Selecting An Open Pit Haulage Method

The major consideration in any management and engineering decision is the economic evaluation of factors. The right decision is the best cost decision, provided of course that it is the safest. Changes, improvements, and advances in mining technology, as in any business, come about through the pressure of economics in combination with the inventiveness and engineering abilities of efficient mine operators. Without proper economic evaluation and an appreciation of profit and loss of an operation, advances in mining methods would come about at a slow pace, if at all.