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Gold Miner Reduces Costs and Builds Continuous Improvement Capability
A global gold miner faced profitability pressures at a remote North African open-pit gold mine. A combination of falling gold prices and rising operating costs threatened the mine’s operating model, eroding the business case and feasibility of a planned expansion. The mine needed to improve costs and productivity to drive unit cost reductions. The short-term focus was a cost reduction process supported by a pipeline of cost reduction opportunities across all departments. The longer-term aim was to build internal continuous improvement capabilities to sustain improvements and identify new opportunities.
DSS introduced proven continuous improvement tools to deliver both productivity improvements and cost reductions; and coached the mine’s operations and CI roles to deliver and sustain the process and drive further upgrades.