THE CHALLENGE:
To support our client’s plan for the expansion of operations, at one of their gold mines, EnterpriseIS was engaged to develop lifecycle cost models for all of its Mobile fleet, that would be used as cost predictors in the development of a future state mining operation.
The Mobile eqiupment is often one of the biggest capital costs for large scale mining operations, with significant operating costs throughout its lifecycle.
Through the development of effective lifecycle cost models, the client was wanting to accurately model the expected mine expansion costs and seek financial approval.
THE SOLUTION:
Using data gathered over the past 10 years working with mobile mining fleets, along with the EnterpriseIS lifecycle cost model, the team was able to commence the development of models for each fleet type, which identified yearly figures and totals for the following:
- OPEX Labour and material costs
- CAPEX Labour and material costs
- Estimated Breakdown Labour and material costs
- Availability and Utilisation (including life averages)
- Costs per operation
The model also generated whole of life asset strategy requirements, including expectated component usage.
THE RESULT:
- Completed lifecycle models for mining mobile fleet equipment (CAT & Hatachi Haul Trucks, CAT Water Trucks, CAT Graders, CAT Dozers, Hitachi & Liebherr Excavators and EPIROC Drills)
- Yearly and annual costs for each mobile fleet, programmed out to any year up to 30 years
- Whole of life asset strategies developed including estimated consumable / component usage
Mine management was able to use this information to plug into the mine operating models, to support the approval process for mine expansion.