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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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Tuesday, 15 September 15
Q2'16 RICHARDS BAY COAL SWAPS DIP TO $ 51.10 PER TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month.
The 4Q swap was down US$ ...
Tuesday, 15 September 15
API 5 FOB NEWCASTLE COAL SWAP FOR 4Q' 2015 DELIVERY CLOSED AT $42.71 PER TON ON 11 SEPT, SGX DATA SHOWS
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery declined $0.94 per MT (-2.15%) month over month to US$ 42.71 per mt. The sw ...
Monday, 14 September 15
Q1'16 CFR SOUTH CHINA COAL SWAP DECLINED $1.80 PMT M-M
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.62 (3.21 %) per MT month over month.
A commodity ...
Monday, 14 September 15
MOODY'S LOWERS COMMODITY PRICE ASSUMPTIONS ON MACRO, INDUSTRY FACTORS
COALspot.com: Moody's Investors Service has lowered its base metal price assumptions for 2015-17 as slowing growth in China, lower oil prices, ...
Sunday, 13 September 15
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The BDI decreased further by 6.51 per cent or 57 points since last Friday and closed at 818 on 11 September 2015 while the cape index ...
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Showing 2816 to 2820 news of total 6871 |
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- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- The University of Queensland
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Australian Coal Association
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
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