There is no doubt that the approach mining operations will be taking in 10 years time will be different from today. The changes in technology, equipment and process will undoubtedly improve our way of operating.
The modern mining business aspires to be “value optimised” to minimise its cost base and maximise its productivity, but how many businesses really know which levers and drivers to pull and push?
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.