| Summary: | Student Number : 0112584H -
MSc research project -
School of Mining Engineering -
Faculty of Engineering and the Built Environment === With the acquisition by AngloGold Ashanti Ltd of open pit mines in East and
West Africa with possible addition of Greenfield and Brownfield operations, the
emphasis of this research document was to improve the current open pit mines in
this region. By identifying Mineral Resource Management (MRM) as a way to
improve and manage operating practices, additional value and the accompanied
risks have been identified. It was also realised that the current traditional,
predominantly financial indicators are becoming increasingly inadequate, thus
looking at alternative operating principles. Subsequent to this, proposals have
been made to acquire the necessary production and cost change by integrating
structure, strategy, systems, style, skills, staff and the defined goals as proposed in
this document. Using a “process-based” approach integrating (best) operating
practices, concepts such as: living out the company’s strategic values; a learning
organisation; better informed decision-making; people management; self-directed
teams; continuous improvement; asset and capital management; integrated
information systems; and an improved internal and external customer relationship
be obtained.
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