Day order -


  • Day order -An order to buy or sell shares, good only on the day the order was entered.
  • Debenture -See bonds.
  • Debt financing -Method of raising capital whereby companies borrow money from a lending institution.
  • Deck -The area around the shaft collar where men and materials enter the cage to be lowered under ground.
  • Decline -A sloping underground opening for machine access from level to level or from surface; also called a ramp.
  • Deferred charges -Expenses incurred but not charged against the current year’s operation.
  • Depletion -An accounting device, used primarily in tax computations. It recognizes the consumption of an ore deposit, a mine’s principal asset.
  • Depreciation -The periodic, systematic charging to expense of plant assets reflecting the decline in economic potential of the assets.
  • Development -Underground work carried out for the purpose of opening up a mineral deposit. Includes shaft sinking, crosscutting, drifting and raising.
  • Development drilling -drilling to establish accurate estimates of mineral reserves
  • Diabase -A common basic igneous rock usually occurring in dykes or sills.
  • Diamond -The hardest known mineral, composed of pure carbon; low-quality diamonds are used to make bits for diamond drilling in rock.
  • Diamond drill -A rotary type of rock drill that cuts a core of rock that is recovered in long cylindrical sections, two cm or more in diameter.
  • Diamond driller -A person who operates a diamond drill.
  • Dilution (mining) -Rock that is , by necessity, removed along with the ore in the mining process, subsequently lowering the grade of the ore.
  • Dilution (of shores) -A decrease in the value of a company’s shares caused by the issue of treasury shares.
  • Diorite -An intrusive igneous rock composed chiefly of sodic plagioclase, hornblende, biotite or pyroxene.
  • Dip -The angle at which a vein, structure or rock bed is inclined from the horizontal as measured at right angles to the strike.
  • Dip needle -A compass with the needle mounted so as to swing in a vertical plane, used for prospecting to determine the magnetic attraction of rocks.
  • Directional drilling -A method of drilling involving the use of stabilizers and wedges to direct the orientation of the hole.
  • Discount -The minimum price below the par value at which treasury shares may legally be sold.
  • Disseminated ore -Ore carrying small particles of valuable minerals spread more or less uniformly through the host rock.
  • Dividend -Cash or stock awarded to preferred and common shareholders at the discretion of the company’s board of directors.
  • Dividend claim -Made when a dividend has been paid to the previous holder because stock has not yet been transferred to the name of the new owner.
  • Doré bar -The final saleable product of a gold mine. Usually consisting of gold and silver.
  • Drag fold -The result of the plastic deformation of a rock unit where it has been folded or bent back on itself.
  • Drawpoint -An underground opening at the bottom of a stope through which broken ore from the stope is extracted.
  • Drift -A horizontal underground opening that follows along the length of a vein or rock formation as opposed to crosscut which crosses the rock formation.
  • Drifter -A hydraulic rock drill used to drill small-diameter holes for blasting or for installing rock bolts.
  • Drill-indicated reserves -The size and quality of a potential orebody as suggested by widely spaced drill-holes; more work is required before reserves can be classified as probable or proven.
  • Dry -A building where the miner changes into working clothes.
  • Due diligence -The degree of care and caution required before making a decision; loosely, a financial and technical investigation to determine whether an investment is sound.
  • Dump -A pile of broken rock or ore on surface.
  • Dyke -A long and relatively thin body of igneous rock that, while in the molten state, intruded a fissure in older rocks.