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By M. Bryson, A. E. Brady, W. Dawes, G. Beer, N. Sehlotho

Mkango Resources Limited is developing the Songwe Hill Rare Earth Element Project in southeast Malawi. Since being awarded the exclusive exploration licence for the project in January 2010, Mkango has completed an extensive work programme including detailed mineralogical studies, geological mapping, geochemical sampling and trenching, environmental and social studies, two phases of diamond drilling, and extensive metallurgical test work. In October 2012, the company announced a NI 43-101 compliant mineral resource estimate comprising an Indicated resource of 13.2 million tonnes grading 1.62% total rare earth oxides (TREO) and an Inferred resource of 18.6 million tonnes grading 1.38% TREO. The Indicated mineral resource estimate formed the basis for commencement of the Preliminary Feasibility Study (PFS). The mineralogical program identified the fluorocarbonate mineral, synchysite, and the phosphate mineral, apatite, as the primary rare earth element (REE) bearing minerals. Extensive flotation testwork conducted at Mintek in South Africa has resulted in an effective regime to increase the REO grade 2.6 times. Initial leaching testwork by Mintek identified that a selective hydrochloric acid (HCl) leach can target the gangue minerals with minimal REE dissolution. Recent testwork undertaken at Nagrom in Western Australia has expanded on this work to develop a two stage HCl leach process incorporating HCl recycling. A downstream processing route of purification and cerium rejection to produce a cerium depleted high grade REE concentrate suitable as feed to a separation facility is proposed.

Jan 1, 2014

By Maurice Lauzon

"Aerial surveys of the open pits have been conducted regularly at Lake Asbestos of Quebec, Ltd. -a subsidiary of American Smelting and Re-fining Company -since 1958. Ground controls are supplied by Lake Asbestos, and a topographic map of the pits at a scale of 1 in. to 50 ft., with 2-foot contour intervals, is obtained by aerial photography. The information from the topographic map is then transferred by the Lake Asbestos engineering staff to sections from which the volumes removed are calculated. Considering the size and complexity of the operation, this system has proved to be the cheapest, fastest and most accurate way of determining the quantities of rock and overburden removed. More than 11,000,000 tons of ore and waste are mined each year in three different pits. Further-more, the nature, shape and extent of the orebodies make it necessary to mine on many (up to eight) benches of a pit during a single year. In addition, there are sections of the pits where it is impossible or un-safe to survey the crest of some benches by standard ground methods. For these reasons, the tonnages obtained by truck count are checked and adjusted by aerial survey. These surveys are now taking place every six months. With this system, it is possible for a two-man surveying crew to look after all field work in the mine area."

Jan 1, 1967

By J. U. MacEwan

THE basis on which the modern metallurgical industry is operated is the endeavour to attain maximum return in purchasing power for the least expenditure of energy. This has always been the general objective of the industry, as of all industries. In recent years, however, it has received a new emphasis. Today, as never before, increased attention is being directed to the detailed study of plant operations and the application of scientific knowledge and of business principles in order to achieve the maximum efficiency. This new emphasis is the result in large part of the new problems and conditions with which the industry has been confronted, chief among which are the following: (l) Development of new ore-bodies and the treatment of complex ores. (2) Necessity of achieving a greater degree of purity in some of the metals in order to meet the newly discovered demands for some of the industrial metals. (3) Discovery of new markets for many of the metals, either in pure form or in the form of alloys. ( 4) Change in values, absolute or relative, of some of the important metals. (5) Increasing scale of investment in expensive plant and equipment, which makes imperative most efficient utilization if total unit costs are to be kept to a minimum. (6) Increasing scale of operations in some important branches of the industry, which also makes essential maximum efficiency in organization, administration, and operation. The success with which the metallurgical industry has met the problems created by these changing conditions has been due primarily to the following factors: (1) Results of research and experimental work carried on by universities, government laboratories, and many private corporations in the industry itself. (2) Closet study of every detail of plant operation, both from the technological and from the economic point of view, with the object of increasing plant efficiency. (3) Interchange of information and experience amongst the operating companies. It is only by the concerted efforts of numerous investigators and experimenters that the underlying fundamentals of plant operations can be learned. The exchange of results permits their easy assembly and correlation with maximum benefit to the whole industry. Unnecessary duplication of research and experimental work is avoided and the industry as a whole is able to reap the fruits of this work with the maximum of-speed and efficiency. (4) Advances made in recent years in so-called 'scientific management' in industry as a whole and the application of the principles learned to the metallurgical industry. A review of the modern trends in extractive non-ferrous metallurgical processes illustrates the afore-mentioned new conditions and problems, and gives some idea of the methods by which they have been and are being surmounted.

Jan 1, 1937

By J. O. G. Sanderson

Introduction In this paper it is proposed to review the history of petroleum geology in western Canada, to discuss some of the main events which have affected its progress, to mention its relationship to the petroleum industry, and, finally, to appraise its present status and possible future importance. It will be useful first to consider the meanings of the terms petroleum geology, petroleum geologist, and the petroleum geology of a terrain. Petroleum Geology. - In simplest terms, geology is the science of the earth. Hence petroleum geology is the science of that portion of the earth that encloses pools of petroleum. The systematic delineation and study of stratigraphic geology began about 1820. The systematic development and study of petroleum geology started about 1910. It is a relatively immature branch of geology. Petroleum Geologist. - This term may be applied to a fully qualified geologist who is engaged for a time, be it a job, a contract, or a lifetime, in the work of finding and developing deposits of petroleum and related substances. No man may properly be called a petroleum geologist who is not first a fully qualified geologist.

Jan 1, 1946

By M. A. Creaney

"The Construction Group is responsible for the construction of all of Placer Dome’s major projects and contributes to the development of most major feasibility studies. This group includes an international collection of Placer Dome people who have built mines in Papua New Guinea, Australia, Chile, the United States and Canada. This paper outlines the changing role of the Construction Group from the early days of single projects to today, when several projects are in various phases from feasibility to construction. The projects’ total annual budgets have from time to time exceeded one billion dollars. IntroductionAs the competition increases globally between the major gold mining companies, the impetus continues to build mines at the lowest cost with the shortest construction schedule. Placer Dome has more than met that challenge by building mines around the world at a pace that was not contemplated 15 or 20 years ago. Since 1960, Placer Dome has built 30 mines and expansions at a cost of nearly 4.5 billion dollars.In the last six years alone, Placer Dome has built 14 mines and expansions, worth 2.6 billion dollars. The company’s success is due primarily to Experience, Innovation, People and Standards.The diversity between projects, let alone the pace, has been a challenge. Placer Dome has built mines around the world in a variety of extreme climates and distinctive cultures. The construction experience gained from these projects has allowed Placer Dome to develop an extensive knowledge and data base making it easier to “fast track” projects.Through the years Placer Dome has developed a human resource base. It now has an experienced and adaptable core team of people able to set up construction projects and build mines anywhere in the world. By developing standards and systems to support the projects they can act as soon as a new project is approved, and complete the projects quickly and effectively. The result is that Placer Dome now has the construction expertise to build its own mines, giving them the competitive advantage that allows them to design and construct a mine in the least time at the lowest capital cost. This was demonstrated in March 1997 with the completion of the construction of two new mines in 12 months."

Jan 1, 1998

By A. M. McKim, J. S. Ambler

"The iron ore of the Scully Mine is upgraded from 36 per cent Fe to 66 per cent Fe through single-stage crushing, wet autogenous milling, sizing by vibrating screens and two-stage spiral separation, followed by a process in which the concentrate is dried and then further improved by high-tension separators. The capacity of the concentrator is 17,000 long tons of concentrate per day. Discussion of the operation will recognize the special problems encountered in handling preponderantly fine ore, relate issues of interest regarding wear and review mechanical innovations found to be advantageous at Wabush. The modern trend toward big equipment, thoroughly instrumented, has been the theme of design. Effects on availability must be a consideration in this choice, and sectionalizing of circuits to minimize these consequences is as important as streamlined maintenance."

Jan 1, 1969

By B. E. Halbert, K. T. Himbeault, S. L. Fernandes, R. L. J. Phillips, B. J. Topp

The Beaverlodge uranium mining and milling facilities operated from 1952 to 1981 with about 94% of the ore extracted from the main underground mine and 6% from smaller satellite deposits. Decommissioning work occurred from 1982 to 1985 involving periods of shutdown, salvage and reclamation. Transition phase monitoring, leading to eventual delicencing commenced in July 1985. Over the last 15 years, discharge from the tailings management facility (TMF) and a fresh water stream, impacted during the operational phase by tailings spills, has improved in water quality for most parameters of concern. Loadings to the environment of three key contaminants (radium-226, total dissolved solids, and uranium) have consistently been less than during the operational phase with radium-226 having the greatest variability. Outstanding environmental issues associated with the recovering drainage system formerly used for tailings disposal, are being addressed in an enhanced environmental monitoring program to commence in 2000. Changes in water chemistry and the natural re-introduction of aquatic organisms are issues of concern. In the meantime, application for release from selected satellite areas commenced in 1999. This paper reviews the issues which have arisen during the transition phase, outlines how they have and are being addressed, and provides a comparison of original and current predictions of the recovery process under way at the former Beaverlodge mine site.

Jan 1, 2000

By C. Doyle, J. Brennan, C. Díaz, J. Hrepic, K. Cushnie

"In 1991/1992, INCO undertook a successful R&D program aimed at extending the lining lives of the top blown rotary converters (TBRCs)at its Copper Cliff Nickel Refinery (CCNR) and the electric furnace at INMETCO. At the laboratory scale, this effort was divided into three phases. In the first part, mineralogical work was performed on six refractories that were either currently being used to line these vessels or were considered suitable alternatives. In the second part, this mineralogical knowledge was used to help determine the compositions of slags that would not corrode the bricks at the operating temperature (1600°C) of the above furnaces. Finally, several important properties of the six refractories were measured to complete their evaluation as candidate linings. This paper reports the results of all three phases of the laboratory scale R&D work.The mineralogical work showed that rebonded fused grain magnesite-chrome (RFG-MC) bricks consist principally of periclase with minor amounts of free chromite and trace quantities of silicates monticellite and sometimes olivine. The bricks are principally held together by periclase-periclase direct bonding. Of note, the bulk of the chromite exists as exsolved precipitated blebs within the periclase grains. These likely redissolve at high temperature.Slags on the periclase liquidus coexist stably with these refractories. Examples are presented using CaO-MgO-Al2O3-SiO2 slags at~1600°C.Finally, the two refractories manufactured using close to 100% fused grain material generally outperformed the others in terms of physical properties and certainly were superior in their resistance to slag penetration damage."

Jan 1, 1997

By N. M. Stubina, P. J. Lind

Barrick Gold is in the process of building several new mines and implementing new processes at existing mines for which metallurgical technology is of key importance. The roles of the company's Strategic Technology Solutions team and the Barrick Technology Centre are discussed within the context of their responsibilities within Barrick's Operations Support group. The paper will present an overview of the development of the technology centre from the former Placer Dome Research Centre to its current form supporting strategic technology, capital projects, and operating sites. Novel approaches to research and development will be presented as well as an overview of some of the technologies developed from bench-scale to pilot-scale, and beyond.

Jan 1, 2011

By T. Hadley, Northern Minerals Ltd, C. S. Griffith, T. A. Safinski, K. H. Soldenhoff, M. Fainerman-Melnikova, A. Manis

"ANSTO Minerals and Northern Minerals have been working together since 2012 on the process flowsheet development for the Browns Range project for the recovery of the heavy rare earths (Dy – Lu, + Y). Initial efforts were directed toward defining the most efficient and direct flowsheet for the Preliminary Feasibility Study (PFS), issued in June 2014, then towards the Definitive Feasibility Study (DFS), issued in February 2015. These goals were achieved by undertaking comprehensive laboratory and continuous piloting programs. Further improvements to the flowsheet following the DFS have been made. This publication provides an overview of the evolution of the process flowsheet based on these laboratory and piloting programs from the PFS through the DFS and beyond.INTRODUCTIONNorthern Minerals Ltd (Northern) has been working on developing their flagship project at Browns Range for the recovery of the heavy rare earth elements (HRE, Dy – Lu, + Y). The project is located in the north of Western Australia as shown in Figure 1. The Total Mineral Resource at the project is currently estimated at 8.98 Mt @ 0.63% total rare earth oxides (TREO) comprising 56,663 t of contained TREO using a cut-off grade of 0.15% TREO. Of the Total Mineral Resource, 58% is classified as Indicated Resource, with the remainder in the Inferred Resource category.The deposit is characterised by breccia-hosted, hydrothermal, HRE-rich, xenotime mineralisation. The main gangue mineral associated with the xenotime is quartz. The distribution of rare earths (RE) observed for the xenotime mineralisation at Browns Range is presented in Figure 2. Extensive test work has shown that the xenotime can be readily beneficiated to between 20 – 40% rare earth oxide (REO) using a process consisting of crushing and grinding, followed by magnetic separation and flotation steps. Continuous piloting of this process was conducted on ~80 t of trench-sourced ore in late 2013 at SGS Perth, to produce ~2 t of ~20% REO mineral concentrate (MC) for hydrometallurgical testing. The composition of the MC produced during piloting is presented in Table 1."

Jan 1, 2016

By Claudio Rocha Rosales

"Peñoles is a mining group with integrated operations for the smelting and refining of non-ferrous metals, and it is also a chemicals producer. Peñoles is the world’s foremost producer of refined silver, metallic bismuth and sodium sulphate. It is also the leading Latin American producer of refined gold, lead and zinc. The Met-Mex Peñoles Zinc Plant commenced operations in 1973 with an annual production capacity of 105,000 t/y zinc. Since then, production capacity has increased, and at present, it stands at 240,000 t/y zinc. In this paper, the leaching process and particularly the operation of the jarosite circuit is reviewed, specifying process improvements to treat high iron calcines.INTRODUCTIONTwenty years ago the Electrolytic Zinc Plant in Peñoles was treating high quality zinc concentrates with low concentrations of iron (~7.5 wt.%) and silica (1.8 wt.%). Nowadays the quality of zinc concentrates is poor with a typical iron content of around 11 wt.% and silica at 2.0 wt.%. This has created numerous processing problems in our roast-leach-purification- electrolysis sections. In order to meet customer requirements it is necessary to find processing solutions to assure the operational continuity of the plant. These processing solutions are the focal point of this paper.REVIEW OF THE LEACHING PROCESSThe purpose of the leaching process is to recover the metals, mainly zinc, through a series of extraction stages with sulphuric acid solutions, which progressively increases the zinc dissolution. After the series of acidification stages, the solution, which is rich in iron, is sent to the jarosite circuit to separate zinc from iron (Garcia & Valdez, 1996). The first step of the leaching process is the neutral leach circuit which produces a zinc sulphate solution that is sent to the purification section for the removal of impurities such as cadmium, cobalt and copper. Then this solution is sent to the tank house to feed the electrolytic cells."

Jan 1, 2016

By D. J. Houlahan

ABSTRACT Sorting has the potential to massively improve the pro?tability of mining base metal, hard-rock ores. However, several barriers to the increased application of sorting have been identi?ed, including a lack of mineral-speci?c sensors available to the industry. This paper presents the outcomes of acollaborative project to develop an induction-balance sensor speci?cally for low-grade copper and nickelores. A review of the basic principles of induction-balance sensing and of the sensor-rock interaction is presented. Early development and testing of the sensor on ores from the Thompson nickel belt in northern Manitoba is discussed. Shortcomings of the prototype identi?ed in early testing have now been over-come, leading to improvements in design and construction, as well as sensor accuracy. The improve dsensor has now been tested on additional ores from the Sudbury Basin, with good results. A discussion of potential applications is presented and recommendations for future development are made.

Jan 1, 2010

By M. A. F. Fedikow, D. A. Baldwin, C. Taylor

The Agassiz Metallotect and the Johnson Shear Zone represent two metallogenetic fea tures located within the northern and outhern belts, respectively. of the Aphebian-aged Lynn Lake greenstone belt in northern Manitoba . Numerous gold occu rrences are associated with these two regional features . The tratabound Agas iz Au-Ag deposit with 2.9 million tonnes of 5.2 g/tonne Au and 11.8 g/tonne Ag. occurs within the Agassiz Metallotect. The stratigraphic sequence characterizing the Agassiz Metallotect comprises interlayered ox ide. silicate and sulphide facies iron formations, biotite-rich and siliceous siltstones. and a high Mg- i-Cr basaltic rock that ha previou ly been identified as tholei itic picrite. These rocks can be traced in outcrop and by their INPUT and gradiometric signature for 65 km. The Johnson Shear Zone is an ill-defined 35 km long zone of strucwral disruption that crosscuts volcanic. sedimentary and intrusive rocks and contains numerous vein-type gold occurrences. Both of these metallotects are characterized by their low level of exploration activity and as a result offer excellent residual exploration potential. Rock, basal till and vegetation geochemical techniques applied in the vicinity of the Agassiz deposit indicate the presence of trace element dispersion halos associated with the mineralization. The halos define an exploration target larger than the mineralized zone. Gold occurrences within the two metallotects are described with emphasis on the Agassiz Au-Ag deposit . A wide range of gold occurrence-types is documented including syngencticstratabound , epigenetic-replacement and epigenetic-quartz vein .

Jan 1, 1986

By T. Lux, H. -J. Krassnig, I. Filzwieser, E. Hecker, R. Degel, A. Filzwieser

Non-ferrous metals find their applications in smartphones, tablets and computers. These materials with their particular properties are the basis of our modern life. SMS group is well prepared for this huge market and for growing future challenges. A large contribution here is the new joint venture PolyMet Solutions that was founded by SMS group and Mettop, an Austrian engineering company, with the objective to develop new technical solutions for the primary copper production lines as well as for non-ferrous metals starting with the primary smelting of concentrate and ending with the electrolysis. PolyMet Solutions provides the process know-how whereas SMS group supplies the plants and equipment and Mettop the key components. SMS group and Mettop also cooperate in the field of tankhouse technology. Together with Montanwerke Brixlegg AG, Mettop has developed together with a parallel flow technology (METTOP-BRX Technology), allowing a current efficiency of above 98 % at a current density of 420 A/m², which is a milestone in copper electrolysis. For the secondary copper production route, SMS group and PolyMet Solutions developed an innovative refining furnace (PolyRefine) for the smelting and refining of copper scrap. The refined copper is directly charged to the Contirod line to produce copper rods and wires. The innovative cooling solutions of SMS and PolyMet Solutions come into play where furnaces have to stand the highest loads and stresses, for instance in areas of very high temperatures or temperature fluctuations, aggressive exhaust gases and slags, or at critical spots such as taphole areas. Custom-tailored cooling systems for furnace vessels make sure varying loads are compensated in a targeted and effective manner. The solutions include air cooling, spray cooling, cooling technologies with integrated copper elements such as CFM (Composite Furnace Modular) cooling systems, plate and finger coolers. The major innovation in the field of furnace cooling is the ILTEC (Ionic Liquid Cooling) Technology which paves the way for increased plant safety. This revolutionary, patented cooling technology is jointly marketed by Mettop and SMS group. It permits water-free cooling to be implemented and thus makes operation safe wherever it is applied. INTRODUCTION Non-ferrous metals or NF metals are changing the world. There is no modern industrial sector that can do without these valuable metals. Non-ferrous metals find their applications in smartphones, tablets and computers. These materials with their particular properties are the basis of our modern life. The importance of the non-ferrous metals market is reflected by two figures. In 2018, the production of non-ferrous metals was worth more than 237 billion Euros. This contrasts with 255 billion Euros of the value of iron and ferro- alloy production in the same year (International Organizing Comittee for the World Mining Congresses, 2018). Hence, the NF metal industry is almost as important as the iron and steel industry. SMS group is well prepared for this huge market and for growing future challenges. A large contribution here is the new joint venture PolyMet Solutions that was founded by SMS group and Mettop, an Austrian engineering company, with the objective to develop new technical solutions and to enhance customer value. The prices of nearly all metals have come under pressure during the past few years. Therefore, competitive technologies are regarded a crucial factor to achieve success in this critical market situation respectively to stabilize the market position.

Jan 1, 2019

By D. Yuan, L. Yan, R. Kalanchey, M. J. Collins, I. M. Masters

Pressure oxidation tests have been conducted by Sherritt for a refractory gold-silver project located in China. The feed contained 39 g/t Au and 970 g/t Ag; the major gold-bearing minerals were pyrite and arsenopyrite. Since the feed contained a significant amount of silver, which can be refractory to cyanide leaching after pressure oxidation due to the formation of argentojarosite, the test program included investigation of methods to enhance silver recovery. The "lime boil" process proved successful and was incorporated into the flowsheet. Gold extraction from the lime boil product solids was 95 to 98%; silver extraction was up to 94%.

Jan 1, 2011

By Marc C. Bétournay

"Surface crown pillars, acting to safely protect underground workers and operations from surface elements, are recognized, herein, as distinct from conventional deeper underground pillars. Moreover, because of the variation in mining and geological conditions that exist from mine site to mine site, each case is viewed as unique. A review of numerous case studies and existing literature indicates that there is little general information or systematic problem-solving approach associated with them.A design process, not unlike that of other engineering disciplines, is presented to correct these deficiencies. As part of its purpose, it will inform operators of the key elements required for design and will address the problems of these appendages. The design, while taking into consideration possible surface crown pillar settings and inherent characteristics, is founded on a step-by-step procedure starting with site investigations through to monitoring or pillar recovery. The process is flexible, in that it incorporates decision making and changes in mining strategy. The purpose of each step is explained and each step is extensively described in terms of the required equipment and methods for field work, analysis and support measures. Analytical formulae and studies from several fields directly applicable to surface crown pillars are also given. Recommendations for future research studies are presented."

Jan 1, 1987

By V. S. Sastri, Elboujdaini. M.

"Economics of wear in mining industry and methods by which wear cost may be reduced will be discussed.IntroductionCanada loses more than $5 billion annually due to friction and wear (Table 1). It is estimated that about $1.3 billion, or about 25% of the losses, could be saved through better application of existing technology (Table 2). It should be noted that the costs given in Table 1 and 2 refer to 1986. The losses due to friction and wear and the savings would be much higher in 1996. Tribology combines the many branches and specialties in science and technology concerned with understanding and combatting friction and wear. Specifically, tribology is concerned with the design and manufacture of sliding and rolling bearings, piston rings, gears, cutting tools and other devices in which surfaces interact, in sliding or other relative motion. Tribology is concerned with the correct use of materials for interacting solid surfaces, with the interaction of the surfaces with the lubricants, with the chemistry, physics and use of lubricants. It is concerned with the reduction of friction and wear and the avoidance of associated failures in machinery. Similar tribological components such as bearings are used in different technologies and similar tribological problems such as abrasive wear occur in different industries. Thus, tribology is in itself a generic science and technology, concerned with the generation and dissemination of knowledge on friction, wear and lubrication, and the application of the knowledge, to a wide range of industrial products and equipment, from ploughs to space equipment, from prosthesis to engines, from washing machines to railways, from computers to power stations, from paper mills to mines. Avoidable losses due to friction and"

Jan 1, 1997

By A. Hashempour, D. Javani

"Selection of an optimal bit is a critical issue in drilling engineering. Specific energy (SE) and Cost per Foot (CPF) are the most common methods for evaluation of bit efficiency and optimal bit selection. The major shortfall of both methods is that they do not directly account for geological and geomechanical parameters of formations being drilling. In this paper, results of using the two foregoing methods are compared using Formation Drillability (FD) method, which directly accounts for geological and geomechanical parameters of a formation. This method combines various geological and geomechanical parameters and yields a dimensionless parameter indicating the formation drilling hardness (drillability). Results of this study show that the amount of energy, cost and time spent for drilling a unit volume / length of an identical formation may vary in different wells. This is due to the fact that geological and geomechanical characteristics of a formation may vary among wells and even within short intervals of a single well. Therefore, an optimal bit may not be appropriately selected, if drilling and economical parameters are the only factors considered and the formation geological and geomechanical specifications are ignored.INTRODUCTIONMany authors such as Bilgesu, Al-Rashidi, Aminian, and Ameri (2000) and Clegg (2006) conducted research in the evaluation of bit performance and optimum bit selection. Almost all of them tried to establish a good relationship based on geomechanical parameters. Primary examples are the research done by Ubaldi (1999), Macini, Magagni, Da Dalt, and Valente (2007)."

Jan 1, 2015

By William E. Roscoe

"Mineral exploration properties are those on which an economically viable mineral deposit has not yet been discovered. Such properties are bought, sold, optioned and joint ventured on the basis of their perceived potential for the existence and discovery of a viable mineral deposit. The intrinsic value of an exploration property is therefore based on the exploration potential. One measure of the exploration potential is the amount that can be justified to spend on exploration for a viable deposit.The appraised value method uses a cost approach to value exploration properties. It is based on the premise that an exploration property is worth the meaningful past exploration expenditures plus warranted future costs to test remaining exploration potential. Results of past exploration work are analyzed in order to retain only those past expenditures that are productive in terms of identifying remaining potential. Warranted future costs comprise a reasonable exploration budget to test that potential.INTRODUCTIONThe purpose of this paper is to describe a cost approach to the valuation of mineral exploration properties and to provide some valuation examples. The particular cost approach described is the Appraised Value Method, which is best applied to mineral properties at the exploration stage.At present there are no comprehensive regulations or guidelines in Canada which specify what approaches and methods to use for the valuation of mineral properties. In this paper, the Appraised Value Method described is one method that the writer considers to be accepted industry practice for mineral properties at the exploration stage.Mineral properties are valued for a number of reasons, including mergers and acquisitions, non arm's length transactions, pricing of initial public offering of stock, support for property agreements, litigation, expropriation, and insurance claims."

Jan 1, 2003

By P. Hickey, G. Hubert, P. Healy

"J. S. Redpath Limited, an underground contractor with a worldwide presence, has implemented innovative techniques in various projects in Canada to shorten the development cycle. Conventional methods currently used for installing primary ground support are compared with the Australian technique of bolting and meshing with jumbos equipped with twin telescopic booms, in-cycle shotcreting, and the use of two jumbos and two scissor bolters set up side by side in wide headings. Recommendations and lessons learned are presented with the aim of providing realistic expectations with regard to development advance rates in a mining environment.RÉSUMÉ J. S. Redpath Limitée, un entrepreneur minier souterrain d’envergure mondiale, a complété plusieurs projets au Canada où des techniques novatrices ont été mises en oeuvre pour raccourcir le cycle de développement. Cet article présente une comparaison entre les méthodes conventionnelles fréquemment utilisées pour le support de terrain, la technique australienne de boulonnage et d’installation de grillage au moyen de jumbos équipés de flèches télescopiques doubles, du béton projeté appliqué durant le cycle de développement et de l’utilisation de deux jumbos et deux boulonneuses côtes-à-côtes dans des galeries de grandes dimensions. Les recommandations et les leçons apprises sont présentées dans le but de fournir au lecteur des attentes réalistes quant aux taux d’avancement du développement dans un environnement minier."

Jan 1, 2016