Oil is fast becoming a scarce resource, with alarming estimates from a range of credible sources suggesting that we will run out of the commodity during the current century. It has therefore become crucial for companies, especially those that are heavily oil-dependent, to identify new ways of continuing operations whilst becoming more efficient.

A statistic recently published by Worldmeters - based on the current consumption rate of oil - estimates that by the year 2054, a mere 42 years from now, the world will run out of oil based resources. 

Greater stakeholder collaboration can reduce fatalities by a significant margin

At the 2003 Health and Safety Summit, Government committed to bringing safety in mining up to international standards by 2013. However, ten years later the industry is still grappling with the issue, with mine deaths having risen by 8% year-on-year in the second quarter of 2012.

According to Johan Duvenhage, Managing Director for Gold and Uranium at AEL Mining Services, while good strides have been made by the industry to improve safety at mines, it is critical that Government reviewscurrent safety regulations to help reduce the number of fatalities, particularly in the platinum and gold sectors where South Africa is deemed to be one of the world’s top producers.

As safety is a number one priority at AEL, the principle extends to everything we do. Recently this was true when safe destruction methods were employed to eliminate waste explosives at Geita Gold Mine and Golden Pride Mine in Tanzania.