Reduced head count, capex spending biggest contributor to mine efficiency mid-decade: McKinsey
By Michael Allan McCrae McKinsey tracked 2.8 per cent per annum increase in productivity between 2014 and 2016 mostly due to mines reducing headcounts and limiting spending, says the consultancy in a study published last month. Data is still pending, but McKinsey believes the productivity trend is continuing. McKinsey measures mine productivity using its MineLens […]