material planning in the mining sector

Mining Industry: A Complete Guide

The mining industry involves the discovery and extraction of naturally occurring minerals from the earth. Since the beginning of civilization, clay, stones, and metals found close to the earth's surface were used to make tools, weapons, vessels, and goods for wealth and trade. Fast forward to the 21st century and the global mining industry is ...

The raw-materials challenge: How the metals and …

The raw-materials challenge: How the metals and mining sector will be at the core of enabling the energy transition | McKinsey. (10 pages) The transition to a net-zero economy will be metal-intensive. As the move toward cleaner technologies progresses, the metals and mining sector will … See more

Mining Resource Corridor development in Nigeria: critical

Mining in Nigeria. Mining in Nigeria dates back to 1902 when organised mining in its exploration stage started with the then Secretary of State for Colonies commissioning mineral surveys of the Southern and Northern Protectorates (MMSD, 2016).The first record of a mined mineral was tin ore by the Royal Niger Company in 1905 …

Mining | Free Full-Text | Current Practices for Preventive …

Preventive maintenance practices have been proven to reduce maintenance costs in many industries. In the mining industry, preventive maintenance is the main form of maintenance, especially for mobile equipment. With the increase of sensor data and the installation of wireless infrastructure within underground mines, predictive maintenance …

Minerals | Free Full-Text | Re-Thinking Mining Waste …

Mining wastes, particularly in the form of waste rocks and tailings, can have major social and environmental impacts. There is a need for comprehensive long-term strategies for transforming the mining industry to move toward zero environmental footprint. "How can the mining industry create new economic value, minimise its social …

Production planning and scheduling in mining scenarios under …

Introduction. Open pit mining is the process of extracting valuable material from mineral deposits, or orebodies, close to the earth's surface. For the purpose of planning and scheduling the extraction operation, a mineral deposit is divided into a series of smaller more manageable segments, or blocks, that contain an estimate of different …

The mining value chain: A hidden gem | McKinsey

Planning: Improvements such as short- and medium-term planning for port, rail, and mine production through an integrated value …

(DOC) DEVELOPMENT OF AN OPERATION PLAN FOR THE MINING SECTOR …

DEVELOPMENT OF AN OPERATION PLAN FOR THE MINING SECTOR IN GHANA FOR THE PERIOD 2013-2018 . × ... 3.3.1 Factors Affecting Material Planning 1) Macro factors: Global factors such as price trends, business cycles, government's import and export policies etc are called the Macro factors. Credit policy of the government is a critical factor …

Integration of renewable energy and sustainable …

The mining industry is one of the industries requiring a great amount of energy. This industry accounts for approximately 38% of the energy utilized in all industries, 15% of the global electricity consumption, and 11% of global energy use. Furthermore, the mining industry uses about 19% of coal and coal products worldwide.

Mining industry worldwide

The revenue of the top 40 global mining companies, which represent a vast majority of the whole industry amounted to a record 943 billion U.S. dollars in 2022. The net profit margin of the mining ...

mining sector: profit-seeking strategies, innovation …

1. Introduction. The mining sector has been an overlooked area in innovation research until recently (David and Wright, 1997; Upstill and Hall, 2006; Kaplan, 2012; Bravo-Ortega and Muñoz, 2015).As the extractive sector constitutes an important part of the economy in many developing and emerging countries, it is important to understand the …

Recent Research Agendas in Mining Equipment …

Mining sector is an economic foundation and the main source of national wealth for many countries. Modern mining operations are ever more reliant on efficient usage of costly large-scale mining equipment (e.g., trucks, shovels/excavators/loaders, conveyors and crushers). Thus, mining equipment management is becoming crucial for …

Mining industry employment and talent challenges | McKinsey

Simultaneously, global energy uncertainty alongside price and demand rises in commodities 4 "The raw-materials challenge: How the metals and mining sector will be at the core of enabling the energy transition," McKinsey, January 10, 2022. that enable electrification (such as lithium, iron ore, and copper), as well as heightened expectations …

Mining and biodiversity: key issues and research needs in …

1. Introduction. The United Nation's Sustainable Development Goals (SDGs), alongside the Convention for Biological Diversity's 2020 Strategic Plan, lay out an ambitious conservation agenda [1,2].Achieving these goals (i.e. SDG 14, 15; targets) will require coordination among multiple stakeholders, including conservation scientists, industry …

The role of mine planning in high performance

By identifying the potential value in the given mineral resources, and providing a practical and realistic optimal strategy for extraction that considers all the material …

Mining & ESG | S&P Global

The global metals and mining industry has a complex role in the energy transition. The industry is responsible for sourcing the supply of battery and rare earth metals like cobalt, lithium, and dysprosium used in solar panels, electric vehicles, and other sustainable solutions. But years of capital constraints and underinvestment may pose …

Top 10 business risks and opportunities for mining and …

Disruption is dramatically shifting the risks and opportunities faced by the global mining and metals sector. Environment and social is now the top risk, with uncertain demand and new business models also entering our annual ranking. While the results highlight ongoing volatility, we still see more opportunities than risks for companies willing ...

Managing mining cash flows | McKinsey

What cash-flow management reveals about the industry. Starting in the early 2000s the mining industry experienced a significant improvement in cash flows, as commodity prices remained elevated through 2011 (excluding the 2008 financial crisis). Prices were largely driven by rapid economic growth in China.

The mining value chain: A hidden gem | McKinsey

The mining value chain— which includes everything from extracting raw material to delivering products to customers—is the backbone of the industry. Companies that manage their value chain well …

A multi-criteria based SWOT analysis of sustainable planning for mining

Lack of strategic planning in the mining and mineral industry (MMI) of Pakistan remains the core issue impeding the development of the industry. This study proposes and, respectively, prioritizes future strategies based on strengths–weaknesses–opportunities–threats (SWOT) analysis. The proposed strategies …

The role of mine planning in high performance

A holistic approach to mine planning can create value and present opportunities for both new and existing projects. Mine planning plays an often understated but nonetheless essential role in the achievement of high performance. By identifying the potential value in the given mineral resources, and providing a practical and realistic …

Mining for the Future to Deliver on an ESG Agenda

Mining for the Future to Deliver on an ESG Agenda. The mining industry has a once-in-a-generation opportunity to unlock new sources of value, but it will require taking bold action on environmental, social, and governance targets. By Brian Murphy, Liam Connolly, Harry Morrison, and Rosey Kaur. June 14, 2022. 11 min read.

Sustainability Reporting in the Mining Sector

the sector in defining how to assess its sustainability in the national and local context. Examples of countries that have taken concrete steps towards enhancing the sustainability management and transparency of the mining sector include South Africa and Canada. The two countries have taken widely different

1

1.1 The Mining Industry . Mining is the business of recovering minerals from the ground and converting them into useable industrial materials and consumer products. The minerals we are talking about here are generally "hard" minerals, which is to say we exclude oil and gas but include the energy minerals coal and uranium.

Pathway to Sustainability in the Mining Industry: A Case …

Sustainability for the mining companies is a critical requirement for their ongoing operations. Regulations and licenses generally depend on the companies' sustainability practices, forcing them to focus on environmental impact and social welfare. While the mining industry has historically been associated with poor working conditions …

Sustainability | Special Issue : Sustainable Mining and

The proposed algorithm can be used as a useful tool by decision-makers in the mining industry to plan post-mining reclamation based on suitable criteria. ... mining waste (aggregate and sealing material) and spent mushroom compost as components for creating artificial soils. Laboratory tests of the soil substitutes showed low concentrations …

A Study on Industrial IoT for the Mining Industry: …

The Industrial Internet of Things (IIoT) has the potential to improve the production and business processes by enabling the extraction of valuable information from industrial processes. The mining industry, however, is rather traditional and somewhat slow to change due to infrastructural limitations in communication, data management, …

Production planning and scheduling in mining …

The open pit mine production scheduling problem (OPMPSP) consists of scheduling material extraction in a mineral deposit over a horizon of several time …

Theoretical and Practical Aspects of Material Requirements Planning …

Research background: Due to increasing economic and sector risk coal mining in Europe is treated as a declining industry. In post-transition economies such approach is a threat for energy security ...

How minerals and metals companies can help achieve …

This trend is forecasted to steadily increase in the future, as we struggle to meet the mineral resource needs of a growing global population that is expected to reach 8.5 billion by 2030, 9.8 billion by 2050 and 11.2 billion by the end of the century. Worldwide transitions towards clean energy and electric vehicles will also accelerate the ...