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Archive for October, 2009

   At last the impossible:  the Mongolian government has signed an agreement with Rio Tinto and Ivanhoe to develop the Oyu Tolgoi gold and copper mine.  It has taken six years to reach an agreement, and we have grown tired of reading the on-again, off-again story of the interminable negotiations and politics. 

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  Here is a simple investment rule:  do not buy shares in a mining company with no assets, especially if the share value of the company is very high. This simple rule is derived from the extraordinary story of Sungro Minerals.  The full story is told in detail by David Baines of the Vancouver Sun at this [...]

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   This weekend I went on two long bike rides around sun-filled Vancouver with views of the mountains and waters and soaring city buildings.  Tremendous.  I have also worked on a new course I am fighting with for EduMine.  I already have five courses up on EduMine; but this new one is on something I know [...]

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Mining Peer Reviewers

  A few random thoughts about those who are the peer reviewers for mines of the geotechnical structures that mines build, including the tailings impoundment, the waste rock dump, and the heap leach pad. 

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Greenpeace activists have broken through a barrier intended to protect wildlife and have used recreational climbing gear to scale dangerous equipment at the Sucor oil sands mine north of Fort McMurray, Alberta.  The activists apparently flew in from as far away as Europe and South America.  As one report noted, their flights probably generated more [...]

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   Can you quantify global warming by measuring changes in slope stability?  I cannot imagine how.  But a fellow geotechnical engineer is off to China soon to meet with ten other geotechnical engineers to talk about monitoring geotechnical structures in an attempt to determine if global warming is affecting the geotechnical structures. 

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