Search Documents

By R. D. Lawrence

"Suggestions have been made that the appraisal of mining assets using discounted cash flow techniques should be based solely on proven and probable reserves in reliance upon the widespread international recognition of uniform resource definitions. Following a review of general accepted valuation principles, a survey of the literature and, most importantly, a review of real transactions in the open market, it is clear that valuators should not be constrained by the growing acceptance of modern mineral resource codes. On the contrary, valuation practitioners should be encouraged to examine all classes of mineralization and, after making due allowance for risk, to utilize all mineral resources as a basis for determining fair market value.INTRODUCTIONGreat strides have been made recently in achieving an international consensus on mineral reserve and resource definitions and classifications. The Australasian JORC code, the CIM code in Canada, the SME proposal in the United States and even a proposed code from the United Nations have all brought the objective within reach.Unfortunately, this success has led to another problem for mineral valuators. Certain securities regulators, tax collectors and their ilk have begun to expound on the opinion that discounted cash flow projections carried out to calculate net present values that would form the basis for a valuation determination should be based solely on proven and probable reserves. The author disagrees with this position. This paper examines the subject from four points of view:"

Jan 1, 2003

By A. M. Hill

"This is an account of the expansion of Texasgulf's Timmins concentrator by the building of a fourth circuit.The original capacity of the mine and concentrator was 3.6 million tons per year of ore. In 1974, Texasgulf decided to increase that capacity by about one third to 4.8 million tons per year. It was planned that the increased capacity would be available by mid-1978.The expansion involved work at the rninesite, increased railroad capacity, and a new circuit in the concentrator, and it is the concentrator expansion which is described here.In 1974, the minesite drew its ore from the open pit. The pit was being phased out and was to be replaced by No. 1 mine. To allow for the expansion, a second mine was required. The railroad was capable of handling 18 car trains. Its capacity had to be increased to 27 cars per train and this, in turn, required two new locomotives. Each of these alone cost half a million dollars.The concentrator building in 1974 contained the concentrating equipment and miscellaneous services (such as machine shop, warehouse, analytical lab). The grinding and flotation sections were divided into three circuits ('A', 'B', & 'C'). 'A' and 'B' circuits treated copper-zinc ore and 'C' circuit treated the much more difficult copperzinc- lead ore. This 'C' circuit had been modified over the years to implement improvements in the metallurgy."

Jan 1, 1979

By Chris Fleming, John R. Goode, James Brown

"Data will be produced from two uranium feasibility studies that were conducted in 2008, both involving uranium recovery from leached slurry by resin-in-pulp (RIP) with strong base resins. Excellent metallurgical results were produced in RIP pilot plants in both studies, and the loaded resins were eluted with strong sulphuric acid and recycled to RIP in an integrated process. Resin losses by either abrasion or mechanical breakage were immeasurably low.Metallurgical results from these two campaigns will be presented, along with an economic analysis of RIP versus the alternative process of CCD or filtration and solvent extraction.INTRODUCTIONThe recovery of uranium directly from pulp with strong base resins in RIP contactors was practiced commercially in the USA in the 1960s, but the process never established itself as a viable alternative to solid/liquid separation and solvent extraction. This was due mainly to the necessity to do a sand-slime separation partially resulting from the unavailability of coarse resin beads, inadequacies in the design of the RIP contactors and screens to separate resin from pulp, as well as problems with the strength and durability of resins in agitated pulps.There have been significant advances in the last 30 years in each of these areas. All the commercial resin manufacturers are now producing very tough, durable, strong base resins, and are manufacturing them in a large bead size that is better suited to RIP applications. In addition, with the emergence and wide spread implementation of the carbon in pulp process in the gold industry in the 1980s, many innovative techniques for preparing leached slurries and separating carbon from pulp have become firmly established. These techniques have proven to be equally applicable to resin separation from pulps in RIP contactors."

Jan 1, 2010

By T. Belem

The main objective of this study is to better understand the effect of underground CPB placement conditions on its microstructural, hydro-mechanical and geochemical properties. To reach this objective, three PVC columns, each 3 m high, were built, and were filled with CPB material. The columns allow simulating undrained (UD), half-drained (HD) and fully-drained (FD) conditions along with the measurement of resulting self-weight consolidation settlement of the CPB. Bleed and drainage waters were also collected from each column for geochemical analyses (pH, Eh, EC, SO42- content). After 90-days of curing time, a total of sixty CPB samples were cored from the backfill columns and subjected to uniaxial compression tests followed by physical characterization (Gs, void ratio, water content, degree of saturation, specific surface area). The results showed that the total drainage water and the maximum observed settlement occur mainly within the first 72 hours after the columns are filled. The corresponding volumetric strains suggest that in situ backfilled stopes simulated behave in a similar way to the fully-drained (FD) or the half-drained (HD) conditions. The MIP test results show that the pore structure varies between the top and the bottom of each column.

May 1, 2007

By S. Zekovic

"The paper gives an overview of the economics condition and strategic business challanges of the mining&metallurgy sector and their possible impact on the future development of the Bor basin of copper in Serbian part of Danube Region. Economics and strategic challanges in the mining& metallurgy complex are emphasized by world economic and financial crisis. An analysis of strategic challanges is undertaken by application of a comprehensive development framework approach. Paper indicates that an economics and evaluation of possible impacts of constraints and challenges for the development of Bor basin shows that it must be included in corporative decision, local and regional plans.INTRODUCTIONRisks are characteristic of every strategic development and business decision-making, so their successful management should be a part of the development strategy of the corporation, especially longterm. Due to the growing uncertainty in the general socio-economic environment, “risk management”, risk insurance, risk control, risk culture, risk optimization are frequently talked about. Among the key risks at a corporate level are the financial risks and risks of the regulative framework, especially in the field of environment and land use. In both cases, it is a question of external risks, which the companies need to relativize and successfully manage. Some companies pay more attention to production risks and search for better solutions in that domain which is not enough (Ernst&Young, 2008). Strategic business risks appear mostly on the macro-economic level, from where they should be” transferred” onto the level of sector economics and action level in corporations. Risk management include transferring the risk to other parts, avoiding the risk, preventing hazard, reducing the negative effect or probability of the risk, accepting some or all of the consequences of a particular risk.The research has included perspective and the general market trend and market positioning of the production and copper processing complex in the world; the impact of the requirements and strategic goals of the EU Directive and Kyoto Protocol on the institutional and other adjustments important for business in this sector; the impact assessment of the regulations important for business in the mining and metals sector, and case study of economics and challenges for the development of mining and metallurgy sector in the Bor basin of copper in Serbian part of Danube region. The analysis has included the identification and assessment of the global challenges on the future development of the copper complex in the miningsmelting basin Bor. Presented results in the paper are part of the research project “Sustainable spatial development of the Danube area in Serbia"" (No. 036036), financed by Ministry of Education and science of Republic Serbia."

Jan 1, 2012

By Dave Bulled

"This paper describes the design of a molybdenite flotation circuit using FLEET technology applied to kinetics data produced from laboratory flotation testing and distributed across the blocks of a mine plan using a geostatistical approach. The geostatistics assigned the statistical error that arises from having a limited amount of sample testing data to the kinetics estimates of each block of ore in the mine plan. The final design then included a quantification of risk based on the accuracy of the block flotation kinetics and model fitting. The design made reference to the extensive technical reports describing earlier metallurgical test work including some pilot plant work over thirty years ago.The testing involved conducting MinnovEX Flotation Tests (MFT) to determine the rougher flotation kinetics at the specified reagent conditions and rougher-cleaner tests to determine the change in kinetics resulting from regrind. These flotation kinetics were used within FLEET simulations to create a full-scale flowsheet and plant design including recommended equipment sizes and the forecast of operating results. Measurement of detailed flotation kinetics for a wide range of samples allowed the effect of size of grind and efficiency of classification (i.e. width of size distribution) to be predicted for the whole ore body.INTRODUCTIONAdanac Moly Corp. proposed to develop a 20,000 ton per day mill to produce high quality molybdenite concentrate from its Ruby Creek resource in north-western British Columbia. It is a relatively clean low grade porphyry-monzonite occurrence containing minimal quantities of other sulphides such as chalcopyrite, pyrite, sphalerite and galena. Molybdenite occurs mainly as coarse flakes with lesser amounts of finer sized values. An optimum plant design was required to can achieve the predicted operating results, at a known level of risk, while treating the variability inherent in the ore body."

Jan 1, 2007

By M. Rantapaa

Measurable improvements in throughput have been documented at Barrick Goldstrike due to increased ore fragmentation through efficient drilling and blasting techniques. A decrease in throughput at the autoclave, due to increasingly hard ore, was identified in early 2002. A team of individuals from the open pit and process areas worked closely on the Drill-to-Mill (D2M) Continuous Improvement initiative to ensure that it would address the needs of both groups, with the target of actually improving throughput in future years, despite the projected harder ores. A series of tests were conducted to determine if adjustments to drilling and blasting could positively influence throughput. Better fragmentation and a subsequent increase in mill throughput were achieved through the use of electronic caps for more precision and flexibility, as well as for allowing extremely fast shots; explosives with a higher velocity of detonation (VOD) to provide for improved shock energy; and improved distribution of the explosives by decreasing pattern spacing. Early tests indicated a significant increase in throughput when processing identified harder ore. It is anticipated that the total process throughput (hard and soft ore) will increase by 6 tph in 2003 due to the improved fragmentation of the hard ore. Barrick Goldstrike?s D2M initiative includes roaster hard ore (BWI>17), as well as autoclave hard ore (BWI>15). Approximately 6 million tons of D2M material were shot in 2003, a relatively small amount compared to the 150 million tons to be mined. The benefit of additional ounces produced should far outweigh the additional drilling and blasting costs.

Jan 1, 2005

By R. Mckinstry, M. Rantapaa, T. Bolles

"Measurable improvements in throughput have been documented at Barrick Goldstrike due to increased ore fragmentation through efficient drilling and blasting techniques. A decrease in throughput at the autoclave, due to increasingly hard ore, was identified in early 2002. A team of individuals from the open pit and process areas worked closely on the Drill-to-Mill (D2M) Continuous Improvement initiative to ensure that it would address the needs of both groups, with the target of actually improving throughput in future years, despite the projected harder ores. A series of tests were conducted to determine if adjustments to drilling and blasting could positively influence throughput.Better fragmentation and a subsequent increase in mill throughput were achieved through the use of electronic caps for more precision and flexibility, as well as for allowing extremely fast shots; explosives with a higher velocity of detonation (VOD) to provide for improved shock energy; and improved distribution of the explosives by decreasing pattern spacing. Early tests indicated a significant increase in throughput when processing identified harder ore. It is anticipated that the total process throughput (hard and soft ore) will increase by 6 tph in 2003 due to the improved fragmentation of the hard ore.Barrick Goldstrike’s D2M initiative includes roaster hard ore (BWI>17), as well as autoclave hard ore (BWI>15). Approximately 6 million tons of D2M material were shot in 2003, a relatively small amount compared to the 150 million tons to be mined. The benefit of additional ounces produced should far outweigh the additional drilling and blasting costs."

Jan 1, 2005

By Balakrishnan Nanthakumar, Marek Pawlik, Dennis Grimm

"The anionic flotation of a high-iron phosphate ore from Agrium - Kapuskasing Phosphate Operations was investigated through batch flotation tests in the presence of soda ash. The flotation data were supplemented by titration of the flotation pulp with soda ash, analysis of process water chemistry, and determination of the mineralogical composition of the ore. The results of lab tests were applied to the flotation circuit design allowing the flotation plant to efficiently process problematic ores. Process control measures (pH, conductivity) were also developed.Calcium cations and sulfate anions were identified as the dominant ions present in the process water when the difficult-to-process ores are beneficiated in the flotation plant. The concentrations of calcium and sulfate ions were consistent with the presence of a small amount of a calcium sulfate mineral in the ore although an oxidation/weathering process of iron sulfide minerals present in the ore could also be responsible for the observed water chemistry and subsequent flotation problems with the ores. The latter possibility suggests that the long-term stockpiling of such ores may have a highly negative impact on the flotation process.The role of soda ash in the flotation circuit is to precipitate metal cations from the pulp thus allowing the tall oil-based collector to selectively interact with the phosphate components.INTRODUCTIONPhosphorus minerals are the main source of this element for the production of fertilizers, and the froth flotation process is the most important technology for beneficiating phosphate ores. The flotation concentrate from Agrium-Kapuskasing Phosphate Operations (KPO) is transported to Redwater Fertilizer Operations in Alberta (also operated by Agrium) where the phosphate concentrate is converted into a phosphate fertilizer and other important chemical products. The KPO phosphate ores differ widely in mineralogy and phosphate grades, and are broadly divided on-site into three classes. The easy-to-float A-type ores do not pose any major flotation problems, but the B-type and “marginal” ores, which are quite common in the KPO igneous phosphate deposit, are not always readily-floatable using the current reagent suites and process parameters (pulp density, feed particle size, pH). In fact, marginal ores are presently considered impossible to process by flotation. A-type ores contain normally more than 15% P2O5 and less than 8% ferric oxide equivalent (Fe2O3). B-type ores are approximately of the same P2O5 grades as A-type ores but their iron content may reach 30% Fe2O3. Any material containing less than 15% P2O5 is rejected as waste rock."

Jan 1, 2008

By Stephen G. Mlot

The evaluation of mineral projects involves the identification, mitigation and management of significant uncertainty. Benchmarking is an essential and effective way of increasing confidence and reducing uncertainty associated with input parameters and assumptions. Comprehensive and detailed benchmarking will ensure ?best practice? technologies, methods and systems have been considered and that the appropriate practices can be identified and incorporated into the project. In conjunction with the involvement of experienced industry practitioners, benchmarking is best employed throughout project evaluation to enable early identification of ?errors?, producing more accurate and predictable outcomes. Considerable time and effort is required to gather data and information, which should be benchmarked by the project evaluation team. There is a history of mining projects underperforming, on production, on costs and on return to the investors. The quality of mine plans and feasibility studies, and the quality of the input data is being questioned in many ways. Benchmarking assists sound project evaluation practices, by providing a database of actual results, to validate project inputs and outcomes, ensuring they are realistic and achievable. Benchmarking also provides unbiased, statistical support as the basis for sound investment decision making and ensures well considered decisions are made resulting in a more efficient study process. The evaluation of the quality of projects which are the subject of transactions also benefits from the use of real data obtained from a benchmarking database. Vendors are quick to highlight the benefits of their projects, and conceal the flaws, inflating the value. Buyers will want to quantify the potential of a project through the due diligence process relying on actual results from benchmarking. For the reasons broadly outlined above, benchmarking should be considered as an essential component of effective Project Evaluation.

Aug 1, 2013

By Renaud Adams, Vladimir Salatic

"The El Mochito Mine located in Honduras, Central America, has produced lead, zinc and silver in concentrates since the 1950s. The paper discusses changes made in both lead and zinc circuits to reduce costs while maintaining production during the recent period of low metal prices.The intent of this paper is to show that sometimes thinking “outside the box” is beneficial for progress. Also, in striving for better metallurgical results we should not forget the basics of flotation. Sometimes the latest trends may not be applicable to the ore we are treating and may not meet the operating cost constraints.A major beneficial impact on El Mochito metallurgy was achieved when the overall grind was coarsened, eliminating the significant percentage of slimes. Switching from two parallel twostage grinding circuits to one circuit with three-stage series grinding has resulted in a significant reduction in power and steel consumption. With minor layout/reagent modifications, both lead and zinc circuits gained not only in retention time but as well in producing better grade products.Of course, the challenges are still there; they exist and only with the full support of operational data collection and metallurgical laboratory investigation success can come. That is why, we as professionals, can never stop in trying to make the most of what we have.INTRODUCTIONThe El Mochito Mine is owned by American Pacific Honduras S.A. de C.V. (AMPAC) a subsidiary of Breakwater Resources Ltd. Of Toronto, Canada. The mine is located in western Honduras, approximately 220 kilometers northwest of the capital city, Tegucigalpa and 90 kilometers south of the country’s second largest city, San Pedro Sula. The mine began operating in 1948 and to date has produced more than 19 million tonnes grading 240 g/t Ag, 3.5% Pb and 7.4% Zn. Production in 2005 was 700,190 tonnes grading 87 g/t Ag, 1.85% Pb and 6.61% Zn.Decreasing metal content in the ore followed by the lowest zinc price on the market in the last 15 years (see Figure 1) has reduced the cash flow and endangered to stop the operation."

Jan 1, 2007

By Adam Wright

"Les Mines Selbaie have been producing copper and zinc concentrates from the A-1 ore zone since 1986. This paper reviews major developments in flotation practice over that period. Firstly, ore blending strategies for Selbaie's non-homogeneous polymetallic ore are discussed. The evolution of reagent use is then reviewed, focussing on copper collector trials. A description of Selbaie's flotation columns follows. Finally, past and future developments for process control are outlined.Depuis 1986, Les Mines Selbaie produisent du concentré de cuivre et de zinc provenant de la zone A-1. Cette conférence présente !es développements majeurs en flottation qui ont eu lieu depuis ce temps. Premièrement, la stratégie du mélange de minerai non homogène polymétallique est présentée. L'évolution des réactifs utilises est démontrée, particulièrement !es collecteurs de cuivre. Par la suite !es colonnes de flottation sont presénteés et finalement !es développements futurs ainsi que ceux qui ont eu lieu dans le contrille de procédé sont expliqués.1.0 INTRODUCTIONLes Mines Selbaie, wholly owned by Billiton Metals Canada Inc., is currently mining and processing ore from a polymetallic surface deposit located 288 km northwest of Val D'or, Quebec (fig. 1). The mine produces copper concentrates containing gold and silver as well as zinc concentrates containing silver. 8000 dmt/day of ore is crushed and ground to 80% passing 49 µm, prior to processing by conventional copper/zinc differential flotation. The flotation circuits consist of both conventional and column cells (fig. 2). Detailed descriptions of the mill are available elsewhere in the literature (8,9)."

Jan 1, 1995

By G. A. Kosick, G. S. Dobby, O. Matwijenko

"A 100 kg/hr portable flotation pilot plant has been operated at Kidd Creek Mines with the objectives of:(a) determining performance expected by column flotation circuits on primary zinc and copper cleaning, and (b) evaluating column flotation circuit configurations.The self-supporting pilot plant, owned by Minnovex Technologies Inc. and operated by Minnovex and the University of Toronto, consisted of three 16 cm diameter by 6.5 m high columns and a bank of four Denver No. 7 cells. It was configurable to any arrangement using these four (or fewer) units. The columns were controlled through the use of multiple pressure transducer measurements. This paper presents the approach to testing and the results of more than 70 circuit tests. INTRODUCTIONThe integration and retrofitting of flotation columns within existing mechanical cell flotation circuits is becoming a common occurrence. The correct approach to this integration, however, is often difficult to define, due to a scarcity of previous experience and the difficulty in predicting column circuit performance. In most cases, the effect of column implementation has been experimentally assessed using a single pilot column, with the consequence that selection of an appropriate circuit to implement is difficult. Important considerations are the impact that column water addition will have on the existing operations, and the differences between mechanical cell and column performance in integrated cleaning circuits.To address the problem of circuit selection a portable flotation pilot plant, consisting of both columns and mechanical cells, was designed and constructed by Minnovex Technologies. The pilot plant was structured for complete flexibility of circuit configuration, with the intent to provide a means by which both research and plant personnel could determine the best possible column circuit configuration for a given application."

Jan 1, 1990

By Derek H. C. Wilton, David T. W. Evans

"Abstract - The Midas Pond gold prospect, central Newfoundland, is hosted by sheared and altered felsic and mafic pyroclastic rocks of the Tulks Hill volcanics, Victoria Lake Group, and has been trenched and tested by 19 diamond-drill holes. Gold values are sporadic, with the best diamond-drill intersection assaying 7.3 g/t over 0.9 m, and the highest grade channel sample containing 14.7 g/t over 1.15 m. Alteration and mineralization are confined to a 200 m wide brittle-ductile shear zone. This shear zone formed in response to regional D1 deformation, and the shear zone fabric parallels the regional S1 foliation. D2 deformation resulted in broad Z-shaped flexuring of the shear zone. The deformation was probably related to the ca. 396 Ma to 420 Ma Salinic Orogeny.Advanced argillic alteration and an extensive halo of Fe-carbonate and pyrite surround the gold mineralization. Alteration minerals include pyrophyllite, paragonite, quartz, plagioclase, chlorite, fluorite, Fe-carbonate, and pyrite. As such, the alteration seems to reflect combined epithermal (argillic) and mesothermal (carbonate) mineralizing environments. The argillic alteration and fluorite represent a regional hydrothermal effect on the felsic volcanic rocks; whereas, the Fe-carbonate and pyrite represent a mesothermal alteration associated with auriferous quartz veins. The Au, which is spatially associated with pyrite, occurs in three structurally-controlled vein sets. These veins are confined to the contact between a highly deformed breccia (the banded mafic tuff) and structurally overlying, altered felsic tuffaceous rocks. The vein sets include: V1 boudinage veins that parallel the shear-zone fabric (C-shear veins), and V2 and V3 extensional fracture veins which are controlled by an S2 fracture cleavage. V1 veins are the earliest and contain the lowest concentrations of Au. V2 and V3 veins are concentrated within the hinges of the D2 flexures.Pb isotope data for galena separates indicate that the Pb in the vein systems was probably of local derivation. Sulfur, C, and O isotope data for mineral separates are similar to data for typical mesothermal lode gold deposits. Fluid inclusion data suggest the presence of at least three hydrothermal fluid types in the region, viz., (1) an early saline fluid which produced the argillic alteration, (2) a CO2-bearing fluid directly related to the auriferous mineralization, and (3) H2O-NaCl fluids which flowed through the Midas Pond shear zone at a lateral distance from the zone of mineralization. The mineralizing fluids are interpreted to have been CO3 -2-rich types which originated through metamorphic dehydration and decarbonation of mixed island-arc and continental crustal rocks. Gold precipitation resulted from the reaction of these fluids with the Fe-rich breccia unit. Pre-existing and simultaneously crystallizing pyrite served as loci for Au precipitation."

Jan 1, 2000

By C. D. Shackelford, J. F. Muñoz, M. Vauclin, P. Rengifo, A. Suazo

The results of a field-scale study involving in situ leaching of copper ore tailings using sulphuric acid as the leaching agent, injection wells to introduce the leaching solution and extraction wells to recover the copper-enriched pregnant leaching solution are presented. The study was performed at an abandoned tailings disposal site using a battery of injection and extraction wells. The medium was characterized through the determinations of physical, chemical, mineralogical, and hydro-dispersive properties based on laboratory and field tests, including a tritium tracer test, a pumping test, particle size analyses, and hydraulic conductivity tests. Numerous horizontal strata with different hydraulic conductivities were identified. A previously developed model was used to simulate the leaching of copper ore tailings. Although the study confirms the feasibility of using in situ leaching for recovery of residual copper from tailings deposits, the efficiency of the technology depends significantly on the medium stratigraphy and hydraulic conductivity.

Jan 1, 2001

By J. W. Meier, J. O. Edwards, R. C. Bell

"IntroductionTHE DIE CASTING industry .as we know it today is the direct result of the invention and development of die casting machines during the nineteenth century and of reliable alloys in the twentieth. The early machines were designed to cast low melting point metals such as lead .and tin, and their alloys.It was inevitable that, as these die castings were put into service, the demand should arise for stronger materials. Zinc alloys, often containing lead, tin, copper, and aluminum as major constituents, were relatively easy to cast and stronger than the lead and tin alloys. However, it became apparent after a number of years that these zinc alloys tended to become brittle, distort, and corrode, particularly if kept in warm, humid atmospheres. Thus, considerable quantities of zinc-base .alloys were in use before the trouble was realized and effective measures could .be taken to determine the cause of the instability.The deleterious effect of certain metallic impurities on the properties of zinc •die casting .alloys has now been known for about thirty years. Brauer .and Peirce, and, later, other research workers of the New Jersey Zinc Company such as Anderson and Werley, discovered the pronouned effect of lead, cadmium, and tin on the stability of zinc-alloys."

Jan 1, 1952

By Jesse L. Duke

Outline ?Understanding the context ?The Business, political, social and legal environment ?Recipes for Success (three Ps) ?Develop effective Partnerships/relationships ?Plan carefully ?Actively Manage the ?Process? Business Environment ?Nunavut?Impressive mineral potential ?Emerging diamond industry ?Dominated by Juniors ?NWT ?Maturing Diamond industry ?Emerging oil and gas industry ?Yukon ?Alaska Highway Pipeline ?Junior-dominated exploration and development ?Growing acknowledgement in Canada of the importance of northern resources ?Shift of thinking: north-south infrastructure (vs. East-west)

May 1, 2006

By Gilles Landry, Mohamed Ourriban, Pierre Pelletier, Ahmed Bouajila, Claude Gagnon

"This paper summarizes the work carried out to develop and implement the gold cyanidation by size class (CSC) process, a novel concept aiming to reduce cyanide consumption.First, the authors will present the methodology and results of laboratory tests conducted to evaluate the response and the expected gains for the selected ore when submitted to the CSC processing. In the second part, focus will be on the methodology behind the CSC scheme development prior to its implementation at Sleeping Giant Mine concentrator. Finally, the evaluation of the modified circuit performance (operating since July 2007) will be addressed as a reduction of cyanide consumption by more than 30% and of free NaCN in the tailings by more than 50% is confirmed.INTRODUCTIONCyanidation is the most widely used technique to extract gold from hard rock ore. Its use of oxygen as an oxidant still makes it the cheapest process available after more than a hundred years. Unfortunately, gold cyanidation is known to be a slow process that requires high consumption of cyanide. In fact, cyanidation plants are designed with very long residence times (Habashi, F., 1967). Drawbacks of long cyanidation times are, among others, loss of gold in tailings, high reagent consumption and high capital investment and maintenance costs.Responding to their members expectations for the improvement of cyanidation process, COREM undertook a challenging R&D program covering the development of alternative concepts (processes) and the understanding and solving of mass transfer, gold passivation and process water chemistry problems. One of the interesting findings of the R&D program is a patent pending process technology based on the cyanidation by size class (CSC) concept (Côté and Ourriban, 2004; Gagnon and Ourriban, 2007; Gagnon and Ourriban, 2004).The new technology was tested at the Sleeping Giant concentrator, a plant member of COREM. The existing flowsheet was modified in order to implement the CSC process in the full-scale plant. The plant has been operated using the modified CSC based process since August 2007. Laboratory testwork was conducted prior to the industrial application in order to properly design the new process scheme. The modifications included:1) Reclassification of the grinding circuit product through an hydrocyclone2) Leaching of the coarse size fraction3) Addition of the fine fraction to the coarse leaching circuit tails."

Jan 1, 2009

By R. A. Leveille, M. D. Doggett

"Economic returns for the copper industry have been assessed by building cash flow models for each of the 100 new mines brought into production over the past 20 years. Ninety-one of the 100 new mines returned the assumed 8% cost of capital and generated a positive net present value (NPV) at the development decision point. Economic criteria for individual mines are highly variable with NPV ranging from -$111 million (-$111M) to +$3850M (all money values are presented in United States dollars) and internal rate of return (IRR) ranging from -8% to +95%. The copper industry collectively would generate approximately $39 billion dollars in NPV through the development of the 100 new mines.The returns to exploration ($174M per deposit) were measured by deducting the cost of exploration per deposit ($221M) from the returns to development per deposit ($395M). Overall, the copper business has provided positive returns to exploration. However, the variability in returns across deposits means that only 41 of the 100 new mines can carry the average cost of exploration. The long lead times and high costs associated with exploration result in only those deposits with large amounts of contained copper being able to cover the average finding cost of the industry.The returns to development and exploration are shown to be highly sensitive to the cost of capital and metal price assumptions. With respect to deposit type, porphyry deposits are both larger (NPV) and exhibit lower profitability (IRR) than the nonporphyry deposits. On a geographic basis, returns to development and exploration are higher in Chile than elsewhere, reflecting the larger average deposit size and lower average exploration cost per deposit."

Jan 1, 2009

By R. Nendick

"IntroductionThe Ancient Egyptians recovered gold from the mud in the bottom of ponds by having teams of maidens sit around the pond dipping goose feathers dipped in grease into the mud. The gold would preferentially stick to the oily surface and was periodically washed off to give a gold concentrate. This was a forerunner of today's flotation processes.In Greek mythology Jason and the Argonauts pursued the Golden Fleece, which was a primitive form of gravity concentrate produced when gold ore slurry was passed over a sheeps fleece. The heavy gold settled and was caught in the fleece, producing a rich concentrate that allowed Jason & Company to perform the first recorded case of highgrading. The process was a forerunner of todays shuiceboxes used in placer mining.From these simple beginnings, gold metallurgy has progressed to a state where very complex flowsheets are proposed, sometimes to perform a simple metallurgical task. Figure (i) shows a hypothetical flowsheet to identify the range of unit processes that might be brought to bear on a refractory ore. The flowsheet identifies the three primary areas of gold metallurgical operations:Ore PreparationExtractionRecovery."

Jan 1, 1986