Open Pit Gold Mine Depth, page-21

  1. 201 Posts.
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    Ah yes, but you don't have an MBA . . .So you're allowed to concrete footings. Agree with all of that, I'm looking around for a narrow vein myself. Unfortunately, Uncle Gary's not acceded to my requests for permission to pump out BBC and tribute the various bits and bobs that I know are down there - something like 40koz pretty much already developed. One day. . .

    I tend to be wary of UG narrow vein stuff in many outfits. Too many overcapitalize on small projects where the production rate will never produce the volume and margins required to repay capital. It's all about scale.

    I'm also wary of younger mine managers who haven't had enough exposure to shrink stoping to complement longhole experience and certainly don't understand variance in Resource models. I'll make some comments on that here, when I get around to it.
 
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