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Archive for the ‘Australia and New Zealand’ Category

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. 

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Sunday night looking to Monday and a day on the oil sands mines.  Flew from rainy Vancouver to sunny Fort McMurray.  Tomorrow we will deal with issues of surface water management and the failure of sand berms inundated by ponded water.  A salutary lesson in the need for proactive and conservative planning before starting construction. 

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  Hyperbole and inflation in advertizing to the mining industry is an expected standard.  But the prose posted on the web about Neil Jagger reaches new heights of cloying adulation.  This would be forgivable were the prose precise and readable; but when the grammar is suspect and the intent even more suspect, we can but [...]

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  It is crass to take pleasure in the failure of arrogant people to achieve what they once bragged they would do.  Yet I cannot suppress a faint, incorrect spark of a smile when I read of the failure of the closure works at the Rum Jungle Uranium Mine, near Darwin, Australia. 

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Annually the Fraser Institute comes out with a survey of mining countries and ranks them according to how good a place it is to try to find an ore body, to open a mine, to operate a mine.  The Institute gives you a good guide about where to invest.  I pay considerable attention to what they say.  For this [...]

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    At this link is a ten-page paper entitled Structural Change in the Australian Economy.  It makes for interesting reading if you care about the role and contributions of mining to the Australian economy.  Here is just one paragraph that sums it up:

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   This is why this is the first blog posting this week: a visit to the oil sands to consult; and a big meeting with a client from the Northwest Territories who is faced with an expensive decision.  Along the way, plenty of opportunities to chat and eat with great mining people.  I sometimes wonder [...]

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   The end of the story is neat and tidy:  Rudd, the former Australian Prime Minister is out and a new lady is in.  Rudd was outed (or is it ousted) in part by his bungled attempt to foist a 40% tax on Australia’s mining industry.   For the mining industry and shareholders thereof, this is [...]

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   Friday is upon us, so here are a few idle thoughts to ponder over the weekend.   Re Afghanistan mining, I refer you to this link where we read:  A Chinese state-owned firm has already been awarded the concession for a copper mine in eastern Afghanistan.  Many mining industry executives say they expect the Chinese [...]

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   Hence from Perth on a gruelling flight to LAX.  A flight designed to tire you out if you need more than four hours a night sleep, even though you theoretically get four from Perth to Sydney and twelve from Sydney to Los Angeles.  At least you have plenty of time to contemplate the state of [...]

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