Transcription of Mining company strategy evolution: an overview and example ...
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Mining company strategy evolution: an overview and example ...
Mining company strategy EVOLUTION169 IntroductionBetween 2000 and 2012, the platinum group metal basketprice per platinum ounce sold increased at a cumulativeaverage growth rate (CAGR) of 8% in SA rand , during the same period, industry cash operatingcosts per platinum ounce increased at a compound annualgrowth rate of 15 18%. This increase in operating cost waslargely driven by increases in input costs such as wages,electrical components, electricity, explosives, supportmaterial, reagents, and diesel that were well above was exacerbated by a reduction in average feed headgrade by per annum between 2005 and 2012 and a22% increase in UG2 ore as a fraction of total ore minedover the same period.
MINING COMPANY STRATEGY EVOLUTION 171 Strategic analysis tools Framework for strategic analysis and management The field of strategy and strategy management has evolved
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