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By G. A. Gross

"The Soviet Union has enormous reserves of iron ore in many different kinds of deposits that are widely distributed in this vast land area. The present iron ore industry is based mainly on deposits in Precambrian cherty iron-formation at Krivoy Rog, Kursk and Murmansk. Extensive reserves of both naturally enriched hematite ore and magnetite iron-formation in these areas alone could sup-ply all the domestic ore required for several hundred years.Many contact metasomatic magnetite deposits discovery in recent years in the eastern Ural Mountain belt and east of the Kusnetsov basin in Siberia are being developed, with ore reserves measured in billions of tons. Oolitic limonite-chamosite-siderite ores of Cretaceous and younger age at Kerch on the Black Sea and around the east and southern perimeter of the West Siberian basin constitute some of the largest concentrations of iron in the world. These sedimentary ores are low grade, of poor quality and difficult to beneficiate. Banded jasper magnetite and hematite iron-formation in volcanic rocks of Devonian age in Kazakhstan and along the Mongolian border are of special geoloica1 significance.Iron deposits in the Krivoy Rog and Kursk areas were examined and a large number of geologists discussed their work on deposits in many other parts of the Soviet Union during the writer's seven-week study tour of mines and research institutes in Moscow, Leningrad, Novosibirsk in Siberia and Kiev in the Ukraine. The descriptive geology of iron deposits of useable ore and of marginal material has been well documented in the course of systematic work and a large number of scientists are studying fundamental problems on the origin and treatment of iron ore."

Jan 1, 1967

By Frédéric Bélanger, George P. Demopoulos, Pascal Coursol, Thomas Feldmann

"The use of scandium in industrial applications is expected to rise in the coming years, in large part due to the expected adoption of new, clean energy technologies such as solid oxide fuel cells or Sccontaining high strength aluminium alloys. Given that the supply of Sc is currently dominated by only a few countries (Russia and China) other sources for scandium extraction need to be investigated. This paper looks at different options for the recovery of scandium from waste solutions generated during the production of TiO2 pigments via the chloride process route. In particular, a direct solvent extraction (SX) approach and possible options for concentrating scandium before the SX step were investigated. It was found that the presence of Ti during solvent extraction causes severe formation of stable emulsions, which can complicate the successful application. This was particularly a problem after multiple contacts of the organic phase with fresh aqueous phase. On the other hand it was noticed that the presence of certain elements in the solution, e.g., iron, could possibly be utilized to concentrate scandium in a solid precipitate.INTRODUCTIONMany newly developed high-tech products depend on the use of chemical elements that are only produced in very small quantities. This can result in high and fluctuating prices, as can be seen from Figure 1, which may cause substitution with inferior alternatives, if possible at all (Reck & Rotter, 2012; US Dept. of Defense, 2013; Whittaker, 2011). One example is scandium (Sc) a member of the extended rare earth element family. There are only a few scandium ore deposits, but most Sc is produced from the processing of by-products of other metallurgical processes (Melcher & Wilken, 2013). Increasing demand for scandium metal and oxide (Sc2O3, scandia) is coming from its increased use in applications such as ceramic lasers (Li, Ikegami, & Mori, 2005; Rainer et al., 1982), high strength aluminium alloys (Lathabai & Lloyd, 2002) as well as solid oxide fuel cells (SOFC) (Thijssen, 2011). Especially, the spread of climate friendly SOFC’s, which are a commercial product today (Bloom Energy, 2014), is expected to be a main driver for future Sc2O3 demand. However, the rate of market penetration of this green technology depends on the availability of high purity Sc2O3 (>99.999%), since it specifically contributes to longer life-time and better safety of the SOFC’s (Bloom Energy, 2014; Irvine, Politova, & Kruth, 2005)."

Jan 1, 2016

By E. Sharifi, B. Komishke, R. Heffel, D. Schwartz

"The oil sands resources in Canada are one of the world’s largest hydrocarbon deposits. Processing of oil sands uses hot water to extract bitumen. The process generates tailings slurry that must be settled for final deposition. The tailings contain fine material, with poor water release characteristics which makes water recovery challenging. Polymer flocculants are added to assist in settling and dewatering the fine tailings. The amount of polymer addition is dependent on tailings characteristics, including the particle size distribution (PSD). If the PSD of the tailings is unknown, an excess amount of polymer needs to be added in the dewatering stage to flocculate the particles. Over flocculation also has a detrimental effect on the water release characteristics. Measuring the particle size distribution using an on-line analyzer could have major benefits over common laboratory methods as it provides online and fast insight into the process enabling the operators to implement required changes to minimize the reagent consumption, while achieving optimal flocculation. Online measurement of PSD using laser diffraction has long been used in base metals beneficiation processes. A series of test work using Outotec PSI500® particle size analyzer on oil sands samples from different operations have been conducted. Tests were performed by recirculating the slurry in closed circuit to simulate real plant conditions. This paper presents a summary of the results.INTRODUCTION Canada’s oil sands are the third largest reserves of crude oil in the world, with an estimated 165.4 billion barrels of recoverable oil (Government of Alberta 2016). Oil sands are a mixture of sand, water, clay and bitumen. Bitumen is a form of oil that is too heavy or thick to flow or be pumped without being diluted or heated. About 20% of bitumen reserves are close enough to surface to be mined. In mining methods, oil sand is transported from an open pit mine to the processing plant and bitumen is separated from solids and water. The separation process involves ore preparation, such as addition of hot water, steam and caustic (NaOH), followed by gravity separation and froth treatment (Masliyah et al. 2004). A general scheme of the extraction process is presented in Figure 1."

Jan 1, 2018

By C. Butcher

Numerical simulations of straight tube hydroforming of a dual phase steel were performed using both upper and lower bound constitutive models for porous ductile materials. The Gurson model is based upon an upper bound approximation to the material behavior and thus overestimates formability. Conversely, a lower bound solution to Gurson's unit cell geometry was developed by Sun and Wang to provide a conservative estimate of formability. The effect of a compressive axial load (end-feed) on damage development and tube formability is investigated. The resulting upper and lower bound models successfully captured the experimentally determined burst pressure, formability and failure location.

Jan 1, 2010

By T. Johnson, K. Lambrych, D. Kelley

Materials for construction of equipment used in hydrometallurgical plants are selected based on a combination of their ability to perform as required in aggressive process environments as well as their cost. As a material of construction, fiber reinforced plastic (FRP) has been shown to provide equal if not improved durability relative to alternative materials such as corrosion resistant alloys at a considerably lower cost. This is particularly true in the case of equipment used in acid leaching processes for copper, cobalt, nickel and rare earth elements. The selection and extensive use of FRP over alloys in new hydromet plant construction in North and South America illustrates this advantage of FRP effectively. This paper will compare corrosion performance and cost of plant equipment fabricated with stainless steel alloys and FRP made with Epoxy Vinyl Ester thermoset resins. Real world case histories for FRP piping, storage tanks, extraction vessels, and electrowinning cells combined with laboratory based corrosion studies will be reviewed to demonstrate how FRP materials are selected for hydrometallurgical equipment.

Jan 1, 2015

By S Grönstrand, C. Perez, A. B. Yañez, F. Coddou, P. Morales, H. Elgueta

"The TankCell® 300 forced air flotation cell designed and built by Outotec, with active volume of over 300 m3, was installed at Codelco’s Chuquicamata concentrator in September 2008. After that, a program was conducted, where the new cell was tested against the plant’s existing flotation cells of type TankCell® 160, with an active volume of over 160 cubic meters.Testing program was exhaustive and detailed. Grade-recovery curves for each setup were reported, along with recoveries by particle size. Secondly, operational characteristics like air feed and froth height setpoints, and power consumption are compared side-by-side. As the third topic, gas dispersion characterization included velocity mapping, holdup, bubble size and bubble surface area flux operating range. The fourth area of interest was the retention time distribution (RTD) of the 300 and 160 m3 cells in comparison. A detailed campaign using radioactive tracer tests was conducted to clarify this.All of the investigations mentioned above are reported in separate papers for more detail. The aim of this paper is to collect the key findings, and present them in real terms, always referring to operability and metallurgy of the cells. It is destined for people designing new plants and to those improving and expanding existing ones. The most frequently heard question is: will the new large cells operate at same efficiency as the smaller ones. In short, the answer is: NO. They operate at improved efficiency!INTRODUCTIONIn the last two decades of minerals processing, there have been three dominant trends of development in the flotation technology: equipment scale-up, cell characterization and circuit modeling. Equipment scale-up has been rapid in the past two decades. In the year 1990, the largest flotation cell in use was 50 cubic meters of size. This year, 300 cubic meters is the largest installed cell. Characterization of flotation equipment and circuits is a very popular subject nowadays and has helped many operations to improve their recoveries through better control strategies, for example by using optimized air feed and level control profiles (Gorain, 2005), (Doucet, Gomez, Finch, 2006), or through better maintenance (Coleman, Urtubia, Alexander, 2006). Characterization work is closely linked to circuit modeling. The aim is to produce sufficient amount of data to allow reliable model building. These models are then used to design new circuits and to improve existing ones. So in summary, these three lines of development have slightly different aims – from capital and operational cost to performance optimization. Ultimately, they converge in the same end result – maximizing the profitability of the operation. Following chapters will summarize the extensive test work and scientific studies at Codelco Chuquicamata. The aim was to compare a TankCell® 300 cell, with nominal volume of 300 m3, against two TankCell® 160 machines, with 160 m3 volume in each. The work should yield answers to questions: does the larger cell produce similar results – is the scale-up successful?"

Jan 1, 2010

By J. R. Jutras, C. Brissette, J. Champagne

"Pure cadmium sulphide was leached by the action of the bacterium Thiobacillus thiooxidans in the presence of finely divided sulphur. The influence of time, temperature, pH and concentration of inoculum on the extent of the cadmium extraction was studied. Under optimum conditions, up to 72 per cent of the cadmium could be dissolved over a six-week period. A cursory study of the role played by elemental sulphur seems to indicate that its presence is essential but that the sul1>huric acid produced through its oxidation is a minor factor in the cadmium extraction."

Jan 1, 1971

By D. J. MacKinnon, Kazi E. Haque

Ammonia present in a variety of mine/mill waste waters was almost completely oxidized to nitrogen by chloride mediated electro-oxidation. A closed circuit operation of preconcentration of ammonia on a suitable adsorbent (e.g. zeolite or a resin) followed by brine stripping of ammonia and electrolysis of the strip liquor seems to have sound technical, economic and environmental merits. The removal of ammonia, cyanide, cyanate or thiocyanate from a mine/mill waste water (e.g. gold mill), either individually or collectively, is also feasible by chloride mediated electro-oxidation technique. Further R&D investigations are necessary for the development of a closed circuit operation for the removal of ammonia, cyanide and thiocyanate; and also to obtain technical data for process cost estimates

Jan 1, 1996

By C. Dupuis, P. Waite, S. Leboeuf

Casthouses throughout the aluminium industry commonly use chlorine gas as a fluxing agent for furnace and in-line treatment of molten aluminium alloys. Its positive impact on the removal of alkali elements and non-metallic inclusions is well known. Nevertheless, the elimination of its use is highly desirable due to the safety and environmental risks associated with storage and handling. Over the past decade, the aluminium industry has significantly reduced its chlorine consumption. This has been achieved by maximizing the chlorine gas utilization efficiency during metal processing, and by the chlorine replacement for crucible and furnace metal treatment applications. Operation of sealed in-line treatment units without chlorine is now possible, but with lower or inconsistent removal efficiency penalties for alkali and inclusions respectively. This paper reviews the progress made at Arvida Research and Development Centre regarding the reduction of chlorine and the development of an alternative to chlorine for in-line metal treatment without penalizing the metallurgical performance.

Jan 1, 2006

By Th. Hassel

The application of magnesium as an absorbable biomaterial demanded the consideration of the alloy composition, the mechanical properties and the corrosion a special adapted material development in terms of the human biological system. Magnesium for technical applications mostly comprised alloying elements up to 10 wt%. Thereby often metals (e.g. rare earth and aluminum) with high toxic potentials are used to optimize the mechanical properties. To minimize toxic reactions during the degradation of a absorbable magnesium alloy, the Mg-Ca system is being selected and investigated because both elements belong to the mineral nutrients. Rods and small tubes are produced by extrusion of gravity die casting billets (Ca-content 0.4 to 4.0wt%). The positive grain fining influence of calcium and its improvement of the corrosion behavior are additional advantages. The microstructure, the mechanical properties and the corrosion attitude are investigated. The results show that an optimal composition of micro alloyed Mg-Ca and ideally processing parameters lead to 16% strain and a tensile strength up to 185MPa. Electrochemical investigations and measurements of the hydrogen production demonstrate the influence of the Ca-content to the corrosion behavior of the investigated alloys.

Jan 1, 2006

By D. H. Ryan, B. Abdul, M. Pernechele, E. Asselin

Hydrometallurgical processing of sulphide concentrates at medium temperature (150°C) produces residues, which contain valuable metals (Cu, Ni) as well as sulphur and iron bearing minerals and phases. The low solubility of iron during the medium temperature processing of sulphide ores can favour the formation of poorly crystalline, nano-scale iron oxide/oxyhydroxide phases. A better understanding of the formation and structure of these iron precipitates may elucidate key factors that would ultimately result in lower valuable metal losses and more stable leach residues. Residues from two medium temperature leach processes were characterized by Mössbauer Spectroscopy. Some portions of the Mössbauer Spectrum were suspected to be linked to jarosite but could not be positively identified as such. There was a broad range of disorder and substitution present in the material and solely attributing it to jarosite proved difficult. Various synthetic jarosites with Cu substitution were precipitated for Mössbauer analysis. These were then characterized by Quantitative X-Ray Diffraction (QXRD), Scanning Electron Microscopy (SEM), Inductively Coupled Plasma Mass Spectroscopy (ICP-MS) and Mössbauer Spectroscopy. The Mössbauer Spectra of the synthetic jarosites is compared with that of the residues from medium temperature (150°C) sulphide concentrate leaching.

Jan 1, 2014

By P. K. Gummer

Gold was fir t di covered on the Seabee property in 1947 by the Con olidated Mining and Smelting Company Limited. Acquired by Claude Resource Inc. in 1984, the property is now being explored by Placer Development Ltd . in joint venture with Claude Re ources. Between Augu t, 1985 and March, 1986, Placer completed 54 drill holes, extending the main o. 2 and o. 5 vein y tern to a depth of 1000 feet below surface and di covering two new satellitic gold zone 800 feet west of the o. 5 gold zone. Drill proven and probable geological re erve in four zone ( os. 2, 5, II, 14) to a vertical depth of 1000 feet, are approximately 1,120.000 tons averaging 0.32 oz. Au/ton.

Jan 1, 1986

By R. G. K. Morrison

By arrangement between the Ontario Mining Association and Messrs. John Taylor & Sons, Mining Engineers, 6 Queen Street Place, London, E.C.4, the writer was engaged for a period of not more than three months to report on the rockburst situation in Ontario mines. This was later amplified, by mutual agreement, to include, at the expense of detail, visits to the larger camps where rockbursts had not occurred, to get a general picture of conditions and to discuss the subject with operators in their respective areas. Scope of Activities Visits were paid to the following properties for the purpose of enquiry and discussion; the underground workings of those mines marked with an asterisk were visited on one or more occasions: KIRKLAND LAKE * Macassa Mines, Limited * Kirkland Lake Gold Mining Co., Ltd. * Teck-Hughes Gold Mines, Limited * Lake Shore Mines, Limited * Wright-Hargreaves Mines, Limited Sylvanite Gold Mines, Limited Toburn Gold Mines, Limited EAST KIRKLAND & LARDER LAKE Upper Canada Mines, Limited Chesterville Larder Lake Gold Mtng Co., Ltd. Kerr-Addison Gold Mines, Limited Omega Gold Mines, Limited PORCUPINE * Hollinger Consolidated Gold Mines, Ltd. * Mcintyre Porcupine Mines, Limited * Dome Mines, Limited * Buffalo Ankerite Gold Mines, Limited Paymaster Consolidated Mines, Limited Preston East Dome Mines, Limited Pamour Porcupine Mines, Limited Broulan Porcupine Mines, Limited Hallnor Mines, Limited Naybob Gold Mines, Limited Delnite Mines, Limited Moneta Porcupine Mines, Limited DeSantis Porcupine Mines, Limited Coniaurum Mines, Limited SUDURY lnternational Nickel Co. of Can., Ltd. * Falconbridge Nickel Mines, Limited LITTLE LONG LAC AREA * Little Long Lac Gold Mines, Limited MacLeod-Cockshutt Gold Mines, Ltd. Hard Rock Gold Mines, Limited Bankfield Consolidated Mines, Limited Magnet Consolidated Mines (1936), Ltd. à PICKLE LAKE AREA * Central Patricia Gold Mines, Limited * Pickle Crow Gold Mines, Limited UCHI LAKE * Uchi Gold Mines, Limited McKENZIE ISLAND AREA Gold Eagle Gold Mines, Limited * McKenzie Red Lake Gold Mines, Ltd. * Cochenour Willans Gold Mines, Limited RED LAKE * Howey Gold Mines, Limited Hasaga Gold Mines, Limited Madson Red Lake Gold Mines, Limited

Jan 1, 1942

By M. W. Airth

ON THE 6TH JULY in the year 1953 an announcement was made to the public that touched off one of the greatest staking rushes in the history of mining in Canada and resulted, in tl1e space of a few short years, in the development of the greatest reserves of uranium-bearing ore in the world. It was ?On this date that the famous "Blind River back-door staking bee" was completed with the acquisition of some 2,000 claims by the Preston East Do me-Technical Mine Consultant teams under the direction of Mr. Franc Joubin and Mr. Robert C. Hart. That story has been told from coast to Coast and is too well known now to re-quire elaboration. Suffice to say that, in the short elapsed time of less tl1an five years from that momentous summer of 1953, three of the Algoma mines are in full production, three more are rapidly nearing full production, five more 1are approaching the production stage, a new hard-surfaced highway, 108, has been built to serve the area, and a brand new, completely planned city, Elliot Lake, is being built to provide the amenities of living to the 22,000 people already in the area.

Jan 1, 1958

By D. Marcotte

The Rock Quality Designation (RQD) is a standard scalar measure of rock quality used in common rock mass classification systems (e.g. RMR, Q system). RQD is measured along diamond drill holes. RQD interpolation between holes is nontrivial. Despite the inherent limitations of drill hole data and the local complexities of structural geology, it is often the only information available for mining and major civil engineering projects. Therefore, maximizing the usefulness of this data is warranted. We derive a correction for directional effects that help reduce the bias and improve the accuracy of the estimations. The correction is derived with the aid of numerous simulations. It relies on simple information, the angle between the joint normals and the borehole axis (JO). A reference direction is identified as the borehole direction with smallest JO. A multiple linear regression model based on JO statistics in the various boreholes defines the correction model. The corrected RQD values are then interpolated. It is shown the method enables reducing the bias on RQD estimation by 50% and improves the accuracy of the estimates by 30%. The corrected RQD values show stronger spatial continuity than the raw values. The benefits of estimating the RQD indirectly by using joint frequency measures are also assessed.

May 1, 2003

By W. A. Jones

"The Hollinger gold mine is in the Porcupine area, Cochrane district, in northern Ontario. The adjacent town of Timmins, which has a population of 25,856, lies 490 miles by railway north of the city of Toronto.The property was staked in the late summer of 1909. The original four claims were staked by Benjamin Hollinger, after whom the mine was named. Development commenced in the autumn of 1909 and mill construction in the winter of 1910. A catastrophic forest fire swept the district in 19ll, destroying the surface plant, so that the original 300-ton mill was not completed until June 1912. From that date up to December 31, 1945, 44,280,750 tons of ore have yielded 13,636,796 oz. gold and 2,613,354 oz. silver. The total value of the production has been $363,638,315.0REBODIES AND MINERALIZATIONThe orebodies consist of quartz veins, stringer lodes, and scockworks, with associated pyritized wall-rocks. The width of individual orebodies, as exposed by mining operations, ranges from 1 to 70 feet and averaged approximately 10 feet in 1942. The vein system forms a complex pattern in a favourable zone, which in places is 6,000 feet long and 4,000 feet wide. The deepest level being developed is 5,150 feet below the surface. Few veins are persistent for long distances, although some are continuous for more than 1,000 feet longitudinally and vertically.The host rocks consist of a closely folded series of Precambrian lava flows of Keewatin age. These are schistose and hydrothermally altered, but are believed to have originally been of intermediate to basic composition. The schistosity strikes N.70°E. and dips to the south at 75° to 80°. The structure of the formations is complex, but in the principal ore-bearing zone the general dip of the flows is to the south at a slightly flatter attitude than the schistosity."

Jan 1, 1954

By F. P. Morawski, J. E. Schelske, J. R. Geddes, B. R. Eberts, D. M. Wilson, J. D. Jeffries

"The Griffith Mine is located 200 miles northeast of Winnipeg and is 30 miles south of Red Lake, Ontario. Owned by The Steel Company of Canada Limited and managed by Pickands Mather & Co., it has an annual rated capacity of 1.5 million tons of high-grade iron ore pellets with an analysis of 66.3 per cent iron and 4.5 per cent silica.Development of the mine and construction of the plant got underway in January of 1966 and operations began in February of 1968. The orebodies outcrop on the shore of Bruce lake and run under the lake. The ore in its crude form is a metasedimentary low-grade magnetite and occurs in a highly folded banded formation. The average iron analysis of the crude is 29 per cent and the over-all weight recovery is 32 per cent.In order to mine the portion of the orebody under the lake, the soft varved clay on the lake bottom was hydraulically dredged and a dyke constructed of rock, with till used to provide an impervious seal on the lake side of the dyke, prior to dewatering.Mining is carried out by conventional open-pit tech-niques. Ore dressing is achieved by combining one crushing stage and a two-stage grinding system, with beneficiation by magnetic separation, hydroseparation and flotation. Agglomerating is done with conventional balling drums and pelletizing is carried out in shaft furnaces.Of interest and discussed in detail are the 32-foot autogenous cascade mills ."

Jan 1, 1970

By W. A. Jones

Purpose of Paper Geophysics is a highly developed science which has found a wide use in industry. Perhaps the most spectacular application has been in the field of oil exploration. It has been estimated that, up to the end of 1939, geophysics was responsible for the discovery of five billion barrels of oil. In 1944, the sum o $40,000,000 was expended for geophysical work in the search for new oil deposits. Although the metal mining industry has so far made comparatively little use of the science, it is becoming increasingly common for the exploration engineer or geologist to be required to co-operate with the geophysicist. Many papers dealing with applied geophysics have been published but in most of them advanced training in physics and mathematics on the part of the reader has been assumed. It is difficult for the average engineer to obtain a ready understanding of the equipment, field procedure, and scope and limitations of the science from the literature. The present paper attempts to describe briefly and in simple terms the principles underlying magnetic, self-potential, and electrical resistivity methods and their application to a field problem. Introduction Geophysics is concerned with the study of gravity, magnetism, natural earth currents, earthquakes, vulcanism, and many other natural phenomena. The methods, originally devised for the measurement, for scientific purposes, of the forces associated with such phenomena have been adapted to the search for buried deposits of economic value. If the body sought has large dimensions and distinctive physical properties, geophysical measurements may reveal associated, and in some cases quite characteristic, anomalous features. However, in many instances the mass cannot be indicated directly but has a common association with geological features which can be defined by physical measurements. Although such surveys cannot specifically identify oil, metalliferous minerals, or other commercially valuable substances, it is possible to delineate anomalous sub-surface physical features which, with the help of geological information, can be assessed as possible or probable indications of the body or structure sought. The nature and extent of the material causing an anomaly, and its economic importance, can only be determined by further exploration, such as drilling.

Jan 1, 1947

By Louise Corriveau

A Targeted Geoscience Initiative transect in the eastern Grenville Province reveals an extensive VHMS-style cupriferous hydrothermal system among rhyolitic pyroclastic rocks of the Wakeham Group at La Romaine, Québec. The volcanic rocks outcrop sporadically along a < 10 km-wide by about 100 km-long belt correlated with the south-eastern extension of the Wakeham Group. This belt occurs among voluminous, magnetite-bearing, granitic gneiss. At Lake Musquaro, 1.51 Ga metarhyolitic to dacitic lapillistones and flows, locally with aluminous nodules and veins, are intruded by 1.49 Ga feldspar porphyries. This volcanic package was deposited on typical Wakeham Group arenite (< 1.52 Ga) interbedded with nodular, muscovite- and fibrolite-bearing gneiss, and minor marble hosting finely layered garnetiferous hornblendite, garnetite and magnetite-bearing coticule. The latter are interpreted as meta-exhalite and with the associated albitite (sodic alteration), aluminous veins (hydrothermal leaching) and magnetite-rich granitoids, they are key elements in the search for concealed mineral deposits in this area. At La Romaine, to the south, 1.5 Ga lapillistones outcrop structurally above metasediments and below a composite amphibolite unit of uncertain origin (lava or sills) with magnetite-rich (BIF?) units. An extensive zone of aluminous gneiss, with lapilli textures, provide evidences for severe hydrothermal leaching of the volcanic rocks prior to metamorphism. An adjacent siliceous vein-textured unit likely represent a zone of intense silicification (74 wt.% SiO2), while aluminous, hematite to magnetite-bearing veins in adjacent felsic gneiss (tuff?) preserve evidences for the sequence of alteration events. Despite granulite-facies metamorphism, the main characteristics of the amphibolite unit persist along the entire belt. This competent unit likely served as a cap rock; the garnetite, diopsidite and hornblendite it hosts provide effective guides to the sites of fluid discharge and mineralization. A number of Cu showings, modest in size, were discovered in this unit. Their systematic occurrence, in a structural-stratigraphic sense, indicates that this setting is attractive for mineral exploration despite high-grade metamorphism and deformation. Late-stage veins laden with fluorite crosscut these alteration zones, and are themselves metamorphosed, indicating that hydrothermal activity was polyphased. SHRIMP U-Pb ages obtained on detrital zircons (1 arenite) and on igneous zircons (5 volcanic rocks, 1 porphyry and 6 granitoids), pervasive arc-type geochemical signatures and presence of in situ rafts of barium-rich garnetite in the granitoids indicate that sedimentation and volcanism occurred between 1.52 and 1.49 Ga coevally with hydrothermal activity and emplacement of a sub-volcanic 1.5 Ga granitic batholith with early, 1.53 Ga tonalite intrusion. Such a geological context can sustain large-scale hydrothermal cells and development of VHMS, Cu-Fe oxides or SEDEX deposits.

May 1, 2003

By Sabry A. Sabour

Metal price is among the key variables in the open pit optimization and the economic evaluation process. The common approach to handle metal prices in open pit mine planning is to optimize the ultimate pit and the mining schedules using a fixed, flat metal price. In this respect, metal price is assumed to be known with certainty throughout the entire mine life, which in some cases can reach 80 years. Given the volatile nature of metal markets and the metal price cycles, the conventional pit optimization approach may generate sub-optimized mining plans, which results in either extra costs to mining projects or lost revenues, or both. Long-term operational decisions such as future pit expansions, beyond the currently optimized limits, cannot be handled using the pit optimization approach based on flat metal prices. There is a growing interest in the mining industry to model and manage such market uncertainty in the pit optimization as well as the project evaluations in order to maximize the value of mining operations. In this paper, the author will outline a practical approach to optimize the ultimate pit taking into account the volatility and variability of metal markets. The proposed approach uses a combination of the pit optimizer of the commercial MineSight package and a simulation-based economic modeling real options valuation approach employing the least-squares Monte Carlo algorithm. MineSight pit optimizer employs both the floating cone for initial optimization exercise and the standard Lerchs-Grossmann algorithm. In this paper, Lerchs-Grossmann option will be used to generate the pit shells. Real options valuation approach used in this study is based on generating multiple metal price scenarios. Metal price uncertainty is modeled using stochastic metal price models such as the geometric Brownian motion and the mean-reverting process. The mining operational scenarios corresponding to the simulated metal prices are then optimized using the least-square Monte Carlo approach. The objective is to maximize the discounted cash flow value of the project while incorporating the operating flexibility to revise the operating status of the open pit with time as new information becomes available. The focus of this work is on the practicality of the proposed uncertainty-based pit optimization approach and the difference it can make to the technical operational mining decisions. A case study of a hypothetical open pit poly-metallic mine is provided. The deposit contains copper, gold and silver grades. The run of mine ore is sent to the process plant that produces copper concentrate with copper as the main metal and gold and silver as the by-products. Four uncertain variables are considered here include copper, gold, silver prices and foreign exchange rate. Both copper price and exchange rate are modeled using the mean-reverting process while gold and silver prices are modeled using the geometric Brownian motion. The case study is performed using both the conventional flat price pit optimization approach and the proposed uncertainty-based one to compare results.

Aug 1, 2013