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Archive for the ‘Copper’ Category

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Is the Supercycle over?  I believe it is.  But others think otherwise. Mining.com says:

Don’t sound the death knell just yet: The resource ‘supercycle’ may not be breathing its last breath. The resource sector’s period of sharp price rises and heightened volatility is “alive and well,” say analysts of the business and economics research arm of McKinsey & Company.  “Rumors of the supercycle’s death are greatly exaggerated,” authors of the 2013 Trends Survey write. “Despite recent falls, commodity prices are still near their levels of early to mid-2008, just before the global financial crisis hit.”  By historical standards, resource prices are still high – even as the global economy slowly pulls itself out of recession. (more…)

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Late Saturday and I am browsing the internet.   Here is an amazing report that I chanced on.

It deals with the Rosemont copper project to-be in Arizona. It is called the Infiltration, Seepage, Fate and Transport Modeling Report.

It is more than 400 pages long, so download it and read it, and wonder at the cost to produce.  Should we be doing this for all mines?

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“Call me Luke.”  Thus introduced, we sat down to talk about his career, his company, and mining copper. Luke is a civil engineering graduate of the University of British Columbia.  He spent the first five years working for consultants in the United States and British Columbia on tailings facilities.  “That way I learnt part of what makes a mine work,” he assured me, as the names of the mines slip easily from him:  Kennecott, Dome, Campbell.  (more…)

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A massive slope failure has occurred at the open pit of the Bingham Canyon Mine in Utah.  Here is a link to a magnificent collection of photographs of the failure, which appears to have taken out part of a building, access roads, and filled the bottom of the pit with slide material.  Nobody was hurt: the mine had been monitoring movement and when deformation increased from 1 mm a day to 5 mms day they pulled out all workers.  A fine testament to the engineers who study rock and soil slope stability in the open pit mine context.  (more…)

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Yesterday I finished a three-day EduMine webcast on Mining Investment – Understand the Risks.  Today I took my own advice to heart and attended a presentation by Luquman Shaheen of Panoro Minerals Ltd on their projects in Peru.  Should I invest?  Should I advise you to invest?  Should we join Hudbay Minerals who own some seven percent of the company in the excitement of new prospects in a mining-potential-rich part of Peru? (more…)

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Just back from Chile.  Long, grueling flights, and airport lounges.  The benefits, few as they are, included the chance to read Stephen Greeenblatt’s  The Swerve.  It is the story of the recovery of Lucretius’ On the Nature of Things, a long poem in Latin from the BC era.  I have ordered both the original Latin version and two translations.  For this is of the things I believe.  I leave you to read more if you are curious. (more…)

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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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In the blog posting below, I write of great art at the Britannia Mine Museum.  Here I write of the craft of mining materials, namely the making of chain mail. (more…)

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Today we met the artist, Margie McDonald, who has a new exhibit of art made of mined materials on view at the Britannia Mine Museum north of Vancouver.  If you get a chance, take a drive up along the Sea to Sky Highway through the forests, along the coast with incredible views of the inlet, and in the bask of hot sun shimmering off the rock cliffs and snow still on distant mountains.  Then plan to spend time at the museum and in the old building housing her art. (more…)

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I have just added another blog to my blogroll–see list to the right of the page for Strings, Connections, Links.  It is not a blog about mining per se.  But many of the postings are of interest to the miner concerned with project management, the environment, sustainability, the built environment and a host of other eclectic topics.  The site came to my attention when the blog author, Andrew Abernathy sent me a comment on some postings on this blog.  Here is what he wrote (I repeat with his permission and some editing to protect the innocent.)  (more…)

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