-
- 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 -
- 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 -
- 05 Jul
DCF’s and NPV’s … Thank Irving Fisher!
- Jul 05, 2016
- IanRunge
- 0
- Boom and Bust, Business Cycles, DCF, Economics, NPV
Irving Fisher (1867-1947) was one of the greatest and clearest-thinking economists of all time. He established the theoretical support for modern discounted cash flow analysis, writing that “the value of capital is the present value of the flow of (net) […]
Read more -
- 05 Jun
Exploiting the World’s Non-renewable Resources
If you mine and burn some non-renewable resource – oil, gas, coal – to run your car on, or make electricity with, are you unfairly exploiting the world’s resources to the detriment of future generations? This is a common perception. […]
Read more -
- 07 Mar
Is the Boom already becoming a Bust and are we Prepared?
- Mar 07, 2016
- IanRunge
- 0
- Business Cycles, Commodities, Economics, GDP, Iron Ore, Marginal Costs, Prisoner's Dilemma, Producer's Dilemma, Supply
This paper is a shortened form of a public lecture in May-2012 by Ian Runge at the invitation of the University of Queensland School of Economics. The objective was to examine the state of the (then) current resources boom, and […]
Read more