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By C. Van Den Heuvel, C. B. Van Buuren

BIOX® has been successfully demonstrated over the past 2 decades for the recovery of gold from refractory sulphide concentrates. To date 12 successful BIOX® plants have been installed in 8 countries spanning 4 continents with the 13th installation currently nearing completion in the Philippines. In 2010 BIOMIN introduced the ASTER™ process for improved water balances in commercial BIOX® applications by supporting tightening environmental legislation on water usage and availability in both arid and tropical regions. Previously, a common challenge for BIOX® plants was the inability to recycle thiocyanate containing water due to the low tolerance of the organisms. ASTER™, a biological thiocyanate and cyanide destruction process, renders a non-toxic solution for re-use in BIOX®. Two commercial ASTER™ plants are in operation with the 3rd ASTER™ plant under construction in the Philippines. A 3rd BIOMIN technology, specifically developed for double refractory ores is available for implementation. The HiTeCC process has shown considerable success on ores where competition from disseminated carbon has rendered ineffective gold recoveries. Through HiTeCC, gold is desorbed from the carbonaceous matter by manipulating the ionic strength and temperature of conventionally treated CIL product. One Australian commercial plant utilises HiTeCC while a 2nd installation is set for commissioning 4th Quarter 2014. BIOMIN’s premier solutions for refractory gold processing are described herein.

Jan 1, 2014

By Gaston Gendreau, Marcel Allard

"Sidbec-Normines Inc. est une société formée de trios partenaires soient: Sidbec, British Steel Corporation et la Compagnie Minière Quebec Cartier. L'objectif de l'opération minière est d'exploiter à ciel ouvert le gisement d'hématite spéculaire de Fire Lake et de produire au concentrateur de Lac-Jeannine, près de la ville de Gagnon, 6 million de tonnes de concentré pour alimenter l'usine de bouletage de Port Cartier.Le présent exposé a pour but de fa ire ressortier les caractéristiques d'une opération dont la mine est située à plus de 100 km du concentrateur, d'en faire ressortir les particularités touchant le transport du personnel et du minerai. En plus, on traitera de l'importance dans une telle situation d'une organisation efficace dans la gestion des services et de l'opération (atelier, concasseur, entrepôt, etc.).IntroductionSidbec-Normines Inc . a entrepris l'exploitation minière du gisement de Fire Lake, le 1er janvier 1977. Le but de l'entreprise est de produire annuellement six millions (6 000 000) de tonnes de concentré d'hématite (oxide de fer) titrant 66% Fe au concentrateur de Lac-Jeannine a partir d'un minerai d'une teneur moyenne de 33% Fe, extrait de la mine de Fire Lake. Ce concentré est ensuite achemine à Port-Cartier et alimente I'usine de bouletage.Les installations minières de Sidbec-Normines sont situées a trois endroits différents : la mine à Fire Lake, le concentrateur à Lac-Jeannine et l'usine de bouletage à Port-Cartier. La mine de Fire Lake se situe à 83 km de la ville de Gagnon et à 100 km du concentrateur de Lac-Jeannine. Une route provinciale relie la ville à la mine et au concentrateur. Le minerai est acheminé de la mine au concentrateur par chemin de fer et le concentré est transporté par train sur une distance de 309 km à l'usine de bouletage de Port-Cartier."

Jan 1, 1982

By B. Tonn, F. Kröger

"The continued development in engine technology is leading to an augmentation in power density which steadily elevates the requirements for thermally and thermo-mechanically highly loaded components such as cylinder heads and pistons. Due to these high performance requirements conventionally applied Al-Si alloys have reached their application limits, since their mechanical properties deteriorate quickly under the influence of heat. Improved applicability is given by Al-Cu-based casting alloys which have a superior high-temperature strength than Al-Si alloys. Since Al-Cu alloys exhibit insufficient casting characteristics, especially regarding hot tearing susceptibility and increased tendency for porosity, it is currently not possible to cast geometrically complex components in robust permanent mold casting processes. The further development of Al-Cu alloys is aimed at finding an optimum between improved castability while high-temperature strength and thermal conductivity are not deteriorated. It is known that a high amount of eutectic reduces the hot tearing susceptibility of an alloy, but it reduces thermal conductivity at the same time. In this paper it will be presented how the conflicting objectives – improved high-temperature strength, good thermal conductivity and reduced hot tearing susceptibility – can be brought together to develop an optimized Al-Cu alloy for application in permanent mold casting.INTRODUCTION At the beginning of the 21st century car, engine blocks were primarily made of gray cast iron (GJL). Less than half a decade later, the choice of material had shifted towards lightweight materials. Ever since, the car engine manufacturing is dominated by aluminum-based alloys. The weight of car engine blocks could thus be reduced by around 50% due to the lower specific weight of aluminum alloys compared to gray cast iron. Furthermore, the high thermal conductivity of aluminum alloys allowed a reduction of complex cooling channel systems and thereby promoted the advancement of this material group. The further development in engine technology leads to an augmentation in power density which elevates the requirements for thermally and thermo-mechanically highly loaded components. For example, in diesel-powered car engines the upper required limits can reach an ignition pressure as high as 230 bar and gas temperatures of up to 1000°C. Thereby, thermal loads can cause high alternating thermal stresses (Grzincic, 2003) which can effectively be reduced by providing high thermal conductivity."

Jan 1, 2017

By C S. Walker

This paper analyzes the physical, operational and economic site conditions which were conducive to the design of a diesel-electric power plant wherein the over-all use of the thermal energy of the fuel exceeds 80 per cent. The heat energy supplied to the diesel engines is recovered in power generation, vapour phase cooling, waste heat boilers, air to exhaust gas heat exchangers and lubricating oil coolers. Electric boilers are also integrated into the plant design to enable the ratio of electric power output to heat recovery to be varied to suit the seasonal and daily variations. The criteria relative to thermal and electric power design requirements are discussed, and the design details of some parts of the plant which conform to these criteria are illustrated. Some data in regard to the actual operation of the plant over a short period are also included. Introduction THE Cantung mine (Canada Tungsten Mining Corporation) is located some 180 miles north-east of Watson Lake, Yukon Territory. It is situated on the upper reaches of the Flat river at an elevation of about 3,700 feet.

Jan 1, 1965

By A. N. May

"This paper describes the present approach of the Mines Branch to the problem of measuring the stress condition in the interior of rocks surrounding underground openings. An instrument, which will be referred to as a stressmeter, has been developed at the Mines Branch to measure un-directional stress changes in absolute units. There are two modes of operation of this stressmeter. It can be regarded as a fixed instrument, in which case it is installed at the end of a diamond drill hole and left in position to record any subsequent stress changes taking place. Alternatively, three of the stressmeters can be used in conjunction with a trepanning opera-tion to allow the existing stress condition to be determined. The initial laboratory work and subsequent experiences in the field with the stressmeter are described. All the field development work on the stressmeter was made possible through the co-operation of Canadian Refractories Limited, Kilmar, Quebec."

Jan 1, 1960

By A. Pawelczyk, D. Hreniak, E. Zych, W. Strek, K. Grabas, A. Ostrowski

"Nowadays recycling became an important rare earth elements (REE) source, which allows to reduce their demand for extraction from natural deposits. At present, the used fluorescent lamps and old type TV or computer monitors kinescopes are selectively collected and undergo processing in the system of recycling. It has been estimated, that utilization of such waste would be sufficient to cover the REE demand for the next 5-8 years. In the developed process, the luminophores were separated from the electronic and electronic waste materials, and processed by hydrometallurgical methods to obtain concentrated REE in form of oxides. INTRODUCTIONInternational Union of Pure and Applied Chemistry (IUPAC) defines the rare earths as a set of seventeen chemical elements, specifically the fifteen lanthanides plus scandium and yttrium. They are considered the most important indicators of the developed technologies and techniques. Rare earths are used, amongst others, for the production of magnetic and superconducting materials, ceramics, lighting, catalytic converters, advanced electronics and alloys. The demand for RE continually increases, similarly to many other primary raw materials. Globalization, the growing demand for limited resources of raw materials, the policy of the countries controlling the raw material market and the economic crisis became a spur for new programs of socio-economic development of the European Union (EU), with particular regard to EU safety for commodities in intermediary as well as long-term horizons (COM 2008), COM 2011).EU countries import most of metallic and chemical raw materials important for their economy. In 2008 a detailed program named Raw Material Initiative was announced. The increase in demand for most raw materials having special importance for the development of technology, and access to of raw materials security of supply affect the future economies of the UE member states and other developed countries."

Jan 1, 2012

By S. J. Cook

Copper, a world commodity, and the first metal used by man, played a great part in the beginnings of modern civilization, which rests so dependently on the utilization of metals. Then, long after the close of the so-called 'bronze age,' when iron and steel had attained great prominence as the world's most important metals, the practical application of electricity to industry and commerce, for the improvement of every phase of man's multitudinous activities, gave a new impetus to the production of copper. Improved metallurgical practice made it possible to work low-grade properties at a profit. Research disclosed many new uses for copper. The metal, now produced from the mines of the world in the proportion of about one pound to every 50 tons of pig iron, has attained an importance which rivals that of iron and steel in the commerce and daily life of every nation. New fields of copper-bearing ore have been discovered in Canada in recent years. Established mines in the United States and Chile are producing on a great scale. Africa looms up as one of the great question marks in the future of copper. Whereas, a few years ago, the end of the world?s resources was predicted as being in sight, the evidence now available seems to show that the copper production of the world is likely not only to continue, but to increase for a long time yet to come. Canada's future in copper is a great subject; in the present paper only a few of the most outstanding factors affecting Canada's destiny in this large field may be noted, but if consideration of the points raised herein serves to focus attention on the magnificent possibilities of Canada as a producer of copper, the preparation of the paper will be more than justified.

Jan 1, 1928

By C. Liu

Zeta potentials and settling rates of an oil sands tailings sample taken from Syncrude Canada Ltd's Aurora Stacker Pilot Operation were studied. Two clay minerals, kaolinite and illite, were also studied since these are the major constituent minerals in the fine oil sands tailings. Process water, decanted water as well as distilled water were used. It was observed that the zeta potentials of the tailings solids showed maximum negative values in process water at pH 8-10, which coincides with the pH of commercial hot water bitumen extraction process. The settling rates of the tailings sample were very low, at 0.008 m/hr in decanted water and 0.04 m/hr in process water. The rates were increased to 1.0 m/hr in decanted water and 0.13 m/hr in process water at an addition of 50 g/t Ciba AF1235. Although the settling rate was higher the supernatant was cloudier in decanted water than in process water. Further increase in the dosages of Ciba AF1235 did not increase the settling rates in decanted water but gradually increased it in process water, reaching 0.46 m/hr at 100 g/t. The results indicated that lower concentrations of Ca2+ and Mg2 (in decanted water) benefited settling rates but did not benefit supernatant clarity. Test results also indicated that Ciba AF1235 caused selective flocculation of the tailings sample, since the top sediments had higher illite and lower quartz contents than the bottom sediments.

Jan 1, 2006

By Rodolfo Zanella

Au/TiO2 catalysts prepared by deposition-precipitation with NaOH (DPN) (~3 wt%) and urea (DPU) (~8 wt%) were tested in crotonaldehyde hydrogenation at atmospheric pressure. There is no differences in activity (mole.gAu -1 s-1) and selectivity between both DPU and DPN samples for a given activation treatment. This is due to the fact that DPU and DPN samples exhibit similar gold particle size distribution, although the gold loading in DPU is much higher that in DPN. The DPU samples were reduced under H2 at different temperatures (120-500 °C) or under air at 300 °C with various flow rates, to vary the average particle size within a large range, 1.7 to 8.7 nm. The selectivity to crotyl alcohol (selective hydrogenation of the carbonyl bond) is high, 60-70 %, and almost constant as a function of the particle size. The selectivity to crotyl alcohol is also constant for conversions between 10 and 50%. These results suggest that the adsorption mode of crotonaldehyde is of ?3 or ?4-type. In contrast, the TOF depends on the gold particle size, it drastically increases when the gold particle size is ~2 nm. Our results are in agreement with former studies that suggest that the gold atoms involved in the hydrogenation process are those of low coordination.

Oct 1, 2003

By E. Lee Cameron

The old mine workings on four barite-fluorite veins of the Lake Ainslie district, Nova Scotia, were opened recently and channel sampled. The samples were then forwarded to the Ore Dressing Laboratories, Bureau of Mines, Ottawa, for chemical analyses. Following the analyses, the sample rejects were combined to form bulk samples, representing ore from each vein, for small-scale batch test work. Tonnage samples from the veins, for pilot mill testing, were submitted when requested by the Bureau. The results of the analyses on the channel samples showed that there are two grades of ore in the di strict, represented, for test purposes, by the Trout River vein and Johnson vein ores. Small-scale and pilot-plant test work was undertaken on both these ores. The Trout River ore is amenable co concentration but, because of the high-barite-co-fluorite-co-calcite ratio, a fluorite concentrate was not obtainable from the Johnson vein ore as received. However, Johnson ore blended in a 1 :1 ratio with Trout River ore gave a mill feed that was readily concentrated. The test work on these ores showed that the following concentrates are obtainable : (a) A barite concentrate, with a recovery of 85 to 95 per cent of the available barite, analysing 93 co 96 per cent BaS04, 4 co 6 per cent CaF,, and 0.5 co 2 per cent CaCO3. (b) A fluorite concentrate, with a recovery of 80 co 85 per cent of the available fluorite, analysing 94 to 97 per cent CaF, , 1 to 3 per cent BaSO., and 1 to 3 per cent CaCO3

Jan 1, 1945

By François Robert, Rex Brommecker, Don S. Bubar

"The Orenada Zone 4 deposit is a small vein-type gold deposit occurring directly within the Cadillac Break southeast of Val d' Or in southeastern Abitibi Sub province. Mineralization is hosted by the Piche Group which, on the Orenada property, consists of talcchlorite- carbonate, chlorite-carbonate, and sericite-chlorite schists, derived from ultramafic volcanic, mafic igneous, and intermediate to felsic volcaniclastic rocks, respectively. All these rocks have been carbonatized.Rocks of the Pichi Group display a strong east-west, subvertical S1foliation, which is superimposed by asymmetric, intrafolial F2folds with shallow to moderate plunge to the east and to the west. F2folds are accompanied by an S2, subvertical axial planar cleavage, and are interpreted to result from dextral transcurrent shearing along sr.The Zone 4 deposit occurs within a large F2 fold, 60 m wide and plunging at 45 to the east, down to a depth of at least 300m. The auriferous zones consist essentially of zones of closely spaced, parallel quartz-tourmaline-albite-carbonate-arsenopyrite veins concordant to Sr these veins have been folded by the large F2fold and may pre-date the folding. A few discordant quartz-tourmaline-arsenopyrite veins, post- dating the F2 folding, also contain gold. Wallrocks adjacent to concordant veins have been carbonatized, albitized and contain significant amounts of tourmaline and arsenopyrite, with which gold is intimately associated.The Orenada Zone 4 deposit is a unique example of a deformed vein- type gold deposit, and exemplifies one of several types of association of lode gold deposits with folds."

Jan 1, 1990

By D. S. Salonine

Aluminum alloys offer a wide range of capability with a unique combination of advantages that makes them the materials of choice for numerous products and markets. One of the most important applications is their use as the primary structure and outer envelope in aerospace vehicles. Wide and thorough studies on hot working and microstructure evolution of aluminum alloys have been made in Russia. The most important appear to be: - introducing the structure diagrams in strain rate - temperature coordinates which show areas of different microstructures (non-recrystallized, recrystallized, and mixed) after the hot deformation and the following heat-treatment for common aluminum alloys (Yu.M. Vainblat); - studying the press-effect ("structural effect" by V.I. Dobatkin); - learning the influence of hot worked substructure on aging mechanisms; conducting researches on press heat-treatment. These works allowed a deeper understanding and a better control of the mechanical behavior of aluminum products. Comparisons are made to equivalent developments in Europe and America.

Jan 1, 2004

By L. B. Tsymbulov, N. A. Fedorova

The equilibrium of exchange reaction (Cu20)+[Ni]=(Ni0)+2[Cu] taking place in the course of interaction of metallic nickel-containing copper melts with different oxide melts (Cu20-NiO, Cu20-NiO-Si02, Cu20-NiO-FeO(Fe203)) in the area of their homogeneity has been studied. The studies, based on the known value of equilibrium constants and defined copper and nickel activity indices in metallic melts and equilibrium concentrations of Cu, Ni, Cu20 and NiO, determined the YNio/ycu2o ratios in the oxide melts of the above systems. For the equilibrium between nickel-containing copper and binary oxide melt Cu20-NiO, values of YNiO and Ycu2o were determined both by calculation and experimentally. Based of the data conclusions regarding oxide melts construction are presented.

Jan 1, 2007

By Xiang-dong and Zhu, Xia-jie Hao, Yi-lin Fan, Quan Jiang, Lian-xing Hu, Xia-Ting Feng, Shao-jun Li

"Columnar jointed basalt (CJB), which typically originates from lava flows, is characterized by a special geological structure. The joint network inside the CJB is self-organized into a rough hexagonal arrangement. The field test and measurement during the unloading excavation showed that the columnar joint sets and other internal joint sets not only are important for determining the mechanical properties of the CJB, but also induced its asymmetric unloading deformation and failure. A constitutive model, which considered mechanical deterioration of both the joint sets and rock blocks, was also developed to simulate the unloading behaviour of the CJB. The crack-confinement supporting method for surrounding CJB was developed to overcome the failure of columnar jointed rock mass in the diversion tunnel. Application to the CJB segments of the diversion tunnels in the Baihetan project indicated that this supporting method was reasonable and efficient. INTRODUCTIONColumnar jointed basalt (CJB) rock mass, which typically originates from lava flow, is characterized by a special joint structure. The joint network of the CJB is self-organized into a roughly hexagonal arrangement and leaves behind an ordered colonnade. The widely accepted current view regarding the formation of columnar jointing involves a thermally induced contraction–cooling mechanism (Peck and Minakami, 1968; Degraff and Aydin, 1987; Budkewitsch and Robin, 1994; Lore et al., 2000; Goehring et al., 2006). Although the columnar basalt formation mechanism is fairly understood, the geotechnical characteristics of such rock mass are not well established. In practice, joint sets always induce the multi- failure modes of surrounding rock in the tunneling space (Ibarra et al., 1996; Waltham and Swift, 2004; Mahendra and Bhawani, 2008).According to conventional wisdom in rock mechanics, structural joints affect the mechanical response of rock mass by introducing strong anisotropic effects (Barton and Bandis, 1980; Hudson and Priest, 1983; Brady and Brown, 1985). The columnar jointed rock mass should be considered an anisotropic material given that the joint sets are distributed with some principal directions and characteristic spacing distributions (Cundall and Fairhurst, 1987; Hoek et al., 1998; Wu and Wang, 2001; Budetta and Nappi, 2011; Fortsakis et al.,2012). Columnar jointed rock mass would result in structurally controlled failure patterns, even serious disasters during underground excavation because of the low shear and tensile strengths of intensely joints (Gencer,1985 ;Ishida and Uchita, 2000; Jia and Tang, 2008). The CJB rock mass in the Baihetan hydropower station has exhibited serious stability issues, including sliding, fracturing and even collapse (Shi et al.,2008). Therefore, the geotechnical and geomechanical characteristics of such rock mass should be assessed through in situ investigation and numerical analysis to minimize future accidents during underground unloading excavation."

Jan 1, 2015

By M. G. Stamatakis, C. Zagouroglou, C. Helvaci, J. Kanaris

"Abstract -Borate minerals, such as colemanite, ulexite and borax, have been reported in Tertiary continental basins of West Anatolia, Turkey, and Samos Island, Greece.Tuffaceous rocks interbedded with the borates are rich in authigenic silicate minerals such as zeolites, potassium feldspar and opal-CT, all of which have a genetic association with the borates. Chemical analyses of the tuffaceous rocks show variation in major elements due to the varying percentage of carbonaceous, detrital, and volcanic derived material.The volcanic activity in the vicinity of each particular lacustrine basin created ion-rich fluids from which a series of borates were precipitated under arid climate. Additionally, the saline-alkaline character of these fluids was responsible for the diagenesis of the silicic glass of the tuffaceous rocks, altering them to silicates and silica polymorphs."

Jan 1, 1993

By D. C. Treilhard

After a brief history of the mining and smelting operations of Kilembe Mines Limited, this paper outlines the smelter layout and describes . the. daily operations at the Jinja plant. Particular attention 1s paid to the details of the furnace and converter operation. A subsequent section of the paper deals with the significant developments in plant metallurgical practice, covering both smelting and converting.

Jan 1, 1966

By J. Visman

"Cyclone separators of different design are being used in increasing numbers in the coal industry of today. One recent addition, the Compound Water Cyclone, is finding application in the North American and Australian coal fields for the beneficiation of coking coals and for the reduction of sulphur and ash in steam coals. In this paper, the combination of specific-gravity separation, thickening, classification and water recovery are discussed. All of these operations can now be accomplished by means of cyclones that are effectively combined in circuits of compact design. In the layout of such integrated plants, three main sections are distinguished, namely: a Main Section for cleaning the plus-28-mesh fractions; an Effluent-Beneficiation Section for treating the minus-28-mesh fractions; and a Water-Recovery Section, where the wash water is reconditioned, and the fine solids are removed in a semi-solid state as slugs or pellets. Depending on the nature of the coal and the specifications of the purchaser, water-cyclone circuits can be flexibly combined with HM Cyclones and froth flotation, as well as with ancillary equipment for dewatering and drying."

Jan 1, 1968

By J. Kan

In order to determine the recovery functions in an oil sand circuit it is necessary to have more than a minimal determination the mass flows in the network. This over-determination is essential in order to allow for measurements within the flow matrix "to flex" according to an error function. It is then possible to identify the flows and composition at all points with maximum likelihood. These so-called full mappings are not easily obtained. However, in order to obtain an unequivocal determination of all the unit operations recoveries such a balance is needed. When databases are constructed exclusively with coherently balanced sets of data it is possible to obtain a maximally accurate process model by maximizing the probability of correctly identifying the process causality. Indeed, it is doubtful in cases of normal complexity that any sense can be made of data that is not so balanced. Coherent mass energy balancing is a tool developed by mineral processing scientists and engineers. Its rigorous application to oil sands is the subject of this paper. The additional element associated with hydrocarbon requires special considerations. It is shown that at least one currently available mineral processing tool will solve the full-mapping problem for an oil sand operation. Experimental design constraints are discussed in this paper relating to the development of databases for the development of effective process models.

May 1, 2004

By Robert K. Jonas

Mining companies can improve production and reduce costs by using the best available technology to control their operations. Many mines are challenged to use multivariable predictive control due to limited experience or staffing, as well as being concerned over the robustness and sustainability of predictive controls. As a result many mines are not realizing optimal performance from their assets, and thusly are not realizing the production increases or cost reductions that this technology can deliver. Over the past few years, the application of multivariable model-based predictive control has gained acceptance in many mining processes and has proven to be robust and sustainable for some of the most challenging mining processes. New automated modeling and performance monitoring software have greatly simplified the effort to implement and maintain these solutions. In addition, many progressive companies have chosen to co-source the implementation and service of these solutions to assure project success and continued benefits stream. This technology has been successfully applied to a wide variety of processes; grinding mills, alumina digestion, CCD washer and thickeners, kilns, calciners, roasters, flash smelters, heat exchangers, evaporators, and most recently in the demanding process of flotation. This paper discusses the state-of-the art in advance control technologies in the mining industry, including the impact of these technologies on maximizing benefits, and implementing best practices for long term sustainability. Benefits from recent multivariable predictive control applications in copper mining will be reviewed, and the use of the latest predictive control technologies and practices in mining will be discussed.

Oct 1, 2009

By Robert B. Parsons

"A t last the legal red tape which has tied up flow-through share financing has been cut. New rules effective for deals signed after 1986 simplify flow-through financing by removing the necessity f or cumbersome agency relationships. But there is no free lunch-the new rules require increased government reporting. And beware federal tax reform promises to have a good look at the new flow-through share rules. IntroductionFlow-through shares have always worked better in theory then reality as an effective financing tool. The concept is straightforward: a transfer of risks, tax deductions, and potential returns. But the mechanics of the old flow-through rules made the transfer of risk impractical to impossible by placing the responsibility for incurring Canadian exploration expense (CEE) on investors. The new rules are significantly more realistic, shifting that responsibility to the issuing corporation. However, every silver lining must have a few clouds around it. In the case of the new flow-through rules, the more obvious negatives are increased reporting requirements and reductions in CEE eligible for flow-through by amounts of assistance received. The new rules are effective for deals signed after 1986, however, so a few old-style deals are still around. Practical Difficulties with Old RulesThe old rules which applied to investments in flow-through shares were structured so as to make it the responsibility of the investor, rather than the issuing corporation, to perform the Canadian exploration expense for flow-through. Since most investors had neither the expertise nor the inclination to incur the CEE, this requirement necessitated the use of cumbersome arrangements whereby the investors would appoint an agent (usually the issuing corporation) to incur CEE on their behalf. Although the issuing corporation might consequently be the party which actually spends the flow-through share funds on CEE, the awkward legal structure of such an arrangement made the investor the ""principal"" incurring the CEE. As such, the requirements of the old rules were met and the investors could receive their flow-through share s."

Jan 1, 1987