The Chilean 8.8, three-minute long earthquake disrupts Chile’s copper supplies and this may lead to an increase in the price of copper. A report states: (more…)
Archive for February, 2010
Earthquakes, Copper Mining, and Human Tolls
Posted in Copper, Investing & Finance, Latin America, Tailings, tagged Chile, Copper, earthquake, mining on February 28, 2010 | 2 Comments »
Democracy, Family, Money and the “Pernicious” Influence of Mining
Posted in Africa, Church, First Nations, Human relations and mining, Jobs and Salaries, Law (Mining), Mining history, tagged Afrikaans, EIS, evagelical, Guatemala, mining, social license on February 25, 2010 | 1 Comment »
A Social License to Mine does not imply social peace. There appears to be much confusion on these two concepts – see this link which states:
We are not opposed to mining itself, but to its consequences, starting with the social conflicts that have left our families divided,” Maudilia Cardona, a local leader in the municipality of San Miguel Ixtahuacn, where the Marlin mine operates, told IPS. (more…)
The Black Swan may spoil a white spring of emotional mining investment
Posted in Church, Gold, Investing & Finance, People, tagged black swan, cycle, ian gordon, kondratieff, mining on February 24, 2010 | 2 Comments »
If you can wade through the convoluted rubbish about fifty- and sixty-year cycles proposed by Russians with unpronounceable names, you may find at the very end of the posting at this link, some reasonable insight on junior gold mining companies in Vancouver. But let me warn you: the going is tough when the author Ian Gordon waxes unlyrical about his Russian Religion. Here is a sample: (more…)
The Black Swan of Mining
Posted in Church, environmental, First Nations, Law (Mining), Tailings, tagged black swan, Guatemala, Malema, mining on February 23, 2010 | Leave a Comment »
Travelling around Guatemala, I have been reading a book called The Black Swan – The Impact of the Highly Improbable by Nassim Nicholas Taleb. After the economic meltdown of the past year or so, most of us are now more familiar with the concept of a black swan than before. In short a black swan is a highly improbable event that changes everything. Nassim notes these three characteristics of a black swan: (more…)
Too Fat to Fly: Tales of Mining Travels
Posted in blogs, People, tagged fat, fly, Fort McMurray, kid, mining, travel on February 18, 2010 | Leave a Comment »
Final perspectives on South Africa and mining
Posted in Africa, Investing & Finance, tagged mining, racilaism, South Africa on February 14, 2010 | 1 Comment »
I have just spent the past two weeks travelling around South Africa and talking to its mining people. This is obviously not the country I last visited nineteen years ago. Today there are friendly people providing services at every shop and kiosk. There is a happy mix of people in every office I entered and a happy group of young engineers and scientists ready to take over as their elders leave off. The people are more friendly than every before. (more…)
This is South Africa and mining
Posted in Africa, Investing & Finance, mining, Mining history, tagged blacks, Johannesburg, mining, South Africa, Wetdene on February 7, 2010 | 1 Comment »
The past week has been spent in Illovo, Johannesburg, Gauteng, South Africa (at least I think that is the correct string of names to pinpoint the location.) Yesterday I returned to Westdene where, in 1973, I bought a house for R10,000, sold in 1979 for R45,000, and which today is worth R1.3 million–the impact of inflation rather than upgrading. Today I went to Valhalla near what was called Pretoria. (more…)
Julius Malema pushes nationalization of South African mines
Posted in About the news, Africa, Investing & Finance, People, tagged juliu malema, miing, nationalize, South Africa on February 6, 2010 | 3 Comments »
Today’s report on the battle to nationalize South Africa’s mine states in part:
De Beers, which mines diamonds in Botswana and Namibia in partnership with the governments of those countries, “seems to be refusing that the people of South Africa benefit from mining of diamonds,” the ANC Youth League said in a statement yesterday. (more…)
Gallowai and Ross Stanfield triumph in mining dream dispute
Posted in Investing & Finance, tagged gallowai, ross stanfield on February 4, 2010 | 5 Comments »
“I would also encourage increased sharing of objective information concerning the ore body, and a progress report on the steps necessary to realize the dreams of both Mr. Stanfield and his investors.” (more…)
Nationalize South Africa’s mines demand the young
Posted in About the news, Africa, Investing & Finance, Law (Mining), tagged Cape Town, communist, Indaba, investing, mining on February 3, 2010 | 1 Comment »
The headline in the Star, a venerable old Johannesburg newspaper, is about the fight between the Minister of Mines who says “No nationalization in my lifetime,” and the young bucks calling her a liar and accusing her of telling them one thing in private and another in public. (more…)
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