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By William E. Roscoe

"Valuation methods are well established for mineral properties with production or imminent production, and include discounted cash flow and comparable transactions. Valuation methods for non-producing mineral properties, however, are more subjective. Non-producing mineral properties include those at various stages of exploration, properties at the prefeasibility or feasibility stage, properties with currently uneconomic mineral resources, and past-producers. Different valuation methods may be appropriate for different types of mineral properties.Income approach methods such as discounted cash flow and option pricing are generally not applicable to properties at the exploration stage. The market approach is generally appropriate to all types of mineral properties, although it is difficult to find good comparables because of the unique nature of mineral properties and the small number of transactions. Cost approach methods, such as appraised value and geoscience factor, are commonly used for exploration stage properties.Canadian standards and guidelines for valuation of mineral properties are in the process of being finalized by a Special Committee of the Canadian Institute of Mining, Metallurgy and Petroleum (CIMVal Committee). The CIMVal Standards are intended to be consistent with National Instrument 43-101, which sets regulatory standards of disclosure for mineral projects, and with International Valuation Standards. The intent of the CIMVal Standards and Guidelines is that mineral property valuation be carried out by appropriately qualified individuals and that all relevant information be disclosed."

Jan 1, 2003

By Brian Rausch

Agenda ?? Refresher: Victor Project Execution ?? Operations Capability roadmap: ? Operations staffing starter group: design participation ? Operations staffing build up for production start-up ? Training and commissioning integration ? Turning OPSCAP ramp-up into a project ?? Go Live! The Results

May 1, 2009

By C S. Beals

The Dominion Observatory was founded in 1905 and, from the beginning, it work included research in both astronomical and geophysical science. During its first years, up to 1916, the Observatory also included geodetic surveying as part of it scientific program. Although, at the beginning of the century, geophysics did not have the close connection with mineral exploration that it now holds , the founders of the Observatory were men of vision, and they laid a solid foundation for the application of the techniques of geomagnetism, gravity and seismology to an understanding of the Canadian terrain of plain , mountains, seacoasts and shield area . The particular sphere which the Observatory occupies in the field of geophysics has been evolving over a period of many years and it has now a rather definite relation to the work of other government bodies, university science departments and industrial organizations. We have, for example, an over-all responsibility for the regional magnetic mapping of Canada and, as the magnetic field is subject to slow but steady changes, we produce new magnetic maps of the country every five years. These maps indicate the strength and direction of the magnetic field, the variation of the compass and the rate of change of the magnetic elements.

Jan 1, 1963

By R. D. Brown

"""A matter of serious concern to the mining industry in British Columbia""; this comment reflects the attitude of the Mining Association of British Columbia toward the proposed new B.C. Mineral Royalties Act. The proposed legislation, introduced by the provincial government in February and now being debated by the legislature, combines a basic 5% royalty on the selling price, less approved p1ocessing and transpo1•tation costs, of minerals produced in B.C. with an ""excess"" royalty of 50% of any price increases over a predetetmined base. Government estimates project annual revenues of $20 million from the new royalty structure. The accuracy of these figures has been contested by the mining industry. Based on current world prices for copper the industry estimates that the provincial revenues from this mineral alone may run as high as $140 million in 1974 and $150 million in 1975. The Mining Association has warned that the new royalties “threaten to become confiscatory""."

Jan 1, 1974

By Pierre Boulanger

This paper describes a generic technology for modeling in real time the various operations of surface mines. Based on various sensor fusion techniques and high-speed network, a virtual reality model of a mine capable of representing not only static infrastructures but also mobile equipment such as trucks and excavators is created. The modeling technique deal with a wide range of sensors such as survey data, satellite pictures, ore concentration, machine condition indicators, video, sound, real-time GPS locator, range sensor, etc. The model created allows for every piece of information to be displayed in context allowing for a better temporal and spatial correlation of events by mine operators, planners, and supervisors. Syncrude, a Canadian mining company located in northern Alberta, is planning to use this technology, not only to understand oil sands mining processes better, but also to give decision-makers better access to the timely, accurate information from the field that they need to make informed decisions.

May 1, 2001

By E. S. Moore

Introduction The geology of the Sudbury nickel field has been studied extensively, but there are few reports dealing with the structure of the interior of the basin. It was not until the Treadwell-Yukon zinc-lead deposits were discovered that attention was strongly directed toward the large-scale faulting that has split the basin parallel to its long axis. This faulting has been responsible for the , ore deposits in the basin and it may be regarded in many ways as the most important geological event, next to the intrusion and differentiation of the nickel eruptive sheet, that has occurred in the Sudbury region. The early reports on the nickel region by Bell, and Barlow, were chiefly concerned with the nickel-copper ores and with the formations of the region. Coleman was the first geologist to map the nickel eruptive as a continuous sheet around the belt and to emphasize its basin character. On the map accompanying his later report, he shows an important offset in the nickel eruptive at its southwest end, where the large fault cuts this portion of the basin, but the fault was not traced into its interior, as little detailed work was clone in the basin at that time. No ore-bodies had been developed outside of the nickel-copper deposits associated with the norite when the map was prepared, and attention was mostly concentrated on the nickel eruptive. Coleman did, however, map and name the various formations found within the basin and, in general, his delineation of these has remained the standard for prospectors and other workers in the field until the present day.

Jan 1, 1930

By F. R. Archibald

MR. A. F. B. Norwood: Having been associated in the past few years with nine different plants roasting aurif erous concentrates in Australia, two of which were new installations for which design and construction were undertaken by the writer, I read Mr. Archibald's paper with very great interest, and I deem it a great privilege, as a member of a sister Institution, to be invited to contribute to the discussion on the paper. I wish to congratulate the author on a very informative and interesting paper, and, although situated many thousands of miles away, I feel I have gathered from it a very close idea of the operating conditions and of the work that has been carried on at the Beattie gold mine. Working along somewhat different lines, it is interesting to note that the conclusions drawn by the author run closely parallel to those accepted in Western Australia, viz., that the object of roasting is to obtain a porous calcine, and that this can best be achieved by roasting first at a temperature below 900 deg. F. to 1,000 deg. F., and then raising the temperature at the finish of the roast. Turning first to the laboratory work, the materials I have studied in Western Australia cover a range from those with little or no arsenic to concentrates carrying as high ?as 20 per cent, i.e., even higher than in the analysis quoted for the eoncentrates from Nepheline Products, Limited. In the ease of arsenic-free pyrite concentrates, the roast is ideally carried out at a temperature ranging from 900 deg. F. to 1,000 ferric oxide is one cause of the refractory gold remaining In deg. F. No improvement in extraction is obtained when the calcines are cyanided by raising the final temperature above this point; nevertheless, in technical practice it is desirable to finish the roast at 1,200 deg. F. in order to decompose basic ferric sulphate and thereby reduce the consumption of chemicals in the subsequent cyanidation step. However, if at any stage of the roast the temperature is raised above 1,200 deg. F., the extraction by cyanidation falls, and continues to do so the higher the maximum temperature that is reached. Line A in the accompanying graph typifies this effect.

Jan 1, 1949

By M. Uszko

Methane drainage and ventilation methods of methane hazard mitigation are used in the coal mines of Kompania Weglowa S.A. Over 22% of methane released during mining activities is captured by methane drainage systems and transported to the surface. In this article we present development plans for utilization of methane captured and transported to the surface by methane drainage systems. The results of research on the possibility of economic utilization of methane concentrated in ventilation air that leaves the mine through fan diffusers are also described.

Aug 1, 2013

By T. Beamish, I. Vasilev, T. Nikolov, E. Marinov, D. Kirilov, P. Barrios

In April 2005, Umicore Copper de-merged from Umicore Group and created a new independent Copper company called Cumerio. As a separate company, Cumerio is a major European copper smelter and refinery and a leading producer of copper products such as wire rod, billets, cakes and specialty rod with a total production capacity of copper products in excess of 500,000 tpy with production plants in Belgium, Italy and Bulgaria. The Pirdop Smelter is the only state-of the-art smelter in South East Europe and it makes Pirdop the natural hub for the copper industry in the region. In order to be competitive in the international market the main challenges facing Cumerio are to maintain its low cost structure and to achieve higher production volumes while reducing its impact to the environment and striving for continuous improvement of the production process. Cumerio's state-of-the-art smelting facility in Pirdop has recently increased the anode production capacity to 250,000 tpy by the installation of the third evaporative cooler on the converters section that allows operating with three-hot converters. In April 2007 a general shut-down for repair and modification on the Flash Smelting Furnace and Waste Heat Boiler is envisaged. At this time a revamp of one of the existing Sulphuric Acid Plants is planned, resulting in a further copper capacity increase to 275,000 tpy with modest Capex. In 2005 Cumerio received from the Bulgarian Ministry of Environment and Water the Complex Permit under the EU IPPC criteria. Accordingly an Environmental Compliance Program was defined targeting a large reduction in the secondary emissions. The system will be commissioned in May 2007. In order to better integrate the smelter and refinery in Pirdop and to respond to the growing demand for cathodes in the region, a new state-of-the-art Electrolytic Refinery with an installed capacity of 180,000 tpy will replace the existing refinery. The new refinery is expected to be fully operational as from early 2008. This paper describes the challenges and the projects.

Jan 1, 2007

By G. Roy

Interest in metal-hydrogen systems can be manifold. Small amounts of hydrogen adsorbed by elemental metals and alloys usually result in strong changes in the physical and mechanical properties of engineering materials. Overwhelmingly, these changes, viz. hydrogen embrittlement, are considered deleterious with respect to structural performance of engineering materials. However, the changes, often studied by metallurgists and metal physicists, can present new possibilities and applications. A prominent example is the recent interest in safe, solid-state hydrogen storage in metallic lattices. In a new laboratory in MTL, Ottawa, a study has been initiated to investigate the effect of "micro- and macro- alloying" of Al and Mg powders with hydrogen (in high-energy mechanical alloying mills) on plastic deformation in metal and metal hydride structures. It is anticipated that high-rate impacting and subsequent grain refinement in the mill will have an effect on hydrogen storage capacity in lightweight magnesium and aluminum alloys. First examination of the state-of-stress by X-ray diffraction in high-rate milled, nanostructured pure aluminum, aluminum milled with a solid surfactant, and aluminum or magnesium alloy milled with hydride and/or gas hydrogen will be presented.

Jan 1, 2005

By J. H. Hodgson

"Those of us who have been concerned with the problem of geophysical exploration in southwestern Ontario have followed the development of the Poulter method with much interest. I have much appreciated the opportunity of reading an advance copy of Dr. Poulter's clear exposition and of preparing the following brief remarks on the probable applicability of the method to the Palaeozoic area of southwestern Ontario.During the years 1944 to 1946, the Ontario Department of Mines, in co-operation with the Union Gas Company and the Dominion Natural Gas Company, operated an experimental party in the hope of establishing a seismic technique appropriate to the •area. The results were completely negative. During two summers' field work, no reflections whatever were obtained except in one area near Windsor. It is the •purpose of these remarks to inquire whether Dr. Poulter's techniques might yield favourable results.It was the conclusion of the report on our work that two principal causes contributed to the failure of the method. In the first place, the geological column possesses few elastic discontinuities and those that exist appear to have low reflection coefficients. In the second place, the area is drift-covered in general. This drift complicates the situation by absorbing seismic energy and by giving rise to groups of complicating refracted phases which obscure the entire interesting section of the record. The situation is further complicated by the high reflection velocities and the relative shortness of the Palaeozoic section, these factors combining to bring in a reflection from the basement in about half a second."

Jan 1, 1950

By M. A. Hardie

"CASES and mixtures of them are so common and so much a part of everyday existence that they become so taken for granted that their individual characteristics and idiosyncrasies rarely become of curiosity to others than those involved in tl1eir production, processing, treatment, transportation, and for utilization. The use of the most common and universal mixture of gases -air -is begun at birth by ail living creatures and their discontinuation of its use terminates existence. Modern man rides on air in his tires, rides through it for high-speed transportation, and uses it for his comfort in the heating and air conditioning of his domicile. It is neither the aim nor the in-tent, in the next few moments, to provide a panacea for even a portion of the problems inherent in the gas industry nor to delve deeply into any particular facet of its diversities. The purpose is primarily to touch upon some of the peculiarities and generally to consider approaches to employ in the pursuit of solutions."

Jan 1, 1959

By L. Treadgold

The KOV, Kananga and Tilwezembe copper-cobalt deposits in the Democratic Republic of the Congo have lain dormant for over ten years due to lack of funding by the State-owned mining company, Gecamines. Nikanor Pic through its operating company DCP has secured the mining titles from the DRC government and has commenced redevelopment of these large copper deposits. DCP plans to produce 250,000 tonnes per annum of LME Grade "A" copper cathode and up to 30,000 tonnes per annum of cobalt salts. This paper describes the geology, re-development of the KOV mine and the two smaller mines, Kananga and Tilwezembe, the design of a new copper-cobalt processing facility and the challenges in refurbishing the associated infrastructure.

Jan 1, 2007

By D. Allen

Faced with decreasing ore grades and harder ores, many mines today are forced to become more efficient with their approach to processing. Variability in ore hardness, mineral liberation, reagent consumption, sliming, and leach responses are all a function of the minerals present and their concentration. Modern semi-automated X-ray Diffraction (XRD) analyses using Rietveld refinement techniques, in conjunction with high speed quantitative Near Infrared (NIR) analyses, provide reliable quantitative mineralogical ore profiling. By the implementation of XRD with NIR, mining, milling and leaching operations no longer need to be dependant on visual estimates for GeoMetallurgical Modeling and are provided with a valuable forecasting and production control tool. This paper will illustrate the development, plant implementation and application of XRD and NIR at several copper operations.

Jan 1, 2007

By Dennis L. Murr, James E. Wennen

"The through-put and energy efficiency of an autogenous (AG) grinding mill are adversely affected by variability in rock size and rock competency. This applies to both fully autogenous and semi-autogenous (SAG) grinding circuits. In this paper we focus on an approach to overcome the problem of inconsistent mill through-put related to variability in mill feed size and rock competency. The focus is on ores containing hard, competent rock. This approach consists of preparing feed to an autogenous mill that contains 20% coarse media rock and 80% of material crushed to pass 37 mm. Results of pilot-scale testing for two iron-ores will be presented to show that a 10% to 12% reduction in unit energy consumption is possible with prepared feed, compared with feeding the mill with conventional primary crusher discharge.INTRODUCTIONIn the past 30 years or so, autogenous grinding and semi-autogenous grinding have been the comminution technologies of choice for most mining and mineral processing operations. These technologies saved both capital and operating expenses associated with the installation and operation of multi-stage crushing and screening plants required for conventional rod mill – ball mill circuits. However, SAG and AG are inherently inefficient in terms of energy consumption, especially for very hard ores. In cases of hard ore, changing characteristics of rock fed to the mills causes wide fluctuations in mill capacity, which contributes to the inefficiency. Rising electric power costs make this the most expensive unit operation used in the extraction of valuable minerals from an ore. The objective of the concept discussed here is to reduce the energy consumption in AG grinding for hard ore and eliminate the use of large-diameter steel grinding balls that are required for SAG grinding"

Jan 1, 2012

By I. Murray, N. Geoffroy

"Buried pipelines, tanks and other similar equipment are almost always present on large scale industrial sites, including in the oil and gas fields. However, as the proverb “out of sight, out of mind” suggests, it is easy to overlook proper maintenance procedures and simply assume that corrosion protection measures in place are working correctly. Unfortunately, this is not always the case, leading to significant environmental damage and loss of production. This paper describes several cases from various industries where buried equipment failed because of corrosion, sometimes with catastrophic results. It also presents various strategies, based on experience and new research, to help predict and prevent damage to underground metallic structures.INTRODUCTION Metallic underground structures are extremely common in industrial and commercial settings for numerous reasons. Burying pipes, tanks, wires and other similar equipment has numerous advantages: it provides significant protection from mechanical damage, frees up ground space that can be used for other purposes, requires little to no support structure and is generally more esthetically pleasing. However, this last benefit can also be considered the most significant disadvantage of underground equipment: becoming invisible and forgotten. While every engineer is aware of the importance of preventive maintenance, it is also human nature to somewhat forget about equipment that is hard to inspect and assume that everything is fine. This is unfortunately not always the case and failures in industrial settings can have extremely serious consequences. While economic aspects immediately come to mind (loss of production, cleanup cost, etc.), failure of underground equipment also results in an environmental and therefore public relations nightmare, especially in the oil and gas field. Leaks that would have been considered negligible in the past can now make national headlines and perfect reliability, while probably impossible to achieve, is now the goal of most companies. While environmental damage (real or perceived) is most often associated with leaks in the oil and gas industry, it can also affect the mining world. For example, the authors have worked on a project where a buried slurry pipeline had ruptured in the ground, causing a release of perfectly inert tailings. While the economic loss was low, the leak was reported in local media and caused a public relations problem."

Jan 1, 2017

By Matthew R. Ward

This paper aims to describe the reasons and methods to extend enterprise networks into underground mines. Currently mines use a number of communication networks for telephones, PLCs, two-way VHF radio and computer networking. Each system can have different wiring, protocols, converters and interfaces all which require expansion and maintenance. The convergence of voice, video and data using Ethernet and TCP/IP has the very real benefit of one ?wire? for underground networks. Now that the majority of underground equipment can communicate using TCP/IP, network convergence can offer reduced network expansion and maintenance costs. Cost savings are good, but the truly exciting aspect of network convergence using Ethernet is the low-cost, high speed wireless networking now available . These wireless networks offer an opportunity to facilitate mining automation even on a small budget. How would mine operators change they way they operate if they could gather vehicle location and data in real time? What about controlling equipment remotely? The list of applications is long and includes traffic control, dispatching, real-time ore blending, tele-operation, automated production reporting, vehicle health monitoring, elimination of paper forms and immediate network access for surveyors and geologists. An ideal converged network for underground mining would be robust, inexpensive, easy to expand, enable fast and secure connections while keeping voice communication performance equivalent or better than what is now provided by VHF radio

Apr 1, 2005

By William B. Hetherington

Communities are the foundation upon which the whole structure of society rests and upon which the nation builds its hope for the future. They are not established to serve any one particular generation, nor any one element or group, but should be erected to render a lasting service to all who are to follow. They play a very vital and important role in the lives and welfare of the people, in their industrial, business, and social relations, and in the economy of the nation, of which they are the fundamental assets. Communities and civic governments are destined to be vital factors in the national welfare in the days that are to come. Any improvement in national or world conditions must have its origin within the communities. Any attempt at solution of the community problem must give some consideration to the fundamental elements which exist in every community, and to the underlying principles, and ways of life and thought, upon which community life is based. The community is, in its essence, a number of people living and working more or less closely together, sharing common rights, privileges, conveniences, and comforts, which would be impossible for the individual to obtain for himself by his own efforts alone, or in any other way than by the mutual exchange of persona! services and resources. In this way, men have increased the returns from their labour and commerce, have raised the standard of their living, with better social, educational, and recreational facilities, and enjoy a greater personal security.

Jan 1, 1943

By Craig Roberts

"While various methods are available to estimate a mining project's value, value is only established through a transaction. Comparable methods allow the value estimated for a mining project to be benchmarked against mining project values established in the market. Comparable methods thus are a key tool for ensuring value estimates are congruent with what the market would actually pay. For example, if the value estimated for a mining project using discounted cash flow analysis differs significantly from the value implied using comparable market methods, the valuator may be using metal price or discount rate assumptions that differ significantly from those the market is currently willing to pay for.The paper provides an overview of market comparable valuation approaches, and discusses some of the difficulties and limitations that arise in using these approaches. The types of market values that are typically utilised are discussed, including asset sale prices, share prices (market capitalisations), and values established in corporate mergers and acquisitions. Topics discussed include methods used in estimating a mining project's value based on the market value of the company that holds the asset, and limitations that arise because of unique features of mining projects and of companies that hold them.It is concluded that market comparable and fundamental (e.g. NPV) approaches to project valuation should not be viewed as alternative approaches to estimating project value, but rather can and should be integrated to derive a single value estimate based on both market andfandamental data. A method for integrating these approaches is discussed, and illustrated by example."

Jan 1, 2003

By J. S. Vanderploeg

I WILL begin this presentation by citing the annual per capita use of copper in Canada. This is best calculated by taking refinery domestic sales, plus imports of the products of foreign fabricating mills (very little refinery copper is imported), and deducting the exports of Canadian mills. No attempt has been made to estimate the copper content of imports or exports of machinery, motors, etc., but the trade balance here is probably against Canada. In any event, we find that, though varying somewhat since the war, the estimated yearly per capita figure has reached a high of 18 pounds. This is practically on a par with the United States. The rest of the world uses an average of about 2 pounds per capita, yearly, though this includes some countries, such as Sweden, Germany and England, which consume much better than average quantities. It looks, therefore, as if the Canadian copper industry has not (as has been generally charged) been asleep after all.

Jan 1, 1962