Reasons Why CSR is A MUST-TO-DO!

Reasons Why CSR is A MUST-TO-DO!

From community’s perspective, mining companies need to provide a mechanism of compensation for the social and environment costs associated with mining. The costs are associated with environmental impact of the industry, higher food and housing costs, and social impacts from the increase number of workers living in the area.

There are some benefits of doing CSR programs for the mining companies. First, to build better relations between local communities and them. With good relations, economic risks (for example: project delays) can be avoided. According to the World Bank, the mining industry has become a very technologically complex sector which […]

7 Good reasons why your company needs Enterprise Asset Management (EAM) System

7 Good reasons why your company needs Enterprise Asset Management (EAM) System

Application of Asset Management System can have many benefits to your company, including the following:

1. Good Business Practice.
Asset management results in better decisions. Aligning management of infrastructure with strategic policies and direction will support the long-term success of the utility’s mission, goals and objectives.

2. More Meaningful Financial Reporting.
An asset management approach can aide a utility in complying with company requirements.

3. Improved Regulatory Compliance.
Part of asset management involves the implementation of better O&M practices, which can significantly improve compliance.

4. Improved Reliability.
More structured day-to-day attention to system assets and their condition means […]

Save cost by using the right lubricant for your machinery

Save cost by using the right lubricant for your machinery

For mining industry in North America only, the potential savings could reach up to US$29 million from the impact of using the correct lubricant for machinery.

A recent industrial research found that 96% of mining companies experiencing unplanned equipment shutdowns in the last 3 years. with half of the acknowledging this due the incorrect management & selection of their lubricants. This is having a direct financial impact, at a time when cost competitiveness is a priority for mining companies.

Renée Power, the Shell Global Sector Manager for Mining, said; “40percent of the companies we surveyed estimated that they had incurred costs of at […]

10 steps to secure your heavy equipment during the holiday

10 steps to secure your heavy equipment during the holiday

During the holidays, office and mining site are usually on a little break and left unattended. Make sure everything is secured and ready to start whenever your business is open again.

Have you tested your CCTV working and visible during nighttime/dark
Check all the lightings around your valuable equipment?
Do a stock inventory of all assets before going for the holiday.
Check your fences & gates complete the surrounding.
Positioned lighter machinery into more secure areas and blocked by larger one.
Make sure sensitive machinery is covered.
Double check the communication in and out from your warehouse.
Talk to neighboring businesses and help each other by trading contacts among the securities.
If […]

Bringing the benefits of mobile computing to the mining industry

Bringing the benefits of mobile computing to the mining industry

The mobile technology is becoming increasingly important in the mining sector.  The challenge is that mining environment isn’t always conducive to the needs of sensitive equipment like smartphone or tablet.

Moreover creating an infrastructure that supports mobile technology in a mine holds many challenges, but they are challenges that are being met.

Mining is an industry in transition and technology is increasingly being employed in order to meet efficiency goals.

This is a significant period in the history of mining, an industry that has historically enjoyed high margins. Due to the increasing challenges in finding and extracting natural resources the industry is now […]

Improve your efficiency of resource consumption and save your money

Improve your efficiency of resource consumption and save your money

Efficient use of resources is an essential part of business sustainability. Reducing your energy and fuel consumption will reduce costs as well as improving your environmental sustainability performance. For many businesses energy and fuel savings can be made throughout its operations. Inefficient use of raw materials might be the biggest issue for others.

Sustainable practice in resource efficiency
Systematic approach

A systematic approach to resource efficiency can help you achieve big savings in areas they are needed.

Measure and analyse your resource usage
Decide where to target improvements
Plan, implement and evaluate improvements
Sustain and build on them.

 

Fuel consumption

Many businesses have reduced fuel consumption by educating their […]

5 Tips to improve your heavy equipment lifetime

5 Tips to improve your heavy equipment lifetime

Heavy machinery is an expensive piece of equipment that needs a lot of attention to help them working at an optimum level of performance.

Having a damaged equipment cost a fortune for the company to fix includes the loss of production time which is even a bigger loss.

Here are some tips to help you improve asset lifetime and prevent them from major breakdowns.

1. Know the Limit

Equipment also has work load capacity & stress level, having this information would help you prevent them from getting overworked. The operator’s manual is the best place to start to get the right information about the […]

Why cloud computing will help your business

Why cloud computing will help your business

Do you really want to spend thousands of dollars on a server, server administrator, backup, maintenance, network, security and other related expenses to run an application supposedly to help you become more efficient?

By using cloud application you switch capital expense to operational expense, no infrastructure & development expenses, you pay as you go.

What are the benefits of having an enterprise type of application runs in the cloud?

1. Reduce and even elude long & tiring development time, you can start using the application immediately, a change request may be treated as an update or extra services and customized while you begin, […]

Late maintenance definitely means more expenses

Late maintenance definitely means more expenses

The terms “Predictive maintenance” is already replacing scheduled maintenance as a way to keep your asset in top performance, yet many companies still in late maintenance mode.

Being late is mostly not done on purpose instead, it was due to lack of real-time information.

What would happen due to late maintenance?

Void in warranty, license & permit, damage, overworked asset, reduce the lifetime and operation shutdown,

What are the things you need to keep notified concerning assets?

1. Warranty expiry

2. License expiry

3. Permit expiry

4. Maintenance schedule

5. Spare part replacement schedule

6. Audit inspection schedule

 

 

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Did you get an accurate asset expense report?

Did you get an accurate asset expense report?

Did you spend many hours every month just to validate your company’s asset expenses? Making sure all the claims are valid, comparing historical records and eventually ended up draining million & billion of cash without any assurance that the expense is truly worth the performance.

What makes asset expense claim valid?

1. Asset operator needs to relate specific asset with a specific claim, with Barcode or RFID tag remove the chance of getting false claims.

2. Attach photos as proof of claim. Photos are good evidence to back the claim, watermarked photos even better with geotag, timestamp, username, company logo.

3. Automatic report generation. […]