Operational Excellence Case Study
Innovation and technology deployment are key ways that we extract value from our operations and deliver on our commitment to Operational Excellence. Doing so makes our operations safer, more efficient, and more sustainable.
The Marigold mine is currently capturing robust value from a variety of innovative approaches and technologies.
In 2017, the mine – in conjunction with our corporate Operational Excellence team – embarked on an initiative to embed digital technologies into the operations. The initiative is in line with the digital transformation, real-time monitoring, and big data analytics trends taking place across the mining industry.
The mine began using real-time monitoring technology to track key mining and production data. Microsoft Power BI technology enables data visualization and data analytics capabilities, including through automated dashboard reporting on computer tablets. In turn, this enables the teams to make faster, smarter, and safer decisions.
As part of our commitment to managing our energy consumption efficiently, the mine also invests in energy reduction technologies to reduce energy consumption. For example, the Marigold mine uses an innovative shovel technology in which excess energy is fed back into the power grid, with over 99% of shovel-generated power returning to the mine. This technology reduces our energy requirements and our carbon footprint, all while providing nearly one month of electricity cost savings during the year.
As highlighted in the Health and Safety case study in this report, the Marigold mine uses radar technology to monitor slope stability and predict potential slope failures. This is but one way how the mine delivers on our commitment to our safety vision – Safe for Life – through technology deployment.
In 2018, the Marigold mine delivered its second-highest production in its nearly 30-year history. By constantly innovating and maintaining a relentless commitment to Operational Excellence, the mine is poised to deliver record production in 2019.