New Drill System to Revolutionise African Gold Mining: By Ian Cockerill, Chairman of Petmin and Former Chief Executive of Gold Fields. He Has Been Advising Peterstow on Taking Its Technology to Market

Cockerill, Ian, African Business

Unlike many of the world's major industries, which have proven adaptive to changing circumstances, gold mining has changed little in the past 100 years, despite growing pressure on business to become more sustainable. Mines consume vast amounts of power and water, which are no longer plentiful and cheap, as they once were. South Africa, in particular is struggling to meet power demands. People have also started asking serious questions about the environmental impact of mining.

Mines, along with other major consumers of power across Africa, are now obliged to cut power consumption, and there is likely to be increasing pressure, and legislation, to ensure they do more.

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There are huge inefficiencies in the processes of hard rock mining. …

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Publication information: Article title: New Drill System to Revolutionise African Gold Mining: By Ian Cockerill, Chairman of Petmin and Former Chief Executive of Gold Fields. He Has Been Advising Peterstow on Taking Its Technology to Market. Contributors: Cockerill, Ian - Author. Magazine title: African Business. Issue: 372 Publication date: February 2011. Page number: 44. © 2009 IC Publications Ltd. COPYRIGHT 2011 Gale Group.

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