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By Steve Kral

Globalization was the key word for the mining industry during the 1990s, just as productivity was the key word of the 1980s. And globalization will remain the key word as the industry enters the 21st century, according to speakers at the Colorado MPD Meeting held in Colorado Springs, CO in May. The meeting, put on by the Colorado Section SME Minerals Processing Division, drew about 120 people to the Broadmoor Hotel. “Operating Globally” was the theme of the 49th annual conference. Speakers addressed the reasons why mining companies have limited their spending in the United States and have moved into Third World and developing nations.

Jan 1, 1999

By S. J. Lötter, J. T. Nel, W. Purcell

"SynopsisGlow discharge optical emission spectroscopy (GD-OES) is an analytical technique used in the analysis of solid, conducting materials. Though primarily of interest as a depth profiling technique on samples with varying layers of both conducting and non-conducting materials, it is also capable of rapid bulk analysis of homogenous, solid samples. GD-OES combines the advantages of ICP-OES (wide detection range, speed, and lack of interferences) with the solid sampling of XRF techniques. This allows the analyst to not only quantify the elemental composition of a sample, but to evaluate it in terms of homogeneity with depth, a field in which auger electron spectroscopy (AES) and secondary ion mass spectrometry (SIMS) have traditionally been the primary techniques. Although GD-OES does not replace these useful techniques, it does offer various advantages over them, making it an excellent complementary analytical tool.In GD-OES analysis, a low-pressure glow discharge plasma is generated with the sample material acting as a cathode, accelerating the cations in the plasma towards the sample surface. This bombardment causes the sample material to ‘sputter’, essentially knocking free atoms or molecules of analyte material, which are then drawn into the plasma where they are excited. The light emitted by this excitation is then diffracted to separate the wavelengths emitted by the specific elements and detected by a spectrophotometer. The intensity of the signal is directly proportional to the quantity of analyte element present in the sample, allowing simple calibration and quantitative determination of the elements. Technological improvements made in the past twenty years or so have significantly increased the usefulness of GD-OES for surface analysis. Faster plasma stabilization and start-up allow for the quantification of surface layers as thin as 1 nm. Sputter rates have been accurately measured for many common materials, allowing them to be built into software libraries in the instrument’s control software. This dramatically expands the usefulness of this software and the ease of performing analyses.GD-OES analysis of nuclear materials allows for the rapid determination of the elemental composition without the requirement of initial dissolution. The thickness of any corrosion layers on nuclear materials can also be determined."

Jan 1, 2015

"Use of the Bond Work Index to size industrial grinding equipment was widely known. Bond also described its application for measuring grinding circuit efficiency. Bond Work Index efficiency has been widely used by industry, but until now without concise standard methods, or a formal guideline, for doing so. The Bond Efficiency Sub-Committee of the Industrial Comminution Efficiency work group of GMSG has produced such a guideline, which follows. It covers the methods and provides examples of how to calculate the Bond Work Index Efficiency of most industrial grinding circuits. Bond Work Index testing equipment and methods are also provided. The next steps are: (1) to establish standard reference testing materials and one or more laboratories to serve as bases for reference testing; (2) to establish the accuracy of relative circuit Work Index Efficiency determinations; and (3), to develop and provide a public data base of industrial comminution circuit Bond Work Index Efficiencies. OUTLINE Introduction and Background Part 1. Determining the Bond Efficiency of a Grinding Circuit Method Demonstration/Example Calculations Bond Work Index Testing Equipment and Procedures Accuracy of Comparative Circuit WI Efficiency Determinations (under development) List of Symbols Part 2. Data Base of Bond Grinding Circuit Efficiencies (under development) References Annexes: A1. The Bond Crushing WI Test Equipment and Procedure for Bond Efficiency Determinations (Revised March 26, 2015) B1. The Bond Rod Mill WI Test Equipment and Procedure (Revised March 26, 2015) C1. The Bond Ball Mill WI Test Equipment and Procedure (Revised March 26, 2015) Introduction and Background Please see the references and slide presentation “Bond Efficiency SLC (rev3)-print.pdf.” This efficiency determination applies to most brittle materials in their naturally occurring (un-scalped) size distributions being treated in size reduction circuits down to a product sizing of approximately eighty percent passing 70 µm (see below). Unusually shaped materials (e.g. mica) should be regarded with caution. Part 1. Determining the Bond Efficiency of a Grinding Circuit Method In the plant: • Define the circuit for which the WI efficiency is to be determined • Procure samples of the circuit feed and product • Obtain the power draw of the size reduction equipment at the drive pinion(s) • Obtain the circuit throughput rate (dry tonnage) In the laboratory:"

Jan 1, 2016

By Jay Hilary Kelley

This paper proposes a modification of longwall roof support to meet new difficult mining conditions that are anticipated in the future. A gob canopy is a movable appendage attached on the rear of a longwall shield to counterbalance the troublesome forward downward force couple (FDFC). The gob canopy can be swung in both vertical and horizontal directions, powered by hydraulic cylinders. Several functions and applications are de- scribed

Jan 1, 1997

By J R. Manuel, J M. F Clout

The importance of goethite to Australian iron ore production is steadily increasing as the proportion of goethite-rich, martite-goethite bedded and channel iron deposits increases at the expense of declining production from high-grade microplaty hematite deposits. For this reason, an improved understanding of goethite in iron deposits, its genesis, goethite types and their physical and metallurgical properties is vital to maintaining optimum sintering and blast furnace performance in Asian steel mills.The terminology used to describe goethite in Australian iron deposits is currently highly variable. The discredited mineral name ‘limonite’ is still in widespread use as a field term for goethite and there are many misconceptions concerning goethite chemical grade and downstream physical and metallurgical properties. The goethite classification proposed here is based on geological and physical properties from which three types are recognised including brown goethite, dark brown-black vitreous goethite and highly microporous, friable yellow ochreous goethite.In practice, typical vitreous goethite with highly reflective surfaces and conchoidal fracturing, characteristic of the hard cap zone appears from X-ray fluorescence (XRF) and electron microprobe analysis to be significantly higher in Si (up to 18.7 wt per cent), Al (up to 3.5 wt per cent) and S (up to 0.14 wt per cent) compared to the generally very low (<1 wt per cent for Si and Al) levels of these elements in ochreous goethite and brown goethite. The data dispels the common misconception that friable earthy or yellow ochreous goethite is high in Al and Si and other chemical impurities. However, P was found to be consistently higher (mean of 0.112 wt per cent and up to 0.296 wt per cent) in ochreous goethite than brown goethite (mean of 0.011 wt per cent) or vitreous goethite (mean of 0.031 wt per cent). The highly porous microstructure of ochreous goethite is thought to have a much higher surface area, which may aid in preferential adsorption of P onto the ochreous goethite mineral surface.CITATION:Manuel, J R and Clout, J M F, 2017. Goethite classification, distribution and properties with reference to Australian iron deposits, in Proceedings Iron Ore 2017, pp 567–574 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By Stephen L. Chryssoulis

"""Preg-robbing"" of gold by carbonaceous matter during the cyanidation of certain types of carbonaceous gold ores is well documented. Recent studies established that ""preg-robbing"" of gold is not limited to carbonaceous matter. Gold sorbed on the surface of pyrite grains was detected and quantified by TOF-LIMS (Time of Flight Laser Ionization Mass Spectrometry). Crystallites of pyrite from a number of ores from different geological environments have been shown to have gold on their surface apparently sorbed from the ore forming solutions. Surface gold accounts for significant fractions of the gold head assay. Preg-robbing of gold by pyrite from pregnant cyanide solutions was also documented, and accounts for significant losses to tailings. Preventative measures are discussed.1.0 IntroductionThe detection and subsequent quantification of gold sorbed on the surface of pyrite particulates came about during routine determinations of the deportment of gold employing the comprehensive mineralogical approach (Chryssoulis and Cabri, 1990). In some pyritic gold ores it was discovered that the sum of the various forms in which gold ""conventionally"" occurs, was short of the gold assay. The mineralogical procedure used involves the independent determination of each fraction of gold, in other words there is no form of gold which is calculated ""by difference"". The systematic shortfall after having added the forms of gold listed in Table 1 led to the inquiry for the 'missing' gold and its discovery on the surface of pyrite grains, such as crystal facets and fractured surfaces.Preg-robbing of gold by pyrite from pregnant solutions was first described by Lloyd. In his studies, preg-robbing was measured by changes in the solutions/solids gold assays. This paper describes the first application of a direct measurement method for surface gold on pyrite particles from untreated and processed samples, its impact on gold deportment and processing. The advantage of the direct measurement lies in the absence of interference from other forms of gold, leading to more accurate and precise determinations of this unconventional form of gold."

Jan 1, 1997

By Timothy W. Ellis

Wire Bonding is the dominant IC interconnection process presently used in the semiconductor assembly industry (1). The flexibility, adaptability and cost of wire bonding will continue to keep it as the key process for the interconnection of integrated circuits to substrates. However, wire bonding still has certain technological hurdles to overcome if it is to continue following the semiconductor roadmap (2). Particular issues which need to be addressed include low overall tensile strength, low elastic modulus, low shear per unit area and mechanical loop stability of Gold based micro-alloys. The ability to produce ?Deformation Process Metal-Metal Matrix Composites? (DMMCs) is based upon the deformation nature of immissible metallic systems. For reference, the Gold (Au)-Molybdenum (Mo) phase diagram is shown in Figure 1 (3). By inspection of the diagram, Au has a very low solubility for Mo, while Mo has essentially no solubility for Au. This is the metallurgical analog of oil and water. In the Au-Mo case, this is particularly troublesome when producing precursor ingots of the alloy to be formed into wire products. In Table 1, the melting points and densities are shown for Au and Mo. As shown, the melting point of Mo is significantly higher than Au, and is very close to the boiling point of Au (2856°C). However, Au?s density is higher than that of Mo. As such, conventional casting techniques are not suitable, since solid Mo would float off the surface of an Au melt thus depleting the matrix of its alloy addition. In this work, two-phase composite wires were produced by deformation processing to develop an interconnection wire with elevated tensile strength, modulus and shear to those commonly available in the market (4). This technology has been used previously in the production of high strength electrical conductors particularly for high field pulsed magnets (5).

Oct 1, 2003

By G. W. Poling, G. W. Hawthorn

"""Unassayable gold and platinum group metals"" have come into vogue in the 70sand 80s in certain jurisdictions as a means of perpetrating fraud. Usual arguments are that a particular ore is not amenable to ""conventional fire assaying"". Explanations for unassayable gold usually revolve around: evaporation of micron-size gold; vaporization of organic gold complexes; volatization of gold halides; alloying of gold with PGM's which prevents fusion or alloying which prevents collection .This paper reviews several of the myths and truths of gold and PGM assaying with the knowledge that not a single mine operatesin thefree world producing gold from unassayable ore.INTRODUCTIONAccurate analyses of exploration data and estimation of ore reserves are two of the most important functions of professional geologists and engineers in mine development. The problems encountered become particularly acute when dealing with precious metal values where very low grade deposits (in the range of 0.0 I Troy oz per ton or - 0.2 ppm (g/t) by weight) sometimes are economic or constitute ""ore"". To emphasize this ""scarcity effect"", a gold assay of 0.4 g/t (0.01 T oz/st) would result from the presence of a single 420 J.tm (35 mesh) gold flake (which weighs I milligram) in a 5 kilogram siliceous sample.The current high gold price and the prospects of high profit margins awaiting exploitation of even very low grade gold deposits, has spawned a sizeable group of incompetent or fraudulent gold assayers. These ""assayers"" will often report significant precious metal values where no such values occur. Failures of legitimate assay labs to confirm these ""significant"" assays are often attributed, by the charlatan, to their capability of detecting ""unassayable gold"" while the check assayer cannot. Geologists and engineers lacking detailed knowledge of sampling and assaying techniques are often hard-pressed to convince a gold-fever aroused company executive or investor-client to abandon a property on which attention-grabbling values have been reported, often by more than one laboratory. Professionals engaged in such evaluations must acquire an understanding of contemporary precious metal sampling and assaying techniques . Only then can they determine whether misrepresentation of values have been perpetrated"

Jan 1, 1989

The first mining in Western Australia probably commenced some 40 000 years ago when Aborigines arrived and began quarrying stone for tools and weapons, and ochre for decoration. The earliest documented mining by European settlers took place in 1850 on a small lead vein in the bed of the Murchison River, reported by the explorer A C Gregory. However, it was the discovery of gold in the Kimberley region in 1885 that first drew wider attention to the State's mineral potential.

Jan 1, 1992

By William F. Butler, Mo-Hung Che

DEVELOPMENT OF MONEY AND MONEY STANDARDS This chapter is concerned with the rise, and then the decline and fall, of gold and silver as monetary metals. As a first step in tracing the history of this process, it is necessary to consider the nature of money, and the manner in which different forms of money have developed over the centuries. The origins of money go back into deepest antiquity. Once men ceased to be pure nomads and entered into even a rudimentary form of society such as clans or tribes, money had to be invented The first step was barter as farmers or hunters swapped their surplus products for things produced by artisans such as shoes, clothing, and simple tools. But such barter trading is inconvenient even in primative societies It is difficult to match up buyer and seller at any point in time There are problems in arriving at viable and acceptable terms of exchange. The accumulation of savings-wealth-is complicated. No one can be sure that a pile of furs, or wheat, or certainly fish or game can be used in the future to trade for other goods or services. So even prehistoric man saw the need for money. There was a need first for something to serve as a medium of exchange This was an essential first step in the process of specialization-or the division of labor. A farmer, a hunter, or a shoemaker could only devote his full efforts to his trade if he could be sure that he could exchange his surplus production for the other things he needed for existence. This required a medium of exchange-a form of money which would be broadly acceptable. Money was needed for two other reasons Some system of market prices was essential to facilitate the exchange of goods and services. This required some form of common denominator-some standard of value-to govern the exchange process. And there was also need for something to serve as a store of value, a place to put any excess production (savings) with the assurance that it can be used in the future to acquire a general range of goods and services. As a result, money, in one form or another, developed at a very early state in civilization. Yet the centuries have been marked by a search for a form of money which will possess in full measure all of the attributes in money-a reliable and universally acceptable medium of exchange, standard of value, and store of value. -A wide variety of things have been used as money at one time or another: shells, beads, stones, feather, metals, and even the teeth of sharks and dogs. Some of these things were obviously of little or no practical value. They were used because people had confidence in their continued acceptance as a medium of exchange. As the world evolved and as trading ex-

Jan 1, 1976

By L. C. Stone, J. C. Parr, T. N. Anderson, D. Metcalf

An increase in the importance of low-grade materials as sources of gold and silver has led to the need for improved analytical methods on leach solutions, ores and various effluents, residues, and in-process streams. These are required by plant operators as guides to process control and for accounting pldrposes. Atomic absorption spectrophotometry (AAS) and AAS preceded by pre- concentration have been applied successfully to resolve many such problems. However, AAS is no panacea and imprecision or loss of accuracy can result if adequate precautions are not taken to prevent losses and eliminate interferences. The recent methods are discussed together with methods for overcoming difficulties. Comparisons with more classical analytical techniques are also given.

Jan 1, 1981

By D. Potter

In 1990, Freeport Exploration began regional reconnaissance exploration programs in Irian Jaya, the easternmost province of the republic of Indonesia (Fig. 1). Irian Jaya occupies the western half of the island of New Guinea. Freeport was awarded an initial contract of work that totaled 2.6 million hm2 (6.4 million acres). The company was subsequently awarded additional concessions that added 1 million hm2 (2.5 million acres). The concessions require work commitments and periodic relinquishments. Due to these relinquishments, Freeport’s current land position totals 1.9 million hm2 (4.7 million acres). Freeport began the exploration program to locate additional Grasberg deposits, the largest deposit in the Ertsberg district. But the company recognized that other types of deposits could be present in the largely unexplored area of Irian Jaya.

Jan 1, 1999

By T J. Sprott, Associates

A number of people have expressed concern, understandably, that if mining operations take place in the Coromandel, the flows of mineralised ground water which exist will be intercepted. This water in many cases contains toxic metals including mercury, arsenic and lead and it is thought that if this water is allowed to enter streams or the waters of the Hauraki Gulf, it could endanger natural marine life and possibly established fisheries. This paper seeks to explain in simple terms the geology and the process of deposition of the various mineral deposits in the ground, the chemistry of the reactions between these minerals and the rain water falling on the ground, the hydrology and behaviour of this mineralised groundwater as it moves through the ground until it eventually enters the sea.

Jan 1, 1981

By Elma van der Lingen

Gold is considered the most inert of all metallic elements, but the metal can show catalytic activity when prepared by specific techniques. Preparation techniques being used to prepare gold catalysts systems mainly involve precipitation methods incorporating gold compounds or complexes. This paper introduces a totally different method for the preparation of gold-based heterogeneous catalysts that can be used for oxidation and reduction reactions, as well as electrocatalysts. The method involves alloying of gold with a less noble metal, such as aluminium, to form a gold-containing intermetallic precursor. AuAl2 was produced by melting gold and aluminium together in a vacuum arc furnace under a protective atmosphere. The aluminium is then dissolved from the AuAl2 precursor by means of NaOH to produce a highly porous gold structure. The paper also reports on a method of incorporating transition metal oxide(s) with the porous gold to form an active heterogeneous catalyst. Promoter elements can also be melted with AuAl2 to improve catalytic activity. Alloying has the advantage that the promoter element can be in contact on atomic level with the gold. In-situ xray photoelectron spectroscopy (XPS) studies have also been done on the porous gold catalysts to further clarify the CO oxidation mechanism on gold-based catalysts.

Oct 1, 2003

By Steve Kral

When the price of gold cracked the US$9.60/g(US$300/oz) mark last year, the gold-mining industry began to crank up again. This followed several years of gold prices that had languished in the mid-200s. Existing mines increased production and mines that had lain dormant for many years were getting second looks. The United States still produces a large amount of gold. But not much of the new production is coming from that country. Instead, strict environmental regulations still have companies wary of trying to invest the millions needed to start a new mine or expand existing ones. And after years of studies and negotiations between legislators, environmental interests and the mining industry, the United States still has not crafted a new mining law.

Jan 1, 2003

By K L. Brown

In the Waiotapu geothermal area only Champagne Pool, 109 ng/L, and Waiotapu Geyser, 7.6 ng/L, have dissolved Au concentrations greater than 5 ng/L and most springs have concentrations less than 2 ng/L. When Au concentration data are combined with other physico-chemical data from each spring including; pH, reduced sulphur concentration and temperature, the degree of Au saturation can be calculated. All samples sites except Champagne Pool, Waiotapu Geyser and the Artists Palette are under-saturated with respect to Au(s) by 1 to 3 orders of magnitude. This indicates that adsorption or co-precipitation or both are important processes depositing Au beneath hot springs. Deposition of Au by adsorption or co-precipitation beneath hot springs implies that dissolved Au may not have to reach saturation concentrations for ore to deposit. This interpretation is supported by the presence of substantial Au as sub-microscopic components within sulphide minerals in ore deposits and indicates depositional efficiency beyond that possible through precipitation of Au(s).

Jan 1, 2004

By Aparup Chattopadhyay, Barun K. Gorain

"Porphyry copper deposits are the most important source of copper and also gold within the orogenic belts. These deposits are characterized by low grade copper ore (0.2% to 1% copper) and host precious metals like gold, silver and platinum. A characterization tool has been developed for complex porphyry type copper-gold deposits with an aim to quantify copper and precious metal deportment. This quantification is a challenging task due to low grades and also due to the presence of both visible and invisible precious metal content in different sulphide and non-sulphide phases. Studies were initiated on various complex ore deposits and also on samples representing various processing streams such as flotation and leach products. This paper presents the development of a systematic approach to diagnostic metallurgy using state-of-the-art optical and automated mineralogy, micro-probe, dynamic SIMS and TOF-SIMS analysis for quantification of invisible and visible precious metals content in various species. The relevance of this characterization to metallurgy will also be briefly discussed in this paper.INTRODUCTIONA novel characterization tool has been developed for double refractory gold ores and complex copper-gold ores using state-of-the-art technology for quantitative gold and copper deportment study. The characterization of these ores is a challenging task due to low copper and gold grades in ores, presence of both primary and secondary copper sulphide phases and variable proportion of visible and invisible gold in different sulphides phases (pyrite, chalcopyrite, chalcocite and bornite) and iron oxide phases (magnetite, hematite and goethite). A study was initiated on various ore deposits and also on samples representing various processing streams of pilot plant batches such as flotation concentrates and tailings. This paper attempts to discuss the deportment characterization methodology through presenting results from investigations on four samples from a flotation circuit viz, Feed, Final concentrate, Cleaner Scavenger Tail and Rougher Tail samples. These four samples represent the key streams for a typical copper-gold flotation flow sheet. The key objective of this investigation was to identify and quantify visible and invisible gold along with understanding the morphology and liberation of gold associated with various sulphides, Fe- Oxides and non-sulphide gangue species. In addition, the aim of this study was also to relate this mineralogical and gold deportment information to metallurgical performance."

Jan 1, 2013

The New Zealand microcontinent is relatively well endowed with gold deposits; its past gold production per unit area of 3.2 kg/km2 ranks high on a world scale. Total recorded production (1857 - 1986) is about 854 000 kg and most of this gold was mined between 1861 and 1920. There has been a strong revival in gold exploration and mining since 1979, with exploration expenditure of around $15 million per annum and a declared gold production in 1986 of 1265 kg (886 kg in 1985). In addition to numerous alluvial gold recovery plants working small to medium sized deposits (mainly in Westland and Otago), there are five medium to large projects that have started production (Martha Hill), or have reached advanced stages of construction (Grey River dredge), permitting (Golden Cross and Macraes) or exploration (Globe-Progress). This summary paper is taken from reviews by Brathwaite et al (1986) and Brathwaite (1988).

Jan 1, 1988

By K F. Tang, J-W Li

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. The Xiong’ershan district in the southern margin of the North China Craton (NCC) contains more than 20 gold deposits hosted in the late Neoarchean to early Palaeoproterozoic amphibolite facies metamorphic rocks or late Palaeoproterozoic unmetamorphosed volcanic rocks. Gold mineralisation consists mainly of auriferous quartz veins and disseminated ores in hydrothermally altered zones, with additional gold mineralised breccia pipes. Gold orebodies are strictly controlled by secondary- or higher-order brittle/ductile-brittle faults. Isotopic dating reveals two separate episodes of gold mineralisation: the Shanggong and Dianfang deposits formed in the range of 236 ± 1.4 to 202 ± 18 Ma, whereas the Gongyu, Qianhe and Qiyugou deposits formed between 135.0 ± 0.5 Ma and 124.0 ± 1.0 Ma. Stable isotope and noble gas geochemistry studies indicate that the Triassic gold deposits were precipitated from deeply-sourced, low-salinity fluids at 250–350°C, but whether the fluids were mainly derived from metamorphic devolatilisation or magmatic degassing remains unresolved. In contrast, the Early Cretaceous deposits most likely precipitated from a dominantly magmatic fluid, although metamorphic and meteoric components cannot be ruled out. Results from this study, when combined with regional geological and geochemical data, suggest that the Triassic gold mineralisation was generated by the deformation associated with the collision between the North China and Yangtze cratons, forming the Qinling-Dabie orogen. In contrast, the Early Cretaceous gold veining was a result of lithospheric destruction of the NCC, a process initiated by plate subduction from both the south and north since late Palaeozoic but ultimately triggered by the westward subduction of the palaeo-Pacific plate in the late Mesozoic. This study helps to reconcile the long-term debate on the timing, genesis and geodynamic setting of gold mineralisation in the Xiong’ershan and other districts along the southern margin of the NCC.CITATION:Li, J-W and Tang, K F, 2015. Gold deposits in the Xiong’ershan District, Southern North China Craton – products of Triassic deformation and Cretaceous craton destruction, in Proceedings PACRIM 2015 Congress, pp 341–344 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

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