By Jack Lapauve Jnr – EM TV, Port Moresby
Over forty Business Management students from the Divine Word University expressed satisfaction with relevant mining and marketing information, following a visit to the Ramu NiCo (MCC) operation base in Madang yesterday.
The visit was to enable the students to fully understand the importance of marketing management in the mining industry and to gain knowledge and insight in the areas of marketing.
Ramu NiCo’s Public Relations office who facilitated the visit began with a video presentation on the history of the Ramu NiCo Project.
The presentation covered the start of construction to the start of operation, as well as the production process beginning with ore extraction at the Kurumbukari Mine.
The Human Resource Department Deputy General Manager, John Rosser, was impressive with his presentation giving informative insights on how the metal price is controlled by supply and demand factors.
The students were also clarified on the current slump in the world metal price which is giving a major challenge to mining companies around the world, including Ramu NiCo.
The students were told that the price is entirely influenced by outside factors and Ramu NiCo is aiming at establishing the breakthroughs to improve production, so that the Project is sustained through the challenging period.