Simulating Mining and Operational Conditions
TacminMadini's expertise lies in applying the customer’s geological model, mine design, DTM's (digital terrain models), LOM plans and schedules to simulate mine site conditions in conjunction with mining project analysis software. This comprehensive simulation model provides essential data that forms the foundation for subsequent processes, ensuring that all variables are accurately represented and that the operation is modeled according to real-world conditions.
Evaluating Equipment Performance and Productivity
The simulation process extends to evaluating the performance and productivity of your mining equipment. TacminMadini evaluates trade-off comparisons of the same model, size, and type of equipment used by the client incorporating practical site factors and design parameters. This simulation allows for a detailed understanding of how various equipment models perform under specific conditions, helping to identify potential issues and determine best practices for maximizing productivity and efficiency.
Taking Benchmarking Further with Sensitivity Analysis
Building on our benchmarking process, TacminMadini takes it a step further by applying sensitivity analysis using Original Equipment Manufacturer (OEM) Life-Cycle Costs (LCCs). This detailed cost breakdown down to the granular level allows for extensive sensitivity analysis, enabling resource evaluations for multi-billion-dollar projects. By benchmarking against the Life of Mine (LOM) plan, the impact of various scenarios on the total LOM becomes clear, facilitating precise adjustments and informed decision-making throughout the project's duration.
Conclusion: The Power of Benchmarking Through Simulations
Benchmarking operations through sophisticated simulations is a powerful strategy for mining companies aiming to stay competitive and drive operational excellence. TacminMadini’s extensive experience, advanced simulation techniques, and sophisticated database-driven software provide a robust framework for identifying improvements and implementing best practices tailored to your specific operational needs.
Over several years, TacminMadini has developed comprehensive life-cycle costing models for more than 300 different equipment models and sizes, including hauling equipment ranging from 25 to 380 payload tons and shovels with bucket capacities of up to 45 cubic meters. These benchmark simulations are applicable to any type of operation, regardless of production scale and equipment size.
We look forward to demonstrating how our benchmark studies can add significant value to your operations. Contact TacminMadini today to schedule a consultation and take the first step toward optimizing your mining operations for enhanced efficiency, productivity, and cost-effectiveness.
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