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By Manjeet Chowdhry, Qingxia Liu, Phillip Choi, Zhenghe Xu

Computational chemistry methods, such as density functional theory (DFT), are powerful tools to quantify reagent-mineral interactions encountered in sulphide mineral flotation. A quantitative relationship between theoretically calculated parameters based on chemical structure of collectors and their reactivity with different metals/minerals can provide valuable insights for design and development of more powerful and tailor-made reagents offering enhanced metal/mineral selectivity. DFT calculations at B3LYP/6-311++G(3df,3pd) level were employed to elucidate the reactivity of neutral sulphide collector reagents, including thionocarbamates (TC), thioureas (TU), xanthogen-formates (XF), dialkyldithiocarbamates (DTC) and dialkyltrithiocarbonates (TTC) with different heavy metal ions (Cu2+, Zn2+ and Pb2+) in solution. The extent of delocalization of lone pair electrons of heteroatoms (attached directly to C in C=S) over C=S group was found to be the dominant factor in determining the collector’s reactivity. Order of reactivity was established as: TU > TC > XF > DTC > TTC. All the collectors showed superior affinity towards copper followed by lead. Unidentate binding was observed through sulphur atom except for xanthogen-formate for which bidentate binding mode was observed. Effect of nature of substituent groups at N and/or O atom on reactivity of thionocarbamate and thiourea was also investigated. The results obtained through DFT calculations are consistent with the experimental data reported in literature.

Jan 1, 2015

By Chas Kemsley

NO. 6 shaft at Dome Mines, Limited, is an internal shaft going down vertically from the sixteenth, or 2,000-ft., level to the twenty-ninth, or 4,000-ft., level, with loading station and sump below this. It is located approximately 4,600 feet east of No. 3 shaft, the latter being Dome's main shaft through which ail ore, men, and material are handled. The decision to sink this shaft was made in May, 1935, and work was commenced almost immediately. To reach the site of the new shaft, 3,100 feet of cross-cutting, and 1,400 feet of slashing to widen existing cross-cuts, was necessary. On account of the long haul and the large amount of material to be handled, trolley haulage was decided upon and installed as soon as possible to facilitate the removal of waste rock from the crosscut and other necessary excavations. Figure 1 shows a cross-section of the cross cut and the manner in which the trolley wire is supported and guarded. For hanging each individual cross-piece, two holes are drilled into the roof and filled with snug-fitting wooden plugs. Into these, %-in. ragged hanger bolts arc driven by means of a stoper. The bolts are of various lengths to allow for irregularities in the face of the rock, and they have sufficient thread to permit several inches of adjustment for proper alignment of the cross-pieces. These hangers are spaced at 8-ft. intervals except at the curves, where 5-ft. spacing is used. A 2 in. by 6 in. cedar plank is fastened to the cross-pieces directly over the centre of the track. To this the trolley-wire supports are bolted, and 1 in. by 10 in. cedar boards are nailed on each side to act as guards. Two power-supply cables, one telephone cable, and one .Y2-in. conduit lighting circuit are also supported on the trolley-wire hangers, as shown in Figure 1. A 20-in. ventilating pipe and a 10-in. air line are placed as shown, thus acting as a guard to prevent workmen from walking on the track.

Jan 1, 1938

By P. Hajiani

"Feasible and sustainable separation of lanthanides outside of China has been a dilemma for the past few years. The present technique uses REE electrophoretic mobility (Ui) variation in an electrical field to separate them. The present invention relates to a system and a method to separate and refine rare earth elements/compounds produced in hydrometallurgical processes while they are dissolved in an acidic medium, without any intermediate precipitation step. This process uses free-flow electrophoresis to isolate REE from the concentrate simultaneously without any pre-treatment or intermediate steps related to the nature of elements.INTRODUCTIONRare earth elements (REE) invariably occur together in nature, and any given mineral contains several or most of them. Production of high purity individual rare earth (RE) elements/compounds from their ores generally requires two stages of processing, including mineral processing and hydrometallurgy.Depending on the ore, mineral processing and hydrometallurgy treatment of the ore before REEs purification is relatively simple and quite achievable though conventional methods. However, producing individual REE from mixed REs compounds is tremendously tedious. RE processing often requires dozens of steps, each resulting in minute improvement in the complex RE streams. Separating and extracting a single REE requires a great deal of time, resources, and expertise. Today, advanced RE refinery facilities cost hundreds of millions of dollars to build. The high purity RE concentrates are separated into individual REE using solvent-based or ion exchange methods. Although there are several techniques to separate REEs, most of them suffer from different types of drawbacks. For instance, solvent extraction requires a great number of steps to achieve high purity REEs. The process which uses ion-exchanger for separation and refinery operates with low REE concentration in solution which leads to very large liquid volume quantity, bulky tanks, dehydrators, pumps, etc. The low concentration will adversely affect the water consumption as well as other chemicals. Similar chemical properties of those three valent elements do not allow them to be isolated easily one from one another using conventional separation techniques. Solvent extraction has been successfully applied for rare-earth refining (lanthanide, scandium and yttrium) for the past few decades in China. Since then, efforts have been dedicated to develop other techniques which could be applied industrially around the world."

Jan 1, 2016

By Namavari. H., M. Ashouri, M. R. Sarhadi, S. H. Mansouri, A. Sarrafi

The splash phenomenon and its effective parameters in metallurgical converters have been studied thoroughly for decades. The detailed studies of processes such as tuyere blockage, wave formation during air injection, entrapped phases, and also processes which control the formation of bubbles in viscous fluids are not feasible yet. In this research, we have used a converter-shaped vessel made of flexi-glass. Water and oil have been used as matte and slag phases respectively. The effective operational factors responsible for creation of splashing have been studied such as air flow rate, tuyere angles, depth of tuyere submergence, tuyere blockage, density and viscosity of liquids, liquids heights, etc. The results have been found as follows: the amount of splashing increases slowly as air flow rate increases. However, as the air flow rate reaches a critical value (depending on the physical specification of converter) the amount of splashing rises sharply, because the flow of air inside the liquid changes from bubbling into a jet stream; and most of the splashed materials are in the form of filaments instead of droplets. Changing tuyere angle from horizontal towards vertical position will increase the turbulence level on the fluid surface and causes an increase in the amount of splashing. The effect of tuyere submergence is related to the converter opening angle. As the converter opening angle is shifted towards the hood position, the amount of tuyere submergence and splashing will increase. As density of the liquid increases, the number of droplets splashing increases with a decrease in drop size. Therefore, the total amount of splashing decreases. However, as viscosity of the liquid increases, the splashing material increases due to the changes in the splashed material from droplet shape into filament form. The height of liquid inside the converter, depending on the relative height of heavy phase and light phase, is an important parameter regarding splashing. As the relative height of heavy phase to light phase increases the splashing will decrease. The tuyere blockage will cause the pressure in the inlet manifold to increase; and in real cases will increase the splashing. Finally, we have development a model based on dimensional analysis to relate the above parameters in order to calculate the amount of splashed material.

Jan 1, 2007

By Mark Liskowich

When is it the proper time to initiate engagement with various stakeholders, including Indigenous communities? This paper will demonstrate what stage of a project’s evolution is the appropriate time to initiate a stakeholder engagement plan. It will look at aspects to consider when identifying the communities to involve. It will describe the contents of a Stakeholder Engagement Management Plan as well and touch on how tried and true options analyses, such as a Multiple Accounts Analysis can be used to inform the results of the engagement, guide the development of your project and clearly document the engagement process. It will illustrate the benefits of initiating engagement at the appropriate point in your project’s schedule, and the limitations of doing so too early and at later stages of the project engineering. The benefits of this approach can be realized within any legislative Jurisdiction including the Canadian Environmental Assessment Act 2012 and Canada’s new Impact Assessment Act.

Jan 1, 2020

By Mark W. Booth

THIS paper deals with the subject of inbye power as the mechanical . engineer sees it, and invites discussion, particularly from the electrical engineer. At the outset, it will be necessary to clear the ground a little by some definite statements. In this question of compressed air versus electricity for the transmission of power and driving of machinery in underground workings, we must see that there are definite fields that compressed air on the one hand, and electricity on the other, can fill to much greater advantage than the other, and in which there can be little or no direct competition, at least for the present. It is under conditions where these fields overlap, and as to where the line must be drawn between the two, that the respective merits of each must be considered. Steam was the first means used to transmit power from the surface of a mine to drive underground machinery, and so long as distances were short and means possible to ensure fairly efficient use of the steam, and where the fire hazard was not in evidence, it gave fairly efficient service. I have in mind an instance during my own connection with the mines-a duplex pump at the shaft bottom at Princess colliery, driven by steam, and which used the steam compound and condensing; and, but for the mechanical difficulties, it was a not inefficient proposition. The steam was taken direct from the surface boiler-plant through a line down the shaft, and used directly at the pump, being in effect a straight conversion from coal to steam to work done. It was the mechanical arrangement, and failure of the pump in that direction, that led to its removal and replacement by something better in the way of an electrically driven turbine pump. Given modern mechanical arrangements, such as a steam-turbine drive on a high-speed turbine pump, and all other parts made in accordance with best practice in the art of steam generation and use, a steam-driven unit fully as economical would have been obtained. But the central electric supply station, and all that that means or promises (not always the same), turned the scale against steam.

Jan 1, 1936

By R. C. A. Thurston

AT A FATIGUE SESSION organised by the A.S.T.M. in 1949, R. E. Peterson presented a brief introductory paper ( 1) in which lie referred to a discussion on the fatigue of metals which took place in England in 1849, and then proceeded to review some of the subsequent researches concerning the mechanism of fatigue. In the course of the review, he discussed metallograpl1ic studies with single crystals and polycrystalline materials, studies with X-ray methods, and the application of the electron microscope. During that hundred-year period considerable progress was made toward a better under-standing of the nature of fatigue, although it is probable that even greater attention was directed to the more practical aspects of the problem, such as the effects of notches, temperature, corrosion, surface treatment, residual stresses, and so on. Since then there has been an appreciable acceleration in the tempo of the fundamental work, partly influenced by the rapid development of the theory of dislocations, with the result that our knowledge of the mechanism of slip, the initiation of fatigue cracks, and their subsequent propagation, has still further advanced, although it is by no means complete as yet. The present paper is an attempt to out-line the more recent developments in these basic studies, to correlate them when possible, and to draw attention to those directions in which research might profitably be pursued.

Jan 1, 1957

By F. H. Wheeler

CONSIDERING the nature of this audience, I perhaps, in addressing you on the subject of air transportation as related to the mining industry, should speak with tongue in check or at least with some reservation. I know full well that many of you, veterans in the great mineral development in Canada, are perhaps more conversant with the overall aviation picture than I, for aviation to you has been the means to an end, and in many instances has been part and ?parcel in the success of your particular projects, in the form of the initial means of transport. I feel, however, that we in this room today have somewhat parallel geographic interests - yours in relation to what is in the ground, mine in the air - and also in the forests and in the streams - aviation, hunting, and fishing - things which have occupied my attention practically all my adult years. In the light of what has gone. before, and in view of present developments, I think you will agree with me when I say that I do not think there could be a more intriguing pursuit than playing a hand in rolling back Canada's tremendous northern frontiers, even if, at this stage, we have made but slight impression on the untold opportunities which lie in our wide-spread, undeveloped areas.

Jan 1, 1956

By Seong-Taek Lim

Recently, 7xxx aluminum alloys have been evolved into new variants for thick semiproducts which have low amount of 2nd phases and low quench sensitivity. Commercial 7xxx alloys, especially in the thick forgings made of big ingots, often entail microstructural inhomogeneities and concurrent poor mechanical properties due to limited heating ranges and slower quench cooling. In this study, high strength aluminum alloy 7175 and 7050 are adjusted as an attempt to control the equilibrium phases (M-, T- and S-phase) to have optimum microstructure for the thick forging applications. The effects of the relative content of (Zn, Mg, Cu) on the evolutions of the coarse equilibrium phases, hardening response and resultant mechanical properties are investigated. Equilibrium phases (M,T,S) are evolved depending on the constitutional effect, primarily the change of Zn:Mg ratio, and cooling rate following solutionizing. The formation of the T- and S-phases is effectively controlled, and M-phases are homogeneously precipitated in the adjusted (dilute and high Zn:Mg ratio) alloys. It provides extended heating range and lower quench sensitivity than conventional alloys. The attempts ensure the microstructural homogeneity and improved properties, and is expected to be uniquely applicable in 7xxx thick forgings.

Jan 1, 2004

By W. R. Tyson

IT HAS BEEN KNOWN for many years that alloy steels can become brittle when tempered in the range of 350-600°C, or cooled slowly after heating to higher temperatures. The metallurgical literature reveals that blacksmiths were aware as early as 1883 that water quenching was necessary after heat treatment above 600°C to avoid brittleness. It has also been known for years that the problem is associated with trace impurities; a paper in the Journal of the Iron and Steel Institute of 1894 refers to the brittle, faceted fractures that occur in steels containing arsenic, phosphorus or sulphur. However, definitive investigation of the mechanism of embrittlement has been possible only within the last decade with the introduction of new experimental techniques to investigate surfaces, especially Auger electron spectroscopy. It is now possible to study in detail the chemistry of surfaces with a resolution of an atomic layer or two, and enormous progress has been made recently in studying the segregation of impurities to grain boundaries by exposing the boundaries by fracture inside the microscope. A clear picture of the processes occurring and their interpretation is now emerging, as was particularly clear at the recent 1977 ASM Materials Science Seminar on Interfacial Segregation held in Chicago in October. Recent research in this area has pointed the way for commercial exploitation of this new knowledge and experimental technology. It is the purpose of this article to trace progress in understanding temper embrittlement and to indicate other areas where control of interfacial segregation and its effects can be important in metallurgical applications.

Jan 1, 1978

By W. S. Dyer

Introduction In northern Ontario, refractory clay is found on four rivers of the James Bay watershed: the Abitibi, the Mattagami, the Missinaibi, and the Moose. The clay all belongs to the same geological formation ( the Mattagami of Lower Cretaceous age) , and occurs within a structural depression or 'basin', the boundaries of which have never been defined but which appears to cover at least 1,500 square miles of territory. The recently constructed James Bay extension of the Temiskaming and Northern Ontario railway crosses the northeast end of the basin at the Onakawana lignite field, which by rail is 126 miles north of Cochrane, 605 miles north of Toronto, and 60 miles southwest of Moose Factory. Smoky Falls, the northern terminus of the railway owned by the Spruce Falls Power & Paper Company, Limited, is 7 miles south of one other point in the basin, i.e., the outcrops of refractory clay, sand, and kaolin at the foot of Long rapids on the Mattagami river. Smoky Falls is 50 miles north of Kapuskasing. In a very early report(l) , Dr. Robert Bell, of the Geological Survey of Canada, described '"light coloured marl in horizontal beds" from the Missinaibi river, and noted that the lignite also occurring in the river was probably :associated with the marls. This was undoubtedly the Cretaceous refractory day. Other early writers noted the occurrence of fire-clays, but it was not until Joseph Keele(2), of the Geological Survey, visited thee region in 1919 and studied the clays that their real significance was known.

Jan 1, 1933

By S. K. Shaha, W. Kasprzak, D. L. Chen, J. Friedman, F. Czerwinski

The role of solutionizing conditions within the T6 heat treatment of the cast Al-Si-Cu-Mg alloy with micro-additions of Zr-Ti-V was assessed in terms of their influence on microstructure and mechanical properties. As a solution treatment, a single step process at 485 and 510oC and a two-step process at 510 and 525oC for varying time intervals from 0.5 to 9 h, were examined. In all cases, solution treatment was followed by isothermal aging at 150oC for 100 h. The microstructural analysis showed that the solution treatment changed the eutectic silicon morphology from needle-like, present after casting, to spherical shape in the T6 state and that the extent of changes was strongly influenced by temperature and time. The Cu- and Mg-rich phases completely dissolved during solution treatment while the Fe-containing phase, Al8Si6Mg3Fe, remained partially in the microstructure. The Ti, V and Zr containing phases, Al13Si2Ti3Zr and Al3Si26FeTiV10, present in as-cast state, were partially dissolved during solution treatment, reducing their size by 10 - 48%. The studied alloy reached the maximum ultimate tensile strength of 335 MPa and yield stress of 303 MPa for two-step solutionizing with a total time of 4.5 h. It is concluded that the two-step solution treatment resulted in higher tensile properties than the single-step process.

Jan 1, 2015

By W. W. Cummings

The Mineral King Mine, owned and operated by Sheep Creek Mines is located in the Purcell mountain range of southeastern British Columbia. Production of lead and zinc concentrates commenced in 1954 some 60 years after the initial discovery. Low cost mining methods have been employed to extract 16,0C'O tons of ore monthly from large ore bodies formed by replacement in limestone. Extensive areas in the limestone are yet to be explored and success in the search for new ore bodies is anticipated.

Jan 1, 1960

By Stephan I. Zajac, Roger A. Blais, John B. Stubbins

THE iron deposits of central Labrador occur within a relatively small area, herein called the Knob Lake Iron Range, in which a northwest-trending series of low hills and ridges defines the height-of-land at the boundary between provinces of Quebec and Newfound-land. Approximately two-thirds of the deposits are in Quebec and the remainder in Labrador, with several deposits straddling the inter-provincial boundary. These deposits are being exploited in open-pit mines by the Iron Ore Company of Canada centered at Schefferville, Quebec. Since 1954 this company has produced more than 56 million tons of iron ore to become Canada's leading iron ore producer. With indicated reserves of more than 375 million tons of direct-shipping ore and large tonnages of iron formation amenable to beneficiation, this mining district is assured of a long life. This paper describes the Knob Lake iron ores and their geological settings and stresses the features that lead to a better understanding of their origin. The

Jan 1, 1961

By Nobuyoshi Yabuki

Building Information Modeling is a prevailing methodology in the building industry and half (by length) of the world's shield tunnels are in Japan. Accordingly, for shield tunnels from 2005 to 2007, we developed a product model called IFC-ShieldTunnel, which is based on Industry Foundation Classes (IFC), in order to meet the future demand for such a product model. IFC-ShieldTunnel was developed by adding new elements that are specific to shield tunnels and that are not included in the original IFC. The added elements include shafts, segments (A, B, and K types), waterproofing elements, segment joint elements, and ring joint elements. Furthermore, soil layers and void elements were created. Recently, we updated the product model by re-organizing the entities and correcting errors. We deployed the updated IFCShieldTunnel model in the construction of an actual shield tunnel in Tokyo for about a year from August 2010 in order to check its feasibility. In the verification process, first, segments were modeled using Autodesk Revit Structure 2011 and property data were assigned to each segment element. Next, a mapping between the original attributes of the entities of IFC and properties of IFC-ShieldTunnel segments was developed. Using this mapping and IFC?s IfcBuildingElementProxy function, we were able to convert the IFC data from Revit Structure 2011 to IFC-ShieldTunnel automatically. Segment data were also converted from Revit Structure to Google SketchUp by IFC-ShieldTunnel. Furthermore, the construction scheduling and cost data were converted from Revit Structure to EXCEL for 4D and 5D analyses of construction. We interviewed engineers who used IFC-ShieldTunnel and received positive comments about the utilization of the product model. Overall, our test demonstrated the feasibility of IFC-ShieldTunnel. In future work, we plan to apply IFC-ShieldTunnel to more projects and test its practicality.

Aug 1, 2013

By Rosie Moore, Harvey Keats, Kerry Sparkes, A. J. Naldrett

"Abstract-The Voisey’s Bay Ni-Cu-Co deposit was discovered in late 1994 as the result of prospecting initiated in the summer of 1993. By July 1995, proven mineable reserves were 31.7 x 106 tonnes grading 2.83% Ni, 1.68% Cu and 0.12% Co, and current total resources in all categories are quoted to be in the order of 150 X 106 tonnes. The deposit is associated with a body of troctolite belonging to the Nain Anorthosite (1.35 Ga - 1.29 Ga) suite, which was emplaced across the boundary between the Proterozoic "Rae" Province to the west and Archean "Nain" Province to the east.The deposit can be described in terms of three geological settings. The "Ovoid" is a 600 m long by 350 m wide by 100 m deep lens of massive sulfide, covered by 10 m to 20 m of glacial overburden, and separated from the underlying country rock quartz-plagioclase-biotite gneiss by a breccia of gneissic fragments in troctolite known as the Basal Breccia Sequence. To the west of the Ovoid lies the "Western Extension", comprising disseminated and massive sulfides in a north-dipping sheet of troctolite which ranges from upper unmineralized troctolite down through troctolite with increasing amounts of sulfide (up to 50%), to massive sulfide (in some places only), and then to Basal Breccia Sequence. East of the Ovoid, the troctolite sheet broadens out into a troctolite intrusion, within which occurs the "Eastern Deeps", a zone of massive and disseminated sulfide up to 100 m thick that is currently being explored. The mineralization of the Eastern Deeps lies along the line of intersection of a feeder sheet with the base of the intrusion. The current interpretation is that the three geological environments represent different erosional levels through a single mineralized intrusion. In this model, the deepest erosional level lies to the west and exposes the feeder to surface, whereas the Ovoid represents the base of the intrusion at surface, and the Eastern Deeps the base of the intrusion overlain by 600 m to 900 m of troctolite. Sulfides and gneissic fragments were brought up by magma flowing quickly through the feeder, and settled out where the flow rate decreased as the sulfide-bearing magma mixed with magma already emplaced in the intrusive body."

Jan 1, 1996

Automation Defined ?Using self-operating equipment to reduce human exposure to the mining environment and routine or repetitive work.?-Atlas Copco Terminology: ?Manual Operation ?A vehicle being operated by a person ?in the cab?. ?Radio Remote Control (RRC) ?A vehicle being physically operated by a person through a Line Of Sight (LOS) or Video-Remote equipment. ?Tele-Remote Control ?A vehicle being physically operated by a person at an operator station which is not necessarily located near the vehicle?s working area. ?Autonomous Operation ?A vehicle under self control with the possibility of human supervision and override.

Oct 1, 2010

By F. H. Samuel, H. Tahiri, S. Valtierra, H. W. Doty, A. M. Samuel

L'affinage des grains dans les alliages d'aluminium consiste à augmenter le nombre de sites de cristallisation de la phase a-Al afin d'obtenir une structure fine. Les alliages mères de type Al-Ti-B sont largement utilisés comme raffineurs des grains. Cette étude a pour but d'établir des mécanismes convenables d'affinage des grains dans l'alliage A356 en utilisant cinq alliages mères et deux températures de coulée (750°C et 950°C). Les résultats montrent que la phase a-Al prend une forme selon l'alliage mère ajoute; les échantillons coules a haute température montrent une taille de grain plus grosse; les températures de germination et de croissance augmentent avec I' augmentation du Ti ou du B et la taille des grains diminue. L'alliage mère Al-4%B montre une puissance remarquable en comparaison d'autres alliages mères. Pour cet alliage mère, le titane résiduel dans l'alliage A356 réagit avec le bore pour former TiB2 qui, par la suite, agit comme un germe actif pour la phase a-Al.

Jan 1, 2006

By Michel Dostie

Un séchoir à vis chauffé par induction électromagnétique a été développé et implanté chez Mines Niobec pour le séchage d?un concentré de niobium. Ce séchoir a permis une réduction des émissions de poussières et des gaz à effet de serre de l?usine. Il offre une grande souplesse de contrôle, une meilleure efficacité énergétique et peut être utilisé pour le séchage de granulats, de poudres ou autres substances habituellement traitées dans un four rotatif ou à l?aide de vis chauffées par un caloporteur. Le principe de fonctionnement du séchoir est simple. Trois inducteurs opérant à la fréquence du réseau électrique assurent le chauffage des parties métalliques du séchoir, dont des vis qui servent à convoyer le matériel. Le contact du matériel avec les parties métalliques chaudes permet le transfert de l?énergie requise pour le séchage. La conception de ce type de séchoir requiert un équilibre adéquat entre les besoins associés au chauffage par induction et ceux liés au transfert de chaleur par contact et au transport du matériel dans le séchoir. Cette première implantation industrielle a nécessité des efforts de développements importants et une collaboration des différents intervenants. Une revue des principes de conception, des difficultés rencontrées et des performances obtenues sera présentée.

May 1, 2007

By Deborah McCombe

"and Bill Roscoe, Consulting Geologist and Principal with Scott Wilson Roscoe Postle AssociatesMineral property valuations are carried out for a variety of reasons, such as mergers and acquisitions, non-arm’s length transactions, initial public offerings of stocks, support of audited financial statements, fairness opinions, determination of vendor considerations, litigation, expropriation, income tax matters and insurance claims.The CIMVal Committee was formed in 1999 to review and advise on approaches to the valuation of mineral properties. CIMVal is a special committee of CIM formed on the recommendation of the Mining Standards Task Force of the Toronto Stock Exchange and the Ontario Securities Commission.After solicitation of views and consultation with various interested parties, the CIMVal Draft Standards and Guidelines for Valuation of Mineral Properties were released for comment in February 2002 and were finalized in February 2003. CIMVal’s objective was for the standards to be used by the mining industry in general and to be adopted by Canadian securities regulators and Canadian stock exchanges. To that end, the standards contain many of the definitions and concepts of National Instrument 43-101, Standards of Disclosure for Mineral Projects, which came into force in February 2001.The intent of the CIMVal Standards and Guidelines is that mineral property valuations be carried out by appropriately qualified individuals and that all relevant information be fully disclosed. It consists of two parts: standards, which are mandatory in the valuation of mineral properties, and guidelines, which elaborate on the standards and provide guidance and recommendations for the valuation process and for reporting."

Jan 1, 2003