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By D. V. Ziehlke, J. M. Franklin, T. M. Gordon, A. G. Galley

The Snow Lake-Wekusko Lake region of northern Manitoba conta ins numerous lode gold occurrences, including the largest gold deposit in the Churchill Prov ince, the Nor Acme mine. The Aphebian volcanic and sedimentary rocks of this region are comprised of submarine volcanic strata, overlain by turbidites, both of the Amisk Group, and fluvi atile sedimenta ry strata and bimodally composed subaerial volcanic rocks of the overlying Missi Group. Gold occurs as: 1) accessory gold in volcanogenic massive sulphide deposits, 2) lode gold in shear zones related to sy n- to post-FI thrust fa ults, and 3) lode-gold associated with post-F2 fault . An alteration a emblage of biotite, al bite and calc ite is associated with both groups of lode-gold deposits, and has been superimposed on the regionall y-developed metamorphic assemblages. AJthough these deposi ts are spatial ly related to britt le-ductile faul ts of different initial ages, they appear to have all fo rmed after the major period of reg ional fo lding and metamorphism, and thus may be penecontemporaneous. The alteration is different from the sericite-ankerite-quartz assemblage that is typically associated with gold deposits in Superio r Prov ince. Deposits in thi s area of Churchill Prov ince may have formed either at a higher temperature or a deeper structu ra l level than tho e in Superior Prov ince.

Jan 1, 1986

By Stephen C. Everett

Why? This is the first question that everyone asks. Why did Renison give away such a valuable asset? What is the problem with Mt Lyell? No doubt this question was asked of Denehurst regarding Woodlawn, MPI at Stawell, Golden Shamrock at Cobar, Western Metals at Cadjebut and Poseidon with the Big Pit. Whilst it is not possible to second guess the rationale behind Renison's strategic withdrawal from an operation that they considered to be uneconomic, the Renison/Mt Lyell deal has certain specific perspectives:

Jan 1, 1995

By R. P. Foster, ed.

The short selection of papers in the special issue provides an insight into the level of exploration activity in Africa and the science and technology that are underpinning it. A country-by-country survey is followed by discussion of geochemical exploration in tropical soils, the Liptako region of Niger, structural styles of deposits in Zimbabwe's Bulawayo-Bubi greenstone belt, structural controls in Zimbabwe's Eldorado shear zone, the regional framework for deposits in the Odzi-Mutare-Manica greenstone belt of Zimbabwe and Mozambique, and the Iperindo deposit in Nigeria's Ilesha schist belt

Apr 1, 1996

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 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 Timothy 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, such asset management makes sense because it ultimately provides for an increase in shareholder wealth, and that is why we are in business. 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 chief executive officer 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? The gold industry has been under siege. We have just completed the third year with average prices below $12.85/ g ($400/oz). When finding, and/or acquisition costs and development costs to operating costs are added, 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 do not become extinct. As prices remain low, opportunities abound for increasing diminishing reserves. This is the time for the opportunistic company to take advantage of market conditions and that is precisely what Amax Gold has done. There are six components to running a successful gold business: • finding reserves through exploration, acquisition or joint venture, • financing the project, • permitting and constructing the project, • operating the project, • cash management and • communication.

Jan 1, 1992

By Edwin Higgins

SINCE the "Days of Forty-nine" California has been the premier gold producing state of the union. The greatest production was recorded in 1.852, during which year the state's placer and lode deposits yielded over 81 millions. This peak was followed by a steady decline to about 12 millions during the years 1888 to 189.3, a period marked by the cessation of gravel mining. After 1893, production increased to a new peak of over 22 million in 1915, thereafter decreasing steadily to something over 13 million in 1923. Today; California's gold production shows a decrease of 84 per cent. as compared with the output of 1852, and a decrease of 41 per cent, as compared with 1915. It is not a difficult matter to find the causes of this more recent decline. In 1916 there began an upward swing in the cost of labor, which represents approximately 60 per cent. of the cost of mining, and in the price of supplies, representing the remaining, 40 per cent. This rise continued until 1922 and since that year there has been no decided tendency either upward or downward. The increase in the cost of mining since 1916 is variously estimated at from 50 to 75 per cent.; the price of gold has remained fixed at $20.67 per oz. This condition resulted in wiping out the profits of the low-grade operations which, in recent years, have constituted California's main source of supply of gold ore. It is now predicted that there will be renewed activity in California- gold mining. What are chances for the materialization of this forecast? A boom or even a revival of gold mining must of necessity be brought about or accompanied by one or more of the following factors: 1. A decrease in the cost of mining. 2. An increase in the price of gold. 3. New capital for development. 4. The discovery of new deposits. 5. The revival of hydraulic mining.

Jan 1, 1925

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

ABSTRACT In-situ monitoring of gold dissolution by means of a rotating electrochemical quartzcrystal microbalance unveiled dramatic decreases in gold leaching from sulphide-rich ore after 360 minutes in an actual cyanidation circuit. Pre-oxidation was effective in enhancing gold extraction by preventing a passive film from forming on gold surfaces. This work aims to highlight efforts undertaken to determine (1) how gold cyanidation is limited by passivation, (2) what reactions and mechanisms are involved during sulphide-rich ore cyanidation, and (3) how peroxidation efficiency of an industrial sulphide ore is controlled by galvanic associations between its sulphide constituents.

Jan 1, 2013

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 E. J. Wade

My subject is gold price forecasting and monitoring as an important aspect of gold marketing. While I 'm specifically addressing gold, it is understandable that many other commodities could be readily substituted. Gold marketing must be studied as three distinct processes, and it is my intention to cover each of these processes in turn. First I?ll cover the process of gold price monitoring and forecasting in some detail. In order to select a method, or combination of methods, to be used to sell gold a determination of the future price profile is essential. The profitability of the sales effort will be determined, to a large extent, by how accurately the future price behavior of the gold market has been forecast.

Jan 1, 1985

The final criterion of the payability of gold production must necessarily be the cost per ounce. While the cost per ton or per cubic yard is a convenient comparative measure, and a necessary one for operating control, it is obviously insufficient as a means of judging whether or not, in a given set of circumstances, a gold production operation can be carried out economically.. An alternative method, which brings in the ton or cubic yard as a unit of measurement, is to determine what the cost per ton or per cubic yard is equivalent to, in terms of pennyweights or grains at the ruling price of gold. But this is really only another way of stating that the cost per unit of product is the ultimate measure of profit or loss, and not the cost per unit of input material.It is accordingly of interest to determine the cost per ounce of Australian gold production and to compare it with the cost of gold production in some other parts of the world which are important gold producers. The attached Appendix, which it, is believed comprises practically all Australian mines of any consequence (except Big Bell and the de Bernales group, for which. insufficient information is available), shows this information for financial years ending between 31st December, 1938, and 31st December, 1939, the production of gold dealt with being some 1,084,000 oz., or 66% of the total Australian production for 1939. For comparative purposes the cost of producing gold at representative mines in New Guinea, New Zealand, Fiji, Canada, India, West Africa and Rhodesia, and the average cost of production at the Rand mines, has also been included.It is obviously necessary in a study of this sort that the basis of the cost should be clearly set out and should be as nearly as possible uniform. The "cost" as calculated herein comprises the following items:

Jan 1, 1940

By James R. Arnold

Gold Fields Mining Corporation started processing ore from it's Chimney Creek operation in northern Nevada in November, 1987. Since that time production has averaged about 200,000 ounces per year from the milling and dump leaching circuits combined. The events that led up to commissioning of the plant started in January of 1985 when the Gold Fields exploration team drilled their first hole in an area now known as Discovery Hill. The major orebody was located later in the year in what is currently the major focus of activity, the North Pit. Subsequent drilling since plant startup has found another 14 million tons of ore two miles south of the original orebody. This South Pit orebody is currently being stripped and metallurgical testing is underway. Engineering Engineering on the Chimney Creek plant started in earnest in May, 1986. Davy McKee Corporation from San Ramon, California, did both the engineering and the construction management. Before engineering began the entire senior staff of the Plant Department was hired and assigned to the project. Senior staff included the Plant Superintendent, Plant General Foreman, Maintenance General Foreman and Chief Metallurgist. Gold Fields does not employ an internal central engineering staff to design their plants. We feel that the people who design the plant should be the ones who will be required to run it once it has been commissioned. This philosophy affords a continuous accountability from start of design through commissioning and operations. All four of the senior staff spent the most critical phase of the engineering stage at Davy McKee, so the plant is truly a reflection of all four disciplines. In bringing on the Maintenance General Foreman from the start, there was a focus placed on ease of maintaining the plant. Another philosophy that was adopted from the start was that the plant be easy to work in and maintain for both operators and maintenance personnel. Numerous design criteria were given to Davy McKee to ensure this. For example, we required that every piece of equipment could be reached easily with a crane or fork lift. All conveyors were required to have walkways on both sides for ease of maintenance and a minimum of 30 inches of clearance under them for ease of cleanup. Visibility for operators was considered very important and the control rooms and general plant layout were designed with this in mind. A list of about 100 general rules were given to Davy McKee during the early layout meetings and these were held as the general design criteria throughout engineering and construction. While engineering was progressing in San Ramon, California, dump leach test work was being done at the site. Three 6 foot diameter fiberglass columns were constructed and filled to a 20 foot height with low grade ore. Leaching characteristics were determined and the dump leach design was based on information collected from these columns. Construction The major contractors on the project were The Industrial Company for the bulk of the piping and structural, EMKO on the electrical/ instrumentation and Hunewill for most of the earth work and leach pad construction. All plant operating and maintenance personnel were employed eight weeks before startup for intensive training. Instructors were Gold Fields personnel, including foremen, and Davy McKee engineers. On occasion, selected suppliers representatives were brought in to discuss major pieces of equipment. Project completion was targeted for January, 1988 at a projected cost of 78.9 million dollars. Actual startup was about 1 1/2 months ahead of schedule and slightly under budget. Full design capacity was achieved the first full month of operation. Crushing Run of mine ore is delivered to the crusher and dumped into a 90 ton hopper which is topped with a 30" X 30" opening stationary grizzly. Ore is fed to a 50" X 60" Telsmith jaw crusher with a 5' wide apron feeder. The closed size setting of the

Jan 1, 1989

By R. Y. Wan

Recent research efforts have shown have shown selective solvation extraction of a gold cyanide ion-pair complex from alkaline cyanide solution is possible with organic phosphorus esters. These alkyl phosphorus esters such as tributyl phosphate (TBP) and di-n-butyl n-butyl phosphonate (DBBP) can selectively load gold to rather high levels, even in excess of 30 gpl. However, traditional stripping techniques are not particularly effective. In this regard, gold recovery by direct electrolysis of the organic phase has been found to be an interesting possibility. Further, the rate of direct electrodeposition from the organic phase can be improved significantly by using an aqueous/organic mixture. Direct electrodeposition of sheet gold from loaded DBBP was successfully accomplished at a current density of 8x10 4 amp/cm2 and 55°C from such a two-phase mixture with the aqueous phase as the continuous phase. No appreciable degradation the DBBP was found after 5 cycles of extraction and, electrodeposition. Finally, the applicability of the process strategy for an industrial situation was demonstrated by the successful treatment of waste gold cyanide electroplating solutions.

Jan 1, 1986

By Sydney H. Ball

It is a peculiar anomaly that while the world uses the term "rich as a gold mine" as the superlative figure of speech descriptive of wealth, the shares of gold mines are not as popular investments in America as certain of them should be. One of the most able of Manhattan's bankers is a director in an investment trust with a portfolio the value of which has gone the way of other such portfolios. Luckily a couple of years ago a few hundred shares of Homestake were purchased, and since then the trust has not only received therefrom satisfactory dividends but has benefitted from a large appreciation in their value. At each directors' meeting, however, the banker in question, Cato-like, suggests the sale of these shares, gold shares being, in his opinion, too speculative to be included in the portfolio of any trust. A short time ago the financial pages of one of our great metropolitan papers featured an article listing the corporations still paying dividends at the 1929 rate. Gold-mining shares were, the article stated, excluded, although in reality every gold mine on the New York Stock Exchange paid higher dividends in 1932 than in 1929. This 'Alice in Wonderland' treatment of the gold-mining shares is admittedly a bit confusing to those of us who believe that the shares of certain gold-mining companies have a rightful place in any well diversified portfolio. It should, however, here be recorded that whereas, fifty years ago, in America, gold-mining shares were considered by the public as instruments of nefarious gambling, now shares of the better gold mines are sought by astute investors. In England for well over a generation their value as sound investments has been widely recognized.

Jan 1, 1933

By AIME AIME

EDWIN W. KEMMERER, professor of international finance at Princeton, in a speech before a banking conference at Urbana, Ill., on Nov. 26, stated that the increase in the store of gold held by the United States is not so alarming as it appears on the surface. Excerpts from his address, as reported by The New York Times, follow: "It is significant . . . that the value of gold as expressed in its purchasing power in the United States during the last half-dozen years has been higher than at any other equivalent period since our records began 140 years ago. Our so-called 59-cent dollar today buys about 25 per cent more goods at wholesale than did our old dollar in the prosperous year 1926, and an ounce of gold will now buy considerably more than twice what it did then. This present high value of gold is one reason for its recent large production.

Jan 1, 1941

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