Jim Oleson (Chief Metallurgist) stands out for his commitment to Rigorous Financial Discipline. As a leading proponent of the Kinross Way Forward at Fort Knox, he has spearheaded a number of initiatives that have improved production and added millions of dollars in cash flow.
Some examples of Jim’s work include:
- leading the mill recovery team, which added $1.8 million in annual cash flow in 2013
- driving the carbon in column (CIC) optimization process, which increased the CIC flow rate by 463 gallons per minute and added $350,000 cash flow to the business annually
- leading the Kewanee boiler improvement project, which significantly reduced the gallons of boiler fuel used and added $285,000 in annual cash flow in 2013
- driving the grinding media project, which reduced both the cost and consumption of balls used in the semi-autogenous (SAG) mill and ball mills and added a combined cash flow of $994,000 in 2013
- reduced thickener costs, worth $200,000 in cash flow annually
“Jim’s focus on Rigorous Financial Discipline has had a huge impact on the business, providing financial gains and inspiring others to incorporate this value into their work.”
