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Mr. Douglas Morrison

5 articles
Canada CEMI

Biography

Douglas Morrison has over 35 years of industry experience; 15 years in operations in the deep nickel-copper mines in Sudbury, and 16 years consulting internationally with Golder Associates, living and working in Australia, South America and Europe. His focus has always been on mine safety and productivity and he has participated in many of the early attempts to introduce new technologies in mines. Since 2012 he has been the CEO of CEMI, helping to develop technologies that will dramatically increase the ROI and NPV of mining projects by increasing production rates and reducing labour and energy costs in deep mines, and changing mine waste management systems. Title: “Resolving the impasse between Operational Risk and Investor Risk.” Mines cease to operate when they are insufficiently productive to provide an adequate return on investment and the decline in productivity in metal mines has been estimated at 30-40% over the last decade. This is the consequence of using 30-year old technology platforms in the face of inexorable increases in production costs and delays that erode the return on investment. Introducing significant change to operational practice is expensive and difficult but it is the only way to create a step-change improvement in operational performance. Thus, operational perceptions of the undesirable ‘risk’ of change, conflict with investor exposure to the ‘risk’ of failing to meet promised returns. With the future impact of projected lower ore grades, lower discovery rates, and fewer experienced personnel, the reversal of the decline in in operational performance must be dramatic if investor confidence is to be restored. Implementing more IT/OT is necessary but insufficient and achieving the kind of fundamental process changes presented here, is now essential and urgent. For the metal mining industry to provide desirable returns will require investors to adopt a more direct and