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By J. S. Redpath, W. R. Dengler

"A description of the equipment used and the electrical-mechanical problems encountered in sinking a deep shaft is given. This shaft is currently being sunk to a depth of 7,115 feet. Some of the features of the sinking plant are a 6,500-hp double-drum hoist, a Blair stage hoist, special high-capacity mucking gear, a Galloway stage, high-tensile stage suspension ropes and 12-ton sinking buckets.INTRODUCTIONIN THE EARLY FALL OF 1965, a contract was let, by The International Nickel Company of Canada, Limited, to Shaft Sinkers (Canada) Limited -J. S. Redpath Limited -Joint Venture, • to sink and equip the Creighton No. 9 shaft at their Creighton Mine proper-ty in Ontario. This paper describes the electrical and mechanical equipment used by the contractor on this project, and details various problems that were en-countered.The shaft itself is circular in section and is lined with monolithic concrete. Upon completion, it will feature twin skip compartments, a cage compartment, counterweight compartment, manway and pipe compartment. The finished diameter of this opening will be 21 feet and the shaft will bottom 7,115 feet below the collar. The present depth of the shaft (April, 1968) is 5,400 feet. The opening is concrete lined as excavation takes place and the steel will be placed in the shaft upon completion of sinking. Hoisting is done on rope guides which are part of the stage suspension system."

Jan 1, 1968

By B. Calver, D. J. M. Farnsworth

"As open-pit operations expanded at Pine Point, hydraulic aquifer evaluation was undertaken to establish the criteria necessary for the design of a feasible dewatering system.The extreme climate of this northern location dictated that the ore zone under extraction be rendered as dry as possible to minimize freezing effects. The design and implementation of such a system necessitated detailed hydraulic evaluation, and the problems that occurred are typical of those inherent in open-pit mining operations in northern areas.The paper describes the problem solution as approached from a mine engineering point of view, with particular reference to the practical aspects of operation and installation. The hydrological analysis used is simple and readily applicable to most open-pit dewatering problems."

Jan 1, 1969

By M. B. Kime

"Discrete-element method (DEM) modelling is a powerful tool for studying particulate systems within the mineral processing industry. DEM simulations were conducted to investigate the power draw, load behaviour, and impact energy profile of an experimental ball mill under different milling conditions. The variables considered were mill rotational speed (percent critical speed), ball size, and lifter face angle. The simulation results indicated that the grinding efficiency would be enhanced by using 80% critical speed, 30 mm ball diameter, and 45° lifter face angle. These findings can be useful in guiding actual ball milling tests involving an ore sample.RÉSUMÉ La modélisation par méthode des éléments distincts (MED) est un outil puissant qui permet d’étudier les systèmes particulaires au sein de l’industrie de traitement des minerais. Des simulations par MED ont été menées de façon à étudier le profil de la consommation énergétique, du comportement de la charge et de l’énergie de rupture d’un broyeur à boulets expérimental dans diverses conditions de broyage. Parmi les variables prises en compte figuraient la vitesse de rotation du broyeur (vitesse critique en pourcentage), la taille des boulets et l’angle de coupe de la cornière élévatrice. D’après les résultats de la simulation, on pourrait améliorer l’efficacité de broyage en utilisant une vitesse critique de 80 %, un diamètre de boulet de 30 mm et un angle de coupe de 45 ° de la cornière élévatrice. Ces résultats peuvent se révéler utiles pour les essais concrets de broyage à boulets impliquant un échantillon de minerai.INTRODUCTIONComminution is a very energy intensive process. It consumes approximately 5% of the electricity produced worldwide and more than 50% of the total energy used in mineral processing plants (Pokrajcic, 2010). Among all the comminution stages, ball milling is one of the most energy intensive processes. In ball mills, rotational movement provides the rise of the load and the media that are projected and impact on the mill shell at lower angular displacement, resulting in particle breakage. Ball mills are able to reduce particle size over a relatively wide range of particle sizes. This explains their wide applicability in research laboratories and the mineral processing industry."

Jan 1, 2017

By John Vergunst

"This paper traces the development of Ontario 's cap lamp standard. Over the years, numerous Coroner's Juries investigating fatal mine accidents have made recommendations with respect to underground lighting. As well, recommendations to improve mine lighting have been made by two Commissions, investigating mine safety in Ontario.During the past few years, the performance of any cap lamp worn by miners involved in serious accidents, have been measured by the Mining Heal/h and Safety Branch. Large variations in light output were found between and among cap lamp types. These variations have been attributed to the lack of quality control on the bulbs, design of the cap lamp head piece and in some cases, poor maintenance.In 1986, a series of underground tests were conducted to establish the minimum light output from cap lamps required to visually identify loose ground. The results of these tests indicated that a cap lamp should produce a minimum peak illuminance of 1500 lux measured at 1.2 metres from the light source. On May 30, 1987, Ontario became the first province in Canada to legislate the minimum amount of light required to visually assess ground conditions. INTRODUCTIONPoor lighting has been identified as a factor which can contribute to mining accidents. Over the past decade, several Coroner's Juries as a result of inquests into mining fatalities, have recommended improved lighting in mines.The Joint Federal-Provincial Inquiry Commission into Safety of Mines and Mining Plants in Ontario, was appointed to report upon the adequacy of existing arrangements and practice s that may affect safety. This Commission completed their report in April 1981, and recommended that inadequate lighting be investigated as a possible cause of all reportable underground accidents, and that a comprehensive research programinto mine lighting be undertaken.In response to the first recommendation, the Mining Health and Safety Branch of the Ministry of Labour, hereafter referred to as the Branch, initiated a program to measure lighting levels in all fatal accident investigations where inadequate lighting was a possible factor."

Jan 1, 1989

By M. Mirnezami, J. A. Finch, M. S. Hashemi A.

This study examined the effects of pH and sulphate concentration on the surface charge and stability of alumina and pyrite dispersions. The relationship between these properties was investigated using measurements of electrophoretic mobility and settling velocity. The maximum aggregation for both minerals was observed near the iso-electric point (iep) where the force of repulsion is at a minimum. Aggregation decreased at pH values away from the iep, where an increased surface charge causes electrostatic repulsion between particles. Zeta potential data revealed that sulphate ions were adsorbed only on positively charged surfaces for both minerals. Adsorption of sulphates on the alumina surface increased aggregation by reducing the surface charge from >+25 mV to close to zero. These results indicate an electrostatic bonding of sulphate ions to alumina surface. Preliminary results on the interaction of pyrite and sulphate ions indicate a similar response.

Jan 1, 2004

By M. P. Sinha, Rashmi, Tata Steel Ltd., S. Jaiswal, A. Bhatnagar, P. Garg

Reagents form a crucial part of flotation process as they have the power to control the surface properties of minerals. In case of coal flotation, collectors and frothers are two the important and commonly used reagents. But other types of reagents such as promoters, modifiers and depressants are also finding wide applications because of their availability to improve selectivity and increase recovery. Because of these chemicals the scenario has changed from flotation being used mostly for high rank hydrophobic coals to low rank, oxidised or inferior coals. In the present work a case is presented in which two non-ionic surfactants (abbreviated as A & B) known to act as emulsifier have been studied to get a better flotation performance for a preparation plant with varying feed characteristics. Laboratory flotation tests were conducted with both the surfactants using three feed samples of the plant by varying the dosage at three different levels. The highest combustible matter recovery (more than 80%) was obtained for surfactant B at a dosage of 75 ppm (parts per million) for feed 1. But at the same dosage the recovery decreased by 21% and 10.2 % respectively for feed 2 and 3. On the other hand surfactant A showed a consistent result for all the three feed samples giving the highest value at a dosage of 50 ppm followed by a decrease beyond this point. The tests were complemented by contact angle measurements that demonstrated the same trend. In addition to this the reproducibility of data for Surfactant A was checked and found that the standard deviations for both separation efficiency and combustible matter recovery were within the permissible range (less than 5%). Finally an in-plant process optimization study to evaluate the performance and applicability of surfactant A at industrial level was done and has been discussed.

Jan 1, 2016

By Lloyd Buckingham

Barrick Gold Corporation (Barrick) has undertaken innovative methods of evaluating and improving the performance of grinding mills in several of its operations around the world. The results have been positive with some of the mines showing more than 20% net energy improvement leading to more than 43,000 tonnes per year reduction in CO2 emissions in four of the operations reviewed.

Jan 1, 2012

By S. Y. Ezz, K. El•Guindi

A vertical tube, 8 m long and 2.5 cm in diameter, electrically heated to 650°C throughout the majority of its height, was used to study the-effect of ore feed rate and hydrogen flow rate on the reduction of fine iron ore particles. A correlation could be obtained between the combined effect of the amount of reducing gas and reduction time and the per-cent reduction. The results suggest that a method based on the reduction of fine iron ores while falling through up-streaming hydrogen cannot be recommended for industrial application.

Jan 1, 1969

By S. Kelebek, U. Demir, T. C. H. Richards, E. Koss

"Laboratory-scale tests were carried out to investigate the response of a high-grade (~143 g/tonne) well-liberated gold ore to flotation using two collector types. Octyl and amyl xanthates, representing conventional types of collectors, were tested against an n-octanoic and hexanoic acids under moderate and high redox potential conditions. The latter was based upon a suggestion in literature that monocarboxylic acids are able to adsorb onto the surface of gold at redox potentials near 600 mV (SCE). This investigation did not demonstrate that these carboxylic acids could function as collectors for gold in real ores. In fact, they appear to have slightly depressed gold. However, the results demonstrated that octyl and amyl xanthates acted as highly effective gold collectors for this ore and that an increase in the collector dosage led to an increase in recovery for all mean particle sizes. In some tests, gold recoveries of around 95% were attainable in concentrates with grades around 6 kg/tonne, indicating that xanthate flotation remains a viable means of concentrating gold even at coarse grain sizes. Various aspects of the process such as grade-recovery performance and recovery by size are discussed.INTRODUCTION Three methods are used for the recovery of gold in mineral processing, either alone or in combination: gravity concentration, cyanidation and flotation. Gold occurs as a by-product in some ores together with platinum group metals and as the primary metal in other ores in the form of native gold and electrum, which are alloys of gold, silver and minor amounts of copper. Flotation is a viable method for recovering liberated gold where the gold is visible under an optical microscope (greater than 1 µm in size) and where the attachment of gold grains is not prevented due to bubble loading by competing minerals. It is generally known that grains finer than 150 µm in size will float with most collectors."

Jan 1, 2017

By M. O. Makwarela, M. W. Erwee, K. Bisaka

"Energy efficiency in mining and minerals processing forms part of Mintek’s long-term research strategy which includes a specific programme designed at overcoming the challenges faced by the South African pyrometallurgy industry.The electric smelting industry is currently severely constrained by the global economic downturn as well as by the availability and increasing cost of electricity. Efficient utilisation of electricity through energy recovery systems and improved smelting process flowsheets can significantly contribute towards creating sustainable operations.Apart from efficient engineering design and solid process control, smelting of either cold or hot pre-reduced ores has been shown to decrease furnace electricity consumption by more than 40%. Various methods of solid-state reduction tests have been carried out at Mintek in order to select the most appropriate process option in the context of the South African industry. This paper summarises a subset of the results obtained, specifically on pre-reduction tests done on South African chromite and manganese ore pellets.In this set of tests, it was found that the use of an organic binder, together with B2O3 as flux, promotes manganese ore pre-reduction, but retards the pre-reduction of chromite. By pre-reducing the manganese ore feed, significant cost savings can be achieved in subsequent smelting processes and there is potential to minimise manganese losses as a result of fuming, due to possible lower operating temperatures."

Jan 1, 2016

By C. Larsen, I. Orford, L. Strah, M. Renaud, P. Radziszewski

"An AG/SAG mill was commissioned at the Brunswick mine concentrator in October 1998. This paper discusses the original shell top hat liner design for the bi-directional AG/SAG mill, observed liner wear, subsequent liner design modifications, and benefits.The original liners were chrome-moly steel Norsteel with rubber grates and rubber-lined pulp lifters. The design was based on experiences of other AG/SAG mills and recommendations by the liner supplier, Norcast. Liner design modifications were made in an iterative fashion after observing the wear rate profile of the liners; over ten liner sets were implemented. Shell liner design improvements were supported by a design of experiments approach in conjunction with discrete element method (DEM) charge motion simulations. Design optimization took into account lining costs and impacts on operating performance. The team approach to the liner design improvements process is described with emphasis on the application of the design of experiments. The liner wear history and mill operating performance are presented."

Jan 1, 2005

By M. Girard, E. Bourricaudy, M. Ashbury, M. Canizares, A. Mezei

Liquid-solid separation and slurry handleability relate directly to commercial plant ramp-up success or lack thereof. The paper provides a well-proven approach for testing, scale-up and commercial application of difficult processes. Emphasis is placed on practical applications of rheological concepts developed both academically and empirically. The cause-effect relationship between the process chemistry and possible physical implications on the metallurgical plant operability is presented in a simple, direct form. Examples include recent results in areas of mineral processing and extractive metallurgy. Technical process risk factors and their mitigation are included in the discussion.

Jan 1, 2011

By C. E. Rodgers

WHEN the writer was engaged early last year by Canadian Comstock and its subsidiary, the Metropolitan Electric Company, to act as Consulting Mining Engineer in connection with the layout and equipment of the new ore-dressing laboratories at Laval University, Quebec, the metallurgical laboratory section of the School of Mines building was completely erected, including plastered walls, partitions, etc., and finished concrete floors. At that time, however, no equipment had been ordered, except three Dominion ball-mills and two Bell screening machines. ADVANCED OR CONTINUOUS LABORATORIES The continuous laboratory section of the Department occupies the basement and three floors of the building, with an approximate floor area of 9,000 square feet. Because of limitations imposed by the design of the building (height and arrangement of rooms, strength and design of floors, etc.), modifications of layout from what otherwise seemed most desirable were, of necessity, made. These included: (a) Omission of automatic sampling of the dry ore. (b) Complete elimination of inclined belt-conveyors through floors. (c) Exclusion of bucket elevators for either dry or wet ore transfer. (d) As a substitute for grill-covered drains and floor sumps, drainage from sections or from individual pieces of equipment was piped to a disposal system in the basement. (e) Substitution in several instances of fabricated steel in place of the usual concrete foundations for machinery. (f) Reducing floor cutting and area of such opening to a minimum. Ore storage and chute capacity above the basement level was also minimized to reduce total weight.

Jan 1, 1941

"Far from being eclipsed by petroleum and natural gas, Canadian coal continues to command wide (and apparently growing) interest.Major R & D investigations are currently heavily oriented toward coal beneficiation (e.g., cleaning and utilization of fines) and toward a broad range of studies on metallurgical coals and cokes. However, active work is also being carried out in the areas of coal geology, mining, transportation and combustion; and, in some laboratories, increasing stress has been laid on developing a number of new, essentially non-fuel uses for coal and coal products.This review summarizes the work of Canadian coal research agencies during 1966 and indicates some of the more important advances made by them."

Jan 1, 1967

By F. Sorensen

ABSTRACT Electricity production by the Electricity Supply Commission of South Africa (Eskom) is the most important beneficiation process for South African coal. As one of the world’s lowest cost producers, energy-intensive industries such as ferroalloys and aluminium were introduced. However the poor were neglected. The white paper on energy policy (Department of Minerals and Energy, 1998) sought to redress this. Also, chasing economic growth to generate jobs resulted in high electricity demand and interruptions. Lifespan estimates of South African coal reserves based upon peak theory vary widely. Approaching peak, coal production in the future will be more expensive and, thus, contribute to more expensive electricity, which could inhibit industrial development unless South Africans work smarter.

Jan 1, 2011

By M. Nusheh, C. Bumby, A-H. Puichaud

"Vanadium-bearing titanomagnetite ironsand deposits occur along a 480 km stretch of the west coast of New Zealand. In the present study, the leaching behaviour of NZ ironsand was investigated in hydrochloric acid (2–10 M) solution at 50–80°C for 2 h. The resulting leaching liquors exhibited Fe/V ratios in the range 150–180. The distribution of trace element contaminants between solution and solid residue was investigated, and processing conditions have been determined for rapid and efficient dissolution of Fe, Ti and V into the leaching solution. In addition, mineralogical analysis of raw ironsand and leached residues was performed in order to study the leaching mechanism. Samples were characterized by scanning electron microscopy, energy dispersive X-ray spectroscopy (EDX), X-ray fluorescence spectroscopy, qualitative and quantitative X-ray diffraction and inductively coupled plasma mass spectrometry (ICP). Results indicate that the dominant dissolution process follows shrinking particle mechanism. However, ironsand particles containing ex-solution lamellae exhibited a different leaching behaviour compared to homogenous titanomagnetite particles.INTRODUCTION Titanomagnetite ironsand (blacksand) forms Quaternary onshore beach and dune deposits and offshore marine deposits (Figure 1) along 480 km of coastline from Kaipara Harbour south to Wanganui on the west coast of the North Island (Christie, 2016). It attracted the attention of scientists from the earliest times (Galbreath, 1998). The principal minerals in ironsand are titanomagnetite (TTM), ilmenite, quartz and ferromagnesian minerals such as augite, hornblende, diopside, and olivine with smaller amounts of rutile and apatite (Mauk, 2016).Several large ironsand deposits have been discovered and exploited since the late 1960’s. The Waikato North Head and Taharoa mines are currently operating and they have a 2015 measured resource of 400 million tonnes in total and provide over 2 million tonnes of concentrate per year by simple cost effective magnetic separation process (Christie, 2016; Christie & Brathwaite, 1997). The concentrate contains not only 7–8% TiO2 and 56–60% SFe, but also 0.3–0.6% V2O5, is both a valuable titanium mineral and a source of vanadium. All the production is used for steelmaking industries. The other potential for utilizing more of this resource without requirement of integration into an iron and steel producing plant is to develop a hydrometallurgical route with advantages of higher efficiency along with lower emissions. Currently, there is no existing commercial process capable of extracting all three of these elements as industrial-grade commodity products. Acid leaching of TTM concentrate with higher degrees of recovery and selectivity is a key step in any possible hydrometallurgical route."

Jan 1, 2017

By C. R. Ross

"THE ASSESSMENT of pneumoconiosis-producing dusts in mines and other industries is usually undertaken for one or more of three reasons: (1) To compare dust exposures at particular operations with standards of permissible dustiness in order that hazards may be evaluated and preventive procedures initiated where required.(2) To study particular operations with the objective of improving dust control devices or procedures by locating dust sources. (3) To obtain data which, along with the results of medical investigations, may assist in understanding the causes of dust-induced diseases or aid in the establishment of permissible standards of dustiness. Most dust measurements are made for the first of these reasons -to evaluate dust hazards so that they may be controlled. For this purpose, four quite different assessment techniques have been in widespread use for many years. One of these is based on the konimeter, an instrument familiar to most .Canadian mining men; a second on the impinger, which is also widely used in Canada, and almost exclusively so in the United States; a third on the thermal precipitator, used extensively in Britain and South Africa; and a fourth on the tyndallometer, a light-scattering instrument used in Germany."

Jan 1, 1960

By C. Gosselin, G. M. Payenzo, C. Bazin, M. Desnoyers, G. Chevalier

"ArcelorMittal Mines Canada operates hydraulic classifiers to reduce the silica content of an iron oxide concentrate from 4.5% to less than 1.2% SiO2. Sampling campaigns were conducted to develop a preliminary model for the hydraulic classifier. Results show that iron oxide and quartz are respectively concentrated in the coarse and fine size fractions of the classifier feed. The mineral partition curves in the classifier and the size distribution of the minerals in the feed are used to simulate the classifier operation in order to identify the source of variability observed in the daily plant production data. Results indicate that most of the variation is probably caused by unsteady operating conditions of the classifiers.INTRODUCTION Hydraulic classifiers are a class of gravity separation devices (Wills, 1992) used to classify particles according to their size and specific gravity. Hydraulic classifiers also known as density separators (Hearn, 2002) combine hindered settling and upward flow of water to selectively entrain light particles to an overflow stream. Denser particles settle to an underflow stream. Hydraulic classifiers are used for various purposes ranging from cleaning of coal (Das, Sarkar, & Mehrotra, 2009), recovery of chromite from plant tailings (Kumar, Tripathy, & Rao, 2009) to upgrading iron oxide concentrate (Hearn, 2002). ArcelorMittal Mines Canada operates several hydraulic classifiers to upgrade an iron oxide concentrate by removing fine quartz and other light minerals from hematite that is the main iron oxide mineral. A project was initiated to analyze the operation of the classifier in an attempt to identify the source of the variability in the production results and to assess the potential of increasing iron recovery in the classifier. One possible disturbance for the classifier operation is the change in the classifier feed composition and size distribution, while the other considered disturbance is the operation of the classifier. The paper is divided into five sections. The first section summarizes the ore processing sequence for the production of iron oxide pellets to identify the position of the hydraulic classifier in the process. The second section describes the hydraulic classifier. The third section discusses the sampling campaigns conducted on the hydraulic classifier. The method used to process the data from sampling, the results of the data processing and simulation of the classifier are discussed in the remaining sections."

Jan 1, 2012

By K. Muehlenbachs, J. U. Stemler

"Abstract - The Boston deposit is a recently discovered Archean lode-gold deposit located approximately 700 km northeast of Yellowknife, in the southern portion of the Hope Bay volcanic belt. Primary H2O-CO2-NaCl fluid inclusions associated with gold mineralization at Boston are of low salinity (4.6 ± 1.4 eq. wt.% NaCl, n = 182) and contain pure CO2. Homogenization temperatures of liquid-phase inclusions average 270° ± 33°C (n = 141), but some fluid inclusion assemblages contain coexisting liquid- and vapor-phase inclusions that homogenize near critical conditions, suggesting phase separation. In these groups, liquid-phase inclusions homogenized at 299° ± 25°C (n = 24), and vapor-phase inclusions homogenized at 338° ± 28°C (n = 18). These temperatures overlap within error, and a median temperature of ~320°C is taken as representative of trapping conditions within the veins. An approximate pressure of 2-3 kbar was estimated from fluid inclusion isochores at this temperature. Stable isotopic compositions of carbonate minerals from the mineralized zones range from -4.7‰ to -3.1‰ in d13C, and from 11.2‰ to 12.8‰ in d18O; quartz ranges from d18O = 12.8‰ to 14.9‰; and pyrite ranges from d34S = 2.1‰ to 3.5‰. The d18OH2O, d13CCO2, and d34SH2S values of the fluid calculated from these minerals at 320°C are 6‰-9‰, -2.4‰ ± 0.6‰, and 1.5‰ ± 0.5‰, respectively, and are intermediate between metamorphic and magmatic compositions. A unique source for the fluids cannot, therefore, be constrained from these data. Petrographic and geochemical data for the Boston deposit are consistent with data from other Archean lode-gold deposits worldwide, implying that the Boston deposit formed in a similar environment and from similar types of fluids. These results suggest that the Hope Bay volcanic belt may represent a major new mesothermal gold belt in this part of Nunavut. Sommaire - Le gîte Boston a été récemment découvert à environ 700 km au nord-est de Yellowknife dans la partie sud de la ceinture volcanique de Hope Bay, il s’agit d’un gîte d’or filonien d’âge Archéen. Les inclusions fluides primaires de H2O-CO2-NaCl associées à la minéralisation aurifère du gîte Boston présentent une faible salinité (4.6 ± 1.4 eq. pds.% NaCl, n = 182) et contiennent du CO2 pur. La température d’homogénéisation des inclusions à phase liquide est en moyenne de 270° ± 33°C (n = 141), mais certains assemblages d’inclusions contiennent des phases liquides et gazeuses coexistantes qui s’homogénéisent dans des conditions quasi critiques, suggérant qu’elles résultent d’une séparation de phase. Dans ces groupes, les inclusions de phase liquide s’homogénéisent à 299° ± 25°C (n = 24) et les inclusions de phase gazeuse s’homogénéisent à 338° ± 28°C (n = 18). Ces températures se recoupent à l’intérieur des limites de l'erreur de mesure, et nous considérons qu’une température médiane de ~320°C est représentative des conditions de piégeage dans ces veines. Les isochores permettent d’estimer une pression d’environ 2-3 kbar à cette température. La composition des isotopes stables des carbonates dans les zones minéralisées s’étend de -4.7‰ to -3.1‰ pour d13C et pour de 11.2‰ à 12.8‰ pour d18O; les valeurs de d18O pour le quartz varient de 12.8‰ à 14.9; et les valeurs de d34S dans la pyrite vont de 2.1‰ à 3.5‰. Les valeurs de d18OH2O, d13CCO2, et d34SH2S du fluide calculé à partir de ces minéraux à une température de 320°C est de 6-9‰, -2.4‰ ± 0.6‰, et 1.5‰ ± 0.5‰ respectivement, reflétant des conditions intermédiaires entre des compositions métamorphiques et magmatiques. Il n’est donc pas possible d’identifier une source unique pour ces fluides à partir de ces données. Les données pétrographiques et géochimiques du gîte Boston sont similaires à celles d’autres gîtes d’or filoniens ailleurs dans le monde, ce qui implique que le gîte Boston s’est formé dans un environnement similaire à partir des mêmes types de fluides. Ces résultats suggèrent que la ceinture volcanique de Hope"

Jan 1, 2006

By L. Kilburn

"A survey of 281 mineral exploration agreements examines the ratios among three ways that may be used to purchase an interest in a mineral property, viz: pay cash, pay shares and make future expenditures on the property.The dollar value of the future expenditures exceeds that of cash or shares by about nine times in most of the 110 agreements that contain cash-expenditure or share-expenditure components. Results suggest that cash and shares are treated about the same in terms of value.Buyers and sellers have opposing priorities for the way that they prefer to purchase a mineral property. These opposing priorities should give rise to a perceived 50:50 balance between cash/share payment and future expenditures to satisfy the idealized situation described by most definitions of fair market value (FMV). This balance between cash/share payments and future expenditures appears to be rationalized in negotiations to a FMV when expenditures are nine times greater than cash and/or payments.On this basis, it is proposed that the FMV of a property may be determined by aggregating the dollar amount of the cash/share payments plus one-ninth the dollar value of future expenditures, as set forth in the respective purchase agreement, and proportionately applying such aggregate to full property value."

Jan 1, 2005