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Posts Tagged ‘Copper’

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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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