The Fraser Institute issues a report each year based on interviews with miners to rank countries on whether they are good or bad places to mine. As an investor this should be required reading. For example at SME I heard two distinctly divergent opinions about investment in mining in Africa from two equally informed people.
Archive for February, 2008
Where’s the cheese? The Congo versus Wisconsin for bad mining investment opportunities
Posted in Investing & Finance, tagged Congo, DRC, Fraser Institute, mining, Nevada, Quebec, South Africa, Survey of Mining Companies, Wisconsin on February 29, 2008 | Leave a Comment »
To succeed in Peru emulate the Chinese?
Posted in Investing & Finance, Latin America, Tailings, tagged China, Chinalco, mining, Peru, Tailings, Toromocho on February 28, 2008 | Leave a Comment »
At the SME we heard lot about China and mining. Here is a report we did not hear about from Metal Minings News, an interesting blog. This proposal surely sets a new baseline for mining? China’s biggest aluminum company, Chinalco, plans to buy up all the houses in a Peruvian mountain town and relocate 5,000 [...]
Why we should fly Clinton and Obama together to Fort McMurray to see the oil sands
Posted in Jobs and Salaries, North America, Oil sands, People, tagged Fort McMurray, Hard Creek Nickel, Hillary Clinton, John McCain, mining, NAFTA, Obama, oil, Oil sands, SUV, timber on February 28, 2008 | Leave a Comment »
Back in Vancouver after Salt Lake City and the SME meeting, and to a lunch of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)–a presentation on Hard Creek Nickel and why their share price has plummeted in the past twelve months. And back to the strangeness of the news and [...]
Will the SME promote mining democracy: the issue of freedom of mining information versus a return to the Guilds of the Middle Ages
Posted in About the news, acid mine drainage, Enviromental, tagged acid mine drainage, democracy, freedom of information, Freeport McMoRan, INAP, intellection, mining, OneMine.org, SME on February 26, 2008 | 1 Comment »
One of the benefits to the techno-nerd of attending a conference is the view of the currents and flow of technology. You get a unique view of what people are doing in remote laboratories, research institutes, and mine planning offices. And hence you may perceive the future that will dominate mining in years to come. Here are [...]
You must love ‘em, for you cannot leave ‘em: why SME lawyers are essential to successful mining
Posted in Law (Mining), tagged Akerman Senterfitt, Gallagher & Kennedy, Jorden Bischoff & Hiser, law, mining, SME on February 26, 2008 | Leave a Comment »
It is always fun to sit in on those conference presentations where the speakers tell tales of corruption and incompetence and reveal their successes and failures while selling their services. Three presentations this morning emphasized these lessons learnt while telling fascinating tales: B. Glass of Gallagher & Kennedy told us how to avoid falling foul of aggressive [...]
SME on the past, present, and future of mining: balancing the young and the old with good food
Posted in About the news, Mining history, People, tagged ACME Burgers, Elaine Cullen, Kay Sever, Optimiz Consulting, Prima Consulting Services, Salt Lake City, SME on February 25, 2008 | Leave a Comment »
The technical sessions of the SME meeting in Salt Lake City that I sat in on this afternoon perfectly capture the past, present, and future of mining. First the future: Kay Sever President of OptimiZ Consulting spent the whole afternoon on process optimization in mining. She gave her mini-course at the invitation of Young Leaders group [...]
SME Keynote Address: Mining Supercycles, super problems, and super opportunities
Posted in Investing & Finance, tagged Catholic Church, Chinese, douglas silver, International Royalty Corporation, keynote address, SME, supercycles on February 25, 2008 | 1 Comment »
The SME meeting in Salt Lake City kicked into top gear this morning with a magnificent and insightful Keynote address by Douglas B. Silver, Chariman and CEO, International Royalty Corporation, Engelwood, Colorado. Magnificent in that for nearly two hours he kept the filled hall enthralled with a witty, entertaining talk about the mineral supercycle, past, [...]
Virginia Tech, then Reno, then South Dakota as the winners of the SME students competition
Posted in feasibilty studies, North America, tagged California, competition, mining, quarry, Salt Lake City, SME, South Dakota School of Mines, Virginia Tech on February 24, 2008 | Leave a Comment »
The rowdiest and most lively room this evening at the SME in Salt Lake City was the Student Mixer in the Hilton Hotel. The future leaders of the mining industry gathered to drink–and the drink lines were long–and talk. I wondered in as part of a small role CostMine had in supplying the students with [...]
SME, Salt Lake City, and escaped, retired miners make good
Posted in Human relations and mining, Mining history, North America, tagged conference, Douglas B Silver, miners, mining, Salt Lake City, SME on February 24, 2008 | Leave a Comment »
Salt Lake City and a savage storm bearing down black on the city. We are safely (we presume) esconced in the Salt Palace, another of those endless conference centers where at five pm the Society of Mining Engineers Annual Conference kicks off.
Shoppers with plastic bags cause vastly more pollution than even the worst of mines
Posted in acid mine drainage, decomissioning, Enviromental, Global Warming, health and safety, Reclamation, tagged acid mine drainage, Anthropocene, geomorphology, Global Warming, holocene, mining, ocean, Open Pit, plastic, pollution, Tailings, Waste Rock on February 22, 2008 | Leave a Comment »
Holocene man (and woman and children) learnt to survive melting glaciers, a warming earth, rising seas, and the onset of agriculture, mining, organized religion, and industry. Now the Holocene is ended and we pass into a new geological age. What an extraordinary thought that we have lived through the end of an epoch to enter another. [...]