Mining Man - Mining Leadership, Safety and Technical Advice

Common Mining Financial Terms - Basics Series Part #11

Welcome to Part 11 of Mining Man’s Mining Financial Basics series (click here to see the full series). 

This is the final post in the series, and I hope you’ve enjoyed the series and learnt a little about the financial concepts you’re likely to encounter around a mining operation or mining company head office.

To finish off, here’s a brief list of some other common financial terms you might hear:

Live Testing - This Week's Safety Topic

Each week Mining Man brings you a different safety topic to focus on in your safe work or safe behaviour observations at work.

This week we are looking at a rather specific type of high risk work that occurs reasonably commonly in the mining industry – live testing.

What Rudd's Removal means for the Super Profits Tax

Australia today has a new Prime Minister, with Kevin Rudd being removed from power in a leadership spill from within his own party.  What does this mean for the future of the proposed Resource Super Profits Tax (RSPT)?  Will there be changes to the tax under new PM Julia Gillard?

Accruals Explained - Mining Financial Basics Part #10

Welcome to Part 10 of Mining Man’s Mining Financial Basics series (click here for the full series).  This week we are looking at a complex accounting principle which is quite commonly encountered by non-financial people at mining operations and projects – accruals.

Accruals are an accounting instrument used to manage profits and losses from one month to the next.  Essentially accruals are used to manage the timing difference between when work is actually completed and when cash is received or paid for that work.

Awesome Manual Handling Video

Following up from last week's safety topic - Manual Handling - I've found an awesome video which really helps make the correct manual handling techniques stick in your mind! 

It uses the way a young child lifts as the role model for how our body is naturally built to lift and carry objects. 

"Keep Mining Strong" Television Commercials

Finally a set of television commericals is capturing the spirit of the Australian mining industry and the people who make it what it is.

The mining industry and mining companies in Australia have never been particularly good at fighting media battles or winning the hearts of the Australian public, but these commericals might be changing all that.

The Future of Mining - Robotics and Automation

Last night I saw a vision of the future of mining - there were unmanned trucks communicating with each other and helping each other decide which haul road to take; there were automated drill rigs sending drilling rate data directly to the mine database and then out to the 3D models used by robotic shovels for grade control.

The best thing about this vision was that all of this is already happening, and the goal of a fully automated mine is close to being realised.

Manual Handling - This Week's Safety Topic

Welcome to Mining Man’s weekly safety topic.  This week we are looking at Manual Handling.

Each week in our safety topic we talk about a particular area to focus on in your workplace safety observations (safe act observations).  We cover the key things you should be observing for, and how to commence the safety discussions.

Working with Compressed Air - Safety Topic

Each week Mining Man brings you a safety topic which you can focus on in your work, or use for your workplace safety observations.

This week we are focusing on safety when working with Compressed Air and Pneumatic Tools.  The high pressure of compressed air and its potential to be released in an uncontrolled manner can create a range of hazards at a mine site, including:

Six Tips for Giving Corrective Feedback

One of the most difficult but essential parts of a leader’s job is giving corrective feedback to people who work for or around him.

Here’s Mining Man’s Six Tips for giving effective corrective feedback, which will help improve your relationship with the person receiving the feedback, while at the same time getting your message through.