Feeds:
Posts
Comments

Archive for the ‘Copper’ Category

DSCF1254

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…)

Read Full Post »

tumblr_ml45btF3xj1rnbekgo1_500[1]

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?

Read Full Post »

DSC01585

“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…)

Read Full Post »

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…)

Read Full Post »

tumblr_mdiv44kaSM1rinoq4o1_500[1]

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…)

Read Full Post »

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…)

Read Full Post »

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…)

Read Full Post »

Older Posts »

Follow

Get every new post delivered to your Inbox.

Join 587 other followers