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By Jane Spooner

"The papers presented in this edition of the Bulletin cover some of the business issues that face mining companies exploring or operating in jurisdictions outside Canada. While technical innovations may, generally, be seen as fast-moving and farreaching, these papers also show that changes in approach and thinking continue to be evaluated and implemented.The Forum paper co-authored by Roger Taplin of McCarthy Tétrault LLP and Marchand Snyman of Muratie Investments Pty Ltd. highlights the quite radical changes that have taken place in South Africa’s mining industry with the introduction of the Mineral and Petroleum Resources Development Act, 2002, in October of that year, together with the Broad-based Socio-Economic Empowerment Charter for the South African Mining Industry and the Mineral and Petroleum Royalty Bill of March 2003."

Jan 1, 2004

By A. E. Hilder

Introductory The following pages present the results of field investigations, laboratory and commercial tests, drilling, surveying, and preliminary development of the refractory clays which have been discovered recently in the township of Kipling, at the foot of Long rapids on the west side of the Mattagami river about 57 miles north of Kapuskasing and approximately 7 miles north of Smoky Falls, the terminus of the privately owned railway operated by the Spruce Falls Power and Paper Company, Kapuskasing (see Figure 1). Investigations on the clays of northern Ontario have been carried on over a period of seven years by officers of the Ontario Department of Mines, and I am indebted to the information published by that Department in reports by W. S. Dyer and A. R. Crozier, as well as?by Professor R. J. Montgomery, of the Ceramic Department, University of Toronto. It was, in large measure, the data given in the 37th, 38th, and 42nd Annual Reports of the Ontario Department of Mines that led me to make a personal investigation of the Mattagami River clays, with the result that we now have a commercial undertaking that will develop eventually into an industry of considerable importance in supplying the central manufacturing districts of Canada with refractories that heretofore have been largely imported from the United States. An extract from the 42nd Annual Report of the Department, Part III, 1933, page 75, reads as follows: "As for the refractory clay, the deposits are undoubtedly very large, but what is urgently needed is a deposit near the railway under sufficiently shallow overburden for recovery by stripping'. Having previously made an investigation of the clays adjacent to the Temiskaming and Northern Ontario railway, and these clays proving unsuitable, I turned my attention to the outcrops of refractory clays on the Mattagami river, first reported by Keele in 1919. This area offered possibilities within the economically permissible distance from rail transportation.

Jan 1, 1935

By Robert B. Parsons

"For the fourth time in five years, residents of northern Canada have seen a change in the tax treatment of housing and travel costs. The latest changes announced in December 1990 by the Minister of Finance are to become effective in 1991. When will the tinkering stop?IntroductionFor man y years prior to 1987, certain travel and housing allowances received by employees in remote areas were generally considered by Revenue Canada to be tax-free, even though some observers suspected that such generous treatment was contrary to the provisions of the tax legislation. In the mid-eighties, Revenue Canada decided to reconsider the tax treatment of the mining industry's long standing practice of providing housing and travel assistance to these employees. The tax- free treatment was continued by virtue of annual remission orders, but only pending the enactment of legislation which would tackle the issue head-on and layout the rules in black and white to be seen by all. The sequence of events since then may be chronicled as follows:February 26, 1986-Finance Minister Wilson's budget present s the framework for the future tax treatment of travel and housing benefits provided to residents in remote regions of Canada.December 22, 1986-The Minister of Finance announces detailed rules to fill in the earlier announced framework.January 1, 1987-The new tax rules come into effect.April 29, 1988-The Minister of Finance announces the establishment of a Task Force to examine the existing criteria for determining the eligibility of residents of northern and isolated areas for tax benefits.October 27, 1989-The Task Force presents its report.December 7, 1990-Finance Minister Wilson announces a new system of tax benefits for residents of Canada's northern and isolatedregions.January 1, 1991-The new rules become effective."

Jan 1, 1991

By D. S. Flett

"The current state-of-the-art of chloride hydrometallurgy for treatment of complex sulphide bulk concentrates is reviewed. General considerations regarding the various flowsheet steps are examined and options discussed. Then, individual flowsheets are presented and discussed. Finally, the forward prospects for chloride hydrometallurgy for treatment of complex sulphide bulk concentrates is considered and conclusions drawn concerning the likely application of this technology in the future. IntroductionHydrometallurgical processes for treating sulphide concentrates, in general, have received considerable attention over the last three decades or more. Many flowsheets have been developed, many pilot-plant studies have been undertaken and several processes are now successfully operating. For example, direct ammoniacal pressure leaching has been used by Sherritt Gordon Mines since the 1950s to extract nickel from pentlandite concentrates, the roast-leach-electrowin route is widely used to recover zinc from sphalerite concentrates and direct sulphuric acid pressure leaching of sphalerite concentrates has been successfully commercialized. Also, Duval Corporation operated a direct cupric/ferric chloride leaching process (Schweitzer and Livingston, 1982) with electrowinning to recover copper from chalcopyrite concentrates, this process (now closed) being the only chloride process which has been commercialized for a sulphide flotation concentrate. Despite these developments, it has long been considered, particularly for copper sulphide concentrates, that direct hydrometallurgical processes are in the main unlikely to be able to compete successfully with smelting for large-scale operations of simple high-grade single metal concentrates. As long as such concentrates can be produced commercially, smelting is likely to remain the principal processing route (Flett, 1981). This view is being challenged nowadays through pressure leaching developments made by Dynatec and CESL in Canada and the recent start-up of the Western Metals Gunpowder plant at Mt. Gordon in Queensland (Flett, 2000). Complex sulphide ores offer even greater opportunities because of the ability to produce a bulk sulphide concentrate from the complex sulphide ore with considerably higher metal recovery than is often possible from the production of individual metal sulphide concentrates from differential flotation. Interest continues to focus on hydrometallurgical solutions to these processing problems, particularly with regard to chloride hydrometallurgy. This paper, therefore, reviews current state-of-theart with respect to chloride hydrometallurgy"

Jan 1, 2002

By Jean Vavrek

What is CIM?s role on a planet-wide scale? That question has been coming back to the forefront of many discussions regularly in the months since we came on board as Executive Director and Vice-President International. CIM, by its name and by the nature of its history and make up, has mainly been a Canadian entity. It has been created by an act of Canadian Parliament and it is set up to work within the Canadian federal and provincial framework.

Feb 1, 2004

By M. Mirnezami, D. Lascelles, J. A. Finch, E. El-Ammouri

"Aggregation, i.e., the tendency of particles to cluster, can be expected to influence flotation selectivity. In this paper, a method of measuring aggregation is introduced and used to conduct plant surveys.Aggregation is measured using settling rate and turbidity converted to an aggregation index (AI) where 0 corresponds to most dispersed and 1 to most aggregated over the range of conditions tested, normally pH. Surveys of Cu and Zn flotation stages at four concentrators showed the AI increased significantly above pH 9. The metal ions identified in the process waters, principally Ca and Mg, were tested to determine which might be responsible. The presence of Mg was found to be the most important. In doping tests, Mg was shown to cause significant variation in AI over the pH range of 9 to 12.The impact of Mg was restricted to pH > 9. Over this pH range, Mg forms a range of hydroxy species, including Mg(OH)2 precipitates. An aggregation mechanism associated with these precipitates, electrostatic bridging, is suggested. Possible problems and opportunities in flotation practice arising from the findings are discussed."

Jan 1, 2002

By Lawrence Devon Smith

"The concept of risk is well established in the mining industry. It is acknowledged when estimates of reserves are expressed as proven or probable, when mining and metallurgical recoveries are applied to the ore, and when contingencies are added to costs. However, it is difficult to provide a quantitative assessment of risk. The significant sources of risk in a mineral project and how these are addressed in project evaluations are discussed. The discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.IntroductionThis paper examines the components of the discounted cash flow discount rate and proposes a method of estimating project-specific discount rates. The motivation for this work comes from experience of project evaluations in which owners and purchasers had agreed on virtually every aspect of the evaluation except how much the project was worth. Agreement was reached on reserves, grad~, recovery, capital costs, operating costs, taxes, and, by combining these components, even on the fmal cash flow values. The only difference in opinion concerned the discount rate to be used in the calculation of the net present value. Depending on the life of the project, such differences of opinion can cause a variation of more than 50% in the value placed on a project! This is illustrated in Figure 1."

Jan 1, 2003

By C. L. Emery, A. V. Corlett

"The stress equilibrium is disturbed in a body of rock by a mine opening and is restored by a redistribution of the stresses around the opening. The pattern of the redistribution of unilateral stress around an opening has been established by mathematical analysis and photoelastic measurements. The pattern for multilateral stress is found by superimposition of unilateral fields. The mathematical analysts do not use the elastic moduli as parameters and they are not significant in photoelastic work. The medium is isotropic. The concept of unilateral stress from vertical loading and the classical pattern of its stress distribution around openings does not explain commonly observed failures around the perimeters of mine openings. They show evidence of compression where tension is postulated.When it is recognized that few minerals and perhaps no rocks are Hooke Solids, most rocks must be St. Venant Solids. The components have varying degrees of elasticity and viscosity. The assembly will be-have elastically to rupture under shock loading, but when loaded short of rupture will adjust viscously to equilibrium. Similarly, the highly elastic components may initiate rupture before equilibrium can be established when stress is instantaneously relieved. Polycrystalline adjustments may produce permanent deformation. The mechanics of consolidation, especially in sedimentary deposits, ac-quire a stress component normal to the direction of compaction which can exceed that of the loading. It is one source of prestress. There are others. The principles of prestress design are based on the normal beam reactions, modified by a built-in compression in the lower chord. When the beam is loaded to design limits, the lower chord retains some compression and the whole beam depth is effective in compression. Some of the . common evidences of failure in compression over a mine opening can be duplicated in a prestressed experimental model.When the triaxial stress pattern is recognized and suitable measuring techniques are devised, mine design can be done on a rational basis."

Jan 1, 1959

By Christoph Mueller

Broad band mine communication today is characterized mainly by individual solutions, which have in common their long development phases and their high cost for development, operation and service. The use of Ethernet and TCP/IP on the other side provides an uniquely price efficient combination of high bandwidth open networking, universal use and accessibility of cheap development tools, especially because it forms the technical infrastructure for the worldwide Internet. TCP/IP and Ethernet assures reliable networking however it is not able to guarantee the latency timing of forwarding network information. Therefor, the network design requires strict load limitation and application level traffic control especially if moving equipment has to be manually remotely controlled via the network. To optimize the use of bandwidth on mining networks using load limited, ?bandwidth wasting? local Ethernet segments, long distance broadband traffic should be carried out using more efficient, deterministic communication backbones providing a guaranteed quality of service for each of the physically separated networks. Open networking and broadband systems however may lead to the anticipation that any demands on bulk data or multimedia traffic can be fulfilled in the future. This definitely will not be the case as the bandwidth demands of applications will be growing as least as fast as the bandwidth provided by communication systems. Looking on those problems from an overall system integration perspective, machines and equipment in the future have to be equipped with intelligent computing devices capable of an intelligent local data preprocessing. Such ?Embedded Machine Information Servers? running commercial computing power in the future will be the intelligent bridge between open networking and a secured, high safety local automation system. These ?Embedded Machine Information Servers? then also can make advantage of intelligent video and audio data preprocessing to store and transmit multimedia information ?on demand? or when the application requires it. Summarizing the potential for the future Ethernet based networking together with powerful communication backbones and intelligent local data preprocessing on the machines in the future will lead the way to integrative, reliable and cost efficient mine automation solutions.

May 1, 2002

By H. -L. Heikkilä, E. Peuraniemi

"Boliden Harjavalta Oy has a long tradition in the Finnish metal industry starting from the 1930's. The Smelter consists of copper and nickel flash smelting lines. Off-gases are captured in the acid plant to produce sulfur products. During the early years of production, the surrounding environment suffered from high SO2 and dust emissions. The first acid plant started in 1947, a few years after commissioning of the smelter. The flash smelting method was developed and commissioned in 1949. This created the basis for today’s environmentally sound metal production. Recent air emission reductions are related to treating lean ventilation and granulation gases. Emissions from the stacks are monitored with continuous measurement devices. SO2 and PM10 concentrations are also measured from the residential area and reported online in cooperation with Harjavalta community and other local industry.INTRODUCTIONProductionBoliden Harjavalta Oy smelts copper and nickel concentrates and refines copper in the western part of Finland. The copper concentrates come from external copper mines mainly in South America and Europe. Concentrates are unloaded at the Pori harbor and transported to Harjavalta by train from a distance of about 60 km. Boliden Harjavalta Oy has operations in Harjavalta and Pori. The smelter in Harjavalta produces copper anodes that are transported via railway to the copper refinery in Pori. The anodes are electro-refined into copper cathodes and by-products like Se, Ag, Au and Pt/Pd concentrate. In the Harjavalta smelter SO2 containing gases are delivered to a sulphuric acid plant where sulphuric acid and liquid sulphur dioxide are produced.Our nickel smelter smelts nickel concentrates on a tolling basis to produce nickel matte for customer needs. SO2 containing off-gases are delivered to the sulphuric acid plant for sulphur capture and modification into products.All our operations are certified according to the Quality, Environmental and Occupational Health and Safety Standards ISO 9001, ISO 14001 and OHSAS 18001. Boliden Harjavalta Oy was the first company in Finland operating in the metal and technology industry to be certified according to the Energy Management Standard EN 16001, currently this certification is done according to ISO 50001."

Jan 1, 2012

By C. R. Julian

MECHANIZATION During the last fifteen years, numerous attempts have been made to mechanize the operations of loading ore and placing till. It is to be regretted that, to date, little progress has been made in this direction. The comparative efficiency of manual labour in Spain is the factor largely responsible for the failure to cheapen costs by mechanization. The necessity for careful classification of the ore and the need for keeping all openings small also makes the problem one of difficulty. It may be of interest to describe the various attempts at mechanization that have so far been made. CONVEYORS: (1) When stoping by layout III in San Dionisio, a trial was made of transporting the filling by jigging conveyors. This method proved un-economical, as the wall building and spreading of the till could not keep pace with the delivery, with the result that the machinery was idle a great part of the shift. (2) The transport of ore from the working places to the ore-passes by jigging conveyors and belts was also tried. Although more successful than in the case of the fill, the method could not compete with that of hand tramming, principally due to the high cost of (a) maintenance caused by the abrasiveness of pyrites, and (b) labour constantly employed on re-aligning the conveyors owing to the constant settlement of the floor. In a few cases, where a sill floor was being blocked out in virgin ground, the method showed a saving. SCRAPERS: Frequent attempts at loading by scrapers have been made, but again the only success obtained has been in the blocking-out of sill floors. The principal obstacle to the successful application of scraping, other than on the sill floor, has been that the openings, which have to be small, call for a light scraper outfit, whereas, in practice, a heavy scraper and at least a 25 h.p. winch are necessary for handling satisfactorily the ore, which is heavy and which breaks somewhat blockily.

Jan 1, 1940

By C. V. Corless

1. Introductory Some members may recall that at the Annual Meeting two years ago I read a paper, 'The Future of the Mining Industry in Canada." Discussing this large subject it was possible only to outline the facts and inferences leading to ?the conclusion that Canada is a country endowed with enormous mineral wealth, of which the fringes are yet scarcely touched. In the present paper, I wish to examine in somewhat fuller detail the evidence, both direct and inferential, concerning the mineral wealth of the greatest physical and geological feature of Canada-the Precambrian Shield. Many, if not most, of these facts are already familiar to you. But, since they will form the basis of the reasoning employed, they will be recalled for explicit reference. First, let us review very briefly the position and extent of the Shield. The area of the entire Shield is given in textbooks as 2,000,000 square miles, of which perhaps 10 or 12 per cent. is exposed in the south-easterly part of Canada's Arctic islands. The remainder occupies roughly two-thirds of the North-west Territory; the north-east corner of Alberta; one-third of Saskatchewan ;two-thirds of Manitoba; three-fourths of Ontario; and nearly ninety-five per cent. of Quebec.

Jan 1, 1924

CORPORATE SOCIAL RESPONSIBILITY CSR is about how companies manage the business processes to produce an overall positive impact on society. - Indentured work, sexual slavery, fair trade, organic growing, business ethics, environmental issues, ?Right to know -Right to decide?, AIDS activism, civil society - Balancing stakeholder issues - Government responses Who are the bad guys? Where are the threats?

May 1, 2010

Mining Subscribes to Murphy?s Law Personal observations on the past ?Perfect, benign deposit mines can be screwed up-spills and concentrate handling issues ?Long term contamination and water management assessments inadequate ?The ?permitting mentality? and its effects on the application of proponent and regulator resources ?Reliance on simple principles but nature and chemistry is more complex

May 1, 2010

By G. J. Knighton

Introduction The Sullivan concentrator treats the complex lead-zinc-iron ore from the Sullivan mine of the Consolidated Mining and Smelting Company of Canada, Limited, to make a lead and a zinc concentrate for its metallurgical plants at Trail. Three miles separate the mine and mill, which are situated near the town of Kimberley, in the East Kootenay district of British Columbia. The orebody consists typically of banded sulphides, mainly galena, sphalerite, pyrrhotite, and pyrite. Important factors in the concentration of the ore are its exceedingly complex and its high specific gravity. It should be remembered throughout the paper that results and figures are based on Consolidated's experience with the Sullivan ore. The present mill feed rate is 8,500 dry tons of ore per 24 hours, for an operating week of five and a half days. Grinding and classification of the ore are carried out in three stages and, in addition, there is a re-grind section which re-treats the zinc middling. It is the purpose of this paper to discuss the classification in the various stages and to give the results o comparative tests which have been carried out for the purpose of improving operations in the mill. The Primary stage consists of six units, each made up of a ball-mill and classifier (see accompanying flow-sheet). Four units operate in open circuit and two in closed circuit. The secondary stage consists of eight ball-mills operating in closed circuit with twenty-one classifiers. In the Tertiary stage are two ball-mills in closed circuit with eight classifiers. The re-treatment section for re-grinding the zinc middling comprises one ball-mill in closed circuit with two classifiers.

Jan 1, 1947

By Milton C. Graves, Marcos Zentilli

"Gold has been reported from most geological environments in Nova Scotia; however, virtually all production (circa 2,000, 000 troy ounces; circa 60 tonnes) has come from that part of the province to the south of the Glooscap Fault which is underlain by Lower Paleozoic rocks of the Meguma Group. Over fifty concordant sets of quartz-carbonate-arsenopyrite veins have seen production. The host rocks are greenschist-grade equivalents of Cambro-Ordovician flyschoid quartz wackes and shales folded and metamorphosed during the Devonian Acadian Orogeny. The veins were emplaced under conditions of greenschist-grade regional metamorphism and under the same conditions of tectonic stress that later resulted in the regional folds and penetrative, axial-plane slaty cleavage. Rapid filling of hydraulic fractures caused by excess metamorphic pore fluid pressure under Acadian tectonic stress conditions can account for the geometry and paragenesis of these veins.The ultimate source for gold deposits in most greenschist-grade domains remains in doubt, but these domains seem to have had ample gold within them available for mobilization. The work done, to date, on the gold geology of Nova Scotia suggests that regional greenschist metamorphism was an effective mobilizer and a potential concentrator of Au, As, W, Fe and S from these vast reservoirs.In rocks of pre-Acadian age north of the Glooscap Fault, gold occurs as an important accessory in volcanogenic massive sulphide ore, as a minor constituent in other types of basemetal concentrations and in one small concordant group of quartz veins.The post-Acadian metallogenetic domain, which overlies and overprints the two older domains, contains small amounts of gold in many mineralizing environments. Veins, with stibnite and gold, cross-cut crystalline rocks. Disseminated gold is present in basal conglomerates of post-tectonic molasse. Gold has been a by-product of Mississippi Valley-type Pb-Zn-Ba-Sr deposits in Lower Carboniferous sedimentary rocks and has been reported with Pb-Zn-Ba-F in veins which cross-cut Lower Carboniferous and older rocks. Small post-glacial placers have also seen minor production."

Jan 1, 1982

By H. G. Rushton, A. S. Romaniuk

"The opening chapter of this volume, by A. Ignatieff, places in perspective Canada's coal resource base as part of the world scene. This chapter will focus on the Canadian scene.Units of measurement in this report are in the International System of Units (SI) as approved for official use by the Canadian Standards Association and Metric Commission Canada. These units have been adopted by the Mining Association of Canada and the Coal Association of Canada. To assist with the shift to metric units these two associations have published ""Metric Practice Guide for the Canadian Mining and Metallurgical Industries"", 1978(1J, Appendix ""A"" lists some useful conversion factors along with SI prefixes. The last official assessment of Canada's coal resources and reserves was done by the Department of Energy, Mines and Resources and presented in Report ER 79-9 ""Coal Resources and Reserves of Canada"", published in December 1979 and authored by H.U. Bielenstein, L.P. Chrismas, B.A. Latour and T.E. Tibbetts(2). The Geological Survey of Canada has a continuing project concerned with coal resource assessment as does CANMET, whose concern is with coal reserve assessment and coal quality. As well, Alberta's Energy Resources Conservation Board (ERCB) has a continuing assessment program for coal in Alberta and publishes an annual reserves report, the current issue of which is cited as reference No. (3). The difference in resource and reserve terminology as used by EMR and ERCB has a major effect on derived tonnages for Alberta. This difference will be discussed later. In 1982 the Department of Energy, Mines and Resources produced a map titled ""Canada-Coal""<4J which outlines coalfields and illustrates coal import and export movements for the years 1981and1980. A copy of this map is contained in the map pocket of this publication. Two other resource assessment reports are noteworthy, the first is ""Coal Resources of Southern Saskatchewan: A Model for Evaluation Methodology"", by J.A. Irvine, S.H. Whitaker and P.L. Broughton<SJ which is one of the major outputs of a joint federal-government study of southern Saskatchewan's lignite deposits. (Another output from this same study' is the Geological Survey of Canada's SASCO file, a computer processable file holding borehole and coal quality data.) The second is ""Deep Coal Resources of the Interior Plains, Estimated from Petroleum Borehole Data"", by G.D. Williams and M.C. Murphy(6) which identifies coal resources from nearly 4,000 petroleum exploration boreholes distributed uniformly over an area spanning Manitoba, Saskatchewan, Alberta and British Columbia."

Jan 1, 1985

The Mineral Industry of Canada in 1951 Continuance of the remarkable, successive increases in the value -of Canada&apos;s mineral production, chief basis of the nation&apos;s post-war expansion, was one of the highlights of Canadian development in 1951, when, according to the preliminary estimate is-sued by the Dominion Bureau of Statistics and reported in the BULLETIN for February, 1952, mineral output for the year reached a new high of $1,228 millions. This marked an increase of 17.5 percent over the previous year, which was the first in which the billion dollar mark had been reached, and an increase of 143.7 per cent over 1946, when production was valued at approximately $503 millions. While higher prices for the principal base metals accounted for a large part of the 1951 increase, quantity gains were made by copper, nickel, zinc, asbestos. lead, cement, and strikingly important. by petroleum, the value of which exceeded for the first time that of coal production. Gold was an exception to the general trend, being lower in both quantity and value than in 1950. For the first time nickel .came within $9 millions of surpassing-gold as the leading mineral product. Metals and Fuels The value of all metals, estimated at $733 millions, was 18.7 per cent more than in the previous year. Nickel advanced 11 per cent in volume and 34 per cent in value. Copper was up 2.4 per cent in quantity and 21 per cent in value, zinc rose 6.6 per cent in quantity and 35 per cent in value, and although the volume of lead produced was lower by 8 per cent, its value increased by 17 per cent. The tonnage of iron ore was 31 per cent higher than in 1950.

Jan 1, 1952

By R. A. May, P. J. Brooks, W. M. Smith

"Neill and Gunter Limited (NGL) has prepared a preliminary design and a cost estimate for a ferric chloride leach plant to recover copper, lead, zinc, and silver from a typical complex sulphide ore. This plant design is specifically intended to treat unconcentrated ground ore (flotation feed), but can be readily adapted to treat bulk concentrates. Samples of ground ore and bulk concentrate were obtained from Heath Steele Mines, Miramichi, New Brunswick, laboratory testing, and preliminary process flow sheet preparation was carried out by the Research and Productivity Council in Fredericton, New Brunswick. Approximately thirty drawings have been produced, including process and equipment flowsheets, process piping and instrumentation drawings, and preliminary general arrangements. Preliminary capital and operating cost estimates were prepared for a plant that would treat 1000 t/d of crushed and ground ore to produce about 30 000 tpy of zinc. Capital and operating cost estimates were also projected for plants up to 4000 t/d of processed ore. Recoveries of 99% for zinc, 98% for lead, and 96% for copper were achieved in laboratory tests on unconcentrated ore. These recoveries were higher than the overall recoveries obtained from bulk concentrate, yielding approximately 10% more revenue.A 1000 tonne per day plant was determined to have a low return on investment, however, depending on the size and type of mining operations employed and the FCL plant throughput. DCF-ROI projections of 20% to over 30% were calculated for 100% equity financed “green field” mine, mill and FCL plant operations of 2000 t/d and higher"

Jan 1, 1997

By D. D. Bell

This paper presents the history of uranium procurement and demand, and takes a look at future requirements. The three basic conclusions drawn are: (1) the productive capacity of former and existing producers whose operations may be profitably reactivated is insufficient to meet demand projected beyond 1975; (2) reserves in the $5 -$10 price range do not provide the flexibility to sustain production at the high rates required in the late 1970's; and (3) only higher prices can overcome these deficiencies, as this would provide sufficient inducement for the industry to explore for and develop new reserves and productive capacity.

Jan 1, 1967