Economies of Scale in Gold Mining
economies of scale in gold mining in Africa. ... to reduce cost for key inputs such as iron, ore and manganese (Crompton and Lesourd 2008; Gajigo et al. 2011). In addition to mergers and acquisitions, the average sizes of mines have become larger. ... 3 An open pit mine is the type of mining where the surface ground is removed in a large pit to ...