Successfully executing projects in the mining industry is extremely challenging. Head of Development at Waterton, Paul Nielson joins Mining Now to discuss some of these challenges including:
Unique nature of each deposit
Complex multidisciplinary work required to achieve sufficient confidence
Complexity of scale -- lower grades mean higher volumes and large projects
Not being able to choose where the mine is!
Significant volatility in commodity pricesHe outlines how from the start, the deck is stacked against the industry, and the track record of success in project execution hasn’t been good over long periods of time.
Watch Episode Here: https://youtu.be/RhfHi3R1m88