Meeting Expectations for Profitable Production

Ross Gibbins, principal, growth planning, Thiess

The term costs has different meanings for self-performing mine owners and mining services providers. What is the general and specific definitions of profitable production? How does this relate to business sustainability and why is this important? How is this influenced by pit management? What impacts profitability and/or production? What part does innovation and technology play? This presentation will explore the relationship between operating costs, capital costs and revenue.