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By Daniel T. Brian, O&apos

Exploration targets and results in the mining industry are commonly summarized in terms of tonnage and grade. Business appraisals require, as additional information, the expected profit or loss implied by the physical summay. The early incorporation of knowledge gained through financial analysis computations can provide a means for economically resolving many common exploration and development problems. Examples of such applications from the activities of exploration planning, reconnaissance, land acquisition, and development planning are presented. While prospecting for mineral deposits, geologists are frequently asked what they hope to find or have found. The response is usually descriptive, such as "50 million tons of 1% copper," and the economic implications are deferred until a capital investment decision is required. At that time, a financial analysis integrating the four analysis components is completed. These components are: 1) Tonnage and Average grade above cutoff grade 2) Capital and operating costs 3) Product value 4) Appropriate profit or loss accounting Close examination of these components reveals that there is no intrinsic reason for avoiding financial analyses at earlier stages in exploration, as long as the uncertainty of the estimate is realized. Tonnage and average grades are commonly estimated at early stages in exploration. For this component, the appropriate cutoff is the major uncertainty. Capital and operating costs are difficult to estimate before detailed quantitative information is available, but estimates useful for the types of applications pertinent to earlier exploration stages are possible. Product value estimates may or may not be difficult, depending on the pricing structure of the particular commodity. A simplified accounting procedure usually may be adopted without introducing any significant loss of validity. This paper describe some of the financial analysis applications which are pertinent during mineral exploration and deposit development. These applications lend additional insight during exploration planning, land acquisition, physical exploration, and development. The examples are oriented toward a hypothetical management investment policy which is based on a single criterion, a minimum 15% discounted cash flow rate of return. In reality, managements use multiple criteria. This simplification is convenient for purposes of presentation and does not invalidate the examples. Computers are useful, but not a requirement, for the applications described. The use of computers provides the results on a more timely basis at costs lower than equivalent manual computations. UNDERLYING PRINCIPLES AND ANALYSIS METHODS Data estimates are subject to uncertainty. The analyst may choose to assess this uncertainty by using one of two principles. Each principle has some advantages. The principle most commonly employed is "assumed certainty." Each financial analysis is based on one set of selected data, which may represent the average estimates, minimum expected conditions, etc. The critical data is identified by making successive calculations, varying the values used. Such studies, called sensitivity analyses, isolate the economic effect of various uncertainties, and guide the allocation of future efforts toward improving the overall accuracy of the analysis. A second principle, "assumed risk," examines the interactive effect of the current uncertainties by qualitatively assigning probability distributions to each data element. These probability distributions indicate the currently appraised chance that a given numerical value will prove to be true. The corresponding procedure, risk analysis, consists of processing many individual financial analyses, each analysis being based on randomly selected numerical values from the probabilistic distributions. The result is a numerical presentation of the uncertainty, but care must be exercised in the interpretation of results. The advantage of this procedure is the direct measurement of economic uncertainty caused by the interaction of uncertain estimates. Kennecott Copper Corp. has developed computer systems for accomplishing sensitivity and risk analyses.

Jan 1, 1970

By Lawrie D. C

Finely ground beryl was decomposed by mixing with ground limestone and soda ash and heating at 900°C for 4-6 hr. The sintered mater:al was then crushed and leached by boiling under reflux with 5N sulphuric acid for up to 4 hr. The liquor containing Be, AI, Fe and other elements as sulphates, was separated from the residue which consisted mainly of silica and gypsum, either by filtration or bydecantation washing.The clarified leach liquor was first treated to remove Fe+++ by contacting with a primary amine-kerosene solution in 2 countercurrent stages. The iron free liquor was then passed to a 4-stage counter-current extraction unit where it was contacted with O·5M di- (2 ethyl hexyl) phosphoric acid (EHPA) in kerosene. Under the operating conditions, 99 per cent of the Be and 7 per cent of the Al was extracted.The Be and Al were stripped from the organic phase by sodium hydroxide solution of suitable concentration to form soluble "beryllate" and "aluminate" respectively. Most of the Be was subsequently precipitatedas Be(OH)2 by heating the alkaline solution to 90°C, the Al remaining in solution. After filtration and washing, the Be(OH)2 could be ignited directly to BeO at about 1000°C or used as a feed to further purification stages if required.A small counter-current extraction unit was operated continuously using liquor derived from the sintering and leaching stages. Dataobtained in batch laboratory tests were confirmed. A product obtained by ignition of the washed "beryllate" precipitate contained more than 99 per cent BeO.INTRODUCTIONIn 1958 an investigation was commenced into the recovery of beryllium oxide from beryl, as part of a programme to utilize mineral resources of South Australia. A survey of the literature indicated that little work had been done on direct solvent extraction of beryllium from aqueous liquors, so it was decided to apply the experience gained in this field in uranium processing to the current problem.Preliminary extraction tests on solutions of beryllium...

Jan 1, 1965

In New York City, on the walls of the library of the United Engineering Societies are these words:"Engineering-the art of organising and directing men and of controlling the forces and materials of nature for the benefit of the human race," but who, reading the schedules of even our best engineering schools, would infer that engineering is an art or that it should always havejn mind the benefit of the human race? While it must be remembered that our engineering schools exemplify the British cult of the amateur, that cult which lets men who have never attended a lecture on "Education" or perhaps nevereven read a book on it, become enginering teachers by profession (and so educators by inference), the root of the matter is to be found in the fact that our educational aims, and consequently our educational practice, seem suited much better to the position engineering held in the community in 1900 than to the position it holds to-day. This civilization of ours has developed, !;loth for good and for ill, into one based largely on engineering achievement; technical progress is so continuous and so rapid that thevalue of descriptive knowledge of current practice is ever lessening; enough must be imparted to make the young graduate immediately employable, and this amount is sufficient for illustrating the principles on which practice is based and on which its advance depends, but the young graduate's technical progress depends much less on his having acquired additional knowledge than on his ability to acquire knowledge, so, paradoxically, the more useful knowledge there is availabJe the less of it the student should be taught.Less conspicuous but fully as important is the enlargement of the field of work of engineering graduates, especially its extension to the initiating of policies and to the broader problems of administration. At present the road to such positions lies normally through a considerable period of professional work, but it is by no means unlikely that the field will soon include much that requires little professional expel'ience. At all events it is safe to say that the changed. and changing position of engineering in the communitydemands the attention of the engineering schools and that profitable discussion of engineering education demands some understanding of the real nature of education and of the part which engineering plays in the life of the community.THE NATURE OF EDUCATIONUnfortunately "to educate" supplies an example of how words degenerate in meaning; most people regard it as the equivalent of "to instruct"; a small number feel they have gone to. the root of the matter when they say...

Jan 1, 1941

By B. Y. Park

This paper develops a series of three-dimensional simulations for the Bayou Choctaw Strategic Petroleum Reserve. The U.S. Department of Energy plans to leach two new caverns and convert of one of the existing caverns within the Bayou Choctaw salt dome to expand its petroleum reserve storage capacity. An existing finite element mesh from previous analyses is modified by adding two caverns and increasing the size of existing Cavern 102. The structural integrity of the three expansion caverns and the interaction between all the caverns in the dome are investigated. The impacts of the expansion on underground creep closure, surface subsidence, infrastructure stability, and well integrity are quantified. The results show that from a structural viewpoint, the locations of the two newly proposed expansion caverns are acceptable, and all three expansion caverns can be safely constructed and operated.

May 1, 2009

By M. K. Larson

Proper employment of numerical stress analysis design tools is based on the demonstrated ability of a model to capture key elements of the geologic site model and accurately simulate how these elements interact with a mine design. While these tools have progressed markedly, they are, at heart, a gross simplification of the abundant complexity of a natural setting and its response to mining. A generic deep longwall site model was developed that includes aspects of the geology of deep coal mines in the Wasatch Plateau and Book Cliffs coal fields of Utah. The site model contains a set of common features and observations of how these features typically respond to mining. This site model was the basis for evaluating use of empirical, boundary element and volume element stress analysis tools to analyze the distribution of stress around a deep longwall panel. More specifically, this evaluation examined shifting of stress to panel abutments and gob, distribution of stress in the abutment, and deformation and failure of bridging strata. Measurements of abutment stress changes at two sites in the Wasatch Plateau region were used to illustrate model calibration. Overall, these comparisons highlight the considerable differences between methods. Volume element tools can incorporate considerable detail and have fewer underlying assumptions, but this detail carries a considerable computational cost. Boundary element tools are much more efficient. But this efficiency also comes at a cost of added assumptions. These assumptions were challenged by the presence of a strong sandstone unit in the overburden, leading to boundary element results that depart significantly from volume element results. Empirical rules are the simplest, but are even more burdened by assumptions, many of which are implicit in underlying cases. Insight into the nature and impacts of underlying assumptions in each method is essential to proper use of results in mine design. Disclaimer: The findings and conclusions in this report are those of the authors and do not necessarily represent the views of the National Institute for Occupational Safety and Health

Jan 1, 2009

In setting out to describe the methods and machinery employed at Iron Knob the writer does not attempt to give any information as to the situation, topography or geological features of the locality. This, together with estimates of the quantities of ore still available, has been carried out in a most thorough manner by R. L. Jackr and F. R. Hockey. This essay is intended to deal with working methods as they exist to-day, beginning with drilling, blasting, quarry traction, etc., and touching on such details as the supplyof electricity, water and compressed air.At the present time almost the entire output of ore is won from the hill known as Iron Monarch. The form of the hill, a smooth, rounded dome, rising some 640 ft. above the plain and having a base diameter of n miles, lends itself ideally to the "bench" system of open-cut quarrying.Fig. 1 shows the relationship of the benches "A," "B" and "E" in their order of development. Bench "E" is at present the principal working, but, as the greater part of the ore above this level has now been removed, bench "A," some...

Jan 1, 1936

By Paolo Cavalcoli, Marco Ziller

"ABSTRACT: In the year 2010 the State of Denmark together with the Municipality of Copenhagen, launched a very important and complex Project : the complete construction of a new double Subway Line :the CITYRINGEN.Copenhagen is the capital with a metropolitan population of 1,9 million.This line is like a ring placed in the very town center which includes all the most historical and monumental buildings and churches, with a total length of 17 km, and the presence of 17 stations plus 4 service shafts.The buildings have been built in the last centuries in an area where the groundwater is near to the surface and there are lakes and channels: the techniques adopted were advanced for those times, but limited as far as regards settlements and resistance to horizontal movements.The soil consists in 2 main groups.1.Upper sediments of the glacial ages : thickness total = 5-20 m composed by clay- silt-sand-gravelcobbles- granite boulders and flint in blocs and in layers : frequency and size of these obstacles wherenot determined.2.Limestone layers : 2a. upper limestone : highly fractured ,highly permeable2b.Itermediate limestone : less fractured, medium permeability.2c. Lower limestone : almost not fractured, low permeability.2d Bryozoan limestone : composed by fossils with microscopic dimensionsIn all the limestone formations there are important layers of flint , having thickness variable up to 3 m and important extensions. Water : in a part of the areas of the Cityringen the water is drinkable and utilized in the public waternet.Pollution: there are polluted zones due to previous industrial activities. Benzene areas have been identified, and for those areas special protections against pollution have been implemented.METROSELSKABET ,the public owner of the Cityringen,has set as priority to operate for the construction of the Cityringen the full protection of the environment and the respect of all the stakeholders :Very strong limits for the exhausted gas emissions have been introduced, by far stronger than those applied from the State of Denmark, very strong limits for the acceptable noise emission. And last but not least very important safety measures and procedure to avoid any accident on site."

Jan 1, 2014

By Richard Klimpel

"Over the last 15 years, there has been a number of plant scale sulfide mineral flotation tests organized by this author specifically aimed at understanding how flotation rate varies with reagent type and dosage. With regard to the Interaction of collector dosage, particle size, and frother type, the eight specific trends listed in the paper (Illustrated with data from two specific case studies) are qualitatively the same for almost all plants studied in some depth. The Interaction of flotation rate K and equilibrium (Infinite time) recovery R in the plant has been denoted as the R/K trade-off. The effect of collector dosage on the rate of flotation of specific particle size intervals is particularly interesting and once understood, is quite useful In understanding how industrial flotation plants respond to changing reagent type and dosage. The location and magnitude of the R/K trade-off can be different for various ores and various plant configurations, but the RIK trade-off is almost always present. The purpose of this paper is to clearly describe and illustrate the nature of this very Important flotation system Interaction so that operating engineers have a starting reference point for beginning successful plant Improvement studiesIntroductionIt is well recognized by industrial froth flotation plant operators that improving existing sulfide circuit performance is often difficult due to the self-compensating systems nature of the froth flotation system, e.g. Klimpel (1988, 1989, 1995). Extensive plant testing with existing and new reagents by this author throughout the world has clearly shown that one of the more important self-compensating mechanisms is the Interaction between collector dosage, frother type, and particle size. The term self-compensation in flotation simply means that as the plant operator consistently changes one parameter in the same direction, the nature of the froth flotation system Is such that the circuit will eventually begin to resist this controlled parameter change by automatic (uncontrolled) changes In other parameters and the overall circuit performance will go through a maximum or minimum (hence causing the operator to stop the parameter change)."

Jan 1, 1997

The stability of parallel underground coal mine galleries and pillars have been investigated using two- and three-dimensional (3D) numerical stress analysis. Anisotropic horizontal in situ stresses and the direction of the excavations have been considered in the numerical analysis. The stability of the tunnels driven in a coal seam at various working depths has been investigated taking into account different strata conditions and then results from two- and three-dimensional numerical modelling studies were compared. Maximum principal stress components have been chosen in three various directions: vertical, parallel and perpendicular to the tunnel axis. Analysis have shown that in the anisotropic in situ stress field, the favourable direction of underground mine openings which have different strata conditions depend not only on the horizontal in situ stresses but also on the vertical in situ stresses. Furthermore, 3D numerical modelling studies have been carried out to investigate stability of multiple entry longwall panel gate roads and pillars with various width-to-length ratios (W/L). Results of the modelling studies have shown that the critical dimension of coal pillars depends on their width and the direction of maximum horizontal stresses.

Dec 6, 2010

By Tumilty JA, Schmidt CG

Sulphide ion is a powerful poison in gold cyanidation, however, the detrimental effect is less severe in plant practice. This is thought to be due to the presence of depassivating elements in the ore, mainly lead. Trace amounts of lead can counteract the poisonous effect of considerable amounts of sulphide. The reaction is instantaneous and is likely to be a direct involvement in the electrochemical surface reaction. Lead addition cannot be regarded as an all-round cure when experiencing poor leach efficiencies. A possible beneficial effect depends on the mineralogy of the ore and has to be determined individually for every material.

Jan 1, 1989

By Barnard Foo

Topics of Discussion ?Location ?Production & Mining Operation ?Mineralization ?Mining Method ?Rock Mechanics Issues ?Ground Control Problems ?Numerical Analysis ?RockmassBehaviour ?Conclusions & Recommendations ?Discussion

Feb 1, 2008

By Sidney Katell

Covering the period from January 1961 through December 1961, this report is a continuation of the series that began with the publication of Information Circular 7516 in October 1949. It is also the third report in the series to be prepared as a cooperative effort by the Bureau of Mines and the American Association of Cost Engineers. The cooperative agreement between the two groups provides for the publication of an annual cost bibliography with the work load involved in the preparation shared equally. The abstracted articles, concerned with all facets of cost engineering in the field of chemical and petroleum plants and related facilities, came from the following sources: 1. A.A.C.E. Bulletin. 2. Bureau of Mines Information Circulars. 3. Bureau of Mines Reports of Investigation. 4. Chemical Engineering. 5. Chemical Engineering Progress. 6. Chemical Week. 7. Coal Age. 8. Coal Utilization. 9. Cost Engineering. 10. Industrial and Engineering Chemistry. 11. Nucleonics 12. Oil and Gas Journal. 13. Petroleum Engineer for Management. 14. Petroleum Refiner. 15. World Oil.

Jan 1, 1962

By L. J. Cabri

Although no complete mineralogical balances have been published, the background knowledge and proven, highly sensitive analytical techniques to produce them already exist. For PGE-Cu-Ni sulphide ores a combination of ore microscopy, image analysis and electron microprobe analysis with proton microprobe analysis of sulphides for Pd, Rh and Ru and ion microprobe analysis for Pt, Ir and Rh (in some minerals) should provide the necessary data when combined with reliable assays. Other sulphide ores, such as the Cu-Ni-(PGE) ores of Sudbury, Ontario, require a similar approach except that the ion microprobe would be more suitable for the analysis of Pd, Pt and Rh because of its greater sensitivity. Oxide-silicate ores may be harder to deal with quantitatively, although the potential to confirm the presence of trace PGE within silicates and oxides may be greater than in PGE sulphide and Cu-Ni-(PGE) sulphide ores. However, solid solution of PGE in oxides and silicates still requires thorough documentation and evaluation in terms of their significance for the overall metallurgical balance

Apr 1, 1994

By Shamim A. Dar, & Samsuddin Khan, & K. F. Khan, Mohd Shuaib

The Late Paleocene–Middle Eocene phosphate nodules of Solan District of Himachal Pradesh belong to green facies of Subathu Formation of Sirmur group. Field observations indicate sporadic distribution of phosphatic nodules in the yellow brown to rusty brown, buff-colored bleach shales. Phosphatic nodules are dull earthy to dark grayish in color and break with sharp and conchoidal surfaces. Studies of phosphatic nodules using petrological microscope, X-ray diffractometry, and scanning electron microscopy (SEM) attached with energy dispersive X-ray (EDX) reveal that cryptocrystalline apatite (fluorapatite) is the dominant phosphate mineral. Silt sized silica is the dominant gangue, whereas pyrite and muscovite are present as minor gangue. The phosphate minerals occur as oolites, pellets, and cryptocrystalline apatite in the groundmass. Silica veins form a network replacing the original phosphatic matrix. Brown to brownish black color may be attributed by the organic matter in the phosphatic nodules. Completely phosphatized radiolaria and partially pyritized planktonic foraminifera are observed. There is corroboration of organic matter in the form of microbial filaments in the groundmass of apatite. The findings in the present investigation indicate that the different forms of the minerals, their texture, and distribution in the phosphatic nodules might be due to environmental vicissitudes in oxidizing to reducing conditions followed by replacement processes. Presence of microbial filaments may be due to the active role of microorganisms during the formation of these phosphatic nodules.

By Shamim A. Dar, Mohd Shuaib, K. F. Khan, Samsuddin Khan

The Late Paleocene–Middle Eocene phosphate nodules of Solan District of Himachal Pradesh belong to green facies of Subathu Formation of Sirmur group. Field observations indicate sporadic distribution of phosphatic nodules in the yellow brown to rusty brown, buff-colored bleach shales. Phosphatic nodules are dull earthy to dark grayish in color and break with sharp and conchoidal surfaces. Studies of phosphatic nodules using petrological microscope, X-ray diffractometry, and scanning electron microscopy (SEM) attached with energy dispersive X-ray (EDX) reveal that cryptocrystalline apatite (fluorapatite) is the dominant phosphate mineral. Silt sized silica is the dominant gangue, whereas pyrite and muscovite are present as minor gangue. The phosphate minerals occur as oolites, pellets, and cryptocrystalline apatite in the groundmass. Silica veins form a network replacing the original phosphatic matrix. Brown to brownish black color may be attributed by the organic matter in the phosphatic nodules. Completely phosphatized radiolaria and partially pyritized planktonic foraminifera are observed. There is corroboration of organic matter in the form of microbial filaments in the groundmass of apatite. The findings in the present investigation indicate that the different forms of the minerals, their texture, and distribution in the phosphatic nodules might be due to environmental vicissitudes in oxidizing to reducing conditions followed by replacement processes. Presence of microbial filaments may be due to the active role of microorganisms during the formation of these phosphatic nodules.

By D. D. Ndenguma

This investigation compares the results from an experimental and numerical study of air flow in a scaled-down underground coal mine model. This was done in order to determine if numerical analysis can be relied upon when searching for ventilation solutions to control high concentration of coal dust and methane gas in underground coal mines. Steady state analyses were used to identify flow patterns and recirculation regions within the mining section while transient state analyses were used to determine the time taken to extract the initial air from the model. The agreement between the experimental and numerical results indicates that numerical modelling is useful in this regard. The study went further to devise a method of determining the optimum position of the jet fan that is responsible for mine-gas dilution at different stages of mining.

Jan 1, 2014

By D. Limpitlaw

The origins of mine closure practice have influenced the way in which it is implemented by companies and regulators. Mine closure practices essentially started developing in the 1970s in countries with advanced economies and mature mining industries. In these settings, the emphasis was justifiably placed on restoration of the landscape and an attempt was made to return to the ?natural? pre-mining land cover. These practices continued to evolve and incorporated socio-economic and cultural aspects, especially after the Brundtland Report in 1987 and the subsequent Earth Summit in 1992. Today mining is increasingly occurring in remote parts of developing countries where there may be significant need for infrastructure such as roads, clinics, and schools. The costs of returning land to low (economic) value pre-mining use may be far greater than establishing a viable postmining land use that could potentially add value to the community and take pressure off sites for greenfield development elsewhere. Furthermore, natural resource limitations (such as topsoil availability) may limit the degree to which the historical land cover can be re-established. Establishing post-mining land uses may aid in mitigating the loss of employment that is inevitable when mines close. Stakeholder participation in establishing post-mining land cover and land use options is critical for long-term success. Similarly, third parties must be identified to support the development of the post-mining land use This paper draws on the experience of the authors in several developing countries and presents a case for maximizing re-use of mining infrastructure. The paper does not advocate the adoption of poor rehabilitation standards, nor or the wholesale destruction of land capability, but rather leaving key infrastructure in place for post-mining use that may support sustainable development.

Jan 1, 2014

Experimental Validation of a Flotation Cell Model

Sep 13, 2010

By T. W. Beck

Overexposure to respirable dust remains a widespread health hazard to roof bolter occupations in underground coal mines. Recently implemented mist drilling technology was evaluated for its effectiveness in controlling respirable dust exposures for roof bolting personnel. This work presents the findings from NIOSH field and laboratory studies comparing respirable dust levels on mist drilling roof bolter machines to dust levels measured on machines using a conventional vacuum drilling system. Gravimetric and instantaneous respirable dust samples were collected for multiple drilling cycles. These dust measurements were used to assess the potential dust control capabilities relative to conventional drilling. Controlled laboratory tests found 0.3 mg/m3 more respirable dust with mist drilling than with the conventional vacuum method. A separate field investigation of the two techniques observed higher dust levels around the mist bolting machine.

Jan 1, 2008

By Russell E. Griffin

The current state-of-the-art of fire and smoke detection technology is reviewed from the standpoint of suitability for use in underground metal and nonmetal mines. Detection modes, fire signatures, and environmental considerations are included. Preliminary results of long-term in-mine tests are presented.

Jan 1, 1979