Search Documents

By Christopher P. O?Connor

Stereolithography is a well known rapid prototyping technique in the manufacturing sector. Essentially it is a three dimensional printing process that produces plastic prototype parts from standard CAD files. At present, Canadian mining companies are not fully aware of the potential of Rapid Prototyping Techniques (RPTs) for their production and mine design systems. Mining engineers and geologists attempt to visualize and understand the characteristics and layouts of orebodies on computer models and in cases where it is decided to develop physical models, the process is time consuming based on simplified constructions. Rapid prototyping techniques (RPTs) such as stereolithography can facilitate engineers and geologists to quickly and with satisfactory accuracy to visualize sections of orebodies and evaluate alternative ore extraction techniques using 3D solid models. The research discussed in this paper is carried out by the Laurentian University Mining Automation Laboratory (LUMAL) in collaboration with the Department of Mines Research of Inco Limited and the Integrated Manufacturing Technologies Institute (IMTI) of the National Research Council of Canada. The main objective with this research is to evaluate the applicability of state-of-the-art RPTs (e.g. stereolithography) to underground hard rock mining systems. RPTs can play a significant role in accelerating the design and development process of mining systems.

May 1, 2002

By Cosmin Carpinisan, Erich J. Hofmann, Stephen J. Hall

"Since presenting a technical paper regarding their unique capabilities in Forged Steel Mill Gearing at the SAG-2006 Conference, Australian heavy engineering company Hofmann Engineering has pioneered a number of new manufacturing processes and design concepts for components of large comminution equipment. These include: 1. Novel design improvements for HPGR Rolls with forged steel tyres and a unique patented tungsten carbide insert designed to improve wear life, enhance autogenous layer build-up, and to reduce breakage & chipping under load. 2. Development of forged fabricated Mill Heads using rolled & welded high-tensile steel plate as alternatives to cast conical mill heads. 3. Insitu Girth Gear measurements for profile and wear via portable 6-axis CMM. 4. Gear and Pinion designs to AGMA-6114 for SAG mills of 38’-40’ diameter to 24MW and for Ball Mills of 26’ diameter to 18MW. The paper presents case studies from the Australian heavy manufacturing facilities of Hofmann Engineering, combined with news of their new gear manufacturing and gearbox overhaul facility in Canada."

Jan 1, 2012

By Vladimir N. Rudashevsky, Louis J. Cabri, Nikolay S. Rudashevsky, Thomas Oberthür

"EPD (Electric Pulse disaggregation) and HS (hydroseparation) are exceptional technologies for research, concentration, evaluation, and mineral extraction of specific minerals such as precious metals (Au, Ag, PGM), kimberlites (extraction and concentration of indicator minerals), zircons and baddeleyite (recovery of objects for geochronology), and even gemstones (method of evaluation and production of the 100% gemstone concentrate of ideal crystals) etc. EPD is used for recovery of pristine undamaged crystals of diamond, emerald, ruby, sapphire etc, including large crystals. It was tested on various hard ores and was especially successful for recovery of “soft” minerals from “hard” matrix. EPD products are very convenient for HS processing, resulting in representative concentrates of all heavy minerals including the finest particles (5-10 µm). The combined EPD and HS method enables high sensitivity (20 ppb) for evaluation of precious metal ores providing objective information about original grain size, associations, and recovery using a very small amount of sample (1-3 kg). Latest developments of EPD and HS techniques at CNT Mineral Consulting Inc. include the HS-21 hydroseparator (50 kg/hr) and the Spark-21 EPD (5 t/hr), which enables use of both techniques for prospecting and mineral processing of industrial size samples of certain ores.INTRODUCTIONThe main task for mineral processors is to find a reliable technology for testing of mining feasibility and the efficiency of mineral extraction procedures. Among various mineral processing approaches of extraction and concentration there are two alternative cost-effective methods that can be described as the most environmentally benign and complementary: electric-pulse disaggregation and hydroseparation. These techniques were tested on many different ore types and process products with great success providing a precise and comprehensive mineralogical determination of different accessory precious metal and other useful minerals constituent in rocks, ores, and tailings.This article describes several examples of EPD and HS use: native gold from the Kostomuksha deposit (Karelia, Russia), a Ag-Au deposit in South America, zircons from ancient ultramafic igneous rocks of SW Greenland, bauxites of West Australia, PGM from the Driekop dunite pipe and gemstones (ruby, sapphire, emerald and demantoid) from different deposits."

Jan 1, 2008

Burr Mineral Resource has: ?Grade / Thickness / Tonnage ?Dry Caprock ?Low Carnallite ?Low Clay / Insolubles ?Flat & Continuous Deposit ?Proper depth

May 1, 2009

By J. Duncan Crone

"A test surface Pulse EM(PEM) survey over a plunging massive sulphide lens, located in the Snow Lake area of Manitoba, has shown that it is possible to detect the body to a depth of 300 metres. Another surface survey in the Athabasca basin of Saskatchewan, clearly outlined a large, basement graphitic zone below 450 metres of sandstone cover. Deep detection of these conductive bodies was achieved by energizing large volumes of ground with a strong transmitted EM field. Such large fields also energize all other conductors present in the exploration area. Both of the above survey results indicate that more than one conductor is present. In such cases, detailed field coverage is required for accurate interpretation, and interpretational procedures that assume simple geometrical shapes should be applied with caution. In all cases geological and geophysical information should be coordinated in detail. The first test drill hole still has a high risk of missing the deep conductive body and two or three holes should be budgeted per target.Borehole Pulse EM surveys are now routinely used to help zero in on deep conductive targets. They are also proving effective in development drilling programs by outlining the edges of conductive bodies. The results of surveys from northern Quebec illustrate how they may provide more accurate shape and tonnage estimates."

Jan 1, 1985

By K. Yamaguchi, Sekimoto. H.

"Platinum Group Metals (PGMs) used as catalyst which reduces toxic substances in emission gas exhausted from an automobile should extensively be recycled because they are rare metals produced only at the limited regions. The recycling process is to smelt an alumina honeycomb, in which PGM is built, in molten iron with flux such as lime and silica to separate them. PGMs are concentrated in molten iron while alumina in slag.The objective of this study is to understand the factor to concentrate PGMs in liquid iron as much as possible. Fundamental research of the distribution of the PGMs between the slag and liquid iron was carried out to recover the value metals of platinum, palladium and rhodium from the three-way auto catalyst. The distribution ratios of platinum, palladium and rhodium between the Al2O3-CaO-SiO2 slag and liquid iron are from 10-6 to 10-5, and these are concentrated in comparison with slag phase by about 1 million times to the liquid iron at 1873 K. The distribution ratios of platinum between the FexO-CaO-SiO2 slag and liquid iron decrease from 0.1 to 2?10-4 with increasing the CaO content in the slag. The CaO addition to the FexO unary slag is effective in concentrating platinum in molten iron.Based on the distribution ratios obtained in this work, recovery of PGMs was determined. The recovery of platinum, palladium and rhodium increase with increasing the mass ratio, Mmetal/Mslag. In the case of the conditions of Mmetal/Mslag = 0.04, the recoveries of PGMs showed more than 99.97%. The use of liquid iron and carbon saturated liquid iron as the collector metal is advantageous for the PGM recycling of the three-way auto catalyst. We found that PGMs are enriched to the molten iron or the carbon saturated iron and the slag loss of PGMs is negligible small."

Jan 1, 2014

By Evelynn Stirling

Agenda ? Emissions legislation ? Cummins Tier 4 Technology ? Cummins Experience with Technology ? Operation and Maintenance Impact The Emissions Challenge ? The 2014/5 emissions regulations present the most significant challenge to our customer?s diesel powered equipment design and operation in recent history? ? ?and Cummins has the solution.

Aug 1, 2013

By T. Holmes

Investigations reveal that the throughput difference between a perfect production day and the average is often on the order of 40%, and that bulk solids handling system deficiencies are the largest (>50%) class of lost opportunities. Root causes for underperformance of elements in material handling systems can often be traced back to the detailed design and even study-stage oversights. To reduce or eliminate bulk solids handling problems in an existing system requires an analysis of troublesome handling equipment – for example, a concentrate transfer chute that experiences plugging, poor flow to the furnace, unacceptable dust generation, and spillage. These problems often lead to significant maintenance costs related to downtime and personnel time. Understanding the cause and cost of flow issues is the first step in troubleshooting the problem. Next, measuring the material’s flow properties is critical to providing design data required to develop a comprehensive scientific solution. In the case of a new installation, the design data is required to properly design the system right first time and prevent flow problems from occurring so that the new equipment works correctly from start-up. This paper highlights the cost of material handling problems and discusses the best approach to evaluate material handling system deficiencies. A case study is given of how Anglo American's operation in Barro Alto Brazil enjoyed a 5-month payback from a bulk solid transfer chute debottleneck project. INTRODUCTION When operating a plant or designing a greenfield or brownfield operation, the intent is to have perfect production days (PPD) each and every day. Money is made by moving material through the plant in a controlled manner to produce the desired product. Mining operations and copper concentration processes are at the most basic level a practice in bulk solids handling (BSH). Unfortunately, many of the project planning steps are overlooked, particularly related to BSH. Investigations reveal that the throughput difference between a PPD and the actual average is often on the order of 40%, and that BSH system deficiencies are the largest (>50%) class of lost opportunities (Wellwood, 2017). Root causes for underperformance of elements in material handling systems can often be traced back to the detailed design and even study-stage oversights. BSH issues are essentially baked into the fabricated plant and left to operations to accept the deficiencies and deal with them for the life of the mine. These deficiencies then become part of the normal operation of the mine and plant.

Jan 1, 2019

By S. Bellec, A. Berton

"Usually, steady state mass balances are used for the design of mineral processing plants. However, this tool does not take into account the impact of process inputs variability nor does it evaluate process transient behaviours between stationary states, such as mill start-up and shutdown. The use of advanced simulations enables the integration of dynamic behaviours in process design decision-making by highlighting situations that are undetectable by using only steady state mass balances. Applying these simulation tools to brown field projects allows the simulator performances to be calibrated and validated on actual plant data before it is used as a prediction tool for the modified plant.Three (3) simulators were implemented at the design stage of a major upgrade project for an ore processing plant in order to assess process behaviours under different production scenarios. These simulators were built to evaluate the impacts on major elements such as mine production, ore stockpile, concentrator production as well as water demand. A validation of individual equipment models was performed whenever sufficient measured data was available. The simulators were then used to study the impact of ore variability (grade, hardness, throughput), to assess day-to-day production special events, and to evaluate the true stockpiles live capacity.The use of a stochastic simulator for equipment sizing allowed a more precise sizing of many pieces of equipment and avoided important expenses in the fresh water pumping system. The dynamic simulator also confirmed that the water in place system would suffice, even in the most demanding production scenario. Finally, the stockpile simulator allowed an important production bottleneck to be quantified and then made possible the assessment of various practical solutions for the stockpiling-reclaiming issues.Post start-up, process data underlines the fact that using advanced simulation tools was useful to mitigate process-related risks associated to the plant expansion, showing generally accurate prediction and adequate equipment sizing, leading to smooth process commissioning. The presented methods are part of what is now routine in Soutex’s participation in both greenfield and brownfield projects."

Jan 1, 2015

By E. C. Harder

BRITISH Guiana, Great Britain's only South American colony, may be reached by very comfortable steamers, both from North America and Europe. The trip from North American Atlantic ports requires about 12 to 14 days; that from Europe about 18 to 20 days. A number of steamship lines, including Canadian, American, and Dutch, have regular sailings between North America and British Guiana, with calls en route at various interesting ports in the West Indies and northern South America. Moreover, several lines, including British, German, and French, have steamships operating regularly between Europe and the West Indies. Indeed, so popular have the West Indian voyages become in recent years that, during the winter months, special cruises in considerable number are organized for many vessels that ply in the trans-Atlantic service in the summer. A trip to British Guiana, therefore, has become a delightful experience. After visits at the various attractive Leeward and Windward islands and Trinidad, the approach to the low, flat, British Guiana coast, with its muddy coastal waters extending for many miles offshore, is somewhat of a contrast. Arrival in Guiana waters is signalled by the appearance of the modern high-power Demerara Light, located "on a shoal about twelve miles from the mouth of Demerara river. From this point, if the tide is right, a pilot takes the steamer across the bar, eight to ten miles offshore, and into Georgetown harbour. At high tide, the water above the bar ranges from 15 to 18 feet in depth, depending on whether it is neap tide or spring tide; at low tide, the corresponding depths are 9 to 11 feet. As the bar is of soft mud, however, it is usually possible for vessels to pass over it with a draught of about two feet in excess of that indicated by the tide tables. Upon nearing the shore, one sees first the Georgetown wireless towers, then the light-house and the tall chimneys of sugar mills and of various factories in Georgetown, and finally the palms and other tropical trees and the houses of Georgetown itself along the sea shore and the east bank of Demerara river. Extensive wharves operated by various exporting and importing companies stretch along the river bank and activity prevails in Georgetown harbour. The principal exports are sugar, rice, gold, diamonds, bauxite, balata, lumber, fruit and other tropical products. The imports are food-stuffs, wearing apparel, and manufactured materials of many kinds.

Jan 1, 1936

By Faan Bornman

"Reeves and Platt1 stated that dense medium separation is one of the most complex unit processes in mineral processing today particularly if cyclones are used. It is also the most efficient gravity concentrating process available to process engineers. The complexity of the process and large number of design and operating variables means that the process has largely remained more an art than a science. Dense medium separation is well established in the diamond, coal and iron ore industries but is gaining popularity as a pre-concentration step in other industries. The maintenance issues are addressed that will affect the efficiency of the operation.INTRODUCTION The purpose of the dense medium separation (DMS) process is to separate the valuable material from the waste based on gravity differences. However, the specific gravity difference between the two fractions must be large enough to achieve high efficiencies. Heavy particles sink through the dense liquid and light particles float. DMS is also used for the pre-concentration of minerals before further downstream processes like communition, in order to minimise the treatment costs. Examples are the pre-concentration of diamond ores or metalliferous ores like nickel, copper and cobalt. Dense medium separation is also used to upgrade the material to meet different market specifications, for example in coal and iron ore applications. A typical dense medium separation process for a diamond application is shown in Figure 1."

Jan 1, 2014

By M. -C. Noël, G. P. Demopoulos

In this work the formation and environmental stabilization potential of arsenate-containing fluoroapatites is considered. In particular in this research various compounds were precipitated from synthetic solutions containing fluoride, arsenate/phosphate and calcium by varying different parameters-temperature, Ca:As ratio, pH, and P:As ratio, and aging time. The results obtained helped determine the operating window that should be used for the formation of highly crystalline fluoroapatites, in particular svabite (Ca5(AsO4)3F). It was found that svabite has a specific pH range of precipitation, with lower pH yielding CaF2 and calcium arsenate compounds such as CaHAsO4•H2O. At higher pH, a mixture of svabite and johnbaumite (Ca5(AsO4)3OH) precipitated, yielding a less stable material. This range of precipitation varied with the concentration of arsenic in the starting solution, and widened with higher initial concentrations of Ca2+, AsO4 3- and F-. Furthermore, svabite/fluoroapatite solid solutions were formed by using the same procedure as svabite but replacing some of the arsenate in solution by phosphate. The increase in phosphate content yielded a gradual change in morphology and crystallinity. Work on stability evaluation is currently under way.

Jan 1, 2014

By R. L. J. Phillips

"The environmental impact of the Rabbit Lake project is presented. Baseline data for fish, water, air and radon collected in 1973, 1975, 1980and 1986, are compared with post-development environmental monitoring data. Predicted environmental impacts for the developed Rabbit Lake and B-zone deposits are compared to the actual impacts. INTRODUCTIONThe environmental impact of the Rabbit Lake project has been documented through the years in several submissions to the government agencies. In 1972, the environmental baseline study for the Rabbit Lake area was completed prior to any mining activity at the Rabbit Lake pit (Fig. 1).Sampling concentrated on Hidden Bay and Pow Bay, which received the treated effluent and the waters drained from Rabbit Lake respectively.A second baseline study was done on the Collins Bay area in 1980(Fig. I) in preparation for the mining of the B-zone pit. The detail in this study was considerably greater than the detail in the previous study. Collins Bay and Harrison Peninsula were the areas sampled. The B-zone deposit is being mined at present.With the discovery of the A-zone, D-zone and Eagle Point deposits, it was decided in 1986 to begin proceedings to obtain approval from Saskatchewan's Department of the Environment, and from the Atomic Energy Control Board to develop these deposits.In preparation, a third baseline study of both the Rabbit Lake and Collins Bay areas was done in 1986 and 1987. The emphasis was to establish the baseline at the three new deposits, to quantify the actual impacts of the existing Rabbit Lake operations and to confirm the Collins Bay B-zone (1980) impact predictions. The new deposits will allow us to continue to produce uranium into the future. In January 1988, Saskatchewan approval was received.Since 1975 in the Rabbit Lake area and 1980 in the Collins Bay area, routine environmental monitoring has been done. This has resulted in one of the largest and most comprehensive environmental data bases in North America in mining. By the time the Eagle Point deposit is mined to completion, there will have been data collected for approximately 40 years.Further discussions follow which describe the impacts of the past (1972 to 1984), the present (1985 to 1987) and the future. In addition, the past and present performances and the future plans of the .waste management systems will be discussed."

Jan 1, 1989

By Simon W. Houlding

The mining community is geographically remote and widely dispersed. There is a growing requirement for formalized professional development of members by professional associations, and increasing recognition of the advantages of continuing education and training by both individuals and corporations. Working against these trends are the increasing expense and time commitments required for attendance at conventional courses and workshops. The result is a perceived need for a readily accessible source of continuing education and technical reference on the Internet. The design constraints for an Internet model for professional development include: ? browser compatibility, with any time, any place, any pace accessibility; ? a content presentation model with low bandwidth requirements, appropriate interactivity for examples, tools and reviews, and viewer performance monitoring capabilities; ? formal accreditation of content, presentation and process so that viewer achievements may be formalized in terms of widely recognized Continuing Education Units; ? availability of tools for conversion of source material to the presentation format with minimal effort. A model that meets the design constraints is presented and illustrated by examples from an existing Internet site for continuing education in mining.

May 1, 2002

By John Wilson

"The unconformity beneath 75 per cent or over 6000 km2 of the Athabasca Basin in Alberta lies within economically exploitable depths. The basement beneath this unconformity consists of an extension of the Wylie Lake Pluton, locally faulted and containing areas of mylonitic rocks. While the rocks of the Wylie Lake Pluton are not promising host rocks for uranium ore deposits, the areas of mylonites, graphitic rocks and possible remnants of granitegneiss would bear closer examination. One area of maficmylonites shows a weathering zone enriched in Si, Ca, Na, Pb, Ni, Ba, Co, Sr, Zn and U in addition to reported values of 0.08 oz/ton gold. This zone occurs beneath 800 m to 900 m of Athabasca Group sediments, but similar rock types are present beneath much thinner cover elsewhere. Detailed geophysical exploration is required over the area of thinner Athabasca Group rocks to define more precisely the areas of promising basement rock type.IntroductionThe Athabasca Basin in Alberta has considerable economic potential which has not yet been realized. The geological setting is closely analogous to parts of the basin in Saskatchewan which host major uranium deposits. Recent advances in geophysical techniques have led to deposits being located in Saskatchewan below 600 m of cover. This means that the unconformity between the Athabasca Group and the basement lies at exploitable depths over 6000 km2 or 75 per cent of the Alberta portion of the basin. Much of this area was only cursorily examined almost a decade ago. In addition, Alberta's new Metallic Mineral Regulations have clarified the regulatory situation in the area, and opened up much land for exploration. This article is based on Wilson's (1985a) study of the Athabasca Group and Wilson's (1986) work on the basement and alteration beneath the Athabasca Group in Alberta."

Jan 1, 1987

By Konstantinos Modis

According to recently established theoretical analysis and under certain conditions, a critical sampling density can be determined for an earth-related space-distributed natural variable. Sampling above this critical limit adds little to the mapping results. The objective of this paper is the application of the above theory to the Sesklo clay quarry in Greece, where Heracles General Cement Company had conducted a sampling campaign to estimate its reserves. The structural analysis of Al2O3 values generated a variogram model, from which the critical sampling density was identified. This critical number was by far lower than the existing sampling density. Clay reserves were then estimated using geostatistics and inverse distance squares in different data schemes with variable densities. The results of the comparisons between the various models revealed that, when the sampling density was greater than its critical value, geostatistics and deterministic interpolation gave similar estimations, which is also in agreement to the theory. The optimal sampling grid finally proposed here, will result to significant cost savings in the next drilling program which is now in plan by the company.

Oct 1, 2009

By Rees J. Llewellyn

High chromium white irons can be formulated to provide required combinations of abrasion and erosion wear resistance, toughness and capability to withstand corrosion attack. As a consequence, they are used widely in casting form throughout the mining/mineral processing industry, particularly as components for slurry pumps and also as mill and crusher liners, laminated wear plates in chutes and hoppers and in valves, nozzles and cyclones. Traditional cast chromium molybdenum and high chromium white irons for wear applications are covered in ASTM A532 Classes 11 and 111 and are also available as comparable proprietary alloys. They rely on heat-treated, hypoeutectic microstructures containing a high volume fraction of very hard eutectic/secondary metal carbides and martensite to provide extremely high wear resistance. The ability to increase the carbide volume fraction and hence achieve higher wear resistance, has been limited because of severe casting difficulties encountered when carbon and chromium contents are raised and hypereutectic alloys with structures also containing coarse acicular primary metal carbides are produced. The limitation has been overcome and cast hypereutectic chromium white iron pump components have established themselves in a wide variety of mineral processing service applications. Comparisons will be made between the microstructures and wear test performance data for the various alloy types and details will be provided of the service performance improvements that have been achieved through the use of hypereutectic chromium white irons.

May 1, 2004

By J. Y. Murdoch

TAXATION has become a major item in the operation of Canadian mines, and, as such, merits our most serious consideration. I feel it was a splendid idea for the Institute to set aside this time for a frank discussion of this important subject, and believe great benefit will result from a better understanding of the methods and underlying principles involved. Mining, as a great national industry, may quite properly be called upon to pay its fair share of the cost of running the country; and there is no tendency on our part to avoid this responsibility. There is, however, a very definite demand that the proportion be just, and fairly and sensibly applied. I believe that Mr. C. G. Williams, Secretary of the Canadian Metal Mining Association, and others, are giving details of the various Provincial and Dominion regulati6ns, so I shall not touch on that phase of the situation. However, there are some important factors to which I should like very briefly to call your attention. The first is the vital need for stability. As you all know, a considerable period must elapse between the preliminary stages of any mining venture and the time when it comes to production-or is finally abandoned as un-profitable. These early days are fraught with many unavoidable uncertainties. If, to these natural hazards, the apprehension of instability of governmental action be added, the risk becomes so great that capital seeks other and safer fields for investment, and many otherwise promising projects are thus discarded. There probably never has been a time in recent years when so much money was seeking investment as now. Under favourable conditions, the development of our great mineral resources would be a natural and attractive outlet for this money. The amount of taxation which the mining industry can properly absorb is of the utmost importance at this time, and it might be well to consider this question in its relation to the economic stability of our country, for it cannot be too greatly emphasized that direct taxation is only one item in the net return which our governments derive from the mining industry. Indeed, the many indirect benefits are so manifest that it would seem almost unnecessary to enumerate them! We almost invariably think of mine taxation as a direct company tax-overlooking the fact that sales tax, customs duties, acreage tax, income tax on mine dividends, foreign shareholders' dividend tax, and others, must all be taken into consideration. It would seem that the economic value of non-ferrous metal mining in Canada is not sufficiently understood and appreciated.

Jan 1, 1935

By Ilpo O. Auranen

Background: Mines of today are moving ever increasing tonnages of rock. The new ore bodies tend be of lower grade and located deeper in the earth?s crust. The industry?s focus to overcome this ?deeper but poorer? ore problem has traditionally been to lower the costs by increasing the scale of mining. This has resulted in an ever increasing size of mining equipment like drills, loading shovels, dump trucks. The main focus has been in reducing the cost per ton of mining. This cost focus has often resulted in increased waste rock dilution and more ore losses. From costs to value: Waste rock dilution means waste rock in the concentrator feed. It?s value in open pit mining is equal to the value of ore it replaces. In underground mining, waste rock dilution?s value is equal to the value of ore it replaces added to the costs of mining it. It is commonly accepted that waste rock dilution in open pit mining ranges between 5 and 20% and in underground mining between 5 and 40 % . In a typical large open pit mine ore value is from 20 to 60 USD per ton and mining costs are 1 to 3 USD per ton. One percentage point reduction in waste rock dilution represents savings corresponding to about 20% of total mining operation costs. The difficulty of reducing waste rock dilution comes from the complicated nature of the ores. Accurate ore waste-border detection has not been possible due to excessive costs. Core drilling combined with geochemical lab analysis is the most accurate method for locating ore waste borders. However, it is also expensive and time consuming, which is why it is often combined with somewhat lower cost methods like sampling drill cuttings from blasting drill holes or from reverse circulation drills and analyzing them in a laboratory. The main drawback with these methods, in addition high costs, lies in the sampling accuracy and in the quality control of the whole process when a large number of samples have to be handled manually. In every mine it is possible to halve waste rock dilution by using new on-line analysis technology .

Oct 1, 2009

By Walter F. Atkins

Fair market value, in the legal sense , is the price which a prudent and knowledgeable buyer and a prudent and knowledgeable seller, acting without constraint or compulsion , will agree upon to exchange an asset. In the ordinary commercial or engineering usage, the term may imply simply the market value or a reasonable and equitable price. The engineer evaluator who is called upon to express an opinion about the fair market value of an asset may be able to base his estimate on the sale price of similar assets or on the market values of stock. Frequently such indicators of value are not available and the evaluator must devise other means of appraisal. Mineral resource properties may be thought of as having value by virtue of the existing or potential ability to produce at a profit. Conventional procedures permit the computation of the present value of future revenues having due regard for the time value of money and the risks attendant upon the realization of the venture. Such computations have gained wide acceptance as a basis for the estimation of fair market value.

Jan 1, 1977