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Innovation the key to success in troubled mining sector

A study into innovation in Africa’s mining sector has shown that mining houses will need to innovate if they want to succeed in a sector marked by plunging commodity prices, deeper and more dangerous mines, greater geographical complexity and labour unrest. The ‘Innovation State of Play: Africa’ report, compiled by Monitor Deloitte and Mining Indaba, shows that the African mining sector is midfield in terms of innovation focus and impact. It scores on the lower end of competence on the industry maturity scale, but is slightly above the Canadian average.