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Archive for March, 2009

Do Not Buy Kodak

A personal rant and consumer warning:  I am to a mine tomorrow.  I will take pictures.  But I seem to have lost the cable that connects the Kodak digital camera to my computer.  The cable is the only way to chargeh the camera and the only way to download the pictures.  Three shops later I [...]

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Here is a rare and unique mining investment opportunity.  Perfect for the current times.  I quote from a report on PDAC activities: A Canadian asset manager announced the launch of two Aboriginal-themed mining funds on Tuesday that hope to raise $1-billion each, in a very innovative effort to get Aboriginal communities invested directly in the [...]

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   Now for the salaries of miners and engineers and secretaries and everybody inbetween on industrial mineral and metal mines in the United States in 2008.  No major surprises if you discount what seems to me to be low salaries for all, and particularly for geologists.  Seems to me that folk working on the mines [...]

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Stan Sudol alerted me to the text of the key note speech that Donald Coxe could not deliver at PDAC.  I recommend reading it in full.  It is on that fine mining-related blog, Republic of Mining.  How I wish I could always be as optimistic as they are.  But my early days pouring over the old [...]

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    From CostMine is the U.S. Metal & Industrial Mineral Mine Salaries, Wages & Benefits 2008 Survey.  Here are some averages for metal and industrial mineral mines in the United States. (the first number is the hourly base wage for small surface mines; the second number is that hourly base wage for large mines.)  

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A long-time friend sent me a paper on sustainable tailings management.  I read the paper and replied thus: “I confess, I am no more convinced by you than by anybody else about the need for a term like sustainable in the context of what you are doing—i.e., designing, building, and closing mine tailings dams. Why [...]

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    Here is a link to The Tyee, a very liberal Vancouver e-newspaper.  The link takes you directly to an article about a Canadian mining firm, Copper Mesa Mining, that is being sued by lawyer Murray Klippenstein of Toronto, over an incident in Ecuador in 2006.  This is the gist of the story:

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The following from Graham Baldwin, a friend reportign form the PDAC in Toronto. This morning, the 7th annual Investing in African Mining Seminar was held in Toronto ON Canada, as a supplementary event to the ever-popular PDAC annual convention currently underway.

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This news release just recieved from my contact at PDAC in Toronto; The Honourable Lisa Raitt, Minister of Natural Resources, today outlined measures that the Government of Canada is taking to support the Canadian mining industry. In particular, she noted that Budget 2009 included the extension of the Mineral Exploration Tax Credit (METC) for flow-through [...]

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This report on a typically polite Canadian adventure played out at PDAC: It was peaceful, loud and attention-grabbing.   Seven pro-Tibetan activists posed as delegates to a downtown Toronto mining convention yesterday morning, then unfurled a six-metre red banner that read “HDI – STOP MINING TIBET.”    Some chanted “Tibet is our land” and “stop mining in [...]

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