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By D. R. Lentz, J. A. Walker

"Abstract -The Flat Landing Brook Zn-Pb-Ag deposit of the Bathurst Mining Camp occurs within a narrow thrust-bound nappe containing felsic volcanic and volcaniclastic rocks of the Tetagouche Group. Within the host nappe, the Tetagouche Group is represented by the Nepisiguit Falls Formation and the overlying Flat Landing Brook Formation. The Nepisiguit Falls Formation is divided into two members: quartz- and quartz-feldspar-phyric volcaniclastic rocks ± minor lavas (Grand Falls member), and aphyric, fine-grained volcaniclastic rocks (Little Falls member). The Flat Landing Brook Formation consists of aphyric rhyolite flows and interbedded pyroclastic rocks. Several gabbroic intrusions occur in both the footwall and hanging-wall sequences. These gabbros locally cut out the mineralized horizon at shallow levels, and are considered to be feeders to tholeiitic basaltic flows (Forty Mile Brook member) of the Flat Landing Brook Formation. The Flat Landing Brook deposit has many of the characteristics typical of volcanogenic massive sulfide deposits occurring within the highly productive Nepisiguit Falls Formation in the eastern part of the Bathurst Mining Camp. Mineralization occurs within or at the top of the Grand Falls member and comprises four or more massive to semi-massive sulfide lenses that vary in thickness between 3 and 5 m. Massive lenses are laterally gradational to, or underlain by, zones of disseminated sulfides up to 38 m thick. The deposit contains an estimated resource of 1.7 Mt grading 4.9% Zn, 0.94% Pb, and 19.54 g/t Ag to a depth of approximately 150 m. From 150 to 300 m below surface, mineralization is low grade and mostly disseminated. However, below 300 m, ore-grade (>10% Pb+Zn) massive sulfide lenses have been intersected over mineable widths. Oxide facies iron formation overlies and (or) grades laterally into the sulfide lenses. The oxide facies has strong positive Eu anomalies and gently sloping rare earth element (REE) profiles suggesting that it was formed from relatively hot acidic fluids that had interacted with felsic volcanic rocks in the footwall. In contrast, the silicate facies iron formation that is more distal to sulfide accumulations has very weak positive Eu anomalies and gently sloping REE profiles, suggesting either cooler hydrothermal fluids or dilution of the hydrothermal component by detrital material. Hydrothermal alteration has affected most footwall rocks. Most notably, albite-destructive alteration has resulted in Na2O depletion, whereas mass addition of K2O is manifested in the formation of sericite (white mica). In more intensely altered quartz- and feldspar-phyric volcaniclastic rocks of the Grand Falls member, feldspar destruction is accompanied by chlorite alteration, producing quartz-phyric rocks similar to those in the footwall of many Bathurst Camp deposits."

Jan 1, 2006

By Unknown

With the present-day trend of rising labour costs and a lowering of production efficiency of workmen, it has become imperative that every effort be made to use manpower to the greatest advantage and to mechanize mining as much as possible. During the past few years this trend has gained much prominence in the Porcupine camp. In view of this, the executive of the Porcupine Branch considered that the Mechanical Movement of Muck would be a very timely subject for a Symposium. Accordingly a Committee was formed, with A. K. Douglass, Mine Superintendent for Delnite Mines, Ltd., as Chairman, and the Symposium was held in the Auditorium of the McIntyre Community Building, Schumacher, on March 25th last. Papers dealing with shovel loader and mechanical scraper operation at six of the larger mines of the camp were presented and discussed, and a tabulation was prepared giving data on the machines in operation at a total of eleven mines. The papers and tabulation, reproduced below, will doubtless be of considerable interest to operators of mines in all parts of Canada.

Jan 1, 1948

By Denni Hoffmann

"Banded iron formation rocks associated with massive sulfide lenses in the Broken Hill Pb-Zn-Cu-Ag deposit in the Namaqualand Metamorphic Complex, South Africa, were investigated with respect to the geochemistry of manganiferous silicate-rich bands. Two common varieties of these are: amphibole- and garnet-rich iron formation bands. The results reveal that the former are enriched in Fe, Mg, Cu, Co and S. The garnet-rich bands are enriched in Mn, Ca, P, Pb and Ba with significant detrital contamination of Ti, AI, Zr, Cr, Y, V, Ni and Nd.The silicate-rich bands have compositions, in terms of, Si/AI, SilFe, FelMn, LalCe and Co/Zn, comparable to submarine chemical sediments which precipitated from hydrothermal fluids. The garnetand amphibole-rich bands are interpreted as ""evolved"" and ""immature"" hydrothermal sediments, respectively. The latter resulted from rapid precipitation after exhalation, whereas the former had a longer residence within sea water. The silicate-rich bands both exhibit increasing Mn/(Mn+Fe) fractions, which are consistent with a variation expected from proximal to distal depositional settings. The prevalence of garnet-rich bands over amphibole-rich bands is interpreted as the result of injection of hydrothermal fluids from a single vent situated along the northwest margin of the Broken Hill deposit."

Jan 1, 1994

By S. Jordanov

The nature of processes that take place on top of copper bearing grains during the suppression of copper acid drainage from mine tailings was studied on a grain model. Cyclic voltammetry (C.V.) was employed as an experimental technique suitable for indirect measuring of copper leaching. Experiments were done in sulfuric acid (pH=2) at electrodes that progressively approach the real situation during acid main drainage, starting with Cu-metal, then with CuO and finally with CuO covered with CaSO4. Oxidation was found to be the only process that takes place on metallic copper electrode anodically polarized up to 2 V vs. Cu/CuSO4 reference electrode. Dissolution is intensive and reaches up to 50 mA.cm-2. When the same was repeated, but on CuO electrode, anodic currents were some 4 times lower than on the bare metallic surface. This indicates that the electrode material is not completely oxidized to copper(II)oxide and the Cu(O) or Cu(I) residues are oxidized during the anodic polarization. This explains the diminished dissolution. Dissolution is further restricted at electrodes covered with CaSO4. It is some 20 times lower than on the bare oxide electrode. When the second layer of CaSO4 was applied, anodic currents were another 15 times lower. Total decrease of anodic currents when transition is made from Cu-metal to CuO covered with 2 layers of CaSO4 reaches up to 7.500 times. C.V. measurements produced a proof that mechanical blockage is the way how lime prevents leaching of copper bearing grains in immobilization experiments referred elsewhere.

Jan 1, 2007

By H. E. Miard

"IntroductionIT HAS BEEN SAID, with good reason, that the future of the coal mining industry, in our mountainous regions at least, depends on ability to extend operations successfully to depths greater than those reached until now. However, at many points, Nature has given definite hints that trespassing there could be fraught with very un-pleasant possibilities, unless the intruder be governed by a series of rigidly observed principles. In the coal mines of British Columbia, so far, bumps have taken place only at the Coal Creek colliery, but there they gave ample evidence of the extent to which they can hamper underground operations. Some of these manifestations have also been experienced at the McGillivray Creek colliery, in Alberta, at Carbonado, in Washington, and at Sunnyside, in Utah.Cognate phenomena, known as 'air blasts', have been experienced also in some deep metalliferous mines in British Columbia. Such occurrences were responsible for three fatal accidents at the Le Roi and War Eagle mines, near Rossland, in 1916 and 1917.In more or less disturbed coal fields, another form of stress release, equally detrimental, has been still more generally experienced than have been the bumps. Coal outbursts have taken place at Morrissey and Coal Creek, in the Crow's Nest Pass district, and at Cassidy, South Wellington, and the Nanaimo Reserve colliery, on Vancouver island. Manifestations of this kind have been made the subject of intensive study in European countries where they occurred on a really impressive scale, which must not be construed as meaning that some of our own outbursts did not approach a comparable magnitude."

Jan 1, 1953

By F. W. Gray

Ideal utilization of the heat energy in coal should theoretically be secured by supplying each atom of combustible material present with the exact quantity of oxygen necessary for complete combination. An intimate and equal admixture of the fuel particles with air is therefore to be sought. Coal, or the combustible substances of which coal is composed, may be used in solid or liquid or gaseous form. The use of coal in small particles intimately mixed with air is, in effect, a specification of coal in pulverized or dust form. There has been much important development of this manner of using coal, which may be instanced as the outstanding advance in the use of coal as a solid. The completeness and efficiency of combustion in a properly designed dust-fired furnace permits the use of locally available coals of inferior quality, and enables them to be used commercially instead of imported coals of better quality. That is to say, some grades of coal of low calorific value, that are not economically useable in lump form on grates, are useable in pulverised form, because of the more complete combustion thereby obtained, and the consequent more efficient results. In the case of coals that are unsuitable for steam-raising in grate-fired furnaces, because of clinker troubles, (arising usually from a combination of high sulphur content and low-temperature fusibility of the ash content) use in pulverised form has obvious advantages, and in addition gives the benefit of any heat units that are contributed by free sulphur in the coal.

Jan 1, 1924

By Maureen Jensen

For mining companies looking to establish a strong North American presence, raise their profile or finance and position themselves for future growth, there is no other destination in the world that can offer a mining company the same opportunities as Canada whether you are an established blue chip or promising junior. Despite historically poor world commodity markets and shaky investor sentiment towards junior explorers caused in part by fallout from the high profile Bre-X fraud, Canada continues to shine as the undisputed mining finance capital of the world. Our natural riches and mining history go a long way to explain Canada's international prominence in mining finance. Canada has actively created and maintained one of the most integrated national frameworks to support mining ventures of all kinds. Our diverse industry, from one-person grass-roots explorers to mining industry giants, is one of our main strengths whether your company is Canada-focused or internationally active. The mining industry continues to be a vital contributor to the Canadian economy, contributing $26.2 billion in 1997 or 3.8% of national GDP, and is the second largest earner of foreign exchange. Industrial mineral companies are a very important part of this strength. These companies require a continuing access to capital to ensure that they can continue to compete and the globalisation of the Canadian mining industry has affected this industry just as much as it has affected every other industry in Canada.

Jan 1, 2001

By Bernhard Schwab

A popular rule in the mining industry is that a property should only be developed if average unit production cost is less than a given proportion of the estimated long-run price of the mineral. This paper provides a comparative analysis of the average cost approach (ACA) with the use of net present value (NPV) as an investment criterion. It is concluded that the ACA is an easily understood and easily applied rule of thumb which may serve as a rough first screening device, for example in the early stages of deposit exploration. Its operational convenience is at the expense of accuracy and validity, and the NPV provides a sounder method of making decisions, especially in the case of marginal deposits.

Jan 1, 1978

By C. Schmidt, M. Kohnk, C. Siemers, J. Kiese

The application of conventional titanium alloys is limited to 550°C due to their poor oxidation resistance. In addition, severe grain growth is observed in single-phase titanium alloys in long-term runs at elevated temperature leading to a degradation of their mechanical properties. In exhaust applications in automotive or aerospace engineering, products are often manufactured by cold-deformation like deep-drawing or rolling which is normally difficult in oxidation-resistant titanium alloys due to the presence of titanium-silicides. Therefore, in the current study, titanium alloys based on CP Titanium Grade 1S (soft grade) were developed showing (1) improved oxidation resistance due to a concerted addition of silicon, iron and niobium, (2) microstructure stability by the precipitation of hafnium-silicides mainly on the grain boundaries and (3) good cold-deformation properties. The industrial production route was developed so that the new class of Ti-Si-Fe-Nb-Hf-alloys is now ready for application in exhaust systems of planes or cars at minimum 800°C.

Jan 1, 2015

By Marvin E. Lane

Viburnum, located in the foothills of the Ozarks in south-east Missouri, is the site of a modern lead mining and milling operation. Two mines are currently producing a total of 5,000 tons per day and a third mine is in the final development stage, with full production scheduled for late this year (1964). These mines will supply the tonnage required to keep the Viburnum mill operating at a full capacity of 7,000 tons per day for many years. The efficient underground mining operation is completely trackless. Drill jumbos are used to break the ore in a room and pillar method of mining. Transloaders, or St. Joe shovels, and trucks do the loading and hauling. The Viburnum mill has a world-wide reputation as a most efficient operation. This is due to the extensive use of automatic process controls, and labour saving materials handling facilities. Introduction THE St. Joseph Lead Co., has operated lead mines in southeast Missouri for 100 years. These operations have been confined largely to the area called the

Jan 1, 1964

By S. Jeon, T. H. Kim

"Understanding the frictional properties of discontinuities is crucial to ensure the stability of underground structures. In particular, the frictional behavior at depth depends on the complex interaction among mechanical, hydrological, thermal and chemical characteristics and their coupled effects. In this study, a series of triaxial compression tests were carried out to investigate the behavior of rough shear surface of synthetic rocks. The frictional behavior showed little variation at different confining and water pressures. The test results were analyzed using Coulomb’s failure criterion. In addition, numerical analysis was carried out using PFC2D to simulate the test.INTRODUCTIONUnderstanding coupled behavior of rock at depth is of great importance in design, construction and operation of underground structures such as a disposal facility of radioactive waste, hot dry rock geothermal system and oil reservoir. In particular, many uncertainties are involved in characterizing deep rock mass deformation in the designing process and interactions among fluid flow of groundwater, high temperature and stress disturbance should be considered. Many independent studies have been carried out to investigate the thermal, hydro, mechanical and chemical coupled effects in numerical and experimental methods. They include the researches by Lockner, Summers, Moore and Byerlee (1982), Jafari, Amini Hosseini, Pellet, Boulon and Buzzi (2003), Tembe, Lockner and Wong (2010), Lee, Lee and Jeon (2012), Indraratna, Premadasa, Brown, Gens and Heitor (2014)."

Jan 1, 2015

By Balmer Neilly

We are regularly told that before making a new investment one should seek the advice of his banker. If we were to place the subject matter of this paper before bankers. other than those who have experience in our mining camps, their reply would probably be evasive. However, if for example: a mining company asks them for a loan and offers as security certain mining investments, they are, in most cases, explosively candid. The idea is preposterous, unless, under Section 88 of the Bank Act, the mining company is able to deposit with the bank, gold or silver bullion, to an amount sufficiently in excess of the loan, to provide for what the banker describes as a reasonable margin of safety in case of contingencies. In addition the directors of the mine personally must jointly and severally guarantee payment of the loan. With any of these conditions missing the banking atmosphere becomes chilly. The local manager explains that the general situation, and particularly European conditions, are so unsettled that head office has warned him that his discretionary powers must not be exceeded under any circumstances.

Jan 1, 1924

By L. H. Bergmann

THE blasting practices described are fairly representative of those employed in the coal mines of Eastern Canada. As such, they may be of interest to Western Canadian coal mine operators. The treatment of the subject is general, no attempt being made to discuss blasting operations at any particular coal mine in detail. All the mines dealt with are mining bituminous coal and are classified under the Coal Mines Regulation Act of the Province of Nova Scotia as 'closed light' mines. As such, they are required to use only 'permitted' explosives and to apply them in a 'permitted' manner, except where authority is given by the Mines Department to do otherwise.

Jan 1, 1945

By David R. Lentz

At True Hill in southwestern New Brunswick, low-grade porphyry-style Bi-8n-Mo greisen mineralization is associated with the cupola of an epizonal granite porphyry (granite) that also exhibits three episodes of brecciation. The first episode of brecciation is an in situ, 8 m to 10 m wide transitional zone of net-veined to coarse-grained "blocky" endogranitic mesobreccia that is chloritized and greisenized and hosts weak disseminated minerali.zation. In a zone closer to the host rockgranite contact, angular fine- to coarse-grained endogranitic mesobreccia with greisenized matrix is superimposed on the earlier transitional breccia. The latest episode is fault-controlled and consists of quartz- and chalcedony-hosted sub-angular to rounded fine-grained "pebble" mesobreccias that crosscut and brecciate the other breccia types, as well as the adjacent altered metasedimentary country rocks. The first two episodes of brecciation are magmatic-hydrothermal in origin related to hydrofracturing of the granite carapace and are accompanied by greisenization and mineralization, whereas the post-mineralization, silica-hosted, "pebble" mesobreccias related to hydromagmatic, low-temperature fluid circulation and/or boiling along faults near the contact. These magrnatichydrothermal and hydromagrnatic mesobreccias are similar to those associated with W-Mo-Bi porphyry-greisen mineralization at the Mount Pleasant deposit.

Jan 1, 1994

By R. Stach, S. Gola, P. Zgrzebski, K. Soroko

"The future of Polish copper mines KGHM Polish Miedz S.A. will be associated with mining at depth. At present, technologically advanced measures are being introduced to minimize the adverse influence of the environmental hazards on people working underground. Polkowice-Sieroszowice mine is the only mine in Poland where mining takes place in copper and salt deposits. On the basis of the current and anticipated methods of ventilation of a selected ore deposits the paper will analynze a number of solutions enabling planned mining of copper ore deposit, while minimizing the impact of natural aerological hazards in working areas. INTRODUCTION The future of copper ore mining, carried out by KGHM Polska Miedz S.A., will be based on mining from continuously greater depths (Butra, 2015). It is forecast that this will be accompanied by an increasing climatic hazard, resulting from an increase in the original temperature of rocks of more than 45°C as well as gas and geodynamic hazards (Soroko, 2015; Andrusikiewicz, 2015). Due to the safety of underground teams, a need arises to develop methods eliminating the adverse impact of the natural hazards, down to a level enabling the mining activity to be carried out on an industrial scale while maintaining favourable economic parameters. Current depths of the copper ore deposit being developed are effectively verifying the technical methods and measures employed to date for eliminating the natural aerological hazards. Amounts of air supplied to mining areas, with lengthy transport routes, are becoming insufficient for miners’ temperature safety, whereas increasing the power of cooling air-conditioning stations for cooling the air undermines the economic legitimacy. However, along with the temperature hazard, a significant problem at the current depths is an increase in gaseous occurrences in the headings’ areas. The concentrations of natural harmful gases found, even with the values below the permissible concentrations, in the case of limited amounts of air and/or low airflow rates, may pose a considerable danger to the workers. The hazards referred to are currently the major factors determining the advance of headings, above all in mining sections, being the outcome of geological structure and depth of lying of a deposit. However, at the current depths of mining minerals from deposits, room-and-pillar mining systems employed also have a decisive impact on the increase in natural aerological hazards."

Jan 1, 2019

By W. E. Newton

THE following notes are offered primarily to show that industrial minerals or their products have a much more important place in the metallurgical industry than is perhaps generally realized, and with the hope also that some statement by the metallurgical consumer of the relative merits of various materials for particular requirements or services will l;>e of value to the industrial mineral producer. These notes are not in any way presented as complete. Also, some of the statements made may be debatable. The grouping adopted is as follows: (1) Refractories; (2) Fluxes; (3) Construction materials; and ( 4) Miscellaneous applications. Fuels are not dealt with in the present paper. REFRACTORIES GENERAL: Refractories are materials which will withstand high temperatures with-out melting or becoming markedly soft or pasty. While their primary function is to withstand heat, they are usually called upon to resist one or more of the following destructive influences: abrasion, pressure, corrosion by slags or fluxes, and rapid changes in temperature. Refractory materials may be conveniently divided into three classes: (1) Acid refractories-consisting of silica, or containing silica as their chief constituent. They combine more or less readily with metallic oxides, forming silicates, and are hence termed 'acid'. The most important of these are quartz, quartzite, siliceous sand, tripoli, Dinas rock, and ganister. Most fire-clays, although generally considered neutral sub-stances, contain relatively small amounts of free silica and are, to that extent, acid. (2) Neutral refractories-the term is merely relative in most cases, since, at high temperature, many of the refractories that are classed as neutral will react chemically with a strong base, functioning as a weak acid; or, conversely, with a strong acid, functioning as a weak base. Chrome and graphite are the most nearly neutral of all the commonly used refractory materials.

Jan 1, 1936

By V. G. Papangelakis, T. Clark, G. Kolliopoulos

Sustainability of the hydrometallurgical industry requires the development of processes for effective water recovery; if process water is recovered and recycled, fresh water intakes will be reduced. Forward osmosis (FO) is an innovative membrane process that promises to recover water from industrial process aqueous streams or seawater with less energy input compared to reverse osmosis (RO) and evaporation; the energy efficiency relies on the spontaneity of the process (no energy input required). The driving force of the process is the osmotic pressure gradient between a dilute feed solution (process water) and a concentrated draw solution. The draw solution is an engineered aqueous solution that contains a highly soluble chemical reagent that is able to osmotically "draw" only water from the dilute stream, through a semi-permeable membrane, leaving behind a small volume of concentrated brine. The draw solute is separated and recovered for reuse, leaving behind water. The main energy requirements of the FO process arise from the separation and the regeneration of the solute chemicals from the diluted draw solution. This work focuses on the evaluation of aqueous carbonated trimethylamine (TMAH:HCO3) as the draw solution and reports recent findings on the separation efficiency of TMA and CO2 from the solution.

Jan 1, 2015

By John Campbell, William Trahant

"Total Quality Management (TQM) is becoming a reality in the mining industry. Widely adopted in the manufacturing and services industries, TQM has become the operating style of choice in numerous mining companies across the Americas and Australia. Iron Ore Company of Canada, Inco, MSA, Graniterock, Magma Copper, and CRA's Hamersly Iron - all are pioneers of TQM. These companies and others are confronting the challenges of implementing TQM and are managing the changes required of their people and cultures. What these companies are doing, why they are doing it, and how they are successfully managing the changes are the subjects of this paper.Driving the need for change in these organizations are a host of issues, some of which all mining companies are facing. Requirements from customers for ISO 9000 certification is becoming one of the initial motivators for Total Quality Management. These standards, commonly used in manufacturing throughout the European Community (EC), emphasize quality in the processes that create outputs, instead of just the outputs themselves. Iron Ore Company of Canada, for instance, responding to the requirement of one of its customers, British Steel, has become one of the first mining companies to meet the quality standard. Suppliers who meet the standards are highly desirable to customers who are themselves operating under the ISO or their national quality guidelines."

Jan 1, 1995

By H. L. Cheng, C. H. B. Leitch, C. T. Hood, A. J. Sinclair

"Epithermal Zn-Pb-Cu-Ag-Au quartz-carbonate-barite veins at the Silver Queen mine near Owen Lake, west-central British Columbia, are hosted by Late Cretaceous Tip Top Hill andesitic volcanic rocks. The veins form a rectilinear northwest-northeast pattern that differs slightly from regional structural trends. The main northwest-trending veins are oriented very close to the trend of regional northwest faults, but the crossing veins tend to be more east-north-easterly (070 degrees)compared to a regional north-easterly trend (040 degrees). The character of the veins suggests they are extensional features formed by dextral slip related to Paleogene oblique subduction, or intrusion of magma at depth, or both.In detailed exploration at the mine, the veins cannot be modelled as simple tabular sheet-like bodies. Instead, they are complex structures that divide and rejoin, forming multiple veins or stringers, or are found in shear zones as replacement features with quartzsericite- clay-carbonate-pyrite alteration haloes of variable width that make definition of vein margins and correlation from hole to hole ambiguous. In addition, individual veins within each of the main structures have en echelon characterboth along strike and down dip.Geological and assay data must be carefully studied to define the margins of these complex veins before any estimation of ore reserves may be made. Where multiple veins occur in a section, ore/gangue mineralogy, assays, character of wallrock alteration, and thickness of vein and mineralized hangingwall, median and footwall zones must be used to evaluate continuity of mineralized structures. Well-defined sections are projected into areas of increasing complexity. Once the vein boundaries are defined, metal concentrations, important metal ratios(Au/Ag, Pb/Zn, Cu/Zn), and true thicknesses of the vein provide the basic data for reliable ore reserve estimation."

Jan 1, 1991

During the past 10 years, research work to improve the survey of stope limits after mining supplied useful information, particularly for large open and sub-level stopes, regarding waste dilution caused by differences between final production limits and planned stope limits. However, the efficiency of this information to improve the overall efficiency of the mining process is limited, given that the impacts of inaccurate ore limits leading to dilution (sensu stricto) and ore losses haw not been considered adequately. Geological/sampling information should be optimized in terms of quantity and/or quality for the deposit characteristics and the constraints of the mining method used. As industry practice regarding the definition and recording of dilution is flexible and as ore losses frequently am poorly doc-umented, the use of these terms is reviewed. Simulations were carried out on two typical narrow gold deposits, based on an earlier study at Inco's Thompson mine regarding the impacts of wide to narrow delineation grids using recorded variations of vein geometry. Vertical to sub-vertical deposits of 3 m and 6 m widths mined by long-hole open stopes were considered. Deposits delineated by 7.5 m (25 ft) grids were taken as a base case and the impacts of less accurate limits in conjunction with long hole mining based only on a 15 m (50 ft) delin¬eation grid. The impacts of overestimation (dilution) and underestimation (metal losses) were considered separately, using the average error of +/-0.62 m recorded in the Inco study. The impact of less accurate information was much stronger on the narrower deposit: both dilution and ore losses diminished the net present value of the 3 m wide deposit by 39.27% and 45.41%, respectively, and that of the 6 m wide deposit by 12.84% and 11.55%. As the impacts of ore loss and those of dilution on the net present value am almost identical in these simulations, we could, in practice, assume a 50/50 split between dilution and ore losses in such a case. These results do no take into account the effects of local optimization measures taken at the mine production level (blasthole sampling near stope limits, etc.) The potential impacts of geological and sampling uncertainties in terms of lower NPV justify and require more systematic efforts to ensure that deposit appraisal work and feasibility studies are adequate to optimize company revenue and competitive returns to investors from mine production activities.

Jan 1, 2005