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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 M. Dworzanowski

The difference in the magnetic properties of minerals is the basis for magnetic separation. All minerals can be generally classified as ferromagnetic (strongly magnetic), paramagnetic (weakly magnetic) or diamagnetic (non-magnetic). Magnetic separation can be conducted dry or wet. The majority of the applications of wet magnetic separation in the mining industry are based on the wet drum magnetic separator. The wet drum magnetic separator has been in use for over 50 years and its design is based on a rotating drum installed inside a tank. Inside the drum are stationary, permanent magnets arranged in an arc to provide the magnetic field. These magnets can be of the ceramic ferrite type providing a low intensity magnetic field or of the rare earth type providing a high intensity magnetic field.

Jan 1, 2010

The Determination of Sound Exposures (DOSES) software was developed by the National Institute for Occupational Safety and Health (NIOSH) specifically for use by mine management and safety personnel. DOSES simplifies the record-keeping and analysis associated with time-motion studies and worker noise exposures, making it easier to identify and solve noise problems. The software relies on a time-motion study that profiles the worker?s daily activities. At the same time, noise measurements are collected with a dosimeter or sound level meter (SLM). Observations about the worker?s location and tasks or other activities are recorded along with times and durations so they can later be matched up with the noise data. After the completion of a time-motion study of the worker?s daily tasks and locations (possible noise sources), which measures the worker?s noise exposures during the recorded events, the information is entered into DOSES. The program then displays information about the worker?s accumulated noise dose over time.

Jan 1, 2009

By Nicolas Reynier

The separation of radionuclide during rare earth element (REE) production is an important requirement for developing the Canadian REE mining industry. Separation of actinides from REE is often a large concern in the rare earth industry because of the need to manage the radioactive nuclides. A patented process developed for actinides extraction from radioactive wastes was applied to REE ore. Objectives were to optimize the process for REE leaching from ore, and separate radioactive impurities from sulphuric and nitric liquor by ion exchange (IX). Ore leaching was optimized using a surface response plan to ensure statistical significance. In optimized conditions, solubilization yields ranged from 90–95% for Th, 60–75% for U, 48–55% for LREE, and 59–75% for HREE in sulphuric and nitric media. Both media were compared for radionuclide removal from rich REE-bearing mineral liquor by IX. Actinides separation ranged from 92–97% for Th and 69–96% for U in sulphuric and nitric media.

By B. Berhe, R. D. Lawrence, J. Hinzer

"The fortunes of mining companies and their implied value are tied to cycles - both economic and commodity – within which they operate. Hence the determination of appropriate future metal prices is one of the most critical factors faced by mineral valuators especially for advanced projects. Price, and hence revenue, is usually the most sensitive input to the valuation model. Empirical studies of past forecasts show that the success rate for commodity price forecasting is very poor. This paper explores various approaches and comments on their strengths and weaknesses. We conclude that careful evaluation of long-term metal prices is a key element and is hardly a luxury that can be left to simple averages or rules of thumb. INTRODUCTION Discounted Cash Flow (""DCF"") analysis, is well suited for the valuation of advanced mineral development assets, for which there are identified mineral resources and some form of economic assessment (Pre-Feasibility or Feasibility Study). The DCF method is also the most commonly used method for determining value for such assets. It provides a means of relating the magnitude of expected future cash flows from profits (or losses) to the magnitude of the initial cash flow (investment) needed for capital expenditures to purchase or to develop an asset for commercial production. The method proves useful in making investment decisions as it allows for the quantification of the Net Present Value (“NPV”), as well as the Internal Rate of Return (IRR) and Payback Period on initial investment capital. Valuation by its very nature is a forward-looking exercise. The DCF method attempts to estimate the NPV of expected future cash flows, by selecting factors that will likely affect future cash flow based on informed analysis. One of the most critical and sensitive factors is the determination of appropriate future commodity prices. “The variables that have the greatest impact on a DCF evaluation are the reserves, the metal prices, and the discount rate.”1 The determination of future commodity prices for valuation purpose or during M&A negotiations is a hotly contested issue. There are a number of analysts, institutions and specialized commercial data suppliers that provide both short and long-term commodities price forecasts. Also, the use of an aggregated mean for all available forecasts, or consensus forecasted prices for valuation purposes is not uncommon. The methods used in making forecasts for each forecaster may vary and in many cases may not be publically disclosed. Nonetheless, the aggregated mean of all forecasted commodity prices of reputed institutions is usually taken to “represent the market’s view of likely future commodity prices.”"

Jan 1, 2016

By H. H. Heady

This Bureau of Mines report provides specific information regarding the analysis of ores, concentrates, and bullion. It describes analytical services provided by some Federal agencies, and discusses analytical techniques applicable to the precious metals. The appendixes list Bureau of Mines State Liaison Offices and commercial assay laboratories.

Jan 1, 1976

By A. H. Rhoades

The modern polarizing microscope with such accessories as cameras, infrared devices, reflectance and/or transmission photometers, indention hardness, and heating stage is used to characterize coal, coke, and other carbon forms. It allows characterization of coke by-products, such as tars and pitches and their insoluble residues. A useful product of the microscopic approach is the coal petrographic analysis which permits the prediction of coke strength carbonization pressure and volume change. Carbonization tests are expensive, time-consuming and require large amounts of coal. Tests on the coke show it to be strong or weak but give no indication of why. Petrographic analysis requires grams of coal and yields data that indicates why the coal produces coke of a given quality. Small samples from drill cores are sufficient for petrographic analysis. These data are also used to optimize blends for coke production. When coke-plant problems occur, ~he microscope can be used to check the coal blend proportions, as well as for weathered coal. Microscopy is useful in spore correlation work which may be a prerequisite to sound coal reserve estimates. Dispersed vitrinoid reflectance studies are used to determine the degree of organic metamorphism which serves to establish oil and gas deadlines. Tars and pitches are examined microscopically for the amount of normal solids as well as the size of undesirable carry-over solids resulting from pollution abatement practices in coke works. The microscope is also used to study coals for gasification and liquefaction.

Jan 1, 1981

By P. G. Vikre

Several factors have caused less emphasis to be placed on geologic mapping in mineral exploration in the last 15 years. These include opportunities for "easy" discoveries of near surface gold and silver deposits in developed countries, and of base metal deposits as well in less developed countries, a decline of emphasis on geologic mapping in many universities, and a decline of useful mapping by government agencies in many areas. Geologic mapping is simply a way of recording geologic observations on volumes of rock larger than can be seen from one place. Since most geologic processes involve systems larger than this, mapping is also essential to understand the significance of observations made on smaller volumes of rock, such as thin sections and sample taken for chemical or isotopic analysis. To be useful, the observations recorded through geologic mapping are then interpreted to arrive at an understanding of the 3D geometry and geologic history of a volume of rock, which is used to direct mineral exploration, or any number of other purposes.

Jan 1, 1995

By P. Nos, L. Kolbeinsen, M. W. Kennedy, A. Filzwieser, R. T. Jones, A. MacRae

Modern furnace designs often incorporate extensive use of cooled elements to achieve long campaign lives at high operating intensities. However, contact between water and high temperature fluids can result in powerful Boiling Liquid Expanding Vapour Explosions (BLEVEs). Therefore cooling such elements with water carries inherent risks when used under slag and particularly below molten metal or matte. Alternative cooling media exist that can reduce or eliminate the risk of BLEVEs. These media are analysed and discussed in the context of deeply cooled furnace elements. Important factors in selecting alternative coolants are explored including: critical heat flux, thermal limits, toxicity, flammability, unit cost, etc. Key cooling system design criteria are reviewed in the context of both traditional and alternative coolants. Results of Computational Fluid Dynamics are presented for an example tap-block cooler design using a number of selected coolants. Research needs to advance the safe use of alternative coolants are presented.

Jan 1, 2015

By H. E. Dresch

This report summarizes the work accomplished under Bureau of Mines contract H0188068. The contract required design and construction of a high voltage (7.5 KV) explosion proof cable connector for use on underground coal mine drag cables. A connector was constructed with elastomeric phase insulators that provide insulation shielding throughout the connector length. Connector housing was made of flame resist-ant cast poly urethane with no exposed metal components. Electrical and mechanical testing of the completed coupler resulted in satisfactorily meeting most of the design testing requirements.

Jan 1, 1981

By A Hughes, J Agius, T Ferguson, A Parbhakar-Fox, D Lester, L M. Jackson

Management of historic tailings is a major challenge facing the mining industry and its regulators. However, through improved mineralogical and chemical characterisation of such materials the opportunity to develop better rehabilitation strategies arises. Microanalytical techniques including microscopy, mineral liberation analysis and laser ablation inductively coupled plasma mass spectrometry (ICPMS) allow for improved tailings characterisation – but the challenge posed by these techniques is how to use them effectively. Additionally, data sets collected by such techniques must be properly integrated, only then can they assist in the identification of the most appropriate rehabilitation strategies. A study conducted at the Old Tailings Dam (OTD) located at the Savage River Mine, Tasmania allowed for the integrated use of several microanalytical techniques to help evaluate the benefits of a shallow water cover as a potential rehabilitation strategy. Samples (n = 144) from 14 trenches and 11 boring cores (2 m maximum depth) were collected across the OTD. These were subjected to routine acid-base accounting, with a subset subjected to detailed mineralogy using a modified sulfide alteration index (SAI), X-ray diffractometry and mineral liberation analysis (MLA). In addition, representative samples (n = 6) from across the OTD were subjected to laser-ablation ICPMS to characterise the pyrite chemistry. Our results showed that tailings in the northern area submerged under a natural water cover were relatively unoxidised from approximately 1 m depth, with SAI values of 1 to 2. Tailings from the subaerial southern portion were extensively oxidised to approximately 35 cm depth (SAI = maximum 5.8), with fresher materials observed underneath (SAI = 5 to 5.8). Pyrite from across the OTD is enriched in Co, Cu and Ni. Through the integrated application of microanalytical tools, we determined that establishing a water cover of at least 1.5 m depth across the OTD is a suitable rehabilitation option for this historic site. However, consideration for the reprocessing of these tailings to extract Co should be further investigated.CITATION:Jackson, L M, Parbhakar-Fox, A, Hughes, A, Agius, J, Ferguson, T and Lester, D, 2015. Microanalytical evaluations of the savage river old tailings dam, north-?west Tasmania, in Proceedings Tailings and Mine Waste Management for the 21st Century , pp 111–124 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 27, 2015

By M. Drozd, A. Ibrado, P. Butcher

While effective in treating refractory sulfide ores, pressure oxidation leaves carbonaceous matter unscathed and able to adsorb gold from cyanide solutions. Barrick Goldstrike's strategy to mitigate this problem is to minimize contact between dissolved gold and native carbon in advance of the carbon-in-leach (CIL) process. Measures currently in use include limiting carbonaceous matter in the plant feed by meticulous blending of ore, controlling the degree of oxidation in the autoclaves and blinding native carbon surfaces with lauryl sulfate. The presence of residual cyanide and thiocyanate in the process water remains to be a cause of premature gold dissolution and loss of gold by adsorption on carbonaceous matter. This cyanide is introduced by water that is recycled from the tailing pond. Of several treatment options considered, oxidation by peroxymonosulfuric acid, also known as Caro's acid, is deemed to be the most effective. Laboratory and pilot plant tests show that Caro's acid can oxidize free cyanide, weak¬acid-dissociable (WAD) cyanide and thiocyanate, resulting in significant improvements in gold recovery downstream. The process requires Caro's acid at 125 % of the stoichiometric requirement and pH in the range of 9.5 to 10 to accomplish the desired destruction in about twenty minutes. A cyanide destruction plant is currently being designed and construction should be completed by the end of 2005.

Jan 1, 2005

By G Luxbacher

Computer simulation of mine ventilation systems is rapidly becoming an essential tool in mine planning and design. This paper examines the utilization of ventilation simulation techniques to evaluate the number, shape, size and layout of mine entries in a typical coal mining system. Since the mains and sub-mains serve mainly for transportation and ventilation and the ventilation system is critically important to the health and safety of the workers, there exists a great need for optimal designs in this area. Evaluation criteria, could include, among others, minimization of power costs, shaft requirements and leakage. Constraints of this optimization problem include health and safety regulations and production and mine infrastructure requirements.

Jan 1, 1977

By J. M. Mutmansky, R. A. Jankowski, M. A. K. Mohamed

"SYNOPSISKnown health hazards associated with the breathing of respirable dusts, particularly silica dust, during mining are becoming a great concern in many parts of the world. The search for effective and low cost dust control methods for underdeveloped countries will help in improving the productivity and keeping the mine environment safe. This article addresses the problem by providing suggestions concerning the easiest and most cost effective methods to control respirable dust in mining and mineral processing operations. INTRODUCTIONMedical BackgroundLung diseases caused by dust in mining operations have been recognized by mankind since the time of the Roman Empire. The writings of Pliny the Younger on natural history reported on maladies associated with dust in mining in the first century AD. However, no significant advances in controlling the lung diseases of miners came about for many centuries. The effects of mineral dusts were further described by Georgius Agricola in his sixteenth century book on mining (Agricola, 1556). After the appearance of Agricola""s book, lung diseases were more readily recognized, but the nature and severity of the ailments associated with mineral dusts could not be readily interpreted.In 1896, the discovery of x-rays by Roentgen advanced the diagnosis of lung diseases and the knowledge of what causes these diseases. In addition, the discovery allowed medical personnel some method of judging the extent and severity of the lung diseases in human beings. During the ensuing years, the term 'pneumoconiosis' became the common term to describe any of the diseases of the lung in which dust particles deposited in the lungs caused fibrous tissue and loss of some of the respiratory function. However, little in the way of social remedies for the diseases resulted until much later. Society was still not ready to act decisively to reduce the causes of lung disease due to the dusty conditions in the work place.Social action against lung diseases did not occur in the United States (US) until the 1930s. At that time, a tunnel driven through a sandstone mountain near Gauley Bridge. West Virginia, caused the death of several hundred workers due to acute silicosis, a severe form of pneumoconiosis caused by silica (Seaton, 1975). Dust conditions in this tunnel were quite bad, causing many of the workers to be subjected to extremely high silica dust concentrations. The severity of the disease in many of the workers became known to the public and prompted the US Congress and many of the states to enact laws to reduce the dust levels."

Jan 1, 1998

By J. F. Burr, D. Snyder, W. Calder

"INTRODUCTION “Explosion protection” refers to techniques used to minimize the potential for electrical and electronic equipment to create an ignition while operating in a hazardous location (HAZLOC). In particular, U.S. coal mines are required to use equipment in certain areas of the mine that has been approved by the Mine Safety and Health Administration (MSHA) for use in a methane and coal dust environment to limit the risk of the equipment creating an ignition-capable spark or a thermal energy ignition. In general, MSHA’s regulations for explosion protection recognize two techniques: the use of explosion-proof enclosures (XP boxes) and 2-fault intrinsic safety for electrical and electronic equipment. For 2-fault intrinsically safe (IS) equipment, the U.S. mining industry requirements are unique in that the equipment is certified by MSHA. The criteria MSHA uses to evaluate equipment for intrinsic safety, as required by Title 30 of the Code of Federal Regulations (30 CFR) [30 CFR, Sections18.20(b), 18.68(a)(1), 19.1(b), 20.1(c)(2), 22.6, 23.6, and 27.20(a)], is published in a document referred to as ACRI2001 (1). Outside of U.S. underground mining, many industries and countries accept equipment that is designed to a consensus-based international standard (ANSI/ISA 60079-11 is the U.S. version). The purpose of this study is to provide an overall assessment of the ANSI/ISA 60079-11 standard on 2-fault intrinsic safety and the MSHA ACRI2001 acceptance criteria, and determine if the ANSI/ISA document can be an alternative to ACRI2001 while maintaining an equivalent or better level of safety for miners. There are many drivers for this study. First, immediately after the 2006 MINER Act (2) was passed, there was a perception in the industry that the unique MSHA requirements were contributing to delays or restricting the availability of equipment to meet the requirements of the Act. Additionally, the MINER Act required that mine operators submit an accident response plan for MSHA approval, to be reviewed every six months. MSHA is required to determine if these plans reflect the most recent credible scientific research and make use of currently commercially available technology. There is a concern, as expressed in a recent National Academy of Science (NAS) study (3), that the unique requirements for U.S. mining may be limiting the technologies available to coal miners and technology options for mine operators. Accordingly, the study recommended that the National Institute for Occupational Safety and Health (NIOSH) and MSHA re-examine their technology approval and certification processes to ensure they are not deterring innovation, and explore opportunities to cooperate with other international approval organizations to harmonize U.S. and international standards without compromising safety. Lastly, the National Technology Transfer Act (NTTA) and the accompanying Office of Management and Budget’s OMB-119 circular mandate the use of consensus-based standards by federal agencies. However, for U.S. mining operations, MSHA cannot accept such standards unless a determination is made that such standards provide an equivalent level of protection for the miner, per the requirements of the 1977 Mine Act, the 2006 MINER Act, and 30 CFR Part 18 regulations."

Jan 1, 2017

The mineral processing industry is in boom times. The focus on mill availability and therefore profitability has never been greater, as grinding mill maintenance often dictates the entire plant shut down duration. Advances in mill systemsÆ quality and reliability and the faster, safer relining afforded by RMEÆs Mill Relining Systems have significantly enhanced grinding plant availability and utilisation. Yet relining performance is still affected by the design and planning by a team of stakeholders long before the maintenance team set foot in the mill. For a greenfield grinding plant project, these team players include: 1. project owner, 2. project manager, 3. mill supplier, 4. liner supplier, 5. plant operating personnel, 6. plant maintenance personnel, 7. mill relining crew, and  8. mill reline system supplier (RME). The complex and sometimes competing design demands of mill construction and operation together with the pressure of tight timelines can result in even simple maintenance requirements being overlooked let alone optimising plant design and planning for maintenance. This paper identifies all the involved stakeholders in an effective mill relining 'team' and gives principles and considerations for each to more effectively achieve the goals within their vital roles. This paper is aimed to be a practical guide for grinding mill designers and planners to more fully exploit the advances in Mill Relining Systems and improve their mill profitability.

Jan 1, 2008

This paper describes basic parameters, such as surface forces and film elasticity, affecting the stability of foams (two-phase froths). We used the thin film pressure balance (TFPB) technique to measure the surface forces in foam films stabilized with various frothers such as pentanol, octanol, methyl isobutyl carbinol (MIBC), and polypropylene glycol (PPG). The results were compared with the foam stabilities measured experimentally and the film elasticities calculated using a new model developed by Wang and Yoon (2006). It was found that at low electrolyte (NaCI) concentrations foam stability is controlled by both film elasticity and surface forces (or disjoining pressure), the relative contributions from each changing with frother type and concentration. Further, the kinetics of film thinning was studied at a high electrolyte concentration. The results obtained in the present work showed that the major role of a frother is to decrease the hydrophobic force rather than to increase the film elasticity. This conclusion is drawn from the observation that at the typical frother (MIBC) concentrations employed in flotation, frother additions cause sharp decreases in hydrophobic force while causing relatively little changes in film elasticity.

Jan 1, 2006

By Angus D. Campbell

Introduction In the Twentieth Annual Report of the Mcintyre Porcupine Mines, Limited, for the year ending March 31st, 1932, the General Manager, Mr. R. J. Ennis, said: "During the period under review, the plans outlined in last year's report have been completed, and all operations have been centralized in the new plant adjacent to No. 11 shaft. The new mill went into operation on May 27th and attained its rated capacity of 2,000 tons per day on November 15th. The new shops, warehouse, change-house, and general offices were occupied on December 1st, consummating the change from the old to the new plant ... "Silicosis is now definitely recognized as an industrial disease, and progresses rapidly when associated with tuberculosis. In an effort to combat its prevalence and progress, the new change-house was designed to build up the men's resistance to this and other forms of disease. It provides for a complete change from underground to street clothing, with a shower bath and solarium treatment in the interval. 'Unfortunately, in almost every goldmine, a very small percentage of the work-men are not adverse to taking some of the high-grade ore for their own purpose. This, in turn, tends to cast suspicion upon the honourable as well as the dishonorable employees. The new change-house routine discourages this practice and eliminates unjust suspicion, to the satisfaction of all concerned with the Company's operations".

Jan 1, 1933

By G. Wilson

"Satisfactory hydraulic performance of a centrifugal slurry pump is not the only design criterion. If abrasive wear exists the severity of any damage can be reduced and the life of the wearing parts prolonged by selecting the correct pump to suit the conditions of service. This paper is concerned with the design and construction of centrifugal pumps for handling abrasive solids. The wear phenomena due to the slurry being pumped and the materials used to combat abrasive, wear are outlined. The hydraulic design of the impeller and casing and their relationship to wear and the hydraulic radial and axial unbalance are discussed. The prediction of abrasive wear in pumps can not be precise, as many factors are involved - and this is the object of current research."

Jan 1, 1973

For effective backfilling, a system with the 13 features covered under the section: effective backfill systems, is required. Effective backfilling cannot be done with systems that are badly designed, outdated or overextended. But in cases where the requirements for effective backfilling are overlooked, the shortcomings of such systems may wrongly come to be regarded as limitations to the capabilities of backfilling per se. Mining is currently done to depths of 3500 m, and is to go deeper since the gold-bearing reef extends down to 4000 m and 5000 m below surface. Effective backfilling systems will be required at such depths, and with suitable design this can be achieved. Mining the narrow tabular orebody of a typical South African gold mine is described at the start of this paper, then cycloned backfilling is discussed in general, and its effectiveness (most of the fill placed in South Africa is cycloned backfill or ædeslimed tailingsÆ).

Jan 1, 1998