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This document presents estimates of future "total cash cost per ounce" and "minesite cost per tonne" that are not recognized measures under United States generally accepted accounting principles ("US GAAP"). This data may not be comparable to data presented by other gold producers. These future estimates are based upon the total cash costs per ounce and minesite costs per tonne that the Company expects to incur to mine gold at the applicable projects and do not include production costs attributableto accretion expense and other asset retirement costs, which will vary over time as each project is developed and mined. It is therefore not practicable to reconcile these forward-looking non-GAAP financial measures to the most comparable GAAP measure. A reconciliation of the Company's total cash cost per ounce and minesite cost per tonne to the most comparable financial measures calculated and presented in accordance with US GAAP for the Company's historical results of operations is set forth in the notesto the financial statements included in the Company's Annual Information Form and Annual Report on Form 20-F, for the year ended December 31, 2009, as well as the Company's other filings with the Canadian Securities Administrators and the SEC.

May 1, 2011

By Warwick D. Bullen

Gold mining in the Yellowknife area of the Northwest Territories started long before the concept of sustainability entered the academic literature and by the time the term enjoyed widespread public acceptance, the Yellowknife gold mining industry was in its sunset years. Nevertheless, the city of Yellowknife will long outlive the gold mines that it was founded on, demonstrating that not only can mining build sustainable communities, but that sustainable mining as a concept is an entirely valid precept. To this effect, the authors examine the complex economic and social aspects of the gold mining industry in the Yellowknife area over the last 70 years.

May 1, 2004

By D. G. Sinclair

IN surveying the changes that have taken place in the mining industry of Ontario in the past ten years, the striking growth of the gold mining industry first attracts attention. In 1925 there were only twelve regularly producing gold mines in the Province, six of which were located in the Porcupine area, four at Kirkland Lake, and one each at Larder Lake and Boston Creek. In contrast with this, the year that has just closed (1935) has seen production on a steady basis from forty mines, with what may be termed spasmodic production from twelve other properties. This so-called spasmodic production is, however, responsible for the recovery of gold to an estimated value of between $75,000 and $100,000 during the year. Further illustrating the expansion in the gold mining group is the activity in the exploration and development of properties. In 1925, mining operations were conducted at 29 properties which had not reached production, while in 1935 work of this nature was carried on at 87 such properties. It is of interest to note that of the six properties listed as producers in Porcupine ten years ago, five are still producing at rates considerably in excess of the tonnages handled at that time. In fact, the estimated tonnage treated at these mines in 1935 exceeds the 1925 tonnage by approximately half a million tons. In Kirkland Lake, the figures are still more striking. The four mines in production in that camp in 1925 milled 346,584 tons, producing bullion to the value of $5,132,128, while in 1935 these same mines treated approximately 1,643,000 tons, with a recovery of roughly $29,300,000. While Porcupine and Kirkland Lake remain the great gold-producing camps of the Province, the growing importance of the newer areas is readily appreciated when we consider that in 1935 the mills of these areas treated over 1,000,000 tons of ore for a production in excess of $7,500,000. Pro-duction from these newer districts first became of importance in 1930 with the commencement of recovery at the Howey mine, in Red Lake, and the Minto, in Michipicoten. Since 1930, eighteen new gold mills have gone into production in the Red Lake, Little Long Lac-Beardmore, Pickle Crow, Sturgeon Lake, Michipicoten, Sudbury, and Matachewan areas. In respect to silver mining, the period under review has seen a considerable slackening of activity, due to a generally unstable and depreciated price for the product and to the exhaustion of ore reserves in the mines.

Jan 1, 1936

By K. Hawboldt, J. E. Halfyard, C. Bottaro

The removal of sulfur from leach residues has been practised in the zinc industry using a combination of flotation and hot melt filtration. The process is highly dependent on the nature of the concentrate and the subsequent residue. When the mineral constituency of the residue alters, the process can encounter significant operational challenges. An alternate method of converting elemental sulfur to water-soluble polysulfides was applied to leach residue from Vale's nickel demonstration plant in Argentia, Newfoundland. Reaction parameters, sulfur purity and other key indicators are discussed as is the potential commercial application.

Jan 1, 2011

Productivity and efficiency of diesel-powered underground trucks and LHDs can be enhanced through the application of a range of advanced technologies. In addition, these machines are subject to ever more stringent emissions control requirements. This paper will review how various technologies can improve usability, maintainability, and performance of LHDs, through a number of examples. The use of instrumentation and monitoring to understand the role of operator practice on mucking efficiency, as well as the use of finite-element analysis to evaluate structural design, and the use of control techniques to modify operator inputs and hence decrease power consumption, will be presented.

May 1, 2002

By W. A. Bell

The Carboniferous system of rocks in the Maritime Provinces include as workable mineral and organic substances, gypsum, anhydrite, salt, coal, building stones, grindstones, limestones, brick-clay shales, fire-clay shales, oil shales, etc. The system is, therefore, pre-eminently of economic value to the provinces in which it occurs, and the more knowledge we may gain concerning it, the more we may be prepared to aid in the development of these useful substances. For this purpose it is not sufficient to state that the ground upon which we stand is underlain by Carboniferous rocks. In-discriminate digging or drilling will not open many new mines of wealth, however difficult it may be to dampen the optimism of gamblers. For mineral wealth has not been scattered in the rocks haphazard, now here, now there, but its distribution has been the result of natural earth forces acting at intervals throughout the countless millions of years that have elapsed since our planet was born. As regards the majority of metalliferous deposits, the earth forces involved have resulted in the penetration of surface or sub-surface rocks by molten rock-matter and associated mineral solutions from deep-seated sources. But the economic Carboniferous deposits that have been mentioned are themselves types of bedded surface rocks rather than immigrant deposits, and their formation and geological history is closely related to that of the rocks with which they are interbedded.

Jan 1, 1924

By H. C. Rickaby

The Bannockburn gold area covers the four townships of Bannockburn, Argyle, Hincks, and Montrose, lying in the western part of the Matachewan district of Ontario (see Figure 1). The geology of these four town-ships was studied by H. C. Cooke of the Geological Survey, in 1917-18, and is shown in his map of the district. In the fall of 1930, a rich gold-bearing quartz vein was discovered in the northwest part of Bannockburn by B. S. Ashley. A prospecting rush followed the discovery; many claims were staked in the Bannockburn area, and, during the summer of 1931, a considerable amount of prospecting was done.

Jan 1, 1932

By S. E. Malouf, R. Hinse

"The Mineral possibilities of the Chibougamau area were first recognized by Richardson in 1870 and Low in 1885, both of the Geological Survey of Canada. The first record of interest by the Quebec Bureau of Mines is in 1904, when J. Obalski reported on the discovery of copper and asbestos by Peter McKenzie in the previous year. Reports of 1906 and 1907 covered the McKenzie Gold Mine find and other deposits. In 1908 Prof. Dulieux described the quartz vein on Merrill Island and the mineralized zone on the near-by mainland. In 1910 the Chibougamau Railway Commission, though commenting favourably on the possibilities of the area, concluded that a railway was not then warranted.In spite of this, prospecting in the district continued. The main Campbell Chibougamau deposit, the Blake showing on Merrill Island in Dore Lake, was found in 1920, and other discoveries were made soon after. Between 1927 the work of Mawdsley, Retty, and Norman tor the Geological Survey and the Quebec Bureau of Mines stimulated further interest. In 1934 Consolidated Chibougamau Goldfields Ltd., a subsidiary of Consolidated Mining and Smelting Co. of Canada Ltd., acquired the Merrill Island and Cedar Bay holdings of Chibougamau Prospectors Ltd. They embarked on an aggressive campaign, directed essentially at the gold quartz veins at Cedar Bay. Exploration there included a 522-foot shaft, 4,732 feet of drifts and crosscuts, and about 34,000 feet of surface and underground diamond drilling. Thirteen holes were also drilled on the replacement sulphide lens at Merrill Island. Operations were suspended in 1936, as the occurrence was too low grade for development at the existing metal prices and under difficult operating conditions.The completion of the Quebec Bureau of Mines highway from St. Felicien to Chibougamau in 1950 was followed by a project of detailed geological mapping by the Bureau. It also encouraged Campbell Chibou-gamau Mines to acquire the assets of Consolidated Chibougamau Gold-fields and commence a program of surface exploration. Between August 1950 and April 1951, 41,183 feet of diamond drilling was done on the Cedar Bay and Merrill Island holdings. The Blake showing off the west shore of Merrill Island developed at depth into a major orebody. A lease was obtained on adjacent ground from Merrill Island Corporation, and underground work commenced in November 1951. Development at Merrill Island to June 1st, 1955, included a four-compartment shaft to 1,225 feet, with 8 levels at 150-foot intervals, 5,317 feet of raises, 16,709 feet of drifts and crosscuts, 52,514 feet of surface and 96,593 feet of underground diamond drilling."

Jan 1, 1949

By K. Sakai, M. Miyaue, T. Aoki, T. Tani, S. Tanaka, N. Kudo

In the planning stage of a tunnel, due to limited technology in the geological survey and the financial restriction, tunnel supports are often designed from unsatisfactory information, and the tunnel construction is started. Therefore, "Information-oriented construction" is carried out in the construction stage, in which the design is rationally verified and modified by observations/measurements. Moreover, the ground conditions ahead of a tunnel face must be predicted for efficient and safe tunnel construction. The authors have examined effective prediction methods to the ground conditions ahead of a tunnel face under construction of mountain tunnels (Aoki et al., 2010) in view of the established method (Schubert et al., 1995). Though the prediction method of Schubert requires the displacement in the direction of tunnel axis, it is difficult to obtain its accurate data by the electronic distance meter. Then, we have proposed a method that uses tilt sensors installed at the tunnel crown near the face to obtain the slight tilting information. To measure inclination of the tunnel crown, this inclinometer was originally developed as a daily control measurement, such that the geological condition and its possible change behind the face could be detected early, and a steady advance and construction safety could be ensured. This paper describes the method of forward prediction mechanism and advantages of this suggested method. It then presents the typical results of a field verification test at a tunnel under construction and an example of evaluation of the ground conditions ahead of the face based on the 3D numerical analysis in three types of condition changes of ground deformation moduli.

Jan 1, 2015

By Gino Palarchio

Dofasco is Canada?s 2nd largest steel manufacturer producing 4.5 million tons of flat rolled steel per year. They have revenues of over $3 billion and employ 7,000 people in their Hamilton, ON plant. Dofasco is North America?s most profitable steel producer and were recently ranked as the #1 steel maker in the world by Dow Jones. Motivation to Improve In the 1980?s the steel business was good. However, in the late 80?s and early 90?s things began to change. Globalization was beginning to influence the market, imports started arriving at lower prices and higher quality, hangover from the 1970?s inflation saw costs rising and prices dropping, there was a shift from a sellers to a buyers market, and shareholder returns were beginning to erode. Dofasco took a step back and evaluated their maintenance performance and found that they were operating in an environment where 70% of their work was reactive and only 30% was proactive. They also found that the rate of product quality improvement was flat and their average equipment availability was only 78%. At that point they realized that Equipment Reliability was key to improving product quality, production output, costs and shareholder return. They initiated a project to research, develop, and implement the most advanced maintenance practices and information technologies to achieve maximum equipment reliability.

May 1, 2001

By J. Ouellet

The authors participated in a study for a new mine shaft in Saskatchewan?s Athabasca Basin where ground freezing is desired to reduce water inflows. Constraints were imposed on the design in terms of permissible water leakage (less than 10 m3 / hour) inside the shaft. Since the shaft goes through highly permeable formations, water control measures had to be incorporated into the design. Ground freezing was selected as the most reliable and proven method for the sinking and a hydrostatic liner design was implemented. While exploring various technological options available for providing a fully hydrostatic liner, the authors came up with a new design concept that offers a more cost effective solution while meeting all the design constraints. The new liner concept is a composite design using concrete and a sprayed-on membrane system. A proof of concept program comprising laboratory testing and field testing was successfully implemented. This paper presents the innovative liner design, as well as the adapted sinking methodology, developed for this type of project. The new concept offers a new cost effective high performance hydrostatic mine shaft liner comparing favorably with traditional methods. RESUME: Les auteurs ont réalisé une étude pour un nouveau puits de mine dans le Bassin de l?Athabasca en Saskatchewan. Des limites sévères sont imposées sur le design en terme de volume d?infiltration d?eau acceptable (moins de 10 m3 / heure). Comme ce puits de mine traverse des formations très perméables la congélation des terrains a été sélectionnée, une méthode éprouvée et fiable. Un design hydrostatique a été choisi pour le revêtement du puits. Dans le processus de design, les différentes technologies disponibles ont été étudiées. Les auteurs ont développé un nouveau concept de revêtement composite offrant un rapport performance/prix plus avantageux que les technologies conventionnelles. Le nouveau design proposé est composé de béton et d?une membrane projetée. Un programme expérimental a été réalisé pour démontrer la faisabilité du concept. Cet article présente le nouveau concept ainsi que la méthodologie de fonçage de puits adaptée. Ce concept innovateur offre un revêtement hydrostatique performant à un cout avantageux par rapport aux techniques de construction utilisées jusqu'à maintenant.

Jun 1, 2012

By P. J. Oakley, W. M. Thomas, S. W. Kallee, D. G. Staines

A Friction stir welding (FSW) is now extensively used in aluminium industries for joining and material processing applications. The (FSW) technology has gained increasing interest and importance since its invention at TWI almost 15 years ago. The basic principle, recent applications and the continuing development of the FSW technology are described. The paper will introduce some of the variants of FSW, such as Dual-rotation, Twin-stir(TM), and the Stir-lock(TM) technique.

Jan 1, 2006

By Michael L. Wayman

Native copper is copper which exists in nature in elemental, metallic form, rather than being chemically combined as is the case with the more usual oxides, sulphides, carbonates, etc. Several other metals, including gold, silver and platinum also occur in native form as do, rarely, iron, lead and mercury; a few naturally occurring native metal alloys, notably electrum (gold-silver) and tumbaga {gold-copper or gold-silver-copper) are also known. An analysis of the relative availabilities of native metals as nuggets in a useful size range111 shows native copper to be by far the most abundant of the native metals, exceeding both gold and silver by at least two orders of magnitude. While such an estimate is crude, it serves to illustrate why copper was one of the first metals to have been used by ancient peoples. Native copper is known to occur on all inhabited continents, although its exact occurrence and abundance in ancient times cannot be unambiguously determined because many surface deposits may have been totally exploited and are therefore no longer identifiable. It is clear, however, that native copper does or did occur in all areas inhabited by the early metal-using cultures, for example in the Andes, in Central America and in the Near East. It is remarkable that most of the world's native copper occurs in the deposits of the Lake Superior region, primarily on the Keweenaw Peninsula of northern Michigan and on Isle Royale, an island in Lake Superior some 50 miles north of the Keweenaw deposits. Canadian deposits of native copper are found in Newfoundland and Labrador, Nova Scotia, Quebec, Ontario, British Columbia, the Yukon and the Northwest Territories (on Victoria Island, Bathurst Inlet and the Coppermine River area). It was to locate the latter deposits that the explorer Samuel Hearne was sent overland from Hudson's Bay in 1770; they were also surveyed by Sir John Franklin's expeditions in the 1820s.

Jan 1, 1999

By Larson. William

What is Lunar In-Situ Resource Utilization (ISRU)? ISRU involves any hardware or operation that harnesses and utilizes ?in-situ? resources to create products and services for robotic and human exploration In-Situ Lunar Resources ???Natural? Lunar Resources ??Discarded Materials Lunar ISRU Products and Services ??Excavation, Site Preparation, and Outpost Deployment/Emplacement ??Mission Consumable Production ??Outpost Growth and Self-Sufficiency Benefits of ISRU ??Increased science and exploration hardware (instead of consumables) ??Increased safety, crew exploration time, and self-sufficiency ??Technology spin-in/spin-offs help recycling on Earth & space economy

May 1, 2009

By Roy O. Ifill, W. Charle Cooper, Alan H. Clark

"Queen’s UniversityIn representative, run-of-mine samples from the Panel and New Quirke mines of the Elliot Lake uranium district, Ontario, brannerite, ametamict uranous titanate, occurs in microscopic grain-aggregates which display wide variations, both in textural habit and in the relative proportions of brannerite, titania polymorphs and/or “uraniferous titania”. As is widely documented, much of the brannerite occurs as trellis-like arrays of laths and needles pseudomorphing rutile oranatase. In some cases, the laths and needles are cemented by coffinite. Brannerite, with an average composition of (U0.629Th0.039Ca0.20)(Ti2.199Fe0.13)O69contains =3 wt% Th and is distinctly Ti-rich relative to the ideal composition, UTi2O6. Much of the Si reporting consistently in electron microprobe analyses (between 1 wt%and 5 wt%) is tentatively attributed to contamination by the quartz-sericite matrix, and a minor proportion is attributed to the presence of coffinite intergrowths. “Uraniferous titania” (average par-tial composition by weight: 10.8% U, 0.3% Th,32.9% Ti) is considered to represent an intermediate stage in the conversion of titania to brannerite.The leaching behaviour of brannerite in its different modes of occurrence was studied qualitatively by the rotating-disc (polished section) method in H2SO4and HCl solutions at 25° to70°C. Redox potential was not measured. The progress of the dissolution of the individual brannerite crystallites and grain-aggregates was monitored by optical and scanning electron microscopes. Regardless of its morphology and texture (laths or needles, reticulate or blocky),brannerite is not readily leachable. Regardless of the process conditions, the rate-controlling step appears to be the initial leach-pit formation. These pits expand radially through the aggregate as leaching proceeds. This dissolution mode is independent of the relative amounts of brannerite and titania, i.e. the type of grain-aggregate. Secondary coffinite intergrowths are readily leachable and enhance the overall leaching kinetics of brannerite by accelerating leach-pit formation. These data provide, for the first time, information on the controls on the leaching of the uraniferous phases which dominate the lower-grade ores in the Elliot Lake district."

Jan 1, 1996

By Karl J. C. Harries

"6.1. INTRODUCTIONThis chapter comments on some of the more common types of agreements related to property examination and acquisition, other than the farm-in/joint venture agreement or common undertaking, which is dealt with in the next two chapters. Many of the comments made in Part IV of Chapter 4 apply equally to any such agreement. In addition, many of the comments in Chapter 8 and the examples in Volume II are most certainly relevant to many other types of agreement.6.2. RIGHTS OF FIRST REFUSAL1A right of first refusal is a right that obligates an owner to offer his property, or an interest therein, to the holder of the first right if the owner intends to sell or otherwise dispose of it. It may be triggered either by the owner wishing to offer his property for sale or by receipt of a bona fide offer to purchase his interest from an “outside” third party. The mechanics and procedures to implement a first right should be set out clearly in the agreement, and their basics are the same, whether the first right is a stand-alone document or is part of an acquisition agreement.2Rights of first refusal are common in agreements to permit some control over the disposition of an interest and there they can be a valuable provision. However, some explorationists feel that they are also a good stand-alone agreement to have while a property is being evaluated to decide whether or not it is worth optioning. The reasoning is that such an arrangement will tie up the property to allow a quick look and, if the property looks interesting, the balance of the term of the first right will give an ample exclusive period of time to negotiate with the owner and settle an acquisition agreement. In addition, the explorationist is protected by the first right if the owner decides to negotiate a deal with another party."

Jan 1, 2003

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 I. I. Bethcherman

Introduction 1.-lmportance of Physical Nature of Condensates The metals of commercial interest which have reasonably high vapour pressures below 1,200° C. are mercury, cadmium, sodium, zinc, magnesium, lithium, and calcium. With the exception of mercury, these metals occupy high positions on the electrochemical series and form compounds with very high negative free-energies of formation. It is highly desirable that such metals should not be produced in a form which is finely divided, on account of their reactivity with atmospheric gases. Powders of magnesium, calcium, and even zinc (blue powder) are dangerous to handle and cannot be coalesced by simple melting techniques. Vaporization in vacuo forms a convenient method of handling and purifying the alkaline earth metals in particular and a previous paper by the authors dealt with some of the factors controlling the separation of metals by this technique (12). An essential part of the operation is the condensation of the vapour to produce a massive deposit which may be conveniently melted and handled by established metallurgical techniques. This investigation sought to determine the conditions affecting the nature of solid condensates.

Jan 1, 1951

By Clyde Williams

If you would allow me some liberties, I would re-state the title of this talk as Scientific Research, Our Greatest Resource, because that title would represent more clearly a present-day conception of the metals and minerals situation. It is a subject worthy of careful consideration. Canada and the United States are so similar and interdependent in their national economies that, in the following discussion, examples of conditions in the United States may? be interpreted to apply to Canada as well. Moreover, it is a striking fact that the per capita value of mineral production in Canada and the United States in 1940 was almost the same. Therefore, in the consideration of this subject, I have made no attempt to differentiate between the two countries. The consumption of the world's mineral resources in the last few decades, and particularly during World War II, has been so enormous as to require some form of magic to ensure the continued progress of civilization in the face of a diminishing supply of these resources which are so critically essential. As Dr. C. K. Leith pointed out in 1941, industrial expansion has been so great that, during the first forty years of this century, the world used more of its mineral recourses than in all preceding history. And this did not include the all-out consumption during the succeeding five years of war.

Jan 1, 1947

By N. Shi, T. G. Joseph

ABSTRACT A revised equilibrium approach to evaluate dipper-ground interactions during the dig cycle of ultra-class mining shovels operating in soft unblasted uniform ground conditions is presented. A review of previous approaches, leading to an outline of the modifications and ground condition considerations, is made in support of the reasoning and basis for the derivation presented. An analytical solution is provided to the scenario of a cable shovel dipper digging in soft ground material such as oil sands.

Jan 1, 2012