Cut Costs, Whilst Improving Efficiency in Mining

As operating and capital costs rise, mining companies must drive financial discipline into their organizations more aggressively. Typical strategies include pinpointing cost drivers to reduce costs at both an enterprise-wide and a functional level, using analytics to improve asset efficiency to better plan and execute maintenance, which improves productivity in the process and, streamlining the supply chain to develop the pit to port to customer concept. To effectively do this you need to accurately monitor, analyse and manage critical cost areas.

Diesel fuel is one of the largest single operational costs to any open-pit mining operation. Fuel on a mining site is stored (Bulk tanks, bowsers), used (Plant, equipment) or misused (Wastage, leakages, theft). To improve usage efficiency and prevent misuse the location and authenticity of every litre should be automatically monitored, from the moment it enters the mine. With mines using up to 20 million litres/month, savings of 7.5% on diesel usage, using a Fuel Management System (FMS), can easily translate into millions. Important, and often overlooked, aspects of a successful FMS are design specifications and maintenance. If incorrectly designed or badly maintained, any FMS will become redundant. Fuel management consultants can be very helpful in this regard.

PetroMan South Africa has made it their purpose to develop world-class hydrocarbon management systems that are both cost-effective and user-friendly. PetroMan has supplied FMSs to the mining sector since the 1990s. Today PetroMan develops and implements robust and up-to-date hardware and software platforms in Africa. As an OEM PetroMan markets its unique fuel management solutions under the PetroMan brand, providing meticulous, real-time, measuring and reporting that allows clients to intricately control hydrocarbon usage.

“We have offices in Namibia, South Africa and Mauritius, as well as representation in Botswana, Zimbabwe, Ethiopia, Nigeria, Ghana, Uganda, Zambia, DRC, Kenya, and Malaysia & Australia. Our footprint in Africa is ever growing having implemented over 150 projects and/or maintenance sites throughout the region, spanning from South Africa to Egypt. We design and install various components, electronic devices and software on vehicles, dispensers and tanks. PetroMan can be custom-designed to accommodate a client’s particular fuel management needs as well as address all site-specific circumstances”, says Johan Pienewald, CEO, Ressource Solutions (Distributors of PetroMan in Africa).

Through integration with numerous ERP systems  PetroMan ensures that clients immediately benefit by reduction in ‘misuse’ losses and theft prevention, less leakage and spillage, less vehicle misuse and improved preventative maintenance, data input automation, increased productivity and extended engine life, as well as better overall fuel management. “Savings through improved efficiencies and reduced wastage, ensures that users typically pay-back their investments within months”, Pienewald added.

For world-class asset optimization solutions visit our web site www.petroman.global

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