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By W. W. Adams

The extent to which coal mines have installed various types of haulage systems and mining machines is a subject about which there is little definite information available in convenient form for the country as a whole . A few State mine inspectors include in their annual reports such information for their respective States , but uniform data for the United States have not until recently been compiled . Several years ago the Bureau of Mines compiled from one of the standard mining directories * a statement showing the kinds of machines and haulage used in coal mines . The first statement was prepared from the 1918 edition of the directory in which detailed descriptions of coal mines were given . The information presumably related to the calendar year 1917. Similar statements have been compiled from the directories for 1919 , 1920 , and 1922 , the statement for 1921 having been omitted because the directory for that year did not become available . The latest statement is given below and is based upon the directory for 1922. It relates to conditions prevailing in 1921 , and covers a total of 7,088 coal mines . Of these , 5,064 mines . or more than 71 per cent , were using animal haulage . As compared with the total number of all classes of mines , those in the animal - haul age group constituted 71.4 per cent , the percentage having remained practically stationary during the past four years , although the actual number of mines in the group has increased . Rope haulage was reported by 1,066 mines , or 15 per cent of the total , representing a larger number of mines than in 1918 , but a decrease of 2 in the percentage for the group as compared with all classes of mines . Electric haulage was reported by 3,274 mines (46.2 per cent ) , and the number of motors in use was 11,265 . The percentage of mines in this class has not changed materially, but the actual number of mines has shown a gain of about 900 during the past four years . Compressed-air locomotives have not increased either in actual or relative number , the percentage for the past year being but 1.2 . The number of mines using storage- battery locomotives has increased from 3.6 per cent of the total shown four years ago , to 9.8 per cent for last year, the latest figures showing 693 mines with 1,428

May 1, 1922

Overcasts are indispensible ventilation control devices to permit one airway to pass over another without mixing in room and pillar coal mining. The airflow distribution inside the overcast depends on its spe-cific configuration at which the flow enters into it. This study uses 3D numerical simulation to examine the pressure and velocity distributions inside an overcast. The effects of the overcast angle on the flow field are also examined. The flow is assumed to be turbulent and isothermal and the standard k-e model is utilized. Simulated results display flow separation and recirculation regions of different sizes occurring not only upstream and downstream from the overcast but also inside it. The results also show that the size of the recirculation regions in-creased with the increase in the angle before and after the overcast influencing significantly the flow field and pressure losses. The stream-lines are plotted to show the 3D structure of the flow field. The results from the simulation can guide overcast design commonly used in un-derground coal mines. Keywords: 3-D simulation, Overcast, Room and Pillar, Turbulence, Recirculation Region

Feb 27, 2013

By B. Arjang

ABSTRACT: Ground stresses are one of the significant factors in the context of rockbursts and underground instability at some hard rock mines in Canada. Overcoring strain relief measurements using triaxiaI strain eel is were performed at depths between 60 to 1890 m at several mine sites to provide stress data for stability analysis and optimum mine design. Pre-mining ground stress determinations from 64 stress tensor analyses resulted in the following average stress gradients: Maximum horizontal stress. -Hmax - 8.18 - 0.0122 MPa/m depth Minimum horizontal stress. _-,,min - 3.64 - 0.0276 MPa/m depth Average horizontal stress. -11, 5.91 - 0.03-19 MPs m depth Vertical stress. '-, - 0.0266 - 0.008 MPa/m depth The maximum and minimum horizontal compressive stresses. with an average ratio of 1.75 ,0..45. prevail in east--west and northerly directions. respectively. Horizontal compressive stresses in excess of vertical overburden load were determined. indicating large variations in ratios to a depth of about 1000 m with decreasing trend towards depth. From present data. a particular regional zoning for the magnitude and direction of horizontal stress fields cannot be outlined. A common feature at mines with near vertical orebodies is that the maximum horizontal compressive stress acts perpendicular to strike while the minimum horizontal compressive stress is aligned on-strike. The vertical stress components approach the gravitational overburden load.

Jan 1, 1989

By Yemi Akinkugbe

Underground coal mining under massive sandstone can present significant challenges if the roof behavior is not well understood. This paper presents a classic cantilever bending/flexing behavior of a longwall tailgate roof caused by the weighting of structurally massive sandstone strata. Nineteen crosscuts of a longwall tailgate under massive sandstone were instrumented with position transducers connected to a data-logger to monitor roof convergence as the longwall face approached. During the monitoring program, an unusual tailgate roof divergence (uplift) was recorded. This roof behavior contradicts expected norm of roof convergence when the longwall is influenced by periodic weighting. The recorded roof movement data indicated that the roof divergence started well ahead of the longwall face. The most inby position transducer started recording progressive roof divergence when the longwall face was approximately 643 feet away. Very gradual roof convergence did not begin until the longwall face got to within 300 feet of the transducer. Recording of accelerated convergence only started after a massive caving event with the face within 280 feet of the recording transducer.

Jan 1, 2007

By L. Vu, V. Popov, J. Beland, R. Darling

"The Ferderber gold deposit is of Archean age. It consists of a series of gold-bearing quartz lenses within a shear zone that crosscuts the central part of the quartz dioritic Bourlamaque batholith. On average, this zone strikes N70E and dips 65SE. The Ferderber shear zone, which hosts the ore lenses, has been affected by a succession of tectonic events. A possible early period of brittle shear, accompanied by the formation of quartz lenses, resulted from strike slip movement along the zone. These early quartz veins were subsequently folded and boudinaged during reverse movement that accompanied a prolonged period of ductile shear. More quartz veins were emplaced in the shear zone at this time; these were also deformed by the thrusting. The latest tectonic event to affect the shear zone was a period of brittle fracture.Early dextral strike-slip movement on the shear zone is suggested by the local occurrence of Riedel shears, the preferred association of ore with east-northeast oriented segments of the zone, and by the apparent en echelon arrangement of some ore lenses. The most important event, a reverse movement, is indicatedby the attitudesoffoliation, folds, boudins, COS tectonites and slip planes. The late brittle fracturing formed narrow gouge filled faults, locally flanked by brecciazones, whichrun generally within and parallel to the shear zone, and also conjugate fractures that crosscut the zone.The Ferderber and six other adjacent gold deposits were formed in a structural regime dominated by a generally horizontal north-south regional compression. The Y axis of the strain ellipsoid is east-west and varies from horizontal to a plunge of 25 0 w."

Jan 1, 1987

By Moyle F. J

This paper describes an apparatus which was developed to study solid-vapour equilibria and presents results which were obtained during a study of the FeCI3-AlCI3-CI2 system. Analysis of the results showsthat fractional desublimation might offer a means of achieving a useful separation of the iron and aluminium chlorides produced by the chlorination of bauxite. The results, presented in the form of isothermal vapour pressure curves covering the range of temperature 160-200°C, support the earlier findings of Semenenko et al (Dokl Akad Nauk SSSR, 154: 42-43 (1964)) that the solid phase contains two terminal solid solutions.The equilibrium constant for the formation of the mixed dimer, FeAICI6, was approximately 4. The latent heat of sublimation of aluminium chloride varied from 18 to 26 kcal/mole AI2CI6 for solid compositionsfrom 0.9 to 0·5 mole fraction FeCls3.

Jan 1, 1979

By R. P. Harvey, J. E. Walstrom, A. A. Brown

In view of the large number of wells directionally drilled from offshore platforms and urban drillsites, greater interest is being focused on the directional survey and on the uncertainty inherent in calculating the position of the bottom of the hole, or other benchmarks in the wellbore. Of the two methods presented here for evaluating this uncertainty, the first is analytical and uses the principles of probability and statistics. The second method uses Monte Carlo simulation to generate a pattern of the scatter of possible bottom-hole locations. Both methods are based on a model for which the usual assumption is made that the curvilinear axis of the wellbore is adequately represented by a large number, M, of linear segments joined end to end from the top to the bottom of the hole and closely following the course of the hole. The errors due to this approximation are assumed to be negligible and are not studied here. One form of the model is to consider that for a given hole there exists a perfect set of data describing it, of the above form. Each linear segment has an angle of inclination with the vertical 7, in radians, an azimuthal angle from true north xi in radians, and a length Si, in feet. The subscript variable, i, extends from 1 to M. Each of the M linear segments representing the axis of the wellbore has three components in the X, Y, and Z directions. These components are calculated from the equations: The bottom-hole coordinates as determined from the reference set of data for the wellbore are given by the following for i = 1 to M: X=SX, Y = Sy, Z=SZ; . (2) A directional survey instrument, lowered into the wellbore to the M segments, or stations, measures the values of the 7; and the 3,. In general, because of errors from various sources, the resulting angular measurements will not be precisely equal to the 7" and xi. Random variables l, and Ai are therefore considered with associated probability density functions fi(li) and gi(Ai), respectively, which represent the distributions of potential survey measurements for this hole. Since it is assumed that the values Si are accurately measured they are treated deterministically. The random variables corresponding to the surveyed bottom-hole coordinates are given, for i = 1 to M, by:

Jan 1, 1970

By Tony Robles

"A new process is disclosed for the recovery of gold and/or silver values from activated carbon wherein they are adsorbed as cyanide complexes. A unique chemistry allows the new process to use mill process water containing an inexpensive, non-hazardous compound as the eluant. The new process has an elution period of 5 hours at 98°C. The gold in the eluant can be recovered by electrowinning or zinc precipitation. The new elution process is simple, reliable, and provides an eluted carbon that may not require thermal regeneration before reuse. Retrofitting the new process to existing processes such as Zadra, Anglo, and others will not require significant capital expenditures.IntroductionThe efficient and reliable elution process for gold/silver from activated carbon is a very important process in the gold mining industry. The most common techniques for elution of gold cyanide from activated carbon are the Zadra and Anglo procedures.Specialized elution techniques like the Micron and Acetonitrile processes have not been commercialized to significant extent probably due to relatively complex unit operations and expensive reagents.Important functions of the gold recovery circuit are:Efficiently recover gold/silver from the loaded carbon.Carbon is in good condition for reuse for optimum recovery.The pregnant solution is amenable to electrowinning or zinc precipitation to recover gold/silver from the solution.The whole process to be simple and short to reduce gold inventories.Present Elution ProcessesTable 1 shows some carbon elution processes that are available today. The two main elution processes used in the industry are: (1) the Zadra process, in which hot cyanide solution is circulated through an elution column and electrowinning cells; and (2) the Anglo American Research Laboratory (Anglo) process, consisting of a pretreatment step with caustic cyanide solution, followed by elution with deionized water."

Jan 1, 2000

By Jose R. Hernandez-Aguilar

"This paper revisits data from previous studies (Hernandez-Aguilar, 2010, 2011) to better understand the link between metallurgical performance and pulp-zone bubble size (Db) in full-scale flotation systems. To obtain conclusive evidence exclusively related to the pulp (collection) zone, the experiments were designed in those studies to control both the bubble generation method and the influence of the froth zone on the overall metallurgical performance in industrial and pilot-scale flotation columns. The results showed that Db had a significantly larger effect on the recovery of coarse (> 75 µm) particles compared to the effect on fine (< 16 µm) particles. It was observed that, under certain practical conditions, the recovery of coarse particles was close to zero, but dramatically increased by reducing Db. The evidence revealed an inconsistency of the so-called “k–PSb” model: at constant froth recovery, increasing Sb (i.e., the rate of production of bubble surface area) did not always result in higher recovery, as the model predicts. Furthermore, the evidence showed that it was not the Sb but the bubble size that proved to be a more reliable link to metallurgical performance. Only in the presence of suboptimal-sized bubbles (Db > 2 mm) did the froth zone seem to play a role, possibly reflecting an effect of pulp-zone bubble size on froth stability. However, the role of the froth was negligible for Db < 1 mm.High-resolution mineralogical measurements performed on process samples revealed that, regardless of the degree of liberation, Db had a profound effect on the shape of the recovery-by-size curve, particularly the coarse particle size fraction. This observation is key as it implies that the loss in efficiency associated with floating the coarse particles was not the result of neither particle hydrophobicity nor particle detachment issues: even in the absence of mechanical agitation, liberated and highly hydrophobic coarse particles did not seem to attach to the bubbles in the first place, an inefficiency that was corrected by reducing bubble size. The data analysis suggests that poor attachment efficiency can practically affect both fine and coarse particles but via different mechanisms which are discussed here."

Jan 1, 2017

Using mines in Canada, Boart Longyear, a leading provider of drilling services and products, has put its Stage 3 Coring Bit to the test and each time the bit has passed the test with great success. After more than a year in the field at a major mine operation in Sudbury, Canada, the Stage3 coring bit broke life records to become recognized as the most productive design in the industry. In addition to the proven advantage seen in regular bit life increases of as much as 300 percent in some cases, the design is quickly being recognized for its cost-saving operational impact. In Sudbury, the mine operation realized actual cash savings of more than C$45,000 within an eight-month period by making the switch to Stage3 bits. For years, the Sudbury Basin team has relied on the Alpha Extended Crown bit with the Express Waterway geometry option, ordering approximately 500 units per year. This 07 COM ECEX configuration performed well in medium-hard, non-abrasive to ultra-hard, non-abrasive formations with an average bit life of 150 m (490 ft). While satisfied with the performance of the Alpha Ex-tended Crown, the team agreed to put the new Alpha Stage3 to the test. Boart Longyear?s field engineers supplied five drill sites with Alpha Stage3 bits in a 07 COM configuration. After thoroughly testing the Stage3, the results were clear. Even with the well-known performance and versatility offered by the previously preferred configuration, the Stage3 set a new standard of bit performance. The new bit maintained its cutting edge for up to three times longer than the Alpha Extended Crown, a significant performance increase when compared to the 07 COM ECEX.

Jan 1, 2009

By Kelvin K. Wu

A coal waste disposal dam failed on Buffalo Creek near Saunders, West Virginia, on February 26, 1972. This accident resulted in the loss of 125 lives, left over 4000 people homeless, and resulted in millions of dollars in damage to several downstream communities. As a result of this tragic event, major changes occurred in the mine waste disposal practices used by the U.S. coal industry. This paper summarizes changes in U.S. coal-waste disposal practices in the nearly 35 years since the Buffalo Creek dam failure and identifies safety issues that need to be addressed for continued improvement. While many organizations and individuals have played roles in the improvements that have occurred, this paper focuses on the role played by MSHA and its predecessor agencies.

Jan 1, 2006

By Jeffrey Y. Foley

The Bureau of Mines sampled surface exposures of podiform chromite in the Caribou Mountain-Melozitna ultramafic belt in the Kokrines-Hodzana Highlands, central Alaska. Fieldwork began in 1979 as part of an assessment of the mineral potential of lands adjacent to the trans-Alaska pipeline corridor, for the Bureau of Land Management, and continued through 1981 as a Bureau of Mines investigation. The belt comprises six complexes of which the three closest to the pipeline corridor were investigated. Concentrations of chromite disseminated in dunite host rock make up mineralized intervals ranging in thickness from less than an inch to 5 ft and in grade from 3 to 23 pct chromium. The largest occurrence has an exposed strike length of 80 ft. Bulk surface samples were collected from 10 of these exposures, and beneficiation tests on the samples produced concentrates of metallurgical, refractory, and subindustrial grades. Part I--this report--describes the fieldwork; part II--1C 8916--describes the beneficiation work.

Jan 1, 1983

By Joan Weinberg

Real gross national produce (GNP) grew at a seasonally adjusted annual rate of 2.0% in the fourth quarter (table 1). The restrained quarterly growth rate was the slowest in 2 years, and was substantially slower than the 2.5 % rate of the previous quarter. According to the U.S. Department of Commerce, the summer drought reduced the fourth-quarter growth rate by 1.1 percentage points. A growing trade deficit and a reduction in business investment were the key economic factors curtailing growth. The trade deficit widened by $6.8 billion, reflecting both a surge of imports and a slowing of exports. Business investment declined 3.7%, mainly as a result of a slowdown in computer sales. On a year-to-year basis, the economy grew at an inflation-adjusted rate of 3.8% for 1988, the fastest in 4 years, despite the drought. However, on a fourth-quarter-to-fourth-quarter basis, real growth measured 2.7%. Increased exports and business spending for plant and equipment accounted for much of the 1988 GNP growth. Employment continued to grow as the manufacturing sector added 414,000 new workers (table 2). Of these, the primary metals industry added 26,000 workers, and the clay, glass, and stone industry added 10,000. The civilian unemployment rate remained low throughout 1988, fluctuating between 5.3% and 5.4% during the last quarter.

Jan 1, 1989

By Ted Klemetti

Roof deterioration in weak moisture-sensitive rock leads to roof falls in coal mines. An observation site was set up in intake air at an underground coal mine in central Ohio to evaluate the time-dependent deterioration of moisture-sensitive roof rock. By periodically collecting and weighing the rock falling from the roof, the National Institute for Occupational Safety and Health (NIOSH) was able to quantify the deterioration of the moisture-sensitive shale roof. The measurements showed that more roof rock is falling in the dry winter months. Movements in an intersection were monitored in order to determine if deformation correlated with seasonal changes in temperature and humidity. The rate of intersection roof-to-floor convergence was found to be cyclical and related to seasonal changes, with more convergence during the months of April through September. At the study site intersection, the roof beam did not show deflection indicating movement most likely due to mine floor deformation. The bolt load also increased in the warmer months before shedding load, possibly due to rock failure. Temperature and relative humidity sensors, placed in holes in the roof show that mine air does not mix with the air in the holes. Consistent saturation levels of relative humidity were measured in the holes and it appears that high levels of moisture may have migrated into the bolt holes from roof shales. A roof sealant applied to a portion of the test roof appears to be preserving the roof and reducing the amount of rock fall into the entry, while the screened area virtually eliminated rock falling from the roof.

Jan 1, 2009

By Christopher Mark

The first International Conference on Ground Control in Mining opened with the topic of pillar design. Two classic papers were presented, one by Bieniwski and the other by Wilson. Unfortunately, the two methods were so radically different from each other that it was nearly impossible to reconcile them. Adding to the confusion were the many other pillar strength formulas (such as the Salamon-Munro, the Holland-Gaddy, and the Obert-Duvall, just to name a few) that were also available. Little wonder that discussions of pillar design in those days often ended with anguished cries of “but which formula is the right one?” The past 25 years have seen substantial progress in the science of coal pillar design. Indeed, one testament to the improvement is the relative scarcity of papers on the topic at recent Conferences. Two factors have been largely responsible for the progress that has been made. The first has been the collection of large data bases of actual case histories of pillar performance in a variety of settings, from shallow room-and-pillar mines through deep cover longwalls. These have made possible the development of empirical design procedures that are closely linked to real world experience. The second important factor is the development of sophisticated computer models that can accurately simulate pillar behavior and roof/pillar/floor interactions. Together, these two lines of research have led to a new understanding of pillar mechanics that identifies three modes of pillar failure: • Sudden, massive collapse, accompanied by airblast, for slender pillars (width/height<4) • Squeezing, or slow, non-violent failure, for most room and pillar applications (4<w/h<10) • Entry failure or bumps for deep cover and longwall applications (w/h>10) It is particularly satisfying that the insights gained from numerical models broadly support those obtained from the empirical studies. While far less controversial than in the past, pillar design problems continue to arise. One recent example is pillar design for highwall mining. NIOSH has just released a software package, called ARMPS-HWM, which employs a number of modern pillar design concepts. Since highwall mining web pillars are long and slender, the greatest danger is that of a sudden collapse. ARMPS-HWM suggests two possible prevention strategies, one which

By Fookes R. A, Gardner K. J, Gravitis V. L, Watt J. S, Steffner E. J

Two radioisotope techniques suitable for the rapid laboratory determination of the ash content of coal have been tested ou unwashed coal samples from four Australian coal seams. In one techniqne, measurements of backscattered 238Pu L X-rays and iron K X-rays from finely ground coal samples have been combined to determine ash content in uuwashed coals to &#177;0.5 weight per ce111 ash (ls) for three seams and 0.9 weight per cent ash for the fourth.The second technique, which involves measurements of the transmission by the coal of narrow beams of 241Am 60 keV and 123Ba 356 keV ? rays, requires less sample preparat ion. The ash was determined to within the range of 0.8 to 2.6 weight per cent for the four seams (unwashed coal). For washed coals, errors are expected to be &lt; &#177;0.5 weight per cent ash.

Jan 1, 1982

By Edmonds W, Jeffcoat R

The completion of the first two open hearth furnaces in the new No. 2 open hearth plant at Port Kembla will increase Australian production of steel by 350,000 tons of ingots per annum.The paper gives an outline of the essential features of open hearth design and auxiliary equipment required to operate the two modern open hearth furnaces at present being installed.INTRODUCTIONThe increasing demand for steel required by Australian secondary industries led to the decision to construct and operate No. 2 open hearth plant at Port Kembla. Two basic open hearth furnaces of the most modern design are under construction and it is anticipated that these units will be commissi.oned in September 1956. Australian steel capacity will thereby be increased by approximately 350,000 tons of ingots per annum.PLANT LAY-OUT AND CONSTRUCTIONIn the design and lay-out of this plant the emphasis has been on efficient material handling with simplicity of design and operation. Overseas methods were studied and these studies, together with experience gained at Newcastle and Port Kembla open hearth shops, enabled this plant to be built to a standard which compares favourably with any other in the industry.Initially two furnaces, each of 2,75 tons capacity, have been built, but provision has been made in. the design and lay-out to enable expansion to six furnaces.The location of the new plant in relation to the existing units will be noted in Fig. 5. It is one of the first units to be built in an area which will dovetail into a pattern for...

Jan 1, 1957

By T. Weatherwax

As part of a strategic research initiative at UBC to design and evaluate integrated underground mining and mineral processing systems, work has been done to determine how to utilize the coarse rejects of pre-concentration in the underground environment. An amenability study for nine orebodies from four of Xstrata Nickel?s Ontario operations evaluated both processing and waste disposal methods. The utilization of the rejects as a high quality backfill with minimal binder requirements has been identified as the preferred disposal method. Fill mixes utilizing the rejects in combination with classified tailings, full tailings, and cement were developed based on the geotechnical properties of the rejects. The mix designs were examined for both strength and rheological properties. The paper will present the results of the pre-concentration testwork, the design and strength testing of various mix designs for rejects from the nine ores and presents a conceptual design for an underground pre-concentration system based on this test work.

Jan 1, 2008

By Barrick Pierina, John Frostiak, Igor Gonzales, Kenneth G. Thomas, Ken Manning

"1.0 SummaryThe Pierina deposit was acquired in August 1996 when Barrick Gold Corporation purchased Arequipa Resources, a junior mining company with extensive land positions in Peru. At the time of acquisition, Arequipa had developed two exploration tunnels and drilled 9 exploration holes on the property. Metallurgical tests, conducted on samples taken from the tunnels and the exploration holes indicated that the ore was amenable to heap leaching. Barrick’s exploration team recognised from the outset, the potential of the mineralisation and convinced Barrick’s senior management that this was indeed a world class deposit that should be pursued. On November 25, 1998, the first dore was poured at Pierina, 27 months from the time of acquisition. During that period Barrick completed its exploration programme, prepared a development plan including capital and operating costs, production profiles and cash flow forecasts, and a schedule to develop a mine and construct a leach pad and gold recovery plant, including all supporting infrastructure. All permits and environmental approvals were obtained and all necessary land was acquired. The project was completed on schedule and under budget. This was the first greenfield mine development for Barrick outside of North America.This paper details, mainly, the research and development, engineering, construction and commissioning of the metallurgical process facilities.2.0 The Develonment ProgrammeImmediately after the acquisition, Barrick began the process of gathering information required to prepare a project development plan. Kilborn Engineering was retained to assemble all of the information collected and collated into a development plan document. This document was completed by June 16,1997. The objective was to bring the mine into production as quickly as possible with critical activities identified as follows:"

Jan 1, 2000

By P Stoker

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Mining and exploration properties have a unique set of technical risks. Privately-owned companies considering investing in the resources sector can optimise their investment decisions by adopting a systematic technical assessment of acquisition assets, similar to the approach commonly adopted by public financial institutions and publicly-listed companies.Technical due diligence provides a process to identify key geological, mining, geotechnical, metallurgical, environmental and social risks and opportunities and determine the most likely business case and valuation of assets. Technical due diligence is commonly carried out in parallel with legal, commercial and financial due diligence, often involving the acquirer, to maximise the understanding of the investment.There are significant advantages in investors conducting a comprehensive technical due diligence, which typically involves site visits and project assessment to international standards by an independent, multidisciplinary team of experts. The outcomes provide the opportunity for the investor to make early, informed decisions and to understand and manage risks.Technical due diligence may be carried out at several stages: when considering and weighing up a number of investment options, prior to and during a transaction or immediately post-transaction. In the first stage, the outcomes will inform the choice of investment and, more particularly, whether there are any fundamental flaws in the projects being considered. In the second stage, due diligence outcomes can inform the level of investment and approach to risk management and planning. In the third stage, risks and opportunities can be investigated in more detail, allowing the investor to consider the best options to reduce risk and maximise the benefit of the investment.This paper presents a summary of the technical due diligence assessment process, its benefits to investors, common risks in mining and exploration projects known to cause mining asset write-downs and principal technical due diligence approaches.CITATION:Keogh, A, Stoker, P and Thomas, M, 2015. Benefits of due diligence in private equity mining investments – maximising value and unearthing common risks , in Proceedings PACRIM 2015 Congress, pp 115–126 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015