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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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- 27 Mar
The Knowledge Problem
- Mar 27, 2017
- IanRunge
- 0
- information, knowledge, mine planning, Technology
Excerpt from the paper: Economics, Technological Change, and the Knowledge Problem. � �Faster computers allow us to process more data, and to carry out more analyses than has been possible up until now. �But every problem to be solved includes […]
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