Modern Mining October 2019

in mining

revenue from projects of this type now represents about 50 % of our global MM&M Services business – it’s an arena that Worley plays in very strongly. An example of what I’m referring to is the Pilbara region in Australia where the major iron ore companies are building new mines to replace operations that are no longer economic. They’re not producing more ton- nage – they’re investing to stay in business.” Bell adds that the work generated for Worley

our business in the past and we see this continuing in the future.” One major trend that Bell identifies in the MM&M market is an ever-growing emphasis on sustain- ing capital investment as mining companies look to extend the lives of their mines, improve the effi- ciency of existing operations or replace assets which have reached the end of their lives. “We’ve seen this trend developing over the past several years and

The Venetia diamond mine at sunset showing the two headgears of the VUP (photo: De Beers).

Impala Platinum’s 20 Shaft on the Western Limb of the Bushveld Complex, just one of many deep- shaft PGM projects that Worley has been involved with over the past 15 years (photo: Implats).

October 2019  MODERN MINING  17