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By J. A. Finch

For base metal sulphides, iron rejection starts in mineral processing. This review focuses on the changes in plant practice specifically to improve iron sulphide rejection by controlling contaminant ion effects and discusses selected innovations in mineral processing that can be expected to play a role in iron control. One change to control contaminant ions is size reduction (the use of stage grinding and inert stirred milling) and another is system chemistry (order of reagent addition and exploitation of the flexibility of sulphoxy species). Plant examples illustrate the successes, and indicate that there are several options available. The general innovations consider the new tools for measuring gas dispersion properties and quantifying froth characteristics from images. Examples of their application to improve concentrate quality illustrate the potential. Other innovations adapt geostatistics to model variations in ore flotation response to provide feed forward control and rigorously apply the statistical experimental methodology in plant test work. An example from one concentrator shows that significant improvements to reduce the iron content of concentrates can be achieved by applying these basic principles.

Jan 1, 2006

By M. Bozorgtabar

Metal Matrix Composites (MMC) have a ductile matrix containing ceramic particles, Due to their improved wear properties, Al?SiC composites have economical applications in many industrial uses where wear is a problem, One of the most serious difficulties in manufacturing Al-SiC composites is obtaining adequate 'wetting' of the particles by the melt. In this research work, a stir casting system was designed for the improved manufacturing Al-SiC composites, The effect of some production variables such as the addition of SiC particles to the aluminum melt on wettability, was also studied. The results showed that the manual addition of particles would not be successful in manufacturing and that a system of adding silicon carbide particles through controlled temperature, atmosphere and improved mixing was needed.

Jan 1, 2005

By M. A. Tomlinson, A. Di Feo, T. C. Cheng

"Goldcorp is evaluating the potential for economic reprocessing of historic tailings at several sites, including the Aunor A facility located in Timmins. The overall project is investigating the ability to recover value, remove sulphide minerals and alternative tailings re-deposition strategies. Desulphurization of tailings will eliminate potential acid generation while improved tailings re-deposition could reduce long-term liabilities and closure costs. Through a task-share project between CanmetMINING and Goldcorp, tailings obtained from Aunor A site have been characterized using mineral association analysis and diagnostic separation techniques. The selected tailing samples contain about 2 g/t of gold. Mineralogical analysis has identified coarse agglomerates bound with gypsum and significant free gold, confirmed by high recoveries in cyanide leach tests. However, despite no evidence of surface passivation on the minerals, conventional flotation techniques were found to be ineffective in concentrating gold or sulphides due to the high fines content and highly agglomerated particles.INTRODUCTION Aunor Mine is one of the historic mines that belongs to Porcupine Gold Mines (PGM) in Timmins, Ontario. PGM has undertaken an extensive mine closure program to remediate the legacy and closed mines with the funding supported by operating mines since 2006. Over the course of 100 years of operation in the Porcupine camp, it is estimated (Stevens et al., 2013) that about 130 million tonnes of tailings have been generated. Aunor Mine produced 2.5 million troy ounces of gold between 1940 and 1984, while processing over 7.6 million tons of ore. The original gold grade of Aunor Mine ores was about 10 g/t. With 95% gold recovery at the time, an estimate of 0.5 g/t of gold remains in the Aunor Mine tailings. Aunor Mine has two tailings impoundment areas: designated as Aunor A and Aunor B. The two sites are similar in size, about 7 hectares each. The amount of tailings in the Aunor A site alone is about 3.2 million tonnes. In 2017, bulk tailings were sampled from five designated locations in Aunor A. They were characterized using mineral association analysis and diagnostic separation techniques. The bulk tailings samples contained about 10% total sulphur, 10% iron, 2% arsenic and 2 g/t of gold. The prime objective of this collaborative work between CanmetMINING and Goldcorp is to facilitate the timely development and deployment of innovative tailings reprocessing solutions, specifically in the areas of desulphurization, and recovery of metals. This work targeted specific tailings of interest to Goldcorp which goals are to improve its environmental footprint and to reduce long-term liability. Thus, it is imperative to look for innovative reprocessing options that can overcome not only technological challenges but also achieve economic benefits to offset the costs associated with reprocessing the tailings. Moreover, the greater goal is to demonstrate and deploy tailings reprocessing solutions to solve one of the industry’s most difficult challenges for a sustainable mining industry in Canada."

Jan 1, 2019

By Ye Chen, Jianhua Chen, Xianhao Long, Qingxia Liu, Zhenghe Xu

"It is crucial to understand the mechanism of the collector interacting with the mineral surface in the presence of water molecules, which could influence the relaxation and electronic properties of sulphide mineral surface due to the proximity effect for narrow band gap of semiconductors. The adsorptions of three typical collector molecules (xanthate, dithiocarbamate and dithiophosphate) on the sulphide mineral surfaces in the absence and presence of water molecule have been simulated by density-functional theory (DFT). The calculated results show that the adsorptions of collectors on clean mineral surface in vacuum are not in agreement with the observed flotation behaviours. The presence of water molecules has a great influence on the adsorption of collectors. The analysis of density of states of the mineral surface atom suggests that the adsorption of water molecules could influence the electronic properties of mineral surface and consequently influence the adsorption between the surface and the collector molecule.INTRODUCTIONIn the separation of multi-metal sulphide ores, the selectivity of a collector is a key factor for the efficient recovery of the aimed mineral. Xanthate, dithiocarbamate (DTC) and dithiophosphate (DTP) are the most common collectors used in the flotation of sulfide minerals. Generally, xanthate exhibits powerful collecting property but lack of selectivity. While dithiophosphate and dithiocarbamate show the good selectivity in the lead and copper sulphide mineral flotation. The mechanisms of these collectors interacting with the sulphide mineral had been attracted many attentions and several mechanism based on experimental results had been reported (Chander & Fuerstenau, 1974; Fuerstenau, 1990; Raju & Forsling, 1991; Crozier, 1991; Bradshaw, Cruywagen & O’Connor, 1995; Guler, Hicyilmaz, Gokagac & Emekci, 2006). However, the micro-mechanisms of the selectivity of these three thiol collectors on different sulphide mineral surfaces are not fully understood."

Jan 1, 2016

By Robin Sheremeta

What is the goal of every organization when it comes to safety? Everyone Going Home Safe and Happy Every Day Good old days: Era of Death (accidents will happen) Era of Engineering: (Eg. hand rails, limitswitches, machine guards, etc.) Era of Legislation: procedures, laws and regulations (Eg. SWP?s, Mines Act) Era of Behaviour-Based Safety: (eg. STOP program)

May 1, 2010

By M. Noaparast, N. Nickoletopoulos, André R. Laplante

"This paper presents an application of the use of synthetic ores to study gold recovery by gravity. Three case studies are presented: the first focuses on the use of tungsten to study applications of Knelson Concentrators for upgrading gravity concentrates; the second on tungsten again, in this case to study the performance of a 86 Falcon Concentrator; and the third on lead to mimic gold's grinding behaviour.It is shown that the use of synthetic ores with metallic substitute for gold is not only expedient, but it can also lead to an increased understanding of separation and grinding mechanisms, because of the more accurate results and controlled particle shapes. The case studies highlight the problems associated with gold particle flakiness and gangue density. The grinding behaviour of malleable materials is shown to be complex, as particles can migrate to coarser size classes by flattening and cold welding, and to finer size classes by folding and actual breakage.IntroductionThe title of this contribution is not entirely misleading. Mineral processing has much to do with philosophy, rather Philosophy, as described by Georgius Agricola:""Furthermore, there are many arts and sciences of which the miner should not be ignorant. First there is Philosophy, that he may discern the origin, cause, and nature of subterranean things; for then he will be able to dig out the veins easily and advantageously, and to obtain more abundant results from his mining. ""1"

Jan 1, 1995

By R. Neumann, O. Gomes, S. Gaydardzhiev

"Phosphorus in iron ores is considered as a deleterious component to iron making reflecting in cold shortness of the produced steel. The present study investigates the phosphorus migration pattern resulting from thermal treatment of an oolitic-type iron concentrate with and without additives. To this end focused mineralogical and microscopic observations were performed. The results have shown that roasting with alkaline additive drives phosphorus outside the hematite hosting mineral, however it remains evenly distributed inside the volume of the oolites. It penetrates inside the newly formed cementing phases of Al- Na-Si-Fe-type and also fills the interstices between the crystals. Other than phosphorus, aluminum, calcium and iron tend also to migrate towards the amorphous-type cementing phase. Finally, the possibilities for P removal by means of magnetic separation and acid leaching of the roasted concentrate were evaluated. The obtained final product presents a standard iron concentrate suitable for steelmaking with its phosphorous being dropped from 0.71% to 0.05% and iron grade of a nearly 66% being reached. INTRODUCTIONSignificant proven reserves of iron ores are still not exploitable due to lack of an economically viable and efficient technology for removal of phosphorus. Among them are the oolitic iron ores with high phosphorus which are estimated to nearly 377 billion tons (Hernandez et al., 2012). Phosphorus is a deleterious component giving a cold shortness to steel and often is penalized if exceeding 0.07%. Most of the high-P iron ores are considered refractory since phosphorus is finely disseminated and is evenly met as phosphate groups inclusions inside the limonite structure. Studies on inclusion of phosphorus in artificially synthesized goethite have shown that it is adsorbed as [HPO4]2- groups bridging the adjacent iron ions (Parfit et al., 1975). The high-phos iron ore originating from Lisakovsk deposit, Kazakhstan presents a similar mineralogical issue because the quantity of P, met as solid solution, is substantially higher than the one in P-containing minerals. A potential reason for that is the ore body formation process from the slow deposition of iron-rich precipitates together with clastic erosional sediments in rivers. There is significant quartz and clays inside and around the oolites. The deposit contains about 1.7 billion tons of measured and indicated reserves at 35–41% iron and 1.1 billion tons of inferred ore have been delineated possessing nearly the same chemical composition (Golubovskaya, 2003; Kokal et al., 2003)."

Jan 1, 2016

By F. Baczek, S. S. Rocks, D. Chaiko, T. Walters

The atmospheric leaching of chalcopyrite concentrates using acidic ferric sulfate lixiviants is well known to suffer from slow leach kinetics and poor copper recoveries. A number of approaches have been proposed for improving both leach kinetics and recoveries in this system. Many of these, while effective, suffer from high CAPEX and/or OPEX. As many mine sites begin transitioning from heap leaching of copper oxides to processing of primary copper sulfides, cost-efficient leach processes that are compatible with existing SX/EW processes will be needed to maintain existing cathode production. To this end, FLSmidth is exploring process options and reactor technology for the hydrometallurgical processing of primary sulfides. One approach that appears to be highly effective at increasing copper recoveries takes advantage of the enhanced reactivity of transitory, surface-defect structures generated during particle fracture. Significant process efficiencies are gained by matching the rate of grinding to the rate of electrochemical leaching in Mechano-Chemical leach processes. The patent-pending FLSmidth® ROL process uses a Stirred Media Reactor (SMRt reactor) to achieve copper recoveries of 97+% in 6 hours or less. This approach overcomes many of the surface passivation problems that have hindered other atmospheric leach processes. New insights to leach mechanisms are presented.

Jan 1, 2015

By N. C. Carter, Wm. H. White, J. E. Harakal

"Of twenty-one ore deposits in British Columbia which are either in production or advanced stages of exploration, five have potassium-argon ages in a range of 165-205 m.y., eight are in a range of 44-55 m.y. and the remainder are either ca. 140 m.y. or ca. 100 m.y. old. Deposits of the oldest group have generally similar geological environments and radiometrically indistinguishable ages of magmatic and hydrothermal minerals. Deposits of the youngest group also have similar geological environments, with successive magmatic and hydrothermal events closely intermingled in time and place. Such deposits find no comfortable home in existing classifications of ore deposits. 1t is suggested, therefore, that those epigenetic deposits which can be shown by radiometrie and/or geologie means to be coeval with genetically related magmatism be designated as ""paramagmatic deposits."""

Jan 1, 1968

By B. I. Boyko

As part of the Ministry of the Environment's Resource Recovery Program, the Province of Ontario has constructed a $13 million "Experimental Plant for Resource Recovery" in Metropolitan Toronto. The technology and unit operations involved in the processing of municipal solid wastes at a rate of 40 tons per hour at this facility are reviewed. Shredding, air separation and classification, screening, magnetic separation and composting are some of the operations featured at this plant. Recoverable commodities expected include paper, ferrous metals, an air-classified light fraction (shredded paper and film plastic), glass and compost. Existing and potential markets for these materials are discussed.

Jan 1, 1978

By A. H. Burns

"Regenerative and recuperative burner systems require advanced combustion techniques to minimize NOx emissions. Various methods of pollutant minimization and furnace design considerations are described. Cited examples are a large high temperature furnace and a small Zinc vaporizing furnace. The concept of total carbon footprint is introduced. The application of Biomass combustion as an effective method of cost and green-house gas (GHG) reduction is discussed. Practical considerations of scale, location and process limitations are discussed. Two examples of biomass fired equipment are cited. Ideal sites have large biomass resources available locally. Processed biomass fuels will be an important substitute for fossil fuel. INTRODUCTIONIn 1992, I presented a paper entitled Combustion Strategies In The Modern Industrial Environment (1992). At that time an abundant supply of cheap fossil fuel made many of the measures I talked about difficult to justify for anything but new equipment.Since 1992 we, as a society, have demonstrated an ability to accelerate the pace of industrial and societal change. The term industrial revolution applied to this age of incessant change is completely meaningless, implying a discrete moment in historical time. What our society has built is a system capable of unfettered, continuous and accelerating technological change. With this change comes an increasing demand for energy and materials.This year is the anniversary of the Titanic disaster, a moment in time when technological certainty met the caprice of nature and gave us a brutal reminder of what can happen to us if we underestimate that power (Mowbray, 1912). In the intervening interval we have regained the technological arrogance that was lost in 1912 bringing us back to the problems of climate change and the need for sustainable industrial activities.We use advanced mathematics to describe many complex systems, sometimes with disastrous results. For example there has been a recent attempt to model the global economy as a completely deterministic system. This premise is flawed at its foundation as human nature and emotion are indeterminate constants in the equations, yielding probabilistic solutions at best. As engineers we are all familiar with stiff problems. The solution to such a problem is meaningless and we have all had the misfortune to live through and rue the effects of that miscalculation over the last few years."

Jan 1, 2012

By J. Paraszczak

High productivity of the equipment employed is one of the key factors in reducing production cost in mining. One of the best ways to achieve it is an increase in availability. In order to identify the most adverse factors affecting it, reliability and maintainability analysis ought to be done. If its results are to be conclusive, a sufficient amount of credible and consistent data is indispensable. Following the experience from field studies done in underground mines, this paper discusses the current status of failure and maintenance reporting, as well as problems encountered. It exposes the importance of adequate data collection on failures and downtime as well as it reviews the benefits of analysis based on such material. The question of benchmarking with regards to mining equipment performance is also addressed. The paper concludes with some recommendations on data collection and processing, as well as stresses the need to standardize the most important reliability/ maintenance notions throughout the mining industry and to conceive appropriate performance measures.

Jan 1, 2000

By I. Murray, N. Geoffroy

"Buried pipelines, tanks and other similar equipment are almost always present on large scale industrial sites, including in the oil and gas fields. However, as the proverb “out of sight, out of mind” suggests, it is easy to overlook proper maintenance procedures and simply assume that corrosion protection measures in place are working correctly. Unfortunately, this is not always the case, leading to significant environmental damage and loss of production. This paper describes several cases from various industries where buried equipment failed because of corrosion, sometimes with catastrophic results. It also presents various strategies, based on experience and new research, to help predict and prevent damage to underground metallic structures.INTRODUCTION Metallic underground structures are extremely common in industrial and commercial settings for numerous reasons. Burying pipes, tanks, wires and other similar equipment has numerous advantages: it provides significant protection from mechanical damage, frees up ground space that can be used for other purposes, requires little to no support structure and is generally more esthetically pleasing. However, this last benefit can also be considered the most significant disadvantage of underground equipment: becoming invisible and forgotten. While every engineer is aware of the importance of preventive maintenance, it is also human nature to somewhat forget about equipment that is hard to inspect and assume that everything is fine. This is unfortunately not always the case and failures in industrial settings can have extremely serious consequences. While economic aspects immediately come to mind (loss of production, cleanup cost, etc.), failure of underground equipment also results in an environmental and therefore public relations nightmare, especially in the oil and gas field. Leaks that would have been considered negligible in the past can now make national headlines and perfect reliability, while probably impossible to achieve, is now the goal of most companies. While environmental damage (real or perceived) is most often associated with leaks in the oil and gas industry, it can also affect the mining world. For example, the authors have worked on a project where a buried slurry pipeline had ruptured in the ground, causing a release of perfectly inert tailings. While the economic loss was low, the leak was reported in local media and caused a public relations problem."

Jan 1, 2017

By Tim C. Webb

For almost 350 years, industrial rocks and minerals have been produced, used locally and exported from New Brunswick to markets throughout the world. Up until the early 1960s, commodities like grindstone, building stone, gypsum, and limestone served as the foundation of the province's non-fuel mining industry. The importance and high level of activity surrounding industrial rock and mineral development in New Brunswick is reflected in a multimillion dollar industry generating substantial revenue and providing a valuable service to its people. New Brunswick's varied geology is reflected not only by the diversity of industrial rock and mineral resources presently under development but also in several promising exploration and potential development opportunities. The province also hosts several industrial rock and mineral processing facilities, each with established technologies ensuring high-quality products and each with sufficient flexibility to supply customized products for various specialized niche markets. With the imminent availability of natural gas to parts of the province, the prospects for additional value-added processing and re-examination of known, yet presently undeveloped deposits, appear excellent. These variables coupled with the province's advantageous geographical location, highlighting tidewater access to global markets and within one day's trucking distance to a regional market of several million people, guarantee prompt delivery of high-quality products at competitive prices.

Jan 1, 2001

In this study, we develop a detailed model of the likely future carbon footprint of primary copper supply. We develop a peak copper production model, based on a detailed copper resource data set, and combine this with a comprehensive life cycle assessment model of copper mining and milling to predict greenhouse gas emission rates and intensities of Australian and global copper production up to 2100. By establishing a quantitative prediction of both copper production and corresponding greenhouse gas emissions of Australian and global copper industry, we then analysed the emissions intensity of various energy input scenarios, such as business-as-usual, solar thermal electricity and solar thermal electricity with biodiesel. The Australian Government has an aspirational goal for long-term greenhouse gas emissions of an 80% reduction from the 2000 level by 2050. For the copper sector, this means moving from about 12.6 Mt CO2e in 2000 to a goal of some 2.52 Mt CO2e in 2050 (assuming equal emissions reductions across the economy). Based on the energy sources modelled, only the solar thermal plus biodiesel scenario was capable of achieving this goal at about 0.15 Mt CO2e, since the solar thermal alone scenario still includes normal petro-diesel as a major source of emissions. Overall, it is clear that there are abundant resources which can meet expected long-term copper demands, the critical issue is more the carbon (and environmental) footprint of different copper supplies and use rather than how much is available for mining. It is clear that the switch to renewable energy can have a profound impact on the carbon intensity of copper supply, even allowing for increased energy intensity as ore grades decline, and a complete conversion to renewable energy will position the copper sector to meet existing annual greenhouse gas emissions targets and goals.

Aug 1, 2013

By John L. Bonus

"WITHIN THE BROAD PARAMETERS implied by the title of my speech, I propose to deal more particularly this evening with a subject the many aspects of which have constituted the essential elements of one of the main thrusts undertaken by the MAC in the past two years, i.e., to create among Canadians a much greater awareness of the importance of mining and to demonstrate to them what are the many and varied benefits they derive from mining activities across their country. In other words, MINING - WHAT IT MEANS TO CANADA.I also intend to discuss some aspects of government-industry relationships.I am very conscious of the fact that I am speaking to an audience made u in large part of experts in several fields of mining and exploration activities. They will be familiar with many of the points I intend to discuss. However, without in any way suggesting that familiarity breeds contempt, might I emphasize that even in this particular forum there is justification for reiterating some of our basic philosophies and suggesting ways whereby they might be better understood and promoted.Let us first summarize the present dimensions of the Canadian mining industry."

Jan 1, 1971

By Jim Excell, Jim Rothwell, Mike Rylati

"LocationThe Ekati Diamond mine is located at Lac de Gras, Northwest Territories.Brief Description of OperationBHP Diamonds Inc. has developed Canada's first diamond mine in the Northwest Territories (NWT), Canada. BHP Diamonds Inc. is part of the BHP World Minerals Division ofBHP Minerals. The project is a joint venture between manager and operator BHP (51%) and the Blackwater Group (49%). The Blackwater Group comprises Dia Met Minerals Limited, Charles Fipke and Stewart Blusson.Production at the NWT diamonds project began in October with the mine officially opened October 14, 1998. The project is situated on an 853 000 acre claim block located in the Lac de Gras region of the NWT. It is about 300 km northeast of Yellowknife and 100 km south of the Arctic Circle. The seasonal winter ice road to the Echo Bay Lupin mine passes along the eastern margin of the project area. This allows road access each year from mid-January to mid-April. For the remainder of the year, the project is accessible only by air.HistoryIn 1980, Charles Fipke traced indicator minerals east from the Mackenzie River area. He discovered indicator minerals in the Lac de Gras area and staked mineral claims in 1989. A joint venture was formed between BHP and Dia Met in 1990, and in 1991, the first diamonds in the NWT were discovered at Point Lake by BHP and Dia Met. This initiated the largest staking rush in Canadian history. The joint venture launched an aggressive exploration program.Koala, Fox, and Leslie were identified in 1992 as potentially economic pipes.As soon as the project's potential was established, it was recognized that an enormous amount of work had to be completed in several areas before a mine could be developed, namely: technical evaluation of the resources; environmental and socio-economic evaluation to procure the necessary permits for the development; and engineering design to optimize mining and processing of the resource and to comply with specific environmental requirements."

Jan 1, 2000

By E. C. W. Perryman

BEFORE describing the methods used for fabricating uranium into various shapes and sizes it is necessary to illustrate briefly the unusual conditions under which uranium has to operate when used as a fuel element in a reactor. During reactor operation, for every fission that occurs two atoms of intensely radioactive fission products are produced together with two or three neutrons. The neutrons that are ejected possess several m.e.v. of energy and when one of them strikes an atomic nucleus, that atom acquires up to 105 e.v. of kinetic energy. This is large enough to displace the atom from its lattice position and send it shooting through the crystal, displacing other atoms out of their lattice positions. The net result is that a large number of vacancies and interstitial atoms are formed within the crystal lattice which sometimes have profound effects on the physical and mechanical properties of the material in question.

Jan 1, 1957

By C. H. Hopper

THE gold orebodies of the Matachewan Consolidated mine are of particular interest geologically because of their odd shapes, their apparent lack of connection one with another, and the fact that they occur in a number of different formations. All of the orebodies exhibit a similar fracture pattern and the areas of fracturing appear related to the local folding. However, the lack of either horizontal or vertical continuity suggests additional controls not yet discovered. The question of origin, so ably discussed by H. C. Cooke in 1919, will be reviewed in the light of the additional evidence uncovered since his examination of surface trenches twenty-four years ago. The Matachewan Consolidated mine, with its neighbour, the Young-Davidson mine, is in Powell township, 25 miles by road northwest from Elk Lake, 30 miles west of Kirkland Lake, and 45 miles southeast of Porcupine. It may be considered as being on the westerly extension of the Kirk-land Lake sedimentary belt, where the rock column is markedly similar. There is no similarity in structure, however, for great ore-bearing shears and faults simply do not occur at Matachewan. Rather may it be said that the region, under stress, failed in isolated brecciated patches, some of which make up today's orebodies. The mine currently treats 1,000 tons a day of porphyry ore averaging 0.10 oz. gold per ton. It started operations in 1934 on greenstone ore, and the mill then treated 150 tons a day of ore averaging 0.23 oz. gold per ton. Total production to the end of 1941 has been 929,484 .tons averaging 0.160 oz. gold per ton.

Jan 1, 1942

By R. Horn

The financial performance of the mining industry, measured by return on equity and capital employed, has been inadequate for many years. Consequently, mining companies are not valued highly by stock markets. Among the more important causes for the decline in the sector are the conservative working practices and reluctance to adapt to change or to develop new technology, although some relatively recent developments such as SX-EW copper and heap leach gold have made a significant impact on the cost base of these metals. The subsidiary business of metals exploration suffers from the same problems as the rest of the industry. The rate of discovery of ore deposits has been falling over many years and since the late 1990s, there has been a sharp reduction in global exploration activity that, if it continues, will further reduce the global supply of new ore reserves. New technological developments, particularly in geophysics and different operational practices may help reverse this trend. Statistical methods for evaluating the risk of ore reserve estimates will also improve the economic return on new mining ventures. The science of ore geology has potential to reduce exploration risk, but modern ore genetic theory has not contributed greatly to recent discoveries. The junior exploration market has almost ceased, but a new style of technically specialized efficient small exploration company has emerged which, in alliances with major companies, may be the vehicle for future global exploration. Exploration in virgin terrains has a higher risk discounted potential for the discovery of very large orebodies than that in known mining districts but mining companies have little financial incentive for this high risk exploration because of the very long lead time to production. Alliances of two or more companies reduce the risk in both the exploration for and development of major new mining projects. If new orebodies are not found, then metal prices will inevitably rise in the long term. Governments of industrial countries, particularly those with a significant mining industry such as Canada, should therefore provide assistance to exploration in order to maintain their existing industry and prevent a metals shortage from developing in the future with its consequent impact on the world economy and increased environmental damage as large lowgrade orebodies are developed to supply an expanding market.

Jan 1, 2002