Search Documents

1. Scientific prospecting has had a profound and some-what unexpected effect on the world's supply of raw materials over the past twenty years. Where shortages were recently anticipated, abundance now prevails. It seems probable that, for the foreseeable future, adequate metallic resources will be found at costs well within the world's economic means. 2. The amount of research devoted to scientific prospecting has been extremely small in relation to the possible importance of the problem and to what could be done. It has been dominated by the thought of a dozen brilliant men, and true research expenditures have not amounted to more than a few million dollars. 3. An undue proportion of the expenditures have been for so-called geological research -mostly of a petrologial character. The results have essentially been of historic interest only. However, there has been some in-crease in genetic understanding, and this is of great importance for future resources. 4. Basic advances in mineral exploration have been made in detection techniques, generally called geophysics and geochemistry.

Jan 1, 1964

By B. Tonn, F. Kröger

"The continued development in engine technology is leading to an augmentation in power density which steadily elevates the requirements for thermally and thermo-mechanically highly loaded components such as cylinder heads and pistons. Due to these high performance requirements conventionally applied Al-Si alloys have reached their application limits, since their mechanical properties deteriorate quickly under the influence of heat. Improved applicability is given by Al-Cu-based casting alloys which have a superior high-temperature strength than Al-Si alloys. Since Al-Cu alloys exhibit insufficient casting characteristics, especially regarding hot tearing susceptibility and increased tendency for porosity, it is currently not possible to cast geometrically complex components in robust permanent mold casting processes. The further development of Al-Cu alloys is aimed at finding an optimum between improved castability while high-temperature strength and thermal conductivity are not deteriorated. It is known that a high amount of eutectic reduces the hot tearing susceptibility of an alloy, but it reduces thermal conductivity at the same time. In this paper it will be presented how the conflicting objectives – improved high-temperature strength, good thermal conductivity and reduced hot tearing susceptibility – can be brought together to develop an optimized Al-Cu alloy for application in permanent mold casting.INTRODUCTION At the beginning of the 21st century car, engine blocks were primarily made of gray cast iron (GJL). Less than half a decade later, the choice of material had shifted towards lightweight materials. Ever since, the car engine manufacturing is dominated by aluminum-based alloys. The weight of car engine blocks could thus be reduced by around 50% due to the lower specific weight of aluminum alloys compared to gray cast iron. Furthermore, the high thermal conductivity of aluminum alloys allowed a reduction of complex cooling channel systems and thereby promoted the advancement of this material group. The further development in engine technology leads to an augmentation in power density which elevates the requirements for thermally and thermo-mechanically highly loaded components. For example, in diesel-powered car engines the upper required limits can reach an ignition pressure as high as 230 bar and gas temperatures of up to 1000°C. Thereby, thermal loads can cause high alternating thermal stresses (Grzincic, 2003) which can effectively be reduced by providing high thermal conductivity."

Jan 1, 2017

By G. Barrasso

REACH was proposed by the EU Commission in October 2003 and stands for the Registration Evaluation, Authorisation and Restriction of Chemicals. It requires that all substances identified as persistent, bio-accumulative and toxic, whether the risk of those chemicals being released is real or perceived, require registration prior to them being allowed to be imported into the European Union. An internal investigation by the metals industry indicates that almost all primary raw materials streams would be classified as hazardous due to the potential health or environmental hazard properties of one or more of their ingredients. REACH uses a wide definition for chemicals and metals and as such its implications greatly impact the entire supply chain of the metals industry. The process of registration would require the producer/ importer to produce a dossier. Initiatives along the same lines as the EU REACH are also coming up in other parts of the world. REACH requires registration of at least four substances manufactured by the aluminium industry: aluminium metal, including powder, aluminium oxide, and aluminium hydroxide. The proposed legislation permits the affected companies to band together to form a consortium to develop certain aspects of the registration application. The aluminium industry has established a consortium and testing is currently underway.

Jan 1, 2006

By Mahmoud Ahmed

Three-dimensional models are in increasing demand for design, maintenance, operations and construction project management. Point-clouds are the main output of automatic data collection using laser-scanners and photogrammetric technologies. Pipe-works may comprise 50% of the value of important construction projects such as industrial and research facilities. We have developed a practical and cost-effective approach, based on the Hough-transform and judicious use of domain constraints, to find, recognize and reconstruct/model 3D pipes within point-clouds fully automatically. The developed approach allows pipe growing within a 3D point-cloud. It samples the point-cloud to sequential orthogonal slices, detects pipe?s cross-sections within sampled slices and grows the pipe along the cross sections centerlines. It is validated using laser-scanner data from construction of the Engineering-VI building on the University of Waterloo (UW) campus. The system works on a typical laptop. Recognition and localization results are within a few millimeters. The presented approach opens the gate to broad applications of pipe-network modeling.

Aug 1, 2013

By W. J. Wright

Summary Statement The following notes on the geology of the Grand Lake coalfield are intended to be introductory to a second paper being read at this meeting, which paper will describe the earlier and the more modern mining methods. The coal industry of the Grand Lake coalfield is centred chiefly within a three-mile radius of Minto, but minor operations are dotted over an area of approximately 50 square miles extending easterly to the vicinity of Chipman and Coal Creek (see Figure 1). The coal comes from one seam of Pennsylvanian age. The seam varies in thickness from 16 to 30 inches and lies almost horizontal at depths of 0 to 125 feet. It has been mined and prospected over an area of approximately 150 square miles, but in a portion of this area the commercial possibilities have been destroyed by erosion. The industry is the oldest of its kind in North America, but it did not at tract particular publicity until about 1914. Since that date, mining methods have improved and the output has rapidly increased until, in 1934, it amounted to 271,335 long tons, and furnished employment for about 1,000 men (1). Approximately 73 percent of this amount was produced by the Minto Coal Company, the Miramichi Lumber Company, the Avon Coal Company, and Welton and Henderson, and 25 per cent by the Rothwell Coal Company, Harvey Welton Limited, G. H. King, the Reade Construction Company, and the Newcastle Coal Company. The remainder was produced by J. W. Carter, G. D. Crossman, T. H. Swift, C. S. Yeamans, and several other small operators. The coal is won by underground mining, except in the case of the Reade Construction Company, and a minor operation by Ashfield and Pieton, who have employed open stripping. It is mined only as required to fill definite orders, and is loaded directly into cars for shipment. In 1934, the larger mines did not operate full time, and the production could easily have been increased if markets had been available. The coal is sold in four grades: screened or lump, run of mine, slack, and stripping. The chief market is with the railways and commercial plants, with a fair amount for domestic purposes.

Jan 1, 1935

Waste rock extracted from a mine is typically stored nearby on the surface. Such waste rock piles must be designed to ensure their geotechnical and geochemical stability during the mine operation and after closure. The optimal construction of a pile requires detailed planning. Deposition should involve benches of limited height to control the global slope angle, based on the long term factor of safety. It can also be advantageous to compact the top of each bench and to give the surface an outward inclination to control water flow by limiting infiltration and favoring lateral diversion. When part of the waste rock contains reactive minerals, it is also deemed necessary to use selective placement with the non-reactive portion to prevent direct exposure to natural conditions. The construction must be well documented, and include data from the monitoring program. These and related aspects are presented and discussed in the paper.

Aug 1, 2013

By M. Kamyab

Transportation of fluid and slurry (fluid and solid particle mixtures) in a pipe and annulus space has been the focus of numerous studies. There are different parameters to be considered when studying slurry transportation. These include slurry velocity or flow rates; fluid properties such as density and rheology; and solid particle properties including concentration, density, shape and size. Also the angle of the flow conduit, rotation of the pipe and possible eccentricity of the annulus are other factors which influence slurry transport characteristics. Although a number of analytical, numerical and empirical equations as well as numerical simulations have been developed for studying the flow and slurry transport characteristics, the results need to be validated against either field or lab data. As performing field tests is costly and time consuming, conducting simulations at the laboratory scale appears as a good alternative. Different flow loops have been designed to study slurry transport behaviour in different science and engineering disciplines including oil and gas and mining. However, few of these consider, in particular, cuttings transportation in small size annulus space. The flow characteristics appear to be very different when slurry travels within a small size annulus, in particular when the fluid velocity is high. In this study, a review of some of the existing slurry flow loops will be conducted. Then the details of a slurry loop, which has been designed and commissioned for the purpose of studying cuttings transport in a small size annulus space for applications in drilling mineral exploration wells using coil tube technology, will be presented.

Aug 1, 2013

By E. A. Rychkun

"For the last 700years of recorded economic history, man has been subjected to alternating inflationary and deflationary patterns. Through this period of time, a severe deflationary pattern has developed approximately every 55 years, creating 12recordable occurrences. Through the last two centuries, this severe deflationary phenomenon has come to be known as a depression. As these depressions have repeated themselves regularly, they are cyclic. This in turn leads to the question of whether the 13th cycle will also repeat itself in the form of a depression. As this cycle is now 51 years old, we must consider the possibility at about 1984.In analyzing a 700-year record of consumer prices in Southern England, the 55-year cycle appears to vary in shape and intensity. This varying phenomenon is due to the effect of longer cycles upon which each one ""rides "". Because each cycle effectively rides on the next largest, which in turn rides on the next largest and so on, the combined measured effect of all cycles together at any point in time is always unique. This means that anyone cycle can never repeat itself in an exact identical manner. The combined effect therefore is what we observe in the form of prices and, as cycles interact, variations in deflation are produced . The ""science"" of economics attempts to quantify and develop theory on situations which are never identical and hence can be conservatively classified as a useless predictive tool.This means that more unconventional approaches may be required to predict our economic future. In looking at previous depression cycles, it is possible to recognize similarities in human behaviour patterns and hence the resulting economic movements. These behaviour patterns create major events or influencing factors which set the scene for a major deflationary condition. The way in which these factors occur, however, is not predictable. As more and more of these similar events are identified in each cycle, we can increase our confidence on the probability of the last event occurring (a depression). By also unravelling the set of larger cycles, we can determine the potential combined effect at any point in the future.This paper presents a system of cycles ranging from 800 years to 3 years which appear to operate in our economic system. By so doing, a long-term projection into the next century can be made. Finally, the paper deals with the main controlling similarities within the depression cycle, to show that a comparison with our current cycle implies that a major deflationary collapse in the mid 1980's is virtualy inevitable."

Jan 1, 1980

By Jaime Meléndez Martínez

Recent interest in unconventional reservoirs motivates our work in laboratory measurements of seismic anisotropy. Seismic anisotropy is the variation in speed of a wave as a function of its direction of propagation. Analyzing anisotropy in unconventional reservoirs is important since anisotropy leads, for example, to differential stresses upon loading and could affect hydraulic stimulation (Reinicke et al., 2010, Zimmermann and Reinicke, 2009); in this sense, laboratory measurements are an important tool to study seismic anisotropy at small scales which can aid in the characterization of larger formations. The purpose of this work is to describe the laboratory methodology used to simultaneously measure ultrasonic P and S-waves in three different directions from a single core sample. Elastic anisotropy of a Proterozoic sedimentary rock from south-west Alberta is investigated. In metamorphic rocks seismic anisotropy is caused by preferred mineralogical alignment or foliation. Assuming a transversally isotropic medium, arrays of compressional and shear piezoelectric ceramic transducers were mounted on a sample trimmed from a core to measure travel times of ultrasonic P-waves and S-waves as a function of confining pressure at directions perpendicular, parallel, and oblique to the plane of foliation (bedding). Results show strong anisotropy agreeing with the assumption of a transversely isotropic medium. Dependence of travel times and hysteresis effects can be observed when pressurizing and depressurizing.

Jun 1, 2012

By Botao Lin, Yan Jin, Hongjuan You, Jingjun Pan, Huiwen Pang, Mian Chen, Sen Chen

"Steam Assisted Gravity Drainage (SAGD) has become the mainstream technology for ultra-heavy oil recovery in Xinjiang oilfield, the success of which depends heavily on shortening of preheating period as well as forming homogeneous and highly permeable zone in land-facies oilsands layer. Towards this aim a special hydraulic fracturing process is required, which is accomplished through controlled water injection to a pair of horizontal wells in order to create homogenously distributed microcracks in the zone between the two wells. The associated mechanical response, however, is unclear for land-facies Karamay oilsands that is loose in texture. In this regard, this research utilizes a triaxial test system on cylindrical specimens extracted from field-collected oilsands cores. Isotropically consolidated drained triaxial compression tests are conducted on both saturated and unsaturated specimens so as to investigate the mechanical response of oilsands at different spots relative to the wellbore. Moreover, acoustic emission and fast pulse-decay permeability are performed to monitor fracture development and permeability evolution. Based on these experimental studies, the mechanism of dilation in oilsands is comprehensively analyzed. The findings reveal distinctive behavior between the saturated and unsaturated specimens as respect to dilation, porosity/volumetric evolution and change of permeability. It is also found that shear bands can be created upon shearing on triaxial specimens, rendering porosity or volumetric strain the factor that is more proper for evaluation of stimulation efficiency in the field.INTRODUCTIONXinjiang oilfield is widely known for its abundant deposit of heavy and ultra-heavy oil that has been estimated to be several hundred million tons. The ultra-heavy oil deposit located in Fengcheng region of Karamay at the northwestern part of the Junggar Basin, Xinjiang, China, has over 360 million tons of resource (Yuan et al. 2013). The resource is deposited in depths from 180 to 450 m and has viscosity over 100, 000 mPa•s at a temperature of 50ºC, bringing technical challenges to recovery activities."

Jan 1, 2015

By W. Griffith

"While oxalic acid precipitation practices are commonly applied on purified rare earth elements (REEs) pregnant leaching solutions (PLS), few efforts have been reported using oxalic acid (OXA) to recover REEs directly from untreated PLS. High oxalic acid demand is the most significant issue in all these direct oxalic precipitation (DOP) practices. Preliminary research on DOP of REE from a dilute PLS originating from an acid bake followed by water leaching was conducted. At 75°C, the oxalic acid demand was between 12 and 18 times the stoichiometric requirement for complete REE precipitation. Conducting DOP at 25°C had superior REE recovery but the product purity and filterability declined. Between 75°C and 100°C, REE recovery increased with increasing temperature. When sodium hydroxide was used to adjust the pH during DOP, in the range of 0.5 to 1.5, higher pH benefited REE recovery. Using ammonium hydroxide in place of sodium hydroxide, the REE recovery was reduced by close to 5%. Sodium chloride addition to the PLS was also investigated and the results showed that at both 75°C and 25°C, the REE recovery was enhanced substantially. At 25°C, when the oxalic acid addition was controlled at 4.7 times the stoichiometric requirement, the overall REE recovery reached 95% with the addition of 240 g/L NaCl. Other reagents such as KCl, NH4Cl also showed significant enhanced REE recovery at the same oxalic acid addition. The addition of sodium sulphate appeared to largely enhance the precipitation of LREE but inhibited the formation of HREE oxalate. All results indicate the formation of rare earth double salts may play an important role in REE DOP sulphate media.INTRODUCTIONThe conventional routes for recovering rare earth elements (REEs) from a sulphuric acid pregnant leaching solution (PLS) involves an initial purification step for removal of iron, aluminium for example by precipitation through neutralization, followed by precipitation of REEs as hydroxide, oxalate or carbonate salts, or by bulk solvent extraction for REE recovery (Xia, 2013). Another route was used by Bayan Obo in their historical flowsheet, where the PLS was first subjected to double sulphate precipitation, then the remaining REEs, mostly heavy rare earth elements (HREE), were recovered by oxalate precipitation (Li, 2011)."

Jan 1, 2016

By G. S. Ospanova

The results of complex processing sulphide copper ore and advantages of recovery of copper by vat and heap leaching, sorption, cementation and electrolytic solutions processing and utilization of waste material after heap leaching of copper for production of building materials were investigated. The combined chemical solvents with the additives of oxidizing agents are developed at the KazNTU. The solvents are inorganic or organic chemical reagents, which form complexes of Cu, Au, Ag, Pt, Ni, Sr, Co etc. Recovery of non-ferrous metals from solutions and purification of industrial waste waters is carried out on the base of using new synthetic and natural sorbents (from local raw materials) which are able to bind ions in both cationic and anionic forms depending on type of ligands and external conditions. Optimum parameters of copper sorption were determined. The developed wasteless technologies of copper extraction from sulphide ores with usage of new non-toxic solvents and accessible sorbents with full recycling of water are tested in pilot scale heap leaching, and are recommended as the ecological, economical and practical alternative to traditional methods.

Jan 1, 2007

By L. L. Sirois

Because segments of the Canadian mineral-based economy are dependent totally or in part on foreign sources of certain minerals, their well-being may well be affected by inability to obtain these minerals. Where such dependency exists, it is therefore important that contingency plans be available to counteract possible price increases or lack of supplies by means of technology, developed well in advance of any pending crisis . Canada is vulnerable to possible future real or artificial shortages of certain foreign-produced mineral commodities, and science and technology can provide information for the development of policies for counteracting efforts by foreign exporters to control prices or limit supplies.

Jan 1, 1977

By B. N. Church, A. R. Pettipas

"The second vertical derivative method of processing aeromagnetic data from low level helicopter surveys yields results correiatable with the known geology and may be utilized to indicate possible targets for future exploration in the Silver Queen and Equity Silver mines areas, near Houston in central British Columbia . The principal zones of alteration associated with mineralization, known from detailed mapping, are further delineated and extended in a way not possible by a cursory examination of the original magnetic data.IntroductionThe second derivative method of processing aeromagnetic data is a long established procedure used to enhance the short wavelength content of the magnetic fields. Some recent exam pies of the use of the second derivative technique have been published by Chandler (p. 385), Sun Yunsheng et al. (p. 424) and Yarger (p. 223) in Hinze, 1985. According to theory, the ""second vertical derivative"" is closely related to the rate of curvature of magnetic (or gravity) fields and is particularly useful in resolving and sharpening local anomalies. The contours on second derivative maps may coincide with important features such as lithological boundaries, faults and mineralized zones.In the Houston area, central British Columbia, aeromagnetic data supplied by local mining companies provide a ready base for analyses. Examples are data sets for the Silver Queen and Equity Silver mines centred 35 km and 34 km south and southeast, respectively, from Houston (Fig. 1), (Cochrane, 1970 and Church, 1985)."

Jan 1, 1990

By P. J. Sylvester, S. J. Piercey, S. Maloney, S. M. Brueckner, L. Pilgrim, D. Hyde, G. Ogilvie

The 1806 zone is part of a Au-rich volcanogenic massive sulfide deposit at the Rambler Camp on the Baie \/erte Peninsula, northwestern Newfoundland, and is characterized by high Au grades (3.97 g/t), relatively low Cu and Zn grades (0.60 wt% Cu, 1.17 wt% Zn), and moderate Ag grades (27.83 g/t) at ca. 0.37 Mt ore. Gold and Ag occur as electrum and different Ag varieties including Ag-Hg ± Au alloys, miargyrite, and pyrargyrite that occur often in close proximity to electrum. Additionally, Ag-, As-, Sb-, and Sn-bearing sulfosalts are frequently observed and usually close to electrum. These textural relations strongly favor a syngenetic/magmatic origin for the 1806 zone, despite having a metamorphic overprint.

Jan 1, 2011

By I. Masters, K. Buban, M. Faris, M. Antonio, M. Collins

"AngloGold Ashanti Brasil, with assistance from Sherritt International Corporation, has recently commissioned a new autoclave for the pressure oxidation of refractory gold feeds at their Corrego do Sítio operation in Brazil. Design of the new plant, including feed acidulation, pressure oxidation, oxidized solids washing and solution neutralization circuits, was based on the results of test work conducted by Sherritt at their pilot plant in Fort Saskatchewan, Alberta. This paper describes the results of the pilot plant study as well as highlights of the design exercise.INTRODUCTIONAngloGold Ashanti Brasil (AGA Brasil) has recently commissioned a refractory gold pressure oxidation plant at the site of the original São Bento operation in Brazil. The design of the São Bento pressure oxidation facility was based on Sherritt technology; Sherritt carried out the original process development test work in the mid-1980s, provided a process design package and detailed specifications for critical pressure oxidation equipment and participated in the training of operators and commissioning of the plant. The São Bento plant was operated between 1986 and 2007, when the original ore body was exhausted (Silva et al., 2004). AGA Brasil purchased the facility from Eldorado Gold in 2008, with the intent of refurbishing the plant to process refractory gold concentrates produced from the nearby Córrego do Sítio mining area.Sherritt International Corporation has a long history in the development and application of commercial pressure oxidation and pressure leaching processes. Sherritt’s development of technology for the pressure oxidation of refractory gold ores and concentrates commenced in the 1980s in collaboration with Homestake for application at the McLaughlin project in California. This was followed by several commercial applications in Canada, Papua New Guinea and Brazil (Berezowsky et al., 1991). More than thirty pilot plant campaigns investigating the pressure oxidation of refractory gold ores or concentrates have been conducted by Sherritt since the 1980s, and projects with Sherritt contributions to the process development studies and/or engineering design account for about half of the commercial plants that have operated to date with this type of process (Collins et al., 2011a; 2011b)."

Jan 1, 2012

This paper deals mainly with the modernization in the coal loading system at the loading piers of the Dominion Coal Company, Ltd., Sydney, Nova Scotia. The history of the operation is briefly outlined, and the construction of the Company's new pier is described in considerable de-tail. Particular attention is paid to the bins and conveyors, and to the loading tower. The paper concludes with a description of the S.S. Cape Breton Miner, built specifically for the coal trade, and the unloading facilities at Lakeview, Ontario. Coal Shipping at Sydney C OAL from the mines operated in Cape Breton by the Dominion Coal Company, Limited, has been shipped from the International Piers, situated on the east side of Sydney Harbour, for over sixty years. There were three piers, of which two were active-ly used in the shipping of coal until 1964. Nos. 2 and 3 were high piers about 600 feet long, of wooden construction throughout. They were founded on' rock-filled cribs and creosoted piles driven into the harbour bottom, and each had two decks which carried standard-gauge railway tracks.

Jan 1, 1965

By G. Deschênes

"In 2013, as the prices of precious metals dropped, investors moved their positions to equity markets for higher returns. As a result, the price of gold dropped further to below US$1200 per ounce, prompting additional substantial outflows from gold investments. In response to lagging gold prices, major gold producers initiated large asset write-downs and cost-cutting programmes. In 2015, this trend continues and gold mining stocks are close to lows not seen since the global financial crisis (GFC) of 2008. In the current economic climate many projects have marginal economics, and the number of projects that have competitive development and production costs is declining. A competitive edge is particularly important with the decreasing grades of orebodies, increasing complexity of the mineralogy, and increasingly demanding environmental constraints. In addition, higher cost producers seek to optimize their process t o reduce operating costs.This paper presents some highlights of three case studies on optimization of gold leaching strategies that improved the economics of brownfield projects. Processing of sulphide-bearing ores was optimized by using the synergy between cyanide, lead nitrate, and oxygen. The outcomes were significant reduction of retention times while maintaining or increasing gold extraction and reducing cyanide addition and effluent treatment costs. A stirred tank reactor experimental programme led to direct implementation of reliable leaching strategies from laboratory scale to production. This approach resulted in savings of $2.2 million to $15.2 million on the three brownfield projects discussed in this paper."

Jan 1, 2016

By Henry Lepp

Introduction A shaft sinking operation carried out at the Viking Yellowknife mine in the spring of 1947 presents certain features, especially as regards speed of sinking and low cost, that may be of interest to Institute members, and especially to those who are not familiar with conditions and costs in the Northwest Territories. After collaring, the inclined, two-compartment shaft was sunk 130 feet by four miners in twenty-eight days at a direct cost of only $53.19 per foot. All things considered, this is a remarkable performance, even if it does not actually establish a record. The property is at Morris lake, some forty-five miles north of Yellowknife. Formerly owned by Athona Mines (1937), Limited, it was acquired by the then newly incorporated Viking Yellowknife Gold Mines, Limited, in 1947. Surface work and diamond drilling in 1946 disclosed a number of veins and masses of quartz in a sill of diorite which lies conformably within sedimentary rocks. The sill strikes N.30°E. and dips at 70° to 85° southeast, and has a mean width of 40 feet over its explored length of 3,000 feet . Both the quartz and the diorite carry gold and are mineralized with pyrrhotite and lesser amounts of galena, sphalerite, chalcopyrite, and arsenopyrite. Of thirty-five holes drilled in the mineralized zone, the core from twenty showed visible gold. Sampling of drill cores indicated several ore shoots in the north and central parts of the sill. Assays, however, were somewhat erratic, possibly due to the fairly widespread presence of visible gold, and it was decided that the deposit could best be explored by underground sampling. Accordingly, late in 1946, plans were laid for the sinking of a shaft.

Jan 1, 1948

By R. D. Brown

In his March 31, 1977 budget, Finance Minister Macdonald has attempted the delicate balancing act of stimulating the economy without reinforcing the inflationary pressures which Canada is continuing to experience. Several tax changes of benefit to the mining industry, as well as measures designed to encourage oil exploration in frontier areas, are among the budget proposals. Additional earned depletion of 66- 2 /3 %, which may be offset against income from any source, will be available on drilling costs in excess of $5 million incurred between March 31, 1977 and April 1, 1980 in connection with an exploratory well in Canada, including the continental shelf . Other changes include more favourable treatment of resource property dispositions, less restrictive rules r elating to "successor corporations" , increased capital-cost allowance on railway spur lines, the inclusion of certain production royalties in Canadian development expenses and the application of the lower "manufacturing and processing" tax rate to sulphur production. To encourage business capital spending, the 5% federal investment tax credit it to be extended an additional three years to mid 1980 and broadened to include spending on scientific research and development. The rate of credit will also be selectively increased on a regional basis, to 7.5 % in certain designated areas in Saskatchewan, Manitoba. Northern. Ontario and Quebec, and to 10% in the Atlantic provinces and the Gaspe.

Jan 1, 1977