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.
GEOVARIANCES (www.geovariances.com), the leading provider of advanced geostatistics solutions, announces its Gold Sponsorship for the next GEOSTATS Conference in Santiago de Chile, December 1-5, 2008.
During the conference, GEOVARIANCES will showcase its innovative technologies with two case
studies:
– The first one will address the Oil & Gas sector and will show on a real Brazilian case how the uncertainties on the reservoir model are reduced using GEOVARIANCES global approach.
– The second one will address the Mining sector and will unveil the results of the R&D consortium M2RC (http://www.geovariances.com/multivariate-recoverable-resources-consortiumar0205.html) on a Chilean case study and will demonstrate how they improve the recoverable resources estimation….see full press releases – GEOVARIANCES to showcase its innovations at GEOSTATS 2008
