argonaut Gold Interview
22 Equinox Gold Interview
23 Industry Thoughts: Production and Development in Ontario
24 Section 3: Mining Finance
25 Mining Finance and Investment
26 Insights from the Toronto Stock Exchange
27 PearTree Securities Interview
28 Triple Flag Interview
29 Red Cloud Securities Interview
30 IBK Capital Interview
31 Stifel Interview
32 Roth Canada Interview
33 Industry Thoughts: Mining Finance Trends
34 Section 4: Toronto's Global Reach
35 Toronto’s Global Reach
36 Toronto's Global Reach Map
37 Rupert Resources Interview
38 Eloro Resources Interview
39 Industry Thoughts: Global Operations Based in Ontario
40 Eyes on Latin America
41 Torex Gold Resources Interview
42 Minera Alamos Interview
43 Sable Resources Interview
44 Section 5: Junior Exploration
45 Junior Exploration
46 Great Bear Resources Interview
47 Exploring Across Canada
48 O3 Mining Interview
49 Purepoint Uranium Group Interview
50 ALX Resources Interview
51 Industry Thoughts: Gold Juniors Have Their Say
52 Gold Juniors Replacing Depleting Resources
53 Moneta Gold Interview
54 Goldshore Resources Interview
55 Galleon Gold Interview
56 Element79 Gold Interview
57 Signature Resources Interview
58 Section 6: ESG and the Battery Materials Supply Chain
59 Transition Metals on the Rise
60 Conquest Resources Interview
61 Generation Mining Interview
62 Inventus Mining Interview
63 Noble Mineral Exploration Interview
64 The Move to Combat Climate Change Gathers Pace
65 Insights from Onyen Corporation
66 Thorn Associates Interview
67 Leading the Charge
68 Electra Battery Materials Interview
69 Frontier Lithium Interview
70 Industry Thoughts: Entering The Transition Economy
71 The Battery Material Supply Chain
72 ION Energy Interview
73 Clean Air Metals Interview
74 Section 7: Services, Technology and Innovation
75 Engineering, Construction & Consultancies
76 Ausenco Interview
77 Cementation Americas Interview
78 PCL Construction Interview
79 Redpath Mining Interview
80 Technological Advancements & Innovation
81 Industry Thoughts: Canadian Associations
82 EY Interview
83 Maestro Digital Mine Interview
84 Centric Mining Systems Interview
85 Industry Thoughts: OEMs Have Their Say
86 Drone Delivery Canada Interview
87 Sofvie Interview
88 Novamera Interview
89 Industry Thoughts: Paving the Way for ESG Reporting
90 Section 8: Company Profiles
91 Wesdome Company Profile
92 ION Energy Company Profile
93 PearTree Securities Company Profile
94 Ormston List Frawley Company Profile
95 Maestro Digital Mine Company Profile
96 Sofvie Company Profile
97 Credits

Chris Novak, CEO,

CENTRIC MINING SYSTEMS

"We see Centric’s work with Perseus Mining as a real success, and therefore, an excellent opportunity for a case study as to how a small and mid-size producer saw value in data-driven decision support and executed with us."

What are the details regarding the acquisition of Centric Mining Systems by Datamine, and what does it mean for Centric from an operational standpoint?

There were converging interests in our vision to deliver solutions to the mining industry focused on knowledge management and innovation. Datamine has been in acquisition mode over the last few years, looking for partners that fit their strategic vision to join their team. They saw Centric Mining Systems as a real growth opportunity. Being part of the Datamine group will also provide long-term benefits for Centric, our staff and customers. We have the opportunity to strengthen and grow our business by leveraging resources, including an office network across 20 countries and profound software and mining expertise. Datamine and Centric also shared a vision for a series of highly integrated solutions that would deliver an enterprise-scale, full-service mine information management framework. There is much focus on increasing our market share in traditional markets. However, with Datamine, there is now a focus on South America, Africa and even the Far East and Russia.

Could you provide an overview of Centric’s case study with Perseus Mining?

Perseus is a company we started speaking to a few years ago when they started off as a junior. I thought they had a very progressive outlook in terms of wanting to operate based on data, not just on instinct, while being highly integrated to head office. The leadership team understood that as the company continued to grow, it would require sustainable, scalable processes to be a high functioning, streamlined business that could react quickly and make effective decisions. That aligned with Centric’s mission, so we began to deploy across their mines, replacing a lot of inefficient and inaccurate processes around data collection and decision making. In a short period of time, we proved to Perseus that you could have a better-run business using data-driven decision-making processes. With success at the first site under our belt, we moved to the following two sites, increased the amount of information collected, and integrated the head office in Perth into that information management framework. We see it as a real success, and therefore, an excellent opportunity for a case study as to how a small and mid-size producer saw value in data-driven decision support and executed with us.

How can technology providers convince mining management teams and operators of the benefits of new solutions?

The mining industry is interesting. When we go through low metal prices, or just moderate metal prices, the reaction is almost always that there is no money for innovation. When prices go up and demand goes up, then the attitude is that there is no time to innovate. So, I think the answer links back to having case studies. Mining is traditionally an information management space, not a space for thought leadership. They are skeptical, so they need proof, as we did with Perseus to demonstrate success. The more of these wins we can present to the industry, the more we will, slowly but surely, see adoption rates increasing.

Are there any main themes revolving around the industry and what you would like to achieve in 2022?

The predominant theme we are seeing is getting value from data. In the same way ESG has made a key appearance, there is a real trend towards analytics, something we have been talking about for a couple of years now. As we look forward, we have a long road and a bright future with the adoption of cloud applications, and we continue to upgrade and enhance the Centric Mine Information Management Platform. Our goal is essentially to do a case study on every one of our customers, to publish their success so that people can see the benefits of this strategy. And, of course, we will be leveraging our Datamine partnership. We have a fantastic relationship with all the Datamine partners, with a range of operating companies and products within the Datamine organization.

Next:

Industry Thoughts: OEMs Have Their Say