The pressures on profitability in the mining industry should lead to step changes in innovation and technology. As good grade near surface is harder to find the potential to mechanise high grade deep underground should become more appealing with the right technologies.
Anglogold are making substantial investments to improve South African deep mine economics.
Rocmec discussed narrow vein mining innovations at PDAC.
If these technologies can prove themselves old mining areas may see renewed interest.
Seeking Junior Gold Miners and Silver Miners for Investment. Manage Your Hope & Fear. You really cannot just buy and hold - sell some to greed - buy into fear was never more true but hard to do.
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