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? A BARGE WILL BE INSTALLED IN THE BOTTOM OF A COMPLETED PIT. ? THE PROVEN BAUER CUTTER TECHNOLOGY WILL BE INSTALLED ON THE BARGE AND A DEWATERING PLANT WILL BE INSTALLED NEAR THE BASE OF THE PIT RAMP. ? THE WATER LEVEL IN THE PIT WILL BE RAISED BY 20- 40 METRES AND REMAIN CONSTANT OVER DURATION OF MINING. ? THE CUTTER WILL BE LOWERED TO MINE 10 METRE DEEP BENCHES ON A CHECKERBOARD PATTERN TO AN ULTIMATE DEPTH OF 200 METRES. ? THE 5? MINUS CUTTINGS WILL BE PUMPED TO THE DEWATERING PLANT, DEWATERED, AND TRUCKED TO SURFACE.

May 1, 2003

By Sean McClenaghan

Significance Setting Size Production Value History of Discovery Zn and Pb at Austin Brook Brunswick Belt Exploration Discovery Hole Geology Structure Metal Zonation Directed Research Incremental Ores Precious metals Closure and Beyond Mining Remnants Tailings

May 1, 2013

By M. B. McClenaghan

"The Matheson area of northeastern Ontario is of great interest for mineral exploration because of its geological similarities with the adjacent Timmins, Kirkland Lake and Larder Lake gold camps. Exploration in the area, however, is hampered by the presence of an extensive and thick cover of glacial sediments. For this reason, till geochemistry has become an important exploration method. The Ontario Geological Survey&apos;s Black River-Matheson (BRiM) reconnaissance till sampling project, carried out between 1984 and 1988, was designed to aid exploration in the Matheson area by documenting the Quaternary stratigraphy and providing a database of till geochemistry. Till samples were collected by backhoe trenching of surface pits in areas of thin drift (< 5 m) and by sonic overburden drilling in areas of thicker drift. This paper summarizes the results from the shallow till sampling component of the BRiM project.Two hundred and eighty-two surface samples were collected from Matheson Till, the youngest till sheet in the area, which was deposited during the Late Wisconsinan. For each sample, the non-magnetic heavy mineral (> 3.3 S.G.) and fine (- 250 mesh) till fractions were analyzed geochemically. In addition, visible gold grains were recovered by panning the heavy mineral fraction. Five areas that display multi-element anomalies in both till fractions warrant further investigation: (1) western Egan Township, overlying the Bradley Lake Syenite; (2) around and south of the Munro and Croesus mines, in Munro and Guibord townships; (3) central Garrison Township overlying the Garrison Stock; (4) south of Ore Car Lake in northern Thackeray Township; and (5) southeastern Harker Township. In these areas, Matheson Till has a local provenance and the bedrock sources for these anomalies are nearby in the up-ice (north northwest) direction. Due to the fine-grained nature of gold in bedrock deposits in the BRiM area, the small size of most gold grains recovered from till samples (< 50 um) and the variable distribution of gold in the heavy mineral concentrate and fine fractions, the fine fraction in addition to the more commonly used heavy mineral concentrate should be used for gold exploration.Surface till samples have been affected by weathering to a depth of = 3 m. Weathered till is characterized by a very low carbonate content in the matrix fraction, the absence of sulfide grains in the heavy mineral concentrate and higher concentrations of copper, nickel and zinc in the fine fraction than in the heavy mineral concentrate. As a result of the weathered/ oxidized nature of the surface till samples, the fine fraction is a better sampling medium for base metal exploration."

Jan 1, 1992

By Pierre Laliberté

Introduction ??Mine ventilation is a major consumer of power in underground mining, including air heating (winter) and air conditioning (deep mines). ??Any advances, including the development of low emission vehicles, that can improve underground air quality can reduce ventilation demand, and likewise reduce costs and energy consumption, including their associated greenhouse gas emissions.

Nov 1, 2011

By M. E. Wilson

"The property of McWatters Gold Mines, Limited, is in the east-central part of Rouyn township and about 6 miles east-southeast of the town of Rouyn. It includes 35 claims, the group of 5, staked originally, and 30 claims acquired in later years. The Rouyn-Val d'Or road and the Noranda Senneterre branch of the Canadian National railway both pass within a few hundred feet of the mine.The group of claims in which the mine occurs was first staked in 1922, but gold was not discovered until August 1932 when a schistose zone including veins of quartz carrying considerable free gold was laid bare in a stripped area in the northeastern part of claim R.11604. Diamond drilling undertaken in 1932, and continued into 1933, shouwd that the gold extended for at least 1,000 feet along the strike. A 3-compartment shaft was sunk to 418 feet in 1933. A mill having a capacity of 50 tons a day was constructed in 1934, and enlarged to 150 tons in 1935. Production began in 1934 and continued without interruption to June 1944. Except for a few diamond drill holes, there have been no operations on the property since that time. The maximum depth of the mine workings is 1,50) feet. A total of 368,013 tons of ore having a value of $3,946,752 and an average grade of $11.04 was mined during the years of operation.GEOLOGYThe ore mined from the property occurred within the south limb of an eastward plunging syncline of volcanics and sediments cut off on the north by the Cadillac-Bouzan Lake fault. Because the rock formations within the syncline have been severed from those outside with which they were originally continuous, their correlation is based almost wholly on lithological similarity. They include an irregular middle zone of conglomerate and greywacke underlain by north and south bands of andesite agglomerate and andesite tuff, in which lenticular bands of pillowed andesite are included."

Jan 1, 1954

By Mel Owen, Bob Tipman

"A number of studies have identified the presence of heavy minerals in the Athabasca oil sands. A 1996 Mineral Development Agreement study into the recovery of Co-Products identified low operating costs, a simple flowsheet and access to market as key drivers in advancing interest in a viable project.Commercial bitumen extraction processes recover 50% of the titanium heavy minerals and 85% of the zircon into froth containing 1 % of the feed solids. Froth treatment tailings grade is 11.5% Ti02 and 3.6% Zr02.Processing this high grade feed in a combination of flotation, roasting, screening, gravity concentration and magnetic separation, results in concentrates of rutile, leucoxene, ilmenite, zircon and rare earths of marketable quality.A combination of high grade feed and a simple process lead to operating costs among the lowest in the industry. Low cost heavy minerals and low energy costs indicate an intriguing potential for low cost pigment production in Alberta. The production of heavy minerals from oil sands remains one of the largest untapped resources in the Province of Alberta1.0 IntroductionThis paper describes the results of an investigation into the recovery of heavy minerals from tailings produced by the major oil sands plants. The study was carried out under a Canada-Alberta Mineral Development Agreement (Alberta Chamber of Resources 1996). The MDA Co-Products Study examined the potential for the economic recovery of heavy minerals from oil sands tailings."

Jan 1, 1998

By J. T. Vehkala, S. S. Kerr, D. E. Robertson

"Since the late 1970s, extensive work has been carried out at Placer Dome Inc. &apos;s Dome Mine to develop new mining methods and equipment to improve the productivity of narrow vein mining (Mining Magazine, Oct. 1986, pp. 308-317; Mar. 1988, pp. 176-/79). This work has been focused on mining veintype deposits varying from 0.9 m to 1.5 m in width using open stoping and cut-and-fill mining methods.In 1989, the Dome Mine entered into a contract with Ram Raising Ltd., a joint venture company of Angus Martin and I.S. Redpath Ltd., to develop and mine a narrow vein test stope using an Alimak Raise Climber. Early results have been favourable, indicating that Alimak methods can be used successfully to mine narrow vein are.HistoryThe Dome Mine, which has been in continuous operation since 1910, is located in South Porcupine, part of the city of Timmins, Ontario. The mine is wholly-owned and operated by Placer Dome Inc. and is part of Placer Dome Inc.&apos;s international stable of of 19 mines."

Jan 1, 1990

By P. M. Tyroler, W. J. Thoburn, M. R. Alberty

"An initial test of this unique application demonstrated that hot gunned refractory would adhere satisfactorily. Subsequently, it was found that the proportion of material sticking during application increased with increased vessel temperature and when a mix containing pitch was used. About 75 per cent of the latter type adhered when it was applied at 1600°C.TBRC availability increased from an historical average of 62.5 per cent to 64.7 per cent during four campaigns when hot gunning was routinely practiced. Refractory cost was about 20 per cent less than that anticipated without gunning. Average parameters per campaign with gunning ranged as follows: 90 to 108 heats, 10 to 37 applications and 1.4 to 2. 7 hours per application. Prior to gunning, the average number of heats per campaign was 73.IntroductionThe Top Blown Rotary Converter process at Inco&apos;s Copper Cliff Nickel Refinery converts copper-nickel-sulphur concentrates to a material suitable for carbonyl refining (1),(2).Operating conditions are particularly hard on refractory. Batch cycles finish at temperatures up to 1650°C, with occasional excursions over 1700°C. New heats are then usually initiated immediately and the refractory is subjected to intense thermal shock from the cold feed. Temperature cycles are also introduced three to four times during a heat when the process is interrupted for scrap charging, temperature measurement or sampling.Abrasion wear results from rotation of the converters at speeds up to 15 RPM and from agitation of the bath with supersonic-velocity oxygen. Mechanical damage also occurs when chunks of scrap or solid matte are processed. Chemical corrosion is also present, as we know from our own laboratory work(2) and reports of operations elsewhere. As a consequence, refractory material and installation form a very large proportion of the converter plant costs. Equally important is the loss of converter availability during rebricking; this significantly reduces plant capacity."

Jan 1, 1981

By S. L. Gula

"Effective and timely communication during routine operations, and especially during emergency situations, is no easy task in any underground mine. At Cominco Fertilizers, Potash Operations, where 150people are employed underground to produce 3.1 million tonnes of potash per annum at a depth of 1100 m (3600ft), this is no exception. The over-all mine workings underlie an area of approximately 20 km 2 with average travel time to the active mining areas being approximately 30 to 40 minutes by light vehicle, and significantly longer than this for heavy equipment.In a mine of this size, the deployment and management of personnel and materials on a day-to-day basis, and during mine emergencies, is an important exercise. The Personal Emergency Device (PED) system has provided the Potash Division a means to achieve improvements in this area and reduce the communications bottleneck.The MineAt Cominco Fertilizers Potash Operations, approximately 30 km southwest of Saskatoon, the orebody is the same horizon being mined by other potash producers in the Saskatoon area and extends over 300 km in an east-west direction, and approximately 150 km in a north-south direction. Mining operations are carried out with approximately 150 employees operating on a continuous-shift basis, seven days a week.Mining is presently being done from Block 6 which takes the mine to its northernmost boundary and contains reserves of approximately 50 million tonnes. Production is from one level by five twin rotor continuous mining machines, each capable of cutting a face up to 5.5 m wide and 3.3 m high . All ore is transported to the shaft via approximately 20 km of conveyor where it is removed to surface by two 24 tonne skips.After the ore is conveyed to the mill for processing, the finished product is shipped by rail car or trucks to other parts of Canada, the United States or through Vancouver to other parts of the world."

Jan 1, 1993

By Victor Maksaev, Marcos Zentilli

"Abstract - The Domeyko Cordillera, the westernmost uplifted crustal block of the composite High Andes of northern Chile (20°S to 28°S) hosts a narrow N-S trending belt of Late Eocene-Oligocene giant porphyry copper deposits, which include Collahuasi, Chuquicamata, El Abra, La Escondida, and El Salvador. These deposits are spatially and genetically associated with the closing igneous activity along this range, prior to a 30 km eastward jump of the magmatic front in response to tectonic plate interaction. The porphyry copper deposits are also spatially associated with a major intraarc strike-slip shear system, the Domeyko Fault System. Although the tectonic uplift of the 3000 m to 5000 m high range has generally been assumed to be mostly Miocene in age, field relationships suggest that the Domeyko Fault System and tectonic uplift were active as early as the Eocene, coinciding with porphyry copper emplacement between 41 Ma and 30 Ma. Apatite fission track (FT) thermochronology provides both age data and a time-temperature history for rocks since they cooled below a temperature of ca. 125°C (equivalent to a depth of 4 km to 5 km under normal geothermal gradients) on their way to the surface during exhumation, or after a heating event. Apatite FT data from the Paleozoic crystalline basement of the Domeyko Cordillera indicate that at least 4 km to 5 km of rocks were eroded during exhumation of this tectonic block between ca. 50 Ma to 30 Ma (Middle Eocene to Early Oligocene), a time that immediately precedes and overlaps with the emplacement of giant porphyry copper deposits. The FT data constrain the age and duration of a period of crustal thickening and extensive erosion known as the Incaic compression, an event recognized in the Andes of Chile and Peru. Assuming that cooling was due to denudation alone, modelling of the FT data allow estimation of denudation rates between 200 and 100 m/My during this period. In contrast, exposures of pre-porphyry Paleocene intrusives on the western edge of the Domeyko Cordillera reveal apatite FT ages that are concordant with biotite 40Ar-39Ar dates, indicating shallow emplacement, fast cooling and negligible exhumation. The apatite FT ages of the Chuquicamata and El Abra porphyry copper deposits are only marginally younger than their 40Ar-39Ar dates, implying fast cooling/exhumation of shallow mineralizing systems (ca. 2 km to 3 km). Their FT time-temperature history is compatible with extremely low rates of exhumation (ca. 50 m/My) since about 30 Ma (Early Oligocene). This limited extent of erosion, due to exceptional aridity, has greatly contributed to the preservation of rich supergene enriched blankets above some of the porphyry copper deposits.A model is proposed, which is consistent with field relationships, geochemical, and geochronological data. High relative velocities and intermediate-angle oblique convergence between the Nazca and South American plates in the Eocene-Early Oligocene led to intra-arc transpression partitioned into reverse faults of opposing vergence and a right-lateral shear system (the Domeyko Shear System) localized along the magmatic front. Crustal shortening and thickening led to uplift within the Domeyko Fault System and to erosion of at least 4 km to 5 km. Crustal thickening deepened the zone of magma generation, and magmas accumulated in the lower crust, allowing small volumes to rise rapidly to shallow levels along transtensional domains of the regional shear system. A similar model of crustal thickening and shortening before and during porphyry copper emplacement in zones of transtension may also apply to the Miocene-Pliocene giant porphyry copper province of central Chile."

Jan 1, 1999

By Qiling Zhang, Zengqian Hou, Xiaoming Qu

Abstract - The Okinawa trough is an active back-arc-spreading center in which submarine hydrothermal exhalation (black chimneys) and sulfide mineralization are forming. Fluid inclusion composition in minerals of the hydrothermal feeder zones in the JADE field shows that the hydrothermal systems are extremely gas-rich. There are two independent and co-existing fluids, CO2-hydrocarbon and saline fluids. Microthermometry and Laser Raman Microprobe (LRM) analyses on individual fluid inclusions of the CO2-hydrocarbon type, dominated by CO2 and containing minor CH4, C2H4, C2H6, N2 and H2S, are almost equivalent to the fluid inclusion composition of a natural gas field. The saline fluid is mainly composed of H2O and contains minor Na+ and K+. It is close to a H2O-NaCl, or H2O-NaCl-KCl system, with salinities from 3.7% to 7.5% NaCl eq. Before venting on the seafloor, the fluids experienced immiscible separation. One of the end-member fluids is downward circulating seawater that interacted with sub-seafloor rocks. The other was gas (volatile)-rich fluid derived from a shallow magma chamber. The immiscibility separation of fluids resulted from the decrease of temperature and pressure of the hydrothermal system and continuous input of magmatic volatiles. The saline fluids in this system are discharging to form sulfide chimneys and black smoke. Meanwhile, CO2-rich fluid discharges as CO2 bubbles through hydrate pipes. A large amount of CO2-CH4-H2S gas or fluid in the upper part of the hydrothermal system, and reaction of this gas or fluid with saline fluids, finally enables the accumulation of metal sulfides.

Jan 1, 1999

By I. B. Schalamuk, R. E. de Barrio, M. J. Pons, M. B. Franchini, L. Meinert

"Several Fe, Fe-Cu, and Cu-Ag prospects hosted by Mesozoic carbonate-rich sedimentary rocks that were intruded by diorite stocks define an approximately 20 × 200 km belt along the Andes Cordillera of southwest Mendoza province, Argentina (34°-36°S). This belt includes the Hierro Indio and Vegas Peladas Fe skarns, Las Choicas, and several other Cu-(Ag) prospects.The main features of the Fe skarns include: association with mantle-derived middle Miocene (~15-11 Ma) diorite stocks and sills; widespread alteration including epidote ± amphibole ± magnetite endoskarns, and zoned garnet (Grs0-66 Adr32.5-100) ± magnetite ± pyroxene (Di24-50 Jo2-9 Hd74-41) exoskarns formed from oxidized, saline, high-temperature brines (530º-660ºC; 60-70 wt.% NaCl equiv.); and magnetite-hematite orebodies associated with quartz ± epidote ± calcite ± actinolite formed at lower temperatures (290º-436ºC) from saline fluids (32-50 wt.% NaCl equiv.) of magmatic origin.West of the Fe skarn belt, the Valle Hermoso district covers more than 300 km2 and hosts several poorly known Cu-(Ag) prospects (estimated 30 Mt with 1.5% Cu and 20 g/t Ag). These prospects share many characteristics with the iron oxide copper-gold-type systems and manto-type Cu deposits of northern and central Chile. One of the prospects (Las Choicas) is located at the apex of a regional 015°-trending anticline, along the contact of stratified calcareous sandstone and limestone (Neocallovian-Oxfordian) with a diorite pluton. This pluton has positive Ta and Nb anomalies (on normalized diagrams) and a high Ti content, features uncommon in Miocene diorites associated with Fe skarns and of magmas derived from sub-arc mantle sources. Alteration at Las Choicas includes early widespread chlorite + calcite ± albite ± scapolite ± ilmenite or titanite ± apatite, and local actinolite ± hematite ± biotite alteration of diorite and sedimentary rocks along contacts. Later Cu mineralization (1%-10% Cu) is associated with calcite ± albite ± quartz alteration in fractures, vein networks, and crackle breccias. Mineralization is zoned from bornite ± chalcopyrite ± millerite with Zn, As, Mo, Ag, and U anomalies in the main orebody, through chalcopyrite-rich breccias with Zn anomalies, and chalcopyrite ± tetrahedrite vein networks with Sb, As, Ag, and Zn anomalies in the uppermost zone, to a Cu-depleted pyrite-rich envelope with Co anomalies, and finally to late, barren calcite veins in distal zones."

Jan 1, 2007

By Simon B. Blancher, Malo Rousseau, Renato Contessotto, Thomas Wallmach

The Manganese division of the ERAMET group extracts manganese ore in Gabon and produces manganese alloys for the steel industry. ERAMET has an economic interest to maximize the ore throughput without reducing the lifetime of its manganese mines. This can be achieved by means of research and development leading to innovative ore beneficiation processes. For this purpose, the ERAMET research center has designed and constructed a new pilot plant for ore beneficiation by physical separation processes. This pilot facility was erected within an infrastructural and synergetic framework, including competencies in hydrometallurgy, pyrometallurgy, numerical modelling, analyses and mineral characterization that provide ideal research conditions. After laboratory scale tests, a pilot operation of beneficiation of low grade Mn ore (around 35% Mn) was carried out by jigging of the 1-10 mm fraction. This gravity separation process exploits density differences between the various Mn-bearing minerals such as pyrolusite and lithiophorite as well as gangue minerals such as silicates and iron-hydroxides. Enrichment leads to the production of a marketable product associated with a high mass recovery (53% for the jigging step). However, 20% of pyrolusite and 30% of lithiophorite are lost in the waste. Mineral characterization has shown microtextural complexities, but grinding the ore to approach the liberation mesh was not an option due to commercially defined constraints given by the ferro-alloy industry. Recovery of the Mn-bearing minerals or adjustments of the feed grain size (6.3-10 mm) are two potential areas of process improvements identified by means of Qemscan® mineral characterization. This paper details the process tested on a pilot scale (0.5 t/h), which has led to a significant increase in the beneficiation of a low grade Mn ore.

Jan 1, 2016

By Steve Scott

Green Economy Toyota Prius Hybrid contains about 50 kg of copper. All-electric cars have about 100 kg of copper. From where will all the copper come? Wind turbines have 1 metric ton of copper China is building 221 cities of 1 million people by 2025 (13 cities per year from 2008) = 10 New Yorks. The Greater Toronto Area has 5.6 million people, so a new GTA every 22 weeks!

May 1, 2013

By P. Karimi, A. Amini, H. Abdollahi, A. Mirzaeian

Due to detrimental effects of cyanidation process on the environment in gold industry, application of cyanide alternatives such as thiourea are being highly considered in recent projects. In this study, the extraction of gold from poly metal ore, using thiourea was precisely investigated. The representative sample contained 2.5 ppm Au and 160 ppm Ag. The sample was categorized as oxide gold ore, because the main part of its pyrite was changed to iron oxide and hydroxide such as goethite and lepidocrosite. According to mineralogy, the main gangue mineral was quartz. It shows that gold grains are free and interlocked with quartz matrix. Also, the presence of a high amount of silver in free and sulfide forms and also the low content of other sulfide minerals such as base metal sulfides is a remarkable point of these studies. In the gold extraction process with thiourea, there are several parameters that affect the rate of gold dissolution such as concentrations of thiourea as a gold lixiviant and ferric sulfate as an oxidant, pH and size fraction of feed and leaching time. The influence of these parameters on the gold dissolution rate were investigated and optimized. The results showed that the concentration of thiourea is the most influential parameter which could increase the gold recovery to 71% (at 10 g/kg sample). The optimal amount of ferric sulfate was determined as 6 g/kg sample. Also, the optimal levels of size fraction of feed and pH of solution were 88% under 75 micron and 2 as acidity; respectively. Leaching time was 6 hrs. In addition, this sample was leached with cyanide and the optimized values of size fraction of d88=75 microns, pH=10.45, 2500 ppm of sodium cyanide with time leaching of 24 hours were concluded for maximum recovery of gold in solution. Finally, the results of cyanidation tests were compared to the thiourea dissolution after optimizing all affected parameters in cyanidation process.

Jan 1, 2016

By Tom Setterfield

Conclusions ?Canada is a prospective place to explore for IOCG deposits ?Time distribution of IOCG mineralization in Canada mimics that in the rest of the world ?Canada may have been the first country to start mining IOCG deposits ?Production from newly discovered IOCG deposits in Canada may start soon

May 1, 2006

By William D. Gallant, Thomas M. Barczak, Carol Tasillo

"This paper describes the results of full-scale testing of several multi-layered wood crib configurations that were tested in the Bureau of Mines mine roof simulator in cooperation with the Cape Breton Coal Research Laboratory and Cape Breton Development Corporation of Sydney, Nova Scotia. Nine different crib configurations currently being used as wood packwall supports for advancing longwall applications in Canada were evaluated. Configuration parameters understudy included the aspect ratio (height-to-width relationship) and percentage of solid material used in the crib construction. Test results and generalized wood crib behaviour are discussed in detail. Recommendations are made concerning crib constructions to maximize strength and stability. A cost benefit analysis of multi-layered wood crib configurations is made. A comparison of laboratory results and underground observations of several wood packwall supports in the Sydney coalfield suggest in situ load capacity is less than that measured in laboratory testing. Reasons for the apparent decrease of in situ load bearing capability are described.IntroductionA cooperative effort was undertaken by the U.S. Bureau of Mines with the Cape Breton Development Corporation (CBDC) and the Cape Breton Coal Research Laboratory (CBCRL) to evaluate the behaviour of gateside packing materials used in advancing longwall mining applications in the Sydney coalfield. As part of this effort, full-scale tests were conducted on wood packwall supports in the Bureau&apos;s 3-million pound (13.3 MN) active load frame.Nine different pack configurations were evaluated as part of this study. The wood packwall supports were multi-layered crib constructions from 6 in. (0.15 m) by 6 in. (0.15 m) cross section timbers using timber s 30 in. (0.75 m) and 60 in. (1.5 m) in length . The percentage of solid material in the crib constructions varied as illustrated in Figures 1 and 2. A summary of crib constructions is provided in Table 1."

Jan 1, 1991

By Steve Piercey

Introduction ? VMS Deposits: The Target ? Key points for every belt: heat flow and extension. ? Good felsic rocks ? Good mafic rocks. ? Petrochemical assemblages. ? Summary Key Points Throughout ? Common themes: ? Heat ? driver of the hydrothermal system ? Extensional geodynamic setting ? conduits to focus fluid flux ? (e.g., Lesher et al., 1986; Swinden et al., 1991; Barrie et al., 1993; Lentz, 1998; Syme et al., 1999; Piercey et al., 2001, etc.) ? We must identify rocks, belts and tectonic environments that encompass these two criteria (among others but?) ? e.g., forearc rifts, intracontinental rifts, arc rifts, and back-arc basins.

Apr 1, 2005

"In the first half of 1990, Cambior earned $1104 million, or $0.37 per share, on revenues of$66.4 million. The company&apos;s strong cash position, attained late in 1989 and in the beginning of1990 through the exercise of warrants, put working capital at $83.8 million as of June 30, 1990. Long-term debt was reduced by over $10 million during the weak gold market, leaving the company with a debt to equity ratio of only 0.03. Production for the six first months of 1990 was 107 720 oz. Au, an increaseof24% over the corresponding period in 1989.Financial Profile/Results and Corporate Financial StrategiesTotal revenue for the 1989 fiscal year was $116,883,000 compared to $109,848,000 for 1988. The 1989 results achieved despite a lower average gold price, resulted from a higher level of commercial gold production and a 115% increase in investment income over 1988. Investment income rose to $3,568,000 in 1989 due to higher levels of cash assets.Cambior&apos;s mine operating costs increased 19% to $68,561,000 in 1989 from $57,472,000 in 1988. This increase resulted from rising operating costs at the Doyon Mine ($250/oz to $274/oz) due to the shift from open pit to underground operations, as well as from the start -up of three new mines with relatively higher costs. These costs have reached a stable level that should be maintained for the next few years.In 1989, net exploration expenses were $6,838,000, down 31070 from 1988, partially due to the Canadian tax reforms introduced since 1987. Depreciation and depletion grew by $1,432,000 in 1989, reflecting a higher volume of commercial production from the Pierre Beauchemin, Lucien C. Beliveau and Chimo mines.Net earnings for 1989 amounted to $17,661,000 or $0.73 per share compared to $17,438,000 or $0.74 per share in 1988.Cambior has an exceptionally liquid and strong balance sheet. As at December 31, 1989, net working capital stood at $85.6 million, with a total assets base of $338.6 million. With a long-term debt (including gold loans) of $21.5 million and shareholders&apos; equity of $277.2 million, Cambior has a debt to equity ratio of 8%. All but about $100,000 of long-term debt is in the form of gold loans.The total market value for Cambior&apos;s stock as at September 10, 1990, stands at $420million, based on recent stock market prices. Cambior&apos;s stock and warrants are traded on the Montreal and Toronto Stock Exchange."

Jan 1, 1990

By A. M. Girodo

"Dorbyl Heavy Engineering has been manufacturing winders since 1949 mostly for the South African mining industry.Table 1 shows that the vast majority of winders have been double drum winders. At the greater depths with larger ropes being employed, it became apparent that multi-rope winders would be needed. The high stress variation in Koepe winder ropes at great depths especially beyond 2000 m, ruled out this possibility. Thus the original concept was borne for the Blair multi-rope winder where the stress level variations in the rope would be as per the well known, tried and tested double drum winder. The Blair multi-rope was also devised to increase payload by using multiple ropes.With the increasing costs of transporting men and material coupled with fact that orebodies are getting deeper, various feasibility studies have been carried out by South African mining houses. For this reason Dorbyl Heavy Engineering has done conceptual design work of both double drum and Blair multi-rope winders with diameters up to 8.5 m dia (still well within our manufacturing capabilities). These feasibility studies have looked at depths approaching 4000 m*.This paper covers the typical duties leading to the choice of single drum, double drum, Koepe and Blair multi-rope hoists on South African gold mines. A brief synopsis of Dorbyl hoists in use in the South African mining industry, with some indications of future trends, will be discussed.With current installed depths of wind approaching 2500 m, the Blair multi-rope hoist has been used extensively for the heavier payloads.Some of the main considerations pertinent to the design of the Blair multi-rope hoist are illustrated together with the implications of using this type of hoist to winding depths of3000 m to 4000 m in the foreseeable future."

Jan 1, 1995