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By D. A. McIsaac

In these days, when mass production seems to be the watchword of all industrial companies, nothing is left undone to attain this end. Transportation, where necessary, becomes a question of very great importance. For this reason every mechanical contrivance known to man is employed, with its resultant advantages. So successful has man's ingenuity been that, offhand, we are inclined to say that practically all transportation on a large scale is done mechanically, that is, where speed and economy are desiderata. Granting this, one would think that to read a paper on the horse before your honourable and highly technical Society would surely be a waste of time, and that any Company employing old-fashioned 'horse' power would certainly be very much behind the time, to say the least. However, the fact remains that the biggest industry in our country today-coal mining-must use horse power to a great extent, being compelled -both by considerations of economy and by necessity. For this reason,' in the production of coal under present conditions, the pit horse is of great importance to this industry and is to be considered seriously as one of the units that help to make coal mining a success or a failure. Hence, in employing horses as a power for transportation, care must be exercised in selecting the animals, and the care of this power must be considered as seriously as any other department of such an organization. In selecting a pit horse, several things must be borne in mind, that is, one must get as much horse power as possible in as compact a form as is practicable. This determines the type of horse we must use, which is of very great importance under our present conditions of coal mining. With low roof, steep grades, and forced production, a distinct type of animal must be selected.

Jan 1, 1930

By D. A. McIsaac

In these days, when mass production seems to be the watchword of all industrial companies, nothing is left undone to attain this end. Transportation, where necessary, becomes a question of very great importance. For this reason every mechanical contrivance known to man is employed, with its resultant advantages. So successful has man's ingenuity been that, offhand, we are inclined to say that practically all transportation ?On a large scale is done mechanically, that is, where speed and economy are desiderata. Granting this, one would think that to read a paper on the horse before your honourable and highly technical Society would surely be a waste of time, and that any Company employing old-fashioned 'horse' power would certainly be very much behind the time, to say the least. However, the fact remains that the biggest industry in our country today-coal mining-must use horse power to a great extent, being compelled both by considerations of economy and by necessity. For this reason,' in the production of coal under present conditions, the pit horse is of great importance to this industry and is to be considered seriously as one of the units that help to make coal mining a success or a failure. Hence, in employing horses as a power for transportation, care must be exercised in selecting the animals, and the care of this power must be considered as seriously as any other department of such an organization. In selecting a pit horse, several things must be borne in mind, that is, one must get as much horse power as possible in as compact a form is practicable. This determines the type of horse we must use, which is of very great importance under our present conditions of coal mining. With low roof, steep grades, and forced production, a distinct type of animal must be selected.

Jan 1, 1930

By L. E. Young

MUCH has been said and written on this subject and probably little new can be said. However, the point of view of the operating company changes from time to time, and more stress may be laid upon a subject today than was done some years ago, and it is with this changing point of view that the following observations are presented: The writer wishes to limit the discussion to views of a company mining bituminous coal, particularly to what the production department expects of the college grad¬uate. In an editorial in MINING AND METALLURGY for February, 1929, entitled "Is. Mining Engineering Passing?" it is stated that: It is not by accident that mining engineering courses have been general rather than special and form even today the only general engineering courses widely offered and followed by engineering students.'* * * even in this age of specialization, the mining engineers remain a body characterized particularly by broad knowledge.

Jan 1, 1929

By Robert E. Wallhagen

This report describes the results of a four year investigation into improved face ventilation systems for underground coal mines. The objective was to experimentally determine configurations for a diffuser fan system and a water spray (spray fan) system which will provide a maximum reduction in face methane concentrations without causing an increase in methane concentrations at the operator's position. The experimental evaluation was performed in full scale mock-up mine entries, simulating continuous mining operations in both a six foot and four foot coal seam complete with normal ventilation, water sprays, and methane emission. A limited study was also performed to assess the effect of scrubber discharge location on methane concentrations in the face area. The results indicated that diffuser fan and spray fan systems that were designed to augment the natural airflow pattern in the entry could provide a factor of 3 to 5 reduction in average methane concentration at the face, compared to a mining machine with just conventional water sprays. The properly designed diffuser and spray fan systems also significantly reduced the total methane present in the entry. A properly designed dust scrubber discharge can reduce face methane levels by a factor of two.

Jan 1, 1977

By Galen H. Clevenger, MARTINUS H. CARON

Although there are exceptions, oxidized silver ores containing the higher oxides of manganese are generally refractory to hydrometallurgical methods of treatment. When these ores are of high enough grade they can be smelted; indeed, some rather low-grade ores of this type have been smelted at a profit because of their fluxing value. In the past, when these ores could not be smelted, they either were not treated or were treated at low efficiency, generally by cyanidation. The need for thorough investigation of the problem was therefore evident for some time before the writers began their research. The problem of treating manganese-silver ores seems to have been recognized first about 35 years ago by C. W. Goodale in applying pan amalgamation at Tombstone, Ariz. He attributed the low extraction of silver to the fouling of the mercury by manganese rather than to the presence of a refractory compound of manganese and·silver. Although definite knowledge as to the cause of the poor extraction of silver was lacking, a more or less effective preliminary treatment, that is, a chloridizing roast, was applied. E. M. Hamilton, in 1909, was perhaps the first to define clearly the problem as it affects the cyanidation of silver ores and to suggest possible methods of preliminary treatment. Most of the work done in the interval between the appearance of Hamilton's paper and the assumption of the investigation by the authors was in the nature of routine tests covering suggestions already made rather than of research directed to a fundamental study of the problem. No practical application has so far been made of any of these proposed processes. The investigation described in this bulletin has proved that there s a refractory compound of manganese and silver-probably a manganite- insoluble in cyanide solution and other common solvents for silver. Although this compound has not been isolated from natural ores, it has been made synthetically, and shows all the characteristics of the natural product. Furthermore the authors have shown definitely that heating in air a relatively small amount of a silver compound with a large excess of silica (in the proportions ordinarily occurring in a commercial silver ore) renders

Jan 1, 1925

By Edward Keller

The work covered by this report was undertaken at the request of Dr. J. A. Holmes, late Director of the Bureau of Mines, to whom the writer had been recommended by C. W. Goodale and E. P. Mathewson, of Butte and Anaconda, Mont. The director's offer was accepted for the honor it conferred and for the useful results that might be promulgated by the work in the technical field covered. The investigation was facilitated by permission to visit various works and sometimes by contributions of important definite information on a given subject. It is therefore with pleasure that acknowledgment of courtesies is made to the following corporations and gentlemen: Anaconda Copper Mining Co., Raritan Copper Works, Baltimore Copper Smelting & Rolling Co., United States Refining Co., American Smelting &, Refining Co., B. B. Thayer, A. C. Clark, A. L. Walker, William H. Peirce, E. A. Cappelen Smith, H. H. Alexander, F. C. Newton, S. Rolle, R. W. Deacon, N. W. Pierce, O. C. Martin, C. N. Sappington, James K. Thomson, W. G. Derby, and the assistants of the writer, K. W. McComas and W. L. Raup. In this report considerable space has been devoted to general and theoretical principles on the ground that under modern conditions the best results in any field of activity can be attained only with the a. id of an adequate knowledge of the best theories underlying the practice. The diffusion of such knowledge in the field of sampling metallic metallurgical materials appears to have been quite insufficient, and it is felt that when the principles involved are once thoroughly comprehended their universal application will be appreciated, so that it will make no difference whether pig iron or gold bullion is offered for test. It may further be noted that a discussion of the theories underlying practical methods is placed under the caption "Practical Sampling," with the idea that no one can be a practical sampler unless he is capable of analyzing his methods. No attempt has been made to advocate any one method, but it is hoped that the analyses of all of the methods in use will show where each may be correctly and safely applied. The fact that it is possible to demonstrate the theoretical correctness of several methods indicates the invalidity of the claim that any single one of them is the standard.

Jan 1, 1916

By Stuart Marsland

"Reference materials have always been important for validating and controlling analytical methods', They have recently become even more important as quality requirements have become more stringent and customer demands for properly verified and controlled results increase. Clients, especially from the resource exploration industry demand critical validation of all results reported. Mintek has been producing geological and semi processed ore references since the early 1970's and recently due to increase in demand other manufactures have entered the South African Market.This paper describes Analytical challenges from the customer's perspective. The customer being the metallurgist, mine geologist, environmental scientist and geologists from resource companies. Reference Materials and their appropriate use and good understanding of them can aid greatly in building confidence in the results, choosing the right Laboratory for a project, deciding which set of results arc correct and providing evidence to the customer's clients that the results obtained are the very best possible.Throughout the world there are hundreds of reference materials produced by over 80 organisations and these are mainly ores, rocks, semi processed ores, metals, and many more. Mintek is one of the top 10 producers with over 75 products. Many of these producers including Mintek and their respective standards organisations belong to the ISO REMCO committee and their respective work groups. This committee's main task is to draw up guide lines for the use, manufacturing and certifying reference materials. In South Africa a mirror committee has recently had its inaugural meeting the function is to give clear mandate to the South African representative on the main ISO REMCO committee, the South African delegate bas an opportunity to influence the contents of the guides.Tile SARM program has since the year 2000 increased its sale three fold, the question is why? There is more accountability needed in our world. That means Analytical results have to be the very best possible and risks associated to them must be well quantified. Consider that the risk of wrong results of wrong decisions made from a result is trivial to laboratory, in comparison to the laboratories customers. The consequence to a laboratory could be a loss of income or some one may lose their job. To the customer he may dig up 1000 of ton's of rock with nothing in it or worse still don't mine it when the grade is high enough. This is seriol1s money."

Jan 1, 2014

By John P. Turner, Benjamin J. Turner

"Non-destructive testing and evaluation (NDT/NDE) methods have become standard tools as part of the post-construction quality assurance of drilled shaft foundations. In responding to anomalies, foundation designers, owners, and contractors face a number of choices, including: (i) acceptance of a shaft with known anomalies, (ii) further investigations of integrity (e.g., concrete coring), (iii) repair schemes, and (iv) reject and replace. To assist in selecting the best option, analyses are often performed that involve assessing the structural performance of reinforced concrete shafts that may include defective concrete or voids. Currently, the analytical tools for predicting the flexural strength and stiffness of drilled shafts with defective concrete located in discrete regions of the cross section are limited. This paper presents a robust moment-curvature analysis tool for drilled shafts based on the fiber-element discretization method. The tool allows for consideration of anomalous or defective concrete regions in the shape and location that they are believed to exist in the shaft while considering explicitly the nonlinear material behavior of the intact regions based on expected material properties. A case study is used to illustrate the practical application of the analysis to drilled shaft projects.INTRODUCTIONImperfections such as defective concrete or accidental eccentricity of reinforcing cages are an inherent part of the drilled shaft construction process that will occur occasionally even when construction best-practices are followed. Petek et al. (2002), O’Neill and Sarhan (2004), Poulos (2005), and others have described the effects that construction defects can have on the axial and lateral performance of drilled shafts. Our industry has seen rapid progress in recent years in the development and improvement of tools for detecting drilled shaft anomalies, such as gamma-gamma and crosshole-sonic logging, sonic-echo testing, thermal integrity profiling, and even visual inspection with invasive video cameras. Nonetheless, in most cases the wealth of data from these tests is used by foundation engineers to make a fairly “black or white” decision—should the defects be repaired, or should the shaft be rejected? A third option that is not typically considered is to directly analyze the section, including anomalies, and compare the reduced strength and/or ductility to the actual project demands. This option takes full advantage of the data collected during integrity testing, and may provide a justifiable means for avoiding further construction costs and delays, whether for repair or replacement."

Jan 1, 2016

"The content of production reports has its origins in raw measurements taken in harsh production environments. The ensuing measurement/estimation errors always affect reproducibility such that, regardless of the fact that they are balanced through statistical data reconciliation, reported numbers are simply the most probable values of inferred probability distributions. This has important implications for how metal recoveries should be monitored and reported. Indeed, in a context where many process optimisation activities are based on small improvements in recovery, there should be no doubt that inadequate handling of measurement/estimation errors can easily exaggerate or mask actual changes in process performance. However, estimates of the reproducibility of reported metal recoveries are rarely reported to plant management. This situation persists despite the fact that a code compliant metal accounting system must inform management about business risks related to metal accounting. To this extent, this paper focuses on the continuous management of reproducibility level of metal recoveries in compliance with the best practices. Sensitivity analysis of primary and secondary metal accounting models is performed to show the resulting probability distributions for metal recoveries. Some guidelines are given for designing and managing metal accounting systems capable of achieving and sustaining predefined levels for the reproducibility of metal recoveries.INTRODUCTIONEach and every mineral processing plant produces daily, weekly and monthly production reports in which metal balances for payable and penalty elements are presented. While such production reports are usually consulted in offices, underlying raw measurements are taken in harsh production environments where mechanical vibrations, humidity, corrosion and dust, to name a few, disturb measurement procedures. It is thus no surprise that several authors (Francois-Bongarcon & Gy, 2002; Gaylard, Randolph, & Wortley, 2014; Holmes, 2010; Spangenberg & Minnitt, 2014) have reported pervasive issues related to mass/sampling measurements in the context of mineral processing."

Jan 1, 2016

"Developed by CRIRSCO, IRT is a document that draws on the best of the CRIRSCO-style reporting standards. These reporting standards are recognised and adopted world-wide for market-related reporting and financial investment.The IRT is not an international reporting code and does not supersede existing national reporting standards. Rather it is a guideline that encapsulates the content of these standards for the benefit of the international mining industry and its various stakeholders.The template is a 'living document' that is continuously updated and improved as new national laws, rules, codes and guidelines are created or amended.The International Template is advisory only and where national codes already exist, these will take precedence. The International Template is intended to assist those countries that either do not have a reporting code or whose code is outdated, to produce a new code consistent with international best practice. It also provides a consolidated version of national codes that reflects their compatible international components and may thus be used in comparisons with other international reporting systems. The word 'Template' is used advisedly to indicate that this document is a model for code development and does not in itself constitute a 'code' which implies that it has legal or other regulatory force.From this point forward, the Template includes words that imply a mandatory action, such as ""requires"", ""applies"", ""must"" etc. This is to enable the Template to be easily adopted by countries and organisations wishing to do so, and does not imply that the Template itself is a mandatory reporting standard.INTRODUCTION2 In this edition of the International Reporting Template (""The Template""), important terms and their definitions are highlighted in bold text. The guidelines are placed after the respective Template clauses using indented italics. They are intended to provide assistance and guidance to readers for interpreting the application of the clauses in the Template.Indented italics are also used for Appendix 1 — 'Generic Terms and Equivalents"", and Table 1 —'Check List of Assessment and Reporting Criteria' to make it clear that they are also part of the guidelines for the application of the Template.Appendix 1 contains a table of generic terms and their equivalents, designed to avoid unnecessary duplication or ambiguity in the textAppendix 2 provides Rules of Conduct for Mineral Resource and Mineral Reserve estimators that may be considered in addition to the Codes of Ethics or Practice normally applying to members of professional institutions."

Jan 1, 2003

By Matthew Preedy, Brett Campbell, Jim Rush, Alan Howard, Derek Penrice

All Rights Reserved. Printed in the United States of America. Information contained in this work has been obtained by SME, Inc. from sources believed to be reliable. However, neither SME nor its authors guarantee the accuracy or completeness of any information published herein, and neither SME nor its authors shall be responsible for any errors, omissions, or damages arising out of use of this information. This work is published with the understanding that SME and its authors are supplying information but are not attempting to render engineering or other professional services. If such services are required, the assistance of an appropriate professional should be sought. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Any statement or views presented here are those of the authors and are not necessarily those of SME. The mention of trade names for commercial products does not imply the approval or endorsement of SME.

Dec 1, 2018

By M. T. Ityokumbul

The use of yield index, the product of the yield and gangue rejection, for the optimization of separation processes is presented. The characteristics of the yield index are contrasted with separation efficiency calculations and applied to laboratory froth flotation and washability data. Data from continuous froth flotation tests conducted to "optimize" froth flotation using process optimization software were also evaluated with the yield index procedure.

Jan 1, 1997

By M. M. C. Lima, L. C. S. Solimani, M. A. Quintela

Galvanized steel scrap is recycled to B OF converters where zinc escapes from the bath and is captured by the gas control system, appearing in BOF sludge. As BOF sludge contain high iron content, it could be recycled, but due to its zinc content, it is disposed in landfills. In this study techniques were evaluated for zinc layer removal from scrap by sulfuric acid leaching. The effects of coating weight, temperature, time and sulfuric acid concentration were evaluated for three different galvanized scrap. The results showed that the behavior of each galvanized scrap was different. Nevertheless zinc removal efficiency was more than 80% with low dissolved iron in the leached solution.

Jan 1, 2011

By John P. Harmon

Vehicles traveling on untreated dirt and gravel roads at open-pit mines disseminate high concentrations of dust (fig. 1). Excessive dust creates safety hazards by reducing visibility and may endanger the health of the men who breathe it. If the dust contains free silica, it can cause silicosis. In addition, maintenance costs of mechanical equipment are increased if equipment is operated in extremely dusty places. Dust on haulage roads in hot, arid country can be controlled if the surface of the road is sprinkled frequently and adequately with water. Often, when roads are sprinkled with water to control the dust, hazards are caused through reduced traction and skidding because of the mud that is formed on the surface of the road. Reducing the amount of water used will help to reduce the hazard of skidding.

Jan 1, 1957

By George Otis Smith

A YEAR ago, ,at the Institute's dinner, I closed my A remarks with the words: "The scientist devotes his life to the advancement of learning; the engineer gives his to the advancement of living." May 1 begin tonight where I left off then and speak first of the distinction between science and engineering? This difference is a difference both in purpose and in method: it is the sharp contrast between theory and practice; it marks the broad gap between dream and attainment. Sometimes it happens that the investigator is also the builder and applies what he discovers, yet the distinction between science and engineering serves to point out the broad dependence of the engineer upon his brother the scientist. You remember .the old - saying that "where there is no vision the people perish" translate this into modern experience and we may say that "where there is no science, the engineer fails."

Jan 1, 1929

By J. M. GLEDHILL

(Washington Meeting, May, 1905.) A Discussion of Mr. J. M. Gledhill's paper, read by title at the Lake Superior meeting, but presented first at the New Yolk meeting of the Iron and Steel Institute (October, 1904), and here published under a mutual agreement. Between the two Institutes. Discussion. MR. E: WINDSOR RICHARDS, Past-President, said that at a recent meeting of the Institution of Mechanical Engineers a paper was read on tool steel, and he called the attention of the members to the high-speed tool steel at the Bethlehem Works. They would have the pleasure of seeing those wonderful works and would see 60, 70, 80 and 100 tons oil lathe with half-a-dozen of these high-speed tools running. PROP. H. M. HOWE (Columbia University) said that they all looked upon these high-speed tool steels as of very great importance, particularly to the machine shop. One point occurred to hire : Had it really been shown that Swedish steel is necessary, or better than equally pure steel that is not Swedish; and is cemented steel really necessary, and is there any advantage in using that, rather than equally pure open-hearth steel'! It might be well if the author could indicate the kind of evidence on which lie bases his assertion that it is necessary to have cemented Swedish steel. Many were hoping for the development of high-speed steels from elements which exist in great quantities, such as silicon, manganese and chromium, rather than from rarer metals like molybdenum, vanadium and tungsten, the supply of which is likely to be soon exhausted. If the high-cutting speed was to last more than a generation, it. seemed to him that they would have to draw upon the common ele¬ments and not upon the rare ones. MR. Tom WESTGARTH (Middlesbrough) said he fully appreci¬ated what had been said about the advantages of using high-speed steel, because great benefit had been derived from the

Mar 1, 1905

By Juan J. Monsalve, AMAN SONI, ALEX PFREUNDSCHUH, Nino Ripepi

Ground control failures are one of the main causes of accidents in the underground stone mining industry. Some of the fundamental tools for rockfall hazard identification are related to rock mass characterization and geotechnical discontinuity mapping. Recent technological advances in these methods are related to remote sensing techniques and point cloud processing software for automated discontinuity mapping. Remote sensing techniques, such as LiDAR and photogrammetry, generate multimillion point clouds with millimetric precision, capturing the structure of the rock mass. The automated point cloud processing tools offer alternative algorithm-based methods to characterize and map these discontinuities. However, their applicability is constrained by multiple factors such as site specific conditions of the rock mass and the parameters used within the mapping algorithms. This paper evaluates the performance of automated discontinuity extraction software compared with manual virtual discontinuity mapping. Sampling windows from laser-scanned sections in an underground limestone mine are defined and mapped using discontinuity set extractor (DSE). Results from the virtual discontinuity software are compared with manually extracted fractures from I-Site based on reviewing orientation, trace length, spacing, number of extracted discontinuities, and processing time. The analysis determined that the automated mapping algorithm was able to identify the same discontinuity sets that had been manually mapped. The automated mapping software mapped an excessive amount of smaller fractures, which caused the comparison of both mapping techniques to be unsuccessful in terms of trace length and spacing.

Mar 19, 2021

By C. Watson Owings

"The mining Industry in the United States is becoming fully cognizant of the hazards of dust in underground mining as well as in surface plants. The dust problem in metal mines has been brought to focus through knowledge of the harmful effects of dust, especially silica, and through adoption of more or less stringent legislation classifying certain types of pneumoconiosis as occupational diseases. The coal-mining industry is aroused principally by the apparently great increase in the dust-explosion hazard resulting from the rapid growth of mechanized mining. The United States Department of the Interior, through the Safety. Division of the Bureau of Mines, has been requested repeatedly to recommend methods of allaying dust in both coal and metal mines. Methods adequate under hand-mining conditions fail to effect satisfactory reduction of dust in more rapid extraction with modern equipment. Studies of methods and equipment for allaying dust are being conducted in both metal and coal mines. Results of these studies are discussed, and indications of possible means of reducing dust concentrations are presented in the hope that the health and 'safety of men employed in the mining industry may be increasingly safeguarded.DUSTThe term ""dust"" is a common one, and yet the meaning is applied to widely different particle sizes. The general term means ""earth or other matter reduced to fine, dry, and powdery particles."" The root from which the word is derived means ""something that can be blown about by the wind."" As a result of tests on the explosibility of coal, the Federal Bureau of Mines has arbitrarily defined dust as being. ""that which will pass through a 20-mesh screen,"" based upon the fact that particles coarser than 20-mesh have little influence on the development of an explosion of Pittsburgh coal-bed dust. The study of dust, from a health standpoint, has given rise to still another definition of dust, namely,- according to Drinker3/, ""solid particles ranging in size from less than 1 micron to about 150 microns."" A micron is 1/25,400 inch, and 150 microns are approximately 1/1,700 inch. Atmospheric dust usually is considered as 10 microns or less, larger particles not being counted under the microscope in determination of dust concentrations."

Apr 1, 1942

By R. G. K. Morrison

By arrangement between the Ontario Mining Association and Messrs. John Taylor & Sons, Mining Engineers, 6 Queen Street Place, London, E.C.4, the writer was engaged for a period of not more than three months to report on the rockburst situation in Ontario mines. This was later amplified, by mutual agreement, to include, at the expense of detail, visits to the larger camps where rockbursts had not occurred, to get a general picture of conditions and to discuss the subject with operators in their respective areas. Scope of Activities Visits were paid to the following properties for the purpose of enquiry and discussion; the underground workings of those mines marked with an asterisk were visited on one or more occasions: KIRKLAND LAKE * Macassa Mines, Limited * Kirkland Lake Gold Mining Co., Ltd. * Teck-Hughes Gold Mines, Limited * Lake Shore Mines, Limited * Wright-Hargreaves Mines, Limited Sylvanite Gold Mines, Limited Toburn Gold Mines, Limited EAST KIRKLAND & LARDER LAKE Upper Canada Mines, Limited Chesterville Larder Lake Gold Mtng Co., Ltd. Kerr-Addison Gold Mines, Limited Omega Gold Mines, Limited PORCUPINE * Hollinger Consolidated Gold Mines, Ltd. * Mcintyre Porcupine Mines, Limited * Dome Mines, Limited * Buffalo Ankerite Gold Mines, Limited Paymaster Consolidated Mines, Limited Preston East Dome Mines, Limited Pamour Porcupine Mines, Limited Broulan Porcupine Mines, Limited Hallnor Mines, Limited Naybob Gold Mines, Limited Delnite Mines, Limited Moneta Porcupine Mines, Limited DeSantis Porcupine Mines, Limited Coniaurum Mines, Limited SUDURY lnternational Nickel Co. of Can., Ltd. * Falconbridge Nickel Mines, Limited LITTLE LONG LAC AREA * Little Long Lac Gold Mines, Limited MacLeod-Cockshutt Gold Mines, Ltd. Hard Rock Gold Mines, Limited Bankfield Consolidated Mines, Limited Magnet Consolidated Mines (1936), Ltd. à PICKLE LAKE AREA * Central Patricia Gold Mines, Limited * Pickle Crow Gold Mines, Limited UCHI LAKE * Uchi Gold Mines, Limited McKENZIE ISLAND AREA Gold Eagle Gold Mines, Limited * McKenzie Red Lake Gold Mines, Ltd. * Cochenour Willans Gold Mines, Limited RED LAKE * Howey Gold Mines, Limited Hasaga Gold Mines, Limited Madson Red Lake Gold Mines, Limited

Jan 1, 1942

By Karl J. C. Harries

"5.1. INTRODUCTIONThis chapter is intended as a general overview of the subject of royalties between private parties – royalties extracted by governments are not dealt with. This same subject is covered in detail in Volume II, which critiques many sample provisions taken from agreements, giving both pros and cons. If you find something that interests you in this chapter, check Volume II for extra information. Detailed cross-referencing to Volume II has not been attempted, however, most subjects mentioned in this Chapter will also appear in Volume II, usually in greater detail. Reference should be made to the Index.A Brief History of Royalties1In the early days of mining in Canada, the tendency was to sell a claim for cash and to move on, using the stake to look for and stake more prospects. As prospectors became more sophisticated and Canada’s North opened up, the market for properties and the number of mining properties available increased dramatically. Speculation and the practice of consolidating several small properties into one large holding entity became common. In “hot” areas, the speculators2 could far outnumber the prospectors, many of the former having little or no prospecting expertise but lots of market and promotional savvy. However, to consolidate a number of small parcels into one large project can be expensive, and many of the parcel owners became interested in keeping a share in the project, rather than giving up everything. Speculators who were trying to consolidate small parcels wanted to minimize cash payments to parcel holders (usually they did not have much cash and preferred it flowing in their direction rather than away from them). Accordingly, non-cash transactions were developed to meet the aspirations of both owners and speculators."

Jan 1, 2003