n finweek - Can this technology improve local mining productivity? - in brief - in the news

Volume 2018 Number 22
  • ISSN : 1812-4658


Former Gold Fields CEO Ian Cockerill was scathing at a recent mining conference regarding the reticence of the SA mining sector to embrace new technology through the years. For too long, it had done its work “in the dark”, only finding out the results of its efforts a month later and therefore being unable to respond to problems with much effect. It was “a dinosaur”, he said. That’s as damning as it comes. To be fair to SA mining, however, much of its gold and some of its platinum mining is located deep underground; it is also highly labour-intensive. Therefore, digitalising mining activities is not the easiest of tasks; not when compared to open pit mining, where monitoring and visibility is much easier.

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