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Posts Tagged ‘P/E’

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Here is information I received as a comment on a recent blog posting:

California is an anomaly from the perspective that it is only one of 5 or 6 states or territories that do not recognize mining as an engineering discipline; along with Guam, Hawaii, Delaware and a couple of others. The need for being registered is driven primarily by the State Boards. There are several places in the industry where signatures are required: on 10K reports for certification of reserves. This requires a “qualified person” and since there are 20 states that don’t recognize geologists as a profession, then the role may be defined as engineering in some cases. There are a plethora of state and federal mining permits requiring a PE signature. Underground seals must be constructed and signed off by a PE. Roof Control and Ventilation plans and many environmental permits require signatures. As I said, California is one of the exceptions and I really don’t understand why mining is ignored when mining was at the core of the state’s formation. I will say that the lack of recognition by the State has caused some confusion regarding liability and accountability.

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The American Society of Civil Engineers 2013 Daniel W. Mead Student Contest involves writing a 2,000 word essay on the following topic.   Below I write my own blog essay on the topic as it relates to civil engineers in mining—and there are many of us doing great work.  But first the essay topic.   (more…)

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

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