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By G. Belzil, F. Robichaud, M. Fullam

"The Goldex mining and milling complex is operated by Agnico-Eagle Mines Ltd. and is located in the Abitibi greenstone belt of Northwest Quebec, Canada. The mill operates presently at a throughput of 8,250 tpd with gold grade varying between 1.8 and 2.2 g/t. The ore is very high in gravity recoverable gold (GRG) at about 92% and as such a significant emphasis was placed on the gravity circuit. Commercial production started in 2008. Average gold recovery is 93.5% with about 68% of gold recovery coming from the gravity circuit. Over the course of the first several years of production, several gravity audits were carried out. In 2009, a complete gravity audit was completed, including ore, classification, Knelson Concentrators, and the gold room. In 2011, an audit was undertaken of the flotation circuit to determine the efficiency by which GRG is floated. Large samples of flotation feed and tails were collected and process for GRG content. This allowed a link between gravity and overall recovery to be made. This paper presents results of the audits and the development of a model linking gravity and overall gold"

Jan 1, 2012

By D. J. R. Ras

A sub-level open stoping method is being used to mine the massive deposits at TARGET Gold Mine which uses cemented tailings to backfill the stopes. This requires the construction of bulkheads to contain the freshly placed backfill, capable of resisting the hydraulic pressure imposed by filling. The bulkheads must contain an 8 metre head of backfill slurry within 48 hours and withstand the force exerted by a 35 metre load of consolidated fill at a maximum estimated fill relative density of 1.9. After a variety of methods of construction were evaluated, it was decided to construct the bulkheads using the low density, fast-setting foamed cement-based product TEKSEAL HS manufactured by MINOVA RSA. The cement foam is contained between low-cost steel and fabric brattices which are easy to construct, using a method specially developed for the TARGET bulkheads. The paper will describe the design, trialling and construction of the bulkheads, and results obtained to date.

May 1, 2007

By Stephen A. Gasiorowski, Frank J. Hrach, James D. Bittner

Separation Technologies, LLC (ST) has developed a processing system based on triboelectric charging and electrostatic separation that provides the mineral processing industry a means to beneficiate fine materials with an entirely dry technology. The environmentally friendly process can eliminate wet processing and required drying of the final material. The process requires little if any pre-treatment of the material other than grinding and operates at high capacity - up to 40 tonnes per hour by a compact machine. Energy consumption is low, approximately 1 kWh/tonne of material processed. Since the only potential emission of the process is dust, permitting is typically relatively easy. In contrast to the other available electrostatic separation processes that are typically limited to particles greater than 75 µm in size, the ST belt separator is ideally suited for separation of very fine (<1 µm) to moderately coarse (500 µm) materials with very high throughputs. The triboelectric particle charging is effective for a wide range of materials and only requires particle-particle contact. The small gap, high electric field, counter-current flow, vigorous particle-particle agitation and self-cleaning action of the belt on the electrodes are the critical features of the ST separator. The high efficiency multi-stage separation through charging / recharging and internal recycle results in far superior separations and is effective on fine materials that cannot be separated at all by the conventional electrostatic techniques. Since 1995, this triboelectric process has been extensively used for the beneficiation of coal fly ash with eighteen separators in place and over 100 machine-years of operation at locations in North America and Europe. The technology has been also successfully applied to the beneficiation of a variety of minerals including calcium carbonates, talc, and potash.

Jan 1, 2012

By L. Flett, S. Woods, C. Deredin

"Following a significant reduction in world Imperial Smelting Furnace (ISF) capacity from 2003 to 2008, a major optimization initiative was successfully carried out on the lead upgrading and bulk (zinclead) flotation circuits in the Brunswick Concentrator.This paper describes the process improvements that have taken place in order to reduce the quantity of bulk concentrate:•,Increase in lead upgrading rougher flotation circuit capacity•,Installation of a closed-circuit bulk regrind utilizing MillPebs and 150 mm Cavex hydrocyclones•,Installation of two additional cleaner flotation stages on the bulk circuit•,Optimization of the manipulated variables in the lead upgrading and bulk circuitsINTRODUCTIONThe Brunswick Mine (Xstrata Zinc Canada) is located near Bathurst, New Brunswick and is one of the world’s largest lead/zinc mines. Milling of ore commenced in 1964 from the No. 12 orebody, with an expansion in 1966 to accommodate ore from the No. 6 open pit mine. The planned closure of the mine will take place at the end of the first quarter in 2013. The ore is a complex massive sulphide, consisting of approximately 20% valuable minerals, 60% pyrite and 20% silicates.A simplified flowsheet for the concentrator is given in Figure 1. The overall flowsheet involves SAG milling, secondary ball milling, selective flotation, and dewatering by thickening, filtering and drying. The complexity of the flowsheet evolves from the requirements for fine grinding and the production of four concentrates: zinc (sphalerite), lead (galena), copper (chalcopyrite) and bulk (sphalerite plus galena).Primary hydrocyclone overflow feeds the copper-lead aerator-roughers for flotation at pH 9.0 with soda ash. Plant xanthate (80-20 sodium isopropyl and potassium amyl) and AP407 are used as collectors in the copper-lead circuit. The rougher concentrate is directed to the copper-lead regrind circuit and the tailings are fed to the secondary grinding circuit. The secondary hydrocyclone overflow from the secondary grinding circuit feeds the copper-lead rougher-scavenger banks. Rougher concentrates are reground to a P80 of 28 µm prior to three stages of copper-lead cleaning. The first stage of cleaning is done in an open circuit with the tail reporting to the cleaner scavenger. The cleaner scavenger concentrate reports to the regrind circuit and the cleaner scavenger tail combines with the rougher/scavenger tail to feed the zinc circuit. The second and third stages of cleaning are performed in closed circuit with the cleaner tail being recycled to the copper-lead regrind circuit. The average final concentrate grades 23% Pb, 3% Cu and 704 g/t Ag, and is fed to the copper separation circuit."

Jan 1, 2013

By P. Radziszewski

"The comminution energy curve is a profoundly simple graphical technique that displays detailed operating efficiency information for industrial comminution processes. The database underlying the methodology has recently more than doubled, to now contain a substantial fraction of the international comminution output (1.7 billion tonnes of rock per year) across more than 8 major commodities. This increase has deepened the analytical capabilities and effectiveness for assessing comminution circuit performance in relation to comparable operating mines. This paper will explore how the energy curve methodology can be used to examine the ability of stirred mill technologies to increase efficiency.Specifically, this paper explores how the energy curves methodology can be used to present energy efficiency gains achieved at three mines employing a stirred mill technology under different duties. The first of these cases studies was conducted by Rosa (2014) who compared the performance of two ball mills operating in parallel with a Vertimill in the regrinding circuit at the Samarco Iron project in South East Brazil. The Vertimill was found to achieve the same product specification while consuming 40% less energy. Brissette (2010) investigated the impact of grinding media on the performance of both ball mills and Vertimills. The energy savings achieved varied from 10% to 40% for the ball mills and 30% to 60% for the Vertimills. Lastly, Bergerman (2012) investigated the operating conditions of the Sossego regrind circuit from 2006 to 2011 against design specifications and laboratory testing. The operating work index of this circuit varied from 5.2 kWh/t to 44 kWh/t over this 5 year period. The full suite of energy curves"

Jan 1, 2016

By Seppo Lähteenmäki, Pertti Koivistoinen, Jaakko Levanaho

"This paper describes the benefits and disadvantages of fully autogenous grinding when compared to grinding with steel grinding media. The study is a real case study based on a low tonnage, high grade mining project in a remote location in a developing country. The study compares the capital and operating costs of using either SAG mill, Ball mill, Crusher (SABC) or fully autogenous (AG) grinding circuits and produces an economical analysis of the project for both options. The economics have been developed for the overall project, including mining, processing, environmental and the infrastructure as well as for the additional cost of constructing a fully autogenous grinding circuit instead of the original plan of a SAG Mill, Ball Mill circuit.The paper also describes the development of the autogenous grinding circuit at Outokumpu Oy, Pyhäsalmi mine. This experience was used to design the autogenous grinding circuit for the case study. Pyhäsalmi Concentrator has over 30 years of experience in operating autogenous grinding circuits and therefore provides a sound base for the new circuit design.INTRODUCTIONGrinding of ore using steel grinding media is currently the most commonly used method in the mining industry. Autogenous grinding, ore replaces iron media, is also common especially in Europe and Africa. Iron ore industry in North America uses autogenous grinding in primary and/or secondary stages extensively. In gold, copper and other base metal industries, autogenous grinding is not as common, although there are operations where pebble grinding is or has been used in the secondary grinding stage. There are many variations of autogenous grinding in use in the mining industry. These variations include different mill sizes, mill length to diameter ratios, ore lump sizes, screening and pebble crushing configurations."

Jan 1, 2000

By A. D. Thomas, V. N. Rampton, S. Paradis, C. F. Gleeson

"A shallow till sampling program was completed on a 1 km grid over the St . George Batholith in southern New Brunswick. The ""B"" soil horizon was analyzed for Cu, Pb, Zn, Ag, Co, Mo, U and Sb and the heavy minerals from the ""C"" soil horizon were analyzed for W, Sn and A u. The results delineated four of five recorded W occurrences, three of four recorded Mo occurrences, all recorded Cu occurrences and one recorded Au occurrence. The results indicate that shallow till sampling in conjunction with bedrock and Quaternary mapping can inexpensively define exploration targets in terrain similar to that underlain by the St. George Batholith.A similar program was carried out in eastern Ontario involving the analysis of four separates from the till, the ""8"" soil horizon, the -50 mesh fraction, the -250 mesh and the heavy mineral fraction of the ""C"" soil horizon and humus. Also sampling was carried out near known gold occurrences at closer spacings. Regionally, anomalous results from all sample media clearly defined a large auriferous shear zone and associated splays. Over one known showing all media clearly defined the showing and a secondary zone. On the regional scale the heavy mineral fraction gave the best anomaly definition and contrast, but the -250 mesh fraction was found to be the most cost effective for defining exploration targets. For detailed surveys, humus was found to be cost-effective."

Jan 1, 1986

By Iain G. Bruce

The need to improve supply reliability while improving our environmental record during the past half decade of low metal prices has required the mining industry to prioritise expenditures. Quantitative Risk Assessments using third party reviewers and specialist risk management teams have assisted in identifying hazards that can both disrupt supply and impact the receiving environment. Graphical displays using risk ellipses can simplify the presentation of the results in a Probability-Consequence (PC) graph. Development of risk acceptability envelopes using readily available financial data superimposed onto the same PC space assists management to prioritise their risks and focus on risk reduction measures. Development of this system and examples of the successful implementation of the system from several recent projects are described.

May 1, 2003

By Laurence McGonagle

"The Highland Uranium Project (HUP) is located approximately sixty miles northeast of Casper, Wyoming and is owned and operated by Power Resources, Inc. (PRI). With an annual production of680 tonnes (1.5 million lbs) U308, HUP is one of the largest uranium producers by in-situ leach (ISL) in the western world. Uranium is currently produced from four wellfields with a total flow rate of approximately 1,135 m3/hr (5,000 gpm). The carbonate leach solutions are processed by anion ion exchange at two satellite facilities located in close proximity to the wellfields. The loaded resin is transported by truck to a central processing facility for elution of the uranium. Uranium in the pregnant eluant is precipitated and washed prior to calcining.Wastewater from the satellite facilities is treated and used for irrigation at a Land Application Facility. The wastewater generated at the central processing facility is injected into a 2,750 m (9,000 ft) deep waste disposal well.When economical mining of the orebodies is complete, restoration of the groundwater is initiated. There are currently two wellfields at HUP undergoing ground water restoration. Phase I restoration consists of removal of the carbonate leach solution from the ore body. Phase II includes treating the withdrawn fluid with reverse osmosis and reinjection of the permeate into perimeter wells.Future plans include construction of additional satellite facilities at the Gas Hills Project and other economical deposits located within 240 km (150 mi) of HUP. The capacity of the central processing facility will be increased to 1,815 tonnes (4 million lbs) U308 per year by late 1999."

Jan 1, 1998

By K. J. Fair, H. W. Smith, D. R. Francis, J. M. Toguri

"Bench-scale batch milling and screening tests were carried out on secondary aluminum dross 10 produce an aluminum concentrate. To complement these tests, an analysis of a commercial plant was also performed by sampling dross at various stages in the plant&apos;s milling and screening circuit. These studies have indicated that benefits of increased capacity, grade and recovery of aluminum metal can be realized by addition of screens before the ball mill, longer grinding period and by grinding the smaller size fractions more efficiently.To test the predictions, a plant test was performed on the milling of100tons of secondary dross. The recycling of the large size fraction (+1/8 in.) of aluminum dross through the impact mill rather than through the rate limiting ball mill resulted in a comparable aluminum grade. The ball milling of the _1/ 8 in. + 10 mesh size gave a dross grade of71% AI. A lower feed rate to the ball mill resulted in a higher final grade. With minor modifications, secondary dross can be processed in 22% of the time it takes with the present circuit without a sacrifice in grade.IntroductionSecondary aluminum dross is a mixture of metallic aluminum, aluminum oxides and salts (alkali halides). Any comminution process deforms or slowly grind s the malleable metal phase and reduces the size of the friable, brittle, oxide-salt phase relatively fasterr(1).The milling of aluminum dross is performed to upgrade the metallic aluminum fraction. Figure I shows a flowsheet for the milling of secondary dross as presently practised at Metals and Alloys Co. Ltd., Toronto, Ontario. At point A, large acceptable grade material is hand picked for refurnacing, the unacceptable off-grade material is sent to the sweat furnace and the remaining, + 2 in. fraction is recycled through the 3.9 ft by 4.1 ft impact mill. For simplification, three ball mills are shown. However, in reality there is only one, a 5 ft by 10 ft ball mill used in a semi-batch mode. The 2 in. + 3/8in. and 3/8 in. + 10 mesh products are remilled in the ball mill. The -10 mesh material is discarded as waste."

Jan 1, 1987

By C. S. Simons, D. A. Dahlstrom

"Growing interest in the developing technique of improving the dewatering of filter cakes by the direct application of steam has been apparent during the past year. A number of applications to iron and base-metal concentrates are under study, and intensive work continues on applications to coal cleaning.This paper presents and discusses the data presently available. The effects of material characteristics and operating variables on final cake moisture are examined. Although it is not yet possible to answer all questions regarding the applicability of the technique to specific problems from general data correlations, it is found that the use of these in con-junction with empirical data derived from properly conducted laboratory tests does yield reliable conclusions.Emphasis is placed on the basic economics of the process, and on de-sign criteria for ""steam drying"" filter stations, as applied particularly to metallurgical concentrates. Examples of the use of laboratory tests to solve application problems are given."

Jan 1, 1966

By Sam Palombo, James José Varela

"Washing can be defined as the process used to eliminate or reduce the dirt (presence of fines or slimes) of one material. It is also the basic and oldest process applied to ore preparation for further concentration. This process, in combination with commnution and screening, form the so called washing plant and in many cases produce end products. This work describes the factors that influence the performance of the washing process and main washing technologies used in the mineral processing industry.The Hydro-Clean represents, since 1998, a state of the art technology in this area and is comprised of one of the most innovative solutions developed at HAVER & BOECKER. HAVER & BOECKER design and manufacture technology for mining and related industries. Today the Hydro-Clean is manufactured and sold throughout the Haver Screening Group (HSG) which is comprised of HAVER & BOECKER Maschinenfabrik Münster, HAVER & BOECKER Latinoamericana – Brazil and W.S. Tyler Canada.The Hydro-Clean is a washing technology based on utilization of high pressure water jets. To follow we will discuss how the Hydro-Clean’s different modes of operation result in several advantages related with mine waste reduction, recovery of saleable product, lower capital costs, superior washing results, less stress for the material, a wider range of application and less maintenance cost. Aside from these positive factors, its lower operation costs related to the consumption of energy and water are presented. It is important to note that the quantities, tonnages, data and management concepts presented in the paper are accurate for the time of writing and are subject to change and modification as operations progress."

Jan 1, 2009

By Alex Doll, Derek Barratt

"There is a number of comminution tests commonly used in the mining industry. Many of the tests are used for a particular grinding model or mill sizing program and are incompatible with other tests of different models. This paper provides an overview of the commonly used grinding and crushing tests, which models (or practitioners) use a particular combination of tests and draws some relationships between the incompatible tests based on the DJB Consultants Inc. database of projects.Case studies will demonstrate similarities and differences between major mining districts with some comments about homogeneous and heterogeneous behaviour within the grindability results.INTRODUCTIONThere are a number of bench-scale grindability tests in use for sizing and predicting throughput for grinding circuits. Part of the reason for this variety is there are a number of different grinding models in use in the Industry, and those models operate using incompatible test results as input (Doll and Barratt, 2008).By using the database of testwork in the DJB Consultants, Inc. (DJB) Millpower 2000 database (see Table 1), some of the more commonly used tests are compared and relationships will be drawn."

Jan 1, 2011

By R. Jackman, D. Koningen, G. Wilcox

"Gowest Gold Ltd. is in the process of developing the Frankfield East gold deposit located along the largely undeveloped Pipestone fault northeast of Timmins, Ontario. In addition to resource development and environmental permitting work the company has had an ongoing program of metallurgical and engineering studies aimed at evaluating options for processing the Frankfield East ore. Mineralization at the Frankfield project contains arsenopyrite and pyrite as the major sulphide minerals. Bulk flotation of all sulphides results in extremely high gold recovery. However, the gold is almost entirely associated with the arsenopyrite fraction of the ore and is refractory in nature requiring preoxidation treatment. Selective flotation was investigated to recover a gold-arsenopyrite concentrate thereby reducing the mass which would be subjected to further gold processing. As part of this work, a pyrite concentrate low in arsenic content was also recovered that would be suitable as a source of sulphur for a smelter (or other pyrometallurgical facility). Production of separate arsenopyrite and pyrite concentrates is frequently examined but rarely adopted due to the distribution of gold between the two products or the inability to achieve adequate separation. Several flowsheet options were investigated in the study. The best results were achieved following a sequential flotation flowsheet. The flowsheet configuration was key to meeting the targets for the two products. In this paper, the various options investigated are reviewed and the results of the final flowsheet are presented. The overall plan by Gowest was to evaluate all process options to bring the Frankfield East deposit into production. The ability to effectively separate the arsenopyrite and pyrite components in the ore provides Gowest with added opportunities to pursue both short and long term production scenarios."

Jan 1, 2012

By T. Bhambhani, D. R. Nagaraj

"Ultramafic Ni ores present significant challenges in processing in that both recoveries and grades are not satisfactory, due to the presence of Mg silicates in large amounts. Significant quantities of xanthates and CMCs are generally used for their recovery by flotation. Additionally, given that some of these ores are processed under acidic conditions, CS2 generation due to xanthate decomposition presents some safety hazards. Technology to replace xanthate has been developed for which the safety and health issues are absent. Collector S-10294 shows significant improvements in Ni and overall S recovery at a dosing rate of one half that of xanthate. New polymeric modifiers have also been developed that help reduce the Mg content of the concentrates at very low dosages. The reagents are custom designed for use in normal or hypersaline water, and acid or alkaline conditions.INTRODUCTION The use of xanthates in sulfide mineral flotation is reported to have started as early as 1925 (Nagaraj 2005). The reagent is now ubiquitous in the mining industry, accounting for 40-50% of total collector consumption. In recent years, the development of more selective reagents has rendered xanthates largely obsolete in Cu flotation. However, xanthates continue to be sold in large amounts in the Au, PGM and Ni flotation industry, where bulk sulfide flotation is required. The low cost and easy availability is the largest driver for the use of xanthates in the minerals industry. Of particular interest to this study is the use of xanthates in the flotation of Ni sulfide ores. About 60% of the world’s annual nickel output is obtained from sulfide Ni ores (Hoatson, 2006). A strategically important category of these ores is the ultramafic hosted sulfides, such as those of Western Australia and Canada. These ores are characterized by low Ni grades (<1%), with the Ni minerals being pentlandite, violarite, millerite and mackinawite, and gangue minerals comprising an array of altered Mg silicates, mostly serpentines. The challenges associated with treating these ores are well documented (Eltham et al. 1973; Claridge et al. 1975). One challenge is that Ni recoveries from these ores are lower. This has been attributed to the increased pulp viscosity, as discussed in detail by Vasudevan et al., 2010. Additionally, Mg silicates tend to report to the concentrate in large quantities, which is problematic for two reasons: a) concentrate dilution, and b) the high melting point of Mg silicates tends accelerate wear on the refractory lining of smelters. This has been attributed to network transport to the froth phase via bubble flux and entrainment (Patra et al, 2010)."

Jan 1, 2012

By Robert B. Parsons

"The Canadian mining industry is not off to a good start in the 1993/94 budget season. Of the five provinces and territories to table budgets as of March 31, 1993, the industry&apos;s scorecard shows: one win, one tie, and three losses.IntroductionBy the end of March, five of Canada&apos;s twelve provincial and territorial governments had tabled their 1993/94 budgets. The mining industry is off to a bad start. The industry&apos;s scorecard shows one win, one tie, and three losses. Only Newfoundland appears to be paying any attention to the industry&apos;s concerns about the impact of taxation on competitiveness. It is particularly disconcerting to see that non-profit based taxes continue to increase, at a time when these taxes are the focus of a united attack by the entire industry.NewfoundlandFirst, the good news. On March 18, 1993, Finance Minister Winston Baker announced the following changes to the province&apos;s mining tax regime:"

Jan 1, 1993

By T. Mulja, Michel Boily, Anthony E. Williams-Jones, Pierre Pilote

"The Preissac-Lacorne batholith is composed of suites of early metaluminous calc-alkalic gabbroic to granodioritic intrusives, three late peraluminous monzogranite plutons and numerous Li, Be and Ta-bearing granitic pegmatites. The Lacorne pluton is dominated by biotite and biotite + muscovite monzogranites containing abundant Be and Ta-bearing granitic pegmatites (40-80% volume). The pluton is surrounded by swarms of unzoned or poorly zoned spodumene-rich pegmatite dykes. The La Motte pluton is composed of biotite monzogranites, biotite+ muscovite monzogranites and rare muscovite + garnet monzogranites. Li, Be and Ta-bearing pegmatites are less abundant than in the Lacorne pluton and are commonly associated with molybdenite bearing quartz-muscovite-K-feldspar veins. In the Preissac pluton, muscovite + garnet monzogranites and muscovite + biotite + garnet monzogranites are the dominant rock types. The pluton rarely contains granitic pegmatites and these are generally barren. However, numerous molybdenite bearing quartz and quartz-feldspar-muscovite hydrothermal veins are observed.Li, Be andTa-bearing pegmatites display a crude spatial zonation around their parent monzogranites. Spodumene-rich pegmatites are generally unzoned or poorly zoned and are confined to the surrounding metasedimentary or metavolcanic rocks or crop out in the early gabbroic to granodioritic intrusives surrounding the monzogranites. Ta and Be-bearing pegmatites are usually concentrated towards the margins of their parent monzogranites. The highly fractionated nature ofmonzogranites (high Rb/Sr, low K?Rb, Ba?Sr, Zr/Nb ... ), their peraluminous composition (corundum normative and muscovite bearing) and the numerous occurrences of Ta and Be-bearing pegmatite dykes represent important criteria for the exploration of fertile granites."

Jan 1, 1990

By J. Z. Cui

In this paper a statistical multi-scale method for the mechanics parameter prediction of the rock mass with random distribution of multi-scale cracks/joints is presented. First the micro-structure of the rock mass with random distribution of multi-scale cracks/joints is represented. Then the statistical second-order two-scale method for the mechanics performance predictions of the rock mass structure with random cracks/joints distribution is presented, including the statistical second-order two-scale expression on the vector-valued displacement, strain tensor and stress tensor, and the algorithm procedure of statistical multi-sale computation for the mechanics parameters. Finally some numerical results for mechanical parameters for the rock mass with random distributions of multi-scale joints/cracks by statistical multi-scale method are shown.

May 1, 2009

By C. Pelley, S. Kelebek, G. Kunzel, S. Gregersen, M. Pollanen

A series of small-scale tests was conducted to evaluate the effect of micro-fracture development, imposed by blasting, on the material properties of the rock as well as its resistance to crushing and grinding. The uniaxial compressive strength, tensile strength, Poisson’s ratio, Pwave, S-wave velocity, point load test index, crushing, and grinding work indices were evaluated for samples without any blasting load and for samples which had received a variety of blast loads ranging from a single impact with a lowstrength detonating cord to a combination of impacts at different times and significant impacts with powder factors close to those used in practical blasts. It was shown that the rock mechanics parameters change even at low impacts, suggesting easier crushing of the rock. Damage values appear to be affected by timing as stress wave superposition affects the damage process. Fragmentation is achieved at higher impact levels while work index modification of the fragments is also observed when high powder factors are used, suggesting improvements in grinding.

Jan 1, 2006

By Jess Harding

Oyu Tolgoi investment agreement now in full, legal effect Successful completion of a series of conditions to 2009 Investment Agreement was announced March 31, 2010. Full-scale construction now set to begin. First copper-gold commercial production from Oyu Tolgoi expected in 2013. 34% of holding company Oyu Tolgoi LL Cacquired by Erdenes MGL, a Mongolian state-owned resources company. Remaining 66% will continue to be owned by Ivanhoe Mines. ?After 9 years of discoveries at Oyu Tolgoi, a big piece of the future of copper and gold in Asia is poised to become a reality.?

May 1, 2010