A blogging community for miners and commodity traders

Ballot Measure 4 fails; Pebble Mine succeeds?

Alaska remains a mining state.  And the salmon will have to rely on perpetual water treatment to keep ‘em healthy. 
Currently the news is that Ballot Measure 4 is failing.  That is the ballot in Alaska that was designed to stop the Pebble Mine without naming the mine.  That is the ballot so full of spelling [...]

Central American mining reviewed by Oxfam; the dilemma of sustainable incompetence

Oxfam in July 2008 published Metals mining and sustainable development in Central America. 
Naturally they are critical of mining.  Naturally they set out to warn Central American countries not to allow mining.  There is little point in reading this publication for those “new insights.”  What is fun about this report is that they conclude that badly [...]

Syncrude sues Greenpeace; long live the Light Brigade!

To end the day, my accolades to Syncrude for suing Greenpeace for sending innocent young fools out to die on the end of a tailings pipeline. 
I have previously written about a blog site where one of the kids describes how scared he was, and how he had been deluded about how dangerous what he [...]

The Olympics Are Over?What?s Next for China?

Commentary from Romeo Dator, co-manager of the China Region Opportunity Fund (USCOX). The 2008 Summer Olympics were intended to be China’s coming-out party, but as far as the Chinese economy goes, the Games were a non-event.

Canadian mining magazine outlies Pebble Mine opponents: the sustainability whitewash

  
Two dumb headlines from the weekend.  Both about mining.  Both illustrate how respectable mining and political groups twist the truth to their advantage, and whitewash their acts with misleading verbiage.  In this case I propose the biggest sinner is the Canadian Institute of Mining, Metallurgy and Petroleum.  In this instance they manage to be more [...]

Freddie’s Loss is Gold’s Gain

by John Lee, CFA
August 22, 2008
Sometimes people are so caught up in short-term action that we don’t look at the long-term picture.

I have said it before: gold goes up not because of inflation (defined as money supply growth), but because of a loss of confidence of in the paper money system. Loss of confidence can [...]