Insight

Can the global rise in labour productivity in copper mining be sustained?

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Report summary

After a nine-year gradual decline, global labour productivity in copper mines has risen for the past two years and is forecast to lift again in 2017. The change is the result of workforce cuts, improved work practices and closures of higher cost operations in response to the poor market environment experienced after the 2011 peak. Average tonnes treated per man-hour declined by 20% between 2005 and 2014 as a result of companies maximising production volumes in boom times. However, productivity has now moved upwards in response to margin pressure. 

What's included

This report contains

  • Document

    Productivity insight charts.xlsx

    XLSX 101.32 KB

  • Document

    Can the global rise in labour productivity in copper mining be sustained?

    PDF 255.72 KB

  • Document

    Can the global rise in labour productivity in copper mining be sustained?

    ZIP 325.22 KB

Table of contents

  • Executive summary
  • Higher prices led to the productivity decline
  • Pressure on wages likely to increase
  • Continuing the improvement will be a challenge

Tables and charts

This report includes 3 images and tables including:

Images

  • Global copper mine labour productivity vs price
  • Productivity by country - primary Cu mines (mills)
  • Global copper mine labour productivity - primary Cu mines (mills)

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