MineCost 365

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Mining companies face tight capital constraints, shifting economics, and increasing pressure to deliver timely, defensible financial reporting. Yet most teams still rely on spreadsheets, manual reconciliations, and disconnected tools — creating delays, inconsistencies, and audit exposure.

“Most teams still rely on spreadsheets, manual reconciliations, and disconnected tools… leading to delays, inconsistencies, and audit exposure.”

MineCost 365 gives mining finance teams real‑time cost visibility, standardized cost structures, and audit‑ready financials across the entire mining lifecycle — from early exploration programs to full‑scale production.

MineCost 365 replaces manual costing with a fully automated, mining‑specific system… at any stage of the mining lifecycle.

Built for Exploration, Development, and Production 

MineCost 365 supports cost tracking and reporting across all stages of the mining lifecycle — exploration, feasibility, development, and production — ensuring consistent, comparable, investor‑grade financials. MineCost 365 supports cost tracking across all stages: Exploration → Feasibility → Development → Production. 

What Finance Teams Gain

✔ True cost clarity across drilling, studies, development, sustaining capital, and production
Track drilling, sampling, studies, development, sustaining capital, and operating costs… without spreadsheet chaos.

✔ Faster, more reliable month‑end close with standardized workflows and clean journals
Standardized workflows, clean journals, and automated processes reduce manual corrections and shorten reconciliation time.

✔ Audit‑ready, defensible reporting with full traceability
Every calculation, adjustment, and posting is fully traceable — giving teams defensible, investor‑ready financials.

✔ A single source of truth for costing, operational activity, and financial data
Costing, operational activity, and financial data live in one integrated system.

✔ Scalability for junior and growth‑stage operators
Affordable, scalable, and designed to support companies evolving from exploration to production.

Automated Mining Costing and Production Tracking — Built Inside Microsoft Dynamics 365 Business Central

MineCost 365 is delivered natively inside Microsoft Dynamics 365 Business Central, giving mining companies a unified platform for finance, inventory, costing, production, and compliance — without disconnected systems or spreadsheets.
"MineCost 365 is delivered natively inside Microsoft Dynamics 365 Business Central… without disconnected systems or spreadsheets."

Designed for junior mining companies operating from exploration through production, it replaces manual spreadsheets with automated, auditable processes that deliver accurate cost data every month.

How MineCost 365 Works

Automated Production Consumption

✔ Calculates expected consumables based on Production BOMs
✔ Posts item journals with correct cost allocations
“It uses your defined production structures… to calculate expected consumption… and creates a precise, traceable COGS entry.”

Intelligent Shortage Handling

✔ Flags insufficient inventory
✔ Recommends adjustments
✔ Posts corrections automatically
“If inventory levels are insufficient, MineCost 365 flags the issue… and posts the corrections automatically.”

Lifecycle‑Wide Job Costing

✔ Track drilling, sampling, studies, development, sustaining capital, and operating costs
✔ Structured, mining‑specific interface
“Track drilling, sampling, studies, development, sustaining capital, and operating costs… without spreadsheet chaos.”

Accuracy & Auditability

✔ Supports FIFO, Average, LIFO, Standard, and Specific costing
✔ Audit flags for overrides
✔ Automated cost refresh
“Supports FIFO, Average, LIFO, Standard, Specific… Automated cost refresh for consistent cost alignment.”

Compliance‑Ready

✔ GAAP and IAS 21 support
✔ Multi‑currency support with Apptitude’s Multi‑Currency App
“Mining companies… must meet GAAP… IAS 21… Pair with Apptitude’s multi-currency solution.”

Why Mining Companies Choose MineCost 365

✔ Real cost visibility

✔ Automated production accounting

✔ Standardized cost structures

✔ Audit‑ready reporting

✔ Faster closes and fewer month‑end headaches

MineCost 365 provides: real cost visibility… automated production accounting… audit‑ready reporting… faster closes.