DIGITAL MINING
“ Miners suffered in profitability in 2015 due to the major oil price crash ”
Exploring the impact reliability has on mining and fertiliser miners , this report discloses some crucial facts about the mining industry after analysing data from 15 large , publicly-traded miners . This report examines the financial performance of metal and fertiliser miners , whether their reliability investments enhance their overall reliability and the association between reliability budget and the overall performance of the mining industry .
To conduct its analysis , the researchers relied on important data sets from The International Monetary Fund ( IMF ), lithium pricing from Statista , The United States Geological Survey ( USGS ), uranium production volume data from the World Nuclear Association , and financial performance data from 15 large and publicly-traded miners .
The report concluded that despite mining organisations spending so much on their reliability activities , they did not gain returns because of spending their reliability budgets on areas that did not impact the reliability of their mines . Before we get more insights into it , let ' s first try to understand what reliability is .
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