Mining & Minerals
Mining and minerals operations run some of the most asset-intensive, geographically remote, and safety-critical environments in the world. PEAM works with mining operators to build the asset management frameworks, reliability strategies, and investment governance that protect people, maximise equipment availability, and deliver defensible capital decisions across the full mine lifecycle.
Equipment Availability
Reliability frameworks that reduce unplanned downtime and maximise production
Safety & Integrity
Risk-based frameworks that protect people and licence to operate
Capital Discipline
Evidence-based investment decisions across the full mine lifecycle
Deep sector experience behind every recommendation.
In mining, equipment availability is not a maintenance metric. It is the difference between a profitable operation and a loss-making one.
Mining operators face a structural challenge that has no simple resolution: the assets that drive production are operating in some of the harshest conditions on earth, maintenance access is constrained by geography and shift patterns, and the cost of unplanned downtime is immediate and measurable. At the same time, commodity price cycles demand relentless cost discipline, and the capital programmes required to sustain ageing fleets and processing infrastructure are competing with new project development for limited funding.
The organisations that manage this tension most effectively are not those that simply increase maintenance spend or defer capital. They are those that have a clear, evidence-based picture of which assets carry the most risk, where investment will generate the greatest return on availability and production, and how to build the organisational capability to sustain that judgement across the full mine lifecycle.
Regulatory expectations around safety management, environmental compliance, and asset integrity are tightening at exactly the moment when operational budgets are under the greatest pressure, and the evidence base most operators can present today is not sufficient to defend the programmes they need to make.
A challenge PEAM hears from Mining & Minerals leaders
"We know our maintenance costs are too high and our equipment availability is still not where it needs to be. We are spending in the wrong places, but we do not have the data or the framework to know where the right places are."
Core challenges we address
Equipment Availability: Reliability frameworks that reduce unplanned downtime and maximise production
Safety & Integrity: Risk-based frameworks that protect people and licence to operate
Capital Discipline: Evidence-based investment decisions across the full mine lifecycle
We give mining leadership teams the asset intelligence, reliability frameworks, and investment governance to maximise equipment availability, protect people, and make defensible capital decisions across the full mine lifecycle.
PEAM brings direct mining and minerals experience to asset management strategy, maintenance optimisation, and capital investment planning. We work with your operations, engineering, and finance teams to build a rigorous, evidence-based approach to managing your asset base, one that reduces unplanned downtime, optimises maintenance spend, and builds the internal capability to sustain improvement across surface and underground operations.
We understand that in mining, the pressure to meet production targets today can crowd out the investment needed to perform tomorrow. Our work is designed to resolve that tension, not just describe it.
What we bring to every Mining & Minerals engagement
Direct mining and minerals operational experience, not just advisory knowledge
Structured RCM methodology applied to your highest-criticality assets
Condition-based and risk-based maintenance strategy, not OEM calendar intervals
Asset health frameworks with condition indices, deterioration models, and quantified risk assessments
Whole life cost modelling and capital prioritisation frameworks
ISO 55001 gap assessment and management system alignment
Evidence base built to withstand board, regulatory, and funding scrutiny
Practical capability across the full asset management lifecycle
We work with surface and underground mining operators across the full asset management lifecycle, from maintenance strategy and reliability improvement through to capital investment planning and ISO 55001 alignment.
Asset Strategy
Asset management strategy and ISO 55001 alignment, building the governance frameworks and management systems that give your leadership team a defensible, evidence-based basis for every capital and maintenance decision across the mine lifecycle. We assess your current management system maturity, identify the gaps between your existing practice and ISO 55001 requirements, and build a structured, prioritised roadmap to close them. The roadmap is practical for your operational context, not a theoretical compliance exercise.
Reliability & Maintenance
Reliability-centred maintenance (RCM) and maintenance strategy optimisation, moving from time-based and reactive maintenance to a risk and condition-based approach that improves equipment availability and reduces total maintenance cost. We apply structured RCM methodology to your highest-criticality assets, including haul trucks, processing plant, conveyors, and pumps, identifying the failure modes that matter most and building maintenance tasks that address them directly, rather than applying generic OEM intervals across the fleet.
Asset Health & Risk
Asset health and risk frameworks, establishing condition indices, deterioration models, and quantified risk assessments that support portfolio prioritisation and defensible investment decisions for mobile and fixed plant. We build the analytical infrastructure that allows your engineering and finance teams to speak the same language, translating asset condition data into risk scores, production impact estimates, and investment priority rankings that hold up under board and regulatory scrutiny.
Capital Planning
Capital investment planning and whole life cost modelling, structuring your investment case around risk, production impact, and whole life cost rather than historical spend patterns or reactive replacement decisions. We work with your operations, engineering, and finance teams to build a capital programme that is evidence-based, production-aligned, and defensible at every level of governance, from site management through to board approval and external funding review.
Sector knowledge meets asset management excellence
Every engagement is grounded in your specific operating context, asset base, and strategic horizon. We do not apply generic frameworks.
We start with your production targets and work backwards, understanding which assets are critical to throughput, where failure risk is highest, and what the cost of getting it wrong looks like in your specific operating context. That means mapping your asset base against your production system, identifying the single points of failure and the assets with the highest consequence of breakdown, and building a criticality register that your maintenance and engineering teams can actually use to prioritise their work.
We build maintenance strategies around failure modes and consequences, not calendar intervals. RCM analysis, condition monitoring integration, and criticality ranking give your maintenance teams a defensible, risk-based programme that reduces unplanned downtime without simply increasing maintenance spend. Where condition monitoring data exists, we integrate it into the strategy. Where it does not, we identify the gaps and build the case for investment in the monitoring capability that will deliver the greatest return.
Capital decisions are structured around whole life cost and production impact, not historical spend. We build the investment case your board and finance team can scrutinise and approve with confidence, with clear assumptions, sensitivity analysis, and a prioritisation methodology that can be explained and defended at every level of governance. We also help you build the internal processes to sustain that discipline across future capital cycles, so the rigour outlasts the engagement.
We transfer capability, not dependency. Every engagement includes knowledge transfer, process documentation, and coaching so your teams can sustain the improvement after we leave. That means working alongside your people throughout the engagement, not just presenting findings at the end, building their understanding of the methodology, the tools, and the judgements involved, so that the asset management capability we build together becomes a permanent part of how your organisation operates.
Training and Development
Build your team's asset management capability
PEAM delivers training programmes in asset management, reliability, and investment planning, available open-schedule or as corporate training for your team.
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Talk to us about how PEAM can support your asset management goals.