Search Documents

By Martha Gellner, Lutz Wuschke, Hans-Georg Jackel, Urs A. Peuker

"Electric vehicles are an alternative to the existing combustion engine driven cars. According to the EU Battery Directive a substantial recycling rate of at least 50 wt.-% has to be met for aged batteries since 2006. Existing recycling techniques are based on energy intensive pyro- and hydrometallurgical process, which are not able to recover all components. Aluminum and lithium for instance are slagged. The EU-Project “ABattReLife” investigated possibilities for a mechanical processing in order to create a sustainable process and a closed material loop from grave to cradle. After a sufficient liberation of the Li-ion batteries, components like the doped carbon black fraction (mainly lamination of electrode foils), the separator foil and the housing material can comparatively easily be separated from the other components by screening and air sifting. The remaining mixture consists of anode and cathode foils which have a similar free-settling ratio and are more difficult to separate from each other. A second comminution and compaction step modifies the particle size and shape as well as the degree of delamination. These changes influence the density of the electrode foils in order to improve the separation efficiency. Yield and purity of the generated metal concentrates were parameters to show if the separation was successful. The specific energy consumption for the different methods of processing was estimated in order to benchmark the cost-benefit ratio for each one.The studies have been accomplished with a zig zag sifter (model TUBAF), a hammer mill (model HM 340 Jehmlich) and with a Petkus-Sifter. Finally a process flow sheet was developed for a Li-ion battery recycling plant in pilot scale."

Jan 1, 2016

By O. J. Restrepo-Baena, L. Rojas-Mendoza

Gold losses must be controlled during extracting processes, especially during cyanidation. Otherwise recovery decreases and therefore the profitability of projects too. One of the phenomena that generate such losses is known as preg-robbing which occurs when some mineral constituent adsorbs aurocyanide complex from a cyanide solution. There are some laboratory methods to identify potential preg-robbing in gold ores, highlighting the PRP method, the BGMI test, and cyanidation tests by conventional agitation without activated carbon (BRP) and with activated carbon (CIL). For this study we performed an initial characterization of a sample from Antioquia - Colombia and then we carried out the methods described above in order to identify the presence of carbonaceous matter. We obtained a percentage of preg-robbing of 78.7% by applying the BGMI test; the preg-robbing potential by the PRP method was 97.9% with an extraction of 0.77% and an inferred recovery of 36.6% if preg-robbing did not occur. Finally we obtained under the BRT test a recovery of 0%, while for CIL test an extraction of 33.6% what confirmed the presence of preg-robbers agents in the gold ore. We conducted all tests in the Institute of Minerals - CIMEX at Universidad Nacional de Colombia - Medellin.

Jan 1, 2014

By C. Liu

Corrosion behavior of the stir zone in a friction stir weld of dissimilar A12024/AZ31 alloys was investigated in the immersion test in distilled water (pH=6) for different times. Microstructures and the distribution of chemical elements were analyzed by scanning electron microscopy (SEM) and energy dispersive X-ray spectroscopy (EDS). Due to the difference in the corrosion potentials between A12024 and AZ31, the AZ31 alloy constituent in the stir zone was susceptible to the corrosion attack in the distilled water. The corrosion attack was found to occur in the narrow region of the AZ31 alloy adjoining the A12024 region, where there was a low ratio of anode-to-cathode surface area. The corrosion attack became more severe in the AZ31 alloy regions with increasing immersion time. The A12024 alloy region in the stir zone of the weld was protected by cathodic reactivity due to sacrificial anode AZ31 alloy.

Jan 1, 2007

By S. Makni, G. Gagnon, F. Couët, C. Rochefort

"Comminution represents a significant part of mineral processing plant operating costs. Yet, autogenous (AG) or semi-autogenous grinding mills (SAG) are difficult to control because of disturbances like feed size distribution and rock hardness. AMIRA, within project GeMIII, developed a comminution index from laboratory crusher data. The index correlated with the Bond ball mill work index and with the A×b parameter. The present work extends the use of crusher data as a grindability indicator to real-time industrial applications. The aim is to improve comminution operation using online hardness estimation. Because the operational work index is proportional to the ore work index, rock hardness variations can be estimated from the feed and product size distributions, the throughput, and the power draw of a crusher. Real-time estimation of rock hardness can help understand the dynamic behavior of AG and SAG mills. Multivariate time series were analyzed to understand the impact of hardness on a SAG operation. Results showed that the estimated hardness influences the SAG operation and its throughput. Moreover, non-linear dimension reduction was used to ease the process visualisation and search for potential control strategies. In the future, online hardness measurements should also impact the understanding of comminution circuits and improve their operation.INTRODUCTIONThe variability in hardness, and the feed size distribution, are two of the main disturbances affecting comminution circuits (Sbarbaro & del Vilar, 2010). Size distribution can be measured by imagebased granulometry systems such as WipFrag (Maerz, Palangio, & Franklin, 1996), or by 3D vision systems when the fines are difficult to discriminate by 2D segmentation (Faucher, Makni, Gagnon, Lavoie, & Roberge, 2015).There are few examples of online hardness measurements. One example was the work of Casali et al. (2001) who developed a hardness indicator. The ore grindability soft sensor used the fraction of each lithological class in the ore, as determined by image analysis, to predict the work index of the material. The model was developed using a moving window with a width of 12 months and trends were shown over many years with one data point per month."

Jan 1, 2016

By B. R. Rakishev

Balanced development of mining works at all the benches of a working zone by use of the excavator-automobile complex is achieved by transition to the technology of the bench excavating with cross panels by the two-sub-bench scheme with the changing levels of the working platforms (is patented in Kazakhstan). In deep quarries realization of this technology will allow to reduce the current volumes of the stripping ore excavation by 10?15 % and more, to increase the opened reserves of minerals by 20?50 % to decrease volume of mining-capital works for construction of stripping excavations by 2?4 times and to provide efficient use of powerful excavator-automobile complexes.

Aug 1, 2013

Centralia?Mine Operations ?Centralia Mine ?Mountainous Terrain ?High rainfall (greater than 50 inches/yr) ?Multiple Pit/Multiple Seam ?Truck/Shovel Prestripping ?Dragline Overburden ?Coal Wash Plants

May 1, 2001

By A. Gutiérrez

At present, most ore milling is done in tumbling mills, consisting of huge cylinders turning on their horizontal axis. This rotational motion causes the ore charge and the grinding balls to interact by impact, compression and abrasion, to reduce the size of the ore. This method is very inefficient since only around 12% of the energy supplied is used for actual grinding, the rest being used in moving the large mass of balls and ore within the mill. This work aimed at better understanding the milling process by evaluating the movement of the load through the Discrete Elements Method (DEM). First, the number of bodies (balls and ore) moving inside the mill is determined, to correlate to the potential impacts that constitute one of the milling mechanisms. Then, the number of high energy impacts is evaluated to correlate to the bodies in motion. At this stage, a differentiation between grinding media and the ore, as well as between the types of contact taking place in the mill, has to be made. This latter issue is of great relevance since from the five identified contact types (ball-ball, ball-liner, ore-ore, ball-ore and ore-liner) only the last three actually contribute to the milling process, the other two causing structural damage to the mill.

Jan 1, 2007

By Thomas Hauquin, Olivier Deck, Yann Gunzburger

"In this study, 2D numerical modeling of a room-and-pillar mine is conducted along with the calculation of all terms of the mechanical energy balance. Simulations of different geometrical and geomechanical configurations are performed in order to investigate the conditions that favor a high seismic energy release (instability) during the excavation (removal) of one single pillar. At first, classical stressstrain simulations enable us to estimate the elastic and quasi-static response of the mine. Then, owing to the implementation of new functions in the modeling code, the seismic energy released when the pillar is removed is calculated. The obtained values are found to be in agreement with those calculated analytically using a modified energy balance based on the works by Cook (1967) and Salamon (1984).It is shown that the mine’s proneness to release large amounts of seismic energy, after sudden removal of one single pillar, mainly depends on three parameters: the initial extraction ratio of the mine, the depth of the exploited seam and the Young’s modulus of the surrounding rock mass compared to that of the ore. Moreover, it is pointed out that the magnitude of the seismic energy can be greater than that of the stored elastic energy, meaning that the dynamic (seismic) transient stresses should not be neglected when compared to the quasi-static stresses, particularly when trying to prevent the risk of rockburst and collapse in underground mines."

Jan 1, 2015

By Jochen Petersen, Caroline Muzawazi

The technical feasibility of ammonia leaching of PGM bearing Platreef flotation concentrates was investigated as an alternative method for the recovery of base metals prior to precious metal recovery. The composition of the concentrates includes 2.02% Cu and 3.17% Ni, and the major base metal minerals are chalcopyrite and pentlandite. Optimal leaching conditions were initially established in shake flask experiments to be a solution containing 4 M NH4OH, 4 M (NH4)2CO3 and a pH range between 9 and 10. These were used as base case conditions in column and batch stirred tank reactor tests, where the effects of total ammonia concentration and operating temperature were explored further. At optimal conditions nearly 100% Cu and Ni extraction were obtained in the batch stirred tank reactor, and 95% Cu and 60% Ni extraction was obtained in columns. The activation energy for chalcopyrite and pentlandite was 36 kJ/mol and 16 kJ/mol, respectively, in both reactors, indicating different reaction pathways for the two minerals. Gas-liquid mass transfer appears to be the limiting reaction step in columns much more than in tanks, and the degree of ammonia loss to air is significant. This initial test work indicates the feasibility of using ammonia leaching for this and similar materials as an alternative route to conventional smelting and refining prior to PGM recovery, but a number of technical challenges still need to be overcome.

Jan 1, 2014

By K. M. Ed

AN explosive is a solid or liquid substance which, when fired by some means, changes into a gaseous product occupying a volume very much greater than its original volume. The great speed at which this change takes place causes the explosive to exert a sudden blow on adjacent material. It is this action which is effective in blasting operations when the explosive, confined in a shot-hole, is fired. All explosives are similar in one respect, in that the change into the gaseous state is accompanied by the production of hot gases or flame. This results from the rapid combustion of the solid or liquid ingredients. Ex-plosives differ greatly, however, in the speed at which the reaction takes place. Black blasting powder, for instance, reacts comparatively slowly, hence the flame persists for an appreciable length of time. High explosives, on the other hand, react much more quickly; consequently, the flame is of much shorter duration. In 'closed-light' or 'gaseous' coal mines, the use of ordinary explosives is generally prohibited, due to their inherent ability to ignite gas or coal-dust by reason of the flame which they produce when fired. For instance, black blasting powder, which produces a flame of long duration, is not ordinarily considered safe to use in such mines; neither are ordinary dynamites, as their flames, while shorter than that of black blasting powder are, nevertheless, of sufficient temperature and duration to cause ignition of fire-damp or coal-dust. For this reason, specially formulated high explosives, called 'permitted' explosives, should invariably be used in such mines.

Jan 1, 1940

By John Mair

The Ilimaussaq Intrusive Complex in south Greenland is a layered alkaline igneous body that is predominantly comprised of agpaitic nepheline syenites. The Complex is now recognized as containing vast resources of uranium in polymetallic ores that are also strongly enriched in rare earth elements (REEs) and zinc. Uranium and REEs are dominantly hosted in phosphate minerals with a minor proportion hosted in zirconium silicate minerals. Equivalent ores are yet to be mined for uranium anywhere in the world; however, studies are well advanced in confirming a process route to economically extract uranium. The Ilimaussaq Complex is considered the world?s type-locality for agpaitic rocks. Formation of the complex is attributed to four successive pulses of magma. The first produced an augite syenite, which now forms a marginal shell. This was followed by intrusion of a sheet of peralkaline granite. The third and fourth stages make up the bulk of the intrusion and are peralkaline to hyper-agpaitic in composition. The third batch of magma differentiated to produce pulaskite, foyaite and naujaite. Stage four produced the kakortokites and lujavrites, which are the units of particular economic significance. Kakortokites are strongly enriched in zirconium, niobium and tantalum, whereas the lujavrites are strongly enriched in uranium, rare earth elements, fluorine and zinc. Lujavrites are vertically zoned with arfvedonsite (black) lujavrites grading downward into aegerine (green) lujavrites. The upper most portions of the black lujavrites contain uranium concentrations of greater than 450 ppm, which decreases toward green lujavrites where uranium concentrations rarely exceeds 200 ppm. Resources defined to date in accordance with the Australian JORC code include 282 M lbs of uranium oxide at a grade of 280 ppm. With scope for several other similar sized resources within complex, the overall potential resource is of immense global significance. Metallurgical studies to date indicate that uranium can be successfully extracted from black lujavrites via an alkaline pressure leach method. This involves selectively leaching uranium with solutions containing carbonate and bicarbonate at elevated temperature and pressure. Uranium can then be recovered by hydrogen reduction to create a uranium oxide product. There is also scope to beneficiate ores as uranium and REE?s are hosted in specific mineral groups. Phosphate minerals can be effectively concentrated by froth floatation and uranium-bearing silicate minerals can be concentrated by gravitational methods. Studies indicate that REEs can be extracted from the residue following the alkaline leach process by a dilute hydrochloric acid wash, with REEs then precipitated in the form of a REE concentrate.

Aug 1, 2010

By Ron Davidson

"The Utility Mine in southeast Saskatchewan is owned by Saskatchewan Power Corporation and operated by Mana/ta Coal Ltd. Up to 3.3 million tonnes of lignite is supplied annually to Saskatchewan Power's Boundary Dam Generating Station. The coal occurs in two predominant seams which are covered by up to 37 metres of saturated fine-grained overburden. Overburden is removed by two draglines working in two pits. Coal is hauled to the mine mouth power station. Comprehensive drainage and reclamation programs are integral parts of the operation. IntroductionThe Utility Mine is owned by Saskatchewan Power Corporation and operated by Manalta Coal Ltd. It is located in southeastern Saskatchewan, approximately 200 km southeast of Regina and 8.5 km southwest of Estevan (Fig. 1). The climate of the Estevan area is semi-arid with long, cool winters and short, hot summers. The mean annual precipitation is 42 cm and the mean summer temperature is 20°C; mean winter temperature is -10°C. The Utility Mine supplies coal to the adjacent Boundary Dam Generating Station. Increases in the station's generating capacity during the past decade have resulted in an extensive expansion program for the Utility Mine. This expansion program, the geological conditions present in the area, and the mining/reclamation operations will be highlighted in the following sections<1.2). History The Estevan area has a long history of coal mining. In the early years, coal was mined via entries into coal seam outcrops along the slopes of the Souris River valley. Surface strip mining was introduced in the late 1920s and progressed to the point where it totally replaced underground mining by the 1950s. Surface mining methods are currently used exclusively by all of the Estevan area operators."

Jan 1, 1985

By R. A. Kipp

THE dry concentration of ores and minerals is a subject on which there is very little engineering literature available. With the advent of flotation, practically all milling research was turned to this development as it held the answer to large-scale economic operations. However, there are many concentration problems that can be more adequately and economically handled by the dry methods that have been developed, and, consequently, I believe it is very advisable for mining men to become fully 'conversant with just what can be done in the dry state. Therefore, today, I should like to give a brief summary of the processes that are available and, in a general way, how they can be a p-p lied. I shall confine my remarks mainly to two dry processes: THE Am FLOTA'l'ION TABLE AND THE ELECTROSTATIC SEPARATOR Dry Magnetic Separators should probably also be included, but I am

Jan 1, 1961

By M. R. MacIver, M. P. Pawlik

"An image analysis method based on chord length distributions is applied to the batch settling of polyacrylamide flocculated kaolin suspensions. Two features of the interaggregate void space, the void chord length distribution mean and the white-to-black distribution ratio are extracted from an image series obtained over the two hour settling experiments. This approach produces three signal values, from two different probability distributions that can be measured as an indication of underlying sediment bed density and aggregation state. Further work is required on the physical interpretation of the signal, the image acquisition conditions, and the parameter selection methods. It is suggested that this chord length based feature extraction technique may be a useful signal to monitor during batch settling or thickening.INTRODUCTIONFew in situ techniques are available that can be used to directly measure aggregate properties within sediment beds in thickeners or secondary settlers. Typical process variables monitored include rake torque and height, bed level and pressure, feed rate and density, underflow rate and density, settling rate, and overflow turbidity; yet these process variables are only weakly related to process dynamics (Concha et al. 2014). Additional process monitoring signals, based on the direct measurement of aggregate properties could improve solid-liquid separation control and allow the extraction of more detailed information from batch settling experiments.Several optical methods exist for measurement of moving suspensions of aggregated solids in the dilute concentration regime, such as focused beam reflectance measurement (Peng and Williams 1994), and the turbidity fluctuation method (Gregory 1985). In the more concentrated region of a thickener, acoustic backscatter penetration and attenuation measured with an acoustic probe and changes in the underlying solid concentration in the highly concentrated, near-bed region of a thickener as a function of height and time (Hunter et al. 2012). While machine vision for froth monitoring has been thoroughly studied with at least five commercialized technologies (Aldrich et al. 2010), its’ application to the study of thickening has been limited."

Jan 1, 2016

By W. G. McBride

The mining industry has already become highly technical in all its branches and this has brought about specialization in mining engineering. Increasing demand for mineral products, exhaustion of high-grade or easily worked deposits, and narrowing of the fields for exploration and development, are forcing mines to greater depth and to working material of lower grade and more complex composition. The Robinson Deep at its Turf shaft has reached a depth of 7,640 feet and expects to go to 8,500 feet; Miami Copper, under normal market conditions, profitably mines ore running only 16 pounds of copper to the ton; Alaska Juneau is making a profit on ore running about $1.15 per ton in gold; and many mines are handling ores of an extremely complex nature. In each case, the success of these operations has depended upon the application of sound scientific principles and good business methods to the problems involved. It may be safely assumed that mining at great depth and the exploitation of low-grade, or complex, ores will become more and more important as time goes on, and this means that greater and greater demands will be made upon the technical skill and business ability of the mining engineer. To meet this condition, the more or less haphazard methods of training the young engineer that have prevailed in the past will have to be replaced by a careful and well-ordered system of engineer-training. Upon the industry and the older mining engineer falls the duty of providing means to assist the deserving student to prepare himself properly to meet the increased demands that are falling upon his profession. Consideration of the training of the mining engineer involves a decision as to what constitutes his field of usefulness. Technical control of methods and processes obviously falls upon the engineer, but there are still many who doubt his usefulness in the executive field, particularly in positions involving close contact with the men and work. Many engineers have failed as shift-boss or foreman, but this has been generally due to fault in the management in using men who were temperamentally unfit to lead others or who lacked the necessary preliminary training.

Jan 1, 1932

By Tom Shumka

All mineral processing facilities that use girth gear driven mills need to inspect the gear teeth on a routine basis, whether it is every six months or every three years. The inspection frequency depends upon gear tooth condition, and the objective is to ensure operational integrity of the gear teeth. Conventional methods such as magnetic particle testing, visual inspection, or dye penetrant examinations rely heavily on interpretation. At best, these techniques can determine whether a defect exists, but are unable to provide information on defect severity. This paper describes the use of combined Eddy Current Array (ECA) and Alternating Current Field Measurement (ACFM) to provide a complete survey of all surface breaking indications on the whole gear tooth depth. This method accurately determines the size, length and depth of any cracks found on the surface.

Jan 1, 2012

By Marco Quirion

The Daniel-Johnson dam, formerly named Manicouagan-5 (Manic-5), is located 800 km northeast of Montreal (Quebec) in Canada. This is the largest multiple-arch concrete dam in the world consisting in 13 arches and 14 buttresses. Since its construction in 1969, various type of cracks have appeared on both downstream and upstream faces of almost all the arches of this concrete dam. As a part of the Daniel- Johnson’s dam safety assessment program, Hydro-Québec is currently performing structural analysis of the dam with advanced numerical models to better understand and predict the dam behaviour. Because the buttresses transmit all the arch loads to the rock mass, determination of the properties of the dam foundation should not be neglected in dam global safety analysis and also to insure that reliable input parameters are used in the dam numerical simulations. This paper summarizes the past and the more recent investigations of this foundation used to assess its safety and stability. Moreover, the use of rock mass classification to estimate the deformation modulus, based on empirical equations, gives values in the range of 30 to 40 GPa that are higher than expected values. Using those values in the numerical simulations for dam structural analysis gives an excellent correlation with displacements monitoring of the buttresses.

Jan 1, 2015

By J. E. Dutrizac, R. J. C. MacDonald, J. B. O'Reilly

"Sometime around 3000 B.C., primitive metallurgists working in the mountainous regions of Asia Minor bordering on the Black Sea (Pontus) produced a soft, easily fused metal today known as lead. It appears certain that the first metal was made by reductive smelting of galena, but whether this recovery arose by the accidental inclusion of galena in the stones of a fire hearth or whether it occurred as a consequence of simple pyrometallurgical experiments on a series of interesting ""stones"" will likely never be known with certainty. The properties of galena, high metallic lustre, great density and facile cleavage, must have excited the ancients, and such ""stones"" would have been the object of primitive testing111 - Shortly after the discovery of lead, the ancients found that the controlled oxidation of this metal at elevated temperatures yielded smaller amounts of a more interesting material, silver. Again, it is uncertain if the production of silver by primitive cupellation techniques was the result of a fireside accident or the consequence of a deliberate experiment, but the important fact is that silver was produced shortly after the discovery of lead. The techniques for making lead and silver spread gradually throughout the entire civilized world, likely as a result of both technology diffusion and independent rediscovery. The physical properties of lead could not have been overly attractive to the ancients, but silver was a different matter altogether. The gleaming white lustre and relative immunity to oxidation quickly assigned silver to the precious materials category, a status it still enjoys. In early times, argentiferous galena was inevitably processed only for its silver values; lead was generally an unwanted byproduct and was frequently discarded as litharge (PbO) during the cupellation process. The silver was eagerly sought, however, and resulted in considerable mining activity culminating in the famous Athenian silver mines at Laurium at the southern end of the Athenian peninsula."

Jan 1, 1999

By P. Reyes

The Codelco Chile El Teniente Division Caletones Smelter has an objective to smelt 1,250,000 tonnes per year of copper concentrate. This is a great challenge for the smelter facilities and particularly for the acid plants. The analysis ensuring that there are no obstacles to achieve the production capacity was of great importance. Therefore a series of activities were undertaken as well as studies dedicated to reach the target. This paper presents work focused on a fluid dynamic study, translated in an operation methodology of integrated handling of the smelting and converting gases with the objective to optimize the gas flow and S02 concentration. The optimization should be done employing the current installations, equipment and instrumentation and/or minor modifications. In the first part of the work the condition of the instrumentation involved in the gas handling was checked, improvements determined and the corresponding corrective actions were carried out. The proposed operation method consists of operation of the Cleaning Gas Plant 2 (TC&apos; s gases) and operation of Gas Cleaning Plant 1 (the remaining gas plus the gases from CPS). The implementation of the operation method involves the modification of the valve of the gas into the duct to plant 1 from On to Off to modulate flow. After modification a three days test was carried out. To evaluate the tests, a "Sulphur Capture" indicator was used. During the test the behaviour of the effluent treatment plants was closely examined. No problems or unusual operating conditions were observed. The reduced flow of gas to Gas Cleaning Plant No. 1 permitted the start up of the 2nd test day treating most of the gas received by Gas Cleaning Plant No. 2. The operation was carried out with the limitation not to increase the effluent pond level, which was maintained constant.

Jan 1, 2007

By Staff

Introduction The Hedley mine, perhaps better known as- the Nickel Plate mine, is one of the outstanding properties of southern British Columbia. Discovered in 1898 by Woollison and Arundell, prospectors, the property was bonded in 1899 to M. K. Rodgers for the Marcus Daly Estate, of Butte, and development was started the same year. From the high grade of the ore outcrop, and its colour, due to oxidation of the arsenopyrite, it was not difficult to open up and trace the showing. The Nickel Plate ore-shoot, which apparently had been easy to follow on surface, was more difficult to trace underground. In 1903, prospecting on an adjoining property, the Sunnyside, showed commercial ore at surface, but it was only after two years&apos; work that the ore-body was defined and shipments started. From this property, $1,200,000 have been taken out. Prospecting was also carried on on the IXL, Climax, Copper Cliff, Mound, Bulldog, Exchange, Silver Plate, Gold Plate, and other properties, all of which had surface showings, but up to date only the Nickel Plate, Iron Duke, Morning, and Sunnyside have produced commercial ore. In 1904, the Bulldog looked like a very promising mine, but it failed to make good. In 1905, the Sunnyside No. 1 was in the limelight, but it also failed to make the grade. In 1906, an outcrop on the Sunnyside No. 3 looked interesting. Subsequent work. on this claim produced $840,000, and at the same time ore which yielded $400,000 was mined from the Sunnyside No. 4. In 1908, the Nickel Plate ore-body entered a lean zone and, as the diamond drill failed to give satisfactory results, the Daly Estate, after making a profit of $1,151,000, sold the property to the Hedley Gold Mining Company, Limited, for $760,000, retaining, however, a large interest.

Jan 1, 1929