Monday, January 05, 2009

'The Goldcorp challenge'

Books 2 Byte
The Leader's Guide to Lateral Thinking Skills
Paul Sloane
(http://www.vivagroupindia.com/)

Open mine

One of the oldest rules in mining is the secrecy of exploration and reserves data, but Rob McEwen was an outsider when, in 1989, he became the majority shareholder in an old, under-performing gold mine in Ontario, Canada, called the Red Lake mine. He was sure that high-grade gold ores existed somewhere within his land; only he could not discover them. The trigger occurred at a computer technology forum, where McEwen heard about Linux and how the operating system's programming codes were available to anyone so that they could propose improvements, narrates Paul Sloane in The Leader's Guide to Lateral Thinking Skills. So, what did McEwen do?

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