Comprehensive cutting of costs and expenses is a chance for survival of mines. To avoid such ambiguous measures as lay-offs and cut-backs in production, mine managers have to embark on a laborious and costly path of technological refurbishing. As a result, they have no choice but implement equipment and machinery renovation programs. In some cases it is suffice to start with minor items, for instance, to replace outdated hand tools used by mine personnel.

№2 (114) 2014

Key words: RIDGID, modern approaches, hand tools, service life, saving, profitability, technological refurbishing

Mining Industry Journal №4 (116) 2014, p.54

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