JEYAKUMAR JANAKARAJ that steadiness . Mining is a longterm business and you can ’ t run it on a quarter-to-quarter basis . You need to develop the asset to achieve long-term returns . You will have to be ready to take some pain in the developmental or transitional phase , but that ’ s just the nature of the business ,” he concluded .
Part of maintaining that steadiness is recognizing that the fundamentals for success do not change despite an everevolving industry and marketplace . These fundamentals include people management , productivity and the cost of production .
“ People learn very fast . You can ’ t have a structural advantage forever .
“ However , if you can focus on the fundamental things and keep your [ workforce ] inspired , you ’ re going to have success ,” he concluded .
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