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By Kri Inwood

"IntroductionIn 1879, when the Dominion government initiated its controversial program of industrial promotion, iron smelting in Canada was limited to one company producing coke iron on the mainland of Nov a Scotia and three small charcoal blast furnaces in Quebec. There was no steel production. By the eve of the first great war, iron and steel were being produced in very large quantities, the companies active in 1879 had disappeared and new centres of integrated iron and rolled steel production at Hamilton, Sydney and Sault Ste. Marie had come to resemble the industry as we know it today.The most dramatic change was that at Sydney, Nova Scotia, where in the early 1900s, two steelmaking companies established works. The Sydney developments have been explained as the result of resource discovery and technical change. W.J. Donald, in his authoritative account of the Canadian iron and steel industry, observes:""The most rapid growth of the Canadian iron and steel industry has occured since 1897... The remarkable growth has been caused largely by the new conditions of the industry. The discovery and use of Newfoundland ores, together with the availability of Cape Breton coal, has made the Nova Scotia industry not only possible but profitable ... It is a safe conclusion that the Canadian industry would not have been an important one, had it not been for the discovery of the Michipicoten and especially the Wabana (Newfoundland) ores""Donald also argues that metallurgical progress had been necessary to render the ores valuable,""Newfoundland ores ... contain a considerable amount of phosphorus, and were made available for steel-making by recent inventions.""The purpose of this paper is to re-examine Donald's story. It will be argued that the origin of steel -making at Sydney is somewhat more complicated than Donald has indicated. The difficulty with Newfoundland ore extended beyond its phosphorus content and a resolution required more than the basic open hearth furnace identified by Donald. Moreover metallurgical change was only one of several developments necessary to induce industrial investment at Sydney. Surprisingly, however, the discovery of iron ore in the late nineteenth century does not appear to be part of the explanation."

Jan 1, 1983

By Patrick Pelletier Jr., Pierre-Alexandre Bossé, Gianni Bartolacci, Ian Orford, Steve Parent

"Over the last decades, many authors have shown the importance of froth in the flotation process. Mineral recovery is related to froth recovery and flotation. Selectivity is affected by froth characteristics, especially structure and loading. The characteristics of froth textures could therefore be used for diagnosing flotation.Machine imaging, especially image texture analysis, allows on-line measurement of important froth characteristics and process state classification. The measured characteristics include froth texture, loading and stability indicators. To extract information from images, texture analysis tools are used as well as a block-matching algorithm (BMA). For process state classification, images are analyzed with the same tools and clustering is done with multivariate data analysis algorithms.Two case studies, Brunswick Mine Concentrator Cu/Pb circuit and LaRonde Mine Zn circuit, are presented to show that these indicators may be used for diagnosis and control. The influence of manipulated variables on measured froth features is shown as well as the relationship between froth characteristics, mineral recovery and flotation selectivity.INTRODUCTIONImaging is a way to depict abstract characteristics of a scene or an object; it is often related to other types of scientific observations, chemical component concentrations, for example (Geladi and Grahn, 1996). In this paper, the scene is flotation froth. Imaging can be especially useful in applications where it is difficult to obtain the measurements needed for process analysis – froth flotation, for example."

Jan 1, 2006

By Andrew Bamber

A fast and objective spreadsheet-based model for the financial evaluation of innovative mining and processing strategies such as pre-concentration vs. a conventional base case is presented. The size and grade of the deposit must be chosen, from which a mining rate is selected. Expected operational data for the deposit as well as any mill testwork and results from the pre-concentration testwork are entered as input variables on the sheet, and cost and revenue impacts are calculated in the ?Output? sheet. A capital sum and operating costs for the initial mine and mill development as well as the pre-concentration facility are calculated. The net changes in capital and operating costs are calculated, and impacts on revenue through changes in metal recovery are also calculated. These outputs are used to calculate the overall impact on the cutoff grade and thus the size of the mineral reserve using a generic grade-tonnage model. The NPV and NPV profile of the two scenarios is calculated, with variations in basic parameters such as operating cost, capital requirements, metal price or grade as well as discount rate. Cost and revenue impacts are evaluated and compared to the baseline to establish a positive or negative impact overall. Different scenarios of grade, tonnage, mining rate, process performance, capital and operating cost structure can be explored using the model. Outcomes projected by the model for case studies conducted thus far have been calibrated against internal estimates by the sponsoring organizations and found to be accurate to within 30%, confirming the utility of the model in practice.

Oct 1, 2009

By A. Mazhary, T. Huff

Sensor-based ore sorting technology is a growing area of interest due to lower-grade ore deposits and higher costs of processing, among other reasons. Among the sensors currently utilized in the particle sorting industry, X-Ray Fluorescence (XRF), as the only sensor with elemental analysis capabilities, has always attracted more attention. Currently, the bench-scale amenability tests for this sensor are performed using hand-held XRF analysers. However, this testing method overestimates the performance of the XRF sorter, and therefore, the results from these tests can be misleading and are often mispresented. The work presented here was conducted on a copper mine and investigates how the sensor’s sensitivity to copper deteriorates under different testing methods. This work compares and correlates the results of an Olympus hand-held XRF analyser, static, and dynamic sorter responses with the actual grades of the rocks. The results confirmed that, the sorter response was extremely prone to blind spots. Furthermore, the results demonstrated that although the static sorter’s responses were comparable in terms of rock identification to those of the hand-held XRF analyzer and assays, the accuracy of the dynamic sorter response deteriorated both as a function of grade of the rocks as well as the potential for blind spots. INTRODUCTION Sensor-based sorting technology has been gaining increasing attention even by larger mining corporations as ore grades decrease, deposits get deeper and therefore cost of mining and processing increases. There are various types of sensors that are currently being used in the particle sorting industry such as X-Ray Transmission (XRT), Color, Electromagnetic (EM), Near-Infrared (NIR) and others. However, none of the sensors are capable of identifying and quantifying particles by the elemental content, except for X-Ray Fluorescence (XRF). XRF is a non-destructive, surficial analytical technique used to measure elemental composition of materials. X-ray fluorescence happens when a secondary x-ray (fluorescence) is released after a sample is bombarded by a primary x-ray source. From a sorting perspective, the most common and expected issues that are associated with XRF sorting are lower throughputs compared to other sensors due to particle presentation limitation as well as the need to wash the material before introducing to the sorter. However, one important issue that is mostly neglected is how the amenability tests are performed and how realistic the obtained results are. Current amenability test procedure utilises a handheld XRF analyser (such as an Olympus InnovX, as used in this work) on multiple, generally 4, sides of the rock and uses the average measured grade as a criterion for separation. While this is a widely accepted technique, it fails to consider some important factors such as exposure time and the distance between the sensor and the particle. These factors can significantly affect the sorting outcome.

Jan 1, 2019

By R. Simkus, J. K. Gowans

Polaris Operations, a Cominco Ltd. lead-zinc mine, is located on Little Cornwallis Island, Northwest Territories, at Latitude 75°23' N and Longitude 96°75' w. When the Polaris Mine went into operation in late 1981, it became the world's most northerly base metal mine.The Polaris Concentrator, housed in a unique process barge, is a basic lead-zinc concentrator where flotation is used to produce the lead and zinc concentrates.The paper describes the ""coarse lead"" flotation feature incorporated in the concentrator flowsheet and describes the start-up problems and continuing operation of this circuit.

Jan 1, 1984

By W. R. Hargrave

"Mining OperationsOre will be mined by open pit techniques. Because of the high grade of the deposit and the low strip ratio, mining rates are small relative to most other open pit operations.The ore deposit is located in the valley of the main fork of Red Dog Creek. The bulk of the deposit is located on the southwestern flank of the creek, but mineralization does traverse the creek in both the north and east directions.Erosion has exposed the orebody in a number of locations, and has resulted in oxidation of the mineralization closer to the surface. Although much of this oxide material is very high grade, it leaches readily and, at least in the initial phases of the operation, will be stockpiled and not treated in the concentrator.During construction, 2.3 million mt. (2.5 million st.) of overburden and waste will be stripped from the orebody to expose ore for initial operations. Competent non-mineralized waste will be used to build roads and waste dumps, but the bulk of material removed consists of oxide or ice-rich soils and weathered rock which is not suitable for construction.The annual ore mining rate will be 1.9 million mt. (21. million st.). The strip ratio will start off at 1.2 to 1, falling to 1.0 to 1 by year 5 and ultimately to 0.8 to 1.Bench heights are set at 7.6 m (25 ft). Pit slopes will vary depending on the material present in the wall. The slope, through competent waste and the sulphide package, was set at 45 degrees. This is flattened to 26 degrees (i.e. 2: 1) through overburden and Upper Kivalina shales. The Kivalina Shales are an ice-rich shale whose carbonate matrix has been leached out and which exhibits little or no strength as it thaws. In addition, a 100 ft containment berm will be left in the wall below overburden and Kivalina."

Jan 1, 1989

By C. T. Bischoff

Introduction Air conditioning is a term which has come into common use only during our generation. By definition, it means the positive and accurate control of temperature, humidity, movement, purity, and component constituents of the atmosphere within an enclosure. Claiming such results for Noranda's ventilation system, or for that of any other large mine, at present would be an idle boast. However, we are working toward that end with considerable success. Modern underground ventilation at Noranda dates back about six years. The later development of air conditioning is in its fourth season, but still in the experimental stage. Various ingenious methods have been devised to cool mines which, because of climatic or geological conditions or depth, are excessively warm. A few installations have been made to warm intake air during the winter months where this is necessary. However, the method currently in use at Noranda is unique in that it accomplishes both ends by one process. This method utilizes the freezing and melting of ice to equalize year-round temperatures. Mining Methods While a discussion of mining methods at Noranda is not proposed in this paper, a brief summary may be in order. The Horne mine of Noranda Mines, Limited, has been developed by six shafts, four of which are now active. The most recent, an internal shaft, extends to 6,000 feet below surface, but all of the ore mined to date has come from above the 3,000-foot level. Figure 1 shows a model of principal ore bodies. The area mined is relatively small in plan, considering its vertical extent and the tonnage per vertical foot. Most of the ore lies within an ellipse about 600 by 1,000 feet. While this has certain advantages, the mining of such massive orebodies has presented many problems.

Jan 1, 1947

By A. E. M. Warner, I. E. Hills, C. L. Harris

Since the late Dr. Keith Brimacombe, et al, performed tests at the now-closed Asarco Tacoma smelter and the Inco Copper Cliff Smelter on Peirce-Smith copper converters almost thirty years ago, many Pyro-metallurgists have investigated using the technology. To the best of the authors knowledge, except for shrouded tuyere technologies using substantial oxygen enrichments, the core idea of using high pressure air injection has not been implemented anywhere in the world. This paper reviews the fundamentals of this technology and summarizes the basic economic considerations. It also presents the circumstances of where and when high-pressure injection might be justified.

Jan 1, 2007

By G. R. Peeling

The Mining Association of Canada launched the Towards Sustainable Mining initiative in 2004. TSM's goal is to improve the mining industry's performance by aligning its actions with the priorities and values of Canadians. The initiative currently includes performance indicators for four areas: tailings management, energy use and greenhouse gas management, external outreach and corporate crisis management planning. Over the past year, the association has been designing a performance assessment and verification system for these performance areas, as its members prepare to move external verification of their performance in 2007. The initiative and its evolution, as well as the challenges faced in developing a verification system applicable to an entire sector will be examined.

Jan 1, 2007

By S. K. Schwartz

"This paper describes the general layout of the environmental monitoring scheme at Devco 's No. 26 Colliery, including wall face ventilation, fan performance and methane drainage, and then goes on to discuss the sensors, the outstation layout, the surf ace control room and the protection of the system.IntroductionCape Breton coal mines have been pioneers in the use of the latest technology in mining coal on this continent. To mention just one example, continuous methane monitoring at the coal face was started in 1976 and the idea of automatically stopping the face conveyor during high gas levels using the face signalling system was conceived and developed by CBDC engineers.With the introduction of remote environmental monitoring, No. 26 Colliery will be the first underground coal mine in Canada and possibly in North America to have computer-based comprehensive environmental monitoring.Traditionally, surveillance of the mine environment has been based mainly on periodic checks by portable or hand-held monitors. Although this method proved adequate, it has some limitations, namely:1) restricted 'number of observations and samples;2) relatively long time between taking measurements and availability of results for assessment.With remote monitoring, the above limitations are overcome because (a) monitoring is continuous and (b) monitored data are updated quickly (typically 5-7 sec.). Remote monitoring also provides a centralized 'information center' at the surface from where the entire mine environment can be monitored. Details of modes in which data can be displayed and features available at the location will be discussed later in the paper."

Jan 1, 1982

By Marc Arpin

La Bolivie possède tout pour réussir. Son vaste territoire de plus d'un million de km2 et qui occupe une position stratégique au coeur du continent sud-américain recèle des ressources naturelles (forêts, minéraux, gaz naturel, etc) variées et abondantes. Elle a une frontière avec pas moins de 5 pays dont le géant que constitue le Brésil ainsi qu'avec l'Argentine, l'autre puissance régionale. Pourtant, malgré tous ces atouts, la Bolivie demeure l'un des pays les plus pauvres du continent. Ce paradoxe n'est nulle part mieux reflété que dans le secteur minier. Celui-ci fait face à une situation de crise en dépit d'une tradition minière de plus de quatre siècles et d'un potentiel géologique indiscutable ayant conduit à la découverte et à l'exploitation de fabuleux gisements d'argent et d'étain. Les habitants des districts miniers vivent dans des conditions de pauvreté extrême et les indicateurs de développement humain de ces régions sont parmi les plus bas en Amérique du Sud. La Bolivie réussit difficilement à attirer les compagnies minières alors que, chez les voisins, et particulièrement en Argentine, qui n'a pas de tradition minière, les investissements miniers majeurs affluent. Dans cette conférence, nous chercherons à expliquer les causes de cette situation et proposerons des solutions possibles.

May 1, 2001

By F. Rashchi, A. Ghahreman, J. Moghaddam, S. Karimi

"In this work, the kinetics of ferric-ferrous redox reaction on a passivated sphalerite electrode is studied by the application of chronoamperometry method in 0.5 mol L-1 H2SO4 solution. The electrochemical behaviour of ferric and ferrous couple was investigated on two sphalerite minerals acquired from two different geological regions (Iran and Canada). The carbon paste electrode (CPE) of sphalerite was initially prepared and passivated in 0.5 mol L-1 H2SO4 solution and after reaching the steady-state condition, ferric and ferrous sulfate solution was added. The registered current density differences between the current density of the passivated electrode and that of the electrode in the iron salts added solution were interpreted for kinetics of ferric-ferrous reduction-oxidation reaction. The equilibrium potential for ferric-ferrous couple on sphalerites surface was about 500 mV vs. Ag/AgCl. The exchange current density (i0) for ferric-ferrous redox reactions on the sphalerite samples had the same magnitude of 10–6 A cm–2. The electrochemical impedance spectroscopy (EIS) measurements at 550 mV vs. Ag/AgCl illustrated that sphalerite oxidation was controlled by two charge transfer process in both of Fe-free and Fe-containing solutions. The charge transfer resistance remarkably decreased when Fe salts added to the 0.5 mol L-1 H2SO4 solution, owing to the ferric-ferrous redox reactions being the predominant reactions on sphalerite surface.INTRODUCTION Direct atmospheric leaching processes for sphalerite concentrates are performed by reduction of an oxidant (e.g. ferric ion and oxygen) and oxidation of sphalerite to zinc ions. Oxygen could be an oxidizing agent as well, but the concentration of oxygen is very low in the solution. The role of ferric ions is predominate in this oxidation (Babu, Sahu, & Pandey, 2002). The oxidation reaction for sphalerite in the presence of ferric in can be presented as follows (Lampinen, Laari, & Turunen, 2015):"

Jan 1, 2017

By Bryn Harris, Liming Huang, Andre Laplante

"This paper reviews flowsheets generally used in gold rooms to upgrade primary gravity concentrates particularly those of Knelsons. It is concluded that even for small operations, which treat between 250 and lo00 kg of concentrates per day, there is a strong economic incentive to include in the flowsheet magnetic removal of tramp iron, at least two shaking tables, screening of either table feed or table tails at 150-212 um, and scavenging of table tails with a small centrifuge. Headroom, rather than floor space, is often inadequate in most gold room designs, and limits gravity flow and flowsheet flexibility. Experimental data are presented to demonstrate the effectiveness of a small Knelson Concentrator to scavenge significant amounts of gold (up to 91 %) from fine table tails.RésuméCet article examine les schémas d’évolution généralement utilisés pour traiter les concentres gravimétriques d‘or, en particulier ceux produits par concentrateur Knelson. Nous en venons à la conclusion que même pour un petit circuit d’une capacité de 250 A 1000 kg/jour pourrait bénéficier des opérations unitaires suivantes : concentrateur magnétique pour extraire la feraille, au moins deux tables A secousses, criblage de l’alimentation ou du rejet d’une ou des tables i une maille de 150-212 um, et épuisages des rejets fins de table avec un centrifuge de petite capacité. C’est l’espace vertical du lieu où se fait cette concentration qui représente la contrainte la plus importante, plutôt que sa surface, puisqu’il faut maximiser l’écoulement par gravite des pulpes et s’offrir une certaine flexibilité quant à l’agencement final des opérations unitaires. Nous présentons également des données expérimentales pour démontrer l’efficacit6 d‘un Knelson de laboratoire pour récupérer jusqu’ à 91 % de l’or contenu dans les rejets fins de table."

Jan 1, 1999

By S. C. Tadolini, J. M. Goris, J. L. Gallagher

Cable supports offer several advantages over traditional secondary support methods by enhancing stress redistribution to pillars and gob areas, minimizing or eliminating timbers and cribs that reduce ventilation, eradicating material-handling injuries related to placement of crib supports, and providing a cost-effective alternative to secondary support. The U.S. Bureau of Mines (USBM), researching alternatives to traditional roof support methods, designed and installed high-strength cable supports to improve the stability of longwall gate road entries in a western U.S. coal mine. With the cooperation of industry, methods were developed to install and evaluate cable supports in a tailgate area using traditional resin cartridges. The cable-bolted areas successfully maintained roof support throughout the developed entries. Cable supports have replaced wood cribbing as secondary support in the bleeder entry system and have minimized or eliminated the use of cribbing in the longwall tailgate entries. This paper describes the theory, application, and advantages of cable supports and presents some mine measurements made to assess the cable performance during the retreat process of longwall mining.

Jan 1, 1999

The principles and utility of in-situ coal gasification are discussed, and a first field test conducted by the Alberta Research Council in 1976 near Forestburg, Alberta, is described. The test was carried out in a 12-ft subbituminous coal seam under 60 feet of cover. Within this seam, a 30 by 60-foot block , containing approximately 650 tons of coal, was delineated by four injection/production holes which were oriented to take advantage of the natural fracture system in the coal. Linkage between holes was established by reverse combustion and gasification was accomplished by injecting air into the ignited coal. No steam was injected but operating pressures were adjusted to utilize formation waters for partial carbon -steam gasification. The coal gasification runs lasted six weeks and gasified an estimated 900 tons of coal ,' during sustained periods of gasification, a fuel gas with heating values of between 110 and 150 Btu/scf was obtained. Plans are now being developed for excavating the test site and inspecting the subsurface cavities created by gasification.

Jan 1, 1977

By J. Chenier, M. Boissoneault, D. Ducharme, R. Schonewille

The operation of Falconbridge's Sudbury nickel smelter has undergone significant change since the production was consolidated to a single electric furnace in 1994. In the late 1990's a capital program of about $100 MM (Cdn) was undertaken to expand and modernize the smelter. This project, known as Smelter 2000, was mainly driven by the need to process the new concentrate produced at Falconbridge's Raglan operation in northern Quebec. Included in the scope of the project was the installation of dry concentrate handling facilities, modifications to the roaster feed preparation system, installation of a matte granulation system and modification of one of the converters. Improvements to in-plant hygiene were also an important part of the Smelter 2000 project. Over the past 5 years much has been learned about the challenges in treating two significantly different concentrates. More recently, the introduction of a third concentrate from Falconbridge's new Montcalm operation near Timmins, Ontario has added another dimension to the operation. This paper will describe how the main challenges from the past 7 years have been overcome and discuss the path forward for the Sudbury Smelter Business Unit.

Jan 1, 2005

By Manqiu Xu, Andrew Lee, Frederick D. Ford, Cara Wercholaz

"Platinum-group minerals (PGM) typically occur in such low concentrations that quantitative mineralogical evaluation is difficult or impossible. The FEI MLA system used by Vale Base Metals Technology Development has been successfully employed to produce large PGM data sets that are statistically robust. The MLA Sparse Phase Liberation mapping routine produces false colored images that accurately document mineral textures, including intergrowths between various platinum group minerals and between PGMs and other tellurides and sulfides. MLA PGM search results can be used in conjunction with mineral chemistry to calculate platinumgroup element distribution to minerals and the MLA PGM images can be used to produce model grade-recovery curves.INTRODUCTIONThe platinum-group minerals (PGM) found in Sudbury area deposits have been extensively catalogued and reviewed by many authors including, but not limited to: Farrow and Lightfoot (2002), Cabri and Laflamme (1984; 1976) and Cabri (1981). The PGM list currently used has 12 minerals summarized in Table 1. As noted by Farrow and Lightfoot (2002), platinum-group minerals in Sudbury are dominated by tellurides, bismuth-tellurides and arsenides, with an absence of platinum-group element (PGE) sulphides or ferro-platinum alloys such as tetraferroplatinum - PtFe."

Jan 1, 2011

By G. Bonnivard

"A complete laboratory process for the treatment of lateritic ores containing a high proportion of iron, as well as chrome and alumina, has been established. The ores treated originate from the tropical zones and result from superficial climatic alteration. According to recent estimates, the known reserves of such ores reach many billions of tons, thus representing huge potential reserves for the elements they contain.The process used is based on the alkaline roasting of pelletized ore in the presence of sodium carbonate. This treatment results in the separate recovery of pellets of upgraded iron ore, pure chrome oxide and hydrated alumina. The research described in the paper aims at determining the best experimental conditions for obtaining the highest extraction of the required oxide from this type of ore."

Jan 1, 1967

By Eric Barnard, Andreas Nashitati, John Tero, Guy Deschênes, Setta Mbalamba, John Rajala

The Otjikoto Mine, owned at 90% by B2Gold Corporation, is located 300 km north of Namibia’s capital city of Windhoek. The reserves from the open pit mine, estimated at 25.9 million tons with an average grade of 1.28 g/t Au, contain gangue minerals, pyrite and pyrrhotite, and have an estimated 10 year mine life. The feasibility study included an optimisation of gold leaching using CSTR for the original design. The results of the test work were used to establish the design criteria. Gravity tails from three composites (drill cores), representing the major ore types, were used. The XR3 sample (gravity tails) contained 0.32 g/t Au, while the XR2 and XR1 gravity tails samples (used for variability) contained, respectively, 0.30 g/t Au, and 0.47 g/t Au. The optimum leaching conditions were: a pre-treatment of 7 h at pH 10.5 with 100 g/t lead nitrate, DO > 5 ppm followed by cyanidation at 300 ppm NaCN, pH 10.0, DO > 5 ppm for 48 h. The gold extraction was 91.5% (97.2% overall extraction gravity/leach) and the cyanide addition was 0.57 kg/t NaCN. Increasing the DO to 16 ppm did not show any economic benefits. No pre-treatment or a 4-h pre-treatment reduced the gold leaching kinetics. The XR2 and XR1 gravity tails samples had gold extractions of 92.9% and 92.3%, respectively. At the plant scale, an 11 h pre-treatment is used followed by 42 h cyanidation with 250 ppm NaCN and an average DO of 8 ppm and 230 g/t lead nitrate in 2016. The cyanide addition was 0.49 kg/t NaCN. The commercial operation started on February 28th, 2015. The overall gold recovery and production were 98.4% and 145,696 ounces for 2015 and 98.1% and 166,286 ounces for 2016. It was found that retention times, gold content of leach residues and cyanide addition are comparable for the lab and the plant. Details of the Otjikoto process flowsheet are discussed in this paper along with the results of the lab leach optimisation test program and the plant leach circuit performance and improvements.

Jan 1, 2017

By John D. Galloway

Mining is one of the important primary industries of Canada, with a gross production in 1927 estimated at $241,773,000- the highest in the history of the country-and an impressive dividend record. It is quite apparent, therefore, that mining is a business worthy of the careful attention of the people of Canada. Furthermore, with a vast undeveloped territory more or less mineralized, it is highly probable that our mining industry will continue to expand indefinitely, with a consequent increase in production and in the amounts of the yearly profits distributed. In recent years, the public has taken a larger interest than formerly in mining-an interest, moreover, that is not academic, but primarily from the viewpoint of profits. It is quite evident that mining is a profitable business, at least to some, and the average man on the street, hearing of these profits, is attracted thereto. I have no doubt that many of you have .read in promotion prospectuses, with figures to prove it, that mining is the most conservative, the safest, and the highest-yielding business in the world. Now, a lot of this information is best judged by the old saying that "While figures don't lie, liars figure". At the same time, mining, properly conducted, is a profitable business, even though speculative, and undoubtedly much profit will come from Canadian mines in the future. In this paper my conclusions regarding mining investments are based largely on British Columbia experience, together with some slight knowledge of mining conditions in the other Provinces. It is considered, however, that the inferences drawn are applicable to mining throughout Canada.

Jan 1, 1928