ways of reducing costs at a mine

ways of reducing costs at a mine

  • Mining spotlight on: Sliding productivity and spiraling costs Deloitte

    Mining spotlight on: Sliding productivity and spiraling costs. Strategies for reclaiming efficiency in the mining sector. Over the past year, mining executives have received one message, loud and clear: markets will no To prevent this constant cycle of cost takeout and cost creep, miners must go beyond traditional cost cutting.

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  • 5 Strategies To Reduce Mining Operating Costs rapidBizApps

    Feb 16, 2017 Miners are facing a market crunch, & it is important to discover irrelevant input costs. See how you can reduce mining operating costs & keep profits high.

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  • Top 5 Ways to Reduce Fuel Costs at Mine Sites Caliba

    Sep 19, 2014 With diesel costs contributing to a significant portion of mine site operating costs, this is an obvious target area for the operation to reduce costs. With our involvement in many fuel cost reduction projects over the years, Caliba Group see the top 5 ways to reduce fuel costs are to: 1. Make sure the unit price is 

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  • Mining spotlight on: Sliding productivity and spiraling costs Deloitte

    Mining spotlight on: Sliding productivity and spiraling costs. Strategies for reclaiming efficiency in the mining sector. Over the past year, mining executives have received one message, loud and clear: markets will no To prevent this constant cycle of cost takeout and cost creep, miners must go beyond traditional cost cutting.

    >>Details
  • Cost Reduction in Mining Operations – Discussion – Mining and

    Sep 19, 2011 Cost Reduction in Mining Operations Discussion The operating cost structures of mining operations globally have increased significantly over past years. When raw There are a number of areas that are good sources for cost reduction where the root causes of waste in ways not typically considered.

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  • 8 strategies for reclaiming efficiency and lowering costs in mining

    Feb 5, 2015 However, they can control how they operate. As companies refocus on becoming lowestquartile cost producers, they will need to move away from reactionary cost cutting and towards sustainable cost management programs. Here are some strategies to consider, from Deloitte's "Mining spotlight on sliding 

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  • Cost Reduction in Mining Operations – Discussion – Mining and

    Sep 19, 2011 Cost Reduction in Mining Operations Discussion The operating cost structures of mining operations globally have increased significantly over past years. When raw There are a number of areas that are good sources for cost reduction where the root causes of waste in ways not typically considered.

    >>Details
  • How to Use Data Mining to Reduce Costs & Gain Efficiency within

    Dec 27, 2016 Big data analysis, or the mining of extremely large data sets to identify trends and patterns, is rapidly becoming standard business practice [1]. Companies are always looking for ways to reduce costs, increase revenue, and gain competitive advantages. Capturing and

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  • How can mining become more environmentally sustainable

    Reducing energy consumption at mines can reduce greenhouse gas emissions and extend the life of fossil fuel reserves in addition to reducing operating costs and therefore the cost of the commodity being mined. [1]. Some examples of ways mining companies are reducing their energy consumption include Alcoa's 

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  • Cost reduction: Quick tips for mining and gas services LinkedIn

    Feb 8, 2015 But in the short term, changing purchase order approval limits or having the CFO sign off on amounts above a certain level normally results in a change in culture towards purchasing and reduction in costs. Finally, the amount of labour on the books and equipment will govern how big the head office and 

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  • 6 Ways to Decrease the Oil Cost on a Mine Site MINING

    Mar 2, 2016 Rationalize your lubricants. A core fundamental of oil management is to rationalize the number of lubricants and lubricant packaging. The Total mining team has observed that this can result in savings up to 17 % of your total oil cost! This is done through savings in physical inventories, costs associated with 

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  • Seven Ways Technology Can Improve Your Mining GoCanvas

    Jul 30, 2015 Every mining operation has to counteract these trends. And while many mines were slow to adopt technology, studies now show that 70 percent of mining and oil industry respondents believe the use of mobile has prevented or reduced worker incidents and accidents and their related costs, and 86 percent 

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  • 5 Ways to Reduce Fuel Costs at a Mine Site |Total Mining Solutions

    In the current climate of low commodity prices, many mining companies are under increasing pressure to reduce operating costs. The most obvious way to cut costs on fuel is to look for price reductions, but with the competitive nature of supplying to mines there is most probably very little margin left to "squeeze" out of the 

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  • Sustainable Cost Reduction in the Mining Sector, PwCCanada

    This annual report created by PwC's Canadian Mining team will provide you with ways to reduce your capital costs and achieve sustainable cost reductions in mining operations.

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  • How vehicle telematics is reducing costs in mining operations

    Jun 8, 2017 In the wake of Australian mining's economic downturn of the past few years, many operators are looking to new technology to improve their productivity, reduce costs and achieve their business objectives. The use of telematics in mining has proven very beneficial in particular, enabling the moreefficient 

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  • Managing Growth in Aggregate Mining: How to Reduce Fuel Costs

    GPS fleet management solutions can help find inefficiencies in aggregate cycle times to reduce fuel burn.

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  • 6.9% Fuel Cost Reduction Earns Indonesian Mining Contractor

    Feb 26, 2014 Presenting at a recent Immersive Technologies Users Group Forum, Cipta Kridatama Talent Development Manager, Gemilang Adi Perdana, said "with commodity prices going down, like many sites, we are looking at ways to cut costs and fuel consumption was identified as problem area. We were over 

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  • Operational Cost Reduction Partners in Performance

    PIP has undertaken extensive operational costreduction engagements delivering auditable bottomline savings for our clients. We repeatedly identify alternatives to current ways of working by going and seeing the frontline operations with a fresh set of eyes. A $140m savings for a major global mining house. An $80m 

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  • How can mining become more environmentally sustainable

    Reducing energy consumption at mines can reduce greenhouse gas emissions and extend the life of fossil fuel reserves in addition to reducing operating costs and therefore the cost of the commodity being mined. [1]. Some examples of ways mining companies are reducing their energy consumption include Alcoa's 

    >>Details
  • 5 Ways to Reduce Fuel Costs at a Mine Site |Total Mining Solutions

    In the current climate of low commodity prices, many mining companies are under increasing pressure to reduce operating costs. The most obvious way to cut costs on fuel is to look for price reductions, but with the competitive nature of supplying to mines there is most probably very little margin left to "squeeze" out of the 

    >>Details
  • Mining companies report cost savings of 30 per cent, want mine

    Nov 23, 2014 Big miners like Rio Tinto say they've cut costs by 27 per cent, and now they're asking 1,600 suppliers across NSW to do the same. David Moult, from Centennial Coal, says his company has also cut costs significantly. "We've sat down with all our suppliers and said to them, 'Look, we're going through a lot of 

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  • BHP Billiton Mining data to improve safety and cut maintenance costs

    Dec 20, 2017 The team also used data from 300 haul trucks to develop new maintenance strategies, improve supply chain management and set operating limits for how the vehicles are used in the field. This has improved availability and reduced costs by a projected 20 per cent across the remaining life of the fleet.

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  • Goldcorp Inc. Strategy Reducing Costs

    Goldcorp's H2Zero strategy aims to substantially reduce freshwater consumption and completely eliminate the use of traditional slurry tailings, currently the largest store of unavailable water in the mining process. Our goals include: reducing our total water consumption – all new Goldcorpoperated projects will eliminate the 

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  • 5 Strategies To Reduce Mining Operating Costs rapidBizApps

    Feb 16, 2017 Miners are facing a market crunch, & it is important to discover irrelevant input costs. See how you can reduce mining operating costs & keep profits high.

    >>Details
  • Reduce your cost on the mine site|Total Mining Solutions

    How we help you reduce your costs. How can we help mining companies REDUCE THEIR COST? Total Mining Solutions has demonstrated its ability to reduce mining companies' Total Cost of Ownership (TCO) on several occasions. We help you reduce your cost 

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  • Reduce your cost on the mine site|Total Mining Solutions

    How we help you reduce your costs. How can we help mining companies REDUCE THEIR COST? Total Mining Solutions has demonstrated its ability to reduce mining companies' Total Cost of Ownership (TCO) on several occasions. We help you reduce your cost 

    >>Details
  • Operating Cost for Miners SRK Consulting

    ABC is an accounting method that allows mines to gather data about their operating costs. ➢. Costs are assigned to specific activities including: •. Drilling. •. Engineering. •. Truck Haulage. ➢ activities are associated with the generated overall average tonnes produced per day. ➢. Enables the mine to decide which activity 

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  • Reducing costs without compromising orebody value AusIMM

    It is the responsibility of geoscientists to ensure that value is not destroyed when times get tough and contribute to 'smart' cost cutting while not sacing the quality of Mineral Resources or increasing mining risk. This article aims to provide industry geoscientists and management with examples on how geoscientists can 

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