Managing Gold Mine Production and Operation

This book deals with important issues leaders of mining industries and other stakeholders should consider in managing the exploitation of mineral resources, especially gold, in developing countries. Focusing on extraction, storage, and marketing processes, the author extensively describes scientific approaches, best practices, and ways of balancing opportunities and risks (health and environmental) in gold mine operations. Based on the author's engineering, sciences, aviation,...
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This book deals with important issues leaders of mining industries and other stakeholders should consider in managing the exploitation of mineral resources, especially gold, in developing countries. Focusing on extraction, storage, and marketing processes, the author extensively describes scientific approaches, best practices, and ways of balancing opportunities and risks (health and environmental) in gold mine operations.
Based on the author's engineering, sciences, aviation, and aerospace background, the author has provided in great detail how gold is processed from ore/rock to marketable bullion bars for the benefit of all those engaged in gold mine operations. Furthermore, based on the experience he gained from leading the largest gold mine company in Ethiopia, the author demonstrates the significance of proper management of the production process and environment and the consequences of mismanagement. Considering the benefits the surrounding community gets from the mining operation as the central point, the author discusses the importance of the participation of the community and other stakeholders in the mine operation to contribute their share. He also explains, based on experience, how a gold mine company can best be organized by giving emphasis on the role of management in optimizing the use of material and human resources and staff development program.
The book also widely addresses the role of government and its regulatory bodies in supporting extractive industries in contributing their share in national development. The author courageously discusses, by presenting a case, the negative effect of inadequate interference of stakeholders on the mining industry as a governance problem that arises mainly due to a lack of policies to formalize revenue and fund management and indicates its negative impact on the industry and the development of a nation with the rich mineral resource.