Mining Magazine November 2016 | Page 30

TOP 10

Productivity

Working hard or hardly working ? Productivity is to this day one of the top three risks that mining companies and miners are struggling to improve on . EY identifies asset productivity as a particular focus , with a “ volume at any cost ” during the mining boom generating a focus on “ production at any cost .”
Productivity in 2016 often manifested itself under the guise of making mines larger . The bigger the mine the greater the complexity , which required silos and different skill set requirements . Whittle it down and essentially you ’ re left with a disconnect across your operations .
Many companies that undergo a complete transformation will break down silos as the first and in some cases most important step . EY advises that the key to long term sustainable productivity improvement is by looking at assets through the lense of a business system , the relentless pursuit of loss and by supporting the players already existing within the organisation who are critical in productivity transformation .
30 November 2016