Engineering & Mining Journal

AUG 2018

Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr

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Page 78 of 107 E&MJ • AUGUST 2018 77 MINING IN PERU Sharpening up Projects An overview of the latest industry trends for the main consultancy houses and contractors During the downcycle, engineering firms had to downsize and alter the approach that had brought much reward during the boom years. In order to survive, firms created syn- ergies between different offices across the Americas, focused more on operations and environmental work, diversified into new sub-sectors and modified their rates to be competitive in the marketplace. Now, however, the mining sector is back on a growth path, as noted by SRK Consult- ing's director Antonio Samaniego, who sug- gested that the new positive cycle should translate into higher levels of work across the board. Particularly in geology, he empha- sized SRK's effort to develop its structural ge- ology group with the support of SRK's offices in Canada and the U.K. "All mineral deposits occur through the geological faults, and structural geol- ogy looks at finding the mineral enrichment zones. It is an interpretation of how the de- posits were formed. Before, this methodol- ogy was used for geotechnical work, but we are now applying it to exploration, especially in the narrow-vein mines we have in Peru," Samaniego said. Engineering firms are seeing increased levels of activity. Photo: Constancia copper mine, courtesy of Hudbay Minerals.

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