Search Documents

By C. E. Cartwright

That the construction of the Pacific Great Eastern railway has not been accompanied by an immediate and great development of traffic is not due to lack of natural resources in the district traversed, but to conditions that have delayed their development. Prior to the commencement of construction of the railway there was no inducement to prospect for any other mineral than gold, on account of lack of transportation. The war began soon after the commencement of construction; diverting practically all capital that might have been available for opening up the country; and since the war, capital has continued shy of new investments. If the war had not occurred it is probable that prospecting and development would have been carried out concurrently with the railway construction. Moreover, much of the district is covered deeply with drift, marine and alluvial deposits, rendering prospecting for lode mines a more expensive and slower proceeding than can generally be undertaken by the ordinary prospector, without capital. On the other hand, the presence of large porphyry dykes, granitic intrusions, and the finding of rich float in places are indications that rich miIY.ral deposits probably exist in several localities in the Lillooet district, in the Cariboo proper, and also nearer the coast. Two or three mines producing the tonnage of the? Britannia would materially alter the earnings of the railway and pay interest on the bonds. There are, however, other possibilities, in addition to large metaliferous mines, in the non-metallic minerals of the district.

Jan 1, 1925

By D. C. Fraser

"Geophysical Engineering and Surveys Limited of the Keevil Mining Group have routinely conducted ground surveys with VLF-EM receivers for the past two years. Both Crone's Radem and Ronka's EM16 have been used.VLF-EM dip-angle data often yield complex patterns which require considerable study for a proper interpretation. A method was developed which allows field operators to transform the noncontourable dip angles into contourable data, producing conductor patterns which are immediately apparent to exploration personnel untrained in VLF-EM interpretation.VLF-EM contoured data generally peak very close to the top of a conductor, thereby allowing drill holes to be spotted accurately. However, the data generally should not be used alone to select drill targets because structures may be sufficiently conductive to yield strong anomalies. Thus, magnetic and/or vertical-loop EM correlations may be considered as necessary criteria for drilling.VLF-EM surveys can replace IP surveys in certain environments. For example, the Restigouche orebody in the Bathurst camp of New Brunswick yielded a VLF-EM anomaly as distinct as that obtained by IP, although the body did not respond to vertical-or horizontal-loop EM. However, the cupriferous breccia pipes of the Triba mine near Batchawana, Ontario yield strong IP anomalies but not VLF-EM anomalies, illustrating that disseminated ore targets should be sought with IP rather than with VLF-EM."

Jan 1, 1971

By B. S. W. Buffam

Introduction The development of uranium deposits is a relatively recent phase of mining in Canada. To date, the only producer of uranium ores on a commercial scale has been the Port Radium mine on Great Bear lake, N.W.T. However, with.-in the past few years intensive prospecting has been carried on throughout Canada and many occurrences of uranium-bearing minerals have been discovered. Eldorado has been active in the search for and the exploration of uranium deposits in Canada for a longer period than any other company and has, therefore, accumulated a considerable fund of information, especially about occurrences in Saskatchewan and in the Northwest Territories along the western fringe of the Precambrian Shield. The Company has also had experience in the underground operation, and in the mining, of uranium ores at Port Radium. During the past year or so many requests have been received from the prospecting and mining fraternity for information and guidance regarding the development of the many new uranium discoveries that have been made in Canada. Assistance by Eldorado is freely given whenever possible and this paper is presented to supplement the private discussions and to provide as wide a distribution as possible of the data acquired by Eldorado.

Jan 1, 1951

By J. Holtzhausen

"An analysis of operating costs for underground mining operations in the current global economic climate considers the financial burden for a ventilation system to be in vicinity of 30–50%. These operating costs are often overlooked by management teams in the greater scale of things when looking to save money in the procurement phase. This oversight to operational costs can be as little as the effective delivery of ventilating air to the work zone. One of the biggest opportunities for substantial savings and improvements can be realized in the selection of a quality vent duct that is suitable and fit for purpose. The key component to the selection process for quality products is a solid selection criterion that is followed during the tender process. This allows the management team to filter out unsuitable suppliers and products. The case study identifies some of the key components that were considered in the procurement and selection process for lay-flat ducting products. These included the characteristics and strength of the materials. The selection criteria also considered a ducted performance comparison that offers the best aerodynamic performance with some of the following components. • Airflow at Duct Face (m³/s or cfm), Fan Pressure (Pa), Air Power (kW or hp), Assumed Fan Efficiency, Annual Running Costs, K – Factor or Lambda, Leakage Factor, Joining Method and available Duct Lengths with weights. • Critical components considered were the current Testing standards available for: o Bursting Strength AS 4878.5, Mass AS 2001.2.13, Tensile Strength AS 4878.6, Tensile Strength AS 2001.2.3.1, Tear Strength AS 2001.2.10, Tear Strength AS 4878.7 • Other key considerations were: o Warranty Claim, Damage claims, Local storage / operations, community engagement and relationships, current testing data, previous issues, after sales service with technical assistance, etc. Hidden costs associated with product failures and operational stoppages are often not quantified during the tender process. Buyer beware. INTRODUCTION The largest constraint underground mining operations currently face are their operating efficiencies and electrical costs. The overall cost of an operations ventilation system and its components requires more focus to identify what opportunities exist to maximise efficiency and effectiveness. This tender process may not always be clearly understood and it should be broken down into fewer components to achieve quantifiable results."

Jan 1, 2019

By Robert T. McKnight

"Traditional techniques for valuing resource projects companies have been primarily based on discounted cashflow methods (DCF) or by comparison to similar projects with an apparent market capitalization. Many resource projects are really forms of options to invest rather than a future cashflow stream. Employing the DCF method to value a resource project which is really an option to invest, can dramatically underestimate the real value of the project. The analytical tools required to evaluate options, while more complicated than the usual spreadsheets used for DCF, are becoming more easily available and usable by managers. This paper will discuss the background of options valuation and some of the tools which will make it easier for managers to estimate the value of projects and companies which have significant real option values.ResumeBob McKnight is a graduate of the University of British Columbia in Geological Engineering, supplemented by an MBA from Simon Fraser University. Following several years in the oil patch with Cities Service and Brascan, Bob returned to Vancouver in 1979 to work for Wright Engineers. He subsequently went on to work for Cassiar Mining, Getty Resources and Endeavour Financial before joining Pincock Allen & Holt Ltd. in 1998. His experience ranges from exploration to feasibility studies, financial evaluations of mining and oil & gas projects, due diligence, project finance, valuations and mergers and acquisitions. He has extensive international mining experience pertaining to such countries as Chile, Mexico, Uruguay, Thailand, Indonesia, Angola, Papua New Guinea, Kazakhstan.What are Options?Options have been around for centuries. They were familiar to Roman and Phoenician traders who were shipping cargoes from Mediterranean seaports. In the financial world, options are types of contracts that generally include the right, but not the obligation, to buy or sell a share, currency or commodity. The underlying commodity price or share price changes are assumed to be lognormally distributed. In this context, options are of two general types, ""call"" options and ""put"" options. Call options have the characteristic of having the right to buy a tradable commodity or currency at a predetermined price for a specified period of time. For the owner of call options, they become more valuable as the price of the underlying commodity increases. For the seller of call options, these options become an increasing liability as commodity prices rise, since there is the obligation to sell the commodity at a predetermined (perhaps lower-than-market) price. This characteristic of call options recently became high profile with the sharp rise in gold prices last year. The value of gold call options sold by certain producers increased their associated liabilities to the point where margin calls were made."

Jan 1, 2003

By d&apos, F. Elia

Hot cracking of magnesium (Mg) alloys during welding creates a barrier to enhancing the use of these alloys in automotive applications. As a result, it is imperative to understand the mechanisms responsible for hot cracking of Mg alloy welds in order to develop means of eliminating this problem. In this study, the hot cracking susceptibility of AZ91E and AE42 magnesium alloys were assessed using the moving torch Varestraint test method. Plates of 3 mm thickness were extracted from AZ91E and AE42 ingots and subsequently tested. Quantitative cracking data in terms of maximum crack length (MCL) was used for evaluating the cracking susceptibility. Scanning electron microscopy was carried out. The results suggest that AE42 showed a higher resistance to hot cracking in comparison to the AZ91E alloy. This was attributed to the difference in microstructure between the two alloys. In the fusion zone and HAZ of AE42, the brittle needle-like A1IIRE3 phase was seen to decompose to the more ductile particle-like Al2RE phase, thereby increasing the alloy's resistance to hot cracking. In contrast, SEM fractography revealed that brittle A16Mn and Mg17A112 intermetallic particles segregated to grain boundaries and triggered hot cracking in AZ91E.

Jan 1, 2011

By Knud Sinding

Mining firms are widely criticised for their adverse impacts on the environment. At the same time many firms in the industry devote extensive resources, both financial and managerial, to the reduction or elimination such impacts. Very considerable improvements have been made, although these are sometimes overshadowed by a few high-profile accidents, such as the occasional collapse of a cyanide-containing tailings dam. In parallel, much effort is also directed at projecting a positive environmental image, as witnessed by extensive environmental reporting, both on paper and increasingly through web-platforms. Mining projects today almost invariably involve some form of environmental protection. In industrial countries regulations in this area are extremely stringent, as is enforcement. In less well developed countries, regulation and enforcement may be weaker, but firms are in many cases and for a number of reasons committing themselves to high levels of environmental protection, even if they might get away without doing so. Research in the area of environmental performance of mining firms has so far paid much attention to concepts such as sustainability indicators and the sustainability of individual firms. Given the still raging debates about the appropriate way to determine the degree to which any given firm is sustainable (Welford 1995) as well as the usefulness of what will in the final analysis be a value judgement, anyone on the sidelines of the debate will come back to the fundamental issue, how is knowledge that a particular firm has been judged ?sustainable? going to be made use of. This issue remains unresolved, which may explain the lack of progress in formulating a useful definition of a sustainable firm The question addressed in this paper is not so much about what firms are doing on the ground or in any particular case of environmental protection, but more in the subsequent use of these efforts - and by extension - on the overall direction of corporate environmental strategy. The fundamental problem facing all mining firms is that they cannot easily benefit from unilaterally reducing their environmental impact. The firm can of course avoid liability and keep a variety of stakeholders happy and hence experience lower costs of obtaining the [input] resources they need (in a broad sense, not just minerals), but this represents only part of the opportunities available form pursuing an environmental strategy (Reinhardt 2000). The other part, which may have an enormous potential, involves the concepts of competitor management and product differentiation. The logic of keeping stakeholders happy has been most forcefully argued by Pfeffer and Salanchick (1978) who link the behaviour of firms in all domains to their ability to obtain the resources they need, at a cost that is lower than it would otherwise be (Pfeffer & Salanccik 1978). Several varieties of strategy can be included under this heading, including cost reduction and risk management. The alternative logic is to convince customers that they want to pay more for minerals supplied by mining firm X or directly attributable to mine Y, or by making all mineral users pay more. These two strategies, which may be referred to as product differentiation and competitor management, respectively (Reinhardt 2000) are related to the demand side of mineral supply, whereas cost reduction and risk management are related to the supply side. Mining firms have not pursued the demand side very much, if at all. This is probably due to the extreme difficulty of moving mineral products, bulky and unglamorous as they are, away from their

May 1, 2003

By Hans Lundberg

During the last few years, geophysical methods have been introduced to aid mining geologists and mining engineers in locating mineral deposits. These methods have been developed as the result of investigations of various physical characters of minerals and rocks. In prospecting for ore-bodies, electrical methods have proved most successful. These methods are based on the great differences in electrical properties, and especially in conductivity, between ore minerals and rock minerals. The electrical resistance of the common minerals, rocks, and ores in ohms per cubic céntimeter is given in the following table: [ ] The first attempts at electrical prospecting were based on observing currents of polarization around certain ore bodies, which currents it was possible to measure. This method has been developed by Prof. Schlumberger and has been utilized by him successfully. He is represented on this continent by Mr. Sherwin Kelly, who has successfully operated the method here.

Jan 1, 1926

By Karl J. C. Harries

"9.1. INTRODUCTIONIn Chapter 5 of Volume I royalties are dealt with and several topics would appear to be duplicated in this Volume. However, Volume I may be looked upon as a general guide, whereas this Volume is a reference volume. It deals in considerable detail with specific provisions and concepts relating to royalties between private parties. This does not, however, mean that Chapter 5 can be ignored. It should be looked upon as a source of general information concerning royalties between private parties and as a negotiating aid intended to give an overview of various topics. You may well find that in its general approach it will lead you to ask a question which, hopefully, will be dealt with in this Volume .It should be remembered that royalty agreements are agreements with a particular focus, and so the concepts set forth in Chapter 1 apply to them. This chapter addresses a few considerations specific to royalties that will usually form part of an agreement rather than a stand-alone agreement.9.2. FORMAT FOR ROYALTY PROVISIONSIn many of the cases where royalties arise, they are adjunct to, or part of, other arrangements. For example, a royalty may form part or all of the consideration to be given to an owner upon purchase of his property, or it may arise if a joint venturer ceases to contribute to the venture and has his interest converted to a royalty.1 It is with such situations that this section primarily deals; if the royalty is contained in an agreement that is singularly, or primarily, concerned with creating it, then it is just a normal agreement.Commonly, by the time the right to receive the royalty arises, at least some of the other provisions of the agreement have been performed and/or become redundant. For example, in an option agreement the royalty will be a continuing obligation of the optionee, usually arising only after the option has been exercised.2 In a joint venture agreement, a royalty will often arise where the interest of a non-participating venturer has been diluted and converted to a royalty, in which case the recipient will usually become a passive party, entitled only to his royalty, and most of the rights that he enjoyed as an active venturer will cease to be effective."

Jan 1, 2003

By C. E. Baltzer, W. H. Harper

"This study has been developed to illustrate the trend and pattern of distribution applying to the quantities and costs of the fossil fuels used, and the related amounts of electricity generated, in the thermal segment of the Canadian electric utility industry.Traditionally, Canada's requirements for electric energy have been preponderantly met by hydraulic power. The need for augmented supplies of thermally generated power has mainly developed since the close of World War Il-in an era that has seen drastic decline in the production of indigenous coal and buoyant expansion in the supply of oil and natural gas. Although coal currently is faced with serious competition from the fluid fuels, the utility industry in particular promises an advancing market for coal, because of its abundant resource, at prices less likely to show sharp increase. For Canada as a whole, this trend has been progressive since 1959, and, unbelievable as it may now seem, the extent of the advance by 1975, particularly in Ontario and the Prairie Provinces, may well be as much, or even more, than the present rate of consumption for all purposes.The text and the tables and charts are arranged to focus attention on: the growth of thermal genera ting capability; the historical trend in consumption of fuel and the related production of electricity; patterns of distribution by types of fuel and thermal capacity; the relationship of steam to other sources of thermal capacity; and the quantities, costs and related percentages of electricity generated by types and kinds of fuel used, both regionally and provincially."

Jan 1, 1966

By J. Stiksma, R. Kalanchey, M. J. Collins, G. Owusu, R. Raudsepp, K. R. Buban, L. A. Barta, L. Masters

This paper describes the results of testwork for the treatment of Ambatovy laterite by an acid pressure leach process, with recovery of the soluble nickel and cobalt values as mixed sulphide intermediate by precipitation with hydrogen sulphide, and subsequent refining of the mixed sulphide to nickel and cobalt metals. These process development studies were carried out primarily in 2004, as part of a bankable feasibility study for the Ambatovy Nickel Project.

Jan 1, 2004

By Claude K. Howse

The area covered by the present paper consists of about fifty square miles in the immediate vicinity of the settlement of St. Lawrence, which is on the Southern extremity of the Burin peninsula on the south coast of Newfoundland. Physiography Physiographically, the area is part of the Atlantic upland, equivalent to the New England province of the United States. Evidences of two erosion surfaces are to be seen truncating the intrusives and the folded volcanics and sedimentary rocks. The older erosion surface is represented by small monadnocks from 650 to 750 feet in height with the younger surface covering most of the area and characterized by rounded subdued topography with maximum relief of two to three hundred feet and numerous ponds and bogs. These surfaces have been correlated with the High Valley and the Lawrence peneplains of Newfoundland. On the Avalon peninsula, these peneplains have elevations of, respectively, from 1,300 to 1,700 feet and from 500 to 1,000 feet. Glaciation The entire peninsula has been glaciated, with lee-and-stoss slopes showing on the highest hills in the immediate vicinity, many of which have striae and erratics on their summits. The lee-and-stoss slopes, the glacial striae, and the distribution of certain rocks found in the drift and whose source outcrops are known, indicate a southward direction of ice movement.

Jan 1, 1951

By W. G. Jewitt

Introduction The use of the aeroplane in prospecting is already familiar to everyone connected with the mining industry. Apart from transportation companies, three organizations, the N. A. M. E., the Dominion Explorers, and the Exploration Department of the Consolidated Mining and Smelting Company, have made the aeroplane an everyday feature in every mining district in Canada. Its use has been demonstrated successfully in the mountains of British Columbia, but perhaps its greatest field lies in the Canadian Shield, where the numerous lakes and rivers afford an almost continuous series of landing places for aeroplanes, on floats in the summer and on skis in the winter. To the man who has travelled by canoe, toiling over fly-infested portages or held for days at a time, wind-bound, on the big lakes, the ease, speed, and cheapness of aeroplane travel have marked the beginning of a new era, in which ground previously covered with difficulty in a month or more is travelled with ease in a few hours. Development of an air service in the Consolidated Mining and Smelting Company has proceeded on different lines from those of other organizations, and this paper is concerned with that development.

Jan 1, 1931

By B. I. Whittington

This paper examines the effect of cation type (i.e. NH4+, Na+ and K+) and anion type (i.e. SO42- and C1-) on the extraction of nickel during the pressure acid leaching of a Western Australian laterite ore. The results are compared with testwork conducted with other Western Australian nickel laterite ores and the possible process implications of adding an additive to a plant autoclave are considered. Addition of either (NH4)2SO4, Na2SO4 or K2SO4 increased both the nickel extraction and the acid consumption, provided that the level of additive was not too great. For example, the nickel extraction of 93% increased to above 96% in the presence of additives, but decreased to 94% when, for example, NH4 levels increased from 7 kg/t ore to 21 kg/t ore. The relative stability of the jarosite species formed when additives were present influenced the amount of jarosite in the residue and, hence, both the final free acidity and overall nickel extraction. The use of Cl- versus SO42- salts as additives had little effect on overall nickel extraction or overall free acid values, although the presence of SO42- additives appeared to enhance nickel extraction kinetics over the first 60 minutes of the reaction. In contrast, manganese extraction was enhanced by the presence of Cl- additives.

Jan 1, 2004

By Alexander Smith

"The three principal known mineral deposits of the Taku River area lie in the Tulsequah synclinorium. The axis of this north-south trending structure is along Tulsequah River valley; about 6 miles east of the eastern contact of the Coast Range batholith.The one proven mine of the area, the Polaris-Taku, is on the west side of the valley. It is a gold property, the gold occurring in fine needles of arsenopyrite disseminated in carbonatized volcanics. The mine was originally called the Whitewater, and the adjacent area the Whitewater gold belt. During the years 1937 to 1942 gold having a value of $3,284,000 was produced from 313,500 tons of ore milled."

Jan 1, 1954

By B. W. Snyder

INTRODUCTORY THE earliest known case of transmission of natural gas by pipe lines was early in the Christian era when the Chinese used bamboo pipes to transport natural gas from surface seepages to heat brine for the recovery of salt. Since that time many materials have been used as conduits-hollow wooden legs, wood stave pipe, day tile, cast iron, and, finally -since about 130 years ago - steel pipe. Even then, this new material came into use rather . slowly for, as recently as 80 years ago, wood pipe was still being used. However, as techniques were developed to take advantage of the properties of steel, this material gradually replaced all ethers for the transportation of gas for longer and longer distances at ever increasing pressures. In 1912, one of the longest pipe lines of its size at that time was built-this was a 16-inch line bringing gas from Bow Island to Calgary, a distance of 170 miles. We have been able to find records of only two ether such lines at that time-one a 185-mile 16-inch line from Vivian, Louisiana, to Little Rock, Arkansas, completed in the summer of 1911, the ether a 280-mile line from West Virginia to Toledo, Ohio. This last ? mentioned line was reported in a magazine article of September, 1912, but no indication was given of its size on completion date. It is apparent, therefore, that modern high pressure transmission of natural gas is a technique less than forty years old.

Jan 1, 1951

By A. McEachern

At the Annual Meeting of this society, held in Halifax last year, a paper entitled "Closed System Breathing Apparatus" was read by I. C. Mackie, metallurgist, British Empire Steel Corporation. Coming from such an authority it was most instructive and illuminating. The purpose of the paper was to emphasize the necessity of a full supply of oxygen and the danger of oxygen shortage in the use of rescue breathing apparatus. In connection with this he pointed out: "In times of emergency, when life is at stake, rescue men cannot be restrained from using their utmost endeavor, and unless the apparatus is adequate to meet the heaviest load, the result may be fatal to the wearer. The body's demand for its oxygen requirement is absolutely imperative and must be granted at once. We can do without food for many days and without water for many hours, but we cannot do without full requirements of oxygen even for a few minutes. Furthermore, the victim of oxygen shortage gets practically no warning. He may fall helpless or unconscious before realizing that he is in a serious condition." Hence the necessity for expelling all the nitrogen from the breathing-bag and filling it with pure oxygen; also filling the lungs of the wearer with oxygen before he begins to use the breathing apparatus. This practice is general at all the collieries under the British Empire Steel Corporation.

Jan 1, 1924

By Robert B. Parsons

"There is a widespread concern that certain of Finance Minister Michael Wilson's Tax Reform proposals will likely lead to a significant decline in flow through funding after 1988. This does not bode well for the junior exploration sector, which relies heavily on flow-through to finance exploration programs. The exploration industry is actively pursuing various solutions to the problems posed by Tax Reform, in order to ensure that flow-through has a future.IntroductionWhile the proposals contained in Finance Minister Michael Wilson's Tax Reform White Paper may not be as far-reaching as some people had expected, nevertheless the combination of the existing tax rules and proposed new rules offers sufficient complexity to keep pencils sharpened for many months. After having had an opportunity to study Tax Reform since June 18, 1987, the sharpened pencils are suggesting that the White Paper is not without its shortcomings and pitfalls. Insofar as the mineral exploration industry is affected, there is widespread concern that adoption of certain Tax Reform proposals could spell near disaster for mineral exploration in Canada. More specifically, there seems to be a consensus among the industry, as well as some federal and provincial government officials, that the announced phase-out of the ""mining exploration depletion allowance"" (MEDA) would reduce the appeal of flow-through shares to the point where only a fraction of exploration funding would be financed in the future by flow-through."

Jan 1, 1987

By D. A. Trotter

"Low-pressure sodium light sources have been available for several years, but have not received wide acceptance in underground mining. This is because they are difficult to operate using DC power, they are not an intrinsically safe light where explosive gases may be encountered and they give poor colour rendition.With the need for energy conservation, several Canadian hard-rock metal mines are now changing their lighting to low pressure sodium, as it has the highest efficacy of any light source in terms of lumens per watt. Studies have pointed out several other advantages as well. Glare can be controlled, they penetrate fog well, they are easily maintained, they have a long life and they give the highest visual acuity when compared to other types of lighting. As well, in an underground mine, contrast is much more important than colour for task identification. For close work, the colour problem is alleviated with the use of cap lamps.Case studies are presented from Canadian practice. These show how the lights are modified for underground use, calculations preceding light installation, and how and where the lights are installed in the underground environment. Mention is made of worker reaction to the lights and possible physiological effects.IntroductionThe importance of good underground lighting to the total environment of mining cannot be overemphasized. In addition to the obvious benefits of improved worker morale, available studies show that good lighting practices reduce accident severity and frequency as well as increase production."

Jan 1, 1982

By Enrique Rubio

Several mining operations are currently evaluating the feasibility of changing their mining method to Block Caving. There will also be several deep low-grade ore bodies that will face the need to go underground in following their ore to depth. There are two main reasons why Block Caving is attractive: firstly, it offers the lowest operating costs amongst all the mining methods; and secondly, it is truly a massive mining method, offering the highest potential production capacity. Despite its longstanding popularity, there are still significant components of the method that are not clearly understood. Also, the lack of availability of key geomechanic information still presents a major obstacle to developing mine planning and production scheduling. There are several key issues in block caving that can make it feasible such as cavability, fragmentation, stresses will condition the way that a block caves and the way that material is drawn from the draw points. Consequently Block Cave mining method is a good example where the ore body has to be related to design and mine planning. The concepts of dilution, draw control as well as sequence definition are reviewed in this paper to illustrate the idea of integration. There have been some examples of mines where some of the components of mine planning have not been integrated causing a disaster in terms of economics or safety. Different layouts configurations might give a different result in the planning of the mine

May 1, 2002