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Archive for the ‘Commodity’ Category

Today Jennifer Leinhart of CostMine sent me these two volumes: 2011 Survey Results: U.S. Coal Mine Salaries, Wages and Benefits 2011 Survey Results: U.S. Metal & Industrial Mineral Mine Salaries, Wages and Benefits

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I think the business section of the paper is consistently the most interesting; there is always some article which catches your eye. Today’s point of interest has a mining basis which relates to one of the major Northwest Territories diamond mines, Diavik.  In short, Rio Tinto is looking to sell its stake in the mine [...]

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I do not know if the following is true:  my father used to say that the only person on the mine who is assured of a new facility is the mill manager.  The reason my father gave is this: when you rework the concrete foundations of the mill you recovery so much gold that it [...]

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Funny how we all know ever detail of the US Republican presidential hopefuls, yet know nothing about those seeking to head up the NDP, the official opposition party in Canada.  Today at this link, I got a taste of who might become the next NDP leader and got a smattering of his attitude towards mining. 

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The old adage “a picture is worth a thousand words” comes to mind when you look at the above photos. I was talking to a colleague about his trip to Timmins, Ontario for an Undergraduate Geological Engineering field trip to visit the old gold and base metal mines. I too had to share a few [...]

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Clap! The sound a big volume of mining proceedings made when it landed on my desk this morning. Dropped from on high, this volume is the collection of technical papers from an International Symposium on closure of uranium mines at Wismut in Germany. If you haven’t heard of Wismut, then I suggest you get a [...]

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Mike Gowan of Golder Associates in Australia has enabled me to post at this link a PowerPoint presentation of a talk he gave earlier this month in South Africa.  At the link is the PowerPoint in pdf format.  It is a big file and may take time to download, but persist, for the wait is worth the reward once you [...]

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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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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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