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- 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 […]
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- 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 […]
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- 05 Jun
Will we be able to afford commodities in the future?
- Jun 05, 2016
- IanRunge
- 0
- Commodities, Demand, Exploitation, Reserves, Resources, Supply
We are always exploiting the easiest reserves of everything – coal, oil, gas, copper, or any other commodity. As these reserves are exhausted won’t the cost of extraction from new deeper, more complex deposits increase substantially? Will we be able […]
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- 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. […]
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