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By Michel Dagbert

"This paper illustrates the different ways grade-tonnage curves can be generated f or a mineral deposit. It emphasizes systematic discrepancies between reality, estimates and actual production according to different estimation methods and grade control programs. It does not offer a universal solution to the prediction of grade-tonnage curves. Hopefully, it will inspire caution to mineral economists who use estimated grade and tonnage data in the establishment of an optimum cut-off grade for a mining operation.IntroductionThe value of a mineral development venture often depends on a grade-tonnage curve. Statistics can help. The idea is to divide mentally the orebody into small blocks called selective mining units or SMUs. A SMU is an idealized version of the quantity of rock the grade of which will be tested against the cut-off at the time of mining. It could be as small as a truck load or a shovel load in very selective operations like some uranium mines where radiometric probing of each truck or car is performed. More typically, in an open pit operation, it will be the smallest zone flagged as ore from blast hole data, e.g. a 5 m by 5 m by 10m block, if blast holes are on a 5 m grid and bench height is 10m. Having defined the SMUs, the grade-tonnage curve determination amounts to evaluating the grade distribution of all the SMUs that can be mined in the depo sit. If we know this distribution we simply apply the cut-off to it and we get the number of SMUs above the cut-off (i.e. ore tonnage) and their average grade. .Assessment of the grade distribution of SMUs from exploration drill hole data is not an easy exercise and much has been published on the subject (David, 1972; Marechal , 1972; Huijbregts, 1975; Marechal, 1975; Guibal and Touffait, 1982). In this paper, we use a gold mine example to illustrate the influence of SMU size on the results. With the same example we also show that ""common-sense"" methods of grade-tonnage curve determination can sometimes be misleading."

Jan 1, 1987

By M. L. Jeremic

"Hydraulic mining consists of coal erosion by powerful jet s of water from hydraulic monitors operated by remote control. The broken coal is crushed and mixed with water and then transported from the face to the surface using gravity whenever possible. This is a simple, safe and productive method. It will easily satisfy North American productivity standards if the structural features and coal properties are favourable for water jet cutting technology (Kaiser Resources Ltd. , hydraulic mine). General ConsiderationIn open-pit mines, placer mining (Fig. I) and hydroelectric construction projects, hydraulic earth moving techniques have been successfully applied. The stripping and transporting of the overburden has been accomplished by means of large monitor jets augmented by slurry pumps and pipes. An extension of this technique has led to the underground extraction of coal and ores. To date, the method has been most successfully used in undergrond coal mining, because the coal can be easily cut and flushed away by water jets, and the rocks of the roof strata can be left behind. Due to this favourable situation, the hydraulic mining definition only relates to the underground coal mines.At present, there are four basic types of hydraulic mining, which can be defined according to the coal breaking technique used in each case. The methods are briefly discussed below:(1) Coal excavation may be carried out by conventional techniques, but the mine is designed and equipped for the hydraulic transport of the mineral from the working place to surface. Under these circumstances, the coal breaking may not be influenced by the water jet, however it may be indirectly involved. For example, pre-loosening of the coal may be done by water infusion-hydraulic fracturing. Water may also be used to flush the broken coal, which has been excavated either by drilling and blasting or by mechanical cutting, into the transport flumes. In other cases, a mechanical loader may load the coal directly into the hydraulic transport system, without using any water for the extraction process. This hydraulic mining concept is primarily used for hard and impermeable coal, such as anthracite."

Jan 1, 1980

By J. C. Kurnia

Presence of fine dust in air causes serious health hazard for mine operators resulting in such serious problems as coal workers? pneumoconiosis and silicosis. Major sources of dust appear of course along the mining face where the minerals are extracted. Proper control and management are required to ensure safe working environment in the mine. Presented here is the use of a computational fluid dynamic (CFD) approach to investigate the flow and dust behaviour in mining tunnels. The objective of this study is to propose and examine various strategies to mitigate dust dispersion from the mining face and reduce dust concentration to a safe level for the operator. In a companion study, the authors investigated various methods for mitigating dust dispersion from the mining face to ensure safe dust concentration levels in the mine tunnel. Among the examined methods, implementation of brattice to direct the flow from the main airway to the mining face is the most effective method to disperse dust particles away from the mining face. The installation of brattice, however, will limit the movement of mine operators and vehicles in the tunnel. Hence, application of a hybrid brattice which is a combination of a physical brattice along with suitable directed and located air curtains is proposed and examined. Based on the CFD simulation results, over a range of parameters of interest, it was found that the physical brattice blocks the ventilation air and directs it to the mine face while an air curtain located along the brattice outlet offers flexibility in keeping the dust away from the operator allowing more freedom for the operator and the equipment. Results of the modelling over a range of parameters of interest are presented and discussed with the goal of managing dust concentrations within safe limits for the operator.

Aug 1, 2013

By Yves C. Lizotte, Malcolm J. Scobie

Blast fragmentation is affected by the physical and mechanical characteristics of the rockmass as determined by geology as well as the explosive energy, the partition of this energy, the actual amount of energy transmitted to the rockmass, the blast geometry and the detonation sequence. This paper reviews studies of the influence of geology on blast fragmentation, particularly structure, i.e. the in situ or inherent fragmentation arising from rock discontinuities. Prior structural studies have mainly been limited to comparing equivalent diameters of the in situ blocks with the size distributions of the blasted material. No criteria exist to integrate structure into blast design. This paper reviews on-going studies of the blasted fragment shape and size observed in different rockmasses aimed at analyzing geological control over blasting. Digital photoanalysis was applied {o measure size and shape distributions, to correlate results with block size distributions and shape parameters of the inherent fragmentation. An integrated and comprehensive fragmentation assessment procedure which accounts for geological control is proposed. The potential of this research is to provide a greater understanding of the true contribution of explosives to fragmentation, the effects of fragment shape on system productivity and the reduction of blast-induced damage.

Jan 1, 1994

By W. H. Hodgson, A. R. Preston

"Improved rail production techniques provide new options for the rail user. Steelmaking improvements offer tighter composition control, lower oxide and sulphide counts, greater control of segregates and freedom from hydrogen problem s. New ultrasonic, laser and eddy current equipment gives printout information on surf ace flatness, straightness and internal condition. These have come along at a time when dramatic changes have occurred on the rail heat treatment scene. Rails can now be deep hardened on or offline in ways which should eventually result in a complete rewrite of the world's specifications. Rails of simple composition can be produced in the hardness range 2801400 BHN as required. The rail user can choose the hardness within this range according to requirement without the necessity for any step changes in the process routes.It is suggested that this is the pattern f or the next decade.IntroductionRails have been the subject of very slow improvement over many years but developments gathered momentum in the early seventies. Recent improvements in quality and properties have provided dramatic increases in rail life under the more severe service situations. Rail profile grinding, lubrication and other track improvements have greatly added to expectations of even longer life. All of this, coupled to even newer mill heat treatment developments, tilt both technical and economic advantages away from tradition to the point where specifications will need to be rewritten so that railroads can take full advantage of these new products."

Jan 1, 1988

By A. Welty, T. Garn, K. Lyon, B. Jakovljevic, R. S. Herbst, M. Greenhalgh, Cytec Solvay Group

"Industrial rare earth separation processes utilize PC88A, a phosphonic acid ligand, for solvent extraction separations. The separation factors of the individual rare earths, the equipment requirements, and chemical usage for these flowsheets are well characterized. Alternative ligands such as Cyanex® 572 and the associated flowsheets are being investigated at the pilot scale level to determine if significant enhancements to the current separation processes can be realized. These enhancements could be defined as higher separation factors, reduced stage requirements, or reduced chemical consumption. Any of these enhancements can significantly affect the costs associated with these challenging separation proccesses.A mid/heavy rare earth element (REE) separations flowsheet was developed and tested for each ligand in a 30 stage mixer-settler circuit to compare the separation performance of PC88A and Cyanex® 572. The ligand-metal complex strength of Cyanex® 572 provides efficient extraction of REE while significantly reducing the strip acid requirements. Reductions in chemical consumption have a significant impact on process economics for REE separations. Partitioning results summarized Table 1 indicate that Cyanex® 572 offers the same separation performance as PC88A while reducing acid consumption by 30% in the strip section for the mid/heavy REE separation."

Jan 1, 2016

By Andrew L. Mular, Robert P. Edwards

"The operation of flotation circuits is often regarded as a combination of art and science. Expert systems offer a method by which the art may be captured and supervisory control of flotation circuits fully realized. Operating knowledge, the art, can be consistently employed to enhance regulatory control through the judicious application of an expert system. Using an expert system, a supervisory control routine was developed, and success- fully implemented, in the copper flotation circuit at Brenda Mines Ltd.The expert system ran in conjunction with regulatory PI controllers on a personal computer. The expert system received assays via an on-stream analyzer and adjusted regulatory loop set points as required in real-time. From its commissioning in November, 1989, to the end of the mine 's operation in June, 1990, it was enthusiastically embraced by the operators and attained operating levels superior to those achievable manually.IntroductionExpert system (ES) software springs from research into artificial intelligence and is currently making significant inroads into business and industry. ES proponents make many attractive claims; they are a means of capturing the knowledge of experts and they can be programmed by non-programmers. To date, most uses of this software in the process industry are in off-line applications, meaning that the applications are not tied directly to operating (on-line) environments. Moreover, in on-line environments, they are typically employed as advisors and only suggest changes. Human operators are required to close-the-loop to the process. Yet, an ES should be applicable to operating environments and, if the claims of the proponents are valid, should also be better than existing tools. As an intelligent controller an ES must use the knowledge of experienced operators, apply it directly to a process and do this without the intervention of human operators. On-line applications have been successfully employed in the closed loop control of SAG circuits (Herbst et al., 1989) and flotation circuits (Hales, 1989). Harris and Kosick (1988)detail an implementation for flotation control at the Polaris Mine."

Jan 1, 1992

By Eric R. Skonberg

"Technology exists today to blind drill a mine shaft 20 feet in diameter, unlined, over 3,000 feet deep. These shafts must be lined in the most economical, safe and expedient manner possible. A new technique of stacking precast concrete cylindrical sections in the unlined shaft has been developed to yield a dry and hydrostatically lined shaft .These sections must withstand an external radial pressure of 3,000 feet of water yet take up as little room as possible in the shaft . Using high-strength concrete, wall thicknesses may be kept at 2 feet. The outside diameter of the sections has been chosen to be 18 feet to allow for some annular space between the liner and shaft wall. The concrete sections are produced in segments 10 feet long weighing 75 tons each. During drilling operations, the concrete sections are cast and cured. After drilling operations are complete, a headframe is situated over the shaft. The unlined shaft remains full of fluid. A special liner running tool is mated with the section in three steel ports at the bottom of the section. The section and running tool are lowered into the hole, and the tool is disconnected and returned to the surface. Subsequent sections are lowered and stacked using the same operation. Grout is placed behind the liner to result in a dry shaft."

Jan 1, 1981

By A. A. Ruitenberg, C. J. Morrissy

"The Lake George antimony deposit comprises a system of stibnite-bearing quartz veins that cut Silurian greywacke and slate. The stibnite-bearing ore zone is in part enveloped by a uraniferous zone.The ore-bearing quartz vein system occupies an easterly striking, gently north-dipping fracture system that cuts across north-northeasterly trending gently southwest-plunging, tight Acadian (early Middle Devonian) folds. This vein system continues at depth into a siliceous skarn zone intruded by altered granite porphyry dykes, which constitute probably a late phase of the Hawkshaw granitoid intrusion to the north.Most of the ore occurs in a northeast-plunging, trough shaped vein structure that formed where the vein system (gently north-dipping) intersects the axial surf ace zone (steeply northwest-dipping) of an Acadian synform. The trough shaped structure resulted from deflection of the fracture zone (containing the vein system) by competent beds.Emplacement of the quartz-stibnite veins was preceded by, and is in part penecontemporaneous with, the formation ofa micaceous-argillaceous alteration halo, which in turn intersects a patchy biotite alteration zone.The hypabyssal intrusions associated with the Lake George deposit probably represent a late phase (early Carboniferousr) of the nearby Hawkshaw intrusive granitoid complex. IntroductionThe Lake George Antimony Mine is situated 40 km southwest of Fredericton and 2.5 kin north of Lake George, New Brunswick (Fig. 1). The mine is owned by Consolidated Durham Mines and Resources Ltd.Shaw (1940) described the early history and development of the mine. In subsequent years, available drill cores were relogged by several geologists. Much new information became available when an extensive diamond drilling program (Kidd , 1970) was started by Consolidated Durham Mines and Resources Ltd. in 1970. A study of the geology and economic potential of the deposit was made by Glover (1973). Abbott and Watson (1975) made a study of the ore mineralogy. Available drill cores were relogged and a preliminary study of the fracture system in the mine was made by G.A. Pierce and A.A. Ruitenberg during 1976. Outcrops in the area sur rounding the mine are extremely sparse.Between 1976 and 1979 the present authors made a detailed study of the mine workings, available drill core and regional structure in the vicinity of the mine, with results set forth in this paper. The regional geologic setting of the deposit, the geometry and structural controls of the ore zones, and the mineral zonation and rock alteration are emphasized."

Jan 1, 1980

By O. S. Perry, G. H. Charlewood, K. Griffin, S Ogryzlo, H. Hopkins, G. MacIntosh

"The gold mines of Kirkland Lake are in Teck township, Timiskaming district, Ontario, latitude 48°9'N. and longitude 80°3'W., at an elevation of 1,038 feet above sea-level.There are seven contiguous producing mines in a length of 3;1/2 miles along the general east-west strike of the deposits. The seven mines are, in order from west to east, Macassa, Kirkland Lake, Teck-Hughes, Lake Shore, Wright-Hargreaves, Sylvanite, and Toburn.The first discovery of gold in the zone was made by W. H. Wright in 1911 on the east claim of the Wright-Hargreaves property, and the following year the Tough brothers and H. Oakes found gold in what is now the No. 1 vein_ at the Toburn. Production began at the Toburn in 1915, followed by Teck-Hughes in 1917, Lake Shore in 1918, Kirkland Lake Gold in 1919, Wright-Hargreaves in 1921, Sylvanite in 1927, and Macassa in 1933.To the end of 1946, 31,938,350 tons of ore had been milled at the Kirkland Lake mines, from which 16,132,700 oz. gold, having a value of $498,517,600, were recovered. The bullion varies from mine to mine between 800 and 900 fine, the average for all the mines being 853. The average fineness of the native gold is 941.The workings of some of the mines are more than 6,000 feet deep and sinking to depths below 7,000 feet is now in progress.GENERAL GEOLOGYThe regional structural geology of the area in which the mines of Kirkland Lake occur is described in a preceding paper in this volume by J. E. Thomson."

Jan 1, 1954

By M. P. Rennick, D. M. Burton

Abstract -The Murray Brook massive sulfide deposit, which was the first geochemical discovery in the Bathurst camp, is one of the largest sulfide deposits in the area. The massive sulfides are hosted by quartzose metasedimentary rocks in the lower part of the Ordovician Tetagouche Group. This thick succession of sedimentary rocks is overlain conformably by felsic volcanic rocks, and is structurally overlain by mafic volcanic rocks. The massive-sulfide body is polydeformed, but primary metal zoning is still discernable and may permit future exploitation of discrete lead-zinc and copper zones. Although it was discovered in 1956, the deposit was not developed unti11989, when Murray Brook Resources commenced processing of gossan containing precious metals. Recovery of gold, silver, and mercury is accomplished by indoor vat leaching on a year-round basis.

Jan 1, 1992

By Victor Rudenno

"Previous methods have employed statistical analysis to model future mineral resources. The method presented in this paper uses Zipj's Law to determine the size and grade of tin deposits still to be discovered. The law is applied independently to both known deposit tonnage and grades. A probability distribution for both 'tonnage and grade is computed/or those deposits still to be located and then, by applying a correlation between tonnage and grade, a distribution of the probability of metal content discovery is obtained.By considering an economic cut-off in metal contained in a deposit, the probability of economic success for the next tin discovery is computed, both for a world discovery and for the special case of Tasmania, Australia. The results indicate a probability of 11-37% on a world-wide basis and 18% chance of economic success in Tasmania.IntroductionIn the past , most attempts to determine the probability of success in finding an economic mineral deposit have relied on the accumulation of statistical data. These data are then used to predict a suitable frequency distribution to assess the probability of finding a deposit of a given size and grade (Singer,1975).The method not only relies on one having sufficient data, but also on the assumption that the data are not biased and that the distribution (usually log-normal) is a correct one. The method presented in this paper, to analyze tin deposits, uses Zipf's Law, which has been recently applied to oil, uranium, lead-zinc and gold deposits by Folinsbee (1977) and to Western Australian gold deposits by Rowlands and Sampey (1977). Tapp and Koniuszko (1978) have applied Zipf's Law to mineral distribution patterns in the Northern Australian orogenic provinces, which has enabled them to make predictions with a relatively small data source."

Jan 1, 1981

By M. R. Babcock

"The Rabbit Lake story began in the late sixties and will continue well into the twenty-first century. It is a story of success, of multiple ore body discoveries, of unique systems, and new methods made possible through innovative and state-of-the-art design. Two quite different geological systems host the five ore bodies mined, or slated to be mined. These two systems have yielded two distinct ore types, each with characteristic mineralogical properties and each requiring its own specific mill circuit.Emphasis on communications and our unique systems have led to a satisfactory and fulfilling work environment resulting in the historically low employee turnover which has contributed to the operation success.A comprehensive environmental study after twelve years of operation has given the Rabbit Lake Operation a completely clean bill of health. INTRODUCTIONRabbit Lake can be described as Saskatchewan's first highgrade uranium mining operation, which set the stage for the province's current role as the leader in uranium mining throughout the western world. The importance of the Rabbit Lake operations - past, present and future.LocationThe Rabbit Lake operation is located in northeastern Saskatchewan (Fig. 1)- 805 km north of Saskatoon, Saskatchewan, and 814 km northeast of Edmonton, Alberta. OwnershipGulf Minerals Canada Limited discovered the Rabbit Lake deposit in 1968. Mining operations began in 1975and were operated by Gulf until purchased by Eldorado Nuclear Limited in 1982. In 1988, Eldorado merged with Saskatchewan Mining Development Corporation (SMDC) to form Cameco-A Canadian Mining &. Energy Corporation. The new corporation is one of the world 's largest uranium companies.Cameco's $1.5 billion in assets include the Rabbit Lake uranium mine (Cameco 100010); the Key Lake uranium mine (Cameco 66.67%; Uranerz Exploration and Mining Limited 33.33%); the Cluff Lake uranium mine (Cameco 20%; Amok Ltd. 80%); the Fuel Services Division at Blind River and Port Hope, Ontario (Cameco 100%); and a 100%); and a 48.75% interest in the Cigar Lake uranium deposit which is now at the test mining stage (Cogema Canada Ltd . 32.625% ; Idemitsu Uranium Exploration Canada Limited 12.875%; Corono Grande 3.75%; Korea Electric Power Corporation 2%). In addition, Cameco is involved in a number of base and precious metal explor ation projects."

Jan 1, 1989

By M. K. Gangal, A. E. Hall, S. B. V. Stewart

"An investigation into the problem of atmospheric fog in Canadian mines is described. Fog occurs in several mines and the reduced visibility can result in the closure of workings for safety reasons. Information on the mechanisms of fog formation are discussed and the methods for improving conditions are reviewed with their relative costs.INTRODUCTIONAtmospheric fog occurs in several Canadian mines during spring and summer. The fog which reduces visibility, contributes to loss of production and increased accident risk . Closure of ramps in mechanized mines causes mining to be stopped or rescheduled, and stoping and grade control may be affected . Increased corrosion of equipment may result from acidic fog .Fog is commonly caused by saturated air being compressed and heated by an inlet fan and then being circulated in an ascensional system with heat transfer to the walls of wet airways. This causes supersaturation and water droplets condense to create fog, with liquid water contents of 0.5 g/kg to 3 g/kg of air. These concentrations reduce visibility to less than 10m and prevent mining. Less severe fog is usually tolerated as a nuisance, about which little can be done."

Jan 1, 1989

By J. A. Hillier

The staff of the Hudson Bay Mining and Smelting concentrator have developed a new type of reagent feeder. Several factors encouraged the development of such a system: varying heads caused by the mixing of ores from several mines, the increasing number of flotation circuits operated and reagent feeding stations remote from the flotation operator's work area. The reagent feeders also had to be compatible with future plans for reagent control from an on-stream X-ray analyzer and computer system. The new feeder is a positive-displacement pump set to deliver a constant volume per stroke. At a remote panel, the feed rate is altered by changing the time between strokes. The feeders have been found to be reasonably trouble-free and accurate to less than 2 per cent error.

Jan 1, 1973

By D. Lauzon, H. de Ruiter

"In 1988a decision was taken to design and install a computerized mine monitoring and control system. This system had to monitor and control all pumping and ventilation underground. The operation of the mine air heating, using waste heat from the mine water and compressors, was to be part of the system. It ultimately also had to interface with the four existing Canadian General Electric Series 3 PLC's which controlled the No .3 shaft loading pockets. Beside operational control and trouble shooting, the system is a valuable tool in energy management and ultimate savings are estimated at $50,000 per year.The final equipment selection was a General Electric Series Six PLC on surface with a total of 17 Series One Plus and Juniors PLC located underground. Data is transferred through a two-pair shielded cable using modems. Both analog and digital functions are being utilized.The basic monitoring and control system was commissioned during 1989and, due to a higher level of technology today, further improvements have been planned for the future. The system was designed by Walter Dow together with Gordon Champion of D.G. Champion Engineering Ltd. of Toronto. Advice for the ventilation part of the project was obtained from Maurice White, Independent Ventilation Consultant.The Ministry of Energy, Mines and Resources and the Ministry of Energy of Ontario approved this project together with the waste heat recovery project to qualify for a grant of$135,000 under the Enerdemo-Canada program.IntroductionThe Macassa mine is a narrow vein gold mine situated about 2 km west of the town of Kirkland Lake in northeast Ontario. The mine has been in continuous operation since 1933 and a total of about 3.0 million ounces have been recovered out of 6.6 million tons of ore ."

Jan 1, 1991

By W. T. Irvine

"The H.B. Mine, a zinc-lead operation of the Consolidated Mining and Smelting Company of Canada Limited (Cominco), is in south central British Columbia, on Sheep Creek, a west-flowing branch of the Salmon River. It is 3 miles by road from B.C. highway No. 6, 30 miles south of Nelson, B.C., with an excellent highway connection to the smelter city of Trail, 35 miles from the mine. The nearest permanent settlement is the village of Salmo, 7 miles distant by road. The mine is situated along a belt containing other important zinc-lead deposits, including those of the Canadian Exploration Company, 3 miles to the south, and the Reeves MacDonald mine, 9 miles distant again to the southwest.Deeply oxidized outcrops were located in 1907 on the north side of Sheep Creek valley by two prospectors named Horton and Benson. The property was given the name H.B., after the two discoverers, and there commenced a long and intermittent series of mining operations designed mainly to develop and extract oxidized lead-zinc ore. In 1925 a determined attempt was made by a British syndicate to develop a large tonnage of sulphide ore, but this ended in failure after some 3,000 feet of lateral development had been done. In 1927 Cominco acquired the mine, but it lay idle until 1946 when a geological study was followed by a program of surface drilling which encountered extensive sulphide mineralization. An underground development program revealed more details of the deposit, and sufficient ore was found to warrant construction of a 1,000-ton mill. Mine preparation and mill construction were completed by early 1953, but production was deferred due to low metal prices. The mine was finally brought into production early in 1955."

Jan 1, 1949

By Bertrand Wolfman, William E. Stanley

"This paper reviews the traditional mine accounting systems, including ""custodial accounting"" and unit costing, and then suggests that the use of flexible budgets represents a more suitable method of reporting costs in order to assist the mine manager in improving productivity. Examples of various applications are given to show that the result is a clear reporting structure.Custodial Accounting is Emphasized in Traditional SystemsTraditional mine accounting has been mainly concerned with the accuracy of financial reporting to ""head office"" for the use of the directors and the company's bankers and shareholders. This is often called custodial accounting and it represented the main purpose of accounting when first developed in Europe hundreds of years ago. This important development permitted the establishment of enterprises which were separated from their owners because they could rely on accurate financial reports of management's stewardship.As custodial accounting is fairly broad and historical in nature, it is often not very useful to the mine manager for ongoing monitoring of performance of mining, milling, maintenance, and other support and staff groups. In spite of the considerable investment in accounting staff and computer support, many accounting systems have not been upgraded so that they accurately reflect workplace performance on a weekly or monthly basis.Budgets are Often FixedMany mines today also still emphasize fixed budgets. Thus, the mine plan which is set in the fall of one year is converted to a monthly tonnage and detailed dollar budget for periods of up to sixteen months in the future. The only certainty in this plan is that actual events will differ; timing, mix of mining methods and production volumes will differ on a monthly basis.Unfortunately, the fixed budget has no capability to reflect these operational changes. It is frozen for the full year. The result is that actual results will inevitably be compared to an outdated target."

Jan 1, 1982

By K. R. Wood, G. W. McDonald

"The tailings disposal system at Les Mines Selbaie includes dewatering of tailings in a high-capacity thickener, followed by point discharge of the thickened solids to form a stable conical pile. Tailings water drains to ponds formed behind engineered dams, prior to either recycling f or process use or discharge to the environment. Design and economic considerations of the system are discussed. Construction, start-up and operating experiences are also presented.Introduction Les Mines Selbaie is located in the Abitibi region of northwestern Quebec, approximately 700 km north of Toronto and 150km south of James Bay. More locally, the Detour gold mine is 60 km to the west while the Noranda smelter is 220 km to the south.The deposit was discovered as a result of a Questor INPUT Mark VI geophysical survey in 1973, followed by diamond drill programs from 1974 to 1976. Three mineralized zones were delineated and underground exploration was carried out on all three. A production decision for the 'B-zone' copper-gold-silver orebody was made in July 1979. The underground operation started in July 1981, with full production of 1500 t/d being achieved in May 1982.During the planning phase, every effort was made to ensure that the operation would be environmentally sound . The design included the provisions of the then newly proposed provincial environmental guidelines. The tailings disposal system formed the most significant part of the environmental program due to the large volumes of solids and water effluent. In addition, the design allowed for future expansion of the system to accommodate mining of the other zones, thus minimizing future costs and disruptions."

Jan 1, 1986

By R. R. Stone

"This paper will examine the role of debt and equity in project financing and will illustrate the impact on the return to the project sponsor of each type. Conventional debt sources will be examined, as will product purchaser advances, foreign export-import bank loans and lease financing. The paper will review guarantees, charges against the project, dividend restrictions and other commitments. It will also discuss various features of sales contracts and the degree to which they can assist in securing financing. IntroductionThe cost of bringing new mining projects on stream is escalating significantly more rapidly than general rates of inflation. Reasons for this include the higher costs of safeguarding the environment and ensuring the health and safety of workers. The need to develop properties in more remote areas is also a significant factor. These higher costs have not been matched by increases in metal prices, making the task of financing these projects ever more difficult. At the same time, the imagination of borrowers and lenders seems boundless, and innovative schemes for financing projects are constantly being unveiled.It is probably safe to say that no two projects have ever been financed in precisely the same way and the number of financing options for any project is limited only by the imagination of the sponsors themselves. The objectives of the project sponsor represent the most important factor in determining the scope of possible financial arrangements. For example, the sponsor may wish to maximize over-all company leverage by isolating each of its projects in separate companies. In so doing, it hopes to facilitate more ventures than would otherwise be the case. These objectives point toward true project financing. Additional objectives may be to develop a number of its properties by joint venture and to reduce the amount of debt on the sponsor's balance sheet. Those sponsors whose objectives include minimizing over-all financing costs will wish to increase the number of financial options and, as a result, will not be so concerned with effecting true project financing. This approach may also provide ""greater certainty that tax benefits are utilized quickly."

Jan 1, 1980