Search Documents

By R. S. Forgan

The synthesis and study of a systematic series of phenolic oximes have shown that substitution in the 3-position can greatly affect extractive efficacy. Solid state, solution and gas phase analytical techniques, including X-ray crystallography, EPR and IR spectroscopy and collision induced dissociation mass spectrometry have been assessed for their applicability in interpreting the origins of differences in extractant strength. The dominant substituent effect on pH0.5 is the change in ligand pKa, with the more acidic ligands being stronger extractants. The influence of the 3-substituent on the stabilising intracomplex H-bonding of their copper(II) complexes also affects extractant strength. The 3-NO2 substituted ligand shows the lowest pH0.5 value, due to a combination of its low pKa and a stabilising bifurcated H-bond assembly around the copper(II) centre. Appending an aminomethyl group to the 3-position gives a ligand capable of binding a metal and its attendant anion. These metal salt reagents show potential to open up new flowsheets for the processing of high tenor copper feeds.

Jan 1, 2007

By J. E. Danoczi

ABSTRACT A diamond processing plant is being designed for the Star–Orion South diamond project in central Saskatchewan. Key to the plant is diamond liberation, which occurs in the comminution section and is the process of breaking up kimberlite rock as gently as possible to minimize diamond damage, particularly in larger, high-value diamonds. Kimberlite from the crater area of a volcanic pipe is generally softer than kimberlite from the diatreme zone. Softer kimberlite, comprising the majority of Star– Orion South deposits, can be readily broken up using abrasion and attrition by autogenous grinding mills, the preferred comminution method for minimizing diamond damage.

Jan 1, 2013

By L. M. Pidgeon

MAGNESIUM metal, with a specific gravity of 1.73, is two-thirds the weight of aluminium and one-quarter that of steel. It is the lightest metal which is stable in the atmosphere. Before the war it had begun, though somewhat slowly, to take a place among the established metals. In 1939, magnesium production on this continent amounted to some 3,000 tons per annum and was confined to one company. At that time, Germany produced perhaps 20,000 tons. The advent of war, however, increased the demand to fantastic heights and introduced production problems of unprecedented magnitude. By the end of 1943, North American production is expected to reach 300,000 tons per annum (1), an increase of one hundredfold. Such a rate of expansion has not been witnessed previously in the history of metallurgy. It has given the metallurgist an opportunity to try new production methods and to learn in a short time what might otherwise have taken many years. The metallurgy of magnesium is still in its formative years and at this time widely different production methods are in operation side by side. This paper will discuss these methods in so far as information is available for publication at this time. A general description of the new Canadian industry will be included.

Jan 1, 1944

By R. K. Rajamani

Discrete Element Method simulation of charge motion in ball, SAG and autogenous mills has become a standard for design of mill internals, power draft evaluation, etc. Both two-dimensional and three-dimensional codes are being used. The two-dimensional code dominates the user market since the code completes a simulation in one or two hours. On the other hand, three-dimensional codes have been in the domain of specialists who can handle the complexity of the code and have access to parallel computing hardware. For the first time, this barrier is overcome via computing with graphic processing units (GPU). Commodity graphics cards now allow parallel computation with hundreds of processors. It is shown that the computational time has been reduced by a factor of fifty using GPU computing. Hence, SAG charge simulation results in three dimensions are achievable in a few hours using affordable desktop machines. The GPU computing shown here enables the three dimensional simulation into a manageable daily task for mill designers and researchers. On the technical side, the simulations can be elevated to a higher level of complexity to simulate breakage and transport. First, the speedup factor of fifty is established for the Nvidia GeForce GTX 580 graphics card. Next, four simulation tasks, consisting of AG, SAG and ball mills are reported. The simulation of AG and SAG mills are completed in less than 8 hours. The ball mill simulation with 1.25 million spheres is completed in 27 hours. In the near future, as the graphic card hardware advances the compute time can be halved.

Jan 1, 2012

By D. Pacey

"This paper reviews the installation, start-up, and operation of a comprehensive monitoring and targeting management technique in which all plant utilities (i.e., electricity, natural gas, compressed air, and water) are managed as controllable resources in the same way that raw materials, mined ore, personnel and capital are managed.The essential elements of monitoring and targeting (M&T) include:•gathering in a systematic, disciplined way the utility information by energy account centres;•closely monitoring the utilities used in each centre and comparing them with production on a common time base (e.g., kWh/ton per day);•bench marking and target setting to pro-vide attainable energy reduction goals which can be further refined as they are achieved; and•establishing an implementation plant that may provide efficiency enhancing benefits to various operating areas within the plant.The M&T system will reduce utility consumption per unit of production on a continuing basis.This would translate into sustained operating cost and waste. M&T will also provide better information for assessing the plant operation and progressively implementing further enhancements."

Jan 1, 1997

By Robert F. Shurtz

This paper discusses and compares methods of statistical analysis of the information relating to the evaluation of an asbestos deposit. From a study of 10-ft. lengths of drill core, the separate effects of visual evaluation errors were determined, as well as the deviations between evaluators and the deviations produced by a slight displacement in the center lines of the check drill holes. The importance of careful statistical analysis of such information is stressed.

Jan 1, 1966

By K. N. Bolatbaev, S. S. Naboichenko

The initial rates of dissolution of pyrite, chalcosine, sphalerite and galena in acidic sulphate solutions under oxygen pressure were measured in the range of Poe = 0.2-1 MPa, 130-180 °C, [H2SO4]0 = 0.2-0.7 M, and in the presence of surface-active agents and agitation producing Re = 4-16 x 103. Reaction orders, activation energies, and values of reaction constants for these oxidation reactions were established. The reactions also were shown to be diffusion-controlled; and the rates demonstrate a linear dependence on the surface area of the sulphides. A surface reaction model, in which oxygen is transported through a solid layer of surface products, has been advanced. The initial stage of high-temperature interaction at pH <7 is suggested to involve a chemical activation of the sulphide surface and is described by the following general reaction: MenSm + H3O+ Men-1 Sm-1 (HS-)s + H2O The subsequent oxidation of surface complex HS- to S0 or SO2-4 occurs with the assistance of Fe(III), Cu(II) ions depending on temperature and the redox potential of the medium, which are defined by oxygen pressure and composition of the reaction mixture, especially concentrations of H2SO4 and metals with variable valence. General process kinetics are complicated due to the formation of by-products on the basis of Fe3+ Pb2+, Cup ions, which displace the kinetics into the diffusion region.

Jan 1, 2004

By P. M. Dranchuk

"""PLANET EARTH seen from space appears as a fragile and limited life-supporting system in a vast emptiness. That such a view is, in fact, an accurate one is now more widely accepted than it was not long ago, before Earth's problems of over-population, overconsumption, limited resources and environmental degradation attained the limelight. The danger is that a government and public now deluged by doomsday prophecies and bemused by equally confident reiterations that technology will cure all may hesitate in coming to grips with the problem, in the hope that, given time, it will go away."" With these words, Preston Cloud begins a recent editorial, in Science(l), in which he presents a brief resume of some of the findings of the Committee on Resources and Man of the National Academy of Science-National Research Council(20.Their report, which is based on a two-year study by an extremely competent group and consists of some 250 pages of text, is even more far-reaching and sobering than the report on Energy Resources(3). It begins by quoting Sir Macfarlane Burnet as follows:""There are three imperatives: to reduce war to a minimum; to stabilize human population, and to pre-vent the progressive destruction of the earth's irreplaceable resources.(4)"

Jan 1, 1971

By Y. Héroux, A. Chagnon, M. M. Savard

"Résumé- Le gîte de Pb-Zn de Gays River s&apos;accompagne d&apos;anomalies des propriétés de la matière organique (MO) et des assemblages de minéraux d&apos;argile (AMA). L&apos;association entre la minéralisation, la distribution de la réflectance de la MO et des AMA suggère que ces traceurs peuvent servir à l&apos;exploration des sulfures de métaux de base dans cette région.A l&apos;emplacement du gîte, la réflectance varie considérablement (0,80% à 1,88%), pouvant même afficher une baisse avec l&apos;enfouissement, ce qui est interprété comme une altération chimique de la MO. Les valeurs les plus élevées s&apos;accompagnent localement de quelques textures en mosaïque et délimitent une anomalie thermique au centre sud de la région. Parmi les minéraux des argiles identifiés, l&apos;illite et la chlorite sont terrigènes alors que la smectite, la kaolinite et la corrensite sont authigènes et, à l&apos;instar de l&apos;altération de la MO, résultent des nouveaux équilibres chimiques créés suite à la précipitation des sulfures.Abstract- The Gays River Pb-Zn ore deposit is associated with anomalies defined from the characters of the organic matter (OM) and from the clay minerals assemblages. The relationships be­ tween these anomalies and the mineralization at the mine suggest that these parameters can be used as new guides for the exploration for base-metal sulfides in this area.The vitrinite reflectance (RJ shows a wide range of values (0.8% to 1.88%) and exhibits an anomalous suppressive effect with depth of burial at the mine site, suggesting a chemical alteration of the OM. The highest R, values are associated with mosaic textures and outline a thermal anomaly at the south-center of the studied area. Among the identified clay minerals, illite and chlorite are terrigenous, whereas smectite, kaolinite and corrensite are authigenous and, like the alteration of the OM, are due to the new chemical equilibria resulting from the precipitation of the sulfides."

Jan 1, 1994

By T. L. McCall

AUTHENTIC records show that coal mining in Cape Breton dates from the year 1720, when the French military authorities obtained coal from what is now known as the Blockhouse seam, in the Morien district, for use at Louisburg, where the fortress, now of such historic interest, was being built. Thereafter, coal was mined more or less continuously, and although, for many years, in a very haphazard way, there was, on the whole, a steady growth towards a better regulation of the industry, culminating in the year 1825 with the arrival of the General Mining Association in Nova Scotia. This Company, more generally known as the G.M.A., had acquired extensive tracts in Brazil and Colombia and had also purchased the mining rights for the whole of Nova Scotia-excepting such areas as had been previously leased-the attraction being the rich veins of copper currently reported as occurring in the Province. These fabulous copper veins, upon examination, failed to materialize, but the engineer sent out to report on them returned with such good accounts of the coalfields he had seen that steps were taken immediately to investigate them. From that rime onward, the history of coal mining in Nova Scotia is one of progress and achievement. One of the first acts of the G.M.A. was to acquire the areas already leased to other concerns and develop these in a masterly fashion, employing the best machinery and talent available at that time. Such dominant control over the minerals of the Province, although it led to orderly development in the several coalfields, also, later on, resulted in restricting operations in the various coal centres to such an extent that a determined effort was put forward by the people of Nova Scotia to end such a state of affairs. Consequently, in 1857, the original lease of the G.M.A. was abrogated, the Company, however, being allowed to retain certain areas in the districts it had already developed. This opened the way for the formation of other coal-mining companies, and numbers of these immediately sprang into existence in the various coal-mining centres. In 1893, the Dominion Coal Company, Limited, was formed by the amalgamation of seven companies operating in the neighbourhood of Glace Bay, in Cape Breton. Later, in 1910, the Dominion Iron & Steel Company, Limited, obtained control of the Cumberland Railway & Coal Company, which had been formed in 1884 to acquire the rights of the two companies working in the Cumberland County coalfield.

Jan 1, 1936

By E. H. Chown

Scattered outliers of the Chibougamau Formation and the more continuous Mistassini and Otish Groups lie unconformably on an Archean basement abutting the Grenville Front. All the Aphebian rocks are deformed and offset by faulting related to the Front. The older Chibougamau Formation is exclusively elastic in origin, whereas the two later, time-equivalent groups include carbonatedominated (Mistassini) and elastic (Otish) sequences. Known syngenetic mineralization within these formations is limited to various radioactive showings in the Mistassini and Otish elastics, and the iron formations of the upper Mistassini Group. Three distinct types of epigenetic mineralization occur within the sedimentary rocks; pitchblende fracture fillings in all types of rocks in the Otish Group, widespread Mississippi-Valley type galenasphalerite showings at certain levels in the Mistassini Group, and chalcopyrite-pyrite bearing veins in or near argillaceous horizons of the Mistassini Group and Chibougamau Formation. The Otish elastic basin is part of a large area of the central Ungava peninsula which contains a variety of radioactive showings, the most promising being of the unconformity type, The final control for many individual showings appears to be local physico-chemical changes within faults and fracture zones. The overall structural control is in part supplied by the faulting episode related to the Grenville Front, which in turn limits the mineralization to the depth zone appropriate for open fracturing. The lead-zinc showings exhibit a strong stratigraphic control as well as close ties to secondary porosity developed by f aulting. The ore solutions were probably derived during the low grade metamorphism of the formations. Chalcopyrite- pyrite veins have provi ded the only mine production (Icon Mine) to date. They appear later than the low-grade metamorphic fluid circulation, and deposition is related to favourable structures and stratigraphy. The veins are clearly related to major faults. Thus, whereas stratigraphic settings appropriate to individual types of deposits are important, an overall structural setting may be demonstrated for a wide range of mineralizations. Detailed structural interpretations of individual showings may be the most fruitful pursuit in developing a concrete prospecting model.

Jan 1, 1984

By T. W. Wlodek

Abstract A simplified method of fatigue testing full-dimension, as-rolled, non-machined, mining drill rods is very desirable to the mining and steel industries in the classification of steels available on the market, through the evaluation of their fatigue limits and endurance strength. In this paper one such simplified method is presented and analysed. The preliminary results show many advantages of this method, such as simplicity and constancy of loading. The type of loading applied more or less simulates the working conditions of the outside fibres of the mining drill rods. Additional advantages of this method are the possibility of testing under dry and wet conditions, its quietness, and its ease of operation. Specially designed adaptors and specially applied techniques of fixing and preparation of samples make possible the breaking of a quarter-octagon hollow drill rod in a free length of uniform section in a rotating beam machine. At first glance this seems to be difficult to achieve. In the first preliminary test three different lots of steel were used. S-N curves under dry conditions were determined. These curves permit of the classification of the drill rods on the basis of the fatigue limit and endurance strength of the outside fibres of the metal, which is dependent to a greater or lesser extent on the effect of surface decarburization, surface imperfections, and special surface treatments. The average slope of the S.N curve in the damaging zone, and the fatigue limit in equal tension-compression rotating bending, were determined for SAE 1080, chromium-molybdenum and nickel-chromium-molybdenum mining drill rods. INTRODUCTION The fatigue limit and the endurance strength of mining drill rod steels are of interest to both the mining and the steel industries. These industries are greatly interested in lowering the cost of mining by reducing the consumption of these steels per ton of ore exploited.

Jan 1, 1951

By F. Flores

With the World Summit for Sustainable Development planned for 2002 in mind, nine of the world&apos;s largest mining companies decided to initiate a project to examine the role of the minerals sector in contributing to sustainable development, and how that contribution could be increased ? the Mining, Minerals and Sustainable Development Project (MMSD). This project assumed from the start that sustainable development could provide a useful framework to guide the minerals sector which main goal was integrating economic activity with environmental integrity, social concerns, and effective governance systems. The broad steps of MMSD project strategy can be grouped into four major categories: increase understanding of sustainable development; create organizational-level policies and management systems for implementing the principles of sustainable development; collaborate with others with common interests to take joint steps towards sustainable development, and; increase our ability to work towards sustainable development at the local, national, and global levels. In opinion of the article&apos;s author, to go ahead with the MMSD strategy and achieving the sustainable development objectives, it is necessary to consider the concept of self-organization, fundamental of the emergent new scientific paradigm, and the consequent epistemology and values that conform a supporting culture for sustainable development.

Jan 1, 2007

By A. M. Salomon de Friedberg

With respect to impurities, HBM&amp;S&apos; copper smelter, located in Flin Flon, Manitoba, is in an unusual position. In addition to the usual concerns, the fact that copper and zinc production at Flin Flon is closely integrated results in the unique situation where feed to the copper smelter typically contains 7% to 8% zinc. This paper discusses the ramifications to copper smelter operations resulting from the marriage of HBM&amp;S&apos; metallurgical plants. Distributions of impurities (specifically Zn, Pb, Ni, As, Bi, Sb, and Cd) are presented and operating practices designed to reduce the impact of impurities on anode copper quality are detailed.

Jun 1, 1993

By A. M. Salomon de Friedberg

"With respect to impurities, HBM&S&apos; copper smelter, located in Flin Ron, Manitoba, is in an unusual position. In addition to the usual concerns, the fact that copper and zinc production at Flin Ron is closely integrated results in the unique situation where feed to the copper smelter typically contains 7% to 8% zinc. This paper discusses the ramifications to copper smelter operations resulting from the marriage of HBM&S&apos; metallurgical plants. Distributions of impurities (specifically Zn, Pb, Ni, As, Bi, Sb, and Cd) are presented and operating practices designed to reduce the impact of impurities on anode copper quality are detailed.IntroductionHudson Bay Mining & Smelting Co. Ltd. (HBM&s), has been operating its metallurgical complex located in Flin Flon, Manitoba, since 1930. The smelter and zinc plant were originally separate entities with respect to production. The smelting operation consisted of traditional multiple-hearth roasters, a reverberatory furnace and Peirce-Smith converters. The zinc plant also utilized multiple hearth roasters and then followed with sulphuric acid leaching, purification and electrowinning. The zinc plant also recovered cadmium from a separate purification/electrowinning circuit.The two plants operated essentially independently of each other until rising zinc levels in the copper concentrate and large stockpiles of zinc-rich leach residues prompted the construction of the fuming plant in 1949. The smelter used pulverized coal to reduce zinc oxide present in the reverb slag and then captured the resulting zinc bearing fume in the fuming plant baghouse. The fume was sent to a separate ""oxide roaster"" in the zinc plant where it was first roasted to remove halogens and then leached to recover the contained zinc. This oxide fume became a major source of feed to the zinc plant accounting for roughly one quarter of the total zinc production. Furthermore, through the smelter&apos;s treatment of sulphide leach residue, both copper and zinc recoveries were improved for the over-all complex."

Jan 1, 1993

By L. H. Cole

FOR many years Industrial Minerals, or as they were formerly called, &apos;the Non-Metallic Minerals&apos;, compared with the metallics, were considered of only minor importance and as such were given scant attention in the technical press as well as in the public press. Those days are, however, happily passing, and thanks, to an appreciable extent, to the constant endeavour of the Industrial Minerals Section of this Institute, established in the fall of 1932 industrial minerals are now assuming the importance to which they are entitled. The term &apos;Industrial Minerals&apos;, when first adopted in this sense by the Institute, was thought to be original in its application, but it is interesting to note that it had been used many years previously by the Queensland Geological Survey in the following publication: SALT Article 1 in Industrial Minerals by B. DUNSTAN, Chief Government Geologist (Publication No. 268, in Part) Queensland Geological Survey, Department of Mines, Brisbane 1920 In Queensland, however, the term embraced some of the metals as well as the non-metallic minerals proper. The lead furnished by Canada in this matter bore rapid fruit, and already the term &apos;Industrial Minerals&apos; is widely used, not only throughout Canada but in the United States as well.

Jan 1, 1939

By P. K. Kaiser, C. D. Martin, F. Amann

"This article focuses on the uniaxial compressive strength (UCS) of homogeneous and heterogeneous rocks. Critical factors impacting the UCS of rocks are reviewed and then separate assessments of UCS data from homogeneous and heterogeneous rocks are presented. The variability (coefficient of variation) of UCS test results for homogeneous rocks is found to be generally <25% while for heterogeneous rocks the variability is >35%. Failure mode variation is found to be the cause of the variability of UCS test results in heterogeneous rocks. Empirical engineering design methods that use UCS as an input parameter are discussed and suggestions are provided for selecting appropriate UCS values.INTRODUCTIONThe UCS is one of the most commonly used rock engineering parameters whether for rock mass classification or for strength determination. The mean UCS and its variability are often assumed to represent a reliable rock material property. For the reasons discussed in this article, UCS is rarely representative of the intact rock UCS. The UCS test simply records the collapse load during uniaxial loading of a cylindrical specimen. As suggested by many, the UCS is an index rather than a unique engineering parameter. The UCS is thus a proxy for rock strength which depends on the loading rate (e.g., Bieniawski 1967), specimen geometry (e.g., Hudson et al., 1971), specimen size (e.g., Bieniawski 1968), and many other factors. Furthermore, the UCS is not the same as the Hoek-Brown strength criterion parameter sci.There are differences in opinion on what is commonly considered to be ‘intact rock’. When sampling ‘intact’ pieces of core from drillholes crossing blocks of rock bound by block forming discontinuities, samples will be ‘intact’ but some samples will be veined, others will be damaged, and others will be neither. According to Hoek (1983), intact rock pieces are “the unfractured blocks occurring between structural discontinuities in a typical rock mass” and the sci parameter for intact rock is determined using the fitting procedure proposed by Hoek and Brown (1997) based on the data requirements outlined by Hoek (1983). Studies (e.g., Bewick and Kaiser 2014; Kaiser and Kim 2014) have shown that independently determined UCS and sci values for the same rock type are not equivalent. Thus, UCS data cannot be used as a replacement for sci."

Jan 1, 2015

By Hatch, A. Reple, W Valery

The mining industry is facing declining feed grades which require the mining and processing of larger volumes of material per tonne of product. Pre-concentration aims to remove barren material at as coarse a particle size and as early in the process as possible to reduce processing costs, energy consumption, water losses, and greenhouse gas emissions while increasing production and profitability. This may be achieved using bulk ore sorting—the separation of barren gangue from a fully loaded conveyor belt based on the grade as measured or inferred from a sensor. This paper evaluates the technical and economic viability of bulk ore sorting for the PanAust Phu Kham copper deposit in Lao PDR. Bulk ore sorting technology is described briefly along with discussion of appropriate sensor and diversion systems for the Phu Kham operation. To evaluate the economic implications, the actual mined material and costs from 2014 were used as the base-case. Sampling data was not available; therefore, the ore grade variability that would feed a bulk ore sorter was estimated using geo-statistical tools based on mine grade control data. The sorter performance when treating this material was simulated considering the accuracy of the sensor measurement and errors associated with material diversion. The impact on inferred cash flow was estimated for several different scenarios considering the additional costs for sorter operation and reject handling. The evaluation demonstrated that bulk ore sorting at Phu Kham has the potential to increase the amount of metal in product and/or reduce processing plant throughput (and costs) to improve the annual inferred cash flow for the conditions investigated. The sorter is the gatekeeper – only material above the cut-off grade (value-adding) reports to the processing plant; no waste dilutes the feed. Likewise, above cutoff grade material is not lost to waste; preventing lost revenue.

Jan 1, 2016

By Edward S. Bell, Frank Angebrandt

"Nuclear reactors must have very large heat outputs to compete with conventional sources and the only feasible applications are in the production of electric power or large quantities of process steam. This paper considers alternative fuels for electric power generation in Canada. In a publicly owned utility, nuclear stations are economic for base-load generation for unit sizes of 500 mega• watts or larger where competitive fossil fuel costs are higher than about 30 cents per million Btu. In British Columbia, Alberta and Saskatchewan, fossil fuels will continue to be in adequate supply at costs lower than 30 cents per million Btu and thus, except for the special case of Vancouver Island, power generation in Western Canada will continue to be the hydraulic and conventional thermal type. In Eastern Canada, fossil fuel prices are likely to be higher than 30 cents per million Btu and most utilities will be able to install units of 500 mw or larger, so that nuclear power plants will provide much of the base-load generation required. Base-load generation comprises about two-thirds of the energy generated by power utilities. By 1990, the total annual electrical energy load will be over 600 billion kwh, with two-thirds of this load in Eastern Canada. Allowing for additional hydraulic resources which may be developed in Quebec, British Columbia and Manitoba, hydraulic generation is forecast to provide a little more than a third of this electrical energy, nuclear generation a third and fossil-fuelled generation about a quarter."

Jan 1, 1969

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