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By J. Aydt, W. McCombe, H. McLaughlin, L. Nightingale-Mercer

The McClean Lake mill is located approximately 850 kilometers north of Saskatoon, Saskatchewan, Canada and is operated by Orano Canada Inc. (Orano). The mill was designed to process high grade uranium ores, and in 2014 completed a multiyear expansion to increase its production capacity to 24 Mlbs U3O8 per annum. This expansion included significant changes to the mill’s secondary leach circuit in support of safely processing high grade ore directly from the Cigar Lake mine. In particular, inter-stage pumps were introduced for slurry transfer between the secondary leach tanks, replacing the original pressure feed forward operation. The design and selection process for these pumps was strongly influenced by the uncertainty related to actual radiation dose exposure when processing undiluted high grade ore (up to 30%U), and consequently the desire to maintain minimal occupancy in the vault enclosure containing the secondary leach tanks. These constraints resulted in the decision to install positive displacement pumps above the leach tanks in a suction-lift configuration. Operating experience with this design has shown that the pump capacity is significantly de-rated due to process solution gas-entrainment and pipe scale build-up, particularly in the front end of the secondary leach circuit where reagent dosage is high. Experience processing high grade ore also provided accurate radiation dose data to demonstrate that the level of occupancy in the leaching vault enclosure could be re-evaluated to accommodate alternate pump configurations. This paper reviews the lessons learned and improvements made to safely increase the capacity and reliability of the leach inter-stage pump system.

Jan 1, 2020

By O. Garg

This paper summarizes the computer applications in open-pit mine planning at the Iron Ore Company of Canada (IOC). A brief history of the use of computers at IOC is given, and a description of the existing facilities is outlined. The following systems are discussed: storage and retrieval of geological data; geotechnical data analysis; long-term grade and tonnage forecasting; ore grading; and open-pit mine design. Justification for using computers in open-pit mine planning is given, and possible future areas of application are considered.

Jan 1, 1979

By S. Sopher, C. Barsotti

"Inco Gold Company was created in 1987 as an unincorporated business unit of Inco Limited. In 1988, Inco Gold Management Inc. was incorporated to supply management, exploration and engineering services to this unit. The first new project, at Casa Berardi, Quebec, was brought to production in September 1988, less than two years after completion of exploration. For 1989, Inco Gold's exploration and capital expenditures have been budgeted at approximately $94 million, a record level. Inco Gold holds interests in more than 80 precious metals ventures and prospects in Canada, the United States, Brazil, Indonesia, Papua New Guinea and France. The most advanced projects, in addition to Casa Berardi, are at Mineral Hill, Jardine, Montana, where initial production is anticipated in the third quarter of1989, and Crixas in central Brazil, where production is scheduled to begin during the fourth quarter of the same year.BackgroundTraditionally, Inco Limited's mineral exploration has concentrated on nickel and other base metals but since the early 1980s Inco's exploration activity has focussed strongly on precious metals, principally gold. As a result, three deposits have been discovered and developed . In order to accelerate the establishment of a strong gold mining enterprise with its own specific growth and profit objectives, Inco Gold Company was created in 1987 as an unincorporated business unit. At the end of 1988 Inco Gold's share of drill-indicated gold reserves was approximately 14 million short tons containing 3.4 million ounces of gold.At Casa Berardi in northwestern Quebec, one mine is in production and another is planned to open in 1990. Properties at Crixas in Brazil and at Jardine, Montana, U.S.A., were being readied for production in 1989. By 1991, Inco Gold's share of gold production is expected to be 125 000 ounces with a target of 400 000 ounces annually by the mid-1990s."

Jan 1, 1990

By James J. Roettger, Robert J. Mitchell

"The results of a series of model stope pours designed to investigate working pressures on bulkheads during hydraulic pouring of classified tailings backfill are reported. Total bulkhead pressures and fill water pressures were monitored under the condition of a fully saturated backfill. Similitude of the model testing is discussed and equations are developed to estimate bulkhead pressures under prototype conditions. The model results show that good base drainage, combined with a bulkhead setback, can reduce the expected bulkhead pressures to values such that timber or concrete block structures should be capable of supporting a saturated backfill. Introduction Bulkheads are used in underground running operations to block drift openings in order that hydraulically placed sand backfill can be contained in stope pours. Whenever possible, the sand fill is designed to have sufficient percolation rate so that excess hydraulic transport water will gravity drain out through the bulk headed drifts. This avoids costly decanting systems. Early bulkhead design assumed that the bulkhead pressure could be as high as 0h = Hy where H is the fill height and ""y is the saturated unit weight of the fill (Thomas et al., 1979)(1). A typical design pressure for a 50 m fill height would be 1250 kPa giving a design force of 12,500 kN on a bulkhead located in a drift of 10m2 in area . Typical bulkheads were 1 m thick heavily reinforced concrete structures formed and poured into a notched drift. Not only were these expensive structures but the associated problems of inside drainage systems and curing time delays increased production costs. As experience with bulkheads for large bulk pours increased and fill pressure measurements became available [see, for examples, Libby et al., 1975(2), Askey et al., 1978(3)] , 'free drainage' timber and concrete block bulkheads were designed. Substantial savings have been realized using these types of bulkheads but greater engineering design and monitoring of backfill pours is necessary to ensure that backfill pressures do not exceed the bulkhead design pressures.The effective and total stress components of fill pressure, the engineering concepts associated with the 'free drainage' design and some detailed design considerations have been discussed by Smith and Mitchell (1982)(4) . It is important to the safe use of these designs, however, that the basic engineering concepts be demonstrated and communicated to those responsible for the day-to-day backfill operations. This paper describes and explains observations from a series of model studies designed to measure bulkhead pressures in a saturated fill."

Jan 1, 1984

By C. Zangerl, T. Strauhal, S. Perzlmeier, M. Holzmann

"In high mountainous regions, deep-seated rock slides are often observed in foliated metamorphic rocks such as paragneisses, micaschists and phyllites. Given that comprehensive investigations of deepseated rock slides are extraordinary costly and therefore are rare, most studies are related to investigations in the surroundings of infrastructures and human settlements. In the framework of this study there is an excellent opportunity to gain new insights in the fundamental processes and mechanisms of slowly moving deep-seated rock slides from a case study in the surrounding of a large dam reservoir in Austria. New fundamentals for comprehensive slope stability analyses and hazard assessments and sound prognoses focussing on the long-term stability and deformation behaviour of slopes under changing boundary conditions (e.g. impounding of a reservoir) and/or concepts for mitigation measures can be obtained. Within this contribution, geological field surveys, deformation monitoring, geophysical and drilling data were analysed and presented. Based on the compiled and analysed data, some key-properties of the rock slide will be presented, whereby special attention will be given on the geometry and internal structure, the slope kinematics, as well as hydrogeological and geomechanical aspects.INTRODUCTIONIn high mountainous regions, deep-seated rock slides are often encountered in highly foliated metamorphic rocks such as paragneisses, micaschists and phyllites (Agliardi et al. 2012). Critical situations may occur when deep-seated rock slides fail in a rapid manner characterised by very high sliding velocities, and/or when they develop into long run-out rock avalanches. However, many rock slides in foliated crystalline rock masses either do not move at high velocities nor do they accelerate seriously and form extremely rapid slides. Displacement rates in the range of a few millimetres or centimetres per year are common for this type of rock slide (Bonzanigo et al. 2007, Tentschert 1998, Watson et al. 2007). Nevertheless, some case studies show an activity behaviour characterised by acceleration phases reaching velocities of even metres per day. However a slope collapse is not expected and these slopes decelerate to much lower base activities. The trigger for these phases can be manifold and include heavy rainfall and snow melt, initial reservoir impounding and water level fluctuations, changes in the slope’s equilibrium state due to antecedent slow deformation processes, ongoing erosion processes along the toe of the slope, and others (Zangerl et al. 2010)."

Jan 1, 2015

By J. W. Smith, J. Van Dusen, A. Papachristodoulou

"As part of a study to evaluate factors affecting tankroom air quality, the mechanism of aerosol generation from bursting bubbles in electrowinning operations has been investigated. Typically 2 to 3 mg/m2.s are produced in zinc tankrooms. Analysis shows that the rate of production of film drops (geometric mean diameter - 2 urn] increases with decreasing bubble size, and that jet droplets (geometric mean diameter - 20 um) are not produced with gas bubble larger than - 4 mm. Both mechanisms of drop formation and current efficiency are affected by surface active agents, with an over-all reduction in emission of up to 60% to 70% being achievable. A source control system which does not adversely affect electrolyte properties is always preferred, and coalescence of all gas bubbles in to a continuous stream of gas at a single point on the electrolyte surface would eliminate aerosol emissions. This objective was the basis for design of a coalescence device which, in laboratory tests, reduced the emission rate by over 95%.The control device fit s over the electrodes in the electrowinning cell and is partially immersed in the electrolyte. A number of changes in the design which resulted in significant improvement in the performance of the device are reported.Field tests have shown that only about 75% of the aerosol below 10 um can be eliminated by coalescence. The remainder (up to 95% of the total) is controlled by coalescence of droplets, by impaction on the exposed collector surface and gravitational settling.The device does not interfere with operation of the tankroom, handles the effect of surges in power during harvesting, and is simple and inexpensive to maintain. IntroductionDuring the electrowinning of metals (such as zinc and copper) gases are evolved along the electrode surface forming small bubbles. The bubbles travel upwards and burst on the electrolyte free surface generating, in this way, small droplets. Because the electrolyte is often highly acidic or contains toxic materials, the whole process can result in the formation of an aerosol in the atmosphere above the electrowinning cells which poses a serious health hazard to workers in the area, and corrodes equipment."

Jan 1, 1988

By E. M. De Souza

"The mining industry has developed a strong need for monitoring underground openings since bulk mining, used for increased productivity, has become the dominant mining method industry wide. The large stopes associated with bulk mining methods generally have to remain open and stable for several months, and monitoring is essential to provide an indication of ground response to mining and stope stability. The instrumentation data is also important during design optimization, which is used to maximize recovery, to minimize the dilution of ore and to minimize costs. Monitoring is essential to implement safety and is also critical in stope and mining sequence designs. The safety related aspects of monitoring include the protection of underground workers and the prevention of accidents by providing early warnings of the onset of any ground instability. The design related aspects of monitoring involve the development of data bases used for stope dimensioning and mine sequencing and timing and the monitoring of ground behaviour as a result of mining to verify the validity of the design thus allowing for remedial action during operation.Manual instrumentation data collection is, in a number of cases, economically unfeasible and, in many situations, dangerous as instrumented areas become inaccessible or extremely unstable. Also, because more and more complex instrumentation is being installed in underground operations, in several cases it becomes practically impossible to collect readings manually. The design and development of low-cost acquisition systems for mine wide monitoring would thus constitute an important step toward automation in excavation instrumentation. A unique menu-driven automatic 32-channel analog data acquisition and analysis system with a built-in rock failure warning mechanism has been designed and developed. This low cost acquisition system is capable of receiving, processing, displaying and storing the transmitted instrument data remotely and automatically. Computer software has been designed to provide data reduction and analysis immediately in the field and to automatically display results in graphical form for quick interpretation. Automatic data interpretation is used to show trends in rock mass behaviour and the system can be used to provide early warning of rock failure to the mine personnel working in there so that immediate remedial action can be safely taken."

Jan 1, 1992

By Robert J-M Ethier

"Sequential blasting has been introduced at Mines Gaspe to reduce the harmful effects associated with the instantaneously primed blasting method. Three stages of modifications had been tried to improve this method: trials of a rectangular pattern instead of the square one, trials of lengthened hole collars at the perimeter of the blast and trials of increased inter-row delay intervals from 35 to 50 ms. Results showed that improvements to the instantaneously primed blasting method were limited by the probability of increasing the number of bootlegs.Doing these modifications allowed the definition of a general approach to improvements before the sequential blasting method was introduced. This general approach included: planning of the mining sequence, following up on the drilling, loading and tying-in of each blast, compiling and evaluating blast results, comparing results from one bench to the other and moving along with one change at a time. This approach has permitted the successful introduction of the sequential blasting method in two steps: trials of blast by rows of delayed holes and trials of hole-by-hole blasts. The optimum result has been analyzed by high-speed camera and by computer blast simulations, The actual optimum sequential blast is obtained with a CORDLINE priming system using period 15, permitted in a large drilling pattern, with an intersequences delay interval of 230 ms and an inner-sequences delay interval of 50 ms.While these modifications were being introduced, a careful study of the drilling and blasting costs was made, which showed a sharp reduction of drilling cost per tonne. Even though there was an increased use of packaged slurry the blasting cost per tonne also dropped. The reduction in cost per tonne was explained by the fact that the average energy factor was maintained while the blasting pattern was expanded.The sequential blasting method, successfully introduced at Mines Gaspe, permits blasts of better quality, reduces the drilling requirements by more than 30% and helps to achieve improved productivity while minimizing costs."

Jan 1, 1984

By Jean-Yve Tremblay, Michel Prud'homme

"Industrial minerals include a group of more than fifty minerals which are marketed into almost all the sectors of industry; they are the backbone of many manufacturing industries. Table I shows major end-uses for industrial minerals in manufacturing sectors. At Energy, Mines and Resources, industrial minerals are divided in three major categories: (I) agro chemicals and chemicals, (2) construction mineral s, and (3) ceramics and specialty minerals. A listing of the major groups of minerals is shown in Table 2. Agro-chemicals and chemicals are sold on the basis of their chemical content and purity. Construction minerals or structural minerals are distinguished by their performance as low cost and bulky commodities. Ceramics and specialty minerals are performance-specific and are sold for their property on imparting functions on end-products. Industrial minerals have unique characteristics that are useful in many stages of processing; from crushed size to micronized fillers a single mineral ca n serve a broad range of industries because of its intrinsic properties."

Jan 1, 1988

By R. M. Bustin

"Extensive deposits of tectonically sheared coal of the Mist Mountain Formation occur in the south eastern Canadian Cordillera. The quality of the coal varies markedly; it is commonly partially oxidized and poor washability characteristics.Oxidation of the sheared coal has been promoted by its fine grain-size and by fractures in adjacent rocks which have facilitated penetration of atmospheric oxygen and circulation of oxygenated waters. Oxidation has resulted in a loss of coking power, a decrease in vitrinite reflectance, and an Increase In oxygen and decrease in carbon content.The relatively low clean coal yields of the sheared coal are primarily the result of the greater volume of mineral matter present, which in turn reflects both the greater susceptibility to shearing of coal with abundant rock partings and the shearing and dissemination throughout the coal of formerly discrete rock partings. The high ash content of some sheared coal seams may be artificial, resulting from the difficulty in distinguishing and separating sheared roof rock and floor strata from the coal seam during mining. There is little variation between the quality of the washed sheared and unsheared coal, with the exception of the somewhat higher ash content of the clean sheared coal compared to clean unsheared coal. This poorer separation of the ash from the organic fraction of the sheared coal is considered to be a product of the large amount of fines present as well as the local formation of aggregates of organic material and ash resulting from plastic flowage of the vitrite and clarite during shearing.IntroductionIn the southeastern Canadian Cordillera, coal seams of the Lower Cretaceous Mist Mountain Formation (Gibson, 1979 were in part sheared and comminuted during Late Cretaceous and Tertiary tectonism . Extensive deposits of sheared coal exist, and even in areas of mild deformation the coal may be locally sheared (Bustin, 1979). The quality of the sheared coal varies notably; it is commonly oxidized even far from the present weathering horizon, and locally has a disproportionately large amount of ash and poor washability characteristics even far from the present weathering horizon and locally has a disproportionately large amount of ash and poor washability characteristics."

Jan 1, 1982

By Zygmunt Wegrzyk

Poland is rich in hard and brown coal reserves, which have become the most important, and steadily developing, primary source of energy. With 192.6 mill. t of hard coal production and 40 mill. t of exports in 1978, Poland is fourth and second in the world respectively. The paper discusses the various mining methods adopted in the country's history of mining. Particular emphasis is placed on longwails, their mechanization and equipment assembled in the form of fully mechanized face complexes suited for varied geological conditions. Measures to improve the recovery ratio of coal resources are dealt with. investment efforts undertaken in the coal industry are outlined. An account is given of the ever improving techno-economic results of coal mining. The country also exports a wide range of mining equipment and transfers its well-founded technical know-how to others. There are strong cooperative links with many foreign partners.

Jan 1, 1979

By J. M. Skeaff

"The main solution, ore and residue pulp streams in the Rio Algom Quirke I uranium mill at Elliot Lake have been sampled and analyzed for radium-226. Analysis of the ore and leached residues indicates that Ra-226 dissolves and precipitates within the first pachuca tank. A maximum of approximately 0.2% of the Ra-226 in the ore remains in solution during leaching.IntroductionConcern over the acid drainage and radionuclide dissolution problems associated with uranium tailings disposal sites in Canada has prompted investigation into methods for improving current uranium processing practice.Present commercial practice usually involves leaching of the uranium ore with sulphuric acid, ion-exchange separation of the uranyl sulphate complex from the leach liquor and"" precipitation of the uranium as yellowcake. Daughter products of U-238, such as Th-230, Pb-21O and Ra-226 remain with the tailings and undergo long-term dissolution.Table I summarizes the probable behaviour of the radionuclides during milling. The concern here is with Ra-226, because it will deposit in the bones if ingested and is ""thus considered a serious health hazard(1), Similarly, Po-218 and Bi-214, which are daughter products of Rn-222, can be retained in the lungs and are considered to be the principal sources of radiation dosage(2) arising from the inhalation of Rn-222. Previous investigations(3-9l indicate or imply that Ra-226 undergoes redistribution during milling. However, detailed published information on the behaviour of Ra-226 in the uranium milling process appears to be lacking. A knowledge of the behaviour of Ra-226 in uranium mills, particularly during leaching, could lead to improved methods for its control.This paper reports the occurrence of Ra-226 in the Rio Algom mill. The main objectives of the study were to determine (1) the distribution of Ra-226 within the solids, (2) at what point, and how rapidly, redistribution occurs and (3) whether there are high concentrations of Ra-226 in solution."

Jan 1, 1981

By Atulya Verma, Samantha Espley, Nashel Kalaka

Numerical modelling simulations of proposed mining sequences are used to evaluate mining induced stress concentrations and their migration associated with the progress of mining. This analysis is a standard practice for most prospective mining projects at various levels of feasibility study. The studies are usually initiated at the beginning of the mining cycle, on a global scale, and are maintained and updated throughout the life of mine (LoM) to identify or address local issues and the required remedies as and when needed. Developments in numerical modeling techniques along with advancements in computing technology and data storage/management capacity have given rock engineers access to a huge volume of data that needs to be analyzed and assessed. The most common approach to numerically evaluate stress concentrations and migrations in underground mines is to select the points of interest in a given volume such as the back of an excavation or points within pillars around critical infrastructure, and plot the stresses or a derivative of stresses over time to represent life of mine concentrations and migrations of stresses. The problem with this approach is the sharp gradient of stresses close to excavation boundaries. Slight changes in the location of selected points can change the stress concentration and migration patterns substantially and all generalized statements about LoM risk can be challenged in one way or another. For global stresses, the most common current approach of data analysis is by viewing series of pictures representing stress contours. In this approach, it is easy to overlook some critical detail and/or be masked by personal preferences of contour/picture representation. To overcome the problem of representing and analyzing huge volume of stress simulation data, the authors, through their experience at different mining operations, developed a volume-based technique to reliably evaluate mining-induced stress concentrations and migrations. The volume-based approach is for risk-based assessments of adjacent regions in the rockmass, in and around planned stoping excavations. The volume of interest is the entire ore body that is planned to be mined, but it could be just a part of the ore body depending on the specific use case. The risk identifiers are the induced stresses as compared to the strength of the rockmass. Over the LoM, the risk identifiers are tracked versus the corresponding excavation ratio of the zone. This approach is very effective in identifying the stages of mining that are contributing the most to the mining induced stress risk and the results can be used for proactive planning and mitigations measures such as alternative mining sequences, or stope sizes, or extraction methods. The approach has also been very successful in application at mature mines, particularly in assessing the re-initiation of mining in zone that has been dormant for some time. The volume-based approach allows for an assessment of the current state of the rockmass and the identification of future risks when planning resumption of mining activities.

Jan 1, 2023

By L. Henry Smith, David C. Arthur

"The Williams Mine is Canada’s largest gold producer, with annual production of 450 000ounces from 2 300 000 tonnes of ore. Highly mechanized and automated underground mining practices are employed in order to achieve and maintain high levels of productivity and minimize costs.The mine ventilation system is modified to include a new vent raise and variable pitchvane-axial fan. This addition allows several fan installations underground to be decommissioned. A substantial net savings in installed horse power is achieved.Heating costs associated with under-ground ventilation air are a significant portion of mine operating costs. Air heating costs are substantially reduced by recovering heat from upcast exhaust air, minewater and compressor cooling circuits. This waste heat is used to supplement propane fired air heating systems for underground ventilation air. An additional benefit is the availability of a heat sink for summer cooling of the compressors.System design, energy savings data and payback calculations are presented."

Jan 1, 1996

By Tetsuya Yumoto, Toshikazu Shiratori

Information on the elements contained in E-Waste is important from the viewpoint of recycling. We analyzed several components of waste electrical and electronic equipment (WEEE) collected from citizens. The distributions of the minor metals in WEEE were determined with elemental mapping and chemical analyses. The annual change in elemental composition was investigated by analyzing equipment manufactured in different years. The information will be of use for separation techniques required for future advanced recycling.

Jan 1, 2011

By J. B. Evans

"NORMALLY the duties of the exploration engineer and geologist cover the initial, and possibly, the most important phase of mining property evaluation; that phase being the presentation of an opinion of the property's ore reserve potential in terms of tonnage and grade. The prime objective of this pa-per is to outline one method of bridging the wide gap that lies between a know ledge of a property' s tonnage and grade potential and an appreciation of the value of that property in dollars and cents.THE PRESENTATION OF PROPERTY EVALUATIONThe engineer engaged on a mining property evaluation, regardless of whether he be an independent consultant, or a company employee, has as his goal, the presentation of his appreciation of the property's potential value or worth within terms of reference acceptable to his principal.To furnish a complete evaluation report, the evaluator must firstly study all aspects pertaining to the particular property under consideration, then present his appreciation of the property's worth in some tangible form. The ultimate presentation is one giving a Present Value of the pro pert y in terms of monetary exchange. Such an idealistic presentation is not always possible; typical preventives being -insufficient reliable information, limited time, Jack of ability and absence of definite direction."

Jan 1, 1960

By Julian Baldry

"This paper begins by describing the parameters of high-speed underground tracked drifting operations and the mucking cycle, and-discusses their variations. The railbound Haggloader 8HR is then described, as well as the Hagglund shuttle trains, outlining the advantages and disadvantages of the system. A comparison with conventional mucking operations is then given.IntroductionDrift and tunnel rounds are mucked by one of two major methods, either trackless with diesel loaders and trucks or with track loaders and cars. The aim of this paper is to compare the conventional tracked mucking cycle with the Hagglunds system alternatives.For many years, the traditional method of attacking the mucking cycle has been with a rocker shovel loader, a string of cars and a locomotive. The rocker shovel loads the first car and when full it is taken to a side drift, cherry picker or some other transfer point and is exchanged for an empty one. This empty car is then pushed back into the face and the loading continues until all cars are full . Then the whole train is taken out to a dump point where the cars are emptied. Normally the train's capacity is less than the volume of the muckpile, so the cars go back to the face. This loading cycle is repeated until all muck is removed from the heading. The last train out from the heading usually takes the loader and parks it in a side drift before continuing on to the dump where the cars are emptied.This simplified version of the traditional loading cycle excludes the ancillary work elements such as track laying and so on, but does point out that the cars must be transferred when full and that the whole train normally makes at least two round trips from the dump to the face. The prime aim in drifting is to cycle a round whithin a working shift which necessitates that no one part absorbs so much time as to prevent the completion of the cycle.Mucking, drilling and loading and the ancillary work such as rock bolting, vent and service pipe hanging typically each take one-third of the available work time. Drilling or mucking can and often do, because of various factors, take nearly half of the total cycle time. Once any segment of the operation starts to take this portion of the shift, the likelihood of missed rounds becomes increasingly greater."

Jan 1, 1981

By Robert T. McKnight

"Traditional techniques for valuing resource projects companies have been primarily based on discounted cashflow methods (DCF) or by comparison to similar projects with an apparent market capitalization. Many resource projects are really forms of options to invest rather than a future cashflow stream. Employing the DCF method to value a resource project which is really an option to invest, can dramatically underestimate the real value of the project. The analytical tools required to evaluate options, while more complicated than the usual spreadsheets used for DCF, are becoming more easily available and usable by managers. This paper will discuss the background of options valuation and some of the tools which will make it easier for managers to estimate the value of projects and companies which have significant real option values.ResumeBob McKnight is a graduate of the University of British Columbia in Geological Engineering, supplemented by an MBA from Simon Fraser University. Following several years in the oil patch with Cities Service and Brascan, Bob returned to Vancouver in 1979 to work for Wright Engineers. He subsequently went on to work for Cassiar Mining, Getty Resources and Endeavour Financial before joining Pincock Allen & Holt Ltd. in 1998. His experience ranges from exploration to feasibility studies, financial evaluations of mining and oil & gas projects, due diligence, project finance, valuations and mergers and acquisitions. He has extensive international mining experience pertaining to such countries as Chile, Mexico, Uruguay, Thailand, Indonesia, Angola, Papua New Guinea, Kazakhstan.What are Options?Options have been around for centuries. They were familiar to Roman and Phoenician traders who were shipping cargoes from Mediterranean seaports. In the financial world, options are types of contracts that generally include the right, but not the obligation, to buy or sell a share, currency or commodity. The underlying commodity price or share price changes are assumed to be lognormally distributed. In this context, options are of two general types, ""call"" options and ""put"" options. Call options have the characteristic of having the right to buy a tradable commodity or currency at a predetermined price for a specified period of time. For the owner of call options, they become more valuable as the price of the underlying commodity increases. For the seller of call options, these options become an increasing liability as commodity prices rise, since there is the obligation to sell the commodity at a predetermined (perhaps lower-than-market) price. This characteristic of call options recently became high profile with the sharp rise in gold prices last year. The value of gold call options sold by certain producers increased their associated liabilities to the point where margin calls were made."

Jan 1, 2003

By Grant Arnold

Le Camp Minier de Matagami est situé dans la ceinture volcano-sédimentaire Harricana- Turgeon appartenant à la Province du Supérieur, sous-province de l?Abitibi, au Québec. Les gisements de métaux de base polymétalliques sont retrouvés exclusivement dans les deux domaines lithotectoniques comprenant l?association basalte-rhyolite (Matagami-Brouillan et Joutel-Raymond). Tous ces dépôts, à l?exception de ceux de Selbaie, sont de type exhalatif et représentent des dépôts volcanogènes à Zn-Cu, typiques de l?Archéen. Le complexe volcanique de Matagami est constitué principalement de deux phases de volcanisme tholéïtique. Les dacites et les rhyolites du Groupe de Watson, représentent la phase la plus précoce et celles-cis sont recouvertes par la seconde phase qui est constituée majoritairement de roches intermédiares à mafiques intercalées d?horizons felsiques, formant le Groupe de Wabassee. Un sédiment chimique sulfuré, la Tuffite Clef, marque le contact et l?hiatus entre ces deux groupes. Cette tuffite est reconnue à la grandeur du flanc sud du camp minier et représente l?horizon favorable à explorer puisque sa déposition a correwspond à une période d?intense activité hydrothermale. Le complexe volcanique de Matagami est limité au nord et au sud par des bandes sédimentaires orientées est-ouest, connues respectivement sous les noms de Groupe de Matagami et Groupe de Taïbi. Le Complexe intrusif de la Rivière Bell, qui occupe la base du Groupe de Watson, est un complexe lité consistant en une séquence stratifiée gabbroïque avec localement des niveaux stratiformes à concentrations d?oxydes magmatiques, la bordure de ce complexe est marquée par la présence d?un horizon granophyrique. Cette intrusion synvolcanique prétectonique, représente probablement la source de chaleur étant à l?origine de l?activité hydrothermale observée dans les roches volcaniques sus-jacentes. Suite à un levé aéroporté, le camp minier de Matagami a vu le jour en 1956 lors de la découverte du dépôt de Mattagami Lake, un gisement volcanogène de 25.6 millions de tonnes. Depuis ce temps, un total de neuf gisements ont été exploités et un dixième, Bell Allard, est présentement en production. En date du 31 décembre 1999, la production historique du camp s?élevait à plus de 41 millions de tonnes. Cette présentation mettra l?accent sur la géologie des récentes découvertes dans le prolifique camp minier de Matagami. Les ressources publiées pour le dépôt Persévérance sont de 947,000 tonnes titrant 19.12% Zn, 1.37% Cu, 32 g/t Ag et 0.40 g/t Au. Deux autres découvertes, Équinoxe et Persévérance Ouest contibueront à la ressource globale. Les trois dépôts sont situés au niveau de la Tuffite Clef même si les roches sus-jacentes ne sont pas celles typiquement observées dans les autres dépôts du flanc sud. Ces découvertes sont le résultat d?un programme d?exploration ciblé et soutenu, démontrant ainsi la possibilité de découvrir de nouvelles ressources même dans les camps miniers comme Matagami qui ont été explorés intensivement depuis plus d?un demi-siècle.

May 1, 2001

By Allan R. Punkkinen

Safe extraction of the valued ore resource in the deep levels of VALE Creighton Mine has progressed in a pillar-less fashion using vertical retreat, slot-slash and uppers retreat methods since the cessation of ?cut and fill? mining in the late 1980?s. Sequencing of the panel extraction and filling has been the key to successful exploitation of high stress orebodies at depth. In late 2010, discussions between the Operating Department and Creighton Ground Control revealed an opportunity to evaluate a trial primarysecondary sequence in the west end of the 400 Orebody at the 2340m horizon. To manage the trial primarysecondary project, a high level risk analysis and management of change was carried out to mitigate potential danger. As part of the requirements, an instrumentation project was conducted in the hanging wall and footwall bottomsills of the secondary panel and within the secondary panel itself. The extraction sequence was modeled with Map3D® software, confirming high stress levels with the advance of the primary panel. Enhanced ground support was installed based on modelling results. A key objective of the instrumentation project was to verify support system response to mining and to obtain knowledge in regards to the behavior of the stope. This paper describes the first time that this type of new innovative instrumented rockbolt technology had been used in a hard rock mining environment. Understanding of the physical deformation mechanisms of ground support in response to high stress conditions is the basis for an effective ground control strategy. The data played an important role in subsequent enhanced ground support system design at the mine and importantly, established the fact that the secondary pillar had not totally failed. Subsequent cavity monitor results helped establish that fact.

Jun 1, 2012