Best Practice Operations Management - An Oxymoron?

Research output: Chapter in Book/Conference paperConference paper

Abstract

This short paper outlines the author's views regarding the present ability of the resources industry to manage its mining assets. It represents a personal view - but one founded in fact-based observations of mining companies and of the mining industry in general. It contends that whilst a great deal has been learnt about the management of mines over the last 500 years since the seminal work of Agricola, observations suggest that best practice management is the exception rather than the rule across our industry. Although insights regarding the successful management of mines have become apparent, we still witness unnecessary errors in our industry that lead to the loss of shareholders funds. By highlighting some aspects of current best practice, particularly in the arena of operations improvement, it is hoped that this short paper contributes a small step along the next 500-year-long learning curve. At a time of key skill shortages in our industry as mineral producers attempt to ramp-up production to capture historically high commodity prices, achieving best practice operations management has seldom been more critical.
Original languageEnglish
Title of host publicationThe AusIMM New Leaders’ Conference Proceedings
Subtitle of host publicationRiding the boom - the minerals industry into tomorrow
Place of PublicationAustralia
PublisherAustralian Institute of Mining & Metallurgy (AusIMM)
Pages21-23
Number of pages3
ISBN (Print)1920806431
Publication statusPublished - Apr 2006
EventThe AusIMM New Leaders’ Conference: Riding the boom - the minerals industry into tomorrow - WMC Conference Centre, Kalgoorlie, Australia
Duration: 11 Apr 200612 Apr 2006
https://trove.nla.gov.au/work/19337452?selectedversion=NBD40438121

Conference

ConferenceThe AusIMM New Leaders’ Conference
CountryAustralia
CityKalgoorlie
Period11/04/0612/04/06
Internet address

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