TORAS vs LR

TORAS is a risk management and monitoring tool with features that include data validation, workflows, action plans and automatic notifications. Our focus is placed on safely sustaining the mining industry and managing tailings storage facility risk. The TORAS application serves data and other relevant documentation to stakeholders via a data access portal, increasing your level of transparency. As a proud initiative of Fraser Alexander, we are continuously evolving our tailings offering, introducing further features and intelligence that is up-to-date with industry standards, global standards and the latest technology. We believe every mine can create safety for all involved and have minimal impact on their environment. Annual independent audits are done across technical and operational areas, and the application itself is backed by XGRC, digital leaders in governance, risk and compliance software, with a dynamic team of technical specialists.

LR-Corp is part of the suite of LionRidge products supporting our MSI (Maximising Strategic Investments) methodology. This app is aimed at forming a picture of overall company health by getting continuous feedback from key stakeholders throughout the organisation against a series of centrally defined KPIs (Key Performance Indicators). Senior management can then view the overall picture in the dashboard and drill down to find outliers. Contact details are provided so that outliers can be contacted without disturbing other busy members of the management team. Stakeholders are only allowed to score KPIs in which they have knowledge or expertise. For example, a member of the IT team could score on the robustness of the company's IT security, whereas a member of the financial team would assess the company's financial health