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Our Insights

Interview

Buckets of innovation: How digital has transformed a mining company in Indonesia

– Hanifa Indradjaya, the president director of PT Petrosea, discusses how digital can drive sustainability, efficiency, and operational excellence.
Commentary

How clean can the nickel industry become?

– Global demand for Class 1 nickel could skyrocket, especially for use in electric vehicles. Can the industry meet these needs—and... sustainability goals?
Commentary

Desalination is not the only answer to Chile’s water problems

– Understand the implications for copper mines in the region.
Article

Engaging employees to use analytics: How mining companies solve the adoption challenge

– Advanced analytics can drive value only if employees use them to make decisions. But adoption is often the biggest stumbling block... in analytics initiatives. Here’s how to get it right.
Commentary

MineLens survey confirms the significant impact of COVID-19 on mining operations

– New findings from a survey of mining operators offer an early indication of how the pandemic is reshaping the industry’s next... normal.
Article

Lessons from the past: Informing the mining industry’s trajectory to the next normal

– What can previous crisis periods teach us about the impact of the COVID-19 pandemic on the mining sector, and what can we expect... going forward?
Article

Through-cycle investment in mining

– Mining is notoriously cyclical, with volatile equity prices and investment patterns as a result. As the COVID-19 crisis affects... the medium-term pricing outlook in many commodities and puts pressure on planned investments, mining CFOs have a unique opportunity (and imperative) to review their capital-expansion strategies.
Article

How artificial intelligence can improve resilience in mineral processing during uncertain times

– Even before the COVID-19 pandemic, mineral-processing companies were grappling with profound uncertainty. Those that took steps... to harness the power of AI improved agility and operational resilience.
Commentary

Mining companies’ response to coronavirus

– Mining companies enduring the first wave of COVID-19 effects on their operating models need to think about responding across five... horizons.
Article

How procurement leaders can bring metals and mining up to speed

– Procurement is critical to manage the fallout of the COVID-19 crisis. Assertive and resourceful leaders can help mining companies... address immediate imperatives and prepare for a quick recovery.
Commentary

Has global mining productivity reversed course?

– New analysis of the Mining Productivity Index shows a gradual increase in mining productivity since 2013.
Impact Story

Inside a mining company’s AI transformation

– How copper-mining giant Freeport-McMoRan unlocked next-level performance with help from McKinsey data scientists and agile coaches.
Article

Optimizing mining feasibility studies: The $100 billion opportunity

– With mining and metals projects becoming increasingly complex, more rigorous feasibility studies help prevent cost and schedule... overruns, and maximize value.
Article

Avoiding mistakes of the past: A CEO’s checklist in a commodity upswing

– Having recovered from a downturn, miners are ready to build again. These nine core actions can improve the industry’s poor... project-delivery track record.
Article

Building a great data platform

– Five insights into building a great data platform can help energy, chemical, utility, and basic-materials companies get it right.
Article

Productivity across the global mining sector is starting to improve

– Our latest data show an upward trend—from a low base.
Article

The missing link in mining-company productivity: People

– To address its productivity challenge, the mining industry has invested heavily in technology. New evidence shows that it also... needs to pay more attention to its people.
Interview

Mining for leadership with lean management

– Three executives at one of the world’s most unusual mining operations describe how even in a highly unpredictable context,... lean management improves not just productivity, but also how people lead.
Report - McKinsey Global Institute

How technology is reshaping supply and demand for natural resources

– The ways we consume energy and produce commodities are changing. This transformation could benefit the global economy, but resource... producers will have to adapt to stay competitive.
Article

Productivity at the mine face: Pointing the way forward

– Many mine operators could learn from industry leaders that are pursuing productivity-enhancing approaches.

INFOGRAPHICS

January 2020

Better measurement leads to better operating performance

June 2019

Improving spot time

February 2019

Reducing the 5-15 percentage point gap

January 2019

Improving tire life

September 2018

Ultra-class haul trucks efficiency

June 2018

Boosting process stability and output

March 2018

Cost reduction through static benchmarking

January 2018

Worldwide mining performance at a glance

September 2017

Improving five major delays

June 2017

China steel scrap supply

April 2017

Imbalance in the mining industry

March 2017

Equipment uptime

May 2016

Link between operating efficiency and equipment capex