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By William Petruk

Image analysis studies were performed on mill products from pilot-plant and laboratory tests that had been conducted to determine the effect of grinding media on the selective flotation of two zinc-lead-copper ores. It was found that, when the ores had been ground to the same degree of fineness with flint pebbles, ceramic pebbles or ore fragments (autogenous grinding) as with steel balls, there generally was increased sphalerite, chalcopyrite and galena liberation in the flotation feeds, depending on the textures of the minerals. The increased sphalerite liberation fully accounted for the improved zinc recoveries that were obtained when steel balls were replaced by either pebbles or ore fragments. The increased chalcopyrite and galena liberation accounted for part of the changed technical efficiency of concentration, but other factors, probably changes in oxidation and reduction of iron and in consumption of oxygen, also contributed.

Jan 1, 1977

By T. Narita

The diffusion barrier coating system (DBC system) was designed to suppress interdiffusion between alloy substrate and coatings in addition to ensuring slow oxide growth at high temperatures. In this report the concept of the DBC system will be introduced, and the results obtained for various heat-resistant alloys are presented. In this DBC system the s-phase of the Re-Cr-Ni system was selected as the barrier and is formed by electroplating Re-Ni and Ni films from aqueous solutions, followed by Cr and/or Al pack cementations. A typical DBC system consists of Ni-base superalloy / triple s-Re based alloy layer / ?’-Ni3Al and/or ß-NiAl (with or without Pt addition) / a-Al2O3. It was found that the DBC system maintained its structure for long time exposures because the s phase has tie-lines with the ? and ?’ alloy substrate and the ?’ and/or ß coating. The s-Re based alloy can suppress both the inward Al diffusion and the outward diffusion of alloying elements. The DBC system was successfully applied to various heat-resistant alloys such as Ni-Mo and Fe-Cr-Al based alloys, and these alloys with the DBC system were creep-deformed slowly under external applied stresses. A simultaneous diffusion coating process for Al and Hf was developed using Hf+NH4Cl+Al2O3 pack cementation. To obtain reliable and long-life coatings the combination of alloy substrate, coating, and external scale should be considered as a total system, to optimize oxidation resistance, structural stability, and mechanical properties.

Jan 1, 2010

By D. J. Bowen

"Abstract -The Great Dyke extends for 540 km along strike, to unknown depth, and varies in width from 3 km to 11 km. Rb/Sr age determinations gives values of approximately 2470 Ma.The Dyke consists of a variety of mafic and ultramafic rocks, many altered to serpentinites. These include, from top to bottom, successions of gabbro/norites, pyroxenites, peridotites/harzburgites, and dunites/picrites.The layers dip in from either margin, steepest at the edges (20°) and flattening toward the central sections. Four separate complexes are present. From north to south these are termed the Musengezi, Hartley, Selukwe and Wedza Complexes, and are described as 'boat-shaped' or 'pig-troughed'. All are similar in petrological sequences. Physiographically, the Dyke is spectacular in the north, where as a mountain range it meets the Zambezi Escarpment. Elsewhere in the central parts there is little surface expression and wide open treeless vleis. Dyke rocks cut through granite and schist belt terrain and are termed 'The Magnesia Belt'.Vast mineral resources exist. These include chrome, asbestos, platinoids, nickel, copper and gold. Up to eleven chrome seams numbered from top to bottom occur in the lower ultramafic sequences. Seams are narrow at 10 cm to 30 cm but of high grade. The platinum occurs 10 m to 40 m below the norite/pyroxenite contact.A 60 m wide zone of Light Sulfide Mineralization (LSM) of Jess than 1% sulfides extends from the lower gabbronorites into the upper pyroxenites. In this LSM, four enriched zones carry up to 5% sulfides. The most widespread is termed the Main Sulfide Zone (MSZ), below which is No. 2, No. 3 and No. 4 Sulfide Zones. The MSZ carrying pyrite, pyrrhotite and chalcopyrite is a multi­ element ore with components of PGE (Pt-Pd-Rh), nickel, copper and cobalt, and gold and silver.Extensive exploration programs have been carried out and the intention is to begin large-scale mining. However, with Russia supplying metals to the western markets, South Africa's cutback on production, and an end to the Cold War, delays have arisen."

Jan 1, 1994

By J. A. Morgan, W. A. Barclay, J. C. Pedersen, I. C. Campbell, D. S. Bubar, R. P. Taylor

"Abstract - The Lilypad Lakes property is host to a group of Ta-mineralized dikes that occur over an area of at least 10 km2. Field relationships are consistent with a syn- to late syn-tectonic timing for their emplacement (with respect to the major regional D1 episode of deformation), with several of the dikes exhibiting a steeply dipping, open, S- to M- to Z-shaped fold geometry. Individual dikes range up to 30 m wide (Rubellite Dyke, Pollucite Dyke), have strike lengths of up to 750 m (e.g., JJ Dyke), and are continuous to depths of greater than 250 m (e.g., Rubellite Dyke, Pollucite Dyke). Typically, they display sharp intrusive contacts characterized by the development of thin, holmquistite-rich haloes. The Tamineralized dikes are comprised of silica- and alumina-rich, sodic, granitic pegmatites that display extreme levels of geochemical fractionation (K/Rb typically < 10.0, as low as 2.2; Nb/Ta typically < 0.20, as low as 0.03), and enrichments in an economically important group of lithophile elements, most notably Li, Rb, Cs, and Ta. Geochemical assays of individual surface grab and drill core samples have yielded values as high as 1.51 wt.% Li2O, 1.25 wt.% Rb2O, 6.21 wt.% Cs2O, and 0.108 wt.% Ta2O5. Diamond drilling has established the presence of wide (~20 m), potentially ore-grade intersections of Ta mineralization (>0.045 wt.% Ta2O5) in both the Rubellite and the Pollucite Dykes.Three Ta-oxide minerals (microlite, wodginite, manganotantalite) of primary origin predominate in the Ta-mineralized dikes, where they occur as fine, disseminated grains in the albite-rich pegmatite matrix. The sequence of crystallization is typically manganotantalite wodginite microlite, which conforms to a well-established paragenetic sequence for rare-element granitic pegmatites in general. All three of the primary Ta oxides are characterized by a high degree of chemical purity (e.g., average Ta concentrations in microlite from 77-79 wt.% Ta2O5), a compositional feature consistent with the extreme levels of geochemical fractionation characteristic of the host granitic pegmatites, and one that indicates that the Lilypad Lakes pegmatites are likely to produce Ta mineral concentrates of the very highest quality.Locally, a second generation of Ta minerals is present, restricted to small vugs in the pegmatite matrix that are surrounded by fine aggregates of K-rich mica or clay. The secondary Ta minerals are dominated by microlite, which is typically intergrown with fluorite and Fe-sulphides, and is distinguished from its primary counterpart by its lower Ta content (around 70 wt.% Ta2O5) and much higher concentration of uranium (up to 9 wt.% UO2). Also, secondary microlite consistently yields low analytical totals from electron microprobe analysis, suggesting that it is H2O-rich. The presence of this second, vug-related generation of microlite, together with the occurrence of localized networks of crosscutting fractures that host high concentrations of Cs and Rb (in the minerals pollucite and Rb-Kfeldspar), suggests that a late-stage, fluid-dominated metasomatic/hydrothermal event may have been important in certain sections of the dikes, and has effected a redistribution of the economically important elements Ta and Cs."

Jan 1, 2005

By John McEwen, Ian R. Jonasson, David H. Watkinson

"Mine Gallen is a zinc-rich pyritic volcanogenic massive sulphide deposit that occurs in a fault-bounded block of intermediate volcanic rocks. The block is completely surrounded at the present erosion level by the eastern part of the Lac Dufault granodiorite. The volcanic succession includes a massive feldspar porphyry that is probably a subvolcanic intrusion, an andesitic flow unit and lapilli tuffs. The latter are variably sericitized and pyritic, especially in the vicinity of the massive sulphide into which they grade.The ore body is predominantly pyritewith local sphalerite contents as high as 20%; minor chalcopyrite and trace galena are disseminated, but are found mainly along late cleavage. Most ore is a breccia of massive to banded pyrite-sphalerite, veined by massive and complexly banded sulphides. These structures formed by repeated blocky jointing, cracking, sealing, healing and annealing as hydrothermal fluid repeatedly passed through a developing sulphide mound. The deposit is interpreted to have grown on the seafloor in a manner similar to active mounds in the Galapagos rift.RESUME La Mine Gallen exploite un gisement de sulfures massifs volcan géniques comprenant essentiellement de la pyrite riche en zinc. Ce gisement se trouve a /'intérieur d’un bloc de roches volcaniques de caractère dacitique a andésitique, limite par failles et entoure de tout cote par la granodiorite du Lac Dufault. La séquence volcanique comprend des coulées andésitiques et des tufs à lapilli ainsi qu'un porphyre feldspathique massif sub-volcanique. Les tufs sont sericitises et pyritises, tout particulièrement au voisinage des sulfures massifs."

Jan 1, 1990

By K. Mayhew, R. Bruce, A. Heidel, G. P. Demopoulos

"Teck and Aurubis are working together to commercialize a technology for the processing of copper arsenic sulphide concentrates that is economic and sustainable with regards to the environment and community. The pressure hydrometallurgical approach is a desirable option as mineral extraction and arsenic fixation can take place in a single autoclave vessel. A test work program was carried out where a range of copper concentrates with varying arsenic grades was processed under CESL leach conditions. This paper discusses the stability character (in terms of arsenic) of the resulting residues and their mineralogy. The basic ferric arsenate sulphate phase (BFAS; otherwise known as type 2) was identified as the main arsenic carrier. All CESL residues demonstrated high stability (<1 mg/L As) through a range of aggressive (pH and ORP) environmental leach conditions.INTRODUCTIONArsenic deportment and control in the copper industry needs an integrated approach involving each stage of the value chain, i.e. exploration, mine operation, refining process and mine closure. Teck Resources Limited (Teck), Canada’s largest diversified mining company and Aurubis, Europe’s largest copper producer, have formed a partnership to advance the application of CESL copper-gold technology for the development of high arsenic bearing copper resources (Bruce et al., 2011).Among the options for arsenic control in the metallurgical treatment of copper concentrates is the precipitation of ferric arsenate, which is widely accepted as the most suitable method for stabilizing arsenic (Ferron and Wang, 2003). The pressure hydrometallurgical approach to processing arsenic bearing copper concentrates is a favorable option as mineral extraction and arsenic fixation can take place in a single autoclave vessel. Under CESL pressure leaching conditions (150 °C, 1380 kPa) high copper extraction and arsenic (V) fixation is possible.Within the pressure leach autoclave, arsenate and ferric iron react to form scorodite type phases. The precipitate formed under CESL conditions is dependent on the Fe (III) /As (V) ratio and the tenor of cations and anions, particularly excess sulphate (Gomez et al., 2011a). Previous studies on CESL residues have found arsenic to be present as crystalline scorodite (FeAsO4.2H2O) (Bruce et al., 2011), basic ferric arsenate sulphate (BFAS: Fe(AsO4)1-x(SO4)x(OH)x·(1-x)H2O, where 0.3<x<0.7), and/or arsenate adsorbed on to hematite (Gomez et al. 2011b). Although not a focus of previous work, scorodite was the predominant precipitate formed when the concentrate Fe/As was <1.5 (Mayhew et al., 2010), and BFAS was the predominant precipitate when the concentrate Fe/As was >10 (Gomez et al. 2011b)."

Jan 1, 2012

By W. J. Taylor, T. D. Parris

"Over 90,000 feet of raise have been bored at International Nickel underground mining operations throughout the Sudbury District since the advent of raise boring in the early part of July, 1964. With a total of 10 raise borers on hand at this time, techniques have improved steadily since introduction at INCO mines. The first unit, designed for use in rock of low compressive strength, had to be modified and redesigned to cope with Sudbury Area Precambrian rock. As equipment and boring techniques improved, a specially designed machine for larger holes was developed and is now in use. More powerful units, with a thrust capacity of up to 750,000 pounds, are under investigation. Raises have been bored up to 84-inch diameter, and the changeover to 5- and 6-foot flat reaming heads with improved cutter design has increased performance substantially. As a result, 5-foot-diameter raises have been completed to a length of 750 feet and 6- and 7-foot raises to over 500 feet. Reference is also made to the drilling of over 23,000 feet of drainage and sand-fill holes, ranging up to 7% inches in diameter, with smaller underground rotary drill equipment.Finally, a look into the future indicates the need for further improvements in equipment design to permit economic boring of 7- to 8-foot-diameter raises in Sudbury Area ground types."

Jan 1, 1972

By T. W. Wlodek

"AbstractThe results of research into the fatigue properties of SAE 1080 carbon steel and nickel-chromium-molylbdenum steel for mining drill rods are analysed and described in detail.The effect of water corrosion on the fatigue strength of drill rods of these two steels in the as-rolled condition has ,been investigated and the beneficial influence of shot-peening on their dry and water-corrosion fatigue strengths determined by employing the method developed previously (1).Eight S-N curves for as-rolled and shot-peened mining drill rods under both dry and water corrosion conditions have been derived and their shape and relative position are discussed. The main features relating to field performance of the drill rods are analysed.Purpose of Research and Outline of ProgrammeDRILLING holes in rock and ore by means of drill rods attached to a pneumatic drill is a basic procedure required in mining operations. Detonation of explosives placed in these holes is at present the only practical method of breaking down the rock and ore.A drilling rod is supported by its bit end in the drilled rock. Its shank end, fixed in the drilling machine, transmits impact energy to the cutting edges of the bit. On the field performance of the drill rod depend a number of basic mining operations such as sinking, drifting, and stoping. The drill rod is there-fore regarded as one of the most important tools used in the mining industry."

Jan 1, 1952

By Himanshu Dehra

The pre-fabricated outdoor rooms are often utilised near the mines and construction sites for office purposes. The paper has presented modelling and simulation results of the integration of commercially available glass coated photovoltaic (PV) energy technology and solar ventilation technology into a pre-fabricated outdoor room. The pre-fabricated outdoor room has been setup at Concordia University, Montréal for full scale testing of the glass coated PV modules with solar air ventilation. The computer simulation model has been developed for PV modules installed on a double wall wooden frame in an outdoor room based on its preliminary field testing. The testing apparatus was a wooden frame assembly of double wall with solar air ventilation: two adjacent glass coated PV modules, air column and plywood board filled with polystyrene. The measurement data collected from various sensors were: solar intensity, ambient air temperature, room air temperature, electric power, surface temperatures of PV modules and plywood board, air velocities and air temperatures in the air column. The enhancement in the air velocity of the air column was achieved with an exhaust fan fixed in an outdoor room. The simulation model is used to perform the two dimensional energy analyses with applied one dimensional solution of steady state heat conduction equations. The simulation model is based on conjugate heat exchange paths with network boundary conditions of convection, radiation heat exchange and solar air ventilation heat transport. The model parameters are based on measured values of ambient air temperature, room air temperature, air velocity at outlet of air column in double wall, electric power and available solar intensity. The model has predicted fairly well energy performance of glass coated PV modules with solar air ventilation installed on a wooden frame. The model is also useful for predicting heating, ventilating and air-conditioning (HVAC) requirements for the pre-fabricated outdoor rooms.

May 1, 2007

By Lloyd W. Trevoy

Syncrude Canada Limited is presently studying commercial production of heavy minerals from plant tailings of the openpit A lhabasca tar sands operation. When tar sands are processed and upgraded to synthetic crude oil, heavy minerals can be removed f rom the extraction circuit and beneficiated to provide concentrates of zircon and titanium minerals. Calculated recovery rates indicate that crude oil production capabilities of 105,000 barrels per day would provide 26,000 tonnes of zircon and 114,000 tonnes of titanium minerals annually. The titanium minerals concentrate is a mixture of ilmenite, leucoxene and rutile; it could be used as recovered or upgraded to synthetic rutile. With the consrruction of further synthetic crude oil plants in Western Canada, a large reserve of heavy minerals will become available.

Jan 1, 1984

By J. O. G. Sanderson

Introduction In this paper it is proposed to review the history of petroleum geology in western Canada, to discuss some of the main events which have affected its progress, to mention its relationship to the petroleum industry, and, finally, to appraise its present status and possible future importance. It will be useful first to consider the meanings of the terms petroleum geology, petroleum geologist, and the petroleum geology of a terrain. Petroleum Geology. - In simplest terms, geology is the science of the earth. Hence petroleum geology is the science of that portion of the earth that encloses pools of petroleum. The systematic delineation and study of stratigraphic geology began about 1820. The systematic development and study of petroleum geology started about 1910. It is a relatively immature branch of geology. Petroleum Geologist. - This term may be applied to a fully qualified geologist who is engaged for a time, be it a job, a contract, or a lifetime, in the work of finding and developing deposits of petroleum and related substances. No man may properly be called a petroleum geologist who is not first a fully qualified geologist.

Jan 1, 1946

By Peter M. Power

A microscopic study was made of a series of simultaneous slag and metal samples taken from a low carbon basic open hearth heat. An attempt was made to identify the various micro-constituents found. As the various impurities in the bath are oxidized, the metal structure changes from that of high-phosphorus white cast iron to that of low.-carbon steel. A detailed study of phosphorus distribution is included. The acid run-off slag has an .acicular orthosilicate structure which changes on &apos;shape-up&apos; to a very basic tri-calcium silicate and calciuim ferrite structure. Many unidentified minor constituents are present in the slags. Though metallography will never replace chemic.al analysis of the bath, the microsopic study of polished slags has some promise of being useful in slag control work.

Jan 1, 1956

By Richard J. Kolada, Ian R. Muirhead

"This paper reports on a CANMET-funded examination of less conventional underground coal mining methods. These methods are documented and those that show the most promise for application to western Canadian conditions are discussed in detail.IntroductionIn recent years, mining considerations and economics have encouraged a transition from underground mining to surface mining. However, a change in market conditions or the development of superior underground mining methods may reverse this trend . Should this happen, the industry must be quick to respond and have information available on the latest developments of underground mining technology. In time, deposits of high-quality coal, which are easily accessible to surface mining, will be depleted and a change to underground mining methods will require consideration. The economic transition point between surface to underground will be a major determinant in maintaining a competitive edge. For these reasons, it is important to keep abreast of improvements in underground mining methods. To meet this objective, CANMET awarded a research contract to Monenco Consultants Limited, to investigate unconventional underground mining methods that show a potential for western Canadaoi. This paper presents the results of this investigation."

Jan 1, 1988

By A. H. Onur, S. Ural

"The Afsin-Elbistan coal deposit with its 3.4 billion metric tons of reserve is the biggest coal basin and one of the most important resources for electrical energy production in Turkey. The coal deposit is located north of Elbistan, Kahramanmaras Province, in southeast Turkey (Fig. 1).The Kislakoy sub-basin of the Afsin-Elbistan basin was selected as the first open cast mine to feed four power station blocks of 340 MW each. The mine is equipped with six identical bucket wheel excavators of the type Sch Rs (2300/5) 32. The annual coal demand of the power station is 18.5 million metric tons. The Elbistan basin encompasses an area of 900 km2, and its centre lies about 1150 m above mean sea level. The sedimentation took place mainly in the upper Pliocene period. The thickness of the coal bed varies from 20 m to 60 m, respectively. The basal part of the coal beds consists of clay, marl and sandy clay. These formations are overlain by gyttja, which may also occur in the form of calcareous ooze, enveloping coal beds. The thickness of the gyttja is up to 35 m (Otto-Gold, 1969). The coal of Afsin-Elbistan is soft coal and the quality has been found to vary considerably throughout the deposit. The thicknesses of the sterile intercalations vary from 0.50 m to 2.2 m and average 1 m in thickness. From the quality control point of view, the coal seam is regarded as upper seam where the gyttja formation occurs as sterile intercalations, and lower seam where the clay formation occurs instead of the gyttja (Fig. 2). The CaO content of upper Kislakoy coal is very high, grinding resistance is low and base to acid ratio of ash, that is, the ratio of acid oxides of metals to base, is greater than one (Ural and Onur, 2001). Contrary to upper Kislakoy coal, CaO content of lower Kislakoy coal is very low, grinding resistance is high and base:acid ratio of ash is smaller than one. Modified Impact Strength Index (MISI) tests are used to determine the grindability of the Elbistan coals (Ural, 1999)."

Jan 1, 2003

By L. K. Sinclair

In situ leaching of copper has the potential to deliver low-cost recovery for soluble copper deposits of sufficient permeability. In order to provide key inputs for modeling of the in situ leaching process, bench scale test work can be used in conjunction with geochemical software to identify key leaching and precipitation reactions. A case study is presented in which a series of flow-through acid leaching tests were conducted on drill core sections from a porphyry copper deposit without crushing or grinding. Concentrations of copper and other key elements were monitored in the recirculating leach solution over several months. A geochemical model of each leaching test was prepared using Geochemist&apos;s Workbench using a combination of diffusion-controlled and reaction-controlled rate mechanisms. Key reactions included leaching of chrysocolla, iron oxides, and plagioclase. The model was able to simultaneously satisfy the evolving chemistry of the recirculating leach solution, mineralogy of the head and leach residue, measured acid consumption, and leaching rates for key minerals reported from previous laboratory studies. Opportunities and limitations for scaling up the model to simulate the commercial wellfield are discussed.

Jan 1, 2015

By Tracey Bodnarchuk, Philipp Mirzoev

Sulfate balance control is a common problem for zinc plants. Roast-leach-electrowin plants are mostly concerned with the over-generation of sulfates while for the HudBay direct leach plant both extremes are possible including potential necessity to buy sulfuric acid to replenish a sulfate-depleted circuit, which makes the problem doubly important. Quantitative methods were applied at the HudBay plant to analyze sulfate generation/depletion based on a local sulfur balance and sulfate extraction calculation in the leach circuit, using a Pb-tie method. Main factors were established influencing sulfate generation/depletion, including the critical role of Pb and pyrite. Regression analysis proved to be effective and allowed the quantitative prediction of Pb concentrations necessary to reach the equilibrium for the sulfate balance. This in turn provided a firm basis for a sulfate-control strategy realized through concentrate blend correction, which allowed the plant to fine-tune sulfate generation/depletion effectively reducing economic consequences of excessive/deficient sulfate generation.

Jan 1, 2015

By Fan Delian, Ye Jie, Lui Tiebing

The lower and the upper parts of the Doushantuo Fonnation, Hubei Province, China, contain silicate-type K-rich beds (illite and feldspar), and intraclastic phosphorites, as well as Ag-V and V deposits in a "Black Shale Series". The K-rich beds fonned in an anoxic basin whereas the phosphorites fonned in a more oxic and higher energy depositional environment. The Black Shale Series occurs in the lower and upper parts of the Doushantuo Fonnation; that in the upper part consists of black illite shale and dark gray dolostone, and contains Se-rich Ag and V deposits. These deposits are of more industrial significance than the previously discovered Ni-Mo polyelement sulfide deposits which occur in the Lower Cambrian Black Shales Series of South China. Studies of lithotype, sedimentary sequence, and geochemistry of the Doushantuo Fonnation have led to more attention being focused on the uppennost Black Shale Series and its Ag-V and V deposits. There are three ore types: black, Ag-V-rich, illite shale; black, V-rich, illite shale; and dark gray, Ag-Vrich, fmely crystalline dolostone. The first two ore types contain 3070 to 5% Corg and the last, 1.25%. The Ag-bearing minerals are naumannite, argyrodite, aguilarite, acanthite, and native silver that occur as inclusions in pyrite associated with barite. Vanadium substitutes for AI in illite and is also related to organic-matter contents. Because (1) the pre-Sinian Kongling Group contains one to three times greater than the Clark Ag value; (2) black, illite shale has a negative Ce anomaly; and (3) there are large occurrences of black, K-rich, tuffaceous, fme siltstone, the sources of Ag are thought to include subaerial and submarine volcanic materials. It is proposed that Ag, V, and Se were absorbed by clay particles and organic matter during syngenetic deposition in an anoxic environment; Ag subsequently was reconcentrated into sulfides and selenides, whereas V was incorporated structurally into illite during early and late diagenesis. These types of Black Shale Series-hosted Ag-V and V deposits are, therefore, considered to be sedimentary-diagenetic in origin.

Jan 1, 1992

By D. -A Tremblay

Dynamic wetting spread factors and interfacial heat transfer coefficients were determined for aluminum droplets solidifying on copper substrates, The spread factors were determined from the droplet geometries while the heat transfer coefficients were obtained by solving inverse heat conduction problems, 1-D and 2-D heat transfer models are presented and the results they provided are compared, For the latter, a sensitivity analysis was also performed to determine the influence of thermophysical properties and boundary conditions. Experiments were alternatively carried out with three different gaseous atmospheres and the dynamic wetting spread factors were correlated to the interfacial heat transfer coefficients.

Jan 1, 2005

By John Plecash

This paper comprises a general outline of all of the developments, including the history, geology, mining, milling, power and transportation installations, at the gold mining operation of La Luz Mines Limited and the copper mining operation of its wholly-owned subsidiary, Rosita Mines Limited, both located in north-central Nicaragua. The low-grade, gold-bearing ore-bodies of La Luz Mines, contained in highly fractured and folded Lower Cretaceous sedimentary rocks, were from 1909 to 1928, mined and treated by primitive methods by the La Luz and Los Angeles Mining Company. The abandoned property was acquired by La Luz Mines Limited in 1936, and was equipped with modern machinery and put into production in 1939. Between 1939 and 1948, the daily rate of production was in-creased from 300 tons per day to 2,-000 ton per day. The ore reserves available for open-pit mining were depleted in 1954. Since then, the entire production has come from under-ground operations.

Jan 1, 1963

By Grant D. Nicholas

This paper compares an integrated evaluation approach to decision-making with more traditional sensitivity analysis and Monte Carlo simulation. The primary objective is to highlight the differences in NPV that can arise from using these evaluation methods in a top down and bottom-up approach. Results from three resource scenarios, derived from sampling a "virtual" ore body (reality) on grid spacings of 75m, 50m and 25m, are analyzed and compared.

May 1, 2007