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Archive for November, 2007

NovaGold is under attack from the big financial organizations and this is as you would expect.  I refer to a Mineweb report that reads in part: 
Citigroup this week downgraded NovaGold Resources shares from buy to hold, more than halved the target price from US$23 to $10 share, and advised the Vancouver junior company be put [...]

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A brief update on the Bellavista Heap Leach Pad.  You may recall that is the “failing” heap leach pad in Costa Rica.  I have added a number of new photos of the failing pad to my longer, more technical writings on the pad at this link. 
These photos show a considerable increase in the movement and slope [...]

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This is not a good picture, but it does emphasize the rugged terrain along which new roads are being constructed to the site of the Galore Creek not-soon-to-be project. 

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For those interested in the bigger picture of the politics of mining, here is a link to a new publication that makes fascinating reading.  I refer to a new e-publication by War on Want: Fighting Global Poverty.  Their publication is entitled Fanning the Flames.
The publication is not for the faint of heart.  It is gut-hitting, [...]

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The first addition to the Blogroll of this blog was Women In Mining.  When we started I THINK MINING, the only other blog related to mining that I found was Women In Mining.  Then one day the blog Women In Mining went off line.  Now I am delighted to receive and announcement from it orginator [...]

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In the October 31, 2006 NI 43-101 Independent Technical Report (ITR) for the Galore Creek project, Hatch writes the following about cost and currency risks associated with the project:
Construction material costs:  current prices for steel, mining and processing equipment are on an upward trend driven by supply and demand.  Although the project budget has been [...]

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The bad news of the Thanksgiving weekend is the announcement that work is to be suspended on the development of Galore Creek due to rising costs and a soaring Canadian dollar.  This is bad news for investors; but by now they should be used to the vagaries of mining projects and the swings of fortune [...]

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Both the Canadian and United States Thanksgivings are now past and we hurry to the Christmas stores and food table.  This weekend I partied in Huntington Beach, California celebrating Thanksgiving with the kids, grandkids, and diverse friends & visitors.  The Santa Ana winds, blowing fires through Malibu houses, brought us warm, sunny weather that made walking [...]

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Ireland is not a place typically associated with mining. This pictures, however, shows the landscape where a new mine is proposed. Below the picture, I quote from a news report about the proposed mine; the tone is so gentile and civilized and so different from what one normally reads that it is worth [...]

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Here is a “personal perspective” on the BHP Billiton bid for Rio Tinto.  This perspective comes from one of my regular (non-public) blog commenters. 
On a personal note, watching the video cast by Marius Kloppers, brought back the pain of watching BHP shut down and dismantle the San Manuel mine and smelter, one of the U.S.’s premier [...]

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