CC-BY-NC-NDPetrović, DejanIvaz, JelenaStojadinović, SašaStolić, PredragZlatanović, Dragan2023-12-262023-12-262023ISBN 978-86-6305-140-9https://ioc.tfbor.bg.ac.rs/public/2023/Proceedings_IOC_2023.pdfhttps://repozitorijum.tfbor.bg.ac.rs/handle/123456789/2528Establishing a risk-based maintenance policy creates a favorable atmosphere for creating a preventive maintenance model. This approach of machine failures enables the excavation process to take place without shutdowns. It is especially important in the case of machines with large capacities, because their failures results in large losses and delays in the production plan. It is crucial to thoroughly evaluate the severity of the consequences caused by the risk event, as well as their potential impact on the continuous operation of the technical system. The importance of the establishing of machine maintenance according to risk of failures is pointed out in this paper.enriskmining machinery failuresrisk assessmentmaintenanceconferenceObject