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.
redbore.jpg
The latest addition to the Redbore family of raise drills from the Redpath Group, mining contractors and engineers, is the Redbore 90. Redpath says it was manufactured “to address the growing demand for 4.5 to 5.5 m diameter raises up to 600+ m in length. Our clients quickly recognised the benefits of a new drill which utilises the latest in modern proven technology to deliver more cost effective raise development.” The Redbore 90 provides coverage in capacity between Redpath’s Redbore 70 and a Redbore 100. This considerably lower profile drill provides a cost effective method to bore large diameter raises underground while minimising the expensive underground excavations required by older model raisedrills. The Redbore 90 is easily dismantled and provides quicker, more efficient, equipment mobilisation whether on surface or underground; resulting in savings of time and money to ensure the capabilities of the drill are used sooner. (more…)
