Technology: Is it working for you?

- Organization:
- Canadian Institute of Mining, Metallurgy and Petroleum
- Pages:
- 10
- File Size:
- 159 KB
- Publication Date:
- May 1, 2004
Abstract
Mechanisation has been a predominant theme of the past 50 years in the mining industry, particularly underground mining. As the level of technology employed has increased, the anticipated productivity gains have not been realised and the differences are not explained by the demand for higher standards of safety and security. Now, mining costs are so high and productivity so low that the resultant return on investment for many Canadian operations has fallen to levels considered unacceptable in a competitive capital market. Simply continuing technological development cannot reverse this trend and its financial implications. The focus on technological development has distracted us from some basic truths. Systems that are more complex are more likely to fail and cost-effective processes depend on the continuity of productive activity and the flow of material. When putting these facts together, it becomes clear that in a system that has fixed external conditions, the single most crucial issue is the effective management of the operational cycle. By its nature, technology focuses our attention on what gets done and how it gets done, while the crucial issue is the increasingly longer periods in the operational cycle when nothing productive is being done. What is required is to match the level of technological complexity to the fixed system conditions, which are virtually unchangeable. This paper looks at the overall system and objectives and attempts to present an appropriate level of technology for the Canadian mining industry, now and in the foreseeable future.
Citation
APA:
(2004) Technology: Is it working for you?MLA: Technology: Is it working for you?. Canadian Institute of Mining, Metallurgy and Petroleum, 2004.