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By Lawrence Devon Smith

"What is Due Diligence?Within the mining industry the term “due diligence” is used to describe a detailed data review, generally in connection with the purchase or sale of a mineral property, the approval of a large capital expenditure, or the borrowing of a large sum of money.The term originates in the requirement of the board of directors of a corporation to “act honestly and in good faith ... and exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances” (OBCA, 1994). Furthermore, the law assumes that a corporation (or its board) will have exercised due diligence in the acquisition of an asset and, therefore, knowingly (in the absence of fraud or deceit) will have taken on the liabilities and obligations associated with the asset (Nelson, 1994). This is the familiar “Buyer Beware”.Directors are liable for their decisions except “if the director relies in good faith upon financial statements of the corporation represented … by an officer of the corporation or in a written report of the auditor, or a report of a lawyer, accountant, engineer, appraiser, or other person whose profession lends credibility to a statement made by any such person.” (OBCA, 1994).Hence the importance of reports prepared by professionals. They provide confirmation that the directors have exercised due diligence in the performance of their duties. For this reason these reports are referred to as due diligence studies"

Jan 1, 1997

By Lawrence Devon Smith

"Within the mining industry the term “due diligence” is used to describe a detailed data review, generally in connection with the purchase or sale of a mineral property, the approval of a large capital expenditure, or the borrowing of a large sum of money.The term originates in the requirement of the board of directors of a corporation to “act honestly and in good faith and exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances” (OBCA, 1994). Furthermore, the law assumes that a corporation (or its board) will have exercised due diligence in the acquisition of an asset and, therefore, knowingly (in the absence of fraud or deceit) will have taken on the liabilities and obligations associated with the asset (Nelson, 1994). This is the familiar “Buyer Beware”.Directors are liable for their decisions except “if the director relies in good faith up on financial statements of the corporation represented by an officer of the corporation or in a written report of the auditor, or a report of a lawyer, accountant, engineer, appraiser, or other person whose profession lends credibility to a statement made by any such person.”(OBCA, 1994).Hence the importance of reports prepared by professionals. They provide confirmation that the directors have exercised due diligence in the performance of their duties. For this reason these reports are referred to as due diligence studies."

Jan 1, 1996

By B. Wasmund, M. Y. Solar, I. Candy

The nickel laterite industry is divided into two camps when it comes to the grade of the ferronickels produced. One group, led by Falcondo and Cerro Matoso, markets high-grade ferronickels in the range of 35 to 40% nickel, while another group, led by SLN and the Japanese smelters, favour lower grades in the range of 20 to 25%. Because the ores processed by these smelters vary widely in terms of nickel content and iron to nickel ratios, it is probably more accurate to classify these smelters in terms of their iron recovery: Falcondo and Cerro Matoso smelt at lower reduction potentials and thus recover only 15 to 30% of the iron in their ores, while SLN and the Japanese smelters are very reducing and recover 45 to 65% of their iron. Low reductions generally imply higher slag losses and lower nickel recoveries, but also lower power and reductant requirements; higher reductions, the reverse. The question is, therefore, whether an economically optimum ferronickel grade exists for processing any given ore. This paper proposes a methodology for determining this optimum grade and concludes that nickel laterite smelters should favour low reductions and production of high-grade ferronickels.

Jan 1, 2008

By D. R. Boyle

"The Murray Brook precious metal (Au, Ag) gossan deposit is one of nine supergene mineral deposits that have developed over polymetallic massive sulfide deposits in the Bathurst Camp of New Brunswick. Reserves consist of 1.9 Mt of gossan containing 1.53 g/t Au and 65.9 g/t Ag. The supergene zone at Murray Brook consists of six distinct units: a) altered massive sulfide, b) pyrite-quartz sand, c) massive sulfide gossan, d) disseminated sulfide gossan, e) ferruginized wallrock, and f) leached bedrock. The massive sulfide gossan constitutes the main body of economic mineralization and consists of goethite, primary quartz, secondary amorphous silica, K-Fe-Pb-As- Sb-Ag hydrated sulfate and oxide minerals (beudantite, plumbojarosite, jarosite, bindheimite, scorodite), trace cinnabar, and cassiterite of primary origin. The order of stability of sulfide minerals during oxidation was pyrite _ arsenopyrite _ galena _ Bi-Sb sulfosalts _ chalcopyrite _ tetrahedrite group _ sphalerite.Two mass balance techniques (isovolumetric and conservative element) indicate elemental depletion in gossan relative to primary ore in the order: S>Cd=Zn>Cu=Mn>Na=Ca>Fe=Al=V> Mg= K=Se=Hg>Pb>Ti>Ag>Mo=P>Ba; and enrichment in the order Au>As>Sb>Si>Bi. Tin, as cassiterite, is conservative.Mineralogic and paleomagnetic data suggest that the gossan deposit formed under a warm temperate climate throughout the Pliocene. The rate of oxidation and the compositional nature of the ore was significantly influenced by: a) the position of the primary sulfide zone in a downward moving hydrological system, b) primary sulfide composition and zonation that promoted the development of a strong electrochemical oxidation system, and c) pronounced intercalation of carbonate and sphalerite mineralization in sulfide zones, which promoted rapid development of secondary porosity, permeability and downward flow of oxygenated groundwater.During progressive oxidation and physico-chemical erosion of the gossan zone, Au was transported downward in groundwaters, probably as a Auo colloid complex, to be concentrated in the lower horizons of the gossan profile. The precipitation of Au was greatly increased in the pyrite/arsenopyrite zones. Gold concentration was multi-cyclic with continual dissolution and nucleation of the metal until final concentration in the void structures of the gossan. Leaching experiments and microprobe analyses indicate that Au is present in the gossan as submicron composite sols of Au-Ag-silica."

Jan 1, 1995

By D. R. Boyle

"Abstract - The Murray Brook precious metal (Au, Ag) gossan deposit is one of nine supergene mineral deposits that have developed over polymetallic massive sulfide deposits in the Bathurst Camp of New Brunswick. Reserves consist of 1.9 Mt of gossan containing 1.53 g/t Au and 65.9 g/t Ag. The supergene zone at Murray Brook consists of six distinct units: a) altered massive sulfide, b) pyrite-quartz sand, c) massive sulfide gossan, d) disseminated sulfide gossan, e) ferruginized wallrock, and f) leached bedrock. The massive sulfide gossan constitutes the main body of economic mineralization and consists of goethite, primary quartz, secondary amorphous silica, K-Fe-Pb-As- Sb-Ag hydrated sulfate and oxide minerals (beudantite, plumbojarosite, jarosite, bindheimite, scorodite), trace cinnabar, and cassiterite of primary origin. The order of stability of sulfide minerals during oxidation was pyrite > arsenopyrite > galena > Bi-Sb sulfosalts > chalcopyrite > tetrahedrite group > sphalerite.Two mass balance techniques (isovolumetric and conservative element) indicate elemental depletion in gossan relative to primary ore in the order: S>Cd=Zn>Cu=Mn>Na=Ca>Fe=Al=V> Mg= K=Se=Hg>Pb>Ti>Ag>Mo=P>Ba; and enrichment in the order Au>As>Sb>Si>Bi. Tin, as cassiterite, is conservative.Mineralogic and paleomagnetic data suggest that the gossan deposit formed under a warm temperate climate throughout the Pliocene. The rate of oxidation and the compositional nature of the ore was significantly influenced by: a) the position of the primary sulfide zone in a downward moving hydrological system, b) primary sulfide composition and zonation that promoted the development of a strong electrochemical oxidation system, and c) pronounced intercalation of carbonate and sphalerite mineralization in sulfide zones, which promoted rapid development of secondary porosity, permeability and downward flow of oxygenated groundwater.During progressive oxidation and physico-chemical erosion of the gossan zone, Au was trans- ported downward in groundwaters, probably as a Auo colloid complex, to be concentrated in the lower horizons of the gossan profile. The precipitation of Au was greatly increased in the pyrite/arsenopyrite zones. Gold concentration was multi-cyclic with continual dissolution and nucleation of the metal until final concentration in the void structures of the gossan. Leaching experiments and microprobe analyses indicate that Au is present in the gossan as submicron composite sols of Au-Ag-silica."

Jan 1, 1995

By W H. Poole, E. R. W. Neale

A new style of tectonic map based on age of folding has been prepared for the Canadian Appalachian region as part of the Tectonic Map of Canada Project. This style of map pro-vides a clearer picture of the tectonic history of the region than any meth-od hitherto attempted. Precambrian blocks that were relatively unaffected by Palaeozoic de-formation are distinguished on the Great Northern Peninsula and in the Conception Bay region of Newfound-land. K/ A age determinations suggest that these blocks were intruded and metamorphosed during Grenville orogeny. Other Grenville-like rocks, on Cape Breton Island and in New Brunswick, were more actively involved in subsequent Palaeozoic orogeny. Taconic orogeny, the first phase of Palaeozoic deformation, took place in Middle and/or Late Ordovician time and was accompanied by intrusion of ultrabasic rocks. Evidence of the -

Jan 1, 1961

By J. P. Piguet, A. Hosni, J. P. Josien, H. Baroudi, R. Hadadou

"The iron ore mines in the Lorraine region of north-eastern France cover a surface area of approximately 3,900 km2 and involve more than 150 cities. A total extraction method was usually used during exploitation, but this technique was sometimes replaced by the room and abandoned pillar technique when it was necessary to protect surface buildings and infrastructure. Rooms and abandoned pillars were initially designed to ensure long-term mine stability. However, this aim was not always reached and numerous collapses occurred in the Lorraine iron basin, either during production or several years after closure. Several subsidence events were identified during a period of one century; the most recent event occurred in 2012. Two groups of events were identified. The first group represents events characterized by sudden surface movement, and the second group includes event characterized by progressive subsidence.Numerous studies conducted during the last decade helped improve our understanding the origin mechanism of spontaneous or progressive (slow) events. These studies led to identifying long-term potentially unstable underground zones (hazard zones), particularly deep zones located under buildings and infrastructure. The latest are currently monitored by microseismic networks. A similar high requirement level is needed for unstable zones without taking into account the kinetics of the subsidence, which is very important for safety. Thus, GEODERIS initiated this study, primarily to acquire a better understanding of the kinetics of the progressive events group and identify the main parameters that could explain why some pillars zones developed a maximum amplitude subsidence on surface within a few hours or days, while it took several weeks to months for others. In practice, the results of this study will facilitate adapting the requirement level of microseismic monitoring system to the kinetics of pillar collapse.To retrieve the real kinetics for each event, historical and sparse documentation was used. Firstly, archives research was conducted, especially testimonies and newspaper articles published during the events. This work helped to gather useful information that sometimes contained a precise description of subsidence duration. The archives research helped to classify some progressive events according to the subsidence kinetics. Secondly, a diagnostic of geotechnical and geomechanical parameters of historic events was realized, combined with a cross analysis of the data. The analysis took into account dimensions of underground workings (e.g., pillar lengths, widths, heights, introduction of a “pillar shape factor”, and stress amount). An original expression was highlighted to connect the pillar geometry to the stress state. The kinetics expression was calibrated to classify the historic events taken into account according to the kinetics of movements. The kinetic criterion was applied to predict subsidence kinetics for the potential unstable zones currently monitored by a microseismic system."

Jan 1, 2015

By A. Taylor, E. Thorn Corthay, J. Farrell, L. A. Westfall, S. Borchardt

Mining and metallurgical industries need to minimize their greenhouse gas (GHG) emissions; Hatch specializes in conducting mining and metallurgical energy management assessments and optimizing productivity. Projects executed have demonstrated that there is a wealth of energy management, waste reduction, and process efficiency improvements that require no or low capital investment. Typical energy cost savings are on the order of 5% to 12%, with similar reductions in GHG emissions. Hatch generates Marginal Abatement Cost Curves to optimize the implementation pathway, maximizing carbon abatement and minimizing cost. The findings of a practical case study from Cameco are presented.

Jan 1, 2010

By R. Daignault et G. O. Allard

The Chibougamau area represents a part of the Abitibi greenstone belt. The rocks constitute a volcanic pile (Roy Group) overlain by a volcano-detritic sequence (Opemisca Group). Three important periods of tectonic deformation have been distinguished. The first one produced folds with north-south horizontal axes. The second one is responsible for the isoclinal east-west folds, and the associated regional schistosity. Reverse faulting contemporaneous with this period of deformation, produced two distincts effects. In some cases the faults cause a repetition of the stratigraphic sequence. Whereas in others the faults truncate second period folds. Domes and basins interference pattern are produced by the superposed effect of Di and D2 deformations. The motion of these two periods would be more or less contemporaneous. The deformation could be generated by rising diapirs of early plutons combined with the progressive formation of troughs by gravitational subsidence of denser strata. The rising diapirs of late granitoid plutons produces a wraparound of the host strata.

Jan 1, 1984

By C. Blawert

In previous studies of various HPDC magnesium alloys we found that the corrosion properties of the skin are inferior in comparison to the bulk, However, this is surprising as one would expect better corrosion properties for the finer microstructure of the skin, In a more detailed study using 2 and 6 mm thick sections from HPDC AZ91 step plates, the corrosion results of the original skin, the slightly removed skin and the bulk were compared, Indeed, the corrosion measurements including potentiodynamic polarization, long term polarization resistance measurements and electrochemical impedance spectroscopy (EIS) revealed a lower corrosion resistance of the original as-cast skin. An explanation for this corrosion behavior was found, on the one hand, in the microstructure concerning especially the amount and distribution of the 13-phase and, on the other hand, in the composition, including the distribution of the most important alloying element Al and of some impurities such as Fe.

Jan 1, 2005

By K. H. Kretzschmar, M. A. Smith

A brief review of the rapid growth of ACT in Western Canada is presented. It is remarked that this rap-id growth has been accompanied by a heterogeneous approach to design. A more rational and consistent approach is suggested, together with the assumptions on which this approach is based. The operating history of some existing installations is discussed briefly, and conditions necessary for the continued growth of ACT are outlined.

Jan 1, 1960

By D. Komljenovic, E. Lafontaine, J. Paraszczak

Availability of the production equipment used in underground mines has a substantial impact on production costs and, thus, on mine profitability. Appropriate collection of pertinent data and information, as well as use of adequate performance measures and their analyses, can help mine operators identify cost-effective opportunities to improve equipment availability. This paper presents study results aimed at reviewing and analyzing means and measures used to quantify equipment availability and its contributing factors (reliability, maintainability and maintenance support) in several Canadian underground mines. It overviews sources, as well as quality and quantity of relevant data and information, and examines performance measures and their definitions, as applied to surveyed mines. Problems concerning data acquisition and meaningfulness of the performance measures are discussed. The paper concludes with some suggestions and recommendations concerning several aspects of equipment availability assessment. Evidence suggests that the latter may become a more useful tool for mine operators in their efforts to reduce production cost.

Jan 1, 2008

By Karl J. C. Harries

"7.1. INTRODUCTIONThis chapter addresses the joint venture and examines a number of general concepts of the joint venture relationship. Chapter 8 looks at some specific concepts related to the provisions of a joint venture agreement, which are equally applicable to a shareholders’ agreement or other contractual relationship. The term “joint venture” is used because the author is a common law solicitor (a matter of convenience for which apologies are offered to civil law readers), but it should be noted that, in many aspects, the legal structure of an entity is irrelevant. It is the relationship of the parties, be they venturers or shareholders, that is important, and the areas of concern are surprisingly similar (except for terminology).The details of the joint venture relationship and agreement could fill several books. Accordingly, this chapter and the next focus on selected topics that appear to have caused problems or confusion or to be the basis for disputes. And remember that, although the following discussion is in the context of a joint venture, many of the comments apply, either directly or indirectly, to virtually any common undertaking and the agreement defining it.For interest’s sake, this chapter starts with a summary of some of the earlier types of agreements and arrangements that have evolved into the joint venture agreement of today in Canada, the philosophy of their format, and the reasons for their demise.7.2. EVOLUTION OF THE CANADIAN JOINT VENTUREThe Early DaysMuch of the opening up of Canada’s north is due to exploration for and development of mines. The early discoverers were relatively free to roam and explore at will and, if they were fortunate enough to find something, they dealt with the appropriate government to acquire exploitation rights. The early interests lay in gold or silver. Workings were small, usually worked by the owner alone or with only a couple of helpers to extract the native gold or silver. If the owner wanted to move on, he could sell his property outright and use his stake to look elsewhere.As logging and mining camps were opened, the development of better roads and railways made access easier. Entrepreneurs saw the opportunity to make money by assembling large parcels of land and working them as a single operation. In order to do this, some owners who were not ready to sell out had to be convinced to do so through more attractive offers"

Jan 1, 2003

By D. W. Duncan, A. Bruynesteyn

Acidic mine waters containing solubilized uranium have been observed in many uranium and some copper mines. In every case, the sulphide and iron oxidizing bacterium, Thiobacillus ferrooxidans, was also present. This bacterium provides the ferric iron required to oxidize u+4, both by oxidizing available ferrous iron and by oxidizing pyrite or other available sulphide minerals. This latter oxidation also provides sulphuric acid and may increase extraction by exposing more uranium. The enhancement of bacterial activity and the results of some field tests are discussed.

Jan 1, 1971

By K. Szczesny

This paper considers the integration of uncertain real-time logistics data for reactive construction scheduling. In order to manage a construction project efficiently, an accurate schedule representing the current project progress is inevitable. The quality and up-to-dateness of such a schedule depends on the availability of real-time data. Typically, real-time logistics data contain information about the availability of material, equipment and personnel as well as delivery dates and site conditions. The accuracy and inherent uncertainty depends on the location where the real-time data was acquired. Currently, the integration of such data into a construction schedule is a very time-consuming, manual and, thus, errorprone process. Therefore, this paper proposes a methodology that enables an automatic integration of such uncertain data into construction schedules. By integrating uncertainties into the existing schedule their impacts on the construction work can be evaluated. For this, discrete event simulation is applied. In order to model uncertain input parameters for simulation models this methodology applies the fuzzy sets theory. In combination with alpha-cut sampling technique, discrete model input parameters are obtained. By applying reactive scheduling with several discrete event simulation experiments, the results can be used to modify construction schedules according to agreed timeframes and costs. In order to demonstrate and validate the presented approach an example is conducted.

Aug 1, 2013

By T. S. Heah, S. T. Bishop

"The Lorraine property is located in the northern Intermontane Belt, north-central British Columbia. The property is underlain by intrusive rocks of the Duckling Creek Syenite Complex, an Early Jurassic, alkaline phase of the Late Triassic-Early Cretaceous Hogem Batholith. Two significant zones of copper-gold mineralization have been explored to date; the Main zone (historical Upper and Lower deposits) and the recently discovered Extension zone. A combined geological resource was estimated in 1975 for the Main zone deposits at 10 million tonnes averaging 0.7% Cu, and from 0.1 g/t Au to 0.34 g/t Au. The Extension zone, still at an exploration stage, is estimated to be considerably smaller than the Main zone.Copper-gold mineralization at Lorraine Mountain exhibits characteristics suggestive of both magmatic and hydrothermal origins, and may be related to orthomagmatic-hydrothermal fluid flow contemporaneous with magmatism and development of migmatitic fabrics. A depth greater than the depth of formation of classical porphyries may explain many of the variations displayed by mineralization at Lorraine. These characteristics distinguish Lorraine from other members of the alkalic suite of porphyry Cu-Au deposits in the Canadian Cordillera.IntroductionThe Lorraine prospect is located in the Omineca Mountains, at the headwaters of Duckling Creek, 56 km northwest of Germansen Landing (Fig. 1). The property is centred at latitude 55°55'N, longitude l25°26'W on NTS mapsheet 93N/14W. The area is typified by mountains of moderate relief, with elevations ranging from 1150 m in the valleys to peaks of 2000 m. Valleys are U-shaped and blanketed by glacial till which give way to steep, talus covered slopes and sharp ridges. Outcrop is generally limited to elevations above 1600 m (Fig. 2)."

Jan 1, 1995

By G. G. Eichholz

SUMMARY RADIOACTIVE dynamite has been prepared by introducing a small amount of antimony-124 into the explosive. Test work is described on the effectiveness of this tracer, on radiation levels in its neighbourhood, and on different methods of .application. Factors determining the choice of isotope, amount of activity, and overall cost of this process are discussed. INTRODUCTION Instances are known in which dynamite remains unexploded in drill holes in mining operations. Usually such 'bootlegs' are easily located by inspection of the face and the powder is removed before subsequent drilling is started. Occasionally, however, serious accidents occur because workmen drill into an undetected piece of dynamite. In order to avoid such accidents it was suggested that a different method of location might be tied, such as that afforded by the use of radioactive tracers. This paper describes some experiments that were carried out under the auspices of the Department of Mines and Technical Surveys, with the active co-operation of Canadian Industries Ltd. and Canadian Refractories Ltd., to test the feasibility of such a scheme.

Jan 1, 1957

By T. Majcherczyk

Shaft lining reinforcing analysis of two shafts under construction has been presented in this study. The first shaft was driven from the surface, while the second was deepened. Mining and geological conditions have been studied with respect to the lining capacity. The improvement of shaft stability comprised two elements, i.e. reinforcement of the shaft lining capacity and improvement of the strength properties of the rock mass. In both tested cases, the particular hazard was connected with non uniform loadings of the lining, which could generate shearing stresses within lining structure. Thus such elements as armored concrete with high strength properties, bolting and injection sealing of the rock mass, and the use of special ring reinforcing the shaft lining have been used in order to reinforce the shaft-rock mass system. Practical conclusions related with new technological solutions, allowing the rock mass and shaft lining reinforcement, have been included for the present study. Practical conclusions related with new technological solutions, allowing for rock mass and shaft lining reinforcement, have been also included to the present study.

Aug 1, 2013

By J. A. Allan

The utilization of natural deposits of salt is one of the oldest industries in Alberta. In 1820, Sir James Richardson visited Salt river, and in the same year D. W. Harmon states chat "clown Slave river, there are several places, where almost any quantity of excellent dean white salt may be taken, with as much ease as sand along the seashore. From these places the greater part of the northwest is supplied with this valuable article". This reference is to the salt chat occurs around springs on Salt river at the northern boundary of the Province. This and other occurrences will be described later in this paper. It is not on account of the development of salt and gypsum in Alberta chat this paper has been prepared, but rather to draw attention to the widespread distribution of salt-bearing and gypsum-bearing rocks, and to the stratigraphic importance of these rocks . The origin of the deposits of salt, gypsum, anhydrite, and dolomite is discussed, and the economic significance of these minerals is considered. There is no salt production reported from Alberta in 1928.

Jan 1, 1929

By Jürgen Kretschmann

The Islamic Republic of Iran is a very important producer of raw materials in the world. The country holds 68 types of minerals, including salt, sand and gravel, chrome, lead, zinc, copper, coal, gold, and iron-ore. With more than 37 billion tons of measured and indicated reserves and 55 billion tons of total mineral resources, Iran is ranked among the 15 major mineral-rich countries. Sangan iron-ore mines (SIOM) is one of the biggest iron ore mining complexes in Iran, located in a remote, but strategically important area near the Afghanistan border. The Iranian government has planned several mining projects in this region for a stepwise development over the next 5 years to satisfy the growing demand of the Iranian steel industry. In cooperation with private companies, these projects shall be realized as sustainable as possible. This paper introduces SIOM and describes socially responsible activities undertaken during the initial development of this mining complex. The effects of these activities will be demonstrated. Unique attributes of the Sangan area have a significant impact on the acceptance of SIOM by regional stakeholders. The government has made several social investments that benefit workers´ families and the community. They are attempts to build social capital for the mining operations and demonstrate a commitment for socially responsible mining to the communities and the local population. They aim to create a balance between the local and regional expectations and requirements and the necessity to secure the corporate profitability at a reasonable and sustainable level. Investment in socially responsible activities is not a choice but a necessity to improve the relations between mining companies and stakeholders in the communities. It is recommended that social investments should be carefully planned and implemented from the early stages of mining activities, and should proceed throughout the life cycle of the mines.

Aug 1, 2013