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.
International Mining April 2009, page 48, refers to Metplant having carried out the detailed engineering design for Red Back Mining’s Chirano plant in Ghana. Peter De Leo, Managing Director of Lycopodium Minerals points out that “it was Lycopodium who provided the full EPCM services (including commissioning) for the original Chirano project. We are also providing full EPCM services on the Chirano upgrade (currently under construction). Metplant was a sub-consultant to us, providing plant engineering and drafting support, using as its basis previous Lycopodium designs.” (more…)
