Search Documents

By David A. Martin

Resource based companies have been inundated with changes in government tax legislation during the past few years. To cope, capital investment planning analysts have turned almost completely to computer simulation modeling to react quickly enough to determine the effect on their companies' major investment projects and on the projected financial picture of the companies. This paper will examine various royalty and tax structures as applied to coal, oil and gas, and minerals in the U.S. and Canada with particular emphasis on recent changes in the Canadian tax scene and their implications to capital project economic evaluation in other parts of the world.

Jan 1, 1977

By J. W. Cox, W S. Jones, A E. Chase

For a long time the Oil Industry has been looking for a logging tool which can determine the quality of the cement job behind casing. Older methods such as Temperature Surveys and Radioactivity Surveys might detect the presence of cement behind the casing, but short of production tests, it was impossible to tell that the producing zones were adequately sealed off from adjacent zones. A new logging method, which is called the •Cement Bond Log, operates on the principle that a sonic pulse transmitted by the casing is greatly attenuated when the casing is strongly bonded to an outer annulus such as cement. The down-hole tool consists of a source of sonic energy which is detected by a receiver situated a few feet away from the source. The amplitude of the detected energy is measured and the resulting signal transmitted to the surface where it is recorded versus depth. Amplitude is a function of attenuation and thus the log is readily interpreted.

Jan 1, 1961

By Karl V. Lindell

Asbestos is not the name of a distinct mineral species, but rather the commercial term applied to the fibrous form of several minerals differing widely in composition. There are some 30 known varieties of asbestos but of this number only 6 are of economic importance, and these, in order of economic significance are chrysotile, crocidolite (or blue asbestos), amosite, anthophyllite, actinolite and tremolite. Chrysotile asbestos was formed by the introduction of hydrothermal solutions into fractures in serpentinised ultrabasic host rocks. These solutions dissolved magnesium silicate from the wall rocks, and with subsequent lower temperature and pressure they became supersaturated, and crystals of chrysotile asbestos formed. The chemical composition is variable but is classified as a hydrous magnesium silicate, containing a high percentage of magnesia and water, plus varying amounts of alumina and ferrous and ferric iron. Other asbestos minerals are formed by a similar process but with a different host rock e.g. crocidolite occurs only in iron' formation. The chemical composition of asbestos minerals other than chrysotile, shows a wide variation, but in general may be classified as silicates, or metasilicates, containing varying amounts of calcium, magnesium, sodium and iron.

Jan 1, 1964

By Colin Jones

Canadian Clay Products Inc., which mines bentonite in Saskatchewan near Truax and operates a plant at Wilcox, is the sole producer of swelling bentonite, often called western bentonite, in Canada. Seven products produced by the company are used in binders, sealants, water and waste water treatment, plasticizing agents, foundries and absorbents. Reserves are reported at about one million tonnes for the deposit but the area in general contains significant additional reserves.

Jan 1, 2001

By D. du Plessis, R. Stobbs

The Canadian Clean Power Coalition (CCPC) was created in 2001 to protect and enhance Canada’s vast coal and other carbon-based resource wealth, and to ensure that environmental public policy decisions recognize that these resources are a Canadian asset, not an environmental liability. To achieve its mandate, CCPC has undertaken to demonstrate technologies for use in new coal-fired power plants to control air emissions including carbon dioxide (CO2), nitrogen oxides (NOx), sulphur dioxides (SOx), mercury (Hg), and particulates (PM). The first phase of the demonstration project assessed three existing technologies for coal-fired power plants that reduce all emissions, including CO2, to levels equivalent to or below that of gas-fired power plants. The technologies considered in this phase included integrated gasification combined cycle (IGCC), ‘oxyfuel’ combustion, and amine scrubbing of pulverized coal. These technologies were evaluated with three coal types: Eastern bituminous, western sub-bituminous, and lignite coals. This paper presents the studies, conclusions concerning the capital and operating costs of these technologies, the cost of electricity produced (with CO2 removed), and the cost per tonne of CO2 avoided. It also discusses the potential for using captured CO2 for enhanced oil recovery, and possible technology enhancements for improving the competitiveness of gasification of low-rank western Canadian coals. The second ongoing phase of CCPC’s work includes the design and construction of a commercial-scale plant to demonstrate the feasibility of integrated gas combined cycle (IGCC) and/or polygeneration technologies and the potential for using the CO2 generated for enhanced recovery of conventional oil.

Jan 1, 2006

By Paul R. Clark

Outline ? Coal As An Energy Resource ? Canadian Clean Power Coalition ? Phase I of the CCPC Project ? CO2 capture options ? Gasification ? CO2 use ? Results ? Phase II Plans ? Next Steps TransAlta - Profile ? 9,726 megawatts (MW) of capacity ? 46,877 gigawatt hours (GWh) produced at an average plant availability of 88.4% ? 47 facilities in four geographies: Canada; the U.S.; Mexico; and Australia ? Fuel mix of coal (62%), gas (26%), hydro and renewables (12%) ? 23.2 million tonnes of coal mined ? 47.0 million gigajoules (GJ) of gas consumed

May 1, 2004

By R. K. Singhal, H. Sahay

Introduction In terms of the world's recoverable coal reserves, Canada ranks 10th, providing 0.6% of the world's total. The US is first with 27.8% and the Soviet Union follows with 24.1%. Figure 1 shows the principal coal mines in Canada. Several provinces contain substantial coal deposits, but the largest deposits are found in the western provinces of Alberta, British Columbia, and Saskatchewan. Conservatively, 90% of the lignitic, 80% of high volatile bituminous, and nearly 100% of subbituminous, and low and medium volatile bituminous coals are located in these three provinces. During the past decade, Canadian coal production of all types increased from 18.8 Mt (2 million st) in 1972, to 25 Mt (28 million st) in 1975, to 61 Mt (66 million st) in 1984. About 38 Mt (43 million st) of this output was classified at thermal and 23 Mt (25 million st) as coking and metallurgical coal (Table 1). The three western provinces currently produce 57 Mt (62 million st) of coal - 95% of Canada's total. The remaining 3.6 Mt (4 million st) (5%) is produced in Nova Scotia and New Brunswick on the east coast. The majority of western coal (98%) is produced by surface mining methods. On the east coast, though, mining is predominantly underground and only 15% is produced on the surface. In 1985, Canada exported close to 28 Mt (30 million st) of metallurgical coal and thermal coal. During the same period, 15 Mt (16 million st) of coal were imported, mostly from western US for use in Ontario and Quebec. Almost 60% of the imported coal was used for thermal applications. The remaining 40% was metallurgical coal for the steel industry. It is generally cheaper to import coal into central and eastern Canada from the eastern US to augment local supplies rather than from western Canada. This is mainly because of high transportation costs. Mining methods The suitability of mining methods in a particular area depends largely on the geological setting. Geology, therefore, simplifies or adds complexities to mining operations, directly affecting the economics. It also influences the flexibility required from the min-

Jan 9, 1986

By H. Sahay

The current Canadian coal production is approximately 57x106 tonnes per annum of which some 25 million tonnes is exported. Two thirds of the Canadian output is classified as thermal and one third as coking or metallurgical coal. The Canadian coal industry, like the industries in some other industrialized nations, has gone through a cycle of ups and downs. The current world vide recession and stable oil prices have somewhat dampened the plans for a further growth of this industry - albeit temporarily. No new mines are expected to be developed within the next few years. However the production is projected to increase to 60x106 tonnes in 1985 increasing to an estimated 75 to 80x106 tonnes by 1995. The Canadian mines are highly mechanized and are willing to employ the modern technology to maintain its competitive position in the world's coal market. This paper reviews the recent technical developments which continue to improve resource recovery and productivity.

Jan 1, 1986

By Donald O. Downing

"IntroductionThis paper provides an overview of the coal mining industry in Canada with a description of current circumstances. The Canadian industry is placed in a global context and the future prospects of the industry are described. The export market is very important to the future of Canadian coal production and the essential aspects of the market are explained. Future prospects are very much tied to metallurgical coal exports and some key characteristics of that market are discussed, including major technological changes in the industry. Stability in 1996The Canadian coal industry enjoyed another strong year in 1996 continuing a trend established over the last four years. The strength of the industry is based on a stable domestic industry and a relatively healthy inter- national market. The figures bear out these statements. In 1996 total production reached 75 million tonnes and consumption was 52 million tonnes. The major markets for coal in Canada are electricity generating stations (Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia) and the steel industry in southern Ontario. Approximately 11 million tonnes of coal were imported and exports reached a new record of 34.5 million tonnes, mainly from western Canada. Canadian Coal FlowsCanada represents a unique case in the coal world because we both import and export coal (Fig. 1). The reason for this apparent dichotomy is Canada’s geography. Eastern Canadian coal markets are located closer to the eastern United States coal fields and are basically served by them. This is true for both thermal and metallurgical coal. Major imported coal users are the steel industry, electricity generators and other industry including the cement industry in southern Ontario, Quebec, New Brunswick, with a little coal imported into Manitoba. Only about 2.2 million tonnes of western Canadian coal move into the east, including both lignite and bituminous coal."

Jan 1, 1997

At the Prospectors and Developers Annual Convention (PDAC) in Toronto, Canada mining and exploration companies of all sizes were on hand to discuss the year that was and those that will be. The following is a look at some of the companies with Canadian operations that were on hand for PDAC 2009. Iamgold Corporation is a leading mid-tier gold mining company producing approximately 31 t (1 million oz) of gold from seven mines on three continents. With record revenues of $870 million ? up 28 percent when compared to 2007 ? the company is focused on growth with a target to reach 56 t (1.8 million oz) gold production by 2012. During 2008, the company acquired the Essakane project in West Africa. The project is fully permitted, under construction and will contribute more than 9.3 t (300,000 oz) of lower cost production by late 2008. Iamgold increased its reserves by 55 percent, to 385 t (12.4 million oz) and its resources in-creased by 16 percent to 821 t (26.4 million oz) in 2008. Going forward, Iamgold has three areas of focus ? West Africa, Guyana Shield and Quebec ? with seven gold operations, five advanced projects and the Niobec niobium mine included. The Rosebel Mine in Suriname is Iamgold?s fl agship property. With measured and indicated resources of 300 t (9.6 million oz), it accounts for 30 percent of Iamgold?s production. Production there was up 20 percent compared with 2007 and further production increases are expected in 2009 and 2010. Mill expansion and optimization increased throughput from 8.9 Mt/a (9.8 million st) to 10 Mt/a (11 million stpy). In West Africa, Iamgold has joint ventures at Sadiola in Mali; Tarkwa in Ghana; Yatela in Mali and Daman in Ghana. Iamgold also has 100 percent ownership of the Mupane gold mine in Botswana and the Doyon gold mine in Quebec, Canada. Also in Quebec, Iamgold has 100 per-cent ownership of the Niobec niobium mine in Quebec. Niobium is used in high strength specialty steels.

Jan 1, 2009

By C. P. Browning

Copper, as far as we know, was the first metal used by man, and due to the fact that it occurs in many places in the 'native' state, and also to the ease with which it may be shaped, it has played an important part in the evolution of civilization. Copper tools with inscriptions dating back to 6,000 B.C. are known in Egypt, where the metal probably got its start as a useful material in human hands. Just how far back the use of copper in Canada dates is difficult to say, but it was in use by the Indians in the Lake Superior country long before the arrival of the first white man. For many generations the Eskimos also have used copper derived fr0m deposits of the native metal found in the Coronation Gulf district. Due to the metal's many unique qualities, imperishable with age, ancient implements and utensils are apparently as good today as when they were made, having withstood the onslaught of time probably better than objects of any of the other base metals. Copper alloys so well with other metals that today it is second only to iron in its industrial value. Even at the beginning of the eighteenth century the world's production of copper was probably not more than seven thousand tons a year, with Great Britain producing three-fourths of this. One hundred years ago the mines of the United States, Chili, Mexico, Canada, South Africa, Australia, and Tasmania, which now produce about nine-tenths of the copper of the world, were totally undeveloped. Ln 1926 the world production of copper was approximately 1,658,000 tons, which was seventy thousand tons greater than in the preceding year; but growing demand absorbed the increased production, so that the stock of rough copper throughout the world is comparatively small. Of this huge tonnage of the metal, Canada produced four percent, two-thirds of it emanating from British Columbia, nearly one-third from the Province of Ontario, and the balance from Quebec.

Jan 1, 1927

By C. C. Muir

At the outset, I believe reference should be made to comparatively recent world developments in copper which have an important bearing upon the Canadian position. COPPER SITUATION No one can doubt the marked change for the better compared with not so long ago when less than adequate attention was paid to marketing and to uses of the metal. I need not show you graphs of world copper prices, which except for relatively brief periods and war conditions were, until about three years ago, not unlike the topography of the Canadian Rockies. There remain, of course, some non-industry factors who yearn for the old days of "roller-coaster" copper prices.

Jan 1, 1964

By Marlin E. Sandlin

NORTH-CENTRAL United States is now, and will continue to be, a natural market for Canadian crude oil. This area is a natural market for many basic reasons. There are no physical barriers along the border of our countries. This market is in dose proximity to Canadian production. This market is already joined by crude oil pipe-1,ines to numerous producing areas of Canada. The tariff barriers are reasonable. We are not handicapped by mandatory quota restrictions. There are many of us who desire lo sell Canadian crude oil in this market. Further, and what is really important, there are many of us who desire to buy Canadian crude oil for this market. It is fundamental that for crude oil to be sold in the world market, it must ?be sold at competitive prices. At the same time, it is important that such competitive price must result in a fair price for the crude oil at the we1lhead. The factors of nearness to market, cheap pipe line transportation, and reasonable United States tariffs, all tend to make ?possible a competitive market and a fair wellhead price.

Jan 1, 1958

By W. F. James, Richard Murphy, S. N. Kesten, A. H. Lang

The paper is a summary of information on Canadian deposits of uranium and thorium up to the end of 1948, prepared by geologists of Eldorado Mining and Refining Ltd. and by the specialist on uranium deposits for the Geological Survey of Canada. The paper contains a history of Canadian uranium and thorium discoveries, a working classification of the deposits, fairly detailed descriptions of the Eldorado mine and of properties in northern Saskatchewan, and shorter accounts of several other discoveries.

Jan 2, 1950

By J. J. Emery

There is an increasing awareness on an international level of the potential for utilizing many wastes and by-products as construction materials. This has resulted in recent major reviews by OECD and RILEM to supplement national activities by agencies such as CANMET, USBM, BRE and LCPC. Much of this international and national work was reported during an International Conference on the use of by-products and wastes in civil engineering held in November 1978 in Paris. Based on participation in the OECD and RILEM reviews, and the Paris conference, developments in waste and byproduct utilization of particular concern to Canada are described. The major technical and economic constraints involved are also reviewed, so that the over-all evaluation reflects important factors such as inherent variability and transport logistics. Areas requiring further research and development are also identified. Particular emphasis is placed on slags, salvaged asphaltic concrete and surplus sulphur. "Due to the rapid development of China's industry, more than a hundred million tons of industrial wastes are generated annually, which occupy lots of land for storing, bring about environmental pollution, obstruct industrial and agricultural production and cause harm to people 's living. Therefore we must utilize them effectively to create wealth for our country. "

Jan 1, 1979

The Northwest Territories (NWT) of Canada has emerged as a major new province for diamond mineralisation in less than three years. This is primarily the product of a diligent search in the form of a scientifically based exploration effort. However other factors, including positive aspects of the business and the legal environment have also been identified as assisting the exploration process. In my view these have increased the likelihood of diamond mining becoming a major new industry for Canada. The supportive role of various government agencies has been important. In addition, the character of many of the joint venture deals that have been done has provided an attractive setting for the capital intensive evaluation and development work that is now required to bring the diamond discoveries into production. Perhaps of equal importance is that with the recognition that is being given to the success of the NWT diamond ventures, Canadian explorers are continuing to attract new risk capital for further exploration. This paper attempts to model and quantify the probability of exploration success translating into successful mine development.

Jan 1, 1994

By Robert Boyd

The Diamond Markets ? Supply has continuously increased over the past 25 years ? However, global supply is expected to drop by 1 to 2% by 2015 ? Demand Driven Market ?Demand is expected to grow 3% annually through to 2015 ? Supply Squeeze Anticipated (2010 to 2015) ? Consumption is exceeding rate of discovery, mine development and reserve replacement ? These fundamentals are driving increased capacity and production at existing mines in South Africa, Botswana and Russia and new areas such as Canada ? Canada is now the third largest diamond producing country in the world ? These fundamentals are also driving record levels of exploration expenditures throughout the world with particular focus on Africa and Canada

May 1, 2006

"THE CONCEPT of energy as a commodity, while not entirely new, is not as widespread as the importance of the idea to this modern world would lead one to expect. The growth in the supply and use of energy over the past years has been tremendous, but our very closeness and familiarity have somewhat distorted the viewpoint, particularly of the younger generation. To many of us who remember the wonderful satisfaction of our first responsibility for directing two horsepower hitched to a farm cart or hay wagon, there still arises a feeling of some awe at the casual flick of the switch with which our sons and daughters summon to their convenience the service of some one hundred or more horsepower.Energy is the vital component of our existence and, no matter what contempt our day-to-day familiarity may •breed, it is wise to .pause from time to time and consider our national energy standing. Have we still capital in the bank? Are our expenditures wisely •conceived and well directed? Is provision being made for the years •ahead for the needs of our children and our children's children?"

Jan 1, 1953

By Richard T. Haworfh

The United Nations Convention on the Law of the Sea (UNCLOS) entered into force, for those nations who had ratified it, on November 16, 1994. The Convention deals with nearly every aspect of ocean affairs, including marine scientific research, fishing zones, freedom of the high seas, protection of the marine environment and deep seabed mining. Article 76 of the Convention defines edge of the continental shelf in a way that many earth scientists find bizarre. Out to this limit, a coastal state has sovereignty over the seabed and sub-seafloor resources. Beyond that limit, the key principle of UNCLOS, that "the resources of the deep seabed represent the common heritage of mankind and should be developed to benefit all nations" is invoked. Establishing that limit and managing development in the different areas of jurisdiction is no small task. Canada's continental shelf as defined by UNCLOS covers an area approximately equal to half the area of the Canadian land mass. Interpretation and application of the convention is therefore highly significant for Canada. For example, the sedimentary basin in which the offshore Hibernia oil field is found, extends beyond the 200 mile limit but lies predominantly within the limits of the (UNCLOS) continental shelf. Responsibility for development of inshore placer deposits rests firmly with the coastal state. However, development of deep sea mining, in which the international community plays a management role under UNCLOS, has raised many concerns. Of particular interest to Canada will be the application of the provisions of the convention to interest in the polymetallic sulfides sampled on the mid-ocean ridges such as the Juan da Fuca Ridge. A further complicating factor for Canada is management of fishing stocks. Canada has sought to resolve this "problem" through multilateral negotiations under the UN. Under its "Oceans Act," currently being debated by Parliament, Canada intends to become a world leader in oceans and marine resource management. Similar activity in most maritime nations is setting the stage for a revolution in the way in which use of the world's oceans is managed. Much of this revolution will be guided by UNCLOS. Coastal states that have ratified the convention have ten years in which to define the limits of their continental shelves the clock is already ticking for them! We have yet to see how their actions will guide, or be guided by, those who have not yet ratified. We also have yet to see how national legislation and aspirations will mesh with international conventions that were drawn up in a previous era of environmental standards. This is a time in which many questions have been raised and few firm answers received. However, we must ensure that everyone is aware of what is happening, with what potential consequences, in order that rational decisions can be made. Canada has taken a few small steps that it is happy to share with the world community.

Jan 1, 1996

By R. K. Singhal

Canada is a world class producer and exporter of minerals and mineral products. Today's highly mechanized Canadian open pits use state-of-the-art equipment and support technology. They are taking advantage of larger equipment, including in pit crushing and conveying, truck dispatch systems and electronic management tools. Mine planning is computerized. Environmental issues are dealt with in all phases of planning, and equipment modifications are pursued to keep them functioning in the hostile Canadian north. In 1991, Canada's mineral production (excluding fuels but including coal) totaled $C 16.9 billion, a decline of 13.8% from the 1990 total of $C19.6 billion. It is a major producer of nickel, zinc, asbestos, potash, molybdenum and uranium. Canada is also an important source of copper and iron ore (Fig. 1).

Jan 1, 1995