Part III: Developments in Minerals Reporting & Valuations

Part III: Developments in Minerals Reporting & Valuations

On June 16, the U.S. Securities and Exchange Commission (SEC) proposed a new rule that impacts property disclosures for mining registrants. The comment period for the proposed rule is set to expire on September 26th. As proposed, mining registrants will now be allowed...
Part II: Developments in Minerals Reporting & Valuations

Part II: Developments in Minerals Reporting & Valuations

For those following the recent SEC proposed rule for property disclosures from mining registrants, the deadline to submit comments has been extended 30-days, to September 26, 2016.  A number of insightful comments have already been submitted from the likes of the...
Developments in Minerals Reporting & Valuations

Developments in Minerals Reporting & Valuations

There are a few recent developments affecting the valuation of mineral deposits and reporting of mineral reserves.  The line between reserve estimation and minerals appraisal or minerals valuation is becoming increasingly blurred.  Declaration of “proven...
It’s the Fuel!

It’s the Fuel!

Several years ago I began a diesel fuel sampling and testing program not because I was particularly savvy about fleet management at the time, but because I had a particular experience that I didn’t want to repeat!  In general, we do not give much thought about...
Lubricating “Big Iron”

Lubricating “Big Iron”

This post is a mini case study about the importance of an effective lubrication program, specifically as it relates to draglines and shovels, or “big iron.”  It was later published in Machinery Lubrication Magazine! Most of the time when I ask mine...
Another Sad Day for Coal

Another Sad Day for Coal

I listen to news on my morning drive from the Gateway to Appalachia to my firm in Lexington, KY, where I have worked for the past several years.  In this part of the country, the ‘war on coal’ rhetoric has been a constant drum.  Yes, there are market...