Search Documents

Gold mine production in South America was 247.3 tonnes in 1995 up from 156.4 tonnes ten years earlier in 1986. This represents a 58 per cent increase and amounted to 11 per cent of total world gold mine production. The major countries involved in order of production, were: Brazil (67.4 tonnes), Peru (51.5 tonnes),. Chile (48.5 tonnes), Colombia (24.1 tonnes), Venezuela (17.1 tonnes), Bolivia (16.0 tonnes), Ecuador (9.6 tonnes), Guyana (8.8 tonnes), French Guiana (3.3 tonnes) and Argentina (one tonne). The most dramatic increase was reported in Peru where production increased from 10.9 tonnes in 1986 to 51.5 tonnes in 1995, heavily influenced by the production from Minera Yanacocha which began operations in 1993 and produced 17.2 tonnes in 1995.With the reformation of the mining laws and the introduction of investment incentives in all the South American countries in recent years, dozens of major and junior mining companies began flocking into the area in the early-1990s to conduct exploration. A recent study undertaken in Brazil shows that an average of $240 million per year will be expended in this country during the period 1993 - 2010. Twenty-five per cent of this expenditure is expected to be made on gold exploration. Similar figures for Peru are $220 million total per year with 50 per cent for gold; $170 million per year in Argentina with 25 per cent for gold and $120 million ner year in Chile also with 25 Der cent for gold.

Jan 1, 1997

By Nathaniel Hen

IN the United States, in the 2 1/2 years since the rescinding of the wartime order closing gold mines, conditions have not yet returned to normal. Shortages of man power have prevented some mines from operating at all, and most of those in operation are still at reduced capacity. This fact, combined with shortages of materials, the high cost of supplies and labor, high tax rates, and a fixed price for the product have made the past years rather rough ones for gold producers. In foreign countries conditions are rather similar. In Canada several new mines are coming into production and some others are enlarging. Costs have not increased as much as in the United States and gold production is being encouraged. Recently a bonus of 20 per cent on increased production has been proposed. In South Africa, where gold mining is of major importance in the national economy the industry is also in a favored position with government; new discoveries of major importance there will markedly increase the gold output. Demand for labor is rap-

Jan 1, 1948

By Charles F. Jackson

Gold mining is a subject that not only appeals to the popular imagination but has vital importance to the world's economic structure. However, a discussion of the use of gold as a medium of exchange, and a basis for credit between nations and for monetary systems is not within the scope of this paper. The importance of gold in carrying on the commerce of the world, the present supply and rate of production, the probable trend of future production, the probable future requirements, and related subjects have recently received much attention from bankers and economists, and many articles on these subjects have been published. During slack periods of base-metal production due to falling prices, accompanied by scaling down of base-metal mining operations and often by the closing down of at least some mines, there usually result revival of interest in gold mining, search for previously undiscovered deposits, and reopening of some old gold mines.

Jan 1, 1932

By John Wightman

LOCATION OF PROPERTY THE property of Caribou Gold Mines, Limited, is situated in the north-eastern part of Halifax county, seven miles south of the Canadian National railway line at Upper Musquodoboit. Approach to the village is by a secondary road, improved recently by waste rock from the mine dump. A two-wire telephone line, seven miles long, built and owned by the present operators, provides communication to the nearest telephone exchange, Parker's Corner. HISTORY In 1870, the Caribou area was recognized as a proclaimed gold district. From then on, operations were intermittent, with periods of considerable activity by small companies until there were no fewer than seven mines in a district two miles long by three-quarters of a mile wide. These were the Holman, Truro, Caffrey, MacDonald or Elk, Lake, Dixon, and Hilchey properties, all of which have had separate stamp-mills, and have produced gold for varying periods. Depths of the workings range from 100 feet to 1,000 feet. Power was generated at each property by means of steam boilers. At the present time, the Consolidated Mining and Smelting Company of Canada, Limited, controls all the leased areas, approximately 800 acres, and is operating by means of one central vertical shaft. GEOLOGY The district in and about Caribou Mines has an elevation of approximately five hundred feet above sea level. The area is fairly well wooded, with rock outcrops here and there. These outcrops, along with information from test-pits and shafts, have been the basis for the very excellent geological map of the district prepared by E. R. Faribault some years ago. The rock structure, which is one of the best examples in Nova Scotia of an elliptical dome, has its anticlinal axis in a northeast-southwest direction, and flat plunges in the same directions.

Jan 1, 1938

By T. J. Haddon

For the mining industry in general and gold mining in particular the past few years have been difficult. Economic conditions coupled with growing regulatory restrictions have led to increasingly important reasons for managing assets wisely. From a public company perspective this makes sense because it ultimately provides for an increase in shareholder wealth and that's what we're in business to do. Regardless of whether a company is public or not, assets must be managed effectively to remain a player in today's competitive environment. So, as the CEO of a gold mining company, how do we manage our assets to ensure that we are satisfying our obligations to our customer --the Amax: Gold shareholder? Let me tell you. As I said earlier, the gold industry has been under siege. We have just completed our third year of average prices below $400 per ounce. When you add finding and/ or acquisition costs and development costs to operating costs, there isn't much of a profit margin left. What this environment provides, however, is opportunities for growth. In the gold business, you either grow or you die. Today, most North American gold producers have at most a 10 year mine life. We are all scrambling to add reserves so we don't become extinct. As prices remain low, opportunities for increasing diminishing reserves abound. This is the time for the opportunistic company to take advantages of market conditions and that's precisely what we, at Amax: Gold, have done!

Jan 1, 1992

By Timothy J. Haddon

For the mining industry in general and gold mining in particular, the past few years have been difficult. Economic conditions, coupled with growing regulatory restrictions, have led to increasingly important reasons for managing assets wisely. From a public company perspective, such asset management makes sense because it ultimately provides for an increase in shareholder wealth, and that is why we are in business. Regardless of whether a company is public or not, assets must be managed effectively to remain a player in today's competitive environment. So, as the chief executive officer of a gold mining company, how do we manage our assets to ensure that we are satisfying our obligations to our customer-the Amax Gold shareholder? The gold industry has been under siege. We have just completed the third year with average prices below $12.85/ g ($400/oz). When finding, and/or acquisition costs and development costs to operating costs are added, there isn't much of a profit margin left. What this environment provides, however, is opportunities for growth. In the gold business, you either grow or you die. Today, most North American gold producers have, at most, a 10-year mine life. We are all scrambling to add reserves so we do not become extinct. As prices remain low, opportunities abound for increasing diminishing reserves. This is the time for the opportunistic company to take advantage of market conditions and that is precisely what Amax Gold has done. There are six components to running a successful gold business: • finding reserves through exploration, acquisition or joint venture, • financing the project, • permitting and constructing the project, • operating the project, • cash management and • communication.

Jan 1, 1992

Although few people know of it, Woodlark Island produced a relatively large quantity of gold in a short period at the turn of the century. Deaths of miners, enticement to richer fields elsewhere, and world wars have contributed to the abandonment of these gold fields to their present obscurity. In the mining boom, companies were formed, amalgamated and bought-out in a flurry of activity but present records are incomplete. The main sources of information are annual reports of the Department of Land Surveys and Mines in Papua, a few geologists' publications (notably Pinder,1901; Stanley, 1912, 1923; Trail,1967) and a variety of unpublished data. The first traces of gold in New Guinea were'found by Saavedra in 1528. The first gold in Papua was found near Port Moresby in 1878. The next discovery was at Sudest Island in 1888 followed by Misima Island in 1889 and Woodlark Island in 1894. By 1910 the "Murua Goldfield" (Woodlark Island) had contributed over 43% of the total gold yield of the Territory of Papua.

Jan 1, 1987

By A. Sutton-Pratt

The African continent has been the most prolific producer of gold since mining began. Although most of this gold has come from South Africa, other countries have also been important contributors in the past. There is currently little production outside South Africa, Ghana and Zimbabwe, but the gradual globalisation of the industry over the past decade has resulted in growing interest in the region which bodes well for its future development. An outline is given of prospects and activity (or lack of it) in South Africa, Lesotho, Swaziland, Zimbabwe, Mozambique, Madagascar, Botswana, Namibia, Zaire, Tanzania, Kenya, Uganda, Rwanda, Burundi, Zambia, Malawi, Angola, Congo, Central African Republic, Gabon, Equatorial Guinea, Ethiopia, Eritrea, Djibouti, Somalia, Sudan, Chad, Libya, Tunisia, Egypt, Algeria, Morocco, Ghana, Ivory Coast, Liberia, Sierra Leone, Guinea, Senegal, Guinea-Bissau, Gambia, Mauritania, Mali, Burkina Faso, Togo, Benin, Niger, Nigeria and Cameroun

Apr 1, 1996

Being a geologist I intend describing the renaissance of the gold industry in Australia within its geologic framework; there is a geological pattern to the numerous gold projects which have been brought on stream over the past decade. We are now about midway through our third and largest gold boom which, at a peak of 7.5 million ounces is about twice the production peaks achieved in the preceding booms. From discovery in 1851 through 1870 we saw the first boom largely based on alluvial production in NSW and in Victoria at the great Ballarat and Bendigo Goldfields. The discovery of the Golden Mile in Kalgoorlie, Western Australia, underpinned the second gold boom in the period 1895 - 1915. On that basis the present boom should last through the next decade.   It has been a golden decade for Australian gold production. From less than ten mines in 1980 with production over 10 000 ounces and the largest, Telfer, with output of about 130 000 ounces we now find over 130 deposits being worked around the country today that produce over 10 000 ounces with the largest, Boddington, having an output of over 400 000 ounces. In total these mines produced an estimated 210 tonnes of gold in 1989 and we expect this year, 1990, that a new record production of between 240 and 250 tonnes will be set. This positions Australia in third place in the Western World behind South Africa #1 and the USA #2 and fourth in the world with the Russians holding second place overall behind the South Africans.

Jan 1, 1990

Mining had a very considerable effect on the country's development. The visual evidence remaining is an integral part of New Zealand history. Early mining for manganese and copper in the 1840s was succeeded by alluvial gold rushes. These gave way to hard rock extraction, hydraulic elevation and dredging. Coal mining dating from the 1850s was fairly widespread. Other minerals were obtained on a small scale. Manufacture of mining' machinery stimulated industrial engineering enterprises. Schools of mines played a significant part in advancing technical skills and several remain as museums. Surviving mine structures and site relics are part of the industrial heritage signifying the technological and economic development of a small isolated nation. Some of these are described. Identification, recording and preservation where practicable is advocated.

Jan 1, 1990

By Raul Z. L. Cançado, Virginia S. T. Ciminelli, Roberto Galery, Armando C. de Araujo

Brazil is presently among the seven largest gold producing countries in the world. This paper discusses the evolution of gold mining through the history of Brazil. It also gives a general account of the present practices for mining, processing and extraction of gold. Flowsheets of some selected plants are presented. The environmental aspects involved with gold production are also considered.

Jan 1, 1987

By Edwin Higgins

SINCE the "Days of Forty-nine" California has been the premier gold producing state of the union. The greatest production was recorded in 1.852, during which year the state's placer and lode deposits yielded over 81 millions. This peak was followed by a steady decline to about 12 millions during the years 1888 to 189.3, a period marked by the cessation of gravel mining. After 1893, production increased to a new peak of over 22 million in 1915, thereafter decreasing steadily to something over 13 million in 1923. Today; California's gold production shows a decrease of 84 per cent. as compared with the output of 1852, and a decrease of 41 per cent, as compared with 1915. It is not a difficult matter to find the causes of this more recent decline. In 1916 there began an upward swing in the cost of labor, which represents approximately 60 per cent. of the cost of mining, and in the price of supplies, representing the remaining, 40 per cent. This rise continued until 1922 and since that year there has been no decided tendency either upward or downward. The increase in the cost of mining since 1916 is variously estimated at from 50 to 75 per cent.; the price of gold has remained fixed at $20.67 per oz. This condition resulted in wiping out the profits of the low-grade operations which, in recent years, have constituted California's main source of supply of gold ore. It is now predicted that there will be renewed activity in California- gold mining. What are chances for the materialization of this forecast? A boom or even a revival of gold mining must of necessity be brought about or accompanied by one or more of the following factors: 1. A decrease in the cost of mining. 2. An increase in the price of gold. 3. New capital for development. 4. The discovery of new deposits. 5. The revival of hydraulic mining.

Jan 1, 1925

By C. S. Anderson

GEORGIA, since 1829, has produced nearly $18,000,000 from her gold mines, but in late years the output has dwindled to insignificance. In view of present universal efforts to increase gold production, it seems pertinent to record some recent observations in that field, briefly review its past and weigh probabilities of reviving gold mining there. Little in this paper can be claimed as new or original, and it does not present results of a detailed or profound investigation of the whole region. The Allatoona gold mine was reopened in January, 1932, and explored at greater depth during the period from January to June of that year. A number of other abandoned mines were visited, but since the workings, in common with most such mines in Georgia, were flooded or caved, underground conditions could not be examined. For a wider knowl-edge of the subject, a search was made through available pertinent literature and statistics, a bibliography of which is appended hereto. To all the sources obligations are gratefully acknowledged.

Jan 1, 1933

We have received from L. S. Cates, the following translation, by S. W. Mudd, of early mining methods in India: In Herodotus one finds a description how Darius by aid of his good horse and his good groom Oebares got himself the Kingdom of the Per-sians. He then set up in Persia twenty satrapies assigning to each a governor and fixing the tribute which was to be paid to him by the several nations. The following description of the method of getting the gold demanded of the Indians as tribute is copied directly from Book III Thalia, paragraphs 94 to 105 omitting the diversions of Herodotus which in one case consisted of a lapse of two pages following a semicolon before the author returned to the subject. The Indians, who are more numerous than any other nation with which we are acquainted paid a tribute exceeding that off every other people, to wit, three hundred and sixty talents of gold-dust. The way in which the Indians get the plentiful supply of gold, which enables then to furnish year by year so vast an amount of gold-dust to the King, is the following: Eastward of India lies a tract which is entirely sand. Here, in this desert, there live amid the sand great ants, in size somewhat less than clogs, but bigger than foxes. The Persian king has a number of them, which have been caught by the hunters in the land whereof we are speaking. These ants make their dwellings under ground, and like the Greek ants, which they very much resemble in shape, throw up sand-heaps as they burrow. Now the sand which they throw up is full of gold. The Indians, when they go into the desert to collect this sand, take three camels and harness them together, a female in the middle and a male on either side, in a leading-rein. The rider sits on the female, and they are particular to choose for the purpose one that has just dropped . her young; for their female camels can run as fast as horses, while they bear burdens very much better.

Jan 12, 1919

By J. C. Murray

Introductory: In dealing with a topic so large, one that involves such a multiplicity of details, and that also has certain controversial aspects, it is quite impracticable within the limits of this article to touch upon many most interesting phases and incidents. Also, to bring out the actual truth, it is necessary to make certain categorical statements. The writer believes that all such statements made here-under are supported by facts. Again, however, it is out of the question to cite all the proof. The writer, therefore, will gladly answer any pertinent criticisms or questions and thus supplement the unavoidable brevity of this paper. Controversial points will take care of themselves. Historical: For present purposes the history of gold mining in Nova Scotia may best be summed up in a very few paragraphs, in some of which the writer quotes freely from recent reports compiled by himself. The first material discovery of gold was made in the year 1860. As this and rapidly succeeding discoveries were looked upon as bonanzas, the claims were fixed at a size of 20 by 50 feet, and a yearly rental of $20 was charged. Later the claims (areas) were increased in size to 50 by 150 feet. In the year 1866 a temporarily successful company, so we are informed by a contemporary writer, owned a mill and mining plant worth $6,000. As this fact is cited with admiration, it is apparent that most of the mining and milling must have been done in a very primitive manner indeed.

Jan 1, 1926

By Brian W. Hester

All gold occurrences in Tanzania are of Precambrian age and in geological settings similar to gold deposits in other parts the world. The three main areas of interest are perhaps the least prospected of areas of gold mineralization in Precambrian rocks in non- aligned, or market economy nations. Historic production exceeds 77.660 kg (2.5 million oz). Current results by small scale workers go unreported, but have been estimated to be as high as 11.000 kg (350.000 oz) annually. Gold occurs in both lower and upper Precambrian rocks. In the older. gold is associated with greenstones and iron formations typical of many cratonic areas of Precambrian age. The Tanzanian Craton lies in the north west quarter of the country where it is flanked on both east and west sides by mobile belts involving upper Precambrian rocks of high metamorphic grade. Gold occurs in fractures in the western belt within two distinct areas.

Jan 1, 1989

By A. S. Bayne

THIS paper will present a review of the mining operations of one of Canada's most lately established gold mining districts (1). The history of the Little Long Lac and Sturgeon River areas is interesting in view of the fact that, although they have long been the scene of a certain amount of mining activity, they remained little more than an uninhabited wilderness until 1933, since which time ten producing gold mines and mills have been established in permanent operation, eight of these having entered production since the beginning of 1937. As complete a background as possible will be given concerning the major influences having a bearing upon living and economic conditions in the mining communities. The object, here, is to show the diversity of problems which demand the attention of the operator starting up and operating a new mine in present times, and to indicate the ways in which these problems are successfully met in this district. A description of the power facilities and plant equipment will be followed by a summary of the problems encountered and methods applied in exploration and development. This is to aid in forming a background showing the circumstances which influence the mining methods and costs of the various operations. The paper will conclude with a description of the mining methods used and the costs of the operations, including summarized analyses of the stoping methods and mining conditions. The various phases of operation will be dealt with separately, in so far as this is possible, in order to present clearly the salient features. It is necessary, however, that the reader bear completely and constantly in mind the fact that in actual operations these phases arc, to a large extent, intimately related and greatly affect each other, as well as being, in turn, affected by other circumstances beyond the control of the operator. A few of these circumstances are: capital available during the development period and early stages of productive operation; strength of rock comprising the ore and its boundary walls; grade, size, shape, and location of ore-bodies; and many other natural items which must be carefully weighed in relation to the details of operation.

Jan 1, 1940

By W. B. Tucker

UNUSUAL interest has recently centered in the Mojave mining district of California, owing to new discoveries of gold ore at the Silver Queen mine, and subsequently at other neighboring proper- ties. These finds have proved that opportunities exist for the prospector even in old mining districts, where careful search may still be rewarded. The Mojave district is characterized by a group of small hills centering around Soledad Butte, four to six miles southwest of Mojave, in Kern County. This butte is 1250 ft. higher than the surrounding desert and 4000 ft. above sea level. Four miles west of Soledad Mountain are the so-called Middle Buttes, a group of flat-topped hills. Gold was first discovered in the district in 1894, and the following productive mines developed: Queen

Jan 1, 1936

Gold was first discovered in the Shotover by Thomas Arthur in 1862. He left his job as a shearer and soon there were up to 3000 miners working over the length of the river. Some parts were extremely rich and a few early miners recovered as much as 300 ounces in a day. From these early days of hand working the operations progressed through to hydraulic elevating once water races and pipes were installed after the Skippers road was completed about 1890. The riverbed was worked in paddocks with .the gravel being sluiced to a central suction which elevated the material over a sluice box. Use of this system continued intermittently through until 1977 when Joe Schieb retired û the last of the hydraulic miners. Many bucket ladder dredges worked on the lower Shotover near Big Beach where the Sew Hoy family recovered a lot of gold. Just after 1900, at least three worked further upstream, one on the beach where Shotover Jet now operates and one further up below the Moonlight. All the sections for this were transported in over the Moonlight Track and the boiler, steam engine and bucket ladder are still sitting at the edge of the river. up near Maori Point a dredge operated from Dredge Slip upstream. Records are poor on these dredges but they all suffered from the frequent floods and large boulders which damaged the bucket line. The last dredging attempt was about 1930 when a suction dredge was constructed on Maori Beach. This failed as seems to be normal for most suction dredging ventures. The river can drop to very low levels in the middle of a dry summer, and in winter when the water is tied up in the mountains as ice and snow. During 1863 when heavy rain melted snow in the high country, the river rose 35 feet overnight and drowned many miners camped on the banks. The ever present risk of flooding dominates the method of working and plant design.

Jan 1, 1987

By Richard E. Deery, Reginald E. Reid

A large portion of the public lands in the United States is managed by the U.S. Department of the Interior, Bureau of Land Management (BLM). Public lands administered by the BLM comprise about 39 per cent (270 million acres) of the entire Federal surface estate or about 1/8 of the surface of the United States. Most of this land, located in the 11 Western States, including Alaska, is available for mineral exploration and development. The BLM is a multiple-use land management agency responsible for the balanced management of the public lands and their resources. The BLM's task is to ensure the balanced and sustainable development of the public lands and resources. This task translates into the management of people and their use of the public resources. As a result, the BLM manages a diverse group of programs including recreation, range lands, timber lands, fish and wildlife habitat, watershed, wilderness, scientific, cultural, and historic properties, and most importantly for this paper, energy and mineral resources. The BLM has developed several new policies with respect to mining, including policies on inspection and enforcement, financial guarantees for reclamation, and the use of cyanide. The goal of these policies is to demonstrate to the American public that mineral exploration and development can be an integral part of sustainable development on public lands in an environmentally sound manner.

Jan 1, 1991