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By Lawrence Devon Smith

"This paper examines the impact of the various assumptions that go into an economic evaluation, and shows how these can be combined to show an exciting result that may not really exist. An example of an embellished case (the kind that one frequently sees when projects are being promoted) is developed and the cumulative impact is analysed to show the actual project underneath. The paper also points out some areas to watch for overly optimistic assumptions such as prices, inflation, and debt. The concept of a ""bare bones"" base case is proposed (constant metal prices, constant dollars, no inflation, no debt, no interest, on a project basis, after tax) as a common reference point.As well, the discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.INTRODUCTIONOften, the first time that all of the technical and economic data for a mineral project comes together in one place is when the economic evaluation is developed. This typically happens when work on the project has progressed to a sufficient level of detail that the effort to produce a year-by-year cash flow is justified, usually at the pre-feasibility or feasibility study stage. The data involved will include:• production; tonnes waste and ore mined, ore grade, mining recovery, metallurgical recovery, metal sold• revenue; metal price, smelting & refining charges, marketing costs• operating Costs; mining, milling, administration, fees, royalties• capital Costs; exploration, development, construction, indirect costs (engineering, management), contingencies, start-up, inventories, working capital, replacement and sustaining capital, closure costs• taxes and royalties• exclusions; depreciation (this is not a cash item), sunk costs (only costs going forward)."

Jan 1, 2003

By Nur Hossain

Analysis of Linear Elastic Fracture Mechanics (LEFM) parameters via the Virtual Crack Closure Technique (VCCT) has been obtained for SENT specimens of AM6OB magnesium alloy. It is found that the ratio of initial crack length to initial monotonic plastic zone size is one of the critical factors in establishing the limit of using LEFM concepts. If this ratio is below a certain limit (i.e. when crack lengths are small in comparison to the plastic zone size), loss of similitude stress intensity factor range would occur. This ratio, therefore describes the limit below which the use of LEFM would no longer be admissible. In this study, the above limit was established for AM6OB magnesium alloy. In addition, fatigue crack propagation tests were conducted to ascertain the fatigue response of the alloy and determination of the coefficients of Paris model.

Jan 1, 2010

By D. Djokic

One of the most attractive features of electron beam curing as a process for manufacturing composite structures is the potential for attaining very low levels of residual stress as compared to thermal curing. This residual stress reduction is important both for the potential to reduce composite failure strains at low operating temperatures and the associated reduction in process-induced deformation. Previous work has demonstrated that it is possible in some cases to significantly reduce residual stress development during irradiation and also avoid development of additional residual stress during post cure. In this paper, simple L-shaped composite laminates were used to study the development of residual stress and deformation during thermal post-cure of specimens that were already partially cured using different radiation doses. Following post-cure, these specimens were also subjected to high-temperature loads to study creep behaviour under service conditions. Aerospace

Jan 1, 2006

By R. A. Kipp

THE dry concentration of ores and minerals is a subject on which there is very little engineering literature available. With the advent of flotation, practically all milling research was turned to this development as it held the answer to large-scale economic operations. However, there are many concentration problems that can be more adequately and economically handled by the dry methods that have been developed, and, consequently, I believe it is very advisable for mining men to become fully 'conversant with just what can be done in the dry state. Therefore, today, I should like to give a brief summary of the processes that are available and, in a general way, how they can be a p-p lied. I shall confine my remarks mainly to two dry processes: THE Am FLOTA'l'ION TABLE AND THE ELECTROSTATIC SEPARATOR Dry Magnetic Separators should probably also be included, but I am

Jan 1, 1961

By B. R. Rakishev

When transferring from the railway transport to the combined automobile-conveyor transport by stripping works at coal mines, it was proposed to form at the working zone a concentration horizon for reloading part of the stripping volumes at the railway transport. The procedure is adduced for substantiating parameters of bloc-panels, depending on the step of transferring of reloading points in interrelation with the intensity of the working zone?s development with observing the balanced movement of parts of the stripping zone relative to the temporary concentration level.

Aug 1, 2013

By M. Mai Manga, M. Renaud, A. Faucher, C. Bazin

ABSTRACT Grinding circuits are operated in the presence of disturbances resulting from ore changes and equipment malfunctions, such as hydrocyclone overloading, worn or partly plugged apexes, surging, and internal liner detachment that may cause a loss of classification performance. Metal recovery losses in downstream leaching or flotation circuits justify the development of methods for rapid detection of hydrocyclone malfunction. Two methods are presented in this paper. The first method uses measurements from sensors available in a grinding circuit and the second uses vibration sensors installed on the individual hydrocyclones of a nest.

Jan 1, 2011

By J. E. Moyle

The costs of labour and electric power are of prime concern to almost all industrial enterprises, and various methods of reducing their impact on production costs are constantly being developed. Automation is one of these schemes, and has received a good deal of attention in the past few years. In the mining industry, compressed air is almost universally used, and its cost is significant. Although the compressor machinery now in use has achieved a high degree of development, the hazard of explosion and fire still exists in these systems. There is thus considerable resistance in some quarters to suggestions that such installations can be safely and successfully automated. The Milliken power plant consists of two 30,000 lb. /hr. fully equipped high-pressure boilers, four H.P. air compressors, a steam turbine for stand-by power, and several L.P. compressors and vacuum pumps. With the installation of automatic and protective equipment in the machinery section, the shift force has been reduced from three to two men.

Jan 1, 1963

By J. J. O?Neill

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

Jan 1, 1934

By Benoît Valley

Optimization of the mining sequence in terms of economics (maximizing net present value) often leads to multi-front mining methods generating pillars. Significant resources are tied up in these pillars, but mining them is often challenging. In order to improve our understanding of rock mass behaviour while extracting these pillars, an extensive monitoring program has been designed and implemented at Vale?s Coleman mine (Sudbury, Canada). The program focuses on existing and new technologies that have potential for monitoring deformation and rock mass property changes. It includes both active and passive methods: gravimeters, multi-point borehole extensometers, fiber optic strain meters, fixed and portable three-component seismic arrays, borehole imaging and sonic logging, and, repeated LiDAR surveys. This paper reports results from an initial project phase, when only a small amount of mining has taken place. The goal was to test and compare technologies in order to assess their sensitivity, accuracy, repeatability and suitability for underground mining conditions. Value is gained by having a broad range of monitoring devices running side by side, enabling comparisons and benchmarking.

Jun 1, 2012

By W. G. Wahl

The Slave Province, a segment of Archean continental crust, migrated west and north from the northern flank of the Superior protoshield shortly after the Kenoran orogeny. The probable cause of migration, the path it followed and the cause of its coming to rest can be inferred from the Bouguer gravity data. The migration caused an indentation in the edge of the Superior protoshield which precluded the development of the Hudsonian orogenic front under Hudson Bay. As the nickel and asbestos deposits of the Thompson Nickel Belt and the New Quebec Nickel Belt are restricted to this orogenic front, no such deposits would occur under Hudson Bay.

Jan 1, 1973

By B. Burger, T. Bester, S. Deonarain, L. S. Schultz

"This paper details the process followed to raise drill and equip a 6.1 metre diameter vertical service shaft at Glencore’s Mindola Deeps project in Kitwe, Copperbelt Province, Zambia. The project scope comprises a shaft collar, bulk air intake, a pre-sink to -90 metres and raise drilling the shaft from surface to a final depth of 1,892 metres underground, in four separate lifts of approximately 475 metres each. Equipping of the shaft steelwork, headframe erection and commissioning the shaft for hoisting. In addition, the scope included the development of a decline down from 5430’ level underground to the new shaft position on 6205’ level. This paper will provide some insight into the successes and challenges encountered during execution of the shaft works to date and provide some learnings for future projects of a similar nature. INTRODUCTION The Mindola Mine is situated to the west of the city of Kitwe in the Copperbelt Province of the Republic of Zambia (Figure 1). The mine is owned and operated by Mopani Copper Mines Plc (MCM), whose shareholders are Glencore AG (73.1%), First Quantum (17.9%) and ZCCM Holdings Plc (10%).Productivity at the Mindola mine has been adversely affected because of significant ventilation and ore re-handling challenges, which are caused by the dilapidated infrastructure, and design of the existing vertical and sub vertical shaft system. In the circumstances, it was apparent that it was necessary to sink a new vertical shaft that would increase the volume of fresh air down the mine, improving the underground working environment and the current hoisting restrictions, resulting in an increase in productivity and efficiency. Because there were two existing levels ideally situated and perpendicular to one another and because a third level was in close proximity to that perpendicular and because the mine required a ramp down to shaft bottom in any event, consideration was given to raise drilling the shaft as opposed to using conventional blind sinking methodologies."

Jan 1, 2019

By Hrayr Agnerian

The fair market value of an exploration property is determined by its potential to host a mineral deposit. This potential is gauged by the results of previous exploration, exploration stage, meaningful past expenditures and remaining targets that are not yet tested. Values of exploration properties can be viewed as distinct points in a three-dimensional space defined by orthogonal axes, namely: Exploration Stage (x-axis); Cumulative Expenditures (y-axis); and Property Value (z-axis). In general, these values are estimated by applying activity factors on previous exploration expenditures, e.g. an activity factor of 100% for an active property with good potential and a factor of 50% for an active property but past expenditures have not upgraded the property. At certain periods, a market factor may also be applied to reflect the activity of mineral property acquisitions. For properties that do not exhibit any exploration potential, only nominal values are applied.

Jan 1, 1996

By M. Uszko

The climatic area in which Poland is located requires heating the ventilation air at intake shafts during the winter season. Air heating of the intake shaft should ensure safe operation of hoisting devices; while at the same time it also affects the conditions of the mine environment. The paper presents the issues of shaft heating in coal mines in terms of the mining law, the effect on the conditions of the mine environment and heating technology solutions used in the mines of Kompania Weglowa S.A. (KWSA).

Aug 1, 2013

By Michael Bauer

Increases in productivity and improvements in mining occupational safety and health are intrinsically linked. Over the past years, the German Hard Coal Mining Industry has been able to accomplish both: an increase in coal production and, at the same time, a significantly reduction of accidents. This success has been achieved by advances in technology, better organization and investment in people. Since 1990 productivity has more than doubled, while the total number of accidents has been reduced by more than 90%. Further development started initially with the mechanisation of the winning and drivage technology. Innovative technology and standardisation of the mining equipment were one reason for the increase in productivity and reduction of the accident rate. Therefore this technical development was not only one important pillar of the TOM model explicated later but also the requirement for the successful development of the other pillars. In addition to further developing this innovative technology it was possible to realise procedural and organisational improvements. As a result, the above achievement is based on implementing the three pillars of the so-called "TOM" model (technology, organization, ?Mensch? = human). To increase safety, improve performance, raise awareness and change of employees? attitude, the following technical and organizational requirements have been introduced: ??New innovative technology and procedures, standardized techniques and better equipment. ??Measures to revise or redefine the organizational structure, processes and systems of work, which were then integrated into the company policy and procedures as a company management tool. ??Personnel measures (investment in people). These include, improving motivation and behaviour, training, communication to raise and to change awareness of safety issues. Success in Occupational Health and Safety is not an automatic or self-regulating process. It needs hard work to make improvements and it must be treated as a recurring cyclic process. As a result of the above, occupational health and safety has become a natural part of daily work in the German Hard Coal Mining Industry. This could only be achieved by the unconditional "commitment" of all managers and employees to the issues, coupled with discipline and responsible action. Further improvements towards the ultimate aim of "zero" accidents are only possible by mutual involvement in implementing the ?TOM? (technology, organization and ?Mensch? human) model.

Aug 1, 2013

By O. Hungr, V. Gischig, G. Preisig

Deep-seated landslides are characterized by slow time-dependent movements induced by constant gravitational creep, and periods of acceleration associated with stress changes within the rock and the preexisting fracture network. Natural stress changes are typically caused by seasonal variations in surface temperatures and groundwater pressures, but also by rare and more violent events such as earthquakes. These processes are responsible for cyclic loading and unloading that leads to rock mass damage, fatigue and progressive failure with time, and may explain sudden, unexpected rock slope acceleration phases. In this work, we present a set of distinct-element models to investigate and compare the role of hydromechanical fatigue and seismic fatigue in the history of a deep-seated landslide. Hydromechanical fatigue arises from the fluctuation of pore pressure in fractures accompanying periods of significant groundwater recharge. In alpine areas, there are usually one or two cycles per year associated with snow melt and intense rainfall periods. In the presence of a deep confined aquifer within the rock slope, the amplitude of pressure fluctuations may reach values of 0.25-0.5 MPa. Hydromechanical models considering such pressure changes are able to reproduce observed slope accelerations-decelerations phases. Substantial accelerations may occur even in the absence of a cycle of exceptional amplitude, depending on the current state of fatigue. At a given time, one or more fractures may be critically-stressed, and a small change in applied stress is enough to cause local failure and induce a crisis of enhanced slope acceleration. This is augmented if the rock slope contains planes of weakness associated with its tectonic history, glacial debuttressing, etc. The corresponding behaviour is analogous to laboratory experiments on rock and metal fatigue. Similar fatigue effects have also been proposed for repeated earthquake events in seismically active regions. Unlike hydromechanical stress changes that occur in a more localized portion of the rock slope, those induced by passing seismic waves involve the entire rock mass. Moreover, the frequency and amplitude of stress perturbations due to earthquakes are different than those induced by pore pressure variations, although both likely contribute in combination to the degradation and progressive failure of large deep-seated landslides when both are present. The results presented illustrate that: (1) assessment of slope stability near critical infrastructure (e.g., hydroelectric reservoirs) should not only consider static stability, but also failure mechanisms related to fatigue that evolve over time and may result in an apparently stable slope progressing towards a critical state due to relatively small but repetitive stress changes; and that (2) characterization of fatigue processes affecting a deep-seated landslide requires multiparametric continuous monitoring at different observation points.

Jan 1, 2015

By J. F. Wright

Introduction Previous to 1924 the mining fields of Manitoba and adjoining territory had not been prospected in detail, and the reports of the exploration of the mineral discoveries to that date had been discouraging. As a result of the apparent failure of all the mining operations, some considered that geological conditions in the country westward from lake Superior extending across western Ontario, eastern and northern Manitoba, and northern Saskatchewan, were different from those in the northeastern part of Ontario, where large gold mines had been developed. Discoveries of importance thus were necessary to renew interest in the mining possibilities of this part of the Canadian Shield, and the successful operations at Flin Flon and Howey in large part were responsible for the beginning of the present activity in what may be described as the part of the pre-Cambrian Shield within central Canada. In Manitoba, the more important developments at present are in the Central Manitoba, Gods Lake, and Knee Lake fields. The large area from west of Flin Flon east to Herb Lake, also, is being explored carefully for gold deposits of merit. A number of properties in Red Lake, Woman Lake, and Pickle Crow areas are being drilled and explored underground. Many of the mines of the Lake of the Woods area, that were producing gold 30 years ago, are re-opened, and new prospects in this field and in the country to the east are being explored. The recent development of Little Long Lac mine in an area near the railway, and considered by some to have been thoroughly prospected years ago, has stimulated interest in the areas formerly prospected. In the autumn of 1934, the belts of greenstone and sediments in the country east of lake Nipigon were staked, and deposits in these fields will be explored in detail this year. This paper is presented to discuss the general features of the geology and gold deposits of the various prospecting fields in Manitoba and adjoining territory. Details of a number of the areas and mines will be presented at this meeting in papers by Barton on Little Long Lac, Tanton on Sturgeon River, Baker on Gods Lake, and Brownell and Kinkel on Flin Flon. Although mining was not active in most of this territory previous to 1930, geologists of the various government departments continued field studies and interesting reports were issued.

Jan 1, 1935

By J. Dubinski

Poland is the ninth largest coal producer in the world and Coal Company is the largest Polish producer of this deposit yielding 51% of national production. Coal Company mines are located in the Upper Silesian Coal Basin. These are underground mines which operate in difficult geological conditions at great depths of up to 1200 m. One of the most common natural hazards in Polish mines are rockburst and seismic hazard impacting on surface infrastructure and habitants. In the assessment of the rockburst and seismic hazard methods of mining seismology play a leading role. This paper presents progress that was achieved in the last few years in the implementation of new seismic monitoring systems and seismic interpretation methods for the prevention of hazard deriving from seismicity induced by mining. This progress in assessment of rockburst hazard and impact of seismic activity on the surface infrastructure was achieved through close cooperation between the Coal Company and Central Mining Institute ? the country?s leading scientific institute in the field of mining seismology. New theoretical solutions are in the process of testing in mines of Coal Company where seismic monitoring systems are installed and controlled by well-qualified personnel. Some directions of further joint actions to increase the effectiveness of rockburst and seismic hazard assessment are presented as well.

Aug 1, 2013

By A. C. de Araujo, M. G. Barbosa, R. Martino, S. Gaydardzhiev

The Iron Quadrangle district is a world-class iron ore mining district in the region of Belo Horizonte, capital of Minas Gerais state, in Brazil. Many mining companies have been mining high-grade hematite ores for decades throughout the region. The mines reserves often include itabirite ores which are available in high volumes, but have lower iron grades than hematite ores and require elaborated mineral processing to meet the requirements of downstream steelmaking. Itabirite ores have acquired importance, with the depletion of high-grade hematite reserves due to their intensive mining. The objective of this paper is to propose a geometallurgical model for the processing of itabirite ores from an Iron Quadrangle deposit, which will allow predicting the behaviour of ores throughout the deposit, according to their local variations. An initial step consists in characterizing representative samples of the different ores to acquire mineralogical and textural data. Then, itabirite ores of known characteristics are processed with different techniques, in order to extract the trends and key parameters upon which the geometallurgical model is developed. At first, the model takes into account the particle size distribution and its shift during mining and screening, as well as the chemistry and mineralogy of the material. Then, using the previously identified key parameters such as iron recovery, the model predicts the composition of the processing products. Finally, this data is used to model the mineralogy and mass recovery of the products. The geometallurgical model is of great importance, as it is able to model the processing of any sampled ore throughout the deposit. The incorporation of the results in a mining block model will assist mine planning and opens new opportunities for an optimized mining schedule.

Jan 1, 2016

By P. Coursol

The Noranda Reactor Process (NRP) has been in operation now for more than 30 years and this mature process has attained a high level of performance. The NRP at the Home Smelter of Xstrata Copper treats a wide range of feed materials and a thorough knowledge of both process control and smelting physico-chemistry has been beneficial to help meet the required plant flexibility. In this regard, some level of predictive knowledge related to slag chemistry, in particular, the liquid and solid phases such as spinels or olivines, has been found to be beneficial. In the last decade or so, the availability of commercial thermodynamic modeling packages, such as Factsage1m have been utilized with advantage to help the plant optimize slag chemistry and minimize problems from difficult slags, for example, those the could arise from undue feed variability. This paper illustrates the application of this software in examining a range of operating parameters such as: %Fe in product matte, the %Fe/%Si02 ratio in the slag, the levels of minor slag components including CaO, Ah03, ZnO, and MgO, and the level of oxygen enrichment on the operating conditions of the NRP. The slag composition boundaries at the conditions affecting magnetite control and solid magnetite/other precipitated solid phases, as well the conditions influencing the slag liquidus ranges of NRP slags are also discussed with respect to the overall process chemistry.

Jan 1, 2007

Palabora Mining Company (PMC) processes a multi-component ore body using a circuit consisting of two AG mills in parallel, closed with vibrating double deck screens and hydrocyclones. The bottom screen undersize feeds the hydrocyclones, but the screen oversize products can be treated in a variety of ways. The top deck screen pebbles can be crushed and then combined with the bottom deck oversize and recycled to the AG mill. Alternatively both the top and bottom deck screen oversize can by-pass the recycle crusher and be recycled directly to the mill. A full tap-off is a configuration when both the top and bottom deck screen oversize streams are stockpiled. The other configuration is when the bottom deck screen oversize is recycled to the mill while the top deck screen oversize is stockpiled - termed partial tap-off. This article reports the findings from the surveys performed to evaluate the performance of the PMC auto mill circuit when operated under the four different configurations discussed. Ore characterisation tests were performed to assess the deportment of the key ore components for the different configuration.

Jan 1, 2012