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By T. Bhambhani, O. Yavuzkan, D. R. Nagaraj

"Cu ore bodies commonly contain oxide Cu at the surface, with sulfide Cu content increasing with depth. The recovery of oxide Cu minerals by flotation is a longstanding challenge in the minerals industry, especially for high acid-consuming ores which would not be economical for direct acid leaching. Current practice of oxide Cu recovery involves sulfidization (often using controlled potential sulfidization or CPS) using NaSH (or Na2S) followed by flotation using traditional sulfide collectors. CPS has shown to improve recovery of oxide Cu but has the following limitations: a) HSE issues with NaSH, b) high consumption of NaSH, and c) inability to recover certain oxide Cu minerals because they are refractory to sulfidization. The oxide Cu flotation is further complicated by the presence of certain non-sulfide gangue minerals which adversely impact both recovery and selectivity.Over the past eight decades, numerous collectors have been proposed and evaluated for the direct flotation (i.e. without sulfidization) of oxide Cu minerals, the most researched of which is alkyl hydroxamate. While there are numerous publications dealing with the fundamentals of interaction of alkyl hydroxamates with single minerals, there are few publications which discuss the practical aspects of alkyl hydroxamate use in ore flotation, particularly their use with sulfidizing agents. Case studies in this paper include methods to identify optimum combinations of sulfidizing agents and oxide collectors to maximize recovery for various types of ores. It was observed that some ores do not require any sulfidization, while others require at least partial sulfidization to improve efficacy of AHX. Depending upon the ore type and mineralogy, recovery improvement in the range of 5 to 15% units, over and above that achieved with CPS, has been observed with the use of AHX. For ores requiring high dosages of NaSH, it was shown that AHX can be used to reduce the NaSH consumption significantly. The challenges associated with the presence of non-sulfide gangue minerals in oxide copper ores are included, and the use of modifiers to alleviate the associated problems and enhance the performance of AHX is discussed."

Jan 1, 2016

By K. V. Konigsmann

"The mill at Mattagami Lake Mines treats 3,850 tons per day. The mill feed is a heavy sulphide ore. It is composed ofPyrite & Pyrrhotite - 40%Marmatite - 17%Chalcopyrite - 2%Magnetite - 10%Talc and other Silicates - 31%The sulphides are intimately associated with each other and often finely disseminated throughout the siliceous gangue. An abundance of middling particles exist in the circuit and a delicate balance has to be maintained between concentrate grades and metal recoveries.The metal content of the mill feed fluctuates between 0.4 to 0.7% for copper and 6 to 13% for zinc.The flow sheet of the concentrator is shown in Figure 1.Eight sample streams have been selected for on-stream analysis, namely1. Copper Concentrate 2. Copper Cln Tailings 3. Copper Tailings 4. Zinc Concentrate5. Zinc Rgh Concentrate6. Zinc Cln Tailings7. Zinc Rgh Tailings8. Flotation TailingsThe mill feed is not being analysed. Only a very coarse sample could be obtained which would be difficult to pump, and the fluctuations in the copper content are too small in absolute terms to have much of a bearing on circuit operations."

Jan 1, 1969

By Wm. T. Bray

SYNOPSIS Canadian Refractories, Limited, produce a wide range of basic refractories. The chief raw material use in their manufacture is the magnesite which is mined, and beneficiated in a heavy media separation plant, at Kilmar, Que. This paper describes the underground operation and the plant and explains how the gravity separation of light, siliceous gangue from the ore has changed the mining practice, increased the ore reserves, and improved the chemical uniformity of the crushed ore. HISTORY REFRACTORIES are essential in the production of steel and base metals and in other high-temperature processes. Basic refractories, chiefly composed of magnesia which is obtained by burning magnesite, are used to line and repair basic furnaces. When World War I cut? off the importation of Austrian magnesite, upon which North American industry had depended, domestic sources bad to be found. In Quebec, work was begun on deposits of magnesite at Kilmar, half way between Ottawa and Montreal and about ten miles north of the Ottawa river. By the end of the war substantial tonnages were being quarried and calcined, but, when Austrian magnesite again became available, the industry declined rapidly. In 1925, the National Research Council, in co-operation with the Federal Department of Mines, began an investigation of the industry's technical problems. The result of this research work, which was taken over fully by the Company in 1943 and is actively continued, is that the single product of the early 1920's has been supplemented by more than forty specialized products serving the metallurgical and chemical industries across Canada and in more than thirty other countries.

Jan 1, 1951

By Ross G. Bertinshaw

"The Line Creek Mine of Crows Nest Resources started mining coal in the fall of 1981. There are seven mineable seams with thicknesses ranging from 1.5 to 13 metres and with dips varying from 0 degrees to 60 degrees. This, together with internal partings and the very friable nature of the coal, creates a number of mining problems.The coal is divided into zones depending on the dip of the seam. Each zone requires a different mining technique to ensure optimum recovery and low dilution while still keeping fines to a minimum.Line Creek employs a combination of hydraulic front shovels and backhoes to mine its coal without blasting or use of dozers. This has been very successful in reducing the proportion of fine coal hauled to the plant, thus improving quality control and reducing costs in coal processing.There have been a number of other benefits from the use of excavators instead of more conventional methods. These include better selectivity, good cleanup, reduction in traffic at the face and lower cost.IntroductionThe Line Creek Mine is situated approximately 25 km north of Sparwood in southeastern British Columbia (Fig. I). Preproduction stripping began in J98J with the first coal shipments made in 1982. In 1983 the mine produced 2.1 million tonnes of raw coal.Similar to other East Kootenay coals, the seams at Line Creek are characterized by their friability, producing a large proportion of fine coal during mining. In an attempt to reduce these fines Crows Nest Resources has instituted the use of hydraulic excavators to mine and load the coal.Hydraulic excavators offer other substantial advantages over front-end loaders and dozers, which has been the conventional system in other mines in the area."

Jan 1, 1985

By F Kelly

"A central composite experimental design was used to determine empirical relationships between the operating variables of a ball mill and the characteristics of the ground products. The independent variables selected for the study were the work index and size distribution of the feed material, the feed rate and the pulp density. The measured responses included product size distribution, product surface area, viscosity of pulp discharge, weight of dry solids in mill, mill time constant and emitted sonic vibrations. The ball mill was operated continuously in open circuit during each experimental run.Multivariable regression techniques were used to derive linear empirical models from the experimental results. Of the four factors studied, the grindability of the feed material significantly affected every measured response. The size distribution of the ground product was affected significantly by the feed rate and the size distribution of the feed, but not by the pulp• density. Feed throughput capacity and pulp density were significant to the viscosity of the pulp discharge, the weight of solids in the mill and the mill time constant. Significant first-and second-order models are given for the above relationships. The relation-ships between the characteristics of the sonic vibrations of the operating mill and the various dependent variables have not as yet been established."

Jan 1, 1970

By L. C. Kitchener, K. Vollenwyoer

"This paper describes the development of an automated, 70-ton capacity, underground electric trolley truck at Inco Ltd. The purpose of the project is to provide a high capacity and high productivity haulage system to suit continuous loader applications in existing mining horizons where conveyor belt application is not immediately practical. IntroductionWith the start o f a program by Inco in mid-1983 to develop a continuous loader for bulk mining of our hardrock orebodies, the need for a rapid ore transportation system was recognized to match the increased extraction rates planned. Two methods were investigated, truck haulage and conveyor belt. As a result, a conveyor belt system has since been designed and installed with a continuous loader at Stobie Mine and an electric truck has been designed, fabricated and assembled, with shop testing underway. This paper deal s with the latter project. BackgroundMany existing mining horizons which could utilize continuous loaders do not have the straight runs required for conveyor belts. In these situations, truck haulage would be the only alternative of the other transportation methods that would be practical. In order to match the high productivity potential of the continuous loader, however, a more efficient trucking system is required than would be available with conventional diesel powered trucks or with electric truck designs commercially available, or under development. A higher capacity truck and an automated operation is necessary so that the application of additional units to suit increasing haulage distances matches loader output without reducing over-all productivity because of the need for additional operators.A first effort to work with a major electrical manufacturer was unsuccessful and resulted in a project delay of almost one year. In November 1984, an investigation into the concept was reinstigated with UTDC, and an agreement to start design was reached in April 1985."

Jan 1, 1988

By R. Glenn Madill

Western Canada is defined, for the purposes of this paper, as that part of the Dominion bounded approximately by the 95th and 141st meridians of longitude and the 49th and 80th parallels of latitude. It is comprised of Manitoba, Saskatchewan, Alberta, British Columbia, Yukon, and that portion of the Northwest Territories lying to the west of the 95th. meridian. The first magnetic observations made in Western Canada were in the interests of navigation by sea. Observations were made by Captain Middleton in Hudson bay at Churchill and York Factory in 1725, and along the Pacific coast by Captain Cook in 1778 and Captain Vancouver in 1792. The first systematic magnetic survey in Western Canada was made between 1819 and 1826 by Sir John Franklin in his widely distributed explorations. It is of interest to find that while the first magnetic declination observations made in Hudson bay and along the Pacific coast were purely in the interests of navigation, the next investigations, which were made in the Western Arctic, included measurements of inclination and force with those of declination. There was a valid reason for this more complete research into the magnetic field as the construction of declination charts depended on the position of the north magnetic pole. Halley promulgated a theory 1683 that " the globe of the Earth may be regarded as one great magnet, having four magnetic poles, two of them near each pole of the equator, and that in those parts of the world which lie near any of those magnetic poles the needle is chiefly governed thereby, the nearest pole being always predominate over the more remote" . The position of a magnetic pole may be defined as a point where the inclination is 90 degrees and the horizontal force zero. It is obvious that the position cannot be' defined by declination observations alone since, for some distance from the magnetic pole, .the horizontal force is too weak to give directive force sufficient to effect the pointing of a compass.

Jan 1, 1948

By A. M. Bell

General Summary THIS paper attempts to describe in a preliminary and general manner the nature of certain copper discoveries now being developed by Gaspe Copper Mines, Limited, in Holland township, in the interior of the Gaspe peninsula. Some copper mineralization appears to have been known here at the time of the earliest French explorations, was rediscovered in 1921, and has been under intermittent development by Noranda Mines since 1938. In the last two years discoveries have enhanced the picture so that the deposit now promises to develop into one of the important Canadian copper producers. As ideas are constantly changing with continuing development, any picture given now is very partial and tentative and must be subject to future revision. The nature of these copper occurrences differs from others known in eastern America. In many respects they have unique features but they are most closely akin to some copper deposits found away from the intrusive rocks in the porphyry copper districts of the western United States. The most important orebodies are replacement deposits in a limestone horizon in which the ore gangue is converted to skarn. These lie at considerable distances from any known intrusive but seem to have been derived from a buried stock of granite that intrudes the sedimentary rocks of Lower Devonian age. This intrusive has produced alteration effects in the overlying rocks that may afford a key to locating other ore areas in the Peninsula.

Jan 1, 1951

"Sink-float analysis is often used to obtain yield-ash and density partition curves in the coal industry. These provide a valuable tool for evaluating the performance of a separation process. However, for dense minerals, obtaining complete grade-recovery and density partition curves is more difficult due to the lack of heavy liquids available with the required densities. This paper examines a potential solution to this problem which is to perform batch fractionation of mineral samples in a laboratory-scale REFLUX™ Classifier using high viscosity fluidising liquids. The REFLUX™ Classifier is a gravity separation unit consisting of a system of parallel inclined channels positioned above a vertical fluidised bed. Operated in semi-batch mode, a charge of particles is fluidised from below and particles up to a certain density are elutriated from the top of the system. The fluidisation rate is then increased incrementally to fractionate the sample at progressively increasing densities. Previous work by Hunter et al. (2014) and Iveson et al. (2015) has shown that this method provides excellent agreement with yield-ash and partition curves for coal, especially when glycerol solutions are used as the fluidising liquid. This approach has now been extended to obtain the grade-recovery and density partition curves of high density mineral samples. This method has the potential to provide the minerals industry with an effective tool to evaluate the performance of unit operations separating at cut points higher than the available heavy liquids.INTRODUCTIONMeasuring efficiency and effectiveness is of key importance in the continuous improvement of mineral processing plants. For density based separation, one way the performance of a process can be evaluated is the measurement of density-based partition curves. Currently, this is done in the coal industry using the sink-float method, where heavy liquids are used to fractionate particles into discrete density intervals. However, with high density minerals such as iron ore, liquids of sufficient density are rare, and in most cases also pose serious health and safety concerns to laboratory operators. Most commercial laboratories do not perform sink-float separations above a density of about 4400 kg/m3, the maximum density of Clerici solution without operating at excessive temperatures (Koroznikova, Klutke, McKnight & Hall, 2007; Rosenblum, 1974)."

Jan 1, 2016

By Ian Rozier

"Emphasis in recent years in western Canada has been placed on the development of large open-pit coal mines, the most notable developments being in northeast British Columbia. However, vast resources exist below the limit of economic open-pit mining, and with world demand predictions of the late seventies in mind, the potential of underground coal mining in western Canada has been investigated. Particular emphasis has been placed on the Plains coalfield of Alberta, and there is optimism that underground coal mines will be developed in the Lethbridge area of southern Alberta.With no existing operations in southern Alberta with which to compare mining conditions, any mine planning and feasibility level studies rely heavily on the engineering/geotechnical data obtained from surface investigation to predict ground control problems and technical constraints on mining. Such investigations have been integrated with exploration drilling programs. Emphasis has been placed on extracting maximum information to provide an over-all appreciation of potential ground conditions and to identify specific ground control problems that could be encountered.The acquired geotechnical parameters are then used to evaluate the mine properties from an engineering standpoint for input into the determination of optimum mine layouts, development directions, mining methods and roadway and face support requirements. These geotechnical studies have been primarily directed toward the longwall mining method, but the acquired data base could equally be applied to alternative mining methods.In addition to the lithologic and structural controls which relate to roof stability, caving characteristics, floor heave and subsidence, investigations have been directed at gaining an understanding of the over-all surface and ground water regime with respect to potential inflow into the mine openings and ground control problems that could be caused by inflows encountered during mining. Experience has shown that soft floor conditions and water control are important factors to be considered in a longwall layout, and without doubt these parameters will play a major role in the design and operation of a successful longwall operation in the Lethbridge coalfield."

Jan 1, 1986

By M. L. Jeremic

"Hydraulic mining consists of coal erosion by powerful jet s of water from hydraulic monitors operated by remote control. The broken coal is crushed and mixed with water and then transported from the face to the surface using gravity whenever possible. This is a simple, safe and productive method. It will easily satisfy North American productivity standards if the structural features and coal properties are favourable for water jet cutting technology (Kaiser Resources Ltd. , hydraulic mine). General ConsiderationIn open-pit mines, placer mining (Fig. I) and hydroelectric construction projects, hydraulic earth moving techniques have been successfully applied. The stripping and transporting of the overburden has been accomplished by means of large monitor jets augmented by slurry pumps and pipes. An extension of this technique has led to the underground extraction of coal and ores. To date, the method has been most successfully used in undergrond coal mining, because the coal can be easily cut and flushed away by water jets, and the rocks of the roof strata can be left behind. Due to this favourable situation, the hydraulic mining definition only relates to the underground coal mines.At present, there are four basic types of hydraulic mining, which can be defined according to the coal breaking technique used in each case. The methods are briefly discussed below:(1) Coal excavation may be carried out by conventional techniques, but the mine is designed and equipped for the hydraulic transport of the mineral from the working place to surface. Under these circumstances, the coal breaking may not be influenced by the water jet, however it may be indirectly involved. For example, pre-loosening of the coal may be done by water infusion-hydraulic fracturing. Water may also be used to flush the broken coal, which has been excavated either by drilling and blasting or by mechanical cutting, into the transport flumes. In other cases, a mechanical loader may load the coal directly into the hydraulic transport system, without using any water for the extraction process. This hydraulic mining concept is primarily used for hard and impermeable coal, such as anthracite."

Jan 1, 1980

"In conjunction with Banick Mercur , Wright Engineers Limited designed the first multi-stage aqueous pressure oxidation system in an alkaline environment in North America. A three-stage slurry heating and slurry pressure let-down with heat recovery was an innovative approach to the problem of high energy cost with the low sulphur content of the ore. The design of this system required solving a number of problems associated with heating and pumping of slurries at pressures up to 3230 kPa and temperatures in excess of 220°C. Wright received an Award of Merit in October 1989, from the Canadian Consulting Engineering Awards Committee in the Process Category for its design of the Mercur pressure oxidation system.The Mercur Mine is located at the south end of the Oquirrh Mountains in Tooele County about 65 miles by road from Salt Lake City, Utah, U.S.A. The original mill was designed to process 5000 tpd of oxidized gold ore in a carbon-in-leach (CIL) circuit. A new ore treatment system was required to treat the substantial quantities of refractory ore reserves which could not be treated economically in the existing mill. The new pressure oxidation circuit makes the refractory ore amenable to gold recovery by oxidation of the sulphides contained in the ore .Wright Engineers Limited was commissioned by Barrick Mercur Gold Mine Ltd ., a wholly-owned subsidiary of American Barrick Resources, to design the pressure oxidation facility. This followed completion of a feasibility study by Wright which showed that the project was technically and economically viable.Work on the feasibility study began in 1986, detail design commenced in February 1987, and was completed in December 1987. Mechanical installation was completed in January 1988, and slurry feed began in February 1988. The plant has operated since June 1988 without major interruption . Wright was responsible for engineering, procurement and construction management for the addition of the 750 tpd pressure oxidation circuit to the existing mill and also had commissioning responsibility.Major unit processes involved in the pressure oxidation facility are ore thickening, three-stage slurry preheating, pressure oxidation and three-stage slurry cooling with heat recovery, stearn generation, propane and oxygen storage and a video graphic display process control system were included in the scope as process anciliaries.The pressure oxidation increases gold recovery from the refractory ore by conventional CIL from as low as 35% to more than 86070. A patent has been granted for the process."

Jan 1, 1989

By D. S. Harries, R. I. L. Guthrie

"The use and development of scientific disciplines involved in heat transfer technology, related in general to steel masses and in particular to batch annealing, is demonstrated.The measurable benefits of cooperation are tabled; on industry's side, this includes a 10 to 20 per cent decrease in annealing time, and a corresponding higher productivity potential. The returned benefits to the academic engineer include the development and refinement of new computer algorithms related to heat transfer mechanisms.IntroductionThe object of this discussion is not really to describe an improvement in the batch annealing operation, but to use the project as an example of joint work between industry and the academic field. Both parties have derived a number of substantial benefits. These benefits will be listed, of course, but the batch anneal project will be used just as a typical example of cooperation. Why it happened will be explained, what actually happened will be described and finally some thoughts about areas in the field of heat transfer, where cooperation will continue in the future, will be highlighted. The paper will close with a message.Industry OverviewAt the outset, perhaps it should be understood that, in general, the Research Department at Dofasco believes that the universities and their staff are not destined for the problem-solving role in industry. Its opinion is that the university staff is best suited to the gathering and dissemination of knowledge. There are other more professional problem solvers for industry, including the steel industries' own individual investigation groups. Dofasco, therefore, looks to its academics for consultation. It benefits by bouncing ideas off them, and through rubbing shoulders with them in such a way that their knowledge can be tapped, and thus establish more effective scientific routes. In addition, the younger and brighter engineer s can broaden their scope through the intellectual contact with experts. The university professors can, it is believed, benefit through closer contacts with result-orientated research. They can also develop an appreciation of the fiscal control necessary for industrial investigations, without government subsidies, grants, etc., and with massive overheads."

Jan 1, 1982

By Marc Lavigne

"The Lac Knife graphite deposit was estimated, as part of a feasibility study, using a geostatistical ore reserve estimation method: ordinary kriging. Based on the geology and its interpretation, the results of a variogram study, and the statistical parameters of the grade distribution of the core samples and the composites through the mineralization, the deposit was divided into three separate zones (west, centre and east), and each of these zones was then analyzed and kriged independently.The geological ore reserve estimation results of ordinary kriging are compared to the results of a conventional method (sections) used previously. The two methods gave almost similar reserve figures. The conventional method provided a +2% estimation for tonnage and + 10% for grade because it ignored the spatial relation between sections and samples, and ordinary kriging gave a more accurate longitudinal definition of the deposit.Finally, the paper concludes with the advantages of proceeding with ordinary kriging, namely: higher flexibility (change of cut-off grade), better deposit resolution and enhanced selectivity for the design of the open pit.IntroductionWithin the context of a complete feasibility study for the Société d' Exploration Minière Mazarin Inc., specialists of the Mines and Geology Division of Roche Ltd., Consulting Group, defined a modelling method appropriate to the graphite deposit of the Lac Knife property near Fennont. Many patterns were considered. Based on the geology of this deposit, the planned mining method, the statistical parameters of grade distribution and the variogram study, the process of reserve estimation retained was to use the ordinary kriging in a selective way. It was required because the geometry of the deposit is such that it was unthinkable to apply ordinary kriging without restrictions.This paper gives a detailed explanation of the observations and interrogations which led to the choice of this ore reserve estimation method, and the calculation procedure itself."

Jan 1, 1991

By Michel Garon

"Several years ago computer control of the flotation process was successfully implemented at the Matagami concentrator of Noranda Mines Inc. At that time this was the first computer application being installed at this operation. The last few years have seen an extensive use of programmable controllers in areas such as the copper and zinc dewatering circuits and the lime preparation system. With the aid of such instruments, these areas have attained a high level of automation and as a result, a high degree of efficiency. The controllers have proven to be very dependable and easy to use.IntroductionThe Matagarni Division of Noranda Mines Inc. operates two mines in the Matagami District of northwestern Quebec which is located about 650 km northwest of Montreal. The mines ship ores to a central concentrator whose throughput averages 95,000 tonnes of ore per month. Metal contents of the mill feed average 0.9 per cent copper and 5.0 per cent zinc. Concentrate outputs are approximately 3,200 tonnes of copper and 8,200 tonnes of zinc per month.The concentrator commenced operation in 1963. An on-stream X-ray analyzer was installed in 1968, providing analyses of several samples in the flotation circuit without the aid of a computer. In 1974, control of the circuit by computer was added to the system. As a result, zinc flotation efficiency improved considerably and reagent costs decreased through the reduction of copper sulphate consumption.In the past few years it was realized that significant improvements could also be made in other parts of the operation . Copper and zinc dewatering circuits and the lime preparation system were identified as major areas that could drastically benefit from automation. In 1982, programmable controllers were seriously considered as an attractive alternative for achieving the company 's goal. Because of their relative lowcost and their high degree of flexibility, they were selected for implementing automation and, for improving the efficiency in each of these areas."

Jan 1, 1985

By Francisca San Martin, Tomas Vargas, Willy Kracht

"In Cu-Mo deposits it is usual to find considerable amounts of pyrite (FeS2). When processing this kind of ore by flotation, pyrite is rejected using lime to increase the pH to alkaline conditions (pH ~10.5). In the case of using seawater without pre-processing, i.e., raw seawater, the lime consumption increases dramatically and the recovery of molybdenite drops due to the precipitation of magnesium hydroxide on its surface. In order to avoid these negative effects, alternative ways of depressing pyrite should be considered.The current work introduces the use of Acidithiobacillus ferrooxidans, bacteria commonly used in bioleaching, as an alternative to depress pyrite in seawater flotation. The paper presents the results of biodepression in three systems: fresh water, water with added sodium chloride at 35 g/L (which corresponds to the salt concentration in seawater ) and seawater. The results show that it is possible to bio-depress pyrite with A. ferrooxidans in natural seawater pH (7.8-8.2). A similar behaviour is observed when running the experiments in fresh water, and in water with sodium chloride added.INTRODUCTIONWater is a scarce but essential resource for human development. The main reason for this scarcity is that, although 70% of the earth's surface is covered with water, only 3% of the total is fresh water and an important part of this water is frozen, so that only 1% of fresh surface water can be used for human activities. In Chile, most of the mining activity is concentrated in the north of the country, located in the Atacama Desert, considered the world's driest desert. That is why some mining companies have chosen to use seawater in their processes. For example, Esperanza (Antofagasta Minerals), and Sierra Gorda (KGHM International) use raw seawater in their flotation processes."

Jan 1, 2016

By D. Hodouin

Jan 1, 1978

By G. R. Elliott

Foreword The office of the Supervisory Mining Engineer, a branch of the l. Federal Government, is financially interested in no oil company and has no stock to sell. This office, however, is deeply interested in the proper and efficient development of Canada's natural resources. The people of Canada are interested in the petroleum development in Turner Valley for two principal reasons: As represented by the Department of the Interior, they are the largest owners of petroleum and natural-gas rights in the field; As a nation, they are vitally interested in the development of petroleum and natural gas as a national asset, and therefore, also, in all productive property, no matter who directly controls the leases. As has been stated by Mr. Charles C. Ross, Supervisory Mining Engineer, "The Department, being responsible for the administration of these public resources, necessarily requires regulations to protect them from abuse by lessees. Our portion of this responsibility is to record a complete history of all drilling operations and to see that proper drilling methods are adopted to prevent damage and wanton waste of the valuable natural resources under discussion." Not only does our position necessitate an impartial and a judicial viewpoint, but, being day by day in touch with all operations in the western provinces, we are uniquely situated to comprehend both individual and general problems.

Jan 1, 1930

By A. D. Fisher

This paper describes the future position of metallurgical coal, particularly as applied to Canadian reserves. Quality coking coal is declining in availability, but preheating practices may alleviate this situation to some extent. Two new processes are discussed in the paper - formed coke and direct reduction - and their coal specifications are outlined.

Jan 1, 1972

By Brian Hall

For some years, the mining industry has been consistently delivering returns below the market average. One of the causes is a disconnect between what is perceived to drive value creation by many industry analysts and senior corporate executives, and what actually drives the intrinsic value of mining operations. The perverse effect is that strategies that should increase value are perceived to have the potential to drive share prices down, and vice versa. This paper challenges common perceptions of what drives a mining company?s value. Anecdotal evidence suggests that the key drivers of value in the market, and hence in many boardrooms, are such things as increasing the reserves and production rate, and reducing unit operating cost. However, while the quoted reserves may satisfy ore reserves reporting code requirements to be economic, this does not imply that they are optimal. Often, a proportion of the quoted reserve reduces the potential value of the operation. Metal price increases, increased production rates, and operating cost reductions are all seen as conditions or actions that can improve value, and lead to cutoff grade reductions, thereby increasing ore reserves. However, modern cutoff theory and studies conducted by the author and his colleagues show clearly that, while breakeven cutoff grades will fall in these circumstances, optimum cutoffs may be much less volatile, and may even increase. Results from case studies indicate that value is maximised by right-sizing, not maximising, the production capacities, and by optimising the cutoff strategy. Values of many existing underground mining operations can be increased significantly by a substantial cutoff grade increase. Also, an increase in downside risk, and hence reduced returns, can occur using typical life-of-mine planning strategies if prices received are lower than predicted. Since this is often the case, low industry returns may be a direct result of typical strategic mine planning processes. Relatively simple cost-effective techniques are available to provide senior decision makers with information needed to assess the tradeoffs between their many conflicting corporate goals, and the balance between risk and reward. Often this information is not being generated at all. If it is, decisions affecting the value of the company are occurring by default at relatively low levels within the hierarchy, with senior executives apparently unaware of them or their potential impact. The paper concludes that without a re-evaluation of the way mining projects are valued, to demand proven value optimisation from mining plans by boards and mining analysts, the industry will continue to deliver below average returns.

May 1, 2003