Search Documents

By Karl J. C. Harries

"11.1. INTRODUCTIONA royalty is the most common form of interest retained by an owner who is disposing of his property or by a joint venturer who ceases, voluntarily or otherwise, to participate in the joint venture.1 Rarely does a non-participating party have a direct interest in the property and/or assets of a project, except during the period when a non-participating joint venturer may be having his interest diluted.2 In fact, it is most unwise to permit a non-participating party to have such an interest. It may give rise to significant problems that could prevent or substantially delay the development of an orebody and require a considerable amount of time, effort, and money to correct.3In negotiating a royalty, it is important to be aware that there is no law or convention that says, “You just don’t do that in a royalty agreement.” As with any agreement, inventiveness and flexibility on the part of the negotiator are not just assets, but virtual necessities. It is also for this reason that it is essential to read the royalty provisions, particularly the definitions, fully and carefully, especially if you are the recipient. On the other hand, if your inventiveness and flexibility cause your accountant to question the advisability of one of your ideas, pay close attention to him.4 He will, no doubt, have had experience with many royalties, and no competent professional adviser disparages a client’s ideas without good reason. Besides, he will probably be the person who will be determining the royalty or certifying the determination of it. At the very least, he will be auditing your general financial statements, which must, of course, reflect the royalty determination. Heeding his advice not only may make the determination easier but also will probably save you money in professional fees later on. Nevertheless, do not simply accept his comments or recommendations without understanding what they mean, why they have been made with respect to your royalty agreement (sometimes professionals have comments that they make as a matter of course and, even though they may be valid, you should require them to be justified to you), and how they will affect your royalty determination.It is surprising how many corporate payors insist that their standard royalty provisions5 be used as a matter of policy, thereby effectively tying the negotiator’s hands. It is even more surprising, and to professional advisers frightening, how many of the senior employees who insist that such a policy be adhered to, virtually without variation, do not know what is in the standard provisions and would be hard-pressed to explain them to a property owner. If standard provisions are appropriate, by all means use them, but do allow experienced and sensible negotiators some flexibility and make sure that everyone within the corporation who may have to use such provisions – negotiator and supervisor alike – knows what they contain and why they are as they are. For example, there are often good and convincing reasons to describe a deduction in a certain way or to include a certain specific type of deduction. On the other hand, quite often the answer to the question “why?” is that “it has always been there”; this is, or should be, an unacceptable answer. In any event, if you, as the negotiator, appear to know what you are talking about, are familiar and comfortable with your royalty provisions, and are backed up by your boss with the same words or reasoning, a property owner cannot help but be satisfied that you are knowledgeable, even if he still does not agree with your provisions. Finally, if you do use standard provisions, make sure that they are reviewed and updated regularly."

Jan 1, 2003

By L. M. Pidgeon

Abstract The production of metallic calcium, by reduction of lime with aluminium, was investigated. Using a modified form of the effusion method, the vapour pressure of calcium above the reaction: 4CaO + 2Al ~ 3Ca + CaO.AI203 was determined and found to vary from 1.0 to 1.3 mm. Hg from 1,150° to l,200°C. From the magnitudes of the various thermodynamic quantities involved, together with a consideration of the known chemical characteristics of the reaction, it was suggested that the reaction proceeded by reduction of lime with aluminium vapour. INTRODUCTION The conventional production of metals by reduction of their ores by carbon (or carbon monoxide) may be represented by the equilibrium: MO+ R [] RO+ M . . . . . . . . . .(1) where MO represents the metal oxide, and R the reducing agent (carbon or carbon monoxide). The free energy change ?F° associated with the reaction is given by -?F° = RTlnKp . . . . . . . . ... . (2) where R is the gas constant, T the absolute temperature, and KP the equilibrium constant. It should be noted that ?F° represents ? the standard free energy gained by the system and hence -?F° is the free energy gained by the surroundings - and that as ?F° increases K must decrease, and conversely. For metals above manganese in the electromotive series, the ?F° associated with reaction would quantity and from it can be seen that this corresponds to a small fraction for K. The equilibrium pressure of the oxide of carbon represented by RO is then too near its concentration in the furnace gases for the reaction to proceed in an internally fired furnace. For the practical reduction of such metals, fuel fired furnaces are inadequate. Electric furnaces may be used to give higher temperatures with lower concentration of carbon oxides and the reaction may still proceed. However, for many metals such as calcium and aluminium the formation of stable carbides or acetylides may prevent production of the metal by this reaction. In this case, either electrolytic methods must be used, orrecourse must be had to reducing agents other than carbon. It is the latter method which is under consideration here.

Jan 1, 1948

By N. R. Thornton

This paper discusses the rapid growth in the application of instrumentation for metallurgical process control. It covers such methods as ultrasonics, pulp density measurements, on-stream X-ray analysis and reagent control, as well as the expanding use of computer control and data acquisition.

Jan 1, 1971

By J. Desroches, J. Burghardt, B. Lecampion, A. P. Bunger

"We present detailed comparisons between theoretical predictions and experiments for the initiation of radial hydraulic fractures transverse to a wellbore. Most of these experiments provide a measure of the time evolution of pressure, length, opening and flux entering the fracture during the test. We compare all these measurements simultaneously to our theoretical predictions, thoroughly testing hydraulic fracture initiation theory, which is shown to be predictive. These comparisons notably emphasize the difference between the initiation pressure (the wellbore pressure for which the fracture initiates) and the breakdown pressure (a misnomer which simply corresponds to the maximum pressure recorded during the test). INTRODUCTION In this paper, we will compare hydraulic fracturing laboratory experiments performed in different tight materials (PMMA, cement, shale) with the predictions from a numerical solution of the governing equations of hydraulic fracture mechanics (e.g. Geerstma & de Klerk, 1969; Detournay & Peirce, 2014). We focus on transverse radial hydraulic fractures initiating from a radial notch at the wellbore wall (see Figure 1). In particular, we will clarify the difference between the initiation pressure (the wellbore pressure at which the fracture initiates) and the breakdown pressure (a misnomer which simply corresponds to the maximum pressure recorded during a test, usually carried out at constant pump rate). This difference stems from the strong viscous effects at play during wellbore pressurization, fracture initiation and early propagation (i.e. fluid entrance in the newly created fracture). It has been observed on a number of experiments (e.g. Weijers, 1995; Zhao et al., 1996) and has a strong practical application, first because the maximum pressure is the most obvious value to report and second because that maximum value is necessary to specify injection systems."

Jan 1, 2015

By Hung-wei Liu, Kevin Plucknett

Early attempts to manufacture titanium aluminides using blended elemental powders, through powder metallurgical processes, have been obstructed due to serious swelling during sintering. Although the use of pre-alloyed powder can avoid this undesired expansion problem, there are limited commercial powder sources available. Therefore, in the present research, fundamental studies on the synthesis of dual-phase (? plus a2) Ti48Al intermetallic materials is undertaken, in particular assessing powder manufacture. In order to produce pre-alloyed powders, highly porous Ti48Al pieces are initially sintered from elemental Ti and Al powder blends, and subsequently pulverised into powders. The powder size is then further reduced by use of either dry or wet milling processes (i.e. shatterbox grinding, attrition, or ball milling). Among these methods, shatterbox grinding has shown the highest efficiency, with a slight mechanical alloying effect observed. The manufactured powder morphologies and phases, as well the sintered material, will be discussed.

Jan 1, 2015

By K. S. Raja, B. McNall, B. Pesic

"High-level radioactive wastes are stored in large underground storage tanks made of low-carbon steel. The wastes consist of concentrated solutions of sodium nitrate (NaNO3) and sodium hydroxide (NaOH), and the radionuclides 137Cs, 99Tc, and 90Sr. The corroding steel microenvironment may produce localized reducing or oxidizing conditions that affect the solubilities of the species such as Tc(VII) and Tc(IV), which in turn modifies the kinetics of corrosion of the storage tank. To understand the influence of technetate ions on the corrosion of steel, electrochemical polarization studies of A 537 steel samples were carried out in 1 M NaNO3 + 0 .05 M S r(NO3)2 + 0.1 M NaOH with and without addition of HReO4 at different temperatures (24 – 85 °C). The concentration of HReO4 was varied from 0.014 – 0.04 M.INTRODUCTIONAqueous processing of spent nuclear materials generates a large amount of high-level radioactive wastes. The wastes are primarily salt solutions of sodium hydroxide and sodium nitrate which also contain fission products such as 137Cs, 99Tc, and 90Sr. Among the high level radioactive fission products, Tc-99 is of great importance because of its high concentration, long half-life (2.1 x 105 years), high solubility in geologic waters as technetate, and rapid diffusivity through the geologic systems. The solubility of technetate ions varies depending on the oxidizing conditions prevailing in the storage containers. High level radioactive wastes are stored in single shell or double shell tanks made of low carbon steels such as ASTM type A15, A516-70 and A537. Most of the available literature on corrosion of steel in simulated radio active waste environments pertains to nitrate induced stress corrosion cracking (Subramanian & Mickalonis, 2005). The corroding steel microenvironment may produce localized reducing or oxidizing conditions that affect the solubilities of the species such as Tc(VII) and Tc(IV). Corrosion of steel and formation of Fe(II) and Fe(III) will affect adsorption and reduction of Tc species. The radioactive species can irreversibly be sorbed on the steel surface by oxidation of Fe(II) to more stable Fe(III) and fixed as less soluble Tc(IV)/Fe(III). The solubility of Tc species is also affected by other factors such as dissolved oxygen, local pH, temperature etc. How the corrosion behavior of steel will be affected in the presence of Tc species is not clearly understood.Cartledge (Cartledge, 1960) demonstrated that passivation of iron can be achieved in the presence of oxygen along with suitable inhibitor ions/molecules of the general formula XO4 n-, such as pertechnetate (TcO4 -). The pertechnetate ion is univalent. Since it is derived from a strong acid, no buffering action can be expected from this ion. The redox potential of the reaction (1) is 0.738 VSHE (Pourbaix, 1974)."

Jan 1, 2012

By James Mackie

The Vancouver Stock Exchange (VSE) has been providing venture capital for start-up companies since 1907. Ninety years' experience in the junior mining industry has enabled the VSE to develop policies and procedures tailored to the unique needs of start-up companies. Policies and procedures applicable to listed companies are documented in the Corporate Finance Services Department "Policy and Procedures Manual." Approximately 50% of the companies listed on the VSE are in the mineral exploration and development business. The largest number are exploring base metal, precious metal or diamond properties. A recent count shows that about 20 companies are exploring industrial mineral or non-metallic deposits. The minerals sought by these companies include limestone, decorative stone, building stone, lava rock, wollastonite, zeolite, garnet and graphite. There are two basic routes to obtaining VSE financing for an industrial mineral property. The owner can either sell an interest in the property to a listed company or form a company and have it listed on the VSE. In each instance, the listed company is responsible for raising funds to develop the property. A typical financing consists of the sale of company securities byway ofeitherprivate placement or prospectus offering.

Jan 1, 2001

By P. H. Jennings

Commercial tellurium commonly contains heavy basemetal impurities such as lead, copper, iron, etc., as well as selenium and oxygen. The base metals may be removed by vacuum distillation or by zone melting. Vacuum distillation is a convenient method for treating moderate quantities (~ 100 kg.) for the production of a material having a total content of heavy metals in the 10-30 ppm range. By zone melting, it is possible to lower all the heavy metal impurities tm below the limits of spectrographie detection. Neither vacuum distillation nor zone melting is effective for the removal of selenium, but treatment of molten tellurium with hydrogen converts selenium to hydrogen selenide. This procedure is too s low to be considered except as an adjunct to zone melting. In the course of air-melting, many of the more easily oxidized impurities form a dross and may thus be readily removed. Substantial refinement with respect to iron, tin, chromium, aluminum, sodium, silicon, magnesium, calcium and manganese can be achieved in this way. Although tellurium can be electrodeposited from either acid or alkaline solutions of the dioxide, various factors militate against successful electro-refining, amongst which may be mentioned the brittleness of cast tellurium anodes and the tendency for the metal to be deposited in dendritic form, even at low current densities.

Feb 1, 1966

By P. H. Jennings, J. C. T. Farge

Commercial tellurium commonly contains heavy base-metal impurities such as lead, copper, iron, etc., as well as selenium and oxygen. The base metals may be removed by vacuum distillation or by zone melting. Vacuum distillation is a convenient method for treating moderate quantities ( 100 kg.) for the production of a material having a total content of heavy metals in the 10-30 ppm range. By zone melting, it is possible to lower all the heavy metal impurities tm below the limits of spectrographie detection. Neither vacuum distillation nor zone melting is effective for the removal of selenium, but treatment of molten tellurium with hydrogen converts selenium to hydrogen selenide. This procedure is too slow to be considered except as an adjunct to zone melting. In the course of air-melting, many of the more easily oxidized impurities form a dross and may thus be readily removed. Substantial refinement with respect to iron, tin, chromium, aluminum, sodium, silicon, magnesium, calcium and manganese can be achieved in this way. Although tellurium can be electrodeposited from either acid or alkaline solutions of the dioxide, various factors militate against successful electro-refining, amongst which may be mentioned the brittleness of cast tellurium anodes and the tendency for the metal to be deposited in dendritic form, even at low current densities.

Jan 1, 1966

By W. H. Miller

Introduction In this paper we have endeavoured to present a general description of the electrical applications underground at Copper Mountain, including types of equipment used, problems encountered, and methods by which they were overcome. No attempt has been made to outline in detail the wiring of various circuits. Until recent years, the main use of electrical energy underground at Copper Mountain consisted of direct current for locomotives, trolley systems, .and signal and communication circuits. The prohibitive cost of equipment and distribution systems prevented any extensive use of a.c. beyond that commonly used for essential lighting purposes. However, in 1943 the shortage of manpower and the increased cost of labour and supplies necessitated a general mechanization programme.

Jan 1, 1951

By Derek V. Ellis, Jack L. Littlepage

"Marine ecosystem effects ar1smg from the discharge of man-generated wastes to the sea can be schematized as: acute poisoning, chronic poisoning, enrichment, suffocation, temperature effects, salinity effects, toxin bio-concentration, changed production rates and changed species equilibria. A professionally designed site-specific monitoring program to check for such effects can not only safeguard the marine ecosystem from degradation, but it can also protect the industry involved from unanticipated remedial action after expensive construction has been undertaken. Monitoring programs should consist of three steps. Step 1 is an ecosystem survey which should be undertaken prior to final design of the discharge system and submission of applications for permission to discharge, because there can be considerable cost savings in obtaining information at an early stage in development. Step 2 involves location of the effluent field at the time of starting discharge, and analysing its dispersal behaviour. Step 3 consists of ecosystem monitoring with sampling stations and specific tests based on the accumulated prior information."

Jan 1, 1972

By Ahmad Ghahreman, Denver Cowan, Yeonuk Choi

"Testwork was conducted in order to compare the effectiveness of carbon based catalysts while oxidizing a gold-bearing pyrite concentrate under atmospheric conditions. Without the use of a catalyst the oxidation of pyrite was incomplete after 96 hours, resulting in roughly 60% pyrite oxidation. Furthermore the resulting sulphate yield from unassisted pyrite oxidation ranged between 72 and 84%. It is evident that atmospheric oxidation of pyrite is not viable due to slow oxidation kinetics and high sulphuric acid production when using a ferric sulphate media without a catalyst. The effect of two different carbon based catalysts, one Lewatit® AF 5 a new microporous carbonaceous bead, and the second a granular coconut shell based activated carbon, were tested under the same oxidation conditions as the unassisted pyrite tests. After 96 hours, Lewatit® AF 5 assisted oxidation showed approximately 96% pyrite oxidation with a sulphate yield ranging between 26 and 35%, while the activated carbon assisted oxidation reached approximately 100% pyrite oxidation with a sulphate yield between 36 and 37%. Testwork indicated that not only does the addition of a carbon based catalyst greatly improve the oxidation kinetics and lead to almost complete oxidation, the sulphate yield is also drastically reduced, resulting in very high elemental sulphur yields.INTRODUCTION Pyrite is an important sulphide mineral due to its ability to contain invisible gold concentrations up to 132 g/t (Chryssoulis & Cabri, 1990). As a result, ores composed of only a small amount of pyrite still have the ability to contain high gold grades. This refractory gold cannot be accessed via conventional gold leaching processes, such as cyanidation, and additional oxidative pre-treatment is required to liberate the gold, making it more amenable to extraction (Marsden & House, 2006). Current oxidative pre-treatments do exist consisting of both pyrometallurgical and hydrometallurgical processes including high temperature and high pressure leaching within autoclaves, biological atmospheric leaching and roasting. Autoclaves are a proven process reaching desirable recoveries within approximately a 1–2 hour retention time, due to the increased temperatures and pressures, allowing for an increase in dissolved oxygen (Marsden & House, 2006). The typical reaction for pyrite oxidation within autoclaves is presented in Equations 1, 2 and 3."

Jan 1, 2017

The major factors limiting the establishing of vegetation on the shale and sandstone wastes at Minto are high exchange acidity and low pH (shale pH 4-5, sandstone pH < 4). In the first revegetation program (1967-74), 3.8 million trees were planted without grading on 4,000 acres (red, jack and scots pine and black locust). White dutch and sweet clover, birds-foot trefoil and red top were established in selected areas, and ponds were stocked with brook trout. In the second phase of reclamation, beginning in 1979, a comprehensive plan will be initiated which will allow for forest production, wildlife development and recreational activities.

Jan 1, 1977

By R. H. Knudsen

"In view of the chronic overcapacity problem in the world potash industry and Saskatchewan's recent emergence as a major producer, the long-term outlook for potash productive capacity and consumption is of importance and interest to both the Saskatchewan Government and the potash industry. This paper is based on a report recently published by the Saskatchewan Department of Mineral Resources on projected world potash productive capacity and consumption for the ten-year period 1970 to 1980. Potash productive capacity and consumption are estimated on a country and regional basis and projected annually to 1980. Tables and graphs are included which summarize projected capacity and consumption for the period and illustrate the impact of Saskatchewan's capacity upon the North American and world potash industries."

Jan 1, 1973

By John C. Lyons

"The Wabana iron ore deposits occur as flat-dipping beds of oolitic hematite and chamosite, of Lower Ordovician age, which outcrop for 3 miles along the northwest coast of Bell Island, Conception Bay, Newfound-land, about 16 miles from St. John's.The deposits occur in three zones, Upper, Middle, and Lower beds, separated respectively by 30 feet and 215 feet of shale and sandstone. They are primary sediments laid down in a shallow tidal basin by the precipitating action of a marine environment on iron-rich fresh waters flowing into the basin.The ore-bearing zones, while of wide areal extent, are not uniform beds of hematite that can be mined wholesale. The action of waves and currents during sedimentation; the delta pattern, velocity, and transporting power of streams flowing into the basin; the contours and oscillations of the sea bottom on which the sediments were laid have all been fundamental in the emplacement of richer and thicker mineable sections, and of lean zones so intercalated with shale as to be unmineable.The preservation of the deposits is due to their location in the Conception Bay syncline and to a considerable upthrust of the country east of the bay in post-Ordovician time.The hematite deposits were first recognized as such in 1892, and soon after were acquired by the Nova Scotia Steel and Coal Co. They are now being mined by Dominion Wabana Iron Ore, Limfred, a wholly owned subsidiary of the Dominion Steel and Coal Corporation, Limited. Production started in 1895, and up to the end of 1955 totaled 58,588,516 long tons of hematite ore, having an average dry analysis of about 51 5 per cent iron, 11 8 per cent silica, 0·9 per cent phosphorus, and l ·5 per cent moisture. About 40 per cent of the total tonnage mined has come from surface stripping and on-shore mines. These areas have now been almost completely depleted, and operations are confined to submarine mines extending for two miles off shore under the waters of Conception Bay. Three sub-marine slopes are currently in operation, Nos. 3 and 4 working in the Lower Bed and No. 6 in the Middle Bed. A general picture of the workings is shown in isometric projection in Figure 1. Submarine mining has been entirely by the room-and-pillar method, with an extraction of 60 per cent. The deepest workings, at a vertical depth of 1,850 feet below sea-level, have a rock cover of about 1,500 feet. No mining is done in areas where the rock cover is less than 200 feet. To date mining has explored six square miles of a potential area that may exceed 50 square miles."

Jan 1, 1949

By H. L. Cameron

Introduction Since the beginning of gold mining in Nova Scotia in the year 1860, the biggest problem o the mine operators has been to find and follow the ore zones in the narrow quartz veins. It was early recognized that all veins were not gold bearing and that, in those that were, the commercial ore was confined to limited zones. A large number of geologists and mining engineers have been interested enough to give time and thought to the problem, but, until the last four or five years preceding World War II, they were handicapped by lack of exact data from mining operations. The necessary data could only be obtained by daily checking of underground operations. Such daily checks were instituted at a number of mines during the period 1935-40 and, in every case, were successful in delimiting the ore zone or zones for the particular mine. The present paper deals with the results of this work as applied to practical ore finding. It is an attempt at extrapolation, from observations in the four districts with which the writer is personally familiar, co other districts in which similar conditions or structures are reported.

Jan 1, 1947

By H. S. Fowler

The Consolidated Mining and Smelting Company has been in the business of mining and exploration since its incorporation in 1906. The Company has reports written as early as 1890. Consequently, its files contain a very large number of reports, and also of maps, of ail descriptions. REPORTS Before describing the filing of maps, a brie{ note on our general system of filing reports will perhaps clarify the discussion. Reports of a non-periodic nature, primarily those based upon examinations by field engineers, are separated from all other data and filed in what we know as the Mine Series System. Each property on which reports are written is given a serial number, known as the Mine Series Number. This serial number is assigned at the time the first report is filed and it remains permanently identified with the property, regardless of its state of activity. Our mine series numbers now total over 5,000. The serial number for a property may be found by referring to an alphabetical index of properties. MAPS We found it necessary to divide maps into two groups: (1) Maps of properties (2) Maps of areas

Jan 1, 1944

By M. Pearson, W. Bristowe, A. Hanson

"There&apos;s no such thing as quality assurance; only quality control ... by inspection. "(1) A common misunderstanding in the procurement and construction of custom designed, fabricated pressure vessels and piping systems is that quality assurance can be achieved by simply referencing codes, standards, ISO 9002, QMS or other such programs in the contract documents. In the authors&apos; experience, nothing could be further from the truth, not detrimental to the performance of the equipment than the exclusion of inspection activities and reliance upon warranties and "fit-for-purpose" clauses. Likewise, the expectation that fabricators, suppliers, or third party inspectors can provide such assurances is also unrealistic where they have limited knowledge of the process, material selection criteria, or limited technical resources. The development and successful execution of a quality assurance program is a collaborative effort by engineers, designers, material suppliers, equipment fabricators, and field inspectors with the full understanding and support of the end user.This paper presents an outline of the quality control activities undertaken by the authors for several recently completed and on-going hydrometallurgical projects. The activities include: prequalification of fabricators and sub-vendors, shop audits, material validation testing, material source control and verification, positive material identification of weld metal overlay, specialised welding inspection, contamination control for titanium and titanium-clad fabrication, eddy current and mass spectrometer (helium) leak testing of shell-and-tube heat exchangers, hot cycle testing of titanium clad equipment, tolerance verification for refractory lined equipment, final inspection and cleaning.

Jan 1, 2004

By R. E. Evans

This paper contains an analysis of the geography and geology of the Black Lake area, Eastern Townships of Quebec, an outline of the work to be performed, an explanation of the design concept and how it was developed, and a discussion of the actual stripping operation, including details of the machinery being used, etc.

Jan 1, 1967

By J. Gebhardt, D. McBride, C. R. Bennett, Croft. N., M. Cross

A comprehensive model of solution flow through heap leach systems requires a numerical solution with the ability to predict variably saturated-unsaturated flow through porous media domains that contain materials with spatially variable properties. The types of flow associated with stockpile leach processes lead to flow problems, such as infiltration into dry soil, drainage, perched water tables and flow through heterogeneous materials. Computational methods for modelling this class of flow behaviour are conventionally based on the classical Richards&apos; equation. However, the governing equations are highly non-linear, difficult to solve, and require iterative numerical solution methods. The pressure-based form of the Richards&apos; equation suffers from poor mass balance, while the mixed form can possess convergence difficulties. An adaptive transformed mixed algorithm is described, which reduces the non-linearity of the problem, optimizes the time step size, and provides a fast, numerically robust scheme that significantly reduces computation (or CPU) time. This method is shown to give fast, accurate solutions on a number of complex flow problems. The utility of this algorithm is illustrated through its implementation within the PHYSICA computational modelling software, which incidentally, provides a framework for a comprehensive heap leach model.

Jan 1, 2005