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By Jim Excell, Jim Rothwell, Mike Rylati

"LocationThe Ekati Diamond mine is located at Lac de Gras, Northwest Territories.Brief Description of OperationBHP Diamonds Inc. has developed Canada's first diamond mine in the Northwest Territories (NWT), Canada. BHP Diamonds Inc. is part of the BHP World Minerals Division ofBHP Minerals. The project is a joint venture between manager and operator BHP (51%) and the Blackwater Group (49%). The Blackwater Group comprises Dia Met Minerals Limited, Charles Fipke and Stewart Blusson.Production at the NWT diamonds project began in October with the mine officially opened October 14, 1998. The project is situated on an 853 000 acre claim block located in the Lac de Gras region of the NWT. It is about 300 km northeast of Yellowknife and 100 km south of the Arctic Circle. The seasonal winter ice road to the Echo Bay Lupin mine passes along the eastern margin of the project area. This allows road access each year from mid-January to mid-April. For the remainder of the year, the project is accessible only by air.HistoryIn 1980, Charles Fipke traced indicator minerals east from the Mackenzie River area. He discovered indicator minerals in the Lac de Gras area and staked mineral claims in 1989. A joint venture was formed between BHP and Dia Met in 1990, and in 1991, the first diamonds in the NWT were discovered at Point Lake by BHP and Dia Met. This initiated the largest staking rush in Canadian history. The joint venture launched an aggressive exploration program.Koala, Fox, and Leslie were identified in 1992 as potentially economic pipes.As soon as the project's potential was established, it was recognized that an enormous amount of work had to be completed in several areas before a mine could be developed, namely: technical evaluation of the resources; environmental and socio-economic evaluation to procure the necessary permits for the development; and engineering design to optimize mining and processing of the resource and to comply with specific environmental requirements."

Jan 1, 2000

By D. E. Keeley

Introduction Gunite is a mixture of sand and cement applied to any surface by being shot by compressed air through a nozzle, where it is wetted just before leaving the orifice. The mixture is transported through a hose from a machine called a 'cement-gun'(l). Guniting of rock surfaces has been standard practice at the Mcintyre Porcupine Mines, Limited, for several years. Where used on walls and backs of cross-cuts; shaft stations, and other rock openings, as an air seal, gunite has eliminated the necessity of constant scaling to keep rock from falling from these places, and, under worse conditions, it has been used in place of timber supports. This has been of definite help in reducing costs, promoting safety, and minimizing fire hazards. During the past year guniting has been quite extensively used here in the rock head-works of the new internal shaft, No. 12, sunk from the 3,875-foot level. Gunite is at present being applied to the stations of that shaft well below a mile from the surface. This paper describes the method of guniting as carried out at the McIntyre, and illustrates how, by the adoption of this process, mining problems connected with scaling and loose ground have been completely solved. It is hoped that the information presented may stimulate discussion and assist in the use of gunite in this and other mines. The guniting method of applying cement was first developed by Carl E. Akeley (2), Curator of the Field Museum, Chicago, in 1907, and was exhibited in New York at the Cement Show in 1910. The museum was located in one of the old World's Fair buildings, built of roughcast and in bad repair. Mr. Akeley, who was a man of inventive nature, set about devising means of applying cement to repair the walls. The cement-gun was the result. Mr. Akeley was a taxidermist of note, a sculptor, and also the inventor of the Akeley camera. In his work, he was in the habit of using fast setting materials to build up foundations for statues, etc.

Jan 1, 1934

By Federick W. Miller

The Bureau of Mines has investigated the availability of columbium from 19 deposits (3 producers and 16 nonproducers) in 7 market economy countries (MEC?s). Brazil has the largest recoverable columbium resource, posessing approximately 2.39 million metric tons Wmt), or 69 pet of the MEC total (3.47 Mmt). The Western Hemisphere countries of Brazil, Canada and the United States contain 3.14 Mrnt of recoverable columbium or 90 pnt of the MEC total. Columbium recovered as a byproduct of tin mining is not included as part of MEC resources in this study. Currently producing mines are Araxa and Catalao in Brazil, and Niobec in Canada, These three mines have 2.42 Mmt of recoverable resources or approximately 69 pct of the MEC total. It is estimated that these mines, operating at full capacity, could satisfy cumulative MEC demand (based on an annual growth rate of 5.1 pct) for the next 20 yr. The United States is totally dependent upon foreign sources for its columbium supply. The majority of U.S. columbium is imported from Brazil in the form of steelmaking- grade ferrocolumbium. Canada has been the sole source of pyrochlore concentrates since Brazil discontinued exports in 1981. The United States also imports small (but important) quantities of columbium as columbite concentrates from Nigeria and Brazil, as columbite contained in tin slags from Thailand and Malaysia, and as synthetic concentrates from the Federal Republic of Germany.

Jan 1, 1986

By N. T. Rempe

Proper use of natural resources is multiple use. Underground space resulting from mineral extraction offers opportunities for deep geologic waste disposal (DGWD) which can solve many environmental problems. U.S. government projects plan to use specially mined excavations to dispose of radiotoxic and mixed waste. DGWD takes careful planning, technology transfer, and true partnership between waste generators and mine/repository operators. Using the experience, accumulated by domestic projects in preparation, and by foreign repositories in operation, U.S. mines can claim their rightful share of the growing market for DGWD.

Jan 1, 1996

By Frederick C. Trutt

A guide to the development and utilization of an interactive mine-power-system fault program (Z-bus by algorithm) is presented. Theoretical foundations, as well as implementation considerations are discussed with respect to the mine-power system. Alternative Kron reduction techniques are presented along with a triangular-storage method for storage conservation. Program capabilities include the analysis of balanced and unbalanced (line-to-line, line-to-ground, and line-to-line-to-ground) fault situations using symmetrical component theory. To account for phase shifting in delta-wye transformers and zero-sequence network constructions, transformer and load configurations are specified by the user. The positive-and zero-sequence connections needed for network conformity are automatically constructed with the required impedances.

Jan 1, 1979

By N. C. Carter, Wm. H. White, J. E. Harakal

"Of twenty-one ore deposits in British Columbia which are either in production or advanced stages of exploration, five have potassium-argon ages in a range of 165-205 m.y., eight are in a range of 44-55 m.y. and the remainder are either ca. 140 m.y. or ca. 100 m.y. old. Deposits of the oldest group have generally similar geological environments and radiometrically indistinguishable ages of magmatic and hydrothermal minerals. Deposits of the youngest group also have similar geological environments, with successive magmatic and hydrothermal events closely intermingled in time and place. Such deposits find no comfortable home in existing classifications of ore deposits. 1t is suggested, therefore, that those epigenetic deposits which can be shown by radiometrie and/or geologie means to be coeval with genetically related magmatism be designated as ""paramagmatic deposits."""

Jan 1, 1968

By J. Guha, D. Racicot, S. Peloquin, F. Lange-Brard, S. Bureau, A. Tremblay

The Devlin copper deposit consists of a flat-lying vein and a network of steeply dipping mineralized veinlets hosted by leucotonalite of the Chibougamau Pluton. Most of the vein is enclosed in a hydrothermal breccia zone which has been superimposed on a primary igneous breccia formed during the emplacement of the leucotonalite unit. This igneous breccia contains cognate fragments as well as fragments of the Dore Lake Complex, host rock to the pluton, set in a leucotonalite matrix. The hydrothermal breccia is formed of fragments of leucotonalite and the earlier breccia set in a matrix of finely comminuted rock variously altered in a roughly zonal arrangement. The major ore-bearing structure is the tabular flat-lying vein, varying in thickness from 10 centimetres to 1 metre, with a slight dip to the northeast. Well developed fracture planes, in four major orientations, contain both sulphides and gangue minerals. These appear to be displaced by the flat-lying vein. Late movements affecting the deposit include minor vertical displacements and an east-west shear truncating the southern edge of the vein. Widespread selective alteration of the leucotonalite, followed by multiple alteration veining stages characterize the deposit. Fluid inclusions associated with the mineralization indicate low temperatures, variable salinities with a variety of daughter minerals, and a vapour dominated phase. The fluid shows evidences of boiling at shallow depths. The sequence of events envisaged for the Devlin deposit is a primary brecciation during emplacement of the leucotonalite unit with widespread selective alteration possibly during the cooling stages followed by hydrothermal brecciation and late stage fract uring producing the vertical fractures and the flat-lying vein. From the alteration characteristics and the fluid data it is inferred that the Devlin deposit is the near-surface expression of a porphyry system.

Jan 1, 1984

By S B. Fitch, S A. Wilson, A J. R Barr, P R. Searle

Improving the safety culture and performance of any operation is a fundamental goal of every mine operator. Methods of implementing, or changing a culture have developed from the early methods of operant conditioning, for example rewarding crews for achieving nominated safety milestones i.e. 3 months Lost Time Injury (LTI) free through to the current model of engaging a workforce through education and empowerment. As a large scale and mature operation with multiple contractors, Telfer has been exposed to numerous programs throughout its history. This has provided the opportunity to build on and complement these systems by integrating key elements from each. SAFE 360° is a new approach developed to engage the workforce in a holistic approach to encourage positive behaviours across all facets of an individual’s life which results in a focus on situational awareness at all times, rather than being workplace specific. It is based on three key modules: • Emotional Intelligence • Mindfulness • Situational Awareness Each module has a series of modules that help enhance the individual’s sense of self, leading to an ability to self-reflect and self-manage whilst empowering them with the moral courage to challenge their peers to raise standards. Since commencing this SAFE 360° behavioural safety risk management journey in November 2017, we have witnessed a change in the way our workforce engages with each other, their workplace and with management. There has been an increase in hazard perception, identification and ownership of issues, and we have seen a significant decrease in site TRIFR rate from 13.7 to 5.7 (as of April 2019). This paper will provide an overview of the program, how it has been implemented, case studies to demonstrate outcomes and KPIs used to measure effectiveness.

Mar 15, 2021

By ALFRED T. BARR

In certain areas of the New Cornelia pit, considerable secondary blasting is necessary to reduce oversized boulders, formed from primary blasting, to pieces which will pass the 41/2-cu yd dippers on the shovels. Some of the boulders are 'dobied, but when time permits they are blockholed and blasted. In most instances one hole drilled to a depth of 2 to 3 ft and blasted with 1/3 to 1/2 of a stick of powder will break a boulder satisfactorily. Blockholing is normally done by using a jackhammer of the 55-lb class, 1-in. round drill steel, and detachable steel bits, 2-in. gauge when new. A bit change is usually made after the completion of each hole. The use of light drilling equipment in blockholing is desirable, both from the standpoint of safety and ease of doing the work, and when it was seen there was a possibility of using a lighter jackhammer through the use of tungsten-carbide bits and at the same time get at least the same drilling efficiency as with the standard equipment, it was decided to test tungsten-carbide bits. The claims for long life of the bits and footage drilled before resharpening gave hopes of eliminating much of the delay time in changing bits which is unavoidable with the use of steel bits. and thus gain in actual drilling time.

Jan 1, 1949

By Anil Mahyera

This report present the results of a laboratory and field research program aimed at design and development of a torque-thrust controlled bolter with the capability to (1) predict the "quality of anchorage" attained while installing mechanical anchor roofbolts, and (2) improve the uniformity and tension levels achieved among a group of roofbolts. The prediction accuracy of the anchorage quality algorithm ranged from low to moderate because of the complexity and variability of the phenomena involved. The best roof support with mechanical anchor bolts was found to be achieved by simply installing them under ? proper torque-thrust control, and with ? a hardened washer under the bolthead. This procedure resulted in an improvement in uniformity of 3 times, along with an increase in mean tension levels of 75% over conventionally installed roofbolts.

Jan 1, 1983

By Ralf Plinninger, Pafos Busch, Richard Gradnik

This paper presents the details of the Bad Bergzabern tunnel project. This tunnel is the main part of the B427 federal road bypass, intended to improve the regional traffic infrastructure and to reduce the traffic load in the historic city centre of the health resort Bad Bergzabern. Located in the south-western part of Germany, the project area is situated at the eastern margin of the so-called Palatinate Forest, a low mountain region of mainly triassic sediments with a complex and variable geological history. The German federal government, represented by the office of mobility of Rhineland- Palatinate, awarded the contract to BeMo Tunnelling, a specialized Tunnelling company with a long history of innovation and success in NATM tunnelling. The contract includes the construction of two separate tubes with a length of approximately 1,44 km (0.9 mi)—the road (main) tunnel with a cross section of 101 m2 (1,090 sq ft) and a parallel rescue tunnel with a cross section of ca. 23 m2 (250 sq ft.) Both are connected by six cross passages. Tunnels and cross passages are excavated according to the principles of the New Austrian Tunnelling Method (NATM). Due to BeMo Tunnelling’s technical expertise and capabilities, the project team was able to engineer a speed-up concept that saves money and time for the construction team and client. This paper presents the innovative approach BeMo Tunnelling made to optimize the execution of the tunnelling works and the challenges the project team is facing with regard to a complicated geological situation, countermeasures against an increasing effect of climate change and volatile prices for construction materials.

Jun 13, 2023

By Sabry A. Sabour

Metal price is among the key variables in the open pit optimization and the economic evaluation process. The common approach to handle metal prices in open pit mine planning is to optimize the ultimate pit and the mining schedules using a fixed, flat metal price. In this respect, metal price is assumed to be known with certainty throughout the entire mine life, which in some cases can reach 80 years. Given the volatile nature of metal markets and the metal price cycles, the conventional pit optimization approach may generate sub-optimized mining plans, which results in either extra costs to mining projects or lost revenues, or both. Long-term operational decisions such as future pit expansions, beyond the currently optimized limits, cannot be handled using the pit optimization approach based on flat metal prices. There is a growing interest in the mining industry to model and manage such market uncertainty in the pit optimization as well as the project evaluations in order to maximize the value of mining operations. In this paper, the author will outline a practical approach to optimize the ultimate pit taking into account the volatility and variability of metal markets. The proposed approach uses a combination of the pit optimizer of the commercial MineSight package and a simulation-based economic modeling real options valuation approach employing the least-squares Monte Carlo algorithm. MineSight pit optimizer employs both the floating cone for initial optimization exercise and the standard Lerchs-Grossmann algorithm. In this paper, Lerchs-Grossmann option will be used to generate the pit shells. Real options valuation approach used in this study is based on generating multiple metal price scenarios. Metal price uncertainty is modeled using stochastic metal price models such as the geometric Brownian motion and the mean-reverting process. The mining operational scenarios corresponding to the simulated metal prices are then optimized using the least-square Monte Carlo approach. The objective is to maximize the discounted cash flow value of the project while incorporating the operating flexibility to revise the operating status of the open pit with time as new information becomes available. The focus of this work is on the practicality of the proposed uncertainty-based pit optimization approach and the difference it can make to the technical operational mining decisions. A case study of a hypothetical open pit poly-metallic mine is provided. The deposit contains copper, gold and silver grades. The run of mine ore is sent to the process plant that produces copper concentrate with copper as the main metal and gold and silver as the by-products. Four uncertain variables are considered here include copper, gold, silver prices and foreign exchange rate. Both copper price and exchange rate are modeled using the mean-reverting process while gold and silver prices are modeled using the geometric Brownian motion. The case study is performed using both the conventional flat price pit optimization approach and the proposed uncertainty-based one to compare results.

Aug 1, 2013

By David R. Lentz

At True Hill in southwestern New Brunswick, low-grade porphyry-style Bi-8n-Mo greisen mineralization is associated with the cupola of an epizonal granite porphyry (granite) that also exhibits three episodes of brecciation. The first episode of brecciation is an in situ, 8 m to 10 m wide transitional zone of net-veined to coarse-grained "blocky" endogranitic mesobreccia that is chloritized and greisenized and hosts weak disseminated minerali.zation. In a zone closer to the host rockgranite contact, angular fine- to coarse-grained endogranitic mesobreccia with greisenized matrix is superimposed on the earlier transitional breccia. The latest episode is fault-controlled and consists of quartz- and chalcedony-hosted sub-angular to rounded fine-grained "pebble" mesobreccias that crosscut and brecciate the other breccia types, as well as the adjacent altered metasedimentary country rocks. The first two episodes of brecciation are magmatic-hydrothermal in origin related to hydrofracturing of the granite carapace and are accompanied by greisenization and mineralization, whereas the post-mineralization, silica-hosted, "pebble" mesobreccias related to hydromagmatic, low-temperature fluid circulation and/or boiling along faults near the contact. These magrnatichydrothermal and hydromagrnatic mesobreccias are similar to those associated with W-Mo-Bi porphyry-greisen mineralization at the Mount Pleasant deposit.

Jan 1, 1994

Abadilla, Quirico A. Catanawan, Tayabas, P I '20 Abbey, Robert Graham, District Mgr., The W. W. Sly Mfg. Co, 50 Church St, New York, N. Y. '21 Abbott,-A. N., Mines Supt, Mazapil Copper Co., Ltd .. Concepcion del Oro, Zac., Mexico. '23 Abbott, Clarence E., Mgr, Mines & Quarries, Tenn. Coal, Iron & R R Co. 1242 Brown Marx Bldg, Birmingham, Ala. '04 Abbott, Louis Benjamin, Chief Engr, Consolidation Coal Co, Elkhorn Div . Jenkins, Ky. '15 Abeel, George H., Jr., Cons Min Engr... . Box 427, Santa Monica, Cal. '18 Abel, Albert E., Asst. to Pres., Valley Mould & Iron Corp Hubbard, Ohio. '19 Abel, Raymond L., Asst. Prof., Dept. of Pet. Refin , Univ. of Pittsburgh Pittsburgh, Pa. '28 Abernathy, George Elmer, Prof. of Geol. & Min., Kansas State Teachers College. Pittsburg, Kans '20 ||Abernethy, D. Carl, Jr. Min. Engr., Hudson Coal Co . Scranton, Pa '27 Abey, Hiroshi, Min. & Met. Engr., Min. & Met. Dept, The Higher Technical School, Osaka, Japan. '17 Aborn, Robert H., Instructor in Met, Harvard University Cambridge, Mass. '19 Abozeid, Mahmood, Pet. Production Engr., Marland Oil Co Ponca City, Okla. '20 Abraham, Arthur W., Geol, Richfield Oil Co. Box 788, Bakeisfield, Cal. '20 Abraham, W. E. V., Member, Geol Staff of Burmah Oil Co, Ltd Nyaunghla. Upper Burma, India. '23

Jan 1, 1923

By Selby J

South Australia's economic development has relied heavily on the mineral industry. In the late 1840s the rich copper deposits at Kapunda and Burra saved the Colony's economy when South Australia became a world copper producer. Copper lodes developed at Moonta-Wallaroo during the 1860s brought further prosperity when mining activities at Kapunda and Burra were in decline. In addition to those large mines there were many smaller workings scattered through the Flinders and Mount Lofty Ranges producing copper, gold, silver, lead and zinc. Most of the mines of this period were worked by Cornish immigrants who brought their own technology and mining methods with them. These people have left a cultural legacy unique in Aus- tralia. In this Jubilee 150 year (1986) the Department of Mines and Energy, working in conjunction with the Department of Environment and Planning, is helping to preserve and interpret selected historic mining sites, most of which have been neglected since their closure. This work is designed to draw people's interest to mining history by providing interpreted sites for them to visit and to demon- strate the importance of the mining industry in South Australia's cultural and economic develop- Ment.

Jan 1, 1987

By H. P. Greenwald

[In many coal-mining countries, during he pest decade, there have seen made extended studies and accurate measurement of movement of roof strata, tests of the physical properties of specimens cut therefrom, and tests of the strength of end load on artificial supports. Naturally, such studies have been more extensive in European countries, where mining conditions are less favorable than in the United States. As a part of its work in the conservation of coal resource and prevention of accidants in mines, the Bureau of brines began systematic measurements of the movement of roof strata to in coal mines in the fall of 1935. It was decided- that, in the beginning, work on a rapidly retreating rib line in a mechanized mine would give the greatest amount of information in a reasonable time. To this end w cooperative tine agreement was made with the Pittsburgh Coal Co., through Dr. L. E. Young, vice: president in charge of operations, for conduct of work in that company's Montour 10 mine operating in the Pittsburgh coal bed. This paper gives an account of the methods used in the investigation, excerpts from the data obtained, and such generalizations as appear to be justified.]

Jan 1, 1937

By H. P. Greenwald

[In many coal-mining countries, during he pest decade, there have been made extended studies and accurate measurement of movement of roof strata, tests of the physical properties of specimens cut therefrom, and tests of the strength of end load on artificial supports. Naturally, such studies have been more extensive in European countries, where mining conditions are less favorable than in the United States. As a part of its work in the conservation of coal resource and prevention of accidents in mints, the Bureau of Mines began systematic measurement of the movement of roof strata to in coal mines in the fall of 1935. It was decided that, in the beginning, work on a rapidly retreating rib line in a mechanized mine would give the greatest amount of information in a reasonable time. To this end a cooperative agreement was made with the Pittsburgh Coal Co., Dr. L. E. Young, vice president in charge of operations, for conduct of work in that company's Montour 10 mine operating in the Pittsburgh coal bed, This paper gives an account of the methods used in the investigation, excerpts from the date obtained, and such generalizations as appear to be justified.]

Jan 1, 1937

By A. Mosqueda Martinez, L. C. Trytten, R. P. Kofluk, J. J. Budac

The Corefco ammonia leach nickel refinery treats Ni-Co mixed sulphides from the high-pressure acid leaching of Moa Bay nickel laterite. Due to the low iron content of the feed, the ammonia leach process generates a leach residue with ~10% Ni+Co. Since commissioning a leach residue pressure filtration circuit in 2002, this residue has been stockpiled, dried, and sold commercially. For several years, the residue was sold to nickel smelters overseas. In 2014, re-processing of the residue in the high-pressure acid leach was tested. Lab test work was completed showing excellent extraction of the contained nickel and cobalt, and additional beneficial effects in the high-pressure acid leach circuit. A plant test in Moa confirmed the results, and preparation for shipment of the valuable leach residue for re-processing has begun. This paper outlines the test work and results, and some commercial considerations.

Jan 1, 2015

By R. E. Eyre

ALTHOUGH the idea of roasting zinc concentrates in suspension had intrigued investigators for a number of years, no commercial application of a process appeared successful until the development of the "Cominco" process. The efficiency and high capacity of this process may be judged by the fact that nearly all other electrolytic plants and many zinc retort plants in the world use this method. A furnace of the Cominco type can roast without special preparatory treatment and without supplementary fuel, mineral sulphides such as zinc sulphides and iron sulphides containing varying amounts of moisture at any desired rate ranging from one-half up to full capacity. The full capacity of a unit is in general about three times that of a multiple hearth furnace of the same size. The latest type of "Cominco" furnace can be built for capacities from 25 to 500 tons per day. The quality of the calcine is subject to positive control and may be

Jan 1, 1961

By Tomek Ulatowski

INTRODUCTION In 1974, Industrial Miners Mexico, S.A. (IMMSA), agent for the borrowers, was the largest privately-held mining, smelting, and refining company in Mexico (accounting for 32% of Mexico's nonferrous metal and coal production in 1974), the fourth largest company in terms of sales, and the second most profitable company in Mexico, excluding government wholly-owned and operated industries. The company was engaged in the mining, smelting and refining of coal, copper, fluorite, gold, lead, silver, zinc and related by-products for domestic consumption and export. A combination of favorable factors led IMMSA to propose an investment plan amounting to US$286 million for 1974 through 1978, of which US$150 million was to be financed. These factors included: Substantial profits in 1973 and 1974 Positive near-term outlook for metal prices Success of the reinvestment program in increasing productivity Substantial additions to proved reserves during 1973-1974 and Fiscal incentives provided by the Mexican government to stimulate investment in the mining industry. The primary purpose of the investment program was to construct a new electrolytic zinc refinery and to expand and modernize many of the company's existing mining and refining facilities. THE BORROWER Company History Compania Miners Mexico, S.A. was incorporated in the city of Monterrey in 1918 as a wholly-owned subsidery of ASARCO Inc. (formerly American Smelting and Refining Company, New York) for the purpose of mining and processing non-ferrous metals and related products. In compliance with the Government's Mexicanization program, ASARCO Inc. divested itself of 51% of its equity in Compania Miners Asarco, S.A. on June 30, 1965. Subsequently, ownership in the divested share was apportioned as follows: 15% ownership in Compania Miners Asarco, S.A. to a group of private investors, and 36% in trust for subsequent public sale. The company's name was changed to Asarco Mexicana, S.A. in 1965. Mexican ownership in Asarco Mexicans, S.A. was increased to 51% in 1967, following the purchase of the 36% share ownership held in trust, and then to 66% in 1974 when ASARCO Inc. divested itself of an additional 15% of its holdings in Asarco Mexicans, S.A. Following its 1974 divestiture of 15% of Asarco Mexicans, S.A., ASARCO Inc's ownership in Asarco Mexicana, S.A. was reduced to 34%. In 1974, the company changed its name for the second time to Industrial Miners Mexico, S.A. (IMMSA). Fiscal Agreement IMMSA entered into a fiscal agreement with the Mexican government in 1969. The agreement, which was renewed in 1974, provided for 100% of the production and export tax corresponding to the federal government with a minimum of 50% of the amount refunded to be reinvested in fixed assets. Further, the agreement permitted the company to

Jan 1, 1985