Loading…
Digitalization and changing value propositions for mining regions: Options for action
Digitalization has the power to fundamentally change many of the longstanding characteristics of mining, from the ways work is done, to where it is done and by whom. In particular, digitalization may decrease the direct value that mining can deliver to mining communities. Based primarily on Canadian...
Saved in:
Published in: | Resources policy 2024-04, Vol.91, p.104861, Article 104861 |
---|---|
Main Authors: | , , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
cited_by | cdi_FETCH-LOGICAL-c348t-b01a61fbf038ab7c99e30d961b0406b0ccc3f0489a4c2b4e9c56af35ac7ede213 |
---|---|
cites | cdi_FETCH-LOGICAL-c348t-b01a61fbf038ab7c99e30d961b0406b0ccc3f0489a4c2b4e9c56af35ac7ede213 |
container_end_page | |
container_issue | |
container_start_page | 104861 |
container_title | Resources policy |
container_volume | 91 |
creator | Storey, Keith Halseth, Greg Murphy, Laura Markey, Sean |
description | Digitalization has the power to fundamentally change many of the longstanding characteristics of mining, from the ways work is done, to where it is done and by whom. In particular, digitalization may decrease the direct value that mining can deliver to mining communities. Based primarily on Canadian experience, the paper frames a range of possible impacts and implications as digitalization changes the ‘value proposition’ of local resource extraction, and identifies a suite of possible actions that the main players in natural resource extraction regions may contemplate as they face digitalization. Addressing the impacts of digitalization and working to rethink the value proposition are in the interests of all parties affected, which argues for greater collaboration among the players if the full benefits of mining are to be realized.
•Digitalization provides companies with new revenue and value-producing opportunities.•Digitalization may decrease the value of mining activity to mining communities.•A social licence to operate may consequently become more difficult to achieve.•Collaboration among communities, companies and governments offers the best hope for developing new value propositions. |
doi_str_mv | 10.1016/j.resourpol.2024.104861 |
format | article |
fullrecord | <record><control><sourceid>elsevier_cross</sourceid><recordid>TN_cdi_crossref_primary_10_1016_j_resourpol_2024_104861</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><els_id>S0301420724002289</els_id><sourcerecordid>S0301420724002289</sourcerecordid><originalsourceid>FETCH-LOGICAL-c348t-b01a61fbf038ab7c99e30d961b0406b0ccc3f0489a4c2b4e9c56af35ac7ede213</originalsourceid><addsrcrecordid>eNqFkM1OwzAQhH0AiVJ4BvwCKevYzQ-3qvxKlXqhZ8vZrIOrNI7stBI8PYmK4MhpVzOa0e7H2J2AhQCR3e8XgaI_ht63ixRSNaqqyMQFm4EEkagU8it2HeMeAJZ5kc3Y7tE1bjCt-zKD8x03Xc3xw3SN6xp-Mu2ReB9876Ob7MitD_zguskN1EzSA9_2f57Bab9hl9a0kW5_5pztnp_e16_JZvvytl5tEpSqGJIKhMmErSzIwlQ5liVJqMtMVKAgqwARpR0_KI3CtFJU4jIzVi4N5lRTKuSc5edeDD7GQFb3wR1M-NQC9ERE7_UvET0R0WciY3J1TtJ43slR0BEddUi1C4SDrr37t-MbtudzQA</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype></control><display><type>article</type><title>Digitalization and changing value propositions for mining regions: Options for action</title><source>ScienceDirect Journals</source><creator>Storey, Keith ; Halseth, Greg ; Murphy, Laura ; Markey, Sean</creator><creatorcontrib>Storey, Keith ; Halseth, Greg ; Murphy, Laura ; Markey, Sean</creatorcontrib><description>Digitalization has the power to fundamentally change many of the longstanding characteristics of mining, from the ways work is done, to where it is done and by whom. In particular, digitalization may decrease the direct value that mining can deliver to mining communities. Based primarily on Canadian experience, the paper frames a range of possible impacts and implications as digitalization changes the ‘value proposition’ of local resource extraction, and identifies a suite of possible actions that the main players in natural resource extraction regions may contemplate as they face digitalization. Addressing the impacts of digitalization and working to rethink the value proposition are in the interests of all parties affected, which argues for greater collaboration among the players if the full benefits of mining are to be realized.
•Digitalization provides companies with new revenue and value-producing opportunities.•Digitalization may decrease the value of mining activity to mining communities.•A social licence to operate may consequently become more difficult to achieve.•Collaboration among communities, companies and governments offers the best hope for developing new value propositions.</description><identifier>ISSN: 0301-4207</identifier><identifier>DOI: 10.1016/j.resourpol.2024.104861</identifier><language>eng</language><publisher>Elsevier Ltd</publisher><subject>Canada ; Digitalization ; Mining ; Value propositions</subject><ispartof>Resources policy, 2024-04, Vol.91, p.104861, Article 104861</ispartof><rights>2024 Elsevier Ltd</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c348t-b01a61fbf038ab7c99e30d961b0406b0ccc3f0489a4c2b4e9c56af35ac7ede213</citedby><cites>FETCH-LOGICAL-c348t-b01a61fbf038ab7c99e30d961b0406b0ccc3f0489a4c2b4e9c56af35ac7ede213</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27924,27925</link.rule.ids></links><search><creatorcontrib>Storey, Keith</creatorcontrib><creatorcontrib>Halseth, Greg</creatorcontrib><creatorcontrib>Murphy, Laura</creatorcontrib><creatorcontrib>Markey, Sean</creatorcontrib><title>Digitalization and changing value propositions for mining regions: Options for action</title><title>Resources policy</title><description>Digitalization has the power to fundamentally change many of the longstanding characteristics of mining, from the ways work is done, to where it is done and by whom. In particular, digitalization may decrease the direct value that mining can deliver to mining communities. Based primarily on Canadian experience, the paper frames a range of possible impacts and implications as digitalization changes the ‘value proposition’ of local resource extraction, and identifies a suite of possible actions that the main players in natural resource extraction regions may contemplate as they face digitalization. Addressing the impacts of digitalization and working to rethink the value proposition are in the interests of all parties affected, which argues for greater collaboration among the players if the full benefits of mining are to be realized.
•Digitalization provides companies with new revenue and value-producing opportunities.•Digitalization may decrease the value of mining activity to mining communities.•A social licence to operate may consequently become more difficult to achieve.•Collaboration among communities, companies and governments offers the best hope for developing new value propositions.</description><subject>Canada</subject><subject>Digitalization</subject><subject>Mining</subject><subject>Value propositions</subject><issn>0301-4207</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><recordid>eNqFkM1OwzAQhH0AiVJ4BvwCKevYzQ-3qvxKlXqhZ8vZrIOrNI7stBI8PYmK4MhpVzOa0e7H2J2AhQCR3e8XgaI_ht63ixRSNaqqyMQFm4EEkagU8it2HeMeAJZ5kc3Y7tE1bjCt-zKD8x03Xc3xw3SN6xp-Mu2ReB9876Ob7MitD_zguskN1EzSA9_2f57Bab9hl9a0kW5_5pztnp_e16_JZvvytl5tEpSqGJIKhMmErSzIwlQ5liVJqMtMVKAgqwARpR0_KI3CtFJU4jIzVi4N5lRTKuSc5edeDD7GQFb3wR1M-NQC9ERE7_UvET0R0WciY3J1TtJ43slR0BEddUi1C4SDrr37t-MbtudzQA</recordid><startdate>202404</startdate><enddate>202404</enddate><creator>Storey, Keith</creator><creator>Halseth, Greg</creator><creator>Murphy, Laura</creator><creator>Markey, Sean</creator><general>Elsevier Ltd</general><scope>AAYXX</scope><scope>CITATION</scope></search><sort><creationdate>202404</creationdate><title>Digitalization and changing value propositions for mining regions: Options for action</title><author>Storey, Keith ; Halseth, Greg ; Murphy, Laura ; Markey, Sean</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c348t-b01a61fbf038ab7c99e30d961b0406b0ccc3f0489a4c2b4e9c56af35ac7ede213</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>Canada</topic><topic>Digitalization</topic><topic>Mining</topic><topic>Value propositions</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Storey, Keith</creatorcontrib><creatorcontrib>Halseth, Greg</creatorcontrib><creatorcontrib>Murphy, Laura</creatorcontrib><creatorcontrib>Markey, Sean</creatorcontrib><collection>CrossRef</collection><jtitle>Resources policy</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Storey, Keith</au><au>Halseth, Greg</au><au>Murphy, Laura</au><au>Markey, Sean</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Digitalization and changing value propositions for mining regions: Options for action</atitle><jtitle>Resources policy</jtitle><date>2024-04</date><risdate>2024</risdate><volume>91</volume><spage>104861</spage><pages>104861-</pages><artnum>104861</artnum><issn>0301-4207</issn><abstract>Digitalization has the power to fundamentally change many of the longstanding characteristics of mining, from the ways work is done, to where it is done and by whom. In particular, digitalization may decrease the direct value that mining can deliver to mining communities. Based primarily on Canadian experience, the paper frames a range of possible impacts and implications as digitalization changes the ‘value proposition’ of local resource extraction, and identifies a suite of possible actions that the main players in natural resource extraction regions may contemplate as they face digitalization. Addressing the impacts of digitalization and working to rethink the value proposition are in the interests of all parties affected, which argues for greater collaboration among the players if the full benefits of mining are to be realized.
•Digitalization provides companies with new revenue and value-producing opportunities.•Digitalization may decrease the value of mining activity to mining communities.•A social licence to operate may consequently become more difficult to achieve.•Collaboration among communities, companies and governments offers the best hope for developing new value propositions.</abstract><pub>Elsevier Ltd</pub><doi>10.1016/j.resourpol.2024.104861</doi></addata></record> |
fulltext | fulltext |
identifier | ISSN: 0301-4207 |
ispartof | Resources policy, 2024-04, Vol.91, p.104861, Article 104861 |
issn | 0301-4207 |
language | eng |
recordid | cdi_crossref_primary_10_1016_j_resourpol_2024_104861 |
source | ScienceDirect Journals |
subjects | Canada Digitalization Mining Value propositions |
title | Digitalization and changing value propositions for mining regions: Options for action |
url | http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-25T16%3A21%3A21IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-elsevier_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Digitalization%20and%20changing%20value%20propositions%20for%20mining%20regions:%20Options%20for%20action&rft.jtitle=Resources%20policy&rft.au=Storey,%20Keith&rft.date=2024-04&rft.volume=91&rft.spage=104861&rft.pages=104861-&rft.artnum=104861&rft.issn=0301-4207&rft_id=info:doi/10.1016/j.resourpol.2024.104861&rft_dat=%3Celsevier_cross%3ES0301420724002289%3C/elsevier_cross%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c348t-b01a61fbf038ab7c99e30d961b0406b0ccc3f0489a4c2b4e9c56af35ac7ede213%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_id=info:pmid/&rfr_iscdi=true |