Replacement Of The Existing Merensky Reef Operations At Lebowa Platinum Mines: An Integrated Business And Operational Readiness Approach

The Southern African Institute of Mining and Metallurgy
O. Y. Ntrama
Organization:
The Southern African Institute of Mining and Metallurgy
Pages:
6
File Size:
581 KB
Publication Date:
Jan 1, 2006

Abstract

Lebowa Platinum Mines has been in operation since the late 1960s and is a relatively small producer compared to Anglo Platinum?s other operations. The mine has never had substantial capital investment to expand its production scale even though its resource base is estimated in excess of 100 years at current mining rates. It is forecast that the mine will become unprofitable after 2008 due to the workings of the ageing infrastructure, the Merensky Reef operations being further from the shafts, decrease in productivity and increase in operating costs. In order to reverse the forecast decline in operational inefficiencies and profitability the replacement of the Merensky Reef operations at Vertical and UM2 shafts with the development of a 120 Ktpm Brakfontein Merensky Reef Mines is in progress. This paper covers the operational readiness framework developed from the control budget estimate and outlines an integrated business process adopted to ensure that the requirements of the investment proposal are met. The operational readiness framework, which addresses the transition process, will ensure that at operational start-up, all appropriate operating systems, procedures, information and legal requirements are in place, whereas the business integration process will aim to develop and sustain an organization with the appropriate infrastructure and workforce equipped with the necessary skills to meet Brakfontein?s requirement, and where possible embark on an optimized accelerated production initiative to ensure that the objectives of the investment proposal are sustained. Keywords: operational readiness, business integration, optimized accelerated production initiative, organizational development.
Citation

APA: O. Y. Ntrama  (2006)  Replacement Of The Existing Merensky Reef Operations At Lebowa Platinum Mines: An Integrated Business And Operational Readiness Approach

MLA: O. Y. Ntrama Replacement Of The Existing Merensky Reef Operations At Lebowa Platinum Mines: An Integrated Business And Operational Readiness Approach. The Southern African Institute of Mining and Metallurgy, 2006.

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