Search Documents

By Neil R. Burns, Michael Doggett

Abstract - The Nanisivik mine offers a unique opportunity to examine the economics of a mining scenario from its original feasibility study through to closure. In the early 1970s, the Strathcona Sound project (exploration around the Nanisivik mine) had advanced to the point where a significant mineralized body had been defined and a feasibility study was initiated. The study supported development of the Nanisivik mine, with government investment in regional infrastructure, and the mine was constructed and operated for 26 years. Many elements of the feasibility study were difficult to estimate because the project was unique in its high Arctic setting. As a result, many differences were found when comparing the actual mining data to the feasibility study. The majority of these differences were the result of an actual mine life of 26 years instead of the planned 12.5 years. Most of the mining costs were higher than estimated and production occurred at a much higher extraction rate than planned. On a constant dollar basis, the metal prices were, on average, below the feasibility estimates. For the most part, these differences balanced out, with the actual mining being only slightly more profitable than anticipated in the feasibility study.

Jan 1, 2004

By Keith Spence

"The notion of ""value"" has always been a subjective and contentious issue. Indeed, Value is in the eye of the beholder. There are varied methods and practices for valuing property, as there are industries in which they are applied. For example, there are ""replacement value"", ""insurance value, ""salvage value"", ""appraised value"", ""book value"" and ""fair market value"", to name a few, although in the mining industry, valuations usually refer to fair market value.In the Canadian mining industry, at present, there are no comprehensive regulations or guidelines that specify which approaches or methods are appropriate for use in the valuation of mineral projects. In January 1999, The Mining Standards Task Force of the Toronto Stock Exchange and the Ontario Securities Commission recommended that the Canadian Institute of Mining, Metallurgy and Petroleum establish a committee to review and advise on approaches and methodologies for the valuation of mineral properties. Among the approaches to be considered, are included the following: the Discounted Cash Flow Approach, the Cost Approach, the Option Pricing Approach and Market Comparables Approach. In addition, methodologies differ depending on whether the project is at the exploration stage or the producing stage.The CIMVal committee expects that its final report will form the basis for a standard Canadian Code for the valuation of mineral properties."

Jan 1, 2003

By J. D. Christian

WHEN mining development began in the Kirkland Lake camp, twenty-five years ago, there was very little information obtainable from surface showings as to the nature of the ore deposits. A length of almost a mile of the main 'break' lay under the south arm of the lake, and elsewhere most of the outcrops were covered with glacial drift. Shafts were sunk on ore-bodies of uncertain value, either on the outcrop of the veins or-because of the lake to the north-in the south or hanging-wall. In the second year of the camp's development, the Great War broke out and retarded progress for its duration. He would have been a real optimist who, in those early years, could have foreseen mining at depths of more than a mile.

Jan 1, 1939

By X. (Mike) Yao

Rock mechanics engineers must provide ground support designs that ensure a safe underground working environment. Unexpected falls of ground are unacceptable while ground support systems must be adequate. Ground support must be economic for the area supported and the time frame the opening is in use. While numerical modeling can be used for ground support design, empirical models are still the common useful design tools. Empirical models are best developed and improved from local experiences although some models, such as Stability Graph (Potvin et al, 1992), are in extensive use by the Canadian mining industry. To determine the adequacy of ground support practices at HBMS, a database of 50 fall of ground case histories between 1985 and 2001 was compiled. For each failure, the recorded data included: location, rock type, rock mass conditions, opening and failure geometry, installed ground support and failure mechanism. An analysis of the database was done to obtain an understanding of failure frequency association with rock types, stope geometry and installed ground support, and to assess what support design changes were necessary. The paper describes changes made to ground support and mining practices during the last five years, and the formation of new ground support standards and practices which have been successful in reducing ground falls while providing improved, efficient and economical ground support.

May 1, 2002

By CIMVAL

This Code for the Valuation of Mineral Properties (the “CIMVAL Code”) is the result of a review more than a decade after the release in 2003 of the “Standards and Guidelines for Valuation of Mineral Properties” (the "2003 Standards"). The purpose of the review is to update the 2003 Standards to reflect domestic valuation, international valuation, and regulatory developments. The CIMVAL Code was adopted by the Canadian Institute of Mining, Metallurgy & Petroleum (the "CIM") Council on November 29, 2019. The CIMVAL Code supersedes the 2003 Standards. The 2003 Standards were dated February 2003 and were adopted by the CIM Council on March 9, 2003 as the first comprehensive set of standards for Valuation of Mineral Properties in the Canadian mining industry. The 2003 Standards followed recommendations of the Mining Standards Task Force of the Toronto Stock Exchange and the Ontario Securities Commission, where in its Final Report (January 1999), the CIM was specifically asked to form a committee of valuation practitioners to review and advise on standards for the Valuation of Mineral Properties. The Special Committee on Valuation of Mineral Properties ("CIMVAL") was created on May 5, 1999 with the mandate to recommend standards and guidelines for Valuation of Mineral Properties to be used by the mining industry in general. The CIMVAL Code is limited to the Valuation of Mineral Properties (including any interests therein) and does not cover valuation of corporations or other entities that hold Mineral Properties as assets. The CIMVAL Code does not cover petroleum and related assets. CIMVAL recommends that the CIMVAL Code be followed for all Valuations of Mineral Properties, including those required by securities administrators and stock exchanges. However, when a Valuation is required under the applicable rules of securities administrators or stock exchanges, such rules prevail to the extent of any inconsistency.

Nov 29, 2019

By C. Siac

"It is a widely held view that in the 21st century, the mining industry will be dominated by a relatively small number of large companies, truly global in scope and internationally staffed (Gooding, 1997). Interestingly enough, most of the exploration and exploitation activities are being carried out by junior and major mining companies from common law jurisdictions in civil law countries, in particular in Latin America, where in recent years, the region has ranked first as a destination for exploration dollars, thanks to the reforms undertaken by some countries to amend their legal framework to attract foreign investment. From a lawyer’s point of view, this is where the main challenge lies: how to bridge the gap between the two legal systems.In order to avoid pitfalls, common law lawyers should be more diligent and proactive when dealing with civil law jurisdictions, given the different systems of law, standards, traditions and customs. Common law lawyers cannot be expected to be well-versed in civil law but they should not be completely unfamiliar with it either. A balance should be struck to ensure clients’ needs are professionally taken care of and that common law requirements and standards are met."

Jan 1, 2003

By Arthur L. de Carle

"IntroductionThe Key Lake uranium-nickel deposits are located within a Mineral Lease centred at latitude 57 ° 12' north and longitude 105 °39' west along the southeastern rim of the Athabasca sedimentary basin in northern Saskatchewan, approximately 240 km north of La Ronge (Fig. 1). Access is provided by an allweather provincial highway from Pinchousc, situated about 200 km to the south, and a private airstrip maintained at the mincsitc.These deposits have been developed by Key Lake Mining Corporation on behalf of the Saskatchewan Uranium Joint Venture. Participants in the joint venture include Saskatchewan Mining Development Corporation (50%), Urancrz Exploration and Mining Limited (33 1/3 %) and Eldor Resources Limited (16 2/3 %).Considerable geological work has been conducted on the Key Lake orebodies and reported in summary papers published by Dahlkamp and Thn, (1977), Dahlkamp, (1978), Gatzweiler eta/., (1979) and Kirchner el a/. , (1980). However, intensive geological research is ongoing, particularly since many problems regarding ore genesis and controls remain unresolved . Exploration History and DevelopmentThe events (Gatzweiler eta/., 1980) which led to the discovery of the Key Lake ore bodies began in the summer of 1971 by following up on the reports of airborne radiometric anomalies and anomalous radon values in the Zimmer Lake water situated approximately 5 km to 6 km to the southwest. This work succeeded in locating a few high-grade uranium and nickel-bearing boulders associated with esker material. An integrated program, consisting of various geochemical and geophysical surveys along with diamond drilling, culminated in the discovery of the Gaertner orebody during July 1975. Subsequent fence drilling across the strike extensions of this ore structure located the Deilmann deposit, approximately I km to the northeast, in June 1976"

Jan 1, 1986

By W. H. MacLean, P. J. MacGeehan, A. J. Bonenfant

"The Norita deposit is an Archean volcanogenic-exhalative Fe-Zn- Cu sulphide accumulation of the distal type, consisting of six overlapping stratiform massive sulphide lenses, interbedded with exhalative cherts and thin pillow basalt flows, which formed down-topographic-slope from a mineralized hydrothermal discharge zone in the Norita rhyolite. The sulphide lenses are of two main types: channel-fill deposits such as the Main Zone and Main Zone West, composed of intricately layered pyrite-sphalerite-chert, which formed by the dynamic down-slope transport and re-deposition of sulphide exhaled from the vent zone; and stratiform lenses such as the Cu-rich A-Zone and A-Zone West, which formed even farther down-slope, in basinal depressions flanking the dome. Although rotated into a vertical position by folding, the sulphide lenses are otherwise essentially undeformed and contain a wide range of preserved primary sedimentary structures.Of prime importance in exploration has been the recognition that the formation of the distal sulphide lenses was controlled by submarine paleotopography, and that it is possible to approximate the sea-floor paleotopography using variations in the thickness and strike extent of the interbedded volcanic rocks. This has proved to be a major and successful exploration tool in the search for further sulphide mineralization in the mine, and offers prospects for use elsewhere in the district."

Jan 1, 1981

By K. Webb

At both the international and country level, the issue of how the mining sector and indigenous populations should engage on issues of mutual interest or concern has emerged as one of central importance and controversy; involving the mining industry, Aboriginal communities, governments, the courts, and other stakeholders. At its heart, stakeholder engagement is an ethical issue, although it manifests itself in international instruments, domestic laws, industry guidance and agreements. At the international level, the concept of ?free, prior and informed consent? (FPIC), while not subject to widespread agreement on the finer details of evolving definitions, seems to be emerging as an increasingly recognized engagement norm. Within Canada, through a series of decisions, the Supreme Court of Canada (SCC) has articulated a fiduciary obligation of the Crown to consult with and accommodate impacted Aboriginal groups on resource management issues. Provincial governments have been variously attempting to adjust their resource management regimes to stay in alignment with SCC and lower court decisions. Mining sector organizations, working with First Nations partners, have developed agreements to work together for mutual benefit. At the individual mine and community level, there have been instances of constructive engagement, as well situations of physical resistance and legal challenges. The purpose of this paper is to examine the potential impact of new rules under the Ontario Mining Act introduced in 2012 and taking full effect in 2013, which amongst other procedural specifications, addresses the issue of mining industry-Aboriginal consultation in exploration and development activities. Leading up to the passage of the regulations, representatives from some junior mineral exploration companies have been highly critical of the new rules. Similarly, there have been a range of responses to the new rules from some in the First Nations community. The paper will review the regulation in terms of its apparent alignment with SCC decisions and the international norm, compare the regulations with existing mining sector organization guidance documents, and it will draw on the stated perspectives and commentaries of First Nations communities, mining firms, governments, nongovernmental organizations, and others. Building on the foregoing, the paper will provide a preliminary analysis of the perspectives and potential impacts of the new regulation on various stakeholders, and on that basis, possible avenues for further consideration will be suggested.

Aug 1, 2013

By E. Hardwick, K. C. Sole, Y. Jurrius

"The Luilu cobalt plant at Kolwezi, Democratic Republic of Congo, has been operating since the late 1950s, using a conventional precipitation flowsheet for removal of impurities from the cobalt process stream. Most impurities are, however, incompletely removed using this technology. Copper and zinc, both of which quantitatively deposit at the cathode in the cobalt electrowinning process, are two of the main impurities contaminating the cobalt metal product. Ion exchange offers a modern approach to removing these impurities from the cobalt advance electrolyte.Following a laboratory testwork programme to identify a suitable ion-exchange system, an on-site pilot-plant trial, treating 1500 to 3000 L/d of electrolyte, was operated for a period of six weeks to optimise the operating conditions and to determine full-scale design criteria. Copper removal was carried out using a fixed-bed lead-polish configuration with the Lanxess iminodiacetic acid resin, TP 207. Zinc removal was subsequently carried out in a similar configuration using the Lanxess aminophosphonic acid resin, TP 260. The optimised system proved capable of removing both copper and zinc from 20 to 30 mg/L to <1 mg/L from plant electrolyte containing ~20 g/L Co. Selective elution allows co-loaded cobalt to be returned to the main circuit and value to be obtained for the copper impurity. The process shows operational and economic advantages over the traditional flowsheet. Full-scale implementation of the developed process is in progress and some design considerations are discussed."

Jan 1, 2014

By J. E. Williamson

Introduction 1. Factors on Which the Design of the Roaster Plant was Based The roasting operation at Lake Shore, it was realized from the outset, would be profitable only if costs and losses could be reduced to a low figure. It was absolutely imperative that the operation should be self roasting over the whole range of tonnages and sulphur grades which might obtain during the life of the mine. The roasting operation could not bear the cost in fuel and labour of even a partially fired roast. To meet this requirement, it was necessary to resort to additional insulation in the construction of the roaster and to provide a more flexible means of rabble cooling than the conventional water jacket (see p. 31). A second basic consideration was that of handling a wet, putty-like concentrate. The operating costs of a drier ruled out the possibility of drying the charge before feeding it to the roaster. Moreover, the dusting which would result from charging a dry product virtually all -40 micron (325 mesh) in size would seriously handicap the use of a dryer. Dust lubrication (p. 3S) due to the back-mixing action of the Edwards rabbles, and the use of a Sullivan slapper ( p. 27) on the concentrate filter, completely solved the problem of handling the roast feed. The third consideration was the reduction of dusting to a sufficiently low point that a Cottrell or other dust collecting system was unnecessary. The Edwards roaster when properly supervised, it is believed, can be operated to give the minimum possible dusting. At Lake Shore, the evidence has been that less than 1 per cent dusting occurs at any time and that the greater part of the dust produced is recovered either in the spray tower or in the dust chambers.

Jan 1, 1947

By Meimei Zhang

In the overall open pit mine planning process, mining phase design is a strategic driver in guiding and constructing the block extraction sequence and determining the annual net cash flow distribution. Mining phase design should obey some practical constraints, such as ?minimum mining width? and ?flat mining phase bottom?, to allow space for haul road development and truck and shovel access on each bench. However, these practical mining phase design requirements are not taken into account in all first-cut mining phase design methods and post-processing is always required to convert an impractical design to a practical one, resulting in a potentially significant loss of Net Present Value (NPV) relative to the first-cut impractical designs. In this paper, we present a method using a meta-heuristic algorithm ? Simulated Annealing ? to enforce those practical constraints in determining a mineable phase design whilst ensuring minimum NPV loss.

Oct 1, 2009

By C. E. Ells

Current knowledge of the behaviour of inert gases in metals is reviewed, with particular emphasis given to the phenomenon of the growth of gas-filled bubbles.

Jan 1, 1960

By S. D. Botts, F. Cantuarias

"The Antamina project, owned by BHP Billiton Plc, Mitsubishi Corporation, Noranda Inc., and Teck Cominco Ltd., is a $2.3 billion copper/ zinc project, located in the Ancash Department of Peru. The project consists of an open pit mine, a 70 000 ton per day concentrator, a 302 km long concentrate pipeline, port facilities, a new access road, power line, and town site. The project is designed to produce up to 1.5 Mtpy of copper and zinc concentrates over a 23 year project life, and will be the third largest producer of zinc and the seventh largest producer of copper in the world.This mega project is the largest mining investment in the country and, during its construction stage, was the most important construction project worldwide. On May 28, 2001, Antamina commenced testing operations and four months later, it reached commercial production. Antamina was officially inaugurated on November 14, 2001 by Peruvian president Alejandro Toledo.The construction stage of the project generated 8000 direct jobs, with a peak of 10 000 employees, and 30 000 indirect jobs. The permanent workforce consists of approximately 1650 employees, the vast majority of which are Peruvian Nationals, around 30% of whom came from the region where the deposit is located. Approximately 5600 indirect jobs were generated from the project. Independent sources state that Antamina increased the Peruvian mining exports by 30% (mining exports constitute 50% of Peru’s total exports) and Peruvian GDP by 1% in its first year of full operation in 2002.Since winning the privatization bid for the project in 1996, the company has implemented an approach to community development and environmental protection based on sustainable development principals. Throughout the development of the project, a number of initiatives have been undertaken to ensure full involvement of the local populations in community development activities and the company’s environmental program.Due to its size, difficult logistics, cultural considerations and financial aspects, the project has faced a number of unique challenges in the area of environmental protection and management of community interaction. Antamina has been innovative in its approach to these issues and, as a result, has set new standards in Peru for environmental and community management and sustainable development."

Jan 1, 2003

By G. S. Farnham

Abstract This paper lists the interests of the Physical Metallurgy and Chemical Research laboratories of the Metallgesellschaft, which were visited by the authors, members of a group of Canadian investigators sent to Germany by the Department of Reconstruction in 1945. The Physical Metallurgy Research Laboratory The following information was obtained from Professor E. Schmid, Chief of the laboratories. It is understood that Dr. Schmid is a former Nazi and was to be removed from his post in November (1945). Aluminium Research The laboratories investigated the corrosion resistance of the high-strength aluminium-magnesium-zinc alloys. The same test procedure as used by V.L.W. was followed and Dr. Schmid co-operated closely with Dr. Brenner on this project. Intercrystalline corrosion was combatted by additions of chromium, titanium, or vanadium, and the work in this field parallels that of Dr. Brenner of V.L.W. * Dr. Schmid reports that Bollenrath and Siebert believe that corrosion difficulties with these alloys can be overcome to some extent by heat treatment. He himself was of opinion that the correct answer lay not only in correct alloying but also in correct heat treatment. The heat treatment involved either interrupted quenching or a change in quenching rate from a solution temperature of 500°C. The procedure is either a slower cooling from solution temperature or an interrupted cooling with a holding period at l50°C. Work had been done on piston alloys, the 11-13% Si, 1% Ni, 1% Cu, and 1% Mg being the favoured material. This is called Lo-Ex and is similar to Mahle 124 or KS1275.

Jan 1, 1946

By Tao Long

Recently, the great amount of funds has been invested in the reconstruction of damaged infrastructure and house of subsidence area of coal mine and mine reclamation. This is a benevolent and popular work, which is highly praised. However, because of complicated collapse area problems in China, especially the less integrated control research in the collapse area of metal mine, and the technological weakness, how to effectively control the subsidence area, restore landscape and ecological environment, and utilize the abandoned mine land, are major issue related to the mining area of sustainable development. The research situation about the formation of metal mine collapse area at home and abroad is reviewed, and then the effect of the collapse area on the mine safety and ecological environment, the existing technical problems and development direction are analyzed. Lastly, the technical measures of the collapse area control and cooperative underground mining is put forward.

Oct 1, 2010

"The Upper Mannville unit commonly consists of interbedded marine and non-marine sands and shales, but in northwestern Alberta the unit consists of marine shales of the Spirit River Formation. A thick tongue of marine shale (Clearwater Formation) ex-tends eastward into the Athabasca area below sandy Grand Rapids beds. Correlation of Upper Mannville rocks to the southeast is difficult, but in the Cold Lake area a thick sandy depositional cycle (Mannville ""C"" of this paper) appears to be approximately correlative with the Clearwater Formation. In the Lloyd-minster region, tongues of marine sedimentary rock occur in the lower part of the Upper Mannville unit. Most of the Upper Mannville oil occurs in the Grand Rapids Formation at Wabasca, in the thick ""C"" unit and younger Mannville sands at Cold Lake, and in the Sparky and General Petroleums sands of the Lloydminster region (Figure 2).The Lower Mannville unit was deposited on an erosional surface of considerable relief that truncated the Jurassic and older strata of the Western Canada basin. Continental, probably fluviatile, sedimentation persisted over much of the Western Canada basin during deposition of the Lower Mannville unit, but an Arctic or Boreal sea lay over part of northern Alberta. At the end of the depositional episode, the sea transgressed southward and eastward (Figure 3) and re-worked the Bullhead and McMurray sands of northern Alberta into the glauconitic Bluesky and Wabiskaw sands. Topography on the sub-Cretaceous erosion-al surface had a considerable effect on the deposition of the Lower Mannville (Rudkin, 1965), and the highest hills on this surface were not completely on-lapped by Lower Mannville sediments (Figure 3). The coarser elastic material was derived both from a western Cordilleran region and from an eastern Canadian Shield region (Glaister, 1959, p. 620; Mellon, 1956)."

Jan 1, 1966

By Ben R. Bjorkman

The future is here ? or at least that?s what Mine Planners predicted some 15 years ago ? that by 2004 we would have man-less mines running themselves using space-aged technology. Truthfully, though, there hasn?t been much change in mining methods in the past decade, but thankfully that?s all about to change. The benefits of autonomous ? even Tele-operated mining (especially in narrow-vein ore bodies) are wellknown: increased production hours by eliminating travel time to and from the face, continuous production at the face while crews screen and bolt behind the working equipment, less liability for workers? safety in certain areas, etc. But when plans are put in place to accomplish this vision, things stagnate and production carries on as before. This paper examines the components necessary to make that vision a reality. First we?ll detail the technology required to enable Tele-operation ? even autonomous operation of mining machinery, then we?ll look at what?s wrong with the current way we?re mining, and finally conclude with a critique of the machinery itself.

Oct 1, 2004

By CIM Mineral Resource, Mineral Reserve Committee

Industrial minerals are generally considered to include non-metallic minerals, mineral products, or materials that provide raw material inputs for the construction, chemical, and manufacturing industries. They are often relatively low-value and bulky materials that are generally used close to where they are produced; however, some raw materials may be transported hundreds of kilometres to manufacturers and customers (ENDM, 2021). They do not include the metallic minerals, mineral fuels, or gemstones, and are used in industries based on their physical and/or chemical properties (Wikipedia, 2021). In contrast to most metallic minerals, a general distinguishing characteristic of the industrial minerals sector is their general low degree of market elasticity in relation to the market prices and product specifications. The estimation of either a Mineral Resource or a Mineral Reserve (MRMR) for an industrial minerals deposit can be affected to a significant degree by a number of factors that are not typically applicable to metallic mineral deposits. These factors can include such considerations as the particular physical and chemical characteristics of the final product, product quality issues, market size and market access. In some cases, such information may be confidential and proprietary. One of the key challenges of the industrial minerals sector is to define a commonly accepted listing of which types of minerals, materials, or mineral deposits can be considered as industrial minerals (Mining Standards Task Force, 1999). Although definitions for what constitutes an industrial mineral can vary in detail, general descriptions can be found in American Geosciences Institute (2021), Fastmarkets IM (2021), Snowden (2019), SME (2021) and Wikipedia (2021). A brief listing of some of the materials and minerals that are generally considered to be industrial minerals is provided in Table 1. For the purposes of this document, all references to industrial minerals include not only the minerals, materials, and mineral deposits themselves, but also the various commercial products that are derived from these sources.

Nov 19, 2023

By Barbara Hendrickson

Outline ? Canadian Regulatory Update ? Turning the Corner: Background & Status ? Implications of U.S. Waxman-Markey bill for Canada ? Federal-provincial considerations ? Current certainties and uncertainties ?Turning the Corner? as Originally Proposed ? April 26, 2007 - the Canadian federal government announced Turning the Corner: An Action Plan to Reduce Greenhouse Gases and Air Pollution (?Turning the Corner?)

May 1, 2009