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By James Anstey

BHP Billiton?s Cannington facility is a mining and minerals processing plant near Mt. Isa in Central Queensland, Australia, producing silver, lead and zinc. Mine ore is processed in a concentrator, which consists of grinding, flotation, thickening and filtration. Grinding is carried out in a fully autogenous (AG) mill. The mill operates in closed circuit with a pebble crusher. Throughput is approximately 380 tph. Cyclone overflow from the grinding circuit is fed into a flotation circuit for the recovery of lead, zinc and silver. Two concentrates are produced (lead and zinc), which are then thickened and filtered. The filtered concentrate is transported by road to a rail receiving station. From here the concentrate is railed to port in Townsville for shipment to the smelter. Matrikon and Engineers at BHP Billiton?s Cannington Mine have used ProcessACT to develop a flexible, nonlinear dynamic simulator for the grinding circuit to further enhance process understanding, as well to investigate various optimization strategies. An online charge volume estimator was also developed for the AG mill to aid in the understanding of overload conditions, which for the previous two months had been the primary contributor to downtime. The models were developed using a combination of first-principles modeling along with input-output dynamic responses. Examples of models used include: Morrell ?C? model for power and charge shoulder/toe angle prediction; Whiten?s mixing model for breakage and hold-up; Nageswararao cyclone model for predicting cut size; slurry recovery and water recovery. The composite model simulates system dynamics starting from the stockpile reclaim system and finishing at the feed for the flotation process. The objective was to provide a tool that assisted Cannington in understanding their Grinding Circuit and allowed them to develop and evaluate circuit optimization strategies. BHP Billiton Cannington Mine is now considering development of a Grinding Circuit Optimizer utilizing the models developed for the simulator.

Apr 1, 2005

By I. G. Townsend, S. A. Buckley, C. I. House

"SummaryBritish Petroleum plc is developing a new gold recovery process known as coal gold agglomeration (CGA) for the recovery of gold from its ores. Liberated gold grains are recovered with high efficiency by adhering to agglomerates of coal and oil. The process is simple, can recover gold grains down to very fine sizes, avoids the large scale use of cyanide and provides the industry with an important new process option.A technical appraisal of the process has been performed on an extensive range of gold bearing materials. Ore types have been identified from which high gold recoveries can be achieved. A spreadsheet based computer program has been used to estimate the preliminary capital and operating costs of the process. Comparison with established gold production costs shows that the process costs of CGA, on the appropriate ore types, are potentially very attractive, which will enable economic treatment of lower grade ores than is currently possible using conventional cyanidation. Treatment of known placer deposits or gravity concentration plant tailings may be the most rapid means of demonstrating the process at a commercial scale prior to more widespread applications.1. INTRODUCTIONWestern world gold production for the 1980s has shown rapid growth sustained by a demand for gold at a favourable price (Fig. 1). Heap leaching and CIP/CIL operations have been responsible for the major part of new production during the 1970s and 1980s with present overall production costs averaging US$200/oz in Canada, USA and Australia and US$265/oz in South Africa [l]. A great deal of research and process development effort in the 1980s has been towards the treatment of refractory ores. Operating costs for the economic processing of these ore types by currently available routes are around US$300/oz [2]."

Jan 1, 1989

By John Plecash

This paper comprises a general outline of all of the developments, including the history, geology, mining, milling, power and transportation installations, at the gold mining operation of La Luz Mines Limited and the copper mining operation of its wholly-owned subsidiary, Rosita Mines Limited, both located in north-central Nicaragua. The low-grade, gold-bearing ore-bodies of La Luz Mines, contained in highly fractured and folded Lower Cretaceous sedimentary rocks, were from 1909 to 1928, mined and treated by primitive methods by the La Luz and Los Angeles Mining Company. The abandoned property was acquired by La Luz Mines Limited in 1936, and was equipped with modern machinery and put into production in 1939. Between 1939 and 1948, the daily rate of production was in-creased from 300 tons per day to 2,-000 ton per day. The ore reserves available for open-pit mining were depleted in 1954. Since then, the entire production has come from under-ground operations.

Jan 1, 1963

By P. J. Gron

"The Samatosum Project is a base and precious metal deposit located in south central British Columbia. A dilute ore reserve of 766, 682 tonnes grading an average 1.1% copper, 3.0% zinc, 1.4% lead, 833 gram per tonne silver and 1.6 gram per tonne gold is available. The base metals occur as tetrahedrite, chalcopyrite, sphalerite and galena. Virtually all of the silver and gold are associated with the tetrahedrite.The mill is operated at a rate of 21 tonnes per hour. Sulphur dioxide is used as a zinc depressant in the grinding circuit. Production of a Cu/Pb/Ag concentrate is accomplished by conventional flotation. This concentrate is then separated into Cu-Ag and Pb concentrates through a reverse flotation circuit utilizing sulphur dioxide, starch and sulphuric acid as lead depressants.The tailings from the Cu/Pb/Ag circuit are treated with copper sulphate to activate the zinc. Production of a zinc concentrate is accomplished by conventional flotation. Dewatering of the concentrates to 6% moisture is done with a LAROX filter press.Tailings effluent is treated with lime and sodium sulphide to precipitate out the heavy metals. The resulting sludge is treated in OYNASAND sand filtration units to produce a quality effluent."

Jan 1, 1990

By R. Tessier, C. R. Larsen

"INTRODUCTIONOn November 10, 1982 Nor and a Inc signed an agreement with Golden Sceptre Resource Ltd. and Goliath Gold Mines Ltd. to construct a mine and milling facility.The Golden Giant mine is located in the Marathon area of north - western Ontario, immediately north of Highway 17 and about- 3.5 km west of Highway 614.With the exception of selected unit processes, the mill was designed for a nominal throughput of 2500 tonnes per day with early operating data to be used to identify sections requiring possible expansion to achieve an ultimate throughput of 3000 tonnes per day.Commissioning of the highly instrumented milling complex which includes crushing, grinding, cyanidation, and carbon in pulp processes commenced in February 1985. After water testing various sub-circuits from grinding through tailings, waste ore was introduced to ensure proper mechanical and electrical operation of process equipment.The first ore was milled as a mixture with waste on March 4, 1985. The first gold bullion was poured April 6, 1985.Initially, ore was only available from mine development at a rate of 700 t/d, which was milled at a minimum rate of 1200 t/d. While regular weekly shut downs of two to three days was useful for mechanical maintenance, changes, and modifications, process tuning was more difficult due to the non-steady operation. As increased quantities of ore became available, regular weekly shutdowns tapered off and process operation improved accordingly. For testing purposes and as ore was available, mill throughput was increased regularly to 2300 t/d and for very short periods of time to nearly 3000 t/d.No major design or operating problem has been encountered to date. The following is a brief description of the milling process and various operating highlights. Process flowsheets are shown in Figures 1 through 6."

Jan 1, 1986

By G. E. Agar

This paper deals with the prediction of locked cycle flotation results from data developed from individual batch tests. A postulate is made that the distribution of material in a separation stage is determined by the chemical conditions and the flotation time and that this distribution can be characterized by split factors which are constants for a fixed set of conditions. With this premise, it is demonstrated that a steady-state balance can be calculated for a circuit. Although the necessary equations can be solved algebraically, a computer program was written that uses an iterative technique to arrive at the steady-state balance. The program is written so that a variety of circuits can readily be simulated. A number of examples are examined to demonstrate the validity of this simulation procedure. The sensitivity of the material balance to changes in the split factors was examined. Data developed from different flowsheets are presented on sulphide ores, on copper-nickel separation and on silver flotation.

Jan 1, 1978

By Andy Fortin, André Vien, Christophe Bouché, Jeff McKay

"The technology and equipment design of the Twenty-first Century permit us to exploit low-grade ore bodies with milled tonnages reaching 300,000 tpd. Because of their substantial operational costs (energy, wear parts, etc) and precarious economic situations, the operations of today must maximize their metallurgical performance.The implementation of an Expert System becomes a logical avenue to pursue in view of increasing plant performance.Many operations, following the implementation of an Expert System, meet the objectives they determined before its integration; such as increased tonnage, stability, decreased costs, etc. However, they often cannot develop the full potential of the system due to certain factors that have been neglected or omitted during the implementation of the system.Three main elements have been identified during the implementation phase at INMET Mining Troilus Concentrator: 1- Instrumentation & Control 2- Software 3- Integration. Even though they have been clearly identified, these elements are often neglected due to lack of resources or lack of comprehension on the part of the operations personnel. This document will demonstrate, based upon our experience at Troilus and that of Metso Minerals, that we can identify and handle many factors which influence the profitability of the Expert System, for both short and long-term process control improvements.INTRODUCTIONThe Inmet Troilus Mine is an open pit mine, situated 175 km north of Chibougamau in the province of Québec, Canada. The mill, which started production in November of 1996, was originally designed to treat a gold – copper ore at a rate of 10,000 tpd.In early 1998, the mine plan called for a pit pushback and decreasing head grades for the following two years. With the price of gold nearing decade lows, the Troilus project was facing a major economical setback. There was a sense of urgency to reduce operating costs below the market price of gold. The mill team presented a project to management calling for an increase in mill throughput while minimizing capital expenditures and operating costs. This idea was supported by the existing mine plan, which called for a mine cut-off of 0.7 g/t Au and stockpiling low grade 0.5 g/t material for future milling."

Jan 1, 2003

By L. Li

The rock quality designation (RQD) was initially introduced by Deere (1963) for civil engineering. But, its application has been largely extended to rock mechanics and has become a fundamental parameter in geotechnical engineering (e.g., Hoek & Brown 1980; Milne et al. 1998). The success of this definition is due, in great part, to its simplicity. However, this index includes a number of limitations. Among these limitations, a critical one is associated with the arbitrarily selected threshold value (e.g., Priest & Hudson 1976). Consequently, the RQD value would vary with different threshold length for the same core. Also, using the customarily and universally adopted but very arbitrarily selected threshold value of 10 cm (for NX cores) in the assessment of RQD, the RQD values usually tend to be either high or low in most rock engineering. Some intermediate values (50%) are less frequently encountered (Harrison 1999). The original definition of RQD does not well represent the actual quality of rock masses. In this paper, an improved definition of rock quality designation (RQDc) is given.

May 1, 2009

By H. A. Schnell

"The Phase I Mill at Cluff Lake in northern Saskatchewan was designed to accommodate a very specific high grade uranium ore. As this high grade ore was depleted, construction was undertaken on a new mill circuit (Phase 2) to process a more conventional lower grade ore deposit.The Phase 2 Mill expanded the ore throughput to 800 tonnes per day. The new process employs crushing, grinding, leaching, counter—current decantation, solvent extraction and magnesia yellowcake precipitation and drying to produce a yellowcake concentrate.This paper discusses the process decisions required for this expansion and outlines the new mill circuit. Included is a review of the start up in August, 1984.1.,INTRODUCTION The Cluff Lake Uranium deposit is located 720 kilometers north of Saskatoon in northern Saskatchewan. A high grade deposit was discovered in 1970 with the first production taking place in 1980 after lengthy hearings. The original mill (or Phase 1 Mill) was specifically designed to accommodate this very high grade ore for a very limited plant life.Pilot plant work was carried out in 1981 on the other lower grade ores found in the immediate Cluff Lake area. Feasibility and process selection studies were then undertaken as the Phase 1 mill was nearing its end of life. These studies were completed in March 1983 when approval was given to construct the new Phase 2 mill."

Jan 1, 1985

By David Meadows, John Starkey

"As part of the ongoing project development for the Tenke Fungurume Copper-Cobalt Project in the Democratic Republic of Congo, Phelps Dodge Corporation has examined methodologies for determining the size of grinding mills to support a 7000 mtpd operation. Six samples were tested by Hazen Research, Inc. (HRI) to obtain the JK parameters using the JK Drop Weight Test, standard Bond crushing, and rod mill work indices, abrasion indices and by Dawson for Bond Ball Mill Work Index tests using crushed feed, and Standard Autogenous Grinding Design (SAGDesign) Tests, patented by Outokumpu. (See reference 8 below).The comparison of these results gives context to how the various measurements relate to each other and how they can be used to obtain an accurate design for the grinding mills required for the Tenke Project. This is the first published direct comparison between JK Drop Weight, standard bond work indices, and SAGDesign test results. The SAGDesign test includes a SAG test followed by a Bond BM Wi test done on SAG ground material.INTRODUCTIONAfter the presentation of the paper “SAGDesign Testing – What It Is and Why It Works” at the recently concluded SAG 2006 Conference in Vancouver, a question was asked about how SAGDesign ore hardness measurements compared with other comminution tests, specifically the JK Drop Weight Test and the parameters that are derived from such testing. At that time it was noted that a paper was being prepared for the CMP Conference in January to show how various ore hardness measurements compare with each other when done on the same samples.This paper will therefore present the first such comparison using test results from the Phelps Dodge Tenke Fungurume Project where six composite samples were examined by the tests noted below. A seventh sample was tested at Dawson but not at other labs. The tests were done at four different laboratories listed below and included the tests shown."

Jan 1, 2007

By A. M. Childs, R. F. Mather, K. R. Rawling

"The challenges encountered in the design and construction of mines and their process facilities today are becoming more intense and the engineering more competitive. The need to incorporate new techno1ogy to compensate for ever rising costs is always present, but its application in the harsh environment of Northern Canada increasingly requires the inclusion of new proven methods and innovative approaches to arrive at economically attractive projects.This paper deals with the development of the process design for the Cullaton Lake Gold Mine in the Northwest Territories. Particular emphasis is given to the interaction of the imposed construction and testwork schedules, and their effect on certain process decisions.The challenge that faced the project team may be defined by the following factors:1. A schedule which required that metallurgical testing, engineering, and procurement and delivery of all equipment and construction supplies should be complete within a period of ten months.2. Transportation of all personnel, equipment and supplies to the site by airlift, as no road was available or affordable.3. A six week period when transportation to the site was impossible.4. The extremes of temperature beyond the tree line in the Northwest Territories.5. A complete lack of infrastructure in the area."

Jan 1, 1983

By Kjell Winther

"Hydralift Scanmec introduced early in the eighties a new and different mill design for very large grinding mills. The design described has actually no size limitation upwards and is so far suggested with motor power up to 40 MW. The mill is furnished with gearless ring motor drive transmission. It is totally fabricated, without heavy castings. The first installation, an 8, 1 MW ball mill dia. 6,5 m x 9,65 m length, has been in continous operation in 13 years without problems. Total grinding costs has been reduced with 3 0% compared to traditional smaller mills. Reductions has been achieved in maintenance cost, power consumption, liner wear and grinding media consumption.So far 3 ball mills of the described design are delivered and in operation, one grinding Iron ore and two grinding Nickel ore.IntroductionThe design of mills for mineral ore dressing has basically been unchanged since grinding in mills started some I 00 years ago, in spite of the fact that mills have grown larger and larger. This has resulted in structural and mechanical problems, causing expensive failures and loss of production.Hydralift Scanmec engineers were designing mills for more than 20 years according to the old «rules». As they experienced interest for an increase in the mill size at the time when reports about failing mills were published, they started analyzing the different mill parts to find new solutions. One goal was to only use elements from proven technology in the new design. Two key items were ring motor (wrap around motor)(Isch et al. 1977, Meintrup and Klein 1982, Ranze 1983) and large diameter pad bearings (wrap around bearings)(Fuller 1984), both acknowledged from other industries."

Jan 1, 1995

By Jan W. Merks

"The settlements between mines and smelters are based on the mass of metal contained in concentrate lots. The mass of contained metal is a function of the wet mass of a lot, and its moisture content and metal grade while the variance of the mass of contained metal is a function of the same variables and their variances. Uncertainties in the measurement procedure applied to estimate each variable are quantified in terms of precision and bias. The absence of bias and an acceptable degree of precision are the keys to effective risk analysis and loss control.ISO Technical Committee 183-Copper, Lead and Zinc Sulfide Concentrates, has developed standard methods for sampling and weighing, estimating precision and testing for bias, the determination of mass loss on drying, the calculation of the mass of contained metal and its variance, and various analytical methods for major and minor metals. The variance for wet mass is calculated from the precision of the scale while the total variances of moisture and grade are estimated from pairs of interpenetrating primary samples. The variance of contained metal can be calculated either from mine data or from smelter data but the risk associated with the settlement is largely determined by the absence or presence of bias and the variance of differences between exchange assays.ISO/TC 183 does not deal with precision and bias for exchange assays but is developing guidelines to determine realistic splitting limits. Given that the exchange of assays between mines and smelters accounts for a large part of the risk associated with the settlement, precision and bias for exchange assays should be measured and monitored. The need for umpire services can be reduced by applying statistical quality control (SQC).Calibrating static scales, moisture balances and analytical balances, bias testing of sampling methods and sample preparation procedures, estimating the variance of a single variable or the variance of a function that a set of variables defines, and monitoring precision and bias for exchange assays, are the quintessence of metrology, the science of measurement, when applied in mining and metallurgy."

Jan 1, 1995

By Douglas M. Smith, G. A. Maki

"The initial development of the massive potash deposits of the prairie evaporite formation took place over a decade ending in 1970. The potash mining and refining facility near Rocanvi11e, Saskatchewan was the 1ast of ten mines to come into production during that era. This operation, known as Sylvite of Canada Ltd., was designed to produce 1. 2 million short tons per year of KCl product in granular, coarse, standard and special standard grades.In 1977 the parent company, Hudson Bay Mining and Smelting, sold the Sylvite property to the Potash Corporation of Saskatchewan. Shortly thereafter PCS slated its new Rocanville Division for a two phase program of expansion. The first phase, completed in the spring of 1979, was relatively small, involving mill debottlenecking and additional equipment in the compaction circuit and the product and ore storage areas. The second phase was a major undertaking which included additional mining equipment and a new 300 STPH milling circuit. This work was completed during the fall of 1981 and has increased the Rocanville Division's nameplate capacity to two million STPY.Thickening equipment operating in the Saskatchewan potash industry is generally situated within the main refinery building or a separate insulated and heated structure due to the harsh winter climate and the need to closely control plant brine temperatures to ensure good flotation circuit performance. Since these thickeners process large volumes of slurries, conventional basin type designs tend to be large, ranging up to 150 feet in diameter or more. As part of the general effort to minimize capital costs, the potash industry has begun investigating the use of alternate high capacity, compact thickener designs. In this regard, PCS Rocanville undertook a program in 1978 to evaluate a Lamella™ Thickener and one other type of 'High Rate' thickener* as alternatives to a conventional design for the phase two expansion project."

Jan 1, 1983

By C. H. Dionne, J. A. Holmes, B. J. Huls

"Falconbridge Limited is presently developing flowsheet alternatives for implementation at the Strathcona Mill. The main thrust for change arises from the need to reject more pyrrhotite from the concentrate. To maintain appropriate levels of sulphur in the smelter concentrate, however, enhanced removal of non-sulphide gangue minerals must be realized. This could best be done in the Non-magnetics flotation circuit.Laboratory investigations were followed by an on-stream pilot test at Strathcona. The application of a column cleaner on the Non-magnetics concentrate resulted in significantly lower levels of fine gangue at equivalent sulphides recovery.This paper discusses the laboratory and pilot testing and results, with a focus on piloting. Also included is a discussion of the Strathcona Mill Flowsheet and the role of the Nonmagnetics flotation circuit.INTRODUCTIONFalconbridge Ltd. is currently developing means to reduce atmospheric sulphur dioxide emissions. One alternative is a reduction in the amount of pyrrhotite in Strathcona Mill concentrate, which reports to the smelter. Pyrrhotite in the Falconbridge ores contains an average of 39 percent sulphur and 0.64 percent nickel. By comparison, pentlandite contains an average of 33 percent sulphur and 34 percent nickel.A consequence of the rejection of pyrrhotite is a decrease in the sulphur assay in the remaining concentrate. This decrease causes downstream difficulties in the roasting process. Therefore, the content of non-sulphide gangue in the mill concentrate must also be reduced in order to maintain sulphur grades adequate for roasting. The resulting concentrate will have lower sulphur dioxide emissions while maintaining nickel production."

Jan 1, 1991

By R. H. Walton

"In recent years the recovery of copper from low grade oxide ores has received widespread attention. The cost of treating such ores using conventional technology, such as milling and flotation, is frequently prohibitively high and copper recovery is generally low. The introduction of heap leaching, solvent extraction (SX) and electrowinning (EW) has resulted in high recoveries, good copper cathode quality and low production costs. This technology has now been successfully applied on a worldwide basis.This paper reviews the various process and design options and gives approximate capital and operating costs for a 1.0% copper ore.INTRODUCTIONAs a result of the low copper prices that prevailed for much of the last two decades, aggressive attempts were made by the industry to cut operating costs. Under such circumstances heap leaching, solvent extraction and electrowinning, to recover low cost copper from oxide ores, has received particular attention and ultimately widespread acceptance.Low grade copper ore (typically containing less than 1.0% Cu), which could not be economically treated by other methods, is placed on heaps and leached with dilute solutions of sulphuric acid. The copper rich, pregnant solution, drains from the heap into a collecting pond and is pumped to a solvent extraction plant where it is purified and upgraded. The resulting solution, termed the pregnant electrolyte, passes to the electrowinning section where the copper is recovered as high grade cathodes and sulphuric acid is regenerated, (Figure 1).This paper specifically describes the processing of copper oxides. Other copper minerals such as chalcocite and chrysocolla are also leached by dilute solutions of sulphuric acid. In practice the oxide minerals are frequently associated to varying degrees with less easily leached sulphides, such as chalcopyrite. In some cases, once the oxidized capping of the ore body is removed, the oxides are totally replaced by more refractory sulphides. Under these circumstances the leaching recovery is significantly reduced. However the principles described here for solvent extraction and electrowinning are also applicable to solutions received from heaps containing sulphide minerals, which are leached more slowly and involve bacterially induced reactions."

Jan 1, 1990

The Stability Graph Method is widely used in Canadian underground hard rock mines for open stope support design and is frequently used in the mine planning phase to assess the viability of stope geometries and to determine maximum permissible spans. The Method is well accepted due to its simplicity and suitability to a wide range of mining methods requiring the use of sublevels to access and extract the mining blocks. While this Method is reliable in situations where the maximum induced tangential stress creates adequate compressive stress keeping the face in a state of confinement, the Method fails to reflect the effect of low confinement caused by lower compressive stresses and instances where tensile stresses are developed. In this paper, a new Rock Stress Factor, A?, an update to the original Rock Stress Factor, A, is proposed, which will reflect the impact of low confinement or overstress regime on critical face stability. Two case studies, based on two Canadian operating gold mine shows that using the new Rock Stress Factor A? to predict the stability of stope hanging-wall and footwall gives better agreement with the CMS survey results, compared with the prediction using the original rock stress factor.

May 1, 2011

"A simple approach to optimizing the performance of an operating carbon in pulp (CIP) or carbon in leach (CIL) plant is presented. It is possible to reproduce the performance of an operating CIP or CIL plant in the laboratory, in small scale batch tests in which the rates of gold leaching and carbon adsorption are determined, coupled with mathematical models that translate the batch kinetic data into predicted steady state profiles of gold in solution and on the carbon across multi-stage adsorption circuits.Once the performance of the commercial plant has been mimicked by the model, the plant operating parameters can be varied systematically in the model, and the likely response of the plant to the stepwise change can be determined. In this way it is possible to inexpensively optimize the design of both greenfields CIP or CIL circuits and plant expansions, or optimize the operating parameters of an existing plant, with no disruption to plant operations and no economic risk to the mining company.This approach has been adopted by IAMGOLD Corporation, to the immediate benefit of two of their existing gold operations. The methodology adopted and the results achieved are presented.INTRODUCTIONThe carbon in pulp (CIP) and carbon in leach (CIL) processes became firmly established in the gold mining industry in the 1980s, initially in South Africa and Australia, from where they spread rapidly to all the gold producing regions of the world. The percentage of annual global gold production by activated carbon-based processes grew from zero in the 1970s to almost 70% by the turn of the century, which represented a phenomenal rate of acceptance of a new technology by a traditionally conservative industry. The main reason for this rapid acceptance of the new technology was the fact that the first few large plants built in South Africa convincingly demonstrated better gold recoveries than the traditional filtration/Merrill Crowe process, with lower capital and operating costs. And as the plants developed an operating track record over their first few years of life, they proved to be remarkably robust mechanically, and highly tolerant of plant upsets, changes in feed composition and solution phase contaminants that had caused problems in Merrill Crowe plants."

Jan 1, 2011

By Bruno Lemelin

Falconbridge Ltd Raglan Mine has been in production since 1998 and has produced annually some 900 000T of ore grading 3.1% nickel, 0.9% copper and 0.06% cobalt. The mine is located in Nunavik, Northern Quebec. The current mine life is estimated at approximately 20 years. Reserves are composed of numerous small ore bodies situated across a 65 km strike length. Planning the extraction of the ten small mineralized zones represents a great challenge to optimize. The overall objective is to maximize the company?s return on net assets. Actual planning uses computerized technology tools like Automod and Mine2-4D, and a conventional discounted cash flow method (DCF) of calculating net present value (NPV). The complex setting of Raglan could benefit from advance valuation techniques such as the real options method (RO). This paper will present the characteristics if the mines that make it a good candidate to use RO to gain further insight.

May 1, 2004

By Claude Bazin

"Laboratory semi-batch flotation tests were conducted using two different sulphide ore samples. The size reduction was adjusted to cover a wide range of flotation feed size distributions. Results show that similar recoveries can be achieved independently of the fineness of grind. This result suggests that possible energy savings could be achieved by a redistribution of the power between the grinding and regrinding mills. The behaviour of the selectivity curves shows that some gangue minerals are more sensitive to particle size than other ones, implying the existence of preferential associations between minerals in the ore.INTRODUCTIONInteractions between grinding and flotation have been studied for many years, and still a robust model to link the two processes lacks to be developed (Girard et al., 2005; Bazin et al., 2001). The ore size reduction liberates mineral grains, while flotation separates them into valuable minerals and gangue. The more size reduction that is applied to the ore the more important is the mineral liberation but also the production of fine particles that can pose problems during flotation (Trahar and Warren, 1976). The definition of the grinding requirement for flotation is a complex problem (Rickelton and Dell, 1977; Sosa Blanca et al., 2000; Morrison, 1993; Wei and Gay, 1999).This paper analyzes the effect of the fineness of grind using semi-batch flotation test results. The first two sections describe the test procedure and the results. The third section analyzes the results in terms of liberation and selectivity, and proposes a possible redistribution of power between grinding and regrinding mills."

Jan 1, 2006