Mineral Economics and Strategy Unit Sample Clauses

Mineral Economics and Strategy Unit. The Mineral Economics and Strategy Unit (MESU) was created as part of the Business Development function to provide insight and business intelligence into all facets of the mining/minerals value chain – both upstream and downstream. Typical outputs from this unit would be mineral economics assessments, techno-economic assessments, supply and demand value chain assessments, minerals statistical analysis and forecasting (e.g. commodity trends and prices), inclusive growth and transformation interventions related to the minerals sector, and environmental sustainability assessments such as Mintek’s energy consumption, water consumption and carbon footprint. The division will strengthened during the next year to be able to meet the requests for more of these assessments for Mintek’s Executive Management and render higher levels of internal support. Moreover, this will enable the division to service external stakeholders as required. Moreover, it will allow the division to be proactive in providing relevant assessments and studies regarding technology improvements, commodity trends and also geo-political climates relevant to the mining and minerals processing sectors. This improved capacity building will be done gradually to balance the needs of both Mintek and the division with respect to the overall state of the industry. The ultimate goal would be to restore this division to be able to contribute significantly to our stakeholders by providing relevant intelligence and policy guidance as it did in previous years. Furthermore, MESU has extended its service offering in recent years following a request from the DMR to implement rehabilitation programmes for derelict and ownerless mines. The work is undertaken as and when requested by the DMR. A direct consequence of the numerous sites rehabilitated to date, is the high level of competence has been developed this specialised field. It is envisaged that this service offering can be made available to external parties on a commercial basis. Additionally, MESU is developing capabilities in the form of information management using GIS technology, and the use of drones for the management of rehabilitation sites.
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