The best time to plant a tree was 20 years ago. The second best time - - PowerPoint PPT Presentation

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The best time to plant a tree was 20 years ago. The second best time - - PowerPoint PPT Presentation

Dec 16, 2023 135 likes •760 views

The best time to plant a tree was 20 years ago. The second best time is now. Chinese Proverb 20 While technological innovation has fundamentally

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“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。

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While technological innovation has fundamentally transformed many industries, mining is lagging

PRODUCTIVITY TIME

Clareo

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The march

  • f

technology

2012 1935

“At least they added colour”

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Improvement is doing things better. Innovation is doing things differently.

Instead of “How”, Ask “Why?” and “Why not?” and “What if?” “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

  • tak

ake ris isks—to transform ide ideas s in into po powerful im impact

Efficiency, Sustaining, Disruptive

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Mining Faces a Challenging Environment

 Reserve Grades  Production Costs  Social Demands  Taxes/Royalties  Commodity Prices  Exploration Success

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“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)

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BLUE GREEN RED YELLOW

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Journal of the SAIMM

WHAT DOES ALL THIS MEAN? AND WHY SHOULD I/(YOU) CARE?

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Who Are We?

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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
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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

  • il industry

Tsvetana Paraskova, Jul. 20, 2017

Millennials Are Killing the Oil Industry Hell yeah we are.

Kate Aronoff, July 31, 2017

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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.

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The 20 Best Jobs in the World

Statistician Genetic Counselor Actuary Data Scientist Operations Research Analyst Information Security Analyst

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The 20 Worst Jobs in the World

Telemarketer Miner Slaughter House Worker Promotional Mascot Port-a-loo Toilet Cleaner Customer Service Advisor

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Diversity in Canada’s Mining Labour Force (2011)

19% 2016; many part-time

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“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

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The Agriculture Revolution is in Full Swing

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  • 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?

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; NIH; Belief that innovation is inherently risky; IP issues; No collaboration; Stop making comparisons; No creative thinking training; No Corp. Strategy Short-term focus; Corporate culture; Time commitment (not a part-time job); add your own.

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Culture is the way we do things when nobody is around to tell us what to do

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Trigger s Innovation Plausible Scenarios

Scenario Planning

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Scenario Planning – ISL/ISR

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Trigger s

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  • Artificial Intelligence
  • Genomics
  • Robotics
  • Nanotechnology
  • IOT
  • 3D Printing
  • Energy Storage
  • Digital Currency
  • Content
  • Computing Power

Exponential Growth

The march

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technology

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My personal fear is that we (mining) have traditionally lived in a linear world. But today’s changes are exponential.

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 Reserve Grades

  • 1 gpt ore
  • Strip ratio (waste : ore) of 5
  • 70% recovery through plant
  • What about Fe, Si, Al in the ore?

999,999 1,000,000 + 5,000,000 5,000,000

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90% - 95% of every dollar spent on energy is waste

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Partnerships

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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

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Apple envisions "No More Mining"

Liam can rip apart an iPhone in 11 seconds

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Innovation happens at the speed of trust, not technology Change happens at the speed of trust

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"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

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CIM GTA West Branch Luncheon - May 2016 Nathan M. Stubina

Mining/Met Innovation

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Unearthed Hackathon Inspiring innovation in mining

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“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.

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Flow-Through Shares

  • Eligible Canadian Exploration Expenditures:
  • Rotary, diamond, percussion or other drilling
  • Trenching, digging test pits and preliminary sampling
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MUON

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PLEASE STOP ASKING FOR BIGGER TRUCKS!

  • Pipelines, Conveyors, Rail-Veyor
  • Pneutrans
  • Ropeways
  • Hovercrafts
  • Airships

Liam can rip apart an iPhone in 11 seconds

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Range of Innovation Models