Align mine to mill KPIs to increase mine throughput
Profit in mining depends on the amount of metal sold, yet mine and mill managers are often measured by separate, sometimes conflicting, short-term targets. For instance, mine managers focus on extracting and delivering a set tonnage to the crusher, while mill managers prioritize processing that ore at high recovery rates for customer delivery. These differing […]
Achieve Mine Plan Adherence with Real Time Controls
For mining companies, profitability is often at the mercy of shifting policies and unpredictable market demands. While some changes can be anticipated, many challenges extend far beyond a single quarter or year. A common problem we hear from clients goes like this: “With constantly shifting needs for personnel, resources and support requirements across the mining […]
Leverage Spend Cube Analysis for Supply Chain Risk Management
Critical parts delivery delays from suppliers are often unpredictable – resulting in machinery not running safely and unexpected shutdowns, setting mines back in thousands, even millions of dollars. There is also a delicate balance to maintain; overstocking parts can tie up capital, while understocking can lead to costly operation disruptions without the necessary spare parts […]
Holistic Preventive Maintenance Scheduling for Optimized Mines
Holistic preventive maintenance scheduling for mining equipment requires strategically balancing the need for timely inspection intervals without disrupting mining operations unnecessarily. Tipping this balance can result in hundreds of thousands of dollars lost onsite. While a preventative maintenance (PM) approach that leverages data analytics can save companies substantially in the long run, there are […]
