Identifying Profitability And Safety 'Hot Spots' On Your Mine - Introduction
Organization: The Southern African Institute of Mining and Metallurgy
Jan 1, 1996
Successful management of mining operations depend on the accurate and reliable measurement of performance as a monitoring instrument in a feedback and control loop. However, when changes are being considered, the probable effect of the change on bottom line results requires different measuring techniques incorporating an in depth understanding which can identify hot spots in the operation which exhibit strong sensitivity to change. The CSIR's Division of Mining Technology has therefore been devoting a considerable effort to the establishment of techniques which enable changes to be analysed in terms of their impact on the two key parameters describing mine performance, i.e. profitability and safety. This paper describes these techniques, outlines their application to some example situations and discusses planned enhancements. The first section of the paper addresses the profitability model, and this is followed by a section considering the mine safety model.