Optimize productivity with data and insights from MineLens
Video
MineLens overview
Chris Mulligan, solution partner, shares how MineLens allows mine operators and owners to understand where there are gaps in operating potential and how to close them.
Benefits
Information capture
Our mining experts conduct site visits to assess operational practices, while our data specialists work to consolidate, clean, and map time-series data (such as metric tons, equipment metrics, and rates).
Insights
Leveraging our proprietary benchmarking database, our experts compare an organization’s operating, labor, and cost performance with that of a global set of peers and use the results to deliver a road map of improvement initiatives.
Assessment and goals
Our experts assess the effects that throughput and cost initiatives have on profitability and capital expenditures and work with the organization to align around common metrics, set achievable performance targets, and use dashboards to measure improvement over time.
MineLens by the numbers
$0Bn
identified in annual
0+
mining operations
0-25%
average site cost reduction
Benefits
Global mining expertise
MineLens leverages McKinsey’s 85 years of industry expertise alongside the extensive experience our mining professionals have along the entire mining value chain to help companies implement transformations at mine sites around the world.
The world's largest mining operations database
MineLens allows companies to compare their operating, labor, and cost performance to a broad set of peers. Our proprietary database includes equipment, cost, and labor metrics from over 275 mining operations across the globe.
Unique, targeted insights
Our team of mining experts visit sites to understand the unique context of a company’s operations and provides recommendations based on the most granular level of detail.
Freeport-McMoRan, one of the world’s leading mining companies, faced a dilemma. To maintain growth in its Americas copper operations it needed to increase production. Freeport believed the answer lay in improving operations with advanced analytics.
By upskilling employees and innovating with analytics, Tata Steel’s plant in Kalinganagar, India, achieved performance gains that earned it recognition as a leading digital facility by the World Economic Forum.
Want to learn more about how MineLens can help your organization?