Taking Inco into the 90s

Canadian Institute of Mining, Metallurgy and Petroleum
Walter Curlook
Organization:
Canadian Institute of Mining, Metallurgy and Petroleum
Pages:
2
File Size:
1593 KB
Publication Date:
Jan 1, 1990

Abstract

"With Inco recording record profits over the past year, most people have forgotten the painful years of the last recession/depression when Inco was losing up to a million dollars a day for a short period . While high nickel prices have contributed to the exceptional recent profits, the real achievements stem from the tremendous advances in productivity and cost improvements that make Inco one of the lowest cost nickel producers.Some of the major advances in productivity have occurred in the mines. The establishment of Mining Research Departments in both Thompson and Copper Cliff in 1979/80 provided the stimulus and the opportunity to dedicate personnel to specific research projects, on a full-time basis; and more particularly to concentrate on the efficiency of the total mine system. The Copper Cliff North Mine was brought back into production as a research mine dedicated to the development and testing of new mining methods and equipment. A shop facility known as the ""Murray Shop"" was set up as the centre of innovation for the development and construction of prototype equipment required for new bulk mining methods. While other expenditures were being curtailed , investment in mining research was being increased. An early success was an ""in the hole"" drill that could be broken down into small components to access even the remotest sectors of a mine to convert labour intensive undercut-and-fill mining to "" vertical crater retreat "" , VCR, bulk mining. A new mine manufacturing company-Continuous Mining Systems-was incorporated with the objective of building innovative mining equipment, with strong focus on automated continuous sytems. Continuous Mining Systems has now grown to a $25 million per year business. With these synergistic thrusts, the VCR bulk mining method was implemented in all of the Ontario Division mines, raising the percentage of ore mined by bulk mining techniques from 320/0 in 1981 to over 90% today. Coupled with re-designed job responsibilities, sup- ported by appropriate training, mine productivity more than doubled. It was discovered that VCR mining could be adapted to the narrower Thompson mine ores with identical improvements in productivity. Development of the Thompson Open Pit North had an additional favourable impact on production cost s in Thompson. The timing of the open pit development could not have been better. It permitted Inco to rapidly increase production at high productivity and low cost, in years of record demand and prices."
Citation

APA: Walter Curlook  (1990)  Taking Inco into the 90s

MLA: Walter Curlook Taking Inco into the 90s. Canadian Institute of Mining, Metallurgy and Petroleum, 1990.

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