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By P Stephenson, G Mosher, M Berry, C Arnold, P Stoker

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Globally, private minerals companies considering the transition to a public company and entrepreneurs looking to create a new public company through, for example, an initial public offering or by a reverse takeover have many options. For companies with assets around the Pacific Rim, there are arguably five key stock/securities exchanges that actively promote international minerals company listings, and these are located in Australia, Canada, Hong Kong, Singapore and the United Kingdom.Listing on any of these exchanges requires a range of technical, commercial, financial and legal documentation. Each exchange has specific rules and requirements for technical documentation to support the listing process. Once listed, each exchange also has specific rules for technical information to meet ongoing compliance requirements. The nature and detail of this documentation differs for the five exchanges.This paper presents statistics on the minerals company listings on each exchange and provides an overview of the technical documentation required to prepare for an initial listing and ongoing compliance.CITATION:Berry, M, Stoker, P, Stephenson, P, Arnold, C and Mosher, G, 2015. Technical considerations of public listing and ongoing compliance for minerals companies , in Proceedings PACRIM 2015 Congress, pp 101–108 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By R. W. Smith, D. L. Taylor, K. A. Altman

The importance of metallurgical information in reaching appropriate decisions during the development of mining projects is demonstrated. A financial analysis is calculated using a simulation that includes random number generators. The results are compared to the results of a traditional sensitivity analysis. The traditional analysis is shown to have the potential to overestimate the value of mining projects. The type of statistical distribution selected for the random number generator affects the results significantly. The statistical method of analysis provides insight into the amount of metallurgical testing to be completed and verification of how representative the samples are.

Jan 1, 2000

By Northcutt Ely

This volume- summarizes mining and petroleum legislation in 18 European jurisdictions. Within these jurisdictions, primary attention is given to requirements that must be met in each country for acquisition of rights to permit development of mineral resources. Coverage includes: First, identitication of the controlling laws or statutes governing minerals acquisition and reference to the administrative authority; second, analysis; of the laws governing mines and quarries and their products; third, analysis of laws applicable to natural gas, petroleum, and related materials; and fourth, mention of laws regulating offshore operations. Where pertinent, sections dealing with historical background or administration have been added in countries where minerals are subject to control of States or Provinces, those areas are considered separately from the central government.

Jan 1, 1974

By B. F. Naylor, C. H. Shomate, F. S. Boericke

"Ilmenite is the most important titanium-bearing constituent of titaniferous iron ores. Such ores, of which the United States has abundant reserves, are of interest because they constitute an important potential source of both iron and titanium that may be tapped in times of stress, and which eventually may be utilized in the normal course of events.As the iron and titanium constituents of titaniferous iron ores are not completely separable from each other by ore-dressing methods, any process for metal recovery will, of necessity, involve reduction of the iron in ilmenite. Consequently, knowledge of the thermodynamic properties of ilmenite should supplement information already available concerning those ores. With this in view, the Pacific Experiment Station of the Bureau of Mines undertook to evaluate thermodynamic properties; the data obtained are the subject of this report.Three types of experimental work were involved. First, low-temperature specific heats of ilmenite were measured in the temperature range 500 to 29S° K. These data serve to evaluate the entropy, a quantity necessary for a reliable evaluation and correlation of other thermodynamic properties. Second, high-temperature heat-content measurements were made in the temperature range 298° to 1,743° K. The data serve to bridge the gap between room temperature and elevated reduction-process temperatures. Finally, hydrogen-reduction equilibria were measured in the temperature range 1,220° to1,375° K. These data-give a direct measure of the free energy of reduction of ilmonite at these temperatures and, in conjunction with results of the other two types of measurements, serve to obtain the heat of formation of ilmenite, a quantity not readily determinable by direct calorimetric means.The data are correlated to form a composite, self-consistent portrayal of the thermodynamic properties of ilmenite, which may be used in evaluating the efficacy of any reducing agent of known thermodynamic properties. Selective-reduction of iron in ilmenite by hydrogen, carbon monoxide, and carbon are considered in this report."

May 1, 1946

By M. H. HARRINOTON

THE Transactions of the Institute afford abundant evidence of the general recognition by mining engineers of the importance of a safety-lamp which will not only give warning of the presence of fire-damp, but will also indicate the proportion in which it is present.' Mining-men are only too familiar with the frequent and sudden changes that constantly occur at the working-face of a gaseous mine. Nothing illustrates more forcibly the pregnant condition of the strata enfolding the seam and the seam itself, than the fact that a circulation of perhaps 150,000 cu. ft. of air may contain 2 or even 3 per cent. of marsh-gas, representing a volume of from 3,000 to 4,000 cu. ft. of this gas pouring-out each minute from the natural strata into the mine-workings. It would, indeed, be strange if this great outflow of gas were always constant, and it creates no surprise that such earth-breathings, as they may be called, are spasmodic and irregular in their wane and flow. There are other causes that act to vary the gaseous condition of mine-air. Gas has a tendency, often very manifest in mine-workings and airways, to stratify and, at times, to travel long distances in veins or streams. It is common to catch and lose the gas in the lamp when making a test. At times two lamps, held side by side in an air current, will indicate different gaseous conditions of the passing air. When testing for gas, the lamp may suddenly fill with flame, in a mine-chamber, where a moment before a careful test showed the presence of but 1 per cent. of gas. It is sometimes remarked that there is little need of detecting a smaller percentage of gas than is revealed by the common

Jan 1, 1906

By Collin Stewart

Bowie Resources, LLC (Bowie) has been using the Stability Mapping System (SMS) developed by Dr. Keith Heasley, West Virginia University, since 2005. Seven three-entry longwall gateroads, four longwall panels and a five-entry set of mains have been mined in two different seams in areas originally analyzed with the SMS. This paper compares predictions of mining conditions based on the SMS with actual mining conditions. Specific comparisons include longwall and continuous miner (CM) productivity, longwall tailgate response and support and CM roof bolting requirements. The paper also discusses current thoughts at Bowie on the use of different weighting factors for CM development, longwall face conditions and longwall tailgate support requirements.

Jan 1, 2007

By N. A. Warner

Fundamental studies on the reaction of limestone or dolomite at high temperature with S02 are extended to the realm of large scale primary copper smelting. Whereas flue gas desulfurisation in the electric power utility industry is concerned with S02 concentrations normally less than 0.5 percent, high temperature smelting gases can have S02 levels approaching 100 percent. The reaction involved is very exothermic so proposals are made in this paper for returning the heat generated in sulfur fixation directly back to the copper smelting process. This integration leads to metal production with lower energy requirements than current technology. The anhydrite reaction product can either be disposed of locally with minimum adverse environmental impact or upgraded to a value-added product. It is assumed, of course, that no viable market exists to support sulfuric acid production.

Jan 1, 1996

By Richard J. Hartman

This presentation identifies some of the more common problems associated with cofferdam construction. After the various problems are identified, they are briefly explained and possible solutions and preventive measures are noted. Photographic slides used during the seminar illustrate the conditions. This discussion is limited to cofferdams which are braced structures excavated inside to allow access for construction. The common procedure is to drive sheet piling and then alternatively install bracing and excavate. They can be located either on land or in water. Loads are applied by soil, water, surcharge pres-sure, eccentricities, and impact loads. The loads are resisted by the sheet piling, the bracing, and the soil below the bottom of the excavation; each of these three components must be capable of resisting the applied loads.

Jan 1, 1987

By Phillip Martin Warren

Safety and productivity are critical factors in the performance of the Australian Mining Industry. In this sense, the paper point out that while the multiple dimensions of both training and productivity make it difficult to quantify the relationship, it is clear from this study that organizations that conduct training consider that there is a very positive link. Training is seen as a very important activity by the vast majority of organizations surveyed, and is an activity from which they consider they are gaining significant, and often very substantial productivity benefits. Therefore, it predicts well for productivity of Australian enterprises which invest in training.

Sep 13, 2001

By D. B. Spears

The sillimanite group includes the aluminosilicate minerals sillimanite, kyanite and and alusite, all of which have the same chemical composition (Al2SiO5). This discussion also includes the closely related mineral, mullite(about Al6Si3O15), which, although rare in nature, is produced artificially for industrial use. All of the minerals in this group have a low coefficient of thermal expansion and high corrosion resistance. This makes them desirable for refractory applications, especially in the steel and foundry industries. Other uses include electrical insulators, abrasives and household ceramic products. The minerals in the sillimanite group decompose with an irreversible expansion at temperatures between 1,300° C and 1,600° C (2,372° F and 2,912° F). Sillimanite and and alusite have relatively small expansion on decomposition (4 percent to 6 percent) and, therefore, can be used as aggregates in refractory products. Kyanite’s expansion on decomposition is large (18 percent). So it is sometimes used to balance shrinkage of other materials such as clays in refractory mixtures. For applications requiring high-temperature volume stability, mullite is more desirable. As an additive, mullite improves resistance to creep and corrosion, and imparts thermal and electrical insulating properties.

Jan 1, 2005

By P D. Katsabanis

"This chapter describes the principles for the derivation of the equations for a detonation wave.. Theimportance of the equation of state for the detonation products is demonstrated and commonly used equations of state are discussed. Furthermore a brief introduction to the TIGER code is presented."

Jan 1, 1992

By I. M. Marshall

A review of technical literature covering Canadian mining emphasizes the advancement and changes that have been made in mining practice. However, current technical publications rarely outline basic principles or state definite rules that govern profitable mine operation. it may be argued that the broad principles of mining have long a go been outlined in various handbooks, text-books, and periodicals, and that these principles never alter. This is in great part true, but modern machinery, improved meta1-lurgical practice, and other advances, have in part modified these principles or changed the manner of their application. Many engineers hesitate to state specific rules, because it is so easy to quote an exception to a rules that any such statement appears to lose weight upon its very utterance. The exception to rules, and the reluctance to formulate rules, has forced such maxims as "the only rule in mining is the point of a pick," and "gold is where you find it". As an illustration of rules and their exceptions, one might quote the time-honoured maxim that a mill should not be built before a shaft has been sunk on a property in point of fact, Canadian mining history is replete with examples of wasted capital where a mill was built before a shaft had been bottomed. Y et this past year has seen a property enter profitable production whereon the building of the mill was started before the shaft was sunk. Instances such as this should not be accepted as evidence that a rule has been overthrown, but rather as an exception to the rule. The case cited pays tribute to the application of the diamond-drill combined with the correlation of sound geology. Incidentally, both these features emphasize a modern trend in the development of Canadian mining properties-a trend that is perhaps worthy of further comment. It is such trends that affect the principles of mining or modify their application. It is with such that this paper deals, at ]east in part. It is hoped that the statement of principles and the opinions herein outlined will be of sufficient interest to arouse discussion.

Jan 1, 1939

The residues produced during the incineration of leather scraps contain significant amount of chromium which can be recovered and reused in the tanning industry. The objective of this study is to develop a cost effective method for chromium recovery from leather ashes produced during the incineration of leather scraps using a fluidized bed incinerator. The entire process investigated involves fusion of leather ash with sodium carbonate in air to oxidise chromium to sodium chromate, leaching with distilled water to dissolve chromates, and chromium reduction from the hexavalent to trivalent state by sodium thiosulphate solution. The main factors affecting chromium extraction, such as temperature, reaction time, and sodium carbonate to leather ash ratio, were investigated. Based on the results obtained, almost 100% Cr extraction can be obtained at 700°C fusion temperature, sodium carbonate to ash weight ratio equal to 3 and retention time longer than 50 min.

Jan 1, 2006

By W. M. Bangert, F. S. Boericke

"INTRODUCTION Determination of the thermodynamic properties of metallurgically important compounds of chromium has been one of the activities of the Pacific Experiment Station of the Bureau of Mines. Earlier reports have dealt with the entropies 4/ 5/ of chromium, chromic oxide, and chromous and chromic chlorides, with the thermodynamic properties of the chlorides of chromium, 6/ and wits the thermodynamic properties of the carbides and oxide of chromium. 7/ Evaluation of the thermodynamic properties of chromite, FeO.Cr2O3, is desirable, as this material in impure form constitutes the only natural source of chromium of any consequence.Two general methods are available for directly determining heats of formation - (1) measurement of heats of combustion and (2) measurement of heats of solution. Neither of these methods is directly applicable at present to ferrous chromite, which accounts for the lack of previous data. Combustion of a stoichiometrical mixture of iron and chromium under conditions prevailing in a calorimetric bomb yields a mixture of iron and chromium oxides rather than chromite. None of the usual calorimetric solution media dissolve chromite at temperatures low enough for solution calorimetry. Sulfuric acid and an oxidizing agent, such as MnO2 or CrO3, are known to dissolve chromite, but the possible calorimetric use of t is medium would require long preliminary investigation. Consequently, recourse must be taken to some indirect method. At the start of the present work, the most promising method appeared to be the determination of equilibria in the selective, reduction of the iron in chromite by hydrogen;"

Jun 1, 1945

By Patrick A. Hamilton

This Bureau of Mines report delineates the coal reserve base of anthracite, bituminous and subbituminous coals, and lignite, by mining method and sulfur content, for coal-bearing States west of the Mississippi River. The parameters used to establish the reserve base definition are the result of a joint agreement by the Federal Bureau of Mines and the U.S. Geological Survey. The reserve base of low-sulfur coal, =10 percent sulfur, is 167,324.5 million tons; medium-sulfur coal, 1.1-3.0 percent sulfur, is 37,531.5 million tons; and high-sulfur coal, >3.0 percent sulfur, is 11,244.1 million tons. The reserve base of coal with an unknown sulfur level is 18,323.0 million tons. The percentages of deep and strippable coal are 56 percent and 44 percent, respectively. The basis for reserve base estimates and analytical data for this report was the Fuels Availability System, a Bureau of Mines data bank containing numerous data tin fossil fuels. Information contained in the system was obtained from publications of the Bureau of Mines, U.S. Geological Survey, State agencies, private publications, and company data.

Jan 1, 1975

Lime-enhanced carbothermic reduction may provide an alternative process for treating low grade chalcopyrite concentrates. To date, most research on lime-enhanced reduction has been on pure, synthetic sulfides. In this study, preliminary experiments were carried out on natural chalcopyrite using a thermal analysis system to assess the rate and extent of reaction at several temperatures and identify the major solid and gaseous reaction products. Calculations were performed to establish the thermodynamic limits of the reactions in the temperature range of interest in order to identify the potential conditions for processing chalcopyrite concentrate. The study found that finely ground chalcopyrite can be reduced carbothermically in the presence of lime at moderate temperatures and in a reasonable time to form metallic copper, with the sulphur reporting virtually entirely to calcium sulfide. At temperatures below about 750?770ºC calcium ferrite is the stable form of iron whereas at higher temperatures metallic iron is stable. Further work is required to demonstrate the reaction on a scale to obtain sufficient sample for evaluation of subsequent processing steps to remove the gangue material and iron products from the copper.

Jan 1, 2009

By Hal W. Hunt

Steel and concrete piles and power-actuated hammers have developed almost entirely within the past 100 years. Prior to that time, piles were mostly timber, driven with a drop hammer or a maul. The Engineering News Formula ? for timber piles driven with a drop hammer at a factor of safety of six ? was promulgated by Wellington in 1888. Steel com­panies supplied fabricated and rolled shapes for piles in the early 1900's. The thin shell and then uncased concrete piles originated about that time. Now leads have become sophisticated to accurately spot a pile at any required batter. Hammers have grown to phenomenal size and vibratories are being accepted at full value.

Jan 1, 1984

Four taconite plants were studied to establish the extent of hazard to plant personnel which exists based on long-term exposure to noise. The criteria for evaluation include the 90 dBA and 85 dBA summations of partial exposures. Data from extensive interviews were used to determine all work stations or locations which employees occupied and how much time they spent in ach location in a typical working day. Noise level measurements at every designated location were then made. By means of a computer program, these time and noise level data were us d to find the optimum noise reductions which would be required throughout each plant to meet both noise criteria. Subsequently, each plant was examined in detail so that the apparent sources of noise for each of the locations requiring noise reduction could be delineated. In tabular form, this report presents the hazardous locations for each plant, the existing noise level, the optimum noise reduction which would be required to meet the current and proposed laws, and the sources of noise which produce the existing noise level.

Jan 1, 1977

By W. J. Miles

At the beginning of the 20th century, barite was a mineral of minor importance in the USA. Its primary use was to extend lead oxide in white paint. Barite also added the special qualities of hiding power and flatness to paint. Because white lead sometimes turns black or yellow and barite does not, ground barite became a pigment on its own merit. Barium chloride was added to bricks before firing to stop efflorescence when exposed to weather. Barium carbonate or nitrate added luster and brilliance to glass. Barium chemicals were added to refining sugar, enameling iron, making oilcloths and paper collars, and in the manufacture of paper, artificial ivory, rubber and lithopone. Lithopone became a major paint ingredient in the 1920s; its use lasted until the 1950s, peaking at 150,000 metric tons of barite in both 1937 and 1947 for the manufacture of lithopone. Later in the 20th century, titanium dioxide replaced lead oxide, barite and zinc oxide in the coatings industry. In the 21st century, barite is used as a filler, extender, or weighting agent in products such as paints, plastics, and rubber. Some specific uses include its use in brake and clutch pads for automobiles, automobile paint primer for metal protection and gloss, add weight to rubber mud flaps on trucks, and add weight to the cement jacket around petroleum pipelines under water. In the metals casting industry, barite is part of mold release compounds. Because barite significantly blocks X-ray and gamma ray emissions, it is used as aggregate in high density concrete for radiation shielding around x-ray units in hospitals, nuclear power plants, and university nuclear research facilities. Ultra-pure barite consumed as liquid is used as a contrast medium in medical X-ray examinations. Barite is the raw material for barium chemicals, such as barium carbonate, which is an ingredient in faceplate glass in the cathode-ray tubes of televisions and computer monitors. In the 21st century, barite industrial uses account for an estimated 78,000 tons per year in the United States. Another barite use was patented in 1926 by the oil industry. In this patent, barite is primarily used as a non-abrasive weighting agent for drilling for oil and gas exploration and production. As a weighting agent, it provides the downward force in a water based or oil based drilling fluid for cutting through rock with a tri-cone diamond drill bit. In order to minimize the wear on the drill bit and drill stem, minimum abrasion of the weighting agent is preferred. In recent years in the USA, 95% of the barite produced and about 80% on a world basis are used as a fluid weighting material during the search for oil and gas. During the latter part of the 20th century, barite was used in the drilling mud of oil and gas wells, particularly for wells deeper than 2000 meters, and petroleum well drilling demand for barite became the mineral?s major end use during economic expansions after World War II and subsequent increased use of oil and gas in the USA. The profitability of oil and gas production had a strong effect on the number of drill rigs and consumption of barite. The United States was the leading petroleum well drilling country starting in 1970, reaching 4,530 drill rigs in December 1981, and was the largest consumer of barite. In the USA, record highs of about 2.6 million tons of barite produced and 4.3 million tons consumed were reported in 1981. From 1997 to 2006, barite production declined from 662,000 to 589,000 metric tons. However, USA imports increased from 1,470,000 to 2,530,000 metric tons for lump barite. World production of barite increased from 6,780,000 to 7,960,000 metric tons during the same period. Table 1 (see Appendix) lists USA production, imports and exports and world production from 1997 to 2006. Major sources of imported barite include China, India and Morocco. Table 2 (see Appendix) lists the USA imports and price of barite by country. China, India and Morocco are the three largest exporters of barite to the USA and the world. Vietnam is a new producer, beginning in 2006. IMPACT OF CHINA ON DRILLING GRADE BARITE In the 1970s or before, China began supplying barite to the world drilling market in order to help develop their economy. When China first entered the barite export market, their high production volume, low pricing and low ocean transport expenses to the Gulf Coast forced barite producers in the USA to supply only regional markets, such as Battle Mountain Nevada barite for the western and Rocky Mountain states and Canada. Until recently, it was China?s government policy for domestic consumers to use barite below the API 4.20 specific gravity specification, leaving higher grades for export, but this is no longer the case. In recent years the internal demand for barite in China increased tremendously as their economy rapidly developed. China reduced their former 15% VAT tax rebates to 5% for Chinese barite producers, and then eliminated all VAT tax rebates on December 15, 2006. On the supply side, some high-grade barite deposits in China have been depleted. In particular, the low heavy metals sources are less plentiful. Additional mine capacity is being developed, but the new mines are underground and therefore costs will be higher. China?s appetite for other raw materials has tied up a large portion of the world?s bulk vessel fleet, including Panamax vessels (preferred for barite ore transport). Ocean transport freight rates have increased in recent years, and receiving ports in the USA are congested with imports of higher-added-value products. The Panamax Index, which tracks maritime shipping rates, more than doubled in 2006. China has also devalued its currency from RMB8.30 to RMB7.80 per dollar. These factors are driving up the import price of crude and ground barite for drilling. In addition, in the USA, rail congestion and high fuel prices led to higher trucking rates, increasing the delivered cost of ground barite to oil customers. India is the second largest supplier of crude barite to the USA and world drilling market. It produces all of its barite from a single deposit in the Cuddapah region of Andhra Pradesh State. More than 90% of production comes from the State-owned Andhra Pradesh Mineral Development Corp., and the government continues to closely control production, export volumes, and prices. India saw a dramatic increase in barite prices as a result of its last 3-year tender in 2004. However, in 2004 and 2005 their shipments of crude barite to the USA were not significant. In 2005, India began supplying barite pulverized to meet API specifications to the Gulf Coast. In 2006, Indian production was reduced owing to severe flooding in November 2005 that curtailed mining until mid-April 2006. Morocco has been the third largest supplier of crude barite to the USA and world drilling market. In 2003 and 2004 their shipments of crude barite to the USA were not significant. In 2005, Morocco resumed shipment of crude barite to the Gulf Coast and began supplying barite ground to meet API specifications to the Gulf Coast.

Jan 1, 2009

By Michael Ostrowski

While the words “explosives” and “blasting” cause insurers to become apprehensive, skilled contractors using modern techniques under controlled conditions rarely cause serious damage or injury. However, blasting operations frequently result in complaints and, consequently, insurance claims. The purpose of this bulletin is to inform construction project participants of some of the measures which may be taken to reduce losses arising from blasting operations.

Jan 1, 2003