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By J. B. Evans

"THE OPPORTUNITY to participate in a CIM seminarconcerning the direction of mining engineer trainingis perhaps fortuitous as it comes at a time when theengineering schools which have invited inspection byCanadian Accreditation Board of the Canadian Councilof Professional Engineers are examining theirrespective curricula.Currently there exists considerable soul-searching in various engineering schools across Canada where questions such as the following are being posed.- Have we achieved the correct balance between subjects related to technical methodology and subjects devoted to conceptual planning and design?- Should we include ""applied humanities"" in our program? (Whatever ""applied humanities"" might mean!)- Should courses covering pollution control, ecology, economics, technical writing, professional conduct and ethics be offered as compulsory subjects, as electives, or not at all?- Is it a better scheme to have students complete an Arts or Science degree before entering engineering?- Do we place too much emphasis on pure mathematics and sciences with the result that insufficient time is available for instruction in the engineering applications of these subjects?- Should English expression and/ or literature be included in the engineering programs and, if so, should these subjects be presented by the English department or by English lecturers captive to the engineering school? - Is the present program directed primarily at research activities rather than preparing engineers for their future roles in industry? - Should we teach our own versions of mathematics and physics? - Do we have sufficient engineers on the faculty strength or are we overloaded with Ph.D.'s from the pure sciences? - How flexible should the program be, what should the compulsory vs elective course content be, and what freedom of choice, if any, should be given with respect to elective courses? - To what extent should students contribute to faculty decisions?- How far should we pursue computer science subjects and do we need to make our students proficient in computer programming? - How far should operations research and mathematical models be carried in the undergraduate program when the students have limited experience in the real engineering world? - Realizing that an engineer never completes his education, should the undergraduate program cover ""bare bones"" engineering and should instruction in particular disciplines be left to graduate schools and / or industry?"

Jan 1, 1972

By Pier-Olivier Devin, Daniel Hodouin, Maryam Sadeghi, COREM, Claude Bazin, François Lavoie

"Spiral concentrators are used for processing coal and heavy minerals such as it is the case for the concentration of iron oxide from light silica gangue. The concentration process for iron ore usually consists of a rougher bank of spirals followed by two stages of spiral cleaning. The process control applied to the concentration circuit aims at maintaining a target iron content of the final concentrate and is mainly conducted by adjusting the wash water addition and the position of the splitter gates at the discharge of the spiral. This paper describes the use of a simulator to study control strategies for a gravity concentration circuit using spirals.INTRODUCTION The Canadian iron ore mines are located in the Northern part of Quebec and in Labrador (Neal, 2000). These iron ores consist mainly of hematite with some ore bodies rich in magnetite and ilmenite. The processing of the coarse hematite iron ore consists of the extraction from an open pit mine, followed by the conventional crushing and autogeneous grinding of the ore to obtain a particle size smaller than 1.2 mm. The ground ore assaying 40% hematite (Fe2O3) with quartz (SiO2) as the main gangue is processed by spirals to produce an iron oxide concentrate assaying 90 to 95% hematite.Spirals separate the particles according to their specific gravity and size (Burt, 1984; Bazin et al., 2014). These environment friendly devices have been used for decades and are still used for the preparation of coal and for the concentration of heavy minerals such as iron oxide (Staff, 1977; Wills, 1992). However very little information is available concerning the control of gravity concentration circuits. This paper analyzes the control practice of a gravity concentration circuit using a simulator. The paper consists of 3 sections. The first section describes the operation of spirals and spiral concentration circuits. The second section briefly describes the simulator and shows some simulation results for a gravity concentration circuit. The third section shows the application of the simulator for the study of control strategies for a spiral concentration circuit."

Jan 1, 2016

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 D Martín, G. Díaz, F. Cubeddu, A. B. Mejias

The Modified ZINCEXTM Process (MZP), developed by Técnicas Reunidas, is an industrially proven flexible process. It can handle a wide range of primary and secondary raw materials, producing SHG zinc. The core of the Modified ZINCEXTM Process is the zinc solvent extraction unit. This unit is an effective barrier for any leachable impurities present in the raw material. As a result of this an ultra-pure zinc solution is always obtained. The high versatility of the process makes the application of the technology in different scenarios possible. MZP can be effectively applied when developing a whole new plant (Skorpion) or adapting its scheme to an existing refinery (Akita), in both cases giving the same results. Flexibility in terms of capacity of the plant is a great advantage of the MZP, there is the possibility to adapt the global process to a wide range of production capacities. Zinc production capacities of over 150 000 t/a may be achieved with a single solvent extraction plant train. The robustness of the Modified ZINCEXTM Process has been recently proven on two new plants currently in operation: Portovesme (Italy) and Horsehead (USA) after start up during 2013. The status of both plants is described in this paper.

Jan 1, 2014

By M. Bustin, A. Hosseinian, G. Preisig

Hydraulic fracturing and hydraulic shearing techniques are essential for the development of unconventional oil & gas and geothermal resources. Such techniques will also play a key role in the development of CO2 sequestration, and management of high stresses encountered with deep mining. However, the optimal design of hydraulic injections is often limited by continuum treatments of the rock mass without consideration of the influence of the natural fractures present. These may interact with the hydraulic fracture to promote offsets or arrest, or may cause the natural fractures to undergo shear and dilation. Given the limited access to the rock afforded by deep boreholes common to oil & gas and geothermal projects, advanced numerical modeling is critical for understanding key mechanisms and interactions. In this work, we first present a coupled hydromechanical distinct-element model focusing on the propagation of a hydraulic fracture. Normal and shear displacements arising from the generated hydraulic fractures are subsequently integrated into a fracture flow model for detailed analysis of specific flow behaviour and fracture permeability. For this, a scanned 3-D profile of a natural fracture is used to correlate surface roughness to dilation as a function of shearing. Fracture flow is computed at different time steps corresponding to different fracture propagation states and geometries. Modeling results indicate that the opening of a tensile hydraulic fracture is accompanied by millimetre-scale shear displacements associated with slip and wedging between adjacent blocks. This may leads to a mismatch between the upper and lower walls of the fracture if asperities are irregular and strong enough. However, fluid-induced tensile fractures have low Joint Roughness Coefficients (JRC), and associated millimetre-scale shear displacements are too small to ensure a significant offset of asperities that prevent a fully-elastic closure when the hydraulic fracture is depressurized. Injection of proppant is thus critical to keeping hydraulic fracture apertures open. Future work is planned that will see the models calibrated against field data including microseismic event locations, magnitudes and source mechanisms, tiltmeter deformations, stress change, and pore pressures.

Jan 1, 2015

By C. Kim

The integration of three-dimensional (3D) data with infrared thermography has received much attention for its potential use as input data for building energy simulations. Therefore, researchers have proposed methods to integrate 3D data with infrared thermography obtained by different sensors. These studies show the potential of the integration of 3D data and infrared thermography using various systems. However, these studies have ignored property aspects of infrared thermography, such as the low resolution of infrared thermography and external environmental influences. Thus, their proposed methods to integrate 3D data and infrared thermography are inadequate because these problems can affect the resulting building energy simulation. This research proposes a framework that integrates infrared thermography and 3D data while accounting for the resolution and shadow effect of infrared thermography. The proposed framework consists of three steps. In the resolution enhancement step, bi-cubic interpolation is proposed. In thermal data correction from the shadow effect, the shadow area is detected from the visible image, and then the shadow effect is removed from the registered infrared thermography. Finally, enhanced infrared thermography is mapped to the 3D data obtained by a laser scanner. The performance of the proposed framework was evaluated using test images obtained from a building in operation. The experimental results show that the proposed framework provides a 3D thermal model that is useful and accurate in simulating building energy. It is expected that the 3D thermal model can be used for accurate energy simulation of existing buildings. In addition, the proposed framework can be applied in defect detection for buildings. Furthermore, this novel approach enhances infrared thermography using visible images.

Aug 1, 2013

By W. D. Fogwill, P. J. Clarke

"The Dawn Lake uranium deposits are located 340 km north of La Ronge, Saskatchewan, in the Athabasca Basin between the Midwest Lake and Rabbit Lake deposits. Four zones of uranium mineralization, called the ""11, 14, 11A and 11B Zones,"" lie within the Athabasca Sandstone, at the sub-Athabasca unconformity and in the basement.At Dawn Lake, approximately 100 metres of Helikian Athabasca Group clastic sediments overlie Aphebian Wollaston Group pelitic and calcareous metasediments and pegmatites. Uranium with some nickel, cobalt and copper, occurs near the sheared stratigraphic contact between calc-silicate gneiss and graphitic, pyritic pelite. The mineralization lies in an area of low magnetic susceptibility which is thought to represent a rock sequence lying stratigraphically high within the Wollaston Group. There is no obvious vertical displacement of the unconformity by faulting, despite considerable brecciation, shearing and slickensides seen in the basement rocks. This suggests horizontal displacement on steeply dipping wrench faults as the main tectonic control along the 11, 11A and 11B trend.Below the Athabasca unconformity, the Wollaston Group rocks are altered to fine-grained mixtures of clays, chlorite and silica commonly called regolith. Along the mineralized trend post-Athabasca fracturing and (or) compaction have occurred through this clay-rich alteration zone, causing the steeply-dipping primary foliation to become contorted. This ""crenulated"" horizon can reach depths of 35 metres below the unconformity and is thickest along fault zones in the calc-silicate rocks. The ""crenulite"" is a distinctive unit which at Dawn Lake is commonly found above pods of ore located deep below the unconformity.Much of the mineralization in the 11A and 11B Zones occurs above, beside and below the thickest part of the crenulated zone, although the crenulated rock itself contains negligible amounts of carbonate, pyrite and uranium. Intense vuggy alteration and collapse breccias are found in calc-silicate rocks deeper and to the west of the 11A and 11B mineralization. There are at least two ages of uranium deposition in the basement zones, shown by small bright cubes of ""pitchblende /"" overgrown and replaced by duller botryoidal ""pitchblende II. ""Sooty pitchblende and yellow secondary minerals are the result of still younger reworking.The geological setting of mineralization, along the contact between carbonate-rich calc-silicate rock and pyritic pelite, suggests that the uranium was concentrated at a pH/Eh boundary located between deeply weathered, carbonate-rich and sulphide-rich basement rocks."

Jan 1, 1986

By G. R. Guillet

Important resources of kaolin, refractory clay and lignite, not found elsewhere in Ontario, occur with quartz sand of glassgrade quality in unconsolidated Mesozoic sediments of the Moose River Basin in northeastern Ontario. These materials comprise the Mattagami Formation of Lower Cretaceous age, which overlie in some places a thin Jurassic unit and a thick Paleozoic section, and underlie as much as JOO m or more of glacial and marine sediments and a uniform capping of muskeg. The Mallagami Formation is known from deep boreholes to exceed 100 m in thickness and to consist of two phases: an earlier Type A unit of dark-coloured carbonaceous clays and lignite, and a later light-coloured (Type B) unit of kaolin-bearing quartz sands and bright-coloured refractory clays. Remoteness, poor access, and difficult physical environment have inhibited the exploration and development of these resources.

Jan 1, 1984

By Edward Thomas

Note. - Securing mine roof through consolidating thin or otherwise incompetent strata to increase overall thickness of the immediate roof beam is a new method of roof support and control which has aroused great interest amongst mining engineers and which is now being experimented with and thoroughly investigated by the United States Bureau of Mines. A paper on Roof Bolting, illustrated by photographs and motion-picture films, will be presented by Edward Thomas, of the U. S. Bureau of Mines, at the forthcoming Annual Meeting of the Mining Society of Nova Scotia. In the following pages, Mr. Thomas describes the methods used in roof bolting as illustrated by the photographs that accompanied his paper. The photographs are supplied through the courtesy of the United States Bureau of Mines, whose willing cooperation with miners and mining engineers in Canada is very well known and even more greatly appreciated. This method of publishing Mr. Thomas's paper is adopted because few, if any, Canadian mining engineers have actually seen installations of roof bolts and it is felt that the best possible presentation of such an interesting subject through the medium of the Bulletin will be attained by publication of the photograps over explanatory captions. - Ed.

Jan 1, 1950

By J. R. Gill

Introduction The property and plant of the Falconbridge Nickel Mines, Limited, is situated about 13 miles northeast from Sudbury, in Falconbridge township, near the eastern extremity of the southern Nickel Range. As early as 1899 or 1900 some work was clone on this property by the late Thos. A. Edison, when a shaft was sunk through 80 feet of overburden to within a few feet of the ore-body. At this point quicksand was encountered, which made it impossible to continue with the equipment at hand. As a result, the activities of the Edison party ceased in this section. There was no further progress until 1915 and 1916, when an extensive diamond-drilling campaign, carried out by the E. J. Longyear Company, located the ore-body that is now being worked. The property was acquired by the present operators in 1928, and in September of that year active mining development was commenced. Features Influencing Design Of Plant Early in 1929 plans were prepared for a smelter and the necessary crushing and sorting plant. In spite of the general trend towards the reverberatory furnace as a smelting unit, it was decided to erect a blast-furnace plant. The limited tonnage to be treated, of course, influenced this decision to a great extent. However, it was known that, with the proper procedure, extremely favourable results, both economic and metallurgical, could be obtained in blast furnace smelting. The possibility of very low slag losses, the simplicity of operation by the elimination of roasting plant, fuel plant, etc., the ability to handle coarse feed, and the lower initial cost, were considered factors in favour of the blast furnace. Notwithstanding the fact that we might be called on to treat a certain amount of concentrate, it appeared that the blast furnace was the proper unit for the contemplated operation.

Jan 1, 1932

By D. Beneteau, L. Feldman, D. Milne, A. Hyett, G. Snell

"Behaviour of rebar bolts subjected to combined shear and bending in underground potash mining applications is not well understood. An experimental investigation compared load applied to resin-grouted No. 25 metric rebar to theoretical load, calculated using elastic bending theory. Distributed optical sensing (fibre optic) technology allowed axial strain measurements at 1.25 mm increments along the length of rebar. Experimental procedure, data processing methods, and equipment improvements are needed for field applications of optical sensing technology. Goals were to adopt procedures for instrumenting rebar bolts, conduct tests, and develop data interpretation methods to measure field deformations and loads. ¦ KEYWORDS Fibre optic, Potash mine, Rebar bolts, Transverse load testing RÉSUMÉ On appréhende encore mal le comportement des boulons d’ancrage pour barres d’armature soumis au cisaillement et au cintrage pour un usage dans des mines de potasse souterraines. Une étude expérimentale compare la charge appliquée aux barres d’armature de diamètre n° 25 (25 mm en mesure métrique) enduites de résine époxy à la charge théorique, calculée à l’aide de la théorie de la flexion élastique. La technologie de détection optique distribuée (fibre optique) a permis d’effectuer des mesures de la contrainte axiale à des différentielles de 1,25 mm sur toute la longueur de la barre d’armature. Pour des applications sur le terrain de la technologie de détection optique, il faut envisager une procédure expérimentale, des méthodes de traitement de données et une amélioration de l’équipement. Les objectifs établis consistent à adopter des procédures d’instrumentation des boulons d’ancrage pour barres d’armature, à effectuer des essais et à mettre au point des méthodes d’interprétation des données pour mesurer les déformations et les charges sur le site. ¦ MOTS CLÉS boulons d’ancrage pour barres d’armature, essai par charge transversale, fibre optique, mine de potasseINTRODUCTION Resin grouted rebar bolts are commonly used in potash mines in the province of Saskatchewan, Canada, in areas where shear deformation is observed in the rock, or where potentially unstable ground is present, including locations such as clay seams. Opportunities to observe deformations of rebar, as shown in Figure 1, are rare because it is unusual in underground potash mining to excavate supported ground. In this situation, a block of potash containing a rebar bolt had failed."

Jan 1, 2019

By Syamujulu. M

Subsequent to the unbundling of the Zambia Consolidated Copper Mines (ZCCM) and the privatization of its constituent parts, the Konkola Copper Mines (KCM) represents a third of the original conglomerate. Now run by private hands as a sub group of Vedanta Resources Plc of India, KCM is strategizing on how best to deal with the operational issues of the organisation to resolve some of the difficult, logistical, environmental, mineralogical and metallurgical problems being encountered to tum them into opportunities as the company turns around. This paper reviews the options being put in place to provide appropriate solutions and strategies including the treatment of the highly siliceous low energy copper belt concentrates in its mining operations in Zambia.

Jan 1, 2007

The effect of long term exposure of full size bolts to corrosive environments is presented. A special test rig was used to test four bolts under different loading conditions. Four, X-grade identical profile bolts, each of 21.7 mm core diameters (23.7 mm full diameter) were subjected to prolonged corrosion testing using acid sulphate water. The pH value of the circulated water varied between 3.4 and 4.3. The corrosion exposure test period lasted three and half years. Two bolts were axially loaded to 10 and 20 tonnes force respectively, the third bolt was subjected to a 360 Nm torsion load and the fourth bolt was left unstressed to act as a reference bolt. After the test period ended, the bolts were stripped of their corroded coatings and weighted for weight loss. The diameter of each bolt was subsequently measured, and the loaded bolt samples were first tested non-destructively for tensile cracks and then tested for tensile failure. No cracks were found on post corrosion bolts tested non-destructively. The failure strength reduction on all four post-corroded bolts was significant, varying between 21% and 39%. The onset of corrosion was not confined to the targeted mid-section length of the bolt, however, the severest corrosion occurred at the anchored ends of the bolts.

Aug 1, 2013

By Iain G. Bruce

The need to improve supply reliability while improving our environmental record during the past half decade of low metal prices has required the mining industry to prioritise expenditures. Quantitative Risk Assessments using third party reviewers and specialist risk management teams have assisted in identifying hazards that can both disrupt supply and impact the receiving environment. Graphical displays using risk ellipses can simplify the presentation of the results in a Probability-Consequence (PC) graph. Development of risk acceptability envelopes using readily available financial data superimposed onto the same PC space assists management to prioritise their risks and focus on risk reduction measures. Development of this system and examples of the successful implementation of the system from several recent projects are described.

May 1, 2003

By C. E. Cairnes

The Slocan mining camp in Kootenay district; British Columbia; has long been noted for the great number of its silver-bearing deposits; and for the success that has; in many instances; attended their development. The orebearing area lies east of Slocan lake and mainly within a radius of 6 to 8 miles of the mining town of Sandon. Within this limited area 135 or more properties have shipped ore in quantities of from 100 tons or less to more than 500; 000 tons; and with a total value in silver; lead; and zinc ranging from a few hundred dollars to well over $10; 000; 000. Of the three metals; silver has easily ranked first in value; with lead second and zinc third. Zinc production; however; made slow progress in the early years; and with . the exception of the Lucky Jim mine; and a few others where high-grade ore could be readily hand-sorted; was a detriment to the silver-lead ores until improved methods of separation enabled it to take an important place in the mineral production of the Slocan.

Jan 1, 1954

By H. Memarian

In the last few decades, many developing countries have tried to expand and improve upon higher education, which is acknowledged to be the leading factor for development. In this respect, develiping countries have significantly increased the number of tertiary institutions and their students. These rapid expansions, along with all the benefits, have drawbacks as well. An example is the status of mining engineering education in Iran. Presently, the number of active mining engineering departments in Iran (27) is more than the sum of similar departments in Canada, Australia, the United Kingdom, and South Africa (23 altogether). Also, the number of annual mining graduates in Iran (645) is more than the cumulative graduates of the United States, Canada, the United Kingdom, and Australia (613). The expansion of mining engineering education in Iran has coincided with the closing or merging of similar mining departments, as well as a decline in the number of interested students in the industrialized world. The present study shows that the need for development and the excessive number of high school graduates, resulting from high population growth in the early 1980s, are the two primary factors influencing the significant expansion of mining engineering education in Iran.

Jan 1, 2007

By Norman R. Paterson

"Under certain conditions useful gravity information of a reconnaissance nature can be obtained with-out measuring elevations by spirit level surveys on the ground. Gravity surveys can become part of a practical exploration program where high cost and slow progress previously hindered their utility. The advantages of the new elevation procedures are realized mainly in remote areas, in areas where ground transportation is slow and difficult and on surveys where the station spacing is large in comparison with the distance of the average optimum level shot. To utilize the advantages, transportation by helicopter or light plane is usually necessary. Methods of obtaining elevation control without leveling include: barometric altimeter survey; photogram-metric -APR spot determinations; methods involving the measurement of gravity gradients. The accuracies of these methods have been tested and compared with the normal accuracy of level surveys. It is felt that each method has its place in reconnaissance gravity work, particularly in the open areas of Northern Canada."

Jan 1, 1960

By G. Anger, J. Enser, H. Antrekowitsch, S. Koch

Homogeneous chemical composition and microstructure are always necessary, but not always attained in practice. As-cast aluminium alloys tend to have a segregation microstructure. Features of the cast structure, which affect subsequent processing or properties, can be altered by the homogenization. The main task of the Department of Nonferrous Metallurgy was to investigate the effect of homogenization treatment on precipitation hardening of aluminium alloys 6061 and 6082. The effect of the solution heat treatment (SHT) temperature on the mechanical properties was also analyzed. The homogenized and non-homogenized rolling slabs were produced according to the usual conditions and methods. The metallographic investigations were carried out on the as-cast samples, after homogenization, after the hot and the cold rolling mill, and after natural and artificial ageing. Then, Brinell hardness measurements and tensile tests were conducted on both alloys in order to examine the influence of the homogenization.

Jan 1, 2006

By W. K. Coughlan

The Wabana deposit of Dosco Industries Limited is situated on the east coast of Newfoundland, at Bell Island in Conception Bay. It is a Clinton-type iron-formation of Lower Ordovician age. Five separate beds have been recognized, with others noted locally. Economic production has been obtained from the Lower, Middle and Upper beds, which are second, third and fifth in sequence, al-though at present only the Lower Bed is worked. The potential area of occurrence is about 70 square miles. It i;; bounded by major faults to the north, east and west and truncated by erosion at the south, where rocks of the de-posit crop out on the north side of the island. The iron is contained in oolitic hematite and chamosite, with minor siderite. As the deposit is submarine, conventional exploration methods are not applicable and much interpretation and projection from mined areas is necessary to guide exploration and development. With the interpretation of information from existing mined ores, it is possible, using a minimum of diamond drilling in advance of working faces, to maintain adequate ore reserves.

Jan 1, 1966

By Zetti Gavelán

Globalization and the search for new ore deposits inevitably lead to investment in foreign markets. Investors need to be aware of the effect of their venture on regional, social and economic issues when they invest. Decades of detailed statistics from various sources can be integrated and analyzed to predict the social-economic impact of investment, thereby mitigating risk. To this end, the correlation among variables such as foreign direct investment into mining (FDIM), reserves, and socio-economic indexes is examined. The investigation focuses on South America from 1992 to 2000. Throughout the past decade, South America has benefited from capital investment from more developed countries. This huge investment by the mining industry has impacted the South American economies and can be measured directly using the FDIM. Other economic variables investigated include mining gross domestic product, direct employment, and human development indexes. The correlation is based on data compiled from the World Bank, international risk assessment agencies, the United States Geological Survey (USGS), and the information agencies of various South American countries. Initial analysis of the economic data suggests various expected outcomes. For example, foreign investors may disregard a measured, highly negative country risk in deference to the quality of its mineral resources. It is important to note that the standard measures of country risk published by investment analysts are not industry or investor-specific. In the case of the investor, the level of accepted risk is based on their managed investment portfolio. It is noted that arguments for level-playing fields may be the antithesis of globalization. The discovery and exploitation of ore bodies in a globalized environment necessitates the development of economic measures that standardize mining-specific risk variables and trends. The latest published information on the security of mineral investments in South America is investigated by integrating databases of economic, geologic, production, human indexes, and risk ranking.

May 1, 2003