Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
A quick scan of the latest annual and year-end reports from some of the world's major mining companies confirms what many in the industry have been seeing at first hand for several years now. In conjunction with their sell-off of non-core and under-performing assets, companies have become increasingly cautious about their exploration spending as they look for ways to cut costs and streamline their operations. This is, of course, nothing new to anyone who has been involved in mining and exploration though a number of economic cycles. It is a sad but true fact that mining still seems to be locked into a self-perpetuating boom-and-bust mentality, spending like there is no tomorrow when commodity prices are high, and then suffering the consequences in each succeeding downturn. The current cycle is, unfortunately, no exception. In a presentation to the PDAC in March, Richard Schodde, managing director of the Australian firm, MinEx Consulting, put the situation into some perspective.
A quick scan of the latest annual and year-end reports from some of the world's major mining companies confirms what many in the industry have been seeing at first hand for several years now. In conjunction with their sell-off of non-core and under-performing assets, companies have become increasingly cautious about their exploration spending as they look for ways to cut costs and streamline their operations. This is, of course, nothing new to anyone who has been involved in mining and exploration though a number of economic cycles. It is a sad but true fact that mining still seems to be locked into a self-perpetuating boom-and-bust mentality, spending like there is no tomorrow when commodity prices are high, and then suffering the consequences in each succeeding downturn. The current cycle is, unfortunately, no exception. In a presentation to the PDAC in March, Richard Schodde, managing director of the Australian firm, MinEx Consulting, put the situation into some perspective.
Budgets trimmed, with closer focus
Walker, Simon (Autor:in)
2017
Aufsatz (Zeitschrift)
Englisch
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