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By Edwin Berry

THE consideration of the present value of a mine is of great importance when planning for the operation of a property,, and it is particularly so in the case of mines that have large ore reserves. At various times during the past 15 years, the writer has had occasion to make rather thorough studies of the subject, and has been greatly impressed by certain important points which these studies have brought out, points which, though they may be well known, are often lost track of in the rush to obtain low mining costs and high daily tonnage output. . It is the object of this paper to present briefly, and in a general way, some of these points, and especially those which have to do with the relationship which (1) ore reserves and plant capacity, (2) grade of ore mined, and (3) ore losses in mining, bear to the present value. Present value, sometimes called present worth or actuarial value, means the value today of the future earnings of an enterprise. Great industrial, manu-facturing or railroad enterprises, if properly handled, go on indefinitely and their value is directly dependent on their estimated annual earnings. Mines, or oil properties, on the other hand, have an earning capacity only until the ore or oil is exhausted, and their present value is dependent not only on their annual earnings but also on their life, which is the length of the period over which they can produce at a profit. A mine, or an oil property, is a "wasting asset," while an estab-lished manufacturing business is not, or should not be. In other words, the present value of a mining property. represents a sum of money on which there could be paid from operating profits a determined rate of interest, say 8 per cent., and in addition an amount which, if invested at compound interest as received, would at the end of the life of the mine pay back the present value. In his "Wealth and Income of the American People," Walter Renton Ingalls says: "The fundamental principle of mine valuation is the present worth of an annual dividend accruing during the period of years corresponding to the life of the mine."

Jan 7, 1922

Drilling in the south of the Rapahoe Sector at Greymouth Coalfield has demonstrated the existence of thick coal seams in the upper Rewanui Member. Seam correlation is handicapped by complex lithostratigraphy and laterally variable geophysical log profiles. An integrated investigation of coal measure stratigraphy, coal petrology, and proximate analyses, suggests a feasible model whereby most of the major seam intersections belong to a single horizon. Coal properties vary laterally in response to original swamp conditions, which are believed to have ranged from well-drained to ponded. A new model of peat accumulation is proposed for the northern Rapahoe Sector, whereby Upper Rewanui peat accumulation occurred on a flood plain between the levees of a major south southwest-flowing fluvial system in the east and the toe of a western alluvial fan.

Jan 1, 1985

By Dale Preece, C. Mick Lownds

Detonation delay timing has been an important aspect of quality rock blasting for decades. Detonators that enable delay timing have improved over the years especially with the recent advent of precision electronic detonators. The positive effects of precision delay timing have been observed repeatedly in the field with improved fragmentation, heave and overall blast control.

Jan 1, 2008

By Tim Martin, Dave Tahija

"In April, 2014, Hecla's Greens Creek mill, near Juneau, Alaska, switched from sulphuric acid to the use of dissolved carbon dioxide for lead flotation circuit pH control. The Greens Creek mine uses paste backfill, in which mill tailings are mixed with cement and used to fill mined areas. Some backfill inevitably becomes part of mill feed during subsequent mining cycles, resulting in high feed pH levels and increased dissolved calcium in the lead flotation circuit. Sulphuric acid is traditionally used to lower pH in such cases but it produces undesirable side effects, including poorer lead-zinc separation and unstable froth. The amount of sulphuric acid used at Greens Creek was limited due to these effects, resulting in higher than target pHs when feed backfill content was high. Dissolved carbon dioxide can be added without these limitations so pH levels have been under much better control since the switch. Additionally, lead-zinc separation and froth characteristics have significantly improved.IntroductionThe Greens Creek Mine, owned by Hecla Greens Creek Mining is an underground mine located on Admiralty Island near Juneau, Alaska, producing silver, gold, lead and zinc in the form of lead and zinc flotation concentrates and a gravity gold concentrate (McDonald, Morgen & Hancock, 2012). The lead and zinc concentrates are produced in conventional flotation circuits preceded by a graphite removal flotation step.The underground mine utilizes cemented paste backfill, of which a certain amount is inevitably re-mined in later mining cycles and returned to the mill, mixed with fresh ore. The Portland cement used in the paste backfill is highly basic so that, from the point of view of the mill, the net effect is to introduce a good deal of lime to run-of-mine mill feed, producing a very high natural pH. This high pH needs to be lowered to obtain good metallurgical results."

Jan 1, 2016

By Michael D. McGill, Jeff Freadrich

There are many factors which affect the productivity of a front end loader. One of the most obvious is the characteristics of the material being mined. Characteristics such as size distribution, swell factor or heave, and material hardness / abrasiveness will all effect the efficiency of the mucking cycle. The focus of this paper is to look specifically at the size distribution of blasted material, and quantify the effects on loader productivity.

Jan 1, 1994

Cyclone Process for Heavy Metals Decontamination of Sediments

Sep 13, 2010

By Stefan Basista, Janusz Tomala

Modern constructions of electric ferroalloy furnaces are still based on applying in the lower "liquid" areas the standard carbon materials. What can be illustrated by the experience from several years, in the part of tap hole, hearth walls and bottom, is that so-called carbon or semigraphite microporous materials are successfully being applied. These materials, compared to the standard carbon, give better resistance to the attack by liquid metal and other wear factors. Generally this group includes materials characterised by considerable share of pores of diameters below1µm (significantly exceeding 90% of total porosity). The microporosity increases the resistance to the infiltration of the liquid metal. The effect of microporosity can be obtained by introducing silicon (or its compound) additive to materials based on electrically (or gas) calcined anthracites, electrographite and binder. Moreover, by introducing other ceramic additives, the microporous materials are more resistant to dissolution by the liquid metal. Observing the trends of "improving the materials" in the last years, it is clearly seen that the share of non-carbon additives is bigger and bigger, so we can reasonably speak of rather carbon-ceramic materials. In this paper, the survey of the most important quality criteria, which must be met by the carbon furnace linings, as well as the new testing methods will be presented.

Jan 1, 2007

By N. Shariatmadari

Two dry docks are currently under construction on the northern banks of the Persian Gulf by Iran Shipyard and Offshore Industries Co. (ISOICO). The construction of these dry docks forms a huge civil offshore project. The foundation system include more than 6500 large diameter (40-48 inch) spiral pipe piles with embedded depth varying from 18 to 25 meters. Extensive geotechnical subsurface investigations were carried out in the project site in order to provide enough information and proper perspective on the underlying soil layers. The results of geotechnical investigation indicated that a 20 m thick dense silty sand layer exist which can be considered as the main bearing stratum. Due to short clear distance between the piles (less than 3 m) refusal occurred for some piles, accordingly led to actual length less than their design length. To verify and in-situ evaluation of piles capacity, static and dynamic full scale loading tests programme were performed. The data from 40 static compression and tension and also 50 dynamic tests with PDA were interpreted and analyzed by current approaches and CAPWAP software. The results of analysis demonstrated that the safety factor of bearing capacity of piles must be increased to reach a safety factor of about 1.8. To achieve this purpose the interaction of combined piled-raft system has been realized.

Jan 1, 2007

By Steve McAlister, Colin Sprake

"Enhanced gravity concentration machines have been applied successfully in the following areas of precious metal recovery flowsheets:1. Primary Grinding Circuits2. Shaking Table Tailings3. Pre-Concentration of Leach Feed4. Flotation Concentrates -•, Flash•, ConventionalAlthough great progress has been made, the ability to produce directly smeltable concentrates still remains elusive. Even without this ability, centrifugal concentrators are finding wideningapplications in precious metal concentration:1) PRIMARY GRINDING CIRCUITSEnhanced gravity concentration technology has largely replaced jigging as the technology of choice in precious metal grinding circuits worldwide. The benefits of using a centrifugal field to concentrate both coarse and fine gold are well documented but the placement of these machines within grinding circuits is still evolving. Conventional wisdom dictates that the best location for enhanced gravity machines is cyclone underflow on account of the elevated grade found in this stream when compared to cyclone feed or overflow. Plant operating experience at both large and small scale indicates that there are compelling arguments to place ENHANCED GRAVITY MACHINES on cyclone feed instead. At least two new plants, presently in the detailed design stage will incorporate gravity circuits that treat mill discharge or cyclone feed, Teck Cominco’s Pogo and Newcrest’s Telfer Expansion.Current Conventional PracticeThe current stream of choice for enhanced gravity concentration within grinding circuits is cyclone underflow although recent information indicates a swing toward cyclone feed. Here are some of the arguments for treating a portion of cyclone underflow:"

Jan 1, 2003

By Sergio N. Monteiro

Jute fiber reinforced polymer composites are among the most investigated and applied natural composites. In this past decade the mechanical properties of these composites has been assessed for various types of test conditions. However, the reported results correspond mainly to short-cut jute fiber composites, which do not present the highest mechanical strength as compared to continuous fibers of the same kind. In order to complement these results, the present work evaluated the mechanical behavior, by means of flexural tests, of polyester matrix composites reinforced with continuous jute fibers. Bend tests were conducted in standard specimens with up to 40% of jute. Fracture analysis by SEM displayed the rupture mechanisms. The results showed an improvement in some flexural properties with incorporation of jute fiber. However, a low fiber/matrix interfacial stress was responsible for limitation in the values attained by some properties.

Jan 1, 2010

By Jilai Xue

Oxygen gas bubbles generate on anode during Pb electro-deposition process in PbSiF6-H2SiF6 aqueous solutions at room temperature. Cell voltage varies as the bubbles formed on the anodes surface. The bubble layer on the anode makes a voltage drop that consumes energy in the Pb process, which can be reduced by applying ultrasound on the anode. The effects of ultrasound frequency and anodic current density were investigated with ultrasound on and off, alternatively during the Pb electrode-position process. The removing of the gas bubbles were recorded in association with a drop in the cell voltage. The cell voltage can be lowered by 4% - 6% with ultrasound, which has potential for energy saving in Pb production.

Jan 1, 2010

By Jiwen Zhang

Abstract Due to the blocking nature at the crusher station, straightforward application of queuing theory cannot give realistic results on the performance of a shovel-truck-crusher system. A new queuing network-based model has been developed in which, the crusher station is formulated into an open queuing network and the whole shovel-truck-crusher system into a closed queuing network with the crusher station as a special server. To fully account for the influence of blocking, Monte Carlo simulation is first used to obtain the performance parameters of the open queuing network for the crusher station. The closed queuing network for the entire system is solved by applying the Extended Summation Method (ESUM), in which the crusher server is described by the simulation results. The model has been applied to the Yuanbaoshan open-pit coal mine to analyze its shovel-truck-crusher system and to improve its efficiency. Results indicate that the blocking at the crusher is an important factor affecting the crusher output and in turn the efficiency of the whole system, and prove that the model can realistically describe the behavior of such systems.

Oct 1, 2009

By Jiwen Zhang

Due to the blocking nature at the crusher station, straightforward application of queuing theory cannot give realistic results on the performance of a shovel-truck-crusher system. A new queuing network-based model has been developed in which, the crusher station is formulated into an open queuing network and the whole shovel-truck-crusher system into a closed queuing network with the crusher station as a special server. To fully account for the influence of blocking, Monte Carlo simulation is first used to obtain the performance parameters of the open queuing network for the crusher station. The closed queuing network for the entire system is solved by applying the Extended Summation Method (ESUM), in which the crusher server is described by the simulation results. The model has been applied to the Yuanbaoshan open-pit coal mine to analyze its shovel-truck-crusher system and to improve its efficiency. Results indicate that the blocking at the crusher is an important factor affecting the crusher output and in turn the efficiency of the whole system, and prove that the model can realistically describe the behavior of such systems.

Oct 1, 2009

By David Ziegler, John Babcock, Gregory Poole

On December 9, 2003 at 3:59 PM EST an earthquake with a 4.5 magnitude occurred in central Virginia. According to a survey on the US Geological Survey website, this quake was felt as far away as Bridgeton Missouri, approximately 683 mile from the epicenter1. We recorded the vibrations from this earthquake on 14 seismographs that were set up for monitoring vibrations from blasting activities in the area. Having this data gave us an opportunity to compare earthquake and blasting vibrations. The amplitudes, frequencies and duration were much different than vibrations from mining and construction blasting. A common question we get from homeowners when discussing vibrations from blasting activities is “How does that compare to the Richter scale?” The goal of this report is to provide some simple answers for that question. The Richter and Mercalli scale are compared to the particle velocities in order to show their relationship.

Jan 1, 2005

Analysing a flotation plant?s operating performance requires accurate metallurgical sampling. Typically, the aims of performing flotation plant surveys are to establish a consistent and accurate understanding of the operation of the circuit as well as to identify potential areas for improvement. Once the data have been collected, a mass balance is required to provide a consistent set of data from which plant performance can be assessed. Mass balancing is a key skill that many metallurgists and mining industry professionals are familiar with. Mass balancing reconciles the feed and product streams throughout the plant and is sometimes used for accounting of the material entering and leaving a system (eg. JKMetAccount). However more common reasons for mass balancing are: better understanding of the flowrates within a system, assessing the quality of data obtained from sampling and surveys, and providing a key dataset for assessing and improving the performance of unit operations. Mass balancing requires practice and experience to determine if the results are reasonable. There are various software programs available to assist in the mass balancing and understanding of processing plants. This paper is focused on JKMultiBal initially developed by Gay (1993), and then later commercialized by JKTech. JKMultiBal in its current release is for balancing data in both one and two dimensions, i.e. balancing data on either sized or assay bases as well as size-by-assay. With the recent trend in flotation circuits becoming more complex, JKMultiBal has been used to gain a better understanding of the processes occurring within the circuit. This paper provides a description of the program as well as several case studies where the two-dimensional mass balancing has resulted in improvements in plant performance.

Jan 1, 2009

The development of 3D multi-parametric models facilitate the provision of resource information well in advance of the mining face. Using the model, one can evaluate mining areas not only for grade and tonnage predictions but also for predictions of rock mass quality. Blast design and milling requirements can be derived from the rock mass quality predictions. This information can be used for overall mine planning and evaluation, costing, production optimization and slope design. This allows the full range of mining activities and costs to be interconnected, thereby lowering costs and improving efficiencies through the application of the multi-parametric model. Feasibility studies for new projects require an expected budget expenditure estimate to within 5% of actual costs. This level of accuracy is expected by mining companies and investors but cannot be achieved without a sound knowledge of the rock mass variability. By developing a 3D multi-parametric model as part of the feasibility study and using the same geological model exploration boreholes, a significantly better understanding of the rock mass conditions can be obtained. This rock mass information can be used for equipment selection, economic pit layouts, processing plant design, underground mining layouts and support requirements, to name but a few design parameters that depend on rock mass conditions. The initiative at Anglo Platinums, Potgietersrust Platinum Ltd.?s (PPRust) operation, has delivered significant results showing improvements across the mine to mill value chain. These include increased loading rates, reduced electricity and crushing consumables, as well as higher plant throughput. The ore reserve model has gained international acceptance as an invaluable tool for a mining operation. Certainly most financial organizations will not invest in a mining project that does not have an ore reserve model. There is the potential for multi-parametric models to be recognized as vital tools in the mining process, as is the case with ore reserve models.

Jan 1, 2007

By Keith A. Heasley, Frank E. Chase, Christopher Mark

Deep cover retreat mining (overburden in excess of 750 ft) is an important emerging issue which will intensify in the future as the more easily mined shallow seam reserves are depleted. Analysis of Mine Safety and Health Administration (MSHA) statistics indicates that deep cover pillar recovery accounts for a disproportionate share of the underground coal mine roof/rib fall fatalities and injuries. Past research has shown that previously recommended Analysis of Retreat Mining Pillar Stability (ARMPS) stability factors (SF’s) may be excessive for deep cover pillar design. The objectives of this study were to evaluate the various methods and strategies by which panels, production pillars and barrier pillars are developed and extracted under deep cover, and to develop appropriate design guidelines. In the course of the research, 29 mines in 7 states were investigated to collect panel design case histories. At each mine site, underground geotechnical data were collected on the pillar line in order to document roof rock, coalbed and floor conditions. The analyses indicated that squeezes were the most likely failure mode where the depth was less than 1,250 ft, but bumps predominated in the deeper cover cases. Immediate roof rock quality, the ARMPS SF’s, and barrier pillar stability factors were all found to be important parameters in determining the outcomes of the case histories. Design guidelines, including suggestions for barrier pillars to isolate active panels from nearby gobs in bump prone ground, are also proposed.

New Zealand depends on foreign investment for economic development. This also applies to the development of New Zealand's mineral resources. For this foreign investment to happen there must be some incentives to attract the investment. While prospectivity is the dominant parameter considered by investors it is not a variable that can be changed, only the perception of New Zealand's prospectivity. Other parameters likely to be considered are sovereign risk, red tape, green tape, land access, civil unrest, land claims, social risk, labour relations, infrastructure and natural disasters. Regulators and political will can vary some of these parameters. Where New Zealand fits internationally can be measured by investors' perceptions of these parameters. Following on from these perceptions New Zealand can be seen to have advantages in some areas and be disadvantaged in others. How to deal with the disadvantages to give investors confidence is not easy in the New Zealand environment where the development of mineral resources plays a small part in an economy dominated by agriculture. Added to this is the current global state of the minerals industry which offers even more of a challenge to attract foreign investment to develop New Zealand's mineral resources.

Jan 1, 2000

By M. G. Zabetakis

This publication contains highlights of a 4-hour lecture and demonstration by the Bureau of Mines on the fire and explosion hazards of flammable liquids and solids, oxidizing materials, corrosive liquids, and compressed gases. The authors first presented this material as part of a 2-week course given to officers and enlisted men at the U.S. Coast Guard's Dangerous-Cargo Handling School, established at Fort Eustis, Va., in 1959. The Bureau was asked to present the lecture and demonstration because of the extensive experience of its researchers in handling certain harardous commodities.

Jan 1, 1961

By Charles P. Lazzara, Alex C. Smith, Richard W. Pro, Mark W. Ryan

The U.S. Bureau of Mines conducted a study to determine if commercially available automatic sprinklers could withstand the high static pressures in deep underground coal mines without leaking and if exposure to the mine environment affected their leak pressures. New sprinklers and sprinklers exposed to the mine environment were subjected to increasing pressures until leakage occurred. The average leak pressures of the new sprinklers ranged from 640 to 2,300 psig and were significantly different for sprinklers from different manufacturers and for different types of sprinklers. Different for sprinklers from different manufacturers and for different types of sprinklers. Generally, standard-response sprinklers withstood higher pressures than fast-response sprinklers. The results indicated that most commercially available sprinklers would withstand the high static pressures in deep underground coal mines; however, they would not provide the same reliability and safety factor as sprinklers used aboveground at or below their rated pressure of 175 psig. The average leak pressures of the sprinklers exposed to the mine environment ranged from 740 to 1,180 psig. The mine environment affected the ability of 66% of the sprinklers to withstand high static pressure New sprinklers were also evaluated at pressures of at least 500 psig for 30 days to determine their ability to withstand long-term exposure to high static pressures; no leakage was observed.

Jan 1, 1993