Corruption, Mining & Sustainability

Gallery

This week, I read another damaging story about corruption involving mining companies and the Guinean Government revolving around Simandou, the vast undeveloped iron ore resource in Guinea. As you may know, there have been several allegations of corruption surrounding mining … Continue reading

How can we leverage big data technology to run efficient mines?

Gallery

This gallery contains 1 photo.

This week, I had a conversation with a colleague that led me to think about how little we are using the available data at mines to facilitate better decision-making. And, consequently, how little advantage we take of the large amounts … Continue reading

Project cost overruns: Implications for public disclosure.

Gallery

This gallery contains 1 photo.

There is a long history of cost overruns in mining. By some estimates, average cost overruns for mining projects range from 20 to 60%. This is, particularly, interesting when you think of the fact that most of our rules governing … Continue reading

What should we expect with the “gamification” of mine planning?

Gallery

This gallery contains 1 photo.

This week’s edition of Mining Journal reports on the unveiling of Runge Pincock Minarco‘s yet-to-be-released mine planning tool Xecute at last month’s SAP Mining & Metals Forum in Darmstadt, Germany. Runge’s CEO Mr. Richard Mathews gave the Forum’s attendees  a … Continue reading

The Molycorp story and government policy risks in mine or business valuation

Gallery

This gallery contains 1 photo.

UPDATED 12/28/15 Molycorp stock continued to fall so much that Molycorp now trades under a new ticker symbol (MCPIQ) on the OTC Markets. ORIGINAL POST FOLLOWS In recent days, I have read a lot of news stories on the fortunes … Continue reading

The entrance of the big boys: The changing landscape of the mine planning software business

Gallery

This gallery contains 1 photo.

The recent acquisition of Mintec, providers of MineSight, by Hexagon AB of Sweden is the second such entry  by a large company into the mine planning software business. This news has caused me to think about what this means for … Continue reading