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Posts Tagged ‘AIDS’

       

Metaphor is the way we deepen our understanding of the complex.  But here is a mining metaphor that literally leaves me cold.  A keynote speaker at a conference in London said yesterday that the mining industry is facing a nuclear winter.  He proceeded to expand on this terrible scenario, say the mining industry faces these issues:

Collapse of market values; No access to equity finance; No credit availability; Deterioration of project economics; Financings under pressure; Need to conserve cash; Consolidation trend accelerating; Cost of fending off predators.

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Let us turn our gaze from the political conventions in the USA to Africa.  If you can keep your eyes off those $300,000 diamond studs that Cindy McCain is wearing.  Now that is a triumph for mining. 

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