Search Documents

By Andrew Bamber

Between the early 20th Century and the present, the production of mined copper ore has increased from tens of millions of tonnes per annum to several billion tonnes per annum, an unprecedented increase. Contemporaneously, the average grade of mined copper ore has declined from over 2% to approximately 0.5%. Again, in parallel, the price of copper has increased dramatically to reflect the increasing cost of extracting and beneficiating such large amounts of low-grade ore. Within the period the copper price however exhibited several periods of intense volatility, driven by interrelationships between demand and supply, themselves strongly driven by periodic industry developments in the fields of exploration, ore extraction, mineral processing and extractive metallurgy. It is notable that these periods of intense innovation exhibit a strong correlation to preceding periods of price, demand or production volatility. This paper examines key trends in each theme between 1900 and 2018 and draws strong conclusions as to the interrelationship between them. INTRODUCTION The production of copper metal has increased from around half a million tonnes per annum to over fifteen million tonnes per annum over the course of the 20th Century. Contemporaneously, the average grade of copper ore mined has declined from over 2% to approximately 0.5% copper by weight. As a result, the volume of Run-of-Mine (ROM) copper ore required has increased from around ten million tonnes per annum to over a five billion tonnes per annum over the period, an unprecedented increase. The adage is that demand drives supply, that prices rise in times of high demand and/or short supply, and that prices fall when supply catches up with demand. The market sellers in biblical times knew this well; mediaeval market sellers equally. Dutch tulip sellers in the 1600’s experienced both in extremis — much to their dismay — and the great industrialists and early capitalists of the industrial revolution knew this also. Mining recently went through a cycle where investors and producers both believed that the “old” rules did not apply any more and that the industry was in a “supercycle” where prices would continue to rise on the back of increasing demand. However, as the GFC of 2008–2011 showed, this was not to be. Another adage says that we constantly innovate to lower costs of production. Is this true? Do we only innovate to lower cost? Has the true cost of producing copper actually gone down over the century? Or are there other balancing forces at play? Herb Kellogg, in his Centenary address to the American Institute of Mining Engineers (now SME), categorized two types of innovation: ‘Bigger and Better’, and ‘New Process’ (Kellogg, 1970). ‘Bigger and Better’ allows increased production at presumably lower cost; ‘New Process’ supports the same result at presumably the same scale, but at significantly enhanced efficiencies and (therefore) lower cost. It is suggested that both types of innovation are constantly and interchangeably required to achieve the kind of scale-up, at achievable operating and capital cost that the industry has achieved over the period. What can be shown, over this last Century and a bit, is that supply and demand are indeed inextricably linked, price and demand are linked, but so are price and cost of production. And the innovation required to sustain that weaves in between them all, cost-effectively increasing production capacity or lowering the cost of production at the same throughput, and sometimes both.

Jan 1, 2019

By D. E. Traut

A fluidized countercurrent ion-exchange system was developed, operated, and evaluated by the U.S. Department of the Interior, Bureau of Mines. The system consisted of integrated multiple-compartment absorption and elution columns in which the solution flows were continuous except for short periods when resin increments were withdrawn. The exchange of uranyl carbonate between a simulated in situ uranium leach liquor and a strong-base ion-exchange resin together with the subsequent elution with an ammonium chloride solution was studied. The effects of the number of sections, section height, amount of resin withdrawal, solution flow rate, and column diameter were investigated. The kinetic and equilibrium relationships for the absorption and elution steps were also examined. The experimental data indicate a strong interdependence between variables. Solution retention time appears to be a major limiting variable in the absorption process, while resin residence time is the determining factor in the elution process. The column was efficient over a range of conditions, but close control was needed for optimum operation.

Jan 1, 1978

By D. Bitzios, A. Gracia, V. Meggiolaro, J. D. Baker

Synthesis report on a project carried out under the EC-funded BRITE-EURAM programme. A large deposit in Spain and several smaller ones in Greece and Sweden were investigated. Beneficiation testwork, including the development of an innovative wet circuit, was undertaken in Italy. The Spanish Ilustracion deposit lies occurs in thin, white layers throughout a zone 35-40 m thick and 1.5 km long, in laminated calcsilicates. Total resources of more than 100 000 000 t include proven open-pittable reserves of 4 500 000 t averaging 35% wollastonite. The beneficiated product is suitable for various applications, including ceramics. The Swedish and Greek marble-hosted skarn deposits include Albatross, with 2 500 000 t of reserves at 30% wollastonite, and Panorama, with reserves estimated at more than 700 000 t

Jun 21, 1905

By P. H. Williams, D. J. Morris

The co-disposal of coarse and fine coal wastes by combined pumping through a pipeline to subaerial deposition was pioneered in Australia in 1990 by Jeebropilly colliery in Queensland. Significant segregation of fines is found to occur in its co-disposal delta, leading to the formation of distinct mainly coarse upper and fine-dominated lower segments; the upper delta drains rapidly and is able to support traffic on its surface immediately after deposition. An existing theory of subaerial deposition, originally developed for mine tailings alone and later extended to trial co-disposal, is shown to apply also to the upper segment of the full-scale Jeebropilly delta

Jun 19, 1905

By J. A. Kosek

Work has been carried out under Bureau of Mines Contract No. HO395132 to develop and fabricate gas sensors for mining applications. Promising new instruments have been designed, developed, tested and supplied to meet BuMines requirements. These instruments include prototype 1) remote-sensing, diffusion-type CO monitors for mine operation which can be operated in conjunction with a surface computer, 2) control modules for alternate in-mine readout of the remote diffusion type CO monitors, 3) personal CO diffusion-type dosimeters and 4) personal NO diffusion-type dosimeters. In addition, retrofit modifications were made to update and optimize operation of CO and NO2 direct-reading type detectors provided under a previous contract. Studies were conducted to evaluate and demonstrate the availability of stable, portable N02 calibration sources for NO2 instrumentation. The use of selected, commercially available cylinder sources for NO2 instrument calibration were recommended. Additional studies were also conducted to investigate the feasibility of instrumentation for rapidly monitoring CO, NO and NO2 in diesel exhaust.

Jan 1, 1981

By H M. Ahmed, W S. Dunbar

Construction of cave mining systems requires significant capital expenditure and long-term commitment of human, equipment and material resources before production commences. Risks and uncertainties of these large-scale mining projects are significantly higher than for small-scale projects. This is due to the complexity and interactions of the construction schedule components and the large scale and uniqueness of such projects. One way to successfully manage construction uncertainties that would lead to schedule delays is to include a reasonable cost contingency in the budget estimation. A real options approach based on the least-squares Monte Carlo (LSM) method is used to estimate cost contingency associated with schedule uncertainty in mass mining projects. Cost contingency is estimated as the cost of potential project crashing (acceleration) decisions, which pays for not extending the schedule. While such a significant undertaking is expected to be subject to some delays, these can have an enormous impact on the economic value of such projects. The value of the crashing option was explicitly formalised into the process of valuation, as it is assumed to be a single option being considered in the valuation at every decision point prior to the construction completion date. As a part of the proposed method, a stochastic function for the percentage of remaining scope of work for the remaining duration of the entire project was integrated into a framework of numerical simulations. This ensured that this function can implicitly account for sources of schedule uncertainties for projects represented by multiple and overlapping work packages. The LSM method was applied to a real case scenario in an operating block cave mine, with modified scale and features. The results yielded by the LSM method indicated that significant changes in capital budget allocation stem from variation in a contractor’s risk perception and confidence level of estimated delays.CITATION:Ahmed, H M and Dunbar, W S, 2016. Budget estimation and contingency allocation of block cave construction using least-squares Monte Carlo real options, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 801–808 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By Pierre Beaudoin

"This paper deals with the repairs made on two damaged mills. It investigates briefly the causes of the damage, explain its nature and the design of the repair. It explains the detrimental effect on operation and the solutions implemented to reduce them. Finally, to review the follow-up required for such repairs. LOCATIONThe Holt McDermott Mine is located 75 kilometers Northeast of Kirkland Lake and 30 kilometres west of the Quebec border in Northeastern Ontario. The town of Kirkland Lake is located approximately 500 kilometres north of Toronto. HISTORYThe discovery of gold in Holloway Township dates back to early 1920. In 1984 Barrick Resources, which amalgamated with Camflo Mines, acquired more claims on the property and initiated an extensive drilling program. By 1985, the drills indicated reserve increased to 2,500,000 tonnes grading 6.8 g/mt. In 1986 a production decision was made and in 1988 the mine was officially opened.As of December 31, 1998, 4,691,507 tonnes grading 5,66 g/tonnes have been milled from 4 ore-bodies. The mill started up in June 1988."

Jan 1, 2001

This is the seventh in a series of reports on properties of commercial motor fuels, made in accordance with a cooperative agreement between the Cooperative Fuel Research (C.F.R.) Committee and the Bureau of Mines of the United States Department of the Interior. The first report gave data on motor gasolines sold during the winter of 1.935-36.3/ The present report covering 1,87 samples represents the products of 83 companies plus those from the Pacific coast, which were averaged by the Pacific Coast Technical Group before being submitted and are published exactly as they were submitted. For the regular grade 985 samples consisting of 73 different brands are averaged. The premium grade consists of 489 samples of 40 different brands. The third grade has 401 samples averaged from 51 different brands. In this report the districts have been reduced to 21 by combining North and South Texas into one district. El Paso samples are reported with the South Rocky Mountain district, and. Amarillo, Tex., has teen included with the Middle Rocker Mountain district. In the present survey samples from Fort Smith, Ark., have been included in the Tulsa area, Indianapolis has been included in the St. Louis district. Cleveland represents the State of Ohio. Samples from Little Rock, Ark., and North Carolina have been included in the Memphis district. The Pittsburgh district includes samples only from this State and Wheeling, W. Va. The actual sampling points in each area are indicated on table 1.

Jan 1, 1939

By N. A. C. Smith

The Bureau of Mines motor gasoline surveys have been conducted in January and July, during 1920 and 1921. The Bureau has obtained and analyzed samples of gasoline representative of that marketed in the larger cities. These surveys have indicated that the gasoline on the market during the winter months is more volatile than that sold during the summer months. Naturally, the motorist desires a more volatile gasoline in the cold winter months, as it affords greater ease in starting. The fourth semi-annual motor gasoline survey, conducted during the month of July, shows an interesting relation between the market price and the quality of motor gasoline. This is particularly evident if figures obtained today are compared with those of a year ago. At the time the Bureau of Mines conducted its summer survey of motor gasoline last year, the average tank wagon price of gasoline was 28.2 cents per gallon. This year it was 21.2 cents, a drop of practically 25%.

Jan 1, 1921

The Macraes Mining Company Limited was listed on the New Zealand and Australian stock exchanges in January 1990, and the proceeds of the float were used to purchase a 70 per cent interest in the Macraes Gold Project, previously owned by BHP Gold Mines (NZ) Limited. Macraes Mining has had a 30 per cent interest in the project since May 1984, when it was incorporated. Project financing in the way of a gold loan was secured in February 1990 and construction commenced shortly afterwards. The mine construction activities were completed within nine months and the mine commenced operations in October 1990.

Jan 1, 1991

By D. J. Dollhopf

The objective of this five year study was to investigate the means of establishing non-polluted ground-water and root zone systems in areas where surface mining intercepts physiochemically unsuitable overburden materials. Overburden may need to be sampled on a 60 m grid in order to delineate materials unsuitable for reclamation and to accurately implement selective handling operations. Unsuitable overburden materials were buried successfully in a dragline operation with a minimum of delays, but costs were increased 12 to 53%. After three years the buried material remains above the reestablished aquifer and below the root zone. Construction of a clay cap over the buried material may not be required in semiarid environments. It was shown that some unsuitable overburden materials do not have to be special handled. When inhibitory material constituted <5% of the total overburden volume, such material was essentially not detectable in the resultant spoil pile due to mixing/dilution processes. When inhibitory material exceeded 15% of the overburden volume it was always found in the resultant spoil pile, generally with a smaller extent, indicating partial dilution. At least a portion of the postmine aquifer had hydraulic conductivity rates lower than the premine system, indicating the reestablished aquifer may, in part, conduct ground water very slowly. Postmine ground-water chemical quality in spoil materials had poorer quality compared to premine ground water.

Jan 1, 1981

By Ulises Crossa Archiopoli

We describe a technique that allows rapid imaging of the thermal diffusivity of the sample by a modified photo-thermal technique. The thermal diffusivity in hardened steels strongly correlates to the hardness. Hence in a noncontact manner and with optical microscope resolution, a 2D map exhibiting the crystallographic phases and hardness of the sample can be retrieved. Two almost collinear laser beams scan the surface, one as a modulated pump and a second as a CW probe. The deflection of the probe carries information on the thermal expansion of the sample and with it, on the thermal diffusivity. It is shown that a single determination of the time delay of the modulation of the probe beam can be used to retrieve the thermal diffusivity.

Jan 1, 2010

By Paul Worsey, Dave McCool, Ryan Freeman, Chris Wolters, Rick Hines, John Bowles

Carroll Cave, located in Camden County, in south central Missouri, is one of the most significant caves in Missouri with over 12 miles of mapped passages and over 100 known but unmapped side passages. In the early 1990’s there was a breakdown of the originally excellent landowner/caver relations as the ownership of the only known entrance moved to a new generation and grottos squabbled for control. Subsequently the current owner of the natural cave entrance refused to grant anyone permission to enter.

Jan 1, 2003

By Zhiyun Li

Room temperature infrared reflection spectra of 2 n-type homo-epitaxial epifilms have been measured in the work. The effect of the refractive index on the determination of layer thickness using traditional calculation measurement is studied and some improvements have been added to the measurement to improve the accuracy and stability of the measured results. Results of the improved method have great agreement with the results from SEM and both variance and mean relative error decrease an order of magnitude.

Jan 1, 2010

By M. G. Zabetakis

This publication describes an investigation conducted by the Federal Bureau of Mines regarding the cause of an explosion of a dephlegmator or fractionating column at the Cities Service Oil Company Refinery, Ponca City, Okla., January 22, 1959. The column was that used with the refinery&apos;s No.1 Dubbs Coker. The explosion caused the death of an employee of the refinery and resulted in extensive damage to the refinery and to nearby property. The Bureau&apos;s study of the explosion began January 26.

Jan 1, 1960

By M. W. Grabinsky, M. S. Diederichs, E. Hoek

Provided that they are used correctly, numerical models can be of considerable assistance to mining engineers in designing underground excavations. Guidance is given to the engineer or geologist who is not a specialist in numerical analysis but who is interested in using numerical modelling tools or in employing someone to analyse the stresses, displacements and failure in the rock surrounding underground excavations. A description of the theoretical background to a number of these numerical models and discussion of the advantages and disadvantages of each are followed by guidelines on the selection of appropriate models for each stage in the development of a mine, from exploration to the completion of mining

Jan 1, 1991

By Martin Murenbeeld

Outlook: Nine Bullish Arguments 1. Global fiscal and monetary reflation: PIIGS, US, etc. 2. Global imbalances: the dollar must decline 3. Global FX reserves are ?excessive?: diversification 4. Central bank attitudes to gold: now positive 5. Gold is not in a bubble: room to rise 6. Mine supply is flat: ?peak? gold? 7. Investment demand: long-run uptrend 8. Commodity price cycle: many years to run 9. Geopolitical environment: positive

May 1, 2010

By H. Aykul

The choice of which mining method to use at many large surface coal mines is often dicated by what machinery is available or what experience the mine management can offer. One of the most significant surface coal mines in Turkey is owned and operated by the Turkish National Coal Board, located to the west of the city of Kütahya. The Seyitömer Lignite Enterprise (SLE) extracts low quality coal, the majority of which is supplied to an adjacent power station. The coal seems at SLE contain bands of ash which under normal mining conditions are extracted with the coal. This increases the ash content of the run of mine coal and results in lower efficiency at the power station and financial penalties for SLE. In this paper, therefore, selection of the best possible equipment and production method was identified to achieve high selective mining at SLE. The research found that two different high selective mining methods were suitable for selective excavation of the B3 seam, which were hydraulic excavator and truck and surface miner and truck combinations. It was also found that high selective excavation could provide the desired coal quality at 52% lower costs when the whole process (excavation, transportation, processing, etc.) was considered. Keywords: coal mining, surface mining, selective mining.

Jan 1, 2007

By M K. de Brodtkorb

Late Cenozoic ore deposits æPrecious and base metal-richÆ and æSn-Ag-polymetallicÆ ofNorthern Puna are associated either with Middle Miocene dacitic volcanic-dome complexes or with Upper Miocene dacitic-andesitic volcanic centres. &nbsp; Ore mineralogies and their related volcanism are discussed. A strong link is observed between the Cenozoic Metallogenetic Province of Northern Puna and the Southern Bolivia Tin and polymetallic provinces. &nbsp;

Jan 1, 1995

By Paul J. Cascone

This paper will discuss the science behind the development of a unique gold alloy for dental prosthetic applications. The alloy (GOLDTECH BIO2000) contains 99.7% gold providing unquestioned biocompatibility and unsurpassed esthetics. The topics discussed are: (1) How the alloy meets the functional requirements of a porcelain-fused-to-metal dental alloy. (2) How the alloy color affects the esthetics of the restoration and why the color of gold is best. (3) Overcoming the intrinsic malleability of gold when grinding the alloy surface. (4) Preventing the oxide color from interfering with the alloy esthetics. (5) Attaining excellent porcelain adhesion. (6) How the design of the restoration allows for the production of single and multiple unit restorations. Gold 2003

Oct 1, 2003