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Monday, 07 September 15
THE MINE OF THE FUTURE WILL HAVE ONLY TWO EMPLOYEES, A MAN AND A DOG - SCOTT MCGOWAN
 "The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Scott Mcgowan, Director, Global Mining Practice Director, Wipro Ltd one of their speakers for TIM2015.
“ The mine of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment” - Scott Mcgowan
Q: In these difficult times and with fluctuating commodity prices, are the operating companies more aware of how technology can help them increase their efficiency and are they ready to take the plunge? Has the mining industry finally woken up?
A: I don’t think it’s a case of whether mining companies have “ woken up” but merely they find themselves in a situation, whereby the use of technology is no longer an option. The mining industry is currently going through its phase of “digital disruption” - a phase which most other industry sectors have either witnessed or are witnessing.
Wipro has helped a lot of companies define the Future Mode of Operation (FMO). Do you think the mines of the future will be human-less? How close are today ’s mines to that goal
However, in reality, we are a long way from un-manned mining operations. Today’s focus is around integrated operations and how we break down the historical functional silos within an operation. Tomorrow’s challenge will be about: Now that we have learnt to work together, how does the industry re-distribute the work load virtually? The fundamental change will result in the workforce transitioning from the physical act of mining to the identification of opportunities and the strategy to realize those opportunities.
Q: Do you think technology is something that the management has to be excited about rather than the end users in the operating companies? Will the C-level executives have a greater say in buying technology in the coming years?
A: It will actually be the creative tension between the management and end-users that will spur the adoption of a long term sustainable technology platform. Consumerisation of technology and the generational change of the workforce will naturally result in end-users adopting technology, however, the C-suite will need to optimize the necessary investments in line with overall business imperatives (eg ROI). As that the workforce will not have the patience to wait out the technology hype cycles which have often characterized the industry, the challenge for the adoption of new technologies will be to ensure that the investment in those technologies is planned and sustainable.
Q: Is there a drive towards defining technology standards for the mining sector? Do you think it is a necessary step to encourage faster development and healthy competition?
A: Definitely, this is one of the fundamentals of our “Digital Mining” philosophy. This has already happened to a large extent in the business or corporate systems space. The focus must be on the operational technology landscape. The “spaghetti” landscape as I call it refers to years of tactical, siloed and be spoke technical decision making. However, we find ourselves in a situation where to standardize the operational technology landscape would not have the return on investment required to justify the expenditure. Our approach is to define the technology platform standards and mandate the information model including the timeliness and frequency of capture.
Q: Give us a sneak preview of what Wipro is talking about “Digital Mining” at the Technology and Innovation in Mining 2015 summit in Toronto
A: The Mining industry continues to operate in the face of fluctuating commodity prices, shortage of skilled labor, high input costs, the ongoing need to provide safe working conditions and onerous statutory reporting. In parallel, new technologies are available to address these challenges, and to help organizations innovate and become more efficient.
At Wipro, we call this new operating model as ‘Digital Mining’, which values the role of technology. We define a new set of capabilities within your organization to successfully implement technology, and align and integrate it with the entire value chain. Our solutions help you eliminate waste and maximize shareholder value from your existing resources.
Digital Mining is not a tangible end state, but a journey that can be objectively measured against a defined set of characteristics or the Digital Mining Maturity Model:
- Standardization
- Centralization
- Automation
- Visualization
- Mobilization
- Virtualization
Scott Mcgowan, Director, Global Mining Practice Director, Wipro Ltd was interviewed by the Technology and Innovation in Mining 2015 Production Team at Information Exchange Group
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Monday, 21 September 15
KOMIPO OF KOREA INVITES BIDS FOR BITUMINOUS COAL
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 390,000 Metric Tons (MT) of minimum 4,600 kcal ...
Sunday, 20 September 15
BALTIC CAPE INDEX ROSE 66.52 PER CENT AND STAND NOW AT 1995 POINTS
COALspot.com: The BDI (Baltic Dry Index) rose 17.35 per cent week over week to 960 points on Friday mainly driven by the Capesize segment. The Cape ...
Friday, 18 September 15
SHIPPING AND THE FED RATE DECISION: FINANCING COSTS COULD RISE EVEN HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Regardless of the FED’s decision to raise rates, shipping stands to be influenced by the decision. Shipbroker Allied Shipbroking noted this w ...
Friday, 18 September 15
U.S. COAL PRODUCTION DECLINED 6.7 PER CENT W-W: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.4 million shor ...
Thursday, 17 September 15
COALSPOT HAS LAUNCHED NEW THERMAL COAL INDICES FOR INDONESIAN COAL
COALspot.com has today launched real-time CS (i) Coal Indices.
The Indices represents 3800 kcal/kg GAR, 4200 kcal/kg GAR, 5000 kcal/kg GAR a ...
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- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
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