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.
Mining software and solutions provider Micromine has been contracted by Altain Khuder LLC to supply and install its mine control and management reporting solution, Pitram, at the Tayan Nuur iron ore mine in Mongolia. It is Micromine’s first Pitram sale in Mongolia, and as such the group sees this as a significant milestone. Pitram is a mine control and management reporting solution that records, manages and processes mine site data in real-time. It provides a thorough overview of a mine site‟s activities, allowing for increased managerial control over an operation. (more…)