A State Of Readiness

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(5 votes)

A rich vein of conferences that both supports and informs the mining industry exists in Australia.

Indeed, there are over 50 conferences planned to see out the rest of 2013 in Australia alone. So there are a lot of different prospects staking a claim for attention.

Yet one conference that should be high on the must-attend list is surely the inaugural Operational Readiness in Mining event being held by Mining IQ at the Duxton Hotel in Perth on the 17th and 18th of September.

The conference will showcase how an Operational Readiness framework can prevent millions of dollars being lost due to value leakage during the early stages of a mining operation.

According to the Event Director for Mining IQ, Elizabeth Li, the important aspects of an Operational Readiness framework include:

effective communication management
asset readiness
people readiness
processes and safety
effective alignment across different functional areas

“We are covering all the bases in terms of what delegates will need to take back in implementing Operational Readiness from the project stage right through to operations,” Ms Li said.

The Operational Readiness in Mining conference will feature a range of experts who are keen to share their experiences in taking mining projects from the design stage through to profitable execution and implementation. The featured speakers will highlight how they have utilised a structured Operational Readiness approach to not only reduce value loss and improve overall productivity - but also to ensure safety aspects throughout their projects.

Commonly, Operational Readiness (OR) is only considered during the construction stages of mining projects, when operations are about to commission and about to go live. This is when the realisation often occurs that the assets that have been built are not actually designed in a way that will deliver operational objectives. Ms Li said that the conference will address this pressing matter for the Australian mining industry.

“If implemented adequately, the take aways from this conference could have a positive impact on the bottomline for a lot of mining projects,” said Ms Li.

Through the case studies featured at the conference attendees will be made aware how OR should be integrated from early project stages to ensure operations ramp up to full capacity.

Ms Li related how being proactive in the mining industry is important so as to improve return on investment (ROI) and how this comes through implementing an OR approach.

Due to the current environment in the mining industry everyone is looking to cut costs, said Ms Li. She said that executives are keen to significantly increase ROI and projects that do not ramp up to maximum capacity result in millions of dollars of revenue being lost.
According to Elizabeth Li, operational readiness is being considered too late in many mining projects.

“The reason this is happening is because there is misalignment between the project team who handled the construction and the operations team who eventually run the mine site,” she said.

Planning for the unexpected is an integral part of OR. To have the operations team involved in the project right from the early stages is important.

Getting the people who are eventually going to run the mine involved in the project stages mitigates potential hurdles or unexpected problems that may occur.

Getting the operations team working together with the project team in the design stages allows for much more effective planning for the unexpected. However, what can be expected is that the inaugural Operational Readiness in Mining conference in September will have a positive impact on the future of the Australian mining industry.

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Is the mining boom in Australia over?

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Still plenty of resources.
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