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Thiess Mining, Operator of One of the World's Largest Mining Fleets, Deploys Adaptive Discovery to Gain Enterprise Scale Analytics
Leverages data visualization and analytics to achieve roi in first week of deployment.
PALO ALTO, CA--(Marketwired - Oct 21, 2013) - Adaptive Planning , the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes, today announced that Thiess , one of the world's largest open-cut mining contractors, has implemented Adaptive Planning's visual analytics and data visualization solution, Adaptive Discovery, to improve operational metrics and business performance.
With projects across Australia, 3,000 employees in Mining Services and a $2 billion plant and equipment fleet, Thiess is one of the world's largest open-cut contract miners, responsible for the production of more than a hundred million tons of coal, copper, gold and iron ore each year. Each day, Thiess collects vast amounts of information about its operations. The company's mining operations run 24 hours a day and each truck is equipped with over 300 sensors. Everything from the amount of diesel fuel used by trucks to the volume of coal and minerals extracted is collated and stored.
"We collect information on every person, machine, activity, location, delay, and consumable in the business," says Ben Willey, Manager of Mining and Technology Innovation at Thiess. "We are a process control organization. We deliver value to our clients through optimizing resources and processes, so measuring Key Performance Indicators is critical to our business performance. Our competitive advantage comes from how well we make data-driven decisions and we needed to be utilizing a technology that better enabled us to do this."
As analytics are clearly core to their business, the traditional solutions were no longer a viable option for Thiess. The company needed business analytics solution that could complement their data warehouse, and be available across all locations and in the hands of employees from the office to the mining locations. The organization needed a solution that could give them near instantaneous access to vast amounts of business data. Thiess made the decision to implement Adaptive Discovery across multiple locations to provide the deep, scalable insight on demand required by its growing organization. The fact that Adaptive Discovery is a cloud-based system made it particularly appealing.
Adaptive Discovery was implemented within a few months, and Thiess quickly integrated data collected in the field, rolling out real-time insight and data visualization for all stakeholders. Success became evident as soon as the new system went live. In the first week, information gathered from the company's fleet of trucks identified a mechanical problem that could have significantly slowed production. With Adaptive, Thiess' personnel can now access 40 different metrics derived from millions records to obtain answers in seconds.
"The Adaptive Discovery implementation essentially paid for itself by immediately notifying us of a problem where in the past the root cause analysis would have taken more time to identify. You know you have a winning solution when it earns its stripes the day you switch it on," says Willey. "Adaptive Discovery's capacity to conduct millions of calculations, obtain trends and then display the information as key performance indicators that are contextual and timely is a powerful advantage. We have the latest data available just after each shift has closed. Thiess now has the analytics required to ensure we can continue to grow and serve our customers in the future."
With operations spread across Australia, Thiess staff members spend considerable time in the field and at mining locations. Adaptive Discovery puts analytics and performance indicators in the palm of their hands through its native iPhone application. With Discovery in place, Thiess is well placed to ensure its operations continue to become increasingly efficient and productive. With the industry in a constant state of change, maintaining close watch on every facet of the business is critical for success.
Thiess' selection of Adaptive Planning enabled the company to see ROI in the first week of deployment. Unlike traditional tools like SAP BusinessObjects, Oracle Hyperion, Tableau, QlikTech, etc., Adaptive Discovery is completely designed for the cloud and only the cloud. The use of Adaptive Discovery and its cloud based solution allowed Thiess to:
Provide mobile analytics to every location using Adaptive Discovery's native iPhone application
Scale elastically across 25+ locations
Get near instantaneous query performance across millions of rows of data
Dramatically reduced the need for IT to care and feed analytics
"We are happy to help Thiess improve their operational metrics by providing a pain free way to create analytical dashboards, add and manipulate data as well as drill down into specific data points on demand with our Adaptive Discovery solution," said John Herr, CEO of Adaptive Planning. "As Thiess continues to grow, we are pleased to enable better management of business intelligence and analytics."
Click to Tweet: @thiessausmining Achieves #ROI in Weeks with @AdaptivePlans #BI #CFO #SaaS http://bit.ly/15Vxy8v
About Thiess Mining With an annual turnover of $6.5 billion and 20,000 employees, Thiess is Australia's leading and most trusted construction, mining and services contractor, and a wholly owned subsidiary of Leighton Holdings Limited.
About Adaptive Planning Adaptive Planning is the worldwide leader in cloud-based business analytics solutions for compani es and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Planning enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.
Adaptive Planning is used by over 1,800 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the 5th fastest growing software company in Silicon Valley on the Deloitte Technology Fast 500™ list; has the #1 brand in midmarket CPM; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in over 85 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with worldwide partners including Armanino, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Planning as the NetSuite Financial Planning Module. Adaptive Planning is headquartered in Palo Alto, Calif. and is funded by Bessemer Venture Partners (BVP), Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.
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The contract was awarded by Debswana Diamond Company's Jwaneng mine Cut 9 project in Botswana.
Majwe Mining Joint Venture, a partnership between Thiess (70%) and local partner Bothakga Burrow Botswana (30%) will provide full-scope mining services over nine years, including drill and on-bench services, mine planning, equipment maintenance, load and haul, and mining operations.
This new volume-based contract follows Majwe's successful completion of the Cut 8 project at the diamond mine in November 2018.
"This new contract strengthens Thiess' presence in Botswana and builds on our operational and technical teams' solid performance at Jwaneng since 2011," CIMIC CEO Michael Wright said.
"The relationship developed between Majwe and client Debswana Diamond Company, owned by the Botswana Government and De Beers, is a testament to all involved with the project."
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Thiess Caval Ridge contract worth $600 million
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Thiess has extended its mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge operations in Queensland.
With a potential term of up to five years, the new contract starting on December 1 has revenue to Thiess valued up to $600 million.
Thiess will continue to provide mining services at the Caval Ridge mine, operating and maintaining mining equipment to move overburden to support BMA’s production requirements.
Thiess executive chair Michael Wright said Thiess had been providing mining solutions to BMA at Caval Ridge since December 2017.
“Importantly, our team continues to have a clear commitment and focus on fostering diversity and respectful workplaces, with almost 30 per cent of the workforce being female and 10 per cent being Indigenous. We continue to seek opportunities to bring under-represented groups into the mining industry, and delivering sustainable mining solutions for our clients and stakeholders,” he said.
Thiess executive general manager Australia East Cluny Randell said the company was proud to build on its safe and strong performance at Caval Ridge, and extend the deep working relationship with BMA.
“We will continue to drive long-term economic value by creating local jobs and regional supply opportunities, and supporting the communities where we operate,” he said.
Thiess is currently recruiting for a range of roles including truck, multi-skilled and excavator operators in the Bowen Basin. Visit thiess.com/careers
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7th December 2021 By: Esmarie Iannucci Creamer Media Senior Deputy Editor: Australasia
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PERTH (miningweekly.com) – Mining contractor Thiess has secured two mining services contracts in Queensland, with a combined value of A$200-million.
The company was awarded a 12-month contract extension to its existing contract with mining major BHP Mitsubishi Alliance for the provision of mining and maintenance services at the Caval Ridge coal mine.
Thiess was also awarded a three-year contract by ASX-listed Austral Resources, worth an estimated A$95-million to develop and mine copper ore at the Anthill mine.
“These contracts reflect Thiess’s ability to deliver value for our clients, providing competitive and sustainable mining solutions across a diversified portfolio of projects,” said Thiess executive chairperson and CEO Michael Wright.
Both contracts will start in December.
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The contracts include works at Harum Energy's Mahakam Sumber Jaya coal mine in East Kalimantan, Wahana Baratama Mining's Wahana coal mine in South Kalimantan, Cakrawala Langit Sejahtera's Hanoman boundary works at the Arutmin Indonesia's mine concession and also at its Satui port operations.
It has also won the contract for Geopersada Mulia Abadi's Toka Tindung gold mine in North Sulawesi, Indonesia.
Under the extensions, Thiess will continue to deliver mining services to each of the projects such as mine planning, design and execution, drill and blast, waste removal and rehabilitation, and port operations.
Thiess CEO Douglas Thompson said the contract extensions reflected Thiess' commitment to delivering safe, efficient and productive operations for its clients.
"We look forward to building on these positive working relationships and providing certainty of delivery at each of these projects," he said.
Thiess executive general manager - Asia Cluny Randell said the company had demonstrated its ability to work flexibly with clients to meet their objectives in an everchanging market.
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$440m BMA Mining Services Contracts awarded to Thiess
CIMIC Group’s mining services provider, Thiess , has secured two contracts with the BHP Billiton Mitsubishi Alliance (BMA) worth a combined $440 million.
The two contracts are based at BMA’s Caval Ridge and Peak Downs coal mines in the Bowen Basin of Queensland .
Over three years, Thiess will deliver mining services for specific components of work which includes the services required for Caval Ridge Southern Circuit (CRSC) .
CIMIC Chief Executive Office Adolfo Valderas said: “This contract reflects Thiess’ ongoing commitment to optimising value for its clients, through flexible mining solutions.
Douglas Thompson, Thiess Managing Director, said the company was proud to be partnering with BMA, building on its long-standing history in Central Queensland.
“This contract will enable Thiess to deliver productivity efficiencies, working with BMA to bring additional job opportunities to the region,” Thompson said.
BMA approved a $US204 million investment in the Southern Circuit project in April.
The BMA project involves an 11km overland conveyor system which will transport coal from the Peak Downs mine to the coal handling preparation plant near the Caval Ridge mine.
CIMIC Chief Executive Officer Adolfo Valderas added: “This contract reflects Thiess’ ongoing commitment to optimising value for its clients, through flexible mining solutions.”
Work at Caval Ridge will commence in 2017.
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Source: Australian Mining and Thiess
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KINGSLAND MINERALS DRILLING BREATHES LIFE BACK INTO CLEO URANIUM PROJECT
Australian explorer Kingsland Minerals has laid the foundation to grow the footprint of the Cleo uranium mineralisation based on initial assay results from its maiden drilling program in the historic Pine Creek mining region in the NT.
EXPLORATION SUCCESSES CARRY BELARAROX TO NEW PHASE IN NSW SEARCH
Australian explorer Belararox is considering the release of a mineral resource estimate next month as it progresses metallurgical testwork on targets at the historical Native Bee mine site, part of its 100%-owned Belara project in NSW.
MAGMATIC RESOURCES' MASSIVE INTERSECTION SHARPENS ITS CORVETTE FOCUS
Australian explorer Magmatic Resources has made an impressive start to its drilling campaign on the Corvette prospect at its Myall licence in NSW, delivering the highest-grade, broadest and deepest mineralised interval. Ross Louthean reports
SAMS CREEK PROJECT EMERGES AS AN UNDERGROUND PLAY FOR SIREN GOLD
Australian explorer Siren Resources is following up the potential for an underground development of Sams Creek, New Zealand's largest undeveloped gold project.
HARMONY GOLD BUILDS COPPER STRATEGY IN $230M AUSTRALIAN PROJECT BUY
South African-based Harmony Gold Mining reached agreement on the $230M acquisition of the Eva copper-gold project from Canadian owner Copper Mountain Mining, diversifying its commodity range and risk profile.
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Antofagasta: thiess named for $155m llano mine contract.
Chilean copper giant Antofagasta and Marubeni , its 30% partner in the Llano greenfield copper mine, have awarded the full service mining contract at the Sierra Gorda district mine to diversified contractor Thiess . The $A155M contract awarded by JV company Minera Centinela covers mining operations, maintenance and asset management services. Thiess expects to commence work this month.
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MACA: THIESS NEARS COMPULSORY TAKEOVER TRIGGER
Major engineering services company Thiess is on the brink of implementing the compulsory mop up of Western Australian contractor MACA after announcing its agreed $A350M cash takeover offer lifted its relevant interest to 91.48% of the target company’s shares. Thiess will become entitled to compulsorily acquire the remaining MACA shares once it has completed the acquisition of at least 75%. It has previously stated it will exercise its entitlement once the target is reached.
FORTESCUE METALS GROUP: THIESS WINS $700M IRON BRIDGE CONTRACT
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MACA: MT CATTLIN CONTRACT EXTENDS LITHIUM ROLE
West Australian contractor MACA has secured continued work in the lithium sector beyond the expected end of its current mining services engagement at Pilbara Minerals ’ Pilgangoora project in late 2022 with a new maintained and operated fleet deal with Allkem at its Mt Cattlin project. MACA expects the contract to generate about $A12M revenue over six months, and has potential to lead to further work at the Ravensthorpe mine. The company will utilise existing MACA fleet.
MACA: TAKEOVER TARGET STICKS WITH THIESS OFFER
West Australian mining and civil contractor MACA is standing by its agreed $A350M cash takeover by major engineering services company Thiess , labelling it superior to a rival proposal by fellow contractor NRW Holdings . NRW is offering $1.085 per MACA share compared to $1.025ps by Thiess, but the target says the value of the original all-cash bid is more certain than its rival’s indicative proposal. However, MACA says it’s prepared to have another look if NRW is prepared to come up with a less risky proposal.
REX MINERALS: THIESS NAMED FOR HILLSIDE MINING SERVICES
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MACA: $350M THIESS BID ‘COMPELLING’, FOUNDER SAYS
The co-founder of West Australian mining and civil contractor MACA , Geoff Baker, has described as “compelling” the $A350M off-market cash takeover offer from major engineering services company Thiess . Geoff Baker, the company’s chairman, says the subsidiary of construction company CIMIC and US hedge fund Elliot Management is the right partner with similar values and enhanced services for clients.
THIESS: FIVE MORE YEARS AT PEAK DOWNS MINE
Australian opencut and underground mining contractor Thiess will extend its overburden removal operations at the BHP Mitsubishi Alliance ’s Peak Downs mine in Queensland for a further five years under a contract worth more than $A700M. Shaun Newberry, Thiess’s GM for Australia, says the contract extension builds on its strong working relationship at the openpit mine near Moranbah since 2017.
THIESS: $300 KALIMANTAN CONTRACT RENEWAL
Diversified engineering services company, 50% CIMIC -owned Thiess has been awarded a 3-year, $300M contract renewal to provide mining services at Harum Energy’s Mahakam Sumber Jaya mine in E Kalimantan, Indonesia . Under the contract extension, commencing April 1, 2023, Thiess will continue providing mine design and planning, drill and blast, overburden removal, load and haul, asset maintenance and management, rehabilitation, water management and haul road maintenance services.
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Thiess strengthens climate commitments with interim emissions reduction targets. Article. Copper — the key to a renewable future. Article. Launching our first Thiess apprenticeship program in the Americas. Article. Thiess expands presence in Chile with A$155 million copper contract.
About Thiess Mining. ... The law also creates a 25% investment tax credit for building chip plants estimated to be worth $24 billion. 5h ago. Zacks. AdaptHealth Corp. (AHCO) Lags Q4 Earnings and ...
Big contract win for Thiess CIMIC Group subsidiary Thiess has been awarded a A$2.5 billion, five-year contract extension by Jellinbah Group to continue to provide mining services at its Lake Vermont coal mine in Queensland. The Lake Vermont coal mine in Queensland Mets Investor > Stocks-market-insight 13 July 2020 comments
Thiess secures Indonesia contracts worth $320M. Australian mining services company Thiess has received contract extensions in South Kalimantan, Indonesia, at the Wahana mine from Bayan Resources and at the Hanoman mine from PT Cakrawala Langit Sejahtera (CLS), which mines the pits in the Satui area owned by Arutmin, part of Bumi Resources. With ...
Thiess Pty Ltd is an international mining services company based in Brisbane, Australia. Established in the 1930s as Horn & Thiess, the company later became Thiess Bros and Thiess Contractors before being bought by Leighton Holdings in 1983 to become part of the CIMIC Group.
Chemicals, Metals & Mining companies in Perth See 137 companies Companies in Perth with revenue in $25-100M range See 109 companies Diversified Metals & Mining companies in Washington See 266 companies Diversified Metals & Mining companies with employees in 500-1.0K range See 294 companies Chemicals, Metals & Mining companies in Washington
CIMIC subsidiary Thiess has won a new mining contract worth A$1.7 billion. Mets Investor > Stocks-market-insight; 18 March 2019 comments; share. Staff reporter. Exploration Manager. SPONSORED ... Read the MiningNews.net Research Report 2022 . For instant-access to all of Mining Journal Intelligence Research, subscribe to Premium .
Thiess Caval Ridge contract worth $600 million. Thiess has extended its mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge operations in Queensland. With a potential ...
Mining contractor Thiess has secured two mining services contracts in Queensland, with a combined value of some A$200-million. ... worth an estimated A$95-million to develop and mine copper ore at ...
Australian-based global mining services company Thiess will extend its involvement with Jellinbah Group's Lake Vermont coal mine in Qld with the award of a full service contract extension including mine planning, ... Newcrest Mining has given the go-ahead for the next stage development of its flagship Cadia gold and copper mine in NSW ...
With a potential term of up to five years, the new contract starting on December 1 has revenue to Thiess valued up to $600 million. Thiess will continue to provide mining services at the Caval ...
Under the extensions, Thiess will continue to deliver mining services to each of the projects such as mine planning, design and execution, drill and blast, waste removal and rehabilitation, and port operations. ... Thiess secures Indonesia contracts worth $320M. Thiess will extend its mining services, including drill and blast, and load and ...
CIMIC Group's mining services provider, Thiess, has secured two contracts with the BHP Billiton Mitsubishi Alliance (BMA) worth a combined $440 million.. The two contracts are based at BMA's Caval Ridge and Peak Downs coal mines in the Bowen Basin of Queensland.. Over three years, Thiess will deliver mining services for specific components of work which includes the services required for ...
South Australian developer Rex Minerals has named engineering services company Thiess as preferred partner in a strategic mining services alliance at its 100%-owned Hillside copper-gold project on the Yorke Peninsula. Their non-binding letter of intent will see the companies work together to deliver an optimal mining solution.