Category Archives: Mining Economics

MT POLLEY BEYOND PROXIMATE CAUSE OF FAILURE: Pre Failure Economics

Posted on February 1, 2017 by lindsaynewlandbowker

Beyond “proximate cause”, the focus of most dam committee reports,  are the root economic causes of most catastrophic failures.  Imperial Metals had two principle mines, Huckleberry and Mt Polley that never achieved profitability and were developed and run on “shoe string” … Continue reading →

Posted in Bowker Associates Science & Research In The Public Interest, Catastrophic Tailings Failures, Causes Of Catastrophic Tailings Dam Failures, Environmental Risk Management, financial risk and public liability, Imperial Metals, Lindsay Newland Bowker, Mine Feasibility, Mining Economics, mining environmental risk management, Mining Financial Feasibility, Mining Regulation, Mt. Polley, Risk & Public Liability of Tailings Dams, Risk Avoidance & Loss Prevention Metallic Mining, Uncategorized | Leave a comment

Maine’s Statute & It’s Draft Implementing Rules Score Poorly on Catastrophic Failure Risk Assessment

Posted on September 14, 2016 by lindsaynewlandbowker

FOR IMMEDIATE RELEASE   September 14, 2016  1333 EST   Contact lindsaynewlandbowker@gmail.com 207 367 5145   RISK OF FAILURE ASSESSMENT OF MAINE MINING STATUTE AND DRAFT IMPLEMENTING RULES Lindsay Newland Bowker, CPCU ARM, Environmental Risk Manager Risk of Catastrophic Failure analysis of … Continue reading →

Posted in Analysis TSF Failures, Bald Mountain Aroostook Maine, BEP, Bowker Associates Science & Research In The Public Interest, Catastrophic Tailings Failures, Causes Of Catastrophic Tailings Dam Failures, Center For Science In Public Participation, CSP2, CU-Arsenic Standards For Concentrates, David M. Chambers, Environmental Risk Management, Global Capital Squeeze In Mining, History of Mining In Maine, Imperial Metals, lacustrine mine waste disposal, Maine Mining Law, Maine Mining Regulations, Maine Mining Rules, Maine Mining Statute, Metallic Mining Risk Management, Mine Feasibility, Mine Risk Management, Mining Economics, mining environmental risk management, Mining Financial Feasibility, Mining In Maine, Mining Regulation, Mining Risk Management, Uncategorized | 1 Comment

Share Holder Litigation Puts Spotlight On Environmental Risk

Posted on July 13, 2016 by lindsaynewlandbowker

Madison Condon, JD, Fellow Earth Institute, Columbia University NY, NY   Dear Ms.  Condon:   Thank you for your stunning and seminal work accurately drawing the arc between massive investor losses and poorly developed mining projects  which manifest also in … Continue reading →

Posted in Analysis TSF Failures, Bowker Associates Science & Research In The Public Interest, Catastrophic Tailings Failures, Causes Of Catastrophic Tailings Dam Failures, Earth Institute Columbia University, financial risk and public liability, Fundao Talings Dam, Germano Tailings Dam Failure, Global Capital Squeeze In Mining, global cash flow crunch, Highly Valued Natural Resources, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining, Mining Economics, mining environmental risk management, Mining Financial Feasibility, mining investor lawsuits, mining public liability, Mining Regulation, Public Liability & Financial Risk, Responsible Mining, Risk & Public Liability of Tailings Dams, Risk Avoidance & Loss Prevention Metallic Mining, Risk Economics and Public Liability of Tailings Dam Failures, Samarco $44 billion lawsuit by Brazil, Samarco Environmental Crimes Investigation, Samarco falha de barragem de rejeitos, Samarco investigação de crimes ambientais, Samarco Mineracao S.A., Samarco Murder Charges, Social Premium of Metallic Mining, Tailings Dam Failures, Tailings Dam Risk Management, TSF Failure Environmental Costs, Uncategorized, unfunded public and enviornmental liabilities, Vale Indictments, Vale SA. | Leave a comment

Mining Financial Risks Post-“Super Cycle” Point to Escalated & Unexamined Already Accrued Public Liabilities & Environmental Security Losses

Posted on February 19, 2016 by lindsaynewlandbowker

Although this Ernst & Young report on “post super cycle” mining business risks speaks from the miners point of view, not from the environmental risk/public liability point of view, the economic realities presented here are what Bowker Chambers (2015) was pointing at … Continue reading →

Posted in Bowker Associates Science & Research In The Public Interest, Catatrophic Tailings Dam Failures, Causes Of Catastrophic Tailings Dam Failures, Environmental Risk Management, financial risk and public liability, Fundao Talings Dam, Germano Tailings Dam Failure, Gibraltar Mine, Global Capital Squeeze In Mining, global cash flow crunch, global copper market outlook, Gold Ridge Mine, Height Limits of Earthen Dams, Highly Valued Natural Resources, lacustrine mine waste disposal, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining Risk Management, mine Company Valutaion, Mine Feasibility, Mine Risk Management, Mining Economics, mining environmental risk management, Mining Financial Feasibility, mining post-supercycle, Mining Regulation, Mining Risk Management, New Prosperity Mine, plutonomy, politics of mining, polluter pays, Prosperity Mine, Public Liability & Financial Risk, Rate of Raise for Upstream Tailings Dams, Responsible Mining, Risk & Public Liability of Tailings Dams, Risk Avoidance & Loss Prevention Metallic Mining, Risk Economics and Public Liability of Tailings Dam Failures, Samarco falha de barragem de rejeitos, Samarco investigação de crimes ambientais, Samarco Mineracao S.A., Science for Sale, Social Premium of Metallic Mining, Tailings Dam Failures, Tailings Dam Risk Management, Tailings Storage Facility Failures, Taseko, TSF Failure Environmental Costs, TSF Failures Consequence, TSF Risk Profile, TSF Risk Profile Globally, Uncategorized, Upstream Tailings Dam Safety | Leave a comment

1 million Cubic Meter Landslide From Ruins of Failed Fundao Dam

Posted on February 2, 2016 by lindsaynewlandbowker

  On January 27 the debris in the site of the former Fundao dam  shifted causing a 10 minute slide of 1 million cubic meters of material out of the site  and necessitating the evacuation of all workers. According to … Continue reading →

Posted in alegria mine, Analysis TSF Failures, Bowker Associates Science & Research In The Public Interest, Brazil 's High Grade Iron Ores, Causes Of Catastrophic Tailings Dam Failures, corporatocracy, Environmental Risk Management, Fundao Talings Dam, Germano Tailings Dam Failure, Height Limits of Earthen Dams, Highly Valued Natural Resources, Lindsay Newland Bowker, Linhares Civil Action Against Samarco, Measuring Magnitude of Consequence TSF Failures, Metallic Mining Risk Management, Mine Feasibility, Mine Risk Management, Mining Economics, Mining Environmental Crimes, mining environmental risk management, Mining Financial Feasibility, Samarco falha de barragem de rejeitos, Samarco investigação de crimes ambientais, Uncategorized | Leave a comment

TASEKO TEETERING: ANOTHER SCHOLZ VETTED “Mining Metric Original” Accrues Ever More Potential Public Liability While It Struggles With Too Much Debt And Too Little Cash Flow

Posted on January 28, 2016 by lindsaynewlandbowker

 With copper prices dropping below $2 per pound, Taseko may just be trying to keep afloat during 2016. It has an estimated $65 million USD in cash at the end of 2015, and requires approximately $2.25 per pound copper to … Continue reading →

Posted in B.C. Hydropower Payment Deferral For Troubled Mines, Bowker Associates Science & Research In The Public Interest, Canadian Mine Risk & Loss Profile, Canadian Mining, Causes Of Catastrophic Tailings Dam Failures, Environmental Risk Management, George Ireland, Gibraltar Mine, Global Capital Squeeze In Mining, global cash flow crunch, global copper market outlook, Highly Valued Natural Resources, Imperial Metals, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining, Metallic Mining Risk Management, Metals Price Forcasting, Mine Feasibility, Mining Economics, mining environmental risk management, Mining Financial Feasibility, Mt. Polley, Mt. Polley Tailings Dam Failure Impacts, politics of mining, polluter pays advocacy, Social Premium of Metallic Mining, Taseko, Uncategorized | Leave a comment

SAMARCO DAM FAILURE LARGEST BY FAR IN RECORDED HISTORY

Posted on December 12, 2015 by lindsaynewlandbowker

April 19,2018  Update Through creation of a magnitude index  which creates a single vector out of data for release, run out and deaths, we have confirmed that the Fundao is the largest failure in recorded history with a magnitude score … Continue reading →

Posted in alegria mine, Analysis TSF Failures, BHP, Bowker Associates Science & Research In The Public Interest, Brazil 's High Grade Iron Ores, Causes Of Catastrophic Tailings Dam Failures, Center For Science In Public Participation, CSP2, dam failue envronmental costs, David M. Chambers, Economics of Iro Ore Mining, Environmental Risk Management, Frequency of TSF Failures BY Decade, Fundao Talings Dam, Germano Tailings Dam Failure, Global Capital Squeeze In Mining, global cash flow crunch, Height Limits of Earthen Dams, ICOLD BULLETIN 121, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining Risk Management, Mine Risk Management, Mining Economics, mining environmental risk management, Mining Financial Feasibility, mining public liability, politics of mining, polluter pays, Public Liability & Financial Risk, Rate of Raise for Upstream Tailings Dams, Risk & Public Liability of Tailings Dams, Risk Avoidance & Loss Prevention Metallic Mining, Risk Economics and Public Liability of Tailings Dam Failures, Samarco Mineracao S.A., Samitri, Tailings Dam Failures, Tailings Dam Risk Management, tailings dewatering, Tailings Facility Failures 1910-2015, Tailings Failure Rates, Tailings Storage Facility Risk Management, TSF Design & Management Standrds, Uncategorized, unfunded public and enviornmental liabilities, Upstream Tailings Dam Safety | 1 Comment

Brazil Initiates Environmental Crimes Investigation Against Vale, BHP and Samarco Officials On November 5th Tailings Dam Catastrophe

Posted on November 6, 2015 by lindsaynewlandbowker

Fact is BHP know why it failed. They just cannot tell us until the lawyers have vetted the communications why they ignored their peer reviewers, their consultants, and their FNEAs until people were dead They had an FMEA PIG plot … Continue reading →

Posted in alegria mine, Analysis TSF Failures, BHP, Bowker Associates Science & Research In The Public Interest, Brazil 's High Grade Iron Ores, Causes Of Catastrophic Tailings Dam Failures, Center For Science in Citizen Participation, David M. Chambers, Dirk Van Zyl, Frequency of TSF Failures BY Decade, Geoesteval, Germano Tailings Dam Failure, Height Limits of Earthen Dams, Lindsay Newland Bowker, mine Company Valutaion, Mine Feasibility, Mine Risk Management, Mining Economics, Mining Environmental Crimes, mining environmental risk management, mining public liability, Pimenta De Avilar, Rate of Raise for Upstream Tailings Dams, Risk & Public Liability of Tailings Dams, Risk Economics and Public Liability of Tailings Dam Failures, Samarco Environmental Crimes Investigation, Samarco Mineracao S.A., Samarco Tailings Master Plan, Samitri, Tailings Dam Risk Management, Upstream Tailings Dam Safety, Vale SA. | 6 Comments

Interdisciplinary Research Reveals Global Trend of Tailings Dam Failures That Will Result In $6 billion in Unfunded Unfundable Public Liability 2010-2019

Posted on July 23, 2015 by lindsaynewlandbowker

https://drive.google.com/file/d/0Bw0jCpuVRzgEUkp2OXFaV1FlVm94dDZYYmJtQmExYWJ1eWhZ/view?usp=sharing Contact: David Chambers, President Center for Science In Public Participation , Bozeman Montana  (406-585-9854) Lindsay Newland Bowker, Director Bowker Associates Science & Research In The Public Interest  Stonington, Maine 207 367 5145 Catastrophic mine waste spills increasing in frequency, severity and … Continue reading →

Posted in Andre Mc G. Robertson, Catatrophic Tailings Dam Failures, CU Average Grade 1910 2010, CU Average Ore Production 1910 2010, CUCosts of Production 1910 2010, David M. Chambers, Lindsay Newland Bowker, Mining Economics, Tailings Risk Management, World Bank | Tagged , , , , , , | Leave a comment

Maybe JD Irving Should Have Spent $1 million Evaluating the Financial Viability of Bald Mountain Instead Of Lobbying the Maine Legislature for Sanction To Pollute Groundwater

Posted on March 8, 2015 by lindsaynewlandbowker

Complex CU-Deposit Financial feasibility:Arsenic Limits In Concentrates:Bald Mountain Interesting article on attainability of international concentrate standards on arsenic.  Another perhaps insurmountable challenge,  and certainly a great limitation on possibilities for, Maine’s Bald Mountain where arsenic levels present problems without solutions in other … Continue reading →

Posted in Aroostook Resources Ltd., Bald Mountain, CU-Arsenic Standards For Concentrates, George Kendrick, global copper market outlook, JD Irving, Mining Economics, Mining Financial Feasibility, Mining Risk Management, Pierce Atwood, Stantec, Tom Doyle | Tagged , , , , | Leave a comment