Kaz Minerals ’ increased cash offer :
“ The mining sector can only benefit from adopting digital technologies and data analytics to optimise the efficiency and effectiveness of mines ”
“ It ’ s possible for any company to get a good amount of value from AI if it ’ s applied effectively in a repeatable way ”
Up 9 % to 1,170.4kt
Up 3 % to 916koz
Silver Up 2 % to 32,766koz
Did you know ? 90 % of mining executives continue to process data manually and only 11 % use a digital platform ( The State of Contractor Management in the Mining Industry report from MCi )
THE BRIEF
“ We will have to create deeper mines in the future . We can ’ t send humans to these depths and automation will be the only option ”
Prof . David Sjödin , Associate Professor of Entrepreneurship and Innovation at the Luleå University of Technology in Sweden �
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BY THE NUMBERS
Kaz Minerals ’ increased cash offer :
640p
October 2020
780p
February 2021
“ The mining sector can only benefit from adopting digital technologies and data analytics to optimise the efficiency and effectiveness of mines ”
Boris Ivanov , Global Commodities Expert �
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“ It ’ s possible for any company to get a good amount of value from AI if it ’ s applied effectively in a repeatable way ”
Michael Chui , Partner , McKinsey Global Institute �
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Three of the best for Glencore
Production dipped in most categories for the mining giant in 2020 but not :
Zinc
Up 9 % to 1,170.4kt
Gold
Up 3 % to 916koz
Silver Up 2 % to 32,766koz
Did you know ? 90 % of mining executives continue to process data manually and only 11 % use a digital platform ( The State of Contractor Management in the Mining Industry report from MCi )
8 March 2021