The transition to greener technologies is strongly dependent on raw elements like cobalt and lithium, which are now mainly acquired via mining The metals and mining industry is uniquely positioned to play a critical role in achieving a sustainable world. Learn more.
“Start small and think big” is advice often given to startup companies. And it makes sense—up to a point. When you select business management software to support your young mining company, starting small can end up inhibiting your ability to grow your mining operation with maximum efficiency (and profitability). So, here we offer five reasons to think smart, not small, implementing a mining ERP solution early in your company’s operation.
As the global economy has started to recover from the pandemic, metals and mining prices have gone up. The breakthrough of pent-up spending, new government stimulus programs, and an accelerated global energy shift has prompted an increasing demand for most metals. However, there are also risks for miners in 2022.Let’s look at the mining sector and considerations for improvement as we lay a foundation for tomorrow.
Mining equipment maintenance costs range from around 30 to 50 percent of overall mine operating costs — and are increasing steadily. When a single cost category carries so much weight, it deserves attention.
Mining companies in nearly every stage of the mining cycle rely on parts, equipment, and supplies — and lots of them — to do their work. Downtime at any time is costly. A Computerized Maintenance Management System, or CMMS, is essential to help ensure mining equipment, accessories, and even fleet vehicles remain on the job, safe, and performing optimally. We’ve assembled seven must-haves when choosing a CMMS for your mining company.