• OPERATIONS
software solutions to make these recommendations . It is not just about deploying the latest mining technology ; it is about using technology optimally and return on investment .
New industry players Where mining in Africa was once dominated by major multinationals , we are now seeing smaller independents , contract miners and junior and emerging miners entering the sector .
there is an effective maintenance strategy and execution , tools , skills and use of technology to achieve this .
Facing such a complex range of variables , mining companies are ultimately looking for value . Every decision they make must support their ability to operate in this rapidly shifting environment – productively , sustainably and as an asset to their community . •
These businesses are often laser-focused on the bottom line . However , too much emphasis on short-term savings can be a false economy . These new market entrants are best advised to look for long-term value and productivity .
New miners can lay a strong foundation for long-term growth by investing in resilient , high-quality equipment solutions that will last longer , require less maintenance and significantly lower overheads .
Focusing on fleet productivity Operating a mine profitably is about the equipment you use , as well as how you use it . Besides the resource being mined and the mining methods employed , miners need to choose appropriate equipment for their application .
They then need to consider which specific piece of machinery to choose , the purchase or rental terms , repair options , rebuilds , aftermarket plant management , training , financing , automation levels , compliance and sustainability .
The fleet that a mine runs is a key asset to achieve its business objectives . It is becoming increasingly important for miners to choose the appropriate fleet , then find the most cost-effective and sustainable way of running that fleet . This is something we find mine owners increasingly concerned about .
Uptime ( availability ) and reliability of the fleets are key factors to achieving productivity , this requires concerted effort to ensure
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24 • African Mining • April 2024 www . africanmining . co . za