Improving Underground Mining/Ore Extraction Projects ROI Through Process Control (097a598a-a331-4ffc-b2c8-3b163e1e8ae3)

- Organization:
- Canadian Institute of Mining, Metallurgy and Petroleum
- Pages:
- 34
- File Size:
- 697 KB
- Publication Date:
- May 1, 2004
Abstract
Key issues ? No business tool has greater potential to effect change and enhance profitability than process control. ? Successful businesses see process control as an integrated engineered system, designed and built into their business models from day one. ? The integration and use of process control sets the stage for years of compounded returns. ? Has been used for years to optimizing recoveries and minimizing waste. ? However, the mining/ore extraction sector has been slow to adopt integrated process control. What is the problem? ? Most executives and engineers do not clearly understand process control when applied to mining/extraction activities. ? Common approach has been to apply generic process control strategies as a blanket cure all and wait for it to pay off. ? No central focus which results in multiple group involvement, overlap and inconsistent application of questionable technology. ? Considered a low priority until production activities commence. ? Comfort in using brute force mining methods. ? An off-the-shelf integrated under ground mining process control architecture has not until recently been available.
Citation
APA:
(2004) Improving Underground Mining/Ore Extraction Projects ROI Through Process Control (097a598a-a331-4ffc-b2c8-3b163e1e8ae3)MLA: Improving Underground Mining/Ore Extraction Projects ROI Through Process Control (097a598a-a331-4ffc-b2c8-3b163e1e8ae3). Canadian Institute of Mining, Metallurgy and Petroleum, 2004.