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By Lawrence Devon Smith

"The concept of risk is well established in the mining industry. It is acknowledged when estimates of reserves are expressed as proven or probable, when mining and metallurgical recoveries are applied to the ore, and when contingencies are added to costs. However, it is difficult to provide a quantitative assessment of risk. The significant sources of risk in a mineral project and how these are addressed in project evaluations are discussed. The discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.IntroductionThis paper examines the components of the discounted cash flow discount rate and proposes a method of estimating project-specific discount rates. The motivation for this work comes from experience of project evaluations in which owners and purchasers had agreed on virtually every aspect of the evaluation except how much the project was worth. Agreement was reached on reserves, grad~, recovery, capital costs, operating costs, taxes, and, by combining these components, even on the fmal cash flow values. The only difference in opinion concerned the discount rate to be used in the calculation of the net present value. Depending on the life of the project, such differences of opinion can cause a variation of more than 50% in the value placed on a project! This is illustrated in Figure 1."

Jan 1, 2003

By Grant C. Lukey, Jannie S. J. van Deventer

"The environmental effects of the mining and mineral industry include destruction of natural habitats, changes in river regimes and water tables, and other serious ecological impacts. In this century, it is likely that water will become a critical resource, and in most countries the mining industry competes for a share of this resource. The Kyoto Protocol may at first seem only relevant to the coal mining and power industry, however, it should not be forgotten that the mining and mineral industry is a significant consumer of power. Therefore the ratification of the Kyoto Protocol by most developed countries and the introduction of a carbon credit trading scheme will impact on the industry by potentially increased costs in utilities and waste discharges. It is clear therefore that the mining industry faces many challenges in the coming years. The mining industry?s commitment to sustainable development needs to continue to evolve, in order to meet these challenges effectively. With the advent of globalisation of the industry, it is now an opportune time for the industry to gain international agreement on how they want the industry to achieve sustainability in future years; such a progressive approach is necessary, otherwise government will force the industry to change, which may not necessarily be the best outcome for the industry.INTRODUCTIONThe Earth Summit in Rio de Janeiro in 1992 was an opportunity for world leaders to assemble and discuss strategies and initiatives that provide for further industrial growth without adverse effects on the environment. The World Summit on Sustainable Development held last year in Johannesburg, South Africa, was an opportunity to evaluate those initiatives implemented over the past 10 years, and to set a new and sustainable direction for the future. It is clear that industrial and technology development will continue at a rapid pace in order to serve the needs of a growing world population, but it is essential that the course of this development is well planned, well executed, and that it is sustainable. In reality, while government officials and politicians continue to debate policy and international protocols, the environment continues to suffer and the effects of climate change and global-warming become more real each day."

Jan 1, 2003

By Leon Lorenzen, Victor E. Ross, Anton W. Kleingeld

Key to successful innovation, whether at organization, industry or national level, is the alignment and utilization of resources in the most appropriate and efficient way. Innovation needs to be directed strategically, and it needs to be auditable in a systematic and integrated fashion. In the light of these considerations, this paper describes the construction and use of a topographical map of the innovation landscape. The purpose of the map is to provide a holistic view of the key factors that enable innovation (the so-called ’landmarks’), how well they are aligned to support a particular type/nature of innovation in the organization, and to identify possible gaps. The significance (importance) and height (performance) of the landmarks in supporting and enabling innovation within the organization is determined by means of a selfappraisal audit. The topography of the landscape derived thus is subsequently interpreted in terms of the organization’s particular innovation strategy and environmental context. The application of the Innovation Landscape Methodology is illustrated in a number of organizations within the Mining and Minerals Industry of South Africa. Important observations and conclusions regarding the strategic alignment of enabler strengths within these organizations are made.

Jan 1, 2003

By John Wise

Significant movement to an existing slurry wall which serves as a retaining wall on 'O' Street in Southeast Washington, D.C. initiated the Department of Public Works for the District of Columbia to invite specialty contractors to propose a rehabilitation and stabilization for the failed slurry wall. Nicholson Construction Company proposed and was awarded a contract for the construction of an anchored precast lagging and soldier pile wall to be located approximately 4 feet in front of the existing structure with granular fill placed between the new and existing walls. Stabilization of the existing slurry wall also included drilling horizontal weep holes and demolishing the failed panels down to the existing ground surface. A new and improved drainage system was also constructed to increase the amount of water directed toward the existing storm sewer system running along 'O' Street. This paper provides a detailed account of these construction activities.

Jan 1, 2003

To the members of The South African Institute of Mining and Metallurgy We have audited the annual financial statements of The South African Institute of Mining and Metallurgy set out on pages 451 to 460 for the year ended 30 June 2002. These financial statements are the responsibility of the Institute?s Council. Our responsibility is to express an opinion on these financial statements based on our audit. Scope We have conducted our audit in accordance with statements of South African Auditing Standards. Those standards require that we plan and perform the audit to obtain reasonable assurance that the financial statements are free of material misstatement. An audit includes: ?examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, ?assessing the accounting principles used and significant estimates made by management, and ?evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. Audit opinion In our opinion, the financial statements fairly present, in all material respects, the financial position of the Institute at 30 June 2003 and the results of its operations and cash flows for the year then ended in accordance with South African Statements of Generally Accepted Accounting Practice. Auditors 29 July 2003 Council?s approval of the annual financial statements The annual financial statements for the year ended 30 June 2003 set out on page 451 to 460 were approved by the Council on 26 July 2002 and are signed on its behalf by:

Jan 1, 2003

By S. T. Murray

The European industrial minerals industry and its markets are largely self-sufficient. The companies who are members of the Industrial Minerals Association (IMA-Europe) number around 150 contributing 5 billion Euros to the EU?s GDP and range in size from global publicly quoted corporations to small family owned private companies. Their means and capability to implement sustainable development vary considerably. However the leading companies provide an excellent set of best practices, which IMA as a trade association with recognised core competencies in the field of sustainable development is ideally placed to promulgate throughout its membership. As an active participant in the EU Voluntary Scheme for SDI reporting IMA is not only working to increase the level of response to the SDI questionnaire but is also developing with its members a new sustainable development charter which its members will voluntarily adopt as a guiding principle for their implementation of sustainable development This work will be a consultative process involving all IMA?s section members as well as other trade associations, NGOs and MEPs. Public awareness of the benefits of minerals and their contribution to sustainable development has been raised by IMA?s awareness campaign now being followed by a more targeted programme aimed at MEPs. Further work in the future will consider product stewardship and life-cycle analysis. IMA is already positioning itself with the help of its members to assimilate the minerals industry of the accession territories in the sustainable development process.

Jan 1, 2003

By Karl J. C. Harries

Mineral Agreements and Royalties

Jan 1, 2003

By Georgene Renner, William R. Yernberg, Steve Kral

Advanced Terra Testing (ATT)is a full-service geotechnical testing laboratory. It specializes in rock and soil mechanics and geosynthetic materials testing. ATT provides services to the global mining industry. The company has performed more than 1,000 projects for more than 300 commercial and government clients. Services include coal pillar design testing, leach pad material and performance testing, tailings pile consolidation testing and closure and remediation services. Rock and soil mechanics tests include unconfined and triaxial strength, shear and tensile strength, permeability, index testing, consolidation, liquifaction potential, elastic moduli determinations, heap height versus percolation rate, long-term batch testing and dynamic loading tests.

Jan 1, 2003

To improve the ventilation of large-opening under-ground stone mines by using stoppings made from stone left in place. Background Underground stone mines typically use large room-and-pillar openings with little ventilation control. Stone miners may be exposed to contaminants that include silica dust, diesel particulate matter (DPM), exhaust gases, nuisance dust, and face shot (blasting) fume gases. The health risks from breathing these fine particles and toxic organic materials are well documented. Although contaminants such as dust or diesel exhaust can be some-what controlled at the source, the escaping contaminants are often diluted and removed from work areas using ventilation with minimal controls. In many cases, current mine ventilation practices use trial-and-error techniques to improve ventilation. The growing realization of the importance of a healthy work environment along with increased regulations will require many stone mines to implement new ways to improve ventilation. In-place stone stoppings are one option. Mine air flows from one point to another because of a pressure differential between those points. This pressure differential is established using a mechanical fan in conjunction with separations (stoppings) between high-pressure (intake) and low-pressure (return) airways. The separation of intakes and returns is an important concept that is used in most other types of mines. Normally, air moves through underground stone mines with minimal control technology. Fans are placed in locations where they are thought to be most beneficial, and intakes are not separated from returns. In a few smaller underground stone mines, proper ventilation can be achieved with a few strategically placed fans. However, as these mines increase in size, moving adequate quantities of air through-out the mine becomes harder, and separation of intakes and returns becomes a problem. Building traditional mine stoppings to separate the intake and return airways in entries with a cross-section area often exceeding 800 ft2 is difficult. The stoppings must be able to withstand both the dynamic pressure from face shots and the static pressures created by the fans. Construction and maintenance difficulties, as well as high costs, are the main factors preventing these traditional mine stoppings from gaining wide acceptance by the stone mining industry.

Dec 1, 2002

By Michel Aubertin

Les haldes à stériles contenant des minéraux sulfureux réactifs constituent un milieu favorable à la production du drainage minier acide (DMA). Au sein de ces haldes, les processus physiques, géochimiques et biologiques qui mènent à la production du DMA sont nombreux et complexes. Un des aspects critiques qui affecte la génération de DMA est la distribution et le mouvement de l?eau dans les roches stériles. La modélisation numérique est un outil qui permet de comprendre, pour éventuellement contrôler, les mouvements de l?eau (et donc réduire la production du DMA) dans les haldes pendant la période d?exploitation de la mine et à sa fermeture. Plusieurs simulations numériques des écoulements non saturés dans des haldes ont été effectuées. Pour ces simulations, on a considéré divers types de matériaux, diverses conditions atmosphériques et diverses configurations géométriques. Les simulations réalisées montrent que l?on peut contrôler les mouvements de l?eau en introduisant des couches de matériaux fins intercalées dans les haldes formées de matériaux grossiers. Des couches horizontales ne sont cependant pas appropriées puisqu?elles peuvent, dans certains cas, favoriser la création de zones humides susceptibles d?amplifier les effets du DMA. Une faible inclinaison des couches de matériaux fins vers l?extérieur permet de palier à ce problème. Les couches inclinées favorisent un drainage des haldes vers la périphérie. Ceci a pour effet de garder sèche une grande partie des stériles et de réduire, par le fait même, la production du DMA.

Nov 1, 2002

By Pierre Boileau

Outline ? Who are We? ? Canada?s GHG Emissions 1990 - 2000 ? Emissions from the Petroleum Sector ? Emissions from Petroleum Exports ? Emissions from Manufacturing Industries ? Emissions from Mining and Metallurgy ? Conclusions Greenhouse Gas Division Key Functions: ? National GHG Inventory Report, Emission & Removal Trends Analysis, and Indicator Fact Sheets ? Scientific and Engineering Guidance, Technical Advice, Data Quality Assurance & Quality Control and Methodological/Data Development ? International Negotiations (FCCC) & scientific/technical guidelines (IPCC & ISO) ? Expert Review Teams (ERTs) ? Outreach ? GHG Verification Centre ? Clearinghouse ? Protocol Development

Nov 1, 2002

By Francis Perron

The Directive 019 on mineral industry, which was officially adopted in 1989, is the main tool used by the Quebec Ministry of Environment for the environmental evaluation and control of mineral exploitation projects presented for approval. This document contain the environmental guidelines which must be met by all the mineral companies during and after exploitation. The Directive 019 also contain all the information required by the Quebec Ministry of Environment in order to fully analyse the environmental impacts caused by the mineral projects proposed to the Ministry for approval. The proposed modifications of the Directive 019 cover many new topics that were not addressed in prior editions, these include : water recirculation, groundwater protection, tailings management and post exploitation environmental controls.

Nov 1, 2002

By Benoît Demers

Dans ses opérations de traitement de concentré de zinc, l?usine de Zinc Électrolytique du Canada à Valleyfield génère un résidu minier appelé « jarosite ». Jusqu?en 1998, le jarosite était transporté hydrauliquement dans des bassins construits en argile. Le jarosite sédimenté possède une consistance très molle (impossible de circuler à pied sur le résidu consolidé) avec une eau interstitielle acide contenant des teneurs élevées en métaux. Ces caractéristiques particulières au jarosite rendaient très coûteuses la construction et la fermeture des bassins de résidus. En 1998, Zinc Électrolytique du Canada a implanté un nouveau procédé, développé chez Noranda, dont le principal objectif était de stabiliser chimiquement et physiquement le jarosite. Un nouveau concept de déposition a été élaboré pour le nouveau résidu minier appelé « jarofix ». Les grandes caractéristiques du nouveau procédé et du concept de déposition sont : ? Le jarosite est lavé et déshydraté à l?usine avec un système de filtre; ? De la chaux, du ciment et de l?eau sont ajoutés pour former le jarofix; ? Le jarofix est transporté par camions jusqu?à l?aire d?accumulation; ? À l?aire d?accumulation, le résidu est géré selon un concept d?empilement. L?élaboration du concept d?empilement et de l?aire d?accumulation devait tenir compte des caractéristiques de déposition du jarofix, de sa résistance à l?érosion hydrique et éolienne, de la gestion de l?eau de ruissellement, de la faisabilité de construire les digues de ceinture en utilisant du jarofix durci et de la nécessité de restaurer progressivement l?aire d?accumulation. Le déchargement du jarofix se fait à partir d?une rampe qui progresse avec une pente ascendante pour développer un front de déversement de plus en plus haut. La hauteur du tas de jarofix atteindra 30 m au centre du site. L?aménagement initial de 1998 a inclut une digue d?amorce de 3 m de hauteur, une rampe de déversement de 8 m de hauteur et un bassin pour la gestion de l?eau de ruissellement. Les propriétés du jarofix consolidé dans l?aire d?accumulation sont déterminées annuellement. Le jarofix durci possède la consistance et la résistance d?une argile très raide. Sa conductivité hydraulique est similaire à celle d?un silt et il résiste bien à l?érosion éolienne. Après trois années de déposition, la température du jarofix au milieu du dépôt demeure élevée. Le jarofix durci est facile à excaver et à compacter, ce qui en fait un excellent matériau pour la construction des digues de ceinture en périphérie du site.

Nov 1, 2002

By Mostafa Benzaazoua

Les remblais en pâte cimentés sont de plus en plus utilisés dans les exploitations minières souterraines. Une autre alternative d?utilisation du remblai en pâte consiste à le pomper et à le stocker dans des empilements de surface. En plus d?avoir des avantages d?un point de vue de stabilité physique des ouvrages, le remblai en pâte cimenté en surface permettrait également de stabiliser les contaminants dans la matrice du remblai à l?aide du processus de solidification et de stabilisation. Dans cette étude, des remblais en pâte constitués d?un résidu minier sulfuré renfermant beaucoup d?arsenic et de différents liants ont été testés afin d?évaluer la stabilisation des contaminants dans la matrice de remblai. La méthode utilisée pour évaluer la stabilisation et la solidification des contaminants est le test de lixiviation en extracteur de Soxhlet. Les résultats géochimiques issus de ces essais ainsi que la caractérisation chimico-minéralogique des remblais lixiviés ont été analysés pour comprendre les phénomènes chimiques présents dans les remblais durant le temps de cure. Les résultats obtenus montrent que les sulfures présents dans les remblais étudiés (pyrite FeS2 et arsénopyrite FeAsS) s?oxydent et provoquent la dissolution des hydrates les plus vulnérables (dissolution de la portlandite Ca(OH)2 et/ou décalcification des gels CSH). Le calcium produit permet de précipiter les sulfates (essentiellement sous forme de gypse plus ou moins hydraté) et l?arsenic sous forme d?arséniates de calcium plus stables. Les différents liants utilisés donnent des résultats différents en termes de stabilisation et de solidification qui seront discutés dans cet article.

Nov 1, 2002

By Michel Aubertin

Les digues de retenue de résidus miniers devraient être conçues de façon à supporter les charges les plus défavorables qui puissent être anticipées. Les nombreux incidents survenus au cours des dernières années à travers le monde montrent toutefois que la stabilité de ces ouvrages reste encore problématique. Les cas de rupture les plus courants sont reliés aux glissements le long des pentes, à la liquéfaction des rejets, au débordement des bassins, ainsi qu?à l'érosion régressive et de surface. Après avoir rappelé la nature et l?importance des certains incidents récents, l?origine de ces problèmes est brièvement présentée. On aborde ensuite le lien entre les critères à adopter pour la conception des ouvrages et les risques associés à leur rupture. De nouvelles avenues pour aider à contrôler certains problèmes sont enfin discutées, en mettant l?emphase sur la codisposition des roches stériles dans le parc à résidus miniers.

Nov 1, 2002

By Richard Maurice

RÉSUMÉ La restauration du site minier Poirier, à Joutel s?est déroulée entre 1998 et 2001. Le principal élément des travaux a été la restauration du parc à résidus et des zones d?épanchement qui totalisaient 4,5 millions tonnes de résidus répartis sur une superficie de 74 hectares. Les résidus sont fortement générateurs de drainage minier acide. La première partie de la présentation consiste en un bref rappel du concept de restauration suivi d?une description des principaux éléments de travaux avec l?emphase sur les leçons apprises de l?exécution des travaux. La deuxième partie de la présentation est axée sur les résultats du programme de suivi en cours depuis la fin des travaux en 2001. Les éléments de suivi se rapportent à la baisse du niveau de la nappe phréatique à l?intérieur de la cellule, au tassement des résidus dans la cellule, aux mesures de température et d?oxygène à l?intérieur de la cellule et finalement à l?amélioration dans la qualité de l?eau de surface. ABSTRACT The reclamation of Poirier Mine, in Joutel, was carried out between 1998 and 2001. The main component of the works has been the reclamation of the tailings basin and tailings spill area which contained a total of 4,5 million tonnes of tailings and occupied some 74 hectares of ground surface. The mine tailings are highly acid-generating. The first part of the presentation will deal with a brief review of the reclamation plan followed by a short description of the main work components laying emphasis on experience gained during construction. The second part of the presentation will deal with the results obtained from the environmental monitoring program still in progress since the end of reclamation work in 2001. The aspects discussed include the drawdown of pore water inside the covered tailing pile, the settlement of mine waste material, the monitoring of moisture, temperature and oxygen underneath the liner and finally, the reduction of loadings in surface water.

Nov 1, 2002

By Doug Russell

Natsource: At a Glance l 160 employees l Global reach ? New York, Washington, Calgary, Ottawa, Toronto, London, Tokyo l Major Environmental Commodity Broker ? Rated as Top GHG Broker (Environmental Finance Magazine Survey, Dec. 2000 & 2001) ? Leading RECs Broker ? Large Broker of SO2, NOx l Large Energy Broker ? One of Highest Volume Gas Brokers ? Major Electricity Broker Overview l International Market l Implementing the Rate-Based Proposal l Assessment and Management of Risk from GHG Emissions Limitations

Nov 1, 2002

By Alex Olivas

El presente trabajo señala la tecnología de control e información aplicada a las zonas donde se han instalado diversos equipos de medición y control de una planta de almacenamiento, los cuales están interconectados con un PLC central mediante una red LAN y de bus de campo. Asímismo, se definen dichas zonas y se detalla donde sea pertinente las soluciones en las que se empleó la tecnología de control e información.

Aug 25, 2002

By Tomás Gonzáles

El presente trabajo describe la metodología usada para evaluar las estrategias de las alternativas del planeamiento a largo plazo en la explotación del mineral y el lixiviable en la Mina Toquepala.

Aug 25, 2002

By Esteban Bravo

El presente señala la utilidad del último software y equipos desarrollados como herramientas que permiten analizar, monitorear y reparar los problemas que se presenten en el funcionamiento de motores diesel, además de disminuir los costos para su mantenimiento.

Aug 25, 2002