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ERP for Mining: A Definitive Guide

Table of Contents

Component 1: Project Costing

Why It's Critical in Mining ERP

Mining companies must juggle multiple high-cost, long-cycle projects simultaneously — exploration, tenement management, development, production, shutdowns, capital works and expansion.

Whether it's exploration, haul road development, site rehabilitation, or plant expansion, every initiative requires precise cost control, reporting, accountability, and approval tracking. Without a structured project costing framework, mining organizations are flying blind — unable to foresee and prevent budget overruns, track CapEx vs OpEx, or justify returns on major investments.

A mining ERP must enable granular cost attribution by activity, location, AFE, or asset. This ensures accurate variance reporting, live budget tracking, and early warnings on potential blowouts — all critical in an industry where a single project misstep can jeopardize financial and operational KPIs.

PSA enables full-spectrum job costing inside Pronto Xi, separating CapEx from OpEx in real time, integrating directly with the general ledger, and giving finance, operations, and procurement a shared view of project financials. Work breakdown structures, contractor variations and transfer to fixed assets are all part of the workflow — eliminating spreadsheets, dual entry, and reconciliation headaches.

Put simply: effective job costing turns project data into strategic control — and in mining, that's money.

What PSA Delivers

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Multi Level Parent Child Relationships

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AFE Based Approval and Costing Structures

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CapEx and OpEx Separation

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Project Based Budgeting

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Multi-Dimensional Cost Tracking

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GL-Integrated Job Data

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Variation Management

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Live Cost-to-Complete Projections

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Detailed Work Breakdown Structure

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Aligns and Integrates with EPCs

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Capture and Capitalisation of Acquisition and Expenditure to Fixed Assets

Resources

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