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By Dayle Denton, Lloyd Buckingham, Kenneth G. Thomas, Jacques McMullen

"The dry grinding and leaching circuits of Barrick Gold’s new Roasting Facility at Goldstrike Mine in Nevada, USA incorporate well proven technologies in a unique combination. During the design of the plant, every effort was made to utilize the best available technologies from the perspective of capital, environment and operating costs.Crushing is a two stage process using gyratory and cone crusher. Ore is stockpiled and then reclaimed to two parallel dry grinding mills. The double rotator dry grinding mills include a drying chamber, coarse and fine compartments and utilize a gearless motor drive (GMD) or “wrap-around”. In-circuit product transfer is accomplished with air slides and bucket elevators. Finished product separation is performed by both static and dynamic classifiers with the final product captured in baghouses. Recycle of unfinished product utilizes cascade chutes.The final ground product reports to two 2000 ton roaster feed silos. The two-stage oxygen flu-solids roasters with their associated gas train are the subject of a separate paper.The cyanide leach circuit is a standard carbon in leach system with circular swept screens for interstage carbon retention. The loaded carbon is sent to the existing Goldstrike autoclave plant for stripping and regeneration. Tails, after cyanide destruction, are deposited in the existing tailings dam with tails from the autoclave facility.Throughout the circuit, Clean Plant Design criteria were used to assure environmental compliance, ambiental acceptability and ensure worker health and safety. The commissioning and operation of the double rotator grinding technology has been very successful at Barrick Goldstrike."

Jan 1, 2001

By K. Parameswaran, A. Veek, A. Fernandez, P. Safe

ASARCO LLC (Asarco) Hayden Copper smelter, in Hayden, Arizona, has operated continuously (except for minor labor and economic curtailments) since 1912. The current plant configuration comprises INCO flash smelting, Peirce Smith (P-S) converting and fire refining/anode casting. In order to comply with the U.S. Environmental Protection Agency (EPA) 1-hour National Ambient Air Quality Standards (NAAQS) for sulfur dioxide promulgated in June 2010, the Hayden smelter had to increase overall sulfur fixation from approximately 95 % to 99+ %, requiring a retrofit of the existing converter department and upgrade of associated emissions controls systems. The Converter Retrofit Project (CRP) involved replacing the five existing 13’ diameter Peirce-Smith converters (2 blowing, 2 hot standby) with three new 15’ diameter Peirce- Smith converters (1 blowing, 1 hot standby) to allow for more effective process gas capture using the existing acid plant contact section. Significant upgrades were made to the acid plant wet gas cleaning section and converter primary gas handling system to improve capture performance, reliability, and sludge handling. In addition, a new tertiary gas capture system was installed to further minimize fugitive emissions from the converter aisle. The existing furnace tapping ventilation ESP was replaced with a new baghouse to enable at least 50% SO2 removal using high-surface-area dry lime injection, which was also implemented on the existing converter secondary gas baghouse system. The first two converters and all gas handling system improvements were started up in April 2018, and the third converter was brought online in November 2018. This paper presents the regulatory context; genesis and rationale for CRP; detailed description of the project; challenges during commissioning; system improvements implemented, and design considerations made, and systems performance and process optimization achieved since startup.

Jan 1, 2019

By Christian Ottergren

"Modern crushers offer double the capacity and performance of classic models. In some cases crushers are replacing SAG circuits, the advantages being smaller investment and lower operating costs. Is Tertiary crushing replacing SAG milling as the most optimal grinding method? Does tertiary crushing achieve the same outcomes as SAG milling? This paper considers these questions and provides an assessment of the strengths of tertiary crushing in comparison to other methods. Two case studies: a Scandinavian Platinum Project, and CODELCO, are also presented.INTRODUCTIONResearch on basic parameters in crushing started at Chalmers University in 1993. The initial project has developed and now involves several related areas. Modelling in accordance with new theories has resulted in modified designs which have been implemented and shown improved performance at operating mines in Chile. Sandvik Rock Processing is a partner and a major supporter of this program. This paper will cover some of the achievements and give references to the research reports.The mining industry has for many years mainly used crushers of the traditional 7’crusher concept, with thread adjustment of the setting and with a spring or hydraulic overload system. This machine type has been the workhorse for crushing throughout the world. The explanation for the dominance of this machine is that it has a reliable mechanical design. It can be estimated that about 2000 crushers of this design are still at work.Technical development in all fields utilizes new technologies like high-strength materials, advanced control systems and more extensive use of hydraulics. This is the reason why today’s motorcars, for example, are more efficient, more reliable and more environmentally friendly than their predecessors in the 1950s. Crushers are no exception. This paper will cover experience from the latest-generation cone crushers developed by Sandvik Rock Processing.The parts in this paper related to the CODELCO ElTeniente copper mine in Chile are coauthored with responsible personnel from the operation at the mine."

Jan 1, 2004

We report the studies of Proton-Exchange Membrane Fuel Cells (PEM FC) and hydrogen storage materials at McMaster University for the last 14 years. From the initial investigation of ionic conduction mechanism to the revelation of the origin of non-Arrhenius temperature dependence, as well as the synthesis and characterization of high temperature polymer electrolytes, both experimental and theoretical works have been compiled for the fuel cell membranes. In addition to the discovery of suppressed ionic conduction in Electrode-Membrane Assembly (EMA) and novel hydrocarbon PEMs based on micro-emulsion, the first evidence of hydrogen adsorption saturation by carbon nano-tubes was also achieved, which has been the bottleneck for the application of PEM FC. Prior to our study, a number of controversial publications have claimed the hydrogen capacity of these materials to be between 0.1 to 10.0 wt.%, and none demonstrated a plateau of adsorption with pressure that is consistent with monolayer saturation. Others suggested that the tube bundle structure is opened under high pressure to enable higher adsorption on newly uncovered surfaces, but received no confirmation. Using our home made high-pressure instrument with in-situ electrical probes, we found that a plateau is nearly achieved at about 300 atm in the room temperature isotherm, and that nanotube bundles actually compress with pressure instead of splitting, using in-situ electrical measurements.

Jan 1, 2005

By Colin Hardie, Simon Pelletier, Rakan Rhabani, Guy Comeau

"In order to improve the nickel concentrate thickener operation at Raglan Mine, two pulp deaeration cyclones were installed. These units obtained from Outotec Pty Ltd, also called the FrothBuster®, have been in continuous operation since mid-October 2006. The primary objective of the de-aeration cyclones is to lower the solids content in the thickener overflow by de-aerating the concentrate pulp before it enters the concentrate thickener. This dearated slurry should help decrease the nickel particle losses that report to the thickener overflow because of the flotation effect within the thickener.Optimizing the de-aeration cyclones has been a slow and ongoing process, however, initial testing is encouraging. The latest test results indicate a 50 % reduction (0.070 to 0.035 % solids) in nickel losses to the concentrate thickener overflow resulting in an additional $350,000 in annual revenues.This paper will present an overview of installing the de-aeration cyclones within a limited space, as well as the preliminary commissioning and testing challenges. This paper will also discuss the most recent concentrate thickener operating results since the de-aeration units were installed.INTRODUCTIONThe Xstrata Nickel Raglan Concentrator, located at the northern limit of Quebec’s Nunavik Region has been in production since 1997. In early 2002, the concentrator implemented the Zero Process Water Discharge (ZPWD) project to recycle the process water to decrease fresh water consumption and reduce discharges to the environment. Due to this initiative, the chemistry of the process water changed significantly resulting in flotation concentrate streams, which were very frothy and difficult to manage. This phenomenon has resulted in operational challenges in many areas of the concentrator including slurry pumping, flow measurement and concentrate thickening.In October 2005, the Raglan Mine underwent a conversion from an AG mill to a SAG mill operation in order to increase throughput and to optimize key process areas. As part of this project, the first two North American pulp de-aeration (FrothBuster®) units from Outotec were installed to improve the operation of the concentrate thickener. The primary objective of the deaeration technology was to lower the solids content in the thickener overflow by de-aerating the concentrate thickener feed pulp. This in turn was to reduce the froth, which accumulates on the thickener surface, and more importantly reduce valuable nickel losses to the thickener overflow because of the flotation effect within the thickener."

Jan 1, 2008

By Leslie McHattie

?Intelligent mine? conjures up a futuristic image of unmanned extractors and loaders working in harsh conditions in a remote lunar landscape. The promise of increasing mine fleet productivity and solving the problem labor shortages in mining regions can certainly be achieved today through remote controlled extraction and automated hauling. The technology is available and it doesn?t seem to be so much science fiction when Google?s self-driving cars hurtle down the freeway. ?Intelligent mining,? on the other hand, implies the application of information technology at every phase of the mining value chain, from exploration and geological modeling to equipment, operations and maintenance, and logistics and transportation. These are really industry-specific, enterprise-class software solutions focused on using information technology to support the business processes of mining and make them more efficient and effective. Overlaying the physical world with the digital or virtual world enables us to model and simulate our assets, giving us the ability to effectively design, build, and ultimately optimize the performance and reliability of our assets throughout the lifecycle. The digital asset, often a 3D model, is created initially during the engineering and construction phase, and is handed over to the operator before the mine goes into operation. Combined with geospatial or geographic information systems, the operator has a complete digital representation of the physical world, which forms the foundation for risk and performance management, along with compliance and regulatory reporting. Laser scanning and positioning technology can be used to create point clouds ? information models consisting of millions of data points ? which enable the visualization and representation of the ?as-operated? reality. But consider that once the mine is in operation, it throws off an endless stream of data in the form of performance and condition data from sensors and monitoring devices on fixed and mobile assets through networks, servers, and services. This ?big data? can be processed and analyzed to spot trends, help predict events, and formulate reliability strategies as early as the design stage (e.g., reliability-centered design). ?Intelligent mining? implies that massive amounts of data augment the reality of the physical mine, plant, and equipment. This embedded intelligence can be used to optimize operational efficiency, increase asset availability and utilization, improve safety and environmental integrity, and maximize return on investment. Lastly, the sweet spot for intelligent mining is seen in the convergence of consumerization and industrialization. The application of ?consumer? technologies that we use every day on our iPhones and Android devices, such as cameras, motion sensors, and positioning in an industrial context, are producing ?immersive? experiences. Overlaying the digital world on the physical world and connecting them accurately through intelligent positioning results in ?intelligent infrastructure,? which is safer and more sustainable. Bentley Systems works with many mining companies and engineering, procurement and construction companies involved in all aspects of mining infrastructure development. In fact, 10 of the top 20 mining companies ranked by market capitalization are users of Bentley software, including all of the top five. In addition, Bentley provides software solutions to the world?s leading engineering, procurement, and construction companies, as well as owner-operators, who design, build and operate the world?s infrastructure. Bentley?s solutions for mining and resource extraction industries help increase the efficiency of capital projects associated with the design, procurement, and construction of mines and processing plants, as well as the operation and maintenance of mining fleet and equipment.

Aug 1, 2013

By K. Meyer

"The largest cost centres of the David Bell Mine concentrator are grinding, leaching and effluent treatment. Optimizing results during the 6th year of operation are listed below: o SAG mill slurry density control and operating strategies improved liner life and media consumption by 10 and 25%, respectively.o Poly-met liners clad the SAG mill except for the feed end. Lower noise levels and reduced mill downtime have resulted in an improved and more efficient workplace (time required for liner changes is 2 to 3%).o A comparative grinding media study using seven different marked media at the same time showed media wear rates range 120 to 198 mg/kWh and ball mill charge replacement frequencies of 8.3 to 13.1 per year, and that a meaningful wear test must include all media to be tested at the same time in the same mill. High quality carbon steel cylinders had the best economics.o Pre-aeration, using pure gaseous oxygen is accomplished in pipe reactors. Small bubble generators provide oxygen in the first three leach tanks. 1500 to 3000 kg of oxygen is consumed per day. Leach kinetics have improved and trends indicate increases in gold recovery of three to seven ounces per day at reduced costs. Effects of reduced cyanidation of accessory metals on the effluent treatment plant will be discussed in a separate paper."

Jan 1, 1991

By Robert Keyes, Charle Knowles, Glenn Kendall, Gary Fletcher

"The metal mining industry in Canada has been dramatically affected by the changes that have occurred in the world mineral market place. World economic restructuring in the post ""oil shock"" period of the mid-1970s, greatly increased competition from suppliers in the developing countries, and commodity price and currency pressures have all combined to severely test Canadian competitiveness. In the new mining world, the rate of growth of demand for metals has declined due to product downsizing, materials substitution, and a relatively slower growth of over-all world economic activity.The interplay of market and political factors is complex. Canadian metal mining companies must compete in world markets against low-cost producers in developing nations whose priorities often appear to be centred on maximizing foreign exchange earnings to foster development goals and debt repayment. Many of these countries have high levels of government intervention in their mining industries. The result is a greatly in-creased number of suppliers all vying for a share of a world demand growing at a relatively slower rate than in the past. To be able to compete under these circumstances, Canadian companies have had to undertake 'survival mode' measures and look to new ways of doing things. In order to identify the effects that the recent market and economic trends have had on the Canadian metal mining industry, a study was undertaken by Canada Employment and Immigration to assess these changes and their implications for the metal mining workforce.The Canadian Occupational Projection System (COPS)—Sector Study Group with the cooperation of the Mining Association of Canada, undertook a human resource survey to gather current employment and occupation information. This formed an important part of the Canadian Occupational Projection System Metal Mining Sector Study. This article addresses the with survey results, a C.E.I.C. worker mobility study, and trends and issues that are changing the mix of jobs and the way they are being done.Figure 1 shows metal mining employment for the period from 1974 to 1984. It provides a clear picture of the employment swings that the industry has experienced especially during the recession period of 1981 to 1983. From 1981 to 1983, employment dropped by 14 000, from 68 000 to 54 764, and then dropped to its lowest point in 1984 of 52 783. We feel that employment in the medium term will be flat with growth in gold mines being largely offset by continued workforce rationalizing in other sectors.Perhaps the key point is that equivalent levels of output have been achieved in the recent period (1981-1984) with a workforce that is 25% smaller than it was in 1974. This also raises the questions which the COPS/MAC survey and COPS mobility study sought to clarify, namely, what jobs have been cut and where have these people gone? Equally important are the questions of occupational skill level changes, and what types of jobs are declining and which ones are becoming increasingly important, as economic and technological changes have altered the mining work place."

Jan 1, 1987

By Yaw Boadi, Andrew McCallum, Sandy Gray, Yavuz Atasoy, Peter Wemyss

"Various full-scale test programs and installations of the InLine Pressure Jig (IPJ) have provided evidence that pre-concentration of the difficult to leach sulphide mineral through gravity can provide significant increases in economic recoveries. The continuous gravity concentrates are intensively treated either by re-grinding or Intensive Cyanidation. Data from various mine sites worldwide is presented. Treatment of complex ore bodies with this low cost methodology may render previously uneconomic ore bodies financially viable and assist in the recovery profile of transitional ore.INTRODUCTIONThe use of gravity is made extremely attractive in complex ore situations due to the low cost of operation, typically a few cents per ton operating cost and lack of chemicals.Gold mines which suffer from poor recovery due to complex mineralogy such as Stibnite, Arsenic, Carbon, Telluride, Silver and other pacifying agents such as Iron, which can form coatings, can all benefit from the process proposed in this paper. The key issue is not overall recovery as much as one of economic recovery. The key to this is maximised recovery at the lowest possible capital and operating cost. Other options such as flotation are reviewed but are not seen in many instances to be the panacea due to issues discussed in the paper. The use of the InLine Pressure Jig in the re-circulating load of the milling circuit is a cost effective means of recovering a sulphide/gold concentrate containing the complex mineral assemblages which require re-grinding and intensive leaching for optimised gold recovery.The benefits of Jig Assisted Grinding (JAG) are many and the challenge over the past years has been developing, understanding, implementing and evaluating the benefits of various flowsheet models. This has involved the reconciliation of results in plant scale trials back to the original laboratory test program. The following paper outlines the insights gained in this area through extensive work carried out by many people across both laboratories and plant sites in Australia and overseas. The examples in this paper are some of the work carried out on a few selected sites but similar work has been carried out on other sites such as Penjom, Granny Smith and Agnew. This work has eventuated in several installations which we believe have great importance in the future of the gold processing industry. They will lead the way forward to the modern all-gravity plants of the future.Compared to flotation, for the recovery of sulphides, gravity is a simple option. The simplicity generally translates to low capital and operating cost."

Jan 1, 2004

By Robert E. McIvor

The Functional Performance Equation for Ball Milling” was first presented in 1988. It now has been used successfully in more than a dozen mineral processing plants. This powerful, yet simple tool provides a new level of understanding of closed circuit grinding. It shows how grinding circuit efficiency is in reality comprised of two distinct efficiencies. It demonstrates how circuit production rate is related, collectively, to these two efficiencies, mill energy input, and the grindability of the ore. It links circuit performance to design and operating variables that can be manipulated, and creates an effective strategy for making plant improvements. This paper covers the derivation and industrial validation of this equation. As part of an engineering and management system that also incorporates suitable metrics and process control, other operators can now use this tool to make improvements and to manage the performance of their grinding operations with clarity and confidence.

Jan 1, 2005

By Chuck Edwards

"Cameco operates the high-grade McArthur River uranium mine in northern Saskatchewan, and is constructing the high-grade Cigar Lake uranium mine. Cameco has studied the concept of underground milling of high-grade uranium ore. Compared to conventional milling on surface, the underground milling scheme appears to offer significant cost savings and a lower environmental impact. This paper describes the underground milling scheme, presents process flowsheets and plant layouts, and provides an assessment of potential benefits from underground milling.INTRODUCTIONCameco CorporationCameco is the world’s largest uranium producer, with three operations in Saskatchewan (Rabbit Lake mine/mill, McArthur River mine, and Key Lake mill), two in the United States (Crow Butte and Smith/Highland ISL operations) and two new mines being developed in Canada (Cigar Lake project) and Kazakhstan (Inkai project). Cameco provides uranium fuel refining and conversion services at its Blind River and Port Hope facilities in Ontario. Cameco is part owner (31.6%) of Bruce Power that leases eight nuclear power plants located in southern Ontario. Cameco is the majority shareholder in Centerra Gold Inc., which operates gold mines in the Kyrgyz Republic and in Mongolia.Global Uranium Production RequirementsCentral to Cameco’s view of future uranium supply requirements is the belief that the world is experiencing a nuclear renaissance. This belief is supported by a number of developments, including:•,?Countries representing half the world’s population are now constructing new nuclear power plants. Many countries without nuclear power have begun to plan for it, seeking reliability, clean air and energy independence.•,?Accelerated growth for this industry is also becoming much more likely. In Asia, primarily in China and India, 92 reactors are under construction, on order or planned to help meet rapidly expanding economic needs. Other Asian countries, such as Vietnam and Indonesia, with large populations and rapidly growing economies, are also expected to follow.•,?In the United States the “Energy Policy Act of 2005”, the first energy legislation introduced in over a decade, was signed. This legislation includes provisions recognizing, for the first time at a national level, the clean air contribution of nuclear energy and its critical role in meeting energy security. Upon signing this landmark legislation President Bush stated, “We will start building nuclear power plants by the end of this decade.”"

Jan 1, 2007

By R. S. Bowman, G. S. Austin, J. M. Barker, P. S. Freeman

The physical, chemical and mineralogic characteristics of zeolites allow commercially important applications. While adoption of zeolite technology is slow in the United States compared to other regions of the world, continued testing and research has shown a wide range of uses for these minerals. They are important catalysts in petroleum refining, molecular sieves able to separate gases, and chemically inert carriers of reactants. The zeolite clinoptilolite produced by St. Cloud Mining Company (clino) (SC) is used in animal hygiene and animal feed, especially concentrated animal feeding operations (CAFOs), horticulture, water treatment, floor dry, aquariums, air and other filters, and odour control. Clino can remove cations from solution, and surface-modified zeolite (SMZ) is a sorbent for the removal of anions and neutral organics from water. Specific clino applications are: control of chemical pollution in groundwater, removal of organic compounds from oil field waters, and elimination of pathogens from sewage effluent. Combining the sorption capabilities of SMZ with chemical or biological transformations can yield complete removal of toxic materials from contaminated water. Continued development and marketing of zeolite products will be a growth market far into the future. The CAFO market for zeolites is the most significant growth area in the United States over the next few years. SMZ, currently less than 1% of St. Cloud sales, will continue to gain market penetration for many years.

Jan 1, 2004

By Jean-Marie Fecteau

The gold mine sector is presently facing low gold prices as well as technological challenges. Its competitiveness and survival will depend on new mining methods and equipment to improve ore extraction. In 1999, Natural Resources Canada has invested new funds over a period of three years at CANMET?s Experimental Mine to establish the Narrow-Vein Mining Project. A team of engineers and researchers specialised in mining, mechanics and electronics engineering are working to meet the critical need of ore-extraction technology. CANMET?s program in mechanisation and automation for narrow vein mining had, prior to 1999, realised several important achievements, many in co-operation with a consortium of mining companies (Soredem). The investment of new funds in this area will contribute to develop technologies to improve the productivity, as well as health and safety conditions of the narrow vein mining industry. Several important impacts of this project will be monitored. Specifically, a database of methods and equipment used in narrow vein mining is being developed. A key thrust is to identify operators? needs with respect to the development and automation of mining methods and equipment. Based on those needs, research and development projects will be created. The main problems identified following meetings with mine operators are described with a few elements of solution and the Web site created for the broadcast of the results is presented.

Oct 1, 2001

By Andre Vien, Jean-François Dupont

"Over the past several years, Svedala has developed a continuous charge monitor (CCM) for tumbling mills. It consists of a strain gauge embedded into a rubber lifter and associated electronics. This paper describes the installation and use of such a device on a SAG mill at the Holt-McDermott Mine. Comparison to measured static volumetric load and bearing pressure and inclusion of the measurement into a control strategy and its potential for condition monitoring is discussed. INTRODUCTIONWhile the measurement of load is very important in all kinds of grinding applications, the biggest benefits are expected from AG and SAG milling. This is what motivated Holt-McDermott to take a closer look at this problem, with a view to optimizing SAG mill performance.In many cases, the SAG mill control problem can be stated as maximizing throughput while avoiding a volumetric overload, with the other constraints (e.g. power, grind size, upstream/downstream equipment constraints, etc.) playing a less important role. This is certainly true at Holt-McDermott where the SAG mill is the production bottleneck about 90% of the time, and anything that can be done to increase SAG mill throughput will have a significant impact on operating profit.Although the goal of maximizing throughput while avoiding volumetric overload is simple to state, it has proven to be much more difficult to achieve. The mineral processing industry has expended a great deal of time and effort to devise control strategies in the pursuit of this objective. While much progress has been made, there is still room for considerable improvement. Across the industry it is probably fair to say that overloads occur relatively infrequently, but the real losses accrue as a result of the tendency to run rather conservatively."

Jan 1, 2001

By R. W. Baker

"The development of uppers drilling at Brunswick Mining is reviewed. This paper describes design criteria for drilling patterns and the research required for selection of a suitable drill jumbo. The success of the uppers drilling program based on operating procedures is highlighted. IntroductionBrunswick Mining and Smelting Corporation Ltd., operates a 10 500 tonnes per day lead /zinc/copper I silver underground mine some seventeen miles southwest of Bathurst, New Brunswick .The No. 12 orebody, first discovered in 1952 by a group headed by M.J. Boylen, had extensive development, including two shallow shafts (500 ft), and test work carried out on it by St. Joe Lead between 1953-1957. However due to complex metallurgy and depressed metal prices, the operation was suspended.In 1961, a group comprised of M.J . Boylen, K.C . Irving and Patino acquired the rights of St. Joe Lead to the No. 12 property. A concerted development plan was initiated along with construction of the necessary sur face facilities and by July 1964, the property was in production at 4500 tons per day.In 1967 Noranda Mines Ltd. acquired operating control of Brunswick Mining and Smelting Corporation Ltd."

Jan 1, 1988

Overview ?Oil Sands Background ?Water Use in Surface Mining ?Tailings Disposal ?Water Balance for Surface Mining ?Implications of Emerging Regulations ?Water Management Framework ?Tailings Performance Criteria (Directive 074)

May 1, 2009

By Karl J. C. Harries

13.1. RIGHT TO RECEIVE ROYALTY CONTRACTUAL ONLY1

Jan 1, 2003

By Eric Low

Raising capital by issuing debt or equity is necessary in almost every corporation. In the field of corporate finance, the raising of capital is a heavily-studied topic. However, some of what is studied on this topic in corporate finance is not applicable in the mining industry. There are also many financing options that were created for the mining industry such as flow-through shares, prepaid forwards, and royalty sales. The cyclical nature of the industry makes the risk-return profile of financings more difficult to estimate than in other industries. Additionally, the methods used to assess firm value are different than other industries, as the values of orebodies are not included on balance sheets. For precious metals companies, which are a hedge against most other securities, there are additional complications with determining investor expectations and cost of equity. This thesis puts forth a decision-making framework to explain mine financing choices from the perspective of mining companies. The approach is threefold. First, all of the major equity and debt financing instruments available to mining companies are presented and analyzed. Each financing method is assessed on a wide range of criteria. Next, these concepts are applied in case studies of four companies: BHP Billiton, Barrick Gold, Teck Resources, and Noront Resources. For each company, the overall choice of financing methods is shown and analyzed. The effect of financing choices on the weighted average cost of capital (WACC) is calculated. The final section deals with case studies of individual mine finance decisions during the past two years.

May 1, 2011

By P. Walford, C. Mealin, D. Good

"The geology of the Ore Fault Ni-Cu deposit has been reinterpreted in the light of recent studies of the geology of the Neoarchean Bird River Sill Complex and the occurrence of economic Ni-Cu and Zn-Cu-Ag mineralization. The Ni-Cu sulfides are hosted by the lower of two parallel NNW-trending and moderately W-dipping mafic-ultramafic intrusions related to the Bird River Sill Complex. The bod¬ies intruded a bimodal volcanic suite consisting of weakly deformed mafic flows and felsic pyroclastic rocks. The mafic volcanic rocks are geochemically related to the MORB-type rocks of the Lamprey Falls Formation, and the felsic volcanic rocks are related to arc-type rocks of the Peterson Creek Formation. The original pyroxene- and olivine-dominated mineralogy of the sills has been replaced by variable ser¬pentine-amphibole-talc-carbonate assemblages.The Ni-Cu sulfide assemblage exhibits textures and geochemical signatures typical of orthomagmatic sulfide mineralization. The sulfide minerals are associated with cumulate layers of magnetic ferrochromite that range in thickness from a few to tens of centimeters. A later event of Zn-Cu-Ag sulfide mineralization associated with quartz veining and garnet-chlorite alteration along a fault that strikes north, dips vertically, and cuts all rock types. The mineralized fault is cut by the NE-trending Peterson Creek shear zone. Where the Ni-Cu and Zn-Cu-Ag mineralized zones intersect, remnant magmatic features such as amphibolite or cumulate ferrochromite bands occur within quartz veins or local chlorite alteration. The mixed zones contain a very unusual polymetallic assemblage of Ni, Cu, Zn, Ag, and platinum group elements (PGE)."

Jan 1, 2009

By K. Lundholm, A. E. Mäkinen

"Ore grades are declining and getting more complex around the world which not only complicate the ore processing but also produce new type of requirements to manage the produce waste streams. One specifically problematic and increasingly identified element in waste streams produced in mining and metallurgy is arsenic.Arsenic is a compound that has no significant market value, but that needs to be removed from ores, concentrates and other process streams because of environmental or process technical reasons. One example of a removal process is partial roasting of high-As sulfide concentrates, originally developed by Outotec. In this process the arsenic is volatilized in the gas phase and thus separated from the solid material, i.e. the calcine. If the arsenic is recovered by wet methods the process gas is quenched and all arsenic needs to be stabilized in the effluent treatment plant.Outotec has developed ferric arsenate precipitation as a method to produce stabile arsenic residues from wet gas cleaning effluents. Iron based precipitates, when correctly produced, can meet typical landfill criteria measured with different types of leaching methods meant for characterizing the arsenic dissolution behavior from the precipitates.In this paper partial roasting of sulfide concentrates with arsenic volatilization in combination with ferric arsenate precipitation is discussed from the perspective of producing wastes that can meet the stability requirements set by common leaching tests methods, TCLP and CEN. These leaching test methods set the normative landfill requirements for most operations generating arsenic containing wastes. A typical flow sheet of Outotec® Ferric arsenate process is discussed with results showing the importance of correct process control and sequence on producing arsenic containing waste that can meet the landfill disposal requirements."

Jan 1, 2014