Show:
Miner Lingo
Industry Yay
"That's Cap"-italization
Mining for Dummies
IFR-YES
100

What is the proper name of a horizontal tunnel developed underground?

  • Tunnel
  • Drift
  • Shaft
  • Cage

DRIFT

100

What was Canada’s top mineral product by value? 

  • Gold
  • Coal
  • Copper
  • Iron ore
  • Potash

POTASH

(True order is Potash, Gold, Coal, Copper, Iron ore)

100

What type of report is often prepared during the exploration stage, in order to analyze mineral reserves and resources?

  • NI 43-101 Technical Report
  • Statement of Mineral Reserves and Resources
  • Rock Analysis Report
  • QP 45-102 Report
  • NI 43-101 Technical Report
100

What type of mine is developed by blasting down in steps?

  • Underground
  • Open pit 
OPEN PIT
100

What IFRS Standard applies specifically to Exploration and Evaluation of Mineral Resources

  • IFRS 6
  • IFRS 8
  • IFRS 9
  • IFRS 4

IFRS 6

200

What is it called when you remove the blasted material from the stope?

  • Removal
  • Crushing
  • Mucking
  • Grabbing
MUCKING
200

Where in the world is the largest man made hole?

  • Australia
  • Africa
  • Utah 
  • Canada

UTAH

200

What is an individual called that signs off on NI 43-101 Technical Report?

  • Qualified Person 
  • Quantified Personnel
  • Qualified Persona
  • Qualified People
  • Qualified Person 
200

What is the mining process?

  • Mining, Milling, Stockpiling, Purification
  • Mining, Stockpiling, Milling, Purification 
  • Stockpiling, Mining, Purification, Milling
  • Mining, Purification, Stockpiling, Milling
  • Mining, Stockpiling, Milling, Purification 
200

What does NRV stand for?

  • Net reclamation values
  • Non realized valuation
  • Net realizable value
  • Non-realistic value
  • Net realizable value
300

What is the name of the box that transports personnel underground?

  • Elevator
  • Skip
  • Box
  • Cage

CAGE

300

Who is our biggest client in terms of market size?

  • Allied Gold Corp
  • Equinox Gold Corp
  • Kinross Gold Corp
  • Alamos Gold Inc

KINROSS GOLD CORP

300

What is the actual strip ratio?

  • Actual capitalized stripping costs / actual waste tonned mines
  • Actual pre tonnes mined / budgeted ore tonnes mined
  • Actual waste tonnes mined / total budgeted waste tonnes mined
  • Actual waste tonnes mined / actual ore tonnes mined
  • Actual waste tonnes mined / actual ore tonnes mined
300

Which of the following leads to increased underground safety?

  • Luck
  • Use of technology
  • Communication through morse code
  • Canary bird
  • Use of technology
300

Which of the following does IFRS 6 allow?

  • Policy choice to not pay taxes
  • Policy choice to start up a mine at any time
  • Policy choice to decide what metals to report
  • Policy choice to capitalize or expense
  • Policy choice to capitalize or expense
400

What is the waste from a mine called?

  • Toxic waste
  • Trailings
  • Tailings

TAILINGS

400

What were the first metals to be discovered by man

  • Gold and Copper 
  • Gold and Silver
  • Silver and Nickel
  • Zinc and Platinum
  • Gold and Copper 
400

You can capitalize stripping costs in excess of the established strip ratio to mineral properties when?

  • It creates access for the public
  • It creates reasonable doubt  
  • It creates access to ore to be mined 
  • It creates a large budget variance
  • It creates access to ore to be mined 
400

Which of these is a method for surface mining?

  • Sledge mining
  • Quarry pits
  • Mountaintop removal 
  • Terrain excavation
  • Mountaintop removal 
400

What does CGU stand for?

  • Consistently generating unity
  • Considered general units
  • Constant generic utility
  • Cash generating unit
  • Cash generating unit
500
What is the name of the large rotating drum that crushes ore using metal spheres?


BALL MILL

500

Which of the following is not a base metal?

  • Copper
  • Platinum 
  • Lead
  • Zinc
PLATINUM
500

Which of these is the best strip ratio?

  • 4:1
  • 10:1
  • 2:1
  • 1:2

1:2


The lower the ratio, the less waste!

500

Which of these is a mining method?

  • Room and pillar
  • Cut and display
  • Sub level stoop
  • Fill and block
  • Room and pillar
500

Recoverable amount is the greater of?

  • Fair value or value in use 
  • Fair value or historical cost
  • Value in use or selling price
  • Fair value or selling price
  • Fair value or value in use