Increase your mine's productivity

 

 

  • current state
     

Mining for profit

We're all painfully aware that the mining industry is experiencing difficult and volatile times. You're facing lower commodity prices, bearish forecasts, increasing costs, and lower productivity. In fact, in 2012, the industry earned the lowest net profit margin since 2003.

 

 

 

proof
 

Understand the present
so you can change the future

Mine: a confidence crisis, aggregated results of companies, 2012 vs. YA, PwC.

 

 

  • next step
     

Squeeze more value from
what you've got

In order to improve margins, the industry is changing focus—from CapEx to OpEx. Analysts all agree-it's time to stop making risky investments and pursuing more volume-and time to start controlling costs and fixing the productivity inefficiencies that grew over the past decade.

GE's mining customers are following this new directive and experiencing a 1-21% increase in asset availability and a 1-10% increase in throughput.

Mining case study

 

Major mining company increased fleet availability from 70% to 85%.

 

"Getting the most out of your assets is the new priority."

Mine: a confidence crisis, PwC.

 

 

 

 
  • innovate
     

Partner with GE to
improve margins fast

Improve your margins by using  Mine Performance, from GE Predictivity™ (formerly Proficy MaxxMine), a software and services solution delivered through GE's Industrial Performance & Reliability Center (Industrial PRC). An Industrial Internet solution that leverages your historical Industrial Big Data on all fixed and mobile assets and process circuits across all OEMs, the solution attacks both equipment health and process issues, working to eliminate equipment failure and stabilize, standardize, and improve processes at every phase of the mining value chain. The solution improves asset uptime, minimizes variability, optimizes throughput and recovery, and, in the process, reduces energy costs.

A full-service solution, Mine Performance reduces your risk by allowing you to leverage GE's central mining and software expertise to monitor all your local operations, globally. This makes it possible for you to obtain value fast and keep your focus on your core activities.

 

 

 

leadership
 

What's the buzz in mining?

 

Catch of the Week

Performance loss detected on a pump at a mining facility
 

In mid-May, the Mine Performance solution detected an increase in the speed of a pump at a mining facility. Given load and operational conditions, pump speed was expected to remain around 82% of full speed operation...

Download the Catch of the Week >

 

 

 

We had to explore all our options to improve our processes and equipment performance to improve productivity. With the Mine Performance solution, we can monitor our entire plant."

- Percy French, Lonmin

 

Intelligent Platforms Blog

Mining for profit
 

From listening and participating at our Mining & Metals Summit in South Africa, I certainly understand the pressure in the mining industry more deeply. Our potential customers–many just like you–told us that life is tough…

Read about how to manage your margins in this climate of austerity >

 

 

  • act
     

Contact a GE Mining expert

Our mining experts can discuss your equipment and process challenges and provide insight on best practices and new technologies to help you achieve your goals. Have a GE Mining Expert contact me.

 
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current state proof next step innovate leadership act



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