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By A. A. Iranzadeh

The performance of a tunnel boring machine (TBM) depends on the efficiency of the cutters, which can be influenced by geological conditions and rock mass properties. In this study, a three-dimensional numerical model, based on a discrete element method, was used to evaluate the effects of joint orientation and its spacing on the fragmentation process by a TBM cutter. Several models were constructed to study the effects of variable orientation; these models incorporated different spacing, variable spacing, different orientations on the fragmentation process, and different sections of the block model. Three parameters, consisting of induced tensile stress, induced shear stress and maximum displacement, were calculated. The stress in each section that forms chips was considered as critical stress; critical joint spacing and orientation in each section were determined. Results show that the critical orientation was in the range of 45 to 60º, where there was a possibility to achieve the maximum penetration rate. The critical joint spacing was 200 mm and, by increasing joint spacing, the value of critical stress decreased significantly. Furthermore, joint orientation could influence more than joint spacing in the rock cutting process.

Jan 1, 2009

By Wang Xianzheng

For a long period of time, the Chinese Government has been attaching great importance to and supporting the rapid development of the coal industry. Particularly since more than 30 years ago, when China introduced the Reform and Opening-up policy, the reform and development of the Chinese coal industry has witnessed world-recognized achievements. National coal production increased from 618 million tonnes in 1978 to 3.52 billion tonnes in 2011. While China?s coal production accounts for 49.5% of the world?s total, its annual production growth contributes to over 80% of global production growth. China is a country utilizing coal as its main source of energy. As the Chinese Government gives support to the rapid development of new and renewable energy sources, as well as to increased coal utilization efficiency, the ratio of coal in the primary energy consumption mix will gradually decline. However, for a long period of time to come, the total volume of coal demand will keep rising modestly. The Chinese Government has been highly committed to and actively promoting the overall, coordinated and sustainable development model, which puts people first. It has put forward a strategic task to build an ecological civilization, and highlighted its resolve to uphold the basic national policy of resource conservation and environmental protection, with a view to the pursuit of sustainable development. China will incorporate its response to climate change into the national economic and social development program, and take effective measures to lower CO2 emissions 40?45% per unit of GDP in 2020 compared to 2005. At the same time, China will increase the ratio of non-fossil fuels to 15% in the primary energy consumption mix. All of the above factors have raised requirements for the Chinese coal industry, with implications for clear directions, plans and goals for the development of the coal industry.

Aug 1, 2013

By Robert Voisey, Robert J. Spencer

"LynnGold's MacLellan Mine is located about 8 km south east of Lynn Lake immediately to the east of the Keewatin River (Fig. I). The property is accessible by an all-weather road, leading north from the provincial highway 391, which links with the Town of Leaf Rapids and the City of Thompson to the south.The ore body, as outlined in the original feasibility study, is expected to produce in excess of 9.3 x IQ6 gm of gold and silver over the next 5 years. However, the deposit is open to depth and exploration is continuing on and around the main zone and the many satellite deposits.The start of construction of the MacLellan Mine and mill was scheduled to phase in with the closure of the Fox copper-zinc mine located 48 km west of Lynn Lake. The majority of the employees from the Fox Operation were either employed at the MacLellan Mine or relocated to Sherrin's Ruttan Operation.GeologyThe MacLellan gold ore deposit is located on the northern section of the Lynn Lake Greenstone Belt known as the Rainbow Trend. This Trend is a 40 km gold bearing rock sequence extending both east and west from the MacLellan Mine. The southern section of these two east-west trending structures is known as the Johnson Shear, this is also gold bearing."

Jan 1, 1990

By L. Voisin, K. Mühlenbrock

A new pyrometallurgical process is proposed for cleaning complex copper matte and for recovering copper from copper scrap containing lead. In the process, a given amount of pig iron is added to the complex material under a reducing condition to produce two or three liquid phases at the equilibrium, depending on the content of sulfur in system, of copper-rich and iron-rich alloys, and matte, respectively. The novel process is proposed based on the experimental results obtained by performing laboratory scale tests in an electrical furnace at 1473 K followed by a quenching method on the final stage. The samples obtained from the experiments were analyzed by using Atomic Absorption Spectroscopy (AAS), Inductively Couple Plasma (ICP) and Carbon Infrared Spectrometry (CIS) techniques. The results were discussed on the basis of the distribution of lead as impurity in the miscibility gap where equilibrated phases coexist. According to the mass balance calculations, the elimination of lead into the iron-rich alloy phase as a harmless and smaller deposit might be feasible and the process proposed for cleaning the complex matte would be promising.

Jan 1, 2014

By Toivo Toivanen

The paper begins with a brief history of the nickel industry in Finland, and then deals with the introduction of the flash smelting process. The main part of the paper is devoted to nickel refining, which is studied under four main headings -grinding, leaching, electrolyte precipitation, and nickel electrowinning. Flowsheets are illustrated, and the equipment used is described. Analyses of the material in the various stages, from concentrate to high-grade nickel matte, are also presented. N ICKEL made its appearance in the Finnish mining industry forty years ago, when a nickel deposit was discovered at Petsamo in Lapland. Mond Nickel Co. received the concession for this deposit from the Finnish Government, and the Petsamon Nikkeli Company constructed a mine and a nickel smelter (1), the completion of which was prevented by the 1939 Winter War. The mine and smelter were, however, completed soon afterwards in spite of World War II,

Jan 1, 1964

By A. Iizuka

This study was aimed at separating and recovering arsenic, antimony, and tin from refining byproducts generated in a nonferrous smelter. The target byproduct was a silicate slag containing the above elements. The silicate structure of the slag was destroyed by alkali roasting, which then enabled leaching of arsenic, antimony and tin in solution effectively. Arsenic was selectively leached out by hot water after alkali roasting of the slag, while remained antimony and tin in the residue were leached out by a hot hydrochloric acid solution. However, when the solid-liquid ratio in the leaching solution was increased, hydrous gelatinous silica (gel-like silica) was formed during the hydrochloric acid treatment and filtration became difficult. Therefore, high temperature and high pressure leaching was attempted to improve the filterability of the silica leaching residue. In the high temperature and high pressure treatment, the hydrous gel-like silica was transformed into easily filterable aggregated silica, and thus, filtration became easy. By investigating the neutralization and sulfurization treatment for the obtained hydrochloric acid leachate (second leachate), it was possible to separate antimony and tin. INTRODUCTION This study aims to separate arsenic and recover valuable metals such as antimony and tin from refining byproducts generated in a nonferrous smelter. The target smelting byproduct is antimony-containing slag in this study. In many cases, alkali roasting was adopted as pretreatment for extraction and recovering valuable metals from smelting residues and wastes (Rao, 2006). For antimony-containing slag in this study, one effective method for separating arsenic is to convert arsenic to sodium arsenate (Na3AsO4) by roasting with a sodium compound and then to remove arsenic by hot water leaching. In addition, by alkali roasting, the silicate structure of the slag is destroyed, and effectively alkalizing tin and antimony is accomplished. Then, precipitating and recovering tin and antimony leached into the acid solution are considered possible by sulfurization and neutralization treatments. In this research, we conducted basic studies on the following. 1) Destruction of silicate structure in slag by alkali roasting and leachability of arsenic. 2) Conversion of hydrous gelatinous silica to aggregated silica by hydrochloric acid treatment of residues after arsenic leaching under high temperature and high pressure, as well as leachability of antimony and tin. 3) Separation and recovery of antimony and tin by sulfurization and neutralization treatments of hydrochloric acid leachate. These topics of investigation can support to consider the separation and recovery process of arsenic, antimony, and tin from antimony containing slag.

Jan 1, 2019

By Yujing Jiang, Xuezhen Wu, Bo Li, Tomomi Iura, Gang Wang

"Yielding bolt has been widely used for rock reinforcement in mining and civil engineering in high stress conditions. However, the interaction mechanism of yielding bolt and matrix mass is still not clear at present, and no analytical model is available to predict its reinforcement effect quantitatively. In this paper, the mainstream yielding rock bolts were reviewed firstly. After that, a coupling model is proposed to account for the interaction between yielding bolt and matrix mass. Based on the plane strain axial symmetry assumption and the incremental theory of plasticity, equilibrium equations and compatibility equations of matrix mass, and also the response of yielding rock bolt are deduced theoretically. The proposed method was programmed in Visual Basic development environment, and a semi-analytical solution for the coupling model is achieved. The reinforcement mechanism of yielding bolt in conventional tunnelling is clearly demonstrated through an illustrative case study. The reinforcement effect of yielding bolt is estimated quantitatively, and the distribution of axial force along the bolt is presented. In addition, the validity of proposed method is verified by numerical simulations. INTRODUCTIONHigh stress in surrounding rock mass can cause serious stability problems such as massive squeezing in soft rock and rock burst in hard rock. It is observed that many conventional rock bolts failed when experiencing large displacement, which implies that they are too stiff to sustain large deformation and dynamic conditions (Stillborg, 1994; Hoek et al., 1995). Yielding bolt, which can also be called energy-absorbing bolt, has been widely used for rock reinforcement in mining and civil engineering for these conditions (Neugebauer, E., 2008). This paper focuses on the static reinforcement effects of the yielding bolts with analytical method and numerical simulations."

Jan 1, 2015

By Peter Moon, Lloyd G. Campbell

"How well supervisors supervise, and are supervised determines whether management's goals will be reached and ...how effective the work force will be... Upper management must recognize the potential returns of viable training programs for both management and mine workers… The key to performance, from the standpoint of safety and productivity, is the ability of the line supervisor to manage(1).In this article, the authors will share their experiences in supervisor selection and development. They also draw on the work of two men in particular, Douglas Bray and William Byham, both of whom have contributed significantly to the understanding of supervisory development and training.IntroductionYears ago, there was not much training for supervisors. They worked under an authoritarian style of management and modelled themselves on it. They were generally selected for their skill as miners, mill operators or mechanics. Things have changed. Today, companies have different needs. The selection of supervisors is far too important to rely on guesswork. Progressive companies want supervisors who think like managers - supervisors who know how to plan and organize, set performance standards and monitor them, analyze problems, develop solutions, show sound judgment and deal effectively with people. The evaluation of these supervisory ""dimensions"" is best accomplished through the use of an assessment centre. The Assessment Centre Method increases the accuracy of predicting the future success of candidates being considered for promotion.Mining and other resource companies use assessment centres to select the most suitable people for supervision. The Assessment Centre Method is based on extensive research. It eliminates hit-and-miss selection methods by using several different exercises that simulate the problems and activities that candidates would face if they were promoted into supervision . In other words, they get a realistic "" sample"" of the supervisor's job and are required to deal with and manage interpersonal and problematic circumstances."

Jan 1, 1990

By W. B. Agocs

"AbstractThe airborne magnetometer data of the Marmora iron ore deposit at Marmora, Ontario, have been used as an example to show the mapped results obtained by the use of line spacings of from 1 mile to 14 mile. The maps are illustrative of the results which could be obtained from such line spacings for any type of geophysical survey, and they show the probability of 'missing' a feature of economic value if the line spacing is too coarse.The probability equations are given for the crossing of randomly oriented features whose maximum dimension is less than the spacing of the control lines for circular, elongate, and rectangular outlines. The equations are P = D/S; P = 2L/S; P = 2(L+W)/,.S; P = A/,.S; P = (2L(S+T)-L2),.ST; and P (D(S+T-,.D)) ST, respectively; where P is the probability; D is the diameter; L is the length; W is the width; and S and T are line spacings.IntroductionTHE EFFECT of station spacing, and the effect of the distance between the plane of observation and the plane of the source of the potential field anomalies, have been studied by geophysicists in the past.The purpose of this paper, however, is to illustrate the effect of line spacing •on the resultant mapped magnetic anomaly for a known magnetite mass, and to present the elementary probability equations for determining the optimum control spacing for detecting a particular type of feature. The effect of line spacing which is illustrated by the magnetic maps presented herewith would be comparable to results which would be obtained by any geophysical survey, since the contours between lines are of necessity interpolated."

Jan 1, 1955

By H. L. Snyder

This paper outlines the approach to the underground construction work involved in the Churchill Falls Power Project. It is the first in a series of papers which CIM Bulletin plans to publish as the different 11hases of this large-scale operation evolve.

Jan 1, 1968

By M. Cossette, V. H. Tran

"How can the durability of asphalt pavement be doubled without increasing highway budgets? Asphalt containing asbestos can provide the desired performance with additional costs being made up by longer life. The addition of a low percentage of asbestos to an asphalt mix permits a higher asphalt content without any consequent loss in stability. It is mainly the higher asphalt content that provides improved performance and durability, although the fibrous reinforcement plays a key role in preventing the propagation of micro-fissures. As well, several international studies show that, thanks to the latest production techniques, no environmental hazards need be incurred.RésuméComment doubler la durée des chaussées d'asphalte sans augmenter les budgets de voirie? L’asphalte contenant de l'amiante peut offrir les performances souhaitées et l'augmentation des couts initiaux peut être rapidement compensée par une durée prolongée. L’addition d'une faible teneur en amiante courte il l'enrobe de bitume permet des teneurs en bitume plus élevées sans subir une perte de stabilité en conséquence. C'est principalement la teneur accrue en bitume qui assure un améliorations propriétés physiques et une augmentation des performances mécaniques, ainsi qu'on prolongement de la durée. Cependant, le renforcement fibreux joue un rôle clef en prévenant la propagation éventuelles micro-fissures. Les nouvelles techniques évitent tous risques environnementaux"

Jan 1, 1991

By H. P. Dibbs

An account is given of the application of neutron activation analysis to the rapid, non-destructive determination of copper in minerals, using a 14-MeV neutron source. Elements that interfere in the determination of copper by this method are given, together with the errors in the estimation of copper that result from the presence of varying amounts of these elements. The possible use of a compact "sealed-tube" 14-MeV neutron generator for the field assay of copper in minerals is discussed.

Jan 1, 1970

By F. Doxey

Introduction Numerous papers have been written dealing with the construction and functions of, and the environmental conditions created by, Diesel locomotives. Therefore, it is not my intention to attempt to deal with these phases of Diesel transportation other than to make reference to them in ?relation to and in connection with actual operation. The rapid expansion of industry during recent years and the necessity of products being made available at competitive prices in home and world markets has made the demand for cheaper coal a very serious factor for the coal industry. This condition has meant each coal producing country looking into ways and means whereby greater productivity and reduction in cost could he achieved. Surveys made show that, in addition to face mechanization, savings, in some cases substantial, can be made in transportation. Ventilation The most efficient mines are in-variably the well ventilated ones, for it is true that, where there is good ventilation, there are usually good roads. These combined factors are very essential where Diesel locomotives are used. Good roadways and track allow speed, and good ventilation dilutes rapidly any disagreeable exhaust gases. Locomotive Development In the older types of auxiliary rope haulage, coal hauled per haul-age hand is usually very low.

Jan 1, 1951

"Geological investigation in the Appalachian region of Canada began more than 150 years ago. The distribution of rock formations, and their ages and regional structure are today reasonably well known in most parts of the region to 1-or 2-mile scale. Most Newfoundland geology is known only to 4-mile scale. About 200 earth scientists carry out research in the region, of whom about 25 per cent are government employees, 50 per cent university staff and graduate students, and 25 per cent industry employees.Increased activity is needed toward both regional analyses and problem studies through the efforts of multi-disciplinary teams. The ultimate objectives of earth science must be the discovery and development of mineral re•-sources and the use and conservation of natural material in the environment, all for the benefit of the local in-habitants. To accomplish this, the scientific community must carry out an array of research projects ranging from the technical products of geological, geophysical and geochemical surveys through to the research products de-signed to renew theories and hypotheses bearing on natural processes. Some scientific sub-objectives are listed.Recommended is the increase and broadening of communication among Appalachian scientists, specifically those resident in the Atlantic Provinces. It is proposed that an Appalachian Division of the Geological Association of Canada be formed to provide a forum for discussion of Appalachian topics. In addition, a committee or council of university, industry and government earth scientists should be formed to examine the state of the science in the region, to identify programs of investigation and individual projects of research, and to recommend methods of approach. If the committee succeeds and the scientific community acts upon the recommendations, the quantity, quality and pertinence of research will increase, and earth science will better serve Appalachian society."

Jan 1, 1970

By Ludwig Strah

"The paper outlines the history of rubber mill liners beginning with the awarding of the first North American patent rights in 1923. It includes the early-day applications and installations of the 1920s and 1930s through to their present-day application. Over-all rubber mill liner design is discussed in relation to present day installations employing rubber mill liners in various grinding applications. A brief overview is given of a manufacturer's procedures to produce rubber mill liners.IntroductionIn early 1910, it became apparent that the productive life of the silver mines in Cobalt, Ontario, could be substantially prolonged by mining lower-grade ores.The mining of lower-grade ores required the establishment of treatment facilities which initially employed jaw crushers, stamp mills, jigs and concentrating tables. The recovery of silver in other than a coarse metallic form required the additional step which was introduced at that time: the cyanidation of silver concentrates from the tables. The resultant requirement for increased and improved recovery led to the introduction of grinding mills, i.e. tube mills.Shortly after the introduction of the tube mills to the Nipissing Mine's mill in 1914, the idea of using rubber as a mill liner material was spawned. However, no action was taken due to the advent of World War I. It is interesting to note that the idea of rubber mill liners emanated from having used pieces of solid rubber tire as an emergency repair on a set of liners when a liner had broken and no immediately available spare was on site.The credit for this ingenuity and subsequent application for a patent on rubber mill liners falls to James John Denny, the mill superintendent, and Rolla Barnum Watson, the general manager of Coniagas Mines Limited. The patent application was formally made on December 3, 1921. The U.S. Patent Office issued Patent No. 1,470,597 on October 16, 1923."

Jan 1, 1982

By N. P. Hristov, L. V. Kuzev

"A simulation study of the fill factor of a drum mill was conducted using two types of grinding media: balls and tetraballpebs. Each medium was composed of equal number of grinding bodies having equal weight but different shape. The difference was in the density of the two grinding media.Standard spherical grinding bodies (balls), which were used in practice, and equivalent (by weight) grinding bodies in the shape of spheroidal tetrahedrons (tetraballpebs) were studied. The simulation was conducted in a module of a 1.2 m diameter drum mill, whose length exceeded twice the diameter of the corresponding grinding body. The grinding balls had a few percent (3 to 6) higher fill factor than the grinding tetraballpebs in the same shell.Vertical sections of the grinding medium were taken across the studied shell module along its axis. They showed the location of each grinding body in the fill volume. Defects in the packing of the grinding bodies and the contacts between them and with the inner surface of the shell were also show. Differences in the contact points of the balls and the tetraballpebs were noted. For the tetraballpebs, we observed contacts both between the spherical surfaces and with the edges and vertices of the grinding bodies.The topography of the grinding media is shown visually.INTRODUCTIONThe grinding balls have been studied extensively. It is the traditional grinding medium in ore processing industry. The parameter characterising the grinding medium is its density. It is the mass of the grinding medium per unit of volume. The parameter may have a range of values. It depends on:• The physical properties of the material they are made of;• The shape of the grinding body;• The dimensions of the body;• Size distribution of the grinding bodies in the grinding media.In comminution, the fill factor of the mill shell is the process parameter that is representative of the grinding medium. Some publications have indicated the disadvantages of ball grinding. For example, Wu, Xiang, Glen, and Duan (2008) note in the analysis of the mechanism of grinding that the balls are not the best grinding media and disadvantages include among others:• Easy over-grinding resulting from the point contact between the balls;• Attrition surface is the smallest in the grinding media;• Poor selective exposure of minerals resulting from the accidental and often significantly more powerful impact on the feed;• The grinding efficiency drops as the fineness of grind is increased;In the Handbook of mineral processing, Polkin (1950) noted that the shape of the grinding bodies determines the volume of the void spaces therein and therefore the shape affects the grinding efficiency per unit of volume of the grinding medium."

Jan 1, 2016

By B. Tiryaki, M. Ayhan, O. Z. Hekimoglu

Coal shearers are one of the major sources of dust and fines in underground coal mines. Despite considerable research investigations, no comprehensive in situ investigations coupled with extensive laboratory studies on the effects of drum design on generation of dust and fines have been found. It may be for this reason that many major shearer drum manufacturers persistently employ a certain drum-lacing pattern on current coal shearers, which is believed to cause excessive dust and fines in coal mines. This paper shows how respirable dust and fines are minimized under near-identical conditions when the drum lacing pattern was changed from a triple-tracking to a single tracking arrangement. A series of laboratory trials simulating in full scale the practical cutting action of tools was followed by extensive long-term underground trials during production operations in OAL (Cayirhan) Lignite mine in Turkey. The results are presented and discussed, and recommendations for proper drum-lacing in terms of respirable dust and fines are made.

Jan 1, 2002

By Yongsheng Song, Yong Chen, Wenjuan Li

"Detailed characterization and improved recovery of a micro-fine, low-grade refractory gold ore from a beneficiation plant in Yunnan Province, China, was investigated. Different analytical techniques, such as videlicet size analysis, scanning electron microscopy, and mineral analysis by a Mineral Liberation Analyser, were used for mineralogical characterization of the ore. This paper describes an experimental study on the effect of the grinding fineness and the use of various flotation reagent regimes involving collectors, depressors, and activators on the flotation behaviour of micro-fine auriferous pyrite. Two-stage flotation resulted in high gold grade (32.71 g/t) and gold recovery (80.02%) of the bulk gold concentrate. This process opens the possibilities of maximizing Au recoveries in a micro-fine low-grade refractory gold ore where low recoveries are common.INTRODUCTIONWith the rapid development of the gold industry, refractory gold ores are becoming increasingly important resources for gold production (O’Connor & Dunne, 1994; Agorhom, Skinner, & Zanin, 2012). Among these refractory gold ores, sulfur and micro-grained native gold ores represent a significant challenge, since they are not amenable to gold recovery by direct cyanidation. The gold contained in this type of ore is very finely disseminated and encapsulated in sulfides, which makes it inaccessible to the cyanide solution during direct cyanidation (Bulatovic, 1997; Allan & Woodcock, 2001). Autoclave pressure oxidation (AC POX) of the sulfide ore and subsequent cyanidation is a common technology used to recover the gold in such types of ore. Flotation is often used as a pre-treatment method to refractory gold ore (Monte Lins, & Oliveira, 1997).As the gold-carrier minerals are usually finely disseminated (sometimes under 10 µm) and intimately associated with gangue minerals, a fine grind is necessary to get a high degree of liberation. At the same time, the fine grind usually causes the production of significant quantities of slimes, which comprise easy-to-float gangue minerals such as mica, dolomite, and calcite. These mineral phases are naturally hydrophobic and float readily, competing with the value minerals in the froth phase and resulting in lower concentrate grades."

Jan 1, 2016

By G. Mucsi, J. Faitli, K. Bohács

"The authors developed an online tube rheometer to supplement a Netzsch MiniCer (Netzsch GmbH, Germany) stirred media mill in order to monitor online the rheological characteristics of the suspension and therefore the result of grinding during the process. Previously it was demonstrated that the above measuring system was working appropriately based on the preliminary tests. The product related stress model was applied for the evaluation of the grinding results. It was found that the suspension concentration and the change of the material properties during grinding, consequently the rheology strongly affects the grinding result, i.e. specific surface area, median particle size as well as specific grinding energy. The tested model limestone – water suspensions behaved Newtonian initially, then after a given grinding time their properties had changed and they become Bingham plastic. INTRODUCTIONStirred media milling now is a common practice to produce fine and ultrafine granular materials for different purposes. With an increasing demand of ultrafine powders for industries (Kwade, 1999), wet and dry ultrafine grinding has been increasingly used in various fields, such as minerals (Mucsi, Rácz, & Mádai, 2013)(Rácz, 2014), ceramic materials (Becker & Schwedes, 1999), pigments (Ohenoja, Illikainen, & Niinimäki, 2013), chemical products (Baláž et al., 2013), microorganisms (Kwade & Schwedes, 2002) and pharmaceutics (Afolabi, Akinlabi, & Bilgili, 2014). It is well known that suspension rheology affects the wet comminution of materials (He, Wang, & Forssberg, 2006a). The rheological behaviour of the suspension containing the ground particles might indicate the level of interparticle interaction or aggregation and therefore it is an important variable factor of the process control (Muster & Prestidge, 1995). The influence of the rheological behaviour of mineral suspensions on their grindability has attracted more and more interests and attention, especially on ultrafine grinding performance (He, Wang, & Forssberg, 2006b) (Bernhardt et al., 1999). However, there are still many issues concerning the machine and the process for the different applications. When grinding is effective and the particle size range decreases significantly, the circulating suspension is becoming typically non-Newtonian. The changed rheological behaviour and the increasing rheological material parameters can negatively affect the grinding efficiency; therefore it is an important issue. Ultrafine stirred media milling as well as solid-liquid two phase flow have been studied for a long time at the Institute of Raw Materials Preparation and Environmental Processing of the University of Miskolc. Regarding ultrafine grinding the research is focusing on the description of materials’ grindability (energetic aspects) both in wet and dry circumstances (Mucsi et al., 2013; Rácz, 2014). Concerning rheology, the three measuring pipes tube rheometer was developed decades ago (Faitli & Gombköto, 2015). So far many different solid materials from all over the world had been tested in this rheometer (Faitli & Gombköto, 2015). Main aim of these tests was to gain basic data for large scale hydraulic transport applications. Among the many stirred media mills there is a Netzsch MiniCer mill at the Institute. It was reasonable to combine the two fields together, and the goal of the research presented in this paper is to develop an online tube rheometer for the Netzsch mill and to carry out grinding and rheological testing simultaneously."

Jan 1, 2016

By John Smith

"The RTZ Corporation PLCFrom a company's point-of-view, a good investment decision is one which results in the purchase of an asset that is worth more than it costs. Thus, in order to judge the merit of an investment opportunity, it is necessary to estimate the value of the assets to be acquired.Discounted cash flow (DCF) analysis has become widely adopted by companies in assessing potential new investments. The principle is a simple one: invest in projects which have a positive net present value, and reject those which do not. However, perhaps because of its apparent simplicity, DCF analysis is frequently misused. Good practice in the use of the technique is discussed, together with several common misconceptions.Sound analysis requires sound data; thus, the valuation process relies heavily upon a wide range of specialists to provide the basic input from which cash flow forecasts can be built up. The analyst must maintain close liaison with these specialists from the outset in order to ensure that the data provided is indeed relevant and complete.IntroductionBefore turning to the main subject of this paper ""How Companies Value Properties"", it is of interest to consider first a slightly different question ""Why do Companies value Properties""? In other words, for what purposes are such valuations prepared? Certainly the commonest, and probably the most important circumstance in which a valuation is required is when the company is considering an investment opportunity. This may be the direct purchase of a property or group of properties from a third party, but could also be the opportunity to develop a new operation or expand an existing one.A very simple objective in making any kind of investment is to make our shareholders richer than they would otherwise have been. That is, to make investments whose value to shareholders exceeds the consideration required to acquire them. Thus the investment decision focusses on the difference between an asset's value and its cost.This distinction between ""value"" and ""cost"" is an important one. Study of a company's balance sheet may tell a lot about the cost of this company's assets, but very little about their value. Then again, it is sometimes argued that a business should be bought because this will result in assets being acquired for less than their replacement cost. This merely compares one cost with another, it says nothing about value."

Jan 1, 1991