Increasing Profits With A Computerized Maintenance System ? Introduction

Any increasing number of restrictions are being placed on mining management's ability to pursue profit. Raw materials pricing, the cost of capital equipment, labor cost, and overhead costs, are becoming more difficult to control. Cost reduction is one of the few remaining areas in which management may still exercise its profit making ability. Equipment maintenance is an area where mine and mill management can readily reduce costs and increase profits. Why is this possible? First, maintenance costs comprise a large portion of total operating cost. Thirty to sixty percent of the operating cost dollar is not unusual. Even a relatively small percentage reduction in this cost represents a very sizeable increase to mining profitability.