A Step Change in Dragline Performance is Possible Safer. Greener. Lower Operating Cost

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 4
- File Size:
- 1339 KB
- Publication Date:
- Jan 1, 2016
Abstract
"In view of the decade long decline in worldwide mine equipment productivity and with heavy economic pressures and survival at risk, improvements for those remaining in the game are essential. The latest Multifactor Productivity data for the US mining industry indicates a continuing descent with Australia on a similar course. The world’s mining industry has a fleet of over 400 large draglines moving billions of tons of material annually. The most efficient use of this equipment resource will provide a competitive advantage to those companies who are committed to improving performance. A dragline monitoring system is a requirement for optimum operations. The monitor reports the facts. Focused actions can change the facts and create improved performance. Analyzing monitor data to build knowledge and create understanding is a beginning. Understanding the key productivity indicators for dragline operations and an effective benchmarking process are the basis for improvement. There is overwhelming evidence that adopting new technologies and concepts including AC drive technology can and will bring about a step change in dragline operating cost with improved production performance.STATE OF THE MINING INDUSTRY A high altitude review of the state of the mining industry provided by a study of multifactor productivity shows a continuation of lower and lower output year on year for the capital and labor inputs applied. The story is sadly similar for both U.S. mining and the Australian mining sector. In fact, according to PwC analysts the worlds mining equipment productivity has declined 20% over the past seven years. (Lumley, 2014) Although the reasons for the continuing decline in mining productivity are varied, the need for improvement is clear. The world’s mining industry fleet of well over 400 large draglines moves billions of tons of overburden and ore (phosphate, limestone, etc.) annually.This discussion will review a few of the tools available for improved productivity in dragline operations."
Citation
APA:
(2016) A Step Change in Dragline Performance is Possible Safer. Greener. Lower Operating CostMLA: A Step Change in Dragline Performance is Possible Safer. Greener. Lower Operating Cost. Society for Mining, Metallurgy & Exploration, 2016.