Nothing beats homemade ore
There's no question that venturing offshore has a mystique about it that drives miners to new frontiers, but the author just wish many of those adventurers would give Canada a second look before investing their time and, moreover, their stakeholders' money in foreign projects. Powering up...
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Veröffentlicht in: | Canadian Mining Journal 2012-12, Vol.133 (10), p.5 |
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1. Verfasser: | |
Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | There's no question that venturing offshore has a mystique about it that drives miners to new frontiers, but the author just wish many of those adventurers would give Canada a second look before investing their time and, moreover, their stakeholders' money in foreign projects. Powering up a mine in the middle of nowhere, for instance, costs as much in diesel fuel as a fleet of city buses uses in a year, and getting other essentials like water, both for the mine and its workers, plus food supplies and accommodations, can also add up to be budget breakers. Recent headlines indicate that Canada is growing in popularity with foreign investors and miners moving in with increasing frequency, and they're not doing so on a hope and a prayer of finding something. |
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ISSN: | 0008-4492 1923-3418 |