5 Strategies To Minimize Mining Operating Costs
Mining company strategies depend heavily on the current state of the market. When the market is upside, companies develop marginal high-cost, low-productivity mineral deposits, supported by high commodity prices. But when the market is down, companies respond by slashing costs – a natural response to a shifting market cycle.It is practically impossible to control the […]
5 Strategies To Improve Mine Safety & Productivity
Mining has always been a very risky and dangerous business. Over the years, science and technology have made mining easier and improved mine safety, but the risks involved can be controlled only when best practices of a safe work environment are implemented and adhered to. However, modern mining techniques and the associated technologies have done […]
Using Short Interval Control To Enhance Mining Operations
Short Interval Control (or SIC) is a framework of structured processes that help you identify and act on opportunities to improve the effectiveness and efficiency of production. SIC has always been in use at conventional and traditional types of businesses such as manufacturing, mining, and others. SIC is also known as a factory-floor process among some […]
4 Reasons To Adopt A Fleet Management System For Underground Mining
Mining is a complex business that involves management of a large fleet of vehicles under environmental, legal and safety considerations. It is important for mining companies to have visibility into the use of every vehicle and the performance of every driver in order to streamline operations, improve safety standards and drive higher process efficiencies. A […]
Infographic – Digital Transformation in The Mining Industry
With profits down the global mining community is looking towards digital innovation to provide a breakthrough. With digitalization, mining companies are hoping for a transformation from traditional business models to a more smarter & profitable mine. Benefits of Digitalization in Mining Increased Productivity Improved Mine Safety Informed Decision Making Improved Failure Anticipation Reduced Environmental Impact […]
Top 5 Innovations in the Mining Industry
Over the past years, sliding productivity and spiralling costs in the mining industry has meant that the impetus for technological change is high. Mining companies remain under exceptional pressure to improve operating efficiencies, enable safer operations and cut costs. The influx of an array of new technologies and digital innovations in the mining industry has […]
Top 4 Challenges Facing The Mining Industry
The mining industry is still recalibrating to a set of strong headwinds after the commodity boom peaked in 2011. From volatile market conditions to resource scarcity and environmental mandates, the challenges facing the mining industry has forced miners to re-think the way they operate. In this article, we look at some of the major dilemmas […]
Improve Productivity With Digital Fleet Management System
Mining is a complex business that involves management of a large fleet of vehicles under environmental, legal and safety considerations. It is important for mining companies to have visibility into the use of every vehicle and the performance of every driver in order to streamline operations, improve safety standards and drive higher process efficiencies. The […]
5 Ways IoT Drives Innovation in Mining
As a number of asset-centric industries continue to leverage IoT to drive business performance improvements, the mining industry is cautiously following suit. Although still in its infancy, IoT in mining has the potential to take the industry into a new realm of productivity. The Internet of Things (IoT) is the connection of objects such as […]
Top 5 Technology Innovations in the Mining Industry
The influx of an array of new technologies and digital innovations in the mining industry has the potential to transform key aspects of mining to deliver exceptional stakeholder, customer and environmental value. 3D Printing For terrestrial mines, 3D printing has helped to reduce costs by 50-80% compared with standard manufacturing methods. 3D Mapping 3D images […]
