“The best time to plant a tree was 20 years ago. The second best time is now.” Chinese Proverb 记住，种树的最佳时间是 20 年前，仅次于它的最好时间就是现在。
While technological innovation has fundamentally transformed many industries, mining is lagging PRODUCTIVITY ‹#› Clareo TIME ‹#›
The� march� of� technology� 1935� 2012� “At least they added colour ”
Efficiency, Sustaining, Disruptive “Courage to innovate”— an act active bias bias ag agai ainst the status s qu quo and and an an un unfl flinching will illingness ss to o tak ake ris isks — to transform ide ideas s in into po powerful im impact Instead of “How”, Ask “Why?” and “Why not?” and “What if?” Improvement is doing things better. Innovation is doing things differently.
Mining Faces a Challenging Environment Reserve Grades Production Costs Social Demands Taxes/Royalties Commodity Prices Exploration Success
“if you are doing business today the same way as you did business yesterday, chances are that you won’t be doing business tomorrow” (Peter Drucker)
BLUE YELLOW GREEN RED
WHAT DOES ALL THIS MEAN? AND WHY SHOULD I/(YOU) CARE? Journal of the SAIMM
Who Are We?
Diversity in Canada’s Mining Labour Force (2016) How will the workforce change? In the fourth industrial revolution: - creativity - digital literacy - data analytics - strong history in gaming - robotics, AI, sensors and automation
Mining & Energy Half of key mining jobs to go unfilled in next 10 years: report By Andrew Topf, Mining.com | July 31, 2017 OilPrice.com Why millennials are snubbing jobs in the oil industry Tsvetana Paraskova, Jul. 20, 2017 Millennials Are Killing the Oil Industry Hell yeah we are. Kate Aronoff, July 31, 2017
Artisanal and small-scale production supply accounts for 20% of gold mining. About 100- 150 million people – workers and their families - depend on artisanal mining compared to about 7 million people worldwide in industrial mining. The informal nature and the un-mechanized operation generally results in low productivity.
The 20 Best Jobs in the World Statistician Actuary Data Scientist Genetic Counselor Operations Research Information Security Analyst Analyst
The 20 Worst Jobs in the World Slaughter House Telemarketer Worker Promotional Miner Mascot Port-a-loo Toilet Cleaner Customer Service Advisor
Diversity in Canada’s Mining Labour Force (2011) 19% 2016; many part-time
“Bringing new brain power and a younger generation of thinkers into an industry that’s regarded as an old industry is tough”. “ By introducing technology into everything [companies] do, mining all of a sudden becomes cool and sexy again .” George Salamis
The Agriculture Revolution is in Full Swing
Short-term focus; Corporate culture; Time commitment (not a part-time job); add your own. Diversity (not enough yellows, etc.); $ Is it an investment, or is it viewed as cost?; Lock-in design for decades; Big equipment versus modular; ROI trap; CED (Career Ending Decision); Technical people versus decision makers; Nothing for me; • They think that just talking about the problem is enough • They think that technology alone will be the solution • Most organizations don’t have the right mindset and structure to enable true agility and innovation Vanessa Vershaw The Emperor’s New Clothes – What Does Innovation Really Mean for Mining? NIH; Belief that innovation is inherently risky; IP issues; No collaboration; Stop making comparisons; No creative thinking training; No Corp. Strategy
Culture is the way we do things when nobody is around to tell us what to do
Scenario Planning Plausible Scenarios Innovation Trigger s
Scenario Planning – ISL/ISR
Trigger s
The� march� of� technology� My personal fear is that we (mining) have traditionally lived in a linear world. But today’s changes are exponential. Exponential Growth 1935� 2012� • • Artificial Intelligence 3D Printing • • Genomics Energy Storage • • Robotics Digital Currency • • Nanotechnology Content • • IOT Computing Power
Reserve Grades • 1 gpt ore • Strip ratio (waste : ore) of 5 999,999 5,000,000 1,000,000 + • 70% recovery through plant 5,000,000 • What about Fe, Si, Al in the ore?
90% - 95% of every dollar spent on energy is waste
Partnerships
Currently, the industry spends a lot of time, money, and energy adding water to its processes and even more effort trying to get the water out afterwards
Liam can rip apart an iPhone in 11 seconds Apple envisions "No More Mining"
Innovation happens at the speed of trust, not technology Change happens at the speed of trust
"If I had asked my customers what they wanted," Henry Ford said, "they would have said a faster horse.“ Customers don't envision the future, they inform the present. In ancient Roman religion and mythology, Janus is the god of beginnings and transitions
CIM GTA West Branch Luncheon - May 2016 Nathan M. Stubina Mining/Met Innovation
Unearthed Hackathon Inspiring innovation in mining
“Mining is marketed as dirty and dull. You think of BHP and its ads are all trucks and high - vis gear; that’s painting the industry in a certain way” she said. “But now we’re in a digital age, with robotics, big data, high tech. Mining is all of that.” BHP declined to comment about its marketing.
Flow-Through Shares • Eligible Canadian Exploration Expenditures: • Rotary, diamond, percussion or other drilling • Trenching, digging test pits and preliminary sampling
MUON
Liam can rip apart an iPhone in 11 seconds • Pipelines, Conveyors, Rail-Veyor • Pneutrans • Ropeways PLEASE STOP • Hovercrafts • Airships ASKING FOR BIGGER TRUCKS!
Range of Innovation Models
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