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By B. Gilbertson

This paper presents a method that enables one to estimate the risk-adjusted discount rate. that should be used In project discounted cash-flow analysis. The risk-adjustment process is carried out via the capital asset pricing model of modern finance theory, in which the appropriate measure of risk is the beta coefficient of the project concerned. The resulting discount rate thus depends on the properties of the project Itself, and not on the nature or cost of the capital of the firm considering the investment.

Jan 1, 1980

By J. G. Goodey, G. J. van der Linde

This paper describes pilot-plant tests on the recovery of apatite from a hitherto untapped material. This materialhydro- separator overflow-is very fine (80 per cent smaller than 45 µm and 32 per cent smaller than 10 µm). . The pilot-plant tests proved that the recovery of apatite from this material is economically and technically viable. This was confirmed by plant trials, which, in the early stages, produced concentrate assaying 36,6 per cent P2O5 at a recovery of 65,5 per cent.

Jan 1, 1983

Mintek now offers a service for the accurate measurement and analysis of air pollution in South Africa. 'The deteriorating air quality and general degradation of the environments in industrialized and urban regions of South Africa have been of concern for more than a decade', says Mintek's Dr Johann Engelbrecht. 'The accompanying effect on health, visibility, and damage to property and the environment have prompted the public, authorities, and industry to take appropriate action. A recent study conducted by the Medical Research Council on schoolchildren in the Vaal Triangle, clearly demonstrated the relationship between the deficient quality of the air in that area, and the resultant respiratory diseases.

Jan 1, 1996

Crossroads for Students Students in their matriculation year, whatever their background, have reached a crossroads in their lives: behind them lie the relatively carefree years of childhood; ahead lies the whole of their working lives. Whether those working lives will be rewarding and interesting depends to considerable extent on whether they get 'a good matric' and carry on to some form of further education. IPMI awards 1985 Nominations for the 1985 Awards are now being accepted by the Awards Committee of the International Precious Metals Institute. THE DISTINGUISHED ACHIEVEMENT AWARD was established to recognize important career contributions to the advancement of precious metals, be it technological, economic, or business.

Jan 1, 1984

By L. Woollacott, R. P. King

This paper presents data collected from full-scale plants in order to verify the predictions of a new simulator of CIP or CL operations. Good agreement was found between the experimental data and the simulator predictions. The simulator is able to predict the effects of many of the complex operating phenomena in GIP and CL plants that previous simulation techniques could not describe. This is illustrated by predictions of how factors, such as the manner of carbon transfer, concurrent leaching, and gold loading on eluted carbon, can affect the performance of an adsorption plant.

Jan 1, 1990

1. Book review Assay and analytical practice in the South African mining industry, byW.C. Lenahan and R. de L. Muray- Smith. Johannesburg, The South African Institute of Mining and Metalurgy, 1986. RlOO (R80 to Members). Reviewer: N.G. Randolph 2. Canadian publications A market profile for industrial minerals in Canadian manufacturing sectors, by M. Prud'homme and D. Francis. 1987. Micromedia Limited (144 Front Street, Toronto, M5J 1G2, Canada).The following three publications are available from the Centre for Resource Studies, Queen's University, Kingston, Ontario, Canada K7L 3N6. An analysis of Japanese coking coal procurement policies: The Canadian and Australian experience, by D.L. Anderson. Feb. 1987. $25. Technology policies in the Canadian mineral industry, edited by M.J. Wojciechowski. Sep. 1986. $20.Value-added taxation: Issues and impact for Canadian mines, by B.l. Dyack. Nov. 1986. $7.3. Mintek reports Report M295 A mineralogical investigation of refractory gold ores and their beneficiation, by P.M. Swash. Report M296 The determination, by distilation-spectrophotometry, of chlorine in apatite-type materials containing fluorine, by M. Solomons. Report M297 The interference of zirconium in atomic-emission spectroscopy using inductively coupled plasma, by P.l. Wright.

Jan 1, 1987

1. Journals Quarterly Journal of tke International Tin Research Institute, edited by Colin J. Evans and published by the Institute, Fraser Road, Greenford, Middlesex UB6, 7AQ, England. Engineering, building and construction law review, edited by P. C. Loots and published every two months by Construction Law Review (pty) Ltd (P.O. Box 78020, Sandton 2146, Transvaal), R63,00 per year. 2. Publications of the Mineral Policy Sector Nepkeline syenite and feldspar by B. W. Boyd Potask by G. S. Barry Selenium and tellurium by D. A. Cranstone Sodium sulphate by G. S. Barry Tungsten byG. G. Law-West 3. Mintek reports Report M114 Analytical methods associated with the recovery of uran~um. Report M117 An assessment of tke merits of various types of balls in tke milling of ores. Report MU1 Tke determinatl:on of trace elements in coal by atomic

Jan 1, 1983

By F. L. D. Cloete

The following discussion relates to the paper by G. S. Hansford, C. D. Levy, and J. W. de Kock that appeared in the March 1976 issue of the Journal (vol. 76, no. 8, pp. 363-369) Competition for student members Each year the South African Institute of Mining and Metallurgy offers a prize (or prizes should the entries warrant it) of up to RI00 for the best paper or dissertation on a topic appropriate to the interests of the Institute. Engineering in South West Africa The SW A Engineering Profession Steering Committee was established on 4th April, 1977, its purpose being to formulate an Act covering the engineering profession in South West Africa.

Jan 1, 1978

By A. A. Hazell

Mine management by objectives By A. A. HAZELL The author discusses the objective areas of mine management. Setting objectives is seen to be a conscious process which starts at the highest level of management. This enables clear objectives to be set at each lower management level. The methods of setting objectives in the areas of stope production, productivity and manager performance are set out in detail. In the area of manager performance emphasis must be placed on the practice of management. It is concluded from results obtained that "management by objectives" produces better than average perormances.

By P. R. Jamisch

The limitations of gold-mine evaluation by P. R. JANISCH, B.Sc. (Sur.) (Natal) (Visitor) Inherent uncertainty in the choice of parameter values places theoretical and practical limitations on the interpretation of a gold-mine valuation that are not necessarily removed by comparison of two valuations on the same assumptions. These limitations arise mainly in the estimates made of cost inflation and gold-price escalation, and lead to inconsistencies in the 'league table' method of investment analysis. The choice of discount rate is also critical in many cases. An approach to the overall problem that takes these limitations into account is suggested.

Jan 6, 1976

n interesting situation arose last week when two Vaal River residents wrote to me (and a third telephoned) giving me details of how Sasol wanted to develop an open-cast coal mine on the south bank of the Vaal, just upstream of the Barrage. This is agricultural land and is across the river from Millionaire?s Row, where a number of wealthy people have built river-side mansions. The mine would be hidden by a 30 m-high (10 storeys) earth wall set 300 m back from the edge of the river. It could operate 24 hours a day.

Jan 1, 1996

By J. A. C. Diering

The simulation of mining in faulted ground was recently described by Crouch. His method is extended here to enable a wide range of non-homogeneous mining problems to be modelled. Essentially, the boundary conditions at geological interfaces are incorporated into the overall iterative solution, which is necessary if faults and joints are to be modelled realistically. Two examples are given to demonstrate the method: the mining of coal a seam below a thick dolerite sill, and the mining of a flat reef in close proximity to a vertical fault where hangingwall and footwall rocks have different properties.

Jan 1, 1980

By A. A. Hazell

Mine management by objectives By A. A. HAZELL The author discusses the objective areas of mine management. Setting objectives is seen to be a conscious process which starts at the highest level of management. This enables clear objectives to be set at each lower management level. The methods of setting objectives in the areas of stope production, productivity and manager performance are set out in detail. In the area of manager performance emphasis must be placed on the practice of management. It is concluded from results obtained that "management by objectives" produces better than average perormances.

By F. Pinto, J. V. Lemos, A. Sousa, L. Ribeiro e Sousa

The Rossio railway tunnel was built in 1890 crossing several formations involving limestones, basalts and also sandy and clayey formations. Due to the fact that it is an old underground structure rehabilitation and repair works were performed, namely at Km 0,900 and in a zone crossed by a new tunnel from the Lisbon Metro. Reinforcement support systems were designed in the Rossio tunnel in order to prevent its stability. In this paper, repair works and anchor tests performed at km 0,900 are presented, as well as the monitoring system implemented in order to observe the structural effects induced by the construction of the works. For the interpretation of the obtained information complex 3D models was built, permitting the simulation of the sequential excavation scheme used, non-linear behaviour of the different formations, and the support systems used. Der 1890 erbaute Rossio Eisenbahntunnel durchoertert mehrere Formationen, einschliesslich einer Kalkstein-, Basalt- sowie einer sandigen und tonigen Formation. Auf Grund des Alters des unterirdischen Bauwerks wurden Instandsetzungs- und Reparaturarbeiten im Bereich km 0,900 sowie im Kreuzungsbereich mit einem neuen Tunnel der Lissabonner U-Bahn durchgeführt. Aussteifungssysteme wurden entworfen, um die Stabilität des Rossio Tunnels zu gewährleisten. Im Folgenden werden die Instandsetzungsarbeiten und Anker Tests im Bereich km 0,900 sowie das Messystem zur Ueberwachung der strukturellen Auswirkungen der Bauarbeiten dargestellt. Zur Interpretation der gewonnenen Informationen wurden komplexe 3D Modelle entwickelt, die eine Simulation des Bauablaufs und die Anwendung nichtlinearer Stoffgesetze fuer die verschiedenen Formationen und Aussteifungssysteme ermöglichten. Le Tunnel ferroviaire du Rossio a été construit en 1890, traversant des différents terrains comme des calcaires, des basaltes et aussi des formations limoneuses et sableuses. Dû à l’ancienneté de l’ouvrage, des travaux de réhabilitation et réparation ont été faits, nomment au km 0,900 et dans la zone traversée par le nouveau tunnel du Metro de Lisbonne. Des systèmes de support renforcé ont été conçus pour le Tunnel du Rossio de façon à rassurer sa stabilité. Dans ce papier, on présente les travaux de réparation et les essais d’ancrage réalisés au km 0,900, et aussi, le système d’auscultation mise au point pour l’observation des effets structuraux induits par les travaux. De façon à interpréter l’information résultant de l’observation, des modèles 3D complexes ont été utilisés, permettant la simulation de la méthode séquentielle de l’excavation, du comportement non - linéaire du terrain et, aussi les systèmes de support utilisés.

Jan 1, 2003

By R Kersten

The note describes an exercise on the simulation of the frequency and size of seismic events on the basis of the frequency distribution of the events and their inter-arrival times (Le. the frequency distribution of the time elapsed between events). From the suite of available results, those of one simulation for a period of three months are included. The tentative conclusions drawn from the exercise indicate that the overall seismic activity in an area can be predicted for a time period, that structurally complex areas will have a higher incidence of seismic events than other areas, and that the position and time of an event cannot be predicted by the use of a wide-spread system such as that used at present.

Jan 1, 1985

By A. C. Coetzee

Blinkpan Koolmyne is as ten voile gemeganiseerde steenkoolvoorsiener aan die 1 000 MW Evkom-kragsentrale in die Oos-Transvaal, onderhewig aan groat seisoenale produksieskommelinge. Die aanwending van 'n groat bogrondse oap opgaarhoop vir die uitstryking van hierdie wisselende aanvraag word beskryf. Twee produksierasionaliseringsfases wat hierop volg het besondere bemoedigende resultate gel ewer, beide in toerusting- en mannekrag-produktiwiteit. Die aanwending van 'n rekenaarprogram vir die simulering van ondergrondse afbouaktiwiteite met die oog op toerustingkeuse, word aangegee. Voorlopige resultate wat in die praktyk behaal is dui op 'n hoë mate van betroubaarheid vir die program, terwyl die gebruik van die nuutste tipe hoë -kapasiteit laaimasjiene, koolsnyers en wisselkarre, groat potensiaal inhou.

DISCUSSION: The value of incentive payments in the mining industry by K; SMITH Published in the Journal, May 1974 H. P. CARLISLE* The author has drawn attention to one of the most important of mining problems, viz productivity, and in so doing has highlighted, perhaps inadvertently, the difficulty of assessing productivity. Competition for Students Each year the Institute offers a prize (or prizes should the entries warrant it) of up to R100 for the best paper or dissertation on a topic appropriate to the interests of the Institute. Corrigendum The Journal, May 1974, p. 377 We regret that the last portion of A. A. Hazell's contribution to the paper 'The value of incentive payments in the mining industry' by K. Smith was printed in the wrong sequence.

Jan 10, 1974

By J. T. Davies

Note: Melting techniques in the iron foundry by J. T. DAVIES* INTRODUCTION The selection of melting equipment for use in an iron foundry has for several years been the subject of numerous discussions, papers, and conferences. The controversy that has raged throughout the world has been brought about by the following factors: IF AC Symposium The 2nd IF AC Symposium on Automation in Mining, Mineral and Metal Processing will be held from 13th to 17th September, 1976, at the Carlton Hotel, Johannesburg. Advance registration takes place on 12th September, 1976. World phosphates The Minerals Bureau of the Department of Mines has released the second publication in its series of reports on the economic aspects of minerals that are of particular importance to South Africa.

Jan 7, 1976

By M. J. Southwood

SYNOPSIS Experiments carried out under atmospheric pressure and temperature (25°C) and sterile conditions show that the dissolution rate of nickel and copper from a pyrrhotite-pentlandite-chalcopyrite ore in a lixiviant of sulphuric acid is greatly enhanced in the presence of pyrite. At a pH value of 1,8 and in the presence of pyrite of equal mass to that of the ore, the recoveries of nickel and copper improved dramatically (21 and 80 per cent respectively). At a pH value of 4,0 the recovery of nickel was enhanced, but the chalcopyrite was refractory. A galvanic mechanism is probable, but cannot be proved from these experiments. The economic implications of the results are discussed.

Jan 1, 1985

By J. Meintjes

The measures taken by Rand Carbide Limited from the 1950s to 1976 to control dust emission from the electric furnaces at its Witbank factory are described. A new design of furnace for calcium carbide followed by a dry-fabric filtration plant for the furnace gases was not successful in arresting the dust. A 131 m chimney commissioned in 1968 effectively dispersed the dust-laden gases from both carbide and ferrosilicon production and so brought considerable alleviation. In 1974 a bag-filter dust-collecting plant was successfully commissioned on a 6 MV.A carbide furnace, and this was followed in 1976 by a bag-filter plant on a 46,5 MV.A ferrosilicon furnace. The company has spent considerable effort and money over two decades in trying to combat dust emission, but eventual success had to await technological development.

Jan 1, 1978