Search Documents

By T. Gammatikopoulos, C. Gibson, M. Aghamirian

Lithium is an alkali metal found in brine deposits in the United States, Chile and Argentina, as well as in hard rock deposits in Australia and North America. In hard rock deposits, spodumene (LiAl(Si2O6)) is the major economic lithium bearing mineral. Spodumene is typically upgraded through a combination of dense media separation, flotation and magnetic separation. One of the major spodumene concentrate quality specifications is the iron oxide content because it will help determine if the concentrate is considered ceramic grade for use in ceramics and glass or chemical grade for use in lithium ion batteries. The rejection of iron bearing silicate minerals from artificial ore composites (high amphibole and low amphibole, high quartz/feldspar) from a hard-rock spodumene deposit was investigated using magnetic separation and flotation. The efficacy of Wet High Intensity Magnetic Separation (WHIMS) in iron rejection was found to be dependent on the mineralogy of the iron-bearing silicate minerals including modal distribution, liberation and association. When magnetic separation was conducted prior to flotation, the Fe2O3 grade in the final flotation spodumene concentrate was reduced from ~3% to ~1% Fe2O3 , and improved lithium recovery in flotation was observed. It was determined that it was most effective to conduct WHIMS on the flotation feed after scrubbing and de-sliming because this reduced the required magnetic field to recover iron-bearing minerals, likely because slime coating was greatly reduced. Flotation collector screening of four different collectors with varying rosin acid content demonstrated a potential increase in selective flotation of spodumene over some iron silicate minerals with decreasing rosin acid content in the fatty acid collector. However, due to marginal difference in flotation results with the various collectors tested, further testing is required to confirm the observations made and establish a hypothesis regarding the effect of rosin acid content.

Jan 1, 2017

By J. Postle, Deborah McCombe

"This is the third in a series of articles about the Committee for Mineral Reserves International Reporting Standards (CRIRSCO). The first article was an interview with Niall Weatherstone, Chairman of CRIRSCO (CIM Magazine, February 2008) the second described the background and goals of CRIRSCO (CIM Magazine, March/April 2008). In 2007, CRIRSCO was adopted as the Reserves and Resources Task Force of the International Council on Mining and Metals. This decision by ICMM has resulted in an increased level of funding for CRIRSCO and the ability to advance its objectives. In mid-October 2007, CRIRSCO members met in London England to discuss the status of each of the member countries’ reporting codes and the progress of various CRIRSCO projects. Update on national reporting codes Australia: The last update of the Australian JORC Code was in 2004. While there are ongoing discussions about issues that arise from the application of the latest version of the Code, there are no plans to update JORC in the near future. Canada: The Canadian Securities Administrators revised National Instrument 43-101 in December 2005. At the same time, the Canadian Institute of Mining, Metallurgy and Petroleum published updated Resource and Reserve Definitions that are incorporated by reference in NI 43-101. CIM is continuing work on developing Best Practice Guidelines to assist practitioners in the estimation of Mineral Resources and Reserves. South Africa: The South African Mineral Reserve Committee is currently awaiting an update of the Johannesburg Stock Exchange Limited Listing Rules, which will incorporate both SAMREC and SAMVAL (South African valuation guidelines). The official launch of both codes is expected in 2008. Europe: The Pan-European Reserves Reporting Committee expects to release a consultation draft in 2008. Emphasis is being placed on industrial minerals and aggregates, which constitute a very large industry in Europe. Chile: The Chilean Certification Code was approved in early 2008. As part of the Code, a National Commission is being established to screen and review reports on a random or specific basis. United States: The Society of Mining Engineers updated the SME Reporting Guidelines in 2007. The Securities and Exchange Commission has not accepted these more up-to-date definitions and guidelines. The SME committee will continue to discuss the incorporation of these Reporting Guidelines with SEC. SME has also established a class of membership, a Registered Member, which includes disciplinary measures for non-compliance with the SME guidelines."

Jan 1, 2003

By Tim Hughes, Steve Gannon, Jennifer Abols

"In the past year, two very innovative gold ore processing plants have been designed, built and commissioned by Gekko Systems Pty Ltd. The first plant in Vietnam utilizes conventional crushing and ball milling followed by gravity concentration (Inline Pressure Jig (IPJ) and Falcon concentrator), flotation, intensive leaching (GFIL), the first industrial scale use of AuRIX®1001 ion exchange resin and a cyanide destruction circuit. The second plant, in Australia, uses a 3 stage crushing circuit to crush the gold ore to minus 1mm, followed by gravity concentration utilising a rougher, scavenger, cleaner circuit of IPJ’s and a Falcon concentrator. A direct smeltable gold concentrate is produced as well as a lower grade concentrate for future intensive leaching or sale. Both plants were designed and built within very tight time frames and budgetary constraints. The experience gained during the plants’ design, commissioning and operation are discussed.INTRODUCTIONGekko Systems (Gekko) is a leader in the development of innovative technology for gravity recovery and intensive cyanidation. It provides low cost and metallurgically optimal solutions for its customers. It has also led the trend away from whole ore cyanidation (CIP/CIL) towards gravity/intensive cyanidation (GIL) and gravity/flotation/intensive cyanidation (GFIL) plants. These types of plants offer low capital costs, low environmental impact and maximum return to investors (Rob J Longley et al, 2002). Key to this type of flowsheet is the application of a continuous concentrate unit, such as the InLine Pressure Jig (IPJ), which is designed to produce high gold gravity recoveries at a coarse grind (Sandy Gray, 2003). When combined with other gravity devices, and/or flotation, and intensive cyanidation, using the Gekko InLine Leach Reactor (ILR), very high overall recoveries can be achieved.In 2004, Gekko launched a new range of products called Gekko Modular Systems. The idea was to provide off the shelf, complete solutions for the separation and recovery of complex and free gold as well as the pre-concentration of diamonds. A series of modules were designed that incorporated Gekko manufactured as well as outsourced equipment. Gekko now offers modules ranging from feeding and conveying to crushing, gravity recovery, flotation, intensive cyanidation, refining and detox (see Figure 1)."

Jan 1, 2007

By G. Styles, K. Lye, R. Tenbergen, M. Mayhew

Requirements to produce a higher bulk concentrate grade have necessitated extensive use of on-stream analyser data and computer programming to obtain the targets set for Frood Stobie Mill as required by overall milling considerations.A brief history of milling process changes associated with the changes from a low grade (3% Ni) bulk concentrate in the sixties to a high (6 to 8.5%). Nil bulk concentrate currently will be presented.The heart of the presentation will be the computer control schemes for ""self optimisation"" of the distinct flotation sections in the plant within certain restraints to achieve targets set by the mill metallurgist.

Jan 1, 1985

By C. Guo

The Mildred Lake Settling Basin (MLSB) is the largest disposal site for mature fine tailings (MFT) at the Syncrude Canada Ltd oil sands plant. Over the past years (since 1997), there has been a marked change in the consolidation behaviour of MFT in the MLSB, which is attributed to microbial activity. Methane-producing microorganisms, known as methanogens, have become very active, and large amounts of biogas (mainly methane) have been produced. In certain regions within the MLSB, gas bubbles are released to the water surface of the tailings pond. Continued field monitoring of the MLSB has provided convincing evidence of the rapid densification process (rapid water drainage from the tailings). This phenomenon contradicts the consolidation models for MFT developed over the past 20 years. The above phenomenon has also been reported at the oil sands tailings ponds operated by Suncor Energy Ltd. in Fort McMurray. This rapid densification has caused pumping challenges in the transfer of fine tailings from the Mildred Lake Settling Basin for the creation of composite tailings. The rapid densification of the MFT may also have potential positive effects in accelerating the reclamation of the oil sands fine tailings. A field and laboratory research program is underway to study the mechanism leading to the rapid densification phenomenon. Systematic field investigations were performed to determine the distribution and characteristics of the rapidly densified MFT. Gas bubble distribution on the water surface was mapped to determine the zones of different biological activities in the pond. These field investigations provided solid ground for further experimental and theoretical research. A number of small-scale column tests were carried out to observe the gas evolution and to measure the changes of some geotechnical parameters under different microbial activity. Also, a series of gassy MFT densification tests are being conducted to study the mechanism of the rapid densification of the MFT under microbiological activity. A review and discussion of the research program is given and some preliminary research results are presented in the paper.

Apr 1, 2005

By Jarek Jakubec

The new euphoria in diamond exploration brings with it a need to understand the challenges that new projects can face in different stages of the development and risks that the commercial outcomes from the new projects fall short of expectations. In many cases, the problems are related to a poor understanding of the technical risks and a failure to adequately address them during the course of investigation. Failure to evaluate all disciplines to the same level of certainty could lead to a situation where the important issues are only identified late in the project development, resulting in costly delays and financial difficulties. The diamond projects located in Canadian Arctic, with its challenging environmental, geographical, social, political and geological contexts are especially sensitive to the high variability of the outcome. This presentation highlights some of the technical aspects that could be the leading sources of risk in diamond projects and could ultimately result in inappropriate mine designs, reducing the economic outcome.

May 1, 2006

By D. Komljenovic

This paper presents the use of queuing theory in truck fleet sizing in open pit mining operations. In the first part, a methodology is developed by which an optimal ratio between the size of shovels and trucks may be determined. The second part gives the fundamentals of the queuing theory and its application in analyzing shovel and trucks. The stochastic character of involved times (loading, truck cycle, etc.) is taken into consideration. Using the above theory, the optimal truck fleet size in actual conditions may be estimated. Minimal operating cost of the working system (shovels-trucks) represents the basic requirement of the analyzed process. The methodology was validated on Caterpillar front-shovel ? truck combinations.

Sep 1, 2004

By Jean-Sébastien Kroll-Rabotin, Éric Climent, Florent Bourgeois

"Falcon concentrators are enhanced gravity separators designed for concentrating fine and ultrafine slurries. The Falcon UF model is unique in that it is dedicated to beneficiation of ultrafines, one key feature being that it does not make use of any fluidisation water. In a former study, we investigated the physical mechanisms that govern the transport of ultrafine particles (in the range 10 to 80 µm) inside Falcon UF concentrators, and concluded that separation efficiency is governed by differential settling. Initially, we derived and published a predictive model of the partition function under dilute conditions. The present paper proposes an extension of the initial model to concentrated ultrafine suspensions for application to industrial scenarios. The paper discusses how hindered settling has been added into the initial model to account for solid concentration effects. The modified model is tested against experiments carried out with a laboratory scale UF Falcon concentrator from dilute conditions up to 30 vol%. A good agreement between measurements and model predictions is obtained, which confirms that our hypotheses about the physics of separation inside a UF Falcon separator remain valid even at high concentrations.INTRODUCTIONThe Falcon concentrator is a fast spinning bowl that is fed at its centre of rotation. It uses centrifugal force to separate particles that are transported inside a thin liquid film that flows upward along the inclined wall of the bowl (McAlister and Armstrong, 1998). Due to differential settling, dense and coarse particles are concentrated inside the bowl whereas light and fine particles are rejected with the overflow stream. The fast rotation speed of the bowl yields high centrifugal force several hundred times the attraction of Earth. Despite the thinness of the liquid film (between 100 µm and 1 mm with a Falcon L40) where separation takes place, the Falcon concentrator can treat high flowrates (up to 30 L/min). At the bottom of the bowl, an impeller transmits the bowl rotation to the feed, which drains upward by centrifugal force as soon as it hits the base of the spinning bowl (Figure 1)."

Jan 1, 2011

By Desmond Y. M. Lee

This paper presents a procedure to prepare input for the computerized pit design system at Iron Ore Company of Canada. The procedure is simple and requires very little training. Also, it is general enough to accept both bench (horizontal cross section) maps and section (vertical cross section) maps. The output of this procedure is data which represent blocks of ore and waste with dollar values based on mineral content. The ultimate pit design is presented in printer-generated graphs, with numbers indicating the depths of pit bottom walls. Roads are added manually by the engineer with the aid of other computer programs. Section maps and bench maps are also printed as part of the output of the ultimate pit design.

Jan 1, 1978

By J. V. Thirgood

"Reclamation legislation was introduced in British Columbia in 1969 amidst public concern and controversy. This paper reviews this legislation as it relates to coal mining, and how it is being implemented.Although the principles of land reclamation are reason-ably well understood, reclamation of industrial wasteland has never previously been attempted under such rugged conditions as occur in the Canadian Rockies and a new methodology is being developed.The resolution of the technical and organizational problems involved are discussed and the techniques and experiences described."

Jan 1, 1971

By Luis Magallanes-Hernández

"Industrias Peñoles, S.A. de C.V. (Peñoles) in Mexico, is a major silver producer. The Peñoles Mining Division has eight Mining Operations and in seven of them, flotation is used to concentrate the metal and mineral values. Common metals and minerals values are: metallic gold and silver, gold-silver alloys, silver sulphide minerals (acantite, pyrargirite, argentite, proustite); lead sulphide mineral, galena; zinc sulphide mineral, sphalerite; and copper sulphide minerals (chalcopyrite and bornite).In the last years, a special emphasis has been given to using modal analysis to identify ore mineralogical limitations, in order to direct efforts into key areas where opportunities exist to improve the metallurgical results.This work aims to share Peñoles mineralogical and metallurgical results, through presenting, discussing and drawing conclusions on these results; as well as pointing out areas where more work is needed to improve the Concentrator´ performance.PEÑOLES BACKGROUNDPeñoles´s mission is to add value to non-renewable natural resources on a sustainable manner. It was established in 1887, and it is a mining group with integrated operations in smelting and refining non-ferrous metals, and producing chemicals. Peñoles is the world’s top producer of refined silver, metallic bismuth, and sodium sulphate, the leading Latin American producer of refined gold, lead, and zinc.Peñoles Mining Division is integrated into eight mining business, located on five different states in Mexico. Metal productions for the Mining Division during 2003 were: 343 thousand gold ounces, 48.4 million silver ounces, 81.3 thousand tons of lead, 235.1 thousand tons of zinc, and 10.6 thousand tons of copper."

Jan 1, 2005

By Donald Leroux, Dave Scott, Giovanni Di Prisco

"The Lady Loretta lead-zinc deposit in Northwest Queensland, Australia contains an average of 5.9% lead, 17.1% zinc and 97 g/t silver. Ore mineralization is mostly comprised of fairly complex intergrowths of pyrite, sphalerite and galena. Starting in 1998, Noranda Inc., the major joint venture partner of the project, conducted extensive metallurgical test work, which culminated in July - August 2000 in a series of Pilot Plant tests. A common thread to all the metallurgical work has been the deportment of a large portion of silver into non-payable metallurgical products. Average silver distribution from four Pilot Plants shows a distribution of silver in lead concentrate of 28%, whereas silver in zinc concentrate was 49%, and 23% in the final tails.The consistently poor silver recovery as well as the fairly unusual silver distribution, particularly in zinc concentrate, was considered an issue to be thoroughly investigated. A mineralogical plan was devised to determine if these particular metallurgical results were somewhat related to the nature and mode of occurrence of silver carriers. Work was performed to determine discrete silver-bearing minerals and/or silver contained in solid solution in a suite of commonly occurring sulphides. Ore microscopy, SEM methods, Electron Microprobe and Ion Microprobe analyses were all used to answer these questions, and to find the silver carriers, so a metallurgical plan could be devised to improve silver recovery.INTRODUCTIONPotential economic exploitation of the Lady Loretta deposit in Queensland, Australia is driven by revenue derived from zinc and lead flotation concentrates and co-product silver recovery in lead. Relatively low recoveries of payable silver to lead concentrate, and high silver distribution to zinc concentrate necessitated an investigation into the natu"

Jan 1, 2002

By J. E. Gill

Introduction During the past summer, detailed geological mapping was extended to cover the entire group of 31 claims owned by Waite-Ackerman-Montgomery Mines, Ltd., and considerable new information was revealed by development and exploratory work underground. These new facts provide a more complete view of the lithology and structure of the area than has heretofore been available. They also necessitate revision of certain interpretations presented last year by Peale (l), and have served to straighten out some of the problems suggested by Porritt (2). The purpose of this paper is to outline in a broad way the relations as now understood and to discuss in detail certain points which should be of interest to members of the Institute. Maps and records by the mine staff have been freely used in arriving at the interpretation presented in the following pages. The writers are especially indebted to Mr. R. V. Porritt, the mine manager, with whom many of the problems touched upon were discussed on the ground and whose intimate knowledge of the geology of the underground workings aided greatly in testing various hypotheses. The writers have profited greatly, also, from close association with Dr. W. F. James during the course of the work. Permission to publish the included data has very kindly been given .by the management.

Jan 1, 1932

By M. W. Lewis, J. Werner

Fluctuating metal prices, declining head grade, and increased operational costs are forcing many open pit mining companies to look to their balance sheets for significant cost reductions in order to remain competitive. Maintenance continues to represent a significant proportion of the total operating costs in the mining industry. Compared with the other major cost components of the mining process, very little effort has gone into maintenance optimization. The potential payoff from maintenance optimization on the cash cost of the commodity is enormous. A large percentage of these costs are incurred in unscheduled maintenance events, which typically cause serious disruptions to the production process. These maintenance-induced production losses can be a significant contributor to the overall operating costs. A structured proactive maintenance approach using the latest advances in technology can achieve dramatic cost reductions and productivity improvements. Remote condition monitoring systems are becoming increasingly commonplace and have the potential to identify problems prior to failure. Detection of equipment degradation prior to failure will enable repairs to be scheduled thereby reducing costs and interruptions to production. Remote condition monitoring technology has evolved rapidly in recent years, with a host of new tools becoming available to assist mine operators in improving their maintenance operations. These tools have capabilities such as remote real-time vital signs and performance monitoring, alarm/event handling, trend analysis, and maintenance workflow management. When these monitoring tools are used in conjunction with a mine management system, the vital signs data can be integrated and associated with maintenance history, predictive maintenance data, operational information, and geographical information. This integrated approach to the management of vital maintenance data will help shift the mobile equipment maintenance paradigm from reactive to proactive. This paper will introduce a proactive approach to the management of the maintenance process and the tools required to facilitate this process.

Jan 1, 2005

By Stanley W. Holmes

"The discovery of extensive uranium mineralization on the Pronto property in April 1953 initiated a program of staking, exploration, and development unparalleled in Canadian mining history. Within twelve months of the discovery hole, sufficient ore had been blocked out to merit a 55-million-dollar contract with Eldorado Mining & Refining Co. On October 15, 1955, two years and four months after discovery, Pronto went into production with a mill rated at 1,000 to 1,500 tons per day. The property is on the southern edge of the Algoma uranium district, 10 miles east of the town of Blind River and close to the Canadian Pacific Railway and Highway 17. Docking facilities for Great Lakes steamers are avail-able at Spragge, 4 miles to the east.The data and conclusions presented in this paper are based on field studies, drill hole information, and underground development. The ideas of ore genesis are those of the writer, and will undoubtedly be modified as more detailed studies and research are carried out. Because of security regulations, information pertaining to grade and tonnage will not be discussed.GeologyThe general geology of the Algoma basin has been outlined in a pre-ceding paper (Joubin and James). The description below is concerned essentially with the rocks most closely associated with the Pronto deposit. They may be grouped in three structural and lithological units: (1) the pre-Huronian basement, (2) the Mississagi formation, the lowest member of the Huronian sediments lying unconformably on the basement, and (3) a series of basic intrusives cutting (I) and (2). Most of the uranium mineralization occurs in a quartz-pebble conglomerate forming the basal member of the Mississagi quartzite."

Jan 1, 1949

By John Wilson

"The unconformity beneath 75 per cent or over 6000 km2 of the Athabasca Basin in Alberta lies within economically exploitable depths. The basement beneath this unconformity consists of an extension of the Wylie Lake Pluton, locally faulted and containing areas of mylonitic rocks. While the rocks of the Wylie Lake Pluton are not promising host rocks for uranium ore deposits, the areas of mylonites, graphitic rocks and possible remnants of granitegneiss would bear closer examination. One area of maficmylonites shows a weathering zone enriched in Si, Ca, Na, Pb, Ni, Ba, Co, Sr, Zn and U in addition to reported values of 0.08 oz/ton gold. This zone occurs beneath 800 m to 900 m of Athabasca Group sediments, but similar rock types are present beneath much thinner cover elsewhere. Detailed geophysical exploration is required over the area of thinner Athabasca Group rocks to define more precisely the areas of promising basement rock type.IntroductionThe Athabasca Basin in Alberta has considerable economic potential which has not yet been realized. The geological setting is closely analogous to parts of the basin in Saskatchewan which host major uranium deposits. Recent advances in geophysical techniques have led to deposits being located in Saskatchewan below 600 m of cover. This means that the unconformity between the Athabasca Group and the basement lies at exploitable depths over 6000 km2 or 75 per cent of the Alberta portion of the basin. Much of this area was only cursorily examined almost a decade ago. In addition, Alberta's new Metallic Mineral Regulations have clarified the regulatory situation in the area, and opened up much land for exploration. This article is based on Wilson's (1985a) study of the Athabasca Group and Wilson's (1986) work on the basement and alteration beneath the Athabasca Group in Alberta."

Jan 1, 1987

By D. Komljenovic, J. Paraszczak

"This paper presents the use of queuing theory in truck fleet sizing in open pit mining operations. In the first part, a methodology is developed by which an optimal ratio between the size of shovels and trucks may be determined. The second part gives the fundamentals of the queuing theory and its application in analyzing shovel and trucks. The stochastic character of involved times (loading, truck cycle, etc.) is taken into consideration. Using the above theory, the optimal truck fleet size in actual conditions may be estimated. Minimal operating cost of the working system (shovelstrucks) represents the basic requirement of the analyzed process. The methodology was validated on Caterpillar front-shovel – truck combinations. IntroductionLes camions représentent probablement les équipements les plus utilisés pour le transport dans les mines. Le coût de transport peut parfois atteindre 50 % du coût d’exploitation et 25 % du coût total (Collins, 1996; Kennedy, 1990). Il est critique pour une opération minière de le minimiser. C’est un sujet qui a été traité relativement souvent dans la littérature spécialisée. Les premières applications informatiques dans l’industrie minière ont été développées pour la détermination du temps de cycle des camions.Au fil des ans, la capacité des camions a augmenté et, aujourd’hui, les plus gros manufacturiers de camions (Caterpillar, Orenstein & Koppel, Euclid, Terex, Unit Rig, Komatsu, Liebherr, Belaz) fabriquent des camions ayant une capacité de 200 t et plus dont quelques-uns d’une capacité supérieure à 320 t. Pour les plus gros camions, le coût d’opération peut même dépasser 240 $US/heure dans des conditions modérées (Caterpillar, 1999). Les mines modernes de grande taille peuvent posséder plusieurs dizaines de camions dans leur flotte."

Jan 1, 2004

By D. L. Griffith

THE realization by metallurgists of the important effect that traces of impurity may have upon the properties of a metal, and their steady demand for purer and still purer metals, have made the special cools for 'trace' analysis of increasing value. In the United States at least, spectrographic analysis is becoming the standard method for determining the impurities in zinc die-casting alloys. The Hudson Bay Mining and Smelting Company, as a producer of virtually pure zinc, uses the spectrograph to control the purity of its products, and-as the electrolytic method is employed here-to control both the impurities in the electrolyte and those 'trace' elements, which, while they do not contaminate the zinc, have a great effect on the plating efficiency. The general plan of the laboratory is shown in Figure l; the housing for air purification, which is on the roof, is indicated by broken lines. One of the chief factors affecting the layout was the easy way in which a spectrographic assay can be spoiled by contamination. To minimize the quantity of dust tracked in, the laboratory was made separate from the general research laboratories, and an office was placed between the two. This arrangement has its drawback because of the traffic through the office, but it has effectively cut down dust. For similar reasons, the available space was subdivided into a number of small rooms, and the air currents in the laboratory were so arranged that dust would be carried where it would do least harm. Air is drawn in at the roof over a 50-kilowatt bank of Calrod heaters, through Annis air filters, by a No. 4 Sirocco fan. Most of it is forced into the spectrograph room, but some goes to the office and darkroom. The air flow is from the spectrograph room, through the plate-measuring room, into the chemical laboratory, where it is exhausted by a No. 1% Sirocco fan on the fume hood. Air can also re-circulate from the plate-measuring room back to the heater. The arrangement is such that the air in the laboratory is maintained at higher pressure than the outside air; consequently, no dirt enters through cracks about the windows and doors. A thermo-regulator holds the temperature constant within one or two degrees; only on the hottest days in summer does the temperature rise enough to affect the focus of the instrument.

Jan 1, 1940

By R. A. Brown

RIGHT NOW the Canadian oil business is suffering from growing pains brought on by developments outside our borders. I would like, therefore, to place our industry in perspective for you in two ways. I would like first to describe it briefly and let you see it in relation to the world oil industry. Then I would like to bring it back and place it into perspective against a strictly Canadian background. Naturally, in such a discussion, it is necessary to use a certain amount of statistical material. I'll endeavour, however, to keep it to a minimum. Eleven years ago, before the discovery of Leduc, Alberta could boast of having 21,000,000 barrels of crude oil reserves. Five years ago we had 1,810,000,000 barrels. At year end, 1957, our remaining recoverable reserves totalled more than 3,000,000,000 barrels. In 1957, our potential production in Alberta reached an all-time high of 756,000 barrels a day. Unfortunately, our actual average daily production dropped from 393,000 barrels per day in 1956 to 376,000 barrels per day in 1957. And in 1958, to date, it has dropped sharply to around 300,000 barrels per day.

Jan 1, 1958

By Ed Beswick

Resource Update Drilling Program ? Pre-feasibility ? Exploration Metallurgy Program ? Grindability ? Metallurgical Optimization ? Hydrometallurgical Options Preliminary Mine Development Design Environmental Permitting Infrastructure Development

May 1, 2008