M2.0 Mining Effectiveness Benchmark
Global standard for benchmarking mobile equipment in the mining industry.
Global Mining Operational Effectiveness Benchmark
Join this first of its kind benchmark focusing specifically on the productivity of a mine’s mobile equipment.
The M2.0 module enables mine operators to understand how their productivity compares to industry leaders, providing an external perspective on where to optimize their operations.
M2.0 Effectiveness Benchmark Service
The Effectiveness Benchmark focusses on productivity of
mobile mining equipment.
Analyses include KPIs based around utilization, availability, reliability and maintenance performance of key mobile equipment assets.
INDUSTRY-WIDE COVERAGE
The MiTRAQ platform operates with a global footprint.
Mines from any country can join the program and benefit from world class benchmarking previously unavailable for the mining industry.
Mine types included:
CUSTOMIZEABLE REPORTING AND KPIs: FLEXIBILITY DESIGNED FOR MINERS
Designed by miners for miners, the MiTRAQ platform is optimised to be as flexible as possible for each contributing mining company.
All reports are customisable and company-specific KPIs can be created as required in a custom reporting environment.
A common set of KPIs are formulated for each equipment type and data collected according to clearly defined and standardised metrics, thereby ensuring direct comparability between mines, irrespective of the operator.
The metrics used Include:
- Operating Time
- Fill Factor
- Availability
- Utilisation
- Productivity
- Mean Time Between
Stoppages - Mean Time BetweenFailures
- Mean Time To Repair
Data Security and Confidentiality You Can Trust
MiTRAQ data is only accessible to participating mining companies. Security, confidentiality and anonymity are our top priorities.
All company data is completely anonymous and is securely held in a tokenized cloud-based data vault utilizing the latest 256-bit encryption and 2-factor authentication technology.
Only you can access your raw data and all outputs are totally anonymized.
See the other Services mitraq offers
OPERATIONAL Efficiency
Cost competitiveness & efficiency and headcount is analysed as part of the MiTRAQ M1.0 benchmarking platform through more than 100 KPIs covering five key areas.
- Mining Operations
- Mining Maintenance
- Processing
- General & Administration
- Energy
OPERATIONAL Effectiveness
The Effectiveness Benchmark focusses on productivity of mobile mining equipment. Analyses include KPIs based around utilization, availability, reliability and maintenance performance of key mobile equipment assets.
- Trucks
- Diggers
- Drills
- Development Drills
- Graders
- Dozers