CII Debuts New Tool to Improve Capital Projects in the Mining Sector

The mining industry plays an important role in the global economy. However, in spite of significant investment in capital projects in the mining sector, failed projects are unacceptably frequent and the success rate of mining projects leaves much to be desired. Due to the significant shortcomings in the sector, the CII Africa Chapter and CII’s Upstream, Midstream, and Mining (UMM) Sector Committee commissioned this research, which adds a Project Definition Rating Index (PDRI) for mining projects to the family of PDRIs already developed by CII.

Final Report 366, PDRI for Mining Projects

Mining delivers minerals that are central to the functioning of modern society, yet most mining projects suffer from significant inefficiencies. CII’s global partners in South Africa used the established structure of existing CII tools and identified issues that are critical for mining projects’ success.

The team developed a new PDRI for Mining Projects tool. The team planned to demonstrate this tool and explain how to use it during the 2020 CII Annual Conference, but that event was canceled due to the COVID-19 pandemic. In this webinar, authors Giel Bekker and Hardus Mulder will share everything they had planned to present in Denver.