Mining Value Chain

Just like a physical chain the strength of the total chain is only determined by the weakest link.

Mining value chain. Exploration geochemical sample analysis. February 05 2019 image. The minerals industry value chain represents the stages and processes that a minerals project will go through to produce mineral products. Each stage represents a value add on the previous and there are opportunities to invest at each of the major stages.

2019 trends driving service providers. Mining industry value chain. Mapping the mining value chain to the porter value chain model figure 4 depicts the mapping of the generic mining value chain to the porter model. Porter s 1985 discovery a value chain is the chain of activities for a firm operating in a specific industry a strategy tool primary activities and support activities business unit level and sector level from mine to mining value chain.

Figure 3 brings out the types of mined materials and their importance in our lives while figure 4 provides an overview of the key stages in the mining industry value chain. The report contained a table that neatly summarized the mining and metals value chain which totals nearly 2 trillion a year. Note that the emphasis is on the mining activities and thus the outbound and marketing functions are not seen to have the same importance as would be the case in a manufacturing enterprise. The mining value chain 3 the mining value chain technologies and services developed by mintek 1.

The first step in driving operational improvement across the entire mining value chain is to have visibility of operational data. For reasons not stated the table contained in the report omitted silver. Courtesy of ja delmas. The mining value chain.

The overarching trends in the service segment pivot on complete turnkey solutions and reactivity. And artisanal and small scale mining assm. And mining inputs economic studies.