Novel and Innovative Mining Methods

Novel and innovative mining methods are attracting the attention of mining engineers at an unprecedented level. Historically, the US mining industry has responded rather conservatively to new technology. The financial difficulties affecting the domestic mining industry in the early 1980s changed attitudes toward new technology. The market contraction during that period, coupled with an expanding world mine capacity, created a serious oversupply of many raw mineral products. Many mining companies found that retaining a share of world markets while making a profit required drastic cost-cutting measures.