Search Documents

By Lawrence Devon Smith

"This paper examines the impact of the various assumptions that go into an economic evaluation, and shows how these can be combined to show an exciting result that may not really exist. An example of an embellished case (the kind that one frequently sees when projects are being promoted) is developed and the cumulative impact is analysed to show the actual project underneath. The paper also points out some areas to watch for overly optimistic assumptions such as prices, inflation, and debt. The concept of a ""bare bones"" base case is proposed (constant metal prices, constant dollars, no inflation, no debt, no interest, on a project basis, after tax) as a common reference point.As well, the discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.INTRODUCTIONOften, the first time that all of the technical and economic data for a mineral project comes together in one place is when the economic evaluation is developed. This typically happens when work on the project has progressed to a sufficient level of detail that the effort to produce a year-by-year cash flow is justified, usually at the pre-feasibility or feasibility study stage. The data involved will include:• production; tonnes waste and ore mined, ore grade, mining recovery, metallurgical recovery, metal sold• revenue; metal price, smelting & refining charges, marketing costs• operating Costs; mining, milling, administration, fees, royalties• capital Costs; exploration, development, construction, indirect costs (engineering, management), contingencies, start-up, inventories, working capital, replacement and sustaining capital, closure costs• taxes and royalties• exclusions; depreciation (this is not a cash item), sunk costs (only costs going forward)."

Jan 1, 2003

By Jon Errey, Aleksandar Petrovic, Karl Haase

"Developing a gold deposit of this magnitude in the Amazonian jungle of Guyana posed many challenges. This paper describes not only the process & logistical challenges arising from the remote mine site location in a tropical environment with a local industry unaccustomed to recent large scale gold mining operations, but also the innovative technical solutions employed to address the unique ore body characteristics. The best examples of this approach were dealing with the initial high clay content saprolite ore from the development phase and primary mining pits whilst ensuring that the design also implemented the right method to deal with the future fresh rock in an environmentally sensitive habitat. In order to do this separate individual crushing flowsheets were generated, focusing on the specific material handling equipment that would be suitable to handle these various types of material and ensure high recoveries were maintained.INTRODUCTIONAurora gold mine is located in forested region of Guyana, 170 km west of capital Georgetown, and 130 km West North-West of Bartica, a settlement at the junction of the Essequibo and Cuyuni Rivers.The Aurora gold project (Aurora) is a 5,000 tonne per day open-pit/underground operation, which will produce a total of 3.29 million oz. gold – averaging 194,000 oz. per year – over an initial 17 year mine life. At the final investment decision in 2014 Aurora had a total resource of 6.54 million ounces in the measured and indicated categories (62.83 million tonnes at 3.24 g/t Au) as well as additional 1.82 million ounces in the inferred category (16.93 million tonnes at 3.34 g/t Au)."

Jan 1, 2016

By K. Oishi

We have developed a 76Cu-3Si-21Zn alloy "ECOBRASS®" containing no lead. When 3% Si is added to a 78Cu-22Zn alloy, kappa and gamma phases participate uniformly in the alpha matrix. When being machined, stress concentrates on these hard phases, namely kappa and gamma, and thereby lowering the required cutting force and yielding segmentalized chips without lubricant. Kappa and gamma phases transform into beta phase under high temperature, which makes it easier to extrude and/or forge the alloy. When 0.08% P and 50 ppm Zr are co-added, the grains of ECOBRASS® castings are refined significantly to become as small as several dozens of micrometers. The grain refinement by the co-addition of P and Zr improves castability, tensile strength and elongation of ECOBRASS® castings. Meanwhile, the lead leachate from an ECOBRASS® water meter, field-tested in pH 6.8 drinking water for one year, was less than 5 ppb without correction. No indication of dezincification corrosion was observed, either. ECOBRASS® is equally suitable for rods, forgings and castings, and makes it possible to produce a complete set of plumbing parts (valves, faucets, etc.) by its own. This way, not only improving recyclability, ECOBRASS® also realizes size and weight reduction due to its good corrosion resistance and high strength.

Jan 1, 2007

By Jonathan Matthews

Efficient and effective management of mine tailings is essential for continued successful development of Alberta?s vast oil sands resources. Syncrude Canada Ltd. continues to research novel tailings management techniques in an effort to improve production efficiency and environmental sustainability. During the summer months of 2001, Syncrude Canada Ltd., in collaboration with members of the Canadian Oil Sands Network for Research and Development (CONRAD), conducted field-scale trials of thickened tailings technology at Syncrude?s Aurora mine, north of Fort McMurray, Alberta. This paper provides an overview of the test program including discussion of objectives, test configuration, and program observations. 0Data collected during the field trial indicate that substantial swings in feed slurry composition challenge effective thickener operation. When coarse mineral solids dominated slurry composition, thickener rake torque rose to unmanageable levels. It was determined that the end-of-pipe depositional characteristics of thickened oil sands slurry were generally consistent with present understanding of oil sands tailings slurries. After shear, thickener underflow product exhibited very shallow beach angles and a limited capacity to keep coarser particles in suspension indicating that stacking of ?paste-like? thickener underflow product from a conventional thickener is not practical in an oil sands setting unless process adjustments can be made to increase the underflow density and/or preserve the initial high yield stress of the underflow during transport and deposition. These technical challenges notwithstanding, Thickened Tailings technology offers considerable promise for recovery of warm water from oil sands process tailings.

May 1, 2003

By P. Cicmanec

Mining activities in the territory of Slovakia have a long history. Mining techniques have developed rapidly in the last centuries. This paper deals not only with mining history, but also with underground brown coal mining, magnesite mining and other mining activities at present and sustainable developments of the mining industry in the Slovak Republic. This paper looks forward in the context of mineral raw materials in Europe (Global Europe, 2012).

Aug 1, 2013

By J M. Gibbs

Craigmont Mines Limited mine 50,000 tons of ore and waste per day from the open pit at Merritt, British Columbia. An electric-powered "down-the-hole" drill, a diesel-powered rotary drill and two electric-powered rotary drills have been used. All primary drilling, as a result of cost and operating experience, is now performed with two electric-powered rotary drills. Trials with various loading techniques have increased the amount of AN-FO and decreased the amount of commercially prepared slurries used for primary blasting. Approximately 95 per cent of the primary blasting is accomplished with AN -FO, mixed at the hole. Introduction THE Craigmont mine is located near the village of Merritt, B.C., 240 miles northeast of Vancouver. The concentrator has been in production since September of 1961. Craigmont is a combined open-pit and underground operation. To date, slightly more than 95 per cent of the mill feed has been mined from the open pit. As underground development proceeds, the ore requirements from the open pit will decrease. The average milling rate from September, 1961, to April, 1964, was approximately 4,900 tons per day.

Jan 1, 1965

By Afshin Sadri, Wai Lai Ying, Brycklin Wilson, Zoe Coull

"Although there have been great steps forward to integrate corrosion engineering into operations, there is still an underlying tendency for maintenance tasks to be performed in a reactive manner. This is especially true when strategies focus on lagging indicators such as visual inspections, RCA (root-cause analysis), and FMECA (failure mode, effects and criticality analysis). This trend to “reactive maintenance” can be avoided by utilizing more inspection and monitoring methods to identify leading indicators of failures. Prevention is generally less costly than repairs; moreover, when paired with appropriate monitoring techniques, intervention of corrosion protection can be more effectively timed and based on more accurate data. Hatch asset reliability studies show nearly 80% of defects are introduced through operations and maintenance. Therefore, proactive corrosion management can provide the necessary feedback to optimize operations and maintenance strategies preventing costly corrosion losses. Understanding corrosion risks gives a clear picture of the benefits of a proactive approach to asset performance. Monitoring techniques (Non-Destructive Testing, field testing, sampling, etc.) by nature are a more effective means of improving maintenance efforts and preventing corrosion losses than other methods (RCA, FMECA). This paper will outline the importance of proactive corrosion management and demonstrate its benefits through industry examples.INTRODUCTION Over the past few decades, with the growth of technology and awareness of sustainable development many studies have shown the benefits of a proactive approach to maintenance strategies. However, in practice there is still an underlying tendency for maintenance tasks to be performed in a “reactive manner”. This is especially true when strategies focus on lagging indicators such as visual inspections, RCA (root-cause analysis), and FMECA (failure mode, effects and criticality analysis). This trend to “reactive maintenance” can be avoided by utilizing more inspection and monitoring methods to identify defects and leading indicators to failures."

Jan 1, 2017

By J. Shibata, N. Murayama

"Rare earth elements are present in more than 100 minerals, of which monazite, bastnaesite and xenotime are typical. Rare earth elements have excellent chemical and physical properties for industrial use in functional materials such as phosphors, magnets, electronic components, abrasives and catalysts. China produces more than 90 % of the world’s rare earths, and Chinese trends significantly influence the demand and price of rare earths. From the viewpoint of resource securement, it is desirable to separate and recover rare earth elements from low-grade resources and wastes. Phosphate gypsum, which is a by-product of wet phosphoric acid manufacturing, contains low concentrations of rare earth elements. In this research, the separation and recovery of rare earth elements from phosphate gypsum were investigated. A series of recovery methods including washing of phosphate gypsum, leaching of the rare earth elements with sulfuric acid, adsorption and desorption of rare earth elements by using ion-exchange resin, and precipitation of rare earth oxalates were carried out. The separation of rare earth elements from Ca2+ simultaneously leached from phosphate gypsum was also investigated."

Jan 1, 2014

By J. J. Laffin

In the pursuit of comfort and safety, the wonders of science have given us controlled heating and cooling, thus enabling us to enjoy all the aspects of present-day living to an extreme never previously •envisaged. Man's attempt to conquer the elements largely involves con-trolling the temperature around him. Without having conquered this aspect, his body energy would be consumed in trying to maintain physical comfort, rather than being invested in the explorations which have resulted in man's control over the forces of nature. The indirect methods used to obtain the most agreeable temperature environment were developed because of the natural tendency to strive for increased safety, convenience and comfort. Until the twentieth century, when heat generated by atomic fission became a reality, man's only source of heat, except for that of the sun, came from his discovery of fire.

Jan 1, 1962

By N. T. Avard

THE Joggins coal field, Cumberland county, Nova Scotia, is on the easterly side of Chignecto bay, at the head of the bay of Fundy. In area, so far as proven, the field extends easterly from the town of Joggins about fifteen miles to Chignecto. The distance across the outcrops of the several seams exposed is approximately one mile. HISTORY Early records of coal mining in this locality are somewhat obscure, but it is known that prior to 1750 the French settlers were mining coal for their own use from the seams which outcrop in the floor of the bay adjacent to the shore, where, at low tide, the reefs are bared for a mile or more. Coal was also mined from the seams outcropping in the cliffs. It is known, too, that at Joggins coal has been mined commercially for over one hundred years. At first, all shipments were made by water, but in 1882 a railway connecting with the Intercolonial railway at Maccan was built to serve this field. GEOLOGY Due to the abundance of fossils in the strata forming the Joggins cliffs, this area was for many years a mecca for geological students from all over this continent. A 'sunken fcrest' in the shoreline was of particular interest but, due to constant erosion by the sea, this has apparently been all washed away. On the Joggins shore, the cliffs stand sixty to one hundred feet high, and six workable coal seams, with numerous smaller ones, are there exposed. Others outcrop in the reefs extending from the shore toward the bed of the bay. In working underground, fossilized trees are often found immediately overlying a coal seam, and standing at right angles to the pitch of the seam. This is said to be an unusual condition. In most cases, the bark of the tree is a fine-quality coal, with high carbon content, whereas the pulp has turned to 'stone'. There is a definite tendency for the coal to run out, or turn to shale. One seam, workable two miles from the shore, has almost completely disappeared in the outcrop at the shoreline. ? It was thought that a large area could be mined under the bay from an opening near the shore, but the first submarine level had to be abandoned at a distance of 4,000 feet, where the coal became very dirty and shaly, and the mine able area to the westward became more restricted as the mine was developed to the deep. This tendency is common to all seams.

Jan 1, 1944

By J. O'Leary, R. Cannell, D. Honsberger

"The Scully Mine deposit lies within the group of metasediments that together comprise the rocks of the Labrador Trough. The ore itself still retains the bedding characteristics of the parent rocks and on this basis has been divided into three main members, namely: Upper, Middle and Lower. The Upper and Lower both show many of the bedding characteristics of the cherty taconites of the northern U.S.A.; the Middle member is a coarse-grained friable specularite rock. The ore minerals are hematite (normally present in the specular variety) and magnetite, although the latter rarely occurs in concentrations greater than 20 per cent. Gangue minerals are quartz and the hydrated iron oxides. Manganese oxides also occur as accessory minerals. The outcrop area of the orebody is in excess of 2 square miles, displaying a complex pattern of faulting and folding, which has been formed as a result of at least two orogenic periods."

Jan 1, 1972

By Hans D. Gougar

To meet an increasing demand for minerals, mining operations are moving to ever more remote regions. The lack of a local energy supply and infrastructure, coupled with social and regulatory demands for lowered environmental impact of mining operations, presents an opportunity for a seemingly unlikely competitor ? a nuclear power plant. The Modular Pebble Bed Reactor concept, currently in various stages of research and development around the world, offers a high degree of reliability and safety with minimal consequences for the local or global environment. The passive safety features of this design eliminate the need for the extensive active safety systems that add significantly to the cost of current water-cooled reactors. With the MPBR, as with all nuclear plants, there are no appreciable quantities of waste products released to the environment during normal operations. In contrast with conventional reactor designs, the MPBR would also remain radiologically safe even under the most severe abnormal circumstances. The key to the design is the fuel element. Enriched uranium microspheres are coated with various layers of pyrolytic carbons and silicon carbide to form a highly-temperature resistant particle that effectively retains all fission products. These particles are mixed with graphite and formed into 6 cm pebbles. A randomly packed vessel of such pebbles forms the reactor core through which helium is circulated as a coolant. Computer models and tests performed on actual pebble bed reactors confirm that fuel failure temperatures are not reached even during the most severe conceivable loss of coolant accident. The reactor drives a gas turbine cycle with resulting efficiencies as high as 48%, comparable to natural gas-fired units. The low price of uranium fuel and low maintenance requirements translates into competitive operating costs. However, high capital costs prevent the MPBR from competing with natural gas in most markets. In remote applications where no fossil supplies are readily available, the playing field is more level. This paper summarizes the features of two of the more promising candidates for remote applications and discusses the strengths of the MPBR from the perspectives of fuel supply and environmental impact.

May 1, 2002

By Andrew J. Troop

"VAUGHAN THOMPSON designed the Thompson retrievable diamond drill wedge and reaming assembly in 1948. Since 1950, the Hudson Bay Exploration and Development Company, Limited has used the method extensively. The wedge, setting tool, and reamer have been modified slightly since they were first introduced. In 1951, Mr. Thompson designed the Thompson arc cutter. The purpose of this tool is to decrease effectively the diameter of the arc cut, using standard drilling tools. This directional drilling device is usually employed when a branch hole is desired. The Thompson arc cutter has been used with success at Birch Lake, Saskatchewan, at the property of Cuprus Mines, Limited, Manitoba, and at Thompson Lake, Manitoba.UsesThe Thompson retrievable wedge provides a simple method for:(1) Re-drilling lost core sections(2) Re-sampling sections of old holes(3) By-passing lost tools Correcting the direction of a hole(4) Drilling a branch hole to obtain intersections at a higher elevation than the original holePrevious to the spring of 1951, the wedge was used only for the first four of these purposes. Recently it has been employed extensively for drilling branch holes."

Jan 1, 1953

By T. G. Ewart

INTRODUCTION FOR THE purpose of this paper, western bituminous coal is defined as steam coal produced in Alberta and southeastern British Columbia for sale primarily to railways and industries. Before examining present and future markets of this industry, it is proper to review briefly financial and operating conditions within the industry. The report of the Royal Commission on Coal, 1946, supplies financial data from which some conclusions may be drawn. In 1944, the industry as defined above had share capital of $24,886,696. In the fifteen years 1930 to 1944, inclusive, the industry produced: 44,364,211 tons of coal. The profit on this tonnage amounted to $4,678,382.58, which represented 10.6 cents per ton of production. Miscellaneous earnings increased the amount available for dividends to shareholders to a total of $8,487,952.41, which is equal to, 19.1 cents per ton of production. Dividends actually paid in this fifteen-year period amounted to $12,332,040.64, which represented an annual average rate of 3.40 per cent on share capital. It is worthy of note that, in 1944, the net current position of the industry, including investments, was $8,753,874.51. The writer believes that the financial position of the industry with respect to capital, current financial position, and net earnings, has not significantly changed from the fifteen-year period out-lined above. The figures quoted indicate the following situation: (1) The western bituminous coal industry is adequately financed. (2) The industry has followed a conservative dividend policy and has accrued funds for contingencies. (3) The industry has sold its production at very reasonable prices as evidenced by its moderate earnings per ton of production.

Jan 1, 1951

MR. J. F. MYERS, Consulting J3eneficiation Engineer, Greenwich, Conn.: In the written discussion contributed by Mr. F. C. Bond in item ( 2) (page 515), speaiking about the significance of the ratio of mill diameter to the make-up ball diameter, he states: "When this ratio exceeds 100 the power and capacity of the mill are de-creased"; and the paragraph ends with a reference to the 30 per cent ball volume "with some de-crease in mill capacity". I believe this broad statement is incorrect. When we are dealing with a non-cataracting mill, pre-ceded by a good rod mill, there is a slight increase in capacity, but the power does drop. The second point that I consider needs consideration is Mr. Bond's item (8), Proper Mill Speed (page 516). This paragraph should be qualified to cover single-stage mills only. It does not apply where a rod mill is followed by a non-cataracting ball mill. The statement as is, with no qualification, gives an erroneous idea of proper mill speeds.

Jan 1, 1957

By Matt Manson

Diamonds in Canada: Recent Advances in Exploration Methodology and Advanced Stage Assessment 1. Exploration Methodologies ? Prospectivity Mapping ? Surficial Geochemistry ? Geophysics 2. Advanced Stage Assessment ? Petrology and Diamond Paragenesis ? Micro/Macro ratios and Macro grades ? Value Sampling and Modeling

Apr 1, 2005

By R. C. Wallace

Introduction At a time when the mineral-bearing areas in Manitoba are being fi very keenly explored because of the major developments which are now taking place in that Province, it may be timely to give an analysis of the mineralization in the two major types of deposits, with a view particularly to assist in the intensive prospecting to which the mineral-bearing areas in the Province are now to be subjected. As is already well known, there are two principal types of mineral deposits in the territory- copper-zinc and gold; and attention will be confined almost exclusively in this paper to these two types, with some indication of such modifications of the main types as may be found to be of economic value. The details of the paper are drawn from what is yet a small part of the area of the Province available for prospecting. Enough is now known of the types of mineral deposits which are described in the following pages to justify the expectation that these types may serve as criteria in the search in the newer districts. Doubtless new types will also be found as investigations proceed.

Jan 1, 1928

By Jan W. Merks

The objective of metrology in mineral exploration is to derive unbiased confidence limits for masses of metals contained in reserves and resources. Sets of test results for gold and silver determined in pairs of interleaved bulk samples give unbiased confidence limits for the central value of each metal. The same sets of test results show how to verify spatial dependence by applying Fisher?s F-test to the variance of a set and the first variance term of the ordered set. A significant degree of spatial dependence gives a higher degree of precision for the central values of gold and silver. Plotting variance terms of an ordered set against the variance of the set and its lower limits of asymmetric 99% and 95% confidence ranges gives a sampling variogram. Sampling variograms put in plain view where spatial dependence in sampling units or sample spaces dissipates into randomness. The application of statistical methods to test results for sets of ordered core samples within boreholes, and for sets of ordered ore volumes within profiles, plays an important role in defining reserves and resources.

Oct 1, 2009

By Leon J. Perrier

The paper describes the equipment in use, haulage grades, road conditions, tire sizes, tire performance and related problems. Various types of failures and causes, corrective action taken, tire records and reporting for control are also discussed.

Jan 1, 1977

By Alireza Golabchi

The AEC (Architecture, Engineering, Construction) industry is an information intensive industry and all related processes employed during different phases of a project, including planning, designing, building, manufacturing, occupying, and maintenance, involve vast amounts of data that is used for a wide variety of purposes. Building Information Modeling (BIM) is a powerful shared knowledge resource which stores this data to support decision making about a facility through all these different phases in its life cycle. Nowadays, BIM is mostly used in the design and construction phases while it can also be highly beneficial beyond those stages. For example, in the Operation and Maintenance (O&M) phase, BIM could be used for automated facilities management or robotic inspection to provide semantic knowledge for navigation. For any implementation not related to the original intent of the BIM (design), organizations need to be able to represent their project data in a common interpretable form, which provides the possibility of an accurate exchange of data among different software products and platforms, known as interoperability. This study has investigated the current state of interoperability between software products used as Building Information Modeling tools. The main focus has been on a popularly used format for BIM models, Industry Foundation Classes (IFC), since it has been specifically developed to enable standardized data exchange. The research methodology involved a comprehensive literature review and the gathering of all fragmented prior research related to the field in order to develop a consistent understanding of the current state of knowledge. This was accompanied with a detailed case study that evaluated and compared two dominant pieces of BIM software, Revit and Bentley, and examined their interoperability strengths and weaknesses while using the IFC format.

Aug 1, 2013