Category: Asset Maintenance

Mining equipment maintenance costs range from around 30 to 50 percent of overall mine operating costs — and are increasing steadily. When a single cost category carries so much weight, it deserves attention.

Mining companies in nearly every stage of the mining cycle rely on parts, equipment, and supplies — and lots of them — to do their work. Downtime at any time is costly. A Computerized Maintenance Management System, or CMMS, is essential to help ensure mining equipment, accessories, and even fleet vehicles remain on the job,…

Mining companies typically spend between 30 to 50 percent of total operating costs on mining equipment management and maintenance. Any operational element responsible for such a substantial cost share warrants your attention. By improving asset management and maintenance, mining companies can lower costs and risks while boosting productivity and safety. Here are five benefits of…

Mining companies have gone from spending 1% of revenue on IT in 2015 to an estimated 10% in 2020. Considering that mining maintenance costs alone can run from 30% to over 50% of total mine operating costs, it makes sense to direct some of that spending to the activity responsible for half its costs.

Four Ways a Mining Equipment Management Solution Drives Down Costs When you can draw a direct line from the activity to the bottom line, it’s easier to justify the investment. Since the line between effective equipment and asset management and the bottom line of your mining operation may not be overtly obvious, we’re here to connect the…