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By Martin Murenbeeld

Outlook: Nine Bullish Arguments 1. Global fiscal and monetary reflation: PIIGS, US, etc. 2. Global imbalances: the dollar must decline 3. Global FX reserves are ?excessive?: diversification 4. Central bank attitudes to gold: now positive 5. Gold is not in a bubble: room to rise 6. Mine supply is flat: ?peak? gold? 7. Investment demand: long-run uptrend 8. Commodity price cycle: many years to run 9. Geopolitical environment: positive

May 1, 2010

By B. Friedrich, N. Anastasijevic, S. Stopic

The extraction of nickel from Serbian and Western Australian lateritic ore by sulphuric pressure acid leaching (PAL) has been studied. The following parameters were tested: stirring rate, acid to ore ratio, reaction time, pressure and temperature. These studies were performed with ore samples from the Rudjinci, Serbia and Silcrete, Australia, both belonging to the laterite-silicate group of deposits. An increase of the reaction temperature and the stirring speed at a fixed acid/ore ratio showed a positive influence on nickel extraction. The decrease of the oxidation potential with time correlated with the increase in Fe(II) in solution and nickel extraction as the reaction went to completion for both ores. The target values of 95 % Ni extraction and 60 % Co extraction were attained in 5 min at 250°C for the Serbian silicate ore, at an agitation rate of 1500 rpm, 10 % solids, and acid/ore ratio of 0.40. Under similar conditions only 60 % Ni, but 69 % Co could be extracted from the Australian Silcrcte ore due to different mineralogy. The nickel extraction was shown follow a diffusion-controlled reaction model.

Jan 1, 2004

By D. S. Salonine

Aluminum alloys are widely used in modern industry. Tubes and hollow shapes give great opportunities for structural purposes as well as fluid transport due to their stiffness and lightness, Extrusions on a mandrel or through a bridge die, that requires splitting of the billet with re-welding, produce hollow shapes with varied contours, fins and multiple cavities. Moving and stationary mandrels, mandrel lubrication, tooling for ribbed-tube heat exchangers, and for drilling pipes are considered. Bridge dies can be classified by the bridge position relative to the die face, by mandrel support structure, and by assembly type, The main parameters influencing the quality of the die-welded seams are considered, The difficulties of extruding various alloys through bridge dies are discussed in terms of metallurgical factors, Some approaches to the calculation of the stresses in a bridge are presented.

Jan 1, 2005

By Chris Larsen, Carole Fortin, Dave Scott, Curtis Deredin, Ian Orford, Jean Guy Gauthier, Andy Trusiak, Lyne Côté, Mike Cooper

"Upon successful commissioning of the Stage Grinding Project (Cormier et. al., 2002), process improvements predicted through pilot plant testing were obtained in several flotation circuits, resulting in higher grades and recoveries for zinc and lead concentrates. Subsequent to establishing new baseline operating conditions from the Stage Grind Project implementation, additional opportunities were identified, and through the application of Six Sigma methodologies further gains were made. Six Sigma improvement projects were carried out in the copper-lead, zinc, lead upgrading and bulk flotation circuits. The overall performance increase resulting from incremental improvement projects has been substantial.Most remarkably, given the operational maturity up to the late 1980’s, the Brunswick concentrator team has continued to deliver a steady stream of major improvements over the past fifteen years. While senior managers and their programs have changed several times, there have been some critical constants over the long run. Common elements have been a commitment to team work, a commitment to recruit and maintain technical personnel, a structured business improvement framework supported organizationally by senior management, and focus on a few priority initiatives rather than trying to fix everything at once.The paper briefly discusses the longer term setting and then endeavors to illustrate, with examples, how improvements are presently achieved by applying the Six Sigma quality program.INTRODUCTIONThe Noranda Inc. Brunswick Mine, located near Bathurst, New Brunswick, is one of the world’s larger lead/zinc mines. Milling of ore began in 1964 from the No. 12 orebody, with an expansion in 1966 to accommodate ore from the No. 6 mine. In excess of 100 million tonnes have been milled to date. The concentrator employs differential flotation to produce lead, zinc, copper, and lead/zinc bulk concentrates. The ore is massive sulphide, with approximately 20% valuable minerals, 60% pyrite and 20% silicates."

Jan 1, 2005

Brunswick Mine employs an ore and waste pass system for material transfer. This paper reviews the evolution and performance ore pass systems at the mine. It presents the range of selected configurations, inclination, dimensions etc. Select case studies are used to address the influence of structure, stress and materials handling on the longevity of the employed ore passes.

Feb 1, 2008

By W. P. Campbell

Foreword At the outset, it should be stated that this paper does not pretend to present a panacea for the ills that 'frozen' wells are heir to, but rather is an attempt to bring to the attention of those whose special concern it is, a little theory and some facts, which have been brought to light recently, in connection with the problem of 'freezing' as it applies to naphtha-producing wells in the Turner Valley field, and to draw some conclusions that follow from the facts discovered. It should also be stated that the investigation is not to be regarded as in any sense complete, but in progress. Doubtless new facts will be brought to light from time to time which may modify present ideas on the subject, but whether favourable or contrary, these will be welcomed, as the purpose of the Department is to secure as complete information as possible of the factors contributing to 'freezing', since this must be the first step to an intelligent attempt to remedy or prevent its occurrence, if such can be done. It is possible, too, that the cause or causes of freezing may not be the same in all cases, but whether this be so or not will have to be determined later as new information comes to hand. Introduction One of the worries which must constantly confront the operators of gas-naphtha producing wells in Turner Valley-although all, fortunately, have not met with it-is the possibility of the occurrence of what is commonly called 'freezing' (going off production).

Jan 1, 1930

The information in this document has been prepared as at February 16, 2011. Certain statements contained in this document constitute ?forward-looking statements? within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward looking information under the provisions of Canadian provincial securities laws. When used in this document, the words ?anticipate?, ?expect?, ?estimate?, ?forecast?, ?will?, ?planned?, and similar expressions are intended to identify forward-looking statements or information. Such statements include without limitation: statements regarding timing and amounts of capital expenditures and other assumptions; estimates of future reserves, resources, mineral production, optimization efforts and sales; estimates of mine life; estimates of future internal rates of return, mining costs, cash costs, minesite costs and other expenses; estimates of future capital expenditures and other cash needs, and expectations as to the funding thereof; statements and information as to the projected development of certain ore deposits, including estimates of exploration, development and production and other capital costs, and estimates of the timing of such exploration, development and production or decisions with respect to such exploration, development and production; estimates of reserves and resources, and statements and information regarding anticipated future exploration; the anticipated timing of events with respect to the Company's minesites and statements and information regarding the sufficiency of the Company's cash resources. Such statements and information reflect the Company's views as at the date of this document and are subject to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such statements and information. Many factors, known and unknown could cause the actual results to be materially different from those expressed or implied by such forward looking statements and information. Such risks include, but are not limited to: the volatility of prices of gold and other metals; uncertainty of mineral reserves, mineral resources, mineral grades and mineral recovery estimates; uncertainty of future production, capital expenditures, and other costs; currency fluctuations; financing of additional capital requirements; cost of exploration and development programs; mining risks; community protests; risks associated with foreign operations; governmental and environmental regulation; the volatility of the Company's stock price; and risks associated with the Company's byproduct metal derivative strategies. For a more detailed discussion of such risks and other factors that may affect the Company?s ability to achieve the expectations set forth in the forwardlooking statements contained in this document, see the Company's Annual Report on Form 20-F for the year ended December 31, 2009, as well as the Company's other filings with the Canadian Securities Administrators and the U.S. Securities and Exchange Commission. The Company does not intend, and does not assume any obligation, to update these forward-looking statements and information. Marc Legault, a Qualified Person and the Company?s Vice-President, Project Development, reviewed the technical information disclosed herein. For a detailed breakdown of the Company?s reserve and resource position see the February 16, 2011 press release on the Company?s website. That press release also lists the Qualified Persons for each project.

May 1, 2011

By Marc C. Bétournay

Over the last four years, an international initiative, championed by Vehicle Projects LLC, the Fuelcell Propulsion Institute and Natural Resources Canada, has been active in carrying out research projects to prove out the concept of applying fuelcell technology to underground mining vehicles. These have been carried out by a consortium consisting of mining companies, equipment manufacturers, technology developers, national laboratories and consultants, with the participation of Canadian and U.S. mine regulatory agencies. This clean technology, which produces only water and electricity, would allow several advantages to be obtained, in the health area (by eliminating diesel emissions and reducing noise generation), in lowering production costs (such as reducing ventilation required) and lowering green house gas emissions. This article outlines the results obtained in several key areas, such as the operation of fuelcells in underground conditions, risk issues related to underground and surface operation of hydrogen vehicles and hydrogen production and delivery systems, and the design and mining performance of the world?s first hydrogen mining vehicle, a mine production locomotive. The work to date on the fuelcell loader, designing the power plant and power transmission systems, operational requirements, and operating cost reductions, is also presented. There is also an evaluation of the overall mining applications and advantages this technology can bring to underground mining, including the facilitation of automation and tele-remote operation.

May 1, 2003

By M. Schmidt, P. Nord, M. Larinkari

Cathode stripping machine technology has been developed significantly both in electrorefining (ER) and electrowinning (EW) applications in the last ten years. The main driver has been robotic cathode handling, which has enabled increased flexibility to meet different layout and material handling requirements for both ER and EW processes. Additionally, cathode stripping stations have been continuously developed to optimize speed and to reduce mechanical stress of permanent cathodes. 'taco' type cathodes have been proven as beneficial approach for high capacity operations (particularly in Cu ER), where over 600 cathodes per hour continuous throughput has been achieved. However, the latest developments also apply to split type cathode stripping. Besides material handling, the modern cathode stripping machine has also an important role to provide information for production and quality monitoring. This paper describes the latest developments from the field of copper cathode stripping based on several different projects implemented in the recent years. INTRODUCTION After introduction of the permanent cathode technology in the late 1970s, it became the prevailing technology in copper refineries over the traditional starting sheet process by the end of 1980s. The main driver was less labour-intensive production due to fewer processing steps required along with more automated electrode handling equipment (cathode stripping machine, anode preparation machine, anode scrap washing machine and tankhouse cranes). Since then the design of the cathode stripping machine has followed the development of permanent cathode technology. The main development steps so far can be summarized as follows: Full Deposit Stripping Machine (FDSM) based on waxed permanent cathodes or cathodes with bottom edge strips resulting in split cathodes (copper sheets separated, see Figure 1) Wax less cathode stripping based on V-groove on bottom of the edge strip resulting in either ‘taco’ cathodes (enveloped copper sheets, see Figure 1) or split cathodes Full Deposit Robotic Stripping Machines (FDRSM) using 1–5 robots for permanent cathode handling and cathode stacking.

Jan 1, 2019

By M. Kozlowski, I. Candy, S. Kashani-Nejad

The production of ferronickel and matte from nickel laterite ores is dominated by the Rotary Kiln, Electric Furnace (RKEF) process. Over time, major improvements have been made to kiln operation. In particular, kilns are now required to perform substantial amounts of reduction of the metallic oxides, thereby reducing the load on the electric furnace and substituting less expensive fossil fuel for electrical energy. To the basic refractory lined cylinder have been added: internal features such as dams and lifters, aimed at changing residence times in different sections of the kiln and enhancing gas/solids interaction, on-board fans to introduce tertiary air and on-board scoop mechanisms to allow reductant coal additions to be made at advantageous locations along the kiln. Many of these advances in design have been made on a trial and error basis and by 'borrowing' technology from related kiln processes, supplemented by proprietary modeling to various levels of sophistication. This paper presents a conceptual review of modeling components for the development of a computational model for granular material flow, combustion and heat and mass transfer in a nickel laterite kiln. These components include: granular material flow and segregation models for the simulation of bed motion, heat transfer models that simulate heat transfer by turbulent diffusion and radiation and the distribution of this thermal energy within the bed, and fluid flow models for the prediction of combustion aerodynamics.

Jan 1, 2005

By S. Kelebek, E. Yalcin

"Diethylenetriamine (DETA) and/or triethylenetetramine (TETA) are reagents that can generally be categorized under ""flotation modifiers"". These polyamines are known to be effective for the deactivation/depression of pyrrhotite that is present in Canadian nickel-copper sulphide ores in large quantities. Recent bench scale testing on some of these complex ores indicated that chalcopyrite flotation can also be adversely affected under certain conditions involving polyamines, which may be taken to be an evidence of their specific affinity towards chalcopyrite. In general, DETA shows no significant depressant action on chalcopyrite while TETA's promotion of hydrophilicity for this mineral has been observed even in the presence of xanthate. This prompted an investigation on thermodynamic equilibria involving these polyamines and copper ions. Results serve a useful purpose to identify conditions for deactivation phenomena. CuDETA2+ and CuTETA2+ chelates as products of sequestration have large predominance areas covering a wide range of redox and pH conditions, where copper xanthate species are not stable, especially in the presence of TETA."

Jan 1, 2009

By David G. Almond

"Economies of scale and the variable characteristics of many large ore deposits have resulted in grinding installations having large SAG mills fitted with variable speed drives. Problems associated with effective operation of this equipment has created the need for better operator knowledge of mill load behavior and the need for new instrumentation capable of providing accurate information about load movement and composition. This paper discusses two performance enhancing instruments available to address these needs.INTRODUCTIONThe economic demands of new mining projects has resulted in increased equipment sizes and this is particularly evident in milling where there are now many SAG mills operating in the range of 28’ – 40’ diameter with installed powers of 8 – 22 MW. These mills are designed to process very high capacities of ore daily2 and the variable characteristics of many of the deposits mined results in the need to vary the mill speed during processing to cater for the changes in ore hardness. Mill speed changes often result in operational problems associated with high-energy impacts striking the mill liners reducing energy efficiency as well as degrading the grinding media through breakage, accelerating liner wear and in extreme cases even breaking liners. These operational problems have given rise to the need to have instruments aimed at providing operators with accurate information in real time about the load composition and movement within SAG mills.The original concepts for operating SAG mills were derived from past experience of operation of conventional fixed speed ball mills. However, the relatively stable conditions that applies with fixed speed and constant ball charge in ball mills supports theoretical approaches to the grinding process based on energy calculations such as Bond’s Work Index concept. Later a set of parameters Si and Bij were used for describing load kinetics, but all of these methods neglect the details of load movement and how the energy is actually used inside of the mill. It is now commonly accepted as a basic rule that SAG mills grind by impact whilst ball mills grind by attrition and consequently SAG mills are designed and operated to generate a large amount of impacts by the cataracting load without paying sufficient attention to where these impacts are actually occurring. Many mills are operated on the basis that as long as the mill is consuming the expected power there is little attention given to the class of bodies using this energy and this often results in the inefficient use of energy."

Jan 1, 2005

By Iann Bouchard

Introduction à l?abrasion et l?érosion Avec le temps, tout solide va éroder et user les métaux les plus durs; de plus, la Corrosion va aussi laisser une couche mince et faible d?oxydation qui sera rayée du substrat. Solutions et guide de sélection Les polymères de Henkel Loctite® peuvent: ? Réduire l?abrasion par glissement ? Protège contre les agents corrosifs ? Prévenir la cavitation ? Augmenter l?efficacité ? Réduire la turbulence ? Résister aux hautes températures?

Feb 1, 2008

By Serge Ouellet

Identification and quantification of cementitious phases in cemented paste backfill (CPB) is difficult due to the fineness of tailings and the low binder content used in the mixture. Techniques such as X-ray diffraction and thermogravimetry were ineffective (mainly due to tailing mineral interference) to identify and quantify hydration products in most works reported in the literature. On the other hand, scanning electron microscopy (SEM) was used in many cases but mainly for qualitative purposes. This paper presents the development of a new approach based on a computer program (SEM-XMAP) that combines X-ray dot mapping images acquired by SEM and generates a coloured image representing the mineralogy and the microstructure of a given CPB specimen. The technique is applied to one CPB sample mixed with blast furnace slag (BFS) and acidic sulphated mixing water sampled in a mine dewatering system. The technique allowed identifying calcic matrix, unhydrated and partially hydrated BFS particles, and sulphated phases.

May 1, 2007

By Edward (Ted) R. Lord

The application of thickened/paste tailings for surface disposal has been practiced for many years but has recently started to gain wider international acceptance. With tailings ponds coming under increasing environmental scrutiny, there is growing momentum towards mine/tailings plans that greatly reduce the size or even eliminate tailings ponds completely. This paper provides examples from the author's own experiences of the application of thickened/paste tailings for surface disposal in different countries, under different climatic conditions and in different industries. The paper will also comment on current research initiatives and future trends.

May 1, 2001

By W R. Honeywell

Two series of laboratory flotation tests were carried out to study the treatment of Faraday ore by two-stage flotation. First the acid-consumers and then the uranium minerals were floated. On ore ground in the Faraday mill grinding circuit, and using Faraday mill water in the flotation step, a recovery in the flotation concentrate of from 91 to 93 percent of the uranium was obtained in 45 to 50 per cent of the weight at a grade of 0.24 per cent U30s. The saving of acid in leaching the uranium-bearing flotation concentrate, as compared to leaching the whole ore, ranged from 30 to 46 per cent. The average over-all extraction resulting from flotation and leaching of the flotation concentrate was 88.1 per cent. The best collector for the acid-consumers was sodium oleate. Acintol F A-1 emulsion was the best collector for the uranium minerals, and, in the uranium flotation step, an acid pH in the slurry was found to be necessary. The reagent costs were estimated to be 22 to 26 cents per ton of ore.

Jan 1, 1963

By A. G. Eccles

"INTRODUCTIONWestern Mines' copper-lead-zinc operations are located in Strathcona Provincial Park, near the geographic centre of Vancouver Island. This park includes Buttle Lake, which flows into the Campbell River water system. The latter provides domestic water for the Town of Campbell River, approximately fifty-eight miles from the mine site.Operation of the concentrator commenced in December 1966, at which time the tailings were discharged into a small tailings pond near the plant. On May 8, 1967 Permit No. 185 was granted to the company, allowing discharge of the tailings, through a submerged outfall, to the bottom of Buttle Lake.Needless to say, the concept of operating a mine within a park, and the discharge of tailings into Buttle Lake generated considerable controversy. However, this has all but been eliminated over the years by the proven effectiveness of Western Mines' pollution control program. In 1973 this program was further upgraded with the addition of an alkaline chlorination plant. Effluent treatment by this method became necessary as a result of process modifications, and has been effective in maintaining the levels of characteristics in the tailings within the ever increasing pollution control requirements imposed on the industry."

Jan 1, 1977

By Joseph Poplawski, Christian O’Keefe, Robert Maron

"Unique and difficult minerals processing measurement situations will be described and the application of passive array-based technology for performing these measurements will be illustrated. Examples of these situations include volume flow measurements in froth lines and flotation feed lines with entrained air, slurry lines with magnetite and other magnetic ore, slurry lines with abrasive or corrosive materials, high pressure lines, and slurry and non-slurry lines exhibiting scale buildup. Other situations include measurement of entrained air levels in pipes and in flotation columns. These measurements are achieved through CiDRA’s patented passive sonar array-based technology. This technology performs two independent measurements – flow rate and entrained air amounts. Two hardware implementations of this technology have resulted in a non-intrusive flow and entrained air meter which easily is installed on the outside of the pipe, and a submersible version for entrained air or gas holdup measurements which is used in flotation processes. Recent developments in extending this technology to solve other unique measurement problems such as valve movement confirmation will be covered.INTRODUCTIONThe minerals processing industry faces many unique and challenging process control conditions and environments. In terms of flow measurements, many of these situations are not being properly served by traditional flowmeters such as ultrasonic meters, magmeters, turbine meters, orifice plate meters, vortex flow meters, Coriolis flow meters, and venturi meters. A new class of flowmeters has been developed that solves these unique situations and flow measurement problems. This new class of flowmeter technology utilizes sonar-based processing algorithms and an array of passive sensors to measure not only flow, but also fluid composition. It does so accurately, reliably and without making contact with the fluid. These measurements are performed on practically any type of fluid within virtually any type of pipe.PRINCIPLE OF OPERATIONSonar array-based flowmeters are ideal for tracking and measuring the mean velocities of disturbances traveling in the axial direction of a pipe. These disturbances generally will convect with the flow, propagate in the pipe walls, or propagate in the fluid or slurry. First let us focus on the disturbances that convect with the flow. The disturbances that convect with the flow can be density variations, temperature variations or turbulent eddies. The overwhelming majority of industrial flows will have turbulent eddies convecting with the flow, thus providing an excellent means of measuring the flow rate as described below."

Jan 1, 2008

By K. G. Thorne, D. R. Lentz, A. F. Park

"The Main zone of the Clarence Stream gold deposit is hosted by a shear zone adjacent to the Saint George batholith in southwestern New Brunswick. The mineralization history relates to progressive deformation in the shear zone and the intrusion of the Magaguadavic granodiorite.Of three phases of deformation that have affected the area (D1-D3), D1 is not observed in the Clarence Stream shear zone. Two suites of igneous rocks intrude the shear zone: post-D2, pre-D3 gabbro; and granitic dikes, which crosscut the gabbros. Granitic dikes show a diverse range of relationships to D3 features, from pre-syn-D3 mylonitic fabrics in transposed and highly deformed enclaves, to nondeformed and entirely discordant dikes (post-D3).A variety of veins occur within this shear zone. Zoisite-bearing and later, crosscutting epidote-bearing veins are preserved as relics in quartz-mylonites, and predate quartz veins that host gold mineralization. The epidote-bearing veins are associated with pseudotachylitic cataclasite dikes, consistent with transient brittle failure during ductile deformation.Deformation relates to right-lateral strike-slip motion across the shear zone, and subhorizontal and near-vertical stretching lineations imply transpression. A late (late- or post-D3) dip-slip phase of motion is also apparent, and cooling followed a metamorphic peak early in D2-D3 history. Deformation of the shear zone, and more localized transient brittle failure, provided the permeability for fluid movement and vein emplacement. This scenario is similar to the findings of other studies, in which geochemical, tracer isotopic, and age-dating (U/Pb, 40Ar/39Ar) results suggest that the adjacent Magaguadavic granodiorite provided heat and metals. La zone principale (Main zone) du gisement d’or de Clarence Stream est encaissée par une zone de cisaillement qui longe le batholite de Saint George dans le sud-ouest du Nouveau Brunswick. L’historique de la mise en place de la minéralisation accorde un rôle important à la déformation progressive dans la zone de cisaillement et à la mise en place de la granodiorite de Magaguadavic.Des trois phases de déformation à avoir affecté la région (D1-D3), les effets de D1 ne sont pas observés dans la zone de cisaillement de Clarence Stream. Deux suites de roches ignées se sont mises en place dans cette zone de cisaillement : un gabbro post D2, pré-D3 et des dykes granitiques qui recoupent le gabbro. Les dykes granitiques montrent une grande diversité de relations avec les structures D3, allant de précoces à synchrones aux fabriques mylonitiques D3 dans des enclaves transportées et fortement déformées à des dykes complètement discordants et non déformés (post-D3).On note diverses veines dans cette zone de cisaillement. Des veines contenant de la zoisite ainsi que des veines d’épidote sécantes plus tardives, lesquelles sont préservées comme reliquats dans les mylonites à quartz et sont plus vieilles que les veines de quartz contenant la minéralisation aurifère. Les veines d’épidote sont associées à des dykes de catacalasite à texture de pseudotachylite, compatibles avec une rupture cassante épisodique durant la déformation ductile.La déformation résulte d’un mouvement décrochant dextre le long de la zone de cisaillement et les linéations d’étirement subhorizontales et quasi-verticales impliquent de la transpression. Une phase tardive (tardi- ou post-D3) de mouvement selon le pendage est aussi apparente, et le refroidissement succède à un pic métamorphique tôt dans l’histoire D2-D3. La déformation de la zone de cisaillement et la rupture cassante épisodique ont fourni la perméabilité nécessaire au mouvement des fluides et à la mise en place des veines. Ce scénario est similaire à celui proposé par d’autres études, dans lesquelles les résultats de géochimie, de traceurs isotopiques et de géochronologie (U/Pb, 40Ar/39Ar) suggèrent que la granodiorite de Magaguadavic avoisinante a fourni la chaleur et les métaux."

Jan 1, 2008

By O. J. C. Runnalls

"Canada became the world's largest uranium producer in 1984. That leadership position is likely to be maintained for many years into the future because of a firm production base, many undeveloped known deposits with commercial promise, and a large geologicalpotential for new discoveries.There are some uncertainties on the horizon, principally because of restrictive actions in process within the U.S.A., which are aimed at preserving a deteriorating domestic uranium industry. Should such actions result in import restrictions, for example, there would be a negative effect on foreign producers at least in the short term. Canada may avoid such difficulties under a tentative U.S.-Canada free-trade agreement where restrictions on the import of Canadian uranium into the United States would be eliminated. Over the longer term, demand for Canada's uranium resources will grow because of the foreseen growth in the world's installed nuclear power capacity. IntroductionSince the phenomenon of nuclear fission was discovered in 1938, the utilization of uranium has grown substantially. Initially, the principal use for uranium was in the production of nuclear weapons. However, once civilian nuclear power reactors began to be built in the 1950s, an increasing fraction of uranium output was directed to the production of fuel elements for use in electricity generating stations.The cumulative uranium production by those countries in the World Outside Centrally-Planned-Economies Areas, WOCA, during the period 1938 to 1985 exceeded 800 000 tonnes of uranium. Some 60% of that was mined in the United States and Canada, as indicated in Figure 1. In 1986, nearly 80% of WOCA output came from five countries, Canada, United States, South Africa, Australia, and Namibia, as indicated in Table 1 and illustrated in Figure 2.During the past decade the world annual consumption of nuclear energy has more than tripled (Fig. 3). As of December 31, 1986, the world total of nuclear power reactors had reached 394 with a total net capacity of 270 GWe. The thermal output from nuclear power plants in 1985 exceeded 60% of the energy contained in all of the oil produced that year in the Middle East. Thus, nuclear power has already become an important component in the world energy supply picture."

Jan 1, 1988