Search Documents

By H. R. Bullis

"A 2003 paper discussed the idea that as gold mining companies grow larger it becomes more difficult for them to discover or acquire new gold deposits large enough to replace extracted reserves on an annual basis. Deposits of the size required to replace annual production of very large gold producers (VLGPs) are statistically few. An update in 2005 reviewed VLGPs with respect to production, reserves, and reserve life and observed recent changes in the gold mining industry. Now, more than 12 years later, this paper explores how those VLGPs have fared and how the gold mining industry has changed. KEYWORDS Gold, Gold price, Production, Reserves, Very large gold producer (VLGP) RÉSUMÉ Un article de 2003 examinait le concept selon lequel, à mesure que les sociétés d’exploitation aurifère se développent, il leur devient de plus en plus difficile de découvrir ou d’acquérir de nouveaux gisements aurifères suffisamment grands pour remplacer les réserves qu’elles extraient annuellement. Statistiquement, il existe très peu de gisements de la taille requise pour remplacer la production annuelle des très gros producteurs d’or. Une mise à jour de l’article en 2005 se penchait sur la production, les réserves et la durée de vie des réserves des très gros producteurs d’or ; elle portait sur les récents chan¬gements au sein de l’industrie de l’exploitation aurifère. Aujourd’hui, plus de 12 années plus tard, cet article explore l’évolution et les résultats de ces très gros producteurs d’or, ainsi que les changements qu’a connu l’industrie de l’exploitation aurifère. MOTS CLÉS or, prix de l’or, production, réserves, très gros producteurs d’orINTRODUCTION In 2005, the world’s top five gold producing companies were Barrick (after purchasing Placer Dome; 9.1 million ounces; Barrick Gold Corporation, 2005; Placer Dome, 2005), Newmont (8.2 million ounces; Newmont Mining Corporation, 2005), AngloGold Ashanti (6.2 million ounces; AngloGold Ashanti Limited, 2005), Gold Fields (4.2 million ounces; Gold Fields Limited, 2005), and Harmony Gold (3.0 million ounces; Harmony Gold Mining Company Limited, 2005). During the years leading up to that point, there had been a flurry of activity in the gold sector directed at consolidating production and reserves to create very large gold producers (VLGPs). As defined in Bullis (2005), a VLGP is a mining company whose primary busi¬ness is gold production and that has annual gold production more than 5 million ounces. A stated corporate goal of several of the VLGPs at the time was to become the largest gold producing company in the world."

Jan 1, 2019

Originally developed as a step change in ultrafine grinding efficiency, the IsaMill? has made inroads into conventional ball mill and tower mill mainstream grinding duties during the last 5 years - beginning with the Anglo Platinum mainstream grinding projects in South Africa. At the 2006 SAG Conference, plant testwork on the incorporation of IsaMill? technology into the McArthur River (Northern Territory, Australia) Pb/Zn primary grinding circuit was reported. The IsaMill? has now become an integral component of that circuit, treating up to 1mm top size feed and directly producing P80 45 µm rougher flotation feed. Two 1.1 MW IsaMills? are now used in this duty contributing to a 27% increase in overall plant throughput and a reduction in rougher feed size distribution. In this paper, we report on the current state of development and performance of the IsaMill? in the primary grinding duty at McArthur River and also consider future directions.

Jan 1, 2012

By A. J. Miller

Estimates of interstitial water saturation derived from capillary pres-sure data are compared with residual water saturations found by the analysis of cores out in oil-base drilling fluid. A theoretical explanation for the high-rate of water production from the Bellshill Lake Field is proposed, based on the interpretation of the capillary pressure data.

Jan 1, 1960

By N. M. Steven, J. M. Moore, J. L. Kuyper

Abstract - Mineral exploration and research has led to the identification of four types of tungsten mineralization in the NE-trending, largely ensialic, inland branch of the late Proterozoic/early Paleozoic Pan-African Damara Orogen. The mineralization (mainly scheelite) occurs in a terrane (the Central Zone) that is characterized by multiple deformation, greenschist/amphibolite-facies metamorphism and numerous peraluminous S-type granitic and pegmatitic intrusions. The four major types of scheelite mineralization are (in ascending stratigraphie order of host rock): (1) thin (5 cm to 2 meter) quartz+ plagioclase+ diopside ± scapolite cale-silicate granofels with finely disseminated scheelite (scheelite-bearing granofels; SBG) developed as discontinuous intercalations within the cale-silicate rocks of the Khan, Spes Bona, Oberwasser and Kuiseb Formations (Nosib and Swakop Groups); garnet+ pyroxene ± vesuvianite + scheelite ± fluorite replacement skarns hosted by Okawayo, Karibib and lower Kuiseb Formation marbles in the aureoles of late tectonic, unmineralized leucogranites; metaturbidite-hosted scheelite- (and possibly wolfrarnite-) bearing tourmalinites, both stratiform and crosscutting, in the Kuiseb Formation located in the 'cleavage fronts' of late tectonic granitoids; scheelite-bearing vesuvianite +quartz+ garnet skarnoid rocks (several hundred meters in length) in the calcareous metaturbidites of the upper Kuiseb Formation. These scheelite occurrences were discovered by the follow-up of a large number of tungsten anomalies located during a regional stream sediment sampling program. Detailed mapping, ultra-violet surveys and rock sampling proved to be the most effective surface exploration techniques for locating mineralization; soil sampling and geophysics were of almost no use. The largest, continuous scheelite-bearing skarn of economic interest, Otjua, has a drill-indicated reserve of 250 000 tonnes at 0.53 wt% W03 and 8 wt% CaF2.

Jan 1, 1994

By E P. Graham

Orebodies occur in an infinite variety of grades, shapes and sizes, and take many millions of years to grow. When extraction starts there is only one possible end -the mine sooner or later will run out of ore and shut down. If the mineral industry is to supply the ever increasing demands of modern civilizations, more and more metals must be found and mined. This will require a never-ending search for ore, and the development of every economic body, large or small. To justify the mining of a small orebody, it first of all must pay its way. If the size of the burden imposed by the capital cost estimates is not carefully worked out, an otherwise promising situation could be killed. The very nature of mining, as a transient industry, re-leases a steady stream of good used equipment, and the trained personnel to install and operate it. All manner of plans and layouts, which can be utilized at a new property, are available. Working these and other economies into the estimates will sometimes make enough difference to give a prospect the green light.

Jan 1, 1964

By P. C. Thurston, T. Setterfield, D. H. Watkinson

"The Maybrun copper deposit IS In a succession of pillowed basaltic flows in the Wabigoon sub-province, northwestern Ontario. The rocks have primary flow morphologies and remarkably well-preserved crystallization textures, including quench-textured plagioclase, in spite of metamorphism to the amphibolite facies. The sulphide assemblage chalcopyrite-pyrrhotite-cubanite with minor sphalerite and pyrite is primarily in interpillow spaces and is stratabound. Basaltic rocks immediately enclosing the copper sulphide minerals have an enrichment in Fe, Mg and K and depletion in Ca and Na relative to surrounding flows. The Maybrun deposit is interpreted to have formed contemporaneously with volcanism and alteration, and was subsequently metamorphosed with the enclosing basalts.IntroductionThe association o f significant base metal accumulations with mafic submarine flows in the Archean is as yet poorly documented. Such deposits, where noted, have typically been small, and are therefore commonly over looked. The Maybrun Mine, a 2.6 x 106-tonne copper deposit in pillowed basalt, has many similarities with large, well-documented volcanogenic deposits. Given the interpretation of the Maybrun Mine to be volcanogenic in origin, there is n o reason why similar processes could not produce large deposit s. This is an important realization in an area where Archean submarine mafic rock s are very common, but frequently are examined only superficially. As gold commonly occurs in deposits such as Maybrun, even modest-sized deposits may be economic. The basalts at Maybrun are remarkable for amphibolite-facies rocks because of their extremely well-preserved delicate volcanic textures, including quench textures.The Maybrun Mine is one kilometre south of Atikwa Lake, in the Wabigoon sub-province of the Superior structural province, 75 km southeast of Kenora, northwestern Ontario, at longitude 93°35'W, latitude 49°25'N (Davies, 1973). Archean metavolcanic and metasedimentary rocks and intrusions underlie the area. Goodwin (1970) concluded that the mafic and minor felsic metavolcanic rocks, as well as the overlying metasedimentary rock s, were an eastward extension of the lower cycle of the Keewatin type section for the Lake of the Woods area. He estimated that the stratigraphic thickness of Keewatin rock s in this area is about 6900 m, of which 87% is basalt. The flows contain numerous interlayered sills, predominantly of basaltic composition; they have been extensively folded, faulted, metamorphosed to amphibolite facies and intruded by numerous felsic bodies, most importantly the Atikwa Batholith."

Jan 1, 1983

By M. Yao, D. Thibodeau

"Selective mining, such as post pillar cut and fill, is used in large, flat, irregularly shaped ore bodies where ground stability is to be maintained. This selective mining is used to open the stope to the full lateral extent of the ore body in order to minimize the dilution and maximise the recovery. For increased mining depth, design of the post pillar becomes more challenging since those pillars will eventually fail as mining progresses upwards. The post pillar should be designed such that failure does not occur at the early mining stage, such as at the first cut. After mining progresses upwards, the post pillars are expected to fail but be confined by backfill. In order to maximise ore recovery, both drift width and post pillar size must be designed adequately with a consideration of all geomechanic parameters. This paper will describe the process used to design post-pillar cut and fill for one of the ore bodies in Vale’s Copper Cliff Mine using a combination of both empirical deterministic and numerical modelling techniques. By utilizing both empirical deterministic and numerical modelling techniques drift width and post pillar size can be effectively designed. Current post pillar cut and fill design in the existing Vale operations are used to validate the design for Copper Cliff Mine. INTRODUCTIONCopper Cliff Mine is located within the Copper Cliff Offset in the limits of City of Greater Sudbury, Ontario, Canada, as shown in Figure 1. The Copper Cliff Offset extends about eight kilometres south from the Sudbury Igneous Complex into the footwall rocks. Until 2008, the current Copper Cliff Mine was operated as two separate mines i.e. North Mine and South Mine. However, as part of restructuring of Vale Ontario Operations, the North and South Mines were merged in 2009 to form the “Copper Cliff Mine”."

Jan 1, 2015

By Werner Unland, Nick Holl

"The paper presents the engineering design and experience gained so far with a dewatering system for an open-pit uranium mine planned at Key Lake in Northern Saskatchewan.The results of hydrogeological investigations preceding engineering exhibit an extensive unconfined overburden aquifer hydraulically connected with the underlying Athabasca Formation and basement rocks, both of relatively low hydraulic conductivity. The overburden aquifer is embedded in a bedrock trough, with the deepest depression between the planned pits. The hydrogeological data were used in a numerical dewatering model simulating groundwater flow atdifferent stages of the pit development.Based on the model results, the engineering design had to provide for different pumping rates, varying between 1.0 and 0.21 ms/sec. This problem was solved by using a double line pressure system. The design concept for the complete peripheral discharge system and the well design used for 26dewatering wells are discussed.Experience with reverse-circulation techniques applied for the construction of the dewatering wells is presented. Theoretical and practical considerations which led to the constructionof wells of different diameters are discussed.The design of the in-pit dewatering system provides for seepage ditches, horizontal drains, pit-bottom sumps and inpit dewatering wells where required."

Jan 1, 1980

By James Mackie

The Vancouver Stock Exchange (VSE) has been providing venture capital for start-up companies since 1907. Ninety years' experience in the junior mining industry has enabled the VSE to develop policies and procedures tailored to the unique needs of start-up companies. Policies and procedures applicable to listed companies are documented in the Corporate Finance Services Department "Policy and Procedures Manual." Approximately 50% of the companies listed on the VSE are in the mineral exploration and development business. The largest number are exploring base metal, precious metal or diamond properties. A recent count shows that about 20 companies are exploring industrial mineral or non-metallic deposits. The minerals sought by these companies include limestone, decorative stone, building stone, lava rock, wollastonite, zeolite, garnet and graphite. There are two basic routes to obtaining VSE financing for an industrial mineral property. The owner can either sell an interest in the property to a listed company or form a company and have it listed on the VSE. In each instance, the listed company is responsible for raising funds to develop the property. A typical financing consists of the sale of company securities byway ofeitherprivate placement or prospectus offering.

Jan 1, 2001

By T. L. McCall

CHANGES in mining practices have evolved so quietly and unobtrusively that perhaps we scarcely appreciate how truly startling these changes are unless we cast our minds back so as to compare the past with the present. Such retrospection is, indeed, necessary when attempting to forecast the future, for it is only by carefully reviewing the past that we can hope to obtain an indication of what the future may hold in store. In this instance, it is not necessary to delve into the very early history of . coal mining, as our purpose will be served if the last three or four decades are reviewed, a period that is still fresh within the memory of many of us. These earlier days might be termed the selective period of mining, for at that time the coal resources of the world had not been tapped to anything like the extent they are at present and this condition enabled the owners and operators to exercise selective powers and only mine such seams of coal as could be most easily reached an worked at the lowest possible cost and which, at the same time, would suit the requirements of the market. Carrying this thought of selective mining still further, the miner, who was then an artisan skilled in all the branches of his calling, was able to select or discard such parts of the seam he was working that the co al sent out of the mine was acceptable to the consumer with just the barest minimum of preparation. Compare these conditions with the? conditions prevailing today, when coal seams of medium height, good quality, and readily accessible have been largely depleted and the operator has been compelled either to carry on his operations under much greater depths of cover where the coal is more costly to win, or else to work seams of lesser height or of poorer quality.

Jan 1, 1938

By H. L. Noblitt, Pauline Moyd, Louis Moyd

The deposit, which forms a ridge -adjacent to the York river, in Mont-eagle township, is held by Monteagle Minerals Limited, of Toronto. The ore is in a Precambrian gneiss which is composed of nepheline, scapolite, andesine and microcline feldspars, muscovite and biotite micas, and -corundum. The major orebody is tabular and is exposed for 1,200 feet along the crest of the ridge. It aver-ages about 90 feet in thickness, dips at about 70°, and was intersected by drilling at a vertical depth of 600 feet. The deposit was prospected for corundum in the early 1900's. Recent exploration was undertaken to deter-mine its potential as a source of high-alumina ceramic material, with by-product corundum and white mica. The program included prospecting, mapping, trenching, diamond drilling, bulk sampling, beneficiation research, a large-scale beneficiation test, product evaluation, market investigations, and plant design. Reserves, to a depth of about 300 feet, are estimated at about 3 million tons.

Jan 1, 1962

By P. Shibley, P. R. Clarke

Since this was an interim report of the initial operation of a long term project it is not available for publication. It is expected when the project is completed a full report of the work will be published.

Jan 1, 1968

By A. G. Roach

HISTORY AND LOCATION SEAL HARBOR GOLD MINES, LIMITED, was incorporated in January, 1934, to take over 116 acres of mining lands in the Stormont gold district, Guysboro county, Nova Scotia. The nearby ten-stamp Mulgrave mill was also purchased, and since that time 974 acres of adjoining properties have been secured from the Government by direct lease. The property is served by a motor road and is about two miles from the village of Goldboro, situated on the shore of Isaac's harbour. The bulk of ?the supplies are brought in by coastal steamer from Halifax, a distance of about 100 miles, since the nearest railway connections are at Antigonish, some 40 miles distant. EARLYY WORK The Seal Harbor properties include the old Partington and Beaver Hat mines. A small tonnage of ore was mined from each and treated on the properties in stamp mills, which were later torn. down . A survey of old records shows that this ore averaged about $8.00 gold per ton. Development work by the present Company was confined to the 100-foot level until February, 1935, but after that rime the incline shaft was deepened to 425 feet and the 300-foot level was explored east and west of the shaft. Six belts of ore were intersected to the west of the shaft. The ore from these belts was hand sorted and the ore portion was put through the 10-stamp Mulgrave mill to defray operating expenses and to serve as a sample of the deposits. The average recovery per ton from this sorted ore was $6.10. Samples of the ore were sent to the testing laboratories of the Mines Branch, at Ottawa, and of Canadian Industries, Limited, at Toronto. Recommendations from both of these authorities were for removal of the coarse gold by concentration and barrel amalgamation, followed by cyanidation of the residue.

Jan 1, 1937

By Karl J. C. Harries

"11.1. INTRODUCTIONA royalty is the most common form of interest retained by an owner who is disposing of his property or by a joint venturer who ceases, voluntarily or otherwise, to participate in the joint venture.1 Rarely does a non-participating party have a direct interest in the property and/or assets of a project, except during the period when a non-participating joint venturer may be having his interest diluted.2 In fact, it is most unwise to permit a non-participating party to have such an interest. It may give rise to significant problems that could prevent or substantially delay the development of an orebody and require a considerable amount of time, effort, and money to correct.3In negotiating a royalty, it is important to be aware that there is no law or convention that says, “You just don’t do that in a royalty agreement.” As with any agreement, inventiveness and flexibility on the part of the negotiator are not just assets, but virtual necessities. It is also for this reason that it is essential to read the royalty provisions, particularly the definitions, fully and carefully, especially if you are the recipient. On the other hand, if your inventiveness and flexibility cause your accountant to question the advisability of one of your ideas, pay close attention to him.4 He will, no doubt, have had experience with many royalties, and no competent professional adviser disparages a client’s ideas without good reason. Besides, he will probably be the person who will be determining the royalty or certifying the determination of it. At the very least, he will be auditing your general financial statements, which must, of course, reflect the royalty determination. Heeding his advice not only may make the determination easier but also will probably save you money in professional fees later on. Nevertheless, do not simply accept his comments or recommendations without understanding what they mean, why they have been made with respect to your royalty agreement (sometimes professionals have comments that they make as a matter of course and, even though they may be valid, you should require them to be justified to you), and how they will affect your royalty determination.It is surprising how many corporate payors insist that their standard royalty provisions5 be used as a matter of policy, thereby effectively tying the negotiator’s hands. It is even more surprising, and to professional advisers frightening, how many of the senior employees who insist that such a policy be adhered to, virtually without variation, do not know what is in the standard provisions and would be hard-pressed to explain them to a property owner. If standard provisions are appropriate, by all means use them, but do allow experienced and sensible negotiators some flexibility and make sure that everyone within the corporation who may have to use such provisions – negotiator and supervisor alike – knows what they contain and why they are as they are. For example, there are often good and convincing reasons to describe a deduction in a certain way or to include a certain specific type of deduction. On the other hand, quite often the answer to the question “why?” is that “it has always been there”; this is, or should be, an unacceptable answer. In any event, if you, as the negotiator, appear to know what you are talking about, are familiar and comfortable with your royalty provisions, and are backed up by your boss with the same words or reasoning, a property owner cannot help but be satisfied that you are knowledgeable, even if he still does not agree with your provisions. Finally, if you do use standard provisions, make sure that they are reviewed and updated regularly."

Jan 1, 2003

By D. Jean Hutchinson, Mark Diederichs

"Cable bolts are an important support component in modern underground mines. If an optimized cable bolt system is to be achieved, it is insufficient to focus on cable bolt layout design or on cable bolt installation in isolation. Cable bolt support, like all engineered systems, requires a holistic approach, encompassing integrated elements of design, implementation and verification. The “Cable bolting Cycle” described in this paper incorporates these components along with related tools and procedures which should be used together to ensure effective and efficient cable bolt support.Design involves the consideration of demand, capacity and constraints as outlined in this paper. The demands imposed on the sup-port system by the rock mass response to excavation under the combined action of stress and gravity must be matched to the capacity of the cable bolt array. The cable bolt system capacity is a function of the component strengths of the steel strand and the bond (load transfer) and by the deformation response and retention characteristics of the system. The design is bounded by operational and economic constraints.Implementation of the cable bolt array can then proceed and must include appropriate protocols of communication, training and quality control, in addition to both general and site specific installation procedures. Implementation will be discussed as the sum of these components.Implementation of the cable bolt array can then proceed and must include appropriate protocols of communication, training and quality control, in addition to both general and site specific installation procedures. Implementation will be discussed as the sum of these components.The information presented in this paper represents a very abbreviated version of much broader concepts, procedures and design charts, presented in a practical cable bolting handbook by Hutchinson and Diederichs (1996)."

Jan 1, 1996

By The Mill Staff

Introduction The Hollinger cyanidation mill commenced operating in June, 1912, and 49,779,978 tons of solids had been discarded by the end of 1950. The present tailing disposal plant has been in operation since 1924 and holds 39,762,250 tons. The tailing disposal plant is on the property of Kayorum Gold Mines, Limited, about a mile and a quarter south of the mill. The area available for tailing covers 640 acres and is roughly l ¼ miles long by ¾ mile wide. Tailing was first deposited on the McKay veteran claims, l mile long by 1/2 mile wide, which were later included in the Kayorum property. This site sloped from northeast to southwest, the slope amounting to 106 feet between the northeast corner and the low land to the southwest. The low land was wet and a considerable area was covered with muskeg up to 17 feet deep. It was drained by a brook running across the property in a southwesterly direction. Later, when more ground was needed, the low-lying mining claims adjacent to the south and west boundaries were acquired to allow for the extension of the plant. This entailed some extra difficulties and expense that would not have been encountered had the whole of the present site been acquired with the original purchase. At the present time, the top of the tailing deposit stands at two elevations, but eventually the tailing deposited on the extension to the original plant will be raised to the same height as the older deposit. Previous to 1924, all of the tailing was deposited on Low land and in lakes near the mil1. Between 1924 and 1926 an increasing tonnage was sent to the McKay claims until, in 1926, all of it was being sent there. In 1936, the area of the deposit was extended and shortly afterwards all of the tailing was deposited on the new site.

Jan 1, 1951

By Josée Dartois

En 1988, à l?instar de plusieurs états du monde industrialisé, le Québec décidait d?accélérer la cadence de l?assainissement des rejets industriels et lançait un programme intégré de réduction de la pollution industrielle visant, à la fois, les rejets dans le milieu aquatique, les émissions atmosphériques et les matières résiduelles. Ce programme fut intitulé le Programme de réduction des rejets industriels.

Nov 1, 2002

By Gordon W. Hines

This paper, dealing with network planning in an industrial complex, discusses the type and size of project that can be handled on a manual basis. After a review of the fundamentals of network planning, and specifically of the Critical Path Method, the author analyses several different types of projects, each with its own characteristics. Some can be handled in conjunction with a computer, but others can be dealt with equally well without one. Among the projects discussed are a blast furnace reline, the installation of a billet mill flying shear, and routine maintenance-type operations.

Jan 1, 1967

By A. B. Rossetti

"THE MISSION TO Offshore Scotland was in my opinion a very worthwhile venture, as it indicated the scope of the offshore oil and gas business and how we might exploit it to the fullest here in Nova Scotia - if our offshore fields eventually become producing fields. The writer was able to attend a considerable number of lectures and as a result gained some valuable know-how on the engineering design, financing and operation of the North Sea oil industry. There are many new fields of technology that had to be developed to overcome the North Sea's hostile environment and a great deal of the same technology will have to be developed to win oil and gas from our continental shelf. The visit left me with several impressions, which in the main are:(1) The high order of investment required to develop offshore oil. The investment ranges from 10 to 20 times that required for a similar output on land. Each barrel of oil costs on the average of about $2,- 500 per barrel per day.(2) Because of the high investments required, before the first oil is produced the field must be brought into production at the earliest possible date and initial lead time from decision to production is less than four years. In the British Petroleum field, working at a depth of 450 feet will require an investment of $900,000,000 to develop a production of 400,000 bbl per day. (3) The size and complexity of equipment required is beyond anything ever imagined. Problems which must be overcome are such factors as water depth, wind velocities, wave height, wave period, long periods of darkness, low temperatures, distance from land, and fog."

Jan 1, 1973

By Ginger Gibson

As an occupational culture, mining comes with its own set of rules, agendas and values. Yet mines often also operate in the traditional territories of indigenous communities, with whom specific agreements are negotiated that commit to respect culture, economy and environment. Mines in these locations employ extremely diverse workforces whose value systems often come into conflict in on-the-job relationships. Adaptation of individual worker attitudes and industrial operating culture thus both need to occur if there is to be the negotiation of a workable relationship. This paper will discuss ways that NWT diamond mines have adapted to their workforce, to ensure that rights and cultures of their diverse workforce can be respected. Historically, the concept of culture has been dealt with solely through the forum of ?cross-cultural? workshops. Gibson presents a model of a new type of ?cultural-engagement? workshop based on the top ten cross-cultural conflicts that actually arise at a remote mine-site. This model helps managers, team leaders, and workers to tackle in-mine conflicts that arise based on differing value systems of aboriginal and non-aboriginal workers and management. In addition, Gibson suggests that the concept of culture must be more rigorously applied throughout the mine structure and not discussed only in the forum of the cross-cultural workshop.

May 1, 2007