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TheStreet Open House

Diebold Secures Pueblo Viejo Gold Mine

Stocks in this article: DBD

NORTH CANTON, Ohio, Oct. 31, 2013 /PRNewswire/ -- Diebold, Incorporated (NYSE: DBD) is helping secure one of the largest gold mines in the world. Operated by Pueblo Viejo Dominicana Corporation (PVDC), the Pueblo Viejo mine, located in the Dominican Republic, has proven and probable gold reserves of 25.0 million ounces. To secure this high-value site, Diebold installed and implemented advanced video surveillance, access control, intrusion detection and perimeter monitoring systems. The company integrated these systems via a customized software application, enabling on-site security personnel to efficiently monitor the entire property in real time.

(Logo: http://photos.prnewswire.com/prnh/20080725/DIEBOLDLOGO )

PVDC is a joint venture between gold producers Barrick Gold Corporation and Goldcorp Inc. It achieved commercial production in January 2013 and has a projected life of more than 30 years.

"As a vast gold reserve, the Pueblo Viejo mine requires numerous electronic security solutions to protect the site's assets," said Marshal Valentine, country security manager. "Diebold's integrated solutions have provided a way to actively and intelligently monitor the entire site, enhancing security from the perimeter to individual locations inside the property."

For the site's video surveillance system, Diebold installed more than 300 cameras and multiple digital video recorders. In addition, Diebold created a fully equipped command center where security personnel can monitor video images from across the site and automatically view video feeds associated with any alarm event.

Alarm signals originate from access control devices, a perimeter monitoring system and more than 460 intrusion devices that Diebold installed and integrated throughout the mine property. The managed access control system Diebold deployed includes card readers, turnstiles, workstations and system servers.

To prevent vehicles from forcefully breaching the site, Diebold installed a vehicle arrest system. And to mitigate the theft of materials mined from the site, Diebold installed precious metal detectors at pedestrian exit points. The detectors sense low frequency signals that standard metal detectors cannot detect.

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