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By G. M. Dunn

Pressure leach autoclave circuits are employed in the leaching of ores, concentrates, mattes, alloys and intermediates for the recovery of metals into solution. Once the metals are extracted into solution, the value metals can be recovered by hydrometallurgical means such as by purification followed by electrowinning, hydrogen reduction, pyrohydrolysis, crystallization and other unit operations. In many of these integrated flowsheets the pressure leach step is pivotal to the recovery of the value metals from the host material. Furthermore, the autoclave circuit invariably is a high capital cost component of the plant and an area that is carefully scrutinized when debottlenecking and capacity increases are being considered. This paper identifies a unique proven way of increasing the capacity of existing or new exothermic pressure oxidative leach autoclave circuits by as much as two or three times.

Jan 1, 2009

By P. J. H. de Graaf, S. D. N. Wessels

"Rio Tinto’s Western Australian expansion, combined with mining within structurally complex geology and increasingly below the water table, presents challenges in effective slope management to ensure safe and economic mining.The Geotechnical Management System (GMS) was developed by Rio Tinto Iron Ore (RTIO) to manage geotechnical risks identified during the design process and implementation, and to ensure feedback based on the ‘as-found’ conditions. The GMS utilizes a risk-based approach to geotechnical risk management and is centred on the geotechnical risk and hazard assessment management system (GRAHAMS). GRAHAMS is used to assess pre- and post-control risk for future potential risks (planned slopes), current risks (as-built slopes), and actual geotechnical hazards (realized risks) identified in the pit. This serves as a core operational risk management tool in identifying and prioritizing key risk sectors and management of critical controls. The system’s database reporting functionality supports effective communication of operational risks to operational personnel, as well as reporting the risk profile across operations to management.A rigorous engagement process between design engineers and sitebased engineers is implemented to ensure that key design assumptions, limitations, risks, and opportunities are understood by the site teams. This information, together with mine plan schedule details, is used to assess the design risk and develop appropriate controls. These controls typically include slope performance monitoring and slope reconciliation. The design feedback loop is closed through sharing of key slope performance and reconciliation data with the design teams.The GMS has been successfully implemented in RTIO pits and is fundamental to successful geotechnical slope management. Improved characterization of design assumptions has allowed for re-assessment of the pit design and improved hazard management in high-risk pits. The GMS, GRAHAMS, and other processes reduce the incidence of unexpected slope instability. Improved understanding of rock mass conditions has allowed for economic optimization through redesign of slopes, allowing for an improved understanding of risk and fewer unexpected conditions (surprises), hence an increased realized value."

Jan 1, 2016

The Namakwa Sands heavy mineral deposit is located along the West Coast of South Africa and the mine is a world class producer of high quality zircon, ilmenite and rutile concentrates from essentially unconsolidated marine and aeolian sands of Cainozoic age. The objective of this study was to characterize rutile with respect to distribution, grain size, textures, colour and mineral chemistry within the Namakwa Sands orebody with the aim to explain its overall poor recovery. A representative suite of heavy mineral concentrates from various sections of the orebody and stages in the recovery circuit has been investigated microscopically and by means of SEM-EDS and LA-ICP-MS. The rutile grain size distribution displays a wide range and is directly related to its variable chemistry and consequently density. In placer deposits such as Namakwa Sands, mineral sorting is a function of hydraulic equivalence, and high density grains are smaller than the lighter grains when deposited under similar conditions. Grain size is also a function of sediment maturity, and the highly mature red aeolians and (RAS) component of the deposit has a coarser grain size than the less mature orange feldspathic marine sands (OFS). The above primary characteristics of rutile are responsible for the loss of the coarse-grained fraction during screening and, given the empirically determined relationship that increased substitution elements reduce conductivity, also during electrostatic separation. Provenance studies using geothermometry have shown that the heavy mineral suite has been sourced mainly by the proximal medium-to high-grade Namaqualand Metamorphic Complex. The positive relationship between substitution elements and temperature of formation explains their high concentration in rutile of this deposit. The heterogeneity of rutile, produced by the combination of a high temperature primary source and the typical marine-aeolian placer genesis is deposit specific and unfortunately not conducive to high recovery levels in the current Namakwa Sands beneficiation circuit.

Jan 1, 2010

By K. H. Berget, V. Andersen, H. Tveit, R. Jensen

This paper presents some of the work carried out in order to improve the tapping process in silicon production, with special focus on the environmental and the safety standards. Some of the modelling work that has been done to improve the understanding of the process is described, together with the resulting implementation to improve tapping standards.

Jan 1, 2014

Students The South African Institute of Mining and Metallurgy (SAlMM) places a high value on its student members, for these people will ultimately become corporate members and will, it is hoped, play an active role in the affairs of the Institute. Why should young persons at University or Technikon want to become members of our Institute? There are several reasons.

Jan 1, 1991

By G. P. Dyke

The MRMR classification system was developed specifically for mining applications, namely caving operations, and is one of three rock mass classification systems used in the South African mining industry today. Increased usage of the MRMR classification system has raised concerns that it does not adequately address the role played by discontinuities, veins and cemented joints in a jointed rock mass. To address these concerns, Laubscher and Jakubec introduced the In-Situ Rock Mass Classification System (IRMR) in the year 2000. Although the IRMR system is more applicable to a jointed rock mass than the MRMR system, a quantitative comparison of the MRMR and IRMR classification systems indicates that there is not a significant difference between the resultant rock mass rating values derived from the two classification systems.

Jan 1, 2008

By Stuart Marsland

"Reference materials have always been important for validating and controlling analytical methods', They have recently become even more important as quality requirements have become more stringent and customer demands for properly verified and controlled results increase. Clients, especially from the resource exploration industry demand critical validation of all results reported. Mintek has been producing geological and semi processed ore references since the early 1970's and recently due to increase in demand other manufactures have entered the South African Market.This paper describes Analytical challenges from the customer's perspective. The customer being the metallurgist, mine geologist, environmental scientist and geologists from resource companies. Reference Materials and their appropriate use and good understanding of them can aid greatly in building confidence in the results, choosing the right Laboratory for a project, deciding which set of results arc correct and providing evidence to the customer's clients that the results obtained are the very best possible.Throughout the world there are hundreds of reference materials produced by over 80 organisations and these are mainly ores, rocks, semi processed ores, metals, and many more. Mintek is one of the top 10 producers with over 75 products. Many of these producers including Mintek and their respective standards organisations belong to the ISO REMCO committee and their respective work groups. This committee's main task is to draw up guide lines for the use, manufacturing and certifying reference materials. In South Africa a mirror committee has recently had its inaugural meeting the function is to give clear mandate to the South African representative on the main ISO REMCO committee, the South African delegate bas an opportunity to influence the contents of the guides.Tile SARM program has since the year 2000 increased its sale three fold, the question is why? There is more accountability needed in our world. That means Analytical results have to be the very best possible and risks associated to them must be well quantified. Consider that the risk of wrong results of wrong decisions made from a result is trivial to laboratory, in comparison to the laboratories customers. The consequence to a laboratory could be a loss of income or some one may lose their job. To the customer he may dig up 1000 of ton's of rock with nothing in it or worse still don't mine it when the grade is high enough. This is seriol1s money."

Jan 1, 2014

By N. F. Mashinini

Optimization of current control systems, proper maintenance and efficient training of personnel are recommendations made to control the amount of dust that underground employees are exposed to on a daily basis in the coal mining industry. This dissertation forms as part of Sasol Mining?s commitment to protect the health and safety of their employees by suppressing and controlling dust at their mines. This study aims to understand the relationship among mining processes, exposure to dust and dust suppression control measures. The research phase of the project was done at the Sasol Mining Secunda complex where underground visits were undertaken to investigate current control systems and also new systems that are being implemented by Sasol Mining. This work was important because it helped determine the sources of dust underground and also to identify the shortcomings of current control systems and to test the efficiencies of the new systems implemented at Sasol Mining. The most important result of the research work was the identification of which underground operators were exposed the most to dust as this assisted in designing a dust suppression system for the areas where these operators worked. The main conclusions of this study are that the current control systems are sufficient for controlling dust and ensuring dust compliance if they are used efficiently and maintained properly.

Jan 1, 2008

By C. Norden

The purpose of this article is to show how a representative overall equipment effectiveness (OEE) measurement can be calculated for an underground coal mining bord and pillar batch process. The calculation method, the typical losses (which include planned and unplanned availability losses, coal quality losses, and process rate losses) and the underlying logic are presented and discussed. It is argued that the current traditional underground bord and pillar mining process can currently provide a maximum theoretical OEE of only 49 per cent, while a realistic benchmark target should be in the order of 37 per cent, which relates to an average of 2400 t per shift or 1.2 Mt/a. In addition, it is argued that the current bord and pillar process is the current bottleneck to further improvement past the 2400 t per shift benchmark, and that fundamental process changes will be required to eliminate this bottleneck.

Jan 1, 2012

By D. H. Diering

Definition of mineral resources and reserves forms the basis for effective mine planning and reliable public reporting of mineral assets. Historically, the mineral resource and reserves declaration process has been the domain of the geology and surveying disciplines, with the declaration of the reserves by the surveyor being based on the application of modifying factors to the declared resources available for mining. As part of an ongoing process to improve efficiency, reliability, and reproducibility of results, this approach has been revised and enhanced through the introduction of a revised process and reconciliation tools. The revised approach to reserve definition is based on the definition of scheduled resources, at an appropriate confidence estimate in the context of an approved business plan, over the anticipated life of the mineral asset being applied to define reserves. This planning and scheduling is developed, during the annual business planning process, by the mine planning department using tools such as CADSMine?. The scheduled area together with the application of revised modifying factors is tabulated in the BME (basic mine equation) and reflects the mine production plan over time. Simplification of the modifying factors to dilution and losses underpins the simple yet robust approach to improved definition of reserves in this process and in the basic resource to reserve equation (BR2RE). Dilution intrinsically affects grade but not metal content, whereas the losses reflect both the efficiency of mining and planning and are reflected in metal losses, area losses, or both. Reconciliation of the derived 'resource converted to reserve' area (which is based on the business plan from CADSMine?) versus the 'resource available for mining' (which is derived from Datamine?) underpins the robustness and auditability of the reserves declaration. This R&R accounting and reconciliation approach is transparent and facilitates interrogation of the logic and rationale of long-term business planning and project strategy. These numbers are processed and reported in the logic of the basic resource equation (BRE), which also addresses aspects such as white areas (future and historic), tail management, and partial extraction (non-scheduled pillars, etc.) in compliance with SAMREC definitions. Areas that do not have the necessary confidence and data support to be declared as resources find their space as pre-resource (outside the domain of public reporting), outlining existing potential for future extraction and reporting. Use of the BRE leads ultimately to a complete, refined accounting and reconciliation-oriented approach for all production entities. The revised resource and reserve process includes the discipline of mine planning as intrinsic to the definition and declaration of resources and reserves. Subsequent to the change in process, the resources and reserves have truly become the domain of the mineral resource management discipline. This paper defines the logic of the basic resource equations and outlines their application in the definition and reconciliation of mineral resources and reserves at Anglo American Platinum Limited.

Jan 1, 2013

By F. Trabzuni

Elutriation of solid reactants from fluidized bed reactors can affect their process performance and efficiency greatly. Chlorination fluidized bed reactors for selective conversion of solid metal oxides to metal chlorides are used widely these days. This study provides a platform for a proper understanding of reactant solid characteristics and solid shrinkage interaction with elutriation rate constants using multi-sized particles, sand-like, ?Geldart B? chloridable materials. The study has found that actual elutriation rates of the reactive system are influenced by complex parameters? interaction including bed diameter, reactor freeboard height, bed minimum fluidization velocity, and reactant?s physical properties.

Jan 1, 2009

By J. Gholamnejad

Determination of the optimum cut-off grades is one of the most important aspects of mine production planning. A cut-off is a grade below which we choose not to process material. This material is treated as waste and dumped. Dumping waste is accompanied by the rehabilitation cost which will affect the overall cost of final production and also the optimum cut-off grade. Rehabilitation cost is the cost per ton of rehabilitating material of a particular type of rock after it has been dumped as waste. One of the most popular algorithms for determination of the optimum cut-off grade is Lane?s method. Lane formulated the cut-off grade optimization, but he did not consider rehabilitation cost during the optimization process. This cost item should be evaluated first, and then considered during the cut-off grade optimization process. In this paper the rehabilitation cost is inserted directly into the cut-off grade optimization process using Lane?s theory. The cut-off grades obtained using the suggested method will be more realistic than ones using the original form of Lane?s formulations.

Jan 1, 2009

By Karl-H. Daum

Over many decades, numerous feasibility studies have demonstrated, that the production of sulphuric acid remains the most viable option of sulphur recovery from smelter off gas and abatement of SO2 emissions to the atmosphere. This is particularly more pronounced as smaller but more concentrated off-gas flows are to be treated from smelters, and enhanced sulphuric acid processes be-come available. Off-gas handling systems represent a significant capital and operating cost burden to the metallurgical operation. Modern pyrometallurgical smelter processes for sulphide ores based on the use of oxygen-enriched air, produce relatively small off-gas flows with high SO2 concentrations in the smelter gas of 30?60 %-vol. of SO2. This is a prerequisite for substantial cost reductions in the smelter off-gas handling and treatment system. As an alternative to sulphuric acid production, numerous scrubbing concepts with alkali or dual-alkali combinations as well as organic absorbents have been proposed. Also the reduction of the SO2 to elemental sulphur has frequently been studied. Very few of those alternative processes have been built in industrial scale, but all were generally characterized by none sustainable operation due to cost reasons, problems with issues related to chemicals used and by-products or poor availability. Thus the traditional concept of converting the SO2 to sulphuric acid is most common, although regarded as un-economic, but is at least a proven, environmentally sustainable and reliable way of sulphur gas processing. With the high acid price levels these days, operating companies are even able to generate significant revenue with their otherwise ?fatal? acid.

Jan 1, 2009

By M. M. Bwalya, F. K. Mulenga

"SynopsisThe application of the attainable region (AR) technique to the analysis of ball milling is currently limited to batch data. This paper introduces the use of the technique to continuous milling.To this end, an industrial open milling circuit processing a platinum ore was surveyed. Samples were collected and later characterized by means of laboratory batch testing. On site, several milling parameters were varied systematically so as to collect data for modelling purposes. These paramters included ball filling, slurry concentration, and feed flow rate. After data analysis, a simulation model of the open milling circuit was developed under MODSIM®, a modular simulator for mineral processing operations. The mill was then simulated and the data generated was analysed within the AR framework.Initial findings reveal an opportunity to gain valuable insight by studying milling using the AR technique. From an exploratory perspective and inasmuch as this study is concerned, feed flow rate, ball size, and ball filling were identified as being pivotal for the optimization of open ballmilling circuits. Mill speed, on the other hand, had only a limited effect on the production of particles in the size range -75 +10 µm.IntroductionGlasser and Hildebrandt (1997) propounded the attainable region (AR) as a technique for the analysis of chemical engineering reactor systems. Results have since been produced and tested on both the laboratory and pilot scales. The method results in a graphical description of chemical reactions by considering the fundamental processes taking place in the system, rather than the equipment. From the plotted graphs, the process and the reactors can be synthesized optimally into a flow sheet.The use of the AR method still has a long way to go as far as mineral processing is concerned. For instance, several articles have reported the application of the AR technique to ball milling: Khumalo et al. (2006, 2007, 2008); Khumalo (2007); Metzger et al. (2009, 2012); Metzger (2011); Katubilwa et al. (2011); Hlabangana et al. (2012). Their main shortcoming has been the exclusive use of laboratory batch grinding data.To address this deficiency, Mulenga and Chimwani (2013) proposed a way by which the technique could be extended to continuous milling. In effect, the batch milling characteristics of a platinum-bearing ore (Chimwani et al., 2013) were used and scaled up to an open milling circuit. Then, with simplifying assumptions, an attempt was made to optimize the residence time of particles inside the mill. Later, Chimwani et al. (2014a) presented some optimization examples involving various milling parameters. The sequence of published articles then paved the way for the study of industrial milling systems with the AR methodology."

Jan 1, 2015

The September General Meeting of the Institute was held in Kelvin House, Johannesburg, on 16th September, 1970, at 3.00 p.m. Mr V. C. Robinson (President) was in the Chair. There were also present one hundred and eighteen Fellows, including Dr J. M. Bereza, H. P. Carlisle, R. J. C. Goode, Dr J. P. Hugo, P. Lambooy, Prof R. P. Plewman, W. W. Malan, Dr J. T. McIntyre, Dr M. D. G. Salamon, L. W. P. Van den Bosch, P. A. von Wielligh (Council Members), A. Bain, G. P. Bennet, D. L. Carson, G. L. H. Diering, M. E. E. Douglas, F. A. B. Fouche, R. Fourie, A. R. C. Fowler, E. B. Gordon, J. S. Hay, G. H. Henderson, S. D. Hill, A. C. Hofmeyr, J. M. Jacobs, A. F. Lee, D. G. Malan, L. J. Prince, W. G. Pyne-Mercier, A. H. Mokken, Dr W. S. Rapson, R. R. Richardson, H. V. Solomon, C. G. Sowry, G. G. Stanley, G. R. Still, D. L. Starkey, D. L. Taylor, E. W. Thiel, I. E. Van Aswegan, M. van Ryneve1d Steyn, N. B. Vinson, H. Wheeler, Dr A. Whillier, R. A .Wilson, C. F. Ziervogel. Forty-two Members including R. C. Bertram, F. Collier, G. C. Currie, O. Davel, J. M. Gosnell, A. Hazell, Dr N. C. Joughin, F. Kleinschmidt, D. Love, R. B. Macgillivray, D. Mather, R. D. R. Munro, R. S. Pearson, J. J. Peisl, T. J. Pole, A. J. Rossouw, R. G. B. Skirving, G. S. Schwartz, K. Stee1e, H. A. G. Slater, A. Taylor, B. A. Thomas, P. L. Vaughan, D. T. Watt, W. Wilson. Nineteen Associates including R. K. Briggs, S. I. Du Preez, P. G. Gaylard, P. H. Hartslief, W. M. Mackay, A. D. Ross. Three Students: V. S. Care, R. J. Drummond, P. J. Pretorius. Thirty-one Visitors including C. P. S. Barnard, D. W. Bosch, M. Bain G. L. Brown, G. D. Behrens, C. Coetzer, D. M. Gilbart-Smith, R. L. Man, Dr G. J. Stander, M. W. L. Steinobel, R. H. E. Thorpe, T. D. van Wyk, P. H. van Zyl, E. Vereecken, J. J. H. Viljoen. Secretary, D. C. Visser. Total present: 215. OBITUARIES The President: "It is my sad duty to announce the death of the following: Bruce Donaldson Crawford, Fellow, who joined the Institute in 1951 and passed away on 29th April, 1970. Donald Joseph Powrie, Life Fellow, who joined the Institute in 1935 and passed away on 22nd July, 1970. As a mark of respect to the memory of the deceased and in sympathy with the bereaved I would ask you all to rise and observe a few moments' silence." MEMBERSHIP The President: "I have much pleasure in announcing that the names of the under-mentioned candidates, having been published in accordance with By-Law 5.2.2, Council has elected them to membership of the Institute in the following grades: Associate: WiIliam Norman Carter. Students: Roman Michael Dabrowski, Sean George Dean Eaton, Alan Philip Stonham Howard, Anton du Preez Roos, Richard Harold Tourle. MEMBERS TRANSFERRED TO A HIGHER GRADE From Graduate to Member: Terrance Alexander Ward. From Associate to Member: Bernard Andre Thomas. "I welcome the newly elected members to the Institute and congratulate the members who had been transferred to a higher grade." CO-OPTION The President: "I wish to advise members that, in terms of clause 3.9 of the Constitution, Mc. H. P. Carlisle had been co-opted to serve on Council." PAPERS FOR PRESENTATION The President: "We have two papers today, and I am first going to call on Dr Stander the Head of the Water Division of the C.S.I.R., who IS well known to many of you for his work and talks on pollution, who has had more than a little to do with this industry, and who has been I would say, of the greatest possible assistance to the mining industry in overcoming the problems of pollution which are so prevalent in industry of this nature. He, Mr Henzen and Mr Funke have written this paper, 'The disposal of polluted effluents from mining, metallurgical and metal-finishing industries, their effects on receiving water and remedial measures.' This is the Water Year, as you know, and it is most appropriate that we should have such an authority to talk to us on this very important topic. I now have much pleasure in asking Dr Stander to introduce his paper." After the presentation of the paper the President said, "Gentlemen, I am sure that you would like me on your behalf, to thank Dr Stander very sincerely for a paper which I think has enabled us to get a completely new slant on the Water Year. There are many people who have put their finger on this campaign and said, it is all a gimmick. There are others-I suppose notably some of the bridge clubs which operate on week-day afternoons in Parkview-who seem to think that this is a quick way of getting early rain. Of course, it is not. This is a most important paper which we have had given to us this afternoon. You probably found it here when you arrived and have not read it-I was very lucky to be able to read it last night, and there is an awful lot of meat in it. For as long as I have been associated with mining in any way, there has been a problem of polluted effluent-of effluents carrying a mineral load from mining, and I think Dr Stander is absolutely right-and, of course, the Commission is right when they say that this is not merely the problem of mine management or mine owners-this is a problem which affects every single human being in this country.

By S. Khoshjavan

In this investigation, the effects of different coal chemical properties were studied to estimate the coal Hardgrove Grindability Index (HGI) values index. An artificial neural network (ANN) method for 300 data-sets was used for evaluating the HGI values. Ten input parameters were used, and the outputs of the models were compared in order to select the best model for this study. A threelayer ANN was found to be optimum with architecture of five neurons in each of the first and second hidden layers, and one neuron in the output layer. The correlation coefficients (R2) for the training and test data were 0.962 and 0.82 respectively. Sensitivity analysis showed that volatile material, carbon, hydrogen, Btu, nitrogen, and fixed carbon (all on a dry basis) have the greatest effect on HGI, and moisture, oxygen (dry), ash (dry), and total sulphur (dry) the least effect. Keywords coal chemical properties, Hardgrove Grindability Index, artificial neural network, back-propagation neural network.

Jun 1, 2013

Material transfer in underground mines often relies on ore and waste pass systems. Over the years the authors have investigated the design and performance of orepass systems in several Canadian and South African mines. It has been recognized that while most mining operations have either implicitly or explicitly clearly defined objectives, in the design and successfully operate orepass systems there seems to be an absence of a strategy on how to best attain these goals. Consequently, it is not surprising that the majority of operations reviewed by the authors experience a number of problems of varying degrees of severity and economic consequences. This is illustrated by reference to both South African and Canadian operations. The second part of this paper focuses on a review of tactical interventions to rectify orepass problems or mitigate their impact. The paper closes with a framework for a flexible strategy for the design and operation of orepass systems. Keywords orepass; orepass design; orepass stability; orepass rehabilitation; orepass operation; orepass strategy.

Oct 1, 2013

By K. G. Lomberg

The integration of various highly sophisticated IT applications has been implemented at Bafokeng Rasimone Platinum Mine, a new platinum mine in the Anglo Platinum Group. This system is required to assist with compiling the necessary geological and grade information together with safety, environmental, ventilation, rock engineering and logistical constraints, to allow the design of the appropriate mining layout, to schedule this design, provide the necessary output for technical review and costing as well as budgeting to allow medium- and long-term business planning. In addition the production management and short-term planning needs must be met. This includes the plotting of all underground and surface infrastructure and excavations, giving the necessary mining and best cut instructions, daily production management, ore reserve and grade management as well as assisting with budgetary management. In addition all safety, health, environment and risk assessment requirements and legal requirements have to be met. The system at Bafokeng Rasimone Platinum Mine has met these criteria. Keywords: Platinum, Bushveld Complex, Mine Planning, Production Management

Jan 1, 2003

By M. McChesney

Modern materials for underground support* by M. McChesney The properties required of a support material for underground tunnels are discussed and, because concrete is both economical and easy to apply, a number of new reinforcing materials for concrete are examined with particular reference to these properties. From about thirty tests on different types of reinforced concrete, it is concluded that the addition of polymer to a concrete does not seem to influence the concrete's post-failure behaviour, and the on'y benefit to be achieved by this addition is to increase its flexibility (or to decrease it, depending on the polymer). Steel fibres tend to increase both the strength and stiffness of the concrete, but polypropylene fibres, although having definite loadcarrying capacities, provide non-stable failure, also known as brittle failure. The best result was obtained for concrete reinforced with steel wire: the post-cracking strength was very good and was maintained for a considerable deformation.

Jan 12, 1976

By J. A. L. Napier

An analytical solution to the best choice of cutoff grade for a mine is deduced for an assumed model of selective mining. It is found that this choice is determined by the constancy of a special function, the Hamiltonian, over the life of the mine. It is suggested that the appropriate constant value for this function should be determined by the expected long-term average of the paylimit. In that case, the optimum profile can be calculated at each point in time according to the prevailing working cost and product price. In particular, a decision can be made between operation at the true paylimit or at the subsidized paylimit implied by either the lease and tax formulas or the assistance formula for gold mines. It is also shown how the basic formulation can be extended for 'use in the determination of the optimum joint paylimit for two products over the life of the mine.

Jan 1, 1983