Benchmarking and Mining Supporting Continuous Improvement

CIM Toronto 2009
Tom Demorest,
Abstract Benchmarking is an approach to improve overall mining industry performance. Assessing your equipment fleet performance vis-à-vis others can lead to insights which can be turned into higher productivity.

With the support of the Surface Mining Association for Research and Technology (SMART), an organization with some 28 mining firms worldwide and 4 universities participating, the SMART Benchmarking Project was initiated in 2003.

The vision for this initial effort is to provide low cost continuous benchmarking for surface mining. The project now has 9 participating mines representing operations in iron ore, gold, diamonds, coal and oil sands mining.

A newly implemented secure web based reporting format, where member companies can anonymously compare their performance data to others, is the latest development in this exciting project.

Benchmarking can provide your company with the means to leverage best practices in mining. This presentation will outline the SMART Benchmarking Project and provide you with the information you need to make a decision for your company to join.
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