PwC, Australia's largest professional services firm, will be a major drawcard at the upcoming International Mining and Resources Conference (IMARC) on 22-26 September in Melbourne, when it shares with delegates valuable insights about how to boost mining productivity.
Dr Graham Lumley, PwC director of mining intelligence and benchmarking will be presenting at IMARC on Wednesday 24 September with his speech detailing performance trends and international comparisons in mining productivity.
PwC has conducted detailed analysis of twenty years of operating performance data from 136 open cut mines and 4,760 pieces of equipment globally. Findings from the research of data commonly used to measure productivity have revealed the mining industry wrongly equates enhanced productivity with cost cutting and increased volumes.
The research proves operating critical machinery more efficiently also makes significant inroads into boosting productivity.
PwC argues that improving maintenance practices on payload equipment can make the difference between achieving typical availability rates of 85% and achieving best practice of 90% or even higher.
Dr Lumley will be further expanding on these findings by also participating in a productivity-focussed panel discussion with Rob Hattingh, General Manager of Innovation at Iluka Resources and Nick Bowen, Executive Global Head Mining Services at Orica.
PwC will be highly involved across this year’s IMARC, acting as a platinum sponsor and hosting its own stand featuring an industrial-size mining simulator, bringing the mine-site experience straight to the exhibition floor.
IMARC is poised to be one of Australia’s most important resources conferences of 2014 with significant involvement from major miners such as BHP Billiton and Rio Tinto.