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By R. R. Stone

"This paper will examine the role of debt and equity in project financing and will illustrate the impact on the return to the project sponsor of each type. Conventional debt sources will be examined, as will product purchaser advances, foreign export-import bank loans and lease financing. The paper will review guarantees, charges against the project, dividend restrictions and other commitments. It will also discuss various features of sales contracts and the degree to which they can assist in securing financing. IntroductionThe cost of bringing new mining projects on stream is escalating significantly more rapidly than general rates of inflation. Reasons for this include the higher costs of safeguarding the environment and ensuring the health and safety of workers. The need to develop properties in more remote areas is also a significant factor. These higher costs have not been matched by increases in metal prices, making the task of financing these projects ever more difficult. At the same time, the imagination of borrowers and lenders seems boundless, and innovative schemes for financing projects are constantly being unveiled.It is probably safe to say that no two projects have ever been financed in precisely the same way and the number of financing options for any project is limited only by the imagination of the sponsors themselves. The objectives of the project sponsor represent the most important factor in determining the scope of possible financial arrangements. For example, the sponsor may wish to maximize over-all company leverage by isolating each of its projects in separate companies. In so doing, it hopes to facilitate more ventures than would otherwise be the case. These objectives point toward true project financing. Additional objectives may be to develop a number of its properties by joint venture and to reduce the amount of debt on the sponsor's balance sheet. Those sponsors whose objectives include minimizing over-all financing costs will wish to increase the number of financial options and, as a result, will not be so concerned with effecting true project financing. This approach may also provide ""greater certainty that tax benefits are utilized quickly."

Jan 1, 1980

By S. Zador

"IntroductionIn the past decade, metallurgical and mining companies have shown an increased interest in the licensing of technology. When licensing technology, it is usually to the benefit of the parties, to have at least some of the technology to be licensed protected by a patent.This paper is intended to bridge the gap between the engineer in the field of mining, metallurgy and mineral processing who is interested in exploiting an invention commercially, and the patent agent or intellectual property lawyer whom he/she might retain to prepare a patent application and then prosecute the application to obtain a granted patent. It is also intended to encourage the inventor or a small business concern to consider the value of patents in the sale and licensing of technology. The lawyer may subsequently advise and assist the inventor in licensing his/her invention.A brief outline of some of the basic features of the patent system follows. The nature of the information, which the patent professional requires from the inventor to enable him/her to draft a patent application, will also be considered in general terms. Furthermore, various types of licenses which may be drawn up between a licensor of specific technical information and a licensee, will be listed and briefly discussed. No attempt, however, will be made to give a comprehensive and detailed account of the above aspects; the interested reader should consult legal publication and reference books, and patent professionals for further specific information.A granted patent is a document which describes an invention and how to practise it. The claims of the granted patent, figuratively speaking, fence off the intellectual property the inventor regards as his invention. The Commissioner of Patents, representing the Government, grants to the inventor or his assignee the exclusive right of making, constructing and using the invention, and selling it to others to be used, for a limited period of time, in exchange for disclosing the invention to the public. Thus, a patent prevents others from practising the claimed invention but it does not, necessarily, bestow the right to the patentee to practise his own invention. The term of a patent now in Canada and in most of the developed countries of the world, is 20 years from the date of filing the patent application. In the United States the patent term is still 17 years from the date of issuance of the patent. In Canada, the term was changed to 20 years in the new Canadian Patent Act which came into force on October 2, 1989. Any patent application filed prior to that date or granted before it, retains a 17 year life, commencing at the time of grant."

Jan 1, 1991

By A. McIntyre, L. R. Plitt

Both the Bond and the Hardgrove grindability tests are widely used in the mineral industry to measure the ease of the comminution displayed by a material. The Hardgrove test is mainly used for coals, whereas the Bond grindabifity test is mainly applied to hardrock minerals. The Bond grindability has the advantage that it can be empirically related to the energy required for comminution (work index), whereas the Hardgrove grindabifity test has the advantage of being easier to perform. In an effort to establish a valid correlation between work index and Hardgrove grindability, a series of parallel grindability tests were carried out on a wide variety of rocks and minerals. The standard Hardgrove test was modified to allow for materials with a higher density than coal. A new, satisfactory relationship was established which permits rapid estimation of work index from Hardgrove test data.

Jan 1, 1980

By Cristina Echavarría

MAIN POINTS ? The region: opportunities and limitations ? Overview of main issues emerging from MMSD in South America ? Who comprises the local community? ? What are the main challenges? ? Some suggestions for companies to improve their contribution to local sustainable development of mineral rich localities THE REGIONAL CONTEXT 1. The region is a producer of minerals contributing over 20% to world metal production. It consumes only 8% 2. Significant diversity of national contexts-both between countries and within countries 3. Variable but predominant need for strengthening of government and community institutions and governance, especially at the local level 4. Dearth of baseline information for decision making 5. Sustained social spending during early 90?s as a consequence of economic recovery and fiscal policy, produced important advances in education and health 6. Despite government efforts in most countries poverty continues growing 7. Highly inequitable distribution of wealth persists

May 1, 2002

By Joerg Hammerschmidt, Marcus Runkel, Steffen Haus

Given the limited number of new plant construction, focus is turning to the optimization of existing metallurgical roasting plants. To meet the goals of high process efficiency with limited capital expenditure, plant owners are looking for new strategies, including digitization and expert support. As a supplier for numerous roasting, gas cleaning and sulfuric acid plants, Outotec has intensified its effort in recent years to develop solutions to accommodate increasing customer need. This article presents a short review on how Outotec is applying advanced control tools for the fluidized bed industry. Focus will be given on how to transfer the existing technology (used in selected Zinc roasting plants for over a year now) to copper roasting. Outotec has developed the Pretium Roaster Optimizer, a system based on heat and mass-balanced simulation models. Direct experience with this technology will be shared and will highlight similarities to the Partial and Sulfate Copper roasting processes. Pretium detects equipment and plant bottlenecks and provides consistency in process development. The Pretium program combines 24/7 advanced online digitalization tools, along with expert personal support when required. INTRODUCTION Fluidized bed reactors have been used for commercial-scale zinc and copper roasting since the 1950s. While the principles of roasting remain unchanged, over time, the technology has advanced to improve process control of roasting plants. In the past, environmental and safety standards were the driving forces for improvement of equipment and plant design. Today, the emphasis is on plant efficiency and optimization. Another change has come in process control philosophy. While plant control and operation have traditionally been the responsibility of owner/operators, they have now shifted to include both integrated digital tools and specific know-how from engineering companies. This can be seen from the earliest design stages through commissioning and into production, as evidenced by zinc roasting plants in Mexico, Brazil and Turkey.

Jan 1, 2019

By David Ulrich Furrer

Materials and manufacturing processing technologies have played an important role in the development and capabilities of nearly all manmade products. Market drivers for fuel efficient, low cost, environmentally friendly, more capable transportation has given rise to significant materials challenges and subsequent developments. The rate of improvement and implementation of new commercial products can be limited by the rate of new materials and process technology development and qualification. As many materials are being designed for unique requirements and even location-specific unique properties, the implementation of tools and methods to enable rapid characterization and validation of material definitions and design systems must also be accelerated. A review of new integrated material, manufacturing process and component designs, engineering processes and emerging tools and methods will be discussed. The linkage of computational materials science and engineering into component design will also be discussed along with the challenges and opportunities for further growth and application of integrated computational materials engineering (ICME).

Jan 1, 2015

By D. Marotte, M. David

"A new exploration procedure is proposed for volcanogenic massive sulphide deposits of the Abitibi belt. ""Samples"" of acidic volcanic rocks (Si02 > 60%) were compiled from the literature. From the 574 samples collected, 322 were used in each of a number of experiments. Forward inclusion linear discriminant analysis performed on the untransformed geochemical data shows a general depletion in Na20 and CaO along with an enrichment in MgO for a ""proximal"" group of samples relative to a ""distal"" one. The percentage of misclassified samples reaches 20% to 30%, but test sets shows good stability.The exploration procedure was applied to the Normetal deposit, where the authors took 160 samples during the summer of 1977. It quickly leads to the definition of targets for more detailed exploration together with a good recognition of the old known deposit.IntroductionVolcanogenic massive sulphide deposits in the Abitibi belt (Quebec) are mainly found in rhyolites or acidic pyroclastics in the uppermost portion of a calc-alkaline volcanic series (Descarreaux, 1972). The deposits are thought to have formed syngenetically by the action of volcanic hydrothermal exhalations during the waning episode of a felsic volcanic cycle (De Rosen Spence, 1976). Alteration pipes of disseminated sulphides are commonly present. Metal deposition from hot springs, initiating convection cells in a submarine environment, may have been the dominant process in ore formation (De Rosen Spence, 1976)."

Jan 1, 1981

By Trevor McGiddy

"Australia's prosperity relies significantly on income generated from exports of resources and agricultural products. In 1989-1990, coal was Australia's most valuable export commodity, contributing. A $5.7 billion or 14% of all export income.The abundance and quality of its coal resources and the proximity of Australia to the rapidly developing economies of Southeast Asia were significant factors that encouraged export-oriented growth and investment and will continue to do so. On the other hand, the 1980shighlighted the sensitivity of the industry to international changes in supply and demand, currency and socio-political forces.Following many years of disappointing returns for investors, mainly as a result of falling Australian dollar coal prices, resolve will be necessary to maintain competitiveness with resource-rich nations. In recent years, operators, unions and governments have begun to embark on a long overdue rationalization of domestic issues in a bid to increase productivity and reduce costs.The nature of mining operations is also changing; deeper surface mines and the growth of longwall mining will require the development of new technology and skills. Other challenges emerging from the international environmental debate will require that Australia responds appropriately to demands for cleaner fuels, energy efficiency and environmental responsibility.The future development of the Australian coal industry will therefore be influenced by its own ability to become more efficient and mature in the production of quality coal products and through rational international response to environmental questions."

Jan 1, 1992

By F. P. Hassani, M. Hefni, M. F. Kermani

"This study is part of large and an ongoing investigation into the development of a light-weight and highly fluid mine fill for various applications in mining and civil operations. Foam mine fill is the new material proposed for backfilling mines, and is fabricated by mixing stable foam into a mixture of tailings, binders, and water. This paper investigates the effects of both binder dosage and the amount of foam used upon the mechanical and physical properties of foam fill, mainly in regards to compressive strength, porosity and density.Samples were prepared using tailings from a copper mine as the inert material, Normal Portland Cement as the main binding agent, and a foaming agent with a foam generator. Samples were cured for 7, 14 and 28 days and were then subjected to unconfined compressive strength (UCS) testing. Select samples were subjected to mercury intrusion porosimetry, so as to study the microstructural properties. An empirical model was then developed, using a response surface methodology to establish a relationship between the investigated parameters. INTRODUCTION AND BACKGROUNDThe disposal of mine tailings is a significant issue in the mining industry, particularly as mine production increases. Many mines re-use mine tailings for backfilling, which is a method for reducing environmental exposure to tailings, maintaining underground stability, and increasing ore recovery (Benzaazoua, Belem & Bussière, 2002).This paper introduces a new type of backfill called ‘foam mine fill’. This proposed backfill material is similar to cellular concrete, as air bubbles are entrained in cement or lime mortar, resulting in a cellular structure (Narayanan & Ramamurthy, 2000). Air voids can occupy up to 70% of the volume of concrete, which makes it light- weight, and thus can be used for a wide range of civil applications, including backfilling (Tarasov et al. 2010; Panesar, 2013). Unlike cellular concrete, the incorporation of air bubbles into a mixture of tailings, binder and water makes foam fill a potential new backfilling material. Furthermore, a preliminary investigation on foam fill samples found that pulp densities should be optimized before adding the foam, in order to produce consistent samples without foam segregation or losses (Hefni et al., 2014)."

Jan 1, 2015

By J. Bouchard, M. Levesque, D. Georges-Filteau, P. Radziszewski, G. LeBlanc

"Grinding mills are infamous for their extremely low energy efficiency. This paper reports the results of an investigation that characterized energy outputs in industrial grinding mill circuits. It identifies and discusses the potential for recovering energy from grinding circuits. Agnico-Eagle Goldex Division, Mine Canadian Malartic, and New Gold New Afton Mine participated in the study by providing operating data for three semi-autogenous grinding mills and four ball mills. Results showed that on average, 79% of the supplied electrical energy was converted to heat absorbed by the slurry, 8% was lost through the drive system, and approximately 2% was transmitted to the ambient air. Only 9% of the input energy was actually used for grinding. The remaining 91%—wasted as heat—could potentially be recovered using suitable technologies or integrated energy management systems. This topic remains to be further investigated. ¦ KEYWORDS Comminution processes, Energy recovery potential, Grinding mills RÉSUMÉ Les broyeurs sont tristement célèbres pour leur rendement énergétique médiocre. Cet article présente les résultats d’une étude qui caractérise les rendements énergétiques des circuits industriels de broyage et examine les possibilités de récupération d’énergie dans les circuits de broyage. La mine Goldex d’Agnico Eagle, Mine Canadian Malartic et la mine New Afton de New Gold ont participé à l’étude en fournissant des données de fonctionnement pour trois broyeurs semi-autogènes et quatre broyeurs à boulets. Les résultats montrent qu’en moyenne 79 % de l’énergie électrique fournie sont convertis en chaleur absorbée par la pulpe, 8 % sont perdus dans le système d’entraînement et environ 2 % sont dispersés dans l’air ambiant. Seuls 9 % de l’énergie primaire sont, de fait, utilisés pour le broyage ; les 91 % restants (perdus sous forme de chaleur) peuvent potentiellement être récupérés à l’aide de technologies adaptées ou intégrées dans des systèmes de gestion de l’énergie. Cette question demeure toutefois ouverte. ¦ MOTS CLÉS broyeurs, potentiel de récupération de l’énergie, procédés de comminution INTRODUCTION Grinding is largely recognized as a very inefficient process; energy efficiency estimates range from < 1 to 2% (Fuerstenau & Abouzeid, 2002; Tromans & Meech, 2002, 2004) when comparing the input energy to that required for generating new mineral surfaces. Criticizing an “ill definition of the reference for the output energy,” Fuerstenau and Abouzeid (2002) proposed a “more meaningful baseline” would be “the energy for producing new surface area by the ¬mens.” Based on this reference, they concluded that “the ball mill is reasonably efficient energetically,” exhibiting an efficiency of approximately 15% for quartz."

Jan 1, 2019

By D. F. Sangster

"Eight volcanogenic massive sulphide districts in Canada and Japan, ranging in age from Archean to Miocene, were selected for analysis. The study revealed that: {I) each district has an average diameter of 32 km; (2) the districts contain 4 to 20 deposits each, with an average of /2 deposits; (3) the average total base metal content per district is 4.6 million tonnes, with a coefficient of variation of32%; (4) ranked in order of size, the largest deposit in each district contains, on average, 67% of the total metal and the second largest about 13 %. The remaining deposits range downward in decreasing proportions. Empirical observations such as these may be used f or evaluating the undiscovered potential of new districts as well as contributing to a better understanding of the distribution and genesis of this important class of base metal deposits. Previous WorkThe characteristic geological features o f volcanogenic massive sulphide deposits have been described by numerous authors over the past fifteen years and it is now widely accepted that these deposits comprise a major ""deposit-type."" In addition to these geological parameters, however, it is now becoming apparent that volcanogenic massive sulphide deposits show several distinctive grade-tonnage relationships. For example, Singer et al. (1975) demonstrated a slight negative correlation between copper grade and ore tonnage in their sampling of 146 volcanogenic deposits. In a study of 110 Canadian Precambrian deposits of this type, Boldy (1977) showed that the size of the modal deposit is 0.39 million tons, that of the median deposit is 1.40 million tons and the arithmetic average is 6.85 million tons. Moreover, Boldy&apos;s data show that the average grade of combined base metals (Cu + Zn + Pb) for each of the se three deposit-sizes is, respectively, 6.25%, 5.35% and 6.47%. Because the lead content of Canadian Precambrian volcanogeni c deposits is most frequently less than 1%, the total metal grade is effectively Cu + Zn . From Figure 2 in Bold y (1977), it can be seen that 83% of the deposits fall in the range of 0.l to 10 million tons ."

Jan 1, 1980

By Robert B. Parsons

"The Province of Manitoba tabled a Budget on March 11, 1992, which contains some important new initiatives designed to improve the fiscal environment for mining in the province. In addition, the Minister of Energy and Mines has released details of the Mineral Exploration Incentive Program which was originally announced in the 1991 Budget.Introduction""We recognize the important contribution o f mining to the economic activity of our province, including direct and service jobs and export earnings. We are determined to secure its future."" - The Honourable Clayton Manness, Minister of Finance, Province of Manitoba, March 11, 1992.With these words of introduction, Manitoba Finance Minister Clayton Manness announced a number of significant measures aimed at improving the fiscal regime for exploration and mining in Manitoba. At the same time, details of the Manitoba Mineral Exploration Incentive Program (MEIP) were released."

Jan 1, 1992

"Pilot plants for pressure hydrometallurgy represent special design and project execution challenges. Over the past twenty years, Zeton has designed and fabricated a variety of world-class pressure hydrometallurgical pilot-plant facilities for the nickel industry, and this paper discusses design considerations and strategies related to such projects. Project execution methods are also discussed, and guidance is given for the selection of materials of construction and for the selection of appropriate pressure and temperature design points for pressure hydrometallurgical pilot equipment. The paper concludes with a discussion of the need for process similarity with future commercial operations and the realities of pilot-scale equipment.INTRODUCTION The process technology developer or owner and the designer/fabricator of a new pilot-plant facility are faced with some difficult technical choices even after the decision to build a dedicated plant has been taken. A pilot-plant project is usually on the critical path of a large commercial project involving investments many multiples greater than the capital cost of the pilot plant. Schedule savings in the design, manufacture, and commissioning of the pilot plant or in a rapid completion of the experimental program can be disproportionately beneficial to the overall development project. However, inappropriate shortcuts resulting in major oversights can be disproportionately problematic. A number of considerations and suggestions for both the project execution approach and the process engineering design of pressure hydrometallurgical pilot-plant facilities are presented as a guide for potential owners and operators of new pilot-plant equipment and facilities. These suggestions are particularly applicable to the nickel industry, where the majority of our firm’s prior hydrometallurgical experience was obtained. This paper is an update to an earlier publication (Martin, 2004), offering an opportunity for a new generation of metallurgists and engineers to learn the specialist requirements of pilot- and demonstration-scale plant design, which are key functions in the development and commercialization of new processes."

Jan 1, 2017

By E. V. Konopleva, H. J. McQueen

Steels in high variety have been providing strength and ductility for more than a century mainly through complex heat treatments following hot shaping. The economical and sustainable goal was a steel with the two operations combined through applying knowledge of dislocations and strengthening mechanisms aided by new mechanical and microstructural techniques. Primary hot reversing-mill rolling produced static recrystallization (SRX) between every pass to significantly finer grain size. Hot torsion showed that with lay-on temperature and rate of reduction suited to gradual precipitation of minor additions of Nb, the austenite grains would become highly pancaked; the existence of very fine subgrains along the grain boundaries (GB) could be deduced from tests on stainless austenite. The HSLA strip had to be water-jet cooled immediately to prevent SRX at austenite GB and ensuring complete transformation to ferrite avoiding grain growth after coiling. Confirmation on old mills and successful product led to the design of more flexible mills for wider range of compositions and products. A significant one was auto bumpers that reduced crash damage. More crack-resisting compositions were developed for strip welding into line pipe for arctic oil transport. Lower metal consumption and easier fabrication has resulted in more sustainable welded bridging.

Jan 1, 2015

By Maria Agostina Cinellu

Some aspects of the reactivity of the two different kinds of gold(III) oxo complexes [Au2(N,N)2(?-O)2][X]2 [N,N = 2,2&apos;-bipyridine (bipy) (1), 6-alkyl-2,2&apos;-bipyridine (bipyR) (2), R = Me a, CH2Me b, CHMe2 c, CMe3 d, CH2CMe3 e] and [Au2(C,N,N)2(?-O)][X]2 [HC,N,N = 6-benzyl-2,2&apos;-bipyridine (bipyR&apos;) (3), R&apos; = CHMeC6H5 a, CMe2C6H5 b] (X = BF4, PF6) have been studied. Treatment with water converts the unsubstituted bipyridine complex [Au2(bipy)2(?-O)2][PF6]2 (1) and the cyclometallated derivatives [Au2(C,N,N)2(?-O)][PF6]2 (3) into the water soluble monomeric hydroxo species [Au(bipy)(OH)2][PF6] (4) and [Au(C,N,N)(OH)][PF6] (5), respectively. These hydroxo species, likely the intermediates in the formation of the oxo complexes, are quantitatively reverted to the latter ones by reflux in anhydrous solvents. Both kinds of oxo complexes react with PPh3 to give OPPh3, the gold(I) complex [Au(PPh3)2][PF6] and the free bipyridine ligands. The reaction of the dioxo complexes [Au2(bipyR)2(?-O)2][PF6]2 (2a, 2b, 2c, 2e) with different alkenes gives the unprecedented alkene complexes [Au(bipyR)(?2-alkene)][PF6]. The styrene adduct [Au(bipyip)(?2- CH2=CHPh)][PF6] (7) (bipyip = 6-iso-propyl-2,2?-bipyridine c) has been characterized, inter alia, by X-ray diffraction analysis. Organic products arising from olefin oxidation are also found in the reaction mixture.

Oct 1, 2003

By Charlie Jefferson

Main Goal: Resource Assessment 1. Incorporate existing data & results, old process. 2. NEW Quantitative Analysis (Chung and Chen) 3. Try mass balance of U and geochemical tracers 4. Use holistic process approach ?with key foci ?Targeted basin / belt assessments ?Is there as much in the Athabascaas they say? ?Athabasca reference for other basins (Thelon, etc) ?Compare sandstone & volcanic with USA, Kazakhstan etc: do their models apply here? ?Which IOCG systems are prospective for uranium? 5.Consider Groundwater, Environment; 6.Communicate

May 1, 2006

By J. R. Morris, A. E. Ball, G. W. Kuzyk

"AECL Research has constructed an underground laboratory for the research and development required for the Canadian Nuclear Fuel Waste Management Program. The experimental program in the laboratory will contribute to the assessment of the feasibility and safety of nuclear fuel waste disposal deep in stable plutonic rock.In 1988, AECL extended the shaft of the Underground Research Laboratory (URL) from the existing 255 m depth to a depth of 443 m in cooperation with the United States Department of Energy (USDOE). The project, which involved carrying out research activities while excavation and construction work was in progress, required careful planning. To accommodate the research programs, full-face blasting with a burn cut was used to advance the shaft. Existing facilities at the URL had to be modified to accommodate an expanded underground facility at a new depth. This paper discusses the design criteria, shaft-sinking methods and approaches used to accommodate the research work during this shaft extension project.IntroductionThe Underground Research Laboratory (URL), a major geotechnical research facility, has been developed by AECL Research, 120 km northeast of Winnipeg, Manitoba. The URL is part of the Canadian Nuclear Fuel Waste Management Program (CNFWMP), which is assessing the concept of nuclear fuel waste disposal in a vault deep in stable plutonic rock of the Canadian Shield (Hancox, 1986). The URL provides a representative environment to conduct a wide variety of geotechnical research relevant to nuclear waste disposal. Extensive characterization and monitoring programs were carried out prior to construction and will continue during operation. The operating phase experiments began in 1989 and will continue until the year 2CXXl (Simmons, 1990). Figure I shows the present extent of the URL facilities and the proposed future development."

Jan 1, 1991

By Keith Eldridge, Robert Kelly

"Quality management has a/ways played an important role at the Iron Ore Company of Canada; particularly since the early eighties when the iron ore markets favoured buyers as opposed to sellers.Since thot time, IOC&apos;s quality system has evolved from basic quality control to the Deming philosophy and its 14 points, and on through various other phases to the ISO 9000 series.ISO 9002 Registration was&apos; first requested by IDC&apos;s customers and development plans were prepared in 1988. At this time, Quality System Registration was unheard of in the mining sector and TDC found itself struggling with the concept. The 1U!Xt three years saw the company develop a Quality System to meet ISO 9002 in a two phased approach, setting new standards for the mining industry when registration was achieved in December 1991.The company now sees ISO Registration as the cornerstone of its future quality efforts. IOC&apos;s quality system has been integrated with several other initiatives such as loss control and functional training, both of which focus on training and management the workforce to do the job safely, the right way.This paper addresses the steps required to develop a quality system for the mining industry within the guidelines of the ISO 9000 Series and the subsequent integration of other quality related initiatives."

Jan 1, 1994

By S. McPherson, M. Chalkley, R. Ellenwood, W. Nicot

"The Moa JV was formed in December 1994 as a 50/50 joint venture between Sherritt Inc. and General Nickel Company S.A. of Cuba. The joint venture consists of the mine and Pedro Sotto Alba processing plant in Moa, Cuba and the Corefco refinery in Fort Saskatchewan, Alberta, Canada. Throughout its now nearly 23-year history, the Moa Joint Venture has faced a number of global, operational and process challenges. Global challenges have included high input costs such as for fuel oil and sulphur, as well as low nickel prices. Operational and process challenges have included increasing ore haulage distances, decreasing ore Ni + Co grades, and increasing ore impurity contents. For example, increases in impurities such as Mg and SiO2 in the ore result in increasing acid demand in leaching and decreasing solids content of preheated leach feed slurry, respectively. In spite of these challenges, the mixed sulphide production capacity from the Moa Joint Venture has increased from 12,500 to 37,000 t/y Ni + Co since 1994 by judiciously targeting expansion projects and by continuously performing process and operational improvements.INTRODUCTION The Pedro Sotto Alba high pressure acid leach (HPAL) plant at Moa Bay, Cuba has a long history (Maslenitzkiy, 1969; Chalkley, 1996; Carlson, 1960; Roy, 1961; Carlson 1961). The plant was constructed by Moa Bay Mining Company and started up in late 1959 after several years of process development by Freeport Nickel Company, including operation of a 10 t/d plant in Hoskins Mound, Texas and a 50 t/d plant in Port Nickel, Louisiana (Southwick, 2004), as well as development work by Chemical Construction Company (Chemico) to precipitate metal sulphides (Roy, 1955a; Roy, 1955b). The Moa plant had an original reserve of 50,000,000 t of ore, graded at 1.35 wt% Ni, 0.146 wt% Co, 3.70 wt% Si, 1.00 wt% Mg and 4.5 wt% Al. At original design rates of 2,000 kt/y of ore, the design capacity of the plant was around 25,000 t/y Ni + Co as a mixed sulphide product, which would be shipped to the Port Nickel Refinery in Louisiana for processing. In 1960, the plant changed ownership and was restarted in 1961 under Cuban management. Between 1961 and 1989, the plant was also supported by involvement from the former USSR, supplying spare parts and consumables. In 1994, Sherritt Inc. partnered with the General Nickel Co. S.A. of Cuba and formed the Moa Joint Venture. This joint venture includes the mine and Pedro Sotto Alba HPAL processing plant in Cuba and the Corefco refinery in Fort Saskatchewan, Alberta, Canada. Under this partnership, ore is processed in Cuba to produce a nominally 55 wt% Ni and 5 wt% Co mixed sulphide product that is shipped to Canada and processed by Corefco to produce class 1 nickel, high grade cobalt and byproduct ammonium sulphate fertilizer."

Jan 1, 2017

By Robert B. Parsons

"With several hoots of the whistle, Canada&apos;s fiscal engineers are once again cranking up the income tax locomotive, in an effort to inject new stimulus into a stubborn economy. And once again, additional gears, wheels, levers, and other mysterious part s are being added to the already complex machinery in order to accommodate the new push.This time, a significant new mechanism involves a major overhaul and expansion of the investment tax credit system.Although the shiny new devices have considerable appeal to a certain group of potential passengers, one wonders if all of the renewed chugging and huffing is on the right track.IntroductionAs indicated in Tax Notes in the July 1983 issue of CIM Bulletin , the April 19, 1983 federal bud get introduced a number of new measures which would permit investment tax credits and research and development deductions to "" flow through "" from a corporation to another taxpayer."

Jan 1, 1984