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.
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Straits Resources has implemented the Gemcom InSite mine production management solution at its Tritton copper mine located near Nyngan in New South Wales, Australia. The Tritton underground copper mine has been in operation since 2004 and produced a total of 23,936 t of copper in 2011. The statement said that Tritton had opted for InSite to provide a single solution to the operation’s data management requirements. The software’s data integration and data reconciliation functionalities have eliminated the mine’s reliance on time consuming, manual entry spreadsheets and provided a centralised database for the entire site.
