Top 10: Global Mines Based on Production
10. Coballo Mine (coal) – 16.9 million tons
Owned and operated by Peabody Energy, the Coballo Mine is one of the largest mines in the world based on production. The mine, which operates on a seven-day-per-week schedule, produced 16.9 million tons of coal in 2012.
Located in Gillete, Wyoming, the coal mine began production in 1978 utilizing surfacing mining methods. The mine utilizes a cast blast, dozer-push, and truck and shovel operation with three inbound and two outbound trains for shipping.
9. Haerwusu Mine (coal) – 20 million tons
The Haerwusu Coal Mine is situated in the Inner Mongolia Autonomous Region of China. As the second biggest coal mine in the world by reserve, the Haerwusu Mine produced 20 million tons of coal in 2012. The mine, which is owned and operated by China’s state-run Shenhua Group, is the largest open-cast coal mine in China.
8. Samarco Alegria Mine (iron ore) – 21.8 million tons
Making our list at number eight is the Samarco Alegria iron ore mine. Located in the state of Minas Gerais in south-east Brazil, the mine is one of the largest iron ore mines in the world based on proven and probable reserves. The mine, which is a 50-50 joint venture with BHP Billiton and Vale, produced roughly 22 million tons of iron ore in 2012. The mine is estimated to contain 1.89 billion tons of iron ore.
7. Vargem Grande Mine (iron ore) – 22.6 million tons
Another iron ore mine based in Brazil, the Vargem Grande Mine produced 22.6 million tons of iron ore in 2012. Owned and operated by mining conglomerate Vale, the mine is estimated to contain roughly 2.53 billion tons of proven and probable iron ore reserves.
The Vargem Grande Mine is broken up into three open-pit mines: Tamandua, C apitao do Mato and Aboboras. Production at the mining complex is expected to last until 2058.
6. Sishen Mine (iron ore) – 30.9 million tons
The Sishen iron ore mine produced 30.9 million tons of iron ore in 2013. The mine, which is the first (and only) mine located in South Africa on our list, is owned and operated by Kumba Iron Ore Limited. Operational since 1947, the mine is one of the biggest open-pit mining operations in the world.
5. Minas Itabiritos Mine (iron ore) – 31.8 million tons
Back on global production, the Minas Itabiritos Mine in Brazil makes our list at number five. The mine, which is the world’s third largest iron ore mining operation, is estimated to contain roughly 2.78 billion tons of iron ore. The site is comprised of four mining deposits: Segredo, Joao Pereira, Sapecado and Galinheiro.
4. Cerrejon Mine (coal) – 32 million tons
Since commencing production in 1985, the Cerrejon open-pit coal mine has produced 32 million tons annually. Located in the Guajira Peninsula of Colombia, the mine is divided into three primary deposits: Cerrejon North Zone, Cerrejon Central Zone and Cerrejon South Zone. The mine, which is owned by a joint venture partnership with Anglo American, BHP Billiton and Glencore, is estimated to contain roughly 754 million tons of recoverable goal reserves.
3. Black Thunder Mine (coal) – 92.9 million tons
Number three on our list of the most productive mines in the world is the Black Thunder Coal Mine. Located in the Powder River Basin in Wyoming, US, the surface mining complex first opened its doors in 1977 by ARCO Coal, later being acquired by Arch Coal in 1998. The mine site utilizes seven active mining deposits and utilizes the Burlington Northern-Santa Fe and Union Pacific railroads for coal shipping.
2. Carajas Mine (iron ore) – 104.88 million tons
Owned and operated by Vale, the Carajas iron ore mine in Brazil is the world’s largest iron ore mine. In 2012, the mine produced 104.88 million tons of iron ore and is estimated to contain 7.27 billion tons of proven and probable reserves.
Vale is currently implementing a $19.6 billion expansion to the mine which will include a new mine along with a complete truckless transport system and other automation systems in order to reduce emissions and fuel costs.
1. North Antelope Rochelle Mine (coal) – 107.7 million tons
The North Antelope Rochelle Mine is the largest and most productive coal mine in the world. Owned and operated by Peabody Energy, the mine has produced more than 1.8 billion tons of coal since commencing production in 1983. The mine is estimated to contain nearly 2.4 billion tons of recoverable coal.
Located in the U.S. state of Wyoming, the North Antelope Rochelle Coal Mine incorporates approximately 1,300 people and annually injects roughly $128 million into the regional economy. Over 40 percent of the United State’s coal comes from this mine.
Deloitte predicts industry transformation - Tracking the Trends 2019 report
Deloitte has published the eleventh edition of its annual report on the mining industry. Tracking the Trends identifies the top ten trends transforming the future of mining in 2019
The Deloitte report endeavours to provide the mining industry with insights it can leverage to support its continued quest for productivity, capital discipline, strategic development and sustainable growth.
Philip Hopwood, Deloitte’s Global Leader - Mining & Metals, commented: “It appears that the mining industry is poised for greater growth than it’s seen in a decade, but today’s market realities are very different than those of the past. We’re now dealing with geopolitical tensions in the form of trade wars and tariff concerns, as well as looming asset shortages. Rising commodity prices should fuel expansion, but could also result in a return of inflation and the costs that go with it, eventually eating into margins.
Disruption and volatility has become the new normal and the pace of change is outpacing our ability to adapt. This makes it imperative for mining companies to clarify how they plan to drive value into the future and how they intend to respond when prices inevitably drop again.”
Here are the key messages provided by the 2019 report:
- Disruption and volatilitymake it imperative for mining companies to clarify how they plan to drive value into the future and how they intend to respond when prices inevitably drop again. To thrive into the future, mining companies will need to challenge the status quo by soliciting a diversity of opinions and taking the risk to do things differently.
- Technology and artificial intelligence (AI) will play a key role, not only in helping companies envision future scenarios, but in identifying risks at an enterprise level and transforming the supply chain. Moreover, advances in finance platforms, sensor technology, autonomous vehicles, cloud- based solutions, and analytics are paving the way for the design of a digital mine.
- Understanding the needs and perceptions of people both inside and outside the organization will be critical. Companies must build a more diverse workplace and address succession planning, while fostering loyalty and retention among existing employees. At the same time companies must do more outreach to local communities, governments, and consumers so they can be more transparent and receptive.
Top Ten Trends Transforming the Future of Mining:
- Rethinking mining strategy - Embedding the discipline to deliver measurable value across the cycle
- The frontier of analytics and artifcial intelligence- Moving up the maturity curve
- Managing risk in the digital era - Exploring a new approach to controls and risk management
- Digitizing the supply chain - Why innovation requires integration
- Driving sustainable shared social outcomes - Finding value beyond compliance
- Exploring the water-energy nexus - Making the case for a systematic approach
- Decoding capital projects - Learning from past mistakes
- Reimagining work, workers, and the workplace - A blueprint for the future
- Operationalising diversity and inclusion programs - From theory to practice
- Demanding provenance- EVs and battery minerals provoke the desire for provenance