Controlling Costs in Mining: How to Make More Money
It's no secret that mining operations are 28% less productive today than a decade ago (McKinsey). As a result, mines have been trying to cut the costs incurred to produce mining output or attempting to increase output at no additional cost. Both strategies have proven to be challenging; until now. Advancements in technology have changed everything. Controlling costs on a mine site is now a matter of investing in the right solution for your operation.
Cat® MineStar™ is the industry’s most comprehensively-integrated mine operations system. Consisting of operations and mobile equipment management systems, MineStar is configurable to any type of mine, of any size.
How does MineStar make me work smarter?
With MineStar, you control your entire mining operation by tracking and monitoring assets, at any level, and sharing data seamlessly between capability sets. For example, if HEALTH discovers that one of your haul trucks is down due to a mechanical problem, it can share that alert with FLEET.
This deep integration is what gives the Cat MineStar System unparalleled flexibility and both broader and deeper capabilities than other mine management system available on the market today.
Having quality equipment that you can rely on is one way to control costs. It doesn’t get more reliable than the Cat 773G off-highway truck. Here's everything you needed to know about this incredible machine.
Put your best performance on repeat every time with MineStar FLEET. This fleet management technology analyses operational and equipment data to give you big-picture insights into how your entire fleet is operating.
Track fuel usage and cycle times to improve fuel efficiency, which adds up to massive savings over the course of a year;
Create custom real-time dashboards that deliver accurate information suited to your mine site’s unique load/haul system, which will give you the information you need on a daily basis to make cost control decisions;
Have your pit supervisors check against daily ‘cost control’ goals in real-time, during the shift, not after, allowing them to take immediate action.