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South Africa: This Is What We Call Data Mining: Software Is Helping This Platinum Operator Boost Production
GE Africa, 17 November 2016
As operations manager at a South African platinum mine, Percy French has faced huge challenges over the past few years because of volatility in commodity prices. The price of… Read more »
GE Africa (Lagos)
How Software Helps a South African Platinum Mine Boost Production
Lonmin Plc, about an hour's drive from Pretoria, South Africa, is the world's third-largest platinum producer. Against the challenging backdrop of volatile commodity prices, the mine's operations manager Percy French says, "we cannot afford any loss of revenues from inefficiencies because our cost to refine one ounce of platinum remains the same even though we get paid half of what we used to." GE Reports' Mark Egan explains how the mine found a way to run smarter. More about GE in Africa in this BRIEFING.
French company, Lonmin Plc, about an hour's drive from Pretoria, is the world's third-largest platinum producer. "We cannot afford any loss of revenues from inefficiencies because our cost to refine one ounce of platinum remains the same even though we get paid half of what we used to" - Mine Operations Manager Percy French
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