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By R. Tessier, C. R. Larsen

"INTRODUCTIONOn November 10, 1982 Nor and a Inc signed an agreement with Golden Sceptre Resource Ltd. and Goliath Gold Mines Ltd. to construct a mine and milling facility.The Golden Giant mine is located in the Marathon area of north - western Ontario, immediately north of Highway 17 and about- 3.5 km west of Highway 614.With the exception of selected unit processes, the mill was designed for a nominal throughput of 2500 tonnes per day with early operating data to be used to identify sections requiring possible expansion to achieve an ultimate throughput of 3000 tonnes per day.Commissioning of the highly instrumented milling complex which includes crushing, grinding, cyanidation, and carbon in pulp processes commenced in February 1985. After water testing various sub-circuits from grinding through tailings, waste ore was introduced to ensure proper mechanical and electrical operation of process equipment.The first ore was milled as a mixture with waste on March 4, 1985. The first gold bullion was poured April 6, 1985.Initially, ore was only available from mine development at a rate of 700 t/d, which was milled at a minimum rate of 1200 t/d. While regular weekly shut downs of two to three days was useful for mechanical maintenance, changes, and modifications, process tuning was more difficult due to the non-steady operation. As increased quantities of ore became available, regular weekly shutdowns tapered off and process operation improved accordingly. For testing purposes and as ore was available, mill throughput was increased regularly to 2300 t/d and for very short periods of time to nearly 3000 t/d.No major design or operating problem has been encountered to date. The following is a brief description of the milling process and various operating highlights. Process flowsheets are shown in Figures 1 through 6."

Jan 1, 1986

By D. E. Pickett, J. A. Roland Faucher

"INTRODUCTIONMineral processing is undergoing growth and change at a rapid rate. The modern flotation process was discovered only in the mid-twenties, and uranium leaching in the mid-fifties. The growth of individual unit equipment size is also a recent development and is perhaps most dramatically illustrated by the increase in size and connected horsepower in grinding mills. It is also apparent in much of the equipment used in mining operations.These technical and mechanical developments have influenced the design of plants but not to the expected degree.Many metallurgists believed until recently that grinding an ore in the absence of steel results in a loEs of selectivity in the flotation. However results reported by Thornton (1), Fahlstrom (2), Canmet (3 & 4) have shown on the contrary better selectivity and improved recovery at a lower operating cost. According to the Aitik (2) plant results, the net difference in cost plus tailing value in favour of the two-stage autogeneous grinding circuit is in the order of 40 cents per ton of ore milled. Even a greater difference was indicated by the results obtained by Canmet on a sample supplied by Mattagami Lake Mines Ltd.Yet how many plants are taking advantage of these findings and how many plants are being converted. How much more improvement of the results would have been obtained if these tests had incorporated optimization of classification efficiency? By nature the mining industry and the mineral processors are conservative, and tend to emphasize the possible penalties for an unsuccessful innovation out of proportion to the potential rewards even for a significant improvement."

Jan 1, 1979

By Steve Wilkinson

"""Techniques for coarse-particle beneficiation of some gold ores and methods for determining potential for sorting any gold ore deposit.""With the advent of high speed computers, laser technology end different types of electronic sensing devices, ore sorting machinery has been developed, capable of handling significant tonnage rates while maintaining high level efficiency. Gold ores may be amenable to coarse-particle beneficiation where there exist measurable criteria upon which there can be recognition of auriferous versus barren lumps in the run of mine. Three types of criteria are suitable for sorting and are:i) Photometric - optical variance between ore and waste such as vein ores hosted by barren country rock;ii) Conductivity/Magnetic - based upon the metallic mineral content of ore end waste, and its association with Au, such as found in sulphide/arsenide Au ores,iii) Radtometric - detection of natural gamma activity occurring with uranium-bearirig gold ores.The method for determining the sortability of an ore depositconsists of, at least, three stages:i) Initial stage identification of ore and waste types,mineralogical/petrographical associations,amount of dilution in P.O.M.establishment of any sorting criteria]"

Jan 1, 1985

By A. E. Aho

"The Pacific Nickel property lies 7 miles northwest of Hope and 100 miles east of Vancouver, in the Coast Mountains of southwestern British Columbia. Nickel-copper sulphides were discovered in ultrabasic rocks on this property in 1923 and the deposits were explored by Pacific Nickel Mines until 1937, then again between 1951 and 1954 by Pacific Nickel Mines and by Newmont Mining Corporation through its subsidiary,Canadian Ore DepositsWestern Nickel. The property was studied by C. E. Cairnes (1) in 1924, by W. E. Cockfield and J. F. Walker (2) in 1933, by H. C. Horwood (3), (4) in 1936 and 1937, and by the writer in 1951 and 1952. Except for a few thousand tons for trial shipments, the property has never been mined. Indicated ore reserves now total somewhat over one million tons averaging about 1.4 per cent nickel and 0.5 per cent copper, with lesser values in precious metals and cobalt.GEOLOGIC SETTINGThe nickeliferous ultrabasic rocks form part of the core of a 15-milewide block of Late Palæozoic metamorphic rocks and Mesozoic intrusives which extend north-south between the coast batholith of British Columbia and the Chelan batholith of Washington. Margins of this block are faulted in part against less metamorphosed volcanic and sedimentary rocks largely of Jurassic and Lower Cretaceous age (Geo/. Surv., Canada, Map 737 A, 1942). Serpentinites, suggestive of deep transgressive structure, occur within the block, and also at its east margin along faults which are southern extensions of the regional Yalakom-Fraser River fault zone. Some of the other mineral deposits in the Hope area appear to be spatially related to these major faults.The mineralization at Pacific Nickel occurs almost exclusively within a stock-like mass of ultra basic rocks which mingle with, and partly cut, a larger batholithic mass of genetically related diorites and norites of late Mesozoic age (Figure 1 ). The ultra basic mass consists essentially of fresh, medium-grained hornblendic pyroxenite with peridotitic cores and with a remarkable margin of pegmatitic hornblendite. The most hornblendic rocks appear to be chiefly products of reaction and replacement of the pyroxene and olivine rocks. The mineralization consists of disseminated and massive pyrrhotite, with subordinate pentlandite and chalcopyrite, amongst fresh olivine, bronzite, and, Jess commonly, augite and hornblende. Both the ultrabasics and mineralization are cut by small hornblenditic and dioritic dykes, and by veins and alteration zones."

Jan 1, 1949

By G. E. Norman, J. F. Jackson, A. L. Mckague

"The treatment of nickel-copper concentrate in the new smelter at Falconbridge Nickel Mines Limited, Falconbridge, Ontario, is described. The concentrate in a slurry form is partially roasted in a fluid-bed roaster and the calcine is smelted in an electric furnace. The roaster gases are treated in an acid plant. IntroductionSmelting began at Falconbridge in 1930 with the first blast furnace treating high-grade ore containing 2-3% nickel. In 1933, the Falconbridge concentrator was built and started producing a bulk sulphide concentrate containing 4% nickel. A sinter plant was built to agglomerate and partially roast this concentrate. The sinter was smelted in blast furnaces along with high. grade magnetic ore. Matte from the furnaces was treated in Pierce-Smith converters to produce shipping matte which was refined at the company's plant in Norway."

Jan 1, 1980

By D. Komljenovic, J. Paraszczak

"This paper presents the use of queuing theory in truck fleet sizing in open pit mining operations. In the first part, a methodology is developed by which an optimal ratio between the size of shovels and trucks may be determined. The second part gives the fundamentals of the queuing theory and its application in analyzing shovel and trucks. The stochastic character of involved times (loading, truck cycle, etc.) is taken into consideration. Using the above theory, the optimal truck fleet size in actual conditions may be estimated. Minimal operating cost of the working system (shovelstrucks) represents the basic requirement of the analyzed process. The methodology was validated on Caterpillar front-shovel – truck combinations. IntroductionLes camions représentent probablement les équipements les plus utilisés pour le transport dans les mines. Le coût de transport peut parfois atteindre 50 % du coût d’exploitation et 25 % du coût total (Collins, 1996; Kennedy, 1990). Il est critique pour une opération minière de le minimiser. C’est un sujet qui a été traité relativement souvent dans la littérature spécialisée. Les premières applications informatiques dans l’industrie minière ont été développées pour la détermination du temps de cycle des camions.Au fil des ans, la capacité des camions a augmenté et, aujourd’hui, les plus gros manufacturiers de camions (Caterpillar, Orenstein & Koppel, Euclid, Terex, Unit Rig, Komatsu, Liebherr, Belaz) fabriquent des camions ayant une capacité de 200 t et plus dont quelques-uns d’une capacité supérieure à 320 t. Pour les plus gros camions, le coût d’opération peut même dépasser 240 $US/heure dans des conditions modérées (Caterpillar, 1999). Les mines modernes de grande taille peuvent posséder plusieurs dizaines de camions dans leur flotte."

Jan 1, 2004

By D. Komljenovic

This paper presents the use of queuing theory in truck fleet sizing in open pit mining operations. In the first part, a methodology is developed by which an optimal ratio between the size of shovels and trucks may be determined. The second part gives the fundamentals of the queuing theory and its application in analyzing shovel and trucks. The stochastic character of involved times (loading, truck cycle, etc.) is taken into consideration. Using the above theory, the optimal truck fleet size in actual conditions may be estimated. Minimal operating cost of the working system (shovels-trucks) represents the basic requirement of the analyzed process. The methodology was validated on Caterpillar front-shovel ? truck combinations.

Sep 1, 2004

By G. Paquet, E. Godin

"Since the mid fifty's, worlwide pellet production capacity has constantly risen (Fig. 1, Ref. 1 l. There was however at that time no real incentive to decrease production costs but only to produce as many pellets as possible. State of things changed with the iron and steel market recession, starting in 1975, and is currently leading producers to improve pellet quality and to reduce fuel and power consumption.At the Port-Cartier pellet plant, the energy needed for the induration of pellets ranks first in overall operating costs. An important step was made when starting admixing coke breeze in 1980. Oil prices justified the use of coke breeze as a direct replacement in terms of dollar/ton, however, while gaining expertise in using solid fuel a significant decrease in energy consumption was observed (Fig. 2, Ref. 2).In 1985, the ""Centre de Recherches minérales"" was commissioned to undertake research work to investigate the effects of further increasing coke addition to the pellet mix. The positive results of that work led to a 1,5% coke addition plant trial during the fall of 1985. Both laboratory and industrial results are discussed in this paper."

Jan 1, 1986

By R. Heikkilä

Today road construction sites utilize more and more information modeling in design phases as well as model based 3-D machine control systems in site operations. For main contractor, the management and control of all the site operations is a demanding task including also many challenges created by continuously developing new technology. In the paper, the main requirements for successful dynamic site management are introduced. The dynamic management means real-time possibilities for information acquiring, transfer and further utilization of the information in the management. An integration model to expand the current way of management and the utilization of present 3-D machine control systems is introduced. Different practical test results using two new different dynamic management systems are presented and evaluated. The first experiments and the results have been provided using the prototype system developed in a research project called DigiINFRA by the University of Oulu and Technical Research Center of Finland. Also, there have been tested a new commercial management system developed recently in Finland. In the conclusion, an expectation for the next generation for more dynamic road construction management methods is concluded.

Aug 1, 2013

By M. B. McClenaghan

"This paper summarizes diamond exploration techniques used in glaciated terrain, focussing on indicator mineral and geochemical methods applied to glacial sediments. Understanding the ice flow history, depositional history, and stratigraphy of glacial sediments is essential to successful sampling, interpretation and follow-up of indicator mineral and geochemical anomalies related to kimberlites. Kimberlite indicator minerals survive glacial transport over long distances and the relative abundance of each mineral in till is a function of the primary mineralogy of individual kimberlites. Indicator mineral distributions observed at a regional scale define the net effect of glacial dispersal, often along different ice flow directions. Local-scale distributions define individual dispersal trains. The medium sand (0.25 mm to 0.5 mm) fraction of heavy mineral concentrates, * GSC Contribution No. 2002028 prepared from glacial sediment samples, is best suited for indicator mineral surveys. The application of till geochemistry to diamond exploration is increasing because it is significantly cheaper than indicator mineral analysis and it can be performed quickly. The <0.063 mm (silt+clay) and 0.5 mm to 2.0 mm (coarse sand) fractions provide the best geochemical contrast between background and kimberlite-rich till. Kimberlite pathfinder elements that provide good contrast include Ni, Cr, Ba, Co, Sr, Rb, Nb, Mg, Ta, Ca, Fe, K, Ti and LREE, the relative importance of which will depend on kimberlite composition and that of the surrounding bedrock.IntroductionIn Canada, glacial erosion is the principal means by which kimberlite and its associated minerals have been dispersed, from a few tens of metres to tens of kilometres down-ice. Post-glacial weathering has had little impact on kimberlite debris in the glacial sediments, thus boulder tracing, indicator mineral methods and trace element geochemistry of the fine fraction of till (“drift prospecting” methods) can be used to detect kimberlite dispersal within areas covered by glacial sediment. This paper provides a summary of drift prospecting methods for kimberlite exploration in glaciated terrain, and includes examples of reconnaissance- , regional- and local-scale kimberlite indicator mineral and till geochemical distribution patterns.Weathered kimberlite is more susceptible to glacial erosion than the surrounding bedrock, thus many kimberlites in glaciated terrain are found in low or swampy ground, under small lakes, or covered by thin (< 1 m) to thick (>50 m) glacial sediments. Glacial erosion has removed varying amounts of the pre-glacially weathered kimberlite and, in some cases, the hard competent kimberlite below. For example, glacial erosion of the Peddie, McLean and Seed kimberlites near Lake Timiskaming, Ontario, removed pre-glacially weathered kimberlite, leaving a polished striated subcropping surface (McClenaghan et al., 1999a). In contrast, glacial erosion of the B30 kimberlite, near Kirkland Lake, Ontario (Fig.1), was much less vigorous and left a >10 m cap of soft and highly weathered dark green clay-rich kimberlite (McClenaghan et al., 1996). The thickness of remaining pre-glacially weathered kimberlite will influence the geophysical signature of the kimberlite."

Jan 1, 2002

The Discrete Element Method (DEM) is a powerful tool for analysing the flow of charge, the energy consumption and the pattern of energy utilisation of a SAG mill. With the development of laser scanning measurement, the detailed internal working surfaces of a SAG mill can now be included in DEM models. Using scanned results for new and worn shell liners for a 32? (9.75 m) SAG mill, it is shown that the feed and discharge lifters have significant effect on the flow of the charge introducing significant threedimensionality. The effects of the resolution accuracy of liner geometry and the lower cut-off of the rock size distribution are explored. Finally, using a matched new and end of life worn liner and operating conditions taken from site surveys, the effect of wear on charge motion, distribution and energy utilisation are evaluated.

Jan 1, 2012

By D. G. MacBeth

Most belt scales on the market are factory calibrated to minimum accuracy figures of 0.1% - 0.2% at several load points. However, if the same belt scale is not properly installed and maintained on the customers conveyor then the scale will not measure up to the claims of the manufacturer or to the requirements of the operator.

Jan 1, 1975

By C. G. Bruce

"ON NOVEMBER 15th, 1950, the Department of Mines and Technical Surveys announced the discovery of vermiculite near Perth, Ontario. The announcement followed nearly a month of study to determine so far as possible the potentialities of the deposit and quality of the material from surface indications. The mineral was identified by the writer in the field among samples submitted by Mr. Arthur Powers of Stanleyville or, September 22nd, 1950. Within a week of the announcement, mining rights to properties covering a major portion of the deposit had been acquired by commercial interests.Hitherto, Canada has had to import her entire requirements of vermiculite. Prospects of .a domestic supply gave promise of considerable benefit to many industries, particularly the building industry, and to the consumer public. Should the deposit •prove large enough there was also the possibility of exporting to centres in the United States.Field and laboratory studies were continued at the Mines Branch during the winter of 1950-51 as opportunity occurred. It is the purpose of this paper to describe the results of these •preliminary investigations, to attempt to present the Stanleyville occurrence in its proper perspective with regard to similar occurrences elsewhere, and to review the salient features of the vermiculite industry.Properties and UsesVermiculite is a hydrated magnesium aluminum silicate. In appearance it resembles mica, having the same micaceous cleavage, but it differs from that mineral in being very soft, pliable, and inelastic. Colours range from black through dark olive-green and brown to almost colourless."

Jan 1, 1952

By Timothy R. Eby

"The Wabush Mines project was formed in 1956 to develop a large iron ore property in Western Labrador. The town of Wabush along with the mining and concentrating facilities are located 640 air miles from Montreal, and 734 air miles from St. John's. The operation has been in production since late 1964.While mining and concentrating operations are located in Labrador, the pelletizing facilities are situated 275 miles south at Sept-Iles, Quebec. Dedicated in 1965, Wabush produces six million tons of high quality iron ore pellets annually. The company employs 1, 550 people at Wabush and the Pointe Noire plant at Sept-Iles.Wabush Mines is an unincorporated joint venture of three companies -The Steel Company of Canada, Dominion Foundries and Steel Ltd. and the remaining 58% by the Wabush Iron Co. Ltd. Wabush Iron Co. Ltd. is in turn owned by six companies: The Youngstown Sheet & Tube Company, Inland Steel Company, Interlake Inc., Wheeling Pittsburg Steel Company, Finsider International S.A. and Pickands Mather & Company which is also managing agent.The town of Wabush is set in a remote part of Northern Canada accessible only by rail and air transportation. But this in no way has hindered the growth and development of the area. Modern housing units, shopping facilities, airport and of course, recreational facilities are all patt of every day living amenities, an accepted aprt of southern communities, but quite unique for northern isolated mining localities."

Jan 1, 1978

By P. W. Godbehere, B. W. Brooks

"This paper deals with the milling of slags from the Noranda Continuous Process, in the Horne Concentrator at Noranda, Quebec. The milling of copper slags, although novel in Canada, has been practiced in Japan, Finland and elsewhere for several years.In March 1973, the prototype Noranda Continuous Process furnace or ""reactor'' came on-stream, In this pyrometallurgical process (see Fig. 1), copper concentrates mixed with flux are smelted in a single furnace to form copper or a high grade copper matte, and slag. The conventional smelting processes of roasting, reverberatory smelting and converting have been incorporated in a single 17 ft. diameter by 70 ft. long steel cylindrical vessel (l, 2). The copper or matte is tapped from the bottom of the reactor into ladles and transferred to an anode furnace or to a converter. The slag is tapped into 40 ton capacity ladles, cooled, crushed, and conveyed to the concentrator. At the present time, the reactor is operated to produce matte. The matte slag* containing 4 - 6 per cent copper is milled using conventional ore dressing grinding and flotation equipment. A flotation concentrate assaying 35 - 40 per cent copper is recycled to the reactor. Crushing, conveying, grinding, flotation and tailing disposal equipment previously used for over 40 years for ore treatment has been modified to suit the requirements of slag milling. Slag milling is essentially the scavenger circuit of a pyrometallurgical process."

Jan 1, 1977

By James Dickson

Brief History of Discovery and Early Development In the first half of the nineteenth century, the only authority on the Pacific coast between the Columbia river and Alaska was exercised by the Hudson&apos;s Bay Company, who had established a series of forts and trading stations on the coast from the Columbia north to Millbank sound. The Hudson&apos;s Bay Company were chiefly interested in the fur industry, and the large influx of settlers from the eastern United States into the territory now known as the States of Oregon and Washington, about 1840, not only interfered with the fur business but involved the question whether the territory should be under the British or the American flag. Anticipating the possibility, later realized, of losing control of this area, the Company, in 1845, established their main fort and trading centre on the southern end of Vancouver island under the name of Fort Camosun; shortly afterwards changing the name to Fort Victoria. Realizing that their former policy of discouraging all attempts to develop any other business than the fur industry had lost them several hundred thousand square miles, the Hudson&apos;s Bay Company now set about encouraging settlers in the vicinity of Fort Victoria by disposing of lands to suitable parties and also to those in the employ of the Company. The usual pioneering stage was passed through with the starting of small sawmills, grain mills, etc., and the incidental work accompanying such efforts. Any coal required for blacksmithing or other purposes was brought from England around Cape Horn by the few ships that visited the Pacific Coast. About 1849, an Indian who was having his gun repaired by a blacksmith in Fort Victoria asked about the "black stones" used in the fire and, on being told that the "black stones" had to be brought a great distance, he informed the blacksmith that there was plenty of the same stone where his people lived. This information was immediately given to an official of the Hudson&apos;s Bay Company who talked with the Indian and told him that if he would bring some of the "black stones" he would get his gun repaired free and a present of a bottle of rum. Nothing more was heard of this coal until April of the following year, when the Indian came into Fort Victoria with his canoe loaded with coal, which was tested and found to be of good quality. It is reported that the Indian got his bottle of rum.

Jan 1, 1935

By W. L. Hunter

The preparation of coal for the commercial market is a study both varied and wide, and can be viewed from many angles and in different ways. This short paper can but touch upon the subject and is intended to discuss briefly preparation plants which in some cases would seem to be quite inadequate. The conditions confronting most operators are similar, inasmuch as the existing plants were not built specifically to prepare a product for the market of today, but rather of yesterday. The tremendous strides made in the field of combustion in recent years require that the product be of the highest grade procurable, and in a glutted and somewhat restricted market the buyer may be more pernickety than otherwise. These would appear to be the conditions of today. Where a mine is operated individually, better all-round results seem more readily procurable than in a consolidated effort where so many different conditions are sure to arise demanding cognizance, and in many cases requiring to be incorporated in the scheme of things. In the case of a number of mines being administered to form a central source, that source not having had anything to do with the bringing into being of the institutions over which it presides, we find some of the mines well equipped with facilities to properly screen and load the coal, while in others the facilities are not so good, but are doing their share towards delivering a product that will pass muster and in such quantities that they can be counted on.

Jan 1, 1930

By G. H. Babcock, D. A. Knight, V. G. Medina

"Production commenced at the Golden Sunlight Mine in 1983 and at Kidston Gold Mine in 1985. These projects were both constructed under the management of the Placer Dome Inc. (Technical Services) group of Vancouver, B.C.Golden Sunlight uses a conventional rod mill/ball mill grinding circuit while Kidston uses a SAG /ball mill, and later on, SABC circuit. Since the hardness of the ore and the fineness of the primary grind in both mines are about the same, a meaningful cost comparison can be made. The comparison is made on the basis of capital and operating costs.The result of this study indicates that a significant capital cost savings can be achieved in favour of the SAG /ball mill circuit when the ore is amenable to semi-autogenous grinding. With a good maintenance program, the operating cost for the SAG /ball mill circuit could also be lower that the conventional rod mill/ball mill circuit.HISTORYGolden Sunlight MineGolden Sunlight is a 5 530 t/d gold mine located near Whitehall, a small town 60 km east of Butte, Montana. Originally optioned by PDI U.S. in 1958, the development of the property waited until 1981 when economic conditions became favorable for the project to proceed.Semiautogenous grinding tests were conducted during the final stages of the feasibility study. The hard near surface ore was not quite amenable to semi-autogenous grinding. The best result produced from a series of tests using a 1.83 m diameter mill was a semiautogenous work index of 39. This is substantially higher than the 22 Bond work index of the sample used in the testwork. A conventional SAG/ball mill circuit for this ore will be extremely inefficient, and for this reason, this circuit was rejected in favour of a conventional rod mill/ball mill circuit."

Jan 1, 1991

By D. Ingram

"PRIMARY DUST COLLECTOR A. 42,000 CFM James Howden Fan Z-6 Size 3650 Fan Dia 40"" HP 75It was found that the fan was not large enough to remove the air that was displaced by the trucks dumping. So it was removed and an enclosure was installed to isolate the gyro from the rest of the building.B. FANSJames Howden Fans Model RPM 3500 Series 357 FW HP 10These fans were installed when the first dust system was put into operation. It was found that the high RPM and extreme fan wear caused a major maintenance problem. These fans were replaced with Chicage Blowers Model SWS1 RPM 1180 Dia 36"".DRY CYCLONE COLLECTORS A.,Three four foot rubber lined cyclones. Four six foot rubber lined cyclones.All under flow. Water is controlled manually and gravity flows to a central sump box. From there it flows to the grinding circuit in the Mill.Cyclone under flow product runs between 100 and 200 tons of dust per 24 hours with a screen analysis 30% + 400.The cyclone under flow product is diluted to about 3 to 4%. Solids total gallonage approximately 400.B.,Elbair Wet Scrubber125 HP RPM 56042,000 CFM,Model PX861The Elbair collects the total product from the discharge. Of the Cyclone fans the under flaw goes to the Mill - the Elbair discharges stack goes to atmosphere.The Elbair wet scrubber had to be redesigned in order to keep it in service."

Jan 1, 1976

By Robert B. Parsons

"Once all the hullabaloo about Finance Minister Wilson&apos;s April 27 budget died down (or was it an April 26 budget?), the pain of the budget papers began to sink in. Individuals and corporations will have to dig deeper and pay more taxes - and government will continue to dig deeper and spend more. The irony of the situation is that higher tax rates actually make flow-through shares more attractive as a tax-deferral investment - a bittersweet ""bravo"" for the mining industry.INTRODUCTIONFor the first time in Canadian history, a major budget address has taken two days to deliver. Of course, it&apos;s not a case of long-windedness, but rather a case of a hastily called press announcement on April 26 in response to a budget leak, followed by a formal budget speech on April 27.The general reaction of the business community to the budget was to the effect that the tax hikes are acceptable, but the government&apos;s failure to curb spending is less than acceptable. Mr. Wilson&apos;s reported response indicated that the government had never promised to cut spending, and that increased government spending would actually benefit the country. That age-old debate will doubtlessly continue for generations.In any event, three noteworthy components of the budget papers are:• Personal income tax rates increase effective July I, 1989;• A ""large corporations tax"" (in effect &apos;a corporate ""minimum tax"") is effective July I, 1989; and• Federal sales tax increases are effective from June 30, 1989, to be replaced by a national sales tax in 1991.A brief overview of these and other budget proposals follows."

Jan 1, 1989