SML NOVA is a comprehensive mineral monitoring and audit solution developed to oversee the entire lifecycle of minerals—from extraction to payment. By integrating state-of-the-art hardware with proprietary software, SML NOVA delivers a complete end-to-end view, ensuring transparency and efficiency.
The solution supports a variety of minerals including:
Gold
Diamond
Manganese
Graphite
Bauxite
Lithium
Salt
Through specialized system modules tailored to each mineral’s specific needs.
Benefits of SML NOVA
01
Enhanced Revenue Generation
By ensuring accurate tracking of mineral quantities and transactions, SML NOVA helps prevent losses due to misreporting or theft, increasing revenue streams for mining institutions and refineries.
02
Streamlined Royalty Calculations
The system provides precise data that can be used to calculate royalties owed, ensuring that payments are based on accurate, verifiable information. This accuracy benefits both mining companies and governments or entities receiving the royalties.
03
Increased Transparency in Transactions
With SML NOVA, every step of the mineral’s lifecycle is documented and verifiable. This transparency builds trust among stakeholders, including investors, regulators, and partners, and can enhance the reputation of mining institutions and refineries.
04
Complete End-to-End Auditing
SML Nova provides a full spectrum auditing solution that covers every phase of the mineral lifecycle from extraction to payment. This comprehensive auditing capability ensures accuracy, accountability, and full traceability of minerals, enhancing governance and control.
05
Regulatory Compliance
SML NOVA helps ensure compliance with industry standards and government regulations by maintaining accurate and up-to-date records of mineral extraction and transactions.
06
Data-Driven Decisions
With comprehensive data collection and analysis capabilities, stakeholders can make informed decisions based on real-time information and historical data.
07
Customization
The availability of specific system modules for different minerals-such as Gold, Manganese, and Lithium-allows for tailored solutions that meet the unique needs of each mineral’s monitoring and auditing requirements.
08
Improved Security
SML NOVA enhances security throughout the mineral lifecycle with controlled access and secure data handling, protecting against data breaches and unauthorized access.
09
Scalability
The solution is designed to scale with the growth of operations, suitable for both small-scale projects and large, multi-site operations.
10
Risk Management
By providing detailed data and insights across the mineral lifecycle, SML NOVA helps identify and mitigate risks before they become significant issues, enhancing the overall stability of mining operations.