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The
Seven New Wonders of the Mining Industry
Vancouver
BC. - Mining involves taking a gamble. Miners bet on their experience, timing
and their geology skills to map a body of minerals deep in the ground and then
move heaven and earth to get to it - all the while praying they’re right.
More recently, though, before they start blasting, they’re mining data
first, thanks to Vancouver based Gemcom’s seven software applications that
target all phases of mine development. Traditionally,
data from the field would end up on a geologist’s desk. The advantage of
Gemcom software is that it draws on a database built up over 30 years and can
predict what the body probably looks like based on data from other mines and
similar geology. According
to Michelle Stone, senior geologist at Vancouver’s Capstone Mining Corp, “It
takes just a few hours now to do what used to take weeks in some cases. The
Cozamin mine has seen a 25-per-cent quarter-to-quarter jump in production as a
direct result of using Gemcom’s software.”
Mining is increasingly about managing data and extracting the
intelligence. It’s an expensive process and mining companies want to be able
to evaluate properties quickly and understand if they have a viable body or just
an outcrop that isn’t feasible to go after.
Gemcom
software is an invaluable tool in reducing that burn-to-earn period. Gemcom
Software International Inc. of Vancouver is the largest global supplier of
specialized mining productivity software. Gemcom’s seven software applications
assist with all phases of mining from development, to . nding locations, and to
managing a producing mine. Gemcom Facts: 18th consecutive profitable quarter.
All the financial analysts that cover Gemcom consider the company a
strong buy and have raised their target prices. .
Gemcom is a 22-year old growing global company headquartered in Vancouver. .
Gemcom brings together 2 of the biggest industries in BC: mining and technology. .
Gemcom is celebrating the 10-year anniversary of being listed on the TSX. .
Gemcom is annually listed in the Vancouver Sun’s TOP 100 companies. .
Gemcom was Company of the Year Runner up for the BCTIA Technology Impact Award. For
more information, or to set up an interview, call Fresh Strategy at 778.329.7340
or email craigfreshstrategy@shaw.ca.
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