Kamoa Copper SA has announced a significant step forward in its financial planning and analysis capabilities through a strategic partnership with Deloitte Africa and Anaplan. This collaboration marks the implementation of a state-of-the-art budgeting and forecasting solution using the powerful Anaplan platform, aimed at enhancing operational efficiency and driving shareholder value across the value chain.
The Anaplan platform is renowned for its ability to streamline complex financial processes, enabling real-time data integration and scenario planning. Its robust features allow for a more agile and responsive approach to financial & operational planning, making it an ideal solution for the intricate needs of the mining industry. With Anaplan, Kamoa Copper SA can achieve a unified, consistent view of data across the organisation, enhancing accuracy and enabling more informed decision-making.
Budgeting and forecasting within the mining industry pose unique challenges, particularly when reliant on traditional Excel solutions. These methods often lead to inefficiencies, hampering the ability to manage operational and Capex costs effectively. Recognising the need for modernisation, Kamoa Copper SA issued a Request for Proposal (RFP) seeking a planning platform and implementation partner that would set the company on a path toward mine cost planning maturity. The goal was to provide stakeholders with a comprehensive view of various scenarios without the protracted process of gathering and aggregating data from spreadsheets.
“We strive to be at the forefront of financial innovation, and the implementation of Anaplan’s platform is a game-changer for Kamoa Copper. It empowers us to be more agile, more strategic, and more proactive in our financial and operational planning. Deloitte Africa’s role in this transformation is tailored to deliver a solution that not only aligns with our current needs but also anticipates our future growth,” said JP van Staden for Kamoa Copper.
Kamoa Copper operates one of Africa’s largest copper mining complexes, employing over 7,000 people and producing high-grade copper concentrate for the global market. The Kamoa-Kakula Copper Complex is the world’s fastest growing, highest-grade copper mine with the lowest carbon footprint. The company is recognized for its commitment to sustainable mining practices and community development in the Democratic Republic of Congo (DRC).
Deloitte Africa has been recognised as Anaplan’s Global Partner of the Year for eleven consecutive years, underscoring their deep expertise and leadership in implementing Anaplan solutions. This accolade highlights Deloitte’s unparalleled capability to deliver transformative projects and makes them the perfect implementation partner for Kamoa Copper SA in this strategic endeavor. Leveraging the Anaplan platform, Deloitte Africa will enable Kamoa Copper SA to manage change, complexity, scale, and collaboration more effectively. This project is expected to yield significant benefits, not only financially but also in providing detailed functional insights within the planned models
With Deloitte’s extensive expertise in the Energy, Resources, and Industry sectors, combined with Anaplan’s powerful planning platform, Kamoa Copper SA is confident that this partnership will deliver the impact required. The collaboration ensures that the solution meets immediate needs while paving the way for future advancements. Deloitte Africa’s approach emphasizes alignment with Kamoa Copper’s timeline, budget, and project objectives.
“Deloitte Africa is honored to work alongside Kamoa Copper SA to deliver a budgeting solution that will transform their financial planning capabilities. Our industry insights and technical expertise are the cornerstones of this project, and we are committed to propelling Kamoa Copper SA from where they are today to where they want to be,” commented Andries van den Berg from Deloitte Africa.
This project underscores Kamoa Copper SA’s dedication to innovation and continuous improvement. They eagerly anticipate the successful implementation of the solution and the subsequent benefits it will bring to their operations and strategic decision-making processes.