Saturday, 20 July 2019
The Secret Behind Anglogold Ashanti’s Operational Improvements

The Secret Behind Anglogold Ashanti’s Operational Improvements

Editorial from the Australian Mining Review February 2018

Three years ago, when many other operators where busy cutting costs, AngloGold Ashanti (AGA) Chief Operating Officer, Ludwig Eybers, had the foresight to place four of its open pit mines on a different trajectory: operational excellence. Today that decision is paying off in spades.

Under the expert guidance of AMC Consultants’ Improve team, the operations implemented tailored business improvement initiatives that have lead to improved operational insight and decision-making, a stronger familiarity with operational behavior, and an increased understanding of site interrelationships.

The numbers speak for themselves. One continental African operation saw a 54% improvement in drill fleet operating efficiency. That is a whopping 2,500 annualized operation hours in an area that was identified as the bottleneck of the operation and therefore the most important area of focus. Similarly, one of the Australian operations recorded a year on year improvement in average daily movement (BCM) of 24% last year compared to 2016.

“AMC’s benchmarking studies, in conjunction with its detailed operational analysis studies at AGA’s Continental African Region operations provided us with insights into the key drivers of open pit mining performance and the potential operating cost savings that could be realized,” Mr Eybers said.

“AMC were able to provide an independent analysis of the current and future cost bases for each operation, providing valuable input to AGA’s mining task force project.”

To find out how AMC’s unique Improve approach could help uncover hidden value in your operation, see their Improve offering.

 

Image
893
«July 2019»
MonTueWedThuFriSatSun
24252627
27/06/2019 4:00 PM - 6:00 PM
6374

Rio Tinto Smart Mining Networking Event

Location: Novotel Perth Langley, Adelaide Terrace, Perth WA, Australia

Read more
282930
1234567
891011121314
1516
16/07/2019 5:00 PM - 6:00 PM
6342

Austmine New Member Welcome - PERTH

Location: Public House, Adelaide Terrace, Perth WA, Australia

Read more
1718192021
2223
23/07/2019 12:00 PM - 2:00 PM
6476

Bloomfield Coal CEO Leadership Lunch - EVENT FULL

Location: Swissotel Sydney, 68 Market St, Sydney

Read more
2425
25/07/2019 5:00 PM - 6:00 PM
6343

Austmine New Member Welcome - BRISBANE

Location: Little Big House, Grey Street, South Brisbane QLD, Australia

Read more
262728
2930
30/07/2019 12:00 PM - 2:00 PM
6445

Gold Road Resources CEO Leadership Lunch - EVENT FULL

Location: Parmelia Hilton Perth, Mill Street, Perth WA, Australia

Read more
311234

Filter Events

Filter:

Filter by Categories


Reset Filter

GET SOCIAL

SUBSCRIBE to our newsletter

Loading

Austmine

 

OZ METS Hub

WonderWebs.comTerms|Privacy|Copyright © 2019 Austmine | Mining Equipment, Technology and Services (METS) Sector
Back To Top