MANY “productivity” initiatives in the mining industry have been focused on cost-cutting, which have led to some modest, short-term results. The industry is now seeking to use technology and new skills management processes to help provide an integrated approach to optimise complex processes from the pit to the port.
Managing complexity as operations grow a key to overcoming productivity problems.
Mining labour productivity in Australia has plunged 40% since 2004 and productivity is the number one challenge on the CEO's agenda , according to a survey by Ernst & Young. Declines in labor, capital...
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