Search Documents

By Gary P. Thomason

We have all heard a great deal about how various projects were financed or certain companies were successful in obtaining a bank loan. There are many more projects and companies who fail to get the money they need. At least a portion of these failures, and a large percentage of the frustrations connected with even the successful financings, are a result of not understanding the process of obtaining money. Recent years have seen a proliferation of sources available to finance minerals operations, but let me assure you that these represent only a minor portion of the minerals financing market. The fundamental source of borrowed money to almost all minerals related companies remains the banks. Therefore, understanding the "Loan Approval Process" can easily mean the difference between getting the money or not. In the following pages I hope to provide some insight into what I define as the loan approval process. Having pre-offered my definition, I intend to delineate the various stages of the process and the planning and information I believe should be contained in each. My ultimate goal is to help you think like a banker and, in so doing, stay on top of the process so that you can successfully obtain the funding necessary for your projects.

Jan 1, 1983

By Jenna Wundrack, Evan Thibaud

The advanced cryogenic treatment is a post-manufacturing metallurgical process that involves subjecting off-theshelf materials to extremely low temperatures, significantly improving wear resistance and reliability. These case studies explore whether the claims of Enrich Bits & Tools benefit metals and their specific in-field application to drill bits in the blasting industry. This paper reviews the application of the treatment to button drill bits for enhanced wear resistance in two operations. The first is a civil construction project with highly abrasive rock. To confirm the remarkable benefits of the treatment, a second case study was performed. This case study utilized measure-while-drilling technology in consistent rock characteristics to reduce variables in the field study.

Feb 1, 2024

By Yoginder P. Chugh

The control of soils has been found to be one of the highest priority factors influencing the return of reclaimed prime farmland to production. The compaction of soil is primarily a result of the movement of high ground pressure wheel scrapers and dozers over soils during the soils replacement and regarding process and occurs to a maximum depth of about 1.2 m (4 ft) The deleterious effects of soil compaction can be controlled by deep soil loosening to a depth of 1.2 m (4 ft). Most farm tillage equipment can only loosen soils to a maximum depth of 0.33 m (1.0 ft). Deeper soil loosening equipment, in the 0.33-1.2 m (1.0-4.0 ft) range is currently avail- able in the U.S. and abroad which may have potential for application on reclaimed prime farmland. This study has appraised such available equipment and the results indicate that a few manufacturers in the U.S., West Germany, and England market static and vibratory soil loosening equipment which have potential for deeper soil loosening of reclaimed prime farmland.

Jan 1, 1985

By C. H. Perbix

[On Pier D in the Port of Long Beach, California, the Port of Long Beach has built a new bulk cement distribution terminal. The facility is operated by Pacific Coast Cement Corporation, who designed the complex and leased it from the Port of Long Beach on a 40-year lease. At one bulk cement is unloaded from vessels carrying from 12,000 to 30,000 t. The unloading is performed with pig speed mechanical unloading equipment and delivered into a concrete silo complex with, a capacity of 50,000 t. From the silos, bulls cement is loaded into trucks for delivery. The facility was completed in September 1981.]

Jan 1, 1983

By H. C. Siebert

According to the "Survey of Energy Resources 1980" (1)*, which was prepared by the Federal Institute for Geosciences and Raw Materials in Hannover (FRG)for the World Energy Conference 1980 in Munich, the world coal deposits are assessed at 775 billion tce proven reserves 448 billion tce of them recoverable and 6 161 billion tce additional resources. If one ignores growth rates, the current world coal output of 2,8 billion tpy gives our recoverable reserves a static life expectancy of 175 years. With an average increase in world output of 3,2 % like between 1973 and 1980 this range would be further shortened to an alarming degree. Furthermore, the criteria used to distinguish between workable and unworkable resources give rise to the suspicion that deposit characteristics are not always taken into account to a sufficient degree. For example, little attention is paid to major ?Bonitaet" - factors such as dip and seam thickness. There have been wide-ranging scientific discussions on the lower limit for workable coal resources, but no such limits have been set at the other end of the scale. Otherwise it is well known that performance and costs are badly affected den in level and moderately inclined seams the seam thickness is more than 4 to 5 m, because special mining methods have to be used beyond this limit. These are associated with significantly higher costs than with the winning of seams of ?normal? thickness.

Jan 1, 1985

By D. C. McLean

One of the few innovations in hydrometallurgy in recent years has been the utilization of the chemistry of basic iron sulfates called jarosites. These have been used to make iron-zinc separations in the processing of zinc concentrates and are a very important factor in both the Duval and Cymet copper chloride processes as a means of preventing iron build-up in the closed leaching circuits. Copper oxychlorides are kindred compounds in that they are insoluble basic salts that form at low pH (1.5 to 3) and precipitate selectively from many base metal solutions. They have been reported in the chemical literature as far back as 1860, and a few of them are known in their mineralogical forms (particularly atacamite) usually as nuisance minerals because of their chloride content. Several patents describe their synthesis and use as fungicides and insecticides, and papers have discussed their formation as corrosion pro¬ducts on copper and brass piping (14).

Jan 1, 1979

By Margaret Armstrong

The increasing cost of developing new mines and the need to mine more marginal deposits have led mining companies to use more sophisticated estimation methods such as kriging. But until recently, coal mining companies have shown little or no interest in these techniques. However, the stringent quality controls which are now placed on coal have led to a surge in interest in improved estimation methods. This can be seen from the -, number of research projects by private companies and governmental agencies on the application of geostatistics to coal reserve estimation. At present, most of these programs are centered on the problem of estimating the tonnage and the average grade (i.e. ash percent, sulphur content, calorific value, etc.) of the coal in-situ. See, for example, Sabourin (1975), Woods (1976, 1979), Pauncz and Nixon (1979) and Armstrong (1980). These studies show that the established techniques of linear geostatistics can be applied successfully to coal deposits. The study by Woods is particularly interesting because he had access to the actual production figures as well as the initial sample data from the no 2 seam in the Greenside Colliery owned by the Anglo-American Corporation. He showed that the estimates obtained by kriging were consistently closer to the actual production figures than those given by three other estimation methods. This confirms the superiority of kriging as a method of estimating block values for coal. Another advantage of geostatistics is that it can be used to determine the optimal spacing between drill holes. An example of this is given by Armstrong for the coking coal deposit in the Bowen Basin, Australia.

Jan 1, 1981

By Frank C. Appleyard

As the environmental movement gained force during the past few years, it was inevitable that attention would be focused on surface mining, and we have seen this method of extracting minerals from the ground come under heavy attack by conservation groups, the press and television, legislators at all levels of government,, and the public at large. It is difficult, and in some situations, perhaps impossible, to measure either the need for, or the results of, land reclamation in absolute terms. Therefore, much of the criticism of surface mining has been based upon subjective analysis rather than hard data, with the result that discussion of the subject often includes a fair amount of emotional response. To be fair, this reaction is not limited to just our critics; even we hard headed engineers sometimes respond in the same way, an observation with which you may agree when I finish this talk. This leads to the thought that whether you are for it, or against it, land reclamation in many respects is a state of mind. That is, our reaction to it can vary considerably, depending on how far we have thought it through. And think it through we must, because the pressures being brought to bear need to be met with positive actions if the problem is to be brought under control, and in the next few minutes I would like to discuss from a management point of view some ideas which might aid in this thinking process. It would be a mistake, I believe, to think that the current energy crisis will suddenly bring the environmental movement to a stop, and therefore, we can relax and go back to running our busi¬ness the way we used to. This is not realistic; on the contrary the energy crisis is focusing attention on the limitations of our natural resources as nothing else could, and with respect to land

Jan 1, 1974

By S. Klein, M. McLeod, K. Johnson

The East Bay Municipal Utility District (EBMUD) delivers water to the San Francisco Bay Area through an aqueduct system extending from the Sierra Nevada Mountains to the East Bay. This aqueduct system, the Mokelumne Aqueducts, are comprised of three 82-mile long steel pipelines. The portion of the aqueducts crossing the Sacramento-San Joaquin River Delta is recognized to be vulnerable to seismic and flooding hazards. Previous studies evaluated alternatives for mitigating these hazards and increasing the reliability of the aqueducts for the next 100 years. The preferred solution involves construction of a 16.5-mile tunnel across the Delta and re-routing the existing aqueducts through this tunnel

Dec 1, 2022

By Lawrence Pelham

The demand or consumption of fluorspar has been somewhat taken for granted in recent years, except for the specific interest of those that produce, market, and/or consume the commodity. A tradition was established of thinking that as the steel and aluminum industry goes, so goes fluorspar. This is much less true today than in the past. The industry is becoming more dependent on chemical industries that feed primarily off hydrofluoric acid (HF) production. The Bureau of Mines recently published an assessment of world fluorspar reserves and resources that created a foundation of valuable data that can be used to monitor fluorspar availability. Celebrations were held this year commemorating the 100th anniversary of the isolation of fluorine. The United States and other countries continue to struggle with the controversy of ozone depletion and the effect of fluorocarbons on the atmosphere. The goals for the U.S. Government's strategic stockpile are being reevaluated. The market for fluorine chemicals is changing and diversifying, making it a challenge to assess and forecast fluorspar/fluorine demand. This paper reviews the recent past of fluorspar and helps set the stage for a more detailed assessment of this critical commodity.

Jan 1, 1986

By M. Laliberte

"Gold-mine effluents are often characterized by high concentrations of copper, ammonia and cyanide derivatives (mostly cyanates and thiocyanates). While not acutely toxic to birds, this water can be acutely toxic to fishes and invertebrates. In many jurisdictions, the effluent requires further treatment in order to pass a mandatory requirement to be nonlethal to species like the rainbow trout (Oncorhynchus mykiss) or Daphnia magna. Using actual mine water, it has been demonstrated that aerated moving bed biofilm reactors will biodegrade the ammonia, cyanides, cyanates and thiocyanates, thereby removing the toxicity associated with these components. By removing copper by precipitation the water can be made to pass acute toxicity tests. Tests have demonstrated that the process is stable between 4 and 25°C, with no significant changes in the treated water composition. Once the biomass is acclimatized, the process is resistant to upsets and requires very little inputs except for phosphorus and air. Furthermore, it has been demonstrated that an anoxic reactor can be added downstream of the aerated reactors to remove nitrates if required.IntroductionThis paper will demonstrate that gold-mine effluents, which are toxic to fishes and invertebrates, can be made nontoxic by using a combination of chemical precipitation and biological oxidation.The typical composition of gold-mine effluents will first be described. The applicable legislation will then be introduced, with its requirement that the treated effluent be nontoxic. The toxicity of a typical untreated effluent will then be confirmed, and the sources of the toxicity identified. After that, a number of toxicity reduction treatment methods will be presented, and the selected method will be described.The lab tests that confirmed the efficiency of the treatment method will be presented, with three phases of testing as the understanding of the process gradually improved. Toxicity test results showing that the water is nontoxic after treatment through the temperature range will be presented."

Jan 1, 2015

By Neil B. Prenn

Mine Development Associates, Inc. was formed in March of 1987 to provide mine engineering assistance to the mineral industry. To be competitive with other firms, Mine Development must be able to provide quick and accurate ore reserves and mine plans for clients. Commercially available mining software was necessary for Mine Development to assist the client. This paper describes how Mine Development chose mining software, the time involved in getting up to speed, and several case histories of how the software is used. The case histories discussed include: * 3,000,000 ton gold deposit in Nevada. * 5,000,000 ton gold deposit in South Dakota. * 1,000,000 ton gold deposit in Australia. * +100,000,000 ton gold deposit in Nevada. * 25,000,000 ton carbonate deposit in California.

Jan 1, 1989

By Chee Theng

"So many talks, so little time.One of the toughest challenges associated with attending the SME Annual Conference and Expo is deciding how to allocate one’s resources. After accounting for keynote and plenary sessions, committee meetings, networking events, luncheons and exhibits, attending even one of the 109 technical sessions and more than 600 technical paper presentations can be a labor of love. Many, however, managed to make it to many of the sessions, including the mineral and metallurgical processing technical session on solvent extraction, ion exchange and electrowinning.At one point, that room was seated to near capacity, with a considerable number of the audience members standing by the walls at the back. Brittany Valera of Freeport-McMoRan Inc. was one who came early and enjoyed the session in its entirety. "Everything was pretty exciting," she said. "I really liked the modular plants. I think the future of mining, just like what we talked about in there, lies in thinking about things like remote locations, lifetimes of plants, anything that would be reusable and sustainable; and lower-cost and user-friendly would be really beneficial."Michael Moats, associate professor of metallurgical engineering at Missouri University of Science and Technology, started off the session by presenting on behalf of post-doctoral student Alex Luyima, who, like many before him, had been snapped up by industry and is now working for a secondary-metals refining company in Texas. Their team studied the nucleation and growth mechanism of copper on stainless steel from synthetic acidified copper sulfate in the absence and presence of chloride ions and three commercial organic additives: Hydrostar 4208, DXG-F7 and Cyquest N-900. Currenttime data were analyzed using known models, with reference to scanning electron microscope images. Good agreement was achieved between the models and SEM micrographs of deposits at a commercially relevant current density of 30 mA/ cm2. The addition of 20 mg/L chloride was found to increase the size and reduce the number of nuclei. The addition of 2.5 mg/L of each additive did not change the mechanism, but all three reduced the size and increased the number of nuclei, leading to more uniform coverage of the substrate with smoother deposits produced in twohour electrowinning experiments. N-900 had the best deposition coverage while DXG-7 was the easiest to dissolve."

Jan 1, 2014

By K. V. Raj, C. A. Berry, A. T. Weakley, A. L. Miller, P. R. Griffiths, D. A. Parks

Diesel particulate matter (DPM) has been classified as a carcinogen to humans by the International Agency for Research on Cancer. As a result of its potential carcinogenic nature, DPM exposure is regulated by the Mine Safety and Health Administration. Currently, diesel emissions in the workplace are monitored by collecting the aerosol onto filters, which are then sent to a laboratory for thermal-optical analysis using the NIOSH method 5040. This process can take days or even weeks, and workers can potentially be exposed to excessive levels of DPM before the problem is identified. Moreover, the delay involved in getting the loaded filter to the lab inevitably means the loss of some of the more volatile organic carbon. To remedy this delay, researchers from the National Institute for Occupational Safety and Health are seeking to develop a field-portable, real-time method for measuring elemental and organic carbons in DPM aerosols. In the current study, the use of mid-infrared spectrometry was investigated. It is believed that mid-infrared spectroscopy is more suitable for use in a real-time field-portable device than thermo-optical analysis methods. This article presents a method for measuring organic carbon (OC) and elemental carbon (EC) in DPM for a broad range of OC/EC ratios. The method has been successfully applied to laboratory-generated and mine samples.

By W. C. Shanks

Metalliferous sediments and/or saline brines have now been discovered in numerous sea floor deeps along 900 km of the axial rift zone of the Red Sea (Fig. 1). The Atlantis II Deep remains the most interesting of the the brine deeps both in terms of intensity of submarine hydrothermal processes and in terms of potential economic importance. In fact, successful completion of a pre-pilot mining test in 1979 indicates that the Atlantis II Deep may become the first deep sea base metal sulfide mine (Mustafa and Amann, 1980). Under the most optimistic scenario, the Atlantis II Mine might be established 4-6 years after completion of a year long pilot mining test in 1983-84. If established, mining would produce about 100,000 tons per day of wet mud with about 200 tons per day contained zinc, and proportional amounts of Cu and Ag. Expected mine life would be about 15-20 years (Anon., 1981). In addition to direct economic importance, the Red Sea brines and metalliferous deposits provide significant insight into exploration for sea floor brine-related ore deposits and for analogous ancient deposits. In this paper I will concentrate on the economic potential of Red Sea deposits and sea floor exploration for brine related deposits, but some ramifications of relevance to ancient deposits are extant.

Jan 1, 1982

By John A. Wolfe

The concepts of sea floor spreading and plate tectonics provide more logical explanations of some geologic processes than were possible a few years ago. I plan to premise my discussion of the regional features of Philippine porphyry copper deposits on this tectonic basis, recognizing that parts of the picture can be explained in other ways, but in the belief that this is the best explanation of the whole. The sequence of events which results in the formation of Porphyry deposits (Figure 1) can be summarized as the result of collision of crustal plates, subduction of the oceanic plate, emplacement of a serpentine ultrabasic diapir, formation of a dioritic magma at depths of 300 to 500 km, rise of the magma to a sub crustal or intra-crustal chamber, eruption of andesitic volcanoes, emplacement of diorite or differentiation of the magma into more acidic products, multiple intrusion of hypabyssal rocks and hydro-

Jan 1, 1973

By N. Sheikh

In galena flotation, lead ethyl xanthate, Pb(EtX)2, is precipitated and is physically adsorbed in the form of multilayers on the chemically adsorbed first layer of Pb(EtX). 1,2) The solid particles are coated with layers of Pb(EtX)2 in heterogeneous manner over surface areas possessing both anodic and cathodic character (3,4) It is anticipated that the mode of formation of Pb(EtX)2 and the number of ions present, together with stable or unstable by-product species, have great influence on the surface characteristics of galena. The information obtained from a study of these parameters may have important practical applications in flotation. Lead ethyl xanthate is sparingly soluble in water. The metal and xanthate ions released to the aqueous solution during its dissolution undergo various types of reactions depending upon the pH values of the system. Extensive work (5,6) has been carried out to elucidate the mechanism involved in acid decomposition of xanthate ions. Different decomposition paths (7,8) have been proposed for the hydrolytic decomposition of xanthate in neutral and alkaline solutions, The concentrations of lead ions vary due to a number of chemical reactions, regulated by the pH and the temperature of the bulk phase. The hydrophobic character of Pb(EtX)2 may change with the nature of chemical reactions. Some of the numerous by-product species in solution may adsorb on the solid and change the properties of surface film either favourably or adversely. The flotation performance of galena, therefore, may depend to a considerable extent on the physical and chemical stabil¬ity of Pb(EtX)2 layers. Since little work has been reported in literature dealing with the stability of Pb(EtX)2 and its correlation with the flotation of galena, attempts have been made In this study to evaluate the behaviour of freshly formed Pb(EtX)2 in aqueous systems at various pH values.

Jan 1, 1971

By W. M. Houston

Pebble phosphate deposits of Florida have been established from south of Hardee County to north of the Georgia state line or a distance of over 200 miles and mining has been carried out in an ever-increasing scale since 1885. Deposits that can be mined on the economical standards of today, however, are confined in a roughly circular area about 30 miles in diameter, generally within Polk and Hillsborough Counties, in the central part of the State. The phosphate deposit, which is in the Bone Valley formation of the Pliocene age, is covered by Pleistocene terrace deposits of unconsolidated quartz sand. The matrix is composed of approximately 1/3 clay slimes, 1/3 silica sand and 1/3 phosphate pebbles. The phosphate occurs usually as rounded pebbles, ranging in size from about 1 inch down to approximately 400 mesh. The phosphate may vary from well- defined hard pebbles to soft weathered rock. The color and character of the phosphate will range from smooth buff pebbles to black and white or "salt and pepper rock." The screen size distribution varies considerably between locations and the recoverable phosphate varies may extend down to the 400 mesh size in some areas, while in others the phosphate may cut off sharply at about 35 mesh.

Jan 1, 1962

By A. F. Peterson

There is no single mining problem at Benson that does not exist at some other mine. There are four, however, that require special attention primarily because they occur together and have an influence on each other. These are the nature of the mineral occurrence, the shape of the ore body, the operating schedule, and the climate. It is the purpose of this paper to describe mining practices in relation to these four factors. Iron ore was first noticed in the Star Lake area early in the nineteenth century. Prior to Jones and Laughlin leasing the facilities built by the Defence Plant Corporation, several companies tried to mine the ore body but gave it up as uneconomical. While there is a little high grade (40%) magnetite, most of the ore contains 20 to 25% iron and not enough was known prior to World War II to design a profitable operation. By 1943, and certainly in the years that followed, technological developments in ore dressing and mining not only put the magnetite into the category of a commercial ore, but made possible the concentration of the non-magnetic iron mineral, martite. This last development nearly doubled the ore reserve. Jones and Laughlin bought the DPC holdings in 1946 and has since expanded the plant to its present capacity of 4,400 gross tons of concentrates daily or 1,600,000 gross tons per year. Magnetite makes up 62% of this production at the present time, but it will be necessary before long to bring martite production up to about 45% of the total because of the ratio of the two ores in the reserves. To keep the plant supplied, 14,000 to 15,000 tons must be mined and crushed daily, with a ratio of concentration that varies from 2.8 to 3.4. The ore body is 12,000 feet long and varies in width from 600 to 1,500 feet. The waste rock is, for the most part, a granite gneiss, and the overburden, of which little is left, is a glacial drift sand. For the entire reserve, there is a half ton of rock for every ton of concentrate, but the stripping ratio is more than one to one at present because of the existence of more rock in the upper mining levels in relation to the ore. The dirt stripping or development work that cannot be handled by company facilities is contracted to an outside firm. The need for this diminishes every year and will soon disappear. The deposit looks like a "J" in plan, with the long leg running approximately north and south and the short leg to the west. The primary crushing plant, consisting of a 54" gyratory followed by two 18" gyratories and a 1,500 foot conveyor belt to the fine crushers, is located on the third level where the long and short leg of the mine meet. The widest part of the pit lies just the north of the crusher. The mine is operated on a lease that expires in 199l0 There are two fee owners, the Benson Iron Company, which owns slightly overhlf of the reserves, and the Newton Falls Paper Company, which owns the balance. There is no appreciable difference in the mining on the two fees, so the ore is removed in strict proportion to calculated reserves during each year. Basic mining equipment consists of eight 45 yard electric shovels, a fleet of twenty-five 22 ton end dump trucks, eleven churn drills for nine inch blast holes, and two small percussion drills for four to five inch holes, There are the normal auxiliary items, such as dozers, graders, wagon drills, and two drop-ball cranes. Power is purchased and, where practical, is used at 4100 volts. Pit drainage pumps can handle a maximum of 11,500 GPM from the several sumps, but water is a problem only during the spring or when a sudden thaw follows a heavy snowfall.

Jan 1, 1958

By Frank McKinley

This paper discusses the basic requirements covering the area between the initial discovery of a deposit and a decision as to whether or not the deposit will support an economically sound mining venture. The procedure for gaining the necessary information and the sequence of steps is in .some respects parallel to gaining like information on deposits other than the sand type. For the sake of simplicity the stages and sequence are presented as follow: first, the initial reconnaissance drilling; second, the exploration drilling to permit initial ore body estimates; third, metallurgical testing; fourth, the estimate of plant and operating costs; and last, the economic balance. The objective of the reconnaissance drilling is to collect sufficient information to reach a decision as to the advisability of further exploration or the abandonment of the area. This initial phase will comprise, in addition to some drilling, a thorough reconnaissance of the area, a study of the best geological and topographic maps of the region, and a study of any literature available, all under the guidance of a geologist.

Jan 1, 1958