Mining's cost competition

Mining has changed since the downturn. What was once a question of, ‘how many tonnes can a company produce?’, has become, ‘how much does it cost to produce that tonne of ore?’

Heating up: The contenders for the world’s lowest-cost mining jurisdiction are constantly changing

30 August 2017
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Commodity price volatilty has caused this, but so too have increased labour costs, falling labour productivity, higher royalty charges, exchange rate fluctuations, changing contractor and engineer

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