A 5-year, ongoing Accenture study found that:

• 61% of mining companies have missed their own production targets
• Missed guidance cost $67 billion in lost revenue alone

McKinsey reports, “…productivity is still some 25 percent lower than the starting point in the mid-2000s”.

This affects miners and investors alike, making it hard to address the root causes of the inefficiencies.

• Site leadership struggle with leaner operations
• Strategic initiatives repeatedly fail to deliver on time or in full
• Investors lack reliable frameworks to assess operational capability
• Quarterly pressures override long-term improvement initiatives

Today, even significant capital investments fail to deliver expected production gains.