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By L. D. Smith

Net Present Value Impact of Discount Rate The Discounted Cash Flow (DCF) method of valuations is universally used and accepted. The main criticism of the method is that it does not recognize the value of projects long life projects. This can be seen in the preceding graph where the present value of cash flows in later years are small for discount rates over about 10%. This graph covers a project that has a 25 year operating life. It is clear from the low height of the NPV bars at 10% and 15% in the last years of the project that an additional 25 years would add almost no value to total project NPV. As an example of this effect, an colleague undertook the evaluation of a pulp and paper project. The plant could be justified, but it was not possible to justify planting the trees as they took too long to grow and so had not appreciable NPV. The plant had to purchase wood to feed the plant.

May 1, 2013

By M. P. Amsden

"Ecstall Mining Limited, a subsidiary of Texas Gulf Incorporated operates the Kidd Creek Mine, a 10,000 tons per day base metal producer, near Timmins, Ontario. Two different ore types are mined and milled: copper-zinc and silver-lead-zinc. At the highly automated Ecstall Concentrator the ores are processed by selective flotation in threes individual circuits. One of the most important metallurgical tools for process control is a sample system incorporating continuous on-stream x-ray analysis. Recently this system was further automated by adding computer control of reagents for two copper-zinc flotation circuits. The computer programs, utilizing optimum seeking methods and smelter contract terms, have increased copper recovery 0.8%, zinc recovery 1.6%, and reduced reagent costs by 12%. Although not anticipated, copper and zinc concentrate grades were improved modestly as well.INTRODUCTIONSEcstall Mining Limited, a wholly owned subsidiary of the Texas Gulf Incorporated operates the Kidd Creek Mine, one of the world's major base metal producers, near the old gold mining centre of Timmins, Ontario. Discovered in 1964, the property was brought into production in November, 1966. Originally designed for 9,000 tons per day, the operation now treats 10,000 tons per day of two different ore types mined from a single open pit. In the near future, open pit ore will be supplemented by ore from an underground operation now being readied for productionAt the Ecstall Concentrator the ores are processed by selective flotation in three individual circuits. The whole plant is highly automated and control is coordinated from a central control room. The treatment process follows conventional practices although fine grinding is required for optimum flotation recoveries. Normally, two circuits treat copper-zinc ore at a combined rate of 6,500 tons per day while the third circuit treats 3,500 tons per day of silver-lead-zinc ore. Special production averages 2,400 tons per day."

Jan 1, 1973

Study on Dynamic Characteristics of Inertia Cone Crusher and Its Application

Sep 13, 2010

By EDWARD B. DURHAH

(San Francisco Meeting, UCtober, 1911.) THE refinery at the San Francisco Mint takes the bullion purchased by the receiving department, and carrying more than 200 parts of precious metals in 1000, or, in mint parlance; over 200 fine, and separates and refines the various metals contained therein, using electrolytic processes exclusively. Bullion containing silver is treated in cells charged with a nitric electrolyte. These cells produce fine silver and leave a residue rich in gold. The residue from the silver-cells, together with crude gold-bullion, is treated in cells having a chloride electrolyte. These produce fine gold and leave a residue containing silver chloride. The latter is reduced to the metallic state with zinc and is then treated in the silver-cells. The various waste solutions and the wash-waters, after being freed from the bulk of their precious metals, still contain copper and other metals. These are removed by scrap-iron, and are then treated in the copper-cells, having a sulphate electrolyte. These cells produce pure copper, and collect a residue containing lead, some gold and silver, and all the metals of the platinum group that were in the bullion. This residue is relatively small, and is melted into bars and stored until sufficient accumulates to warrant treating it for platinum, etc. The refinery occupies three large and three small rooms. The large ones are, a melting-room, 30 by 34 ft.; a cell-room, 39 by 46 ft.; and a wash-room, 30 by 33 ft. The small rooms are used as foreman's office, laboratory, and generator-room, respectively. The methods here described are those in use in December, 1909, when notes for the present paper were taken.

Oct 1, 1911

By J. W. Davis

In the last few years major industrial companies have begun to realize the importance of Reliability as an enterprise strategy that, properly implemented, will improve financial performance. Typical results of an effective Enterprise Reliability Strategy include a 20% -50% reduction in maintenance cost accompanied by a 5% - 10%increase in real production capacity, with no capital investment in production equipment. One factor fueling the race to acquire and implement enterprise reliability is the pressure for companies to be increasingly cost-effective and competitive in global markets. In a recent study, Asset Productivity: The Next Wave, the Boston Consulting Group (BCG)stated that, “In order to compete for funds, companies must offer investor returns that are competitive with other opportunities. Alternative investments such as dot-com and others with non-traditional business models have raised the bar.” (APDF version of the study can be downloaded at www.bcg.com). BCG views asset productivity as the most powerful mechanism for increasing shareholder return. The author believes that the most effective way to increase Fixed Asset Productivity is to maximize asset utilization by increasing the Reliability of the Assets and the associated processes. Developing and implementing an ERS requires significant effort and knowledge. Most companies have difficulty finding a sufficient supply of these valuable commodities to implement an ERS Program internally. Many companies also struggle with figuring out how to get started and what direction to proceed.

Jan 1, 2003

By Pablo Herrera

Para el cuidado de los equipos móviles, se requiere de un plan matriz de monitoreo de condiciones, donde se defina un estrategia que optimize el sistema en equipos móviles de gran equipaje. En este sentido, el presente texto señala cómo el mantenimiento predictivo se puede incorporar dentro del ciclo de mantenimiento general a través de resultados que afectan directamente el negocio como el aumento de la disponibilidad de activos físicos de la industria.

Jun 1, 2014

By Jorge García, Yoshiro Travezaño

El desafío se presenta en lograr una operación eficiente y predictiva donde los sistemas de tecnología de los cuales depende la planta CPF no deben fallar. Ante este desafío se ha venido trabajando formando nuevos perfiles de ingenieros que puedan soportar la primera mina digital del Perú, así como un modelo de servicio consensuado con la operación para garantizar la continuidad de los sistemas y por lo tanto de la producción.

Sep 29, 2023

By Mary S. Esfandiary

This is a revision of a directory of coal research organizations throughout the world that was first published in 1961 as Bureau of Mines Information Circular 8008. Because of the wide acceptance of the first edition, a revision which would supply up-to-date information on coal research and which would facilitate communication among organizations of similar interest seemed important. This compilation includes the names and activities of organizations of various types-government, university, private, and industry. The areas of investigation that each organization is engaged in are indicated in broad terms: Analysis and constitution, mining and geology, preparation, briquetting, combustion, high-and low-temperature carbonization, gasification, conversion to solid and liquid fuels, and health and safety. Publications issued by and describing the work of each organization are cited; almost all of the organizations also publish results of their investigations in the technical press. Selected technical and trade publications that publish information on the science and technology of coal and are not published directly by any of the organizations listed are cited in the pages following the list of organizations in each country. Information that would improve coverage and accuracy of the next revision of the publication will be welcomed by the Bureau of Mines.

Jan 1, 1966

By Mary S. Esfandiary

This is a revision of a directory of coal research organizations throughout the world that was first published in 1961 as Bureau of Mines Information Circular 8008. Because of the wide acceptance of the first edition, a revision which would supply up-to-date information on coal research and which would facilitate communication among organizations of similar interest seemed important. This compilation includes the names and activities of organizations of various types-government, university, private, and industry. The areas of investigation that each organization is engaged in are indicated in broad terms: Analysis and constitution, mining and geology, preparation, briquetting, combustion, high- and low-temperature carbonization, gasification, conversion to solid and liquid fuels, and health and safety. Publications issued by and describing the work of each organization are cited; almost all of the organizations also publish results of their investigations in the technical press. Selected technical and trade publications that publish information on the science and technology of coal and are not published directly by any of the organizations listed are cited in the pages following the list of organizations in each country.

Jan 1, 1966

The accompanying supply/demand flow diagrams and 10-year tables for mineral and fuel commodities present essential data required by government, industry, and others to formulate policies and programs that can help assure an adequate and continuing supply of mineral raw materials. The 10-year data base terminates with 1975 figures because adequate world information was not available beyond that date. The selected mineral supply/demand tables and flow diagrams comprise but one "output" from the massive body of information and data collected and compiled by the Bureau of Mines on a continuing basis covering mineral production, consumption, prices, shipments, imports, exports, and stocks, as well as industry activities in all States and abroad.

Jan 1, 2012

This paper reviews the gold mining history and recent exploration activities on a number of beaches in the Catlins area of coastal South Otago. Past mining history and recent sampling indicate the presence of economically significant concentrations of placer gold, as well as anomalous PGM, and various heavy mineral species. A local source for this placer mineralisation is considered a strong possibility, along with a contribution from the Waiau River catchment via longshore drift. Blacksand beds in Jurassic sandstones of the Southland Synclinorium may represent this local source of mineralisation on the modern beaches. The possibility of placer mineralisation extending onto the inner continental shelf is also considered. Further exploratory work is justified, both for in situ Jurassic blacksand deposits, and to delineate mineralisation in the modern beach and inner shelf environment.

Jan 1, 1992

The U.S. economy continued to expand during 1986, although at the slowest pace since 1982 when the current business expansion began. Real gross national product (GNP) grew about 2.6%, slightly below 1985 growth but significantly below that of 1984. The continuing expansion was fueled predominantly by rising personal consumption expenditures as well as growing government purchases of goods and services. Fixed investment, although positive, failed to grow at the rate of the overall economy. The trade deficit, which increased more than 30% over the record 1985 level, continued to depress economic growth despite significant declines in the price of petroleum and the value of the dollar. On a more positive note, domestic employment continued to grow--increasing over 2 million from the 1985 level--and inflation and interest rates declined. The unemployment rate dropped slightly to 7.0%. Of direct importance to the minerals-producing industries, expenditures for consumer and producer durables as well as investment in residential construction each grew faster than the overall economy, but investment in nonresidential structures fell more than 10% from the 1985 level. The low level of real capital spending declined about 3% in 1986, following strong gains in 1985 and in 1984. Capital expenditures for new plant and equipment bottomed out in the second quarter and expanded in the third and fourth quarters. The decline in the first half of the year was partially attributed to uncertainty arising from the then-proposed tax bill. Also, there was little impetus for corporations to invest in new capacity since factories were operating at less than 80% of capacity during most of the year, in part because of continued competition from imports.

Jan 1, 1987

By Diógenes Uceda Herrera

La refinería de cobre en Ilo, procesa el cobre ampolloso que proviene de la fundición de Southern Perú Cooper Corporation, la cual trata los concentrados cupríferos de las minas de Toquepala y Cuajone. En este proceso, el cobre ampolloso se vuelve pre-refinado a través del fuego para así eliminar algunas impurezas y moldear los ánodos de cobre. Posteriormente en la electrólisis, este cobre de ánodo se deposita en el cátodo, liberándose los demás elementos para constituirse en lodos anódicos y así luego ser lixiados con ácidos para recuperar el cobre y centrifugados completamente. En este sentido, el texto señala el método de tostación oxidante con Na2CO3 y en agua como uno de los que más se adecúa a la composición química particular de los lodos anódicos de esta refinería.

Nov 20, 1978

By Russell B. Dix

Laboratory column leach tests are used routinely to evaluate gold and silver ores for heap leaching. The tests are fairly straightforward. The ore to be tested is placed into an appropriately sized leach column. Then an alkaline cyanide solution is applied to the ore and the effluent solutions are collected. The effluent solutions are then put through a column of activated carbon to recover the gold and silver in solution. Zinc precipitation may also be used for silver ores or if the ore contains a significant amount of soluble silver in addition to gold. The length of the leach time in the tests is mainly a function of how quickly the precious metals are recovered from the ore. At the completion of the tests, the tailings are assayed and the recoveries determined from the calculated head grades. The amount of ore to be used for a test is partly a function of its crushed size. The coarser the size, the larger the sample size for the column. A typical small-scale laboratory column test on ore crushed to -12 mm (-0.5 in.) would usually be conducted in a 100- to 150-mm-diam (4- to 6-in.-diam) column 2 m (6.6 ft) in height, containing about 20 to 45 kg (44 to 99 lb) of ore. A comparable test on the same ore crushed to 50 mm (2 in.) would be conducted in a 200- to 300-mm-diam (8- to 12-in.-diam) col¬umn 2 m (6.6 ft) in height, containing about 80 to 200 kg (176 to 441 lb) of ore. Larger-scale tests can be run by increasing the column heights and diameters. Conducting larger-scale tests results in increased costs for sample procurement, preparation, and running of the tests. The additional data obtained from

Jan 1, 1989

"El objetivo del presente trabajo es la difusión y aplicación de las buenas prácticas de la higiene industrial en las empresas. La efectividad de este sistema se encuentra en la promulgación y administración de un reglamento racional, destinado a promover los principios encontrados en su base. Este ""código"" solo funcionará si se utiliza un instrumento adecuado para un programa de control efectivo, donde se consideren políticas de prevención y control de las enfermedades ocupacionales aún en condiciones insatisfactorias. Por ello, el organismo técnico tiene por prioridad la examinación de las condiciones de trabajo y la divulgación de las normas basadas en principios científicos. El reglamento se divide en tres partes: la primera sección de normas está constituida por el reglamento de la higiene del ambiente, las cuales comprenden la contaminación máxima de contaminantes atmosféricos, el contacto de la piel con materiales peligrosos, materiales infecciosos, iluminación, temperatura, humedad y movimiento de aire, ruidos, vibraciones, presión anormal de la atmósfera, energia, radiante, ventilación, equipo de protección personal, buen mantenimiento y prácticas sanitarias. La segunda sección, refiere los aspectos de la higiene personal del trabajador como servicios de emergencia de primeros auxilios, tratamiento oportuno de las posibles enfermedades a detectar, examen médico imparcial, registro y reducción de ausencias de toda incapacidad y programa de educación sanitaria. La última sección comprende la interpretación legal del reglamento. En este aspecto se revisa el código boliviano, cuyo reglamento es considerado no solo por sus jefes y trabajadores, sino por la autoridad gubernamental administrativa que los dirige. Los aspectos que comprenden la aplicación de este código-modelo tales como el uso de los consejos científicos de un comité de salud, el examen físico a los trabajadores y la estipulación de las facilidades y servicios entre trabajadores y jefes, permiten la formulación de un reglamento de salubridad más completo e integro para las grandes industrias. "

Jul 20, 1957

Cadmium occurs in the Broken Hill Lode essentially as a camouflaged element, substituting diadochically for zinc in the sphalerite.Analyses of a series of zinc concentrate flotation products, prepared from samples of ore taken at intervals throughout the developed lengths of the several orebodies forming the lode, have revealed a pattern in the distribution of cadmium relative to zinc. This pattern appears to reflect the temperature and order of deposition of the several orebodies, and the direction of movement of the mineralizing solutions.INTRODUCTIONThis investigation into the distribution of cadmium in the several orebodies of the Broken Hill lode was undertaken by the Mineragraphic Section. of C.S.I.R.O. in conjunction with the Broken Hill Geological Research Committee, as part of a study of Broken Hill mineralization.It arose from the examination of cadmium and zinc assays supplied by Mr. T. A. Read, Chief Metallurgist of the Broken Hill South Ltd.; of experimental zinc concentrates prepared from localized samples of the No, 2 and No. 3 orebodies in the Broken Hill South Mine. These assays suggested that the two orebodies were characterized by distinctive ZnjCd ratios.In view of the possible sigmficanc'e of such a difference, comparable data were sought from each of the other mines. The necessary samples of ore were collected by the geological staffs of the several mines. The preparation of separate zinc concentrates and lead concentrates from these samples, and their assaying, was conducted by Mr. Evan Hardy, for the North Broken Hill Mine, and its assodated leases, and by Mr. D., Swan, under the direction of Dr. J. C. Nixon, for the Zinc Corporation and New Broken Hill Consolidated Mines. Additional tests on the Broken Hill South Mine were made by Mr. C. W. Reilly, under the direction of Mr. T. A. Read. The samples were...

Jan 1, 1955

By Henry Gómez Urquizo

El presente trabajo señala que la capacitación y entrenamiento en tecnologías de automatización y control a distancia, es una alternativa viable para las poblaciones de jóvenes y adultos que se encuentran alejadas de los centros de entrenamiento especializado a través de los laboratorios virtuales de acceso remoto, los cuales permiten la realización de experiencias de aprendizaje semejantes a las que se logran bajo la modalidad presencial. Esta modalidad denominada "telepresencia", utiliza los recursos e infraestructura de los laboratorios reales que se utilizan en la capacitación presencial y mediante las TIC lo ponen a disposición de los estudiantes de los lugares remotos.

Sep 14, 2009

By Mark Ward

The Rincon del Tigre (RdT) complex is one of South America’s largest and best-developed mafic-ultramafic layered intrusions. It is set in the SE Bolivian lowlands, about 50 km from the Brazilian border.The BGS (British Geological Survey) and GEOBOL (Servicio Geologico de Bolivia) carried out an initial investigation of the RdT complex from 1976 to 1986. In this sense, the paper point out the geology background of The Rincon del Tigre, economical potential, typical ore secuence in laterite nickle deposit and pega pega erosional surface (Oligocene).

Apr 24, 2001

By J. C. Reid

Pre-cambrian scheelite deposits in Northeastern Brazil are widespread in a high grade metamorphic terrain. Previously these deposits had been interpreted as contact-metasomatic. In this paper, a volcanigenic model is invoked based on the volcanic setting (proximal to distal) and the absence of associated felsic intrusives and spatially associated metasomatic skarns. The tungsten was introduced into sediments by volcanic- exhalative processes and subsequently remobilized and further concentrated by heat and metamorphis fluids associated with high-grade metamorphism and migmitization. An alternative syngenetic - diagenetic model is discussed which requires the transport of tungsten by heteropoly acids and deposition of the tungsten as a function of Eh and Ph conditions and different clastic depositional environments. While such stratabound tungsten deposits are considered rare in North America, the hypotheses developed in this paper may open new areas for exploration.

Jan 1, 1983

The placer gold industry has experienced a roller-coaster history incorporating four major boom eras. The first, 'hand-methods' boom arose in the mid-19th Century from application of an old idea in new places around the globe. The subsequent hydraulic mining, bucket dredging, and 'hydraulic excavator-portable plant' booms each arose from application of new ideas in old places around the globe, ie in places where gold had been found during earlier booms. The new ideas that heralded the second, third and fourth booms were all significant advances in excavation technology. These enabled the industry to target the known deposits that were too deep, too wet, too small, or too low-grade for recovery by earlier boom methods. Relatively few new deposits or new deposit styles arose from the 'history book' exploration approach, so the number of known deposits to which each of the boom methods were applicable was limited. Consequently, the first three booms were each followed by significant periods of industry decline, and the fourth boom is currently waning inNew Zealand. Further decline is not inevitable and can be avoided by changing to a knowledge-based exploration approach similar to that adopted by the hard rock gold industry in the 1970s. Such an approach could easily herald the next placer gold boom.   Most of the relatively coarse, easily won alluvial gold in proximal and medial reaches of the active placer systems is gone. However, a substantial alluvial gold resource remains in the distal reaches of active systems, and in ancient placers formed onshore and on the continental shelf during previous sedimentary cycles. The resource in these deposits probably exceeds the total New Zealand placer production to date. Successful development of these placers requires application of robust geologic models for the formation and distribution of the placers through time, and advanced exploration technology that has not been used before in New Zealand. Nevertheless, the knowledge and technology required to explore and mine these deposits is available now. Many of these deposits contain a large proportion of problematic gold types that are difficult to recover with the commonly used gravity technology without sustaining significant losses. Despite advances in recovery technology in last few years, too much emphasis is placed on the incorrect assumption that gold size is the primary control on recovery efficiency. Other gold particle parameters, especially particle shape, exert a much greater control on whether gold will be saved or lost to the tails, and must be considered in the design of recovery technology and configuration of recovery circuits.

Jan 1, 2003