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By H. K. Birnbaum, H. B. Aaron

he authors suggest that a number of the types of yield phenomena which have been observed in high-purity fcc metals are due to dislocation interactions bccurring at the surface of the crystals rather than due to volume effects. Since rather different inter-pretationS2,7,12,14,15,21-23 of these effects have been suggested, it is of some importance to ascertain the role of the surface in these yield phenomena. It should be first noted that the high-purity fcc metals appear to exhibit several distinct types of yield phenomena. The "unloading yield point" which is observed on reloading the specimen after removing the applied load has been found to be independent of the time of holding in the unloaded condition. If however the specimen is aged while under load and re-tested without removing the load, a yield point is observed which does depend on the aging time and tem-perature. Feng and Kramer suggest that the removal of the unloading yield point on removing sufficient material from the surface of the specimen indicates that the effect is associated with dislocation interactions at the specimen surface. Their observations are counter to those of Haasen and Kelly5 and Birnbaum.12 Since the unloading yield points are extremely small (-2 pct of the flow stress) the results of the surface removal will depend on whether the material is removed uniformly over the gage length. The introduction of small etch pits or the removal of more material from one portion of the specimen than from another will result in preferential yielding and obliteration of the yield point. With the normal electropolishing techniques it would be difficult to avoid these effects. The data obtained by Aaron and Birnbaum, Fig. 10, on aluminum polycrystalline specimens indicate that, although the unloading yield point and the strain-aging yield point are not simply additive, a time- and temperature-dependent yield point is observed under conditions where no creep is observed. This does not agree with the results of Feng and Kramer but does agree with the results on copper15 and gold.7~23 The source of the discrepancy may be the procedure used by Feng and Kramer to correct their time-dependent yield points for the effect of creep. Since the strain-aging yield point is not independent of the pre-aging strain rate, Fig. 11, the effects of creep cannot

Jan 1, 1967

By J. C. Loretto

"OPENING REMARKS Yesterday and today we have heard some very interesting papers on operating matters and some of you are probably wondering what we are now doing talking about Communications in Plant Design. Let me tell you! Before the techniques we have heard being discussed can be used, there has to be a properly operating plant. It is certainly a fact that many mineral processing plants achieve only limited success and a number of them can even be said to be failures. Some of you sitting here are probably living with operating problems that are clue to errors in the design.If the histories of these problem plants are examined, it will be found that in many cases, the necessary skills were available during the period of the plant design. There was extensive operating know¬ledge together with a full range of project expertise. Why then the failures? In a substantial number of cases it can be traced to the old, old problem of communications. As plants get bigger, money costs more and smooth startups become more important, it becomes less and less economic to fix up any design errors during plant operations.During our careers in mineral processing, nearly all of us will be involved in at least one plant design and I feel that it is as well if we understand some of these communication difficulties that can lead to a problem plant. There is little point in us being experts in mineral processing if the knowledge we have acquired doesn't somehow get incorporated into the plant.I would, therefore, like to present this short paper that mentions a few of the significant communication problems that can occur during the design of mining and mineral processing plants, together with some thoughts on answers to these problems."

Jan 1, 1973

By Charles Will Wright

The present struggle for economic and industrial supremacy by the Communist world is against the United States, its main target, and the other Free World nations. The basis of industrial power is minerals, so the Communist nations are building up mineral production within their borders, often regardless of costs, and are acquiring quantities of mineral products from Free World countries for future use. They are contracting for additional supplies and advancing funds for the development of these quantities. A number of the less developed mineral producing countries of the Free World are being infiltrated by Communists and Communistic influence. This situation is well known, but as yet little has been done to oppose these activities or to awaken the public to their seriousness. The Communist countries are still far behind the Free World Nations in production of many essential minerals. But, shortages are being made up from Free World nations in exchange for petroleum, manganese ore, chromite and other products. Restrictions on shipments of strategic materials to Communist countries have not been maintained.

Jan 1, 1964

By Ben Bradshaw

Context ? Community engagement has become an increasingly significant and challenging part of mineral exploration and mine development; indeed, opposition from communities proximate to a proposed mine site has been known to derail technologically- and financially-sound projects. ? These cases suggest that mining firms need to better understand how to engage constructively with local communities in the pursuit of their claims. ? While a range of publications exist promoting various community engagement strategies, these recommendations, when viewed as a whole, are disjointed and largely untested in real development contexts. Aims of Presentation 1. Synthesize industry, NGO, government and academic publications focused on community engagement best practice in order to highlight those practices that are most commonly recommended. 2. Review the (Canadian) mining industry?s experience with some of these strategies based on existing case material in order to identify the extent to which commonly prescribed strategies are used and validated in practice.

May 1, 2010

By Mark Liskowich

When is it the proper time to initiate engagement with various stakeholders, including Indigenous communities? This paper will demonstrate what stage of a project’s evolution is the appropriate time to initiate a stakeholder engagement plan. It will look at aspects to consider when identifying the communities to involve. It will describe the contents of a Stakeholder Engagement Management Plan as well and touch on how tried and true options analyses, such as a Multiple Accounts Analysis can be used to inform the results of the engagement, guide the development of your project and clearly document the engagement process. It will illustrate the benefits of initiating engagement at the appropriate point in your project’s schedule, and the limitations of doing so too early and at later stages of the project engineering. The benefits of this approach can be realized within any legislative Jurisdiction including the Canadian Environmental Assessment Act 2012 and Canada’s new Impact Assessment Act.

Jan 1, 2020

By M Scoble, A Ostry, J Shandro

Mining companies are not ill-informed on the topic of community health. There have been a number of research studies that have illuminated community health issues associated with mining, especially in the western Canadian province of British Columbia. However, what is missing amongst the literature is the perspective of mine managers and mining executives on this topic. This is important as mine managers and executives face a number of issues related to community health and are under pressure to consider the topic in more detail. This paper presents results from an exploratory qualitative investigation based on grounded theory research techniques into current community health considerations from the perspectives of mine executives and mine managers working in Western Canada. Interviews were conducted between February and May 2012 with 11 mining versus ten mining executives and managers who represented operating mines or mining umbrella organisations in Western Canada. Participants report on general community health issues that are perceived to be important, the perceived role that the mining sector should play?in contributing to community health and how this differs in Western Canada as compared to locations abroad, and?risks companyÆs face in making community health contributions. This paper concludes by drawing attention to pressing health needs that are present in Northern, rural and Aboriginal populations in Western Canada and provides a platform for future research initiatives focused on improving the health and well-being of communities associated with the mining industry. CITATION:Shandro, J, Scoble, M and Ostry, A, 2012. Community health considerations from mining executives and managers in western Canada, in Proceedings International Mine Management 2012, pp 97-104 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 20, 2012

By S. E. Cook

This article uses the case of the Royal Bafokeng Nation to argue that royalties and dividends from mineral resources, if managed well, can provide direct benefits to the surrounding community even while the state collects its share of mining revenues through taxation. The key to this model is the effective management of the resource income flowing into community coffers. Where some of this income may fund urgent interventions in the community, a portion of the income can also be used to establish an intergenerational wealth fund to meet the needs of future generations. As a depleting resource, minerals like gold and platinum are not a sustainable source of income, and must be replaced over time by more regenerative income streams. These strategies and dynamics are manifest in the Royal Bafokeng Nation?s status as both community and quasi-municipality, a labour hosting and a labour sending community, a mine operator and a mine owner. The Royal Bafokeng Nation also owns one of South Africa?s largest community-based investment companies, which channels revenue derived from platinum deposits into a broad investment portfolio that in turn funds an aggressive social development program for 150,000 people living in twenty-nine rural villages.

Jan 1, 2013

By L. Wilson, M. Kotzel, T. Pienaar

An empirical equation is presented for the maximum airblast from unconfined charges. This has been tested at a number of sites and with charges ranging from 0.1kg to 311kg. The equation is developed to predict community response to potential explosive test range sites and the testing has added to our knowledge of the effectiveness of mitigating measures. The first site had 10m to 15m high walls that were intended to ameliorate the airblast. These walls functioned to a limited extent and reduced the airblast levels by 2dB to 5dB. The airblast was affected somewhat by topography. Noise levels at the nearest residences exceeded 130dB for charges larger than 1kg, whereas the vibration levels were very small. Formal complaints were received where the airblast level exceeded 128dB as per conventional expectations. Pedestrians and pets in the suburbs were startled by the blasts, emphasizing that the community response is much more sensitive to noise and airblast than vibration levels. The maximum airblast levels were too high for this site to be used on a regular basis. At another site, the airblast levels were significantly increased downwind by up to 10dB due to a moderate wind. A third site, at a quarry, produced unconfined airblast levels beneath the derived limits, but are much higher than the normal quarry blasting. By involving community forums there were no complaints, possibly due to desensitization by the normal blasting activities. The study has highlighted new areas for research in understanding the effect of noise, air blast and vibration on the low cost and informal housing typical in South Africa

Jan 1, 2011

By Sarah Wilson, John Kaplin

Plans are underway to extend commuter rail service underground into downtown San Francisco. The Salesforce Transit Center (STC) was completed in 2018 and will serve as a new transit hub, including a commuter rail station after two future connecting tunnel segments are completed. The northern segment, known as the Caltrain Downtown Extension (DTX), which will extend the rail line from its current terminus at 4th and King Streets to the STC, is currently in Preliminary Engineering. The southern segment, the subject of this paper, is a 1.6-mile tunnel known as the Pennsylvania Avenue Extension (PAX), which is currently in the pre-environmental planning stage, with alternative alignments under evaluation including single bore versus twin bore options. This paper discusses project challenges, including highly variable tunneling conditions in soil and rock, a congested urban project site with limited space for construction staging, alignment crossings of large existing buried infrastructure, and complicated interfaces with future and existing rail operations.

Dec 1, 2022

By J. C. White

"During the early development of the Mattabi Mine in 1970, discussions with the Ontario Government revealed their policy of prohibiting, as much as possible, the development of new, isolated, single-industry townsites. Subsequently, Mattabi located its first housing in the Township of Ignace, which is situated 50 miles from the site of the mine and plant. Over 200 employees now commute 100 miles daily to and from work.This paper describes the experience gained and discusses the advantages and disadvantages of a remote townsite."

Jan 1, 1976

By Ludmila Vieira da Silva Matos

O presente artigo investigou como a condição de operação das zonas de resfriamento em máquina de lingotamento de placas contribui para o desempenho de lanças air mist. Tal investigação foi realizada no laboratório da Spraying Systems Brasil a partir das premissas de projeto de uma nova máquina de lingotamento e um novo conceito de lança air mist: menor consumo de ar comprimido, amplo turndown e qualidade de cobertura por toda a curva de operação do resfriamento. As curvas de performance foram montadas para diferentes condições de utilização de ar comprimido: de 1,5 a 4,5bar de pressão constante. Cada lança teve das vazões mínimas às máximas de água ensaiadas. A qualidade do perfil do jato produzido foi verificada para cada ponto das curvas obtidas, em mesa de distribuição no laboratório da Spraying Systems. Com as imagens em mãos, foi possível selecionar aquelas condições de vazão de água e pressão de ar comprimido com melhores perfis de jato e cobertura. Como resultado, a fabricante da máquina pode validar e/ou modificar a curva de trabalho de resfriamento da máquina e garantir as melhores condições do perfil do jato e uniformidade de resfriamento.

Oct 1, 2019

By Ricardo Tadeu Meneses Sodré

Principalmente após a crise mundial de 2008, as grandes empresas brasileiras focaram na redução de custo como fator de sobrevivência, buscando manter, em contrapartida a produtividade e qualidade dos produtos. As normas brasileiras ABNT NBR ISO 55000/1/2, combinam atividades sistemáticas, coordenadas e práticas pelas quais uma organização gerencia de forma organizada e sustentável seus ativos tangíveis e intangíveis e sistemas, seu desempenho, bem como seus riscos e custos associados. A norma trata do ciclo completo do ativo, desde a concepção até o seu descarte. A implantação de uma norma deste porte requer compromisso de toda organização, principalmente da alta direção, no intuito de correlacionar os objetivos do negócio com as atividades de manutenção. O ponto principal é entender que a Manutenção é parte de um ciclo mais amplo que trata de todo o ciclo de vida do ativo, logo a Manutenção está contida dentro da Gestão de Ativos. O trabalho visa mostrar de maneira prática como a ArcelorMittal Tubarão está se estruturando para uma implantação futura da ABNT NBR ISO 5500X. Tal estruturação engloba atividades estratégicas, táticas e operacionais de alto nível visando à elevação da maturidade em Gestão de Ativos.

Aug 7, 2018

By Samuel Canchaya

Los paquetes medianos y grandes de software a minería contienen en sus módulos de estimación de reservas alguna forma de análisis variográfico geoestadístico. En esa perspectiva, el presente trabajo señala la optimización de métodos tradicionales utilizados en dicha estimación a través de los conceptos y parámetros de la caracterización variográfica y estadística psra así minimizar las limitaciones de los métodos tradicionales.

May 25, 1998

By Sergio Sarmiento

La utilización de los espacios cedidos por las Comunidades Campesinas del entorno de la compañía minera Catalina Huanca y la complicada geografía desarrolllada en estas zonas andinas, generó la búsqueda de métodos de disposición de relaves alternativos y seguros en el desarrollo de sus operaciones mineras. En ese sentido, el presente texto señala la búsqueda de optimización de los relaves y su disposición en proporciones adecuadas para que cumpla con una granulometría adecuada de finos y áridos, de forma que se obtenga una mezcla homogénea que logre una masa de alto grado de cohesión al ser compactados y así minimizar los impactos de los relaves en el medio ambiente.

Oct 21, 2015

By H. Z. Kuyumcu

Coking of coal blends using high volatile coals with poor coking abilities to produce a high quality coke for blast furnace application can be achieved by compacting the coal blend prior to the carbonization process. Here densification up to a relative material density of 80 %, i.e. a compact density around 1100 kg/m3, has proven to be advantageous. Coal is compacted by stamping, if the so-called stamp charging process applied. Compacting of the coal by pressing is practised in case of the cokemaking with so-called heat-recovery ovens. Stamped and pressed coal cakes require over the cake volume uniform high density and mechanical stability. Besides the aspects of the coal selection, the efficiency of the process is mainly determined by the operating parameters compacting time and compacting energy for coal cake making. At the Department for Mechanical Process Engineering & Solids Processing of the Technical University Berlin the two sub-processes of densification and strengthening during stamping and during pressing are theoretically and experimentally investigated using specially developed lab-scale compacting test units and a strength test device. Describing cake density in terms of coal properties for a given coal and measured compacting energy input then leads to a compacting equation with the so-called Stampability as the integral model parameter for the stamping process. For the pressing process the cake density can be calculated with the measured compacting pressure and the Compressibility factor, respectively. Investigations were carried out to provide evidence of a significant influence of coal type, coal surface moisture, coal granulometric and mechanical properties on the densification process. The overall objective of the work is to establish a comprehensive mathematical model on the compacting behavior of large coal bulk quantities and the optimization of the compacting processes by stamping and by pressing. Keywords: coal compacting, agglomeration, stamping, pressing, cokemaking

Sep 1, 2012

By E. P. Fahrenthold, K. E. Gray

Introduction Brine reservoirs along the Texas and Louisiana Gulf coasts are currently under study to investigate the technical and economic viability of production wells designed to extract methane gas in solution. The effect of well pressure drawdown on reservoir rock and associated overburden material is important to well performance predictions and the analysis of potential subsidence problems. Consequently a series of compaction tests have been conducted on sandstone and shale cored from a test well drilled near Hitchcock, Texas, in order to determine the variation of mechanical properties to be expected over the producing life of the formation. Previous Work The referenced tests are part of an extended study of geopressured-geothermal reservoir behavior, including compaction (Jogi, Gray, Ashman, and Thompson, 1981 and Jogi, Kalra, Gray, and Thompson, 1981) and creep (Thompson, Jogi, Gray, and Richardson, 1981) tests of reservoir rock and related reservoir performance studies (Rago, Okhuma, Seperhnoori, and Thompson, 1985). Recent work has considered the nonlinear constitutive behavior of sandstone (Fahrenthold and Gray, 1985 and 19861, while additional experimental work is reported here. Geological structure and composition of the Hitchcock field from which the core samples were obtained is discussed by Light (1985). Experimental Procedure Compaction tests were conducted on cylindrical cores, nominally 2.75 inches in length and 2 inches in diameter, with independent control of the axial, confining, and pore pressures. Axial and radial deformation of the samples were measured in tests over a range of effective stress states expected to develop over the reservoir lifetime. The term effective stress as used here refers to the algebraic difference of the total stress and pore pressure, with compression taken as positive. Three types of compaction tests were conducted on the sandstone. In the uniaxial tests, axial total stress and radial strain were held constant as the pore pressure was reduced, similating one dimensional compaction which may occur during reservoir depletion. In the triaxial tests, radial total stress and pore pressure were held constant as the axial total stress was increased, duplicating conventional rock compaction test procedures. In the pore pressure drawdown tests, axial and radial total stresses were held constant while the pore pressure was reduced, in order to investigate differences in sample response to mechanical and pore pressure loading. Compaction tests were also conducted on shale material obtained from the reservoir overburden. The field coring process provided few consolidated shale sections sufficiently large to allow preparation of samples with the dimensions described above. With additional attrition during sample preparation of this brittle material, ultimate yield of the coring effort was limited. The few available samples were tested in uniaxial and triaxial tests similar to those described above. The use of displacement transducers to measure sample deformation avoided the difficulty of strain gauge installation on this material. Test Results The sandstone and shale both demonstrated nonlinear stress-strain behavior, with hysteresis and residual strain present upon unloading. Polynomial interpolation of the stress-strain curves was used in the calculation of incremental values for the loading and unloading moduli. Figures 1 and 2 show example axial effective stress-axial strain curves for triaxial tests conducted on sandstone and shale samples. The figures plot incremental stress and strain variables, defined as deviations from the state of prestress to which the sample was subjected. The state of prestress was varied between tests in order to investigate material behavior over the entire stress and strain space of interest. Tables 1 and 2 give the incremental moduli (Young's modulus and Poisson's ratio) as a

Jan 1, 1986

By G. Coetzer

"Prior to operating a non-recovery coke pilot plant, it was critical to ascertain coal cake stability during the loading of a 1 m3 coal cake into the oven. Various compaction parameters were verified and established on a small laboratory-scale compaction machine to obtain a coal cake of acceptable stability. These parameters include cake density, cake surface moisture, transverse strength (force applied perpendicular to the original compacted coal cake layers), and applied force to the coal cake. This work determined the behavioural characteristics of the coal while being compacted either with a full-sized or a 1/3-sized compaction plate in a 9 kg capacity mould. Two different coals were evaluated, namely Waterberg semi-soft coking coal (sscc) and Oaky North hard coking coal.The target wet cake density of 1 100 kg/m3 (79% of 1 400 kg/m3 relative density) was achieved for Waterberg sscc, with a particle size d50 varying between 0.6 mm and 1 mm, utilizing the 1/3-sized compaction plate in the laboratory-scale set-up, with 11.6% surface moisture and 92.2 t/m2 commercial equivalent applied force. For Oaky North hard coking coal, a wet cake density of 1 189 kg/m3 (85% of 1 400 kg/m3 relative density) was achieved at a surface moisture content of 12.3% and at a lower applied force than that for Waterberg sscc, i.e. 78.5 t/m2.Coal cakes of acceptable strength, and therefore sufficient stability for further processing, were obtained for all materials evaluated during this study.Further studies should be conducted to determine the effect of zeta potential during the compaction of coals.IntroductionExxaro Resources has successfully installed and commissioned a world-class stamp-charging horizontal 1 t electrically-heated pilot-scale coke oven at its Metallurgy Services facility. Prior to operating the coke non-recovery pilot plant, it is essential to ascertain coal cake stability during the loading of a 1 m3 coal cake into the oven. The design of Exxaro’s pilot plant is such that the coal cake is pushed inside the oven by means of a pusher plate, rather than through a ‘spoon’ feed mechanism, such as is found in industrial horizontal coke ovens. The pusher plate loading mechanism dictates that the coal cake should possess high stability and inherent strength during loading into the oven, owing to frictional forces exerted by the oven floor. In order to obtain a coal cake of acceptable stability, various compaction parameters needed to be verified and established on a small laboratory-scale compaction machine."

Apr 1, 2019

By G. Coetzer

"Prior to operating a non-recovery coke pilot plant oven, it was essential to ascertain coal cake stability during the loading of a 1 m3 (1 m × 1 m × 1 m) coal cake into the cold pilot-plant oven by a pusher mechanism. Previously established laboratory-scale compaction parameters, to obtain coal cakes with sufficient stability, were employed during the loading tests of the coal cakes. Two different coals were evaluated, namely Waterberg semi-soft coking coal (sscc) and Oaky North hard coking coal.It was demonstrated that lower applied compaction forces (14%) can be utilized during 1 m3 compaction, in comparison to laboratory-scale tests, to obtain similar wet cake densities, owing to differences in the effect of frictional forces. Wet cake densities for Waterberg sscc improved slightly (3%) to 1.13 t/m3 when utilizing 79 t/m2 applied force for a 1 m3 coal cake, in comparison to laboratory-scale tests. Similar results were obtained for Oaky North hard coking coal, with a 6% density increase to 1.27 t/m3 at a similar applied force. Porosities decreased by 13% and 32% for Waterberg sscc and Oaky North coal, respectively, when 1 m3 compaction was compared to laboratory-scale tests. An opportunity exists to further decrease the porosities of Waterberg sscc during compaction, whereas acceptable compaction parameters were achieved for Oaky North hard coking coal. Most major vertical cracks and the partial collapse of coal cakes were mitigated, and high-stability coal cakes were obtained that could be successfully loaded into the pilot-plant coke oven by a pusher mechanism.Factors contributing to the instability of the coal cake during loading into the oven, such as vertical cracks, are (i) the cubic geometry (1 m3) of the coal cake, (ii) friction exerted by the oven floor, and (iii) mechanical problems, such as a misalignment between the pusher machine feeder plate and the oven floor. IntroductionOperation of the stamp-charging horizontal 1 t electrically heated coke pilot-plant oven at Exxaro Resources requires coal cake stability during the loading of a 1 m3 compacted coal cake into the oven. In this case, a pusher plate is utilized to push the coal cake into the oven over the oven floor. This is in contrast to a ‘spoon’ or bottom plate feeding mechanism as found in industrial horizontal coke ovens. The pusher plate loading mechanism dictates that the coal cake should possess high stability and inherent strength owing to frictional forces exerted by the oven floor. In order to obtain a coal cake of acceptable stability for the 1 t coke oven, various compaction parameters need to be verified and established."

Apr 1, 2019

By George M. Filz

Restrained basement walls and unrestrained but massive concrete walls on rock foundations experience very small movements in response to lateral earth pressures. Such walls are often designed using at-rest earth pressures without consideration of either compaction-induced lateral pressures or vertical shear forces resulting from compression of the backfill in response to self-weight. Compaction-induced lateral earth pressures can be detrimental to the integrity and stability of retaining walls. For example, the lock walls at Eisenhower and Snell Locks on the Saint Lawrence Seaway near Massena, New York, were damaged by compaction-induced lateral earth pressures, and an extensive rehabilitation program was necessary to ensure safety of the locks. Vertical shear forces, on the other hand, can be beneficial to stability because the downwards-directed vertical force tends to counteract the overturning moment from lateral earth pressures. The contribution of vertical shear forces is not included in most modern analyses of non-moving walls, but Terzaghi used this effect in his design of a high concrete retaining wall at Fifteen Mile Falls Dam. The lock walls at Eibach Lock on the Main-Donau Canal in Germany were instrumented for both lateral and vertical stresses applied by the backfill to the wall, and the resulting measurements show that vertical shear forces from the backfill were significant and persistent over the multi-year period that the wall was monitored. Other data from pilot-scale retaining walls confirm the existence of both compaction-induced lateral earth pressures and vertical shear forces. These forces should be considered in design of non-moving walls.

Jan 1, 2003

Nautilus Minerals and Neptune Minerals are betting that the next great metals rush will take place more than 1,500 m (5,000 ft) below the sea. Nautilus is the first company to commercially explore the ocean floor for gold and copper seafloor massive sulfide (SMS) deposits. Its main focus is the Solwara 1 Project, a polymetallic copper, gold, zinc, silver deposit that is under 1,600 m (5,200 ft) of water off the coast of Papua New Guinea in the western Pacific Oceans? Rim of Fire. Nautilus Minerals, in a joint venture with Placer Dome (now Barrick Gold), began its exploration of what would become the Solwara 1 area in 2005 with side scan sonar and dredge sampling. The dredge and grab sampling confirmed the grade tenor of earlier sampling by scientific research programs. The 45 dredge samples aver-aged 10.8 percent copper, 3.7 percent zinc, 224 g/t (6.5 oz/st) silver and 13.7 g/t (0.4 oz/st) gold. Nautilus has since staked out more than 300,000 km2 (115,800 sq miles) of tenement licenses and exploration applications in the waters off Papua New Guinea, Fiji, New Zealand, Tonga and the Solomon Islands. That is an area about the same size of the United Kingdom. Interest in Nautilus and its projects has grown tremendously since its inception. The company is now listed on the Toronto Stock Exchange. It has raised more than $300 million and spent more than $23 million on exploration. The company has gained the backing of mining majors such as Teck Cominco, Epion, Anglo American and Barrick Gold. It is positioned to become an emerging producer in 2010. Teck Cominco recently agreed to exercise share purchase warrants to acquire three million additional common shares of Nautilus at a price of US$15 million. This will take Teck Cominco?s shareholding to approximately 7.2 percent of the issued shares. Teck Cominco will conduct and manage a ship-based exploration program that will run in addition to the exploration that was already planned for 2008.

Jan 1, 2008