Cortez Hill may soon be the next new mine in Nevada. The environmental documents for the mine have just been approved . Barrick plans to move fast to early production. As always, there is a disgruntled Indian tribe threatening to delay things.
Archive for November, 2008
Mining industry going down the shaft and other upward predictions
Posted in About the news, tagged Chile, economy, mining, predicitons on November 14, 2008 | Leave a Comment »
I was entertained royally yesterday with a fine lunch and then an expensive supper, followed by the Movie, Madgascar 2. Running through all these entertaining events was the constant question “what happens now to the mining economy?” That is a question that every one of my food-sharing friends is obsessed by. My thesis: nobody knows, nobody [...]
How to finance a $400 million powerline for BC mining
Posted in About the news, Enviromental, North America, tagged British Columbia, mining, Northwest Transmission Line, powerline on November 13, 2008 | Leave a Comment »
A million dollars these days seems such a trivial amount. Even a billion dollars seems small change when you read of the trillions being thrown at mis-managed companies. In the mining, or rather post-mining, world half a billion buys you almost nothing: Ontario says it needs $500 million to clean up mine sites abandoned [...]
Why the price of gold must drop
Posted in About the news, Gold, tagged China, economy, Gold, price on November 12, 2008 | 3 Comments »
We grow tired of the optimistic seers who are always ready to predict an increase in the price of gold. Their faith seems rooted in dogma and not in science or economics. At this link is a terrifying article that predicts a massive drop in the price of gold. All I can do is recommend it to [...]
Remembrance Day tribute to soldiers and miners all
Posted in Church, Mining history, People, tagged East Geduld, Hillbrow, mining, remembrance day, Springs, Trinity, war on November 11, 2008 | 4 Comments »
Remembrance Day and I pay tribute to all soldiers and the miners they became. I pay tribute by recalling what little I know of my father’s life as a soldier and as a miner.
BP Sonjica woos Chinese mining investment in South Africa
Posted in About the news, Africa, Asia, Investing & Finance, tagged Bush, China, mining, Palin, Sonjica, South Africa on November 10, 2008 | 2 Comments »
Bush started the rot: issuing presidential orders to keep the grumpy (and angry and vicious) old men on his right happy. Now Obama promises to reverse many of these orders to quickly put his own stamp on things. Personally, I find all this executive action scary. And here are some more very scary statements from [...]
Dr. Atomic, a silent opera tribute to those miners who brought uranium to the surface
Posted in Mining history, opera, Uranium, tagged Dr. Atomic, Hiroshima, Metropilitan, mining, opera, Oppenheimer, Uranium, Uravan on November 9, 2008 | Leave a Comment »
My mind was filled with images of the mines that supplied uranium for the atomic bomb. I saw again those vast and lonely landscapes from Oregon to the Dakotas, from Texas to Colorado, where miners toiled to produce the yellowcake that devastated Hiroshima and Nagasaki. These things I remembered as I sat watching Dr Atomic, the opera brought to [...]
China stops investing in foreign mining, and Quebec says f_ _ _
Posted in About the news, Investing & Finance, tagged china. mining, fuck, investment, justice, Quebec on November 7, 2008 | Leave a Comment »
If you had hoped to sell your mine to the Chinese, think again. Your opportunity has passed. The centrally controlled Chinese economy has decided to stop buying foreign mines and rather develop China’s resources. Here is what the Asia Sentinel reports: China’s central government has issued a directive to mainland mining and mineral processing companies to [...]
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