Search Documents

By J. R. Pronovost, P. M. Tiley, D. W. Watts

"In 1980, J.S. Redpath Limited were retained by Dickenson Mines Limited to increase hoisting capacity from 700 to 1000 tons per day. The hoisting capacity of the present skip-over-cage system could not be increased significantly through design modifications. The other constraint was a minimum of disruption to the current production. The Dickenson shaft was a three-compartment shaft from surface to the 8th level and four compartments before the 8th to the 23rd level. The solution to the problem was to remove the services from the shaft man-way compartment from the 8th level to surf ace by drilling a borehole close to the shaft and rerouting those services through the borehole to the 8th level. A service compartment would then be available from surf ace to the 23rd level.By providing a service hoist in this compartment, the skip hoist would then be free to produce the 1000-tons/day required production. This paper will describe the search for the required hoist and the friction hoist selected for the project, and trace the design modifications required to modify the hoist to suit the Dickenson application and satisfy the Department of Labour safety requirements.The paper has been co-authored by J.S. Redpath Limited and C.L. Tiley Associates, who participated in the design changes and eventual commissioning of the hoist.IntroductionIn the earl y part of 1980, J.S. Redpath Limited conducted an engineering study on the Dickenson Mines Limited No. 1 Shaft materials handling system. The object of the engineering study was to investigate the possibility of increasing the tonnage hoisted from the No. 1 Shaft complex by adding a service cage compartment and service hoist. This would permit utilization of the existing hoisting plant solely for production hoi sting. A further consideration of the engineering study was that any alterations had to be accomplished with little, or no, interruption to production."

Jan 1, 1982

By J. R. Pronovost, P. M. Tiley, D. W. Watts

"In 1980, J.S. Redpath Limited were retained by Dickenson Mines Limited to increase hoisting capacity from 700 to 1000 tons per day. The hoisting capacity of the present skip-over-cage system could not be increased significantly through design modifications. The other constraint was a minimum of disruption to the current production. The Dickenson shaft was a three-compartment shaft from surface to the 8th level and four compartments before the 8th to the 23rd level. The solution to the problem was to remove the services from the shaft man-way compartment from the 8th level to surf ace by drilling a borehole close to the shaft and rerouting those services through the borehole to the 8th level. A service compartment would then be available from surf ace to the 23rd level.By providing a service hoist in this compartment, the skip hoist would then be free to produce the 1000-tons/day required production. This paper will describe the search for the required hoist and the friction hoist selected for the project, and trace the design modifications required to modify the hoist to suit the Dickenson application and satisfy the Department of Labour safety requirements.The paper has been co-authored by J.S. Redpath Limited and C.L. Tiley Associates, who participated in the design changes and eventual commissioning of the hoist.IntroductionIn the earl y part of 1980, J.S. Redpath Limited conducted an engineering study on the Dickenson Mines Limited No. 1 Shaft materials handling system. The object of the engineering study was to investigate the possibility of increasing the tonnage hoisted from the No. 1 Shaft complex by adding a service cage compartment and service hoist. This would permit utilization of the existing hoisting plant solely for production hoi sting. A further consideration of the engineering study was that any alterations had to be accomplished with little, or no, interruption to production."

Jan 1, 1982

By S. E. Kesler, C. M. Moore, J. C. Van Loon

The possibility that chlorine and fluorine form complexes with ore metals, thereby having a strong effect on the mobility of these ore metals during late magmatic and hydrothermal processes, suggests that the abundance of chlorine and fluorine in igneous rocks could be used to distinguish intrusions that have generated ore deposits. The simplest and most economical measure of this chlorine and fluorine is the water-leachable chloride and fluoride that is released from fluid inclusions in the rock during crushing of the sample. In order to evaluate the possible use of this technique, measurements of water-leachable chloride and fluoride were made with selective ion electrodes on samples from nine intrusive complexes. There does not appear to be any simple relation between the abundance of chloride and the presence of mineralization. Fluoride values in mineralized intrusions appear to be higher than those in barren intrusions.

Jan 1, 1973

By C. H. B. Leitch, T. N. MacAuley, R. L. Linnen, A. E. Williams-Jones

"The Trout Lake stockwork molybdenum deposit is temporally and spatially related to the emplacement of a late Cretaceous granodiorite-tonalite stock in southeastern British Columbia and contains an estimated 49 million tonnes grading O.I9% MoS2- No metal zonation patterns are apparent, with the exception of peripheral tungsten skarn, and exploration was guided largely by geological interpretation. It is typical of the granodiorite, or fluorine-poor type of molybdenum deposit. Molybdenite is contained within a quartz-feldspar vein stockwork and coeval dissemination in igneous (and less commonly metasedimentary) hosts. In general, molybdenite is strongly associated with alkali feldspars, but in detail it is intimately associated with incipient muscovite replacement of albite and K-feldspar; veins that lack feldspars are also typically barren of molybdenite. These textures suggest that fe/dspathic alteration (and precipitation in veins) was an important precursor to mineralization, and the occurrence of similar textures elsewhere (e.g. Henderson) suggest that early feldspathic alteration is important to the genesis of molybdenum deposits in general. Molybdenite deposition at Trout Lake was preceded by contact metamorphism, skarn and potassic alteration, and was overprinted by muscovite-ankerite (phyllic) alteration. Only moderate temperature changes are recorded by the metamorphic and alteration mineral assemblages (350°C to 450°C}; however, with time, fluids became increasingly more acidic and enriched in C02- In light of the intimate molybdenitemuscovite intergrowths, the decrease of pH probably exerted a major control on mineralization.IntroductionGranite-hosted molybdenum deposits can be classified in terms of the composition of the related intrusion, e.g., the granodiorite and granite types of Mutschler et a!. (1981), or the calc-alkaline, alkali-calcic, and alkalic types of Westra and Keith (1981). They have also been classified on the basis of their fluorine contents (Theodore and Menzie, 1984) with the fluorine-rich and -poor varieties roughly corresponding to granite- and granodiorite-type deposits, respectively. For economic reasons, most exploration and research has concentrated on the high-grade/large tonnage granite-type of deposit, exemplified by Climax. F1uorine-poor, granodiorite-type deposits are, however, the most common type in Canada and have been mined in the past (e.g., Endako). In this paper, the authors summarize the research that has been carried out on the fluorinepoor Trout Lake deposit (Boyle and Leitch, 1983; Linnen, 1985; Linnen and Williams-Jones, 1987; 1990) and use what has been learned to develop guidelines for the future exploration of fluorinepoor, granodiorite-type molybdenum deposits."

Jan 1, 1995

By N. A. Duke, R. L. Carpenter

Abstract - The West Meliadine area is underlain by structurally interleaved panels of mafic and minor ultramafic metavolcanic rocks and metasedimentary rocks that occur along the northern margin of the Neoarchean Rankin Inlet greenstone belt. Three structural and metamorphic domains are recognized: (1) the easterly Wesmeg domain; (2) the central Barracuda-Ridge domain; and (3) the westerly Peter Lake domain. The Wesmeg domain is characterized by a series of southeast-trending, north-dipping, foliation-parallel panels of greenschist facies mafic metavolcanic and metasedimentary rocks. The Barracuda-Ridge domain is comprised of greenschist to amphibolite facies mafic metavolcanic rocks that define an east-northeast-trending structural grain. The Peter Lake domain consists of amphibolite facies mafic metavolcanic rocks and minor metasedimentary rocks intruded by a monzonite pluton. West Meliadine hosts the economically significant Wesmeg gold deposits, as well as other important gold showings across the Barracuda-Ridge and Peter Lake domains. The geological setting of the Wesmeg gold deposits resembles that of a break or fault zone. The Pyke Break is a major geophysical discontinuity (>65-km strike length) and is the first-order structural control on gold mineralization at West Meliadine. It is several kilometers wide and characterized by polyphase deformation and shear zone development accompanied by lode-gold mineralization. In general, gold concentration is related to quartz and iron-carbonate veining, iron sulfides (mainly arsenopyrite and pyrrhotite), and accompanying silicate alteration minerals that overprint favorable chemical and structural traps late in the history of deformation.

Jan 1, 2004

By A. Supomo, H. Resendiz, C. Burbidge

"Freeport-McMoRan Inc. (FMI) commissioned the expansion of the Morenci Metcalf concentrator in 2014. The concentrator included many design and equipment innovations, including the first-of-its-kind Metso Hydraulic Roll Crusher (HRC), variable speed ball mills and variable speed crushers. In addition to the innovative design, FMI commissioned the Metso APC team to design a realistic process simulator and the plant APC. The process simulator was utilized to train operators before commissioning, which led to a smoother plant start up. The plant APC utilized the concept of dynamic constraint control, which controls the feed to the primary ball mills by “pulling” the tons from crushed rock storage bins, which then automatically are filled by the upstream HRC and secondary crushing circuits. The primary ball-mill control also adjusts the water addition to the cyclone clusters to avoid overload and achieve sufficient grind size. The constraints include in-circuit constraints for feeder capacity, screen-deck capacity, ball mill power, cyclone mass flow, pump capacity and pump motor capacity. The APC system was implemented shortly after the start of commissioning and immediately demonstrated increased throughput and an ability to highlight and quantify process constraints and bottlenecks. The following paper outlines the control strategy, discusses system implementation, results and challenges.INTRODUCTION The FMI Metcalf Concentrator is located in Morenci Arizona on the site of the old original Concentrator. The new Metcalf concentrator started operation in May of 2014. This plant was designed for an average of 63,500 tpd (70,000 stpd), increasing the total Morenci concentrator complex production to a nominal 113,400 tpd (125,000 stpd). The process flow diagram is shown below in Figure 1.The process consists of primary crushing feeding a coarse ore stockpile followed by secondary crushing operating in closed circuit with vibrating screen decks. The screen undersize feeds the first of its kind Metso hydraulic roll crusher (HRC) operating in a closed circuit with vibrating screens. The primary crusher is a Metso 60x110 gyratory crusher. Secondary crushers are Metso MP1250 Crushers with variable speed drives. Secondary crusher discharge is recycled to the dry screen feed bin and screened with oversize returning to secondary crushing and undersize feeding the Metso HRC3000. The product from the 3.0 meter X 2.0 meter roll crusher is wet screened with the undersize feeding the grinding circuit, which is comprised of two each 24-foot diameter by 40- foot-long variable speed ball mills running in parallel with each in closed circuit with a cyclone bank of 12 cyclones. The wet screen oversize is recycled to the HRC feed bin."

Jan 1, 2019

By C. R. Tang

Due to the current lack of sufficient occupational hazards supervisory staff in China, an occupational hazards supervision regulatory framework is proposed, based on the cloud. Data on respirable dust, noise, heat, toxic and hazardous substances and protection facilities are uploaded to private cloud computing data and service centers to build an occupational hazards supervision system. This system promotes occupational hazards governance. Complex reports are generated. Through the establishment of an occupational hazard supervision data threshold, the dynamic regulation of occupational hazards is accomplished. The main characteristics of this approach are low cost, ease of expansion and maintenance, and strong performance.

Aug 1, 2013

By Kish. L.

"The results of a chemical and mineralogical study of eighteen opaque-oxide occurrences are discussed and the detailed chemical, metallurgical and mining feasibility study of a vanadium-rich magnetite deposit is summarized. A plot of the mol-percentages in the system FeO- Fe2O 3-TiO2 indicates that the deposits fall into two distinct groups: some contain hematite with ilmenite, and some others have magnetite with ilmenite (titaniferous magnetites). The plot also suggests that the two types of deposits were crystallized from liquids of different compositions. Each group has its distinct structural features. Vanadium is present in all of the studied specimens, however concentrations of economic importance have so far been found only in the titaniferous magnetite deposits. The vanadium content of the oxide concentrations of the Dore Lake Complex is the largest among the studied occurrences. Analyses of the concentrates of the drill-core sections show a compositional variation across the orebody; a continuous increase in the tenor of Ti02 and a decrease in the vanadium content upward in the layered sequence is found. Concentration tests on several tons of samples indicate that about 80 per cent of the vanadium is recovered in the magnetite concentrate."

Jan 1, 1972

By W. J. D. Stone

"For several years, the existence of a deposit of barite (BaS04) near Brookfield, Nova Scotia, has been known. A very large deposit of strontium (SrS04) near Sydney, Cape Breton, is a more recent discovery. Cape Chemical Syndicate has been formed to work the deposits. A five-million-dollar integrated mineral processing and chemical plant is planned for Sydney to produce various compounds of barium and strontium. The mineral processing plant includes the Jones Wet Magnetic Separator and will produce high-purity barite and celestite. These products will be processed further in the fine grinding plant and the chemical plant. The general project is described, covering the deposits, processing and markets."

Jan 1, 1969

By S. Dominguez, E. Gebrehiwot, S. Richardson, S. Sandoval

Copper electrowinning/electrorefining (EW/ER) is powered by direct current (DC) rectifiers that typically generate 30,000 to 70,000 amps and a bus-bus voltage of 200 to 500 volts DC. Tankhouses are designed so that DC current flows through “cell lines” which contain individual EW/ER cells electrically connected in series. Electrolyte composed of copper sulfate and sulfuric acid in water forms the “liquid conductor” that connects the metallic conductors in this circuit. In this setting, stray current is a DC current that strays from and therefore bypasses the tankhouse circuit by finding a path to ground, often through the electrolyte in pipelines that feed into and discharge from the cells, or through dried electrolyte (i.e. sulfate), which is also electrically conductive. Tankhouse workers can be exposed to shock hazards if they become part of a stray current path to ground. This presentation details examples of stray current shock hazards in electrolytic tankhouses and provides voltage and amperage measurements associated with stray current in these examples. A review of critical safety controls in EW/ER tankhouses that will mitigate the risk of employee shock from stray current is also provided. INTRODUCTION Electrolytic tankhouses are designed to deliver relatively large amperages of DC current to a series of electrolytic cells in which copper is plated out of solution using the classic anode-cathode pair geometry within each cell. Electrolyte is the “liquid conductor” that transfers current in between the metallic conductors of the cell. The metallic conductors include inter-cell copper bus bars and the anodes and cathodes themselves. It is sometimes forgotten that electrolyte as a conductor is capable of delivering DC current outside the designed circuit of a tankhouse. Stray current is a DC current that strays from the tankhouse electrical circuit by finding a path to follow other than the designed path. Safety becomes a concern when there is a risk of an employee becoming part of an accidental stray current path, thereby suffering an electrical shock. In 2016, Freeport-McMoRan (FMI) suffered a fatality at one of its copper electrowinning tankhouses. The forensic analysis concluded that stray current from the tankhouse rectifier contributed to the fatality. An employee accidentally fell into contact with a metal flange at the end of an HDPE pipe that was collecting cell overflow electrolyte from the tankhouse. DC current passed through the employee to ground, creating a shock that was judged to contribute to his death. The situation was exasperated because the employee was unconscious, and therefore was exposed to the stray current for several minutes before being found. In addition, the employee’s clothing was saturated with liquid, and the employee was found kneeling in puddled liquid on the ground. FMI immediately began an investigation into the root cause of the stray current that was measured at the scene. Sufficient electrolyte had accumulated in the HDPE pipe such that a continuous path was formed between it and electrolyte that was continuously overflowing from energized electrowinning cells. The metal flange on the pipe was the metallic conductor that carried the current to the employee from the electrolyte inside the pipe. Current then flowed through the employee to ground. Because of this incident, FMI undertook an extensive review of the hazards of stray current in EW/ER. FMI’s tankhouse workforce received a Tankhouse Electrical Safety training course developed in- house to insure worker understanding of stray current hazards. Tankhouse design changes were implemented to better insulate workers from stray current. Personal protective equipment (PPE) standards were also reviewed and changes made.

Jan 1, 2019

By M. Buarzaiga

High-pressure acid leaching (HPAL) of nickel laterite ores typically extracts 95% of the nickel and 91% of the cobalt. Impurity elements in the feed, such as iron, aluminium and chromium, also dissolve and can be detrimental to downstream processes. Rejection of impurities within the autoclave is highly desirable. Aluminium and iron hydrolyze, and then precipitate in the autoclave leaving only small amounts that are subsequently removed by precipitation in a neutralization step. The concentration of dissolved chromium can range from 200 to 2000 ppm, depending on the feed composition. Chromium in the liquid phase, usually in the hexavalent state, introduces many problems and can limit refining options. For example, chromium poisons the organics in solvent extraction making SX an expensive option. Also, hexavalent chromium must be converted to the trivalent state before it can be precipitated along with iron and aluminium. Bench-scale work confirmed that mixing small amounts of carbon-base additives, such as coke, with the autoclave feed significantly reduced chromium concentration in the autoclave discharge without any detrimental effects on paymetals recoveries and selectivity.

Jan 1, 2004

By R. Le

"The principles of noise control aredescribed with particular emphasis on personalactive units as opposed to passive ear muffspresently in general use. A discussion followsfor their potential use in a mining environment.RÉSUMÉNous décrivons brièvement quelquesprincipes de contrôle de bruit à l’usage person-nel, puis nous passons en revue quelquescasques commerciaux dotés de ces circuits àprincipe actif. Enfn nous discutons de leurusage potentiel dans le contexte minier.IntroductionLe casque à principe actif est un produitqui existe commercialement, mais encore peurépandu en usage, sûrement à cause du prix,mais aussi de sa méconnaissance par le grand public. Il arrive parfois qu’un journaliste trouvele produit fantastique et le médiatise commeune réalisation de son pays (ou de sa province),mais peu savent qu’il s’agit là d’un principe quia commencé dans les années 30. Par delà lesensationnel, il reste que si l’on veut mettre lamain sur un de ces casques pour l’essayer, on nesait où l’obtenir. De plus, les casques n’utilisentpas tous le même principe actif. C’est la raisonpour laquelle nous faisons cette brève compara-ison. Nous le faisons en mettant l’accent pourune possible utilisation dans le domaine minier,car c’est dans ce milieu que les usagers sontconfrontés aux bruits les plus intenses qui peu-vent endommager leur système auditif, ce quin’exclut pas les autres situations (travaux publics, foresterie, écoute hi-f, etc.)."

Jan 1, 1997

By S. Jain

Construction industry is considered as labour intensive, having shortage of skilled labour, unsafe with large number of industrial accidents. Construction industry requires high technology automation products (Robots) for improving productivity, safety, quality etc. Robots are developed by various countries in different areas like demolition, earthwork, bridge, tunnels, road work, underwater works, trenches and piping, maintenance etc. however they are still not used to their full potential by construction industry. Hence in this paper, the authors propose a ?model for adoption? of robots in construction industry. This model considers how a construction firm will adopt full scale robots like manually controlled machine, tele-controlled machines, computer controlled machines and cognitive robots and assimilate them through various stages.

Aug 1, 2013

By I. C. Christopher

Introduction The geology of the Cochen-our Willans gold mine has been described in reports by the late Dr. H. C. Horwood (1) in 1940 and by Dr. J. P. Nowlan (2) in 1947. Information from these and other (unpublished) reports has been incorporated in the present paper, together with some recent ideas regarding structural features which are at present being used to locate ore shoots. Location and History The mining claims of Cochenour Willans Gold Mines, Limited, occupy 705 acres in Dome township, on the east shore of Red lake opposite McKenzie island. Adjoining properties are those of McKenzie Red Lake Gold Mines on the west, Boymar Gold Mines on the north, Marcus Gold Mines on the east, and Martin-McNeely Gold Mines on the south. The claims of the original group were staked by W. M. Cochenour, Dan Willans, and H. G. Young, and the Cochenour Willans Syndicate was formed in 1928. Work was carried out by the Syndicate and several other companies during the next eight years with inconclusive results, due to the irregular occurrence of the ore. In 1936, Cochenour Willans Gold Mines, Limited, was incorporated and production was finally started late in 1939.

Jan 1, 1951

By A. L. Mackie

Arsenic is a highly toxic element and a known human carcinogen. It is often a contaminant in mine water discharges, particularly from gold mining and roasting operations, and has been found at concentrations as high as 4 g/L. Increasingly stringent controls on the concentration of arsenic allowed to be discharged into the environment cannot always be met by current treatment processes and thus enhanced technologies are required to achieve low treated effluent concentrations at reasonable costs. A novel two-step physicochemical treatment process was developed and tested at the bench-scale using synthetic mine water solutions (SMWs) in order to reduce arsenic concentrations in treated effluent to exceed current discharge regulations. The process includes chemical coagulation with ferric sulphate and ballasted flocculation for enhanced solid-liquid separation. The SMW contained 59 ± 2 mg/L arsenic with a slightly alkaline pH. The effect of arsenic speciation on the process was tested by using either arsenite, As(III), or arsenate, As(V), in the SMW solutions. Tests were performed at cold temperature (3 ± 1 °C) to ensure the process? efficacy year-round in northern climates. Arsenic in As(V) SMW solutions was removed to a final total concentration of 0.0054 ± 0.002 mg/L, almost half the current recommended allowable drinking water concentration of 0.010 mg/L. As(III) was removed to a concentration below the Metal Mining Effluent Regulations? (MMER) current limit of 0.50 mg/L, to 0.32 ± 0.06 mg/L, with double the coagulant dose used in Stage 1 for As(V) removal. Oxidant addition at a concentration of 5 mg KMnO4/L in Stage 2 resulted in final total arsenic concentrations of 0.017 ± 0.002 mg/L and pH adjustment with lime in Stage 2 resulted in 0.0415 ± 0.0007 mg As/L in treated As(III) SMW. Both of these modifications to the process reduced arsenic concentrations to below proposed new MMER limits (i.e., 0.10 mg/L). This two-stage treatment process was shown to reduce arsenic concentrations to well below current treatment guidelines while reducing or eliminating chemical oxidant demand.

Aug 1, 2013

By A. J. MacEachen

"LIKE ALL OTHER NOVA SCOTIANS, I have been thrilled during the past few years with the growing evidence that substantial reserves of oil and gas are being discovered off the Atlantic coast of Canada. There are those in this province who believe that large-scale commercial production is just around the corner, and that when it starts Nova Scotia will begin to float on a sea of royalties. These overly optimistic people, of whom I am not one, are convinced that with the first barrel of oil shipped to market, Nova Scotia can forget its financial problems while its people take on the luxurious lifestyle of the shieks of Kuwait or Saudi Arabia. You and I know, however, that even though offshore oil and gas may turn out to be the greatest gift nature has ever bestowed on Eastern Canada, it may take some considerable time before the reserves can be accurately assessed, before the industry can become fully operational, and before the benefits of production can be translated into royalties and tax revenue, improved public services, new industrial facilities and more jobs. While it is premature for the ordinary Nova Scotian to take on the habit of buying expensive cigars and lighting them with ten-dollar bills, it is not too early for him to insist that governments and industry plan intensively and well for the beneficial exploitation of undersea resources."

Jan 1, 1973

By J. J. Fitzpatrick

"This paper deals with the methods used by Quebec Cartier Mining Company in the evaluation and selection of new haulage equipment and in increasing the productivity of the existing fleet.Selection of new equipment is based upon the comparison, for each model under consideration, of the capital investment required and the estimated operating costs and production rate. The calculation of the production rate is based on a widely used estimating procedure. Actual operating conditions considered in the method include: payload, haul distance, road grade, rolling resistance, loading and dumping times, and operational efficiency. A digital computer is used to handle the large volume of repetitive calculations required. Where a fleet of haulage equipment includes trucks of different size and performance characteristics, the problem exists of assigning each truck type to the different working locations to minimize total cost. Linear programming can be used in the solution of this problem."

Jan 1, 1967

By W. L. Falconer

"IntroductionThe very recent emphasis on the importance of the northern portions of the Alberta basin as a prospective oil province has led the oil companies northward into new and undeveloped territory. Northern Alberta is a land of continuous forest, covering a plains-type topography. The plains are only occasionally broken by sharp, broad river valleys. Tributary streams head up quickly and very soon lose themselves in large undrained areas. It is these pseudo-swamps that cause most of the troubles and headaches of the oil explorer.The rivers have served as the main transportation arteries since people first ventured into this area. The bush is being pushed back, but the advance is slow and there is very little more than trappers' trails beyond a few miles from the Northern Alberta Railway lines and the recently built Grimshaw or McKenzie Highway. Indeed, bush and muskeg flank many miles of the railways and roads within as close a distance as fifty miles of Edmonton. Northern Alberta is pioneer country in the truest sense of the word, and our greatest problems derive from this fact. In all pioneer areas, the first requirement is the development of access roads, and before active oil exploraton can get down to the job at hand these roads and trails must be an accomplished fact. There are two factors in Northern Alberta which offer discouragement to the oil explorer: the first and greatest stumbling block is presented by the numerous muskegs, large and small; the second is the fact that road building uses up so much of reservation time. Of course, the second is aggravated by, and a direct result of, the first. So we come back to the main problem facing the development of the north - the muskegs."

Jan 1, 1950

By R. Poulin, M. R. Samis

Real options valuation is an alternative net present value framework that is able to incorporate both management flexibility and dynamic project risks. In this paper, management is considering the development of a satellite low-grade zone while operations in a developed high-grade zone continue. If the lowgrade zone is developed prior to high-grade zone exhaustion, mine capacity must be expanded before additional production from the low-grade zone can be processed. This expansion can be avoided only if low-grade zone development is delayed until the high-grade zone is exhausted. The real option model presented here allows the development and capacity expansion decisions to be reconsidered on a discrete half-year basis. It delineates price regions, for given levels of high-grade zone reserves, in which it is optimal to develop the low-grade zone, defer low-grade zone development and abandon the mine irrevocably.

Jan 1, 2006

By T G. Callcott

Australian coking coals are either class 434<tlj534<2l, at Port Kembla, or 634<3> at Newcastle. The former yield good blast-furnace cokes; the latter yield poor ones. However, increases in conventional strength indices, by methods applicable with normal coking ovens, seem unlikely to be economically attractive. Characterization of the coals has enabled an "economic" blend to be developed in the Newcastle area, and this has affected mining, preparation and handling operations. Coking studies have led to a specification for the making of strong coke, especially from the high-volatile Newcastle coals. Continuous coking studies, developed from the efforts to make very strong coke, have taken two directions. Firstly, coking thin layers of coal on strands; secondly, coking, in various types of vessels, compacts of coals with or with-out the inclusion of non-coking coals, iron ores or other inert materials. Gas, "sand" and hot metal coking have been tested for use in compact coking. Particular attention has been paid to pellets of coal and ore. The probable industrial problems in adopting any of the ideas are presently being examined.

Jan 1, 1963