S.K. Gupta
Abstract
The paper envisages latest trend in exploration methodology and resource assessment and technology update in mining and mechanization. The projection of basic necessities for accelerating the exploration activity for yielding mineral deposits for mining purpose and the necessity for a time bound action plan is important in mining sector reforms.The emerging trends in mining industry focus on the run-of-mine ore at lowered costs and the technological advancements in exploration techniques, automation and mining equipments. Globalisation and advancements in communication has brought in awareness to the public of environmental, economic social issues posing new challenges to the mining industry.A mineral deposit will turn into a successful mine depending on the results brought out by advance exploration techniques. Minerals when explored must be brought into production or made ready for exploitation under existing cost and technology as an undeveloped deposit pay nothing and eventually the cost would increase with the future energy cost and metallurgical innovations.