Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
In a R150 million (US$21 million) contract, Bateman Engineering designed the 250 t/h diamond-processing plant installed on board De Beers Marine (Pty) Ltd’s vessel mv Peace in Africa. The objective of the project was to establish a viable, sustainable marine mine producing 240,000 carats of diamonds in the South African Sea Areas (SASA) off the west coast of South Africa, based on De Beers’ new sub-sea mining technology and exploration data on the area…more at MEI Online
