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By C. Campero, C. Nicolau, L. Pagliero

The Chilean Congress has recently promoted desalination as a solution to meet the mining industry’s growing water demand. However, this rapid expansion of desalination infrastructure comes with trade-offs. This includes a significant energy cost for treatment, as well as socio-environmental impacts on indigenous communities, tourism, fisheries, and the marine ecosystem. This paper advances a regional-scale model for analyzing competing trade-offs through a case study in the Antofagasta mining region of Chile. Through geospatial data analysis in ArcGIS, new desalination infrastructure investments supplying water to mines are overlain with features of concern raised by communities during the environmental impact assessment (EIA) process, such as national parks, fisheries and exploitation areas for benthonic resources. The resultant model provides a test-bed for analyzing the cumulative effects associated with desalination expansion and for investigating scenarios to mitigate negative social-environmental impacts. The model simulates alternative scenarios for desalination locations and pipeline routes according to competing constraints (i.e. to minimize cost and energy constraints while also avoiding ecological and social hotspots). The ultimate contribution of the work is a demonstration of how the proactive adoption of a regional-scale infrastructure planning might have led to different desalination investment decisions. INTRODUCTION Chile represents the largest producer of copper globally, and holds approximately a third of the world’s estimated copper reserves. However, access to water represents a major constraint to industry expansion and creates conflicts with competing water users (Aitken et al., 2016; Côte et al., 2010). Recently, the Chilean Congress has promoted desalination as a solution to meeting the industry’s growing water demand, which is likely to lead to significant growth in desalination infrastructure to support large-scale mining projects that extract freshwater over a rate of 150 l/s1. By most recent projections, the Chilean copper mining sector is set to increase seawater use by 230% by 2029 (Faversham House Group Ltd, 2019). By the year 2015, Chile had 11 projects serving the mining industry and there are at least other 12 planned plants (Cochilco, 2015). While the use of seawater allows continued expansion of the sector without depletion of scarce underground aquifers, it is nonetheless accompanied with important socio-environmental drawbacks. One such challenge with desalination is the associated energy costs, expressed, both economic and environmental (e.g., CO2 emissions). This includes the energy required for reverse osmosis treatment facilities, as well as to pump water to inland regions at high elevations around 3.100 m.a.s.l in Chile. (Dixon, 2013; Knops et al., 2013). Additionally, the impacts of desalinated water use on flotation chemistry are generally poorly understood, necessitating the need for further research into the impacts, both positive and negative (Cisternas and Gálvez, 2018; Liu et al., 2011).

Jan 1, 2019

By Richard Stewart

There are highly competitive world markets in most of the minerals being mined today. The high standard of living we enjoy in North America results in ever increasing productivity through mechanization and automation. Conventional underground and open-pit mining practices throughout the world are constantly changing to reflect the engineering advances of our technology. New records in tunneling, shaft sinking and excavating are being established. Larger and faster equipment is in production. Mining operations are being studied in detail to improve materials, methods and machines. Standards and controls are being established to measure the performance of people and equipment. These steps all tend to improve our present performance. In addition to these short-range improvements, however, there are the basic research and applied research studies which are aimed at developing entirely new approaches to our mining problems. Basic research in rock mechanics is coupled with applied research in rock penetration, fragmentation and stabilization.

Jan 1, 1963

By E. V. Neelands

THE Canadian Malartic mine is in Western Quebec, about fifty miles east of Noranda and forty miles south of Amos on the Canadian National railway. The recently constructed branch of the railway from Rouyn to Senneterre passes half a mile north of the mine. HISTORY he property was discovered in 1923 'by St. Barbe Sladen, H. S. Kennedy, and J. C. Carroll, who were prospecting for an Ottawa syndicate and found gold in a small quartz vein near the present workings. Five claims were staked and were optioned to an exploration company, who allowed the option to lapse after surface sampling and diamond drilling eighteen holes. Some months later, the property was sold to Malartic Gold Mines, Limited, who carried on development until 1929. A vertical shaft was sunk and exploration work done on three levels, supplemented by diamond drilling 16 surface holes and 62 underground holes. The work indicated that the important ore occurred in two silicified.zones in schisted greywacke which intersected west of the shaft and were believed to be controlled by a drag-fold. The ore grade was not considered sufficiently favourable to war-rant an operation, and work was terminated. With the advance in the price of gold to $35 per ounce, interest was revived and a new Company, Canadian Malartic Gold Mines, Limited, was incorporated for further development. The shareholders of the old Company accepted a new position under which their interests were protected, and sufficient treasury shares were optioned to Ventures, Limited, and Sudbury Basin Mines, Limited, to provide funds for further exploration of the prop-erty to determine whether, under the new economic conditions, profitable operation would be possible, and, if advisable, to provide the equipment for production. Additional claims were acquired, bringing the total area up to 1,029 acres.

Jan 1, 1939

By M. G. Mena, M. S. Mena-Junio

Silver (Ag) filler is the most attractive choice among all the conductive fillers of die attach materials for the attachment of silicon devices because of its balanced properties and relatively low cost. However, a major problem of silver is that it electrochemically migrates in the presence of moisture and applied bias. In microelectronic devices, silver migration can occur between adjacent conductors/electrodes, which leads to the formation of dendrites and eventually results in short-circuit failure. In order to assess the reliability of these conductive fillers, an investigation for two types of Agfilled die attach materials was done using the water drop test at room temperature and using a 1000 hour temperature-humidity-bias (THB) test under 85 ºC and 85% RH conditions. Four different bias/voltages and six different electrode distance spacing were used. Both dendrite and cloud/lace-like growths were observed as a result of the electrochemical migration of silver, Water drop test results revealed that increasing the applied bias/voltage and decreasing electrode spacing causes migration to occur faster, thus resulting into shorter time to fail (TTF). It was also observed that the growth rate of the dendrites from the cathode increased linearly as the dendrite approached the anode, probably due to a combination of increased ion availability and electric field. A minimum applied bias of 3 volts was required for migration to occur in Epoxy A as compared to 2 volts for Epoxy C. The higher migration voltage requirement for Epoxy A was attributed to the higher volume resistivity of the said epoxy. In addition to the minimum voltage requirement, it was observed that a minimum electric field of about 1 volt/mm is required for migration to occur. The 1000 hour THB testing did not result into any failures. It is surmised that the presence of condensed moisture is another requirement for migration. Such condition is not present during the THB testing.

Jan 1, 2012

By F. Sorenson, P. A. Castellarini, F. Garbarino, M. N. Garcia

"Recently, significant efforts to improve productivity from the tight intervals of the Mulichinco Formation within the Sierra Chata Field in the Neuquén Basin have been ongoing. Because conventional high quality reservoirs were being developed in this field, a proper reservoir understanding and completion approach was applied. After developing these high permeability reservoirs, the operator began evaluating the tight intervals and new areas within the field, but a completely different approach was necessary to achieve motivating production improvement.An extensive study to help enhance reservoir understanding and identify key factors controlling productivity of these tight intervals (which tend to be in the range of 5 µD) has been ongoing. Some of the issues discussed in this study are 1) petrophysical review, 2) rock properties calibration, 3) geomechanics understanding, 4) faulting and micro faulting/lineaments description, 5) stimulation and completions review and, 6) understanding key production drivers.As in many other tight reservoir projects, a considerable area of the reservoir must be effectively stimulated during the hydraulic fracturing process to achieve economic productivity. Two critical issues hinder these objectives. First, the low permeability in addition to a pore pressure close to or even lower than hydrostatic are critical characteristics when attempting to flow back the well and clean up fractures. Second, very high horizontal stress anisotropy resulting from a strike slip stress regime promotes the generation of simple planar bi-wing fractures. It is well-known that this fracture geometry will contact much less reservoir area compared to more complex fractures, as the operator would normally intend to create at very low permeability reservoirs.This paper discusses these issues and how they were addressed. A pilot drilling and completion program was initiated during 2012 to validate this study. Key factors include well location relative to formation unconformities, their orientation relative to the far field principal stresses, hydraulic fractures generated, and overall completion design."

Jan 1, 2015

By R. Khanna, I. Mansuri, S. Devasahayam

"Recycling polymer based end-of-life materials as carbon resources for a partial replacement of coke/coal can make important contributions towards enhancing the environmental sustainability of steelmaking processes. An in-depth high temperature (1550°C) investigation has been carried on waste CDs/DVDs focussed specifically on char generation, characterization and dissolution into molten iron. The simultaneous presence of carbon and oxygen in polymeric chains on polycarbonate substrates resulted in the generation of a significant pore structure and exposed surfaces. Carbon dissolution studies into molten iron were carried out on the raw polymer as well on chars; high levels of carbon pick-up were observed in both cases after 15 minutes of contact at high temperatures. INTRODUCTIONOver the past sixty years, plastics have played an important part of our daily lives and are being increasingly used in all aspects of the global economy. More than 260 million tons of plastics are produced annually worldwide. Their rapid growth and extensive utilization with a short life span (such as packaging) has created a massive waste problem. Although the waste plastic component in municipal solid waste (MSW) amounts to only about 10 %, plastics have a high volume-to-weight ratio and these are generally not biodegradable. In Australia, ~19.20 % of plastics were recycled in 2009-2010 (PACIA, 2010); with the total consumption being estimated at 1,501,258 tonnes, 288,194 tonnes of plastics were recycled. There are serious environmental concerns with the two key waste management options, i.e. land filling and incineration, and there exists an urgent need for developing alternative recycling approaches. In this paper, we focus our attention on recycling waste CDs/DVDs polycarbonate substrates as a carbon resource in steelmaking.CDs/DVDs used for music/data/image are made from aromatic polycarbonate resin (hereafter abbreviated PC). This resin is also widely used as an engineering plastic in applications such as automobiles, mobile phones, notebook type personal computers, cameras & video cameras, electric & electronic appliances, fire equipment, life & living goods, roofing sheets, etc. High consumption and growth (~10% annually) of PC utilization is attributed to its excellent properties such as outstanding impact resistance, transparency, heat resistance, and dimensional stability. The molecular formula and composition of PC resin is given below:"

Jan 1, 2012

By The Staff

"A general description of the equipment, personnel and work sequence •being used in the sinking of a circular, concrete lined, 14 foot diameter shaft which at present is at a depth of 2,484 feet. Equipping, lining and sinking of the shaft is being carried out concurrently and waste is re-moved using a mechanical mucker.INTRODUCTIONTHE BUCHANS UNIT of the American Smelting and Refining Company operates a group of mines at Buchans, Newfoundland. Buchans is in the centre of the Province (Lat. 48°47'N.; Long. 56°50'W.), five miles north of Red Indian lake at an elevation of 900 feet and is accessible by 37 miles <Jf private railway which connects with the Canadian National railway at Millertown Junction, and by 47 miles of gravel highway, which connects with the Trans-'Canada Highway at Badger."

Jan 1, 1959

By L. L. Sirois

Because segments of the Canadian mineral-based economy are dependent totally or in part on foreign sources of certain minerals, their well-being may well be affected by inability to obtain these minerals. Where such dependency exists, it is therefore important that contingency plans be available to counteract possible price increases or lack of supplies by means of technology, developed well in advance of any pending crisis . Canada is vulnerable to possible future real or artificial shortages of certain foreign-produced mineral commodities, and science and technology can provide information for the development of policies for counteracting efforts by foreign exporters to control prices or limit supplies.

Jan 1, 1977

By M. Turner-Jones, N. Steenekamp

"The Lonmin Base Metal Refinery treats converter matte from the Lonmin Smelter to produce nickel sulphate crystals, copper cathode as well as a concentrate containing the platinum group (PGM) metals. The original process employed a Sherritt design and utilizes atmospheric and pressure leaches for the dissolution of base metals. This paper describes the original flow sheet and the improvements made to enhance PGM recoveries, product quality and to increase capacity. Changes include the introduction of flash recycle cooling on the autoclave, batch leaches to improve the quality of the PGM concentrate and the implementation of solid-liquid separation with centrifuges. INTRODUCTIONThe Lonmin Base Metal Refinery (BMR) is about 100 km north-west of Johannesburg and treats converter matte from the Lonmin Smelter to produce nickel sulphate crystals, copper cathode and a concentrate containing the PGMs. The plant was commissioned in 1985 based on a Sherritt design to treat 12 tonnes converter matte per day. The original flow sheet consists of a milling circuit, an atmospheric leach and a pressure leach to produce a PGM concentrate which is despatched by helicopter to the Lonmin Platinum refinery in Brakpan, about 40 km east of Johannesburg. The liquor from the atmospheric leach is treated by crystallization to produce a nickel sulphate hexa-hydrate crystal. The leach liquor from the pressure leach is treated by a selenium removal step followed by electro-winning to produce copper cathode. The spent solution from the copper electro-winning is recycled to both the atmospheric and pressure leach steps to provide sulphuric acid for the leaching reactions.Modifications were made to the original circuit to increase the plant capacity, to improve the PGM recoveries and to improve the quality of the PGM concentrate. Capacity increases included all the unit operations, new mill, new first stage, additional autoclaves, additional nickel sulphate crystallizers, new copper electro-winning and new batch leach reactors for upgrading the PGM concentrate. The current circuit is described in this paper and not the detailed history of each plant change."

Jan 1, 2012

By F. Guo

"The leaching kinetics of zinc sulphide concentrate was studied under total pressures ranging from 0.3 MPa to 0.5 MPa and leaching temperatures ranging from 358 K to 378 K. The apparent activation energy of leaching reaction under different total pressures was calculated. The results show that for the extraction of zinc at low-temperature pressure leaching is controlled by an interfacial chemical reaction. This was supported mineralogical analysis of the leaching residue. The kinetic equation for low-temperature pressure leaching of zinc sulphide concentrate was further established by quadratic regression on the basis of shrinking core model.INTRODUCTIONThe Roast-Leach-Electrowinning Process (RLE) is the primary route for zinc production and responsible for more than 85% of the total zinc production (Souza et al., 2007). During the roasting of zinc concentrates, fugitive SO2 causes pollution. The prevention of SO2 emissions from the RLE process can be one of the challenges to this technology (Deller, 2005). In the 1980s, the Zinc Pressure Leach (ZPL) process changed the concept of zinc hydrometallurgy, in which zinc sulphide concentrate is directly leached at approximately 423 K and approximately 0.7 MPa oxygen overpressure and the sulphidic sulphur is oxidized into elemental sulphur so that the pollution by SO2 is completely avoided. Since 1981, five zinc plants have adopted the ZPL process either for expansion by integration with existing roasting facilities, or for the production of zinc without any roasting at all (Collins et al. 1994; Barth et al. 1998). The innovation of the ZPL process has made the zinc industries more competitive although it needs an autoclave. The direct leaching technology of zinc is still in development."

Jan 1, 2012

By J. D. Campbell

"Coal is one of Alberta's major fuel resources, but its distribution, especially in the flat plains region, has been somewhat obscured by surficial deposits. After a period of neglect, easily strippable plains coal is presently approaching a position of dominance in electrical power production, a position it is likely to retain for a number of decades in the face of strong competition from hydro and nuclear power. Accordingly, the Research Council of Alberta has undertaken an inventory survey of the province's supplies of this resource.In the southern part of the province and in the north-central forest-fringe area, some strippable coal is found in the Belly River Formation and its equivalents, but major strippable coal reserves in large areas of central Alberta occur within the Edmonton Formation. The survey is planned on a reconnaissance scale, drilling test holes at 2-mile intervals in selected large areas. It appears to show that, in well-settled regions, large reserves of strippable coal are only to be expected where they have long been known; major presently unknown bodies of coal must be sought in unsettled regions or at depths too great for strip mining. However, such bodies might still be economically competitive with hydro and nuclear power in the production of electric power for some time to come."

Jan 1, 1967

By A. N. May

"This paper describes the present approach of the Mines Branch to the problem of measuring the stress condition in the interior of rocks surrounding underground openings. An instrument, which will be referred to as a stressmeter, has been developed at the Mines Branch to measure un-directional stress changes in absolute units. There are two modes of operation of this stressmeter. It can be regarded as a fixed instrument, in which case it is installed at the end of a diamond drill hole and left in position to record any subsequent stress changes taking place. Alternatively, three of the stressmeters can be used in conjunction with a trepanning opera-tion to allow the existing stress condition to be determined. The initial laboratory work and subsequent experiences in the field with the stressmeter are described. All the field development work on the stressmeter was made possible through the co-operation of Canadian Refractories Limited, Kilmar, Quebec."

Jan 1, 1960

By S. A. Pence, A. I. McCallum, V. de Korompay

"Special salt protection rings containing a water-swell• able, polymeric sealant are in successful operation in Canadian potash shafts. Installed above the Prairie Evaporite salt formation at a depth of 3,000 feet, the sealant is preventing formation water migration into the salt and pressure build-up on the concrete lining of both production and service shafts. The salt protection rings are not under the hydrostatic pressure of the formation water.The chemical sealant in use has the unique property of imbibing water and swelling. •Therefore, any water at• tempting to flow by the seal ring actually produces a tighter seal.The purpose of this paper is to discuss the sealant and its properties and uses. Installation of the material and its operation in two Canadian mine shafts is described."

Jan 1, 1971

By G. Stenning

The paper outlines the need for high-volume ventilation in a uranium mining operation based on the design to meet environmental requirements for dust, radiation and diesel equipment. Mining methods in a highly mechanized operation, a key factor in design, are discussed. The construction and installation of major intake and exhaust fans are described briefly, together with the development of the mine airways and distribution system. Controls in the form of doors and bulkheads are important considerations in planning. Finally, the need to lower ventilation requirements in response to increasing power costs will result in future improvements.

Jan 1, 1979

By Derek Apela, Coralee Heske, Bunyamin Kahraman, Muhammad Adi

Effective blast fragmentation is essential in underground mining, as it directly influences downstream processing efficiency and operational expenses. This study investigates the application of Non-Newtonian Fluids (NNF) as stemming materials, presenting a novel method to enhance energy confinement, minimize environmental impact, and optimize blast performance. NNFs exhibit shear-thickening behaviour, enabling them to transition between fluid-like and solid-like states under stress, which renders them suitable for regulating explosive gas ejection during blasting. Field trials were performed by Vale Base Metals in Thompson, Manitoba, in their underground nickel mine to evaluate conventional slag stemming against NNF-based stemming in production-scale blasts. Emulsion explosives were employed, and blast performance was assessed through velocity of detonation (VOD) measurements, vibration monitoring, and AI-assisted fragmentation analysis using WipFrag. Preliminary results indicate that NNF stemming improves fragmentation, resulting in a reduction of D50 by as much as 38%, enhances energy confinement, and may decrease the incidence of hole plugging and re-drilling in subsequent blasts. This study presents an alternative to conventional stemming methods, highlighting potential advantages for enhanced safety, efficiency, and sustainability in blasting operations. Additional research and field trials are necessary to improve implementation protocols and facilitate the widespread adoption of this unique method in the mining sector.

May 4, 2025

By K. H. Poulsen, C. J. . Hodgson

Synvolcanic, layered gabbro-anorthosite sills at Rainy Lake, Northwestern Ontario, reflect a combination of igneous processes including fractional crystallization, wall rock assimilation and possibly liquid immiscibility. Chalcopyrite-pyrrhotite mineralization at the base of the Grassy Portage intrusion accumulated by crystallization of a sulphide liquid during cooling. Upward enrichment of Fe and Ti in this intrusion and also in the Bad Vermilion Lake anorthosite complex culminated with the crystallization of lenses of disseminated to massive magnetite+ apatite+ ilmenite+ rutile. Regional low to medium grade metamorphism and accompanying deformation resulted in recrystallization and local remobilization of ore minerals.

Jan 1, 1984

By S. N. Dixon

"Maximizing the value of each tonne of processed ore is the goal for all operations. Cyanidation processing of gold-copper ores has been challenging since its first use in 1889. The current practice treats a bleed or the total flow of mill solution to recover copper as copper sulfide (by sulfidization, acidification, recycling, and thickening), or to recover the cyanide (by acidification-volatilizationneutralization). The process presented uses the adsorption of copper cyanide by carbon and the selective elution of copper from carbon to concentrate copper into a smaller stream. Copper contained in the smaller stream is precipitated as copper cyanide.RÉSUMÉ Toutes les exploitations ont pour objectif commun d’optimiser la valeur de chaque tonne de minerai traité. Depuis sa première utilisation en 1889, la méthode de traitement par cyanuration des minerais aurifère et cuprifère s’est révélée complexe. La pratique actuelle traite la saignée ou le débit total d’une solution de traitement du concentrateur pour récupérer le cuivre sous la forme de sulfure de cuivre (par sulfuration, acidification, recyclage et épaississement), ou pour récupérer le cyanure (par acidification, volatilisation et neutralisation). Le procédé présenté dans cet article utilise l’adsorption sur charbon actif de la solution de cyanure de cuivre et l’élution sélective du cuivre depuis le charbon pour concentrer le cuivre en un plus petit jet. Le cuivre contenu dans ce plus petit jet est précipité sous forme de cyanure de cuivre."

Jan 1, 2017

By H. Paudyal, K. Ohto, H. Kawakita, S. Alam, B. Pangeni

The orange waste after lime water modification was converted into promising adsorbents for fluoride by metal loading reaction. The effectiveness and mechanism of fluoride adsorption on metal loaded orange waste gel from synthetic and real plating solution were investigated. Amount of zirconium(IV), aluminium(III), cerium(III), lanthanum(III), titanium(IV), vanadium(IV) and tin(IV) loaded on orange waste from aquearegia dissolution were evaluated to be 1.62, 1.16, 0.93, 0.95, 1.20, 1.12, 0.97 mmol/g respectively. The maximum adsorption capacity (qmax) of zirconium(IV), cerium(III), lanthanum(III), iron(III) and aluminium(III) loaded orange waste for fluoride ions were evaluated to be 1.74, 0.91, 1.07, 0.98 and 1.01 mmol/g from aqueous solution. The mechanism of fluoride adsorption by metal loaded orange waste was inferred to be ligand exchange reaction. Application of zirconium(IV) loaded saponified orange juice residue(SOJR) for real plating solution showed effective removal of trace concentration of fluoride down to the accepted standard. The negligible interference of co existing anions like nitrate, carbonate, sulphate and chloride makes zirconium(IV) loaded SOJR a promising sorbent for waste water treatment. The adsorbed fluoride from fluoride loaded zirconium(IV)-SOJR was effectively desorbed by using alkali solution for its regeneration. This work shed light on the potential application of metal loaded SOJR to remediate fluoride contaminated water for environmental relevance.

Jan 1, 2012

This paper states how alloy and welding advances have made possible the rapid development of the use of aluminum in the construction of equipment for earth moving and off -highway rock hauling. The main details are given regarding the construction and field testing carried out on an aluminum prototype body. The test results of strain gauge readings are analysed, and a description is given of how these have been applied in subsequent designs. The increase in the number of aluminum units put into the various types of service in Canada, as well as the problems encountered, is described, and the experience gained from five years of field service is discussed in some detail. An assessment is also made of the durability of the e units. The economics of using aluminum, together with the current development position, are reviewed, and predictions are made for considerable future increases in the use of aluminum units in open-pit and off-highway operations.

Jan 1, 1964

By Sabry A. Sabour

Metal price is among the key variables in the open pit optimization and the economic evaluation process. The common approach to handle metal prices in open pit mine planning is to optimize the ultimate pit and the mining schedules using a fixed, flat metal price. In this respect, metal price is assumed to be known with certainty throughout the entire mine life, which in some cases can reach 80 years. Given the volatile nature of metal markets and the metal price cycles, the conventional pit optimization approach may generate sub-optimized mining plans, which results in either extra costs to mining projects or lost revenues, or both. Long-term operational decisions such as future pit expansions, beyond the currently optimized limits, cannot be handled using the pit optimization approach based on flat metal prices. There is a growing interest in the mining industry to model and manage such market uncertainty in the pit optimization as well as the project evaluations in order to maximize the value of mining operations. In this paper, the author will outline a practical approach to optimize the ultimate pit taking into account the volatility and variability of metal markets. The proposed approach uses a combination of the pit optimizer of the commercial MineSight package and a simulation-based economic modeling real options valuation approach employing the least-squares Monte Carlo algorithm. MineSight pit optimizer employs both the floating cone for initial optimization exercise and the standard Lerchs-Grossmann algorithm. In this paper, Lerchs-Grossmann option will be used to generate the pit shells. Real options valuation approach used in this study is based on generating multiple metal price scenarios. Metal price uncertainty is modeled using stochastic metal price models such as the geometric Brownian motion and the mean-reverting process. The mining operational scenarios corresponding to the simulated metal prices are then optimized using the least-square Monte Carlo approach. The objective is to maximize the discounted cash flow value of the project while incorporating the operating flexibility to revise the operating status of the open pit with time as new information becomes available. The focus of this work is on the practicality of the proposed uncertainty-based pit optimization approach and the difference it can make to the technical operational mining decisions. A case study of a hypothetical open pit poly-metallic mine is provided. The deposit contains copper, gold and silver grades. The run of mine ore is sent to the process plant that produces copper concentrate with copper as the main metal and gold and silver as the by-products. Four uncertain variables are considered here include copper, gold, silver prices and foreign exchange rate. Both copper price and exchange rate are modeled using the mean-reverting process while gold and silver prices are modeled using the geometric Brownian motion. The case study is performed using both the conventional flat price pit optimization approach and the proposed uncertainty-based one to compare results.

Aug 1, 2013