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Posts Tagged ‘BHP’

On Sunday I was lucky enough to go to lunch with four beautiful, intelligent young women.  One is doing post-doc studies, one is a vet, one a graphics designer, and one a civil engineer in mining.  I am sure all earn high salaries.  We ate in the old market in the center of Santiago.  I paid.  (more…)

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Each year, each mining company produces an Annual Report.  Ignore the color pictures of locals, women geologists, heart-rending schools & hospitals built with mining profits, and go instead to the sections headed RISKS. (more…)

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From Investopedia, this definition of a company’s price to earnings ratio. (more…)

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On Saturday I posted a piece on the Pebble Mine.  Here is one of the comments on what I wrote—the commenter takes me to task for consulting to the EKATI Diamond mine, while questioning the need for and the practicality of opening the Pebble Mine.  First the comment and then my reply, which is an extended essay on the morality & ethics of diamond mining. (more…)

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These days a billion dollars hardly seems like much.  We grow insensitive to the vast sums bandied about by irresponsible politicians afraid to tackle out-of-control spending.  A billion here; a billion there; and soon we are talking trillions. (more…)

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    And hence from LA to the Canadian Northwest Territories and a lecture on mine safety.  I do not know the statistics, but in terms of focus, surely Ekati must be the most safety-conscious mine I have ever been on.  BHP can be justifiably proud of the attitude and actions of the people here who inducted me into the site’s values of Zero Harm, integrity, respect, win-win relationships, and high performance.   (more…)

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Today’s top of the news stories on the life of a mine include these three;

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John McCain is from Arizona.  He has acted in the past to the benefit of mining.  In July 2007 this news report appeared:

U.S. Sens. Jon Kyl and John McCain have introduced legislation for the third year in a row that would allow a new copper mine to be developed over a huge mineral deposit outside Superior, Arizona. The mine project proposed by Resolution Copper Mining, the Arizona joint subsidiary of Britain’s Rio Tinto and Australia’s BHP Billiton, needs the legislation to pass to acquire federal land over the underground mine site.

Superior Mural in Besich Park, Superior, ArizonaThe website for Resolution Copper provides extensive data about all aspects of the project. Not the least is the living history program which I recommend you read.

The proposed mining method is Block Caving. In general terms block cave mining is characterized by caving and extraction from an underground draw point of a massive volume of rock. The withdrawal of the rock potentially translates into the formation of a surface depression (a subsidence zone) whose morphology depends on the characteristics of the mining, the rock mass, and the topography of the ground surface.

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Friday morning and the mining-related web is awash with reports of impacts on boreal forests and mountaintops.   Or maybe you can still get excited about Rio Tinto versus BHP–or is it still BHP versus Rio Tinto?  

My advice:  forget all that repetitive stuff.  Rather go to the mining site call THOTTBOT.  Here you can indulge in the beauty of copper smelting, bronze, silver, dark iron, elementium, and other rare substance smelting.  Generally all you need is a forge. 

And if you get tired of smelting rare substances, take a quick side trip to the top of the page and watch one of the mining-related movies.  Now why can the mainstream mining sites not have diversions like that?  Much better than links and libraries. 

Any rate enjoy the weekend.  I am off to California tomorrow and will blog in as the time and tide allow. 

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