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.