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MoneyTechMine: Money, Costs, and Engineering
Information and links on a variety of technical aspects of mining & mineral exploration.


 
Articles
Flex Management Solutions
Tuesday, June 24, 2008
Here is an interesting project management website: www.flexmanagementsolutions.com. It has project management and programme management documentation such as manuals and templates. Here is more information from their newsletter. read more »
Mineral Asset Valuation
Thursday, June 05, 2008
In a Bloomberg journalist’s words, “Goldman Sachs cut its ties with the Institute of International Finance, a lobby group now best known for floating one of the dumbest regulatory proposals to emerge from the subprime-mortgage debacle.” read more »
Mining Salaries
Tuesday, May 20, 2008
Nobody will ever tell you their salary. That is generally because it is less than they would like you to believe. read more »
US Coal Mine Salaries 2007
Tuesday, March 11, 2008
The 2007 Survey Results of U.S. Coal Salaries, Wages, and Benefits gives you the information you need to establish if you are getting a fair salary or wage. read more »
International Reporting Codes - Sources of Publication
Friday, February 29, 2008
For those of us involved in the minerals industry, locally and internationally, there is now, a combined source for all the major international reporting codes. read more »
GoldSim Financial Evaluator
Friday, February 22, 2008
Ever on the lookout for another piece of software that helps the engineer, scientist, and technical folk analyze financial systems in the mining industry, my attention was turned to the GoldSim Financial Module. read more »
WITS Gold
Monday, January 21, 2008
At a recent conference, I stopped by the only booth that offered the cover of potential knowledge. It had pictures and maps of the South African Witwatersrand gold fields and the name WITS GOLD in prominent display. read more »
Surface Mining Association for Research & Technology
Wednesday, January 09, 2008
SMART is an association of mining companies that coordinate the technology development needed by the mining industry. read more »
Israel’s 2007 Diamond Trade Figures Best Ever
Thursday, January 03, 2008
Israel’s diamond trade figures for 2007 showed a substantial rise in all areas, making 2007 the best year ever for the Israeli Diamond Industry. read more »
Inferred Resources
Tuesday, December 04, 2007
Most of us involved in the minerals industry are well aware of the definition of an Inferred Mineral Resource as described in the South African Code for Reporting of Mineral Resources and Mineral Reserves (SAMREC Code). read more »
Interesting Observations in the Valuation of Junior Exploration Firms
Tuesday, October 30, 2007
The Johannesburg Branch of the SAIMM recently hosted a great presentation by Ken Lomberg of Coffey Mining on the subject of platinum Juniors active in the Bushveld Complex. read more »
Agora Tire Provides First Spot Market Price Index for OTR Tires
Monday, October 22, 2007
Agora Tire, Inc. recently announced the addition to their website
(www.agoratire.com) of the first ever spot market price index for OTR tires.
 read more »
Rescan on Carbon Inventory
Thursday, October 4, 2007
Rescan has grabbed the bull by the horns. They offer a Carbon Inventory and Auditing service. read more »
Mining Equipment Operating Costs Increase Dramatically
Monday, September 24, 2007
Newly released CostMine data shows a continuing dramatic increase in mining equipment operating costs. read more »
Calculating Additional Revenue From Accelerated Environmental Permitting
Thursday, September 13, 2007
Applied Ecosystem Services, Inc., the advanced-technology environmental consultants, provides a present value (PV) calculator on its web site that demonstrates the financial benefits possible by accelerating environmental permitting. read more »
Boka Gold
Tuesday, August 28, 2007
By now you must have read the news that Southwestern Resources is suing its ex-CEO for fraud, breach of fiduciary duty, and insider trading after realizing that he altered assay results from the Boka Gold project in China. read more »
Salaries for Miners in 2006
Tuesday, August 21, 2007
Are you being paid as much for working in a mine as you are worth? Bet somebody, somewhere, doing the same job as you, is earning more. read more »
Glencairn in Costa Rica
Wednesday, August 15, 2007
There is a lesson for us all in the failure of the heap leach pad at the Bellavista mine. Here is an edited version of the first news report I saw read more »
Cigar Lake
Monday, July 30, 2007
Cigar Lake start up is currently predicted to be sometime in 2011. When I first came across this property, startup was predicted sometime this year. The delay has affected stock prices. read more »
Technical Investing
Thursday, July 26, 2007
Do technical factors and considerations affect the price of mining shares? Do savvy investors even consider technical, as in scientific and engineering, factors in deciding to buy or sell stock in mining companies? read more »
Kevin Barker Advice
Thursday, May 31, 2007
Here is something I got from Kevin Barker, analyst and editor of The Barkerletter. I post lest we lose the advice contained herein. read more »
Montana Mining
Friday, March 23, 2007
The idea started in Montana and now is spreading across the west: no new mining unless you can prove up front that you won’t need perpetual water treatment when you shut down. read more »
High Salaries
Friday, March 02, 2007
Here is some investment advice. It may help you make money if you choose to put your hard-earned cash into mining company stocks. read more »
Venmyn Valuation
Friday, March 02, 2007
Additional perspectives on the use of the JORC, SAMREC, and Valmin, codes for reporting on the valuation of mineral properties read more »
Quality in Mining
Wednesday, February 28, 2007
Is there such a thing as QUALITY IN MINING? Has the mining industry ever practiced conventional quality programs? read more »
Cost Increases
Tuesday, February 27, 2007
2007, seems to be plagued by cost increases wherever we look. ‘Twas always thus in a new year, wasn’t it.’ read more »
Franklin Mining
Wednesday, February 14, 2007
A rare collection of technical and cost evaluation reports on a new mining project is available at the Franklin Mining, Inc site read more »
Closure Costs in Nevada
Friday, February 09, 2007
A useful checklist of items to consider when estimating the cost of closure of a mine is provided by Nevada at this link. The document is the Mine Plan of Operations Reclamation Bond Checklist read more »
Mine Insurance Costs
Wednesday, February 07, 2007
How much will it cost you to insure your mining risks? The easiest way to find out is to contact an insurance company and ask them to give you a quote read more »
Political Risk Insurance
Tuesday, February 06, 2007
What is PRI? As always the best definition of Political Risk Insurance (PRI) is at Wikipedia read more »
Climate Change and Insurance
Wednesday, February 07, 2007
The Scientific American names Swiss Re Business Leader of the Year. I suspect this is based primarily on their e-publications on the implications of climate change and hence insurance costs. read more »
Oil Sands Taxation
Friday, February 02, 2007
The news report reads (in part): “Alberta's new premier-designate wants more of the oilsands to be processed within Alberta instead of being transported as a crude resource to the United States." read more »
I Think Mining Blog
Wednesday, January 31, 2007
Some paper magazines will never die. They are the ones with high quality, thoughtful, well-written articles. The rest are doomed to fade and wither. Part of their problem is the competition of Blogs read more »
2007 Predictions - Blog Reply
Monday, January 08, 2007
Here is a reply to a request I made that TechnoMine readers pick their 2007 favorites. read more »
Mining and the Twelve Days of Christmas
Thursday, December 28, 2006
A blog-like review of the 2006 mining industry, mining technology, and the twelve days of christmas, and prospects for mining in 2007.  read more »
2007 Predictions
Thursday, December 21, 2006
My favorite holiday is the 4th of July. In California the day rises sunny and fresh: a bike ride to the beach; watch the parade and the politicians perched on expensive convertibles read more »
International Mine Valuation Methods
Monday, December 18, 2006
How do you put a dollar value on a property not unlike a moose pasture that returned some metal grades after few drill holes? Or an area with several holes with encouraging grades? read more »
Mining Accounting
Thursday, December 14, 2006
There are four big accounting firms. They provide services to the mining industry. Here are links to the mining pages of each of the big four and lists of their recent publications read more »
Aventurine and the Sherpa Software
Friday, November 24, 2006
If you have not previously seen the Aventurine site, you have a treat awaiting you. If you need to estimate the cost of a mining activity, you have to get Sherpa software. read more »
Cross Border Recruiting
Thursday, November 16, 2006
Salaries in the United States for folk in the upper echelons of mining are higher than most other places—except perhaps Europe. To see the salary ranges, see the mining salary surveys from Western Cost Mine. read more »
Mining Cost Service (MCS) Indexes
Monday, November 6, 2006
The Dow Jones Average tells you how much you are worth, how much money you made from wise investing, and how much you can spend on fancy goods and vacations. read more »
Mine Reclamation Cost Estimating Computer Codes
Tuesday, October 24, 2006
Why do none of the InfoMine Tools ever get used anymore? In answer to this question from a colleague, I guessed that nobody likes doing simple calculations anymore—we all like fancy black box computer codes. read more »
Risk and Evolution
Thursday, October 12, 2006
I returned from California to three packages on my desk: The DecisionTools Suite from Palisade; "Darwin's Dangerous Idea" by Daniel C. Dennett; "The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics." By Eric Beinhocker. read more »
SAMVAL Code
Tuesday, September 19, 2006
For Industry Discussion -- this is the newly issued (August 2006) South African Code for the Valuation of Mineral Assets. The guiding principles of the code are: read more »
Cigars and Nickel
Tuesday, September 12, 2006
If you like cigars, you may enjoy this piece. If you do not like cigars, you may agree with some of the points I make. If you invest in nickel, you may have a contrary opinion. read more »
Exploration Salaries
Friday, September 15, 2006
Another window on the otherwise hidden world of salaries: CostMine (a division of InfoMine) has just released its 2006 survey of worldwide exploration salaries. read more »
AMD Cost Estimates
Monday, August 14, 2006
A computer code to establish the cost of Acid Rock Drainage? Sounds too good to be true? Not so. I quote from the Office of Surface Mining Technical Innovation and Professional Services' website read more »
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