Quiz

Can anyone guess the location of the gold process plant in my background photo? I’ll release a new hint each week …

It is certainly in Africa

In Burkina Faso

Innovation in Mining – the State of Play

Mining Industry Survey 2019

The 2019 survey is State of Play’s fourth biennial survey on strategy and innovation in the global resources industry. The survey represents a broad cross-section of the industry: it surveyed every continent, across mining and service companies and features a majority of respondents from senior management levels.

Respondents indicated the single biggest improvement would be to link innovation programs and corporate strategy. The industry overwhelmingly sees innovation as highly important to the success, so why the difficulty in aligning the two?

Interim Project & Study Management

Registration of business name

My consulting business specialises in short-term, part-time or interim project and study management in mining and metals. That could mean anything from simply filling-in for someone, initiating a project or study whilst a permanent team leader is recruited, completing an audit, delivery strategy or project report, to conducting financial risk analysis using @Risk.

I am passionate about helping my mining and metals clients create more robust development options, and make better (economically sustainable, safe, socially and environmentally responsible) project decisions.

Climate Risk in Mining

What every mining CEO needs to know – a report by McKinsey.

To address climate risk, mining companies can focus on three areas: which assets are most at risk from physical climate change; how decarbonisation could shift demand for key minerals; and how miners can decarbonise their own operations.

Accrding to McKinsey, to respond to the impact of climate change, mining executives should take five main actions:

– end-to-end diagnostic of climate change’s effects on the business.
– mobilize the c-suite and the board.
– focus on operational transformation, investments, and innovation.
– evaluate and potentially reshape your portfolio.
– continue to engage.

Sustainable Development Goals

17 goals to transform our world

The Sustainable Development Goals are a call for action by all countries – poor, rich and middle-income – to promote prosperity while protecting the planet. They recognize that ending poverty must go hand-in-hand with strategies that build economic growth and address a range of social needs including education, health, social protection, and job opportunities, while tackling climate change and environmental protection.

The Decade of Action calls for accelerating sustainable solutions to all the world’s biggest challenges by 2030.

Climate Risk & Response

A report from McKinsey examining the nature and extent of physical risk from a changing climate.

After more than 10,000 years of relative stability the Earth’s climate is
changing. This is important because it’s this stability that has allowed humanity to develop and flourish. Absent adaptation, instability will have extreme consequences, as outlined in this McKinsey report, which identifies that there are already substantial physical impacts in many places at the local level. Avoidance seems like a much better approach, but requires actions that might increase hardship in the short term. That is no reason not to act though, and we have only a very short window of time to do so and to hopefully avoid the worst of the consequences.

The authors conclude that recognising physical climate risk and integrating an understanding of this risk into decision making are imperative for individuals, businesses, communities, and countries. The next decade will be decisive, as decision makers fundamentally rethink the infrastructure, assets, and systems of the future, and the world collectively sets a path to manage the risk from climate change.

Project Execution Strategy

A route map by the UK Infrastructure and Projects Authority.

A good execution strategy considers:
– vision, requirements and context
– governance alignment
– risks, challenges, and opportunities
– objectives and performance targets
– controls strategy
– organisation, complexity-capability gaps, and interfaces
– delivery strategies for each scope element
– structure, continuous improvement and a flexible approach.

The project initiation routemap and the delivery environment complexity analytic (DECA) are good tools to examine complexity-capability, document gaps and agree on actions as part of establishing project execution strategy. This approach was used in developing an alternate project execution strategy for MMG’s Kinsevere sulphide processing project in the DRC.