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By Charles F. Jackson

Gold mining is a subject that not only appeals to the popular imagination but has vital importance to the world's economic structure. However, a discussion of the use of gold as a medium of exchange, and a basis for credit between nations and for monetary systems is not within the scope of this paper. The importance of gold in carrying on the commerce of the world, the present supply and rate of production, the probable trend of future production, the probable future requirements, and related subjects have recently received much attention from bankers and economists, and many articles on these subjects have been published. During slack periods of base-metal production due to falling prices, accompanied by scaling down of base-metal mining operations and often by the closing down of at least some mines, there usually result revival of interest in gold mining, search for previously undiscovered deposits, and reopening of some old gold mines.

Jan 1, 1932

By John Wightman

LOCATION OF PROPERTY THE property of Caribou Gold Mines, Limited, is situated in the north-eastern part of Halifax county, seven miles south of the Canadian National railway line at Upper Musquodoboit. Approach to the village is by a secondary road, improved recently by waste rock from the mine dump. A two-wire telephone line, seven miles long, built and owned by the present operators, provides communication to the nearest telephone exchange, Parker's Corner. HISTORY In 1870, the Caribou area was recognized as a proclaimed gold district. From then on, operations were intermittent, with periods of considerable activity by small companies until there were no fewer than seven mines in a district two miles long by three-quarters of a mile wide. These were the Holman, Truro, Caffrey, MacDonald or Elk, Lake, Dixon, and Hilchey properties, all of which have had separate stamp-mills, and have produced gold for varying periods. Depths of the workings range from 100 feet to 1,000 feet. Power was generated at each property by means of steam boilers. At the present time, the Consolidated Mining and Smelting Company of Canada, Limited, controls all the leased areas, approximately 800 acres, and is operating by means of one central vertical shaft. GEOLOGY The district in and about Caribou Mines has an elevation of approximately five hundred feet above sea level. The area is fairly well wooded, with rock outcrops here and there. These outcrops, along with information from test-pits and shafts, have been the basis for the very excellent geological map of the district prepared by E. R. Faribault some years ago. The rock structure, which is one of the best examples in Nova Scotia of an elliptical dome, has its anticlinal axis in a northeast-southwest direction, and flat plunges in the same directions.

Jan 1, 1938

By T. J. Haddon

For the mining industry in general and gold mining in particular the past few years have been difficult. Economic conditions coupled with growing regulatory restrictions have led to increasingly important reasons for managing assets wisely. From a public company perspective this makes sense because it ultimately provides for an increase in shareholder wealth and that's what we're in business to do. Regardless of whether a company is public or not, assets must be managed effectively to remain a player in today's competitive environment. So, as the CEO of a gold mining company, how do we manage our assets to ensure that we are satisfying our obligations to our customer --the Amax: Gold shareholder? Let me tell you. As I said earlier, the gold industry has been under siege. We have just completed our third year of average prices below $400 per ounce. When you add finding and/ or acquisition costs and development costs to operating costs, there isn't much of a profit margin left. What this environment provides, however, is opportunities for growth. In the gold business, you either grow or you die. Today, most North American gold producers have at most a 10 year mine life. We are all scrambling to add reserves so we don't become extinct. As prices remain low, opportunities for increasing diminishing reserves abound. This is the time for the opportunistic company to take advantages of market conditions and that's precisely what we, at Amax: Gold, have done!

Jan 1, 1992

By J. C. Murray

Introductory: In dealing with a topic so large, one that involves such a multiplicity of details, and that also has certain controversial aspects, it is quite impracticable within the limits of this article to touch upon many most interesting phases and incidents. Also, to bring out the actual truth, it is necessary to make certain categorical statements. The writer believes that all such statements made here-under are supported by facts. Again, however, it is out of the question to cite all the proof. The writer, therefore, will gladly answer any pertinent criticisms or questions and thus supplement the unavoidable brevity of this paper. Controversial points will take care of themselves. Historical: For present purposes the history of gold mining in Nova Scotia may best be summed up in a very few paragraphs, in some of which the writer quotes freely from recent reports compiled by himself. The first material discovery of gold was made in the year 1860. As this and rapidly succeeding discoveries were looked upon as bonanzas, the claims were fixed at a size of 20 by 50 feet, and a yearly rental of $20 was charged. Later the claims (areas) were increased in size to 50 by 150 feet. In the year 1866 a temporarily successful company, so we are informed by a contemporary writer, owned a mill and mining plant worth $6,000. As this fact is cited with admiration, it is apparent that most of the mining and milling must have been done in a very primitive manner indeed.

Jan 1, 1926

By A. S. Bayne

THIS paper will present a review of the mining operations of one of Canada's most lately established gold mining districts (1). The history of the Little Long Lac and Sturgeon River areas is interesting in view of the fact that, although they have long been the scene of a certain amount of mining activity, they remained little more than an uninhabited wilderness until 1933, since which time ten producing gold mines and mills have been established in permanent operation, eight of these having entered production since the beginning of 1937. As complete a background as possible will be given concerning the major influences having a bearing upon living and economic conditions in the mining communities. The object, here, is to show the diversity of problems which demand the attention of the operator starting up and operating a new mine in present times, and to indicate the ways in which these problems are successfully met in this district. A description of the power facilities and plant equipment will be followed by a summary of the problems encountered and methods applied in exploration and development. This is to aid in forming a background showing the circumstances which influence the mining methods and costs of the various operations. The paper will conclude with a description of the mining methods used and the costs of the operations, including summarized analyses of the stoping methods and mining conditions. The various phases of operation will be dealt with separately, in so far as this is possible, in order to present clearly the salient features. It is necessary, however, that the reader bear completely and constantly in mind the fact that in actual operations these phases arc, to a large extent, intimately related and greatly affect each other, as well as being, in turn, affected by other circumstances beyond the control of the operator. A few of these circumstances are: capital available during the development period and early stages of productive operation; strength of rock comprising the ore and its boundary walls; grade, size, shape, and location of ore-bodies; and many other natural items which must be carefully weighed in relation to the details of operation.

Jan 1, 1940

By R. D. Osmanson

A series of batch roasting tests was performed on minus 1/2 inch gold bearing refractory samples from the Gold Acres deposit, and 67 select particles were polished and the sulfide alterations were examined microscopically. The suite of specimens represents two hour batch roast treatments at 600°C, 700°C, 725°C, 750°c, 800°C, and 900°C. Auriferous pyrites were found to alter sequencially to pyrrhotite, magnetite and finally to hematite. It was found that the decrease in cyanidation extraction with high temperature roasting is likely due to the increas ing stability of magnetite and more crystalline hematite, and the decrease in porosity with these phases which occlude the gold. Gold has been noted to occur very early in the mineralizing sequence, with gold being found in quartz and in clay/carbonate rock matrix. No gold was found in the two pyrite phases, but numerous gold grains were found in pyrrhotite after pyrite and in subsequent iron oxides. Gold mineralization had apparently ended by the time base metals were introduced into the deposit.

Jan 1, 1987

By Donald H. McLauqhlin

ITEM expressed in billions of dollars have become so commonplace these day- that a mere statement of the latest figures for the country s gold reserve scarcely conveys m adequate sense of the immensity of the commitment the nation has made in building up its huge stock, two-thirds of which is now stored at Fort Knox. Kentucky. Only by measuring it against quantities that mean something tangible to a particular group can an adequate comprehension of its magnitude he rained; consequently, to mining engineers, a comparison with the value of output from well-known mining districts might best serve to give some degree of reality to the astronomical figure at which the country gold is now valued.

Jan 1, 1941

By A. Azizi, P. Blatter, A. Bouajila

"Due to the high reactivity of sulfide minerals in alkaline cyanide solutions, some parasitic reactions inflict a heavy gold surface passivation and excess cyanide consumption resulting in a dramatic decrease of the gold leaching rate. Atmospheric pre-oxidation was shown to be an effective tool to enhance gold extraction by preventing a passive film from forming on the surface of gold grains. This work aims to highlight efforts undertaken to determine: (1) how gold cyanidation is limited by passivation; (2) what are the reactions and mechanisms involved during gold cyanidation; and (3) how a better understanding of fundamental issues can be used to design a proper pre-oxidation strategy. INTRODUCTION Precious metals (PM), gold in particular, naturally occur in contact within a wide range of sulfide mineral systems. Hence, one of today’s most challenging R&D tasks consists in accounting for the presence of sulfides on the cyanidation behavior of gold. An important body of knowledge reveals that metal sulfides display a range of reactivities in alkaline cyanide solutions (Marsden & House, 2006). Such reactivities are acknowledged to inflict additional utility costs and loss of profits because they are accompanied with higher consumption of cyanide and/or formation of undesirable by-products that are often detrimental to gold leaching rates. Gold recovery in cyanidation is hampered by a multitude of factors, among others: (1) consumption of excess cyanide as a result of the formation of thiocyanate and dissolution of transition (Cu, Fe, Zn, etc.) metals (Habashi, 1967); (2) gold surface passivation by solid reaction products, e.g., Fe(OH)3 (Guo, Deschenes, Pratt, Fulton & Lastra, 2005), sulfur (Dai & Jeffrey, 2006; Jeffrey & Breuer, 2000;) or oxo and thiooxo (SbO33- SbS33-) salts in alkaline solutions (Guo et al., 2005). Because of their energy structure, most of the sulfide minerals exhibit semiconductor properties (Marsden & House, 2006). Therefore, the contact between constitutive sulfide minerals inside complex sulfurous ores entrains electrochemical phenomena in which sulfide dissolution is a genuine corrosion process (Azizi, Petre, Olsen & Larachi, 2010). For instance, galvanic interactions could be initiated between the various constituents within the ore and could substantially increase or decrease the reactivity of some of the associated minerals."

Jan 1, 2012

By G. R. Tostengard

Gold plant performance during the start-up period, which extends until capacity production is sustained, has a major impact on the internal rate of return and the net present value of gold projects regardless of mining and processing configurations. The start-up period experiences substandard production, extra expenses, and sometimes reduced recovery. This results in lost profits, a portion of which are recouped at the end of the life of the mine. Poor start-up performance can put projects into financial jeopardy. The gold mining industry regularly experiences start-ups ranging from good to poor. Problem areas, which affect start-up performance, include shortcomings in ore reserve sampling and testing, equipment design and installation, untrained plant operators, inability to cope with problems which arise, and organization of the maintenance program. An investment, equal to 0.5% to 1.0% of plant capital cost, in programs to prepare for start-up, in advance, is recommended. Investment in such a program will make a good start-up possible. Without it the best result which can normally be expected is a fair start-up. Developers of new gold mines are urged to compare the cost of this investment with the anticipated increase in project net present value. Funds for this investment should be included in feasibility studies.

Jan 1, 1988

By M. R. Lastra

Island Copper Mine began gold recovery Tom molybdenum sulfide concentrates in April, 1985. Plant design capacity is 20 tons of molybdenum concentrate per day. The molybdenum concentrate is produced in a conventional copper/molybdenum flotation circuit by selective copper depression. After thickening, the molybdenum concentrate is leached with cyanide solution in a series of five leaching tanks. The leached concentrate is then filtered and soluble gold values recovered on activated carbon with a six column adsorption circuit. The gold leach extraction is approximately 80 percent with a gold adsorption on activated carbon of 97 percent.

Jan 1, 1986

By C. Dupuis

Thiourea is a promising reagent for gold extraction especially from refractory ores that cannot be treated by traditional cyanidation route. In this study recovery of gold from thiourea leaching solutions was investigated by direct electrowinning. The electrolysis cell consisted of a carbon flow-through cathode and a lead anode. The anodic and cathodic compartments were separated by a membrane. Galvanostatic mode was chosen for operation of the cell. Factors affecting recovery efficiency such as cathode thickness, linear flowrate, current intensity, thiourea and gold concentrations were investigated. The influence of some species in solution on efficiency and selectivity of recovery was investigated. Gold recovery reached 99% but current efficiency was lower than 10%. The complex formed with ferric ion and formamidine disulfide are reduced before gold-thiourea complex. Thiourea consumption occurred during leaching mainly by oxidation and reaction with dissolved copper.

Jan 1, 1989

By J. A. González-Anaya

This laboratory work presents a study of the effect of ultrafine grinding on the gold recovery of a highly refractory gold concentrate. The particle size of the concentrate was P80 = 46 µm and the main species present were quartz (28.58%), dolomite (25.63%), pyrite (20.93%), arsenopyrite (15.39%) and 112 g/t gold. After optimizing hydrated lime and lead nitrate additions, standard cyanidation with 1% NaCN, pH = 12.3, 25% S/L permits to recover only 9.4% of the gold. Different particle sizes were submitted to cyanidation. When the concentrate was ground to ultrafine sizes (P80= 4.6 µm), the gold recovery for the same cyanidation conditions increased to 67%, with cyanide consumption of 66.7 kg NaCN/t. Additional tests were performed in order to reduce the cyanide consumption. The reduction of the cyanide concentration in the leaching solution from 1 to 0.5% and the addition of 100 g Pb(NO3)2/t allowed the reduction of the cyanide consumption to 27.6 kg NaCN/t (58% reduction), while maintaining the same gold recovery of 67%. The remaining gold could be present as very fine inclusions or in solid solution in the matrix.

Jan 1, 2011

By Gabriel E. Zárate, Juan C. Guzmán

In Chile there are significant amounts of gold in flotation tailings that could be recovered, being heap leaching the most promising alternative. In order to determine the feasibility of treating these tailings by this method, a detailed study is carried out using 4 representative samples. After defining the best conditions an economic evaluation is done for a plant treating 200 tpd, sensibilizing with respect to parameters such us gold price, tailing grade and capital costs. The results show that it is technically feasible treat these gold tailings by heap leaching with gold extractions over 70 %. It is also economically feasible for gold grades higher than 0.5 g/t and gold prices over 350 US/oz.

Jan 1, 1987

By Donald H. McLaughlin

PRICES paid for goods and services in paper currencies are undoubtedly determined by many interrelated factors, but among them none is more specific in pushing prices toward higher and higher levels than the vast increase in debts and monetary obligations of our own and practically all major governments. There is nothing unorthodox in the situation in which the gold miners find themselves today. With wages and the prices of all materials required in the production of gold at the high levels characteristic of a period of prosperity, phony or otherwise, and with shortages of both men and machinery to contend with as well, the spread between the returns in paper dollars that must be accepted for gold in the United States and the cost of producing it is rather painfully small for most producers. Technical

Jan 1, 1948

By Aldin Ardian, Mustafa Kumral, Jagjit Singh

Risk assessment of mining projects is a requirement in the mineral industries. In this process, many risk variables are timedependent, and the only available data are historical time series. Moreover, in the case of a multivariate scenario, conventional forecasting methods fail to capture conditional dependency across the variables, which is important when there is an underlying causal relationship that needs to be modeled for accurate project evaluation. Thus, we investigated the use of copulas to capture the conditional distribution of the factors involved in a mine risk assessment study. We employed a multivariate copula-based time-series approach to model several uncertain variables. The Autoregressive Fractionally Integrated Moving Average - Generalized Autoregressive Conditional Heteroscedasticity (ARFIMA-GARCH) model was used for the conditional mean and copulas were used to model the error distribution, thus capturing the collective variation and dependence pattern across the variables. The method was implemented to model gold prices, copper prices, and the 10-year US Treasury bond yields and to determine the project’s net present value and probability of being economically feasible. The proposed approach can be used for cases where simulation of multivariate time-series is conducted.

Apr 13, 2021

By Henry S. Washington

Introduction. It Still Rains On The Choco ! I Well Remember One Evening A Dozen Years Ago, While. Traveling Toward The Town Of Negua In A Small Champa Or Dug-Out Canoe, The Rain Fell So Heavily That I Had To Work My Hardest To Bail Out The Water With A Large Totuma Or Gourd In Order To Keep The Canoe Afloat, The Senegambian Meanwhile Plying His Paddle In The Stern. If Any One Thinks Bailing Is Easy Work, Let Him Scoop Out A Quart Or More At A Stroke, 40 Times A Minute For Half An Hour, And I Venture That He Will Change His Opinion. These Small Canoes Required Only One Paddler, To Make The 3 Miles An Hour Which Is The Standard Rate Of Aquatic Progress On The Choco. Another Time, On The Atrato River, About Six O'clock In The Afternoon, The Rain Fell So Heavily Than An Empty Gourd, 9 In. In Diameter And 4.5 Deep, Was Filled To The Brim In 90 Sec., Timed By A Watch. Such Downpours Are Typical, But Unless Caught In One It Is Not Specially Noticed. These Downpours Seldom Last More Than An Hour, And Frequently Cover Only A Limited Area, Occasionally Falling On One Bank Of A River And Not On The Other. During The Night-Time,' The Rain, If Gentle, Will Usually Last Until Dawn, And Sometimes An Intermittent Drizzle Will Keep Up All Day As Well, Although, As A Rule, It Rarely Rains During The Day. The Rise Of The Rivers, Due To The Rain-Fall, Varies From A Few Inches To Several Feet. One Night In August, 1899, The Spuds Of The Dredge Margaret, Operating On The Atrato River, Showed A, Rise Of 16 Ft., And For 3 Days Thereafter Occurred The Greatest Flood Known In That District For 32 Years. The Dredge Had All Three Spuds Clown, And The 2-Yd. Shovel Dragging On The Bottom. A 0.75-In. Cable Fast To A Stout Tree, 700 Ft. Away, Stretched Tight

Sep 1, 1908

By V. N. Kolesnikov

The gold-silver deposits of the northern Primorye region are located in the eastern part of the East Sikhote-Alin volcanic belt, where the belt overlaps the Kema island-arc terrain of the Aptian-Albian age. There have been four deposits and numerous mineralization points found in the NE-trending Kema metallogenic belt that is about 1000 km long and 100 km wide. The known mineralization is of epithermal type, controlled by faults, and concentrated in quartz, quartz-fluorite-adularia, and, less commonly, sulfide-quartz vein systems hosted by the Upper Cretaceous-Lower Tertiary volcanic rocks. The vein systems extend for hundreds meters along strike, varying from tens centimeters to 50-60 meters in width. They are surrounded by wide zones of low-temperature hydrothermal alteration containing some gold-silver mineralization for which the commercial value was not studied during the early exploration. The ore bodies contain from 1 to 50-80 ppm of Au and from 1 to 1000 ppm of Ag. Gold is native, associated with quartz, and represented by particles from tens of microns to 1 mm in size. Silver occurs in native form as a constituent of argentite, pyrargyrite, stephanite, and other sulfosalts. The test work carried out for three vein systems 20 years ago showed that gold might be easily and almost completely recovered from the ore by cyanide treatment. The paper describes the geology and mineralogy of the deposits, Salut and Primorskoye, that are the most studied properties of the Kema belt. It also presents the data available on disseminated gold-silver mineralization in stockworks, altered explosive breccias, and wide zones of low-temperature hydrothermal alteration. This mineralization should be explored for possible exploitation as large open-pit, heap-leach deposits.

Jan 1, 1998

By I M. Platten, C J. S Sangster, Y Xie, S C. Dominy

Cononish is a steep, narrow NE-SW trending vein system that was emplaced into late Proterozoic metasediments. It shows brittle style deformation and postdates metamorphism and associated Caledonian foliations. The ore shoots plunge 45¦SW, have a 40 to 80?m intersection with the existing underground development and extend between 40 and 260?m down plunge. Small-scale sulfide-bearing domains within the vein carry the highest gold grades. They collectively define the ore shoots, where one or two and rarely three of the domains are present at an individual site in the vein. Gold occurs as electrum, with minor native gold. Silver occurs additionally as tellurides and native metal. The gold/electrum is fine-grained, generally <100?¦m in size and locally clusters. Visible gold up to 2000?¦m in size is rare. Gold and silver are generally spatially associated with sulfides in quartz. The main sulfide is pyrite, but galena, chalcopyrite and sphalerite occur also. Electrum and gold occur with galena in pyrite-hosted fractures. Gold is also associated with the contacts between galena and pyrite grains. Discontinuity of individual domains, variation in domain thickness and internal heterogeneity results in short scale variation in grade across the structure. Over 16?km of diamond drilling and a 1.2?km exploration adit has provided data to support a Mineral Resource estimate of 169?000?oz Au and 631?000?oz Ag reported in accordance with the 2004 JORC Code.CITATION:Dominy, S C, Platten, I M, Xie, Y and Sangster, C J S, 2013. Gold-silver vein mineralisation at Cononish, Scotland, in Proceedings World Gold 2013 , pp 445-454 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By F. W. Bradley

GOLD is a large subject. One could talk about its geological or mineralogical occurrences, prospect- i11.g for it, mining of .it, its metallurgy or its marketing; but I have decided to limit my discussion to gold as a business-that is, to its production and marketing. In the production of gold, it is necessary to consider the many possible sources, the quantities available, the capital and operating costs and the chances of price-breaking competition. So in the following remarks I shall endeavour to point out that though gold is found in every formation constituting the earth's crust, though it is possible to-find it free in great concentrated placer deposits on the surface, though there are still large unprospected areas of both the surface and the crust, though it may be possible to produce it by the cheapest labor on earth, and by processes not as yet developed, it still has an unlimited market at a definite price. There is no reasonable fear of disturbance by the finding of bountiful deposits, or by cheapening the cost of production due to devaluation, or by the development of any easy processes for direct, or for by product, production.

Jan 1, 1932

By H. C. Cooke

THE gold mining industry, in Canada as in other countries, has passed through trying times in the past year. The strains and stresses of war have drawn away much of its man-power, both from the labour and the management. The urgent needs of the war machine have greatly curtailed the amounts of steel and explosives that can be allotted to the mines; and the loss, by enemy action, of supplies of such essential things as rubber, bids fair to reduce operations still further, if not cripple them entirely in time. And, as if these difficulties were not enough, war on the psychological front has been declared on the gold mines. Earnest supporters of the war effort, well-meaning theorists, and perhaps others whose intent is less disinterested, have all combined to clamour against the continuance of gold mining. We have been asked, what is the use of taking gold out of one hole in Canada to put it into another in Kentucky. We have been assured that gold will never again have any value, except for filling teeth. We have been repeatedly adjured to look at Germany, how well it has got along without gold. We have been told that it is unthinkable, when this nation is girding her loins for war, that labour and materials should be diverted to this useless effort. Gold miners should be diverted to the base-metal mines, where they can produce something of real value to the war effort; or to war factories; or, in fact, almost anywhere, so long as they are got out of the gold mines. And, what has made the situation even more disturbing, it has seemed as if all this clamour might be convincing governments. In fact, as you all know, the government of the United States did actually take the step of ordering its gold mines to cease operations. Fortunately, however, for Canada, the facts that no large favourable effects resulted from that action, and that, in Canada, gold mining is a much larger part of the national economy than in the United States, have caused our government, so far at least, to avoid this drastic step. In talking about this, however, let me emphasize that I have no more inside information on the subject than any of you. Like Will Rogers, all I know is what I see in the papers.

Jan 1, 1943