Search Documents

By Francoi Robert, Andre J. Audet, Alex C. Brown

"The Sigma gold deposit is in a band of deformed metavolcanic rocks that are cut by an irregular mass of porphyritic diorite and by narrow undeformed feldspar porphyry dykes. The gold is in veins consisting mainly of quartz and tourmaline with minor pyrite, carbonate, chlorite, scheelite and free gold. The results presented here concern the structural setting of the ore and are based on a study of the mode of emplacement.Two principal types of veins have been recognized: subvertical and oblique veins. Both types are contemporaneous, mechanically linked and postdate regional deformation. The sub-vertical veins are composed of numerous mineralized lenses that occupy the central part of ductile shear zones of great lateral and vertical extent. Normally, several lenses occur in the same shear zone. The vein material seems to have resulted from incremental filling of openings by repeated vertical movement along rupture planes developed in the central part of the shear zones.The oblique veins are small elliptical lenses of ribboned vein material which formed essentially by progressive vertical opening of oblique fractures. Two types of oblique veins are known: one is restricted to feldspar porphyry dykes, within which they are arranged in an en-echelon fashion; the other is of greater extent and is not restricted to one rock type, but tends, however, to occur in the more competent porphyritic diorite.Vein orientation and mode of formation suggest that both sub-vertical and oblique veins developed during progressive deformation associated with the formation of the ductile shear zones. The latter probably formed in response to a compression that took place late in the tectonic history of the host rocks at Sigma."

Jan 1, 1983

By L. M. Pidgeon

"Part I. - PrinciplesIntroductionIf the oxides of the metals are listed in decreasing order of the magnitude of their heats of formation, the list appearing in Table 1 will be formed. It will be apparent at once that this is essentially the well-known electrochemical series (Table li). The metals at the bottom of the list exhibit great stability and are attacked only by the most violent of chemical reagents. Higher on the list, the metals become more reactive until, at the head of the list, the metals lithium and calcium are unstable in moist air.The reactive metals to be considered lie above manganese. In this group will be found familiar and abundant metals such as aluminium and magnesium, the unfamiliar yet abundant metal titanium, the rare and mysterious metal beryllium, and others of greater or less interest.While these metals exhibit properties as unlike as those of uranium and magnesium, they have in common a specialized and difficult extractive metallurgy. They form compounds of great stability, and their reduction is to varying degrees difficult. The position of a metal in Table 1 (and more particu1arly its position in the free energy column) gives a numerical value to this property.Oxides with low free energies of formation may be reduced with great ease; thus silver and mercury may be produced from their oxides by simple heating in air.Lead, iron, and zinc may be separated from their oxides by heating with carbon to moderate temperatures. Magnesium oxide, on the other hand, .requires a high temperature and very special conditions before it will yield magnesium metal."

Jan 1, 1950

By D. G. Sinclair

In any discussion on the subject of mine-safety, it is well to honestly face the fact at the outset that mining is a hazardous occupation and that certain inherent dangers attach to the work, which, in spite of the greatest vigilance on the part of everyone concerned, will from time to time exact their toll of in jury or death from the underground worker. Great progress has been made of late years in narrowing down the range of these necessary risks, and, illustrative of what can be done along these lines by concerted effort, it is pleasing to read from time to time of large operating mines running for weeks, months, a year or more, without a single lost-time accident. To achieve any results in the work of accident prevention it is necessary, first, to have a definite goal, such as a no-accident period, be it a week, a month, or a year, to aim at; and, second, to set up definite standards to work by. The legal code of regulations should form the basis of all standards of work at every mine and should, for this reason, cover as far as possible all conceivable phases of operation. This represents the ideal, but in practice it is unattainable, largely because of the many variables that must be considered, due to the divergence in the scale of operations and to differing geological conditions at the different mines. Hence it becomes necessary for the operator who wishes to attain the maximum in the establishment of high standards of safe operation to so amplify the code as to meet the peculiar requirements of his operation.

Jan 1, 1930

By E. Ghali, C. Su, G. Houlachi

"The influence of lead ions on zinc electrowinning process was investigated by means of electrochemical noise measurements (ENMs) and cyclic voltammetry in conjunction with scanning electron microscopy and X-ray diffraction. All electrochemical experiments were performed in sulphuric acid electrolyte containing different lead ion concentrations as impurity. Lead was added in six trace levels between 0.05–0.8 mg/L in the bath. The lead content of the zinc deposits was dependent on the introduced lead concentrations. The overpotential associated with zinc electrodeposition shifted to higher values with the increase of lead concentration in the solution. An appropriate correlation was found between the different concentrations of lead in the electrolyte and the morphology of zinc deposit by ENM. The results showed that the increase of lead ion concentrations is generally accompanied with the decrease of skew and increase of kurtosis values that could be related to the morphology of zinc deposit. Effectively, the morphology changes from well-defined hexagonal platelets to large hexagonal, layered platelets and finally to non-symmetric refined crystalline structure, respectively.INTRODUCTION In commercial zinc electrowinning, zinc oxide is leached from the roasted calcine with an aqueous acid sulfate electrolyte. Then the zinc-rich solution is purified and transferred into an electrolytic cell. During electrolysis, zinc is deposited on aluminum cathode where lead-silver or pure lead is served as anode. Electrodeposition of zinc could be influenced by several parameters such as bath acidity, temperature, current density, the nature and concentration of impurities as well as additives in electrolyte. Metallic impurities play a complex role during zinc electrowinning and they can adversely"

Jan 1, 2016

By Qian Liu

Mining in highly stressed ground conditions has been an increasing challenge at the Brunswick Mine. Two large regional pillars were established on the 1000 m Level to support the ground for safe extraction of the surrounding ore. The South Regional Pillar contains about 5 million tonnes of ore and the North Regional Pillar has about 3 million tonnes of ore. In the fall of 2000, mining activities were suspended following a series of ground movements around the South Regional Pillar along weak geological structures. After extensive geotechnical investigations, a decision was made to carry out a mass destress blast in the West Ore Zone (WOZ) to cut the principal stress across an area of 135 m along strike and 86 m high. At the end of July 2001, the WOZ mass blast was successfully initiated. Following this success the mine decided to take a similar approach to destressing the North Regional Pillar (NRP). The final mass blast was taken in early February 2003. Advanced blasting technologies, including state of the art electronic detonators and blast simulation, played an important role in achieving the successful blasts. The high precision of delay timing and long delay duration of the electronic detonators ensured accurate and reliable initiations of over 800 blastholes in the WOZ mass blast. Orica?s DMC_Blast (Distinct Motion Code) simulation code was used to study different blasting blocks for the desired timing in the initiation sequence. This paper describes the process of applying electronic detonators in complex blasts, and discusses how blast simulation results were interpreted to guide engineering design of the mass blasts.

May 1, 2003

By Hung-Ming Chen

This paper presents a Cloud-based system framework for providing a web-based building information model (BIM) service. Cloud computing technologies were used to develop a BIM data center, which can handle the big data of massive BIMs using multiple servers in a distributed manner. In addition, the system allows multiple users to access the BIM data center online to submit and review BIMs concurrently. In this study, the advanced technologies/tools of web development and Cloud computing were applied and incorporated to develop a prototype system, named CloudBIM. On the client side, this study applied WebGL and HTML5 in the web-based interface development to achieve the 3D display of BIMs and the dynamic interaction with viewers through browsers. Users can access the services of CloudBIM by using PCs, laptops and tablets anytime anywhere to view the 3D model via browsers, which support WebGL. On the server side, this study used Apache Hadoop, an open-sourced distributed file system based on Google?s technologies, to establish a BIM data center. The Hadoop Distributed File System (HDFS) can utilize multiple servers to provide mass storage spaces in a distributed manner. Based on the use of Apache HBase, which provides Bigtable-like structured storage for HDFS, this study proposes database schema for storing the information from massive BIMs in two bigtables, named Object table and Property table respectively. In addition, Hadoop MapReduce, a Hadoop component for the parallel processing of large data sets, is utilized for model data acquisition by parsing the IFC files of uploaded models in parallel.

Aug 1, 2013

This growing dependence of Canada upon foreign mineral commodities, just referred to, applies particularly in the direction of the United States. There is, in fact, no more significant feature of Canada's mineral trade than the manner in which it affects the Dominion's commercial standing with that country. Our heavy adverse balance of trade with the United States is perhaps not a matter of such wide concern or frequent comment as was the case two or three years ago. It is, of course, a well-known fact that the Dominion each year buys from the States a volume of goods to a value enormously in excess of our sales to that country. And it has come to be accepted as a ?normal, though not altogether satisfactory, feature of our international commerce that a huge portion of the bill incurred by our American purchases must be met, not by our American sales, but by the proceeds of our sales to other countries, not-ably Great Britain. It is a three-cornered situation in which our trading deficit with the United States is covered largely by our trading surplus with the United Kingdom. In this situation the mineral trade plays a remarkable part. If one delves into the details of our transactions with the United States it will be found that, in one sense, the mineral trade is entirely responsible for the huge annual balance against the Dominion. In fact, Canada gets decidedly better than an even break on Canadian American trade, if one leaves out of account the three mineral groups, "iron and steel", "non- metallic minerals", and "non-ferrous metals".

Jan 1, 1924

By V. Feldman, I. Holl, J. Zampini

"The Renard Mine, 100% owned by Stornoway Diamonds, is located approximately 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of north-central Québec. The project benefits from a large and growing resource, good mining conditions, strong social acceptance, a modest environmental footprint, and the development of direct-to-mine road infrastructure. Construction began on July 10, 2014; following the completion of a 946 million CAD project financing transaction. Now completed, the mine is the first diamond mine in Québec, and one of only six in Canada, employing approximately 500 people. First ore was delivered to the plant approximately 5 months ahead of schedule on July 15, 2016. Commercial production was declared on January 1, 2017. In general, the project ramp up has been characteristic of a type 1 McNulty curve. One of the challenges during production ramp-up was a redesign of processed kimberlite dewatering (replacing the dewatering centrifuge with two stages of hydrocyclones and a dewatering screen). A processing opportunity captured by Stornoway was the design and installation of an ore sorting facility which rejected free waste rock from the valuable host rock; kimberlite. Through tackling both challenges and opportunities, Stornoway has realised and is now exceeding their original design tonnage.PROJECT DESCRIPTION Stornoway Diamond Corporation (Stornoway) was established in 2003 resulting from to a plan of arrangement between Northern Empire Minerals Ltd. and Stornoway Ventures. In 2011, Stornoway acquired 100% interest of the Renard Mine. The construction of the Renard Mine began in 2014 and achieved full production in 2017 [1, 2]."

Jan 1, 2019

By J. Lovering, M. Allan

"INTRODUCTIONThe Afton Mines property is located 180 air miles east-northeast of Vancouver and nine miles west of Kamloops, a city of 60,000 people in south central British Columbia. The deposit is located adjacent to the Trans-Canada Highway at an elevation of 2,231 feet above sea level.Interest in the property dates back to 1898, when a 330 foot shaft was sunk on the Pothook claim immediately south of the existing operations. Since that time many companies and individuals have investigated the possibilities of the area but it was not until 1972 that Afton Mines Ltd. located a significant zone of copper mineralization. The feasibility study was completed in the period 1974-1975, by Teck Corporation Ltd., who control Afton through 50% direct ownership and 65% ownership of Isa Mines, who own a further 23%. Construction began in March, 1976. Ore production started in August, 1977, and the first ore was fed to the mill on December 8. This was the third mine to be brought into operation by Teck since 1975, the others being Newfoundland Zinc and Niobec.The orebody is a porphyry copper deposit which has undergone supergene alteration. It is 1,700 feet long in a west-northwest by east-southeast direction, 300 feet wide and dips at 55° to the south. The mineralization in the supergene zone, which accounts for two-thirds of the known deposit, is rather unusual in that the copper is present primarily as native copper and chalcocite. The grade is one percent with the distribution: 70% native, 25% chalcocite, and 5% chalcopyrite with bornite, covellite, and cuprite."

Jan 1, 1979

By H. Ewaschuk

"INTRODUCTIONRio Algom's Stanleigh Mill in Elliot Lake began production in June of 1983. The highly instrumented mill treats uranium ore at an average rate of 3900 metric tons per day. To help ensure a good start-up and low operating costs, an extensive training program was undertaken prior to and during start-up. This presentation describes how an unconventional operating crew were combined to form an operating unit with a high efficiency in terms of production and labour utilization. I would like to point out at the outset that the operating philosophy, and the role of the supervisors and the operators as set up at Stanleigh is not unique. Indeed, I have seen the same results at a couple of small plants where efficiency meant survival. However, these situations appeared to be the exception, and it was not readily apparent how similar results could be obtained in a larger plant. A factor that existed at the time was low labour turnover. As in most parts of Canada, jobs were easy to get in the Elliot Lake camp in the late 1970's. This, and other factors, contributed to an unusually high labour turnover. This changed dramatically in the early 1980's. Indeed, Rio's two other operating mills, Quirke and Panel reduced crew sizes at this time to reduce operating costs. As a result all of Stanleigh's operators came from Quirke and Panel with experience varying from 4 to 7 years. The experience that operators had was obviously of benefit and served to reduce the scope of the training program from what would have been required with inexperienced personnel."

Jan 1, 1985

By J. T. Furey

"A pilot plant study was conducted to evaluate the performance of column flotation in the recovery of gold from a gold/tellurides bearing sulphide ore, and to compare the performance of column flotation to conventional ""mechanically agitated"" flotation.Tests were conducted in a 60 liter glass column with ground flotation feed split from a concurrently operating conventional pilot plant, thus permitting direct comparison between the two processes. During the test program, the effects of wash water rate, gas holdup, froth depth, residence time and flow bias were examined in detail.The ore had an average ""as tested"" feed grade of about 5 g/t gold and 1 % sulphur, with the gold occurring primarily as inclusions of montbragite (Au2Te3) in pyrite, with minor amounts of native gold. Conventional flotation using 60 minutes residence time across four roughing stages recovered about 97% of the gold into concentrates grading about 50 g/t Au. A single stage of column flotation roughing using 25 minutes residence time matched the conventional circuit recovery of 97%, but produced grades of+ 150 g/t Au. INTRODUCTIONColumn flotation is the most significant innovation that has occurred in the mineral processing industry in recent years and has become an important alternative to mechanical flotation. Column flotation has been most widely accepted and applied in cleaning service where it has frequently proven to be superior to mechanically agitated flotation. Roughing in columns has not been ignored, but early testing indicated that columns may not be capable of achieving adequate recovery and, to date, columns have not been seen as serious competitors for mechanical roughers."

Jan 1, 1990

By P. Cain, B. Martens

"Grande Cache Coal (GCC), an investor-owned Alberta company, is in the final stages of the regulatory process leading to the resumption of coal mining in the Smoky River Coal Field of Alberta. Although many opportunities for low-cost, high-yield mining remained on the property, GCC opted for a long-term production plan that ensures stability for the local economy, sustainable use of the resources in the area, environmental responsibility and a satisfactory return for its investors.GCC entered the Alberta coal approval process in late 2000 with a public disclosure document. In October 2001, GCC formally submitted an application for mining approval and an environmental impact assessment (EIA) to the government and the public. The application covered the proposed Grande Cache Coal project, which includes the No. 7 underground mine, No. 8 surface mine and coal processing operations. The EIA provided a comprehensive investigation of environmental sensitivities in the project area, matched with environmental protection programs. The project is based on commencement of operations in late 2002. GCC’s plans are founded on a commitment to sustainable development and has framed this commitment in the context of a long-range mine development plan that will sustain the community of Grande Cache over the next 25 years. The Grande Cache coalfields offer extensive coal reserves and opportunities, for both surface and underground mining. Combining highly productive U.S.-style room and- pillar underground mining methods and conventional truck-and-shovel open pit mining, GCC’s approach to sustainable development encompasses community involvement and reclamation of mine sites to productive land uses after mining."

Jan 1, 2002

By Jean-Loui Frenetie, Françoi Himbeault

"Flow of traffic in the underground mine has been improved through the years with clever use of traffic lights. The evolution is characterized by three major design changes. This paper will scan the basic criteria of these designs.IntroductionMines Gaspe, formerly known as Gaspe Copper Mines Limited, is a member of the Noranda Group of companies. The mine is the ""raison d'etre"" of the town of Murdochville, located 600 m above sea level on the Gaspe Peninsula. Paved highways link the town with Gaspe, 95 km to the east, and with Anse Pleureuse, 400 km to the north, on the Gulf of St. Lawrence.The low-grade copper mineralization was discovered in 1921 at Copper Mountain by local prospectors, the Miller brothers. Noranda Mines Limited obtained an interest in the property in 1937. World War II interrupted exploration work and it was not until 195I that a decision was made to bring the property into production.Initially, operations were confined to the Needle Mountain underground deposits which commenced production in 1955. Between 1968 and 1982, low-grade ore from the Mountain open pit supplemented the production. Due to the depressed market, surface and underground operations were suspended in 1982. Needle Mountain underground mining resumed in the second half of 1984, but the Copper Mountain open-pit operation remained idle. Since 1979, more than 75 km of exploration drilling resulted in the discovery of two new deposits, one which is located under the town of Murdochville . Mines Gaspe's present ore reserve, approximating 8 million tonnes, will be depleted by the end of 1992."

Jan 1, 1988

By Y. A. Grinin, M. A. Liamina, V. A. Shumskij, Y. I. Sannikov, M. V. Radashin

"A brief history of the development of the Kivcet flash smelting process is presented. The broad scope of the process with an ability to treat high grade lead sulphide concentrates, as well as oxidized lead-zinc residues, is emphasized. Fine coal in the charge serves two purposes, one as auxiliary fuel and the other as a pre-reductant for ferric iron in residues. Current Kivcet operations incorporate a layer of coke or “coke checker” at the surface of the slag in the reaction shaft that acts as a reducing agent for flame products or slag that flow through it. Details of this invention, are given. IntroductionFor many years, the sinter-blast furnace lead smelting process has been the main internationally accepted method used for the production of primary lead metal. In recent times, this process has been unable to meet legislated environmental restrictions and it became clear in the mid-1960s that a new and cleaner process would have to be developed. The present level of Kivcet performance was developed in three main stages:1. flash smelting natural sulphide lead raw materials with the attached electric furnace for production of lead bullion and crude zinc;2. natural raw material smelting with lead and zinc separation in a “coke filter” or “coke checker” at the surface of the slag in the reaction shaft to produce lead bullion and ZnO-bearing slag that can be fed to conventional slag fuming; and3. processing of oxidized lead-bearing raw materials, such as low grade zinc plant residues, with the production of lead bullion and ZnO-bearing slag periodically directed to slag fuming."

Jan 1, 1998

By H. J. Chalmers

"Since the advent of large volume flotation machines, Cominco Ltd. has actively studied possible application of such machines to their various milling operations. A number of installations have been made and more are on the drawing board. This paper gives a description of these units, information as to choice of equipment, and information as to operating experience. Mechanical and operating details of six installations are summarized. Three different types of machines are discussed.Pine PointThe original Pine Point zinc flotation circuit comprised conventional roughing with two stages of cleaning. Over the years with increase in feed tonnage there have developed two adverse conditions; namely, a reduction in zinc concentrate grade coupled with an increase in MgO in the concentrate. This resulted in higher freight payments along with more severe smelter penalties. An intensive test program, in 1971, showed that the concentrate grade could be raised by 1.5 units of zinc along with a reduction in MgO from 0.8% to 0.47.. Subsequently this was done by adding two additional stages of cleaning using 16 cells of Denver 200-V's. The project was completed in January 1973 at a cost of $510,000 to give an estimated annual savings of about $390,000.Selection of the Denver Model 200-V was based on minimum floor space requirement, availability, and favourable operational and maintenance experience with Denver 100’s. As it happens it was possible to ""shoe-horn"" the 16 cells into place with a minimum of plant alteration. Some problems have been encountered with a tendency to ""sand up"" at high pH, particularly at the corners. Otherwise operational service has been very good."

Jan 1, 1974

By Li Xibing

The In order to mine safely with reasonable cost, it is necessary to research the fracture characters of backfill and its matches with rock mass. Four kinds backfill with cement-tailing ratio of 0.250, 0.125, 0.100 and 0.083 respectively were tested, and basing on stress-strain curves tested, the deformation characters and fracture laws as well as the damage constitutive equations investigated with damage mechanics whose calculating results are coincided with experiment results well were proposed. The results of damage analysis show that there have different damage characters in different backfill, e. g. the lower the ratio of cement to tailings the lower the damage values when stresses reach to peak value; the lower the content of cement the more rapid in damage and the more abrupt in breakage process. In addition, using catastrophe theory, an energy model was proposed for backfill and rock mass acted each other in mechanics, and the unstable condition of the system was obtained. Research results show that the higher is the stiffness of rock mass the more stable the system, and the lower is the ratio of cement to tailings, the more unstable the system will be. Further more, according to the catastrophe model proposed, the reasonable matches between backfill and rock mass were researched, and a calculation formula that designs reasonable strength of backfill during mining was put forward. It has been proved by practice that the model and theory researched in this paper can guide filling design in mining. Keywords: Cemented tailings backfill, constitutive equation, catastrophe theory, match of backfill and rock mass

May 1, 2007

By J. Y. Kim, Kenneth Stowe, Stephen Chryssoulis

"A series of flotation tests was carried out on Brunswick Mining ore with various pH modifiers (soda ash, lime, KOH) and added ions (ferric, nitrate, sulphate) in the copper lead rougher circuit. The main objective was to identify downstream effects on sphalerite activation and subsequent zinc rougher flotation. Some significant differences in zinc flotation were obtained. Most notably, soda ash and nitrate ions had a positive impact and ferric ions a pronounced negative effect on selectivity.Selected products from the flotation tests were deslimed at 400 mesh, washed with methanol, air dried, placed in teflon vials purged with nitrogen and stored at -15 degrees C. Numerous liberated sphalerite and pyrite particles were selected under a stereoscope and placed in rows on indium foil. The surface compositions of the particles were analyzed with an innovative laser probe (LIMS). The very small analysis area of the LIMS enables the surfaces of individual grains to be characterized. In addition, the rapid analysis time allows a statistically significant number of grains to be analyzed quickly.Surface lead appears to play a major role in zinc activation/flotation. Possible mechanisms are proposed to explain the variations in metallurgical performance at the different test conditions.IntroductionAlthough the bulk composition of mineral grains is an important consideration for the mineral processor it is ultimately surface composition and topography (edges and dislocations preferred sites for reactions) that control reactivity in flotation and cyanidation (passivation, encapsulation and preg-robbing). Determination of the surface properties of particles from process streams poses a particular challenge for the surface chemist for a variety of reasons, including:"

Jan 1, 1994

By Anthony McDonald, Dominic Verhelst

"Hudson Bay Mining and Smelting Co. Ltd. (HBM&S) started up a zinc plant and smelter in late 1930, employing technology of that period. The zinc plant has since converted from a roast/leach operation to a two stage pressure leach operation to eliminate sulphur dioxide emissioms. The smelter, however, is still continuing with much of the original roaster/reverberatory furnace technology. This paper reviews the process flow of the copper smelter, with some comments on past and recent changes.Smelter FlowsheetPrior to July 1993, the HBM&S smelter operation consisted of seven areas, namely feed preparation, roasters, reverberatory furnace, converters, anode casting, fuming plant, and dust collection. A simplified smelter flowsheet is shown in Figure 1. The data for tonnage of materials moving through the circuit are presented in Tables I to 4, and are representative of the time period from July 1992 to June 1993. A change in the zinc plant technology in 1993 resulted in the elimination of a zinc-bearing sulphide leach residue from the smelter feed blend, thereby greatly reducing the zinc content of slag produced in the smelter. Consequently the fuming plant and ancillary equipment, such as the drying plant, were shut down. These areas will, however, be described. With the closure of the zinc fuming furnaces all the slag from the reverberatory furnace is now discarded to stockpile.The over-all smelter metal recoveries are 96% for Cu and rn.5010 for Au and Ag. Figures 2 and 4 indicate historical production numbers of copper, silver and gold, respectively. A review of the minor element distribution in the smelter can be found elsewhere."

Jan 1, 1994

By S. A. Kenzap

This paper provides an overview and discussion of key aspects of operating risk valuation in underground metal mining systems, with impact on project economics, using stochastic computer modelling in Discounted Cash Flow (DCF) analysis. Mine operating risk classification and assessment for ground, equipment and scheduling aspects are presented with an overview of available risk valuation tools that have been developed in engineering disciplines. The classification is organized by keeping in perspective the mine design needs and constraints, as well as the potential economic impact that operating problems can have on an underground development and production system. These sources of cost, revenue and time delays are tabulated to enable the hierarchization of potentially hazardous unplanned events occurring during the mining project life cycle. In complex technological systems, like the underground mining systems, the decision-making process involve a wide range of uncertainties, and often this is based on subjective and qualitative expert evaluations. Whether a qualitative or quantitative analysis is conducted, it is often the case that the probability of a certain project parameter value needs to be estimated. This requires use of methods and techniques to handle subjective, qualitative measures and to combine them with quantitative stochastic modelling in order to evaluate mine operations-related issues on DCF economic performance measure parameters. Links are established between decision making and the risk-based mine planning process for evaluation of design alternatives, with emphasis on the need of introducing flexibility in mine design. Finally, challenges of risk-based mine planning and design implementations are discussed and the call for an integrated risk-based real options systems valuation (ROV) ?in? projects analysis is made.

Aug 1, 2013

By Robert B. Parsons

"Several recent cases indicate that the Courts may be leaning toward a more favourable treatment of mine closing and related costs. In this article, we look at two recent cases, Burnco Industries Ltd. and Nomad Sand & Gravel Ltd. The former was heard before the Federal Court - Trial Division and the latter before the Tax Review Board.It appears that in certain situations mining companies may now be able to sustain current deductibility of estimated mine closing costs during the productive years of the mine, rather than waiting until either the date on which mining ceases or the reclamation and similar activities commence. This would be of great benefit to the mining industry, as waiting until the bitter end often means that there are no revenues available against which the expenses may be offset and, hence, no tax relief.IntroductionUnder the Income Tax Act in Canada, taxpayers are not permitted any deductions in respect of an outlay or expense in determining income from a business or property, except to the extent that such expenditures are made or incurred by the taxpayer for the purpose of gaining or producing income. In addition, no deductions are permitted for amounts transferred or credited to a reserve, contingent account or sinking fund except as expressly permitted by the Act.In large measure, these provisions are relevant to the mining industry to the extent that they determine the periods during which expenses may be charged against revenues for income tax purposes. Several recent cases have indicated that the Courts are leaning toward a more favourable treatment of accrued costs in the mining industry than was previously considered to be the case."

Jan 1, 1982