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Press Release - Newmont Mining Presentation at MINExpo 2008
Press Release
Dingo CBAM Success at Newmont Mining Highlights Presentation at MINExpo 2008
Denver, Colo., Sept. 15, 2008 – Dingo Maintenance Systems today announced that its highly touted Condition-Based Asset Management (CBAM) system will be the focus of a presentation at MINExpo 2008 in Las Vegas, Nevada. The session, hosted by the Australian Trade Commission, will be led by Jason Hill, maintenance superintendent for Newmont Mining Corporation’s Gold Quarry, a key Dingo customer. The event will be held at Harrah’s Las Vegas Hotel, Tuesday, Sept. 23, at 8 a.m.
CBAM offers mining companies online machinery maintenance and replacement practices to avoid unbudgeted expense in service failures. CBAM systems extend the useful life of customers’ assets and help customers avoid catastrophic in-service failures that risk life, limb or the environment.
“Six of the top 10 mining companies in the world now use Dingo’s CBAM technology,” said Paul Higgins, Dingo president. “Within the first 12 months of working with us, they see tangible results, including a savings of 6 percent of the value of their assets through breakdown avoidance and an average savings of $1.6 million in maintenance costs. They also report earning a 3:1 return on investment in less than 24 months.”
Bryon Hammond, general foreman for Newmont West, validates CBAM’s offerings. “The CBAM program brings a systematic approach to addressing issues. It’s driving us to be proactive. Tracking of successes and missed opportunities through financial results is really good. And the cost savings measurement opens the eyes of planners to the economic impact of what they do.”
“Since we started our company in 1991,” Higgins added, “Dingo’s turnkey CBAM systems not only have avoided unscheduled downtimes for our customers, but also have reduced carbon usage through improved lubricant and fuel consumption. With today’s goal of reducing our carbon footprint, we’re proud that CBAM contributes to saving our environment while it drives financial results for our customers.”
About Dingo
Since 1991, Dingo Maintenance Systems (Dingo) has been developing and implementing specialized maintenance software systems for leading organizations worldwide. Dingo delivers Condition-Based Asset Management (CBAM) systems to the mining, primary metals, power and transportation industries worldwide. Dingo’s turnkey programs enable an asset-intensive operation to rapidly implement a condition-based maintenance program, using oil analysis. Dingo’s value proposition delivers significant maintenance cost savings that can be realized almost immediately. Trakka™ and Condition Intelligence™ are trademarks of Dingo. Dingo, with offices in Brisbane, Australia, and Denver, Colorado, and can be found at http://www.dingo.com.
Contact Information
Media Contact
Cherie Orwig
303-283-1534 office
720-839-5548 cell
cherieorwig@comcast.net
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