Computer Sciences Corporation (CSC) has implemented a Web-enabled legal asset register to enable mining giant Impala Platinum Holdings (Implats) to efficiently manage its contracts and mineral rights information.
The system recently became fully operational and it allows Implats` managers to find information about mineral and surface rights, prospecting permits, servitudes and agreements.
"Keeping track of this information in a paper environment is not only confusing and time-consuming, but there is an increased risk that a right could lapse due to an oversight, which could be costly," says Mark Austin, who heads the mining industry vertical for CSC in SA.
He says mining companies that proactively manage their mineral rights information are in a better position to adopt a long-term view on production, allowing them to deliver long-term benefits to their shareholders.
A year ago, BHP Billiton SA, a diversified resources company, in conjunction with CSC, developed a Web-enabled property and mineral rights information system and central contracts register. BHP Billiton, which holds the copyright to the system, then sold the rights to use the system to Implats.
Implats subsequently awarded a contract to CSC to modify the system to suit its particular requirements. These modifications were done remotely from CSC`s Cape Town office, which led to significant savings in implementation fees for Implats. On-going support and maintenance will also be done remotely from Cape Town.
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