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By Daan Maijer, Wade Marquardt, Robert MacKay, Steven Cockcroft, Farzaneh Farhang Mehr

"To comply with the new Corporate Average Fuel Economy (CAFE) standards, the automotive industry is aiming to reduce weight and increase the power and efficiency of small displacement engines through the application of forced induction technologies. As an example, there are now several 2.0 litre turbocharged engines in production, producing in excess of 240 hp. To meet the need for improved fatigue properties in the engine blocks used in these high-output engines, a new water-cooled chill technology is under exploration at UBC in partnership with General Motors and Nemak. A series of experimental techniques were used to assess the capability of the new chill to extract heat from an A319 casting in the vicinity of the main bearing bulk head. The results show that this method has the potential to achieve a reduction in secondary dendrite arm spacing thus meeting the new microstructural specifications for these engines.INTRODUCTION The automotive industry is working to meet the stricter efficiency requirements laid out within the CAFE (Corporate Average Fuel Economy) regulations (Bastani, 2012; Cole, 1995; Mackay, 2011; Miller, 2000), while at the same time not sacrificing performance. One approach is to increase the use of lightweight materials, which leads to a decrease in the overall vehicle weight and fuel consumption (Cole, 1995; Mackay, 2011; Miller, 2000). Other approaches include smaller displacement engines and gas-electric hybrid drivetrains. However, one trend that is becoming clear, is a greater emphasis on force induction gasoline engines. This allows for weight reduction to be achieved with smaller displacement engines without sacrificing performance. One consequence of this approach is that the engine block materials are subject to higher in-service thermal and mechanical cyclic loads (Cole, 1995; Miller, 2011; Heysler, 2001) The fatigue properties of an alloy are strongly affected by a number of the, as-cast, microstructure features including, Secondary Dendrite Arm Spacing (SDAS), porosity and eutectic lamella spacing (including intermetallic ß-Al5FeSi platelets) (Mackay, 2010a; Mackay, 2010b; Viet-Duc, 2015; Casellas, 2005). It is generally accepted they can act as fatigue initiation sites and that a reduction in their size will result in an improvement in fatigue performance. For a given alloy chemistry, one of the key parameters affecting the length scale of all three is cooling rate (Mackay, 2000)."

Jan 1, 2017

By G. N. Nnadi, R. J. Mitchell

"The response of cemented backfills subjected to simulated blast loadings is studied using centrifugal modelling techniques. Scaling requirements for centrifugal modelling are developed and the results of the similitude analysis show that an acceleration field is required to capture the true dynamic response of backfill models. Experiments have been conducted at various centrifugal accelerations. The effects of ring blasting were simulated by an impact loading on the exposed fill face. The behaviour of the cemented backfill was monitored with accelerometers as well as dynamic stress gauges.Cemented backfill response to impact loadings was found to depend strongly on simulated gravitational stress level. Results also show that the characteristics of the response changes with distance from the impact. Finally, the results of the models were used to predict prototype peak accelerations, velocities and displacements. The results reported in this study indicate that centrifuge modelling may be a useful tool for dynamic studies of blast damage to backfills. Centrifuge modelling can be carried out at low costs and can be used to design prototype instrumentation systems. IntroductionThe response of cemented mine backfills to blast loadings is of concern to the mining industry because these backfills provide local and regional support during ore pillar extraction. Considerable research has been reported on the static stability (Smith et al., 1983) and on effects of reinforcements on cemented backfills (Mitchell, 1989). However, information regarding dynamic aspects of cemented backfill is limited. O'Hearn and Swan (1989) reported on the response of cemented backfill to blast loading, but these blasts were not very dose to the backfill . A schematic representation of a rock-backfill system is shown in Figure I.The mechanics of transfer of explosive energy to rock and subsequently to the backfill, and the resulting responses, are complex. Achison (1968) listed more than twenty factor s affecting the blast fragmentation of rock and grouped these into the categories of explosive parameters, charge parameters and rock parameters. Although significant advances have been made, during the past two decades, in understanding the mechanics of blasting, the degree of uncertainty associated with predicting the behaviour of backfills subjected to dynamic loadings makes the application of simple design safety factors insufficient. Comprehensive testing programs or prototype instrumentation is required to evaluate the risks associated with blast or earthquake loadings on backfill."

Jan 1, 1991

By A. Galibois, R. Singhal

"This paper highlights some of the potential application areas of knowledge-based systems in the mining industry. The basic theoretical principles associated with knowledge-based systems are discussed and the justification for mining applications is given. The paper concludes with a brief description of a prototype knowledge-based system applied to scraper selection that was developed at Université Laval on a LISP machine. IntroductionThe beginning of Artificial Intelligence coincided with the conception and development of the first computer systems some thirty years ago. At that time researchers were euphoric about the possibility of modelling the human reasoning process. Soon, however, they discovered that the combinatorial aspect of the set of possible solutions to a particular problem did not permit an in-depth evaluation.In the mid-60s researchers started to look at the heuristic approach because it was more suited to human behaviour with its congnitive abilities (i.e. representing, reasoning, problem solving and advising). The heuristic approach allows possible results rather than exact solutions and it is more rapid and cost effective than the exhaustive combinatorial analysis. The heuristic approach did allow some noticeable progress in the seventies with the development of the first expert system called MYCIN with the objective of diagnosing blood infection diseases."

Jan 1, 1988

By Hammenm R., J. Hammen, C. Hammen

"The production of salable Rare Earth Element (REE) products necessitates a sequence of chemical separation steps between the mine and market commodities. The effectiveness of the chemical separations that purify REE salts is critical to the success of the producer, as the purity of REE salt products affects their market price. This is due to the fact that impurities in REE salts, even at low levels, can be deleterious to the function and usability of the end product. The purification of REE by removal of low levels of contaminant has been referred to as "product polishing". The technologies commonly in use for product polishing, solvent extraction (SX) and ion exchange (IEX) are challenged by the availability of separation chemistries to separate the contaminant from the desired REE salt. In simple terms, if a product specification is 99.9% purity, the SX or IEX separation reagents need to have at least a 999:1 selectivity ratio. Significant testing has been carried out on the use of solid phase extraction (SPE) columns to extract low-level impurities such as aluminum or zinc from REE product streams. The SPE columns are nano-composite materials that have rapid equilibration kinetics with the solutes being processed by the columns. The SPE matrices have been modified with chelating ion exchange ligands that bind the contaminating ion with great selectivity in residence times of a few seconds. Thus, REE streams with 1 to 2% of contaminating aluminum ions, have been polished to >99.99% purity. In this paper, results are presented on the removal of aluminum impurity from a didymium (neodymium+praseodymium) product stream using SPE technology. The selection of the SPE medium and the process steps to treat the feed solution for aluminum removal and ultimate stripping and recycle of the solid phase extractant are discussed."

Jan 1, 2014

By P. Keller, T. E. Lister, G. G. Clark, L. A. Diaz

As electronic technology continues to evolve there is a growing need to develop processes which recover valuable material from antiquated technology. This need follows from the environmental challenges associated with the recovery of raw materials and fast growing generation of electronic waste. Although present in small quantities in electronic devices, the availability of raw materials such as rare earths and precious metals becomes critical for the production of high tech electronic devices and the development of green technologies (i.e. wind turbines, electric motors, and solar panels). Therefore, the proper recycling and processing of electronic waste presents an opportunity to stabilize the market of critical materials, providing a proper disposal and treatment of a hazardous waste stream. This paper describes the development and techno-economic assessment of a comprehensive process for the recovery of value and critical materials from electronic waste. This hydrometallurgical scheme aims to selectively recover several value streams (base metals, precious metals, and rare earths) present in electronic waste. The economic feasibility for the recovery of rare earths from electronic waste is mostly driven by the efficient recovery of precious metals, such as Au and Pd (ca. 80 % of the total recoverable value). Rare earth elements contained in magnets (speakers, vibrators, and hard disk storage) can be recovered as a mixture of rare earth oxides which can later be reduced to the production of new magnets.

Jan 1, 2016

By V. Schenk

Dust exposure resulting from the exploitation and winning of natural resources below ground has presented a serious health problem since the beginning of mining. The boom phase of the German hard coal mining industry after World War II with at times up to 500,000 employees saw an increase of dust exposure of miners below ground as the mechanization of road heading and mining increased significantly. More and more miners were diagnosed with coal-workers-pneumoconiosis (CWP), a chronic and irreversible lung disease resulting in a significant impairment of pulmonary function. This realization led to a reduction of CWP in the German hard coal mining industry in the 1960s. The successful fight against CWP began with the introduction of technical dust prevention measures. By infusing the coal seam with water before mining, sprinkling and spraying of heading and mining machines as well as canopies with water, aspiration in places with high amounts of dust and the suppression of dust with chemical substances it is possible to significantly reduce the miners? dust exposure. All operating points below ground are checked and measured regularly with regard to dust exposure. Through the combination of these values together with the individual shift data a relatively precise profile of individual dust exposure can be obtained. This profile allows the targeted work assignment when certain predetermined limits have been reached, moving the miner to a work place with less dust exposure and thus reducing the chronic dust exposure. The state of health of the individual is known because since about 60 years ago extensive occupational health checks have been carried out regularly at least every two years which means that work restrictions can be imposed depending on the findings. Since the beginning of the 1980s more value has been attached to not only situational but also behavioral prevention. Given the comprehensive provision of protective masks, having a protective effect as well as the required comfort when being worn, each miner has the opportunity to protect his respiratory organs depending on the specific dust exposure. Through a combination of all these measures the German hard coal mining industry has succeeded in beating the classic coal miner?s disease CWP. For mines in the Ruhr valley this means that a miner who started work after 1978 will no longer develop CWP.

Aug 1, 2013

By A. McIntyre, L. R. Plitt

Both the Bond and the Hardgrove grindability tests are widely used in the mineral industry to measure the ease of the comminution displayed by a material. The Hardgrove test is mainly used for coals, whereas the Bond grindabifity test is mainly applied to hardrock minerals. The Bond grindability has the advantage that it can be empirically related to the energy required for comminution (work index), whereas the Hardgrove grindabifity test has the advantage of being easier to perform. In an effort to establish a valid correlation between work index and Hardgrove grindability, a series of parallel grindability tests were carried out on a wide variety of rocks and minerals. The standard Hardgrove test was modified to allow for materials with a higher density than coal. A new, satisfactory relationship was established which permits rapid estimation of work index from Hardgrove test data.

Jan 1, 1980

By J. C. Thornley, H. L. J. Drummond

"Fifty years of wear on the original carbon steel shaft of this hydro turbine necessitated repair operations in 1980. Both austenitic and martensitic stainless steels have been used individually as journal materials in separate trials on an80-inch long and 22-inch diameter radial bearing but neither one nor the other has been successful.The wear and cracking problems of the stainless steels leading to the present abandonment of both classes of stainless steel are described. In particular the dependence of the toughness of type 410 stainless steel on its tempering temperature and the susceptibility of that steel to quench cracking are highlighted because problems have been caused by both of these metallurgical factors.IntroductionAs part of a desire to improve the efficiency of a fifty-year old hydro-electric generating station on the Saint John River, the decision was made to change the journal and bearing material for the shaft bearings, which are stave-type bearings. For the initial fifty years of operation the bearings had been wooden (lignum vitae) and had run on the carbon steel shaft directly. For one of the four unit s at this station the performance of this combination has been truly excellent, and the remaining three sets of bearings had performed well. However there had been shaft wear on the units and the wear had made the shafts somewhat elliptical when a decision was made to install some sort of new journal on to three of the old shafts. [In addition to the wear on the carbon steel journals it was found that one shaft was significantly softer in the bearing area than it was immediately above the bearings (180 Vickers in comparison with 230 to 250 Vickers)] ."

Jan 1, 1985

By D. V. Krefting, D. R. Bennett

"The Cyprus Anvil Mining Corporation established a lead-zinc mine and concentrating plant at Faro in Yukon Territory in 1969. Following some 12 years of continuous operation from a single pit adjacent to the concentrator, the company decided to expand operations into two additional areas on the Vangorda Plateau. The two new deposits, known as Grum and Vangorda, are located some 15 kilometres from the existing concentrator.Confirmation of mining feasibility was followed by determination of the most practical and economical method of transporting the raw ore from the new mine sites to the existing concentrator. This analysis was carried out in two phases. The first phase reviewed the feasibility of alternative transportation systems on an 'order-of-magnitude' cost basis. This work identified systems worthy of more detailed examination. The second phase examined the preferred alternatives in greater detail.Initially, operating principles and parameters were established and catalogued. Then, based on these criteria, complete systems were developed utilizing alternative modes of transportation . In the overview analysis, some transportation modes were judged impractical and discarded, 'order-o f-magnitude' costs were developed for other systems and the most costly were eliminated . In the detailed study, the favourable systems were examined in depth which required development of accurate capital and operating costs, consideration of environ- mental impacts and an assessment of intangibles associated with the operation of a new development."

Jan 1, 1984

By Farzad Khodabakhshi, Adrian P. Gerlich

"In this article, cold spraying process was utilized to coat the surface of AZ31 magnesium alloy with a layer of AA7075 aluminum alloy. Thereafter, friction-stir processing (FSP) was employed to enhance the microstructure and consolidate the deposited layer. The grain structure and phase morphology were studied along with indentation hardness before and after cold spraying and friction stir processing. The magnesium substrate had an initial hardness of 74 HV which increased to 102 HV after FSP due to refinement of grains to <2 µm. The aluminum coating layer, provided improved surface hardness up to 160 HV, which further increased to 173 HV after FSP was applied.INTRODUCTION Cold spray is a material deposition process which can be used for surface modification, since it deposits material on a metallic substrate with little heating by way of high velocity ballistic impacts. Using cold spray technology, it is possible to deposit a wide range of coatings with various thicknesses by controlling the characteristics of the feeding powder and metal substrate, gas temperature, gas pressure, powder feeding rate, nozzle geometry, and gun traverse velocity. This process has been recently employed for surface modification in various aircraft and automobile structural applications. This has led to a broad range of research using this process for production and modification of different metallic and non-metallic systems. In the present study, cold spray process was used to deposit a uniform layer of aluminum-zinc alloy (AA7075) on the surface of AZ31 magnesium alloy. This coating was subsequently treated by way of friction-stir processing (FSP) as a new post-spraying modification technique to enhance the structural homogeneity and densification of the coated aluminum layer. This method utilizes a non-consumable rotating tool with a specially designed shoulder and pin that is plunged into the surface of metal to be modified and then moved along the direction of interest. The localized frictional heating between the rotating tool and workpiece leads to softening of the materials around the pin, and material extrusion through a complex flow of material from the advancing toward the retreating side the tool. To the author’s best knowledge, only a few reports discuss the modification of a cold sprayed deposit by FSP process. The microstructure and mechanical properties of the cold sprayed layer and substrate before and after FSP modification were examined using optical observations (OM) and indentation hardness testing. Furthermore, the AZ31 alloy substrate alone was treated with FSP as well, for the aim of comparison to the processed coating."

Jan 1, 2017

By M. Cousineau, S. Gariepy

"Current business and corporate environments push for improving metal accounting practices in smelters. The ensuing projects commonly proceed along a bottom-up approach. As such, efforts are first put on reviewing the measurement system and then on remedying the identified weaknesses. The focus is thus moved to mass/metal balance only after the measurements upgrade process has been completed. However, practice has shown that assessing the high variances related to suboptimal measurement processes is complicated without the help of statistical data reconciliation. This bottom-up approach leads to a to-do list that can not only exceed available resources but also lack prioritization in view of achieving the targeted end use. This paper describes an upgrade project done differently where all the three dimensions of the metal accounting system: hardware, software, and people were instead involved at the onset. Personnel was thus trained on data reconciliation software at the beginning of the project to make the reconciled mass balance benefits available earlier in the upgrading project. This has pinpointed the most critical measurements where accuracy and reproducibility should be improved. Overall, not only the instrumentation retrofitting process has been streamlined, but the global risk for the whole upgrading project has been significantly lowered.INTRODUCTION Mining companies are pressured to improve their production accounting practices in response to the strengthening of corporate requirements for timely and accurate production reporting (Gaylard, Randolph, & Wortley, 2014). Smelters are not spared from these changes. However, their unique situation in the mining value chain set them as strategic targets for upgrading projects. They usually have a longer lifespan than concentrators thereby offering an extended lifecycle to justify investments. Furthermore, numerous smelters have toll agreements with third parties. Accurate cost and production accounting is, therefore, a vital piece of information to fix acceptable contract conditions. Mining companies are ultimately aiming at a clearer view of the operating performance of each business unit to improve their business decisions in a competitive environment. This sought for increase in visibility through plant performance can only be achieved through an upgrade of the metal accounting system. Figure 1 shows the different components of a state of the art system (Gaylard, Morrison, Randolph, Wortley, & Beck, 2009)."

Jan 1, 2017

By David A. Grieve, David E. Pearson

"A rank-map of Crowsnest coalfield, showing the distribution of the bituminous coal measures and the locations of major structures, has been produced from vitrinite reflectance measurements on over600coal samples. The timing of coalification in relation to these major structures has also been determined.In the west-central portion of the coalfield a complete stratigraphic succession of coal measures which rides on major thrust surf aces is all of high-volatile bituminous rank, but despite the structural discordance no break in rank is discernible across these structures. The thrust faults therefore predate much of the coalification.Three major valleys expose cross sections of the folded coal measures and in each an increase invitrinite reflectance is demonstrable as individual seams are traced from ridge crest to valley floor. Thus, in these sections, a significant amount of coalification post-dates folding. The proportion of this post-folding coalification is found to increase toward the south of the coalfield.A late gravity-fault, exposed along the east crop of the coalfield, places high-volatile coal-bearing successions in contact with low-volatile coal and demonstrably is a reactivated thrust fault. Coalification at this locality occurred between these two different ages of faulting.The variations in rank and the subtleties of the coalification pattern have, together with systematic changes in the maceral composition of coal seams, had a profound effect on coal quality in the coalfield. Coking coals with a variety of properties occur together with some coals that have no caking capacity."

Jan 1, 1985

By X. Zhou

"Hydrogen induced failure and degradation in structural metals, namely hydrogen embrittlement, has been a long-standing industrial problem for more than one century and remains unsolved. Despite the proposal of numerous models, no consensus has been reached, and considerable discrepancies in experimental observations and theoretical calculations exist. One aspect that is central to the understanding of hydrogen embrittlement is the interaction between hydrogen and grain boundaries. In this study, we investigated the influence of several solute elements (i.e., Cr, Mo and Nb) on hydrogen segregation at the representative 9 grain boundary using first-principles calculations. Our results showed that the presence of Mo and Nb can reduce the tendency of hydrogen segregation at grain boundaries, while meanwhile enhance the grain boundary strength. This indicates that Mo and Nb are salutary elements that can be used to increase the material’s resistance to hydrogen embrittlement, providing new insights in designing hydrogen embrittlement resistant Ni alloys. INTRODUCTION Hydrogen embrittlement (HE), a phenomenon of hydrogen triggering premature failures in structural metals, has been a headache for industries ever since its first discovery one century ago (Johnson, 1874; Zhou, Marchand, McDowell, Zhu, & Song, 2016; Zhou, Ouyang, Curtin, & Song, 2016). It is well accepted that the segregation of hydrogen at microstructures such as grain boundaries (GBs) plays a key role in determining the occurrence and severity of HE. GBs are two-dimensional defects where significant local lattice distortion exist, which leads to large free volume and thus locations for hydrogen trapping and segregation. Numerous works have clarified GBs as the energetically preferable places for hydrogen segregation. For instance, Geng et al. demonstrated the preferential segregation of hydrogen at the S5(120) GB in several metals, and suggested a decohesion-type of HE in light of Rice-Wang thermodynamic theory (Geng, Freeman, & Olson, 2001). Birnbaum et al. illustrated that complete intergranular crack of Ni GBs can be induced by hydrogen segregation when the hydrogen concentration is sufficiently high, evidencing the significant role of hydrogen accumulation on GB weakening (Lassila & Birnbaum, 1987). Yamaguchi et al. demonstrated strong segregation hydrogen also occurs at S3 GBs in alpha-iron, showing that local hydrogen clustering (i.e., multiple hydrogen atoms, up to six, per unit cell) can be trapped at the S3 GB (Yamaguchi, Kameda, Ebihara, Itakura, & Kaburaki, 2012)."

Jan 1, 2017

By N. Ahern, L. Manoukian

"Cyanide is a leaching agent for precious metals commonly used in gold ore processing. Cyanide exists in various forms (including free, complexed as weak or strong complexes, and as ions such as cyanate and thiocyanate), so its detection, speciation and analysis in processing or environmental samples can be complex. This paper will review best practices for cyanide sampling and preservation in the field, interferences and pretreatment methods required prior to sample analysis and analytical methods that are used for cyanide species. Titrimetric, flow injection ligand exchange, spectrophotometric, colorimetric, potentiometric, amperometric, and chromatography techniques will be discussed and their chemistries, detection limits, advantages and limitations will be described.INTRODUCTION Cyanide is well known to be an extremely toxic species. Accurate cyanide measurement in effluent from mines is critical from an environmental perspective. Its measurement is also an important control parameter in the recovery of gold using cyanidation. Cyanide chemistry is diverse and complex, and cyanide analysis can be challenging as a result of and because of limitations in understanding of analytical methods. Various chemical mechanisms can form or destroy cyanide, and the sample matrix or preservation chemicals can also affect analytical results. These interferences make the collection of reliable cyanide measurements challenging and can start as soon as the sample is collected, during laboratory pre-treatment and during analysis. This paper reviews different methods of cyanide measurement. The basic chemistry of cyanide, best practices for sampling and preservation, as well as various methods of analysis will be discussed.CHEMISTRY The complexity of cyanide chemistry is well known (Beck, 1987; Delgado, Botz, Bucknam, Milasovljevic, & Staley, 2008; Botz, Milosavljevic, & Ward, 2013) and is attributed to the ability of cyanide to undergo: •,Volatilization •,Precipitation •,Adsorption •,Complexation with metals •,Oxidation to cyanate, ammonia, or cyanogen chloride •,Reaction with sulfur or sulfide minerals to form thiocyanate •,Redox reactions leading to the formation of cyanogen and cyanate •,Redox reactions (of some cyano complexes) •,Photochemical reactions (of some cyano complexes)"

Jan 1, 2017

By W. G. Davenport

Methods of extracting copper are evaluated in terms of innovations during the 1970&apos;s, and predictions to the end of this century are made. It is concluded that between one and two new smelters and refineries will be needed per year until the turn of the century, and that most of these smelters will be of the oxygen or oxygen-enriched flash furnace type. For converting, the Peirce-Smith converter will still predominate, but the Hoboken converter will play an increasingly important role. Five Japanese pollution control systems are described and it is suggested that much of this technology will be included in future smelting installations. Further growth of hydrometallurgy is predicted, especially for oxide ores, based on improved product metal quality and low plant cost. A n increased level of scrap resmelting is also expected.

Jan 1, 1980

By K. Enns, J. J. Byerley

"While thiocyanate (SCN-) is used in a number of industrial processes (production of polyacrylonitrile filaments, synthesis of agricultural chemicals and certain metallurgical solvent extraction and flotation circuits) it is recognized more as an undesirable by-product associated with &apos; the metallurgical industry. Thiocyanate is present at low concentrations in some waste streams from the iron and steel industry. Of particular significance is the formation of thiocyanate during cyanidation of gold and silver ores, concentrates, tailing s and residues. The thiocyanate levels present in the resulting effluents may range from a few mg/I to several thousand mg/I.At present, thiocyanate does not appear to be as hazardous in the environment as cyanide (CN-) at the same concentration although its interaction with other species and resulting decomposition of products may be unacceptable. Of course the presence of thiocyanate in the leaching circuit and ultimately in the effluent streams may add considerably to the oxidative requirments of any non-selective treatment process for cyanidation wastes.With respect to the thiocyanate as it relates to the cyanidation process, two aspects are evident. Thiocyanate forms and persists in the cyanidation circuit resulting in a ""fouling"" condition with subsequent loss of leaching activity. In order to reduce or control this problem, it is common practice for some mills to discharge daily as much as 20% of the barren leach liquor. Besides contributing to fouling of the leach liquor the formation of thiocyanate represents an irreversible loss of reagent cyanide. It is noteworthy that in some present or proposed mill practice reagent cyanide loss through thiocyanate formation may reach 50%(1). The purpose of this paper is to discus s the application of controlled electrooxidation of thiocyanate with the view of suggesting a process for regenerating cyanide from waste thiocyanate(2). The paper describes the important theoretical aspects and presents experimental data obtained for thiocyanate electrooxidation using both small and large scale electrochemical reactors. Some economic conclusions are presented."

Jan 1, 1984

By Robert B. Wickham

"American Barrick has always balanced its aggressive operating approach with a conservative financial strategy. In fact, what enables their mining team to pursue such aggressive plans with confidence is the conservative financial strategy adhered to by the company. These policies are built on a prudent mix of gold linked financings, equity and gold price hedging.This paper outlines these policies and focusses in particular on American Barrick&apos;s gold price hedging program.IntroductionThe company&apos;s balance sheet at the end of 1990 clearly shows the wisdom of its conservative policies. Total assets have grown to over US$1 billion; cash has grown to US$312 million and shareholders&apos; equity to US$645 million. All amounts included in this paper are quoted in U.S. dollars. Increased gold production and an effective gold price hedging program also combined to produce record income from operations, earnings and cash flow in 1990.The first half of 1991 is also indicative of the benefits of the company&apos;s conservative financial policies. Increasing production, together with its comprehensive gold hedging program, has generated increased earnings, even in a period of falling gold prices.All year-over-year numbers for the first six months are up. Gold production was 36% higher; earnings of $40.2 million $ 0.30 per share - were 46% higher than 1990.Barricks revenue continued to increase despite gold prices remaining unchanged during 1990. Barrick&apos;s hedging policy protects the company from falling gold prices on the basis that the upside looks after itself. Their hedging program - including various goldlinked fmancings - enabled Barrick to realize an average price of $437 per ounce of gold sold in 1990, compared with the Comex average gold price for the year of $384 per ounce."

Jan 1, 1991

By R. H. Duval

"In May 1936, Pamour started producing gold by cyanidation of flotation concentrates, and in 1939 was milling about 1, 600 tons per day.Refining records dating from 1939 show two oil-fired furnaces in use, (Rockwell type 46 11 x 29 11 inside oval shell).Refining time averaged 7. 83 hours during the year 1939, indicating a complete refining shift of about 9. 33 hours. That year appears to be characteristic of the period with regard to time required and results obtained.For that year total fineness (gold + silver) of the bars averaged 940 (approx.), but it frequently dropped below this figure, sometimes far below.Furnace lining life varied widely from three to seven or more months. Sillimanite was the standard lining but Mullfrax 41 was frequently used.For many years refining practice remained practically unchanged, and in 1960 procedure still consisted essentially of mixing a flux(% Composition Borax 41, Silica 11, Soda-Ash 11, Nitre 15, Mn02 22) with cyanidation precipitate in the ratio of l. 2 to l and heating to a medium heat (yellowishred, 2000° F) with a low flame for a long time. Time required was about 10. 5 hours per refining. Results were still much as detailed above.At this time it was decided to revise refining procedure, in an effort to shorten refining time and obtain consistently good bullion fineness."

Jan 1, 1965

By Robert B. Parsons

"New Brunswick Finance Minister John Baxter pulled something out of a hat for the mining industry in April, but there is a general concensus in the industry that he should put II back where it came from.The industry has never been in the mood f or progressive rate structures, but that is exactly what New Brunswick &apos;s 1984 budget offers to this depressed sector of the economy.IntroductionThe Province of New Brunswick stunned the Canadian mining community in April with the announcement that the province&apos; s 16% mining tax rate would be replaced with a progressive rate structure effective January 1, 1984 (Table I). The proposed change, contained in the bud get papers tabled by Finance Minister John Baxter on April 17, caught the industry totally by surprise. The move to a progressive rate structure was completely unexpected for a variety of reasons:• Generally speaking, relations between the province and the industry have been relatively good, yet the industry was apparently not consulted with respect to the proposed measure and had no indication that a change of th is nature was coming. This is in stark contrast to the mood which prevailed during the major revamping of the province&apos; s mining tax regime in 1977: at that time, the industry was invited to contribute in advance to the province&apos;s plan for a new tax structure.• The new structure would appear to make th e province less competitive in terms of mining tax rates with Ontario , Quebec, and other provinces, despite indications in the past that New Brunswick is very cognizant of this competitive factor in formulating mineral policy.• A joint report in November 1978 by federal and provincial officials to federal and provincial finance and resource ministers, which was careful not to directly criticize Ontario and Quebec&apos;s progressive mining tax rate structures, recommended that provincial "" tax regimes be examined to ensure the inclusion of appropriate mechanisms to avoid the excessive taxation of cyclical type profit "" , and that ""the federal and provincial governments consider the concern over progressive tax regimes expressed by the industry and examine mining and royalty tax regimes and the income tax regime with a view to alleviating the effect of such regime on the aggregate marginal tax rate"". In this context, any move to a progressive rate structure would be viewed by many observers as retrograde."

Jan 1, 1984

By Lloyd F. Dunham

"Crucial to the implementation of new computer-based information systems at Sudbury Operations of Falconbridge Limited was a data communications network that would take computing power to the various mine and plant sites. Falconbridge required a capability to provide on-line data entry, inquiry, and reporting capabilities in three geographical areas, six mines, two mills, a smelter, approximately fifty shops, seven warehouses and numerous administrative offices throughout the Sudbury basin.Conventional cabling methods were rejected based on the projected cost of installation of necessary cables; lack of flexibility to meet the changing requirements of the mine environment; and the risk of losing service to an entire area depending on solitary communication lines.Instead, Falconbridge selected and installed a Data Carrier System (DCS) and Packet Switching Communication System from Teltone Limited, Markham, Ontario. This combined system ""piggy-backs"" computer data over voice-grade twisted pair wire, bringing data to the associated PBX equipment. From there data packets are assembled and routed to the central computer site where they are disassembled for entry into the host machine.Falconbridge has been successful in using existing technology to solve communications problems in a difficult environment. Plans for the future of this network will increase its utilization for technical and real time data communications in addition to the business systems workload it now handles. The Computer Services group in Sudbury is confident that the data highway will handle communications traffic well into the future.IntroductionIn late 1984, the Sudbury Operations of Falconbridge Limited undertook a review of their existing business computer systems. The results of this review indicated that there was an opportunity to improve the timeliness and quality of information coming from the existing computer-based systems while achieving an investment payback by undertaking the project. The greatest benefits from this project would be achieved if the computing tools could be delivered to the employees that were the day-to-day users of the data. Falconbridge&apos;s existing business systems were oriented to the batch mode of processing. An alternative solution to using the existing programs had to be found."

Jan 1, 1988