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By C. Dirscherl, M. Combes

"Declining ore grade, leading to increased material transport and plant throughput requirements, is one of the major challenges in the current mining environment. This is accompanied by rising energy and labor costs, decreasing plant productivity and the requirement for highest plant availability. Siemens’ answer is the latest gearless drive technology for grinding and conveying. Gearless drive solutions are surpassing the mechanical limits of conventional drive systems serving to utilize the principle of economies of scale. By elimination of various components of the drive train the maintenance activities and spare parts inventories are reduced. The advantages are culminating in the incomparable availability of the Siemens’ gearless drive technology of 99.46 to 99.71% - as confirmed by real operational data from the Antapaccay mine in Peru. It was the first plant worldwide to use gearless drives for both applications.INTRODUCTION – THE GEARLESS PRINCIPLE The principle idea behind a gearless drive system is to reduce the number of components and diversity of parts. Especially those components that are at the edge of current manufacturing or power limits are eliminated. The used equipment provides the possibility to scale up and increase the power transmitted to the driven machine. This finally results in a possible increase of throughput respectively transported or processed material. In order to apply this principle of simplification we will take a look at the components of a conventional drive system consisting of: - Driven equipment (mill, conveyor, slurry pump) - Components altering the rated speed (gearboxes, girth gear / pinion) - The electric motor - Starting devices for the motor (VSD, CCV, LRS, clutch), which are necessary because a direct across-the-line start of high power motors with load would result in a significant drop in the line supply voltage - Alternatively a variable speed drive (VSD) or cycloconverter (CCV) to utilize the possibility of speed variation during operation - The electrical supply system (cables, switchgear, transformers, protection equipment)"

Jan 1, 2014

By Sergio Cattalani, David J. Kerr, Harold L. Gibson

Abstract - The Horne mine was truly a world class Cu and Au deposit. Between 1927 and 1989, it produced some 260 t of Au and 1.13 Mt of Cu from 53.7 Mt of ore that averaged 2.22% Cu, 6.1 g/t Au and 13 g/t Ag. The total value of Au and Cu production from the Horne deposit at metal prices of US$300/oz Au and US$1.00/lb Cu is an outstanding US$5.2 billion. The Horne mine was also a company builder. After optioning the property from Ed Horne (Tremoy Syndicate) in 1922, the Thomson-Chadbourne Syndicate discovered the deposit in 1923 and quickly grew to become Noranda, one of the world’s premier mining companies. This discovery fuelled exploration and, along with subsequent discoveries in the Val d’Or-Cadillac camps, led to the "economic development" of northwestern Quebec. The Horne deposit influenced and continues to influence genetic models for volcanogenic massive sulfide (VMS) deposits. Early observations at Horne contributed to an epigenetic replacement theory for VMS deposits. The most recent genetic model for the Horne, invoking sub-seafloor sulfide replacement of silicified and sericitized volcaniclastic host rocks within a graben, has subsequently been proposed for another giant VMS deposit, the Kidd Creek mine. The Horne and Kidd Creek deposits show many similarities, such as localization within synvolcanic grabens, long-lived hydrothermal activity uninterrupted by volcanism, sub-seafloor replacement sulfides, stacked sulfide lenses, zone refining, silicified footwall rocks characterized by high positive ?18O values, and association with FIII rhyolites. Notable differences between the two deposits include the lack of andesitic, basaltic or komatiitic flows at Horne, different inferred water depths, high Au content at Horne versus negligible Au, but sub-economic to economic concentrations of Sn, In and Cd at Kidd Creek.

Jan 1, 2000

By R Thomson

The use of uranium metal in non-ferrous metallurgical practice is dis-cussed with reference to its alloying behaviour and chemical activity. It is suggested that the more promising applications are in the treatment of molten metals to combine with impurities. Mines Branch work along these lines is described for copper, zinc, magnesium, aluminum and nickel alloys. It is shown that a cop-per-uranium master alloy (25 per cent U) successfully deoxidizes molten copper without detriment to the electrical or mechanical properties of the product at residual uranium levels of up to 0.8 wt. per cent. Additions of uranium to alpha brass in amounts greater than the lead impurity content were found to remove the deleterious effect of lead on hot-workability. Similar deoxidizing and malleableizing effects were found with uranium additions to nickel. It is thought that uranium forms stable intermetallic compounds with many impurity elements. A significant malleableizing effect can therefore be expected in the presence of other elements besides lead.

Jan 1, 1963

By James L. Oleson, Hunter R. Propsom, Kevan J. R. Ford, Robert D. Henderson, Bob Musgrove

"Kinross’ Fort Knox Gold mine, near Fairbanks, Alaska has successfully implemented two major metallurgical continuous improvement projects resulting in growth of gold production and an extension of mine life. In 2009, Fort Knox produced 263,153 oz of gold at a cash operating cost of $543/oz. In 2010, approximately 63% of the gold will be produced from the CIP circuit, 15% of the gold from the gravity circuit and 22% of the gold from the heap leach.In 2009, a 44,000 ton per day run-of-mine valley fill heap leach facility was constructed and commissioned as a cost effective treatment option for low grade ores to supplement the higher grade mill. The heap leach facility will produce approximately 100,000 ounces of gold per year under severe winter conditions. Heap leach gold recovery, based on test work shows 30% after a 55-day leach cycle, with long term ultimate gold recovery targeted at 65%. The paper presents the heap leach design concepts and production data.Additionally in 2009, installation of a Knelson gravity concentrator unit (XD70) was completed. This together with an Acacia intense leach reactor (AILR) has increased overall mill gold recovery from 79.3% to 80.7%. A manual shaking table gold recovery operation has been replaced by batch intensive cyanidation of the high grade Knelson concentrates. Increased removal of coarse gold and difficult-to-leach gold species from the grinding circuit, via the gravity circuit, has improved gold leach recovery in the conventional whole-ore tank leach CIP circuit. The paper presents plant operating data, showing the improvements over the old flowsheet.Focus on the metallurgical properties of the high grade and low grade end components of the Fort Knox ore has resulted in significant improvement to gold recovery."

Jan 1, 2011

By John G. Peacey, Leoncio Sevilla G., Ford. Kevan J. R., Erling Villalobos C.

"Kinross Gold Corporation’s Mantos de Oro (MDO) gold/silver mine in northern Chile currently processes 15,000 tpd of oxide ores through a mill, whole ore cyanide leach plant followed by a Merrill-Crowe refinery. With the expected depletion of these oxide ores in a few years a new sulphide mineral deposit, Ladera-Farellón has been identified to potentially replace existing ore reserves. The deposit contains approximately 0.5g/t Au, 6g/t Ag and 0.5% Cu. The principal sulphide mineral in the deposit is enargite (Cu3AsS4) which hosts the majority of gold and silver and the copper. Direct cyanidation testwork has shown the sulphide mineral is refractory with a low gold recovery of 36% and silver recovery of 45%. Oxidation of the sulphides is required to liberate gold and silver and allow recovery of copper as an important pay-metal. Therefore, at MDO a new metallurgical process route with oxidation as a pretreatment step is required for viable treatment of such new sulphide mineralized material with acceptable recoveries of pay-metals.Analysis of flowsheet options was completed based on bench-scale and pilot scale metallurgical testwork as well as with reference to existing studies and operations. The process options investigated assume concentration of sulphides by flotation, followed by either pressure oxidation, bacteriological oxidation or roasting. Preliminary evaluation of flowsheet options focused on process risk, operability, technology availability and the economics of the project with emphasis on use of the existing metallurgical plant to reduce capital cost. Operating costs for each process option were also included in the relative analysis.The challenges of treatment of MDO sulphides, principally enargite and pyrite for recovery of gold, silver and copper center on fixation of arsenic and sulphur capture with environmentally acceptable disposal of residue tailings. This environmental focus was included in the process option selection and comparative analysis.This paper presents a review of the process options considered and highlights comparative advantages/disadvantages of each process with associated environmental issues. Preliminary conclusions are drawn on roasting as a potentially favorable process option for the treatment of MDO sulphides."

Jan 1, 2009

By L. Garycki, P. Poks, R. Urbaniak, T. Gabka

In 2016 at Głogów Copper Smelter KGHM Polska Miedź S.A., after shutting down the shaft furnaces new FSF was launched. Currently, it is the only smelter with two direct to blister flash smelting furnaces in operation. The main difference between the vessels are the dimensions and production capacity. The new furnace design output is about 30% higher compared to the old flash smelting furnace working for 40 years. The paper presents a comparison of both FSFs operation, differences in technology and the way to optimize the process to maximize efficiency. INTRODUCTION KGHM Polska Miedź S.A. is the only company in Poland (eastern part of Europe) that extracts and processes copper ores. It is located in the south west of Poland and this region is called the "Copper Basin”. KGHM PM S.A. consists of three underground mines: Lubin, Polkowice-Sieroszowice, Rudna, concentrator plants, a tailings pond plant, three copper plants: Legnica, Głogów and Cedynia wire rod plant in Orsk. The publication relates to the operation of the furnaces in Głogów (the plant in Głogów consists of Głogów 1 and Głogów 2 which form integrated smelting and refining facilities). In 2016, after closure of the shaft furnaces technologies in the Głogów 1, a new FSF commenced operation. The simplified process flow sheets are given in Figure 1 and 2. Technological schemes are similar, but due to the differences in them, they will be discussed separately. Głogów 1 Enriched ores are discharged and directed to the feed preparation plant. Delivered concentrates are built up on the three bedding aisles in appropriate proportions. The concentrates are distributed in even layers in one of the three aisles. Aisle emptying is done with a blending machine which cuts across the concentrate layers and collects thus blended material, sending it via belt conveyors to a storage bin. From the cross- blending machine and conveyor assembly, the mixture of concentrates is directed to drying in the steam dryer. Part of the charge is directed to the FSF and part to the roaster for carbon elimination. Known in the world roasters are used to eliminate sulfur compounds or arsenic. In the case of KGHM deposits, the aim of the process is to reduce the energy value of the feed by eliminating carbon and converting sulfur from sulfide to sulfate. Changing the nature of exothermic to endothermic material is crucial in the case of furnace operation with design performance. Roaster is a separate furnace with an innovative character.

Jan 1, 2019

By T. Belem

The main objective of this study is to better understand the effect of underground CPB placement conditions on its microstructural, hydro-mechanical and geochemical properties. To reach this objective, three PVC columns, each 3 m high, were built, and were filled with CPB material. The columns allow simulating undrained (UD), half-drained (HD) and fully-drained (FD) conditions along with the measurement of resulting self-weight consolidation settlement of the CPB. Bleed and drainage waters were also collected from each column for geochemical analyses (pH, Eh, EC, SO42- content). After 90-days of curing time, a total of sixty CPB samples were cored from the backfill columns and subjected to uniaxial compression tests followed by physical characterization (Gs, void ratio, water content, degree of saturation, specific surface area). The results showed that the total drainage water and the maximum observed settlement occur mainly within the first 72 hours after the columns are filled. The corresponding volumetric strains suggest that in situ backfilled stopes simulated behave in a similar way to the fully-drained (FD) or the half-drained (HD) conditions. The MIP test results show that the pore structure varies between the top and the bottom of each column.

May 1, 2007

By J. Gotor, C. Frias, E. Delgado

The Iberian Pyrite Belt (IPB) is one of the world's largest reserves of primary sulphides containing base metals (Cu, Zn, Pb), precious metals and some special metals such as indium. Estimated resources are over 1,500 million tonnes of volcanogenic massive sulphide ores. From 1980´s Europe lives the decline in its mines mainly motivated by the low price of the metals. One aspect that contributed equally to this was the ecological disaster produced by the discharge of more than seven million tonnes from the tailings dam of Boliden-Apirsa (Aznalcollar) in 1998. Today the situation is different; the companies present in the IPB have given evidence that it is possible to reconcile mining projects and care on the environment, and the regional authorities are opening a public tender to re-start Aznalcollar mine. A new challenging era has been started at this Spanish/Portuguese mining area. This paper presents the results and preliminary economics of a project devoted to IPB primary sulphides processing through different technology approach, e.g. conventional selective flotation against bulk flotation or mixed metals flotation combined with hydrometallurgical processing.

Jan 1, 2014

By Bruce Conard

For many years, Bruce Conard has been engaged in reading about and discussing the desired sustainability of the mining and metals resource industry. He has, however, become concerned that there is a greater issue that requires our urgent attention: what challenges do we face as a global society? His Distinguished Lecturer presentation traces the idea of environmentally sustainable economic development but concludes that a business’ interest in its sustainability is predicated on the sustainability of our global society. Conard reviews some of the most serious challenges, including population growth, clean energy supplies, freshwater availability and climate change, and calls on scientists and engineers not only to apply their skills in helping solve these challenges, but most urgently, to speak with intelligence and passion about the need to act now.

Jan 1, 2014

By A. J. Stapleton

"The Copper Mountain mine of Gaspe Copper Mines, Limited was brought into production in January, 1968.This paper describes the organization, scheduling and control of maintenance of large open-pit equipment, including 8-cu.yd shovels and 85-ton electric-wheel haulage units. The facilities for repair as well as maintenance are also described, including repair shops and field repair equipment. Maintenance costs are discussed and particular reference is made to tire inspection, records and costs."

Jan 1, 1969

By B. P. Simser, R. K. Brummer, A. Mortazavi, P. P. Andrieux

"A large-scale panel destress blast was fired at Brunswick mine in the fall of 1999 in order to reduce the ground stresses in a critically important neighbouring mining region. This work, sponsored by the Mining Division of CAMIRO and Brunswick mine, consisted in heavily choke-blasting — and subsequently leaving in place — a massive waste sulphide pillar in the southwest end of the 1000 m level. This paper describes the approach and design methodology used to try to maximize breakage in the rock mass in the area to destress, while minimizing damage to critical infrastructures in the vicinity. The loading operations, as well as the results of the blast — in terms of its field performances, as recorded by near-field blast vibration monitoring equipment, visual postblast assessments and measured impact on the regional stress field — are discussed as well. A brief comparison between the measured stress changes and inelastic numerical modelling of the test site is also presented.Un tir à grande échelle de relâchement des contraintes dans un pilier a été effectué à la mine Brunswick à la fin de l’automne 1999 dans le but de diminuer les contraintes de terrain dans une très importante zone de production adjascente. Ces travaux, financés par la division minière de CAMIRO et la mine Brunswick, consistaient à tirer violemment sans aucune face libre, et à laisser en place, un pilier de sulphures massifs au sud-ouest du niveau 1000 m. Cet article décrit l’approche et la démarche conceptuelle utilisées pour tenter de maximiser les fractures dans le pilier visé, tout en minimisant les dommages collatéraux à des infrastructures critiques se trouvant dans les environs immédiats. Les opérations de chargement des explosifs et les résultats du tir — en termes de ses performances, telles qu’évaluées par de l’équipement de monitoring rapproché des vibrations de tir, d’observations visuelles, et de son impact sur les contraintes de terrain locales — sont également discutés."

Jan 1, 2003

By J. Lee, M. Peart, T. Bhambhani, D. R. Nagaraj, P. Riccio

"Over the past decade or so, our efforts have focused on developing the rationale and concepts for new technology in reagent development and optimization in the processing of base and precious metals. A major outcome of these efforts have been the development of a novel family of collectors, principally driven by the MAXGOLD® and Aero XD-5002® chemistries, for precious metals recovery from primary Au ores and Cu-Au ores. These chemistries was developed to be robust to address the complex mineralogy and gold deportment in these ores. Plant trial data for a variety of ores have confirmed that the both Aero® XD-5002 and MAXGOLD® chemistry are indeed versatile in recovering gold values occurring as gold alloys and/or associated with many types of sulfides, and in altering the deportment of certain sulfides (such as those bearing As, Bi etc). An overview will be given in this paper using plant data to highlight the application of these reagents.INTRODUCTIONThe subject matter of this paper is the flotation of Au containing minerals from their ores. The motivation from this manuscript comes from the several challenges faced with the processing of Au ores, as was articulated in detail by Nagaraj (2008). The biggest challenge is the complex mineralogy; most easy-to-treat free-milling ores bodies are largely depleted. The Au values are distributed in multiple host minerals such as pyrite, pyrrhotite, arsenopyrite and Cu minerals such as chalcopyrite. Au values also happen to be finely disseminated within the various minerals and are sometimes invisible in optical microscopy. Additionally, on any given day, some mines treat multiple ore types, and the mineralogy is different for each ore type.Xanthates continue to be the collectors of choice at most Au and PGM operations around the world. Most primary Au operations tend to consume very large amounts of collectors; the dosage ranges anywhere between 40-400 g/t and this has been attributed to both mineralogical and non-mineralogical factors (non-mineralogical factors include the low cost of xanthates and the mindset that “more is always better”, which is not necessarily the case). In addition, several studies now show that xanthates alone are never sufficient where multiple value minerals are present, and that supplementary collectors are required. The large doses present a substantial cost to the minerals industry, and many mining companies have expressed the need for more efficient reagents that can improve metallurgical performance at low dosages."

Jan 1, 2013

By Christopher P. O?Connor

Stereolithography is a well known rapid prototyping technique in the manufacturing sector. Essentially it is a three dimensional printing process that produces plastic prototype parts from standard CAD files. At present, Canadian mining companies are not fully aware of the potential of Rapid Prototyping Techniques (RPTs) for their production and mine design systems. Mining engineers and geologists attempt to visualize and understand the characteristics and layouts of orebodies on computer models and in cases where it is decided to develop physical models, the process is time consuming based on simplified constructions. Rapid prototyping techniques (RPTs) such as stereolithography can facilitate engineers and geologists to quickly and with satisfactory accuracy to visualize sections of orebodies and evaluate alternative ore extraction techniques using 3D solid models. The research discussed in this paper is carried out by the Laurentian University Mining Automation Laboratory (LUMAL) in collaboration with the Department of Mines Research of Inco Limited and the Integrated Manufacturing Technologies Institute (IMTI) of the National Research Council of Canada. The main objective with this research is to evaluate the applicability of state-of-the-art RPTs (e.g. stereolithography) to underground hard rock mining systems. RPTs can play a significant role in accelerating the design and development process of mining systems.

May 1, 2002

A key point in the manufacture of cemented backfill is the dewatering and settlement of the total tailings product. A new technology characterized by rapid non-mechanical settlement of total tailings has been developed based on a large number of laboratory and field tests, where dynamic settlement and continual slurry preparation of total tailings in a vertical sand silo are realized by the addition of an effective flocculating agent named NPA. It has been shown that the sedimentation velocity of the interface between total tailings and water after NPA was added is 10 to 20 times higher than that without any flocculating agent, that the mass fraction of sand slurry deposited at the bottom of the vertical sand silo reaches 70%, and that the solid particle content in effluent waste water meets national water quality standards. The simple devices used to add flocculants have little deleterious effects on the current preparation tank and have been tested in an industrial environment. The processing cost of total tailings by the new technology is only 10% to 20% of that required for mechanical settlement.

May 1, 2007

By Konstantinos Modis

According to recently established theoretical analysis and under certain conditions, a critical sampling density can be determined for an earth-related space-distributed natural variable. Sampling above this critical limit adds little to the mapping results. The objective of this paper is the application of the above theory to the Sesklo clay quarry in Greece, where Heracles General Cement Company had conducted a sampling campaign to estimate its reserves. The structural analysis of Al2O3 values generated a variogram model, from which the critical sampling density was identified. This critical number was by far lower than the existing sampling density. Clay reserves were then estimated using geostatistics and inverse distance squares in different data schemes with variable densities. The results of the comparisons between the various models revealed that, when the sampling density was greater than its critical value, geostatistics and deterministic interpolation gave similar estimations, which is also in agreement to the theory. The optimal sampling grid finally proposed here, will result to significant cost savings in the next drilling program which is now in plan by the company.

Oct 1, 2009

By Marcel Vallée

Frequently, costs overruns and defaults in mining project performance result in serious problems and headaches for all project participants and impact on corporate objectives, profits and image and, occasionally, lead to project failure. As mining professional s, we should be very concerned that, in a recent World Bank paper (Weber-Fahr, 2001), geological and technical risks were considered the most important ones facing mining projects. Whenever we manage to reduce or minimize these risks, we are in better position to overcome the environment-, market-, finance- and community-related ones. The causes of this situation seem rather systemic, as a fairly long list of industry problems with new pro jects has been described in industry papers in pas t and recent years. A brief review of industry problems with mining projects will be given first, followed by a review of the basics of the current Quality Management and Continuous Improvement perspectives that have evolved from earlier quality control and quality assurance systems and policies. Particular particular attention will be given to the work of W. E. Deming. As the system approach is an essential part of such policies, it will be described succinctly. Given that poor communications and interactions among geologists, mineral processors and mining engineers/operators ca n seriously affect project efficiency and profitability, these interrelated processes with in the mining systems will be analyzed and modelled and the impacts of such situations will be described through a number of anonymous case histories and examples. A synthesis of Dr Deming's management system, includ ing his Four teen P oints and System of Profound Knowledge, will be prese nted .

May 1, 2002

By M. Hall

"SomarioEl circuito de molienda a Selbaie consta de molino semiaut6geno en un circuito cerrado y molino de balas en un circuito cerrado. El amperaje del motor de se usa controlar el tonelaje el molino. Este sistema estabiliza el circuito pero no mejora activamente el rendirniento del circuito. Se desarroll6 auxiliar el rendimiento del circuito un sistema experto en manipular las objetivos de existir control proporcional-integral. Se ejecut6 el sistema con el Comdale /C conjunto del sistema experto y ha side funcional hace tiempo el mayo de 1992. El sistema experto ha resultado en un aumento en tonelaje de 7tph y una disminuci6n de $210,000 en el caste anual de media de molienda. Se describe el desarrollo del sistema y los provechos derivar se presenta.AbstractThe grinding circuit at Selbaie consists of SAG mill and ball mill closed circuit grinding. The SAG mill motor current is used to control throughput. This system stabilizes the circuit but does not actively optimize circuit performance. An expert system was developed to aid the optimization of the circuit by manipulating the set-points of existing PI control loops. The system was implemented with the Comdale /C expert system package and has been on line since May 1992. The expert system has resulted in a net increase in tonnage of 7tph and a decrease in annual grinding media costs of $210,000. The system development is described and the benefits derived are presented."

Jan 1, 1994

By Rajiv Kalra, Ji Jiangang

"This paper reviews the following aspects of the world’s largest manufactured Grinding Mill’s in terms of diameter and power, along with the world’s biggest shop assembly and trial run of the mills delivered to Sino Iron Magnetite Project in Australia.1. An overview of the basic flow sheet of the Sino Iron (Magnetite) Project located in Australia2. An overview of in-house designed CITIC Heavy Industries 12.2 m (40ft) F x 11 m(36ft) LG – 28MW AG mills including FEA and major components3. In-house manufacturing at CITIC-HIC work in Luoyang China of all major components for 6 off Ø12.2 m(40ft) AG mills and 6 off Ø7.9 m(26ft) x 13.6 m(44.6ft) LG – 2 x 7.8 MW Ball Mills4. Major aspects of design and preparation of the biggest shop trial run of Ø7.9 m(26ft) x 13.6 m(44.6ft) LG Ball Mill witnessed by international EPCM’s and clients in July 2009.5. Major aspects of one piece assembly of 1300 tonne rotating element of the Ø12.2 m(40ft) x 11 m(36ft) LG AG Mill and Ø7.9 m F (26) x 13.6 m(44.6ft) LG Ball Mill at the port of the export China and transport to Australian Port and then to site.6. An insight to unique installation methods used for Ø12.2 m(40ft) and Ø7.9 m(26ft) rotating element lifting on the mill foundation in one piece assemblies.7. CITIC Heavy Industries present capability for in house design and manufacture of Grinding Mills up to Ø13.7 m (45 ft) with 35 MW Gearless drives and Ø12.2 m(40ft) with 2 x 10 MW Geared Mill drives"

Jan 1, 2012

By E. G. Kearnery

Introduction It is believed that the present paper will be of some interest, not because of any outstanding features of Renabie milling practice but because Renabie is the first gold mining property in a newly explored area - in Leeson and Rennie townships, Sudbury district, Ontario - to reach the production stage. The Renabie mill was originally designed by the General Engineering Company (Canada), Limited, as a 300-ton plant and went into operation in June, 1947, treating an average of only 128 tons a day for the balance of that year. Toward the end of 1948 the capacity of the plant was expanded to 450 tons a day, and the tonnage treated was gradually increased from the 1947 figure to the point where 420 tons a day was averaged for the first nine months of 1949. Description of Ore In general, the outstanding gangue component of Renabie ore is white quartz, which comprises at least 80 per cent of its total bulk and in some sections considerably more. Virtually all the gold occurs in very finely divided state; only very rarely has free gold coarser than 325 mesh been observed. The ore has a very low sulphide content, ranging from about 0.50 to 1.00 per cent by weight. The gold occurs both free in the gangue and ? locked in sulphides, the proportion of one to the other varying considerably from one orebody to the other. Pyrite is by far the most abundant sulphide, followed by galena, which, however, appears to be entirely absent in some of the orebodies. Minor amounts of pyrrhotite, chalcopyrite, chalcocite, and sphalerite have been noted. The ore appears to be entirely free, or almost so, of minerals containing arsenic, antimony, or molybdenum, and in general it could be described as free milling. The various hindrances to extraction of the gold which have been met with are believed to be due largely to the very finely divided state of the metal and to its intimate association with the sulphides and gangue. The ore contains silver, with the gold-silver ratio about 3:1.

Jan 1, 1950

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