Maricunga Gold Mine
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Maricunga Gold Mine
Maricunga Gold Mine is an open pit gold mine in Chile. It is owned by Toronto-based Kinross Gold, but it has been closed since August 2016. Geology The Maricunga Gold Mine is located within the Maricunga Gold Belt of Chile. Poyrphyry gold mineralization occurs in the early Miocene (dated to 22 to 24 million years ago) Maricunga volcanic-intrusive complex. Description In 1998 Kinross began operating the mine following a merger with Amax Gold (which changed its name to Kinam ), which held a 50% stake in the property, with the remainder coming with the 2007 purchase of Bema Gold Corporation. In 2010 Kinross announced completion of a feasibility study A feasibility study is an assessment of the practicality of a project or system. A feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats pr ... for a $290 million expansion project to the Maricunga mine, which would incre ...
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Regions Of Chile
Chile is divided into 16 regions (in Spanish, ''regiones''; singular ''región''), which are the country's first-level administrative division. Each region is headed by an intendant (''intendente)'', appointed by the President of Chile, and a directly elected regional board (''consejo regional''). The regions are divided into provinces (the second-level administrative division), each headed by a governor (''gobernador'') appointed by the President. There are 56 provinces in total. Provinces are divided into communes (the third and lowest level administrative division), which are governed by municipal councils. Naming Each region was given a Roman numeral, followed by a name (e.g. ''IV Región de Coquimbo'', read as "fourth region of Coquimbo" in Spanish). When the regional structure was created, Roman numerals were assigned in ascending order from north to south, with the northernmost region designated as I (first) and the southernmost region as XII (twelfth). The Santiago Metro ...
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Chile
Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east and the Pacific Ocean to the west. Chile covers an area of , with a population of 17.5 million as of 2017. It shares land borders with Peru to the north, Bolivia to the north-east, Argentina to the east, and the Drake Passage in the far south. Chile also controls the Pacific islands of Juan Fernández, Isla Salas y Gómez, Desventuradas, and Easter Island in Oceania. It also claims about of Antarctica under the Chilean Antarctic Territory. The country's capital and largest city is Santiago, and its national language is Spanish. Spain conquered and colonized the region in the mid-16th century, replacing Inca rule, but failing to conquer the independent Mapuche who inhabited what is now south-central Chile. In 1818, after declaring in ...
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Kinross Gold
Kinross Gold Corporation is a Canadian-based gold mining, gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by ''InvestingNews''. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange. Operations Kinross Gold operates mines in North and South America, and West Africa. In 2022, 58% of Kinross gold production is expected to come from the Americas. Fort Knox This property includes a mill, tailings storage, Heap leaching, heap leach facility, the Gil project, and the True North open pit mine, which is closed and under monitoring. Expected to run out of ore in 2021, the mine's life has been extended to 2030 following a $100 million expansion investment announced in 2018, increasing life-of-mine produ ...
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Open-pit Mining
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow. This form of mining differs from extractive methods that require tunnelling into the earth, such as long wall mining. Open-pit mines are used when deposits of commercially useful ore or rocks are found near the surface. It is applied to ore or rocks found at the surface because the overburden is relatively thin or the material of interest is structurally unsuitable for tunnelling (as would be the case for cinder, sand, and gravel). In contrast, minerals that have been found underground but are difficult to retrieve due to hard rock, can be reached using a form of underground mining. To create an open-pit mine, the miners must determine the information of the ore that is underground. This is done through drilling of probe holes in the ground, then plotting ea ...
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Gold Mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, human rights and environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BC, indicating that gold mining could be at least 700 ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designat ...
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Miocene
The Miocene ( ) is the first geological epoch of the Neogene Period and extends from about (Ma). The Miocene was named by Scottish geologist Charles Lyell; the name comes from the Greek words (', "less") and (', "new") and means "less recent" because it has 18% fewer modern marine invertebrates than the Pliocene has. The Miocene is preceded by the Oligocene and is followed by the Pliocene. As Earth went from the Oligocene through the Miocene and into the Pliocene, the climate slowly cooled towards a series of ice ages. The Miocene boundaries are not marked by a single distinct global event but consist rather of regionally defined boundaries between the warmer Oligocene and the cooler Pliocene Epoch. During the Early Miocene, the Arabian Peninsula collided with Eurasia, severing the connection between the Mediterranean and Indian Ocean, and allowing a faunal interchange to occur between Eurasia and Africa, including the dispersal of proboscideans into Eurasia. During the ...
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Amax Gold
AMAX is a certification program for AM radio broadcasting standards, created in the United States beginning in 1991 by the Electronic Industries Association (EIA) and the National Association of Broadcasters (NAB). It was developed with the intention of helping AM stations, especially ones with musical formats, become more competitive with FM broadcasters. The standards cover both consumer radio receivers and broadcasting station transmission chains. Although the Federal Communications Commission (FCC) endorsed the AMAX proposal, the agency never made it into a formal requirement, leaving its adoption as voluntary. Ultimately few receiver manufacturers and radio stations adhered to the standard, thus it has done little to stem the continued decline in AM station listenership. Standards Receiver AMAX radio receivers are divided into three categories: home, automotive and portable. Receiver certification requirements include: * Wide audio bandwidth, with a minimum of 7,500 hertz ...
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Bema Gold
A bema was an elevated platform used as an orator's podium in ancient Athens. The term can refer to the raised area in a sanctuary. In Jewish synagogues, where it is used for Torah reading during services, the term used is bima or bimah. Ancient Greece The Ancient Greek ''bēma'' () means both 'platform' and 'step', being derived from '' bainein'' (, 'to go'). The original use of the bema in Athens was as a tribunal from which orators addressed the citizens as well as the courts of law, for instance, in the Pnyx. In Greek law courts the two parties to a dispute presented their arguments each from separate bemas. By metonymy, bema was also a place of judgement, being the extension of the raised seat of the judge, as described in the New Testament, in and , and further, as the seat of the Roman emperor, in , and of God, in , when speaking in judgment. Judaism Etymology The post-Biblical Hebrew ''bima'' (), 'platform' or 'pulpit', is almost certainly derived from the Anc ...
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