Search Documents

North Eastern Russia encompasses the northern part of the Circum Pacific. The region comprises various tectonostratigraphic terranes, including cratonic blocks, fragments of volcanic arcs, accretionary wedge terranes, oceanic crust and passive continental margins. The terranes have been accreted to the eastern margin of the Siberian Craton in the Late Mesozoic. The prominent structures of the region are extended zones of the Mesozoic flysch and turbidites. Another important structure is the 3000 km long Okhotsk-Chukotka volcanic arc which marks the Cretaceous active continental margin of northern Eurasia. The youngest structure of the region is the 2000 km long Late Cainozoic Kamchatka-Kuril island arc system. North Eastern Russia is the main gold producing region of the Russian Federation. Since the beginning of recorded gold production in 1932 until 1995 the region has produced 2575 t (83M oz) of gold. Most of it, 2439.5 t, has been produced from placers. Owing to depletion of alluvial gold resources, exploration and mining emphasis is currently switching to the development of the lode deposits. At least five distinct types of the gold mineralisation are reported in North Eastern Russia - mesothermal gold mineralisation in the Mesozoic fold belts, Paleozoic epithermal gold mineralisation occurring within Omolon block, epithermal gold mineralisation related to the Mesozoic volcanics, Cainozoic epithermal gold mineralisation, gold-bearing Cu-porphyry deposits. The current paper introduces the metallogeny of lode-gold deposits of North Eastern Russia. It provides the review of the regional geology, the selected gold provinces and representative deposits with an emphasis on the mineralisation styles and distribution control.

Jan 1, 1999

By H. R. Bullis

"Abstract- This paper discusses what appears to be a flaw in the current belief, widely held within the gold mining industry and investment community, that the creation of ever-larger gold mining companies is desirable for mining companies and investors alike. The basis of the flaw is in the underlying assumption that very large gold producers can discover or acquire new gold deposits of the size necessary to replace extracted reserves on a year-on-year basis over the intermediate to long term (i.e., five to ten years and longer). As it will be noted in this paper, deposits of the size required to replace annual production of very large gold producers (VLGPs) are relatively few in number. Although discoveries of new gold deposits continue to be made, they are predominantly in the 0.5 to 2.0 million ounce range. Data represented here suggest that, although gold production from individual VLGPs continues to increase, the change is due to merging or acquiring other companies or projects with similar reserve life profiles. Therefore, the reserve life profiles of VLGPs have remained flat or have decreased.The paper will note recent changes in the industry and the remarkable increase in gold production reported by individual mining companies over the past several years. It will provide an overview of the geographical and geological distribution of known gold deposits and the range of deposit sizes. Finally, the paper will discuss the challenges that face large gold producers in replenishing their reserves that are being depleted at an ever-increasing rate. Unless otherwise stated, all production and reserve data have been taken from company documents in the public domain or publicly available information."

Jan 1, 2001

By R. E. Lindstrom, D. G. Peterson, H. J. Heinen

Alkaline alcohol solutions were investigated by the Federal Bureau of Mines for improving the desorption rate of gold and silver from metal-laden activated carbon generated in gold processing circuits. Factors affecting the desorption, such as temperature, alcohol content, type of alcohol, and alkalinity, were studied. Nearly complete metal desorption was obtained in 5 to 6 hr at 80º C using a solution containing about 20 vol-pct alcohol and 1 pct sodium hydroxide. Sodium sulfide was shown to be effective for selectively precipitating silver from the carbon strip solutions, thereby providing a means for producing high- purity gold by subsequent electrolysis.

Jan 1, 1976

The history of gold dredging in New Zealand, leading to the develop- ment of the `New Zealand Type' dredge is considered. Much of this infor- mation has come from contemporaneous publications by the New Zealand Department of Mines. Alluvial gold production declined after 1902, and ceased completely in 1982, but is now rising again. The progress of the New Zealand alluvial gold mining industry is considered, together with some of its more exceptional successes. Recent developments are com- pared to those of the past.

Jan 1, 1988

By William H. Shockley

[SECRETARY'S ]NOTE.-The following notes, arranged and edited in this office, but not yet revised by the author, were placed at my disposal with much modest hesitation (due to their incomplete and fragmentary character), upon my earnest request, and my argument that such recent and trustworthy data concerning a new and important mining industry ought not to be withheld from our Transactions, simply because they are not sufficient to constitute a, complete academic treatise on the subject. This argument is recommended to the attention of many other members, who are waiting for the opportunity to contribute something "monumental" to our Transactions. In a number of instances, death has nulli¬fied this ambition, and the intended "monumental" contribution has turned out to be an obituary notice by the Secretary, instead of a valuable record of the professional experience thus hopelessly lost to the world.-R. W. R.] The official publications of the the Russian Government give fairly complete statistics of the dredges operated in the Empire; and in a recent English bluebook, Mr. Cook's report on Siberian Trade presents a brief account of dredging in Siberia. The data in Table I. (not given by Mr. Cook) have been taken from the Gold Mining Messenger (Russian) for July, 1905. These interesting statistics, though incomplete, show that the Yenisei dredges are working on poor ground and yield small returns. According to report, but few yield a profit exceeding 10 per cent. per annum on the capital invested. In the summers of 1904 and 1905, I traveled in the Urals as far north as lat. 61° N., long. 61° E., on the the Lozva river, a part of the vast system of the 01) river. This clear-water stream starts from the summits of the Urals at an altitude of 4,000 ft., and flows through a flat country, densely wooded with larch, spruce, pine, fir, birch and poplar. The river is full of fish, and is navigable for good-sized steamers as far as Ivdell. Winter lasts from early November to late April, the temperature rang¬ing from -60° F. to a summer maximum of 90° F. The rain¬fall is 20 in.. The climate is healthy, although mosquitoes,

Jul 1, 1906

This paper is in two parts. The first covers the evolution of dredging leading to the development of the æNZ typeÆ large dredge and the second, current alluvial gold recovery practice in NZ. NZ was the first country in the world to adapt the bucket-ladder dredge to alluvial gold recovery. Between 1857 and 1907, gold worth (at today's NZ price of about NZ$600/ounce*) over $11 billion was exported û from a country with well under one million people at that time. Over 200 small dredges operated, mostly on the Clutha River, around the turn of the century, however by 1940, only 20 or so large machines remained, and the last of these, the 4000 ton 'Kanieri' ceased operations three years ago. Recently recognition of the superior digging power of the hydraulic backhoe and reintroduction of the simple 'trommel and riffleÆ plant with about 80 m3 /hour capacity has led to a proliferation of static and floating plants, there being at least 50 currently in operation on the West Coast and in Otago. There are signs however, that the process of evolution of such small unsophisticated plants into larger, more efficient units has begun again. * At the time of writing (October 1984) NZ$l. 00 = US 50ó. NZ dollarsare used throughout this paper.

Jan 1, 1985

By H. Clare Horwood

"Two structures, a fracture zone and a shear zone, contained the two orebodies that yielded all the ore mined at the Gold Eagle mine. The orebodies are known as the Gold Eagle vein and the No. 1 shear zone. Both structures occur close to contacts between Timiskaming sediments, Algoman diorite, and later Algoman granite-granodiorite. The structures were produced by compressive forces from a south direction acting in the southern part of the McKenzie-Gold Eagle stock and in a cylindrically shaped inclusion of Timiskaming sediments.The mine, which exhausted its ore reserves and ceased operations in September of 1941, is on the east side of Mackenzie island, in the centre of Dome township in the Red Lake area.The Gold Eagle vein was located during the summer of 1933 by a surface exploration programme carried out under the direction of Alex Gillies. Sub-· sequent diamond drilling and underground exploration led to the installation of a mill, which came into production in October of 1937. The No. 1 shear zone was discovered and explored later from a drive on the 500-foot level. The mine produced a total of 40,204 oz. gold and 19,157 oz. silver from 223,628 tons of ore hoisted (180,095 tons milled) during its 4 years of mill operation.GENERAL GEOLOGYThe ore-bearing structures trend S.61°E. across Timiskaming greywacke, Algoman diorite, and later Algoman granite-granodiorite. The greywacke is a large, cylindrically shaped mass that is separated from the mai~ mass by the later intrusives. It is a massive, light-coloured, quartzose variety that has been recrystallized by the enclosing granite. The diorite and the granite-granodiorite are early and late components of the McKenzie-Gold Eagle stock. The diorite, which is a porphyritic rock containing large crystals of andesine-labradorite surrounded by hornblende, was injected early in the Algoman period. It was intruded and in large measure surrounded by the later granite-granodiorite. This rock varies from a granodiorite near the mine to a granite in the centre of the stock. All three intrusions are massive and homogeneous."

Jan 1, 1954

By D. Gaboury

Most hydrothermal gold deposits contain quartz with fluid inclusions that record composition and temperature of the mineralizing event. Quartz has strong chemical and mechanical resistances to weathering and abrasion. Hence, quartz fragments occurring on weathered surfaces or in till cover have the potential to be used for gold exploration as far as we know what is the signification of the volatile content of the fluid inclusions for gold mineralization. In this perspective, fluid inclusions were analyzed in pure quartz by solid-probe mass spectrometry from gold deposits hosted in the Archean Abitibi (Canada) and Paleoproterozoic Birimian (Western Africa) belts. This approach provides the relative abundance of volatiles from families of fluid inclusions decrepitating at specific temperatures (Td). Fluids in gold deposits are aqueous-dominated with CO2 and minor H2S in accordance with their fundamental role as gold-ligands (H2S) and for pH-buffering (CO2) of the gold-bisulfide solubility. However, there is no correlation between CO2 and H2S contents of fluid inclusions with the gold grade of the samples. This suggests that trapped fluids represent a marginal portion of the fluid history recorded by the veins. However, in barren quartz veins away from known mineralization CO2 or H2S are commonly absent. Wide ranges in H2O Td from 250 to 450°C and CO2-H2O Td offsets are common, indicating phase separation. The content of other volatiles seems to be more dependent on the geological setting. Helium content may suggest proximity to a crustal-rooted fault, a critical parameter for gold mineralization. Methane and especially C2H6 appear to be indicative of fluid buffering by organic-rich material such as graphitic-shale. These rocks may provide an important primary gold reservoir from sedimentary metal-rich pyrite. Nitrogen-bearing fluids may be related to a magmatic component but can also be derived from organic-rich sedimentary rocks. For gold exploration, quartz containing CO2- H2S-bearing fluid inclusions and having H2O-CO2-Td offsets within 250 - 450°C has strong vectoring potential.

Jan 1, 2011

By Colin E. Dunn

The high mobility of gold within the plant kingdom results in detectable accumulations of gold in many plants. Concentrations vary within individuals, among species, and with seasons. From an evaluation of the chemistry of easily acce sible organs of common pecies in the northern forests, it is concluded that alder twigs (or leaves) and conifer bark scales are the vegetation components of greatest use in the earch for concealed gold mineralization. Maximum anomaly enhancement is obtained from twigs collected in the spring. Examples are given of urvey conducted in the La Ronge Domain using 1) jack pine bark (A nglo-Rouyn and Upise Lake areas) ; 2) alder twig (McLennan Lake) ; 3) black spruce bark (Rod Zone near Mallard Lake, and at Waddy Lake) ; and 4) multi-media (Tower Lake). At the latter two sites gold-bearing till is blanketed with late glacial material. Gold enrichment in the plants suggest that the roots are ab orbing gold from the underlying till. Complex processe control the uptake and retention of gold in plants. An understanding of these processes pem1its biogeochemistry to assist in locating near- urface mineralization .

Jan 1, 1986

By R. Poulin, C. F. Gleeson

The Birimian rocks of the region are gold-bearing and show many similarities to those of Burkina Faso. All three greenstone belts (Goroual, Tera and Sirba) host gold-bearing quartz veins. It appears that, contrary to previous misconceptions, lateritic terrain is not an unfavourable environment for exploration geochemistry. This is demonstrated by the results for the Koma Bangou area, where soil and termite-mound geochemistry have been successfully used in the search for gold. Soil provides an effective sampling medium where it is shallower than about 2 m; there is evidence that some soil anomalies are enhanced by the presence of secondary (botryoidal) gold. In areas of thicker, allochthonous soil cover, termite-mound sampling is more effective. At Koma Bangou an identified resource of some 11 100 000 tonnes with an average gold grade of 2.44 g/t has been reported. The gold mineralisation occurs in quartz veins and stockworks aand in the wallrocks of shear and fault zones that trend N, NW and NE. The host rocks are a granodiorite-syenite porphyry and intermediate metavolcanic rocks and tuffs

Apr 1, 1996

By J. H. Crocket, J. Andy Fyon

"All gold deposits within the Tisdale Group are spatially associated with carbonate alteration zones; however, not all carbonate alteration zones are host to gold mineralization.Within the komatiitic and magnesium tholeiitic volcanic rocks at the base of the Tisdale Group, discordant and stratabound carbonate alteration zones occur throughout. The alteration zones consist of a ferroan dolomite - quartz inner assemblage which is enveloped by calcite-quartz and an outer chlorite-rich subzone. Factors which control the distribution of carbonate alteration include joint systems, flow contacts, synvolcanic faults and bulk composition of the host rock.Two environments of carbonate alteration can be recognized: 1) The subsea-floor alteration zones developed within the volcanic rock succession where hydrothermal fluids did not discharge directly onto the sea floor. Insignificant gold production has come from this alteration environment. 2) Seafloor zones, which represent points of hydrothermal fluid discharge into the hydrosphere, are spatially associated with felsic volcanic rock complexes and are host to syngenetic, auriferous cherty dolomite.Carbonatized, magnesium tholeiitic basalts, which are host to the auriferous, cherty dolomite, are enriched in antimony (>0.35 ppm), boron (>30 ppm), gold (>5 ppb) and lithium (> 35 ppm), but are depleted in copper ( < 70 ppm), with respect to carbonatized basalts not associated with gold. Orerelated, altered komatiitic flows can be screened using gold (>5 ppb), lead(> 10 ppm), arsenic(> 70 ppm) and antimony (>1 ppm).The habit, petrographic characteristics and certain geochemical characteristics of the altered volcanic rocks suggest that the hydrothermal fluid was of sea-water origin."

Jan 1, 1982

By G. R. Cope, J. S. Getsinger, K. D. Lund, T. Neale

"Mineral exploration in the Sicker Group, a belt of Paleozoic volcano-sedimentary rocks on Vancouver Island, has traditionally centred on auriferous polymetallic volcanogenic massive sulphide deposits such as those currently mined by Westmin Resources Ltd. near Buttle Lake. Recently, however, the focus of exploration in the Sicker Group has shifted toward targets of structurally controlled gold concentrations, with notable success. Major north and northwesterly-trending structural features such as the Cowichan-Horne Lake break (one of several regional high-angle thrust fault s active throughout a long period of geological time) and related fault systems have contributed to localization of gold mineralization.Using the extensive information database compiled by MPH Consulting Limited during numerous exploration projects in the Sicker Group, two cross sections through areas with significant gold occurrences southeast of Port Alberni are presented. The cross sections combine geological, geochemical and geophysical data in an attempt to emphasize the relationship between structural trends and gold mineralization. Examples from specific properties, including gold discoveries along the Mineral Creek fault zone, are used to illustrate this relationship."

Jan 1, 1990

By Fridrik J. Kristjansson, Stephen R. Hicock

"Three varieties of till are recognized in the Beardmore-Geraldton area: local lodgement till, nonlocal carbonate till, and local supraglacial till. The local lodgement till unit is examined in detail for the first time in this paper. It is the best potential overburden exploration medium for gold and other metals because its particles were locally-derived and deposited subglacially, probably within a few kilometres downglacier (southwestward) from their sources, and have not been diluted by distantly-derived glacialdebris. Both local tills are richer in gold and other metals, relative to nonlocal carbonate till. Local lodgement till rests on bedrock and was encountered frequently at or near the surface in thin drift/bedrock terrain (a widespread terrain type within the west half of the study area), and commonly at the base of boreholes in thick till terrain.INTRODUCTIONDrift prospecting in areas of glaciated terrain has been well documented (in a variety of journal publications and symposium volumes; e.g . Strobel and Faure 1987; MacDonald and Mills 1988) and has proven valuable especially where overburden thicknesses hinder traditional exploration techniques. Drift prospecting techniques may well prove valuable in the Beardmore Geraldton area. This applies especially to the Wildgoose Lake Turkey Lake area where a thick and laterally extensive sheet of nonlocal carbonate till has impeded conventional mineral exploration programs (Fig. I; note the lack of gold occurrences around Wildgoose Lake).Till in .particular has been cited as the best prospecting medium among the various types of glacial sediment (e.g. Shilts 1984). Three end member till varieties are recognized in the study area: (I) local lodgement till which rests directly on bedrock; (2) non local carbonate till; and (3) local supraglacial till which occurs predominatly within, or just downglacier of, upland areas where it commonly mantles the other till varieties. Previous authors have documented how the non local carbonate till hinders gold exploration (Geddes and Kristjansson 1986; Karrow and Geddes 1987; Kristjansson 1986; Hicock 1986, 1987a, b, 1988; Kristjansson and Thorieifson 1987; Thorleifson and Kristjansson 1987, 1988a, b) and why the local supraglacial till may be a good unit for prospecting (Hicock 1986). One detailed surficial geology map sheet of the area has been published (Kristjansson et al., 1988) and others are in preparation. Closs and Sado (1981) reported on the geochemistry of soils and glacial sediments in the west half of the study area. This paper documents the local lodgement till unit and demonstrates why it is the best overburden unit to use for drift prospecting."

Jan 1, 1989

By Zhaohui Xie, Bin Xu, Qian Li, Yongbin Yang, Tao Jiang

A high carbon low-grade gold ore, in which gold mainly occurs in carbonaceous matters, is a typical refractory gold ore whose conventional cyanide leaching extraction is only 12.9 %. In this paper, by the process of flotation-roasting-leaching, gold was effectively enriched and extracted. The flotation results showed that the enrichment ratio of gold was relevant to that of carbon, indicating that gold occurred in close association with carbon. A concentrate containing gold 7.26 g/t and carbon 12.37 % was obtained, with gold recovery 83.10 % and carbon recovery 90.24 %. Subsequently, the roasting of flotation concentrate favorably made the removal rates of carbon and sulfur reach 99.81% and 98.79%, respectively. After roasting, the gold in the roasted product was further enriched to 29.70 g/t and the optimal gold cyanide leaching extraction reached 93.66%.

Jan 1, 2015

By J. R. Parga T., P. J. Valenzuela G., L. S. Quiroz C., P. Guerrero G., J. L. Valenzuela G.

"Pressure oxidation is a hydrometallurgical pre-treatment process used for refractory auriferous sulfide ores. In the work reported here, a refractory pyrite ore sample from the Mulatos mine, Sonora, Mexico was characterized. The sample was subjected to atmospheric cyanidation, and simultaneous pressure oxidation and cyanidation under different conditions of temperature and pressure. The mineral characterization showed that pyrite is the main species in the sample. The gold extraction tests were carried out in an 1-litre Parr pressure vessel at a temperature range of 90-120 °C, a pressure range of 87.5–150 psi (using oxygen), and a cyanide concentration range of 0.8-1.2 %wt. The gold extraction results showed that diffusion through product layer is the rate controlling step.INTRODUCTIONIn hydrometallurgical precious metals extraction, the most commonly used process is sodium cyanide leaching, as shown in the next reactions involving gold and silver (Fleming, 1992; Marsden & House, 2006):4Au(s) + 8CN- (aq) + 2H2O(l) + O2(g) ? 4Au(CN)2 -(aq) + 4OH- (aq) (1)4Ag(s) + 8CN- (aq) + 2H2O(l) + O2(g) ? 4Ag(CN)2 (aq) + 4OH- (aq) (2)“Refractory” auriferous ores or concentrates often contain gold and silver locked inside other sulfide phases such as pyrite. This renders cyanidation ineffective, so oxidative pre-treatments are used in order to convert the sulfide minerals into porous oxide minerals and make cyanidation work more efficiently. Reaction (3) shows the oxidation of pyrite in alkaline media and the formation of the porous oxide (Koslides & Ciminelli, 1992):2FeS2 (s) + 15/2 O2 (g) + 8H- (aq) ? Fe2O3 (s) + 4SO4 2- (aq) +4H2O(l) (3)A process of simultaneous chemical pressure oxidation and cyanide leaching for a flotation concentrate produced in the mine of Bacís, Durango, in Mexico, gave good results (Parga et al., 2007). In the study presented here, it was intended to use this treatment for a refractory pyrite mineral from the Mulatos mine in Sahuaripa, Sonora, Mexico, modifying variables such as pressure, temperature and cyanide concentration to find the best conditions for oxidation and leaching."

Jan 1, 2012

By Martín Antonio Encinas‐Romero, Patricia Guerrero‐Germán, Jesús Leobardo Valenzuela‐García, José R. Parga‐Torres, María A. Bracamontes‐Landavazo, Agustín Gómez‐Alvarez

A study was carried out to process a sulfide mineral concentrate from Norwest of Mexico containing 97 g/t Au, 0.15% Cu, and 15% Fe. An oxidative acid pretreatment was investigated using ferric sulfate as oxidant, followed by leaching of gold with sodium cyanide. Scanning electron microscopy, SEM-EDS, and X-ray diffraction, XRD, the analysis confirms the presence of quartz and pyrite species. First, a leaching was carried out without pretreatment, at ambient conditions, T = 25 °C and P = 1 atm, obtaining only a 45.2% gold extraction. Once the presence of Fe and Cu sulfides had been confirmed, the Eh-pH diagrams were constructed for the Fe-S-H2O and Cu-S-H2O systems, where it is appreciated that pyrite and chalcocite can dissolve with high oxidation potentials and forming sulfur, oxidizing to sulfate at highly acidic conditions. The oxidized concentrate was neutralized and adjusted to pH > 10.5; it was leached at ambient conditions, at different particle sizes, 44, 37, and 26.5μm, achieving an Au extraction of 75% using a concentration of 0.5% NaCN, 26.5μm particle size, 20% solids, and P = 1atm. Then the oxidized material was subjected to different temperatures, 25, 50, and 70 °C, under the same conditions and obtaining Au extractions up to 92% at 70°C. Additionally, the leaching process was compared using an autoclave reactor at moderate pressures, obtaining an increase in the extraction of Au up to 98% in 2 h, at T = 70 °C and P = 0.62 MPa.

Jan 23, 2022

By D. M. Wyslouzil

"Micron or sub-micron size gold inclusions in sulphide minerals cannot be extracted by conventional cyanidation. The gold surfaces must first be exposed by decomposition of the sulphides. As an alternative to roasting, pressure oxidation was found to be a most satisfactory method to decompose the sulphides and expose the gold particles. For cyanidation the pressure oxidation pulp has to be neutralized and stabilized with lime. It was found that thiourea can extract the gold directly from the pressure oxidation pulp without pH adjustment and oxidant addition. The main obstacles against the common use of thiourea are circumvented by a recently described control method of the emf during leaching.INTRODUCTION Amalgamation and cyanidation are the most conventional processes for gold extraction. The prerequisite for gold extraction is the possibility of gold surface to be contacted by mercury or by the cyanide solution. Encapsulated gold has little chance of contact and this leads to poor extractions.The reasons why a gold ore may be refractory are: micron or sub-micron size gold particles included in the sulphide minerals, such as pyrite and arsenopyrite; presence of and association with antimony, arsenic, tellurium and carbonaceous minerals. Some alternative processes, such as double oxidation(1,2), pretreatment with lime , H202, chlorine and Caro's acid, roasting and thiourea leach, have solved some of the problems of ""refractory"", but the sub-micron gold in sulphide minerals still shows little response. Roasting and the cyanidation of the calcine was one of the most successful approaches for this type of gold ore.There are two disadvantages to the roasting process: (1) the generation of sulphur, arsenic, antimony and mercury containing gases is undesirable and the control is extremely expensive; (2) gold particles might be fused in the roasted product and the oxidized base metals in the calcine might reduce the cyanidation efficiency. In recent years the pressure oxidation process has been considered as one of the more effective and satisfactory methods to decompose the sulphide minerals and expose the gold surface to the cyanide leach solution. The pollution problem could be better controlled and the gold extraction is more amenable."

Jan 1, 1985

By B. Dubreuil, J. -M. Lalancette, D. Lemieux, C. Chouinard

The extraction of gold and silver has been examined via the use of mixed halogens: chlorine and bromine. The reaction was performed in a brine of sodium chloride with a small amount of sodium bromide at 40-50°C, in an atmosphere of chlorine, at atmospheric pressure. The process takes advantage of the very high reactivity of bromine towards gold, while the higher oxidation capacity of chlorine leads to gold chloride as end product with recycling of bromine. Fast reaction rates are observed along with gold recovery at the level of 95%. Chlorine-consuming common elements are removed prior to chlorination.

Jan 1, 2011

By R. Graeme, J. Komadina

Gold Fields acquired an option to purchase the Cerro Corona Project, located in Hualgayoc, Cajamarca Department, Perú, in December 2003. In January 2006, the option was taken up and the transaction closed. During the intervening months, Project development occurred against the backdrop of a Presidential election, increasing national social activism and environmental regulation, rapidly escalating operating and capital costs, as well as unprecedented demand for engineering and technical skills. Project “Lessons Learned” are outlined and discussed in the context of an evolving strategy.

Jan 1, 2007

The Ortiz Mountain property is located approximately 40 km (25 miles) southeast of Santa Fe and 13 km (8 miles) from the village of Cerrillos. The property embodies a Spanish mineral grant from which Gold Fields acquired about 2, 200 hectares (900 acres of surface and mineral rights. Following a period of exploration, metallurgical testing and development of a feasibility study in 1974, the decision was made, because of the higher gold price in the fall of 1978, to place the property into production. the gold is confined in a quartzite breccia; it is an unusual occurrence because the gold in this host rock is leachable at minus 19 mm (3/4 in. ). Total ore reserves are estimated at approximately 3.6 million mt (4 million st) averaging 1.89 g per mt (0.055 oz per st) based on a cut-off of 0.7 g (0.02 oz). The ore will be recovered by open pit mining at a stripping ratio of 1. 2:l. Production is scheduled for 13,600 mt (15,000 st) of ore per week or approximately 680,000 mt (750,000 st) per year. Primary crushing of pit-run material is by a 1,070 by 1,015 mm (42 in. by 40 in.) jaw crusher. Crushed ore is conveyed to stockpile and then to a 2.13 m (7 ft) standard crusher with the screened over- size crushed in a 1.5 m (5 ft) tertiary cone crusher. The screen undersize, the final product for leaching, is minus 19 mm (3/4 in. ). A 1, 360 kg (3,000 lb) sample is cut from the crushed ore stream, further crushed in a small jaw crusher and then sampled in two more stages by Vezin samplers to produce a final 13.6 kg (30 lb) sample for assaying. Pebble lime is then added to the ore on the belt as it is sent to the conveyor gantry spanning the leach pads. A tripper on this moving gantry stacks the leach ore without compaction. The entire crushing plant and conveying system is of open-air construction. Leach pads have a total length of 515 m by 60 m (1,700 ft by 200 ft) wide with usable dimensions of 490 m by 58 m (1,600 ft by 190 ft). The directional length slope is 3. 870 with 370 on the width. The pad is constructed of 175 mm (7 in. ) thick asphalt containing a rubberized asphalt membrane. It is divided by a 300 mm (1 ft) high curb into eight segments. Each segment is loaded with 13,600 mt (15,000 st) of ore, which is one week&apos;s production. Optimum working height of a pad is considered to be 3. 0 m (10 ft) with a maximum height of 4. 0 m (14 ft).

Jan 1, 1981