Investing in technology is key to mining
May 2019
News
Investing in technology that drives efficiency and productivity is key for both mining companies and suppliers to remain relevant in a rapidly changing industry. This was the message delivered by leading software solutions vendor, Micromine, at the recent Investing in African Mining Indaba in Cape Town.
“Investing in technology that drives efficiency and productivity is critical,” says Micromine Africa marketing coordinator, Craig Sternslow. “Mining companies no longer have the luxury of large budgets that can be allocated on the fly. Nowadays the allocation to innovation and business improvement is significantly reduced and this has exacerbated competition, not only between competitor industries, but also between different suppliers and vendors.” He adds that there was a sense of optimism in the air at this year’s Mining Indaba: “There was a palpable excitement that everyone could feel. Engagement with government and communities has long been a standard, but in order for this to be successful, mining companies need to look at this collaboration positively, as an opportunity to do good, and also to increase the skill levels of workers at their mines.”
Another factor is investing in people. “The workforce is changing constantly. Mining houses need to understand the kind of employees they will have in the future, and what they will need in order to be productive and efficient. Investing in skills is vital, not only for the mining companies themselves, but also for corporate social responsibility,” concludes Sternslow.
For more information contact Kate Gibley, Micromine, +61 41 460 5160, [email protected], www.micromine.com
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