Search Documents

By A. I. A. Salama

The CANMET Western Research Centre (CWRC) has developed a hydrocyclone model simulation of dewatering and fine particle separation circuits. The simulation is based on an existing empirical model. Utilizing a cyclone manufacturer’s published data, some modifications have been developed and integrated into the model. Feed stream characteristics, cyclone mechanical dimensions, and operating conditions are used in the CWRC modelling simulation. The computer results are presented in 3D graphs and corresponding 2D maps showing the cyclone mass recovery, percent solids by mass in underflow and overflow, and cut size as functions of the cyclone apex diameter and cyclone throughput (i.e., inlet pressure or pressure drop). Results of the computer simulation have been used in the economic feasibility and design of several dewatering circuits in oil sand plants.

Jan 1, 2003

By Euler De Souza

The authors conducted a study of backfill practices in underground mines across Canada to assess the current state of backfill usage and to overview potential hazards associated with backfill practice, from preparation to transportation to placement. The primary aim of this study was to cover each component of a typical mine backfill system, and to identify potential incidents leading to the disruption of backfilling operations and any associated corrective actions. This paper, Part I of the study, deals with surface operations consisting of backfill material supply and backfill plant preparation. Part II of the study, which deals with underground operations consisting of backfill transportation and backfill placement, is also presented in these proceedings. A review of safety measures associated with current backfill operations and recommendations for procedures of best practice that should be implemented to reduce fill-related hazards in all mine backfill workplace environments are presented. In general it has been found that system failures normally lead only to minor losses to the operations.

May 1, 2009

By E. M. Cameron

Reconnaissance radiometric and geochemical data have been obtained for an area on the western shore of Wollaston Lake that includes the Rabbit Lake uranium deposit. The study area is extensively drift cover ed. The geochemical data were obtained by analysis of center-lake sediments and surface waters for a variety of elements and other constituents. The airborne radiometric data comprise measurements of eU, eTh and K obtained with a .50,000-cc NaI (Tl) detector at a mean terrain clearance of 120 m and 5-km flight-line spacing. Uranium in lake sediments and uranium in waters are the most effective geochemical indicators of uranium mineralization; the other elements measured are not notably anomalous. A sample site density of one per 1 8 km 2 is more than adequate for identification of the mineralized area. Because many water samples contain close to or below the current analytical detection limit of 0.05 ppb U, the use of sediments is generally favoured. for broad-scale reconnaissance in the region. Uranium in these lake sediments appears to be little influenced by variations in the organic or iron and manganese content. The most effective radiometric indicator of the mineralization is the eU/eTh ratio. This parameter is less influenced by environmental variation on the ground beneath the flight line than eU alone . The eTh/K ratio is anomalous under the Athabasca Formation unconformity where, in places, the uranium mineralization is localized.

Jan 1, 1977

By S. Noh, T. K. Kim, B. O. Lee

Future nuclear reactor systems such as a sodium-cooled fast reactor are being designed under severe conditions in terms of operating temperature and irradiation fluence compared to current commercial reactors. For realization of such systems, it is necessary to develop an advanced structural material having both high strength and irradiation resistance at high temperatures. Oxide dispersion strengthened (ODS) steel is considered as one of the most promising structural material because of its excellent creep and irradiation resistance on the basis of uniformly distributed nano-oxide particles with a high density. Up to now, ODS steels have been intensively studied and developed to apply these materials to the in-core structural component of future nuclear systems. Several advanced ODS steels were designed and fabricated by a mechanical alloying, hot isostatic pressing and hot extrusion processes. This study focuses on the effects of heat treatment parameters during the fabrication process parameters on the microstructures of ODS steels for future nuclear system applications.

Jan 1, 2015

By M. Morin

"This paper examines the design issues associated with the integration of mineral processing within underground mining using a total systems approach. It demonstrates conceptual integrated system design options appropriate to a range of geological scenarios. Particular reference is then given to a case study of stoping in narrow base metal veins.The performance of such integrated systems in terms of productivity, economical and environmental criteria is demonstrated by means of simulation. Particular attention is given to the potential benefits to mine waste management. Processing technologies appear to offer genuine potential benefits, while underground mining methods may need to evolve further to facilitate full integration. This paper is based on industry supported research aimed at developing selective and clean underground mining systems. IntroductionTotal systems thinking is simple in principle but complex to implement. The premise is that to achieve optimum effectiveness and efficiency from a system, the complete system must be considered. Using this approach will avoid the situation where the optimization of a localized component of any system results in a negative impact on the performance of the complete system. Take for example the parts manager who reduces inventory costs without consideration of the consequences to the plant. If the plant goes down and a part is unavailable, it would then cost significantly more than the cost of having it in inventory (Ackoff, 1994).A tool for applying total systems thinking toward understanding and analyzing different mineral extraction options is the structured analysis and design techniques (SADT). Originally developed by Ross (1977), SADT is a formal systems engineering methodology (FIPS PUB, 1993) for process and enterprise modelling (Marca and McGowan, 1993). Figure 1 presents a highlevel structured analysis of the traditional or conventional metal extraction process. There are three sequential processes with several arrows entering or exiting each process. In SADT, inputs always enter from the left-hand side and exit as outputs of the process on the right-hand side. Constraints affecting the transformation of inputs to outputs enter the process from the top while resources or mechanisms enabling the transformation enter from the bottom. SADT is a hierarchical decomposition technique and further analysis is undertaken by expanding downward into each process."

Jan 1, 2003

By Luc Harnois, Gabriel Voicu, Marc Bardoux, Robert Crépeau

"Abstract-Detailed petrographical and geochemical studies have been carried out on the igneous and sedimentary rocks in the Omai area, part of the Paleoproterozoic Barama-Mazaruni greenstone belt, Guyana. The stratigraphic succession at Omai begins with basalts, associated with mafic-ultramafic intrusives and poorly-sorted conglomerates; these are overlain by andesites and quartzfeldspar porphyries, with pelites and tuffaceous sediments at the top. The volcanic-sedimentary succession was intruded by a quartz-monzodioritic stock (Omai stock) and granophyric rhyolite dikes. Several generations of mafic dikes were intruded discontinuously from the Mesoproterozoic to the Permo-Triassic. Volcanic rocks range in composition from subalkaline basalt to high-silica rhyolites, with a gap between 60% to 70% SiO2, which suggests the suite is bimodal. Major, trace, and rare earth element criteria were used to subdivide the rocks into tholeiitic and calc-alkaline types. The tholeiitic rocks are characterized by flat to moderately sloping chondrite-normalized REE patterns. On the basis of immobile trace-element ratios, the tholeiitic mafic rocks from Omai have characteristics of immature intra-oceanic island arcs, or of E-MORB basalts affected by a strong arc signature, as is commonly reported for back-arc basin basalts. The andesites, quartz-feldspar porphyries, rhyolites and quartz monzodioritic stock are calc-alkaline, with strongly sloping REE patterns, enrichments in the large-ion lithophile elements, and depletions in the heavy REE and high-field-strength elements, features which are typical of more mature island-arc settings.At Omai, two types of gold-bearing veins can be distinguished: vein sets (± stockworks) and tension veins, both post-dating the regional metamorphic peak at the level they were emplaced. The relationship between the gold mineralization and its host lithologies does not seem to be genetic. Rather, the emplacement of mineralization was strongly influenced by the rheological contrasts between the intrusive/subvolcanic bodies and the volcanic/sedimentary country rocks. These contrasts helped to focus the regional stress upon the more competent intrusive subvolcanic bodies, resulting in brittle fracturing, and therefore in greatly enhanced permeability to hydrothermal fluids. The Omai gold mineralization can be classified as late tectonic, with its emplacement controlled by the last brittle to brittle-ductile stages of the Trans-Amazonian orogeny."

Jan 1, 1997

By Gabriel Voicu, Harnois Luc, Marc Bardoux, Robert Crépeau

"Detailed petrographical and geochemical studies have been carried out on the igneous and sedimentary rocks in the Omai area, part of the Paleoproterozoic Barama-Mazaruni greenstonebelt, Guyana. The stratigraphic succession at Omai begins with basalts, associated with ma?c-ultrama?c intrusives and poorly-sorted conglomerates; these are overlain by andesites and quartz-feldspar porphyries, with pelites and tuffaceous sediments at the top. The volcanic-sedimentary succession was intruded by a quartz-monzodioritic stock (Omai stock) and granophyric rhyolitedikes. Several generations of ma?c dikes were intruded discontinuously from the Mesoproterozoicto the Permo-Triassic. Volcanic rocks range in composition from subalkaline basalt to high-silicarhyolites, with a gap between 60% to 70% SiO2, which suggests the suite is bimodal. Major, trace, and rare earth element criteria were used to subdivide the rocks into tholeiitic and calc-alkaline types. The tholeiitic rocks are characterized by ?at to moderately sloping chondrite-normalized REE patterns. On the basis of immobile trace-element ratios, the tholeiitic ma?c rocks from Omai have characteristics of immature intra-oceanic island arcs, or of E-MORB basalts affected by a strong arcsignature, as is commonly reported for back-arc basin basalts. The andesites, quartz-feldspar porphyries, rhyolites and quartz monzodioritic stock are calc-alkaline, with strongly sloping REE pat-terns, enrichments in the large-ion lithophile elements, and depletions in the heavy REE and high-?eld-strength elements, features which are typical of more mature island-arc settings.At Omai, two types of gold-bearing veins can be distinguished: vein sets (± stockworks) and tension veins, both post-dating the regional metamorphic peak at the level they were emplaced. The relationship between the gold mineralization and its host lithologies does not seem to be genetic. Rather, the emplacement of mineralization was strongly in?uenced by the rheological contrasts between the intrusive/subvolcanic bodies and the volcanic/sedimentary country rocks. These con-trasts helped to focus the regional stress upon the more competent intrusive subvolcanic bodies,resulting in brittle fracturing, and therefore in greatly enhanced permeability to hydrothermal ?uids.The Omai gold mineralization can be classi?ed as late tectonic, with its emplacement controlled by the last brittle to brittle-ductile stages of the Trans-Amazonian orogeny."

Jan 1, 1997

By Glenn D. Lyle

As part of an initiative to improve value in mining, CEMI is developing a handbook on best practice in mine design. Various formats were examined, and of these, the wiki was selected as being most suitable. Being web-based, its global reach and capability of being continuously updated allows the wiki to evolve as new knowledge is generated, and to capture the diversity of experience of practitioners in the mining industry. While wikis have many advantages in terms of organizing content and searching, their ability to be edited by users is often seen as a negative characteristic for quality control. To ensure reliability of information content, author attribution, specific authorship models, and a peer review process have been implemented, in addition to the standard version tracking capability of wikis. The first phase of the project concentrates on topics related to underground hard rock mine design. The scope will be expanded to cover other aspects of mining as the project matures. Strategic partnerships with various organizations, such as the CIM, and CANMET, are being formed to provide a wide range of seed material to stimulate growth of the site. www.minedesignwiki.org

May 1, 2011

By Martin G. Wafforn, George J. Greer

"In early 2014, Pan American Silver Corp. commenced a project to construct a second shaft at its La Colorada underground mine located in Zacatecas State in Mexico. This was the first new shaft development project undertaken by Pan American Silver in the history of the company. The existing mine workings permitted the use of a raise bore for the excavation of the shaft opening, utilizing directional drilling in poor ground conditions to advance the pilot hole. This was an interesting project with many challenges and successes, and numerous lessons learned. The project was successfully completed in 2016, with the shaft operating at full mine production capacity within weeks. INTRODUCTION The La Colorada Mine has a long history dating from at least the 1920’s. The mine is located in the northern portion of Zacatecas State in Mexico in the Chalchihuites area, an approximate two hour drive south from the city of Durango. Pan American Silver acquired the La Colorada mining concessions in 1998, with mine production at that time consisting of only a few hundred tonnes per day. Over the course of the following 15 years, with the addition of an oxide processing plant and some expansions to the sulphide processing plant and site infrastructure, production was eventually increased to a maximum of 1,250 tonnes per day, all of it generated from conventional cut-and-fill stopes in the underground mine. An existing shaft was used to hoist the ore to surface, and over the years Pan American Silver had deepened the shaft and had changed out some of the hoisting plant. However, there were historic workings in close proximity to the shaft that made it unsuitable for personnel transport, and shaft maintenance was becoming difficult. The shaft was increasingly considered as a risk to the long term production continuity, and also to further deepening of the mine. In addition, expanding the capacity of this old shaft was not possible. Drilling of the La Colorada mineralization at depth commenced in 2010, with very good exploration success. As a result, by the end of 2013, the mine reserves had grown to a total of 6.5 million tonnes of high grade ore (388 g/t Ag, 0.36 g/t Au, 2.4 % Zn, and 1.3% Pb). Furthermore there were more (and higher grade) sulphide reserves than oxide reserves at depth. Following the completion of an internal study in 2013 with assistance from one of the international shaft contractors, a decision was made to increase the production from the mine with the construction of a new shaft and a new sulphide processing plant, a project with a calculated payback of 2.2 years."

Jan 1, 2019

By T. R. Ellis

The valuation of mineral properties in the U.S. is only partially regulated. The regulations which have jurisdiction or impact appear to have such mainly as a consequence of unintended fallout, since the regulations were designed for other purposes. Court case history can also be important. The combined results are a mixture of bad and good, with important lessons to be learned. Since 1981, the Securities and Exchange Commission has prohibited U.S. listed companies from reporting quantitative estimates of mineralization and the value of mineralization, other than proven and probable reserves. This results in the minerals appraiser (valuator) working with a shortage of data in his everyday work, both on the subject property and in sales analysis. Between 1989 and 1995, all 50 states and essentially all federal agencies adopted the Uniform Standards of Professional Appraisal Practice (USPAP) for real property appraisals (valuations). The major national appraisal societies also require their members to abide by USPAP. A significant portion of minerals appraisals must now follow these standards. This paper will discuss the content of USPAP. It provides a very good framework for the valuation of a minerals property or a mine, both as real property and as a business. However, the credentialing standards for real property appraisers are now prohibitive for minerals appraisers.

Mar 1, 2002

By T. R. Ellis

"The valuation of mineral properties in the U.S. is only partially regulated. The regulations which have jurisdiction or impact appear to have such mainly as a consequence of unintended fallout, since the regulations were designed for other purposes. Court case history can also be important. The combined results are a mixture of bad and good, with important lessons to be learned.Since 1981, the Securities and ExchangeCommission has prohibited U.S. listed companies from reporting quantitative estimates of mineralization and the value of mineralization, other than proven and probable reserves. This results in the minerals appraiser (valuator) working with a shortage of data in his everyday work, both on the subject property and in sales analysis.Between 1989 and 1995, all 50 states and essentially all federal agencies adopted the Uniform Standards of Professional Appraisal Practice (USPAP) for real property appraisals (valuations). The major national appraisal societies also require their members to abide by USPAP. A significant portion of minerals appraisals must now follow these standards. This paper will discuss the content of USPAP. It provides a very good framework for the valuation of a minerals property or a mine, both as real property and as a business. However, the credentialing standards for real property appraisers are now prohibitive for minerals appraisers."

Jan 1, 2002

By J. O. Wheeler

"DEFINITION OF THE REGION, ITS BOUNDARIES, AND PHYSICAL AND GE'OLOGICAL CHARACTERISTICSTHIS PAPER concerns the Western Cordilleran region, embracing most of British Columbia, the southern half of Yukon Territory and the southwestern most part of the District of MacKenzie. It excludes Vancouver Island and the Queen Charlotte Islands, which are discussed in a background paper on the Pacific Continental Shelf. The region is bounded on the south by the northwestern United States, on the west by the continental shelf and Alaska, on the north by the front of the Ogilvie Mountains, on the northeast by the axis of the MacKenzie Mountains and on the east by the Rocky Mountain Trench.The region is dominated by two mountain chains that con tain icefields and glaciers: the St. Elias, Coast and Cascade Mountains in the west; the Selwyn, Pelly, Cassiar, Omineca and Columbia Mountains in the east. The Intermontane region between these mountain chains consists of lower mountains and plateaus. In the mountains, the region above the timberline and many of the steep valley-walls provide good exposures of rock, but these areas are subject to rockslides and landslides and in winter to snow avalanches. Much of the Western Cordillera was covered by ice-sheets at various times during the Pleistocene epoch. Consequently, the larger valleys in the mountains and much of the Intermontane region contain much glacial drift and alluvium and only limited exposures of rock. This same terrain in the Southern Cordillera, however, is the most favourable for agriculture. Parts of the region, particularly in the two mountain chains, are heavily forested. Elsewhere, the forest cover is less, with grassland prevailing in the south and tundra in the north."

Jan 1, 1969

By J. O. Wheeler

"DEFINITION OF THE REGION, ITS BOUNDARIES, AND PHYSICAL AND GE'OLOGICAL CHARACTERISTICSTHIS PAPER concerns the Western Cordilleran region, embracing most of British Columbia, the southern half of Yukon Territory and the southwesternmost part of the District of MacKenzie. It excludes Vancouver Island and the Queen Charlotte Islands, which are discussed in a background paper on the Pacific Continental Shelf. The region is bounded on the south by the northwestern United States, on the west by the continental shelf and Alaska, on the north by the front of the Ogilvie Mountains, on the northeast by the axis of the MacKenzie Mountains and on the east by the Rocky Mountain Trench.The region is dominated by two mountain chains that con tain icefields and glaciers: the St. Elias, Coast and Cascade Mountains in the west; the Selwyn, Pelly, Cassiar, Omineca and Columbia Mountains in the east. The Intermontane region between these mountain chains consists of lower mountains and plateaus. In the mountains, the region above the timberline and many of the steep valley-walls provide good exposures of rock, but these areas are subject to rockslides and landslides and in winter to snow avalanches. Much of the Western Cordillera was covered by ice-sheets at various times during the Pleistocene epoch. Consequently, the larger valleys in the mountains and much of the Intermontane region contain much glacial drift and alluvium and only limited exposures of rock. This same terrain in the Southern Cordillera, however, is the most favourable for agriculture. Parts of the region, particularly in the two mountain chains, are heavily forested. Elsewhere, the forest cover is less, with grassland prevailing in the south and tundra in the north."

Jan 1, 1970

By D. Mark Richards

Highland Valley Copper (HVC) is a large open pit copper mine in the southern interior of British Columbia. Machine guidance technology using GPS has been utilized at the mine since 1996 for blast hole drill navigation and since 2000 for shovel and dozer navigation. Since 1997, rock recognition has been part of the drilling process. This allowed the mine to develop a Mine to Mill strategy using the rock hardness information from drill monitoring systems to both refine drilling and blasting parameters as well as downstream crushing and grinding strategies. Although this preliminary effort has been very successful at HVC, the current intent is to gain further benefits through better use of existing information while also deriving an enhanced data set from monitoring production drills. In the latter case, the objective is to acquire and process drill variables in such a manner as to permit more detailed definition of rock mass characteristics. The subsequent focus will be to use the derived geotechnical and geological information as part of a practical process to more prescriptively blast the rock mass. Through the definition of domains based on drill monitored derived rock mass properties, the intent will be to enhance blast outcomes that lead to optimized downstream (from blasting through to concentration) processes in a more proactive and timely manner. This paper examines a proposed approach to be able to derive more accurate and consistent rock mass properties from production drilling. In addition, the discussion will identify potential benefits to be gained from process improvements that result in enhanced productivities, and crushing and grinding optimisation due to blasting strategies that are more closely matched to identify rock mass characteristics.

May 1, 2007

Adsorption of guar gum was investigated on model minerals typically found in water-insoluble slimes of potash ores. The ionic strength of the adsorption mixtures was varied from distilled water to saturated NaC1 and KC1. The tests were also performed using a saturated brine. The adsorption density of guar gum on illite, dolomite, and kaolinite was found to be not only a function of total ionic strength but also of the type of electrolyte present in solution. Generally, the adsorption of the polymer on the clay minerals was higher in KC1 solutions than in NaCI, but the differences gradually disappeared when the electrolyte concentration approached saturation. The results were analyzed in terms of chaotropic (K ) or kosmotropic (Na') properties of background counter-ions and their different behaviors at the hydrated mineral-water interface. Guar gum adsorption on dolomite was related to the presence of calcium and magnesium sites on the mineral surface, and to the cis-configuration of OH groups of mannose units. Based on viscosity measurements, it was suggested that guar gum macromolecules form entanglements in NaCI solutions (and distilled water), but individual molecules exist in KC1 solutions thus creating different modes of adsorption of guar gum from concentrated NaCl and KCl solutions.

Jan 1, 2006

"Many underground mines are achieving extended life and optimizing existing facilities by mining at greater depths. The challenges to do this require a sound engineering approach to mine design and mine services, as well as ingenuity in safety design. The social consequence is full utilization of existing infrastructure.Accessing ores at depths of 2000 m to 3000 m requires exceptional hoisting design. May’s theme issue includes a paper that examines a case study of one such hoisting plant, with emphasis on the hoist rope selection at Agnico-Eagle’s Penna shaft. The paper also describes the process whereby consultation with provincial safety authorities resulted in a revised safety factor suited to the hoist. Another paper examines the challenges of ventilating mechanized mines to 3000 m, including air cooling and dilution of diesel exhaust emissions. Vent system designs are discussed, using sound engineering design, and proven technology that minimizes emissions to achieve cost efficiencies. The paper suggests design based on process and ventilation simulators to obtain realistic economic data at the design stage. Increased ground pressures present unique challenges for production and safety. While this is not confined to deep mining, one paper examines rock pressures and seismic events at the Brunswick mine, for which experience may be applied at depth. It describes seismic monitoring as a predictive tool in a real mine situation, and how it is used to improve overall recoveries and maintain worker safety."

Jan 1, 2004

By J. Ran

"Hangingwall sloughing is the major cause of unplanned stope dilution in open stope mining. Understanding the hangingwall sloughing mechanism can guide the stope design in minimizing the unplanned dilution and improving muck size and therefore mining efficiency. Though the modified stability graph method may be adopted to assess the hangingwall stability, for mines where the hangingwall is inaccessible, the required parameters are difficult to define and some of the simple influential factors cannot be easily identified in this method to provide guidelines for stope design.This paper identifies the main modes of hangingwall sloughing in open stope mining based on detailed data collected from mined-out stopes and site observations, applies the voussoir beam notation to analysis of the hangingwall sloughing mechanism, compares the model analysis results with the collected stope data, and provides guidelines for stope design and model application. Finally, examples are given to demonstrate the time and support effects on hangingwall sloughing and stope dilution."

Jan 1, 2002

By Scott Honan, Tassos Grammatikopoulos, Mike Johnson, Kelton Smith, Niels Verbaan, Ernesto Bourricaudy, Eric Larochelle, Rick Sixberry

"NioCorp is developing the niobium/scandium/titanium Elk Creek carbonatite resource deposit. The carbonatite phase contains significant niobium (0.71% Nb2O5), titanium (2.68% TiO2) and scandium (72 g/t) and is composed predominantly of calcite, dolomite and ankerite. Niobium is mostly (80%) contained in the pyrochlore and the balance in various Fe-Nb-Ti oxides, which also host most of the titanium. Scandium is distributed homogeneously throughout the ore mineral assemblage. The process flowsheet recovers separate niobium, titanium and scandium products. Scandium is extracted from whole ore hydrochloric acid leach solutions through solvent extraction, and is further refined through a re-leach and precipitation process. Scandium leach residues are treated with sulphuric acid to recover separate niobium and titanium precipitates. Both hydrochloric acid and sulphuric acid reagents are recycled within the flowsheet. This paper will discuss key bench and pilot test results (focusing on the scandium flowsheet) and will present a conceptual flowsheet developed by the project team for NioCorp at SGS Minerals.INTRODUCTION NioCorp is developing North America's only niobium/scandium/titanium project. The Elk Creek project is located near Elk Creek, Nebraska, and is the highest grade niobium project in North America and the largest prospective producer of scandium in the world. These elements are unique and valuable superalloy materials that are strategic and critical to many industries and national defense technologies. The project includes the Elk Creek Carbonatite (the Carbonatite) that intruded older Precambrian granitic and low to medium grade metamorphic basement rocks. Both the carbonatite and Precambrian rocks are interpreted to be unconformably overlain by approximately 200 meters (m) of Paleozoic marine sedimentary rocks of Pennsylvanian age. As a result of this thick cover, there is no surface outcrop within the Project area of the carbonatite, which was identified and targeted through magnetic surveys and confirmed through subsequent drilling. The available magnetic data indicate dominant northeast, west-northwest striking lineaments, and secondary northwest and north oriented features that mimic the position of regional faults parallel and/or perpendicular to the Nemaha Uplift."

Jan 1, 2017

By Robert B. Parsons

"New tax rules that can apply to the repayment, extinguishment, or other settlement of a company's debt are finally taking shape. These new rules are far-reaching in their application, and can affect mining companies in a serious, negative way.IntroductionIn his February 1994 budget, Finance Minister Paul Martin announced changes to the Income Tax Act that could have an adverse impact on a company that restructures its debt. Since then, the new rules have undergone considerable transformation during their fetal stage: draft legislation was introduced in July 1994; revised draft legislation was introduced December 1994; and a third version of draft legislation was introduced February 1995. It seems that the new rules have now been pretty well finalized, and they contain some serious traps that the unwary could fall into. The new rules are of particular importance to mining companies, because a mining company's resource pools will be caught under the new rules, whereas these pools escaped the wrath of the old rules. The following commentary summarizes the new rules that are generally referred to as the ""debt forgiveness"" rules."

Jan 1, 1995

By William Shaw

Conditional simulation is now an accepted tool for managing ore block design at a number of operating mines. It provides a way to consider the quality of data, local continuity and economic risk in defining ore and waste across the cut-off boundary. In addition a computer based system can ensure consistency in making decisions to meet multiple criteria such as cut-off grades, minimum ore-block size and contaminant grade limits. The development of a procedure for using multiple criteria allows ore blocks to be defined using alternative strategies depending on the specific production requirements. This has introduced the opportunity to define ore blocks for different destinations based on their material types and opens the way for geometallurgical modelling to be incorporated into grade control.

Oct 1, 2009