Mining needs to embrace its role as an agent of change for good – and tell the story of how it does this better – if it wants to continue to compete for investment dollars and talent in the future, according to International Council of Mining and Metals CEO Tom Butler.
While automation is often seen as a silver bullets that can solve a range of mining’s problems, for Roy Hill’s Christine Eriksen automation is actually a holistic approach with the majority of the time, effort and funds to be invested in changing in the people working with the technology on the frontline.
The global mining sector’s comeback signalled great expectations—improved employment, wages and economic wealth. However, the windfall will be short lived according to Peter Bryant, managing partner of Chicago-based strategic growth firm Clareo.
“In the last 20 years, we have seen remarkable growth in the resources sector. We have double the number of people working in mining today than we did before the mining boom. The mining sector regularly contributes over $20 billion in corporate taxation, second to only financial services and it is our biggest export industry accounting for 57 per cent of our exports as a nation.
Scania Australia revealed the new XT mining and construction range next-generation trucks at Melbourne’s International Mining and Resources Conference (IMARC) today, giving the industry the first opportunity to examine the extra-tough truck in the metal.