Category: From The Editor

Major Changes Sweep Through the Mining Business

They say you can judge the health of the mining business by the escalators at the Toronto Metro Convention Center during the annual Prospectors & Developers Association of Canada (PDAC) convention. Among other things, it offers miners a chance to discuss their projects and prospects with bankers and investors. Empty escalators signal tough times ahead for the mining business, but that was not the case this year. Indeed, it was quite the opposite with security holding back the crowds at times.
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Another Tailings Dam Bursts

Tragically, it’s happened again. Another tailings dam has failed at an iron mining operation in Brazil. This time it’s Vale’s Corrego do Feijão mine near Brumadinho. The death toll is staggering (See News, p. 4). Our hearts and prayers are with the families of the iron ore miners in Minas Gerais and all the people who suffered a loss.
From an engineering standpoint, this is totally unacceptable. The environmental impact this time is not as severe as the Samarco collapse near Mariana in 2015, when satellites tracked an orange plume through Brazil’s countryside until it eventually fouled the Atlantic Ocean, but it’s a major environmental calamity nonetheless.
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