2. Co-Lab 16.2: Performance Improvement
Now
• Setting the scene
• Megatrends
• Lessons learned from Co-Lab 16.1
• Challenges
• What is most important for our industry to improve?
• What are we going to do about it? Projects and outcomes from Co-Lab 16.2
• Parallels between 16.1 and 16.2
• Q&A
3. Setting the Scene
• 8 Miners
• 13 METS
• 1 Facilitator
• 7 Hours
• 5 Tables
• 1 Focus Question
What can we do NOW to create immediate improvement in operational
and financial performance?
5. The ‘Third Wave’ of cost cutting is underway
The mining industry is turning to re-engineering…. i.e. an innovation mind set
First wave – “Cancel projects” (2012-13)
- Exploration projects, stripping contracts, and consultants
- Refocus on the basics: Safety, Production, Costs
Second wave – “Sweat the assets” (2013-)
- Maximise the value of existing capital by maximising
production, squeezing suppliers, reducing staff /
eliminating overlap
Third wave – “Re-Engineering” (2015- )
Process re-engineering
Business improvement (Lean, 6sigma)
Automation & technology
Opex
($/t)
Time / effort
6. Mining Industry Megatrends
Digital: sensor to the cloud, information, open platforms, machine learning
Automation: processes, AI, robotics, autonomy
Connectedness: mobility, transparency, social
Footprint: energy, emissions, land, water
Business models: open enterprise, supply chain participation
9. Miners’ Thoughts…
“METS always grab at the technical stuff, but miners
have good technical people – it is not about technical
solutions, it is about productivity.”
“The CEO wants innovation,
as long as the productivity of
the mine is not impacted.”
“Mediocre targets are
being set as they are driven
by bonus certainty – and
while you try to drive
continual improvement,
going beyond the
benchmark is a threat.”
“Every mine has its own DNA,
but there are scales of
commonality – need to be better
at working to solve common
issues. We have done this with
safety as we had a perceived
“burning platform,” why can’t
we do this in other areas?”
“Creative models have come
about as a result of not having
capital to spend.”
“Dealing with big
miners is like trying
to pin down an
octopus.”
10. What is Most Important for the Industry to
Improve?
11. What are we Going to do About it? Projects
and Outcomes from Co-Lab 16.2
Team 1
Asset Management
Optimisation
Team 2
Open Platform Problem
Solving
Team 3
People & Partnerships:
Thinking Outside the
Box
14. Co-Labs 2016
• Co-Lab 16.3: 21st October, Brisbane
The Digital Mine (Waitlist)
• Co-Lab 16.4: 25th November, Adelaide
Small Footprint Mining
Contact Megan.Edwards@Austmine.com.au for more information
