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Abstract SYMPHOS 2011

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88<br />

Robert Hall,<br />

UBC CANADA<br />

REDUCING COSTS THROUGH BETTER ASSET MANAGEMENT<br />

The field of Asset Management is critical for mining companies if they wish to improve their bottom line. A key<br />

component of asset management is maintenance, which can represent from 25 to 45 percent of the operating cost<br />

of an open pit mine. Companies’ have expended varying amounts of effort to reduce these costs, using current<br />

trends such as Reliability Centred Maintenance, Total Quality Maintenance and Lean Maintenance to name a few.<br />

However, to date in the Mining Industry the results have been mixed.<br />

This presentation will give an overview of current trends and practices for maintenance management and execution.<br />

These will be examined with respect to their potential for success based on experience with and examples from<br />

several mining operations. The presentation will end with a discussion of a proposed path forward for companies<br />

to reduce their maintenance cost using a combination of basic and advanced tools.<br />

Frank S. Hicks,<br />

Technical Services Manager, Jacobs Engineering S.A. (JESA)<br />

IM-O-01<br />

AVOIDING PITFALLS IN FEASIBILITY STUDIES<br />

IM-O-02<br />

This paper will discuss the key elements in planning and executing a feasibility study. The paper will contain some<br />

examples of actual projects where a step was omitted or not performed properly - resulting in later problems with<br />

the project that could have been prevented.<br />

The focus of this paper will be on minerals and chemical projects that have been performed by Jacobs over the last<br />

20 years.

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