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By T. Urbancic, Eric von Lunen, G. Viegas, A. Baig

"The characterization of the failure process of induced fractures by hydraulic stimulation is fundamental to understanding the generation and evolution of the discrete fracture network within the reservoir. A more detailed analysis of the fracture mechanism can be a powerful tool for identifying fluid flow paths and proppant placement within the reservoir. For example, during the rupture process the energy release is partitioned into different physical processes for which the relative ratio is changed by the presence of fluids or rotations in the local stress field with relation to the frictional resistance in the fracture plane. Fractures occurring in the same host rock under the same stress conditions are expected to rupture similarly, independent of their size (self-similarity). Changes in the scaling relationships of fractures are indicative of a change in the failure process, host rock or in-situ stress. Correlation of failure process data with reservoir rock properties and the in-situ stress field will help identify regions within the reservoir with characteristic types of failures. Further correlation with hydrocarbon production data can be used to develop efficient treatment plans and production diagnostic tools.In this study we investigate the failure process of ~27,000 microseismic (M < -1) fractures induced during a hydraulic fracturing shale completion program in NE British Columbia, Canada by estimating static and dynamic source parameters, such as dynamic and static stress drop, radiated energy, seismic efficiency, moment tensor, fracture plane orientation, slip direction and rupture velocity. On average, the microseismic events have low radiated energy, low dynamic stress and low seismic efficiency, consistent with the obtained slow rupture velocities. Events fail in overshoot mode (slip weakening failure model), with fluids lubricating faults and decreasing friction resistance. Events occurring in deeper formations tend to have faster rupture velocities and are more efficient in radiating energy. Variations in rupture velocity tend to correlate with variation in depth, fault azimuth and elapsed time, reflecting a dominance of the local stress field over other factors.Further identification of spatial and temporal distribution of families of events with similar characteristic rupture behaviors, based on either rock formation, depth, source type, fracture plane orientation, stress drop, pad or proppant stage, may be used as a proxy for specific fracture network development and hydrocarbon production. This information may be used to determine reservoir properties, constrain reservoir geo-mechanical models with measured physical parameters, classify dynamic rupture processes for fracture models and improve fracture treatment designs. These will be the focus of future studies."

Jan 1, 2015

By R. C. Hartviksen, B. H. Boyum

"The Sherman Mine, Temagami, Ontario, is an iron ore pellet operation rated at one million tons per year capacity. Mining is done from three open pits in two bands of Keewatin iron-formation intercalated in a 'greenstone belt' thought to be part of the Archean 'Abitibi Belt'. The bands of iron-formation are tabular and steeply dipping, averaging 75 degrees. The principal ore mineral is magnetite.Blast holes, 1214 inches in diameter, are drilled on 28-foot centers, each hole being sampled and assayed for both total iron and magnetic iron. Concentration tests are made in the laboratory to determine the anticipated concentrate grade. Two classes of ore are recognized -'liberating' or 'refractory'. Blending is done on iron con-.tent, degree of ease of liberation (i.e. grain size) and chunkiness. The latter is important, as primary milling is done in autogenous mills. Actual daily mill results are compared with predicted grade from blast holes, exploration diamond drill holes and pit inspection. Hourly mill samples are analyzed by the X-Ray Fluorescent Analyzer, with emphasis on silica grade. In 1969, the pellet grade was improved from 7 .01 per cent silica natural to 5.50 per cent silica natural."

Jan 1, 1970

By Nehad Elsafty

It is always necessary to expand existing buildings, so that they could meet the growing societal needs. Compared with demolishing them and then constructing new ones, the expansion of existing buildings could not only reduce project cost, but also save the use of energy and raw materials in projects. Therefore, it is widely adopted in most under-developed countries. However, the expansion of existing buildings is not an easy task. It has been involved with a lot of issues in defining the scope of work, planning landscape, managing construction activities, etc. This paper investigates the potential challenges in expanding existing buildings. The project of expanding the Al-Agoza Hospital, one of the biggest and oldest hospitals in Cairo, Egypt, is selected as a case study. In the case study, the project documents have been carefully reviewed. The project engineers and the health-care professionals working in the hospital have been interviewed. This way, the point of views from the owner, the architect/engineer, and the contractor have been taken into account. Several lessons are learned through the discussion with these people. The results from this paper are expected to provide pieces of useful advice and suggestion for the expansion of existing buildings in the future.

Aug 1, 2013

By Corinne Boone

CO2e.com, LLC - launched in November 2000 - aims to be ?the global hub for carbon commerce.? CO2e.com is a subsidiary of the Cantor Fitzgerald Group, one of the world?s leading brokerage firms Recent Investor in CO2e ? Mitsui & Co. Alliance with Cantor Fitzgerald Environmental Brokerage Services Group (CFEBS) Offices in London, Toronto, Tokyo, New York, San Francisco, Los Angeles, Connecticut, Houston Primary Goals/Benefits of ET § Goals of Emissions Trading: ? Permit Industrial Growth/Expansion ? Promote Economic Efficiency and Flexibility in Meeting Air Pollution Standards § Benefits of Emissions Trading: ? Enhance Air Quality w/o Economic Stagnation ? Encourage Development of New Technology ? Foster Most Efficient Use of a Limited Resource -- Clean Air § Contributes to Sustainable Development and objectives of UNFCCC, Kyoto Protocol?.

Nov 1, 2002

By W. J. S. Craigen, G. E. Wittur

"In the context of today&apos;s continuously changing world, there are many factors which must be considered when attempting to assess the ability of Canada&apos;s primary copper producers to remain competitive in the face of increasing competition in world markets. In this paper, we have attempted to document those factors that will have the greatest impact on the future viability of Canada&apos;s copper industry, and to suggest possible strategies to fully utilize whatever inherent advantages Canada may have to enhance its competitive position. Technological factors related to the efficiency of precious and by-product metals recovery, energy type and utilization efficiency, production and sale of sulphur by-products, and control of 502 emissions are given high priority in this evaluation of Canada&apos;s future needs to remain competitive. Particular emphasis is placed on assessing the relative viability of hydrometallurgical versus pyrometallurgical processes for copper; to address uniquely Canadian conditions and problems. Due consideration is also given to the economic incentives required to allow Canada&apos;s copper producers to compete under anticipated world market conditions and to facilitate the continued development of Canada&apos;s copper resources. IntroductionWhen we try to assess the viability or competitiveness of any industry the bottom line is still usually, ""Can we produce a pound of product cheaper than the competition?"" Canada&apos;s copper industry is certainly no exception. However, as with most resource-based industries dependent upon exports, there are many factors which have a significant effect on the cost components which make up the total cost of producing and selling a pound of copper. It is desirable therefore to have as clear a picture as possible of the cost components, the major factors affecting them, and how they compare with the competition, particularly the third-world copper producers.In this paper we have attempted to provide a brief outlook for world copper markets and a brief overview of Canada&apos;s competitive position. We have also attempted to document those factors which will have the greatest impact on future production costs, and have suggested possible initiatives to utilize inherent Canadian advantages to enhance our competitive position. Special emphasis has been placed on technological initiatives designed to make full use of these ""advantages"", to develop superior beneficiation and extraction! refining technologies. Major factors considered in the present study are:"

Jan 1, 1986

By W. G. Worcester

Generally speaking, the term &apos;clay&apos; appears to convey but little to the average layman other than of a sticky substance to be rigidly avoided when making a cross-country drive in the family ark- especially so if the chains have been left behind. On the other hand, the technical ceramic; engineer, though his chariot be bogged in the self-same mud-holes, will, more than likely, be planning on ways and means for the conversion of the troublesome gumbo into paving bricks over which all might ride with pleasure and security. However, to come to the point, the term &apos;clay&apos; bears much the same relation to the ceramic world that the term &apos;ore&apos; does to the metallurgical; in other words, as there are many kinds of ores, so also are there many kinds of clays, and it therefore becomes necessary to classify and sub-classify them previous to a discussion of their relative values and importance. Hence, a brief digression will be made from the main topic of this paper in order to enumerate and classify a number of the more important types of clays. By so doing, the relative position of Saskatchewan clays, later discussed, will be better understood.

Jan 1, 1929

By C. Hunt, J. Vivas, D. M. Allen

"In this paper we present the results of a combined remote sensing - numerical modelling study to improve our understanding of groundwater seepage in open pit and natural rock slopes, and to investigate the interaction between groundwater, in-situ stress conditions and brittle fracture. The location of seepage is a key element in the characterisation of rock slope stability in open pits and natural slopes; definition of the fracture network geometry and its inter-relationship with seepage, however, remains a challenge in engineering practice. Current techniques used to characterize groundwater seepage locations require direct access to the rock slope for a detailed and exhaustive investigation, and can be severely limited due to access and the limited coverage of the survey methods both with respect to the height and length of the sampled rock slope. Herein, we describe remote sensing methods, which allow the collection of structural and seepage information over a wide spatial area. Remote sensing techniques are shown to have the potential to provide additional insights into the orientation and general connectivity of fractures that may play a major role in the general stability of a rock slope. A preliminary methodology for the use of remote sensing in the characterization of seepage zones in a natural slope through the application of ground-based LiDAR and Infrared Thermography (IRT) is presented.One of the most challenging problems in rock slope engineering is the realistic simulation of fluid flow through fractured and deforming rock slopes. Deformation and the development of brittle fractures can cause significant local changes in the permeability and strength of the rock mass, potentially affecting rock slope performance. Understanding fluid flow through fractured and deforming rock slopes, especially in highly-stressed environments is of great importance for slope stability analysis. Changes in the interconnectivity of fractures during slope failure are an important, yet are relatively unstudied in rock slope engineering. We present the results of hydromechanical UDEC-Trigon rock slope models focussing on the potential role of brittle fracture in rock slope failure, its interaction with groundwater pressures, and the influence of the assumed in-situ stress ratio. Damage intensity parameters are used to characterize damage within different regions of a biplanar slope failure."

Jan 1, 2015

By The Staff

"IntroductionThe published information concerning treatment of uranium ores has been very limited as far as Canadian ores are concerned. Such information has dealt mainly with refining processes for concentrates or rich ores, designed to recover radium rather than uranium; these methods could not be economically applied to low-grade ores.The purpose of this paper is to describe treatment possibilities for some of the .ores that have been treated at the Mines Branch, and .to show how the character of these ores influences methods and results.What is a Uranium Ore?Prospecting for uranium has been extremely active during the past two years and a great many occurrences of radioactive minerals have been recorded. Such prospecting has been based to a large extent on the use of the Geiger counter in the fie1d. This equipment is an invaluable aid when the results are properly interpreted.Most definitely, indications of high radioactivity do not always prove the presence of a valuable orebody. First we have to determine:(1) Is the radioactivity due to uranium or to thorium. There is no immediate market for thorium.(2) Can the uranium in the ore be economically recovered.Chemical analysis is the most exact method of determining uranium content, but a fair estimate of the uranium, and also of the thorium, content can be made from the difference in gamma and beta activity. The Mines Branch guards against misinterpretation by determining both beta and gamma activities and, if more than a minor amount of thorium is indicated, then a Chemical analysis is made."

Jan 1, 1950

By Thom Mambe, Angelo Fernando

The objective of this work was to identify key parameters related to the reduction of the sulphur content in ammonium diuranate (ADU), and the identification of solid products being formed under various operating conditions. A laboratory-scale, continuous ADU precipitation circuit was assembled using a glass reactor vessel immersed in a temperature-controlled water bath. A pre-prepared uranium feed solution was fed continuously using a peristaltic pump. Anhydrous ammonia mixed with compressed air was metered and pumped using a double-headed peristaltic pump. An over-head mixer was used to keep the solids in suspension. The precipitated ADU slurry was removed from the reactor at the same flow rate as the feed solution. The slurry was sampled to generate ADU solids for chemical and physical analysis after four hours of continuous operation to ensure steady-state conditions. The following variables were studied to determine their influence on the sulphur content in the resulting ADU. (a) sulphate:uranium molar ratio in the reactor (1:1, 1:5, 1:10 and 1:20) (b) precipitation pH ( pH 6, 6.5, 6.9, 7.5 and 9) and (c) precipitation temperature (40C and 60C) A total of 18 tests covering the above parameters were conducted, and the results indicated that the sulphur content in the resulting solids was highly dependent on the reaction pH. Out of the pH levels tested, tests completed at pH 6.9 and 7.5 generated solids containing the lowest sulphur contents, between 0.5 to 1.5% S uranium basis (UB). The sulphur content in solids was found to vary linearly with the sulphate:uranium ratio in the feed solution, showing a statistically valid correlation. The impact of temperature was minor between 40°C and 60°C, with a slight advantage at higher temperatures. Tests at a sulphate:uranium ratio of 1:1 produced solids with the lowest sulphur contents. The influence of pH or temperature on sulphur content in solids was almost non-existent at this sulphate:uranium ratio. Precipitation pH is the major factor influencing ADU sulphur content, followed by the uranium to sulphate ratio.

Jan 1, 2020

By L. Xia, B. Hart, G. Gingras, M. Furlotte

Plant and laboratory test work was performed in order to optimize a copper/zinc flotation separation circuit at Matagami concentrator, Canada. The testing identified a significant difference between the laboratory testing and the plant flotation, particularly for the sphalerite recovery in the rougher copper concentrate. Tests indicate that sphalerite recovery of the flotation concentrate in the laboratory testing was significantly higher than in the plant. The ToF-SIMS surface analysis identifies surface species responsible for the discrepancy in Zn recovery. It shows that sphalerite flotation is in response to the collector attachment and a significant enrichment of Cu on the surface of sphalerite grains. A comparative surface chemical analysis was performed on both sphalerite and chalcopyrite grains from the plant flotation and laboratory testing in order to identify surface species variability between the two testing. Two significant observations were revealed. First, there is considerably more hydrophilic iron oxyhydroxide on sphalerite surface from the plant flotation sample relative to those from the lab testing. The secondary coating likely completely or partially passivates sphalerite surfaces, reducing Cu enrichment and hence sphalerite floatability. Secondly, comparing the surface chemistry on sphalerite and chalcopyrite, the hydrophilic iron oxyhydroxide species have preference for the sphalerite grains relative to chalcopyrite. Despite numerous studies on the effect of galvanic coupling during grinding, there is limited documented evidence on the effect of the milling environment on the flotation and plant operations. This observation suggests that interaction between sulphide minerals and grinding media have a significant influence on subsequent flotation. This paper discusses the results of a detailed surface chemical evaluation of sphalerite grains from both the plant and laboratory testing in the context of grinding environments and pulp chemistry.

Jan 1, 2016

By Roland B. Hoag, Roger G. Webber

Sulphate concentration in groundwater is a good measure of the extent of oxidation of sulphides, provided that sulphide minerals are the primary source of the sulphate. A study was conducted near the Eustis Mine in Quebec to determine where and how the sulphate in groundwaters originated. Atmospheric precipitation is the only source of sulphate other than oxidation of sulphides, and in this study area it is equal to 0.01,. millimole per litre. The oxidation of sulphides can be divided into subsurface oxidation (mainly inorganic processes) and surface oxidation (including both organic and inorganic processes) . The maximum sulphate concentration due to subsurface oxidation of sulphides depends on the solubility of 0 2 in water and is 0.25 millimole per litre. Surface oxidation is, therefore, responsible for any amount greater than atmospheric plus subsurface contributions (0.29 millimole per litre). Surface inorganic oxidation occurs in waters with a pH greater than 15 and is controlled by the kinetics of the oxidation processes. Organic (bacterial) surface oxidation is dominant only in acid (pH< 1.5) waters. The bacterial action accelerates the oxidation of sulphides, and large quanttties of sulphate may be introduced into solution.

Jan 1, 1976

By R. F. Coulter

THE Flin Flon concentrating and metallurgical plants (Figure 1) of the Hudson Bay Mining and Smelting Co., Limited, lie adjacent to the town of Flin Flon, on the Manitoba-Saskatchewan border, 400 miles northwest of Winnipeg. Since the start of milling operations in 1930, over 50 million tons of ore from the Flin Flon mine have been treated in the concentrator. During the past few years, newly discovered orebodies have been brought into production and their ores processed at the company's main metallurgical plants. All these properties are within a 75-mile radius of Flin Flon and have aided substantially in augmenting plant metal production as well as retarding depletion of ore reserves in the Flin Flon mine. •Current satellite producers are the Schist Lake, Coronation, and Chisel Lake mines. The Schist Lake mine, located 3 ½ miles southeast of the main plant, is a copper-zinc producer. It was brought into production in 1954. The

Jan 1, 1962

By N. Saracoglu, J. P. Golightly, R. H. Wallis, J. J. Brummer

"The McClean uranium deposits are in northern Saskatchewan, 11 km west-northwest of the Rabbit Lake mine. Their average grade is 1.8% UJ0 8 and they contain 6,350 tonnes of uranium oxide in seven pods of variable grade and mineral assemblage. They are hosted by both basal Athabasca Group and the regolith developed on the underlying crystalline basement. The major mineral facies are: sulphide, arsenide, &apos;bleached&apos;, and hematite, with the important uranium minerals being coffinite, uraninite and pitchblende.Abundances of carbon and sulphur isotopes are consistent with their derivation from pyritic graphite in basement gneisses. Isotopes of oxygen and hydrogen suggest mineralizing fluids were aqueous and at temperatures of about 200°C. Ar39/ Ar40 laser age determination of illite indicates mineralization began about 1300 m.y, ago and that significant hydrothermal alteration ceased about 1170 m.y. ago though Pb/U data suggest the deposits continued to evolve into the Mesozoic.The deposits are interpreted as the result of oxidizing ground water stripping uranium and other metals from either the Athabasca sandstone, especially the heavy mineral layers, or from the regolith, and precipitating these when encountering a warm reduced fluid emanating from the basement."

Jan 1, 1984

By G. M. Brownell

Introduction Within the past year a new deposit of gypsum has been opened up and brought into production in the Province of Manitoba. Until 1930, Manitoba&apos;s entire production came from Gypsumville, northwest of Winnipeg, at mile 161 on the Gypsumville branch of the Canadian National railway. However, during 1930 a gypsum bed was opened up at a point one mile south of the village of Amaranth, forty miles north of Portage la Paririe, on the west side of lake Manitoba (See Figure 1). Although no exposure has yet been discovered, the presence of gypsum below the surface in that district has been known for many years as the result of drilling for water. In 1929, J. R. Spear (1), of Winnipeg, interested some local capital in the possibility of .finding commercial deposits of gypsum, and, after some exploration work in the area with a well drill, the Amaranth deposit was located. Sixteen holes were put down at intervals of 400 or 500 feet, all of which encountered what appeared to be a continuous bed of gypsum, about thirty-eight feet thick, at a depth of 92 feet. The extent of the deposit has not yet been determined.

Jan 1, 1931

By J. J. Baz-Dresch

"The Cannon Mine, a joint venture between Asamera Minerals (the operator) and Breakwater Resources, is located in the centre of Washington state at the eastern base of the Cascade Mountains. The mine complex is located three blocks south of the city limits of Wenatchee, part of an urban area with a total population of 47 000. The closest residence is 350 feet from the mine portal.The B-Neath zone is a narrow, high-grade, downward extension of the southern tail of the mine&apos;s main ore body, the B-North zone. It also underlies the northernmost portion of the B-West zone (Fig . I) . The ore is usually reasonably competent but completely surrounded by very weak rock consisting of shear zone and unsilicified sandstones and siltstones.The zone has maximum dimensions of 420 ft in thickness, 500 ft in length , and 200 ft in width . The economic reserves extend from the 70-ft elevation (elevation above sea level) to the 630-ft elevation and consist of about 1.3 million tons of geologic reserves (proven and probable) at an average grade of 0.33 ounces per ton.Acquisition and ExplorationInitial DiscoveryThe initial discovery of the B-Neath zone was made by Tenneco Minerals during July through September, 1984. Their 22-hole surface drilling program consisted of 18 200 ft of drilling. Tenneco Minerals had acquired the 91/2 acre lease from United Mining Corporation.Asamera Minerals subsequently purchased Tenneco&apos;s lease in July, 1985; Tenneco retained a royalty position which was later purchased by Echo Bay Mining.Follow-up drilling by Asamera Minerals consisted of both surface and underground drilling. Eight surface holes (7200 ft) were drilled commencing in December, 1985. Following evaluation of the geologic data, an access drift was driven on strike along the top of the ore zone on the 500 level. Diamond drilling from this platform consisted of 17 200 ft in 79 holes."

Jan 1, 1990

By Gareth Barnes

Traditional approach to improvement is driven by good ideas from good people, but whilst the business case may sound good, when the project is complete, we often have not delivered on expectations.  Why not? The best way to successfully predict the outcomes of an improvement effort in a complex process is through using statistical modelling, which considers the impact of uncertainty within interacting processes.  Applying Theory of Constraints in a model helps leaders to quickly determine: Where the constraining process(es) is/are Where improvements will add the most value How much improvement should be targeted - before the next constraint takes over The confidence level of achieving a given target, which gives us a clear pathway to improvement. This paper presents an analysis of statistical modelling applications at Vale’s Manitoba Operations to achieve the 2025 targets. Using statistical modelling of the Business Structure, the team identified a series of process improvements through a Theory of Constraints Analysis. Value Stream Maps (VSMs) were used to define the required data, apply statistical modelling, and conduct training sessions enabling the Manitoba team to identify the constraining influences. Scenario testing in the Statistical models helped identify the Hierarchy of Constraints and specify the pathway to improvement. How to Improve a Business Video link https://vimeo.com/344418155

May 4, 2025

By William Hawker, James Vaughan, Jeff Chen, Antony van der Ent

"Nickel agromining utilizes hyperaccumulator plants (“metal crops”) to extract nickel from low-grade soils, a process that yields high-grade nickel bio-ore. This feedstock is further processed into a range of nickel products. The bio-ore is relatively free of impurities that complicate the traditional processing of laterite nickel ores. In this paper, current primary nickel processing routes and proposed nickel bio-ore processing options are summarised. A novel pyro-hydrometallurgical route demonstrated at the laboratory scale is described. This process produces a precipitated nickel hydroxide product and takes advantage of the water-soluble basic compounds in the ash to minimise reagent requirements, thereby making it suitable for small-scale implementation in close proximity to the nickel farm. In this process, nickel is precipitated from the leach solution using the basic ash wash liquor. Leaching nickel from ash generated from open air burning requires strong acid and long residence times to obtain high recoveries due to its complex nature and distribution of nickel in multiple phases. This process can be improved by optimising the ashing process with respect to nickel leachability.INTRODUCTIONHyperaccumulator plants have the unique capacity to ‘biopurify’ and concentrate certain trace elements (e.g. nickel) from the soil into their biomass (Reeves 2003; van der Ent et al., 2015). Cultivating these plants as ‘metal crops’ by periodically harvesting and incinerating their biomass generates a high-grade bio-ore (Chaney et al. 1998; Li et al. 2003). This process is called phytomining or ‘agromining’ which is an emerging technology for extracting nickel from sub-economic resources (van der Ent et al., 2015). Potential near-term applications of the technology include implementation on land ahead of processing of the underlying ore-body (Willis 2015), as a mine-site rehabilitation strategy or as an alternative crop for farmers on land that is not suitable for normal food crops. In the longer term, nickel agromining could provide a significant supplement to the nickel supply chain. Critical to the success of agromining is effective bio-ore processing. Due to the unique chemical composition of this feedstock material, existing processes are not very efficient. Our current research efforts aim to develop new process options that overcome limitations of previously trialled routes. In this paper we summarise conventional nickel process routes and proposed new options for producing agromined nickel."

Jan 1, 2016

By M. H. Pettibone

Sohio Petroleum Company&apos;s new L-Bar uranium mill near Grants, New Mexico. refines 2722 kilograms of yellowcake daily from 1360 metric tons of ore produced at Sohio &apos;s J.J. No. 1 mine and other nearby mines. This paper follows the ore from the mine through the various processing steps - semi-autogenous grinding, acid leaching , countercurrent decantation, solvent extraction , ammonium diuranate precipitation, washing and drying, and tailings disposal.

Jan 1, 1978

By P. Diehl, M. David

"As shortage in the supply of mineral commodities become more probable, there is an increasing need for reliable and comparable reserve/resource data. It is therefore necessary to standardize the traditional classification procedure by quantifying the three basic criteria in resource evaluation: economic feasibility, geologic assurance and recovery. For the portion of fairly well documented deposits and as far as their geologic parameters are concerned, geostatistical methods can considerably improve the quality of ore classification. In respect of economic feasibility and recovery, approved geostatistical methods can be introduced directly into the classification procedure. The concept of geologic assurance, however, requires a new interpretation in terms of geostatistical error spread. As the ""risk"" in estimating an ore parameter is also a function of the respective block size, it is reasonable to define not only upper limits for the risk intervals for each class of uncertainty, but also block dimensions which reflect the typical stage of planning associated with the different ore categories. An algorithm has been developed to block out areas inside a mine or a large panel which satisfies the constraints of an ore category in respect of the risk intervals of a parameter and in respect of their size. The method has been computerized and is demonstrated on a massive copper-nickel deposit.IntroductionFacing an uncertain future with respect to the demand and supply of mineral commodities, both governmental authorities and the mining industries show an increasing interest in a useful framework for the assessment and classification of the remaining mineral resources"". This is reflected by the recently published appraisal and classification scheme of the United Nations as well as by the new or revised classification systems of the USA; Canada or Australia. Moreover there are various classification schemes which are currently discussed in major mining companies."

Jan 1, 1982

By A. W. White

Introduction To discuss all the technical details of incorporation laws, security laws, underwriting procedures, codes, and ethics-as laid down by varous associations -would be impossible in the time which has been allotted to me. My remarks, therefore, will be made in a very general way and will naturally be coloured with experiences which my firm and I have had. There is a common expression that "money makes the mare go". I hardly have to mention here that the best prospect in the country is of very little value unless its prospects can be developed-and this requires large capital expenditures. The art and problems surrounding the raising of this money is a long and interesting story. Since by its very nature mining is risky, the appraising of its risks in the many phases of its development programme is continuous. Very few men-if any-and very few corporations -if any -can afford to take all the risk of mining. Because of taxation policies-and the very scheme of present-day living -the truth of this statement can be seen throughout the whole industry by a close examination of the records. Since this is so, it is essential that the mechanics of distributing risk on a sound, and equitable basis be known to those engaged in the business and to the investor or spectator who proposes to risk his funds in the industry. Perhaps the greatest stimulant to modern business activities has been the creation of corporate bodies. It is evident, from the number of charters being granted by various jurisdictions, that this method of doing business is becoming more and more important. A limited company -or corporation-can be defined as a fictitious person existing solely in contemplation of the law.

Jan 1, 1951