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By D. Verhulst

The Altair process digests ilmenite concentrate in high-chloride HC1 solution, with complete dissolution of titanium and iron. The Fe(III) ions are reduced to the ferrous form, and the solution is cooled to produce crystalline ferrous chloride. Titanium is transferred by solvent extraction into a purified, concentrated Ti stream, which is spray-hydrolyzed to produce TiO2 hydrate. The hydrate is further calcined with additives to generate a high-quality pigment. All the chloride streams are recycled. In the original flowsheet, the iron chloride is pyrohydrolyzed by spray roasting to regenerate 18% HCl, which is subsequently converted to HC1 gas and water by pressure-swing distillation. A modified flowsheet includes an alternative to iron chloride spray roasting, producing more concentrated HCl and decreasing the amount of solution to be distilled. Improvements in digestion, solvent extraction and final pigment production are also introduced. A 100 t/y pilot plant is being built and will test the new concepts and confirm the overall water, acid and impurity balances of the process.

Jan 1, 2006

By D. Turk, P. Lefebvre, J. Sargent, K. Major

"Stillwater Mining Company recovers platinum and palladium from their Nye Montana operations. Mining first commenced at Nye in 1987 at a milling rate of 455 t/d (500 stpd). The plant was expanded in 1995 with the replacement of the ball mill and the addition of flotation capacity to increase mill throughput to 1820 t/d (2000 stpd). The applications for platinum and palladium have increased in recent years particularly in the automotive industry and the supply of the metals has remained fairly constant with prices for both platinum and palladium increasing and remaining very stable. In 1997 Stillwater initiated the expansion of their operations to increase production of platinum and palladium. Projects were initiated to expand production at the Nye operations, increase smelter and refining capacities at the Columbus facilities and to develop the extension of the orebody at the East Boulder site. This paper will discuss the changes at the Nye concentrator which were completed to increase production from 1820 t/d (2000 stpd) to 2730 t/d (3000 stpd) and eliminate some of the process bottlenecks.IntroductionStillwater Mining Company is mining the only significant primary source of PGMs outside of South Africa. The J-M Reef is an extensive mineralized zone containing PGMs that has been traced over a strike length of about 43 km (27 miles) in the southwest region of Montana. Stillwater controls the entire PGM mineralized zone.Johns-Manville geologists discovered palladium and platinum in the early 1970’s. In 1979, a Manville subsidiary entered into a partnership with Chevron, USA to develop the project. In 1 987, operations at the Stillwater property near Nye, Montana commenced."

Jan 1, 2000

By R. Hans

Removal of toxic anions from aqueous solution was studied using a Magnetic Ion Exchange (MIEX) resin which is a polyacrylic, strong base resin. Gravity based settling is made more efficient due to the magnetic nature of the resin which is advantageous over conventional ion exchange resins. In addition, the magnetic microspheres of MIEX have larger surface area in comparison to conventional ion exchange resins. Over the years MIEX has been successfully used and has gained significant popularity for efficiently removing dissolved organic matter from wastewater and groundwater. In the present study the efficiency of the MIEX resin was tested for the removal of chromium(VI), molybdenium(VI), vanadium(V) and arsenic(V) anions. Effects of pH (2-10) and temperature (25oC-55oC) were examined. In general, low solution pH values were favorable for anion uptake by MIEX. Except for chromium(VI), the metal ion uptake was significantly increased by the increase in solution temperature. The adsorption data were analysed on the basis of chemical speciation and heterogeneous kinetic models.

Jan 1, 2014

By M. S. Moats

"The effects of commercial copper electrorefining additives (glue and thiourea) on the electrochemical removal of bismuth are of importance in copper production. It was found that Bi(III) electrodeposition occurs readily from acidic sulfate solution via a diffusion-controlled quasi-reversible reduction. The diffusion coefficient of Bi(III) was measured and found to be less than reported values of copper in similar solutions. The presence of thiourea and/or glue was found to accelerate or de-polarize Bi(III) reduction on stainless steel as compared to the inhibition or polarization of Cu(II) reduction. The additives also inhibited the dissolution of the Bi-Cu co-deposit during cyclic voltammetry. During short term deposition studies, the additives increased the concentration of Bi in co-deposited Cu-Bi products from solutions with low concentrations of Cu (<2 g/L). Bi deposition was significantly suppressed by increasing the Cu(II) concentration in the solution. The formation of a copper layer on the stainless steel electrode appeared to significantly suppress the reduction of Bi(III). This study demonstrates that glue and thiourea depolarize the deposition of bismuth on stainless steel. Therefore, the additives could be used to improve Bi impurity removal during third stage liberation.INTRODUCTIONThe production of high purity copper has been steadily increasing due to the wide application of the metal and its alloys in electrical and electronic products, infrastructure construction, industrial machinery and equipment, general products and transportation (Moskalyk et al., 2003). Most high purity copper is manufactured from copper sulfide mineral concentrates and/or scrap via a pyrometallurgical process followed by electrorefining (Navarro et al., 1999). During the electrorefining process, cast anodes of 99-99.5% purity are electrochemically dissolved into an acidified copper sulfate solution while high purity copper (>99.99%) is plated on stainless steel blanks or copper starter sheets (Davenport et al., 2002). The control of cathode deposit growth (purity and morphology) while maintaining a high current efficiency is of significant importance for copper refining (Ilkhchi et al., 2007). At typically applied current densities for industrial copper electrorefining, mass and charge transfer play important roles in the quality of cathodic products (Hiskey et al., 1998). If the real current density at some surface points is substantially higher owing to uneven current distribution, then rough spots can and will grow faster leading to nodules (Suarez et al., 1992). Nodulated deposits tend to capture solution and anode impurities (slimes) resulting in unacceptable cathode quality (Afifi et al., 1987). Furthermore, these nodules can grow until they eventually contact the anode leading to short circuits and current efficiency reduction (Ilkhchi et al. 2007)."

Jan 1, 2016

By J. A. Finch, G. Labonté

"A long-standing objective has been to obtain interpretable measurements of the oxidation-reduction potential in mineral slurries. For this purpose several sensing electrodes (black platinum wire, platinum foil and spiral, gold foil and spiral, and sulphide minerals such as chalcopyrite and galena) were investigated to determine their response to the presence of sulphide minerals in the pulp, and to the addition of reagents commonly used in flotation. The observed discrepancies between the electrodes may be explained using a combination of the classical mixed potential model for complex solutions and the probability of contact between the mineral particles and the sensing electrode. It is shown from laboratory testwork that gold spirals are preferred over platinum electrodes. Finally, some of the practical aspects of using the electrochemical measurements in a plant environment are discussed.IntroductonThe interpretation of flotation of sulphide minerals in terms of electrochemical (electron transfer) processes has brought new possibilities for process control of selective flotation. Investigations on massive and compacted particulate bed electrodes have shown that the flotation of a given mineral in the presence of a collector can be controlled by the potential induced on the mineral surface. Also, phenomena such as collector less (self-induced) flotation, activation by heavy metal ions, and natural selectivity sustained by galvanic coupling during flotation might also be controlled by electrochemical means.The technique for measuring electrochemical potential in slurries is an adaptation of that used for solutions. The measurement of the oxidation-reduction potential of a solution (ORP , Redox, Eh) is usually carried out by immersing a noble metal electrode (platinum, gold or silver) and a non-polarizable reference electrode: Standard Hydrogen Electrode (SHE), Standard Calomel Electrode (SCE), or silver/silver chloride (Ag/AgCl) in the solution. (The abbreviation Eh implies the SHE is the reference electrode.) The potential difference between the two electrodes is measured using a high impedance electrometer. ASTM standard D 1498-76 (revised 1981)(1) covers the practical details of such measurements; however, it does not deal with their meaning either in complex solutions or in mineral slurries ."

Jan 1, 1988

By Isabel C. B Rodrigues, Flávia D. Reis, Versiane A. Leão, Rosa M. F. Lima

Attention has been focused in recent decades upon the precipitation of metal sulphides from acid mine drainage (AMD) and pregnant leach solutions, due to the advantages of the sulphide precipitation process over traditional methods employing hydroxides. The aim of this work was thus to explore technologies for copper precipitation using either Na2S or biogenic sulphide. The recovery of copper sulphide was improved when the initial pH of the solution containing each metal was 4 or excess sulphide was employed. In such, a condition the removal efficiency was 99.9%, corresponding to a residual level of 0.1mg/L for copper in solution. Kinetic parameters for precipitation were determined from the particle size distributions using the method of moments, where the growth and nucleation rates, as well the agglomeration kernel, were calculated. The biogenic sulphide was a suitable alternative to sodium sulphide for copper removal as either sodium sulphide and biogenic sulphide can be utilized to precipitate such a metal allowing the effluent to be compliant with environmental legislation.

Jan 1, 2014

By R. P. Smith

PRIOR to June, 1937, the employees of Hollinger Consolidated Gold Mines, Ltd., at Timmins, Ontario, received medical care for themselves under a contract system developed through an agreement between the employer, employee, and a contract physician. This form of practice is common to the mining industry in Ontario. But with the improvement in mining methods and conditions of living, and through an increasing demand for provision of a complete medical care, it was not any surprise when the employees of the Hollinger mine approached organized medicine and indicated their desire for a plan to provide their families with a more or less complete medical service in addition to that supplied for themselves. In April, 1937, this approach was made, and on June 18th, 1937, the Hollinger Employees&apos; Medical Services Association was formed and started to provide medical services. A review of five years&apos; experience is now presented. The Association provides complete medical service for the employee, his wife and family, as well as those dependents who are the total responsibility of the employee. The employee membership is limited to employees at the Hollinger mine in Timmins who reside in the immediate vicinity. The employee is examined by a Company doctor on application for employment and is subject to further examination by a specialise in chest diseases under the direction of the Workmen&apos;s Compensation Board of Ontario. The wife and family are not subject to examination but have to be registered when the employee is accepted for employment. The dependents, other than the immediate family, are subject to medical examination and approval after the employee has applied for such dependent or dependents to be admitted. Membership in the Association is obligatory when the employee is hired, but at the end of any Association year he may drop out if he so wishes.

Jan 1, 1943

By Karl J. C. Harries

"10.1. INTRODUCTIONDefinitions are a necessary part of every agreement. Their purposes are to assist the reader in reading and understanding an agreement and to attempt to avert potential confusion and, therefore, disputes. In some circumstances, they may be critical in deciding a dispute. As they are often substantive, they should not be treated lightly.It is far easier and less confusing for a reader to read “the Company” or “the Recipient” than to be faced with “the party of the First Part”, or to see the “Jones Property” than “that part of the property hereinbefore described in paragraph 1.01 hereof”. It is also advisable not to use “-ee” and “- or”, as in payee and payor.One thing must always be remembered: once a word has been defined in an agreement, it will always have the defined meaning unless the contrary is clearly indicated or is required to make sense of a provision.2 It can be confusing for a reader if commonly used words are defined in other than ordinary terms. Unique words that will stand out in the text are more likely to be recognized as having special meaning. It is also good practice to identify defined terms by capitalizing them in the text of the agreement. Boldfacing of definitions is also sometimes used for this purpose but, as boldfacing is not easily identified in handwritten revisions, it can be missed in the press of negotiations, especially when several typists are involved. Lack of consistency in identifying defined terms is not a fatal mistake, but it can create confusion, especially if the reader is new to the agreement or is reading it in a highly technical manner, such as when there is a dispute.If definitions used in the main text also apply to a schedule, they need not be included in both. Omitting them from the schedule makes the agreement look shorter, which to some people is a benefit. If definitions are not repeated, make certain that the schedule clearly indicates that words defined in the main text have the same defined meanings in the schedule3 and are clearly identified as defined words. In considering whether or not to repeat in a royalty schedule definitions appearing in the agreement proper, think of definitions as an aid and a reminder to the reader. Repeating them will help a reader, if only by saving the nuisance of remembering where to find them in the main text and constantly turning to it. All the definitions needed to read the schedule will be right there, so that the schedule is a self-contained document. Just make certain that, if you do repeat a definition, you repeat it in identical terms. If you have to change any defined term to make it fit the royalty provisions, use a different word or phrase as the defined term to warn the reader that he is dealing with a different concept.4"

Jan 1, 2003

By A. Zangooi, J. A. Finch

"A frother analysis technique based on the formation of a colored solution with UV-VIS absorbance proportional to frother concentration over a certain range has been developed. The calculation of concentration requires the comparison of the sample absorbance at a selected wavelength with a linear calibration (frother concentration vs. absorbance) constructed with values collected from solutions of known concentration (standards) at the same wavelength. It has been found that concentration ranges for preparation of standards can vary widely. An integration of our experiences into a databank can offer some guidance on the selection of standard concentrations. The databank includes results from the analysis of 37 chemical reagents, commercial frothers, and natural oils used in research work or at industrial sites. Grouping frothers by similar chemical structure or origin provides a good basis for selecting the standards to approach the maximum absorbance range for the spectrophotometer in use.INTRODUCTIONA technique to determine frother concentration on samples of industrial milling streams based on formation of a colored solution with UV-VIS absorbance proportional to frother concentration has been developed. The concentration is determined by comparison of its absorbance, at some selected wavelength, with those obtained by processing a series of solutions of known concentration (standards), at the same wavelength. It is desirable to have linear calibration (frother concentration vs. absorbance) over the widest concentration range. The upper concentration can be restricted by the instrument, as there is a maximum detectable absorbance (minimum transmittance), which can be reliably sensed by the UV-VIS detector (in most cases maximum absorbance is 3)."

Jan 1, 2016

By D. Farrish, W. A. Grell

"IntroductionMost base metal mines sell their concentrate to a custom smelter. The two parties concerned therefore draw up a contract which would detail the conditions under which concentrate sales will take place. The contract will identify treatment and marketing charges (including escalations), deductions for metal losses in the smelter, pricing formula, timing of payments, penalties for deleterious elements, etc.An understanding of the smelter contract is important to the mineral processor, for it will determine how he operates the plant to maximize economic return.Description of Contract ClausesUsing copper concentrate as an example, the smelter contract generally contains the following three basic charges:I. Metal Deductions- as the smelting process does not recover all the metal contained;2. A Smelting Charge- expressed per ton of material to cover costs on the bulk material such as receiving, unloading, thawing in winter, sampling, roasting to drive off sulphur, smelting through the matte and blister stages to recover mostof the copper and precious metals;3. A Refining Charge- expressed per pound of copper.The following is a review in some detail of a number of clauses which could be considered typical of a treatment and marketing type of copper concentrate sales contract. Most normal considerations in an agreement could be covered by the following types of clauses.Terminology- covers definitions, units of measurement to be used (e.g. short tons, troy ounces, etc.), currency (Canadian dollars). The term ""unit"" may be defined - l OJo of a ton of concentrate, e.g. one unit of copper means 20 pounds of copper per short ton of concentrate."

Jan 1, 1989

By S. Ivanova

The results presented in this paper show that the gold solution dilution is a key parameter to control the dispersion of gold on ?-Al2O3 the selected support. The variation of concentration leads to changes in pH which modify the nature of gold complexes from HAuCl4 formed in the solution. These complexes are presented. Some of them (AuCl3(OH)- and AuCl2(OH)2 -) react with the surface of alumina and give interesting interaction. AuCl2(OH)2 complex has been considered as an ideal complex because of the strong anchorage of a bidentate species on the alumina. This complex is formed mainly in a solution of gold with a concentration of 10-4 M giving a pH of 3.5-4.5. The nature of the anchorage and the amount of chlorine, has an influence upon the formation of Au-Cl bridges which modify the dispersion of the gold on alumina of the final catalyst as shown by TEM.

Oct 1, 2003

By D. A. Le, T. S. Nguyen

"In Canada and other countries, several types of rock formations are being considered for the geological disposal of radioactive wastes. In order to better understand the ability of these rocks to contain and isolate the wastes, the Canadian Nuclear Safety Commission collaborates with different international research organizations and has access to experimental data from Underground Research Laboratories (URLs) in the world. Such an URL is situated in Opalinus Clay, at Mont Terri, Switzerland. An experiment, consisting of the excavation of a tunnel followed by water and gas injections in a test section of the tunnel, was performed at the URL. The authors have developed a mathematical model, based on the poromechanics theoretical framework, to simulate those phases of the experiment. The constitutive relationship for the stress-strain behaviour of Opalinus Clay takes into account its inherent anisotropy due to bedding. The model was able to capture the main features of the experiment such as the prediction of the shape and extent of the excavation damage zone and its influence on water and gas migration.INTRODUCTIONIn Canada and many other countries, several types of rock formations such as crystalline rocks and sedimentary argillaceous rocks, are being studied for the disposal of used nuclear fuel from nuclear power plants. Geological disposal relies on multiple natural and engineered barriers for the long-term containment and isolation of the wastes. The host rock is a major natural barrier and is the subject of extensive research. The Canadian Nuclear Safety Commission (CNSC), Canada’s nuclear regulator, will be responsible for the licensing of future deep geological repositories. In order to evaluate the safety of deep geological repositories, CNSC staff keep abreast of scientific developments by collaborating with national and international partners on experimental and theoretical research on the long term performance of those engineered and natural barriers. Through that collaboration, the CNSC has access to data resulting from experiments performed at different Underground Research Laboratories (URLs)."

Jan 1, 2015

By T. Grammatikopoulos, SGS Canada Inc.

"The Nechalacho rare metal deposit, located in the Northwest Territories, Canada, is currently being taken through Feasibility Study by Avalon Rare Metals Inc. QEMSCAN analysis and supplementary electron microprobe analysis were utilized to identify and quantify the mineralogy of the deposit, and determine REE distribution among the minerals. QEMSCAN mineralogy was performed to provide textural information on the mineralization, determine the variability of the ore and identify REE domains, and the liberation and association of the REE minerals. The sample matrix consists predominantly of silicate minerals. The REE minerals include allanite, monazite, synchysite, columbite, fergusonite, and bastnaesite. Zircon is present in considerable amounts and is a REE carrier. Fergusonite and zircon account for most of the HREE, and monazite, allanite, synchysite and bastnaesite the LREE. QEMSCAN mineralogical data is extremely valuable in assessing the mineralogy of the ore. The data are implemented to define the mineralogy of the ore body, support metallurgical test work, and predict recoveries and grades.INTRODUCTIONThe term rare earth elements (REE) is used to describe the 15 lanthanide elements or metals and, more recently, the metals yttrium and scandium, which display similar physical and chemical properties.Economic and potentially economic REE deposits form two main groups, a more commonly occurring “light rare earth element” (LREE) group containing lanthanum, cerium, praseodymium, neodymium, and samarium and a less commonly occurring “heavy rare earth element” (HREE) group which, in addition to the LREE, contains elevated concentrations of the more valuable REE, europium, gadolinium, terbium, dysprosium, holmium, yttrium, erbium, thulium, ytterbium, lutetium and scandium. The first group is hosted primarily by carbonatites and the second by highly alkaline (Na + K > Al) silicate igneous rocks. The LREE are produced mainly from bastnaesite, monazite, etc., while HREE are produced almost exclusively from low-grade secondary ion adsorption clay deposits in which the REE are adsorbed onto the surfaces of kaolinite and halloysite, clay minerals produced by the weathering of granite and sediments. HREE are also found in fegusonite, zircon, xenotime, etc but are not produced presently from these minerals. China is responsible for 97% of the World’s production of the REE, mainly from the giant Bayan Obo, carbonatite-related deposit and from the clay deposits mentioned above.Quantitative automated mineralogy is increasingly being applied to ore deposits. It helps users to understand and improve mineralogical parameters for geological and metallurgical purposes. Data include textural characterization, to quantification and distribution of ore and gangue minerals, liberation and association of the REE minerals. The data can be used to define mineralogical domains and predict the metallurgical response of the ore (Gunning, de Souza, & Grammatikopoulos, 2009)."

Jan 1, 2012

By Jayne Somers

Methane (CH4) is a potent greenhouse gas, accounting for 15 percent of all global greenhouse gas emissions in 2005. Since methane has a much shorter atmospheric lifetime than carbon dioxide (CO2), reducing methane emissions can achieve considerable climate benefits over the next 25 years. Coal seams often contain significant quantities of methane and CH4 released to the atmosphere from gassy mines during coal extraction is a major source of greenhouse gas emissions. Methane (CH4) emissions from coal mining activities constitute approximately 6% of total global human-related methane emissions. Coal mines around the world have recognized that methane is a clean energy resource that can be captured and used productively. Coal mine methane (CMM) is currently utilized for power generation, natural gas pipeline injection, vehicle fuel, industrial process feed stocks, on-site mine boilers, mine heating, and home heating distribution systems. Upgrading mine degasification systems can often improve gas quality and create favorable project economics. The United States has been a leader in coal mine methane (CMM) recovery and use since the 1990?s. There are now 15 projects at active underground mines in the U.S., as well as 26 abandoned mine methane projects. Recovery and use projects at active underground U.S. mines reduced methane emissions by approximately 49 Billion cubic feet in 2010. In an exciting new development, a ventilation air methane (VAM) mitigation project at the CONSOL McElroy mine in West Virginia was installed by Verdeo. Operational since September 2012, this is the first commercial-scale VAM project in the U.S. and the project will reduce methane emissions by an estimated 920 MMCF/yr. As part of the U.S. Greenhouse Gas Reporting Program, actual data on methane emissions from underground coal mines was collected for the first time in 2011 and reported to U.S. EPA in September 2012. The data collected will help inform stakeholders, particularly the underground coal mining industry, of CMM emission sources on public and private lands. The detailed data will also shed light on the specific sources of methane from active underground coal mines and highlight project opportunities for the U.S. coal industry. The paper will cover U.S. coal mine methane emissions, U.S. CMM utilization and destruction projects, Federal policies and State incentives for CMM capture and utilization. 2011 CMM data from the U.S. Greenhouse Gas Reporting Program Subpart FF will be analyzed and compared with previous U.S. Greenhouse Gas Inventory estimates. Other developments, including the voluntary carbon market, will be discussed.

Aug 1, 2013

By E. J. Sides

In this paper, the argument is put forth that the codes used for public reporting of mineral resources and mineral reserves have some significant limitations with regard to the information provided to investors on the short- to medium-term value of mining properties. Such limitations include a) failure to explicitly incorporate a time element and b) failure to state explicitly the quantity and quality of mineral product that will be produced for sale. A time-value framework for reporting mineral assets is proposed in order to overcome these limitations. The proposed system is based on two classification axes: a) an X-axis representing time in years during which the value of the asset is likely to be realized and b) a Y-axis representing the value identified by a mining or exploration company\u2019s activities. The potential benefits of this system are discussed, including the ability to incorporate factors, such as permitting and construction times, directly into the magnitude of the reported mineral assets. The proposed framework would assist in the standardization of mineral assets reporting in such a manner that they could eventually be more readily included in financial statements. Year of Publication: Not explicitly mentioned in the document.

Jan 1, 2010

By J. E. Dutrizac, J. B. Sunstrum

Until relatively recent times, virtually all gold was recovered by gravity and/ or amalgamation methods. Although such techniques are very effective on coarse gold, they become increasingly less useful for finer grains especially when the gold is partly enclosed in rock matrix. Throughout the nineteenth century a number of bonanza gold fields were found in the United States, South Africa, Australia and Canada. In every case the abundant supply of gold nuggets and coarse alluvial gold soon gave way to hard rock mining with its inevitable losses of fine gold in the stamp mill tailings. Continuing efforts to develop new technologies capable of dissolving gold from finely ground ore were eventually successful first with chlorination (the Plattner process) and subsequently with cyanidation. Even before the nineteenth century, however, European chemists such as Scheele and Berthollet were aware that gold could be readily dissolved in an excess of free cyanide(1). As early as 1840, a patent was issued to the Elkington brothers for the dissolution of pure gold in cyanide solution and its subsequent plating onto various metals, with or without an applied electrical current. In 1846, Elsner showed that oxygen was also required to solubilize gold or silver in cyanide media(1). Despite the fact that much work was done on the reaction of cyanide solutions with gold, a viable leaching process for gold ores did not quickly emerge although cyanide solutions were used to enhance amalgamation from the 1860s onward. Major problems were associated with the use of concentrated cyanide solutions; the costs of cyanide were excessive and it was difficult to recover gold from the concentrated media.

Jan 1, 1999

By Craig Roberts

"While various methods are available to estimate a mining project's value, value is only established through a transaction. Comparable methods allow the value estimated for a mining project to be benchmarked against mining project values established in the market. Comparable methods thus are a key tool for ensuring value estimates are congruent with what the market would actually pay. For example, if the value estimated for a mining project using discounted cash flow analysis differs significantly from the value implied using comparable market methods, the valuator may be using metal price or discount rate assumptions that differ significantly from those the market is currently willing to pay for.The paper provides an overview of market comparable valuation approaches, and discusses some of the difficulties and limitations that arise in using these approaches. The types of market values that are typically utilised are discussed, including asset sale prices, share prices (market capitalisations), and values established in corporate mergers and acquisitions. Topics discussed include methods used in estimating a mining project's value based on the market value of the company that holds the asset, and limitations that arise because of unique features of mining projects and of companies that hold them.It is concluded that market comparable and fundamental (e.g. NPV) approaches to project valuation should not be viewed as alternative approaches to estimating project value, but rather can and should be integrated to derive a single value estimate based on both market andfandamental data. A method for integrating these approaches is discussed, and illustrated by example."

Jan 1, 2003

By V. C. Pandolfelli, P. Bonadia, F. A. O. Valenzuela, L. R. Bittencourt

Refractories for aluminum cells, if not properly selected, can lead to increased energy consumption and even shorten the pot life. Based on recent advances in understanding the deterioration mechanism of cathode materials, several commercial bricks in the SiO2-Al2O3 system were compared to the one used by an Alcoa smelter. Both physical and chemical properties were considered in the selection of the refractories. A more reliable method of permeability measurement, which takes into account inertial and viscous effects during the fluid flow, was applied. Additionally, the traditional cup test and other characterization techniques, such as thermal conductivity, X-ray diffraction, and mercury porosimetry, indicated that a brick with a relatively low alumina/silica ratio, presenting low open porosity and low permeability, far exceeded the performance of the brick currently in use.

Jan 1, 2004

By Ö Yilmaz

In this study, the behaviour of rock mass subjected to blasting load is investigated using three dimensional finite difference numerical modelling. In the analyses, Mohr-Coulomb failure criterion has been used for the characterisation of the rock mass strength. Stresses acting on the borehole boundary have been simulated by an exponential function which reaches its maximum within a short time and then falls to zero value in a considerable time period. The strain rate effect on the mechanical properties of rock material has also been taken into account in the analyses. Four different explosive-rock mass combinations have been studied to investigate blast induced damage zone. It has been observed that proposed equation for the dynamic compressive strength of rock material fits very well to general suggestions. Results have shown that blast damage analysis model recommended with this study is successful.

Aug 1, 2013

By R. D. Brown

In his April 10, 1978 budget address, Finance Minister Chretien declared that the federal government will restrict the growth of its spending to less than the trend growth of the gross national product; over the past year, both the federal and a number of provincial governments have taken action to cut back on spending policies. This new emphasis in restraint would seem 10 be a response to a mounting public reaction to the rapid growth of government spending - and taxation - over the past 25 years. Although this relatively new government posture on public spending may be admired by many, to others it raises the question: "Can the growth in government spending really be stopped?" This article comments on just how government revenues - and spending - have grown over the past few years in Canada, and mentions some of the issues relating to a slowdown in that growth.

Jan 1, 1978