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By Christopher R. Lattanzi

"Discounted cash flow analysis provides a means of relating the magnitude of expected future cash profits to the magnitude of the initial cash investment required to purchase an asset or to develop it for commercial production. The objectives of discounted cash flow analysis are to determine:.. The net present value of a stream of expected future cash revenues and expenditures... The rate of return which the expected future cash flows will yield on a given level of initial cash investment.In the case of mineral properties, discounted cash flow analysis is generally accepted as the preferred method of valuation, whenever sufficient data are available to permit its reasoned application. Sufficient data are required to support estimation of all of the individual elements of cash revenue and cash expenditure which will be associated with the development and operation of the property, up to the end of its estimated life. It is the accuracy of these input estimates which determines the validity of the resulting determinations of profitability and rate of return on invested capital.In undertaking any discounted cash flow analysis, it is important to recognize certain fundamental attributes of the mining industty:.. The basis of any mineral development is the existence of an ore reserve... Costs are determined by the number of tonnes mined and processed, while revenues are determined by the number of pounds or ounces of metal produced. The two are related by the recovered grade of the ore... Profit is typically more sensitive to changes in revenue than it is to changes in cost... Commodity price is a principal determinant of revenue, but it is also the factor with which is associated the greatest level of financial risk.In the end, of all of the factors which must be considered in the discounted cash flow valuation of a mineral property, the most significant are the reliability of the reserve estimate, particularly with respect to recovered grade, the price at which the product is to be sold, and the risk of not maintaining the projected level of price."

Jan 1, 2003

By Art Hamilton

The Zn-Pb-Cu-Ag ore deposits of the Boundary and N-5 zones near Bathurst, New Brunswick, occur in a polydeforrned volcano-sedimentary sequence that is part of the Ordovician Tetagouche Group. Massive and disseminated sulfides are hosted by an argillaceous to cherty sedimentary sequence that is stratigraphically Wlderlain by a siliceous fragmental unit and is overlain by a feldspar-rich crystal tuff and related tuffaceous rocks. The deposits have a low iron sulfide content relative to that of most stratabound sulfide deposits of the Bathurst-Newcastle mining district. The ore is commonly associated with chlorite- and talc-rich sediments. The N-5 deposit is considered to be the fault-displaced extension of the Boundary deposit. The Boundary deposit is estimated to contain 891 000 t grading 3.31% Pb, 7.96% Zn, 0.32% Cu and 44 g/t Ag; the estimate for the N-5 zone is 330 000 t grading 3.24% Pb, 7.15% Zn, 0.33% Cu, and 37 g/t Ag. The ore is processed at 1000 tpd at the Heath Steele mill.

Jan 1, 1992

By S. Spigarelli

The creep response of the AE44 magnesium alloy was studied by means of constant load creep tests carried out at 125 and 150°C, obtaining that at the latter temperature the minimum creep rate observed under an applied stress of 100 MPa was two orders of magnitude lower in the investigated alloy than in AM50. The minimum creep rate dependence on applied stress was described by a conventional power-law, e = Aon , where A was a temperature dependent parameter and n was the stress exponent, resulting in a n value close to 30, i.e. by far larger than those observed in commercial alloys with similar Al content. This large difference in creep response was attributed to the precipitation of rare earths (RE) intermetallic phases distributed in the grain boundary zone in form of an almost continuous network of dispersoids that were observed by means of scanning electron microscopy.

Jan 1, 2006

By W. Holyk

"Although lead, zinc, copper, and iron sulphides have been known for many years in the Bathurst region, the existence of large massive deposits was not known until the discovery of the Brunswick orebody in 1952. This was followed by the discoveries of the Anacon orebody in 1953 and the American Metals orebodies in 1954. There is no question as to the great importance of these large massive sulphide deposits, and no doubt that other sulphide deposits are to be found. The problem, of course, is where and how to find them.The discovery of the Brunswick and Anacon orebodies is attributed to geophysical work. The original discovery of the American Metals deposit is generally attributed to a regional airborne electromagnetic survey.It is generally stated that the Bathurst area is a geophysical camp, and this is essentially true, but in this highly competitive search for orebodies it is obviously impossible for an individual company to cover the entire area by a comprehensive geophysical survey. Some means other than geophysics must be used to narrow the target. The quickest, cheapest, and simplest method is geological investigations.It has been stated that nothing can be accomplished by geology in the Bathurst region, since the camp is largely covered with overburden. This is true only insofar as detailed work on certain properties is concerned. It is not true of the larger regional picture. Outcrops are scarce, but angular float is abundant, and precedent shows that angular float has moved but a short distance from its source.GeologyAeromagnetic maps published by the Department of Mines and Technical Surveys are the best guides to the geology and structure of the area. These maps supply factual information concerning the underlying rocks. When coupled with field investigations, they are very useful in the interpretation of regional geology and the selection of favourable areas. The discussion of the geology is accordingly centred upon the aeromagnetic maps. The following is essentially a working theory, based on geological facts as best reconciled with all other available information,"

Jan 1, 1949

By Silvio E. Kruger

Real time measurement of wear and corrosion provides crucial information needed to determine an optimal schedule for corrective maintenance and is a powerful tool to maximise equipment availability and reliability. It also leads to savings from optimized spare parts handling and helps to avoid costs of accidents and their negative impact on safety and the environment. This paper presents the technology of ?painted-on? ultrasonic transducers that can be integrated to structures and accurately measure the remaining thickness and therefore determine wear or corrosion losses. These transducers have a small footprint, a performance comparable to other commercially available ultrasonic transducers and can sustain temperatures as high as 400ºC. The application of this technology to mining equipments and its potential benefits are discussed.

Aug 1, 2013

By L. S. Trenholme

"Belleterre Quebec Mines, Limited, is a subsidiary of Mcintyre Porcupine Mines, Limited. The property is in Guillet township, Quebec, 45 miles due east of Haileybury, Ontario. It is accessible by 72 miles of gravelled road from New Liskeard, Ontario (Fig. 1).Gold production at the property commenced in 1936 and to March 31st, 1945, had exceeded $9,000,000. For the past 3 years the milling rate has averaged 325 tons a day and the gold recovery about $14 a ton.GENERAL GEOLOGYThe rocks of the district consist of Keewatin-like volcanics conformably overlain by Timiskaming-like sediments. Together they form the remnant of an easterly plunging anticline engulfed by granite (Fig. 2). The pregranite intrusives consist of diorite, gabbro, and ultrabasic rocks, occurring as dykes, sills, and irregular stocks. Dykes of porphyry and lamprophyre presumably related to the batholithic intrusive are common in this area. The veins of quartz are also probably derived from the batholithic intrusives. A few dykes of Keweenawan-type diabase have been observed."

Jan 1, 1954

By M. A. Vos

"Aggregates are the low-cost mineral raw material of building construction. Large volumes of aggregate are consumed each year. The availability of aggregates in southern Ontario is discussed in the context of the geological formations in which they occur. Sand and gravel are abundant in glacial deposits and in recent sediments. A knowledge of the glacial history is important for their discovery. Bedrock formations provide a variety of aggregates in Ontario. Knowledge of the rock types involved and of the depth of overburden are important for evaluation of the aggregate potential of bedrock resources in an area. Utilization of available resources intensifies as the population increases. Urban development makes it progressively more difficult to satisfy the demands of the construction industry. The effects of urban development on the aggregate resource base of an area are illustrated by developments and consumption statistics in the Toronto- centred region. There is an obvious need for a comprehensive survey of available resources in urban areas to serve as a guide in land-use planning. To fill this need, staff members of the Industrial Minerals Section, Geological Branch, Ontario Department of Mines and Northern Affairs, are engaged in mapping projects and mineral resource studies in southern Ontario as well as in some urban areas of northern Ontario."

Jan 1, 1972

By John Emery, George Wang

Research and applied utilization activities for the increased use of ferrous and nonferrous slags in construction are presented. The overall use of blast furnace slag is relatively well known for a range of construction applications from aggregates to slag cements. In contrast to blast furnace slag, which is volumetrically stable and straightforward in its construction uses, steel slag contains hydratable oxides that can result in volumetric instability that must be dealt with through appropriate steel slag aging, testing and quality control to ensure its appropriate use. Particular care must be taken to prevent potential steel slag expansive behaviour in confined applications. Quality requirements and guidelines on steel slag expansivity to further the use of steel slags, with demonstrated acceptable performance, are outlined. There is a full range of proven construction uses - from aggregate to cementitious materials - for copper, nickel and phosphorus nonferrous slag. The use of air-cooled nickel slag is presented, based mainly on practical highway construction experience. It has been shown that air-cooled, crushed nickel slag can be an excellent aggregate in granular base, engineered fill and hot-mix asphalt. There is a good potential for increased ground, granulated copper and nickel slags use as supplementary cementitious materials that is being developed, which takes advantage of the 'latent energy' content. The scope of a new technical text in preparation on the technology of slag utilization is reflected throughout to provide a practical context for the engineer.

Jan 1, 2004

Centralia?Mine Operations ?Centralia Mine ?Mountainous Terrain ?High rainfall (greater than 50 inches/yr) ?Multiple Pit/Multiple Seam ?Truck/Shovel Prestripping ?Dragline Overburden ?Coal Wash Plants

May 1, 2001

By G. R. Peeling

The Mining Association of Canada launched the Towards Sustainable Mining initiative in 2004. TSM's goal is to improve the mining industry's performance by aligning its actions with the priorities and values of Canadians. The initiative currently includes performance indicators for four areas: tailings management, energy use and greenhouse gas management, external outreach and corporate crisis management planning. Over the past year, the association has been designing a performance assessment and verification system for these performance areas, as its members prepare to move external verification of their performance in 2007. The initiative and its evolution, as well as the challenges faced in developing a verification system applicable to an entire sector will be examined.

Jan 1, 2007

By Gary Walters, Thomas Gonzales, David George, William Davenport, Andreas Siegmund, Suping Yao, Shijie Wang

The previous survey of world copper smelters was in 2016 (Copper, 2016). The copper smelting industry has grown and improved considerably since then, including continuing growth in China and modernization in Japan (Extraction, 2018). Outotec flash smelting and Outotec flash smelting/Kennecott - Outotec flash converting continue to be adopted while newer processes continue to be adopted in China. In addition, some of the world's original flash furnaces have been completely rebuilt (Extraction, 2018). This paper provides recent industrial production data and discusses these new developments. INTRODUCTION A world copper survey was redone in 2016 after a thirteen year lag since 2003. Some of the notable changes were the significant increases in production particularly from China. Since then, several smelters have gone through modernization processes and decommissioning of older technologies. This paper will review the notable changes since the last publication at Cu2016. In the last paper, Copper Smelting: 2016 World Copper Smelter Data, the author gave an audible sigh after observing that copper smelter sites as well as new and notable smelters have been spreading like wildfire in China since 2003. Indeed, seeing is believing. Figure 1 shows the Ningde Copper Smelter (double flashing, 400,000 MT Cu/Year capacity) that started up producing copper in 2018; Figure 2 shows the Nanguo Copper Smelter that is under construction with 300,000 MT Cu/Year capacity (first phase, side blown smelting and continuous top blown converting). We should not only admire the Chinese copper industry’s significant technological developments, but also the copper price support that it has provided throughout this century.

Jan 1, 2019

By Juliana Parreira

The past decade shows record increases in global demand for minerals and metals with an accompanying significant decline in skilled personnel. Mining companies today are examining new technologies to maximize production, reduce costs, and create safer work conditions to deal with this shortfall. Automation of an open-pit mine haulage system is receiving attention as a beneficial option since it provides more consistent and efficient operation of mining equipment, it removes workers from potential danger, it reduces fuel consumption significantly reducing greenhouse gas (GHG) emissions, and it can help optimize vehicle repairs and equipment replacement because of more-predictable and better-controlled maintenance. This paper describes a simulation model under development using the EXTENDSIM software package to examine scale-up issues and constraints of autonomous vehicles in comparison to a manual system. The software can predict and manage Key Performance Indicators (KPIs), such as productivity, safety, cost, equipment failures, fuel consumption, and tire wear under different road and load conditions. By breaking-down the various systems of an autonomous haulage truck and simulating the overall haulage system using a Monte Carlo approach, the model becomes a flexible and powerful tool to use within a mining organization. Direct comparison to a manuallyrun system can be done to show the cost and operational benefits of automation. Project managers can use this tool to guide decision-making about possible application of autonomous haulage trucks at a specific mine site.

May 1, 2010

By John H. McKillop

Industrial minerals production in Newfoundland in--creased in gross value by a total of 175 per cent during the ten-year period from 1954 to 1964. The Province accounts for all of ?Canada's fluorspar production and contains one of the most important fluorspar districts in North America. It is also the only producer of pyrophyllite in Canada, and quite recently has become an important producer of asbestos fibre. Limestone, gypsum, brick shale, sand and gravel also ?Contribute appreciably to the expanding industrial minerals phase of the Province's rapidly growing mining industry. Geological diversity characterizes Newfoundland's industrial minerals: Pyrophyllite deposits were formed by contact metamorphism of predominantly volcanic Proterozoic rocks. Fluorspar deposits are fissure-filling veins having the characteristics of typical epithermal deposits. Chrysotile asbestos production comes from one of the Island's serpentinized ultrabasic belts. Limestone is produced at three localities; two of them in the extensive carbonate rocks of the west coast. Gypsum production comes from a thick evaporite (gypsum and anhydrite) sequence in the Carboniferous rocks of the St. George's Bay area. Introduction

Jan 1, 1965

By Bian Xue, Wu Wenyuan

In order to recycle the iron and rare earth from the Baotou tailings, a roasting method was developed involving the addition of C, Ca(OH)2, and NaOH, designed to both decompose the rare earth minerals and convert haematite into magnetite and allow its recovery. The effect of various parameters such as roasting temperature, roasting time, C addition, Ca(OH)2 addition, and NaOH addition on the reduction ratio of haematite (iron sesquioxide) and decomposition ratio of rare earth were investigated. The results showed that the reduction ratio of haematite and the decomposition ratio of rare earth could be as high as 85% and 95% respectively when the roasting temperature was 650°C, roasting time was 60 min, Ca(OH)2 addition was 4%, NaOH addition was 3%, and C addition was 1.5%.

Jan 1, 2014

"This contribution is concerned with adaptive processing decisions, where the process parameters are optimally adapted to the varying properties of the material input stream. Our starting point is the geometallurgical paradigm that the varying properties of the input stream are considered known e.g. from a geometallurgical model of the mined ore body, and optimal processing parameters are computed from them, by finding the parameter seaming optimal in a computer simulation.This approach however has to work with a lot of uncertainties: The prediction of the geometallurgical ore parameters can only be done with some geostatistical uncertainty. The parameters themselves are only proxies for true ore properties. Model prediction can differ relevantly from actual process results, due to model simplifications. Due to these uncertainties the computed processing choices can turn out to be inferior to simple non-adaptive processing. In this contribution we focus on the uncertainty of the ore properties and analyse this effect systematically, by modelling this uncertainty effect mathematically and in computer simulations. The most important findings are:(a) Processing choices not taking into account the uncertainty sometimes even perform worse than simple non-adaptive processing, for the sole reason of ignoring the uncertainty effect.(b) Ore properties, not adequately reflected in the ore description, might require different approaches, in which the observed processing behaviour feeds back into process control.(c) Bayesian decision theory allows computing optimal processing choices combining the information from the mine (geostatistical predictions) and from the process feedback. These choices give much more robust choices and do not suffer from the drawbacks described for the simple approach we started from.These new approaches can substantially improve the performance of adaptive processing in existing plants."

Jan 1, 2016

By Yusuke Yamamoto, Mineo Asano

"The present study investigated the texture transition during secondary recrystallization in the AA5182 sheet. During the initial stage of annealing, the texture showed a weak Cube orientation as the primary recrystallization texture. During the secondary recrystallization with abnormal grain growth, the area ratio of the {hkl} <011> orientations increased by consuming the other orientations. The texture transition was calculated by the 2-D Monte Carlo simulation with the misorientation dependency. When the higher grain boundary mobility was set in the specific range of the high angle misorientation, the orientation preferential growth of the RW {100} <011> orientation was reproduced. However, other {hkl} <110> orientations could not be well reproduced by the misorientation dependency.INTRODUCTION Crystal orientation and texture are important factors for aluminum sheet products from the standpoint of mechanical property, formability and isotropy. The recrystallization texture results from the orientation preferential growth from the rolling deformation microstructure and the texture (Alvi, Cheong, Suni, Weiland, & Rollett, 2008). Texture development has been a topic of intense research for decades with advances in analysis methods, e.g., orientation mapping (OIM) and computer simulations (Fjeldberg & Marthinsen, 2010; Ivasishin, Shevchenko, Vasiliev, & Semiatin, 2006). The grain boundary characteristic is considered to be a key for the orientation preferential growth. In the case of the recrystallization from the deformed microstructure, not only the grain boundary characteristic, but also the dislocation density and the subgrain size affect the nucleation and the grain growth (Engler, Löchte, & Hirsch, 2007). On the other hand, in the case of secondary recrystallization, the dislocation density and the subgrain size can be ignored and the effect of the grain boundary characteristic can play a significant role in the grain growth. There is intense research about the texture development during secondary recrystallization in aluminum alloys and it was reported that coarse {hkl} <011> grains were formed during the secondary recrystallization (Suk, Shin, & Huh, 2006; Rios, & Gottstein, 2001). However, the mechanism of forming the {hkl} <011> grains has not been fully clarified. In the present study, the effect of the grain boundary characteristic on the orientation preferential growth was investigated by EBSD analysis and Monte-Carlo (MC) simulation."

Jan 1, 2018

By W. R. Bacon

"IntroductionTHIS IS a brief discussion of certain regional and economic aspects of the Coast Range of British Columbia. Between Portland canal and the 60th parallel of latitude, only the eastern margin of the Range is in Canada. The solely British Columbia interval extends from Portland canal to Burrard inlet. Personal observations in various parts of this area form the basis for much of this paper.Regional GeologyGranitic RocksSome of the best, most continuous exposures in the Coast Range are found at sea level. Reconnaissance study of the coastline has shown that the Range is predominantly granitic in character, but there simplicity ends, for the term 'granitic' as applied to the Coast Range covers a variety of mineralogical compositions. Actual granite is quite uncommon, occurring mainly in irregular or dyke-like masses that do not achieve batholithic dimensions. It is commonly pinkish, relatively homogeneous, and exhibits few of the deformational features that are obvious in much of this plutonic complex.Most of the granitic rocks of the Range fall well within the compositional limits of quartz diorite and granodiorite. The problem of resolving the great mass of these rocks into smaller coherent units is in general a difficult one. As noted above, granitic rock of uniform composition and texture is found in restricted areas and can be outlined without much difficulty. One such body occurs on the southern shore of Nelson island."

Jan 1, 1955

By E. Demedde

Carbon anodes in aluminium reduction cells are continuously consumed during electrolysis. In prebake cells the anodes are replaced at regular intervals. The spent anodes, called butts, are often allowed to cool in air while emitting fluorides into the building from the hot alumina cover and the adhering bath. In modem smelters spent anodes are placed inside enclosures and fluoride emissions during cooling are effectively reduced. Fluoride emissions from spent anodes were estimated by considering the kinetics of fluoride formation, a heat transfer analysis of the cooling anode butt and the ventilation flow from a cavity. Fluoride emissions from large anode butts cooling inside enclosures were compared with those cooling in air. Good agreement with published experimental values was obtained for enclosures having different leakage opemngs, when a hydrofluorination reaction of the spent anodes was included.

Jan 1, 2006

By J. Salazar

This paper presents a dynamic simulator of the semi-autogenous grinding operation deduced from first principles (non-stationary population balances) coupled to a Model-Based Real-Time Optimization (MBRTO) system to study optimizing strategies for an industrial semi-autogenous mill using genetic algorithms. For the design of the MBRTO both a validated first-principle steady-state model adapted on-line and a dynamic model were used to study the transient effect. The objective function considered is to maximize the ore throughput or the fine-product rate by changing the power-draw. For these purposes, these two performance indexes were introduced as fitness functions in the genetic algorithms. The three decision variables used were the ore feed rate, the water feed rate and the mill rotating velocity. The optimization problem was solved using a classical genetic algorithm with constant population. Constraints in the power draw and the filling level were handled by assigning a penalty function to the fitness function. Simulation results using industrial data for a large 1800 t/h copper-ore mill show the effectiveness of the system in finding the optimum controller set-points as a function of the process-operating constraints; mainly maximum ore feed rate, power draw and filling level. Starting from non- optimum conditions, the optimizer is able to improve the global performance index by 50% relative to a base case.

Jan 1, 2007

By I. Bakry

Uncertainty is an inherent characteristic of construction projects. Neglecting uncertainties associated with different input parameters in the planning stage could well lead to misleading and/or unachievable project schedules. The objective of this paper is to present a new approach towards scheduling repetitive construction projects while accounting for uncertainty. The paper presents an algorithm that quantifies anticipated delays resulting from different sources of uncertainty in the form of fuzzy time buffers. Through inserting the time buffers in strategic places in a time schedule, the algorithm provides protection against those main anticipated delays. The presented algorithm comprises two integrated components, a scheduling component responsible for producing a basic Linear Scheduling Method (LSM) schedule with deterministic activity durations, and a buffer component that handles fuzzy buffers sizing and insertion. The presented algorithm offers four different buffer insertion techniques covering different cases of interrelations between successive activities. The algorithm is implemented in a spreadsheet application, which automates calculations, yet allows users to fine tune the algorithm to fit the project at hand. With a focuses on highway construction projects as an example of repetitive construction projects, this paper accounts for sources of uncertainty such as weather, site conditions, change orders and equipment related delays. A hypothetical case is studied and explained to further demonstrate how the proposed algorithm works.

Aug 1, 2013