Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The current proved ore reserves should last for 13 years, but it's very likely there's much more down in the deep.

I'm not aware if and or how the company will pay for track acess and such. Something to ask at the next annual meeting.

By the way, do check out this really cool video about the huge glacier at the bottom of the Dannemora mine.


Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sat Oct 11th, 2008 at 06:06:26 PM EST
[ Parent ]
I'm not aware if and or how the company will pay for track acess and such.

Would the company runs its own trains in an open-acces regime, it would have to pay itself.
Would the company pay a railfreight operator to run the trains, track access would be paid by that operator, which of course would make part of the money the company asks for from the mine.
Would the freight branch of a state company broken into separate organiations do it, it would be the same story but with internally paid track access charges.
In a fully integrated state (or private) railway, track access would feature in internal price calculations.

At any rate, I note the gain for railways would be the transport of the ore on the entire route, not just the new track; would be nice if cost/benefit analyses for new line construction would reflect that.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Sun Oct 12th, 2008 at 04:22:49 AM EST
[ Parent ]


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