Michael Karmis: an interview with the 2002 SME president
Mining Engineering
, 2002, Vol. 54, No. 3, pp. 0-7
PREVIEW:
Your thoughts on the current status of the global minerals industries?
The global economic, technological, social and political changes of the last two decades of the 20th century resulted in the emergence of a restructured minerals industry. This industry is now based on a new cost-cutting philosophy; utilization of modern technology; productivity gains rather than production tonnages; diversification of mineral markets; and globalization of exploration, mining and processing. Quantity and tons used to be the focus. The emphasis today is on remaining competitive in the marketplace by lowering per-unit production costs as much as possible.
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