The Canadian PressDecember 3, 2013 10:32
OTTAWA - Mining companies need to innovate and consider structural changes to deal with volatile commodity markets, a report suggests.
The report by audit and consulting firm Deloitte, to be released Tuesday, says mining companies are facing a seismic shift in the industry.
Jurgen Beier, a national mining practice leader at Deloitte, says mining companies need to think in new ways as they face tighter margins.
"There are a number of proven technologies and things that are out there today that radically change the way ore is extracted and change the way mining occurs.