Dec 5, 2014

Wish List: 10 Things Every Miner Wants for Christmas

General Electric
Admin
2 min
Wish List: Top 10 Things Miners Want for Christmas
The mining industry can be extrem...

The mining industry can be extremely unforgiving business. The profession requires long hours, extended time away from friends and family, harsh weather conditions,and the never ending cycle of risks and dangers associated. It's a brutal business.

With ‘that time of year’ approaching, we decided to break down the top things on every miner's wish list -- whether they've been naughty or nice.

 

10.  LEGO Volvo L350F Wheel Loader

LEGO recently unveiled a Volvo L350F Wheel Loader Technic set and it's breathtaking. The remote-controlled toy set is everything a kid, and adult, could want.

9. 18-carat gold iPhone 6 Plus Pink Diamond

This glorious iPhone is made from 18-carat gold and includes a pink diamond. With a price tag at over $100,000, your name better be on the top of Santa's nice list. 

8. SmartCap

A hardhat that can measure your fatigue levels? SOLD! 

7.  GE’s battery powered load dump (LHD)

General Electric is quickly becoming one of the biggest innovators in the mining industry. It's newest product, the battery-powered dump load, is designed to emit 100 percent zero emissions, operating entirely on battery and propulsion technology. 

6. Drones

Admit it, you've been wanting your own personal drone for years. Now is the time to reward yourself.

5. Caterpillar 797F

(mouth watering)

4. Mining simulator

If you've ever wanted to be the operator of heavy-duty machinery, this is the present for you. Grand Theft Auto has nothing on equipment simulators. 

3. Belaz 75710

No need to explain this one, just LOOK at it! 

2. Liebherr R 9800

Liebherr's R 9800 is every man's (miner or not) dream toy. Good lord almight! 

1. Major increases in base metals

Face it, the one item on every miner’s wish list is for major increases in base metals. Although 2014 was a rocky year for the mining industry, 2015 should be somewhat better (fingers crossed).

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Jan 30, 2019

Deloitte predicts industry transformation - Tracking the Trends 2019 report

Operations
Automation
Deloitte
Daniel Brightmore
3 min
Deloitte reveals top ten trends transforming mining in annual Tracking the Trends report
Deloitte has published the eleventh edition of its an...

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.” 

Related stories:

EY survey finds losing 'licence to operate' is the biggest risk to the industry in 2019

Predicting the disruptors of tomorrow’s mining industry: Deloitte’s tracking the trends 2018

Renewables the key to energy cost savings and competitive edge says Deloitte

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 akey 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 needsand perceptions of people both inside and outside the organization will be critical. Companies must build amore 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:

  1. Rethinking mining strategy - Embedding the discipline to deliver measurable value across the cycle 
  2. The frontier of analytics and artifcial intelligenceMoving up the maturity curve 
  3. Managing risk in the digital era - Exploring a new approach to controls and risk management 
  4. Digitizing the supply chain - Why innovation requires integration 
  5. Driving sustainable shared social outcomes - Finding value beyond compliance 
  6. Exploring the water-energy nexus - Making the case for a systematic approach 
  7. Decoding capital projects - Learning from past mistakes
  8. Reimagining work, workers, and the workplace - A blueprint for the future 
  9. Operationalising diversity and inclusion programs - From theory to practice 
  10. Demanding provenanceEVs and battery minerals provoke the desire for provenance 

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