-
- 02 Dec
Mining the Magenta Line
- Dec 02, 2019
- IanRunge
- 0
- airmanship, At the Coal Face, Automation, Commodity Prices, Division of Labour, Economics, Efficiency Frontier, Knowledge Problem, Strategy
[excerpts] From the perspective of major commodity price cycles, there is arguably no better time than right now to be considering productivity and efficiency. Mining company balance sheets have been repaired, and companies can think about replacing the short-term expedient […]
Read more -
- 01 Aug
Most Disadvantageous Lottery in the World
- Aug 01, 2017
- IanRunge
- 0
- Batteries, Central Banks, China, Coal, Commodity Prices, Copper, GFC, Iron Ore, Money Supply, Oil Shale, Reserves, Resources, Technology
Noosa Mining and Exploration Conference, 2017. According to Adam Smith – the father of Economics, and obviously no fan of mining – the search after new mines is “perhaps the most disadvantageous lottery in the world.” (from “The Wealth of […]
Read more -
- 12 Apr
Mining Economics and Technology
- Apr 12, 2017
- IanRunge
- 0
- Commodity Prices, computer, Economics, mine planning, Reserves, Technology
Excerpt from a presentation to the International Mining Congress and Exhibition of Turkey, April 2017 Technology allows things to be done that were previously not possible to do. For example: the analysis of the complex interaction between multiple trucks and […]
Read more