MINER'S RIGHT

Mining's costs creep

Most investors in mining companies do not spend much time thinking about the price of oil, but that will change because mines use a lot of diesel and other fuels as well as lubricants and they are a key factor in a worrying increase in costs.

Tim Treadgold
 MinersRightApril2018-1680-600.jpg

MinersRightApril2018-1680-600.jpg

Not much has been said over the past 12-months about mining costs and certainly not about fuels thanks to steep falls after last year's crisis in the oil industry which saw the price plunge by 70% from...

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