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By Pierre Pelletier, Christian Pichetie, Dany Pelletier

"IntroductionDuring 1994, Barrick Gold Corporation, or American Barrick at that period, acquired Lac Minerals Ltd. properties. One of them was the Bousquet Complex. The Bousquet Complex is divided into three distinct sites: one mine (Bousquet 2), one mill (Est-Malartic Division) and one analytical chemistry laboratory (Les Terrains auriferes).The Bousquet 2 orebody was discovered in 1986. An extensive drilling program was initiated during 1987. Its purpose was to define the orebody extent. At the end of 1997, gold production from Bousquet 2 mine reached 1 290 000 oz of gold from a cumulative tonnage processed of 4 175 000 M t.From 1980 to 1990, the Est-Malartic mill was used for the treatment of ore from the following mines: Bousquet 1, Doyon, Francoeur (Richmont mines), Buckshot and 1-20 stope. At present, the mill receives ore from the Bousquet 2 mine.HistoryThe Est-Malartic mill is located close to the town of Malartic in northwestern Quebec. The mill has been in production since the mid-1930s processing mainly clean, free mill gold ore. Active mining from the Est-Malartic mine ceased in 1979 and the mill was switched to custom processing of ore from La Mine Doyon located some 45 km to the west. This custom processing arrangement continued until 1987 when the expanded mill at Doyon became available to process all of the Doyon production. In 1987, Lac Minerals commenced development of a second mine at the Bousquet site located 40 km west of Malartic. This mine, Bousquet 2, is the down dip extension of the La Ronde mine developed by Agnico Eagle. During pre-feasibility evaluations, it was determined that it would be economically more attractive to modify the existing Est-Malartic mill than building a new facility on site. The Est-Malartic mill modifications for processing the high-copper/gold ore from the Bousquet 2 mine began in late 1989 and new circuits were commissioned in mid-1990. Modifications included the addition of both gravity and flotation concentration circuits to recover coarse, free gold and the copper. The existing leaching circuit continued to operate on the copper flotation tailings with some minor modifications to the solution handling systems. A S02/Air cyanide destruction circuit was also added at that time."

Jan 1, 2000

By Ken Wood

"A reliable source of water of an acceptable quality is vital to the success of any mineral processing plant using wet methods. For Cerro Verde, a new 108,000 t/d copper mill in southern Peru, the main source of raw water is the Chili River. The Chili River is heavily contaminated with raw sewage, industrial wastewater and agricultural runoff, and can also receive high sediment loads during the rainy season. The initial water treatment plant could not supply design flows of water due to the exceptionally poor water quality. Problems with treated water quality caused significant difficulties with water consuming equipment, such as the plant cooling systems. This paper details the Cerro Verde water system and changes from design through to start up from a mineral processing perspective.INTRODUCTIONMining, and mineral processing in particular, is a water intensive activity. Improving water system design and practice are key strategic requirements in moving toward a more sustainable mining industry. This case study forms a basis for ongoing research into water use and reuse at mines and mineral process plants, conducted by AJ Gunson, under the supervision of Dr. Bern Klein and Dr. Marcello Veiga at the University of British Columbia. The case study material was gathered through involvement with the design, startup, and redesign of the Cerro Verde water system.Cerro Verde is a low-grade copper porphyry mine, located near the city of Arequipa in southern Peru, at an elevation approaching 2,800 m. In 1972, one of the world’s first copper Solvent Extraction – Electrowinning (SX/EW) facilities was built on the site, processing oxide ore from two main open pits. In 2004, the operator, Sociedad Minera Cerro Verde S.A.A. (SMCV), approved a 108,000 t/d expansion project to process sulfide ore reserves through a new concentrator plant. The plant was designed under extremely tight schedule and capital constraints, with a mandate to intentionally avoid any overdesign."

Jan 1, 2008

By K. Gie Tan, Frank Wright

"Misty Mountain Gold Limited (MGL - TSE VSE, MGLCF - NASDAQ) of Vancouver, owns the Harmony Gold Project located in the Queen Charlotte Islands of British Columbia. The deposit contains a mineable reserve of 2.3 million ounces of gold, at a 1.2 g/t cut-off and an average grade of 2.1 1 g/t Au.Discovered in 1970 and frequently investigated by previous owners, full-scale production has not yet occurred because of the complex metallurgy of the deposit. Recent process studies that were completed in six months at Process Research Associates Ltd. (PRA) of Vancouver resulted in significant improvements to the project viability. The work involved detailed mineral processing studies aimed at achieving a marketable concentrate. An option for bio-oxidation and cyanidation to allow on-site dor6 production was also investigated.The main findings at PRA followed the front-end recovery of finely divided free gold (Au) by gravity concentration. Approximately 20% of Au reported to less than 0.2% of the mass, resulting in a grade exceeding 500g/t Au. The resulting gravity tailing provided a uniform feed for flotation evaluation. The optimization of this step allowed for a reasonable primary grind size of 80% passing (&) 50pm. Efficient slime’s rejection was made possible by flotation at a reduced pulp density, and pre-oxidized sulphides were reactivated with Na,S. The regrinding of the bulk flotation concentrate followed by up to five stages of cleaning resulted in a combined gravity + flotation product of 50g/t Au with 82% recovery in less than 4% of the feed mass.Further studies indicated that the flotation concentrate was amenable also to tank bio-oxidation. At 65% sulphide oxidation the gold recovery improved from less than 70% to 90% by cyanide extraction using CIL (carbon in leach). This compares to less than 45% gold recovery from whole-ore cyanidation in several previous studies. Heap leaching may also be considered for lower grade material. PRA’s methodical approach and consistent results dispelled the uncertainty about predicting the material behavior for the Harmony Property."

Jan 1, 2000

By R. Grimard, M. Gamache, L. -P. Bigras, P. Cohen

This paper describes a real-time fleet management system for an undergroun mine. Dispatching, routing and scheduling are handled simultaneously, taking into account the mine status, operational constraints and vehicle location information. Each assignment decision takes into account the traffic on the road segments of the mine network, whether road segments are bi-directional or uni-directional, and ensures that each LHD (load-haul-dump) vehicle arrives at loading and dumping points with the correct orientation. Such a system can be used either as a simulation tool for strategic planning or as a real-time managing and optimizing system for operations. In the simulation mode, the system can accurately estimate the impact on productivity of decisions such as the development of waiting areas (bays, sidings), or the addition (elimination) of vehicles to the fleet in operation. When used for real-time dispatching, routing and scheduling of vehicles, the system can optimize production with respect to various assignment criteria such as cycle-time minimization or deviation from a target production plan.

Jan 1, 2004

By Patrick F. R. Murphy

The mechanization of platinum group metal (PGM) underground reef mining in South Africa has posed a challenge to mining engineers for several decades. This is primarily due to the shallow dip angles and narrow thickness (<1.1m) of the tabular orebodies mined, and the issues faced in developing reliable drilling, bolting and loading machines suitable for such hard-rock mining applications. Presently, mining is typically conducted using hand drills and scraper shovels. These methods, however, are intensive in terms of manual labor, and limited in terms of productivity, and improved methods are desired. This paper will review the technical features of a 4 tonne, low-profile, LHD for narrow-reef PGM mining, developed by EJC Loaders Division.

May 1, 2003

By R. F. Pilgrim

"This first chapter of the SPOC Manual 1s intended as a general introduction to all the other chapters in which the mineral process evaluation and optimization methodology is presented. This chapter also provides a brief description of available software for mainframe and m1crocomputers and provides information on its distribution by the Technology Information Division. CANMETRESUMECe premier chapitre du manuel SPOC est un guide général qui présente les autres chapitres ou l'on traite de la méthodologie d'évaluation et d'optimisation des procédés miméralurgiques. Le lecteur y trouvera aussi une description sommaire des programmes de calcul développés pour ordinateurs centraux et pour micro-ordinateurs ainsi que la façon de les obtenir de la Division de l'information technologique du CANMETComputer simulation of mineral processes has slowly emerged as an established branch of activity in A&D centres and in several teaching institutions after decades of slow progress. Substantial efforts to develop application software based on years of research on process modelling are being pursued in many countries ( 1 .2,3,4.5). The late BO's should see a flurry of success stones about significant leaps of productivity achieved in several plants through systematic process evaluation and computer simulation studies.In Canada. the SPOC project (Simulated Processrng of Ore and Coal) was initiated at CAN MET in 1980 with the obJective of developing and transferrrng to the mineral rndustry a computer-based methodology for process evaluation and optimization. The proiect deliverables include:- an engineering manual covering most aspects of off-line computer simulation:- a bank of FORTRAN software accessible through data communication lines for user familiarization and distributed at a nominal cost in source form by CANMETThe yearly progress reports of the project contain detailed information on the project elements since 1980 16). The context of SPOC can be summed up by quoting Gordon Agar""s 1975 statement during a workshop on research needs in the mineral industry: ""What is needed is a joint effort between the academic community and one or more enliglitened industrial concerns. The effort will have to be an iterative one with data collection followed by testing the model modification of the model (s), more testing prediction, modification. data collection and so on (7). A few parallel in1- t1atives had been reported in papers or research contract reports (8, 9) but there was an obvious need for CANMET to bridge the gap between the R&D and the production sectors by undertaking a project that would document past applications and induce a new generation of initiatives through the consol1dat1on and transfer of suitable manuals and software. The effort took shape as the CANMET SPOC pro1ect in which methodology transfer was to play a key role (10)."

Jan 1, 1986

By Glenn K. Nolan

"Today, more than any other time in recent history, aboriginal communities are looking for ways to be understood as more resource development companies continue to explore and develop Canada's vast resource potential.Recent Supreme Court rulings have affirmed the need to engage aboriginal communities early on in resource development projects. There are many conflicting ideas on how, who, and when to engage. Given the large number of communities and varied cultures, each resource development company must equip itself with a better understanding of the people they are planning to work with.The lecture will begin with a basic historical perspective on treaties and the various societies across Canada. We will also explore the current situation many communities find themselves in today. Building a meaningful relationship with a community is the foundation for a lasting partnership. Every community is unique and every approach to engage communities must be just as unique. The lecture will outline some basic steps that can lead to a better relationship building process between the communities and companies."

Jan 1, 2008

By Robert J. Kuhne

The Iron Ore Company of Canada has successfully employed advanced process control (APC) to optimize the operation of their induration machines. A significant increase in machine throughput and a reduction in fired pellet quality giveaway were observed following the APC implementation on all six machines. This paper discusses the opportunity for process control optimization in induration, reviews the property estimation and multivariable control technologies, and describes how the IOCC control strategy captured this opportunity. APC performance data is presented. The dependence of APC performance on control room operator acceptance, process equipment and instrumentation is highlighted.

May 1, 2007

By C. Carlson, W. Muir

"The oxygen demand of the complex lead-zinc-iron feed at the Cyuro Anvil concentrator was determined denendent on the cyanide ion con-contration of the pulp. By redistribution of the cyanide [ ] the grinding circuit in direct proportion to the amount of surface area created, a more activated flotation feed in obtained.Monitoring the oxygen demand of the flotation feed and grinding mill discharge has proved useful in diagnosing metallurgical problems day to day operation."

Jan 1, 1976

By L. Bloomquist

This paper describes how Automated Mining Systems (AMS) is evolving the state-of-the-art in guidance systems for autonomous underground vehicles. The techniques, trade-offs, and lessons learned from these systems are described, including the safety regime that has been implemented. First generation autonomous guidance systems for underground vehicles relied on infrastructure for the vehicle to follow. However, there are additional costs associated with that approach. The current generation uses a pair of laser range finders as its only guidance sensors. This system uses a minimum of infrastructure, in the form of a redundant system of location referencing. Advanced steering and drive control algorithms are incorporated into this generation of system. The next generation of infrastructureless guidance systems will be based on a 3D vision sensor, which was originally developed for autonomous Mars rovers and is being adapted for underground mining use. Results of early underground field trials are presented, along with a description of this emerging technology.

Jan 1, 2004

By L. Bloomquist, C. Arnoldi

"This paper describes how Automated Mining Systems (AMS) is evolving the state-of the- art in guidance systems for autonomous underground vehicles. The techniques, tradeoffs, and lessons learned from these systems are described, including the safety regime that has been implemented.First generation autonomous guidance systems for underground vehicles relied on infrastructure for the vehicle to follow. However, there are additional costs associated with that approach.The current generation uses a pair of laser range finders as its only guidance sensors. This system uses a minimum of infrastructure, in the form of a redundant system of location referencing. Advanced steering and drive control algorithms are incorporated into this generation of system.The next generation of infrastructureless guidance systems will be based on a 3D vision sensor, which was originally developed for autonomous Mars rovers and is being adapted for underground mining use. Results of early underground field trials are presented, along with a description of this emerging technology."

Jan 1, 2004

By Pavel Vasak

Microseismic monitoring has become standard practice in the mining industry as a ground control monitoring tool at depth. Translating the information into practical hazard assessment tools for the rock mechanics practitioner is the focus of research jointly conducted at Creighton Mine by INCO Mines Technology Centre (MTC) and the Geomechanics Research Centre (GRC) in Sudbury, Ontario. Rock mass damage mechanisms are typically related to stress and the presence of geological structures. Due to well executed de-stress blasting practices at the mine, stress related problems are minimized. However, structurally related damage mechanisms associated with shear zones, faults and joints pose a substantial hazard. Identifying active structures from the dataset of seismic and microseismic events is generally problematic. We propose a new methodology that uses a combination of spacetime event density, hierarchical clustering and principal component analysis to identify planes of microseismic activity, termed active planes (APs). Once identified, the presence and intersection of active planes can be used to provide a hazard ranking for nearby excavations. The ranking is based on the standard Q rock mass classification system, with emphasis on the joint set number (Jn) and stress reduction factor (SRF) parameters. If the rock is treated as a fractured continuum, then, the Jn indicates the degree of freedom for blocks to move and hence, increased potential hazard. An increased hazard can also result if the APs are larger-scale and discrete (faults) rather than ubiquitous (joints). In this case the SRF is used as a measure of the degree of looseness in the rock mass.

May 1, 2004

By F. Dai

Granitic rocks usually exhibit strongly anisotropy due to pre-existing microcracks induced by geologic loadings. The understanding of the rock anisotropy in mechanical properties such as tensile strength is critical to quarrying and stabilization of underground structures. In this paper, Brazilian tests are conducted in combination with MTS material testing machine and split Hopkinson pressure bar (SHPB) system to measure both static and dynamic tensile strength of anisotropic Barre granite. Samples are cored and labeled using the three principle anisotropic directions of Barre granite (BG). These directions are also chosen as the loading directions for the Brazilian discs. For dynamic tests, pulse shaping technique is used to achieve dynamic equilibrium in the samples during the test. Finite Element Method is implemented to formulate equations that relate the failure load to the material tensile strength employing a orthotropic model for Barre granite. For samples in the same orientation group, the tensile strength shows clear loading rate sensitivity. The tensile strengths exhibit clear anisotropy under static loading; while less anisotropy under dynamic loading. The tensile strength anisotropy of Barre granite is interpreted as interactions of the pre-existing microcracks.

May 1, 2009

By Tiziana Apuani

The study refers to an area of about 70 km2, extended in the Italian Central Alps along the the San Giacomo Valley where different civil and mining works are present The regional geological setting is related to the Pennidic Nappe arrangement, characterized by the emplacement of sub-horizontal gneissic bodies resulting from the Mesoalpine isoclinalic folding of crystalline basements, emplaced throw East, and separated by matasedimentary cover units. The investigated geological rocks, belong to the ?Tambò?Unit, overlapped by its meta-sedimentary cover and by the ?Suretta? Unit. The tectonic contact gently dips to the E?NE. The valley, furrowed by the Liro Torrent, follows a N?S striking tectonic lineament, almost parallel to the nappe contact. A number of more then 70 sites, distributed in the studied area, were chosen and detailed structural and geomechanical field surveys were performed to characterize the rock masses, its intact rock and discontinuities. The procedure identifies the number of joint sets, their representative orientation, the set spacing, the type of movement, the amount of dilatation, the degree of alteration, the roughness coefficient, the presence and nature of infill. Rock mass quality indexes, such as the Rock Mass Rating (Bieniawski, 1989) or the Geological Strength Index (Hoek et al. 2002) have been evaluated in each surveyed site. The work is a contribute in assessing how the geometrical and geomechanical properties of the rock masses can be regarded as regionalized variables. The spatial distribution of these properties is a function of the geological and structural phenomena at which the rock masses have been subjected. The presented geostatistical analysis regards the spatial variation of the orientation of the most representative joint set.

May 1, 2009

By Andy Lemay

Vale (previously known as CVRD) is: ? The second-largest mining company by market capitalization (NYSE:RIO) ? Headquartered in Brazil ? Global workforce of over 100,000 employees including outsourced workers. Vale Inco Limited is a wholly?owned subsidiary of Vale Vale Inco Limited ? is based in Toronto, Ontario Canada: ? Operations and Projects in 20 countries ? Marketing Network extending to 40 countries ? Over 12,000 employees worldwide ? Last years sales of US $8 Billion

May 1, 2008

By C. C. Walden, A. Bruynesteyn

"Chemical and biological aspects of the formation of acidic effluents from sulfide waste materials are discussed. Test procedures to determine the acid producing potential of waste materials, as well as the characteristics of such acidic effluents, are presented. Practical applications of the test procedures are discussed with reference to predictior of environmentally unacceptable drainage and to estimation of metal recovery by dump leaching.INTRODUCTIONNatural leaching of sulfide minerals, exposed to the atmosphere, has been occurring for geological time. For centuries, man has been aware of the acid drainage originating from coal workings, copper mines and waste dumps. With the advent of the technical sciences, the processes involved in acid mine drainage production were considered to be solely chemical in nature. However, in 1947, it was shown (1) that a specific microorganism, called Thiobacillus ferrooxidans, was responsible for acid mine drainage from coal workings. It was demonstrated that under suitable conditions - this bacterium oxidized pyrite and marcosite in the coal to ferric sulfate and sulfuric acid. Numerous studies have subsequently demonstrated that - under suitable conditions - Thiobacillus ferrooxidans can attack most sulfide minerals, producing weak sulfuric acid, oxidizing ferrous to ferric iron and solubilizing other metals present (notably copper and zinc) as their sulfate salts."

Jan 1, 1980

By Louis J. Cabri

"Mineralogical evaluation of ores containing platinum-group elements (PGE) is fraught with difficulties because of the low grades (often 1-3 g/t PGE), dispersal of PGE (usually as finegrained platinum-group minerals [PGM]), as well as occurring in solid solution in some base metal sulphides (BMS) such as pentlandite and pyrrhotite. Mineral processors not only need to know how the PGE are distributed, that is, their mineralogical distribution, but the grain sizes of the PGM, and especially the associated minerals.After obtaining a representative ground sample, common approaches include studying a large number of polished or polished thin sections, concentration of the PGM and sulphides by different gravity methods (e.g., heavy liquids, elutriation, micro-panning) and study of the produced concentrates. Unfortunately, these methods often do not produce concentrations that are sufficiently representative of a particular ore. The newly developed patented technology of hydroseparation (Rudashevsky et al., 2002) is especially effective at making concentrations of PGM over a wide range of concentrations (down to <300 ppb Pt+Pd+Au) and size fractions, including <45µm (down to a few micrometres in size), a size range not possible by other techniques. This water-based environmentally friendly laboratory technique provides a large amount of data from samples, which can range from 5 to 1000g, giving confidence to extrapolation of results to bench-scale and larger test work, especially when combined with quantitative image analysis to determine modal percent of major minerals and mineral liberation data, needed to predict the minimum (K80) and optimum (K40) grinds. INTRODUCTIONThe invention of the electron microprobe in the early 1960’s and scanning electron microscopes (SEM) with energy dispersive spectrometers (EDS) in the 1970’s presented mineralogists with powerful tools permitting them to obtain chemical and surface area data on minute amounts of minerals in situ, in a non-destructive manner. An area of process mineralogy that has very much benefited from this new technology was the characterization and understanding of PGM species, resulting in rapid growth of newly characterized species (Figure 1). Recognition of the first PGM may be ascribed to the Spanish explorer Ulloa in 1748, who described native platinum from South America. The second PGM (laurite, RuS2) was only recognised in 1866 by Wöhler in placer samples from Borneo (now Kalimantan) and the third (sperrylite, PtAs2) by Wells in 1889 from the Sudbury Ni-Cu sulphide deposits. The discovery of the important Pt-Pd deposits in the Bushveld Igneous Complex led to the characterization of the important Pt-Pd sulphides (cooperite, PtS2 in 1928 and braggite, (Pt,Pd)S2 in 1932). By the early 1960’s, only about 20 PGM were recognised, and many later proved to be poorly or incompletely characterized. Thus, the introduction of electron probe microanalysis (EPMA) led to a 50% increase of known PGM, as shown in a 1972 review on PGM (Cabri, 1972). At the time of the next review in 1981 (Cabri, 1981) the number of known PGM had grown to 75 and as of 2002, it had increased to 109 (Cabri, 2002). However, it is the author’s experience that less than about 25 PGM may be considered to be “common”, i.e., found in many different deposit types, as shown in Table 1, but usually only some of these occur in any one particular deposit."

Jan 1, 2004

By Carolyn Kenney, Jianjun Liu, Zhenghe Xu

"The flotation of fine particles has been a challenge to scientists and engineers in mineral processing. A novel concept of reactive oily-bubbles as carrier to float fine particles is described in this paper. The reactive oily bubble flotation is considered attractive for fine particle flotation. In addition to the role of fine particle agglomeration by oily films, the surface properties of air bubbles coated with a thin oil film can be better controlled for the desired selectivity by adding certain types and concentrations of water insoluble collectors into the oil phase. This approach can eliminate the addition of collector to the aqueous phase, avoid undesired synergetic interactions among collectors, activators, depressants and dispersants present in slurry, minimize undesired activation of gangue particles and significantly reduce the amount of collectors needed.The concept of using reactive oily-bubble to achieve selective flotation was demonstrated in contact angle measurement and by microflotation tests with fine sulphide minerals: sphalerite and galena in this paper. The flotation behavior of sulfide minerals can be radically modified with adjustment of solution pH, addition of depressant and activator as in conventional flotation. The successful separation between PbS/SiO2, ZnS/SiO2 and PbS/ZnS was demonstrated using mixed mineral systems. Compared with conventional flotation, the reactive oily-bubble flotation showed a stronger collecting power.INTRODUCTIONThe challenge for fine particle flotation has long been recognized and well documented (Fuerstenau, 1980). Because of drastic changes in surface properties of fine particles and associated physicochemical and hydrodynamic conditions of flotation systems, fine particles responded poorly to the conventional flotation processes. For instance, the small mass and hence low inertia of fine particles would result in a low efficiency of collision and attachment of fine particles with flotation bubbles. Large specific surface area of fine particles, on the other hand, would cause an increased reagent consumption. Dominating colloidal forces of fines may cause slime-coating, accompanying a low selectivity (Somasundaran & Arbiter, 1979; Fuerstenau, 1980; Sivamohan, 1990)."

Jan 1, 2003

By Sabry A. Sabour

Metal price is among the key variables in the open pit optimization and the economic evaluation process. The common approach to handle metal prices in open pit mine planning is to optimize the ultimate pit and the mining schedules using a fixed, flat metal price. In this respect, metal price is assumed to be known with certainty throughout the entire mine life, which in some cases can reach 80 years. Given the volatile nature of metal markets and the metal price cycles, the conventional pit optimization approach may generate sub-optimized mining plans, which results in either extra costs to mining projects or lost revenues, or both. Long-term operational decisions such as future pit expansions, beyond the currently optimized limits, cannot be handled using the pit optimization approach based on flat metal prices. There is a growing interest in the mining industry to model and manage such market uncertainty in the pit optimization as well as the project evaluations in order to maximize the value of mining operations. In this paper, the author will outline a practical approach to optimize the ultimate pit taking into account the volatility and variability of metal markets. The proposed approach uses a combination of the pit optimizer of the commercial MineSight package and a simulation-based economic modeling real options valuation approach employing the least-squares Monte Carlo algorithm. MineSight pit optimizer employs both the floating cone for initial optimization exercise and the standard Lerchs-Grossmann algorithm. In this paper, Lerchs-Grossmann option will be used to generate the pit shells. Real options valuation approach used in this study is based on generating multiple metal price scenarios. Metal price uncertainty is modeled using stochastic metal price models such as the geometric Brownian motion and the mean-reverting process. The mining operational scenarios corresponding to the simulated metal prices are then optimized using the least-square Monte Carlo approach. The objective is to maximize the discounted cash flow value of the project while incorporating the operating flexibility to revise the operating status of the open pit with time as new information becomes available. The focus of this work is on the practicality of the proposed uncertainty-based pit optimization approach and the difference it can make to the technical operational mining decisions. A case study of a hypothetical open pit poly-metallic mine is provided. The deposit contains copper, gold and silver grades. The run of mine ore is sent to the process plant that produces copper concentrate with copper as the main metal and gold and silver as the by-products. Four uncertain variables are considered here include copper, gold, silver prices and foreign exchange rate. Both copper price and exchange rate are modeled using the mean-reverting process while gold and silver prices are modeled using the geometric Brownian motion. The case study is performed using both the conventional flat price pit optimization approach and the proposed uncertainty-based one to compare results.

Aug 1, 2013

By W. E. Halle, G. J. S. Govett

"The Institute of Applied Geology, Manila, Philippines, is jointly sponsored by the University of the Philippines, the Philippines Bureau of Mines and the United Nations Development Programme (Special Fund). It provides, in its fourth year of operation, an interesting example of international cooperation in mineral development. Objectives include: (1) the training of mining engineers in modern techniques of mineral exploration; (2) assisting government and industry in discovering new ore deposits; and (3) providing the basis for the establishment of an economically oriented graduate school of geology at the University, the first of its kind in the country. Training of engineers requires roughly one full year, which is divided between academic study and actual field practice. Lecture and laboratory instruction include courses at university level designed specifically to up-grade those aspects of the geological sciences that are required by mining engineers now qualifying as mineral exploration engineers-economic geology, applied geochemistry, geo-physical exploration, petrology and structural geology. The field training involves direct participation in actual mineral exploration projects arranged with the co-operation of the Bureau of Mines and private interests engaged in mineral development and production. The system works well in practice, and the Institute staff and trainees were responsible for outlining new evidence of economic mineralization. It is also apparent from the application of the exploration methods available to the project -geological mapping, air photo interpretation, magnetic, electric, electromagnetic, self potential and gravity surveying as well as geochemical prospecting -that, under the humid, tropical, mountainous conditions in which the practical program was conducted, air-supported geochemical prospecting with attendant reconnaissance geological mapping affords the most economical and effective approach to mineral exploration for at least some of the deposits characteristic of the region."

Jan 1, 1968