Focus on fully mechanised systems rather than retrofits, advises consultant
South Africa’s platinum mining sector would benefit more from implementing fully mechanised systems than from retrofitting existing systems or making use of hybrid systems, Tomahee Consulting senior consultant Alastair Macfar-lane said last week.
Speaking at the Southern African Institute of Mining and Metallurgy’s Mine Planning School conference, in Johannesburg, he pointed out that, even before the crippling five-month strike, South Africa’s platinum industry was 40% unprofitable and, therefore, something had to be done to revitalise the sector.
To effectively deal with the challenges faced, Macfarlane suggested that planning, in the near term, had to be less strategic and more operationally focused.
Planning also had to focus on cash flow generation in the short- and medium term.
Macfarlane added that it would be important for platinum mining companies to look at the economics to determine the true impact of the platinum industry strike, adding that any future decisions had to be based on sound economics and those decisions had to focus on optimising a company’s mineral asset portfolio.
“Then we need to look at and answer the question about where we are going with mechanisation,” he stated, emphasising that one size did not fit all.
Retrofitting is not a good idea. We need to look at global best practice and bring that into our greenfield operations,” Macfarlane said, explaining that retrofitting or hybrid systems – which were what was mostly being implemented in South Africa at the moment – were not ideal, as they had too many constraints, with only marginal opportunities for improving the systems.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















