INNOVATION

Miners gain modelling advantage

If you’re like most people working in mining operations, you have probably encountered the Theory of Constraints (ToC), which is prevalent in manufacturing. ToC is a powerful concept. But it is less relevant for mining companies than readers might assume.

Miners gain modelling advantage

ToC posits that every complex system, particularly in manufacturing, consists of multiple linked processes and that individual processes can act as dominant constraints on entire systems, creating bottlenecks....

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