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By Marco A. Vera

"This paper investigates the froth function in flotation and the associated upgrading process. Flotation literature has revealed that one of the main functions of the froth phase is the cleaning of bubble-particle aggregates by rejection of entrained material. The cleaning and transport processes across the froth phase exert straining forces on these aggregates on their way up to the froth surface. These forces will impact on the recovery of bubble-particle aggregates.The grade at the top of the froth (TOF) is a parameter related to the quality of particles collected by bubbles in the pulp zone (true flotation). It has recently been demonstrated that TOF corresponds to the maximum practically attainable grade described by the recovery-grade (or enrichment ratio) curve. TOF lumps all the processes experienced by the bubble-particle aggregates before reaching the launder concentrate. This paper describes a methodology for quantifying flotation performance by means of the top of the froth sample - a touch of froth.INTRODUCTIONFroth flotation may be the most important mineral processing technique, but its theory is complex and is not completely understood even though many aspects have been studied and reviewed (Teague, 1998; Wills, 1992).Two distinct particulate systems prevail in the flotation process: a pulp phase and a froth phase (Figure 1). The pulp zone had been studied extensively; however, it is only recently that techniques to measure the froth zone performance have been developed (Contini et al., 1988; Falutsu and Dobby, 1992; Feteris et al., 1987; Seaman, 2002; Vera et al., 1999b).Flotation involves a number of mass transfer processes, occurring in the pulp phase and the froth phase. The formation of the froth and its subsequent removal are considered to be two important steps of the process. Phenomena that occur in the froth phase are known to affect flotation performance significantly (Cutting et al., 1981).Because the froth has a high free surface energy (as a result of the extensive interfacial surface between liquid and air), it appears thermodynamically unstable. The foaming is a dynamic balance, as new bubbles are added continuously from the pulp, while others disappear from the top. Under steady-state conditions, the volumes of added and subtracted air are equal (Booth, 1953)."

Jan 1, 2003

By R. E. Barbosa

Seepage forces generated during tunnel excavation affect the ground response and may cause severe instability problems, including total ground collapse and flooding into the tunnel. This paper presents a new closed-form analytical solution, for stresses and displacements around a cylindrical tunnel excavated in a porous water-bearing elasto-plastic material, which includes the effects of seepage forces. The analysis is carried out in terms of effective stresses and pore water pressures. The solution shows that seepage forces may have a major effect on the effective stresses around the tunnel, on the extent of the plastic zone, on the radial displacements, and on the tunnel support requirements. The conditions for development of a ?flowing ground? condition at the tunnel face have been identified. The paper presents a procedure for the hydromechanical ground-support interaction analysis, to determine the excavation induced inflow and the pressures acting on the lining, throughout the progressive driving of the tunnel, including the effective pressures exerted by the ground and the pressures generated by the water.

May 1, 2009

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 K. Peake, A. Dalvi, V. Hernandez, S. Chang, M. Oliazadeh

"Ironstone Resources Ltd. is developing the Clear Hills oolitic iron ore deposit in northwest Alberta, Canada. Sources of oolitic iron ore worldwide are abundant and ubiquitous, but there is currently no commercial technology to extract iron from oolitic iron ores. Mineral processing of the ore to generate a commercial iron ore concentrate is very challenging due to the nature of these ores. Accordingly, Hatch and Ironstone are developing a new pyrometallurgical process (Hatch Ironstone Chloride Segregation) to produce metallic iron from high silica and high phosphorus oolitic iron ores. Following the chloride segregation process, the treated ore is subjected to fine grinding. The iron is then separated by magnetic separation. The iron grade and phosphorus content of the final product shows a strong dependence on the separation methodology and the grind size. The pyrometallurgical process has been developed and tested at a lab-scale pilot plant. The commercialization of this technology could provide an opportunity for the development of a new alternate iron making technology. This paper presents the results of test work done on the raw iron ore to create a concentrate and also on the products of the pyrometallurgical process for the production of a high grade 90% metallic iron product.INTRODUCTION Oolite is a sedimentary rock formed from ooids – spherical particles with concentric layers. There are a number of large oolitic iron deposits where the mineralogical form features a low iron content and high concentration of impurities making them presently impossible to exploit on either a technical or economic basis. The fifteen largest oolitic iron ore deposits in the world are estimated to contain approximately 337 billion tonnes of iron ore, which would be a significant source of supply for worldwide steel production. A viable process that can economically recover iron from these oolitic iron ore deposits could become an important new technology to meet future demand in the steel industry. Hatch and Ironstone have demonstrated that oolitic iron ores can be exploited to produce direct reduced iron (DRI). Direct reduction ironmaking is a method for producing solid metallic iron using different techniques compared to the blast furnace process, which is the more conventional ironmaking route. The demand for the construction of direct reduction ironmaking plants has increased in response to the increasing demand for crude steel. It is viewed as a method of providing low-residual iron sources to scrap-based steelmaking in electric arc furnaces."

Jan 1, 2014

By Véronique Falmagne

The mining sequence at Noranda?s Bell-Allard mine calls for two mining fronts retreating toward a central pillar known as the Retreat Zone between pyramids A and C. It is clear from numerical modeling and rock mass characterization that the induced stress level in the pillar will exceed the rock mass capacity. A mining plan was developed including the re-dimensioniong of stopes in the Retreat Zone, additional ground support and instrumentation in order to ensure the safety of the workforce and to maximize ore recovery while minimizing production delays. The mining strategy consists in allowing the rock mass to fracture and fail progressively while maintaining control of the existing openings with the appropriate support. A systematic analysis of rockbursting and caving hazards was conducted for all accesses and stopes in order to plan ground support and instrumentation needs.

May 1, 2003

"Drilling twinned holes is a traditional technique used for verification of intersections of high-grade mineralization, testing of historic data, or confirmation of drillhole data during geological due diligence studies. Twinned holes can also be used for special tasks such as correcting earlier data that are recognized to be biased. Successful implementation of the twinned-holes technique requires thorough planning. Experience suggests that good practice is to drill twinned holes no more than 5 m apart. Many unsuccessful twinned-holes programs could possibly have failed because the twinned holes have been drilled too far apart.Twinned holes are best compared by mineralization intersections and, if the data and geological characteristics of the deposit permit, by samples, equal-length composites, or geological units. Variables to be verified by twinned holes should include the thicknesses of the geological units of interest (e.g., mineralized thickness) as well as the presence of significant geological features (e.g., ore/mineralization contacts, alteration, etc.).A formal, rigorous analysis of twinned-hole data is essential. Repeatability of sampling, analytical results, and bias must be analyzed and statistically quantified. The number of twinned holes required for conclusive statistical and geostatistical analysis can be as high as 20-30, in particular where the studied variables are characterized by high short-range (local) variability.The efficiency of this approach is demonstrated by several examples of successfully applied twinned-hole projects, including applications to orogenic gold, mineral sands, bauxite, and iron ore deposits."

Jan 1, 2009

By Mario E. Rossi

The full economic evaluation of a mining project requires a block model that provides an estimate of the tons and grades of available resources. The model must be representative of the mineralization to be found at the time of mining for specified extraction periods and within acceptable error margins. In an operating mine, there may be a reasonable understanding and estimates of actual dilution and ore loss. This paper discusses the issue from the perspective of a project at a feasibility or preproduction level of development. Three types of dilution are discussed. Internal dilution (or change of support) is function of the spatial distribution of the mineralization and its relation to the operation?s selectivity. Geologic contact dilution is the unavoidable mixture at contacts or boundaries of material with different geologic characteristics, grades, or metallurgical performance. Operational planned and unplanned dilution should also be considered, sometimes incorporated by factoring the resource model, but more accurately by mimicking the grade control process. The resource estimation process always carries uncertainty, which is sometimes significant, and usually caused by several factors. These include quantity and quality of drill hole information; quantity and quality of geologic data; grade estimation methodology; dilution and mining recovery factors applied; etc. A key decision is to whether estimate as accurately as possible the in-situ geologic resource or to estimate the tons and grade of the material to be fed to the processing plant. The geologic modeling and grade estimation methods used are conditioned by this decision.

May 1, 2009

By D. Wolfe, K. Reid, T. Nunn

"The Aurora North mine has been operating for more than ten years, and is the source of over half of Syncrude’s bitumen production. In order to minimize front-end rejects, and to allow for high throughput, the ore top size at Aurora has been set at a nominal 125 mm. These relatively large lumps have a significant effect on both pump performance and pipeline pressure gradient. Current design methods underestimate the solids de-rating effect of lumpy slurries in pumps, and do not accurately describe the distribution or magnitude of the lump effect on pipeline pressure gradient. Data from the Aurora hydrotransport systems has been compiled, to quantify the effect of lumps on the pump head ratio and pipeline pressure gradient, and how this effect changes as lump ablation occurs along the length of the pipeline. A model has been built, using a logarithmic curve, which predicts the effect of 125 mm lumps on pipeline pressure gradient as a function of velocity and the distance from the start of a hydrotransport pipeline. This model is applicable only to Aurora hydrotransport operation, but similar models could be developed for other operations using the same methods. Using accurate pipeline pressure gradients and pump head ratios when designing future hydrotransport pipeline systems will help improve their reliability and operability."

Jan 1, 2014

By F. Dai

Granitic rocks usually exhibit strongly anisotropy due to pre-existing microcracks induced by geologic loadings. The understanding of the rock anisotropy in mechanical properties such as tensile strength is critical to quarrying and stabilization of underground structures. In this paper, Brazilian tests are conducted in combination with MTS material testing machine and split Hopkinson pressure bar (SHPB) system to measure both static and dynamic tensile strength of anisotropic Barre granite. Samples are cored and labeled using the three principle anisotropic directions of Barre granite (BG). These directions are also chosen as the loading directions for the Brazilian discs. For dynamic tests, pulse shaping technique is used to achieve dynamic equilibrium in the samples during the test. Finite Element Method is implemented to formulate equations that relate the failure load to the material tensile strength employing a orthotropic model for Barre granite. For samples in the same orientation group, the tensile strength shows clear loading rate sensitivity. The tensile strengths exhibit clear anisotropy under static loading; while less anisotropy under dynamic loading. The tensile strength anisotropy of Barre granite is interpreted as interactions of the pre-existing microcracks.

May 1, 2009

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 A. R. Miller, G. Desrivières, T. MacKinnon, H. Bursey, M. C. Bétournay, B. Replogle, D. L. Barnes, P. Laliberté

"A mine production locomotive, the world’s first applied industrial fuel cell vehicle, has been designed and tested in the context of a number of proof-of-concept projects supported by the Fuelcell Propulsion Institute, an international consortium of stakeholders dedicated to facilitate the commercialization of fuel cell vehicles.The locomotive’s simple electric-powered motor and controller system was ideal to study a number of requirements related to fuel cell power application: hydrogen power plant operation, underground hydrogen use, risk and regulatory requirements, production performance versus the conventional battery- powered locomotive version under measured duty cycles and production requirements, power plant design improvements for other fuel cell vehicles, and cost benefit aspects.This article will focus on the design and testing aspects of this project which has led to successful performance demonstrations of the vehicle under surface and underground conditions at two mines. It will also present information on the creation of a safe, reliable, and efficient power plant that fulfilled its design objectives, including longer productivity time for a given vehicle fill-up."

Jan 1, 2004

By Louise H. Michaud

Albian Sands Energy is scheduled to begin production at its oilsands operations in the fall of 2002. Start-up includes the selection and implementation of over 75 IT systems or computer applications. These include engineering applications, systems required to control mining activities, maintenance, the processing plant and utilities, and also systems required to run the company, such as human resources, finances and inventory/warehousing. This paper outlines the processes used for the selection, implementation and integration of these systems in order to optimize the use of information and to meet the technical, business and IT requirements of the company. The first step in Albian?s approach to identifying system requirements is the development of a Business Activity Model, outlining all tasks involved in running the operations. The computer applications required to accomplish each task are then identified by having the IT team work closely with each technical and business unit. Historically, at some companies, the selection of systems has been lead by the IT team or by consultants, with little input from the technical or business units. Typically, this results in products that don?t meet the company?s expectations. To ensure a more positive outcome, Albian believes that it is imperative that the company?s technical and business people are closely involved in the selection process. Integration of the IT systems is also key, including linking all applications through a Data Warehouse and EDMS. Over 120 required integrations have been identified. This ensures the storage of all data in only one location, data security, and easy data and document retrieval for all requirements throughout the company.

May 1, 2002

By R. W. Watson, H. D. Peer

"This paper outlines the history of steel linings in the Autogenous Mills, the factors influencing the decision to convert to rubber lining, and the operating and cost experience with the rubber liners to date. INTRODUCTIONSherman Mine is an open pit iron ore mining, concentrating and pelletizing operation located at Temagami, Ontario. The operation employs 392 hourly employees and 81 salaried employees and has an annual capacity of over one million L.T. of high quality iron ore pellets produced from low-grade magnetite ore.The Sherman Mine is a joint venture; 90% owned by Dominion Foundries and Steel Limited (Dofasco) of Hamilton, Ontario, and 10% owned by the Tetapaga Mining Company, a wholly-owned subsidiary of the Cleveland Cliffs Iron Company of Cleveland, Ohio. The operation and management of the mine is by Cliffs of Canada, Limited. Development of the property was started in 1965, with pellet plant production beginning on March 17, 1968. At the present time, the orebodies contain sufficient reserves to sustain operations at current production levels for 30 years. Mining was originally carried out in three orebodies, the North, South, and West pits. The North Pit has been exhausted and mining operations ceased in the spring of 1980. A fourth pit, the East Pit, will be developed during the early 1980's."

Jan 1, 1981

By R. T. Elworthy

Canada ranks second in the list of world consumers of natural gas. In 1923 our production was nearly fifteen million thousand cubic feet valued at $5,800,000. Our output, however, appears very small compared with that of the United States, which in 1923 totalled over one thousand and eight million cubic feet, valued at $240,000,000. Natural gas is found in commercial quantities in three? provinces in Canada. New Brunswick: Natural gas in New Brunswick has been utilized commercially only since 1912,although the investigation of oil and gas possibilities of the province commenced as early as 1859. The annual production is a little more than one-twentieth of the total Canadian production and remains fairly constant from year to year. Ontario: In Ontario the earliest gas wells were drilled in Essex and Welland counties between the years 1885 and 1890. On account of the small demand in Canada the cities of Detroit and Buffalo were supplied with large quantities of gas from these wells, but this export was curtailed in 1898 and finally ceased in 1900. The production of natural gas in Ontario, mainly from fields in Lambton, Kent, Essex, Norfolk, Haldimand and Welland counties, increased rapidly from 1900 until the peak was reached in 1917, when over nineteen million thousand cubic feet valued at $3,641,587 was consumed.

Jan 1, 1925

By J. R. Goode

"The Las Cristinas deposit contains about 10.2 million ounces of gold at a grade of 1.3 g/t. The deposit comprises a layer of fully oxidized saprolite (SAPO), a layer of sulphide-enriched saprolite (SAPS), carbonate leached bedrock (CLB) and carbonate stable or un-leached bedrock (CSB). Gold occurs at about the same level in all lithological groups. The bedrock units contain minor amounts of copper (about 0.1%) as chalcopyrite, while SAPO contains virtually no copper it having been leached and deposited in the SAPS zone.A previous owner started investigation of the Las Cristinas deposit in Venezuela in 1991. Over the next seven years, 1174 holes with a total length of 159 km were drilled, extensive metallurgical testwork, including pilot plant operations, were conducted and feasibility studies were completed. Construction was started in 1997 and again in 1999 but was suspended.Crystallex has been producing gold in Venezuela since the early 1990’s. In 1997, Crystallex acquired Inversora Mael which had held two of the claims to the Las Cristinas concessions since 1986. In September 2002, Crystallex entered into a definitive agreement with the Corporación Venezolana de Guayana, (CVG), to develop the Las Cristinas deposit.An extensive program of studies and testwork was started in early 2003 to determine an optimum development plan for Las Cristinas. Mine Development Associates, SNC–Lavalin Engineers and Constructors, SGS Lakefield Research Limited, J.R. Goode and Associates, and Professor A. Laplante at McGill University acted as the main contractors.Because of the potential value of by-product copper, earlier flowsheets used carbon-in-leach for SAPO, but processed all other ore types by flotation to produce a gold-copper concentrate with cyanide leaching of cleaner tailings to maximize gold recovery. Cyanide recovery was necessitated by the high copper content of the leach feed. Initial studies of available data by Crystallex revealed that direct leaching of all ore types would provide about 11% more gold recovery than the previously selected flotation route with reduced capital and operating costs.Bench and pilot scale studies have confirmed that a SAG-ball mill-gravity-CIL route is very effective for all ore types and will give about 89% gold recovery. This paper describes the recent testwork, discusses the proposed plant design, and presents economic data."

Jan 1, 2004

By Stephen R. Grano, Jon Glatthaar, Philippe Steinier, Christopher J. Greet

"The importance of the oxygen content of sulphide mineral pulps in determining which reactions occur, and their subsequent influence on flotation behaviour is grossly underestimated in most operating concentrators. While pH is routinely monitored, Eh and dissolved oxygen measurements are obtained infrequently. However, dissolved oxygen measurements in conjunction with other pulp chemical parameters (i.e. pH, Eh, and EDTA extractable metal ion analysis), can provide valuable insight into where and what type of reactions are occurring within a circuit. Unfortunately, these readings yield “instantaneous” measurements of the pulp chemical parameters.What is needed is a means of establishing how reactive a pulp is, and how this reactivity changes as components of the system are manipulated. Oxygen demand provides an opportunity to do this. Several attempts at measuring the oxygen demand of a pulp have been made in the past with varying degrees of success. Most notable among these are Noranda and BOC Gases.Learning from these experiences, Magotteaux have developed the MagO2 ® demand vessel to measure the oxygen demand of mineral pulps. This paper described the apparatus, and through a case study on Broken Hill lead/zinc ore demonstrates how the MagO2 ® demand vessel is used.INTRODUCTIONThe role of oxygen in flotation is complex. While a considerable body of work exists demonstrating the strong involvement of oxygen in the interactions between sulphide minerals and collector (Gaudin and Finkelstein, 1965; Gaudin, 1974; Woods, 1984; Laajalehto, Nowak and Suoninen, 1993), the presence of oxygen can also affect the oxidation state of sulphide and non-sulphide minerals, which can impact on their flotation behaviour. Further, sulphide mineral oxidation is related to their oxygen demand (Spira and Rosenblum, 1994)."

Jan 1, 2004

By P. Wells, P. Quinn

"A moveable flotation miniplant was designed and constructed at the research laboratory of Inco Technical Services Ltd. to address the need for flowsheet development with a limited amount of ore (such as drill cores). It consists of one rod mill, two regrind ball mills, one vibratory screen, 24 flotation cells of various sizes and two Venturi aerated flotation columns. The setup has continuous monitoring capability for pH, dissolved oxygen, oxidation-reduction potential, conductivity and temperature in conditioning tanks and flotation cells. Various options regarding flotation reagents, circuit configurations, and fineness of primary grind and regrind can be readily evaluated. The throughput of the miniplant is 20 – 30 kg/hour ore.Unit operations such as flash flotation, magnetic separation and gravity concentration can also be evaluated as an integral part of an entire flowsheet development.This communication describes the basic design features of the miniplant and some examples of applications are given.INTRODUCTIONInco operates numerous mines in Sudbury and Thompson and will shortly bring the Voisey’s Bay mine into production. It has long been recognized that the ores from different mines or from different depths of the same mine can give different responses in flotation. There is a growing need to properly evaluate the ores before feeding the mill to maximize the return of the mine/mill operation. Inco Technical Services Limited at Sheridan Park, Mississauga, Ontario has developed a batch laboratory procedure to address this issue. The results are considered in the overall economical assessment of new mine operations.For ores that cannot be processed by the existing mill operations or that will be processed by a new mill, it is necessary to develop a flowsheet that can maximize the economical return of the mine/mill operation. While recognizing the importance and contribution of the laboratory batch flotation procedure, it does not generate reliable data for flowsheet simulation and design. A full-scale pilot plant campaign is normally required to obtain the design data but often this is not possible due to a limited amount of ore obtainable from the drill core. A small-scale pilot plant (mini pilot plant or miniplant) capable of processing 20-30 kg/h ore can provide this data prior to a full-scale pilot plant campaign. A miniplant can also be used to optimize the circuit configurations, reagent additions and recycle options of process water before pilot plant work and can be used to test a different flowsheet configuration for an existing mill before re-piping a plant circuit."

Jan 1, 2003

By Christoph Mueller

Broad band mine communication traditionally is characterized mainly by individual solutions, which have in common their long development phases and their high cost for development, operation and service. The use of Ethernet and the TCP/IP family of standardized protocols provide an uniquely price efficient combination of high bandwidth open networking, universal use and accessibility of price efficient development tools, especially because it forms the technical infrastructure for the worldwide Internet. TCP/IP and Ethernet assures reliable networking however it is not able to guarantee the latency timing of forwarding network information. Therefore, the network design requires strict load limitation and application level traffic control especially if moving equipment has to be manually remotely controlled via the network. The paper discusses the technologies the application of Ethernet and WLAN in underground mining environments.

May 1, 2006

By Jim Truskoski, Alain Bouchard, Andy Kerr, Germain Labonté, Jim Barrett

"Improving mill grade recovery relationships is always good business. INCO’s Clarabelle Mill has just undergone a $16 million process upgrade that was designed to improve nickel recovery by 2%. The “Mill Redesign Project” was completed on time, under budget and delivered the promised improvement in recoveries.This paper describes the methodology of the Mill Redesign Team, details of the process improvements and the critical success factors that helped the team deliver on its promises.With a payback of under one year, the Mill Redesign Project will play a key role in ensuring a competitive edge as INCO embarks on its second century of operation.INTRODUCTIONIt is not uncommon in milling operations to encounter a crisis. That is the point when the process does not behave as expected and fails to respond to the increasingly desperate efforts of the metallurgists and operators. Flowsheet and process changes are attempted and abandoned. With luck, one or more of the changes achieves some mitigation of the original problem or more usually, the original cause of the problem disappears. Regardless, the metallurgist can sit back and bask in the apparent success of his or her endeavours.Less common is when a problem is carefully diagnosed, a team put together to explore all avenues and recommend a path of action that is implemented on time, on budget and immediately delivers on the promises which are sustained over time. This is one such story. It is the story of the Mill Redesign Project at INCO’s Clarabelle Mill in Copper Cliff, Ontario.BACKGROUNDThe Clarabelle Mill was built in 1971 on the southern rim of the Sudbury basin. At that time it was one of four mills operated by INCO in the Sudbury area. During the 1970’s, 80’s and 90’s, the need for increased process efficiency, higher levels of sulphur rejection to tails and the concurrent development of high capacity mills and flotation cells, resulted in the consolidation of INCO’s Sudbury area milling operations into a single, expanded facility at Clarabelle."

Jan 1, 2003

By Peter A. Eshun

This paper studies two methods that account for risks associated with gold mining projects such as mineral risks and country risks. The first method is sensitivity analysis, which investigates the effects of a change in any economic parameter such as operating cost, capital investment, gold price or taxes on the viability of the project. The second method is Monte Carlo Simulation technique, which takes into consideration the simultaneous random variation of the economic parameters on the project's viability. An automated simulation cash flow model has been developed as part of this paper. Sensitivity analysis and the simulation model have been used to investigate the economic viability of the Dokrupe Gold Project (DGP) serving as a test case. It is concluded that, the Monte Carlo Simulation technique gives a more realistic judgement of the economic viability of gold mining projects.

May 1, 2004