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By M. F. Goudge

THE present century has witnessed an amazing transformation in the uses of limestone. From being mainly a structural material, a role it has played since the beginning of civilization, it has become one of the in-dispensable raw materials for use in the great chemical and metallurgical industries that play such a vital part in the economic life of the nations today. Its uses have become so diversified and numerous that it enters, directly or indirectly, into nearly every phase of modern life. In this introductory paper it is proposed merely to outline the general usefulness of limestone and to point out some of its salient features, and to leave any detailed discussion of uses to the papers that follow. The term limestone as herein used embraces all kinds from the variety known as high-calcium limestone, which is composed almost entirely of calcite, to the dolomitic variety, composed largely or entirely of the mineral dolomite. Lime is simply calcined limestone and, in considering the uses of limestone, the uses of lime should also be included, particularly in view of the fact that, in many processes, it is possible to use limestone in either the raw or the calcined state.

Jan 1, 1939

By A. E. Dyment

In formulating an explosive for any specific set of conditions, various factors must be taken into consideration. Is it to be subjected to water or moisture? .If so, it must be designed to have an inherent ability to resist water. Is it to be used in confined spaces underground, where ventilation is limited? If it is, it must possess qualities enabling it to form, upon explosion, the minimum quantity of noxious gases, such as carbon monoxide or oxides of nitrogen. Is it for use where low temperatures may possibly prevail? If so, it must be capable of resisting such temperatures without freezing. Is it for use where dust or inflammable gases may be present? If it is, then it must be so formulated as to produce, upon detonation, a flame of the lowest possible temperature and the shortest possible duration, in order to lessen the chance of ignition of such gas or dust. This is actually the essential property of a permitted explosive, and it is undoubtedly the most important characteristic of an explosive which is to be used in gassy or closed-light mines. This being the quality that distinguishes permitted explosives from other types, it is interesting to investigate the ways and means by which the low-flame-temperature characteristic is obtained . Generally speaking, such explosives are so designed as to contain comparatively small quantities of nitroglycerin and relatively large quantities of the strength-producing salt, ammonium nitrate. This ingredient does not develop as high a temperature upon explosion as does nitroglycerin, so its presence, in large measure, in place of nitroglycerin results in an explosive which has an inherent low-flame-temperature characteristic, as opposed to one which is .made up largely of nitroglycerin, which would ordinarily be in the high-flame-temperature class. Additions are also made of flame-quenching salts such as sodium chloride, ammonium chloride, and up to a certain limiting percentage of sodium nitrate. These salts, with the exception of the last, do not ordinarily take an active part in the explosive reaction, being present primarily to absorb heat liberated by the reacting ingredients.

Jan 1, 1947

By R. C. Wallace

Since the time when Canada's East and West were joined by the railway, and communication was established into the interior, settlements grew on the southern fringe of the great Precambrian area that formed the northern protaxis of the continent during its vicissitudes of growth. They clung precariously to the fringe of that ancient land, for the Precambrian is not generous to those who wish to live by the fruits of the soil, except in those limited areas where the Pleistocene ice-sheet has been profuse in its gifts of clay to cover the hard surface of the Precambrian rock. Later settlements spread westwards over the expanse of Cretacean plains that now form the wheatfields of the Canadian West; but there still remained in northern and western Ontario, in eastern and northern Manitoba, a pioneer race, to whom agriculture had attractions only in so far that it provided the wherewithal to lay siege to the riches of the Precambrian. And they had a vision beyond their time. More than they knew, they had seized the fact that for the complete rounding out of Canadian national life, a8 well as for the establishing of the necessary contributions towards the economic stability of Canada and its provinces, an industry in mining sh01.dd be well and truly built in the hinterland of the central provinces. Failing the winning of mineral from the rocks, and timber from the forests, there would remain between the East and the West an enormous barrier of unproductive country which would not only be an incubus to the agricultural people in their struggle for economic liberty, but would effectively, and for all time, remain an un-populated void across which the aspirations of East and West would be unable to unite.

Jan 1, 1924

By Bryan Wilson

Background ?Nickel Rim South Mine started production ramp-up in Q2, 2009. ?The main dewatering pumps were put into use in August 2009. ?3 Feluwa?multisafe?positive displacement pumps ?1700m single lift pumping ?Reliability has been an issue due to the amount of slimes and fibers (from shotcrete) at the pumps. ?Critiqued internal dewatering system to solve some issues we were having with our sumps Findings 1.Much of the final dewatering system was not in place. a)Temporary pain. Difficult to say something is not working when the system was not yet in place as per design. b)Not enough capacity to handle slimes within the system. 2.Need to address issues with the final design: a)Ongoing costs: The end design has operating costs of $2.5 million b)Scoops in Sumps: The end design relies on scoops to be used for cleaning the sumps c)Slimes Recovery: The system mixes 3 different products in the sumps along with the fibers d)Pump repair costs: The existing Tsurumi pumps are too light duty for our slimes

Nov 1, 2011

By H. Wilhelm, W. I. van Drunick

The Anglogold Ashanti (AGA) Navachab single stage SAG mill has provided an excellent setting for incremental optimization. Over the past decades, several interventions have resulted in marked improvements in specific performance; including steel ball scat removal, re-design of the mill lifters, replacement the pebble crusher and cyclone cluster, as well as the use of a vibrating screen in place of a discharge trommel. Recent initiatives now include an operating fine DMS circuit, studies on pre-crushing of the ROM feed and also fine-screening as an alternative to hydrocyclone classification. The current optimized state of the Navachab mill allows it to operate at approximately 20% higher efficiency when compared to mills of similar shell dimensions in gold mining, treating similar ore. This paper describes the systematic improvement of the SAG circuit to its current state.

Jan 1, 2012

By Malcolm Scoble

School Values ?? Each other; ?? Students, & helping them develop intellectually, personally & professionally; ?? Freedom to pursue educational & research opportunities; ?? Home-work-life balance; ?? The geographic-business community in which we operate ; ?? The pursuit of excellence; ?? Our contribution to society; ?? Creativity & innovation; ?? Teamwork & collaboration; ?? Career development, achievement & reward.

May 1, 2008

By Charles J. Zablocki, Robert J. Kamilli

"Buried, possibly mineralized granite cupolas at the Silsilah tin deposit in Saudi Arabia (lat. 26°06' N, long. 42°40' E) have been successfully located using a closely spaced electric-field-ratio profiling technique. In this study, electrical fields at 27 and 270 Hz across grounded electrodes spaced 50 m apart were measured along six traverses. This method is interpretable by inspection, unlike the dipole-dipole technique, which requires mathematical modeling for interpretation.In the study area, the technique allowed the authors to identify and distinguish among unroofed granite cupolas, cupolas with their aplite-pegmatite apical contact zones intact, strong (quartz-rich) and weak (relatively quartz-poor) greisens, dikes, faults, and pervasively argillized rocks.This method should be useful in the valuation of other shallow mineral prospects in similar settings in other parts of the world, especially deposits for which the location of vertical contrasts is important, such as veins or mineralized zones associated with the apexes of small igneous cupolas."

Jan 1, 1993

By Frank Wright

"The Icon Sullivan Joint Venture ore deposit was discovered in June, 1965 by Messrs. Paul Benard, Bob Galipeau and Mac Watson working under the direction of Mr. Andrew J. Troop, as employees of the Icon syndicate. The deposit is located on the Waconichici River as the south end of Baie du Poste of Lake Mistassini, approximately 45 miles north of Chibougamau. Property acquisition and Winkie drilling was followed by a diamond drilling program to evaluate the deposit. Stripping of the open pit area connnenced in the late fall of 1966 and the first test sample of ore was shipped to Chibougamau in December of that year.Regular ore shipments to the mill of Merrill Island Mining Corporation Limited for concentration commenced May 25, 1967. Production to December 31, 1970 amounts to 42,960,000 pounds of pay copper.The ore is chalcopyrite in white quartz dolomite, and it contains a very small amount of precious metals. The quartz dolomite assumes a flat to gently dipping attitude and is associated with a graphitic argillite contact zone on both hanging and footwall sides, in dolomitic limestone rocks. There is practically no other sulphide present in the ore.During the summer of 1969 a series of pre-concentration tests were completed and a Wemco heavy media sink float plant was installed in late 1969 and early 1970. This pre-concentrator eliminates at least one third of the ore mined in the form of barren quartz dolomite prior to ore shipment by truck to the concentrator in Chibougamau."

Jan 1, 1971

By Steve R. McCutcheon, Cees R. Van Staal, John P. Langton, Leslie R. Fyffe

The volcanic-dominated Tetagouche Group in northern New Brunswick contains numerous massive-sulfide deposits and intimately associated metalliferous sediments. The massive sulfides are generally hosted by Llanvirnian-Llandeilian volcaniclastic sedimentary rocks of the Nepisiguit Falls, Patrick Brook, and Boucher Brook formations. These formations are intercalated or closely associated with rhyolitic-dacitic flows and/or domes, and minor continental tholeiites of the Flat Landing Brook Formation. Pyroclastic rocks are relatively scarce in the silicic volcanic complex. Tuffites and epiclastic sandstones, of the Nepisiguit Falls and Patrick Brook formations, respectively, generally occur along the fringes of the silicic volcanic complex. The flows and tuffites are intruded by quartz- and feldspar-phyric rhyolite (porphyry) dykes, sills, and domes. Although the volume of the silicic volcanic complex is large, evidence for a previously proposed collapsed-caldera model is lacking. On the basis of host-rock type and stratigraphic position, the sediment-hosted massive sulfides have been divided into three groups: the Brunswick-, Caribou- and Halfmile Lake-type deposits. Syngenetic feeder pipes and asociated alteration zones are generally not present beneath the Caribou- and the Halfmile Lake-type deposits and, if present at all, are poorly developed underneath the Brunswick-type.

Jan 1, 1992

By C. Jay Hodgson, P. J. MacGeehan, T. Sanders

"The orebodies of the Campbell and Dickenson mines are localized within an anomalously fissile and deformed zone that transects the eastern margin of a dominantly mafic volcanic complex close to its contact with a synchronously formed sedimentary basin containing clastic and chemical sedimentary rocks. The ore zones are mainly quartz-carbonate fissure veins and siliceous replacement zones formed during deformation and metamorphism, although there are some syn-volcanic exhalative ore zones in the mines. On a regional scale, the volcanic rocks have been affected by syn-volcanic spilitic alteration which has involved the leaching of Fe, Mg, Au and As from, and the addition of Na and variable amounts of Si to bleached zones enveloping primary permeable structures in the rocks. The leached constituents were deposited on the contemporaneous sea floor as iron-rich chemical sedimentary rocks. Although this alteration is not closely related, spatially, to the ore zones, it is characteristic of the general environment, and may serve to distinguish gold-prospective from gold-barren areas on a mining-camp scale.Closely associated spatially with gold deposits is a zone of feldspar-destructive alteration within which the volcanic rocks are characteristically feldspar-free, enriched in As, Au and to a variable degree in Si, and depleted in Na, Ca and to a variable degree in Mg, Fe and K. The alteration zone is also characterized by abundant, variably transposed, small quartz-dolomite to ferrodolomite veinlets formed during deformation and metamorphism, and includes, but extends outside of, the anomalously fissile zone hosting the orebodies. The alteration zone is interpreted to have formed syn-volcanically within the upper part of a major submarine hydrothermal discharge zone."

Jan 1, 1982

By P. W. A Severin

"The Sturgeon Lake deposit, a partly eroded lens of massive sulphides with an underlying sulphide stringer zone, is one of five orebodies that occur in the Sturgeon Lake area of northwestern Ontario within volcaniclastic rocks of the Archean Wabigoon Subprovince in the Superior Province of the Canadian Shield.The Sturgeon Lake Cu-Zn-Pb-A g-Au deposit was discovered in October 1970 as a result of an I.P. survey. Production from this open-pit mine began in March 1974 and continued until the ore was exhausted in March 1980.The Sturgeon Lake property is underlain by basaltic volcanics, minor amounts of mafic lapilli tuff and rhyolite volcaniclastics. A quartz crystal-bearing rhyolite occurs at the top of the felsic volcaniclastics and is ""capped"" by the Sturgeon Lake massive sulphide deposit. The felsic volcanics have been intruded by a crudely layered sill-like, carbonatized mafic intrusion. Recent work suggests that the felsic rocks that underlie the Sturgeon Lake deposit are lateral equivalents of those in the vicinity of the Mattabi Mine and are not correlative with the dacitic volcaniclastics that underlie the Lyon Lake and Creek Zone deposits. Hydrothermal processes that resulted in the formation of the Sturgeon Lake orebody have resulted in a depletion of Na2O, CaO and FeO and an increase in MgO, K2O, copper and zinc. In the vicinity of the sulphide stringer zone, the rhyolites are ""bleached"" due to silicification and sericitization. The rocks lying immediately below the massive sulphides are locally strongly chloritic.The Sturgeon Lake deposit may have formed on a top ographic high which prevented mafic flows and dacitic volcaniclastics that underlie the Lyon Lake and Creek Zone deposits from inundating the Sturgeon Lake fumarolic vent from the west. Continued or resurgent activity from the Sturgeon Lake fumarole may have resulted in the formation of the Lyon Lake and Creek Zones as more ""distal "" deposits in topographic lows. The Sturgeon Lake, Lyon Lake and Creek Zone deposits were subsequently overlain by mafic tuffs and flows."

Jan 1, 1982

By R. E. Baylis, M. R. Tolley, S. Singh, A. J. Murray, R. Boden, L. E. Macaskie, T. P. Hathway, D. Vavlekas

We report rare earth element (REE) recovery using immobilized Serratia biofilm depositing metal phosphate via a robust enzymatic mechanism. Activity was approximately halved at pH 3.5 and restored at pH 5.5. REE(III) was recovered selectively against Th(IV) but the method was non-selective between different REEs (La, Y, Eu, Nd). Biofilms were active for a year (half life of ~ 3 months). The activity of aged biofilm was enhanced by pre-nucleation (‘priming’) with NdPO4 prior to onset of flow-through conditions. The use of different ‘priming’ metals and bacteria via a combinatorial approach revealed some REE selectivity through the selective exclusion of specific REEs.

Jan 1, 2014

By Gary M. Poxleitner

Skip/Hoist ?Vertical Advantage of Hoist ?High capital ?High operating cost Trucks Trucks ?Flexibility of ramp ?Low capital ?High operating cost Conveyor Inclined High capital ?Low Cost to run ?Continuous Production ?High Capacity ?Transfer pointsMax Grade: +32%

Feb 1, 2008

By R. P. Viljoen, A. L. Sokolov

"The distribution of mineralized provinces is analyzed on the basis of their genetic link with specific blocks of the earth's crust including ancient platforms, mobile belts and zones of tectonicmagmatic activation. Mobile and fold belts surround the Siberian platform in Russia and the Kaapvaal craton in South Africa, with decreasing age zoning away from ancient platform margins. The main differences in the geological development of the two cratonic areas are: (1) the long period before the final stabilization of the Siberian platform (3600 Ma to 1600 Ma) and the comparatively short period of time for the stabilization of the Kaapvaal craton (3600 Ma to 3050 Ma) and (2) the intensive multiple activation of the marginal zones of the Siberian platform and the tectonicallycontrolled, magmatic sedimentary, intracratonic activity, typical of the Kaapvaal craton. Mineralization of the Siberian platform is largely characterized by marginal reactivation zones of differing ages although mineralized intracratonic Cu-bearing basins of Proterozoic age are also known. Mineralization of the Kaapvaal craton is mainly related to the formation of the intracratonic basins i.e., Witwatersrand (Au, U) and Transvaal (Au). The latter is characterized by multi-age volcanic-intrusive activity including the emplacement of Bushveld Complex (Cu, Ni, Pt, Cr, Au, V). The Siberian platform is characterized by the prolonged development of inherited mineralization from Archean until the late Mesozoic. The main period of mineralization in the Kaapvaal craton is restricted to the middle Proterozoic.The Baykal-Patomskaya and Namaqua-Natal mobile zones occupy similar positions adjacent to the Siberian and Kaapvaal cratons, respectively, and demonstrate similar modes of metallogenic development: i.e., the early formation of exhalative Pb-Zn-Cu deposits during the early stage and magmatic Cu deposits during the late stage. The more remote mobile belt near the Siberian platform, the Trans-Baykal, is characterized by intensive multi-age mineralization (Wo, Mo, Sn, fluorite), related to a period of tectonic-magmatic activation. The Saldania Belt occupies a similar position near the Kaapvaal craton but is known for its poor Au, and Cu mineralization. It does, however, have some similarities with Trans-Baykal Belt in regard to Mo-W bearing granitoids.The phenomenon of interference of geosynclinal, orogenic, platform, and tectono-magmatic activation regimes is known for the Russian section of the Pacific Ocean Volcanic Belt."

Jan 1, 1994

By E. S. Moore

GOLD was discovered previous to the year 1900 on the east shore of Emerald lake, Afton township, Timagami Forest Reserve. It was found in a small cavern in banded iron formation, close to the water's edge. This occurrence of gold was mentioned in several reports that referred briefly to this area, and prospectors evinced considerable interest in the region. It was not, however, until the Golden Rose Mining Company, which was incorporated in 1909, started operations that much work was done on the property. In 1915-16, this Company, under the direction of E. J. Townsend, the President, did a considerable amount of work. A small mill was built and ore was extracted from pits, trenches, and a one~ hundred-foot shaft. In 1927, Afton Mines, Limited, was incorporated to take over the property, and about thirty men were employed for a time. During 1934, the New Golden Rose Mining Company was organized to handle the property, and the Consolidated Mining and Smelting Company of Canada, Limited, undertook to develop the mine. In March of the following year, this Company began deepening the shaft from 100 feet to 500 feet. A considerable amount of drilling had previously been done on the hill of iron formation in which the mine is located. Further drilling was done from the surface, and altogether about twelve holes have been put down to test the formations. Over 2,000 feet of drilling has also been done from the underground workings. The mine is now known officially as the New Golden Rose mine, although to many it is better known as the Afton. To reach the property during the summer months, there is a boat trip of about thirty miles from Timagami, a wagon-road portage of one mile to Obabika lake, a boat trip of ten miles on this lake, and finally a wagon-road portage of one and one-quarter miles to Emerald lake. The mine lies about three-quarters of a mile down the east shore of the lake. A 75 h.p. Diesel engine and compressor were taken in over this' route last summer, and it is evident that the transportation problem is quite a serious one. Airplanes have been much in use, and a winter road runs from the mine to Chudleigh, on the .Canadian National railway near Sudbury.

Jan 1, 1936

By J. H. Archibald

"In mines employing cut-and-fill stoping (sand fill), ore passes are built as mining progresses upward. These ore pass raises are generally made from timber and form a vertical ""chimney"", like a very tall log cabin. Traditionally the chimney, or raise, is square in shape and is constructed from square timbers with stepped ends as shown in Figure I. The timbered raise is thus surrounded by sandfill on its outside, leaving the centre open for passing ore down through it. Each layer consists of four timbers and rests flush on the layer below. The corners are frequently pinned or spiked.Under certain conditions in sandfilled stopes large horizontal loads may be transmined to the raise cribbing timbers, or the ""chimney's"" walls. In deep mines, where rock bursts are a problem, it can be shown that one of the conditions for rockbursts to occur is that the burst zone be stiffer and weaker than the surrounding rock(l). This allows a strain energy build-Up in the rock surrounding the burst zone, and the rate of release of this strain energy is known to be related directly to the over-all strength and stiffness of the rock in the burst zone. In stopes that are sandfilled, attempts are, therefore, usually made to increase the strength of the sandfill by the addition of large-sized waste rock and Portland cement. These measures usually achieve the desired strength of the sandfill and, consequently, the severity and frequency of rockbursts can be reduced.Problems may arise when the now chunky sandfill transmits high loads to the raise cribbing along with relatively large move- merits. This leads to heavily stressed and strained cribbing timbers the Coeur d'Alene district in Idaho, raise cribbing failures are common. A typical mode of cribbing failure is shown in Figure 2. One learns in statics that a structure shaped like the crib in Figure I is inherently unstable , at least from a structural standpoint. The crib has pivoted, in Figure 2, into a rhombi c shape and supports very little load. Soon the four-foot square raise cribbing made from 5 in. by 5 in. timbers will no longer pass ore."

Jan 1, 1991

By M. Kaya, A. R. Laplante

"Since the beginning of eighties the use of flotation columns has surged in Canada and abroad; the metallurgical superiority of columns over mechanical cells is in great part due to froth washing, which ensures higher gangue rejection and selectivity. Can wash water, which has proven so beneficial, be used in mechanical cells? Although froth washing technology was widely implemented in Soviet plants for bi tuminuous coal, and alusite, powellite, scheelite, molybdenite, etc. more than 25 years, it has been neglected in the western world. Published data suggest 10 to 15~ increases in grade and/or recovery with wash water in mechanical cells (Klassen and Mokrousov, 1963). There are at least three wash water plant applications in Zaire, Chile, and Canada, but little, if any, published information is available. This research work, which is the first extensive fundamental study related to froth washing in mechanical cells, attempts to answer the questions of how, how much, and where should wash water be added.This project was undertaken in three stages:1. Bench-scale laboratory tests with a 6.5 L Denver cell at McGill using a silica flour and a slime reject from Niobec (St.Honor6).2. Pilot-plant scale tests with a 65 L Denver cell at McGill using the silica flour and a complex Cu-Ni sulphide ore from the Strathcona mill of Falconbridge.3. Plant-scale tests with a bank of 2800 L Denver cells at Falconbridge Ltd. for complex Cu-Ni sulphide ore and Eastmaque Gold Mines Ltd. for Au tailing reclaimation."

Jan 1, 1989

By P. J. van Staden

Several differences exist between the columns used for laboratory simulations of heap leaching and commercial heaps. Column walls support part of the weight of the ore and restrict the particle packing arrangements. Columns are typically of a diameter that is smaller than the dripper spacing to be used on the commercial heaps. The stacking practices that cause segregation and stratification on heaps are absent from columns. Intuitively, these physical differences would be expected to be the reasons behind the observed differences between column and heap leaching performance. But how can they be quantified, and what is the magnitude of the differences? Could some of these differences be built into column leaching experiments in order to better simulate commercial-scale heap leaching performance to ease the scale-up calculations from column leaching data? Alternatively, could heap construction practices be improved so that the ideal performance obtained in columns could be emulated on heaps? Data from a few heap leaching cases studies that permit direct comparisons between column and heap leaching performance is analysed, to reveal the extent of the differences in resistance to mass transfer. Discussion is provided on the implications for column and heap leaching practice, and for scale-up design procedures. INTRODUCTION Differences have been known to exist between leaching performance observed in laboratory columns and that of commercial-scale heaps. Both the heap leaching kinetics and finally achievable extent of extraction are generally found to be inferior in heaps compared to that achieved in columns. Heap leaching design engineers extrapolate the anticipated heap leaching performance by multiplying the time-axis of a column-leaching curve by a factor of about 2 and the extraction-axis by a factor of about 0.8, as explained by Jansen and Taylor (2002), Scheffel (2002), John (2011) and Scheffel, Guzmán, and Dreier (2016). The procedure is illustrated in Figure 1 by means of a hypothetical example. The solid line represents the leaching performance observed in a laboratory column, and the dashed line represents the anticipated leaching performance of a heap, extrapolated from the column leaching data using these empirical scale-up factors.

Jan 1, 2019

By R. D. Brown

In view of the many changes which have taken place since 1950 in the rules of the Income Tax Act concerning the deduction of exploration and development expenses, many corporate taxpayers each year face the tedious task of determining which particular rules their unclaimed exploration and development expenses are subject to and in what sequence these expenses are to be claimed. Recent amendments to the Act have cleared up some of the mystery of the "ordering" of these deductions. This article examines the sequence in which various categories of exploration and development expenses are to be deducted in accordance with the terms of the Act as amended by Bill C-11.

Jan 1, 1978

By Karl J. C. Harries

"The following is an outline or check sheet of some things that might be looked at when considering the concept of a royalty or royalty provisions. It is not intended as a guide to what is right or wrong (that is for the parties to decide). It does not replace the discussions in this work and is not intended to be a complete or exhaustive compilation of matters to be considered. It presumes that you are familiar with the basic concepts of royalties and has been included as an aide memoire only. Use it as such, with caution and common sense, and amend it to suit your needs. Remember also that brevity can result in inaccuracy or imprecision. This is a danger in many points below.The section references are for the sections where the matter is the main subject of the section – see the index for other sections.Royalty TypesNet Proceeds [§§ 5.8.; 11.4.]• No accepted or understood meaning within industry.• Literal meaning, if not defined, would imply “net operating profit”.• Often defined as net profit with revenue base of proceeds from sale of product.• Should not be used without detailed and clear definition. Net Operating Profit [§§ 5.8.; 11.4. – referred to only]• Net profit without recoupment of pre-production expenditures.• Revenue base: usually proceeds from sale of product.• Operating costs deductible.• Some reserves may be permitted.• Recoupment of some post-production capital expenditures may be permitted.• Not often seen as basis for royalties in Canada."

Jan 1, 2003