One of the miracles of the free-market system is that when one person sells a share, there is another who is buying. Who are the current buyers when all are seemingly selling? (more…)
Archive for the ‘Uranium’ Category
Invest in Mining in the Downturn (Recession/Depression)
Posted in Coal, Investing & Finance, Uranium, tagged invest, mining, shares on May 8, 2013 | 1 Comment »
Reworking Old Tailings Facilities aka Slimes Dams
Posted in About the news, Gold, Mining history, Tailings, Uranium, tagged Deloitte, rework, slimes dam, Tailings, venmym on February 6, 2013 | Leave a Comment »
The following just in from Venmyn Deloitte on reworking of old South African slimes dams or tailings facilities to use the more modern term. All the old slimes dams around the area I grew up are gone. The biggest loss is that big pile of yellow sand down which we would slide on corrugated cardboard boxes. The pile was so full of uranium and gold that it was one of the first to go. I hate to think what our radioactive exposure was as kids. I can report no ill after-effects either from the radioactivity or from the mercury my father brought home for us to play with on the bedroom floor. And we knew not what a seatbelt was in those heady days of vast exposure to danger. (more…)
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 cannon mine, fired, john gadsby, layoff, mining, syd hillis, worleyparsons 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…)
Obama vs Romney on Coal Mining and the Mining Downturn
Posted in About the news, Coal, Copper, Investing & Finance, People, Uranium, tagged anthony, cleopatra, Coal, Obama, octavian, republic, romney 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…)
Gold Recovery from Unusual Mining Places
Posted in brandy, Gold, Investing & Finance, Mining history, opera, Uranium, tagged allentown, golg, kiskemetas river. india, mill foundation, Pennsylvania, slag, Uranium on March 23, 2012 | Leave a Comment »
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 pays for a new mill and turns a tidy profit. Apparently, the old mill spilt so much solution that the concrete of the slabs and foundations of the mill were indurated with recoverable gold. (more…)
Invest? Consider Argus Metals Corp for Guyana Gold, Uranium, and Precious Elements
Posted in About the news, Gold, Investing & Finance, opera, People, Uranium, tagged argus metals, Gold, guyana, invest, kaituma, michael collins, Uranium on February 16, 2012 | 1 Comment »
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. (more…)
Does Every State Need Its Own Grand Canyon and Its Own Uranium Mine?
Posted in blogs, Colorado, Enviromental, environmental, Investing & Finance, Jobs and Salaries, North America, Oil sands, Uranium, tagged Grand Canyon, Pebble Mine, Saskatchewan, uranium mining on January 10, 2012 | 4 Comments »
The news is that the area around the Grand Canyon is off-limits to uranium mining for the next 20 years.
The Obama administration has banned new mining near the Grand Canyon, an area known to be rich in high-grade uranium ore reserves, the Associated Press reported. (more…)
Valley Heap Leach Pads in Cold Climates
Posted in Gold, Heap leach, Uranium, tagged cold climate, edumine, heap leach pad on October 29, 2011 | 3 Comments »
To end the work-week, here is the knottiest problem I faced this week. Maybe the readers of this blog can help solve the problem! The issue: how to design a heap leach pad in a cold climate? (more…)
Anti-Mining Madness South Africa Style
Posted in About the news, Gold, People, Tailings, Uranium, tagged ergo, first uranium, kareerand, mariette liefferink, Tailings on October 18, 2011 | 7 Comments »
If you tour by Google Maps that part of South Africa where I grew up (mainly the East Rand around Brakpan and Springs) you will not see the many slimes dams that I knew and played around. They are long since gone—reworked for gold and uranium and consolidated into a mega-slimes dam that I recall is called ERGO. (more…)
Rio Tinto Ranger Mine Water Disaster Repeat of the Past of Too Many Slimes Dams
Posted in Australia and New Zealand, consulting, Investing & Finance, Mining history, Tailings, Uranium, tagged Australia, ranger mine, Rio Tinto, slimes dam, Tailings, tom albinese on May 12, 2011 | 1 Comment »
Here is a picture of a mining disaster waiting to happen. This is a mine in Australia that is shut down because too much rain has filled their tailings impoundment and they appear to have no facilities to treat water hence to release it. (more…)
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