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By T. Aoki, Y. Maeno, R. Kawano, F. Nakahara, Y. Obara, K. Shibata

The mechanical behaviors of fully-grouted long-embedded cablebolts actually used in situ are very non-linear in pull tests and are different from those of short-embedded cablebolts. We have conducted the pull tests of long-embedded cablebolts installed in mockup rock test blocks, which are 4m in the longitudinal length. In order to investigate the mechanical behaviors inside the test block, the axial load distribution along the cablebolt and locations of acoustic emission events were measured during each pull test. It was found that the axial force distributions were quite linear and that the gradients were interpreted as the grout bond strength by taking into consideration the stress balance at the infinitesimal segment of a cablebolt. Les boulons-câbles longs entièrement cimentés qui sont réellement utilisés sur place présentent, au cours des essais de traction, des comportements mécaniques considérablement non linéaires et différents de ceux des boulons-câbles courts. Nous avons mené des essais de traction des boulons-câbles longs installés dans une maquette de fond rocheux servant d’éprouvette d’une longueur longitudinale de 4 m. Afin d’étudier les comportements mécaniques intérieurs de l’éprouvette, la répartition de la force axiale du boulon-câble et l’émission acoustique ont été mesurées durant chaque essai de traction. Il s’est avéré que les répartitions de la force axiale sont sensiblement linéaires et que leurs gradients représentent la résistance d’adhésion en prenant en compte l’équilibre de contraintes à la partie infinitésimale d’un boulon-câble. Das mechanische Verhalten von ganz eingegossenen, lang eingebetteten Kabelbolzen, die vor Ort eingesetzt werden, ist bei Zugprüfungen sehr nichtlinear und anders als das von kurz eingebetteten Kabelbolzen. Es wurden Zugprüfungen mit lang eingebetteten Kabelbolzen durchgeführt, die in Prüfblöcken (Gesteinsattrappen) mit 4 m Länge eingelassen waren. Zur Untersuchung des mechanischen Verhaltens in den Prüfblöcken wurden die Axiallastverteilung entlang des Kabelbolzens sowie das Auftreten von Schallemission im Verlauf jeder Zugprüfung gemessen. Es ergab sich, dass die axiale Kraftverteilung recht linear ist, und die Gradienten wurden unter Berücksichtigung des Kräftegleichgewichts am infinitesimal kleinen Punkt eines Kabelbolzens als Haftfestigkeit interpretiert.

Jan 1, 2003

By Z. Hou

ABSTRACT: Short-term strength, damage and healing boundaries for rock salt are experimentally determined and integrated into the Hou/Lux-MDS damage-healing model. This model can be used to describe the mechanical behaviour of rock salt during a damaging process (under high stress to strength ratios) as well as during a healing process (under very low stress to strength ratios with high confining pressure). The development of the damage and the stress to strength ratio in the excavation damaged zone (EDZ) of a storage cavern under a minimum internal pressure as well as the development of the healing of damage and the stress to strength ratio under a subsequent maximum internal pressure are investigated project-related. The results of the investigation make it possible to shift the permissible minimum pressure boundary down, allowing the optimisation of decisive economic characteristics of storage caverns. RÉSUMÉ: Le comportement court terme, l’endommagement et les conditions de colmatage pour le sel gemme ont été étudiés expérimentalement et intégrés dans le model endommagement-colmatage Hou/Lux-MDS. Ce modèle permet de décrire le comportement mécanique de sel gemme pendant le processus d’endommagement (sous fort rapport contrainte-résistance) et le comportement du processus de colmatage sous très faible rapport contrainte-résistance avec forte pression de confinement. Le développement d’endommagement et le rapport de contrainte-résistance dans une zone d’endommagée (EDZ) d’une cavité de stockage avec un maximum de pression de soutènement ont été étudiés. Les résultats de cette étude permettent de conclure qu’il est possible de baisser la pression de soutènement, et par conséquent d’optimiser les caractéristiques économiques décisives des cavité de stockage. ZUSAMENFASSUNG: Für Steinsalz werden Festigkeits-, Schädigungs- und Verheilungsgrenze experimentell ermittelt und in das Schädigungs-Verheilungs-Modell Hou/Lux-MDS integriert. Damit kann das mechanische Verhalten von Steinsalz sowohl bei einem Schädigungsprozess (mit hohen Ausnutzungsgraden) wie auch bei einem Verheilungsprozess (mit niedrigen Ausnutzungsgraden) beschrieben werden. Projektbezogen werden die Schädigungs- und Ausnutzungsgradentwicklung in der Auflockerungszone einer Speicherkaverne unter einem minimalen Innendruck sowie die Verheilungs- und Ausnutzungsgradentwicklung unter einem anschließenden maximalen Innendruck untersucht. Die Untersuchungsergebnisse erlauben, die zulässige Minimaldruckgrenze nach unten zu verschieben, so dass entscheidende wirtschaftliche Kenngrößen von Speicherkavernen optimiert werden können.

Jan 1, 2003

By A. D. Pienaar

The aqueous chemistry of niobium and tantalum compounds with hydrofluoric acid is a mature field of investigation. In contrast, very little attention has been paid to reactions of these compounds in non-aqueous environments. Similarly, reactions of elemental fluorine with niobium and tantalum compounds have received little more than cursory attention in literature. This work discusses the isothermal reaction kinetics derived from thermogravimetry, using a less redundant approach than is currently the standard. We also discuss the most likely kinetic models for this reaction.

Jan 1, 2012

By D. Whittles, C. J. Lea, T. X. Ren, A. Kelsey

A methodology for the simulation of methane drainage combining geotechnical modelling and computational fluid dynamics (CFD) will be described. Geotechnical modelling was used to predict the development of stress and strain due to mining. The results from the geotechnical modelling were combined with empirical expressions for the variation in permeability with stress of coal measure rocks and assumptions on fracture behaviour. This allowed the permeability, as affected by mining, to be specified in CFD simulations. Flow of methane through strata, with and without methane drainage, was then simulated to examine the effects of methane drainage.

Jan 1, 2003

By M. Steyn

[Zr(C9H6NO)4]?(HCON(CH3)2)?(H2O), where (C9H6NO) = 8-hydroxy quinoline (oxH), was synthesized and characterized. This tetrakis-coordinated zirconium complex crystallized in the triclinic crystal system (Pi, Z=2) along with water and N,N?-dimethylformamide(DMF) solvate in the asymmetric unit. The metal atom is surrounded by four N,O-donating bidentate ox-ligands that are arranged around the metal centre to give a square antiprismatic coordination polyhedron with a small distortion towards a dodecahedral geometry. Crystal packing is stabilized by intermolecular interactions of adjacent oxine ring systems in neighbouring molecules, as well as hydrogen bonding of the aqua and DMF solvate molecules, linking the molecular entities into a supramolecular three-dimensional network.

Jan 1, 2013

By R. Tabanrad

This article examines the stability analysis of intake tunnels of Karun III dam & power plant. The tunnels have been excavated with a 3-dimensional and fairly complicated geometry in Pabdeh weak formation rocks at Zagros region. Due to the particular excavation geometry and inapplicability of plane-strain status, the stability of these excavations has been analyzed using both the 3D elastic software Examine 3D and the 2D non-elastic software UDEC simultaneously. The geomechanical parameters have been estimated by back analyzing the measured displacements from instruments, which were installed in the tunnels, and the parameters have been used in non-elastic numerical model. The results of the analysis show that the strains occurred in surrounding rock mass are less than the allowable failure strain and that the tunnels are stable. In addition, considering the results of non-elastic 2D analysis, the areas with unstable potentiality were identified and after the instability occurred at the areas predicted by the model , it was stopped up to the allowable strain limit through installing additional support . Bei diesem Artikel handelt es sich um eine Analyse der Festigkeit der Eingangstunnel des Damms und Elektrizitätswerks “Karoon III”.Die Tunnel haben drei Dimensionen und eine sehr schwierige Form und sind in brüchigen Felsen in “Pabedeh ,in Zagrossgebirge”eingebohrt.Aufgrund besonderer Form der Bohrung wurde ihre Festigkeit durch elastische dreidimensionale Soft-ware analysiert,die gleichzeitig die drei-und zweidimensionale unelastische Soft-ware UDEC benutzt hat.Die geometrische Parameter sind mit Ausnützung der Analyse berechneter eingesetzter Versorgungen,die in Tunnel aufgebaut sind,bewertet.Und diese Parameter sind in Zahlen-Analyse benutzt.Die Ergebnisse dieser Analyse zeigen,dass die Drücke an Felsen weniger als problematischer Grad der Drücke sind und die Tunnel fest sind.Ausserdem wurde mit einem Einblick auf die Ergebnisse der unelastischen zweidimensionale Analyse die eventuellen unfesten Teile bestimmt.Nach entstandener Unfestigkeit an diesen Teilen wurde die problematischeDrücke für Aufbau mehrere Anlagen gestoppt. Cet article examine l'analyse de la stabilité de tunnels de la prise de Karoun barrage III et centrale électrique. Les tunnels ont été excavés avec une 3 dimensionnel et compliqué géométrie dans Pabedeh que la formation faible balance à région Zagros équitablement. Dû à la géométrie de l'excavation particulière et inapplicabilite de statut de tension plane, la stabilité de ces excavations a été analysée en utilisant les deux le 3D logiciel élastique Examen 3D et le 2D logiciel non - élastique UDEC simultanément. Les paramètres du geomechanical ont été estimés en analysant le déplacement mesuré d'instruments qui ont été installés dans les tunnels et les paramètres en arrière a été utilisé dans les modèles numériques non - élastique. Les résultats de l'analyse montrent que les tensions se sont produites dans masse du roc environnante est plus petit que la tension de l'échec admissible et que les tunnels sont stables. De plus, les régions avec potentialité instable ont été identifiées étant donné les résultats de 2D analyse non - élastique, et après que l'instabilité se soit produite aux régions prédites par le modèle, il a été arrêté jusqu'à la limite de la tension admissible à travers installer du support supplémentaire.

Jan 1, 2003

By F. J. Plaul

The dominating technologies for steelmaking are the basic oxygen furnace (BOF or LD process, Linz-Donawitz) and the electric-arc furnace (EAF). The main iron input materials for both are liquid iron as hot metal, or solid iron as pig iron, DRI (direct reduced iron), HBI (hot briquetted iron) and scrap. Hot metal, pig iron (i.e., solidified hot metal) and DRI/HBI are virgin iron materials, which have to be produced from iron ore by so-called ironmaking technologies. The family of ironmaking technologies includes three process routes: blast furnace, smelting reduction and direct reduction. Driven by steadily increasing costs of raw materials in the last two decades, the sector has seen a number of new developments in ironmaking technologies, developments based on fluidized-bed technology. The main advantage of a fluidized-bed technology is that fine iron ore can be directly charged to the process without prior treatment; it does away with agglomeration and its concomitant cost, a step practised in blast-furnace, COREX® and MIDREX® processes. With Posco of South Korea, Siemens VAI Metals Technologies has successfully developed the FINEX® process, a smelting reduction based on the direct use of iron ore fines to produce hot metal. The key technology is the four-stage, bubbling fluidized-bed-reactor system, in which fine iron ore is reduced to DRI fines in a countercurrent flow with a reducing gas generated by coal gasification. Beside surveying the current state of the art, this paper discusses the technological principles of smelting-reduction and direct-reduction processes. The status of FINEX® and the outlook for further developments are described. Crucial to the successful development of the new ironmaking technologies for the direct use of fine ore was the scaling up of the fluidized-bed reactor system, which demonstrated new design features.

Jan 1, 2009

By R. G. Cawthorn

The vertical distribution of platinum-group elements (PGE) in the Merensky and UG2 chromitite Reefs is highly variable, but does follow certain general patterns that allow the testing of geological models. In the Merensky reef, historically popular geological representations and interpretations have suggested that the mineralization occurs in a pegmatitic pyroxenite bounded by two chromitite layers. However, there are now enough published exceptions to this relationship to expose its fallacy. The vertical distribution of the PGE depends largely upon the separation between these two chromitite layers or the absence of one chromitite layer. Where separation is small or only one chromitite layer is present, there is considerable PGE mineralization in the footwall below the pyroxenite and lower chromitite layer. With increasing separation between the two chromitites, the mineral¬ization occurs progressively higher in the succession, and tends to track the upper chromitite layer. The view presented here is that the entire Merensky package is comprised of three events of magma emplacement, in which each has produced variable reaction with, and erosion of, the footwall, causing recrystallization of pyroxenite into pegmatitic pyroxenite. The magma then produced a chromitite layer followed by pyroxenite. Each chromitite layer is associated with some mineralization, which was extensively complemented by the subsequent formation of a sulphide liquid carrying PGE that trickled down through about 1 m of permeable crystal pile. The sulphide liquid formed after, not coincident with, the pyroxenite layers. The distribution of PGE in the UG2 chromitite shows up to three upward depletion sequences of PGE, also suggesting three events. The PGE are associated only with the chromite. The contribution from a sulphide liquid is considered to have been minimal for two reasons. Cu and Ni are extremely low in the UG2 which would not be expected if sulphides had been present. Also, by analogy with the Merensky, downward trickling of sulphides would have caused some PGE to be present in the footwall. There are some PGE in the footwall, but only where remnants of chromitite occur, and the hanging wall is lacking in PGE. In the northeastern Bushveld the UG2 chromitite is thinner than elsewhere, and there is a UG3 chromitite layer, not present elsewhere, that has a high Pt/Pd ratio. It is surmized that in the rest of the Bushveld the UG3 only appears to be absent because it has merged with the UG2 to produce the high Pt concentration at the top of the composite UG2. The non-accumulation of the package of pyroxenite-norite-anorthosite between the UG2 and UG3 in the northeastern Bushveld, which is not seen elsewhere, creates an interesting challenge to the formation of silicate layering in the complex. The mineralization in the Platreef is not addressed here. Keywords Bushveld complex, Merensky Reef, UG2 chromitite, geological evolution.

Jan 1, 2011

By F. Lombard

We consider the Grubbs estimation of the precision of an online gauge. Typically, this type of estimation involves independent results from two or more reference instruments (sampling and laboratory analysis operations). The properties of the estimator are then independent of the product variability. However, the use of more than one reference instrument entails significant additional costs. The two-instrument Grubbs estimator, which is based on results from a gauge and a single reference instrument, has the disadvantage that its standard error is heavily dependent on the degree of product variability. We propose a new estimator that has a variance that is more or less independent of product variability. In fact, the variance is typically less than that of the Grubbs estimator based on the use of two reference instruments. In order to function successfully, our methodology requires some prior knowledge of the extent of product variability and of gauge precision. In practice, such prior knowledge is often available and it is a weakness of the traditional two - and three-instrument Grubbs methods that no use is made of such knowledge. The efficacy and robustness of the new method is illustrated by Monte Carlo simulation.

Jan 1, 2012

By V. C. Kelessidis

The interaction between rock and drill bit during drilling has been modeled for many years, but a complete understanding of the phenomena occurring has yet to materialize. Successful models will allow the prediction of rate of penetration in a given environment and optimal selection of drill bit and drilling parameters, thus minimizing exploration costs. In most rock-drilling models the value of the unconfined compressive strength of the rock (UCS) is used in the predictive equations, within the concept of specific energy, and the value of UCS is the percentage of the value of the stress applied on the drilling bit in order for the bit to advance. While the exact percentage depends on the model used and it is not known with certainty, good knowledge of UCS is nevertheless required before any decent prediction can be made on rate of penetration. Determination of UCS, normally done via destructive testing, requires not only the availability of sound rock core samples but also expensive testing and significant time for the test, which frequently are not available for routine drillability predictions. Hence, a multitude of methods and techniques has been proposed for estimating UCS from various indirect and/or non-destructive measurements, or combination of measurements with neural networks, such as point load index, block punch index, unit weight, and apparent porosity, water absorption by weight, sonic velocity, and Schmidt hardness. The many proposed approaches are critically reviewed and the results are compared, and what becomes apparent is that after many years, not only in mining but also in oil-well drilling, accurate indirect determination of UCS is still an elusive goal. An equation to predict UCS from sonic velocity data is suggested based on several data sets reported in the literature. Use of the specific energy equation with UCS or sonic data and utilization of drilling data allows an estimation of the efficiency of energy transfer from the bit to the rock and of the friction coefficient. Analysis of data reported in the literature, both from laboratory and field studies, has shown that this approach is sound and enables the determination of energy transfer efficiencies and friction coefficients, which for the cases studied range between 15 and 30% and 0.15 and 0.30 respectively. Thus, the suggested data analysis approach allows drillers to focus on inefficiencies and optimize drilling practices in future campaigns. Keywords Rock drillability, unconfined compressive strength, prediction.

Jan 1, 2011

By M. Gous

Keywords: Pyrometallurgy, Namakwa Sands, ilmenite, DC arc furnace, titania slag, pig iron Namakwa Sands is a heavy minerals mining and beneficiation business in the Anglo Base Metals Division, and operates along the West Coast of South Africa. The business encompasses mining, mineral concentration, separation, and smelting operations. The smelting process comprises the carbonaceous reduction of ilmenite to produce titania slag with a TiO2 content of 86%, and iron with a carbon content of 2.5%. The Namakwa Sands smelter, situated near the Saldanha Bay harbour, commenced smelting operations in 1994, when a 25 MW DC arc furnace was commissioned. The smelting operations were expanded in 1999, with the commissioning of a second 35 MW DC arc furnace. Despite the fact that ilmenite smelting poses a technical challenge in terms of the high temperatures required, the physical characteristics of the slag, the constraints placed on the feedstock, and the tight product specifications, Namakwa Sands has continually increased slag production since 1995. High furnace feed-on utilisation and furnace stability, complemented by continuous improvement drives, will be the vehicle to drive performance in the short term, with longer-term performance enhancements due to strategic process development.

Jan 1, 2006

By D. P. Roberts

This investigation aimed to simulate the experiments performed by Nic Gay (Gay, N.C. 1976. Fracture growth around openings in large blocks of rock subjected to uniaxial and biaxial compression. International Journal of Rock Mechanics and Minining Sciences and Geomechical Abstracts, vol. 13. pp. 231-243) on fracture growth around openings in blocks of rock subjected to uniaxial and biaxial compression, using the Elfen discrete element code. The results of the physical experiments indicated a number of trends that were successfully replicated in the numerical simulations, including crushing ahead of the face, the formation of a sub-vertical tensile fracture at centre-span, the formation of groups of fractures originating from the crushed face zone, the formation of large corner-to-corner fractures which precede sample failure, and linking of slot corner and sample corner fractures leading to sample failure. In addition, other features were apparent that were not reported by Gay. It is believed that these took the form of conjugate shear fractures (as reported by Gay in a previous paper) and other features that may have been altered or inhibited by the presence of pre-existing structure in the physical samples. It was found that the samples, though nominally made up of the same rock type, must have had significantly differing properties. The presence of pre-existing structures may have contributed to this discrepancy. Strain measurements from the physical experiments were reasonably well matched, except where the gauge lay directly in the path of advancing fractures.

Jan 1, 2012

By A. M. Hearn, J. G. Roos

Energy consumption, being a large proportion of the input of the ferroalloy production process, can be measured in terms of the efficiency with which the energy is utilized and the effectiveness with which it is used. The efficiency of the usage of energy revolves around the specific consumption of the energy for the production of the alloy, which encompasses the thermodynamic aspects of the process and is more of a metallurgical function that will not be addressed further in this paper. The effectiveness with which the energy is utilized is determined by the optimisation of the electricity supply from the utility (in this case Eskom). The South African electricity supply industry is on the brink of considerable restructuring, implying changes in ownership, structure and regulation. In other countries, however, restructuring has often seen higher prices. Owing to the diversity of growth prospects in South African markets, Eskom is turning to new market management and generation strategies. In future, Eskom will develop pricing strategies to increase demand from attractive customer segments such as paper & pulp, iron & steel, aluminium, and other metallurgical industries. There will be a broader spectrum of product offerings, including dynamic pricing options and demand-side management incentives. In a future electricity market that will become more dynamic and demanding, it will become increasingly important for electricity consumers to optimise their electricity supply. There are many facets in optimising the electricity supply, which include optimal utilisation of the tariff, integrating energy cost management into the production planning process, implementation of demand-side management actions, modelling, scenario planning (.what-ifs?.), optimisation, maintenance scheduling coordinated with the tariff periods, etc. This paper gives consideration to the status of the development of technology at the manganese alloy works of Samancor at Meyerton, South Africa in order to increase the effectiveness with which energy is utilized.

Jan 1, 2004

By P. Marinos, G. Tsiambaos, H. Saroglou

The anisotropic behaviour of “Athens Schist” has been brought out through the testing of specimens with varying orientation of schistosity with respect to the major principal stress under uniaxial, triaxial and dynamic conditions. A large number of results from tests on intact rock specimens of the “Athens Schist” were statistically analysed and evaluated. Le comportement anisotropique des roches du système “Schistes d’ Athènes” a été déterminé sur des épreuves avec une orientation différente de la schistosité par rapport à l’axe de chargement sous des conditions axiales, triaxiales et dynamiques. Un grand nombre des résultats a été statistiquement analysé et discuté. Zur Bestimmung der anisotropen Eigenschaften der Athen Schiefer wurden einaxialen, dreiaxialen und dynamischen Kompressionsversuchen an Gesteinskernen durchgeführt, bei denen die Belastungsachse verschiedenen Neigungen gegen die Schieferung hat. Die Messreihen an anisotropen unzerreissbaren Fels Samplen von Athen Schiefer wurden statistisch analysiert.

Jan 1, 2003

By N M. Vegter, C B. Kohler, E H. O Meyer

Zincor operates four Lurgi fluidised-bed roasters at its roast-leach-electrowin refinery in Springs, South Africa. In 2006, Zincor?s four roasters had reached ages ranging between 26 and 38 years, while the expected life of this type of roaster is generally 20 to 25 years. Based on its condition, Roaster 3 was the first to be rebuilt in 2006. Roaster 4 is being rebuilt in 2007 and the last two roasters will be rebuilt over the next few years as necessary. The main damage to Roaster 3 was caused by buckling of the roaster steel shell. This caused the freeboard and dome areas to shift, resulting in cracks in the dome brick lining and crumbling of the bricks lining the freeboard. The steel shell buckled due to the combined effects of too-high operating temperatures and corrosion caused by the following two main factors: ? Thicker external insulation was installed during a previous maintenance shut which resulted in and increased steel shell temperature and exacerbated the normal metal fatigue; ? SO2/SO3 containing gas that had permeated through the brick lining, passed through its dew point during frequent planned and unplanned shuts over the life of the roaster. This caused acid formation between the refractory brick lining and steel shell, resulting in corrosion of the shell. The initial plan was to replace only the damaged areas of Roaster 3, but upon dismantling more damage was found and the roaster was rebuilt from the tuyeres upwards. During the rebuild, the opportunity was taken to modify the design of some of the brickwork to extend its life and make future repairs easier. This paper discusses the mode of failure of Roaster 3 and the lessons learnt during its dismantling and rebuilding.

Jan 1, 2007

By M. Moseki

Paper written on project work carried out in partial fulfilment of B.Sc. (Eng.) (Metallurgy of Materials) degree This paper presents the research into melting of scrap for job creation purposes in rural areas. The research was done on behalf of Mine Recycling Services (MRS), the company that will implement the project. The project involves the research into available cost effective and easy to operate technology. The paper covers the experimental and theoretical work that was conducted. The results were used to determine the best equipment and method for melting and casting brass scrap.

Jan 1, 2002

By J. Daavittila

In the latter part of the 1980s Outokumpu Chrome in Tornio, Finland, was in a situation when its twenty-year-old ferrochrome plant was becoming too inefficient to sustain economically sound production. The company made extensive studies on the then available processing methods to find out the best possible processing route. As a result, the whole plant was practically rebuilt and expanded. When equipment was proven in practical operation, an application for FeMn production was developed. Now as the Tornio FeCr-plant is considering expansion, the same type of exercise is to be performed with today?s challenges, which will be discussed in the paper. These challenges include increasing costs or decreasing quality of raw materials, increasing energy costs, stricter environmental regulations and demand for better working conditions. The possibilities of resolving to these challenges will be discussed in the paper. The future and continuing development with FeCr includes the better utilization of process dusts and a lower consumption of energy. By adapting the latest automation tools to better control the process, even higher efficiencies can be achieved with present technology. New processes are considered for development in the future and some possible technologies will be described.

Jan 1, 2004

By John V. Simmons, Peter J. Simpson

Excavated slopes in open pit coal mines are designed to be as steep as possible consistent with stability and safety requirements. Slope failures occur for many reasons, including oversteepening. This paper is concerned with slope design and excavation experience in the Bowen Basin coalfields of central Queensland (Figure 1), [ ]

Jan 1, 2006

By J. Dvorácek

Similar to the case of any other business venture, the activities of mining industries are profit-oriented. Nothing will stop successful businesses in their quest for new localities to be prospected for minerals of their choice, because the useful economic life of any mine is limited. Before starting the process of land acquisition, it is important for any mining company to be able to forecast the profitability of the venture. The focus of this paper has been on the prospects of success, concerning the case of the opencast extraction of aggregates for construction. A set of 70 successful and loss-making quarries was subjected to investigation. An international company owns the quarries, which are located in seven European countries. The method of discriminate analysis provided the criteria for assessing future economic performance. The same criteria served the purpose of classifying other quarries belonging to the company.

Jan 1, 2012

By M. Onifade, O. S. Otuogbai, A. F. Mulaba-Bafubiandi, O. D. Eniowo, H. Grobler

Artisanal and small-scale miners in Nigeria struggle to attract formal financing to upgrade their operations to a more sustainable form of small-scale mining operation. Literature shows that for an investment to attract formal sources of financing; the business must be considered creditworthy by potential lenders. This means that the credit risks associated with the investment must be bearable for the potential lender. This study looks at how artisanal and small-scale miners can attract formal funding, which will help them take the leap from artisanal state to a form of sustainable small-scale mining operation. This study evaluates the creditworthiness of artisanal and small-scale mining operators using key credit risk parameters identified in the literature and through primary investigation. A quantitative study is conducted on a sample of 100 artisanal and small-scale miner establishments in Nigeria to evaluate the effect of these identified credit risk parameters on creditworthiness. It is shown in this study that being a member of a mining cooperative society, which is a form of social collateral, best improves the chances of access to formal financing for miners within the sample group. This underpins the role of social collateral, in both the formal and informal economy, and its influence in improving the creditworthiness of a typical artisanal and small-scale miner.

Jul 23, 2025