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By Robert A. Haney

During the last ten years, longwall mining systems have undergone many changes. Panel widths and lengths have increased. Longwall faces have become more automated. Average production from individual longwall panels has increased from 1,000 to 3,600 tons per shift. To control the dust generation resulting from the higher production, longwall dust control systems have integrated various dust control techniques. Systems designed to control dust generated at the crusher/stageloader, shearer, and supports are common to most longwall faces. A survey was made of the dust controls that are currently in place on all the longwalls in the U.S. This survey addressed the types of controls used to reduce dust generated at the crusher/stageloader, shearer and roof support movement. Additionally, information on face ventilation rates, cutting cycle and level of automation was obtained. The purpose of this paper is to review the dust control practices that have been implemented throughout the United States and to identify those controls that are being used on high production longwall faces. Additionally, a model is used to demonstrate how ventilation and automation affect occupational exposure. Automation of roof support movement can offer some of the greatest reductions in occupational dust exposures. While technically feasible, its full benefit has not been fully realized by the industry. Until technology to fully automate longwall mining systems becomes more reliable, future dust control systems must rely on increased ventilation, application of headgate dust collectors, improved shearer dust controls and improved shield dust suppression systems.

Jan 1, 1995

"The adsorption of mixed cationic/anionic surfactants with different molar ratios onto quartz was investigated. The cationic surfactant used was dodecylamine bromide (DDA), and the anionic surfactant was sodium oleate (NaOL). The critical micelle concentration values for the individual surfactants and their corresponding mixtures were determined using a platinum plate. The adsorption mechanisms of mixed surfactants on quartz were studied using contact angle measurements, flotation tests and adsorption amount measurements. At alkaline condition, NaOL depresses DDA flotation of quartz without depressing the adsorption of DDA. The molar ratio of mixed surfactants is found to be a key factor in the orientation of alkyl chains and thereby the flotation response of quartz. A mixture of 1/2 or 1/3 DDA/NaOL forms on the surface of quartz when the concentration of NaOL is higher than that of DDA. The adsorption of the mixture decreases the wetting of quartz since the alkyl chains are in chaotically orientation with a conceivable number of head groups directing towards the solution phase. These results provide important insights into the adsorption of mixed surfactants onto quartz surface. INTRODUCTION Froth flotation is known as an effective method of separating mineral particles on the basis of their surface chemistry, specifically their hydrophobicity. [1]. The hydrophobic particles will attach to the bubbles and rise to the top of the containing vessel to form a froth that flows over the lip of the vessel. The hydrophilic particles remain in the liquid [2]. In the process, surfactant is often used as collectors for surface modification in order to change the wetting properties of mineral particles. The primary long chain alkyl ammonium salts are the most widely used as collectors for the flotation of oxide minerals, such as quartz, muscovite, hematite, phosphate and feldspar [3, 4]. Adsorption mechanism of alkyl ammonium salts on oxide minerals has been extensively analyzed [5, 6]. Generally, the ammonium salts are adsorbed through electrostatic interaction of the polar group of the molecules with the surface of these minerals [7]. Despite many obvious advantages of the ammonium salts in low temperature resistance and hard water resisting, however, their unavoidable drawbacks, such as high sensitivity and poor selectivity for slimes, relatively high cost, have limited their applications [8]. In recent years, mixed surfactants have drawn much attention due to their superior physicochemical and surface properties than single surfactants [1, 9-11]. They have been used in many industrial processes such as dispersion/flocculation, flotation, detergent, corrosion inhibition, cosmetics, foods, paints, chemical mechanical polishing, enhanced oil recovery, and nanolithography [12]. Most of the mixed surfactants have synergistic advantage in reduction of the surface tension and critical micelle concentration (CMC); therefore, they exhibit spurious properties, like excellent surface/interfacial activities, and are less expensive than single mixed surfactant systems [13, 14]."

Jan 1, 2016

By Edward C. Krug

"You are to use the word ... purely for its selling power. It is a name they venerate. As a result, you can use the word ... to ... get [them] to practice, not only without shame bit with a positive glow of self-approval, conduct which, if undefended by the magic word, would be universally derided." (C.S. Lewis, The Screwtape Letters, 1982, p. 162). "We need to tear everything down over a period of time and reconstruct a whole new world, planned top to bottom. "Right now there are just way too many people on the planet [5.3 billion]. `If we had ... an ethic ... we could cut back to 250 million-350 million people. `The United States is ... a bunch of pigs ... the average citizen ... [uses] maybe 70 to 80 times as much as anyone in the Third World.` "The indigenous pople were the ones that were right! I mean, they had their own religion, their own ethics and their own technology. We just went down a wrong road. "So when he says, `We got to rebuild the whole world,' you have no doubt this is serious sentiment .... And it is finally this world view that distinguishes (Ted) Turner as a media mogul and an environmentalist. It is why Worldwatch's Lester R. Brown told me Turner was `truly a visionary. "'(Interview of Ted Turner, Audubon magazine, November-December 1991. On Dec. 28, 1991, Ted Turner was name Time magazine's "Man of the Year." Clearly, media and environmental leadership agree with Turner's openly stated beliefs.)

Jan 1, 1992

By J. G. Groppo

Froth flotation technique is an effective and efficient process for recovering of ultra-fine (minus 74 pm) clean coal. Economical dewatering of an ultra-fine clean coal product to a 20 percent level moisture will be an important step in successful implementation of the advanced cleaning processes. This study is a step in the Department of Energy's program to show that ultra-clean coal could be effectively dewatered to 20 percent or lower moisture using either conventional or advanced dewatering techniques. The main focus of the pilot plant study was on proof-of-concept testing of a dewatering technique for a fine clean coal product. The coal industry is reluctant to use the advanced fine coal recovery technology due to the non-availability of an economical dewatering process.

Jan 1, 1997

By U. Cetin

The Nevada Test Site is located approximately 65 miles northwest of Las Vegas, NY. The site was primarily used by the Department of Energy for the field testing of nuclear weapons and contaminated by several million cubic feet of low-level radioactive wastes, heavy metals, volatile and non-volatile organics, and explosive materials. Leaching and transportation of these contaminants are creating severe environmental problems. The purpose of this study is to examine pozzolan, a natural alumina-silicate mineral, as a possible replacement of the existing impermeable barriers (clays). In the first phase of this study, radionuclide sorption characteristics of pozzolan were investigated. This paper will present the results of the sorption tests for the target radionuclides.

Jan 1, 1998

An AFM has been applied to study in situ the adsorption of oleic acid on fluorite in aqueous solutions. The AFM images show that fluorite surface becomes smoother with the adsorption of 7 × 10-5 M oleic acid solution at pH 9. Force measurement shows that fluorite is strongly positively charged in water at pH 6, suggesting a neglectable surface carbonation of fluorite. The adsorption of oleic acid at pH 9 renders fluorite more and more negatively charged. The surface morphology change of fluorite as shown by the AFM images suggests that oleic acid chemisorbs on fluorite at pH 9. Increasing temperature can help increase the adsorption of oleic acid on fluorite. It may also improve the lateral polymerization of unsaturated oleic acid on fluorite as suggested by the smoother mineral surface in oleic acid solutions at an elevated temperature.

Feb 23, 2014

By H. W. Judges

A 16.5-kt/day underground molybdenum mine is being developed at Questa in Northern New Mexico by Molycorp, Inc., a wholly-owned subsidiary of Union Oil Company of California. Construction of the underground mine began in 1979, and first production is scheduled for early 1983. A gravity block caving method has been selected for mining the ore. Access to the mine will be through a service shaft, development shaft, and a conveyor decline. The shafts are being sunk under contract and the conveyor decline is being driven by Molycorp. The driving of the decline began in February, 1979 with a 10-man mining class. By the first of May, enough men had been trained to begin a continuous operation and by March 1, 1980 the face had reached the 1500 m mark. The heading is being driven with trackless rubber-tired equipment using a three-boom drill jumbo, 2.7 m3 LHD units and 7.3 m3 trucks. Ground support has been by rock bolts and wire mesh, followed by Fibercrete. A 16.5-kt/d underground molybdenum mine is being developed at Questa in northern New Mexico by Molycorp, Inc., a wholly-owned subsidiary of Union Oil Company of California. The new $200-million underground project will revitalize mining and milling activity at Questa, where small scale underground mining first began in 1920. Large scale open-pit mining was initiated in 1965 but now, because of the high stripping ratio, surface mining is being phased out. Construction of the underground mine began in 1979, and first production is scheduled for early 1983. The company expects full capacity - 9 Gg of molybdenum per year - to be reached in 1984.

Jan 1, 1980

By W. C. Shanks

The Pioche District of Lincoln County in southeastern Nevada (Figures 1 and 2) has been an historically important producer of silver, zinc, and lead. Economic geology of districts in the Pioche area is summarized most adequately in recent reports by Tschanz and Pampeyan (1) and Gemmill (2) and only a few major aspects will be discussed here. Production in the Pioche District began in 1869 and early mining concentrated on silver-bearing fissures in lower Cambrian quartzites. In the early 1870's the Pioche District was second only to the Comstock Lode in world silver production (3). More recent mining activities have centered on the other major ore type in the area, bedded replacement of lower Cambrian carbonates by Ag-Zn-Pb sulfide ore. Production of replacement ore peaked around 1950. The present study is focused on the Pan American Mine because it is an excellent example of low grade carbonate replacement deposits, because there is little structural dismemberment, and because access was readily available. Most previous workers have suggested that both the fissure vein deposits and the bedded replacement deposits of the Pioche districts are a result of spatially related Laramide igneous activity. The purpose of this study is to determine whether ore genesis is a result of igneous activity or if mineralization might be related to late diagenetic processes such as formed Mississippi Valley "type" deposits. Stable isotopes of sulfur, carbon, and oxygen in ore and gangue minerals have been studied to determine the probable isotopic composition of the ore fluid and paleomagnetic studies of the carbonate rocks have been utilized to determine timing of mineralization. Additionally, petrographic and field studies of carbonate lithologies were undertaken in an attempt to delineate non-structural controls on ore localization. These studies are still proceeding and the results presented herein are, therefore, preliminary in nature.

Jan 1, 1979

By Louis J. Czel

Although lithium was first discovered by Arfwedson in Sweden in 1817, it did not reach any significant status in commercial application until 1908 when Thomas A. Edison received a patent covering the use of lithium hydroxide in alkaline' storage batteries. Edison's achievement can be regarded as a major breakthrough in the development of the lithium industry. In the years prior to 1908 lithium salts had found only modest applications in the pharmaceutical and pyrotechnic fields. The next important milestone in the growth of this net industry occurred in Germany in 1918 when Metallgesellschaft at its metallurgical laboratory at Frankfort-on-Main discovered that the addition of a few hundredths percent of lithium metal to aluminum and its alloys increased-the hardness. This brought into being a new commercial use of lithium in the manufacture of bearing metals. The new material, called "Bahnmetall" (railroad, metal), was widely used for, many years in the manufacture of bearings for railroad and automotive purposes. Its use continued until the early 1930's and there was a short-lived renewal of its production during World War II. Subsequent use of-the alloy was soon outmoded.

Jan 1, 1961

By Edward Holloway

The basis for the selection of the ultimate pit for an open pit mining operation is generally opaque. Some form of value-based analysis will generally guide the final decision; however, the value will often gradually plateau whilst the ultimate pit size continues to increase. There is no established framework to guide specialists in the selection of the ultimate pit, with such decisions regularly made on a somewhat arbitrary basis. The key component that is missing from the analyses typically used to select the size of the ultimate pit is risk. Once risk is quantified within the analysis framework, the decision-making range is significantly reduced, and the process for selecting the ultimate pit becomes more consistent, replicable, and defensible. This paper provides an approach to including risk in the process used to select the ultimate pit.

Feb 21, 2024

By J. A. Botín

Investment decision for large mining projects imply an enormous financial risk and therefore, require a more complex risk evaluation methodology taking into account all sources of uncertainty from each process in the project value chain. Generally, the main sources of risk are those related to uncertainty on grade and other techical variables of the orebody. In this study, conditional simulation is applied to develop a risk management model to quantify and to manage financial risk associated to uncertainty on the grade of the orebody. The model was validated in case study on a real porphyry copper orebody in Chile.

Feb 23, 2014

By Yu. A. Polozov, V. A. Lagunov, O. Yu. Lushinkova, Yu. I. Svirskiy, Eh. Ya. Kipko, Roy A. Williams

5.1 TECHNOLOGY FOR INJECTING GROUT INTO BOREHOLES The grouting of fractured rock aquifers is carried out in separate stopes' whose size is determined by the hydro¬stratigraphy and the hydrogeologic properties of the rocks. The number of grouting stopes required depends on the number of intervals in the hydrogeological section. Each grouting stope can include one or several aquifers. Com¬bining several water-producing strata into one stope is pos¬sible only when the values of their permeability coefficients are very similar. In order to achieve efficiency, as many aquifers as possible are included in each stope. In practice, the length of a grouting stope in a borehole usually ranges within 10 to 40 m, but occasionally up to 100 m or more. When conducting grouting operations through boreholes drilled from the face of underground workings, the stope's size can be determined by the thick¬ness of each fractured zone (fault) or by the length of the hole if the entire rock is fractured. Injecting grout into separate intervals of fractured rock can be done from the bottom to the top with ascending stopes or from the top to the bottom with descending stopes. Injection from bottom to top is always preferred. Injection also can be accomplished in separate fractured permeable horizons in the section. The STG integrated grouting method is based on the use of packer and injection equipment and technological schemes that facilitate injection in highly isolated fractured aquifers. For this purpose STG has developed a standard series of packers. 5.1.1 INJECTING GROUT THROUGH BOREHOLES DRILLED FROM THE SURFACE Grout can be injected according to one of four techno¬logical schemes depending on the depth of the fractured aquifers, their hydrogeologic properties and the availability of grout injection equipment if the area is remote (Fig. 43). In the first and most preferred technological scheme (1), the grout is injected from the bottom up with ascending stopes. When this scheme is employed, grouting holes are drilled to the entire projected depth based on the field investigations injection tubes is installed above the top of the first hydrostratigraphic unit to be grouted. This scheme al¬lows the grout to be injected only into the permeable stra¬tum or strata isolated by the packer near the bottom of the hole; it precludes the need to clean or redrill the hole before injecting grout into the next overlying stope. This ascending stope scheme is preferred because of its simplicity and ef¬ficiency. It is used in most of the grouting of saturated fractured rock for the purpose of isolating aquifers while excavating deep mine shafts in the USSR. The second technological scheme (II in Fig. 43) injects the grout in sequence from top to bottom with descending stopes. Injection under this scheme is accomplished through the hermetically-sealed mouth of the hole. It is most advis¬able to grout with descending stopes in saturated fractured rock wherein the aquifers constitute thick networks of frac¬tures. Under these conditions it is practically impossible to drill a grout hole to the entire depth of the underground workings due to the large production rate of ground water. In conducting isolation operations with descending stopes, additional work (relative to ascending stopes) is necessary to drill out the grout in order to create and inject the next stope. As a result, the total amount of drilling required to drill out grout can even exceed the volume of drilling of original rock. Consequently it is advisable to use this inefficient scheme only for injecting grout into holes that contain prolific frac¬tured aquifers at depths less than 150 to 200 m. The third and fourth technological schemes (III and IV in Fig. 43) are used in the selective grouting of separate aquifers. For example, these methods would be applied when a grout hole is drilled to its entire depth, wherein grouting of the upper aquifers must be done first so that the sinking of the first shaft can begin prior to deeper grouting. The third technological scheme is used for the selective injection of grout into an aquifer with a thickness of up to 5 m. For this work the DAU-1-2 removable dual packer is installed. It is lowered into the borehole on an injection pipeline. For aquifers with thicknesses of more then 5 m, the selective injection of the grout is carried out according to the fourth technological scheme; a combination of the DAU-2 hydrodynamic plug and the DAU-1 packing device is used. In order to implement this injection scheme, the DAU-2 hydro-dynamic plug is installed at the bottom of the fractured aquifer and the DAU-1 packer is installed at the top of the aquifer.

Jan 1, 1993

By J. Richard Tonry

In portland cement manufacturing, the raw materials axe changed to clinker in the burning operation. Generally the rotary kiln is used for this purpose and involves many processes, including pelletizing and nodelizing. This transformation is called clinkering, and is analyzed as now generally practiced in cement making, from the raw material to the resulting clinker.

Jan 1, 1963

By Avula Rajashekar Yadav, Sreenivasa Rao Islavath

Barrier pillars and gateroads play a vital role for the safe exploitation of coal from the panel in the longwall workings. The barrier pillars and gateroads are subjected to the front abutment and side abutment loads during the retreat of the panel. These structures may fail if the developed load on them is higher than their strength. The stability of the longwall structures such as barrier, gateroads and face is paramount in extracting the coal from the panel safely. For this, a deep longwall mine in India is chosen for the study using a 3D numerical modelling technique. In this paper, three critical conditions such as scenario 1 (no side goaved-out panel), scenario 2 (with side goaved-out panel) and scenario 3 (with two side goaved-out panels) are taken. For each scenario, five retreat distances such as 100, 125, 150, 175 and 200 m are considered for detailed investigation. The development of vertical displacement in gateroads, vertical stresses on barriers, vertical stress concentration factor, abutment zone and yield zone for longwall face are extracted and analyzed. Also, the safety factor of the barrier and longwall face is estimated considering the Hoek–Brown rock mass failure criterion. From the study, it is observed that the maximum vertical displacement of 121 mm in TG3 at scenario 3 for a retreat distance of 200 m and a minimum vertical displacement of 33 mm in TG2 for a retreat distance of 100 m at scenario 2. The development of vertical stress on the barrier is found to be between 8.78 and 13.40 MPa, and the safety factor of the barrier lies in between 1.56 and 1.80. The study also revealed that the yield zone at the longwall face lies within 2 to 3 m.

Dec 29, 2023

By Dae Young Kim, Sim Bo Kyung, Ebrahim Farrokh, Ki Chang Hyun

"TBM cutter life evaluation in abrasive granitic rocks is a very important issue, especially in pressurized face tunneling with mixshield TBM for which the planning of costly interventions becomes crucial. This paper presents an overview of methodologies for cutter life evaluation in rock. A comparative study is performed to indicate the predictability of cutter life evaluation methods based on detail data from the NS3 tunnel project in Singapore. A new model is developed based upon the cutter wear information of eight TBM tunnels from around the world. New methods are proposed to evaluate the optimum intervention interval length and the number of worn-out disc cutters for a tunnel project. Finally, two new laboratory tests in the evaluation of disc cutter abrasion, including a full-scale and a small-scale test, are introduced, and their test results are discussed. INTRODUCTION The issue of wear evaluation for hard rocks has been extensively studied in drilling and pavement industry. In this regard, several tests and evaluation methods have been proposed to estimate or evaluate the state of tool life (e.g. bit life for drilling). In the case of TBM tunneling, tool wear may depend on several factors such as mineral composition, strength, or type of cutting, but as the abrasion is usually the major mechanism for the tool wear in hard rock, the developed methods for cutter wear or cutter life evaluation are mostly based on the abrasion indices such as Cerchar Abrasivity Index (CAI). This paper attempts to review the major methodologies for disc cutter wear and life evaluation and to propose new methods to evaluate cutter life and intervention interval evaluation based on detail information of a mixshield tunnel project in Singapore as well as general information of some other projects from Iran, Italy, South Africa, and France. As the laboratory tests are crucial in the process of evaluation, two new lab tests are developed and used to inspect suitability of the new proposed model for disc cutter wear evaluation."

Jan 1, 2016

By K. Louk, E. Gilliland, N. Ripepi, M. Karmis

"Carbon dioxide (CO2) injection in deep unmineable coal seams can enhance coalbed methane (CBM) recovery as well as effectively and permanently store the CO2. Enhanced coalbed methane (ECBM) recovery and CO2 storage capacity can be improved by altering injection parameters including the injection well locations, number of injection wells, and the time and rate of the injection. A sensitivity study was performed with sixteen different injection scenarios on a coalbed methane field in Buchanan County, Virginia to understand the influence of the injection parameters on methane production, CO2 storage and the extent of the CO2 plume. History matching was done for the gas and water production period prior to injection based on field data from an active US Department of Energy funded pilot project. INTRODUCTION The coal structure is a combination of the coal matrix and cleats. In a CBM reservoir, the methane (CH4) is stored in the matrix under adsorption properties, not as a free gas. During CH4 production, the reservoir pressure is reduced and gas is released from the surface of the coal, diffuses through the matrix and transmits to fractures (man-made or natural) via the cleat network. Fractures and cleats are the major parameters that influence gas flow capacity because deliverability of the CH4 to the production well is controlled by the cleat permeability. As gas production continues over time, CH4 desorbs from coal, and coal matrix volume starts to decrease. This volume decrease in the matrix opens up the cleats, matrix shrinkage, which leads to a permeability increase. Several emprical (Harpalani and Schraufnagel 1990a, 1990b; Harpalani and Chen 1995, 1997; Harpalani and Mitra 2010; Pan et al. 2010; Liu et al. 2012; Mitra et al. 2012) and analytical (Palmer 2009; Liu and Harpalani 2013) studies have reported this relationship between pressure and permeability. Those studies showed that permeability is an important parameter in CH4 production performance. Furthermore, during gas production, water is produced through the cleat system as well, therefore gas-water relative permeability must be also considered in evaluating production performance (Gash et al., 1991). In the CO2 injection scenario the opposite occurs because CO2 has a higher adsorption affinity than CH4. CO2 replaces CH4 in the matrix of the coal and increases the volume of the coal matrix, matrix swelling, and results in a permeability decrease. Harpalani and Mitra (2010) concluded in their experimental study that swelling of the coal matrix due to the CO2 injection is two to three times more than the sorption of CH4, resulting in large permeability changes during CO2 injection."

Jan 1, 2016

By J. J. Bean

The development drilling program of the Copper Cities mine indicated that the molybdenum content of the ore would be about 0.011% MoS2' The molybdenum content of the Miami mine at the same time was about 0.025% MOS2' The Miami mill had a very successful molybdenum operation which used bleeder turbine steam from the Miami power plant for the steaming operation. The much lower grade of the Copper Cities ore, the absence of a source of low cost steam and the use of sodium aerofloat as the copper collector which Miami experience indicated did not respono readily to the steaming technique made very doubtful the success of a similar operation at Copper Cities. However, the relatively few pounds of copper that could be recovered from the low grade Copper Cities heads made very desirable the recovery of the molybdenwa,as a source of additional revenue. Accordingly, shortly after the Copper Cities mill began operation, a research program was instituted to develop a suitable method of molybdenum recovery. This program explored first, the successful steaming process then in use at Miami and as expected, found it unable to decompose the sodium aerofloat copper collector. The known chemical depressants were then tried without much encouragement. Finally the copper concentrate was dried, not roasted, to 2-3% mOisture and this along with sodium ferro-cyanide and cyanide resulted in sufficient copper depression that a final molybdenum concentrate containing 1.0% CU could be made. The bench scale testing was followed by pilot plant testing. Sixteen

Jan 1, 1972

By Warren E. Morrison

The expansion of the United States economy in the postwar period has had a tremendous impact on the demand for energy. Not only has total energy consumption increased at an unprecedented rate, but there have been major shifts in the composition or mix of energy resources within the end-use sectors. Because of the numerous interrelationships between substitutable energy resources and their markets, the energy economy can only be analyzed in terms of the trends of its component parts. This problem takes on additional complexity when attempting to chart the nation's future energy requirements. Total energy consumption can be forecast with reasonable accuracy for periods up to 15 years by relating this to projections of economic indicators. However, forecasting the component parts of the energy economy constitutes a dilemma in that the sum of the projected parts frequently exceeds predictions for total energy. Areas of uncertainty in energy forecasting tend to mount rapidly when proceeding from total energy to the consideration of specific energy resources consumed as fuel, power, or raw materials.

Jan 1, 1965

By Robert H. Carpenter

Downstream dispersion curves for certain trace metals were obtained from two mineralized areas in the southeastern U. S. In Lincoln Co., Georgia, 7 sample sets were collected downstream from the Magruder mine, a polymetallic sulfide deposit (Zn-Cu-Pb-Ag-Au) in metavolcanic rocks. Five sample sets were collected along Joe Mill Creek in Grainger Go., Tennessee, downstream from a zone of zinc mineralization in carbonate rocks (Mississippi Valley-type). In both areas, analyses were made of Fe-Mn oxide coatings on lithic fragments and quartz pebbles, and the -80 mesh fraction of the stream sediment. A comparison of the dispersion curves reveals the following: 1.) the anomaly/background ratio is markedly higher in the Fe-Mn oxide coatings for zinc and copper; 2.) the anomaly/background ratlo is markedly higher in the -80 mesh fraction for lead which is not concentrated in the coatings; and, 3.) the Zn/Mn and Cu/Mn ratios in the coatings are useful in that they enhance downstream derectability of mineralization as well as provide for a simpler analytical procedure. There are several potential advantages of using coatings vs. the conventional -80 mesh fraction in stream sediment surveys. Because soluble metal is brought into the stream mainly in groundwater, deeper anomaly sources may be detectable from the oxide coatings than from clastic fractions of alluvium where much of the metal is derived from erosion of soils. Variability due to sampling may also be reduced, providing better discrimination of anomalies. In areas of glacial or alluvial cover, coating surveys may be particularly applicable.

Jan 1, 1975

By F. L. Pirkle, W. C. Bagby

The International Mineral Valuation (IMVAL) Committee, founded in 2012, develops strategies for conducting mineral valuations. These strategies have been developed into a mineral asset valuation template called the International Mineral Property Valuation Standards Template and is part of IMVAL's work to establish consistent international standards for mineral property valuation and reporting. This template is a living document that is updated from time to time and is based on three core values or pillars (Fundamental Principles): Competence, Materiality, and Transparency. Objectivity, Independence, and Reasonableness may be applied as required by national codes or standards. The Template harmonizes international standards for valuation of mineral assets as real property and represents a consensus of current good practices. It is not a stand-alone reporting code and does not supersede existing national reporting standards. The Template deals with mineral-property valuation as distinct from mineral-project evaluation. INTRODUCTION In his 1989 book, “The New Realities”, Peter F. Drucker, Clark Professor of Social Science at Claremont Graduate School, California, stated: “Information is data endowed with relevance and purpose. Converting data into information thus requires knowledge. And knowledge, by definition, is specialized.” (p. 209) The discipline of mineral valuation is knowledge-based and requires a mineral valuer to collect, analyze, and interpret data that are material to a mineral valuation assignment. In so doing, the valuer turns the data into information (data come first, followed by information as determined by the mineral valuer) for use by the client (from whom the valuer obtained the mineral valuation assignment) and other intended users. The valuer uses his or her experience and education (each valuer’s knowledge base) supported by a foundation built upon competency, materiality, and transparency, the three pillars of mineral valuation (“minerals valuation”, “mineral-property valuation”). The International Mineral Valuation Standards Template (“IMVAL Template”, IMVAL”, “Template”), third edition dated May 2018, defines mineral valuation as: “The estimation of the Value of a Mineral Property in money or monetary equivalent. The word ‘valuation’ can be used to refer to the estimated value (the Valuation conclusion) or to refer to the preparation of the estimated Value (the act of valuing).” (p. 14) Furthermore, the IMVAL Template clearly separates valuation from evaluation: “The Template deals with Valuation, which is distinct from Evaluation. The distinction inherent in these defined terms is that Valuation addresses the estimation of value of a Mineral Property, whereas Evaluation addresses the broader assessment of a Mineral Property for an investment decision.” (p. 2)

Jan 1, 2019