Metro Mining today announced the completion of the Bankable Feasibility Study (BFS) for the Bauxite Hills Mine, confirming strong financial returns from the project and demonstrating the benefits from acquiring Gulf Alumina Limited (Gulf).
In January this year I set out to test the concept of crowd sourcing equipment benchmark data. We are now one month on from the initial survey responses and it is worth sharing the results so far.
Ever come up with a good idea, told a few people about it but the excitement waned, nothing happened? This has been me on many occasions. The key to getting your plans actioned is articulating value, expressed in dollars.
Join us for a free lunch and learn session in Brisbane to discuss getting optimum value during the execution of a feasibility study. The session will be co-presented with David Plowman – Principal Mining Consultant, MEC Mining and guest speaker Ryan Hanrahan – Director, Wave International
Date: Tuesday 14th, February (Booked out) and Wednesday 15th, February.
Venue: MEC Mining – Level 12, 97 Creek Street – Brisbane
Spaces are limited – Register at firstname.lastname@example.org
At the end of this article I reckon I might be able to answer my own question.
The team and I were talking the other day about how hard it is to get real data that can be used for bench-marking equipment performance. It can be expensive and not always reliable. So I thought I would test the theory that most people have the same problem and most people hold a small piece of data about their own equipment that would help complete the overall puzzle for everyone.
I am often engaged by mining clients to recommend ways to improve profitability.
While there are countless things that you can do, here are my top 5:
MEC Mining was invited to assist with design work for the earthworks associated with the Nicaragua Canal Project. The canal is the largest civil earthmoving operation and biggest dredging venture in history and, requires excavation of approximately 5 billion cubic meters of material.
Yes, you are reading this right, procostination, not procrastination is most likely stealing value from your business. What is procostination? It is (apart from a word i made up) the action of delaying or postponing spending money on something that will deliver value. I am sure you have countless examples of where you have seen this or even done it yourself.
Anyone who has done FIFO or DIDO probably has countless stories about their camp experiences. Equally positive and negative I am sure.
Having spent over a decade doing FIFO myself I was recently reflecting in a discussion, with a new graduate on what my experiences were like.
An ASX listed mining company engaged MEC Mining to find a high quality Mine Manager for their owners team at their flagship open cut mine in Norway. MEC Mining undertook the full recruitment process including interviews, medicals, reference checks and physiological testing to find the best candidate for the role.