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By C. Allen

In 2004, Boliden Odda underwent an extensive modernisation project targeting mainly the leaching section of the plant. Direct leach technology was introduced as part of this project. The Direct Leach process, developed by Outokumpu, is an atmospheric oxidative leach of zinc sulphide concentrate. The effects of this new processing operation on behaviour of iron in the plant are discussed. As well, the filterability of the new residue on belt filters prior to its deposition in mountain caverns is also discussed. The solids from the direct leach process have been analysed by scanning electron microscopy, and the results of these analyses are presented.

Jan 1, 2006

By T. E. Warren, K. W. Bowles

"IntroductionTHE PROBLEM of producing synthetic liquid fuels from coal and other raw materials is of increasing importance in Canada as well as in the United States. This is due, to a large extent, to the continually increasing demand for gasoline and other liquid products which are now obtained solely from petroleum. The United States has reached a position where domestic supplies of crude petroleum must be augmented by imports and Canada is still a long way from self-sufficiency. In the event of war, there might well be an immediate need to find supplementary sources of liquid fuels. It is, therefore, expedient to consider alternative sources of production now -well in advance of the time when supplies of petroleum may prove inadequate to meet requirements.The purpose of the present paper is to give a short review of the history of liquid fuel production from coal, to describe briefly the research sponsored by the Federal Government on the coal hydrogenation process, and finally to evaluate the present status and future trend of the synthetic fuel industry, with special reference to necessary research work.History of the Oil-From-Coal IndustryThe history -of coal liquefaction began in 1913, in Germany, with the work of Frederick Bergius. His first approach to the subject was not deliberately planned."

Jan 1, 1952

By R. Kaibyshev, I. Zuiko

"The effect of thermomechanical processing (TMP) including cold working by tension or rolling before aging on mechanical properties and a dispersion of secondary phase particles of an AA2519 alloy (Al–5.64Cu–0.33Mn–0.23Mg–0.15Zr–0.11Ti–0.09V–0.08Fe–0.01Si (wt. %)) was examined. It was shown that the use of tension to impart pre-strain =10% in the alloy provides the best combination of properties in peak aging condition of the material. The AA2519T87 alloy processed by tension exhibits the yield stress, ultimate tensile strength and elongation to failure of 425.4±2.4, 475±2.4, 12.1±0.4, respectively. The one pass rolling leads to -5% decreases in yield stress and –20% decreases in ductility. Dislocations serve as heterogeneous nucleation sites for ?'-phase precipitation. The positive effect of tension is attributed to the formation of more homogeneous dislocation structure, uniform distribution of ?'-phase particles with higher aspect ratio. Precipitation of the O–phase plates on {111}a habit plane was detected. In addition it was shown that the low angle boundaries are heterogeneous nucleation sites for ?' and O particles.INTRODUCTION Precipitation-hardened alloys are a commercially important group of the materials because their mechanical properties can be modified by treating and changing the microstructure. Age-hardenable aluminum alloys belonging to the Al–Cu–Mg system are widely used due to their attractive combination of high specific strength, good fracture toughness and enhanced creep resistance attributed to the highly efficient strengthening by the ?'-phase (Palmer, StJohn, Nie, & Qian, 2017). An AA2519 alloy exhibiting superior mechanical properties among high-strength Al–Cu alloys (2XXX-serie) due to minor Mg additives. It is known that, in alloys with high Cu/Mg ratio (=5.6) the classic precipitation sequence (Palmer et al., 2017; Wang & Starink, 2005; Wang et al., 2010) of supersaturated solid solution (SSSS) decomposition occurs: SSSS ? GP zones (Al3Cu) ? ?? (Al3Cu) ? ?' (Al2Cu) ? ? (Al2Cu) (1)"

Jan 1, 2018

By G. Avramovic-Cingara

Grain boundary characteristics and microstructural evolution are analyzed in a comparative study using orientation imaging microscopy (OIM/SEM) and transmission electron microscopy (TEM/SAD). The subgrain sizes and misorientations were determined by the OIM for aluminum deformed in torsion to equivalent strains between 0.2 and 4 over the temperature ranges of300-600°C and strain rates 0.01-1 s". The OIM gives clearer evidence of boundaries with high misorientation than does TEM, but it overestimates their frequency b y missing boundaries less than 1 0. T EM more clearly reveals low-angle arrays of widely spaced dislocations resulting in finer subgrain sizes than those indicated by OIM. The evidence supports a mechanism combining dynamic recovery (DRY), deformation band formation with permanent boundaries and geometric dynamic recrystallization (gDRX) in contrast to the hypothesis known as continuous dynamic recrystallization (cDRX).

Jan 1, 2004

By S. Steinlechner, S. Wegscheider

"In the past, the metallurgical industry was most of the time dedicated on their main commodity, recovering base metals like zinc, copper or lead but leaving other valuable side elements in the generated residues. As a result, these accompanying minor elements, like gold, silver, indium or also PGMs can be found in the dumps of the corresponding industry. Because of political unrest, strikes, economic reasons or decreasing primary resources leading to a high supply risk, also those mentioned minor elements moved into the focus of the recycling industry. Therefore, beside the base metals, first of all the recovery of those minor metals would be of high interest contributing to the economic viability of recycling processes, although they occur in much smaller quantities in materials. In this context, residues from zinc industry, like leaching residues or precipitation residues show high potential to carry silver as well as indium next to lead and zinc. Therefore, the paper summarizes carried out thermochemical calculations investigating a possible recovery of silver as well as indium by volatilization and the influence of zinc and lead on this process. Based on these theoretical investigations with HSC, trials in lab scale were done verifying the obtained results.INTRODUCTIONHuge amounts of iron precipitate, mainly jarosite get landfilled every year although there is a high content of valuable metals in this residue beside iron. Nevertheless, jarosite has to be dumped due to the presence of contaminating heavy metals. The accumulation of these residues takes up massive land on the one hand but also causes a series of environmental problems in ecosystems on the other. Moreover, some toxic ingredients such as arsenic and cadmium can be dissolved in rain water and are therefore harmful to the health of the aquatic systems. (Erdem & Özverdi, 2011; ÖzverdI & Erdem, 2010) Approximately 0.5 t of dry jarosite accumulate in the production of 1 t of zinc by the hydrometallurgical zinc-winning route (Svens, 2010). Jarosite is a precipitation residue formed during the iron removal. In general, the iron already exists in the zinc ore which is why zinc ferrite builds up during the roasting step of the zinc ore. Zinc ferrite is only soluble in strongly acidic solutions and during the hot acid leaching step it gets dissolved while zinc and iron enter the solution. It is necessary to get rid of the iron because otherwise it would deposit on the cathode first due to its precious character which would be harmful in the zinc-winning electrolysis. Nevertheless successful investigations were done by adding chlorine to the jarosite to recover silver. These findings leads to another residue which occurs in huge amounts – electric arc furnace dust (abbreviated with EAFD) from the iron and steel industry. In 2013 the annual electric steel production reached about 451 million tons. Around 15-20 kg of EAFD is produced per ton of steel in an electric arc furnace (EAF), creating approximately up to 9 million tons of dust per year. (Grabda, Oleszek, Shibata, & Nakamura, 2014; World Steel Association) Next to elements like zinc, lead and iron, chlorine and fluorine are present in this dust. While galvanized steel plates in the scrap act as a source for zinc, casting powders, flame retardants and synthetic coatings are responsible for the chlorine and fluorine contents in the dust."

Jan 1, 2016

By V. Bondarenko

The importance and necessity of gas hydrates deposits development followed by natural gas extraction is considered in the present paper. Analysis is given to world sources focused on methane hydrates formation conditions. Information covering the most perspective gas hydrate deposit of the Black Sea is presented in the article. Two most common methods of gas hydrates development ? thermo stimulation and inhibitor injection are analyzed presenting their comparative characteristics. Basic scientific trends and developments of underground mining department in the field of gas methane extraction from gas hydrates are scrutinized. Schemes and methods of natural gas hydrates development are shown together with formulas, parameters and factors influencing the extraction process. Also the analysis is given to the possibility of gas hydrates formation from methane-air mixtures of degassing wells from coal mines of Ukraine. Improved experimental unit for gas hydrates formation under laboratorial conditions is presented with its basic characteristics. General conclusions and basic tasks requiring further research are given in the end.

Aug 1, 2013

By Peter Rubie

For many years, optimising the relining of hard rock grinding mills has been complicated by: ?? the large number of variables; ?? the low frequency of relines (slow feedback loop); ?? the potential economic risk associated with some changes. A technology that has its roots in the automotive manufacturing industry is being utilised to construct a statistically accurate, configurable, and dynamic simulation of the mill relining process. The effects of various mechanisation and process changes can be rapidly modelled and compared. This technology will provide mill maintenance managers and contract relining companies with the opportunity to benchmark current performance against world?s best practice. It will also provide an opportunity for concentrator plant designers and mill manufacturers to plan for maximum plant efficiency, by designing an infrastructure and equipment combination that maximises annual plant availability. This simulation tool and its associated data set, has been developed using recent grinding mill performance data from mills of varying dimensions, liner configurations, mill relining equipment, operator and tool variables. The simulation will provide an output that the various stakeholders can utilise to make optimal decisions within the given financial, physical and technological constraints of the individual concentrator plant.

Jan 1, 2012

By L. Dorador

"In block caving projects, the rock mass fragmentation process plays a controlling role in the design and success of the operation. Poorly understood, however, is the secondary fragmentation that occurs as blocks of caved ore move through the draw column and interact with one another. The initial size of these blocks can be considerable, as can their strength and stiffness as the presence of non-persistent joints and veining will be variable. Intuitively, more planes of weakness within the blocks should facilitate early fragmentation, but this assumption could depend on additional factors such as contact type between adjacent blocks and loads imposed through varying heights of the draw column. This paper reports the findings from a laboratory investigation examining the role of block strength and planes of weakness on secondary fragmentation. Testing was carried out on small-scale concrete cubes of uniform size, with and without embedded planes of weakness. The results obtained demonstrate the significance of veining and other planes of weakness on secondary fragmentation under one-dimensional compression, and allow for the development and constraint of empirical guidelines.INTRODUCTIONThe fragmentation process during block caving involves the initial (primary) fragmentation of rock in the cave back through stress-induced fracturing, release and fall of individual blocks onto the broken ore muck pile. This is followed by secondary fragmentation involving splitting and rounding of blocks as they move downwards through the draw column towards the draw point. The degree of secondary fragmentation achieved involves many variables related to the mechanical properties of the rock blocks as well as different operational factors. With respect to the block properties, the presence of planes of weakness in the form of veining and non-persistent joints is a topic of special interest given the significant influence it potentially has on the overall fragmentation process. However, the inherent heterogeneity and variable size of individual blocks generated from the cave back makes it difficult to develop any empirical relationships relating secondary fragmentation to compressive loading based on insitu observations and mine data. More preferable would be to keep constant block parameters, such as shape (aspect ratio and angularity) and size, through controlled laboratory testing. This work presents an efficient technique to fabricate concrete cubes in order to keep constant different block properties. These are then tested under one-dimensional compressive loading. The objective of these tests is to emulate a tight packing condition of single blocks such as that which would occur when the air gap between the cave back and broken ore in the draw column is small. When the air gap is small, detached blocks are unable to fall and rotate but instead maintain a very tidy arrangement with minimal voids left between adjacent blocks."

Jan 1, 2015

By J. Hall Carpenter

"Wet concentration has, in the history of ore dressing, been the primary treatment method following crushing, grinding and sizing, when these have been necessary. The evolution of new methods of gravity concentration has been comparatively slow.Today, the most significant and sophisticated of the new types of gravity concentrators is, no doubt, the cone concentrator developed by Ernst Reichert of Mineral Deposits Pty. Limited in Southport, Australia. These units have now had some years of use in the field, are becoming one of the standard tools of the industry and their metallurgical results, as outlined in this paper, are out-standing."

Jan 1, 1966

By Andrzej Luszczkiewicz, Magdalena Duchnowska, KGHM Polska Miedz S. A., Witold Pawlos, Jan Drzymala, Alicja Bakalarz, Przemyslaw B. Kowalczuk

A pre-flotation process of the Kupferschiefer ore with only frothers produces a concentrate enriched in carbonaceous matter and tailings for further upgrading steps. A partial removal of easy-to-float components of the feed before the main enrichments steps by flotation (rougher, scavenger) improves overall efficiency of separation of valuable elements from the ore. Since the types and doses of frother used for pre-flotation effect the process, the aim of this study was to determine the influence of selected frothers on the efficiency and selectivity of the Kupferschiefer ore processed by KGHM Polska Miedz S.A. A series of pre-flotation tests in the presence of different poly(propylene glycols) ethers, poly(ethylene glycols) ethers and aliphatic alcohols were conducted. The obtained results indicated that the types and doses of frother determine the flotation selectivity of copper and total organic carbon. The evaluation of the pre-flotation process was based on the analysis of selectivity parameters calculated from the recoveryrecovery Fuerstenau upgrading curves as well as the values of copper and organic carbon grades in the flotation products. It was shown that pre-flotation performed in the laboratory scale using a suitable frother provides higher overall flotation selectivity of organic carbon with lower overall flotation recovery of copper in comparison to flotation without the pre-flotation step. Thus, the pre-flotation process improves the quality and quantity of the final concentrates produced from the Kupferschiefer ore.

Jan 1, 2016

By H. G. Harper, R. C. Hart

"The Mississagi quartzite is the basal formation of the Quirke Lake trough. As it is traced around the rim, a gradual change in dip is observed, as follows:Northwest corner 50 degrees south.Algom Quirke mine 34 degrees south.Quirke Lake 25 degrees south.Whiskey Lake 22 degrees west.Pecors Lake 25 degrees north.Algom Nordic mine 18 degrees north.Elliot Lake 11 degrees north.Pistol Lake 5-7 degrees west.Thus the apparent synclinal axis is a curving east-west line lying closer to the north limb than to the south. The axis appears to plunge west at about 5 degrees.The Huronian sediments lie on a basement of granites, gabbros, and volcanics. Diamond drill evidence indicates that this basement has a surface of peneplanation, and that the areas of soft basic rock have a smoother topography than the granite. For the most part the orebodies at the Quirke and Nordic mines overlie a basement of soft basic rock.The Mississagi formation is the host rock of the deposits, and its primary structures are suggestive of the conditions under which the conglomerate beds were deposited. Cross-bedding is common, although normal bedding varies from thick to thin to essentially lacking. Grain gradation is not common. Where coarse and fine grains occur together, the coarse tend to be more rounded than the fine. These features are characteristic of shallow-water deposits, laid down above the lower limit of wave action. Therefore, the quartz-pebble conglomerates probably represent ancient water courses, bays, beaches, and bars.The causes governing the creation of the trough can only be conjectured, but there is evidence that both subsidence and compressive stresses played active roles. Drag-folds in argillite beds near Whiskey Lake indicate compressive stress. On the other hand, gentle crumpling in thin-bedded limestones on Quirke Lake is probably due to pre-induration slumping and folding. If strong compression had been widespread within the trough, one would expect drag-folding and shearing of the incompetent beds to be more general. Two large-scale, fold-like structures were mapped by Collins, but their axes do not parallel the trough axis, and they are therefore not related to the major structure."

Jan 1, 1949

By K. E. Waters, E. R. L. Espiritu, G. R. da Silva

"Rare earth (RE) elements are essential components of emerging green technologies. The increase in demand for these applications have driven the search and development of new rare earth deposits such as the Niobec project in Quebec, Canada. This deposit consists primarily of dolomite with significant amount of RE minerals bastnäsite and monazite, the primary sources of RE elements. Due to the minerals’ fine liberation sizes, flotation is commonly used as a concentration method. To develop an efficient process, the electrokinetic properties of the minerals must be understood. In this study, the surface properties of bastnäsite, monazite (RE minerals) and dolomite (a common gangue mineral) were investigated by zeta potential measurements. These measurements are affected by various ions present in solution; for bastnäsite, monazite and dolomite, some of these ions are H+, OH-, PO43- and CO32-. Dolomite, being a sparingly soluble mineral and a primary component of the ore, may be the greatest contributor of these ions in solution in the form of CO32- ions. Thus, different sources of CO32- ions (from dolomite dissolution and from Na2CO3) were investigated. The research work aims at elucidating how these reagents may influence the minerals’ surfaces. The results have shown that dolomite supernatant and sodium carbonate greatly affect the electrokinetic properties of each minerals. The addition of dolomite supernatant have resulted to relatively similar zeta potential of the minerals; while, sodium carbonate have affected them differently. These observations could be useful in efficient flotation of bastnäsite and/or monazite from bastnäsite-monazite-dolomite system.INTRODUCTIONThe increase in the demand for rare earth (RE) elements has driven the search and development of new deposits. Out of 53 rare earth projects in the world, 19 can be found in Canada (Hatch, 2015). These include the Niobec project of Magris Resources Company in Quebec. This deposit contains a significant amount of rare earth minerals (such as bastnäsite and monazite), with carbonates (such as dolomite) as the primary gangue minerals."

Jan 1, 2016

By G. J. Govett

THE RESERVES of industrial minerals of the Western Plains are probably several times more valunable than all the known deposits of metallic minerals of the Canadian Shield, though sharing little of the latter's popular appeal. Because of comparatively low value per unit weight or volume, an adequate and accessible supply of industrial minerals is essential for the full development of any territory; assessment of the value of deposits should consider fully the proximity to cheap transportation, and existing and potential markets. Production statistics of industrial minerals are probably a more reliable guide to economic development than, for example, those of petroleum, and the relative importance of industrial minerals increases with growth of the population. The development of a high-volume natural deposit such as petroleum naturally favours an increase in population, and thus industrial minerals form an integral part of an expanding industrial economy. This situation is clearly demonstrated by the relationsl1ips of industrial minerals production, petroleum production, and population growth, in Alberta (Figure 1).

Jan 1, 1959

By T. Guan, G. Fu, X. Zhou, L. Deng

"One kind of tailings from gravity separation of polymetallic mine contains 0.5–0.8% SnO2. The proportion of –0.037 mm size fraction of the tailings is 37.12%, and the distribution rate of SnO2 is 60.32% in it. For this tailings, two processing technology was carried out. One was felt-shaking table gravity separation in which the concentrate with a grade of 30% SnO2 at a recovery of 10% was obtained. Another was flotation-gravity separation in which the concentrate with a grade of 51.20% SnO2 at a recovery of 51.69% was obtained, but the dosage of collectors was as much as 990g/t. Therefore, the experimental research on the influence of grain size composition on the cassiterite recovery were conducted. The results show that: (1) the flotation recovery of the cassiterite distributed in +0.043 mm size fraction is only 10%, flotation recovery is not suitable for it; (2) a portion of cassiterite distributed in –0.01+0.005 mm size fraction could be recovered by flotation, but the tin flotation performance will be worsened rapidly and the dosage of collectors will be increased due to the increase of the content of –0.010 mm size fraction; (3) flotation processing is not suitable for –0.005 mm size fraction of the tailings. According to the results, a new technology has been carried out, that is discarding tailings by gravity separation-hydrocyclone desliming-flotation-gravity separation processing flow. The processing index is close to that of the flotation-gravity separation processing flow, and the collector dosage is decreased to 360 g/t by this processing technology. And, it has been achieved that the cassiterite slime is recovered economically and reasonably.INTRODUCTIONAs the density of cassiterite is higher than that of gangue, gravity separation is considered to be a low cost, pollution free, and effective process for cassiterite recovery (Wills, 2009). However, cassiterite is a kind of fragile mineral, over crushing is easy to take place and a large amount of slime is inevitably produced in the crushing and grinding of cassiterite. For the cassiterite slime exists in –0.043 mm size fraction, the efficiency of gravity separation decreases sharply. The production practice shows that, for the fine cassiterite, the recovery of tin exists in –0.043 mm +0.010 mm size fraction is about 13% through shaking table gravity separation, and the tin exists in –0.010 mm size fraction is almost impossible to be recovered by gravity separation. If flotation is adopted to recover fine cassiterite, the problems of high reagent dosage, high cost, environmental pollution, and poor economic benefit would take place. Therefore, the recovery of cassiterite slime is a worldwide problem. A key way to increase the utilization of tin resource and increase the economic benefit of tin mines is developing suitable beneficiation process for fine cassiterite."

Jan 1, 2016

By Paul Girard

"The copper property of Madeleine Mines Ltd. is in Lapotardiere and Boisbuisson townships, Gaspe North. The initial find was made in 1964, and subsequently a copper deposit of 5.3 million tons of ore was outlined. The property lies in Ordovician sedimentary and volcanic rocks near the major granite intrusive of the McGerrigle Range. The host-rock is a 300-foot-thick metamorphosed silty shale unit, close to the contact of the intrusive. The structure itself coµsists of a southerly-dipping monocline or the south limb of an anticline, on which a large dragfold has been imposed.Chalcopyrite, bornite and chalcocite are the principal sulphides present in the ore. Of particular interest is the zoning arrangement of these sulphides. The orebody is chimney-like in shape and appears to be a fracture-filling deposit that is genetically related to the granite intrusive and is confined within a highly fractured zone of very brittle rock. The deposit presents features uncommon to any of the other known copper deposits in the Gaspe Peninsula."

Jan 1, 1969

By L. Zeng, Q. Feng, Z. Qiu, L. Ou, Central South University

It is well-known that the use of nanobubbles can significantly improve the flotation efficiency of ultra-fine particles. However, this is mainly focused on coal and phosphate rock flotation. In the field of nonferrous metal processing, the related research is few. In this paper, a small laboratory mechanical cell associated with a specially-designed nanobubbles generator was used to investigate the effects of nanobubbles on enhancing ultra-fine scheelite flotation. Nanobubbles were created and based on the hydrodynamic cavitation principle through Venturi tubes. Comparative flotation tests were performed using different tubes to evaluate the nanobubbles impact on the ultra-fine scheelite particle flotation recovery. In order to better understand the nanobubbles enhanced ultra-fine scheelite flotation, nanobubbles potential and size distribution were measured. The effect of nanobubbles on the particle aggregation and scheelite particles potential were also studied through the turbidity tests, microscope tests and zeta potential measurements. According to the results, the mean size of nanobubbles was about several hundred nanometers, and the surface of nanobubbles was of highly negative charge in alkaline conditions. The flotation recovery of ultra-fine scheelite particles was increased in the presence of nanobubbles. The zeta potential measurements indicated that the repulsive forces between scheelite particles decreased when nanobubbles existed. Through the turbidity tests and microscope tests, the promotion effect of nanobubbles on particle coagulation could be verified more directly. The existence of nanobubbles in flotation system promotes the particle aggregation, thus increasing particles apparent size and particles capture by bubbles, which may be the fundamental reason why nanobubbles enhance ultra-fine scheelite flotation.

Jan 1, 2016

By T. Bednarski, T. McCallum, L. Moya, L. Nsenga, B. Mbao

The accumulation of solids in solvent extraction (SX) circuits can cause problems with the physical and economic performance of the operation. These solids are responsible for the formation of crud, a solid stabilized emulsion containing organic, aqueous, air, and fine solid particles. The build-up of crud in SX settlers can limit SX operation throughput, require plant downtime, lead to higher organic losses, or result in higher aqueous in organic entrainment (all of which can have a significant, negative economic impact). Current practices for crud management are typically reactive. Crud is physically removed after it has been allowed to build to excessive levels in the circuit and processed mechanically using centrifuges or filtration. A new proactive solution has been developed to prevent crud formation and build-up. Low ppm dosage of an additive, ACORGA® CR60, into the pregnant leach solution (PLS) has resulted in reduced crud formation in pilot and commercial scale for a variety of PLS streams. This paper will review results from operations in North America and Africa, covering heap leach, concentrate leach, and agitated leach feeds. INTRODUCTION Crud formation and build-up in solvent extraction (SX) circuits has been a long time topic discussed and claimed to be crucial to the whole hydrometallurgical process (Liu, et al, 2006). Crud formation is present in all SX systems be it copper, uranium, zinc, etc., and Ritcey (1980) defined crud as a stabilized emulsion containing organic, aqueous, and fine solid particles. The ore type and feed composition is a major determining factor of crud formation and typically contains Si, Al, Fe, P, and sulfates (Ritcey, 1980). It typically builds at the interface between the organic and aqueous, but can also be observed as floating crud on the surface of the settler, or bottom crud, which is common to find in circuits treating agitated leach feeds such as in Africa. As crud formation has been unavoidable, many of the current crud management techniques are reactive, allowing crud to form and build in SX circuits. Once it does, it is removed and treated via different mechanical techniques, typically through some type of filtration or three-phase centrifuge, to remove the solids and recover the organic phase trapped within the emulsion (Ritcey, 1980). Automated pumping systems have also been designed and are frequently used in North American operations. The time and capital required to react to crud formation can be an overwhelming aspect to SX operation.

Jan 1, 2019

By R. Bruce Graham

The formation, evolution and classification of peat bogs is discussed. Factors resulting in the internal and external morphological changes in a bog are described. The fibrous, absorptive and sterile properties of peat moss account for its widespread use in horticulture and related fields. These properties also account for its usefulness as a binder in pelletizing, as an insulating material in bat tons and in panel construction. Peat, the humijied product of peat moss is used in market gardening and sod growing. It is utilized in Europe as fuel. It is a source of activated carbon and gas. Potentially peat can be used to produce waxes, resins, tannins, cellulose, hemicellu/ ose, humic acids, lignin and hymatomelanic acid. At present other cheaper sources are available.

Jan 1, 1984

By MAX VOS

Lithium is the lightest and electrochemically most reactive of all metals. Renewed interest in lithium coincides with research in lithium batteries and power generation by atomic fusion. Ontario lithium resources are contained in spodumene pegmatites that can form where medium- to high-grade metamorphic volcanic-sedimentary formations are intruded by pegmatite and porphyritic granitic rocks. Spodumene pegmatites occur in at least twelve locales throughout northern Ontario, all of which are in the Superior Province of the Precambrian Shield. Tantalum, cesium, rubidium, beryllium, niobium and tin also were noted with lithium in spodumene pegmatites. Considerable potential remains for discovery of additional lithium and rare-element pegmatites in northern Ontario.

Jan 1, 1984

By Michael Samis

The real option valuation method is often presented as an alternative to the conventional discounted cash flow (DCF) approach because it is able to recognize additional project value due to the presence of management flexibility. However, these two valuation methods can be separated on a more fundamental level by their differences in risk discounting. Real option valuation applies the risk-adjustment to the source of uncertainty in the cash flow while the DCF method adjusts for risk at the aggregate level of net cash flow. This seemingly small difference is the reason why the real option method is able to differentiate between projects according to each project?s unique risk characteristics while the conventional DCF approach cannot. This paper provides an overview of the real options and DCF valuation frameworks and discusses the differences in risk discounting that exist between the two methods. Using grade-school mathematics, this paper clearly demonstrates how, with real options, a unique project risk discount can be calculated which is directly linked to the project?s unique risk profile. It also highlights why the DCF method fails in this regard and shows why a call to ?increase the Risk-Adjusted Discount Rate? is an incomplete solution at best. Finally, a heap-leach project and satellite reserve development project are valued with both techniques and the difference in investment conclusions is explained in terms of the risk-discounting concepts discussed here.

May 1, 2003