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By Scott Rosenthal

?EMESRT History ?Design Philosophies (DP?s) ?Industry Successes ?Participation Thinking Differently Earth Moving Equipment Safety Round Table ? Use a critical mass to influence Marketing ? Define ?Problems?not ?Solutions? ? Leave the OEM designers to develop solutions Work within the companies to improve purchasing

May 1, 2010

By D. R. Boyle

"The Murray Brook precious metal (Au, Ag) gossan deposit is one of nine supergene mineral deposits that have developed over polymetallic massive sulfide deposits in the Bathurst Camp of New Brunswick. Reserves consist of 1.9 Mt of gossan containing 1.53 g/t Au and 65.9 g/t Ag. The supergene zone at Murray Brook consists of six distinct units: a) altered massive sulfide, b) pyrite-quartz sand, c) massive sulfide gossan, d) disseminated sulfide gossan, e) ferruginized wallrock, and f) leached bedrock. The massive sulfide gossan constitutes the main body of economic mineralization and consists of goethite, primary quartz, secondary amorphous silica, K-Fe-Pb-As- Sb-Ag hydrated sulfate and oxide minerals (beudantite, plumbojarosite, jarosite, bindheimite, scorodite), trace cinnabar, and cassiterite of primary origin. The order of stability of sulfide minerals during oxidation was pyrite _ arsenopyrite _ galena _ Bi-Sb sulfosalts _ chalcopyrite _ tetrahedrite group _ sphalerite.Two mass balance techniques (isovolumetric and conservative element) indicate elemental depletion in gossan relative to primary ore in the order: S>Cd=Zn>Cu=Mn>Na=Ca>Fe=Al=V> Mg= K=Se=Hg>Pb>Ti>Ag>Mo=P>Ba; and enrichment in the order Au>As>Sb>Si>Bi. Tin, as cassiterite, is conservative.Mineralogic and paleomagnetic data suggest that the gossan deposit formed under a warm temperate climate throughout the Pliocene. The rate of oxidation and the compositional nature of the ore was significantly influenced by: a) the position of the primary sulfide zone in a downward moving hydrological system, b) primary sulfide composition and zonation that promoted the development of a strong electrochemical oxidation system, and c) pronounced intercalation of carbonate and sphalerite mineralization in sulfide zones, which promoted rapid development of secondary porosity, permeability and downward flow of oxygenated groundwater.During progressive oxidation and physico-chemical erosion of the gossan zone, Au was transported downward in groundwaters, probably as a Auo colloid complex, to be concentrated in the lower horizons of the gossan profile. The precipitation of Au was greatly increased in the pyrite/arsenopyrite zones. Gold concentration was multi-cyclic with continual dissolution and nucleation of the metal until final concentration in the void structures of the gossan. Leaching experiments and microprobe analyses indicate that Au is present in the gossan as submicron composite sols of Au-Ag-silica."

Jan 1, 1995

By D. R. Boyle

"Abstract - The Murray Brook precious metal (Au, Ag) gossan deposit is one of nine supergene mineral deposits that have developed over polymetallic massive sulfide deposits in the Bathurst Camp of New Brunswick. Reserves consist of 1.9 Mt of gossan containing 1.53 g/t Au and 65.9 g/t Ag. The supergene zone at Murray Brook consists of six distinct units: a) altered massive sulfide, b) pyrite-quartz sand, c) massive sulfide gossan, d) disseminated sulfide gossan, e) ferruginized wallrock, and f) leached bedrock. The massive sulfide gossan constitutes the main body of economic mineralization and consists of goethite, primary quartz, secondary amorphous silica, K-Fe-Pb-As- Sb-Ag hydrated sulfate and oxide minerals (beudantite, plumbojarosite, jarosite, bindheimite, scorodite), trace cinnabar, and cassiterite of primary origin. The order of stability of sulfide minerals during oxidation was pyrite > arsenopyrite > galena > Bi-Sb sulfosalts > chalcopyrite > tetrahedrite group > sphalerite.Two mass balance techniques (isovolumetric and conservative element) indicate elemental depletion in gossan relative to primary ore in the order: S>Cd=Zn>Cu=Mn>Na=Ca>Fe=Al=V> Mg= K=Se=Hg>Pb>Ti>Ag>Mo=P>Ba; and enrichment in the order Au>As>Sb>Si>Bi. Tin, as cassiterite, is conservative.Mineralogic and paleomagnetic data suggest that the gossan deposit formed under a warm temperate climate throughout the Pliocene. The rate of oxidation and the compositional nature of the ore was significantly influenced by: a) the position of the primary sulfide zone in a downward moving hydrological system, b) primary sulfide composition and zonation that promoted the development of a strong electrochemical oxidation system, and c) pronounced intercalation of carbonate and sphalerite mineralization in sulfide zones, which promoted rapid development of secondary porosity, permeability and downward flow of oxygenated groundwater.During progressive oxidation and physico-chemical erosion of the gossan zone, Au was trans- ported downward in groundwaters, probably as a Auo colloid complex, to be concentrated in the lower horizons of the gossan profile. The precipitation of Au was greatly increased in the pyrite/arsenopyrite zones. Gold concentration was multi-cyclic with continual dissolution and nucleation of the metal until final concentration in the void structures of the gossan. Leaching experiments and microprobe analyses indicate that Au is present in the gossan as submicron composite sols of Au-Ag-silica."

Jan 1, 1995

By J. Bouchard, A. Desbiens, M. Maldonado, R. del Villar

ABSTRACT: Despite many years of practical applications in mineral processing plants, the potential of column flotation has still not been fully exploited. The challenge in measuring some key variables is certainly an important contributing factor to this situation. Reliable online measurement of variables, such as the froth depth, bias, gas hold-up, frother concentration, bubble surface area flux, and bubble size distribution, provides opportunities for the application of various advanced control strategies and real-time optimization based on an economic criterion. For several years, Université Laval’sLaboratoire d’observation et d’optimisation des procédés researchers have been working on these opportunities. This paper describes the most recent advances and current research trends.

Jan 1, 2011

By T. Lux, H. -J. Krassnig, I. Filzwieser, E. Hecker, R. Degel, A. Filzwieser

Non-ferrous metals find their applications in smartphones, tablets and computers. These materials with their particular properties are the basis of our modern life. SMS group is well prepared for this huge market and for growing future challenges. A large contribution here is the new joint venture PolyMet Solutions that was founded by SMS group and Mettop, an Austrian engineering company, with the objective to develop new technical solutions for the primary copper production lines as well as for non-ferrous metals starting with the primary smelting of concentrate and ending with the electrolysis. PolyMet Solutions provides the process know-how whereas SMS group supplies the plants and equipment and Mettop the key components. SMS group and Mettop also cooperate in the field of tankhouse technology. Together with Montanwerke Brixlegg AG, Mettop has developed together with a parallel flow technology (METTOP-BRX Technology), allowing a current efficiency of above 98 % at a current density of 420 A/m², which is a milestone in copper electrolysis. For the secondary copper production route, SMS group and PolyMet Solutions developed an innovative refining furnace (PolyRefine) for the smelting and refining of copper scrap. The refined copper is directly charged to the Contirod line to produce copper rods and wires. The innovative cooling solutions of SMS and PolyMet Solutions come into play where furnaces have to stand the highest loads and stresses, for instance in areas of very high temperatures or temperature fluctuations, aggressive exhaust gases and slags, or at critical spots such as taphole areas. Custom-tailored cooling systems for furnace vessels make sure varying loads are compensated in a targeted and effective manner. The solutions include air cooling, spray cooling, cooling technologies with integrated copper elements such as CFM (Composite Furnace Modular) cooling systems, plate and finger coolers. The major innovation in the field of furnace cooling is the ILTEC (Ionic Liquid Cooling) Technology which paves the way for increased plant safety. This revolutionary, patented cooling technology is jointly marketed by Mettop and SMS group. It permits water-free cooling to be implemented and thus makes operation safe wherever it is applied. INTRODUCTION Non-ferrous metals or NF metals are changing the world. There is no modern industrial sector that can do without these valuable metals. Non-ferrous metals find their applications in smartphones, tablets and computers. These materials with their particular properties are the basis of our modern life. The importance of the non-ferrous metals market is reflected by two figures. In 2018, the production of non-ferrous metals was worth more than 237 billion Euros. This contrasts with 255 billion Euros of the value of iron and ferro- alloy production in the same year (International Organizing Comittee for the World Mining Congresses, 2018). Hence, the NF metal industry is almost as important as the iron and steel industry. SMS group is well prepared for this huge market and for growing future challenges. A large contribution here is the new joint venture PolyMet Solutions that was founded by SMS group and Mettop, an Austrian engineering company, with the objective to develop new technical solutions and to enhance customer value. The prices of nearly all metals have come under pressure during the past few years. Therefore, competitive technologies are regarded a crucial factor to achieve success in this critical market situation respectively to stabilize the market position.

Jan 1, 2019

By S. M. Grillo, M. Fiori, R. Bornioli, C. Marini, S. Fadda

The Na-feldspar orebodies in Sardinia occur along structures belonging to a regional ENE-WSW system that developed during the late stages of the Hercynian orogeny, and that was reactived during the Alpine orogeny. The main petrographic facies include granitoids, albitized granitoids, albitites (more or less rich in quartz), and albitites containing Mg minerals. Field observations and petrological and geochemical data point toward a metasomatic origin for the albitite orebodies. Albitization involved depletion of K from K-feldspar and biotite, dissolution of free quartz, and a lowering of Sr/Na2O and CaO/Na2O ratios in the protolith, under conditions of a positive thermal gradient. The absence of later K-metasomatism implies that, during a subsequent decline in temperature, the composition of the albitizing fuids was modified by an influx of meteoric or other waters. Copyright © 1996 Canadian Institute of Mining, Metallurgy and Petroleum.

Jan 1, 1997

By I. Filzwieser, M. B. Hanel, A. Filzwieser

The paper describes the current density increase within the last 150 years. From the beginning in 1885 at 30 A/m² up to the highest used current densities nowadays at 420 A/m² towards future pathways were even 1000 A/m² can be achievable. A short tour through history will highlight the milestones of the process of electrolytic refining of copper. Besides the improvement of the existing technology, the biggest changes leading to higher possible current densities are linked to the introduction of the ISA stainless steel plates and the introduction of the parallel flow principle. Furthermore, the parameters influencing the limitations regarding current density and therefore the practical used current density as well as the influence from the chemical composition of the electrolyte is discussed. Finally, the possibility of further increasing the current densities by enhancing the relative movement between electrolyte and electrode will give an outlook about the future of the copper electrolysis process. INTRODUCTION The current density is the most important characteristic to describe the productivity of a copper refining electrolysis besides the characteristic number for the electrical efficiency. Over the last 150 years, current density has risen from a few amperes per square meter to over 400 A/m² without any significant change in the principle of electrolytic refining. This increase in current density is documented exemplary by the electrolysis of Montanwerke Brixlegg in Austria (Brixlegg, 1963, 2013). The very beginning of the technology of electrolytic refining of copper was first patented in England by James Elkington in 1865 and the first electrolytic copper refinery was built in Newark, New Jersey, in 1883 (Armstrong, 1999). The secondary smelter Montanwerke Brixlegg, Austria, has been operating an electrolysis plant since 1884. In 1988, the third "Mount Isa" electrolysis plant worldwide and the first in Europe was put into operation in Brixlegg. Since 2010, the so-called high-current electrolysis (parallel flow METTOP-BRX Technology) with a current density of approx. 400 A/m² has been operated in half of the electrolysis process.

Jan 1, 2019

By A. J. Rigby

The wear mechanisms of the tuyere lines of Peirce-Smith and Hoboken converters are a subject of endless debate and speculation. However, there has been an indication that one of the primary factors in the deterioration of tuyere lines is due to the batch operation of the converting process. The cooling of the brick in the tuyere line during out-of-stack times leads to shrinkage of the brick and resultant opening of the joints. Subsequently, on re-entry of the tuyere line into the bath, the joints become penetrated with matte and re- expansion of the brick is prevented. It is thought that this regular cycle of exiting the batch for slag skimming and replenishment of matte and re-entering for further blowing leads to a gradual “ratcheting” of the tuyere brick lining. If no expansion allowance is furnished between the endplate and the endwall of the lining, then the generation of damaging compressive stress is unavoidable. INTRODUCTION It is generally accepted industry-wide that the integrity of a refractory lined vessel is determined by an inextricable combination of refractory brick quality, the caliber of the lining design and installation, and the severity of the process inflicted upon the high wear areas of the vessel lining. Rigby has summarized the concentrated attempt, over the past several years, to optimize the microstructural, chemical, and fracture properties of the refractories used in non-ferrous pyrometallurgical vessels. Furthermore, lining design concepts involving larger and longer brick and the extent and positioning of expansion allowance in the joints have been extensively trialed. All these efforts have provided some, but not startling, improvements. The simple fact is that a vessel lining composed of bricks with an optimized microstructure and chemical inertness must installed with a well-conceived design to decompress the lining stresses that are generated by the batch operation of copper converters. REFRACTORY QUALITY Converting is conducted by injecting air into the molten matte and white metal for the very purpose of generating iron and copper oxide slags. These slags must be contained by a refractory which, by its mineralogical formulation, is optimized for chemical inertness.

Jan 1, 2019

By A. I. Gorshkov, Y. A. Bogdanov, O. Y. Bogdanova

Abstract - Detailed crystal-chemical study of iron and manganese oxides and some other minerals from low-temperature hydrothermal deposits in a newly discovered inactive mound in the TAG hydrothermal field were used to determine the precipitation sequence of mineral phases during lowtemperature processes and their post-sedimentary transformations. Particles of primary sedimentary X-ray amorphous proto-ferrihydrite with high silica content were replaced in situ by nontronite, ferrihydrite, or goethite during alteration. Ferrihydrite is the only proto-hematite phase. The transformation of the iron minerals, related to change in the physicochemical environment, is an important characteristic of low-temperature hydrothermal processes. The occurrence of hydrogenetic Fe vernadite and Mn feroxyhyte in the uppermost part of low-temperature deposits and bottom sediments near the base of the mound is evidence for cessation of low-temperature hydrothermal processes. Among the investigated mineral phases, goethite, nontronite, and hematite are stable in reduced sediments only.

Jan 1, 1999

By N. Katsikaros, A. Lewis-Gray, P. Richards

"To optimize gold recovery in complex leach-to-electrowinning processes, Gekko Systems developed the Gekko resin exchange column (G-REX) as an intermediate step, using a highly gold-selective resin to isolate contaminant metals. The AuRIX®100 resin produced by Purolite is licensed exclusively to Gekko, with the G-REX column designed specifically for this resin. Operational experience has been gained at the Castlemaine Goldfields Ballarat gold mine. In near-continuous operation since 2008, the Ballarat plant treats unclarified concentrate leach solution. The extension of this technology to higher throughputs and more complex chemistry is discussed.RÉSUMÉ Afin d’optimiser la récupération de l’or dans des procédés complexes impliquant la lixiviation suivie de l’extraction électrolytique, Gekko Systems a développé la colonne Gekko de résines échangeuses d’ions (G-REX) comme étape intermédiaire, à l’aide d’une résine hautement sélective pour la récupération de l’or qui permet d’isoler les métaux contaminants. Gekko détient la licence exclusive pour la résine AuRIX®100 produite par Purolite, et la colonne G-REX a été spécifiquement conçue pour cette résine. C’est à la mine d’or Ballarat de Castlemaine Goldfields que l’expérience opérationnelle a été acquise. L’usine de Ballarat, en exploitation quasi-continue depuis 2008, traite une solution concentrée non clarifiée de lixiviation. L’extension de cette technologie à des capacités supérieures et à une chimie plus complexe est examinée."

Jan 1, 2017

By P. Langlois, G. Labonté, J. J. Barrett, J. Holmes

"The Voisey’s Bay mill processes a high-grade pentlandite and chalcopyrite ore in a largely pyrrhotite/troilite matrix. From 1994 to 1997, circuit development focused on making a 14% nickel concentrate. When flowsheet development resumed in 2001, the target grade was raised to 20% ni. initially triethylene tetramine and sulfite pyrrhotite depressants were used in a lime circuit, but by recycling process water and the contained thiosalts, the required nickel grade was made without depressants. construction of the mill was fast-tracked, with start-up in september 2005. ramp-up was faster than other recent nickel installations, with tonnage being limited by concentrate dewatering due to higher-thanexpected ore grades.RÉSUMÉ l’usine de traitement de Voisey’s Bay traite un minerai à teneur élevée en pentlandite et chalcopyrite dans une matrice formée surtout de pyrrhotite/troïlite. De 1994 à 1997, le développement du circuit ciblait la production d’un concentré à 14 % de nickel. lorsque le développement du schéma de traitement a été repris en 2001, la teneur cible a été élevée à 20 % de ni. initialement les déprimants triéthylènetétramine et sulfite de la pyrrhotite étaient utilisés dans un circuit à la chaux; cependant, en recyclant l’eau du procédé et les sulfosels qui y sont contenus, la teneur en nickel a été atteinte sans utilisation de déprimants. la construction de l’usine de traitement a été accélérée et elle a démarré en septembre 2005. la mise en opération a été plus rapide que pour d’autres installations récentes de nickel; le tonnage traité étant limité par le séchage du concentré en raison des teneurs de minerai plus élevées que prévu."

Jan 1, 2017

By J. Locat, G. Parker, D. Turmel

ABSTRACT Since 1964, the Iron Ore Company of Canada has deposited iron ore tailings into Wabush Lake in western Labrador, Canada. From 1999 to 2008, the authors completed multibeam bathymetric and sampling surveys and an airborne LiDAR survey. These data were integrated to study the evolution of the tailings delta shoreline and lakebed elevation. Subaqueous channels evolved between surveys, influencing the tailings depositional pattern. With this analysis it is possible to evaluate the effect of disposal strategies on the delta topset and tailings accumulation. This project uniquely couples marine and terrestrial techniques to follow the fate of tailings in a dispersal system.

Jan 1, 2014

By S. B. Kang

Magnesium has poor ductility at temperatures lower than 225°C and, as a result, Mg alloy sheets are produced via fairly complex thermomechanical processes consisting of numerous sequential steps of hot (warm) rolling with low reduction and intermediate recrystallization annealing operations. In context of the present study, a simple technology for the fabrication of magnesium sheets by hot (warm) rolling was applied to various magnesium alloys. The misch metal addition in those AZ alloys was done to evaluate the deformation behavior. Tensile tests were carried out for those AZ alloys after applying different heat treatments. The precipitation of ß phase (Mg17Al12 phase) induced different microstructures with various cooling method from solution treatment temperature, and also with various annealing treatment temperatures.

Jan 1, 2006

By Riggin P. R.

"IntroductionIndustrial Relations combines two very important relationships - employee relations and union relations.Employee relations always come into play when people are hired to perform tasks. Because mineral processing plants cannot be operated successfully without people, at least not yet, if they ever will be, employee relations must exist in an operatingplant.If the employees choose to be represented by a union, then a relationship with the union as an institution also comes into play. It is very important to note that unionization does not mean that the employee relationship is replaced by a relationship with the union. The latter is superimposed on the former, but it does not replace it. Similarities and overlaps in the two relationships will be present, some of which are of fundamental importance. Nevertheless, they are two different relationships and the reader should bear this in mind when reviewing those parts of this chapter which discuss unionization, collective bargaining, collective agreements, and work stoppages.These two important relationships, which we have chosen to combine and call industrial relations, have crucial roles to play in the social system which interrelates people performing the necessary tasks involved in the operation and maintenance of a plant. The technological organization - equipment, process layout and so forth - and this social system are interdependent and complementary. This chapter attempts to show that the potential level of effectiveness of both the technological organization and the social system depends on the recognition and nurturing of this nexus between them.Occupational health and safety and training are subjects for another chapter. But, both of these have been critical and longstanding employee relations topics . They are destined to take on added importance in the future. As issues in collective bargaining, they are also attracting increasing attention in all union relations. It is hoped that the reader will not isolate from industrial relations those topics which are being dealt with in another chapter. They are very much a part of it and we cannot refrain from making some reference to them."

Jan 1, 1989

By K. C. Sole, G. Robinson, M. S. Moats, W. G. Davenport, S. Sandoval

Global practice in hydrometallurgical production of copper cathode by electrowinning is reviewed, based on individual plant operating data for 2018. Data from 29 plants were collected, representing 38% of world cathode copper production. Similar surveys were carried out in 1997, 1999, 2003, 2007, and 2013. This survey includes analysis of historical and current data. Evolving trends in operating conditions and performance, as well as equipment design and process technology choices, are analysed and differences in operating practices with location are assessed. Examples of recent technology and operational choices to increase productivity, improve copper quality, and decrease electrical energy consumption are discussed. Significant project expansions, particularly in Africa, and the consolidation of numerous small Chinese operations are also presented. INTRODUCTION Global trends and operating practices in copper electrowinning (EW) in 2018 are reviewed and evaluated. Similar world and African surveys were carried out in 1997, 1999, 2001, 2002, 2003, 2007, and 2013 (Robinson, Davenport, & Jenkins, 1997; Jenkins, Davenport, Kennedy, & Robinson, 1999; Davenport, Jenkins, Robinson, & Karcas, 2001; Robinson, Garbutt, & Davenport, 2002; Robinson, Davenport, Jenkins, King, & Rasmussen, 2003; Robinson, Davenport, Moats, Karcas, & Demetrio, 2007; Robinson, Sole, Sandoval, Moats, Siegmund, & Davenport, 2013). Contributing operations included sites from the USA and Mexico (9), Chile and Peru (6), Laos (1), Kazakhstan (1), and Africa (9). Despite fewer contributions compared with past experience, this survey nevertheless represents 2018 copper EW cathode production of 1.76 Mt, or about 38% of world production of 4.64 Mt (International Copper Study Group, 2017). This drop in permission to contribute is attributed to the more competitive nature of the industry and unprecedented production pressures; furthermore, several operations in Australia have shut down, while large operations that are currently commissioning or ramping up to full production in Africa and Asia declined to participate. Of the Chinese operations, which represent an increasingly important proportion of global electrowon cathode copper, particularly in Africa, only Tenke Fungurume (Democratic Republic of Congo; DRC) participated in this survey.

Jan 1, 2019

By N. Kubo

Sumitomo Toyo Copper Smelter and Refinery was commenced in 1971, and its production capacity of sulfuric acid was 550tpd at the beginning. In 2001 Toyo Copper Smelter and Refinery projected to expand its copper production capacity to 450,000tpy, and now the project is still in progress. To achieve this expansion project, 4,000tpd of sulfuric acid production capacity is necessary to the acid plant. So as a part of this project, the construction of the new converting and absorbing line and the improvement of the existing converting and absorbing line were carried out from 2001 until 2005. Then the production capacity of these 2 lines has already reached the target, 4,000tpd of sulfuric acid. Moreover, at the design of the new line, we adopted several latest technologies and materials in order to construct the world's leading acid plant. Basing on the operation performance of the new line, we have improved the existing line in 2005. Both of these 2 converting and absorbing lines are working quite well and contribute to big energy saving and excellently stable operation. Cu2007

Jan 1, 2007

By S. M. Grillo, Fiori. M., R. Bornioli, C. Marini, S. Fadda

Abstract - The Na-feldspar orebodies in Sardinia occur along structures belonging to a regional ENE-WSW system that developed during the late stages of the Hercynian orogeny, and that was reactived during the Alpine orogeny. The main petrographic facies include granitoids, albitized granitoids, albitites (more or less rich in quartz), and albitites containing Mg minerals. Field observations and petrological and geochemical data point toward a metasomatic origin for the albitite orebodies. Albitization involved depletion of K from K-feldspar and biotite, dissolution of free quartz, and a lowering of Sr/Na2O and CaO/Na2O ratios in the protolith, under conditions of a positive thermal gradient. The absence of later K-metasomatism implies that, during a subsequent decline in temper- ature, the composition of the albitizing fluids was modified by an influx of meteoric or other waters.

Jan 1, 1996

By Cesar H. Oboni

The development of specific risk-based methodologies to guide and prioritize clearing decisions in countries contaminated by Unexploded Ordnance and Land Mines (generically defined as Explosive Remnants of War: ERW) either at country-wide scale or road-network-scale was used in an unexpected way when a large mining company asked Riskope (www.riskope.com) to develop a multi-modal transportation network risk assessment plan, which included ocean going vessels, ports, wharves, railroad, trucking and other modes of transportation. What had been a first-in-the-world attempt in the humanitarian landmine clearing industry turned out to be extremely useful and equally innovative in the extractive corporate world. Instead of a country contaminated by man-made hazards such as Explosive Remnants of War (ERW) we were now dealing with a very complex multi-modal transportation system afflicted by all sorts of potential hazards from quakes to climate change, sabotage to labour strikes, and vulnerable infrastructures to potential energy crises. Interestingly enough the method developed to deal with ERW risk based clearing was also capable of solving the transportation risk evaluation problem, after necessary customization. This paper shows how ?out of the box? thinking and industry cross dissemination can bring significant evolution and a competitive edge even to unexpected areas of the world-wide mining industry. The results of the logistic system risk assessment shed new light on the management of the system, changed the way insurance coverage was purchased, and led to significant potential cost reductions in a period of global recession.

May 1, 2010

By Fathi Habashi

Extraction by organic solvents is a chemical process in which metal species in the aqueous phase react with an organic reagent to form an organometallic com- plex, thus, the metal species leave the aqueous phase and enter the organic phase from which it can be stripped back in the aqueous phase to obtain a pure and a concentrated solution. The metal in the organic phase is not bound to carbon atoms as in organometallic compounds but to oxygen, nitrogen, sulphur, or hydrogen by a co-ordination (dative) bond (Habashi, 1999).Solvent extraction was used for the first time in hydrometallurgy in connec- tion with the special and urgent materials requirements of nuclear energy during World War II. A plant was constructed in the United States for the preparation of high-purity uranyl nitrate solution. In this plant, the yellow cake (a high-grade sodium or ammonium uranate) was dis- solved in HNO,, and uranium was selec- tively extracted by ether then stripped by water to give a concentrated solution of pure uranyl nitrate. This was gradually followed by developing methods for other high-priced metals such as plutonium, thorium, niobium, tantalum, zirconium, hafnium, boron, beryllium, and molybde num. The second step took place in the 1960s when solvent extraction was applied for the first time to extract a rela- tively cheap metal-copper. At present, solvent extraction technology is wide- spread, well accepted, and highly efficient. Solvent extraction had its origin in the discovery, by Christian Friedrich Bucholz (1770-1818) in 1805, that uranyl

Sep 1, 1999

By E. Tulcanaza

Mining companies normally establish exploration and research programs originated with actions in embryonic stage. At their early stages of development, these exploration and technological activities are subject to uncertainties that need, first, to be resolved, deciphered or, at least, mitigated for information reporting; and later, for valuation reporting. Under these circumstances, these exploration activities follow a sequence of development phases that range from exploration work to the profile, conceptual, and finally to basic engineering phases and construction. For information reporting, the International Template for Reporting of Exploration Results, Mineral Resources and Mineral Reserves integrates the minimum standards being adopted by the relevant professional bodies in Australia, Canada, South Africa, Chile, USA, UK, Ireland, and other European countries which set up the Committee for Mineral Reserves International Reporting Standards (CRIRSCO, www.crirsco.com). These standards are based on the progressive collection of relevant information to reduce present and future uncertainties over time under a context of transparency, materiality, and technical competence. For valuation reporting several procedures have been disclosed and applied. However, in the last decades financial instruments such as real options, decision analysis, and games theory have developed into a niche of great potential for mine valuation applications. The objective of this paper is to provide a summary of the information reporting standards prepared by the Chilean National Commission for the Qualification of Competent Persons in Mineral Resources and Mineral Reserves and show a procedure and an application of real options to the valuation of the sequential development phases of a mine asset from the exploration stage through up to full development.

Jan 1, 2007