Opportunities for cost savings in the mining industry

"The resource industries in Canada are facing increasing global competition and stringent environmental regulations. This has made it essential for companies to lower operating costs wherever possible. Electrical energy rep-resents one variable cost that may be better managed and utilized, providing the user with lower operating costs, improved productivity and better yields.The utility industry is also facing changes in the way it must do business. Utilities in North America are facing the prospect of deregulation that will eliminate the monopoly they have traditionally held. This will force them to strive for lower operating costs, to maintain a competitive position and to improve customer ser-vice so as to maintain their customer base.Ontario Hydro has been working with industry for several years. Many opportunities for cost savings have been identified involving energy efficiency, process improvements and the use of new electro technologies. One useful service that the utility can offer industry is to increase the awareness of potential opportunities suited to their operations. This paper will provide an overview of some of the projects that have been implemented and those that are presently being evaluated. An electronic data-base of electro technology applications that is under development will also be described."