TECHNOLOGY
2014 WAS NOT a great year for the mining industry . It suffered from record low commodity prices and endured global stagnation with hits to productivity and profitability . In general , it struggled to find its groove .
The industry is searching for answers . On the list of possible solutions is collaboration .
“ By working together , universities and industries can advance mutual interests and serve their communities ,” said Samuel Frimpong , Professor and Chair of the Department of Mining and Nuclear Engineering at the Missouri University of Science and Technology .
“ These two organizations can work together through collaborative research opportunities where each entity provides talent and resources to solve problems for a desired cause .”
From partnerships with universities to interactions with rival companies , collaboration is expected to play a pivotal role in helping mining companies succeed in the future . In addition , it will also help to better serve employees .
The likes of Facebook , Twitter , and LinkedIn have all been essential for miners to stay connected . However , not everyone in the field of mining has time to switch through various networks to stay up-to-date with people and professionals that matter most .
16 March 2015