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By Masashige Makifuchi, Hiroki Kumakura, Kota Nagai, Takahiro Kikuchi

"A large amount of platinum group metals (PGM) are used in automobile catalyst. It is important to recover the metals from wasted catalyst. Nomura and Kageyama (2013) suggested recovery process that PGM oxides were absorbed to perovskite-type oxide based on LaScO3. In their process, the PGM in wasted catalyst as absorbed to the perovskite-type oxide as PGM oxide. It has potential to each element in the process if the perovskite-type oxide is selected properly. In this study, the PGM oxide absorption properties of various perovskite-type oxides are investigated to develop a new recovery and separation process. The various perovskite-type oxide were synthesized with metallic platinum, palladium, rhodium at high temperature in air atmosphere. And the PGM contents in the perovskite-type oxide after the experiment are determined by chemical analysis. Some of them have the properties to absorb specific PGM oxide selectively. In addition, in order to increase the amount of absorption of PGM oxide and composition of the perovskite-type oxide experimental temperature was investigated. Then it is also found that doping another specific element to the perovskite-type oxide is effective to increase the amount of absorption of PGM oxide. Then a new recovery process of PGM from wasted automobile catalyst, in which PGM can be separate to each element, was designed.INTRODUCTIONA large amount of Platinum (Pt), Palladium (Pd), and Rhodium (Rh) are used in automobile catalysis (Figure 1) (Platinum, 2013). Natural supplies for these metals are limited and PGM mining can detrimental environmental impact. Therefore, the recycling of PGMs from wasted automobile catalysis is very important. The Rose process (Figure 2) was developed as a process to recover PGM from wasted automobile catalysis. In this process, the automobile catalysis is first crushed mechanically, and then extracting agent, copper (Cu), and flux are melted at high temperature. The mixture separates into a metal phase, (Cu alloy containing PGM) and slag. The PGM is enriched by oxidizing. Cu to Cu oxide. The PGM are then recovered and separated to each element in a wet process. However, it is hard to dissolve the PGM with acid because they are chemically stable and strong oxidation agent such as aqua regia is used. Moreover, to separate the PGM to each individual element, a solvent extraction process is required."

Jan 1, 2016

By J. Ji, A. Shi, B. Grcic

Floating copper minerals selectively against iron minerals such as pyrite has been challenging for most copper and copper/gold deposits, and many operations continuously strive to maximise copper recovery whilst meeting target concentrate grades. Maximising grade is achieved by selectively floating copper minerals and rejecting pyrite. This challenge is to minimise copper and gold losses in the roughers if this approach is used. A flotation testing program was conducted by Bureau Veritas Minerals on a high-level pyrite bearing copper/gold ore sample to establish the potential to reject pyrite in the rougher stage, but also maximise copper and gold recoveries, and ultimately final product grades. The test program included feed characterization, rougher and open-circuit cleaner flotation as well as locked cycle flotation tests. The main variables tested for achieving selective flotation of copper and gold were collector type and pH control, through lime addition. Grind sizes used in the rougher and cleaner tests had been established from previous test work. The collectors tested were SIPX, Aerophine® 3418A, Aerophine® 3421, Aerophine® 3422, Reagent S-11192 Promoter, Reagent S-11193 Promoter and FloMin C4150. The two best performing collectors were then tested in open-circuit cleaner tests, with the optimum conditions examined further in locked cycle tests. INTRODUCTION Bureau Veritas Minerals Metallurgical Division was retained by Eldorado Gold Corporation to perform a metallurgical testing program on a high-level pyrite bearing copper/gold ore sample from a gold- copper porphyry deposit to optimize flotation reagent scheme to improve gold and copper recoveries and copper content in the concentrate. The test program included feed characterization, rougher and open-circuit cleaner flotation as well as locked cycle flotation tests. Initially, various collectors were screened in kinetic rougher tests, and over a pH range of 8.5 (i.e the natural ore pH) up to 11.5, using a primary grind size of 80% passing 120 µm. The collectors tested were SIPX (sodium isopropyl xanthate), Aerophine® 3418A, Aerophine® 3421, Aerophine® 3422, Reagent S-11192 Promoter, Reagent S-11193 Promoter and FloMin C4150. The enrichment ratio, which is the ratio of copper to sulfur in the concentrate to that in the feed, was used as proxy for rating selectivity (i.e. degree of pyrite rejection or depression).

Jan 1, 2019

By Brian O'Hearn, Doug Hanson

"The most commonly used tendon supports in the Sudbury area include rock bolts, rebars, friction anchors and cable bolts. Due to the fact that these tendons are physically different and employ different anchoring systems they offer varying degrees of stiffness, yield ability, load capacity, anchor dependability and energy absorption. These differences coupled with variable rock mass and changing stress conditions have made it challenging to engineer the design of an effective support system. By tapping into the knowledge and experience gained by ground control practitioners, an empirically based rating system has been assembled that offers a guide to designers of support systems when choosing the most effective tendon support over a range of rock mass and stress conditions.A methodology referred to as support planning can be used to design support systems whose rehabilitation costs will be minimized. The use of multiple tendon types in anyone support layout is advocated, particularly when the stress state of the rock mass to be supported is expected to undergo a change."

Jan 1, 1995

By C. Bazin, D. Hodouin, M. Ounpuu

Sensors are now available in mineral processing circuits to monitor pulp flowrate and density, as well as ore characteristics and other process variables. The amount of information provided by these instruments is considerable but in many cases poorly exploited. This paper gives the results of the application of time series analysis techniques to signals generated by the sensors installed on an industrial Pb dezincing flotation circuit in New-Brunswick. Autocorrelation and cross correlation functions appear to be interesting tools for a preliminary circuit analysis, however the calibration of single input single output discrete transfer functions using collected sensors signals leads to conflicting results. For this reason a phenomenological approach, based on the kinetic and transport properties of the flotation process, is also considered. It has several advantages over the empirical transfer function modelling but also limitations in its applicability to industrial processes. A combination of the transfer function and kinetic modelling approches appears to be a promising avenue for better process modelling and control.

Jan 1, 1985

By N. Aydogan, H. Dundar, Å. Partapuoli, A. Fredriksson, P. Wikström, K. Tano, G. Adolfsson

The Autogenous milling of ores holds an increasing attraction as the focus moves towards reducing energy usage, both direct and embodied in grinding media. However, most of the early AG mills were converted to SAG for improved stability and increased throughput. This imposes a huge penalty in steel grinding media consumption. The LKAB iron ore operations in Sweden process highgrade magnetite through fully-autogenous milling lines to a final product P80 of about 45µm. The outcomes of P9O AMIRA research surveys, covering a wide range of mill fillings and throughputs and with different feed blends, are presented. Insights are provided on operational strategies, opportunities, the influence of feed size control and balancing the blend of competent gangue and softer magnetite. Areas of importance in the successful operation and control of energy-efficient autogenous circuits are highlighted.

Jan 1, 2012

By R. J. Grant, D. W. Scott, M. A. Cooper, E. R. Shannon

"The Brunswick No.12 site concentrator processes 10,500 tonnes per day of a complex lead, zinc, copper and silver ore producing four concentrates by differential flotation. Research over the years has led to increased understanding about the mineralogical and flotation characteristics of the ore. A pilot plant study conducted at Lakefield Research, primarily designed to investigate the technical feasibility of semi-autogenous grinding, provided an opportunity to test recent theories about grind size,, reagent schedule and flowsheet configuration.A fundamental approach was taken with each of the unit processes involved in grinding and flotation. Basic operating and metallurgical criteria were established in each area and a step-by-step implementation program initiated in the plant.Significant improvements in metallurgical and financial performance have been realized through the application of basic grinding and flotation principles using conventional milling equipment and without major capital expenditure. Current operating practice is detailed and metallurgical advancements cited.INTRODUCTIONBrunswick Mining and Smelting operates one of the world's largest lead and zinc mines near Bathurst, New Brunswick. Brunswick is a publicly traded company with majority ownership held by Noranda Minerals (63%). In addition to the No. 12 underground mine, the company operates a lead smelter and phosphate fertilizer plant in Belledune, N.B. and maintains a 25% interest in a joint venture with Noranda Minerals' Heath Steele mine near Newcastle, N.B. Through the four operations, a total of 2000 people are directly employed with fixed assets totalling Cdn$187 million (BM&S, 1991)."

Jan 1, 1993

The tensile test results of as-cast A356.2 grain-refined alloy castings show that the tensile strength can be improved by strontium modification (`SrM'), superheating at 900°C OM, and melt thermal treatment of the Sr-modified alloy melt (`SrMTT'). Both SrM and SrMTT processes can greatly improve the ductility (percent elongation) of the as-cast alloy. During solution heat treatment at 540°C, eutectic Si particles undergo fragmentation, spheroidization, and coarsening, thereby affecting their morphology. The effects of solution heat treatment on the tensile properties of the variously treated A356.2 alloy castings can be summed up as follows: the yield strength of the castings is significantly improved after 8 h solution heat treatment due to the precipitation of Mg2Si, after which it remains more or less the same with the further increase in solution treatment time up to 80 h; the ultimate tensile strength is also greatly improved within the first 8 h of solution heat treatment and then remains at the same level thereafter, up to 80h of solution treatment. The improvement in UTS is attributed to Mg2Si precipitation, dissolution of Si within the aluminum matrix, and changes in the Si particle morphology (spheroidization). The ductility of the as-received grain refined non-modified (`NM'), grain refined and superheated at 900°C (`SH'), and melt thermal-treated grain refined (`MTT') A356.2 alloy castings can be improved considerably with solution heat treatment e.g. from ~6% in the as-cast non-modified casting to ~10% after 80 h solution treatment.

Jan 1, 2011

By W. C. Ferguson

"This paper could be more appropriately titled ""The Application of Vacuum Filters to Underground Minewater Treatment. in a previous paper co-authored by the writer (1) the history and development of minewater treatment at the Sudbury District Operations of the International Nickel Company was outlined. It is the intention of this paper to dwell more specifically WIth the the application of the vacuum filter to a problem found in most, if not all, underground mining operations. In the preparation of this paper the writer has made liberal use of the illustrations and text of the paper previously noted.Last year we heard Mr. Nemeth discuss the basic mechanisms involved in vacuum filtration (2), and today Yr. Cunliff has exposed us to the selection of the filter media (3). I will now briefly review the various vacuum filter designs that generally lend themselves to metallurgical dewatering applications.DRUM FILTERSThe revolving drum-type which filters on its outside periphery is illustrated in Fig. 1. This is the Oliver or Drum filter and represents the first commercially available continuous vacuum filter. The original design dates back more than 50 years, but with the exception of the method of discharge, is identical to the units being marketed today. This filter is generally applied to slow filtering slurries. The cake may be discharged in several ways; strings, scraper blades, rolls or by passing the filter cloth over a small diameter discharge roller (belt discharge).THE DORRCO FILTERThe revolving drum type which filters on its inside periphery is illustrated in Fig. 2. Here the slurry lies in the drum and the cake discharges through a chute or conveyor. This type of filter is most often applied to fast-filtering slurries.THE DISC FILTERThe revolving filter which filters on the vertical plane of the disc is referred to as the Disc or American-type filter. This represents the most inexpensive design in terms of cost per square foot of filter area. This filter is widely applied, but is probably more suitable for slower draining pulps."

Jan 1, 1971

By G. A. Fenton, A. Vervoort, M. Alvarez Grima

"High-risk underwater mining operations necessitate characterizing spatial heterogeneity and resource uncertainty. Local average subdivision is a method of simulating spatial deposit variability inside a cell through a sequence of discretization stages, during which a cell is further subdivided into four or eight cells. New developments are presented to validate simulated deposit models and deal with point measurements of geotechnical and ore-grade properties. This paper illustrates the relevance of translating spatial deposit variability into financial or operational performance indicators during underwater resource exploitation. Two synthetic case studies highlight the challenges of underwater mining in relation to production plans and equipment selection.RÉSUMÉ Les opérations d’extraction minière subaquatique à risque élevé exigent une caractérisation de l’hétérogénéité spatiale et de l’incertitude de la ressource. La moyenne locale de subdivision est une méthode de simuler la variabilité spatiale du gisement dans une cellule par une séquence d’étapes de discrétisation durant lesquelles une cellule est subdivisée en quatre ou huit cellules. De nouveaux développements sont présentés afin de valider les modèles de simulation des gisements et de traiter des mesures ponctuelles des propriétés géotechniques et de teneur du minerai. Le présent article illustre la pertinence de traduire la variabilité spatiale du gisement en indicateurs de rendement financier ou opérationnel durant l’exploitation subaquatique de la ressource. Deux cas synthétiques soulignent les défis de l’exploitation minière subaquatique par rapport aux plans de production et de choix des équipements."

Jan 1, 2015

By M. Mahdi, L. So, A. MacMillan, D. Metcalfe, J. Woloshyn, D. Sauter, N. Uys, JP. Janse van Rensburg

For city smelters, with limited real estate, efficient slag cleaning furnaces followed by water granulation to produce an iron silicate product is the preferred process approach. Water granulation, however, consumes large volumes of water and requires high maintenance due to abrasive slag/water slurries. Air granulation offers an alternative to water granulation, which eliminates water use and has low maintenance requirements. Although full-scale operation has not been implemented for copper slags, full-scale operation for platinum group metal (PGM) converter slag has been implemented. A review of full-scale air granulation performance for PGM converter slag is provided. Based on PGM converter slag granulation performance, parallels to copper slag granulation are drawn and full-scale operation for copper slag is modelled using computational fluid dynamics (CFD). INTRODUCTION Typical slag management practices in the copper industry include dumping, slow air cooling, and water granulation, as shown in Figure 1. Dumping is the most commonly used slag handling method for most metal production plants, but presents challenges including the requirement for a large slag pit, requirement for expensive/high-maintenance “hot” mobile equipment, risks associated with transportation of molten slag, and no value recovery from slag as a sellable by-product or from slag as a source of heat.

Jan 1, 2019

By N. Plint, M. Potgieter

The Anglo Platinum Mogalakwena North concentrator was one of the first three hard rock mineral processing applications to utilise a HPGR circuit in preference to a SAG milling circuit. This was driven by the extreme competence of the ore that had given rise to throughput issues on the original South Plant. Despite more than adequate capacity and performance of the individual comminution units, the circuit has struggled to obtain full design capacity. A thorough review of the integrated performance of the circuit revealed a wide range of bottlenecks and underutilised parts of the circuit arising from design issues. Interestingly, the major opportunities lie in materials handling issues and mismatch of loads about the circuit. This paper presents the high-level outcomes and the associated opportunities, and is pertinent to all HPGR circuit designs.

Jan 1, 2012

By R. Krentz, P. D. Cordingley

The nickel-cobalt sulphides produced from limonitic laterite ores by Moa Nickel S.A. in Cuba are refined at the Corefco nickel-cobalt refinery in Canada. Major changes to the refining process were required when the Moa sulphide feed, with its unusually high cobalt content, was introduced in the early 1990's. In the period 1994 to 2005 the production capacity of the refinery has increased dramatically to match increases at Moa, and significant process improvements incorporated. The process flowsheet consists of the original ammonia leach process, optimized for cobalt chemistry and overall leaching capacity. Extraction of metal values is followed by the unique nickel-cobalt separation technology, in which most of the cobalt is separated from the ammoniacal nickel sulphate leach solution by precipitation as a nickel-cobalt hexammine salt. This salt is refined from a Co:Ni ratio of 1:1 to over 10,000:1 by selectively leaching nickel, redissolution and recrystallization in ammonium sulphate solution. Nickel and cobalt are recovered using the well-known Sherritt hydrogen reduction technology. This paper reviews the chemistry described above, examines some of the changes in operating conditions made over the years and highlights some of the recent physical changes made to the refinery.

Jan 1, 2005

By G. W. Zhang, Changsha Research Institute of Mining and Metallurgy, X. Xiao, Y. Long, L. L. Huang

"The paper presents a scale-up and design method of vertical screw stirred mill, in which the closed circuit of mill and hydrocyclone was assumed as one factor, theoretically regardless the affects inside system of the mill and hydrocylone. The specific energy is chosen as a scale-up criterion, based on the premise that when fed the same feed material, mills of different sizes delivering the same specific energy will yield products.Batch grinding tests are conducted to determine the specific energy, and combined with industrial production data, scale-up and design of vertical screw stirred mill for industrial production are accomplished. Having developed this method for the vertical screw stirred mill used in regrinding duty of iron ore in Ma Steel, it has now been successfully applied in other installations.INTRODUCTIONThe Towermill was developed in Japan in the 1950s, by the Tower Mill Kubota Corporation, it was fine and ultra-fine grinding mill of the metallic ores and concentrates. Due to the rapid development of metal mining and useful minerals disseminated fine, fine grinding and ultrafine grinding equipment has also been more wide used in minerals processing industry. Typical fine and ultra-fine grinding mil are the Vertimill and Stirred Media Detritor (SMD) Mill of Metso, Eirich Towemill, Outotec HIGmill, FLSmidth VXPmill, Xstrata Isamill and the vertical screw stirred mill (JM) of CRIMM, etc.JM series of vertical screw stirred mill were invented by Changsha Research Institute of Mining and Metallurgy in the 1980s. Energy saving and consumption reducing have been achieved through the optimization and engineering practice. More than 500 units JM series of vertical screw stirred mill are used in the iron ore, copper ore, copper-molybdenum ore, molybdenum ore, Pb-Zn ore and Au ore."

Jan 1, 2016

By G. Ergin

The interactions taking place between Al-Mg alloys and the bed media during aluminum filtration are not yet well understood. These interactions were studied using the infiltration technique. The reaction interface was analyzed using different techniques such as SEM and TEM. Only spinel formation was observed at the interface regardless of the type of alumina and contact time. This paper discusses the results of the study.

Jan 1, 2004

Fault detection and identification are major challenges in process engineering and manufacturing and the key component of abnormal event management systems. Timely detection, diagnosis and rectification of abnormal or faulty process conditions can lead to savings of billions of dollars in equipment damage and lost productivity, not to mention the prevention of injury and loss of human life associated with industrial accidents. A major contributing factor to current losses in industry is the reliance on human operators to interpret high-frequency samples from hundreds or thousands of variables simultaneously. As a result, the automation of fault detection and diagnosis is seen as crucial to the successful implementation of abnormal event management, the need for which is becoming all the more urgent given the increased complexity associated with modem industrial plants. In this paper, a methodology for process monitoring that uses support vector methods to extract nonlinear features from data is discussed and applied in the diagnostic monitoring of an industrial liquid-liquid extraction column.

Jan 1, 2005

By Randolph A. Pax

"The internal operation of a tumbling mill is a very hostile environment and precludes the sustainable operation of internal sensors to measure the mechanisms of charge motion and breakage events. Instead indirect methodologies are required to expand the current understanding developed within a framework of perfect mixing of the mill contents. A number of measurement approaches have been successfully used to explore the operation of SAG mills including strain instrumented lifter bolts, mill shell strain measurement and thermal (energy balance) of operating mills.Early acoustics measurement was developed by Hardinge using a 'microphone' located close to the expected toe location. This signal was an indicator of the mill fill. Improvements were implemented with the use of two microphones straddling the toe location to try to increase the sensitivity of the measurement and reduce ambiguities. Further improvements included a filtered signal indicative of steel interactions. Unfortunately, the mechanisms of signal generation and the complexity of the processes do not provide a consistent signal.In recent years, advanced acoustic measurement using arrays of microphones utilising signal processing techniques have been implemented as SmartNoise and validated on over 30 mills. This paper will discuss the results obtained with signals such as water holdup, mill shell steel hits and two each of the toe and shoulder angles. An estimate of the internal mill component wear rates is also accessible.Advanced acoustic measurements with wide bandwidths when combined with physics models and process understanding has achieved a step change in the understanding of the dynamic internal operation of a tumbling mills on time scales of 80 ms. These techniques have been used extensively on SAG mills, but have also been applied to FAG and ball mills. Acoustic measurement is used for the rapid diagnosis of mill conditions and holistic control for optimisation and stability."

Jan 1, 2016

By Nickvinder Bhath, Johnson Matthey Plc, Jamie Baker, Daniel Kim, Jeff Lucht, Shijie Wang

"Precious metals (PM) in copper anode slimes are traditionally recovered by pyrometallurgical processes. Due to the compliance with increasingly stringent environmental regulations, it has made hydrometallurgical processing an attractive method for recovery of precious metals, including relatively inert metals such as gold and platinum group metals (PGMs). In this paper, a new method to recover PGM from complex and difficult feed streams is described. Using a proprietary Advanced Ion Exchange (AIX) adsorbent which has a high selectivity for PGMs over other metals and can achieve high PGM mass loadings with a series of incredible pilot test data plus the business case generated from the study results are also presented in the paper.INTRODUCTIONPrecious metals in copper anode slimes are traditional recovered by pyrometallurgical processes. Due to the compliance with increasingly stringent environmental regulations, it has made hydrometallurgical processing an attractive method for recovery of many metals, including relatively inert metals such as gold and platinum group metals (PGMs). Fully hydrometallurgical processes for extraction and recovery of gold and silver from copper anode slimes were employed in major copper refineries since 1995, which was first developed at Rio Tinto Kennecott Utah Copper.In Rio Tinto KUC process, the wet chlorination and gold solvent extraction were utilized to enable recovery of gold and silver as well as other metal compounds. The availability of water and the interaction and amenability of gold processing in water-based solution makes it possible that gold and silver are produced in only five days, compared with a traditional pyrometallurgical process that took 45 days. Most copper refineries are still following the tradition, but the use of hydrometallurgical technologies is increasing as the world demand for metals increases, energy utilization, and environmental viability."

Jan 1, 2016

By Behzad Vaziri Hassas, Firat Karakas, Esra Tanisali, Mehmet S. Çelik, Ahmad Hassanzadeh

Coagulation is basically an aggregation process where particles settle under the influence of interfacial forces with electrostatic forces playing a governing role. Although particle morphology consisting of shape and roughness dictates the physical encounter of two particles, their eventual coagulation is not only influenced by columbic forces but also other interfacial forces such as hydrophobic interaction, which affects the extent of aggregation of particles through increasing the distance of interaction. Roughness is well known to increase the effective contact angle on hydrophobic surfaces and also enhance interfacial forces. In this study, the effect of morphology of particles and particularly roughness on the settling velocity and in turn coagulation tendency was investigated. Batch settling tests (BSTs) of different particle morphologies were investigated as a function of pH. Two different morphologies of silica particles were utilized with the same particle size distribution (PSD) including smooth-spherical and rough-spherical (Etched). Rough particles were prepared by acid etching technique using hydrofluoric (HF) at different time intervals (15-300 sec). Etched samples were identified and quantified by optic profilometry. Settling test results showed that the settling velocity of particles in a suspension of 2% solids in the massive settling region is significantly affected by particle morphology of the suspension. Coagulation results further revealed that aggregation of rough particles is faster than smooth-spherical particles. Coagulation results are elucidated on the basis of particle morphology and its effect on distance of separation through hydrophobic forces.

Jan 1, 2016

By D. Mark Richards

Highland Valley Copper is a large open pit copper mine in the southern interior of British Columbia. Machine guidance technology using the Global Positioning System (GPS), was first implemented at the mine in late 1996 for blast hole drill navigation. The purchase of a third BE49R drill in 1998 completed the change to GPS navigation for all the mine?s drilling. The acceptance of this technology was almost immediate at both the operator and management levels. With the purchase of a new P&H 2800 shovel in 1997, the opportunity was taken to extend GPS navigation to a shovel. Due to communication restrictions, this was not as successful as envisaged. In late 1999, following a cost benefit analysis, a three-shovel trial of Caterpillar?s Computer Aided Earthmoving System (CAES), was initiated. The trial was successfully concluded in June 2000 and a further two shovels were equipped. Acceptance of this system has been very good at all levels, which has undoubtedly contributed to its success. In September 2000, CAES was extended to the dozer fleet with the purchase of a new track dozer. The CAES equipped dozer is used for pit production and project work. It is planned to extend CAES to the rest of the shovel fleet in 2001, along with a production front-end loader and one or two more track dozers.

May 1, 2001

By Robert B. Parsons

"The new Ontario Liberal government introduced its first budget in October. The changes to The Mining Tax Act proposed in the budget are mean t 10 simplify the current system without any loss of revenue to the government. It goes without saying that some operators will benefit from the changes while others will pay more taxes after 1985.With regard to ongoing matters at the federal level, the proposed carve-out legislation and the issue of northern allowances are being discussed with government officials, and a small victory has recently been scored with regard 10 the laxation of certain share transactions of prospectors and grubstakers. A report on these issues is provided herein.Ontario BudgetOn October 24, 1985, Ontario Finance Minister Robert F. Nixon tabled a budget proposing several significant changes to both the Ontario Mining Tax Act and the province’s income tax legislation.Mining Tax ActA flat rate of tax and reduced processing allowances highlight proposed changes to The Mining Tax Act. The proposed changes, with a comparison to the existing system, are set out in Table I.The most significant change is the replacement of the graduated tax rate schedule with a flat 20010 tax rate. This is a welcome change for most mine operators who viewed the high rate of 30% on profit over $20 million as counter-productive.However, the flat rate of ta x may not be welcome to all operators. Generally speaking, operators with less than $ 10 million annual profit are better off under the graduated rate system, while operators with annual profit exceeding $10 million will benefit from the 20010 tax rate."

Jan 1, 1986