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By Michael Klichowicz, Holger Lieberwirth

"For a detailed prognosis of mineral comminution processes, simulation tools like DEM still pose various challenges. Less realistic mineral structures can affect the results of simulation models such as bonded-particle models (BPM). Hence, in order to design mineral processes with these models as tools, representative mineral input data should be used. The article shows, how realistic 2D-structures can be modelled by taking advantage of the parameters identified by the Quantitative Mineralogical Analysis (QMA). Important quantitative parameters can be derived by analyzing three orthogonal thin or polished sections. For this reason point, line, and area analysis are applied. The mentioned parameters precisely describe the texture and structure of minerals. The newly developed software is able for the first time to semi-automatically analyze images of mineral structures using QMA. Moreover, statistically equivalent structures of minerals can be modelled using the QMA- parameters. Generating synthetic, but equivalent mineral structures opens the door for more reliable BPM based simulations. Within future research, the procedure will be adopted to generate 3D-structures. Therefore, QMA-based routines that already have been applied to generate 2D-models shall be utilized as basis. The aim of this procedure is to synthesize realistic microstructures based on certain statistical figures in order to improve comminution simulations.INTRODUCTION Due to its increasing capability, the use of computer technology is permanently intensifying in the design of mineral processes. The recent past has impressively shown that computer models can enhance the understanding of mineral processing. There is in fact a rising number of research activities, which are using simulation approaches to study various aspects of it. Weerasekara et al. (2013) give a comprehensive overview over the application of discrete element modelling (DEM) in the science of comminution.Nonetheless, using simulation tools such as DEM in general still poses a challenge. For a detailed simulation of a mineral comminution process with DEM, bonded particle models (BPM) appeared suitable in the past. The following issues, however, affect an appropriate prediction when modelling with BPM:• Simulations with high numbers of particles may need a lot of time for computation. • Internal modeling parameters like the spring and damper constants in DEM have to be adjusted by comparing its specific crushing behavior in the simulation to reality.• In order to use DEM for prediction of mineral processing, it is essential to validate the correctness of the models and assumptions, which is sometimes difficult. As Weerasekara et al. (2013) have stated it is crucial that the DEM method as well as the DEM code work properly.• It is challenging to implement the complex geometric structures of real minerals into the model."

Jan 1, 2016

By Allan J. Guse

The primary limiting factor for hoisting capacity from great depths is the self-weight of the typical steel wire ropes used for mine hoisting. Steel wire ropes possess properties making them very suitable for mine hoisting including high strength and durability, but have the negative characteristic of being relatively heavy in comparison with their strength. Also, as hoisting depths increase, the service life of steel wire ropes decreases due to the higher stresses and physical effects on the ropes. The significantly higher strength-to-weight ratio of synthetic ropes compared with steel ropes offers the primary advantage of hoisting a larger payload with a similar size rope and hoisting plant. The beneficial properties of synthetic ropes could be used to improve the overall economics of deep underground mining both for new deep shaft projects and for existing mining operations expanding to deeper orebodies. A research and development program has been initiated to evaluate the suitability of a fully synthetic rope for the mine hoisting application, including rope discard methodology and NDT testing. The three phases/projects are: 1) proof of concept with focus on coilability under load (successfully completed in 2012); 2) high speed and load durability optimization & NDT Development; and 3) in-situ mine trial.

May 1, 2013

By A. Jordens, Y. Zhiyong

"IMBSRE, one of the largest rare earth element (REE) producers in China, produces a rare earth oxide (REO) concentrate as a by-product by floating the middlings stream from a low intensity magnetic separation step in the main iron ore processing stage. As the mine depth has increased, flowsheet changes in the main iron ore circuit have reduced the REO grade and increased the magnetite to REO ratio in the middling product used as flotation feed for the REO circuit. Extensive laboratory work was carried out and identified a new modified hydroxamic acid product, Florrea 8920, that could provide better metallurgical results over the standard hydroxamic acid used as the main collector. This paper briefly reviews the use of hydroxamates in the flotation of oxide minerals, provides detailed information on the different hydroxamates available from Florrea and then provides a case study of the successful implementation of the Florrea 8920 product in a commercial Chinese REE flotation plant. The case study consists of a one year program of pilot plant testing and industrial trials to confirm the results of laboratory tests. The implementation of the new collector resulted in an improvement in grade and recovery to 61% and 64% respectively. The new collector also provided significant economic and environmental benefits.INTRODUCTIONThe flotation of rare earth element (REE) bearing minerals is a topic which has been dominated in the English language literature by the work conducted on the Mountain Pass bastnäsite deposit (Pradip, 1981; Fuerstenau, Pradip, Khan, & Raghavan, 1982; Pradip & Fuerstenau, 1983, 1985, 2013; Fuerstenau & Pradip, 1991; Fuerstenau, Pradip, & Herrera-Urbina, 1992; Herrera-Urbina, Pradip, & Fuerstenau, 2013). By far the most important collector type used for the flotation of rare earth minerals (REM) is hydroxamates. These reagents were initially extensively described as REM collectors in the English literature by Pradip (1981) however they have been successfully applied to numerous other minerals such as: cassiterite (Sreenivas & Padmanabhan, 2002); pyrochlore (Gibson, Kelebek, Aghamirian, & Yu, 2015); hematite, chrysocolla, rhodonite, hubnerite and pyrolusite (Fuerstenau, 2005); and malachite (Lenormand, Salman, & Yoon, 1979) amongst others."

Jan 1, 2016

By N. Shi, T. G. Joseph

ABSTRACT A revised equilibrium approach to evaluate dipper-ground interactions during the dig cycle of ultra-class mining shovels operating in soft unblasted uniform ground conditions is presented. A review of previous approaches, leading to an outline of the modifications and ground condition considerations, is made in support of the reasoning and basis for the derivation presented. An analytical solution is provided to the scenario of a cable shovel dipper digging in soft ground material such as oil sands.

Jan 1, 2012

By K. Fujita, T. Kikuchi, Y. Sakamoto

Ceramic fibers were classified as a category 2 carcinogen by The European U legislation. Therefore we developed non-fibrous insulating castable which utilizes n porous aggregate, which is composed of Calciumhexaluminate. Although at beginning we applied alumina cement as binder for non-fibrous insulating castable, kind of formulation had a poor resistance to spalling. We developed non-fibrous insulating castable without alumina cement. This solved a problem which pre\ formulation had a poor resistance of spalling. We applied a new non-fibrous insub castable for reheat furnace in steelworks, then we could achieve good result which condition equivalent to ceramic fiber insulating castable.

Jan 1, 2004

By T. Hadley, Northern Minerals Ltd, C. S. Griffith, T. A. Safinski, K. H. Soldenhoff, M. Fainerman-Melnikova, A. Manis

"ANSTO Minerals and Northern Minerals have been working together since 2012 on the process flowsheet development for the Browns Range project for the recovery of the heavy rare earths (Dy – Lu, + Y). Initial efforts were directed toward defining the most efficient and direct flowsheet for the Preliminary Feasibility Study (PFS), issued in June 2014, then towards the Definitive Feasibility Study (DFS), issued in February 2015. These goals were achieved by undertaking comprehensive laboratory and continuous piloting programs. Further improvements to the flowsheet following the DFS have been made. This publication provides an overview of the evolution of the process flowsheet based on these laboratory and piloting programs from the PFS through the DFS and beyond.INTRODUCTIONNorthern Minerals Ltd (Northern) has been working on developing their flagship project at Browns Range for the recovery of the heavy rare earth elements (HRE, Dy – Lu, + Y). The project is located in the north of Western Australia as shown in Figure 1. The Total Mineral Resource at the project is currently estimated at 8.98 Mt @ 0.63% total rare earth oxides (TREO) comprising 56,663 t of contained TREO using a cut-off grade of 0.15% TREO. Of the Total Mineral Resource, 58% is classified as Indicated Resource, with the remainder in the Inferred Resource category.The deposit is characterised by breccia-hosted, hydrothermal, HRE-rich, xenotime mineralisation. The main gangue mineral associated with the xenotime is quartz. The distribution of rare earths (RE) observed for the xenotime mineralisation at Browns Range is presented in Figure 2. Extensive test work has shown that the xenotime can be readily beneficiated to between 20 – 40% rare earth oxide (REO) using a process consisting of crushing and grinding, followed by magnetic separation and flotation steps. Continuous piloting of this process was conducted on ~80 t of trench-sourced ore in late 2013 at SGS Perth, to produce ~2 t of ~20% REO mineral concentrate (MC) for hydrometallurgical testing. The composition of the MC produced during piloting is presented in Table 1."

Jan 1, 2016

By Shengwu Song, Xuemin Feng

Jinping I hydropower station is located in Sichuan Province in Southwest China. It is built on the Yalong River as a controlling cascade hydropower station in the middle and lower reaches, with power generation as its major function. Jinping I arch dam concerns many engineering issues and has attracted worldwide attentions due to its huge scale and unique settings. It is one of the most challenging projects in China with its 305 meters high arch dam and complex geological conditions for construction, including large-scale tectonic faults, intensively unloaded rock masses and geological asymmetry in its foundation. At present, the concrete arch dam construction has been completed and preliminarily impounded, most of the foundation treatments have been implemented, and four of six generator units had been put into operation in July 2014. In this paper, the analytical methods, design concepts, treatment measures and technical features of strengthening the geological defects in the dam foundation will be presented. Upon geological investigation into the dam foundation, a few large-scale weak discontinuities are observed. The rock masses in the left dam foundation are intensively unloaded, approximately to the horizontal depth of 150–300 m. These serious geological defects lead to a geological asymmetry on the left and right banks, and thus some major difficulties of dam construction are encountered. The influences of geological defects on the dam construction and safety are analyzed comprehensively, followed by the concepts and methods of treatment design. Based on this, the treatment methods of the weak rock masses and discontinuities are carefully determined by numerical analysis and scheme optimization, including the concrete cushion, concrete replacement grids, drainage system, anti-seepage curtains and consolidation grouting, which work together to enhance the strength and integrity of the dam foundation. Evaluations and calibrations through geo-mechanical model tests in combination with field monitoring results in early impoundment period show that the arch dam and its foundation are generally stable and function normally, which suggests that the research methods and treatment design schemes are reasonable and effective. The proposed treatment methods and concepts in the context are helpful for similar complex rock projects.

Jan 1, 2015

By L. Zeng, Q. Feng, Z. Qiu, L. Ou, Central South University

It is well-known that the use of nanobubbles can significantly improve the flotation efficiency of ultra-fine particles. However, this is mainly focused on coal and phosphate rock flotation. In the field of nonferrous metal processing, the related research is few. In this paper, a small laboratory mechanical cell associated with a specially-designed nanobubbles generator was used to investigate the effects of nanobubbles on enhancing ultra-fine scheelite flotation. Nanobubbles were created and based on the hydrodynamic cavitation principle through Venturi tubes. Comparative flotation tests were performed using different tubes to evaluate the nanobubbles impact on the ultra-fine scheelite particle flotation recovery. In order to better understand the nanobubbles enhanced ultra-fine scheelite flotation, nanobubbles potential and size distribution were measured. The effect of nanobubbles on the particle aggregation and scheelite particles potential were also studied through the turbidity tests, microscope tests and zeta potential measurements. According to the results, the mean size of nanobubbles was about several hundred nanometers, and the surface of nanobubbles was of highly negative charge in alkaline conditions. The flotation recovery of ultra-fine scheelite particles was increased in the presence of nanobubbles. The zeta potential measurements indicated that the repulsive forces between scheelite particles decreased when nanobubbles existed. Through the turbidity tests and microscope tests, the promotion effect of nanobubbles on particle coagulation could be verified more directly. The existence of nanobubbles in flotation system promotes the particle aggregation, thus increasing particles apparent size and particles capture by bubbles, which may be the fundamental reason why nanobubbles enhance ultra-fine scheelite flotation.

Jan 1, 2016

By J. Gillies

"Those of you who were at last years C.M.P. meeting are aware there was discussion at that meeting concerning the best method of assisting the assayers of metal mines to exchange new ideas and methods of assaying. The opportunity to advise you of what came of that discussion is very much appreciated.There are several societies, including the Chemical Institute of Canada, the Spectroscopy Society and others that could be of some assistance to assayers. However, since these societies cover a rather broad field and not many mine assayers have the opportunity to attend their meetings, it was felt that an organization oriented to the specific needs of the mine assayers would be of more value to them.Several years ago an attempt was made to hold meetings for the benefit of assayers in conjunction with the Conference of Metallurgists held each year by the Metallurgical Society of the C .I.M.M. This did not work because very few of the mine assayers attended the meetings.With the very evident success of the type of meetings the C.M.P. have and the excellent groundwork done by your secretary, Mr. Stevens, in talking about this to mine management and assayers at many mines across the country, it was decided to hold a meeting at Noranda on October 8 to discuss how best we could help ourselves solve our problems.For the initial meeting it was felt that perhaps it would be better to start with a smaller group, so invitations were sent to mines in Ontario and Quebec that were geographically fairly close to Noranda."

Jan 1, 1970

By E. W. Lucht

THE term "high pressure", as used in industry today, is applied rather loosely. Generally, it refers to pressures that are higher than those encountered in most industrial processes although no definite limits are normally stated. For the purpose of this talk I should like to set rather arbitrary limits to the term "high pressure", and in ab-solute figures this would be the range from 1000 psi to perhaps 40,000 or 50,000 p.s.i. The scope of high pressure technology is very broad, and it would take more time than we have avail-able here today to cover fully even one aspect of the field. Therefore, I should like to discuss just some of the techniques used and problems en-countered in high pressure operations. Research work into the high pressure region dates back about 150 years, but it was not until 1910 that the first commercial application of high pressure technology was made in the production of ammonia.

Jan 1, 1962

By J. J. O?Neill

Introduction The Beattie mine is the first of its character to be exploited in Quebec. It is primarily a large low-grade gold deposit containing values which a few years ago would not have been considered as ore. Much interest is attached to this development as its success may mean a greatly enlarged scope to gold mining in Canada on deposits which have formerly been considered worthless. Because of its potential importance as a pioneer in low-grade gold mining, the Quebec Bureau of Mines decided to make a careful detailed study of the Beattie in the hope not only of assisting in its development, but of stimulating the search for similar essential geological conditions in other parts of the Province. This paper is a summary of the results obtained during two months on the property in 1932, supplemented by a few trips underground in 1933. The full report will appear in the Annual Report of the Quebec Bureau of Mines for 1932, Part C. Location and Means of Access: The Beattie ore-body is situated two miles west and one half mile north of the centre of Duparquet township, and approximately 22 miles north 28° west of the town of Noranda. Until the fall of 1932, access to the property was from LaSarre, on the Canadian National railway, over a thirty-mile water route with one portage 600 feet long; about 2,000 tons of machinery and supplies were taken in by that route. An automobile road, nine miles long, now connects the property with the Makamik highway, and a narrow-gauge railway, without ballast, gives outlet for concentrates from the mill to the C.N.R. tracks of the Rouyn-Taschereau line, nineteen miles distant.

Jan 1, 1934

By L. Hacini

The start-up is the most critical phase of the cell life, as an uncontrolled start-up could lead to early infiltrations, instabilities, and in some cases to the cell death. Lots of efforts are put to increase the lifespan of cells, as it has a major impact on both the operating costs and the environmental footprint of the aluminum industry. Obviously, a true size test on a cell is a resources- and time-consuming approach that could be used only to validate mature concepts. Moreover, numerical modelling is a low-cost and versatile tool capable to test a wide range of potential ideas and concepts. In the present article, a thermal electrical mechanical slice model is presented. This model describes the preheating and bath periods of a P155 aluminum cell start-up, as used at the Grande Baie smelter. The impact of sodium diffusion and expansion is also included in the model. This model will be useful to study different problematical issues such as the global behaviour of lining materials, shell and cradle deformations during start-up and several start-up scenarios. Such a model will also be able to answer some interrogations regarding early infiltrations and their impact on the lifespan of the electrolysis cell.

Jan 1, 2011

By C. W. Hancher, B. D. Patton, W. W. Pitt

"There are a number of nitrate-containing wastewater sources, as concentrated as 30 wt % NO3 and as large as 2000 m3/day, in the nuclear fuel cycle. The biological reduction of nitrate in waste water to gaseous nitrogen, accompanied by the oxidation of a nutrient carbon source to gaseous carbon dioxide, is an ecologically sound and cost-effective method of nitrate waste disposal. These nitrate-containing wastewater sources can be successfully biologically denitrified to meet discharge standards in the range of 10 to 20 g N(NO3-)/m3 by the use of a fluidized bed bioreactor. The denitrification bacteria are a mixed culture derived from garden soil; the major strain is Pseudomonas. In the fluidized-bed bioreactor, the bacteria are allowed to attach to 0.25- to 0.50-mm-diam. coal fluidization particles, which are then fluidized by the upward flow of influent wastewater. Maintaining the bacteria-to-coal weight ratio at approximately 1:10 results in a bioreactor bacteria loading of greater than 20,000 g/m3,This paper describes the results of a bio denitrification R&D program based on the use of fluidized bioreactors capable of operating at nitrate levels of up to 7000 g/m3 and achieving denitrification rates as high as 80 g N(N03-) per day per litre of empty bioreactor volume. IntroductionThe discharge of wastewater containing nitrate at concentrations greater than stipulated by the Environmental Protection Agency (EPA) creates an environmental hazard and constitutes a civil and/ or criminal legal liability.(I.2) At present, we have three options: (1) recycle and reuse of nitrate streams the total economic and technical balance should be Closely examined; (2) use of an alternative acid, which may pose an entirely different set of problems ; or (3) disposal of nonreusable nitrate sources by an environmentally acceptable procedure."

Jan 1, 1980

By L. Janku, G. Hancox, M. Villenueve, C. Massey

Wellington lies in a seismically active area 150 km from a subduction zone and in the vicinity of several active faults, which poses a risk to its infrastructure and inhabitants. One of these major faults, the Wellington Fault, runs through the centre of the city and across several lifelines, including the natural gas pipeline and the freshwater pipeline. The first settlement in the area was severely damaged in 1848, soon after its establishment, by an earthquake of approximate magnitude Mw 7.4 - 7.5 (Grapes, Little, & Downes, 1998). In 1855, another earthquake of magnitude Mw 8.2 generated by a nearby fault uplifted the eastern part of the current Wellington area and caused several landslides in the surrounding hills (Grapes & Downes, 1997). The Central Business District lies in the area of a sedimentary basin and partly on reclaimed land. Many residential areas, as well as some vital infrastructure, however, lie on or along the slopes in the surrounding hills. The bedrock in the area comprises predominantly the Torlesse greywacke of Permian – Late Triassic age. The greywacke is tilted to a steep angle, intensively faulted and fractured (Cook, 2001). Even though several studies in the past assessed the seismic risk in the area (e.g. Brabhaharan, Hancox, Perrin, & Dellow, 1994), the studies either focussed solely on the area of the sedimentary basin or based their assessment of the hilly terrain purely on slope morphology (slope angle). Previous studies have shown that slope shape and contrasting materials in the slope can amplify earthquake ground motions, such factors are typically called site effects (e.g. Geli, Bard, & Jullien, 1988). Any attempt to systematically quantify the site effects and consequent seismic response of the slopes and use it to predict the consequences of the next large-magnitude earthquake, has not yet been carried out. In this extended abstract we outline the methodology of a PhD research project, focussed on investigating the site effects on the slopes around Wellington and on creating representative numerical models of ‘characteristic’ Wellington slopes and materials. This extended abstract presents the methodology adopted for the assessment using the Te Ahumairangi Hill site as an example.

Jan 1, 2015

By Micheal Mayhew

"This presentation will provide information and facts on the drilling and blasting within a frozen shaft using a full face methodology. The Author will briefly discuss the history of the sinking of a frozen shaft in Saskatchewan, the challenges faced, and the solutions delivered. The case study will include a discussion describing the series of events that led to the decision to adopt a full face blasting methodology. The case study will describe key elements such as the drilling pattern, hole size and depth, explosive products and blast vibration monitoring systems. INTRODUCTION During the shaft sinking process at a project in Saskatchewan, it was recommended that a drill & blast benching method be utilized. Following an evaluation of the site, the geological conditions proved amenable to a ground freezing system that would stabilize the rock formations and prevent inflows of water into the shaft (Table 1).The shaft sinking process required that the ground surrounding the proposed shaft be frozen by drilling several near vertical freeze holes radially at a specified distance from the edge of the proposed shaft excavation. This would allow for the circulation of a chilled brine solution down the freeze holes. The circulation is achieved by means of stainless steel pipes encased within each other to provide a delivery and return conduit for the brine (Figure 1). As a result of this periphery freezing, the ground within the shaft excavation is also predominately frozen.The finished internal diameter of the shaft was 5.5 meters with varying overall excavation diameters to facilitate different liner designs used for various rock formations. For the most part, the fully unsupported/unfinished excavated diameter of the shaft varied from 6.9 meters to 8.5 meters depending on the zone excavated. The challenge was that the proposed drill and blast excavation method posed a significant risk due to the potential to damage the freeze wall and pipes during blasting. The decision was made to commence the excavation through mechanical excavation (i.e. chip and cut) methods then change to a drill and blast method utilizing a split benching design. Through this process, the team encountered five main challenges: 1. Sub-horizontal geological structures and slips that affected blasting performance and sometimes resulted in a sloping surface to the top of the bench; 2. Confined working area for the crews and equipment due to a limited work area as a result of utilizing the split (half) bench drill and blast methodology; 3. Mechanical chipping and cutting of the one-meter buffer zone to the final shaft diameter; 4. Crews working on extremely slippery uneven frozen rock and ice surfaces, which affected safety and efficiency; 5. Establishing a blast vibration monitoring system to determine if the drilling and blasting of the full shaft excavation diameter were acceptable."

Jan 1, 2019

By D. B. Dreisinger, M. R. Tavakoli

Vanadium has been produced from both primary and secondary sources having various compositions. Vanadium pentoxide and vanadium trioxide are the most available and known sources of vanadium oxides. In this paper, an overview of leaching both oxides has been reported. The problem of vanadium pentoxide leaching under acid conditions is the low solubility of the dissolved vanadium. This was investigated and then supplemented with further studies of leaching at mildly basic pH’s as well as under acid reductive leaching conditions (to form vanadium (IV)). Atmospheric oxidative leaching of vanadium trioxide was investigated using oxygen and ferric ion as the oxidant. It was shown that the leaching of vanadium trioxide using oxygen is very slow; however, ferric ion can dramatically increase the kinetics and leach efficiency.

Jan 1, 2014

By Frank Lemy

This paper presents an application of digital face mapping in an underground mine. Based on photographs it was possible to construct discontinuity maps, which were used to characterise the rock mass. The results were compared favourably with values obtained through scanline and area sampling mapping for the same site. The case is made for digital mapping as a safe, fast, and efficient way to characterise rock mass structure for engineering purposes.

May 1, 2001

By J. Manchisi

This study has investigated the use of blast furnace slag as functional adsorbent for metal ions in acid mine drainage treatment. This opportunity has not yet been developed into a practical process partly because of limited understanding of rates and mechanisms of adsorption process and inconsistency in interpretations of adsorption data. The overall objectives were to determine the efficiency and mechanisms of sorption process of metal ions in a multiadsorbate system. We employed standard materials characterisation techniques to analyse composition, structure and surface morphology of the slag. Batch adsorption experiments were then conducted to study the mechanisms, kinetics and efficiency of metal sorption as a function of pH, phase ratio, mixing time, mass and particle sizes of slag. Both XRF and adsorption data suggested the slag to possess acid neutralising capacity. This slag is non-crystalline based on XRD pattern, has adequate porosity and pore volume comparable to similar commercial adsorbents but it has inferior pore structure, pore size distribution and BET surface area to be effective under wide applications. Metal sorption increased with decrease in slag particle diameter, decrease in initial metal concentration and increase in the mass of slag. Although slags have demonstrated to efficiently treat low concentrations of single and multiadsorbate effluents using fine particle sizes, they have limited capacity to treat multiadsorbate systems for some metal ions. This is probably due to low affinity, competitive adsorption or limitation in material?s adsorptive properties. Sorption mechanisms probably involve precipitation and ion exchange on the basis of alkaline pH and exchangeable slag surface ions. Sorption preference is proposed as Fe2+>Cu2+>>Cd2+>Co2+>Mn2+. Despite these limitations, deeper understanding of sorption behaviour of metal ions by slags for application in dilute and large volumes of effluents is necessary where precipitation and other standard techniques are either inefficient or uneconomic. Thus, this study has established that sorption capacity of slag to remove metal ions from acidic effluents is selective, limited to certain metal ions and for other ions only at low concentrations. Further adsorption studies in multiple solutes under various experimental conditions or those that can propose an economic slag activation process are needed that improves or widens adsorption window.

Aug 1, 2013

By H. Asgari, A. G. Odeshi, J. A. Szpunar

In the current research, the role of grain size on the texture formation and mechanical behavior of rolled AZ31B Mg alloy is investigated under shock loading conditions. The grain size of the original asrolled sample was 8 µm and different grain sizes, e.g. 25 and 46 µm, were produced by heat treatments at temperatures in the range of 400-500 °C. In order to evaluate the effect of grain size on the anisotropy of mechanical behavior, the samples were cut along the rolling direction (RD), transverse direction (TD) and normal direction (ND) and tested at strain rates of 900 and 1200 s-1 using Split Hopkinson Pressure Bar. Texture measurements showed that initial texture of the samples cut from the as-rolled sheet is a weak rtype texture. However, a stronger texture was observed for samples with large grains. After shock loading, a (00.2) basal texture developed in all samples and the intensity of the basal poles was higher in samples with coarser grains. This observation is corroborated by high twinning activity and possible activation of pyramidal <c+a> slip in coarse grained samples. Besides, the strength of basal texture increased with increase in the strain rate. Furthermore, the samples with larger grain size showed lower strength and higher ductility, and this was observed for all investigated strain rates.

Jan 1, 2014

By Robert T. McKnight

"Traditional techniques for valuing resource projects companies have been primarily based on discounted cashflow methods (DCF) or by comparison to similar projects with an apparent market capitalization. Many resource projects are really forms of options to invest rather than a future cashflow stream. Employing the DCF method to value a resource project which is really an option to invest, can dramatically underestimate the real value of the project. The analytical tools required to evaluate options, while more complicated than the usual spreadsheets used for DCF, are becoming more easily available and usable by managers. This paper will discuss the background of options valuation and some of the tools which will make it easier for managers to estimate the value of projects and companies which have significant real option values.ResumeBob McKnight is a graduate of the University of British Columbia in Geological Engineering, supplemented by an MBA from Simon Fraser University. Following several years in the oil patch with Cities Service and Brascan, Bob returned to Vancouver in 1979 to work for Wright Engineers. He subsequently went on to work for Cassiar Mining, Getty Resources and Endeavour Financial before joining Pincock Allen & Holt Ltd. in 1998. His experience ranges from exploration to feasibility studies, financial evaluations of mining and oil & gas projects, due diligence, project finance, valuations and mergers and acquisitions. He has extensive international mining experience pertaining to such countries as Chile, Mexico, Uruguay, Thailand, Indonesia, Angola, Papua New Guinea, Kazakhstan.What are Options?Options have been around for centuries. They were familiar to Roman and Phoenician traders who were shipping cargoes from Mediterranean seaports. In the financial world, options are types of contracts that generally include the right, but not the obligation, to buy or sell a share, currency or commodity. The underlying commodity price or share price changes are assumed to be lognormally distributed. In this context, options are of two general types, ""call"" options and ""put"" options. Call options have the characteristic of having the right to buy a tradable commodity or currency at a predetermined price for a specified period of time. For the owner of call options, they become more valuable as the price of the underlying commodity increases. For the seller of call options, these options become an increasing liability as commodity prices rise, since there is the obligation to sell the commodity at a predetermined (perhaps lower-than-market) price. This characteristic of call options recently became high profile with the sharp rise in gold prices last year. The value of gold call options sold by certain producers increased their associated liabilities to the point where margin calls were made."

Jan 1, 2003