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By George H. K. Schenck

The investment analysis methods that are most generally accepted in the mineral industries in the mid-80's are presented along with their advantages and disadvantages. Also covered are current widely-used practices for introducing the uncertain nature of most of the important variables in an investment analysis, which is contrasted to the former dominance of deterministic analysis. Finally, the discussion turns to current practice for handling the two critical areas: cost of capital and inflation. The advice contained is reinforced with data from a survey of current practices in the petroleum industry.

Jan 1, 1985

Nov. 4, 1952, AIME, Morenci Sub-section, Longfellow Inn, Morenci, Ariz. Nov. 5, AIME, Chicago Section, Chicago Bar Assn., Chicago. Nov. 8-8, New Mexico Mining Assn. and International Mining Days, joint convention, Alvarado Hotel, El Paso. Nov. 7, AIME, Pittsburgh Section, National Open Hearth Steel Committee, off-the-record meeting, Hotel William Penn, Pittsburgh. Nov. 7-8, Birmingham Technical Meeting of Southeast Section, AIME, Birmingham. Nov. 10-11, Eighth Annual Meeting of The Magnesium Assn., Hotel Biltmore, New York City. Nov. 12, AIME. Connecticut Section, Hartford, Conn. Nov. 18, AIME, Buffalo Section, National Open Hearth Steel Committee, Hotel Statler. Buffalo. Nov. 19, AIME, Connecticut Section, Hartford, Conn. Nov. 19, American Mining Congress Coal Div. Conference, Wm. Penn Hotel, Pittsburgh.

Jan 1, 1952

By Waller M. D, Whittaker B. N, Singh R. N

This paper overviews the recent research progress in predicting cutting performance using fracture mechanics principles. It is emphasised that rock fragmentation due to cutting is mainly a process of chip formation resulting from crack initiation and propagation or crack interaction for multi-tool cutting. This process can be simulated by using the well developed fracture mechanics criteria coupled to numerical methods. Fracture toughness is shown to be an important and useful parameter in quantifying cutting performance and in designing cutting tools. The paper concludes with discussions on the dynamic effects involved in rock cutting processes which should be taken into account for optimum cutting efficiency and tool design.

Jan 1, 1992

By A. Broussaud

An original methodology has been developed for steady state simulation of selective grinding and mineral liberation in rod and ball mills. Three fundamental aspects of the methodology are presented successively : modeling ore texture, modeling grinding and its selectivity, and modeling mineral liberation. The methodology for modeling ore texture includes the conversion of 2D data into 3D reconstructed information and the use of the BILCO coherent material balance software. The models for grinding Simulation are classified into three levels, corresponding to three levels of available experimental data. All models account for grinding selectivity and for variations of engineering para-meters and operating conditions. An algorithm has been introduced to forecast mineral liberation, compatible with accurate simulation of selective grinding, which generates reasonable results.

Jan 1, 1987

Thank you for this opportunity to address your conference on The role of coal in the New Zealand energy market".New Zealand's energy market has, in common with much of New Zealand, undergone major change following the market reforms of the Labour Government.As far as the energy sector is concerned this change has been for the better, as it has created for the first time in a very long time a "true economic market" for energy in New Zealand.

Jan 1, 1990

Occasionally it is interesting, and sometimes useful, to review the past for early references to our industry, and to learn of the trials and travail passed through before it arrived where it now is - and the results of such a review follow. Some time ago one of our modern playwrights and poets, Arthur Guiterman, turned to coal, with the following result : Afar in the Carboniferous time I grew in Paleozoical slime, A lepidodendron with boughs on my stem And lepidostrobusea grew out of them. My roots in the mud of the ages I spread And up to the heavens I vaunted my head, I throve in the heat of tropical sun, And now I am coal at two dollars a ton.

Jan 1, 1935

By R. F. Rolsten

The preparation of pure metals by the thermal decomposition of volatile halides was developed byde boer' and van Arkel.2 This has proved to be a useful technique for the refining of columbium,the mechanical and physical properties of which are seriously altered by such interstitial contaminants as oxygen, nitrogen, hydrogen, and carbon. The conventional deposition surface of a resis-tively heated metal filament was replaced, Fig. I, with an indirectly heated clear quartz surface. The impure columbium (feed) was contained in the annular space between the Vycor deposition bulb and the perforated molybdenum retaining cylinder. The head assembly was attached to the deposition bulb by fusing the Vycor at "A". This unit was then connected to a vacuum system composed of a three-turn glass coil to eliminate fracture due to vibration or expansion, a McLeod gage, a cold trap, a two-stage mercury diffusion pump, and a mechanical pump. The entire system was cold outgassed, and the 10 to 20 g of iodine in the auxiliary bulb (reservoir) was held in dry ice to prevent excessive loss of iodine. The columbium was hot outgassed at 800" to 825oC with the pressure maintained at l0-5 to 10-6 mm Hg for 48 hr and cooled under vacuum to 200° to 240oC. Iodine was sublimed from the reservoir and collected in the deposition bulb. The feed material temperature was adjusted to give the desired iodide vapor pressure and the finger temperature of 1000" C was independently attained and measured with a platinum-platinum 10 pct Rh thermocouple located in the center of the nichrome wire helical heating element, "F." The system was attended until temperature equilibrium was established, whence it operated without attention. This is a definite ad- vantage over the conventional "hot-wire" technique which required either constant attention or automatic control. In operation, the iodine vapor originally introduced into the vessel reacted with the crude metal to form a columbium iodide. This iodide vapor diffused to the hot deposition surface where it thermally decomposed, depositing columbium and releasing iodine. This liberated iodine then diffused back to the crude columbium where iodide was formed again. Thus, by repetition of this process, the iodine carried pure columbium from the crude material to the filament, where it deposited. The success of the "iodide" process in producing ductile metals depends on preventing the transfer of oxygen, nitrogen, hydrogen, and carbon from the feed material to the deposit. In many cases relatively minor quantities of these interstitial contaminants impair the ductility of metals. The material produced by the iodide process has such exceptional ductility that it is frequently and mistakenly assumed that iodide metal is always of very high purity. This assumption is not necessarily true since a number of metallic impurities can also be transferred. In the present investigation, the temperature of the feed material was adjusted to iodinate selectively and the deposition temperature adjusted to decompose the iodides selectively. By this technique, some metals present in the feed material were prevented from codepositing with the columbium. It is quite important to have the feed material symmetrically located around the deposition surface in order to obtain a uniform deposit at the maximum rate. For example, Runnalls and pidgeon3 observed that, when the base of a titanium filament was about 1 cm from the feed material, deposition was rapid on that section close to the feed, but that the rate decreased with distance from the feed so that a

Jan 1, 1960

By William D. Gallant

This paper describes a joint cooperative project between the CANMET Cape Breton Coal Research Laboratory and the Cape Breton Development Corporation to conduct a trial of split set cable slings for remedial support in longwall gateroads. Slings were installed in two test sections of the 2 West panel, Phalen Mine which exhibited deformation and the potential for excessive deterioration when subjected to the front abutment of the wallface. Roadway support behaviour was monitored at the trial sites, including lengths of roadway with the standard support of steel sets without remedial support. Observations were made on convergence, loading of the steel supports, loading of the slings, and wallface performance. Comparisons are made of the results obtained from the areas with remedial support to that without, which demonstrates that the slings provided effective remedial support limiting further deterioration of the roof. Improved face end conditions have contributed to increases in safety and productivity of the longwall panel.

Jan 1, 1990

Shear strength testing of rock discontinuity surfaces has been undertaken at a considerable number of open pit gold mining operations in Western Australia, as part of geotechnical studies of pit wall stability. These mining operations are located in geological settings that are typified by highly weathered and/or chemically altered rocks that contain significant structural fabric in which accurate and representative measurement of shear strength is essential.Little of the published rock discontinuity shear test work and back-analysis of failures has been conducted on weathered discontinuity surfaces, at low normal stress levels which are comparable to Western Australian conditions. Available shear strength data are reviewed and the following aspects of shear strength testing are considered:ò the need for shear strength test work and the amount of testing required;ò review of laboratory testing methods and the quality of the results; ò presentation of the test results;ò discussion of the shear strength failure criteria; ò interpretation of the test results;ò summary of test results for a variety of rock types, degree of weathering and discontinuity surface conditions;ò a review of laboratory and field shear strength data to illustrate the amount of variability that can occur; andò a monitoring strategy is proposed to manage the uncertainty associated with discontinuity shear strength.

Jan 1, 1992

By R. W. Raymond

In a former paper (Trans., xvi., 770) I gave the text of the archaic mining law of the State of New York, together with some comments upon its curious provisions. In that connection I pointed out two facts : first, that the law seemed to have originated in the schemes of private parties, who were satisfied with those parts of it which concerned them particularly; and secondly, that the remaining provisions had been hitherto quite inoperative, for the reason that mines of the character to which they referred had not been discovered in the State. Since 1888, when that paper was written, the New York Legislature has passed several acts relating to mines as follows: 1. Chapter 394, Laws of 1890. This provides for an inspection

Jan 1, 1895

By G King, Q Shu, W Cao, F Gyakwaa, H Singh, S Wang, M Huttula, T Fabritius

Metallurgical slag, such as refining slag, is essential to enhance or promote steel cleanliness. The CaO–MgO–Al2O3–SiO2 system is the primary source of oxides-based inclusions. It plays a vital role in applications in various pyrometallurgical processes. Numerous thermodynamic databases and physicochemical properties of slag studies mainly focus on quenched samples and measurements at room temperature. Consequently, the present study explored the physicochemical, structural properties and crystallisation evolution for CaO–MgO–Al2O3–SiO2 glassy slags via in situ hightemperature Raman spectroscopy and synchrotron X-ray diffraction. The study was carried out by synthesising CaO–MgO–Al2O3–SiO2 slag with varying Al2O3/SiO2 ratios. The results from the in situ high-temperature measurement demonstrated a pattern showing a transformation of a broad peak from the glassy matrix to crystalline peaks. The study showed crystallisation of dominant phases such as Ca2SiO4, Ca2Al2SiO7 and CaAl2O4 that correspond and are attributable to changes of structural units during in situ high-temperature measurements. The results further showed a correlation between an increase and transformation in crystalline phases observed from the spectra obtained from non-isothermal heating of the samples.

Jun 19, 2024

Discussion of the papers of Messrs. Howe and Levy, Burgess, Crowe and Rawdon, and H. M. Howe, presented at the New York Meeting, October, 1913, and printed in Bulletin No. 78, June, 1913, pp. 1075 to 1136. ALFRED STANSFIELD, Montreal, Canada :-In Professor Howe's paper on the position of Ae3, he shows its industrial importance in determining the temperature to which steel should be heated. for "grain refining." Several years ago I carried out a research on the " burning " of steel and found that while hypo-eutectoid steel should be heated to Ae3, hyper-eutectoid steel that has been very much overheated must be reheated to the curve Sa on the carbon-iron diagram, in order to redissolve the pro-eutectoid cementite and thus, to obtain recrystallization and grain-refining. This treatment was necessarily only partly successful, and I should like to ask whether the conditions of heat treatment for refining overheated high-carbon steels have been ascertained. Speaking of the " Persistence of Solidificational Segregation " Professor Howe quotes an experiment made by Mr. Stead in which a bar of 1.2 per cent. carbon steel was immersed in a large mass of molten blast-furnace slag and allowed to cool with it. The steel was heated above the solidus (curve Aa on the carbon-iron diagram), but below the liquidus (curve AB). A drop of eutectic carbon-iron alloy, rich in carbon, had liquated out and hung below the bar. This agrees exactly with my own observations on the burning of steel, but my interpretation differs somewhat from that of Professor Howe. Professor Howe considers that the fusion of a part of the metal (rich in carbon) shows that the solidificational irregularities of composition had persisted through the rolling and heat treatment of the steel, as otherwise no part of the steel would have been sufficiently fusible to melt. It does not appear to me that such an explanation is necessary. A piece of steel represented in temperature and composition by any point within the area ABa will ultimately resolve itself into a solid phase and a liquid phase in equilibrium with each other. It may appear that if the steel were absolutely uniform no fusion could take place, but the smallest nucleus of high-carbon, fusible alloy would ultimately bring about this separation into liquid and solid phases, by diffusion of the carbon from the solid to the liquid areas. A nucleus sufficient for the purpose might be provided by an area of pro-eutectoid cementite which had not become diffused during the

Jan 12, 1913

By A. W. Fahrenwald, W. W. Staley

"In flotation concentration, various machines are employed for agitation and aeration of the ore pulp in the operation of frothing. The power required in the operation of these machines varies considerably with the type and make of machine used. The object of this investigation was to determine the effect of certain physical properties of the pulp particularly viscosity, density, and temperature - upon the power required by certain forms of pulp agitators.The viscosity factor is most involved because it is affected by temperature and by density. Viscosity of liquids and suspensions has been extensively studied and the physics and mathematics of the subject are much enlarged upon in books and in the literature. It is not, however, the intention of this study to become involved in the intricacies of these phases of the subject.The agitation of the various mediums in the experimental work did not last long enough to cause a measurable rise in temperature from the ""beating"" of the medium, hence no cognizance is taken of this factor.No attempt has been made to correlate the data obtained with the impeller with any information regarding centrifugal pumps. The object sought here is quite foreign to the problems of pumping. The impellers used are ""open"" and air is involved.The experiments performed and the data obtained are presented. Only that amount of discussion necessary to make the results understandable is given.Tap water was used in all experiments. A comparison of distilled water and tap water showed no measurable difference. In the experiment in which sodium chloride was needed, the commercial salt as used in fire assaying was taken. The quartz was of the ""bull quartz"" variety, thoroughly washed free of iron oxide."

Jun 1, 1930

By Peter Clevenstine

Minnesota Iron Ore Trifecta 1. World Demand 2. Industry Consolidation 3. Competitive Advantages

May 1, 2011

By F. F. Aplan, T. H. Wentzler

Limestone is potentially a low cost material for the neutralization of acid mine drainage and other acidic waters such as steel pickling liquor. Unfortunately, when limestone is reacted wit9 these waters containing large amounts of Fe , Fe+3, and SO4-2 , a coating of gypsum and iron hydroxides form on the surface of the limestone inhibiting further neutralization reactions. The nature of these coatings, their morphology, composition and thickness were evaluated using the scanning electron microscope and microprobe, and the kinetics of limestone dissolution was studied both in the presence and in the absence of the reaction-inhibiting coatings. These data were then correlated with the solution chemistry.

Jan 1, 1992

By R. W. Heins, N. Street

Recently Hiller1 reported results on the impairment of the strength of quartz glass rods through wetting, indicating that there was general agreement with the prediction of the Griffith formula in that for the liquids used the rods were weakest in water i.e. the liquid which probably had the greatest free energy of immersion. The Griffith equation predicts that the tensile stress necessary to propagate a crack of length c is where ? is the interfacial free energy, E Young's modulus. Since for a solid immersed in a liquid of surface tension ?L and contact angle 8 at the solid-liquid-gas contact, ?s - ?SL = ?L cos ? where ?s is the surface free energy of the solid. Hence comparison between ?L cos 0 and strength impairment should be possible. In a study of the usefulness of the Kuznetsov pendulum2 as a means of studying rock drillability we have determined the effects of various liquids on the pendulum hardness of Bavarian limestone. The pendulum used had diamond points (Burgess Vibro-graver), a period of 1.14 sec and a total on sample weight of 1191 g. The decline of the pendulum oscillations was recorded by a light beam on light sensitive paper carried on a kymograph. Rehbinder's expression relating hardness to amplitude attenuation as a function of time can be written In A = - (1/H) t + In Ao where A, A, = amplitude at time t and initial amplitude respectively, H = hardness parameter, and t = time. The line of best fit to the experimental points was determined using the IBM 7090 electronic computer, the computer also gave A, by extrapolation to zero time. The results for the various liquids tested are given in Table I and Fig. 1. The limestone surfaces were highly polished before testing and each reported hardness value represents the average of at least ten separate determinations of the pendulum decline curve. On each newly prepared surface the water value was again determined (also

Jan 1, 1964

By R. K. Mehta, C. W. Schultz, J. B. Bates

Introduction The Mineral Resources Institute, The University of Alabama, has for the past three years been engaged in a program to develop a beneficiation system for eastern (Devonian) oil shales. One objective of that program was to evaluate advanced technologies for effecting a kerogen-mineral matter separation. Column flotation was among the advanced technologies selected for evaluation. Early in the program it was shown that column flotation was superior to conventional (mechanical) flotation and to the other advanced technologies being evaluated. The investigation then proceeded toward the further objective of defining the optimum operating conditions for column flotation. One observation made in the course of optimization testing was that introducing the feed into the froth (above the pulp-froth interface) resulted in an improved combination of concentrate grade and kerogen recovery. This observation was reported in a previous paper (Schultz and Bates, 1989). Because the practice of maintaining the pulp froth interface below the feed point is contrary to "conventional" practice, it was decided to subject the observation to a systematic series of tests. This paper describes a recent series of tests and the results that were obtained. Experimental equipment and procedure The arrangement of the column cell and auxiliary equipment for continuous flow testing is shown schematically in Fig. 1. The feed sump [O] is filled with a sufficient volume of prepared sample to permit a large number of tests to be performed (typically 12). Past experience has shown this is necessary to control sample variability and variability in the size distribution resulting from ultra fine grinding. The feed slurry is maintained at about 20% solids and is constantly recirculated and stirred. The sample is metered from the circulating pipe by a peristaltic pump [O]. The feed slurry is diluted with reagentized water [O] by a second peristaltic pump [O]. Wash water [O], also reagentized, is supplied through a third peristaltic pump [O]. While this feed system may seem unduly complex, it does permit users to independently vary either the wash water rate or the net solids content of the cell. In the tests reported here, the feed rate and net percent solids were constant at 12.5 gms/min. and 3.3%, respectively. Diluted feed enters the column through 6.35 mm-diam (0.25 in.-diam) copper tubing and is discharged upwardly at the center of the column. Tailings are discharged through flexible tubing that can be adjusted so as to control the position of the pulp-froth interface. The column is 76.2 mm-internal-diam (3 in.-internal-diam) and 1090 mm (43 in.) high. It is made from lucite tubing and is fitted with a 51-mm-diam (2-in.-diam) fritted glass air sparger having an average pore diameter of 50 µm. In performing a series of tests, the concentrate and tailing are allowed to discharge continuously. The system is allowed to equilibrate for 30 minutes after the pulp and froth reach operating levels. Concentrate and tailing samples are taken simultaneously for timed intervals (five to 15 minutes, depending on the volume of sample desired). After sampling, a change in operating conditions is made and the system is again allowed to equilibrate. The tests to determine the effect of the pulp-froth interface level were part of a larger series of tests in which the objective was to optimize the conditions for a rougher flotation stage in a two stage circuit. The sample used in this series of tests was an Alabama shale ground to d90 = 23.1 µm and d50 = 7.9 µm. The operating conditions remaining constant in this series of tests were as follows: Column height - 1600 mm (63 in.) Air sparser - 50 µm (average pore diameter) Spray water - 130 cc/min. Feed rate - 12.5 gm/min (0.4 oz per min) (dry solids) Percent solids - 3.3% Frother (Dowfroth 250) - 45 ppm The variable test conditions are tabulated in Table 1. Positions of the pulp level (pulp froth interface) and feed entry are presented as a percentage of column height (as measured from the face of the air sparser). These test conditions are presented Fig. 2. At each of these test conditions, individual tests were performed at varying air

Jan 1, 1992

By C. A. O’Malley, F. W. Kinsey

This paper deals with an experimental study in the use of a preagglomerated burden as a means of increasing the production of sinter. The effect of a wide range of sinter burden was studied, including concentrates produced by a flotation process. Some of the important characteristics of a sinter bed are discussed along with the strength and reducibility of the sintered product. In recent years the use of sinter in blast furnaces has become increasingly important across the country—largely because of the demand for more hot iron from existing plant capacity and the increasing amount of fines in the burden materials available to the blast-furnace operator. In many instances, unfortunately, the demand for sinter has been so great that little time has been available to give the proper

Jan 1, 1960

By H. K. Work

The Bessemer process is one of the most interesting methods of making steel. At one time it was by far the most important. In recent years, however, it has steadily lost ground to the open-hearth process. The forces working against this method of stccl-making are partly economic and partly metallurgical.1 In this paper, dealing as it does with the control of the process, the metallurgical factors alone will be considered, although it is obvious that economic factors must play a part in determining the ultimate status of the Bessemer process. This discussion has been limited in another respect—it deals primarily with the acid Bessemer process in bottom-blown converters, although much of the information is applicable to basic and side-blown converters. The fact that open-hearth steel has superseded Ressemer steel to a large extent has tended to create an impression that Bessemer steel is inferior. As a matter of fact, Bessemer steel is actually superior to open-hearth for many applications.2 There are, however, definite metallurgical limitations to the use of Bessemer steel, resulting largely from two factors: (1) the physical properties conferred by nitrogen and phosphorus, and (2) the variability from blow to blow. These, of course, are not entirely independent, since some of the variability covered in the second item is undoubtedly due to nitrogen. But the variability is also caused by other factors. One of these is the relatively small size of the Bessemer heats. Because of this, a given shipment of Bessemer steel is more likely than a shipment of open-hearth steel to contain the product of several heats, each with its own distinctive and slightly different characteristics. Added to this is the fact that the refining of Bessemer steel proceeds so rapidly that the timing of the end point is limited to a matter of seconds, whereas the finishing period in the open hearth extends over a period of one or two hours and the timing of the end point may vary by several minutes without seriously affecting the product. There is no doubt that this has contributed to the variability of Bessemer steel and has led to the use of open-hearth steel in many optional applications. That Bessemer steel may vary is not necessarily objectionable, and it may even prove an advantage, providing a precise control is available to secure the desired qualities for any specific application. With this in mind, a comprehensive research program was undertaken, one phase of which was directed toward securing more accurate control of the blow. The results have been encouraging, and it is the purpose of this paper to describe a method in which modern scientific instruments, based on photocells, are currently being employed to assist the blower. The Control Problem In this day of scientific control of technical processes, where the operating

Jan 1, 1941

By H. K. Work

The Bessemer process is one of the most interesting methods of making steel. At one time it was by far the most important. In recent years, however, it has steadily lost ground to the open-hearth process. The forces working against this method of stccl-making are partly economic and partly metallurgical.1 In this paper, dealing as it does with the control of the process, the metallurgical factors alone will be considered, although it is obvious that economic factors must play a part in determining the ultimate status of the Bessemer process. This discussion has been limited in another respect—it deals primarily with the acid Bessemer process in bottom-blown converters, although much of the information is applicable to basic and side-blown converters. The fact that open-hearth steel has superseded Ressemer steel to a large extent has tended to create an impression that Bessemer steel is inferior. As a matter of fact, Bessemer steel is actually superior to open-hearth for many applications.2 There are, however, definite metallurgical limitations to the use of Bessemer steel, resulting largely from two factors: (1) the physical properties conferred by nitrogen and phosphorus, and (2) the variability from blow to blow. These, of course, are not entirely independent, since some of the variability covered in the second item is undoubtedly due to nitrogen. But the variability is also caused by other factors. One of these is the relatively small size of the Bessemer heats. Because of this, a given shipment of Bessemer steel is more likely than a shipment of open-hearth steel to contain the product of several heats, each with its own distinctive and slightly different characteristics. Added to this is the fact that the refining of Bessemer steel proceeds so rapidly that the timing of the end point is limited to a matter of seconds, whereas the finishing period in the open hearth extends over a period of one or two hours and the timing of the end point may vary by several minutes without seriously affecting the product. There is no doubt that this has contributed to the variability of Bessemer steel and has led to the use of open-hearth steel in many optional applications. That Bessemer steel may vary is not necessarily objectionable, and it may even prove an advantage, providing a precise control is available to secure the desired qualities for any specific application. With this in mind, a comprehensive research program was undertaken, one phase of which was directed toward securing more accurate control of the blow. The results have been encouraging, and it is the purpose of this paper to describe a method in which modern scientific instruments, based on photocells, are currently being employed to assist the blower. The Control Problem In this day of scientific control of technical processes, where the operating

Jan 1, 1941