Category Archives: Mt. Polley

MT POLLEY BEYOND PROXIMATE CAUSE OF FAILURE: Pre Failure Economics

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

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

 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

OPTIONS & STRATEGIES FOR LOWERING AND FUNDING PUBLIC & ENVIRONMENTAL LIABILITIES OF TSF FAILURES

The following is the introduction to the summary and conclusions section of a major paper we have been collaborating on with another and far more distinguished co-author who speaks mining truths always and only with humility and quietness. So chances … Continue reading

Posted in bannaism of maine, corporatocracy, craig Vogt, Dr.Chris Seeley, mining truth, Mt. Polley, plutonomy, politics of mining, polluter pays, Robert E. Moran, TSF Risk Manageent | Tagged , , , , , , , , | Leave a comment

PUBLIC/ENVIRONMENTAL COSTS OF BUENA VISTA DEL COBRE FEEDER DAM FAIILURE FIXED AT $(US)137 MILLION: GRUPO’S BALANCE SHEET UNLIKE IMPERIALS AT MT POLLEY CAN TAKE IT

OOSKA NEWS, a water quality focused global news service has reported that the public/environmental liabilities for the August 6 failure of a feeder dam 25 miles from the U.S. border are now estimated at $137 million. https://www.ooskanews.com/story/2014/10/environmental-costs-buenavista-del-cobre-spill-estimated-1337-million_162497 Bowker Associates has … Continue reading

Posted in Buenavista Del Cobre, dam failue envronmental costs, electrowinning, Electrowinning dam faiures, Grupo Mexico, Imperial Metals, Mt. Polley, polluter pays advocacy | Tagged , , , , , , , , , , , | Leave a comment

It Is Time To Commission a Panel of Risk Finance and Underwriti​ng Experts To Review Financial Capacity of British Columbias 10 existing Mine Operators

  I only just stumbled across this article rightly questioning the wisdom of allowing Imperials other two mines , Huckleberry and Red Chris, both in B.C. to continue until a through  reexamination and “audit” is conducted.  ​http://thetyee.ca/News/2014/08/15/Imperial-Metals-Mine-Safety/   I was … Continue reading

Posted in Bowker Associates, Canada Dominance in Mining, CSP2, Financial Capacity Standrds Mines, global cash flow crunch, Imperial Metals, Mining Risk Management, Mining Watch Canada, Mining Watch Maine, Mt. Polley, SC Metals, Sumitomo Corporation, TSF Failures, WMAN | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Canada & Canadian Owned Mines In Foreign Countries Determine The Unacceptably High Risk & Loss Profile of Mines Globally

I am sure Mining Watch Canada and WMAN have long been aware of the stats and facts on Canadas global mining dominance which have appeared in the wake of the Mt. Polley TSF failure. Looking at these stats in the … Continue reading

Posted in Bowker Associates, Canadian Mining Dominance Globally, Huncleberry Mine, Metallic Mining Risk Management, Mining Watch Canada, Mt. Polley, Red Chris Mine, Tailings Storage Facility Risk Management, WMAN | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

A NEW STATUTORY & REGULATORY FRAMEWORK FOR RESPONSIBLE SULFIDE MINING: SHOULD THIS MINE BE BUILT?

In a work commissioned to guide Maine’s mining policy Dr. David Chambers, a recognized leader in building international  policy for responsible mining, has pointed to a fatal flaw in  the fabric of sulfide mining oversight in the U.S.: no one has … Continue reading

Posted in Bald Mountain Aroostook Maine, Bowker Associates, Bowker Associates Science & Research In The Public Interest, Center For Science In Public Participation, David Chambers, Environmental Risk Management, GO NO-GO Technical Framework, Go NO-GO Zones, Lindsay Newland Bowker, Maine Mining Regulations, Maine Mining Statute, massive sulfide risk management, Metallic Mining, Mining Regulation, Mt. Polley, Perpetual Treatment Policy, politics of mining, Tailings Impoundments, volcanogenic massive sulfide | Tagged , , , , , , , , , , , , , , | Leave a comment