Mining Asset Management

The mining and resources sector is by nature a overly complex industry. Its processes and operations are intensive, risk-prone, and subject to uncontrollable weather conditions. Furthermore, the equipment used are large and complex, and are required to be used in hostile and extreme environments. It is therefore critical that equipment used in the mining and resource sector have to be maintained regularly to ensure they operate at peak efficiency and are safe for workers.

Machinery, equipment, and infrastructure that are operating correctly minimises the risk of accidents, breakdowns, and malfunctions. Our mining asset tracking solution supports our resources industry customers to improve workplace safety, optimise the reliability of key assets and enables the monitoring of consumable stock and spare parts. An essential tool to help organisations improve safety and compliance with statutory obligations through active monitoring of asset maintenance, efficient audit activities as well as regular calibration and scheduled inspections.

Maximising The Reliability, Uptime, And Performance Of Assets

Efficiency-focussed mining and resource extraction companies recognise the benefits of taking a proactive approach to asset maintenance and ensuring their assets remain in optimal condition. Hardcat’s preventative maintenance capabilities enable organisations to align the servicing regime to manufacturer specifications and industry best practice to ensure potential problems are addressed before they occur, and unplanned downtime is avoided.

This helps improve equipment reliability and reduces the need for emergency repairs, which can be disruptive, time-consuming and costly to the business. Reactive servicing, including scheduling of necessary repairs, is also supported. Our maintenance capabilities reduces the burden of maintenance scheduling and allows the business to take control and be proactive with their asset maintenance planning. In the mining context, key high value and mission-critical investments such as mining equipment, vehicles and plant are some examples where downtime has a direct impact on business efficiencies.

Key Features

• Inventory level monitoring and threshold notifications
• Associating recommended parts to a specific maintenance job
• Management of full ‘scoped audit’ jobs that can be delegated to individuals across the organisation
• Efficiently monitoring asset condition and reducing downtime
• Capturing maintenance costs associated with individual jobs (work orders)
• Recording of asset condition and risk profile via ad-hoc updates and/or scheduled condition and safety checks
• Integrated digitised work instructions associated with specific maintenance tasks
• Predefined maintenance activities in accordance with manufacturer’s recommendation
• Automatic forward scheduling of manufacturer recommended maintenance upon asset creation
• Active notification of forthcoming maintenance in preparation for execution of maintenance jobs
• Streamline asset purchasing and procurement
• Operational accountability through issuing of assets to individuals for assigned periods
• Complete audit trail reporting providing the complete ‘whole of life’ history of maintenance and repairs of any individual asset

Safety Reports And Compliance Audits

Safety is of paramount importance in the mining, oil, and gas sector. Complying with legal and environmental regulations is critical to the success of any organisation operating in this sector. Hardcat assets tracking allows you to keep track of your compliance. You can also generate safety reports and compliance audits. This helps organisations improve their safety records and reduce the chance of costly accidents and incidents.

Efficiently Managing Spare Parts and Tools

Spare parts inventory and tool management is critical to the mining and resource sector. Hardcat solutions assist with managing the procurement, receipt, storage, and issuance of spare parts and consumables. Mining, oil, and gas companies have been using Hardcat assets tracking solutions to streamline inventory, consumables availability, reduce costs, and improve tool management.

Extending Equipment Life And Increasing Safety

Condition monitoring functionality enables organisations to track the condition of their assets and identify potential problems before they occur. This helps organisations improve the overall lifespan and efficiency of their equipment. This means going from reactive to proactive maintenance operations. As a result, your equipment and machinery runs more smoothly and for a longer time, avoiding or at least delaying the costly process of replacement while improving workplace safety.

Mining Asset Management And Worker Safety

The mining and resources sector workers operate large, complicated equipment, use expensive and critical tools in climatically hostile and extreme environments. And with this mixture, mining equipment maintenance is no easy venture. The typical mine maintenance manager has to contend with many issues including continuous machine repair, aging equipment, reduced funds, and worker safety concerns. Checking for wear and tear, identifying performance issues, and potential problems is a lot of hard work if you do not have an enterprise-wide asset management solution in place.

Improve Return On Investment

The benefits of a comprehensive asset register that provides clear and accurate visibility of assets, tools, and equipment, while providing highly detailed tracking of utilisation and maintenance provides the organisation with:

• Accurate work order processing via mobility apps
• Increased security with worker accountability for equipment in their control
• Reduction in theft with the opportunity for charge back to contractors for missing equipment
• Compliance with regular mandated equipment testing (electrical and rigging tag/test regime)
• Work authorisation and priority setting
• Maintenance history recording and analysis
• Optimal asset utilisation and optimised inventory costs
• Improved revenue to cost ratios
• Improved reliability and therefore repeatability of performance
• Record PPE checks and never neglect or perform critical respirator maintenance incorrectly
• Predictable equipment lifecycle and understanding the Total Cost of Ownership (TCO)

Safety is a huge concern in the mining industry. When mining injuries, fatalities, or near-fatalities make national or international headlines, the issue becomes even more crucial. Hardcat’s software solutions assist in improving mining assets tracking, tool management, and enhances equipment reliability. Reducing downtime and improving worker safety. Choose Hardcat mining asset management for better assets and resources tracking.