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By MaryAnn E. Crichton, David G. C. Clarry

"Environmental risk is becoming more important in debt and equity financing decisions in the mining industry worldwide. Demonstration of good environmental management practices and management systems has a direct impact on the ability of mine developers, operators and investors to raise financing. Based on experience in providing due diligence services, there are a number of factors that are important in assessing financial risks related to environmental issues in either new projects or existing facilities. A frame-work for understanding the importance and priorities of each element of environmental management is presented.IntroductionIn the context of lending money to a corporation, environmental issues represent another aspect of credit risk (Henry, 1989). These issues, because of their nature, represent the potential for large unforeseen expenditures if they are not known or acknowledged and are not being proactively managed. Lenders, other investors and their advisors, are becoming increasingly aware of the potential financial impact of environmental issues. Consequently, they are increasing their requirements for environmental audits to review the environmental issues, management practices and systems when they are considering financing mining and/or metallurgical processing operations worldwide.Many banks have signed the United Nations Environment Program (UNEP) Statement by Banks on Environment and Sustainable Development. Banks in this category include National Westminster Bank, the Union Bank of Switzerland, Deutsche Bank, and the Royal Bank of Canada."

Jan 1, 1997

By Michael Boyle, John Zeni

"The Blind shaft boring method is a mechanised process of excavating large diameter vertical shafts downward from the surface. It is a rotary drilling technique eliminating any requirement for personnel to enter the shaft or access underground workings during drilling and lining phases. Excavated material is delivered to surface carried by a flow of circulating fluid through the centre of drill rods. The drill assembly is suspended from a large A-frame rig and powerful winch at ground level providing vertical thrust to a hard rock cutter head. INTRODUCTION The Southern Coalfields Ventilation Shaft was constructed at a mine, 45 km north-west of Wollongong. The 5 m finished diameter (6.2 m drilled) shaft reaches a final drilled depth of 517 m, the deepest, fully lined blind bored vent shaft to date in Australia. Operated by a mining company in the Southern Coalfields, the expanding mine required a new ventilation shaft and associated surface infrastructure to service future operations. An assessment of future ventilation requirements for the coal seam operations identified a need to improve the capacity and reliability of the existing underground ventilation system in order to ensure a safe and efficient underground working environment. Installation of the new upcast ventilation shaft was determined to be the most cost effective and reliable solution to provide adequate ventilation for underground operations. The completed shaft is smooth and fully lined with steel/concrete composite liners that are hydrostatically sealed. The shaft lining is designed to meet the mine ventilation requirements for a service life of 20 years. The shaft intersects the top of the working section of the coal seam at approximately 513 m of depth. This includes the shaft collar depth and shaft bottom profiled intake section.PROJECT METHODOLOGY AND INDUSTRY BEST PRACTICE The shaft was drilled using the blind bore method, an innovative construction technique and an alternative to the traditional methods of sinking deep and large diameter shafts, such as raise boring and conventional drill and blast shaft sinking. The blind bore method allows the shaft to be drilled from the surface down without anyone having to enter the shaft or the mine during the construction process. This is by far the safest method of shaft construction and is especially suitable for difficult ground conditions where there may be unstable or water-charged strata. As this method involves drilling from the surface downward, shafts can be completed ahead of the underground mine development. Thus, allowing underground operations to focus on development and production without the conflicts of managing ventilation priority for underground contractors and mucking out spoil from excavation workings."

Jan 1, 2019

By P. Nayak

"Comminution is an energy intensive and expensive process consuming approximately 40-50% of the total processing costs in a mining operation. This process poses an even greater challenge with gold ores due to their low elemental concentration and small particle size. Over 99.9% of the ore fed to the mill is waste which must be removed during the ore processing stage. Preconcentrating the Run of Mine (ROM) ore before feeding the mill will result in significant cost savings. In partnership with Sacré-Davey Engineering, Agnico Eagle Mines Limited identified this opportunity and is currently evaluating the implementation of sorting technology to preconcentrate the ore or upgrade the waste material at its operations. This paper will discuss the steps adopted by Agnico Eagle in the evaluation and installation of sorting technology at its operations. Since the Company has a large portfolio of operations, the first step in the project was to shortlist the operations that had the highest probability for successful application of the technology. Following this, the top three operations were selected for bench scale evaluation. The projects which showed the most economic potential were then considered for detailed evaluation and pilot plant installations. This paper provides an insight into the methodology followed by Agnico Eagle and Sacré-Davey in the evaluation of the technology.INTRODUCTION The benefits of ore sorting technology are being increasingly understood by the mining industry today. The application of ore sorting in gold mining is attractive due to the nature of the mineral distribution. The presence of high value minerals distributed in an extremely small mass of the ROM ore creates a tremendous opportunity for preconcentration with ore sorting. Since Agnico Eagle currently has a portfolio of eight operating mines and numerous development projects and exploration properties, the challenge was to identify the deposits which had the most favourable mineralogy and grade distribution for successful ore sorting. The success of ore sorting is mostly based on the minerals present in the deposit and the grade distribution. The minerals signify the amenability of the deposit for ore sorting and the kind of sensing technology to be used. On the other hand, the grade distribution demonstrates the amount of material that can be rejected without losing value. In order to understand a deposit’s characteristics, it is important to examine the sample’s behaviour with various sensors and then assay it to know its actual value. It is a common practice in the mining industry to document assay value of drill cores and/or material feeding in and out of the mill. However, those VALUES (are insufficient to understand the grade variability on a granular basis. To capture the ore variability in very high resolution and significantly improve the selectivity of the material feeding the mill, it is vital to assay the samples on a rock-by-rock basis, as this is the level of resolution which will be examined by the ore sorter during sorting. A careful and elaborate procedure was followed in evaluating the technology at Agnico Eagle’s operations which is discussed in this paper."

Jan 1, 2019

By D. MacGREGOR, VERA TUREK

The St. Canul and Ste. Scholastique orthoquartzite sanrjstone deposits are located within the Potsdam Formation near Montreal. The sandstone lies on Precambrian basement and is Cam/3rian to Ordovician in age. The Potsdam Formation shows two distinct stages of development. One created a deepwater facies represented by impure, limey or shaley sandstone; the other produced a shallow facies composed of grey, highpurity sandstone. The shallow-water orthoquartzitic sandstone at St. Canul is being mined and beneficiated by lndusmin Limited. The operation manufactures a wide range of silica products and supplies industrial areas of Quebec and Ontario with material for the glass, foundry, silicon carbide and ceramic industries.

Jan 1, 1984

By A. Ignatieff

"A practical picture of the effects of stress and of the structural environment in an extraction area in a bedded deposit is described, and the main factors of ground control where principles of rock mechanics can be applied are discussed. Reference is made to early work in Europe, where systematic rock mechanics studies started in coal mines, as well as to the early work in the Canadian coal mines.During the past two decades, considerable theoretical and experimental knowledge, pursued both in the laboratory and in the field, has accumulated throughout the world, but the state of the science still does not permit application of substantiated theory such as is found in the design of above-ground structures, largely because of the complexity of the rocks. The mining engineer, as oppm1ed to the civil engineer, is constantly faced by exposures of new ground that is often subject to unpredictable discontinuities. However, the rationale already developed by rock mechanics principles and experimentation provides concepts and information that may be useful in selecting mining layouts. These concepts and existing measuring techniques can also assist ground control as mining progresses.Many of the bedded deposits, much as coals and evaporites, have pronounced deformation properties, and there are limitations in making stress measurements within short distances of mine openings or extraction areas. On the other hand, the measurement of movement of the hanging wall (roof) and footwall (floor) of roadways and extraction faces, as well as the sides of pillars, provides a most useful tool in assessing ground stability.This paper is to be regarded as a brief progress report with particular reference to Canadian applications of rock mechanics to bedded deposits."

Jan 1, 1968

By Allan A. Este, Bruce Arthur

"Rio Algom's Stanleigh Mine and Mill Operation Was' officially started up in August 1983. In September 1982, Rio Algom contracted Estonix International Inc. from Lively, Ontario, to develop and implement two innovative programs: (1) Work Renovation Planning, and (2) Systems Performance Training. This paper deals with the development and implementation of these two concepts relative to the plants technology from start-up to present and the exceptional results achieved. This paper discusses how a small but motivated workforce resulted in the smooth transition from startup to full production. It also deals with how these concepts were applied elsewhere in the organization which permitted a successful transition and downsizing of the over-all operation.IntroductionRio Algom Limited produces uranium in Elliot Lake, Ontario. In the late 1970s Rio Algom entered a contract with Ontario Hydro to supply uranium from its Stanleigh property, which had been idle since 1960. The mine was subsequently upgraded, and a new modem mill was designed and built, commencing operation in 1983.From then until September 1990,Rio Algom had three producing mines and mills in the Elliot Lake area. Quirke mill, with a capacity of 6350 tonnes per day, operated continuously from 1968. The Panel mill with a 3000 tonnes per day capacity, operated since 1979. Stanleigh mill continues to operate under long-term contracts, although at a production rate about 25070 lower than its rated capacity of 5000 tonnes per day.Both the Quirke and Panel mills, although not entirely similar, were conventional uranium mills utilizing crushing, grinding, leaching and ion exchange. As such, and in keeping with the traditional management style, there was a rather large mill operating workforce, which utilized a line-of-progression job classification system."

Jan 1, 1993

By Jun Shan

The preparation of poly(N-isopropylacrylamide)-monolayer-protected clusters (PNIPAM-MPC) of gold nanoparticles was carried out in a homogeneous phase using three ways, in which three types of PNIPAM ligands were employed. The first type comprised of PNIPAMs with narrow molar mass distributions, synthesized by reversible addition-fragmentation chain transfer (RAFT) polymerization and thus, bearing a dithiobenzoate at the chain end. These polymers were used directly to passivate the gold nanoparticles upon the Schiffrin reaction in a one-pot synthesis. The second type of ligands was derived from the first one through hydrazinolysis, and they therefore contained a thiol end group. The third type of ligands was PNIPAMs obtained through conventional radical polymerization, post-modified to contain thiol end groups. The PNIPAM-MPCs were characterized by high-resolution transmission electron microscopy, and by dynamic light scattering. The one-pot synthesis utilizing the ligands of the first type turned out to be a simple and facile method, compared with the other two ways, with which the size of the gold nanoparticles can be easily manipulated mainly by adjusting the molar ratios of PNIPAM / HAuCl4. PNIPAM is a more efficient ligand to stabilize the gold nanoparticles in water and in organic solvents than alkanethiols. The surface density of PNIPAM chains ranged from 1.8 to 3.6 chain/nm2, which is much lower than that typical for alkanethiols. The thickness of a PNIPAM monolayer bound to the gold core is somewhat larger than the size of the random coil of corresponding free PNIPAM in aqueous solution, which suggests that the conformation of a PNIPAM chain bound to the gold core is to extended.

Oct 1, 2003

By Juergen Antrekowitsch, Stefan Steinlechner

"Waelz oxide from steel mill dust recycling is usually sold to the primary zinc industry, where it is first charged to the roasters to eliminate the remaining fluorides and chlorides. This limits the overall amount of secondary materials which can be used because of different operating problems in the roasters. Another option, in the case where the halides are low, would be direct leaching with low or medium concentrated sulphuric acid. Unfortunately, because of the carryover of some steel mill dust, iron is also present in the Waelz oxide, reaching contents up to 5 wt.%. Since the objective is to treat the solution more or less directly by electrowinning, with only a few simple preliminary purification steps, iron in the solution is a very important factor. Various trials have been done to investigate the dissolution behavior of the iron contained in the Waelz oxide. Although the zinc extraction should reach a maximum, all other elements, especially iron, should be low. This paper describes the results of our research in this area and offers possible options for Waelz oxide utilization. There is also a focus on how other elements, present in the material, influence the dissolution behaviour of zinc and iron, and whether a loss of zinc is unavoidable, if low iron dissolution is required.INTRODUCTION One of the most important secondary zinc resources is the zinc oxide originating from steel mill dust recycling. For the treatment of high zinc containing steel mill dusts, the Waelz kiln process is the so called “best available technology” and it dominates the industry, with roughly a 90% market share. The product Waelz oxide contains mostly zinc oxide, but it also contains lead compounds and halides due to evaporation with the zinc. In addition, it contains iron and some slag compounds due to mechanical carry-over. The presence of halides limits the use of the material as an alternative concentrate for primary zinc electrowinning. Such halides can be reduced to a certain extent by washing and/or solvent extraction (see following chapter). Although lead is not troublesome and theoretically represents a second recoverable valuable metal, iron is unwanted and causes additional problems during leaching. Even though Waelz oxide is generally a highly welcome input material in primary zinc metallurgy, due to its high zinc content, it still contains halides, and in the majority of cases, the oxide must first be treated in a roasting process. Different circumstances, like accretion formation because of the lead and halogen compounds as well as unwanted cooling effects in the roaster, limit the amount of Waelz oxide which can be substituted for the primary concentrate. Another, even more limiting factor, is the allowable concentrations of chlorides and fluorides in zinc electrowinning, the last step in the primary zinc processing route (Ruetten, 2011)."

Jan 1, 2016

By A. Galley, R. Tosdal, F. Robert

The Canada Mining Innovation Council (CMIC) Exploration Innovation Consortium developed a 10-year business case for developing new discovery criteria, exploration techniques, and better data management and analysis to improve exploration success in deep, remote, and covered terrains. Within this context, the CMIC devised a five-year project proposal to create improved multiparameter exploration tools to detect ore systems and more efficient vectoring toward high-grade mineralized cores. The Footprints project was approved March 2013. More than CAD$13 million funding was provided through the CMIC-led joint sponsorship from 30 companies and the Natural Sciences and Engineering Research Council. Consistent industry leadership and integration of dedicated industry and academic expertise has the project on track for reaching its well-defined objectives.

Jan 1, 2014

By R. M. Giegerich

"This paper begins with a brief history of Madawaska Mines, a brief description of the geology, mining methods and equipment, and the historical development of 7/8-in. tapered drilling equipment. It then outlines the performance characteristics and inherent problems of the traditional 12-degree, tapered connection, blade-type insert bits. Service-free (Unipass) button-type insert bits are presented as a possible solution to these problems. The paper concludes with an analysis of button bit performance to date.Brief History of Madawaska MinesMadawaska Mines Limited, near Bancroft, Ontario, is in Faraday Township, Hastings County, approximately 100 miles northeast of Toronto and 100 miles west of Ottawa.The mine re-opened in 1976committed to 1,500 tons per day to provide approximately 600,000 pounds of yellowcake (U3O8) per year to A.G.I.P. (an Italian government agency) under the joint ownership of Federal Resources Corporation, Salt Lake City (51%), and Consolidated Canadian Faraday Limited (49%). At present, the mine is producing approximately 2 pounds per ton (.1% U3O8) at the rate of 60,000 pounds per month. The mine employs about 400 employees.Brief Description of Geology, Mining Methods and EquipmentGeologyThe Grenville metasediments of the mine area are chiefly paragneiss, amphobolite and some carbonate (marble) rocks, which were intruded by a basic rock, altered to a metagabbrometadiorite. These formations are generally concordant, striking east to northeast and dipping 45 to 60 degrees to the south. Locally, the metagabbro is often discordant. The above group of rocks (mixed hybrid gneisses) forms the hanging wall of the south-dipping Faraday granite sheet and was intruded by nepheline syenite, syenite and granite. The ore occurs in the granite-syenite-pegmatite dykes that are probably genetically related to the Faraday granite. The ore shoots are erratically distributed within the pegmatite bodies, mainly on the hanging or footwalls but also medially. Their size varies from 50 to 350 feet in length, 5 to 40 feet in width and 50 to 200 feet in height. The ore occurs most frequently in a medium-grained granite or syenite, well hematized with 10 to 30% mafic crystals of pyroxene, amphibole and/or relics of the host rock."

Jan 1, 1982

By H. P. Whaley

This paper introduces Wabush Mines, including its ownership, physical assets, capacity, goals and achievements. It is to be followed by four papers which will present the detailed story. Wabush Mines, the largest supplier of iron ore to the Canadian steel industry, was brought into production in 1965. The ore is mined and concentrated in Wabush, Labrador, Newfoundland and pelletized at Pte. Noire, Quebec. Annual capacity is over 6,000,000 tons of high-grade iron ore pellets.

Jan 1, 1969

By W. Haibei, Lei. Z., Z. Bangsheng, W. Yufang, J. Kaixi

In 2007 output of zinc was more than 3.71 million tons in China. Some new projects have finished FS and several new zinc plants are building now. In recent ten years it happened great changes in zinc industry. For zinc concentrates one pressure leaching plant was built with capacity 10,000t/a and at least four companies are carrying out FS or engineering design now. Direct atmospheric leaching will put into used in China in 2008 with capacity 100,000t/a. It is estimated that until 2010 the output of direct leaching will be 400,000t/a.

Jan 1, 2008

By J. J. Crowder, A. L. Coulson

Ground support is a significant component of underground mining costs. The rehabilitation of failed support, however, is often much more expensive than the initial installation. This paper investigates whether the right type and length of support can be designed correctly the first time, through forward modelling of the support and the mining process. Back analyses demonstrate how high-quality instrumentation and monitoring can help with the estimation of the post-peak (post-failure) rock mass parameters required for a comprehensive analysis. A hybrid modelling approach combines a three-dimensional mine-wide boundary element model with a non-linear finite element model to allow for the failure process in the rock mass. The back analyses demonstrate that, for the case study site, the post-peak Generalized Hoek-Brown value of mr must be reduced significantly in order to properly simulate displacements observed in instrumentation data. High-quality instrumentation data is the key to post-peak rock mass parameter calibration. The procedures outlined in the paper highlight the need for a new hybrid numerical modelling package that can use the influence of three-dimensional mining-induced stresses to predict displacements in, and potential failure of, rock masses surrounding mining infrastructure in order to radically alter strategic and tactical mine design.

Jan 1, 2007

By G. W. H. Norman

INTEREST in the mineral possibilities (gold, copper) of northern Quebec, north of the Quebec-Cochrane branch of the Canadian National railway, has centred for many years in the Chibougamau district (see Figure 1). Since 1934, however, promising gold discoveries in the Rose Lake-Florence River section, 115 miles southwest of Chibougamau lake, have widened the interest, and prospectors have examined other parts of the country between Chibougamau lake and Bell river and the surrounding districts. The object of this paper is to !resent an outline of the geology, and to describe the mineral deposits, o part of this region, or, more specifically, of the part embraced by the Opawica-Chibougamau and Waswanipi map-areas(l), which include the districts about Chibougamau lake and Rose lake-Florence river, where mineral deposits are now in course of development either by surface or underground work. Early discoveries, developments, and explorations in the Chibougamau district are well summarized in the report of the Chibougamau Commission, published in 1911(2). The Commission discredited previous optimistic accounts of mineral discoveries in the area, made initially in 1903, but at the same time they expressed the opinion that, from a geological standpoint, the district promised a reward to diligent and intelligent prospecting. Their general conclusion-that prospecting in the area was not then (1911) commercially advisable in view of its inaccessibility and other handicaps shifted interest from the district until, some years later, valuable discoveries were made in the Rouyn area, and aircraft widened the field of successful exploration. During the past ten years or so, considerable energy has been spent in promoting the development of the district. The net result has been the discovery of a number of prospects, the majority of which have been explored only by trenching and, in most cases, diamond drilling.

Jan 1, 1936

By W. G. Deeks

CANADIANS are world leaders in marketing metal and mineral products. Noranda Sales Corporation Ltd. is an international metal and mineral product marketing company operating from Toronto and London, England, where it operates a wholly owned sales subsidiary and is a 50% partner in Rudolf Wolff and Company Ltd., a charter member and the largest metal broker on the London Metal Exchange. Noranda Sales employs 97 people, of whom 52 are university trained and professionally competent in international resource product marketing. We market for 19 companies or divisions in the Noranda Group and 39 companies for whom we act as agent, consultant and purchaser of resource production. Our business in 1976 was 1.5 billion dollars carried out in 45 countries and covering 24 products and materials. Today, ownership of most of the mining industry in Canada has transferred back to Canadians, and this is said with the knowledge that a significant part of the Canadian industry has been Canadian owned and managed from its very early days. Noranda Mines Limited is such an example. It was born in 1922 as the result of a copper-gold showing at Noranda, Quebec, discovered by Ed Horne, a prospector, financed with a grubstake by a syndicate mainly composed of New York businessmen. Shortly after the discovery, when the shares of the company had risen, the syndicate was sold to Canadian interests and, since that time, Noranda has been dominantly Canadian owned and certainly Canadian managed. Today, over 90% of Noranda's shareholders are Canadian, who hold an equivalent percentage of the stock.

Jan 1, 1977

By Jack F. McQuat, Ross D. Lawrence

"Most geologists and mining engineers, in the course of their professional careers, frequently become involved with the appraisal of metalliferous mineral deposits and develop a familiarity with and standard approach to the evaluation of these deposits. When the same individuals approach the industrial mineral field, however, their usual approach pattern can be rudely disturbed.This paper highlights the difference in appraisal approach and outlines the factors common to both but which have entirely different emphasis. These comprise geological appraisal, analytical requirements, the importance of transportation, marketing requirements and standards, including appropriate allowances for product development, and marketing penetration.Out of these ""different"" considerations, however, a pat-tern or standard approach emerges which is as common to the industrial mineral field as that used either consciously or subconsciously in the metallic field.The paper reviews the different factors and points of emphasis and offers an outline of the common pattern of appraisal for industrial minerals."

Jan 1, 1971

By D. V. Ziehlke, J. M. Franklin, T. M. Gordon, A. G. Galley

The Snow Lake-Wekusko Lake region of northern Manitoba conta ins numerous lode gold occurrences, including the largest gold deposit in the Churchill Prov ince, the Nor Acme mine. The Aphebian volcanic and sedimentary rocks of this region are comprised of submarine volcanic strata, overlain by turbidites, both of the Amisk Group, and fluvi atile sedimenta ry strata and bimodally composed subaerial volcanic rocks of the overlying Missi Group. Gold occurs as: 1) accessory gold in volcanogenic massive sulphide deposits, 2) lode gold in shear zones related to sy n- to post-FI thrust fa ults, and 3) lode-gold associated with post-F2 fault . An alteration a emblage of biotite, al bite and calc ite is associated with both groups of lode-gold deposits, and has been superimposed on the regionall y-developed metamorphic assemblages. AJthough these deposi ts are spatial ly related to britt le-ductile faul ts of different initial ages, they appear to have all fo rmed after the major period of reg ional fo lding and metamorphism, and thus may be penecontemporaneous. The alteration is different from the sericite-ankerite-quartz assemblage that is typically associated with gold deposits in Superio r Prov ince. Deposits in thi s area of Churchill Prov ince may have formed either at a higher temperature or a deeper structu ra l level than tho e in Superior Prov ince.

Jan 1, 1986

By Michael T. McCaffrey

The wide range of potential feed materials, process steps, and products in metallurgical facilities means that standard equipment might not be available to adequately meet the project technical and economic needs. Custom designed equipment should be considered only after rigorous research precludes purchasing standard equipment. However, the decision to use custom equipment introduces a new element of risk into the project. To manage the risk, custom equipment design should be developed through the same front end loading (FEL) phases as project development. If more than incremental development of custom equipment is required, appropriate test work or pilot trials are required to test key uncertainties. Important activities during custom equipment design include maintaining clearly defined performance objectives, conducting appropriate reviews, carefully crafting commercial and intellectual property agreements with design and fabrication partners, and assembling a multidisciplinary team with sufficient development expertise.

Jan 1, 2015

By R. Heikkilä

Fluent information exchange between different work phases, software and systems used in infra construction is a key for successful execution of infra construction projects. Open and publicly available information formats with the determined data models aim to facilitate the interoperability between different software and systems developed by competitive vendors. While building and construction industry has developed and used IFC format for years, infrastructure sector has just recently started to target clear efforts on the development of open information formats for infra construction processes. In the paper, a new Inframodel3 extension just developed in Finland and based on the LandXML1.2 international standard is to be introduced. The aim of the Inframodel3 was set to meet the requirements of information transfer needed especially between BIM based design software, measurement systems and 3-D machine control systems used in road, railway and watercourse construction projects. Some test results are reported and evaluated in the paper. In the field of bridge engineering, the IFC format and IFC Bridge extension have been tested and evaluated in Finland. The results from the experiments show and verify as well the applicability of these open formats to the information exchange requirements in bridge engineering. The current limits for open information transfer of these formats are shown. The active co-operation with the International Building SMART Organization has led to the achieved status and position for both the Inframodel3 and IFC Bridge formats and hence the continuing international support provided by Building SMART.

Aug 1, 2013

The Buzwagi Project is owned by Barrick Gold Corporation and located in the Lake Victoria Goldfields of central Tanzania in the District of Kahama in the Region of Shinyanga. The property is 6 km Southeast of the town of Kahama, 3 km South and adjacent to the road between Nzega and Burundi. The Buzwagi property is 97 km South of Barrick?s Bulyanhulu Mine. There is access to the rail line which connects from Isaka to the Indian Ocean coastal ports of Dares Salaam and Tanga. The Feasibility Study and permitting were started in early 2006. Project Execution commenced in August 2007. Process Plant commissioning started in January 2009 and the first gold pour is scheduled for Q2 2009. The reserve has been established as 3.3M oz of gold plus 177M lbs of copper. The project has been developed to include a 30Mtpa Open Pit Mine and 4.4 Mtpa Process Plant. Over an expected 15 year mine life, Buzwagi is anticipated to produce approximately 3.02M oz of gold and 220,000 tonnes of copper concentrate. Infrastructure associated with the project includes a 107 km 220kV power line, site accommodation, water harvest and extensive security facilities. The project is expected to be built on budget and on time during a period of extreme market volatility. This paper reviews the initiatives taken to achieve community support, control cost escalation, maintain schedule and manage logistic challenges, plus ensure security and safety of all workers.

May 1, 2009