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By R. Tipman, T. C. Burnett

"A general computer program has been written to calculate material balances using multiple regression techniques. The program can handle metal assays or size distribution data obtained in multiple surveys of the flotation circuit. The ""best fit"" weight split is calculated between the input and product streams by minimizing the sum of squares of the residual errors using all of the available data. The program includes an assay adjustment feature in which each assay is recalculated to fit the ""best fit"" mass balance. Thus assay or sampling errors can be easily identified. Also the assays can be statistically weighted so the most precise measurements are given the most influence on the material balance. The computer output reports the mass balance, the actual and corrected assays, the percent metal recoveries and the significance and confidence levels for the weight splits.The program enables a rapid and accurate evaluation of mass balances from large masses of data obtained in multiple surveys around a flotation circuit. The effects of changing process variables can be quickly evaluated with statistical confidence."

Jan 1, 1978

By C. Veloo

"Westmin Resources operates a mine/mill complex at Myra Falls and produces copper and zinc concentrates with minor associations of gold, silver, and lead from a polymetallic, massive sulphide orebody. Mill flotation performance has historically been plagued by periods of uncontrollably high circulating loads leading to low concentrate grades and below optimal tails. This led to a detailed examination of the flotation process. Locked cycle, and pilot plant data are presented. In addition, plant design and commissioning as well as column cell details are discussed. A comparison between actual and predicted performance is also presented. Benefits realized are higher copper and zinc concentrate grades and improved zinc recovery.PrologueMyra Falls Operations is located at the south end of Suttle Lake in Strathcona Provincial Park. Access to the mine site is provided by a 90km paved highway from Campbell River, British Columbia.The mine and facilities are nestled in the narrow Myra Valley between Mount Phillips and Mount Myra. These steep, rugged mountains rise from the valley floor at an elevation of 900 feet to summits of almost 6000 feet. The steep slopes are heavily wooded with fir, hemlock, and cedar up to an elevation of 4000 feet where a transition to alpine meadows occurs. The summits are craggy rock faces, some capped with glacial ice. Myra Creek winds its way through the valley dropping several hundred feet into Suttle Lake. Precipitation is high at over 100 inches per year, which may include up to 10 feet of snow in winter. The temperature may range from 32° C in summer to -18° C in winter.Myra Falls began production in 1965 with the Lynx Mine, supplemented by the Myra and Price Mines in subsequent years, feeding a 950 stpd mill up until the middle of 1985 when the H-W mine was brought into production. The original mill was replaced with a modern 2700 mtpd facility and in 1988 production was increased to 4000 mtpd.Both Lynx and H-W mines are currently in production producing an average of 3650 mtpd. The ore minerals are primarily sphalerite and chalcopyrite, with subordinate galena, bornite, tetrahedrite, and electrum."

Jan 1, 1992

By Fei Dai

Musculoskeletal disorders (MSDs) are a group of painful disorders that affect muscles, tendons, nerves, joints, cartilage, and ligaments. They are a serious problem among the workforce in the United States. In the construction industry, high physically demanding tasks expose construction workers to a number of well recognized MSDs risk factors such as repetitive motion, high force exertion, and awkward body posture. Finding ways to effectively identify and evaluate risks of MSDs can significantly alleviate this problem. To this end, this paper reviews state of practice and research in the assessment of risks of MSDs among construction workers, in which a number of biomechanical models have been developed to evaluate joint and tissue loading with the aid of state-of-the-art remote sensing technologies. Findings from the review reveal that despite the advances in tracking human motion and muscle activities, current remote sensing approaches still involve sophisticated instrumentation and expensive experiment setup. These factors greatly limited the applicability of such approaches in real construction settings. How can we detect and evaluate the construction worker?s MSDs risk in real work environments? In this paper, strategies by utilizing video surveillance systems are presented, to set the stage for addressing the above question and discussing future research in real-time, marker-less, and costeffective MSDs risk assessment.

Aug 1, 2013

By K. H. B. Wenzl

"Since the autumn of 1973, the world's attention was captured by the startling revelation that conventional energy supplies were not inexhaustible but were in fact quickly dwindling with future shortages imminent until lagging exploration and technology yielded additional energy sources to catch up with the spiralling increase in demand. This situation was precipitated by the Arab Oil Embargo and the resulting soaring cost of world crude oil.During the past few years there has been tremendous activity in the energy field which has had a direct impact on the Inca Metals Company Ontario Division operations. The company's reaction has been to establish an energy management program which will be described later in the paper. First, a brief description of the Inca Metals Company and the primary energy resources which are utilized will assist in putting the program into perspective.The Inca Metals Company, a unit of Inca Limited, is responsible for the production and sale of primary metals products worldwide. The company's operations in the Sudbury District include mines, ore concentrating plants, a Smelter, Nickel and Copper Refineries and an Iron Ore Recovery Plant. The Ontario Division also has a mine and concentrating plant in Shebandowan near Thunder Bay, and a metals refinery at Port Colborne. Inca is the largest producer of nickel in the non-communist world and is also a major producer of copper and platnium group metals."

Jan 1, 1978

By Steven R. McCutcheon

ABSTRACT - The Bathurst-Newcastle district, a subcircular area approximately 50 km in diameter, contains 37 massive-sulfide Zn-Pb-Cu deposits that have defined tonnages, and has 58 additional significant occurrences. The largest deposit is Brunswick No . 12, with total reserves (including past production) of 148 million tonnes grading about 12.50% combined Pb-Zn. The deposits/ occurrences are spatially associated with a felsic volcanic pile that contains a significant sedimentary component. In the vicinity of the Brunswick deposits the pile is divisible into lower and upper sequences. The lower is characterized by megacrystic rhyolite (QFAS) and coarse- to fine-grained quartz ( ± feldspar) wackes and/or tuffites (QAS); the upper sequence is characterized by aphyric to sparsely porphyritic rhyolites (HWR), micro-breccias, and acid hyaloclastites with interbedded dark gray sedimentary rocks. A greenish gray to dark gray siltstone (GGS) separates the two sequences and hosts the sulfide deposits. Lithogeochemistry of !east altered samples shows that the QFAS and HWR have an igneous character, whereas the QAS and GGS have a sedimentary sig­ nature. The two types can be distinguished on the basis of total alkalies (Na2O + K2O) versus SiO2/Al2O3, and Ti02 versus Fe/(Fe+ Mg). Some trace elements, such as Sr and Y, also help differentiate the two types. The QFAS differs from HWR by having higher La/Yb ratios but lower Zr and Th. The Bathurst deposits do not show a close spatial association with rhyolites but rather are stratiform bodies (lacking clastic textures) within fine-grained sedimentary rocks. The scarcity of barite and other sulfates indicates that there was little mixing between the metal­ bearing fluids and cold seawater. High Fe/(Fe+ Mg) ratios in chlorites also indicate the fluids did not contain a significant seawater component. These features and the large size of many deposits suggest that the deposits formed from metal-rich pore waters that were released catastrophically from an acquifer in the footwall stratigraphy.

Jan 1, 1992

By C. J. Brown

"Access to the outside world is supplied by the Alaska Highway to continental Canada and the United States, the Haines Highway, and by the White Pass & Yukon Route to Skagway and Vancouver. Communities and mining developments located along the Alaska Highway are supplied daily by truck transport with commodities originating in Whitehorse, Edmonton, and Vancouver.The average payload on the Alaska and Mayo Highway is in the order of 16 to 25 tons and is subject to government regulations. Highway haulage distances to railhead at Whitehorse vary as does the direction. The Clinton Creek asbestos development is located 395 road miles north-west of Whitehorse whereas the United Keno Hill operation is 287 miles to the north. Cassiar Asbestos is located in Northern British Columbia at a distance of 357 miles south-east of railhead at Whitehorse. In order to service these various mines multipurpose highway vehicles have been designed to allow maximum backhaul of petroleum products. The White Pass & Yukon Route was established as an integrated transportation system from 1955 when it became apparent that three non-integrated systems (ship, rail and truck), with the various paper work and rising costs, could not continue to serve the needs of Yukon. Integration became the company policy and a system was developed. A special container ship (Clifford J. Rogers) was designed and built. This was the first specially built container ship in the world. The northern container integrated system was operational in 1955.In 1965 over 8.5 million dollars were spent in upgrading the container facility and the construction of a tanker-container ship designed specifically to serve Yukon and Northern B.C. This program was based largely on experience gained with the original container concept. Two tanker-container ships handled"

Jan 1, 1973

By Philippe Angers

This article analyzes the social acceptability process of a mining project located in an existing city. It will explore how the principles of sustainable development have been integrated in the project of the Canadian Malartic open pit mine held by the Osisko Mining Corporation, and the corporate social responsibility (CSR) initiatives proposed to strengthen the social acceptability of the project. This mine is located on the ancient south quarter of Malartic and has required the displacement of hundred of houses and five institutions. The location and the inherent social impacts generated by the relocation of the citizens of the south quarter makes this case particularly interesting to understand social dynamics in an era of environmental consciousness. These major constraints of the mine generate high expectations within the urban population with regard to the social and economic benefits it will receive from the project. In a context where society demands higher CSR from the corporation, Osisko is closely followed regarding their actions toward the sustainable development principles to see if they respect the environment and the desires of the community. From the beginning, the company had to be a model of sustainable development in various aspects reflected by the manifold interest of the population. To understand the endeavor made by the company to fulfill the demand of CSR, we will analyze how the company understood sustainable development principles and what CSR initiatives Osisko company put forward. We will explore the involvement of the company in various social aspects like employment, employee satisfaction, and the level of commitment to non-discrimination policy in employment, notably with the native populations. We will also take a closer look at the relationship built by the company with the community and the level of commitment with the various stakeholders of the community. In this way, we will be able to seize the level of involvement of the company in the fulfillment of the principles of sustainable development toward a higher CSR, and to specify the trajectory adopted to build social acceptance.

Aug 1, 2013

The purpose of this paper is to present the methods used in ground water control and the considerations that affected the development of these techniques. Production at Knob Lake is currently proceeding at depths which may be as much as 200 feet below the original standing water table. In order to produce a more saleable product and to improve operating and maintenance conditions, it is necessary to depress the water table below the mining level. Considerable success has been achieved by drilling deep wells in strategic locations and installing vertical tur-bine pumps at depths of up to 400 feet. This method is especially suitable for operation under severe winter conditions and has reduced the detrimental effects by a far greater extent than other methods of water control, Spring runoff is handled in open sumps, but all other water from four mines, with flows exceeding 16,000 g.p.m., is pumped all year 'round from about thirty-five wells. T HE Knob Lake operation of the. Iron Ore Company of Canada is located on the Quebec-Labrador border, 320 miles north of Sept Iles,

Jan 1, 1965

The purpose of this paper is to present the methods used in ground water control and the considerations that affected the development of these techniques. Production at Knob Lake is currently proceeding at depths which may be as much as 200 feet below the original standing water table. In order to produce a more saleable product and to improve operating and maintenance conditions, it is necessary to depress the water table below the mining level. Considerable success has been achieved by drilling deep wells in strategic locations and installing vertical tur-bine pumps at depths of up to 400 feet. This method is especially suitable for operation under severe winter conditions and has reduced the detrimental effects by a far greater extent than other methods of water control, Spring runoff is handled in open sumps, but all other water from four mines, with flows exceeding 16,000 g.p.m., is pumped all year 'round from about thirty-five wells. THE Knob Lake operation of the. Iron Ore Company of Canada is located on the Quebec-Labrador border, 320 miles north of Sept-lies, a seaport

Jan 1, 1965

By Roger J. Higgins

Papua New Guinea is a country on the cusp of development, struggling to find a balance between the demands of national and regional growth, landowner expectations and the maintenance of cultural identity. Ok Tedi Mining Limited is the single largest contributor to PNG?s economy, representing about 10 percent of the country?s GDP. OTML is demonstrating that business and country risk can be managed through effective, respectful partnerships with local communities. OTML?s relationships with the communities of PNG?s Western Province are multifaceted. Communities have borne the brunt of the mine?s environmental impact, yet have benefited enormously from the development that the mine has brought. Importantly, the PNG economy is now the ultimate beneficiary of more than four-fifths of the dividends from the mine, the majority of which are held in trust for long-term sustainable development projects. The paper describes how OTML works with the Western Province communities to create a secure operating environment that recognizes the people?s aspirations for development and self-determination.

May 1, 2002

By I. R. Muirhead, A. L. Craven

The trend in mining thermal coal is only to mine coal with the lowest sulphur content. In many coal seams, bands of coal with high sulphur content are often present, generally occurring either at the roof or floor level. Methods of selective mining are, therefore, necessary to recover only the low sulphur coal. This paper examines the methods currently in use in mines and the alternative methods that are able or have potential to offer control of shearers and continuous miners where greater thicknesses of coal have to be left in the roof and floor. These alternative methods rely on such characteristics as neutron gamma radiation; electromagnetic waves; vibration; infrared; infrared; optical; pick force; X-ray fluorescence; conductivity; gyroscopes and laser systems.

Jan 1, 2000

By W. J. Tough

THIS paper offers examples of some of the typical calculations which occur in the ventilation of metal mines. The fi.rst section of the paper discusses the problems associated with natural-draft pressure; the second section presents the more common of the calculations concerned with the operation of mine fans; the third section illustrates the integration of the individual problems covered by the preceding sections into the larger problem of determining the operating characteristics of a fan for a particular mine duty. There is a very definite limit to the extent to which pure arithmetic can be successfully applied to the solution of min<; ventilation problems. As mines advance from the exploration, development, and initial production stage to the rime when underground workings become exceedingly complex, there is a considerable increase in the relative importance o theory and judgment in the solution of ventilation problems. These calculations illustrate the application of mathematics to ventilation, but they also in-elude examples of instances where arithmetic cannot be conveniently applied, and important estimates, based on judgment compounded of experience and a knowledge of the theoretical consideration involved, must be made. The inclusion of such estimates is intended as a guide and a warning to the reader; a guide in assisting him to recognize and estimate his own incalculables; and a warning that the solutions must not be blindly applied to his apparently similar problems. These sample calculations are intended to assist the reader in applying the theory contained in the standard texts on metal-mine ventilation. They have been selected from the ventilation experience of a British Columbia mine.

Jan 1, 1942

By M. B. McClenaghan

"This paper summarizes diamond exploration techniques used in glaciated terrain, focussing on indicator mineral and geochemical methods applied to glacial sediments. Understanding the ice flow history, depositional history, and stratigraphy of glacial sediments is essential to successful sampling, interpretation and follow-up of indicator mineral and geochemical anomalies related to kimberlites. Kimberlite indicator minerals survive glacial transport over long distances and the relative abundance of each mineral in till is a function of the primary mineralogy of individual kimberlites. Indicator mineral distributions observed at a regional scale define the net effect of glacial dispersal, often along different ice flow directions. Local-scale distributions define individual dispersal trains. The medium sand (0.25 mm to 0.5 mm) fraction of heavy mineral concentrates, * GSC Contribution No. 2002028 prepared from glacial sediment samples, is best suited for indicator mineral surveys. The application of till geochemistry to diamond exploration is increasing because it is significantly cheaper than indicator mineral analysis and it can be performed quickly. The <0.063 mm (silt+clay) and 0.5 mm to 2.0 mm (coarse sand) fractions provide the best geochemical contrast between background and kimberlite-rich till. Kimberlite pathfinder elements that provide good contrast include Ni, Cr, Ba, Co, Sr, Rb, Nb, Mg, Ta, Ca, Fe, K, Ti and LREE, the relative importance of which will depend on kimberlite composition and that of the surrounding bedrock.IntroductionIn Canada, glacial erosion is the principal means by which kimberlite and its associated minerals have been dispersed, from a few tens of metres to tens of kilometres down-ice. Post-glacial weathering has had little impact on kimberlite debris in the glacial sediments, thus boulder tracing, indicator mineral methods and trace element geochemistry of the fine fraction of till (“drift prospecting” methods) can be used to detect kimberlite dispersal within areas covered by glacial sediment. This paper provides a summary of drift prospecting methods for kimberlite exploration in glaciated terrain, and includes examples of reconnaissance- , regional- and local-scale kimberlite indicator mineral and till geochemical distribution patterns.Weathered kimberlite is more susceptible to glacial erosion than the surrounding bedrock, thus many kimberlites in glaciated terrain are found in low or swampy ground, under small lakes, or covered by thin (< 1 m) to thick (>50 m) glacial sediments. Glacial erosion has removed varying amounts of the pre-glacially weathered kimberlite and, in some cases, the hard competent kimberlite below. For example, glacial erosion of the Peddie, McLean and Seed kimberlites near Lake Timiskaming, Ontario, removed pre-glacially weathered kimberlite, leaving a polished striated subcropping surface (McClenaghan et al., 1999a). In contrast, glacial erosion of the B30 kimberlite, near Kirkland Lake, Ontario (Fig.1), was much less vigorous and left a >10 m cap of soft and highly weathered dark green clay-rich kimberlite (McClenaghan et al., 1996). The thickness of remaining pre-glacially weathered kimberlite will influence the geophysical signature of the kimberlite."

Jan 1, 2002

By Chris Brown

"The Island Copper plant was designed and built by Fluor Utah Ltd, in conjunction with Utah design staff, Originally designed to treat 33,000 tons/day (t/d) of ore, the current average milling capability is 38,000 t/d (Nov'74). The first of six semi-autogenous grinding lines was brought on line in October 1971, startup of the remainder being governed by equipment delivery schedules.The summer of 1973 saw the start-up of an additional three ball mills, and attainment of the present production level. The current process flowsheet is shown in simplified form.CRUSHINGThe crushing circuit is relatively simple, comprising single stage crushing of the ore followed by screening to fine and coarse fractions.The crusher is a 54 x 74in. Allis Chalmers Superior Gyratory with a setting of 9-lOin., driven by a 500-hp motor. Trucks dump on three sides of a rectangular dump pocket. An 84in. x 20ft. link belt apron feeder draws crushed ore from a 250-ton surge bin below the crusher, discharging onto a 72in. wide inclined steel cord conveyor belt. A fixed splitter box at the conveyor discharge separates feed to two parallel Jeffreys 6 x 20ft. vibrating grizzlies for screening into +4in. and -4in. fractions. The fractions are collected on short reversible conveyors which feed the coarse and fine ore stacker conveyors. Trippers distribute ore to outside stockpiles adjacent to, and above, the concentrator grinding 'floor."

Jan 1, 1975

By R. E. Jones

"Crusher sizing and application in mining operations is the selection of a crusher or a series of crushers to reduce run of mine ore to a size suitable for either autogenous or conventional grinding. It is important that the crusher or crushers be sized to operate within the range to which they have been designed. By the range to which they have been designed, we mean that the reduction ration must be held between specified limits. Reduction ration is the relationship between feed size to product size.In todays plants reduction is usually accomplished in three stages by primary, secondary and tertiary crushers.Primary crushers are either jaw or gyratory and are designed to handle run of mine feed at an open side setting of 5-1/2” to 7”. Reduction ration should not exceed 7 to 1.Jaw CrushersThe model size of a jaw crusher signifies the feed opening. A model 60 x48 jaw has a feed opening 60” wide by 48” long. The 48” is the dimension between the top of the swing jaw and the top of the stationary jaw. The 60” is the width between the two side frames. The crusher open side setting is the discharge opening at the bottom of the crushing chamber with the jaws in an open position. When corrugated jaw plates are used, the open side setting is measured from tip of one jaw plate to the valley of the opposite jaw plate. If a jaw crusher has a 6” open side setting with a 1” jaw motion, you could also say it has a 5” closed side setting."

Jan 1, 1974

By B. Wasmund, M. Y. Solar, I. Candy

The nickel laterite industry is divided into two camps when it comes to the grade of the ferronickels produced. One group, led by Falcondo and Cerro Matoso, markets high-grade ferronickels in the range of 35 to 40% nickel, while another group, led by SLN and the Japanese smelters, favour lower grades in the range of 20 to 25%. Because the ores processed by these smelters vary widely in terms of nickel content and iron to nickel ratios, it is probably more accurate to classify these smelters in terms of their iron recovery: Falcondo and Cerro Matoso smelt at lower reduction potentials and thus recover only 15 to 30% of the iron in their ores, while SLN and the Japanese smelters are very reducing and recover 45 to 65% of their iron. Low reductions generally imply higher slag losses and lower nickel recoveries, but also lower power and reductant requirements; higher reductions, the reverse. The question is, therefore, whether an economically optimum ferronickel grade exists for processing any given ore. This paper proposes a methodology for determining this optimum grade and concludes that nickel laterite smelters should favour low reductions and production of high-grade ferronickels.

Jan 1, 2008

By Fathi Habashi

"A process is proposed for the treatment of phosphate rock for the recovery of uranium and the lanthanides. The process assures the production of phosphatic fertilizers without polluting the environment with radioactive material.IntroductionWhile many processes for uranium recovery from phosphoric acid produced by the H2S04 route are known and utilised commercially, little is known about uranium recovery from phosphoric acid produced by the HN03 route1. Advantages of the latter route are both the elimination of the gypsum disposal problem, and the possibility of radium disposal in a controlled way2. Further, the lanthanides originally present in the rock can be recovered if the nitric acid route is used; they will be mostly lost in the gypsum produced by the sulphuric acid route3. In the present work a scheme for the recovery of uranium and the lanthanides from phosphate rock without interfering with the normal route for fertiliser production is proposed using HN03 as a leaching agent. Attention was also given to uranium decay products and their separation so that they might not contaminate the fertiliser4. Further, an attempt was made to defluorinate the leach solution in order to upgrade the fertiliser and at the same time recover the fluorine5. Rapid analytical methods for the determination of uranium, radium, and lanthanides in phosphate rock were developed6,7."

Jan 1, 1997

By J Petrolito

"To improve the economic and environmental performance of underground mining operations, it is common practice to return the metallurgical waste material underground as backfill. This is called hydraulic backfill and is used to fill the mined-out areas not exposed to further mining. To provide mechanical support for underground mining a cemented backfill is normally used. Since its introduction, cemented backfill has allowed mining companies to increase their ore extraction and improve working and environmental conditions. However, cemented backfill represents up to 50% to 85% of the mine’s operating cost compared with 5% to 10% for hydraulic backfill.These economic pressures have led mining companies to carry out research into the partial or total replacement of cement using a variety of alternative materials. The materials are generally site-specific materials, readily available, and cost-effective relative to cement. Such investigations have led to reduced cost of many backfill mixes while maintaining, and in some cases improving, the physical properties of cemented backfill. However, in most cases, cement still remains an integral part of any binder combination. This can be attributed to the alternative binders investigated being either non-binding materials or capable of generating only low-strength backfills, except when used in conjunction with cement.This paper provides a historical review of backfilling binder materials and their characteristics. In particular, it reviews the many alternative materials that have been proposed to either partially or fully replace Portland cement as the main binder."

Jan 1, 2005

By A. Himsley

"There is an ever-increasing demand these days for efficient methods of removing metals from solutions especially for selectively recovering a particular metal from a mixture of metals in solution.Up until the mid l 930's the only methods widely practiced for such separations involved precipitation techniques or electrolysis. Both these methods have limitations and indeed can only be used for certain metals.It is only within the last 40 years or so when synthetic ion exchange materials became available that chemists in industry and universities have been able to apply ion exchange techniques to a wide variety of separations that not only would be impossible by precipitation methods but which are now achieved with much greater efficiency.Ion Exchange TechniquesIon exchange is a unit process that can be applied using either liquid ion exchangers or solid resin particles. Liquid ion exchange - or solvent extraction as it is often referred to - is used in a number of special areas dictated mainly by the nature of the separation.On the other hand, ion exchange resins are much more widely used and consequently a great deal more is known about their application to a variety of metal separations.In both systems there is a loss of the ion exchange material which in the case of solvent extraction results in hydrocarbons going to waste. The ion exchange resin systems lose resin in the form of small particles, referred to as ""resin fines"", and these are insoluble.The loss of liquid ion exchanger is due to the fact that it is slightly soluble in water and consequently the loss is a function of the volume of liquid with which it comes into contact and is not related to the amount of metal processed."

Jan 1, 1975

By J. Y. Murdoch

TAXATION has become a major item in the operation of Canadian mines, and, as such, merits our most serious consideration. I feel it was a splendid idea for the Institute to set aside this time for a frank discussion of this important subject, and believe great benefit will result from a better understanding of the methods and underlying principles involved. Mining, as a great national industry, may quite properly be called upon to pay its fair share of the cost of running the country; and there is no tendency on our part to avoid this responsibility. There is, however, a very definite demand that the proportion be just, and fairly and sensibly applied. I believe that Mr. C. G. Williams, Secretary of the Canadian Metal Mining Association, and others, are giving details of the various Provincial and Dominion regulati6ns, so I shall not touch on that phase of the situation. However, there are some important factors to which I should like very briefly to call your attention. The first is the vital need for stability. As you all know, a considerable period must elapse between the preliminary stages of any mining venture and the time when it comes to production-or is finally abandoned as un-profitable. These early days are fraught with many unavoidable uncertainties. If, to these natural hazards, the apprehension of instability of governmental action be added, the risk becomes so great that capital seeks other and safer fields for investment, and many otherwise promising projects are thus discarded. There probably never has been a time in recent years when so much money was seeking investment as now. Under favourable conditions, the development of our great mineral resources would be a natural and attractive outlet for this money. The amount of taxation which the mining industry can properly absorb is of the utmost importance at this time, and it might be well to consider this question in its relation to the economic stability of our country, for it cannot be too greatly emphasized that direct taxation is only one item in the net return which our governments derive from the mining industry. Indeed, the many indirect benefits are so manifest that it would seem almost unnecessary to enumerate them! We almost invariably think of mine taxation as a direct company tax-overlooking the fact that sales tax, customs duties, acreage tax, income tax on mine dividends, foreign shareholders&apos; dividend tax, and others, must all be taken into consideration. It would seem that the economic value of non-ferrous metal mining in Canada is not sufficiently understood and appreciated.

Jan 1, 1935