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"The Pierre Beauchemin Mine attained commercial production in January 1989, and went on to produce 23 968 ounces of gold for the year, 3% higher than forecast. Underground development was accelerated to prepare the way for the production of an estimated 40 000 ounces in 1989.IntroductionThe Pierre Beauchemin Mine is located nine miles west of the city of Rouyn-Noranda (Fig. I).As a result of the amalgamation with Sullivan Mines in October 1987, the mine is now entirely owned by Cambior Inc.The Eldrich deposit was discovered in 1953and began production in 1955, closing in 1962 following the decrease in gold prices and the simultaneous decrease in silica content in the ore, which was sold to the Noranda smelter for flux. A total of 717 000 tons grading 0.14 oz Au/t were produced during this period.From July 1984 to October 1987, an underground exploration program was carried out by Sullivan on the Eldrich mining concession and the nearby Flavel property. The first phase of the program included reinstallation of surface facilities and dewatering of the Eldrich Mine. Following the completion of the first phase, extensive exploration was carried out, including a major program of diamond drilling. It was then decided to deepen the shaft to a depth of 1800 ft to access a new zone called the No.5 Zone .Following the amalgamation with Sullivan in October 1987, Cambior assumed the role of operator for the project, and continued the shaft deepening work that had already been started. A feasibility study was completed in April 1988 and the Cambior board of directors approved a production decision for the Eldrich-Flavel project.The preproduction program extended from May to December 1988 and was aimed at preparing the stopes in the upper part of the mine and at developing the mine infrastructure at the bottom of the mine.The mine was officially opened in August 1988. Cambior renamed the project the Pierre Beauchemin Mine in recognition of Pierre Beauchemin's pioneer-work."

Jan 1, 1990

By R. B. Smith, D. C. Brady

"A review of the major renovation of the fifty-year old C-I headframe facilities at NERCQ's Con Mine, Yellowknife, N. W.T. is provided. The project was complete with only two 3-day shutdowns of the facility .Work consisted of four major phases: structural reinforcement of the adjoining mill building prior to dismantling; relocation of virtually all mine and mill utilities which transited the headframe collar en route from the adjacent powerhouse; dismantling of the entire headframe facility and portion of the mill building, including the removal of asbestos siding; and erection of a new headframe, idler rower, collarhouse and mill wall.This paper describes the work and methods used by NERCQ, J.S. Redpath Mining Consultants Limited, Acres International Limited, and others to bring the project to a successful completion. The history of the project is discussed from the planning phase through construction, including; design, procurement, and construction scheduling. The paper discusses the unique elements of the project, the problems encountered, and the methods used to achieve success.IntroductionThe Con Mine is a 800 tpd gold operation located in Yellowknife, Northwest Territories. Originally owned and operated by Cominco Limited , the Con Mine was sold in December 1986 to NERCO Minerals Company, and officially renamed NERCO Con Mine, Ltd. The Con Mine has been in operation for over 50 years. The first gold brick ever produced in the Northwest Territories was poured at the Con Mine in 1938. The original C-1 shaft was sunk in 1937 to a depth of 235 ft. In 1941 the shaft was deepened to a depth of 950 ft, and the original timber head frame was replaced with a steel structure. Following the discovery of the Campbell Shear in 1946, the C-l shaft was again deepened to its present depth of 2443 ft. Over the years, mine production gradually moved deeper and further from the C-l shaft."

Jan 1, 1991

Abstract - A method to extract certain types of error variance information from paired data is presented, which constitutes an important tool for the calibration of Gy’s formula for variance predictions in the sampling of broken ores. The research summarized here complements publications by others on geochemical precision. The model and method proposed for treating duplicate data provide a practical means of deriving separate estimates of the purely analytical and aliquot sampling variances, from a unique set of duplicate assays, and, hence, proposes a new avenue for estimating effective mineral grain size.

Jan 1, 1998

By Karl J. C. Harries

"11.1. INTRODUCTIONA royalty is the most common form of interest retained by an owner who is disposing of his property or by a joint venturer who ceases, voluntarily or otherwise, to participate in the joint venture.1 Rarely does a non-participating party have a direct interest in the property and/or assets of a project, except during the period when a non-participating joint venturer may be having his interest diluted.2 In fact, it is most unwise to permit a non-participating party to have such an interest. It may give rise to significant problems that could prevent or substantially delay the development of an orebody and require a considerable amount of time, effort, and money to correct.3In negotiating a royalty, it is important to be aware that there is no law or convention that says, “You just don’t do that in a royalty agreement.” As with any agreement, inventiveness and flexibility on the part of the negotiator are not just assets, but virtual necessities. It is also for this reason that it is essential to read the royalty provisions, particularly the definitions, fully and carefully, especially if you are the recipient. On the other hand, if your inventiveness and flexibility cause your accountant to question the advisability of one of your ideas, pay close attention to him.4 He will, no doubt, have had experience with many royalties, and no competent professional adviser disparages a client’s ideas without good reason. Besides, he will probably be the person who will be determining the royalty or certifying the determination of it. At the very least, he will be auditing your general financial statements, which must, of course, reflect the royalty determination. Heeding his advice not only may make the determination easier but also will probably save you money in professional fees later on. Nevertheless, do not simply accept his comments or recommendations without understanding what they mean, why they have been made with respect to your royalty agreement (sometimes professionals have comments that they make as a matter of course and, even though they may be valid, you should require them to be justified to you), and how they will affect your royalty determination.It is surprising how many corporate payors insist that their standard royalty provisions5 be used as a matter of policy, thereby effectively tying the negotiator’s hands. It is even more surprising, and to professional advisers frightening, how many of the senior employees who insist that such a policy be adhered to, virtually without variation, do not know what is in the standard provisions and would be hard-pressed to explain them to a property owner. If standard provisions are appropriate, by all means use them, but do allow experienced and sensible negotiators some flexibility and make sure that everyone within the corporation who may have to use such provisions – negotiator and supervisor alike – knows what they contain and why they are as they are. For example, there are often good and convincing reasons to describe a deduction in a certain way or to include a certain specific type of deduction. On the other hand, quite often the answer to the question “why?” is that “it has always been there”; this is, or should be, an unacceptable answer. In any event, if you, as the negotiator, appear to know what you are talking about, are familiar and comfortable with your royalty provisions, and are backed up by your boss with the same words or reasoning, a property owner cannot help but be satisfied that you are knowledgeable, even if he still does not agree with your provisions. Finally, if you do use standard provisions, make sure that they are reviewed and updated regularly."

Jan 1, 2003

By R. Glenn Madill

Western Canada is defined, for the purposes of this paper, as that part of the Dominion bounded approximately by the 95th and 141st meridians of longitude and the 49th and 80th parallels of latitude. It is comprised of Manitoba, Saskatchewan, Alberta, British Columbia, Yukon, and that portion of the Northwest Territories lying to the west of the 95th. meridian. The first magnetic observations made in Western Canada were in the interests of navigation by sea. Observations were made by Captain Middleton in Hudson bay at Churchill and York Factory in 1725, and along the Pacific coast by Captain Cook in 1778 and Captain Vancouver in 1792. The first systematic magnetic survey in Western Canada was made between 1819 and 1826 by Sir John Franklin in his widely distributed explorations. It is of interest to find that while the first magnetic declination observations made in Hudson bay and along the Pacific coast were purely in the interests of navigation, the next investigations, which were made in the Western Arctic, included measurements of inclination and force with those of declination. There was a valid reason for this more complete research into the magnetic field as the construction of declination charts depended on the position of the north magnetic pole. Halley promulgated a theory 1683 that " the globe of the Earth may be regarded as one great magnet, having four magnetic poles, two of them near each pole of the equator, and that in those parts of the world which lie near any of those magnetic poles the needle is chiefly governed thereby, the nearest pole being always predominate over the more remote" . The position of a magnetic pole may be defined as a point where the inclination is 90 degrees and the horizontal force zero. It is obvious that the position cannot be' defined by declination observations alone since, for some distance from the magnetic pole, .the horizontal force is too weak to give directive force sufficient to effect the pointing of a compass.

Jan 1, 1948

By Jianwen Yang, Yucai Zhou, Yanhong Dong, Daixiong Chen

"The study of combined depressants for flotation separation of lead from copper has been carried out to solve the copper-lead separation problem. Test results show that the depressant of CMC (Carboxyl Methyl Cellulose) or sodium sulfite plays an important role on the selective depression of galena flotation. When the two reagents above are combined, the selective depression effect on galena is further enhanced. When the mass ratio of CMC to sodium sulfite is 1:4, galena was best depressed, with the lowest lead content in the copper concentrateClosed-circuit tests indicate that under a certain pH value of the slurry, with the best ratio of CMC to sodium sulfite as depressants, the copper concentrate with the grade of 28.23% copper and 4.12% lead is obtained, and the copper recovery is 84.87%; the lead concentrate with 68.12% lead and 0.86% copper is obtained, and the lead recovery reaches to 92.20%. An efficient separation of copper and lead is achieved with the combined depressants. INTRODUCTIONComplex copper-lead-zinc sulfide ore is abundant in China. With the rapid increase of mineral consumption, it has become one of the important sources to produce copper-lead-zinc metals. However, it is difficult to achieve effective separation of copper and lead, due to the complicated ore properties, such as fine dissemination, low copper grade, complex symbiotic relationship and similar floatability of copper and lead.Poisonous reagents of bichromate and cyanide are often used as depressants for copper lead separation. They have good separation efficiency, but pose serious pollution issues. As the environmental protection is becoming more and more important, it is a trend to replace traditional toxic reagents with new nontoxic efficient chemicals. Organic depressant FCLS studied by Liu has strong selectivity against galena, and does not depress chalcopyrite. A new type of galena depressant of CLS-01 discovered by Jin-lin Yang shows good results in the separation a mixed copper and lead concentrate. In addition, dextrin, chitosan and some other natural organic compounds (Drzymala, 2003; Huang, 2012; Qin, 2013) have also been studied to separate copper and lead."

Jan 1, 2016

By H. McLeod

Introduction In the period from 1939 to the present, Canada has experienced a remarkable industrial expansion, rising to probably seventh in rank amongst world countries. In the early part of this period, the desperate need for military supplies unloosed tremendous amounts of capital for building new factories and for expanding and converting existing facilities. Mines, factories, and other divisions of the industrial economy bent every energy toward greater and greater output. The result was an 80 per cent increase in the volume of the nation's production within a period of four years, a truly remarkable accomplishment and one in which the mining industry had a very vital part. After the critical year, 1944, the tempo of industry eased off a bit, dropping approximately 20 per cent by 1946. At this time the prospects or post-war industry were clouded by monetary and political chaos in overseas countries, by trade restrictions, and by market uncertainties. There was, of course, a pent-up demand, both at home and abroad, for civilian goods that had been curtailed during the war and for capital equipment that had been destroyed. In the midst of this world-wide uncertainty, if anyone had ventured to predict that by the end of 1950 Canada's industrial output would be back to the 1944 level and humming along at nearly twice the best pre-war pace, he would have been considered rash indeed. Yet this has been the case.

Jan 1, 1951

By R. A. Rabnett, G. Paget, Patrick Walsh

"Tumbler Ridge, Canada's newest resource community, has been developed differently than have been other resource communities.Since its conceptualization, emphasis has been placed on the establishment of a traditional municipal government at early a stage as possible.Planning f or the community goes back to 1977. By then, extensive study by provincial agencies had shown a new resource town would be required to exploit north east coal. The Ministry of Municipal Affairs, in conjunction with a consultant named R.A. Rabnett began the extensive Tumbler Ridge conceptual plan.The results of the conceptual plan are evident in the organizational and planning goals of Tumbler Ridge. In every aspect from the election of officials to some financial matters, the town functions as a normal municipality. With the resource companies of the North East Coal Development within its municipal boundaries. Tumbler Ridge has been able to debenture its capital projects against its municipal tax base.The town's ability to function as a normal municipality is enhanced by its control over Crown land it has purchased from the province. This gives it further control over the development of the community and helps in establishing agreements with the resource companies and the provincial government to ensure that housing and service needs are met. While resource company representatives sit on certain municipal committees, their roles are advisory in nature.The community continues to move toward full municipal status and will have a fully elected Council by 1986.BackgroundPlanning for the development of northeast British Columbia coal resources began in 1976 under the aegis of the provincial Cabinet Committee on Coal Development. A series of subcommittees were established including a Townsite/Community Development subcommittee. The Ministry of Municipal Affairs chaired this subcommittee and continued as the lead agency for the provincial settlement planning effort over the period 1976 to 1981."

Jan 1, 1983

By Jonathan Peck, Jim Gray

"While the mine developer looks for bigger and better orebodies in countries offering lower risks to development capital, the opera-tor of existing mines is looking for bigger and better ways to use his existing resources. Mining operations today utilize a variety of stand-alone systems for planning and managing their operations. In both small and large mines, payroll, accounting, inventory, planning, and engineering requirements are met using a combination of manual and computer-based systems.Technical advances and new enabling technologies are changing how mines are doing business. PC-based systems are allowing small operations to join the larger mines in using advanced computer-based systems. Advanced monitors are being used in maintenance to track, predict and correct the health of production equipment. Production monitoring systems are used to measure the performance of operating equipment and personnel in real time. This detailed information on how much, where, when, and by whom is being used for proactive management and planning. Ultimately, this information can be used to optimize and control the machines’ activities, eventually leading to robotic and autonomous operation of mining equipment.As the use of technology increases in mining, specific information objectives are being met but other problems are being created. The life cycle of technology is small, and as current systems are replaced by newer ones, integration problems and additional end-user training are created. In addition, onboard monitoring systems can create large volumes of data, data which are frequently archived without being analyzed. Mine operators are also duplicating efforts applying new technologies in an effort to be more competitive, but in doing so are creating interfaces which are only compatible with their own facilities. As system development moved from the centralized mainframe computer to the PC environment, the fragmentation of these systems became more pronounced.To efficiently continue in adapting and utilizing advancing technology, the mining industry needs to develop a system architecture that readily integrates as many sub-systems as possible. This will provide a framework for existing system integration and design guide-lines for future development. The Total Mining System (TMS) concept will allow a network of stand-alone functional modules to be readily integrated with minimal effort. This paper will discuss some of the current technologies cur-rently in use in some surface mine operations.In addition, a description of the information system and communications requirements that will be needed to integrate these components in the future, will be discussed."

Jan 1, 1996

By O. D. Maurice

"This paper will essentially update the information that is already known and published on the limestones of the Province of Quebec. The excellent report by M. F. Goudge (1935)m is difficult to improve upon and the areas of limestone quarrying are generally the same as they were at the time of Goudge's report. Our knowledge of the limestones of Quebec has been improved considerably in recent years by the publications of T. H. Clark, 2 who, since 1938, has been mapping and reporting on these lime-stones and has discussed their stratigraphy, their structural features, their history and their economic value. One economic aspect is the presence of natural gas in these formations and the possible occurrence of oil. A total of 150 test holes had been drilled to a depth of more than 500 feet by the end of 1967 and, in addition, at least 256 more shallow holes had been put down in the St. Lawrence Lowlands. The information from these test holes has greatly improved our knowledge of the thickness and extent. of the various formations of Paleozoic limestone and shale in Quebec.This paper will then review briefly the limestone occurrences in Quebec, using the old as well as the more recent reports as principal references"

Jan 1, 1970

By G. M. Furnival

A PROGRAMME of structure drilling was commenced in the Southern Alberta Plains in June, 1943, for the purpose of determining the geological structure of the underlying sediments. More than 270 holes have been drilled throughout an area of some 1,800 square miles or 1,000,000 acres (see Figure 1). The Southern Plains of Alberta are covered by a mantle of glacial drift,' at places exceeding 200 feet in thickness. Only where this mantle has been dissected by deep drainage channels is bed-rock exposed to any great extent. Along such channels, surface geological mapping can be conducted to ad- vantage. Accordingly, geological mapping was commenced _in 1942 and continued each season to the present. To supplement this information, a survey of the water wells was carried on in conjunction with the mapping. However, to obtain more positive and evenly distributed structural control throughout the area as a whole and to define more adequately structural trends indicated by the preliminary mapping, it was necessary to resort to the use of drills to penetrate the glacial mantle. Various types of light drills are commonly used for this purpose and provide geological information in the form of drill cuttings, cores, drilling time rates, etc. Correlation of information is generally obtained through comparison of cored sections, drill cuttings, micro-fossils, and drilling time rates. However, in this case the holes were electrologged and correlations were made chiefly by comparison of such logs. The data so obtained is plotted and portrayed in the form of structure contour maps on recognizable stratigraphic horizons and in the form of isopach maps of the recognizable stratigraphic intervals penetrated in the holes. This method had not been widely used in Alberta previously and the technique employed was necessarily developed after the project began.

Jan 1, 1945

By M. Fafard, M. Dupuis, P. Goulet, J. Bédard

Start-up of a Hall-Heroult cell is a delicate task that can affect pot performance and pot life. Modem practices for high amperage cells involve preheating the lining before the molten electrolyte is poured in. Different preheating methods and heat-up schedules are used throughout the industry, and the optimum between a short start-up and damage minimization to the cell is elusive. Direct electrical coke-bed preheating is one of the most common techniques. This practice typically results in a non-uniform surface temperature distribution and can generate detrimental thermal gradients in the cathode blocks. Numerical modeling is an invaluable tool to study this complex problem and can help improve the preheating procedures. The modeling of the mechanical response of the lining is critical to detect risks of cathode block cracking or the development of gaps where liquids could leak into. Taking into account the baking of ramming paste, the quasi-brittle nature of carbon and the contact interfaces between different materials are examples of key elements to consider. A finite element slice model of a cell was built and simulations of different electrical preheating scenarios were performed using the inhouse code FESh++ to demonstrate what can be learned through thermo-chemomechanical modeling. The potential industrial application of the model is discussed.

Jan 1, 2006

By G. Bourque

One of the design criteria for the Mount Wright facilities was to incorporate the latest proven automation techniques and devices for the new crushing, grinding and concentrating plant. The heart of the centralized control system is a Fox 1 process computer, located in the central control room in the administration building. The entire operation, i.e. crushing, conveying, storing, grinding and concentrating, is monitored and controlled, through the process computer , by one operator via a CRT console. In case of computer failure, the control is automatically, and without process interruption, transferred to manual back-up panels. One of the newest management tools, the process computer is programmed to collect and automatically print out shift. daily and monthly reports on tonnage, metallurgy and equipment operating time, for better planning of operations and preventative maintenance.

Jan 1, 1977

By Z. Jun, L. Kerning

Jinlong copper smelter and refinery, originally designed for 100,000tpa primary copper and started up in 1997, has been expanding its capacity on the basis of operational optimization and by modifying its facilities. Currently it is producing 210,000tpa primary copper, and the new phase of expansion project with a target capacity of 350,000tpa primary copper is ongoing. This paper reviews problems and improvements made with operation and equipment in the past years. Recent plant operation is briefly described. The expansion projects completed are summarized and the ongoing expansion project is present.

Jan 1, 2007

By A. Warczok

Chalcocite concentrate obtained by magnetic separation and flotation of Bessemer matte is processed in the Inca top blowing bottom stirring MK reactor into semi-blister copper. The semi-blister is then converted into blister copper in the multi-purpose vessels (MPV) by oxidation of iron, nickel and sulphur. High melting point NiO and Fe30 4 are formed inside the MPV s, which together with Cu20 and smaller amount of fayalite are the major constituents of the solid mush. The accumulation of solid mush and buildup requires periodic MPV cleaning by adding reductant and copper-nickel matte, a unique process called "washout". Various reductants and their combinations, such as pig-iron, 15%Si Ferro-silicon and 50%Si Ferro-silicon, have been used for the reduction of solid mush and buildup. The possibilities of using calcium carbide as a reductant and slagging flux were examined experimentally at the crucible scale. The rate of reduction of MPV buildup was determined by continuous measurement of CO and C02 contents in the offgas and the flowrate of argon carrier gas. The rate of the buildup reduction with calcium carbide was approximately five times faster than the rate of reduction with coke. Additionally, the formation of CaO results in the melting of reduced buildup and formation of a slag at 1300°C and higher temperatures. It was found that simultaneous silica addition enhanced the melting and slag formation. The results showed the strong dependence of the reduction rate on temperature. Activation energy is approximately 225 kJ/mol. Expected benefits of using calcium carbide are related to cost saving on reductant, significant acceleration of solid mush reduction, and reduced amount iron input from reductant.

Jan 1, 2007

By J. S. Godard

The mining developments in western Quebec have shown the ores of this district to be more complex in character than was at first expected. When the initial discoveries were made it was thought that the ores would be similar in character to those of Kirkland Lake and Porcupine areas. Developments have since shown that although the ores along the southern margin of the belt are somewhat similar, those within the belt, constituting by far the greater proportion, are vastly different, being complex mixtures of base-metal sulphides carrying values in the precious metals. These mixtures of base-metal sulphides of copper, zinc, and iron, present several problems to the metallurgist, especially in their concentration into marketable products. For the purpose .of this paper the following classification may be made of the ores of the district. Group I. - Milling Ores: (a) Ores in which~ arsenopyrite is the predominating sulphide. In this class of ore the gold occurs in fractures in the quartz and is associated to a lesser extent with the arsenopyrite and pyrite. Examples of this class of ore are the Granada, south of Pelletier lake, and the O'Brien and the Thompson in Cadillac township. (b) Ores in which iron pyrite is the predominating sulphide and gold is the valuable constituent. This may also be classed as a concentrating ore-Group III.

Jan 1, 1928

By G M. Thorpe

This paper discusses mine research at Inco, giving specific examples of research projects which illustrate the approach to mining problems. The first example covers the development of a new mining method, "undercut and fill," which was originated for mining badly broken-up pillars, but which is now rapidly replacing the square set method of pillar recovery. In the new method, ore is extracted in a series of successive horizontal cuts, progressing downward, a cut being completely mined and filled before the cut below is started. In the second example, improvements to the "cut and fill" method of mining are discussed. These improvements are the result of improved techniques and improved equipment, etc., with, in many cases, the former being made possible by the latter. The advances made have permitted the use of the "cut and fill" method at much greater depths than before. The third example is presented to illustrate research undertaken to obtain the earliest maximum advantage of the introduction of a new piece of equipment or material. For this purpose, the development of the "Under-ground use of AN /FO Blasting Agent " has been selected. Work on this project started in May, 1960, at a time when there was very little in-formation regarding the potentialities of AN /FO for underground blasting, either primary or secondary. By the end of 1961, AN /FO made up 64 per cent of the explosives used under-ground at Inco mines.

Jan 1, 1963

By Margaret Armstrong, Chris Roth

Abstract -Estimating ore reserves for vein type deposits is a two-stage procedure: first, calculate the geometry of the vein system, and second, estimate the grades within this system. The grade estimation can only be consistently performed if the vein geometry - its size, shape and orientation - has been correctly characterized. Getting the size and shape of the different veins right means that the ore tonnages will not be artificially inflated, e.g., by falsely classifying host rock as veins. Similarly, correctly estimating their orientation and location helps mine management decide on the appropriate mining technique, selective or not. When applying geostatistics to estimate the vein geometry all available information needs to be used and not just the standard lithologic indicator of being or not being in a vein.

Jan 1, 1998

By T. R. Ellis

The valuation of mineral properties in the U.S. is only partially regulated. The regulations which have jurisdiction or impact appear to have such mainly as a consequence of unintended fallout, since the regulations were designed for other purposes. Court case history can also be important. The combined results are a mixture of bad and good, with important lessons to be learned. Since 1981, the Securities and Exchange Commission has prohibited U.S. listed companies from reporting quantitative estimates of mineralization and the value of mineralization, other than proven and probable reserves. This results in the minerals appraiser (valuator) working with a shortage of data in his everyday work, both on the subject property and in sales analysis. Between 1989 and 1995, all 50 states and essentially all federal agencies adopted the Uniform Standards of Professional Appraisal Practice (USPAP) for real property appraisals (valuations). The major national appraisal societies also require their members to abide by USPAP. A significant portion of minerals appraisals must now follow these standards. This paper will discuss the content of USPAP. It provides a very good framework for the valuation of a minerals property or a mine, both as real property and as a business. However, the credentialing standards for real property appraisers are now prohibitive for minerals appraisers.

Mar 1, 2002

By T. R. Ellis

"The valuation of mineral properties in the U.S. is only partially regulated. The regulations which have jurisdiction or impact appear to have such mainly as a consequence of unintended fallout, since the regulations were designed for other purposes. Court case history can also be important. The combined results are a mixture of bad and good, with important lessons to be learned.Since 1981, the Securities and ExchangeCommission has prohibited U.S. listed companies from reporting quantitative estimates of mineralization and the value of mineralization, other than proven and probable reserves. This results in the minerals appraiser (valuator) working with a shortage of data in his everyday work, both on the subject property and in sales analysis.Between 1989 and 1995, all 50 states and essentially all federal agencies adopted the Uniform Standards of Professional Appraisal Practice (USPAP) for real property appraisals (valuations). The major national appraisal societies also require their members to abide by USPAP. A significant portion of minerals appraisals must now follow these standards. This paper will discuss the content of USPAP. It provides a very good framework for the valuation of a minerals property or a mine, both as real property and as a business. However, the credentialing standards for real property appraisers are now prohibitive for minerals appraisers."

Jan 1, 2002