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By Edgar F. Cruft

It is sometimes said that "mines are made, and not found". I rather doubt that the exploration geologist would be overly sympathetic to that statement, and, of course, like most one-liners it is only partly true. As an explorationist who has been involved in building his own company over the last ten years, and by necessity has become a financier, I can appreciate what real grains of truth are in that statement, however. Because technical people are seldom taught financing in their basic training, and because they are usually not involved in it until at quite a senior level in their careers, the whole field often acquires a certain mystique. The engineering professions have too often believed financing is the province of the accountant or financial executive and just as we in the technical world are often too quick to bristle if the latter try to tread on our domain, the opposite can just as easily be true. Unfortunately, this is another example of a compartmentalized individual, and that is one thing the successful financier cannot be.

Jan 1, 1979

By Herbert P. Haschke

I. Changes made by the Economic Recovery Tax Act of 1981 (ERTA) which have an effect on investing in tax shelter investments A. Maximum ordinary income tax rate on individuals is now 50%. B. Maximum tax rate on long-term capital gains for individuals is now 20%. C. Maximum tax rate on alternative minimum taxable income for individuals is now 20%. D. Although not changed, the "add-on" 15% minimum tax on tax preference items and the possibility of paying the alternative minimum tax cause individual U.S. income tax planning to continue to be very complex. II. Real Estate A. The new Accelerated Cost Recovery System of depreciation (ACRS). 1. Mandatory for assets placed in service after 1980. ACRS will eliminate most if not all controversies with the IRS over depreciation. 2. Real property now depreciated over 15 years. Component depreciation is not available. 3. Accelerated depreciation is available - a 175% declining balance method with an automatic shift to straight line method at the optimum point in the asset's life. Alternatively, a taxpayer can elect to use the straight line method.

Jan 1, 1982

By Harley G. Pyles

Rotary Percussion drilling has shown great improvement over rotary drilling, when hard roof is encountered. In addition, Rotary Percussion drills have eliminated the need for air drills in many applications. Improved drilling rates have been achieved but roof bolting is still a bottleneck in many operations and the demand for further improvement will continue. Drilling rates beyond current performance is limited by the capabilities of existing drill steels and bits to resist increased horsepower input. The most apparent immediate solution to improved drilling is to increase the strength and rigidity of the drill steels. Drilling experience indicates that a l-1/2" diameter or 1-5/8" diameter hole can be drilled as rapidly or 'more rapidly than the standard 1-3/8" diameter hole. Greater torque and thrust capacities can be achieved through the use of larger O. D. and I. D, steels, however, this is only possible if the larger hole sizes can be made allowable. Large diameter anchorage shells can be made available at a slight extra cost.

Jan 1, 1965

By Y. S. Roditis

A new method for interpolating a block model is proposed, where both the diamond drill holes (DHs) and blast holes (BHs) data are used. Combining these data types poses a geostatistical "class size" problem due to the different statistical properties of the densely populated BHs and the sparsely populated DH data. This paper discusses how linear regression was used to adjust the DH values prior to the interpolation to account for the "class size" problem which is inherent to the procedure. The correlation between the BHs and the DHs is found. The DHs are then corrected based on the regression line. Each block that falls within a certain range of influence of a blast hole is assigned a different code and is interpolated with the combined BH and regressed DH data set. Blocks that fall outside the range of blast hole influence are interpolated using the original DH data set. A comparison against other methods, indicate a 12% improvement over using DHs only and a 2% improvement over using BHs only.

Jan 1, 1992

By Niles E. Grosvenor

Several methods have been proposed for determining the tensile strength of rock. These have been tried out over the past several years, but the results have been erratic and of doubtful value. The tensile strength of rock is its weakest property, and this property apparently enters into all failure phenomena whether underground or on the slope of an open pit. Therefore, it is essential that detailed quantitative information is known about the tensile strength of rock if the design engineer is going to select the proper pit' slope, pit orientation, or orientation of underground workings so as to give the most economical and safest mining condition. This quantitative information may be used to orient the pit in such a manner as to allow steep slopes along two sides. This information may possibly be used to orient the direction of either underground workings or open pits so as to decrease powder consumption and to increase blasting efficiency. Hence it is of prime importance that a method of determining accurately the tensile strength of rocks be developed.

Jan 1, 1960

By Kenneth K. Landes

Lake stone is a term currently applied to chemical and metallurgical grade limestone or dolomite that is brought down Lakes Michigan and Huron by large cargo vessels, mostly self-unloaders. This stone comes from 5 quarries, all in Michigan and all steel company owned. The volume in 1973 was over 34 million tons. The primary reasons for the large volume are the quantity and quality of the stone available, and the low delivery costs to lower lakes markets. The source rocks are Silurian and Devonian limestones and dolomites of exceptional purity. The regional dip of these formations is 50 to 60 feet per mile southerly toward the lowest point in the Michigan structural basin, which is near the center of the Southern Peninsula. Two of the 5 quarries, both high calcium limestone sources, are on Lake Huron in the northeastern part of the Southern Peninsula. The other three are in the Northern Peninsula; one at the northern end of Lake Michigan, and two on northern Lake Huron. The western quarry is in limestone, the other two in dolomite.

Jan 1, 1975

By Kalman N. Isaacs

Aerial photography is a recognized and integral part of the search for petroleum and for the metallic ores, but its application lags seriously; in the search for the industrial minerals This is, in all probability, a result of the relatively stringent economics of the various industrial mineral industries. The oil and mining companies (particularly the oil companies) can afford generous exploration budgets and thus can experiment with unorthodox approaches such as photogeology. The industrial mineral industry is more restricted, and up to now has relied on less sophisticated methods of exploration. The industrial minerals have been generally defined as those materials extracted from the earth that are neither metals, metallic ores, fuels, nor ground water. Any group chat must be defined in such a negative manner, by citing the things that they do not include, must in themselves be extremely diverse in character. This is truly the case for the industrial minerals; the full list of industrial minerals is incredibly long and tends to increase year by year.

Jan 1, 1964

By G. Almgren

With the exception of sublevel caving, the most common method of underground mining in Sweden is the "cut-and-fill" method. It is normally used for mining non-ferrous metals , and' is used extensively in the complex sulfide ore mines of the Boliden Company in north and central Sweden as well as the mines of the STORA and Vieille Montagne Companies in central Sweden. All in all, the cut-and-fill method is used in 13 of Sweden's 45 mines. As the mines are relatively small, the volume of ore mined by this method represents only about 5 % of the total ore production in Sweden. The commercial value, however, is much large than this percentage would imply. The production volumes and grades of some typical mines are shown in Table I. As seen, when rated internationally, the grades are comparatively low. The prices are set according to ?international metal prices? as dictated by the London stock exchange, and in lieu of governmental support, rational management methods are critical in order to achieve satisfactory profit.

Jan 1, 1975

By Ramarao Inguva

Feasibility studies being conducted to investigate the use of electromagnetic methods for insitu volumetric heating of oil shales will be discussed. A two dimensional numerical model which describes eletromagnetic heating of oil shales is outlines. The model includes equations for temperature, pressure, saturations, chemical reactions, mass conservation, and source terms. The gases are all assumed to form one bulk species and the oil is assumed to remain in liquid form. The chemical reactions include pryolysis of kerogen and char, release of bound water, coking, and decomposition if carbonates. Porosity and permeability are dynamic functions of the organic materials. Calibration of the model is accomplished by comparison of the model results with experimental data obtained by IITRI. Nonlinear relationships for viscosity, thermal properties, and source terms and used as inputs to the model. A finite difference approximation to the differential equations is derived and solved using Newton's iteration technique. For the cases studied the solutions are quite stable. Numerical resultes are included and a preliminary study of the optimization of the heating process is presented.

Jan 1, 1984

By Douglas F. Crickmer

Pocahontas Land Corporation, a wholly-owned subsidiary of Norfolk and western Railway Company, owns a 100,000-acre block of coal lands in Martin, Johnson, Pike, Floyd and Lawrence Counties, Kentucky. These holdings were largely acquired in three major purchases between the years 1942 and 1959. The area is undeveloped and constitutes a part of the coal reserve for future mining. This block, which is principally in Martin County, lies in a triangle formed by the Levisa and Tug Forks of Big Sandy River on the sides with Dewey Dam at its base and the Town of Louisa at the apex. The topography'is typical of eastern Kentucky and consists of steep hills rising from 500 to 800 feet above creek level. There is little level ground in the area. As a matter of fact, some roads are on the creek bottoms with what little bottom land is available in the hollows being utilized for small-scale farming. The steep hills are marked by three separate massive sandstone formations which form cliffs ranging from 40 to 100 feet in height.

Jan 1, 1964

By Monica Pavlik, Thomas Wildeman

Water from the Forest Queen mine adit near Silverton, Colorado drains into a natural wetland. Because the pH of the water averages 5 and the iron concentration averages 18 mg/L, it was thought that the wetland might naturally treat the water. Of most concern with respect to the aquatic environment is zinc whose concentration averages 0.60 mg/L. Starting in October 1997, the surface waters, ground waters in the peat substrate, and the sediments in the wetland were sampled and analyzed four times over the course of four months. The adit water primarily remains as surface water where Fe, minor amounts of Al, and no Zn are removed. After the adit water enters the peat, then it is found that the pH rises to 5.8-6.5 and sulfate is reduced. The removal of Zn and A1 is caused by these two changes. However, Fe in its reduced state is quite soluble and may be remobilized in the reduced environment of the peat.

Jan 1, 2000

By I. Pordea

The materials used for the construction of buildings contain natural radionuclides of the U238 and Th232 series and are ? 50% due to land radioactivity. Another component of natural radioactivity is K40, with ? 40%. The presence of these radiopollutants in the final products (i.e. bricks, concrete) due to body irradiation is by two pathways: external irradiation and internal irradiation. External irradiation is due to gamma radiations emitted by Pb214 (RaB) + Bi214 (RaC) from the U238 series, by Ra228 (Mezothoriu I) + Ac228 (Mezothoriu II) + Tl208 (ThC??) from the Th232 series and by the K40 radionuclide. Internal irradiation is due to inhalation of radon (Rn222) and Rn220 (Tn) plus short life descendents (Po, Pb, Bi), radionuclides which are present in concrete. A fraction from radon present in concrete enters into a house leading to internal irradiation by inhalation. In Romania, the maximum concentration of radon allowed for new buildings is 200 Bq/m3.

Jan 1, 2008

By Timo Niitti

Within the minerals industry, flotation is the predominant method when processing sulphide ores. There is hardly any competition in this area because of the high efficiency and low costs of flotation. When processing other ore types magnetic or gravity• methods are commonly used and sometimes leaching methods are selected. The wide variation of the properties of gold (high value, low ore grades, softness, high specific gravity etc.) sets challenging requirements to the processing methods and particu­larly for flotation machines, which should be able to effectively recover free fine gold, coarse gold and gold bearing minerals throughout the full size range. In gold processes the amount of concentrate is usually low, but in some cases large amounts of gold bearing sulphides e.g pyrites has to be recovered. In gold processing seldom does only one method provide the optimum results, but the recovery is usually made using several complementary technologies: gravity separation, leaching and flotation are the most common ones. Mineralogy is the determin­ing factor when selecting the method or methods to be used.

Jan 1, 1995

By Emmanuel J. Voulgaris

The ?Milos Conferences? is an activity of the non-profit organization ?Milos Conference Center - George Eliopoulos?, located on the island of Milos, Greece. The objective of the ?Milos Conferences? is to create the conditions for interaction among different disciplines of academia and industry, and dissemination of the cutting edge between scientific and technological development. The young scientists are our special aim. The governing body of the ?Milos Conferences? is the ?Milos Conferences Council?. The president of the Council is Mrs. Kitty Kyriacopoulos - founder of the ?Milos Conference Center - George Eliopoulos?, and the members are from academia and industry. The planning and the organization of all conferences are carried out by the ?Heliotopos Professional Congress Organizers? in Athens. The venue is always the ?Milos Conference Center - George Eliopoulos? on the island of Milos. The ?Milos Conferences? comprise of different conference series, each devoted to a general subject. This book covers the proceedings of the ?International Conference on Sustainable Development Indicators in the Mineral Industries?, (SDIMI), a conference of the series under the general title ?Restoring the Natural Balance?.

Jan 1, 2003

By J. Lancaster

World demand of sulphur-in-all-forms (SAF), which in 1985 is estimated to total 57.5 million tonnes S equivalent, is expected to increase to 77.6 million tonnes S by the year 2000. Key factors are the evolution of sulphur demand in the USSR, China, and the developing countries notably India, Brazil, and the countries in North Africa and the Near East with vertically integrated phosphate industries. Brimstone will remain the dominant sulphurous raw material notwithstanding the progressive increase in the supply and use of sulphur in other forms resulting mainly from the enhanced recovery df pollution sulphur and the increased use of sulphur in pyrites in those countries with this sulphur resource. Sulphur demand for phosphate fertilizer manufacture is expected to have the main impact on world sulphur demand, but in contrast to the industrially advanced countries where non- fertilizer sulphur use is not expected to increase measurably, this demand sector is expected to be of some importance in those developing countries with dynamic economies and in the centrally planned economies of East Europe and the Far East.

Jan 1, 1986

By H. Nematollahi

The comminution laws The grindability of the ores or minerals is an important factor that could not be deduced from their mineralogical characteristics (Testut, 1958). Many theories have been proposed to determine the amount of work required in a comminution operation as a function of the nature of material, size and shape of the minerals before and after of comminution. The most important laws are proposed by Rittinger, Kick and Bond. According to Rittinger (1867), the work is directly proportional to the new surfaces produced during the comminution. Kick (1885) believes that the work needed to produce similar modification is proportional to the volume or mass of the material. Bond, during his 25 years of experience and research, reached to the conclusion that on the average the energy required for a known comminution is between the Rittinger's and Kick's laws (Bond, 1952). According to Bond's Third Theory, the work input is proportional to the new crack tip length produced during the particle breakage, and equals the work represented by the product minus that represented by the feed.

Jan 1, 1994

By Hans von Michaelis

It is appropriate that this opening session of HAZPAC '91 and Randol Gold Forum CAIRNS '91 should address the question of what the two industries can learn from each other. The panel is made up of members with experience in both industry. Several are experts on managing both hazardous waste and the mine/mineral processing environment. There is a marked difference in the regulatory needs with respect to treating and disposing of mining and mineral processing wastes, and "hazardous" or industrial waste materials. The topic of this paper is on the things that the two industries have in common: Many of the processes and technologies that are being used or are currently being developed for treatment of hazardous waste are the same or similar to the processes that have been used for decades or k,nger in the mineral processing industry. Hazardous waste treatment and remediation of contaminated solid and/or groundwater is a relatively new industry. Many of the practitioners in this new industry are relatively inexperienced in most of the "new" technologies that are being applied or developed.

Jan 1, 1991

By Gregory Owen Lewis

The use of gravity concentration as a means of recovering the 'free' gold component from alluvial and milled ore products is widely used and is receiving increasing attention, particularly with the introduction of the centrifugal-type concentrating units. Because of ever-increasing mining and processing costs and a decline in the gold price, it has become important that the recov­ery efficiency from concentrates is improved so as to increase the yield of bankable gold from this primary recovery step. This paper outlines an alternative hydrometallurgical approach aimed at achieving overall gold recoveries in excess of 98%, together with the elimination of any secondary residue streams which, in the case of conventional treatment methods, require re-processing. An adaptation to the Minataur™ Process technology is being applied with the proposed method, incorpo­rating the pre-treatment of the concentrate, oxidative leaching of the pre-treatment residue, followed by precipitation of a high­purity gold. This route is seen to have application in all scales of operation. Selected results from laboratory-scale testwork are presented to highlight the discussion.

Jan 1, 1998

By Keith Whiting

The Little Boulder Creek molybdenum deposit is in central Idaho, in the White Cloud Range about 3.2 km (2 miles) northeast of Castle Peak, the highest peak in the range. The elevation of the deposit is about 2591 m (8500 ft). The deposit is accessible only by helicopter or by a 12.9-km (8-mile) trail from the county road along the East Fork of the Salmon River. The nearest towns are Clayton [25.7 km (16 miles) northeast], Stanley [33.8 km (21 miles) northwest], and Ketchum [45 km (28 miles) south-southeast]. The principal known deposit at Little Boulder Creek is called the "North Zone." In this zone, the molybdenite occurs both in stock- work veinlets and disseminated through metamorphosed quartzite of Pennsylvanian age. Pyrite is ubiquitous, averaging perhaps 0.05%. Scheelite and/or powellite are present in trace amounts. An intrusive quartz monzonite stock, probably of Cretaceous age, bounds the deposit on the west. A steep fault which drops Tertiary age Challis volcanics into contact with the mineralization limits the deposit on the east.

Jan 1, 1991

By Thomas J. Feeley

The US Department of Energy (DOE) is supporting the engineering development of three advanced physical coal cleaning technologies: selective agglomeration, advanced flotation and advanced cycloning. Each is capable of significantly reducing the pyritic-sulfur content of US coals. The objective is to provide the coal and electric-utility industries with a cost-effective option for addressing the SO, emission reductions required by the 1990 Clean Air Act Amendments (CAA). A secondary objective is to evaluate the potential of advanced coal cleaning for removing trace elements that are precursors to the formation of hazardous air pollutants (HAS). The proposed National Energy Strategy (NEE) and the 1990 CAA lay a foundation for a more efficient and environmentally sustainable energy future (1991). The need to use energy resources in an environmentally sound manner presents critical challenges and opportunities for coal preparation during the next decade, particularly regarding the control of SOS and HAY emissions. The principal challenge is the development of cost-effective coal preparation approaches for sulfur and HAY precursor removal.

Jan 1, 1993