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By F. J. West

This paper deals with Jones & Laughlin Steel Corporation's new Adams mine, near Kirkland Lake, Ontario. After a brief discussion of ore structure, type, reserve tonnages, etc., the main body of the paper discusses the establishment of an open-pit limit based on economic considerations. The method used by J & L to arrive at an economically sound open-pit boundary its outlined fully. Physical limitations to open-pit boundaries are mentioned briefly. The paper concludes with a few remarks on the mining equipment in use and on its productivity

Jan 1, 1966

By Kwang-Hyun Jeon

Recently, 3D printing technology in the manufacturing field is in the spotlight. In the construction industry, similar rapid prototyping technology that does not use conventional form can be applied to meet the demand on free formed structure that can provide aesthetic value and functionality. Conventional formwork can increase construction cost and period for various structure with complex shapes while it has numerous advantages such as high strength, convenience, accuracy and good quality of surface roughness. To meet the demand on free formed structure, automated freeform construction systems such as Contour Crafting and Concrete Printing have been developed with active collaboration between university and industry in USA and England. However, details on the system have not been fully released in public, so the possibility of its fusion and spin-off technology cannot be expected. In this paper, cost-effective solution for mechanical and control system for constructing a free curved structure without mold are described. As an appropriate material for the system, fiber reinforced mortar was selected by experiments on compressive strength, setting time and fluidity. After performing G-code simulation, transfer and extrusion experiments with the selected mortar mix were performed and the possibility of the development of automated freeform construction system was demonstrated. Based on this research results, it is required to keep the automated freeform construction system improve and extend it into the new application area in construction industry.

Aug 1, 2013

By M. Mahdi, L. So, A. MacMillan, D. Metcalfe, J. Woloshyn, D. Sauter, N. Uys, JP. Janse van Rensburg

For city smelters, with limited real estate, efficient slag cleaning furnaces followed by water granulation to produce an iron silicate product is the preferred process approach. Water granulation, however, consumes large volumes of water and requires high maintenance due to abrasive slag/water slurries. Air granulation offers an alternative to water granulation, which eliminates water use and has low maintenance requirements. Although full-scale operation has not been implemented for copper slags, full-scale operation for platinum group metal (PGM) converter slag has been implemented. A review of full-scale air granulation performance for PGM converter slag is provided. Based on PGM converter slag granulation performance, parallels to copper slag granulation are drawn and full-scale operation for copper slag is modelled using computational fluid dynamics (CFD). INTRODUCTION Typical slag management practices in the copper industry include dumping, slow air cooling, and water granulation, as shown in Figure 1. Dumping is the most commonly used slag handling method for most metal production plants, but presents challenges including the requirement for a large slag pit, requirement for expensive/high-maintenance “hot” mobile equipment, risks associated with transportation of molten slag, and no value recovery from slag as a sellable by-product or from slag as a source of heat.

Jan 1, 2019

By G. Chung, W. Petruk, D. Doyle

"A series of tests was conducted on Carol Lake iron ore, which contains about 38 wt % hematite and 19 wt % magnetite, to establish a flowsheet for high weight yield by spirals. A pilot plant was run in parallel with the IOC concentrator to simultaneously test two flowsheets on the same feed material. The IOC concentrator processes the ore by treating it directly in a spiral circuit, whereas the pilot plant used a laconite flowsheet which had a low intensity magnetic separator (LIMS) at the front of the circuit. The LIMS produced a non-magnetic (hematite-rich) product and a magnetic (magnetite-rich) product prior to treating the ore in two separate spiral circuits. The results from about 150 tests were evaluated by chemical assays and materials balancing techniques, and a selected test was evaluated by the image analysis and materials balancing technique.The image analysis and materials balancing evaluation showed that a higher hematite recovery was obtained by the hematite spiral circuit than by the IOC concentrator spiral circuit, and a slightly lower magnetite recovery by the magnetite spiral circuit than by the IOC concentrator spiral circuit. Furthermore the hematite recovery by hematite spirals was higher than the magnetite recovery by magnetite spirals. The better hematite recovery was achieved because a higher liberation is obtained for hematite than for magnetite, and the hematite in the Carol Lake ore has a narrower grain size range than magnetite. Consequently, better spiral control can be maintained when processing a hematite-rich spiral feed, than when processing a magnetite-rich spiral feed. Since the feed to the IOC concentrator spiral is a mixture of hematite and magnetite, an intermediate hematite recovery is obtained by the IOC concentrator. INTRODUCTIONA study of characteristics that affect recoveries of hematite and magnetite from the Carol Lake ores of the Iron Ore Company of Canada (IOC), was carried out in connection with a project on designing a flowsheet for maximum weight yields. A pilot plant using a taconite flowsheet was run in parallel with the existing IOC concentrator which uses a classical iron ore flowsheet. About 150 tests were run to compare iron recoveries and weight yields by the spirals in the two flowsheets. Better iron recoveries were indicated for the taconite flowsheet, but the results were not consistent and the reasons for the observed differences were not apparent. The material from one test (Test 61), which gave better iron recoveries for the taconite flowsheet, was evaluated by the image analysis and materials balancing technique. A suite of samples was taken from 5 points in the IOC concentrator and from 8 points in a pilot plant (taconite flowsheet). The samples were analyzed to compare the behaviours of the Carol Lake hematite and magnetite in the spirals of the two flowsheets. The results provided a sound basis for further tests in designing a high weight yield flow sheet."

Jan 1, 1993

By Lauri Gregg

How Can Man Meet the Carbon-Free Energy Challenge ? ? Increases in Energy Efficiency can displace 1/2 to 2/3 of the Carbon-Free Energy required to stabilize at 550 ppmv ? Renewable Energies require too much land and thus can displace 5 to 10 % of the energy requirement ? Large new sources of carbon free energy are needed ? Conservation is desirable but provides only a small and variable contribution ? People will have to adjust to higher levels of CO2 in the atmosphere as energy demand continues to grow

Nov 1, 2002

By L. Voisin, G. Damm

"In order to develop a new pyrometallurgical process for eliminating detrimental arsenic and antimony from the impurity-rich matte produced from copper concentrate, and for treating the occasionally generated speiss in nonferrous smelting processes, the phase relations in the Fe-Cu-S-As-Sb system saturated with carbon at 1473 K were investigated. The distribution of elements between the condensed phases at the miscibility gap, where three equilibrated phases of iron-rich alloy, copper-rich alloy, and matte coexist, were also studied. The investigation was carried out by performing a series of laboratory scale experiments in an electrical furnace at 1473 K, followed by a quenching method on the final stage. The samples obtained from the experiments were analyzed by using Inductively Couple Plasma (ICP), Atomic Absorption Spectroscopy (AAS) and Carbon Infrared Spectrometry (CIS) techniques.The results were compared with previous investigations for the Fe-Cu-S-As-C and Fe-Cu-S-Sb-C systems and discussed on the basis of the molar fraction distribution for both arsenic and antimony in the matte phase at five different matte grades. It is expected that by using this phase separation technique it might be feasible both, the cleaning of a complex copper matte and the elimination of arsenic and iron together with an acceptable amount of antimony into the iron-rich alloy phase, which can be discarded as a harmless and smaller deposit."

Jan 1, 2014

By Guy Chevalier

QCM?s pellet plant, located in Port-Cartier, Quebec, produces up to 8.6 million tons of iron ore pellets annually. Four different types are produced: three for blast furnace operations and one for direct reduction furnaces. The paper presents the scientific approach that led to the installation of new process equipment to improve the reducibility of direct reduction pellets (DR pellet). The findings, the equipment selection and some post start-up modifications are presented. This low silica DR pellet is used in Midrex and HyL shaft furnaces. A good DR pellet has to meet strict chemical, physical and metallurgical specifications. An important metallurgical property is its ability to release oxygen when exposed to reducing gases. Considering that the market for DR pellets is expanding and being aware that reducibility is critical for our clients, a program to improve the latter was undertaken. Test work showed that one factor which has a negative effect on reducibility is the proportion of particles larger than 75 microns. Knowing that the best way to reduce the amount of coarse particles was to close our open grinding circuits, we began evaluating the most suitable classification equipment applicable to our process operations. We settled on hydro-classifiers based on their very sharp cut and their low operating costs. In light of the hydro-classifiers performance it was also decided to replace the hydro-cyclones of an already closed circuit.

May 1, 2003

By B. Panton, J. Carvalho, E. T. Brown

"A major consideration in the design of high capacity tiedown anchors for dam, bridge and tower foundations is the tensile resistance of the rock mass to pullout, typically as a result of overturning moments or hydrostatic uplift. Rock mass pullout capacity for installed anchors is developed from the tensile strength and fracture propagation properties of intact rock, the orientation and physical properties of the discontinuities and anchor confinement at depth. The typically assumed, but generally conservative, design approach is to calculate anchor pullout capacity using the dead weight of a uniformly shaped inverted “cone” with an assumed initiation point and breakout angle. In some cases, some tensile or shear strength is considered across the area of the assumed pullout cone, however, these strength estimates are based primarily on based on limited historic testing data, empirical relationships for rock mass strength developed for other applications, and engineering judgement.As an alternative to the current foundation anchor design method, this paper presents a new approach to the rock cone pullout problem using Discrete Fracture Networks (DFN) combined with numerical simulations. The simulations presented in the paper investigate the influence of fractures in a synthetic rock mass on ultimate anchor strength. In addition, the global influence on fracture network statistics on rock mass pullout failure is also discussed and it is contended that some of the aleatory and epistemic uncertainty inherent in the design of rock anchors can be reduced by considering fracture statistics in anchor design."

Jan 1, 2015

By Maurizio Violo, Arjan Beqiraj, Umberto Masi

"Abstract - Four main podiform occurrences of chromite have been distinguished in the ultramafic Bulqiza massif, Albania; they are associated from the bottom to the top with: i) basal harzburgites (lower tectonite sequence), ii) dunitic lens-bearing harzbugites (middle-upper tectonite sequence), iii) layered chromitite-bearing dunites of transitional zone, and, iiii) the stratigraphically lowermost part of the magmatic section. However, only the occurrences hosted by rocks ii) and iii) are economically important.Chromite compositions similar to those of other podiform chromites are bimodal. Thus, chromites from occurrences ii) and iii) are richer in Cr than chromites from the other two occurrences. Accessory chromite disseminated throughout the massif is richer in Fe than orebody chromite, displaying similar range of the Cr/Cr+Al ratios, with accessory residue chromite matching the characteristic (Cr/Cr+Al >0.6) range of type-III Alpine peridotites. Both orebody and accessory chromites show compositional ranges correlating with host-rock compositions, i.e., the Cr-rich chromites are hosted by the most refractory ultramafic rocks. Therefore, the Cr/Cr+Al and Mg/Fetot (Cr/Fetot) ratios of chromite are useful for exploration of high-grade, metallurgical chromite ore at Bulqiza and in other massifs of similar geodynamic setting."

Jan 1, 2000

"The South African Mineral Resource Committee (SAMREC), a Working Group of the SAMREC/SAMVAL Committee (SSC), under the joint auspices of the Southern African Institute of Mining and Metallurgy (SAIMM) and the Geological Society of South Africa (GSSA) developed the SAMREC Code. The Code sets out minimum standards, recommendations and guidelines for public reporting of exploration results, mineral resources and mineral reserves in South Africa. It is applicable to the reporting of all styles of solid mineralization or economic deposit. However, certain commodities, namely coal and diamonds, have specific additional reporting requirements. The Code does not apply to oil, gas or water."

Jan 1, 2003

By Masashige Makifuchi, Hiroki Kumakura, Kota Nagai, Takahiro Kikuchi

"A large amount of platinum group metals (PGM) are used in automobile catalyst. It is important to recover the metals from wasted catalyst. Nomura and Kageyama (2013) suggested recovery process that PGM oxides were absorbed to perovskite-type oxide based on LaScO3. In their process, the PGM in wasted catalyst as absorbed to the perovskite-type oxide as PGM oxide. It has potential to each element in the process if the perovskite-type oxide is selected properly. In this study, the PGM oxide absorption properties of various perovskite-type oxides are investigated to develop a new recovery and separation process. The various perovskite-type oxide were synthesized with metallic platinum, palladium, rhodium at high temperature in air atmosphere. And the PGM contents in the perovskite-type oxide after the experiment are determined by chemical analysis. Some of them have the properties to absorb specific PGM oxide selectively. In addition, in order to increase the amount of absorption of PGM oxide and composition of the perovskite-type oxide experimental temperature was investigated. Then it is also found that doping another specific element to the perovskite-type oxide is effective to increase the amount of absorption of PGM oxide. Then a new recovery process of PGM from wasted automobile catalyst, in which PGM can be separate to each element, was designed.INTRODUCTIONA large amount of Platinum (Pt), Palladium (Pd), and Rhodium (Rh) are used in automobile catalysis (Figure 1) (Platinum, 2013). Natural supplies for these metals are limited and PGM mining can detrimental environmental impact. Therefore, the recycling of PGMs from wasted automobile catalysis is very important. The Rose process (Figure 2) was developed as a process to recover PGM from wasted automobile catalysis. In this process, the automobile catalysis is first crushed mechanically, and then extracting agent, copper (Cu), and flux are melted at high temperature. The mixture separates into a metal phase, (Cu alloy containing PGM) and slag. The PGM is enriched by oxidizing. Cu to Cu oxide. The PGM are then recovered and separated to each element in a wet process. However, it is hard to dissolve the PGM with acid because they are chemically stable and strong oxidation agent such as aqua regia is used. Moreover, to separate the PGM to each individual element, a solvent extraction process is required."

Jan 1, 2016

By R. Krentz, P. D. Cordingley

The nickel-cobalt sulphides produced from limonitic laterite ores by Moa Nickel S.A. in Cuba are refined at the Corefco nickel-cobalt refinery in Canada. Major changes to the refining process were required when the Moa sulphide feed, with its unusually high cobalt content, was introduced in the early 1990's. In the period 1994 to 2005 the production capacity of the refinery has increased dramatically to match increases at Moa, and significant process improvements incorporated. The process flowsheet consists of the original ammonia leach process, optimized for cobalt chemistry and overall leaching capacity. Extraction of metal values is followed by the unique nickel-cobalt separation technology, in which most of the cobalt is separated from the ammoniacal nickel sulphate leach solution by precipitation as a nickel-cobalt hexammine salt. This salt is refined from a Co:Ni ratio of 1:1 to over 10,000:1 by selectively leaching nickel, redissolution and recrystallization in ammonium sulphate solution. Nickel and cobalt are recovered using the well-known Sherritt hydrogen reduction technology. This paper reviews the chemistry described above, examines some of the changes in operating conditions made over the years and highlights some of the recent physical changes made to the refinery.

Jan 1, 2005

By S. Demetrio

China has a traditional segment of Copper Smelters with its own Chinese technology, typically small in size from 20.000 to 50.000 tCu/a, and they are responsible for the processing and production of more than 600,000 tonnes of blister copper per year. For occidental experts, like one of the authors, it is not so easy to believe that they are profitable, because the size and the use of old Blast Furnaces, but they are with simple and effective production lines. The authors are convinced that China has a good alternative to improve theses old copper production lines with small innovative changes in its process arrangement, jumping to higher level technology, more efficient in production, productivity and cost, assuring copper as a raw material for the country and its high speed development. The key to improve that the traditional Chinese Copper Smelter is white metal as an extra raw material as a first step doubling the copper production from raw materials and the complete replacement of concentrates by white metal (WM) in a second step increasing it four times or more as the final goal. It is not so difficult nor expensive to make it happen, but there are a couple of questions for implementing this innovation in the copper smelter industry: 1 - Will the old fashioned mentality be open to this new direction for China being the biggest copper consumer on one side, and the biggest copper Primary Producers on the other hand? and 2 - Will they be open to follow this "win-win" strategic way for both ends of the copper market? We don't know if anybody will take up the challenge to improve it but our responsibility as a consulting expert and a university professor is to put the alternative on table for others to decide whether to implement it.

Jan 1, 2007

By A. Allaire

The Goldex operation of Agnico-Eagle Mines (AEM) commenced operations in the spring of 2008. Following some months of initial operation, the grinding circuit capacity was under-performing according to the original design throughput. BBA Inc. (BBA) was commissioned, in February 2009, to study the different options and recommend the quickest and most cost-effective solution to increase the grinding circuit throughput rate. The mandate was to increase the throughput of the grinding circuit to beyond the original design of 7,000 tpd to 8,000 tpd or greater, while retaining the existing SAG and ball mills. The circuit was modelled using JKSimMet software to evaluate the different options, each with a number of different operating parameters. The option of secondary crushing of the SAG mill feed was retained. Comparison of the different options and simulation outcomes, design of the secondary crushing circuit, operating conditions, and initial adjustments in the design and operating results of the new grinding circuit are discussed in this paper.

Jan 1, 2012

By W. A. Crosby, W. K. Smith, K. L. McDonald

"IntroductionThis paper describes how the introduction of two blasting techniques and the resuItant development of new dragline digging methods have increased the productivity of single- and double-seam dragline operations at the Rietspruit opencast mine.LocationRietspruit , one of South Africa's largest opencast strip mines, is situated some 11 5 kilometres east of Johannesburg in the Witbank coal field.BusinessRietspruit is a joint venture between Transvaal Consolidate d Land and Exploration Company (T.C.L.) and Shell, South Africa. Rietspruit is administered and managed by Rand Mines, the Mining division of Barlow Rand, transportation and marketing being the responsibility of Shell. The total saleable coal product, approximately 5,5 million tons per annum, is exported via Richards Bay.Presplitting and Throw BlastingPresplitting was initially introduced in September 1980, as a means of dewatering t he overburden and mid burden to facilitate the use of dry-mix explosives a s opposed to slurry explosives.The utilization of the throw blasting technique arose as a direct result of observed ground movement after the successful introduction of presplitting. The first trials commenced in March 1981 on the double-seam operation. The methods, economics and resulting advantages are fully described elsewhere. A brief description follows.Method of PresplittingAfter determining the desired presplit line, 250-mm holes are drilled to top of coal at 4-m to 6-m intervals, dependent on the competency of the rock overlying the coal. A single 60-kg charge of slurry explosives is located at the bottom of each hole, no tamping is used and all the holes are detonated simultaneously. The results are a competent, straight, vertical highwall. This enables accurate control of the first row of blast holes closest to the highwall, which is a prime requisite for successful throw blasting."

Jan 1, 1983

In this study, flotation of fine galena, chalcopyrite and pyrite was performed after grinding with different extent of oxidation-reduction condition adjusted by grinding media. Sodium dithionite and iron ions were added in mill to simulate pulp potentials and iron oxidation species produced by grinding media, respectively. The types and quantities of the metal oxidation species on mineral surfaces were determined by EDTA extractions, while the surface electrical properties of minerals and interaction of different types of metal oxidation species were studied by zeta potential measurements. It was found that the nature and concentration of the absorbed metal oxidation species were dependent on oxidation atmosphere controlled by the iron amount of grinding media. These species interacted with each other and had an important role in determining flotation of fine galena and chalcopyrite as well as activation of fine pyrite by lead and copper.

Jan 1, 2006

By A. Majumdar, B. Servière, H. Persson

The CCR refinery, which was built in 1931, treats both internal and third party copper anodes to produce 325,000 mt of copper as cathodes. These anodes contain high levels of impurities, such as Ni, As, Sb and Bi, that reports to the electrolyte during the refining step and need to be removed in order to maintain cathode quality and operating efficiencies. In the purification plant, the electrolyte is de-copperized via electrowinning in three stages. In the last stage, the copper content of the electrolyte is reduced to below 1 gpl in order to maximize the co-deposition of As, Sb and Bi with the Cu. This is accomplished with minimum arsine gas generation by using periodic reversal of the current and by controlling the final copper content of the electrolyte. Nevertheless, the possibility of exposure to arsine is treated as a major risk and controls have been implemented to reduce this risk. This paper describes the controls in place at the purification plant, which are being continuously improved through periodic risk assessments and audits. INTRODUCTION The CCR Refinery, which is a part of Glencore Canada Corporation and located in Montreal-East, Quebec, is a custom copper and precious metal refinery, with a capacity to refine 325,000 tonnes of copper anodes per year. Copper anodes are received from the Horne smelter in Rouyn-Noranda, Quebec, Altonorte smelter in Chile and other 3rd party smelters. CCR anodes are produced using the spent anodes from the tankhouse along with purchased spent anodes and copper scrap. The precious metal plant treats the tankhouse anode slime, purchased anode slime, precious metal ingots and Doré anodes from Glencore’s Brunswick lead smelter in Belledune, New Brunswick. CCR products include copper cathodes, silver and gold bullion, a platinum-palladium concentrate, selenium, tellurium dioxide and nickel sulfate. In 1975 an accident occurred at CCR where two employees were exposed to fatal levels of arsine emitted from the then existing purification cells. This process was therefore shut down immediately. Research and development work was then initiated to determine the optimum electrowinning conditions whereby arsine gas generation would be minimized while maintaining high copper and impurity removal efficiencies. It was found that the application of periodic reversal of current (PRC) during the last stage of electrowinning retarded the onset of arsine formation while at the same time allowing the copper concentration to be reduced to less than 1 gpl (Houlachi & Claessens, 1978). A new purification plant was designed based on the PRC technology and was started up in 1976. In addition to the use of PRC electrowinning, the new plant is located in a fully enclosed section of the tankhouse. A special effort was made to design a ventilation system to evacuate the acid mist in addition to any arsine gas. Arsine monitors were installed to measure the emissions from the stack along with arsine levels in the workroom. The arsine monitors and the ventilation system were interlocked with the rectifiers (Thiriar et al., 1983).

Jan 1, 2019

By E. Benguerel, G. Monteith, L. Centomo, S. Pelletier

In early 2007, it became apparent that with changing concentrate feeds, the magnesium (Mg) load projected for CEZinc starting in 2009 and beyond would quadruple and overwhelm the current Mg process bleed capacity. A project was started, following design for six sigma (DFSS) standards, to select both the optimal process and to evaluate its target capacity for the Mg bleed circuit. The economic and process risks of under or over-designing while Mg reduction efforts were underway at the mines also needed to be evaluated. This paper describes the project methodology, the impact on the plant, and some potential optimizations for CEZinc's basic zinc sulphate (BZS) Mg bleed process.

Jan 1, 2008

By B. Krysa, A. Mitsui, T. L. Koehler

The presence of arsenic, even at trace levels, in copper processing leads to the risk of arsine gas where reducing conditions exist that can reduce any soluble arsenic present to its minus 3 valance state and generate hydrogen gas from the solutions. This risk is understood to be significant within the industry, particularly in the case of liberator cells where copper concentrations in solution are drawn down to remove the copper and impurities from the bleed stream. However, there are numerous other potential areas where the arsine gas risk exists including contact between active metal such as iron, zinc or aluminum and arsenic bearing solutions in pyrometallurgical dust treatment, refining and acid plant operations. In turn this breaks down to different mitigating strategies dependent on the risk scenarios considered; for example, how this risk interacts with Change Management, Confined Space Entry or Contractor Training. The ISO 45001 is an emerging standard meant to improve employee safety, reduce workplace risks and create safer working conditions all over the world. The paper shows a case study of how a framework consistent with the tenets of ISO 45001 has been used to provide a consistent assessment of this risk for a wide variety of copper operations and the expectations of how this may be used to effectively improve the effectiveness of barriers against future incidents. INTRODUCTION Arsine gas (AsH3), first identified in 1775, is a highly poisonous, colorless, non-irritating gas with a mild garlic odor that is heavier than air. Arsine gas is generated when reducing conditions are generated in the presence of hydrogen ions and arsenic compounds. Present permissible occupational exposure limit as defined by Occupational Safety and Health Administration (OSHA) as an 8-hour time-weighted average is ppm (0.2 mg/m3). Further increasing the risk, conventional respiratory protection utilizing half or full masks with gas filtering cartridges provide minimal protection against arsine. In copper processing plants, the risk of arsine generation is well understood in liberator cells, which are part of the electrolysis process. In this process, solutions containing copper are reduced in copper concentration removing not only the copper, but also arsenic, antimony and bismuth. The residual solution can be bled to control impurity build-up in the refinery. In this process, if the copper concentration is reduced to the point where As3- can form, arsine gas is generated via reaction with hydrogen ions generated during the plating process. The copper concentration at which arsine gas is generated depends on copper concentration at the cathode surface, the temperature and the acidity. As a result, there is always a risk of arsine gas generation in the liberator cell. Process measures to minimize or mitigate arsine evolution are tight control on final copper concentration, warm temperatures, fresh feed distribution and internal acid recirculation rates. Operator exposure protection measures are hooding, ventilation, arsine detection systems, restricted personnel access, automated shutdown controls and pre-defined evacuation plans.

Jan 1, 2019

By C. R. Lattanzi, M. J. Davie, L. D. Smith, J. R. Goode

"The feasibility study determines the technical and economic viability of a project at the level of accuracy required by the owner to make an investment decision. The economic analysis usually includes calculation of the discounted cash flow. Key components of the cash flow include the project capital cost, the operating costs, construction schedule, production rate, product prices and financial details.This paper examines the feasibility study for a typical mining project. The paper discusses acceptable methods for the determination of the geological and mineable are reserves. The prerequisites for the development of suitable designs, and the calculation of capital and operating costs for the mine, processing plant, and infrastructure are reviewed. Important features of the cash flow analysis and its interpretation are presented.IntroductionThe commercial development of a mineral deposit invariably requires the investment of capital in preparing the deposit for production. It has always been necessary, therefore, to demonstrate to the investor of capital that production of a saleable commodity is both technically feasible and economically viable. The instrument typically used to make these determinations is the feasibility study .Traditionally, mining companies have been rather conservative in their approach to financial management. Until about thirty years ago, the capital required to develop a new mine was most frequently provided by internal corporate cash now and virtually all of the necessary technical and economic studies were performed 'in house'. Under these circumstances, there was little standardization as to what constituted an acceptable feasibility study, and even less as to what constituted an acceptable measure of economic viability."

Jan 1, 1991