106 - The International Resource Journal

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156 CANADA MCW Energy GroupUTAH’S UINTA BASIN: THE LOCATION OF THE STATE’S EIGHT MAJOR OIL SANDS DEPOSITS, WHICH INCLUDES ASPHALT RIDGESchematic of MCW’s proprietary oil sands extractionTECHNOLOGY which is capable of extracting over 99% ofall hydrocarbons from all types of oil sands depositsTHE EXTRACTION RESULT IS A VERY TRANSPORTABLE OIL WITHAN API RATIO OF 14. ALL BENIGN SOLVENTS ARE RETAINED INTHE CLOSED-LOOP SYSTEM
FEBRUARY 2013 The International Resource Journal157MCW’s oil sands lease site in the prolific Asphalt Ridge region in Utah, prior to its initial developmentChief executive officer Dr Gerry Bailey explainsthe process thus: “It’s a mixture of commonsolvents mixed with the sand. As in simplestrip mining, we just scoop the oil sands materialsoff the surface, combine it with the solvents, andour process extracts more than 99 per cent of thehydrocarbons out of the sand. This entire processis completed in a closed-loop system so the oil andsolvent rise to the top, while the cleaned sand viagravity falls to the column base and is placed backwhere it came from. The solvent is then sent backto a retainer tank for re-use.”The process produces no greenhouse gas,requires no high temperature or pressure, and iscapable of extracting 99 per cent of hydrocarboncontent. It also recycles approximately 99 percent of solvents within the closed loop system.Bailey, a Texan oilman whose resume includesa stint as president of EXXON-ArabianGulf and another in Libya, has a storied backgroundthat has recently provided the inspirationfor a novel.“I saw the potential of MCW’s technologyinstantly,” he says.“I see a lot of technologies cross my desk, butthis one caught my attention because no one todate has been able to extract oil from these oilsands areas with a commercially-viable technology”So confident is Bailey of the technology’sstrengths, he says he sees significant possibility
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EDITOR’S NoteAs our readers will
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IRJ TeamJuliet Langton | Editor | j
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Table of ContentsFEBRUARY 2013 | VO
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10 SECTION TitleNEWS in FOCUS
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12 SECTION TitleNEWS in FOCUS“de
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14 SECTION TitleNEWS in FOCUSminer
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16 COVER FEATURE Mining in Latin A
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may del24 Brazil Political impasse
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26 Brazil Political impasse may de
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28 BRAZIL Miners under the spotlig
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30 BRAZIL Miners under the spotlig
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32 THE RESOURCE CHANNEL Is obesity
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40 MINERALS Lithium in 2013040Lith
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42 MINERALS Lithium in 2013Chris B
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44 MINERALS Lithium in 2013covery
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46 MINERALS Lithium in 2013
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48 MINERALS Cobalt Development Inst
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58 RISK The Chinese are catching o
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06Alara ReShifting64 AUSTRALIA Ala
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66 AUSTRALIA Alara Resources
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68 AUSTRALIA Alara ResourcesAll th
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Chinalco YCopper ResDeeper undergro
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72 AUSTRALIA Chinalco Yunnan Coppe
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0778 AUSTRALIA Red Mountain Mining
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82 AUSTRALIA Red Mountain MiningRe
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86 AUSTRALIA Red Mountain Miningth
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GoldplatUncoveunexpe088
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90 africa Goldplat
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92 africa GoldplatRecover Gold and
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94 africa Goldplat
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AFRICAHelvetic SolarContractorsSunn
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FEBRUARY 2013 The International Re
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Page 144 and 145: 144 CANADA MarathonOwned by a numb
Page 146 and 147: 146 CANADA MarathonDiscover Marath
Page 148 and 149: 148 CANADA MarathonOur experienced
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Page 152 and 153: 152 CANADA MCW Energy Group152MCWE
Page 154 and 155: 154 CANADA MCW Energy GroupOil san
Page 158 and 159: 158 CANADA MCW Energy GroupShovel-
Page 160 and 161: 160 CANADA MCW Energy GroupMCW has
Page 162 and 163: Rio VerdeNutrient richFertiliser mi
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Page 166 and 167: 166 CANADA Rio Verdestates current
Page 168 and 169: What'shAPPENING 2014-7 Investing in
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Page 174 and 175: July20131-3 The Australian Mine Ven
Page 176 and 177: 176 EVENTS What's Happening 2010Se
Page 178 and 179: 178 EVENTS What's Happening 2010No
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