Search Documents

By H. R. Bullis

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

Jan 1, 2019

By A. Romero, M. Carvalho, D. L. Millar

"The number of underground mines replacing diesel by battery powered mobile equipment is growing worldwide. The latter produces locally zero emissions and less heat, improving air quality in the working areas, and can potentially reduce energy costs due to lower ventilation requirements and in the face of higher fuel prices. However, there is a lack of systematic approaches to evaluate the potential economic benefit of switching from diesel mobile technologies to electric ones. This paper presents a method to answer the question of whether a mine with known operating conditions should invest in battery-powered electric equipment to reduce its total costs. Furthermore, this method provides the optimal number of electric and diesel equipment in relationship with their impact on the ventilation system and the total costs of running the mine from the energy perspective. A case study of an underground mine in Northern Ontario (Canada) is presented to validate the method proposed. The scenarios studied include the specific climatic conditions of the region, and the possibility to use heat recovery for the ventilation system. Overall, results show that the use of electric mobile plants is cost competitive, especially so when electricity cost can be lowered through load-shedding strategies.INTRODUCTIONOf the multiple advantages of using electrical vehicles (EV) underground in mining, the potential increase in air quality and comfort is the most significant (Paraszczak, Svedlund, Fytas, and Laflamme, 2014). Until recently, fully battery-powered electrical underground heavy duty machinery (i.e., loaders or trucks) were not available, so that tethered and trolley assisted vehicles were the only electric alternatives to diesel powered vehicles (Bétournay et al., 2011). Today, several commercial battery-based alternatives are available (General Electric Fairchild, 2015; RDH Mining Equipment, 2015; Paraszczak et al., 2014). Operational details can be found in Ewing (2015). The main battery technology used (Lithium Iron Phosphate, LiFePO4, or LFP) was already anticipated in Bétournay et al. (2011) as a good candidate for these types of vehicles. More details on these batteries, along with state of the art and future perspectives can be found in Zubi, Dufo-López, Carvalho, and Pasaoglu, (2018)."

Jan 1, 2019

By R. J. Labine, D. I. Brisbin, R. Roussain, P. R. Coad

"Abstract - The Owl Creek Mine is located near the west end of the Neo-archean Abitibi greenstone belt, 17 km northeast of Timmins, Ontario, and 4 km north of the Destor Porcupine fault. Gold occurs in epigenetic quartz veins and their pyritic wallrocks in two zones within a package of east striking, steeply north dipping, volcanic and sedimentary rocks. At the West Zone, 1 729 603 t of ore with a grade of 4.83 g/t Au (268 587 troy oz.) were produced from an open pit centered on a wedgeshaped unit of Tisdale Group basalt that occurs between two overturned, south facing units of Porcupine Group graywacke and argillite. Basalt/graywacke contacts are locally marked by graphiticcarbonaceous argillite, strike-parallel faults and massive quartz veins.Deformed quartz+/-ankerite veins occur along the graphitic sedimentary/volcanic contacts and in gently to moderately dipping fractures in basalts, and, to a lesser extent, in graywackes. Veins also occur sub-parallel to steeply dipping 070° foliation. Altered host basalts are composed of iron carbonate, sericite, quartz, carbon, chlorite and disseminated pyrite. Gold occurs as inclusions in pyrite, and less commonly as free gold in fractures and along graphite-quartz grain boundaries in quartz veins. Fractures preferentially developed in more competent basalts during pre- to syn-ore deformation are interpreted to have provided the permeability required for emplacement of mineralized quartz veins. Carbonaceous basalt/graywacke contacts further enhanced gold deposition by acting as chemical traps. The interaction of hydrothermal fluids with these carbonaceous sedimentary rocks led to the characteristic local darkening of host basalts due to carbon impregnation and chlorite development."

Jan 1, 1998

By V. G. Papangelakis, S. Peters

Pressure oxidation of refractory gold ores can be conducted on ores with high carbonate content using just water or water with alkaline reagents to promote fast kinetics, and suppress the formation of elemental sulphur and CO2. In this work, a fundamental study was conducted to explore the silica-pyrite interaction in the presence of calcium and sodium carbonate. It was found that an alkaline environment increases the pyrite decomposition kinetics on one hand, but on the other dissolves silica, which encapsulates the dissolving pyrite thus hindering ultimately its complete decomposition.

Jan 1, 2011

By E. Asselin, G. K. Yue

"In the present study, electrochemical measurements, especially cathodic potentiodynamic polarization (CPC) and cyclic potentiodynamic polarization (CPP), have been employed to study the kinetics of ferric reduction on chalcopyrite in aqueous Fe(II)Fe( III)H2SO4 solution at 90 °C and 110 °C. Results from the calculation of speciation in the above solution reveal that, at both 90 °C and 110 °C, the real Fe3+/Fe2+ ratio is much lower than the nominal ratio, which leads to smaller VALUES (for the reversible potential of the ferric/ferrous couple. Exchange current densities of the ferric/ferrous couple were obtained and are on the order of 106 10 5 A/cm2 a t 9 0 °C and 1 07 10 6 A/cm2 at 110 °C, respectively. The Tafel slopes from the CPP method are higher than those from the CPC method at both 90 °C and 110 °C. The transfer coefficients were about 0.360.59 at 90 °C and 0.370.65 at 110 °C. Based on the exchange current densities obtained, the rate constant kc was calculated. It was found that kc at 90 °C was slightly larger than at 110 °C, especially for the results obtained by the CPC method. The average rate constants are 862.17 cm/s for CPC and 65.30 cm/s for CPP at 90 °C, and 477.69 cm/s for CPC and 63.53 cm/s for CPP at 110 °C for nominal Fe3+/Fe2+ ratios ranging from 1:1 to 1000:1. INTRODUCTIONChalcopyrite is one of the most abundant copper-bearing minerals, accounting for approximately 70% of the world’s known copper reserves (Wang, 2005). Most of the currently proposed leaching processes are based on sulfuric acid with ferric ions and/or dissolved oxygen as oxidants. Some of these processes have been piloted in attempts to implement these technologies on an industrial scale, such as Activox (U.S. 5,232,491, 1993), Nenatech (U.S. 5,993,635, 1999), Dynatec (U.S. 5,730,776, 1998), AAC/UBC (U.S. 6,503,293, 2003), Total Pressure Oxidation (U.S. 5,698,170, 1997), CESL (U.S. 5,874,055, 1999) and Galvanox (U.S. 7,846,233, 2010).To date, much effort has been devoted to understanding the kinetics and mechanisms of the oxidative processes (Biegler & Horne, 1985; Córdoba, Muñoz, Blázquez, González, & Ballester, 2008, 2009; Ghahremaninezhad, Asselin, & Dixon, 2010; Hirato, Majima, & Awakura, 1987; Hiroyoshi, Kuroiwa, Miki, Tsunekawa, & Hirajima, 2004; Warren, Wadsworth, & El-raghy, 1982) or the cathode reduction reactions of chalcopyrite itself (Arce & González, 2002; Biegler & Swift, 1976; Biegler, 1977; Nava, González, Leinen, & Ramos-Barrado, 2008), by chemical or electrochemical methods. However, as the most important cathodic processes in chalcopyrite leaching systems, the cathodic reductions of ferric ions or dissolved oxygen are worth measuring due to their effects on the overall leaching rate, as predicted by mixed potential theory."

Jan 1, 2012

By W. van der Merwe

With the gold industry looking to process more complex ores, the online measurement and control of cyanide addition to the gold leaching circuit has become more crucial. This paper compares the two commonly employed "free" cyanide online analysis methods (amperometric and potentiometric end-point silver nitrate titration) with the common site laboratory rhodanine endpoint silver nitrate titration and ion selective electrode methods. Measurement differences between these methods are presented and discussed for cyanide solutions containing copper and zinc with varying cyanide to metal ion ratios. The resulting cyanide available to leach gold is also compared with these measurements.

Jan 1, 2011

By Robert A. Creaser, David R. Lentz

Abstract - The Moss molybdenite deposit, which was mined during both world wars, is hosted in late Grenvillian granitic pegmatite dikes. These dikes are locally aplitic, and intrude the late tectonic Onslow syenite (probably correlative with the ~1090-1070 Ma Kensington suite), which is in turn intrusive into the 1170-1155 Ma Chevreuil intrusive suite of southwestern Quebec. A Re-Os model age of 1053 ± 4 Ma (8.3 ppm Re) was obtained for molybdenite from a pegmatitic veinlet within an aplitic phase of the dike. A much younger Re-Os date of 860.9 ± 9.2 Ma (6.9 ppm Re) obtained previously from a pyrrhotiteand pyrite-rich metasomatic vein might reflect Os diffusion during slow cooling of the Grenville province, because this age is consistent with K-Ar dates reported from the region. Alternatively, the similarity between these younger dates may be fortuitous, and may instead relate to sampling issues for molybdenite. The Mo-rich granitic dikes at the Moss deposit are similar to other Mo-rich A-type pegmatite-aplite granitic dike systems that formed immediately after the peak of the Ottawan orogeny (1070-1090 Ma), and possibly are more closely related to the Kensington suite than previously thought.

Jan 1, 2005

By P. Bacher, L. Dubourg, M. Jahazi, G. Dezaise

Effect of friction stir welding parameters and natural ageing on weld properties are reported. Using a Taguchi design of experiment, attempt is made to systematically examine the influences of the welding speed, tool rotation speed, forge force, tilt angle and pitch ratio on the weld size and ultimate tensile strength of FSWed joints. One millimetre thick plates of AA7075-T6 were welded in lap joint configuration. Samples were characterized by optical microscopy, hardness and tensile measurements. Trends suggested by the results and directions for further investigation are discussed.

Jan 1, 2006

By Herbert D. Drechsler, James B. Stephenson

"AbstractThe paper identifies the major components of price change which affect the determination of the internal rate of return of a mining project. It illustrates several price indexes which may be used to measure general price increases, identifying techniques which might incorporate them into mine valuation procedures. The ""hurdle rate"" for new investment is discussed.IntroductionDECISIONS regarding the value of an orebody and whether or when to mine an orebody are based on an estimate of the cash flows which would be associated with its exploitation. These pro-forma cash flows represent cash in or out of a possible mineable deposit and include exploration and construction costs, sales revenues, operating expenses, taxes, debt borrowings, interest and debt repayment. It has long been recognized that when combining the cash flows occurring over the life of the mine, dollars received or paid out early have greater value than those received or paid out later. This time value of money has been incorporated into mine evaluation calculations through the use of present-value or discounting techniques. Another factor affecting mine valuation, inflation, is not accounted for by valuation techniques now in use. In recent years, price changes have become more volatile. In the past, price change could easily be ignored when evaluating potential mines. Today, the combination of larger investments and greater price volatility leads to great concern about the effects of price change on mine valuation."

Jan 1, 1977

Sherwood?s Minto Project ? High grade copper copper-gold deposit ? Yukon Territory, Canada ? Development underway ? Permitted ? Production by mid mid-2007 ? 40 40-50m lbs Cu plus Au/Ag by by-products ? Parallel exploration program underway ?Discover more high grade resources ?But what kind of deposit is it?

May 1, 2006

By C. Klinkenberg, G. Zhu, K. Hulka, S. V. Subramanian

A quantitative model based on strain accumulation in multi-pass rolling is developed to overcome a large critical strain for dynamic recrystallisation in a Nb microalloyed steel with high Mn content (HTP steel). The larger the critical strain for dynamic recrystallisation, the finer is the dynamically recrystallised grain size. The initial mill trial showed that it is feasible to achieve ultra-fine grain size by dynamic recrystallisation but the prevention of static recrystallisation in between passes is identified as an essential condition to suppress mixed grain size. The data-base on static softening kinetics at short interpass time was experimentally determined on WUMSI and incorporated in the model. The model is used to optimise the strip rolling schedule to prevent static recrystallisation in the interpass time. The rolling simulation of strip rolling schedule has validated the model prediction that it is possible to obtain a uniform ultra-fine ferrite grain size of about 1-2 micrometer diameter in final ferrite microstructure for industrial rolling parameters. A user friendly software package has been developed to apply the model for off-line control of mill processing parameters, i.e., time-temperature-deformation schedule of finish rolling in order to accumulate large strain to overcome a large critical strain for dynamic recrystallisation. The model is a powerful predictive tool for grain size control in multi-pass rolling.

Jan 1, 2004

By V. E. Dawson

Brake testing of large mining trucks was initiated in British. Columbia in 1969 following an accident involving the failure of the service brakes of a l00-ton electric-drive truck. Some selected results of the 1976 brake test program are presented and discussed ?in this paper . The tests were conducted on end- dump trucks having load capacities ranging from 85 to 235 tons. All tests were made with the vehicles fully loaded operating on downhill grades varying from 8 to 10 %. Stopping distances were measured from initial speeds varying between 10 and 39 mph. The results are adequate, in most cases, to determine the "ultimate" capabilities of the service brakes of varying models and sizes of haulage trucks operating in British Columbia mines.

Jan 1, 1977

By G. R. Webber

CHEMICAL AN AL YSIS by x-ray emission spectrometry has become increasingly important during the past few years. The method is analogous to optical spectrography ?with x-rays being used instead of light and should not be confused with methods of x-ray diffraction used? for identification of minerals and chemical compounds. X-ray emission spectrometry has many advantages for both qualitative and quantitative analysis. Its optimum concentration range is higher than that of the optical spectrograph, and the group of elements which can be detected is not identical to that which can be detected by the optical spectrograph. Elements which can be detected by the x-ray spectrometer are those elements from magnesium (atomic number 12) to uranium (atomic number 92) in the periodic table. The lightest elements in this range have low sensitivities and more specialized equipment is necessary for their detection than for the heavier elements. A large number of applications of x-ray analysis have been directed toward the analysis of ores, metallurgical products, and related materials (see References at end of paper). A more complete bibliography is presented in the Norelco Reporter, Vol. 3, 1956, pp. 37-39. The periodicals Analytical Chemistry and Applied Spectroscopy are a good source of current articles and references.

Jan 1, 1957

By R. L. Bailey

"The Acheson D-3 Pool was discovered in August 1950, and contains 88 producing oil wells on 40 acre spacing. Initial oil-in-place was 118 million stock tank barrels and initial well potentials averaged 2,000 barrels per day.In early 1956 studies of hydraulic interference between the Acheson and Leduc D-3 Pools were conducted on the Carter Petroleum Reservoir Analyzer. These studies indicated that the natural water drive to Acheson would be incapable of replacing reasonable withdrawal rates over the life of the pool. To avoid shrinkage losses a scheme of pressure maintenance by water• injection was therefore instituted in March 1957.This pressure maintenance scheme is notable because pressure is being effectively maintained by high volume injection through one well located on the flank of the pool. Close control on reservoir behaviour is maintained by regular bottom-hole pres-sure surveys and observation of water cuts on producing wells. No evidence of pressure gradients or channelling of the injected water has been observed to date, and the water-oil contact has remained level over the whole field. It is possible to control the average reservoir pressure within very close limits by varying the rate of fresh water injection.Ultimate recovery estimated from the rise of the oil-water contact and calculated water influx to December 31, 1958, is 335 barrels per acre foot, or a total of 91.4 million barrels from the pool. This compares to 217 barrels Per acre foot or a total of 59.4 million barrels indicated from laboratory test data."

Jan 1, 1961

By A. Dubé

Introduction It is common experience that on re-heating a fully martensitic steel below the Ac, point, a softer and tougher structure is formed as the tempering temperature is raised. The mechanism of tempering of plain carbon and low-alloy steels has been the subject of many investigations. In a very comprehensive study, Cohen and associates have recently established three different tempering stages, the last of which reaches completion at about 700°F., with heating rates of 5°F. per minute. This latter stage has been established ta be the carbide-forming stage, so that the steel consists of a mixture of ferrite and carbide, which are the metastable equilibrium phases. Any subsequent changes which take place at higher temperatures below the Ac, point in the absence of graphitization or carbide lattice conversion normally consist of agglomeration of the carbide particles. This naturally results in the softening of the steel. However, in many cases the Ac, point, as determined by dilatometry, thermal analysis, etc., only gives a rough estimate of the temperature where the reaction, ferrite plus carbides to austenite, is initiated. This appears to be especially true in the case of alloy steels in which three phases can co-exist in certain temperature ranges. Bain has given data on the three-phase equilibrium in both manganese and nickel steels. In these steels, the formation of austenite at temperatures just above the AeIL apparently involves the diffusion of the alloying elements to the first pools of austenite, thereby making the process very sluggish. As a consequence, the critical Ac points determined by ordinary methods at normal rates of heating can be quite distant from the true equilibrium Ae temperatures.

Jan 1, 1946

By B. G. Hunt, E. J. Kwasney, W. P. Campbell, S. L. Gertsman

"AbstractIn the separation of lead and zinc concentrates from the ore from Cominco's Sullivan mine at Kimberley, • B.C., an iron sulphide concentrate is also produced, some of which is roasted to provide sulphuric add for the manufacture of phosphate fertilizer. The iron oxide calcine from the roaster is potentially a valuable raw material for the production of pig iron and steel. To evaluate this material, six tons of .pig iron was produced from it in an experimental 75 k.w. electric furnace at Trail. The pig iron alone, and also in varying proportions with structural steel scrap and commercial pig iron, was used in the production of basic electric furnace steel at the Mines Branch Laboratories, Ottawa. Details are given of the steel making and fabrication procedure, of the visual and microscopic examination, and of the extensive series of tests on the steel produced. The steel produced using Cominco .pig iron in the charge showed normal working properties in all tests carried out.IntroductionTHIS PAPER describes (a) experimental work by The Consolidated Mining and Smelting Company of Canada, Limited ( Cominco), at Trail on the production of pig iron .from Sullivan iron concentrates, and (b) a joint laboratory investigation by Cominco and the Mines Branch, Department of Mines and Technical Surveys, Ottawa, to determine the feasibility of making a satisfactory steel from this pig iron."

Jan 1, 1955

By W. J. Asselstine

Introduction This paper is prepared from data gathered for a similar paper to be submitted to the United States Bureau of Mines, for publication as one of their information circulars. It covers the history and development of the present milling practice at Premier. The authors wish to acknowledge the assistance and suggestions given during the preparation of this paper by D. L. Pitt, Manager of the Premier Gold Mining Company, Limited; also their indebtedness to various members of the Engineering Staff and of the Accounting Department who have assisted materially in gathering the data used. Location The Premier mine and mill are situated in northern British Columbia, approximately fifteen miles north of the head of Portland canal, in the Salmon River section, about half a mile east of the Alaska-British Columbia boundary line where it crosses die Salmon river. The mill is located on a rather steep hillside on the horizon of the main haulage level of the mine, and is within a hundred feet of the mouth of the tunnel. Both the mine and mill are connected with tidewater at Stewart, B.C., by an aerial tramway (1) eleven and one-half miles in length, which delivers both ore and concentrate to the bunkers at the dock for shipment to the smelters. All mine and mill supplies are transported from Stewart dock to Premier over this tramway, except heavy machinery. Heavy pieces have to be hauled either by truck in summer or sleighs in winter over a good road which runs from Stewart dock to Premier.

Jan 1, 1933

"In a continuing investigation into the development of uranium alloys for armament applications, some complex base alloy corn positions were modified by varying the amount of alloying elements and by removing one or two of the alloying elements in turn from the base alloys. These uranium-base alloys were specially formulated in a search for heat-treatable, high-strength, ductile, high-density alloys. All alloys studied were ternary, quaternary or more complex alloys of uranium with molybdenum, zirconium, niobium and vanadium. Each cast alloy was studied under three different heat-treatments, and its mechanical and corrosion properties were determined. It was found that although most of the alloys studied had the hardness and strength required, they were extremely brittle and notch-sensitive under tensile stresses."

Jan 1, 1968

By P. J. Routledge

THE purpose of this paper is to discuss the practical aspects of locating gravel deposits and of establishing efficient, portable concrete aggregate beneficiation plants for use on construction projects where limited amounts of high-quality gravel and sand are required. Certain projects are listed, in order to demonstrate the wide variety of problems encountered. Routledge Gravel Contractors Limited, North Vancouver, have supplied concrete aggregate for construction projects in British Colum-bia since 1957. In tl1at year, in sup-plying aggregate for a small project at a site on the northern coast of British Columbia, our quote was as follows: Concrete aggregate to specifications, f.o.b. scow, North Vancouver$ 1.75 per cu. yd. Scowing charges to site. $16.00 per cu. yd. At that time, our company realized that more attractive quotations could be submitted if local gravel was utilized where available. Port-able equipment was then acquired and a simple screening plant (Figures 1 and 1a) was at first used. This was later replaced by heavier, more versatile equipment. The use of suitable equipment, the keeping of cartage to a mini-

Jan 1, 1962

By P. Scinto, P. Hudson

"Modern day ore bodies are becoming increasingly harder, more abrasive and lower grade. The Mako deposit is located in Senegal and consists predominantly of primary mafic and felsic lithology that are both very competent and very abrasive ores (Axb < 30, BWi >20 and Ai >1.0). The deposit was initially discovery in 2010 and the Toro Gold management team fast tracked the Mako Project through development and into production to achieve its first gold pour in January 2018. The comminution circuit comprises primary crushing single stage SAG milling with recycle crusher (1oCR SS-SAC). The mill reached design throughput and grind size seven weeks after first ore. The Mako project marks another successful international application of single stage milling, which represents a simple and easy to operate comminution circuit for small-to-mid size projects with a low capital cost. This paper describes the ore interpretation, comminution modelling, grinding circuit selection and design, as well as an overview of the commissioning and ramp-up of the mill.INTRODUCTION The Mako Gold Project is operated by Toro Gold Ltd., which holds a 90% interest in the project. The project is located in south-eastern Senegal in the Kedougou region, close to the Gambia river and township of Mako. The Mako deposit lies in the “Kenieba Window” of eastern Senegal and western Mali, which hosts a number of gold mining operations and development projects. The Mako Gold Project has an estimated life of 8 years with overall recoverable gold estimated at 924 koz. The process plant is designed to treat 1.8Mt/a of ore and produce 128 – 143 koz of gold per annum. Lycopodium Minerals Pty Ltd (Lycopodium) was appointed to provide feasibility studies and EPCM services for the greenfield project. Forming part of consultancy services provided by Lycopodium, Orway Mineral Consultants (OMC), a subsidiary of Lycopodium, was involved in the design, commissioning, ramp up and ongoing post commissioning support of the comminution circuit."

Jan 1, 2019