Getting the most out of a mine, in pure business terms, over its life and at any given point in time is the question ubiquitously posed by Mine GMs, Mining CxOs and Operational Managers. Mineral Resource Throughput Management (MRTM) is the highly successful and predictable approach to eliminating variability in Mining Operations. It has delivered dramatic EBIT, Throughput and “Life of Mine” improvements, often without significant capital expenditure.
Operating sites have endured waves of Business Improvement initiatives and while some of these have delivered benefits, they have typically focused on spot solutions and procedural improvements rather than concentrating on how ore can be mined, processed and sold optimally in a sustainable manner. Most improvement approaches fail to consider, in an integrated manner, the nature of the ore and the ore body, the flow of materials and specifics of the related processes.
BEDROCKmg’s MRTM practice focuses on the “Return on Reserve” over traditional “Cost or Capacity based” perspectives. MRTM optimises Product Payability by :
MRTM applies product payability attribute and TOC flow principles to the mining value chain in an integrated manner, addressing physical and non-physical characteristics to minimise variability.
Importantly, by “focusing on optimal EBIT with what we have – from the deposit to saleable product(s)” MRTM is able to deliver major improvements without significant capital expenditure.
It is true optimisation, focusing on sustainable EBIT for the operation, with the five key areas of Product Payability attrition addressed. These are:
Over 3 fold increase in Payability
Up to 700% increase in ROM tonnes
25% - 50% improvements in Yield, ROM, Product, LOM, Over 100% EBIT improvement
Variation in product quality reduced by 50%. Enabled closure of one blast furnace
Improved ROI from 7% to 43% and decreased cost per ton from R246/ton to R173/ton
35% ROM production improvement
We know natural resources