The expense of preventative maintenance is a worthwhile investment & very effective when the costs of lost productivity and human injury are brought into the equation. Reliability of mining equipment translates into more value derived from that equipment over time, with fewer costs associated with it, both human and financial.
The Cost of Defensive Maintenance
Too many mining operations are simply playing defense when it comes to equipment maintenance; inspections are done on an irregular basis, and repairs occur only after an asset in the equipment fleet breaks down. Every hour that a machine is down for maintenance or repair is an hour during which it isn’t drilling, hauling or digging, and that downtime is usually longer for major failures. All the while, that equipment is depreciating in value as well. Minimizing equipment downtime through a proactive maintenance routine can help maximize profit per ton. Continue reading “How Preventive Maintenance Increases Mining Operations Safety”