How Cutoff Grade Optimization Improves Mine Resource Utilization
Leveraging cut-off grade optimization is one of the ways mining companies can boost profitability amidst a turbulent market. With prolonged inflation and geopolitical uncertainty, mining companies are under pressure to streamline production schedules for increased efficiency and profitability. By separating waste material and ore more efficiently using optimal cut-off grades, ROI can be increased for […]
Strategize smooth open pit to underground mine transitions
Open pit to underground mine transitions are becoming more commonplace. With ore extraction from surface mining growing more energy-intensive over time, this transition is growing more economically worthwhile for mining companies. In the case of copper, for example, one study showed that the average copper ore grade has decreased substantially over time, while the energy […]
How Well-Defined Mining KPIs Drive Continuous Improvement Through Employee Recognition
At a Glance Learn how well-defined mining KPIs and performance metrics can improve employee recognition and motivation, creating a culture of continuous improvement in your mine. To manage the headwinds of a challenging market, companies in the mining industry are constantly looking for new and innovative ways to maximize productivity. However, to ensure that achievements […]
Tackle Mining Talent Shortages with Career Development Opportunities
At a Glance Build a comprehensive skills flexibility matrix to attract and retain top mining talent in a competitive market. With better communication in hiring, mining companies have an opportunity to dispel certain misperceptions about the industry that skilled prospects may hold to successfully attract and retain the right talent. Talent shortages in the mining […]
How to Implement Shared Services Successfully with Behavioral Change Management
In part 1 & 2 of this series, we explored both the benefits and the challenges of implementing a shared services organization to centralize and streamline key functions and mining operations. In this next part of the series, we delve further into why a behavior-centered approach to change management is the key to successful shared […]
