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Archive for the ‘About the news’ Category

Pebble Mine and hence Anglo American may not be a prudent investment at present.  I have been wrong before in predicting the rise and fall of mine share prices, so please do not take the following as investment advice.  See this for what it is: the ruminations of cantankerous old blogger. 

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Here is one way to make money from mining that I have not hitherto thought of: do what Rick Santorum did.  It is described in a report at this link thus:   “Santorum did not register as a lobbyist, but he aided corporate and other interests as a consultant. He was paid $142,500 by Consol Energy, a [...]

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Rick Santorum could conceivably be the next president.  I hope not, but it is not my choice. I would prefer Ron Paul; at least I agree with him fifty percent of the time. 

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The golden rule of investing in a junior mining company is to ask and satisfactorily answer the question: who owns & runs the company?  In reality, investors go for juniors because their story is simple; the time-line to profit short; and there is something exotic & mysterious about their ore body.

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The proposed 2013 U.S. Federal budget includes $1M “to support research on rare earth elements.”   Compare this to the 2013 budget request for the Office of Surface Mining of $140.7M.  Compare this to the Bureau of Land Management request for $15M to “implement sage grouse conservation and restoration to help prevent the future listing of the [...]

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Soon after the fall of the Berlin wall, we descended on Wismut, East Germany with proposals to help them cleanup the old uranium mines, mills, and tailings impoundments that the Russians left behind.  The large American consulting firm that I was working for at the time, believed that with our UMTRA Project experience, we were [...]

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To repeat an email from Jamie Caswell of the National Mining Association—seems like a spark of good news in an otherwise contrary scene: Last year, our Minerals Make Life program raised awareness about the contribution of minerals to economic growth, innovation and national security in America. Thanks to these efforts, we saw the momentum around [...]

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The news wires are abuzz with the announcement that Obama has caved into his party’s environmental wing and killed the Keystone pipeline that would have carried Canadian oil to the refineries along the gulf coast.  Obama spluttered some words about reducing car fuel consumption as a way of making up for the jobs the pipeline would have generated.  [...]

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From Deloitte a new report Tracking the trends 2012, The top 10 trends mining companies may face in the coming year.  The report starts with this quote:

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What with Welsh miners in the news and possibly becoming a feature of the presidential election, let us turn to a story of the death of four miners last year in a Welsh coal mine. Here is what Queen Elizabeth said in her Christmas message about the deaths:

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