INVESTMENT

"Cisco, one of our partners, have got $60 billion cash sitting in the bank: They could buy Barrick three times over"

Barrick Gold Corporation chief innovation officer Michelle Ash - touted as a future CEO of the world's biggest gold producer in some quarters - told the Austmine 2017 conference in Australia the best way for mining leaders to "know [their] future is to create it". She was talking about the "digital reinvention of the mine" and, specifically, disruptive forces inside and outside the industry that threaten to blow away some traditional industry thinking, and perhaps some of its participants, over the next decade.

Michelle Ash ... Technology changing business and industry landscape at an unprecedented rate

Michelle Ash ... Technology changing business and industry landscape at an unprecedented rate

Barrick has partnered with IT industry heavyweights such as Cisco and IBM to digitalise its mines – to digitally enhance them – to lower operating costs and improve investment returns in the highly capital...

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