Search Documents

By Carlos Virrueta Zevallos

El presente texto describe los lineamientos necesarios para construir un sistema de control de perdidas sólido en la Corporación HOCHSCHILD MINING DNV, el cual se basa en un liderazgo, compromiso y administración efectiva del sistema como puntos vitales para el éxito, protegiendo la vida de las trabajadores, la propiedad, los procesos y medio ambiente.

Sep 12, 2011

By Michael Cooper, Eric Konigsmann, A. Moerman

"A paste backfill plant and underground piping distribution system was commissioned at the Brunswick Mine in June, 1998. Concentrator tailings, composed mainly of pyrite and lesser amounts of silicate minerals with a P80 of 37um (45 YO-20 pm), are pumped to the backfill plant. The backfill plant uses conventional thickening and disc filtering to dewater the solids, which are then mixed with binder in twin screw mixers. The paste is discharged through a gob hopper and one of three boreholes by gravity. Approximately 65% of the concentrator tailings will be placed underground at full production. The remaining thickened tailings will be pumped to an existing impoundment area. Application of paste technology will completely replace the use of cemented rock fill in the mine by the end of 1998.The design capacity of the paste backfill plant is a total of 360 dmtph of cemented paste through two parallel production lines. The plant is highly instrumented and controlled via a hybrid Programmable Logic Controller (PLC-5) and Fisher ProVox Distributed Control System that is in communication with the property information highway. Video and audio signals from the underground system are carried to the surface plant via a leaky feeder communications/fiber optic system.The underground distribution system consists of a network of 200mm diameter boreholes and piping. There are approximately 3.5km of boreholes and 5.5km of piping in the system. To minimize pressures, the greatest piping length from any borehole is approximately 400m with all piping being open-ended. There are no valves in the entire paste distribution system.Construction of the plant, including installation of piping to and from the plant and preparation of the underground distribution system, was completed in less than one year from the time of management approval for the $M 22.3 project."

Jan 1, 1999

By S Vianna, K Caldwell, R Silva, T Olson, D Bell

Studies to enhance the FLSmidth forced air machine through changes in the design, showed important improvements through changes in the number of Rotor blades, stator designs, rotor air distribution and other designs features. The main outcomes from this study highlighted that increasing the number of rotor blades increased the selectivity while decreasing power requirements while stators with slots have better results in terms of recovery, flotation efficiency and selectivity than without slots.Also the rotor air distribution makes a difference in the design when comparing different distribution criteria whilst keeping all features of shape and number of blades etc constant. At the most efficient rotor air distribution design, copper recovery reached one of the highest values while keeping good selectivity. The possible explanation for that is the increase in the pump capacity indicated by the increase in the specific power.It was seen as significant that reduction in specific power for some designs tested compared with the then current standard design had an average of 30% less power consumption.As a result, FLSmidth was able to identify new designs that decreased power and improved recovery, as well as, identifying some designs that specifically improved fine and/or coarse particle recovery.CITATION:Silva, R, Caldwell, K, Bell, D, Olson, T and Vianna, S, 2013. FLSmidth flotation developments - Dorr Oliver machines, in Proceedings MetPlant 2013 , pp 413-430 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 15, 2013

By Joseph L. Condon

Fifteen shots of three explosives with charge weights of 0.52, 1.1, 3.1, and 5.1 kilograms were fired in a pond to study the seismic effects of detonating explosives in water. Shock pressures and bubble periods were measured with pressure transducers in the water. Vibrations were measured on land in three orthogonal directions with particle velocity gages. Statistical tests indicated that a charge weight exponent of 0.43 best scaled the data. While shock pressures and bubble periods showed considerable differences in explosive performances, the amplitudes of ground vibrations showed less difference, and one prediction equation was therefore derived to estimate vibration amplitudes from all the explosives.

Jan 1, 1970

By Kazunori Matsushita, Frank Vespi, Emi Walder, Mitsuo Nozu

During the runway expansion project at the Fort Lauderdale-Hollywood International Airport in Florida (FLL project), therewere complicated geotechnical issues with a number of cavities in the limestone-loose sand mixed ground thatexisted in many areas below the existing ground. Collapsing the cavities and compacting the runway foundation to secure the take-off and landing of aircrafts was a necessary requirement for the project. The Mammoth Vibro-Tamper (MVT) which produces less vibration and noise level, was proposed and accepted as the alternative to the originally specified Deep Dynamic Compaction (DDC) for the runway with its length of 1.5 miles and area of 570,000 square yards. In this report, the shallow compaction effect and reduced ground vibration with the MVT are presented in comparison with the DDC which was utilized on the same project in a different area of the airport. INTRODUCTION MVT was developed by Fudo Tetra Corporation in the 1960’s and has been widely used in Japan (more than 14,400,000 square yards). For example, at the Kansai International airport, a large area including aprons was compacted with the MVT. It is capable of compacting up to approximately 5m in depth by using a heavy steel plate (3m x 3m) and a strong vibrator motor (V-180, 10Hz) on top of the steel thick plate with specified time duration. We were involved in densification work with the MVT at the Fort Lauderdale Airport Project (Figure 1) from June, 2012 to February, 2014. Deep Dynamic Compaction (DDC) was originally specified as the compaction method to secure the relative density over 70% in every 2,000 square yards grids, however, we proposed the application of MVT to reduce the vibration risk and it was accepted as the alternative (Figure 2). The compaction work was completed in February 2014, without causing any delay in regard to the residual settlement due to the high embankment (H=60ft=18m).

Jan 1, 2018

By P. B. Baxendell

The appraial of producing properties and profitability ntzalysis of a proposed capital expenditure are based on the same principles. In both problems a projection of future cash income is. cornpared to one or more capital expenditures. Several different methods have been in use either to compute a price to obtain a given earning power on the investment or to compute the earning power which will result from a given capital expenditure. One of these, the "Average Annual Rate of Return" method, computes in a simple manner the ratio of the present value of the future earnings after amortization to the present value of the undepreciated balances of the investment over the life of a project. This method, not well known generally, appears to have some rather unique advantages in reducing the computation work required, eliminating trial-and-error solutions, and providing a more accurate answer when applied to oil industry investments subject to the unit-of-production basis of amortization. Its derivation is given and its versatility demonstrated in the solution of certain everyday investment problems. A number of charts, useful in applying this method to profitability analysis and appraisal work, are provided. The current trend in the market values of producing properties is shown. INTRODUCTION Making sound capital expenditure decisions requires an objective means of measuring the productivity of individual investment proposals. Since the best measure of the economic worth of such proposals is their ability to produce profits, it is common practice to grade proposed capital expenditures according to their annual earning power as a percentage of the outstanding capital. The same principles which govern the determination of the rate of return of proposed capital expenditures also apply generally to the problem of determining the appraisal value or purchase price of income-producing oil and gas properties. Both problems are of prime importance in the producing phase of the oil business, where management is faced daily with decisions to drill or not to drill certain development wells, or with the determination of the appraisal value of producing properties. The common feature in both problems is that a projection of future cash income is compared with a known or estimated capital investment to determine itsiearning power or annual rate of return. In the case of development drilling, the cost of the proposed well can usually be estimated with a fair degree of accuracy and the problem consists of finding the rate of return on the invested capital. In the case of appraising producing properties, on the other hand, the desired rate of return is usually known in advance and the problem consists of determining the purchase price which, for the given income projection, results in the fequired rate of return. Certain accounting procedures common to the oil and gas producing business make these two problems and their solutions somewhat different from corresponding problems in other industries, and, in certain ways, simpler. The main difference is in the amortization policy which, for oil and gas production, is frequently on a unit-of-production basis, compared to the amortization on a time basis used in many other industries. The purpose of this paper is to discuss briefly the various methods currently in use for the measurement of productivity of invested capital in producing properties and, in more detail, the derivation and application of what will be called the "Average Annual Rate of Return Method". This rather interesting and not too well known method has some very definite advantages in the solution of many problems common to the oil industry. For the sake of simplicity, federal income tax considerations have been disregarded in the examples used, since they do not affect the principles involved. The use of the production payment route in the sale or purchase of producing properties, which has been amply covered in many other publications, has also not been included in this analysis. METHODS FOK MEASUKING THE EARNING POWER OF INVESTED CAPITAL, Of the many different methods used to measure the earning power of invested capital, four are applicable to oil or gas production ventures. Depending on whether these four methods utilize one or two interest rates, and whether a fixed amortization pattern is used, they may be classified as follows.

By Sunil Koppalkar, A. R. Laplante

"A Pilot Plant was installed in one of the grinding circuits of the Dome Mill, Ontario, Canada. Tests were conducted on a KCCD12 Knelson Concentrator to systematically analyze the effect of operating variables on the performance. The main objective of this test work was to explore the effect of very coarse (6 mm) feed size on GRG recovery and performance of the Knelson concentrator. Preliminary results have shown that coarse feed size is deleterious to maximizing recovery. Size-by-size GRG recoveries have shown an unusual trend in the sense that recoveries do not decrease monotonically with decreasing gold particle size. Similar trend observed in one other full-scale unit has been compared. The observed trend is probably linked to the feed size distribution and top size.INTRODUCTIONKnelson Concentrators are the most widely used semi-continues centrifuge gravity separation units for the recovery of gold and platinum group minerals (Xiao and Laplante 2004). The main advantages over the competing centrifugal gravity units are their design, operating simplicity and good separation efficiency that make them the most common choice for gravity circuit. Despite some characterization at bench scale and a limited characterization at full scale, there is a lack of a comprehensive study of impact of operating variables on efficiency that reflects realistic full scale operating practice. GRG characterization studies, at bench scale, on these units provide information about the occurrence of gold in ore samples but fail to provide adequate information about the effect of operating variables for full-scale units. It is well known fact that such work is difficult to undertake on full-scale units owing to the difficulties involved in sampling and systematic variation of operating parameters. To tackle these problems, a pilot facility consisting of a 12-in CD Knelson Concentrator, a feed screen and tailing pump was installed in one of the grinding circuits of Dome Mill. This paper describes the work carried out and the results.Porcupine Joint Venture (PJV)Porcupine Joint Venture was formed in 2002 between Placer Dome Inc. and Kinross Gold Corporation. The JV utilizes the milling capacity of the Dome Mill to process ore from Placer Dome and Kinross mines. The Dome Mill circuit has gravity concentration, cyanidation and CIP circuits to recover gold. Gravity recovery has been used at Dome Mill since inception to recover gold: first by using conventional jigs, which were eventually replaced by two Knelson Concentrators in 1993, one in each of the grinding circuits. Three more Knelsons joined the circuit in 2002 to improve gravity recovery. An Acacia Intensive Leach Reactor was also added in 2002 to process gold concentrates replacing shaking tables (Chong et al 2004)."

Jan 1, 2007

The objectives of this paper are two-fold. First, it will show what problems can arise when single estimated values are substituted for a distribution of values when evaluating an open pit mine project in the face of uncertainty. Secondly, it will show how the ability to deal with uncertainty and risk in mine project evaluation can have a significant impact on the ownersÆ and stakeholdersÆ investment decision-making. Here a new mine evaluation framework, the integrated valuation/ optimisation framework (named IVOF), is introduced as an alternative tool for mine project evaluation where uncertainty and risk are incorporated in the evaluation process.

Jan 1, 2009

By Oliver Bowles

The manufacture of lime is one of the oldest industries. Plants are distributed widely and furnish an essential raw material for numerous industries. The use of lime by the building trades, in agriculture, and in hundreds of manufacturing and chemical processes has created demands for a large production and has necessitated exhaustive research on methods of manufacture and uses. The bibliography of lime is an extensive one, but for the most part each publication has dealt with only certain operations. The purpose of this paper is to present a general picture of the industry as a whole. The abundant literature has been abstracted and quoted freely, and the National Lime Association has rendered valuable assistance in furnishing data for certain sections. Publications containing more detailed information on the various branches of the industry are referred to in the footnotes and in the bibliography.

Jan 1, 1936

By Bern Klein, Randy Blaskovich, Reem Roufail

"Morphology is a tool that is rarely used for mineral breakage mechanism evaluation. Ground particles are typically assessed for their size distribution. They are also visually analyzed using image analysis. However, image analysis is not a comprehensive evaluation of the particle surface texture. It evaluates particle’s size parameters such as area, diameter, and perimeter amongst other features. On the other hand, morphology analysis takes the particle assessment to another level of detail. Morphology analysis evaluates particles’ roundness, elongation and angularity that would indicate the degree of roughness of the particle. According to Roufail and Klein (2009), rougher surfaces are generated due to breakage along grain boundaries – intergranular breakage. Mill operation, particularly mill speed, dictates the dynamics in the mill. Stirred mills are known to break the particles via abrasion under standard operation. However, if the dynamics of the grinding media in the mill are changed, the particles could be more exposed to impact and compression loading that would lead to a different mode of breakage.In this paper, the effect of material properties and mill operating conditions on particle morphology will be studied. Hard non-sulfide versus soft sulfide minerals are compared, namely quartz and galena, respectively. Extreme mill speeds are tested covering the range of 1000 to 2000 rpm for a 4-litre Netzsch (ISA) mill. In addition to particle size distribution, micro-analysis is executed in the form of morphological analysis using a tested manual roughness point counting technique.INTRODUCTIONGrinding in general and stirred milling in particular are processes that are used to break particles to liberate metal-bearing minerals for further separation downstream. The energy required to achieve the target particle size versus maximum possible liberation has been studied intensively and it is usually the breaking point for the grinding system chosen in a process flowsheet. Operating conditions are dictated by the energy consumption. Becker et al. (2001) related different forms of energy such as input, specific, volume/mass specific energies to stress intensities and final product fineness. Other research studies focused on energy input in a stirred mill (Zheng, Harris and Somasundaran, 1996)."

Jan 1, 2011

By Don Rose

INTRODUCTION A number of tunnels supported and permanently lined by steel-fiber-reinforced shotcrete (SFRS) have been built in North America in the 1980s. The material is more economical than, and technically equal or superior to, conventional shotcrete using wire mesh. The design and construction of SFRS-lined tunnels is straightforward, and only a few new design principles, laboratory tests or construction equipment modifications appear necessary in order to use this material. Modern tunnel Contractors may use cyclic drill-and-blast methods on some tunnels, with intermittent shotcreting as part of an orderly cycle. The Dry Mix method is most suitable for cyclic, intermittent, relatively small-scale shotcreting. However, modern Contractors excavating tunnels continuously using large long Tunnel Boring Machines (TBMs) or Roadheaders may prefer Wet Mix shotcreting on a mass production basis. In either case, the use of steel-fiber-rein¬forced shotcrete (SFRS) promotes the rapid and economical excavation of tunnels. The addition of microsilica will improve SFRS properties and reduce rebound, and is expected to become standard practice with SFRS in North America, as it now is in Scandinavia. HISTORICAL REVIEW Steel-fiber-reinforced shotcrete (SFRS) at the present time (1985) is essentially conventional shotcrete with straight or deformed steel fibers added, and in general SFRS for tunnel linings encounters the same problems that conventional shotcrete does. Shotcrete history is well known. The use of sprayed plaster on wire frames for mounting animal skins by Carl Akeley of the Smithsonian

Jan 1, 1985

By Jue Kou, Lei Yu, Bern Klein, Lusheng Zhou, Chunbao Sun, Genzhuang Li, Reem Roufail, Amit Kumar

Magnetic liners can improve the performance of ball mills by increasing grinding efficiency, extending service life, and reducing maintenance costs. Despite their importance, the fundamental understanding and the quantitative investigation on the effects of the magnetic liners has not been addressed in the literature. This paper addresses this gap by studying charge motion, and how the use of a magnetic liner affects the breakage mechanism of the mill, using discrete element method (DEM) modeling and the Hertz-Mindlin contact model with relative velocity dependent (RVD) rolling friction. Charge motion was modeled under different mill speeds. Compared to conventional steel and rubber liners, the charge motion in the magnetic liner mill was predominantly cascading. Quantitative analysis of the energy dissipation within the mill was conducted to investigate mill breakage. Regardless of speed, over 50% of the total energy dissipation in the magnetic liner mill was in the form of abrasion and attrition. The results highlighted the appeal of magnetic liners in secondary and regrinding application, where abrasion and attrition are considered more efficient in the fine material breakage, and where impact is ideally minimized to reduce mill wear. A number of experiments were conducted to assess the effect of different model parameters on the performance of the magnetic liner mill. The highest abrasion/attrition intensity was observed with high values of the model parameters namely the restitution coefficient, static friction coefficient, and rolling friction coefficient.

By Jue Kou, Lei Yu, Bern Klein, Lusheng Zhou, Chunbao Sun, Genzhuang Li, Reem Roufail, Amit Kumar

Magnetic liners can improve the performance of ball mills by increasing grinding efficiency, extending service life, and reducing maintenance costs. Despite their importance, the fundamental understanding and the quantitative investigation on the effects of the magnetic liners has not been addressed in the literature. This paper addresses this gap by studying charge motion, and how the use of a magnetic liner affects the breakage mechanism of the mill, using discrete element method (DEM) modeling and the Hertz-Mindlin contact model with relative velocity dependent (RVD) rolling friction. Charge motion was modeled under different mill speeds. Compared to conventional steel and rubber liners, the charge motion in the magnetic liner mill was predominantly cascading. Quantitative analysis of the energy dissipation within the mill was conducted to investigate mill breakage. Regardless of speed, over 50% of the total energy dissipation in the magnetic liner mill was in the form of abrasion and attrition. The results highlighted the appeal of magnetic liners in secondary and regrinding application, where abrasion and attrition are considered more efficient in the fine material breakage, and where impact is ideally minimized to reduce mill wear. A number of experiments were conducted to assess the effect of different model parameters on the performance of the magnetic liner mill. The highest abrasion/attrition intensity was observed with high values of the model parameters namely the restitution coefficient, static friction coefficient, and rolling friction coefficient.

Jun 12, 2019

By Jue Kou, Lei Yu, Bern Klein, Lusheng Zhou, Chunbao Sun, Genzhuang Li, Reem Roufail, Amit Kumar

Magnetic liners can improve the performance of ball mills by increasing grinding efficiency, extending service life, and reducing maintenance costs. Despite their importance, the fundamental understanding and the quantitative investigation on the effects of the magnetic liners has not been addressed in the literature. This paper addresses this gap by studying charge motion, and how the use of a magnetic liner affects the breakage mechanism of the mill, using discrete element method (DEM) modeling and the Hertz-Mindlin contact model with relative velocity dependent (RVD) rolling friction. Charge motion was modeled under different mill speeds. Compared to conventional steel and rubber liners, the charge motion in the magnetic liner mill was predominantly cascading. Quantitative analysis of the energy dissipation within the mill was conducted to investigate mill breakage. Regardless of speed, over 50% of the total energy dissipation in the magnetic liner mill was in the form of abrasion and attrition. The results highlighted the appeal of magnetic liners in secondary and regrinding application, where abrasion and attrition are considered more efficient in the fine material breakage, and where impact is ideally minimized to reduce mill wear. A number of experiments were conducted to assess the effect of different model parameters on the performance of the magnetic liner mill. The highest abrasion/attrition intensity was observed with high values of the model parameters namely the restitution coefficient, static friction coefficient, and rolling friction coefficient.

By Lottrey A. L, Sowerby B. D, Cutmore N. G

On-line monitoring of low rank coal quality during input to a process has the potential to provide benefits through: ò anticipation of coal quality variations prior to utilisation; ò provision of a tool to help determine the influence of coal quality on process behaviour, and ò provide a direct measure of coal quality for pricing. Moisture and ash are the two most significant coal quality parameters for combustion. They determine the energy content which can be derived from the coal and the problems arising from the presence of ash in the process (eg ash fouling, corrosion, erosion, particulate emissions and ash disposal). Extensive pilot-scale testing and full-scale experience has shown that specific coal/ash constituents (eg Na2O/ash ratio, acid-soluble aluminium, silica, sulphur contents, etc) are also important for the behaviour of Latrobe Valley brown coal during combustion, ash formation, deposition and removal of ash in precipitators and furnace ash hoppers. This paper discusses the range of on-line analysis techniques which have been investigated and their application to low rank coal analysis. Preliminary results from a joint SECV/CSIRO project which aims to develop two separate advanced instrument systems are also presented. These systems are based on: ò microwave attenuation and phase shift - for direct determination of moisture content; and ò inelastic neutron scattering - to provide total hydrogen, carbon, chlorine and ash contents, with potential for calculation of moisture content, specific energy, sodium content and Na20/ash ratio using correlations.

Jan 1, 1992

By N. Sutcliffe

Refractories and slags play a vital role in the production of stainless steel. They are in intimate contact with the steel at temperature, and chemical reactions between the three can and do occur. These interactions can be beneficial, in the case of active tundish and ladle slags, and negative in the case of refractory erosion and slag entrapment. This paper presents the results of both plant trials and laboratory investigations of steel/refractory and slag/refractory interactions. The interaction mechanisms observed are described leading to selection criteria for new refractory products. Keywords: slags, steels, refractories, reaction mechanisms.

Jan 1, 2004

By Charles Taschereau

The statements made in this presentation contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of Canada Lithium Corp. The actual results of the specific items described in this presentation, and the company?s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of Canada Lithium Corp. management as of the date of this presentation, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the Company?s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the Company. Canada Lithium Corp. disclaims any obligation to update information contained in any forward-looking statement. Toronto Stock Exchange: CLQToronto CLQOTCQX: CLQMFOTCQX: CLQMF

May 1, 2011

Large GDP increases in the Pacific Rim countries have been accompanied by similarly large increases in demand for oil products. In the case of residual fuels, this demand has been tempered by the substitution of other energy products such as coal or gas. In the region's developing and newly industrialised nations, it has not been possible to make the very large investments in infrastructure which allow other energy sources to be used for transportation. As a result, GDP growth has been mirrored in the demand growth for automotive fuels. Other non-substitutable products such as lubricants have also benefitted by the region's GDP growth.   The combination of a number of years of sustained growth, coupled with increasing quality requirements is now stretching the upgrading capacity of the region's refineries. IT, as seems likely, the region continues to enjoy a high GDP growth rate, then this will be accompanied by increasing reliance on finished products coming out of the Middle East.   The owners of the most simple form of refinery in which crude is simply distilled and the naphtha reformed into petrol will face major capital investments. If they decide not to bear this cost, they will face increasing problems in selling their surplus residual fuel oil at an economic price. Quality will become an increasingly important issue. Not only in the well publicised areas such as unleaded petrol, but also for products such as lubricants which play a major role in the efficiency of modem equipment. Quality of service such as hours of opening, ease of access, and service station facilities will also become increasingly important as the oil companies use these to attract customers and gain brand differentiation.

Jan 1, 1990

Simulation and Analysis of Media Behaviour in the Tower Mill by Discrete Element Method for Estimating the Power Draw and Spatial Distribution of Grinding Process The trends to the Tower Mill (TM) for grinding the materials are increased recently due to its unique merits. Among the various considerations of this machine, the main important items are increasing the efficiency of grinding as more as possible while keep the power consumption, manufacturing and maintenance costs as less as possible. Because this grinding process includes a huge numbers of media particles (ball or other shapes) that are interacted with each other and body of the machine, the DEM (Discrete Element Method) way is a very useful and essential step to getting confident evaluations. Because the DEM simulation is a very young scientific field and proper commercial software are very rare and still under modification, at first step, a FORTRAN code is developed for DEM simulation of two laboratory Tower Mill models (KM5 and KD5). The simulation and experimental results matched each other properly. Then one another DEM software was implemented to perform simulation of bigger models (huge numbers of balls), meanwhile could handle the complex 3D geometry data. The simulation and experimental results were compared and analysed in detail for not only laboratory but also for industrial models (KW5, KWD5, KWD50, KW300F, KW700F and KW1500) without any manipulation or compromising of the parameters of simulation. Some numeric data of industrial models are hidden here due to confidential reasons. The relative velocity of balls (ball-ball and ball-TM body), dissipate energy, interacted forces and stresses during the process are the key outputs of DEM simulation for design this machine. Therefore the main important processes in a Tower Mill machine are recognised and consequently some horizons of development of this machine are distinguished.

Sep 13, 2010

By I. Cerny, M. Vanek, J. Hubácek

"SWOT analyses and the closely related TOWS matrix are frequent starting points for an organization to develop its strategy. The paper deals with the evaluation of the TOWS matrix and presents three novel approaches to evaluate the different factors of the TOWS matrix, namely (1) approach to evaluate the factors with identical weights; (2) approach to evaluate factors with their weights determined within the different quadrants of the TOWS matrix; and (3) approach to evaluate factors with weights determined within the whole TOWS matrix. The third approach has two variants. The proposed approaches to evaluate the TOWS matrix were tested on a SWOT analysis of a significant mining company in the Czech Republic. The results imply that the strategy W-T (weaknesses-threats) is recommended in three cases, while the strategy S-T (strengths-threats) is recommended once. The paper may be valuable for managers responsible for strategic planning.IntroductionThe process of human needs gratification has been closely connected with raw material resources of the planet. In the contemporary socio-economic conditions, the task of the mining company managers, apart from extracting mineral resources, is to meet the owners' intents.The managerial work itself becomes very complex. In mining companies in particular, the complexity is augmented by the characteristics of the business. Undoubtedly, the key factor is that mineral resources cannot be renewed or relocated. Stojanovi (2013) characterizes mining projects as involving great investments in finance and time, as well as consecutive decisions and a 'complex mosaic of numerous unknown factors that affect the value of the project'. He adds that mining projects are typified by a 'number of geological, technological, technical, economic, environmental, social, and financial risks' (Stojanovi , 2013).Inter alia, the managerial work may also be intese due to the dynamic internal and external conditions for the existence of any company (Vane? k, 2014). This tallies with Peter Drucker’s prediction in 1969; that the times at the turn of the millennium could be expected to be turbulent (Drucker, 1969)."

Dec 1, 2018