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|Title:||Cost reduction in mining industry: a conceptual analysis|
|Authors:||Uma, Maheshwar, Rao, K.|
Suryanarayana, Murthy, Ch.
|Citation:||Journal of Mines, Metals and Fuels, 1989, Vol.37, 3, pp.99-103, 116|
|Abstract:||For rapid industrialization, a high degree of mechanisation has become inevitable, further increasing the capital investment. Mining statistics project a figure of 60 to 80% of the capital invested in a few new coal mining projects on mining machinery and around 5 to 15% on the development necessary to install the equipment. However, a mining property has a definite value only by virtue of its ability to produce profit over a span of years. The components and areas in which cost can be reduced are dealt with.|
|Appears in Collections:||1. Journal Articles|
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