The widely publicised reduction in mining productivity both on a volume and cost basis during the mining boom, coupled with the lower commodity prices and reduced investor confidence in recent years, resulted in most miners focussing on increasing their competitiveness through cost-cutting measures and increasing operational productivity.
In many cases, the business improvement initiatives miners implemented didn’t fully deliver the desired outcomes. Typically this was due to the failure of the proposed interventions to achieve a close alignment between operational performance and strategic intent. Such an outcome often requires a fundamental change to the mining strategy and / or the operations, which is beyond the scope and capability of many business improvement projects.
The widely publicised reduction in mining productivity both on a volume and cost basis during the mining boom, coupled with the lower commodity prices and reduced investor confidence in recent years, resulted in most miners focussing on increasing their competitiveness through cost-cutting measures and increasing operational productivity.
In many cases, the business improvement initiatives miners implemented didn’t fully deliver the desired outcomes. Typically this was due to the failure of the proposed interventions to achieve a close alignment between operational performance and strategic intent. Such an outcome often requires a fundamental change to the mining strategy and / or the operations, which is beyond the scope and capability of many business improvement projects.
Here are eight key points that should be considered before embarking on a business improvement project include:
AMC’s business improvement services have delivered successful outcomes to our clients on more than 200 projects worldwide. Our tailored approach combines extensive practical mining experience with proven proprietary business improvement techniques and information. Our services extend from strategy reviews and optimization through to comprehensive operational improvement assessments and implementation support, and incorporate the full range of management, technical, operational and organizational aspects. For more information, please refer to our Improve solutions or contact your local AMC office.
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