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By J. R. Parry

Over the past several years, computerized financial models have been an important part of Newmont's strategic planning process. Two applications will be discussed in this paper: a general purpose financial model of Newmont, and a detailed operational/financial model of Magma Copper Company. Newmont?s general purpose financial model was developed using Lotus 1-2-3. It was designed to aid management in assessing the financial consequences of investment and financing decisions associated with long-term strategic planning by simulating the consolidated effect from individual transactions. Not only is the model capable of assessing the sensitivity of specific decisions to changes in the external economic environment (i. e., commodity prices, interest rates, inflation and exchange rates), it can also evaluate the effect from operating and financial decisions, including changing production levels and cost structures at individual operating units as well as simulating several types of transactions, including equity and debt issues, acquisitions and divestitures. The analysis of Magma Copper Company required the development of a detailed operating and financial model of the Company. The model was developed using IFPS in the corporation?s UNISYS (then Burroughs) B7900 mainframe computer and included separate pro forma financial statements for each of San Manuel-Pinto Valley's mines and concentrators, as well as Magma's smelting and refining operations. The outcome of this analysis was the decision to merge Magma Copper and Pinto Valley Copper Corporation, and to recapitalize the new corporation in order to provide funds for a retrofit and expansion of its Arizona smelter and expansions of its refinery and SXEW facilities.

Jan 1, 1989

By Jeff Reid, Mohamed Maghari, Nicholas Joens

The Burnaby Mountain Tunnel was an integral part of the Trans Mountain Expansion Project. General Contractor, Kiewit Ledcor TMEP Partnership (KLTP), contracted with McNally Construction to build an underground tunnel between the Burnaby and Westridge Marine terminals under Burnaby Mountain. The pipeline was constructed within a 2.6-kilometre tunnel, eliminating the need to run the pipeline over the mountain and minimizing community impacts. The complexities of this Project led to multiple innovations, including the design of a Tunnel Boring Machine (TBM) capable of excavating through mixed-faced conditions concurrently thus allowing the Project team to complete the tunnel with limited geotechnical information.

Jun 23, 2024

By Joseph Sopko, Xavier Lacourse-Dontigny

For the REM (Réseau Express Métropolitain) project, a 2500 m tunnel was built using a tunnel boring machine (TBM) under the Montreal Pierre Elliott Trudeau Airport (ADM). Although the geology under the Montreal Airport (ADM) would have been suitable for an excavation with a hard rock machine, the rst section reuired an earth pressure balance (EPB) TBM due to the soft soil located under wetlands. After excavating 280 m, the TBM was blocked in a transition zone of unconsolidated, water-bearing soils directly above the underlying bedrock. A free air intervention was not possible due to these geological conditions. After several failed attempts to create a slurry cake for hyperbaric interventions, a ground freezing system was designed and implemented, incorporating angled pipes drilled from outside the wetlands to directly in front of the cutterhead. This paper discusses the engineering reuired to form a frozen, water-tight zone in front of the cutterhead using liuid nitrogen. It also describes the complex method of replacing the disc cutters while holding the ground freezing system active in a manner protecting the health and safety of the workers.

Jun 23, 2024

By C. McKinnon

Climate change is the central challenge facing the mining industry, wherein producers must simultaneously ramp up production to provide the raw materials for clean technologies while transitioning to carbon neutrality. While transitioning to renewables will take time, mines can start improving energy efficiency while improving productivity today. This paper proposes a novel technology ecosystem that can help. By monitoring mine shovels, loaders, haul truck paths, and conveyor belts, the proposed technology enables particle size measurements throughout the operation, truck and belt volume monitoring, ground engaging tools monitoring, and boulder detection.

Mar 2, 2022

By T. Fernandez, V. Juchen, C. Petter, F. Cantini, V. Lenz, V. I. Araújo, R. Petter, R. Darrigo, A. Young, I. G. da Costa, J. Oppermann

There are many methods to estimate costs quickly. One of these is the Parametric Method, where costs are estimated from general algorithms (or curves). Derived from an original tool based on the O’Hara model, a software called MAFMINE was developed. MAFMINE is based on parametric models to estimate investment and operational costs in mining. The software itself is based on the use of a computer model known as client-server. However, the model needs new inputs from advances made by the mining industry, mainly in terms of electrification, automation, digital transformation and preconcentration to face Environmental, Social and Governance (ESG) concerns. Thus, this work was to prepare a new core module ready to incorporate the new technologies aiming to deliver operation and capital costs associated with environmental impact mitigation. The tool generates an order of magnitude estimate for CAPEX and OPEX to establish a very first Discounted Cash Flow (DCF) in a mining venture. For quick evaluations, at a preliminary level, the results are very promising.

Mar 2, 2022

By Liz Diaz, Tacio Ferreira

Capstone Copper’s Pinto Valley Mine faced challenges in recovering rock and ore on final walls because of geotechnical constraints that require restrictions on methods for loading blastholes adjacent to the pit boundaries to preserve wall stability. The operation had been using the same drill and blast designs for years. With changing geology, such as harder rock, as mining progressed, material was being left unmined in final walls because of poor breakage. The amount of unrecovered, unprocessed ore was estimated at approximately 380,000 tons a year generated from an average of 60 final wall blasts performed annually. The engineering team from Capstone and Dyno Nobel engaged to minimize the amount of material left on the final pit walls. This paper presents how we collected data, reviewed design standards, and found opportunities to improve ore recovery from pit final walls without increasing drilling and blasting costs. The results collected from implementing the new design on two benches showed the potential for extra revenue of approximately $3.6 million generated annually from reducing final wall unrecoverable underbreak by nearly 71% on the mine’s highwalls.

Feb 1, 2025

By I. Cameron-Clarke

This paper describes the design of a wellfield to provide a water supply for a new mine in southern Africa. A hydrogeological investigation was conducted that included the drilling and test pumping of eight wells located within a highly jointed pyroxenite aquifer. The wellfield was designed using a simple probabilistic analysis. This approach allowed the variability of the aquifer parameters to be taken into account. A risk assessment analysis was then carried out to evaluate the level of assurance that a reliable water supply could be provided by the wellfield. The analysis was also used to assess the effects of supplementing the water supply by pumping from nearby flooded workings.

Jan 1, 1992

By Matteo Cortinovis, Giuseppe Gelmi

"INTRODUCTIONEdilmac dei F.lli Maccabelli (hereinafter referred to as Edilmac) has recently developed a special civil engineering application using the Raise Boring technology with the assistance of Inrock MGS (Magnetic Guidance System). Applying the Paratrack Magnetic Guidance System coupled with a directional mud motor to the drill string allows a better accuracy compared to standard drilling, as showed in our tests. This is the first time the Paratrack System has been applied to the Raise Boring technology. RAISE BORING METHOD STATEMENT The Raise Boring technology was born in North America during the Sixties. In 1962, Ingersoll and Robbins were the first companies to produce Raise Boring Machines (RBM). The technology was first used in the underground mine industry, in order to bore ventilation shafts and passes through different levels, thus reducing the cost of haulage. The Raise Boring method is only feasible in stable rock conditions. The Raise Boring method consists of drilling a small diameter pilot hole that reaches a tunnel located at the bottom of the drilled hole. Once the pilot hole reaches the tunnel, a reamer head is installed at the end of the drill string and pulled up, creating the hole with the designed diameter (Figures 1 and 2). The main equipment, which is required to perform Raise Boring activities, is the following: •,An RBM; •,A tricone bit; •,Drilling rods; •,A reaming head; The standard mucking of the pilot hole is done with water or bentonite mud. For the last 30 years, Edilmac has developed a mucking process, which uses compressed air with the addition of foam or a small amount of water for dust control.Pilot hole tricone. The drilling of the pilot hole is usually performed with a tricone bit having a diameter between 11” (27.61 cm) and 15” (38.10 cm) (Figure 3). High strength rods. They generally have a diameter ranging from 10” (25.40 cm) to 12 ?” (32.70 cm) (Figure 4), depending on the length and the final diameter of the shaft."

Jan 1, 2016

Passive seismic monitoring is a useful tool for measuring wave propagation in rock mass in deep underground mining. About 20000 mining ? induced seismic events of a hard rock mine, are identified and investigated. The travel times of source-receiver pairs allow us to demonstrate temporal change in velocity. It was found that the average P wave velocity is about 6000 m/s in the mining regions. Velocity investigations on the data during about three months around the main shocks show a significant decrease of the average seismic wave velocity after the main shocks. The sudden drop of average velocity change after the main shocks implies the creation of new fractures in the rock mass due to the main shocks. Afterward, the average velocity increased to a normal level after a time duration of several days. A reasonable explanation for the post seismic velocity increase is that opened cracks begin to close due to crack healing.

Feb 23, 2014

By T. Wohlford

Due to the increases available base of scientific knowledge, increased independent review required by worldwide security exchanges, and the need for accuracy in characterizing mine water resources, it has become necessary to produce a more accurate hydrologic balance. This presentation provides a critical review of the steps and tools to compile a complete hydrologic review of a mine property. The forces of regulation, increased scientific analysis, better tools, and stakeholder expectations have created a perfect storm of accuracy demand. Ausenco has developed protocol to achieve the desired end.

Feb 23, 2014

By D. A. Poukhovski

Two integral components of the 30 CFR 48 training requirements mandated for new miners, newly employed experienced miners, and the annual refresher training of all miners are hazard recognition and prevention of accidents. In these categories, instruction shall include the recognition and avoidance of hazards present in the mine, and a review of accidents and their causes. Unlike instruction preparation for fact-based material, program development for hazard recognition places a particular challenge before safety-training specialists because they are often limited in their ability to adequately gauge the trainees' levels awareness prior to training. Further, they must also assure that the training is relevant, and it is presented in a thought-provoking manner. Computer-based instruction is particularly well suited for assisting trainers in developing hazard-recognition topics because it can be used in pre-training and post-training modes for assessment of training effectiveness, in addition to use as a presentation tool. Therefore, this paper will present a recent approach developed at Penn State to apply this technology for assessment and instruction of accident prevention through hazard recognition, with an application prepared for surface coal mines.

Jan 1, 1997

By L. Thompsen

High pressure grinding has been introduced into many grinding applications. The high pressure grinding roll offers capacity increases of existing plants and savings in operating costs. Also metallurgical advantages could be achieved. The first high pressure grinding roll in a copper mine was commissioned in Arizona in July 1995. This paper provides information about the operating experience gathered during the first months of operation. The current flowsheet will be described as well as further options for plant arrangements.

Jan 1, 1996

By J. J. Fallon

The subject is "Mergers, Acquisitions and Divestitures in Industrial Minerals, but my remarks could also be applied to new product development, resource development and other new business development activities. At the kernel of the subject is due diligence in major decision-making, that is, where major money amounts and a large corporate commitment are at stake. The "due diligence" means how carefully we do our homework before making the decision. The homework or feasibility study addresses different parts of the decision. In the industrial minerals business the study seeks to uncover the pros and cons in: o The mineral reserves, quantity, quality, mineability, access, etc. o The environmental impact of mining, processing and transporting. o The economics of operations. o Financial aspects o Legal aspects o Many other aspects o And -oh yes! the marketing aspects.

Jan 1, 1990

By William E. Spence

Gold was discovered at the Haile mine in Lancaster County, South Carolina in 1827 or 1828, and since that time the mine has been worked intermittently by both open pit and underground methods until its forced closure in 1942 by World War II. Production figures are incomplete, especially for the early years, but the total gold produced is estimated to have been greater than 200,000 ounces. Thus, the Haile mine has been the most productive gold mine in the eastern United States. The upper, residually enriched ores were relatively rich, but the bulk of the production has come from the mining of lower grade ores.

Jan 1, 1978

By R. J. Miller

The current National commitment to expanding the human presence into the solar system will clearly require major facilities in Earth orbit or possibly on the moon. Such facilities will need large amounts of materials for structural modules, life support, propulsion, and shielding. The heavy transportation costs in fuel required to lift materials from the Earth's surface make a terrestrial-based space system inherently inefficient. A more cost-effective approach would be to provide as much of the required materials as possible from other bodies in space not having the high cost of Earth launch. This paper identifies potential targets for space-based resource utilization, constraints on exploitation, and relative benefits of various sources.

Jan 1, 1992

By M. Solomon

Crushers are designed and manufactured to survive the severe duty of mining environments worldwide. Under these conditions the crusher performance and availability is one of the critical factors in the mine?s production and profitability. Traditionally the development of these machines tends to be experience-based, incremental improvements in design due to challenges of different applications, duty, or manufacturing. In order to better serve the mining industry a new approach was taken to the design of primary crushers. This approach was to focus on safety and maintenance activities. The result of this effort is a new generation of gyratory crushers that can be serviced from above. Using the features of this new generation of crushers to their fullest extent crushing installations have improved safety, reduced design and construction costs, and lowered maintenance requirements. This presentation explores the benefits of two crusher installations utilizing top service crushers.

Jan 1, 2010

By James Yancik

The Howe Coal Company located in Leflore County, Oklahoma is mining the Oklahoma Lower Hartshorne Coal bed which ranges in thickness from 38" to 42" and dips approximately 7 degrees to the Northeast. The Lower Hartshorne bed lies within the Hartshorne sandstone in Oklahoma but is as much as 60 feet above this sandstone formation in Arkansas. This coal bed extends throughout the Arkansas Oklahoma coal basin, which is about 50 miles wide and 180 miles long and progresses from a semi anthracite in Arkansas to a low-volatile coal in the eastern part of the Oklahoma to a high-volatile coal in the western area. The Howe Mine #1 in the eastern area is mining a low-volatile bituminous coal which has been used as metallurgical coal since the early 1900's as evidence of Bee-hive coke ovens still remain near the town Howe, a few miles northwest of the mine site. The Howe Mine is the first mine in the area to use modern mining equipment, however, numerous punch mines have been worked along the outcrop south of the mine site dating from 1900 with the last closing in 1965. The coal characteristics of the Lower Hartshorne rival the Pocahontas seam in chemistry and coking qualities. This paper will be concerned with the preparation of the coal for the Japanese steel market. The three man crew necessary to operate the plant are the operator, the helper, and the equipment operator needed to feed the raw coal hopper. An additional equipment operator is available on the day shift for coal loading and moving the clean coal to the storage pile as the area under the clean coal belt is only large enough for 1 shifts production. We are at present running the plant on a 2 shift per day basis.

Jan 1, 1969

By S. Nygren

Nalco Chemical Company and a North Carolina Phosphate operation have formed a successful supplier/customer team effort that has resulted in major improvements in the operation of the clay thickening circuit at the Aurora, North Carolina concentrator. A Nalco OPTICUS® Automated Process Control System for thickener and flocculant control was installed in 1994. The paper will discuss in detail the development and refinement of the OPTICUS system over the past three years. The paper will survey the development and networking of process control for monitoring, controlling and operating four 325-foot Dorr-Oliver thickeners, three 80-foot high-rate Enviro-Clear thickeners and control links to the facility's clay/gypsum blending operation.

Jan 1, 1998

By James L. Patton

Automation of mining increases the productivity of labor, thereby reducing the unit cost of labor. Such cost constitutes the largest portion of the direct or variable costs of producing coal. Therefore, any increase in productivity directly reduces variable cost. The large investment in mechanical equipment carries with it the burden of increased fixed charges. As the proportion of fixed cost to the total cost increases, the effects on the cost of production changes are amplified. Therefore, equipment must be fully utilized at all times. Averaged fixed costs rise with any decline in production. Such a situation forces coal companies to seek every means of main¬taining full production. Figure I will reflect the story on the relationship of production to cost.

Jan 1, 1962

By J. C. Mullen

Today, the coal mining industry is more knowledgeable on the potential negative economic consequences associated with improper management of hazardous substances and various types of solid waste. The practices evaluated during environ-mental audits are discussed and example situations are shared from previous audits of coal mines and analogous situations. The importance of assessing and understanding purchasing, warehousing, safety, maintenance, electrical, operations, and environmental management practices and procedures is highlighted as a key to a successful and practical program. A waste minimization approach is presented including strategies for screening product purchases, product substitutions, and testing and record keeping.

Jan 1, 1992