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By T. R. Madhavan

The development of contact angles on highly polished ?uraninite surfaces, using sodium oleate and dodecyl ammonium acetate as collectors, has been studied at different collector and hydrogen ion concentrations. It was found that sodium oleate in acidic media (up to a neutral: PH) and dodecyl ammonium acetate in neutral and alkaline media give good contact angles. It appears that the combined forms of these collectors, viz., oleic acid and free amine, are more important in effecting contact. W ITH the emergence of uranium as a strategic metal in the last fifteen years, considerable effort has been directed toward the commercial recovery of uranium from its ores. This has resulted in the development of a uranium technology. It is only in recent years, However, that fundamental data regarding the floatability and surface properties of uraninite and ?pitchblende have been elucidated by different methods. Contact-angle measurement is one of the important tools for tl1e evaluation of the conditions of floatability

Jan 1, 1964

By E. Ozberk, N. Gibson, W. G. Davenport

"In the 1950s, Canada produced more than ninety-five percent of the non-communist world's nickel and achieved dominance in terms of production, technology and pricing policies.Over the past thirty years there have been dramatic changes in the nickel industry to the extent that Canadian production is now less than thirty per cent of the total.In this document we have presented statistics relevant to this transformation and reviewed the technology, particularly with regards to energy and environmental considerations.Under the new market conditions nickel producers are likely to face more difficult competition than they have encountered in the past.The economic scene and measured nickel reserves dictate that for the purpose of increasing production, new nickel smelters will not be built in Canada in the foreseeable future. However, in order to reduce sulphur dioxide emissions, Canadian nickel smelters will possibly go through some modifications or rebuilding.IntroductionThis paper presents a review of the Canadian nickel industry in relation to the world nickel industry. Major changes are described which have occurred in the characteristics of the nickel market over the last thirty years. The pre sent status of the nickel market with respect to Forecasting future trends is reviewed and attempts are made to predict what further changes will take place in the next two decades. Comparisons are made of the economics of producing nickel from sulphide ores and oxide ores and the advantages and disadvantages the Canadian nickel producers face.A brief critique of the existing and emerging nickel production technologies in Canada and the world is carried out and attempts are mad e to predict the changes which may take place in the foreseeable future."

Jan 1, 1983

By T. A. Wheat

"The presently increasing world-wide interest in advanced ceramic materials is generally focussed on their exploitation in both structural and functional applications. With the opportunity to engineer microstructures and thereby closely control and tailor the final properties, there are many new applications being made for these materials in both areas.The scope and some of the applications for functional ceramics are reviewed and examples of the present Canadian activity in this field are discussed.BackgroundThere has been progressively increasing international interest in the development and exploitation of ceramic materials in the last five years. The stimulus for this interest arises from several quarters, each of which are independent of the other.• There is a growing awareness of the strategic nature and vulnerability of supply of the raw materials used to produce high performance metal alloys.• The metal alloys are reaching the upper temperature limit for their performance as structural components in engines.• The dramatic increase in oil prices during the late 1970s focussed attention on the need for reduced consumption in many sectors, i.e., there is a need for more efficient engines that operate at higher temperatures - above those tolerated by the present superalloys.• A number of ceramics, especially the structural materials such as SiC, A120 3, AI20rSi02, Si3N4 and the Sialons are produced using non-strategic raw materials and they can exhibit startling performance-auto turbo-rotors are in production mad e of Si3N4 that operate up to 190000 rpm at 600°C, 150000 rpm at 900°C.• Ceramic s are generally of lower density - significant in the weight-reduction of automobiles such as the replacement of a 20-kg five-segment steel leaf spring with a single segment carbon-fibre reinforced unit of 3 kg. • Ceramics also offer major ad vantages in generating, monitoring or controlling the electromagnetic spectrum whether in bulk or thin-film devices that exploit optical, magnetic, pyroelectric, piezoelectric, electronic and I or ionic conductivity characteristics.The opportunity to combine several of these char acteristics in a single material by composition, processing and microstructural design has resulted in an advanced ceramics industry that had world-wide sales in 1980of $4.2 billion (U.S.)(I) and is predicted to grow to sales in the range $7 to $10 billion by 1990 and $16 to $24 billion by the year 2000(2). However, at present, advanced ceramics account for less than 20010 of the total ceramic market."

Jan 1, 1987

By John A. Allan

The subject chosen for this paper is not a new one, but the subject matter is so extensive that something new can always be said .about it. We are just beginning to realize how little is actually known about the character of Alberta coal, except for a few general facts. The object of this paper is not to explain that our previous information, in whole or in part, on the coal resources of Alberta, has been incorrect, but rather to present some new facts obtained as a result of recent study in the field and in the laboratory. As field investigation continues the problem of determining the character of a coal seam for any great distance laterally becomes more and more complex. Our present knowledge of Alberta coal deposits should not be discussed before due reference is made to those great pioneers who blazed the trails for later geologists, by recording their observations on the general geology of Alberta. Geologists, to-day, particularly those of us who are striving, year after year, to unravel the mysteries of stratigraphy, palaeontology, and structure, in so far as these are related to the coal resources of Alberta, fully realize our indebtedness to those three trail-makers, Dawson, McConnell, and Tyrrell. Had these geologists not recorded their observations correctly, nor interpreted the broad geological facts contained in Nature's book, with still uncut pages, how much slower would have been the progress of our coal knowledge in the succeeding years. It is true that many of the interpretations given to observations by these pioneers have had to be changed as a result of closer studies, but we must also expect that the geological interpretation from present day observations will be changed by future workers, as Nature's book is read and re-read.

Jan 1, 1925

By J. Manchisi

This study has investigated the use of blast furnace slag as functional adsorbent for metal ions in acid mine drainage treatment. This opportunity has not yet been developed into a practical process partly because of limited understanding of rates and mechanisms of adsorption process and inconsistency in interpretations of adsorption data. The overall objectives were to determine the efficiency and mechanisms of sorption process of metal ions in a multiadsorbate system. We employed standard materials characterisation techniques to analyse composition, structure and surface morphology of the slag. Batch adsorption experiments were then conducted to study the mechanisms, kinetics and efficiency of metal sorption as a function of pH, phase ratio, mixing time, mass and particle sizes of slag. Both XRF and adsorption data suggested the slag to possess acid neutralising capacity. This slag is non-crystalline based on XRD pattern, has adequate porosity and pore volume comparable to similar commercial adsorbents but it has inferior pore structure, pore size distribution and BET surface area to be effective under wide applications. Metal sorption increased with decrease in slag particle diameter, decrease in initial metal concentration and increase in the mass of slag. Although slags have demonstrated to efficiently treat low concentrations of single and multiadsorbate effluents using fine particle sizes, they have limited capacity to treat multiadsorbate systems for some metal ions. This is probably due to low affinity, competitive adsorption or limitation in material?s adsorptive properties. Sorption mechanisms probably involve precipitation and ion exchange on the basis of alkaline pH and exchangeable slag surface ions. Sorption preference is proposed as Fe2+>Cu2+>>Cd2+>Co2+>Mn2+. Despite these limitations, deeper understanding of sorption behaviour of metal ions by slags for application in dilute and large volumes of effluents is necessary where precipitation and other standard techniques are either inefficient or uneconomic. Thus, this study has established that sorption capacity of slag to remove metal ions from acidic effluents is selective, limited to certain metal ions and for other ions only at low concentrations. Further adsorption studies in multiple solutes under various experimental conditions or those that can propose an economic slag activation process are needed that improves or widens adsorption window.

Aug 1, 2013

By A. Ockewitz, A. Trondl, D. -Z. Sun

"Numerical simulation of extrusion processes offers an efficient method for tool design and optimization of geometries and properties of extruded parts. However, until now there are few systematic investigations about influences of material model and different parameters e.g. for friction and thermal processes on calculated local and global responses. Since extrusion processes are essentially influenced by friction between billet and extrusion tools, new friction tests were performed in this work to develop a reliable friction model. Compression and torsion tests were performed at different temperatures and velocities to calibrate the material model for extrusion simulations. Extrusion processes for circular rods and U-profiles were conducted at TU Berlin with backward and forward extrusion for different extrusion ratios, billet temperatures, product velocities and cooling conditions. This work focuses on numerical simulations of the extrusion tests with the FE code HyperXtrude. Based on the calculated distributions of local strain, strain rate and temperature the recrystallized volume fraction and grain sizes were calculated with empirical models and compared with the experimental results from optical micrographs and EBSD scans. The calculated total and friction forces and temperatures were compared with the experimental results and the deviations between experiment and simulation were analyzed.INTRODUCTION Extruded aluminum components are widely used in vehicle constructions due to light weight and manufacturing consideration. Local mechanical properties in the components are inhomogeneous as a consequence of the spatial distribution of microstructure which is influenced by numerous factors like material composition, temperature, tool design, friction, extrusion ratio and speed during the extrusion process. For the optimization of the extrusion process with regard to all these factors numerical simulation can be an essential tool. Based on results of finite element simulations of the extrusion process the microstructure in the extruded components can be predicted and then the resulting mechanical properties can be numerically determined instead of by costly trial and error methods. The aim of the work presented in this paper is the development of a numerical method for the simulation of extrusion processes with modeling of microstructure."

Jan 1, 2018

By Ruan Chi, Zhenyue Zhang, Zhengyan He

In order to understand what governs the leaching of exchangeable rare earth (RE) and impurities and enhance the RE leaching process, the effects of the concentration of ammonium sulfate, pH and leaching temperature on the migration of RE and aluminum (Al) during the leaching of weathered crust elution-deposited rare earth ore was studied. The elution curves for ammonium ion (NH4 +) were also studied to reduce the consumption of the leaching agent. It was found that a high concentration of leaching agent can enhance the leaching process of RE and Al, reduce the breakthrough volume of NH4 + and more rapidly obtain the equilibrium of NH4 +. However, excessive leaching agent can both increase the cost and the burden on the environment. There is almost no variation on the elution curves of RE and Al in the pH range of 4-8 and control of the pH of the leaching agent can be omitted. It is better for the leaching work to be done in summer since higher temperatures can enhance the RE leaching process and improve the use ratio of ammonium. Using 0.1 mol/L ammonium sulfate for leaching 250 g RE ore, 95.42% RE extraction can be obtained when the volume of leachate is 102.6 mL. At this moment, only 18.17% of NH4 + is used to exchange RE and 49.22% of NH4 + is left in the leachate that can be reused as leaching agent by replenishing ammonium sulfate. The results of our studies can provide theoretical guidance for high efficiency and low consumption exploitation of RE ores.

Jan 1, 2016

By R. B. Roberts, A. L. Mular

A simple way to determine the IEP of oxide minerals is described. The method is shown to apply for fine powders of Fe203 and ZnO. The IEP lies at pH 6.95 for Fe203 and at pH 9.08 for ZnO.

Jan 1, 1966

Adaptive processing is often related to the mineral composition of the mining block currently processed. The portions of waste, ore and secondary product minerals considered are always positive and typically sum to 100% (i.e. a composition). A typical solution to predict block averages of spatially dependent quantities would be block kriging. However, kriging is based on spatial correlations and it has been repeatedly shown that correlations of compositional data are spurious and blurred by the constant sum constraint. Aitchison (1982) proposed a general solution for compositional problems, based on transforming the compositional data to a set of logarithms of ratios of components, and analysing the transformed scores. The transform is chosen to be invertible to ensure that no information is lost in the process. This methodology avoids spurious correlation problems and ensures coherence between results obtained with different subcompositions. Pawlowsky-Glahn and Olea (2004) adapted the approach for point-support geostatistics, allowing the prediction of point compositions from spatially neighbouring data, without the artefacts induced by standard multivariate cokriging. Unfortunately upscaling the results of this approach with block cokriging is not straightforward, because of the nonlinearity of logratio transforms. Furthermore, we have to consider those nonlinearities created by the dependence on the block composition of extraction efficiency and processing costs of the possible processing choices. This paper proposes a solution for predicting the conditional expectations of the benefit of processing the block with each processing choice using geostatistical simulations of the local values of the composition and the resulting block integrals. The computation for a large number of blocks can be done efficiently using Cholesky decomposition. The approach also allows the calculation of prediction errors for expected compositions and expected benefit at almost no additional computational cost. Such compositional approach is necessary, for example when processing choices depend on proportions of certain minerals after other components have been removed; or if processing alters the composition in a multiplicative way, by partially removing a portion of some components.

Aug 1, 2013

By Dirk Claessens

The term ?cost? is too small when describing the destructive power of safety incidents for mining companies. Breaches in employee or environmental safety are felt way beyond the bottom-line: human life can be taken; ecosystems tarnished; the ire of peoples, media and government inflamed; significant halting of production; and high levels of legal and financial challenges. According to a recent survey of Mining executivesi, ?ensuring workforce safety? was the most important issues identified above any other, with a plurality of 31 percent, reigning above capital projects, product efficiency, and equipment reliability. We accept that safety is a most paramount issue, yet for many reasons we keep approaching the problem the same way we have in the past. We need to stop doing the same things decade over decade and try something new. New innovations are significantly changing the fundamentals of how mining companies explore, excavate, produce, refine and distribute their valuable commodities. Technologies such as visualization, analytics, location awareness, and gaming simulation are making these enterprises smarter. Now, attention turns to an area we?ve long held as integral to our business: safety. By using the same breakthrough technologies that are changing our business, we can now boldly imagine ? and credibly strive for ? a world of zero incidents.

Aug 1, 2013

By M. Pötsch, A. Kluckner, P. Söllner, W. Schubert

"The in situ block size is a key parameter in the geomechanical characterization of rock masses. It describes the fracturing of the rock mass and thus is a measure for the degradation of the rock mass strength. Several classification systems use the in situ block size. For instance, the Geological Strength Index (GSI) requires the “blockiness” and joint surface condition factor as key input parameters. The “blockiness” has recently been related to the in situ block volume (Cai et al., 2004). Due to the limited information about the internals of a rock mass, it is not possible to determine the in situ block size directly. Currently, the in situ block size is determined by calculations using oversimplified models, vague estimations or, due to the lack of relevant information, it is neglected. As remote measurement systems have become available for rock mass characterization, a more comprehensive record of discontinuities can take place. Measurements can be performed on exposed rock outcrops and in particular on tunnel faces and walls, delivering the location, orientation, spacing and persistence of discontinuities at an arbitrary number and locations. An estimation of the in situ block size at the same level of sophistication is still not available. This paper aims at examining the relationship between visible and measureable information at the rock surface, and the in situ block size. Three-dimensional block model simulations were performed using the block model engine of the distinct element code 3DEC. Initial investigations focussed on the minimally required observation area in order to obtain reliable block size distributions. Based on a representative volume element, a reference distribution of the block area at the observation area for a specific discontinuity system was determined. Subsequently, the size of the observation area was decreased stepwise and each new distribution was compared to the reference distribution. For all analyzed systems, it turned out that the mean block area must be smaller than 1% of the observation area to achieve a reliable block size distribution. Further simulations focussed on discontinuity systems with three non-persistent sets. The results were compared to the formula proposed by Cai et al. (2004). A transformation factor T was introduced which replaces the persistence terms in Cai et al.’s proposed formula. The factor describes the correlation between block volumes generated by persistent and corresponding non-persistent discontinuity sets. The simulations included the variation of the discontinuity set spacing, persistence, and orientation. The mean and additionally the 25%-, 50%- and 75%-quantiles of the block size distribution were analyzed. Examining all values for the transformation factor the distribution can be described by a power function with a negative exponent. The function depends on the persistence only. Finally, the results of random simulations were compared to the analytical formula using the transformation factor. The predicted mean and selected quantiles show a good agreement with the simulation results. It gives a comprehensive picture about the block size distribution in discontinuity systems with three non-persistent sets."

Jan 1, 2015

By H. Higuchi

The Sumitomo Metal Mining Company Ltd. (SMM) started to produce electrolytic nickel at the Niihama Nickel Refinery in 1939. In 1992, the conventional matte electrorefining process was converted to the matte chlorine leach electrowinning (MCLE) process, which is currently in practice. SMM has mainly used two kinds of nickel matte as the raw material for the MCLE process. Treatment of new raw materials, which have different impurity contents from the original nickel matte, has become mandatory because of changes in the market. Therefore, the MCLE process has been required to increase its flexibility to treat the different impurity contents in the new raw materials. An increase in the capacity for iron removal is included in such requirements. A new iron removal circuit in the MCLE process, based on a process development study, was recently installed. The iron removal circuit is in operation, and efforts are currently underway to optimize the performance of the circuit by changing the present operating parameters. In addition to the removal of the iron, the application is also expected to improve the nickel recovery. The outline of the new circuit and the current iron balance in the MCLE process are described in this paper, together with the effect of the circuit on iron treatment capacity.

Jan 1, 2006

By R. Baker

A novel electrochemical half-cell and corresponding working electrode were designed to evaluate the electro-catalytic activities of catalysts in an environment close to that of an operating proton exchange or polymer electrolyte fuel cell (PEMFC). Cyclic voltammetry (CV) and electrochemical impedance spectroscopy (EIS) techniques were employed using the novel cell to characterize various methanol electro-oxidation parameters that contribute to the overall reaction on a fuel cell anode. The effect of temperature on methanol oxidation kinetics was examined in the potential range of 0.31 to 0.65V (vs. NHE). The data was collected in the temperature range of 20 to 80°C. Based on the experimental analysis and literature data, an equivalent circuit model (ECM) for methanol oxidation was proposed and was used to fit the EIS experimental data. The experimental data and ECM electrochemical data was used to extract electrochemical kinetic parameters for methanol oxidation such as the exchange current density, Tafel slope, and energy of activation for the reaction. Kinetic data, especially at different temperatures, is very limited in the literature.

Jan 1, 2005

By K. N. Subramanian, H. Kanduth

"It is well known that chalcopyrite can be dissociated into simple sulphides by heating with elemental sulphur at about 475°C:CuFeS2 + S -> CuS + FeS2Experimental work was undertaken to determine whether this ""activation"" could be used to advantage in the selective leaching of copper from chalcopyrite concentrate.A method of treating copper concentrate with molten sulphur was developed and the activated product was leached in dilute sulphuric acid using oxygen, ferric iron or manganese dioxide as the oxidant. The object was to obtain a solution suitable for electrowinning with minimal purification, but it was impossible to obtain rapid extraction of copper without simultaneously dissolving a large proportion of iron. This was attributed to the fact that some of the copper was present as a low iron-copper sulphide (idaite) and that the pyrite formed during the ""activation"" step was more easily oxidized than natural pyrite."

Jan 1, 1973

By Yves Pépin, Sylvain Lefebvre, Dimitrios Filippou, Guillaume Hudon

"Titanium dioxide pigment plants using the so-called “chloride process” produce considerable amounts of chloride waste, which contains predominantly iron chloride. In most cases, this waste is dissolved in a weak hydrochloric acid solution and then neutralised. The metal content of the waste is dumped as hydroxide sludge, while its chloride content is lost in an effluent.Rio Tinto Iron & Titanium has developed a new proprietary process whereby pure metallic iron and chlorine gas are recovered from chloride waste by electrolysis. This process uses a two compartment cell separated by an anion exchange membrane to prevent iron cycling between its trivalent and divalent valence. The cathode is made of titanium Grade 7, while the anode is a dimensionally stable one of the type “metal–mixed metal oxide” (MMO) for the evolution of chlorine gas. The catholyte is concentrated and pH-adjusted iron-rich chloride solution originating from chloride waste. The anolyte is recirculating solution containing alkali or alkali earth chlorides such as MgCl2, NaCl, etc. Current efficiencies above 90% can be achieved at temperatures about 80°C using catholyte solutions almost saturated in iron chloride and other chlorides.In this paper, we discuss the details of this process, and how this could be integrated within a chloride pigment plant for the treatment of chloride wastes."

Jan 1, 2016

By G. Kollberg

"IntroductionThe SALA Caravan Mill system represents a proven concept for the design and operation of mobile and semi-mobile ore dressing plants.The Caravan Mill has been developed to meet the demand for a flexible processing plant to be used for small and medium-sized orebodies or for pilot investigations of deposits directly at the mine site e •The first Caravan Mill installation was put into operation in 1970 and a number of plants have been delivered world-wide since then.The Caravan Mill system has great flexibility both in capacity, ranging from 50 to 1000 tons per day, and in process combinations. The process modules available are:• crushing by jaw and cone crushers;• pre-concentration by the Dyna Whirl Pool dense media system;• grinding by wet rod or ball mills;• separation by gravity, magnetic, flotation or leaching-CVP adsorption methods;• dewatering by lamella or conventional thickeners and vacuum filters.To form complete plants, auxiliary equipment is also available, such as:• bins, feeders and conveying systems;• power generator units;• water tank and pump for process water;• interconnecting piping and cables;• erection and service tool kits;• set of spare and wear parts.For mine sites with rainy or winter conditions, a plastic tent with air heater can be supplied to cover the ore dressing equipment. Each module is workshop assembled complete with slurry pumps, internal pipe work, electric wiring with plug-in connections, hoses, etc., all arranged for quick and simple connection between the units. Before delivery, each unit is tested in the workshop."

Jan 1, 1982

By David C. Mulder

As a result of the dramatic growth of Edmonton, Alberta during the past decade and the rapidly increasing price of natural gas, Edmonton Power has received provincial government approval to construct and operate an 8O0-megawatt- capacity coal-fired thermal generating station at Genesee, about 50 km southwest of Edmonton. The power plant will consist of two 400-megawatt steam-driven thermal generators, with provision in the future for two or more additional units. The coal will be hauled by truck from the nearby three-million-tonnes- per-year strip mine, with economically recoverable reserves exceeding two hundred million tonnes. Edmonton Power controls a major part of the coal leases in the area, and is working with other lease holders in developing the most efficient mining plan. A natural depression was selected as the site for the 600-hectare cooling pond to provide water for the power plant. Edmonton Power is working closely with the people in the area to ensure that their rights and concerns are communicated and recognized by all parties.

Jan 1, 1981

By D. W. Euler, B. J. Clauzier

"Implementation of an effective energy management system will reduce energy costs without impacting negatively on production.The energy management system must be designed to complement the operation and be integrated with the organization. It must be reliable and easy to use but most important, it must have an accurate and timely feedback reporting system to allow the operation to take appropriate action.Falconbridge Limited was one of the first three companies to be awarded the energy monitoring demonstration program in May 1987. The program is sponsored jointly by the Ontario Ministry of Energy and Ontario Hydro.This paper describes the approach taken by Falconbridge Limited to implement the Onaping Area Energy Management System.IntroductionThe objective of the project was to implement an effective energy management system, capable of reducing energy costs without impacting negatively on production.Energy management systems must be designed to complement the operation and to be integrated with the organization. The system must be reliable and easy to use, but most importantly, it must have an accurate and timely feedback reporting system to allow the operation to take appropriate action."

Jan 1, 1990

By Per-Lennart Nystedt

"The Boliden Lead Kaldo Plant for the treatment of lead bearing flue-dust from the Copper Smelter and the Slag Fuming Plant has been in operation at the Ronnskar Works of Boliden Metall since the middle of 1976. At the present stage, the plant can treat lead-bearing dust of different kinds and compositions. The process allows good separation of arsenic and halogens from lead.The flue dust from the Copper Smelter and the Slag Fuming Plant is very complex and, apart from lead, also contains zinc, copper, tin, bismuth, cadmium, antimony, arsenic, sulphur, silver, chlorine and fluorine. The metallurgical process has been developed by Boliden Metall and has been tested on a pilot scale at the Foundation for Metallurgical Research (MEFOS) in Lulea, Sweden.The pelletized dust is smelted in the converter, where the heat is generated by an oil oxygen burner. The second step consists of reduction with coke. A lead bullion and slag are obtained. The slag, transported in liquid form, is treated in the Slag Fuming Plant for the recovery of zinc. The third step is the elimination of arsenic from the bullion. This is achieved by treating the lead with iron (turnings or pellets). The result is a crude lead and speiss. The lead contains silver, tin, antimony and bismuth, and is suitable for the final refining stages in normal plant equipment for refined lead.For process control, we use the rapid analysis centre, which is pneumatically and electronically linked to 'all major plant sections and allows for a quick turn-around between delivery of the sample and feedback of results. All three steps in the process are performed in the same converter.Since the starting up of the plant, the original process has been subjected to some modifications. Initial problems related to equipment, maintenance and environment have been solved step by step. Examples are quoted. Recent operating particulars are presented."

Jan 1, 1980

By Lionel C. Kilburn

"This geological engineering method is based on jour main characteristics of mineral properties, viz; location: inclusion of valuable mineralization; inclusion of geophysical and/or geochemical targets; and inclusion of geological targets. These are subdivided into a total of 19 subcategories, which are used to determine the value of the property.The nineteen subcategories are prioritized and assigned relative value factors from 1.3 to 10. Value of each mineral claim unit is determined by applying the appropriate subcategory factors to a base value of $400per 16.2 hectare unit. Property value is calculated by totalling the values of such individual claim-units.The boundary between ore grade and sub-ore grade must be estimated for each property under valuation, thereby making the method sensitive to mineral commodity prices.A clear and disciplined sequence of decisions based on personal experience forms the basis of this method. The method utilizes all factors normally used to value a mineral property.IntroductionIt is generally accepted in the exploration industry that valuation of exploration properties is a subjective rather than objective process (Roscoe, 1986; Lawrence, 1988; Lawrence, 1989; Woodcock, 1985), and that it is greatly influenced by the experience and qualifications of the person who is doing the valuation. However, the significantly low degree of objectivity in mineral property valuation at this point in time invites effort to achieve a more quantitative engineering basis.Value of a mineral property depends basically upon metal prices, recoverable grades, mining and metallurgical practices, commodity supply and demand , and political-economic conditions, all of which vary with time. Therefore, any valuation is valid for only that point in time when it is made. Mineral deposits can decrease as well as increase in technical value with time."

Jan 1, 1990