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By John O. Marsden

Technology development and innovation has played a crucial role in the copper industry throughout history. The effective development and implementation of new technologies allows mankind to produce copper at progressively lower cost of production at a given feed grade and mineral type. This progress serves to counteract cost escalation over time and, depending on the magnitude of the cost benefit, allows ore cut off grades to be reduced thereby improving the availability, accessibility and utilization of mineral resources. The development of step change technologies that can offer >$0.15/lb total cost benefits provides a significant opportunity for producers to achieve competitive advantage, but it has been argued that rapid dissemination of technology makes such competitive advantage unsustainable over time. This paper presents the results of a recent study that evaluates a number of historical and emerging step change technology case studies in the copper industry and quantifies the associated cost benefits for users, the impact on the production cost curve, and the duration of such cost benefits for various categories of implementers: first mover, fast follower, conservative followers and laggards. The results provide a compelling case for major, mid-tier and emerging copper producers to invest in technology development initiatives if they wish to achieve and sustain competitive advantage over the long term. INTRODUCTION AND BACKGROUND A key issue for mining companies is how much time, effort and cost to spend on research and technology development (R&TD). The economic drivers for technology development and implementation are poorly understood in our industry and the business case is clouded by some notable and well-publicized failures (McNulty, 1998). Mining companies are in business to deliver financial returns to investors. This means delivering short term results on a quarter-by-quarter reporting basis as well as sustaining and growing the company to retain and reward a sustainable longer term investor base. The cyclical nature of the commodity metal markets makes it challenging to maintain investment in research and step change technology development: Mining companies must manage through the highs and the lows of price cycles, typically ranging from 5-15 years in length. The discounted cash flow approach to investment evaluation results in weak financial justification for R&TD expenditures. A clear and compelling rationale to support longer term investment in research and step change technology implementation is required.

Jan 1, 2019

By N. Plint, D. Philips, J. Sweet, B. Durant

A pilot scale AG milling campaign was conducted at the AngloAmerican Platinum pilot plant in South Africa. Different blends of hard: soft (silicate: chromite) and coarse: fine particles in the AG mill fresh feed were tested. The effects of multi-component feed on the pilot scale autogenous grinding are presented in this paper, and can be used as a guideline for multi-component feed blends for AG mil

Jan 1, 2012

By L. Bichler, A. Siebert-Timmer

In this research, novel YSZ ceramics doped with 5 mol% Nd2O3 were manufactured via Spark Plasma Sintering (SPS) process. The sintered Nd2O3-YSZ ceramics were subjected to a static supercritical water environment at a temperature and pressure of 400 °C and 31 MPa, respectively. The weight loss and microstructure development of the sintered ceramic before and after exposure to supercritical water was studied. The results suggested that Nd2O3 addition significantly improved the degradation resistance of the YSZ ceramics. This was attributed to the improved phase stability of the 5 mol% Nd2O3-YSZ ceramics, since X-ray Diffraction (XRD) studies showed that the cubic stabilized matrix in these ceramics was retained after exposure to supercritical water. In comparison, pure YSZ ceramics exhibited a rapid degradation behavior as well as a phase change.

Jan 1, 2014

By M. P. Rennick, D. M. Burton

Abstract -The Murray Brook massive sulfide deposit, which was the first geochemical discovery in the Bathurst camp, is one of the largest sulfide deposits in the area. The massive sulfides are hosted by quartzose metasedimentary rocks in the lower part of the Ordovician Tetagouche Group. This thick succession of sedimentary rocks is overlain conformably by felsic volcanic rocks, and is structurally overlain by mafic volcanic rocks. The massive-sulfide body is polydeformed, but primary metal zoning is still discernable and may permit future exploitation of discrete lead-zinc and copper zones. Although it was discovered in 1956, the deposit was not developed unti11989, when Murray Brook Resources commenced processing of gossan containing precious metals. Recovery of gold, silver, and mercury is accomplished by indoor vat leaching on a year-round basis.

Jan 1, 1992

By Andrew Bamber

Outline ?Background to Mine-Mill Research at UBC ?Mine Mill Integration ?In situ mining methods ?Underground Pre-concentration ?System Design and Supporting Technologies ?Case Studies: ?INCO -McCreedyEast Mine ?Placer Dome ?Porcupine JV ISL Study ?Musselwhite, South Deep ?Falconbridge ?Fraser Copper ?Thayer Lindsley ?Wayside Gold, other scoping studies? ?System Designs ?Summary ?Future work ?Conclusion

May 1, 2006

By Forrest A. Kerr

Introduction During recent years the work of the Geological Survey in northwestern British Columbia has been in the nature of reconnaissance and exploratory mapping, largely for the purpose of gaining knowledge of the potential mineral-producing zones known to occur along the eastern side of the Coast range, and also to gather such data as might facilitate their exploitation. Commencing with fairly detailed mapping in the more accessible parts, the work has been continued and expanded until now an understanding has been gained of the more general features of a continuous section along the range for a distance of about two hundred miles. Geographically, northern British Columbia is more or less isolated. It is cut off from the central part of the Province by a rugged and mountainous country which, except for the telegraph line and a rarely travelled trail along it, is not penetrated by any developed routes or lines of communication. To the west, it is cut off from the Pacific by the Coast range, an extremely rugged area sixty to eighty miles in width which, except along the few navigable rivers cutting across it, cannot be readily traversed. Politically, it is further isolated in this direction by the narrow strip of south-eastern Alaska which borders the coast and extends inland to the axis of the range.

Jan 1, 1931

By A. F. Laurin, A. L. Dorr

"Because of its wide areal extent, its numerous lithological facies and its high degree of metamorphism, the Quebec portion of the Grenville province has only partly been explored and prospected. Rock types that are economically among the most interesting in the Grenville are those of mafic and ultramafic compositions, because of their great potential for coppernickel and chromium-platinum. The peculiar mode of occurrence and the distribution of these igneous masses in which copper-nickel mineralization is known to occur indicate' two common geological features: (1) aerial photographs and/or topographic maps strongly' suggest close spatial (and possibly temporal and genetic) association of most of these mineralized mafic and ultramafic intrusions with circular structures; (2) when plotted on a large-scale map comprising the Quebec portion of the Grenville, these circular structures fall along two lines which could correspond to major tectonic features. Even though the genetic links among the mineralized mafic-ultramafic masses, the circular structures and the linear features are not yet fully understood, their associations are believed to be empirically valid and should therefore be used as geological tools by those interested in exploring the Grenville for copper-nickel and possibly chromium-platinum deposits. It should be noted that these mafic and ultramafic bodies do not appear to be spatially related to anorthosite complexes."

Jan 1, 1971

By Virginia Lawson, Adam Price

The rougher flotation stage is used to reject liberated gangue at a coarse size. Base and precious metals due to their high specific gravity tend to recycle in the grinding circuit and report to the flotation circuit at a finer size than the gangue from which it is being separated. Generally liberation levels of greater than 50% are achieved in roughing and thus a portion of the feed can be immediately upgraded to final concentrate. The proportion increasing as the amount of liberated mineral in the feed increases. Scalping out concentrate from the rougher can reduce the size of the subsequent regrind and cleaner circuits. Examples of alternative process design for circuits demonstrates that you don’t need large volumes to effectively recover all of the minerals – you need smart flotation. Several case studies will be presented where circuits can be significantly reduced in size by designing smarter – not larger. This paper describes case studies to test the amenability of the Jameson Cell to produce final concentrate from rougher feed. Metallurgical performance and plant design implications are discussed. Froth flotation has been used extensively for mineral concentration for over 100 years. Although the flotation cell design has changed, it has generally simply increased in capacity rather than increase in efficiency. Cell capacities of over 600 m3 are now being used in rougher flotation particularly for the lower grade ores where the amount of surface area for flotation is deemed less significant than the required volume. The plant design volume in rougher flotation comes from laboratory batch flotation tests and/or pilot plants. The volume required for the plant is calculated based on the laboratory residence time multiplied by a scale- up factor. Examples of laboratory to plant scale-up design are given in Dunne et al. (2010 part 2). The factors are usually between 2 and 3. A laboratory residence time of 10 minutes would equate to a plant design residence time of 25 minutes using a 2.5 factor. The volume of the required flotation cells can then be calculated using the design tonnage and volumetric throughput. This scale-up factor takes into account the differences in performance between batch flotation efficiency and full scale plant. The differences are likely related to inefficiencies of bubble particle contact in large cells as well as froth recovery, which is essentially complete in a batch cell. Flotation cells, such as the Jameson Cells, are smarter designs that improve bubble/particle collection, bubble/pulp separation efficiency and operate with high froth recovery rather than simply getting bigger. The Jameson Cell was designed on the principal of improving the collection efficiency of fine particles by separating the contact zone from the separation zone and having the bubbles generated by the plunging jet shearing and entraining air. This means the method of bubble generation is not impacted by the wear of mechanical equipment as it the case in other flotation devices. Jameson Cells make bubbles less than 600 micron in size under most operating conditions (Ding, 2016).

Jan 1, 2019

By Li Xibing

The In order to mine safely with reasonable cost, it is necessary to research the fracture characters of backfill and its matches with rock mass. Four kinds backfill with cement-tailing ratio of 0.250, 0.125, 0.100 and 0.083 respectively were tested, and basing on stress-strain curves tested, the deformation characters and fracture laws as well as the damage constitutive equations investigated with damage mechanics whose calculating results are coincided with experiment results well were proposed. The results of damage analysis show that there have different damage characters in different backfill, e. g. the lower the ratio of cement to tailings the lower the damage values when stresses reach to peak value; the lower the content of cement the more rapid in damage and the more abrupt in breakage process. In addition, using catastrophe theory, an energy model was proposed for backfill and rock mass acted each other in mechanics, and the unstable condition of the system was obtained. Research results show that the higher is the stiffness of rock mass the more stable the system, and the lower is the ratio of cement to tailings, the more unstable the system will be. Further more, according to the catastrophe model proposed, the reasonable matches between backfill and rock mass were researched, and a calculation formula that designs reasonable strength of backfill during mining was put forward. It has been proved by practice that the model and theory researched in this paper can guide filling design in mining. Keywords: Cemented tailings backfill, constitutive equation, catastrophe theory, match of backfill and rock mass

May 1, 2007

By Colin Jones

Canadian Clay Products Inc., which mines bentonite in Saskatchewan near Truax and operates a plant at Wilcox, is the sole producer of swelling bentonite, often called western bentonite, in Canada. Seven products produced by the company are used in binders, sealants, water and waste water treatment, plasticizing agents, foundries and absorbents. Reserves are reported at about one million tonnes for the deposit but the area in general contains significant additional reserves.

Jan 1, 2001

By R. Saulters, M. Garshasb

The Transportable Moisture Limit (TML) is the copper concentrate moisture content beyond which liquefaction may occur during shipping. This study indicates that TML is a function of mineralogical characteristics of concentrate, which in turn may directly affect moisture retention properties. A comprehensive mineralogical and chemical analysis was conducted to determine the impact of composition and mineral content on concentrate’s TML. The analysis indicates that the high TML value is associated with particular minerals such as gypsum, swelling clay, muscovite and pyrite. Since higher TML values allow higher moisture contents for shipping, this property is desirable for concentrate inventory management and shipping flexibility. Scarcity of minerals that may increase TML contributes to limitations of shippable inventory. INTRODUCTION TML is the maximum moisture content of copper concentrate beyond which liquefaction may occur. Moisture content above the TML is considered a shipping hazard as it may result in loss of lives and cargo. The details of TML testing are given in ISO 12742:2007 (ISO 12742). In principle, TML is 90% of the Flow Moisture Point. The method of testing for Flow Moisture Point and TML is based on procedures that provide pulsations that simulate the cyclic force of ocean waves to determine moisture levels at which the onset of concentrate flow may occur. International Maritime Organization (IMO) provides guidelines for developing and approving TML testing and moisture determination in the context of its Moisture Management Plan (MMP) for shipment of copper concentrate cargoes (IMO 2013). The IMO regulations are specifically provided in MSC.1/Circ. 1454 “Guidelines for developing and approving procedures for sampling, testing and controlling the moisture content for solid bulk cargoes which may liquefy”. Since each port has its own operational characteristics, resource availability, peculiarities of governmental structure, and desired methods of interaction with the authorities, it is necessary to adopt the IMO guidelines to the local requirements. In order to establish a TML and MMP measurement system, it is required to implement and follow proper guidelines for the relevant procedures. For example, sampling procedures are developed in accordance of ISO 12743, “Copper, lead, zinc, and nickel concentrates – Sampling procedures for determination of metal and moisture content”. Moisture content of copper concentrate samples are determined in accordance with ISO 10251, “Copper, lead, zinc, and nickel concentrates – Determination of mass loss of bulk material on drying”. To assure strict adherence to the MMP procedures, the overall system needs to be integrated into the site QA/QC system, which would make them auditable and certified in accordance with standards such as ISO 9001, ISO 17025, and ISO 17020.

Jan 1, 2019

By Laxman M. Amaratunga, David N. Yaschyshyn

"In the mining industry several types of fills are used for backfill operations. They are broadly categorized into three basic types: rock fill, hydraulic/slurry fill, and paste fill. Recently, paste fill has become the popular alternative for backfilling because of its many environmental and operational advantages including its ability to use total tailings, both fine and coarse fractions.Amaratunga and Annor (1989) first presented the concept of agglomeration of fine tailings, which are otherwise excluded from backfilling, for utilization in backfill as a readily available supplementary fill material. Previous experimental work investigated the use of agglomerated fine gold mill tailings in low density slurry fills (60 -70% pulp density), consisting of varying agglomerate and tailings compositions.This paper presents the ongoing research into utilizing these agglomerates in a high density paste fill (70 -85% pulp density). Various binder dosages, curing period and combinations of pellet to tailings ratios were studied. Slump of the raw fill and compressive strength of the cured fill were examined. Results from the above study indicate that agglomerated tailings paste fill (ATPF) has superior strength characteristics when compared to total tailings paste fills.IntroductionThe Canadian mining industry produces more than 500 million tonnes of tailings and waste rock annually. These tailings consist of a coarse fraction and a fine fraction and can be either reactive (acid generating) or non-reactive. Most mining operations utilize the coarse fraction for backfilling while the fines have been traditionally disposed of in surface tailings ponds. Recently, paste fill has been developed which uses a fraction of the fine tailings (10 - 30% w/w of >45 µ,m) in the fill. This development allows a mining company to use a portion of the fines for backfill, but still requires surface impoundment of the unused portion of fine tailings. Reactive tailings have the added problem of generating acid after being oxidized in the presence of air and water. Treating acid mine drainage (AMD) seepage from these ponds has proven to be a costly environmental problem and long term liabilty.One practical method to reduce the environmental impacts associated with the tailings pond and to modify the physical and chemical properties of the fine mill tailings so that they can be utilized and disposed of in an environmentally safe manner through surface or underground applications is through agglomeration using the Cold-Bond Tailings Agglomeration technology (CBTA). Amaratunga and Annor (1989) first presented the concept of agglomeration of fine tailings for use as coarse aggregates for underground backfill, gravel or surface covering material. CBT A reduces the necessity of impounding tailings on surface while providing a suitable coarse aggregate resource material for practical use. Although the CBT A technology has been mainly limited to pelletization agglomeration alone, other forms of agglomeration like pressure agglomeration which include the techniques of briquetting and extrusion have also proven successful (Amaratunga, 1995)."

Jan 1, 1996

By Esa Peuraniemi, Hanna-Leena Heikkilä

Boliden Harjavalta has been operating a copper flash smelter since 1949. Thus, in 2019, the smelter is celebrating its 70th anniversary of flash smelting. Slag formation is an integral part of the smelting process; currently the processing of slag is based on froth flotation at the slag concentrator. It provides high recovery of copper but restricts slag utilization; the final copper slag is deposited in a landfill. The Harjavalta smelter commissioned a new landfill area for final slag in May 2018. This paper describes the full project from permitting to commissioning of a new landfill area. The permitting process is described comprehensively, including environmental impact assessment together with the environmental and dam safety monitoring. During the environmental impact assessment, observations on rare animals protected on European level were made as well as archaeological findings. Successful completion of the permitting allowed the construction phase to start on time. After six years of intensive work, the new landfill was commissioned in May 2018. The new landfill area provides a sustainable way to store the smelter’s slag for decades to come. INTRODUCTION Slag processing Sulphide based concentrates have always formed the main raw material stream at Harjavalta’s copper smelter. During the smelting and converting steps, the iron included in the concentrate is oxidized and fluxed using a silica-based sand. Originally, the slag was processed by using an electric slag cleaning furnace after which the final slag was water granulated. Froth flotation has been utilized for slag treatment since 1966. In the beginning, the slag was cooled in open ditches. In 1984, controlled slow cooling of slag was licenced to enhance copper recovery at the flotation plant. Today, the slag from both the smelting and converting is tapped/skimmed to slag ladles and treated in the following steps: Slag ladle transportation from the smelter to the cooling area by slag hauler Slow cooling of slag in the ladle to allow mineral precipitation Unloading the slag by tilting the ladle; causing the slag to crush as it drops from the ladle Feeding the crushed slag (-500 mm) by wheel loader to a slag concentrator’s feed funnel followed by a conveyor belt transporting the slag to the concentrator plant Crushing and grinding using lump and pebble mills Froth flotation of the valuables Recycling the slag concentrate back to the smelter feed after dewatering Pumping the final copper slag to the landfill area.

Jan 1, 2019

By D. L. Johnston

"The avenues and degree of participation by aboriginals in the Canadian minerals industry have changed significantly during the thirty years of the author's career in that industry.The typical 1950s cycle of mineral industry involvement of a local non-Europeanized aboriginal was as an individual employee. The employment relationship would begin with the best of intentions by both parties of permanence and terminate when the pioneering employee was unable to reconcile the attendance behaviour required by the employer and the social-sharing behaviour demanded by family and friends.Cominco Ltd. has been a mine operator and developer in the North since the 1920s. Cominco's early experiences with employment of non-Europeanized natives at the Con Mine in Yellowknife, Northwest Territories from 1938 to 1986 was a negative experience from both the employee and employer ends. A series of classic failures in employment of individual aboriginals was a large part of the history. A few Metis or natives from other areas were the permanent aboriginal employees at Con (2010). Racial prejudice was overt on the street in Yellowknife and, it can be assumed, in the workplace, as well.The history of aboriginal employment at the Pine Point, Northwest Territories operation (1964 to 1988) was somewhat better but also frustrating. The mine was equidistant (80 km) from the Dene communities of the Hay River Indian Reserve and Fort Resolution, both on Great Slave Lake. Despite a large aboriginal presence and many well-intentioned efforts, employment of aboriginals at Pine Point never got much beyond ten per cent. These would have been half local and half northern prairie aboriginals. One continuing success story was the railcar loading and covering crew led by Ed McKay, a local aboriginal. This predominantly aboriginal crew did its own recruiting and several are on Cominco pension."

Jan 1, 1995

By J. Lee, K. B. Min, J. Rutqvist

Shear slip of fractures in fractured rock masses is a critical issue for many geological engineering applications, such as the design of underground nuclear waste repositories, enhanced geothermal systems (EGS), and geosequestration of CO2. This paper presents new development of the TOUGH-UDEC simulator for analysis of coupled thermal-hydraulic-mechanical (THM) processes in fractured porous media. As an alternative to developing a single coupled THM code in discontinuum, two existing wellestablished codes, namely TOUGH2 and UDEC, are coupled to cover coupled THM analysis of multiphase fluid flow, heat transfer, and deformation in fractured porous media. TOUGH2 is widely used for modeling heat transfer and multiphase, multicomponent fluid flow, and UDEC is a well-known discrete element code for rock mechanics, which have been verified and used by many groups all over the world. Although a sequential coupling of two codes is less efficient than having a single code in principal, a big advantage with coupling of TOUGH2 and UDEC is that both codes are well tested and widely applied in their respective fields. When linking two codes, the coupled equations cannot be solved simultaneously; they should be solved sequentially, with coupling parameters passed to each equation at specific intervals. After solving thermal-hydraulic equations through the TOUGH2 model, pressure (P) and temperature (T) information is delivered to UDEC model. Pressure information is directly stored at the center of each UDEC zone and domain, however, temperature information is interpolated from zone-centers to the corners nodes. After solving the mechanical equation through the UDEC model—considering new pressure and temperature—calculated fracture apertures are converted to equivalent permeability and porosity for TOUGH2 flow analysis. The solution was calculated by iteratively following an explicit sequence for numerical efficiency. Verification examples are presented to demonstrate the capabilities of the coupled TOUGH-UDEC simulator.

Jan 1, 2015

By Steven R. McCutcheon

"The Bathurst-Newcastle district, a subcircular area approximately 50 km in diameter, contains 37 massive-sulfide Zn-Pb-Cu deposits that have defined tonnages, and has 58 additional significant occurrences. The largest deposit is Brunswick No. 12, with total reserves (including past production) of 148 million tonnes grading about 12.5% combined Pb-Zn. The deposits/ occurrences are spatially associated with a felsic volcanic pile that contains a significant sedimentary component. In the vicinity of the Brunswick deposits the pile is divisible into lower and upper sequences. The lower is characterized by megacrystic rhyolite (QFAS) and coarse- to fine-grained quartz (± feldspar) wackes and/or tuffites (QAS); the upper sequence is characterized by aphyric to sparsely porphyritic rhyolites (HWR), micro-breccias, and acid hyaloclastites with interbedded dark gray sedimentary rocks. A greenish gray to dark gray siltstone (GGS) separates the two sequences and hosts the sulfide deposits. Lithogeo chemistry of least altered samples shows that the QFAS and HWR have an igneous character, whereas the QAS and GGS have a sedimentary signature. The two types can be distinguished on the basis of total alkalies (Na2 + K2O) versus SiO2/Al2O3 and Ti02 versus Fe/(Fe +Mg). Some trace elements, such as Sr and Y, also help differentiate the two types. The QFAS differs from HWR by having higher La/Yb ratios but lower Zr and Th. The Bathurst deposits do not show a close spatial association with rhyolites but rather are stratiform bodies Oacking clastic textures) within fine-grained sedimentary rocks. The scarcity of barite and other sulfates indicates that there was little mixing between the metal bearing fluids and cold seawater. High Fe/(Fe+Mg) ratios in chlorites also indicate the fluids did not contain a significant seawater component. These features and the large size of many deposits suggest that the deposits formed from metal-rich pore waters that were released catastrophicallyfrom an acquifer in the footwall stratigraphy."

Jan 1, 1992

By W. H. Mathews

"The Hardie group of cinnabar claims is in the interior of British Columbia; 25 miles northwest of the city of Kamloops. It is one of a number of mercury; properties scattered along a north trending belt 20 miles long and up to 5; miles wide. In all but one of these properties cinnabar is associated with; dolomite veinlets in zones of carbonate alteration in bedded rocks of Triassic; and Cretaceous (?) age; or in intrusives cutting these bedded rocks. No dolomite alteration or cinnabar mineralization is known in the undoubted Tertiary rocks adjacent to the mercury belt.The mercury showings of the Hardie group lie for the most part in a granitic stock cutting Cretaceous (?) volcanics. The rock in this intrusive shows marked variations in texture and has been described in earlier reports as granite and granodiorice, granite porphyry, and trachyte or dacite porphyry. At Hardie mountain the cinnabar mineralization, unlike that of the other properties, is associated with a fine-grained, almost chalcedoni c, quartz; carbonates, though present, are of minor importance. Some of the most interesting showings are found in an adit in the southeastern part of the property where cinnabar mineralization shows a very distinct structural but not a genetic relationship to a brown porphyry dyke 2 to 8 feet wide cutting a phase of the stock that may best be described as aplitic"

Jan 1, 1954

By Alexander Smith

"The three principal known mineral deposits of the Taku River area lie in the Tulsequah synclinorium. The axis of this north-south trending structure is along Tulsequah River valley; about 6 miles east of the eastern contact of the Coast Range batholith.The one proven mine of the area, the Polaris-Taku, is on the west side of the valley. It is a gold property, the gold occurring in fine needles of arsenopyrite disseminated in carbonatized volcanics. The mine was originally called the Whitewater, and the adjacent area the Whitewater gold belt. During the years 1937 to 1942 gold having a value of $3,284,000 was produced from 313,500 tons of ore milled."

Jan 1, 1954

By Jinsuo Zhang

Investment in coal resource development is affected by a variety of uncertain factors. Investors can make a flexible, strategic decision to achieve the value of risk implicated in those uncertain factors. Therefore, based on real-option theory, we identified key uncertain factors that affect a coal resource investment project, and revealed the formation mechanism of option value in coal resource developing investment project. Then, a multi-factor decision making model was established for a coal resource development investment project with random changes of coal price, interest rate, convenience yield and production cost. Finally, we tested the model and analyzed relevant parameters by applying living data. Our results indicate this model reflects the value of risk implicated in uncertain factors for coal resource development investment, and is able to determine a critical point of decision making change when coal price and production cost varym respectively. By means of parameters analysis, the convenience yield has a positive effect on the project value. The interest rate has a negative effect.

Aug 1, 2013

By C. J. Sullivan

It is of importance, in prospecting, to distinguish ores of magmatic origin from those derived by the meta-morphism and granitization of source rocks and from those accumulated in certain sedimentary facies. The magmatic ores, which are characterized by their occurrence along fault structures, may be associated with volcanic (including explosive) phenomena. Heat effects are local. The magmatic sequence is well de-fined: kimberlite, with diamond pipes; ijolite, with carbonatites; peridotite, with nickel deposits; norite, with nickel-copper deposits; and diabase-gabbro, with copper-zinc deposits. These deposits are characteristic of Precambrian shields, where a thick sialic crust may rest on basic to ultrabasic magma. The sequence is resumed in the Paleozoic terrains (in a broad sense), with monzonite porphyries and associated copper, copper-gold, and cop-per-lead-zinc deposits.

Jan 1, 1962