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By T. R. Ellis

The valuation of mineral properties in the U.S. is only partially regulated. The regulations which have jurisdiction or impact appear to have such mainly as a consequence of unintended fallout, since the regulations were designed for other purposes. Court case history can also be important. The combined results are a mixture of bad and good, with important lessons to be learned. Since 1981, the Securities and Exchange Commission has prohibited U.S. listed companies from reporting quantitative estimates of mineralization and the value of mineralization, other than proven and probable reserves. This results in the minerals appraiser (valuator) working with a shortage of data in his everyday work, both on the subject property and in sales analysis. Between 1989 and 1995, all 50 states and essentially all federal agencies adopted the Uniform Standards of Professional Appraisal Practice (USPAP) for real property appraisals (valuations). The major national appraisal societies also require their members to abide by USPAP. A significant portion of minerals appraisals must now follow these standards. This paper will discuss the content of USPAP. It provides a very good framework for the valuation of a minerals property or a mine, both as real property and as a business. However, the credentialing standards for real property appraisers are now prohibitive for minerals appraisers.

Mar 1, 2002

By T. R. Ellis

"The valuation of mineral properties in the U.S. is only partially regulated. The regulations which have jurisdiction or impact appear to have such mainly as a consequence of unintended fallout, since the regulations were designed for other purposes. Court case history can also be important. The combined results are a mixture of bad and good, with important lessons to be learned.Since 1981, the Securities and ExchangeCommission has prohibited U.S. listed companies from reporting quantitative estimates of mineralization and the value of mineralization, other than proven and probable reserves. This results in the minerals appraiser (valuator) working with a shortage of data in his everyday work, both on the subject property and in sales analysis.Between 1989 and 1995, all 50 states and essentially all federal agencies adopted the Uniform Standards of Professional Appraisal Practice (USPAP) for real property appraisals (valuations). The major national appraisal societies also require their members to abide by USPAP. A significant portion of minerals appraisals must now follow these standards. This paper will discuss the content of USPAP. It provides a very good framework for the valuation of a minerals property or a mine, both as real property and as a business. However, the credentialing standards for real property appraisers are now prohibitive for minerals appraisers."

Jan 1, 2002

By E P. Graham

Orebodies occur in an infinite variety of grades, shapes and sizes, and take many millions of years to grow. When extraction starts there is only one possible end -the mine sooner or later will run out of ore and shut down. If the mineral industry is to supply the ever increasing demands of modern civilizations, more and more metals must be found and mined. This will require a never-ending search for ore, and the development of every economic body, large or small. To justify the mining of a small orebody, it first of all must pay its way. If the size of the burden imposed by the capital cost estimates is not carefully worked out, an otherwise promising situation could be killed. The very nature of mining, as a transient industry, re-leases a steady stream of good used equipment, and the trained personnel to install and operate it. All manner of plans and layouts, which can be utilized at a new property, are available. Working these and other economies into the estimates will sometimes make enough difference to give a prospect the green light.

Jan 1, 1964

By W. G. Campbell

"The region discussed comprises approximately eight million acres spreading across the Arctic Circle in Yukon and North West Territories.Encouraged by four years of surface geological and geophysical work, which strongly suggested that suit-able conditions existed for the entrapment of oil and gas, a decision was reached to drill. In due course two holes were drilled; Eagle Plains No. 1 drilled to 9589 in 1957-8 and Western Minerals Chance No. 1 spudded in 1959 is being deepened this year.Thick sections of sedimentary rocks occur on both sides of the Richardson Mountains, however, most of our activities have been concentrated to date on the west side in the Eagle Plains basin. Here are found stratigraphic units ranging from Precambrian to Tertiary age. The drilling of the two exploratory wells proved the presence of these strata at depth and have confirmed the presence of promising structures. A geological cross-section across Eagle Plains presents an interpretation of these conditions.Physical and engineering aspects of exploration in the northern Yukon and North West Territories are de-pendent largely upon seasons and transportation. Reconnaissance gravity and surface geologic mapping by air presents no serious problems. However, seismic operations on the ground are greatly affected by the season, presence of permafrost and mobility of equipment.The actual drilling of the hole may well be the simple part of a wildcat undertaking once equipment and supplies are on location. Over-all planning, assembling supplies, transporting equipment and personnel seems to be the real job. Serious consideration must be given to per-ma-frost effect in the drilling pro-gram and on surface installations as well.Programming for -the various exploration activities should be under-taken well in advance of the actual doing. Considerable extra costs may be the results of crash programs. Costs are high, and the rewards uncertain. Economic evaluation is based •on the long term outlook."

Jan 1, 1960

By Bunting S. Crocker

This paper reviews the trends in the past two years in autogenous grinding throughout the world. It covers rock grinding in South Africa, Sweden, Canada, the United States, Finland and Germany. To properly orient the discussion on this subject, the paper attempts to define and classify the scope of autogenous comminution. As this is a relatively new subject, there is often considerable confusion regarding the various practices, which sometimes differ widely. By clarifying the types and forms, we hope to help clear up this con-fusion. Autogenous grinding is being carried out, throughout the world, either in mills grinding in water or solution or in dry mills using air classification to remove the finished material. The wet grinding, particularly, can be divided into: (1) (2) (3) Primary autogenous grinding, or "run-of-mine" grinding. Secondary autogenous grinding or semi-autogenous grinding or rock pebble grinding. Combination processes. -This covers plants in which pebbles made in the primary mill are re-moved and used as grinding media for fine grinding in secondary mills.

Jan 1, 1963

By Paul B. Warrington

This paper presents a discussion of the factors affecting copper scrap markets, including such items as price levels, freight. grades of material, sources and packaging. Reference will also be made to the effective life and turn-around of the copper content of some products. Introduction IN TERMS OF SIZE, copper scrap is second only to ferrous scrap in tonnage recycled. However, in total value, it is second to none. For example, world scrap recovery during the preceding 4 years averaged just under 2,300,000 metric tons per annum, and at an average price of 70 ¢ a pound, this works out at a turnover of about $3.5 billion, which indicates that the copper scrap industry, or recycling as it is now becoming known , is a substantial one.

Jan 1, 1977

By K. G. Markkola

The Minera Candelaria concentrator was commissioned in August 1994, and in October 1997 it doubled its grinding capacity. The concentrator was designed to treat 56,000 metric tonnes of copper ore with a primary crusher, two grinding circuits, pebble crushing, and flotation. The grinding circuit includes two 11.2 m (36 ft) diameter by 4.6 m (15 ft) long semi-autogenous (SAG) mills, each fitted with a 12 MW motor. Throughout the history of Candelaria, different strategies have been developed to maximize the plant's operational time, strategies that include increasing the life of the SAG mill liners and reducing the time involved in changing these elements. This work describes the improvements made in the design of the liners, the change planning, and a new strategy to change the liners with the purpose of increasing their use and throughput.

Jan 1, 2007

By J. J. McDougall

Until quite recently, the coal in the Cape Breton field was won from comparatively thick seams with light cover, and from submarine areas, and the system of mining naturally followed was pillar-and-stall. This sytem permitted of cheap extraction, and enabled production from localities where other methods could not be employed to good advantage. Thus the pillar-and-stall system, applied to conditions as stated, justified its adoption. Our working seams today, however, are practically all under heavy cover, or are moving in that direction, and with this gradual increase in cover came the increased cost of roadway maintenance. At Princess colliery, the system of pillar-and-stall was followed until roof and bottom conditions became such that further operations were unprofitable, and the longwall method was then adopted as an economic necessity. This fact should be borne in mind when operating costs of both systems are being compared. The longwall method is not held as a cure for all difficulties of heavy cover, but through it these difficulties can be overcome with less expense than by pillar-and-stall. The longwall system of mining, strictly speaking, is one by which a seam of coal is totally extracted in one operation. There are, however, many modifications of longwall, and in some cases it is difficult to determine whether certain practices should be classed as longwall or pillar-and-stall, or a combination of both.

Jan 1, 1928

By The Mill Staff

Introduction The Hollinger cyanidation mill commenced operating in June, 1912, and 49,779,978 tons of solids had been discarded by the end of 1950. The present tailing disposal plant has been in operation since 1924 and holds 39,762,250 tons. The tailing disposal plant is on the property of Kayorum Gold Mines, Limited, about a mile and a quarter south of the mill. The area available for tailing covers 640 acres and is roughly l ¼ miles long by ¾ mile wide. Tailing was first deposited on the McKay veteran claims, l mile long by 1/2 mile wide, which were later included in the Kayorum property. This site sloped from northeast to southwest, the slope amounting to 106 feet between the northeast corner and the low land to the southwest. The low land was wet and a considerable area was covered with muskeg up to 17 feet deep. It was drained by a brook running across the property in a southwesterly direction. Later, when more ground was needed, the low-lying mining claims adjacent to the south and west boundaries were acquired to allow for the extension of the plant. This entailed some extra difficulties and expense that would not have been encountered had the whole of the present site been acquired with the original purchase. At the present time, the top of the tailing deposit stands at two elevations, but eventually the tailing deposited on the extension to the original plant will be raised to the same height as the older deposit. Previous to 1924, all of the tailing was deposited on Low land and in lakes near the mil1. Between 1924 and 1926 an increasing tonnage was sent to the McKay claims until, in 1926, all of it was being sent there. In 1936, the area of the deposit was extended and shortly afterwards all of the tailing was deposited on the new site.

Jan 1, 1951

By Rajiv Kalra, Ji Jiangang

"This paper reviews the following aspects of the world’s largest manufactured Grinding Mill’s in terms of diameter and power, along with the world’s biggest shop assembly and trial run of the mills delivered to Sino Iron Magnetite Project in Australia.1. An overview of the basic flow sheet of the Sino Iron (Magnetite) Project located in Australia2. An overview of in-house designed CITIC Heavy Industries 12.2 m (40ft) F x 11 m(36ft) LG – 28MW AG mills including FEA and major components3. In-house manufacturing at CITIC-HIC work in Luoyang China of all major components for 6 off Ø12.2 m(40ft) AG mills and 6 off Ø7.9 m(26ft) x 13.6 m(44.6ft) LG – 2 x 7.8 MW Ball Mills4. Major aspects of design and preparation of the biggest shop trial run of Ø7.9 m(26ft) x 13.6 m(44.6ft) LG Ball Mill witnessed by international EPCM’s and clients in July 2009.5. Major aspects of one piece assembly of 1300 tonne rotating element of the Ø12.2 m(40ft) x 11 m(36ft) LG AG Mill and Ø7.9 m F (26) x 13.6 m(44.6ft) LG Ball Mill at the port of the export China and transport to Australian Port and then to site.6. An insight to unique installation methods used for Ø12.2 m(40ft) and Ø7.9 m(26ft) rotating element lifting on the mill foundation in one piece assemblies.7. CITIC Heavy Industries present capability for in house design and manufacture of Grinding Mills up to Ø13.7 m (45 ft) with 35 MW Gearless drives and Ø12.2 m(40ft) with 2 x 10 MW Geared Mill drives"

Jan 1, 2012

By C. M. Campbell

IN 1934 Newfoundland, after extravagant operation based on exaggerated ideas of what she had to work with, became bankrupt, ceased to be a self-governing Dominion, and passed into the hands of a Commission. Since the days of Dawson, Canadians have been taught that no country in the world is as rich as their own. This idea has become a religion; contrary views are heresy, and are suppressed even by technical organizations and government departments. Following the alleged habit of the ostrich, we have buried our heads in the sand and have refused to face the facts. This policy of "to have today and to hell with tomorrow" is now bearing fruit. After forty years of operation on the basis of unlimited natural wealth, with resulting over-expansion, wholesale depletion of capital assets, and huge borrowings, we are, now that our wealth has been shown to be very limited, face to face with the status of Newfoundland. Already, in this Province, commission government of bankrupt municipalities is not uncommon. The ostrich is referred to as the most foolish bird in the world. That is not the case-no ostrich ever hid his head in the sand. In the clear air of his home on the South African veldt, an area characterized by low bushes, he is a conspicuous object. When danger approaches, he lowers his head; matches his background, the bushes; and danger passes him by. This leaves the Canadian, with his head still in the sand, to fill the r61e cast for the ostrich. Fortunately, a few Canadians never did get their heads covered; others are getting them out far enough to see what is going on. Their comments are very much to the point. "Nowhere in the world," says Mr. Meighen, "has more harm been done to any country by an exaggeration of its resources and potentialities than has been done in Canada'.

Jan 1, 1941

By L. H. McKay

Tailing Dams Three types of dam have been structed to impound tailings from the Allenby mill: 1.- By classifier unit 2.- By earth dam 3.- By direct deposition of tailings The first type, which includes two dams, was built across a shallow valley which sloped down to Similkameen river, just below the mill site. Two earth embankments, one below the other, were built across the valley. Tailings were then piped to Akins classifiers mounted on wooden wheels. The classifiers were set up at one side of the valley and gradually moved ahead on the sand embankment created by the sand discharge from these classifiers, the slime overflow going to settli.ng ponds formed by the dams. Decanting wells were built in the settling ponds by placing four six-by-six timbers vertically in the ground, two feet apart, to which two-by-six tongue-and-groove boards were nailed. The elevations of the ponds were raised, as required, by nailing additional two-by-six boards on the well and bolting on more six-by-six timbers when required. The bottoms of the wells were attached to a covered launder made of three-inch lumber laid on a one per cent grade. This launder carried the overflow through the dam. The second type of dam was built across a long, narrow valley, known as Hitchen's Flat, the upper ~n d of which was about 2½ miles north of the mill. This valley, an ideal tailings site, was 4,000 feet long and from 600 to 800 feet wide. An earth embankment with a concrete spillway through the top was built approximately 28 feet high across the lower end of this valley. Tailings were then dumped into the upper end of valley, with no further expense until the basin was filled up to the level of the flume where this entered the valley. When the upper end of the valley was filled to this point there was still room for more tailings at the lower end. Therefore, a pump was installed to elevate the tailings to build a wall around the upper end of the valley by depositing sands from a launder built up on 20 foot supports and sloping both ways from the pumping station around the upper end of the basin.

Jan 1, 1950

Keeping the sediment on the mine site and out of the water course is essential from the regulatory, environmental and sustainability perspectives. Regulation of this aspect of mining is embedded in environmental legislation and government receiving water quality standards, and government control has apparently been considered to be the most appropriate method to define mine site discharge standards and the environmental implications of sediment in downstream watercourses. A literature search for guidelines for the site specific design and operation of sediment ponds treating mine site runoff to remove total suspended solids, turbidity and flocculant-induced toxicity, revealed little information on the mining industry?s and government?s roles in defining the ?how to achieve? related to sediment pond design. Is there a need or reason for an industry-driven leadership to clearly define the ?how to? keep the sediment on the mine site and out of the water course? Currently, this issue is addressed in Canada by a federal mining regulation for metal mines which specifies discharge quality for sediment. This paper focuses on the method used in British Columbia, Canada, to regulate and provide a scientific methodology to control the discharge of sediment from mine sites. Management plans relative to this topic are discussed and are considered to have value from the exploration, construction, operation and the onset of closure phases. In addition, the balance and linkage between the erosion control management plan and the sediment pond management plan are discussed in terms of how they may be designed to complement each other to lower the risk of exceeding discharge and receiving water quality standards. If there were an industry-driven standard, or guidance document relative to addressing sediment release, it would benefit mining companies by eliminating the repetitive analysis of this topic for each new mine, mine expansion, and mine modification; also, government may often replace certain aspects of permitting with a regulation, if there is a government/industry established standard defining Best Achievable Technology (e.g. the Canadian Metal Mining Effluent Regulations).

Aug 1, 2013

By H. W. Kasaini, E. Bourricaudy, T. Larochelle

Rare Element Resources Inc., a U.S. based company, has developed a three-stage process for producing a +98% mixed REO powder from hard rock feedstock (-48 mesh, 2.9-4.8% REO) consisting of bastnaesite and ancylite minerals. Firstly, the whole ore is digested in chloride media at low temperature in counter-current flow mode. Secondly, the rare earths (REEs) are selectively precipitated as oxalates directly from an impure pregnant leach solution (PLS). Finally, significant amounts of free acid and water are recovered from the REE-depleted filtrate and subsequently recycled within the process. Excess heat from the oxalate calcination process is captured and reused in the plant. Due to the low leach temperature (45 ºC) and moderate acid dosage (240-297 kg/t, HCl), rare earth oxides (REOs) are preferentially leached out of fine solids leaving most of the base metals (Ba, Fe, and Al ) in the residue. Selective recovery of REEs from the PLS is achieved by mixing dilute oxalic acid (33% H2C2O4) and PLS at elevated temperature (85-95 ºC). The REEs plus thorium are precipitated as oxalates (REE2 (C2O4).xH2O) while the base metals are left behind in the barren filtrate. Multiple batch and pilot test results have confirmed that 50-80% of the oxalic acid can be recovered from the REE-depleted PLS through low-temperature crystallization (10-15 ºC). Typical leach efficiencies of critical rare earths at 45 ºC range from 85-99% (average 93%) while oxalate precipitation at high temperature increases the crystal size of RE oxalates (>450 microns, d80) thereby improving filtration. The economic benefits of this process include elimination of flotation and magnetic separation Capex and driving hydrometallurgical Opex down to $6- 7/kg, REO produced. As part of a comprehensive risk mitigation strategy, Rare Element Resources Inc has operated multiple pilot plants at SGS in Lakefield, Ontario, Canada to optimize counter-current leaching (CCL), REE oxalate precipitation (OXP), and thorium removal circuits. This paper presents pilot testing data from CCL and REE OXP circuits.

Jan 1, 2016

By Yuanming Pan, Brett Rogers, Baoquan Hu, Gary Yeo, Christine Austman

The nature and distribution of radiation-induced defects (RIDs) in quartz from the Maw Zone, a yttrium- and rare-earth-element-enriched sandstone breccia complex exhibiting intense hydrothermal alteration, have been investigated by electron paramagnetic resonance (EPR) spectroscopy. EPR spectra show that detrital quartz in sandstone, from five diamond drill holes intersecting the Maw Zone and one above the crest of the so-called Quartzite Ridge, contain only background-level RIDs, indicating that Ubearing fluids were absent in this area. However, close to the sandstone-basement unconformity, in hole WR-194 immediately west of the Quartzite Ridge, the concentration of RIDs in detrital quartz is significantly above background but at least an order of magnitude lower than those at the Key Lake and McArthur River deposits. Widespread drusy quartz at the Maw Zone, which signifies intense hydrothermal alteration, is associated with hematite-, sulfide- and carbonate-bearing mineral assemblages, which exhibit complex crosscutting relationships. EPR spectra of drusy quartz in all three types of mineral assemblages are low in RIDs as well, supporting the EPR evidence that fluids at the Maw Zone did not carry significant U. These EPR results suggest that, in spite of intense hydrothermal alteration and favorable structural geology, the Maw Zone is unlikely to host any significant U mineralization. Moreover, this study shows that the EPR technique is potentially a useful exploration tool, capable of determining whether individual alteration zones in the Athabasca Basin were associated with U-bearing fluids or not.

Jan 1, 2013

By Troy Boisjoli

Since its discovery in February 2014, the Arrow Uranium Deposit has undergone rapid development through aggressive and systematic drilling programs and is now being progressed through advanced engineering and permitting. Based on the 2018 NI 43-101 Technical Report, the Probable Mineral Reserve estimate totals 234.1 million (“M”) pounds (“lbs”) triuranium octoxide (“U3O8”), contained in 3.43 M tonnes at an average grade of 3.09% U3O8. The proposed processing plant at the Rook I Project (the “Project”) will be capable of producing up to 31 M lbs of U3O8 per year, with a projected mine life of nine years based on the Probable Mineral Reserve estimate, although NexGen is permitting a 24-year operating life at the Project assuming the majority of Inferred Mineral Resources are upgraded to Indicated Mineral Resources with continued mineral resource development drilling. The Project will be developed through transverse and longitudinal longhole mining methods, pairing primary and secondary stoping techniques with a high degree of equipment mechanization which will provide a combination of good productivity, high extraction, and stable back support. This next generation of uranium operations combines the use of advanced tele-remote equipment and instrumentation with a low-cost bulk mining method and a best-in-class tailings management practice, effectively reducing operating costs and setting a new standard for elite environmental and social practices.

Jan 1, 2020

By A. Singh

Two alloys Mg96.9Zn2.7Ho0.4 and Mg93Zn6Ho have been processed by direct extrusion at 300°C and 200/230°C to produce various microstructures containing icosahedral quasicrystalline phase with different grain sizes. The alloys were mechanically tested in tension and compression. The mechanical properties were related to the grain size and microstructures studied by transmission electron microscopy. The extruded alloys showed a mixture of nano-sized icosahedral and monoclinic Mg4Zn7 phase, as well as icosahedral phase particles a few hundred nanometers in size distributed in the matrix. Coarse icosahedral phase particles several micron in size also remained after extrusion. The alloys Mg96.9Zn2.7Ho0.4 and Mg93Zn6Ho extruded at the same temperature of 300°C produced very different grain sizes of 15 and 3 µm, respectively. The alloy Mg96.9Zn2.7Ho0.4 extruded at 200°C and Mg93Zn6Ho extruded at 230°C produced grain sizes of 0.7 µm and 1.5 µm, respectively. Both the alloys showed yield stresses of about 300 MPa in both tension and compression with elongations of about 18%. Hall-Petch parameters are calculated for the alloys.

Jan 1, 2006

By P. Lafleur

All indications point to a growing market for thermal coal in Japan as part of the country's current energy policy formulation process. The Ministry of International Trade and Industry forecasts imports of 16 million tons a year in 1985 and 40 million tons in 1990-a twenty-fold and forty-fold increase over the present level. This potential reflects Japan's over-all serious and increasing concern for security of energy supplies and its resultant need to seek alternative sources. Nuclear power will be the main alternative source, but, because it is expected that its development will be slow, imported thermal coal will assume greater importance. Canada, with large resources of all types of coal, could fill a portion of this market. Thermal coal could come from specific thermal coal developments or from metallurgical coal mines, which usually produce a certain amount of coal not amenable to coking, but suitable for power purposes. However, penetration of this Japanese market by Canadian thermal coal will depend on the resolution of a number of problems. On the demand side, siting, environmental aspects, the need for a coal unloading and trans-shipment centre, and the added cost of installing coal-fired stations could be major constraints. Although Canada has ample high-quality resources, any new development tied to the Japanese market will require improvement in prices to cover the high costs associated with transportation, the construction of new mines and the provision of new infrastructure.

Jan 1, 1979

By Rajiv Kalra

This paper reviews the following aspects of the world?s largest manufactured Grinding Mill?s in terms of diameter and power, along with the world?s biggest shop assembly and trial run of the mills delivered to Sino Iron Magnetite Project in Australia. 1. An overview of the basic flow sheet of the Sino Iron (Magnetite) Project located in Australia 2. An overview of in-house designed CITIC Heavy Industries 12.2 m (40ft) F x 11 m(36ft) LG ? 28MW AG mills including FEA and major components 3. In-house manufacturing at CITIC-HIC work in Luoyang China of all major components for 6 off Ø12.2 m(40ft) AG mills and 6 off Ø7.9 m(26ft) x 13.6 m(44.6ft) LG-2 x 7.8 MW Ball Mills 4. Major aspects of design and preparation of the biggest shop trial run of Ø7.9 m(26ft) x 13.6 m(44.6ft) LG Ball Mill witnessed by international EPCM?s and clients in July 2009. 5. Major aspects of one piece assembly of 1300 tonne rotating element of the Ø12.2 m(40ft) x 11 m(36ft) LG AG Mill and Ø7.9 m F (26) x 13.6 m(44.6ft) LG Ball Mill at the port of the export China and transport to Australian Port and then to site. 6. An insight to unique installation methods used for Ø12.2 m(40ft) and Ø7.9 m(26ft) rotating element lifting on the mill foundation in one piece assemblies. 7. CITIC Heavy Industries present capability for in house design and manufacture of Grinding Mills up to Ø13.7 m (45 ft) with 35 MW Gearless drives and Ø12.2 m(40ft) with 2 x 10 MW Geared Mill drives

Jan 1, 2012

By John Dasher

The analyses reported on in this paper indicate that there are hydrometallurgical routes from sulphide concentrates to copper that are potentially competitive with smelters which are not permitted to emit sulphur oxides. The various hydrometallurgical processes, and their economics, are discussed.

Jan 1, 1973