Frontier Technologies That 1 Make' Mines

It is difficult to fail if one has a great deposit, but 'great' ore deposits are few and far between. More often one hears that a mine has been 'made' rather than found. This is particularly true for industrial minerals and for gold and silver projects. Even the best ore deposit can often be improved through innovative technology, e.g. the Escondida copper mine in Chile, where a novel ammonia leaching process is yielding a fabulous DCFROI. Consider the case of a small high grade gold mine. Previous owners had found inadequate reserves to justify the capital cost of developing the mine and installing a mill. Lower grade resources had been ignored because the owners were looking only for grades that would be high enough to support a small underground mine and mill. Randol, assisted by Kappes Cassiday & Associates, determined that the ore was amenable for heap leaching. Secondly, existing drillhole data indicated a significant lower grade resource that appears to be accessible to open pit mining methods. In this case, the appropriate selection of off-the­shelf technologies has literally 'made' the mine. At the Randol at Vancouver '94 conference on Latin American Mining Opportunities, papers on innovative technolo­gies for exploration, mining, metallurgy and environmental management were presented in non-technical terms for managers and resource developers. It was surprising how few of the exploration- and finance-oriented delegates participated in these sessions. Numerous technologies were presented that could be added to one's arsenal of tricks to 'make' a mine, i.e. to convert resources into ore reserves through knowledge.