December 2016
VIEW

December 2016
Navigating volatility – do you change your business or the way your business works?
The key to success is agility and getting into shape to deal with volatility now. It is important to focus on six areas that will lead to more effective cash management. Mining companies must move faster to generate cash and strengthen their balance sheets if they are to successfully navigate ongoing volatility. This is a challenge that management will need to deal with for some time. EY’s recently released report, Navigating volatility: do you change your business or the way your Read More
December 2016
Book review: Applied Mining Geology by Marat Abzalov
Applied Mining Geology brings together aspects from field geology, mine geology and mineral resource estimation in a practical guide that could easily become the new handbook for mining geologists of the future. Dr Marat Abzalov is probably known by many readers, having published a number of papers with co-authors in the AusIMM’s Mineral Resource and Ore Reserve Estimation (Monograph 30), the Transactions of the Institutions of Mining and Metallurgy and the Journal of the Southern Read More
December 2016
Country Snapshot: Mining in Peru
Peru is an increasingly attractive mining destination due to its considerable mineral reserves and favourable regulatory environment. The country has a well-established mining industry and is one of the world’s largest producers of base and precious metals. Strengths As of 2013, Peru was the: second-largest producer of silver (accounting for approximately 17 per cent of world supply) third-largest producer of copper (~7 per cent), tin (~10 per cent) and zinc (~10 per cent) Read More
December 2016
Waste not, want not – rethinking the tailings and mine waste issue
An exploration of ideas that could help make the reuse of waste and tailings more economically viable Over the past 15 years, the mining industry has begun to incorporate the concepts of sustainable development and sustainable mining practice across the life cycle of mineral operations. This requires addressing economic issues and community impacts and concerns, as well as environmental protection, and is captured in part by the phrase ‘design for sustainability’ (McClellan et al, 2009). Read More
December 2016
The gender pay gap and the mining industry
What the 2016 AusIMM Professional Employment Survey says about the gender pay gap As part of the AusIMM Professional Employment Survey conducted in June 2016, the AusIMM asked questions about the remuneration that survey respondents receive. These questions are included every two years in the Professional Employment Survey and provide a valuable insight into how the current industry climate is affecting members’ salaries. As the remuneration results from the 2016 AusIMM Professional Read More
December 2016
The Australian and New Zealand gold industry – going all in
An overview of the current state of the gold sector and the opportunities and challenges it faces in Australia and New Zealand Gold is hot. Reported all-in sustaining costs (AISC) indicate that strong margins prevail for the vast majority of Australian and New Zealand gold producers in 2016. The outlook for miners will continue to be positive if gold prices and exchange rates remain around present levels into 2017. However, in the longer term, significant challenges to the sustainability Read More