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By Ray Mason

Marathon PGM Corporation?s PGM-Cu Project in Northwestern Ontario (Figure 1.0) serves as a case study to describe the process involved in advancing a deposit from grass roots exploration to the completion of several feasibility studies and the parallel commencement of environmental permitting. Through the following examination of historical exploration activities, it is clear that these activities are directly related to economic stimulus, mostly measured by downturns in the mineral industry. Other factors that influence the success of exploration advancing to feasibility and new mine development includes the ownership of the mineral claims, which also changes under these economic influences and the crucial role of interactions between the Company, the Crown and First Nations. The Marathon PGM-Cu deposit is hosted within the Eastern Gabbro Series of the Proterozoic Coldwell Complex, which intrudes and bisects the much older Archean Schreiber-Hemlo Greenstone Belt. The sub-circular complex has a diameter of 25 km and a surface area of 580 km2 and is the largest alkaline intrusive complex in North America (Walker et al., 1993). Mineralization at the Marathon PGM-Cu deposit is part of a very large magmatic system that consists of at least three cross-cutting intrusive olivine gabbro units that comprise the Eastern Gabbro Series of the Coldwell Complex (Figure 3.2.4-3). In order of intrusion, the three gabbroic units consist of (1) Layered Gabbro Series, (2) Layered Magnetite Olivine Cumulate (LMOC) and (3) Two Duck Lake (TDL) Gabbro. The relative size and abundance of the gabbroic units decrease in the order Layered Gabbro Series>TDL Gabbro>>LMOC. Late quartz syenite and augite syenite dikes cut all of the gabbros but form a minor component of the intrusive assemblage.

May 1, 2010

By V. Gregoire

THE DEVELOPMENT by the Iron Ore Company of Canada of the Quebec-Labrador mining project, which eventually led to 'Iron Ore in 1954', involved, from the start, several distinct undertakings. Among them, the most important were: The construction of a 360-mile railway, linking Knob Lake with Seven Islands. The erection of a railway terminal, and harbour facilities, at Seven Islands itself. The building of an entire townsite at Schefferville (formerly Knob Lake) The construction of two hydroelectric plants; and, finally, The development of a sufficient number of orebodies to enable a production of 10 to 15 million tons of ore a year. Since these phases of the project have already been the subject of previous discussions, this paper will not elaborate further on them but will rather concern itself with a brief outline of the Company's current mining practices.

Jan 1, 1958

By R. Lasmanis

"Washington State's diverse geological setting is reflected by its several types of porphyry Cu-Mo deposits. All are associated with calc-alkaline intrusions, and they range in age from Jurassic to Miocene.The largest is the Mount Tolman Mo-Cu deposit located in the Omineca Belt. It contains 2.18 billion tonnes of material averaging 0.093% MoS2 and 0.09% Cu. There are intermediate-size Mesozoic deposits in the Intermontane Belt. The Cascade volcanic arc hosts small- to medium-Tertiary deposits. Among these, of particular interest is the Sunrise breccia pipe, which has been explored over a vertical distance of 1000 m. It contains reserves of 64.6 million tonnes averaging 0.319% Cu and 0.071% MoS2 with significant tungsten values. The Glacier Peak deposits have potential resources of 1.7 billion tonnes averaging 0.334% Cu and more than 0.015% MoS2 and also contain tungsten. The Margaret deposit can be classified as a porphyry Cu-Au type; it has reserves of 200 million tonnes averaging 0.434% Cu, 0.0175% MoS2> 0.27 g!t Au and 1.92 g!t Ag. Drill intercepts of the North Fork deposit also show significant gold values.Mineralization and hydrothermal alteration of these deposits are typical of porphyry deposits, although some differences can be noted. The Mount Tolman molybdenum deposit contains topaz alteration zones and is transitional between a plutonic type and a Climax-type molybdenum system. Other deposits, such as the Kelsey, Mazama, North Fork, and Margaret, are low-sulphide systems that contain significant amounts of magnetite."

Jan 1, 1995

By Kevin B. Doyle

"Canada now supplies 23 per cent of the world demand for potash. Although potash is produced by many countries, Russia and Canada have the greatest reserves and capability to supply the future substantial demand over the next decade. It is estimated that demand will grow from 38,000,000 mt KCl in 1975-76 to 60,000,000 mt KCl in 1985-86. Current firm expansion plans and development underway in the world will move Russia to the forefront in supplying this demand growth. Russia will move from supplying 40 per cent of world demand in 1975 to supplying as much as 52 per cent in 1981. Canadian deposits suffer from natural disadvantages, such as high costs and risks of mine development and operation, and high-cost transportation to international markets, but experience has shown that these natural barriers can be surmounted to effectively compete in these international markets. However, Canadian potash is losing out in the race to supply the growth in the world potash demand over the next ten years because of artificial barriers raised through the unhealthy environment created by the current battle between different levels of government and the industry over resource taxation and legislation."

Jan 1, 1976

By Thomas J. Ferree

"IntroductionThe objective of this chapter is to provide important criteria relating to the operation and maintenance of spiral concentrators and Reichert cones, so that optimum performance can be achieved and maintained in a mill circuit. Little space will be devoted to the theory of the forces of separation or the technical details of the devices, as that in(ormation is available from other sources. The discussions in this chapter will be presented in a manner that should be interesting and useful to anyone who may be exposed to these methods of gravity separation. It is most important for the reader to understand that each application of the equipment should be considered on its own merit, as no two suites of minerals respond exactly alike in mineral processing circuits. The information herein should be useful as a guide toward increasing the metallurgical efficiency of the processes, irrespective of the type of minerals being concentrated.It is highly recommended that certain tools be made available to the personnel responsible for metallurgical performance of the spirals and cones; these include a set of standard type laboratory screens, a medium quality petrographic microscope, and a vanning plaque or gold pan. These devices, when used in conjunction with a basic understanding of the mill circuit, provide immediate knowledge on the characteristics of any sample in the mill circuit. The information gained by visual evaluation of sized fractions of products can solve many of the basic problems of mineral beneficiation, and at the same time increase the interest of the non-technical personnel associated with the plant operation. There are many problems associated with obtaining satisfactory performance from a mill operation. Many of the problems have to be solved using a technical approach. Some of the problems, however, can be solved with practical knowledge and common sense. It is hoped this chapter can provide a guide to both techniques."

Jan 1, 1989

By D. W. Tully

Sedimentary and volcanic rocks of the Timiskaming series trend west-ward across the property of the Upper Canada mine, forming part of the north limb of a regional syncline which is truncated on the south by the Larder Lake fault zone. A wide zone of schistosity strikes east-west through the sediments and volcanics. The central portion of this zone is occupied by a system of narrow gouge-filled fractures in highly altered rocks, mainly tuff, trachyte, trachyte porphyry and syenite porphyry. The alteration zones have developed through repeated stages of deformation and accompanying metamorphism. The initial stages were marked by carbonatization and sericitization, followed by silicification and the introduction of minor amounts of sulphide minerals. Gold was finally de-posited in relatively late fractures within silicified zones and pyrite. Repeated movements along the Up-per Canada break have offset post-ore dykes of minette and diabase, and have resulted in minor displacements within the orebodies.

Jan 1, 1963

By M. Piard

The scarcity of literature referring to mines in the Rockies has compelled the writer to co-ordinate information and advice taken at the very source. Help was gladly given by active inspectors and mine bosses. Although the field is unimportant at the present time, due to its distance from markets for raw coal, it is quite worthy of the attention it is receiving from two continents; for, with the commercial synthesis of liquid fuels, it would become the largest fuel laboratory in the world, provided, of course, that freight cost drops to a low comparative level. As explained below, there are no obstacles to economical and safe operation under anything like the typical outcrop shown in Figure 1. Although coal dust is probably more dangerous in the Rockies than anywhere else, the damp outcrops afford means of control. The abundant gas may be bled to the open air, and the rigid roof will settle gradually under a wide span of opened outcropping. The Panel Retreating Wall The Measures: Coal measures having an attitude similar to that shown in cross-section in Figure x are characteristic of the active coalfield on the Alberta side of the Rockies, and they are also found on large tracts of undeveloped land west of the divide. The small anticlines, not shown in the cross-section, do not affect the progress of a pillar line, provided their crests are connected to the atmosphere by drainage bore-holes.

Jan 1, 1928

By R. J. T. Charles

Introduction An apparatus that will measure the surface area of a few of the simple minerals with a high degree of accuracy has been described by J. W. Bell (1). His apparatus consisted essentially of a photometric device that would measure the turbidity of fine particle suspensions. Turbidity, in this case, was considered as a function of surface area. Bell's method of surface area determination seemed to offer possibilities of extension and improvement to the point where it might approach a general method of particle size measurement. Theoretical and Practical Considerations of the Photometric Method In order to illustrate how turbidity may be considered as a function of average particle size, and to indicate the type of results expected from a photometric method of particle size measurement involving turbidity, the following theory may be hypothecated. If a number of particles, considered as spheres of uniform diameter, are placed at random in the path of a beam of light, the following expression, which will give the change in light intensity as a function of the diameter of the particles, the specific gravity of the material, and the weight involved, can be formulated from the Beer-Lambert Law:

Jan 1, 1951

By Guangdong Institute of Resources Comprehensive Utilization, Y. H. Tang, H. X. Hu, T. S. Dong, Z. H. Zhang

"A world class rare metals ore deposit in Africa belongs to a massive granite type poly-metallic pyrochlore-niobium resource. Successful project development in realizing the resource is vital to Africa’s economy and pyrochlore processing technology.The ore properties are quite complex due to the presence of varieties of valuable minerals, fine dissemination and intimate association of minerals and the relative abundance of easy-floatable minerals. The separation of pyrochlore from zircon, calcite and mica is generally considered difficult. Whilst studies have previously been conducted by several independent institutions overseas, no satisfactory process has yet been developed to date for the ore deposit—possibly due to the process designed being too complex; high cost of regents; lower performance.Based on process mineralogy study and extensive testwork, the authors have in recent years developed a new technology—“De-slime—Iron-rejection—Zircon (with calcite) and Calcite reverse flotation—Pyrochlore flotation”. The flow-sheet is characterized by ?1prior removal of slimes and iron minerals; ?2 Zircon (with calcite) and Calcite reverse flotation; and ?3Pyrochlore flotation applying new type of chelating collector GYX3 developed by GZRINM in conjunction with selected regulators and depressants.The process involved in the new technology is simple to implement and facilitates stable operation; the flotation reagent regime is easily adaptable; the cost of main reagent is lower largely because it is easy to manufacture and is environmental friendly. Laboratory test results demonstrated that, for raw ore assaying 0.35% Nb2O5, 0.03% Ta2O5 and 0.45% ZrO2, pyrochlore concentrate grade of >35% Nb2O5 could be obtained with >74% recovery. Meanwhile, the Ta2O5 content in pyrochlore concentrate could be recycled, and ZrO2 recovery >50% could be achieved in zircon concentrate assaying ZrO2>63%—significantly improving the technical-economic indicator. These results were verified in pilot trials of 1.44t/d throughput. The paper presents the new technology in whole, summarizes the key factors affecting its performance and discusses in simple terms the mechanism of separation."

Jan 1, 2016

By A. Lawson

"Continued and expanded use of underground diesel-powered equipment is considered desirable in order to achieve necessary production capability, particularly when coal becomes increasingly in demand as an energy source. Although diesel engines are derated for underground use, concern has been expressed in many quarters regarding the health effects of worker exposure to diesel-generated particulate and NOx emissions. This concern will increase as Canadian diesel fuel quality becomes heavier and with higher sulphur content. This could result in a requirement to increase ventilation rates by 50%.This paper describes the results of studies of various approaches designed to reduce diesel emissions. Two major approaches have been followed: fuel modification, and emission control hardware development. The results of progress in the development of these approaches will be described.Fuel modification includes the application of water/diesel and methanol/diesel fuel emulsions to the engine. Details of the techniques employed in this approach will be described, together with the effects on diesel emissions. (The paper is concerned with the emission aspects only, not the possible major engine modifications and/ or substitute materials of construction for 100070 methanol.) Use of methanol has the added advantage of acting as a diesel fuel substitute and extender, and there are expectations that underground diesel engines could eventually operate on close to 100% methanol fuel, thereby eliminating particulate emissions. The results of emission control hardware development will also be presented and will include the effects of catalysts, water scrubbers, exhaust filters and exhaust gas recirculation techniques on emissions. A combined systems approach employing a number of these components appears to be the most viable method of controlling the complete array of diesel emissions.This work should culminate in a better understanding of the costs involved in employing fuel modification or emission control hardware relative to the costs of increased ventilation which mpy be necessary to maintain a safe working environment for the underground worker."

Jan 1, 1981

By Guangdong Institute of Resources Comprehensive Utilization, Y. H. Tang, H. X. Hu, T. S. Dong, Z. H. Zhang

"A world class rare metals ore deposit in Africa belongs to a massive granite type poly-metallic pyrochlore-niobium resource. Successful project development in realizing the resource is vital to Africa’s economy and pyrochlore processing technology.The ore properties are quite complex due to the presence of varieties of valuable minerals, fine dissemination and intimate association of minerals and the relative abundance of easy-floatable minerals. The separation of pyrochlore from zircon, calcite and mica is generally considered difficult. Whilst studies have previously been conducted by several independent institutions overseas, no satisfactory process has yet been developed to date for the ore deposit—possibly due to the process designed being too complex; high cost of regents; lower performance.Based on process mineralogy study and extensive testwork, the authors have in recent years developed a new technology—“De-slime—Iron-rejection—Zircon (with calcite) and Calcite reverse flotation—Pyrochlore flotation”. The flow-sheet is characterized by ?1prior removal of slimes and iron minerals; ?2 Zircon (with calcite) and Calcite reverse flotation; and ?3Pyrochlore flotation applying new type of chelating collector GYX3 developed by GZRINM in conjunction with selected regulators and depressants.The process involved in the new technology is simple to implement and facilitates stable operation; the flotation reagent regime is easily adaptable; the cost of main reagent is lower largely because it is easy to manufacture and is environmental friendly. Laboratory test results demonstrated that, for raw ore assaying 0.35% Nb2O5, 0.03% Ta2O5 and 0.45% ZrO2, pyrochlore concentrate grade of >35% Nb2O5 could be obtained with >74% recovery. Meanwhile, the Ta2O5 content in pyrochlore concentrate could be recycled, and ZrO2 recovery >50% could be achieved in zircon concentrate assaying ZrO2>63%—significantly improving the technical-economic indicator. These results were verified in pilot trials of 1.44t/d throughput. The paper presents the new technology in whole, summarizes the key factors affecting its performance and discusses in simple terms the mechanism of separation."

Jan 1, 2016

By J. A. Brusset

Introduction I am indebted for most of the information in this paper to Mr. P. S. Lea, Deputy Chief Inspector of Mines of Great Britain, and Mr. A. E. Crook, Engineering Inspector of Mines, Ministry of Fuel and Power. Other coal-mining men in Canada may be as surprised as I was to learn that there are twenty-five Diesel locomotives in service underground in British gassy coal mines. Many more are in use underground in non-gassy coal mines and in metal mines. Approval has been granted for an additional fifty flame-proof locomotives to be used in gassy mines, and these should be in operation by the end of 1946, or as soon as manufacturing facilities permit.

Jan 1, 1946

When selecting a method for monitoring crack growth in pipeline steel, the sensitivity or crack-size resolution plays a dominant role. Even though there are several visual and non-visual methods, the direct current potential drop (DCPD) method is very effective for monitoring crack growth because of its resolution. This method has been used for the past few decades and has gained increasingly wide acceptance in fracture research as one of the most accurate and efficient methods for monitoring the propagation of cracks. Furthermore, most R&D experience has proven that the electrical potential method can be used in most "aggressive" environments. For these reasons, the DCPD method was selected to design a testing machine to monitor corrosion fatigue crack growth. The use of finite-element modelling is shown to facilitate the application of the DCPD method for monitoring crack growth in steels. The 2D model calibration provided a good description of the test data and proved more accurate than the analytic Johnson's formula.

Jan 1, 2005

By Jesús L. Valenzuela, José R. Parga, Salvador Aguayo, Héctor Moreno

The Merrill Crowe zinc-precipitation process has been applied worldwide on a large number of operations for the recovery of gold and silver resulting in a higher consumption of zinc dust from cyanide solutions. However, in some of plants this precipitate is of low quality, because lead, cadmium and especially copper are precipitated along with gold and silver. The low quality precipitate also requires more fluxes in smelting and shortens crucible life. In this study, a process is introduced to remove copper, silver, lead and cadmium from barren solutions following the Merrill-Crowe process. Copper and silver are removed by precipitation in a serpentine reactor, using sodium sulfide as the precipitator, and sulfuric acid for pH control. The recovery of lead and cadmium ions with natural hydroxyapatite using cow bone powder (CBP) as a new adsorbent material, is introduced. CBP is capable of removing lead and cadmium ions from aqueous cyanide solutions with 99% efficiency. It has the ability to compete with other existing commercial adsorbents for the removal of lead and cadmium. Results show that pH value has a significant effect on copper cyanide removal efficiency, and it was determined the optimal pH range to be 2 - 3. At this pH value, the copper cyanide removal efficiency achieved was up to 99 %; and for the cyanide associated with copper cyanide complexes, the recovery was 90%. Finally, the precipitate quality was improved 400% .This procedure was successfully run at three mines in México.

Jan 1, 2014

By Sylvain Picard

"RESUMELe gisement Silidor représente la dernière découverte effectuée dans le camp minier de Rouyn-noranda (fin 1985). Située à 5 km à I' ouest-nord-ouest de Rouyn-Noranda, ce gisement aurifère doit être mis en exploitation au cours du mois d’avril 1990. 11 est constitué par plusieurs facies minéralises comprenant une tonalité, un dyke mafique, une brèche carbonatée et par une veine de quartz. L’or se présente en particules très fines associées ou non à la pyrite. La zone d’altération hematitisee se développe sur une largeur de 30m environ de chaque cote de la veine. Une première étude structurale montre que la minéralisation s’est mise en place le long d’une zone de tension, orientée NNW, résultant de I' interaction de deux zones de cisaillement dextre orientées N270° et N300°. Les réserves diluées sont évaluées jusqu’ à 700 m de profondeur, à 4,78 Mt à 5,4 g/t Au. ABSTRACTThe Silidor ore deposit, located 5km WNW of Rouyn-Noranda, is the latest discovery made in the Rouyn-Noranda mining camp. Discovered at the end of 1985, this gold deposit will begin production in the spring of 1990. The deposit comprises several facies including a tonalite, a mafic dyke, a carbonated breccia and quartz vein. Gold is present as very fine grains, associated or not with pyrite. A 30m wide hematized alteration zone is developed on both sides of the structure. A structural analysis shows that the mineralization took place along a NNW oriented tension zone that resulted from the interaction of two dextral shear zones, oriented N270 and N300 respectively. The diluted ore reserves are estimated at4,78 Mt at 5,4 g/t down to a depth of 700m."

Jan 1, 1990

By N. R. Andrade-Gonzalez

In this paper, the effect of magnesium and strontium additions on the heat treatment behaviour of cast A319,2 alloy was investigated, Permanent mold samples were heat treated at 495 °C for 4 and 24 h, then quenched in hot water and aged at 180 °C and 220 °C for different temperatures, It is found that multiple aging peaks are present in the age-hardening curves of Al-Si-Cu alloys, mainly when Mg and Mg-Sr are added, The results of electron probe microanalysis (EPMA) observations reveal that the age-hardening behaviour is related to the precipitation sequence of alloys, For the Al-Si-Cu alloy, the first aging peak is the result of the high-density GP zones, while the subsequent peaks arise from metastable phases, Obvious intervals during the transition from GP zones to metastable phases may be the main reason of the formation of multiple aging peaks, It is seen that addition of Mg (-0,40 wt %) leads to the precipitation of coarse Al5Mg8SioCu2 particles. When modifying the high Mg alloys, Cu-intermetallics segregate in areas away from the growing Al-Si eutectic regions, Modification with strontium retards the precipitation of the silicon out of the matrix.

Jan 1, 2005

By N. J. Contini, R. W. Knopp

"In March 1988, old Denver flotation cells were removed from Dickenson's Arthur w. White Mill, and a new flotation circuit, consisting of four Prochem rougher cells and a Hydrochem agitated cleaner column, was commissioned. The refractory portion of the gold in the ore is associated with arsenopyrite, therefore the flotation circuit is set up to produce a saleable sulphide concentrate. Tailings from the leach circuit are conditioned prior to being pumped as feed to the flotation circuit. The prototype Hydrochem agitated column has been in operation as a single cleaner stage for rougher concentrate. The effect of flotation circuit changes on gold recovery data, as well as cleaner concentrate production, and development work to achieve the target results, have been investigated. Flowsheet modifications and the resulting circuit performance data, along with test results to date, will be presented.INTRODUCTIONThe mill is capable of treating 1000 stpd of ore averaging approximately 0.30 oz/ton Au. The ore is crushed and ground to 75% - 200 mesh. Gravity concentration, cyanidation, and Merrill - Crowe precipitation yields 84% gold recovery. Detailed descriptions of the comminution, gravity separation, and leaching circuits, as well as background information have been presented elsewhere (Suttill, Van Weert et al). The target cleaner concentrate grade is 1.0 oz/ton Au for custom smelting and refining. Historical gold recovery values of the old circuit was approximately 20% of the gold present in the float feed at the target grade. The recovery value objective set for the new circuit during the planning stages was 50% of the gold present in the flotation feed at 1.0 oz/ton Au in cleaner concentrate."

Jan 1, 1989

By V. G. Papangelakis, A. Dani

"Alkaline pressure oxidation, particularly in the presence of trona as additive, can be used to oxidize high carbonate refractory gold ores as it prevents the formation of CO2 in the autoclave. However, the presence of silica in the ore can lead to the encapsulation of pyrite due to the solubility of silica in alkaline solutions and its subsequent reprecipitation on the reacting pyrite surface, leading to the formation of a passive layer. This fundamental study investigates the chemical composition and thickness of the passive layer on a rotating pyrite disk using XPS and SEM, as a function of process conditions at 230°C, in an aqueous slurry containing silica sand, sodium carbonate and calcium carbonate under 100 psi of oxygen overpressure.INTRODUCTIONAlkaline pressure oxidation (POX) has been used successfully to treat high carbonate refractory gold ores, which contain carbonates in addition to sulphides, most notably at Mercur and Goldstrike mines operated by Barrick Gold. There are several advantages to using alkaline POX over its acid counterpart, especially due to high carbonate content. First, it eliminates the production of CO2 in the autoclave without resorting to pre-acidification, which allows for high oxygen utilization. Second, alkaline POX suppresses the formation of elemental sulphur and intermediate sulphur oxyanions (such as thiosulphates and dithionates), which reduce gold recovery. Third, the use of sodium hydroxide or salts prevents the formation of anhydrite scale by forming soluble sodium sulphate. Other advantages are the use of cheaper materials of construction and the formation of non-acidic residue that do not require further treatment prior to cyanidation (Thomas, 2005).Sodium carbonate in particular is a promising reagent for alkaline POX because it was shown to significantly accelerate the kinetics of pyrite oxidation by molecular oxygen, when compared to other reagents such as sodium hydroxide, sodium borate and calcium hydroxide. This has been attributed to the following factors: a) the faster oxidation kinetics of Fe2+-CO3 complexes compared to Fe2+ oxidation, b) the buffering effect of carbonate ions on the acidic pyrite surface, and c) the increased solubility of oxidizing Fe(III) species due to carbonate complexation (Caldeira, 2010)."

Jan 1, 2012

By D. B. Smith

DURING the summer of 1953, test work commenced at the Sullivan Concentrator with a view to the modification of filtration practice by the inclusion of wet cyclone classification of the lead concentrates, with separate filtration of the underflow and overflow products. Formerly, practice was conventional and the equipment employed comprised one 50-foot diameter thickener ?with the underflow routed via a 20-foot stock tank to two 8-foot by 12-foot Oliver filters. Heating of the filter feeds to 40° C. and the use of mechanical slappers on the filter drums ?have both been standard features of Sullivan practice for years. Both of these have been retained. Currently (February, 1956), lead concentrates are being classified into sands and slimes by 12-inch cyclones with the underflow, at 75 per cent solids, being fed to No. 1 Oliver filter. The overflow is thickened to 75 per cent solids and filtered separately by a No. 2 Oliver filter . The tonnage split is approximately two of underflow to one of overflow. The overflow contains 75 to 80 per cent of the total minus I 500 mesh slimes in the feed.

Jan 1, 1956

By Warwick Bullen

A hypothetical economic model has been developed for diamond projects in the Canadian Arctic using data from recent exploration and mining projects. The model reflects economic conditions as it applies to the diamond mining industry in the Canadian Arctic at the present time. The economic model captures pre-production expenditures, production data, and post-production costs. Before- and after-tax cash flows are derived from the data along with the relevant economic criteria. From the corporate perspective, the model provides guidance as to the minimum size and/or in-situ value per tonne requirements of targets being sought in order to ensure economic success and probable exploration and development expenditures. From the government perspective, the model provides an indication of income and mining tax revenues that can be expected from a particular diamond project. The model shows, on average, diamond projects in the Canadian Arctic are expensive to explore for and develop, but are economically robust. They generate great economic return for mining companies and significant amounts of tax revenue for governments. The fact that diamonds can be transported directly from the mine site by air makes them particularly attractive targets for mining companies that operate in the Canadian Arctic.

Apr 1, 2005