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By A. C. Ross

"The paper will deal with non-destructive testing in general, and its advantages to those responsible for the maintenance of wire rope. An outline of the main features of the M.D. 6 Defectograph will be given, and the method of operation and results obtained will be described.The instrument will accommodate ropes at 7 /16-to 2 %-inch diameter at reasonable speeds, and is capable of detecting the most minute defects in even the largest-diameter wire ropes."

Jan 1, 1969

By Michael G. Rulff, Tracy M. Holmes

"Vast amounts of time and money are spent fighting flow problems in plants that involve the handling or processing of industrial minerals. Because these types of projects tend to be capitalintensive, the right decisions, made at the design stage, can have a substantial positive effect on the economics of the project.Some of the problems related to solids flow in mineral processing plants include:•,Flow stoppages•,Uncontrolled flow•,Segregation of blended materials•,Build-up and dead material resulting in loss of live capacityUnfortunately few Universities in North America provide courses in the design or selection of bulk solids handling equipment, let alone the theory of bulk solids flow, with the result that engineers do not fully appreciate the effects of bulk solids handling on their process. The usual method of selecting “standard” equipment, all too often, leaves plant operators hammering on hoppers to promote flow, a technique that is not only usually ineffective but also unsafe and often causes damage to equipment. In short, too little consideration is given, at the design stage of projects, to the particular material and operating environment involved and how these will affect handling between process steps.This paper seeks to give a general understanding of bulk solids flow theory including flow patterns and flow property tests, and presents functional design guidelines to ensure reliable flow. As well, a case history will be presented. Our message is clear: To ensure uniform, reliable flow, a plant design must take into account the specific flow characteristics of the bulk solid to be handled or processed."

Jan 1, 2008

By M. H. Pelley

To increase drill fleet capacity and meet increased ore demands at its Carol Lake Project, the Iron Ore Company of Canada initiated a program in 1975 to convert the Gardner-Denver 120 and Bucyrus-Erie 60-R rotary drill fleet from 12 1/4-inch-diameter multi-pass drilling to 15-inch-diameter single-pass drilling. This paper will examine briefly the conversion program , including some tests and results, and examine how the utilization of the 15-inch-diameter blast-holes, coordinated by a comprehensive drilling and blasting program, has improved the drilling, blasting and drilling-plus-blasting aspects of the mine operations, from both economic and operational viewpoints.

Jan 1, 1978

By E. Swartzman

This paper presents a general re-view of the various methods of briquetting coals, with and without the aid of a binder, with special reference to the production of a suitable briquette from Nova Scotia 'fines' for re-blending with industrial coal. From the economic and technical viewpoints, either small stoker-sized briquettes made with about 4 per cent asphalt in standard low-pressure double-roll presses, or briquettes made without binder in high-pressure double-roll presses, appear to be the most reasonable solution at present.

Jan 1, 1959

By G M. Young

IT IS most appropriate that this first Memorial Lecture should be given in the Province of Quebec, near the site of the first metallurgical industry in Canada. At La Forge, about seven miles north of Three Rivers, iron was produced in 1783. We are told that the early settlers obtained most of their iron-ware -stoves, kettles, axes and ploughshares -from this smelter, with its foundry and forge. The Canadian copper industry also had its beginnings in Quebec when, nearly 100 years later, in the 1880's, several small copper smelters were erected in the Eastern Townships. Later, in 1899, Canada's first aluminum smelter was built at Shawinigan. From these small beginnings has grown a vast metals industry, the export value of its products being only exceeded by that of our forest products -newsprint, pulp-wood and lumber. As we are not a large country in terms of population, our domestic capacity to consume is often small in relation to our developed capacity to produce.

Jan 1, 1963

By Fernando Romero Lage

"Crushing and screening theory and application has remained fairly consistent in the last 50 years. The application of such equipment is guided by varied formulaic conventions and rules that due to the entropic nature of the process, remains more an art than a science. The variability of conditions creates an environment in which trial and error becomes the principal means of process balance and control. This paper illustrates some of the theories behind the process, plus other assumptions, postulates, myths and misconceptions that exist within the crushing and screening industry.INTRODUCTIONContinuous material balance calculations are habitually performed in the design of new comminution circuits as well as in the valuation of existing circuits. A continuous material balance calculation is one in which the input rate of material is equal to the output rate for each unit functioning in the circuit. At continuous analysis, there is no accumulation or losses of material within the system, as it is when performing a discrete event analysis.In order to produce viable and manageable mine-to-mill material, whether it is ready to leach or ready to mill, we must reduce the material in a series of stages. The power demand increases as the material size decreases, as it is when folding a piece of paper successively. As with the paper, there is a crushing size limitation that is a consequence of the mineral properties such as work index, moisture, viscoelasticity, etc. Comprehensive knowledge of crushing plants in both the aggregate and the mining industries show that, after three stages of crushing, a particle size distribution originating from a blasted deposit can be reduced from an nominal maximum size of 500 mm to a nominal maximum size of 12 mm. if the last stage of crushing is set in closed circuit, the screen openings will be able to yield a smaller top size.Achieving steady and continuous material balance poses major difficulties as crusher lose their settings, screens blind or peg, and material characteristics change geographically or seasonally. Overloading conditions in crushers and screens are nothing but counterproductive, and the net losses of an unbalanced circuit can be overlooked when mining operators are paying a lot more attention to the evermore complex systems downstream.It is not simply the crushing of the mineral but achieving the right size for the downstream milling process that will yield the maximum amount of energy savings."

Jan 1, 2010

By Nn Li

Energy consumption in commercial buildings has been increasing rapidly in the past decade. The knowledge of future energy consumption can bring significant value to commercial building energy management. For example, prediction of energy consumption decomposition helps analyze the energy consumption patterns and efficiencies as well as waste, and identify the prime targets for energy conservation. Moreover, prediction of temporal energy consumption enables building managers to plan out the energy usage over time, shift energy usage to off-peak periods, and make more effective energy purchase plans. This paper proposes a novel model for predicting heating, ventilation and air conditioning (HVAC) energy consumption in commercial buildings. The model simulates energy behaviors of HVAC systems in commercial buildings, and interacts with a multiagent systems (MAS) based framework for energy consumption prediction. Prediction is done on a daily, weekly and monthly basis. Ground truth energy consumption data is collected from a test bed office building over 267 consecutive days, and is compared to predicted energy consumption for the same period. Results show that the prediction can match 92.6 to 98.2% of total HVAC energy consumption with coefficient of variation of the root mean square error (CV-RMSE) values of 7.8 to 22.2%. Ventilation energy consumption can be predicted at high accuracies (over 99%) and low variations (CV-RMSE values of 3.1 to 16.3%), while cooling energy consumption accounts for majority of inaccuracies and variations in total energy consumption prediction.

Aug 1, 2013

By C. Stapel, P. D. Roberts, D. G. Jones, W. G. Macdonald, R. J. De Meijer

"Measurement of natural radioactivity has been used in both a qualitative and a quantitative way in mineral exploration, particularly in the search for uranium. In the last ?ve years, the Kernfysisch Versneller Instituut (KVI) and British Geological Survey (BGS) have designed, built and tested a new detector system that greatly improves quantitative applications in mineral exploration, especially on the sea?oor and in the nearshore zone. The new system is an enhancement of an earlier BGS design. The major improvements comprise the use of a highly sensitive ?-ray detector, together with new data processing, from which concentrations of natural radio nuclides may be deduced in real time. After laboratory analysis of samples, these concentrations can be converted into mineral percentages. Once the mineralogy of an area has been characterized, this conversion can also be done in real time.Thus far the system has mainly been used to map heavy-mineral concentrations in coastal subtidal and intertidal sediments. For such work the multi-sensor detector probe is towed on the sea?oor and various parameters are recorded continuously. The probe contains, in addition to the gamma-ray detector, a water-pressure sensor (giving water depth) and an acoustic device to measure bottom roughness. The system, when used together with high-precision positioning systems such as D-GPS,enables the production of detailed maps of bathymetry, bottom roughness, and sea?oor radioactivity or mineral distribution. These maps allow mineral concentrations to be readily correlated with sea-bed topography and sediment type. In the same way, ?-ray detectors could be used advantageously during dredging operations to provide on-line assessment of the mineral content of the dredged sediment as well as to guide the direction of dredging. Additionally, the same technique could be used to monitor the subsequent fate of a dredge spoil after dumping on the sea?oor.Natural radioactivity arising from potassium and the thorium and uranium decay series has potential use for the fast and reliable assessment of siliciclastic and phosphatic impurities in limestones. Detection of such impurities may preclude the use of the limestone for chemical or cement production.Apart from its use in exploration, the technique has signi?cant potential in mineral processing, particularly of heavy minerals. It can be applied as on-line quality control in dry and wet separation processes and for process control, by using decisions based on the results to control valves and other instrumentation. In addition, it can also be used in environmental monitoring of waste arising from mineral extraction and processing. In conclusion, the technique described has a diversity of applications in exploration, mining and mineral processing."

Jan 1, 1997

By H. Perez, A. Lavoie, V. Prévost, P. Létourneau, P. Lind

The Home smelter is a custom copper smelter located in Rouyn-Noranda, Quebec. In 2005, the smelter produced 145,000 t of copper containing 807,000 oz of gold, 20,388,000 oz of silver in addition to 515,000 t of sulphuric acid. Recently, a flexible flow sheet has been developed incorporating the intermittent use of the Noranda Continuous Converter allowing for the increasing or decreasing of production based on market conditions, while attaining 90% or greater sulphur fixation regardless of operating mode. For 2006, the smelter is operating in full production mode and production is expected to be approximately 185,000 tm of copper. Mechanical modifications, process changes, metallurgical concepts, minor element treatments, and operational techniques that have allowed the smelter to develop this flexibility are presented. Current efforts to increase the productivity of the converter aisle and anode furnaces as well as improvements being made to address fugitive emissions are also discussed.

Jan 1, 2007

"Ore deposits containing rare earth elements normally contain small amounts of the radioactive elements thorium (Th) and/or uranium (U). These are the naturally-occurring isotopes U238, U235, and Th232 (and associated decay-series daughter products) that are ubiquitous in nature, and that contribute a small percentage of the natural background radiation exposure encountered by humans. The presence of these radioactive materials in the ore deposit creates potential hazards to human health and the environment that must be dealt with properly in the mining, processing, and refining of the ores, as well as management of waste streams and residues. This paper presents an overview of the environmental and safety issues associated with U and Th, with particular emphasis on rare earth mining, processing, and refining projects; the regulatory approaches followed to ensure that rare earth deposits are developed, operated, closed, and decommissioned safely; and the development of information during the project predevelopment work and permitting processes that feed into the design, operation, and closure of tailings impoundments and milling/separation/refining facilities. Case studies will be presented subject to the availability of relevant public information. INTRODUCTIONNearly all ore deposits containing economically-recoverable rare earth minerals also contain small amounts of the radioactive isotopes for the elements thorium (Th) and/or uranium (U) and their associated radioactive decay products. Therefore, the handling and management of these materials in mining and mineral processing operations must be performed so that workers and the environment are protected from harm from Th and/or U (and their radioactive decay products), just as they must be protected from any other potentially harmful constituents present in the ore or introduced in processing. Examples of these might include ores with high sulfide content, which may pose a risk of acid rock drainage, or chemicals used in ore processing and metals production.The purpose of this paper is to present information on how rare earth mining and processing projects with ores containing Th and/or U can be developed, operated, and decommissioned safely according to applicable regulations intended to protect worker health & safety and the environment.It should be noted that some countries are considering developing Th as a feedstock for producing nuclear energy, which could have some effect on future development of rare earth ore deposits. To avoid confusion, that issue is not discussed in this paper."

Jan 1, 2012

By F. Y. Grepe

"THE MOST common type of mine hoist is, as is very well known, that in which the a.c. wound rotor motor is the driving medium. The reasons for the use of the wound rotor motor are, of course, economic. This type of equipment has, during the years, proved to be very reliable and reasonably satisfactory. It is, in fact, still being installed and in some places where a very hard and exacting duty cycle is demanded. As an example, a 600 h.p. 2,300-volt job was recently installed at the Caledonia mine (1) at Glace Bay. This is a vertical. hoist in a shaft only 175 feet deep but it is, nevertheless, working hard bringing coal to the surface and in making a trip at a speed somewhat better than every 20 seconds.The control equipment for such installations usually consists of a pair of primary reversing contactors which are interlocked both mechanically and electrically, together with some form of secondary controller. This, in the case of small hoists, can be a drum controller and metallic resistors or, in the case of larger hoists, a magnetic contactor panel and metallic resistors or, alternatively, can be one of the various forms of liquid rheostats which are available. The liquid rheostats, if of the dipper type, may be manually operated or it may be operated by some form of servo motor mechanism. In the weir type of liquid controller, the electrolite is, of course, pumped in and out of the rheostat."

Jan 1, 1954

By Neo Molelekeng, Jocelyn Bouchard, Rebecca Monnapula, Martin Émond

"Xstrata Alloys – Eland Platinum concentrator (South Africa) has recently been commissioned and is now initiating a challenging optimisation program encompassing the entire operation. Process control improvements are key elements of the program and initial results have demonstrated how leveraging from current assets can bring significant improvements through overall reduction of variability. This paper gives a brief overview of the operations and details how Eland is striving to become a top tier leader with advanced regulatory control strategies recently implemented. Results reveal that what can be achieved in a standard control system (PLC or DCS) should not be underestimated as the first interventions led to a steadier operation of the primary ball mill circuit. Following the improvements, significant and sustained reductions of standard variation were observed for key process variables around their set-point: primary ball mill feed rate (72 %), rougher feed density (58 %), and rougher feed flow rate (47 %). A path forward has been identified to tackle further opportunities around the primary grinding circuit: water balance management, throughput optimisation as well as charge and power draw control.INTRODUCTIONThere are numerous approaches to mineral processing plant optimisation. As the benefits of determining the right reagent types, mix, dosage and addition points, or the proper charge of grinding media in a mill are fully appreciated, there is still nowadays some misunderstanding and misconceptions about process control in general and how it can contribute to the whole optimisation process. The confusion between the various disciplines involved, i.e. instrumentation, control system programming, automation and process control, certainly does not serve the best interest of the industry with this regard."

Jan 1, 2010

By R. L. Every, A. G. Fonseca

"Sulphur deposition on the internal wall of a pipeline is caused by the temperature effect on the solubility of sulphur in the carrier fluid and is not due to particulate sulphur present. Deposition can be completely eliminated by proper insulation of the pipeline to prevent ""cold-spots"" and the resultant temperature gradient necessary for sulphur to precipitate from solution. Friction head losses for sulphur-condensate slurry systems are quite acceptable from a technical and economic standpoint and, in fact, are less than many present commercial slurry systems. Slurry transportation of sulphur in a hydrocarbon pipeline is a viable possibility and promises to have economic advantage over currently accepted transportation modes."

Jan 1, 1972

By B. Tonn, F. Kröger

"The continued development in engine technology is leading to an augmentation in power density which steadily elevates the requirements for thermally and thermo-mechanically highly loaded components such as cylinder heads and pistons. Due to these high performance requirements conventionally applied Al-Si alloys have reached their application limits, since their mechanical properties deteriorate quickly under the influence of heat. Improved applicability is given by Al-Cu-based casting alloys which have a superior high-temperature strength than Al-Si alloys. Since Al-Cu alloys exhibit insufficient casting characteristics, especially regarding hot tearing susceptibility and increased tendency for porosity, it is currently not possible to cast geometrically complex components in robust permanent mold casting processes. The further development of Al-Cu alloys is aimed at finding an optimum between improved castability while high-temperature strength and thermal conductivity are not deteriorated. It is known that a high amount of eutectic reduces the hot tearing susceptibility of an alloy, but it reduces thermal conductivity at the same time. In this paper it will be presented how the conflicting objectives – improved high-temperature strength, good thermal conductivity and reduced hot tearing susceptibility – can be brought together to develop an optimized Al-Cu alloy for application in permanent mold casting.INTRODUCTION At the beginning of the 21st century car, engine blocks were primarily made of gray cast iron (GJL). Less than half a decade later, the choice of material had shifted towards lightweight materials. Ever since, the car engine manufacturing is dominated by aluminum-based alloys. The weight of car engine blocks could thus be reduced by around 50% due to the lower specific weight of aluminum alloys compared to gray cast iron. Furthermore, the high thermal conductivity of aluminum alloys allowed a reduction of complex cooling channel systems and thereby promoted the advancement of this material group. The further development in engine technology leads to an augmentation in power density which elevates the requirements for thermally and thermo-mechanically highly loaded components. For example, in diesel-powered car engines the upper required limits can reach an ignition pressure as high as 230 bar and gas temperatures of up to 1000°C. Thereby, thermal loads can cause high alternating thermal stresses (Grzincic, 2003) which can effectively be reduced by providing high thermal conductivity."

Jan 1, 2017

By S. Constantinides

"A major use for many of the rare earths is in permanent magnets. While alternate technologies are in research or already exist, rare earth magnets are unlikely to be supplanted as a major input to clean technologies and high efficiency consumer and industrial devices. We’ll examine where and how the magnet rare earths are utilized and the size of the market. Market growth forecasts based on global markets will be presented. A brief explanation of materials research in the US completes the material.INTRODUCTIONRare earth magnets, first commercialized c.1969, have become essential for a wide range of consumer, industrial and military devices. They are used in the speakers and vibrator motors of cell phones. Rare earth magnets spin the hard discs within the drives and rare earth magnet voice coil motors position the read/write head over the spinning platter. Rare earth magnets are the heart of motors and generators used on airplanes – they are smaller and lighter weight than alternative materials/devices. Now rare earth permanent magnets are being introduced into electric vehicles and wind power generation.Rare earth minerals are difficult to extract from the ores and to separate from one another. The increase in use of rare earth magnets has placed a severe strain on established sources of supply. The establishment of new mines and processing facilities is costly and requires upwards of 15 years to become productive. The combination of rapid rise in use of rare earth minerals coupled with supply shortages has caused rapid price increases and threat of non-delivery of product. The result of this disruptive situation has been a profound response at several levels: corporate, industry-wide and governmental. Let’s learn more about why rare earth magnets are so important to modern society."

Jan 1, 2012

By F. Chiesa

Experimental results on thin and thick castings poured in aluminum A356 and magnesium AZ91E by the low pressure permanent mold process have been compared to the result of filling simulations for thin and thick castings. If the results of modeling is reliable when the liquid remains above the liquidus temperature, this is no longer the case when partial solidification occurs. The visco-elastic behavior of a partially solidified liquid is difficult to put into equation as it depends on the amount of shear it has been been subjected to. Attempts to predict misruns with a commercial software has been proven to be very difficult if not impossible; divergence of the numerical solution has been observed unless prohibitively long computing times are used. In order to overcome these difficulties from a practical standpoint, a simple method is proposed which consists in tracking the temperature of the advancing liquid metal front so as to make sure it will always be above so-called `Misrun Critical Temperature' (MCT) determined experimentally for thin and thick aluminum A356 and magnesium AZ91E castings. If the liquid metal front falls below this temperature, a cold-shut or misrun is likely to happen at this location. The values of MCT for thin and thick in aluminum A356 and magnesium AZ91E were determined experimentally on misrun castings of extreme geometries (a thin 2.5 mm wall cover and a 6mm to 25 mm thick bell housing). MCT was found to be lower for magnesium AZ91E and for the thicker castings.

Jan 1, 2011

By Marcondes Lima Costa

Abstract-The Amazon region is characterized by the development of deep chemical weathering represented by widespread lateritic covers and soils. Two distinct periods of laterite formation can be distinguished: mature laterites from the Eocene-Oligocene (and locally from the end of the Cretaceous), and immature laterites from the Pleistocene. The older laterites occur on plateau landscapes, and the younger ones on widespread hilly to flat lowlands. Both types show complete or truncated profiles, generally covered by deep yellow to brown topsoils. The mature laterite profiles contain high concentrations of gibbsite and/or aluminum phosphate, whereas the immature ones are poor in these minerals. The Amazon region is rich in mineral deposits related to lateritic profiles. Some mineral deposits are of primary origin but were concentrated to economic grades by lateritic processes. The most important ore deposits are of iron, aluminum (bauxite), kaolin, manganese, gold, nickel, copper and phosphate. These are mainly related to mature profiles. The wide spectrum of ore deposits and mineralogical and geochemical complexity of the Amazon laterites has been promoted by: (1) the prevalence of ideal conditions for laterite formation throughout much of the Tertiary; (2) the presence of varied basement lithologies due to contrasting geological environments; and (3) a variety of epigenetic alteration types. The lateritic profiles show a well-developed ore zonation which is related to specific lateritic horizons. Iron and gold deposits occur in the ferruginous horizon, which is nearest the surface; the central aluminous horizon hosts bauxites, aluminum phosphate, strontium and gold; and the lower clayey horizon contains deposits of manganese, nickel, copper and kaolin. Resistate phases which residually accumulate throughout entire profiles include titanium (as ilmenite and anatase), chromium (as chromite), tin (as cassiterite), yttrium (as xenotime), and niobium (mainly as ilmenorutile). Epigenetic alteration, caused by swamp environments developed above truncated lateritic profiles, has led to the formation of high-grade kaolin and refractory bauxites. The laterites in the Amazon region contain most of all known kinds of ore mineralization related to laterite processes.

Jan 1, 1997

By D. E. Deegan, G. Holcroft, T. P. Johnson

"The rising cost of extracting metals from existing traditional deposits, increasingly stringent environmental regulations and a greater awareness of corporate social responsibility issues are all factors in stimulating the examination of mine tailings and small-scale alluvial deposits as a potential source of new raw materials. Furthermore, despite tougher economic times the demand for commodities remains strong, in no small part as a result of the growth of the world’s emerging economies.This combination of social and economic factors looks set to continue in the long term which will encourage greater recovery of materials from previously ignored sources such as mine tailings and ores from alluvial deposits.An expansion in the recovery of useful materials from mining-related activities is likely to require the use of robust and innovative techniques that have a built-in degree of future-proofing; DC plasma technology is one such technology.As a result of its ability to separate the valuable metal and minerals from the waste material while destroying hazardous compounds, Tetronics’ DC arc technology offers an alternative approach to resource recovery from a wide range of mine ores. Harmful cyanide compounds and the vast quantities of water used in conventional hydrometallurgical processing are avoided when plasma processing is adopted. DC arc technology also brings additional benefits, including: the extremely effective destruction of organic materials, the conversion of the inorganic material into a re-useable aggregate and the high tolerance of the process to fine and dusty materials. This paper presents details of Tetronics’ DC arc technology as one of the key pyro-metallurgical solutions available for the recovery of valuable materials from traditional mine ores and tailings, as well as giving specific examples of how the technology has been successfully employed in the recovery of enriched slags, ferroalloys and other metals."

Jan 1, 2016

By Sabry A. Sabour

Metal price is among the key variables in the open pit optimization and the economic evaluation process. The common approach to handle metal prices in open pit mine planning is to optimize the ultimate pit and the mining schedules using a fixed, flat metal price. In this respect, metal price is assumed to be known with certainty throughout the entire mine life, which in some cases can reach 80 years. Given the volatile nature of metal markets and the metal price cycles, the conventional pit optimization approach may generate sub-optimized mining plans, which results in either extra costs to mining projects or lost revenues, or both. Long-term operational decisions such as future pit expansions, beyond the currently optimized limits, cannot be handled using the pit optimization approach based on flat metal prices. There is a growing interest in the mining industry to model and manage such market uncertainty in the pit optimization as well as the project evaluations in order to maximize the value of mining operations. In this paper, the author will outline a practical approach to optimize the ultimate pit taking into account the volatility and variability of metal markets. The proposed approach uses a combination of the pit optimizer of the commercial MineSight package and a simulation-based economic modeling real options valuation approach employing the least-squares Monte Carlo algorithm. MineSight pit optimizer employs both the floating cone for initial optimization exercise and the standard Lerchs-Grossmann algorithm. In this paper, Lerchs-Grossmann option will be used to generate the pit shells. Real options valuation approach used in this study is based on generating multiple metal price scenarios. Metal price uncertainty is modeled using stochastic metal price models such as the geometric Brownian motion and the mean-reverting process. The mining operational scenarios corresponding to the simulated metal prices are then optimized using the least-square Monte Carlo approach. The objective is to maximize the discounted cash flow value of the project while incorporating the operating flexibility to revise the operating status of the open pit with time as new information becomes available. The focus of this work is on the practicality of the proposed uncertainty-based pit optimization approach and the difference it can make to the technical operational mining decisions. A case study of a hypothetical open pit poly-metallic mine is provided. The deposit contains copper, gold and silver grades. The run of mine ore is sent to the process plant that produces copper concentrate with copper as the main metal and gold and silver as the by-products. Four uncertain variables are considered here include copper, gold, silver prices and foreign exchange rate. Both copper price and exchange rate are modeled using the mean-reverting process while gold and silver prices are modeled using the geometric Brownian motion. The case study is performed using both the conventional flat price pit optimization approach and the proposed uncertainty-based one to compare results.

Aug 1, 2013

By J. E. Gill

THE 1938 season was marked by a distinct lull in exploratory activity in the Province of Quebec. Quebec was not unique in this respect, but the condition appears to have been more acute here than in most other parts of the Dominion. Various causes may be suggested to account for this. The general disturbance in political and economic conditions throughout the world has certainly had an adverse influence. Uncertainty induced by changes in the mining laws of Quebec in 1937 contributed. A third cause was the belief, now held by many, that the easily accessible deposits in the main producing belt extending eastward from. the Rouyn district have now all been found and that new discoveries in this field will henceforth come more slowly and more expensively. A fourth is the lack of conspicuous success by companies and individuals who have interested themselves in less accessible areas to the north, notably the Chibougamau district. A fifth, the unattractive appearance, as viewed on published geological maps, of the vast area extending northward to Ungava bay and Hudson strait. A sixth, the attraction of such speculative funds as were available to the Northwest Territories, where spectacular finds were reported in the fall of 1937. Whatever may be the relative importance of these causes, languor in exploration will ultimately be reflected in production returns. This appears, therefore, to be an opportune time to take stock of the general position of the Industry in the Province and to consider ways and means of counter-acting those conditions which are now impeding, or will in the near future impede, its expansion. At the request of the Institute Secretary, Mr. Carlyle, I have prepared a brief summary of accomplishments to date and a discussion of some of the geological aspects of the problem.

Jan 1, 1939