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By C. R. Lattanzi, M. J. Davie, L. D. Smith, J. R. Goode

"The feasibility study determines the technical and economic viability of a project at the level of accuracy required by the owner to make an investment decision. The economic analysis usually includes calculation of the discounted cash flow. Key components of the cash flow include the project capital cost, the operating costs, construction schedule, production rate, product prices and financial details.This paper examines the feasibility study for a typical mining project. The paper discusses acceptable methods for the determination of the geological and mineable are reserves. The prerequisites for the development of suitable designs, and the calculation of capital and operating costs for the mine, processing plant, and infrastructure are reviewed. Important features of the cash flow analysis and its interpretation are presented.IntroductionThe commercial development of a mineral deposit invariably requires the investment of capital in preparing the deposit for production. It has always been necessary, therefore, to demonstrate to the investor of capital that production of a saleable commodity is both technically feasible and economically viable. The instrument typically used to make these determinations is the feasibility study .Traditionally, mining companies have been rather conservative in their approach to financial management. Until about thirty years ago, the capital required to develop a new mine was most frequently provided by internal corporate cash now and virtually all of the necessary technical and economic studies were performed 'in house'. Under these circumstances, there was little standardization as to what constituted an acceptable feasibility study, and even less as to what constituted an acceptable measure of economic viability."

Jan 1, 1991

By S. Khoshkhooei

In this research, the effects of rare earth elements addition on thermal fatigue behaviors of AZ91 alloy were studied. Repeated heating and cooling cycles were applied on the samples at 170°C and 210 °C to develop thermal fatigue cracks, Crack growth mechanisms and microstructural influences were investigated by optical and scanning electron microscopy (SEM) as well as energy dispersive X-ray spectroscopy (EDS), Thermal fatigue behaviors were improved successively by addition of up to 2-wt% RE, This improvement is attributed to consummation of the aluminum of the melt by precipitation of the needle shape Al 11 RE3 phases, This process reduces the volume of Mg17Al12 phases and consequently decreases the brittle Mg/Mg17Al12 interfaces which are the main reason of weak thermal properties of the alloy at rather high temperatures, Further additions of RE, however, reduced the thermal shock resistance of samples by increasing in the mean length of the brittle needle shape phases.

Jan 1, 2005

By A. Fahr, T. Byczkowski, M. Genest, C. Mandache

"Layered aluminum structures assembled with rivets are often found in aircraft fuselage. These structures are exposed to various mechanical loads and a range of environmental conditions that contribute to their ""aging"". The rivet holes are the source of stress concentrations and the location of crack nucleation and growth. Detection and sizing of second and third layer cracks under fasteners represent a major challenge for non-destructive evaluation (NDE) technicians. Electromagnetic methods are currently the most feasible NDE techniques that are capable of successfully inspecting such structures. However, different probe lift-offs, due to protruding rivets and paint coatings, or interlayer separations, due to sealant or air gaps, pose difficulties in detecting and sizing cracks. In addition, the use of conventional eddy current technique is limited due to the inverse relationship between the probe spatial resolution and its field penetrability. In this paper, we present an alternative approach that overcomes the previously mentioned shortcomings by using pulsed eddy current excitation and magnetoresistive sensor pick-up. Various signal manipulations are employed for defect detection and quantification."

Jan 1, 2006

By Michel Carreau

Presentation topic Introduction to Renewable Power in Remote Mining Industry Trend What are the Challenges and How to address them Acceptability (Management Buy-in) ? RP not core business to mining company Significant upfront costs Project Risks - Technological and Delivery Wind and solar power variability Operating hybrid power (Operator Buy-in) Conclusion Introduction ? RP at Remote Mining Sites Mining Project Cost Energy represents 25% of mining project CAPEX Energy represents 25% of OPEX Diesel, HFO, ? cost : 30+ cents/kWh RP - Proven technology - Excellent track record ?Wind (20 years), Solar PV (10+ years)? Hundreds of GW installed ?Reliable, High availability, very small OPEX. ?Wind/Solar cost : 15 to 22 cents/kWh (with good resource) ?Potential 10% to 20% Reduction in net cost of energy ?Price certainty for 20 to 25 years

May 1, 2013

By J. Gogal

Cameco's Cigar Lake Operation (CLO) started commercial uranium ore production in 2015. Initial mining was focused in areas of the ore body with relatively low concentrations of elements of concern (EOCs). As mining progressed into areas of the ore body that were richer in EOCs, some statistically significant behavior of certain analytes was noted in the water treatment circuits. It was ultimately found that the CLO ore body natively hosts numerous alkyl arsine compounds in addition to inorganic arsenide minerals. The alkyl arsines were found to be recalcitrant to typical adsorption on ferrihydrite, with the degree of recalcitrance associated with the degree of alkylation. A number of changes to the process circuits and water balance were performed and planned in order to inhibit the transport of alkyl arsines from the ore stream into the process water stream, and to optimize the overall site water usage. In some instances, the interactions of equipment in conjoined circuits of the process had controlling effects on the behavior of the overall circuit. Work continues to iterate upon the capital design features in order to further tighten the water balance, and to optimize water usage and operating costs.

Jan 1, 2020

By M. Sagedahl

The off gas from a smelter is cooled and dust removed in an electrostatic precipitator before approximately 95% of the sulphur dioxide (S02) is converted to sulfuric acid. However, the tail gas may need to be polished to remove the rest S02 to meet demands. A flue gas desulphurization (FGD) system, as usually applied to S02 removal on coal and oil fired Power Station, is suitable for polishing tail gases from copper smelters. The ALSTOM Seawater FGD process makes use of the alkalinity in the seawater to absorb and neutralize S02. Before being returned to the sea, the seawater is treated to comply with environmental regulations. As the ALSTOM Seawater FGD process uses no reagent and produces no byproduct, it is extremely cost-effective for coastal installations. The first SWFGD plant started operation in 1968. Over 60 of these units have been installed worldwide. The ALSTOM Seawater FGD process removes S02 from flue gas flows corresponding to a total of 70,000,000 Nm3 /h. Suitable for thermal power stations, smelters and oil refineries, ALSTOM Seawater FGD plants efficiently treats flue gases in the range of 300,000 Nm3/h to 2, 700,000 Nm3 /h per FGD plant, containing 20 - 6,500 ppm of S02.

Jan 1, 2007

By Lawrence Devon Smith

The selection of the production rate is one of the most crucial decisions to be made in the development of a mineral property. However, it is not uncommon for the production rate to be decided arbitrarily, before any technical evaluations begin, and it is often not reconsidered when better data becomes available. A number of methods are used in the mineral industry to select the production rate for a project. There is general agreement that the size of the ore reserve has a strong influence on this decision, but what other factors are involved? Is there a way to identify an optimum rate? This paper examines the factors that influence the selection of a production rate from the perspective of project economics. The NPV maximum value should be viewed as a “failure” point. The “two times capital” maximum is proposed as a lower limit. A practical check is suggested to confirm that a selected rate is in an optimum range. Production rate assumptions are much more likely to be reviewed for marginal projects, but they should also be reviewed for viable projects.

Jan 1, 1997

By Lorne Sivertson, Peter Kitrredge

"World metallurgical coal imports totalled 110million tonnes in 1978. Of this amount, Japan imported 50 million tonnes, making it by far the largest and most important coking coal market . British Columbia and Alberta exported 12.0 million tonnes of coking coal in 1978, or 11% of the world total. Virtually all of these exports were directed to Japan, making up 22% of total imports.Some observers have suggested that because Japan is almost the exclusive buyer of British Columbia and Alberta metallurgical coal, the benefits of the coal trade may be primarily on the side of the powerful Japanese buyers. Buttressing this suspicion is the fact that Japanese trading companies have taken substantial equity positions in B.C. coal mines, thus presenting the possibility of non-arms-Iength transfer arrangements. There is then at least some evidence to support the hypothesis that Canada's western coal producers receive prices that are less than would prevail in a more competitive market; that is, that they are exploited.This paper produces evidence that Canada's coals are not underpriced in respect to U.S. and world markets. The conclusion is drawn that British Columbia and Alberta metallurgical coals receive prices that are equal to prices known to be competitively determined. This conclusion follows an in-depth analysis of prices, coal qualities and the economic characteristics of all major coals traded in the Japanese market. A by-product of the analysis is an equation capable of predicting the value of any metallurgical coal sold to Japanese buyers, or, for that matter, any buyer. Hopefully, this can be of some use to coal producers in developing their marketing strategies."

Jan 1, 1980

By V. ?. Chanturiya, I. Zh. Bunin, M. V. Ryazantseva

"Surface changes in naturally occurring metal sulfides (pyrite, arsenopyrite, sphalerite, chalcopyrite, galena, and molybdenite) due to treatments from high-power electromagnetic pulses (HPEMP) at varying times were studied using X-ray photoelectron spectroscopy. Analysis of the obtained results revealed common patterns and differences in surface transformations. The transformations were found to include two main stages. The first stage was observed at low treatment intensities (up to n ~103 pulses). At this stage, formation and accumulation in the surface layer of the nonstoichiometric sulfide phase, oxides and hydroxides, as well as elemental (polysulfide) sulfur and/or metastable sulfur species (thiosulfate, sulfite) was observed. The second stage (N = 3·103 pulses) is characterized by thermal removal of sulfur species and renewal of the mineral surface (sulfidization).It was found that the chemical changes of the sulfur on the surface layer of pyrite, arsenopyrite, chalcopyrite included accumulation/formation of S0 (Sn 2-) at the first stage of the transformation, followed by its removal. An increase in the surface concentration of elemental sulfur for pyrite and chalcopyrite was 10–12% while arsenopyrite was approximately 5%. A more complicated chemical change was observed for sphalerite and galena, that included formation/accumulation of metastable sulfur species (thiosulfate, sulfate) at the initial stage (up to 103 pulses) and during longer treatment times, the sulphur is reduced back to its initial state (sulfide or disulfide). The increased concentration of S0 sulfur, compared to the original sample, was only 3% in galena and sphalerite.The application of HPEMP treatment to improve flotation selectivity is supported by singlemineral flotation tests. Changes in flotability as a result of HPEMP treatment are principally explained by surface phase changes that resulted in higher adsorption activity."

Jan 1, 2016

By Robert B. Parsons

"This article addresses the relationship between mine evaluation, the tax system, and economic risk. It is based on a paper presented by the author at recent seminars in Moscow and Tashkent on the subject of mine evaluation.IntroductionTaxation can have a strong influence on the feasibility of a mining project. For the most part, because metal prices are determined on a global basis, the mining concern is not able to pass on to its customers any portion of taxes which the concern has to pay. Taxes are a direct charge against the project. The purpose of the article is to highlight the various ways whereby different taxes can affect the financial viability of a mining operation.The first part of the paper identifies different forms of taxation, and the second part of the paper addresses the different forms of taxation in terms of risk analysis and impacts on the mining project. Finally, the third part of the paper makes brief mention of using the taxation system to provide incentives with respect to investment in mining activities."

Jan 1, 1993

By Somasundaran P., M. Vasudevan, Z. Dai, D. R. Nagaraj, T. Bhambani, P. Patra

Historically, efficient beneficiation of ultramafic ores has been challenging, partly due to a lack of clear scientific understanding of the effects of Mg silicates, particularly fibrous serpentines, on selective Ni recovery. Recent research at Columbia-Cytec as a part of a Vale JDP project has led to new insights into the mechanistic aspects of the adverse effects of Mg silicates. Our research has provided strong evidence to support the hypothesis that the adverse effects of Mg silicates are mediated through their large influence on pulp rheological properties, far more than any other pathway. The severity of the effect of Mg silicates is predominantly dependent on the aspect ratios of Mg silicates. For example, the pulp viscosity increases dramatically with increase in the fibrous nature of the gangue mineral leading to poor Ni separation. Various ways by which the suspension rheology affects flotation sub-processes, with implications for remedy are discussed. The insights and results have served to develop (or construct) a phenomenological model to adequately explain all of the ore flotation data, particularly the Mg silicate transport to the froth phase and the concentrate.

Jan 1, 2011

By William Ferguson, Claude Deveau, Wade Hazel, Stephen R. Young, Allen Lussier, Robert Copeland

"LocationSometimes known as the Bernie Lake mine, the mine is located about 180 km east-northeast of Winnipeg on the northwestern shore of Bernie Lake, close to the Nopiming Provincial Park and the Manitoba-Ontario boundary. The mine is accessed from Lac du Bonnet which is linked to the provincial road system.Brief Description of OperationTantalum Mining Corporation of Canada Ltd. operates an underground mine employing ramp access, room and pillar mining, and shaft hoisting for the production of tantalum, lithium and cesium minerals. Daily campaigned crushing of the tantalum and lithium ores supply separate concentration circuits. Tantalum recovery employs conventional gravity equipment together with recently developed centrifugal concentration methods. All tantalum concentrates go to Cabot Performance Materials for the production of tantalum chemicals and metal. Lithium minerals are recovered using heavy medium separation and silicate flotation to produce spodumene and montebrasite/amblygonite concentrates. The lithium concentrates are shipped worldwide for use in ceramics, specialty glass and mold powders. Cesium processing involves the dry grinding of pollucite as feed stock for the recently built on-site chemical plant dedicated to tl1e production of cesium formate, a high-density drilling fluid for use in the oil industry."

Jan 1, 2000

By Derek Apela, Coralee Heske, Bunyamin Kahraman, Muhammad Adi

Effective blast fragmentation is essential in underground mining, as it directly influences downstream processing efficiency and operational expenses. This study investigates the application of Non-Newtonian Fluids (NNF) as stemming materials, presenting a novel method to enhance energy confinement, minimize environmental impact, and optimize blast performance. NNFs exhibit shear-thickening behaviour, enabling them to transition between fluid-like and solid-like states under stress, which renders them suitable for regulating explosive gas ejection during blasting. Field trials were performed by Vale Base Metals in Thompson, Manitoba, in their underground nickel mine to evaluate conventional slag stemming against NNF-based stemming in production-scale blasts. Emulsion explosives were employed, and blast performance was assessed through velocity of detonation (VOD) measurements, vibration monitoring, and AI-assisted fragmentation analysis using WipFrag. Preliminary results indicate that NNF stemming improves fragmentation, resulting in a reduction of D50 by as much as 38%, enhances energy confinement, and may decrease the incidence of hole plugging and re-drilling in subsequent blasts. This study presents an alternative to conventional stemming methods, highlighting potential advantages for enhanced safety, efficiency, and sustainability in blasting operations. Additional research and field trials are necessary to improve implementation protocols and facilitate the widespread adoption of this unique method in the mining sector.

May 4, 2025

By Dallas W. Davis

Twin - Kennecott Deal Announced April 15, 2004 ! Kennecott earns 56% interest, if in 4 years, spends C$10 million and recovers at least 200 cts of +1 mm diamonds in all dimensions from any contiguous body ! Earn-in can take up to 6 years, but incurs stepped reduction of interest from 56% to 46% or 0% if $C10 and 200 carats not achieved ! By funding all costs through feasibility study, Kennecott earns 71% in 7 years, or, stepped reduction to 62% if completed after 8 years ! By achieving production within 10 years and funding Twin?s share of development and construction costs, Kennecott earns further 4% ! If no election to develop a mine within 2 years of feasibility study completion, Twin may present development proposal which Kennecott has 60 days to elect to follow or transfer management to Twin and dilute to 49% ! Each party has one time right to elect to market its diamond share ! On signing and annually, Kennecott will purchase $C250,000 of Twin shares at 130% of then prevailing market price until achieved earn-in

May 1, 2004

By E. Onal

Mining operators are faced with complex information delivered by technology-centric rather than user-centric systems. The ability to achieve high situation awareness (SA) in the face of this data overload is a key challenge for effective decision making and information exploitation. Incidents that result in loss of revenue and even life, and compromise safety that are attributed to human error are often the result of system designs that overload human cognitive capabilities. This paper focuses on defining SA as it relates to mining operations and presents methods for improving SA through a scientific approach for electric shovel operator user interface development.

Aug 1, 2013

By J. W. M. Porritt, M. P. Brameld, R. H. McCorkell

"Soil-gas Rn was measured by two types of alpha-particle-track detectors, by emanometry and by counting alpha-activity on Rn-decay-product collectors. Soil samples were analyzed for V by fluorimetric and fission-track methods, their Rn-emanation by decay-product collectors and their total alpha activities with track detectors. The same uranium anomalies were revealed by each method. Fission-track analysis of leaves for V showed only random variations with sampling site, and the Rn emanation of trees and leaves removed from them was barely detectable . The agreement among the other methods is significant, total alpha and collector methods are simple, rapid and useful, and a combination of methods at a site would reveal disequilibrium in the U-decay series if present. Track-Rn measurements are highly reproducible and insensitive to apparatus design and their sensitivity is not enhanced by covering the detectors with thin foil or placing them in large containers.IntroductionIn the past two years , a number of methods of geochemical exploration for uranium have been tested by the authors over the known copper-uranium occurrence at South March, Ontario. This was done partly to compare methods and partly to develop and test new ones. The South march deposit has been described a number of times by others(1,2,3,4). The methods included in this study were the following.Emanometry, Radon in soil gas is measured by pumping the gas into the cell of a scintillation counter or emanometer(5,6). Alpha particles from radon (222Rn) and its decay products (218Po and 214Po) produce scintillations of light in the silver-activated zinc sunphide (ZnS(Ag) covering the walls of the cell. These are counted by a photomultiplier tube and scaler, the count ra sulphide (ZnS(Ag) covering the walls of the cell. These are counted by a photomultiplier tube and scaler, the count rate being proportional to the concentration of radon in the soil gas."

Jan 1, 1981

By W. J. Przybylowicz, V. M. Prozesky, D. de Bruin

"The common style of gold mineralization in the Basal Reef and other auriferous conglomerates of the Witwatersrand Supergroup comprises clusters of gold grains occurring interstitially to quartz and pyrite pebbles as well as gold accumulations attached to the surface of and infilling hairline cracks and fractures in round, compact, detrital pyrite. The latter textural association is generally interpreted as a result of remobilization of originally detrital gold during regional metamorphism and related hydrothermal fluid circulation. There is general agreement that, although gold solubility was low, ore modification occurred during the metahydrothermal event, but uncertainty exists about the magnitude and scale of gold remobilization.Micro-textural and chemical investigation of compact round pyrite and associated gold accumulation has established that gold is preferentially deposited on chemically heterogeneous pyrite surfaces. Combinations of alternating high- and low-As zones in pyrite result in mixed np-type conductivity accompanied by electron exchange and the reduction-driven deposition of gold at the cathode. This model does not explain gold accumulations which are not immediately linked to chemical heterogeneities and it is inferred that an additional control on the deposition of gold was exerted by physical defects which lead to zones of increased charge density and/or areas of focussed conductivity. The inferred precipitation mechanisms suggest that submicrocopic physical and chemical controls are the important factors that determined the sites of gold nucleation and that precipitation mechanisms based on physicochemical changes of the hydrothermal system were not involved. The Basal Reef contains on average close to 5OJo of round, detrital, chemically zoned pyrite which provides a large number of electrochemically active pyrite surfaces. The extremely effective electrochemical precipi- . tation mechanism together with the low solubility of gold in Witwatersrand fluids is the main reason for the spatially restricted remobilization of gold in the conglomerate reefs."

Jan 1, 1994

By M. A. Cawley, J. W. Jordan

"IntroductionTHE ORE PILLARS in the lower ""A"" ore body of Waite Amulet Mines, Limited, can be divided into two groups, those mined in the open by sub-level blast-hole methods, and those to be mined .against coarse rock fill. Of the three pillars in the last group one has been mined and is dealt with in this paper. The method of mining pillars against coarse rock fill was suggested by the late Dr. Oliver Hall, who was Consulting Engineer for the Company when recovery of No. 2 East pillar was being planned.HistoryThe Waite Amulet mine is in northwestern Quebec, nine miles north of the town of Noranda. The property is approximately three miles long by one mile wide. The present Company, which was formed by the amalgamation of Amulet Mines, Limited, and Waite Ackerman-Montgomery Mines, Limited, commenced operations in the summer of 1937. In the fall of 1939 a new .flotation mill was erected with a capacity of 1,200 tons per day, which was increased to 1,800 tons per day in 1943. The mill is presently operated at 1,400 tons per day.To date, seven orebodies have been found, the major ones being Lower A, East Waite, and Waite. Three separate concentrates are produced, copper, zinc, and pyrite. Total tonnage mined to the end of 1954 from all orebodies has been 7,340,000 tons, which averaged 4.6 per cent copper, 5.3 per cent zinc, and 0.037 oz. gold and 1.27 oz. silver per ton."

Jan 1, 1955

By M. Sugamata

Creep tests were carried out for friction welded joints of AZ31 magnesium alloy rods under an ambient atmosphere at temperatures between 423 and 573K. Tensile tests were also performed at temperature from room to 573K. The obtained results were compared with those of the base metal. AZ31 extruded rods of 19 mm in diameter were joined by brake type friction welding machine. Creep and tensile specimens were machined out of the welded rods. The tensile strength of the joints was almost the same as that of the base metal at room temperature. However, joint efficiencies of welded joints were about 92% at above 373K. The elongation of welded joints was lower than those of base metal. The welded joints showed appreciably higher minimum creep rate and shorter rupture time than the base metal at all the tested temperatures and initial creep stresses. Creep and tensile rupture of the joints always occurred at near the weld interface. Thus, friction welded joints of AZ31 alloy showed lower creep and tensile strength than the base metal at elevated temperature.

Jan 1, 2006

By A. D. Pittuck

Refractory minerals .containing uranium and columbium have been successfully treated at Queen's University, Kingston, to produce high-grade concentrates. Recoveries of over 90 per cent of the uranium and columbium have been obtained when treating concentrates containing euxenite, fergusonite, betafite, and pyrochlore. The processes ?consisted -of leaching the columbium with hydrofluoric acid, and the uranium with nitric acid, sulphuric acid, or sodium carbonate solutions. The leach liquors were extracted with organic solvents from which the values were stripped and precipitated, producing final products assaying 45 to 55 per cent Ob2O5 and 60 to 70 per cent U3Os.

Jan 1, 1958