With tariff concerns, election-year politics, and shifting financial conditions, owners may approach new projects with caution. As the year progresses, contractors will experience competitive bidding, tight deadlines, and the ongoing need for sustainable operations. In this article, our experts share four strategies for managing costs effectively in this evolving environment.

With a cautious mood expected for the coming year, cost control is a key focus for many companies. However, some mines may adopt a short-term view of costs, potentially leading to actions that could increase expenses in the long run. In this article, we share five tips from our experts on practicing cost control while considering the long-term perspective.

As Canadian mines consider their plans for the coming year, the industry remains a mainstay of the Canadian economy and a key player in the global mining sector. In 2025, we will see a balanced approach. On the one hand, demand for energy and precious metals will remain strong, and the pace of development in these sectors will continue. On the other, capital has become a number one concern as investors demand greater fiscal accountability.

On November 30, 2024, we celebrated a major achievement: 1 billion tons of material had been moved via Komatsu’s FrontRunner automated haulage system (AHS) in Canada! (That’s about 8 billion wheelbarrow trips’ worth.) This milestone is the result of years of innovation and collaboration between Komatsu, SMS Equipment and our Canadian mining customers.