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.
As recipient of the 2011 Newmont Africa Regional Supplier of the Year, Africa Underground Mining Services (AUMS) has been recognised for their commitment to excellence in service and project delivery. A supplier to the Newmont run Ahafo gold mine in Ghana, West Africa, AUMS has held the contract for delivery of underground mining services at the site since January 2010. The initial scope of works for an exploration decline and level development, trial stoping, raiseboring and 28,000 m of diamond drilling was brought in two months ahead of schedule. (more…)