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By Lawrence Winter

why are these deposits significant? (i) economically and (ii) in a VMS/geological context. ?Significance of the tectonic setting. ?New understanding of the regional geology: volcanic stratigraphy, first geochronologic data. ?Deposit geology: paleomorphologyof the seafloor setting. ?Lessons and conclusions ?Regional Potential

May 1, 2006

By Stratton-Crawley R., G. E. Agar

"A study has been done of the scale-up of laboratory bench-scale flotation to continuous plant circuit performance. It was found that the impellor speed and the air flow rate influenced the results and in this case extreme values of these operating variables were required in order to reproduce the plant rougher results in the laboratory. Despite the experimental uncertainty introduced by these extreme values, it was demonstrated that the plant performance could be predicted and experimentally reproduced with bench-scale tests.IntroductionThe mineral processing industry relies heavily on batch flotation testwork to design flowsheets, evaluate reagent s and compare various types of ore. The batch tests are generally regarded as being directly comparable within themselves, but quite often they relate poorly or not at all to continuous circuits. Obviously this dilemma generates considerable uncertainty with wide-ranging ramifications. One of the manifestations of this unfortunate situation is the commonly expressed opinion that ""it may work that way in the laboratory, but it will never work that way in the plant"".In a previous publication, a method was described whereby the results of batch bench-scale tests could be used to simulate a locked cycle flotation test series. The work to be described here is a continuation of that investigation with an extension to the simulation of an actual plant circuit. It would have been preferable to progress from laboratory batch data to a continuous pilot plant and then finally to a full-scale plant operation. However, because that possibility did not present itself, an attempt will be made to show that the performance of an existing plant circuit can be successfully simulated from batch data. The success of the procedure can be judged by the agreement among the plant results, a locked cycle test and the predicted results based on batch tests."

Jan 1, 1982

By G. Zhu

The straight Y-shaped silica nanorods have been synthesized on Si wafer by thermal chemical evaporation of mixed powders of silica and graphite at 1300_ and condensation on Si substrate without assistance of any catalyst. The synthesized samples were characterized by means of scanning electron microscopy, transmission electron microscopy. The results suggested that the straight Y-shaped silica nanorods have uniform diameter about 50-200nm and neat smooth surface. The growth of such silica nanorods may be a result of the fluctuation of external conditions and internal structure faults causing a change in the growth direction of silica nanorods developed.

May 1, 2008

By R. A. Ozerkevich, R. J. Voisey

"SherrGold's MacLellan V ne is located about five miles south east of Lynn Lake immediately to the east of the Keewatin River. (Figure # 1)The property is accessible by an all weather road, leading north from the provincial highway 391, which links Lynn Lake with the Town of. Leaf Rapids and the city of Thompson to the south.The MacLellan Mine (formerly the Agassiz property) was discovered in the early 1950's and optioned from Comiesa Corporation in 1979 by Sherritt. SherrGold Inc. was formed in September 1985. Sherritt then transferred the MacLellan Mine, 15 other gold prospects in the Lynn Lake area and the old Lynn Lake nickel-copper mill to SherrGold. At the same time Sherrgold entered into a management agreement with Sherritt whereby Sherritt would develop and operate the MacLellan Mine and conduct SherrGold's exploration activities.The ore body as outlined in the original feasibility study is expected to produce in excess of 300,000 ounces of gold and 450,000 ounces of silver over the next 5 years. However the deposit is open to depth and exploration is continuing on and around the main zone and the many satellite deposits.The start of construction of the MacLellan mine and mill was scheduled to phase in with the closure of the Fox copper-zinc mine located 30 miles west of Lynn Lake. The majority of the employees from the Fox Operation were either employed at the MacLellan mine or relocated to Sherritt's Ruttan Operation."

Jan 1, 1987

By O. K. Mahabadi

The scope of this study is to simulate the behaviour of a layered rock sample under standard laboratory Brazilian Disc test using an innovative combined finite-discrete element method (FEM/DEM) research code. The influence of layering and the direction of loading on the samples behaviour are studied through various layering and loading configurations. A parametric study including the effect of loading rate on the tensile strength of samples has been carried out. This paper demonstrates the suitability of the numerical approach to explicitly model rock deformation and failure.

May 1, 2009

By Cardm Jeffrey W.

The decay of 222 Rn yields a series of short-lived decay products which become attached to the surface of a plate or wire exposed in a 222Rn-bearing atmosphere. The alpha-activity of two of the decay products, 218Po and 214Po, can be measured by simple counting techniques. This phenomenon may have direct application to uranium exploration. Laboratory studies have shown that: (a) radon decay products can be collected on a wide variety of materials (including various kinds of metals and plastics); (b) activity increases as a function of the surface area of the 'collector; and (c) the collection of the decay products is enhanced by applying a negative charge. The new technique was used in situ to delineate the anomaly above the South March uranium-copper occurrence. A related technique was developed to measure radium in soil samples. The results of both studies compared favourably with those obtained from conventional methods.

Jan 1, 1979

By Dong-kil Lee

Field tests have been conducted to investigate the characteristics of flow and physical chemistry of acid mine drainage(AMD) in the Hwangji-Yuchang settling pond in south Korea. pH and ferrous concentration of AMD flowed in the settling pond is 6.79 and 25.5 mg/l, respectively. As a results, we found that the ferrous oxidation reacted strongly around the inlet of the pond and the distributions of physicochemical properties is depended on flow characteristics and ferrous oxidation rate of AMD.

May 1, 2011

By I. Dimitrov, S. R. McCutcheon

"Industrial-grade limestone is found in both the Lower Silurian La Vieille Formation and Upper Silurian LaPlante Formation of the Chaleurs Group in northern New Brunswick. Currently, between 150 000 and 200 000 tonnes of limestone are produced per year from the proximal facies of the LaPlante Formation at the Sormany quarry of Elmtree Resources Ltd., located west of Bathurst.The proximal facies of the LaPlante Formation was deposited on the margins of tectonically uplifted Ordovician terranes. This facies comprises stromatoporoidal-algal bindstone intercalated with wackestone, packstone, and floatstone in variable proportions. The distal facies comprises calcareous shale and minor limestone deposited deeper offshore.Folding and faulting related to Middle Devonian Acadian tectonism have caused an increase in the apparent thickness of the limestone sequences, especially adjacent to the regional Rocky Brook-Millstream fault. Structural and stratigraphic observations indicate that some of the limestone bodies in the area have been tectonically displaced from their site of deposition.A variety of prospecting techniques was used to locate new limestone resources, including geological mapping, airborne and ground electromagnetic surveys, and satellite remote sensing. Clastic rock units above and below the LaPlante Formation have distinctive properties that help to trace the intervening limestone along strike. Because of water-saturated glacial cover, thick vegetation, and the small size of targets, airborne geophysical methods did not prove effective in delineating limestone beds, but aeromagnetic surveys helped map the underlying clastic unit. The remote-sensing data and especially high-resolution digital elevation models helped in identification of karst topography related to limestone."

Jan 1, 2007

By Mostafa Benzaazoua

Les remblais en pâte cimentés sont de plus en plus utilisés dans les exploitations minières souterraines. Une autre alternative d?utilisation du remblai en pâte consiste à le pomper et à le stocker dans des empilements de surface. En plus d?avoir des avantages d?un point de vue de stabilité physique des ouvrages, le remblai en pâte cimenté en surface permettrait également de stabiliser les contaminants dans la matrice du remblai à l?aide du processus de solidification et de stabilisation. Dans cette étude, des remblais en pâte constitués d?un résidu minier sulfuré renfermant beaucoup d?arsenic et de différents liants ont été testés afin d?évaluer la stabilisation des contaminants dans la matrice de remblai. La méthode utilisée pour évaluer la stabilisation et la solidification des contaminants est le test de lixiviation en extracteur de Soxhlet. Les résultats géochimiques issus de ces essais ainsi que la caractérisation chimico-minéralogique des remblais lixiviés ont été analysés pour comprendre les phénomènes chimiques présents dans les remblais durant le temps de cure. Les résultats obtenus montrent que les sulfures présents dans les remblais étudiés (pyrite FeS2 et arsénopyrite FeAsS) s?oxydent et provoquent la dissolution des hydrates les plus vulnérables (dissolution de la portlandite Ca(OH)2 et/ou décalcification des gels CSH). Le calcium produit permet de précipiter les sulfates (essentiellement sous forme de gypse plus ou moins hydraté) et l?arsenic sous forme d?arséniates de calcium plus stables. Les différents liants utilisés donnent des résultats différents en termes de stabilisation et de solidification qui seront discutés dans cet article.

Nov 1, 2002

Experimental Mine, Val d'Or, Quebec, Experiments on the ignition of sulphide dust clouds by explosives have been conducted in a 1 m3 explosion chamber. The explosives tested are ANFO, emulsion, aluminized emulsion and Detasheet. By controlling the composition of the ANFO and the emulsion explosive the oxygen balance could be changed in order to identify the dominant factors in the ignition of sulphide dust clouds by explosives. Experimental results, combined with theoretical calculations, show that the temperature of the detonation products is the most important parameter in the ignition of the dust cloud while the combustible detonation products are of secondary importance in the case of non-aluminized mining explosives. In the case of aluminized explosives and explosives having very negative oxygen balance the ignition of the dust cloud is assisted by the large amount of combustible detonation products.

Jan 1, 1993

By J. G. Strasser

"There has been considerable output over the last three decades from the social sciences concerning man and his working environment. In the mining industry at large, however, authoritarian, hierarchical control systems remain the norm, and it can be argued that something less than optimum effectiveness in terms of both productivity and worker satisfaction has resulted.Recently (/975), Campbell Chibougamau Mines Ltd. devised a most interesting organization and incentive system that links the underground production of a standard ton of mined output at controlled grade to an incentive payment scheme. A parallel scheme in the mill complex is based on maximizing recovery of copper and gold from available feed. A key part of both minsystems is the formation of groups who have considerable autonomy, particularly when compared to the still prevalent traditional mining industry relationships between the worker and supervisory levels.This paper traces the development of Campbell Chibougamau's system . Attention is drawn to qualitative and quantitative measures of the success of the method through the commentary of those miners involved in the scheme, and by reference to the favourable records on productivity, absenteeism, safety, turnover and grievance activity.IntroductionPyramidal or hierarchical management control systems, coupled to piece-work incentive schemes, predominate throughout Canada's underground mining industry. Although specific details of such systems vary from site to site, they , are generally understood and accepted as fact by the majority of the work force.Normally, a front-line supervisor (shift boss) directs a number of workmen and assigns them to tasks and working locations commensurate with their abilities, knowledge, training and skills. This front -line supervisor may direct or supervise from as few as 12 to as many as 75 or more workmen. He issues orders according to his assigned production objectives and ensures that these directions are fulfilled in accordance with standard mine practice . Several shift bosses are usually directed by a mine foreman or mine captain. The mine captains report to a general foreman or directly to the mine superintendent or his assistant, depending on the size and scope of the operation."

Jan 1, 1981

By Denis Labrie

Le minage en profondeur sous contrainte modérée à élevée présente de nombreux défis aux opérateurs et aux ingénieurs de mine notamment au niveau du contrôle de terrain et de l?environnement minier souterrain, pour assurer la sécurité des travailleurs sous terre et la continuité du cycle d?opération. Des conditions de contrainte élevée signifient une pression accrue au front de taille et sur les structures minières tels les piliers de mine et les fins de zone, un risque de rupture violente ou de coup de toit plus élevé, des zones de rupture plus grandes au pourtour des excavations, des charges accrues sur le support de terrain, etc. Le présent article fournit un aperçu du travail fait à l?intérieur du Programme de Contrôle de terrain de CANMET au cours des sept (7) dernières années, entre 1995 et 2001, pour comprendre et suivre l?évolution des niveaux de contrainte à l?intérieur des structures minières. Les propriétés déterminées en laboratoire sur des échantillons rocheux et les prévisions effectuées au moment de la conception sont comparées avec les observations effectuées en chantier à la paroi des excavations et à l?intérieur de la masse rocheuse. La plupart des cas discutés ici montrent une corrélation satisfaisante entre les observations effectuées en chantier d?une part, et les résultats d?essai obtenus en laboratoire et les calculs réalisés lors de la conception d?autre part. Ces observations peuvent donc être considérées comme des moyens relativement sûrs pour vérifier et suivre l?évolution des niveaux de contrainte présents à l?intérieur des structures minières.

May 1, 2002

By P. J. Sylvester, D. H. C. Wilton, R. I. Wheeler, M. A. E. Huminicki, D. Evans-Lamswood

"Systematic characterization of the mineralogy of massive sulfide ore deposits can provide valuable insights into ore genesis and metallurgical processing that would not be apparent otherwise. We describe a method wherein (1) normative mineral abundances are calculated from whole-rock chemical assays using an algorithm, (2) the results are cast in block models, (3) the results are then verified with automated image analysis of a subset of samples prepared as grain mounts by backscattered electron imaging and X-ray mapping on a scanning electron microscope, and (4) those verified results are integrated with textural data determined by optical microscopy.The technique is applied to the magmatic Ni-Cu-Co sulfides of the Ovoid orebody, based on geochemical assays of 3175 whole-rock samples. Three principal ore zones are defined in the Ovoid. Type I ore occurs in the center of the deposit; it is magnetite-rich and pyrrhotite-poor with intermediate contents of pentlandite and chalcopyrite. Type II ore surrounds Type I ore and is pentlanditechalcopyrite- rich with intermediate contents of pyrrhotite and magnetite. Type III ore occurs at the base and along the outer periphery of the northern part of the orebody; it is pyrrhotite-rich and chalcopyrite- poor with an intermediate content of pentlandite, and a low-to-intermediate content of magnetite. La caractérisation systématique de la minéralogie des gîtes de sulfures massifs peut fournir des indications précieuses sur la genèse des minerais et le traitement métallurgique qui ne seraient pas disponibles par d’autres méthodes. Nous décrivons un procédé par lequel (1) un algorithme est utilisé pour calculer l’abondance de minéraux normatifs à partir d’analyses lithogéochimiques, (2) les résultats sont exprimés dans des blocs diagrammes, (3) les résultats sont par la suite validés par analyse d’image automatisée sur un microscope électronique à balayage en électrons rétrodiffusés et par cartographie en rayons X sur des échantillons constitués de grains montés en résine, et (4) les résultats de cette validation sont combinés aux données texturales obtenues par microscopie optique.Cette technique est appliquée aux sulfures magmatiques de Ni-Cu-Co du gisement Ovoïde, en utilisant les analyses géochimiques de 3175 échantillons de roche totale. L’Ovoïde comprend trois types de minerai. Le type I est situé au centre du gisement; il est riche en magnétite et pauvre en pyrrhotite avec des quantités intermédiaires de pentlandite et de chalcopyrite. Le minerai de type II entoure le minerai de type I et est riche en pentlandite et en chalcopyrite avec des quantités intermédiaires de pyrrhotite et de magnétite. Le minerai de type III se trouve à la base ainsi qu’à bordure externe de la partie nord du gisement; il est riche en pyrrhotite et pauvre en chalcopyrite, avec un contenu intermédiaire en pentlandite et une quantité faible à moyenne de magnétite."

Jan 1, 2012

By Yves-Laurent Turcotte

Notre conférencier, Monsieur Yves L. Turcotte, Vice-président et Directeur général chez Promaintech Novaxa est diplômé en génie industriel de l?Université du Québec à Trois-Rivières et détient une maîtrise en gestion de projets de l?Université du Québec à Montréal. Il est une véritable sommité canadienne dans le domaine de l?amélioration de la performance des organisations. Provenant d'entreprises manufacturières et de services, il possède plus de 20 ans d?expérience en tant que développeur de technologies, conseiller et formateur auprès d?entreprises. Il a à son actif la réalisation de mandats dans plus de 400 entreprises. Il est reconnu pour sa grande capacité d?analyse et pour trouver des solutions novatrices et profitables aux problèmes des organisations les plus complexes. Aujourd'hui, il dirige Promaintech Novaxa, une division de DMR, qui a célébré son dixième anniversaire en 2006. Cette organisation ayant des places d?affaires dans la région de Montréal, Québec et Vancouver compte plus de 50 professionnels et a une carte de visite dans 16 pays. Les axes d?intervention sont le Management, la Productivité, la Fiabilité, l?Innovation et l?Amélioration Continue.

Feb 1, 2008

By Roger Payne, John R. Goode, Feng Gao, James Brown

The Eco Ridge deposit is located in the Elliot Lake mining camp in Northern Ontario, Canada. Between 1955 and 1996, the area produced more than 138,000 t (300 million pounds) of U3O8 and very significant amounts of thorium and heavy rare earths. Based on the NI 43-101 Preliminary Economic Assessment by Roscoe Postle Associates (RPA) dated June 2012, and the economic review by RPA as announced in Pele Mountains’ Press release dated September 12, 2013, the Eco Ridge Mine Project would extract and process 46 Mt of material to produce about 19,000 t (42 million pounds) of U3O8 and about 65,000 t of rare earth oxide (REO) over a 14-year life. This paper discusses process optimization studies including beneficiation and hydrometallurgical testwork. The proposed modified flowsheet includes the flotation and processing of 1) a pyrite concentrate, 2) a dominantly light rare earth elements (LREE) concentrate, 3) a concentrate containing most of the balance of the uranium and heavy rare earths (HREE), and 4) a relatively inert tailings.

Jan 1, 2014

By P. J. Williams, A. R. Foster

Petrographic studies, assay records, and laser ablation-inductively coupled plasma-mass spectrometer (LA-ICP-MS) analyses of major sulfides suggest nearly all of the gold at the Ernest Henry Cu-Au deposit occurs in the form of native gold or electrum (95-65 wt.% Au); sylvanite and dissolved gold in cobaltite, chalcopyrite, and pyrite make only minor contributions. LA-ICP-MS analyses of the gold contents of chalcopyrite gave from 8 to 139 ppb (mean = 56 ppb), more than an order of magnitude lower than those experimentally determined in chalcopyrite in equilibrium with native gold at the estimated mineralization temperatures (350°-450°C). Gold content is more variable in pyrite (1-400 ppb, mean = 77 ppb) and highest in narrow growth zones of a subordinate type of complexly zoned pyrite wherein it is associated with elevated As, Ag, Sn, Sb, Te, and Bi. Deposition of gold-electrum was closely associated with, but preceded some of the chalcopyrite deposition, as indicated by microtextures and lower bulk Au:Cu ratios in late-stage chalcopyrite-rich veins. Gold grains have maximum dimensions from <1 to 50 micrometers, and are heterogeneously distributed with most occurring in microscale clusters. Fifty-five out of 76 grains recorded in polished sections are in contact with both chalcopyrite and pyrite, and many of the rest are in sites where such a relationship could exist in the third dimension. The dominant textural sites are intergrowths with chalcopyrite in microveinlets cutting pyrite, and on faces of pyrite grains in contact with chalcopyrite. Scanning electron microscopy, electron microprobe analysis, and proton induced X-ray emission studies show that pyrite associated with gold includes complexly zoned, weakly zoned, arsenian, and arsenic-poor types. The textures are compatible with the possibility that most gold was deposited electrochemically as native metal on pyrite surfaces. The textural distribution of gold has important metallurgical implications given that the ore processing circuits at Ernest Henry and most other sulfide copper mines are designed to exclude pyrite (and arsenic) from concentrates.

Jan 1, 2007

By B. Stimpson, K. Kosar, K. Barron

"A number of high wall failures have occurred in some of the Alberta coal strip mines of a type called by the authors ""Multiple block plane shear slope failure "". They cause rapid deterioration of the dragline bench, reduced productivity and maintenance costs.The failures are invariably associated with the presence of almost horizontal (± 5 degrees) bentonitic clay bands in the overburden, often immediately above the coal seam, and regress behind the slope as a series of tension cracks which isolate detached blocks. As many as 17 sets of cracks have been observed, at lateral distances in excess of five times the slope height from the toe.The theory of this mode of failure is presented and a limiting equilibrium computer program which will produce deterministic or probabilistic (Monte Carlo) solutions is briefly described. A case history of one such failure is documented. It is shown that the extent of the regressive failure is exceedingly sensitive to the water table elevation, leading to the conclusion that drainage, if practical, represents the best control strategy. IntroductionA number of high wall slope failures are occurring in some of the coal strip mines in Alberta of a type called by the authors ""Multiple block plane shear slope failure""(I). These failures cause a rapid deterioration of the bench from which the dragline operates, reduced productivity, and necessitate conregresses into the slope as a series of tension cracks and detached blocks. As many as 17 prominent cracks or crack zones have been observed, the last being in excess of five times the slope height distant from the toe.The block between each pair of cracks must be at limiting equilibrium, i.e. the factor of safety equals one. This condition can be used to determine the locations of the cracks which develop in sequence behind the face."

Jan 1, 1986

By A. Sheikh, S. Hardcastle

"Various methods of leaching are being used by Denison Mines Ltd. Uranium Operations. This study was designed to investigate the flood leaching operation of two parallel inter-connected stopes contained by pressure bulkheads. The teaching muck piles, created from large scale uppers production blasts, are aerated by compressed air lines laid beneath the pile prior to blasting.A SFr, tracer gas, injection technique has been employed to determine the post-blast integrity of the single-ended air distribution system. SF6 was injected into the compressed air line feed to the stopes and collected at borehole exhausts from the stopes in grab-sampling bags. Analyses of the air samples were performed with a gas chromatograph.The system was designed to give a sufficiency of oxygen to sustain bacterial activities used to enhance the leaching recovery in the muck piles. The results obtained indicated that there is a minor anomaly in the distribution system that may not be critical to the operation. Compared to an idealized case, the over-all efficiency of aeration throughout the muck is estimated at over 85%."

Jan 1, 1988

By Benoît Demers

Dans ses opérations de traitement de concentré de zinc, l?usine de Zinc Électrolytique du Canada à Valleyfield génère un résidu minier appelé « jarosite ». Jusqu?en 1998, le jarosite était transporté hydrauliquement dans des bassins construits en argile. Le jarosite sédimenté possède une consistance très molle (impossible de circuler à pied sur le résidu consolidé) avec une eau interstitielle acide contenant des teneurs élevées en métaux. Ces caractéristiques particulières au jarosite rendaient très coûteuses la construction et la fermeture des bassins de résidus. En 1998, Zinc Électrolytique du Canada a implanté un nouveau procédé, développé chez Noranda, dont le principal objectif était de stabiliser chimiquement et physiquement le jarosite. Un nouveau concept de déposition a été élaboré pour le nouveau résidu minier appelé « jarofix ». Les grandes caractéristiques du nouveau procédé et du concept de déposition sont : ? Le jarosite est lavé et déshydraté à l?usine avec un système de filtre; ? De la chaux, du ciment et de l?eau sont ajoutés pour former le jarofix; ? Le jarofix est transporté par camions jusqu?à l?aire d?accumulation; ? À l?aire d?accumulation, le résidu est géré selon un concept d?empilement. L?élaboration du concept d?empilement et de l?aire d?accumulation devait tenir compte des caractéristiques de déposition du jarofix, de sa résistance à l?érosion hydrique et éolienne, de la gestion de l?eau de ruissellement, de la faisabilité de construire les digues de ceinture en utilisant du jarofix durci et de la nécessité de restaurer progressivement l?aire d?accumulation. Le déchargement du jarofix se fait à partir d?une rampe qui progresse avec une pente ascendante pour développer un front de déversement de plus en plus haut. La hauteur du tas de jarofix atteindra 30 m au centre du site. L?aménagement initial de 1998 a inclut une digue d?amorce de 3 m de hauteur, une rampe de déversement de 8 m de hauteur et un bassin pour la gestion de l?eau de ruissellement. Les propriétés du jarofix consolidé dans l?aire d?accumulation sont déterminées annuellement. Le jarofix durci possède la consistance et la résistance d?une argile très raide. Sa conductivité hydraulique est similaire à celle d?un silt et il résiste bien à l?érosion éolienne. Après trois années de déposition, la température du jarofix au milieu du dépôt demeure élevée. Le jarofix durci est facile à excaver et à compacter, ce qui en fait un excellent matériau pour la construction des digues de ceinture en périphérie du site.

Nov 1, 2002

By Andrew Bamber

Between the early 20th Century and the present, the production of mined copper ore has increased from tens of millions of tonnes per annum to several billion tonnes per annum, an unprecedented increase. Contemporaneously, the average grade of mined copper ore has declined from over 2% to approximately 0.5%. Again, in parallel, the price of copper has increased dramatically to reflect the increasing cost of extracting and beneficiating such large amounts of low-grade ore. Within the period the copper price however exhibited several periods of intense volatility, driven by interrelationships between demand and supply, themselves strongly driven by periodic industry developments in the fields of exploration, ore extraction, mineral processing and extractive metallurgy. It is notable that these periods of intense innovation exhibit a strong correlation to preceding periods of price, demand or production volatility. This paper examines key trends in each theme between 1900 and 2018 and draws strong conclusions as to the interrelationship between them. INTRODUCTION The production of copper metal has increased from around half a million tonnes per annum to over fifteen million tonnes per annum over the course of the 20th Century. Contemporaneously, the average grade of copper ore mined has declined from over 2% to approximately 0.5% copper by weight. As a result, the volume of Run-of-Mine (ROM) copper ore required has increased from around ten million tonnes per annum to over a five billion tonnes per annum over the period, an unprecedented increase. The adage is that demand drives supply, that prices rise in times of high demand and/or short supply, and that prices fall when supply catches up with demand. The market sellers in biblical times knew this well; mediaeval market sellers equally. Dutch tulip sellers in the 1600’s experienced both in extremis — much to their dismay — and the great industrialists and early capitalists of the industrial revolution knew this also. Mining recently went through a cycle where investors and producers both believed that the “old” rules did not apply any more and that the industry was in a “supercycle” where prices would continue to rise on the back of increasing demand. However, as the GFC of 2008–2011 showed, this was not to be. Another adage says that we constantly innovate to lower costs of production. Is this true? Do we only innovate to lower cost? Has the true cost of producing copper actually gone down over the century? Or are there other balancing forces at play? Herb Kellogg, in his Centenary address to the American Institute of Mining Engineers (now SME), categorized two types of innovation: ‘Bigger and Better’, and ‘New Process’ (Kellogg, 1970). ‘Bigger and Better’ allows increased production at presumably lower cost; ‘New Process’ supports the same result at presumably the same scale, but at significantly enhanced efficiencies and (therefore) lower cost. It is suggested that both types of innovation are constantly and interchangeably required to achieve the kind of scale-up, at achievable operating and capital cost that the industry has achieved over the period. What can be shown, over this last Century and a bit, is that supply and demand are indeed inextricably linked, price and demand are linked, but so are price and cost of production. And the innovation required to sustain that weaves in between them all, cost-effectively increasing production capacity or lowering the cost of production at the same throughput, and sometimes both.

Jan 1, 2019