By Steve Fiscor, Editor-in-Chief

Optimism Rises in the Mining Business

 To say the mood at this year’s annual meeting of the Society for Mining, Metallurgy & Exploration (SME) was noticeably upbeat would be an understatement. The event opened with a keynote address from Doug Silver, portfolio manager for Orion Mine Finance. Readers might recall that Orion financed the Stornaway diamond project in Canada. Silver was guardedly optimistic as many of the seasoned professionals in the mining business are these days. He pondered the industry’s ability to find financing and whether traditional financiers may already be too late for the next upward cycle.

The annual SME meeting took place in Denver this year and the technical sessions were packed with engineers as they normally are, but the biggest difference was the demeanor among the delegates. For the last eight years, this has been a depressed group of beat down dogs, as the despair from regulatory overreach took its toll. This year, however, they were standing tall, proud and happy.

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Steve Fiscor, Editor-in-Chief, EMJ, Engineering Mining Journal
Steve Fiscor heads a world class group of writers and editors serving the mining and construction markets. He has served as editor-in-chief for E&MJ since 2003 and Coal Age since 2001. He writes articles on mining and processing, organizes the technical programs for several conferences, and produces many of MMI's ancillary products.

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