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By Gyeonghye Moon, Inhyeok Choi, Jyothi Rajesh Kumar, Jin-Young Lee

"This paper deals with the recovery of the tungsten and vanadium from spent SCR catalyst leach liquors by different hydrometallurgical methods. The first part consists of pressure leaching of spent SCR catalyst using caustic soda followed by metal recovery by liquid-liquid extraction. In a leaching process, the following experimental parameters were tested and optimized: NaOH, particle size of feedstock, temperature, and solid to liquid ratio. The optimum condition for leaching of tungsten and vanadium was under the following conditions: NaOH 3 mol/L, temperature 250°C, particle size <300 µm, and solid to liquid ratio 0.4. From these optimum conditions in this experiment, the dissolution efficiency of vanadium and tungsten was 91.5and 87%, respectively. Liquid-liquid extraction following commercial extractants were tested: TBP, Cyanex 272, D2EHPA, Aliquat 336, Primeme JM-T, Alamine 308, Alamine 304-1, and methyl-tri-octyl-ammonium chloride. The conditions for both valuable metal recoveries were optimized.INTRODUCTIONSelective Catalytic Reduction (SCR) catalyst has become the most effective to reduce nitrogen oxide (NOx) emissions from stationary segments such as power plants and waste incinerations around the world due to the reinforcing regulatory trend and emerging environmental issues (Forzatti, 2001; Spivey, 2002; Li et al., 2011).Currently, the most widely used SCR catalyst is V2O5-WO3/TiO2 system due to its great catalytic properties (Li et al., 2011; Marshneva et al., 1995; Marbergeret al., 2015). In general, the composition of the SCR catalyst used in the stationary application is 0.5 to 1 wt% of V2O5and 7 to 10 wt% of WO3(Marberger et al., 2015; Chen &Yang, 1992, Vuurman et al., 1991; Alemany et al., 1991). Currently spent SCR catalysts are treated as waste and disposed of in landfills. This causes a lot of waste of secondary resources of vanadium and tungsten. In terms of industrial value of vanadium and tungsten (Gupta &Mukherjee, 1990; Moskalyk &Alfantazi, 2003) and reduction of pollutant emissions, it should not be disregarded for their recovery for their material recycling from spent SCR catalyst. However, investigations for recovery of metal values from spent SCR catalyst has been rarely carried out."

Jan 1, 2017

By W. Curlook, L. M. Pidgeon

THE PURPOSE of this investigation was to study part of the ternary system Co-Fe-S. Jensen ( 1) established the solubility limits of sulphur in pyrrhotite. The compound with 61.7 per cent Fe, corresponding to a formula Fe12S13, was found to melt congruently at l,192°C. Hulsmann and Weibke(2) determined the Co-S phase diagram from O to 35.2 per cent S. The solubility limits of sulphur in the com-pound Co(l-x)S were not determined. The initial object of the present in-vestigation was to determine the composition at which the compound Coci-xiS melted congruently. Once this was ascertained, it was decided to investigate the ternary system Co-Fe-S from the region of 100 per cent Co(1-x) S to the region of 100 per cent Fe12S13.

Jan 1, 1953

By D. Karpoff

"IntroductionUNTIL the recent discovery and development of deposits at Allard Lake, on the Lower Romaine river, practically the whole of Quebec's - and indeed of Canada's - production of ilmenite had come from deposits in the vicinity of St. Urbain, Charlevoix •county, a village about eight miles north of Bay St. Paul on the north shore of the St. Lawrence, some sixty miles below the city of Quebec (see Figure l) . Although these deposits were known nearly three hundred years ago and were worked in a small way during the years 1872-74, when a charcoal blast furnace was operated by the Canadian Titanic Iron Company for making white pig iron, it was not until 1908 that more or less continuous production commenced and has •continued to the present by the American Titanic Iron Company. The whole of the output has been exported to the United States.The ilmenite occurs in lenses •and dyke-like bodies within anorthosite. Production has come chiefly from three deposits: General Electric, Furnace, and East and West Coulombe. During 1951 -52, an extensive diamond drilling programme was carded out under the direction of the writer to test the Furnace and the East and West Coulombe deposits (Figures 2 and 3), which form part of the property of St. Lawrence Iron and Titanium Mines, Limited. The average tenor of the orebodies encountered in the course of the drilling was 38.60 per cent TiO2 and, in addition to these high-grade •bodies, there was found a very considerable tonnage of lower grade ore."

Jan 1, 1953

By F. Awotwe-Appiah, P. Koshy, J. Dankwah, J. R. Dankwah

This research investigates the generation of an effective carbonaceous material from waste ‘pure water sachets’ and their subsequent utilisation as reductants for the reduction of the Opon Mansi iron ore. Composite pellets of Opon Mansi iron ore and pulverised carbonaceous material generated from waste pure water sachets were heated from room temperature to 1200 °C in a gas fired furnace for seventy minutes. The reduced pellet was analysed chemically for its oxygen and carbon content using a LECO Oxygen/Nitrogen and LECO Carbon/Sulphur analysers, respectively. It was observed that nuggets of metallic iron were readily produced with the carbonaceous materials acting as an effective reductant and source of chemical energy. XRD analysis of waste ‘pure water sachets’ revealed that the polymer was semi-crystalline with peaks that were identical to those of high density polyethylene (HDPE). Gas emission behaviour of the iron ore-PWS pellet was studied in a horizontal tube furnace at 1200 °C using an infrared gas analyser; the results revealed an exhaust gas rich in the reducing gases CO and CH4 along with CO2.

Jan 1, 2015

By J. B. Boisvert, D. S. Silva

"Drillhole placement involves benefits, costs, and constraints. Benefits are related to the drilling campaign value, which includes maximizing “indicated” and “measured” resources. Costs include drilling, rig movement, and access construction. Constraints include infeasible areas, maximum and minimum angles of drilling, maximum depth of drilling, and budget. Manually planning drillholes that meet these constraints is suboptimal. A framework for straight drillhole optimization that accounts for benefits, costs, and constraints is presented. The method aims to maximize the value of resources converted from “inferred” to indicated and measured. The framework is demonstrated for a Nevada gold deposit and outperforms manually selected drillholes.RÉSUMÉ Le choix de l’emplacement d’un trou de forage s’accompagne d’avantages, de coûts et de contraintes. Les avantages sont liés à la valeur d’une campagne de forage, qui comprend l’optimisation des ressources « indiquées » et « mesurées ». Les coûts englobent le forage, le déplacement de l’appareil de forage et la construction des routes d’accès. Quant aux contraintes, elles portent sur les zones impraticables, les angles maximums et minimums de forage, la profondeur maximale de forage ainsi que le budget. La planification manuelle des trous de forage répondant à ces contraintes est sous-optimale. Cet article présente un cadre relatif à l’optimisation des trous verticaux de forage tenant compte des avantages, des coûts et des contraintes. Cette méthode vise à optimiser la valeur des ressources converties de la phase « ressources présumées » à celle de « ressources indiquées et mesurées ». Ce cadre est appliqué à un gisement aurifère du Nevada et donne de meilleurs résultats que les trous de forage sélectionnés manuellement. INTRODUCTIONDetermining the optimum location of infill drilling has been studied because the high cost of drilling suggests that using fewer drillholes is preferred, and targeting locations of the deposit that are locally uncertain should result in better mine planning decisions and increased profit of the operation. Existing methods for optimizing drillhole locations consider minimizing the kriging variance (KV) as the objective and are mostly restricted to two dimensions (Soltani-Mohammadi & Hezarkhari, 2013a, b; Soltani- Mohammadi, Safa, & Mokhtari, 2016)."

Jan 1, 2018

By Åke C. Rasmuson, Mahmood Alemrajabi, Kerstin M. Forsberg, Kivanc Korkmaz

"In the present study the recovery of a Panasonic Prismatic Module 6.5 Ah NiMH 7.2 V plastic casing hybrid electric vehicle (HEV) battery was investigated, separately processing the anode and cathode electrodes. The composition of the electrode materials was determined by total dissolution and analysis using ICP-OES. Nickel is the dominant metal in the active materials (65% by mass in the anode and 70% by mass in the cathode). Most of the rare earth elements (La, Ce, Nd, Pr and Y) are located in the anode active material, whereas only a small amount of Y is found in the cathode material. The electrode materials were further characterized by SEM-EDS and powder XRD. The electrodes were leached in sulfuric acid and in hydrochloric acid under different conditions. The dissolution was followed by taking out samples and analyzing the concentration of REE, Co, and Ni using ICP-OES. The results indicate that the dissolution of nickel could be limited by slow dissolution kinetics of nickel oxide. Further, it was found that light rare earths are lost through precipitation during sulfuric acid leaching with increasing extent as the temperature and sulfuric acid concentration increases. The separation of REE from the sulfuric acid leach liquor by precipitation as NaREE(SO4)2.H2O and from the hydrochloric acid leach solution as REE2(C2O4)3.xH2O have been studied by performing experiments using battery leach liquors. INTRODUCTIONIt is well known that the Hybrid Electric Vehicle (HEV) is becoming more common due to economic and environmental reasons. Batteries are widely used in HEVs’ such as automobiles or larger trucks for transportation purposes. The most common type of battery in these vehicles is nickel metal hydride (NiMH), largely due to Toyota's decision to use them in their popular Prius. More than two million hybrid cars worldwide are running with NiMH batteries, such as the Prius, Lexus (Toyota), Civic, Insight (Honda), and Fusion (Ford). Panasonic manufactures HEV prismatic NiMH batteries that have been used by Toyota and GM (among others), while Sanyo manufactures HEV cylindrical cell NiMH batteries, which have been used by Honda and Ford."

Jan 1, 2016

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

"In response to mine head grades declining and orebodies becoming more complex, Glencore Technology has developed an alternative method for recovering economic minerals once leached into solution, rather than relying on conventional flowsheet options. The method involves the precipitation and separation of base metals from solution with limestone or lime. The final grade of these precipitate is not usually high enough to attract favourable terms of sale due to dilution from gypsum and sulphate salts. A set of operating conditions have been developed to allow the separation of the base metal precipitate from gypsum by exploiting the difference in particle size. A high-grade oxide product can be easily separated from the gypsum stream at very low cost. This process was originally developed by Glencore for zinc and copper systems. This paper reports on the successful application to nickel and cobalt, and this process has significant advantages over the incumbent precipitation process utilising magnesia.INTRODUCTION During evaluation of transitional and oxide zinc ore deposits during the 1990’s, Noranda Inc. (now Glencore) developed a sulphate based ore leach process to extract zinc into solution. For flowsheet development, conventional schemes dictated that once the zinc was dissolved in an acidified solution it was recovered by means of purification or solvent extraction followed by electrowinning and casting to produce zinc ingots. The deposits Noranda evaluated were high grade but had a relatively short mine life (10 years) and economic analysis showed that the projects couldn’t sustain the investment of a full zinc refinery. Compounding this problem was the lack of power supply infrastructure and the high power cost in the region. Noranda then evaluated alternative means of recovering zinc from solution. Laboratory testwork showed that a high-grade zinc precipitate (+50 wt% Zn) could be produced as an oxide, carbonate or sulphide by contacting acidified zinc sulphate solution with a number of reagents including soda ash, sodium hydroxide, and sodium hydrogen sulphide. Economic evaluation showed that the cost of the reagents are prohibitive, especially when the final product is still a metal intermediate (ZnO, ZnCO3 or ZnS). Noranda then continued to focus on fine zinc oxide precipitation for supply into the automotive tyre industry as this product would attract favourable terms of sale as a premium on Special High Grade (SHG) zinc."

Jan 1, 2017

By D D. Deacon

A brief description is given of the requirements which No. 4 Shaft has been designed to meet and of the methods by which two-stage winding of rock has been accommodated in a single shaft sunk to a depth of 7,421 ft. This is followed by a consideration of the factors which led to the decision to sink the shaft as rapidly as possible. Introduction T HE No. 4 Shaft of Hartebeest-fontein Gold Mining Company, Ltd., has been sited to serve the deep southern area of the mine, some 1,500 claims in extent, between the elevations of 6,250 and 7,300 ft. below surface. From this area, some two-thirds of the mine production will ultimately be obtained. Above the 6,-250-ft. elevation, an existing shaft hoisting system, situated adjacent to the reduction plant, is of adequate capacity to cater for all ore hoisted to surface for milling. No. 4 Shaft will therefore be required to provide downcast ventilation of 1,000,000 c.f.m., together with surface hoisting facilities for men, material and development rock and underground hoisting

Jan 1, 1965

By E. D. Fox

Introduction The financial statement of the hypothetical Gold Mining Company, which forms the background of this survey, was designed for the Institute with the express abject of having it assessed in respect to Profits by the several taxing bodies representing the Federal and Provincial Governments, which comprise the Dominion of Canada. On the completion of the figures, copies were sent to the several Ministers of Mines, accompanied by a request that they be submitted to their taxing authorities and assessed accordingly. The response, while it was not general, was very favourable, and at all times we were treated with the utmost courtesy and patience, and what has been set forth in the compilation bears the authentication of the various government officials who are immediately concerned with taxation. The data itself constitutes a fairly comprehensive digest of taxation as it directly applies to gold mining profits in Canada. The Hypothetical Balance-Sheet (See Exhibit A) In the balance-sheet schedules 1 and 2 (Exhibit A), income is divided between taxable and non-taxable classifications, and here it should be noted that the division contemplates only the assessment for Dominion income tax. The same applies to the factors of exchange and depletion. Therefore, in making comparisons, it is to be borne in mind that the set-up for assessment to the Provinces, that is, Manitoba and Alberta, will stand as if the gross non-operating income is taxable, with the reservations as shown in the notes below the schedules.

Jan 1, 1934

By C. Chapman, M. G. Reading, M. P. Amsden

Ecstall Mining Limited, a subsidiary of Texasgulf Incorporated, operates the Kidd Creek mine, a 10,000- tpd base metal producer, near Timmins, Ontario. Two different ore types are mined and milled copper-zinc and silver-lead-zinc. At the highly automated Ecstall concentrator, the ores are processed by selective flotation in three individual circuits. One of the most important metallurgical tools for process control is a sample system incorporating continuous onstream X-ray analysis. Recently this system was further automated by adding computer control of reagents for two copper-zinc flotation circuits. The computer programs, utilizing optimum seeking methods and smelter contract terms, have increased copper recovery 0.8% and zinc recovery 1.6%, and reduced reagent costs by 12%. Although not anticipated, copper and zinc concentrate grades were improved modestly as well.

Jan 1, 1973

By John J. Jonas, Hong Qin

Cylindrical samples of pure titanium were subjected to uniaxial compression at room temperature, leading to the formation of three generations of twins. Many primary contraction twins were observed as the initial texture was favourable for their formation. Numerous secondary extension twins formed within the primary contraction twins and some tertiary contraction twins within the secondary extension twins. The orientations of these three generations of twins were determined by electron backscatter diffraction techniques and their associated Schmid factors (SFs) were calculated. The formation of the twin variants selected in each generation and the absence of certain potential variants are accounted for by rotating the twinning displacement gradient tensor expressed in the twin system reference frame into the crystallographic reference frame of the relevant neighbouring grain. The presence of the observed primary, secondary and tertiary twins is explained in terms of the ease of imposing the required accommodation strains on the neighbouring grains. By contrast, certain first, second and third generation potential high SF twins were absent because their formation would have required accommodation by the most difficult deformation mode: pyramidal glide.

Jan 1, 2015

The Santa Rita mine is located in north eastern part of Bahia in Brazil and is owned and operated by Mirabela Mineração do Brasil Ltda. Typical SABC circuit was designed as the preferred option for the 4.0 mtpa (500tph) to produce a P80 of 125um for flotation. Although the SAG was originally designed to operate with conventional radial pulp lifters, later it was fitted with Outotec?s Turbo Pulp Lifters ? TPL (Latchireddi, 2005). The milling circuit commenced commissioning on the 24th of October 2009 and the milling circuit achieved the nameplate capacity within days. with small and relatively simple measures to rectify. Since commissioning, the SAG mill has been working in fully autogenous grinding (FAG) mode with no balls (in contrast to the estimated 10% ball charge) and has been consistently treated up to 650tph. This paper examines the comminution design process, the operating philosophies, start-up experiences, post commissioning optimization and future development works. An evaluation of mill performance relative to the design criteria for the project life to date is also included.

Jan 1, 2012

By George R. Elliott

Introduction The pages that follow present a brief chronological survey of views which have been held, and of legislation enacted, for the regulation of the natural gas and oil industry in the Turner Valley field, especially as regards conservation of the natural gas. To provide a necessary background for an adequate understanding of the progress of events in western Canada, there is included also a compilation, from technical and legal authorities, of some of the more important measures which have been adopted for the regulation of the oil and gas fields of the United States, where these measures have had, or are likely to have, a bearing on the course of our domestic industry. Owing to exigencies of space, it has been possible to refer only to the most outstanding proposals and legislation, and to these in the briefest possible form. Although, so far as Canada is concerned, the data presented are restricted almost entirely to the Turner Valley field, it is the hope of the writer that the paper may prove of value for purposes of reference: for any similar gas and oil fields discovered in western Canada will certainly revive and intensify the problem of the proper steps to be taken for the conservation of the gas. Definition of &apos;Conservation The term conservation has been so misunderstood and misrepresented that, to many persons in Alberta, it means little more than closing-in wells. In the light of the definition of Charles E. Hughes, that &apos;True conservation of a raw material is its economical use&apos;, the subject of natural gas conservation is inseparably involved with the study of the function of the -gas and with the development of the principles of unit operation.

Jan 1, 1934

By N. Samman, S. N. Lau

"A series of new, grease-based, solvent free open gear lubricants were developed to meet the demanding service requirements of mining equipment. The use of these products has resulted in better performance under conditions of temperature extremes and in terms of longer component lives. They have gained widespread acceptance within the mining communities for such applications as the lubrication of mining shovels, draglines and ball mills.These products are WHMIS non-controlled and are environmentally acceptable. The benefits and advantages of using this type of product to lubricate mining equipment as well as the field evaluation and experience will be discussed."

Jan 1, 2002

By Owen Matthews

THE property of Cochenour Willans Gold Mines, Limited, is in Dome township, Red Lake area, northwestern Ontario, a hundred miles north of Kenora and close to the Manitoba border. &apos;Planes of Canadian Pacific Air Lines, Limited, serve the district daily, except Sundays, from Kenora, Ontario, and Lac du Bonnet, Manitoba, passengers being trans-ported from Winnipeg to Lac du Bonnet by car. Freight is handled by the Patricia Transportation Company. It is brought in from Hudson, Ontario, on the Canadian National railway, in summer by water and in winter by tractor trains over the frozen lakes. The first staking on the property was done during the &apos;rush&apos; of 1926 and 1927 by William M. Cochenour, and on April 30th, 1928, a syndicate was formed, taking in claims of W. M. Cochenour and Dan Willans and H. G. Young. Surface trenching was carried on almost continuously until 1934. In October, 1932, Ventures Limited took an option on the property, and in December of that year they carried out an extensive diamond drilling programme, but considering the results did not justify further work, they relinquished the option. In July, 1934, further surface work was carried out under the supervision of W. P. Mackle and, on the strength of his report, Noah Timmins Incorporated took an option on the property and agreed to make an initial expenditure of $100,000 on development work. This was carried out under the direction of Hollinger Consolidated Gold Mines and included the sinking of a shaft to a depth of 165 feet, establishment of a level at the 150-foot horizon, and some 1,900 lineal feet of drifting and cross-cutting. The results obtained from this work were not considered of sufficient promise and the option was terminated in August, 1935. Mr. Cochenour then approached Alex Mackenzie and associates, and the present Company, Cochenour Willans Gold Mines, Limited, was organized on April 9th, 1936, and sufficient money was raised to continue operations. Under the direction of W. P. Mackle, the shaft was deepened and a second level was established at the 275-foot horizon; but, due to several adverse reports by outside engineers, it was found impossible to raise sufficient money to carry on the work and operations were suspended in December, 1937. In January, 1939, an agreement was entered into with Gold Eagle Gold Mines for the milling in their plant of some Cochenour ore. A total of 4,959 tons was treated, and the results were so encouraging that further finances were raised by C. A. Gentles & Company, of Toronto. Following further development in the mine, it was decided to erect a mill. Construction was started on September 1st and the mill was turned over on November 29th. The first gold brick was poured on December 23rd.

Jan 1, 1942

By S. Kariyawasam, R. McNealy

Pipelines are subject to multiple threats often requiring quantification of pipeline risk and engineering evaluation of in-line inspection and other data to effect discovery of conditions defined by the regulation. Public concern and pressure from regulatory bodies are accelerating the need for pipeline operators to formalize and intensify their approach to integrity management. Most operators need a phased approach to progressively adopt the most relevant and needed assessments. The organized and relevant assessment steps need to be introduced according to data available and maturity of the integrity management program. Each refinement to the quantification offers distinct advantages to the user. In this paper, the progressive integrity assessment solutions using quantitative methods are presented. Methodologies for engineering evaluation of integrity in-line inspection data for immediate and future integrity are summarized. Corrosion is used as an example, but the approach is applicable to any time-dependent defect based hazard. Strategies for pipeline integrity management are discussed.

Jan 1, 2005

By Edward Thomas

Note. - Securing mine roof through consolidating thin or otherwise incompetent strata to increase overall thickness of the immediate roof beam is a new method of roof support and control which has aroused great interest amongst mining engineers and which is now being experimented with and thoroughly investigated by the United States Bureau of Mines. A paper on Roof Bolting, illustrated by photographs and motion-picture films, will be presented by Edward Thomas, of the U. S. Bureau of Mines, at the forthcoming Annual Meeting of the Mining Society of Nova Scotia. In the following pages, Mr. Thomas describes the methods used in roof bolting as illustrated by the photographs that accompanied his paper. The photographs are supplied through the courtesy of the United States Bureau of Mines, whose willing cooperation with miners and mining engineers in Canada is very well known and even more greatly appreciated. This method of publishing Mr. Thomas&apos;s paper is adopted because few, if any, Canadian mining engineers have actually seen installations of roof bolts and it is felt that the best possible presentation of such an interesting subject through the medium of the Bulletin will be attained by publication of the photograps over explanatory captions. - Ed.

Jan 1, 1950

By B. Konda, R. Lauer, D. Camilucci, D. Gladwin

"Income based taxes are significant cost elements to be considered in evaluating investment in new mine development. This paper presents the results of comparative analysis of effective income-based tax rates for mining in the Northwest Territories (NWT), selected Canadian provinces and international jurisdictions. The study was done as background to a review of royalty regulations for the NWT. ObjectiveThis paper presents results of comparative analysis of effective mining royalty1 rates, and combined effective mining royalty and income tax rates on selected mine models for the Northwest Territories (NWT), with those for several other jurisdictions in Canada and abroad which compete with the NWT for mining investment.BackgroundThe February 27, 1995 federal budget directed the Department of Indian Affairs and Northern Development (DIAND) to proceed with a comprehensive review and amendments to northern natural resource management legislation in order “to increase revenues and ensure a fair return to the Crown.” DIAND is responsible for the administration of the Territorial Lands Act, and its regulations.The Territorial Lands Act gives the Governor-in-Council the authority to “… make regulations for the leasing of mining rights in, under or on territorial lands and the payment of royalties therefor,…”. In the NWT, the Canada Mining Regulations (CMR) provide for the disposition of mineral rights for most minerals, other than coal, petroleum and related hydrocarbons, in return for the payment of a royalty to the Crown.As part of this review of the NWT mining royalty regime, several computer mine models were developed and tax regimes in a number of jurisdictions were analyzed. Effective mining royalty rates, and the combined effective mining royalty and income tax rates were compared across the jurisdictions. The results presented in this paper are a part of the background work done in preparing a discussion paper on proposed changes to the NWT mining royalty that is expected to be released for public consultation in the very near future."

Jan 1, 1997

By Lawrence Devon Smith

"The concept of risk is well established in the mining industry. It is acknowledged when estimates of reserves are expressed as proven or probable, when mining and metallurgical recoveries are applied to the ore, and when contingencies are added to costs. However, it is difficult to provide a quantitative assessment of risk. The significant sources of risk in a mineral project and how these are addressed in project evaluations are discussed. The discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.IntroductionThis paper examines the components of the discounted cash flow discount rate and proposes a method of estimating project-specific discount rates. The motivation for this work comes from experience of project evaluations in which owners and purchasers had agreed on virtually every aspect of the evaluation except how much the project was worth. Agreement was reached on reserves, grad~, recovery, capital costs, operating costs, taxes, and, by combining these components, even on the fmal cash flow values. The only difference in opinion concerned the discount rate to be used in the calculation of the net present value. Depending on the life of the project, such differences of opinion can cause a variation of more than 50% in the value placed on a project! This is illustrated in Figure 1."

Jan 1, 2003