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Archive for July, 2009

Mining professor denies global warming and espouses evolution

Posted in Church, Enviromental, Global Warming on July 31, 2009 | Leave a Comment »

The heat is bringing out the nuts.  The low hanging fruit are the professors who are doing silly things and making asinine statements.  We all know about that Harvard fellow who got the President into a pickle—or was it the president who blundered into another misjudgement of old men who sound profound, but who in [...]

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California dreaming; mining camps & grandkids

Posted in North America on July 30, 2009 | Leave a Comment »

Came into California yesterday.   Passed through San Francisco airport en route to Orange County where the kids picked me up.    Today is the perfect weather that is southern California besides the beach.  We pulled out the bicycles, pumped the tires, raised the seats (for the boys have grown a year older and taller) and rode to the huge [...]

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Why is Canada a mining center

Posted in blogs, Investing & Finance on July 27, 2009 | Leave a Comment »

You must love the Europeans: they are sometimes so exuberant and so wrong.  This weekend I watched a Rossini opera in which the lead character comes from Canada to woo an Italian girl.  The problem is that the other opera characters keep referring to his impeccable American habits, manners, and customs.  The Canadian in dressed in [...]

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The Faces of Canadian Mining

Posted in British Columbia, Open Pit on July 24, 2009 | Leave a Comment »

With the weekend about to begin here are links to two extremes of Canadian Mining: NWCC School of Exploration & Mining which surely represents the best and most positive aspects of Canadian mining Global day of Action Against Open Pit Mining which would be sad and infuriating if it were not so funny.  I leave you [...]

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Platinum from Russia with Love: the Governor of Montana refuses to buy GM

Posted in Investing & Finance on July 23, 2009 | Leave a Comment »

Here is a simple Investment Rule based on an absurd story –  which happens to be true.  First the story.  General Motors (GM) goes bankrupt.  GM cancels its contract with Stillwater Mining of Montana for platinum, a metal used to clean up the exhaust gasses in cars.  GM continues to buy cheaper platinum from South [...]

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$720,000,000 the cost of BHPs non-take-over of Rio Tinto

Posted in About the news, due dilligence on July 21, 2009 | Leave a Comment »

Nearly three-quarters of a billion dollars were spent on the aborted takeover of Rio Tinto by BHP.  Just imagine what that would translate to in share dividends.  Instead it was directed to Goldman Sachs and other Wall Street folk for services rendered. 

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Swiss banks run out of space to store gold and we run out of ways to defend gold mining

Posted in acid mine drainage, Gold, Investing & Finance on July 20, 2009 | 1 Comment »

The best justification for mining is that it produces the basic materials we need to live: metal for windmills and Prius cars; uranium for power (electric & bombs);  talc for toothpaste and face powder.  The list is endless. Yet we cannot say the same about most gold.  Some gold indeed goes into caps for rotten teeth or connections [...]

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For the free man, opera is the only plausible religion

Posted in Oil sands, opera, Tailings on July 19, 2009 | Leave a Comment »

More on weekend activities and Sunday religion.  The quote “For the free man, opera is the only plausible religion” is from an old book called A Song of Love and Death by Peter Conrad. 

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Weekend reading relevant to mining

Posted in Tailings on July 17, 2009 | Leave a Comment »

This weekend I will read about anything but mining.  I am half-way through Richard II purchased at Bard on the Beach last week;  part way into one of those Botswana Ladies Detective Agency books; nearly finished a book about your brain on music; and a chapter or two into a book on Canadian geology bought at [...]

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Mongolia looks to Japan to protect its mining environment

Posted in Colorado, People on July 17, 2009 | Leave a Comment »

Mining reporters with short memories, or selective vision, still write glowing articles about Robert Friedlund and what he will do for Mongolia by opening another mine.  The latest article, however, has a twist that bites.   Seems the Mongolian parliament rejected a deal with Mr. Friedlund and sent the prime minister off to Japan, where he [...]

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