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By R. M. Giegerich

"This paper begins with a brief history of Madawaska Mines, a brief description of the geology, mining methods and equipment, and the historical development of 7/8-in. tapered drilling equipment. It then outlines the performance characteristics and inherent problems of the traditional 12-degree, tapered connection, blade-type insert bits. Service-free (Unipass) button-type insert bits are presented as a possible solution to these problems. The paper concludes with an analysis of button bit performance to date.Brief History of Madawaska MinesMadawaska Mines Limited, near Bancroft, Ontario, is in Faraday Township, Hastings County, approximately 100 miles northeast of Toronto and 100 miles west of Ottawa.The mine re-opened in 1976committed to 1,500 tons per day to provide approximately 600,000 pounds of yellowcake (U3O8) per year to A.G.I.P. (an Italian government agency) under the joint ownership of Federal Resources Corporation, Salt Lake City (51%), and Consolidated Canadian Faraday Limited (49%). At present, the mine is producing approximately 2 pounds per ton (.1% U3O8) at the rate of 60,000 pounds per month. The mine employs about 400 employees.Brief Description of Geology, Mining Methods and EquipmentGeologyThe Grenville metasediments of the mine area are chiefly paragneiss, amphobolite and some carbonate (marble) rocks, which were intruded by a basic rock, altered to a metagabbrometadiorite. These formations are generally concordant, striking east to northeast and dipping 45 to 60 degrees to the south. Locally, the metagabbro is often discordant. The above group of rocks (mixed hybrid gneisses) forms the hanging wall of the south-dipping Faraday granite sheet and was intruded by nepheline syenite, syenite and granite. The ore occurs in the granite-syenite-pegmatite dykes that are probably genetically related to the Faraday granite. The ore shoots are erratically distributed within the pegmatite bodies, mainly on the hanging or footwalls but also medially. Their size varies from 50 to 350 feet in length, 5 to 40 feet in width and 50 to 200 feet in height. The ore occurs most frequently in a medium-grained granite or syenite, well hematized with 10 to 30% mafic crystals of pyroxene, amphibole and/or relics of the host rock."

Jan 1, 1982

By M. J. Fairweather

"The development of means to maximize the selectivity between galena and sphalerite in lead zinc ores is extremely important to the lead-zinc industry. Two challenging studies recently undertaken by Cominco will be reviewed. The first required an unusually fine grind to achieve liberation between galena and sphalerite. The second contained partially altered galena which resulted in unusual early activation of sphalerite under normal flotation conditions. Means by which lead and zinc separation were optimized in these two ores will be discussed.There are two important factors in the separation of minerals by froth flotation: particle size distribution (grind) and pulp chemistry. Pulp chemistry includes a number of factors including pH, Eh, collector type and concentration, inorganic depressants, organic depressants and activators.Grind is important for two reasons. A sufficiently fine grind is required to optimize liberation. However, if the mineral dissemination is too fine, mineral selectivity in the flotation process is impaired. Due to the hydrodynamic constraints of conventional mechanical flotation cells, flotation works best over the single decade size range between 10 and 100 microns. The majority of new ores treated by Cominco until relatively recently were comparatively simple. The major factor in their treatment was defining optimum grind size. Accordingly, the focus within mineral processing at Cominco was on grind and supporting liberation studies. The relationships between grind, liberation and flotation response are intuitively easy to understand. An idealized relationship is shown in the first figure."

Jan 1, 1991

By Donald C. Craighead

"Overland conveyor systems to transport bulk materials from mines to processing plants or load-out stations have to be seriously considered as the viable alternative to truck and train haulage systems. With the ever-increasing price of diesel fuel, conveyors with their electrical drives generally prove to be the least costly when operating and maintenance expenses are analyzed for the life of the installation.IntroductionOverland conveyor systems are now considered as one of the viable alternatives which should be closely investigated when a mining company and its engineers initiate studies on methods of transporting raw materials from a mine to a processing plant or rail load-out station.This paper will generalize the overland conveyor and compare it with alternative handling systems. Each installation must be carefully studied to determine the best route, type of foundations river crossings; amount of excavation work for cut and fill, maintenance roads, etc. No two locations are the same nor are the principles of operation of an overland conveyor the same as those of a normal plant or mine belt conveyor. The proper time and effort must be put into the study of the system to evaluate the costs for comparison with other systems.The length of the overland conveyor depends on the layout of the mine and plant and the topography of the terrain between the terminals. Individual lengths may be up to 20 km, and a series of conveyors may extend 100 km or more.Advantages of Overland ConveyorsThe main advantage of overland conveyors is the low operating and maintenance costs which will be realized over its years of operation. Although truck haulage probably will permit lower capital investment during the initial phases of the mine development when the annual capacities have not developed to the design level, their operating and maintenance costs will be considerably higher. When evaluating the total costs per ton of material to be handled during the expected life of the operation and the projected increases for diesel fuel versus electricity, overland conveyor systems will generally prove to be economically more viable."

Jan 1, 1982

By P. Chu, J. A. Finch

The formation of small bubbles in flotation is usually accomplished by the use of frothers, or sometimes is due to the presence of inorganic salts in the process water. The effective mechanism associated with the presence of these solutes is generally considered to be coalescence inhibition. However, recent work has demonstrated that the presence of frothers and salts also reduces the size of bubble at the initial formation stage. In this paper we adapt the same experimental setup to investigate the time that it takes for a bubble to form; for a known system power input, the energy to form a bubble can then be estimated from the time. The hypothesis is that the presence of frother and salt will reduce the time for a bubble to form, which can be interpreted as an added energy component being derived from the solute. Testing different types and concentrations of frothers and salts, the hypothesis is supported: the mechanical energy required to form a bubble decreases by about 10% in the presence of these solutes.

Jan 1, 2015

By Paul Delottinville, Maynard Hall, Henry Hillier

"An expert system application for supervisory control and optimization of the indurating process at the Iron Ore Company of Canada (IOCC) has been developed and installed in closed-loop. Prior to the installation of the expert system, the indurating machine was rebuilt and the instrumentation revamped. A Foxboro I/A Distributed Control System (DCS) was installed for regulatory control, and a new control strategy configured. The modernization of the regulatory control has resulted in significant improvement in both production rate and product quality. Expert system control was implemented in September 1996. Preliminary indications are that the expert system has further improved the consistency of product quality, enhanced fuel efficiency and increased productivity. The expert system considers both wet and dry sections of the circuit, and its optimization scheme is driven by pellet tumble index and compression strength. Statistical Process Control (SPC) rules were implemented in the expert system as part of the quality analysis and control scheme. The expert system application was developed and delivered using the Comdale Expert Optimizer (CEO), and has been in continuous closed-loop control since its installation. The system development and implementation is described, and preliminary benefits are presented..... IntroductionIn early 1996 the Iron Ore Company of Canada (IOCC) contracted Comdale Technologies of Toronto to develop and implement a real-time expert system for optimizing the indurating pelletizing furnace at our plant location in Labrador City, Newfoundland.The decision to install the expert system has been timely. Like many other resource-based industries in increasingly competitive markets, IOCC recognizes the need to find ways to improve the efficiency of our production process and ensure that product quality is maintained at the highest levels. With the Labrador City plant producing 11 million tons of iron ore pellets annually, implementing the best technology solutions to meet these objectives is critical."

Jan 1, 1998

The article presents an outline of methods and certain results of laboratory tests, underground tests and model tests, aimed at assessing performance of a powered shield support on the floor of low strength parameters. The tests were conducted within the framework of GEOSOFT project co financed by Research Fund for Coal and Steel (RFCR-CT-2010-00001). The described research works were conducted by Central Mining Institute (Glówny Instytut Górnictwa), Janina coal mine and Becker-Warkop

Aug 1, 2013

By J. A. Jr. Carpenter

Expanding world economic prosperity, probable peaking of conventional petroleum production in the coming decades and environmental concerns require efforts to increase the efficiency of, and the development of alternatives to, petroleum-based fuels used in automotive transportation. In January 2002, the U.S. Department of Energy (USDOE) and the U.S. Council for Automotive Research (USCAR) of the "Big Three" traditionally-USA-based automakers, DaimlerChrysler, Ford and General Motors, formed the Freedom Cooperative Automotive Research (FreedomCAR) Partnership to fund high-risk, high-payoff research into advanced automotive technologies with the potential for eventually lowering the USA's nearly complete (95%) dependence on petroleum, 55% imported, for its transportation fuels. FreedomCAR replaced the Partnership for a New Generation of Vehicles (PNGV) which existed from 1993 to 2001. In January 2003, the energy-supply industry joined with the FreedomCAR Partnership forming the FreedomCAR and Fuel Initiative (FC&FI) to develop the technologies needed for the mass production of fuel-cell vehicles using hydrogen as fuel and the infrastructure needed to deliver the hydrogen to the consumer. The goal is to enable the automotive and energy-supply industries to make commercialization decisions in 2015 on large-scale introduction of such vehicles and on developing the infrastructure beginning in 2020. In addition to work on fuel cells and hydrogen infrastructure, the FC&FI conducts research on technologies with the potential for nearer-term energy efficiency and environmental benefits, such as new engine concepts, lightweight materials, and engine-electric hybrid propulsion systems. Lightweighting is seen as crucial for shorter and for longer term benefits because hybrid and fuel-cell powertrains are expected, at least in the early stages of adoption, to be heavier and more costly per unit of power than the standard internal-combustion, gasoline- or diesel-fueled powertrains they replace. Research and development (R&D) on casting of aluminum automotive components were major parts of the PNGV and R&D on casting of magnesium automotive components have been and are so under FreedomCAR. This presentation will review those efforts.

Jan 1, 2006

By E. H. Henderson

MR. R. V. NEILY stated that he had at one time operated at Goldenville. The practice and results are much the same now as in the olden days. Inside plates were then found to be a source of trouble and had been removed. At the Libbey mine, Queen's county, the sulphides carried considerable gold, and $45.00 to $60.00 per ton had been recovered from the concentrates by roasting and chlorinating. Later, concentrates were treated with bromocyanide. Following that practice, a cyanide leaching plant was installed, which did not require concentration of the tailings. Cyanidation brought a recovery of around 95 per cent, with but $300 worth of plant. In Nova Scotia, the ore of each locality presents an individual problem of its own as to treatment required. Ma. W. B. Timm stated that, in the majority of Nova Scotia gold ores, more than 75 per cent of the gold content is free-milling and, naturally, stamps are most efficient for collecting and amalgamating this gold. In Ontario and the West, they had got away from stamps, and perhaps the main reason was that the supply of battery-men, who came from Nova Scotia, had died off. Ball-mills had been installed, which required smaller space and handled large tonnage, even though, as far as amalgamation goes, the stamps were probably more efficient. If concentration is to be done, ore from stamps is usually in better shape for recovery in passing over the tables, as there is no slime. With the ball-mill, flotation is necessary. The better practice, undoubtedly, is to take out what gold is possible before it is all smashed up, as in the ball-mill, though recent developments in the ball-mill make it possible to trap and take coarse gold directly from the mill. In this way, cyanidation is speeded-up, due to saving of the time the coarse gold would take before going into solution. PROFESSOR A. E. FLYNN found it unusual in these days to read anything in favour of the stamp mill, and thanked Mr. Henderson for the excellent paper in which he upholds the stamps and backs his opinion with facts from actual operations. For the typical Nova Scotia ore, containing coarse gold, stamps are un¬excelled. It used to be said that the virtue of stamps is that they brighten the gold for amalgamation. Although this saying is almost classical, it is not true, for gold is never brighter than in the native, untouched state. Any hammering that gold gets makes it more difficult to amalgamate.

Jan 1, 1935

By Rodolfo Zanella

Au/TiO2 catalysts were prepared by deposition-precipitation using NaOH (DPN) (~3 wt % Au) and urea (DPU) (~8 wt % Au), and calcined at various temperatures between 100 and 400 °C. They were characterized by UV-Visible, XANES, EXAFS and TEM. Their activity were tested in the reaction of CO oxidation at 5°C. After preparation, the gold species are in the oxidic state III. They begin to transform into metallic gold under air at ~100 °C for DPN and ~150 °C for DPU. At 200 °C, all the gold is metallic for the two preparation methods. The particle size increases from 1.5 to 3.5 nm with the calcination temperature. The catalytic activity for CO oxidation increases with the percentage of metallic gold, and it is maximum at 200°C for both types of samples. The activities (per mole of Au) are the same for the two types of catalysts. At higher temperatures, the catalytic activity drops. The decrease of activity is mainly due to a change of particle shape with the calcination temperature rather than to the increase of the particle size. At a calcination temperature of 200°C, the particles present small facets with rounded parts, and their outer surface contains a large proportion of low coordinated sites (steps and corners) while at high temperature of calcination, they are truncated octahedra with smooth facets.

Oct 1, 2003

By K Morrison

Different individuals have calculated the boundary stresses around elliptical openings in an infinite elastic medium for various conditions of loading. With caution, such calculations are useful in indicating stress trends in mining. This paper illustrates an application to caving operations and suggests that abnormal field stress would have an adverse effect. Introduction GELDART and Udd (1), applying elastic theory, confirmed, and set out graphically, the stress distributions on the surface of elliptical openings with axis ratios varying from 1.0 (a circle) to infinity (a crack). The loading conditions varied from uniaxial to hydrostatic, and inclinations for the opening, with respect to the stress axis, varied from 0° to 90°. As most mine openings can be generalized into this elliptical conception, the usefulness of the presentation lies in the fact that given reasonable estimates for the stress ratio, the axis ratio, and its inclination, then the trend in stress concentrations as an opening develops can be readily approximated.

Jan 1, 1964

By David Davidson

Overview- Points To Be Addressed ? Review the building blocks of a successful and vibrant industrial economy ? China?s current position in the global economy ? China?s voracious appetite for raw materials ? Distortion in import/export trends ? Areas of strategic importance for China - Steel and its components - Agriculture self sufficiency - Energy now and for the future ? Do current valuation techniques fairly value ?strategic? assets? China ? The Economical Miracle - Massive shift in population from rural to urban - ?Middle class? growing rapidly, hence strong consumer growth - China is the manufacturing center for the world ? cheap labour and - modern facilities - Infrastructure build out ?US$585b stimulus package and 5 year plan - Rail ? 30,000 kms of new track planned by 2020 - Power ? 50% capacity increase, including 35 nuclear reactors - 100 major new airports - State of the art process and manufacturing facilities - Port capacity ? 100m TEU capacity increase by 2020 Class 1 national highway ? 35,000 km?s by 2020

May 1, 2010

By Sadan Kelebek, Gerhard W. Heinrich, Peter F. Wells, Peter J. Whittaker

"Based on plant mineralogical data & circuit modelling, a pilot plant campaign was conducted at Strathcona Mill to identify options for improving the performance and operating flexibility of the copper-nickel separation circuits. Emphasis was given to options for combined treatment of the two feed streams (primary nickel ore rougher concentrate and copper ore circuit concentrate) to obtain more flexibility in the use of existing column flotation capacities. The pilot test results demonstrated that circuits which incorporated preconcentration prior to column flotation gave the best metallurgical results. Maximum column carrying rates were also related to the preconcentration. Predictions that increased circulating loads from the column scavengers would improve copper-nickel separation performance were confirmed.IntroductionThe copper-nickel separation circuits at Falconbridge's Strathcona Mill produce a high grade (>30% Cu) copper concentrate most of which is treated at the Falconbridge Kidd Creek smelter near Timmins. The remaining nickel concentrate which still contains approximately 20% of the feed copper is combined with other lower grade nickel/copper concentrates and shipped to the Falconbridge nickel smelter. The separation is required because of the limited capacity for copper processing in and downstream from the nickel smelter. Since no nickel is recovered at present in the Kidd smelter, the challenge is to minimize the nickel content of the copper concentrate.At present there are two independent separation circuits treating the rougher concentrates from the copper and nickel circuits as shown in Figure I. The minerals treated are mainly chalcopyrite and pentlandite but there is up to 25% of the copper present as cubanite in the copper ore. The circuits were kept separate because the flotation rates and froth characteristics were very different, probably because of the presence of cubanite and the large difference in the concentrate grades feeding the circuits."

Jan 1, 1995

By Jonas Olsson

"The picture of China as an antiquated continent is changing rapidly and fast-forwarding progress is a fact in most infrastructural fields. Mining is not an exception. China is today the largest producer of aluminum, coal, steel, zinc, tin, lead and manganese and the country’s mineral resources comprising approximately 12% of the global reserves ranks them number three in the world after US and Russia.In order to feed the growth industry is needed to take extra ordinary strides to improve supply of raw material and Chinese mines are continuously being upgraded with the latest western technology to meet the increasing domestic demand of base metals.In Anshan located in China’s northeast province Liaoning we find one of the fastest developing mining companies, Angang Iron & Steel Group Co. Ltd. With their six mines that together process approximately 60 M ton iron ore/year Angang Iron & Steel Group Co. Ltd is the largest iron ore company in China. The group’s thorough pre-studies and technical evaluations over the past five years have made them very successful in both plant upgrades of existing operations and green field projects.INTRODUCTIONWe live in a time when the world market is gradually acclimatising to the global consequences of “The China effect”. An effect caused by a formerly sleeping giant nation that during the last years has awakened and developed beyond comparison, primarily because of booming infrastructure projects and demand for capital and consumer goods"

Jan 1, 2006

By M. A. Vos

"Aggregates are the low-cost mineral raw material of building construction. Large volumes of aggregate are consumed each year. The availability of aggregates in southern Ontario is discussed in the context of the geological formations in which they occur. Sand and gravel are abundant in glacial deposits and in recent sediments. A knowledge of the glacial history is important for their discovery. Bedrock formations provide a variety of aggregates in Ontario. Knowledge of the rock types involved and of the depth of overburden are important for evaluation of the aggregate potential of bedrock resources in an area. Utilization of available resources intensifies as the population increases. Urban development makes it progressively more difficult to satisfy the demands of the construction industry. The effects of urban development on the aggregate resource base of an area are illustrated by developments and consumption statistics in the Toronto- centred region. There is an obvious need for a comprehensive survey of available resources in urban areas to serve as a guide in land-use planning. To fill this need, staff members of the Industrial Minerals Section, Geological Branch, Ontario Department of Mines and Northern Affairs, are engaged in mapping projects and mineral resource studies in southern Ontario as well as in some urban areas of northern Ontario."

Jan 1, 1972

By W. L. Stuewe

The Dominion Steel and Coal Corporation requires enormous quantities of bricks each year for its Sydney steel plant operations. Clay brick of all types are purchased, while silica brick is made in the Company's plant at Sydney. A description of this plant was given in a paper presented by H. B. Gillis and F. C. Morrison at the 1938 Annual General Meeting of the Institute. The rock used to make silica brick was for years obtained from a quarry at Leitches Creek, about eighteen miles from Sydney. Due to the gradual deterioration of this deposit, the Corporation was forced to look for other sources of supply. In 1945, the problem was presented to the Nova Scotia Department of Mines and, through the efforts of Dr. A. E. Cameron and Mr. J. P. Messervey, an examination was made of a silica-rock deposit some six miles northwest of Yarmouth, N.S. Preliminary samples proved satisfactory, and arrangements were made with the Department of Mines to ship to the steel plant at Sydney a fifty-ton car load for the purpose of further testing. Brick made from this sample shipment stood up very well in the furnaces. At the same time, two hundred and fifty tons of silica rock from a deposit at Lac Bouchette, Que., were purchased from the Industrial Silica Corporation, and brick made from this rock also was found suitable for our requirements. Comparative transportation costs, however, led to a decision to open the Yarmouth deposit. The silica rock, or quartzite, of this deposit outcrops at Chegoggin point along what is known as the 'Pembroke shore', a northerly trending section of the coast-line at the extreme southwest of the Province, in Yarmouth county. The country here is fairly flat, with elevation averaging about twenty feet above high tide, and is for the most part mantled by a growth of brush and some scrub trees, chiefly small fir. Bed-rock is generally concealed beneath three to four feet of clayey soil, but scattered outcrops of the quartzite indicated that a band of this rock, some 260 feet wide, extended inland in a northeasterly direction from Chegoggin point at least to Utleys lake, a distance of about three miles.

Jan 1, 1947

By C. J. Brown

"Access to the outside world is supplied by the Alaska Highway to continental Canada and the United States, the Haines Highway, and by the White Pass & Yukon Route to Skagway and Vancouver. Communities and mining developments located along the Alaska Highway are supplied daily by truck transport with commodities originating in Whitehorse, Edmonton, and Vancouver.The average payload on the Alaska and Mayo Highway is in the order of 16 to 25 tons and is subject to government regulations. Highway haulage distances to railhead at Whitehorse vary as does the direction. The Clinton Creek asbestos development is located 395 road miles north-west of Whitehorse whereas the United Keno Hill operation is 287 miles to the north. Cassiar Asbestos is located in Northern British Columbia at a distance of 357 miles south-east of railhead at Whitehorse. In order to service these various mines multipurpose highway vehicles have been designed to allow maximum backhaul of petroleum products. The White Pass & Yukon Route was established as an integrated transportation system from 1955 when it became apparent that three non-integrated systems (ship, rail and truck), with the various paper work and rising costs, could not continue to serve the needs of Yukon. Integration became the company policy and a system was developed. A special container ship (Clifford J. Rogers) was designed and built. This was the first specially built container ship in the world. The northern container integrated system was operational in 1955.In 1965 over 8.5 million dollars were spent in upgrading the container facility and the construction of a tanker-container ship designed specifically to serve Yukon and Northern B.C. This program was based largely on experience gained with the original container concept. Two tanker-container ships handled"

Jan 1, 1973

By F. McIntosh Galbraith

EMPLOYING geophysics to find ore was for a long time considered by the Canadian mining fraternity to be a performance of dubious value: in a category somewhere between the practice of sorcery, and using a divining rod to locate underground water. With increasing knowledge, however, and with constantly improving instruments, a solid speaking acquaintance with this adolescent science is becoming an integral part of the mining geologist's stock in trade. And quite properly so: for, in the established mining districts, the ore deposits which could be easily found, by ordinary prospecting methods, have already been located. There remain; however, in almost all of the principal mining camps, areas which are covered to varying depths by glacial debris; and it is here that the obvious opportunities exist for the successful application of geophysical methods. Geophysical results must always be considered in the closest possible relation to the local geology; and, in reality, the 'doodle-bugs' are simply additional tools for the geologist (in the same category with a plane table or a microscope). The Sudbury Basin is a shining example of precisely this state of affairs. Detailed geological mapping has not significantly altered the position of the outer norite contact as placed on Dr. Coleman's original map of the district. What detailed examination has done, of course, has been to reveal the accuracy with which the contact can be placed in different parts of the district, and to show up, in consequence, areas in which further work might reasonably be expected to disclose hitherto unknown or unsuspected ore. Viewed in this light, the proportion of the norite contact which is covered by substantial quantities of overburden is astonishingly large.

Jan 1, 1939

As a bubble travels through the pulp region of a flotation cell, it will collect the most hydrophobic particles of an intermediate particle size range, this being the primary source of true flotation selectivity. Despite its role on bubble-particle attachment, however, particle hydrophobicity is still missing a mathematical definition that can be used for plant simulation. In this paper, particle hydrophobicity is defined in terms of the induction time necessary for attachment and then linked to the mass of collector adsorbed per particle. This allows particle hydrophobicity to be written as a function of density of collector adsorption as well as particle size and mineralogy. The model is calibrated from the experimental measurement of the flotation rate constant. Liberation data from an industrial flotation rougher is used for model validation. It is demonstrated that the model can describe a broad experimental dataset by means of a minimal number of parameters. Main industrial application is in simulating the effect of the chemical environment upon plant metallurgical performance.

Jan 1, 2006

By J. M. Houston

"In October 1982, Rio Algom Limited, purchased a tin prospect near East Kemptville, Nova Scotia, from Shell Canada Resources. This purchase led to the development of the first substantial tin mine in North America. This paper deals with the drillingand blasting operations at Rio Algom, in particular the use of emulsion explosives technology.This presentation describes what emulsion explosives and Heavy AN/FO are, and the support system used to deliver these products to the blast site.HistoryThe East Kemptville mine site was discovered by Shell Canada Resources (SCR) in July 1978. SCR started diamond drilling on the tin prospect in March 1979. After 8220 m of BQ drilling, it was estimated a reserve of 56 000 000 tonnes of 0.165% Sn was present.The property, which is located 54 km northeast of Yarmouth, Nova Scotia (Fig. 1), showed, after a feasibility study that, given an ore treatment rate of 9000 tonnes per day, a mine life of 17 years could be expected.GeologyThe tin deposit of the East Kemptville Mine, occurs in granitic rocks at their contact with metasedimentary rocks. The mineralization is in the form of cassiterite with associated sulphides of copper and zinc. The tin occurs in a stockwork of tin bearing Greisen alteration zones.East Kemptville MineThe mine planned an open pit operation with the first five years being mined at a rate of 14 000 tonnes per day, of which 5000 tonnes will be waste and low grade ore. Eventually, the total mining rate will be 21 000 tonnes per day, including 12 000 tonnes of waste and low grade ore. Figure 2 shows the general layout of the mine site.East Kemptville Chooses Emulsion ExplosivesIn December 1984, East Kemptville Mine awarded the Explosives Division of C-I-L Inc. a contract to supply explosives to the borehole. The system chosen gives East Kemptville the on-the-bench choice of regular AN/Fa, or a high density, Heavy AN /Fa product called SuperAN· or a water resistant emulsion explosive called MAGNAFRAC· for holes that cannot be dewatered.Emulsion ExplosivesAn emulsion is an intimate mixture of two liquids that do not dissolve in each other. Emulsions have contributed to our daily lives in such products as insecticides, salad dressings and cosmetics."

Jan 1, 1987

By Eric Low

Raising capital by issuing debt or equity is necessary in almost every corporation. In the field of corporate finance, the raising of capital is a heavily-studied topic. However, some of what is studied on this topic in corporate finance is not applicable in the mining industry. There are also many financing options that were created for the mining industry such as flow-through shares, prepaid forwards, and royalty sales. The cyclical nature of the industry makes the risk-return profile of financings more difficult to estimate than in other industries. Additionally, the methods used to assess firm value are different than other industries, as the values of orebodies are not included on balance sheets. For precious metals companies, which are a hedge against most other securities, there are additional complications with determining investor expectations and cost of equity. This thesis puts forth a decision-making framework to explain mine financing choices from the perspective of mining companies. The approach is threefold. First, all of the major equity and debt financing instruments available to mining companies are presented and analyzed. Each financing method is assessed on a wide range of criteria. Next, these concepts are applied in case studies of four companies: BHP Billiton, Barrick Gold, Teck Resources, and Noront Resources. For each company, the overall choice of financing methods is shown and analyzed. The effect of financing choices on the weighted average cost of capital (WACC) is calculated. The final section deals with case studies of individual mine finance decisions during the past two years.

May 1, 2011