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By Robert T. McKnight

"Traditional techniques for valuing resource projects companies have been primarily based on discounted cashflow methods (DCF) or by comparison to similar projects with an apparent market capitalization. Many resource projects are really forms of options to invest rather than a future cashflow stream. Employing the DCF method to value a resource project which is really an option to invest, can dramatically underestimate the real value of the project. The analytical tools required to evaluate options, while more complicated than the usual spreadsheets used for DCF, are becoming more easily available and usable by managers. This paper will discuss the background of options valuation and some of the tools which will make it easier for managers to estimate the value of projects and companies which have significant real option values.ResumeBob McKnight is a graduate of the University of British Columbia in Geological Engineering, supplemented by an MBA from Simon Fraser University. Following several years in the oil patch with Cities Service and Brascan, Bob returned to Vancouver in 1979 to work for Wright Engineers. He subsequently went on to work for Cassiar Mining, Getty Resources and Endeavour Financial before joining Pincock Allen & Holt Ltd. in 1998. His experience ranges from exploration to feasibility studies, financial evaluations of mining and oil & gas projects, due diligence, project finance, valuations and mergers and acquisitions. He has extensive international mining experience pertaining to such countries as Chile, Mexico, Uruguay, Thailand, Indonesia, Angola, Papua New Guinea, Kazakhstan.What are Options?Options have been around for centuries. They were familiar to Roman and Phoenician traders who were shipping cargoes from Mediterranean seaports. In the financial world, options are types of contracts that generally include the right, but not the obligation, to buy or sell a share, currency or commodity. The underlying commodity price or share price changes are assumed to be lognormally distributed. In this context, options are of two general types, ""call"" options and ""put"" options. Call options have the characteristic of having the right to buy a tradable commodity or currency at a predetermined price for a specified period of time. For the owner of call options, they become more valuable as the price of the underlying commodity increases. For the seller of call options, these options become an increasing liability as commodity prices rise, since there is the obligation to sell the commodity at a predetermined (perhaps lower-than-market) price. This characteristic of call options recently became high profile with the sharp rise in gold prices last year. The value of gold call options sold by certain producers increased their associated liabilities to the point where margin calls were made."

Jan 1, 2003

By C. Lapointe

"IntroductionTen years ago, when nuclear fission became practical, the element uranium, until then a not very desirable by-.product of the radium industry, became overnight the strategic material par excellence. One of the several important problems that had to be solved at that time was the rapid and precise determination of uranium in ores and concentrates.GeneralThe chemical analysis of uranium ores is a long and difficult business and is complicated by the presence in most ores of a large number of interfering elements. True, much progress has been made, during the past few years, toward simplification of the analytical methods, but the chemical determination still remains the job of a skilled operator. For this reason, the chemical method has been replaced, whenever possible, by a physical determination based on the measurement of the radiations emitted by the elements of the uranium family. There are several types of instruments suitable for these measurements, but of all the radiation detectors known to the physicist, such as ionization chambers, crystal detectors, scintillation, proportional counters, and the like, the Geiger-Mueller counters have proved to be the most satisfactory for routine determinations, because of their simplicity.The Geiger-Mueller counter is a very versatile instrument; it can be constructed to detect any type of radiation, corpuscular -0r electromagnetic. Here, however, we are interested in these counters because of their ability to detect the beta and the gamma radiations, both emitted by some members of the uranium family. The beta radiation is corpuscular, and is composed of fast electrons, while the gamma radiation is electromagnetic."

Jan 1, 1950

By M. Dotto, T. G. Joseph, M. Curley

"Equipment selection is a key decision in mine planning. Equipment size affects decisions from pit size to the total operation cost. Particularly when replacing haulage fleets for long-life surface mining operations, mining operations focus solely on haulage productivity. Road width and specifically ramp width are significantly affected by an increase in hauler size in terms of overall strip ratio through required highwall set-backs or sterilizing of lower ore access due to required overlying ramp fill structures. In addition, in light of ever increasing regulatory and reporting emissions requirements, bigger equipment may not translate into lower emissions per tonne moved. This study analyzes hauler-scale impacts on aspects not currently incorporated into conventional mine planning, including expansion of roads to accommodate larger equipment, road layer thickness variation depending on hauler size, and fuel consumption and emissions. Results indicate that such relationships have a large impact on cost. Therefore, an expanded consideration of the capacities of increasing equipment size in mine planning is highly recommended. ¦ KEYWORDS Equipment selection, Grade resistance (GR), Haul road, Haul truck, Mine planning, Payload, Rolling resistance (RR), Total resistance (TR) RÉSUMÉ La sélection du matériel est une décision importante dans l’aménagement des mines. La taille de l’équipement a une incidence sur la prise de décisions, depuis la taille de la fosse jusqu’aux coûts totaux des activités. L’exploitation minière se concentre uniquement sur la productivité des moyens de transport, particulièrement lorsqu’il s’agit de remplacer les parcs de camions de transport dans les exploitations à ciel ouvert à longue durée de vie. La largeur des routes, et spécifiquement la largeur des descenderies sont considérablement affectées par une augmentation de la taille des camions de transport en termes du coefficient global de recouvrement qui dépend de la taille requise des parois (si les descenderies sont agrandies, les parois devront être creusées de haut en bas afin d’agrandir la taille du fond de la fosse). Il faut aussi pouvoir procéder à l’excavation des gradins les plus profonds de la mine et ainsi préserver l’accès à cette zone, ce qui pourrait devenir difficile si la quantité de stériles utilisés pour la structure des descenderies augmente et s’ils occupent une trop grande partie du fond de la fosse. En outre, au vu des exigences de plus en plus strictes en matière de réglementation et de déclaration des émissions, un équipement plus volumineux ne sera pas nécessairement synonyme d’une réduction des émissions par tonne déplacée. Cette étude analyse l’incidence de la taille des camions de transport sur des aspects actuellement non intégrés dans l’aménagement classique des mines, notamment la création de routes permettant le passage d’un équipement plus volumineux, la variation de l’épaisseur de la couche d’asphalte des routes en fonction de la taille des camions de transport, ainsi que la consommation de carburant et les émissions. Les résultats indiquent que ces relations ont des répercussions importantes sur les coûts. Ainsi, on recommande d’accorder une attention accrue aux capacités d’augmentation de la taille de l’équipement dans l’aménagement des mines. ¦ MOTS CLÉS aménagement des mines, camion de transport, charge utile, résistance au roulement, résistance due aux rampes, résistance totale, route de transport, sélection du materielINTRODUCTION Over the past five decades, the mining industry has progressively attempted to increase production rates through the use of larger haulage equipment. Each new generation of mine is designed to operate with the most recent and often bigger equipment iteration, while older mines are re-evaluated to keep pace with upgraded mixed fleets. Whereas production gains are often realized with larger equipment, there are additional aspects to consider when evaluating the feasibility of mo"

Jan 1, 2019

By L. E. Collins

"In western Canada, many new wells contain a significant fraction of H2S. As well, many older wells become increasingly sour over their operating lifetime. For these reasons, there has been increased demand for linepipe and casing for sour service applications in recent years. This paper will review the metallurgical factors which must be considered in designing steels for such applications. IPSCO’s development of linepipe and casing, and experience in fabricating products to meet test standards specified for sour service applications will be summarized. IntroductionWestern Canada produces the majority of Canada’s domestic crude oil and natural gas. A complex system of pipelines has been built to gather the oil and gas from the fields for transport to refining and/or cleaning operations. The gas carried in these pipelines can be either sweet or sour (i.e. containing no H2S or containing H2S) depending on the nature of the field from which it came. Many new fields contain a significant fraction of H2S and many older fields become more sour as their time in production increases. This uncertainty regarding product condition influences the user’s choice of materials for both casing and pipeline applications.It is well known (Merrick, 1989) that hydrogen induced cracking (HIC) will occur in steel when three conditions exist simultaneously: (1) the presence of H2S gas, (2) moisture, and (3) a susceptible material. Steelmakers can only address the latter of these factors. Development of steels to meet test requirements of sour service has been a major focus of IPSCO’s development work for several years."

Jan 1, 1998

By T. R. Bieler

"Hot forming and superplasticity in powder metallurgy aluminum alloys and composites is reviewed. The effects of alloy composition, particulate composition, size, and size distribution is summarized. The role of climb distance for recovery is described in connection with the size of strengthening phases. In materials with fine strengthening phases on the order of one micron or less, high strain rate superplastic deformation processes are likely. However, the quality of superplastic deformation depends on the prior processing history, and these effects are reviewed. Very few data describing the effects of hot forming history on post-forming properties exist, but some results emerging in the literature are compared.IntroductionHot deformation in aluminum based materials is done for several technological purposes, such as thermomechanical processing to alter mechanical properties of simple forms, and/or final shaping operations to produce a complex shaped part by means of extrusion, forging, or superplastic forming. In the interest of improving the mechanical properties of aluminum based materials, two microstructural design strategies are commonly used, dispersion strengthening, and composite strengthening. The introduction of fine, stable dispersions is commonly done for high temperature strength, and the dispersions are typically ceramic particles in the range of 10 nm to 1000 nm in volume fractions around 5 vol.% (Higashi et al., 1990; 1991a; 1991b; 1992; Bieler and Mukherjee, 1990; Otsuka et al., 1987; Bieler et al., 1991; Oliver and Nix, 1982). Alternatively, composite strengthening strategies using 10-40 v% of 3 µm to 40 µm ceramic particles provide high modulus and high strength aluminum based materials (Midling and Grong, 1995; Lloyd, 1994; Subramanian et al., 1995)."

Jan 1, 1997

By Dale Coffin

Definition Of A Crisis Crisis \kri-ses:\ An unstable or crucial time or state of affairs whose outcome will make a decisive difference for better or worse (Webster's New Collegiate dictionary) An event or set of circumstances that could significantly affect a company?s ability to carry out its business, damage a company?s reputation and/or threatens the health, safety and well-being of employees, the community or the public at large You?re Having A Crisis When... . The emergency poses a significant threat to the public or employees . The emergency situation provokes government scrutiny . The company no longer has full control of the situation . The situation has created significant regional, national or international media interest . The corporation?s reputation may be damaged or there is a threat to the bottom line or share value

May 1, 2004

By K. Sakai, M. Miyaue, T. Aoki, T. Tani, S. Tanaka, N. Kudo

In the planning stage of a tunnel, due to limited technology in the geological survey and the financial restriction, tunnel supports are often designed from unsatisfactory information, and the tunnel construction is started. Therefore, "Information-oriented construction" is carried out in the construction stage, in which the design is rationally verified and modified by observations/measurements. Moreover, the ground conditions ahead of a tunnel face must be predicted for efficient and safe tunnel construction. The authors have examined effective prediction methods to the ground conditions ahead of a tunnel face under construction of mountain tunnels (Aoki et al., 2010) in view of the established method (Schubert et al., 1995). Though the prediction method of Schubert requires the displacement in the direction of tunnel axis, it is difficult to obtain its accurate data by the electronic distance meter. Then, we have proposed a method that uses tilt sensors installed at the tunnel crown near the face to obtain the slight tilting information. To measure inclination of the tunnel crown, this inclinometer was originally developed as a daily control measurement, such that the geological condition and its possible change behind the face could be detected early, and a steady advance and construction safety could be ensured. This paper describes the method of forward prediction mechanism and advantages of this suggested method. It then presents the typical results of a field verification test at a tunnel under construction and an example of evaluation of the ground conditions ahead of the face based on the 3D numerical analysis in three types of condition changes of ground deformation moduli.

Jan 1, 2015

By Greg Yuriy

This paper discusses research carried out by the Laurentian University Mining Automation Laboratory (LUMAL) in the field of discrete-event simulation of mine equipment systems and reliability assessment of these machinery using genetic algorithms. The AutoMod simulation package, from Brooks-PRI Automation Inc., is used in this research. It is a 3-D discrete-event simulation/animation software tool for creating realistic depictions of manufacturing and materials handling systems. Discrete-event simulation involves modeling of real-life systems based on variables and events which occur or change at distinct points in time. In our case, a two level, multi-drift sublevel stoping model was created in AutoMod for the simulation of the equipment fleet employed in the development cycle (drilling, explosives loading, blasting, materials hauling, ground support) of a typical underground mine in the nickel mining region of Sudbury in Ontario, Canada. The equipment primarily considered in the simulation is Load-Haul-Dump (LHD) vehicles (scooptrams), drills, explosives-loaders and roof bolters. The purpose of the simulation study is to assess the impact of equipment failures to mine?s production throughput. In more detail, using Mean Time Between Failures (MTBF) data of scooptrams derived from a reliability assessment model based on genetic algorithms, LHD failures are incorporated into the simulation model. These failures cause production interruptions to the development cycle and consequently loss of hauling capacity. This paper will indicate the significance of equipment failures to a mine?s production and suggest a methodology based on the combination of discrete-event simulation and a predictive reliability assessment model using genetic algorithms for the study and analysis of mine equipment systems.

May 1, 2003

By E. G. Gaylord

THE material improvements which have been made in the practice of exploiting oil and gas reservoirs in the United States during recent years may be attributed largely to: (1) The necessity for drilling deeper wells at costs not much greater than was formerly expended on shallower wells. (2) The necessity for producing oil at a lower cost per barrel. (3) A growing recognition of the importance of the nature of production practice upon ultimate yield of oil and gas. The first two of these factors result, to a large extent, from the fact that a greater proportion of new development has been deeper development, and these wells have been drilled in the face of progressively lower per well allowables. In California, for instance, maximum allowables have declined from 400 barrels per day in March, 1938, to 156 barrels per day in September, 1940, and during this same period some 125 wells were drilled to the deeper 10,000-foot producing horizons discovered during this time. The third item listed above results from our increasing knowledge of the basic factors which influence the amount of recovery we may expect from reservoirs. In addition to the longer-range planning now being undertaken by the more prudent operators, State proration and conservation laws have focused attention upon the importance of methods conducive to obtaining progressively greater quantities of the hydrocarbons in place. In a paper of this length it will be possible to discuss only a few of the recent advances. An effort has been made to select the more important of these and to indicate, where possible, the factors which have made these advances possible.

Jan 1, 1941

By Alan E. Gallie

FOR many years the Witwatersrand has been the leading gold mining r camp in the world and, to a Canadian mining student, could not fail to be of overwhelming interest. The vast scale upon which the operations are conducted, the enormous production accomplished, and the perfection of the operative technique, have all so forcibly impressed themselves on his memory that it is difficult to select any one feature as more outstanding than another. For the purposes of this paper, however, the author has selected the very first feature of mine operation with which he came in contact, namely, shaft sinking, as it reflects, quite as well as any other, the spirit of mining in South Africa. Early mining in Johannesburg was by open cuts or trenches, dug along the outcrops of the reefs. The ore was thrown from bench to bench to the surface. As the depth increased, rock was hoisted by bullocks. In 1887, the first shafts were sunk and true underground work began. At the same time, boreholes were put down to test the continuity of the reefs at depth. The first was at the Village Main reef. It cut the South reef at 517 feet and the Main reef leader at 581 feet. The Main reef leader assayed eleven penny-weights. Subsequent boreholes proved the reefs down to thousands of feet. Many companies secured deep-level claims as a direct result of the information obtained from the early holes. These companies then held land on which there was no readily available ore. In order to get to their pay rock, vertical shafts through the upper strata were necessary. Shareholders were impatient, and shafts had to be sunk as speedily as possible. The old methods of shaft sinking were investigated, new methods developed, and soon all records were being broken. In the last thirty-five years, the record has been slowly advanced, and last summer it was again broken to stand at 430 feet in a 31-day month. During the period from 1915 to 1935 inclusive, in the Witwatersrand district, 96 miles of shafts were sunk. Today, with the advance in the price of gold and the increase in the mining area, there are over twenty-five major shaft-sinking operations being carried on.

Jan 1, 1937

By Phil Keele

"Manalta Coal Ltd. 's Vesta Mine will supply Alberta Power Limited's 740 MW Battle River Generating Station with 1 128 000 tonnes of sub-bituminous ""C"" coal in 1983. Mana/ta Coal Ltd. and Alberta Power Limited are in their seventh year of a 31-year coal supply agreement. With the exception of localized topographic highs where three coal seams are mined, the Vesta Mine is primarily a single-seam mining operation. Vesta's comprehensive programs of mine planning, preventative maintenance, reclamation, and employee relations make it an efficient and a well run operation. Introduction The Vesta Mine, located in east-central Alberta approximately 300 km northeast of Calgary, supplies sub-bituminous ""C"" coal to Alberta Power Limited's 740 MW Battle River Generating Station. The coal reserves and principal stripping equipment are owned by Alberta Power Limited. Manalta Coal Ltd. owns and operates the additional mining equipment and support facilities. Coal production is from a single pit, 3.5 km in length. Both single and multi-seam operations are encountered in the active pit. In 1983, production is anticipated to increase to I 128 000 tonnes from 906 000 tonnes in 1982. The additional tonnage will be achieved by operating 24 hours per day, 5 days per week. The following sections briefly highlight historical, geological and mining/reclamation aspects of the Vesta Mine. Figure I illustrates the location of the Vesta Mine in relation to the cities of Calgary and Edmonton. History Coal mining for domestic use began near the turn of the century in the Vesta Mine area. Initially, small underground room-and-pillar operations were dominant. As equipment technology advanced, surface strip mining replaced the underground methods."

Jan 1, 1985

By F. R. Deluca

"ClassificationClassification is a combination of mechanical and hydraulic operation which separates a pulp into two portions according to their respective settling rate. The finished product, the overflow, is removed from the other product, sand, which requires further grinding.Pulp is the uniform suspension of solids in a liquid. Overflow is the fines and therefore the more slowly settling portion of the pulp which is carried over the top of the classifier by the flow of water; sand is the coarser and more rapidly settling portion of the original pulp which is discharged from the classifier by the mechanical action of the rakes or conveyed out by a ""screw"" .Selective classification is classification that has for its object the concentration of the heavy constituents of the original pulp in the sand product so that it may be ground finer than the lighter constituent.Classification is used as follows:I. To make a size separation, for example, a sand-fines separation so that each product may be given a different treatment.2. For closed circuit grinding so that the maximum size of particles entering the circuit is limited, and so that the useful work is increased by enabling the mill to operate mainly on the particles that require the reduction.3. For differential grinding of the heavy mineral constituent and the gangue. In this case, the heavy mineral is concentrated in the sand product and is reduced further, while the lighter gangue material overflows the classifier.The selection of the proper size and type of classifier is determined by the function required, the character of the ore, and the tonnage to be handled, the initial cost and the operating cost."

Jan 1, 1989

By A. J. Rigby

Anode vessels are often relined with refractory every one to two years and a typical reline time can take between 16-20 days. Modem refractory designs using dense, corrosion resistant brick applied directly to the vessel shell in the high wear areas around and above the tuyeres and at the slagline can yield a lining life of up to 4-5 years before a complete reline is necessary. Installation methods using brick delivery on roller conveyors through an endwall access port and complete anchoring of the brick to allow for lining self-support can take days off the installation time. It is possible, therefore, to reduce the refractory relining period by 50% and increase lining life by 100% compared to typical anode repair schemes. Cu2007

Jan 1, 2007

By Miguel A. Cuba

Trends in the mean and/or variance are a longstanding challenge in mineral resource modeling. Geologic modeling and/or grade domaining are often employed to account for heterogeneities in mineral grades; however, this is only practical up to a certain point since the number of data available for reliable model construction can be severely reduced. In such cases, trends remain present in certain geologic/grade domains and directly impact the modeling methodology; the trend must either be handled explicitly or a suitable approach is adopted to implicitly account for it. This is highly dependent on understanding the source of the trend. We propose an approach that detects the source of non-stationarity, which is based on quantifying the impact of non-stationarity in the mean and the variance via the semivariogram. By expanding the methodof- moments approximation of the semivariogram, we decompose the experimental semivariogram is into three terms: 1) trend in mean component, 2) trend in variance component and 3) stationary component. We can then assess the source of trend by calculating the contribution of each component at every lag. Two cases are presented to illustrate this tool. Firstly, a synthetic reference model is simulated and different trend patterns are added; the influence of these patterns in the experimental semivariogram calculation are analyzed and discussed. Secondly, a real dataset is considered where the impact due to the presence of trends in the mean and variance are assessed. The results of this paper reveal the semivariogram to be a tremendously powerful tool in determining the source of the trend. This insight may be useful in the selection of a suitable modeling approach for resource estimation.

Oct 1, 2009

By S. Shokri

The increasing size and complexity of mega construction projects result in having several geographically distributed stakeholders, collaborating with each other to successfully deliver the project. Electronic Product and Process Management Systems (EPPMS) are recently emerging to facilitate the collaboration between stakeholders, reduce the surprises and issues, and improve the project productivity. These are commercially successful but evolving systems. An important component of EPPMS is the Interface Management System, which aims at formalizing and automating the communication channels between stakeholders. An interface is generally considered the link between construction elements, phases, or stakeholders. An interface Management System (IMS) involves five iterative steps: (1) Interface Identification, (2) Interface Documentation, (3) Interface Transferring, (4) Interface Communication, and (5) Interface Closing. A fundamental part of step 2 is recognizing different roles in dealing with interfaces. Each stakeholder is assigned a different role, such as responsible, accountable, consulted, and informed. In a mega project, several thousands of interfaces exist with complex relationships between stakeholders. Therefore, identifying stakeholders with higher responsible roles has been requested as useful information to the project owner in dealing with some of the project risks. After the interfaces are determined, and the responsibilities are allocated, the critical stakeholders are identified using the centrality concept in Social Network Analysis. The critical stakeholders can be determined at the highest level, considering all types of interfaces, as well as for each specific type or discipline-related interfaces. The proposed methodology is applied on a hypothetical offshore project with over 500 interfaces. In fact, this project is a simplified representation of a real scale Liquid Natural Gas project. In order to reduce the complexity of calculations and clarity of explanations, the simplified case study is used. By implementing IMS in mega projects, different parties not only formalize the communication between each other, but also gain better visibility concerning their roles and responsibilities. In addition, the owner benefits from analysing the complex relationships between stakeholders to further identify critical ones, along with other criteria like package cost, stakeholders? experiences, etc.

Aug 1, 2013

By S. M. Bulatovic, D. M. Wyslouzil, K. R. Rawlings

"The suitability of a new organic reagent DS20 as a depressant for oxidized and carbonaceous pyritic lead-zinc ore from Nanisivik Mines Ltd. has been evaluated in the laboratory and in the plant.The depressant DS20 is a mixture of Lignosulphonate-Dextrin-Quebracho and was developed specifically for depression of highly oxidized and carbonaceous pyrite.The laboratory test work indicated that the poor metallurgy resulting from the oxidized ore could be improved to normal plant performance by the addition of the DS20 depressant with the existing plant reagents. The laboratory data suggested that lime consumption could be reduced when using DS20.In this paper, the development work and the plant trials with DS20 are described.INTRODUCTIONNanisivik Mines Ltd. treats approximately 2000 tonnes per day of lead-zinc massive sulphide ore, containing currently 1% Pb and 9% Zn. The concentrator operations have been described previously (1,2) and typical metallurgical performance is detailed in Table I.The concentrator flowsheet (Figure No. 1) and the standard reagent scheme (Table No. 2) demonstrate the relative simplicity of treatment of this coarse grained ore.A recently discovered satellite orebody - Area 14 - containing 2% Pb and 12% Zn was brought into production in October 1983. This ore had been oxidized to varying degrees by ground water; the pyrite mineralization was found to be very fast floating and a carbonaceous constituent present in higher than normal proportion also affected flotation. The simple high lime addition could not control the pyrite, and very low grade lead concentrates resulted; zinc metallurgy was also affected by this oxidized condition (Table 3)."

Jan 1, 1986

By M. J. Young, C. A. Aird

"The Gem molybdenum prospect is situated at the head-waters of Clear creek, between the Fraser river and Harrison lake, about 30 miles north of• Harrison Hot Springs, B.C. Clear creek follows a deeply eroded fault zone southwesterly through the center of the claim group. Elevations range from 2,000 feet in the creek bed up the steep slopes flanking the creek to a height of 5,500 feet. The property lies within an area underlain by schists and gneisses which strike from north to west in a broad fold plunging steeply to the northeast. This metamorphic complex has been invaded by numerous bodies of grano-diorite, much of which is gneissic. A granite plug, roughly 2,400 by 4,000 feet in size, has intruded this broad fold just west of Clear creek and encloses a circular breccia pipe 1,500 feet in diameter. In the breccia pipe, fragments of metamorphic rocks, granite and quartz monzonite porphyry are firmly cemented in a matrix of quartz monzonite porphyry. All the above rocks are cut by numerous fractures filled by vuggy quartz veins, many of which contain molybdenite. Attentien was first drawn to the area by a quartz vein, 18 inches in width, known as the Gem vein, which consists of several laminated bands of quartz and molybdenite. Since 1964, exploration efforts have been directed toward attempting to outline a large, low-grade type of molybdenum deposit."

Jan 1, 1969

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

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

Jan 1, 1994

By Ron Tessier, Claude Bazin, Robert Grant, Mike Cooper

"Grinding simulators are now widely available to assist in the optimization of industrial circuits. They provide circuit operating conditions or flowsheet designs that yield a given product size distribution. However, they do not provide information of the impact of a change of product size distribution on the subsequent flotation or leaching stages. This paper presents a method to predict grade and recovery indices for a flotation plant as a function of the flotation feed size distribution. The application of the method to various size distributions allows the determination of the optimal fineness of grind. A case study for a CuPb rougher circuit of a New Brunswick complex sulphide processing plant is presented to illustrate the method.IntroductionIs the grinding circuit product fineness optimum for the subsequent separation steps? This is a question that is certainly very difficult, but critical, to answer. Laboratory and pilot plant testworks can provide clues as to whether grind should be finer or coarser. For a full scale operation there is no other way than trying to change the setup of the grinding circuit and verify the effect on flotation. True effects can, however, be masked by the numerous and unexpected disturbances inherent to grinding and flotation circuit operations. A good preliminary investigation requires a noise free environment to elaborate possible solutions for the question.Plant simulators provide this noise free environment. However, despite grinding and flotation simulators having evolved significantly for the last 20 years, very little is available on the integration of both simulators to analyze the effect of fineness of grind on metallurgical performances. For instance, a grinding circuit simulator may help to find the tuning of a grinding circuit that will yield the desired fineness of grind, but does not inform on the effect the new product size distribution will have on the separation stages. Linking grinding and flotation would require a flotation plant simulator with the rate and infinite recovery parameters for each mineral in each size interval considered. This approach is seldom used because of the tedious work required to estimate the model parameters. Recently Leroux(1992) proposed a method to predict mineral liberation from grinding ore of known mineralogical texture. Although the method is still at its infancy it may provide, when combined with a reagent conditioning model (e.g Niemi et al., 1982; Bazin et al., 1988), a way to simulate flotation without the need of entering the numerous parameters of a flotation model."

Jan 1, 1994

By S. Kelebek, Gerhard W. Heinrich, Peter F. Wells

"The review and optimization of process stages is an integral part of the program to improve the metallurgical performance of the Strathcona Mill. Improved primary grind size distributions, streamlining of rougher-scavenger circuits and increased platinum recoveries were the target of plant and laboratory scale tests. The results can be summarized as follows:• Decreasing the primary grinding cyclone vortex finder diameter for nickel/copper ore gave significant increases in overall copper recovery and improved rougher flotation selectivity.• The scavenger flotation stage in the circuit treating copper ore was found to contribute little to this circuit's copper recoveries -yet to be essential for acceptable recoveries of nickel, platinum and gold. The elimination of this stage by re-routing the tailings from the copper ore rougher into the nickel/copper ore rougher feed has lead to lower gangue recoveries to the nickel concentrate and to improved copper-nickel separation, while reducing equipment operating costs.• Surface aging effects such as oxidation are known to decrease flotation recoveries of platinum minerals such as sperrylite. The conditioning of an intermediate non-magnetic process stream with copper sulphate prior to thickening increased the platinum recoveries in the subsequent flotation stage by approximately 10%."

Jan 1, 1996