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By X. Xe, B. Myhre, N. Zhou, B. Sandberg, Z. Chen

Effects of microsilica and reactive alumina type on flowability, flow decay and working time of Al2O3-SiC-C castables for blast furnace trough were investigated. The results show that at a targeted self flow values of (80 ± 10)%, water demand markedly decreases with increased microsilica addition. The nature of reactive alumina has a strong influence on flowability of the castables. Higher microsilica content contributes to a longer working time. The flow decays gradually until the working time and then drops abruptly. In addition, microsilica have positive effect on both cold strength and hot strength.

Jan 1, 2004

By Gustav Nillson

There is a difference in design parameters between steel linings and rubber linings for grinding mills. The basic design parameters for rubber are described and a comparison is made between steel and rubber in different applications.

Jan 1, 1979

By Tracy-Lynn Humby

A recent report commissioned by the South African Chamber of Mines, Mining Vision 2030, identifies the South African mining industry?s negative legacy, its exploitation of people and the environment, as the single biggest hurdle to maximizing the industry?s impact on national development. Industry leaders have identified the need to put the past ?to rest?. With reference to three recent cases involving members of the South African mining industry, this paper points to the continuities between the past and present. It argues that the metaphor of ?multiple crossings? is more generative than the notion of putting the past ?to rest? for purposes of engaging with mining?s negative legacy.

Aug 1, 2013

By G. M. Hughes, J. Ellis

"IntroductionHydraulics has been considered a science for thousands of years. Applications included water wheels, dam; and slice gates but today the term ""hydraulics"" commonly refers to ""power hydraulics"" in which fluid is used under controlled pressure to do work. The mining industry employee’s hydraulics in practically every aspect of its operations, on such equipment as trucks, front end loaders, LHD units, crushers and hydrostroke feeders. The many benefits of hydraulic drives such as ease of variable speed control, high power: weight ratio low envelope size of hydraulic actuators and ease of maintenance have been extensively developed in the pulp and paper, chemical, steel, and other basic industries, but until quite recently, concentrator operators have not taken advantage of the versatile methods of power transmission offered by hydraulic systems.After some preliminary testing at the Lynn Lake concentrator Sherritt Cordon Mines Limited installed several hydraulic system; at their Fox Mine concentrator to drive slurry pumps and conveyors. The systems used at Fox and the systems which will be installed at the Ruttan concentrator are briefly described in this paper. Since acceptance is based mainly on understanding a few basic principles of hydraulics system; including pumps, motors, circuitry and central methods are also presented in the paper.PRINCIPLES OF POWER HYDRAULICSBasicsHydraulic systems provide an uncomplicated, versatile means of power transmission. The basic system is quite simple. It consists of five main elements, as shown in Figure 1, which are:1. Prime Mover - generally an electric motor.2. Hydraulic Pump - fixed or variable positive displacement type such as a piston or vane p.mp which displaces a constant amount of fluid for ead1 revolution - this unit converts mechanical energy of the prime mover into fluid energy.3. Oil Reservoir - a standard tank to operate under atmospheric pressure which has a capacity of 2 - 3 times the maximum gpm outp.it of the hydraulic pump."

Jan 1, 1972

By K. N. Subramanian, H. Kanduth

"It is well known that chalcopyrite can be dissociated into simple sulphides by heating with elemental sulphur at about 475°C:CuFeS2 + S -> CuS + FeS2Experimental work was undertaken to determine whether this ""activation"" could be used to advantage in the selective leaching of copper from chalcopyrite concentrate.A method of treating copper concentrate with molten sulphur was developed and the activated product was leached in dilute sulphuric acid using oxygen, ferric iron or manganese dioxide as the oxidant. The object was to obtain a solution suitable for electrowinning with minimal purification, but it was impossible to obtain rapid extraction of copper without simultaneously dissolving a large proportion of iron. This was attributed to the fact that some of the copper was present as a low iron-copper sulphide (idaite) and that the pyrite formed during the ""activation"" step was more easily oxidized than natural pyrite."

Jan 1, 1973

By Gautier Njiekak

The current study provides an experimental approach that aims at documenting the effects of different phases of CO2 (gas, liquid, supercritical fluid) on rock seismic responses. This has implications on obtaining quantitative estimates of fluid saturations for geological storage. The ultrasonic pulse transmission technique is the underlying methodology used in this work. Unlike previous rock physics studies involving CO2 as pore fluid, care is taken to fully saturate the studied samples and also to separate pore fluid effects from pore pressure build-up effects during the experiments. This allows to record seismic effects that are solely reflective of changes in the pore fluid properties. Measurements were done on a CO2 saturated Berea sandstone. Laboratory results show P- and S- waveform variations (velocity, amplitude) in response to CO2's varying phase state. Overall, CO2 phase changes (gas to liquid and gas to supercritical fluid) are marked by a drop in velocities, with the drop being smaller and less immediate over the gas-supercritical fluid transition than over the gas-liquid transition.

Jun 1, 2012

By Les Johnston

_ BACKGROUND - About EPCOR - Genesee Generating Station - Phase 3 Expansion _ TECHNOLOGY SELECTION - Selection Criteria - Combustion Options - Flue Gas Emission Control Options _ STAKEHOLDER VIEWS _ PROJECT STATUS _ EPCOR is an integrated utility company for water, gas, electricity and technology services. _ EPCOR has about 1.6 million customers in Alberta, Ontario, Manitoba, BC, and the U.S. Pacific Northwest. _ EPCOR Generation Inc. operates three power stations in Alberta which were in operation before deregulation, including the coal-fired Genesee Generating Station. _ EPCOR Power Development Corporation owns generating stations in Alberta, BC and Washington State and will be building the Genesee Phase 3 expansion.

May 1, 2002

By C. J. Clayton, A. J. Haynes, D. A. Hickson, B. Thiele

The Meadowbank Gold Project, formerly owned by Cumberland Resources Ltd. and currently owned by Agnico Mines Ltd., is currently being developed approximately 70 km north of Baker Lake, Nunavut, in the eastern Canadian Arctic region. The Meadowbank Gold Project currently consists of a series of gold-bearing deposits within relatively close proximity to one another, which are planned to be mined primarily as a truck-and-shovel open pit operation using conventional gold milling and extraction. The mining plan indicates that approximately 20 million tonnes of ore will be mined over a mine life of eight to ten years. The operation will generate approximately 160 million tonnes of mine waste rock and about 20 million tonnes of tailings. The site is located in an area of continuous permafrost with mean annual average air temperature of -11°C and average annual precipitation in the range of 100 to 200 mm. Lakes cover a large portion of the site, including some of the ore deposits. The location of the site and the physical environment pose challenges to development. This paper presents some of the designs considered to effectively manage and utilize the waste products of mining at the project. Note that volumes, tonnages, construction concepts, and data presented in this paper are accurate for the time of writing and are subject to change and modification as the project progresses, additional modelling is carried out, and additional data are obtained.

Jan 1, 2007

By Y. W. Pan, Y. R. Liu

The disturbed natural rock mass tends to equilibrium state accompanying with non-equilibrium evolution process which has significant influence on the long-term stability of engineering structure. The deformation development in the non-equilibrium evolution is determined by two intrinsic processes, trend to equilibrium and damage development, which can be illustrated by evolution of excavated tunnel. Thus the creep and damage must be taken into account in study of non-equilibrium evolution process. Within Rice’s irreversible thermodynamics with internal state variable (ISV), the conjugate force function which equals to zero is a convex surface which divide the stress space into two parts, called equilibrium and nonequilibrium stress space respectively. The concept of effective stress of non-equilibrium has been proposed, in which the stress difference (d - d ) are the effective driving forces of non-equilibrium evolution process with hardening and damage effective. The formulations of inelastic strain rate and energy dissipation rate have been recast in the form of effective stresses. The inelastic complementary energy (ICE) is proposed to measure intensity of non-equilibrium evolution of material system. The specific equations of conjugated forces and kinetic equations of internal state variables are presented. The ICE and rate of energy dissipation are all calculated to be used to evaluate long-term stability of geo-engineering. The results show that rate of energy dissipation may be more convenience and flexible than ICE for internal state variable constitutive equation of rock mass.

Jan 1, 2015

By R. D. Parker

Location The Frood ore-body is expressed on surface as a prominent gossan ridge, with a total length of approximately two miles. The original Frood (the old No. 3 mine of the Canadian Copper Company) is at the southwest end of this gossan; adjoining it on the northeast is the Frood Extension (until 1929 the property of i:he Mond Nickel Company), while at the extreme northeast end is the Stobie mine. The first two of these divisions of the ridge form the Frood mine as it is known today.? This lies in lots 6 and 7 of the sixth concession, township of McKim, and is two and a half miles north of the city of Sudbury. The general elevation is 1,000 feet above sea level. The Ore-Body The Frood-Stobie parallel offset(l), as its name implies, has no connection in the field with the main mass of the Sudbury nickel eruptive-a norite. It lies one mile to the southeast of that body, and, in general, parallels it in strike. The ore occurs as a more or less tabular structure in what is known locally as the Sudbury series. They are the oldest rocks of the district, and have been placed by Collins(2) as earlier than the lower Huronian, of pre-Cambrian time. The series is comprised of sediments, volcanics (both acid and basic flows), tuffs, agglomerates, breccias, and basic intrusives, all highly metamorphosed, yet all forming a more or less regular picture. The controlling feature of the area has been the attitude of the sedimentary strata, from which has arisen the present sill-like character of the flow rocks, the basic intrusives, and the ore-body itself.

Jan 1, 1932

By Laura Prati

Gold-on-carbon catalysts resulted very active and selective in liquid phase oxidation [1, 2, 3] and during past studies we established that activity is ruled by two factors: particle dimension and gold exposure on the carbon surface [4]. These two parameters are also connected to the nature of activated carbon where the chemical nature of the surface oxygenated groups probably plays an important role [5]. Our studies, focused on the design of an active gold-on-carbon catalyst for liquid phase application, were aimed, operating a fine tuning of all the parameters involved in determining activity, to optimize gold-on-carbon preparation, keeping in mind that gold particle activity increases with decreasing particle size and increasing gold exposure. Gold sol immobilisation represents a versatile methodology in preparing gold catalysts [6]: throughout this work we used as sol stabilizing agent, the N-dodecil-N,N-dimethyl-3-amino-1-propan sulphonate (SB), that provides both sterical and electrostatic stabilisation, a condition we already demonstrated necessary to preserve particle dimension when carbon is used as the support [6]. We generated different gold sols by varying the relative amount of reagents (HAuCl4, SB, NaBH4), the type of alkali and the temperature of the gold precursor reduction. Moreover, as we had recently evidenced that there is also a carbon effect [5], we employed only one active carbon to immobilize the sols.

Oct 1, 2003

"In the present study, the reduction behavior of composite pellets comprising of iron oxide, synthetic graphite and slags were investigated in a laboratory-scale horizontal tube furnace. Two different types of slags indicating silicate base and aluminate base slags were chosen to examine the effect of slag chemistry on the reduction behavior of pellets. Slag composition of binding materials has influences on the reactions occurring in composite pellets during direct reduction. In-situ high temperature visualization approach was used to observe the slag / iron / carbon interactions at 1773K (1500°C). The off-gases were measured by means of infrared analyzer to determine the reaction rates of the pellets. Different physical appearances during the in situ reaction inferred a strong correlation between the slag composition and internal reactions. In addition, compression tests were conducted to examine physical strength of the pellets. This investigation was carried out to establish feasibility of physical property control of pellets by selecting optimum slag compositions of binding materials INTRODUCTIONCurrently, most of the iron ore mines have facilities that make an ore more usable for the blast furnace operation by improving its physical properties (e.g. pelletizing and sintering). However, during the process, a large amount of fuel is supplied to indurate materials which consequently deteriorate energy efficiency and produce more CO2 emission. Along with increased interests, direct reduced iron (DRI) making process; simply without coke oven or sintering process, has opened the era of clean and environmental friendly iron making process. While some of the established DRI technologies such as Midrex and HYL were restricted to certain locations where natural gas is abundant, coal based technologies using Rotary Hearth Furnace (RHF) such as FASMET and ITmk3 have been developed with regardless of expensive fuel deposit. In addition to the direct use of pulverized non coking coal and fine iron ore, RHF process also has advantages of utilizing waste materials such as EAF dust, biomass and recycled plastics. Nevertheless, there are still many challenges in the coal utilizing technologies as the unprocessed coal and the waste materials contain huge volatiles and ashes. Although recent investigations on volatiles in a RHF process (Sohn and Fruehan, 2005, 2006) have indicated the benefits of coal in terms of iron oxide reduction and have shown feasibility of multi-layer process, carbon composite pellets still have disadvantages because of its weak mechanical bonding strength. As the mixed system with carbon and oxides generates intermediate gases (e.g. CO and CO2) between solid particles, it is difficult to keep its physical state without the help of binding materials. In this reason, industries have been tried to use various binding materials such as bentonite, kaolinite and Portland cement. However, they are still struggling to find out new materials that provide not only sufficient mechanical strength but also metallurgical properties, such as porosity, reducibility and swelling throughout the reduction reaction. Recently, Canadian researchers (Aota et al, 2006) observed enhanced mechanical strength of pellets by using high alumina cement as a binder and concluded that the method could be used to recycle EAF dust as well, but in depth mechanism of reinforced strength has not been concerned. Most of the ashes coming from binders formulate certain type of slag during the reduction process due to its incombustibility. Thus, observation and regulation of slag property is an essential for the control of carbon composite pellet. Yet, only a little thermodynamic consideration from the perspective of slag chemistry has been adapted in the iron and steel making industries as ash has been easily ignored for its tiny proportion. In this study, effect of CaO-SiO2- Al2O3 slag system on the reduction of iron oxide was investigated in terms of"

Jan 1, 2012

By A. Akerman, C. P. O’Connor, N. Vayenas

"Stereolithography is a well-known rapid prototyping technique in the manufacturing sector. Essentially, it is a three-dimensional printing process that produces plastic prototype parts from standard CAD files. At present, Canadian mining companies are not fully aware of the potential of rapid prototyping techniques (RPTs) for their production and mine design systems. Mining engineers and geologists attempt to visualize and understand the characteristics and layouts of orebodies on computer models, and in cases where it is decided to develop physical models, the process is time-consuming, based on simplified constructions. RPTs, such as stereolithography, can facilitate engineers and geologists to quickly, and with satisfactory accuracy, visualize sections of orebodies and evaluate alternative ore extraction techniques using 3D solid models.The research discussed in this paper is carried out by the Laurentian University Mining Automation Laboratory (LUMAL) in collaboration with Inco Limited and the Integrated Manufacturing Technologies Institute (IMTI) of the National Research Council of Canada. The main objective with this research is to evaluate the applicability of state-of-the-art RPTs to underground hard rock mining systems. RPTs can play a significant role in accelerating the design and development process of mining systems."

Jan 1, 2006

By E. Rezaei

Glue is an animal protein that is used with other organic agent such as thiourea, in copper electrorefining. The concentration of glue has to be controlled carefully, because the electro-deposition process is often very sensitive to small fluctuation in the operating variable. This additive (glue) prevents rough and nodular copper cathode deposits. The nodular deposits may grow causing short circuits, which results in losses in production. Addition agents are effective in controlling metal growth; they modify the normal nucleation and lattice growth steps and refine the grain structure. In this research glue concentration was determined in an industrial copper electrolysis plant. A non-linear model with high capability was constructed and after optimizing its parameters, the accuracy and precision of the model were evaluated. For determination of glue concentration, electrochemical voltammograms in optimum condition (Differential pulse voltammetry technique, Hpulse=50 my, scan rate=10 mv/s) were plotted. Some information from voltammograms was transferred to the model as inputs and the calibrated model analyzed the information and the glue concentration was determined with high precision and accuracy. In this way there is no need to separate or add agents to remove interferences. This method has been successfully applied at Sarcheshmeh copper complex.

Jan 1, 2007

By Christopher P. O?Connor

Stereolithography is a well known rapid prototyping technique in the manufacturing sector. Essentially it is a three dimensional printing process that produces plastic prototype parts from standard CAD files. At present, Canadian mining companies are not fully aware of the potential of Rapid Prototyping Techniques (RPTs) for their production and mine design systems. Mining engineers and geologists attempt to visualize and understand the characteristics and layouts of orebodies on computer models and in cases where it is decided to develop physical models, the process is time consuming based on simplified constructions. Rapid prototyping techniques (RPTs) such as stereolithography can facilitate engineers and geologists to quickly and with satisfactory accuracy to visualize sections of orebodies and evaluate alternative ore extraction techniques using 3D solid models. The research discussed in this paper is carried out by the Laurentian University Mining Automation Laboratory (LUMAL) in collaboration with the Department of Mines Research of Inco Limited and the Integrated Manufacturing Technologies Institute (IMTI) of the National Research Council of Canada. The main objective with this research is to evaluate the applicability of state-of-the-art RPTs (e.g. stereolithography) to underground hard rock mining systems. RPTs can play a significant role in accelerating the design and development process of mining systems.

May 1, 2002

By Y. T. John Kwong

Abstract - To exploit an ore deposit without unduly impacting the environment is a challenge that can only be met by the concerted efforts of traditionally independent teams working on a mining project. Not only is detailed geology required of geologists to help mine engineers to develop a mine plan that assures generation of the least possible amount of mine waste, but metallurgists also have to select the most environmentally friendly mineral processing schemes, and communicate with environmental engineers with regard to complications that process chemicals may pose on proper mine waste management. Traditional ore deposit models typically emphasize the geological and mineralogical aspects of ore genesis to facilitate exploration for similar deposits. Recent research has shown that potential environmental liabilities such as acid mine drainage and metal leaching can readily be predicted according to deposit types. The choice of mining methods, mineral processing schemes, and decommissioning options are also largely dictated by the composition and setting of an orebody to be mined. Integrating such related information into traditional ore deposit descriptions would lead to the development of comprehensive environmental ore deposit models. The latter would facilitate communication among staff of the varied components of a mine project and aid with the selection of a combination of methods and strategies that would assure minimum environmental risks and impacts, reduce the overall project cost, and enhance sustainable development.

Jan 1, 2003

By N. Waters

"Nickel saprolite ores are normally mined as feed to Fe-Ni smelters or Ni matte smelting operations. The smelting processes typically require high Ni cut-off grades of approximately 1.5 to 2.2% Ni, depending on the operation. These very high cut-off grades result in a significant portion of the saprolite profile being regarded as “waste” and hence having little to no value. The Starved Acid Leach Technology (SALT) was developed to recover nickel and cobalt from nickel saprolites and Caron plant residues. Relatively small amounts of acid are applied to ground saprolites or Caron residues in order to selectively leach nickel and cobalt. The leaching is performed atmospherically under low free acid conditions. Nickel and cobalt may be recovered from the leachate as a mixed hydroxide. The mixed hydroxide may be added directly to a saprolite smelting operation or refined separately. InCoR Technologies is advancing the application of SALT at a number of sites. Bench scale testing has provided a relationship between acid addition and nickel extraction in leaching. Conceptual engineering studies have been completed by SNC Lavalin. The simplicity of the SALT technology provides the benefits of low capital and operating cost and an expected rapid ramp up to full production.INTRODUCTION The recent history of hydrometallurgical nickel laterite treatment plants has demonstrated mixed financial and operational performance. Table 1 summarizes the next generation plants built after the financial and/or technical failure of the Bulong, Cawse and Murrin-Murrin plants in Australia. The Coral Bay plants (Line 1 and 2) stand out (and now Taganito) as relatively low capital cost, simple (no acid plant, production of mixed sulfide product), and modest in scale (10, 12 and 36 kt Ni/a). However, the other plants in the list (Ravensthorpe, Ramu, Goro and Ambatovy) are all characterized by financial and technical challenges. All plants have a very high capital cost ($67,000 to $120,000 USD/annual t of Ni production). Ravensthorpe was sold by BHP Billiton after a poor startup. Ramu has had a steady ramp up but only produces mixed hydroxide for refining by others. Goro has had an extended construction period (since 2001), is high cost and has been very slow to ramp up to design production rates. Ambatovy has had a steady ramp up."

Jan 1, 2017

By D. Laguitton

"Mathematics, process theory, process practice and computer applications are the main disciplines that contribute to developing useful techniques for computer simulation of mineral and coal processing plants. As in any multidisciplinary effort, communication or transfer mechanisms must be developed to facilitate the flow of experience between participants of different backgrounds. These mechanisms include written reports, verbal communications, workshops and transfer of computer programs. The SPOC project at CANMET is devoted to computer simulation and as such has addressed, or will address in the near future, problems inherent to methodology transfer. The first major output of the project was the material balance program, MATBAL2, which has been acquired by over 30 organizations. Program documentation, industrial workshops and summer student programs have been used to effect the transfer. This experience is discussed and the future outlined.IntroductionComputer simulation has become a common tool in many different fields of human activity during the past two decades, as illustrated in Figure 1. The total number of articles abstracted in Chemical Abstracts under the general subject entry of “Simulation"" has been following a pseudo-exponential growth since 1972 and was approaching 5000 in 1980, whereas no such entry was even used prior to 1967. This represents over a dozen papers published daily on the subject and should continue to grow to higher figures. Still, progress toward accepting modelling and simulation in mineral and coal processing has been very slow. It will be shown later that this slow acceptance is a cause rather than a consequence of the limited success of the various attempts made so far to draw unambiguous benefits from simulation applications. The real cause of the difficulties in fully accepting the new methodology lies in the multidisciplinary aspect of modelling and simulation, which does not suit the traditionally conservative approach that prevails in designing and operating large and costly processing plants."

Jan 1, 1982

By Denni Nikols, Farrukh Z. Khan

"Highvale Mine, located at Wabamun, Alberta, produces thermal coal for TransAIta's Keephills and Sundance generating plants. Overburden stripping in the mine is conducted by draglines which normally operate on top of the overburden bench. In certain areas oj the mine, however, these overburden benches are susceptible to slope failure. In these areas, due to safety considerations, the draglines are utilized in the less productive chop-cutting mode, supplemented by mobile equipment where the bench height exceeds the dragline chop-cutting limit. This paper proposes maintaining the draglines in their normal digging mode through areas of unstable or jailed overburden, by utilizing a dragline carried toe buttress 10 ensure adequate bench stability. The data requirements and methods of slope analysis to design a toe buttress across an unstable highwall area are examined in rigorous detail. INTRODUCTIONLocationHighvale Mine is owned by TransAlta Utilities Corporation and operated under contract. It is Canada's largest coal mine with an annual coal production in excess of II million tonnes. The mine is located approximately 80 km west of Edmonton on the south shore of Wabamum Lake (Fig. I) and production is currently provided by three pits 02. 03 and 04 (Fig. 2). The entire coal production is consumed at the nearby Sundance and Keephills power generating plants.ScopeThe mining operation at Highvale Mine has had occasional slope stability failures of its high wall overburden bench. This paper examines one such failure which occurred in the summer of 1983 at Pit 03. In addition to an investigation of the failure, Terracon was asked to recommend mine operation procedures which would minimize the impact of these slide zones on dragline productivity. A method of removing the failed material by utilizing the dragline in its normal digging mode is designed. The method's advantages and disadvantages as well as the required support procedures are reviewed."

Jan 1, 1989

By Ian S. Thompson

"Exploration properties form a continuum from grass roots to those with favourable geology, geochemical and/or geophysical anomalies, mineralization, showings (prospects), and finally to those with defined mineral deposits. Often properties exhibit a composite of these categories.The most problematic to value are properties or deposits that are not economically exploitable at the time of the valuation, due to a lack of exploration, insufficient grade or tonnage, poor mining conditions, or the imposition of socioeconomic, environmental, or legal constraints.Various acceptable methods of valuing the range of all such mineral properties or deposits are reviewed. Some inappropriate methods are also discussed.BIOGRAPHYIan S. Thompson is President and Principal of Derry, Michener, Booth & Wahl Consultants Ltd. (DMBW), an independent consulting practice, specializing in exploration, ore reserve estimations, engineering and valuations of mineral properties.Mr. Thompson is a graduate in Honours Geological Sciences from the University of Toronto with over 35 years Canadian and International experience in mineral exploration and development, including the discovery of base metal. gold and uranium deposits.DMBW is affiliated with DMBW, Inc. in Colorado, and works with independent engineering and financial groups in North America, Europe, Australia and Africa.Mr. Thompson is a national member of CIM; the Associations of Professional Engineers of Ontario and British Columbia; The Geological Association of Canada; The Society of Economic Geologists; The Prospectors and Developers Association of Canada and the BC and Yukon Chamber of Mines.INTRODUCTIONThis paper is presented in response to the request of the Mineral Economics Society of the Canadian Institute of Mining and Metallurgy for a Review of Approaches to Valuation of Mineral Properties, as recommended by the TSE/OSC Mining Standards Task Force.Exploration properties with undeveloped mineral resources range from grassroots acreage without exploration history, to those containing mineralization (or a mineral resource) that is insufficiently explored, to well explored deposits which lack either continuity, or sufficient grade/tonnage, or have poor mineability or metallurgy, such that they are not currently exploitable at the time of the valuation. This does not imply that they do not have value."

Jan 1, 2003