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172 MINING SERVICES | Basil Read expertise to branch out the contract services and act as a long-term lifecycle partner for a sub-Saharan mining project – illustrated by a deal signed with Shumba Energy to develop its coal projects in Botswana.
“We signed an agreement with Shumba Energy who came to us and said for them
to raise money in the market they need to work with a reputable contract miner to take the project from design and put together a feasibility study with them so when they are ready for funding it’s on the back of reputable players in this space. It is another feather in our cap.”
The commodity price crash which savaged the global industry over the last few years
put a particular strain on mining services providers. Clients were tightening their belts and either looking for value on a contract
or improved returns on existing costs. Basil Read had to  nd ways to reduce its clients’ costs so they could remain pro table in the depressed market.
Mapasa led optimisation programmes across the operations bringing reductions in costs through productivity improvements. He
says, “We were able to move more materials for the same  xed costs through improving our shift change and enhancing our plant equipment availability.”
Anglo American CEO Mark Cutifani has suggested for a mine to be operating at

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