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By M. D. Viera

The purpose of the study is to show, through real cases of companies in Chile, the different problems concerning valuing or economically appraising a mining ore resource with the traditional techniques. The study demonstrates that, with the risk analysis and real options theory application, one could determine the most probable value for a mining resource or mining business, and the risks cover of uncertainty scenarios. The study discusses different methods and criteria employed in the ore resource evaluation or mining assets. It also shows a comparative analysis of the different methods in order to explain various distortions, errors, risks and imprecisions of each of them. the companies are becoming aware of the risks' importance and the impact they have on the commercial value and resource estimation models. Now, the real options are the techniques that somehow make it possible to value and control the risk cover of the business. The company valuation could help respond questions like: ? How much is my business worth? ? How much has the investment profitability of my business been? What could be done to improve this profitability and create value?

Jan 1, 2007

By Jean-François Doyon

Les aspects environnementaux des activités minières d?exploitation réalisées sur le territoire québécois sont encadrés par divers cadres légaux, réglementaires ou autres (directive, politique, guide) tant au niveau provincial que fédéral. Ces cadres s?appliquent à l?un ou l?autre des trois grandes étapes du projet, soit lors de l?étude d?avant projet, pendant l?exploitation ou à la cessation des activités d?exploitation. Comme la réglementation environnementale est de plus en plus nombreuse, ces dernières années, cette présentation vise à exposer les principaux cadres provinciaux et fédéraux actuellement en application au Québec pour le secteur minier et à en dégager les particularités. ABSTRACT The environmental aspects of mining activities carried out across Quebec fall within the scope of various legal, prescribed or other frameworks (directives, policies, guides) at provincial and federal levels. These frameworks apply to one or another of the three major steps of a project: preliminary design, mining and closure. As the number of environmental regulations has greatly increased during the past few years, the object of this presentation is to state the main provincial and federal frameworks currently applicable in Quebec for the mining sector and to identify their special features.

Nov 1, 2002

By S. M. Bulatovic, D. M. Wyslouzil

"This paper presents the results of a study of the effect of flowsheet configurations on metallurgical results and describes a general method for developing and optimizing flowsheets used in the treatment of massive sulphide ores. The flowsheet configuration can have a significant effect on recovery and selectivity between valuable minerals and gangue minerals. Placing of intermediate products within the flowsheet, positioning of various pretreatment units, such as conditioners or regrinding mills, and the ability of the flowsheet to cope with wide swings in the feed grade and composition are the major parameters that determine the optimum flowsheet configuration. The complexity of the flowsheet is largely a function of the ore itself and of the number of final, marketable products that have to be recovered from the ore. INTRODUCTIONTechnological ExpansionThe trend of past decades has been towards larger equipment and a better understanding of the chemistry of the flotation process. Despite appreciable progress in these areas little attention was given to the study of the actual configuration of the flowsheet, although the arrangement of the flotation equipment significantly affects the overall performance of the circuit."

Jan 1, 1989

By Kernaghan Webb

Organization of Presentation ?Genesis, Premise, Hypothesis ?Background ?Methodology ?Key research questions ?Research Team to Study Kinross Maricunga ?Research Milestones ?Chilean context ?Chilean Legal Framework ?Kinross Gold the basics, CR approach, Maricunga ?Issues, Perspectives ?Concluding remarks

May 1, 2010

Some Statistics ? Feasibilitystudiescostbetween2% & 3% of capital andrequire8% to15% of total engineering effort ? Feasibilitystudiesusuallytakebetween8 and16 months ? Historically more than80% of projects fail to achieve all their objectives, usually blame the feasibility study ? What is bankable? Means that your promises will long be remembered. ? Poorly executed feasibility studies ? Driven by inexperience, unrealistic expectations, time constraints, financial constraints, lack of objectivity, front end loading activities incomplete or poorly done ? lack of minimum standard to provide a consistent approach Trend to improve???

May 1, 2010

In 2009 Newmont Mining Corporation?s annual global spend on grinding media reached $94M USD, having doubled in the five years since 2004. The major contributing factor to the spend escalation during this period was unit consumable price, with total media consumption also rising as a function of annual ore tonnes milled. In an effort to better understand and manage the growth of this expenditure a significant supply chain management program was implemented. This was complemented by a series of technical initiatives focussed on grinding media specifications, quality management and the prediction of grinding media wear rate as a function of physical ore characteristics. This paper discusses the methodology and outcomes of these activities.

Nov 1, 2011

By Zhanyou Huang

The logic and capabilities of a short-term planning tool are presented. It was developed using mixed integer linear programming (MILP) techniques to solve the open-pit and underground mine planning problems that include multiple mining areas, multiple processes, multiple destinations and blending requirements. It finds the optimum schedule that achieves the objective while satisfying comprehensive product quality and quantity requirements, equipment utilizations, as well as physical and technical constraints. A case study is given to demonstrate its applications.

Oct 1, 2009

By Zhanyou Huang

The logic and capabilities of a short-term planning tool are presented. It was developed using mixed integer linear programming (MILP) techniques to solve the open-pit and underground mine planning problems that include multiple mining areas, multiple processes, multiple destinations and blending requirements. It finds the optimum schedule that achieves the objective while satisfying comprehensive product quality and quantity requirements, equipment utilizations, as well as physical and technical constraints. A case study is given to demonstrate its applications.

Oct 1, 2009

By Graham A. Davis

The definition of sustainable development is often taken from the so-called ?Brundtland? report, requiring that activities of the current generation not detract from the potential welfare of future generations. Mining is often held up as unsustainable in this regard since the extracted resource is nonrenewable. Yet Brundtland?s definition of sustainable development also requires that the current generation address the disparity in welfare across the globe, a facet of Brundtland?s report that most have ignored. This paper examines the impact of mining on the welfare of the poor. It finds that poverty levels in the poorest mining and oil intensive economies are lower than expected given these economies? geographical location and level of income, and that extractive activities are therefore completely consistent with sustainable development.

May 1, 2004

By J. Seidel

In 2009 Newmont Mining Corporation’s annual global spend on grinding media reached $94M USD, having doubled in the five years since 2004. The major contributing factor to the spend escalation during this period was unit consumable price, with total media consumption also rising as a function of annual ore tonnes milled. In an effort to better understand and manage the growth of this expenditure a significant supply chain management program was implemented. This was complemented by a series of technical initiatives focussed on grinding media specifications, quality management and the prediction of grinding media wear rate as a function of physical ore characteristics. This paper discusses the methodology and outcomes of these activities.

Jan 1, 2012

By Noko S. Phala

The energetics of CO and CO2 hydrogenation to methanol were studied on a gold surface via periodic and cluster DFT calculations. CO hydrogenation appears to be much easier than CO2 hydrogenation on an Au(111) surface. The use of a cluster model does not seem to improve the energetics of CO2 hydrogenation. It is concluded that an active support (e.g. ZnO) will be required to increase the productivity of a gold surface towards synthesis gas conversion. The energetics of CO and H2 adsorption are improved on the cluster model compared to a slab model of an Au(111) surface, suggesting that nanosized gold particles may be beneficial in CO hydrogenation.

Oct 1, 2003

By Nathalie Gauthier

Bien que le système de ventilation du Puits Penna soit de taille imposante et que plus de $30M y seront engloutis pour son développement, aucun budget spécifique n?avait été préalablement consenti pour refroidir l?air acheminé aux places de travail dans la partie profonde de la mine. Le système de ventilation a été conçu en deux étapes distinctes : le réseau du haut de la mine lequel dessert jusqu?à 1550 m de profondeur et le réseau du bas de la mine (de 1550 m à 2200m) qui a été créé ultérieurement. Le réseau inférieur a été imaginé de façon à acheminer l?air frais directement au gisement et de permettre l?évacuation aux extrémités afin de rejeter l?air chaud immédiatement après l?avoir utilisé. Au total, lorsque le réseau de ventilation sera complété, plus de 670 m3/s d?air sera véhiculé dont jusqu?à 495 m3/s pour la partie inférieure de la mine considérant une capacité totale maximum de 710 m3/s en utilisant la mine adjacente.

May 1, 2003

Introduction ?MT involves the measurement of naturally occurring magnetic and electric field oscillations. ?The ratio of E/H (wave impedance) is measured as a function of frequency to give resistivitydepth information. ?The ratio of vertical and horizontal magnetic fields (tipper) gives information about the location of (channeled) current systems.

May 1, 2008

By R. G. Bradburn

"Brenda Mines Limited is a low grade open pit mining and milling operation located near Peachland, British Columbia. The mill was brought into production in late 1969 at a rated capacity of 24,000 tons per day. Tt currently treats an average of 30,000 tons per day of an ore that has an average grade of 0.130% copper and 0.030% molybdenum.Description of Crushing and Grinding CircuitsRun of mine ore is delivered to a primary gyratory crusher. The minus seven inch product is separated into plus and minus one inch fractions on two parallel vibrating screens. The fine product is conveyed directly to the mill fine ore bins, while the coarse fraction is sent to a 45,000 ton stockpile.Material from the stockpile is fed to two standard cone crushers which operate in an open circuit with five secondary vibrating screens. The minus five-eighth inch product from these screens is conveyed to the mill fine ore bins while the coarse fraction is fed to four shorthead cone crushers. These crushers operate in closed circuit with the screens."

Jan 1, 1981

By D. T. Smith, S. J. Strohmayr

Originally developed as a step change in ultrafine grinding efficiency, the IsaMill™ has made inroads into conventional ball mill and tower mill mainstream grinding duties during the last 5 years - beginning with the Anglo Platinum mainstream grinding projects in South Africa. At the 2006 SAG Conference, plant testwork on the incorporation of IsaMill™ technology into the McArthur River (Northern Territory, Australia) Pb/Zn primary grinding circuit was reported. The IsaMill™ has now become an integral component of that circuit, treating up to 1mm top size feed and directly producing P80 45 µm rougher flotation feed. Two 1.1 MW IsaMills™ are now used in this duty contributing to a 27% increase in overall plant throughput and a reduction in rougher feed size distribution. In this paper, we report on the current state of development and performance of the IsaMill™ in the primary grinding duty at McArthur River and also consider future directions.

Jan 1, 2012

By David Fisk

Mining: Current Business Environment ? Commodity prices are high, but cyclic ? Increasing global competition ? Equipment costs remain high ? Maintenance costs continue to increase ? Aging experts with ?tribal knowledge? are leaving/retiring ? High metal prices multiplies theimpact of downtime on production and profitability

May 1, 2008

By B. Szpunar

Structural and mechanical changes of urania are investigated when oxidized to U3O8. The CASTEP ab-initio quantum mechanical program, employing density functional theory is used. The total energy technique is implemented to investigate changes in the lattice constants. The ab-initio calculations predict a 36% increase in the volume per uranium atom when transforming from UO2 to U3O8, which agrees very well with experimental data. The implication of this prediction on the linear expansion and fuel fragmentation is discussed. The calculated elastic constants of urania are in good agreement with experiment. The predicted mechanical properties of UO2 and U3O8 are compared.

Aug 1, 2010

By V. Chatain

The environmental assessment of historical mining sites contaminated with various inorganic species, as also the determination of remediation targets require a better knowledge of pollutant-bearing phases. The objective of this paper was to investigate the operational fractionation of arsenic (As) in an As contaminated (ca. 3 wt%) soil collected from a gold mining site in France, where mining activities and smelting processes of gold ores took place until 2004. Single and sequential chemical extraction procedures were performed to evaluate the potential mobility of As according to the fractions to which it was associated in the contaminated soil, and also the part of As sorbed onto soil particles. These procedures used provided information on the nature of As fixation processes in the mining soil studied. Results showed that As appeared mainly sorbed (ca. 72%) with iron on the soil particles, in particular amorphous iron oxyhydroxides. These results confirmed a potential risk of arsenic mobilization under acidic and/or reducing conditions, which frequently occur in mining environment. This research evidenced the importance of the knowledge of As-bearing phases to better predict the mobility of this pollutant and in turn improve the management of As contaminated sites.

Aug 1, 2013

By Malcolm Scoble

School Values ?? Each other; ?? Students, & helping them develop intellectually, personally & professionally; ?? Freedom to pursue educational & research opportunities; ?? Home-work-life balance; ?? The geographic-business community in which we operate ; ?? The pursuit of excellence; ?? Our contribution to society; ?? Creativity & innovation; ?? Teamwork & collaboration; ?? Career development, achievement & reward.

May 1, 2008

Presentation Overview ?? Project Setting ? Project Context ? Challenges ?? Managing Commitments ?? Project Update ?? Maximizing Aboriginal Economic Participation in Resource Development PROJECT SETTING ?? Developed on the traditional lands of the Labrador Inuit, and the Labrador Innu ?? Courts have held that Aboriginal peoples in Canada possess special rights to traditional lands ?? Rights can include requiring resource developers to enter into Impacts and Benefits Agreements ?? Development agreement with Newfoundland and Labrador was required

May 1, 2004