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