Creating competitive advantage in mining: An illustrative comparison with the oil industry

Garcia, Jose, Juan Camus and Knights, Peter (2010). Creating competitive advantage in mining: An illustrative comparison with the oil industry. In: Raul Castro, Romke Kuyvenhoven and Xavier Emery, Proceedings of the 4th International Conference on Mining Innovation, MININ 2010. The Fourth International Conference on Mining Innovation, Santiago, Chile, (261-270). 23-25 June 2010.

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Author Garcia, Jose
Juan Camus
Knights, Peter
Title of paper Creating competitive advantage in mining: An illustrative comparison with the oil industry
Conference name The Fourth International Conference on Mining Innovation
Conference location Santiago, Chile
Conference dates 23-25 June 2010
Proceedings title Proceedings of the 4th International Conference on Mining Innovation, MININ 2010
Place of Publication Santiage, Chile
Publisher Gecamin
Publication Year 2010
Sub-type Fully published paper
ISBN 9789568504281
Editor Raul Castro
Romke Kuyvenhoven
Xavier Emery
Start page 261
End page 270
Total pages 10
Collection year 2011
Language eng
Abstract/Summary This paper discusses several management practices from the oil industry to support the proposition that financial performance in natural resource-based businesses relates more to upstream resource-related activities than downstream industrial-type activities concerned to production management. Outcomes of two studies conducted at the University of Queensland for nine oil and gas companies and 14 mining firms corroborated that those that excelled in increasing reserves were in turn those that delivered greater value to shareholders. The oil industry. historically more flourishing than mining. counts on management practices that focus more on the upstream segments of the business compared to the traditional downstream focus of mining. This paper appraises several ideas from these two strategies to propose and conclude that a new organisational framework is what mining may need to improve its competitive advantage.
Q-Index Code E1
Q-Index Status Confirmed Code
Institutional Status UQ

 
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Created: Tue, 15 Mar 2011, 15:42:56 EST by Deanna Mahony on behalf of School of Mechanical and Mining Engineering