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By CIMVAL

This Code for the Valuation of Mineral Properties (the “CIMVAL Code”) is the result of a review more than a decade after the release in 2003 of the “Standards and Guidelines for Valuation of Mineral Properties” (the "2003 Standards"). The purpose of the review is to update the 2003 Standards to reflect domestic valuation, international valuation, and regulatory developments. The CIMVAL Code was adopted by the Canadian Institute of Mining, Metallurgy & Petroleum (the "CIM") Council on November 29, 2019. The CIMVAL Code supersedes the 2003 Standards. The 2003 Standards were dated February 2003 and were adopted by the CIM Council on March 9, 2003 as the first comprehensive set of standards for Valuation of Mineral Properties in the Canadian mining industry. The 2003 Standards followed recommendations of the Mining Standards Task Force of the Toronto Stock Exchange and the Ontario Securities Commission, where in its Final Report (January 1999), the CIM was specifically asked to form a committee of valuation practitioners to review and advise on standards for the Valuation of Mineral Properties. The Special Committee on Valuation of Mineral Properties ("CIMVAL") was created on May 5, 1999 with the mandate to recommend standards and guidelines for Valuation of Mineral Properties to be used by the mining industry in general. The CIMVAL Code is limited to the Valuation of Mineral Properties (including any interests therein) and does not cover valuation of corporations or other entities that hold Mineral Properties as assets. The CIMVAL Code does not cover petroleum and related assets. CIMVAL recommends that the CIMVAL Code be followed for all Valuations of Mineral Properties, including those required by securities administrators and stock exchanges. However, when a Valuation is required under the applicable rules of securities administrators or stock exchanges, such rules prevail to the extent of any inconsistency.

Nov 29, 2019

By W. C. Whittaker

COMPLETED in November, 1943, at a cost of over $1,500,000, Elk River colliery of the Crow's Nest Pass Coal Company, Limited, has been laid out and equipped for an ultimate annual production of 1,000,000 tons and replaces the recently closed Coal Creek plant, which has been operated by the Company for the past forty-five years. The project has involved the opening of mines in three seams, the construction of a complete set of colliery buildings, including a modern preparation plant of 360 tons per hour capacity, and the laying out of the necessary yard tracks and spur connecting the new development with the Company-owned Morrissey, Fernie and Michel railway, which, in turn, connects with the Canadian Pacific railway at Fernie. The colliery is three and a half miles east of Fernie, B.C., near the southern end of the Crow's Nest coal field, which contains the largest and most important body of coal in the Province of British Columbia. The coal-bearing horizon is the Kootenay formation, present in the form of a syncline covering an area of 230 square miles. Most of the coal seams occur in the lower 2,000 feet of the formation, the covering beds being largely coarse sandstones and conglomerates of great thickness, the presence of which accounts largely for the preservation of the coal measures. James McEvoy, in the report of the Geological Survey of Canada for the year 1900, states that the basin appears to contain a fairly constant coal content of nearly 172 feet in 23 seams of a thickness of one foot or over. Coal has been mined in the Fernie district since 1897 and the first shipments were made from Coal Creek colliery in the following year, over the then newly constructed British Columbia Southern railway. Since that time, a total of over 16,000,000 tons of coal has been produced, an average of 350,000 tons per year. The7ears of peak production were 1910, 1912, and 1913, with an all-time high of 924,000 tons in 1913. The lowest output in the history of Coal Creek was that for the year 1933, when only 60,340 tons were produced, the colliery being closed for some months. Present production from Elk River colliery averages 1,150 tons per day, the output being considerably less than it could be were sufficient man-power available.

Jan 1, 1944

By S. Harshaw, C. Doyle, A. E. M. Warner, D. Stremlaw

"In the Utility Nickel furnaces, the hearth and sidewalls are lined with high-Al2O3 bricks. During charging and thermal cycling (more so as the linings on these reverberatory furnaces age), pieces of brick spall or abrade from the refractory and collect on the top of the bath. These pieces are removed using a non-corrosive slag toward the end of the heat when the bath temperature is ~1600°C.This benign liquid can be generated by two methods. First and most obvious, suitable ingredients can be pre-mixed so that the flux (flux A) is isochemical with the non-corrosive slag. All that is needed to produce this targetted slag is heat. Second, in other proportions (flux B), the pre-mixed ingredients generate a corrosive slag that melts completely at -1200 °C and corrodes some but not all of the brick particles on the bath surface. As the reaction progresses, the slag changes composition eventually attaining the targetted benign composition. Using this option, additions are monitored to avoid overfluxing. In both cases, the generated slag/brick mixture can then be rabbled from the furnace. This practice has been successfully used for over two years and has been a factor in extending Utility Nickel furnace life to its current levels (about25% increase)."

Jan 1, 1993

By J. W. Austin

"Introduction The Brenda dust collection system was originally designed to handle air at the 5000 ft. elevation with less than 1 grain of dust per cubic feet of air handled. The temperature variation is from 32°C in the summer to -20°C in the winter.DUST COLLECTIONOriginal Equipment 1. Primary Crusher 2 compartment baghouse, shaker type design capacity - 17,000 cfm2. Primary Screening 3 compartment baghouse, shaker type design capacity - 30,000 cfm3. Secondary Crusher 4 compartment baghouse, shaker type design capacity - 45,000 cfm4. Secondary Screening 4 compartment baghouse, shaker typedesign capacity - 60,000 cfmThe original dust collecting equipment was designed using a napped terylene fabric at an air to cloth ratio of 5:1. The ducting was designed to handle the dust laden air at 3200 ft. per minute with all elbows and blast gate sections rubber lined. The hoods and the pickup velocities were designed to handle the anticipated low dust counts."

Jan 1, 1976

By F. J. MacPherson, A. C. Caron

"Cassiar Asbestos Corporation Limited is at present B,C.'s only asbestos mining company, and has been actively engaged in the management and operation of the Cassiar Mine since the early 1950's. The Cassiar operations are located between 3,500' and 6,600' elevation in a secluded mountainous area of northern B.C., approximately 100 miles by road southwest of Watson Lake in the Yukon Territory. Climatic conditions in this area range from mild warm in the summer, to extremely cold during the long winter period.The minesite itself is located over a mile above sea level at the top of McDame Mountain, where year round 24 hours per day miners extract the chrysotile ore from the surrounding waste by standard open pit techniques. The ore body dips into the mountain at about a 45° angle, and as the mining progresses, larger stripping ratios are required. Waste to ore ratio this year will be more than 10 to l whereas only a few years ago ratios of 3 or 4 to l were possible. After drilling, blasting, and loading by shovel onto trucks, the asbestos ore is transported to the Primary Crushing Plant for crushing prior to transport by aerial tramway more than three miles to the Concentrator and Mill in the valley below, where the fibre is extracted from the barren host rock serpentine and milled into numerous grades for shipment to asbestos users round the world. The major air usage is associated with the milling process, presently requiring over 500,000 CFM, with future requirements expected to exceed 840,000 CFM by the end of the decade."

Jan 1, 1976

By Michel Lefebvre, André Piché

Every organization performing R&D is faced with the challenge of introducing new technologies to its operations. Difficulties must be overcome if companies are to realize the benefits anticipated from such developments. This paper outlines the difficulties encountered in transferring to operations various technologies developed at the Mining and Exploration Division of the Noranda Technology Centre. The approach used in the selection of a privileged partner for the technology transfer, the criteria motivating the choice and the process followed to establish the partnership are presented.

Jan 1, 1997

By J. B. Keast

Introduction The last two or three decades have been marked by striking developments in methods of mining and tunnelling. In view .of increased competition and various economic factors, intensive ' mining has been largely practised, and no effort seems to have been spared to increase outputs and lower the cost of production. In metalliferous mining, the compressed-air rock-drill has effected marked savings in this direction, while in coal mining, the coal-cutting machine has revolutionized mining methods and materially contributed to economical working. Yet, for many years, little or no advance was made in methods of handling the rock, or coal, once it had been successfully broken. Loading by hand is, undoubtedly, the most laborious occupation in the whole of mining operations, and it is also the greatest single item that enters into the cost of production. In view of this, the lag of improved handling methods behind the process of winning the rock or coal is rather surprising. The point, however, was appreciated by mining men, and the introduction of various forms of conveyors and loaders is the result. The belt conveyor, the chain conveyor, the shaker conveyor, and the mechanical shovel entered various parts of the field, but it was left to scraping to provide a method of both conveying and loading. From the pure loading point of view, the choice lies between mechanical shovels and scraper loaders. While it is realised that each of these machines has applications peculiar to itself, yet it should be realised that much work which has hitherto been done by mechanical shovels can be done equally effectively with scraper loaders and at a considerable saving both from the point of view of initial outlay and upkeep.

Jan 1, 1933

By J. Tuzo Wilson

Abstract A division of part of the Canadian Shield into provinces believed to represent former mountain belts is attempted, special emphasis- being laid upon radioactive age determinations, the relation of Archaean to Proterozoic rocks, and the structure of the Grenville province. Original data on the distribution of radioactivity within several batholiths and their connection with ore deposits are' presented. The possible growth of continents and a theory which explains the shape and distribution of the world's younger mountain and island areas are discussed and applied to the Canadian Shield in an attempt to explain how the growth and present structure came about. The relation of the major mining camps of northeastern Ontario to fault zones is discussed in the light of this theory. Introduction The valuable symposium issued by this Institute to celebrate its jubilees emphasizes the important role of major faults in determining the location of many ore deposits in the Canadian Shield. Many of these faults are known to extend for long distances. It is therefore widely appreciated that it would be of great value if the pattern, ages, and causes of these faults were better understood. This would be particularly useful if the relations of the major fault systems to petrological and metallogenic provinces and to former mountain belts could be established. Each year the volume of available data, and hence the chance of reaching a fuller solution of this problem, increases. This article is a review of the present situation. It is accordingly based almost wholly upon the work and ideas of others, which are gratefully acknowledged. Naturally, responsibility for the selection and marshalling of the data is the writer's.

Jan 1, 1949

By C. C. Walden, A. Bruynesteyn

"Chemical and biological aspects of the formation of acidic effluents from sulfide waste materials are discussed. Test procedures to determine the acid producing potential of waste materials, as well as the characteristics of such acidic effluents, are presented. Practical applications of the test procedures are discussed with reference to predictior of environmentally unacceptable drainage and to estimation of metal recovery by dump leaching.INTRODUCTIONNatural leaching of sulfide minerals, exposed to the atmosphere, has been occurring for geological time. For centuries, man has been aware of the acid drainage originating from coal workings, copper mines and waste dumps. With the advent of the technical sciences, the processes involved in acid mine drainage production were considered to be solely chemical in nature. However, in 1947, it was shown (1) that a specific microorganism, called Thiobacillus ferrooxidans, was responsible for acid mine drainage from coal workings. It was demonstrated that under suitable conditions - this bacterium oxidized pyrite and marcosite in the coal to ferric sulfate and sulfuric acid. Numerous studies have subsequently demonstrated that - under suitable conditions - Thiobacillus ferrooxidans can attack most sulfide minerals, producing weak sulfuric acid, oxidizing ferrous to ferric iron and solubilizing other metals present (notably copper and zinc) as their sulfate salts."

Jan 1, 1980

By Guy Chevalier

The QCM Mount-Wright mine and concentrator complex produces about 14 M tonnes of iron concentrate annually. Approximately 9.5 M tonnes of this concentrate are used to produce iron ore pellets at four different silica grades: Three for blast furnace operations and one for direct reduction furnaces. The paper presents the scientific approach that led to the realization of two projects where the acquisition of new process equipment led to an improved pellet plant iron recovery, a better flexibility and to lower operating costs as well as to the production of fine iron ore concentrate from the Port-Cartier tailings pond. Typical 4.8 % SiO2 concentrate is processed to achieve required pellet silica content. This is obtained with the aid of hindered settlers or hydraulic classifiers, screens, whims and, lately, spirals. The increasing demand for low silica iron ore products resulted in a greater need for upgrading. The Pellet Plant upgrading capacity being limited, more and more iron units were lost. Base on test works results and economic evaluations, QCM engineers figured out a way to increase efficiently their upgrading plant capacity and go back in the pond gather what has been lost in recent years of operation.

May 1, 2007

By C. J. Preston, R. E. Ström, G. R. Baiden

"On January 1st 1996 Inco Limited, Tamrock OY, Dyno Explosives Group and CANMET formed a consortium for the development of robotic mining equipment. This project is a five year research and development agreement that combines the talents of the above organizations to facilitate the creation of mining equipment and systems for robotic mining.The projects are based on the communication system developed by Inco Mines Research and currently sold and marketed by Automated Mining Systems Limited. Main projects include the development and implementation of a positioning and navigation module (including a software mapping system that will be inherent to each piece of equipment), robotic systems for development and mining, and software systems to support the use of this equipment. Included in the program is the establishment of a test mine, at Inco’s 175 ore- body at Copper Cliff. This facility will allow collaboration of companies and research organizations for the design and testing of techniques and equipment for Robotic mining.This paper discusses the creation of this new research alliance, the Mining Automation Program or MAP."

Jan 1, 1997

By R. Laplante, P. Radziszewski, P. De Ciccio

"Predicting the effect of wear can lead to improved control strategies that can possibly minimize the risk of catastrophic failure due to wear while maximizing useable life. In the field of geological exploration, diamond drill rod wear illustrates just such a case. Wear conditions vary with geological formations and compositions. The objective of this paper is to determine a general relationship, based in theory and practice, that will approximate drill rod wear and therefore predict remaining drill rod life in the context of Canadian, Australian and South American drilling campaigns. Simulation results allow the definition of simple graphical tools that permit the estimation of the potential drill depth remaining on a given drill rod string. IntroductionWear, in many industrial processes, is an undesired phenomenon for which enormous efforts are made to control, if not eliminate. However, wear, in many other cases, is an intrinsic phenomenon of the given process. In such cases, predicting the effect of wear can lead to improved control strategies that can possibly minimize the risk of catastrophic failure due to wear while maximizing useable life. In the field of geological exploration, diamond drill rod wear illustrates just such a case where abrasive conditions vary with geological formations and compositions.A number of studies have been published on drill rod wear especially with regards to the petroleum industry over the last thirty years (Lewis, 1968; Rollins, 1968; Smith, 1978; White 1978; Rowe and Wilson, 1981; Cheng, 1982; Eustes, 1986; Dudman et al., 1989; Besaisow et al., 1990). Of these, most studies covered management techniques (Rollins, 1968; Smith, 1978; White, 1978; Rowe and Wilson, 1981; Besaisow et al., 1990) and some described case histories (Cheng, 1982; Eustes, 1986; Dudman et al., 1989). However, little (Lewis, 1968) was presented that could aid in predicting wear in the particular case of diamond drilling in the metal mining industry.The objective of this paper is to determine a general relationship, based in theory and practice, that will approximate diamond drill rod wear and therefore predict remaining drill rod life in the context of Canadian, Australian and South American diamond drilling campaigns."

Jan 1, 2002

By P. Bousquet

Acid mine drainage (AMD) is a serious environmental problem that preoccupies the Canadian mining industry. Considerable amounts of money are spent every year in an effort to prevent or reduce the acid mine drainage phenomenon. AMD occurs when sulphide minerals (e.g., pyrite) contained in rock are exposed to air and water and subsequently oxidize to produce low pH water. This acid effluent has the potential to mobilize any heavy metals contained in the rock. Coating the sulphide minerals with silicates is a new promising technology to reduce AMD. Pyrite is treated with a solution containing H2O2, sodium silicate and a buffering agent. H2O2 oxidizes a small part of pyrite producing ferric iron (Fe3+) ions. These ions subsequently react with the silicate ions to produce ferric hydroxide-silica that precipitates on the pyrite surface producing a passive coating. This silicate coating can protect the grains of pyrite from oxidation. This paper presents a series of experiments that confirm that silicate coating can considerably reduce AMD.

Jan 1, 2002

By Tom Cooney

A small number of mining contractors worldwide have evolved their businesses to be able to provide a ?total service solution? to their clients. Thiess, an Australian-based international mining service provider, works with numerous clients to tailor delivery methods and commercial arrangements to suit individual projects. The benefits of Thiess? extensive experience is brought to each client and project, whilst business improvement within projects, to the mutual benefit of both the client and Thiess, is a key part of all long term contract relationships. Historically, optimal business outcomes were closely related to the achievement of production and cost performance measures. Whilst these remain fundamental to successful mining businesses, other elements of sustainability are assuming increasing importance. As a large energy user, greenhouse and energy management is becoming an important part of Thiess? business. Thiess is a signatory to Australian government initiatives such as Greenhouse Challenge Plus, and is integrating energy management into its operations and business improvement programs, in many cases to the benefit also of the client. This paper will highlight the benefits that an organisation such as Thiess can bring to a mine owner. Thiess? approach to business improvement and cost reduction, sustainability and energy management, as well as the relationship between these will also be considered. Increasingly, overall mining performance is dependent on the alignment of formally disparate elements.

May 1, 2007

"4.1. IntroductionThis chapter reviews the geochemistry of the platinum-group elements (POE) in sulphur-poor silicate rocks, and the limited data on POE in silicate, oxide, sulphide, arsenide and sulpharsenide minerals. The earliest geochemical studies of POE in silicate rocks, minerals and meteorites were carried out mainly by Goldschmidt, the Noddacks and their co-workers, and are reviewed in Crocket (1969). These researchers established the siderophile character of the POE, emphasized the common association of the group with sulphides in ultramafic-mafic rocks and suggested that very low concentrations of POE are typical of sulphur-poor silicate rocks and minerals. Much of these data were for Pt and Pd only and are more than 50 years old. Because of the poor sensitivity typical of the available analytical methods, few reliable data were obtained on silicate rocks in these early studies. Surveys of POE geochemistry demonstrate that the data base for sulphur-poor silicate rocks is very restricted, although considerable highquality data for Pd and Ir have been accumulated (Wright and Fleischer 1965, Yushko-Zakharova eta/., 1967, Mertie 1969, Crocket 1969, 1979, Keays 1981).Two recent publications, Vol. 71, No. 7 (1976), of Economic Geology (An Issue Devoted to Platinum-Group Elements) and Vol. 17, Part 2 (1979), of The Canadian Mineralogist (Nickel-Sulphide and Platinum-Group-Element Deposits), are of special interest. These volumes are clear testimony to the impressive progress made in the last decade toward describing the mineralogical and geochemical aspects of POE ore deposits, but at the same time demonstrate the constraints in modelling POE ore genesis due to our meager knowledge of the. POE content and distribution among minerals in the source rocks of ultramafic and mafic magmas. It is clear that the phases hosting POE in mantle source rocks are poorly understood. Nevertheless, Naldrett and Duke (1980) have shown that the absolute and relative concentrations of POE in magmatic sulphide ores are related to the degree of partial melting of mantle peridotites, and subsequent processes of batch equilibration and fractional segregation of sulphides."

Jan 1, 1979

By Peter Hayes, Evgueni Jak, Taufiq Hidayat, David Grimsey, Denis Shishin

"An integrated nickel flash smelter is operated with Peirce-Smith converters at the Kalgoorlie Nickel Smelter. To improve the partitioning of arsenic between slag waste and matte product, an option to modify the slag–matte chemistry by addition of CaO was analysed. A combination of plant sample analysis, high-temperature laboratory experiments and thermodynamic modeling was carried out to evaluate the process options. The high-temperature experiments involved the re-equilibration of industrial matte-slag samples at 1225 °C and P(SO2) = 0.12 atm, rapid quenching in water, and direct measurement of phase compositions using electron probe X-ray microanalysis (EPMA) and Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LAICPMS). A private thermodynamic database for nickel sulfide smelting and converting was used together with the FactSage thermochemical software package to assist in the analysis of the distribution of elements between slag and matte as a function of CaO addition. The thermodynamic predictions combined with experimental data obtained in this study can be used to characterise the effect of CaO fluxing on the slag–matte thermochemistry during the nickel sulfide converting.INTRODUCTION At the Kalgoorlie Nickel Smelter (KNS), nickel sulfide concentrate is processed in an Outotec-type flash furnace to produce nickel matte containing +47 wt% Ni. Separation of nickel matte and waste slag from the flash smelting is enhanced through settling in the electric arc -heated zone attached to the flash furnace. The flash furnace matte is further processed in a Peirce-Smith converter to produce Ni-rich matte containing +66 wt% Ni (Crundwell, Moats, Ramachandran, Robinson, & Davenport, 2011). Iron silicate-based slag is used in the converting process at KNS. Most of the arsenic is contained in the final matte and very little of the arsenic partitions into the slag. Previous work by Font et al (Font, Hino, & Itagaki, 2003) shows that the distribution ratio of arsenic between calcium ferrite slag and nickel-matte (LAsslag/matte) is significantly higher than that between iron silicate slag and nickel-matte, where LAsslag/matte = (wt pct As in slag)/{wt pct As in matte} (1)"

Jan 1, 2017

By C. G. Harris, R. Sluyter

The purpose of an undercut is to undermine a block of ore which will then proceed to cave into draw holes just below the undercut. Undercut-ting is the final and most vital phase in the development of an ore block. Since its purpose is to undermine and induce caving into a block of ore, great care must be exercised to avoid premature caving by removing only enough rock to permit undercut development to proceed. Several undercutting methods, used over a twenty-year period, are re-viewed and their suitability is com-pared with ideal requirements.

Jan 1, 1960

By L. F. Haven

"The desirable shovel speed-torque curves are described, along with the characteristics of the more important electrical components used to approximate these curves. A particular shovel regulator system combining these components is discussed in detail and some of the advantages and disadvantages of the system are given.INTRODUCTIONIN 1959, STATIC CONTROL was for the first time successfully applied, installed and operated on a mining machine in North America. Since that time, a great deal has been learned about this control by the people maintaining these machines as well as by the de-signers.In 1961, the first SCR (Silicon Controlled Rectifier) or thyristor control system was installed on an excavator. This control differed from the earlier static control in that thyristor excitors supplied the generator fields directly. The development of thyristors of a sufficient rating to supply amounts of phase-controlled power to the generator fields eliminated the bulky Mag. Amp. -Rectifier combination previously used."

Jan 1, 1969

By M. W. Airth

ON THE 6TH JULY in the year 1953 an announcement was made to the public that touched off one of the greatest staking rushes in the history of mining in Canada and resulted, in tl1e space of a few short years, in the development of the greatest reserves of uranium-bearing ore in the world. It was ?On this date that the famous "Blind River back-door staking bee" was completed with the acquisition of some 2,000 claims by the Preston East Do me-Technical Mine Consultant teams under the direction of Mr. Franc Joubin and Mr. Robert C. Hart. That story has been told from coast to Coast and is too well known now to re-quire elaboration. Suffice to say that, in the short elapsed time of less tl1an five years from that momentous summer of 1953, three of the Algoma mines are in full production, three more are rapidly nearing full production, five more 1are approaching the production stage, a new hard-surfaced highway, 108, has been built to serve the area, and a brand new, completely planned city, Elliot Lake, is being built to provide the amenities of living to the 22,000 people already in the area.

Jan 1, 1958

By Ralph D. Parker

THE subject matter of this paper will be primarily restricted to the metallic mineral industry, which last year was responsible for almost 60 per •Cent of the total value of Canada's mineral production. It has been written that, in the broad sweep of eternal time, sixty years is as transient as a flicker of lightning in a summer night's sky. In the history of mankind and human endeavour, however, six decades can encompass momentous events and far-reaching •circumstances, all of which affect the lives of men and change the destiny of nations. This observation is con-firmed very positively by a study of our Canadian mining history, from either the broad viewpoint of human progress or the more specialized viewpoint of national economy. The past sixty years have witnessed vast changes in the economic importance of mining in this country's affairs, and also in the technology of the industry. Mining has emerged from the days of rule-of-thumb practice and is now taking on the stature of a highly diversified science.

Jan 1, 1962