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.
Geosoft is collaborating with Russia’s leading scientific university Perm State and geophysical technology firm AGT Systems. The partnership will equip the students of Perm State’s Geological Faculty with applied knowledge of industry-leading exploration technology and data processing software. ”There is a huge base of geologists, geophysicists and mining engineers in Russia with good professional education,” says Victor Ovcharuk, Director of AGT Systems, based in Moscow. “What’s missing is knowledge of modern software and technology for exploration and mining.” (more…)