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By D. Doyle, T. Cienski

"This paper presents and discusses the results of a detailed study conducted on the subject of energy consumption in the comminution of industrial minerals. The study was based on pilot circuit testing, plant operating data collection, detailed equipment data and literature research. The areas covered by investigations include: high efficiency classification; air classifiers for cement grinding circuits; grinding aids in dry grinding; and dry grinding circuit control based on particle size measurement. Results obtained indicate a large potential for the reduction of energy consumption, in particular in the cement clinker grinding circuits. Better classification techniques and correct application of grinding additives can significantly reduce power used per tonne of product and also substantially increase grinding circuit output."

Jan 1, 1992

By George Booth

In mining operations the cost of timber is an item of much importance, because the life of mine timbers is, in many cases, very short and, as the supply of the better grades becomes depleted, less durable kinds must be used. This, of course, tends to shorten still further the period of service-ability. While it is possible that concrete and steel may, to some extent, take the place of timber in mines, their high initial cost and the difficulty in installation will greatly restrict their use. Moreover, wood, besides being comparatively cheap to handle, possesses other desirable qualities, and for many purposes a satisfactory substitute is hard to find. Both the decreasing supply and the increasing price of timber make its more efficient utilization imperative. AGENCIES DESTRUCTIVE TO MINE TIMBERS Timber used in mines is exposed to destruction from many sources. Wear, breakage, and waste are responsible for much loss. Wood rollers and drum laggings must be frequently replaced on account of the constant wear by ropes. Unprotected timber in chutes and mills is also rapidly worn by abrasion, and track ties in main haulage ways get worn by the feet of mules, cut by ropes, etc. Large amounts of timber are broken by 'crush' and 'squeeze,' and much temporary timber is buried beyond all recovery in pillar workings and in those mines which resort to back filling. Decay and insect attack, however, cause the greatest damage. If not totally destroyed by one or both of these, the timbers frequently become so weakened that they break under the pressure upon them.

Jan 1, 1926

By L. Dufourm

This paper presents a review of plant layout considerations incorporated into recent designs of SAG/Ball mill circuits for two medium sized concentrators. The plant layouts presented and the design concepts discussed, relate to smaller SAG circuits, but can equally apply to larger milling circuits. Included are design concepts and ideas introduced by the various project teams, and the focus is on the primary factors of any layout design which are safety, constructability, operability, and capital cost.

Jan 1, 2012

By S. Amira

In the last two decades, many new creep-resistant magnesium alloys have been developed for high temperatures applications. Their mechanical performance and corrosion behaviour were reported for various experimental conditions. However, these conditions often led to uneven comparison basis. In the present study the microstructure, mechanical properties and corrosion performance of four of these newly developed creep-resistant magnesium alloys were systematically compared. Specimens were obtained from experimental box-like components that were die-cast and thixocast in comparable conditions. Their mechanical and corrosion properties were compared using similar testing conditions. Results show that the creep resistance, strength and impact resistance of specimens are comparable but systematically lower compared to specimens cast under optimized conditions. The reduced concentration of elements such as Al, Ca, Sr and Ce lead to a decrease of the corrosion resistance of the magnesium alloys in 3.5% NaCI solution.

Jan 1, 2007

By Nural Kuyucak, Bohumil Volesky

"Extensive screening revealed a seaweed (alga) biomass type which in its non-living state possesses a very high cobalt sequestering capacity comparable to that of activated carbon and the ion-exchange resin currently used in the cobalt production process. Performance of the new bio-sorbent material was studied by examining its equilibrium metal uptake isotherms generated under different solution conditions such as initial cobalt concentration pH, temperature, and the presence of selected cations and anions. The rate of cobalt uptake was determined, which is a crucial parameter for recovery process design. Almost all cobalt sorbed can also be desorbed with a solution of CaCI2. The bio-sorbent material can be used repeatedly in the sorption-desorption cobalt concentration process. IntroductionIt has been well documented that certain types of microbial biomass, living or non-living, possess a high potential to sequester and accumulate inorganic ions present in aqueous solutions. Metal concentration by microbial biomass from a solution is termed bio-sorption. This phenomenon is quite complex and includes adsorption of metals onto the surface of a microorganism and/or into the cellular structure in combination with ion-exchange, complexation, and/or micro-precipitation. Bio-sorption is generally considered to be a rapid physical/chemical process. The cell wall structure is porous and allows metal ions, as well as large organic nutrient molecules, to pass freely through. Polysaccharides of the cell wall could provide binding amino, carboxyl, phosphate and sulphate groups. In addition to these functional binding groups, polysaccharides often have ion-exchange properties. Sometimes, bivalent cations, such as Ca2+ or Mg2+, help the formation of ionic bond bridges between the negatively charged cell surfaces and positively charged cations in the solution, Proteins in the cell wall could offer functional groups and also offer peptide bonds to bind ions. Interactions between metal and the cell wall components are responsible for the sequestering of metals by way of bio-sorption. Many metals feature a complex solution chemistry and it is not always possible to determine what ionic species are actually present in the solution. The equilibria involved are dependent on pH, concentration, the anions present and other factors. The transport system for the ions are sometimes dependent on both temperature and energy. Biosorbent material could also be regenerated for multiple reuse."

Jan 1, 1988

By P. Hale

"The trend to drives of more than 10,000 hp on large-capacity ball and autogenous mills for increased operating efficiency has been limited by factors in the conventional drive system. A solution to this problem, using modern developments in static converter technology, is the concept of driving the mill directly without gearing using a low-speed, low-frequency synchronous motor with a cyclo-converter power supply.This paper presents various practical arrangements of mill and low-speed motors giving the specific advantages of each system. The means of controlling inrush currents on starting and of spotting by the use of variable-frequency control are outlined in general form. Several gearless ball mill drives are scheduled for start-up in European cement plants and further orders have been placed."

Jan 1, 1970

By F. Weinberg

"The recent development of the continuous casting process for steel has required basic understanding in a number of areas in the metallurgcal sciences. In some areas, information is still lacking. The success of the application of basic knowledge and research to the process is evidenced by the fact that a large percentage of the steel now produced in the world is produced by continuous casting.A number of areas in which metallurgical science has contributed and is currently contributing to better design and control of the continuous casting process and leading to a better quality product will be considered. These include:(a) heat transfer studies of the entire casting process;(b) fluid flow in the tundish, strand and liquid metal stream;(c) solidification structure and segregation;(d) strength and ductility of steel at high temperatures related to bulging and cracking; and(e) problems related to horizontal casting developments.IntroductionThe continuous casting of steel is a relatively new technology in steelmaking. It is now used extensively throughout the industry. In Japan, for example, continuous casting accounts for approximately 40010 of steel production, and this value is expected to increase to over 50% in the near future . New steel plants are now designed to use continuous casting exclusively. This means the process must work well and be completely reliable, because all the steel produced must go through the caster.The development of the continuous casting process in a short period of time has required concerted research and development in many areas . I shall cite a number of examples of these developments and refer to work done in Canada when applicable. No attempt will be made to review all of the research in continuous casting, nor refer to all of the workers in the field.The developments in continuous casting are based in many cases on metallurgical science, as described below. The use of metallurgical science in these developments is qualitative, in that concepts and idea s are used, as opposed to quantitative values calculated from fundamental equations. In general, most metallurgical problems are too complicated to enable fundamental equations to be used without the introduction of uncertain approximations and boundary conditions in the calculations.Starting at the beginning of the steelmaking process, very extensive research and development has been carried out to produce liquid steel of the required composition and temperature. The replacement of open hearth furnaces with BOF furnaces reduced refining time from many hours to roughly 30 minutes for 250 tons of steel. Two BOF furnaces effectively enable a continuous flow of steel to be available in a plant, essential for the introduction of the continuous casting process. This area of research will not be considered here."

Jan 1, 1981

By A. L. Mular

"IntroductionSince the mid -1960s, automatic control of grinding circuits has become the rule, to avoid losses attributable to frequent circuit upsets associated with uncontrolled disturbances such as ore hardness variations. Higher capital costs of grinding equipment and corresponding operating costs-especially with respect to energy consumption-are major factors that continue to stimulate interest in grinding control.Grinding circuit control strategies depend upon the control objectives defined by the processing plant and are subject to constraints such as: maintain final per cent solids within some range, do not transport steel ball s out of the discharge trunnion, or do not overflow or empty the pump box and so on. Constraints depend on the nature of equipment employed within the grinding circuit and may actually determine the characteristics of the control scheme. Typical control objectives are:1. Maintain final particle size at set point by ,a. manipulation of fresh feed rate with circulating load maintained by manipulation of pump box water addition rate, orb. manipulation of pump box water addition rate with circulating load maintained by manipulation of fresh feed rate, where the methodology utilized to accomplish either (a) or (b) is dependent upon equipment/circuit constraints such as the availability of a variable speed pump.2. Maintain circuit throughput at a maximum by,a. manipulation of fresh feed rate subject to constraints on final particle size and variables such as power draw, circulating load and mill overload.3. Maintain mill load at set point by a. manipulation of fresh feed rate subject to constraints such as on power draw.4. Maintain mill power draw at set point bya . manipulation of fresh feed rate subject to mill load constraints. Often, a grinding control objective is dictated by the recovery vs fineness-of-grind characteristic that exists for downstream separation circuits. When recovery is relatively insensitive to size, maximum throughput in the grinding circuit is advantageous.The purpose of this paper is to review control strategies for primary ball mill grinding circuits, rod mill/ball mill grinding circuits and semi-autogenous grinding mill circuits. Primary sensors employed are highlighted and modern trends are documented briefly."

Jan 1, 1989

By N. Lecuyer

"During early 1980, pre-production work commenced at the ""Les Mines Gallen"" project, north of Noranda, Quebec. As a result of the acid mine water associated with this property, a major pre-production phase included the installation of a water treatment plant to render the water environmentally suitable.This paper emphasizes the planning, installation and operational factors of the treatment plant necessary to the success of the mining operations and the maintaining of a clean environment.Introduction,T he Gallen Project is a zinc, gold and silver open-pit mining operation approximately 10 kilometres north of Noranda, Quebec. This property has a long history, with initial diamond drilling done in the early 1930s and underground mining taking place between 1953 and 1962. This property was reactivated in 1980, with production scheduled a t a rate of 45,000 ton s per month.Included in the reactivation plans for the property was the installation of a water treatment plant to treat the acidic mine water.Plant DesignThe requirements for the Gallen water treatment plant were two-fold. Firstly, it was necessary to neutralize the acid water and secondly to produce a sludge containing metal hydroxides and sulphates which would be stable when stored, and a clarified overflow meeting governmental regulations to be discharged to the environment.The flow sheet (Fig. I) will explain the process in treatment of the acid water.Acid mine drainage is treated with lime to increase the pH to 9.50. Metals in solution are precipitated as metal hydroxides and the 504 as calcium sulphate. The precipitate slurry is then aerated to convert ferrous iron to ferric iron, which is more stable for storage and disposal.The precipitate is next flocculated with a polymer flocculant and settled in the thickener to produce a sulphate/Hydroxide sludge and a final effluent discharged to the environment."

Jan 1, 1983

By Daniel Murray

"ACCIDENT PREVENTION in and around coal mines presents many problems of a type which are not encountered in any other industry. This is particularly true of the coal mines in Nova Scotia, where the underground workings are very extensive and the area of exposure to workmen is very great.Roof conditions at the coal faces and in the waste change very rapidly, almost from hour to hour, and it is at these places that the greatest dangers exist and where most mine accidents occur. It is only natural, therefore, that our attention, as far as accident prevention is concerned, should be concentrated •at the coal faces and in the waste, especially in mines where the longwall system is used in the operation •of the seam.It has been said that no hard and fast rules can be set down for timbering at the coal faces and in the waste in the coal mines in this area. We do not subscribe to this theory, however, for the following reasons:On the longwall faces in No. 18 Colliery of the Dominion Coal Company, Limited, where the 'Dosco Miner' has been in operation and where there is a very rigid system of timbering and roof supports, which is strictly followed, only one compensable accident has occurred on those faces from May 2ndJ 1950, to the time of writing this paper, February 3rd, 1953.The 'Dosco Miner' has worked on four different longwall faces in this mine and has mined and loaded some hundreds of thousands of tons of coal."

Jan 1, 1953

By Youngjib Ham

Understanding energy performance of existing buildings is vital to increasing their efficiency and reducing the overall energy consumptions. This entails facility managers to systematically monitor building energy performance and reliably identify and analyze potential problems. Currently, infrared thermography is widely used as a primary diagnostic tool for the detection of building performance problems. Nonetheless, applications of thermal images for building inspection are mainly restricted to manual and labor-intensive identification and qualitative assessment of heating or cooling loss. Automated identification of potential problems and reliable cost analysis of the associated energy loss can help homeowners to minimize financial risk of retrofits and maximize energy savings. To that end, this paper presents a new automated method for calculating the cost of energy loss for building diagnostics. In the proposed method, first, using a hand-held thermal camera, the auditors collect digital and thermal imagery from the buildings under inspection. Then, using a recently proposed method for Energy Performance Augmented Reality (EPAR) modeling, an actual 3D spatio-thermal model is generated and superimposed with a computational fluid dynamics (CFD)-based expected energy performance model. The resulting EPAR model is placed into the method proposed in this paper for cost analysis of the energy loss. Through a new 3D thermal mesh modeling using k-d tree structure and nearest neighborhood searching, performance deviations between these models are automatically calculated. Using a temperature threshold, the areas associated with potential performance problems are detected in the EPAR model and are visualized using a metaphor based on traffic light colors. Then, the actual R-values of the detected areas are measured at the level of 3D points. Based on the measured R-values and the estimated air change rate for the detected air leaks, (1) the heat loss or gain caused either by poor insulation or air infiltration/exfiltration and (2) the associated energy costs are automatically calculated. The proposed method is validated on several locations of existing residential buildings. The preliminary results show the potential of the proposed method for minimizing the inspection time as well as the risk associated with the cost analysis of retrofitting potential building performance problems.

Aug 1, 2013

By B. Hoare, H. M. Hill

"SYNOPSISTailings volumes, disposal systems, effects of dam failures, construction materials, and concentrator process water volumes are discussed. Earth dams and tailings dams are discussed in detail. Some of the fundamentals of soil mechanics relating to earth dams are presented. Brief notes on optimization are presented. The development of a triplex meter for earth dam instrumentation is described. The advantages of the hydro-cycloned dam over the spigotted dam are outlined. INTRODUCTIONThe realistic and responsible recognition of the pollution problem, combined with the grossly increased volumes of waste material from large modern mining operations, has emphasized the demand for safe tailings dams at minimum cost.Tailings may be defined as the waste material from a mining operation after the process of concentration in which the minerals have been extracted for commercial use. The present revenue from the Canadian Mining Industry is slightly over $4,000,000,000 per year and it is estimated that the quantity of tailings produced exceeds 300,000,000 tons annually. In many instances, the volume of tailings from a mining operation is greater than the volume of crude ore mined on account of the small quantity of valuable mineral recovered during concentration, and on account of the ""swell factor"" resulting from the processes of drilling and blasting, crushing, and grinding of the crude ore. Some of the larger mine tailings deposits contain over 200,000,000 cubic yards and the associated tailings dams are among the largest man-ma.de structures in the world."

Jan 1, 1970

By A. J. Hargraves

"It is difficult to quantify comparatively the gassiness of a property. The most common index to gassiness, cubic feet of gas per ton of coal mined, is very arbitrary and does not take into account the geological setting nor the mining operation. The gassiness of a virgin coal in situ can be assessed, but no method is precise and the most accurate methods involve prolonged field and laboratory experiments. In general, gassiness increases with depth. Whereas 'gas' normally implies methane, other gases such as nitrogen, carbon dioxide, etc. may be present in seam gas also. The inflammability of methane is a problem, particularly the explosibility of a methane-air mixture; also oxygen dilution is involved in high gas concentrations and some gases are poisonous even in low concentrations. Cross measuring into a virgin seam is usually not as troublesome as development in the seam, where narrow openings may require strong ventilation to dilute gases exuding from the face and sides. Total extraction presents problems of gas from the working seam, or from adjacent seams, particularly at the return side, or of gas-laden air from the goaf streaming out or sometimes surging out intermittently, again on the return side. In pillar extraction or longwall retreating special roadways may be required to allow the side-to-side and end-to-end flushing of the goaf which is somewhat inherent in longwall advancing. Layering may occur, particularly where ventilation conditions are not brisk. Outbursts of gas from adjoining seams may be induced by sudden rupture of roof or floor in caving workings. Outbursts of coal and gas from the working seam may occur, mostly in development work, under special environmental circumstances. Gas problems may be reduced or eliminated by predrainage of gas ....:. rarely successful from the working seam - usually undertaken from adjoining seams prior to escape of gas released by caving. The ideal solution - general predrainage of gas to the surface from measures prior to mining - has yet to be accomplished. • In the planning of gassy mines it is possible to make an assessment of gas contained in the seams and to estimate what proportion will be released into the mine air, but emission of gas into mine workings is never steady and at present there is no better planning criterion than experience at the mine next door!"

Jan 1, 1973

By Gerhard Heinrich

"The composition and the possible utilization of a slag sample from a nickel smelter operation in the Sudbury district were investigated. The sample containing 0.136% Ni, 0.10% Co and 0.29% Cu could be characterized as a fayalit e slag with a sulphide bearing glass matrix. While the fayalite contains most of the Co, Ni is enriched within both sulphides and fayalite. Cu is only present in higher amounts in sulphides or metallic droplets. This, as well as the small grain sizes of the mineral phases, inhibits significant enrichment by mechanical methods. However preconcentration is possible by means of magnetic separation. An effective hydro metallurgical approach proved to be oxygen pressure leaching with sulphuric acid. Accordingly, the method proposed for processing the investigated slags is to combine the normal utilization as coarse construction material with pressure leaching of the fines and the ground upgraded magnetic fraction. Besides the recovery of base metals, the leaching process yields fine-grained residues, which, after addition of CaD, will set to a cement-like material, or can be used as a pozzolanic cement colour. INTRODUCTIONDuring the pyro metallurgical processing of nickel ores, the valuable metals nickel, cobalt and copper are enriched within the sulphide matte, similar to the smelting of copper ores. The resulting waste materials are slags, which may still contain valuable metal contents of up to 0.5% or above . These contents are close to the cut-off grades of some nickel-cop per-cobalt deposits. The methods that are used to recover copper from slags comprise in general further pyro metallurgical treatment, often after enrichment by flotation. Another area of application for such slags is their use as construction material. However, this might cause environmental problems if nickel containing dusts are produced.Based on one example, the characerization and a possible way of complete utilization of nickel smelter slag s as construction materials in combination with partial base metal recovery are described in this paper. The investigated slag sample was obtained from a dump site in the Sudbury district, Ontario. Detailed test series for process optimization were not possible during this study due to the limited available sample size."

Jan 1, 1989

By Douglas G. Jay

"Transfer points on belt conveyors have long been a source of problems for both designers and users. Conveyors are generally given a low priority in new equipment layout, thus designers are often forced to compromise due to space limitations. Consequently, for this reason as well as for reasons of initial economics, many conveyors are supplied with less than adequate transfer points.Although not intended as a cure-all, a number of existing installations have been modified with the result that spillage has been reduced to a minimum and belt life has been extended. The most striking modification consisted of replacing conventional rigid frame idlers with five-roll catenary idlers.Although catenary idlers can be traced back to the early 1900s in North America, with a patent having been issued in Washington, D.C. as early as May 29, 1907, the practical application of this concept has only recently reached North America. Major installations include applications at St. Lawrence Cement in Oakville and Iron Ore Company of Canada in Sept-Iles, as well as belt conveyors at Stelco's Nanticoke plant and yard conveyors at Syncrude in Alberta. These installations were part of major capital expenditures for new facilities and included complete conveyor systems.However, this article will discuss the use of catenary idlers on existing rigid frame conveyors for the purpose of absorbing the energy of falling lumps, protecting conveyor belts and reducing spillage. We will deal specifically with an installation at Inco Metals Company in Sudbury, Ontario, where approximately 40 five-roll catenary idlers were installed on a 42-in.-wide belt conveyor handling ore located under the railroad car dumper at the Clarabelle Mill. Before-and-after photographs clearly show the tremendous improvement in the cleanliness of the location, and the savings in maintenance costs and extended belt life have prompted Inco to consider modifying other conveyors."

Jan 1, 1982

By Juan C. Sotomayor Álvarez

The Huantajalla mine is seated on Uchucchacua 's Mixing District that is the fourth producer of Silver in the world. Huantajalla Mine is a new mine that nowadays is being explored and recently it has began to operate. The project for 4-A vein exploitation in Huantajalla Mine using Longhole drillings as a new method of mixing is developed by Planning Department of Uchucchacua Mine in coordination with Geology Department of this mine, started in June 2004. This project is funded by Company of Mines Buenaventura S.A.A In July 2002, Geology Department started the exploration on the area of Huantajalla Mine, discovering the 4-A vein. The reconnaissance and definition of the vein finished June 2003, finding 79,080 Ton of mineral of Silver with a grade of 40.0 Oz Ag/ton and a thickness of 1.85 meters (6 feet ). Using the longhole method on the vein exploitation will replace the cut and fill and shrinkage methods, and it will keep a dilution of 15%.

Oct 1, 2004

By B. Drew, K. Budna, C. Wenzl, D. Gregurek, A. Spanring

"The metallurgy of nickel and cobalt and of copper is closely interlinked when processing sulfidic Ni-Co ores and Cu-Co ores. The respective furnaces are typically lined with magnesia-chromite refractories, which are exposed to multiple and complex stresses. The selection of the processing route, furnace type and slag system will be dictated by the specific ore type available, this will determine the individual refractory wear mode. This paper evaluates the common refractory wear mechanisms, namely infiltration, spalling and chemical attack by various slag systems, as well as sulfur attack, as observed when processing primary sulfidic ores. All these wear parameters, which are discussed in this paper, lead to a severe degeneration of the brick microstructure and a decreased lining life. Therefore, a detailed investigation and understanding of the wear mechanisms through “post mortem studies” is an important prerequisite for the refractory producer. Based on such research results, combined with specific process knowledge, appropriate brick lining solutions for nickel and cobalt processing furnaces can be recommended.INTRODUCTION The metallurgical production of cobalt and nickel and of copper is closely interlinked to the mineralogy of the respective ores: cobalt is found in African Cu-Co ores as well as in Co-rich nickel ores (laterites and sulfides). Also, Co-bearing secondary raw materials contain the mentioned elements in different contents. In pyrometallurgical processing of sulfidic ores, cobalt is generally recovered as a by-product during the production of copper and nickel, whereas it is normally not recovered separately during the processing of nickel laterites but remains in the FeNi product. Besides various hydrometallurgical production routes, the pyrometallurgical processes involved comprise smelting (i.e., production of a Cu-Ni-Co-Fe matte in electric or flash furnaces), converting and refining (i.e. removal of Fe and S as well as other elements from matte by oxidation). The ongoing trend to use higher oxygen enrichment in process air enables higher intensity processes but also increases the oxidation potential in the vessel. Therefore, during smelting and especially during the oxidative treatment in converting and refining, some amounts of valuable metals are also transferred to the slag in their oxides form. A subsequent slag treatment is then applied for recovering valuable metals from the slag, namely allowing an economic material stream handling and minimizing metal losses. This is often done in a slag reduction furnace. Additionally, copper and nickel are very good collectors for precious metals and platinum group metals (PGMs) - therefore, depending on the content of these metals, an additional refining process is used to recover these valuable metals from the matte or metal phase (Elvers et al., 1997; Davenport et al., 2002; Crundwell et al., 2011)."

Jan 1, 2017

By S. C. Cohen, A. F. Mikkelsen

"This paper describes the improvements made to the operation of a liquid phase, 300°C, heat transfer system in the paste plant of an aluminum smelter. These improvements were achieved by replacing the original heat transfer fluid, a synthetic aromatic, with a new technology, petroleum-based product. This new fluid, Calflo HTF, provided better thermal stability, with lower toxicity, and improved plant working conditions.The procedures for fluid selection, changeout and performance monitoring are described along with a summary of control analysis over the last three years."

Jan 1, 1993

By G. A. Campbell

This paper looks at how changes in the economies and demographics of the eight largest copper-consuming countries have been affecting their consumption of copper. The period of 1976 to 2005 is considered. Annual changes in measures like intensity of use of copper, per capita consumption of copper, copper consumption based on per capita income, and copper consumption from industrial production for each country and in aggregate are calculated. Other factors like the change of industrial production relative to total GDP and population/age trends are also considered for the individual countries. Non-parametric and parametric statistical tests are used to determine the significance of observed trends and relationships for individual countries and in aggregate. The results give insights into how copper consumption is changing for the countries and what economic/demographic factors are driving these changes. These insights provide some guidance about where copper consumption trends are headed in the future.

Jan 1, 2007

By Lionel C. Kilburn

"This geological engineering method is based on jour main characteristics of mineral properties, viz; location: inclusion of valuable mineralization; inclusion of geophysical and/or geochemical targets; and inclusion of geological targets. These are subdivided into a total of 19 subcategories, which are used to determine the value of the property.The nineteen subcategories are prioritized and assigned relative value factors from 1.3 to 10. Value of each mineral claim unit is determined by applying the appropriate subcategory factors to a base value of $400per 16.2 hectare unit. Property value is calculated by totalling the values of such individual claim-units.The boundary between ore grade and sub-ore grade must be estimated for each property under valuation, thereby making the method sensitive to mineral commodity prices.A clear and disciplined sequence of decisions based on personal experience forms the basis of this method. The method utilizes all factors normally used to value a mineral property.IntroductionIt is generally accepted in the exploration industry that valuation of exploration properties is a subjective rather than objective process (Roscoe, 1986; Lawrence, 1988; Lawrence, 1989; Woodcock, 1985), and that it is greatly influenced by the experience and qualifications of the person who is doing the valuation. However, the significantly low degree of objectivity in mineral property valuation at this point in time invites effort to achieve a more quantitative engineering basis.Value of a mineral property depends basically upon metal prices, recoverable grades, mining and metallurgical practices, commodity supply and demand , and political-economic conditions, all of which vary with time. Therefore, any valuation is valid for only that point in time when it is made. Mineral deposits can decrease as well as increase in technical value with time."

Jan 1, 1990