Mining 2020 Challenges ? Achieving High Performance for Mining in 2020: Six Strategies for Safe, Sustainable and Superior Operations

Abstract: Globally, the mining industry is expected to face the following challenges through 2020: 1. Sustaining growth amidst fierce competition 2. Containing cost increases and managing through the cycle 3. Attracting and retaining talent 4. Managing environmental concerns and improving sustainability 5. Managing volatility risks in commodity markets Our experience and research reveals that the higher performing global miners are adopting many of the following strategies: (1) Adopt a Global, Agile Operating Model (2) Be the Developer of Choice (3) Drive Capital Efficiency (4) Be the Employer of Choice (5) Integrate the End-to-End Business Model (6) Move to the Virtual Mining Value Chain This paper/presentation will provide data obtained through research on five (5) challenges facing the mining industry, and on the six (6) strategies that high performing global miners are adopting.