A Mining Executive’s Guide to Business Transformation
This short brochure summarizes industry research and conversations with mining executives conducted by Michael MacFarlane, former Executive Vice President, Strategy and Business Planning, with AngloGold Ashanti.
In the pages that follow, you will read his recommendations on what mining companies must do to realize operational stability and to set the foundation for business agility.
Mining companies are freely giving away about 20% of their installed capital capacity because of too much variation in processes. When processes are under control, this number is between two and four percent since more of the total the potential output is realized.