7 Steps to Prevent Fuel Theft in Mining Equipment (HEMMs) using Fuel Monitoring System
Fuel accounts for about 31% of OpEx at mine sites in developed mining markets such as Australia, USA and Canada, and accounts for a lot more in developing countries. About 8% of fuel dispensed at a mine is lost due to fuel theft, also called fuel pilferage. And with diesel prices sky rocketing, thieves find […]
How CMMS can help mines increase Overall Equipment Effectiveness
Overall Equipment Effectiveness (OEE) is a well-known measurement method, used in the manufacturing industry, which combines availability, performance, and quality, for the evaluation of equipment effectiveness. As a result, measuring Overall Equipment Efficiency in underground mines is frequently becoming the best practice. OEE is the best-known metric for identifying losses, benchmarking progress, and improving the […]
Setting Expectations for Digital Transformation ROI
Everyone knows you need to set clear goals. You must have realistic expectations for ROI before and a major investment of time or money. Oftentimes a digital transformation, depending on scale, can be a large investment of both. That’s why it’s critical to understand the metrics you can expect to see changes in. Tonnes to […]
The Single Biggest Hurdle to Increasing Production Through Digitization
“We’ve always done things this way.” Anyone that’s ever tried to introduce digitization in mines or similar industries has almost certainly heard this phrase. The problem is the way things have always done simply isn’t good enough anymore. Not only is the industry becoming increasingly competitive, just because your mine isn’t moving forward doesn’t mean […]
How the Pandemic is Pushing Mines to Digitize
All around the world, the pace of daily activities has taken on an entirely new look. On the whole, life is slowed down and it’s given many of us a chance to plan and reflect. The mining industry is no exception. The tragedies facing the world right now aren’t lost on any of us. However, […]
The Power of IoT in Mining
Internet of things technology and connected workforces are hardly a new concept, unfortunately the mining industry has long had a tendency to avoid adopting new technology. However, in an increasingly competitive industry, the decision to digitize is becoming less and less optional. What is IoT: Put simply, it is the connection of devices through the […]
Three Ways to See Your Mine Come Back Stronger Than Ever after COVID-19
It’s easy to be negative in times like these. The world is going through a tough time, but it isn’t without its silver linings. We’ve seen rapid innovation in every segment of industry. The mining industry is no exception. COVID-19 has pushed mines around the world into rapidly digitizing, promising a strong future when life […]
The Importance Of Heavy Equipment Maintenance
Optimizing machine output is a constant challenge in heavy machinery. In this article, we explore how good heavy equipment maintenance can keep your machines running at 100% percent. Do you have an optimized process to increase production efficiency? Leaders know that for optimum efficiency, all links in the mining chain need to work flawlessly. Safety […]
How Mine Automation is increasing productivity and safety in the Industry
Mine Automation streamlines the process of capturing and analyzing data using IoT sensors. This helps shorten mine planning time and provides process consistency which yield in significant cost savings.
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 […]
