I recently heard a great story about the safety culture that has permeated the mining industry over the past decade, with probably a bit of overkill within the major miners. At an alleged meeting between 50+ mining execs from each side of Newmont and Barrick in New York City, discussing a possible business combo, the… Continue Reading
Since 1867, after Alfred Nobel invented dynamite, the basic cycle of hard rock mining has remained constant: drill, blast, much, repeat. What has obviously changed at today’s comparatively massive mines, are the technology, processing and mining methods, all triggered by advances in engineering. I recently read a phenominal book about the most innovative of early… Continue Reading
From the world’s largest multi-commodity producers to the smallest, zombie junior exploreco, to the individual prospectors peddling their properties, the past four plus years have obviously been a disaster. Producers have cut back expenditures and sold assets to either achieve or sustain meager profitability; juniors have tried anything, generally with limited success: from ‘Hail Mary’… Continue Reading
As we reach the climax of the holiday season, the Christmas cheer on Howe Street is a mere shadow of bull markets in years past. The mining industry and our weary investors have been delivered yet another lump of coal in our collective stockings. Not even some nice high value met coal or anthracite, but… Continue Reading
I still own all of the shares from my first ever private placement. It was 1994, and I was working for Lac Minerals at the Red Mountain project, which I now manage for IDM Mining Ltd. (IDM.v). A few kilometers to the east of us, my Uncle Don McLeod had the Willoughby gold project in… Continue Reading
25 years have passed since the Eskay Creek discovery, claim staking rush and Vancouver Stock Exchange bubble. Murray Pezim was correct; it became one of the richest mines of all time! I was a dishwasher at my dad’s hotel in Stewart, B.C. when this five-part BCTV news series with Deborra Hope about the Golden Triangle… Continue Reading
