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Insights

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Article

Building a great data platform

Five insights into building a great data platform can help energy, chemical, utility, and basic-materials companies get it right.

Article

Boosting process stability and output

Nathan Flesher (USA) and Eben van Niekerk (Australia), McKinsey & Company, describe a data analytics-based approach to improve the stability of coal mining processes and raise productivity.

Article

Productivity across the global mining sector is starting to improve

Over the past year, several indicators of different aspects of the global mining sector’s performance have confirmed that it is now turning around after the dark days of 2014, 2015, and early 2016.

Article

The missing link in mining-company productivity: People

To address its productivity challenge, the mining industry has invested heavily in technology. New evidence shows that it also needs to pay more attention to its people.

Article

No 'one-size-fits-all' when making mines productive

'You have other mines, for example, selling into the copper market that can sell everything that they produce and so those mines might say: “Hey, we have a lot of room to increase productivity. Let's drive that mindset into our workforce and into our management..."

Article

Metal mining constraints on the electric mobility horizon

The uptake of electric vehicle (EV) technology appears to be progressing faster than expected, with industry forecasts routinely being revised upwards.

Article

The current capacity shake-up in steel and how the industry is adapting

The early years of the new millennium were a profitable period for steelmakers, largely driven by the surging Chinese economy. Now, with China’s growth slowing, a new reality has set in.

Article

Mining for leadership with lean management

Three executives at one of the world’s most unusual mining operations describe how even in a highly unpredictable context, lean management improves not just productivity, but also how people lead.

Article

Beyond the supercycle: how technology is reshaping resources

Technological advances will change supply and demand dynamics in the resource sector, raising productivity, increasing energy efficiency, and unlocking value to the global economy in 2035 $900 billion to $1.6 trillion.

Article

Productivity at the mine face: Pointing the way forward

In this article, we look at the different strategies mines are employing, the results, and the steps mine managers can take to further improve productivity.

Article

Downsizing the US coal industry: Can a slow-motion train wreck be avoided?

The US coal industry faces not just overcapacity but crippling liabilities that will outlive mine closures. Setting the industry on a viable course will require all stakeholders to step up with new ideas.

Article

Is there hidden treasure in the mining industry?

Low equity prices may offer important M&A opportunities for the mining industry.

Article

Productivity in mining operations: Reversing the downward trend

With the end of the demand supercycle and the ensuing collapse in profitability, mining companies are shifting their focus from volume growth to productivity.

Infographic

Additional cost reduction can be achieved by supplementing static benchmarking with interactive simulation

Additional cost reduction can be achieved by supplementing static benchmarking with interactive simulation.

Infographic

World wide mining performance at a glance

In order to be cost competitive high income countries must focus on labor productivity, while low income countries must balance cost efficiency with high equipment performance.

Infographic

Improving five major delays to top quartile could increase production or result in parking fleets

Our analysis, in the infographic below, shows that improving five major delays to top quartile could increase production by 10- to 13% or reduce truck requirements by 4 to 10%.

Infographic

China Steel Scrap Supply

Our analysis shows expected steel scrap oversupply in China (in the base case scenario) of 160-270 million metric tonnes by 2035 and highlights scenarios to tackle the scrap balance.

Infographic

Imbalance in the mining industry

Continued grade decline in the copper industry may reduce supply and increase costs in the future.

Infographic

Equipment uptime

Operators should evaluate if they are getting enough equipment uptime for their maintenance dollar spend.

Infographic

Reducing the 5-15 percentage point gap

Our work on mining productivity shows that there is a 5-15 percentage point gap in equipment availability between median and top operators across all regions. Closing this gap can lead to reduction in mining costs.

Infographic

MineLens infographic shows clear link between operating efficiency and equipment capex

Our work on equipment productivity shows that there is a clear link between operating efficiency and capital spend on mining equipment that may be worth tens of millions of dollars in annual spend.

Infographic

Reversing the Mining Productivity Decline

Between 2004 and 2014, global mining productivity has fallen 33%, even after accounting for geological degradation.

Infographic

Truck availability is not correlated to fleet age

Analysis of more than 3,000 trucks in the MineLens database does not show a correlation between availability and fleet age. Investing in effective maintenance may provide a higher return on investment than buying new trucks.

Infographic

Mining doesn't use equipment as effectively as other heavy industries

Overall equipment effectiveness (OEE) differs significantly across heavy industries such as mining, oil and gas and steel.

Infographic

Using MineLens data to observe labor productivity

Labor productivity differs dramatically across regions creating opportunities for significant improvement.

Infographic

Insights on tonnage improvements

The largest opportunities for tonnage improvements in open pit mines can be realized by improving utilization. Specifically, minimizing "hidden" process delays, can significantly improve tons moved.

Infographic

Insights on tire life

Ultra class haul trucks have the shortest tire life, while smaller haul trucks show the largest variation in tire life.