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By M. D. Viera

The purpose of the study is to show, through real cases of companies in Chile, the different problems concerning valuing or economically appraising a mining ore resource with the traditional techniques. The study demonstrates that, with the risk analysis and real options theory application, one could determine the most probable value for a mining resource or mining business, and the risks cover of uncertainty scenarios. The study discusses different methods and criteria employed in the ore resource evaluation or mining assets. It also shows a comparative analysis of the different methods in order to explain various distortions, errors, risks and imprecisions of each of them. the companies are becoming aware of the risks' importance and the impact they have on the commercial value and resource estimation models. Now, the real options are the techniques that somehow make it possible to value and control the risk cover of the business. The company valuation could help respond questions like: ? How much is my business worth? ? How much has the investment profitability of my business been? What could be done to improve this profitability and create value?

Jan 1, 2007

By N. C. Clarke, T. Wu, M. le Page, K. J. Henley

In 1994, Gold Mines of Australia acquired the rights to the historic Mt. Lyell copper mine, and commenced a feasibility study into expanding production. The ore was shown in laboratory tests to be amenable to single-stage, fully autogenous grinding (FAG) of underground primary crushed ore, and this route offered the maximum cost savings. Flotation performance was expected to be enhanced. However, batch flotation tests done on pilot-scale autogenously ground ore showed an unexplainable recovery loss of between 1% and 3% Cu. A second pilot plant trial was set up, with the ground product feeding banks of continuous flotation cells. Single-stage FAG, FAG/pebble and FAG/ball circuits were tested. Results confirmed a loss of about 3% recovery with single-stage FAG milling. The FAG/ball circuit eliminated the loss. Analyses showed that autogenous milling probably produced more chalcopyrite/pyrite composites and that recovery of these composites was lower than with ball milling. In size fractions below about 53 microns, where chalcopyrite is well liberated, copper recovery was less affected by milling method and flotation selectivity. It was concluded that for the Mt. Lyell situation, a FAG/ball circuit was preferable to single-stage FAG.

Jan 1, 2002

By Bish Chanda

In the minerals business, like any other commodity-based business, management faces the daily challenge of holding down costs while the real prices of products are continually falling on an inflation-adjusted basis. Since the marketplace sets the prices, often without any premium attached for product quality, being one of the lowest-cost producers is the most viable competitive strategy. Continuous improvement is the mantra that can make the difference in terms of long-term survival of a mining company. Yet, this message has not always been followed, especially during periods of prosperity ushered by high commodity prices. More often than not, the need for improvement is only triggered by a crisis. This may be caused by events such as the onset of a severe economic recession, a prolonged oversupply situation due to an optimistic expansion of capacity during the period of prosperity, or simply falling profits alerting management to bring costs under control. At that time, there would be a need to implement a new cost-saving program, bring in a consultant to find ways to reduce costs, or re-activate an old program that had been shelved for some time.

May 1, 2003

By G. Karcas

Concurrently designing both the solvent extraction and the electrowinning processes of a copper SX EW project, in an integrated and consecutive approach, with one technology partner, will ensure continuity in the process flow and smooth execution of the engineering function with minimum duplication, time loss and errors, maximizing time efficiency resulting in excellent quality and quick and effective start-up of the plant. Projects will benefit significantly from the common technology partner approach as not only will the SX and EW processes be optimally efficient individually, but the overall process efficiency will be optimized eliminating the common problem of efficiency losses and integration difficulties when combining two consecutive processes which also require to circulate flows between them. Plant operation will also benefit from the fact that impurity control will be on a global basis, rather than concentrated on certain parts of the process, hence, better results and more efficient control. The operation of equipment will be more effective and efficient. Further, proprietary technological equipment that focuses on maximizing plant performance, such as Dispersion Depletor Gate (DDG) Fences and Outokumpu Cathodes, will be applied throughout the plant as the design philosophy will be to utilize technology to maximize production.

Jan 1, 2007

By Shoma Sinha, Nirmal K. Sinha

Deformation in a material at any temperature is known to consist of two major components - a reversible (elastic) part and an irreversible part (often called plastic). What is not universally known is the fact that at high temperatures greater than about 0.4Tm, where Tm, is the melting point in Kelvin, the reversible part includes not only elastic but also a delayed elastic (recoverable but time dependent) component. A very simple computational model is presented here for a constant-strain stress relaxation test (SRT) on the basis of a three-component constant-stress rheological equation derived from strain relaxation and recovery test (SRRT) data. It is shown that the rapid stress reduction during the early periods of relaxation when the stresses are high is governed primarily by delayed elasticity irrespective of the imposed strain level. This is in contradiction to the popular concept prevailing today. The asymptotic approach to a quasi-stable stress rate at longer times and lower stresses is, however, controlled by viscous flow (power-law creep). The validity of the theory is examined by comparing the predictions with experimental results obtained for a titanium-base alloy Ti-6246 at 0.45Tm.

Jan 1, 2004

By Masakazu Daté

Moisture effect has been studied for the CO oxidation over Au/TiO2, Au/Al2O3 and Au/SiO2, in the range of H2O concentration over four orders of magnitude. It has been found that the catalytic activity is generally enhanced by moisture in the reactant gas. The enhancement is as large as two orders of magnitude. Response to the moisture concentration, however, depends on the support oxide, indicating different contributions of the support to the reaction steps. The moisture effect is reversible and the activity is mainly determined by the amount of moisture absorbed by the catalyst. The apparent activation energies are not significantly influenced by moisture for Au/TiO2 and Au/Al2O3. On the contrary, non-uniform conversion curves versus temperature observed for Au/SiO2 are drastically changed, which indicates that the reaction over Au/SiO2 does not take place at low temperatures without moisture. The moisture effect may be probably attributed to the decomposition of carbonate species accumulated during the reaction, while the ?OH group might directly participate in the reaction pathways as a promoter.

Oct 1, 2003

By M. Honarmand, Z. Moezifar, H. Ranjbar

Abstract - The Sar Cheshmeh area covers an area of 640 km2, and is located in the southern part of the Iranian Volcanic-Sedimentary Belt. ETM+ images have been used for alteration mapping. The Crosta method was found useful for enhancing exposed areas containing hydroxyl and iron oxide minerals. However, field checking has shown that this method is not able to identify all the known areas of hydrothermal alteration. Many of these altered areas are also not clearly resolved in the geophysical data. In order to improve resolution of such areas, integration of remote sensing and geophysical data may be helpful. The Darrehzar Cu deposit was chosen as a control area. The data have been divided into two sets: explanatory and target variables. The explanatory data are Landsat hydroxyl and iron oxide images and airborne geophysical data (K, U, and Th total counts, and total magnetics). The target variables are rock geochemistry and ground geophysics. Data analysis and integration of geophysical and remote sensing data were performed using directed principal components. This technique is found to be useful for the delineation of hydrothermally altered areas with more confidence.

Jan 1, 2002

By S. M. Bulatovic, D. M. Wyslouzil

"This paper presents the results of a study of the effect of flowsheet configurations on metallurgical results and describes a general method for developing and optimizing flowsheets used in the treatment of massive sulphide ores. The flowsheet configuration can have a significant effect on recovery and selectivity between valuable minerals and gangue minerals. Placing of intermediate products within the flowsheet, positioning of various pretreatment units, such as conditioners or regrinding mills, and the ability of the flowsheet to cope with wide swings in the feed grade and composition are the major parameters that determine the optimum flowsheet configuration. The complexity of the flowsheet is largely a function of the ore itself and of the number of final, marketable products that have to be recovered from the ore. INTRODUCTIONTechnological ExpansionThe trend of past decades has been towards larger equipment and a better understanding of the chemistry of the flotation process. Despite appreciable progress in these areas little attention was given to the study of the actual configuration of the flowsheet, although the arrangement of the flotation equipment significantly affects the overall performance of the circuit."

Jan 1, 1989

By D. Thibault, A. Akhiate, M. Brochu, E. Braud

Cast martensitic stainless steels, 13%Cr-4%Ni, having carbon contents between 0.018 wt% and 0.067 wt% were normalized, air quenched, and tempered at two different temperatures (550°C and 610°C). Their microstructures were characterized by optical microscopy and X-ray diffraction (XRD). Macro and microhardness, tensile strengths, and impact resistance were quantified for each material and condition. Results show that the prior-austenite grain size is constant through the materials but the percentage of reformed austenite, contained in the martensitic matrix, depends strongly on the material chemistry and on the tempering temperature and on its duration. It is observed that, independently of tempering conditions, an increase in carbon content increases the material hardness and tensile strengths, whereas the elongation remains constant. In contrast, the results of Charpy type impact toughness tests show a different trend. The material containing the average carbon content (0.034 wt%) is significantly tougher than the two other alloys. Surprisingly, the toughness of the steel containing 0.034 wt% carbon was found independent of the reformed austenite content. It is thus concluded that carbon and reformed austenite contents are not the only parameters affecting the toughness of these steels.

Jan 1, 2014

By Wouter Bleeker, Isabelle Cadieux

"Abstracts of theses related to mineral deposit studies and exploration, completed at geology or earth science departments of Canadian universities, have been compiled for the period 1991 to mid-I993. Part I, presented in the June, 1994 issue of the CIM Bulletin, gave a listing of thesis titles. Part II. which consists of edited abstracts of theses considered to be of direct application to mineral deposit studies and exploration. is presented under various themes as follows:A. Kimberlites, Other Alkaline Intrusions and Related Studies;B. Volcanogenic Massive Sulphide Deposits and Related Studies;C. Mineral Economics;D. Mesothermal Gold Deposits. Other Gold Deposits and Related Studies:E. Magmatic Nickel-Copper, Platinum Group Element and Chromite Deposits and Miscellaneous Platinum Group-related Studies;F. Granite and Pegmatite-related Deposits and Porphyry Deposits;G. Diverse Hydrothermal Deposit,>, Sediment-hosted CopperDeposits and Mississippi Valley Type Lead-Zinc Deposits; andH. Uranium-related studies, Evaporites and Exploration Geophysics.Abstracts related to themes A to F were presented in previous issues of the CIM Bulletin, abstracts related to themes G and H are presented in this issue.G. Diverse Hydrotbennal Deposits, Sedimenthosted Copper Deposits and Mississippi Valley Type Lead-Zinc Deposits"

Jan 1, 1995

By Arash Habibi

The FMC Westvaco Trona Mine is located near Green River, Wyoming and has an annual production of 4.5 M tons. The underground mine has three active development panels and one longwall panel. The mining horizon is about 500 m below surface and strata liberate methane. Three surface-based blowing fans provide ventilation air. A ventilation survey and subsequent analysis was undertaken and a simulation model developed. Air heating during winter is essential to prevent freezing of pipelines and to lesser degree, for miner comfort. Air at all three intake shafts is heated using gas-fired heat exchangers. A strata heat study was conducted in one of the active panels to determine rock attributes. Tests included in-situ measurements of rock thermal conductivity and geothermal gradient. Continuously methane monitors have also been installed in an active development panel?s return drift. Ventsim ventilation software was used to aid the heat and contaminant simulation study. An exercise was also undertaken to gain some understanding of methane contaminant levels throughout the mine. It was further used to determine an adequate surface intake air heating rate and consequently the minimum natural gas consumption needed for winter intake air heating at the mine.

Aug 1, 2013

By J. Donovan

Underhand cut and fill mining is being planned for selected areas at the David Bell Mine where high ground stresses have resulted in particularly challenging mining conditions. In order to test the placement and performance of a variety of underhand cut and fill paste mats three different designs have been installed and extensively instrumented along the A-Zone 9C ore sill. The sill is approximately 87m long, 4.0m high, and 5.0m average width. The sill was broken into 3 sections each of which will contain one of the sill mat designs. The underhand sill will be mined 3.75mW x 4.0mH, allowing for some overbreak while minimizing the risk of the back span exceeding the design limit of 4.0mW. Each test sill mat includes pre and post-support and includes 0.5m (18?) broken muck mat placed along the sill floor. Upon developing beneath these mats quantitative and qualitative measures will be used to determine which design is the most suitable for application in underhand mining at David Bell.

May 1, 2007

"Nanisivik Mines Ltd. operates a 10-M W diesel-electric generating plant at its zinc-lead operation on Baffin Island in the Canadian Arctic. This paper provides a description of the plant and the integrated waste heat recovery system. Data is presented detailing the actual costs of operating a plant over a period of seven years. Problems in operation are described as well as the success of the plant in meeting its objectives over the years. IntroductionNanisivik is located on the shore of Strathcona Sound at the north end of Baffin Island (Fig. I). Nanisivik Mines Ltd. has operated a 2,100 tonne per day zinc-lead underground mine and a concentrator, together with supporting infrastructure, at this location since October 1976. Annual production of 100 000 tonnes of zinc and 10 000 tonnes of lead concentrate is transported by ship to Europe during the mid -July to mid October shipping season.All electrical needs of the project are provided by the company-owned and -operated power plant. Facilities served by this electrical system are the underground mining areas, the concentrator and industrial area, a townsite, airport, and shiploading dock complex."

Jan 1, 1986

By X. Cao, P. Wanjara, J. L. Fihey, X-T. Pham, F. Mirakhorli

Single-pass hybrid laser-arc welding of 10-mm thick cast plates of CA6NM, a low carbon martensitic stainless steel, was carried out in butt joint configuration using a continuous wave fiber laser at its maximum power of 5.2 kW over welding speeds ranging from 0.75 m/min to 1.2 m/min. The microstructures from the fusion zone to the heat affected zone and base metal were characterized after post-weld tempering at 600°C for 1 hour. From optical and scanning electron microscopy examination, the fusion zone was observed to mainly consist of tempered lath martensite and some residual delta-ferrite. The mechanical properties including microindentation hardness, ultimate tensile strength and Charpy impact energy were evaluated in the post-weld tempered condition and correlated to the microstructures and defects. The ultimate tensile strength and Charpy impact energy values of all the fully penetrated welds in the tempered condition were acceptable according to ASTM, ASME and industrial specifications. The failure mechanisms during tensile deformation and Charpy impact loading were examined by scanning electron microscopy, fractography and optical metallographic analysis near the fracture origin.

Jan 1, 2015

By David Lewin

The journey toward cleaner coal-fired power generation is driven by technological improvements, more stringent regulations around greenhouse gas and other air emissions, and the potential of one of Canada?s most abundant resources. Within this context, EPCOR is leading efforts to commercialize gasification technology to produce electricity with near-zero emissions. By turning coal, oxygen, and water into synthesis gas through a gasification process ? and then capturing CO2 ? it is possible to dramatically reduce greenhouse gas and smog-related emissions. EPCOR is conducting front-end engineering and design work on an Integrated Gasification Combined Cycle technology (IGCC) utility-scale plant ? in conjunction with the Canadian Clean Power Coalition ? at its Genesee site, west of Edmonton. EPCOR, the Alberta Energy Research Institute, and Natural Resources Canada have each contributed $11 million to the $33 million project. A critical element of the project features the capture of CO2, which would be piped underground for long-term sequestration, or for use in enhanced oil recovery (EOR). The combination of IGCC and CO2 sequestration, at this scale, has not been used anywhere else in the world.

May 1, 2008

By Denni Nikols

"Planning for coal beneficiation in the electric utility industry is relatively complex, involving the coordination of experts and specialists in a broad range of fields, as well as compliance with a wide variety of government regulations.This paper examines the role of the planner, reviews possible benefits of coal beneficiation, identifies potential problems and illustrates a typical planning schedule.The steps involved in the planning process are:Step I-Bench- and pilot- washability studyStep 2- Wash plant designStep 3- Power plant and boiler designStep 4-Mine designStep 5-Major environmental and technical problems to address.IntroductionElectrical utilities and coal have a long and intimate relationship . Cleaned coal is becoming an increasingly popular fuel with the utilities for a variety of reasons. Generally, the greatest impetus to burn a cleaned or prepared coal fuel comes from the need to control airborne pollutants.Long-range planning is a standard practice for electric utilities, forecasts of demand must be made well into the future. Since the lead time required to provide new facilities is often as long as 10 years and the cost very high , planning becomes an important task.For a utility that owns and directs the operation of its coal mines, the mine planning or fuel acquisition planning takes on the magnitude of other corporate planning functions. It is from this perspective that a utility would view coal preparation. Except for the interaction of a coal-fi red plant on the actual mine design the planning considerations o f a beneficiating facility for a captive mine or a contract raw coal supply are about the same. Because TransAlta Utilities is currently supplied from captive mines, this discussion will tend to focus in that direction.It is the role of a planner to plan. This is easy to say but it is not always easy to do. Often we are working within a context that resembles the geological time scale. Frequently the objectives are not clearly defined when we begin and ultimately our plans are tested in the waters of government regulations and cost benefit analyses .Planning for beneficiation of Plains coal, or any coal, provides just such a test. The planner's role in this endeavour requires a wide vision. While parts of the process may be amenable to classical methods of project scheduling, the broad range of subjects and interaction of seemingly unrelated tasks is sure to obscure some of the considerations that must be made. Therefore, the planner's chief role is coordinating the work of many experts and specialists toward the final objective.Among the specialists are combustion , geo technical, mining, civil , and mineral processing engineers , geologists, hydrogeologists, soil, and reclamation experts to list a few.When one considers coal beneficiation, the planning part o f that consideration is probably more complex than any other single engineering function. Due to the company's location in the Alberta Plains and the proximity o f the mine to the thermal generating station, this paper will tend to emphasize that situation.Beneficiation may offer some advantages over run-of-mine coal to the power plant opeator. Some of these advantages are: removal of a contaminant, power plant efficiency gains , lower plant capital costs (for new plants), possible lower mining costs."

Jan 1, 1984

By Victor Maksaev, Marcos Zentilli

"Abstract - The Domeyko Cordillera, the westernmost uplifted crustal block of the composite High Andes of northern Chile (20°S to 28°S) hosts a narrow N-S trending belt of Late Eocene-Oligocene giant porphyry copper deposits, which include Collahuasi, Chuquicamata, El Abra, La Escondida, and El Salvador. These deposits are spatially and genetically associated with the closing igneous activity along this range, prior to a 30 km eastward jump of the magmatic front in response to tectonic plate interaction. The porphyry copper deposits are also spatially associated with a major intraarc strike-slip shear system, the Domeyko Fault System. Although the tectonic uplift of the 3000 m to 5000 m high range has generally been assumed to be mostly Miocene in age, field relationships suggest that the Domeyko Fault System and tectonic uplift were active as early as the Eocene, coinciding with porphyry copper emplacement between 41 Ma and 30 Ma. Apatite fission track (FT) thermochronology provides both age data and a time-temperature history for rocks since they cooled below a temperature of ca. 125°C (equivalent to a depth of 4 km to 5 km under normal geothermal gradients) on their way to the surface during exhumation, or after a heating event. Apatite FT data from the Paleozoic crystalline basement of the Domeyko Cordillera indicate that at least 4 km to 5 km of rocks were eroded during exhumation of this tectonic block between ca. 50 Ma to 30 Ma (Middle Eocene to Early Oligocene), a time that immediately precedes and overlaps with the emplacement of giant porphyry copper deposits. The FT data constrain the age and duration of a period of crustal thickening and extensive erosion known as the Incaic compression, an event recognized in the Andes of Chile and Peru. Assuming that cooling was due to denudation alone, modelling of the FT data allow estimation of denudation rates between 200 and 100 m/My during this period. In contrast, exposures of pre-porphyry Paleocene intrusives on the western edge of the Domeyko Cordillera reveal apatite FT ages that are concordant with biotite 40Ar-39Ar dates, indicating shallow emplacement, fast cooling and negligible exhumation. The apatite FT ages of the Chuquicamata and El Abra porphyry copper deposits are only marginally younger than their 40Ar-39Ar dates, implying fast cooling/exhumation of shallow mineralizing systems (ca. 2 km to 3 km). Their FT time-temperature history is compatible with extremely low rates of exhumation (ca. 50 m/My) since about 30 Ma (Early Oligocene). This limited extent of erosion, due to exceptional aridity, has greatly contributed to the preservation of rich supergene enriched blankets above some of the porphyry copper deposits.A model is proposed, which is consistent with field relationships, geochemical, and geochronological data. High relative velocities and intermediate-angle oblique convergence between the Nazca and South American plates in the Eocene-Early Oligocene led to intra-arc transpression partitioned into reverse faults of opposing vergence and a right-lateral shear system (the Domeyko Shear System) localized along the magmatic front. Crustal shortening and thickening led to uplift within the Domeyko Fault System and to erosion of at least 4 km to 5 km. Crustal thickening deepened the zone of magma generation, and magmas accumulated in the lower crust, allowing small volumes to rise rapidly to shallow levels along transtensional domains of the regional shear system. A similar model of crustal thickening and shortening before and during porphyry copper emplacement in zones of transtension may also apply to the Miocene-Pliocene giant porphyry copper province of central Chile."

Jan 1, 1999

By Peter N. Blakey, Jean-Paul Paquette, Barton A. Thomson

"FROM THE BEGINNING OF THE PIT, it was known that the surface mining method had a projected life of about ten years, and that the ore extended to depths recoverable only by underground mining. When serious consideration was given to underground mining in 1968, it was realized that tremendous advantages could be gained by starting the underground mine as early as• poss1ble. These included: 1. The availability of underground ore for grade control, which would become more difficult as the pit deepened. 2. The need to develop new systems, equipment and skills to take full advantage of the technological revolution in underground mining. 3. Early knowledge of rock behaviour through trial mining on a small scale prior to finalizing plans for major blocks. In addition, the pit would be available to guarantee the mill supply if problems were encountered. 4. With sufficient time and early mining experience a much better job could be done on all mine planning. Because ample reserves of economic underground ore were virtually assured, the desired underground mining capability became a function of two restraints: first, the time required to excavate and construct the permanent headframe, shaft and ore-handling facilities necessary to handle large volumes of stope ore; second, the time for lateral and stope development on at least one level which would normally follow shaft sinking. The decision made was to move immediately on the permanent hoisting installations and at the same time embark on the planned ramp from surface, which would allow much stope preparation to be completed prior to .bringing the shaft on stream. Both projects were placed on an urgent basis early in 196S' and the following decisions made shortly thereafter."

Jan 1, 1974

By D. H. d Hamly

THE work of Brown and others at Pittsburgh (Brown, Baum, Yant, and Schrenk, 1938)(1) and the success of their light field microprojector (Figure 1), have shown that the microscopy of dust quantitation can be greatly improved. It has been shown that dark-field microprojection of dust spots on konimeter slides is possible (Pullen, 1940), and this paper is a discussion of the new microprojector and a new counting method which is made practical by this instrument. The microscope makes possible the ready determination of the dustiness of mine ventilation air. Reduction of the dust concentration from a dangerous to a safe level involves one or more of the following: reduction of dust production, filtration of the air stream, or dilution with non-dusty air. Each of these raises important engineering problems of time and costs, and trustworthy information on the state of dustiness of the air is required ?both before and after the employment of any method of reduction. Records of this information may be divided into two broad classes concerned with safety: (1) the level of dustiness, and (2) the quantity and kind of dust produced by a machine under a given set of conditions. Though the first requires only one determination for a given time and place, numerous routine records are required to show the continuous safety of the air in an actively producing mine. Though repeated samples are required, highly accurate counts are not needed to show safety or to indicate whether a substantial increase in the non-dusty ventilation air has produced a proportionate decrease in the dustiness of the mixed air. The Devers and Gathercole konimeters have proved satisfactory instruments for this purpose in Ontario.

Jan 1, 1942

By W. J. Wolfe

"Quartz Hill is a large, low- to moderate-grade quartz vein stockwork porphyry molybdenum deposit, discovered in 1974 during a regional stream sediment geochemical reconnaissance survey of southeast Alaska conducted by United States Borax and Chemical Corporation. Mineralization is localized in the upper parts of an Upper Oligocene (30 Ma) composite quartz monzonite stock which is emplaced discordantly into older Cretaceous to Early Tertiary terrain of the Coast Range igneous metamorphic complex of the northwest North American Cordillera. Subsequent fault-controlled, complex multi-stage intrusion, concentrated in the core of the Quartz Hill stock, produced successive pulses of hydrothermal alteration and molybdenum mineralization at about 27 Ma. Overall, the deposit is tabular and flat-lying and well suited to open pit mining. The 0.05% MoS2 grade limit covers an area of approximately 1500 m by 2750 m and extends to a maximum depth of 520 m below surface. Details of grade distribution show two separate lobes of higher grade material within the larger low-grade deposit.A ten year program of exploration drilling, underground development, sampling and metallurgical testwork led to a 1983 feasibility study based on a resource of 1600 million tonnes grading 0.127% MoS2 at a 0.08% MoS2 cutoff The large size of the deposit and its homogeneous grade distribution, typically showing gradual outward decrease of grade, makes in pit grade selection practical at several cutoff levels. Cominco Ltd. now reports a Probable Resource of 210 million tonnes averaging 0.22% MoS2 with a further Possible Resource of 1100 million tonnes averaging 0.12% MoS:z. At low molybdenum metal prices which have persisted for 10 years since the molybdenum price spike of the late 1970s and early 1980s, the Quartz Hill deposit is sub-economic."

Jan 1, 1995