Giant gold mine in South Africa emulates Toyota to boost profit

Gold Fields looked at Toyota’s processes in a bid to turn South Deep into a so-called tier 1 mine.

Gold Fields Ltd. was burning cash almost every year at their only facility in South Africa, until the continent’s third-largest miner of the metal started looking at Toyota Motor Corp. for inspiration.

Toyota was a pioneer of the so-called just-in-time system, a manufacturing workflow methodology aimed at reducing flow times and costs by keeping inventories super lean. It helped the company produce cars in a fast and efficient manner. Meanwhile South Deep, which in 2018 reduced the number of underground drill rigs, loaders and trucks by a third, is stepping up deployment of new technology, including a drilling machine that Gold Fields expects will increase gold extraction and create a safer working environment for workers.

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