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By J. Paraszczak

ABSTRACT Diesel-powered loaders are a pillar of modern underground metal mining. As these mines are getting deeper and hotter and the emission regulations stricter, ventilation costs are soaring, affecting production cost. Also, the cost of diesel fuel is expected to rise. These may make the use of diesel engines more problematic. Electric load-haul-dump machines (LHDs) are an interesting alternative. This paper compares features and performance of diesel and electric, cable-powered LHDs. It overviews equipment offerings, and compares, analyzes and discusses technical parameters, operational problems and cost issues. The paper gives some conclusions about electric LHD applicability and performance, indicates possible applications, and suggests further research work.

Jan 1, 2013

By A. A. Abdul-Latif, A. Sahin

"The phosphate deposit, located in the Abu Tartur plateau between the Kharga and the Dakhla Oases in the southern part of the Western Desert of Egypt, is the largest of its kind in the country. The phosphates are found in two horizons referred to as the Lower and Upper Phosphate Horizons within the Late Campanian Sibaiya Formation which belongs to the Nubia Group.This paper presents the results of a geostatistical study on the main phosphorite bed at the base of the Lower Phosphate Horizon which contains almost all the commercial reserves in the area. After semivariogram modeling for the phosphate thickness and accumulation, ordinary block kriging was employed to estimate the values of these variables in blocks of400 m by 400 m dimensions. The kriging results, which are presented in the form of contour maps, can be of considerable use in both future exploration and exploitation of the deposit. The grade-tonnage relationship based on the grade estimates derived from the corresponding thickness and accumulation estimates indicates the existence of 453.9 x 105 tonnes of phosphate above a cut-off grade of 18% P2O5. The mean grade of this tonnage has been estimated to be 25.77% P205"

Jan 1, 1990

By Hugh M. Roberts

DEVELOPMENT at Steep Rock lake has given rise to renewed interest in the geology of the iron ore deposits in the Lake Superior Region and has implications of no small moment bearing upon methods of exploration in the Precambrian Shield generally. Following upon the Regional Lake Superior meeting of the American Institute of Mining and Metallurgical Engineers in August, 1941, the authors prepared a paper on the Steep Rock deposits, which appeared in the A.I.M.E. publication, Mining Technology, for January, 1943. Between Januar7 and April, 1943, exploration at Steep Rock was continued by means o vertical, Mesabi-type churn-drill holes put down from the ice. This drilling has enlarged the tonnage of ore previously known and has disclosed further facts relating to the origin of the ore. The added evidence, we believe, goes to support the hypothesis that the deposits were formed by a process of replacement due to upward-moving, iron-bearing solutions which came in as igneous after-effects. Accordingly, in presenting the subject to the Canadian Institute of Mining and Metallurgy, it seems best not to change our first explanation, but to prefix the original paper with an interpretation of the results of the more recent explorations completed after its publication.

Jan 1, 1943

By Rodgers Peale

The Waite mine, as it is locally termed, is situated in the Rouyn district, in the townships of Duprat and Dufresnoy, Quebec, and lies about 340 miles north of Toronto. Due to the impetus given prospecting in the Rouyn district by the discovery, some years ago, of copper-gold ore on the Horne claims, many exploration parties were put into the field. Early in 1925, J. H. C. Waite, C. H. Ackerman, and T. Montgomery staked the claims which now comprise the mine beating their names. Trenching and diamond drilling soon disclosed an ore-body of commercial size and grade, and by the end of 1928 a shaft had been sunk 300 feet and the mine was producing 150 tons of direct-smelting copper ore a day. In the summer of 1925, Dr. H. C. Cooke, of the Geological Survey, made a reconnaissance survey of the property (1), and since that time work of the same nature has been done by several others. MacGregor has published some interesting data on the Amulet mine (2). Using as a background a summer's work on the Horne claims at Noranda, the writer spent the summer of 1929 at the Waite.

Jan 1, 1931

By Yongfeng Jia, Shaofeng Wang, Danni Zhang

Ferrihydrite is ubiquitous in soils, groundwater and aquatic sediments and is usually classified as "2-line" or "6-line" according to the number of diffuse XRD peaks. It has high surface area and reactivity; therefore, it may serve as a sink for sequestering trace metals, metalloids and organic matters via adsorption and co-precipitation. Although considerable attention was paid to the transformation process of this thermodynamically metastable solid, there are still some controversies on the mechanisms of the formation of goethite or hematite from the ferrihydrite precursor. This work systematically investigated the transformation of 2-line ferrihydrite produced by using different neutralization regent (CaO vs. NaOH) into crystalline products at different pHs (4, 7 and 8), three temperatures (25, 40, 75 °C) and in different media (sulfate vs. nitrate). X-ray diffraction (XRD), Raman, Fourier transform infrared spectroscopy (FTIR) and chemical extraction were employed to characterize the transformed solids as well as the redistribution of Fe between the amorphous and more crystalline phases. The results showed that the transformation product in nitrate media was hematite (major) and goethite (minor), which was independent of pH, temperature or neutralization reagent. In sulfate media, goethite was the dominant solid under slightly acidic conditions (pH 4) with 6-line ferrihydrite as the intermediate product, whereas neutral to slightly alkaline conditions still favor the formation of hematite. Chemical extraction results indicated that there was only ~3 % of amorphous phase detectable after aging at 25 °C for 280 days at slight acidic pH. In contrast,~70 % of the iron remained as an amorphous phase under neutral to slightly alkaline conditions. The results suggested that the pH as well as the reaction media (sulfate ion) plays an important role in the 2-line ferrihydrite transformation process.

Jan 1, 2016

By J-g. Cui, X-b. Guo, J-j. Wang, J. Qiao, H. Tian

"Rare earth elements have unique properties because of the special electronic structure. In this paper the improvement of refractory material performance by the light rare earth oxides was introduced. The experiments showed that adding a bit of rare earth oxide could obviously improve the performance of the refractory material. INTRODUCTIONIn recent years, refractory materials are widely applied in the steel smelting process as a ladle lining material. In China, although the total production of fire-proof material exceeds normal demand, but the quality and variety of fire-proof material still have a big gap with world advanced level. A number of refractory products need to be imported from abroad. With the rapid development of domestic steel production, the ladle lining with refractory is gradually running after the world advanced level on production technology, production variety, and quality level. It replaces some imported products meeting the needs of the development of the iron making production. Therefore, there is an important significance to research on solving the problems of the ladle refractory reasonably and avoiding or reducing blind and not proper use of the imported refractory ( Jing, 2007).On the other hand, rare earth oxide has some special excellent properties. Firstly, they are very good refractory materials with their high melting point;Next, they have good resistance to water and alkali resistance function;Thirdly, it is easy for rare earth oxide to generated composite oxide reacting with other metal oxide,achieving the purpose to improving the material properties (Xu, 1978; Diao, 1979). China has a variety of rare earth resources,and rare earth resources is more advantageous in Baotou,taking up about 36 percent of world reserves,which is the world's top of rare earth mineral. In recent years the rare earth products output has risen sharply and many varieties and specifications have appeared. So it is necessary to study the new field of rare earth compound to open up new markets. Thus, it has a very vital significance to promote the further development of rare earth industry, adjust the rare earth products structure, ease the contradiction between supply and demand, and improve refractory products quality and grade in order to better serve the main body production.I In this paper, the experiments are mainly for 210 tons of Al2O3-MgO style series refractory materials belong to ladle lining bag from Baotou Iron & Steel Group Corporation Sheet Factory. The improvement to the effect of refractory material performance is explored by using light rare earth oxides as additives."

Jan 1, 2012

By E. P. Wiechmann, J. A. Henríquez, P. E. Aqueveque, L. G. Muñoz, G. A. Vidal

"The original segmented intercell Optibar succeeded in reducing the magnitude and occurrence of short circuits. It also improved the specific energy consumption of the process. This paper expands the load current source concept introducing a triple segmented bar. This new bar adds immunity to dirt contacts and open circuits. Moreover, it further improves the standard deviation of current densities. As compared with industrial practices this development should accomplish an 8% specific energy reduction. Also, a plant implemented with BBS should be able to work with 12.5% higher process currents than Walker without compromising the operation.INTRODUCTIONIn 2011 the technology based on current mode was implemented at industrial scale. The success of this technology moved CIM Magazine (Lanktree, 2011) to write in the Jan 2012 issue an upfront story of this technological innovation. To cover the story, the technical reporter Graham Langtree was appointed by Peter Braul Editor of the upfront section. The article tells that “More than 40,000 tonnes of copper have been refined in a year-long test run of Optibar Inc.’s new technology at Barrick Gold’s Zaldívar copper plant in northern Chile. The new segmented intercell bars being used in the Compañía Minera Zaldívar refinery have slashed energy costs, reduced short circuits during refining and allowed the production of heftier, purer sheets of copper – gains that all promise to boost the plant’s margins. A copper refining tank house containing the cell circuits typically consumes 2,000 kWh of electricity to produce a single tonne of grade-A copper. Yet, monitoring the energy efficiency of the Optibar technology after increasing the weight of harvested copper sheets, the project’s engineers recorded a 92 kWh-per-tonne cut in energy consumption, a savings of 4.6 per cent. “Today, with the power prices we have, Optibar technology represents a potential savings for the whole plant of US$1.5 million per year,” says Robert Mayne- Nicholls, executive general manager of Barrick Gold’s Chilean operations.”"

Jan 1, 2012

By D. J. Zuliani

A mass and energy balance for a modern electric arc furnace ("EAF") indicates that about 70% of the process energy losses are contained in the off-gas as chemical energy in the form of uncombusted CO and H2 and as thermal energy. Given the magnitude of the off-gas energy losses, improved EAF energy efficiency needs to focus first on controlling furnace practice to maximize "in-EAF" energy utilization and second, on recovering residual energy in the off-gas existing in the fume system. This paper focuses on the application of off-gas analyzers, sensors and process models to control and optimize "in-EAF" energy utilization efficiency. The paper will also discuss the application of heat recovery technology to EAF steelmaking.

Jan 1, 2015

By J. -F. Blais, M. -O. Simonnot, P. Charbonnier, J. Mocellin, Université de Lorraine INRA, G. Mercier

"Huge amounts of air pollution scrubber sludge have been generated during ferromanganese production using blast furnace. These residues have been historically deposited in ponds near steel making plants. They are very rich in zinc, manganese and lead (5 to 40 %) and also contain aluminum and iron. Considering the market value of these metals, brownfield sites can now be used as secondary resources. These ponds also have to be cleaned up to meet the environmental regulations.We have developed a hydrometallurgical process to recover Zn, Mn and Pb in order to produce valuable compounds of Mn and Zn and recover the final Pb residue by pyrometallurgy. The Zn and Mn compounds need to be pure enough to be economically valuable. Batch laboratory tests were carried out to determine suitable selective leaching conditions. The investigated operating conditions were acid concentration, pulp density and temperature. Optimal conditions to maximize zinc extraction (100 %) and manganese extraction (95.9 %) were found using sulfuric acid and sodium metabisulfide. The final residue contained 14.8 to 23.8 % of Pb. Then, Zn was recovered in the form of ZnO or ZnS by precipitation and Zn metal by electrowinning, while Mn was recovered as MnCO3 with a fairly acceptable concentration of impurities.INTRODUCTIONFerromanganese has been produced by pyrometallurgy in much of Western Europe for centuries. Use of wet scrubber to remove pollutant and dust particles from gas stream was common for most of these operations. Those residues contain high concentration of Zn, Mn and Pb. They have been left to decant in settling ponds installed close to the steel production plants. They now constitute heavily contaminated artificial soils. Those sludges are so contaminated with Zn, Mn and Pb that they can be used for metal production. Currently, no method is available to decontaminate these residues and recover Zn, Mn and Pb. Therefore, an approach considering these brownfield sites as secondary resource is in development. Doing so would achieve two goals, decontaminate the site and produce metals.. (Huot, Faure, Biache, Lorgeoux, Simonnot, & Morel, 2014a; Huot, Simonnot, Marion, Yvon, De Donato, & Morel, 2012; Huot, Simonnot, Watteau, Marion, Yvon, De Donato, & Morel, 2014b)."

Jan 1, 2016

By E. A. Roux

As the first mine-to-metal zinc operation utilising atmospheric leaching, solvent extraction and electrowinning, Skorpion Zinc faces unique challenges and opportunities. One of these challenges is found in the solvent extraction circuit, in which di-ethylhexyl phosphoric acid (D2EHPA) is used as the organic extractant. Although D2EHPA is an excellent extractant for zinc, it suffers from the co-extraction of ferric iron, which is produced during leaching and by the corrosion of the grinding media. This situation is partially mitigated by iron precipitation in the neutralisation step prior to solvent extraction. Unfortunately, some ferric iron still reports to the solvent extraction process. This leads to a slow build up of iron in the organic phase. Chemical stripping is used to maintain the Fe concentration at an acceptable level. In this paper, the efficiency of the iron removal process is discussed.

Jan 1, 2006

By K. J. Fair, G. Van Weert, J. E. Schneider

"IntroductionCyanidation is the principal process for extracting gold from ores . Many primary gold ores, however, are partially or totally refractory in the conventional cyanidation process.Considerable success has been achieved with new gold leaching techniques, such as intensive cyanidation, pressure cyanidation, carbon-in-leach cyanidation, etc. These techniques however, do not offer substantial gains in gold extraction from refractory pyrites.The more drastic pretreatment processes such as roasting, chemical oxidation, autoclave oxidation, and bacterial oxidation all utilize oxidation to break down the structures of pyrite and arsenopyrite. This generally renders the gold amenable to cyanidation.Comparative cost studies indicate that the oldest commercial pretreatment method, i.e. high temperature roasting, is currently the least expensive option if the sulphuric acid can be sold. It operates with air at atmospheric pressure and is characterized by fast reaction rates. For an alternative hydrometallurgical con centrate treatment method to be competitive, it too should operate with air at atmospheric pressure and with fast reaction rates. The NITROX process meets these conditions."

Jan 1, 1986

By J. Stiksma, J. Dennett, R. Kalanchey, J. Ji, M. Collins, T. Chan, R. Berezowsky

A pilot plant campaign has been conducted by Sherritt Technologies in support of Eldorado Gold Corporation’s evaluation of pressure oxidation technology for the treatment of refractory gold concentrates from the Certej deposit in Romania. Four separate concentrates, containing 3.5 to 5.4 g/t Au, 13.0 to 14.5% S2- and 12.0 to 32.5 g/t Ag, were tested in the eight-day campaign. The major gold-bearing mineral was pyrite. Preliminary batch tests indicated that gold extraction from the oxidized concentrates in subsequent cyanide leaching was adversely affected by the presence of organic carbon in the pressure oxidation feed when chloride in solution was at an elevated level. As such, the process conditions that were tested during the pilot plant operation were selected to either counteract the negative impact of the organic carbon, or to deactivate it during pressure oxidation. Both process routes proved feasible, yielding gold extraction of 95 to 98% in cyanide leaching of the oxidized concentrates. Silver extraction was typically in the range of 80 to 90%, provided that the oxidized concentrates were also processed in a lime boil step prior to cyanide leaching.

Jan 1, 2014

By Robert Y. Lamarche

On exploite le chrysotile dans le sud du Quebec depuis plus de cent ans. Au cours des dernieres decennies, cette variete d'amiante est devenue une des principales substances minerales produites au Quebec. Bien que la production de fibres d'amiante ait diminue de J 365 779 ten /979 a que!que 700 000 ten 1983, le Quebec n'en demeure pas mains une des principa/es sources d'approvisionnement mondial de ce mineral, la valeur des exportations quebecoises ayant ete de l'ordre de 315 millions de dollars en 1983. Dans la presente contribution, nous passons en revue que!ques-unes des notions mineralogiques sur l'amiante, depuis l'etymologie du mot et les proprietes physico-chimiques du mineral, jusqu'd ses principales utilisations commercia/es et industrielles. Un des deux objectifs principaux de noire article est de definir brievement le contexte geologique regional, la lithologie et /'age des roches ultramafiques serpentinisees et de decrire les principales caracteristiques des gftes de chrysotile qu'elles renferment et qui furent exploites a date dans /es Appa/aches du sud quebecois. Nous concluons en dressant un tableau synoptique de la metallogenie et en soulignant le role preponderant qu 'ont joue /es mouvements tectoniques majeurs, a la jonction des plaques et au sein des feuillets et copeaux de la croute oceanique (lithosphere et manteau superieur), sur la genese des gftes de chrysotile dans les roches ultramafiques serpentinisees, et tout particu!ierement dans celles associees aux series ophiolitiques du Paleozaique inf erieur.

Jan 1, 1984

By B. K. Choi, S. H. Kang, G. E. Kim, K. B. Kim, S. Noh, T. K. Kim, H. J. Jin

Oxide dispersion strengthened (ODS) steel is being considered as an in-core structural material of future nuclear reactor systems because of its excellent creep and irradiation resistance on the basis of uniformly distributed nano-oxide particles with a high density, which is extremely stable at high temperature in a ferritic/martensitic matrix. Up to now, ODS steels have been intensively studied and developed to apply these materials to the in-core structural component of future nuclear systems. The primary activity is to develop high strength advanced ODS steel, fabrication technology for the structural components and key joining technology for the component fabrication. As a result, a Fe-10Cr-1Mo alloy with a superior creep resistance at high temperatures has been developed. An optimized fabrication process of this alloy system has been established through various process conditions in mechanical alloying, hot/cold working, and heat treatment processes. Joining technology for the ODS steel components is also being developed using solid-state welding such as magnetic pulse welding, friction stir welding and diffusion boding. These R&D activities will contribute to the realization of ODS materials for future nuclear reactor system applications.

Jan 1, 2015

By W. W. Bake

INTRODUCTION IN IN JUNE, 1943, the main pillars of the Beattie Mine glory hole failed, allowing over a million yards of wet clay and debris to flow into the mine, completely filling all workings to within seventy feet of the 3rd level. The resulting Job of clearing these workings and rehabilitating the mine represents a unique and hazardous operation, seldom, if ever, previously encountered in Canadian mining. The purpose of this paper is to describe one phase of this operation -that of cleaning and rehabilitating the mine from the 6th to the 9th level -to outline briefly the events which led up to this work and to describe the techniques and costs involved. It will be noted that such costs, methods, and performance figures as are dealt with in this paper refer only to work in the internal shaft and adjoining workings from the 6th to the 9th level, previous work having been done under other supervision and management. The Beattie mine is in Duparquet township, northwestern Quebec, twenty miles northwest of the town of Noranda and twenty-three miles southeast of the town of La Sarre. The mine and the town of Duparquet, which it?supports, are accessible by highway from Noranda throughout the year. Production at the Beattie mine began in May, 1933, and up to June, 1943, twenty-one million dollars in gold and silver had been recovered from five and a half million tons of ore.

Jan 1, 1951

By R. C. A. Thurston

AT A FATIGUE SESSION organised by the A.S.T.M. in 1949, R. E. Peterson presented a brief introductory paper ( 1) in which lie referred to a discussion on the fatigue of metals which took place in England in 1849, and then proceeded to review some of the subsequent researches concerning the mechanism of fatigue. In the course of the review, he discussed metallograpl1ic studies with single crystals and polycrystalline materials, studies with X-ray methods, and the application of the electron microscope. During that hundred-year period considerable progress was made toward a better under-standing of the nature of fatigue, although it is probable that even greater attention was directed to the more practical aspects of the problem, such as the effects of notches, temperature, corrosion, surface treatment, residual stresses, and so on. Since then there has been an appreciable acceleration in the tempo of the fundamental work, partly influenced by the rapid development of the theory of dislocations, with the result that our knowledge of the mechanism of slip, the initiation of fatigue cracks, and their subsequent propagation, has still further advanced, although it is by no means complete as yet. The present paper is an attempt to out-line the more recent developments in these basic studies, to correlate them when possible, and to draw attention to those directions in which research might profitably be pursued.

Jan 1, 1957

By G. Fuentes, J. Viñals

"The nature and basic kinetics of the hydrothermal reactions of bornite, covellite pyrite and enargite with copper sulfate solutions were investigated, as a previous study on the behavior of the bulk Chilean copper concentrates. The reaction of bornite produced digenite at 160 °C and djurleite above this temperature. Covellite was transformed to digenite at < 200 °C and to chalcocite (Q and M) at > 200 °C. The pyrite reaction was significant at > 200 °C and extensive at 240 °C, enargite reacts only above 240°C and produces digenite. The hydrothermal treatment of Chilean Codelco-type copper concentrates with hydrothermal reactions was similar to those obtained from pure mineral samples.INTRODUCTIONStudies on the hydrothermal enrichment of chalcopyrite concentrates were begun by MacGauley and Roberts (1951), Roberts et al. (1953) and MacGauley and Schaufelberger (1956). In the 1970's these processes were reexamined by McKay et al. (1972), and Johnson and Coltrinari (1976), but it not was until the 1990s when the kinetics, mechanisms and full engineering aspects were studied by Barlett, (1992), Jang and Wadsworth, (1994) and Peterson and Wadsworth (1994). The main objectives were to solve some important problems in the copper pyrometallurgy: The increase of the smelting capacity, the reduction of the iron slag – and associated copper losses – as well as the reduction of sulfur emissions. The present rise in copper demand and price implies the production and subsequent treatment of very impure concentrates. Thus, a significant increase of environmental problems can be expected in the copper pyrometallurgy. The previous purification of concentrates can reduce the processing of wastes containing hazardous heavy metals in the copper refineries and the hydrothermal treatment can be an alternative which combines both enrichment and purification. On the other hand, Chuquicamatatype concentrates (Viñals et al., 2004a) contains digenite (Cu1.8S), pyrite (FeS2), chalcopyrite(CuFeS2), b ornite (Cu5FeS4), covellite (CuS) and sphalerite (ZnS) as the main mineral components, with minor amounts of enargite (Cu3AsS4), galena (PbS) and molybdenite (MoS2)."

Jan 1, 2012

By Earle J. Klohn

"The design, construction and operation of tailings dams is rapidly becoming a major consideration for most new mining developments, as well as for many existing operations. In North America, under pressure from public opinion, various government agencies have in recent years enacted legislation covering the design, construction and operation of tailings dams. In British Columbia, comprehensive legislation has been passed during the past year (1971). All of these new regulations may be placed into two broad categories: regulations concerning the safety of the dam and appurtenant structures, and regulations concerning the prevention of pollution. Both types of regulation affect the design of the tailings dam facilities. Consequently, they must be considered jointly by the designer. A good tailings dam design must satisfy the basic requirements of safety, pollution control, storage capacity and economy. To achieve this, 'the design must be based on a thorough understanding of both the geotechnical problems involved and the requirements of the mining development. Obviously, this requires close cooperation between the designing geotechnical engineers and the mining operators. This paper outlines the major engineering factors that should be considered in the investigation, design, construct ion and operation of tailings dams. Basic methods of tailings dam construction are reviewed and the advantages and disadvantages of each briefly discussed. Comparisons are made between the design and construction of conventional water supply dams and tailings dams. Examples are presented of some of the problems that may arise during construction and operation of a tailings dam. The paper also explains the need for basic instrumentation of tailings dams and for carrying out simple field tests and measurements during construction and operation. Of prime importance is the downstream monitoring of surface and subsurface seepage flows. These observations are invaluable where contamination of surface and/or subsurface water may become a contentious issue at some future date. Each tailings dam design must be based on a study of the particular requirements of that project. To make a proper evaluation, adequate data must be available concerning a large number of items•, including such things as: topography, hydrology, geology, subsoil properties, seismicity, government regulations, fineness of mill grind, mill water balance, availability of suitable construction materials, volume of water to be stored behind starter dam, downstream development or liability, and many others. The large number of variables involved in such an evaluation often result in the designer considering two or more alternative designs. Selection of the final design, which is usually based on detailed cost analyses of the alternatives, must be made in close consultation with the owner."

Jan 1, 1972

By M. B. Mansur, A. S. Guimarães, A. J. M. Santanilla, D. C. R. Espinosa, J. A. S. Tenório, R. A. Pini

The separation of Ni and Co from sulphate medium containing Mn, Mg, Cu and Ca was carried out by solvent extraction. The object of this study was to investigate the synergistic effect using phosphinic acid (Cyanex 272) and carboxylic acid (Versatic 10) and their mixtures in kerosene. The extraction percent of each metal ion was found to increase with increasing pH and extractant concentration. Co was preferentially extracted over Ni under the same extraction conditions. The separation factors of Ni/Co increased with the use of the synergistic systems investigated.

Jan 1, 2014

By Robin Phinney

Certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, pe1formance or achievements of the Corporation, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this presentation, such statements use such words as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate" and other similar terminology. These statements reflect the Corporation&apos;s current expectations regarding future events and operating performance and speak only as of the date of this presentation. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessa1ily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward looking statements including, but not limited to, the factors discussed in the Corporation&apos;s annual information form filed on March 9, 2011. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the failure to obtain necessary regulatory approvals, including environmental approval, the failure to secure full project financing, the failure to implement the recommendations set out in the Technical Report, the failure to raise financing to implement the recommendations in the Technical Report, risks associated with the mining industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to production, reserves and resources, costs and expenses; and health, safety and environmental risks), decrease in potash prices and exchange rate fluctuations. Although the forward-looking statements contained in this presentation are based upon what management of the Corporation believes are reasonable assumptions, the Corporation cannot assure shareholders that actual results will be consistent with these fonvard-looking statements. These fon\?ard-looking statements are made as of the date of this presentation and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Corporation assumes no obligation to update or revise them to reflect new events or circumstances. This presentation is a market update based on the Corporation&apos;s public disclosure and does not form a part of any offer of securities, or constitute a solicitation of any offer to purchase or subscribe for securities. Any purchase of securities in the company should be made solely on the basis of information contained in the Corporation&apos;s public record which is available on www.sedar.com .

May 1, 2013