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By L. Lafrenière

A trend in mining exploration is to increase the number of geophysical parameters collected and interpreted for geological features in a given area. Airborne technology now allows us to simultaneously combine electromagnetic, gravity, aeromagnetic and radiometric surveys. We report the results of a multiparameter survey conducted in the area of Kamiskotia, Ontario. This area is located near and on the West side of the multi-metalliferous Kidd Creek deposit. Various metallic occurrences are reported in the studied area. Integrating multiple parameters in the interpretation produces a more detailed pseudogeological map than what has already been published. 3D interpretation has been undertaken using some of these parameters and suggests that future work is required in 3D earth model solutions in order to fully use all parameters.

Aug 1, 2013

By M. Lebeuf, A. Dumais, C. Farsangi, N. Singh

The Nunavik Nickel project began ramp-up of a new ore body (Expo) in November 2014. This new deposit is significantly more competent than the previous ore type milled (i.e., the plant moved from a feed with a BWI of 12.2 kWh/t to predominantly material with a BWI of 19.6 kWh/t). Despite circuit changes made in advance of the Expo ore ramp-up (grinding media size, mill loading/power draw, and cyclone configuration) the throughput of the plant was bottlenecked at 90% of targeted throughput with multiple stoppages to grind-out the primary mill due to excessive circulating loads. During this time, the secondary milling circuit was under-utilised: therefore the focus for debottlenecking plant production became increasing the product size of primary milling. Given the scope of changes already made to the circuit, it was decided to test the mill in open circuit. The milling changes were modelled using the Molycop Tools package to identify potential problems. In the modelling and plant trial it was apparent that the ball size in the secondary grinding circuit was inadequate, resulting in pebbling. The power draw of the secondary mill was brought up to minimize pebbling and the average ball size was increased. The switch to open circuit primary milling permitted a significant augmentation in plant tonnage. While the overall grinding efficiency decreased using the open circuit configuration, the ability to increase throughput made it the clear operating choice.

Jan 1, 2016

By A. Ockewitz, A. Trondl, D. -Z. Sun

"Numerical simulation of extrusion processes offers an efficient method for tool design and optimization of geometries and properties of extruded parts. However, until now there are few systematic investigations about influences of material model and different parameters e.g. for friction and thermal processes on calculated local and global responses. Since extrusion processes are essentially influenced by friction between billet and extrusion tools, new friction tests were performed in this work to develop a reliable friction model. Compression and torsion tests were performed at different temperatures and velocities to calibrate the material model for extrusion simulations. Extrusion processes for circular rods and U-profiles were conducted at TU Berlin with backward and forward extrusion for different extrusion ratios, billet temperatures, product velocities and cooling conditions. This work focuses on numerical simulations of the extrusion tests with the FE code HyperXtrude. Based on the calculated distributions of local strain, strain rate and temperature the recrystallized volume fraction and grain sizes were calculated with empirical models and compared with the experimental results from optical micrographs and EBSD scans. The calculated total and friction forces and temperatures were compared with the experimental results and the deviations between experiment and simulation were analyzed.INTRODUCTION Extruded aluminum components are widely used in vehicle constructions due to light weight and manufacturing consideration. Local mechanical properties in the components are inhomogeneous as a consequence of the spatial distribution of microstructure which is influenced by numerous factors like material composition, temperature, tool design, friction, extrusion ratio and speed during the extrusion process. For the optimization of the extrusion process with regard to all these factors numerical simulation can be an essential tool. Based on results of finite element simulations of the extrusion process the microstructure in the extruded components can be predicted and then the resulting mechanical properties can be numerically determined instead of by costly trial and error methods. The aim of the work presented in this paper is the development of a numerical method for the simulation of extrusion processes with modeling of microstructure."

Jan 1, 2018

By Luis Bergh, Juan Olivares, Juan Durán, Juan Yianatos

"In the last decades heuristic approaches based on logic rules have been one favored tool to control flotation units and plants on top of distributed control systems. Fundamental knowledge on flotation processes, expressed in reliable models, and programs to assure the quality of the information, contained in available measurements, are still insufficient to develop robust predictive control strategies. In this paper the idea of using simplified models, when a known disturbance is coming into the process, is explored. As a first approach, the set points of the froth depth and air flow rate controllers are estimated based on this model. Since these target predictions are only approximate, a conventional feedback expert system, based on logic rules, continues the task of calculating the set points of the distributed controllers, in order to decrease the gap between actual and desirable metallurgical targets. This combined actions permitted a fast response of the process to change the operation of the circuit when a measured disturbance is detected. This control system was implemented and experimentally evaluated in a pilot rougher flotation circuit, with three pneumatic cells, with froth depth and air flow rate controllers in each cell. Since the circuit is operated for the air-water system, a phenomenological model, with parameters estimated from industrial data, is fed on-line with real operating variables and virtual values, characterizing the feed (grades, solids%, particle size distribution), in order to predict the metallurgical targets (recovery and concentrate grade). Several cases are discussed showing the benefits of this control system and the possible improvements to work on. INTRODUCTIONToday, large size mechanical flotation cells of 100 to 300 m3 are used in rougher operation in different flotation industrial plants, in Chile and worldwide. However, in spite of the advances in fundamental research and the notable growing in equipment size, with more complete instrumentation systems, there are still a lack of reliable data for industrial flotation modeling and simulation to advance in better control systems design."

Jan 1, 2016

By L. J. Friedman

The recovery of sulfur dioxide from metallurgical gases for the production of sulfuric acid has been the primary means of reducing sulfur dioxide emissions from nonferrous smelters. Sulfuric acid has been produced from gas originating from fluid bed roasters, electric furnaces, reverberatory furnaces, flash smelting furnaces, Pierce Smith and flash converters, sinter machines, etc. The gas from each of these sources has a unique set of variables that affect the design and operation of the sulfuric acid plant. In addition, the sulfuric acid plant itself has been evolving, with new equipment designs and materials. This paper will review each of the unit operations in the gas cleaning and contact sections of the metallurgical sulfuric acid plant, discussing various equipment designs, materials and the handling of gas stream variables and impurities. The paper updates to 2007 previous works on metallurgical sulfuric acid plants by the authors, and analyzes new equipment and systems, including: FRP or alloy quench systems, alloy converters, towers and pump tanks, heat recovery systems, high efficiency mist eliminators, tower packing, etc.

Jan 1, 2007

By Lin-fang Shen, Shao-jun Li, Zhi-liang Wang

"The meso-structure of real soil consists of numerous particles with different sizes, while the traditional reconstruction method of quartet structure generation set (QSGS) produce relatively uniform soil particles resulting in significant discrepancy between the actual structure and reconfiguration model. In order to remedy the deficiency, the QSGS is improved by considering the influence of porosity and autocorrelative function of soil, which make the models closer to the real soil. Based on the reconfiguration model, Lattice Boltzmann method is combined in the algorithm to conduct further simulation of fluid flow in soil pores. The D2Q9 model is applied to construct the two dimensional model for simulating mesoscopic seepage field of saturated soil by setting the non-equilibrium extrapolation scheme at the inlet and outlet boundary, and the bounce-back scheme at the soil particles boundary as well as the left and right boundary. According to the case study, the proposed program is realized to simulate mesoscopic seepage field of reconstructed soil with constant inlet seepage velocity. The results show that the seepage direction of soil is along the passage with good connectivity, therefore the permeability is controlled by these passages. The seepage velocity in such channels is faster than in bad connectivity channels. Even if the channel has larger pores, the seepage velocity is still small. INTRODUCTIONUnderstanding the seepage mechanism in porous materials is significant in both theoretical and engineering problems. As a typical porous media, soil consists of solid particles and voids, which form connected channels allowing water to flow through. Such seepage in soil exists widely among geotechnical project of slope, foundation pit, and tunnel, etc. Meanwhile, a number of engineering accidents are caused by limited knowledge of seepage characters in soil (Huang, 2006; Liu, 2013). The conventional method in describing seepage features mostly based on the parameter of permeability, which is a macro statistic mean evaluating the whole connectivity of soil. Obviously, this parameter cannot exactly reflect the details of how water flows through the inner soil structure, especially the flow velocity in local mesoscopic area, hence is unable to represent the actual seepage properties. Therefore, it is necessary to develop mesoscopic approaches to fully study the seepage mechanisms."

Jan 1, 2015

By S. L. Chen

The Kumera Technology Center developed a unique type of steam dryer for drying copper concentrate in the mid 1990s. The dryer has been chosen in several copper smelter projects since 1999. To expand production capacities, the Norddeutsche Affinerie smelter, the Pirdop smelter of Cumerio, the Toyo smelter of Sumitomo Metal Mining and the Tamano smelter of Hibi Kyodo Smelting have carried out projects in which Kumera Steam Dryers were installed. The capacity of a single steam dryer varies from 70 t/h to 160 t/h. This article summarizes the latest operation results of the Kumera Steam Dryers in these smelters and introduces the progress of the ongoing projects in Yanggu Xiangguang Copper, Guixi smelter of Jiangxi Copper, Jinlong Copper, Boliden Harjavalta, and Onsan smelter of LS-Nikko Copper.

Jan 1, 2007

By M. Kowalczyk

The successful application of color sorting machines has established sensor-based sorting in the mineral industry in recent years and is considered today as a significant innovation in processing technology. However, we are only at the beginning of the (market) introduction. New sensor systems have been developed, which exploit material properties such as electrical conductivity, magnetization, molecular structure, thermal conductivity etc. This opens up new exciting pre-concentration and upgrading possibilities for many applications such as nickel, gold, copper and other ores as well as for industrial minerals, diamonds and other gemstones.

Jan 1, 2009

By Richard E. Barrett

SOME YEARS AGO I was associated with a mining operation which, because of its isolated location, burned wood for heating purposes. Year after year the tractors and tucks hauled the cordwood in from the edge of the ever-growing clearing. Each year the cartage costs became greater. The degree to which transportation distances affect the economics of fuels obviously varies with many factors, but the main criterion is the amount of heat a unit weight of the fuel will produce. For in-stance, wood is limited in most cases to a haulage distance of a few miles. Coal can be shipped hundreds of miles, whereas petroleum and gas ?can be transported thousands of miles. The world is now on the brink of having a new fuel -uranium. It has the virtue of being so concentrated that transportation costs can, for all practical purposes, be disregarded.

Jan 1, 1958

By C. A. Y. Shephard, H. L. Brusset

Pressure maintenance by water flooding in the Pembina Field made consideration of wet crude dehydration and disposal of the produced water mandatory. Crude dehydration, the treatment and disposal of produced water, as well as the sale of gas and crude oil were expected to be handled more efficiently at one central point than at several conventional batteries. This plan was effected by routing the produced fluids to the central station by way of several well testing batteries referred to as satellites. To realize the full efficiency inherent in such consolidation the entire system was made self-regulating. Programming ensures the testing and proper routing of all products to their destination. Forty producing wells have been self-operated during the winter 1959 -1960 with gratifying results.

Jan 1, 1960

By D. Sanguinetti, A. Consigny, M. Nodwell

"Alkali precipitation of dissolved metals is an inexpensive but non-selective means of treating mine wastewater. Alternatively, sulphide precipitation can treat to below parts-per-million concentrations while selectively recovering valuable metals. While technically feasible, sulphide treatment of dilute waste streams increases the size and cost of the plant relative to the metals loading. Ion exchange has been applied at two separate sites to pre-concentrate nickel containing wastewater prior to recovery in smaller and more cost effective sulphide precipitation circuits. The result is a dual-circuit system that can maintain high selectivity and reduce overall facility cost while meeting strict effluent regulations.INTRODUCTIONAlkali precipitation using lime is the most common method of treating mining effluents for dissolved metals removal. This method is generally sufficient for waste streams containing mixed metals of little value, and for meeting modest metal concentration limits in the final effluent. Due to the non-selective nature of the lime process, the produced metal hydroxide sludge is of little value. All metals are removed together in a sludge product which cannot be re-processed for further value recovery.By contrast, sulphide precipitation can be used to selectively remove and recover valuable base metals (such as copper, zinc, nickel and cobalt), since the sulphide will preferentially target these metals without reacting with less valuable metals (such as iron and aluminum). The low solubility of the metal sulphide solids also supports the removal of base metals to lower concentrations than can be achieved with alkali precipitation in addition to other benefits discussed more fully in a prior paper (Bratty, Lawrence, Kratochvil & Marchant, 2006). The corollary to this solubility feature is that sulphide precipitation can function on influent streams containing low (< 10 mg/L) metals concentrations to meet very low parts-perbillion final effluent concentrations. Reagent overdosing is also minimized when compared to alkali precipitation."

Jan 1, 2012

By F. McGravie, S. T. Solinski, W. W. Robertson

During this, the Centennial year of the discovery of the Hall-Heroult process, it seems appropriate to review some of the developments which have taken place in Canada and to explain why it has become an important world centre for the production of primary aluminum. For many years after it was recognized that the element aluminum existed, scientists were frustrated in their efforts to isolate it. In the early 1800s H. C. Oersted and Frederick Woehler prepared small quantities sufficient to measure some of the physical properties. A quasi-commercial process involving reduction with metallic sodium was developed by the French scientist H. St. Claire Deville in 1855 but the cost was very high ($30. 00 per kg). It was not until 1886 that Charles Martin Hall in the United States and P.L.T. Heroult in France, more or less simultaneously but completely independently, discovered the process which is essentially that in use today. Some of the early pioneers in the industry quickly recognized the potential of the hydro-electric resources in Canada as economic energy suppliers for aluminum production. The first commercial production in Canada was in Shawinigan, Quebec in 1901, only 15 years after the process was discovered. Subsequently operating plants were established at nine different locations in Canada (Quebec and British Columbia) (Table 1). Operations continue today in all locations except one (La Tuque). The table shows present plant capacity which for the older plants was reached in an evolutionary manner including replacement of obsolete capacity or upgrading and modernization of existing designs.

Jan 1, 1999

By C. H. Lee, T. T. Wang

"Exampling of the tunneling task in the Tsengwen Reservoir Transbasin Diversion (TRTD) in southern Taiwan, this study investigates the application of the Drilling Survey System (DRISS) in both Drilling and Blasting (D&B)- and Tunnel Boring Machine (TBM)-excavated sections. In the D&B section, a nonlinear relationship exists between drilling energy and uniaxial compressive strength of rock mass, in which a reasonable coefficient of determination can be analyzed statistically. Additionally, the DRISS accurately predicted an unfavorable section with a valuable position. The magnitude of uniaxial compressive strength back calculated using DRISS data also matches those acquired from geological investigations with different approaches. Study results indicate that the DRISS is an effective tool for fore-probing of both D&B- and TBM-excavated tunnels. INTRODUCTIONModern advancements in geological and geophysical investigations, and drilling techniques, have provided valuable information for detecting and interpreting geological conditions of rock tunnels with a resolution of several to ten of meters (Brückl et al., 2001, 2008, Lorang et al., 2005). Nevertheless, construction risks remain considerable during tunnel excavation, especially when a tunnel was excavated by a Tunnel Boring Machine (TBM). Predictions of the local fault, shear zone, and other minor geological features, which may cause moderate collapse or excessive deformation of rocks surrounding the tunnel, before tunnel excavation is highly desirable for high-quality tunnel construction and economically efficient project management.Rather than conventional geophysical prospection methodologies, which always favor large-scale investigation with moderate precision, this study focuses on the drilling method probing ahead of a tunnel. The goal of such an investigation is not only to prevent catastrophic collapse, but also to provide quantitative or semi-quantitative information for estimation of the mechanical parameters of rock mass.For the tunneling task in the Tsengwen Reservoir Transbasin Diversion (TRTD) in southern Taiwan, a drilling survey system is adopted for fore probing. Data collected from both drilling and blasting (D&B) and TBM-excavated sections are analyzed statistically and discussed. The applications of the Drilling Survey System (DRISS) are addressed accordingly."

Jan 1, 2015

By Ata Akcil, Z. B. Karshigina, Ye. G. Bochevskaya, Z. S. Abisheva

"Phosphorus slag is the most heavy-tonnage waste of yellow phosphorus production, which is stored in the dump fields for many years creating ecological problems in the regions. Despite of the actions taken to utilize the slags, most of them remain in the slag disposal area. One of the relevant and priority directions is rare-earth metals production (REMs), presence of which in the phosphorus slags allows considering the latter as an acceptable raw material source. Phosphorus slags contain about 30–40 wt% of silicon dioxide, therefore they can serve as a source of production of precipitated silicon dioxide highly required in different industries.The purpose of this work is the most complete REMs recovery in the solution while leaching and subsequent processing of siliceous cake. The work shows results of researches on establishment of the chemical and phase compositions of phosphorus slags, determination of the forms of presence therein of REMs compounds, processes of phosphorus slag leaching by nitric acid and processing of produced siliceous cake by NaOH solution.Based on the data of the instrumental and chemical methods of phosphorus slag analysis, it was established that it consists of pseudowollastonite a-CaSiO3 for 90–92%. It was found out that REMs are present in it in the form of carbonate apatite Ca10(PO4)6CO3 or rare earth apatite, and La2S3 compound inclusions.Optimum parameters of phosphorus slag leaching process were selected: HNO3 concentration 7- 7.5 mol/L; L/S ratio = 2.6–3 mL/g; temperature – 50–80o?; duration – 1 h; pulp stirring – 500 rpm. Recovery of SREMs, CaO, Al2O3 and Fe2O3 into the solution were achieved at 98.0, 99.1, 99.0 and 18.8%, respectively. Presence of 10 elements of the rare earths group in the phosphorus slag was established. It was found out that recovery of almost all REMs is within ~92–99%, except for Sc and Lu – ~39% and ~28%, respectively.For the purpose of optimization of siliceous cake leaching by NaOH solution, influence of some physical and chemical parameters was studied: N?O? concentration, L/S ratio, temperature, and duration. Results of the experimental data will serve as a basis for development of the technology of complex processing of the technological waste of phosphorus industry with production of REMs concentrate and precipitated silicon dioxide."

Jan 1, 2016

By L. Avramovic, B. Han, R. Jonovic, Z. Stevanovic, K. Haga, S. Dimitrijevic, A. Shibayama, L. Godirilwe, Y. Takasaki

Pyrite (FeS2) and chalcopyrite (CuFeS2) which could not be recovered, are present in mine tailings discharged from Bor copper mine. About 0.3% of copper (Cu) is contained in these tailings, therefore it can be considered as a useful copper resource. At the same time, pyrite is known to promote acid mine drainage, therefore it is necessary to detoxify the tailings. An efficient method has been proposed to recover copper and reduce the environmental impacts of tailings by a combined hydrometallurgical process of high pressure leaching (HPL), solvent extraction (SX) and electrowinning (EW) process. HPL process yielded high copper leaching rate (>95%) when water (H2O) was used as a leaching media. On the other hand, pyrite contained in the tailings was converted to iron oxide by high pressure leaching. Stability evaluation of the residue obtained from high pressure leaching, confirmed almost no elution of metal ions. The percentage of copper extracted and stripped from the Cu-loaded organic phase reached 97.4%. Moreover, it was confirmed that a low iron concentration in the electrolyte of copper electrowinning, resulted in the improvement of current efficiency of copper electrodeposition. INTRODUCTION Mine tailings are a by-product obtained from the flotation process and there are billions of tons of already existing tailings all over the world. Moreover, several billion tons of additional copper tailings will inevitably be produced in the coming years (Onuaguluchi & Eren, 2012). With the declining average copper ore grade, alternative sources of copper are highly sought, mine tailings have a comparable copper grade to that of low-grade ores (0.2–0.3%) therefore, it can be said that copper mine tailings present a very important source of secondary raw material for copper production (Antonijevi´c et. al., 2008). Consequently, it is necessary to confirm the possibility of the valuable metals (such as copper) recovery from mine tailing in which copper content is about 0.2–0.3%. Our group investigates the flotation and high pressure leaching processes for recovering of copper from mine tailings. Previous work on related samples include copper and nickel flotation tailings from Botswana, and a low–grade copper ore sample from Chile. Impurities, which are associated metals in mine tailing such as iron (Fe) and aluminum (Al) co-dissolve into the solution during the HPL treatment process. Therefore, separation of copper from impurities is necessary for selective extraction of copper from mine tailings and upgrading the copper concentration in the leachate to enable further purifying of Cu by electrowinning. Thus, it is important to investigate the possibility of applying solvent extraction for concentration of copper from leachate solutions of mine tailings (Onuaguluchi & Eren, 2012; Antonijevi´c et. al., 2008). In this study, LIX-84I was used as an extractant of copper from the leachate of high pressure leaching of mine tailing. As a fundamental solvent extraction investigation, the extraction behavior of copper was studied using a simulated solution of the leachate from the high-pressure oxidative leaching of mine tailing. The effects of; solution pH, extraction time, extractant concentration and phase ratio on copper extraction and sulfuric acid (H2SO4) concentration on stripping were investigated.

Jan 1, 2019

By G. D. Bysouth, G. Y. Wong

"The Endako molybdenum deposit is located 160 km west of Prince George, British Columbia. It occurs within the main body of the Francois Lake Intrusions, a composite batholith consisting of early, middle and late intrusive phases. The ore deposit is confined to Endako Quartz Monzonite, a middle phase intrusion, which is bound on the north by Carey Alaskite and on the south by Francois Granite, both late stage intrusions. In the mine aretz, the Endako Quartz Monzonite has been intruded by pre-ore dikes of quartzfeldspar porphyry and porphyritic granite, and by post-ore dikesof basalt.The Endako deposit forms a west-northwest trending body that has a strike length of 3360 m and an apparent width of 370 m. It consists of four structurally distinct zones: Endako East, Endako West, Denak East and Denak West. Principal sulphide minerals of the deposit are pyrite and molybdenite, accompanied by magnetite and minor chalcopyrite. Galena, associated with wulfenite and bismuthinite, occurs in some ores of Endako West and Denak as minute inclusions in molybdenite. The sulphides and associated minerals are hosted by quartz veins which occur principally in vein systems. Hydrothermal alteration accompanying ore mineralization has pervasively kaolinized the quartz monzonite host rock, and has locally produced K-feldspar and quartz-sericite-pyrite envelopes on quartz veins.Primary structural controls of the deposit are southwesterly dipping vein systems which strike 110° in the Endako zones, 110° to 130° in Denak East and 170° in Denak West. Secondary structural controls are northeasterly striking vein systems that dip northwesterly in Endako East and southeasterly in Denak. Domal uplift accompanying the rise of latest stage magma is considered to have caused intense dilatant deformation along older west-northwest trending shear zones, producing an elongated structural host for ore deposition."

Jan 1, 1995

By G. F. Colborne, A. Thunaes

"When the Canadian uranium milling plants went into operation during the early 1950's, they utilized flowsheets developed at the Radioactivity Division of the Federal Mines Branch in Ottawa. Since then, numerous process improvements have been made by the Mines Branch, by the operating companies themselves and by other research organizations. This paper will consider uranium milling technology from the standpoint of a new mine operator charged with the responsibility for the design of an economic flowsheet, and will indicate the range of process elements available to him and the testwork required to enable an intelligent decision to be made."

Jan 1, 1968

By A. A. Brant

ONE of the reasons advanced for the decline in prospecting and discovery is that, as regards surficial examination, the law of diminishing returns is becoming applicable. Fewer surficially unprospected fields remain; therefore, fewer discoveries by such means result. Much in the nature of mineral resources remains to be unearthed, but even now, and more so in the future, will discovery depend on painstaking petrographic and structural mapping, aided, where necessary, by judicious applications of all the complementary scientific knowledge and devices (e.g., thin section microscopy, geophysics, and drilling) that experience proves effective in localizing a mineral deposit even beneath drift, lake, or muskeg. It is to be expected, then, that the rate of discovery will decrease, that the cost per discovery will greatly increase, and that the work of discovery will become more and more the careful, methodical assembling of field data, conscientiously interpreted on the basis of scientific knowledge by trained, experienced operatives. In view of these trends, the status of applied geophysics to Canadian mining exploration and development work might well be reviewed. The niche which geophysics may occupy relative to geological surveying and drilling has been clarified by the last twenty years&apos; experience. The cloud of somewhat justifiable scepticism that followed the &apos;geophysical promotion&apos; period of the late 1920&apos;s has lifted. Mining, exploration, and finance companies, in open-minded fashion, are seeking sound advice as to what are the scope and limitations of the geophysical methods at present practised. The purpose of this paper and the following one is, therefore, as far as lies within the author&apos;s power, to review briefly the geophysical methods at present in practice in Canada, and, at greater length, to joint out impartially and critically their scope, merits, shortcomings, an possible future development. The treatment will be non-technical, the hope being that an accurate statement of the present status of geophysics in Canada may do much to result in a sounder, saner growth of what, in the future, shall undoubted} y prove an increasingly useful tool in exploration and development work. ?

Jan 1, 1942

By Graham A. Davis, Michael Samis

The dramatic fluctuation in metal and energy prices in the last few years is causing mining companies to consider alternative analytical methods for mine design and valuation. The goal is to improve insight into unforeseen changes in the economic and project environment and to design projects that take advantage of management's ability to respond to these changes. Such flexibly managed projects will contain value that cannot be measured using traditional engineering economic approaches, further motivating the used of alternative, modern valuation methods. This paper considers the valuation of an uneconomic low-grade resource at an open pit gold mine using two of the most popular modern valuation methods, Dynamic Discounted Cash Flow and Real Options. Our analysis demonstrates that the conventional valuation method may incorrectly represent the value and risk attached to mining this type of resource because it is unable to recognize management's ability to respond to future events in a manner that minimizes losses and exploits advantageous business conditions. The results of this paper highlight the importance of recognizing flexibility and business uncertainty in both mine design and valuation.

Jan 1, 2003

By Norman Lecuyer, Jacque Nantel

"The Chadbourne Project, located within the limits of the town of Noranda, Quebec, will make use of backfill materials to fill the voids left by the mining of stopes and pillars. A series of tests were conducted on different mixtures of slag and pyrrhotite tailings materials to evaluate their properties. The tests are described and some pertinent results are given in the paper.IntroductionThe Chadbourne Project is located in the centre of the Town of Noranda, Quebec, with houses as close as 120 m from the blasting operations. The ore is mined using the vertical crater retreat method. The voids left by mining activities will be filled. A program of pillar recovery will follow.Considering the proximity of houses and the need to recover pillars, the backfill program must be carefully laid out. No subsidence can be tolerated on surface.With these objectives in mind, a test program was undertaken by Nantar Engineering Limited and Queen&apos;s University to evaluate the possible ba ckfilling alternatives available to Chadbourne. One of the possibilities retained was the use of a backfill composed of broken slag material from the Horne Smelter and pyrrhotite tailings deposited on the Horne&apos;s pond a number of years previously.The back fill used at the Horne Mine until the mine closed in 1975 was composed of a mixture of 97% granulated slag and 3% pyrrhotite tailings. The tests leading to its use underground at the Horne Mine were described by Patton in 1952. The structural properties of the Horne backfill were ""intuitively"" known; it was agreed by all at the Horne Mine that the backfill was behaving remarkably well. Some were labeling it ""the best backfilling material in the world"". Its strength was said to be that of a weak concrete. All of the preceding indicate that the Horne backfill had never had its structural and other properties determined in the laboratory."

Jan 1, 1983