MineHub launches comprehensive assay management tool
TSX-V-listed MineHub Technologies has launched a comprehensive digital module purpose-built Assay Manager to transform how commodity market participants manage, analyse and act on assay data across their operations.
Assay Manager, as a standalone digital tool, removes ecosystem dependencies and empowers commodity producers, traders and buyers to manage, compare and act on assay data entirely within the MineHub platform.
The new module delivers live analytics, automated reporting, invoice reconciliation and bespoke dashboards, expanding MineHub’s platform into the critical assay management workflow.
Assay management remains one of the most operationally complex and commercially consequential workflows in physical commodity trading.
Discrepancies between buyer, seller, and umpire assays directly impact settlement values, and the process has historically relied on fragmented communications, manual reconciliation, and disconnected spreadsheet-based tools.
MineHub's Assay Manager addresses this challenge head-on, delivering a fully integrated, data-driven solution that operates as a powerful standalone internal tool. A key update is removing the requirement for counterparties to be active participants in the MineHub ecosystem.
MineHub CEO Andrea Aranguren believes management sits at the heart of commercial settlement in commodity markets, yet it has remained stubbornly manual and error-prone for decades.
“With Assay Manager, we are giving our customers a purpose-built tool that puts them in full control of their assay workflows. From initial upload through to invoice reconciliation and end-of-month reporting, entirely within the MineHub platform,” she explains.
“Critically, this is a tool our customers can use independently, without needing their counterparties to be on the platform, which significantly broadens the addressable opportunity and removes a key barrier to adoption,” Aranguren adds.
Other benefits of the tool are that party assay comparison and modelling can be done by uploading and comparing assays side by side within a single digital environment. The tool also offers real-time insights across all historic assay data, including umpire win rate tracking to support better commercial decisions.
The assay reporting feature is automated, eliminating the need for manual report compilation.
The launch of Assay Manager represents a significant expansion of MineHub's platform into the settlement layer of physical commodity trade.
“By digitising and centralising the assay workflow, MineHub enables customers to reduce manual effort, improve data accuracy, accelerate settlement timelines, and make better-informed commercial decisions based on a complete and structured assay history,” the company says.
MineHub remains committed to building the most comprehensive digital platform for commodity supply chains – one that addresses the full trade lifecycle from logistics and compliance through to commercial settlement and financial reconciliation.
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