Quick fixes won't help post-boom miners

Low productivity remains a drag on our mining industry. As commodity prices fall, the big miners are struggling to fix the problem.

The mining industry is battling a productivity nightmare, and as commodity prices tumble, solving that problem has become a race against the clock. But a new report suggests the miners are still favouring a quick fix over a long-term strategy.

Across the globe miners, including BHP Billiton, Rio Tinto and Fortescue, have managed to deliver substantial cost efficiencies after embarking on ‘productivity drives’ over the past year or so.  

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