Corporate Presentation

Total Page:16

File Type:pdf, Size:1020Kb

Corporate Presentation FSE: 6IM | OTCQB: IMAHF | TSX.V: IMA CORPORATE PRESENTATION September 7, 2017 www.imineralsinc.com 1 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Forward Looking Statements This presentation may contain forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of I-Minerals to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements may include statements regarding exploration results and budgets, resource estimates, work programs, strategic plans, market price of industrial minerals or other statements that are not statements of fact. Although I-Minerals believes the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Various factors that may affect future results include, but are not limited to, fluctuations in market prices of minerals, foreign currency exchange fluctuations, risks relating to exploration, including resource estimation and costs and timing of commercial production, requirements for additional financing, political and regulatory risks, and other risks described in I-Minerals’ management discussions and analyses as filed on SEDAR and EDGAR. Accordingly, undue reliance should not be placed on forward-looking statements 2 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Permitted Deposit, Robust Feasibility Study, Strong Management • One ore, four minerals that are inputs into manufacturing of products consumed in housing and infrastructure o K-spar: World class: glazes, tiles and sanitaryware o Quartz: North American class: high end glass and lighting o Kaolin: North American class: metakaolin = pozzolan o Halloysite: World class; plastics, polymers, life sciences • Robust Feasibility Study (“FS”): US$108.3m initial CAPEX; Pretax US$386m NPV (6%) & 31.8% IRR; After tax US$250m NPV(6%); 25.8% IRR • Easy mine to build: “off the shelf” equipment; 1.5 year build after FS funded • Permitted for Mining– State of Idaho Operations and Reclamation Plan approved and Idaho Department of Water Resources permit received. • Experienced Management: Thomas Conway (Newmont): John Theobald (Sibelco) working with international experts in all minerals • Large insider ownership of ~40% led by Allen Ball ~38% • Opaque mineral pricing=difficult valuation US$250m NPV; C$34m market cap 3 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Helmer-Bovill Project – Great Location with Strong Support Location: 110 miles South of Spokane Brownfield project: mined - logged; Excellent Infrastructure : Power/gas: 5 miles from mill site; State highway on property boundary; less than 100 miles to Interstate; Rail: 50 miles to Lewiston (BN& UP); trunk lines to Spokane (UP); Tidewater Access at Seattle via I-90. Supportive community - depressed resource based county keen to see quality jobs created. Secure Land Tenure: Idaho Dept. of Land Mineral leases; held by production (tailings sales). 5% royalty paid into State Education Fund; State directly benefits from production and sales. 4 FSE:61M | OTCQB: IMAHF | TSX.V: IMA FOUR MINERALS – Multiple markets linked by economic growth Economic growth creates demand for industrial minerals that are Quartz part of our everyday lives: iPhones, lighting, cosmetics, Halloysite clean energy, nanotechnology, home renovations, infrastructure rebuild….. K-Spar MetaKaolin 5 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Life of Mine Average Material Balances (Halloysite varies year to year up to 6%) Glass (solar, flat 312 tons $75-$600/t LCD), lighting, Quartz paint, ceramics 1000 tons of 140 tons $220-400/t Ceramics primary clay K-spar (glaze / body) (ORE) 118 tons Cement $175-250/t metakaolin (pozzolan) Plastics, 388 tons 42 tons $500-+4,000/t polymers, life Waste Halloysite sciences 6 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Quartz • Chemistry: SiO2 ® • Products: TrueQ 1 ®– 99.86% SiO2 various ® particle sizes; TrueQ 3 - 99.97% SiO2 • Value: driven by purity (high SiO2%; low Fe2O3), particle size and melt characteristics. • I-Minerals Advantage: ✓ Highest purity quartz in the Western US; significant glass production along Interstate 5 corridor. ✓ Transportation costs limit competition. ✓ TrueQ1 purity reduces need for expensive de- colorants in basic glass applications ✓ TrueQ3 high purity quartz - only 300 ppm of impurities; Niche product in developing markets as alternate products are much more expensive ultra HPQ or lower purity “commodity grade quartz”. 7 FSE:61M | OTCQB: IMAHF | TSX.V: IMA . Potassium-Feldspar or “K-spar” • Chemistry: KAlSi3O8 • Products: Fortispar® various particle sizes • Value: driven by high K2O%, low Fe2O3, alkali content and particle size. • I-Minerals Advantage: • Sole North American competitor is offering a Shiny glaze <10% K2O +0.10% Fe2O3 product as on ceramics compared with Fortispar’s >14% K2O is K-spar <0.05% Fe2O3 ✓40% more K2O; 50% less Fe2O3 comparatively priced ✓K-spar market in short supply ✓Customers needing +13% K2O K-spar must source out of Europe or farther 8 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Halloysite • Chemistry: Al2Si2O5(OH)4·2H2O Halloysite Halloysite is a biodegradable nanotube nanotubes • Products: ULTRA HalloPure® (+90% halloysite, - 10% kaolinite) and HalloPure® (+70% halloysite, - 30% kaolinite) • Value: driven by aspect ratio and purity in life science markets where hollow core of the tubes can be filled and used as a delivery vector HNTs on • I-Minerals Advantage: IDK wound ✓ Scarcity: Globally only 12 halloysite deposits with cloth economic potential known. ✓ Quality: best in class combination of high aspect ratio; low heavy metals and no cristobalite - a crystalline silica listed as a carcinogen. No other known deposit can produce the combination of quality and volume and meet the stringent specifications of the life science markets. 9 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Kaolin - Metakaolin • Chemistry: Al2Si2O5(OH)4 Kaolin is calcined at 850o – 900oC to create Metakaolin • Product: Bovill Metakaolin • Value: a pozzolan, reduces ASR, strengthens and extends concrete life (especially in cold and marine environments) • I-Minerals Advantage: ✓ Sole source of metakaolin in Pacific Northwest; other pozzolans inconsistent, expensive, scarce ✓ Georgia metakaolin +$200/t transport to Western US ✓ silica fume 1.5x price of metakaolin ASR ✓ Unprocessed pumice yields inconsistent results damage ✓ Fly ash (ash from burning coal for electricity) linked to greenhouse gas; dirty coal makes undesirable fly ash => increasing scarcity ✓ Ph of aggregate drives need for a pozzolan 10 FSE:61M | OTCQB: IMAHF | TSX.V: IMA MINING & METALLURGY 11 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Simple, Low Cost Mining “Ore” is a fine white clay-like sand created by the weathering of a granodiorite body. Weathering takes place to depths of 75 to 200 feet; little overburden, shallow pits. Ore is excavated without drilling or blasting using contract miners utilizing 3 yd3 excavator and 30 ton trucks. Short haul to process facility -10 minute cycle time; mining during daylight hours only. Mining Costs $14.50 / ton product $9.00 per ton of “ore” 12 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Separation Techniques proven at Ginn and MRL Pilot Plants 1. Wet Screen separation clay washed from Sand * 2. Quartz K-Spar Sand Fraction • K-spar is floated; quartz sunk via basic flotation • Quartz fraction is ground finer and then re-floated TrueQ1 product, re-floated up to 2 more times to remove residual K- spar to make high purity quartz products (TrueQ3) 3. Kaolinite Halloysite Clay Fraction • Halloysite is separated from kaolinite with hydro-cyclones and centrifuge • Proprietary flotation +90% halloysite product • Halloysite slow dried to preserve tubular shape • Kaolin calcined (heated to 8500C - 9000C) to make Metakaolin Processing costs $58.50/t product; $36/t “ore” * recent testing of hydro-cyclones for initial cut improves results see August 23, 2017 news release 13 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Permitting • Water use permit approved by IDWR • The Idaho Department of Lands, the lead permitting agency has approved the Company’s Operation and Reclamation Plan. Subject to placing of required bonding, I-Minerals is authorized to commence mining operations. • Good environmental stewardship was incorporated into the project layout including dry stacking of the tailings and a zero water discharge operation. • Minor additional permitting required such as air discharge requires identification of specific calciner. • Bonding needs to be in place to begin construction. I-Minerals evaluating land swap where in it would ultimately own the surface rights as a means to reduce bonding requirements. 14 FSE:61M | OTCQB: IMAHF | TSX.V: IMA ECONOMIC VALUATION 15 FSE:61M | OTCQB: IMAHF | TSX.V: IMA Robust Feasibility by Leading Engineering Firms GBM Engineers LLC, (overall project management, process plant and infrastructure design; OPEX and CAPEX) and HDR Engineering, Inc. (environmental; hydrology; road design); Tetra Tech, Inc. (tailings storage facility design); Mine Development Associates (mine modelling; ore scheduling; mineral reserve estimation); SRK Consulting (U.S.) Inc. (mineral resource estimation). INITIAL CAPEX US$ 108.3 million, LoM US$125 million Before Tax After Tax NPV (6%) US$m $385.8 $249.8 IRR 31.6% 25.8% Payback 3.7 years OPEX $92/t product = $14.50/t mining + 58.50/t processing + $19/t G&A inc. public company expenses Avg. LoM EBITDA
Recommended publications
  • Wollastonite–A Versatile Industrial Mineral
    Industrial Minerals of the United States Wollastonite–A Versatile Industrial Mineral What is Wollastonite? Wollastonite is a chemically simple mineral named in honor of English mineralogist and chemist Sir W.H. Wollaston (1766–1828). It is composed of calcium (Ca) and silicon and oxygen (SiO2, silica) with the chemical formula CaSiO3. Although much wollastonite is relatively pure CaSiO3, it can contain some iron, magnesium, (Above and right) Hand specimens of manganese, aluminum, potassium, wollastonite showing acicular crystal clusters. sodium, or strontium substituting for calcium in the mineral structure. Pure wollastonite is bright white; the geologic conditions during formation What Makes Wollastonite and host rock composition. The type and amount of impurities can Useful? produce gray, cream, brown, pale- Lewis Deposit, mined by NYCO green, or red colors. Minerals, Inc., in the Adirondack Wollastonite has several physical Mountains in Essex County, was properties that make it useful as an formed by the recrystallization of industrial mineral: Geology of U.S. Precambrian carbonate rocks inter- Wollastonite Deposits layered with high-grade metamor- ∑ Wollastonite is largely inert, phic rocks. Nearby reserves are although it will dissolve in concen- Wollastonite is formed by two contained in the Oak Hill and trated hydrochloric acid. It will not processes. The first occurs when Deerhead deposits. The ore bodies react with other components of silica and limestone are raised to a consist of the minerals wollastonite, manufactured products either during temperature of 400°–450°C, either garnet, and diopside with as much as or after the manufacturing process. because of deep burial (regional 60 percent of the bodies being ∑ During crushing, wollastonite metamorphism) or by being baked wollastonite.
    [Show full text]
  • Proceedings of the Indiana Academy of Science
    Proceedings of the Indiana Academy of Science Part II Addresses and Invited Papers Vol. 98 (1988) Speaker OF THE Year 63 SPEAKER OF THE YEAR ADDRESS—1988-89 INDUSTRIAL MINERALS—A CRITICAL KEY TO ECONOMIC DEVELOPMENT Haydn H. Murray Speaker of the Year Department of Geology Indiana University Bloomington, Indiana 47405 ABSTRACT: Industrial or non-metallic minerals are essen- tial to economic development. The value of industrial mineral production in the United States is over 3 times the value of metallic mineral production. In the developed countries of the world, the value of non-metallic mineral production exceeds the value of metallic mineral production. The development of a modern industrialized society requires quality and reason- ably priced industrial minerals in such industries as smelting of copper and iron, manufacturing cement, drilling oil wells, manufacturing ceramic materials, and a host of others. Be- cause transportation costs are high, most industrial minerals are not imported so a country or region must have a good raw material source. INTRODUCTION A precise inclusive definition for industrial minerals or non-metallic minerals is difficult because it includes many unrelated minerals that range from low priced materials such as sand and gravel to high priced materials like industrial dia- monds. The World Bank report (Noestaller, 1987) defines industrial minerals as comprising all non-metallic non-fuel minerals extracted and processed for industry end uses, some metallic minerals consumed in non-metallurgical applications,
    [Show full text]
  • AP42 Section: Reference: Title: 11.25 Clays, S. H. Patterson and H. H
    AP42 Section: 11.25 Reference: ~ Title: Clays, S. H. Patterson and H. H. Murray, Industrial Minerals And Rocks, Volume 1, Society Of Mining Engineers, New York, 1983. The term clay is somewhat ambiguous un- less specifically defined, because it is used in three ways: (I) as a diverse group of fine- grained minerals, (2) a5 a rock term, and (3) as a particle-size term. Actually, most persons using the term clay realize that it has several meanings, and in most instances they define it. As a rock term, clay is difficult to define be- cause of the wide variety of materials that com- ,me it; therefore, the definition must be gen- 'eral. Clay is a natural earthy, fine-grained ma- Iterial composed largely of a group of crystalline ;minerals known as the clay minerals. These minerals are hydrous silicates composed mainly of silica, alumina, and water. Several of these minerals also contain appreciable quantities of iron, alkalies, and alkaline earths. Many defini- tions state that a clay is plastic when wet. Most clay materials do have this property, but some clays are not plastic; for exaniple, halloysite and flint clay. As a particle-size term, clay is used for the category that includes the smallest particles. The maximum-size particles in the clay-size grade are defined differently on various grade scales. Soil imestigators and mineralogists gen- erally use 2 micrometers as the maximum size, whereas the widely used scale by Wentworth (1922) defines clay as material finer than ap proximately 4 micrometers. Some authorities find it convenient to'use the term clay'for any fine-grained, natural, earthy, argillaceous material (Grim.
    [Show full text]
  • Industrial Minerals-Mines, Quarries, and General Resources in Kansas 2008
    Industrial Minerals-Mines, Quarries, and General Resources in Kansas 2008 Lawrence L. Brady Kansas Geological Survey 1930 Constant Avenue Lawrence, Kansas 66047 Telephone (785) 864-2159 Fax (785) 864-5317 E-mail lbrady@ kgs.k u.edu Kansas Geological Survey Open-File Report 2016-24 ABSTRACT Industrial mineral production in Kansas based on tonnage mainly involves those commodities that are important to the construction industry. Among those commodities with large tonnage are sand and gravel and stone—both crushed and dimension, mainly limestone but also with a limited amount of sandstone. Sand and gravel are obtained primarily from pits in western Kansas and from pits and dredging in rivers and floodplains in the central and eastern part of the state. Crushed stone for aggregates and for use in cement production is mainly from limestone units of Pennsylvanian age in eastern Kansas, and the dimension stone is now cut from Lower Permian limestone units. Outstanding buildings in the past were also constructed from limestone rocks from Middle and Upper Pennsylvanian and Upper Cretaceous limestone units. Clay and shale from Pennsylvanian and Cretaceous units are used for manufacture of structural clay products, brick, and lightweight aggregate and in Portland and masonry cement manufacture. Salt is a major industrial mineral important to the state. It is produced from the thick Hutchinson Salt Member in the Lower Permian Wellington Formation that is present in the subsurface in a large part of central Kansas. The salt is mined by room-and-pillar methods at three locations, and salt is also produced by solution mining from four different brine fields.
    [Show full text]
  • U.S. Mining Industry Energy Bandwidth Study
    Contents Executive Summary.................................................................................................................1 1. Introduction..................................................................................................................5 2. Background ..................................................................................................................7 2.1 Mining Industry Energy Sources ...................................................................................7 2.2 Materials Mined and Recovery Ratio ............................................................................7 2.3 Mining Methods.............................................................................................................8 3. Mining Equipment.......................................................................................................9 3.1 Extraction.....................................................................................................................10 3.2 Materials Handling Equipment....................................................................................11 3.3 Beneficiation & Processing Equipment.......................................................................12 4. Bandwidth Calculation Methodology ......................................................................13 4.1 Method for Determining Current Mining Energy Consumption .................................14 4.2 Best Practice, Practical Minimum, and Theoretical Minimum Energy Consumption 16 4.3 Factoring
    [Show full text]
  • Industrial Minerals - Towards a Future Growth
    NGU-BULL 436, 2000 - PAGE 7 Industrial minerals - towards a future growth TOR ARNE KARLSEN & BRIAN STURT† Karlsen, T.A. & Sturt, B.A., 2000: Industrial minerals - towards a future growth. Norges geologiske undersøkelse 436, 7-13. The Norwegian mineral industry has shown pronounced growth in recent years, and production and export of industrial minerals (sensu stricto), aggregates and dimension stone have all increased, whilst the production and export of metallic ore has decreased. This is a trend that has been going on for many years. The trend for industrial minerals is to a large degree related to the increased production of calcium carbonate slurry for paper. The total production value of Norwegian industrial minerals reached around 2370 mill. NOK in 1997. In terms of volume around half of the produced industrial minerals are exported. The export value in 1997 was 2260 mill. NOK – including some minor imported minerals, an increase of 20.5 % over 1996. This figure can also be compared to a total export value of approximately 700 mill. NOK in 1989. An understanding of the real value of domestically produced industrial minerals is not gained purely from production value and export figures of the minerals. In fact, domestically produced industrial minerals form the basis and are important for many other industries, including the production of ferrosilicon, Mg-metal, TiO2-pigment, paints, fertilisers, chemicals and cement. Together with the production of aluminium, paper and Si-metal, which to a large degree is based on imported raw materials, these industries have a total annual turnover probably in the order of 40,000 mill.
    [Show full text]
  • Industrial Mineral Operations in British Columbia: Teacher Information and Student Activities
    Industrial Mineral Operations Resource Package Table of Contents Industrial Mineral Operations in British Columbia: Teacher Information and Student Activities Photo: Teachers visit Gillies Bay Quarry, Texada Island Table of Contents: pages Industrial Minerals in British Columbia.................................................................................1-5 Industrial Mineral Mines and Quarries in British Columbia 2015.........................................6-20 British Columbia Industrial Mineral Poster Search................................................................21-26 Uses of Industrial Minerals Mined in British Columbia (teacher version).............................27-30 Uses of Industrial Minerals Mined in British Columbia (student version).............................31-34 Match the Industrial Mineral with its Use (and key).............................................................35-36 Industrial Mineral Uses Crossword (head start version and key)..........................................37-39 Mineral Resources in British Columbia Word Search (and key)............................................40-41 Industrial Mineral Uses: True or False? (and key).................................................................42-43 BC’s Mineral Resources, Operations and Communities Crossword (and key)......................44-45 This classroom resource was developed to support the use of MineralsEd’s Mining in British Columbia poster in BC classrooms. MineralsEd wishes to acknowledge BC Ministry of Energy and Mines’ staff around
    [Show full text]
  • Industrial Minerals and Rocks in the 21St Century
    Industrial Minerals and Rocks in the 21st Century Milos Kuzvart Charles University, Prague NONMETALLICS: DEFINITION, CLASSIFICATION, OCCURENCE, ORIGIN, UTILIZATION The term 'industrial mineral' is not defined so strictly as the term 'ore' which is mostly a source of metal, or as that of 'fossil fuel' (coal, oil, natural gas), which is predominantly a source of energy. In both the latter cases the characteristic feature is the chemistry of the ore (besides the content of impurities, dressability, etc.) or fuel (besides the content of dirt bands, sulfur, etc.). The characteristic features of industrial minerals, however, líe in their physical properties (e.g., fibrosity of asbestos, insulatory properties of mica, the high specific gravity of barite). In this artiele raw materials of several types are considered under the term "industrial mineral s and rocks": 1. raw materials that are used in industry in variously prepared forms as minerals (e.g., talc, asbestos, diamond) or rocks (diatomite, bentonite, ochre); 2. raw material s that serve as a source of non-metallic elements (ftuorite for ftuori­ ne, apatite for phosphorus) or their simple compounds (e.g., borates for H3B03 or B 20 3); 3. raw materials of non-metallic habit that are source of metals, and also of their com­ pounds employed in other than metallurgical industries (e.g., beryl as a source of BeO, magnesite of MgO, bauxite or Al-rich laterite as a source of Alz03; all these three oxides are refractory materials); 4. building material s (rocks for aggregate, together with gravel and sand for concrete, decorative stone and roofing slate, limestone for cement and lime, brickloam).
    [Show full text]
  • Virginia's Minerals & Energy Resources
    Chapter 5: Virginia's Minerals & Energy Resources Part 1: Mineral Resources Minerals are the raw materials that support much of modern life - everything from transportation to the growing of food. Chemists, all sorts of manufacturers, farmers and a variety of artisans depend upon minerals to conduct business. Virginia's mineral deposits are vast and varied, but coal remains most important to the Commonwealth. Measuring Virginia's Geologic Wealth In Virginia the estimated dollar value of mineral resources produced has increased almost sevenfold in the past 44 years, from $545 million in 1973 to $3.7 billion in 2012. Yet this figure tells only a small part of the story of the importance of the state's geologic resources. Soil and water, two valuable resources and without which there would be no life, are not included. Nor are parks and other scenic and recreational areas, most of which owe their natural beauty to the geology of their location. The Blue Ridge mountains, the caverns and caves and the Shenandoah Valley are only a few examples. Geology and Mineral Exploration The science of geology is the study of the earth and its history and the processes and forces which are constantly at work changing the face of the earth. It is such a broad subject that it has been divided into a number of individual sciences: geophysics and oceanography for example. Geologists try to explain how the earth was formed and has changed through time. Many industries rely upon a geologist to locate new sources of raw materials. Through the use of field mapping and specialized investigative techniques, geologists discover and develop such resources as petroleum, iron ore, copper, limestone and sulfur.
    [Show full text]
  • Analysis on Industry and Trade Operational Report
    Fostering international raw materials cooperation Analysis on Industry and Trade Operational report November 2016 Abstract This report contains the operational analysis on Industry and Trade of mineral raw materials in reference to five countries: Australia, Canada, Japan, South Africa and the USA. This is the outcome of INTRAW Work Package 1.4, mapping the context, the evolution and the performance of industry and trade in these reference countries. The aims of this report are to review the mining and raw materials competitive context and framework among the reference countries. Authors Nuno Bonito, Nelson Cristo, Marta Peres and Tânia Peças (Assimagra). Acknowledgements The authors thank and acknowledge the input provided by Christopher Keane, Denise Goldsworthy, Fatheela Brovko, Matt Wenham, Navin Singh, Oliver Bonham, Ray Durrheim and Scott Swinden and thank Dominic Banfield, Eberhard Falk, Gorazd Žibret, Malcolm Robb and Marko Komac for their help in reviewing this report. Disclaimer This report reflects only the authors’ view. The European Commission is not responsible for any use that may be made of the information it contains. This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement nº 642130. 2 INTRAW PROJECT Table of contents Page 1. EXECUTIVE SUMMARY 10 2. INTRODUCTION 12 2.1 Objectives and Structure 12 2.2 Scope and Method of Assessment 13 3. AUSTRALIA 16 3.1 The Industry in a Global Context 16 3.1.1. General Economy 16 3.1.2. Territorial Organization 16 3.1.3. Minerals Industry Contribution to Economy 16 3.1.4. Non-Energy Non-Agricultural Minerals 19 3.1.4.1.
    [Show full text]
  • Minerals and Metals Fact Book – 2016
    Minerals and Metals Fact Book – 2016 MINERALS AND METALS FACT BOOK 2016 Aussi disponible en français sous le titre : Cahier d’information sur les minéraux et les métaux – 2016 Information contained in this publication or product may be reproduced, in part or in whole, and by any means, for personal or public non-commercial purposes, without charge or further permission, unless otherwise specified. You are asked to: · exercise due diligence in ensuring the accuracy of the materials reproduced; · indicate the complete title of the materials reproduced, and the name of the author organization; and · indicate that the reproduction is a copy of an official work that is published by Natural Resources Canada (NRCan) and that the reproduction has not been produced in affiliation with, or with the endorsement of, NRCan. Commercial reproduction and distribution are prohibited except with written permission from NRCan. For more information, contact NRCan at [email protected]. Cat. No. M31-16E-PDF ISSN 2371-3704 © Her Majesty the Queen in Right of Canada, as represented by the Minister of Natural Resources, 2016 Recycled paper Preface The purpose of the Minerals and Metals Fact Book – 2016 is to provide key information related to Canada’s exploration, mining, and mineral manufacturing industries in a format that is easy to consult. The data and information in this edition cover the 2015 calendar year except where noted otherwise. Some historical information for the period 2006-15 is also included. All data are subject to revision by statistical sources. In some instances, more than one source may be available and discrepancies in values may arise because of conceptual or methodological differences.
    [Show full text]
  • 2014 California Non-Fuel Mineral Production
    CALIFORNIA NON-FUEL MINERALS 2014 By John Clinkenbeard, Supervising Engineering Geologist (PG #4731) California Geological Survey Based on U.S. Geological Survey (USGS) preliminary data for 2014, California ranked sixth after Arizona, Nevada, Minnesota, Texas, and Utah in the value of non-fuel mineral production, accounting for approximately 4.5 percent of the nation’s total. The market value of non-fuel mineral production for California was $3.5 billion. California produced more than two dozen non- fuel mineral commodities during the year, and was the only U.S. producer of boron compounds and rare earth elements. It ranked second behind Texas in the production of construction sand and gravel and portland cement. The state ranked sixth out of ten states that reported gold production for the year. Other mineral commodities produced include bentonite clay (including hectorite), common clay, crushed stone, diatomite, dimension stone, feldspar, fuller's earth, gemstones, gypsum, industrial sand and gravel, iron ore, kaolin clay, lime, magnesium compounds, masonry cement, perlite, pumice, pumicite, salt, silver, soda ash, sodium sulfate, and zeolites. There were about 660 active mines in California producing non-fuel minerals during 2014 (California Office of Mine Reclamation). Approximately 5,500 people were employed at these mines and their processing facilities (California Employment Development Department, Labor Market Information Division). INDUSTRIAL MINERALS Construction grade sand and gravel was California’s leading mineral commodity in terms of dollar value in 2014. The total value of construction sand and gravel produced in California in 2014 was $1.01 billion for 96 million tons produced compared to the revised 2013 totals of $958 million for 93.8 million tons produced.
    [Show full text]