Category: Mining & Natural Resources
Cost Curves and Curve Balls
Cost curves are a staple of the mining industry, similar in shape to a traditional supply curve, ranking mines/smelters/mills by their total cost of production. The theory goes that when the demand curve shifts to the left, as it inevitably will with the business cycle, those with the highest costs will be...
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Darwinism….or is it?
It is safe to say the mining industry would probably not have been front of mind as the great naturalist laid out his theory of natural selection in the 1850s. However through the grind lower in commodity prices to their nadir in 2016, many companies found themselves in a similar...
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How risk aware are your commodity market decisions?
Human Plus Machine The DecisionNext approach blends the best insights from your market experts (humans) with data models. The trick is to bring them together in a way that unleashes the power of each, delivering more effective results than either could ever achieve alone. Both humans and technology bring something...
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Rise of the Unicorns – Rethinking Corporate Innovation
The first Internet wave (1995 – 2005) For more than 250 years economic growth and improvements in our standard of living has been driven by the cycle of trade, specialisation and innovation. This growth engine took a massive step forward at the turn of the millennia with the commercialisation of the...
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Super Bowl rings, Olympic gold medals, and big data
But there’s a less glamorous reason as well: data analytics. Let’s look at two recent sports success stories: the Philadelphia Eagles & the Netherlands’ Olympic speed skating medal sweep. Nick Foles and the Eagles are still enjoying the accolades of winning a Super Bowl, and they’re also giving credit to...
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