Search Documents

By N. W. D. Davis

"As I have recently carried out some further research on the Navan lead-zinc deposit data while working in Michel David's research team, I should like to add a few comments on the paper- ""Universal Kriging for Ore-Reserve Estimation- Conceptual Background and Application to the Navan Deposit"", by M. Dagbert and M. David (CIM Bulletin, pp. 80-92, February 1976). The first comment is that since this research has been carried out, important new theoretical advances have been made which make for an easier application of geostatistics to the non-stationary case (see Matheron0l). This is the theory of intrinsic random functions of order k. With the aid of this theory, it has been possible to write computer programs which can carry out automatically universal kriging, although so far such applications have been largely confined to automatic contouring and not to mining problems. However, if approached with care there is no reason why these methods should not be applied to mining problems and, in this case, an automatic study has been done on this data."

Jan 1, 1976

By M. Sider, D. L. Piron

"The cost of energy is a growing factor in the cost of zinc production. Electrowinning from sulphate solutions with periodical reverse current or from acidic chloride or alkaline solutions could be the way to lower costs. A comparison of the energy consumption for electrolysis shows that the alkaline solution may be considered the most promising alternative. IntroductionZinc electrowinning from sulphate solutions is a very energy intensive process (typical specific energy usage : around 3.1 kWh / kg zinc). This energy consumption represents 35% of the total cost of electrolysis and is the most important cost component.In order to lower costs, the energy efficiency of the sulphate process should be improved or alternative processes should be developed. In this laboratory, that objective has resulted in research on electro winning in sulphate solutions with the use of periodical reverse current (PRC) and in acidic chloride and alkaline solutions.Some of the results obtained in this laboratory and already published and new experimental results reported in this paper make it possible to present a more critical comparison of the energy consumption of the three processes mentioned.ExperimentalThe experiments at constant current were carried out as described previously. Specific conditions are indicated in Table I. Current efficiencies were obtained by weighing deposits.ResultsThe best energy consumptions for electrolysis obtained in this laboratory for the three media are presented in Table I. More detailed results can be found in the papers already mentioned."

Jan 1, 1988

By Donald Leroux, Robert Grant

"Flotation is a complex and highly multivariate process. Using the conventional OFf (one-factor-at-a-time) technique, the optimization of flotation circuits through laboratory or plant testwork is difficult, time-consuming and therefore, expensive and often results in marginal improvements. The optimal operating conditions can be more efficiently estimated when a systematic approach like SDE (Statistical Design of Experiments) is taken.The concentrator of Noranda's Brunswick Mining Division (near Bathurst, New-Brunswick) is well known for the complexity of its differential copper-lead-zinc flotation circuits. One of them, the chalcopyrite-galena separation (or CuSep) circuit, is impacted by more than 20 variables.Statistical Design of Experiments (SDE) techniques were applied at the laboratory scale to improve the performance of Brunswick's CuSep circuit. Screening tests were conducted using Fractional Factorial designs while optimization tests were carried out based on Response Surface Modelling techniques like the Central Composite design. Every series of tests, without exception, revealed new information and process insights which led to significant circuit performance improvements in the plant So far, the metallurgical gain may be as high as four percentage points of copper recovery (in the CuSep circuit). Potential cost savings of expensive consumables (steam, activated carbon) have also been identified but will require additional circuit modifications before being realized.IntroductionIn spite of its apparent simplicity, flotation is a complex three-phase (solid, liquid and gas) separation process. Fundamentally, it is a highly multivariate process. Industrial flotation circuits are commonly affected by 10 or more process variables."

Jan 1, 1997

By Robin E. Goad

?Located 160 Km northwest of Yellowknife, NWT, Canada Current winter road access ?New all-weather road planned ?Power within 22 km ?Hwy to Edmonton 80 km south Close to existing infrastructure

May 1, 2006

By Jaime V. Ongpin

"The author will give a capsule history of Benguet Corporation and attempt to identify its operating environment and underlying ""strategy"" until 1974, when the company's management assumed office. The company's operating environment and ""interim strategy"" from 1975 to 1980 will be described. The discussion will cover an environmental forecast and define the company's"" strategy for survival"" for the balance of this century.IntroductionIn December last year, I was asked to deliver a pa per for the management lecture series a t the Asian Institute of Management in Manila. The paper was entitled "" The 1970's: A Decade of Disaster For New Mining Projects"" . In that paper, it was my task to review the results of new mining projects in the Philippines during the previous decade. The task was not a happy one, for the results themselves were not only unhappy, but disastrous on a scale unprecedented in Philippine history. Out of a total of 17 major mining project s involving an aggregate capital investment in excess o f US $2 billion during the 1970s, only three project s have been profitable, and all the rest have either gone "" belly up"" or are teetering on the very edge of financial disaster.It is in the context of this shocking record of widespread financial dislocation in the Philippine mining industry, (which in varying degrees appears to have been paralleled in virtually every other country in the world where mining is an important sector of the economy) that I address myself tonight to the theme of this symposium. My paper is entitled ""Risk Management Strategy in Mining"" and it is sub titled ""Can Benguet Corporation Survive to Celebrate its Centennial in 2003?"". I have inserted the word ""Strategy"" and added the subtitle, because I wish to make it clear first, that my presentation to you tonight will be focused exclusively on the strategic aspect s of risk management, and second that I will limit myself to Benguet's own ""in-house"" experience and perspectives on this subject. I would caution you therefore, to consider my views within this restricted framework, and in light of the particular and sometimes peculiar circumstances within which Benguet Corporation operates."

Jan 1, 1983

By Mitchell Gordon

"In almost all thickener applications the highest possible solid/liquid separation efficiency is what is desired by the user. There is a trend in the industry due to monetary restraints and environmental pressures to look at ways to extract this maximum performance by either retrofitting existing thickeners or installing the most cost effective new thickener. This paper looks at some of the common problem areas and presents a range of solutions developed by Outokumpu Mintec in North America and outokumpu's subsidiary Supaflo Technologies Pty. Ltd.The Emerging PictureAfter many hours of discussions with a large number of plant personnel over the last two years a picture began to emerge regarding current thickening operations in the industry. Initially, it seemed that everybody had their own unique process problems and therefore needed a correspondingly unique solution. Looking more closely at all the cases and the ideas that we had either implemented or suggested, it gradually became apparent that the majority of operators all had one and the same process need ....""Better Separation Efficiency""The range of operational problems that were uncovered in the survey were much more varied than expected and often were not even considered initially to be thickener problems. Often, it was only after the rejection of many solutions to the problem, generally due to capital cost, that the actual cause of the problem was looked at and found to be a thick-ener.A summary of the problems that have so far been identified is presented in Table 1. They are subdivided under three major categories of environmental, process and paste fill to highlight the wide range of mining activities that can be affected by poor thickener performance. These seem to be the major areas where the need for better separation efficiency is rooted."

Jan 1, 1995

By K. Sinding, R. Poulin

"Recent land-use decisions in British Colwnbia, and the publication of a report on compensation for expropriations of resource interests, have highlighted the nature of land use policies. Landuse decisions, such as the creation of large new parks, raise three principal issues which have implications for how land-use policy is conducted and how it impacts on the mining industry. The first is the identity of the parties advocating different land-use policies and their motives for doing so, the second is the changing nature of benefits derived from land, and the third is the change of property-rights regime which is devised to accommodate the (changing) benefits from using land and natural resources, as well as the interests of the different parties involved.Involved Parties and BenefitsThe process of establishing or modifying property rights depends on the interest groups involved. Three distinct categories, each with distinct incentives which can influence the process, must be distinguished: private claimants, politicians and bureaucrats (Libecap, 1989).The first groups claim rents and management powers through asset ownership. They may be incumbent owners seeking enforcement of the status quo, new claimants seeking redistribution of assets, or third parties who depend on the distribution of assets (e.g. lenders, labour suppliers and contractors). Some infonnal property arrangements can be negotiated within the group whereas others requires action in the political arena through lobbying politicians for (re)allocation of property rights and influencing bureaucrats for favourable administrative decisions. The second category is politicians, who direct the powers of the state to change or enforce property rights. Both incwnbents and office-seekers fall in this category and their actions and opinions are shaped by their constituencies and financial backers. However, not all causes can be championed and trade-offs have to be made, resulting in decisions that maximize political benefits. The third category of parties in the process is the bureaucrats. The power to manage has been delegated by politicians but bureaucrats also have opportunities and incentives to further their own interests. These can include maintaining or expanding jurisdictional turf or increasing operating budgets (Libecap, 1989)"

Jan 1, 1994

By F. Hosseini

Shaping of metals by thixoforming relies on the unusual flow behavior of semisolid slurries containing nondendritic solid phase. The Flow behavior of metallic alloys containing both solid and liquid phases is investigated in the low solid fraction range (, 55%). This behavior depends on both the solid fraction and the shear rate. Four different shear rates is applied using back extrusion technique and flow stress versus true strain in different solid fraction is compared. It is well accepted that the flow stress s of alloys in their semi-solid state obeys to a thixotropic behavior, due to agglomeration and dissagglomeration phenomena during forming. The load-displacement curves produced from the tests may show an initial peak, believed to originate from a skeletal structure which rapidly breaks down under shear. Apparent viscosity obtained from this method is compared with other works and the proper power law of pseudo plastic state is introduced.

Oct 1, 2011

By W. T. Gotheridge

The principal sources of coal-dust underground are, of course, coal, and the working of coal. Coal-dust is most dangerous when it is in the finest state of division. This class of dust is found mostly on the roads, being blown or shaken off the loaded trams in transit, or carried in suspension by air currents. The air current passing from the working faces may also carry dust in suspension into the return airway, and the air current from the surface may carry dust from the shakerscreens into the intake airways. The mosl dangerous dust we have to contend with is, (a) that which is most finely divided, and (b) that which contains the most volatile matter, including the inflammable occluded gases, and also oxygen absorbed from the air. According to experiments, coal-dust in a fine and dry state would intensify an explosion, in air free from fire-damp carrying in excess of 3 ozs. of fine dust or 6 ozs. of coarse dust per cubic yard. The volatile matter in the dust must be between 12 and 31 per cent. in the ash-free coal, the latter percentage giving the highest flame velocity. It is vary difficult to propagate flame where coal-dust contains a large percentage of stone-dust, (say 50 per cent.). Shale-dust or other incombustible dust containing no volatile hydro-carbons or carbonaceous matter will prevent the extension of an explosion if mixed with coal-dust in proportion of say 70 per cent., and if the dust is finely divided and dry.

Jan 1, 1924

By Asanga S. Nanayakkara

The surface deformations induced by reservoir dilations can be measured using tiltmeters and these measurements can be used to infer reservoir level volume changes by solving an inverse problem. Preferred approach to solve such an inverse problem is to consider more tiltmeter measurements than the number of unknown variables considered in the inverse problem. However, sufficient number of measurement points is not always available due to economical and practical issues. This paper proposes a new approach to circumvent this problem. The new approach entails generation of pseudo surface deformation data by curve fitting tiltmeter measurements using a mathematical function, which delineates three-dimensional characteristics of surface deformation profiles. Then a three-dimensional inverse problem is solved using pseudo surface deformation data. This method is useful in inferring reservoir volume changes with high areal resolution when the number of available measurements is not sufficient to acquire the desired areal resolution.

Jun 1, 2012

By Carl Faessler

Abstract Some Canadian geologists believe chat, in the Grenville sub-province of Eastern Canada, there is no granitic intrusion older than the anorthosite. The writers are among those who hold the contrary view. They suggest a new means to distinguish between rocks belonging to intrusions respectively older (Laurentian) or younger (Pine Hill) than the anorthosite. This new method is based on microscopical observations which demonstrate that the Pine Hill intrusives contain a large amount of exsolution perthite, whereas the Laurentian intrusives are completely devoid of exsolution perthite. Where perthite is present in Laurentian rocks, it is the result of lacer hydrothermal replacement. Introduction The present paper is the result of a systematic study of some acidic intrusive rocks in the Grenville sub-province. These rocks underlie large areas of the Canadian shield in the Province of Quebec, mostly along the southern border of the shield.

Jan 1, 1946

By Jaana Romppanen, Satu Jyrkönen, Tiina Ranki, Peter Björklund, Markku Lahtinen, Kaj Eklund, Päivi Suikkanen

Outotec is continuously developing our existing process equipment and new equipment solutions to enhance the Flash Smelting process. Thanks to the long operating history of the Outotec Flash Smelting process feedback from the numerous operating references are available and is utilized. The general goals for development work are to improve equipment performance, thus realizing savings in Smelter plant operation costs by increasing the process efficiency and online availability. Digitalization also opens new possibilities for the feeding equipment and furnace operation monitoring. These solutions will improve the safety and performance of the smelter, and provide process and equipment related information which has not been available earlier. INTRODUCTION The year 2019 marks the 70th anniversary of Flash Smelting. The technology was operated on industrial scale for the first time at the Outokumpu Harjavalta copper smelter in Finland in 1949. The Flash Smelting technology, is now owned and developed by Outotec Oyj and the first plant, is now owned by Boliden Harjavalta Oy. The two companies have been evolving throughout history by optimizing the process for various feeds and raw-materials, as well as through developing the equipment and operating practices. Even though sustainability was not a hot theme/topic during the first days of Flash Smelting, it has nevertheless been the key principle in guiding the development. This is well proven by the wide adoption of Flash Smelting for the processing of copper and nickel concentrates, mostly due to its ability to fulfil the economic and resource efficiency criteria demanded by its operators. Along with the process technology development, also development of the equipment has taken place over time. Outotec is continuously working on developing our equipment to better suit the changing need of our customers in the continuously changing operational environment. Orebodies are getting more challenging with lower ore grades and more impurities. Achieving high recoveries for all valuable elements becomes more difficult with high slag quantities and with the need to tackle the high impurity concentrations. There is a need for higher capacities in greenfield and brownfield smelters. The role of the Loss-in-Weight Feeder, the Air Slide and Concentrate Burner is to ensure even feed into the reaction shaft of the Flash Smelting Furnace, and to enable controlling the process well, thereby enabling the best performance for the customers smelter. The design of the Flash Smelting Furnace aims for high availability, long campaign and safe operation.

Jan 1, 2019

By G. J. Desroches, E. Ozberk, M. J. Collins, B. D. Krysa, I. M. Masters

The zinc refinery of Hudson Bay Mining and Smelting Co., Ltd. went through a major modernization in 1993, when the roaster and the calcine and fume leach circuits were replaced by a new Sherritt zinc pressure leach plant. The HBMS plant, in Flin Ron, Manitoba, represents the first commercial application of the Sherritt two-stage zinc pressure leach process, with /00% of the zinc concentrate feed processed in autoclaves. The process design of the new plant required definition of the deportments of elements such as antimony, arsenic, chlorine, cobalt, fluorine, germanium, magnesium, manganese, selenium, tellurium and thallium. This paper describes the deportment of these elements in the commercial zinc plant during the first nine months of pressure leach operation, and compares these results with operations prior to the introduction of pressure leaching, and with the results of tests carried out in the She"itt laboratory during the process development phase.

Jan 1, 1995

By K. Thuro, S. Schneider, H. Kasling, P. Ellecosta

"One of the most important methods for material testing is the characterization of the hardness, which is defined as the resistance of a material to the penetration of another one. The methods according to Brinell, Vickers, Rockwell and Knoop are today the most common and standardized tests for metal. As they are developed for predominantly ductile materials like steel, they can’t easily be applied to rocks which react much more brittle under indentation. But just as steel, rock is composed of different minerals and has a specific microstructure. Its mechanical parameters are connected with the particular grains, their cohesion and interlocking, just like steel.The abrasivity of rocks and the accompanied wear of drilling tools today are mainly determined by simple and fast laboratory tests such as the Cerchar abrasivity test or the rubber wheel test. Such laboratory tests are good tribological tests, but there are limits. The Cerchar abrasivity test for example has weaknesses in extreme cases, that mean soft or very hard rock types. This leads to an underestimation of abrasivity, e.g. in poorly lithified sandstones or very hard, fine grained and extremely abrasive rocks. As mentioned, hardness characterizes, depending on the type of deformation, predominantly plastic (metal) or elastic properties (rubber). Rocks are in the range between these two extremes. Since the rock drilling process can be seen as a kind of penetration process on macroscopic and microscopic scales, we picked up the idea to characterize the interaction of rock materials and TBM-disc-cutters with hardness tests. In addition, this supports for a better understanding of the wear process on disc cutters. We used the hardnessdisparity concept after Cardu & Giraudi (2012) because wear can be understood as the interaction between the wear part and the material which causes the wear (tribological system). Several rock-forming minerals and some fine to coarse-grained monomineralic and polymineralic rocks were tested. In contrast to Cardu & Giraudi, we used in the first step of investigations the method after Vickers with loads up to 294.2 N (HV 30), depending on the estimated hardness to get bigger indentations and therefore as well information about the cohesion and interlocking of the minerals/grains. We also tested several associated disc cutters. First results show that with higher loads (HV 5 - 30) and at least 15 indentations, we get a structural hardness in fine-grained rock samples, which allows a good characterization of the elasticity and brittleness. Nevertheless, for the coarse-grained rock samples we need up to 40 indentations for a good characterization. Using this method, a prediction of disc cutter wear is feasible taking into account the hardness of the disc cutter steel. In this paper, we would like to present this approved method in material sciences to derive an additional parameter for the characterization of rock abrasivity and wear."

Jan 1, 2015

By R. Bonnar, R. J. McH. Clark

"The Cheminis gold mineralization zone is approximately 6.5 km west of the Kerr Addison Mine along the Larder Lake Shear Zone, in the southern part of the Abitibi Greenstone Belt. The zone is very similar in appearance to the flow ore at the Kerr Addison Mine and occurs at the same stratigraphic position. Drilling has demonstrated that the gold mineralization at Cheminis persists to a depth of over 3000 ft .The mineralization is hosted by a pyritic, tuffaceous sediment which occurs within a sequence of volcanics and sediments which have been pervasively carbonatized. The gold is largely enclosed within pyrite grains and the amount of gold in the layers of pyrite increases in the layers closest to a graphitic f ault zone.It is suggested that the gold mineralization may be primarily related to the syngenetic sulphide concentrations formed during fumarolic activity on the seafloor along the Larder Lake Shear Zone. At a later stage a hydrothermal event associated with alkalic volcanism may have resulted in regional carbonatization and further concentration of the gold in the vicinity of fault zones."

Jan 1, 1987

By Peter A. Witt

Highland Valley Copper is a conventional truck-shovel mining and flotation concentrator operation located some 75 kilometres southwest of Kamloops, B.C. (Figure 1). The ore is within a porphyry deposit and is mined at a rate of 135,000 metric tonnes per day from two separate open pits. The nearby mill produces concentrates containing 375 million pounds of copper and 5 million pounds of molybdenum metal yearly. Head grades are roughly 0.40% Cu at a 0.23% Cu equivalent cut-off. The strip ratio currently sits at 0.55:1 with waste quantities made up of separate rock and unconsolidated overburden units. From the mill, concentrates are trucked to nearby Ashcroft and then hauled by rail to ocean port facilities in Vancouver. The mine employs 950 persons and is planned to operate until 2009. The operation is a partnership between three owners: TeckCominco (61.4%), BHP Billiton (33.6%), and Highmont Mining (5%). Management is shared by the two principal owners and directed by an appointed committee.

May 1, 2002

By C. W. Chao, M. Melashvili, F. Hilário

The processing of a bulk concentrate containing copper as chalcocite, enargite, bornite and chalcopyrite along with pyrite and precious metals of silver and gold was studied. A leaching study was undertaken to examine the application of the atmospheric acid leaching process to a bulk copper concentrate for copper recovery followed by cyanidation or thiosulfate leaching for gold and silver recovery. The extraction of copper exceeded 90% under some conditions and the recovery of gold and silver reached a maximum of 44 and 45%, respectively. A sample of bulk concentrate was roasted in air to oxidize the sulfides with release of sulfur dioxide followed by acid leaching of the roaster calcine and cyanidation of the acid leach solution. The copper extraction reached over 92% and the gold extraction exceeded 88%. The sulfur dioxide may be captured for acid production. INTRODUCTION The processing of a large primary copper deposit in Indonesia is under investigation. One of the possible routes for processing involves flotation of a bulk copper-gold concentrate followed by treatment by an atmospheric leach/SX-EW process for copper recovery. The atmospheric leach residue would then be leached for recovery of gold and silver. A second route involves roasting of the concentrate followed by acid leaching and SX-EW for copper recovery. The leach residue from the roaster calcine would then be leached for recovery of gold and silver. The roaster off-gases could be used for sulfuric acid manufacture, enabling the production of a valuable by-product. The Cobre Las Cruces (CLC) process (Munoz, Garcia, & Delgado, 2017) was designed to treat a resource of copper discovered close to Seville, Spain. The process was developed by Outotec with MK Gold (original project owner). INMET Mining subsequently purchased the deposit from MK Gold and built the copper processing facility. The CLC process is similar to the Mt. Gordon Copper process; except that OKTOP reactors have been installed instead of a low temperature, low pressure autoclave process. The plant was designed to treat 1.3 mtpa of ore at a grade of 6.2% Cu to produce 72,000 tpa of cathode copper over a 15 year project life. The main gangue mineral at Cobre Las Cruces was pyrite. The Cobre Las Cruces ore is therefore similar to a rougher flotation concentrate containing copper minerals and pyrite. The roasting of a rougher flotation concentrate can be designed to produce hematite, basic copper oxides and sulfur dioxide off gas. The acid leaching of the basic copper oxides may produce soluble copper for SX-EW recovery of copper. The sulfur dioxide off-gas may be used to make sulfuric acid.

Jan 1, 2019

By K. Chomyn, R. Veenstra, P. Zangeneh, Hatch Ltd., C. Van der Woude, H. Ghorbani

"The furnace is the heart of smelting operations, and therefore the performance, reliability, and campaign life of the furnace are critical considerations. Furnace refractory is exposed to high temperatures and other harsh operating conditions causing brick erosion, crushing, and cracking, typically limiting the furnace campaign life and requiring costly furnace shut-downs for refractory re-lining. Despite extensive study, the in-service thermal / mechanical stresses in these complex refractory systems are not generally well understood. Hatch has developed a thermal-mechanical finite element analysis (FEA) based furnace refractory modeling approach that allows for the quantification of refractory movements, load distribution, and thermal / mechanical stresses.Due to the complexity of the refractory system, a range of models are used to identify and assess damage mechanisms and design improvements, including: 2D models, to capture expansion and movement of individual bricks, changes to load paths, and thermal stresses; and 3D models, to include the effect of differential expansion between bricks in each course, and assess overall load distributions. The 2D and 3D analyses include the effect of nonlinear temperature-dependent properties, thermal expansion, movement of individual bricks with frictional contacts (i.e., gaps can open, bricks can slide), and brick tensile or compressive failure. Both as-built and damaged conditions can be investigated (e.g., after bath zone brick erosion), for circular and rectangular furnaces. 3D models also include papering and brick joint & interface action.Analyses using these models have shown the importance of thermal stresses, papering, and geometry / arrangement of individual bricks. Results have been used to identify and assess damage mechanisms, showing good alignment with furnace autopsy observations. By using this FEA-based approach to quantify the refractory design, the risk of damage can be significantly reduced, low-cost design changes can be identified, and the furnace campaign life can be extended.INTRODUCTIONThe furnace is the heart of smelting operations and therefore the performance, reliability, and campaign life of the furnace are critical to the success of the smelting operation. Furnaces are inherently exposed to high temperatures, often in excess of 1600°C (Holappa, 2004), and furnace operating power has progressively increased over time (Voermann, Gerritsen, Candy, Stober, & Matyas, 2004). The refractory system must withstand high temperature, high heat flux, and other harsh operating conditions. These conditions are particularly significant for the furnace hearth, and can lead to damage including brick erosion due to molten material flows, crushing due to thermal expansion loads, and cracking due to severe thermal gradients within the bricks. Refractory damage typically limits the furnace campaign life, requiring costly furnace shut-downs for refractory re-lining (repair or replacement). In some cases the refractory may lose integrity causing damage to nearby equipment and harm to personnel."

Jan 1, 2016

By K. Adham

Iron chloride pyrohydrolysis (ICP) is used as an efficient way to fix iron as an oxide, for sale as a by-product or for safe disposal. Iron chloride is reacted with water at elevated temperatures to yield iron oxide and hydrogen chloride. Both the steel industry and synthetic rutile producers make extensive use of ICP. Two technologies are available for ICP: fluidized bed (FB) and spray roaster (SR). Both technologies are energy intensive. Here, fluid beds and spray roasters are compared with respect to their fuel and electrical energy consumptions. Roaster size and oxide product characteristics are also considered. Process models are prepared, using the METSIM® software, and specific energy consumptions are compared. The results will help the industry decide which technology best suits its goals and at what energy cost.

Jan 1, 2006

By Peter A. Witt

Highland Valley Copper is a conventional truck-shovel mining and flotation concentrator operation located some 75 kilometres southwest of Kamloops, B.C. (Figure 1). The ore is located within a porphyry copper deposit and is mined at a rate of 135,000 metric tonnes per day from two separate open pits. The nearby mill produces concentrates containing 375 million pounds of copper and 5 million pounds of molybdenum metal yearly. In the Valley pit, head grades are roughly 0.40% Cu at a 0.23% Cu equivalent cut-off. The Valley pit strip ratio currently sits at 0.55:1 with waste quantities made up of separate rock and unconsolidated overburden units. From the mill, concentrates are trucked to nearby Ashcroft and then hauled by rail to ocean port facilities in Vancouver. The mine employs 950 persons and is planned to operate until 2009. The operation is a partnership between TeckCominco with a 63.9% interest, BHP Billiton holding 33.6%, and others 2.5%. Management is shared by the two principal owners and directed by a management committee.

May 1, 2003