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By N. Katsikaros, A. Lewis-Gray, P. Richards

"To optimize gold recovery in complex leach-to-electrowinning processes, Gekko Systems developed the Gekko resin exchange column (G-REX) as an intermediate step, using a highly gold-selective resin to isolate contaminant metals. The AuRIX®100 resin produced by Purolite is licensed exclusively to Gekko, with the G-REX column designed specifically for this resin. Operational experience has been gained at the Castlemaine Goldfields Ballarat gold mine. In near-continuous operation since 2008, the Ballarat plant treats unclarified concentrate leach solution. The extension of this technology to higher throughputs and more complex chemistry is discussed.RÉSUMÉ Afin d’optimiser la récupération de l’or dans des procédés complexes impliquant la lixiviation suivie de l’extraction électrolytique, Gekko Systems a développé la colonne Gekko de résines échangeuses d’ions (G-REX) comme étape intermédiaire, à l’aide d’une résine hautement sélective pour la récupération de l’or qui permet d’isoler les métaux contaminants. Gekko détient la licence exclusive pour la résine AuRIX®100 produite par Purolite, et la colonne G-REX a été spécifiquement conçue pour cette résine. C’est à la mine d’or Ballarat de Castlemaine Goldfields que l’expérience opérationnelle a été acquise. L’usine de Ballarat, en exploitation quasi-continue depuis 2008, traite une solution concentrée non clarifiée de lixiviation. L’extension de cette technologie à des capacités supérieures et à une chimie plus complexe est examinée."

Jan 1, 2017

By D. F. Kidd

Introduction In a companion article, Surveys at Great Bear Lake, 1931, R. C. McDonald has described the general character, topography, and climate of the Great Bear Lake-Coppermine River area and the main means of access (l). The present paper will largely be confined to the geological features of the district. In the last two years, the rocks of the region have received considerable attention, and papers including references to .the geological succession have been written by Knight(2), Duncan(3), Norris( 4), Reid(5), Cameron(6),and Kidd(7). The writer confined his field-work during the 1931 season to the district between LaBine point and Hunter bay and northwest to the head of McTavish arm. Brief trips were made down the Sloan river from McLaren lake, 25 miles northeast of Hunter bay, to that place, to Dowdell (Sixty-six) point, the south point of Echo bay, and to the region north of the Dismal lakes and west of the Coppermine river. The inner part of Echo bay, which is the area discussed by Reid and Cameron, has not been seen by the writer and the geology there will not be discussed.

Jan 1, 1932

By W. Mueller, M. Rocheleau, E. Dimroth

The paleogeographic evolution of the Abitibi Belt is subdivided into three phases, namely: 1) a phase of the growth of a submarine volcanic chain, 2) a phase of the emergence and growth of volcanic islands and 3) a phase of uplif t and erosion of volcanic islands. Isostatic calculations suggest that the volcanic sequence in the south of the Abitibi Belt rests on oceanic basement or on the mantle; the volcanic sequence in the north of the belt rests on about 13-14 km of tonalitic basement. 10-15 km of plutonic material accreted to the volcanic islands during paleogeographic phases 1 and 2, and caused the uplif t during paleogeographic phase 3.

Jan 1, 1984

By P. C. Lighthall, D. W. Zandee, W. Shukin

"IntroductionThis chapter deals with the on land disposal and storage of fine tailing in slurry form behind dams. Other types of tailing, such as coarse dry cobbs from magnetic separation of iron ores and other dry materials, have special problems and are not addressed in this paper. The disposal of mine waste is not included, except as such materials may be of value in the construction activities related to tailing disposal.In earlier North American mining, mines were smaller and frequently disposed of their tailing by direct discharge into neighbouring streams or bodies of water. Where that was not practical or not permitted, the solids were collected in tailing ponds and only the effluent liquids were released or decanted. The dams used for these early impoundments were fragile structures and failures were common. With the advent of large, low-grade open pit mines, and increasing awareness of environmental and safety considerations, recently established mines have carefully-designed tailing disposal systems, with wellconstructed dams and attention given to protection of the environment. Older mines are being improved or at least being examined critically with a view to upgrading as necessary to meet the new standards.Modern tailing disposal systems are highly variable and unique to each mine. Tailing pond selection and design is dependent on available topography as also is the design of transport and water reclaim systems. Suitable sites that are at higher elevations than the mills or distant from them may require that the tailings be pumped. Dams, either earth or rock structures built of the most convenient and economic material, are usually a suitable mix of local borrow, mine waste and coarse tailings. The most economic structures are those built mostly of coarse tailing."

Jan 1, 1989

By Grant J. Goddard

"The Iron Ore Company of Canada (IOC) has been in operation for over 30 years. Today, and in the future, technology and its application will play an ever more critical role in the company’s business success.The Carol Mining and Concentrating (CMC) division of IOC is energetically applying technology today to enhance performance and results, and is aggressively exploring opportunities to apply technology to support improved business results in the future.A critical area of focus is the application of technology to maintenance management performance. CMC has taken a “back to basics” approach to the fundamentals of maintenance management in 1995 and 1996. In parallel, the mine is aggressively implementing its Vision 2000 maintenance integration plan. This plan is targeted at levering the energies applied to sound maintenance management fundamentals as the company moves to a fully condition based maintenance approach.This paper discusses some of the strategies, key technologies and objectives of theVision 2000 maintenance integration plan at the mining operations of IOC."

Jan 1, 1996

By W. R. Richmond, T. S. Li, D. Ilievski

The reactive precipitation of ferrihydrite was studied in a laboratory semi-batch precipitator, where a highly concentrated sodium hydroxide solution was fed into an iron nitrate solution. Instantaneous hydrolysis of iron[III] takes place when the two reagents are mixed generating supersaturation, and leading to immediate precipitation of ferrihydrite via a primary nucleation mechanism then followed by limited crystallite growth to 3 to 7nm. A mathematical model of the semi-batch laboratory precipitator was used to simulate the pH responses during the precipitation of ferrihydrite at different reagent feed rates. The model comprised of interconnected compartments of averaged hydrodynamic conditions, incorporating physically meaningful turbulent mixing time constants. The precipitation process is described by the solute concentration conservation equation incorporating a postulated ferrihydrite primary nucleation model. It was found that the semi-batch precipitator model predicted the experimental pH response reasonably well. The experimental results demonstrated that the reagent feed rate has a critical effect on the course of the precipitation of ferrihydrite, i.e. it is a rate determining step given the fast hydrolysis and precipitation kinetics.

Jan 1, 2005

By Xiaozhu Chen, Qi Ping, Pu Yuan, Qinyong Ma

"In order to investigate the fractal feature of coalmine deep rock fragments under impact loads, variable cross-section split Hopkinson pressure bar apparatus, 50 mm in diameter, was adopted to conduct impact compressive test for rock specimens from -962m deep coalmine. Various impact pressures, such as 0.3, 0.6, 0.9 and 1.2MPa, were selected to implement different loading rates. Sieving statistical analyses were conducted for rock fragments after being impacted, and the particle size distribution of broken rock in various loading rates were calculated with the fractal method and then the corresponding fractal dimension was obtained. Test results shows that there is a good self-similarity and fractal feature in fragments distribution of deep coalmine sandstone under impact loads. The fractal dimension of fragments is between 1.9 and 2.7. The research also indicates that there is an approximate power relationship between dynamic compressive strength and fractal dimension, and a strength power relationship between fractal dimension and average strain rate. Moreover, there is a linear relationship between fractal dimension and specimen absorbed energy. The rock fractured process can be quantitatively described through fractal dimension, which can reflect the deep rock broken degree and is an ideal index to evaluate the distribution of rock fragments.INTRODUCTIONBroken rock is one of the most basic processes in mining operations, rock fragmentation has always been an important index to evaluate rock breaking effect (Xu & Yu, 1984). Macroscopic fragmentation of rock material is the final results of continuous development, expansion, gathering and cutthrough of internal micro-cracks. This process, developing from microscopic damage to macroscopic fragmentation, is an energy dissipation process and shows fractal characteristics (Xie, 1993). Turcotte (1986) has conducted statistical analyses of fragmentation for different kinds of geological materials under various broken conditions, and arrived at the conclusion that fragmentation distribution is a fractal."

Jan 1, 2015

By J. M. Hong, H. K. Zheng, R. Hu, C. B. Zhou

The Jinping-I double curvature arch dam, located in the middle reach of the Yalong River and with a maximum height of 305 m, is the world highest dam of the same type that has been completed. Since the second and third periods of the reservoir impounding, after which the reservoir water level was raised by about 200 m, a significant amount of leakage was observed out of the drainage holes deployed in the lowest drainage tunnel at the left-bank abutment at EL. 1595 m, with a pressure of 0.3 MPa at one typical hole when it was blocked. In this study, a number of analyses including water quality analysis, digital borehole imaging, tunnel geological mapping and in-situ groundwater monitoring were performed to investigate the source of leaking, the leakage passages and the performance of the grouting curtains. An inverse modeling procedure combining the orthogonal design, finite element forward modeling of the transient seepage flow, artificial neural network and genetic algorithm was invoked to further evaluate the permeability of the foundation rocks whose permeability was underestimated in design, using the in-situ measurements of flow rate and piezometric head. The geological structures that lead to the leakage were identified and the seepage flow behaviors in the dam foundation and the left bank abutment were assessed. Given the connectivity nature of the sub-vertically oriented fractures that induce the leakage event, it is found that some of the drainage holes with relative larger amount of discharge could be closed or blocked for reducing the amount of leakage without remarkably increasing the pore water pressure in the foundation rocks.

Jan 1, 2015

By V. Barranco, K. Yliniemi, A. Hubin, B. P. Wilson, D. Janas, M. Lundström, P. Hannula

Typical copper electrorefining electrolyte contains tens of grams of copper, some nickel and a wide variety of impurities. Some of these impurities comprise trace amounts of dissolved precious metals like Ag, Pd and Pt that currently are not fully exploited. This study presents an electrochemical method to recover precious metals via a combined electrodeposition-redox replacement (EDRR) process, where energy is used only to deposit copper during the ED-step, while the RR-step relies on the spontaneous replacement of copper by the precious metals (i.e. cementation). In order to conduct the recovery successfully, process parameters such as deposition potential (EDE), deposition time (tDE), redox replacement time (tRR) and the number of cycles (n) was adjusted. Investigations performed in synthetic electrolyte (40 g/L Cu, Ag = 10 ppm) proved the possibility to recover a high purity silver. Short deposition times (tDE) were found to result in small Cu particles that provided a suitably high surface area for silver cementation. In addition, experiments performed in real industrial electrolytes containing 44 g/L Cu and 54 ppb Ag (Boliden Harjavalta, Pori), demonstrated that EDRR could attain Ag recoveries of between 46–67% in an energy efficient, additive-free manner. INTRODUCTION The raw materials used in the state-of-art primary and secondary copper smelters contain mainly base metals, but also notable amounts of Ag, Pt and other precious metals. These valuable metals distribute mostly into the copper matte during the pyrometallurgical treatment (Tirronen et al., 2017) and end up into the cast anodes. During the electrorefining stage, metals more noble than copper such as gold and platinum, are not dissolved but enrich into the anode slimes. In contrast, silver may dissolve slightly and thus, minor chloride addition is used to retain silver in the slime as sparingly soluble AgCl. Moreover, other metals less noble than copper may also dissolve, such as nickel. Therefore the electrolytes used in electrorefining typically contain substantial amounts of copper, nickel and even arsenic as well as minor metals such as antimony and bismuth. In the Boliden electrorefinery these were reported to be in the magnitude of 51.2– 60.4 g/L of Cu, 10.9–15.8 g/L Ni, 7.2–15.9 As, 0.2–0.4 Sb and 0.1–0.4 Bi with an associated sulfuric acid concentration of 139–155 g/L (Lehtiniemi et al., 2018). Copper is the most noble of the dominating base metals in the electrolyte and is thus deposited on the cathode as 99.99% purity LME-A grade. Anode slimes are collected and subjected to precious metals treatment e.g. via pressure leaching—selenium recovery— Doré smelting—Ag refining—Au/Pt/Pd leaching and reduction process (Ludvigsson & Larsson, 2003). The Pori refinery, operating in Finland since 1941, not only produces 133 000 t Cu cathode and 2300 t nickel sulphate annually but also 66 t silver, 4.6 t gold and palladium and platinum (in year 2017).

Jan 1, 2019

By Arthur L. de Carle

"IntroductionThe Key Lake uranium-nickel deposits are located within a Mineral Lease centred at latitude 57 ° 12' north and longitude 105 °39' west along the southeastern rim of the Athabasca sedimentary basin in northern Saskatchewan, approximately 240 km north of La Ronge (Fig. 1). Access is provided by an allweather provincial highway from Pinchousc, situated about 200 km to the south, and a private airstrip maintained at the mincsitc.These deposits have been developed by Key Lake Mining Corporation on behalf of the Saskatchewan Uranium Joint Venture. Participants in the joint venture include Saskatchewan Mining Development Corporation (50%), Urancrz Exploration and Mining Limited (33 1/3 %) and Eldor Resources Limited (16 2/3 %).Considerable geological work has been conducted on the Key Lake orebodies and reported in summary papers published by Dahlkamp and Thn, (1977), Dahlkamp, (1978), Gatzweiler eta/., (1979) and Kirchner el a/. , (1980). However, intensive geological research is ongoing, particularly since many problems regarding ore genesis and controls remain unresolved . Exploration History and DevelopmentThe events (Gatzweiler eta/., 1980) which led to the discovery of the Key Lake ore bodies began in the summer of 1971 by following up on the reports of airborne radiometric anomalies and anomalous radon values in the Zimmer Lake water situated approximately 5 km to 6 km to the southwest. This work succeeded in locating a few high-grade uranium and nickel-bearing boulders associated with esker material. An integrated program, consisting of various geochemical and geophysical surveys along with diamond drilling, culminated in the discovery of the Gaertner orebody during July 1975. Subsequent fence drilling across the strike extensions of this ore structure located the Deilmann deposit, approximately I km to the northeast, in June 1976"

Jan 1, 1986

By R. Le Houillier, M. Nagamori, A. J. Plumpton

"Asbestos tailings are a typical serpentine, hydrated magnesium silicate, consisting primarily of antigorite and a few per cent of unrecovered fibrous chrysotile. Serpentine has unique thermal properties in that dehydroxylating calcination at 600 to 700°C can yield an amorphous structure in which most of the magnesia is liberated from the original bond with silica and thereby rendered chemically active. The amount of activated magnesia can be quantified by selective leaching with a weak acid such as acetic acid. Many wet processes have been proposed to extract magnesium values from calcined or natural serpentine by means of various acids and their ammonium salts. However, the only commercial utilization of serpentine today is found in dry processes such as the production of fused magnesium phosphate fertilizer .The present paper reviews the physical chemistry of the dehydroxylation of serpentine and also various wet and dry processes in order to provide a general view regarding the chemical transformation of asbestos tailings.IntroductionAsbestos fibers occur as chrysotile, a serpentine polymorph. More than nine tenths of mined asbestos ores consist of massive non-fibrous serpentine, primarily the polymorph antigorite, which is discarded as tailings after fiber extraction. For many decades, Quebec has been a world leader in the production of asbestos fibers. As a result, colossal tonnages of serpentine have accumulated in the Eastern Townships'!'. Serpentine minerals are found in large deposit s throughout the world, and significant research efforts have been made, particularly in Japan and the USSR, mostly in attempts to extract magnesia or silica values therefrom.The chemical composition of serpentine (chrysotile and antigorite) may be ideally expressed as Mg3Si2Os(OH). which corresponds to 43.7% MgO and 43.3% SiO2. Natural serpentines often contain a few per cent of Ni-bearing magnetite and other impurities, and therefore the contents of MgO and Si02are both about 40% or lower.Serpentine (hydrated magnesium silicate) is virtually insoluble in weak acids. However, when dehydroxylated under controlled conditions, ' it decomposes to an amorphous state in which magnesia and silica are isolated and chemically active. The magnesia so activated is readily soluble in weak acids. This unique characteristic of calcined serpentine, first discovered in 1942,, has since attracted the attention of innumerable researchers, whence many processes have been proposed."

Jan 1, 1980

By L. Kilburn

A survey of 281 mineral exploration agreements examines the ratios among three ways that may be used to purchase an interest in a mineral property, viz: pay cash, pay shams and make future expenditures on the property. The dollar value of the future expenditures exceeds that of cash or shams by about nine times in most of the 110 agreements that contain cash-expenditure or share-expenditure components. Results suggest that cash and shams are treated about the same in terms of value. Buyers and sellers haw opposing priorities for the way that they prefer to purchase a mineral property. These opposing priorities should give rise to a perceived 50:50 balance between cash/share payment and future expenditures to satisfy the idealized situation described by most definitions of fair market value (FMV). This balance between cash/share payments and future expenditures appears to be rationalized in negotiations to a FMV when expenditures are nine times greater than cash and/or payments. On this basis, it is proposed that the FMV of a property may be determined by aggregating the dollar amount of the cash/share payments plus one-ninth the dollar value of future expenditures, as set forth in the respective purchase agreement, and proportionately applying such aggregate to full property value.

Nov 1, 2005

By J. Stiksma, R. Kalanchey, M. J. Collins, G. Owusu, R. Raudsepp, K. R. Buban, L. A. Barta, I. M. Masters

This paper describes the results of testwork for the treatment of Ambatovy laterite ore by a pressure acid leach process, with recovery of the soluble nickel and cobalt values as mixed sulphide intermediate by precipitation with hydrogen sulphide, and subsequent refining of the mixed sulphide to nickel and cobalt metals. These process development studies were carried out primarily in 2004, as part of a bankable feasibility study for the Ambatovy Nickel Project. The Ambatovy orebody is located in Madagascar. The mini pilot plant testwork was carried out in the Dynatec metallurgical laboratory in Fort Saskatchewan, Alberta. The results of the testwork were very encouraging, including nickel and cobalt extractions in the range of 95.5% to 97.0%, and 94.0% to 97.0%, respectively, in the ore leach step with sulphuric acid. High recoveries of nickel and cobalt were achieved throughout the remaining process steps, yielding separate nickel and cobalt metal powders with better than acceptable purity.

Jan 1, 2005

By L. V. Chugaev, Y. M. Shneerson, P. V. Zaytsev, I. V. Fomenko, M. A. Pleshkov

"Pressure oxidation (POX) is one of the most common and reliable methods of processing gold-bearing sulfide concentrates. However, when processing concentrates that contain natural carbonaceous matter, substantial gold losses occur due to autoclave preg-robbing. The latter involves formation of gold chloride complexes under typical POX conditions (high temperatures, high acidity and high ORP) and subsequent sorption of these complexes by carbonaceous matter. Naturally, chloride ion plays a significant role in the process of autoclave preg-robbing; its concentration in POX solution has a well-marked effect on subsequent gold recovery during cyanidation of POX residue. The previous research done by SRC Hydrometallurgy showed that autoclave preg-robbing of gold could be significantly inhibited by the addition of mercury(II) compounds to POX slurry. The positive effect of mercury(II) was well pronounced both at high (>20 mg/L) and low (<5 mg/L) Cl concentrations in POX solution. The successful bench-scale laboratory testing was followed by pilot plant trials at Ore Test Facility in Blagoveshchensk, Russia. The present paper provides the results of these trials. The bench-scale testing results were verified; the optimum oxidizing parameters and reagent dosage were specified. The behavior of mercury (II) at POX pilot plant was found to be in good consistency with industrial practice described in the literature.INTRODUCTION Pressure oxidation (POX) is one of the most common, reliable, and commercially proven methods of processing gold-bearing sulfide ores and concentrates. However, when processing double refractory materials that contain natural carbonaceous matter, POX technology advantages are compromised by autoclave preg-robbing of gold. The latter occurs when natural organic carbon and soluble halides are both present in autoclave feed. Strongly oxidizing conditions of POX (high temperature, oxidation-reduction potential or ORP, and acidity) favor formation of gold-halide (mostly, gold-chloride) complexes, which tend to bond with carbonaceous matter. The exact nature and mechanism of this bonding is unknown, but as the result of this, cyanide is unable to leach gold from POX residue and the precious metal is lost to the tails (Axenov et al., 2014; Dimov, Chryssoulis, & Sodhi, 2003; Fomenko, Zaytsev, Pleshkov, Chugaev, & Shneerson, 2013)."

Jan 1, 2017

By V. Aprahamian, G. B. Harris, C. W. White, M. Tangen

"In 2005, the Royal Canadian Mint (RCM) commissioned a new silver electrorefining circuit. This circuit was intended to operate with a minimal electrolyte bleed for the control of copper. However, by the time of start-up, the levels of copper-rich silver doré to electrorefining had increased, and despite partial pyro-conversion in a small Top Blown Rotary Converter (TBRC), copper concentration in the silver anode still averaged 7.5%. This necessitated frequent replenishment of the electrolyte with fresh silver nitrate since copper displaced dissolved silver during electrolysis, and therefore requiring a robust copper bleed treatment step in order to maintain cathode silver flake purity at 99.99%. The originally-installed bleed treatment system could not meet the RCM’s needs. A thorough review of known technologies, however, did not indicate one capable of handling the copper load, and resulted, therefore, in the development of a novel copper hydrolysis approach for removal of copper as an insoluble basic nitrate salt, and recovery of the associated nitric acid for re-use in the circuit. Laboratory-scale trials showed reproducible results, and existing equipment was subsequently modified.INTRODUCTIONIn 2005, the introduction of a new silver electrorefining circuit at the Royal Canadian Mint (RCM) initiated changes in the way customer silver, collected from the gold doré circuit, was processed. These circuit changes were discussed in a recent paper (Aprahamian, 2015). A wastewater treatment plant had not been budgeted at the time, and this represented a significant constraint when considering the introduction of a wet processing circuit. After a review of various options, a turnkey silver electrorefining circuit was purchased from a European firm. Initially, enough cells were ordered to produce 2 million oz of fine silver (999), with the option to increase to 5 million oz. The selected equipment was based on a Moebius cell design combined with a silver grain pressure dissolver to produce make-up silver nitrate solution. Additionally, an evaporator/hydrolysis unit included in the package appealed to the Mint Refinery, on the basis that it offered a simple way to bleed dissolved copper in electrolyte without generating effluent."

Jan 1, 2016

By A. I. Gorshkov, Y. A. Bogdanov, O. Y. Bogdanova

Abstract - Detailed crystal-chemical study of iron and manganese oxides and some other minerals from low-temperature hydrothermal deposits in a newly discovered inactive mound in the TAG hydrothermal field were used to determine the precipitation sequence of mineral phases during lowtemperature processes and their post-sedimentary transformations. Particles of primary sedimentary X-ray amorphous proto-ferrihydrite with high silica content were replaced in situ by nontronite, ferrihydrite, or goethite during alteration. Ferrihydrite is the only proto-hematite phase. The transformation of the iron minerals, related to change in the physicochemical environment, is an important characteristic of low-temperature hydrothermal processes. The occurrence of hydrogenetic Fe vernadite and Mn feroxyhyte in the uppermost part of low-temperature deposits and bottom sediments near the base of the mound is evidence for cessation of low-temperature hydrothermal processes. Among the investigated mineral phases, goethite, nontronite, and hematite are stable in reduced sediments only.

Jan 1, 1999

By H. J. Oterdoom

SMS Group (SMSG) has always been concerned about safety aspects of electric smelter plants for the ferro-alloy and non-ferrous industry. The awareness for safety increased significantly over the past decades and also SMSG contributed with its design features to a safer operation. Today, safety aspects are not only part of the smelter design but also of the overall plant layout. Explosions in electric smelters are rare, but have a huge impact on peoples’ lives, on equipment and on production. For this reason, SMSG wanted to have a better overview of explosions within the smelting industry in order to see if useful statistics could be extracted. Generally, there is a lack of statistics regarding explosions in the electric smelting industry, and not enough information is collected or published. A significant portion of the explosions seems to be water related. Many companies, both operating and engineering, are trying to handle the risks of water, and apply methods to detect water leakages. Installing such a system is a management decision and management has then to make sure the system is properly implemented. The disadvantages and limitations of these systems should be carefully considered and communicated to operators and authorities.

Jan 1, 2015

By Dwayne D. Tannant

The Adra tunnel near Naramata BC experienced a fire in 2010 that burned timber sets within the tunnel and caused severe spalling of rock from the roof and tunnel walls. The nature of the damage is documented and efforts completed to rehabilitate and open a portion of this tunnel to the public are described. The use of shortcrete and rock bolts is a technically and economically superior support system to timber sets as well as being far more fire resistant.

Jun 1, 2012

By B. Arlyuk

On the basis of research of relations among the market participants the analytical model has been created which connects the price of industrial good at stock exchange with volume of sales and the stock of the sellers and buyers, Also a model was developed for assessment of these parameters of the market status by the actually fixed stock exchange and general market indicators. The composition of these models made it possible to create reliable system of short-term price forecasting for commodities or base metals up to one quarter ahead. Imperfectability of creation a model for reliable price forecasting by purely statistic methods (by the "black box" principle) was shown. A model of price behavior qualitative forecasting till one quarter ahead has been developed, which determines the probability of reaching in future of the given level as well as of the price maximums and minimums, Optimal values of threshold probability were determined for forecasting the future price maximums and minimums securing the maximum profit from the forecasting system application for commercial activity. The developed system of forecasting was identified for primary aluminium at the period of 1990-2003. The system was tested daily during 20 months period for speculations on 3M primary aluminium forwards at London Metal Exchange with high commercial result.

Jan 1, 2004

By Elaine Ellingham, Francis T. Manns

"Abstract -The Orostar and Scadding were two small gold mines owned and operated by Orofino Resources Limited. Conventional statistical treatment indicates an identical arithmetic mean grade of 0.22 oz/T Au for both mineable reserves. Further, the deposits are both shown to have cut weighted average reserve grade of 0.21 oz/T. Orostar mined out at 0.206 oz/T and Scadding at0.156 oz/TAu . The combined exploration and development database contained 1394 fire assays, more than enough for statistical confidence in a normal distribution. Therefore this study was initiated to determine, if possible, why the mill head grades were lower than the averages and to experiment with several methods to determine whether a reliable statistical mill head grade estimation method would emerge. Despite the identical reserve grades, distinct differences in the grade distribution histograms are present. By studying the arithmetic and log-normal grade distribution s, with some attention to South African practices, this paper reports on those differences which may account for the considerable divergence in the mill head grades. Furthermore, this study casts considerable doubt on the industry standard method of cut weighted averages.The global mill head grades of the two deposits have been derived from the arithmetic average grades by graphic means. This precise method of mill head grade prediction, if applied to complex orebodies, could permit selective grade control and result in direct cost savings by allowing the operator to detect false value stopes, benches or levels and emphasize reliable regions of not only gold mines, but also uranium or base metal deposits."

Jan 1, 1992