Management of Mineral Resources: Creating Value in the Mining Business - Softcover

Camus, Juan P.

Softcover

ISBN 10: 0873352165 ISBN 13: 9780873352161

Publisher: Society for Mining, Metallurgy, and Exploration, Inc., 2002

Synopsis

Mining, as one of the world’s earliest industrial activities, continues to yield minerals and resources both valuable and fundamental to civilization. Yet the industry that produces such riches is not as lucrative as it may seem. It is one endeavor to discover a mineral deposit, and quite another to mine it profitably.

The industry’s strategy for coping with low profitability has focused primarily on controlling production costs. Despite mechanization, automation, and other technical improvements, the aggregate profitability of mining still falls far short of that realized by most other industries. What appears to be lacking, contends author Juan Camus, is not additional technical knowledge, but rather sound management practices that utilitize the existing knowledge base more productively. Management of Mineral Resources aims to raise the level of mining profitability through better management—the process of generating plans and supervising their implementation.

This book is concerned with the analysis of some of the internal, controllable factors that influence mining production effectiveness. It combines the best thinking in mining and management so that practitioners can devise a concrete strategy for generating maximum shareholder value. Ideas in both of these areas have rapidly evolved in recent years, and this insightful text presents an authoritative review of the current state of the art.

A mass of published material exists, yet it is widely scattered—much of it in technical papers—and therefore not readily accessible. The thought-provoking material in this book has been selected, summarized, and presented by the author in a form that preserves the perspective of its relative importance.

About this title

From the Publisher

The industry’s strategy for coping with low profitability has focused primarily on controlling production costs. Despite mechanization, automation, and other technical improvements, the aggregate profitability of mining still falls far short of that realized by most other industries.

What appears to be lacking, contends author Juan Camus, is not additional technical knowledge, but rather sound management practices that utilize the existing knowledge base more productively. Management of Mineral Resources: Creating Value in the Mining Business aims to raise the level of mining profitability through better management—the process of generating plans and supervising their implementation.

This book is concerned with the analysis of some of the internal, controllable factors that influence mining production effectiveness. It combines the best thinking in mining and management so that practitioners can devise a concrete strategy for generating maximum shareholder value. Ideas in both of these areas have rapidly evolved in recent years, and this insightful text presents an authoritative review of the current state of the art.

A mass of published material exists, yet it is widely scattered—much of it in technical papers—and therefore not readily accessible. The thought-provoking material in this book has been selected, summarized, and presented by the author in a form that preserves the perspective of its relative importance.

Overall, the book puts forward a systematic approach for conducting the mining business, which challenges the many paradigms and rules of thumb that have been used in mining over the years.

Review

His approach is systematic, and he challenges some outmoded paradigms and rules of thumb. -- SciTech Book News, Sept 2002

The book is ... in a very readable form and can be referenced by both the industry practitioner and non-expert alike -- by David Tutton, Consultant Mining Engineer, Germany

This book should be in the hands of anyone involved in, or aspiring to, management...of the minerals industry. -- Paul E. Lunney, P.Eng, MBA Director, Business Development Noranda Inc.

Edition details

• Publisher: Society for Mining, Metallurgy, and Exploration, Inc.
• Publication date: 2002
• ISBN 10: 0873352165
• ISBN 13: 9780873352161
• Binding: Paperback
• Language: English
• Number of pages: 120