23 October, 2020

Mine Your Business

Mine Your Business
outlookindia.com
2019-02-08T11:17:10+05:30

When we envisaged this special issue on mining, there were huge yawns. The common perception was that the sector wasn’t interesting; in journalism jargon, it wasn’t sexy. However, when we researched the subject, we were surprised to find several exciting trends in the sector. In fact, mining was being modernised rapidly, and emerging as a new, 21st century operation. Technology, robotics, artificial intelligence, 3-D solutions, and automation were changing managements’ mindset and strategies, business models, operations, policies, and impact on the workers and local communities. Although there were grey areas, mining was no longer exploitative and manipulative. It was no longer a ‘sunset’ sector.

But there was an unusual ‘sunset’ trend. State-owned enterprises (SOEs), rather than large private miners, were at the forefront of exploration and production, both in their respective countries and overseas. Like what happened in the oil and gas sector in the past few decades, public sector managers, along with their governments, were...

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