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By H. R. Bullis

"A 2003 paper discussed the idea that as gold mining companies grow larger it becomes more difficult for them to discover or acquire new gold deposits large enough to replace extracted reserves on an annual basis. Deposits of the size required to replace annual production of very large gold producers (VLGPs) are statistically few. An update in 2005 reviewed VLGPs with respect to production, reserves, and reserve life and observed recent changes in the gold mining industry. Now, more than 12 years later, this paper explores how those VLGPs have fared and how the gold mining industry has changed. KEYWORDS Gold, Gold price, Production, Reserves, Very large gold producer (VLGP) RÉSUMÉ Un article de 2003 examinait le concept selon lequel, à mesure que les sociétés d’exploitation aurifère se développent, il leur devient de plus en plus difficile de découvrir ou d’acquérir de nouveaux gisements aurifères suffisamment grands pour remplacer les réserves qu’elles extraient annuellement. Statistiquement, il existe très peu de gisements de la taille requise pour remplacer la production annuelle des très gros producteurs d’or. Une mise à jour de l’article en 2005 se penchait sur la production, les réserves et la durée de vie des réserves des très gros producteurs d’or ; elle portait sur les récents chan¬gements au sein de l’industrie de l’exploitation aurifère. Aujourd’hui, plus de 12 années plus tard, cet article explore l’évolution et les résultats de ces très gros producteurs d’or, ainsi que les changements qu’a connu l’industrie de l’exploitation aurifère. MOTS CLÉS or, prix de l’or, production, réserves, très gros producteurs d’orINTRODUCTION In 2005, the world’s top five gold producing companies were Barrick (after purchasing Placer Dome; 9.1 million ounces; Barrick Gold Corporation, 2005; Placer Dome, 2005), Newmont (8.2 million ounces; Newmont Mining Corporation, 2005), AngloGold Ashanti (6.2 million ounces; AngloGold Ashanti Limited, 2005), Gold Fields (4.2 million ounces; Gold Fields Limited, 2005), and Harmony Gold (3.0 million ounces; Harmony Gold Mining Company Limited, 2005). During the years leading up to that point, there had been a flurry of activity in the gold sector directed at consolidating production and reserves to create very large gold producers (VLGPs). As defined in Bullis (2005), a VLGP is a mining company whose primary busi¬ness is gold production and that has annual gold production more than 5 million ounces. A stated corporate goal of several of the VLGPs at the time was to become the largest gold producing company in the world."

Jan 1, 2019

By Michael J. Lawrence

"The VALMIN Code was developed and formally adopted by The Australasian Institute of Mining and Metallurgy (AusIMM) in 1995 and a revision was issued in 1998. The VALMIN Code applies to all relevant reports under the Australian Corporations Law, including submissions to the Australian Stock Exchange (ASX) and the Australian Securities and Investments Commission (ASIC).The VALMIN Code and Guidelines sets standards for the preparation and commissioning of independent assessment and/or valuation reports on mineral and petroleum assets or mineral and petroleum securities.It is mandatory for AusllvI:M's members to follow this Code in these relevant circumstances and failure to do so will result in serious sanction of the member by the Ausllvllvfs Ethics Committee. Public support for the use of this Code has been given by regulators (ASX/ASIC) and market participants ( eg major accountancy firms). It is also endorsed as a guide to general best practice in project assessment and valuation.This paper will discuss how the VALMIN Code has worked in practice over the past few years. It will also examine areas where the Code could be improved and how it could form the basis of a new Canadian Code for mineral property valuation."

Jan 1, 2003

By R. B. Hyde

"Severe drilling conditions and difficult mud problems are briefly out-lined as the major cost items in all production operations. The chief problems discussed are abnormal pressures, high temperature, trouble-some shales, and low rates of penetration. These problems have been eliminated or greatly reduced in many areas by• the proper application of recently developed drilling mud products and techniques. These severe problems and their solutions are discussed generally: the application of high-density weighting materials to overcome abnormal pressures; surfactant muds with sodium polyacrylate as a solution for deep and high-temperature drilling; shale control muds and new dispersants for severe shale problems; and low-solids emulsions and •extreme-pressure lubricants for greatly improved rates of penetration."

Jan 1, 1959

By George Delorme

"AbstractThe basic intention of this paper is to present, from a practical viewpoint, a thorough outline of all the sound and accepted principles connected with attaining satisfactory rope performance from multi-rope friction winders.In order to emphasize the importance of some aspects of rope maintenance, a limited amount of hoist rope theory has been included, a s it is felt that without this, some of the more critical, but nevertheless practical, aspects would perhaps pass without full appreciation of their individual merit.It is very much appreciated that many of the maintenance topics and practices discussed herein are already being observed with a high degree of skill among those already involved in modern friction winding. The hope is expressed, however, that the paper will be of additional assistance, and of particular help in introducing sound maintenance principles to those who are moving into this field of operation for the first time.Hoist RopesWITH a multi-rope friction winder system, structural upset within the hoist rope's cross section can occur if the ropes slip in the drum treads. This upset will usually appear at either end of the rope at the tangent point of the drum or deflection sheave with the respective conveyance in the normal uppermost position. This slipping action on the drum causes the outer cover of a Full Locked Coil or the strands of a stranded rope to shift, leading to structural upset. The result very often means that the ropes have to be withdrawn from service before completing their maximum service potential.The cause of any rope slipping in its tread can be associated with a discrepancy in tension of that rope between one side of the drum and the other."

Jan 1, 1977

By D. C. McDonald

"IntroductionTHE GIANT YELLOWKNIFE property is on the west side of Yellowknife bay, Great Slave lake, N.W.T., some 600 air miles north of Edmonton. This paper deals with the underground development and mining of the complex system of orebodies which have produced, in the first fifty-six months of operation (May, 1948, to December, 1952), 652,464 tons of ore with an average grade of 0.80 ounces of •gold per ton (1).The mine has been developed from three vertical shafts designated A, B, and C. Figure l shows the positions of these openings with respect to the known ore-bearing zones and the surface plant.A shaft was sunk to a depth of 522 feet in 1945-46, primarily as a prospect shaft for investigation and development of the East Zone orebody. Drifting was carried out on the 200-and 325-foot levels. Before this development had been completed it was clear that the funds immediately available made it imperative to get revenue from production as soon as possible. By the beginning of 1946, the remarkably high-grade character of the ore in the present B Shaft area had been established by surface drilling, and the decision was made to obtain initial production from this source. Since known orebodies at shallow horizons were to be developed quickly, the choice of a suitable rock outcrop for the shaft was something of a problem."

Jan 1, 1953

By P. O. Sandstrom

"Atlas Copco is introducing a new patented method for full-face boring. This paper presents the basic principles of the boring action and discusses the present experience regarding performance and costs. The Atlas Copco ""Full-facers"" are designed for hard-rock applications, although they are successfully boring in soft ground without major changes. The unique patented boring principle referred to as the 'Undercutting Method' permits these machines to bore, economically, in harder ground than machines based on the 'crushing principle'. This is mainly due to considerably lower cutting-tool costs, as the tungsten carbide tips only are in contact with one-third of the bored volume. The remaining rock is 'undercut' and peels off from a slight back pressure.The undercutting method also permits boring of non-circular headings and Atlas Copco has already manufactured two machines for rectangular drifts. This concept could revolutionize development work in mines employing trackless equipment."

Jan 1, 1971

By Jonathan Peck, Jim Gray

"While the mine developer looks for bigger and better orebodies in countries offering lower risks to development capital, the opera-tor of existing mines is looking for bigger and better ways to use his existing resources. Mining operations today utilize a variety of stand-alone systems for planning and managing their operations. In both small and large mines, payroll, accounting, inventory, planning, and engineering requirements are met using a combination of manual and computer-based systems.Technical advances and new enabling technologies are changing how mines are doing business. PC-based systems are allowing small operations to join the larger mines in using advanced computer-based systems. Advanced monitors are being used in maintenance to track, predict and correct the health of production equipment. Production monitoring systems are used to measure the performance of operating equipment and personnel in real time. This detailed information on how much, where, when, and by whom is being used for proactive management and planning. Ultimately, this information can be used to optimize and control the machines’ activities, eventually leading to robotic and autonomous operation of mining equipment.As the use of technology increases in mining, specific information objectives are being met but other problems are being created. The life cycle of technology is small, and as current systems are replaced by newer ones, integration problems and additional end-user training are created. In addition, onboard monitoring systems can create large volumes of data, data which are frequently archived without being analyzed. Mine operators are also duplicating efforts applying new technologies in an effort to be more competitive, but in doing so are creating interfaces which are only compatible with their own facilities. As system development moved from the centralized mainframe computer to the PC environment, the fragmentation of these systems became more pronounced.To efficiently continue in adapting and utilizing advancing technology, the mining industry needs to develop a system architecture that readily integrates as many sub-systems as possible. This will provide a framework for existing system integration and design guide-lines for future development. The Total Mining System (TMS) concept will allow a network of stand-alone functional modules to be readily integrated with minimal effort. This paper will discuss some of the current technologies cur-rently in use in some surface mine operations.In addition, a description of the information system and communications requirements that will be needed to integrate these components in the future, will be discussed."

Jan 1, 1996

By A. R. Sorta, D. C. Sego

ABSTRACT Temperature, solute, texture, and thixotropic effects on time domain reflectometry (TDR) measurements of water content in oil sands tailings are investigated. Results indicate that TDR water content measurements are influenced by temperature, residual bitumen, and percent clay in the tailings. A correction of 0.03–0.10/ °C must be applied to the apparent dielectric constant (Ka) to account for the effect of temperature. The Ka-volumetric water content relationships of slurries differ significantly from the commonly used Topp calibration equation. The age of the tailings and the addition of phosphogypsum did not influence TDR water content measurements.

Jan 1, 2013

By V. S. Papezik

Pyrophyllite, an AI silicate used in the production of ceramic materials, is formed mainly by alteration of felsic to intermediate volcanic rocks, either directly (at temperatures of 250-300°C and pressures of 1-2 kbar) or by subsequent low-grade metamorphism of aluminous protoliths produced by thermal fluids or even by prolonged weathering. Most pyrophyllite deposits in North America are concentrated in a belt of Late Precambrian volcanic and sedimentary rocks, the "Avalon Zone ", which extends along the eastern flank of the Appalachian mountain system from Newfoundland to the southeastern U.S.A. The only producing pyrophyllite mine in Canada is an open pit located near the settlement of Foxtrap on the Avalon Peninsula of Newfoundland. It lies in a belt of rhyolitic flows and pyroclastics intruded by a granitoid pluton. The rocks have been leached along a shear- or fracture zone, depleted in silica, alkalies, Ca, Mg and Fe by the action of hydrothermal fluids, and recrystallized to a very fine-grained massive assemblage of pyrophyllite, muscovite ("sericite") and quartz. High-grade pyrophyllite lenses contain small nodules of diaspore with minor barite; rutile is present in trace amounts. The close proximity of all pyrophyllitized zones on the peninsula to the granite contact suggests that the alteration was produced by thermal fluids genetically connected with the granitoid pluton. The fine-grained pyrophyllite-bearing rocks, with their simple mineralogy, are suitable for quantitative modal analysis by X-ray diffraction. Chemically analyzed samples from the alteration zone were used for the construction of working curves by plotting calculated mineral content against the intensity of selected diffraction peaks. The accuracy of the resulting curves is ±4.5% for quartz, ±3.6% for pyrophyllite and ±2.7% for muscovite. Pelletized samples give best results. The XRD method is suitable for a rapid analysis of a large number of grab or core samples to outline higher-grade areas for more detailed sampling.

Jan 1, 1978

By M. O. Makwarela, M. W. Erwee, K. Bisaka

"Energy efficiency in mining and minerals processing forms part of Mintek’s long-term research strategy which includes a specific programme designed at overcoming the challenges faced by the South African pyrometallurgy industry.The electric smelting industry is currently severely constrained by the global economic downturn as well as by the availability and increasing cost of electricity. Efficient utilisation of electricity through energy recovery systems and improved smelting process flowsheets can significantly contribute towards creating sustainable operations.Apart from efficient engineering design and solid process control, smelting of either cold or hot pre-reduced ores has been shown to decrease furnace electricity consumption by more than 40%. Various methods of solid-state reduction tests have been carried out at Mintek in order to select the most appropriate process option in the context of the South African industry. This paper summarises a subset of the results obtained, specifically on pre-reduction tests done on South African chromite and manganese ore pellets.In this set of tests, it was found that the use of an organic binder, together with B2O3 as flux, promotes manganese ore pre-reduction, but retards the pre-reduction of chromite. By pre-reducing the manganese ore feed, significant cost savings can be achieved in subsequent smelting processes and there is potential to minimise manganese losses as a result of fuming, due to possible lower operating temperatures."

Jan 1, 2016

Pillars are used in various forms in underground mining. For several decades pillar design has been an issue in both soft and hard rock underground mining. The major use of pillars is in room-and-pillar type mining. Pillars are critical structures in the production levels of block cave mines. With most mines leaning towards the use of block caving for ore extraction today, pillar design has become even more important. Empirical pillar design is popular. The use of numerical modeling is becoming more common in the design of underground mine pillars. A critical review of both the empirical and numerical modeling approaches to the design of underground mine pillars reveal some fundamental flaws. In general, pillar design approaches often assume the pillars are vertical, and are subjected to pure compression. Pillar failure criteria are then based on this assumption. Most papers on numerical modeling for pillar stability assessment use vertical pillars. This paper shows that where pillars are not subjected to pure compression the empirical pillar design approaches are inadequate, and that when using numerical models for the assessment of pillar performance, more care is needed in the determination of the average pillar stresses. The practice of relating field scale pillar strength to laboratory scale intact rock strength determined from conventional laboratory compression tests in empirical design equations is misleading when pillars are inclined or subjected to compressive and shear stresses. New data is added to the hard rock empirical pillar stability chart, and it is shown that it is misleading to conclude that failure of pillars with width to height ratios greater than 2.3 should not be anticipated. New empirical pillar design charts are presented for pillars at various degrees of inclination for different ko-ratios.

Aug 1, 2013

By G. M. Ritcey

The recovery of copper from low-grade solutions res ulting from dump leaching is well known, whereas the recovery from highly concentrated copper solutions has not been practiced. This paper discusses the use of Ashland Chemical's Kelex 100, a substituted quinoline, for the recovery of copper from solutions resulting from leaching copper-nickel concentrates. A flow sheet is described, and an economic comparison shows Kelex 100 to be superior to either the LIX 64N or LIX 70 reagents of General Mills for the recovery of copper.

Jan 1, 1973

By A. G. Darnley

"The Geological Survey of Canada is devoting consider-able effort to finding ways to make airborne radiometric measurements both quantitative and reproducible. Equipment has been designed by Atomic Energy of Canada Ltd. to provide high count rates in order to minimize statistical uncertainty, this being essential to justify applying terrain clearance and Compton scattering corrections to the data. Correction factors have been determined experimentally and can be applied automatically. Considerable ground work has been undertaken in parallel with equip-ment development in order to determine field parameters.Two airborne gamma-ray spectrometers are described. One is based on three 5-by 5-inch Nal(Tl) detector crystals and is used in a helicopter; the other employs twelve 9-by 9-inch detectors and is used from a Skyvan aircraft. The former is being used to investigate the range of radiometric response from specific rock types, and for the correlation of ground and air measurements; the latter has completed initial trials and will be commencing experimental surveys during 1969.Results are given to show the comparative sensitivities of the various detector sizes, and operational requirements for a gamma-ray spectrometer survey are discussed briefly."

Jan 1, 1970

By I. C. Brown, J. F. Henderson

"IntroductionThe Yellowknife greenstone belt lies along the west side of Yellowknife bay on the north shore of Great Slave lake, some 600 miles north of Edmonton, Alberta. The producing gold mines along the belt include the Con-Rycon and Negus which came into production in 1938 and 1939, and the Giant Yellowknife, which followed in 1948. In addition to these, the Akaitcho and Crestaurum mines are potential producers and there are several promising prospects.Early geological work along the belt was done by A. W. Jolliffe who first recognized a number of great faults, the largest of which is the West Bay fault with a horizontal movement of more than 3 miles. In 1943, A. S. Dadson, following an examination of the Giant-Yellowknife property, advanced the hypothesis that Baker Creek valley was underlain by a series of major gold-bearing shear zones. Subsequent diamond drilling in 1944 bore out the correctness of this view and outlined the great ore-bearing shear zones that are now being developed and mined by Giant Yellowknife Gold Mines. Near the south boundary of the Giant property, the shear zones are cut off by the West Bay fault. This prompted Neil Campbell, District Geologist for the Consolidated Mining and Smelting Company, to make a detailed study of the geology along the West Bay fault in the hope of finding the faulted extension of the Giant shear-zone system on the west side of this fault. In this he was entirely successful. By careful geological mapping he matched several faulted diabase dykes on both sides of the fault and, knowing their dip, determined the horizontal and vertical components of movement along the fault. Subsequent •diamond drilling based on Campbell's work located the presumed correlative of the Giant shear-zone system on the Con-Rycon and Negus properties, where it has been named the Campbell zone or system. At the present time, all production at the Negus Mines property is coming from orebodies along the Campbell zone."

Jan 1, 1950

By J. D. Clucas, D. B. Dreisinger

"The Starved Acid Leach Technology (SALT) has been developed by Search Minerals to extract nickel and cobalt VALUES (from nickel laterite ores (saprolites) and Caron plant residues. The technology consists of sulfuric acid atmospheric leaching of the ores or residues followed by neutralization and recovery of nickel and cobalt. The acid addition is carefully controlled to maximize nickel and cobalt extraction while minimizing overall consumption of acid by various gangue reactions. The final recovery processes can be tailored for maximum economic benefit. The use of resin-in-pulp processing is advocated as the most cost effective method for initial recovery of nickel and cobalt from lower grade materials. INTRODUCTIONCommercial processes for laterite ore treatment vary according to laterite type and local conditions. The two general categories of laterite ore are saprolites and limonites.Saprolites are generally treated by pyrometallurgical processes for reduction of nickel to matte or ferro nickel alloys. The high cost of drying, chemical reduction and electric furnace smelting requires that the saprolite grade for economic processing is of the order of 1.8% nickel or higher. There are of course large amounts of saprolite that fall below this “cut-off” grade that are not currently economic.Limonites can be treated by the Caron Process which involves drying of the ore, a reduction roast of the whole ore to reduce nickel and cobalt (and some iron) to the metallic state followed by ammonium – ammonium carbonate solution to leach nickel and cobalt. Nickel and cobalt recovery are low (70-85% for Ni and 20-50% for Co). The Caron plant tailings therefore contain high levels of unrecovered nickel and cobalt. Relatively few plants have used the Caron Process and new installations are not anticipated due to the high energy cost of drying and reduction roasting. Nevertheless, plants in Brazil (Niquelandia), Australia (Yabulu) and Cuba continue to operate.The high pressure acid leach (HPAL) process was pioneered at Moa Bay in Cuba in the 1960’s in the treatment of limonites. In the 1990’s the HPAL process was touted to revolutionize the nickel industry with low capital and operating costs for new installations. Murrin Murrin, Cawse and Bulong in Australia were started and in each case the technical difficulties of operating at extreme temperature and pressure conditions and the challenges in “ramping up” a complex hydrometallurgical facility conspired to cause these plants to fail economically. At present, Cawse and Bulong are closed and Murrin Murrin continues to operate after undergoing a financial restructuring."

Jan 1, 2012

"An unparalleled growth in the Canadian coal industry in 1970 coincided with increasing awareness by Canadians of their environment and their geography with its accompanying transportation factors. R and D on coal moved with greater emphasis toward solving problems in these areas as well as continuing with strong interest in coal preparation, carbonization, combustion, ""weathering'', spontaneous ignition, storage, exploration and geology. Long-range ""basic"" research was not forgotten in that work continued on coal-based carbons, coal chemistry and agrobiological uses for coal. This paper reviews the status of these many areas of coal research at the beginning of the seventies and takes note of some of the more significant legislation and projects brought to the author's attention. No attempt is made to itemize or to describe in detail all the worthwhile projects, many of which are reported elsewhere."

Jan 1, 1971

By C. George Miller

"As the influence of governments has become more widely felt, the use of research techniques to analyze policy has increased. Mineral economics, as one of the foundations of mineral policy research, has grown accordingly. Policy research and analysis has been carried out within governments, university departments and the private sector. Each of these institutional environments has characteristics which influence the topics of study, the approach, the methodology and the output of the research. A brief survey of recent research activities provides illustrations of trends and developments occurring within this organizational framework.A radically different organization, the independent research institute, has begun to make an impact on policy research in recent years, and will have an increasing importance in the future. Combining certain features of the traditional research organizations, it nevertheless has important differences which are essential to its effective functioning. An overview of the formation, goals, organization and operation of one such institute is presented."

Jan 1, 1976

By G. M. Scamans

In the past ten years there has been considerable penetration of aluminum automotive body sheet (ABS) into automotive structures. The exponential increase in demand is resulting in major investments in heat treatment and finishing capacity across the globe. Line speed and tonnage throughput is limited by the continuous heat treatment (CHT) floater furnace rather than the cleaning and pretreatment section where electrolytic treatments that offer higher line speeds should come into favour and roll coating of pretreatment should predominate. The capacity limiting surface texturing pass will either be eliminated or moved to the finishing line or a dedicated mill. The key to making aluminum both embedded carbon and cost competitive with steel for more and more affordable classes of vehicles lies in recycling of both prompt scrap and, in the longer term, end of life vehicle scrap. For the first time scrap separation technology is available that can compete effectively with hand sorting and can sort aluminum shredded vehicle scrap into wrought and cast alloys and then into individual alloy groups. The challenge is to use more end of life scrap in alloy formulation whilst at the same time extending the property range in terms of both strength and formability.

Jan 1, 2015

By M. A. F. Fedikow, D. A. Baldwin, C. Taylor

The Agassiz Metallotect and the Johnson Shear Zone represent two metallogenetic fea tures located within the northern and outhern belts, respectively. of the Aphebian-aged Lynn Lake greenstone belt in northern Manitoba . Numerous gold occu rrences are associated with these two regional features . The tratabound Agas iz Au-Ag deposit with 2.9 million tonnes of 5.2 g/tonne Au and 11.8 g/tonne Ag. occurs within the Agassiz Metallotect. The stratigraphic sequence characterizing the Agassiz Metallotect comprises interlayered ox ide. silicate and sulphide facies iron formations, biotite-rich and siliceous siltstones. and a high Mg- i-Cr basaltic rock that ha previou ly been identified as tholei itic picrite. These rocks can be traced in outcrop and by their INPUT and gradiometric signature for 65 km. The Johnson Shear Zone is an ill-defined 35 km long zone of strucwral disruption that crosscuts volcanic. sedimentary and intrusive rocks and contains numerous vein-type gold occurrences. Both of these metallotects are characterized by their low level of exploration activity and as a result offer excellent residual exploration potential. Rock, basal till and vegetation geochemical techniques applied in the vicinity of the Agassiz deposit indicate the presence of trace element dispersion halos associated with the mineralization. The halos define an exploration target larger than the mineralized zone. Gold occurrences within the two metallotects are described with emphasis on the Agassiz Au-Ag deposit . A wide range of gold occurrence-types is documented including syngencticstratabound , epigenetic-replacement and epigenetic-quartz vein .

Jan 1, 1986

By R. J. Enright

Eight mines in canada and three in Australia were visited between September 1987 and Februacy 1988. All mines had encountered problems with sulphide dust explosions and had introduced defence mechanisms to prevent or limit the extent of these explosions. Techniques included dispersion of limestone by various methods, use of water foggers, placing of water and inert stenuning in blast holes, and removal of settled dust to prevent secondary explosions. The techniques were evaluated and it was concluded that certain practices should be modified or discontinued as they were of little value in preventing dust explosions.

May 11, 1988