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By William E. Roscoe

"Mineral exploration properties are those on which an economically viable mineral deposit has not yet been discovered. Such properties are bought, sold, optioned and joint ventured on the basis of their perceived potential for the existence and discovery of a viable mineral deposit. The intrinsic value of an exploration property is therefore based on the exploration potential. One measure of the exploration potential is the amount that can be justified to spend on exploration for a viable deposit.The appraised value method uses a cost approach to value exploration properties. It is based on the premise that an exploration property is worth the meaningful past exploration expenditures plus warranted future costs to test remaining exploration potential. Results of past exploration work are analyzed in order to retain only those past expenditures that are productive in terms of identifying remaining potential. Warranted future costs comprise a reasonable exploration budget to test that potential.INTRODUCTIONThe purpose of this paper is to describe a cost approach to the valuation of mineral exploration properties and to provide some valuation examples. The particular cost approach described is the Appraised Value Method, which is best applied to mineral properties at the exploration stage.At present there are no comprehensive regulations or guidelines in Canada which specify what approaches and methods to use for the valuation of mineral properties. In this paper, the Appraised Value Method described is one method that the writer considers to be accepted industry practice for mineral properties at the exploration stage.Mineral properties are valued for a number of reasons, including mergers and acquisitions, non arm's length transactions, pricing of initial public offering of stock, support for property agreements, litigation, expropriation, and insurance claims."

Jan 1, 2003

By Colleagues from Process and Operation departments, Guy Chevalier

"QCM's pellet plant, located in Port-Cartier, Quebec, produces up to 8.6 million tons of iron ore pellets annually. Four different types are produced: three for blast furnace operations and one for direct reduction furnaces. The paper presents the scientific approach that led to the installation of new process equipment to improve the reducibility of direct reduction pellets (DR pellet). The findings, the equipment selection and some post start-up modifications are presented.This low silica DR pellet is used in Midrex and HyL shaft furnaces. A good DR pellet has to meet strict chemical, physical and metallurgical specifications. An important metallurgical property is its ability to release oxygen when exposed to reducing gases. Considering that the market for DR pellets is expanding and being aware that reducibility is critical for our clients, a program to improve the latter was undertaken. Test work showed that one factor which has a negative effect on reducibility is the proportion of particles larger than 75 microns. Knowing that the best way to reduce the amount of coarse particles was to close our open grinding circuits, we began evaluating the most suitable classification equipment applicable to our process operations. We settled on hydro-classifiers based on their very sharp cut and their low operating costs. In light of the hydro-classifiers performance it was also decided to replace the hydro-cyclones of an already closed circuit.INTRODUCTIONAt the Québec Cartier Mining pellet plant, continuous improvement programs are aimed at increasing levels of consistency and improved chemical, physical and metallurgical properties. This is being accomplished while still maintaining pellet plant production volumes to satisfy market demands.QCM produces three types of pellets for blast furnace use: acid pellets, designated as ""BHF"", fluxed pellets, designated as ""BAF"", and low silica fluxed pellets, designated as ""BSA"". For direct reduction, a low silica acid pellet or DR pellet, designated as ""BBS"" is produced. This low silica DR pellet is used in Midrex and HyL shaft furnaces.The demand for DR pellets has been increasing during the last few years and is believed to continue so in the future. Wanting to be present in this growing market QCM found that it would be essential to work at improving its DR pellets quality. Efforts have been focused on improvements in three areas: SiO2 reduction, elimination of sticking and increasing reducibility. Improvement programs have begun with laboratory research followed by plant trials and full-scale implementation as a cooperative effort among QCM, COREM, and key customers."

Jan 1, 2002

By T. Winkler

This paper presents elements of the Virtual Working Environment for identification of hazards occurring in the mining industry. The Virtual Working Environment includes models of machinery and models of anthropometric features. Examples are given for identification of technical hazards at the design stage using the following computer programs: Finite Elements Method, Multibody System Analysis and Human Body Modeling. One of the methods to improve work safety at the machine and equipment maintenance stage is to share design and operational knowledge in a form of an Interactive Electronic Technical Manual (IETM). An IETM is created using so-called reusable knowledge elements connected by relationships. A metamodel created in Unified Modeling Language is one of the forms for description of these relationships. The metamodel can represent, for example, interrelations between elements of repair procedures. Examples of procedures realized during the replacement of a damaged cutting bit are presented and discussed.

Aug 1, 2013

By J. McCreedy

"The addition of Portland cement to hydraulic sand fill has resulted in the production of stable and self-supporting cemented sand fill. The use of cemented fill in the mines of The International Nickel Company has resulted in substantial economies in timber requirements, de-creased dilution of ore and greater flexibility in mining methods.Coupled with special mining techniques, it has permit-ted mining by both cut-and-fill and shrinkage stoping methods to much greater depths than heretofore. The use of cemented sand fill has permitted revisions to undercut-and-fill mining which have significantly improved the efficiency of this method.Automated mixing systems have been developed for preparing cemented sand fill in surface sand plants on a continuous throughput basis. Control of cement-sand mixtures is obtained by the use of a mass flow measuring system and weighing cement feeders."

Jan 1, 1966

By R. Khettabi

The mechanical, thermal and bioproperties of titanium alloys allow their wide use in different industries. Compared to aluminum alloys, titanium alloys are very tough, making them that much more difficult to machine than aluminum alloys. Most studies conducted on these types of materials have mainly covered and made comparisons in terms of cutting speed, cutting force and mechanical properties. Recently however, their sustainability and environment parameters have begun to attract significant interest, and it has been found that machining processes generate particles that can be harmful for health and the environment. In this paper, particle emission is investigated during the turning of the titanium Ti6A14V and 6061-T6 aluminum alloys.

Jan 1, 2011

?Podolsky Water treatment plant discharges to Norman North bog which drains into Whistle / Post Creek watershed and into Wanapitei Lake ?Whistle Mine closed and reclaimed but continues to treat and discharge water to Whistle Creek

May 1, 2009

By Therese Schneck

The presence of xenon isotopes from in-situ spontaneous fission of short-lived Pu244 has been confirmed in Hadean detrital zircons from Western Australia. Hadean and meteoritic zircons can retain secondary overgrowths developed after primary cristalization at 3.97-3.94 Gyr. On the moon, the metal grain in sample 66095,78 is mantled by troilite, schreibersite and cohenite. High chlorine content FeCl2 is deposited around metallic FeNi. The magnitude of Pollonium-210 to Radon-222 on the Aristarchus plateau spectrum indicates a past greater activity. The Earth Moon system from Nb/Ta systematics is consistent with a Moon iron core delayed to 3,9 Gyr.

Aug 1, 2010

"An innovative concept is proposed whereby the operating power for haul trucks in certain areas of an underground mine are reduced in order to lower ventilation costs. Airflow that must be provided for diesel-powered equipment in most jurisdictions are regulated based on engine peak power capability and engine emissions, both of which can be lowered by artificially reducing the capacity of the engine through the engine control unit. Advances in asset tracking and ventilation on demand enable this methodology and this study demonstrates that it could represent significant value for mine operators. An examination of haul truck duty cycle indicates that de-rating of engine operating power based on the truck’s location in the mine can enable a step change in ventilation rates, often with no material impact on working conditions. Methods for implementation and estimate of cost savings will be defined.INTRODUCTION Ventilation of underground workings remains a significant operating cost burden for modern mine operators. In particular, ventilation rates for underground diesel mining equipment are often defined by local regulatory bodies and are assumed to present minimal opportunity for optimization or savings, at least until battery propulsion systems can be adopted. Commonly, the quantity of air flow required is defined by the peak rated engine output power of diesel equipment. For example, Ontario Regulation 854 SS 183.1 (3) states that “The flow of air must be at least 0.06 cubic metres per second for each kilowatt of power of the diesel-powered equipment operating in the workplace”. Jurisdictions that define air flow using the prescribed CANMET or MSHA ratings use peak engine emissions to calculate air flow required for dilution ventilation. These approaches are similar in that the maximum power capability of a vehicle’s engine is used to define the ventilation rate in all areas where it travels, regardless of what power output is actually used in any of those areas. Examination of the duty cycle of a typical underground haul truck identifies a large variance in the power output of the vehicle depending on its location in the mine and the activities undertaken at these locations. For example, travel on a mining sub-level requires a fraction of the truck’s peak power due to the minimal grade and significantly reduced travel speed. So if we can reliably reduce the peak engine power capacity and engine emissions in areas where peak power is not required, we can logically cut the ventilation rates for those areas."

Jan 1, 2017

By J. Butra

The underground research presented in this paper was carried out in the two Polish copper mines: Rudna and Polkowice-Sieroszowice. The aim of the research was to determine stress field parameters. The measurement method and measuring positions are described as well as the measuring technique adapted to the geological and mining conditions of the Rudna mine and the Polkowice-Sieroszowice mine. The identified values and directions of principal stresses and horizontal stresses and their importance for optimization of mining operation and safety improvement are discussed.

Aug 1, 2013

By G. Bartolacci

In a COREM-McGill collaborative research and development project, gas dispersion parameters and froth properties were manipulated in a copper flotation plant to study interactions between the collection and the cleaning zones. In this paper, specific work on developing some relationships between operating conditions and froth stability in several different types of flotation cells is reported. Froth stability, measured by image analysis, was related to the following process conditions for specific flotation machines in an industrial case study: Gas flow rate, collector dosage, pH, frother type and dosage. Across the range examined, froth stability was improved through an increase in gas flow rate and/or frother dosage. Metallurgical results (grade and recovery) showed that both gold and copper were dependent on froth stability. Results indicated that flotation conditions could be optimized by monitoring froth stability.

Jan 1, 2007

By Michael Samis

The real option valuation method is often presented as an alternative to the conventional discounted cash flow (DCF) approach because it is able to recognize additional project value due to the presence of management flexibility. However, these two valuation methods can be separated on a more fundamental level by their differences in risk discounting. Real option valuation applies the risk-adjustment to the source of uncertainty in the cash flow while the DCF method adjusts for risk at the aggregate level of net cash flow. This seemingly small difference is the reason why the real option method is able to differentiate between projects according to each project?s unique risk characteristics while the conventional DCF approach cannot. This paper provides an overview of the real options and DCF valuation frameworks and discusses the differences in risk discounting that exist between the two methods. Using grade-school mathematics, this paper clearly demonstrates how, with real options, a unique project risk discount can be calculated which is directly linked to the project?s unique risk profile. It also highlights why the DCF method fails in this regard and shows why a call to ?increase the Risk-Adjusted Discount Rate? is an incomplete solution at best. Finally, a heap-leach project and satellite reserve development project are valued with both techniques and the difference in investment conclusions is explained in terms of the risk-discounting concepts discussed here.

May 1, 2003

By G. P. Gu, B. Fang, R. W. Revie, M. Elboujdaini

Stress-corrosion cracking (SCC) tests were conducted in the near-neutral pH standard solution, NS4, and in an actual soil solution, using four-point bending at high a stress ratio and low frequency conditions very similar to those of operational pipelines. Pitting incubation appeared first and then pitting initiated and grew in both solutions although there were many more pits on the specimen tested in soil purged with 5% CO2 + 95% N2 than in the specimen tested in NS4 solution purged with the same gas. These observations show that samples in soil solution are more susceptible to pitting than those in NS4 solution. When the pit reached a critical size, the increased stress concentration around the pits, resulted in the transition to a crack.

Jan 1, 2005

By R. T. Saxon

Prior to November 1975 there were several failures of front -wheel spindles on large haulage truck s in B.C., attributed to fatigue cracks. Since that time, a non-destructive test program has succeeded in detecting the cracks before catastrophic failure, However, the author regards the failures as just one example of a. general unreliability in large high-strength steel castings and urges the industry to look to forgings for sensitive components of heavy equipment.

Jan 1, 1977

By Minerals Refining Company, Gerald Luttrell, Biao Li, Robert Bratton, Roe-Hoan Yoon, Stan Suboleski, Nikhil Gupta

Flotation is regarded as the best available method of upgrading coal and mineral fines in the mining industry. However, its efficiency deteriorates rapidly with decreasing particle size. Furthermore, ultrafine concentrates are difficult to be dewatered economically. Due to these technological problems, some operators are forced to discard at least part of the ultrafine materials to tailings (or refuse) ponds, causing significant losses of valuable resources and creating environmental concerns. To address these technological issues, a new separation process named hydrophobic-hydrophilic separation has been developed on the basis of the recent advances in the science of hydrophobic interactions. The results obtained to date show that the process can recover and dewater ultrafine particles simultaneously with high separation efficiencies. Following a series of extensive laboratory tests, the process has been scaled up to proof-of-concept and pilot-scale continuous tests. The results obtained with desliming cyclone overflows, screenbowl effluents, and by-zero coal flotation feeds can be cleaned to less than 4% ash and moisture with over 97% organic matter (or coal) recoveries. The results obtained with mineral fines also showed encouraging results.

Jan 1, 2016

By Roger Davieds

FACT: a company?s profitability (or loss) is directly related to the efficiency and effectiveness of its maintenance operation. Fact: in order to contribute in a positive manner, maintenance must understand what its true purpose is in the organization. It is easy to say our main purpose is to increase: ?equipment uptime ?OEE ?asset life cycle We all understand this; so does management.

May 1, 2010

By S. Esfahani, M. Barati, Y. Kauwachi

"Heat recovery from slag has gained attention due to its high potential in lowering energy intensity of metal extraction processes. A direct method to recover the thermal energy of slag is to use countercurrent air flow that extracts the heat from falling droplets. Often, the solidified slag is aimed to be used as a substitute for Portland cement, thus high cooling rates are required to form an amorphous slag with sufficiently strong hydaulicity. Rapid cooling however involves using large gas flow rates that in turn lower the thermal efficiency of the process. This article presents a mathematical model that was developed to determine the optimum conditions in the heat recovery process and to investigate the effect of the air flow and granule diameter on the cooling rate of the droplets as well as the thermal efficiency of the heat recovery system. INTRODUCTIONMetallurgical slags are the largest by-product of high temperature materials refining and extraction processes. The total amount of metallurgical slag produced in the year 2008 has been estimated at up to 422 million tonnes containing up to 222 TWh/y (Barati and Esfahani, 2011) of thermal energy. Over the past four decades attempts have been made to recover this substantial amount of energy as heat, electricity, or fuel, while none of the proposed method has been commercialized yet.During slow cooling the slag tends to crystallize the constituents (CaO, SiO2, Al2O3, etc.) into a hard, heavy solid. In the past, over 90% (Bengt, 1983) of the molten waste was discharged onto heaps and allowed to cool slowly, then crushed and used in road construction or land filling or as coarse aggregate for concrete. However, later it was found if cooled rapidly, the slag can be used as a substitute for Portland cement. As a result, processes such as wet granulation were created in which molten slag is fragmented with water, forming amorphous (glassy) phases. Despite its effectiveness in producing a suitable material, heat would not be recovered through this process. Thus, dry granulation was introduced in 1930’s and was developed further in 1970 – 1980’s."

Jan 1, 2012

By G. Girard, A. Larouche, J. Colbert, G. Doyer

"The Direct Chill (DC) casting process uses water to extract heat from molten aluminium and helps to control the solidification process. Many factors such as the water flowrate, water distribution around the mould and water impingement angle have significant impacts on the solidification process. It has been noted that the chemistry variation of the cooling water is also an important factor that has a major impact on the presence of defects on the ingot. A significant change in the water quality can produce defects on the ingots such as cracks, bleedouts, or runouts. Understanding the impact of water quality variation on ingots is therefore essential to ensure good ingot production and reduce defects. This paper aims at describing a new approach to follow the variations of process water quality over time. It is an original and innovative method, which is still under progress. A water quality and stability index (WQSI) is under development to evaluate changes in the water composition based on water physico-chemical parameters. The index is calculated by comparing each of the actual parameters with historical values previously modeled by a statistical law. It is a dimensionless number having an adjustable weight factor for each parameter. The positive or negative contribution of each parameter, with respect to the water cooling capacity, is taken into account to calculate the WQSI. The current selection of parameters is based on knowledge from the literature as well as on empirical experience. When the developed tool will be mature, it could be used to track water variations upon time and anticipate problems, enabling proactive actions to ensure good ingot production.INTRODUCTIONFor many years, the impact of water chemistry on heat transfer, during DC casting, has been of great interest in the aluminum industry. Several papers have been published to demonstrate the correlation between water chemistry and heat transfer (Yu, 1985), (Gildemeister, 2014). Although numerous studies do present the effects of water parameters (i. e. hardness, conductivity, oil, and grease…) on cooling capacity under controlled experimental conditions, they do not reflect the strong interactions between the parameters and variations present in a casting center. Wells and Cockcroft also demonstrated that laboratory based studies are not fully representative of real heat transfer in an industrial casthouse, there are too many factors involved (Wells, Li, & Cockcroft, 2001). In this context, it becomes very difficult to obtain a quantifiable relationship between the capacity of water to cool the ingot and ultimately the performance of the cast."

Jan 1, 2016

By Mark W. Bartlett

Program Objectives ??Identify and implement a tool for haul truck drivers that: -Reduces or eliminates fatigue-related injuries and fatalities -Reduces accidents and equipment damage ??Following evaluation period, apply tool where most effective Why do We Need a Fatigue Monitoring Tool? ??Everyone has probably fallen asleep while driving ??Driver fatigue is a major source of property damage and serious haul truck serious incidents ??To protect ourselves from the other ?tired?driver ??To know when to ask for relief ??To know when we are seriously distracted from driving ??To measure improvements in sleep incidents based on shift changes and intervention ??To help prevent incidents like the following:

May 1, 2011

By Chris Dougherty

"This presentation will provide a demonstration of the methodology used in designing a modern shaft and hoisting plant utilizing a review of the challenges faced and solutions delivered for the Elk Creek Superalloy Materials Project (Niobium/Scandium). The development of the design required the review of complex hydrogeological conditions, mine production requirements, demanding capital expenditure (CAPEX) limitations and tight schedules. Through an extensive review of various alternatives to satisfy these constraints, the Nordmin Group (including Nordmin Engineering Ltd.) (Nordmin) was able to define a concept and design that addressed risks to the project, met production requirements, cost and schedule constraints and improved constructability. INTRODUCTION The Elk Creek Project, owned by NioCorp Developments Ltd. (NioCorp) presently, will become Nebraska’s first underground metals mine, built to access the Elk Creek Niobium/Scandium deposit. The development of the design for this facility required the review of challenging hydrogeological conditions, mine production requirements, demanding CAPEX limitations and tight schedules. Through an extensive review of various alternatives to satisfy these constraints, the Nordmin Group was able to define a concept and design that addressed risks to the project, met production requirements, cost and schedule constraints and improved constructability. This paper will review the challenges faced, and solutions arrived at in a demonstration of a methodology used in designing a modern shaft and hoisting plant. THE CHALLENGES Nordmin became involved in the project in 2015, invited by the Feasibility Study Consultant to provide input on estimating and layouts for the new operation. Many of the fundamental decisions regarding mining methodology, water handling and production strategy had been made, and the scope of Nordmin’s involvement was very limited in this first engagement. Following submission of that study in late 2017/early 2018, Nordmin had opportunity to discuss the overall effort, and its many assumptions and challenges, with NioCorp’s project team. The dialogue quickly identified several significant opportunities to improve the project construction schedule and costs along with the mine production profile and operational approach while reducing project risk."

Jan 1, 2019

By F. Khomamizadeh

In this study, deep cryogenic treatment was applied to A319 cast aluminum samples. Although the cryogenic treatment didn't have any significant effect on mechanical properties of the well degassed and fluxed samples, but the tensile strength of the samples containing a considerable amount of gas and shrinkage defects was improved surprisingly, This improvement was attributed to the strengthening of the a-aluminum matrix which slows down the propagation of the existing defects. There was no significant increase in the hardness after cryogenic treatment, The abrasion resistance of the alloy was improved after cryogenic treatment, by developing a homogeneous protector shield, composed of abrasive grains penetrated into the soft aluminum matrix and kept tight.

Jan 1, 2005