Mining
The mining industry is experiencing some of the largest transitions in history and plays a major role in the world’s pursuit of clean energy and net-zero emissions. The demand for critical minerals and the necessity to operate within ESG policies are pushing the industry in new directions creating a need to be proactive and adaptive.
Current Mining Obstacles
Productivity fell by 30% since 1990
ESG compliance is no longer optional
Talent attraction and retention
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Oversight Operations
Productivity has fallen 30% since 1990 and has been 25% down from the 2000s. One of the major aspects is CapEx and OpEx being on the rise in the 2010s. With a stronger digital transformation companies may shift from high CapEx to a more manageable OpEx model.
Proximity can provide a single source of truth oversight into the operations of mining organizations from administrative to sites and projects. Companies can find bottlenecks and inefficiencies in their systems by grasping the full scope of operations.
Proximity can integrate data from potential mining sites to support the decision-making behind project development. For instance, consider assessing different sites for geopolitical risks, deposits, accessibility, and currently relying on many resources. Proximity helps streamline this process by combining data to create a full visual representation.
Risk Tracking
ESG (Environmental, Social, and Governance) compliance is a high priority for governments and regulating bodies as the economy is becoming more ESG driven. New policies for developing green and inclusive environments are becoming active with full strength. Mining companies now more than ever have to look at ESG as a value-building aspect rather than risk. The industry is critical for the world that requires critical minerals to increase sustainability, but as mining operations increase, the requirement for the operations to be green is also increasing.
Proximity integrates maps, data, and relevant documentation to track site compliance and provide transparency for investors and enforcers. For instance, “Greenwashing” has been heavily looked at by organizations such as the SEC and FCA for preventative measures. More company disclosures and deliverables are required to support the reporting. Quick access to location intelligence to determine compliance gaps and reporting to make certain that all the essential information is collected.
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Digital Talent Overview
For Mining Companies, talent attraction and retention is an issue as the industry is not the first choice for digital talents. Moreover, the current workforce is nearing retirement and needs to be replaced. Staffing shortages strain employees who are required to do more with less.
Proximity maximizes operational efficiency and business productivity by centralizing your data. Your company spends less time looking for resources, and more time working with them. A critical advantage when operating with limited human resources.
Common GIS tools are extremely specialized and require extensive training to learn and use. Proximity is as easy as Google Maps, lowering onboarding time to virtually 0 days.
Adopting Proximity not only streamlines operations but more importantly eases stress on the employees and positively impacts workplace culture.