Endeavour Silver Corporation, a mid-tier silver mining company operating underground mines in Mexico and Chile, has selected ARES PRISM project controls software for use on their Terronera Mine Project to reduce manual labor, standardize processes and workflows, and improve project data integration.
The Terronera Mine Project was acquired in 2010, and is located within Jalisco, Mexico. Per recent pre-feasibility studies, the Terronera site with its large amounts of silver and gold deposits has the potential to become Endeavour Silver’s next core asset and its largest and lowest cost mine. ARES PRISM project controls software has a heavily proven track record and is used vastly in the mining industry at more than 80 percent of the world’s top mining organizations.
“Our objective was to establish a centralized system that could be used from the beginning of the project to standardize processes and improve the flow of project data allowing for increased efficiency and better project delivery,” Andres Zavaleta, Project Management Consultant with Endeavour Silver, said. “ARES PRISM can fully integrate with our current ERP system to enable Endeavour Silver to create standardized 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, they 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.
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.
“We find that many project organizations are limited by data silos,” Geoffrey Stubson, CFO of ARES Project Management, said. “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.”