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Asset Management

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XRT Consultants > News > Asset Management
The New Catch-Phrase: Mine Digitization
  • Posted by: Art Durnan
  • Category: Asset Management

I just attended the 2016 Mine Expo and vendors are now talking about the connected mine and projects called “Digitization.” It is clear that autonomous operations and predictive analytics are industry favorites right now. Many vendors are entering the field, but at least from my unofficial survey at the EXPO, not many really have case…

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Sweating the Assets and Maintenance Debt
  • Posted by: Art Durnan
  • Category: Asset Management, Maintenance Improvement

There is a saying in mining that I haven’t heard in a long time and that is “Good Deposits make poor miners.” What this means is high grade or low strip ratios can make up for a lot of inefficiency. I think a corollary to this statement is that booming super cycles with high margins…

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The Challenge of Sustaining Asset Management Success
  • Posted by: Art Durnan
  • Category: Asset Management, Leadership Development, Maintenance Management

I returned from some work up in British Columbia assisting with an advanced technology implementation at a Copper Mine. It just happened that at the end of the week the district was celebrating Mining Days. It was a small town event and the team I was working with were invited and in fact we were…

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Prognostics-What is it?
  • Posted by: Art Durnan
  • Category: Asset Management, Maintenance Improvement, Maintenance Management

This is the second part of a discussion on determining the future state of a machine sometimes referred to as Machinery Health Prognostics. I was fortunate enough to get some real world experience working with incredibly smart and capable people in this area, but must admit the math can be daunting. In the last blog…

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Using Data to Make Predictions on Future Machine Performance
  • Posted by: Art Durnan
  • Category: Asset Management, Big Data, Maintenance Improvement

In my last blog I made an attempt to demystify “Big Data”. In this post I’ll talk about how to use data to make a prediction of a future state of a machine. This is the first in a series of posts since the subject is broad and evolving. First, let’s just take a look…

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Big Data and Asset Management
  • Posted by: Art Durnan
  • Category: Asset Management, Big Data

In my last submission I introduced myself and gave everyone an overview of my working life. Today I want to write about a really hot topic in industry and that is all this talk about “Big Data” especially as it relates to machinery reliability and health. For the past few years I worked on a project for…

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An Intro to XRT Consultants
  • Posted by: Art Durnan
  • Category: Asset Management, Maintenance Management

Welcome to the Asset Managerment blog where I will share my thoughts and observations about all things Asset Management and other topics of interest. This is the rollout of our website and I thought perhaps as a start I would just write a little about me and my history in industry. This could get pretty…

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