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By C. Musingwini, A. S. Nhleko

"Since the Global Financial Crisis (GFC) in mid-2008, capital has been more difficult to access. Mining projects must contend with projects from other industries for scarce capital. A decision to invest available capital in mineral projects requires that valuation be conducted to assess the expected return on the projects. The discounted cash flow (DCF) analysis is generally applied for the valuation of mining projects, whereby future cash flows are discounted to present value using an appropriate discount rate. The discount rate significantly affects the outcome of a valuation. Economic and finance theory provides tools to calculate discount rates. The discount rate must account for factors such as the risk and stage of development of the mineral project; hence the appropriate discount rate to utilize in a project is often a subject of debate.The discount rate is the weighted sum of the cost of debt and equity. There are several methods for determining the cost of equity. This study considers the commonly applied Capital Asset Pricing Model (CAPM) and Gordon’s Wealth Growth Model because of their simplicity and availability of parameters required to estimate the cost of equity. This study explores how differences in the cost of equity obtained by these two methods can be explained for a mining environment. Data for empirical analysis were collected from the I-Net Bridge, McGregor BFA, and Bloomberg databases. It was found that Gordon’s Wealth Growth Model provides better estimates of the cost of equity compared to the CAPM under depressed market conditions. Therefore, this research recommends that Gordon’s Wealth Growth Model be used to estimate the discount rates for mining projects during periods of depressed market conditions."

Jan 1, 2016

By V Morand, W R. H Ramsay

Structural, mineralogical, and textural data from the Tarnagulla Goldfield demonstrate that the area has undergone three significant phases of deformation. The first phase of deformation (D1) predates the intrusion of the Tarnagulla pluton, which has been dated using K/Ar as 391 ¦ 5MY. We regard this pre-granite deformational event as the major regional deformation. Gold-bearing quartz veins have been deposited in dilational sites on west-dipping reverse faults. These sites demonstrate a geometry related both to faulting associated with D1 and the plunge of the F1 fold axes. This evidence, together with chronology of unmineralised ? D2 and D3 faults, the absence of quartz veining associated with D3 events, and the deformation of carbonate-quartz-biotite-sulphide aggregates within Sl by later S2, lead us to conclude that the bulk of the mineralisation was essentially syn- or late D1 . d18O values for fluids in equilibrium with vein quartz from Central Victoria have indicated equivocal support for either a magmatic or metamorphic origin. Our evidence supports a pre-magmatic origin for mineralisation at Tarnagulla and hence tends to favour a metamorphic fluid source.

Jan 1, 1995

By H A. Challenor

Eyewash safety showers located in remote hot environments may be unsafe to use due to excess water temperature and high risk levels of water borne bacteria such as Legionella. Australian Standard AS 4775 specifies that dispensed water shall be bacteria free and have a maximum temperature of 37.8°C. Legionnaires disease is contracted when water aerosols containing Legionella bacteria are inhaled.Laboratory tests show 30 to 70 times more aerosols are generated by showers operating at 38°C than with showers operating at 25°C. Furthermore, excess temperature in flushing water can cause burn injuries leading to hospitalisation, skin grafts and/or permanent scarring. Excess temperature also increases the rate of reaction to corrosive substances, opens pores in the skin to allow greater dermal penetration and can cause dizziness and fainting by dilating blood vessels and reducing blood pressure.CITATION:Challenor, H A, 2017. Managing excess temperature and high risk levels of Legionella bacteria in eyewash safety showers, in Proceedings Iron Ore 2017, pp 337–346 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By M J. Kongas, K M. Saloheimo

This paper presents the art of on-stream particle size and elemental analysis used at iron ore concentrators, followed by the results and experiences from several sites.Online particle size analysis is rather common at medium- to large-sized concentrators. Online X-ray fluorescence (XRF) elemental analysis, however, is only used in some iron ore concentrators, while it is a routine practice in base metal concentrator plants. Online XRF analysis is applicable for process monitoring and control down to four to five per cent silica by measuring Fe assays accurately. With lower silica content, direct measurement of silica and other light elements is required. Some light element analysers that are based on the prompt gamma neutron activation analysis (PGNAA) method have been developed, but they have not performed up to expectations with slurry analysis. Other methods have been tried though these have not been used beyond prototype installations. Operating online light element slurry analyser installations are not common in iron ore applications.There is an economic incentive to mine lower and variable grade iron ore resources, which require concentration and removal of several impurities to produce high-quality concentrates for pellet production. Monitoring such operations by on-stream analysis has significant economic benefits, and there is a need to develop a dependable slurry online analyser for Si, Al, Mg and other light elements. The latest developments in slurry on-stream light element analysis are described.CITATION:Kongas, M J and Saloheimo, K M, 2013. Online slurry analysis for process control and monitoring at iron ore concentrators, in Proceedings Iron Ore 2013 , pp 303-308 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 12, 2013

By Lucas Sanches Magalhães

A utilização de resíduos industriais é dificultada, na maioria das vezes, pela presença de determinados elementos, como por exemplo, o ferro, justificando assim a sua remoção. Dentro deste contexto, o objetivo deste trabalho foi estudar a sulfatação de um resíduo proveniente da flotação de um minério de ferro e subsequente lixiviação deste resíduo sulfatado. A composição mineralógica da amostra inicial foi obtida por DRX e MEV sendo possível identificar quartzo (SiO2), hematita (Fe2O3) e muscovita (KAl2Si3AlO10(OH,F)2). De acordo com a análise química, os teores dos elementos principais foram: Fe (12,65%), S (4,02%), e Al (0,62%). Na sulfatação, realizada à 250ºC durante 4 horas, foi estudada a influência da relação ácido sulfúrico/amostra (0,1:1; 0,2:1; 0,7:1; 0,8:1; 0,9:1 e 1:1) na extração do ferro. A lixiviação foi conduzida com 5% de sólidos do material sulfatado, sendo avaliada a interferência da temperatura de lixiviação (25°C e 90°C) e do tempo de duração dos ensaios (15min, 30min, 60min, 120min, 180min e 240min). Pelos resultados obtidos observou-se que o tempo de lixiviação foi um parâmetro insignificante. A máxima extração de ferro foi encontrada sulfatando o resíduo na relação ácido/amostra 1:1 e posteriormente realizando a lixiviação deste resíduo sulfatado a 90°C por 30 minutos, alcançando 85,64% de extração do Fe.

Aug 17, 2017

By W. S. Dyer

The Minto coal basin lies in the central part of the province of New Brunswick, near the head of Grand Lake. The village of Minto which is the centre of mining activity of the district, lies about 35 miles east of Fredericton and somewhat greater distances to the north and west of the cities of St. John and Moncton respectively. Although coal has been mined in the basin for a number of years, it was not until recently that the production became sufficient to warrant a thorough geological investigation. The summer of 1922 was spent, in accordance with in structions from the Director of the Geological Survey, in making a detailed study of the geology and coal resources of the Minto coal basin, which is covered by the Minto and Chipman map sheets, each embracing an area of 200 square miles. The present paper is a short outline of the principal results obtained in the field. The writer wishes to acknowledge the assistance cheerfully given him by the managers and officials of the various companies operating in Minto. He wishes especially to thank Mr. W. B. Evans, Manager of the Rothwell Coal Company, for assistance in the collection of fossils and for the generous supply of information relative to the early history of the coal field.

Jan 1, 1924

AFRICAN NATIONAL COMMITTEE ON TUNNELLING In 1970, the South African Institution of Civil Engineers, the South African Institute of Mining and Metallurgy, the South African Institute of Mechanical Engineers, and the Geological Society of South Africa held an international conference on tunnelling, known as Tuncon 1970. SUID-AFRIKAANSE NASIONALE TONNELBOUKOMITEE In 1970 het die Suid-Afrikaanse Instituut van Siviele Ingenieurs, die Suid-Afrikaanse Instituut vir Mynbou en Metallurgie, die Suid-Afrikaanse Instituut van Meganiese Ingenieurs en Die Geologiese Vereniging van Suid-Afrika 'n internasionale konferensie in verband met tonnelbou gehou, wat bekend gestaan het as Tonkon 1970.

Jan 5, 1974

By N. T. Lowe

This Bureau of Mines publication presents salient deposit information in abstract form on 119 principal mineral deposits in the State of Nevada. Commodity coverage addresses 17 critical and strategic commodities that appear to have commercial production potential in the State. The core of the deposits described is taken from those properties evaluated d under the Bureau of Mines Minerals Availability Program (MAP); additional deposits are included to provide a more complete coverage. Institutional and infrastructural factors affecting mineral development are also discussed.

Jan 1, 1985

By David A. Lipton

In 1983, U.S. Bureau of Mines personnel examined mines, prospects, and mineralized areas to determine the mineral resources in the Carrizo Gorge Wilderness Study Area (WSA). The 14,571-acre WSA, located 42 miles east of El Centro, CA, is underlain primarily by Mesozoic granitic rocks and pre-Cretaceous metasedimentary rocks. Six prospects were found within the WSA and two mines are adjacent to it. Mineral deposits within the WSA have had insufficient development and rock exposures for calculating resources. The WSA contains no identified mineral resources; however, further exploration may disclose gem quality minerals. Two mines adjacent to the WSA, the Pack Rat and Beebe Hole, have produced gem quality kunzite and aquamarine from pegmatite dikes. According to the owners, a significant amount of gem minerals have been mined here in the last decade. Based on past production and the characteristic minerals indicating gem-bearing pockets, additional pockets are likely. Similar pegmatite dikes occur from Mt. Tule to Carrizo Gorge and may contain gem-bearing pockets. Pegmatite dikes also occur in the WSA near Rockhouse Canyon, but contained few of the mineral associations indicative of gem-bearing pockets. Manganese occurrences north of the Beebe Hole and Packrat Mines and within the WSA contain low concentrations of manganese. Significant sand and gravel were not identified. There is no evidence of deposits of oil and gas, or geothermal energy.

Jan 1, 1985

By Bernard H. Hertlein

Transportation system structures have come under very close scrutiny in the last couple of years, largely due to the damaging effects of disasters, both natural and man-made. In the Pacific northwest and California, earthquake risk is a major concern. In the central and eastern states barge impacts on bridge piers and docks are a big worry. In all cases of bridges over water and waterside structures, scour is a primary concern. Some of the results of this scrutiny have been changes in design and construction methods, and the introduction of more testing to supplement field inspection during construction, and throughout the service life of the structure. Future construction of bridges and docks will almost certainly see a continuing growth in these practices. Where foundations are concerned, particularly for bridges and waterside structures, many state and local authorities have started specifying drilled shafts rather than driven piles. Where the shafts must be constructed under water or slurry, visual inspection of most of the work is impossible, and one of several different Nondestructive Tests (NDT) is often specified. Contractors' experiences with these methods have varied considerably, and there is a great deal of controversy in the deep foundation industry over the reliability of NDT methods for assessing the integrity of foundation shafts or piles. The author has had more than 15 years of practice with the various NDT methods for deep foundations, on projects all over the US, particularly foundations for bridges and dock structures, and has developed an understanding of the "NDT controversy" as it has become known. In particular, experiences in the Pacific Northwest, California, and Alabama have illustrated the reasons for the controversy. This paper reviews these experiences, and suggests some steps that owners and contractors can take to reduce the risk of inconclusive or downright inaccurate test results.

Jan 1, 1998

By R. S. Dean

"INTRODUCTION The metallurgical research program of the Bureau of Mines has been somewhat disorganized, but generally advanced by the increased activities of the war period. The present report is for the purpose of summarizing the work of the Bureau in this field for the past 15 years and indicating its future plan.Fifteen years ago the Bureau turned from its pioneer work on the physical chemistry of steelmaking to an emphasis on raking a pure steel synthetically, rather than by refining, that is, :producing each of the steel 'constituents in the pure state and combining them by simple melting. Such a procedure permits the use of less high-grade ores, not only of iron, but of the ferroalloy metals, such as manganese and chromium,This program has led to extensive work on iron-ore concentration, agglomeration, reducibility of ores and agglomerates, direct reduction of iron ores and concentrates by a wide variety of processes; special refining processes for iron, the production of pure mangenese, chromium, and cobalt from low-grade ores by electrolytic processes, the production of ferrochromium, ferronickel, and ferronickel-cobalt from low-grade domestic ores, and the development of many special alloys to effectively use the new products.The status of the work in each of these fields and the future program of work, together with a bibliography of papers and patents by the Bureau staff on each of these subjects, are given."

Jul 1, 1946

By Jay S. Gunasekera

Metal parts are traditionally processed by either filly-liquid (e.g., casting) or filly-solid (e.g., forging) state. Semi-solid metal forming incorporates elements of both casting and forging. In 1991, Gunasekera(5) developed a model illustrating the influence of flow stress by the liquid fraction. The result fits Kiuchi's (1979)(7) experimental data quite well. This model assumed the liquid part is surrounded by solid as small pockets inside the material, which is opposite to the real practical situation. Since the melting usually first happens at the grain boundary, it is better to treat the semi-solid material as small metal crystal surrounded by liquid.

Jan 1, 1997

By Fujio Ishii

The deoxidation of liquid nickel and nickel binary alloys with silicon has been determined at temperatures between 1500°C and 1650°C using quartz crucibles in order to investigate the deoxidation of nickel based alloys. The equilibrium constant of the deoxidation reaction in liquid nickel and the effects of the different alloying elements such as chromium, molybdenum, tungsten, iron, cobalt and coppcr on the activity coefficient of oxygen in liquid nickel have been established.

Jan 1, 1993

A forecast of energy demand in the non-commu- nist world to the year 1990 is presented with com- ments on the expected effectiveness of conservation efforts in achieving more efficient utilization of energy. A forecast of energy supply for the same period is presented showing the contribution of oil, gas, hydropower, coal, and nuclear fuels, with brief comments on the factors constraining the rate of growth of non-oil energy supplies. The role of `synthetic fuels', i.e. liquid or gaseous fuels produced from coal, oil shale, and tar sands, is reviewed with brief discussion of factors affecting the development of this industry. In somewhat greater details, the growth of demand for oil by geographic regions is analyzed. Particular attention is directed to the source of the oil supplies which will be required. The anticipated rate of discovery of new oil reserves is discussed with comments on lead times required in the development of new discoveries in hostile environments such as the Arctic and deep oceans. The continuing importance of oil supplied from countries which are members of the Organization of Petroleum Exporting Countries (OPEC) is illustrated. Oil will continue to be the marginal ('balancing') source of world energy supply throughout the forecast period and although it now appears that oil supplies will be sufficient to balance the energy equation during the 1980s, little flexi- bility will exist to cope with unexpected growth in demand or slippage in supply. Prudent energy re- source management will require major efforts to stimulate conservation and also to stimulate the rapid development of conventional and new forms of energy supplies and changes in energy consump- tion patterns to utilize the new supplies. Because of the long lead times and the massive capital require- ments involved, governmental policies are needed soon which will stimulate conservation and which will encourage businesses to move rapidly to assure the energy supplies the world will require in the 1990s.

Jan 1, 1978

By John C. Edwards, Gene F. Friel

A series of liquid fuel fire experiments evaluated the comparative responses of five types of commercially available smoke detectors and a diffusion-mode carbon monoxide (CO) detector under normal and reduced airflow conditions based upon the alarm times of the detectors. These experiments were conducted in the Safety Research Coal Mine at the U.S. Bureau of Mines Pittsburgh Research Center. Two of the smoke detectors had manufacturer set alarms. For the other three smoke detectors, an alarm point was defined in terms of their background analog signal and the detector's electrical output noise under ambient conditions. A correlation was developed of the travel time of 5 ppm CO between pairs of CO detectors with the travel time calculated from entry and crosscut volumes and measured airflow. Based upon the relative performance of smoke detectors in this limited study, smoke detectors can be as effective as CO detectors for mine fire detection once identifiable alarm values are defined. Implementation of smoke detectors as part of an atmospheric mine monitoring system will improve mine safety.

Jan 1, 1996

By Tristan H. Jones

Beginning in 1987, miniature dataloggers approved by the Mine Safety and Health Administration (MSHA) were publicly available for sale. The principal among these was the model CR21XQM, manufactured by Campbell Scientific, Inc. These dataloggers had been tested and were deemed permissible by MSHA and thus could be installed in the return air of an underground coal mine. In 1996, production of all permissible Campbell Scientific dataloggers ceased due to lack of sales. Data collection with these dataloggers has been a staple of ground control research in the United States for decades, and, without them, or a replacement, the capability to monitor ground behavior is severely impacted. Since that time, any party requiring a permissible datalogger has needed to borrow one that was purchased during the production years. In order to fill this technology gap and ensure its own data-gathering capabilities, the National Institute for Occupational Safety and Health (NIOSH) has developed and refined its own miniature data acquisition system (MIDAS). On February 16, 2010, MSHA deemed the MIDAS to be permissible and approved it for use in the return air of an underground coal mine. The MIDAS is an intrinsically safe, 16- or 24-bit datalogger, compatible with a wide range of resistive, single-ended, and differential-type instrumentation. It contains enough data storage memory to operate for over a year with typical data rates and is efficient enough to do this on a single C-sized alkaline battery for that entire period. It is menu-driven and requires no programming knowledge to operate. It supports wireless or hardwired communication for datalogger setup and data download. This paper describes the design, field and laboratory testing, and capabilities of the MIDAS datalogger. While not as fully -functioned as the CR21XQM, it is the only new permissible datalogger available, and there is intent to make it available to the mining industry for purchase.

Jan 1, 2012

By G. C. Gullo, H. Wabusseg, P. J. Uggowitzer, H. Kaufmann

"The basic concept of New Rheocasting (NRC) is described and the application of wrought alloys with this process is discussed. Practical experiments with the aluminium alloy AIMgSi I are explained. For this alloy the proper NRC - casting temperature was determined by using Thermo Cale - computer software and DT A and the essential processing conditions are shown. In the experiments the melt was taken from an aluminium holding furnace and cast into NRC steel cups. After controlled cooling the resulting slurries were cast into a 4-step die on an UBE HVSC 350 Squeeze Casting machine. The characteristic microstructural values such as grain size and shape factor were measured and compared with classical casting alloys. The influence of the wall thickness of the step part (6 mm, 10 mm and 14 mm) on the microstructure is described. Tensile properties in different heat treatment states are compared with characteristic prope1ties of the same alloys in forged condition. The ew Rheocasting - process CNRC)The NRC process is a recently developed new semi-solid processing method which allows the production of pore-free, pressure tight components.In the NRC process a fu lly liquid, but only slightly superheated melt is taken from a holding furnace and poured into specially designed steel crucibles, which are placed on a carousel next to the Vertical Squeeze Casting machine. In this ,NULL,slurry maker'· globul ar a-Al grains grow, following forced homogeneous nucleation at the cup wall [ 1, 2]. In the few minutes during which the melt is cooled to sem i-so lid processing temperature, a stable ske leton of a-Al phase forms. The resulting slug keeps a cylindrical shape during its slide into the sleeve of the Vertical Squeeze Casting machine, where it is cast into shape."

Jan 1, 2000

By Herman D. Mendoza

A rapid recovery/recycling process was introduced utilizing the surface-chemical properties of finely dispersed mercury and alumina (Al2O3) fibers in aqueous environment. The conventional method of amalgamation or .ball milling. involves the mixing of a substantial amount of mercury to collect free gold during the grinding stage. In effect, a portion of the mercury is transformed into minute droplets that readily float and disperse in the amalgamation effluent. The fine droplets of mercury in the dispersion readily attached onto the positively charged macroscopic alumina fibers (i.e. = pH 9.8) at conditions pH 3 to 10. When an effluent from settling procedure after an amalgamation-grinding stage is passed through a column-bed packed with alumina fibers, maximum collection of negatively charged finely dispersed mercury occurred at pH 3 to 6. The collection/attachment efficiency was 99.5%. The collected droplets of mercury, which are left in the column-bed of alumina fibers, were subsequently rinsed with alkaline solution at pH 10 to 11.5. At these conditions, both mercury and alumina fibers carry negative surface potentials and resulted in the partial detachment of mercury from the alumina fibers. The detachment efficiency was only 30-35%. The attachment/detachment mechanisms in this study were analyzed using the DLVO theory.

Jan 1, 2003

Energy Dissipation in Long-Distance Slurry Pipelines

Sep 13, 2010

By W. W. Stephens

As part of the Bureau of Mines program directed toward more effective utilization of the mineral resources of the United States, a number of processes for production of sponge iron have been investigated. The use of sponge iron as a raw material for production of steels and other ferrous alloys offers several possible advantages over the conventional pig-iron and scrap process, especially for utilization of the smeller, widely distributed iron-ore deposits of the western United States. Although considerable information has been made available on various processes for production of sponge iron, little information 118.6 been published heretofore on the problems and costs involved in melting the sponge iron for production of steel. The present Paper reports the results of tests conducted at the Bureau of Nines pilot plant at Redding, Calif. in which several different types of sponge iron Were used as charge material for production of steel in a 4-ton-capacity basic arc furnace.

Jan 1, 1949