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The theme of this paper is the development of-the project feasibility study which includes discussion of the work which is carried out in preparing the project feasibility study, the necessary evaluations and structures that are employed to ensure that not only does the feasibility study itself stand up to scrutiny and is sound, but also that the investment the company is proposing to develop, "the project", is an investment decision which will represent good returns to the company. This theme is particularly relevant when there are competing divisions within the company and only limited cash resources are available to make the correct investment decision. Thus various potential investments may be evaluated against each other to determine which project will be given the go ahead for development. This paper will particularly focus on the various investment analysis techniques that are used and discuss the work that is required in preparing the project feasibility study and specifically the interaction of the project team members and the thought process that must be undertaken to complete the project feasibility study. Finally comments will be made on tax planning issues particularly with respect to taxation of gold production to be introduced in January 1991. Some ideas are presented which may help and possibly improve the financial position of the projects being reviewed. Further, it is suggested that the thought process which goes with the financial engineering aspects of a resource project can be widened to take account of taxation issues and tax planning to ensure the rise of the project feasibility and hence the decision to proceed to development by the project sponsors.

Jan 1, 1990

Procedures employing thiocyanate and dithiol complexes of molybdenum have been developed for the determination of the metal in the presence of large quantities of ferric iron. The procedures are developed for field application and it is possible to complete 200 analyses per day with laboratory accuracy. Use is made of sulphuric acid extraction and ascorbic acid reduction in the case of the thiocyanate procedure whilst the reducing system in the dithiol procedure is potassium iodide-sodium sulphite. Using a simple photometer the range of determination possible is 0-10~g for the thiocyanate procedure and 0-5 g for dithioI.INTRODUCTIONOf the many colorimetric procedures that have been developed for the determination of molybdenum only those using the thiocyanate or toluene-3, 4-dithiol complexes of the metal are sufficiently free from interference to be of use in geochemical prospecting. Rapid methods based on both these complexes 'have been developed at the. Broken Hill Division of The University of New South Wales as part of a general programme designed to improve geochemical procedures. Whilst speed rather than high accuracy is the important factor in prospecting, the aim of the programme is to develop procedures which will allow determination of 200· samples per man-day without loss of normal laboratory accuracy for the methods concerned.In most geochemical procedures visual estimation of a coloured complex is used in the determination of the quantity of metal present. At the high rate of sample determination of the improved methods this procedure places severe strain on the eyes. For this reason all methods are designed for determination by means of a simple filter photometer...

Jan 1, 1965

By L. du Plessis

The name FISH (Fully Integrated Sort House) refers to a class of technology deployed at Jwaneng Mine final diamond recovery. The FISH concept is based on three pillars, namely: ?Improved sorting efficiency FISH is based on laser technology, which is more efficient than hand sorting for certain product categories. Laser sorting is based on measuring in-elastically scattered light from molecules and this is referred to as Raman spectroscopy. The Raman scattered light occurs at wavelengths that are shifted from the incident light by the energies of molecular vibrations ?Availability of production information Roller gap diamond size distribution information is generated on line for upstream process optimization ?Improved product security A ?hands-off? philosophy reduces security risk during operation and maintenance of the plant. In addition, a number of lessons were learnt about the application of new technologies in the industry: ?The required human competency profile demanded by new technology should match the available competencies of the operational staff ?An integrated information management system should be fully functional for both production management and diamond control purposes ?Operational feedback must be correctly evaluated to identify design, maintenance, training and operational issues so as to accelerate the maturity of the new technology within the time span of the sustainable operations project ?Project execution and technology maturity risks have to be evaluated and married to ensure risk mitigation by means of suitable project resource and contracting model selection.

Jan 1, 2003

By C. M. EYE

IN the spring of 1905 I was employed by Messrs. Bradley and Requa, under our fellow member, Thomas Cox, on the mill plans for the Nevada Consolidated, when an opportunity came to go to the Philippines to erect a small mill on the property of the Benguet Consolidated. This I accepted, expecting to be away eight months or so, but it was seven years before I got back. .I sailed in May, on the Coptic, having as room-mate as far as Kobe, A. E. Drucker, who was going out to Korea for the Oriental Consolidated. It was the first trans-ocean trip for either of us, and we had some rather unusual experiences. This was toward the close of the Russo-Japanese war and the Russian fleet was known to be on the way from Suez to Asiatic waters, but it was a matter of doubt whether they would risk a passage between Japan and the mainland, or take the longer but obviously safer route outside of Japan. The Coptic carried much contraband of war for Japan, so naturally did not care to meet this fleet. No definite word being available at Honolulu, we went to the Midway Islands, but the cable station there had very little information to offer, so we proceeded cautiously toward Japan. On the last afternoon out, we steamed due north at half speed for several hours, and finally sneaked into Yokohama at night, to learn that ' the Russian fleet had met the Japanese the day before and had been annihilated. We sailed over the spot in the Sea of Japan a week later, and when we got to Manila we found three of the Russian boats interned and being guarded by the monitor Monadnock and a cruiser. This was only a matter of form, as the Russians were only too glad to be there for the rest of the war, and the boats could not have gone far anyway, for they were literally shot to pieces. The Admiral's flagship had a hole within 3 ft. of the water line, for ward, through which a man could enter by stooping.

Jan 1, 1929

IN presenting a'description of milling and treatment methods at the Waihi mine, it is advisable to first traverse a good deal of the past history of the mine, and show the various steps which have led up to present-day practice. The record of the company is one of steady, solid advancement, both in metallurgical and financial results. This is illustrated by the following figures, dating back from 1897...

Jan 1, 1912

By John Ellenberger

The nature of a stone deposit is rarely defined through exploration and engineering design, but more through the actual experience encountered as the mine develops; hence, issues with ground control are often at the forefront for a new mine. Ground control problems account for over 15 percent of lost-time injuries in underground stone mines. The objective of this work is to present actions taken during early development of a stone mine to mitigate the obvious effects of high horizontal stress on ground control. The mine was developed from a box cut with relatively little cover, and high horizontal stresses were not anticipated. Early recognition of possible high horizontal stress resulted in mapping of the mine using the NIOSH-developed Roof Fall Risk Index (RFRI) to provide a baseline to objectively analyze roof conditions. A program of borescoping the mine roof provided valuable roof beam thickness data and found that the roof beam was of minimal thickness, approximately 10 percent of drift width. As the mine developed, it became apparent that ground control problems related to high horizontal stress existed. A concentrated effort was made to improve ground conditions by implemeting a number of mitigation techniques. Actions taken by the mine included systematic roof support, reorientation of mining direction, a lower roof horizon, reduced span widths and reduced mining height in crosscuts to prevent running falls. These strategies resulted in signifcantly improved ground stability.

Jan 1, 2012

By T. L. Johnston

The Dobbins property, about 4-1/2 miles northeast of Cartersville, Ga., was fist operated in 1866, it is the oldest manganese mine in Georgia and one of the oldest minus in the United States still producing manganese ore. Changes in ownership, lessees, and operators and lack of records prevent the compiling of statistics regarding total production of ore from the property.

Jan 1, 1942

By T. L. Johnston

The Dobbins property about 4-1/2 miles northeast of Cartersville, Ga., was first operated in 1866. It is the oldest manganese mine in Georgia and one of the oldest mines in the United States still producing manganese ore. Changes in ownership lessees and operators and lack of records prevent the compiling of statistics regarding total production of ore from the property

Jan 1, 1942

By G. J. Slavens

The U.S. Bureau of Mines conducted research on preparing submicrometer titanium nitride (TiN) powder as a substitute for tungsten carbide (WC) in cutting tools and wear-resistant parts. Earlier research on a small scale was expanded to include a larger reactor. The TiN powder was produced by contacting titanium tetrachloride (TiCI4) with anhydrous ammonia (NH3) in the presence of Mg at 1,100° C. The powder was collected in an electrostatic precipitator (ESP) filled with ultra-high-purity (UHP) Ar. All collected powder was thermal vacuum distilled to remove Mg and magnesium chloride (MgCl2), leaving the purified TiN. Powder handling and purification procedures were conducted to assure low oxygen content in the powder product. Oxygen content in the distilled TiN powder product was as low as 0.40 wt pct. Nitrogen averaged near 22.0 wt pet with a high of 22.4 wt pct. The purified powder product had an average median particle diameter of 0.14 µm with a standard deviation of 0.09 µm.

Jan 1, 2010

Minerals are vital to any industrialized civilization. Annually, the United States uses more than 4 billion tons of new mineral materials, or about 40,000 pounds per person-about half being mineral fuels and the other half being metals and nonmetallics. Stable and economic domestic mining, mineral, metal, and mineral reclamation industries are essential to the economy. The value of United States energy and processed materials of mineral origin exceeds $200 billion annually. Although a number of minerals are imported, especially some designated as "strategic and critical," most U.S. mineral supplies are derived from the domestic mines and processing facilities that you will be seeing, reading about, and visiting as you use this visitor guide. We hope you enjoy your experiences. This pamphlet, a guide to mining and mineral operations that may be observed or visited and some other points of interest relating to minerals, is intended to aid tourists and students who are interested in mining. Some may wish to study our Nation's romantic past; others may plan to enter the minerals industry as a career; still others may have a primary interest in conservation practices. The pamphlet is also intended to aid State and local officials, Chambers of Commerce, and mining firms in answering some of the many questions of tourists and students.

Jan 1, 1976

By A. H. Onur

Many factors govern the size and shape of an open pit, and these must be properly understood and used in the short and long-term planning of any open pit and quarrying operation. The importance of each factor will depend on the particular project, but the geology, grade, and localization of mineralization, extent of the deposit, topography, property boundaries, production rates, bench height, pit slopes, road grades, mining costs, and cut-off grades are key elements of open pits. This paper discusses the work done on the above parameters in order to provide an optimal production plan for a limestone quarry and clay deposits that provide raw material for a cement factory in Turkey. Soke cement factory has 1 400 000 tons of clinker capacity and is located on the western part of Turkey, in the province of Aydin. It is one of the largest facilities in the cement sector in terms of capacity, and it has a large advantage over facilities because the location of the factory was chosen to obtain the raw materials necessary for cement production within very short distances. However, the old reserves that supplied limestone to the factory had been reported to have run out, and therefore new limestone reserves in the same province have been investigated over the years by experienced geologists. From surface samples, high MgO content was reported in the neighbourhood of limestone formations with high dolomatization; hence, other alternatives were taken into consideration. One alternative with better chemical composition had been found 24 km away from the factory, but the haulage cost of limestone was unacceptable for the factory due to high diesel prices in Turkey. The maximum allowable MgO content in the pre-mix feed to a rotating furnace is 2.5% MgO content in pre-mix from both limestone and clay deposits. The clay deposits belonging to the cement factory have higher MgO content than the limestone deposit, and therefore this quality problem was taken into consideration first, instead of transporting material from 24 km away. This study gives the details of work done to evaluate both the clay and limestone deposits, statistical analysis performed on core samples taken from drill holes, mathematical modelling for both sites, and most importantly of all, in-pit homogenization work that reduced the pre-mix MgO content. As a result of this study, the profitable limestone quantity has been improved in order to serve the cement factory over a projected 25 additional years without using any material from the close deposit.

Jan 1, 2008

By Tian Sugui

By direct aging treated, creep properties measurement and microstructure observation, the influences of the direct aging treatment on the creep behaviors of Hot Continuous Rolled GH4169 superalloy are investigated. Results show that the creep resistance of Hot Continuous Rolled GH4169 superalloy may be obviously improved by directly aged treatment. Under the applied stress of 700MPa at 660, the creep lifetime of the alloy is enhanced to 126h from 60h. During hot continuous rolling, the deformation features of the alloy are the twinning and the double orientations slipping of the dislocation activated within the twinning regions. After direct aging treated, the alloy displays a smaller grain size, and the finer g² phase is dispersedly precipitated in the matrix of the alloy, which is thought to be a main reason of enhancing creep lifetime of the alloy.

Jan 1, 2010

Blasts should be designed so as to maximise the percentage of charges which shoot to a free face (Le, to a pronounced rock/air interface).Free faces should be rough, parallel and reasonably near to blastholes and, very importantly, concavely·biplanar relative to the charges (see Fig. 6b). The presence of biplanar free faces requires that each charge fragments and detaches its quota of the burden rock before the detonation of:1. later-firing adjacent charges in single-row blasts, and2. dependent charges in multi-row blasts.In multi-row blasts, biplanar faces are best achieved:1. by drilling blastholes on equilateral triangular grids,2. by selecting a VI, V2 or V3 initiation sequence, and3. by using down-the-hole delays.Biplanar faces start to be created only when the conventional value of effective blasthole spacing/effective burden distance (Se/Be) increases beyond about 2.4. Values of Se/Be less than about 2.4 result in planar free faces. Where biplanar faces are created, conventional values of Se/Be are invalid and appreciably greater than real values of Se/Be.

Jan 1, 1986

As a result of the world depression and the consequent heavy fall in the price of tin, Malaya joined with other great tin producing: countries of the world in a restriction scheme that heavily restricted production from its individual mines. This condition, together with the knowledge that it was becoming more and more difficult in, Malaya to acquire further areas and so prolong the existence of a specific company's activities, induced Mr. H. G. Scott, managing director for the Siamese Tin Syndicate Ltd., to consider other possible sources of production. Mainly because of the conditions that obtained in Tasmania, he turned his attention to that country, where, not only could mining be carried on without restriction as to output, but where the incidence of the exchange position created favourable conditions for operation. The district selected for examination was that of St. Helens, on the East Coast of Tasmania, which district had behind it a long record of successful tin mining operations.PRELIMINARY OPERATIONS OF SIAMESE TIN SYNDICATE LTD. AT ST. HELENS.First of all the district was examined, and there was no lack of evidence to show that tin existed, although it was impossible to get down to quantities and values without an extensive prospecting campaign. For one thing, the physical features of the country seemed to be all wrong. There were no extensive alluvial flats such as a mining engineer...

Jan 1, 1934

By Yuanbo Zhang

Keywords: Complex Iron Ores, Roasting, Tin, Zinc, Pellets, Comprehensive Recovery. The complex iron ores containing tin, zinc are typical refractory ores. Large reserves of the ores are found in China and have not been utilized efficiently so far. A new process of tin and zinc recovery and pellet preparation from iron concentrate containing tin and zinc by controlled atmosphere roasting is developed in this investigation. The results of 2573 N/P compression strength of product pellets, the 91.49% and 82.22% volatilization of tin and zinc respectively, are achieved for a concentrate containing 0.39% tin and 0.28% zinc. The strength and chemical compositions of the pellets meet the requirement of blast furnace ironmaking. Volatilization mechanism of tin and zinc are investigated. Thermodynamic study shows that the reduction balance curves of SnO2(s) and SnO(g) are proximate in the presence of carbon, and the standard formation free enthalpy of FeO and SnO2 is also approachable. Therefore, it is difficult to realize the complete volatilization of tin in the form of SnO(g) by selective reduction. But SnO2(s) and SnO(g) will form SnCl4(g) or SnCl2(g) in the presence of chlorides and can be easily volatilized from the ores.

Jan 1, 2005

By M. McWha

Laboratory bias is a universal problem in all branches of analytical science. It results from differences in methods, techniques, equipment, and calibrations between laboratories. Notwithstanding that it is a property that can be measured by the use of standards or by inter-laboratory testing, laboratory bias remains a material issue for the mining industry. There is extensive literature and clear guidelines on measurement from the International Organization for Standardization (ISO) and its worldwide federation of national standards bodies (ISO member bodies) and from the science of metrology. ISO guides cover the manufacture and use of standards. An accessible source of literature covering laboratory quality control comes from the public health sector, particularly pathology. There is little doubt in financial reporting rules about the meaning of materiality. Public reporting guidelines are clear that material matters need to be disclosed for investors. Unfortunately there is currently no clear guidance what to do about biased assay results in mineral industry public reporting guidelines. This paper reviews the requirements for the manufacture and use of reference materials, public reporting requirements in the mining industry, and presents proposals to improve management and reporting of laboratory biases. Keywords laboratory bias, reference materials, ISO Guides, financial reporting, materiality.

Jan 1, 2014

The flolation behaviour of some Australian uranium ores was investigated. Although uraninite and pitchblend float readily with fatty acids, selective concentration to produce an economically discardable tailing has not yet been achieved. This is attributed to the presence in the ores of a quantity of uranium mineral in finely dispersed form which is very difficult to liberate. For some of the ores, at least, the proportion of this material decreases with increase in head assay.Flotation may be a useful concentrating method for some Australian ores if uranium oxide is to be sold in a free competitive market.

Jan 1, 1967

By V Kveldsvik, N Ragvin, T Eiken, G Grøneng, G V. Ganerød

Catastrophic rock slope failures have caused destructive tsunamis in Norwegian fjords. At the Åknes rock slope the tsunami generating potential is large due to the potential large volume involved in a possible catastrophic failure. Widening of the upper crack has been recorded since 1986, and in recent years, a quite extensive investigation and monitorin campaign has been conducted. Data from some of these investigations are presented and analysed with respect to a preliminary evaluation of the stability of the slope.

Jan 1, 2006

By M. Seeger

The demographics and the growing numbers of people provide a strong signal that the demand for electrical power in Southern Africa will grow considerably over the foreseeable future. Without a steady and increasing supply of electricity development of the continent is likely to be constrained. The inventory of solar, wind, hydrothermal, geothermal and biomass resources will probably provide sources of energy for the future The parallels between extraction of natural resources in the minerals industry and the green energy industry is striking, and the well-established project development process in the minerals industry provides an ideal and useful template for comparing the establishment and development of green energy projects. The potential levels of power generation and carbon savings are described.

Jan 1, 2010

By Jianbo Hu, Tao Zheng, Zhao Qihua, Rui Su

Rock mass discontinuities play a significant role in evaluating the stability of rock slopes. It is necessary to collect and analyze these discontinuities to fully understand the mechanical and deformational behaviors of rock masses. Based on the digital images of some slope faces, this paper proposes a framework based on machine learning for detecting and extracting discontinuities. First, digital images and photo poses are combined, the original scene is reconstructed, and 3D point cloud data are obtained. All captured point clouds can be mapped with each image by the direct linear transformation algorithm. Next, the detection machine learning algorithm is used to segment rock mass discontinuities on 2D digital images. Finally, based on the mapping relationship, the 2D digital images that were segmented are transformed into 3D point cloud data. The geometric parameters of the corresponding discontinuities can be extracted by the DBSCAN and the Skmeans algorithm and the characterization of specific rules. The proposed framework was evaluated utilizing a quantity of slope digital images in the Yebatan hydropower under construction, located in Sichuan Province, China, as a case study. The results illustrate that most deviations are less than 10° for the dip direction and dip angle, which verifies the reliability of the proposed framework and maintains acceptable measurement accuracy.

Nov 6, 2022