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.
J. H. Fletcher & Co. has been building diesel powered scaling machines using inverted articulating booms with a Caterpillar 320 crawler undercarriage base for the last 11 years. The current model covers mining heights up to 5.2 m but the concept can easily be applied to heights above 9 m using a larger Caterpillar undercarriage. The crawler undercarriage provides both a stable and nimble platform for the scaling operation.
