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

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

Jan 1, 1980

By Victor Azbe

Introduction Lime enters our daily life in many ways. Our building, chemical, agricultural, sanitary, and industrial endeavours depend on it to such a great extent that it could probably be called the most important inorganic chemical, and the extent to which it is used might be considered an index of industrial development. Industrial limes vary greatly in quality, due to internal structure and other characteristics. They may be good or bad, sensitive or slow to react. While improper manufacture may not greatly alter the appearance of the lime, it may affect its properties considerably and thus its suitability in the many processes in which lime is used. In some of the processes, one kind of lime is wanted, in others another. While the nature of the stone from which it is made has much to do with whether a lime is suitable or not, its burning and hydration are the crux of the matter. Up to not so many years ago, the knowledge of lime burning was rather imperfect and it is only relatively recently that its manufacture is approaching the state of a higher industrial art. This slow development was in part due to lime manufacture being scattered among many small concerns who, independently, either lacked the inclination or could not afford to strive for a higher technical development.

Jan 1, 1946

By Dina M. Aloi

In today?s evolving and globalized world, mining companies are being pressured to move beyond compliance towards long-term sustainability and sustainable development. Companies are expected to ?engage? communities without a clear understanding of ?how? to do this or to what end. This move, away from compliance, develops more of a focus on ?Community? Social Responsibility and sustainability. This shift leads to the development of world-class projects that provide sustainable development for people, reduce the incidence of costly delays, and promote good global citizenship for companies. The process of ?engaging? communities in mining project design and development leads to a stronger license to operate, and a reduction in social and political risk. To create this mutually beneficial relationship between communities and companies, communities must be ?engaged? in the project development and risk assessment processes as early as possible, preferably during the exploration or the concept phases. How to create this ?engagement? and manage this risk will be discussed.

May 1, 2007

"3.1. IntroductionAmong the six platinum-group elements (POE), four have identical cubic symmetry, two identical hexagonal symmetry (Table 3.1). Despite crystallographic differences, there is a clear relationship expressed in the chemistries of the POE: they tend to be mutually soluble in one another and can frequently substitute for one another in compounds with other elements. This chapter consolidates the data on phase relations of the POE and the compounds they form with elements selected for their known or potentially important mineralogical significance- As, Bi, Cu, Fe, Hg, In, Ni, Pb, S, Sb, Se, Sn and Te-together with selected data for the occurrence of POE in certain elements such as Au and Ag, and compounds such as FeS. Resources used to compile the data are those available from the chemical, mineralogical and metallurgical literature. First each element is discussed, with composition limits of solid solutions drawn from binary phase diagrams. Single element data are followed by a discussion of the relevant binary systems and a tabulation of data for binary compounds found in those systems (Table 3.2). Tables and diagrams for the ternary and quaternary systems for which information is available follow, and finally the very limited information on the solubility of POE in mineralogically important elements and compounds is presented.The chemical, mineralogical and metallurgical literature on the unary and binary systems is extensive and widely scattered in many languages and publications; fortunately, most of the data needed to compile this chapter can be found in reliable compendia. The most useful and most recent of these works is by Moffatt (1979), because it provides a ready index to all material relating to binary systems listed in previous compendia; furthermore, the Moffatt compendium will reportably be kept up to date by annual supplements."

Jan 1, 1979

By S. G. Hardcastle

The effects of air velocity in promoting cooling through the evaporation of sweat generated when working at a high metabolic rate and/or in hot environments is well known. Many of the environmental heat stress indices consider the effect of air movement directly or indirectly within their determination, be it through the use of a specific instrument i.e. a wet-bulb globe temperature meter or Kata thermometer, or inclusion of in the calculation of a stress index, including the effective temperature, air cooling power, thermal working limit, ISO 7933?s predicted heat strain model. Within these models, ambient air temperature, relative humidity and barometric pressure are also considered in varying degrees to quantify an airstream?s capacity to evaporate sweat. Deep mine studies have shown cumulative increases in heat exhaustion rates with both decreasing air velocity and decreasing air cooling powers. However, despite a capacity to cool, the resultant cooling is very dependant on sweat production and its availability for evaporation; these are included where sweat rates and skin wettedness are considered. The first depends on hydration and physiological factors whereas the second is more an engineering factor related to the degree of clothing required. As sweat rates deteriorate with aging, the benefits of evaporative cooling potential can similarly be expected to be diminished. This paper continues to report upon on-going physiological studies exploring the potential for heat stress in deep underground mines through the simulation of mining activities in environmental chambers and a human calorimeter facility. The focus of this paper is to introduce preliminary data suggesting that increasing air velocity (0.5, 1.5 & 3.0 m/s) is beneficial for young subjects (22 ± 1 yrs), as indicated by lower core and skin temperature measures and heart rate during an intermittent work protocol, and then show a lesser benefit for older subjects (62 ± 2 yrs). Both subject groups performed the same task under the same environmental condition (35°C, 60% RH) wearing a standard mining ensemble. The study similar to others being performed under the Deep Mining Research Consortium funded research continues to provide evidence that a greater understanding of heat management processes is required and that worker education is critical as environmental measures and health and safety regulations may not be expected to include all demographic factors such as age, sex and health which are known to affect human thermoregulatory response.

Aug 1, 2013

By V. Bazhko, V. Yahorava

The calcium sulphate waste stream of the wet phosphoric acid process, commonly called phosphogypsum (PG), contains the majority of rare earth elements (REE) initially present in the apatite feedstock. Mainly light and middle REE are present in PG and their total concentration ranges from 0.27% to 0.35% by mass. Worldwide, around 7 billion tonnes of PG have been produced to date at a current growth rate of 150-200 million tonnes per annum. In total, an estimated 21 million tonnes of REE are locked in PG waste dumps around the world. Due to the value of the REE contained in PG dumps a number of processes have been devised for their recovery. The majority of these processes applied complete or partial gypsum dissolution, but were deemed not viable due to high capital and operating costs. Mintek developed an alternative method for the recovery of REE from PG by applying Resin-in-Leach (RIL) technology. This technology was tested on PG sampled from dumps and current arisings from South African phosphoric acid production plants. The extensive testwork program included evaluation of various lixiviants and optimisation of lixiviant additions, optimisation of REE leach and adsorption conditions, batch equilibrium and kinetic adsorption tests, continuous RIL testwork and numerous variability tests. It was found that PG from different sources was highly variable, both in terms of REE recovery as well as physical properties of the material such as viscosity and filterability of the slurry. The recovery of REE varied from 15% to 80% depending on the origin of the samples. A high-level economic study indicated that at a price of >21 $/kg for mixed REE oxide product in conjunction with an overall REE recovery as low as 15% the economics of REE recovery from PG via RIL technology may already be favourable.

Jan 1, 2016

By Reis. E., P. Pino Véliz

"Along the process of defining the fundamentals of a ferronickel project, several questions require proper answers from the very beginning such as the size and characteristics of the laterite deposit (oxide or silicate), the mineralogical variability, and the selection of the most valuable process route. In general, these elements will be defined along the progress of the exploration and feasibility studies, and definitive engineering. Also, from the very preliminary estimates, three questions are very common: what should be the plant capacity (annual tonnes of contained nickel), what will be the probable capital required (CAPEX), and what will be the estimated timeline (schedule) between the initial stage, say the feasibility study and the plant start-up and ramp-up to designed capacity. The accuracy of the capital cost estimates also progresses along the different stages of development from ±50% at the Preliminary Economic Assessment (PEA) stage down to ±5% for the Detailed Engineering and Construction stage. These accuracies of estimates have been, in some ways, accepted by the mining community and investors. The industry accepted benchmark for ferronickel projects in terms of CAPEX are then in the order of US$50,000 per tonne of nickel contained in the FeNi product. In this paper, the authors analyze in some details three ferronickel projects for lateritic ores that have selected the Rotary Kiln - Electric Furnace (RKEF) as the suitable technological route and have started production in the period 2006–2016. Some key aspects of the ferronickel projects are examined: 1) size and type of deposit; 2) flowsheet selection; 3) evolution of capital cost as a function of capacity from the feasibility stage to construction; 4) comparison between planned production scale and actual ramp up; 5) estimated capital expenditure (CAPEX) compared with actual figures; 6) nickel price evolution and timing of the approval for the project to proceed to construction and production start-up. The objective of this paper is to identify key elements that should be addressed in future projects and that are proposed as benchmark figures for similar projects."

Jan 1, 2017

By W. W. Rudolph, L. N. Trevani, P. R. Tremaine

UV-visible spectroscopy, Raman spectroscopy, and vibrating tube densimetry have been used in our laboratory to determine equilibrium constants of aqueous species at temperatures as high as 325 °C. The UV-visible and Raman spectra of solutions containing metal complexes and ionized acids or bases can be used to yield formation constants by applying curve fitting methods to resolve the contribution of each species. Colorimetric pH indicators identified by Johnston and coworkers at the University of Texas (Austin) provide an alternative means of determining ionization constants and the pH of complex mixtures. High precision density measurements over the same range yield standard partial molar volumes, which are key parameters for "equations of state" for aqueous species. Examples are given for the copper-ammonia system, simple carboxylic acids, and the iron-sulphate system.

Jan 1, 2004

By A. Warczok

Metal losses in discard slag are the main factor determining overall recovery. The metals are present both in dissolved form and as matte or metallic inclusions, varying in size from 2 to 1000 µm. Pyrometallurgical slag cleaning usually consists of heating the slag, reduction of oxides and settling of matte/metal droplets. Heating the slag decreases viscosity and accelerates reactions. Reduction of magnetite liberates inclusions and facilitates co-reduction of dissolved metal oxides. A significant amount of the matte and metal is present as very fine metallic inclusions, too small for settling. The coalescence of these matte or metal inclusions is required to remove them from the slag. The developed new concept of slag cleaning combines DC furnace technology with an extra magnetic field for vigorous slag stirring, enhancing mass transfer to the reductant surface, accelerating the rate of reduction, and destabilizing the emulsion of matte or metal inclusions. Intensive slag stirring increases the probability of collision of inclusions, will accelerate their growth and will therefore improve settling. The process is carried out in a patented DC channel furnace, where the liquid metal or matte layer acts as a cathode and the floating coke bed on the slag surface is the anode. In the first part of the furnace, a superimposed magnetic field induces a Lorentz's force causing the slag to start an intensive circular motion. The next furnace zone does not experience any stirring and is dedicated for quiet sedimentation of the inclusions. A mathematical model of gravitational coalescence combined with forced slag motion showed the possibilities of effective removal of copper matte inclusions. The results of laboratory pilot scale tests of continuous slag cleaning showed fast slag reduction and confirmed the improved matte removal from the slag. Conceptual analysis shows the potential use of the technology in various other non-ferrous industries, like for example nickel plants. It is also possible to use this technique batch wise.

Jan 1, 2007

By R. C. Tait

The gold at Giant Yellowknife is intimately associated with a complex mixture of sulphides, including pyrite, arsenopyrite, stibnite, and a wide variety of antimony sulpho-salts. Direct cyanidation has never been feasible. Recovery is almost entirely dependent upon flotation, roasting of flotation concentrate, and cyanidation of calcine. In November 1958, an Edwards-type roaster and an early prototype, two stage Fluosolids roaster, were replaced by a large two-stage Fluosolids roaster of improved design. The new roaster was started at "safe" medium temperatures, but early in 1959, temperatures in both stages were gradually and deliberately lowered to determine whether continuous autogenous roasting could be maintained under exacting low temperature conditions necessary for good extraction. Operation is smooth and continuous with first and second stage temperatures controlled at 925° and 875°F respectively. Plant cyanide ex-traction compares very favourably with extraction from low

Jan 1, 1961

By J. -F. Blais, M. -O. Simonnot, P. Charbonnier, J. Mocellin, Université de Lorraine INRA, G. Mercier

"Huge amounts of air pollution scrubber sludge have been generated during ferromanganese production using blast furnace. These residues have been historically deposited in ponds near steel making plants. They are very rich in zinc, manganese and lead (5 to 40 %) and also contain aluminum and iron. Considering the market value of these metals, brownfield sites can now be used as secondary resources. These ponds also have to be cleaned up to meet the environmental regulations.We have developed a hydrometallurgical process to recover Zn, Mn and Pb in order to produce valuable compounds of Mn and Zn and recover the final Pb residue by pyrometallurgy. The Zn and Mn compounds need to be pure enough to be economically valuable. Batch laboratory tests were carried out to determine suitable selective leaching conditions. The investigated operating conditions were acid concentration, pulp density and temperature. Optimal conditions to maximize zinc extraction (100 %) and manganese extraction (95.9 %) were found using sulfuric acid and sodium metabisulfide. The final residue contained 14.8 to 23.8 % of Pb. Then, Zn was recovered in the form of ZnO or ZnS by precipitation and Zn metal by electrowinning, while Mn was recovered as MnCO3 with a fairly acceptable concentration of impurities.INTRODUCTIONFerromanganese has been produced by pyrometallurgy in much of Western Europe for centuries. Use of wet scrubber to remove pollutant and dust particles from gas stream was common for most of these operations. Those residues contain high concentration of Zn, Mn and Pb. They have been left to decant in settling ponds installed close to the steel production plants. They now constitute heavily contaminated artificial soils. Those sludges are so contaminated with Zn, Mn and Pb that they can be used for metal production. Currently, no method is available to decontaminate these residues and recover Zn, Mn and Pb. Therefore, an approach considering these brownfield sites as secondary resource is in development. Doing so would achieve two goals, decontaminate the site and produce metals.. (Huot, Faure, Biache, Lorgeoux, Simonnot, & Morel, 2014a; Huot, Simonnot, Marion, Yvon, De Donato, & Morel, 2012; Huot, Simonnot, Watteau, Marion, Yvon, De Donato, & Morel, 2014b)."

Jan 1, 2016

By Guy Chevalier

The QCM Mount-Wright mine and concentrator complex produces about 14 M tonnes of iron concentrate annually. Approximately 9.5 M tonnes of this concentrate are used to produce iron ore pellets at four different silica grades: Three for blast furnace operations and one for direct reduction furnaces. The paper presents the scientific approach that led to the realization of two projects where the acquisition of new process equipment led to an improved pellet plant iron recovery, a better flexibility and to lower operating costs as well as to the production of fine iron ore concentrate from the Port-Cartier tailings pond. Typical 4.8 % SiO2 concentrate is processed to achieve required pellet silica content. This is obtained with the aid of hindered settlers or hydraulic classifiers, screens, whims and, lately, spirals. The increasing demand for low silica iron ore products resulted in a greater need for upgrading. The Pellet Plant upgrading capacity being limited, more and more iron units were lost. Base on test works results and economic evaluations, QCM engineers figured out a way to increase efficiently their upgrading plant capacity and go back in the pond gather what has been lost in recent years of operation.

May 1, 2007

By G G. Suffel

T HESE remarks on the occurrence of strata-bound massive sulphide deposits are submitted be-cause the writer recently visited the principal Cyprus deposits (in January, 1965) and has also a back-ground of many years spent largely in detailed observation and map-ping of the Horne and Amulet ore-bodies, now largely inaccessible. They are particularly related to the Symposium papers (September Bulletin) by Hutchinson and by Roscoe. Some comments are offered on the cupriferous pyrite deposits of Cyprus. As the writer is currently reviewing the published literature on the related deposits in Turkey, a brief account of some characteristic Anatolian sulphide occurrences is given. The discussion is closed with some thoughts on the relationship between these Mediterranean sulphide deposits and those of northwestern Quebec and the Superior province in general. The geology of Cyprus, as it relates to the sulphide deposits, is well summarized by Hutchinson (1965). After visiting Mavrovouni, Skouriotissa and Limni and after much thought on the possible ge-nesis of these ores, it seems quite logical to me that he is right. They are indeed closely related to late-stage submarine volcanism.

Jan 1, 1965

By J. E. Carrasco, J. D. Stinnette, R. A. Alvarez

"Chuquicamata Underground Mine is one of the main projects for the Chilean government copper company (CODELCO). Underground mine project has been under construction since 2013 and presents a solution for the lower production levels of the open pit and prolongs the life of the mine for the next 40 years. Currently, around 2000 workers operate in the mine daily. Dozens of trucks and heavy machines drives through all main routes and access in the mine. As a mine under construction not all the infrastructure necessary to operate safely in the mine has been completed. Risk of a truck or fixed facility fire is always a challenge to keep under control. One important part of fire simulation relays on what we can do prevent a fire and what can be done with the existing infrastructure to control a declared fire and start evacuation plans. This study has been made as a feasible emergency plan to implement, in this case, of a mine under construction, were limited resources are available. Several fire scenarios have been made to support all the emergency plan strategy and a detailed step by step procedure indicates what the elements of a fire emergency plan and risk analysis are.INTRODUCTIONThe main objective of this study is to describe the importance of fire risk analyses (FRAs) and different methods to be used before commencing fire simulation and methodology steps utilized for a fire emergency plan strategy (EPS) at the Chuquicamata underground mine. It also describes how to classify zones which are going to be affected by fumes and gases propagation derived from the exact location of a fire event. Fire simulation study is helpful to determine the impact on a ventilation system with the main purpose of providing relevant information to complement emergency plans and stablished control techniques in ventilation design and its operation. Most fire simulation studies only concentrates in simulation techniques on itself. But what is the next following step in developing an emergency plan? How can we evaluate, classify and treat risky areas? This study is focused mainly in the phases before and after a fire simulation process. Phases corresponds to a good FRA and how output data can be used for an EPS."

Jan 1, 2019

By P. N. Calder, D. B. Apel, S. D. Butt

Mine-wide (MW) microseismic systems use widely spaced transducers to determine the source location and parameters of stronger microseismic events, while high frequency (HF) systems use fewer transducers to monitor local areas for the weaker events that can precede stronger events. Previous monitoring at the Creighton Mine indicated that an HF transducer located 120 m away from an active stope recorded two types of activity in response to production blasting: the first occurring at the same time as the production blasts and associated with the passage of the direct seismic waves from the blast through the local area, and the second occurring several hours later and associated with the arrival of a slower moving stress change through the rock mass (which was identified by the mine’s MW system). Interpretations of locally increased stress levels, based on analysis of the recorded HF events, correlated with the nearby occurrence of two strong seismic events. These results were applied to a similar monitoring trail at the Kidd Creek Mine where the transient stress changes induced by several development blasts were monitored. It was observed that increases in HF activity corresponded with the occurrence of MW events near the transducer location, and that fewer HF events were recorded the longer this occurred after the blast. Local geological features appeared to influence the number and occurrence of both HF and MW events.

Jan 1, 2000

By B. Surender Mohan

Mining lignite pollutes the environment and causes ecological damage if unattended. Being conscious of the importance of environmental resources for the well-being of the living system, the Neyveli Lignite Corporation (NLC) adopts the policy of environmental regeneration as the foundation on which productivity is built. NLC started investing on Eco Care and Environment Protection long ago and it continues. Early investment in environmental protection has resulted in steady growth of the Company along with a healthy environment. The future vision of NLC is to be in the vanguard among the contributors to the community, environment and the nation by developing and utilizing industrial and human resources to the optimum. Untiring efforts are being put in mines (NLC as a whole) to maintain and sustain the ecological balance arising due to continuous mining activity. NLC?s Environmental Management System is becoming a symbolic role model for many of the opencast mines in Southeast Asia. NLC has been bestowed with number of prestigious Environment and Sustainability awards in recognition of the mammoth contribution in maintaining a clean and green environment.

Aug 1, 2013

By L. Vinnett, I. Panire, J. Yianatos, F. Ruiz

"The effect of operating variables on the flotation performance at steady-state has been extensively used for modelling and simulation of separation processes. However, the dynamic characterization of key variables such as gas dispersion (Sauter mean diameter of bubbles, D32, and bubble surface area flux, SB) and froth discharge rate is rather scarce. In this paper, an experimental design allowed identifying the dynamic response of the flotation process in a laboratory scale flotation cell, using a two-phase system, airwater. The installation included automatic control for the superficial gas rate, JG, and the pulp level. Gas dispersion was evaluated in terms of the Sauter mean diameter of a bubble population and the bubble surface area flux, SB = 6·JG/D32. The D32 was measured using the McGill Bubble Size Analyzer (MBSA) along with a semiautomated algorithm. In addition, the froth discharge velocity was measured in real-time using a Visiofroth system. The control variables were the superficial gas rate and the frother concentration (Teefroth). The dynamic characterization of the flotation process is useful to design algorithms that allow the direct or indirect control of metallurgical variables such as flotation rate, concentrate grade and mineral recovery.INTRODUCTIONGas dispersion indicates the way the gas entering a flotation machine is dispersed throughout the volume of the equipment (Schwarz & Alexander, 2006). The gas dispersion is typically characterized in terms of the bubble size (dB), gas holdup (eG), superficial gas rate (JG), and bubble surface area flux (SB =6·JG/dB) (Finch et al., 2000). All these variables have significant impact on the metallurgical performance of flotation machines. For example, Perez-Garibay et al. (2014) investigated the effect of the particle size, bubble size distribution, superficial gas rate and collector dosage on the flotation performance, for the separation of a sphalerite mineral. The authors observed that recovery increased with the superficial gas rate ranging from JG = 0.04 to JG = 0.08 cm/s and also a maximum recovery was obtained for bubble size close to 300 µm. Gorain et al. (1998) reported a strong correlation between the flotation rate constant and the bubble surface area flux in a zinc cleaner circuit. Both variables were directly proportional at three froth depths in the range of hF =7 - 45 cm. Dobby & Finch (1986) incorporated the effect of the superficial gas rate and the bubble size on the flotation efficiency by means of a kinetic model for the rate constants. Yianatos & Contreras (2010) developed a model to estimate the carrying capacity in large flotation cells by including the bubble surface area flux."

Jan 1, 2016

"The Cordillera contains numerous porphyry deposits and prospects, many containing economic quantities of copper, molybdenum, gold and tungsten. Over the lost twenty years, different phases of exploration have been driven by individual commodity prices and new discoveries. Exploration methods have remained largely unchanged since the 1960s and 1970s with the range of techniques chosen for each situation depending on the stage of the program, the type of porphyry target and the local environment. Improvements or changes to techniques have resulted from awareness of specific features in new deposits or regional problems. During the last ten years much of the emphasis has been on the re-evaluation of known porphyry deposits with more exploration in areas previously recognized as prospective. Re-evaluation of known deposits has resulted in increased reserves, often with improved gold grade, and the discovery of new zones. Several new deposits have been discovered including gold-only deposits of probable porphyry affinity.Research related to porphyry deposits has followed trends in exploration and has been directed toward the type of deposits that have been of current interest. In addition to research on specific deposits and areas, general research related to porphyry deposits has addressed three broad themes. The first theme involves the role of tectonic processes and the nature of source regions. Although different in detail, recent tectonic models suggest that a tectonic change or hiatus may be important for the generation of metal-rich magmas from various source regions and subsequent fractionation that permits volatile saturation. The second theme is based on magmatic processes, particularly the generation of a volatile phase enriched in metals. This research supports the general orthomagmatic model for porphyry deposits and has helped to define the influence of specific variables in the generation of different types of porphyry deposits. Finally, research on alteration and mineralization has provided evidence for different types of fluids and fluid processes involved in the formation of porphyry deposits. These data also support the orthomagmatic model but indicate additional complexity in magmatic-hydrothermal systems including the role of external fluids. Although important advances have been made, research has had a limited impact on exploration.Exploration and research on deposits that occur in the peripheral and upper parts of porphyry systems have been important over the last ten years. Although considerable advances have been made, the relationship of different styles of peripheral mineralization to magmatic processes in the core of the system remains ambiguous. An improved understanding of the processes that generate zoning, peripheral mineralization, and the surrounding alteration envelopes would be beneficial to exploration."

Jan 1, 1995

By Donald Carlisle

"IntroductionTHE OPINION is held by many persons outside the mining industry, and by some within it, that mine •operators customarily find it advantageous to mine •only the richer parts of orebodies and to leave behind, perhaps permanently, leaner material which could be mined only at a lesser profit. This opinion and the inference which might be drawn from it that 'gutting' of mineral resources is a common feruture• of the mining industry are prejudicial to the intertsts of the industry and deserve careful scrutiny. Oddly enough, a theory of mine economics which gives much support for the opinion was advanced first by members of the mining profession itself, has been repeated •several times in mining literature, and to my knowledge has never been adequately refoted.According to the theory, selective mining of the rich ore first on a large scale will yield substantial gains and these gains do not merely reflect the desire of 'money minded investors' for a quick return but derive from the logical application of compound interest rates and the concept of ;present value. W. O. Hotchkiss and R. D. Parks (1) illustrate the reasoning with a hypothetical example in which an orebody of 4,000,000 tons may be mined either in its entirety in forty years at $1.00 per ton profit or selectively with the recovery of only the richest half in twenty years at $1.50 per ton profit. They show that, with Hoskold rates of 4 and 8 per cent, the present value of profits from mining only the richer 2,000,000 tons exceeds the present value of profits :from mining the whole orebody by about 20 per cent."

Jan 1, 1953

By Sir Stopford Brunton

Gold was first found in Nova Scotia about 1830-40, but its significance at that time was not appreciated. Probably the first discovery that resulted in any work was made by Lieut. C. !'Estrange, at Mooseland, on the Tangier river, in 1858.1 Since that time gold has been mined with varying success until now, and from 1868 onwards work has never altogether ceased. Gold mining in Nova Scotia is at the moment under a cloud, and the idea generally accepted by most people is that it has failed in the past, and that there is no prospect for it in the future. The actual reasons for the present situation have never been carefully analysed, and it seems a good thing to see what really is the state of the case and whether or not this general idea is worthy of credence. It is the purpose of the present paper to analyse the situation in the light of present knowledge, and to set forth some data which may assist in the future development of the Province.

Jan 1, 1926