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By Armine F. Banfield

The Purpose of the Paper It is fitting that the first paper of a session on the Financial Aspects of Mining should be on the basic data upon which any financial discussion of a mining project must be based. The history of a mining project starts with exploration in an area considered geologically favorable for mineralization and culminates in the discovery of a body of valuable mineral material commonly known as a mineral deposit. Subsequently more detailed exploration establishes the approximate size, shape, tonnage and average grade of the deposit by surface and/or underground drilling, -surface trenching and/or underground workings. Some preliminary metallurgical testing and other studies, as required, are made at this time. Development work is then carried out to provide representative samples for determining flowsheet and metallurgical balances, preparing the deposit for production and establishing more firmly the grade and mining characteristics of the deposit. A feasibility study is then made of the engineering aspects of the project including the estimation of operating coats, the capital required to place the deposit into production, profit and return on investment. A valuation of the deposit

Jan 1, 1972

By Theodore H. Eyde

In 1971, the Minerals Division of The Superior Oil Company acquired exploration rights to an unpatented claim group in the Superior (Pioneer), Arizona mining district, lying west of the Concentrator fault. This major post-mineral fault displaces the Magma vein-fault, which is mined in the Magma Mine at Superior, Arizona. The Magma vein-fault and the enclosing section of pre-mineral rocks consisting of Paleozoic and younger Precambrian sediments and diabase, is overlain by a thick section of post-mineral rocks, consisting of the Gila conglomerate, the Apache Leap dacite, and the Whitetail conglomerate. Geologic information on the thickness and attitudes of the rocks obtained from previous diamond drilling indicated that the section of post-mineral rocks might be from 3,000 to over 4,010 feet thick in the target area. (Figure 1) The Magma vein-fault is a steeply dipping vein which has produced nearly a billion dollars of copper, zinc, silver, and gold. It has been mined continuously for nearly 10,000 feet along the strike and nearly 5,000, feet vertically down the dip. It ranges from less than a foot to over 50 feet wide and contains sulfide mineralization con¬sisting of pyrite, chalcopyrite, bornite, and chalcocite.

Jan 1, 1973

By D. Zim

Mining activity in South America is a growing enterprise. One of difficulties found in many areas of the South American continent, especially in north Chile and south Peru, is the shortage of water supply. In order to overcome this difficulty some mining companies proposed to transport the water from Pacific Ocean up to the mountains. This can be accomplished by the use of stainless steel pipelines, but this is a cost prohibitive solution and is also subject to severe pitting corrosion in a saline environment. The use of mild steel may be a lower cost solution than stainless steel as the material of construction for pipelines but it is subject to corrosion anyway. The corrosion in this case can be internal or external corrosion although cathodic protection as well preventive maintenance usually is enough to mitigate external corrosion without the need to shut down the pipeline. The same is not true about the prevention of internal corrosion. It is not practical, sometimes not even possible, shutdown a pipeline to carry out an inspection and fix sections where potential failures are detected. It is possible avoid corrosion caused by sea water within the mild steel pipelines by applying a proper chemical program designed to virtually eliminate dissolved oxygen in the water commonly called deaeration.1 This type of treatment obviously involves additional capital investment since it requires the construction of one deaerator with the first pumping station and additional equipment at each point where the water can come into contact with oxygen. Deaerators will increase operational costs and subsequent injection of chemicals will be required in the case of multiple degasification facilities thus increasing the consumption of chemicals. grams based on oxygen scavengers, the objective of the present study is to develop a new water treatment capable of preventing mild steel corrosion in aerated sea water. The new treatment must be able to prevent both generalized and localized (pitting) corrosion and overcome the necessity to construct and operate deaerators.

Feb 23, 2014

By Martin H. Stanczyk

In recent, years the demand and consumption of finely ground industrial minerals has substantially increased for such uses as fillers and chemically reactive components. The size, specifications for these types of industrial mineral materials vary to a great extent and depend on the particular end purpose' and on the physical properties of the mineral itself. Size reduction of industrial minerals usually is obtained by conventional crushing and grinding methods. However, some specialized milling techniques have been developed for producing these minerals in extremely fine particle size ranges. During recent years the Bureau of Mines has been investigating an attrition grinding method to produce ultrafine subsieve-size mineral particles. The Bureau developed process, which has been patented,2 comprises the intense agitation of a slurry composed of the material to be ground, a relatively fine granular grinding medium, and a suspending fluid. The process has been shown to be effective for the comminution of kaolin in the particle size range of 2 microns and finer on a batch3 and continuous basis.4,5 This report presents the results of batch tests made to determine the effectiveness of the attrition grinding process for comminuting commercial products of (1) mica, a tough lamellar material, (2) fluorite, a brittle intermediately hard material, and (3) barite, a relatively soft, massive material.

Jan 1, 1967

By G. Deschênes

Silver minerals are known to have slow leaching rates and low overall extraction and require a high concentration of cyanide and a long retention time to maximize leach extraction. Their response to cyanidation is considered mild to moderately refractory, largely due to complex mineralogical compositions. New research on improving the dissolution of silver minerals in cyanide was performed using high-purity minerals, as well as a high-grade ore sample from the Kupol property, owned 75% by Kinross Gold. The high-purity silver minerals studied in the leach investigations included acanthite, stephanite and pyrargyrite, which were also the predominant silver minerals in the Kupol ore sample. Dissolution of silver from acanthite produced only 37% extraction in 48 hours of leaching with 500 ppm NaCN. Analysis of the leached acanthite surface showed appreciable formation of polysulfide species, which can interfere with silver leaching. Adding lead nitrate into a pretreatment stage increased the acanthite silver extraction to 86.2%. No polysulfide species were formed with the addition of lead nitrate from the surface analysis. Cyanidation of stephanite and pyrargyrite produced very low dissolutions of silver, only 12.6% and 10.4%, respectively, in the absence of lead nitrate. Silver extraction from stephanite improved to 98% by adding lead nitrate directly to the leaching stage, whereas pyrargyrite required a pretreatment with lead nitrate to extract 83.2% Ag. With the addition of lead nitrate, the mineral surfaces had a PbO species and minor amounts of Pb(OH)2 and antimony was oxidized on the stephanite and pyrargyrite surfaces during leaching. There was a much greater concentration of Sb(V) on stephanite relative to pyrargyrite. Therefore, lead forms a redox couple on silver mineral grains and favors the oxidation of silver minerals. The high-grade Kupol sample assayed 22.6 g/t Au and 359.3 g/t Ag following treatment by gravity separation. Gold and silver extractions from the Kupol sample were 94.5% and 82.9%, respectively, using 500 ppm NaCN and 250 g/t lead nitrate. The findings to improve the extraction of silver from the ore sample with lead nitrate addition were congruent with those to improve the extraction of silver from the individual high purity minerals. Pretreatment did not, however, improve gold or silver extraction significantly with the ore sample.

Jan 1, 2011

By K. T. Brashear, N. Ripepi

"Over recent years, specifically following the MINER Act of 2006, an increasing number of manufacturers of underground mine seals in the United States have begun using a form of pumpable cement or shotcrete to create barriers separating the working and abandoned sections of underground coal mines. This seal material, while generally considered to be homogenous and solid, contains a network of microcracks, voids, and delaminations. Generally, it has been assumed that methane (CF4) leakage around these seals is a result of movement around the boundary interface between the seal and surrounding strata. Using a perfluorinated tracer compound, perfluoromethyl-cyclohexane (PMCH), the movement of gases can be monitored through seal material to observe how gases move though the material, both intact and with faulting in the material. This paper documents two large experiments where the movement of PMCH was monitored in the field, along with modeling confirmation using 3D visualization software. INTRODUCTION According to a report in 2007, there were over 14,000 active mine seals in underground U.S. coal mines alone (Zipf, Sapko, & Brune, 2007). These seals are used for both ventilation and safety purposes, to direct the flow of air away from the abandoned area of the mine and to help eliminate the propagation of explosions that can occur on the outby side of the mine seal. The atmosphere on the outby side of these seals typical consists of low levels of methane that have the potential of producing leakage along the face of the seal on the inby side. Methane leakage around mine seals has historically been attributed to the permeability between the seal and mine interface (McPherson, 1993). According to the United States Bureau of Labor Statistics (BLS) between 2003 and 2012 an average of 17 deaths occurred annually in underground bituminous coals mines. The only time during the ten-year period where the fatalities were higher than the average was in 2006 and 2010, years which had three major explosions occurring in underground coal mines in West Virginia and Kentucky. Two of the explosions were propagated through the mine by seal failure or methane leakage around newly poured seals (Light, et al., 2007) (Gates, et al., 2006). These recent events, and new regulations regarding seal strength (MINER Act), have created a need to monitor the condition of underground mine seals. BACKGROUND Measuring the permeability of solid materials, such as concrete or seal materials, can be a valuable tool in the field of non-destructible testing (NDT). By using an inert gas, such as nitrogen, injecting the gas into a solid structure, and measuring the resultant flow rate and pressure differential, this can provide valuable information about the structure. Studies have shown permeability can be affected by the stresses applied to the structure, as well as temperature and moisture (Choinska, Khelidj, Chatzigeorgious, & Pijaudier-Cabot, 2007) (Abbas, Carcasses, & Olliver, 1999)."

Jan 1, 2015

Micro-computers have made it practical to install a high-speed acquisition system to collect data from a longwall face in near real-time. By simultaneous data analyses using neural networks and fuzzy sets, information regarding longwall mining performance and underground behavior can be provided and forecasting longwall instability and detecting geological anomalies is feasible. This paper presents details of the application of neural networks and fuzzy sets in developing on-line evaluation of longwall roof behavior. Techniques for interpreting longwall shield pressures and characterizing roof conditions are discussed.

Jan 1, 1996

By Keith Whitworth

The USSR, over the last 20 years, has continued to increase its out-put year by year and it is now almost four times what it was at the end of the Second World War. In 1975, it exceeded 700 million tons of run-oi-mine coal (all ranks) which amounts to over 20 percent of world output. This rapid progress has been due to modernization of the industry, by means of increased mechanization and automation and the development of new machines and systems for underground workings and by the expansion of open-pit workings and the development and implementation of larger earthmoving machines.

Jan 1, 1977

By G. V. Campbell, O. T. Holdsworth, M. G. Nelson

A senior design project is required by all accredited mining engineering degree programs. Often referred to as the capstone of a student’s education, this project is expected to include all the important components of the preliminary economic assessment of a mineral prospect, including orebody modeling, grade and reserve estimation, selection of mining and processing methods, preliminary mine design, access and utilities, environmental compliance and reclamation, and financial analysis. Two of the authors (Campbell and Holdsworth) completed a senior project in 2021. They analyzed the Akie zinc deposit located in Canada. This paper summarizes the economic analysis portion of that project. The two primary objectives of this economic analysis were risk reduction and integration of economics and engineering. Addressing risk is important as risk is one of the primary concerns in mining investments. Risk reduction was the primary concern through the entirety of this economic analysis. Integration of financial analysis and engineering design was the first component of a risk reduction design. This allowed for financial and engineering design to be optimized in conjunction with one another. This produced benefits from both a financial and an engineering prospective. From a market, economic, and financial risk perspective, risk was reduced by forecasting multiple metal price scenarios, and then addressing the Akie project’s economic viability at each price point. Lastly, risk was address through consideration of nontraditional financing options. The project also sought to minimize financial and human capital risk, by proposing mutually beneficial cooperative social relationships and favorable work, schedules. Description of that work is not included in this paper.

Mar 2, 2022

By E. F. Draskovich

In 1984 a high temperature heat recuperation system was installed in the pellet plant of the National Steel Pellet Company located in Keewatin, Minnesota. The system is similar to those of Cleveland Cliffs Empire and U.S. Steel's Minntac operations. It recovers hot process air from the cooler by induced flow, and directs it to an intermediate zone between the drying and preheat zones on the grate machine. This system recently underwent further modifications in April 1985, following initial operation in 1984. The M. A. Hanna Company, which manages the property, developed the design criteria and made the subsequent recommendations for modification through its research facility in Nashwauk, Minnesota.

Jan 1, 1986

By L. A. Baker

The presence of goethite in a hematite ore has been shown to strongly affect the time of heating to the firing temperature. The investigation of spalling of single pellets and of packed beds has enabled free water and goethite spalling to be identified as separate phenomena. In addition, it has been shown that even for an 18 inch deep bed of green balls the free water and goethite drying periods can be considered separately. Based on this observation, a method of predicting production rate and hood temperature profile is presented. The method required knowledge of the ore goethite content, ore grind and the green pellet bulk density. Laboratory results were found to be in good agreement with actual plant practice and have led to improved process performance.

Jan 1, 1972

By J. Drelich

The flotation limit of fine particles has been re-examined based on the effect of bubble size on contact angle, and a new surface chemistry-limited relationship describing the minimum particle size which can be floated is proposed. In this analysis the critical value of bubble-solid contact radius (re) for which there is no effective attachment between particle and bubble has to be determined. The values of re determined by extrapolation of our experimental data for contact angle versus bubble-solid contact diameter permit the prediction of the flotation limit of methylated quartz particles, with fraction-al coverage of trimethylsilyl groups from 0.07 to 0.51. The limit of fine particle flotation as determined by this theoretical approach agrees well with experimental data reported in the literature.

Jan 1, 1994

By Ralph H. Light

The recent surge in demand for uranium in the United States, accompanied by a significant increase in price, has resulted in exploration, mining, and milling of lower grade ores than have been exploited in the past. To sustain production levels of uranium with lower grades of feed requires larger tonnage mill operations. Also, because of recent environmental regulations, mill operations must be prepared to properly contain large tonnages of tailings, and recycle, treat and discharge, or evaporate mill effluents. Thus, the advent of lower grade ores, larger tonnage mills, and environmental considerations has made the cost of milling a critical factor in today's uranium production economics in the United States. Three basic milling methods are employed for extracting uranium from ores: 1. Acid leach, countercurrent decantation, and solvent extraction. 2. Acid leach, resin-in-pulp, and Eluex. 3. Alkaline leach, solid-liquor separation, and precipitation. Vanadium often occurs as a valuable by-product in ore deposits located in the Uravan mineral belt in Western Colorado. Also, lesser amounts of vanadium may occur in ores from South Dakota, New Mexico, and Utah. Vanadium is usually extracted in the acid leach solution with uranium and recovered by solvent extraction after recovery of the uranium. By-product recovery of uranium from phosphoric acid and porphyry copper dump leach solutions is now receiving considerable attention. Pilot plant studies are under way and construction of commercial plants is in progress.

Jan 1, 1977

By G. H. Sedahmed, S. A. Nosier, M. H. Abdel-Aziz, A. A. Mubarak, M. A. El-Naggar, E. G. Abdel-Aziz

The performance of a rotating fixed bed reactor in recovering copper from industrial waste solutions by cementation is studied under various conditions. The rotating fixed bed is made of stacked woven steel screens to take advantage of two features of screens: the ability to present large area per unit volume and their ability to promote high turbulence. Variables studied are initial CuSO4 concentration, bed rotation speed, mesh number of the screens and bed thickness. The presence of baffles was found to increase the rate of cementation. The data were correlated by a dimensionless mass transfer correlation suitable for the design and operation of large scale cementation reactors.

By M. Hepokoski, M. Klein, D. S. Yantek, L. Yan

Research by the U.S. National Institute for Occupational Safety and Health (NIOSH) has shown that heat/humidity buildup is a major concern within coal mine refuge alternatives. High temperature and humidity levels inside a refuge alternative may expose occupants to heat stress. Due to the safety risks associated with testing using human subjects, NIOSH partnered with ThermoAnalytics Inc. to create detailed thermal simulation models of refuge alternatives with human occupants. The objective of this effort was to predict a miner’s core temperature response and moisture loss in environments that may be encountered in a coal mine refuge alternative. These parameters were studied across a range of temperatures and relative humidity values to determine if the current 35 °C (95 °F) apparent temperature limit for refuge alternatives is reasonable. The results indicate that the apparent temperature limit is protective, provided that miners are supplied with sufficient water. The results also indicate that the body core temperature does not reach dangerous levels even at an apparent temperature of 54 °C (130 °F). However, the results show that moisture loss increases with apparent temperature. Therefore, if the apparent temperature limit were raised, the water provided in a refuge alternative would have to be increased to offset moisture loss.

Jan 1, 2017

By M. Hepokoski, M. Klein, D. S. Yantek, L. Yan

Research by the U.S. National Institute for Occupational Safety and Health (NIOSH) has shown that heat/humidity buildup is a major concern within coal mine refuge alternatives. High temperature and humidity levels inside a refuge alternative may expose occupants to heat stress. Due to the safety risks associated with testing using human subjects, NIOSH partnered with ThermoAnalytics Inc. to create detailed thermal simulation models of refuge alternatives with human occupants. The objective of this effort was to predict a miner’s core temperature response and moisture loss in environments that may be encountered in a coal mine refuge alternative. These parameters were studied across a range of temperatures and relative humidity values to determine if the current 35 °C (95 °F) apparent temperature limit for refuge alternatives is reasonable. The results indicate that the apparent temperature limit is protective, provided that miners are supplied with sufficient water. The results also indicate that the body core temperature does not reach dangerous levels even at an apparent temperature of 54 °C (130 °F). However, the results show that moisture loss increases with apparent temperature. Therefore, if the apparent temperature limit were raised, the water provided in a refuge alternative would have to be increased to offset moisture loss.

Jan 1, 2018

By M. E. Buzon, M. E. Gunter

Talc has been the focus of recent civil litigation based on claims that asbestos minerals exist in talc deposits and therefore have caused asbestos-related diseases in those who have regularly used talc products. Such litigation, and ensuing confusion over the petrology and asbestos content of these deposits, challenges the talc mining industry in Montana and elsewhere in the world. The talc deposits in southwest Montana were formed by hydrothermal alteration of dolomitic marbles and are still actively mined. In general, talc formed by hydrothermal alteration of preexisting carbonate rocks is known to be nearly monomineralic and lacking in amphiboles. This paper includes data from analyses of representative ore samples from this mining region in southwest Montana. The results conclude that the presence of asbestos minerals — both amphiboles and chrysotile — is unlikely and that the ores are nearly monomineralic, as expected. Samples were characterized using a suite of analytical methods, namely, powder X-ray diffraction, X-ray fluorescence spectroscopy and electron microprobe analyses, which allowed us to determine the minerals present and the formation process. Our data and interpretations suggest that previous identification of asbestos minerals in these deposits is not accurate.

Jan 1, 2018

By M. E. Buzon, M. E. Gunter

Talc has been the focus of recent civil litigation based on claims that asbestos minerals exist in talc deposits and therefore have caused asbestos-related diseases in those who have regularly used talc products. Such litigation, and ensuing confusion over the petrology and asbestos content of these deposits, challenges the talc mining industry in Montana and elsewhere in the world. The talc deposits in southwest Montana were formed by hydrothermal alteration of dolomitic marbles and are still actively mined. In general, talc formed by hydrothermal alteration of preexisting carbonate rocks is known to be nearly monomineralic and lacking in amphiboles. This paper includes data from analyses of representative ore samples from this mining region in southwest Montana. The results conclude that the presence of asbestos minerals — both amphiboles and chrysotile — is unlikely and that the ores are nearly monomineralic, as expected. Samples were characterized using a suite of analytical methods, namely, powder X-ray diffraction, X-ray fluorescence spectroscopy and electron microprobe analyses, which allowed us to determine the minerals present and the formation process. Our data and interpretations suggest that previous identification of asbestos minerals in these deposits is not accurate.

Jan 1, 2017

By D. C. Torre

Ever since the early '60's there have been efforts to develop and produce reliable continuous haulage systems capable of taking the full output of a continuous miner and transporting it, in one continuous flow, from the face to the tipple. The majority of the continuous haulage systems which have been most successful to date were placed in operation in the early '70's and were all of the bridge conveyor type, usually consisting of bridges and mobile bridge carriers attached at the inby end to the continuous miner and at the outby end to the panel conveyor itself. These successful bridge conveyor type continuous haulage systems were, and continue to be, either of the belted or chain type. Undoubtedly, the most successful belt type continuous haulage systems are those manufactured and marketed by the Long-Airdox Company. Until early 1977, the most successful chain conveyor type haulage systems were manufactured and marketed by Jeffrey Mining Machinery Division. In 1977, Long-Airdox reentered the market with a chain type system to complement its belted system. I say "reentered" because the original bridge type continuous haulage system was introduced to the coal mining industry in the early '60's by the old Long Company, a predecessor of the current Long-Airdox Company, and those original units were of the chain conveyor type.

Jan 1, 1981

By Richard M. Winar

In September of 1988, the United States Environmental Protection Agency (US EPA) published final regulations that effect owners and operators of underground storage tanks (USTs). These regulation include stringent technical requirements for owners and operators of USTs containing petroleum and certain hazardous substances. The technical requirements effect both new (those installed after December 1988) and existing USTs and include notification; performance and operating standards; release detection, reporting, investigation; release response and corrective action; and closure requirements for out-of-service USTs. The USEPA also published final regulations regarding financial responsibility requirements for owners or operators of petroleum USTs in October of 1988. These regulations require owners or operators of petroleum USTs to demonstrate financial responsibility for the costs of corrective action and compensating third parties for bodily injury or property damage caused by releases from petroleum USTs. Like thousands of other industries, the mining industry must become thoroughly familiar with these new regulations in order to properly manage their UST systems, ensure compliance, and understand other ramifications imposed by these regulations.

Jan 1, 1990