Posts Tagged ‘Copper’


Is the Supercycle over?  I believe it is.  But others think otherwise. Mining.com says:

Don’t sound the death knell just yet: The resource ‘supercycle’ may not be breathing its last breath. The resource sector’s period of sharp price rises and heightened volatility is “alive and well,” say analysts of the business and economics research arm of McKinsey & Company.  “Rumors of the supercycle’s death are greatly exaggerated,” authors of the 2013 Trends Survey write. “Despite recent falls, commodity prices are still near their levels of early to mid-2008, just before the global financial crisis hit.”  By historical standards, resource prices are still high – even as the global economy slowly pulls itself out of recession. (more…)

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“Call me Luke.”  Thus introduced, we sat down to talk about his career, his company, and mining copper. Luke is a civil engineering graduate of the University of British Columbia.  He spent the first five years working for consultants in the United States and British Columbia on tailings facilities.  “That way I learnt part of what makes a mine work,” he assured me, as the names of the mines slip easily from him:  Kennecott, Dome, Campbell.  (more…)

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MineWeb reports that workers have left the copper mine in Afghanistan being developed by the Chinese because of fears of Taliban attacks.  It appears that the Taliban has target the mine, stating that they do not believe the people will benefit from the mine and that profits will be siphoned off by the Afgan elite and the Chinese. (more…)

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Being a Sunday I took long walks through the city.  Here are some pictures of things that caught my attention. 

A typical street scene with public clock and advert.


The copper man–indeed a live human all dolled up in copper. 

The spires of the cathederal in the main square. 

This is the statue of Pedro de Valdivia.  I think he was the fellow who founded the city.

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gold- stack of bars

The Huffington Post was sold this week for millions.  For years I have dipped into it occasionally for a balance on the news.  I even fought the folk here at InfoMine telling them the format is attractive and easy to use.  At last this advice is getting implemented–but only partially. (more…)

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   As a blogger, I must tell the story, repeat the opinions, and record ideas.  I leave the deep analysis to the the journalist and academic.  What follows is a true record of today’s lunch conversation. (more…)

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   The idea is so unusual that we must pause to consider it:  could mining (the extraction of metals from the ground) help in the demining (removal of explosive devices from the ground) in Afghanistan? (more…)

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   The Chilean 8.8, three-minute long earthquake disrupts Chile’s copper supplies and this may lead to an increase in the price of copper.  A report states:  (more…)

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This quote from prayerbeacon, a blog that appears to list things Christians should pray for regarding the upcoming election.  The site lists statistics and associated “prayer points” by state.  This is a short statistic about Arizona:

The state’s per capita income is $27,232, 39th in the U.S. Arizona had a median household income of $46,693 making it 27th in the country and just shy of the US national median. Early in its history, Arizona’s economy relied on the “Five C’s”: copper, cotton, cattle, citrus, and climate (tourism). At one point Arizona was the largest producer of cotton in the country. Copper is still extensively mined from many expansive open-pit and underground mines, accounting for two-thirds of the nation’s output. The state government is Arizona’s largest employer, while Wal-Mart is the state’s largest private employer, with 17,343 employees (2008).

There are no employment figures for either mining or beer distribution in Arizona.  But it is an interesting statistic that Arizona produces two-thirds of the nations copper.  How much is imported one wonders.  (more…)

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The issue is the same as always:  Can a Vancouver company come in and mine a vast reserve of copper and nickel without affecting surface and groundwater. 

The shenanigans are the same as always:  miners say yes, opponents say no, and everybody is lobbying everybody else to subvert the process or advance it to their benefit. 

In brief PolyMet, a Vancouver-based company wants to open a vast copper and nickel mine on land owned by the US Forest Service in Minnesota.  And as always the issue of acid mine drainage, bonding, and perpetual water treatment raise their heads: 

Metals in ore bodies like the vast Duluth Complex — which runs diagonally through the Arrowhead — form around sulfides that, when the ore is brought to the surface, can combine with air and water to form sulfuric acid, which is deadly to fish and other aquatic life.


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