Syntax partners with Rio2 to accelerate gold mining with SAP transformation

Published by Jody Dodgson, Editorial Assistant
Global Mining Review, Thursday, 23 April 2026 15:00

Syntax, a leading global technology solutions provider driving enterprise transformation in the cloud, has announced the successful completion of an SAP transformation for Rio2 Limited, delivering a future-ready digital core that has enabled the junior mining company to transition efficiently from construction to full operations at its Fenix Gold Mine in Chile within a year.

Guided by Syntax, Rio2 – a precious metals and copper producer headquartered in Canada with operations in Chile and Peru –modernised its business with SAP Cloud ERP and connected SAP cloud solutions, including SAP Analytics Cloud, SAP Document Compliance, and Concur ExpenseIt. The transformation replaced fragmented, manual processes with a unified cloud platform connecting finance, procurement, and project accounting across the company, delivering real-time financial visibility, streamlined compliance, and operational agility.

“Syntax’s mining sector and SAP expertise were instrumental to our success,” said Kathryn Johnson, Executive Vice President, Chief Financial Officer and Corporate Secretary at Rio2. “They helped us turn an ambitious transformation into a fast, practical deployment –connecting teams across three countries and giving us the 24/7 visibility, control, and agility we need to grow.”

Accelerating gold development

When the approval for construction and operation of Rio2’s 100%-owned Fenix Gold Mine in Chile was secured, the company moved quickly to accelerate the implementation – aligning teams across Canada, Chile, and Peru working in a complex, multi-currency regulatory environment.

At the time, financial and project data were scattered across disconnected spreadsheets and manual workflows. To move forward in an organised manner, Rio2 needed a unified cloud platform to provide real-time insight, consistent governance across jurisdictions, and a scalable foundation for growth. It also needed an enterprise-wide software platform that could be implemented fast to allow the construction of the Fenix Gold Mine in Chile to be managed efficiently, on time, and on budget.

In partnership with Syntax, Rio2 adopted a clean-core, cloud-first strategy aligned with SAP best practices, implementing SAP Cloud ERP in just six months using standard templates and native localisations. Additionally, Rio2 integrated SAP Analytics Cloud, SAP Document Compliance, and Concur ExpenseIt to digitise reporting and regulatory workflows. The result: real-time visibility into costs and cash flow; audit-ready, multi-currency, and multi-GAAP compliance from day one; and a scalable platform for future growth and innovation.

“By adopting SAP Cloud ERP completely out-of-the-box, we built enterprise-grade financial control and transparency without adding complexity,” added Johnson. “For a diversified producer, that discipline has been transformational – it proved we can operate with the governance and speed of much larger organisations.”

Tangible business outcomes include:

40% faster financial close with real-time reporting across three countries.
30% shorter procurement cycles through automated workflows.
20% efficiency gain for finance teams driven by standardised processes and automation.
25% improvement in on-time delivery of equipment.

“We’re committed to supporting Rio2 in building a digital foundation that matches its ambition,” said Michelle Smith, Vice President of Global Mining Practice at Syntax. “With a modern cloud ERP backbone in place, Rio2 combines enterprise-grade discipline with the agility to move fast and is ready to unlock new efficiencies and innovation through AI in its next phase of growth.”

Read the article online at: https://www.globalminingreview.com/mining/23042026/syntax-partners-with-rio2-to-accelerate-gold-mining-with-sap-transformation/