{"id":8815,"date":"2017-08-18T11:00:04","date_gmt":"2017-08-18T19:00:04","guid":{"rendered":"http:\/\/www.palada.net\/index.php\/2017\/08\/18\/news-2588\/"},"modified":"2017-08-18T11:00:04","modified_gmt":"2017-08-18T19:00:04","slug":"news-2588","status":"publish","type":"post","link":"http:\/\/www.palada.net\/index.php\/2017\/08\/18\/news-2588\/","title":{"rendered":"Shaping Tomorrow\u2019s Mine"},"content":{"rendered":"<p><strong>Credit to Author: Doug Warren| Date: Fri, 18 Aug 2017 18:23:51 +0000<\/strong><\/p>\n<h3><strong>Mega Trends defining the Future of Mining, Minerals and Metals<\/strong><\/h3>\n<p>Today, we continue to see an increase in global consumption, as worldwide population growth together with upward trends in urbanization and industrialization has led to a robust increase in demand for commodities from the mining and metals industries.<sup>1<\/sup> The industry plays a critical role in our live, it is estimated that each person uses more than 25,000 pounds of new nonfuel minerals on a daily basis.<sup>2<\/sup> Minerals is process into everyday products- medicines, buildings, homes, electronic gadgets, etc. and these demands will continue to drive Mining, Minerals and Metals (MMM) industry.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" class=\"wp-image-40151 aligncenter\" src=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/World-Urbanization-1-300x128.png\" alt=\"World urbanization is expected to continue at a rapid pace\" width=\"532\" height=\"227\" srcset=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/World-Urbanization-1-300x128.png 300w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/World-Urbanization-1-768x327.png 768w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/World-Urbanization-1-1024x436.png 1024w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/World-Urbanization-1.png 1060w\" sizes=\"auto, (max-width: 532px) 100vw, 532px\" \/> <\/p>\n<p style=\"text-align: center\"><em>Figure 1: World urbanization is expected to continue at a rapid pace.<sup>1<\/sup><\/em><\/p>\n<p>Which bring us back to\u2026 be it an upswing or downswing economy, mining companies are focused to maintain a sustainable balance sheet amidst the business challenges. <em>Productivity still remains the top three concerns of many miners<\/em><sup>3 <\/sup>who are struggling to achieve long-term sustainable productivity improvement. <em>Innovation is a key enabler of productivity improvement<sup>3<\/sup><\/em>, and <em>46% of the business leaders recognized the power of digital to drive innovation<\/em><sup>4<\/sup>, to provide the long-term competitive advantage for business growth. Now you see the correlation, let\u2019s move on to how digitization positively impacts the mining operations.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" class=\"wp-image-40163 aligncenter\" src=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Top-10-Business-Risks-300x251.png\" alt=\"Top 10 Business Risks\" width=\"443\" height=\"371\" srcset=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Top-10-Business-Risks-300x251.png 300w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Top-10-Business-Risks-768x642.png 768w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Top-10-Business-Risks.png 789w\" sizes=\"auto, (max-width: 443px) 100vw, 443px\" \/> <\/p>\n<p style=\"text-align: center\"><em>Figure 2: Risk radar for mining and metals<sup>3<\/sup><\/em><\/p>\n<h4><strong>Digital Mining Transformation<\/strong><\/h4>\n<p>Within the MMM industry, digitalization will be a force that transformed key aspects at every step of the value chain.<\/p>\n<p>Here\u2019s the finding on the real value miners are gaining from digital technology<sup>4<\/sup>:<\/p>\n<ul>\n<li>64% of executives are satisfied with their digital investments.<\/li>\n<li>47% of executives cited better operational performance<\/li>\n<li>42% executives reported on operational\/administrative cost savings<\/li>\n<li>40% of executives saw better decision making process<\/li>\n<\/ul>\n<p> <img loading=\"lazy\" decoding=\"async\" class=\" wp-image-40165 aligncenter\" src=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Four-Key-Mining-Operations-Pillars-300x108.png\" alt=\"Four Key Mining Operations Pillars\" width=\"603\" height=\"217\" srcset=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Four-Key-Mining-Operations-Pillars-300x108.png 300w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Four-Key-Mining-Operations-Pillars-768x276.png 768w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Four-Key-Mining-Operations-Pillars-1024x368.png 1024w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/08\/Four-Key-Mining-Operations-Pillars.png 1227w\" sizes=\"auto, (max-width: 603px) 100vw, 603px\" \/> <\/p>\n<p>Therefore, by enabling digital transformation and innovation in these four key mining operation pillars, an integrated mine operations is created to positively impact the bottom line:<\/p>\n<p>With 82% of mining executives looking to digital technology to help them propel the business<sup>4<\/sup>, what does it means to you?<\/p>\n<p>To gain further insights, join me for <a href=\"https:\/\/software-solutions.schneider-electric.com\/digital-mining-transformation?utm_source=hs_email&amp;utm_medium=email&amp;utm_content=2&amp;_hsenc=p2ANqtz--cFSvYpw6bvEUbZusF8RQDwdveo6K0qTwM_e0INZoYNDq6COiqZdM8-e3xEb5vKxP3_5O75yrRmb1qaktQ5xkVmAZmMbS9L1CPDLbEHX0xySzWDII&amp;_hsmi=2\">Digital Mining Transformation Webinar<\/a> (August 30, 2017), as I share how leading mining companies\u00a0 are leveraging digital tools and capabilities to drive operational excellence, and\u00a0 succeed in this challenging\u00a0 environment.<\/p>\n<p><em>Source:<\/em><br \/> <em> <sup>1<\/sup>Mining &amp; Metals Scenarios to 2030, World Economic Forum<\/em><br \/> <em> <a href=\"https:\/\/minerals.usgs.gov\/granted.html\"><sup>2<\/sup>Do We Take Minerals for Granted?, U.S. Department of the Interior- U.S. Geological Survey<\/a><\/em><br \/> <em> <sup>3<\/sup>Top 10 Business Risks Facing Mining and Metals 2016\u20132017, EY (2016)<\/em><br \/> <em> <sup>4<\/sup>Digital in Mining: Progress And Opportunity, Accenture (2017)<\/em><\/p>\n<p>  <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.schneider-electric.com\/?feed-stats-post-id=40144\" width=\"1\" height=\"1\" style=\"display: none;\" \/><\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\/industrial-software\/2017\/08\/18\/shaping-tomorrows-mine\/\">Shaping Tomorrow\u2019s Mine<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n<p><a href=\"http:\/\/blog.schneider-electric.com\/industrial-software\/2017\/08\/18\/shaping-tomorrows-mine\/\" target=\"bwo\" >http:\/\/blog.schneider-electric.com\/feed\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Credit to Author: Doug Warren| Date: Fri, 18 Aug 2017 18:23:51 +0000<\/strong><\/p>\n<p>Mega Trends defining the Future of Mining, Minerals and Metals Today, we continue to see an increase in global consumption, as worldwide population growth together with upward trends in urbanization&#8230;  <a href=\"http:\/\/blog.schneider-electric.com\/industrial-software\/2017\/08\/18\/shaping-tomorrows-mine\/\" title=\"ReadShaping Tomorrow\u2019s Mine\">Read more &#187;<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\/industrial-software\/2017\/08\/18\/shaping-tomorrows-mine\/\">Shaping Tomorrow\u2019s Mine<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[12389,12388],"tags":[12531,13712,12581,12512,12409,12410,12439,13856,13022,901,12494,12438,12533,12412],"class_list":["post-8815","post","type-post","status-publish","format-standard","hentry","category-scadaics","category-schneider","tag-asset-management","tag-digital-mining","tag-digitization","tag-iiot","tag-industrial-process-design","tag-industrial-software","tag-metals","tag-mine","tag-minerals","tag-mining","tag-mining-operations","tag-miningmetalsminerals","tag-plant-operations-management","tag-simulation-optimization"],"_links":{"self":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/8815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/comments?post=8815"}],"version-history":[{"count":0,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/8815\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/media?parent=8815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/categories?post=8815"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/tags?post=8815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}