Mining Toolbox
Life Cycle Costing Application for Mobile Mining Equipment

Including Haul Trucks, Hydraulic Shovels, Electric Shovels, Bulldozers, Graders, Wheel Loaders and Wheel Dozers

Real World Data

The data used to produce the accurate life cycle costings for heavy mining machinery is based off contributions from hundreds of mine sites around the world. The models include allowances for life and utilization, cost and operating parameters.

User Friendly

Base data can be personalized to create better benchmarking parameters, greater accuracy and a comfortable user experience.

mining equipment toolbox dashboard

Cost Analysis

Comprehensive cash flow and summary reports can be produced in both PDF form and Microsoft Excel detailing a breakdown of the total life cycle costings for a specific model.

Cloud Hosted

Mining Equipment Toolbox is hosted in the cloud and available wherever you have an internet connection with an available PC or tablet.

Get Hands On With Mining Toolbox



Life and Utilisation

The user can enter starting life, end life and utilisation. All life and utilisation parameters are entered in equipment operating (service meter unit) hours. The inclusion of start hours provides the ability to model used equipment and equipment life extensions.


Operating Parameters

The configurable Mining Equipment Toolbox operating parameters are fuel burn, major component life, tyre life and labour efficiency. Based on these specific site and operating inputs, the application adjusts the cost and availability output of the model.


Cost Parameters

The user can configure parameters for local input costs; purchase price, depreciation, interest rate, insurance rate, utilisation, fuel price, lubricant cost, GET cost, technician cost per hour, tyre cost per set, brake down repairs, servicing, freight factor and parts factor. If local input costs are not known by the user standard data is available.


Summary Report

The summary reports produced from Mining Toolbox include information for life cycle costings, monthly cash flows, a maintenance profile, maintenance ratio, availability and cost per hour. The maintenance profile also includes details on cost per hour per period chart, labour ratio per period chart and total cost by expense elements.


Cashflow Report

The cash flow report show cost, direct labour hours, downtime and availability by year. The cash flow report can be printed, saved as a PDF or output to Microsoft Excel.


Single or Multiple Users

Mining Toolbox is available for one or more users. Once subscribed, additional users can be added to your subscription.

Mobile Mining Equipment Models

The Mining Equipment Toolbox software contains a large number of common mining equipment Life Cycle Cost models including haul trucks, hydraulic and electric shovels, bulldozers, graders, wheel loaders and wheel dozers.

haul truck

Haul Trucks

Mechanical and electrical drive off-highway haul trucks 90t, 130t, 150t, 220t, 240t, 320t, 350t.

hydralic shovel

Hydaulic Shovels

Hydraulic shovels and excavators 20t, 30t, 40t, 50t, 75t, 90t, 100t, 150t, 170t, 200t, 300t, 400t, 650t, 800t.



Bulldozers / Track Type Tractors with power output 230kW, 300kW, 430kW, 630kW



Mining graders with blade size 12", 14", 16", 24"

wheel loader

Wheel Loaders

Wheel Loaders with power output 160kW, 200kW, 220kW, 270kW, 470kW, 600kW, 945kW, 1100kW

wheel dozer

Wheel Dozers

Wheel Dozers with power output 370kW, 470kW, 600kW

Additional equipment is available to purchase as part of a more sophisticated mobile underground mining package including rotary and down the hole drills.

What is Mining Toolbox?

Mining Toolbox is a benchmarking tool for heavy mining equipment (HME). It is presented on an easy to use interface and comes loaded with a large number of life cycle cost models.

The data is the result of real-world modelling of mining equipment. From the base models, you can build and save accurate cost profiles for your equipment. The models include allowances for depreciation, interest rates, insurance, major components, minor components, servicing, breakdown repairs, frame repairs, lubricants and fluids, tyres, ground tool, liners and fuel consumption.

The results can then be shared with your team using the multi-user version and print reports to PDF or Excel. Mining toolbox is cloud based and available anywhere you have an internet connection.

Who Uses Mining Toolbox?

Cost engineers, purchasing and supply managers, financial analysts, reliability engineers, maintenance managers and cost accountants use Mining Toolbox.

In fact, anyone involved in the operation, review, optimisation, benchmarking and purchasing of large mining equipment benefits from using Mining Toolbox.

Mining Toolbox increases the accuracy and reduces the time to develop life cycle cost models. This provides a better understanding of life cycle equipment costs across the company.

What's Included?

Included in the basic package are over 50 detailed life cycle cost benchmarking models based on real life data with haul trucks, excavators, wheel loaders, graders, bulldozers and more.

The ability to create cost benchmarks, budget models, feasibility models and plant rates for bids all on an easy to use interface.

Access to new models as they become available and the benefit of constant updates to reflect current market conditions and exchange rates.

Who are AssetOn?

AssetOn are a team of Asset Management professionals specialising in the delivery of sustainable end-to-end asset management solutions to clients across Australia and internationally.

We partner with our clients to define, design and implement intelligent asset management solutions that bring together people, processes and technology to streamline business operations and save money.

In 2017, AssetOn merged with Big Iron Consulting to extend our capability in life cycle costing for mobile mining equipment. Through Big Iron we have performed life cycle costing studies for most major mining companies. Our clients include BHP Billiton, Rio Tinto, Glencore, Anglo American Plc, Newmont Mining Corporation, Kinross Gold, Newcrest Mining Limited and Xstrata.

For more information on our asset management products and services visit our web site

Contact Us

Need more information? Contact us with any questions.

AssetOn Group Pty Ltd
Level 11, 301 Coronation Drive
Milton QLD 4064
P: 1800 277 386
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© 2017 AssetOn Group Pty Ltd
AssetOn are a team of Asset Management professionals that leverage off their experience and vast networks to deliver EAM Specialist resources and solutions. Visit our company website