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By K. A. Hildebrant, J. R. Norgate

"Synthetic lubricants have for many years documented extended service life and provided superior performance in temperature extremes. Increasing interest in synthetics' ability to reduce energy costs has resulted in laboratory and industry application evaluations. These tests have documented savings in functions such as worm gear drives, spur gears and in compressors. Energy savings data are presented as well as payback calculations as low as thirty days.The National Research Council of Canada has estimated that the Canadian economy loses over five billion dollars per year in friction and wear. Figures quoted were for 1986 during which it was estimated that nine hundred and forty million dollars were lost in the mining industry alone"" It has been further estimated that about 115 million dollars can be immediately recovered through improved tribology practices (Table I).The purpose of this paper is to present results and savings opportunities through the use of synthetic lubricants in various but common applications. Many other areas exist with the opportunity for energy savings such as in the use of more efficient drive equipment, reduced contact seals, spray mist lubrication systems and reduced friction coatings on rotating equipment such as pump impellers"

Jan 1, 1994

By J. Ramirez-Castro, J. A. Finch

"Galena is the finest component of the product of a closed-circuit grind treating a lead-zinc ore, largely due to preferential recycling of this high-density mineral by the cyclone. For example, at the Pine Point Mines concentrator, for ~ 55% -200 mesh over-all, the galena will be close to 95% -200 mesh. This sliming of the lead can limit recovery, selectivity and dewatering. A proposed circuit modification to reduce the sliming is to incorporate a unit cell. A simulator was constructed to study the No. 3 grinding circuit at Pine Point modified by a unit cell on ball mill discharge (BMD).The simulator used a cumulative size basis rate-of-breakage with plug flow ball mill model, the parameters being obtained by laboratory grinding tests. Flotation and the cyclone models used a cumulative recovery/size matrix. The behaviour of each mineral, galena, sphalerite, pyrite and calcite/dolomite, was simulated. Simulation was adapted to a programmable calculator. A close fit to the existing circuit performance at two tonnages and mineral mixes was established.The simulator showed that the modified circuit could significantly coarsen the Pb grind, from 95% to —50% -200 mesh, depending on recovery, without substantially altering the size of the other minerals. The other principal findings were: compared to laboratory flotation tests on existing circuit BMD, the unit cell concentrate (CONC) will be coarser and markedly lower in grade; relatively low unit cell stage recoveries are desirable, because the cyclone scavenges the tail to give a circuit recovery which is higher than the unit cell stage recovery; unit cell stage recovery should not exceed the cyclone stage recovery, as the latter is the maximum circuit recovery; low unit cell stage recovery helps offset the disadvantage of the high flow at BMD; other high-density minerals will also be scavenged into the CONC, as illustrated by pyrite, making CONC quality difficult to maintain; density control of BMD flotation does not greatly alter feed density to the cyclone or ball mill.Possible plant metallurgy is forecast for a CONC diverted to final lead concentrate."

Jan 1, 1980

By M. Hekmati, M. R. Garmsiri, S. M. Hosseini

"SAG/AG mills have been most common choice in grinding circuits last decades. In the most cases, at the discharge of SAG/AG mills, a trommel screen is used that is equipped with baffles to provide appropriate residence time and improve separation efficiency. Using baffles, with the resultant maintenance requirements could lead to decrease in mill availability. In this research, an innovation in the structure of baffles of a trommel is presented. The results show that using new baffles led to 67% decrease in SAG mill downtime due to problems of baffles and 80% decrease in fine particles on recycle conveyor.INTRODUCTIONComminution is a vital operation in mineral processing circuits and it helps to achieve a certain level of fineness in the ore material. About 60-80 % of the overall energy used in mining is consumed in comminution, and this is the reason that much research has been performed in this field (Kochnev, 2008).During the last decades the configuration of grinding circuits has been changing due in large part to the decrease in the grade of mineral resources and the need for large scale, energy efficient processes. The previous configuration of conventional grinding circuits was based on parallel primary circuits (mostly using ball mill), such as the grinding circuit of Sarcheshmeh concentrator plant no.1 (Figure 1). The new configuration of grinding circuits is based on using SAG/AG mills, such as Shahrebabak concentrator plant (Figure 2), sometimes incorporating new technologies like the HPGR. Nowadays, application of new configuration of grinding circuits using large SAG/AG mills up to 40 feet (Allan, Major, Flintoff, Klein, & Mular, 2006), in the minerals industry is continuing increase due to the significant reduction in capital and operating costs, and increase in the plants throughput (Banisi & Hadizadeh, 2007)."

Jan 1, 2012

Agenda ?Introduction ?Geology ?Mining ?Metallurgy ?Process, Layout ?Environmental Background ?Kinross Gold Corporation owns the Lobo-Marte gold property, located in Region III of northern Chile. ?The property is close to two other Kinross mines, Maricunga 50kmto the south and La Coipa 60km to the north, plus a regional office in Copiapo and district level operating synergies are expected. ?Lobo and Marte were discovered in the early 1980s and are intrusion-hosted, porphyry-type precious metal deposits, typical of the Maricunga District. ?The Marte open pit heap leach mine was in commercial production in late 1988, but was suspended in February 1992 as it did not meet forecasted production levels and recoveries. ?Kinross plans to recover ore from the Lobo and Marte deposits through an open-pit, heap leach47,000tonne per day operation.

May 1, 2010

By Tom Shumka

Introduction ?This technique detects 100% of all gear tooth surface indications, providing comprehensive data, and has the ability to size indications accurately. ?The remarkable advantages of ECA technology, is improved inspection capabilities and significant time-savings. ?The advantage of using EMCD is its ability to size indications accurately. ?This technique does not require the gear teeth to be wiped down by hand after cleaning as in MT, LT or UT inspections. (Figure 1) ?This technique will inspect one gear tooth in 30 seconds. ?All of the data can be archived for future comparisons in an electronic report. Methodology ?This technique utilizes Eddy Current Array (ECA) as the principle inspection technique. ?What has been added are specialty scanner probes with multiple coils, a multiplexer and a software package. ?With 2 and 3D dimensional isometric displays, the defect can be seen electronically as it is on the gear tooth surface, thus, reducing the reliance on human interpretation.

May 1, 2011

By Therese Schneck

The presence of xenon isotopes from in-situ spontaneous fission of short-lived Pu244 has been confirmed in Hadean detrital zircons from Western Australia. Hadean and meteoritic zircons can retain secondary overgrowths developed after primary cristalization at 3.97-3.94 Gyr. On the moon, the metal grain in sample 66095,78 is mantled by troilite, schreibersite and cohenite. High chlorine content FeCl2 is deposited around metallic FeNi. The magnitude of Pollonium-210 to Radon-222 on the Aristarchus plateau spectrum indicates a past greater activity. The Earth Moon system from Nb/Ta systematics is consistent with a Moon iron core delayed to 3,9 Gyr.

Aug 1, 2010

By L. A. Homeniuk, R. J. McH. Clark

"The Maurice Bay deposit, the Stewart Island showing, the Fond-du-Lac deposit, the Middle Lake showing and the Nisto deposit are located on the North Rim of the Athabasca Basin. They are probably unconformity-related. These occurrences tend to be small. The Fond-du-Lac and Maurice Bay deposits are the largest and contain 450,000 kg and 650,000 kg of U10 8 respectively.Pitchblende is the main uranium mineral of all the occurrences, except at Middle Lake where autunite predominates. A II of the deposits are overlain and partially hosted by the Manitou Falls Formation of the Athabasca Group, except the Nisto deposit which is entirely within basement rocks, and the Maurice Bay deposit which is partially within the basement and overlying the Fair Point Formation of the Athabasca Group.The North Rim deposits are considered to be genetically similar to the other unconformity-type deposits found in northern Saskatchewan. It is suggested that a mechanical concentration of uranium may have occurred in heavy mineral beach sand type placers. The stability of the uranium minerals may have been enhanced by special local conditions. The fossil placers, after hydrothermal alteration and enrichment, would form the apparently ""rootless"" occurrences of uranium found totally within the sandstones above the unconformity.IntroductionAt least five deposits and showings and one train of mineralized glacial erratics of unknown provenance have been located on the North Rim of the Athabasca Basin from Maurice Bay in the west to Black Lake in the east. Distributed over a distance of 250 km, (Fig. l), they occur near the edge of the Basin, and are probably unconformity-related. The following have been identified from west to east (Fig. 2): The Maurice Bay deposit, the Stewart Island showing, the Isle Brochet train, the Fond-du-Lac deposit, the Middle Lake showing, and the Nisto deposit."

Jan 1, 1986

By D. A. Trotter

"This paper traces the main advances in mine lighting from neolithic times to the 1960s. The earliest lights consisted of reeds or strips of wood soaked in grease. As man's knowledge increased, the oil lamp, the candle, kerosene, acetylene and finally electricity have allowed him to see where no natural light could penetrate. These advances in technology, however, did not come easily. Many false starts were made and great dedication was required by a few lighting pioneers to overcome the many technical difficulties that were encountered. The lighting of coal mines in particular caused unique problems, as there was the ever-present threat of methane explosions. Advances in mine lighting will continue, but these advances are only possible because men like Davy, Wolf, Marsuat and Edison paved the way.IntroductionMan's first efforts at mining consisted of merely picking rock off the surface of the earth. The sun was his only source of light. The early mines of the Neolithic age were simply vertical pits, 5 to 8 m deep. In order to follow an orebody, miners began to dig horizontally from the bottom of these pits, and as work progressed the need for additional light became apparent. With the discovery of the light-giving properties of fire, man was no longer dependent on natural light. Figure 1 gives an impression of the earliest artificial mine lighting used.Early Evidence of Mine LightingCarbonized residue from wood chips which had been inserted into rock cracks can be found in early Neolithic workings. The mines at Krzemionki Opatowski in Poland contain very narrow low tunnels that were lit in this fashion and were worked from 2300 to 1800 B. C. The wood had to burn downward to provide light and because wood burns poorly in this position, the chips were probably soaked in animal fat to make them burn more easily."

Jan 1, 1982

By S. Perez

Core drilling is a fundamental process in the mineral exploration industry. As deep exploration in hard rocks is accelerated due to the depletion of near ground mineral resources, deep-drilling operations need to reduce their reliance in operators experience and begin to implement new technologies in order to increase efficiency and cost-effectiveness of the overall process. Currently, lack of real-time information on the bit/rock interaction is a major problem. Therefore the mechanism behind the acoustic emission, which is a proven technique for remote monitoring, generation in mechanical rock cutting must be understood in order to provide real time information about the rock. This paper aims to identify the influence of mineral composition of granitic rocks on the acoustic emission (AE) during rock abrasivity test with a single contact tool and to evaluate the feasibility of AE as a means to infer Cerchar Abrasivity Index (CAI). Single contact tool will provide precise and accurate description of the source of AE. To provide constant grooving speed Cerchar apparatus was modified to monitor AE during rock/tool interaction. Tests on the modified Cerchar apparatus are carried out under the static load of 70N and cutting speed of 1 mm/s. A Scanning Electron Microscope (SEM) is utilized to visualize the groove in the rock and to identify the mineral composition through Back-Scattered Electrons (BSE) reflected from the rock sample. Based on the microscope images, it was found that biotite shows a larger groove area and plate-like fractures accompanied with burst-type AE signal, whereas plagioclase and quartz, which are characterized by similar hardness and BSE brightness, possess shattered-like fractures and more continuous-type AE signals. In addition, a-value of the Gutenberg-Richter scale has been found to well correlate with Cerchar Abrasivity Index (CAI).

Jan 1, 2015

By Claude Bazin, François Robichaud

The control of the operation of a semi autogenous grinding mill is mainly based on power and bearing pressure measurements. Image based sensors can provide on-line measurements of the size distribution of the ore feeding a SAG mill allowing the control of this variable that impacts the operation of this equipment. This paper investigates the potential of using the information from such type of sensor to maintain a SAG mill feed target size distribution by manipulating the speed of the ore extractors below an ore stockpile. A PID and adaptive predictive controller for the size distribution are studied using a simulator for a stockpile and the equipments used for ore withdrawing from the pile. The proposed controller is found to give a good performance while remaining easy to tune.

Jan 1, 2014

By Thomas H. Heine

"The Rabbit Lake uranium deposit is located at 58° 11’00”N.. 103°42'36""W., close to the west side of Wollaston Lake, and approximately 800 km north of Saskatoon. The orebody is hosted by Aphebian Wollaston Group rocks, initially deposited as a series of shallow-water marine sediments consisting, in part, of carbonates and possible saliferous petites. Metamorphism during the Hudsonian Orogeny, peaking at about 1850 Ma, recrystallized the sediments to upper amphibolite grade paragneisses. This was accompanied by partial anatexis. The waning stages of Hudsonian orogenesis appear to be marked by minor granitic intrusive activity.The post-Hudsonian period was marked by a long interval of physical and chemical erosion, resulting in the unroofing of the Wollaston metamorphic complex. The entire region underwent extensive lateritic weathering under tropical to subtropical conditions. Carbonates were especially vulnerable and, in the Rabbit Lake area, suffered extensive solutioning with accompanying formation of collapse breccias. Old zones of weakness also underwent periodic reactivation.It was during this period that uranium was leached from the surrounding meta-sediments by oxidizing meteoric waters, and transported into the karsted and fractured rocks of the Rabbit Lake doline.Athabasca Group sediments eventually covered the deposit, their diagenesis taking place at about 200 °C and 900 bars. This allowed the partial to complete recrystallization of the initial mineralization, resulting in a minimum age of 1281 ± 11 Major ""first""-generation pitchblende. Periodic fault/fracture reactivation modified the hydrologic regime within the deposit, resulting in episodic mobilization and recrystallization of pitchblende and other uraniferous species. This is clearly shown in the open pit at the present time: uranium is being mobilized and recrystallized on damp pit walls as bayleyite and liebigite due to the modification of the hydrologic system by mining activities.The uranium mineralization occurs mainly as fracture fillings, coatings, and impregnations within breccia zones and intensely altered metasediments. Lesser mineralization is intimately associated with phyllosilicates which form the matrix of a carbonate-col/apse mega-breccia. The primary ore mineral is pitchblende, consisting of five generations, and from which a large suite of secondary uraniferous minerals have formed. On a gross scale the metal content of this deposit appears to be simple, consisting almost exclusively of U, but minor Ni, As, Cu, Se, Fe and Co are also present. The eastern limit of the mineralization is defined by a vertically-dipping microgranite dyke - breccia complex, containing high-grade uranium values. The orebody is truncated to the west and at depth by the Rabbit Lake reverse fault. Minor mineralization occurs as fracture fillings in unaltered plagioclasite in the footwall of the ore body. Precipitation of uranium from solution could have taken place by a number of processes. A mobile reductant (methane, carbon dioxide, etc.) may have been generated from graphite present in some of the host rocks of the orebody. Sulphides are also a common accessory and may have aided in the formation of a reducing environment. Phyllosilicates may have acted as adsorbants for uranium, allowing for its fixation. This metal has also been incorporated into the phyllosilicates themselves."

Jan 1, 1986

By C. K. Wilton

"The Agnew Lake uranium deposits were discovered in 1953 following the discovery of the Elliot Lake deposits to the west. The original property was optioned to Kerr Addison Mines Limited who added additional claims by staking. Agnew Lake Mines Limited was incorporated in 1967 to develop the property and a shaft was sunk to 1040 metres and five levels developed before work was suspended due to low uranium prices at the end of1970.In 1974-75 the mine was dewatered and production started in 1977. By 1978 reserves were estimated at 10,000,000 tonnes averaging 0.35 kg. U10 , per tonne. Underground operations were terminated in 1980 although a uranium leaching operation was continued until early 1983.The deposits lie near the contact of Huronian metasediments with underlying Algoman granite. The sediments consist of arkose, conglomerate, argillite and quartzite with the uranium mineralogy mainly confined to oligomictic quartz pebble conglomerate. The higher uranium values are related to conglomerate with highest percentage of pebbles. The chief uranium minerals are uranothorite and monazite. It is of interest that the uranium thorium ratio differs appreciably from that of the Elliot Lake deposits. This fact along with the fact that the Elliot Lake sediments were deposited by paleocurrents from the northwest whereas the Agnew Lake sediments were deposited by paleocurrents from the northeast indicates widely separate sources for the deposits. It is suggested that the Agnew Lake uranium deposits are syngenetic placers deposited under anoxygenic atmospheric conditions."

Jan 1, 1986

By R. Prioul, J. Kear, D. Chuprakov, A. P. Bunger

"Hydraulic fracture (HF) growth through naturally fractured rocks challenges the development of accurate predictive HF models. The authors present laboratory experiments differentiating behaviours associated with orthogonal and oblique intersections between HFs and natural fractures (NFs). HFs were created in sandstone and crystalline (gabbro) rock specimens, impinging orthogonally or obliquely on an unbonded machined frictional interface. Ultrasound monitoring was used to observe the rate of propagation through the interface. A contrast was observed between direct and offset crossing for orthogonal and oblique intersection, respectively. The stresses required to promote crossing depended on the intersection angle between HFs and NFs.RÉSUMÉ La propagation des fractures hydrauliques (FH) dans les roches naturellement fracturées pose un défi pour le développement de modèles prédictifs. Nous présentons des essais en laboratoire qui différencient les comportements associés aux intersections orthogonales et obliques entre les FH et les fractures naturelles. Des FH ont été créées dans des spécimens de grès et de roches cristallines (gabbro), heurtés de manière orthogonale ou oblique sur une interface machinée, non liée, de frottement. Un suivi par ultrasons a servi à observer le taux de propagation à travers l’interface. Un contraste a été observé entre un croisement direct et un croisement indirect des intersections respectivement orthogonales et obliques. Les contraintes requises pour promouvoir le croisement variaient selon l’angle d’intersection entre les FH et les fractures naturelles."

Jan 1, 2016

By G. D. Just

"Extensive mechanization of underground mining operations, improvements in blasting technology and the development of simulation models for systems evaluation has now made it feasible to optimize rock fragmentation and materials handling operations. Methods of achieving these objectives are described in this paper, with particular emphasis on the need to obtain precise field data measurements. Techniques are illustrated with reference to the sub-level open stoping system of mine production. IntroductionThe primary objective to be achieved in any mining system is to deliver a specified grade of ore to the mineral processing plant at a planned delivery rate and at the minimum total mining cost. Design and management of such a system is complicated by the large number of unit operations and the often unknown inter- relationships between the different unit processes. This particularly applies in underground mines, where planning restrictions and unit costs are much greater than in comparable tonnage sur face mining operations. These difficulties can often be resolved by the application of judgment based on extensive experience, but the costly trial -and-error methods required for new technology discourage innovation.Most modern medium- and large-scale mines are now extensively mechanized. Consequently, the performance of each unit operation by individual items of equipment should be predictable for a given set of conditions. An essential prerequisite is that quantitative performance data are available from field measurements. Such information can then be used to optimize the design and management of the complete mining system to achieve the minimum tot al mining cost. One of the most significant factors influencing all unit costs is the degree of rock fragmentation. The importance of this variable is indicated by the fact that opt imization of rock fragmentation implies minimization of tot al mining system costs."

Jan 1, 1980

By Denghong Wang

Abstract- The Ashele Cu-Zn deposit is a recently discovered volcanogenic massive sulfide deposit in Xinjiang, China, hosted by Lower to Middle Devonian submarine bimodal volcanic rocks. The primary ores of this polygenetic deposit are represented by massive syn-depositional pyrite, chalcopyrite, and sphalerite, and were formed by submarine exhalation. Hydrothermal alteration consists of strong sericitization, chloritization, silicification, and carbonatization of the metavolcanic rocks beneath the massive orebodies. Depletion of Na2O is an obvious chemical change in the hydrothermal halo. Geological and geochemical evidence suggest that the Ashele Cu-Zn massive sulfide deposit was formed by submarine exhalation related to bimodal volcanic rocks, trapped in a rifting basin, then deformed by shearing, and thermally metamorphosed by the intrusion of dacitic porphyry. Sulfur and lead isotopic studies indicate that metals such as copper and zinc may have originated from spilites, but that volatile components, especially sulfur, were derived directly from submarine volcanic magmas.

Jan 1, 1999

By Jan Butra

In copper ore mines located in the Pre-Sudeten Monocline the deposit mining using room and pillar systems has been carried out for more than forty years. When implementing mining systems in deep copper ore mines it appeared to be necessary to adapt them to variable geological conditions and natural hazards. In the initial period of exploitation there were mainly caving and rockburst hazards. The adaptation of room and pillar system was connected with a state of knowledge in the scope of identifying, forecasting and controlling rock mass hazards. The new solutions allowed the safe and efficient exploitation of a blanket deposit of variable thickness from about 2 to 15m, seated on progressively increasing depth. They included exploitation in constrained conditions, such as in protective pillars. In the exploitation period, technical and organisational activities aimed at rockburst hazard control were introduced including active methods for controlling rockburst hazard and procedures for conducting mining works in the rockburst hazard conditions. When mining at a depth exceeding 1,200 m, the exploitation method and technique are additionally affected by thermal hazard and by gas and rock breakout hazard. New solutions of the room and pillar system and a longwall system with mechanical mining have been developed for exploitation in the associated hazard conditions. The require application of many innovative solutions in the scope of mining process and ore haulage mechanisation, excavation support and forecasting and control of existing hazards. The main purpose of these solutions is to conduct the safe and economically effective exploitation of the deposit.

Aug 1, 2013

By Franz Simon

Conventional fine gold electrolytes for barrel applications working electrolytically actually permit significant precious metal savings by corresponding optimizations but the most gold is still deposited on areas of the components where it is not absolutely essential for the desired bonding and soldering applications, i.e. in high current density areas. Therefore an electrolyte working electrolessly has been developed which inevitably leads to a much more uniform thickness distribution since in an electroless process there are no areas favoured by metal deposition and current distribution. The new electrolyte will be presented and its performance will be compared with conventional electrolytes as regards thickness distribution. The potential gold savings will be discussed.

Oct 1, 2003

By D. M. Slavich

"In today's operating and investment climate, project evaluation is both more important and more difficult. It is more important because economic and financial analyses of a proposed project provide a basis for judgment of a project's commercial viability by equity participants, lenders and, in some cases, other participants such as off takers and governments. It is more difficult because these analyses must, of necessity, be based on estimates, projections and evaluations which must be made in a period remarkable for its economic and political uncertainty.Project evaluation starts with the analysis of the engineering, commercial and financial information available. Beginning with the preliminary design and capital cost estimates, alternative financing plans can be developed outlining possible sources of funds, terms and security arrangements. Pro-forma financial statements can also be developed, including sources and uses of funds, cash flow schedules, income statements and balance sheets. With these results, various profitability measures can be determined.Subsequently, in an effort to deal with uncertainty, these results can be tested by measuring the impact on project viability and profitability of changes in project and external variables such as product process, mining and processing rates, operating and financing costs, currency exchange rates and other factors.The results are a number of financial projections reflecting different assumptions for key project parameters. The projections can be used to structure the project to achieve the maximum financial performance. Projects, the financial viability and profitability of which can be demonstrated under varying market conditions, will be the most competitive in capital markets."

Jan 1, 1982

By M. C. Ethier, A. L. Laramie

"The Granisle and Bell Copper mines were officially put into production in 1966 and 1972, respectively. The Granisle Mine was purchased in late 1979by Noranda and the two operations were amalgamated as one division. Both mines were closed in 1982after sustaining heavy financial losses during a period of low copper prices beginning in 1981.This paper describes the resumption of operations at the Bell Mine in 1985 after its shutdown period of three years and the dramatic and sustained improvements in productivity and efficiency realized as a result of a commitment by employees and management to the application of Participative Management and Employee Involvement principles. After a general description of the effects of such a philosophy on the operation as a whole, and a comparison to the operation's last full year as a producer, it deals with the practice of this philosophy in the maintenance department at the Bell Mine and the superb results realized.IntroductionThe Bell Copper deposit was discovered in 1963 and came onstream as a 10000 ton s per day open pit mine in the fall of 1972. Identified reserves at that time were 46 million tons of ore containing 0.50% copper. The mine shared facilities of the townsite of Granisle with the nearby Zapata-Granby mine which had established the community six years earlier.Because of easy grinding ore and improvements to milling circuits, Bell's throughput rate was increased to 17 000 tons per day by the late 1970s. In the open pit, improvements resulted in mining of additional reserves with higher stripping ratios. At startup, a half ton o f waste was mined for every ton of ore processed.By the end of 1982, with 48.2 million tons already mined, the Bell Mine had identified additional mineable reserves of 39.4 million tons containing 0.52% Cu.In November 1979 the Granisle Mine was purchased from Zapata-Granby. The two mines, with a total of 700 employees, were operated under common management as the Babine Division until 1982 when low copper price s forced the closure of both for an indefinite period.The outlook for copper prices remained bleak and only 50 people were retained on the payroll to maintain the two plants, most of them working on a part-time schedule.The population of the Village of Granisle dwindled from over 1500 inhabitants to under 500, as people moved away to seek other employment.Prior to the shutdown, the Bell Mine employed 370 people and pit extraction averaged nearly 50000 tons per day of which 16000 tons was mill feed, and the remainder waste. Total cost to produce a pound of copper was C$1.36 in 1982."

Jan 1, 1990

By David Davidson

Overview- Points To Be Addressed ? Review the building blocks of a successful and vibrant industrial economy ? China?s current position in the global economy ? China?s voracious appetite for raw materials ? Distortion in import/export trends ? Areas of strategic importance for China - Steel and its components - Agriculture self sufficiency - Energy now and for the future ? Do current valuation techniques fairly value ?strategic? assets? China ? The Economical Miracle - Massive shift in population from rural to urban - ?Middle class? growing rapidly, hence strong consumer growth - China is the manufacturing center for the world ? cheap labour and - modern facilities - Infrastructure build out ?US$585b stimulus package and 5 year plan - Rail ? 30,000 kms of new track planned by 2020 - Power ? 50% capacity increase, including 35 nuclear reactors - 100 major new airports - State of the art process and manufacturing facilities - Port capacity ? 100m TEU capacity increase by 2020 Class 1 national highway ? 35,000 km?s by 2020

May 1, 2010