Slide 1: Harnessing technology & automation for economic growth
Harnessing technology & automation for economic growth Alfred Baku: EVP & Head of West Africa - Gold Fields Mining Indaba Virtual – February 2021
Slide 2: Panel discussion talking points
Panel discussion talking points TOPIC 4IR: How can African mining harness technology and automation in a pandemic to help grow economies? How should labour and industry work together to ensure Africa’s mining sector does not fall behind, while safeguarding employees? Establishing a way forward p
Slide 3: Managing COVID-19: Reducing impact on operations & employees
Managing COVID-19 Reducing impact on operations & employees Total commitment: over US$1.2 million Support to government: US$444.000 GFG’s response plan Mitigation measures & support to employees Identify risks and provide mitigations Provide support to employees, host communities and government Sc
Slide 4: Managing COVID-19: Reducing impact on host communities
Managing COVID-19 Reducing impact on host communities Total commitment: over US$1.2 million Support to government: US$444.000 Support to host communities Collaboration with municipal Donation of two ambulances to PPE, including facemasks, hand health directorates to manage two host community hospita
Slide 5: COVID-19 Lessons
COVID-19 Lessons Innovation & Technology Swift adoption of technology enabled us to: • Work from home effectively • Conduct important business meetings and stakeholder engagements virtually • Enhance efficiency Prioritising health & safety of employees • Investing in health & safety of employees is
Slide 6: What is the definition of I&T in the mining context?
What is the definition of I&T in the mining context? Industry Revolution 4.0 in mining Over the past 30 years industry has tried to harness innovation and technology (I&T) to improve efficiencies. What does I&T mean for mining? Digitisation of mining processes and integration into digital ecosystems
Slide 7: Modernising the mining industry
Modernising the mining industry The impact of I&T on mining Safer working environments Optimal efficiency through Total safety (Zero Harm) simplification & smarter operations Improved value creation & shareholder returns Reduction of footprint & social Sustainability through licence to operate Innov
Slide 8: The 5S Mining Innovation Model
The 5S Mining Innovation Model Source: The 5S model by Prof. Tony Nieto Harnessing technology & automation for economic growth | Alfred Baku | Mining Indaba Virtual – February 2021 8
Slide 9: Key requirements for modernising
Key requirements for modernising Three key components Strategy Digital mining Innovative Mindset systems (Working) Vision and targets Digital systems New social architecture Modernisation Harnessing technology & automation for economic growth | Alfred Baku | Mining Indaba Virtual – February 2021 9
Slide 10: Gold Fields' journey – open-pit mining
Gold Fields’ journey – open-pit mining What Gold Fields expects to achieve by 2025 as part of its I&T journey Harnessing technology & automation for economic growth | Alfred Baku | Mining Indaba Virtual – February 2021 10
Slide 11: Building the organisation to deliver the mine of the future
Building the organisation to deliver the mine of the future Pillars of organisational effectiveness to deliver on Gold Fields Horizon 2 Development of I&T skills to operate the mine of the future A new way of working is required for mining to achieve its desired outcomes Harnessing technology & auto
Slide 12: The Gold Fields Ghana's story
The Gold Fields Ghana’s story I&T adoption at Tarkwa and Damang mines Cleaner safer vehicle initiative (conversion of diesel engines to LNG ) Piloting auto drilling at High precision GPS hole navigation Tarkwa mine system installed on drill rigs Automation of HR systems and processes Coming soon: St
Slide 13: The AU Agenda 2063
The AU Agenda 2063 The Africa we want Goal 4: Transformed economies Actions by Ghana government Economic transformation through: Mining: a key factor to economic growth Modernisation Sanitising small scale mining industry Technology Introduction of community mining scheme Sustainable natural resourc
Slide 14: Thank you
Thank you