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By G. C. Hodgson

Specification and Tests of Rope Wire Chemical Analysis: The range in composition of steel used in the manufacture of wire rope is as follows: Carbon 0 4 to 0.9 per cent Manganese 0 4 to 0.8 Sulphur Not above 0.04 Phosphorus Not above 0.04 The carbon and manganese content are varied according to the gauge of wire to be drawn and the tensile strength required. Generally speaking, best results are obtained from heats where the melt is not of too large a tonnage. The amount of reduction and patenting of the wire is left to the wire maker, who thus has a free hand in meeting the balance of the specification.

Jan 1, 1931

By M. J. Bunyard, I. Mullany

"The pressures on mine operators are varied and constantly increasing, declining ore grades, more remote locations and increasing environmental concerns. The challenge facing the mining industry is to find new ways to process ores which are more efficient and less costly and to control them better. This requires a fundamental rethink in the way in which projects are developed, it is no longer good enough to just copy what has been done before. The process starts with the surfacing of the primary underlying constraints for the project and the establishment of new design principles to address these. The generation of new design criteria and processing options follows the well-established path of brainstorm, focus, brainstorm, refocus and economic evaluation. The aim is process intensification, doing more with less, as early as possible and better use of plant data. The methodology requires a complete geometallurgical understanding of the orebody to facilitate the evaluation of viable processing options. Examples of early stage processing considered are blast optimization and ore sorting to reject waste and reduce processing costs. Mine to mill integration, which starts with the optimization of blasting for separation, offers another way to significantly reduce operating costs and increase efficiencies.VALUE MODEL The mining industry has, over the past decade, experienced an unprecedented cycle of increased commodity prices and investments in new mining and processing capacity followed by a market collapse and fall in prices and confidence. Whilst there are now some signs of a return to investment in new capacity, the metals and mining industry is still wrestling with eroding margins and investor demand that companies achieve the full value of their assets. Metals and mining companies must work on all available levers to deflate their costs back to more manageable levels and capture the full value for their products. Levers include optimizing external spending, re-thinking make vs buy trade-offs, debottlenecking, improving availability and operating time of key equipment, more accurate and agile planning processes, value-in-use optimization, and tighter performance management. Figure 1 is a diagrammatic representation of a company’s value model. The three goals of a successful mining enterprise are social acceptance, environmental acceptance and sound financial returns to shareholders. Some of the KPI’s used to measure the success or not of achieving these goals are shown in the translation layer."

Jan 1, 2017

By Robert B. Parsons

"Canadian income tax legislation contains a number of provisions which serve to facilitate the structuring of business arrangements, including mineral resource ventures. These rules are often fairly complex and not easily understood. This article attempts to explain in plain and understandable language the mechanics and benefits of one of the more frequently encountered provisions, the ""Section 85 election"".IntroductionThe Canadian resource industries are probably singled out for more special attention under this country's tax legislation than any other industry. This special treatment is, of course, not always welcomed by the industry, such as where unnecessarily restrictive taxation is perceived to exist or where agonizingly complex tax legislation must be dealt with. On the other hand, certain provisions in the tax legislation treat the industry in a relatively favourable manner, including a number of rules which, in recognition of the high risk and capital requirements of the resource sector, serve to facilitate the structuring of resource ventures."

Jan 1, 1984

The Anglo Platinum Mogalakwena North concentrator was one of the first three hard rock mineral processing applications to utilise a HPGR circuit in preference to a SAG milling circuit. This was driven by the extreme competence of the ore that had given rise to throughput issues on the original South Plant. Despite more than adequate capacity and performance of the individual comminution units, the circuit has struggled to obtain full design capacity. A thorough review of the integrated performance of the circuit revealed a wide range of bottlenecks and underutilised parts of the circuit arising from design issues. Interestingly, the major opportunities lie in materials handling issues and mismatch of loads about the circuit. This paper presents the high-level outcomes and the associated opportunities, and is pertinent to all HPGR circuit designs.

Jan 1, 2012

By V. J. Hucka, J. H. Tu

"A computer model has been developed for evaluating the performance of truck and shovel operations in an open-pit mine. The data required for describing the haulage network are simplified and shift startup and ending procedures specific to any given mine can be incorporated into the model readily . The model uses a FORTRAN-based simulation language SLAM and can be tailored to the conditions and practices of a particular mine.The model is used to analyze truck and shovel operations, evaluate different haulage layouts in the planning stage, or compare the expected performance of alternative truck dispatching systems.Stochastic simulation is used to model the random variation in time required f or the individual activities. This gives a more realistic representation of the processes under study. Simulation runs show good agreement with actual performance. The model is especially useful for examining alternatives in equipment acquisition , haulroad design, truck-shovel allocation and dispatching methods. The results of such simulations provide a sound basis f or making major management decisions.IntroductionTruck haul age is widely used in open-pit mining operations. It is also the largest cost item in the operating costs of an openpit mine, in some cases accounting for an estimated 50% of operating costs(1) , Truck replacements, which are necessary from time to time, involve large amounts of cap ital. Increasing depth of mining and consequent increase in stripping ratios require additional capital investment in the truck-shovel fleet. The sharp rise in energy costs over the last decade has also contibuted significantly to an increase in truck fleet operating costs . All these factors have led mine operators to search for ways to improve the effectiveness of the truck-shovel fleet, in order to lower costs and maintain a profitable operation in the face of declining markets and increasing world wide competition.Control of truck haulage in an open-pit mine is usually done in one of two ways."

Jan 1, 1985

By Brian E. Robertson

"This paper summarizes work carried out at the Dome Mine to mechanize the mining of narrow veins of less than 1.5 m in width by the introduction of new mining methods and specifically designed electric LHDs.Extensive mining trials have been conducted using sublevel blasthole, modified Avoca, and resuing mining methods. The introduction of the Microscoop and the Jarvis Clark remote, radio-controlled scooptram has increased mucking productivity.As a result of this work, additional narrow vein stopes are now being prepared for production. In the future, narrow vein stoping wil lprovide a greater percentage of the total mill tonnage.IntroductionThe Dome Mine, which is owned and operated by Dome Mines Limited, is located at Timmins, Ontario. Production has been continuous since 1910 and in 1984 was increased from 1814 to 2721 tonnes per day.At least six distinct ore types have been recognized at the mine. In general, these orebodies can be broadly categorized into wide and narrow deposits. The wide deposits are approximately lenticular in shape and vary in width from 10 m to 40 m. The narrow orebodies consist of quartz and quartzankerite veins ranging in width from a few centimetres to six metres. The average dip of the veins is 65 degrees.Since the I970s, mining activity has been largely concentrated in the wider orebodies using highly productive open sublevel blasthole and mechanized cut-and-fill stoping methods. With the demise of shrinkage stoping in 1975, investigations were initiated to develop new mining methods and introduce LHDs - truly designed for narrow orebodies. These investigations resulted in test trials of the sublevel blasthole, modified Avoca, and resuing mining methods. Consultations with equipment manufacturers and suppliers led to the development of the Jarvis Clark remote, radio-controlled electric scooptram and the introduction of the France Loader Microscoop."

Jan 1, 1986

By D. A. Beattie

Three novel dextrin polymers of varying functional group chemistry but similar molecular weight have been used to depress talc in single and mixed mineral studies. The mixed mineral system was a model sulphide ore consisting of talc, pentlandite, and chalcopyrite. Adsorption isotherms for the three polymers on both valuable and gangue mineral phases were determined to give initial clues as to the ability of the polymers to depress talc. Flotation testing revealed a distinct hierarchy of effectiveness of the polymers in the depression of talc in the single mineral system (MP Dextrin > CM Dextrin > Dextrin TYM), reflecting the observed adsorption affinity and adsorbed amount of the polymers on talc. However, a different order of effectiveness was observed for talc depression in the mixed mineral system (CM Dextrin > MP Dextrin > Dextrin TYM). Competition between the valuable and gangue mineral phases for uptake of MP Dextrin is responsible for its observed decrease in efficiency in mixed mineral flotation. All three polymers were found to be reasonably selective in their action, although at high dosages the polymers began to affect the flotation of the valuable minerals.

Jan 1, 2006

By A. J. Baer

"DEFINITION OF THE REGION AND ITS BOUNDARIESTHE EXPOSED PART OF THE GRENVILLE PROVINCE is the southeastern part of the Canadian Shield, characterized by crystalline rocks with K-Ar ages of about 1,000 million years. Its Canadian portion is bounded on the southwest by Georgian Bay •and by Paleozoic sediments south of a line passing through Orillia and Kingston, on the southeast by the St. Lawrence River valley and the north shore of the Gulf of the St. Lawrence, on the east by the coast of Labrador and on the northwest by the Grenville front, a linear tec-tonic feature that is a metamorphic transition zone and/or a fault. Rocks located to the southeast of the front have younger K-Ar radiom€tric ages than rocks located to the northwest of it.The region is formed of complexly deformed and highly metamorphosed crystalline rocks and in part differs from other areas of the Canadian Shield by the presence of large amounts of crystalline limestone and bodies of anorthosite."

Jan 1, 1970

By L. Trytten, S. Bass, P. Nawrocki, J. Mercer

The Sherritt Fort Site nickel refinery and fertilizer plant has been operating continuously since 1954. The ammonia leach process uses ammonia and sulphuric acid, producing nickel and cobalt and an ammonium sulphate byproduct. One of the features of an ammonium sulphate based process is the aggressive nature of ammonium sulphate to concrete and structural steel. After six decades of operation, portions of the structural steel and concrete at the Sherritt facility have become degraded. Infrastructure replacement programs started in earnest more than a decade ago with pipe racks and electrical infrastructure, and have now progressed into building steel. Replacing and repairing this infrastructure within the tight constraints of an operating plant poses several difficult challenges. This paper will outline the approach taken to accomplish this difficult work, and discuss key learnings from the ongoing program.

Jan 1, 2015

By Roberto Pena, Cristhian Morales, Darwin Morales, Veronica Cambiaso

"This article makes evident the shortcomings of the current operation of oxygen pipes as well as the damages they cause and why they cause them. When focusing on the causes and effects of these drawbacks, it was possible to develop a new family of thermal lances that could pierce a taphole with the precision of a drill but with the capacity to complete the whole operation. Although efforts have been made to replace oxygen pipes since they are annoying, dangerous and inefficient, nobody had worked to improve the way the traditional oxygen pipe taps/perforates the furnaces and reactors tapholes. In fact, developments made in drills and robotic arms, have failed to replace the oxygen pipe, which despite their negative side effects have been used for more than a century. Observation and theory were key to radically transform this humble tool into a dependable and efficient support in the operation. A good news that it is worthwhile to share for the benefit of all of us, passionate about the world of pyro metallurgy.INTRODUCTION Normally, reports and papers prepared for conventions, symposia or other technical events related to metallurgy aim to relevant topics in the operational field, probably because in them lay the scale economies every company pursues. We intend to give relevance to a matter normally disregarded in operations, but that unmistakably vital: if the furnace or reactor cannot be bled, the pyrometallurgical process will not be completed. Besides, if the tapping task is difficult or is long delayed, the availability of the furnace will be reduced. Consequently, there will be a waste of energy and workers will be exposed to dangerous levels of radiation as well as to work overload and physical injuries Apart from these basic effects, in tapping operations where oxygen pipes are used, we can see serious damages in the smelting furnace, especially in the taphole components such as refractory bricks, taphole jackets and water cooled plates. This paper intends to show that taking care of the tapping task can significantly upgrade not only to the tapping operation itself, but also the whole plant productivity."

Jan 1, 2017

By A. J. Faulds, K. C. Westaway, Z. Waszczylo

"PAH compounds have been found in the exhaust from all types of engines burning hydrocarbon fuels . They have also been found in the air over cities and in water. The authors report on a study to assess the concentrations of twelve different PAH compounds in several different environments in dieselized underground mines. In addition, the differences in the PAH levels and distributions in different mines will be demonstrated. Finally, the influence of blasting and the type of diesel engine used as well as the effect of catalytic converters in the exhaust system on the PAH concentration in the mine will be discussed.IntroductionMining methods have been altered significantly in the last 25 years; i.e ., the tools and machinery used underground have changed from electrically operated trains and other equipment to diesel-powered equipment. This has been done for several reasons: 1) economics, 2) convenience and 3) safety. Today, most mines are heavily committed to using diesel equipment.Although the introduction of diesel equipment has revolutionized mining methods and has been a tremendous boon to the mining industry, it has also created new problems. These problems arise because the exhaust from diesel engines contains several pollutants which can be hazardous to the health of the miners. These pollutants are CO2, CO, NO., SO2, oxygenated hydrocarbons produced during the buring process and unburned hydrocarbons. There are two classes of hydrocarbons, of which polynuclear aromatic hydrocarbons (PAHs or PNAs) are a part."

Jan 1, 1981

"Real-time, on-stream analysis of the metal content of process slurries is an essential prerequisite for process monitoring and advanced control of mineral processing circuits. On-stream X-Ray Fluorescence (XRF) sensors for base metal applications are available commercially and form the basis of many plant monitoring circuits. To date, these commercial technologies have been insufficiently sensitive to measure precious metals such as gold and platinum group elements, typically present at part-per-million (ppm) and sub ppm levels. CSIRO has developed a novel X-ray based technology, called UltraGold, which enables detection of gold in slurries on a real-time basis with a precision below 100 parts-per-billion. This technology is based on the use of advanced X-ray optics, extensive Monte Carlo computer modelling for analyser design, high accuracy X-ray spectrum fitting where the X-ray intensities are matrix corrected. In this paper, we will introduce this technology and discuss the results of a proof of principle study performed in the laboratory with plant slurries (tailings and concentrate) from an Australian beneficiation plant. Finally, we will discuss further planned improvements. As projected grades in (gold) mining around the world fall and several large-scale mines approach the limits of their economic reserves, this method can enable significantly reduced operating costs by rapid analysis to improve circuit efficiency and hence improve recovery significantly.INTRODUCTION This paper describes a study undertaken to explore the feasibility of applying CSIRO?s UltraGold XRF technology to the on-stream measurement of gold in process slurries. The provision of rapid, accurate information of gold grade in feed, tailings and concentrate streams would facilitate significantly improved process control and early detection of plant upsets, resulting in substantial cost-savings. CSIRO have patented X-ray fluorescence (XRF) techniques for the analysis of key elements in slurries present at part-per-million (ppm) and sub-ppm levels. Conventional, commercially available on-stream XRF instruments generally have detection limits in the tens of ppm range, precluding their use for analysis of elements like gold that are mined and processed at much lower concentrations."

Jan 1, 2017

By W. T. Robson

Introduction Ground failure, violent or otherwise, is a problem to be contended with wherever underground operations are carried out. The character and extent of the failure, whether superficial or of more serious proportions, is determined by a number of factors, among which might be mentioned: the depth and dimensions of the underground workings; the types and distribution of wall rocks; structural features of the ore and enclosing rocks; the degree of metamorphism; the dip of the orebody; concentration of mining operations; the rate of mining; the history of the excavations made on the orebody in question. This last factor implies the consideration of such points as the arrangement and distribution of stoping both past and present, the current sequence of scoping, the type and effectiveness of the support used in old and current workings, and the amount and distribution of unmined parts of the lode. With such a variety of conditions, it is only natural that the situation at one place in a mine will not be the same as that obtaining in another part of the same mine and, more than likely, will be quite different in another property.

Jan 1, 1946

By D. KEYS, D. E. Gemmell

The portion of the earth's surface covered by peatlands has been conservatively estimated at over 420 million ha (Kivinen and Pakarinen 1980). It is estimated that there are about 170 million ha of peatland in Canada. New Brunswick contains about 140,000 ha. Harvesting of peat for horticultural purposes has been carried out in New Brunsiwck since 1942. This industry, and the potential for using peat for energy purposes, indicated the need for an accurate assessment of the resource. In 1975, therefore, the New Brunswick Department of Natural Resources began a detailed peatland inventory. Assistance from the Canada Department of Regional Economic Expansion permitted acceleration of this program and field work was completed in 1982. Information gathered by the program will form the basis for a management plan for future use of the resource.

Jan 1, 1984

By C. H. Madsen

THE Hard Rock gold mine is in the Little Long Lac mining area, Thunder Bay district, northwestern Ontario. It is four miles by road from the town of Geraldton, which is on the Canadian National railway, 180 miles northeast of Port Arthur. The original discovery of gold-bearing quartz veins on the property was made in 1931. Shaft sinking began in the fall of 1934 and approximately 7,400 feet of lateral development on four levels was completed. In 1935, further discoveries were made half a mile west of the early workings, and the No. 2 shaft was sunk in this area in a porphyry zone. In January, 1938, a 20C-ton cyanide plant was completed and began drilling ore from the gold-bearing porphyry orebody. The daily feed was increased gradually to 300 tons in the next six months and a recovery of 97.5 per cent was effected. During the summer of the same year, a new and larger orebody was discovered to the north of the porphyry zone. It occurs in a band of iron formation and contains a high percentage of pyrite and arsenopyrite. Extensive tests were rr.ace on this sulphide ore in the Mines Branch ore dressing laboratory at Ottawa, in the laboratory of Canadian Industries, limited, at Toronto, and later at the mine, to find a suitable method of treatrr.ent. As a result of this research, a Potation plant was added to the original cyanide mill and on November 7th, 1938, differential flotation was used to separate the pyrite from the arsenopyrite fraction of the ore. The pyrite concentrate was re-ground and cyanide:l, and the arsenopyrire concentrate was stored for subsequent treatment. Differential flotation was discontinued in April, 1939, in favour of bulk formation of all the sulphides, and the whole cyanide residue was stored. On March 15th, 1939, a 10-ton pilot roaster was completed and rests were conducted on the arsenopyrite concentrate and the bulk concentrate. The results obtained led to the building of two roasters of the same type, large enough to roast all the concentrates. These roasters were put in operation on September 24th, 1939, and the calcines were cyanided in the original circuit.

Jan 1, 1941

By Lorne Sivertson, Peter Kitrredge

"World metallurgical coal imports totalled 110million tonnes in 1978. Of this amount, Japan imported 50 million tonnes, making it by far the largest and most important coking coal market . British Columbia and Alberta exported 12.0 million tonnes of coking coal in 1978, or 11% of the world total. Virtually all of these exports were directed to Japan, making up 22% of total imports.Some observers have suggested that because Japan is almost the exclusive buyer of British Columbia and Alberta metallurgical coal, the benefits of the coal trade may be primarily on the side of the powerful Japanese buyers. Buttressing this suspicion is the fact that Japanese trading companies have taken substantial equity positions in B.C. coal mines, thus presenting the possibility of non-arms-Iength transfer arrangements. There is then at least some evidence to support the hypothesis that Canada's western coal producers receive prices that are less than would prevail in a more competitive market; that is, that they are exploited.This paper produces evidence that Canada's coals are not underpriced in respect to U.S. and world markets. The conclusion is drawn that British Columbia and Alberta metallurgical coals receive prices that are equal to prices known to be competitively determined. This conclusion follows an in-depth analysis of prices, coal qualities and the economic characteristics of all major coals traded in the Japanese market. A by-product of the analysis is an equation capable of predicting the value of any metallurgical coal sold to Japanese buyers, or, for that matter, any buyer. Hopefully, this can be of some use to coal producers in developing their marketing strategies."

Jan 1, 1980

By Serena Biella

Gold has received a growing interest as a catalyst for the selective oxidation of organic molecules using oxygen under mild conditions1. In the liquid phase application small gold particles (2.5-7 nm) deposited over different solid supports can be used but, like many other noble metals, their catalytic activity depends upon the nature of the support and the preparation metod2-5. In particular, gold on carbon is the preferred catalyst for the oxidation of the alcoholic 2-7 and the aldehydic7-9 groups and one of the best preparation method is the immobilisation of colloidal particles2-5,8,9. Suggested application of gold catalysis in fine chemicals production, tested on laboratory scale preparations, is reported in table 110. In order to produce more efficient catalysts for the liquid phase oxidation and to derive new insights into the reaction mechanism, we have made a comparison among catalytic systems based on different metals. The first effort was to test the activity, if present, of naked metal particles and then to study the influence of various materials commonly used as a support.

Oct 1, 2003

By S. k. Kim, H. B. Trinh, R. R. Srivastava

"Spent auto-catalyst is a promising secondary resource of platinum group metals (PGMs), which are being extensively used in automobiles catalytic converters to control the hazardous gaseous emissions (CO, NOx and hydrocarbons). Several pyro or hydrometallurgical routes has been employed to recover PGMs from such spent materials but there is no proper process for recovering the other constituents metals. Therefore, it causes the loss of other major constituents like, Al and Mg along with rare earth metal Ce. In the present study, we investigate the dissolution of Al and Mg using sodium hydroxide (NaOH) roasting followed by a sulfuric acid (H2SO4) leaching; thereby concentrating the PGMs and Ce in leached residues. The effect of roasting temperature, time and amount of NaOH were varied. Subsequently, the dissolution behavior of metals in H2SO4 as a function of acid concentration was investigated from the roasted samples. At an optimal condition for roasting at 600°C with 1:1 NaOH-to-catalyst ratio and 60 min duration, the maximum of Al and Mg were dissolved in 1 M H2SO4 solution at ambient temperature (~25°C). Thus obtained leached residues containing enriched PGMs and Ce content can be treated separately for the recovery of these high-value metals.INTRODUCTION Spent auto-catalyst has been considered as a potential resource for recovering the platinum group metals (PGMs) (Jha et al., 2013). The commonly used auto-catalyst is made of cordierite (2MgO.2Al2O3.5SiO2) in which the chloro complexes of PGMs are impregnated onto the surfaces of porous washcoat of alumina substrate (Aberasturi et al., 2011). The average concentration of PGMs in ore are 2-4 g/ton for Pt, 7-2 g/ton for Pd and 0.2-0.5 g/ton for Rh, whereas, an individual catalytic converter weighing about 1 - 2 kg contains on average 1.56 g Pt, 0.62 g Pd and 0.156 g Rh (Upadhyay et al., 2013). Moreover, recovery of PGMs from spent auto-catalyst offers other advantages like, simple process, low cost and less pollution, as compared to recovery from primary resources (Dong et al., 2015).Therefore, technologies to recover PGMs from spent auto-catalyst has become attractive in the recent past and their recycling contribution has been accounted for 35% Pt, 26% Pd and 36% Rh of the quantity consumed in the production of auto-catalysts (Johnson Matthey, 2016)."

Jan 1, 2017

By Derek E. McBride

"Exploration work in the Beardmore - Tashota area has led to a reinterpretation of relationships between gold mineralization and the geologicalevolution ofthe area. The host volcanic rocks form two parallel volcanic belts connected by a much smaller cross-cutting band, which trends northeast from Beardmore to Tashota. This connecting band consists of mafic and felsic volcanic, plus clastic sedimentary rocks in a sequence conformable with the contact of the Onaman Lake Batholith to the east. A metamorphic aureole or incorporated xenoliths are lacking along this major contact and the only intrusive relationship observed is chilling between mafic dikes and a cold host granite in proximity to it. Granite dikes are totally lacking in the volcanic succession, or the overlying sedimentary sequence. A major part of this sequence consists of a polymict basal conglomerate with granite boulders and volcanic clasts in a fine-grained chloritic matrix. The nearest source for these boulders is the Onaman Lake batholith.Gold mineralization in significant economic quantities (+ 50 000 ounces) occurs at the top or above the mafic volcanic succession as quartz bands. In the Northern Empire Mine, the band is conformable, folded, boudinaged and the mineral zoning shows a relationship to variations in the host rock, not structural overprinting. In general, where the host mafic tuff is medium-grained, the quartz band is thicker, up to a metre wide, and carries economic grade; where the tuff is finer-grained and bedded, the band is very thin and low grade.Stratigraphic control and metal zoning shows that the mineralization formed as part of the development of the volcano- sedimentary succession. The other major deposits in the area (Leitch and Sturgeon River) have a similar structural history suggesting that they are also syngenetic in terms of the stratigraphic development. Regionally, these deposits were emplaced prior to any significant tectonic deformation but at the end of the mafic volcanic event.The mafic activity was related 10 a period ofextension which caused the volcanic troughs to develop along centres of rifting. The hiatus at the end of this event permitted extensive hydrothermal systems to form and deposit siliceous exhalite bands within sedimentary or terminal mafic volcanic environments in promixity to major thermal sources. Subsequently, the Kenoran Orogeny deformed the entire succession into upright folds with a sub-vertical schistosity. Evidence shows that the deposits have remained intact since deposition."

Jan 1, 1987

By Robert B. Parsons

"Investors in flow-through shares are going to need an expanded road map to find their way through a growing maze of tax rules affecting such shares. At the end of 1985, no fewer than three new sets of important tax amendments were tabled which could have a significant effect on flow-through share issues. This proposed legislation is discussed this month in Tax Notes.IntroductionIn a flurry of legislative activity at the end of 1985, the federal government tabled legislation which includes the introduction of new rules which will have a notable effect on investors in flow-through shares and on companies that issue such shares.First, on November 26, 1985, Bill C-84, the legislation to implement most of the changes announced in the May budget, was introduced in Parliament. This legislation includes the rules for the $500,000 capital gains exemption, a matter of considerable interest to flow through share investors.Next, on December 2, 1985, the government tabled a Notice of Ways and Means Motion which would extend the time horizon for spending flow-through share funds to include the 60-day period following the calendar year. But all news was not good news. On December 4 the government released its proposals for a minimum personal income tax, which would include rules that would catch an investor's CEE expenses and capital gains."

Jan 1, 1986