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By C. R. Larsen, R. G. Bradburn, A. L. Mular, B. C. Flintoff

"Following the acquisition of grinding- circuit data at Brenda Mines Limited for simulation purposes, various methods to mass balance the circuit were evaluated. Unfortunately, different answers were obtained for different balancing methods. A data-adjustment procedure was therefore developed. The procedure assumes that all ""best-fit"" criterion. A search is conducted with the minimum set of water masses and narrow size ranges of solids around the circuit (called search variables), which permit the computation of any of the measured data points. Search variables are used to calculate measured values for an objective function of the form: [ ] where W, is a weighting factor•, M1 is a measured value and M. is a corresponding . value calculated from search vanables. The best values of M, are those which minimize R. The above method is compared with others that have been utilized for mass balancing circuits."

Jan 1, 1976

Reaction between xanthate ions in solution and oxidized compounds present on the surface of galena to form lead xanthate is considered to be a side reaction not contributing to flotation, although accounting for some consumption of reagent. The direct reaction of lead sulphide with xanthate and oxygen to form lead xanthate is the most significant to flotation. Coadsorntion of dixanthogen is also involved. Previous work has shown lead recovery in lead rougher flotation to be a function of m [H+] where: m = concentration of xanthate in solution rHl = hydrogen ion concentration. A plausible explanation for this relationship is suggest-ed. Likewise, the experimental findings that the amount of xanthate adsorbed under certain conditions is a function of m'[H+] are explained in terms of reaction between xanthate ions and soluble basic lead salts such as PbO.PbS04? It is also shown that m[H+] should have a constant value in lead cleaners operating at a higher pH than the roughers. This conclusion is confirmed by plant data, and the value of the constant agrees well with the calculated value. The finding is useful in mill control.

Jan 1, 1965

By Lars A. Bergstrom

High-voltage direct -current transmission is a relatively new technology. The successful development and operation of AC/DC converters, capable of handling large power blocks, have made HVDC transmission generally accepted by utility engineer s and planners around the world. HVDC technology still has significant development potential and, as a result, it is expected that equipment costs will escalate at a substantially slower rate than those of conventional AC equipment. This development will also result in still more compact terminal stations. This paper reviews two modern HVDC installations. In Zaire in Africa. a 1700-km overhead DC line rated at 500 kv, will supply power to the copper mining district in the Shaba region. Another HVDC link connects Norway and Denmark through a submarine cable rated at 250 kv. This is the longest HVDC cable in the world, 127 km, and the water depth , maximum 530 m, is also much greater than for any previous similar cable. The reasons for selecting HVDC are discussed, and the design and layouts are presented.

Jan 1, 1978

By C. S. Ha, H. S. Choi, D. Y. Shin

POSCO installed a new 100 ton oxygen bottom-blown converter in 2013 for the development of new steelmaking process named as PS-BOP which is reading POSCO-Saarstahl Basic Oxygen Process. This process was developed by the collaboration research between POSCO and Saarstahl AG in Germany that is based on substantial increase of CO post combustion in a converter by blowing hot air from the top of converter. The collaboration research has been finished successfully in November 2013 with 17% decrease in hot metal ratio (HMR) when hot air was blown from the top of the oxygen bottom-blown converter. After the collaboration research the converter has been tried to be operated as oxygen top and bottom-blown converter to reduce bottom wear and to decrease production cost with increased use of low cost Fe source by the help of increased CO post combustion. The presentation includes experience on the start up of oxygen bottom-blown converter, HMR reduction trials with hot air top blowing and transition from oxygen bottom-blown to top and bottom-blown converter operation.

Jan 1, 2015

By V. Gangrade

Recirculation is the major concern associated with the utilization of booster fans. In controlled recirculation, a portion of the return air is purposely mixed with the intake air and the mixture is directed towards a working district, while the air quantity and gas concentrations in the air are closely monitored and managed. The objectives of this study were to determine the gas concentration in intake and return airways during controlled recirculation, and to determine the recirculation fraction for multiple headings. Experiments were conducted in a laboratory model to determine the effect of controlled recirculation on the quality of air circulated through the working faces. Preliminary results showed that recirculation is beneficial to ventilation planning because it reduces the build-up of air contaminants at the working faces and reduces the overall power consumptions. The experimental results were used to quantify the recirculation fraction and to calibrate ventilation models of the laboratory model. These models are used to simulate the controlled recirculation and to predict the gas concentrations in multiple headings.

Aug 1, 2013

By Robert Macdonald, William Coombe, John F. Lewry

Gold occurrences have been known in the La Ronge Domain for many year . Mineable reserves have more recently been outlined and there is every prospect of a major gold camp being established in the domain within this decade. The La Ronge Domain lies in the Lower Proterozoic 'Trans-Hudson Orogen' and is part of a collage of Early Proterozoic crust comprising volcanoplutonic arcs, batholiths, associated volcaniclastics and volcanogenic sediments lying between the Superior Craton to the outheast and the reworked Archean basement/Aphebian cover terrain to the northwest. The domain has several lithostructural subdivisions, the most important of whjch , from a gold exploration point of view, is the Central Metavolcanic Belt. This belt is composed dominantly of a range of metavolcanic rocks and gabbroic to granitic intrusives, which geochemically resemble younger subduction-generated 'primitive' arcs developed on oceanic crust. U-Pb zircon geochronology indicates that the arc volcarusm and pre- to late-kjnematic plutonism occurred about 1890 Ma to 1850 Ma ago. The belt has an attained grade of upper greenschist to amphibolite facies and is relatively undeformed , though high strain zones occur locally. Most gold occurrences in the La Ronge Domain have been found in the Star-Waddy Lakes area of the Central Metavolcanic Belt, and in the Sulprude-MacKay Lakes area to the south which is interpreted as a tectonically dismembered part of the main belt. Both tratiformand vein-type gold occurrences are present in the domain; vein-type predominate and form nearly 90 per cent of the occurrences. The stratiform-type occurrences show a regional lithological a sociation with iron-rich sediments within proximal felsic volcanjc sequences. Some vein-type occurrences appear related to brittle fracturing associated with intrusive emplacement (the magmatic-hydrothermal "syn:' and "subvolcanic" veins) and faulting. However, most of the vein-type occurrences exhibit a spatial association with regionalscale ductile shear and other high strain zones, and were probably formed by metamorphichydrothermal processes.

Jan 1, 1986

By C. J. Newman, R. J. St. Eloi, G. Macfarlane

"The Kidd Creek copper smelter has been expanded from its original design of59000 tonnes of copper per year to over 120 000 tonnes per year. Modifications to the process gas handling system and acid plant have been made to accommodate this higher production rate and, generally, to optimize the operation.The gas handling system associated with the continuous smelting process is discussed in terms of boiler accretions and modifications to minimize their impact on operations; design changes to effect reductions in high pressure drop duct configurations; material changes to overcome corrosion and plant additions to improve gas cleaning capability. The acid plant is reviewed with references to changes made to accommodate the increased S02 gas strength resulting from the higher smelting rates. IntroductionThe Kidd Creek Division of Falconbridge Limited is a base-metal mining and metallurgical complex located in Timmins, Ontario. The discovery of the original copper-zinc-silver orebody was announced in April 1964. Mining operations began in 1966 with a 9000 tonnes per day (t/d) concentrator corning on stream in November of that year. In April 1972, a 108 000 tonnes per year zinc plant was conunissioned. Over the years the facilities have been expanded, such that the concentrator now has the capacity to process 13 000 t/d of ore. To expand zinc production, the world's second installation of the Commco/Sherritt pressure leaching facility was completed in 1983 to bring total zinc production capacity to 136 000 tonnes per year. In 1973, serious planning for a smelter operation began. In early 1975, after studying both continuous smelting and flash smelting processes, a decision was made to proceed with the technology offered by Mitsubishi Metal Corporation of Japan. The Mitsubishi Continuous Smelting Process was to be used for the smelter and the Onahama No. 3 tankhouse technology for the copper refinery."

Jan 1, 1994

By D. Yuan, M. Sitter, S. St. Jean, M. Collins

The Ambatovy Joint Venture comprises an operating lateritic nickel mine, ore slurry pipeline, pressure acid leach plant and nickel refinery in Madagascar. The hydrometallurgical process selected by Sherritt for treatment of the Ambatovy ore is a long-term, sustainable approach to producing nickel. Sulphur, used to prepare hydrogen sulphide, which is used to produce mixed sulphide intermediate, is recovered in the refinery as ammonium sulphate fertilizer. Additional sulphur is used to generate sulphuric acid for treatment of the ore in the high pressure acid leach (HPAL) step; fossil fuel consumption is minimized by using the heat generated from the exothermic reaction between sulphur and oxygen in the acid plant to produce power and steam. Steam consumption is minimized by design of efficient flashing and preheat systems for HPAL, while the high temperature of the HPAL step serves to minimize acid consumption. Fossil fuel consumption by the operation as a whole is further minimized by locating the leach plant and refinery near the port of Toamasina and utilizing a 220 km slurry pipeline to transport ore from the mine to the leach plant. In addition, Ambatovy has demonstrated a strong commitment to sustainability programs such as the biodiversity management program at the mine and local procurement in Madagascar. In this paper, the hydrometallurgical process for nickel and cobalt recovery from Ambatovy ore is described, along with highlights of Ambatovy’s approach to sustainability in Madagascar.

Jan 1, 2015

By R. Amata

"The Gakara Rare Earth deposit in Burundi (East Africa) is unique for its high grade (e.g., 54.3% TREO on average) and low uranium and thorium levels. The majority of the light rare earth (RE) elements in material from Gakara are contained within the familiar RE minerals bastnaesite and monazite. Extensive metallurgical test work was conducted by SGS Minerals Services on mineral samples collected from the Gakara deposit. Various whole ore hydrometallurgical processing routes were examined in a scoping level test program. Preliminary beneficiation testing was also conducted, though it was determined that only marginal upgrading would be achieved with significant RE losses. Thus a hydrometallurgical process on whole ore was developed to minimize the overall process complexity and achieve maximum RE recovery. Results from the test work will be presented, along with the selected base case flowsheet involving agitated atmospheric sulphation of the RE minerals, RE double sulphate precipitation, caustic conversion, redissolution, and carbonate precipitation. Following the base case flowsheet, a purified cerium free mixed RE carbonate with low levels of radioactive elements was produced.INTRODUCTIONRainbow Rare Earths Limited (Rainbow) is a mining company engaged in the exploration and development of the Gakara rare earth deposit in Burundi; Figure 1 shows the project location. The project is located in the Bujumbura Province and 45 km from the Burundi capital of Bujumbura. Notable for its exceedingly high in-situ grade – 54.3% on average total rare earth oxide (TREO), low uranium and thorium levels and familiar rare earth minerals, bastnaesite and monazite – Gakara is the world’s richest rare earth deposit. The project, a previously operating mine from 1948–1978, has a significant mineral inventory base, a long life of mine, well understood mineralogy, and robust economics. Rainbow is focused on bringing Gakara into production in the near term, ramping up to produce 5,000 t/y of a 54%+ TREO concentrate."

Jan 1, 2016

By R. G. Helberg, S. M. Rebelo

"Copper and cadmium are removed from the zinc sulphate solution in primary purification by cementation reaction followed by filtration. The solids are sent to the cake leach section where zinc and cadmium are recovered from the copper rich slurry. The copper solids from cake leach are filtered, bagged and sold. In order to achieve a lower cadmium copper cake, an altered process flow is suggested. It is proposed the primary purification be split into two steps for individual removal of copper and cadmium. INTRODUCTIONCopper cake is a product of primary purification, also known as copper and cadmium removal. Copper and cadmium are removed by cementation reaction in four stirred reaction tanks. The slurry is then filtered through Shriver manual plate and frame presses with the solution advancing to the next stage of purification, hot zinc purification (HZP). The solids from primary purification are further processed at the cake leach section where zinc and cadmium are separated from the copper rich slurry. Cadmium and zinc are dissolved in the cold cake leach tanks using spent electrolyte. Cadmium is recovered from this cadmium rich solution by cadmium sponging, leaching and electro-winning circuits. The residue from this cold leach step is further leached using spent electrolyte at a temperature of 85°C. The copper rich solids from hot cake leach are filtered on a drum filter and bagged in 1 ton bulk bags for shipping to buyers.Current assays of copper cake are shown in Table 1. The goal is to produce a copper cake product that is below 0.5% cadmium."

Jan 1, 2012

By A. L. Nunes, J. R. E. Garcia, G. Silva, U. Prasad, C. Rabe

"Drilling through the Guayabal shales, a gray calcareous shale, and the C1 to C100 formations, a well-cemented calcareous-sandstone in Corralillo field, Mexico, is a challenge due to severe wellbore instability problems. Additionally, there has been a history of ineffective reservoir stimulations by hydraulic fracturing. To predict and mitigate these subsurface issues, it is essential to characterize the mechanical properties and rocks strength for a better prediction of borehole stresses and collapse pressure during drilling. Various correlations can be used to estimate and/or determine the unconfined compressive strength but most of them are based on transit time and porosity.In this study, grain size distribution was combined with acoustic travel time, porosity and static Young’s modulus to develop a rock strength prediction model for the turbiditic sandstones of the Chicontepec basin. The main reason this combination of parameters was employed was because of the wide variations in rock strength estimated using traditional porosity-based correlations such as the McNally’s (1987), GMI-Jizba-E’s and Bradford’s (Bradford et al., 1987).To develop a new correlation, a geomechanical and microstructural campaign was initiated. Mineralogy by X-ray diffraction, pore and grain sizes by petrography, clay distribution by SEM and porosity by mercury intrusion porosimetry were measured. Static and dynamic Young’s moduli and Poisson’s ratios were acquired by triaxial and ultrasonic measurements on undisturbed sandstone samples from the Chicontepec basin. More than ten offset wells with wireline data, including transit time, porosity, density, resistivity and gamma ray, were used for reservoir and geomechanical characterizations.Our analyses lead us to propose a new correlation for predicting the uniaxial compressive strength (UCS) of sandstones of the Chicontepec Basin as a function of transit time and grain diameter, both of which can be derived independently from destructive laboratory tests. Our results also highlight the importance and value adding of a combined approach incorporating grain size analysis in the rock strength prediction. The UCS predicted using the transit-time and grain-size-based model presents a median value (P50) of 76 MPa, P10 of 55 MPa and P90 of 89 MPa."

Jan 1, 2015

By Arthur Dubé

An account is given of the developments brought about in the last fifteen years by metallurgical research in the field of heat treatment of steels. The practical aspects of these developments are especially emphasized. Methods of representation of the phase-change during austenitizing and sub-critical transformation of austenite are described and the importance of time-temperature-transformation charts for the planning of heat treatment cycles is shown. Special copies such as retained austenite and internal stresses developed on quenching are also discussed in some detail. Due to the interest shown currently in these problems, it has been thought advisable to describe briefly the underlying principles and present some of the results already available.

Jan 1, 1945

By M. K. Jain, Z. T. Xu, M. Bruhis, V. Hegedekatte

"Strain rate and temperature dependent deformation conditions are present during elevated temperature forming of aluminum and other metallic materials. While many constitutive laws have been proposed to represent such deformation conditions, a closer investigation often reveals their limited applicability in terms of fit to the experimental data, and interpolation within and extrapolation outside of the range of experimental stress-strain curves. This is often because material-specific primary deformation mechanisms of temperature-dependent strain and strain rate hardening are poorly captured. In the present work, the Voce-Kocks constitutive model based on mechanics of dislocations storage and annihilation has been found to be suitable for many metallic materials. The model was modified to include the effect of temperature dependent shear modulus. The modified model is then employed to represent the experimental data obtained from uniaxial tensile tests on AA7075-O sheet at elevated temperatures and strain rates. Also, hot gas bulging tests were conducted to verify the applicability of this model. Further, finite element simulation of the hot gas bulge test was performed by incorporating the model as a user material subroutine. Good general agreement was observed between the experimental and FE model predicted results. Some sources of discrepancy in the prediction are also discussed.INTRODUCTION There has been much interest in light-weighting of automobiles from automotive related industries to reduce overall carbon footprint and increase energy efficiency of the vehicles. Aluminum alloys, and especially the medium-strength 5xxx and 6xxx series alloys, have been the primary focus in the last 3 decades to reach the above environmental goals (Huo, Hou, Zhang, & Zhang, 2016) whereas aerospace industry has traditionally focused on high strength 7xxx series aluminum (Al-Zn-Mg-Cu) alloys for structural components (Deng, Yin, & Huang, 2011). Recently, there has been much interest in high strength 7xxx series aluminum as a replacement for heavier steel automotive structural parts such as A-pillar, B-pillar, side impact beams etc. (Harrison & Luckey, 2014). This is both interesting and challenging since the above aluminum structural parts will need to not only meet impact safety standards but also possess sufficient formability for manufacturing such complex parts. Since the formability of high strength 7xxx series materials is quite poor at room temperature, much interest has focused on improving both formability and final part strength via high rate hot stamping, in-die quenching, and subsequent artificial ageing process steps (Kumar & Ross, 2016)."

Jan 1, 2018

By R. A. McGuire

THE recorded production of the Sheep Creek camp from 1900, when the Yellowstone Mining Company first put its mill into operation, to the present day is in excess of $17,500,000. Of this total, $2,500,000 can be attributed to the early period from 1900 to 1916, at which time increased costs of labour and material due to the Great War forced abandonment of any operations on a large scale for a number of years. Since the camp was revived in 1929, at which time the Reno mine started large-scale operations, and the early 'thirties', when the increased price of gold induced the commencement of operations on other properties in the district, total gross production has been in excess of $15,000,000. In addition to the above totals, intermittent shipments were made by lessees and small operators, principally during the period of inactivity from 1916 to 1929, but no records of this production are available. The Sheep Creek camp would rank fifth in the Province-behind Rossland, Portland Canal, Bridge River, and Hedley-in gross gold production, but, because of relatively inexpensive mining and milling costs, would occupy a more prominent position in regard to total dividends paid. Operating mines at the present time include Reno Gold Mines, Gold Belt Mining Company, Kootenay Belle Gold Mines, and Sheep Creek Gold Mines. Each one of these companies, with the exception of Kootenay Belle, represents a consolidation of several smaller properties, all of which were in existence for a number of years prior to 1929. These four companies, at the present time, own, or hold options on, practically all the important claims in the district with the exception of a very few claims and fractions still held by private owners.

Jan 1, 1942

By Y. Obara, A. Sato

"Limestone is one of the most important mineral resources, and in Japan it is only one mineral which can be fully supplied by the domestic product. Generally limestone mines in Japan located at mountainous regions, and the combination between bench-cut method and the carry-out system using vertical shaft is widely used in the domestic mines. During mining operations, the occurrence of the blockage in the vertical shafts is very serious problem. Once the blockage in the shafts is occurred, a lot of works and dangerous procedures are necessary to solve the problems. It is thought that blockage is influenced by the cohesion and friction coefficient due to clay minerals thrown into the vertical shafts, however, the quantitative and precise reason is not revealed yet.In this study, the process of blockage occurrence was simulated by 2-Dimensional Discrete Element Method (DEM). In the 2D-DEM analysis, discontinuous circular particles are generated, and the individual movement of each particle is calculated by forward difference method. In the analysis, several typical ore distributions are applied, and the DEM analysis was conducted under the various combinations of cohesion and friction coefficient. From analytical results, it was found that the friction coefficient strongly influences to the occurrence of blockage and there were a threshold values which blockage does not occur. Several kinds of shaft shape were also simulated towards different ore size distributions, and those influences to the blockage occurrence were also discussed."

Jan 1, 2015

By D. K. Fountain

"High metal prices and advanced technology in open-pit mining methods have resulted in considerable interest in the development of large, low-grade mineral deposits. Brenda Mines Limited is presently testing such a deposit of copper-molybdenum mineralization near Penticton, British Columbia.The mineralization of economic interest at Brenda has a total metallic sulphide content of between 1 and 1.5 per cent. This sulphide content approaches the limits of detectability of standard geophysical methods. How-ever, due to a favourable geological environment, it has been possible to utilize the Induced Polarization Method to outline the mineralization at the Brenda property."

Jan 1, 1968

By Norman A. Grant

"Location and Transportation FacilitiesTHE BEAVERLODGE area of North Saskatchewan is on the north side of lake Athabasca, 500 air miles northeast of Edmonton.The main Eldorado operation and townsite are on the north •side of Beaverlodge lake, which is immediately north of lake Athabasca and is separated from it by only a mile long portage at Lodge bay. The once famous town of Goldfields. Saskatchewan, and the Box property of the Consolidated Mining and Smelting Company of Canada, Limited, are located on lake Athabasca nine mines from Beaverlodge townsite.Previously, all Eldorado freight was delivered by barge at the Lodge Bay portage, hauled across the portage, and across Beaverlodge lake by small Northern Transportation Company barges, which involved many handlings.In 1952 the port of 'Bushell' was established at Black bay. This is a particularly snug harbour, well protected from the main body of the lake and with good foundations for docking facilities. A Butler building, 300 ft. by 60 ft., and tank farms provide storage at the port. A •road from Bushell to the main Beaverlodge operation, a distance of twelve miles through rugged terrain, was built by the Saskatchewan Government. The cost was shared by the Saskatchewan Government, the Federal Government, and Eldorado and other mining companies.Along this road are located the properties of several enterprising mining companies and near the midpoint lies the ambitious budding town of Uranium. This road has made portaging unnecessary and palletized freight loaded at Waterways, Alta., is now loaded directly on trucks at Bushell and delivered to the point of consumption."

Jan 1, 1953

By Jonathan Peck, Carl Hendricks

"Global Positioning Satellite (GPS) based positioning and navigation systems have been recently developed and implemented by AQUILA Mining Systems Ltd. on blast hole drills and electric cable shovels in Canadian open pit coal and iron ore mines. These systems enable the location of the drill bit or the shovel tracks to be accurately determined in three dimensions. The position of the drill or shovel is displayed to the operator via a real-time, Moving Map Display (MMD) on an LCD-VGA screen. The MMD allows the operator to accurately navigate the drill from blast hole to blast hole or maintain a desired shovel grade or face position, with respect to displayed bench features. The maps for the MMD are downloaded from the mine office via laptop or radio link as required or as mining plans change.To obtain reliable, accurate and real-time3D positions of mobile mining equipment, proven GPS technology has to be utilized. The GPS components need to operate reliably under the severe environmental conditions that exist on board mobile mining equipment. In addition, they have to contend with varying pit geometry’s and satellite configurations, with little or no performance degradation. These issues were initially examined in December1993 during a feasibility project between AQUILA and Gregg River Resources Ltd., in relation to implementing GPS systems on blast-hole drills.To achieve certain design objectives, AQUILA Mining Systems Ltd. has developed navigation systems for cable shovels and blast-hole drills based around off-the-shelf, high precision GPS components. These systems utilize the AQUILA Advanced Monitoring Platform (AMP), to display graphically, via the MMD, shovel grade and drill position to the operator to within ±12 inches of design coordinates. Production prototypes have been installed on a Marion 301 cable shovel and a Bucyrus-Erie49-R Series III drill at the Fording River Mine in August, 1995, at the Wabush Mine on a Bucyrus Erie 190-B shovel in June, 1995, and on a GD120 drill at Gregg River Resources Ltd. in January, 1996. All these systems have undergone field trials to test system components and functionality’s under actual production conditions. This paper will discuss these GPS-based positioning and navigation systems in subsequent sections."

Jan 1, 1997

By D. Lunt

Telfer bulk concentrates typically contain 8% chalcopyrite, 8% chalcocite, 45% pyrite and 80-120 g/t gold. Although very high copper and gold recoveries can be obtained by subjecting the concentrate to a "conventional" high temperature pressure oxidation step followed by copper recovery by solvent extraction and electrowinning, and cyanidation of the leach residue for gold recovery, the cost of lime required for neutralisation and power for oxygen generation was such that the process was uneconomic in terms of operating costs. The challenge therefore was to develop an alternative flowsheet that maximised copper and gold recovery in which the reagent costs were commercially attractive. An additional objective was to reduce the capital cost so that the overall NPV and IRR values would enhance the economic viability of the total project. Following a series of batch and locked cycle testwork programs, supported by Metsim modelling, it was established that the same high levels of overall copper and gold recoveries can be obtained by use of a novel two-stage split leaching circuit in which the chalcocite component is leached in a low temperature (90-110°C) circuit with the chalcopyrite component treated in a high temperature (220-250°C) circuit. This split circuit has a number of advantages, including minimising the required capacity of the high temperature autoclave, as well as reducing the overall lime consumption and simplifying the total process water balance. The paper outlines the basis for the development of the flowsheet and discusses the integration of the leaching stages into the overall circuit.

Jan 1, 2004

By S. Zekovic

"The paper gives an overview of the economics condition and strategic business challanges of the mining&metallurgy sector and their possible impact on the future development of the Bor basin of copper in Serbian part of Danube Region. Economics and strategic challanges in the mining& metallurgy complex are emphasized by world economic and financial crisis. An analysis of strategic challanges is undertaken by application of a comprehensive development framework approach. Paper indicates that an economics and evaluation of possible impacts of constraints and challenges for the development of Bor basin shows that it must be included in corporative decision, local and regional plans.INTRODUCTIONRisks are characteristic of every strategic development and business decision-making, so their successful management should be a part of the development strategy of the corporation, especially longterm. Due to the growing uncertainty in the general socio-economic environment, “risk management”, risk insurance, risk control, risk culture, risk optimization are frequently talked about. Among the key risks at a corporate level are the financial risks and risks of the regulative framework, especially in the field of environment and land use. In both cases, it is a question of external risks, which the companies need to relativize and successfully manage. Some companies pay more attention to production risks and search for better solutions in that domain which is not enough (Ernst&Young, 2008). Strategic business risks appear mostly on the macro-economic level, from where they should be” transferred” onto the level of sector economics and action level in corporations. Risk management include transferring the risk to other parts, avoiding the risk, preventing hazard, reducing the negative effect or probability of the risk, accepting some or all of the consequences of a particular risk.The research has included perspective and the general market trend and market positioning of the production and copper processing complex in the world; the impact of the requirements and strategic goals of the EU Directive and Kyoto Protocol on the institutional and other adjustments important for business in this sector; the impact assessment of the regulations important for business in the mining and metals sector, and case study of economics and challenges for the development of mining and metallurgy sector in the Bor basin of copper in Serbian part of Danube region. The analysis has included the identification and assessment of the global challenges on the future development of the copper complex in the miningsmelting basin Bor. Presented results in the paper are part of the research project “Sustainable spatial development of the Danube area in Serbia"" (No. 036036), financed by Ministry of Education and science of Republic Serbia."

Jan 1, 2012