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By M. Drozd, M. Somppi, Z. Yamak

"Granular activated carbon is widely used in the gold mining industry for gold extraction from aurocyanide-containing slurry. The extraction process can employ carbon as part of the gold recovery operation for various circuit designs including carbon-in-pulp (CIP), carbon-in-column (CIC), and carbon-in-leach (CIL) circuits. However, various qualities of activated carbon exist and the durability of the material can change significantly from source to source. Handling this expensive reagent can pose challenges when fine carbon losses occur in the CIP, CIC, and CIL circuits. Additionally, any gold that is adsorbed to these carbon fines can also be lost by various mechanisms including carbon attrition and fracturing, inefficient coarse-fine separation, and poor carbon fines capture. With the above in mind, a series of tests were conducted to investigate standardizing simple laboratory methods for testing carbon quality. A standard procedure beyond or enhancing ASTM methods can serve as additional starting points for evaluating carbon specific to the gold industry. The investigation focused on size distribution, flatness, wet attrition resistance, surface area, gold kinetics, and gold loading. The final results provided information to generate an equation for ranking carbon samples to plant performance.IntroductionActivated carbon for use in gold extraction is amongst the most commonly found processes in modern gold-milling plants. Although gold losses are inevitable in the milling process, operators often focus on the importance of maximizing gold recovery. One focus area that is important in gold recovery is optimizing the use of activated carbon and examining potential changes to realize improved economics for carbon-in-pulp (CIP), carbon-in-column (CIC), and carbon-in-leach (CIL) processes."

Jan 1, 2017

By Richard Burt

"In seeking to supply the ever increasing needs for raw materials, the mining industry has been required to develop lower grade resources in increasingly remote regions of the world. This has resulted in the extension of many frontiers, both technologically and geographically.The accent of mineral processing research over the last few decades has been to “do existing things better”. There have been many breakthroughs in equipment and processes; however in general the accent has been to increase capacity of existing unit processes, often by orders of magnitude, or to refine the process itself by basic research and development. This has lead to added sophistication, enabling the process engineer to maintain optimum performance of his equipment while reducing the cost, and the amount of labour needed to operate the plant.While much of the increased requirement for resources is handled by the development of ever larger, lower grade orebodies, a significant portion still comes from the small miner - even the artisanal miner - operating in remote and often politically sensitive parts of the world. For them, innovation and simplicity are the keys, not sophistication.The tension between sophistication and simplicity - or research and reality - is specially evident in the area of gravity concentration of rare metals, such as tin and tantalum. This paper looks at this tension, primarily from the eyes of an operator and seeks to put into perspective the two paradigms."

Jan 1, 1999

By E. W. J. Thornton

During the past six or seven years extensive research has been performed on ore samples procured at the Bruns1,vick Tin Mines which is located in the south-west corner of New Brunswi.ck. This property was originally staked by Mount Pleasant Mines and they did considerable metallurgical and geological work on a small copper, zinc and tin deposit. In 1969, the property was obtained by the Sullivan Mining Group and after much geological and diamond drilling work, an entirely separate ore body \Vas located two miles south of the previous workings. The major economic metals in this ore zone are tungsten, bismuth and molybdenite, but many other metals exist as well. As the ore contains a host of different mineral species, it can be seen that considerable time WRS required to develop a practical flow sheet.

Jan 1, 1977

?General Facts:Barrick?sFirst Mine in Peru Production started in November 1998 ?The Facilities:Open Pit, Primary and Secondary Crusher Valley Fill Heap Leach PadMerrill Crowe PlantRefinery Environmental Facts: High Rainfall - Average Annual Precipitation of 1,200 mm (47 inches) Rainfall Events: Common 20mm daily events High Altitude Site - Elevations range from 3900 to 4250m. Steep topography - Terrain ranges from 3:1 slopes up to cliffs. Water Issues: Sediment Control - Open Pit PAG Encapsulation - Waste Dump Stormwater control - Leach Pad Erosion Control Techniques ? Offsite impacts mitigation Social Issues: 11 communities surrounding the property Town of Huaraz

May 1, 2003

By D D. Deacon

A brief description is given of the requirements which No. 4 Shaft has been designed to meet and of the methods by which two-stage winding of rock has been accommodated in a single shaft sunk to a depth of 7,421 ft. This is followed by a consideration of the factors which led to the decision to sink the shaft as rapidly as possible. Introduction T HE No. 4 Shaft of Hartebeest-fontein Gold Mining Company, Ltd., has been sited to serve the deep southern area of the mine, some 1,500 claims in extent, between the elevations of 6,250 and 7,300 ft. below surface. From this area, some two-thirds of the mine production will ultimately be obtained. Above the 6,-250-ft. elevation, an existing shaft hoisting system, situated adjacent to the reduction plant, is of adequate capacity to cater for all ore hoisted to surface for milling. No. 4 Shaft will therefore be required to provide downcast ventilation of 1,000,000 c.f.m., together with surface hoisting facilities for men, material and development rock and underground hoisting

Jan 1, 1965

By P. J. Gron

"The Samatosum Project is a base and precious metal deposit located in south central British Columbia. A dilute ore reserve of 766, 682 tonnes grading an average 1.1% copper, 3.0% zinc, 1.4% lead, 833 gram per tonne silver and 1.6 gram per tonne gold is available. The base metals occur as tetrahedrite, chalcopyrite, sphalerite and galena. Virtually all of the silver and gold are associated with the tetrahedrite.The mill is operated at a rate of 21 tonnes per hour. Sulphur dioxide is used as a zinc depressant in the grinding circuit. Production of a Cu/Pb/Ag concentrate is accomplished by conventional flotation. This concentrate is then separated into Cu-Ag and Pb concentrates through a reverse flotation circuit utilizing sulphur dioxide, starch and sulphuric acid as lead depressants.The tailings from the Cu/Pb/Ag circuit are treated with copper sulphate to activate the zinc. Production of a zinc concentrate is accomplished by conventional flotation. Dewatering of the concentrates to 6% moisture is done with a LAROX filter press.Tailings effluent is treated with lime and sodium sulphide to precipitate out the heavy metals. The resulting sludge is treated in OYNASAND sand filtration units to produce a quality effluent."

Jan 1, 1990

By B. Yu, N. Verbaan, A. Mezei

The recent 20 years witnessed a boom and bust in the nickel laterite industry. Most notoriously is the story of the first three Western Australian nickel laterite projects which all suffered major ramp-up issues. Many hard lessons were learned by the industry and it has been widely reported that the major contributing factors included insufficient testing as well as a limited understanding of the materials handling characteristics at the front-end stage of the flowsheet. This paper compares the current "race to production" in the REE industry to the laterite industry 20 years ago and addresses the fundamental question: ‘Have mining and exploration companies with rare earth projects learned from past lessons and are they doing sufficient and appropriate testwork to prevent failure’? The authors will provide the perspective of a commercial metallurgical laboratory that has gone through the laterite cycle and is active in the present REE cycle.

Jan 1, 2014

By Joe Holmes, Peter Langlois

"Falconbridge’s Raglan Concentrator, located at the northern limit of Quebec’s Nunavik Region, has been in operation since December 1997. Originally designed to process 800,000 tonnes per year of high grade nickel ore, plant capacity is currently approaching 1,000,000 tonnes per year. Optimization of the ABC grinding circuit has proven to be the most challenging component of this capacity increase. Concurrent flotation circuit modifications have allowed concentrate grades to increase from 16 to 18 percent nickel, while maintaining recoveries. Concentrate drying problems encountered during the first 15 months of operation have been addressed through equipment upgrades. The challenges associated with surface deposition of filtered tailings in an arctic environment are now better understood, and detailed design of the progressive reclamation cover is underway.GRINDINGCircuit OverviewOre from open pit and underground mining operations is introduced to the underground ore handling system via surface and underground truck dumps. Two underground bins with a combined capacity of 4000 tonnes provide roughly a day of live capacity for ore storage. Ore from the two bins is conveyed to a 150 tonne surge bin immediately ahead of the grinding circuit in the concentrator.The Raglan grinding circuit has a conventional ABC configuration (Figure 1) with a design capacity of 100 mtph (800,000 tonnes per year). The 24’ AG mill is powered by a 3000 hp motor with variable speed drive. AG discharge is sized on a 8’x16’ single deck vibrating screen, with screen oversize recirculating to a 5 %’ short head cone crusher (400 hp) before returning to the AG mill. Screen undersize is combined with ball mill discharge to feed up to 5 15” Krebs hydrocyclones. The ball mill is a 14’x 21’ overflow mill driven by a 3000 hp motor at 73% critical speed. Target Pgo for the grinding circuit product is 65 microns"

Jan 1, 2001

By Frank Yu, Bob Fukuhara

"The Stillwater mine is a 3,000 tons/day platinum/palladium underground mine and flotation concentrator located in the Beartooth mountain range in south-central Montana. The site elevation is 5,000 feet above sea level providing a climate with pleasant summers and cold winters. The winters are particularly characterized by very strong winds.The mining methods at Stillwater had been variations of overhand cut-and-fill and some blast-hole stoping. Until construction of the paste back-fill plant, mine back-filling was being practiced using classified hydraulic sand-fill methods. Where higher strengths were necessary, cement was added to the hydraulic fill, however, excessive quantities were necessary due to significant losses with the water drainage from the comparatively low-density fill. There was a need for higher strength back-fill with reduced cement content to augment the hydraulic-fill process.In early 1998, Stillwater Mining Co. commissioned AGRA Simons (then H.A. Simons) in a joint venture with The Industrial Company, TIC, to design and construct a treatment facility to re-process the mill flotation tailing, incorporating the following process alternatives:Produce 100 tph of low strength paste with unconfined compressive strength of 25 to 50 psi,Produce 100 tph of high strength paste with unconfined compressive strength of 100 to 125 psi,Direct all of the excess mill tailing to the sand-fill plant,While no paste is being produced, pump all of the mill tailing to the sand-fill plant,While no paste is being produced and the sand-fill silos are full, direct the mill tailing to the tailing pond.The paste backfill plant was therefore to be designed to produce the two different types of backfill paste as well as have the function of being the distribution center for the mill process tailing .Moderate to high slump pastes would be required because of the comparatively long horizontal transport distances, up to 8,000 feet, and the requirement for a low angle of repose to fill the stope evenly without numerous discharge points."

Jan 1, 2000

By Michelia Alba, Ronaldo S. Sampaio, Davi S. Braga, Mathieu Dubé

Climate change is pressuring industries and governments for decarbonization commitments, research, testing, and use of best practices to achieve the target of global warming below 1.5/2 °C. As it accounts for as much as 7% of all global CO2 emissions and 7% of energy consumption, the steel sector needs to address this issue with extended efforts. This paper provides information on the key potential of renewable biochar as an alternative fuel for pellet production. It also summarizes the successful application of biochar in a pioneering case study as the main fuel for a Grate-kiln pellet plant in Brazil, as well as the study of its use to replace coke and anthracite as an additive for iron ore pellets and other possible applications in the steel industry in COREM's precompetitive research & innovation program. The final discussion reveals the large quantity of biochar required by the Brazilian and Quebec scenarios for reducing CO2 emissions of iron ore pelletizing plants.

Jan 1, 2023

By J. A. King, D. A. Knight

"The Porgera orebody is located in mountainous terrain in Enga Province, Papua New Guinea. An underground mine has been developed which produces up to 2000 t/d of ore grading over 2 ozs Au/t. Some 79% of the gold in the ore is free, with the balance in a highly refractory form as sub-microscopic gold evenly disseminated within a pyrite matrix.This paper describes the metallurgical plant that uses flotation and cyanidation circuits to effectively recover the free gold in the ore feed, allowing for wide variation in the gold head grade. The refractory gold component in the ore is stored as leached pyrite flotation concentrate and this concentrate will be later treated by autoclaving techniques to recover the contained gold.The ProiectThe property is located in the Porgera Valley 600 Km North West of Port Moresby. The remote location is 2500 m above sea level. The mine area has 3600 mm of annual rainfall and a temperate climate with temperatures ranging from 10° c to 22° c throughout the year.Alluvial gold was reported in the Porgera area in 1938 and has been an important source of revenue for the area for many years. Intermittent exploration was carried out until the 1960 1 s when Placer (PNG) Pty. Ltd. with Mt. Isa Mines commenced an extensive exploration program. The property was brought to production in 1990 by the Porgera Joint Venture group consisting of Mount Isa Mines Ltd, Rennison Goldfield Consolidated Ltd. and Placer Dome Inc, each with a 30% ownership and the Government of Papua New Guinea with a 10% share. Placer Dome Inc. is the manager of the property with construction under the direction of the Placer Dome Technical Services group."

Jan 1, 1992

By C. Hilgendorf, J. Gingerich, J. R. Boniwell, M. Drouin, D. David on, J. Boldy

The initial discovery of gold in the Eastmain River area, 310 km northeast of Chibougamau, was made by Placer Development Limited in 1970. This discovery resulted from the drill testing of an airborne E .M. Target located in an area of extensive glacial overburden, within an unexplored Archean greens tone belt considered prospective for base metal deposits. Intermittent exploration by another company between 1973-1977 failed to obtain promising results and the existing claims were allowed to lapse. In 1981, Placer reactivated the project and initiated intensive exploration during the next two years which included aerial E .M. surveys, claim staking, ground E .M. and magnetic surveys, geological mapping, diamond drilling and attendant borehole P,E.M. surveys. Beginning in 1983, exploration has been conducted on a joint venture basis with Eldor Resources Limited, The greenstone belt under investigation has an arcuate distribution pattern relative to a centrally located granitic core. Occurrences of gold mineralization defined to date are located to the south of the granite along a strike length of 7 km, and appear to be restricted to the lowermost of two mafic volcanic cycles. This lower cycle is dominated by basaltic flows with subordinate rhyolitic flows and pyroclas ties. Concordant, variably magnetic, massive to talcose ultramafic units occur towards the stratigraphic top of the lower mafic volcanic cycle and appear to crudely define areas considered prospective for gold on a regional bases. Economic interest in centered on a s tratabound, siliceous, sulphide-bearing unit hosted in a 15- 25 metre thick sequence of rhyolite tuffs, basalts and intercalated ultramafics, The siliceous ore bearing unit ( interpreted as a recrystallized chert) contains from 10%-30% pyrrhotite and pyrite with subordinate chalcopyri te and minor sphaleri te. Alteration is characterized by mica development, silicification and carbonatization. Garnets are also occasionally present in close proximity to the ore horizon. The sequence is south facing, and overturned to the northeast at 35°-55°. Explora tory drilling in the vicinity of two conductive targets has been on 100 metre centres along a 1 km strike length of the prospective sequence. To the end of 1983, two ore zones (A and B) have been partially drill tested with estimated indicated and inferred geological reserves of 1 million tonnes grading 11.7 g/t gold , 14.7 g/t silver and 0.26% copper. The system is open at depth. This discovery is the result of the effective integration of geophysics and geology with contributions by many over a long period of time. Key events that can be emphasized are: ( 1) initial area selection of a remote greenstone belt in 1969 - albeit for base metal deposits , (2) utilization of an airborne E .M. system which successfully targeted the A Zone in 1970 , (3) the timely reactivation of the project in 1981 and the subsequent recognition that the original discovery represented a sulphide bearing stratabound horizon with implicit volcanogenic connotations , (4) the intensive effort in 1982-83 deploying aerial and ground geophysics coupled to volcanogenic concepts of ore distribution which resulted in the discovery of the B and C Zones in 1982, and (5) the integration of downhole P . E.M. surveys and geology to successfully delineate ore at increasing depths . To the end of 1983 , $2.6 million has been expended, and it is hoped that continued effort will result in the eventual delineation of an economically viable ore deposit for the joint venture partners .

Jan 1, 1984

By Jay Tuttle

THE spiral stoping method of mining was first seen by the writer at the Granby Consolidated Mining, Smelting & Power Company's Hidden Creek mine, at Anyox, British Columbia. Where the method received its name, or by whom it was named, is a question, but it was employed by the Granby Company at their Phoenix mine, in the Boundary district, B.C., as early as 1901-02 after they had tried unsuccessfully other methods at that large, law-grade property. its adoption there was suggested by two miners, John and Steve Swanson, then working at Phoenix, who had previously been employed in the hard iron-ore mines of Michigan and Wisconsin, where they had learned this system of mining. The method proved successful at Phoenix and also, later, at the Company's Hidden Creek mine at Anyox, where some 40,000,000 tons, or more, of ore was mined in this manner during a period of about thirty-five years.

Jan 1, 1939

By Dave Bulled, Khiratt Husain

"The use of High Pressure Grinding Rolls is gaining significant interest as a replacement for SAG milling in the comminution of hard rock ores because of the potential for reduced costs in terms of energy and grinding ball consumption. Estimation of expected energy consumption for fullscale operations has conventionally involved the testing of a few fairly large samples in pilot scale HPGRs. This paper describes the development of a small-scale batch test method for determining a work index for HPGR of a large number of samples that can be used to show the variability of the ore as an integral part of a geometallurgical approach to circuit design and production forecasting.The test equipment that was developed comprises a hydraulic press with adjustable pressure operating on small batches of ore in a locked cycle test procedure. A work index measurement was determined that links the specific energy consumed in the test to the breakage achieved such that the index can be used to predict comminution energy requirements.The measurements were calibrated against laboratory scale HPGR equipment to develop a model for design and forecasting that includes crushers, HPGRs and ball mills in a complete comminution circuit.INTRODUCTIONEstimation of the expected energy consumption for full-scale HPGR operations has conventionally involved the testing of a few fairly large samples in laboratory and pilot scale machines (Danilkewich, 2006). With the financial input of five mining corporations, SGS Lakefield Research has developed a small scale test capable of providing relevant information on the variability of energy consumption and size reduction from drill core samples. It is our intention that the values measured in the test will be scaled up, through benchmark comparison with pilot sized and full sized HPGR units, to allow plant design and throughput forecast on a block by block basis of the mine plan using a new CEET program. CEET® (an acronym for Comminution Economic Evaluation Tool) is an advanced grinding design and performance predicting tool that uses energy relationships to model the performance of SAG / Ball mill circuits."

Jan 1, 2008

By J. B. Keast

Introduction The last two or three decades have been marked by striking developments in methods of mining and tunnelling. In view .of increased competition and various economic factors, intensive ' mining has been largely practised, and no effort seems to have been spared to increase outputs and lower the cost of production. In metalliferous mining, the compressed-air rock-drill has effected marked savings in this direction, while in coal mining, the coal-cutting machine has revolutionized mining methods and materially contributed to economical working. Yet, for many years, little or no advance was made in methods of handling the rock, or coal, once it had been successfully broken. Loading by hand is, undoubtedly, the most laborious occupation in the whole of mining operations, and it is also the greatest single item that enters into the cost of production. In view of this, the lag of improved handling methods behind the process of winning the rock or coal is rather surprising. The point, however, was appreciated by mining men, and the introduction of various forms of conveyors and loaders is the result. The belt conveyor, the chain conveyor, the shaker conveyor, and the mechanical shovel entered various parts of the field, but it was left to scraping to provide a method of both conveying and loading. From the pure loading point of view, the choice lies between mechanical shovels and scraper loaders. While it is realised that each of these machines has applications peculiar to itself, yet it should be realised that much work which has hitherto been done by mechanical shovels can be done equally effectively with scraper loaders and at a considerable saving both from the point of view of initial outlay and upkeep.

Jan 1, 1933

By D. Bois, P. Poirier, B. Bussière

Environmental desulphurization is an attractive alternative for the management of acid generating tailings. Bulk sulphide flotation is the most commonly used method to produce desulphurized tailings, as shown from many previous works. This process can reduce the volume of problematic tailings to manage by making a sulphide fraction concentrate. The desulphurized tailings can then be used as construction material for an engineered cover to prevent acid mine drainage. In this paper, the results from different laboratory and pilot scale flotation tests are presented. These results confirm that low sulphide non-acid generating tailings can be produced by froth flotation. It is also demonstrated that sulphide concentrates obtained from desulphurization mixed with the appropriate binders can be used as feed material for paste backfill. From previous work on the evaluation of operating and capital costs of the desulphurization process for different ore types, the use of desulphurization as a tailings management approach was studied for several scenarios. The desulphurization process was then compared with other technologies (underwater disposal, engineered soil cover) currently used to prevent acidic drainage (AD) for a new mining operation. Results show that partial or total desulphurization are technically and economically viable options to manage tailings during mine operation. Mine waste managers should consider desulphurization as an efficient technology.

Jan 1, 2005

By Lawrence D. Meinert

Most large skarn deposits are zoned in both space and time relative to associated intrusions. Zonation occurs on scales from kilometers to micrometers, and re?ects in?ltrative ?uid ?ow, wall rock reaction, temperature variations, and ?uid mixing. The most spectacular examples of skarn zonationusually occur at the skarn-marble contact, where transitions between monomineralic bands can be knifesharp. Other small-scale examples occur in zoned veins and individual mineral crystals. Although,visually striking and scienti?cally interesting, in mineral exploration these small-scale variations areless useful than deposit- or district-scale zonation. In most skarn systems there is a general zonationpattern of proximal garnet, distal pyroxene, and vesuvianite (or a pyroxenoid such as wollastonite, bustamite, or rhodonite) at the marble front. As well, individual skarn minerals may display systematic color or compositional variations within the larger zonation pattern. Such patterns are reviewed for 14well-studied examples of Cu, W, Sn, Au, and Zn-Pb skarns. In addition, many deposits have endoskarnor other alteration of the associated intrusion, and recrystallization or other subtle changes have occurred in the surrounding wall rocks. Copper skarns, such as Mines Gaspé in Quebec and Big Gos-san in Irian Jaya, have high ratios of garnet:pyroxene and are zoned outward from the intrusion, to gar-net, to pyroxene, to massive-sul?de replacement and vein deposits. Garnets in Cu skarn are Fe-rich and change from dark red-brown near the intrusive contact to paler brown, green, or yellow in distal loca-tions. Pyroxenes in Cu skarns are pale and diopsidic near the intrusion, and become darker and more Fe- and Mn-rich away from the intrusion. Tungsten skarns, such as Salau and Costabonne in France and Pine Creek and Garnet Dike in California, have intermediate ratios of garnet: pyroxene, are more extensive vertically and along strike than perpendicular to the intrusive contact, and have zonation pat-terns commonly complicated by overprinting of metamorphic lithologies. In W skarns, garnet is com-monly subcalcic and the pyroxene is Fe-rich, re?ecting particularly reducing wall rocks or great depth of formation. Tin skarns, such as Dachang in China and Moina in Australia, also can have subcalcicgarnet and Fe-rich pyroxene, but this reduced mineral assemblage typically is due to an association with reduced S-type granites. Tin skarns differ from most other skarn types in having a late greisens stage that may replace earlier Sn-bearing calc-silicate minerals, thus liberating Sn to form cassiterite.Many high-grade Au skarns, such as Hedley in British Columbia and Fortitude in Nevada, have low ratios of garnet: pyroxene and are associated both with reduced plutons and reduced wall rocks. Gold-rich zones occur in Fe-rich, pyroxene-dominant, distal skarn. Zn-Pb skarns, such as the Yeonhwa-Ulchin district in Korea and Groundhog in New Mexico, have low ratios of garnet: pyroxene and generally form distal to associated intrusions. These skarns also are zoned from proximal garnet to distal pyroxene and pyroxenoid (bustamite-rhodonite), with signi?cant zones of massive sul?des within and beyond skarn. Manganese enrichment of most mineral phases, particularly pyroxene, is characteristic of distal zones. Fundamental controls on skarn zonation include temperature, depth of formation, composition and oxidation state of associated plutons and wall rocks, and tectonic setting. Most W skarns form at relatively great depth, 5 km to 20 km, with extensive high-temperature metamorphic and meta-somatic mineral assemblages. In contrast, most other skarn types are relatively shallow, <10 km and mostly <5 km, with limited, lower temperature metamorphic aureoles. Differences in oxidation state correlate well with different skarn zonation patterns, particularly garnet: pyroxene ratios and compositions, and can be used in both classi?cation of and exploration for skarn deposits

Jan 1, 1997

By M. W. Lewis

A mine&apos;s inherent capacity is dictated by factors such as equipment, design, people, processes, and environment. Actual production may approach, but never surpass, the inherent capacity limit. The inherent capacity ceiling can only be increased through re-engineering. Autonomous haulage systems have the potential to significantly increase a mine &rsquo;s inherent and realized capacity. Realized capacity may be maximized through the optimization of soft factors such as the processes, behaviours, and organizational systems, controlling asset utilization, availability, and performance. Truck shovel dispatching systems revolutionized the utilization of mobile assets. High-precision global positioning systems (HP-GPS) are increasingly being adopted to optimize equipment performance. Real-time maintenance management systems have the potential to revolutionize equipment availability and significantly reduce cash costs. This paper explores some of the solutions available to mines to increase their inherent capacity and maximize their realized capacity.

Jan 1, 2004

By M. W. Lewis, B. Sambirsky, J. Werner

A mine’s inherent capacity is dictated by factors such as equipment, design, people, processes, and environment. Actual production may approach, but never surpass, the inherent capacity limit. The inherent capacity ceiling can only be increased through re-engineering. Autonomous haulage systems have the potential to significantly increase a mine’s inherent and realized capacity. Realized capacity may be maximized through the optimization of soft factors such as the processes, behaviours, and organizational systems, controlling asset utilization, availability, and performance. Truck shovel dispatching systems revolutionized the utilization of mobile assets. High-precision global positioning systems (HP-GPS) are increasingly being adopted to optimize equipment performance. Real-time maintenance management systems have the potential to revolutionize equipment availability and significantly reduce cash costs. This paper explores some of the solutions available to mines to increase their inherent capacity and maximize their realized capacity.

Jan 1, 2004

By R. A. Leveille, M. D. Doggett

"Economic returns for the copper industry have been assessed by building cash flow models for each of the 100 new mines brought into production over the past 20 years. Ninety-one of the 100 new mines returned the assumed 8% cost of capital and generated a positive net present value (NPV) at the development decision point. Economic criteria for individual mines are highly variable with NPV ranging from -$111 million (-$111M) to +$3850M (all money values are presented in United States dollars) and internal rate of return (IRR) ranging from -8% to +95%. The copper industry collectively would generate approximately $39 billion dollars in NPV through the development of the 100 new mines.The returns to exploration ($174M per deposit) were measured by deducting the cost of exploration per deposit ($221M) from the returns to development per deposit ($395M). Overall, the copper business has provided positive returns to exploration. However, the variability in returns across deposits means that only 41 of the 100 new mines can carry the average cost of exploration. The long lead times and high costs associated with exploration result in only those deposits with large amounts of contained copper being able to cover the average finding cost of the industry.The returns to development and exploration are shown to be highly sensitive to the cost of capital and metal price assumptions. With respect to deposit type, porphyry deposits are both larger (NPV) and exhibit lower profitability (IRR) than the nonporphyry deposits. On a geographic basis, returns to development and exploration are higher in Chile than elsewhere, reflecting the larger average deposit size and lower average exploration cost per deposit."

Jan 1, 2009