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By C. Hsu

Underground coal gasification (UCG) is becoming more popular as the reserves of good quality, mineable coal are starting to diminish, and yet the global energy demand from coal is still increasing. The purpose of this research project was to investigate cavity formation within a coal block due to the combustion reactions in the context of UCG. The cavity plays a pivotal role in the UCG process, as it is essentially the gasification reactor. Cavity formation in an in situ gasification process using the forward combustion linking method (FCL) had been investigated, and a laboratory model was created to simulate the process. The experiment was performed by drilling a U-shaped tunnel into a coal block, which was then combusted internally with air that was fed through an injection hole. A heating element (at approximately 500°C) was used to supply the required heat for combustion at the base of the injection well. The coal blocks were analysed using micro-focus X-ray tomography. The tomography results showed that the coal tended to crack along the bedding plane after a short duration of combustion, due to either the formation of clinker or the expansion of swelling vitrinite along the horizontal tunnel. The deposit was thicker at the base of the injection well compared to the base of the production well; this may have been caused by the turbulence of the air flow and the relatively high oxygen concentration at the base of the injection well. A comparison of the results with work by Daggupati et al. (2010) showed the same trend, despite the slightly different methodology applied.

Jan 1, 2014

By V. Quezada, Á. Astudillo, L. Valásquez, M. Garcia

Seawater has become a viable alternative for different uses in copper hydrometallurgy. In this paper we review the main physical and chemical characteristics of seawater and how these influence copper production. Reliable data on the use of continental water are reported, and the current use and consumption of seawater in the Chilean mining industry is analysed, indicating the main areas of use and the main problems encountered. Additionally, the influence of the elements in seawaterthat have the most influence on the extractive metallurgy of copper are considered. The Chilean copper mining industry currently consumes approximately 4.1 m3/s of seawater, which corresponds to 25% of the total water used. The use of seawater for the leaching of copper sulphide minerals, such as chalcopyrite, is beneficial because it provides 20 g/L of chloride, thereby improving copper dissolution kinetics.

Jul 5, 2023

By W. H. Holtzhausen

The purpose of this project was to compare two underground, batch coal haulers ? battery haulers and shuttle cars ? in order to determine the more viable machine to implement. The specific standards for battery haulers were investigated and compared to the requirements of shuttle cars in order to identify the unnecessary expenses related to the legal requirements that are attached to the machines. Costs such as running costs, capital costs, and maintenance costs were researched and compared over a typical life of machine. Average production rates and breakdown times were obtained and used to determine which machine would be more reliable in achieving the required annual production.

Jan 1, 2014

By I. Mc Dougall

Water-cooled copper tap-hole blocks provide an effective means of extending the life of tap-hole refractories, as the lower temperature of the refractory material inhibits wear and other damage and promotes the formation of a protective frozen slag layer. This is particularly beneficial during prolonged tapping cycles. The copper block forms an integral part of the lining, and provides mechanical support to the refractory, facilitating rapid replacement of tapping channel bricks without disturbing the surrounding lining. Safety considerations are an important design factor, and the positioning of the water channels is optimized to prevent leaks although the copper is not in direct contact with the molten fluids during normal operation. Water-cooled copper blocks designed by Tenova Pyromet have successfully been utilized on metal, matte, and slag tap-holes for a number of processes, including nickel, platinum group metals, and mineral wool.

Jan 1, 2014

By I. Ngo, L. Q. Ma, J. S. Guo

Deformation of gob-side entries has always been a critical concern for ensuring stability in longwall coal mines. This paper addresses the significant deformation and support challenges that arise in thick and hard roof longwall faces (THRLF) due to dynamic pressure. The study aims to elucidate the characteristics and mechanisms of deformation during the retreat of the longwall face. The research findings indicated that the primary cause of deformation was the combination of advanced abutment stress resulting from longwall face mining and the movement of the lateral roof over the chain pillar. To mitigate this issue, we propose a deformation control method known as cutting off the lateral roof (COLR) over the chain pillar. Simulation results demonstrate a significant reduction in roof stress and deformation of the gob-side entry after implementing the lateral roof-cutting technique. These findings provide valuable guidance for effectively managing deformation in gob-side entries, particularly when dealing with thick and hard roof strata.

Aug 3, 2023

By R. H. Matjie, J. R. Bunt, A. C. Collins, J. C. van Dyk, C. A. Strydom

South African coal discards derived from feed coal for thermoprocesses pose human health and environmental problems and incur high disposal costs. These issues need to be resolved. Coal fines and a coal fines/ K2CO3 blend were combusted at 700°C in a laboratory rotary kiln to produce ashes containing metakaolinite (Al2O3.2SiO2) and illite/muscovite/orthoclase amorphous materials. The blend ash and coal fines ash, containing 18% K2O and <1% K2O respectively, were leached with water and with 1 M and 8 M NaOH at 80°C for 4 hours using a solid to liquid ratio of 1:5. The 8 M NaOH leach yielded 17% sodalite (Na8Si6Al6O24(OH)2) formation through SiO32-, Al(OH)4-, and Na+ precipitation in the leached ashes. The 1 M NaOH leach yielded no sodalite. X-ray fluorescence analysis of the original ashes and leached ashes showed low Al and Si dissolution efficiencies due to the sodalite formation. Sequential NaOH leaching resulted in the highest potassium dissolution efficiency of 89% for the ashes of fines/K2CO3 blend and 59% for the fines. It may be possible to increase the ash-derived zeolite concentration by using even higher NaOH concentrations (12–20 M NaOH) during leaching. Sodalite derived from coal ash could possibly be utilized for water purification in industrial applications, or as molecule separators. The potassium-containing liquid could be used in fertilizer manufacture.

Mar 30, 2023

By R. J. Quevedo, Y. A. Sari, S. D. McKinnon

The large scale of cave mines leads to many challenges, including operational logistics and geomechanics design. In current practice, pillar stability assessment relies almost exclusively on stress analysis. However, stability is also affected by other factors including those related to operational aspects of the mining method, the effects of which are difficult to account for during the design stages. In this paper we present a case study of the application of a machine learning approach to evaluate the influence of these operational factors on pillar stability at the Chuquicamata underground cave mine in northern Chile. Due to the likely multi-factorial damage process leading to collapses and considering the different pillar conditions, a tree-based machine learning method was used and analysed to improve the understanding of the relative importance of the various contributing factors. Unlike stress analysis methods, it does not require any a priori knowledge of failure mechanisms, nor the calibration of associated controlling parameters. The proposed random forest model predicted pillar collapses with 80% accuracy despite limited samples to model from. The main contributing factors to collapses were found to be related to available pillar volume, cave front geometry, and time under abutment stress conditions. The effects and interactions of such factors were also studied, showing that careful and improved control over operational conditions can significantly reduce the likelihood of pillar collapses. These conclusions could not have been obtained from stress analysis alone, illustrating the complementary nature of conventional stress analysis and machine learning approaches.

Mar 14, 2024

By S. Chai

Waste dumps are widely used to discharge stripped mine wastes in open pit mining methods. As mining progresses, the height of the waste dumps will increase gradually, which may induce sliding failure once the height exceeds a critical value. Therefore, estimation of the maximum dumping height is crucial to the life-cycle use of a waste dump. However, published information about the maximum height of mine waste dumps are extremely rare. In this study, the maximum dumping height is estimated based on the strength-reduction technique by numerical simulations. The influences of dump geometry and properties on the maximum height are investigated. The results show that the maximum dump height decreases as the dump slope inclination angle α or the unit weight of dump materials γ increases, but decreases when the shear parameters of dump materials (cohesion c and internal friction angle ϕ) increase. The maximum height starts to increase with the ground inclination β when shear failure occurs at the interface between the dump and the base. Furthermore the effects of the dump width B, Young’s modulus E, and Poisson’s ratio μ of dump materials on the maximum height are almost insignificant. Good agreement was found between numerical results available in the literature and those obtained in this study.

Oct 1, 2022

By T. N. Matveev, V. V. Getman, A. Yu. Karkeshkina, L. B. Lantsova, N. K. Gromova

Sulfide-type tin deposits in Russia are characterised by the complex mineral composition of ores and dump products of their processing. Tin-sulfide ores contain industrial quantities of copper, lead, zinc, tungsten, silver, rare and trace elements (indium, scandium, etc.). In addition, the ores are characterised by uneven dissemination of sulfide minerals (chalcopyrite, galena, arsenopyrite, etc.) and tin minerals (cassiterite, stannine, etc.). X-ray phase and spectral analysis, scanning electronic microscopy (SEAM), laser SIM and AFM microscopy helped to identify the selective fixing of sodium dibutyl dithiocarbamate (DBDTC) on chalcopyrite and galena, as well as the tall oil fatty acids (TOFA) and IM-50 on cassiterite. For the first time, collectors and flocculants of slurry fractions of silver and tin, thermomorphic polymers TMPF were used to isolate more than 80% silver from the tin tailings of the Solnechny mine into a copper-silver rough concentrate. It has been established that preliminary ultrasonic treatment and desliming according to the 0.02 mm class removes up to 20% of sludge material, which impairs the process of gravity separation. The combined flotation-gravity scheme using new reagent compositions helped to obtain tin concentrate with a tin content of 5.42%, which meets the requirements for further metallurgical processing (at least 5%). This work was supported by the RSF according to the research project No. 17-17-01292. Keywords: Flotation, flotation reagents, tin-sulfide ores, casiterite, adsorption, flocculation

Jan 1, 2020

By M. Mbonami, R. Pretorius, J. Miller, P. Kyony, B. Nel, N. Mautsa

Challenges due to the formation of stable froth in acid leach systems is common at many copper and Ccbalt producers. Stable froth affects downstream process, critical equipment, and operational parameters. In severe cases the froth present safety and environmental risks and increased operational costs. Solids reports in the pregnant leach solution, accumulates, and clogs launders resulting in a potential costly safety and environmental risk. Solvent extraction is operationally affected by crud formation, organic solvent and extractant losses, reduced mass transfer due to the solids carried downstream. This article reviews the generally inadequate mechanical and hydraulic solutions of froth elimination employed over the years. The recent introduction of a chemically based solution able to eliminate froth problems that can potentially turn around the situation for those who adopt the technology.

Jan 1, 2023

By M. Ataei, F. Sereshki, R. N. Masir

Given the inherent risks and disruptions in underground coal mining operations, strengthening the resilience of critical infrastructure has become a vital priority. This paper aims to evaluate the resilience of the underground coal mining environment using historical data and expert judgment. The study serves as a framework for optimising the utilisation of critical infrastructure to minimise operational disturbances. To achieve this, a practical methodology has been developed, incorporating nearly two and a half years of collected operational data, a hierarchical structure, and a systematic approach. Furthermore, a case study is conducted to demonstrate the real-world applicability of the proposed method. Finally, the resilience index isintroduced as a straightforward summation of ranked impact factors, providing a clear metric for resilience assessment.

Dec 15, 2025

By D. F. Malan, U. Du Preez, P. S. Heyns

South Africa has two main platinum reef deposits, namely the Merensky reef and the UG2 reef. These reefs are currently mined using traditional drilling and blasting methods. Mechanized cutting could potentially enable continuous mining, which would offer significant advantages. This would require thorough understanding of the cutability of the rock. To explore this, a linear cutting machine was developed to conduct laboratory scale cutting tests. This work describes the development and commissioning of the cutting machine using sandstone, as well as subsequent characterization tests on UG2 reef samples. UG2 reef has large variability in strength on a millimeter scale. This introduces uncertainty in the test results due to added variance from one cut to the next for the same UG2 reef sample. Another problem is the variability in rock properties of the UG2 reef, when testing samples from different mines. The cutting tests led to fine fragmentation, which is known to be a significant problem for cleaning operations in underground stopes and warrants further research. A finite element method simulation of the rock cutting was conducted using ANSYS LS-DYNA and the continuous surface cap model to simulate rock cutting in the UG2 reef. It was found that it is possible to use LS-DYNA with the continuous surface cap model to model rock cutting of UG2 reef and get acceptable results, but the user must calibrate the model parameters using the experimental results. Therefore, the model is only fit for one set of cutting parameters and further work is required to generalize results.

Nov 27, 2024

By N. Nišić, A. Cvjetić, V. Jovanović, D. Knežević, D. Nišić

The risks associated with operating water reservoirs and tailings storage facilities (TSFs) are different because of their different purposes, methods of construction and operation, and characteristics of the materials impounded and their flow behaviour. Regardless of the differences, these two types of structures are often put in the same category when it comes to risk assessment and the application of relevant methodologies, which may result in unrealistic outcomes. In this paper we investigate whether it is possible to apply the risk ranking methodology designed for water reservoirs to TDFs and overview the key differences between these two types of structures. We also provide a comparative analysis of the results obtained by conducting a risk assessment of the operation of a TSF, applying the method recommended by the International Commission on Large Dams (ICOLD), and analyse the results using the failure mode and effects analysis (FMEA) technique. It is concluded that a more realistic evaluation of risk levels can be obtained by adopting a systematic approach to risk assessment in accordance with the traditional risk definition on which the FMEA technique is based.

Nov 30, 2022

By G. M. Evans, S. Mitra, G. J. Jameson, M. M. Hoque, E. Doroodchi, R. Moreno-Atanasio

In this study, the detachment behaviour of 314 μm diameter silica particles from a single 3 mm diameter bubble rotating in a confined cavity connected to a cross-flowing water channel was investigated. The liquid cross-flow generated a rotating flow inside the confined cavity, which was quantified using 2D particle image velocimetry (PIV) measurements. The fluctuating (x-y) velocity components inside the cavity for each cross-flow velocity, U, were then used to estimate the corresponding time/volume average turbulence intensity values, Ti. Turbulence intensity ranged from 9.3-16.2%. In the absence of a bubble, the rotating vortex within the cavity created a pressure field which decreased towards the centre of the vortex; wherein the lowest pressure zone was located at the centre of the cavity. The vorticity into the cavity was found to increase with increasing the turbulence intensity. A bubble, both without and with particles attached, was introduced into the cavity under different flow conditions and its motion was tracked using the shadowgraphy technique. Experimentally, it was found that the bubble-particle aggregate was trapped at the centre of the cavity (low-pressure region) following a spiral trajectory. An interface resolved 3D computational fluid dynamics (CFD) model was developed to predict the particle detachment conditions within the confined cavity. CFDpredicted vorticity in the absence of a bubble agreed well with experimental observation. The CFD analysis indicated that the vorticity inside the cavity was not significantly changed when a single bubble was introduced. On this basis, the computed vorticity was utilised in describing the force balance applied to the attached particle. Computationally, it was found that the critical turbulence intensity, beyond which the particle was detached from the bubble, was 14%. This value was consistent with the experimental observation of detachment at Ti at 15.7%, and above, but not at lower values. Keywords: Bubble, particle, turbulence intensity, vorticity, particle detachment, CFD, PIV

Jan 1, 2020

By J. Moema, L. Mampuru, M. Phasha, D. Mkhonto

The global liquified natural gas (LNG) storage market size is projected to reach USD17.5 billion by 2025. Currently, owed to its high toughness, tensile strength, and excellent weldability, the 9% nickel steel is the most used in building infrastructure for cryogenic applications such as the construction of tanks and pipes for storage and transportation of LNG. However, this alloy is not readily available because of its complex production process and high cost. This provides an opportunity for suitable alternative materials to build infrastructure for cryogenic applications. Among strong contenders is the Fe-Mn based alloys, which have sparked global interest due to their desirable properties such as relatively lower density, low cost, high toughness and strength, due to a high manganese (Mn) content. These attractive properties render Fe-Mn based alloys preferred candidates to replace traditional steels in engineering applications in which strengthweight ratio is critical. In response, as a build-up to designing and developing austenitic Fe- Mn alloys, the present study employed density functional theory (DFT) based first-principles computational materials modelling technique to investigate the structural, thermodynamic, and magnetic properties of binary Fe-Mn alloy composition in competing FCC, HCP, and BCC crystal structures. Using this approach, it was possible to unravel the key underlying elastic properties that are directly correlated to experimental tensile strength and high toughness in binary Fe-Mn alloys. Besides successfully validating the existing experimental data, the current predicted properties and the deployed approach will serve as a benchmark from which further alloying required to improve other properties will be conducted.

Mar 4, 2025

By C. M. D. Majola, K. E. Langerman

Energy efficiency is a cost-effective way of both bolstering energy security and limiting the harmful effects of energy use on the environment. Mining is an inherently energy-intensive activity, and the 2008 revision of South Africa’s National Energy Efficiency Strategy (NEES) set a target of a 10% reduction in energy consumption by 2015 for the mining sector. In this study, we investigate the effectiveness of the NEES in improving energy efficiency in the South African coal mining sector by surveying energy intensity at a number of operations, and analysing energy efficiency trends and energy use by process and energy carrier at an underground coal mine in Mpumalanga. Most mines surveyed exhibit an increase in energy intensity over time. At the case study mine, the increase was primarily due to increased energy use in the beneficiation and discard reclaiming processes. Trends in energy consumption are a poor reflection of trends in energy intensity, as a decline in energy consumption is most easily achieved by reducing production. A more appropriate metric for energy efficiency at coal mines is energy intensity, defined as energy use per unit of saleable product, relative to a multi-year baseline. The evidence suggests that the NEES has been ineffective in promoting energy efficiency in South African coal mines. We propose that greater success could be achieved by monitoring and reporting on energy intensity at the process level, and by incentivizing energy efficiency gains.

Sep 6, 2023

By D. A. Cowen

Toll and custom treatment of base metal concentrates have been performed for decades as mines and concentrators are developed distant from capital and, energy-intensive smelting and refining facilities. Commercial treatment terms have been developed and refined for over a century, and are negotiated taking into account a complex array of quality and economic factors. Treatment of third-party concentrates in the South African platinum industry is a comparatively recent development, brought about by the opening up of mineral rights and operations being developed that are smaller than the critical size required to sustain capitalization of smelting or refining plant. Published commercial terms have not been demonstrated to reflect the complexities and subtleties of base metal concentrate markets. This paper outlines some key elements and parameter ranges of base metal concentrate treatment contracts, and applies similar principles to typical Merensky and UG2 platinum group element (PGE) concentrates to determine potential value distribution between the mining and treatment parties in tolling arrangements.

Jan 1, 2012

By P. Amponsah-Mensah

Dilution of ore has a major impact on economics of a mine. The magnitude of dilution depends on mining method, stope dimensions, reef and host rock quality, wall support and drilling accuracy. The main contributing factor is the presence of very weak graphitic shear band of varying thickness in and around the reef. The reef, at Obuasi, is generally steeply dipping and open stoping is the predominant mining method. The stability of the stope walls limits the stope dimensions. Various options for allowing larger stopes for higher productivity and limiting dilution are analysed. The most economic way is to reinforce the walls with systematic cablebolt supports. This option does not only add the support cost but also requires additional cost of access development. These conflicting requirements are continually being optimised at the mine for the economics of dilution control. La dilution du minerai à un impact majeure sur l’économie d’une mine. La quantité de matériel diluant le minerai dépend de la méthode d’extraction, de la dimension des chantiers d’abattage, de la qualité du filon et de la roche mère, du support des épontes et de la précision du forage de production. Le facteur principal qui contribue à la dilution est la présence d’étroites zones cisaillées qui contiennent du graphite ayant différentes épaisseurs à l’intérieur et autour du filon. Le filon, à Obuasi, est généralement à fort pendage et la méthode d’abattage principale est par chantier long-trous. La stabilité des épontes est le facteur qui détermine la dimension des chantiers d’abattage. Differentes options ont été analysées de façon à permettre de plus larges chantiers de manière à augmenter la productivité tout en limitant la dilution. Le moyen le plus économique est de renforcer les épontes avec des cables d’acier cimentés forés de façon systématiques. Cette option n’augmente pas seulement les coûts de support mais aussi les coûts de développement. Ces besoins contradictoires sont continuellement revisés à l’opération afin d’optimiser l’économique par le contrôle de la dilution. Verdünnung des Erzes hat eine spürbare Auswirkung auf die Ekonomie einer Grube. Die Größe der Verdünnung hängt von gewinnenmethode, von den Stopemaßen, von der Reef- und Wirtsfelsenqualität, von der Wandunterstützung und von der bohrengenauigkeit ab. Der beitragende Hauptfaktor ist das Vorhandensein einer sehr schwachen graphitic Scherbandes unterschiedlichen Stärke in und um der Reef. Der Reef, bei Obuasi, taucht im allgemeinen steil ab und geöffnete Aufstemmung ist die überwiegende gewinnenmethode. Die Stabilität der Wand begrenz die Stope grösse. Verschiedene Wahlen für das Erlauben der größeren Stopes für höhere Produktivität und das Begrenzen von Erzesverdünnung werden analysiert. Die ökonomischste Weise soll die Wände mit systematischen Kableankerbolzenunterstützungen verstärken. Diese Wahl addiert nicht nur die Kosten der Unterstützung aber erfordert auch zusätzliche Kosten fuer Zugangsentwicklung. Diese kontroversen Anforderungen werden fortwährend an der Grube analysiert um die Verdünnungkontrolle zu optimieren.

Jan 1, 2003

By C. Birch

"The purpose of this study was to establish the impact of discount rates on cut-off grades for narrow tabular gold deposits as characterized by the goldfields of the Witwatersrand Basin in South Africa. There are various methods available for determining the cut-off grade, from simple breakeven calculations to sophisticated software packages that consider a variety of inputs to optimize the cut-off grade. For this study a simple financial model was created in Microsoft Excel® that links the ore flow, block listing, and the cash flow. This allows the cut-off grade to be optimized considering how the cost of capital and chosen discount rate affect the cash flow.The discounted cash flow (DCF) and resultant net present value (NPV) are a widely used valuation method for production properties according to the South African Code for the Reporting of Mineral Asset Valuation (SAMVAL Code). The financial model in this study utilizes the Solver function, as well as simple Microsoft Excel spreadsheet formulae to optimize the NPV. Solver was chosen as it is a standard feature in Excel and thus no additional software costs are incurred beyond the basic Microsoft Office suite. For the purpose of this study, just narrow tabular gold deposits of the Witwatersrand Basin were considered. An example of a typical ore block listing, as well as the costing figures, was obtained from an operating gold mine. The results obtained from the study financial model were compared to the current cut-off grades obtained from the mine using their proprietary optimizer program, and were found to be comparable. The methodology utilized for this study thus appears valid.The cut-off grade was optimized considering the cash flow, which includes the variable mineral resource royalty tax, the variable gold income tax, as well as the discount rate. By comparing the resultant NPVs using discount rates of zero, 9%, and 12%, the impact of the discount rate on cut-off grades, resultant life of mine, and average mining grades (AMG) could be compared for the example ore block listing. The South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code) does not require operations to state if a discount rate was considered in determining mineable reserves. Mining companies approach the question of applying discount rates in determining their cut-off grades, and thus mine planning strategy, in different ways. Due to the negative impact that optimizing purely on NPV has on the life of mine, some choose to optimize only on profit. Other companies have reverted to utilizing pay limits as their primary grade planning strategy. The calculated cut-off grade is then considered to be another planning indicator rather than a hard determination of mineable reserves."

Jan 1, 2016

By P. J. H. de Graaf, S. D. N. Wessels

"Rio Tinto’s Western Australian expansion, combined with mining within structurally complex geology and increasingly below the water table, presents challenges in effective slope management to ensure safe and economic mining.The Geotechnical Management System (GMS) was developed by Rio Tinto Iron Ore (RTIO) to manage geotechnical risks identified during the design process and implementation, and to ensure feedback based on the ‘as-found’ conditions. The GMS utilizes a risk-based approach to geotechnical risk management and is centred on the geotechnical risk and hazard assessment management system (GRAHAMS). GRAHAMS is used to assess pre- and post-control risk for future potential risks (planned slopes), current risks (as-built slopes), and actual geotechnical hazards (realized risks) identified in the pit. This serves as a core operational risk management tool in identifying and prioritizing key risk sectors and management of critical controls. The system’s database reporting functionality supports effective communication of operational risks to operational personnel, as well as reporting the risk profile across operations to management.A rigorous engagement process between design engineers and sitebased engineers is implemented to ensure that key design assumptions, limitations, risks, and opportunities are understood by the site teams. This information, together with mine plan schedule details, is used to assess the design risk and develop appropriate controls. These controls typically include slope performance monitoring and slope reconciliation. The design feedback loop is closed through sharing of key slope performance and reconciliation data with the design teams.The GMS has been successfully implemented in RTIO pits and is fundamental to successful geotechnical slope management. Improved characterization of design assumptions has allowed for re-assessment of the pit design and improved hazard management in high-risk pits. The GMS, GRAHAMS, and other processes reduce the incidence of unexpected slope instability. Improved understanding of rock mass conditions has allowed for economic optimization through redesign of slopes, allowing for an improved understanding of risk and fewer unexpected conditions (surprises), hence an increased realized value."

Jan 1, 2016