https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Energy|Indaba|Innovation|Mining|Waste|Water|Waste|Operations
Energy|Indaba|Innovation|Mining|Waste|Water|Waste|Operations
energy|indaba|innovation|mining|waste-company|water|waste|operations
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Innovation mining’s biggest challenge – Anglo


Close

Embed Video

Innovation mining’s biggest challenge – Anglo

Anglo American corporate relations director Anik Michaud discusses the group's sustainability strategy, while CEO Mark Cutifani talks about the group's plans for innovation over the next five years. Video and editing: Nicholas Boyd.

4th February 2019

By: Martin Creamer
Creamer Media Editor

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

CAPE TOWN (miningweekly.com) – The world is standing on the brink of a technological revolution that will result in transformation unlike anything human kind has experienced before, which is making innovation mining’s biggest challenge.

“In the next five years, it’s about major step changes in innovation,” Anglo American CEO Mark Cutifani told the 8 000 attendees of this year’s Investing In African Mining Indaba.

Advertisement

Traditional mining roles are changing with, for example, the truck driver of the future needing digital skills to drive from a control room.

“We’re committed to re-imagining mining,” Anglo group director corporate relations Anik Michaud, who joined Cutifani on the podium, said of the company’s resolve “not to be a Kodak or a Blackberry” by charting its own innovative direction.

Advertisement

Already, ore-sorters are sorting waste before it is put through the mill, allowing 20% less to be spent on mills and the ore grinding has been improved so that it uses 30% less energy, much less water and allows operations to head towards becoming tailings free.

“We have to do that as a matter of survival. If you’re not thinking about these things, there’s no future,” said Cutifani.

While Anglo expects to grow employment as it grows as a company, the rate of employment growth will be lower, which is why five off-site non-mining jobs are being targeted for every one on-site mining job.

The plan is to advance local communities from subsistence farming to commercial agriculture, which will also involve helping them to access water.

All the while it will be working with governments, on their country visions, and with academia on the creation of the right skills.

“We’re hoping that we’ll help communities thrive well after the mine is gone,” said Michaud.

Five years ago, Anglo was losing competitiveness and dealing with capital allocation issues; now, five years on, every person in Anglo is producing double the output of the past.

Operating costs have fallen 16% and competitive returns are being delivered.

“These are disruptive times and we have pathways but by no means all the answers,” said Michaud, who will also be attending the alternative mining indaba that is also under way in Cape Town.

Anglo is intent on creating a new social contract with its communities and upskilling workers so that they can have access to higher wages.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za