Everybody from President Bush to John McCain to Barack Obama is saying that you can reduce energy consumption by inflating your car tires.  Individually, one car driver may reduce their monthly gas (petrol) bill.  Collectively it may indeed result in the use of less gas.  But as a way to solve the United State’s energy pain, it is silly. 

Still, as an individual, it is worth doing.  So yesterday I increased the air pressure in the tires of my favorite bike.  Cut a few seconds off the ride down the hill to the SeaBus. 

That plus lunch with fellows from Inproheat set me thinking about the energy balance of a typical mine. 

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NovaGold is hit with a shareholder class action lawsuite over the failure to develop the Galore Creek mine in British Columbia.  Plaintiffs are Rudolph T. Textor and all purchasers of securities of NovaGold Resources from October 25, 2006 through November 23, 2007.  Mineweb tells the story in full.  Here is the essence of the complaint:

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