PROMO TING INNO V A TION AND RD S tr a t egic Goal 3 C ollabor a tion is c entr al t o the Miner als C ouncil s modernisa tion model T ogether with public and priv a t e partners the Miner als C ouncil w orks t o ensur e tha t the mining indus try impr o v es its health and saf ety perf ormanc e and tha t the liv es of mines ar e e xt ended in or der t o r etain and or cr ea t e jobs Gold Fields South Deep Modernisa tion is a s tr a t egic priority f or the Miner als C ouncil as it has the pot ential t o ac c eler a t e the mining indus try s de v elopment gr o wth and perf ormanc e T he indus try is no w c ompelled t o embr ac e modernisa tion t o halt its decline and ensur e sus tainability T his means mining smart er mining longer and mining saf er and healthier Modernisa tion is mor e than the adoption of t echnology it s about a s ta t e of mind a w a y of thinking tha t will ultima t ely change the w a y the mining clus t er oper a t es and the w a y it is per c eiv ed T hr ough modernisa tion the mining clus t er can s triv e t o addr es s some of South A frica s t echnological and social challenges while building w orldleading c ompet encies in niche ar eas It is int ended t o bring among other things impr o v ed c ompetitiv enes s efcienc y and in v es tment a ttr activ enes s which in turn enc our age ec onomic gr o wth e xpand emplo yment incr ease e xports and impr o v e tax c ontributions and the c ontinued and mor e r esponsible use of South A frica s miner al r esour c es T he Miner als C ouncil s modernisa tion f ocused s tr a t egy w as initia t ed in 20 17 with the aim of as sis ting the management of c omple xities tha t w ould arise thr ough an incr easingly modernised and henc e mor e pr oductiv e mining indus try y et one oper a ting within South A frica s socially challenging highunemplo yment and highinequality en vir onment P age 7 9 MINERALS C OUNCIL SOUTH AFRICA INTEGRA TED ANNU AL REVIEW 20 19