Data and AI-driven analysis ‘the new oil’ in mining, Deloitte adviser says
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Data and AI-driven analysis ‘the new oil’ in mining, Deloitte adviser says

Commodities

Rising operating costs and difficulty in extraction are driving resource firms to rely more on M&A

David Hill, an M&A expert and former Asia Pacific CEO at Deloitte, said AI capabilities are changing how companies approach M&A deals. (Photo collage by Kenichiro Kamata)

SYDNEY — Data is becoming an increasingly crucial asset for firms involved in resource exploration, as artificial intelligence makes it possible to quickly analyze large amounts of information.

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