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By Dale Scott

"The Aggregate Resources Inventory Program was initiated 10 produce reports which assess the aggregate resources of municipalities designated under the Pits and Quarries Control ACI, 1971.Each report consists of three copies accompanied by a text. The text describes the local mineral aggregate resources, extractive activity and characteristics of the ""Selected Deposits"". The first map shows the known sand and gravel resources and their quality. The second map indicates selected sand and gravel resources of primary, secondary and tertiary significance. The third map indicates both bedrock resources and bedrock areas suitable f or extraction. These maps and the text are prepared in a formal suited for use by planning personnel.Recently, the Aggregate Resources Inventory Program has undergone evolutionary changes. New sources of data are being utilized in the inventory reports; in particular, detailed field assessment by inspecting, sampling, drilling and backhoe pitting. Liaison and joint assessment with district and regional Mineral Resources staff of the Ministry of Natural Resources, and personnel of the Ministry of Transportation and Communications, are key components of the Program.Twenty-two reports were available to the public as of December 1980, with a further thirty-six awaiting publication. Our present production rate is 3.5 reports per month. The reports appear to be well accepted by the municipalities and have proven effective in conserving prime aggregate resource areas.IntroductionThe urbanization of Southern Ontario has resulted in a major increase in the production of industrial minerals, such as sand, gravel, clay, shale, gypsum and stone, for use as cru shed aggregate, building stone, lime and cement.Although mineral aggregate deposits are plentiful in Southern Ontario, they are fixed-location, non-renewable resources. The potential for extractive development is usually greatest in urban fringe areas where land-use competition is extreme. Comprehensive planning and resource management strategies are required to make the best use of available resources, especially in those areas experiencing rapid development. Such strategies must be based on a sound knowledge of the total mineral aggregate resource base at both local and regional levels."

Jan 1, 1982

By J-S. Marois, F. Cappucitti, Y. Dodier, D. Downey, G. Matton

"The flotation processes of the Niobec Mine have been affected by a seasonal loss of recovery and a significant increase in reagent consumption over the past few winters. This paper discusses the problem-solving methodology that was used to identify the root causes, to develop solutions and to implement changes that resolved the problem to restore the process to summer-like conditions year-round. Mainly, it was found that the process water was contaminated by phosphates ions, which adversely affected the carbonate pre-flotation, and caused detrimental effects on the subsequent niobium flotation. The phosphate ions were being generated by the process itself, but were consumed by algae in summer conditions. It was determined in laboratory studies that concentrations as low as 5 ppm were enough to affect the circuit and that the multiple additions of process water throughout the circuit was worsening the effect. Also, temperature was found to have an impact on the reagent performance. The performance of the plant was restored by implementing a natural treatment of our process water with a simple cost-free rearrangement of our circuit streams. In addition to that, our extensive geometallurgical program was used to provide ore to the plant restricting phosphate generation in the process. Also, a modification of the collector was developed and introduced in the carbonate pre-flotation that provided improved performance during the periods of low pulp temperature.INTRODUCTION Niobec is one the three major global producers of niobium presently in operation. Situated in the Saguenay-Lac-St-Jean region of Quebec and in operation since 1976, the site produces ferroniobium (FeNb) to be used mainly in High Strength Low Alloy (HSLA) steel, which is known to have better mechanical properties than carbon steel. The Niobec operation consists of an underground mine, a concentrator and a converter plant. The concentrator concentrates niobium-bearing minerals, mainly pyrochlore and columbite, to produce a high-content Nb2O5 concentrate which is then converted to FeNb in the converter plant by an aluminothermic reaction. The Niobec concentrator flowsheet, which has gone through many expansions and optimisation over the years, consists of grinding, desliming, flotation and leaching steps. The flotation steps are numerous, sensitive and difficult to operate due to the non-selective nature of oxide mineral collectors. Thus, the pyrochlore concentration process at Niobec still faces many challenges and is constantly going through periods of continuous improvement."

Jan 1, 2018

By F. E. Millett

The following notes deal chiefly with changes from steam to electric drives, or, in the case of the Bellevue pumps, from air to electric. Where electric power can be purchased or generated cheaply it can be used to advantage and is generally more economical than steam, especially in places remote from the central power-plant. Nothing could be more simple than the operation of electrical gear. It does not require a competent engineer constantly on the alert, oiling and watching bearings, and maintenance is at a minimum. The ease with which the current is transmitted from its source to where it must do its work is one of its greatest advantages. Transmission losses are very low. Generally speaking, the smaller the plant the lower the loss and 90 per cent, and better, efficiency is easily attained. In and around Bellevue 2300-volt, three-phase, is the standard distributing pressure; our power requirements and the distances transmitted, for the present, do not require more than this. Most of the heavier motors are 2300-volt .machines, which eliminates the cost and possible troubles of step-down transformers, and makes for a cheaper and less bulky motor. This applies to two fan, two hoist, and two compressor motors, the smallest being 75 and the largest 520 horse power. The standard pressure on power lines to all inside pumps is 550 volts, and 220 volts is general for the the tipple. While 110 volts is used for house and office lighting service, it is not economical around and in the mine. No matter what kind of device is used to lock and protect the lamps, they are invariably missing.

Jan 1, 1926

By C. Greimel

Modern roadheaders provide a safe and cost-effective, yet very flexible way of mechanical tunnel and roadway excavation. In the last years, SANDVIK Mining and Construction has developed a NEW ROADHEADER GENERATION, which incorporates new features, allowing significant improvements of underground excavation. Partial face cutting machines such as roadheaders excavate the desired profile by means of a cutter unit mounted on a swiveling boom. This flexible method for mechanical excavation makes the roadheader suitable for a large range of profile varieties and most rock characteristics. Over 1,250 roadheaders have been delivered since the 1960s from the Zeltweg plant of Sandvik Mining and Construction, with the current products ranging from the light-duty, 130kW MR220 machine, widely used in the tunneling and coal industry to the heaviest 300kW tunneling and hardrock mining roadheaders. Roadheaders are generally used in coal mine development, salt/potash mining as well as construction and hard rock mining. This paper describes the technology behind the succesful introduction of hard rock cutting with roadheaders, and aims to offer best practise operation experiences from various hard rock cutting sites.

Oct 1, 2010

By John Rowson, Caitlin Brown, Kebbi Hughes, Joseph Esslifie-Dughan

The McClean Lake mill in northern Saskatchewan, Canada, is operated by Orano Canada Inc. and has been in production for the last 20 years. The tailings preparation process at the mill has been designed with decommissioning in mind, to produce tailings that are geochemically stable over the long-term within the site’s tailings management facility. Twenty years of study have contributed to a detailed understanding of geochemical and geotechnical properties of the McClean Lake tailings. Validation of the tailings properties has occurred through in-situ sampling campaigns conducted initially every year, and later every five years. Each sampling campaign has applied the same rigorous sampling procedure to provide data with useful correlations year over year. Each campaign result compares elements such as the inherent variability of the tailings, consolidation of the tailings and variations in the tailings placement methods. We will discuss lessons learned from seven sampling campaigns over 20 years and present data to show the reliable tracking of geochemical evolution of the in-situ tailings over time; providing opportunities for continuous improvements.

Jan 1, 2020

By Syamujulu. M

Subsequent to the unbundling of the Zambia Consolidated Copper Mines (ZCCM) and the privatization of its constituent parts, the Konkola Copper Mines (KCM) represents a third of the original conglomerate. Now run by private hands as a sub group of Vedanta Resources Plc of India, KCM is strategizing on how best to deal with the operational issues of the organisation to resolve some of the difficult, logistical, environmental, mineralogical and metallurgical problems being encountered to tum them into opportunities as the company turns around. This paper reviews the options being put in place to provide appropriate solutions and strategies including the treatment of the highly siliceous low energy copper belt concentrates in its mining operations in Zambia.

Jan 1, 2007

By Mark W. Booth

THIS paper deals with the subject of inbye power as the mechanical . engineer sees it, and invites discussion, particularly from the electrical engineer. At the outset, it will be necessary to clear the ground a little by some definite statements. In this question of compressed air versus electricity for the transmission of power and driving of machinery in underground workings, we must see that there are definite fields that compressed air on the one hand, and electricity on the other, can fill to much greater advantage than the other, and in which there can be little or no direct competition, at least for the present. It is under conditions where these fields overlap, and as to where the line must be drawn between the two, that the respective merits of each must be considered. Steam was the first means used to transmit power from the surface of a mine to drive underground machinery, and so long as distances were short and means possible to ensure fairly efficient use of the steam, and where the fire hazard was not in evidence, it gave fairly efficient service. I have in mind an instance during my own connection with the mines-a duplex pump at the shaft bottom at Princess colliery, driven by steam, and which used the steam compound and condensing; and, but for the mechanical difficulties, it was a not inefficient proposition. The steam was taken direct from the surface boiler-plant through a line down the shaft, and used directly at the pump, being in effect a straight conversion from coal to steam to work done. It was the mechanical arrangement, and failure of the pump in that direction, that led to its removal and replacement by something better in the way of an electrically driven turbine pump. Given modern mechanical arrangements, such as a steam-turbine drive on a high-speed turbine pump, and all other parts made in accordance with best practice in the art of steam generation and use, a steam-driven unit fully as economical would have been obtained. But the central electric supply station, and all that that means or promises (not always the same), turned the scale against steam.

Jan 1, 1936

By Neil Campbell

Abstract Following discovery on the Giant property of very promising gold deposits, some of which terminate against the steeply-dipping West Bay fault, a geological study was initiated co locate possible faulted extensions of the ore. Geological mapping revealed that the ore and the shear zones to which the ore is confined are older than the fault and therefore subject co displacement by it. It also disclosed several diabase dykes which seem co provide the best basis for determining the fault movement. After applying various techniques co determine their strikes and dips, the dykes were used as structural markers and it was estimated that, subject co certain possible errors, the movement on the fault was 16,140 feet (3.06 miles) south and 1,570 feet (0.297 miles) down on the west side relative co the ease. Evidence supporting this conclusion was obtained when subsequent deep diamond-drill holes intended to test the hypothesis cut an ore-bearing major shear zone which, so far as can be determined, is nearly identical with its present correlative on the Giant property. Introduction The fault under consideration follows a northerly trend past the west side of the original settlement of Yellowknife, which is situated 600 miles north of Edmonton and 400 miles from the Northern Alberta Railway terminus at Waterways, Alberta. The mining properties chiefly concerned include the southern part of the Giant claims, on the east side of the fault, and the Con-Rycon-Demelt claims, on the west side, 3Y2 miles to the south. Geological data were also obtained from the eastern part of the A. Y.E. property, which lies south of the Giant claims, and from the Negus, Meg, Yellorex, and Kam properties, which are south and southeast of the Con-Rycon-Demelt claims. Recognition of the major faults in the Yellowknife Bay area, including the West Bay fault which appears to be the greatest, resulted from the work of Dr. A. W. Jolliffe (McGill University, formerly of the Geological Survey of Canada) in 1935 and subsequent years. It has been stated with little exaggeration that these faults rank with the largest known steeply-dipping dislocations of the earth's crust. In the winter of 1939, a mineralized shear zone named the Creek Vein was found on the Giant property. It was noticed that the space relationship between the new shear zone and a body of quartz-feldspar porphyry is roughly the same as that between the Con C-4 shear zone and a body of acidic flows lying north of the Con property. Coupling this relation with the assumption that the movement along the fault is dominantly horizontal, it was postulated that the Giant shear zone represented the faulted extension of the Con C-4 shear.

Jan 1, 1947

By Hugh K. Taylor

"With some justification, people have long complained about the indefinition of ore reserves. Perhaps they were led to expect too much; from former and easier definition practices in the once common underground mines with exposed and available assets, where the obsolete term 'ore in sight' was at least partly literal. But such mines have become rarer, and their underground development less affordable. For most projects, valuations and its definitions have thus been advanced from actual to prospective mines, leaving a very wide gulf between 'what is there' and 'what may happen to it'. This brings the double challenges of reduced geological and technical assurance and the protraction of economic uncertainties.This paper avoids the popular field of regional resources, being confined to what may possibly be mined within single or closely grouped deposits. For these, many estimates of tonnage and grade must be made, defined and declared long before assessment of feasibility; and the uncertainties of the latter make it an unsound base for defining the earlier quantities. Despite the best of intentions, implied or inferred promises may proveimpossible to honour.A simpler framework of definitions is suggested, to some extent reverting to an earlier dependence on supporting work rather than on opinions of economic assurance or future events that are more properly the functions of production and cash flow schedules."

Jan 1, 1994

By Mohamad Kharseh

There is general acceptance that climate change, which is the most important challenge facing humanity, is anthropogenic and attributed to fossil fuel consumption. Therefore, improving the performance of our existing energy systems and deploy more renewable energy resources is an urgent issue to be addressed. Geothermal refers to existing of heat energy in deep rock and sedimentary basins. This energy can be used to drive a power turbine to generate electricity. Traditionally, geothermal has been exploited in places with the plentiful hot water at relatively shallow depth. In the light of fact that ground temperature increases with the depth everywhere on the Earth, engineered geothermal systems (EGS) can be installed in any place to exploit the geothermal in generating energy. Unfortunately, the high exploration and drilling costs of boreholes is the main barrier to commerciality of EGS worldwide. In addition, there are technical problems associated with drilling big depth. In oil producing countries such problems can be addressed by utilizing whether active or abandoned oil or gas wells and, consequently, EGS can produce power at profit. The current study presents an analysis of a binary geothermal power generation system for commercial electricity generation in Qatar. For this purpose, two binary cycles are assumed the main difference between them is that the first one is air cooled while the other will be water cooled. The performance of the two cycles and the possibility of improvement has been shown. Economic analysis the power plant shows that the levelized costs of electricity is 3.6US¢/kWh and the pay-back time is less than 8 years.

Aug 1, 2013

By P. V. Golde, R. A. Poole, G. R. Baiden

"INCO is committed to proceed into the next century using automation and robotics to achieve safety and productivity goals necessary to enhance its competitive position. Stobie Mine, decades old, is the first of its mines to change from labour-intensive to automationassisted techniques. This paper is a synopsis of the progress made during the transition period including overviews of some of the projects as well as some of the difficulties in the assimilation of the technology. BackgroundThe ObjectiveThis paper is an update on remote control and LHD automation installation at Stobie mine. The communications system installed at the mine and the ability to remotely control underground equipment from surface is reviewed (Poole et al., 1996, 1997). It discusses some of the experiences and processes required to further the concept to consolidate the operation of multiple machines under a single operator. It considers the communications systems requirements and their focuses, particularly on the development of systems for the tele-operation of LHDs and drilling machines from surface."

Jan 1, 1998

By J. E. Amadi-Echendu, F. Stober, J. Ndlovu, L. R. Nelson

The Polokwane Smelter Complex (PSC) relies on a single 68MW high-intensity six-in-line furnace to smelt a planned 650 000 t/a dry concentrate to produce a platinum group metals (PGM)-bearing matte. As typical of a greenfields venture, considerable attention was paid to the project development and implementation stages of design, engineering, construction and commissioning. Somewhat unusual though, was the role of a dedicated multi-disciplinary "Operational Readiness" and support team, comprising the owners team and specialists from the furnace designer, HATCH, to effect a safe and rapid ramp-up to the design smelter capacity of 68MW. The challenges encountered in developing an effective partnership will be discussed. The modus operandi and roles of the "Operational Readiness" team during the design, procurement, construction and commissioning stages as well as that of the operational support team within the overall ramp-up objective will be presented. The "Operational Readiness" team was responsible for:

Jan 1, 2005

By Alf Hartling

"Most of the Paleozoic section of the Williston Basin is a thick accumulation of numerous carbonate to evaporite, shallowing upward, cyclic sequences. These sediments were deposited in broad epeiric seas, and the deposition of the evaporite facies marked the final stage of each cycle. Many of the sequences display a pervasive replacement dolomite in the uppermost portion of the carbonate units. This secondary dolomitization is, at least in part, an early diagenetic event, synchronous with evaporite deposition.The inception of evaporite precipitation resulted in the seepage of a dense, Mg-rich brine into the underlying sediment. The heavy brine moved down the gentle regional dip displacing the more normal marine interstitial pore fluid and dotomitized the primary calcitic sediments en route. The supply of Mg-ions decreased away from the source, and correspondingly, the degree of dolomitization decreased and larger crystals formed because of slower nucleation at fewer sites.The seepage refluxion of dolomitizing brines gave rise to the frequently observed textural variation of cryptocrys talline, impervious dolomite grading into a finely sucrosic, permeable dolomite down-dip. This diagenetic facies change provides the critical up-dip barrier for potential hydrocarbon reservoirs. The lateral pool boundaries are controlled by either structural relief or a similar diagenetic facies change. The reservoirs are capped by the tight evaporites.Hydrocarbon production is attained from diagenetic traps in the Mississippian Oungre Zone and the Ordovician Red River 'C' Zone . Reservoir creation and the pooling mechanism are the result of dolomitization by the seepage refluxion of dense, Mg-rich brines beneath restricted, hypersaline lagoons. When formulating an exploration/ exploitation program for these oil prone horizons, it is essential to understand the complete geological history in order to establish where the reservoirs will be found and to define the areal extent of each accumulation."

Jan 1, 1984

By David Sanscartier, Elizaveta Petelina, Alexey Klyashtorin

This paper provides an overview of the radiological risk mitigation approach applied by the Saskatchewan Research Council (SRC) for the remediation of 35 legacy uranium mine sites in northern Saskatchewan where uranium exploration and extraction took place in the 1950–60s. Mining activities resulted in an irregular increase of the gamma radiation dose rate (up to 18 μSv/h). The radiological objectives for the sites include a gamma dose rate at a spot (<2.5 μSv/h above local background), and the dose rate averaged over a hectare (<1 μSv/h above local background). These objectives are generally achievable at the impacted sites through the installation of shielding soil cover. This method may be impractical for site areas with rough terrain (e.g., steep slopes) and/or difficult access. A risk assessment approach is applied to determine if these areas can be safely left uncovered or if additional mitigation measures should be implemented. The risk assessment approach is based on two factors: (i) the ambient radiation dose rates collected through gamma surveys, and (ii) actual land use data collected through various surveys of activities of local community members at the sites. Exposure scenarios based on four land uses are applied to estimate a potential annual dose load for members of the public. The estimated doses are compared with the criterion of 0.3 mSv/a recommended by the Canadian Guidelines for the Management of Naturally Occurring Radioactive Materials (NORM). If the criteria are not satisfied, a mitigation plan is developed, and post-remediation gamma levels are modelled using GIS tools to evaluate the performance of the proposed mitigations. The proposed approach allows the team to optimize resources for the site remediation so that public exposure to NORM are as low as reasonably achievable after remediation.

Jan 1, 2020

RISKGATE is an interactive online risk management system developed by the Minerals Industry Safety and Health Centre (MISHC; University of Queensland) to assist the mining industry in implementing continual improvement in management of major unwanted events so maximising health and safety performance. A comprehensive body of knowledge has been compiled from diverse mining industry experts for risk management of tyres, collisions, fires, isolation, strata underground, ground control open cut, explosions, explosives, manual tasks and slips/trips/falls. This paper presents an overview of the RISKGATE body of knowledge captured specifically for the management of unwanted events that stem from the handling and use of explosives (drill and blast) within surface coal mining operations. The knowledge presented is divided into a series of initiating events (listed below) within which there are further degrees of classification based on design, operation, and management concerns. Initiating events: ? Loss of control of explosives and associated chemicals in storage on site ? Loss of control of explosives and associated chemicals during transport ? Loss of control of explosives and associated chemicals during manufacture ? Loss of control of explosives and associated chemicals during handling and blast operations ? Loss of control of explosives and associated chemicals during disposal The system guides the user in generating substantive and leading-edge controls to assist in the design, management and reporting of drill and blast operations to meet stringent internal and external requirements. From a broader industry perspective, RISKGATE provides an environment for knowledge capture and knowledge exchange to drive innovation and best practice in the identification, assessment and management of risk. By capturing operational knowledge from industry experts, RISKGATE provides a cumulative corporate memory at a time of high personnel turnover in the coal industry.

Aug 1, 2013

By Michel Ruel

Most plants do not track how their systems perform. Optimization is the easiest way to benefit from your control systems. We suggest an approach in four phases. The first phase is to assess all equipment to determine the performances for instruments, valves, variable speed drives, and other equipment. The second phase is to remediate instrumentation problems, including the ones pertaining to valves, variable speed drives, analyzers, transmitters. When equipment is in order, loops are put back in automatic mode. If a loop oscillates, use standard default values for this type of loop. The third phase consists in validating the control strategies, properly configuring the systems (control system, programs and parameters, HMI, alarms), and then tuning the loops and control strategies. The fourth phase consists in analyzing the process and expected performances in order to optimize the control loops and control strategies. If performance is not sufficient, a decision tree will be presented to determine the right approach: advanced regulatory control, model predictive control, or fuzzy logic control. Once all steps have been completed, control performance monitoring software is used to sustain the results and pinpoint equipment or loops not performing as stated. Alarm management and rationalization could also be performed after auditing the alarm system, if needed. Examples from plants will be used to demonstrate how this step-by-step method is applied and produces results. INTRODUCTION Maximizing what you already have is the best investment to remain competitive. This article aims to show the benefits of a systematic approach using modern tools to improve plant performance. We at BBA suggest dividing the work in four phases, and a subsequent phase can begin when the previous one has progressed: Assess, Remediate, Stabilize, Optimize, or add advanced control. This approach has been successfully applied to several sites. Examples and illustrations from these plants demonstrate how this step-by-step method is applied and produces results. Under the BBA method, there are four questions to answer before proceeding to the next step. For each control strategy, you should ask the following questions: Assessment: Does it work? Remediation: Do you use it? Stabilization: Is it stable? Optimization: Does it perform? Do you need advanced control?

Jan 1, 2019

By J. E. Dutrizac, J. B. Sunstrum

Until relatively recent times, virtually all gold was recovered by gravity and/ or amalgamation methods. Although such techniques are very effective on coarse gold, they become increasingly less useful for finer grains especially when the gold is partly enclosed in rock matrix. Throughout the nineteenth century a number of bonanza gold fields were found in the United States, South Africa, Australia and Canada. In every case the abundant supply of gold nuggets and coarse alluvial gold soon gave way to hard rock mining with its inevitable losses of fine gold in the stamp mill tailings. Continuing efforts to develop new technologies capable of dissolving gold from finely ground ore were eventually successful first with chlorination (the Plattner process) and subsequently with cyanidation. Even before the nineteenth century, however, European chemists such as Scheele and Berthollet were aware that gold could be readily dissolved in an excess of free cyanide(1). As early as 1840, a patent was issued to the Elkington brothers for the dissolution of pure gold in cyanide solution and its subsequent plating onto various metals, with or without an applied electrical current. In 1846, Elsner showed that oxygen was also required to solubilize gold or silver in cyanide media(1). Despite the fact that much work was done on the reaction of cyanide solutions with gold, a viable leaching process for gold ores did not quickly emerge although cyanide solutions were used to enhance amalgamation from the 1860s onward. Major problems were associated with the use of concentrated cyanide solutions; the costs of cyanide were excessive and it was difficult to recover gold from the concentrated media.

Jan 1, 1999

By Terry Gerritsen, Sylvain Picard, Bruce MacKay

Virtually all new technologies require a control system. Any intense process has many process variables that react quickly making manual control difficult. Control system design has a significant impact on the success of a plant especially during ramp-up. New technology projects are particularly sensitive to control system design as the process response is unknown. This paper discusses the important factors encountered in the design of a control system for a new technology. Examples are given of successful new technology plant start-ups where tight coordination of the process control system implementation, process design and selection major equipment led to rapid ramp-ups.

Jan 1, 2011

By D. C. Fraser, W. J. Scott

"Airborne electromagnetic surveys were flown during 1965 in the Moose River area of Ontario. The systems used were INPUT Mark II and the Canadian Aero Otter. Anomalies indicated by both systems were located on the ground with vertical-loop EM. Two such anomalies were drilled, with no explanation being found in the bedrock geology. Subsequent seismic, resistivity and gravity surveys indicated that the sources of these anomalies lay in the overburden. Current work in the similar geological environment of the Winisk River area has shown that comparable AEM anomalies can still be misleading. The lesson to be, learned from these experiences is that additional geophysical work can help to resolve doubtful cases before drilling decisions are made."

Jan 1, 1973

By M. Boodman, E. Gertner

"At first glance, the activities related to mining and mineral exploration appear to be local or domestic, rather than international, in nature. Minerals, as corporeal or tangible property, form an integral part of the land in which they are found until extracted and exploited commercially. Even in the latter phase, the tangible nature of minerals gives the impression that the law governing the commercialization of minerals is the law of their situs at any given time. The nature of minerals appears to negate the international aspect of mineral enterprises.The fundamental flaw in the above analysis is its focus upon the nature of minerals, rather than the role of persons in mineral enterprises. The high costs of mineral exploration and commercialization invariably require the involvement of international consortiums or joint ventures. Governments may not have access to the funds necessary to exploit the mineral resources that they control. Local or domestic enterprises may not have sufficient expertise for mineral exploration. Further, markets for various types of minerals are far from localized or static. For these and other reasons, the tangible and localized nature of minerals belies the fundamentally international nature of mineral exploration and commercialization."

Jan 1, 2004