So You are Investing in a Mining Project - What Usually Goes Wrong

By: PERFORMANCE ASSOCIATES INTERNATIONAL Views: 5265 Downloads: 135
Author: Performance Associates International, Inc. Whitepaper/Case Study
Mining ProcessPlant Operations Metallurgy Training Start-Ups

Download



The geology report, feasibility study, and mine plan look great. Why do so many mining project start-ups fail to perform? Most mining companies put a great deal of emphasis on the nature of the reserve, the mine plan, the extraction process to be used, and the process plant design—obviously all very important. Even when large, highly regarded engineering, procurement, and construction firms develop the project, operating results are very often disappointing. In this paper, we explore the role of Operations Readiness on the financial impact of mining project start-ups. A relatively small investment in operations readiness produces a huge financial return. Many investment firms, as well as mining company senior executives, fail to consider this important factor in operating success.




RELATED RESOURCES



Air-Swept Vertical Roller Mill Training
PERFORMANCE ASSOCIATES INTERNATIONAL

Three dimensional animations integrated into a process plant computer-based training program can greatly enhance trainee understanding of process equipment. This is an example ... Read more


Gold Mill Grinding—Example of a Detailed eLe ...
PERFORMANCE ASSOCIATES INTERNATIONAL

This video provides an example of the content and structure of a Performance Associates International computer-based operator training program. In this video, we focus on th ... Read more


Maintenance Cost Control—Is Your System Acti ...
PERFORMANCE ASSOCIATES INTERNATIONAL

Although many mines and processing plants have sophisticated maintenance cost information systems, cost control relies ultimately on management actions based on the informatio ... Read more


Gold and Silver Recovery—Carbon Adsorption T ...
PERFORMANCE ASSOCIATES INTERNATIONAL

Founded in 1983, Performance Associates International (PAI) is the worldwide leader in mine and plant industrial training. Our custom interactive modules have improved start-u ... Read more


Preparation of Effective Computer-Based Operator T ...
PERFORMANCE ASSOCIATES INTERNATIONAL

Effective plant-specific computer-based training (CBT) used in a formal training program can make the difference between a successful start-up and a failure. Or, in the case o ... Read more


Primary Crushing Training Module
PERFORMANCE ASSOCIATES INTERNATIONAL

In this training module, Performance Associates International (PAI) covers the characteristics of a gyratory crusher that’s designed to be the first stage in the size reduct ... Read more