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By Júlio C. Lúcio

Consider the case of a mining company with N investment opportunities in projects of different commodities. The problem is: since the company has limitation of capital, equipments, technical staffs, etc, what is the best portfolio of production projects in order to maximize expectations from shareholders? In the no-longer past, the traditional method for the selection of portfolio of projects was the rank-an-cut method. But, this does not properly account for the risk to which the company is exposed. The Markowitz?s Mean-Variance is an advance because the risk of the NPV can be estimated at the level of the company or even division of the corporation. The final product of the Markowitz?s model is the efficient frontier, in which, the manager can clearly understand the maximum return from existing assets and the associated risk level - but this model does not recommend which one is the best portfolio. In this paper we present a model to select the best portfolio considering not only economic indicators, but also requirements of production, constraint in investments, etc. We show that if investors are diversified, managers should select projects with highest return, regardless of risk. However, in practice, if bonuses of managers are tied to their performance, the choice for portfolio with lower return and risk can happen. Numerical application considering typical portfolio of large mining company is used as example.

May 1, 2009

By James H. Jolly

Although zinc in the environment is generally considered to be beneficial or benign, excessive amounts can cause deterioration of environmental quality and toxicity problems for some plants and animals. High amounts of zinc in the environment are often associated with anthropogenic activities, mainly those involving zinc production and consumption and those related to the use and disposal of zinc-containing products. To obtain some upper limit parameters on the historical quantities of zinc chat may have entered the U.S. environment from anthropogenic sources, the Bureau of Mines conducted a materials flow study of zinc from the earliest beginning of the domestic industry through 1990 and for the year 1989. For comparative purposes a generalized historical materials flow of zinc for the world was also prepared. The United States was the world's leading producer and consumer of zinc in the 1850-1990 period. In that period, U.S. mines and smelters produced 15% and 20%, respectively, of world output, and U.S. zinc consumption accounted for about one-fourth of the world total. Maximum zinc losses into the environment related to the above production, consumption, and disposal of end use products total about 63 million tons. Dissipative uses and landfill disposal have accounted for about 73% of the potential zinc losses to the environment, followed by mining and smelting 22%, and manufacturing, 5%. At the end of 1990, contained zinc in useful end-products in the United States was estimated to be about 23 million tons. In 1989 slightly more than 1 million metric tons of zinc in new zinc-containing products were added to the domestic pool of zinc in use but in the same year, an estimated 0.9 million tons was dissipated and discarded, indicating only small net gains to the zinc pool of use annually.

Jan 1, 1992

By C Ferron, R Massimi

There is approximately 240 000 tonnes of arsenic trioxide dust stored in underground chambers at the Giant Mine in Yellowknife, Northwest Territories, Canada. To minimise the amount of arsenic released to the environment, a number of closure alternatives are being considered. One alternative is to mine the dust, encapsulate it and dispose the mixture into a secured landfill. The potential leaching behaviour of the encapsulated dust was examined in a laboratory programme. Cylinders of arsenic trioxide dust mixed with cement/aggregate and bitumen were prepared. The dust content varied between zero per cent and 60 per cent of dry weight charge. The cement cylinders were tested for strength, leaching and freeze/thaw durability. The bitumen cylinders were tested for leaching only. The results show that increasing dust content in the cement cylinders negatively impacts the strength and the freeze/thaw durability of the samples. A contributing factor is likely the high water to cement ratio in the samples. Leaching tests show that arsenic release from cement cylinders increase with increasing dust content. Arsenic concentrations in leachates do reach a plateau at a certain point in time. Arsenic release from bitumen cylinders was significantly lower compared to cement cylinders. Arsenic concentrations eventually were less than 0.05 mg/L in samples containing up to 25 per cent arsenic trioxide dust. Arsenic leaching rates were found to decrease by an order of magnitude over the course of three months.

Jan 1, 2003

By G Gosson

An important requirement in every geological quality control program is that the identity and grades of the control samples (duplicates, certified reference materials (CRMs), and blanks) must remain æblindÆ to the analytical laboratory. Once the entity to be controlled is aware of relevant details of the control process, such as the identity of the control samples, the objectivity may be lost and the control may no longer be completely valid. Whereas the blind insertion of field duplicates and coarse blanks can be easily conducted at site, simultaneously with the sampling process, the rest of the control samples should be inserted into the batches during or after sample preparation and prior to assaying, in order to ensure a proper assessment of precision, accuracy and assay contamination, independent of the internal quality control of the laboratory. Such a procedure raises the concern that blind insertion of crushed or pulverised material in sample batches prior to assaying could represent a breach in the chain of custody principle, as samples would have to be temporarily returned to the custody of a non-laboratory person in charge of the insertions. In this seemingly conflict scenario, what should we give up? Do we maintain the strict chain of custody, knowing that the laboratory will be aware of the identity of some of the control samples, or that some duplicates will not be true same-batch duplicates? Do we ignore chain of custody issues to maintain the anonymity of the control samples and insert blind same-batch duplicates, CRMs and blanks? Is it possible to do blind insertions without breaching the chain of custody? Current NI 43-101 and JORC requirements, as well as real-world QA/QC and sample security practices, are discussed in light of AMECÆs approach to the solution of this apparent dilemma.

Jan 1, 2008

By F. R. Morral

INDUSTRY has yet to find a universal solution to the problem of engineer personnel selection. Today, the choice of the right man for the right job is even more pressing than ever before. The age of the hard apprenticeship seems to have passed. In its place one finds the interviewer who must determine through personal contact and evaluation of college grades whether a graduate engineer will fit into his company's scheme. The problem, as it is constituted today, may be broken into four parts: Need for better use of human resources (there is a shortage of engineers, scientists, and skilled workers), productivity with higher efficiency, encouragement of personal pride in work performed, and employee's happiness on the job and away from it.

Jan 4, 1953

By Bertrand L. Johnson

Barite, the natural sulfate of barium (BaSO4), is the most important barium mineral. Normally it is white (opaque to translucent), but impurities sometimes render it yellow, gray, blue, brown, red, or black. Brown or red stains are commonly caused by iron oxide. Barite is unusually heavy (specific gravity, about 4.5); in fact, it is one of the heaviest of the nonmetallic minerals. It is brittle and fractures unevenly. The hardness of barite ranges from 2.5 to 3 but is usually about 3. It can be scratched by a copper coin. Pure barite contains 65.7 percent BaO and A.3 percent S03. Much of the crude barite ore mined, however, contains impurities; thus it has a lower content of barite and consequently less barium oxide. Commercial analyses show its total BaSO4 content. Barium also occurs in nature as the mineral witherite (BaCO3), which, however, is not common in the United States, and commercial deposits have been found only in California. Witherite is a yellowish-white, light-gray, or Kite mineral with a specific gravity of about 3, a hardness of 3 to 4, and an uneven to subconchoidal fracture.

Jan 1, 1941

By R. Singh, M. Roy, D. Singh

Success of a blasting pattern in Blasting-off-the-solid (BOS) in Bord (Room) & Pillar method of coal mining is judged by the percentage of pull achieved vis-à-vis the yield of coal produced in a blasted round. Improper blast design and distribution of explosives in shot holes normally causes poor breakage i.e. a major portion of shot holes left unbroken resulting into reduced yield per blast. Over and above the disturbance to the roof is also due to excessive vibration caused by explosive energy not properly utilized in fragmentation.

Jan 1, 2003

By Robert A. Westin

Polychlorinated Biphenyls (PCBs) have been widely used as fire resistant dielectri coolants in electrical equipment used in mining applications, including transformers capacitors, electric motors, and electromagnets. In addition, PCBs have been used in hydraulic fluids and heat transfer fluids, and are present in many oil filled transformers. The Environmental Protection Agency recently banned the manufacture of PCBs and equipment using PCBs, and imposed strict requirements on the continued use and disposal of existing PCB equipment. This manual discusses the EPA requirements, suggest ways to decrease the risks resulting from continued use of PCB equipment, and surveys the non-PCB equipment that is available as replacements for the PCB electrical equipment presently used in mines.

Jan 1, 1979

By M. Wright, A. H. Mwale

Opportunities to promote enhanced eco-efficiency (i.e. the simultaneous improvement in economic and environmental performance) for the minerals industry exist across the whole value chain. However, given the current operational models of major companies within the industry, and their focus on refining of primary ore bodies, it is important to understand where such opportunities might lie within minerals beneficiation, as it is here that major environmental pressures are felt. This paper examines the combination of unit technologies in a minerals beneficiation train, and explores the inter-relationship between energy input and water consumption for a given mineralogy and product recovery, as these are two critical environmental issues which affect the overall viability of many minerals plants. In particular, we review constitutive relationships for each of the sub-processes of comminution, flotation, and tailings dewatering, and suggest how these might be integrated into a unified hybrid model, with particle size distribution as the key design variable. Such a model can then be used to explore the trade-offs between different performance objectives (be these technical, economic or environmental) as part of a multiple-objectives optimisation exercise. In this way, it may become practical to envision situations in which concentrate grade and recovery are sacrificed, marginally, in order to reduce energy demand in comminution, and improve overall water recovery. In addition, this work provides a useful baseline against which to analyse the potential for dry processing. This becomes more relevant as the industry commits to advancing the sustainable development agenda in the face of the increasing life -cycle costs and impacts of minerals processing operations, coupled to declining ore body grades, and the desire to maximise recovery of minor and trace elements. Some specific observations for copper are offered, supported by operational data from Zambian copper mines.

Jan 1, 2003

By Sun Chuanyao, Jia Muxin

Generally, if the bond valence (BV) between metal ion and oxygen of the mineral is greater than 0.8, only surface species –Me-O-H or –Me-O exposures on the mineral interface, if the BV is between 0.2-0.8, the metal ion exposures on the interface, and if the BV is less than 0.2 the metal ion dissolves into water. The PZCs of oxide minerals and island silicate minerals are determined by the bond valence of the bond in the mineral crystals, the higher the bond valence the lower the PZC of the mineral. So the PZC sequence of Al2SiO5 minerals is kyanite> andalusite> sillimanite. The general rule for framework silicate minerals is as: The higher the Al content, the lower the PZC of the mineral, when the ratio of Al to Si in the tetrahedron skeleton is below 1:3. The higher the Al content, the higher the PZC of the mineral, when the ratio of Al to Si in the skeleton is between 1:3 and 1:1. The general rule for layer silicate minerals is summarized as: the three-layer silicate minerals have much lower PZCs than that of the two-layer silicate minerals. The threelayer silicate mineral with the octahedron layer occupied by lower charged cations has lower PZC than that of the three-layer silicate mineral with the octahedron layer occupied by higher charged cations. The twolayer silicate mineral with the octahedron layer occupied by lower charged cations has higher PZC than that of the two-layer silicate mineral with the octahedron layer occupied by higher charged cations. The layer silicate mineral with Al substitution in the tetrahedron layer has lower PZC than that of the layer silicate mineral without Al substitution in the tetrahedron layer. Such pyroxene minerals whose M1 is occupied by a trivalence cation and the M2 is occupied by a monovalence cation has lower PZCs than those both M1 and M2 are all occupied by bivalence cations. Such hornblende minerals whose M2 is occupied by a trivalence cation and the M4 is occupied by a monovalence cation has lower PZCs than those both M2 and M4 are all occupied by bivalence cations. There is no Si4+ or 4 coordinated Al3+ exposures on the surface of framework silicate minerals, the metal ions of three layer or chain silicate minerals are compact between tetrahedron layersor chains, they hinder the metal ions to interact with oleate acid radical, the metal ion octahedron layer exposures on the surface of a two layer silicate mineral, but the the oleate acid radical can not attach to a metal ion by replacing a –OH- that connects three metal cations in the same time, So the floatability of such silicate mineral is bad. The metal octahedron chain style of an island silicate mineral affects it floatability, the mineral exposures octahedron chain metals with two dangling bonds in two directions floats better than the mineral exposures octahedron chain metals with two dangling bonds in one direction.

Jan 1, 2003

By Goodman, Richard E.

A complete rational analysis for design of excavation slopes and loaded rock masses is a desirable but perhaps unattainable goal. Irregular external and internal boundary conditions, poor understanding of failure criteria for large masses of rock, capricious material properties, and the importance of indeterminate forces and inaccessible and virtually un- sampleable rock defects emphasize the importance of experience in this aspect of rock engineering. The experience must be correlated with geological factors. In certain regions the accumulation of such experience through the observation of existing rock slopes in various formations constitutes an important aspect of studies for design of rock excavations.

Jan 1, 1969

By J. W. Walkiewicz

Studies were conducted by the Bureau of Mines to develop a method for fabricating Sm-Co permanent magnets. This method consisted of arc-melting, crushing and grinding the alloy, alining and pressing the powder, and sintering the green compacts. Results indicated that the optimum composition was 36.7±0.3 weight-percent Sm and 63.3±0.3 weight-percent Co. This composition was obtained by blending together Sm2C07 and SmCo5. The maximum values exper¬imentally obtained were MHC = 27.4 kOe, BHc = 7,510 Oe, Br = 7,810 G, and (BH)max = 15.1 MGOe. The optimum sintering temperatures and grinding times for maximum MHc and (BH)max were determined. Lowering the grinding temperature from 0° C to -60° C resulted in a significant increase of magnetic properties.

Jan 1, 1973

By J. L. Goen

The Saint Joseph Hospital of Bellingham is located on a site underlain by glacial outwash. The construction of a five-story tower addition above an existing two-story wing was supported by five large trusses that impose a 1600 kips (7117 kN) column load on five pile caps in the courtyard of the hospital and on the new pile caps inside the existing MRI laboratory. The exterior columns of the trusses and the new parking garage addition were supported on conventional auger cast piles installed with conventional equipment. Helical Pulldown® micropiles were selected for use in the courtyard and the MRI laboratory because lightweight installation equipment (maximum unit weight of 7.5 kips (33.3 kN)) had to be used and it was required that no spoils be produced. The installation equipment was lifted into the courtyard by the jobsite crane. Sixty Helical Pulldown micropiles were installed for the pile caps in the courtyard. The pile caps inside the hospital were supported on 240 Helical Pulldown micropiles. Initial compression test indicated an allowable load for the micropiles to be 55 kips (244 kN). However, retest at a later date resulted in an increased allowed design load to be 85 kips (378kN) reducing the number of micropiles required by more than fifteen percent.

Jan 1, 2004

By Kara A. Teacoach

Current regulations for fire suppression systems in underground coal mines to protect conveyor belt installations have been in place since the Coal Mine Health and Safety Act of 1969 was enacted. Over time, the coal conveyer equipment being used and ventilation conditions underground have changed significantly, particularly the width of the conveyor belts and the use of belt air at the face. The effect of these new conditions on the effectiveness of suppression systems during a fire is not known. The National Institute of Occupational Safety and Health (NIOSH) conducted a study to evaluate the effect of air velocity, water sprinkler activation temperature, and a limited water application time on the effectiveness of water sprinkler fire suppression systems to extinguish large-scale conveyor belt fires. The fire tests were conducted using both new and used 1.8-m-wide, fire-resistant rubber belt that met the Mine Safety and Health Administration (MSHA) flame resistant requirement specified in Title 30, Code of Federal Regulations, part 18, section 18.65 (also known as the 2G test). Tests were conducted using standard response sprinklers with activation temperatures of 68 °C and 141 °C at air velocities of 0.5 and 5.1 m/s. Two tests were conducted at both air velocities for each sprinkler activation temperature, one using a new belt and one with a used belt. The results showed that the suppression system was able to suppress the fires in ten minutes to the point that a miner could extinguish it with a fire hose. However, in several of the tests, the fire reestablished itself a few minutes after the sprinkler water supply was cut off and quickly grew out of control. This report discusses the large scale experimental configuration, the installation specifications of the fire suppression system, and the results and conclusions regarding the effect of air velocity, sprinkler activation temperature, and limited water application on the suppression system performance.

Jan 1, 2010

By J Lea, P Hatherly, J L. Edwards

Coal exploration has traditionally involved the acquisition of data to enable a resource to be quantified and qualified to the extent that its economic potential can be determined. This process commonly relied on: drilling to determine the depth and thickness of coal seams, broad characterisation of the overburden and interburden, and to provide cores for coal quality analyses; basic wireline logging to cross-check the depth and thickness of coal seams and provide some indication of rock mass strength; and basic surface geophysics and remote sensing to identify major geological structures. In recent years, the adoption of the JORC Code as a basis for the reporting of resources and reserves has placed a greater emphasis on the need for detailed, reproducible data sets that not only satisfy the traditional requirements of mine planners, but also satisfy the governance requirements of corporate and financial institutions. Similarly, the development of sophisticated numerical modelling techniques for use in both open cut and underground mine design, has seen a greater demand for precise geotechnical data, in situ stress characterisation and hydrological information as routine input to the design process. These requirements, coupled with the prevailing trend toward high capital, relatively inflexible mining techniques less tolerant of geological surprises, and the need for consideration of environmental issues such as groundwater impacts and surface subsidence, requires that modern exploration programs be multifaceted, and designed to commence capturing data relevant to ædownstream issuesÆ even during the initial phases of exploration planning.

Jan 1, 2009

By D. W. Davis, P. Landais, L. J. Robb

Abstract -Nodules of carbonaceous matter have been observed in several Archaean peraluminous granites adjoining the gold- and uranium-bearing Witwatersrand Basin. These nodules, which resemble solid bitumen, usually replace uraninite or uranothorite and are paragenetically late. They show many similarities to kerogen seams and nodules associated with the conglomerate horizons in the Witwatersrand Basin, including composition, maturation, intimate association with uraninite, and a late paragenesis. U-Pb isotope ratios for granite-hosted and Witwatersrand kerogens define a single, albeit somewhat diffuse, Pb-loss discordia suggesting an upper intercept age of circa 2300 Ma. Carbon isotope analysis indicates lighter ?13C values for the granite-hosted nodules than for the sediment-hosted kerogen seams. Raman spectroscopy indicates that granite-hosted kerogen is more highly ordered than Witwatersrand seam kerogen. A model is presented which links the granitoid­ and sediment-hosted organic matter to an event of oil generation in the Witwatersrand Basin circa 2300 Ma ago. Light hydrocarbons migrated through the sediments and into underlying/adjacent granitic rocks, undergoing polymerization and accumulation in response to radiation accompanying the presence of high-uranium phases.

Jan 1, 1994

By M. Drozd, A. Ibrado, P. Butcher

While effective in treating refractory sulfide ores, pressure oxidation leaves carbonaceous matter unscathed and able to adsorb gold from cyanide solutions. Barrick Goldstrike's strategy to mitigate this problem is to minimize contact between dissolved gold and native carbon in advance of the carbon-in-leach (CIL) process. Measures currently in use include limiting carbonaceous matter in the plant feed by meticulous blending of ore, controlling the degree of oxidation in the autoclaves and blinding native carbon surfaces with lauryl sulfate. The presence of residual cyanide and thiocyanate in the process water remains to be a cause of premature gold dissolution and loss of gold by adsorption on carbonaceous matter. This cyanide is introduced by water that is recycled from the tailing pond. Of several treatment options considered, oxidation by peroxymonosulfuric acid, also known as Caro's acid, is deemed to be the most effective. Laboratory and pilot plant tests show that Caro's acid can oxidize free cyanide, weak¬acid-dissociable (WAD) cyanide and thiocyanate, resulting in significant improvements in gold recovery downstream. The process requires Caro's acid at 125 % of the stoichiometric requirement and pH in the range of 9.5 to 10 to accomplish the desired destruction in about twenty minutes. A cyanide destruction plant is currently being designed and construction should be completed by the end of 2005.

Jan 1, 2005

By A. M. Ghodgaonkar, P. J. Bhonde, R. D. Angal

Primarily ferrochrome is used to introduce chromium into steels and alloys. Chromium enhances hardness, hardenability, corrosion, abrasion and wear resistance of the steel. High carbon ferrochrome is one the cheapest sources of chromium, which finds large consumption in foundries and steel plants. However, carbon leads to problems viz. weld decay and sensitization of steels at elevated temperature causing catastrophic failure. Thus high carbon ferrochrome which otherwise enjoys financial edge over its low carbon grade is not suitable for final alloying or adjustment of chromium content. Subsequently, its addition burdens a steel maker. Hence, metallurgists around the globe have researched on finding out suitable technique for refining of ferrochrome. Traditional production methods of low carbon ferrochrome have drawbacks i.e. high refractory consumption, losses of chromium in slag and fumes etc-. Later these were overcome by adopting relatively new methods namely, metallothermic reduction, triplex process, vacuum technique to directly produce extra low carbon ferrochrome. Authors have carried SWOT analysis of the aforementioned techniques in the literature. Key Words: Ferrochrome, carbon content, low carbon grade, chromite, sensitization

Jan 1, 2007

By A. Uiga

The U.S. Bureau of Mines funded a project which addressed objectives concerning irrigation of native plants and inoculation of native plants with vesicular-arbuscular mycorrhizal (VAM) fungi. The specific irrigation objectives were 1) to demonstrate the performance capabilities of solid-set irrigation for reclaimed mineland conditions, and 2) to demonstrate and evaluate three irrigation concepts under two separate water supply conditions. The VAM inoculations were to assess irrigation benefits in establishing VAM relationships for transplanted native species. Following the seasonal demonstration (May to September 1983) at 3 separate mine sites, conclusions were made that apply to the 6 state Western mining industry. The demonstration sites were located in Montana, Wyoming, and New Mexico. Positive conclusions were reached for 1) the use of soil moisture sampling with or without irrigation, and 2) the selection of solid-set sprinklers as the irrigation method. The conclusions about the irrigation concepts and strategy were mixed, due to the short-term (1 season) nature of the project. No conclusions could be reached for the VAM inoculations because the study time was too short.

Jan 1, 1984