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FROM THE CAPITAL
Few winners in cost competition
Efforts to cut production costs always loom large in the aftermath of a cyclical decline in industry conditions but sustaining competitiveness benefits are rare.
The best efforts of operators to bring down costs have less impact on project profitability than one might think
In 'Mining’s cost competition', Mining Journal editor Daniel Gleeson highlighted current pressures on miners to improve their cost curve positions. A company’s positioning on an industry cost curve gives...
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