Jan 10, 2013

Decades behind? Mining chief might be right on productivity

Is the Australian mining sector really decades behind on productivity improvement? There's something to incoming Anglo American chief Mark Cutifani's alarming comments.

Myriam Robin — Media Reporter

Myriam Robin

Media Reporter

The incoming chief of the world’s fifth largest miner, Anglo American, told analysts on Tuesday night that all it took to make a good mining manager was a good mineral deposit.

“In the mining industry, we’re some 20 to 30 years behind other more progressive sectors in terms of productivity and business practises,” Mark Cutifani said. “We’ve got to go beyond that and make sure we’re working our assets, the engine room, as hard as we can.”

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