It’s clear the mining industry is embracing the opportunities that come with digital transformation and that they are facing up to the challenges, according to a report by the World Economic Forum (WEF).
From automation to integrated enterprise platforms, next generation analytics and decision support, digital technology has the potential to move mining and minerals processing operations beyond stagnant growth to deliver exceptional shareholder, customer and environmental value. In this two-part post, we look at six recommendations from the WEF for a successful digital transformation in mining. Please see part 1 of this blog for the first three points we discussed. Herewith the next three points:
Engage and train tomorrow’s digital workforce
Technology and innovation often fail not through lack of investment or weakness in the technology, but through a lack of cultural change. The digital worker of tomorrow must be engaged and prepared for the digital world of tomorrow.
xMMP (exploration, Mining & Minerals Processing) is a mining “ERP” solution that covers the Total Life of Mine (‘LOM’). Managing mineral rights (tenements) claims, exploration, drilling, EPCM for the development phase, actual mining, stockpiles, plant, shipping and dispatching all the way to mine rehabilitation.
Invest in alternative benefits, not just jobs
Changing your view of digital technology and understanding how it can transform the way you operate is one of the first steps in the right direction towards success. Start now and invest in finding new ways to work with and compensate local stakeholders for the responsible use of their resources. This can help to change the views of those around you regarding digital technologies and their potential impact.
Forge new partnerships and strengthen existing ones
Improving active and open partnerships is the foundation for best-in-class digitalisation, stronger integration with local stakeholders, which might even bring about new models of operation and ownership of Mining and Metals fixed assets.
Resolve Immix’s xMMP (exploration, Mining & Minerals Processing) solution is a mining enterprise resource planning (ERP) solution that covers the Total Life of Mine. The solution provides mine operations with the tools and real-time data needed to improve asset performance, impress compliance and increase production from the mine to final product. Contact Resolve Immix for more information today.