CREATED ON 11th June 2019
COMPLETED ON 12th June 2019
Expert hired: Fibonacci Samuels

Referral Assignment – 4BUS1040 Introduction to Business and Management

Complete the exercise that follows; Individual Assignment UK Coal You work for a consultancy to the coal mining industry. Your company has been approached by a small mining company that has two mines: 1. an underground deep mine in the north of the UK at Horesby 2. a surface mine in the south of the UK at Radley The output from the underground mine at Horseby is mainly for home consumption, whilst the output from Radley is mainly for export. The home market is constantly under threat from cheaper overseas coal and natural gas, whilst the overseas market is more stable with a steady demand. The coal mining company wants to develop a third mine and is unsure whether this should be a deep or surface mine. The third mine would be in the same locality as one of the two existing mines. Preliminary exploratory work has been carried out near to the location of the current mines and the company is ready to proceed with development and exploitation. Work has shown that yields and costs for both potential mines would be similar to the existing operations, see Table 1 below.
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11 June 2019
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