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Archive for August, 2012

Water Balance Covers For Waste Containment

Posted in Reclamation, Tailings, Waste Rock, People, environmental, tagged , , , , on August 31, 2012 | Leave a Comment »

Water Balance Covers for Waste Containment: Principles and Practice by William Albright, Craig Benson, and Joseph Waugh landed on my desk this week.  And a great book it is.  (more…)

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Boart Longyear Supplies Mines and New Profit Estimates. Sharpen Your Utah Investment Pencils.

Posted in About the news, Africa, Investing & Finance, Latin America, Peru, tagged , , , , , , , on August 31, 2012 | Leave a Comment »

The profit of suppliers to the mining industry is of course tied to the profit of the mining industry.   To invest in the mining industry, you may choose instead to average things out, and invest some in those who supply the mining industry.  How are they faring? (more…)

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Mining Risks & Investment Risks According to the Major Mining Companies

Posted in About the news, British Columbia, Commodity, Community relations, consulting, Global Warming, Human relations and mining, Investing & Finance, Jobs and Salaries, mining, tagged , , , , , , , , , on August 30, 2012 | 4 Comments »

Each year, each mining company produces an Annual Report.  Ignore the color pictures of locals, women geologists, heart-rending schools & hospitals built with mining profits, and go instead to the sections headed RISKS. (more…)

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Mining Professional Salaries vs 2012 Canadian Mining Salaries

Posted in British Columbia, Jobs and Salaries, tagged , , , on August 29, 2012 | 1 Comment »

Here is a quote from a report on the web today:

65% of mining professionals surveyed expect raises of over 15% in the next year, with nearly one fifth of survey participants seeking salary increases of over 35%.  Geologists in particular are highly optimistic about short-term remuneration gains, with 39% seeking rises of 25% or more.  The heady optimism of mining professionals with regard to near-term remuneration levels could place further pressure on mining companies already beleaguered by uncertain commodities prices. (more…)

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WorleyParsons Lays Off Staff: A Harbinger of Tough Mining Times Ahead?

Posted in About the news, consulting, decomissioning, environmental, Investing & Finance, Jobs and Salaries, Mining history, People, Tailings, Uranium, tagged , , , , , , on August 28, 2012 | 4 Comments »

In early 1983 all was well in the mining consulting world.  We had twenty people busy on a great number of mining projects: exploration; resources; site selection; design; contract documents.  All those things we did back then: no EIS; no social responsibility; no sustainable development; and no closure planning. (more…)

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Obama vs Romney on Coal Mining and the Mining Downturn

Posted in About the news, Coal, Copper, Investing & Finance, People, Uranium, tagged , , , , , , on August 27, 2012 | 1 Comment »

The kids and grandkids have left to return to California; the bikes are packed away; the towels for swimming washed;  the plastic cups and dishes back on basement shelves; and a near-adult feel returns to the house.  (more…)

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Philex Tailings Dam Failure and the Failure of Company Lawyers

Posted in About the news, Asia, Investing & Finance, Tailings, tagged , , , , , , on August 24, 2012 | 14 Comments »

The myth that modern tailings dams are immune to malfunction and failure is evidenced by a series of new reports on the Philex tailings dam.  Here are links and extracts from two of the reports on this facility: (more…)

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SEC on Frank-Dobb Conflict Metals and Mining To Cost You More

Posted in About the news, Africa, Law (Mining), tagged , , , , , , on August 22, 2012 | Leave a Comment »

In an attempt to curtail use of materials from the Democratic Republic of the Congo, the Securities and Exchange Comission would require more reporting by companies potentially using such materials.  This from the SEC website: (more…)

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Barkerville Gold NI 43-101 Failure

Posted in About the news, consulting, Investing & Finance, tagged , , on August 22, 2012 | 7 Comments »

This stark announcement on the website of Barkerville Gold:

Vancouver, BC – Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) announced today that the British Columbia Securities Commission (the “BCSC”) has issued a cease trade order, effective August 14, 2012, disclosing that the Company filed a technical report August 13, 2012 that was not in the required form under National Instrument 43-101 Standards of Disclosure for Mineral Projects. (more…)

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More Hogwash on Pebble Mine & Bristol Bay EPA Peer Review Experts

Posted in About the news, blogs, brandy, consulting, Investing & Finance, mining, People, tagged , , , , , on August 21, 2012 | 5 Comments »

More “expert” comments from the EPA Bristol Bay Peer Reviewers as culled from recent news reports.  None are particularly insightful or grammatical.  One even uses near-profanity: hogwash.  Now that is a nice term, more common in Iowa than Alaska.  Certainly, it is more acceptable in polite circles than the equivalent from Montana or other beef-producing places.  Or even from urban areas plagued by increasing populations and decreasing funds to deal with the ultimate human wastes.  (more…)

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