Search Documents

By D. A. Jacobson

Mining operations, whether new or existing, are constantly looking for ways to maximize production and improve energy efficiency, while keeping the footprint required to a minimum. The Nordberg MP1250 cone crusher was designed with these three goals in mind. A series of side-by-side evaluations comparing an MP1250 to an MP1000 were completed at two Freeport-McMoRan operations. The first evaluation began October 2009 in a tertiary position and the second began March 2010 in a secondary position, where it remains in full production today. Utilizing 25% higher power capacity than the existing MP1000 tertiary crushers, the MP1250 had 29% higher capacity and 17% lower specific energy, adjusted for differences in feed and product size. The MP1250 compared to the existing MP1000 secondary crushers achieved 30% higher capacity at a slightly reduced specific energy, while achieving a finer product. The MP1250?s higher capacity and energy efficiency may have application in many crushing plants. Depending on site specific economic factors, greenfield projects may benefit from a smaller footprint and less ancillary equipment, whereas brownfield projects may benefit from higher capacity or a finer product within the same footprint.

Jan 1, 2012

By James R. Wickens, David La Rosa, Robert E. McIvor, Adrian Dance

"The comminution circuit at Barrick Cortez Gold Mine uses an open circuit primary jaw crusher followed by a standard SABC grinding circuit. The grinding circuit incorporates a 26’Ø x 11’ SAG mill, an Omnicone 1560 pebble crusher and a 16’Ø x 28½’ ball mill. Both mills are driven by 4500 HP motors.In 2007, several comminution circuit studies were performed to assess circuit performance and map a course for improvement. This paper discusses the results of those studies including an analysis of mine-to-mill opportunities, grinding work index efficiency, and ball mill functional performance. Subsequently, improvements to the circuit were made to enhance operating efficiency. Specifically, improvements to the pebble crusher liner configuration, advanced process control system (expert system) and ball mill classification and ball charge are discussed. In addition, other current and future improvement opportunities are discussed.INTRODUCTIONThe Barrick Cortez property is expanding to include the new Cortez Hills open pit and underground mines. Ore from these new mines will be processed in the existing Pipeline mill facility. In conjunction with ore characterization work, performance of the comminution circuit needed to be quantified. Thus, in 2007, the comminution circuit was surveyed and opportunities for improvement identified.Figure 1 below shows the Pipeline mill flowsheet. It is a standard SABC grinding circuit using an open circuit primary jaw crusher followed by a 26’Ø x 11’ (7.92m Ø x 3.35m) SAG mill, in closed circuit with a Omnicone 1,560 pebble crusher, and a 16’Ø x 28½’ (4.88m Ø x 8.69m) ball mill. Both mills are driven by 4,500 HP (3,357 kW) motors. The SAG discharge screen aperture is 5/16” (8 mm) x 1-1/16” (27 mm) slots. Ball mill circuit classification is done with Krebs D20B cyclones."

Jan 1, 2009

By L. Bos

The availability and reliability of large grinding mills and their Gearless Mill Drives (GMDs) are of paramount importance for the grinding process. Although GMDs have been in service for decades, and are known for their operational efficiency (reliability and robustness with reduced operating cost per ton), compared to conventional drives, in the last decade due to certain reasons some failures led to serious unscheduled shutdowns and significant insurance events. The majority of these notable "insured" failures have happened on GMDs installed on relatively large mills, as the financial impact of a failure is proportional to the through-put of the mill. Despite the occurrences of these events, as mining operations are driven by lower ore grades and the ability to continue reducing operating costs per ton, the trend for having larger mills is still very present and there is no reason why this trend should not continue. It is obvious that if not handled correctly, the possibility of large value GMD loss events, coupled with the continuing increase in mill size or required availability and reliability targets, could potentially lead to major conflicts as it becomes difficult for the insurance companies to judge the risk and hence may result in hesitation to insure these grinding circuits. This paper will not only describe the conflicting situation from both an insurer's perspective and from an equipment supplier's perspective, but also how these conflicting challenges can be successfully mastered. It has to be noted that not only the mining companies themselves, but also their insurance companies and the involved equipment suppliers have a common interest: to reach the highest availability and reliability in order to avoid or at least minimize unscheduled shut down times, and most importantly prevent unplanned events that result in extended production stoppages or reductions in through-put of GMD driven mills. From the very beginning onwards, the complete service concept together with emergency plans must be integrated on every level in the design of the grinding circuit. This approach must be implemented continuously and without compromises by all involved parties during all following stages, such as basic design, detail design, manufacturing, quality inspection and testing, packing, transportation, storage, installation, commissioning, operation and maintenance. The concept of formal risk analysis related to mill operations, maintenance and spare parts strategies must be an integral part of mining companies? decisions related to the selection for installation and continued use of large mills powered by GMDs. The service concept in place for operating mills shall also have a clear focus on very early detection of any abnormalities, so that the risk can be mitigated and unscheduled shutdown times avoided. However, if a major failure occurs, then procedures and tools shall already be available in order to ensure that production impact is minimized.

Jan 1, 2012

By Kosuke Hosoda, Shuji Owada, Hiroyuki Tokuichi, Hirobumi Ohta, Chiharu Tokoro, Moto-o Sato, Katsushi Okumura, Hiroto Ogawa, Hideaki Umezawa

The Japanese government enforced the "Small Domestic Appliances (SDAs) Recycling Law" in 2013. The law targets metals such as Ta, Nd, Dy, Co, and W to be recycled. Considerable amounts of these minor rare metals are mounted on printed circuit boards (PCBs) of the SDAs and/or e-scrap (electric and electronic scraps). Although precious metals and copper can be recovered from the e-scrap in non-ferrous metals smelters, most of the minor rare metals report to the slag in these smelters in non-recoverable forms. These metals are often used in particular types of devices, and therefore it is possible to concentrate them by separating such devices before feeding to the smelters. In previous work we developed technology for "Device Separation" to concentrate several minor rare metals, but some problems remained, such as how to remove the PCBs from e-scrap bodies, and how to detach devices from PCBs after their removal from escrap bodies. This paper proposes a two-stage crushing process in which, firstly, PCBs are removed from the e-scrap body with various crushers, and secondly, devices are detached from the PCBs involving the application of elevated temperatures. It was found that in the first stage, crushers with physically flexible rotating media such as chains, which provide high collision probability with the sample and consume relatively low energy, can quite effectively separate the PCBs from the e-scrap bodies non-destructively. In the second stage, heating was found to be remarkably effective in helping to detach mounted devices from PCBs, also non-destructively. This paper will also discuss the detailed mechanism of the heating effect on the detachment of devices from PCBs.

Jan 1, 2014

By Rudy Tenbergen, Dick Farmery, Jim Naylor

"Paste backfill has replaced cemented rock fill as one of the components to improve ground · control and mine safety at the Macassa Operation of Kinross Gold Corporation in Kirkland Lake, Ontario. It is the first operation to utilize "" flash thickening ""of very fine gold tailings to a paste consistency in the ""Paste Production and Storage Mechanism"", a joint technical development of Inco and GL&V. The tailings paste is mixed with alluvial sand to produce an engineered quality paste backfill. The development leading up to the decision to proceed with this novel technology is discussed, as well as commissioning of the backfill operation.IntroductionThe occurrence of a major rockburst on November 23, 1993 prompted a review of mining and backfill procedures at the Macassa No 3 shaft . This shaft is some 7238 ft deep and lies in a mining belt that is prone to seismic events. The recommendations were to change the mining from underhand cut and fill to mechanized long hole stopping and to look at alternatives to the rockfill backfill system in place. The Macassa cemented rock backfill operation, while producing the desired fill stiffness had drawbacks as compared to paste fill. With paste fill, placement rates are faster, more openings can be filled, it is less expensive and less prone to the occurrences of compensable incidents.Macassa mining personnel visited the Sudbury operations of Inco in 1993, where development on paste backfill was in progress. As some of the R&D was taking place with funding from the Premier's Council Technology Fund of the Ministry of Trade and Technology of the Province of Ontario , Inco personnel at that time did some feasibility and conceptual consulting on the use of paste fill for the industry. Inco had developed the use of alluvial sand paste fill, an engineered blend of alluvial sand and tailings fines and was doing development work to eliminate the ""conventional"" way of producing paste from mill tailing by thickening and filtration. This latter development work was taking place with GL&V Ontario. That work led to the filing of a joint Inca/ GL&V patent application for the PPSM, the Paste Production and Storage Mechanism with all marketing rights being held by GL&V."

Jan 1, 1997

By M. W. Lewis, J. Werner

Fluctuating metal prices, declining head grade, and increased operational costs are forcing many open pit mining companies to look to their balance sheets for significant cost reductions in order to remain competitive. Maintenance continues to represent a significant proportion of the total operating costs in the mining industry. Compared with the other major cost components of the mining process, very little effort has gone into maintenance optimization. The potential payoff from maintenance optimization on the cash cost of the commodity is enormous. A large percentage of these costs are incurred in unscheduled maintenance events, which typically cause serious disruptions to the production process. These maintenance-induced production losses can be a significant contributor to the overall operating costs. A structured proactive maintenance approach using the latest advances in technology can achieve dramatic cost reductions and productivity improvements. Remote condition monitoring systems are becoming increasingly commonplace and have the potential to identify problems prior to failure. Detection of equipment degradation prior to failure will enable repairs to be scheduled thereby reducing costs and interruptions to production. Remote condition monitoring technology has evolved rapidly in recent years, with a host of new tools becoming available to assist mine operators in improving their maintenance operations. These tools have capabilities such as remote real-time vital signs and performance monitoring, alarm/event handling, trend analysis, and maintenance workflow management. When these monitoring tools are used in conjunction with a mine management system, the vital signs data can be integrated and associated with maintenance history, predictive maintenance data, operational information, and geographical information. This integrated approach to the management of vital maintenance data will help shift the mobile equipment maintenance paradigm from reactive to proactive. This paper will introduce a proactive approach to the management of the maintenance process and the tools required to facilitate this process.

Jan 1, 2005

By V. J. Sopuck, O. P. Lavin, Ian Nichol

"A major challenge of contemporary exploration geochemistry is the development of procedures that can locate blind mineralization or mineralization that sub-crops below a cover of transported overburden, the composition of which bears no relation to the underlying mineralization. Over the past few years, the possible existence of diagnostic geochemical features in the country rock associated with volcanogenic massive sulphide deposits has attracted increasing attention both on the local mine scale and on the regional scale. In the present investigation, the nature of the geochemistry of a number of Archean greenstone belts of the Canadian Shield is examined to determine the feasibility of distinguishing productive from non-productive areas of copper-zinc mineralization. The results indicate that productive areas are distinguishable from non-productive areas providing consideration is given to the effects of igneous differentiation on rock compositionIntroductionArchean massive sulphide deposits are an important source of copper and zinc, and to a lesser extent silver and gold, particularly in Canada. As in the case of most other forms of mineralization, there is a continual need to develop new techniques that will improve the chances of success in the search for these deposits. The majority of Archean areas in the northern latitudes are overlain by a variable cover of glacial overburden. Considerable progress has been made in the development of new geochemical exploration techniques for use in glaciated terrain, based on the detection of anomalous dispersion in the glacial overburden. In certain situations, however, as in the search for blind deposits or in areas covered by glaciolacustrine deposits, overburden geochemistry offers little hope for success. In the case of massive sulphide deposits, one possible solution may lie in the detection of anomalous geochemical signatures in the bedrock. Recognizing this possibility, attention has been directed to the investigation of the nature of lithogeochemical dispersion associated with massive sulphide deposits on both regional and local scales, to establish the potential of lithogeochemistry as an aid in the search for these deposits."

Jan 1, 1980

By S. J. Haynes

"This paper documents the characteristics of the different quartz veins, and their relation to gold, in the turbiditic Meguma domain of eastern Nova Scotia. Eleven different types have been distinguished in the greenschist facies on the basis of form, internal structure, mineralogy, wallrock alteration and crosscutting relationships to each other and to regional structures. Gold is present as rare visible disseminations in host rock slates and in ore-grade, early-formed veins, that pre-date the formation of upright Acadian folds and intrusions of Devonian granitoids. Four vein types pre-date Acadian folding. Five gold-deficient vein types are associated with Acadian folding (syndeformation); whereas two gold-deficient vein types clearly post-date this deformational event: Previously unreported, wall rock alteration is associated with early crosscutting and semiconcordant auriferous veins. In contrast, early stratiform veins are devoid of wallrock alteration. It is suggested that the auriferous vein arrays formed as submarine exhalitive systems over synsedimentary tensional faults and that the Meguma domain may represent the opening of a basin similar to the modernGuaymas rift .IntroductionThe term ""turbidite-hosted gold deposits"" is introduced to distinguish gold deposits contained within a turbiditic sequence of wackes and shales (or their metamorphosed equivalents) from gold deposits in other types of sediments. Usage and justification for the term is similar to ""carbonate-hosted lead-zinc deposits"" or ""volcanogenic massive sulphides"". A range of different characteristics can be present in individual deposits, some of which may be indicative of specific deposit types in the same manner that volcanogenic massive sulphides can be subdivided into ""Cyprus type"", ""Kuroko type"", ""Besshi type"", etc. Historically, gold deposits hosted by turbiditic flysch were an important class of quartz-vein gold mines in the 19th century. They included the goldfields of Victoria, Australia, Otago, New Zealand and Nova Scotia, Canada. Production from most of these fields had ceased by World War II and interest in this type of deposit waned. However, the recent exploration interest in gold has resulted in both re-assessment of the classical mining camps and the discovery that ""turbidite-hosted"" gold deposits are present in many parts of the world.Mapping of the regional geology and gold deposits of the Megumadomain of Nova Scotia was carried out by E.R. Faribault of the Geological Survey of Canada between 1886 and 1939. Faribault produced a comprehensive series of maps and reports for each gold district, a compendium of which was published by Malcolm (1929)."

Jan 1, 1987

By K. V. Phani Prabhakar, G. Padmanabham1, L. Subashini

Laser-arc Hybrid Welding (LAHW) is a relatively recent concept which effectively combines the advantages of laser welding such as the high depth of penetration, low heat input, high welding speed and the positive aspects of arc welding such as better edge bridging and possibility to add filler. For example, steel sections upto 12 mm thickness have been successfully welded in a single pass at a welding speed of 1 m/minute using a 3.5 kW CO2 laser in combination with a MIG arc. Maraging steel of grade M250 is widely used in the aerospace industry in thicknesses upto 10 mm. Conventionally, it is possible to MIG weld such thicknesses in 3-5 passes employing V-Groove joint preparation. However, this multi-pass welding results in formation of reverted austenite in the weld zone after post weld aging; and the high heat input widens the reverted austenite containing heat affected zone which is popularly known as the dark zone/eyebrow zone. Both these zones are detrimental to strength of the welded joint, specifically the fracture toughness. The width of the dark band is an important factor because, thinner the band, it is supported more effectively by the surrounding material. Therefore, in order to avoid multi-pass welding and reduce the overall heat input, single-pass laser-MIG hybrid welding was attempted on 10 mm thick maraging steel M 250 plates using a hybrid laser arc welding system comprising a 3.5 kW CO2 slab laser and a MIG welding system. Simultaneously, multi-pass MIG welds also are produced. Both the laser-MIG hybrid and MIG welds are characterized microstructurally and subjected to mechanical tests such as tensile and fracture toughness in as-welded and post weld aged condition. The amount and distribution of reverted austenite in the fusion zone and width of the dark band was found to be different. Hybrid welds showed a narrow dark band zone and improved mechanical properties. Laser-hybrid and MIG welding investigations carried out on thick section maraging steel M 250 will be presented in detail, including microstructure, tensile properties and fracture toughness of the welds. To the best of the knowledge of the authors there are no reports on laser-MIG hybrid welding of maraging steels.

Jan 1, 2014

By Vincent Roy

Numerous on going activities at the Daniel-Johnson Dam : ? Surveillance / monitoring ; ? Structural investigations & evaluation ; ? Injection work ; ? Crack mapping ; ? Instrumentation management (drawings & inventory) ; ? Drainage system state ; ? Foundation evaluation

Aug 1, 2013

By J. A. Meech, R. J. Tucker

"Since the establishment of froth flotation as an effective method of mineral beneficiation there has been both academic and industrial interest in the levels of the various reagents required to perform the desired separations. Academic interest was spurred by a desire to understand the mechanisms involved - industrial interest by a need to improve the efficiency of the process. These efficiency improvements can take two forms: cost reductions due to reduced reagent consumption and/or improved separation efficiencies. The latter are indicated by either improved grade-recovery relationships for removal of a valuable mineral from gangue, or improved separation of two similar valuable minerals.The processing of lower grade ore bodies at higher tonnage rates has necessitated increased interest in both reagent consumption and metal recovery. Furthermore, the development of accurate and functional on-stream analysis equipment in the 1960's and 1970's has allowed for a better understanding of the dynamic processes involved in a flotation circuit and has required a more concrete statement of the relationships and reactions between the minerals and chemicals in the flotation pulp. Development of these relationships is necessary in order to make use of on-stream analysis to control the process at, or near its more efficient level."

Jan 1, 1984

By Adam Moore, Peter Radziszewski, Matt Gallimore

"Stirred mill technology dates back to 1928 where the idea to use “an agitator and spherical grinding media” was presented. In the context of the mining industry, interest in stirred milling technologies has grown over the last 20 years where the typical observation reported inDespite these developments, the tumbling mills are continuing to be used in fine and ultrafine grinding applications. The main reason for this, as communicated at the Canadian Mineral Processors roundtable discussion in 2013, is that the comfort level in understanding stirred milling technologies is not at the level of that of tumbling mills.At CMP 2014, one contribution was made to explore how mill design affects power and energy in a stirred mill. While the 2015 CMP paper explored the application of one scale-up methodology to the Gibraltar case. For the CMP 2016, the aim of this paper is to contribute to increasing the general comfort level with stirred milling technologies by developing a better understanding of the different scale-up methodologies used. This will be accomplished by first completing an overview of the scale-up models found in the literature followed by a review of the different testing and scale-up procedures. This review will be supported by a number of case studies found in the literature. The paper will close with a discussion on some of the challenges that these models and methodologies have and how future research might contribute to overcoming them.IntroductionStirred mill technology dates back to 1928 where the idea to use “an agitator and spherical grinding media” was presented (Stehr, 1988). The year 1948 saw the successful application of Du Pont’s “sand mill” for pigment grinding. Subsequent years have led to the development of different types of stirred mills spanning a number of industries that require fine and ultrafine grinding."

Jan 1, 2016

By H. Cay, J. Zachwieja, T. Esplin, R. Ravenelle, T. Olsen-Tank

Barrick Goldstrike mine utilizes a carbon-in-leach (CIL) circuit to simultaneously leach gold into solution with cyanide and adsorb the gold-cyanide complex onto activated carbon for further refinement. If the gold bearing ore contains a significant amount of native carbonaceous material, gold cyanide can be adsorbed at these sites instead of onto the desired activated carbon and the gold is effectively lost to tailings in a detrimental process known as "preg-robbing." The preg-rob effect is considerably reduced by treating the ore with a surfactant, which is hypothesized to adsorb to and passivate the native carbon surfaces. Past laboratory and pilot studies have consistently demonstrated significant gains in gold recovery after treating carbonaceous ore with surfactant. With success in bench and pilot scale testing, a plant trial was conducted at Barrick Goldstrike to evaluate the feasibility of using an alkoxylated fatty amine surfactant (Ethomeen T/12) to aid in the leaching of high preg-robbing ores. This paper analyzes the performance of the surfactant during the plant trial in addition to the problems that occurred during the trial period. Suggestions for improvement are also discussed.

Jan 1, 2014

By D. Kachongo, Y. Cheng, A. Kashala, D. Samal, G. Mitshabu

Many copper processing flowsheets in the Democratic Republic of Congo include the leaching of oxide ores containing copper and cobalt, copper solvent extraction, copper electrowinning, and precipitation of cobalt salt. Recently, cobalt price gained momentum, driven mostly by the fast-growing electric vehicles battery market. The ore blending scenarios tend to prioritise high cobalt grade ore, whatever the content of copper and other impurities. Therefore, many copper solvent extraction circuits are running below design capacity. The variability of feed induces a variability of the leach solution with respect to copper, manganese, and silica contents. It is thus important to adjust hydrodynamic and metallurgical parameters of the solvent extraction plant to optimise metallurgical performance, production cost, and the quality of the copper electrolyte. This paper presents some results on how solvent extraction plant parameters have been managed in two solvent extraction plants running with lower than designed copper input. INTRODUCTION Referring to a report of the chamber of commerce of the Democratic Republic of Congo (DRC) the online publication Agence Ecofin (2019) indicated that the DRC ranks in the fifth position of the world top copper producing countries with over 1.2 million tons produced in 2018. The same year, 66% of the world’s cobalt was produced in the DRC at over 106,000 tons. If the political situation remained stable and the new tax regime introduced in 2018 did not deter private investors, copper production could reach 1.4 million tons/a in 2020 as pointed out in Mining.com (2019). Forecast figures for DRC cobalt production vary widely depending on analysts. The DRC online magazine Actualité.cd (2018) referring to a ministerial source forecasts over 141,000 t cobalt/a for 2020. The reality will depend on many factors, including the selling price, the supply compared to the demand, and finally the reaction of investors to the new DRC tax regime. The growing electric vehicle batteries market has been the major key driver of the price of cobalt. The five years historical cobalt price graph in figure 1 from infomine.com (2019) shows that the price of cobalt peaked at over 40 USD/lb in the first quarter of 2018. Cited by the online Magazine Creamer Media, Smith (2019) has indicated that the long-term demand of cobalt will likely remain strong.

Jan 1, 2019

By Martin Plante, Denis Hamel, Marie-Pier Bédard, Jeff McLaughlin

"The results and methodology for the optimisation of the zinc flotation circuit at the Matagami Mill using the 6-Sigma methodology are shown in detail while only the base line and final results are presented for the copper circuit. As a result of the six sigma project, the zinc concentrate grade was improved by 2% and the zinc recovery by 3%, with reduced dosage of reagents while the copper concentrate was improved by 2.4%. The process variation in the zinc concentrate grade and recovery was also reduced by over 50%. The main factors contributing to the project success were identified to be improvement in the plant measurement systems, an internal benchmarking exercise and statistically designed laboratory and in plant tests to guide the process improvement. The annual value to Noranda resulting from this project has been estimated at approximately $5 million.INTRODUCTIONThe Matagami concentrator started ore processing from the new Bell- Allard deposit in July 1999. Concentrator performance (grade and recovery of zinc and copper concentrates) was highly variable and work was ongoing to fix the sources of variation. In the mean time, Noranda embarked on its 6-Sigma initiative across the company. The 6-Sigma DMAIC (Define, Measure, Analyse, Improve, Control) methodology was used in the two flotation circuits to reduce variation and improve performance. The statistical 6-Sigma methodology moves towards identifying and controlling critical process operating variables (the X' s) to achieve customerspecified performance (the Y's). The goal of the methodology is to describe a process in a numerical equation known as the transfer function, given as Y = f (XI, X2, X3.. .), where Y could be concentrate grade or recovery and examples of X's are reagent dosage, particle size, etc. With the transfer function, optimal operating conditions and control tolerances are established for the key X's to ensure the desired Y performance is obtained.Each phase of the 6-Sigma methodology is explained below with examples from the Matagami project."

Jan 1, 2001

By F. Hassani, K. Moozar, J. Ouellet, P. Gauthier

"This paper describes a sudden spill of waste rock used for backfilling from a waste pass at an underground mine in Canada, thus causing a major failure/accident. The mine operator immediately launched a detailed investigation to understand the causes of this accident and develop procedures to prevent any recurrence of such events in the future. The authors from McGill University were invited to collaborate with the engineers at the mine to examine this accident. The events leading to the accident were studied, appropriate measurements were taken and samples of the waste material were collected for further testing and analysis.The field visit and the interview of the witnesses allowed the detailed documentation of the events. The sequence of events related to the incident, along with the experimental results obtained in the course of the investigation, are presented. The waste material was characterized in the laboratory with regard to its behaviour in the presence of water. This information is discussed and the failure mechanism involved in the accident is identified. Finally, the full recommendations as well as the immediate operational measures implemented by the mine to prevent the future occurrence of such events are presented and discussed."

Jan 1, 2004

By Eric Low

Raising capital by issuing debt or equity is necessary in almost every corporation. In the field of corporate finance, the raising of capital is a heavily-studied topic. However, some of what is studied on this topic in corporate finance is not applicable in the mining industry. There are also many financing options that were created for the mining industry such as flow-through shares, prepaid forwards, and royalty sales. The cyclical nature of the industry makes the risk-return profile of financings more difficult to estimate than in other industries. Additionally, the methods used to assess firm value are different than other industries, as the values of orebodies are not included on balance sheets. For precious metals companies, which are a hedge against most other securities, there are additional complications with determining investor expectations and cost of equity. This thesis puts forth a decision-making framework to explain mine financing choices from the perspective of mining companies. The approach is threefold. First, all of the major equity and debt financing instruments available to mining companies are presented and analyzed. Each financing method is assessed on a wide range of criteria. Next, these concepts are applied in case studies of four companies: BHP Billiton, Barrick Gold, Teck Resources, and Noront Resources. For each company, the overall choice of financing methods is shown and analyzed. The effect of financing choices on the weighted average cost of capital (WACC) is calculated. The final section deals with case studies of individual mine finance decisions during the past two years.

May 1, 2011

By Sydney C. Mifflen

COAL MINING, with its some 15,000 employees, is directly responsible for the livelihood of one-fifth of the population of the Province of Nova Scotia and indirectly so for that of possibly another fifth. Deposits of coal are known and worked in four counties of the Province, from which is being produced yearly tonnages as noted below: Cumberland County 750,000 tons Piccou County 400,000 tons Inverness County 100,000 tons Cape Breton County 5,250,000 tons TOTAL FOR NOVA SCOTIA 6,500,000 tons Production in Cape Breton county is entirely from the one source, the Sydney coalfield, and not only is this field the most important in respect to output, as is disclosed above, but it is also the largest presently known deposit in the Province and holds the greatest tonnage yet in reserve for future mining. In the light of the above more or less generally known facts, it is trite to remark on the importance of the Sydney coalfield in the internal economy of the Province. On the other hand, not nearly as well-known nor as frankly recognized is its significance in the national life of Canada, for from this field is produced not only 80 per cent of the Nova Scotia coal but over 40 per cent of all coal mined in the Dominion. Another noteworthy comparison can be made from the fact that the Sydney field contributes 22 per cent of all the bituminous coal consumed in Canada, the remainder being made up of 7 per cent mined elsewhere in Nova Scotia, 27 per cent from other parts of Canada (British Columbia and Alberta, principally), while the remaining 44 per cent is imported, practically wholly, from the United States of America.

Jan 1, 1941

By H. Harzer

Statistics Canada record s indicate that in recent years 70 to 80% of the entire Canadian coal production originated from Western Canadian mines, in which about 55 to 65% of the coals are bituminous. Until recently, less than 20% of the latter were extracted by underground methods , the remainder being surface-mined. However, it is estimated that within the foreseeable future up to 80 or 90% will have to be gained by underground techniques. Although Western Canadian coal resources are considerable, they are unfortunately locked in severely distorted, steeply pitching and faulted seams of variable thickness. Consequently, their economic extraction poses serious engineering problems. One possible solution to the problems is to apply hydromechanical methods to underground mining. This is a well-proven method shown to be economically viable under Western Canadian conditions. This paper endeavours to widen the scope of published data on hydraulic coal mining and is based on practical engineering and cost data gathered through contacts with West German designers and operators of hydraulic mines.

Jan 1, 1978

By D. Settles, R. Rose, P. L. Dunn

"A new mineral sands operation is being developed in Georgia by Southern Ionics, Inc. (SII). Prevailing mineralogy and certain design constraints required detailed testing and circuit analysis to create a robust separation processes. The floating wet concentrator plant (WCP) and mineral separation plant (MSP) flow sheets were designed based on historical testing information and recent SII test campaigns on various composite feed samples. The flow sheets were finalized through rigorous process and orebody sequence modeling.The process uses traditional physical separation equipment; however a new MT spiral, the MG12, was selected for use on board the WCP for roughing duty. The MG12 spiral is a two-stage, twelve-turn spiral that has been proven to achieve very high recoveries of heavy minerals. The floating plant includes feed desliming operations, a central MT surge bin for optimum spiral circuit feed control and ancillary operations for concentrate and tailings handling. Scrubbed heavy mineral concentrate (HMC) is then transported to the MSP for concentration of the titanium and zirconium bearing mineral fractions.The testing, flowsheet development, and plant design will be described and explained, and a brief summary of the current project status will be given.IntroductionSouthern Ionics Inc. (SII) is a privately held chemical manufacturing company, founded in 1980 by Milton Sundbeck. SII focuses primarily on the sale of specialty and intermediate inorganic chemicals. Core markets include cement and refinery catalysts, molecular sieves, zeolites, pulp and paper, pharmaceuticals, TiO2 and water treatment. SII is built on the four cornerstones of service, quality, technology and delivery with all SII facilities ISO certified and key products used in potable water treatment certified to NSF standards. SII owns and operates its own transportation fleet and is focused on being a low cost producer, committed to safety and the environment."

Jan 1, 2015