Search Documents

By William E. Roscoe

"Mineral exploration properties are those on which an economically viable mineral deposit has not yet been discovered. Such properties are bought, sold, optioned and joint ventured on the basis of their perceived potential for the existence and discovery of a viable mineral deposit. The intrinsic value of an exploration property is therefore based on the exploration potential. One measure of the exploration potential is the amount that can be justified to spend on exploration for a viable deposit.The appraised value method uses a cost approach to value exploration properties. It is based on the premise that an exploration property is worth the meaningful past exploration expenditures plus warranted future costs to test remaining exploration potential. Results of past exploration work are analyzed in order to retain only those past expenditures that are productive in terms of identifying remaining potential. Warranted future costs comprise a reasonable exploration budget to test that potential.INTRODUCTIONThe purpose of this paper is to describe a cost approach to the valuation of mineral exploration properties and to provide some valuation examples. The particular cost approach described is the Appraised Value Method, which is best applied to mineral properties at the exploration stage.At present there are no comprehensive regulations or guidelines in Canada which specify what approaches and methods to use for the valuation of mineral properties. In this paper, the Appraised Value Method described is one method that the writer considers to be accepted industry practice for mineral properties at the exploration stage.Mineral properties are valued for a number of reasons, including mergers and acquisitions, non arm's length transactions, pricing of initial public offering of stock, support for property agreements, litigation, expropriation, and insurance claims."

Jan 1, 2003

By S. Dallaire

"RÉSUMÉLes revêtements céramiques ont une moins grande visibilité que les revêtements métallurgiques. Ils ont cependant jour un role significatif dans noire développement technologique. Les procédés de revêtement ont permis de s'affranchir de barrières technologiques importantes dans le domaine de l'optique, de l'électronique, de l'usure, des hautes temperatures. L'introduction de nouvelles technologies ou la mise en service de nouveaux matériaux peut nécessiter l'adaptation de certain procédés actuels ou le recours a des procédés qui ont peu percé jusqu’ à maintenant.ABSTRACTApplications concerned with ceramic coatings are not as well known as those with metallic coatings. However, ceramic coatings have played a tremendous role in the development of technology. Ceramic coating processes made it possible to overcome technological barriers in the areas of optics, electronics, wear resistance and high temperature applications. Ceramic coatings can provide new properties to materials never considered for demanding applications. They can also open new frontiers and revitalize materials which are maturing or in decline."

Jan 1, 1990

By Tyson Birketi, Françoi Robert, Steve Green, Dan Richardson

Detailed sampling using a portable diamond drill, and inter laboratory comparison of selected samples have been combined with statistical studies of truncated populations to establish the gold content of several outcrops in the Val d'Or area. The outcrops chosen are non-mineralized. The background gold concentration in the rocks of the region is 5 ppb or less. Gold is distributed relatively homogeneously within the outcrops studied except for slightly increased concentrations within quartz-tourmaline veinlets. Three samples, of which 20 grams of powder are analyzed for each, can adequately determine the gold concentration of a structurally simple outcrop in the Val d'Or area.

Jan 1, 1992

By Rodney R. Koch

The phys ica l properties of gold should faci li tate its detection. However, the average concentration of gold in the ea rth's cru st precl udes the ability of geophys ical methods to detect the metal directly. In order to effectively pursue geophys ical detection and location of gold mineralization there must also be geological input - i.e. a model. This will lead to the selection of the appropriate geophy ical techn ique(s) in the fo llow-up programs. Interpretation of the fie ld survey data is of con iderable importance in expl oration geophys ics. Analytical techniques such as cont inuation, fi ltering, and spectral analys is, are now routinely empl oyed in the analys is of survey data to aid the interpretation process. The uccessful application of geophysical methods and the use processing techniques is demonstrated by two recent Saskatchewan discoveries. The first, the Star Lake 21 Zone, with reserves of 230,000 tons grading bener than 17.14 git Au associated with a disseminated sulphide quartz-bearing shear zone yielded geophysical anomalies that were distinctive, obvious, and would have lead directly to its discovery. The econd , the Laurel Lake Prospect, with ore grade intersections of 28.0I git Au and 52 .46 git Ag· over 5.49 m, resulted in numerous geophysical anomalies. However, none of these anomalies demonstrated association with the mineralization until processed results indicated that structural features crosscuning regional trends were important cont rol mechanisms for the mineral ization.

Jan 1, 1986

By D. Berkley

Off-gas systems often become the limiting factor in production increase and environmental projects. Any upgrade or new off-gas project needs to address control instability issues, instabilities that can result in safety hazards, significant loss of system capacity and/or emissions to the environment [1]. In addition, the design engineer must optimize system configuration and equipment size for the new operating conditions, to have a technically feasible and economically viable project. Dynamic simulations can be used for addressing both the control stability and the design optimization issues. This paper illustrates how the dynamic simulation of transient processes and of their control system can be used in "real life" situations for these purposes, presenting the example of an electric furnace off-gas system design.

Jan 1, 2005

By S. J. Cook

The subject of capital and the Canadian mining industry is so broad as to be impossible of comprehensive treatment in brief form. The purpose of the present paper therefore will be only to outline in a meagre and somewhat sketchy way the nature and extent of the mineral industry in Canada and to point out those features which are likely to be of general public interest. Canada's mineral industry has a long and creditable production record. The? value of the output per capita rose from $2.23 in 1886 to a maximum of $26.40 in 1920 and the value of the products from ten million dollars in the former year to almost two hundred and twenty-eight million dollars in 1920. Compared with other primary industries and on the basis of the value of production, mining held third place in Canada in 1920, the premier position going to agriculture and the value of forestry production placing that industry second in the list. In the mineral industry, between six and seven thousand properties are operated annually giving employment to up- wards of sixty thousand employees to whom about seventy-five million dollars is paid in salaries and wages. During 1923, seventeen mineral products reached a production value of one million dollars or over in Canada and in order of the values assigned these were: coal, gold, nickel, cement, cop-per, silver, clay products, lead, asbestos, natural gas, stone, zinc, lime, cobalt, sand and gravel, gypsum and salt.

Jan 1, 1924

By F W. Irwin

In recent years, a number of significant developments have occurred in the steel industry which are no-table and of general interest. This paper is confined to the steel-melting phase of the business. The development of high production rates on Stelco's Basic Open Hearth furnaces is chronologically summarized. Al-though various aspects of this subject have been presented previously, this paper summarizes the developments in high fuel rates, the usage of basic refractories, low and high oxygen rates and hearth maintenance. Background T HE interest which has been shown in steelmaking techniques in the past few years has been due, primarily, to the extremely high production rates obtained. Upon further study of the facilities and techniques employed to generate this steel at record rates, tonnage oxygen appears as the common factor. It can be stated that tonnage oxy-gen has revolutionized steelmaking techniques to a degree never before encountered. It was only about ten years ago that the use of large amounts of pure oxygen in a steelmaking

Jan 1, 1965

By R. Argane

In this work we assessed the geochemical behavior of concentrator tailings deposited at the abandoned mines of Zeida and Mibladen (Upper Moulouya, Morocco), using physico-chemical analyses, mineralogical characterization, acid base accounting and weathering cell tests. The aim of the study was to evaluate mine drainage quality and to assess metal mobility from these concentrator tailings. Chemical analyses show that the Upper-Moulouya abandoned tailings contain relatively high quantities of lead (0.261 to 0.594 % wt). Mineralogical analyses reveal the abundance of neutralizing minerals (calcite, dolomite, ankerite, and aluminosilicates) which influence mine drainage and metal mobility in mine tailings. Leachate analyses from weathering cell tests show alkaline conditions, small conductivity values, and low solubility of Pb-mineral phases. According to these results, abandoned mine tailings in the Upper-Moulouya district have very low potential for generation of contaminated mine drainage and for leaching of heavy metals. However, the inhalation of tailings exposed to winds generate dust problem facing the local population and may cause health consequences.

Aug 1, 2013

By J. -M. Lalancette, D. Lemieux, C. Chouinard

"A gold bearing concentrate containing 107 g/T of gold, 9.3% copper and 706 ppm of mercury was processed at the demonstration scale for the extraction of gold and copper using a cyanide free process. The concentrate was generated through flotation to upgrade the gold and copper grade, but also showed contamination with mercury. This concentrate was submitted to the DST process demonstration plant. The concentrate was first oxidized using a fluidized bed to produce a calcine. The mercury was volatilized during the oxidation stage with an efficiency higher than 98%. The mercury was condensed and removed from the sulfuric acid using a thiosulphate process. Copper was extracted from the calcine as copper sulphate using diluted sulfuric acid. The solid remaining after acid leaching was submitted to the DST chlorination process for gold extraction. Under optimized conditions, a gold extraction of 97.3% was achieved in the chlorination reactor. Gold was recovered from the pregnant brine by precipitation on silica using a DST proprietary process.INTRODUCTION Dundee Sustainable Technologies Inc. (DST) offers proprietary metallurgical processes for the treatment of material from the mining industry. DST processes enable the extraction of precious metals and for the removal and stabilization of contaminants, such as arsenic, from ores and concentrates. DST provides environmentally-friendly, viable and efficient processes, capable of handling complex and refractory ores which cannot be processed with conventional approaches due to metallurgical issues or environmental considerations. Several mining jurisdictions around the world have banned or restricted the use of cyanide. DST has developed a closed loop chlorination process as an alternative to the conventional cyanidation process for the extraction of precious metals from minerals. The tailings from the process are inert from toxic substances such as cyanide and organic compounds, are sulphide depleted which means they do not generate acid, and thus, meet and/or exceed environmental norms. The process has demonstrated excellent gold recoveries within a fraction of the time needed for cyanidation to obtain similar results. Moreover, the closed loop process does not generate any liquid effluent and does not consume much water: it only requires a water make-up to compensate for moisture leaving with the tailings and by-products, and seawater may be used. The improved environmental footprint of the DST process has been certified by the Environment Technology Validation program (ETV) which provides an independent evaluation of the performance claims of innovative technologies."

Jan 1, 2017

By J. B. Gilliatt

The discovery of ore at Wabana was quickly followed by the mining of the ore beds where they outcropped in the land areas. The third phase, as at present carried out, consists of extensive submarine operations, which were commenced in 1908, by driving a pair of slopes out under Conception bay, opening. the mine for a distance of a mile and a half from the shore. Two other slopes, now driven just beyond the shore line, are being sunk to the submarine territory where, it is generally recognized, huge reserves of ore lie under the bay. The process of erosion of the land, the solution and re-disposition of its iron-bearing minerals in thick beds of ore have been considered elsewhere, but these bear small relation to the physical forces which have acted upon the ore-beds since the deposition of the strata. These physical changes are made manifest by jointing and cleavage and faulting. The discussion of these, the relation they bear to each other, and to the folding of the strata, is the purpose of this article. For the benefit of those who may not be familiar with the formation in which the ore occurs, I include a general summary of the geology of Be!! island and its environs; also a description of conditions that prevailed during the period of deposition, so that the reader may appreciate some of the later changes that took place during or subsequent to its emergence from the sea, and the folding or tilting of the strata to the position it now occupies.

Jan 1, 1924

By J. H. McKibbon

THE metallurgical industry has purchased more than sixty per cent of the industrial gas cleaning equipment installed in Canada. This includes cyclonic collectors, scrubbers, cloth filters and Cottrell Precipitators. These are the principal types of equipment which are used commercially for the cleaning of gases which result from the processing of iron, nickel, copper, lead, zinc, gold, gypsum and aluminum ores. The recovered dust, which usually contains metal values, is returned to the process. The cost of the equipment is thus economically justified. This is in contrast to other industries, such as those involving steam power generation, asbestos, cement and lime production, where, though dust collection equipment is extensively used, it is installed primarily for nuisance abatement. Communities are becoming more and more conscious of air pollution, new and more stringent legislation is being enacted, and, for other than economic reasons the smelting industry will eventually be required to install more efficient gas cleaning equipment. This paper

Jan 1, 1962

By E. Laatio, W. McKay

"History of Tara Mines Ltd.Tara Exploration and Development Company Ltd. was formed in Canada by Irishmen in 1953. The discovery of an orebody approximately six miles from the historically famous Hill of Tara in County Meath was a wild dream . Nevertheless this dream became a reality. Tara Mines Ltd. was formed, and the mine developed some 35 miles northwest of the City of Dublin in the Irish Republic.Tara's original drilling program indicated a zinc-lead orebody of approximately 60 million tonnes grading at 10.1% Zn and 2.6% Pb. The terms of the mining lease stipulated that the Irish government would acquire 25% equity interest in the operation. The mine was thus owned 75% by Tara Exploration and Development Company Ltd. of which the principal shareholders were Noranda and Northgate, together with 25% being held by the Irish government. The mine was purchased in March 1986 by Outokumpu Oy, a Finnish mining and metallurgical company, and together with the 25% government stake are the current owners. Outokumpu Analysis on Tara Mines Ltd.Upon ownership Outokumpu carried out a comprehensive analysis on the operation and came to the following conclusions :1. Tara had a good orebody;2. Tara had a skilled, capable, stable workforce;3. Tara's concentrator and processing equipment was adequate to meet requirements;4. Tara's mobile equipment fleet was too old and too numerousin numbers; and5. Tara had too many employees, both staff and hourly paid .With ore reserves of approximately 50 million tonnes and at a planned extraction rate of 2.6 million tonnes it meant that the mine had a lifespan of approximately 20 years. To be a viable operation into the future, the mine had to become more efficient. Operating costs and manpower levels had to be dramatically reduced."

Jan 1, 1989

By C. G. Anderson

Industrially proven and applied nitrogen species catalyzed (i.e. NSC) acidic pressure leaching has been utilized to treat a number of ores, concentrates and recycled materials. This versatile technology offers many advantages including low temperatures, low pressures, low capital costs, low operating costs, faster throughput and less costly materials of construction than conventional pressure oxidation. This paper will elucidate the application of this technology for production of gold, silver, palladium, rhodium, zinc, germanium, gallium, cobalt, copper and nickel. Recycled material applications will also be elucidated. In addition, details of an application for treatment of a refractory chalcopyrite copper and gold bearing ore will be presented and pertinent economics discussed.

Jan 1, 2004

By D. G. Sinclair

In any discussion on the subject of mine-safety, it is well to honestly face the fact at the outset that mining is a hazardous occupation and that certain inherent dangers attach to the work, which, in spite of the greatest vigilance on the part of everyone concerned, will from time to time exact their toll of in jury or death from the underground worker. Great progress has been made of late years in narrowing down the range of these necessary risks, and, illustrative of what can be done along these lines by concerted effort, it is pleasing to read from time to time of large operating mines running for weeks, months, a year or more, without a single lost-time accident. To achieve any results in the work of accident prevention it is necessary, first, to have a definite goal, such as a no-accident period, be it a week, a month, or a year, to aim at; and, second, to set up definite standards to work by. The legal code of regulations should form the basis of all standards of work at every mine and should, for this reason, cover as far as possible all conceivable phases of operation. This represents the ideal, but in practice it is unattainable, largely because of the many variables that must be considered, due to the divergence in the scale of operations and to differing geological conditions at the different mines. Hence it becomes necessary for the operator who wishes to attain the maximum in the establishment of high standards of safe operation to so amplify the code as to meet the peculiar requirements of his operation.

Jan 1, 1930

By K. van Warmerdam, M. Pearson, C. Kember, D. McMullen, M. Thayer, C. Ugarenko

In July 2012, Hatch Ltd. and Air Products & Chemicals Inc. completed construction and commissioning of a 4000 tpd O2 cryogenic air separation unit (ASU) for Barrick Gold’s Pueblo Viejo Project located in central Dominican Republic. The ASU produces high pressure gaseous oxygen, which is used for the oxidation of refractory sulphide ore within the pressure oxidation (POX) circuit. As a result of the project’s remote location and tropical climate, many challenges were faced over the course of construction, commissioning and start-up of the ASU. These challenges included adequate preservation of equipment due to dusty and humid site conditions, final assembly and erection of the cryogenic distillation columns on site, limited spare parts inventory/availability, and an unfinished power source for plant commissioning. This paper discusses the steps taken by Hatch and Air Products to successfully design, construct, commission and start up the largest stand-alone ASU plant for a POX application in the metallurgical industry.

Jan 1, 2014

By G. Merle, David L. McKay, Elmar Randveer

"THE ENGINEERING AND TECHNICAL SERVICES department is responsible for supplying the following services:1. Administration and co-ordination of the work required for capital projects.2. Engineering, design and drafting services for inplant changes or improvements as requested by the operating• and maintenance departments.3. Rock mechanics.4. Preparation of plans and layouts required for efficient extraction of the ore as mutually agreed with the mine operating departments.5. Mine planning and long-term schedules in co-operation with the mine operating departments.6. Grade control (long term and short term) and the preparation of ore and waste removal schedules to maintain a uniform grade of mill feed. This also includes the calculation of metal reserves and metal production forecasts.7. Surveying, underground and surface.8. Operations research at the mine site.9. Industrial engineering.10. Chemical analyses and assays.11. Instrumentation.12. Environmental control.A staff of approximately 35 supervisors, engineers and scientists, and 80 technicians, supply the foregoing services. Consulting engineering and drafting firms are used to supply specialized services and technical personnel in-house at Timmins to handle overloads on capital projects under the direction of Ecstall engineers.The operating and maintenance departments depend on the engineering department to supply engineering, design and drafting services for any new facilities or for any planned alteration to existing facilities. To do this efficiently requires a high level of communication and co-operation with these departments. This has been a major factor in developing the present organization of the department shown in Figure 63.The organization is predicated on a strong central technical and engineering resource from which personnel can be assigned responsibilities for different projects, and in different areas, as the work load demands. Job satisfaction is very high because of the variety and challenge in the tasks. Additionally, participation in projects with production and maintenance personnel broadens each technical employee's knowledge of operating and maintenance problems."

Jan 1, 1974

By R. E. Johnson

Seventy years after the start of the Industrial Revolution in Great Britain, as reckoned from Arkwright's water frame patented in 1769, there was a significant development of the metallurgical industry in Virginia. In Britain, crucible steel had been rediscovered by Benjamin Huntsman in 17~0, and this made spring and tool steel more generally available. The metal-turning, screw-cutting lathe, including the basic principles recognized in today's engine lathe, was developed by Henry Maudslay about 1797. Wrought iron, as manufactured by Henry Cort's process patented in 1784, was readily available. Richard Trevithick's highpressure steam locomotive had met its test on the Pennydarren tramroad in 1804, and George Stephenson had built his famous Rocket, along with several other locomotives, at Newcastle around 1828. Puddling furnaces and a rolling mill had been placed in operation at the Tredegar Iron Works in Glyn Sirhowy, Monmouthshire, Wales, in 1807. In the United States, expanding commerce and a growing population resulted in continuing development from the Chesapeake to Virginia's Blue Ridge, and this demanded improved means of transportation. Ore deposits rich in hematite had been found in Virginia's Piedmont during the Colonial period, and a number of blast furnaces now dotted that area. The products of these operations were mostly pots, kettles, stove parts and like items for local trade. The James River and Kanawha Canal was incorporated in January 1785. Its eastern leg, winding along the slope of the high bluffs overlooking the river, was completed about 1800. About two dozen railroads were chartered in Virginia between 1830 and 1837. With expanding population and steady industrial development came a need for metallurgical products. Throughout the eastern United States, numerous metallurgical enterprises sprang up, and many of these flourished. The purpose of this article is to outline the development of one Southern metallurgical company, the Tredegar Iron Works, which was to have a significant impact on the industrial development of Virginia and the fighting of the American Civil War. Although the Tredegar Iron Works no longer exists, remnants of the early operations have been restored, and the current status of the site is also presented.

Jan 1, 1999

By William E. Roscoe

"Valuation methods are well established for mineral properties with production or imminent production, and include discounted cash flow and comparable transactions. Valuation methods for non-producing mineral properties, however, are more subjective. Non-producing mineral properties include those at various stages of exploration, properties at the prefeasibility or feasibility stage, properties with currently uneconomic mineral resources, and past-producers. Different valuation methods may be appropriate for different types of mineral properties.Income approach methods such as discounted cash flow and option pricing are generally not applicable to properties at the exploration stage. The market approach is generally appropriate to all types of mineral properties, although it is difficult to find good comparables because of the unique nature of mineral properties and the small number of transactions. Cost approach methods, such as appraised value and geoscience factor, are commonly used for exploration stage properties.Canadian standards and guidelines for valuation of mineral properties are in the process of being finalized by a Special Committee of the Canadian Institute of Mining, Metallurgy and Petroleum (CIMVal Committee). The CIMVal Standards are intended to be consistent with National Instrument 43-101, which sets regulatory standards of disclosure for mineral projects, and with International Valuation Standards. The intent of the CIMVal Standards and Guidelines is that mineral property valuation be carried out by appropriately qualified individuals and that all relevant information be disclosed."

Jan 1, 2003

By Linda Dufour

"Autoclaves have been in commercial use in the mining industry since the early 1950's the initial applications included tin, uranium, cobalt, nickel and copper extraction under both acidic and alkaline conditions. These circuits varied in batch or continuous operation. The geometry has been spherical, vertical, and horizontal type with up to six agitators, with throughput as high as 1000 stpd.Presently autoclaves are a good process selection for many refractory sulphide gold bearing ores. The first application of pressure oxidation in the gold industry was at the Homestake Mcglaughlin's Mine which was commissioned in 1985. This was an acidic pressure oxidation process treating 3000 stpd in three four compartment horizontal autoclaves 14' diameter and 53' long. Since the initiation of autoclaves for the treatment of gold bearing sulphides, there are presently 16 gold autoclaves operating worldwide varying in size up to 18'4"" inside diameter. There are seven autoclaves for the treatment of refractory sulphide gold bearing ores to be commissioned in 1997 and 1998.Autoclave technology has progressed extensively since the mid-eighties. Operational experience has made rapid progress and the result is much smoother and safer autoclave operation. There have been many advances in autoclave technology design. For example, the use of exotic materials for corrosion resistance to reduce down time for maintenance. The instrumentation involved in autoclave operation is very sophisticated which allows for many safety features. The advanced design has allowed for greater availability and as a result operating costs and maintenance costs have decreased. These technological advancements have made autoclave technology more safe and this has resulted in a greater acceptance of this type of operation. Many of the gold autoclave facilities operate up to 9 months continuously without shutdowns. The advancement of autoclave technology has inspired many new applications.Because of the outstanding operation of autoclaves in the gold industry, many other applications for autoclave technology are being considered. The following is a list of autoclave applications:"

Jan 1, 1997

By C. Morlot, C. Auvray, E. Fourreau, J. Talandier

"During the excavation of underground galleries in a rock mass, reorganisation of the stress field around the site results in damage to the surrounding material. In the framework of research undertaken at the ANDRA underground laboratory in France, galleries have been excavated in a Callovo-Oxfordian argillite formation. The damage has manifest as a number of fracture systems in the adjacent rock. Observations have shown that fractures generated during excavation and storage exploitation are able to self-seal during re-saturation of the site in the post-closure stage. Although indirect evidence for argillite self-sealing has previously been reported, from experiments performed both in situ and on samples, no direct observations of self-sealing have yet been made.For the present study, we performed a range of self-sealing experiments using a newly-developed triaxial compression cell placed within a nano-CT scanner with a 10 µm resolution. The body of the compression cell is X-ray transparent, allowing sample healing to be monitored directly. The samples contained an artificial fracture that had been generated in the laboratory, into which a fluid was injected. The fractures were orientated either perpendicular or parallel to the plane of anisotropy of the material. Our initial results demonstrate that when fluid is injected perpendicular to the plane of anisotropy, the flow-rate has no apparent influence on the kinetics of fracture closure. Permeability varies significantly, from 2.10-14 to 2.10-18 m2 over 116 hours. Post-test observations of the fracture lips show swelling that appears to be orientated perpendicular to the fracture plane and therefore parallel to the plane of anisotropy. Initial results for an injection parallel to the plane of anisotropy suggest that, in this case, the rate of flow affects the kinetics of fracture closure. For a flow-rate of 0.25 ml/min, closure begins after around one minute. In contrast, for a rate of 0.05 ml/min, it is necessary to wait several minutes before partial sealing of the zone is observed. The reduction in permeability is again significant, from 2.10-15 to 4.10-18 m2 over 96 hours. After completion of the test, swelling was observed in elongated zones that lie parallel to the fracture plane and therefore to the plane of anisotropy."

Jan 1, 2015