MineLens by McKinsey, is an information, expert, and analytic service with the largest database of mining performance metrics focused on equipment effectiveness, labor productivity, and cost optimization. Clients utilize MineLens to identify, quantify, and prioritize value creation opportunities.
- Subscribers typically find 10-15% cost reductions in the first year
- Compares your performance to a broad set of global peers
- Identifies metrics for planning and target setting
MineLens allows mining companies to compare the performance of their existing – and planned – sites with others in the sector and the industry as a whole. By accounting for structural differences between mines, regions and commodity types, MineLens allows operators to understand the potential of sites to deliver improved value, and to identify and prioritize the most effective ways to capture that value.