Project cost overruns: Implications for public disclosure.

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There is a long history of cost overruns in mining. By some estimates, average cost overruns for mining projects range from 20 to 60%. This is, particularly, interesting when you think of the fact that most of our rules governing … Continue reading

What should we expect with the “gamification” of mine planning?

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This week’s edition of Mining Journal reports on the unveiling of Runge Pincock Minarco‘s yet-to-be-released mine planning tool Xecute at last month’s SAP Mining & Metals Forum in Darmstadt, Germany. Runge’s CEO Mr. Richard Mathews gave the Forum’s attendees  a … Continue reading

What are the factors that drive community support for mining projects?

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In this era where corporate social responsibility and sustainability programs are essential aspects of mine management and planning, community engagement is essential for mine management throughout the mine’s life cycle. One of our goals during community engagement is to understand … Continue reading

Bristol Bay, EPA’s Risk assessment and the mine plan that isn’t yet a plan

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Last week (Jan 21, 2014), EPA released its risk assessment of the impact of large scale mining in the Bristol Bay watershed on the ecosystem of the watershed. The report evaluates potential mining of the Pebble deposit. The report is … Continue reading

Bull/Bear Markets and Mine Plans

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This week, I read several articles on gold’s bear run on the markets (you can find my favorite here). Several news outlets noted that gold dipped below $1,500/oz., which takes it below 20% of its peak price (the official definition … Continue reading

Software review: MineSched 8.0

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MineSched is one of those tools that has grown in leaps and bounds. So it is always exciting to learn of a major update. Late last year, Gemcom (Geovia) released MineSched 8.0. I have finally gotten the chance to install … Continue reading