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Archive for the ‘feasibilty studies’ Category

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It costs between $1 and $40 a ton to build, operate, and close a mine tailings facility.  That is as specific as I was able to be when answering a question today in response to an enquiry from Australia.  There is a surprising paucity of data out there on the cost of tailings management.  We have details of salaries & wages.  We know the compensation of mining company executives.  We know how much it costs to engage and retain even the most expensive consultant.  But we have no data-base on tailings costs. (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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As I predicted and feared, the peer review panel opining on the EPA report on the Pebble Mine, turned out to be a group of cowards and academic ineptitudes.  They took refuge in statements of “not enough.”  They were unable to go beyond platitudes.  Here are some of their vacuous statements–I focus on the reported statement by Dirk Van Zyl who is a nice guy who always seeks the path of compromise: (more…)

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In my email this past week was a missive from the news-editor of Mining.com.  He passed on a letter sent to him for possible publication.  I repeat the entire letter below.  It has the edge I like.  It has the honesty of an old man about to retire: I respect that.  It has the frustration of change; and we all know the feeling.  So here it is.  It was written by Jay Collins, P. Eng., President,  Merit Consultants International Inc. (more…)

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The draft report by the EPA on potential mining impacts on Bristol Bay by the Pebble Mine or any of the other seven potential mines in that part of Alaska is published.  Here is a link to one report thereon—there are hundreds of news items, so maybe look for others as well if the topic interests you. (more…)

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Today’s Globe and Mail reports: “The Harper government has approved Canada’s fifth oil sands mine after the project spent six years under regulatory scrutiny, prompting a senior cabinet minister and energy executives to argue lengthy reviews are unacceptable.” (more…)

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Here is a picture of Jacob fighting with the Angel:  a fight of good versus better;  of logic versus instinct; of theory versus philosophy; of family versus God; and the ultimate biblical story of submission to higher powers.  (more…)

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Some people do cross-word puzzles.  Some do jigsaw puzzles.  And some become mining exploration geologists.  I suspect the same mental acuity, the same ability to form three-dimensional pictures in your head, and the same love of turning a few clues into a comprehensive whole are required. (more…)

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Here is how you tease the mining industry and confound reporters:  issue a news release that you have published your new NI 43-101.  Then let them search for an actual copy.  I have had an army of so-called specialists looking for a copy of Northern Dynasty’s Pebble Mine Ni 43-101.  It does not yet exist, is what we finally determined.  The smartest amongst us finally got to the SEDAR site, only to find a news release.   And this announcement: (more…)

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Here is a fascinating interaction on Taskeo’s Prosperity Mine.  I repeat in full from an e-mail from MiningWatch.  I trust they are OK with this.  (more…)

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