Good blogs about mining are rare. Along Fools Gold Road is a blog about mining that I have just come across. Here is an extract from one of the postings that helps us understand and appreciate the fascination we all have for gold: (more…)
Posts Tagged ‘Gold’
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…)
Some three years ago, I wrote a piece on what the Bible has to say about mining. I had all but forgotten the posting, when today somebody posted as a comment the specific piece from Job 28:1-12 to which I referred. I read it again, and its beauty moved me. So I repeat it below and then proceed to comment more on what it may tell us. (more…)
Silly articles about the price of gold litter the mining news media. Mineweb has degenerated into a kind of three-ring circus that each day delivers up at least three more superficial stories on the price of gold. One article says the price will go up; one says it will stay constant; and one says it will go down. At least nobody can accuse them of a prejudiced point of view. (more…)
Posted in About the news, First Nations, Gold, Law (Mining), Oil sands, tagged Bill C-300, Corporate accountability, Gold, mining, nickle, Oil sands, PDAC, Sherritt, star chamber on November 19, 2009 | 1 Comment »
This question is prompted by the news that the president of the Alberta Enterprise Group said “the Alberta government and energy industry must step up their listless defence of the oilsands and better fund their PR battle against environmental groups.”
Meanwhile two hundred delegates convene in Montreal to push for Canadian Federal legislation that would make Canadian mining companies report on their human rights activities in foreign countries. Mineweb reports that the Prospectors and Developers Association of Canada “has urged the foreign Affairs and International Development Committee of the House of Commons to reject the bill they say would harm Canada’s mineral industry and its reputation in less developed nations.” (more…)
The vacuous press is replete with stories about gold going above $2,000. The press revels in the idea. But I am horrified by the idea. For if gold goes so high, we can be sure the economy is inversely worse.
Investors in gold may rejoice. Miners of gold will have jobs. But the rest of us will be destitute if gold goes so high. For the more the bubble burst, that much higher the price of gold, or so it seems.
Posted in About the news, acid mine drainage, due dilligence, Gold, Reclamation, tagged acid mine drainage, advert, blog, due diligence, Gold, mining, wardrop engineering on February 18, 2009 | Leave a Comment »
Blogs are no longer biographical logs. The software for posting blogs is so easy to use that every e-news outlet and out-of-work consultant now has an e-site which they do not call a blog, but which Google recognizes as a blog. Of course the e-news channels would not call their site a blog. And most particularly, the consultants would not call their site a blog. It is too demeaning to be thus honest.
But they continue to clutter the blog e-waves with unblog like content. I refer to those serious but supercilious news articles telling us that the rise in the price of gold is a surrogate for the survival of western civilization and the return of economic stability.
Posted in About the news, Gold, Investing & Finance, Jobs and Salaries, North America, Uranium, tagged Disneyland, Gold, Ls Vegas, mining, stimulus package, taxes, Uranium on February 16, 2009 | Leave a Comment »
There are two sides to the stories of what is in the stimulus bill: one side is the hopeful; the other is the plain old funny.
Here is one that I find funny—digging swimming pools instead of open pit mines to save Caterpillar:
Smaller-scale projects such as new swimming pools, parks and baseball diamonds are also expected to get funding as state and local governments look for “shovel-ready” projects that can be started quickly.
That’s good news for heavy-equipment makers such as Caterpillar Inc. The world’s largest maker of mining and construction machinery has laid off thousands of workers amid waning demand for its products. It’s hoping that stimulus dollars will slow the slide.