Resources

There’s a saying in maintenance: if it’s not documented, it didn’t happen. Most people nod when they hear it. Fewer truly understand what it means—until something goes wrong. Let me share a real example.   One day, a flotation circuit experienced a pH runaway. Not a...

One of a company’s main jobs—besides promoting social well-being—is to turn a profit. In the world of mining, the price of the concentrate you dig up is set by global markets. That means your mine can’t exactly haggle with the London Metal Exchange. But what is in...

Wishful thinking in investments There are many indicators for investment feasibility: IRR, NPV, free cashflow, etc. These are all taken into account when making  decisions. Sometimes the need for investment is greater than the financial implications are. If the need...

When entering the shutdown, one of the first things is to lock- and tag out the equipment where the activities are about to happen. Companies have used endless amounts of hours to create LOTO procedures that ensure the safety of the people working with the equipment....

Such a great impact that most of the mining companies will announce oncoming big shutdowns on their quarterly report presentations. Why is that, all we do is little bit more component change outs than normally, how come it can affect EBITDA and NPAT so greatly then?