My criteria are fairly simple:
- the quality of management is key
- stable geo/political jurisdictions - I never stray
- located in areas with good supporting infrastructure (financial, logistical, personnel)
- strong balance sheets
- preference for working mines or those which can be "de-mothballed" fairly quickly
- the prospect of markets which make operations profitable
It's always useful to review one's approach and refine it as appropriate. Here's another group of considerations. I'll not steal the punchline: the article is short.
Getting Big Mining Projects Right
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