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Project-finance risk assessment is mature and approached systematically. Mining industry due diligence remains fragmented with specialists addressing different aspects of the project such as reserves/JORC, environmental impact, commodity market, even financial analysis/ modelling. Each professional has a natural tendency to believe that the risk factors they have examined are the key ones necessary to be reviewed, as if their review will stand in isolation from others in the way a project materialises. By first laying out the project risk categories and risk matrices, this paper examines the due diligence process with a keen eye to the risk assessment and overlap/interaction. Some cross fertilisation of due diligence techniques from other industry sectors is placed into the mining context. Six case studies are then presented with regards to due diligence features in each projectÆs feasibility review or financial information/ offering memorandum. A power case first shows the differences between the due diligence expectations of banks versus bond financings. Then some Australian and Indonesian mining development cases are analysed to see the due diligence learning points. Some of these were project/due diligence failures. The conclusion focuses on the value of a systematic risk assessment for project evaluation, all from the project-finance perspective.

Jan 1, 2007

By Ethan Steward, Kyle Perry

The study investigates the effects of high-velocity impacts of common mine materials on a reinforced mine seal rated to 120 psi. It found that materials propelled during an underground explosion could generate enough stress to crack or damage seals, even with little visible damage. This highlights the need for careful evaluation of mine seals after any impact or high-pressure event.

Aug 1, 2023

By Kyle A. Perry, Ethan A. Steward

The mining of underground coal presents several hazards for miners, including the risk of an explosion fueled by methane gas and coal dust. Methane gas, produced during coal formation, can continuously leak into old workings and build up through its lower explosive limit. Underground coal mines are required to maintain safe conditions, either by ventilating old workings or sealing them off using approved methods. Seals must be designed to withstand instantaneous pressures for a minimum of four seconds. A design strength of at least 50 pounds per square inch (psi) is required for atmospheres monitored and maintained inert, 120 psi for non-inert or not monitored, and greater than 120 psi for special cases. Due to the high cost and testing environment availability, most mine seals are designed through calculations and computer modeling and not subjected to full-scale testing in a representative environment. High pressure is not the only threat that mine seals may be exposed to. During an underground explosion, pressure waves and gas expansion may propel common mine items and objects to a high velocity, generating enough energy to damage mine seals and reduce their strength. Damaged mine seals may fail to contain their rated pressure, allow high pressure gas and fumes to vent through the seal during an explosion, or allow gasses to leak through the seal later after an explosion has occurred. This paper examines the effects of high velocity impacts of common mine materials and items on a reinforced mine seal rated to 120 psi.

Jun 2, 2023

By R. R. Beebe

"Laboratory and pilot-scale tests are almost invariably required before metallurgical development can proceed. Difficulties with sampling, as well as with classical chemical and physical scaleups, are normally anticipated and relatively well-understood, but more subjective factors also come into play, including misunderstandings of the operating scheme chosen, wrong ""lessons"" learned from similar operations, failures to handle data appropriately, and even arbitrary intervention by management. The paper examines some of these subjective factors and suggests ways to guard against them. Several anecdotal case studies are used as examples, including when and where to heap leach or to mill specific types of gold ore.When the Romans first exploited the gold-rich gossans at Rio Tinto, they were guided by analyses and tests that delineated the ore deposits, identified the richer portions, and measured the gold recoveries achieved. There is little evidence, however, to suggest that test data were used to develop improved methods of metallurgical extraction. Indeed, it is likely that ores too difficult to treat were simply passed by, at least until improvements in full-scale operations could deal with them. For example, it is not difficult to imagine that an early metallurgist might test a tin ore by placing some in a fire; a smallscale emulation of the method actually used in practice."

Jan 1, 1997

By L B. Zhou, Q Wang

The present discussion focuses on the developmental directions of eco-restoration of acid mine waste rock dump, by using acid mine waste rock of Shuilong Mountain as an example. Based on the analysis of site factors, the current slope ecological restoration technologies of domestic and international and local practices have been integrated into the eco-restoration of acid mine waste rock in Shuilong Mountain. A set of suitable slope Eco-restoration technologies have been formulated locally for acid mine waste rock of Shuilong Mountain, which include establishing green barrier, implementing ecology buffer zones, selecting suitable plant species and combined seeding and tube-stock planting. It aims to restore the plant ecosystem to a near natural state, in couple with slope stabilisation and soil remediation.CITATION :Wang, Q and Zhou, L B, 2012. Projection of ecological restoration of acid mine waste rock of Shuilong Mountain at Dexing Copper Mine, in Proceedings Life-of-Mine 2012 , pp 305-308 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 10, 2012

By René Dufour

Jusqu?à son acquisition par MM René Dufour et Alain Robin en 1994, les claims miniers et les droits de surface de la propriété étaient détenus depuis 1953 par la société Québec Columbium, une filiale de la socité américaine Kennecott Copper qui y a réalisé d?importants travaux miniers. En 1995 la compagnie NIOCAN inc. fut incorporée; ses actions furent inscrites à la bourse de Montréal en 1997, et à la bourse de Toronto en décembre 1999. Jusqu?à maintenant, NIOCAN a investi plus de 7 millions de dollars dans le développement de sa propriété minière de niobium située à quelques 40 kilomètres au nord-ouest de Montréal. Le haut rendement économique des deux gisements principaux que compte exploiter la compagnie, le S-60 et le HWM-2, a été établie par des études de faisabilité effectuées par le consortium Met-Chem/SNC-Lavalin. La mission que s?est donnée NIOCAN inc. consiste à mettre en production ses deux gisements et à devenir ainsi productrice de ferroniobium dans les plus brefs délais. Figure 2 Le projet est présentement à un stade avancé d?obtention du certificat d?autorisation du ministère de l?Environnement. À plus long terme, la compagnie compte aussi exploiter les sous-produits de ses gisements (apatite, forsterite, magnétite, calcaire et terres rares).

May 1, 2003

By André Pereira Barbosa

Este projeto tem como objetivo desenvolver o uso do transporte multimodal nas operações de entrega de produtos via cabotagem, para as regiões Norte e Nordeste, em sinergia de todas as usinas da ArcelorMittal no Brasil. O trabalho visa demonstrar os principais dificuldades e benefícios da utilização da cabotagem. O projeto foi subdividido em etapas de implantação, que se iniciou com um processo de contratação, envolvendo os fornecedores de cabotagem e serviços de ovação para as operações das unidades de Longos (Cariacica, Sabará, Itaúna, Juiz de Fora e Piracicaba) e de Planos (Tubarão) de forma conjunta buscando uma melhor condição comercial e contratos sólidos de atendimento, com foco na utilização das mesmas estruturas de terminais, portos, fornecedores e até containers. Foi estimada uma redução significante dos impactos socioambientais e dos custos de fretes para organização.

Aug 17, 2017

By J M. Santini, I C. A Streimann

Arsenic is a naturally occurring element in the environment and is toxic to biological systems. Arsenic can exist in the environment in the following redox states, arsenite (+3), arsenate (+5), arsine (-3) and elemental (0) (Oremland and Stolz, 2003). Arsenic is released into the environment by natural and anthropogenic activities such as rock weathering and ore mining, respectively. Such activities result in the release of the soluble inorganic arsenic oxyanions, arsenite and arsenate. The redox state of arsenic in the environment is influenced by a number of factors including, redox potential, pH and microorganisms (Irgolic et al, 1977; Genc-Fuhrman, Tjell and McConchie, 2004). Recently, the ability of microorganisms to influence the cycling of arsenic in the environment has attracted much attention. Microorganisms that can oxidise arsenite and reduce arsenate have been isolated and the mechanisms of arsenic metabolism are currently being investigated. The differences between arsenic resistance and arsenic metabolism are being revealed. The role of microorganisms in the release of arsenic into the environment is of particular importance with arsenic contamination of waters causing the death of millions of people worldwide, due to the consumption of contaminated water (Vasken Aposhian et al, 2003; Islam et al, 2004).

Jan 1, 2004

By Dapeng Zhang, Brij Moudgil, Shibo Zheng, Chunhui Feng, Wenyi Song, Wending Xiao, Patrick Zhang

The separation of dolomite from phosphate is the most challenging problem in phosphate mineral processing. More than 50 percent of the phosphate reserve in Florida contains too much dolomite to process using current industry practice. The current way of producing phosphoric acid requires less than one percent MgO in the phosphate concentrate as the feed material. The Florida Industrial and Phosphate Research (FIPR) Institute has collaborated with worldwide experts in the field to address this issue. As a result, the industry is now offered three feasible options. Option I entails three methods for reducing MgO content in the concentrate from the Crago process, including adding a dolomite depressant in the rougher flotation step, dolomite flotation of the cleaner concentrate, and scrubbing the cleaner concentrate in quartz sand, which could reduce MgO content in the final concentrate by 20 to 40 percent. Option II involves the crushing and grinding of high-dolomite phosphate pebbles followed by dolomite flotation at slightly acidic pH using a new collector that does not require phosphoric acid as a phosphate depressant, achieving a final concentrate analyzing less than 0.9 percent MgO at about 87 percent P2O5 recovery. Option III is a gravity separation technique using an innovative separation jig, and its full potential remains to be demonstrated.

By Dapeng Zhang, Brij Moudgil, Shibo Zheng, Chunhui Feng, Wenyi Song, Wending Xiao, Patrick Zhang

Separation of dolomite from phosphate is the most challenging problem in phosphate mineral processing. Over 50% of the future phosphate reserve in Florida contains too much dolomite to process using the current industry practice. The current phosphoric acid production practice requires less than 1% MgO in the phosphate concentrate as the feed material. The Florida Industrial and Phosphate (FIPR) Institute has collaborated with worldwide experts in the field to address this issue. As a result, the industry is now offered three feasible options. Option 1 offers three methods for reducing MgO content in the concentrate from the Crago process, including adding a dolomite depressant in the rougher flotation step, dolomite flotation of the cleaner concentrate, and scrubbing the cleaner concentrate in quartz sand. These methods could reduce MgO content in the final concentrate by 20–40%. Option 2 involves crushing and grinding of high-dolomite phosphate pebbles followed by dolomite flotation at slightly acidic pH using a new collector that does not require phosphoric acid as a phosphate depressant, achieving a final concentrate analyzing less than 0.9% MgO at about 87% P2O5 recovery. Option 3 is a gravity separation technique using an innovative separation jig, and its full potential remains to be demonstrated.

By H. Sevim

The utilization of high sulfur Illinois coal by utility plants has been decreasing since the enactment of 1990 Clean Coal Air Act Amendment. Illinois coal producers can make their coal saleable by offering the choice of taking the combustion by-products from the utility plants and placing them in the abandoned sections of their mines. To be competitive, however, coal producers need to select an environmentally acceptable transportation-handling-placement system through which the cost-per-ton of by-product disposed can be minimized. In this paper, a few such systems are presented. The favorable operating range of each system is determined in terms of distance and tonnage. A case study is given whereby cost analysis is conducted for an underground coal mine receiving by-products from two Illinois utility plants.

Jan 1, 1997

By B L. Sainsbury, M F. Lee, A Penney

For most practical rock engineering purposes, stress versus strength conditions around underground openings for which rock masses fail and their various modes of failure, are reasonably well-understood and predictable. Some rock masses and particular rock types fail slowly and relatively quietly. However, others can fail rapidly, violently and maybe with the ejection of significant broken rock. In some countries and in some mines, the latter style of violent fracturing and failure of the rock mass is referred to as ‘strain bursting’. It can be alarming and extremely hazardous to nearby miners and machines. For such situations, the design and installation of appropriate ground support, to provide a safe work place, can be challenging. At any particular mine site, it’s often generally understood which local rock masses (rock types) are prone to strain bursting. Competent and strong siliceous rocks and some massive sulphides are often the main offenders. While some neighbouring, equally-competent and strong rocks might also fail, they do so more quietly and without ejection. To understand this contrast, a better understanding of the fracturing process is required other than simple and standard strength versus stress considerations. Suites of standard intact rock properties from numerous Australian mines have been used to define and help understand different high-stress failure styles for component intact rock; especially those prone to violent fracturing (strain bursting). Simple considerations of micro-fracturing (defects in the intact material), plus the available energy at failure versus the energy consumed during fracturing, distinguishes between over-stressed and competent rock types that fracture violently and those that don’t. CITATION:Lee, M F, Penney, A and Sainsbury, B L, 2018. Proneness of competent over-stressed intact rock to violent fracturing, in Proceedings The Fourth Australasian Ground Control in Mining Conference (AusRock), pp 170–184 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 30, 2018

By Stanley W. Holmes

"The discovery of extensive uranium mineralization on the Pronto property in April 1953 initiated a program of staking, exploration, and development unparalleled in Canadian mining history. Within twelve months of the discovery hole, sufficient ore had been blocked out to merit a 55-million-dollar contract with Eldorado Mining & Refining Co. On October 15, 1955, two years and four months after discovery, Pronto went into production with a mill rated at 1,000 to 1,500 tons per day. The property is on the southern edge of the Algoma uranium district, 10 miles east of the town of Blind River and close to the Canadian Pacific Railway and Highway 17. Docking facilities for Great Lakes steamers are avail-able at Spragge, 4 miles to the east.The data and conclusions presented in this paper are based on field studies, drill hole information, and underground development. The ideas of ore genesis are those of the writer, and will undoubtedly be modified as more detailed studies and research are carried out. Because of security regulations, information pertaining to grade and tonnage will not be discussed.GeologyThe general geology of the Algoma basin has been outlined in a pre-ceding paper (Joubin and James). The description below is concerned essentially with the rocks most closely associated with the Pronto deposit. They may be grouped in three structural and lithological units: (1) the pre-Huronian basement, (2) the Mississagi formation, the lowest member of the Huronian sediments lying unconformably on the basement, and (3) a series of basic intrusives cutting (I) and (2). Most of the uranium mineralization occurs in a quartz-pebble conglomerate forming the basal member of the Mississagi quartzite."

Jan 1, 1949

By Stephan Großwig, Karolina Nycz, Arne Kindler

"Commonly used anchor monitoring systems are mainly based on the use of anchor force meters. However, experience shows that the reliability of the display of force meters lowers over time. Other measurement and test methods like for example fibre bragg grating method require a comparison with an unloaded optical fibre and give only selective information about the bearing behavior. Moreover the obtained information has to be interpreted. In the following article, first measuring results of an anchor monitoring system based on measurements with optical fibre are presented. The new monitoring system is based on the Rayleigh technology and was used to test the load bearing behavior of the anchor grout body as well as for the evaluation of the grout body condition in concrete-damaging groundwater.INTRODUCTIONThe first fibre optic sensors came onto the market about three decades ago. Initially used as special solutions only in selected cases, now they have found use in almost all areas of technology, especially in areas, where electrical sensor systems reach their limits. The first application examples of spatially resolved fibre-optic sensors in the field of geotechnics have been in existence since the mid-1990s, in projects such as the assessment of the of radioactive repository location sites (Hurtig et al. 1994), for the monitoring of landfill sealing systems (Hurtig et al. 1995) or within the framework of the rehabilitation of mountain farming landscapes (Schreck et al. 1998).The company's first own works in the field of glass fibre measurement technology have been in existence since 1993. The first carried out projects were a monitoring at the Edertalsperre (Dietz et al. 2001), a monitoring with glass fibre tendon at a flood bridge in Carinthia as well as monitoring within the framework of the Storebælt crossing. In all cases, the structure was permanently monitored by means of individual-point measurements. Since 1993 various fibre-optic sensor solutions for geotechnical applications have been introduced to the market (Voet, Glötzl 1996, Hurtig et al. 1994)."

Jan 1, 2017

By J. C. Squire, E. W. Baker, G. A. Sullivan, G. W. Flathers

A mine collapse severs communication with trapped miners. Landlines are crushed and commercially available radios cannot penetrate hundreds of feet of dense, conductive earth without the use of regenerative repeaters that may also be crushed. This paper describes a proof-of-concept device that uses seismic P-waves, instead of radio waves, to allow communication of a code that represents prearranged messages, including the safe haven location identifier, number of people and air quality, from trapped miners to aboveground rescue units. The transmitter designed is about 0.03 m3 (1 ft3) in size and can broadcast for four hours from its 27-kg (60-lb) battery pack. The receiver consists of a geophone and a 2.5-kg (5.5- lb) signal conditioning unit attached to a laptop computer, which displays the communication signal in real time. Testing in a bituminous coal mine with an MSHA representative revealed the device was able to transmit through 271 m (890 ft) of overburden, at 0° and 12° from vertical, using 500 W of power.

Jan 1, 2009

By Ruirui Wei, Mingrui Yang, Xueqing Li

Ultrasonic vibration was introduced into calcium ferrite (CF) melt in order to develop a new sintering process. Based on the acoustic refraction and reflection principles, ultrasonic propagation between amplitude transformer and CF melt has been analyzed and discussed. In addition, numerical simulation of ultrasonic propagation in CFmelt has also been carried out using finite element method. The distribution of acoustic pressure in CF melt were obtained, and the effects of ultrasonic power and frequency on acoustic pressure distribution were also investigated. The results show that increasing ultrasonic power promotes the acoustic pressure amplitude in the CF melt, while increasing frequency decrease the acoustic pressure amplitude. The acoustic pressure amplitude with the frequency closer to the resonant frequency may get the best cavitation effect because its average acoustic pressure is greater than those of others.

Mar 1, 2018

By Chander S

Properties of surface films on chalcopyrite and pyrite differ due to variations in the mechanism of oxidation of the two minerals. In the case of chalcopyrite the first step in the oxidation is the release of iron as ferric ions, which hydrolyse depending upon conditions prevalent in solution. The iron oxide/hydroxide layer formed by hydrolysis of ferric ions is quite porous and easily detachable from the surface of chalcopyrite. When the surface oxide layer is detached a sulphur-rich layer is exposed making chalcopyrite hydrophobic. The thickness and properties of the sulphur-rich layer determine its flotation response, both in the absence and presence of collectors. In the case of pyrite, on the other hand, iron is released as ferrous ions which require much higher pHs to hydrolyse. These ions remain adsorbed on the surface of pyrite making the surface hydrophilic. When the iron species are complexed with chelating agents such as ethylene diamine tetra acetic acid, pyrite was hydrophobic. Siderite forms in the presence of carbonate ions, which might be present in several flotation systems. Siderite nucleated on isolated sites at the surface. The presence of such a precipitate is likely to influence the interaction of pyrite with various reagents thereby altering its flotation behavior. To determine the mechanism of oxidation, kinetics of oxidation of chalcopyrite and pyrite was studied using several electrochemical techniques, namely, cyclic voltammetry, polarisation and impedance spectroscopy. Floatability of the minerals was investigated by measurement of contact angles on mineral electrodes and by Halimond tube flotation. Impedance spectroscopy was especially useful for estimating various properties of surface film for both the minerals. Properties such as charge transfer resistance, porosity, and capacitances of the surface films on the two minerals are compared under several conditions of oxidation. These properties were found to be a strong function of the rate and the extent of oxidation.

Jan 1, 1993

By Ted D. Johnson

INTRODUCTION The report of the workshop on Alternate Energy Strategies estimated that the world's reserve of uranium oxide is about 700,000 tonnes. In order to extract these reserves, it is estimated that between 100 and 200 million tonnes of solid waste and of the order of 1 billion cubic meters of liquid waste will be generated. In addition, radium within tailing will continue to generate radon gas as it decays for many years after closure. Hence, the handling, storage and possible use of uranium mine waste is a matter which deserves serious consideration and planning. Since the properties of the waste will largely dictate the method of handling and storage or use of the waste, the properties of the waste should be determined, to the degree possible, prior to the design and subsequent operation of the mine. Uranium mine waste has both solid and fluid constituents. The solids include soil and rock removed during site preparation, similar material removed during development of the mine and uranium tailing generated by the mill. Soils can be stockpiled for reuse during reclamation or used as earth materials for construction of fills, roads, dams and soil linings. Rock can be stockpiled, used as mine backfill or can be used for earth construction in fills, roads and dams. The tailing is usually placed in a tailing storage area. The fluid constituents are both liquid and gaseous. The liquid waste is generally composed of the mill water; however, additional waste water can be generated by dewatering processes and diversion of surface runoff. The gaseous constituent of the uranium mine waste is radon generated by the radioactive decay of radium in the ore tailing. DEFINITION OF PROPERTIES The following presents a brief definition of some of the more important properties discussed later. The definitions are not intended to be comprehensive, but are useful as a basis for understanding.

Jan 1, 1980

By R. E. MacDougall

Very few mineral properties spend their entire lifespans from discovery to depletion in the hands of one owner. More likely, properties will have several owners, and partial interests may change quite often. Similarly, mineral companies are bought and sold with frequency, in recent years at what appears to be an accelerating rate. The reasons for selling a property can be manifold -need for additional capital in other parts of the business, need for development capital, realization of a large gain at a perceived high point in the market, pessimistic commodity outlook, retirement of principals, or resolution of estate problems. Regardless of the reasons for a sale, there are specific steps that logically follow. Spruce up the business, package the information, market the property, negotiate the terms, close the sale, and make sure it stays sold. Adherence to certain very basic ground rules in property sales can maximize the profits and minimize the effort.

Jan 1, 1990

By G. Récoché, A. Chamaret, M. O’Connor

Building indicators that respond to all stakeholders' needs is a time-consuming and complex exercise, with certain questions still unsolved. The aim of the current three-year research project, carried out in partnership between BRGM’s Mineral Resources Division and C3ED, is to propose a top-down / bottom-up indicators building methodology that combines conception and coordination methods and a participative approach. The tool-design phase is based partly on a comparative analysis of existing international initiatives according to different criteria (objective, observation scale, framework, etc.). The study of two African mining projects will provide the opportunity to confront the conceptual aspects with reality in the field. Careful consideration of the participants’ suggestions will result in a set of indicators that can be easily understood and adopted by all stakeholders. The final objective is to measure the impact of a mining site on a local, regional and national sustainable development frame, throughout the full life cycle of a mine.

Jan 1, 2005