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By Sadegh Elyasi

TBMand roadheader are two dominating excavation machines in underground tunnelling projects. The performance of these two tunnelling machines has been reviewed and analysed individually by many researchers from multiple points of view. However, there are almost no studies that have made an extensive comparison between these two machines, mostly from financial points of view. The current study is intended to characterize both financial and technical status of these two mechanical tunnelling machines in one of the biggest coal mines in Iran. The main objective of this study is to define the best method and equipment that meets a predefined economic goal, which is mainly to maximize the net present value. To this end, a technical and financial model based on the geomechanical and financial parameters involved in the project has been prepared and the financial part of the project has been carried out by applying COMFAR III financial analysis software. Subsequently, a sensitivity analysis of the model was conducted in order to evaluate the effect of involved parameters on the project. According to the results, a roadheader has better economic justification than a TBM, while the TBM has a better advance rate than the roadheader.

Feb 12, 2021

By John Rajala

The Otjikoto Gold Mill was commissioned during November–December 2014 as Namibia’s first new gold producer in 30 years. Its operations consist of surface mining with a modern gravity/carbon-in-pulp mill for ore treatment and gold recovery. The initial mill design capacity was 2.5 Mt/a. Its capacity was expanded after nine months of operation to 3.1 Mt/a, and process performance has significantly surpassed design expectations. After startup, the Otjikoto Mill’s throughput and gold recovery ramped up quickly, with both parameters exceeding design after only two months of operation. The robust process performance continued into 2019, with key performance indicators (KPIs) eclipsing design values in almost every aspect of mill operation. The Otjikoto Mill’s gold recovery is exceptionally high, exceeding 98 percent every year following startup, especially considering the low-grade nature of the deposit.

By R. Mensah-Biney

The loading characteristics of gold-tetrabromide species onto activated carbon have been evaluated using a completely mixed batch reactor system. The overall loading of gold onto carbon was rapid for the first hour but continued slowly without cessation as a result of reduction of gold. Conventional equilibrium considerations were therefore not applicable. Although loading continued slowly after several days, abnormally high loading capacity values of 10-12 meq/g carbon (650-800 kgAu/tonne) could be attained within 72 hours. The loading of gold-bromo species by activated carbon was by the mass transfer of [AuBr4l-onto the carbon surface where reduction to metallic gold took place. Elution of gold from the loaded carbon was feasible provided the carbon had not been loaded to too high capacity values. If loading is carried to high levels, complete elution becomes impractical and the gold may be recovered by ashing the carbon. For the high loading capacities observed, this option would appear to be cost effective. The effect of several variables on the loading capacity of the activated carbon is discussed.

Jan 1, 1992

By J. B. Hedrick

Rare earths were not mined in the United States in 2008. However, processing of intermediate rare-earth concentrates continued throughout the year at the Mountain Pass Mine in California. Consumption of refined rare-earth products increased. U.S. rare earth imports were primarily from China, with lesser amounts, in decreasing order, from France, Hong Kong, Japan, Austria and Russia. The United States imported 100 percent of its supply of yttrium metal and compounds primarily from China. United States In 2008, lanthanide concentrates were processed by Chevron Mining Inc. (previously Molycorp Inc.) at its mine site at Mountain Pass, CA. Chevron Mining sold its entire holdings in the rare earths mine to Molycorp Minerals LLC in September and operations continued at the site through-out 2008. Major uses for these mineral commodities were in automotive catalytic converters, petroleum fl uid-cracking catalysts, permanent magnets, glass-polishing compounds, ceramics, metal-alloying additives, phosphors and recharge-able batteries. Three domestic companies produced and sold lanthanide intermediate concentrates and refined products. Chevron Mining sold its interests in the Mountain Pass Mine to Molycorp Minerals LLC on Sept. 30, 2008. Molycorp Minerals LLC is an investment company owned by Resource Capital Fund IV L.P., Pegasus Partners IV, LP, The Goldman Sachs Group Inc., Traxys North America LLC, Carint Group LLC and Mark Smith. The Molycorp operation previously mined the rare earth fluocarbonate mineral bastnäsite by hard-rock surface methods, and the mine remained on care and maintenance in 2008. Molycorp maintained significant stocks of bastnäsite concentrates, intermediate concentrates and high-purity rare earth compounds at its operations at Mountain Pass. In October 2007, Chevron Minerals completed phase one of its three-stage plan and restarted the rare earth separation plant at Mountain Pass. The company also processed intermediate rare earth concentrates from existing stocks during the first three quarters of 2008. Molycorp Minerals LLC maintained production in the last quarter of the year. The mine at Mountain Pass has been closed since 1998. Future plans are to restart processing of stockpiled bastnäsite concentrates followed by reopening of the mine.

Jan 1, 2009

By Emily Wortman-Wunder

As the 2009 president of the Society for Mining, Metallurgy, and Exploration, Inc., I am pleased to present the 2009 issue of Transactions of the Society for Mining, Metallurgy, and Exploration, Vol. 326. A significant portion of the contribution that we as a society make is the publication of professional and technical papers that contribute to the advancement of scientific knowledge and information transfer. Communication within the mining community is the key to a successful society. Through the information-transfer mechanisms of books, magazines, meetings and electronic media, the technology exchange that is fundamental to the existence of the Society is accomplished. This technology exchange continues a tradition that dates back to the 1871 meeting of 22 mining engineers in Wilkes-Barre, Pennsylvania, that resulted in the founding of AIME; those individuals envisioned that these transaction volumes “would form a most valuable and greatly needed addition to our professional literature.” This volume certainly satisfies that intent. In keeping with SME’s tradition of promoting technological developments while honoring the past, the 2009 Transactions represents an important milestone. It is the last Transactions to appear as a bound volume. Future volumes will appear as e-books only, with some of the Transactions-only papers appearing online prior to the ebook (exactly what form the new Transactions will take is still in development). The decision to go to an all-digital format for this longstanding publication was a difficult one, but one which we hope will better serve the mining community, especially our international members. This 2009 Transactions of SME, Vol. 326, contains a total of 73 technical papers (510 pages), including all 23 papers (136 pages) that were published in 2009 in the Technical Papers Section of Mining Engineering magazine (Vol. 61) and all 32 papers (232 pages) that were published in 2009 in Minerals & Metallurgical Processing (Vol. 26). In addition, this volume contains 18 papers (142 pages) that are being published for the first time in this issue. The papers presented in this volume were written by some of the most distinguished professionals in the industry worldwide. All 73 technical papers were peer-reviewed and approved. The process of review and publication requires much hard work by authors, reviewers and publications staff. As the 2009 president of SME and on behalf of our members, I would like to extend our gratitude to all whose efforts contributed to the publication of this volume.

Jan 1, 2009

By V. Herman, B. Knorr, D. Whalen

"Edge effect is a condition widely observed in High Pressure Grinding Roll (HPGR) operations that gives rise to reduced comminution at the edges of the roll surfaces. This effect is caused by a reduction in the local crushing pressure at the edges of the rolls resulting from the sliding friction between the static cheek plates and HPGR feed material. Practically, this has an impact on equipment sizing, as the edge effect leads to coarser particles reporting to downstream equipment in open-circuit operations and increased circulating load and diminished HPGR circuit capacity in closed-circuit operations.To address this, Metso's HRC™ HPGR incorporates an Arch-frame to maintain a parallel relationship between the rolls and allow for the use of a flanged roll design. We conducted a series of pilot-plant tests with a 750 mm by 400 mm HRC HPGR to compare the performance of the flanged roll design against that of a traditional cheek plate arrangement under similar operating conditions. The edge effect was found to be significantly reduced with the flanged roll design. Based on the pilot-plant results, the implications for circuit design, energy efficiency and overall plant performance in a full-scale application were investigated and discussed.IntroductionGlobal trends such as lower ore grades and rising operating costs are driving the market toward more energy-efficient mineral processing solutions, most notably in comminution circuit design. High pressure grinding rolls (HPGRs) have been recognized as an energy-efficient solution relative to more conventional circuit designs. The basic operating principle of HPGRs, in which a fairly uniform pressure is applied to a bed of material in the compression zone, lends itself to this improved energy efficiency (Morley, 2006). Studies have estimated that savings of 10-15 percent are possible when comparing an HPGR circuit with a traditional SABC circuit (Rosario and Hall, 2008). While HPGRs offer a more energy-efficient solution than tumbling mills, there is still room for improvement in many aspects of the design. Edge effect, in particular, is one such aspect that limits the effectiveness of the machines. Edge effect is the impaired performance at the edge of the rolls due to a reduction in crushing pressure (Morley, 2010; van der Meer, 2010). As described in our prior work (Knorr, Herman and Whalen, 2013), edge effect is caused by the interaction between the ore entering the crusher and the relatively static cheek plates positioned at the edges of the rolls. As the material is drawn into the crushing zone, the sliding friction between the ore and the cheek plates inhibits the ability of material to be effectively drawn into the compression zone at the edges of the rolls. This reduces the crushing force in those edge regions relative to the center of the roll where material is being drawn into the compression zone at a higher rate. In addition, the cheek plates of a traditional HPGR design are held in place by spring-loaded brackets that are adjustable to manage the clearance. This spring-loaded cheek plate design prevents full compression of the material in the edge regions of the roll as there is relief at the outer edges."

Jan 1, 2016

By ERIK CHARRIER, ADITYA JUGANDA, Jürgen Brune, Patrick Maier, Gregory E. Bogin Jr

Confined explosions are a major risk in underground coal mine operations. Depending on confinement, ignition location and obstacles in the flame path, methane explosions can transition to detonations. As a result, the severity of mine explosions ranges from minor damage to loss of lives and permanent mine closure. Experimental results have shown that the inclusion of obstacles can significantly increase the flame propagation velocity by inducing turbulence. This research focuses on explosion experiments in a 71 cm diameter, 30.5 m long reactor that includes rock piles as obstacles along with developing the corresponding CFD model that captures the observed flame behavior and interaction with the obstacles. The rock rubble increases the flame front propagation velocity by 500% compared to the maximum velocity observed in the empty reactor experiments. The 2D and 3D CFD models predict the experimental flame front propagation velocity, whereas the 3D model shows a more explicit conformity than the 2D model. Although the computational time to complete the simulation is much less for the 2D model than for the 3D model, the 2D model is not sufficient to simulate cases with rock rubble since it cannot capture the propagation of the flame through the small voids between the rocks with the same effective blockage ratio as the 3D model. The validated CFD model can be scaled up to simulate methane explosions in full scale mine and industrial settings.

Nov 20, 2023

By H. Huang, R. N. Gow

"Previously, Gibbs’ phase rule was applied to mass-balanced EH-pH diagrams for the Cu-As-S-H2O system. Diagrams were generated using the stoichiometry of enargite as a basis. In this study, the calculations were expanded to cover the stoichiometries of three other Cu-As-S minerals (tennantite, sinnerite, and lautite) and compared to enargite. Stability regions within the resulting EH-pH diagrams were found to change with stoichiometry such that a particular mineral would predominate if its stoichiometry was used in the calculation. Solution speciation was also found to vary, with thioarsenate being the best example. This stoichiometric effect helps to explain results reported in the literature and would be difficult to realize if it were not for mass-balanced calculations. INTRODUCTION A comprehensive thermodynamic review has recently been conducted on the aqueous copper-arsenic-sulfur system (Gow et al., 2014a-d). The free energies of over 100 species were collected from various authors and thermodynamic databases to produce mass-balanced EH-pH diagrams, using the thermodynamic equilibrium calculation software, STABCAL (Huang, 2014). The full database was listed and discussed by Gow et al. (2014A). Resulting diagrams were generated for enargite and confirmed with Raman spectroscopy using bulk mineral electrodes in order to identify reactions spectroelectrochemically. Theoretical calculations agreed well with the experimental results under alkaline conditions (Gow et al., 2014a), acid conditions (Gow et al., 2014b), and alkaline sulfide leaching conditions (Gow et al., 2014c). In this study, additional mass-balanced EH-pH diagrams are generated by changing the copper-arsenic-sulfur stoichiometry from enargite (Cu3AsS4) to tennantite (Cu12As4S13), sinnerite (Cu6As4S9) and lautite (CuAsS). Regions for the thermodynamically stable species are shown to change with the four different mineral compositions. Potential leach conditions, both for co-dissolution and selective dissolution techniques, were examined for differences in predominant species according to changing copper-to-arsenic ratios, sulfur compositions, and sulfur oxidation states."

Jan 1, 2015

By Immo H. Redeker

The Kings Mountain area of North Carolina is the lithium pegmatite center of the U.S., if not of the whole world. We have two spodumene and by-product mineral producing companies, Lithium Corp. of America, and Foote Mineral Company. We also have Kings Mountain Mica and Kings Mountain Silica Companies producing mica. feldspar, quartz and clay from weathered pegmatites in that area. Figure 1 gives the location of the spodumene pegmatite area in North Carolina. The two spodumene producers mine typical pegmatite ore in open pits after removing amphibolite or mica schist overburden which is sold to aggregate producers. The ore reserves are discussed elsewhere in this session. They are in the order of plus 50 million tons but not unlimited. 1.2 The major minerals found and concentrated from the North Carolina spodumene pegmatite ores are tabulated on Table 1.

Jan 1, 1977

By Luzheng Chen

The study aimed to evaluate the separation performance of a full-scale continuous centrifugal concentrator in the reconcentration of fine hematite from high-gradient magnetic separation (HGMS) concentrate in a tailings recovery plant, and to investigate the usefulness of the technology in industrial applications. The effect of changing the operating variables on concentrate grade and recovery was studied. The results indicate that among the variables considered in the study (water spray pressure, centrifugal acceleration, feed volume flow rate, feed percent solids and the reciprocation and spacing of water sprays), the change in centrifugal acceleration affects the recovery the most and continuous concentration can be achieved only when the water spray has a sufficient pressure. In addition, the reciprocation and spacing of the water sprays have a significant influence on the concentrate grade. Although performance of the full-scale concentrator is slightly inferior to pilot-scale trials, due to limitations in the scale-up design and the fluctuations of feed material characteristics, this concentrator provides a potential way to achieve continuous concentration and obtain a high-grade concentrate from tailings.

Jan 1, 2010

By T. A. Vivian

The use of heavy media organic solvents to recover coal from its attendant gangue is hardly new. DuPont built a pilot plant using pentachloroethane in 1936 at Weston Coal Company, Weston Breaker, Shenandoah, Pennsylvania. That's almost half a century ago. Since that time, it has become common practice to utilize similar classes of chemicals in laboratory separations of coal samples. It is the objective of this paper to discuss some specific separations on both pilot and laboratory scale on samples representing different classifications of coal. These separations have been carried out on coarse (+4 M), middling (4 x 20 M), and fine (-20 M) coal samples. The coal samples tested include Pennsylvania anthracite; Pennsylvania, Indiana and Colorado bituminous; Wyoming sub-bituminous; and Texas lignite. Other chlorinated solvents were used to vary the specific gravity of separation.

Jan 1, 1984

By M. K. Larson

"Specialized numerical modeling codes have been developed over the years to estimate ground stresses during the excavation of coal in underground mines. One of these tools, MULSIM, a displacement discontinuity boundary element code, was last developed by Zipf into a version called MULSIM/NL [USBM 1992a, 1992b]. The code was used frequently in years past, but closure of the Bureau of Mines in 1996 marked the beginning of a pause in its development. A similar tool with distinctly different treatment of overburden idealization, LaModel, was subsequently developed [Heasley 1997] and largely displaced MULSIM/NL in the literature. However, recent work modeling deep western longwall coal mines [Larson and Whyatt 2013] has demonstrated that MULSIM has distinct advantages for regions with relatively stiff and strong overburden. This work required that MULSIM be revived and updated into a version called MulsimNL/Large. Updates include larger array sizes, greater precision, greater number of materials, and the addition of a five-point, six-segment pillar load/displacement model that provides the user a more flexible coal-strength model allowing hardening and softening before a final residual strength. MulsimNL/Large has the ability to calibrate to large load transfer distances observed in some western U.S. coal mines that appear to be caused by strong, massive units in the overburden and/or floor of a coal mine. Also, it provides the ability to calibrate gob stiffness to simulate measurements or estimates of overpanel weight distribution between gob and abutment, while still maintaining load transfer distance with minor adjustments. MulsimNL/Large can easily implement material strengths calculated from various pillar strength models. The five-point model gives MulsimNL/Large the ability to easily simulate pillar behavior that is extracted from detailed pillar models, such as FLAC3D. MulsimNL/Large or similar approaches should be considered for evaluating mining layouts where stratigraphic conditions are known to cause overpanel weight to transfer to an extent significantly longer than the empirical method widely used to calculate load transfer distances in the U.S. [Peng and Chiang 1984; Mark 1987; USBM 1990]."

Jan 1, 2015

By G. E. Sreedhar, R. Kumar

The pockets of high silica blue dust across the entire high grade hematite deposits in the Bailadila sector bothers the excavation activity due their iron content, which is higher than the threshold value specified by the Indian Bureau of Mines and the agony of stacking them separately due to their fragile & powdery nature. The physical nature of blue dust and its negligible alumina content makes these a potential source of hematite, which is a blessing in disguise. As most of the particles are in the form of an independent grain making it appropriately suitable feed for dry magnetic separation and thus the dry beneficiation has turned a bane into boon by enabling to produce concentrate either suitable for using as DSO or amenable for blending. The emphasis on carrying out dry beneficiation studies in the present context serves the purpose of mineral conservation, mitigates the issues of excavation and stacking as well as conservation of water resource. This paper describes the laboratory and pilot scale dry beneficiation studies carried out on blue dust of 48 – 60%Fe and Silica up to 30% at 25 Kg/hour to 400 Kg/hour, resulting in production of concentrate assaying 60 – 65%Fe. INTRODUCTION High silica blue dust (HSBD) is associated with Banded Hematite Quartzite (BHQ) and is available in abundance in various pockets across the Iron ore body in the Bailadila region of Chhattisgarh state. High Silica Blue dust occurs in the form of free granular particles and also as friable lumps. The chemical quality of this falls under sub-grade category (45 – 55%Fe) and as per the guidelines of Indian Bureau of Mines, these are to be stacked and conserved as future resources of Iron if it can’t be utilized in the present circumstances. Due to its friable nature, stacking of HSBD is a challenge and it is also compounding the problem by polluting the air under high velocity wind conditions. Because of its physical nature and occurrence in pockets pose challenge to systematic mining. The existing processing set up of the operating mines is designed to treat either Direct Shipping ore (DSO) or Run-of-Mine (ROM) have grade >60% Fe. The present practice of beneficiating iron ore fines (<1 mm) comprise combination of two or more processes such as desliming, hydraulic classification, magnetic separation and flotation apart from requirement of grinding depending on liberation characteristics. The HSBD which is predominantly occur as free granular particles, is significantly low in its alumina content. This gives us an opportunity to utilize them by exploring a suitable beneficiation process so that the concentrate produced can be used as a sweetener for alumina rich iron ore/concentrate. Thus, in the present study, an attempt has been made to adopt dry high intensity magnetic separation technique to explore the amenability of the high silica blue dust for beneficiation.

Jan 1, 2019

By M. Kuchta, S. Iverson

INTRODUCTION Underground blasting with perimeter damage control can reduce the requirement for loose rock scaling and reduce the risk of ground-fall injury. In previous work Johnson and associates (2010) from the National Institute for Occupational Safety and Health (NIOSH) developed a rock blasting perimeter damage and control design method included in the DRIFT software tool (NIOSH, 2018). This blast design software tool utilizes current methods of perimeter blasting with the added design element of a buffer row coordinated with the perimeter row to reduce perimeter damage. The coordination is in applying one of several blast damage models to calculate the damage extent for each production, buffer, and perimeter blast hole in the design. The calculated damage is then applied to the spacing between the blast holes. The basis of the buffer row design is the practical damage limit and is supported in this paper with computer models of signature blasts and full blast rounds using PFC2D (Itasca Consulting Group, Inc., 2018). Practical damage limit The practical damage radius (Rd) is not to be confused with burden. The practical damage extends toward the burden side and inward into the rock mass. For all practical purposes, the practical damage radius equals one half the burden (Hustrulid, 1999). The maximum extent of radial crack damage around a blast hole (Rcrack) and the maximum extent of radial crushing damage (Rcrush) are illustrated in Figure 1. A “practical” radius of damage (Rd) lies between the crushing limit and the cracking limit. The “practical” damage means that if the rock mass lying outside of the practical damage circle were removed, the rock remaining within the circle would easily break apart. Blast pressure and strain Work by Johnson (2010) and associates included signature blast tests in large concrete blocks. A signature blast test in concrete as exampled by strain data in Figure 2 was designed to monitor the dynamic strain at incremental distances from a single fully coupled blast hole, measure crushing and radial cracking extent by wire-sawing to expose the damage, and relate the damage to overbreak that is common in underground blasting. The initial slope or rising strain as the stress wave passes by the strain gages shows very high strain and strain rates close to the single blast hole. Since the derivative of strain versus time is strain rate, a line tangent to each of the strain curves at the maximum strain rate is drawn and the strain rates identified. The high strain rates were then plotted on a semi-log in Figure 3 to show a linear trend. The strain rate is greater than 100 s-1 within 20 cm from the blast hole for the signature blast experiment. The strain rate at the blast hole wall is projected to be 300 s-1. Figure 4 illustrates the damage in the NIOSH block exposed by a wire saw cut.

Jan 1, 2019

By R. W. Lake

The decision to develop an ore body can lead to multi-million dollar profits, or equally substantial losses. Accordingly, the effort required to adapt a valuation model to the specific proposal at hand, or even the development of a new model from basic principles, is clearly warranted. In the formulation of a model of this nature, one is faced with some major questions. For example, with the long term obligations that it implies, on what basis should a decision to initiate mining operations be made? Furthermore, how can the vagaries of inflation and the uncertainties that shroud the future be accommodated? Beyond the general principles by which mineral deposits are evaluated, specific cost behaviour is a function of the geology of the deposit, and of the mine design. Moreover, mine design, during the life of the mine, must be a continuing process somewhat akin to dynamic programming. An initial, apparently optimal, design is selected and mining commences. With production, a continual process of information updating leads to revisions. Thus if the maximum value is to be obtained, the mine design must be adjusted to conform to the changed conditions.

Jan 1, 1977

By G. Barbery

In Mineral Processing, the objective of most processes is the separation of mixtures of minerals, which are originally associated in composite particles. Feed preparation processes grinding for instance, which take place before beneficiation or separation processes do not usually break particles at the boundary between mineral phases. They produce composite ("middlings") as well as liberated particle. It is therefore necessary, in a particulate system, to determine the proportion of particles which are liberated as well as, ideally, the size distribution of minerals which remain associated in composite particles. Up to now, there has been a lack of experimental techniques to characterize completely composite particulate systems. Heavy liquid separation which is commonly used to obtain information of this type can only be applied to simple binary cases for which one mineral has a low density (lower than e.g 2.8 ). The technique which is proposed in this paper involves the measurement of parameters on polished sections of particles mounted in a matrix, and the use of mathematical transformations to reconstruct in three-dimensions the information obtained from these measurements .

Jan 1, 1977

This treatise presents the application of the vertical furnace in a carbon regeneration system. Comparison is made to a rotary kiln. The construction, operation and control of the vertical furnace and system components are discussed. Advantages include high efficiency, fuel economy, minimal mechanical apparatus and maintenance, atmospheric and temperature control, ease of operation and reliability.

Jan 1, 1985

By P. Rusin

Many oxide silver and molybdenum deposits remain undeveloped because chemical extraction yields poor recoveries or is environ-mentally unacceptable. Bio-reductive leaching of such ore samples at MBX resulted in high recoveries of silver and molybdenum. When baseline 3-day cyanide bottle roll tests were conducted on manganiferous oxide silver ore, 13.7% of the silver was extracted. In contrast, 86% of the silver was microbially solubilized into the organic growth medium by bio-reduction with 99.8% dissolution of manganese. A follow-up cyanide bottle roll test yielded an additional 8.5% silver recovery for a total recovery of 94.5%. Baseline 3-day acid bottle roll tests of the iron oxide molybdenum ore yielded 1.8% moly. However, bio-reduction solubilized 93.3% of the moly into the growth medium. An additional 0.3% moly was recovered during the follow-up acid bottle roll test. Microbial treatment of refractory oxide ores with bio-reductive bacteria resulted in higher recoveries of silver and molybdenum than conventional chemical leaching. The bioleaching process occurred at a near-neutral pH at ambient temperatures. The bacterial solubilization of silver and moly was achieved without the use of cyanide or sulfuric acid.

Jan 1, 1992

By Jan Luca Grunow, Ansgar Bendiek, Klaus Böde

According to the Markowitz portfolio theory the value of a diversified portfolio is higher than the sum of the parts of a portfolio, which is an important consideration for the correct valuation. This is valid for real estate portfolios as well as for mining assets (or enterprises). This paper analyses the application of the portfolio theory to a diversified portfolio of assets in the real estate industry and draws conclusions on further research work to be done in the minerals industry. The volume of real estate transactions is increasing over recent years. As such, the nature of those transactions is constantly changing and in some cases portfolios become more heterogeneous as they are composed of different property categories, e.g. locations and types of use. This makes their economic evaluation more difficult. This paper focuses on the acquisition of a fairly heterogeneous real estate property portfolio purchased by “Commerz Real” in Germany in Q4 2019. For economic evaluation the widely used Markowitz portfolio theory (Markowitz, 1952) was applied. It was investigated whether diversification effects could achieve added value in the form of a reduction in risk compared to the sum of their individual components. As a result the findings of this research could be applied to other heterogeneous real estate transactions and even to mine property portfolio or PPP1 project portfolio transactions.

Jun 25, 2023

By Thomas M. Lynberg

WIDCO is a surface coal mine located near Centralia, Washington. The WIDCO preparation plant processes over 7 million tons of run- of-mine coal each year with a product yield averaging 72%. In the jig type preparation plant the fine refuse amounts to approximately 130 dry tons per hour of 28mesh by 0. This fine refuse material is thickened in a 160ft. diameter static thickener with the use of lime as a coagulant and organic polymer as a flocculant. Once thickened the fine refuse, which is predominately bentonitic clays, has been dewatered and disposed of using several different methods. These methods will be discussed and include vacuum disc filters, ponds, solid bowl centrifuges, belt filter presses and experiments with electrokinetic dewatering.

Jan 1, 1981