The oil and gas sector offers powerful strategies to accelerate mining efficiency, as revealed in a recent CIM Magazine interview with Clareo Managing Director Satish Rao. The industry demonstrates how to transform production timelines through a manufacturing mindset, innovative technology adoption, and streamlined operations.
For example, ExxonMobil’s success in Guyana showcases how strategic technology choices and efficient processes can dramatically reduce time to production. While copper mines currently take 16-17 years from discovery to production, mining companies can slash these timelines by implementing better drilling optimization and advanced technologies. The mining sector can adopt promising innovations like 3D seismic imaging and quantum sensing for deep exploration, while building on its existing strengths in decarbonization and community engagement.
This cross-industry approach points to a future where mining combines rapid deployment with sustainable, responsible operations.
