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Archive for the ‘Peru’ Category

On the right-hand side of this posting is my blog-roll.  Here I list all the blogs that I have found that are true blogs or reasonable facsimiles of a blog about mining.  I have just added a new one to the list.  It is called Beyond Borders.  It is run by Barrick and subtitled Responsible [...]

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A group of professors sat around a table in a glass-clad building and wondered why they are not involved in oil sands mining. They talked of getting funding for a new professorial chair—why does the oil sands industry not sponsor a chair at our university?  They bemoaned the fact that none of their students wants [...]

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From Deloitte a new report Tracking the trends 2012, The top 10 trends mining companies may face in the coming year.  The report starts with this quote:

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In a previous posting on this blog, I made my mining predictions for 2012.  One of them was that we would be regaled by a continuing plethora of articles saying mining will be detrimentally affected by a shortage of workers.  Here is one comment on that posting (I edit for spelling and punctuation): 

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  This is a review of the book Finding Far Way by Lisa Wade.  Book reviews tell as much about the reviewer, and maybe more, than they tell of the book and its author.  This review is highly colored by the fact that I have consulted to Lisa on a project in Guatemala where she [...]

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     Two of the knottiest issues in mining include: What value to place on a potential resource in the ground awaiting mining? How to make provisions for closure cost in valuing a mining company?

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      Monday morning is the time to review your mining investments.  The question I will consider this week is: Should I invest in Rio Tinto because they are members of the United States Climate Action Partnership?  Here are some of my background thoughts on this investment decision.  

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Seems everybody with any connection to mining is protesting.  Mountaintop mining wins the Oscars.  Indians in Peru seem most determined–could you see similar protests occurring in the American South?  The Mongolians are on hunger strikes, the inspectors are revoking mining licenses, and shares drop in value.  Goldcorp and Guatemala are burning over disputed claims—nothing seems [...]

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Peruvian President Alan Garcia amended Decree 1090 “to open up to 60 % of Peru’s jungles to mining, oil , and gas exploration and development.” Protest ensued and maybe sixty people died. The President is then reported to have said: “There is a conspiracy aimed at stopping us from using our natural resources for the [...]

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