The value chain of the mine requires every step to add value; not to be treated like a cost centre. Maintenance departments should not be a cost centre; they should be a value centre which increases value through improved availability of the equipment. Similarly mining departments should focus on wringing every tonne out of the equipment at the lowest possible cost; and so on across the mine. Every decision is an opportunity to add real value regardless as to whether it is a dragline, a bucket, shovel dipper, truck body, or choosing the right person for a job; you must look for the way to add value. It doesn t matter what your job title is; your primary job is to add value; more tonnes, lower cost, better safety, a happier and more productive work place, etc. Professor Michael Porter of Harvard Business School, who developed the value chain concept, has it spot on; if it doesn t add real, measurable value then prune it. It doesn t matter if it is a process or a person.
So what is Asset Optimisation of Surface Mining Equipment? Asset Optimisation is made up of efficiency (how much it is producing) and effectiveness (how well it is applied). On this occasion we will be focussing on efficiency. Therefore for this conference, Asset Optimisation is defined as,
Understanding and delivering equipment capability in performance and cost .
Questions to ask:
- Do I know what my equipment is really achieving?
- What is my equipment capable of achieving?
- Do you know what world-class performers are doing?
- How do you compare to world-class performers?
- What has the greatest impact on shareholder value for you?
- How do you deliver real, lasting improvements?
- How can you improve the reliability and safety of your equipment?
- Where are hidden improvement opportunities; how worthy are they?
Asset Optimisation is certainly an overused term and rather than represent a real, measurable outcome Asset Optimisation in many quarters has been hijacked to now represent business improvement processes which may or may not have measurable outcomes.
Consequently we have titled this conference Adding Real Value .
This conference is about providing attendees with an advantage. Every person s job is about adding real value and this conference will enhance your ability to do this. It is about providing knowledge and up-to-date information on what surface mines are achieving with their equipment; and what suppliers and organisations around the world are doing which can add real value to your operation. Milwaukee has been chosen as the venue to allow visits to Bucyrus, P&H and Cat facilities (in Peoria).
GBI will be presenting the latest information on what your equipment is achieving around the world. Bucyrus, P&H and Cat will be presenting their latest developments as well as Leica, Modular Mining and Mineware presenting information on how you can use data to increase your output and reduce costs. Senior mining people will be presenting on what has been done on their mines. Most importantly every presenter will be focussing on actual results.
Attendees can also choose to attend one of three workshops on the Friday morning; Adding Real Value with your People ; Adding Real Value with your Data ; and Adding Real Value with your Cost Accounting .
In addition, attendees will receive a 12 month subscription to highgrade.net (valued at A$270) as part of their registration charge. HighGrade is Australasia s weekly online mining magazine delivering to readers mining industry news from around the region, and the globe. HighGrade digs beneath the daily headlines, stock exchange announcements, price moves and indicators, to bring readers fresh insights into the exploration for future mines, new projects under development, operating mines and their owners, leading industry figures, and the technology impacting development and operating costs and schedules. The weekly e-magazine also has a unique focus on the mining services and supply sectors, covering engineering, consulting, IT and equipment manufacturing and distribution.
If you don t know what others are achieving how do you know what your equipment s capability is?
If you don t know the latest and best developments how can you match what others are doing?
WHO SHOULD ATTEND: This conference is designed for decision-makers including:
senior mining executives directors department, divisional or project managers professionals who are currently, or will be, involved in business improvement in open cut mines mining analysts
geologists mining engineers finance and HR managers
This conference comes with the same money back guarantee as all GBI services; if you don t think it provided you with valuable information and knowledge then we will refund your registration fee unconditionally.
Dr Graham Lumley
BE(Min)Hons, MBA, DBA, FAUSIMM(CP), MMICA, MAICD, RPEQ GBI CEO and Conference Chairman
About the Conference Chairman Dr Graham Lumley Graham graduated with a Bachelor of Engineering (Mining) with First Class Honours from the University of Queensland in 1985. He worked for MIM s (now Xstrata) coal division before joining the Australian Dragline Performance Centre (a division of ACIRL) in 1990. Graham developed unique expertise in physical modelling of dragline buckets as well as analysis of dragline production data. In 1995 he joined CRA ATD (now Rio Tinto) in their Mining Technology group. He worked for the Wright Equipment Company before starting GBI in 1999. Since starting GBI, Graham has overseen compound growth of 24% per year over a 10 year period. Graham was awarded an MBA with Dean s Commendation in 2005 and a DBA in 2008 for his study into the selection of Equipment Operators for Large Mining Equipment. Graham has consulted to most of the large mining companies around the world and is in demand for speaking at mining conferences. He is a regular columnist with Highgrade.net writing about the productive performance of mines and equipment around the world. He will be speaking at the commencement of each day as well as giving a speech on the History of Asset Optimisation in Surface Mines 1840-now at the Conference Dinner. He is also facilitating one of the workshops on Friday Morning 5 November Getting the Most from your People which is based on the work which was recognised as one of the 50 most significant Engineering Achievements in Australia in 2009.
Conference Highlights
Focus on results not process Gain knowledge on best practice productivity from around the world Gain an understanding of best practice implementation strategies Learn the proper way to do life cycle cost modelling Hear about a human factors engineering project which was judged one of the 50 outstanding engineering achievements in Australia 2009 Meet site people who have improved productivity / reduced costs Liase with suppliers who have products which have proven productivity and cost benefits Visit Bucyrus / P&H / CAT facilities
Visitors profileChief Executive Officer, Chief Operations Officer, Managing Director, Director, General Manager, Mine Manager, Mining Manager, Maintenance Manager, Technical Services Manager, Principal Engineer, Superintendent, Mining Analyst, Geologist, Senior Mining En
Relevant KeywordsMining, Asset Optimization, Equipment Performance, Business Improvement