Mine Maintenance - The Cost of Operation

Singleton T,
Organization: The Australasian Institute of Mining and Metallurgy
Pages: 10
Publication Date: Jan 1, 1998
Increasing world competition puts pressure on sales volumes and prices. This in turn reduces potential profit margins. This in turn increases the focus on costs.Increasing demands on quality and service puts pressure on delivery performance - the right product at the right time. This in turn reduces the scope for errors and delays - and this in turn increases focus on equipment reliability. In the mining industry, both costs and equipment reliability have one significant thing in common - they are driven substantially by maintenance.
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