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One of the features of modern life has been the increasing speed of change. We see this in many facets of activity, but in few areas more clearly than in the financial sector. The speed of communication and the advent of screen trading have made world markets one.We have titled this presentation "Cycles". It has been the conventional wisdom that Economies, Metal Prices, Equity Markets, etc. move in cycles. The objective of our presentation is to examine these cycles, to comment on the interrelationships, and to postulate where we are in The Current Cycle". We will draw conclusions as to where one should direct effort in the Mineral Scene over the next decade or so.Throughout this discussion we will use various terms to describe Time. The "Short Term" is typically meant to refer to the next six months: the "Medium Term" is one to two years; and the "Long Term" is the three to five year horizon.

Jan 1, 1990

The precious metallogenic belt and its geoloqical-tectonic location in eastern China.The precious metallogenic belt of eastern China is located in the western part of the Pacific gold metallogenic belt, and occurs in the upper levels of the continent cut by a deep fault structure tending NNE and NE, and active during the Mesozoic. The precious metallogenic period ranges mainly from Late Jurassic to Early Cretaceous (160 Ma-110 Ma); subordinate mineralisation occurred during the Hercynian period, and was rare in the proterozoic.Seven precious metallogenic belts are recognised from east to west, i.e. from continent to the margin active belts, as follows:1. Au-Ag-Te metallogenic belt of East Shandong Province2. Au-Ag-Pb-Zn metallogenic belt of west Liaoning-Miyun area3. Au-Os-Ir-Cr-Cu Mo metallogenic belt of Chengde Pingquan area4. Au-Ag-Pb-Zn metallogenic belt of Zhang Xuan area5. Au-Ag-Pb-Zn metallogenic belt of Zhejiang province6. Au-Ag-Se metallogenic belt of East Qinling area7. Au-Pd-Cu-Mo metallogenic belt of Wansu area

Jan 1, 1990

By Kazue Moriya

At the 1980 TMS-AIME world symposium, Dr. Davey mentioned that the traditional lead blast furnace is now being challenged by direct smelting processes. In the copper smelting field both the blast furnace and reverberatory furnace are also disappearing in favour of direct smelting processes such as Outokumpu flash smelting, Mitsubishi continuous smelting, Noranda furnace, Inco furnace and so on. Those new processes all have the following in common: (1) High degree of mechanization (2) Metallurgical reactions carried out in closed vessels (3) Application of oxygen and/or oxygen enriched air (4) Minimization of handling materials and gaseous volume (5) Minimum energy requirements (6) Removal of workers from near the furnace (7) Reduction of emissions of harmful gas to meet environmental regulations. (8) Improvement to the work place environment to avoid occupational hygiene hazards. Direct and continuous smelting of powdered concentrate in one vessel was a romance of the metallurgist since early times. However as mentioned above, in the copper field this objective is being achieved in practice. The industry however can't deny that the serious and severe regulation of environmental pollution in every country was the prime motive for the modernization of smelters. In early days, to meet regulations, it was anticipated that many economic difficulties such as higher capital and energy costs and extravagant use of resources and waste disposal would be the result. "Turn a misfortune into a blessing" is an old saying which reveals the current thinking and reacent developments in the nonferrous industries. In the last ten years in the lead smelting field, about two decades later than copper, commercial scale smelting using new furnance technology has started. The KIVCET process and QSL process, which is flash smelting and bath smelting respectively, are becoming major competitors. They will be sure to upgrade their processes to remain economically and environmentally viable in the comming decade.

Jan 1, 1990

By C. R. van Staal, L. R. Fyffe, J. A. Winchester

"The geochemical characteristics of Early Paleozoic volcanic rocks are used to establish the following tectono-volcanic regimes in the northeastern mainland Appalachians: foreland continental rift volcanics; fore-arc ophiolites; island-arc volcanics; back-arc ophiolites; and back-arc ensialic volcanics. A Late Precambrian calc-alkaline magmatic arc bounds the Early Paleozoic volcanics to the southeast.The Precambrian calc-alkaline volcanics of the Caledonian Highlands, primitive Cambro-Ordovician oceanic-arc volcanics of the Eastern Townships, and within-plate Ordovician volcanics of the Miramichi Highlands can be related to a progressive change in mode of subduction from compressional Andean-type in the Late Proterozoic to extensional Western Pacific-type in the Early Paleozoic. The development of marginal oceanic basins in the Paleozoic created a more favourable environment for volcanogenic sulphide deposition, particularly in back-arc areas.The influence of tectonic setting is reflected in the distribution, size and metal ratios of the massive sulphide deposits associated with the volcanic rocks; deposits within intra-oceanic arcs in the Eastern Townships of Quebec average two million tonnes grading 2.2% Cu, 4.0% Zn, and 0.6% Pb, whereas those within a back-arc, ensialic rift near Bathurst, New Brunswick, average nine million tonnes grading 0.6% Cu, 5.4% Zn, and 2.2% Pb."

Jan 1, 1990

By X. S. Tan

This paper deals with the analysis of stress condition on the interface between two types of floor rock materials when the vertical stress is larger, or when the horizontal stress is larger in a rectangular opening. It indicates that the floor Failure and the failure stress of floor rocks are closely related. It also demonstrates that a larger horizontal stress is one of the most important factors in increasing the potential for floor rock failure and floor heave.

Jan 1, 1990

By M. S. Frasad

The State of Minnesota is interested in stimulating the development of clay resources and recently supported a two year project to collect data on geological, mineralogical, processing, economic and environmental aspects of such potential developments. This paper presents the .various process options adopted on the bulk samples collected from the Minnesota River Valley area which is a primary deposit and contains a major silica fraction. A standard test flowsheet involving degritting, dispersion, HGMS, and cycloning was developed and for some samples yielded an acceptable filler grade product. Secondary streams containing relatively high grade kaolin but of coarse size were also obtained. Improvement in particle size distribution and in physical properties related to paper product specifications (brightness, viscosity) were obtained by size reduction processes. Market and economic considerations for kaolin consumption in the upper Midwest are analyzed. Current markets for paper grade kaolin in Minnesota were briefly discussed.

Jan 1, 1990

By James G. Schotsch

Unmapped abandoned mines are hazards for under¬ground mines, surface mines and surface structures. The Radio Imaging Method (RIM) provides a cross borehole technique to remotely detect abandoned mine works. RIM was used at the Buck Creek Mine, an underground coal mine, to determine the extent of unmapped mine works. The information provided by the RIM survey assisted the mine planners in developing their mine.

Jan 1, 1990

Computer programs commonly used to simulate mining operations generally require a fair amount of data. The common data input methods have been by either creating an ASCII data file or answering numerous questions during the data input phase. Both methods of data entry are tedious, time consuming, and inflexible. A screen handling system has been developed to drive FORTRAN-77 application software for the MS-DOS environment. The system utilizes keyboard functions with an aid of extended ANSI codes. It also allows a multi-view input data entries.

Jan 1, 1990

By J. Alton Burks

When acoustical materials are used in a mining environment for noise control purposes, they are subject to environmental deterioration from hydraulic fluid, moisture, and dust. These and other factors can cause physical degradation of the material, which can lessen its ability to absorb sound. In this study, the Bureau of Mines measured the sound absorption properties of 16 different acoustical materials after 4 sample treatments: (1) being kept clean and dry (as received from the supplier), as a control or reference standard, (2) immersion in water and draining, (3) immersion in lOO-pct-petroleum-type hydraulic fluid and draining, and (4) exposure in a coal mine. The last three treatments were used to approximate the type of physical degradation that can be experienced in actual use. The impedance tube or standing wave method was used to measure the normal absorption coefficient. It was found that the absorption coefficient of most materials was adversely affected by the retention of either oil or water, with oil having the greater effect. The only class of materials that was affected by neither oil nor water was neoprene foam.

Jan 1, 1990

By L. Xu

Since the establishment of the standard dust concentration of 2 mg/m3, a strong effort has been made by mining engineers and researchers to provide better dust control equipment and procedures for underground coal mines. Particular areas of success have been control of dust generation by better coal-cutting strategy, better design of water sprays for dust suppression and air movement, use of scrubbers, and improved design of face ventilation systems. A drastic improvement occurred over time such that the average dust concentrations for continuous miner operators dropped from 6.5 mg/m3 in 1968 to 1.3 mg/m3 in 1980 and for auger, cutter, longwall, and roof bolter occupations from 2.7 mg/m3 in 1973 to 1.6 mg/m3 in 1980 (Niewiadomsky, 1983).

Jan 1, 1990

By R. M. Guymon, D. D. Lauriski

Safety management can best be described as how each company deals with the control of hazards (human or mechanical) to reduce costly accidents and employee injury caused by accidents. Properly used, effective safety management can mean the difference between being a highly productive, cost-efficient operation or one that "walks the fence," that is less productive with higher product costs. At Utah Power & Light Co's mining division, effective safety management has been used as tool to achieve this difference and remains as the number one priority to maintaining that difference.

Jan 1, 1990

By C. L. Karr

The U.S. Bureau of Mines is optimizing the design of an air-sparged hydrocyclone. This report summarizes the initial stage of the project-the prediction of collision efficiencies for use in a comprehensive air-sparged hydrocyclone model. The equations of motion are presented in nondimensional form and solved numerically for a small spherical particle passing around a larger bubble in an infinite fluid under the influence of a strong force field. Collision efficiencies are determined from the calculated particle trajectories for values of Stokes' number, K, between 0.01 and 100 and for values of the nondimensional force, W, between 0.0 and 100. These large values of K and Ware needed to model high-performance flotation devices like the air-sparged hydrocyclone; solutions for the required K and W values have not appeared in the literature prior to this study. Effects of changes in particle-to-bubble radius ratio are considered for both viscous and potential flows. The results help predict the improved recovery of fine particles when flotation is performed in a strong force field.

Jan 1, 1990

By Kfw Eick

The paper describes the use of the Nonel millisecond delay blasting system in narrow, deep, tabular ore bodies and briefly describes the standard stoping method as used on Harmony Gold Mine and compares this with the new Nonel short panel system.

Jan 1, 1990

By Kelly GD

Prior to 1986, users of satellite based remotely sensed data were almost exclusively reliant on the United States Landsat series of satellites to monitor our Earth's resources. This situation changed when France, Belgium and Sweden launched SPOT-1 in 1986. The year of 1988 saw the Japanese also enter into the earth resource satellite business. The Japanese launched an earth resource monitoring satellite with an emphasis on marine resources, hence the name MOS-1 (Marine Observation Satellite). Many more remote sensing instruments are planned for launch by these nations and others in the next 10 years.

Jan 1, 1990

Blasting is known to be both an important and an easily quantified cost factor in rock breaking operations. However, the indirect costs and benefits of the blasting operation are not easily determined due to the irreversibility of the mechanisms involved and the multiplicity of influencing factors. A general conceptual model showing the relationship between blasting and mining costs is well known, but serious attempts to address the critical real relationships have all floundered on the fact that not enough is yet known about either detonation physics or blasting effects. This can only be remedied to the extent that blasting instrumentation enables researchers to pin down not only the relationship between the detonation process and its impact on a particular environment, but also the downhill costs of handling the rock, repairing any damage and building in "Safety Factors" to provide for imponderables. It is vital to standaraize on specifications for instrumentation and measurement techniques and there is a need to review what has been achieved in blasting expertise so as to focus on the most fruitful paths for future work.

Jan 1, 1990

By Kershaw M. G

At the Risdon plant of the Electrolytic Zinc Company of Australasia Limited, impurities toxic to the electrolytic production of zinc metal, notably arsenic and antimony, have traditionally been coprecipitated when precipitating iron as ferric hydroxide. With the development of a new lead/zinc mine at Elura, New South Wales, it was anticipated that the concentration of impurities, particularly arsenic, in the zinc sulphide concentrates treated at Risdon would increase. This suggested that an increase in the capacity of the iron purification step in the Risdon plant would be required to cope with the higher input of these impurities.Laboratory investigations showed that the additional capacity would be achieved, either by a large increase in the amount of iron used as the "collector" in the process, or by a two-stage process. The latter approach was preferred as a increase in the amount of iron precipitated would lead to much higher operating costs and overloading of the existing equipment.In the two stage procedure, acidic iron bearing solution is added to solution feeding the first stage and most of the arsenic removed from solution when iron is precipitated from solution by neutralisation with limestone. Mter separation of the precipitated solids, acidic iron bearing solution is added to the solution, and remaining arsenic removed almost completely following neutralisation by limestone.This paper describes the laboratory and pilot plant results and the plant modifications required. Abrief account is also given of the operator training and acceptance in the use of the digital control facilities installed in the new plant.The new plant is working well and good solution purity is being maintained despite a substantial increase in the concentration of impurities in the raw materials.

Jan 1, 1990

By J. V. Thompson

The Powderhorn complex as a source of perovskite (calcium titanate) containing about 1.5% rare earths has been examined in several recent feasibility studies. Much promising exploration and process research has been done in recent years. This paper is presented with cautious optimism and with the acknowledgment that there may be some technical and economic areas yet to be explored. The Powderhorn carbonatite and alkalic stock in Gunnison County, Colorado, lies about 203 airlines km southwest of Denver at an elevation of 2450 to 2750 m (see Figures land 2). All of the mineable ore bodies are owned by Buttes Resources Company of Houston, Texas.

Jan 1, 1990

By M. M. Hajdasinski

"Any study in the field of theoretical investment analysis, or practical project evaluation, must be based on the assumption of one of the commonly applied models of time and value representation, and the corresponding interest convention. The lack of clear assumptions in this regard may easily confuse both the author of the study and the reader, and sometimes even lead to inaccurate results.In the first part of this paper formal definitions of the continuous and discrete models of time and value representation are introduced; in the second part, the importance of transparent assumptions is shown using a concrete example of inflation calculation in project evaluation.IntroductionIn his recent paper, L.D. Smith(10) discusses an important aspect of mine investment analysis: inflation in project evaluation. His interesting presentation of current practices of handling inflation by Canadian and international mining companies in their feasibility studies ends, in the conclusions, with a call for clear assumptions made when evaluating mining projects.With this call, an important issue has been addressed. The lack of clearly stated assumptions, or their incompleteness, are relatively frequent with regard to the interest convention or the model of time and value representation assumed when evaluating mining projects. It is, for example, fairly common that the quantitative evaluation of a project is performed according to the discrete model of time and value representation and the discrete interest convention, and the graphical presentation, supporting this evaluation, reflects the continuous model.Sometimes such an ambivalency means nothing more than just a formal inconsistency; there are cases , however, that may well lead to a serious confusion and /or to inaccurate results . Before this can be demonstrated on a specific example, a concise description of the models of time and value representation used in the evaluation of industrial projects seems to be in order. Although these models (especially the discrete one) have been in common use in the research and practice of financial analysis for considerable period of time, they have been applied rather intuitively, and their forma] definitions are difficult to find even in the standard textbooks on Engineering Economy."

Jan 1, 1990

By Michael Hood

High-volume, low-pressure water jets have been employed for erosion of loosely consolidated rocks for centuries. This excavation method finds application in specialized circumstances even today. The use of high-pressure, low-volume water jets for rock cutting is more recent and was made possible by the development of high-pressure water pumps. Despite the benefits often claimed for these systems, high-pressure water jets still have not found widespread application. In this report, the U.S. Bureau of Mines has reviewed the various methods that have been employed using water jets to break rock and has focused on one method, termed "jet-assisted cutting," which was determined to be the closest to commercial development. The current state of knowledge based on laboratory and field experiences using this cutting method is reviewed, and possible future developments for this approach to excavation are assessed.

Jan 1, 1990

By LaRay Collyer

San Juan Mine began pre-splitting the highwall prior to cast blasting in August 1986. The first pre-split shot used six inch PVC (polyvinylcloride) pipe inside a 10 5/8 inch hole, drilled at a 74 degree angle. The powder factor was about .90 pounds per cubic yard.

Jan 1, 1990