Insight and Opportunities in Professional Development and Training for Mining

Is Your Skillset Ready for an Industry Turnaround?

CAT truck

There are indications in the media that the beginnings of an industry turnaround may be over the horizon. For example … Miners spending again: $50 billion capex in five months CAT sales latest sign of mining improvement Iron ore price leaps to 10-month high Now is the time to review your skillset with a view to positioning yourself to take maximum advantage of the coming turnaround. Keep in mind that the recession has been so long that many in the industry have found jobs elsewhere

CIM Partners with SME and EduMine to Provide High Quality Professional Development for Members

CIM

Montreal, Quebec, April 28, 2016: The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is very proud to announce that it is partnering with EduMine – a leading provider of online training and education to the mining industry – in the roll-out of a premiere online professional development program to be offered to its members through a dedicated CIM “campus.” “During our strategic outreach there was a very clear ask from the CIM membership for high-quality professional development courses, especially those that enable online participation,”

Get the Best Possible Valuation of Your Mineral Property

Bulk Sampling: An Introduction

Valuation of a mineral property can be a somewhat subjective exercise … a bit like real estate valuation but more so. Which is why there are a number of methods and a lot of averaging involved. It is also why the process has been open to questionable interpretation and occasional abuse in the past. It’s all about how you assign a value based on a few drill holes, core samples, assays, geological mapping, comparison with similar deposits, and so on. The Canadian Institute of Mining,

New Online Course: Mine Planning 2 – Operations

Mine Planning Operations

We’re pleased to announce the launch of Mine Planning 2 – Operations. This course is the second in a set of three online courses on Mine Planning. This course focuses on the main concepts associated with investigating the financial impact of a number of key levers on the value of a mine plan by introducing the key mine planning concepts of sequence and scheduling as well as cut-off grade. While mine planners should endeavour to design and implement plans that are safe, environmentally sustainable and

You Can Earn More as a Miner but You Need to Specialize!

remote computing

There have been several instances of salary surveys showing miners earn more than the average in related industries. The article Here’s how much Canadian miners are currently making is just the latest example. But why is this? Why do miners consistently earn more than their colleagues in forestry, manufacturing, finance and construction? The answer lies largely in specialization. Mining is a complex industry that demands a range of specialized multi-disciplinary skills in addition to basic engineering, such as ventilation, rock mechanics, metallurgy, mine planning, resource

Your Resource Estimation May be Fundamentally Flawed Without a Good Geological Model

res est methods 1

Resource estimation is a compilation of data collection and analysis, geological interpretation and geostatistical estimation. The process is expertly summarized in a recent article by Erik Ronald, Is your Mineral Resource or Reservoir Model Fundamentally Flawed? – The Importance of Domaining and Stationarity to Geologists. Stationarity of our data and the influence of geology on the distribution of grades are key underlying concepts of this process. The semi-variogram is the principle analytical tool for establishing whether or not our data posesses stationarity. Stationarity assumes the

Read Our Interview with EduMine’s Latest Management Certificate Graduate!

Management Certificate Grad

EduMine would like to congratulate our most recent graduate Bernard Fortuin, who completed the Management Certificate Program for Mine Superintendent (Surface)! We wanted to learn more about Bernard, including what drew him to a career in mining, and to the program. Name: Bernard Fortuin Company: South32 What attracted you to a career in mining? What attracted me to the mining industry were the outstanding job prospects, and the learning and development opportunities within the field. I enjoy being involved in an industry filled with good

Is Your Exploration Team Trained to Deal with Community and Cultural Issues?

e3Plus

e3 Plus: A Framework for Responsible Exploration was developed by the Prospectors & Developers Association of Canada (PDAC) to help exploration companies continuously improve their social, environmental, and health and safety performance. e3 Plus is an information resource on which explorers are encouraged to base their corporate social responsibility (CSR) policies and programs. e3 Plus includes eight principles for responsible exploration, guidance notes on implementing the principles, and three internet-based toolkits in the areas of social responsibility, environmental stewardship, and health and safety. The eight

Improve Your Investment Skills with a Better Understanding of Mining Risk

investment-risk-imp

Mining has always been a high risk investment, subject as it is to probabilities and uncertainties regarding mineral grade, deposit extent, metal recovery and the fluctuation of commodity prices. Compounding the risk is a perception of rising political risk in many of the key mining regions, based on political instability, civil unrest, economic volatility, security crises, corruption and geopolitical rivalries. The regions most affected include the Middle East, Central and South Africa, and South America (see Political risk seen on the rise in these key

Tailings Facility Assessment Should be Included in an NI43-101 Report

mtpolley-feat

A recent posting on this blog examined the role of the NI43-101 report in providing information about a mine to prospective investors. As recent failures of tailings facilities have proved, failure of the tailings facility may significantly affect the share value of a mine or its mining company. The share value of BHP may have been reduced by as much as five billion dollars as a result of the Samarco failure. Thus it is reasonable to ask: should an NI43-101 report contain information about a