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By Karl J. C. Harries

"7.1. INTRODUCTIONThis chapter addresses the joint venture and examines a number of general concepts of the joint venture relationship. Chapter 8 looks at some specific concepts related to the provisions of a joint venture agreement, which are equally applicable to a shareholders’ agreement or other contractual relationship. The term “joint venture” is used because the author is a common law solicitor (a matter of convenience for which apologies are offered to civil law readers), but it should be noted that, in many aspects, the legal structure of an entity is irrelevant. It is the relationship of the parties, be they venturers or shareholders, that is important, and the areas of concern are surprisingly similar (except for terminology).The details of the joint venture relationship and agreement could fill several books. Accordingly, this chapter and the next focus on selected topics that appear to have caused problems or confusion or to be the basis for disputes. And remember that, although the following discussion is in the context of a joint venture, many of the comments apply, either directly or indirectly, to virtually any common undertaking and the agreement defining it.For interest’s sake, this chapter starts with a summary of some of the earlier types of agreements and arrangements that have evolved into the joint venture agreement of today in Canada, the philosophy of their format, and the reasons for their demise.7.2. EVOLUTION OF THE CANADIAN JOINT VENTUREThe Early DaysMuch of the opening up of Canada’s north is due to exploration for and development of mines. The early discoverers were relatively free to roam and explore at will and, if they were fortunate enough to find something, they dealt with the appropriate government to acquire exploitation rights. The early interests lay in gold or silver. Workings were small, usually worked by the owner alone or with only a couple of helpers to extract the native gold or silver. If the owner wanted to move on, he could sell his property outright and use his stake to look elsewhere.As logging and mining camps were opened, the development of better roads and railways made access easier. Entrepreneurs saw the opportunity to make money by assembling large parcels of land and working them as a single operation. In order to do this, some owners who were not ready to sell out had to be convinced to do so through more attractive offers"

Jan 1, 2003

By R. Scheepers

"Abstract -Mineral deposits and prospects of the Pan African Saldanian orogenic belt in the south­ western Cape Province South Africa, are reviewed. Despite the entire absence of operating base or precious metal mines in the area, this study has established at !east four metal associations that offer enticing exploration potential .The poly-phase deformed, low-grade metamorphosed volcano-sedimentary Malmesbury Group constitutes a complex, poorly understood supracrustal sequence that has been loosely subdivided into the Tygerberg, Swartland and Boland tectono-stratigraphic terranes by northwesterly trending fault zones. Syn- and post-tectonic granitoids of the Cape Granite Suite selectively intruded these terranes. Early S-types preferred the Tygerberg terrane whereas the later I-types dominate the remaining areas. Anorogenic A-type granites, however, occur in all three domains. Known metallization is directly or indirectly related to the intrusives, yet syngenetic deposits are conspicuously absent from the supracrustals. Four metal associations have been identified.•,Cassiterite-wolfrarnite (± Au, Cu, Mo, Fe-sultides) in quartz and quartz/aplite veins hosted by tourmalinized and locally greissenized S-type granite. Similar exo-granitic veins occur in proximal metamorphites.•,Juxtaposed disseminated, stockwork, breccia and vein style Cu-Mo-Fe-(Au)-sultide mineralization hosted by matie to intermediate intrusives of high K calc-alkaline, 1-type affinity.•,Cu-Mo-Au-sultides hosted by hydraulic breccia pipes, stocks and veins occurring in anorogenic A-type alkali feldspar granites and amphibole quartz syenites.•,Scheelite with minor Cu-Mo-sulfides and Au-associated with endo- and exo-skarns spatially related to I-type monzogranite, granite and alkali feldspar granite .The first three associations occur along the Yzerfontein-Helderberg-Zone, a 180 km lineament in the Tygerberg terrane, a zone exploited by syn-, late- and post-tectonic intrusives and their related mineralization. The fourth association is typical of the Boland terrane. The spatial and temporal relationships between the various metal associations is interpreted as the result of sequential intrusion of relative early high level S-type, followed by intermediate level I-type and finally anorogenic A-type granitoids during the evolution of a contracting continental margin arc and its inner arc. This plate tectonic setting suggests subduction in an easterly direction underneath the Kalahari craton. The spatial configuration of the various terranes at the present erosional levels is the result of rifting and significant differential vertical displacement following cessation of subduction, a terminal tectonic event possibly synchronous with intrusion of the A-type granitoids.Near surface preserved roof zones and cupolas of both S- and I-type granitoids in the Tygerberg and Boland terranes, respectively, render these areas extremely prospective for Sn, W, Mo and Au mineralization. The presence of intermediate to mafic volcanics, a diversity of calcareous lithotypes and favorable plate tectonic setting of the Malmesbury Group suggest potential for the thus far elusive VMS, MVT and Sedex base metal and minor precious metal deposits."

Jan 1, 1994

By V. Murugaiyan

The Geotechnical Engineer is faced to view problems emerging from the task of protecting the environment and also the problems related to prevention of natural hazarders. Geo-Environmental Engineering, based on the development of geotechnical engineering, addresses the problems for the industrial world and the impact on health and welfare in relation to pollution of the ground. In the recent years, acute land pollution due to indiscriminate discharge of industrial effluents especially Organic acid based effluents has become one of the major concern due to erosion in the privatization of sustainable development under Indian Scenario. To study the effect of chemical changes on soil properties due to amino acid effluent contamination on soil and erosion behavoiur. The changes in the soil properties of effluent contaminated clay and silty soil were experimentally observed to be due to the interaction of organic and inorganic constituents of effluent on index properties of soil. The surface reactivity of soil mass is experimentally reported to be varying proportionately with respect to clay (%) in the soil. Also higher surface reactivity of clay increases the Solid Retension Time (SRT) with increase in rate of chemical transformation of organic and inorganic solids within soil. Hence soil S1 (high clay content 54.5%) showed increased SRT and soil S3 (low clay content, high silt and clay content 94.9%) showed decreased SRT and long transformation stage.

May 1, 2004

By D H. Sharp

The Quebec Cartier Mining Company produces iron concentrate for twelve months of the year from Port Cartier. This J>Ort is designed to handle ship varying in size from 3,000 to 100,000 d.w.t., requiring 50 feet of water at low tide. The harbour was built on shore for reasons of economy and layout, after considering many more conventional offshore designs. It provides for heavy oil bunkering, tanker off-loading, a heavy lift derrick and freight handling, besides ship loading and mooring. The weather for the previous fifty years was studied to enable wind and wave conditions to be accurately assessed for design purposes, and to determine probable lost time due to adverse weather conditions through-out the year. The first ship to be loaded was 60,000 d.w.t.; the second, 20,000 d.w.t. The latter entered the harbour after dark, under its own power, following a tug through the partly dredged narrow entrance. Large ships use tug assistance. Ships may leave the loading berth with the other berths occupied.

Jan 1, 1963

By Galen Bauer

"Up until the mid 1960's, the only available methods for making continuous weight measurements were through the use of mechanical and electro-mechanical weigh scales. It was during this time period that a new concept in weighing was introduced. It was known and is still known as the nuclear belt weigh scale.During the early days of its appearance in the market place, many things were learned about its advantages and disadvantages for weighing various materials. As with many new devices, it had to go through a ""wringing out stage"" before it became accepted by the weighing industry. Even today, even though it is a proven device, there are skeptics who believe the nuclear belt weigh scale will not survive. Let me assure you, it is here to stay.. 'PRINCIPLE OF MEASUREMENTThe nuclear belt weigh scale consists of a ""C"" Frame assembly which houses the radioactive source (Cesiwn 137) and the radiation detector (Ionization chamber). The ""C"" Frame assembly is put in place around the conveyor belt as shown in Figure 1. The radiation source emits a fan shaped beam of radiation which covers the full width of the material being conveyed on the belt. Radiation which has passed through the material on the belt is detected by the ionization chamber which is located in the lower arm of the ""C"" Frame assembly. The ionization chamber changes the radiation energy into an electrical signal which is related to pounds per foot belt loading. This signal is transmitted to a highly stable amplifier which combines the pounds per foot signal with a belt travel signal from a digital tachometer which allowed the scale user to be able to monitor total mass being conveyed. Many so-called conventional type scales use belt speed rather than travel to obtain mass per unit time, and then integrate the signal to obtain their weight signal. This unnecessary step tends to erode the overall accuracy of the weighing system."

Jan 1, 1975

By Linda Dufour

"Autoclaves have been in commercial use in the mining industry since the early 1950's the initial applications included tin, uranium, cobalt, nickel and copper extraction under both acidic and alkaline conditions. These circuits varied in batch or continuous operation. The geometry has been spherical, vertical, and horizontal type with up to six agitators, with throughput as high as 1000 stpd.Presently autoclaves are a good process selection for many refractory sulphide gold bearing ores. The first application of pressure oxidation in the gold industry was at the Homestake Mcglaughlin's Mine which was commissioned in 1985. This was an acidic pressure oxidation process treating 3000 stpd in three four compartment horizontal autoclaves 14' diameter and 53' long. Since the initiation of autoclaves for the treatment of gold bearing sulphides, there are presently 16 gold autoclaves operating worldwide varying in size up to 18'4"" inside diameter. There are seven autoclaves for the treatment of refractory sulphide gold bearing ores to be commissioned in 1997 and 1998.Autoclave technology has progressed extensively since the mid-eighties. Operational experience has made rapid progress and the result is much smoother and safer autoclave operation. There have been many advances in autoclave technology design. For example, the use of exotic materials for corrosion resistance to reduce down time for maintenance. The instrumentation involved in autoclave operation is very sophisticated which allows for many safety features. The advanced design has allowed for greater availability and as a result operating costs and maintenance costs have decreased. These technological advancements have made autoclave technology more safe and this has resulted in a greater acceptance of this type of operation. Many of the gold autoclave facilities operate up to 9 months continuously without shutdowns. The advancement of autoclave technology has inspired many new applications.Because of the outstanding operation of autoclaves in the gold industry, many other applications for autoclave technology are being considered. The following is a list of autoclave applications:"

Jan 1, 1997

By H. P. Jacobi

"INTRODUCTIONPine Point Mines, operated by Cominco Ltd., is located approximately 65 miles east of Hay River, N.W.T. on the south shore of Great Slave Lake.The milling operation started in the fall of 1965 with a capacity of 5,000 tpd. An addition was put into operation late in 1968 to bring the nominal capacity up to 8,000 tpd. The present milling rate is 11,000 tpd.With a feed grade of approximately 2.9% Pb and 6.0% Zn the annual concentrate production amounts to roughly 130,000 SDT of lead concentrate and 370,000 SDT of zinc concentrate for a total of 1/2 million tons of product.This tonnage is moved by railroad. Pine Point is served by the Great Slave Lake Division (G.S.L.) of the Canadian National Railways which connects to the Northern Alberta Railway System (N.A.R.) at Roma Junction, at Peace River, Alberta. The system in turn connects to the CNR and the CPR in Edmonton, Alberta. From here the concentrates move inland chiefly to Trail, B.C., with some shipment to other Canadian and U.S. smelters, and to the port facilities of Pacific Coast Terminals at New Westminster, B.C. for offshore export.This paper will focus on the problems associated with the movement of lead and zinc concentrates from Pine Point to port facilities on the west coast."

Jan 1, 1975

By D. Stone

"The Beal Mountain mine near Anaconda, Montana, is an interesting case history of a mine that has continued operations despite several large pit wall failures over a period of approximately 10 years. The largest event involved some 3.9 million tons of rock that has moved steadily at a rate of about 0.05 ft/day since 1992. This paper documents the geotechnical instrumentation and monitoring programs implemented at Beal to provide the company with a comfortable baseline that supported ongoing operations. The success and failure of a variety of stabilization measures will be discussed, along with typical instrumentation responses for several significant events. The success of Beal Mountain serves as a good model for mines faced with serious geotechnical challenges."

Jan 1, 2002

By Júlio C. Lúcio

Consider the case of a mining company with N investment opportunities in projects of different commodities. The problem is: since the company has limitation of capital, equipments, technical staffs, etc, what is the best portfolio of production projects in order to maximize expectations from shareholders? In the no-longer past, the traditional method for the selection of portfolio of projects was the rank-an-cut method. But, this does not properly account for the risk to which the company is exposed. The Markowitz?s Mean-Variance is an advance because the risk of the NPV can be estimated at the level of the company or even division of the corporation. The final product of the Markowitz?s model is the efficient frontier, in which, the manager can clearly understand the maximum return from existing assets and the associated risk level - but this model does not recommend which one is the best portfolio. In this paper we present a model to select the best portfolio considering not only economic indicators, but also requirements of production, constraint in investments, etc. We show that if investors are diversified, managers should select projects with highest return, regardless of risk. However, in practice, if bonuses of managers are tied to their performance, the choice for portfolio with lower return and risk can happen. Numerical application considering typical portfolio of large mining company is used as example.

May 1, 2009

By Robert B. Parsons

"New tax rules that can apply to the repayment, extinguishment, or other settlement of a company's debt are finally taking shape. These new rules are far-reaching in their application, and can affect mining companies in a serious, negative way.IntroductionIn his February 1994 budget, Finance Minister Paul Martin announced changes to the Income Tax Act that could have an adverse impact on a company that restructures its debt. Since then, the new rules have undergone considerable transformation during their fetal stage: draft legislation was introduced in July 1994; revised draft legislation was introduced December 1994; and a third version of draft legislation was introduced February 1995. It seems that the new rules have now been pretty well finalized, and they contain some serious traps that the unwary could fall into. The new rules are of particular importance to mining companies, because a mining company's resource pools will be caught under the new rules, whereas these pools escaped the wrath of the old rules. The following commentary summarizes the new rules that are generally referred to as the ""debt forgiveness"" rules."

Jan 1, 1995

By Edgar A. Manker

"Today's market for columbium has only developed in the last two decades, and in this sense it is ""newer"" than molybdenum, vanadium and most other steel alloying elements. In this short period, it has assumed a very important role in steel alloying and in superalloys. From a few hundred thousand pounds of columbium in 1960, consumption has grown to nearly 30 million pounds per year, with a market value approaching two hundred million dollars.To assess the outlook for columbium, we will first consider the historical development of consumption and supply, particularly noting that all of today's major mines were developed during the last two decades. From current production, we will attempt to reasonably project the future. This future may well include new producers, particularly some producing columbium as a co-product with tantalum.The growth of current applications, and emerging new applications, will be considered with regard to future consumption and in relation to future trends in pricing.IntroductionThe nineteenth century was a busy time for the discovery and naming of new elements. Among those discovered were columbium in 1801 and niobium in 1844. Although it was later shown that columbium and niobium are the same element, the two names are still used today. Niobium has been pronounced the ""official"" name by the International Union of Pure and Applied Chemistry, but columbium is still widely used in commercial practice, and we have chosen to use columbium in this paper."

Jan 1, 1981

By Horst Konig

This paper illustrates that, with the application of new processes, smaller steel plants using local raw materials can be economical and advisable. It also introduces the problems connected with the direct reduction processes, which use non-coking coal or gas as reducing agents, and which are employed in connection with conventional reduction to produce excellent results. Electric smelting is also discussed, and some practical examples of operating plants are given.

Jan 1, 1970

By David Whittle

When does a project with questionable viability, warrant further investment? There are cases in which projects, which evaluate to a negative mean probable value, are worth investing in. There are also cases in which projects that evaluate to a positive mean probable value, should not be invested in. The author will present a model for ?project-control?which includes an adaptation of a well know grade-control concept. Comments on Resources and Reserves ?Resource and Reserve estimates are based on positive information (43-101). ?Reserve and Resource confidence qualitatively assessed. ?U.S. Geological Survey (USGS) recognizes Undiscovered Resources (U.S. Geological Survey 2003).

May 1, 2006

By Cummings. J. B., R. Haworth

"THE OPERATION of the Potash Company of America, Ltd., at its plant near Saskatoon, Saskatchewan, is the result of many years of exploratory and development work, culminating in the construction of a shaft, milling, concentrating and other facilities necessary to the production of potash in a marketable form.The possibility that potash existed in •commercial quantities in Saskatchewan was first indicated in 1943, although it was not until mid-1946, when Bata Petroleums penetrated a potash bed at its Verbata No. 2 well near Unity that substantial in-ter.est was developed in the possible exploitation of this important mineral product.The Potash Company of America, which is the largest producer of pot-ash in the Carlsbad, New Mexico area, a district that has been sup-plying about 90 per cent of the North American potash demand, be-came interested in the Saskatchewan deposits •at an early stage. Its engineers made an intensive study of the western Saskatchewan area in 1947 and continued their review of operating problems throughout the next three years.""Potash"" is the commonly used general term applied to the minerals of potassium, of which there are several. The most common mineral forms in which it is produced are potassium chloride and potassium sulphate. The potash content of potassium compounds is ordinarily ex-pressed in terms of potassium oxide (K20) equivalent."

Jan 1, 1960

By T. G. Joseph, K. Barron

A strain-softening constitutive relationship is introduced that describes the post-failure stress-strain curve for rock regardless of whether the rock is intact or broken. The core of this relationship is an “apparent friction” concept that relates the post-failure apparent cohesive and frictional characteristics of the rock to the strain. The relationship can be determined for a given rock via a series of triaxial strength tests establishing the peak strength and corresponding strain for a range of confining pressures, together with the determination of the base angle of friction via a simple tilt test. The postulates and assumptions used in deriving this relationship are verified from results of tri-axial tests on both intact and broken rock. This strain-softening relationship is then applied to coal. Having determined the post-failure stress-strain curve for coal specimens, this information can then be used in a finite element program, such as Phase 2, to examine the post-failure characteristics of coal pillars. Using example data, the strength of coal pillars of different width/height ratios are estimated and compared with well-known empirical pillar size-strength relationships. In addition, the post-failure stress-strain behaviour of a coal pillar is compared with an empirical relationship reported in the literature.

Jan 1, 2003

PRESENTATION PURPOSE ? Provide an overview of BC?s Environmental Assessment Actand environmental assessment process ? Identify key issues influencing environmental assessments in BC ENVIRONMENTAL ASSESSMENT ACT ? Major project proposals require an EA before a project can proceed ? Considers potential effects of proposed projects and ways to minimize or avoid adverse effects Minister of Environment and the Minister designated as responsible for project category decide whether or not to certify a project or order further assessment

May 1, 2006

By J. K. Atherton

If the metals sector is to contribute successfully to sustainable consumption we must adopt principles and practices which address the entire life cycle of the materials we produce. Progress must be founded on a sense of shared responsibility for the resources we utilize and the materials we create - it is this integrated approach which lies at the heart of materials stewardship. Materials stewardship means mining and metals companies producing materials in a responsible manner and then working with others, beyond their site, to ensure that the downstream material flows and applications are managed properly to create maximum societal value. In September 2006 ICMM published 'Maximizing Value: Guidance on implementing materials stewardship in the minerals and metals value chain'. This document takes a practical view presenting structured guidance as well as good practice case studies. In the publication, materials stewardship is described in terms of the range of activities that can be undertaken to ensure that all parties work collectively toward the responsible use of metal and mineral resources. This paper introduces the materials stewardship concept as set out in `Maximizing Value' and describes the business case for implementation as well as the ICMM framework for promoting materials stewardship.

Jan 1, 2007

The Nak?azdli First Nation and the municipality of Fort St. James are located in the Stuart Lake/Nak?al Bun area and are not unfamiliar to mining. These northern British Columbian communities have been associated with the historic Pinchi Lake Mercury mine and today are closely linked with British Columbia?s newest mine, the Mt. Milligan mine. Prior to the construction of Mt. Milligan, community health and social service providers were concerned about potential impacts that would occur from new mineral development activities. This concern has led to a partnership between the above communities and researchers with expertise in the area of mining and health. This paper describes: the current mining and health environment with a focus on British Columbia; mining trends in the Stuart Lake/Nak?al Bun area; the current community-based health research project funded by the Vancouver Foundation and the Canadian Institutes of Health Research, and; a suite of community-based health recommendations to mining companies on key issues to consider when developing projects near municipalities and Aboriginal communities in Canada, based upon one of the newest mines under development in Canada.

Aug 1, 2013

By D. E. Gorse, R. G. Anderson

"Indusmin's history dates back to 1937 when they developed the Blue Mountain Nepheline Syenite deposit at Nephton, Ontario, and began supplying material for the glass, fiberglass, paint, ceramics and rubber industries.Since then, as a subsidiary of Falconbridge Nickel Mines, Indusmin has expanded the Nephton operation, diversified into the aggregate quarries for the construction industries, with operations at Acton and Halton, Ontario, established silica plants at St. Canut, Quebec and Midland, Ontario, to supply the glass, carbide, ceramics, cleanser and concrete products industries, and the purchase of a foundry, Fahramet Limited, Orillia, Ontario, supplying steel and alloy castings to the mining, construction cement and petrochemical industries.Indusmin also has a Technical Resource Centre and Head Office facilities in Toronto.As this paper deals with Indusmin's experience with dust abatement, and although dust control is a concern at the Nephton, St. Canut and Orillia plants, we will be confining this paper to the experience gained at the Badgeley Quarry and Midland plant of the Ontario Silica Operation."

Jan 1, 1980

By Alan D. Akerman

This paper describes the significant advantages and improvements in operational availability, reduced breakdowns, and overall cost reductions that can be achieved through the application of a Reliability Centred Maintenance (RCM) program, including Condition Based Maintenance (CBM) and Equipment Health Monitoring (EHM), in a mine environment. It uses a case study to illustrate the essential elements that constitute the basic requirements to establish such programs. This CBM case study analyzed the Load-Haul- Dump (LHD) vehicle sub-systems and their dominant failure modes, as a precursor to the development of condition indicators. The case study describes a disciplined process to enable condition indicator development and qualification in support of a CBM program. The identified condition indicators vary from readily applicable off-the-shelf monitoring systems and techniques, through to "leading edge" technologies that require further research and development. The paper also explores the developments that have been made in the combination of expert system software associated with modern computer based control systems, and the availability of "intelligent? sensor technology that complement the control system capability.

May 1, 2002