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study is focused on this question and aims specifically to identify the key factors that contribute to the success of such initiatives. 2. Methodology Management of innovation in mining is subject to the influence of several factors. We have identified nearly 20 of these in our review of the literature [11].

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(local/export), customers, and mining locations. Products differentiation, capability to obtain long-term contracts with various customers, as well as having several mining locations will ensure the company's stream of revenue and disperse its business risks. Operating Management.

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Introduction of innovative mining equipment must now meet the double challenge of improving both productivity and OHS. However, innovative equipment does not by itself ensure success. The aim of this study is to identify the key factors that underlie successful introduction of new equipment in …

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Success in this environment will depend on a business’ ability to react quickly to market changes. This can be achieved by focusing on key success factors such as: A strong balance sheet – A business’ ability to absorb operational shocks or interuptions is directly related to its balance sheet, so it’s important to increase management’s focus on working capital, asset utilisation and gearing levels.

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The four major minerals produced using mining equipment are coal, copper, iron, and gold. These four minerals account for 87% of all mines using heavy mining equipment and for 88% of the population of large mining machines.

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Influencing equipment performance through maintenance metrics Successful sites use key measurements to improve availability. The primary deliverable for any mine maintenance organization is available hours that the operations department can use to meet its production goals.

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