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By R. Mohan Srivastava

"The goal of estimation is considered in the light of decision analysis. A simple example reveals the essential elements of decision-making in the face of uncertainty. A second example shows that these elements are also key features of many mining decisions. These two examples cause us to revive an old probabilistic notion that the goal of estimation should be to quantify what is unknown. The conditional probability distribution provides the complete statement of one's uncertainty. Once the conditional probability distribution has been established, one should retain as an estimate the value which minimizes some objective loss function. A third example shows how the ""best"" estimate depends on the chosen loss function. Current practice is almost exclusively based on the least squares method, which assumes a loss function which penalizes underestimation and overestimation equally. This is unfortunate not only because symmetry is an unrealistic assumption but also because mining offers a rare opportunity to state the loss function directly in terms of profitability. Both the theoretical framework and the practical tools exist to allow us to reconsider the conventional notion of the ""best"" estimate. IntroductionThis paper looks at estimation in the mining industry from the point-of-view of decision analysis. Virtually all decisions depend on estimates since few of the important parameters are ever known exactly. In this paper we will be referring mainly to the estimation of ore grades, though the approach discussed here is generally applicable to any decision in which relevant information is uncertain.In the first section we look at a very simple example of decision-making in the face of uncertainty. We will then tum to a mining example and see that the essential features of the simple example still pertain. From these two examples it will be clear that the decision analysis approach rests on two key concepts: the conditional probability distribution and the loss function. A third example demonstrates how different loss functions produce different ""best"" estimates from the same conditional probability distribution. In the final sections we willexamine the current practice of estimation in the mining industry. Though the tools for estimating the conditional probability distribution already exist, a change in the way we think about ""best"" estimates is needed. Very little attention is presently paid to the loss function even though it is readily available in many mining applications."

Jan 1, 1987

By Gillyeard J. Leathley

The Cassiar Asbestos mine is situated on McDame Mountain in northern B.C. at a mean elevation of 6000 ft (1830 m), some 6 miles (9.6 km) from the townsite /mill complex. Asbestos ore production averages 1,200,000 tons at 9% R.M.G. (Recoverable Mine Grade) and waste production is 6,000,000 cu. yd annually. Waste is loaded by P&H 1900 AL 11-cu.-yd shovels and transported by 75-ton and 85-ton end-dump trucks to the waste dumps. The ore is loaded by a 992 Caterpillar 10-cu-yd front-end loader into 50-ton and 75-ton trucks, which transport it to the crushing plant located at the mine. The ore is transported by a 15,370-ft (4685-m) tramline to the mill complex.

Jan 1, 1978

By John L. Bonus

"WITHIN THE BROAD PARAMETERS implied by the title of my speech, I propose to deal more particularly this evening with a subject the many aspects of which have constituted the essential elements of one of the main thrusts undertaken by the MAC in the past two years, i.e., to create among Canadians a much greater awareness of the importance of mining and to demonstrate to them what are the many and varied benefits they derive from mining activities across their country. In other words, MINING - WHAT IT MEANS TO CANADA.I also intend to discuss some aspects of government-industry relationships.I am very conscious of the fact that I am speaking to an audience made u in large part of experts in several fields of mining and exploration activities. They will be familiar with many of the points I intend to discuss. However, without in any way suggesting that familiarity breeds contempt, might I emphasize that even in this particular forum there is justification for reiterating some of our basic philosophies and suggesting ways whereby they might be better understood and promoted.Let us first summarize the present dimensions of the Canadian mining industry."

Jan 1, 1971

By P. W. A. Mayer

"As the push toward the northern regions of Canada steadily increases to exploit the rich mineral reserves, interest is steadily rising in respect to accessibility and climatic conditions and the problems posed thereby. In twelve years of operation, the Iron Ore Company of Canada, and associated companies, have found, through advanced technology, ingenuity and, most of all. need, some of the answers to the running of a profitable year-round open-pit mining operation."

Jan 1, 1966

By José J. Suárez

Abstract: Globally, the mining industry is expected to face the following challenges through 2020: 1. Sustaining growth amidst fierce competition 2. Containing cost increases and managing through the cycle 3. Attracting and retaining talent 4. Managing environmental concerns and improving sustainability 5. Managing volatility risks in commodity markets Our experience and research reveals that the higher performing global miners are adopting many of the following strategies: (1) Adopt a Global, Agile Operating Model (2) Be the Developer of Choice (3) Drive Capital Efficiency (4) Be the Employer of Choice (5) Integrate the End-to-End Business Model (6) Move to the Virtual Mining Value Chain This paper/presentation will provide data obtained through research on five (5) challenges facing the mining industry, and on the six (6) strategies that high performing global miners are adopting.

May 1, 2013

By Robert B. Parsons

"This article is based on a paper presented by Jim Scott at the 1988 annual convention of the Prospectors and Developers Association of Canada. The paper suggests a number of factors that might be taken into account in negotiating royalty terms.IntroductionRoyal ties are a part of mining life in Canada. They are used by many kinds of individuals in many kind s of situations. Prospectors commonly take royalty interests back when they transfer claims to development companies. Mining companies disposing of undeveloped (or sometimes even developed) properties are often paid at least in part by royalties. Royalties are even used by institutional investors with no other connection with the resource industry.Such different royalty holders have different investment goals, different cash flow requirements, and different risk / return preferences. These differences have given rise to a number of different royalty types. These types range from the simplest cents-per-ton royalty (where the operator pays a royalty at a fixed rate per ton milled) to net smelter return or ""NSR"" royalties (where the royalty is based on a percentage of the operator's NSR) all the way to net profit interest or ""NPI"" royalties (where the royalty is based on the operator's bottom-line net profit),The fundamental difference between the many royalty types is in the risk / return relationship. The cents-per-ton royalty, for example, is relatively risk-free. Of the many economic factors which affect a mine, the only one which will affect the royalty holder is the amount of ore physically milled. On the other hand, the potential for significant gains under a cents-per-ton royalty is also very limited. The royalty holder will not share in any increases in the market price of the end product or any cost reductions achieved by the producer."

Jan 1, 1989

By Robert B. Parsons

"This article is based on a paper presented by Jim Scott at the 1988 annual convention of the Prospectors and Developers Association of Canada. The paper suggests a number of factors that might be taken into account in negotiating royalty terms.IntroductionRoyal ties are a part of mining life in Canada. They are used by many kinds of individuals in many kind s of situations. Prospectors commonly take royalty interests back when they transfer claims to development companies. Mining companies disposing of undeveloped (or sometimes even developed) properties are often paid at least in part by royalties. Royalties are even used by institutional investors with no other connection with the resource industry.Such different royalty holders have different investment goals, different cash flow requirements, and different risk / return preferences. These differences have given rise to a number of different royalty type s. These types range from the simplest cents-per-ton royalty (where the operator pays a royalty at a fixed rate per ton milled) to net smelter return or ""NSR"" royalties (where the royalty is based on a percentage of the operator's NSR) all the way to net profit interest or ""NPI"" royalties (where the royalty is based on the operator's bottom-line net profit),The fundamental difference between the many royalty types is in the risk/ return relationship. The cents-per-ton royalty, for example, is relatively risk-free. Of the many economic factors which affect a mine, the only one which will affect the royalty holder is the amount of ore physically milled. On the other hand, the potential for significant gains under a cents-per-ton royalty is also very limited. The royalty holder will not share in any increases in the market price of the end product or any cost reductions achieved by the producer."

Jan 1, 1988

Mining Impact in Water Quality: Understanding the conflict Mining is an industrial process Metal mines that chemically process ore to concentrate metals such as copper and gold use more water than non-metal mines such as coal, salt and gravel. Tailing Ponds Water contaminated with high concentrations of metals, sulphide minerals, dissolved solids, or salts can negatively affect surface water quality, aquatic ecosystems and groundwater quality.

May 1, 2013

Post--Crunch Financial Management -An Overview A. The Industry and the Capital Markets B. .The SME -De-risking the Current and New Assets Followed by: C. The Lender?s Perspective on Re-financing?Jeff Stufsky, BNPParibas, NYCD D. .The Agency/Export Credit Lender Perspective?Doug Macaulay, EDC, Ottawa E. The Foreign Political Insurance Perspective?Pierre Vieillescazes, Carrick-Bend, Washington, DC ?Four Fundamental Metal Models No Longer Prevail. ?Mining is in new ?waters?: so be prepared (next page). ?Capital markets are uncertain-so be your own financier first ?If tight capital may remain, prepare to triage based on cash-flow production (not oz, lbs, tonnes, etc) ?Know your banker/financier(and it should know mining) ?In the past, it was ?know your borrower? ?The climbing team can fall if one climber carries too much ?Constantly re-assess the risk matrix (and j/v?s), and ?De-risk/diversify both the asset and the capital base

May 1, 2010

By O. W. Borgeson, D. K. Honsberger, R. T. Bell

The Scully Mine, situated in the Labrador Trough near the Quebec-Labrador boundary, is one of the world's largest continuous ore deposits. This paper outlines the sequence of the mining operations from the planning stages to the delivery of the ore to the crusher at an average rate of 50,000 tons per day, 7 days per week. The principal equipment required to maintain this production rate includes four 12.\1.1-inch rotary drills, seven 8-cu.-yd electric shovels and a fleet of large haulage trucks. Particular attention is given to grade control, programmed by computer, drilling and blasting techniques and operational aspects inherent with open-pit mining in Canada's North.

Jan 1, 1969

By Jonathan Peck, Jim Gray

"While the mine developer looks for bigger and better orebodies in countries offering lower risks to development capital, the opera-tor of existing mines is looking for bigger and better ways to use his existing resources. Mining operations today utilize a variety of stand-alone systems for planning and managing their operations. In both small and large mines, payroll, accounting, inventory, planning, and engineering requirements are met using a combination of manual and computer-based systems.Technical advances and new enabling technologies are changing how mines are doing business. PC-based systems are allowing small operations to join the larger mines in using advanced computer-based systems. Advanced monitors are being used in maintenance to track, predict and correct the health of production equipment. Production monitoring systems are used to measure the performance of operating equipment and personnel in real time. This detailed information on how much, where, when, and by whom is being used for proactive management and planning. Ultimately, this information can be used to optimize and control the machines’ activities, eventually leading to robotic and autonomous operation of mining equipment.As the use of technology increases in mining, specific information objectives are being met but other problems are being created. The life cycle of technology is small, and as current systems are replaced by newer ones, integration problems and additional end-user training are created. In addition, onboard monitoring systems can create large volumes of data, data which are frequently archived without being analyzed. Mine operators are also duplicating efforts applying new technologies in an effort to be more competitive, but in doing so are creating interfaces which are only compatible with their own facilities. As system development moved from the centralized mainframe computer to the PC environment, the fragmentation of these systems became more pronounced.To efficiently continue in adapting and utilizing advancing technology, the mining industry needs to develop a system architecture that readily integrates as many sub-systems as possible. This will provide a framework for existing system integration and design guide-lines for future development. The Total Mining System (TMS) concept will allow a network of stand-alone functional modules to be readily integrated with minimal effort. This paper will discuss some of the current technologies cur-rently in use in some surface mine operations.In addition, a description of the information system and communications requirements that will be needed to integrate these components in the future, will be discussed."

Jan 1, 1996

By B. R. Richards, B. G. W. Robinson

"This paper shows how metal values can be profitably won from a comparatively small and remotely located but high-grade orebody. To do so is not uractical for a large mining company, with its necessarily high overhead of services and organization essential to a large producer.To evaluate, develop and profitably exploit a limited but defined ore deposit becomes only a problem of determining the dollars required to win the dollars available. This paper will record how this was carried out during 1965 and at the same time describe the history, development and production plant of this property."

Jan 1, 1966

By James D. Hall

THE Dome ore-bodies are more or less isolated and are mined. by shrinkage stoping. An interwoven system of veins is mined at Hollinger '.1.nd requires close filling. Deep mining is the problem at McIntyre. Dome ore contains a large amount of free gold, which is recovered on blankets. An all-cyanide flow-sheet is \lSed in the Hollinger mill. Flotation concentration is an important feature of McIntyre mill operation. Therefore, these three mines afford an unusual opportunity to compare gold mining and milling methods. The purpose of this paper is to describe the conditions existing at the Dome, Hollinger, and McIntyre mines and to outline the mining and milling practice at each property. Figures 3, 4, 5, and 7 are reproduced from the Canadian Mining ]011rna/, September, 1935 (Young, A. W., Mining at Hollinger), and Figures 8 to 11 from the Engineering and Mining Journal, November, 1933 (Keeley, D. E., Development and Mining at McIntyre). The photographs (Figures 6, 12, and 13) are by The Canadian Government Motion Picture Bureau. Diagrams of the several mill flow-sheets, which formed a part of the original paper, are not reproduced here. They will be found in Dorr's Cyanidation and Concentration of Gold and Silver Ores.

Jan 1, 1938

By Staff

The Tetreault mine, operated by the British Metal Corporation (Canada), Limited, holds a unique position in Canadian mining, being the only steady producer of zinc in Canada east of the Rocky mountains. Its importance in Canadian zinc production may be gauged with some accuracy, since, in 1927, it was responsible for over 13 per cent of the zinc output of the Dominion. In addition, it also made valuable contributions to the production of lead, silver, and gold. Location: Situated in the foothills of the Laurentian mountains, 600 feet above sea level, 20 miles from the St. Lawrence river, and 52 miles due west from the city of Quebec, the property is in the township of Montauban, county Portneuf, Province of Quebec, as shown in Figure I. The municipality of Montauban, immediately adjoining the mine, has a permanent population of 700 people and is six miles by road from Notre Dame station on the main line of the C.N. Rys. between Montreal and Chicoutimi-Notre Dame being n6 miles by rail from Montreal. Connection by 19 miles of dirt-and-gravel road with the Provincial highways' system of Quebec Province, the city of Quebec, which is distant 78 miles, can be reached by automobile in less than three hours, while the distance to Montreal by road is 16o miles .

Jan 1, 1928

By Krishna Parameswaran

In this paper, we attempt to answer an often asked question, how can metal mining be compatible with the principles of sustainable development. Starting with the classic Brundtland Commission definition of sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs," we make the case that mining is or should be sustainable, using examples of sustainable practices at ASARCO LLC, an integrated U.S primary copper producer. These examples cover the entire mining cycle starting with exploration, mining, beneficiation, smelting, refining, closure and post-closure and post-mining land use. It is hoped that the presentation will challenge the mining industry to even greater innovation as future mineral development projects are planned.

Jan 1, 2015

By W. G. Scott

IT IS APPROPRIATE that your Institute should have chosen, for its 1956 Annual General Meeting, the Capital City of a province which is making such rapid advances in mining. The railway industry is proud to be playing an active role in this development, expenditures on equipment and railway construction in the Province of Quebec alone in recent years being in ?excess of a quarter of a billion dollars. In looking up some background material for this address I ran across a definition of a mine by Mark Twain, the great American humorist, which I thought might amuse you. He said that a mine was "a hole in the ground owned by a liar". I am sure that if he were alive to witness the enormous value attached to Canada's mineral resources today he would quickly change his definition. Canada's postwar record of mining development has been staggering in its variety and enormity. Historically, only the ?construction of our transcontinental rail ways outranks the largest of three of these development projects - the aluminum undertaking at Kitimat; the Quebec-Labrador iron ore deposits ; and the petroleum and natural gas developments in Wes tern Canada.

Jan 1, 1956

By W. J. Mcgaughey, R. G. McCreary, S. C. Maxwell, R. P. Young

"Seismic tomography is a process for obtaining images or maps of seismic velocity or other seismic properties of a rock mass. Seismic velocity images reveal variation in elastic moduli which, in tum, are related to several properties required in the geological or geomechanical assessment of a rock mass. Seismic velocity is sensitive to lithology, discontinuities, and in situ stress. Spatial or temporal variation of these properties may be indirectly assessed. Tomographic measurements are sensitive to volumes of ground, rather than determinations at points, or along lines or surfaces, as in conventional geological or geomechanical measurements or mappings.Tomography surveys are complementary to conventional measurements as they have the capability to interrogate a substantially larger volume of ground. They are thus useful in discerning trends or patterns in regions between or surrounding conventional ""point"" measurements of lithology, rock quality, stress, or other parameters of interest. Seismic velocity images give broad indications of trends in velocity; their spatial resolution of ground properties is typically on the order of five to ten per cent of the nominal survey dimension.Research in seismic tomography has been carried out for several years, and the capabilities and limitations of the technique in mining environments are beginning to be understood. This report reviews the present capabilities of seismic tomography surveys in mining, emphasizing rock mechanics applications. Six case studies are used as examples to demonstrate the capabilities of the method in assessing lithological variation, density and orientation of discontinuities, and the effects of stress."

Jan 1, 1994

By Claude Bourgoin

"The Copra massive sulphide deposit occurs as a continuous slab of ore dipping at approximately 40 degrees within a sericite schist formation. The orebody has been delineated over a distance of more than 5,000 feet down dip. This paper is mainly concerned with the mining procedure, and particular reference will be made to the use of steel mill holes and hydraulic roof supports. The gravel backfill line, which is operated both by gravity and hydraulically, is described. The paper mentions some of the operational problems, discusses the feasibility of longwall mining and presents the information obtained from stope testing."

Jan 1, 1966

"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 Barnard Foo

Topics of Discussion ?Location ?Production & Mining Operation ?Mineralization ?Mining Method ?Rock Mechanics Issues ?Ground Control Problems ?Numerical Analysis ?RockmassBehaviour ?Conclusions & Recommendations ?Discussion

Feb 1, 2008