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By Robert B. Parsons

"This month, Tax Notes focuses on two features which can potentially ""dress up"" a new issue of common shares to make the shares more attractive to investors. Attaching warrants to a share issue is a relatively common practice, and recent years have seen an imaginative variety of different kinds of warrants, some of which can be subject to somewhat different tax treatment . A less common financing strategy which certainly deserves some consideration involves the possibility of utilizing ""Share Purchase Tax Credits "" in conjunction with a new share issue.IntroductionPrevious subjects covered in Tax Notes have dealt with flow-through shares and other tax angles which can make equity issues more appealing to potential investor s. Two other techniques which can add zest to a new stock issue involve the utilization of warrants and ""share purchase tax credits"" (or SPTCs). This article takes a brief look at the better known subject of warrants and the lesser known matter of SPTCs.Of course, this paper presents only a relatively general summary of the income tax implications of warrants and SPTCs, and is not intended to be a definitive commentary on all of the detailed and complex tax issues that might be relevant in the circumstances."

Jan 1, 1985

By Jan E. Nesset, Phillip J. Mackey, Joo Y. Kim, Giovanni Di Prisco, André R. Laplante

Understanding the appropriate gold recovery to associate with copper recovery when assessing laboratory testing on porphyry deposits is often complicated by several factors including variable and/or complex mineralogy, and the variability contributed by the low Au content of the various flotation products. As a result, gold recovery is often underestimated and the value contributed by the gold to project economics is less than it should be, a problem that could influence overall project viability. Typically, for these types of deposits, the gold recovery is found to be lower than the copper recovery. In this unique project, having the objective of seeking a better understanding of gold recovery relative to copper recovery, mill feed samples from a selection of six operating world-class Cu-Au low-grade deposits were collected along with the mill metallurgical results for the corresponding sample periods. The samples were subjected to laboratory flotation tests, as well as the Laplante gravity recoverable gold (GRG) test, mineralogical assessment and cyanidation leaching. The aim was to better understand the copper and gold recovery relationship, the links between laboratory and plant flotation performance, the influence of mineralogical differences, and the potential for enhancing gold recovery by gravity recovery techniques. A new correlation of copper and gold recoveries based on the results is presented in the paper. The results showed that the link between copper and gold recoveries established in the best laboratory tests were maintained in the plant results, and further, that the potential for improving Au recovery by gravity or flash flotation methods is directly proportional to the amount of gold greater than 75 microns.

Jan 1, 2005

By Colin E. Dunn

The high mobility of gold within the plant kingdom results in detectable accumulations of gold in many plants. Concentrations vary within individuals, among species, and with seasons. From an evaluation of the chemistry of easily acce sible organs of common pecies in the northern forests, it is concluded that alder twigs (or leaves) and conifer bark scales are the vegetation components of greatest use in the earch for concealed gold mineralization. Maximum anomaly enhancement is obtained from twigs collected in the spring. Examples are given of urvey conducted in the La Ronge Domain using 1) jack pine bark (A nglo-Rouyn and Upise Lake areas) ; 2) alder twig (McLennan Lake) ; 3) black spruce bark (Rod Zone near Mallard Lake, and at Waddy Lake) ; and 4) multi-media (Tower Lake). At the latter two sites gold-bearing till is blanketed with late glacial material. Gold enrichment in the plants suggest that the roots are ab orbing gold from the underlying till. Complex processe control the uptake and retention of gold in plants. An understanding of these processes pem1its biogeochemistry to assist in locating near- urface mineralization .

Jan 1, 1986

1. Scientific prospecting has had a profound and some-what unexpected effect on the world's supply of raw materials over the past twenty years. Where shortages were recently anticipated, abundance now prevails. It seems probable that, for the foreseeable future, adequate metallic resources will be found at costs well within the world's economic means. 2. The amount of research devoted to scientific prospecting has been extremely small in relation to the possible importance of the problem and to what could be done. It has been dominated by the thought of a dozen brilliant men, and true research expenditures have not amounted to more than a few million dollars. 3. An undue proportion of the expenditures have been for so-called geological research -mostly of a petrologial character. The results have essentially been of historic interest only. However, there has been some in-crease in genetic understanding, and this is of great importance for future resources. 4. Basic advances in mineral exploration have been made in detection techniques, generally called geophysics and geochemistry.

Jan 1, 1964

By L. G. Smith, C. A. Shook, W. H. W. Husband, W. Schriek

"The flow of slurries in pipelines is governed by many variables, and the study of the influence of each of these variables is difficult, if not impossible, in some cases. Many correlations are available which fit data within a given range. However, no one method is yet available to design a slurry pipeline for all desired conditions without at least some physical measurements on the slurry itself. For this reason, the slurry pipeline facilities at the Saskatchewan Research Council have been developed during the past 12 years and it is hoped that the development will continue until the process is thoroughly understood and test facilities are no longer necessary. This paper outlines methods currently used and under development at the Saskatchewan Research Council for measurement, control and study of the variables governing the flow of slurries."

Jan 1, 1973

By Trung Nguyen

Midwest is a unique uranium deposit with exceptionally high arsenic content. The ore body is located 17km west of the McClean Lake operation. The McClean Lake mill will be modified to process Midwest ore and handle solid wastes coming from the Midwest water treatment plant. This paper describes the modifications required of the McClean Lake mill, process challenges associated with treatment of the arsenic, and the possibility of recovering nickel and cobalt as a by-product. It also reviews the complexity in the design of the Midwest water treatment facility which incorporates reverse osmosis technology with conventional physical-chemical water treatment.

Aug 1, 2010

By J. C. Ingram

IT SEEMS particularly appropriate that, in celebrating its Diamond Anniversary, the Canadian Institute of Mining and Metalturgy chose our Province of British Columbia as its locale in this, our own Centennial year. I am sure your organization is justifiably proud of its achievements and growth over the period of its sixty years, and we, for our part, are justifiably proud of our growth over our first one hundred years. With your kind indulgence I pro-pose to talk to you today about our industrial growth, or, to put it an-other way, to highlight, historically, our progress in industrial development over the past one hundred years, and to take the liberty of speculating on what we may reasonably look forward to over the next few years. I am sure, Mr. Chairman, that some may have questioned the appropriateness of a talk on the industrial development of British Columbia to the Canadian Institute of Mining and Metallurgy. However, strangely enough, we in British Columbia owe our origin, constitution-ally and industrially, to the mining industry.

Jan 1, 1958

By R. F. Hochstein, A. J. Neale, B. C. Flintoff

"Process control technology holds very significant potential benefits for many mineral and coal processing plants. The impact can be expected in terms of performance improvements (e.g. increased throughput, better quality control, higher availability), through reduced operating costs (e.g. lower reagent consumptions, manpower reductions) and in the form of intangibles (e.g. reduced vulnerability to manpower turnover, increased productivity in the user group). However, the installation of a process control system will represent considerable capital expenditure and will generate an operating cost. No management team would approve the funding for such a project without some reasonable measure(s) of the profitability of a proposed system. This paper describes a methodology for addressing the justification problem. Of particular interest is the approach to quantifying performance improvements, frequently found to be the predominant benefit of process control.INTROPUCTIONProcess control has become widely recognized as an essential component of any processing operation. It has direct impact on productivity, process efficiency and product marketability. The reported pay backs associated with successful installations underscore this observation. As a consequence, many operators who have little in the way of process automation are looking to initiate control projects, while those who currently enjoy some level of automation are looking to upgrade existing control systems (= process + instrumentation + hardware + software + operators + support). While the emphasis here would appear to be on retrofit process control projects, new plants, or those currently in the design stage, will usually find themselves in one of these categories shortly after startup 1."

Jan 1, 1990

By David G. Meadows

During the last decade Antofagasta Minerals? Los Pelambres Mine has dramatically increased its ore throughput following the fast initial phase ramp up through a series of planned incremental expansions. The original 85,000 mtpd, two SAG line plant was commissioned in 1999 and rapidly exceeded nameplate tonnage in only a few months. Following this, the inclusion of a pebble crushing circuit resulted in throughputs in excess of 114,000 mtpd and a recent, final third line SAG and ball mill addition have taken the plant to over 175,000 mtpd even with increasing ore hardness and changing ore feed characteristics. The progressive changes are described in this paper together with how the technical challenges have been met.

Jan 1, 2012

Several inorganic reagents and organic polymers were tested as depressants in the single mineral flotation of ultrafine iron oxide and hydroxylapatite with Dowfroth 250 as a frother. It was observed that the inorganic reagents and the low molecular weight polymers generally caused dispersion of the ultrafine particles, and consequently their recovery into froth products more or less equaled the recovery of water. On the other hand, the high molecular weight polymers caused different degrees of flocculation of the ultrafine particles, and their recoveries were much lower than the recovery of water. These observations pointed to a need to re-define flotation depressants in fine particle flotation. The traditional definition of a flotation depressant, i.e., to make particle surfaces hydrophilic by forming a hydrophilic film and/or by removing collector and activator coatings, is sufficient for relatively coarse particles. However, to prevent fine and ultrafine particles from floating, a successful depressant should not only make the particles hydrophilic, but also enlarge the particle sizes so that they do not enter the froth product by mechanical entrainment. Polymeric depressants are ideal for these purposes. The different schemes to use polymeric depressants in the selective flotation of fine and ultrafine particles were discussed These schemes involve the integration of the polymeric depressants into other size enlargement processes such as shear flocculation, oil agglomeration, etc., for hydrophobic particles.

Jan 1, 2004

By E. LaRocque

"Denison Mines Limited has been processing uranium ore in the Elliot Lake area since May of 1957. The ore body is located i11 the Huronion sediments on the north limb of the Quirke Lake syncline. Minerals of metallurgical significance are brannerite, uraninite and monazite. Gangue minerals include quartz, chlorite, sericite, pyrite, pyrrhotite and rutile. Silica content of the ore is greater than 75 % and pyrite-pyrrhotite content around 7 %. Specific gravity of the ore is 2.75.The Denison flowsheet is based on sulphuric acid leaching to extract the uranium values from the ore followed by liquid-solid separation to wash the uranium-bearing solution from the barren ore. The resultant pregnant solution is concentrated and purified by ion exchange followed by two-stage precipitation with ammonia to produce an ammonium yellow-cake.Elliot Lake ores require high acid concentrations and high temperatures to extract the uranium from brannerite and monazite. Uraninite will leach at low acid concentrations as long as oxiclizing conditions exist. The whole ore must be treated so that these conditions do exist.This paper provides a description of the leaching process equipment as originally installed and major changes in that equipment to date. Process control refinements to economically improve extraction are also discussed."

Jan 1, 1979

By P. Klossek

It is estimated that China accounts for 94% of the world supply of rare earths (Roskill, 2011). This fact, together with the impact of China?s export policy, poses a substantial risk to the security of the rare earth supply as well as a rare earth price risk. This situation has motivated an increase in the number of rare earth projects under development, i.e., there are currently more than 440 worldwide (Technology Metals Research, 2012). However, economically and environmentally acceptable processing technology to produce tradable products from rare earths (e.g., separated rare earth oxides) is not freely available on the market at the moment. In this respect, a lot of research and development has been initiated on this topic, in academia as well as in industry. Using a proprietary model and scenario-based analysis, we studied the impact that the development of rare earth processing technologies would have on the rare earth market and the economic feasibility of rare earth projects mentioned before. The analysis showed that this impact varies depending on the technology type (e.g., technology can affect project production volume, cost structure or both) and the legal context of the invention (e.g., free or limited by patenting availability of a new technology). The effect of a technology which influences project production volume is not the same as of a technology which changes project cost structure. The impact of a patented processing technology differs from the impact of a processing technology which is freely available on the market. In the case of a new technology which is limited by patenting, its impact depends on the market position (?producing?, ?next-coming?, or ?not producing? project) of the patent holder. The paper contributes to existing research by studying the dependence of the expected micro- and macroeconomic impact of rare earth processing technology developments on the properties of a new technology (e.g., costs, legal framework etc.). By this means, the paper adds to existing knowledge and attempts to make the rare earths market more transparent and predictable from a perspective outside China.

Aug 1, 2013

By Arthur D. FitzGerald

EDC established an Environmental Review Framework in 1999. Throughout the early fall of 2001, the Corporation held public consultations across Canada to strengthen that framework, leading to a public release on November 15, 2001 of a report summarising the results of these consultations. Following this, the Corporation implemented strengthened environmental review requirements in the form of its Environmental Review Directive, in compliance with legislated amendments to Canada?s Export Development Act that went into effect on December 21, 2001. Over the past few years, there has been a global trend towards an increase in the social and environmental requirements of multilateral/bilateral financial institutions and export credit agencies. More recently, this activity has focussed on capturing institutions that have not yet adopted similar requirements and, more specifically, on developing a convergence of the requirements from institution to institution. This paper describes EDC?s new ERD and some of the initiatives that have taken place or are in process that are moving international financial institutions toward converging their environmental and social requirements for projects in the private sector.

May 1, 2002

By R. Glenn Madill

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

Jan 1, 1948

By A. Probst, J. A. Finch

"Solids concentration (weight % solids) profiles and the clear liquid/slurry interface level (mud-line) were determined from conductivity measurements in thickeners at Falconbridge's Strathcona mill (Ni concentrate and non-mag thickeners) and Kidd Creek Division (Cu, Zn concentrates and final tails in the concentrator and a jarosite thickener in the Zn plant).The conductivity measurement system consisted of a probe 1.5 m in length with 23 electrode cells, a 24-channel relay, a conductivity meter and a computer. A conductivity profile is collected which locates the mud-line by a sharp change in conductivity. The conductivity measurements are readily converted to solids concentration profiles using a model due to Maxwell.The results from conductivity measurements were compared with direct measurements on local samples obtained using a modified Noranda sampler.It is concluded that the conductivity technique is applicable to locate the mud-line and to estimate the solids concentration profiles in thickeners. This on-line informnation could improve the operational efficiency of industrial thickeners."

Jan 1, 1994

A key point in the manufacture of cemented backfill is the dewatering and settlement of the total tailings product. A new technology characterized by rapid non-mechanical settlement of total tailings has been developed based on a large number of laboratory and field tests, where dynamic settlement and continual slurry preparation of total tailings in a vertical sand silo are realized by the addition of an effective flocculating agent named NPA. It has been shown that the sedimentation velocity of the interface between total tailings and water after NPA was added is 10 to 20 times higher than that without any flocculating agent, that the mass fraction of sand slurry deposited at the bottom of the vertical sand silo reaches 70%, and that the solid particle content in effluent waste water meets national water quality standards. The simple devices used to add flocculants have little deleterious effects on the current preparation tank and have been tested in an industrial environment. The processing cost of total tailings by the new technology is only 10% to 20% of that required for mechanical settlement.

May 1, 2007

By S. L. Aaroe

"TYRETHANE PRODUCTSTyrethane® is the family brand name which has been adopted by The W. S. Tyler Company of Canada, Limited to identify its polyurethane products. Since we have been manufacturing Woven Wire Cloth for over one hundred years and have been the innovator for most of the product improvements and developments of that industry, it is only natural that our first and primary efforts involve the use of Tyrethane® as a screening medium. The product is ideal for application in the mining industry and other operations where the rate of wear on existing media is exceptionally high.In the event that you have already had some experience with polyurethane it should be poirted cut that there are many grades of the material. The polyurethane used in Tyrethane® Products will be compounded in a variety of chemistries and different heat treatments will be used to develop best mechanical properties to handle specific applications. However Tyrethane® will not be a ""cure all"" but when it is properly applied as a screening medium it will assist by lowering the unit cost for screened materials.Prior to an explanation of the advantages of Tyrethane® let's review the conventional screening media whose applications may be considered as good candidates for replacement by Tyrethane®.1.,Woven Wire Cloth.2.,Perforated metal screens.3.,Rubber faced perforated metal screens.4.,Perforated rubber screens.5.,Cast steel screen segments and weldiments.6.,Profile wire.In most cases a Tyrethane® section is designed for a one for one replacement of the material now being used. It is rarely necessary to modify the screening equipment to enable you to install the Tyrethane® Product although it may be desirable to take some steps to improve the service life of hold down components such as Clamping Strips or Tension Members. Those parts can be encapsulated in polyurethane if necessary.To fabricate the Tyrethane® section we have three basic building blocks. They are: (1) Small molded segments having square or slotted openings, (2) Reinforcing material and (3) the raw liquid polyurethane."

Jan 1, 1976

By R. D. Brown

Manitoba has now joined Ontario and Quebec in providing for new incentives and lower tax rates for the mining industry. A single rate of tax (to replace the former two-tier royalty), an investment tax credit and a relatively straightforward set of rules for calculating taxable mining profits are the main features of new mining tax legislation announced by Manitoba's Finance Minister Donald W. Craik in his May 15, 1979 budget address. On introducing amendments to reform The Metallic Minerals Royalty Act, the Finance Minister indicated that the new tax regime is intended to restore the Manitoba mining tax system to a competitive position in Canada, and should result in renewed investment in the province's mining industry. 1n this regard, the government could be right-there is little question that the new tax regime will produce greater incentives for the mining industry than the two-tier royalty system introduced by the New Democratic government in 1975. The proposed changes, contained in Bill 57, would largely be effective January I. 1979.

Jan 1, 1979

By S. Razavialavi

In the planning phase of every construction project, layout of temporary facilities is a crucial task; site layout can affect safety, travel cost and time, construction productivity, and space utilization. However, site layout planning can be a complicated problem, due to the interdependency of influencing factors. Although interaction among activities is one of the major drivers of site layout planning, it has not been properly addressed in past research. In this study, simulation is presented as a promising tool to address this gap. The capability of simulation technology to model complex processes in construction projects makes use of simulation tools in site layout optimization problems effective, while existing methods are unable to perfectly model these problems, in some cases. Additionally, the advantages and challenges of implementing simulation are assessed and a generic framework for simulation application in site layout planning is proposed.

Aug 1, 2013

By A. A. Nourbakhsha

The main application of refractories based on andalusite in ferrous metallurgy are in air heaters of blast furnaces, mobile mixers, and hot-metal transfer, pig iron ladle, steel-casting, and intermediate ladles. Three specific properties of andalusite are very interesting for the production of high-quality shaped and unshaped mullite refractories: being free of water, its crystal a remains stable without changing its density or volume after firing and therefore has no internal porosity .Graphite additives due to its great wetting ability play an important role in raising the property of refractory bodies. In order to improve properties of andalusite graphite bodies, oxidant agent for increasing in hot strength and oxidation resistance can not be avoided. In this research, firstly 8 pig iron ladles from ESC(esfahan Steel company) with different conditions selected and monitored during usage to determine of main factors affecting on corrosion of refractories. Results showed that tap to tap time, undischarged pig iron ,penetrated pig iron are the main ones.Literature studies showed that the graphite addition help to thermal shock resistance and liquid penetration(steel,pig iron) effect. In this research particle size distribution of aggregates containing andalusite and graphite determined by andreazen equation. Then different mixes with different percentage of graphite,Si, FeSi, SiC prepared by uniaxially pressing under 1500kgf/cm2 pressure by adding 4%wt novalak resin and 0.4%wt HMTA as hardner. Samples fired at 1100-1500oC under reduction atmosphere. According to specific standards density, porosity and CCS measured. Analytical tests such as XRD, SEM were carried out on sample selected from point of view of mechanical properties at different temperatures. Results showed that optimized amount of Si and Fe-Si for _-SiC formation in body is 4 and 6 %wt respectively at 1500OC. XRD and SEM analysis on sample with Fe-Si additives showed no destructive phase through the matrix, also SiC additives not only increase oxidation resistance but also no effect on thermo-mechanical properties.

Oct 1, 2011