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By D. O. Downing

"The 1990s saw enormous changes in the Canadian coal industry and the future promises to be no less turbulent. While the markets served by Canadian coal producers have changed and buying practices continue to evolve, the coal mining, or supply side, has also changed remarkably in response and now provides the basis for an interesting industry story.The dynamic situation in coal mining has led to some surprising outcomes and seemingly contradictory developments. This paper outlines the changes that have occurred, and which are still unfolding in Canadian coal mining, firstly, in terms of mining technology and productivity, secondly, in terms of corporate divestments, acquisitions and bankruptcies, and finally, in terms of resource development. The paper also outlines some plausible futures for the industry looking ahead."

Jan 1, 2002

By Ron Millions, J. A. Folinsbee, Ishwinder Grewal, Michael Fullam, Don Strickland, Tony Y. Chong

"Since milling began in 1912, the Dome mill, now part of the Porcupine Joint Venture (PJV), has been expanded several times, the most recent increasing the milling rate from 3,500 to 11,500 tonnes per day. Dome uses conventional crushing and grinding followed by gravity concentration to recover free milling gold. A cyanidation/CIP process recovers the remaining gold in the gravity tails.Over the past few years, continuous gravity improvements have increased the gravity recovery from 20% to nearly 50% of the plant feed gold. This paper describes some of the factors that have contributed to this dramatic increase, and suggests how gravity recovery can be further improved. Gravity circuit availability has been improved to >98% with the implementation of a preventative maintenance program. More Knelson concentrators have been added to the circuit, and in 2002, an Acacia Intensive Leach Reactor was installed to replace the shaking table. In 2003, the entire gravity circuit was audited to evaluate and quantify the circuit performance. The metallurgical and mechanical operating conditions of the gravity circuit are now well understood, and areas for further improvement are well defined.INTRODUCTIONThe Porcupine Joint Venture was formed in 2002 between Placer Dome Inc. and Kinross Gold Corporation. One of the goals of the JV was to use the milling capacity of the Dome mill to process ore from Placer Dome and Kinross mines in the Timmins Camp. The PJV Dome Mill utilizes gravity concentration, cyanide leaching and carbon in pulp gold circuits to recover gold. Gravity recovery has been used in some form at the Dome Mill for most of its existence, first using conventional jigs, these being replaced in 1993 by two Knelson Concentrators, one for each of the two grinding circuits in the Dome mill. Over the years more concentrators have been added to improve the gravity recovery, most recently in 2002 for a current total of five. Also in 2002, an Acacia Intensive Leach Reactor was added to process the Knelson concentrate, replacing the shaking table."

Jan 1, 2004

By K. G. Chipman

The Geological Survey is the oldest map making department in the Canadian Government service, and when organized in 1842, one of the first principles to be recognized was the absolute necessity of having good maps. The primary purpose of the Survey has always been geology; but because a graphic representation by means of maps makes the written report .more readily intelligible; because the correlation of known geological facts is often difficult or nearly impossible unless they can be represented on a map; and, because the public demand information shown in this way, the Geological Survey must continue to supply maps; and the supplying of these maps must be considered as an essential part of the work of the Survey. It is a commonly recognized principle of pedagogics that an appeal to the eye is quicker than one to the ear; that children (and others) learn more quickly when a thing is presented to them through the eye rather than through the ear. The application of this principle to the work of the Geological Survey is that, to a large number of people, the message of a map is more quickly grasped, is more readily intelligible, and is in many ways of more interest and value than is the same information in a report. I do not mean that the maps are of more importance than the reports.

Jan 1, 1924

By J. C. Rudolph

"THE TOPIC on which I am speaking this afternoon is ""The Future of the Canadian Oil Industry.'' At the time of C + 100, we should take a searching look at ourselves, an honest appraisal of our achievements and a forthright accounting of our shortcomings as well as the uniquely Canadian aspects of this industry. I would like to put before you some of my views on the direction we are taking in the exploration field and in the production field. I would also like to speak briefly on some of our problems and the role of the various segments of our industry in solving these problems.First of all, let us look at the exploration picture. We are in the midst of an exploration boom. There were 133 seismic crews active in Western Canada this winter, the highest since 1957, land prices are appreciating rapidly, Canadian oil reserves increased + 16 per cent during 1966, there is a great demand for technical personnel of every kind and the whole industry, except the drilling segment, seems to be prospering. This surge of activity has its roots in two major occurrences. The first of these was the change in the pro-ration system in Alberta, the major producing province, accompanied by the change in spacing pat-terns. The proration change was designed primarily to encourage in-creased exploration and it has certainly had this effect. It has also had the unforeseen effect of put-ting everyone into what we, in the oil business, call ""elephant hunting."" In other words, the days of the development of barely economic, marginal fields are over. Oil companies today are only interested in high-reserve, high-productivity, high-quality reservoirs."

Jan 1, 1968

By P. J. Sylvester, D. H. C. Wilton, R. I. Wheeler, M. A. E. Huminick, D. Evans-Lamswood

"Abstract — Systematic characterization of the mineralogy of massive sulfide ore deposits can provide valuable insights into ore genesis and metallurgical processing that would not be apparent otherwise. We describe a method wherein (1) normative mineral abundances are calculated from whole-rock chemical assays using an algorithm, (2) the results are cast in block models, (3) the results are then verified with automated image analysis of a subset of samples prepared as grain mounts by backscattered electron imaging and X-ray mapping on a scanning electron microscope, and (4) those verified results are integrated with textural data determined by optical microscopy.The technique is applied to the magmatic Ni-Cu-Co sulfides of the Ovoid orebody, based on geochemical assays of 3175 whole-rock samples. Three principal ore zones are defined in the Ovoid. Type I ore occurs in the center of the deposit; it is magnetite-rich and pyrrhotite-poor with intermediate contents of pentlandite and chalcopyrite. Type II ore surrounds Type I ore and is pentlanditechalcopyrite- rich with intermediate contents of pyrrhotite and magnetite. Type III ore occurs at the base and along the outer periphery of the northern part of the orebody; it is pyrrhotite-rich and chalcopyrite- poor with an intermediate content of pentlandite, and a low-to-intermediate content of magnetite."

Jan 1, 2012

By Pierre Lacombe

"The operation of the Louvicourt Mine will have to rely on stringent grade control and on the optimization of the amount of blocked ore made available per given development effort. All of the above being necessary to obtain the highest throughput at the lowest mining cost.To assist in achieving these objectives, the need for production of a competent fill with short curing time was recognized early by the project partners. As well, operating costs associated with the selected method should be as low as possible while meeting the technical criteria.A feasibility study comparing filling methods showed potential benefits in all aspects of the paste fill use, except for its higher capital costs and increased operational complexity. This last consideration was tackled by the conservative design approach adopted in the flowsheet development of the paste fill plant.Since commissioning of the plant has just been completed at this time, the paper will focus on the feasibility study and its background, the design of the plant and testwork results at pilot plant and plant scale.RésuméLe succès de l 'opération de Louvicourt Mine dépendra d' un contrôle serré des teneurs du minerai et de la maximisation de la quantité de minerai développée par effort uni ta ire. Ces critères devant etre respectés afin d'obtenir le taux de production le plus élevé au coût le plus bas.De façon à satisfaire ces contraintes, les partenaires du projet ont reconnu tôt la nécessité de produire un remblai de qualité tout en maintenant un temps de curage court. De plus, les coût d'opération associés a cette opération se devaient d'être des plus avantageux sans sacrifier l'atteinte des objectifs techniques.Une étude de faisabilité comparant différentes méthodes de remblayage a démontré que le remblai en pâte offre des aspects positifs sous taus les angles, si ce n'est de son coût en capital initial élevé et de sa complexité relative d'opération. Ce dernier point fut considéré de près par l'adoption d' une approche conservatrice lors de la conception de l'usine de rernblai.Puisque la mise en service de l'usine n'a été faite que les détails de l 'étude de faisabilité et ses fondements, 1 'usine et des résultats d' essais obtenus a l'échelle de l'usine seront discutés."

Jan 1, 1995

By O. Matwijenko

"1. IntroductionThe Falconbridge Owl Creek open pit gold mine is located 17 km northeast of Timmins and 2.5 km west of the Kidd Creek metallurgical site. Diamond drilling first commenced in 1964 with open pit production commencing in 1982. Other operations within close proximity are the Canamax-Pamour Bell Creek Mine and the Falconbridge Hoyle Pond Mine.Since 1982, 1,216,000 tonnes assaying 4.5 g/t have been processed in six concentrators. This paper summarizes the metallurgy achieved with special emphasis on some of the unique problems encountered in the processing of this refractory ore.2. GeologyThe Owl Creek deposit, located 3 km north of the Porcupine-Destor fault is in easterly trending carbonaceously altered volcanic and sedimentary rocks. The deposit strikes east and dips steeply north.The ore body can be best described as a wedge shaped sandwich of volcanic basalt between the surrounding sedimentary greywacke. The north and south volcanic-sedimentary interfaces are marked by graphitic zones. The south graphitic contact is more continuous with its thickness varying from 5 m to 20 m as compared to 0.5 m to 3 m to the north. Quartz veins occur throughout the deposit with a predominant vein running along the south contact where it is characterized by numerous graphitic inclusions. Some veins carrying gold values intrude into the sediments in the north. With depth the sedimentary and volcanic zones taper while the quartz-graphitic zones appear to become more dominant."

Jan 1, 1988

By V. N. Bryant

"1.0 SYNOPSISThe Colomac property, located 137 miles by air northwest of Yellowknife in Canada's NWT. will recover gold from 10,000 tons per day of open pit ore.The decision to proceed with the project was based on a mineable ore reserve of 16 million tons (including dilution) averaging 0.064 oz/ton. After an in-fill drilling program in the latter half of 1988, Colomac's mineable, proven and probable ore reserves were increased to 28 million tons averaging 0.056 oz/ton of gold.A feasibility study completed by Wright Engineers for Neptune Resources in December 1987 examined the possibility of vat leaching followed by C.l.P. and electrowinning. A second feasibility study completed by Wright in February 1988 demonstrated that a conventional agitated leach circuit using a finer grind justified the higher capital cost of this process. This study was accepted and formed the basis of the project authorization.Preliminary engineering commenced in April 1988 and detailed engineering was started in September of that year with the objective of a mine/mill start-up by early 1990.The short time period available to meet the project deadline was additionally challenging, as site access is either by plane year round, and winter road from early February to late March. Normal lead times for equipment design, specifications, quotations and bid analyses were not possible, if the winter road time-slot was to be met."

Jan 1, 1990

By Lawrence D. Hoy, Armand Savoie, Pierre Trudel, Ghislaln Tourigny, Robert Crépeau, Lao Kheang

"Recent fluid inclusion and stable isotopic studies in the Bousquet mining district have identified spatial and temporal trends in mineralization temperatures and isotopic compositions of vein forming fluids. These studies indicate that mineralizing temperatures were lower during sterile vein formation (T=200-300°C) than during auriferous vein formation (T = 300-400°C), and that 8 80 values of minerals in sterile veins are lower by 1-3 %o than in associated auriferous veins. In addition to these small differences in 8 80 within individual mineralized zones, a trend of increasing 8 80 values of vein minerals is identified from west to east across the district, with 8 80 of vein minerals increasing by4-6%o. Quantitative evaluation of potential causes of the observed oxygen isotopic shifts suggests that the best explanation for these trends is the derivation of the mineralizing fluids from an isotopically inhomogeneous terrain in which the fluid isotopic compositions are controlled by the isotopic compositions of the host lithologies due to high rock/water ratios in these source terrains. This inhomogeneous source terrain is interpreted as consisting of the Blake River Group volcanics (low 8 80 component) and the adjoining Kewagama and Cadillac Group sediments (high 8 80 component).The genesis of the hydrothermal fluids is attributed to crustal heating during metamorphism, with the fluids representing metamorphic dewatering products and/or fluids incorporated during deposition and burial of the host lithologies. Ductile deformation of the fluid source regions impeded fluid migration during metamorphism; the ultimate release of the mineralizing fluids is attributed to the penetration to depth of vertical structures (fault and shear zones) during brittle deformation of the crust under waning metamorphic conditions. Release of fluids caused by this puncturing of the closed hydrologic source regime produced a localized zone of lowered pressure, drawing fluids from adjacent lithologies toward the fault zones, feeding further hydrothermal fluid upwelling. Au mineralization resulted from chemical processes related to cooling of the hydrothermal fluids and/or interaction with lithologies encountered during fluid migration; the level of crust at which Au deposition occurred likely migrated upward with the thermal anomaly caused by hydrothermal fluid upwelling, eventually reaching the level of current exploitation. Cessation of fluid flow along the vertical structures is attributed to inadequate recharge of the hydrothermal systems as fluid contents were depleted in the lithologies proximal to the vertical structures and/or sealing of the structures by mineral deposition."

Jan 1, 1990

By P. J. Lunder, R. C. Pakalnis

This paper presents the results of research that has been undertaken in order to develop an improved method of determining the strength of hard-rock mine pillars. Pillars are found in various shapes and sizes in all underground mining operations. Prudent engineering design requires that if pillars are to perform as desired, both the pillar strength and the pillar stress must be determined. A detailed pillar stability study has been combined with an extensive database of published pillar case histories (178)resulting in a new “hybrid” pillar strength formula, “The Confinement Formula”, that utilizes classic strength of rock methods combined with empirical methods. “The Confinement Formula” utilizes a “mine pillar friction term” calculated from the average minor/major stress ratio with-in the pillar core. Statistically, the new formula provides better results at predicting pillar strength for the combined database than the best empirically ft pillar methods that currently exist. “The Confinement Formula” allows for the determination of the strength of mine pillars with an increased level of confidence over previously applied methods.

Jan 1, 1997

By C. Hunt, J. Vivas, D. M. Allen

"In this paper we present the results of a combined remote sensing - numerical modelling study to improve our understanding of groundwater seepage in open pit and natural rock slopes, and to investigate the interaction between groundwater, in-situ stress conditions and brittle fracture. The location of seepage is a key element in the characterisation of rock slope stability in open pits and natural slopes; definition of the fracture network geometry and its inter-relationship with seepage, however, remains a challenge in engineering practice. Current techniques used to characterize groundwater seepage locations require direct access to the rock slope for a detailed and exhaustive investigation, and can be severely limited due to access and the limited coverage of the survey methods both with respect to the height and length of the sampled rock slope. Herein, we describe remote sensing methods, which allow the collection of structural and seepage information over a wide spatial area. Remote sensing techniques are shown to have the potential to provide additional insights into the orientation and general connectivity of fractures that may play a major role in the general stability of a rock slope. A preliminary methodology for the use of remote sensing in the characterization of seepage zones in a natural slope through the application of ground-based LiDAR and Infrared Thermography (IRT) is presented.One of the most challenging problems in rock slope engineering is the realistic simulation of fluid flow through fractured and deforming rock slopes. Deformation and the development of brittle fractures can cause significant local changes in the permeability and strength of the rock mass, potentially affecting rock slope performance. Understanding fluid flow through fractured and deforming rock slopes, especially in highly-stressed environments is of great importance for slope stability analysis. Changes in the interconnectivity of fractures during slope failure are an important, yet are relatively unstudied in rock slope engineering. We present the results of hydromechanical UDEC-Trigon rock slope models focussing on the potential role of brittle fracture in rock slope failure, its interaction with groundwater pressures, and the influence of the assumed in-situ stress ratio. Damage intensity parameters are used to characterize damage within different regions of a biplanar slope failure."

Jan 1, 2015

By T. R. Roy

"This paper presents an objective model for the estimation of fire risk potential of an underground coal mine panel by the bord-and-pillar method of mining where extraction is carried out by depillaring with caving. The fire risk rating procedure for the estimation of fire risk potential involved in the panel is described in detail. The model developed thereof is tested with the field data collected from different collieries across the country along with the laboratory data for critical assessment of fitness of the model. Some results showing the validity of the model are also cited here. Introduction The occurrence of fire in underground coal mine panels is quite common in India and elsewhere. These fires cause extensive loss of resources.Although substantial work has already been done by different research organizations, the problem has not been fully eliminated.The causes of panel fires depend not only on the spontaneous heating susceptibility of coal, but also on the extraneous conditions created in the panel due to the mining operations. From the studies done so far by various organizations, it is apparent that two types of parameters associated with spontaneous heating of a coal mine panel exist: intrinsic and extrinsic. Parameters related to the nature of coal, i.e., its physicochemical characteristics, petrographic distribution and mineral make-up are intrinsic, while the extrinsic parameters are related to the atmospheric, geological and mining conditions such as scope of leakage of air into the panel, wetness of mines, heat dissipation capacity of the panel, gassiness of seam, geological disturbances, method of extraction, size of panel, etc.Banerjee (1982) identified twenty-two mine parameters such as spontaneous heating susceptibility of coal, method of mining, geological disturbances, quality of overburden, degree of consolidation of coal mass, scope of accumulation of coal fines, etc. that can influence spontaneous heating in underground mines. He used the terms “high” and “low” for fire risk rating of each of these parameters. Since this approach is oversimplified, it can not determine the exact fire risk potential of an underground working."

Jan 1, 2003

By B. K. Ayres

Modern management of uranium mine or mill waste storage facilities (WSFs) often requires that they be remediated or decommissioned with a cover system. In addition to creating a self-sustaining landscape that supports the end land use, cover systems are intended to reduce long-term risks to human and ecological receptors from the stored waste to acceptable levels. The performance and longevity of a cover system will be strongly influenced by the features or shapes of the WSF final landform. Hence, cover systems and landforms must be thought of as an integrated design. Based on the author’s experience, the most important elements of the design process for maximizing the potential of WSF final landforms / cover systems being sustainable over the long term are noted in this manuscript. Several key items that must be considered and addressed during the planning phase of constructing a WSF final landform are also described. Various methods for monitoring performance of a WSF final landform are also reviewed. Key aspects associated with decommissioning a tailings WSF and waste rock pile at the former Cluff Lake uranium mine in northern Saskatchewan are included to illustrate many of the practical insights provided in this paper.

Jan 1, 2020

By G. M. Humphrey

It is a great honour and privilege to be here in this distinguished company of the outstanding men in the mining industry and the political life of Canada. I fully recognize that I am so honoured as a symbol of the combination of American and Canadian leaders in industry who are partners in the sponsor-ship of the Quebec-Labrador iron-ore mining development which we are undertaking, and as such I want to express our great appreciation of the co-operation and assistance we have met on every hand in Canada, and the genuine friendliness and never-failing courtesy which we are always accorded. We are quite aware that it springs primarily from the very high regard in which our partner and sponsor, Jules Timmins, and our other Canadian associates are held. Their high standing among you is well known and we quite naturally fall heir to the benefits of the great esteem in which you hold them. Jules Timmins and his long-time associate, John Knox, were the original inspiration for our participation in this venture. It was their enthusiasm and vision which caught our interest and led to our joining with them in the years of exploration and search which have brought us to the threshold of this great development where we stand today. So much has been written of the details of our exploration and plans for future development that it would bore you for me to review them further here, but there is a phase of this development, and an extremely important phase of it, which I think has passed almost unnoticed and which it may be well worth while for me to bring to your attention this evening.

Jan 1, 1951

By Paul E. Lamoureux

Introduction The Author As the pail of smoke and wartime destruction gradually rises from the surface of the earth, from all countries, statesmen assemble to discuss and prepare pacts and treaties which are designed to, once more, bring people of all nations to understand each other and live in harmony. Scientists and engineers throughout the world are also undergoing a drastic reconversion in their ideas and objectives. No longer do they think only in terms of destruction and twist their brains to develop more devastating weapons or to surpass production records of war machinery. They have turned their eyes and ambitions to more pleasant tasks and are taking stock of wartime developments in materials, fabricating procedures, and equipment, many of which had been carefully shrouded with a veil of secrecy, and are applying their new knowledge to the fabrication or improvement of the tools of peace. The next few years will see the gradual elimination of scores of substitutes and makeshifts, expedients which the constantly changing law of supply and demand' under wartime stress necessitated. The universal search for satisfactory substitutes, however, has resulted in a general awakening of plant engineers to the possibilities of materials with which they were relatively inexperienced, with the result that, in many instances, what was considered a substitution at the outset turned out to be more satisfactory than the original material, and, in reality, can be considered a worthwhile development. Not only have materials been explored, but existing fabricating processes have been reviewed, and others, built around the properties and characteristics of new materials, created.

Jan 1, 1947

By S. McAlister

"Falcon Concentrators Inc. has developed a high capacity centrifuge for the recovery of fine, free gold as well as other metals and minerals which were previously thought to be unrecoverable by gravity means. Development started in the early 1980's and the first commercial operation was commissioned in 1986. Gold applications include scavenging conventional gravity and cyanidation circuit tailings, cleaning gravity concentrates, cleaning flotation concentrates to melting grade, scavenging flotation tailings, and placer mining. Recent development work by Falcon has expanded the applications scope of the centrifugal concentrator to include many minerals amenable to gravity concentration including iron, tin, industrial minerals, and hazardous wastes. This paper discusses this technology including its history, present applications, and future potential. OVERVIEW OF CENTRIFIJGAL CONCENTRATIONUsing centrifugal force to enhance the separation of materials by differential specific gravity has been researched for over a century. Many attempts have been made to concentrate minerals in high gravity fields. Patents were granted on this subject as early as 1891 (see Figure 1). Patenting activity continued into the 1920's and has been relatively quiet since. It is significant that no centrifugal system of gravity concentration has been broadly accepted by the mineral processing community until recently. Much of the world's reserve of mineral deposits which are amenable to conventional gravity concentration technology (coarse-grained) have been mined and therefore there is an increasing demand for technology which can economically recover the fine-grained gravity recoverable minerals in the remaining deposits. In addition, centrifugal concentration can play an increasing role in solving environmental problems by offering an inexpensive method of concentrating hazardous materials such as uranium, plutonium, mercury, lead, and other heavy metals. The overall cost of disposing of these substances safely can be drastically reduced if they are recovered into a concentrated form prior to disposal."

Jan 1, 1992

By Marvin E. Lane

Viburnum, located in the foothills of the Ozarks in south-east Missouri, is the site of a modern lead mining and milling operation. Two mines are currently producing a total of 5,000 tons per day and a third mine is in the final development stage, with full production scheduled for late this year (1964). These mines will supply the tonnage required to keep the Viburnum mill operating at a full capacity of 7,000 tons per day for many years. The efficient underground mining operation is completely trackless. Drill jumbos are used to break the ore in a room and pillar method of mining. Transloaders, or St. Joe shovels, and trucks do the loading and hauling. The Viburnum mill has a world-wide reputation as a most efficient operation. This is due to the extensive use of automatic process controls, and labour saving materials handling facilities. Introduction THE St. Joseph Lead Co., has operated lead mines in southeast Missouri for 100 years. These operations have been confined largely to the area called the

Jan 1, 1964

By Norman A. Grant

"Location and Transportation FacilitiesTHE BEAVERLODGE area of North Saskatchewan is on the north side of lake Athabasca, 500 air miles northeast of Edmonton.The main Eldorado operation and townsite are on the north •side of Beaverlodge lake, which is immediately north of lake Athabasca and is separated from it by only a mile long portage at Lodge bay. The once famous town of Goldfields. Saskatchewan, and the Box property of the Consolidated Mining and Smelting Company of Canada, Limited, are located on lake Athabasca nine mines from Beaverlodge townsite.Previously, all Eldorado freight was delivered by barge at the Lodge Bay portage, hauled across the portage, and across Beaverlodge lake by small Northern Transportation Company barges, which involved many handlings.In 1952 the port of 'Bushell' was established at Black bay. This is a particularly snug harbour, well protected from the main body of the lake and with good foundations for docking facilities. A Butler building, 300 ft. by 60 ft., and tank farms provide storage at the port. A •road from Bushell to the main Beaverlodge operation, a distance of twelve miles through rugged terrain, was built by the Saskatchewan Government. The cost was shared by the Saskatchewan Government, the Federal Government, and Eldorado and other mining companies.Along this road are located the properties of several enterprising mining companies and near the midpoint lies the ambitious budding town of Uranium. This road has made portaging unnecessary and palletized freight loaded at Waterways, Alta., is now loaded directly on trucks at Bushell and delivered to the point of consumption."

Jan 1, 1953

By Emmanuel Henry

Few industries are more challenged by technical, political and market uncertainty than the mineral industry. Technical uncertainty in mining projects concerns the volume and quality of the resource, the processing and metallurgical parameters, the production efficiency, etc. Political uncertainty can take diverse forms and includes possibilities of change in the taxation system, risk of expropriation and risk of social instability or war. Market uncertainty depends on the market structure of the commodity; price and demand volatilities are the most common sources of market uncertainty. Intensive feasibility studies including these uncertainties and risks are required before investing up to billions of dollars in the development of a new mine. Current feasibility studies are often based on a single (or very few) mean geological scenario and simplified price profiles along the life of the project. Yet, strategic decisions, for example, the level of investment in exploration and metallurgical studies, adoption of a flexible, but more costly, mine design and risk-sharing strategies are made at an early stage. Over the last twenty years, Real Option theory has emerged as a unifying framework enabling strategic planning under uncertainty (technical, political and market). Geological and market variances (second order statistics) are pivotal for proper uncertainty quantification. The present study explores the possible benefits of combining modern geostatistical tools and financial techniques for project management. More precisely, the following questions are examined: Is geological uncertainty really an issue? Can we combine geological and price uncertainties in a unifying Real Option framework? A simple example aimed at illustrating the concepts involved is presented.

May 1, 2003

By J. Ita, F. Malekzadeh

"Multi-scale simulation in coupled fluid flow- geomechanical systems is a computationally efficient method for numerically solving large poroelastic systems. When using multi-scale methods, care must be taken in ensuring consistency when information is exchanged between systems that have a different discretization. Here a method is presented which provides consistency between the pore pressure being calculated on a fine scale fluid flow domain and upscaled to the coarser scale geomechanical domain and the pore volume change being calculated on the coarse geomechanical domain and down-scaled to the fine fluid flow domain. Central to this process is the characterization of the mechanical properties of the poroelastic system at both scales.Another advantage of the method presented here is that it is applicable to hydraulically disconnected but laterally drained (i.e. multi-porosity) layered systems as well as hydraulically connected, layered systems. Thus it can be used in geological situations where thin shale streaks or hardpans impede flow between laterally extensive, hydraulically conductive units. This is significant as the pressure evolution of such a hydraulically disconnected, laterally drained system can be very different than a hydraulically connected one as shown here. INTRODUCTIONA multi-scale treatment of fluid flow and deformation is a key enabler when simulation of poroelastic phenomena is limited by computational resources. As the spatial domain of the geomechanics model is usually larger than the fluid flow model, it is desireable to use a coarser discretization in the geomechanical model compared to the fluid-flow model. This type of multi-scale simulation requires a consistent up-scaling of pore pressure from the fine scale fluid flow model to the coarse scale geomechanical model and down-scaling of pore volume change from the geomechanical model to the fluid flow model (see Figure 1)."

Jan 1, 2015