Search Documents

By Robert B. Parsons

"The junior mining company's bank account is depleted, but there are high hopes for the company's property. Where to get the necessary development funds is a common problem facing many juniors.This month, Tax Notes discusses briefly the principal income tax implications of several alternative development plans that are typically available to the junior mining company and its shareholders.IntroductionAt some point in time, many junior exploration companies face a common dilemma-a promising prospect has been proven up and is read y for further development, but alas, the company is flat broke! In this situation, a number of alternatives is available to the company, including the possibility of ""going it alone"" by raising capital through a public offering, or by striking a deal with a ""major"" or some other substantial investor.This article focuses on the latter possibility, and discusses in broad term s the main income tax implications of various arrangements between a typical junior exploration company and a larger public company for the development of a particular property. It will be appreciated that a discussion of other important considerations, such as those pertaining to securities exchange regulation s and company law requirements, is beyond the scope of this article.Jointly Owned CorporationPerhaps the simplest way of dealing with the problem of financing the development of a property is to sell the property outright, pocket the proceeds, and run! Clearly, though, this alternative is unacceptable to most prospectors and developers, who are predictably reluctant to completely relinquish their equity interest in a promising property. An additional strike against such an outright sale is that the sale could trigger an income tax liability. Generally speaking, in the case of a simple sale of a mineral property, for income tax purposes the proceeds are applied to reduce the taxpayer' s unclaimed balance of Canadian development expense (""CDE""), with any unapplied excess being brought into income and taxed at ordinary corporate tax rates."

Jan 1, 1983

By David Stone

The Beal Mountain Mine near Anaconda, MT is an interesting case history of a mine that has continued operations despite several large pit wall failures over a period of about 10 years. The largest event involved some 3.9 million tons of rock that has moved steadily at a rate of about 0.05 ft/day since 1992. This paper documents the geotechnical instrumentation and monitoring programs implemented at Beal to provide the company with a comfortable baseline that supported ongoing operations. The success and failure of a variety of stabilization measures will be discussed, along with typical instrumentation responses for several significant events. The success of Beal Mountain serves as a good model for mines faced with serious geotechnical challenges.

May 1, 2001

By J. R. del Castillo, J. Ruiz, N. Kuyucak, J. Chavez

Environmental Impact Assessment (EIA) and Feasibility Studies (FS) were carried out to evaluate the potential use of treated acid mine drainage (AMD) occurring at the Kingsmill Tunnel in the Central Andes of Peru. The 11-km long tunnel drains the underground works of the Morococha Mining District and discharges about 1.25 m3/sec of AMD directly into the Yauli River, which is located within the Amazon Basin. The communities living downstream cannot use the Yauli River water due to its low pH and elevated concentrations of metals (e.g., Cu, Zn, Fe, Mn, As, Cd) and sulfate. Studies carried out for this project included technical feasibility, EIA, economic viability and social impact assessment phases. During the "Technical Feasibility" phase, the treated AMD was produced by simulating a high density sludge (HDS) lime neutralization/precipitation process and was evaluated for various potential uses. Mining companies located in Morococha, in particular Centromin Peru S.A., and the Water Works Company of the City of Lima (Sedapal) collaborated with Golder Associates during the studies. The Canadian International Development Agency (CIDA) provided the financial assistance. The results of the physical, chemical, biological and toxicological analyses demonstrated that the treated AMD could be used for supplementing the drinking water supply of Lima and for agricultural (e.g., irrigation and livestock) and recreational purposes. Process design and scale-up parameters were also determined for the implementation of the full-scale treatment facility to the site. The use of the treated AMD as a drinking water supplement would be economically feasible.

Jan 1, 2004

By E. Allen

Quebec Cartier Mining Company operates approximately two hundred and fifty pieces of equipment in a climate with a temperature that has averaged 27.5°F during the last seven years. The use of special-purpose lubricants, fuels, antifreeze, rubber compounds, and alloy steels have reduced the cold-weather hazards. In some areas, high-cost cold-weather protective heating devices are being eliminated with experience.

Jan 1, 1966

By M. D. Griffith

"Ventilation models are a vital tool to ensure ventilation designs can provide airflow to all work areas in a mine. Airway resistance and variations in natural ventilation pressures will affect simulated airflow and heat distribution through a mine. Validating ventilation model resistances and pressures to the exact underground conditions can be difficult and the variances can contribute to significantly different simulation results depending on the structure of the ventilation design. The study will use sensitivity analysis to explore examples of variability of simulated airflow due to small resistance, heat and natural ventilation changes and thereby help the user identify both trustworthy and potentially unreliable parts of a mine ventilation model. INTRODUCTION Mine ventilation network modeling is a vital tool for ventilation professionals and has become increasingly relied upon during the design and operation phase of mine ventilation systems. However, they provide only an approximation of reality, and caution must always be exercised when drawing conclusions or making decisions based on simulated data. Ventilation modelling should be performed by persons with a sound fundamental knowledge of ventilation and ideally should be validated with field data, but in large mines, or mines which are yet to be mined, accurate input of the simulation variables can be difficult, and errors and inaccuracies may be difficult or impossible to avoid. This study discusses and investigates the sensitivity of the mine ventilation simulation results to input errors. In addition, there are limitations to what steady-state airflow and heat simulations can model, regardless of the accuracy of the model inputs. In some situations, steady-state solvers cannot capture the dynamic changing behavior of a ventilation system. This study will also describe and apply techniques to analyze the natural variability of mine conditions on ventilation models. The consequences of poor accuracy in some parts of a mine model may impact on the health and safety criteria of ventilation designs. For example, if an airway is required to flow in a particular direction and quantity, then despite a ventilation model showing correctly designed conditions, small errors in input values may result in incorrect prediction of the direction or quantity of airflow. This may create unexpected buildup of heat or gases during operational activities, causing safety issues or operational delays. The ability to know which parts of a mine ventilation model have increased potential for poor simulation results will allow engineers to consider the ventilation design and make changes if required to better guarantee the required design flows."

Jan 1, 2019

By T. T. Tigert

INTRODUCTION THE PURPOSE of this article on methane is to present the simple basic facts of the characteristics, detection, occurrence, and control of this natural gas in metal mines, so that operators and .safety men may deal with it with some degree of confidence. Fortunately, although methane has been noted at many metal mines throughout Canada, the occurrences usually are small flows of short duration, and the ignitions experienced have, in most cases, had minor consequences. However, methane does present a hazard that can be of serious proportions, and ?any complacent attitude toward this gas that might exist in the minds .of people engaged in underground mining operations should be dispelled when it is ,pointed out that, in Ontario alone, ignitions of this gas have resulted in at least four fatalities, and eight men seriously injured and burned, during the past three years. lt is well-known that liberation of methane can and does .occur suddenly, often in mines where no gas has been found before, and that many ignitions and explosions have occurred in so called non-gassy mines. In view of this, it is apparent that no mine can, with any degree of certainty, be classified as non-gassy. CHARACTERISTICS OF METHANIZ The characteristics of natural gas encountered in most of the Ontario mines indicate that methane is the chief constituent. Methane (CH4), commonly termed 'marsh gas', and by the coal miner 'firedamp', is a colourless, odourless, and non-poisonous gas considerably lighter than air, and is the explosive gas frequently found in coal mines. Its physiological effects, closely resemble those resulting from nitrogen.

Jan 1, 1951

By S. C. Cohen, A. F. Mikkelsen

"This paper describes the improvements made to the operation of a liquid phase, 300°C, heat transfer system in the paste plant of an aluminum smelter. These improvements were achieved by replacing the original heat transfer fluid, a synthetic aromatic, with a new technology, petroleum-based product. This new fluid, Calflo HTF, provided better thermal stability, with lower toxicity, and improved plant working conditions.The procedures for fluid selection, changeout and performance monitoring are described along with a summary of control analysis over the last three years."

Jan 1, 1993

By Stewart W. Daniel

"Increasing labour costs, the trend to larger mills, the processing of lower grade ores and a diminishing sup-ply of well-trained and experienced mill operators contribute to the necessity of automating a grinding circuit. With sophisticated process control techniques, supervision of the mill line is reduced to an occasional inspection by the shift supervisor. Process operating decisions and/or adjustments are quickly and accurately performed by the electronic devices to be described. When the variables in the grinding circuit are stabilized using the sensors and controllers as discussed, the over-all grinding circuit is maintained at its optimum grinding load level, with ample protection against under-and overloading."

Jan 1, 1967

By WENDY MARTIN

The Eastern Townships and Asbestos Hill areas are the current asbestos-producing districts of Quebec. Mining in the two areas began in the /are 1870s and 1972 respectively. Production from the Eastern Townships is derived from rhe Serpentine Zone of ulrramafic rocks, specifically from basal serpentinized peridotite members of what are now considered to be allochrhonous ophiolitic material that was abducted onto the Early Ordovician continental margin. From south west to northeast, the rhree allochthonous asbestos-producing sections of the Serpentine Zone are designated the Asbestos Ophiolite Complex, the Thetford Mines Ophiolite Complex and the Pennington Dyke; the Pennington Dyke is considered to represent a segment of serpentinized Alpine peridotire that was fragmenred from a larger, more complete ophiolire complex. The Asbesros Hill deposir on the Ungava Peninsula lies in what apparenrly is an inrrusive sill found wirhin rhe Chukorar Group, the uppermosr group of Precambrian-aged Cape SmithWakeham Bay Belr of volcanic-sedimentary rocks.

Jan 1, 1984

By T. G. Joseph, A. Sharma

ABSTRACT: Ultra-class haul trucks operating in oil sand face operational and maintenance issues as a result of soft underfoot conditions (Joseph, 2002). With exposure to frequent high g loading events, tire life is reduced due to sidewall belt fexure and frequent ground contact. Therefore, an improved under-standing of the interaction between tires and oil sand is needed. This paper examines the outcomes of a series of static and cyclic loading tests, performed using a scale tire on rigid, sand, and oil sand surfaces. Geometric predictions are made regarding the footprint area and vertical deformation of an ultra-classtire on similar surfaces.

Jan 1, 2011

By B. Dyck, L. Verhelst

"Colloidal silica in Key Lake’s Solvent Extraction (SX) feed solutions has presented an operational problem for the mill throughout its history. The colloidal silica stabilizes aqueous continuous emulsions, resulting in elevated solvent losses and operational downtime. Through the years, many attempts have been made to solve this problem, but no viable solutions were found. By revisiting an idea dating back to the 1979 feasibility study and re-evaluating it under current operating conditions, a practical solution was achieved. This paper discusses Key Lake’s history around colloidal silica removal, starting with coagulation using a polyethylene oxide polymer (PEO), and ending with coagulation using a polyethylene glycol (PEG) polymer. The results of a mill trial using POLYSIL® RM1250 introduced at doses up to 300 ppm into the counter current decantation (CCD) circuit to clarify SX feed solutions are discussed with a focus on the benefits to SX.INTRODUCTION Colloidal silica has historically been a significant operational problem in the Key Lake mill. Silica originates from clays in the ore as well as concrete backfill intermixed with the ore resulting from the mining method used at Key Lake’s ore source, the McArthur River mine. The silica is dissolved as silicic acid into solution in the mill’s sulphuric acid leaching circuit. Once in solution, silicic acid polymerizes (Hearn, Smethurst, & Boskovic, 2016) forming a fine suspension of stable colloidal particles. These silica colloids are unaffected by flocculants and sand filtration reporting to the pregnant leach solution (PLS) as a fine turbidity in solution. Silica concentrations typically ranged from 700 to 1200 mg/L Si in the PLS fed to SX. Throughout Key Lake’s history, silica interactions in the Solvent Extraction (SX) process have made SX a mill bottleneck and a source of significant reagent costs."

Jan 1, 2018

By I. S. Thompson

"The discovery of low-grade copper-silver mineralization near the town of Tipperary, Ireland, by Gortdrum Mines Limited was the result of reconnaissance geological and geochemical exploration followed by target delineation from induced polarization surveys.Initially, orientation studies at the Tynagh lead-zinc orebody showed that such deposits could be readily detected in stream sediments and soils using cold extraction analysis for total heavy metals. Numerous areas showing stratigraphical and structural similarities to Tynagh were then selected for reconnaissance geochemical prospecting.The Gortdrum deposit was detectable through the presence of anomalous metal values in stream sediments 3,000 feet downstream; soil sampling indicated an area of 2,000 by 700 feet containing 2 Yz to 20 times background cold-extractable metal values. Induced polarization surveys defined the dimensions and attitude of mineralization.Drilling to date has outlined (under 10 to 20 feet of till) low-grade copper-silver mineralization within Lower Carboniferous limestones and shales which have been faulted against Devonian sandstone. Mineralization ex-tends from surface to depths of 250 to 450 feet and consists of bornite-chalcocite-tetrahedrite and some chalcopy-rite in altered limestones and intrusive dikes.The deposit is geologically analogons to the Tynagh and Silvermines orebodies, but in contrast exhibits a predom-inant structural control. Provisionally, it is postulated that mid-Carboniferous folding and faulting produced the pre-mineralization high porosity via recrystallization, shearing and brecciation. Subsequently, hydrothermal solutions from the west, with a probable eommon origin to the volcanic dikes, were introduced along the fault planes. Although syngenetic causes cannot be exempted, the field relationships favour an epigenetic origin."

Jan 1, 1967

By E. A. Morris

It has been shown that Alberta oil-sands fluid coke can be effectively used to reduce SO2 to elemental sulphur while simultaneously producing sulphur-impregnated activated carbon (SlAC). In the capture of mercury from industrial flue gases, SIAC has proven to be a highly effective adsorbent material. The current research aims at developing an existing SlAC technology to meet the needs of copper smelters for mitigating both mercury and SO2 emissions, while making elemental sulphur as a co-product. The challenge behind this undertaking is that these flue gases generally contain percent levels of 02 and H20 vapour (2-12%). The focus of this study is therefore on the feasibility of reducing SO2 using fluid coke under copper smelter flue gas conditions, as well as the optimisation of SIAC properties for capturing vapour phase mercury. It is hypothesised that mercury capacity is strongly affected by the 02 potential of the activation gas due to changes in surface sulphur types arising from different reduced sulphur species. To verify this, gas chromatography is used to analyse the reaction products while XPS and XANES will be used to describe the nature of sulphur on the SlAC surface. CVAFS analysis of mercury capacity will finalise the hypothesis assessment. Preliminary results indicate that 02 at 5% does not play a significant role in SSA or pore development. As expected, increased residence time contributes to SO2 reduction and elemental S yield.

Jan 1, 2007

Sustainable Development SAFETY ?Safety is the most important element of sustainability. ?One bad experience or incident can mar a company?s reputation for a long, long time. ?News travels faster than ever ?Internet, blogs, texting, peer-to-peer communication, etc. and unfortunately sometimes the information is not always accurate. ?Rarely do we hear in the news about the mining companies or projects that are done safely ?we always hear about the exceptions. ?Safety is just like TQI / TQM ?the process of improving can never stop.

May 1, 2010

By M. Labrie, H. L. Gibson, G. Doiron, J. J. Watkins, D. H. Watkinson

The Corbet deposit is one of 17 proximal Cu-Zn massive sulfide deposits located. within the Noranda Cauldron which occurs within the core of the Noranda Volcanic Complex. The deposit is located at the top of the Havrian Formation, the lowermost formation of the 3000 m thick Mine Sequence; the deposit has Yielded 2.75 M tonnes of ore grading 3% Cu, 0.96% Zn, 2.06 g/t Ag and 1.0 g/t Au. The multi-lens Corbet deposit formed within a 250 m wide crater that occurs within a localized breccia pile. The Corbet breccia pile was constructed by explosive magmatic and hydrovolcanic eruptions localized along the south flank of a larger andesitic shield volcano that formed during the waning stages of Havrian volcanism. The breccia footwall of the deposit allowed unfocused and widespread hydrothermal discharge that resulted in the development of a large area of chlorite and fringing sericite alteration that exceeds, by six times, the size of the sulfide lenses and represents a significant exploration target.

Jan 1, 1993

By R. G. Bradburn

"Brenda Mines Limited is a low grade open pit mining and milling operation located near Peachland, British Columbia. The mill was brought into production in late 1969 at a rated capacity of 24,000 tons per day. Tt currently treats an average of 30,000 tons per day of an ore that has an average grade of 0.130% copper and 0.030% molybdenum.Description of Crushing and Grinding CircuitsRun of mine ore is delivered to a primary gyratory crusher. The minus seven inch product is separated into plus and minus one inch fractions on two parallel vibrating screens. The fine product is conveyed directly to the mill fine ore bins, while the coarse fraction is sent to a 45,000 ton stockpile.Material from the stockpile is fed to two standard cone crushers which operate in an open circuit with five secondary vibrating screens. The minus five-eighth inch product from these screens is conveyed to the mill fine ore bins while the coarse fraction is fed to four shorthead cone crushers. These crushers operate in closed circuit with the screens."

Jan 1, 1981

By J. E. Tupper

"This paper will discuss strategies for the introduction of computer technology in the mine environment. More specifically, it will focus on issues such as: (a) make or buy; (b) programmer less mines; and (c) support from corporate groups.The paper relates these strategies to systems for mine operations. These will be illustrated by considering the implementation of some phases of these systems at Teck Corporation.IntroductionThis presentation addresses some of the major considerations in a strategy for mine computerization and then relates these considerations to the computerization cycle and Teck Corporation.Strategy is defined as a conceptual framework or plan to accomplish a goal. For purposes of this paper, the goals can be more simply defined for operational purposes as either increasing revenue or decreasing costs.The strategy will allow us the framework for measuring tactical decisions such as computer and software acquisitions.The Mine Life CycleTo start with, let us look at the mine life cycle from a computer systems point of view:-Exploration-Property Development-Feasibility-Construction-OperationFrom a systems point of view, the exploration cycle is oriented to geophysical and geochemical computing. Property development starts with drilling and building the geological data base. The feasibility cycle includes all stages of evaluating the decision to proceed with mine development: ore reserve calculations; mine planning; and financial projections. Construction includes project management and project accounting systems. Systems required for operation are those needed by personnel at the mine site."

Jan 1, 1982

By W. B. Agocs

"IntroductionWITH THE DISCOVERY of natural radioactivity at the end of the 19th century, and the design of equipment for the detection of this phenomenon, radioactivity surveys bad their inception. Early in the 20th century it was found that almost all rocks are radioactive to a certain degree. This radioactivity is due to the nuclear disintegration of six naturally radioactive elements: potassium, thorium, uranium, rubidium, samarium, and lutecium.The radioactivity of these elements manifests itself by the emission of some concentration of alpha, beta, and gamma 'rays'. Of these, the alpha and beta 'rays' are, respectively, helium atoms and electrons, while the gamma 'rays' are short wave length x-rays generated in the nuclear disintegration by the transformation of mass into energy.The alpha and beta rays, being particles of matter, are stopped ve• easily by material barriers, but gamma rays are extremely penetrating and they will pass through a foot or more of rock or several inches of lead.The radioactivity may be detected by the causing of ionization by the radiation. The radiation detectors may be divided into four classes: ionization chambers, proportion al counters, and Geiger counters, all of which use gas for ionization, and scintillation counters, in which a solid is ionized. The basic principle of all these detectors is the same; the difference lies in the method used to measure the degree of ionization produced by the rays. Currently, the scintillation counter is displacing, the other instruments in radioactivity surveying."

Jan 1, 1955

By K. D. Bulin

"An interesting brief history review of shovels as the primary excavating tool will permit the reader to see that immeasurable development and resources have preceded the shovel excavators which today are used extensively throughout the mining industry. With this as a background, the shovel manufacturer has the ability to utilize his resources best in those areas of shovel development in which the maximum benefits of increased reliability, performance and ease of maintenance will improve the operating rewards to the user of the equipment. The author explains the function of the shovel as a part of the material handling system. A detailed description of those areas of the shovel in which the most recent developments and major improvements have been implemented in the manufacture of the shovel excavator arc included."

Jan 1, 1973

By N. Fukatsu

The recent development of galvanic cell-type hydrogen sensor for molten copper was outlined. The principle of the sensing mechanism, the fundamental structure of the sensor, and its performance as a process control device are discussed based on experimental work undertaken by the authors. Besides sensors based on usual perovskite-type proton conducting oxide, those using magnesium-doped alpha alumina, which was recently known as a proton conductor, were investigated and the results at the laboratory scale are reported. Considering the excellent sensitivity at high temperature and the stability to the disturbance from the attendant oxygen activity, magnesium-doped alpha alumina was regarded to be a superior material for the sensors used for such purposes.

Jan 1, 2007