Search Documents

By William Skinner, Jim Pae Lem, Massimiano Zanin

It is well known that the specific density of minerals has adverse influence on the classification performance of a hydrocyclone, particularly when liberated high density minerals such as gold or uranium are present in sulphide ores. These liberated heavy minerals often misreport to the underflow and recirculate to the system. Such phenomena does result in serious issues in a closed-grinding circuit, such as overgrinding, leading to production of flaky particles (as in gold) or ultrafines, in addition to increased energy inefficiency. In plants which present gold liberated at coarser size, loss of gold due to cyclone inefficiency is sometimes prevented by incorporating gravity concentrators into the grinding circuit to recover the gold. The work reported in this paper looks at whether the effect of density will prevent successful rejection of liberated U-bearing minerals in the –10µm size range of a plant re-cleaner feed, which is necessary to minimize penalty U accumulation in a copper concentrator. The study was carried out using a cyclone rig with spigot diameter of 0.25 inches in combination with batch flotation. It was found that the density effect is almost negligible at particle sizes below 10µm. Consequently, the liberated U-bearing particles finer than 10 µm were successfully removed in the overflow stream as rejects and hence U grade in the copper concentrate remarkably reduced, by 16 ppm. Based on the results, de-sliming of the re-cleaner feed was recommended for plant trial and implementation.

Jan 1, 2016

By Garry W. Warren

The brass foundry industry produces a significant amount of waste sand containing Cu, Zn and Pb which is often classified as a hazardous waste due to Pb content. The potential application of a hydrometallurgical process to treat the sand by extracting metal values and thus detoxifying the material has been investigated. The process involves leaching of metal values followed by cementation. The emphasis of this investigation was on the leaching step, although some preliminary cementation experiments have been performed. In order for any alternative treatment scheme to be successful, the smaller size fractions of the sand must be addressed. Experiments have been performed on five individual size fractions using various lixiviants HCI, acetic acid and HCI/NaCI. Cu extraction was found to be slower than either Zn or Pb. Results obtained in this investigation indicate that copper is present in two forms, an oxide form which dissolves rapidly and is insensitive to the level of oxygen, and a less soluble form, probably metallic which dissolves more slowly and requires an oxidizing agent. The presence or absence of oxygen had no influence on the rate of Zn dissolution indicating that zinc is present mostly in oxide form. Toxicity Characteristic Leaching Procedure (TCLP) tests showed that residues could be produced which meet the toxicity limit for lead. Preliminary cementation experiments have also demonstrated the feasibility of Cu and Pb recovery.

Jan 1, 1991

By J. T. Graves

Bauxite, dolomite, and magnesite are natural occurring minerals that are used extensively in the manufacture of refractory products. In addition, magnesia produced from seawater or brine finds its way into the production of refractories. All of these materials must be processed at high temperatures, 1500°C to 2200°C, to produce an intermediate raw material (refractory grain) , which can then be used in the final manufacture of refractory bricks and shapes. During the last 20 years, the major supply of refractory bauxite has been from Guyana, and at times the annual production has ranged up to 1,000,000 tons per year. More recently, China has become a major source of refractory grade bauxite by supplying over 300,000 TPY. Other sources of bauxite in lesser quantities have been Surinam, Brazil, and the U.S.A. During 1980, the estimated available world tonnage amounted to slightly more than 1,300,000 tons. The bulk of this material has been calcined in rotary kilns except for some of the Chinese production, which was treated in shaft kilns. Recent work has indicated that an excellent product can be produced in the Nichols Shaft Kiln using much less fuel than the conventional rotary kiln. Details of the Nichols Shaft Kiln will be provided later in this paper.

Jan 1, 1982

By M. Muinonen, R. Pandher

Royal Nickel Corporation is developing the Dumont Nickel Project, a large nickel sulphide deposit located near the town of Amos, Québec. The nickel occurs as pentlandite, heazlewoodite, and awaruite. The relatively low grade ore can be processed to a very high grade nickel concentrate, containing 29% Ni. The absence of copper and precious metals in the ore renders this concentrate amenable to processing by dead roasting in a fluid-bed roaster and smelting in an electric furnace to produce ferronickel for sale to stainless steel producers. Laboratory test work and conceptual engineering design was completed to demonstrate the amenability of Dumont concentrate to produce ferro-nickel.

Jan 1, 2015

By Shulin Nie

The dead-pressing phenomenon in emulsion explosives is wellknown. Research work on this subject has been carried out at the Swedish Detonic Research Foundation for the last few years. Several experiments with emulsion explosives under dynamic pressure condition have been carried out both in iron pipes and in blast holes in rock. The main object was to study the critical amplitude and duration of the pressure causing the explosive to be dead-pressed.

Jan 1, 1993

By C. M. Badeen, J. Paige, W. Evans, L. McCauley, A. Caddies, I. Alilovic, R. Turcotte, C. O. Lyogun, C. Bonner

Gear pumps are very commonly used for the pumping of AN-water based emulsion products for both handling and blast loading applications. The potential major hazardous problems likely to be encountered with these pumps are: (i) high probability of friction; (ii) possibility of product confinement in the area of the bushings; (iii); high bearing failure rate; (iv) pump running dry; (v) presence of foreign material; (vi) deadheading of pump; (vii) delamination of elastomer from steel gears. Of all these possible scenarios, the no-flow situations where the pump is running dry or deadheaded have always been recognized as the most serious ones.

Jan 1, 2015

By R. D. Lindsay

Originally the focus of Deak Resources Corporation Business Plan was to establish a method for treating small gold and possibly base metal mineral deposits located in the Kirkland Lake - Noranda area of Northeastern Ontario, Northwestern Quebec at a central treatment facility. Since the establishment of this original business plan in 1988 other processing options have availed themselves for handling the base metal ores off site at a central facility which may preclude their processing at Deak.The site selected for the Deak processing plant was Kerr Addison's Virginiatown operation. At the time this property was acquired from the Receiver following Golden Shield Resources' Bankruptcy in 1989 the mill had been processing in the order of 1, 100 SDT per calendar day through one processing module; a module originally designed to process 1,500 SDT/day of a free milling gold ore. This tonnage level however had not been achieved since 1966 when an average throughput of 1481 SDT per calendar day was recorded.In order to realize Deak's overall Business Plan it would be necessary to expand the mills processing capabilities to provide:(1) A 2200 SOT per day circuit capable of processing a free milling, medium work index gold ore;(2) a 1 ,000 SDT per day flotation and/or cyanidation circuit capable of processing refractory gold bearing materials containing refractory minerals (i.e. copper) that should be removed prior to cyanidation; and possibly(3) a 1200 to 1500 SDT/day base metal circuit capable of processing the broad range of Deaks' Base Metal Property ores. If this circuit were introduced it would be completed in two tonnage phases.Further, it was recognized when operations resumed under Deak in 1990 that the existing tailings dam was suitable for, and had sufficient capacity for additional gold tailings with necessary physical modifications and changes in disposal techniques (including the construction of containment storage cells) that would allow storage for an additional 3.4 million tons of gold ore tailings approximately 1.0 million of which has been deposited since 1990. The focus of Deak's long term tailings disposal strategy is to acquire the Barber Lake Basin which is currently adjoined to our main tailings system which will provide an additional 10 million tons of storage capacity.

Jan 1, 1993

By G. Jalkanen

Dealing with a trend in inverse distance estimation, IWD, is presented. A measurement is proposed to be consisted of a portion due to a mean and a portion due to a residual. The procedure consists of de-trending the measurement via a linear or nonlinear regression. Residuals are computed, and IWD parameter estimation is conducted on the residuals. Estimation at un-sampled points is then computed by estimating the mean and adding on the estimate of the IWD on the residual. A possible BOXCOX transform is also proposed.

Jan 1, 2010

By J. F. T. Agapito

Energy West Mining operates the Deer Creek and Cottonwood/Trail Mountain coal mines in the Wasatch Plateau about 40 km (25 miles) southwest of Price, UT. The Deer Creek Mine extracts the Upper Blind Canyon seam and the Cottonwood/Trail Mountain Mine extracts the Hiawatha seam 12 to 36 m (40 to 120 ft) below. Both seams average about 2.8 m (9 ft) in thickness. Cover depths exceed 550 m (1,800 ft) in a large portion of the unmined reserve. Stability problems at Deer Creek are mostly due to coal bursts caused by high stresses associated with deep cover and sandstone channels. Most of the bursts have occurred in gate pillars and, to a lesser extent, at the longwall face and during development. The introduction of a two-entry gateroad system with 9-m- (30-ft-) wide yield pillars has been a major factor in controlling and minimizing gate pillar [ ] bursts (Agapito et al., 1988). However, some bursting began to occur in the 9-m- (30-ft-) wide pillars as cover depths reached 550 to 610 m (1,800 to 2,000 ft). This was due to more rapid and higher abutment loading in areas with very strong roof and stiff floor.

Jan 1, 1997

By Abid Adekunte

"Engineers and developers have witnessed the growing popularity of deep basement structures as components of urban commercial and residential developments. This is often attributed to inadequate surface parking facilities in urban centres and a somewhat popular belief that underground parking facilities improve both commercial and aesthetic values of urban structures. For many years, diaphragm walls and sheet pile walls have been widely accepted as effective deep excavation support systems for basement construction in urbanised zones. However, these are now being replaced by bored pile retaining walls as preferred earth retention systems of choice on many projects for several reasons, which may include economy, faster installation process, reduced space requirement for machinery and ancillary equipment, flexural rigidity and axial capacities.However, there are complexities associated with the use of bored pile retaining walls on urban developments. These include; limitations due to vertical and horizontal installation tolerances, which is a major issue when wall is required to provide groundwater cut-off for multi-level basements as tolerances are difficult to achieve for deep piles, uncertainty associated with the prediction of wall axial capacity as piles are rarely tested, difficulties in using temporary props as wall restraint due to restricted working spaces in urbanised zones and difficulties in adopting ground anchors as restraint due to the existence of adjacent sensitive structures in built-up areas. Such complexities have resulted in cases of failure, non-serviceability and abandonment of basement construction schemes. Therefore, overcoming the intricacies associated with the application of bored pile walls is becoming a priority to the present day basement engineer.This paper is centred on the numerical modelling, design, construction and monitoring aspects of four recent case histories of multi-level basement and marine engineering construction schemes in the United Kingdom and the Republic of Ireland, which involved the use of bored pile retaining walls. The paper highlights the various customised approaches and innovative novel solutions adopted on the sites, to mitigate risks and ultimately overcome the intricacies associated with the earth retention techniques. Simple empirical equations for developing the geometry of secant pile walls for effective groundwater cut-off are presented and validated. An alternative approach for predicting axial capacities of bored pile walls is also presented; this is shown to be considerably less conservative than a common routine design approach, while also in good agreement with observations made in a recent series of laboratory-based scale model tests."

Jan 1, 2017

By M Noppe, I Glacken

There are many critical nodes along the mine value chain, from orebody to mineral product, and inter-disciplinary input is required to analyse the variability and uncertainty at each node in order to identify and mitigate areas of risk. Mining differs from many other industries in that the variability in the product is dictated largely by the inherent nature of the input material (the orebody). The true characteristics, including the variability of the orebody, are never known exactly and are instead based on estimates derived from sample data. A further difference is that bottom-line gains are largely controlled by world commodity prices, which can vary with time, rather than by local supply and demand issues. Methods for identifying, reporting and responding to this inherently variable raw material are discussed. These include analytical and reporting methods, equipment and software, risk analysis and reality checks (eg reconciliation). Sampling results, mineral resource and ore reserve estimates and economic assumptions are a function of the variability of the orebody. Risk quantification should be expressed as a level of confidence, which takes into account the scale or period over which the risk is being assessed (life-of-mine, annual or shorter production periods) and should convey the likelihood, severity and consequence of occurrence of a given event. The future generation of mining specialists needs to understand the entire mine value chain to better manage risks and maximise mine dollar-value.

Jan 1, 2002

By S. O. Castro, R. E. González, L. E. Velasco, J. M. Van Sint, P. V. Lois

Abstract Several zones with expansive rocks were encountered during construction of two tunnels of the water conduction system for the Chacabuquito Hydropower Plant, located in the Aconcagua river valley of the Chilean Central Andes Mountains, at elevation 1.075 m a.s.l., and 65 km north-northeast of Santiago. The expansive behavior was associated to three different geological features. Firstly with the crossing of important north-south trending faults, with montmorillonitic and caolinitic fillings. Secondly to the presence of zones of rock mass showing a penetrative presence of clay minerals (montmorillonite, illite and caolinite) and penetrative thin veins of ceolites. And thirdly to the hydrothermal alteration of the rock and the consequent generation of clay minerals (predominantly montmorillonite, sericite and minor caolinite). The geological and mechanical characteristics of the expansive rock domains, as well as the field and laboratory reconnaissance and characterization program, are described in the paper together with the bases for design and the guidelines for construction and definitive tunnels support. Resúmè Pendant l’excavation des deux tunels du système d’adduction d’eau pour alimenter la centrale hidroélectrique Chacabuquito, plusieures zones de rochers expansifs ont été découvertes. Ces tunnels sont dans la vallée du fleuve Aconcagua de la Cordillère des Andes du Chili Central, à une altitude aproximée de 1.075m s.m.n. et à 65km vers le nord-nord-ouest de Santiago. Cette conduite expansive est associée à trois différentes caractéristiques géologiques du massif rocheux. Un premier lieu, à l’intersection de plusieures zones de failles, d’orientation nord-sud et subverticales, avec remplissage de rochers désintégrés, montmorillonite, caolinite et sérite. En seconde lieu, a la présence de zones de rochers expansifs, avec des nombreux minces veines de céolite-calcite et aussi des minéraux argileux (montmorillonite, illite et caolinite). Et, dans troisième lieu, dût à la présence de zones d’altération hidrothermale du massif rocheux et la conséquente génération de minéraux de remplacement argileux (surtout sérite, montmorillonite et en plus petit degré, caolinite). Les caractéristiques géologiques et géomécaniques des rochers expansifs, ainsi que la reconnaissance du terrain et les résultats du programme d’essais de caractérisation géomécanique du laboratoire sont décrits dans ce travail, ainsi que les bases de dessin et recommandations constructives pour placement du support définitifs pour ces tunnels Zusammenfassung Während der ausgrabung der zwei tunnels der wasserleitungssystem, um die Chacabuquito Wasserstromzentrale zu besorgen, wurden verschieden ausgedehnte gesteinadern gefunden Die beiden tunnels befinden sich im Aconcaguatal, wo der Aconcagua Fluss fliesst, auf einer Höhe von 1.075 m über dem Wasserspiegel und ca. 65 Km Nord-Nordest von Santiago entfernt, in mittleren Anden Cordillere (chilenische Gebirgskette). Drei verschiedene geologische merkmale dieser massiven gesteine können dieses ausgedehnte verhalten erklären. Erstens, hier befinden sich verschiedene und auch ganz wichtige

Jan 1, 2003

By O. Leuangthong, M. Nowak

"The impact of high-grade data on resource estimation has been a longstanding topic of interest in the mining industry. Concerns related to possible over-estimation of resources in such cases have led many investigators to develop possible solutions to limit the influence of highgrade data. It is interesting to note that the risk associated with including high-grade data in estimation appears to be one of the most broadly appreciated concepts understood by the general public, and not only professionals in the resource modelling sector. Many consider grade capping or cutting as the primary approach to dealing with high-grade data; however, other methods and potentially better solutions have been proposed for different stages throughout the resource modelling workflow.This paper reviews the various methods that geomodellers have used to mitigate the impact of high-grade data on resource estimation. In particular, the methods are organized into three categories depending on the stage of the estimation workflow when they may be invoked: (1) domain determination; (2) grade capping; and (3) estimation methods and implementation. It will be emphasized in this paper that any treatment of high-grade data should not lead to undue lowering of the estimated grades, and that limiting the influence of high grades by grade capping should be considered as a last resort. A much better approach is related to domain design or invoking a proper estimation methodology. An example data-set from a gold deposit in Ontario, Canada is used to illustrate the impact of controlling high-grade data in each phase of a study. We note that the case study is by no means comprehensive; it is used to illustrate the place of each method and the manner in which it is possible to mitigate the impact of high-grade data at various stages in resource estimation."

Jan 1, 2015

By James L. Poole

INTRODUCTION Companies in the mining industry are subjected at times to currency exchange rate risks and interest rate risks. The former occurs any time a firm deals in more than one currency. The latter occurs anytime a firm is financing itself with borrowings that have a floating interest rate (although a fixed rate can be a problem at times). FOREIGN EXCHANGE RISKS There are two general reasons why exchange rate risks (FX risk) can occur: First, a firm may be building a mine or plant in another country where financing for the plan is denominated in funds other than the country hosting the plant. For example, if a Canadian firm is building a smelter in another country which is being financed with Canadian dollars, the C$100 million for labor, which must be paid in the local currency, has subjected the firm to a C$100 million FX exposure risk. If after the cost estimates were made the local currency appreciates 30% against the Canadian dollar, the cost of labor has increased to C$130 million. (Of course, the local currency could also devalue during this period making the labor cost component less than estimated.) The other reason exchange rate risk arises is due to the fact that the costs of production in one country producing minerals may be incurred in one currency while the production is sold in another currency, such as coal being exported from Canada to Japan under contracts denominated in Yen. In this example, the Canadian firm is exporting coal to Japan and being paid in yen in 30 days at a contract price of 100 Y per ton. Furthermore, assume that the mining firm anticipates a depreciation of the yen against the Canadian dollar of 5% in the next 30 days. Therefore, the mining firm stands to lose 5% of the value of its shipment in a month's time not including carrying costs. In both cases, the mining company risks an adverse change in the exchange rate, that is, the currency the company holds may decrease in value relative to the other currency. There are a number of ways to mitigate the exposure to foreign exchange which can be utilized by the mining company. Optimally, a company should try to match all their inflows and all their outflows in the same currency. For example, if a Canadian firm has mining costs and debt service costs both denominated in Canadian dollars then 100% of their receipts would need to be in Canadian dollars. If a Canadian firm has 70% of its cash outflows in Canadian dollars and 30% of its cash outflow in American dollars in the form of a loan amortization then their receipts would need to be 70% in Canadian dollars and 30% in U.S. dollars. This general principle of matching cash receipts and cash costs in the same currency works fine in a perfect world but what of the real world when these cannot be matched? In actual practice, however, the financial markets have developed a number of ways in which foreign exchange risks can he managed or reduced. FORWARD MARKETS One method is to use the forward markets which are made on a world-wide basis by the commerical banks for foreign exchange. If a firm wanted to lock in the current exchange rate for the receipt of a foreign currency at some point in the future, they could do so by contracting on the forward market with a bank selling that foreign currency at the current rate at the future date. For example, assume that a Canadian firm is exporting coal to Japan which would pay yen in 90 days. If a firm wanted to lock in today's exchange rate they could contract with a bank to sell on the forward market yen in 90 days. When the yen was received the contract would be executed by selling the yen to the bank and receiving the previously agreed upon number of Canadian dollars. Generally speaking, the forward market can be used to sell forward about 12 months. The costs of selling (or buying) forward

Jan 1, 1985

By N. Sahay

Open fire in coal mines is one of the most serious threats to miners, as well as to the mine. Open fire can often be effectively dealt with by prompt local action, otherwise it very quickly becomes uncontrollable. In one incident, none of the available open fire control technologies, viz., water deluge and sprinkler systems, high-expansion foam, high-pressure high-stability nitrogen foam, water misting, and ventilation and pressure control techniques, were effective for saving the mine without sealing from surface, since the fuel-rich environment prohibited underground access due to the methane explosion hazard. The authors have developed a methodology for dealing with advancedstage open fires underground by the application of a modified ventilation control technique. It is based primarily on a better understanding of the behaviour of open fires, proper diagnosis of the problem, application of judicious ventilation control techniques, and selection of suitable fire indices for assessing the status of an open fire. This methodology was used to successfully control an open fire in Surakachhar 3 and 4 incline mine Surakachhar, central India. The fire area was sealed underground and production subsequently resumed in record time. The paper discusses the behaviour of open fires, particulars of the mine, diagnosis of the problem, experimentation methods, and the results obtained.

Jan 1, 2014

By Keet B. A, Waid J. S

The Gippsland Basin is one of Australia's most important producers of petroleum products. An inevitable byproduct of the production, refinement and transport of the millions of barrels of oil is thousands of tonnes of waste. These wastes are generated from the wellhead through to the petrol bowser and range from oily brines and coal tars to oil and petrol contaminated soils. The vast majority of these wastes are of a relatively low toxicity and most importantly are carbon-based and biodegradable. Current disposal practices tend to ignore the latter characteristic and inappropriate and/or expensive waste disposal solutions such as landfilling (tipping), incineration or ocean outfalls are the result. A very cost effective and environmentally friendly alternative is land treatment of such wastes. Landfarming, as it is called, has been successfully practiced in Europe for over a decade. Essential features of the system are: ò Application of a predetermined quantity of biodegradable waste in liquid, sludge or highly contaminated soil form, to pre-ploughed soil with concurrent addition of nutrients (N, P and trace elements) and lime to encourage bacterial activity. ò Harmless bacteria already present within the soil break down the carbon-based compounds into carbon dioxide, water and waste heat, WHILE concurrently generating new cells. The breakdown occurs over a period of weeks to months and continues with time with the extremely low levels of the more difficult waste types being the last to disappear. ò Further waste is applied to the soil at regular intervals. The treatment area may be dedicated to landfarming or may be used alternatively for agricultural purposes. Application rates vary but may be as high as 800 tonnes per hectare per year for wastes such as refinery sludges.

Jan 1, 1992

By Morrison K

This paper describes an approach developed by the authors for integrating social and environmental impact assessment (SIA and EIA) for mining projects. The approach is an evolving one and is based on experience gained over the past five years undertaking environmental and social impact assessment for a range of mining and other projects. The approach described is an attempt to systematise the various steps undertaken in impact assessment and the means of integration of the two approaches.

Jan 1, 1987

By James M. Riddle

A discussion of frequently asked questions may help individuals trying to interpret subsidence regulations or prepare permit applications. The subsidence permitting process involves just one part of the mass of Surface Mining Control and Reclamation Act regulations. But of the 18 main SMCRA sections, subsidence is critical to the permitting process for coal operators. It's an area in which applicants have had problems interpreting regulations and preparing permit applications. Of 22 western states, only Wyoming, Montana, Colorado, and Utah heave thus far received approval for their mining and reclamation plans. The other states are now involved in the permit application process and will be dealing with SMCRA regulations for the next year or so. Some state programs, when approved, may differ substantially from the federal SMCRA program. But, to be approved, the state programs must be deemed equal to or more stringent than the federal regulations. SMCRA regulations apply to any coal operation "that exhibits surface effects." Thus they apply to surface strip mines as well as underground coal operations. The regulations do not apply to hardrock mining operations. Since August 3, 1977, the government, industry, and the public have wrestled with SMCRA. They have struggled through an initial program with the US Geological Survey; a new agency, the Office of Surface Mining Reclamation and Enforcement (OSM); an interim program; and a "final" permanent regulatory program. Even now, OSM is reluctant to publish formal program guidelines because: •The regulations are still in the process of judicial review. • Some approvable state programs will supersede the federal regula¬tions. • The flexible regulations are open to interpretation, which is desir¬able to maintain. •Guidelines could be misleading until regulations and interpretations are revised and finalized.

Jan 12, 1980

By P. M. Lin

The problem of surface subsidence over abandoned mine lands is becoming more common due to the development of housing in suburban areas of abandoned mined lands. Subsidence can induce damage to estate properties, engineering structures and the environment. Houses, buildings, roads and utility pipelines may be fractured or broken or may collapse due to subsidence. The ground surface may be depressed and sink gradually or suddenly. The surface and subsurface water flow may be disrupted causing a change in flow pattern or depression of the water table. However, techniques for predicting abandoned mine subsidence are not yet well developed. Presently, one cannot predict when and where mine subsidence will occur. People have to wait until it occurs and then apply a suitable measure to remedy the damages.

Jan 1, 1990

By I R. Souza

At the mining industry, there are several uncertainties that may affect the mobile mining equipment fleet sizing and usage, such as commodity supply and demand, which impacts the mineral price, environmental licenses to allow operations and strategic decisions made by the own mining company. Due to that, it may happen to acquire a mobile mining equipment for a specific site and before it finishes the entire forecasted life cycle, the machine gets idle on that operation and a decision must be made regarding this matter. On large mining companies with several sites, equipment transfer provides a good solution to solve this issue and at the same time it provides operational flexibility and allows to use the equipment until the initially planned working hours. This article presents a method to compare technically and financially whether it’s more feasible to transfer a used equipment or to buy a new one. In other words, we will compare a brand-new machine versus a used one in terms of safety, net present value (NPV) considering both capital expenditures (CAPEX) and operational expenditures (OPEX), technological obsolescence, risks, equipment maintenance reliability and lead times. Although it’s not the main purpose of the paper, it will also be briefly discussed the importance of having a considerable amount of backup equipment to handle low likelihood and high consequence risks that may materialise. This backup equipment portfolio is particularly important to avoid loss of sales and profits in case the production plan changes and it demands further equipment than initially planned to cope with the forecasted production.

Nov 8, 2021