This study evaluates shovel and dump truck performance using three key indicators: average utilization (61–65%), availability (77–78%), and OEE (41–44%). Actual performance often lags behind ideal global benchmarks due to site-specific operational conditions. The results offer practical reference values for these KPIs, enabling mining operations to benchmark their fleet performance against industry data. While universal standards are challenging to establish, these findings support more informed equipment management decisions. Ultimately, they help optimize fleet utilization, enhance operational efficiency, and promote sustainable mining practices by providing a foundation for continuous improvement and comparative analysis across diverse mining environments.