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By G. Le Bel

The paper proposes three methods to determine optimum lifetime of a mining project1. The conclusion is that the three methods arrive at the same optimum production rate (by coincidence). It is also stated that: "The stochastic and option pricing models, in addition to providing a more realistic optimum mine life than the traditional NPV (net present value) calculation, showed that the example project has the potential for substantially higher return. By explicitly considering a project's potential risks, the stochastic or option pricing techniques can more accurately describe its probable investment performance." This discussion is intended to demonstrate that: • It is no coincidence that the three methods arrive at the same optimum production rate. • The stochastic and option pricing models do not provide a more realistic optimum mine life than the traditional NPV calculation. • The potential for a substantially higher return is misrepresented. First, a review of investment decision theory in mining is needed. Net present value is the preferred performance measure because of the flexibility offered when comparing various alternatives. However, it presents the following disadvantages: • The discount rate selection is not straightforward. • The NPV obtained represents a deterministic characterization of the variables included in the cash flow calculations, i.e. a single-point estimate.

Jan 1, 1993

By C. Thomas Hillman

The practical concern of economic minability of large, high-grade manganese nodule deposits in the northeast Pacific Ocean is addressed in this Bureau of Mines report. Principal objectives are to (1) estimate tonnage and grade of deposits with significant potential and (2) describe and estimate profitability of operations designed to mine and process deposits with greatest apparent potential. Analysis of data from over 800 ship stations identified three areas for detailed study. Average metal contents of these areas range from 1.30 to 1.45 wt pet nickel, 1.00 to 1.24 wt pct copper, 0.21 to 0.26 wt pct cobalt, and 26.8 to 27.8 wt pct manganese. Estimated recoverable nodule resources are 67.0, 66.9, and 148.8 million dry metric tons (t). A system to mine, transport, and process nodules from the three sites is described and costed. Although hypothetical, the system utilizes hydraulic mining and Cuprion (Kennecott) processing, which have been successfully tested at pilot scale. Nickel, copper, and cobalt are the three primary products, but ferromanganese is a considered option. Estimated capital requirements are approximately $1.5 to $1.7 billion for three-metal production. If ferromanganese were recovered, an additional investment of about $130 million would be required. Operating costs range from $71 to $83 per dry metric ton of nodules without manganese, and from $103 to $123 per dry metric ton with ferromanganese. Discounted cash flow analyses predict low returns, ranging from 2.7 to 5.2 pct with ferromanganese and from 4.1 to 6.0 pct without.

Jan 1, 1983

By Steven D. Knudsen, Dale S. Preece

Computer modeling of the blasting process can aid in gaining an understanding of the physics controlling the process. The sequence of events in a blast occur so rapidly and in such a violent environment that measurements are still difficult to obtain. Computer modeling using a program such as DMC [Taylor and Preece, 1989a, 1989b] can provide insights into the physics of the rapid and violent events associated with a blast. DMC has been used to simulate crater blasting @‘teece, 199Oc] and the blasting of Oil Shale for modified in-situ retorting [Freece, 1990a, 1990b]. This paper will address the influence that damping has on the velocity distribution in the rock mass during the rock motion phase of a blast. Since velocity distribution is a controlling factor of muck pile shape, damping also conbibutes to muck pile shape.

Jan 1, 1992

By Attie J. Goosen, William L. Spiteri

Although the physical characteristics of ANFO made from porous prilled ammonium nitrate (PPAN) have been altered by the addition of crystal modifiers, the optimisation of prilling processes and the admixture of waterproofing agents, the sensitivity of this explosive has not been modified on a commercial scale in the 40 years since its accidental discovery.

Jan 1, 1995

Uranium mining remains controversial in many parts of the world, especially in a post-Fukushima context, and often in areas with significant uranium resources. Although nuclear proponents point to the relatively low carbon intensity of nuclear power compared to fossil fuels, opponents argue that this will be eroded in the future as ore grades decline and energy and greenhouse gas emissions (GGEs) intensity increases as a result. Invariably both sides fail to make use of the increasingly available data reported by existing uranium mines through sustainability reporting ? allowing a comprehensive assessment of recent trends in the energy and GGEs intensity of uranium production, as well as combining this with reported mineral resources to allow more comprehensive modelling of future energy and GGEs intensity. In this study, detailed data is reported for numerous uranium mines around the world, including production, energy and GGEs intensity and reported mineral resources. An important aspect included ? arguably unique and never before published ? is the relationship between ore grade and recovery, which is crucial in future projections of uranium mining. Overall, the paper shows the importance of continuing to improve reporting by the uranium sector as well as the ability to analyse key trends and future projections in energy and GGEs intensity of uranium production.

Aug 1, 2013

By M. N. Chandraprabha

This paper discusses the role of mineral-adapted acidiphilic microorganism Acidithiobacillus ferrooxidans on the beneficiation of arsenopyrite containing multisulfides (pyrite and chalcopyrite). Adaptation to minerals altered the surface properties of the microorganism. Bacterial adaptation to arsenopyrite and controlled bacterial adhesion to mineral surfaces lead to selectivity in arsenopyrite separation. Bioremoval of arsenic ions (both arsenite and arsenate ions) by Acidithiobacillus ferrooxidans is also discussed.

Jan 1, 2009

This publication is provided on an "as is" basis without warranties of any kind, either expressed or implied including, but not limited to warranties of title or implied warranties of merchantability of fitness for a particular purpose. The information contained in this publication is for general information purposes only. It does not constitute professional, technical, financial or other advice to the user of this publication and must not be relied upon as such by any person whatsoever. The use of this publication is at the users own risk. The authors/creators of the information contained in this publication have tried to ensure that the information contained herein is correct, but errors or inaccuracies may exist or the information may be incomplete, unreliable or no longer up to date. Therefore, no warranties of any nature whatsoever are given and any liability to any person in respect of anything and in respect of the consequences of anything done or omitted to be done, wholly or partly in reliance upon the whole or any part hereof, are disclaimed, including and without limitation any contractual, dialectal, direct, consequential or financial damages or losses. On no account will Organisers and/or any of the contributors or any person or entity involved in creating, producing or distributing the information and or software available in this publication be liable for any such damages arising out of the use of or inability to use this publication. Copyright Reserved The South African Institute of Mining and Metallurgy P O Box 61127, Marshalltown 2107, South Africa www.saimm.co.za All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical photocopying, recording or otherwise without the written permission of the copyright owner. Although the greatest care has been taken in the compilation of the entire contents, the editors and publishers do not accept responsibility for errors or omissions. First Edition Copyright February 2004 Proceedings ISBN: 0-9584663-5-1 (1 volume and CD-ROM)

Jan 1, 2004

We had a cold, gray winter here in Kansas City and I spent a lot of time watching out my den window at the squirrels and birds trying to get by in the lousy weather. I remember too well working in the cold, loading shots. I was frostbitten several times since I couldn’t tie in MS connectors with gloves on. Those old connectors had a piece of detonating cord on either end of a metal tube that held the delay and you tied them to the trunk lines with square knots. Doing this on a “warm” day in Alaska or Montana shooting ditch for a pipeline could be a frosty experience. Also remember how hard it was to connect up electric caps (detonators to you new guys) in the cold. Now I don’t want you to feel sorry for me ‘cause I suspect most of you younger fellows have also paid your dues in the cold and for that matter in the heat too. Wowee, the heat at the bottom of a Chicago dolomite quarry in August was enough to fry the brains of all that were there. Maybe that’s why the third deck of my brains doesn’t exist.

Jan 1, 2004

By S. Lähteenmäki, P. Koivistoinen, J. Levanaho

Semi Autogenous Grinding (SAG) circuit is the most common grinding circuit to day. In Europe and South Africa fully autogenous (AG) circuits are also popular. SAG circuit has a lower capital cost and simple operation. SAG circuit requires the use of grinding balls, which increases operating costs and decreases availability. An AG circuit may produce a higher Net Present Value to the investment. The AG circuit is more complex to design and operate. However, operating experience from AG circuits illustrates that an AG circuit can be as trouble free as a SAG circuit with the benefit of lower operating cost.

Jan 1, 2001

By J Zhou, D M. Hunter, S M. Iveson, K P. Galvin

The REFLUX Classifier is used to perform particle separations on the basis of density utilising a set of parallel inclined channels positioned above a vertical fluidised section. In continuous mode, feed enters part way up the vertical section, while fluidisation water is introduced from below. Lower density particles are conveyed upwards and collected in an overflow stream, while high density particles segregate onto the inclined surfaces, settle to the base of the system and empty via an underflow stream. Pressure transducers are used to measure the suspension density in the vertical section. This suspension density is maintained by a pneumatically controlled underflow valve to maintain a target suspension density or ‘set point’.Previously, Galvin et al (2010) demonstrated the significant improvement achieved via a new laminar-shear separation mechanism, achieved by utilising closely spaced inclined channels in the REFLUX Classifier. For the separation of low-density coal particles from mineral matter, a channel spacing of 6 mm proved effective; however, for the separation of gangue minerals from much higher density minerals such as iron ore, the shear-induced lift needs to be even higher. In this paper, we examine the influence of two different channel widths on the continuous processing of an industrial iron ore feed in the REFLUX Classifier. It was found that when moving from 6.0 mm to 3.0 mm channels, the ability of the system to reject coarser gangue material and retain finer high density material across a particle size range from 0.125 to 1.0 mm was increased, resulting in a higher grade product.CITATION:Hunter, D M, Zhou, J, Iveson, S M and Galvin, K P, 2017. Influence of shear rate on separation of iron ore fines using the REFLUXTM Classifier, in Proceedings Iron Ore 2017, pp 205–210 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By Steven B. Van Kouteren

Value added is a loosely used qualifier in the industrial minerals industry. What exactly does it mean? What does it take to make a value-added product? More importantly, how does a company maintain the value added to its products? Most people agree that value-added means the value of a mineral minus the cost to produce it. This is misleading, though, because producing value-added products does not necessarily guarantee the profitability of the products. In some cases, firms that make value-added products are not very profitable. It is important not only to understand how to make a value-added product but also how competitive forces in the market can erode the value added. Therefore, when looking at value-added opportunities, producers must understand how to obtain the value added and how to maintain that value. Four major factors limit a company's ability to add value to its products. This paper examines these factors. It uses the ground calcium carbonate and mica industries as examples.

Jan 1, 1990

By Didier Kasongo NYEMBWE

The paper circumscribes the base metal casting industry in Southern Africa. It essentially consists in the founding of copper and zinc alloys. The challenge related to the scarcity and the unaffordable quality patterns and dies faced by the industry is discussed. New manufacturing technologies for foundry tooling called Rapid Prototyping that can possibly be used to alleviate the above mentioned challenge are then presented and their benefits assessed.

Jan 1, 2007

By A. C. Moorgas, J. Divall

This study investigates the feasibility of using waste iron slag, the by-product from a mineral sands processing works, in road construction. The study includes the different options investigated for the treatment of a leachate that is produced during the cooling of the iron slag, prior to processing. It also reviews the reasons for choosing the current treatment option that is being trialed. Cooling the iron slag with water results in the formation of a leachate with a high pH and high sulphide concentration. This leachate can seep into the ground and, over time, it will contaminate the ground water. A system was designed to collect and treat the leachate to prevent contamination of surrounding natural water sources. Numerous leachate treatment options were investigated to find cost effective method of treatment After cooling, the iron slag is passed through an iron recovery plant and the unsaleable product is placed on a dumpsite. Rain percolates through the dumpsite, which can result in the formation of a leachate that can contribute to a contaminated plume. After extensive testwork, it was found that the dumpsite, which was leached of contaminants, could be screened and used as a G5material (specifications in Table II) in road construction. The initial challenge was to establish that this material was environmentally safe for use in this particular application. Approval from the Department of Water Affairs (DWAF) was required for the testwork and then for the long-term use of this material in the construction industry. The following challenge involved establishing a market for the material. Construction companies in the area were reluctant to change to a new product that was not naturally occurring. The economics of this project are extremely sensitive to transport costs and hence only projects within a specified radius can be supplied with the Black Top Gravel (BTG). This project is not are venue generator, but it does save the money that would be required to manage the dump, and it reduces the closure costs.

Jan 1, 2003

By J. L. Gillson

The word "other" in paragraph 4, line 11, column 1, page 205, should read "over;" the correct version of reason 2, this paragraph, is: 'L. . . 2) to evaluate the usefulness of certain geo-chemical techniques, V. C. Kennedy and S. W. Hobbs of the USGS had already studied the distribution of copper, lead, and zinc in the soils (both in background areas and over veins) and in the water and plants, providing a criterion for measuring the magnitude and effect of soil contamination; ...9 On page 206, in the top left hand corner of Fig. 1 (in the area bounded by 47°35' and 116°10), the reference to Fig. 3 is incorrect. The area of Pine Creek, South Fork Coeur d'Alene River, and portion of Big Creek (the area which includes, from left to right, Kingston, Pinehurst, Smelterville, and Kellogg) should be identified as that of Fig. 2A. The headings for columns 1, 3, and 4, Tables I and 11, page 209, column 2, were reversed when the paper was printed. The corrected tables are:

Jan 1, 1961

Maghemite - A Source of Heavy Medium for Coal Washeries Use of magnetite as heavy medium in coal preparation plants has been increasing steadily in recent years. It might be in short supply in some areas or excessively costly in certain times. In Turkey, the cost of heavy medium magnetite has almost tripled since 2003. As a result, alternative sources of heavy medium material have been evaluated. A maghemite ore from Elbistan-Kahramanmaras was found to be an interesting source. Tests showed that the maghemite ore can be enriched via magnetic separation at 1556 gauss to obtain a heavy medium material with 4.93 g/cm3 density and 97.22 per cent magnetic recovery. Further tests were conducted to determine the optimum field strength for magnetic separation, friability and regeneration recovery.

Sep 13, 2010

By Wieslaw Blaschke

The transformation of Polish economy, has contributed to the significant ownership changes and the way of management. Most of non-ferrous metals producers are now joint stock companies or stock companies, which shares are owned mostly by Polish shareholders, the State Treasury, banks or trading companies. However, as compared to the international tendencies, the cost of production of base metals in Poland are still relatively high, and the utilization of secondary sources is still very low. In this sense, the paper point out that some positive results of the current pro-ecological mineral policy in Poland have been already clearly visible in the case of non-ferrous metals smelters, where the emission of dusts and gases was significantly reduced. Therefore, if the current increasing tendency of world production of non-ferrous metals continues, Poland’s role as their primary producer will be reduced.

Sep 13, 2001

By Douglas A. Anderson

The simplest method used to predict ground vibration from blasting is scaled distance -the distance from a blast divided by the square root of the Pounds per delay. Pounds per delay is defined as the number of pounds of explosive detonated within an 8 millisecond (ms) interval. Based upon this definition, regression plots of peak particle velocity vs. scaled distance have been used to determine likely values of peak particle velocity.

Jan 1, 1989

By Khosrow Bakhtar

A series of nineteen shear tests were performed on fractures 1 m2 in area, generated in blocks of sandstone, granite, tuff, hydro- stone and concrete. The tests were conducted under quasi-static and dynamic loading conditions. A vertical stress assisted fracturing technique was developed to create the fractures through the large test blocks. Prior to testing, the fractured surface of each block was characterized using the Barton JRC-JCS concept. The results of characterization were used to generate the peak strength envelope for each fractured surface. Attempts were made to model the stress path based on the classical transformation equations which assumes a theoretical plane, elastic isotropic properties, and therefore no slip. However, this approach gave rise to a stress path passing above the strength envelope which is clearly unacceptable. The results of the experimental investigations indicated that actual stress path is affected by the dilatancy due to fracture roughness, as well as by the side friction imposed by the boundary conditions. By introducing the corrections due to the dilation and boundary conditions into the stress transformation equation, the fully corrected stress paths for predicting the strength of fractured blocks were obtained.

Jan 1, 1984

By AIME AIME

SECOND only to the February Annual Meeting of the Institute are the Regional and Divisional meetings held in the fall of each year. Six such gatherings are scheduled in the next the months, with something likely to interest every member of the Institute. A brief résumé of the programs follows. Regional Meeting Vancouver T HE regional meeting of the Institute will be held at Vancouver, Sept. 13 to 20, in conjunction with the annual western meeting of the Canadian Institute of Mining and Metallurgy. The pro gram appeared on page 350 of MINING AND METALLURGY for July and-proof of careful preparation-a month later re- quires no correction and little elaboration. On the technical side there are few changes. A new item on the Wednesday morning program is the paper, "Investigation of Residential-type Stokers," by H. F. Yancey, supervising engineer, Northwest Experiment Station. U. S. Bureau of Mines, Seattle. As to entertainment the meeting is taking on some most pleasurable aspects. Two notable excursions have been arranged.

Jan 1, 1937

By M. L. Baharani

Looking for an idyllic paradise that has investment and business potential as spectacular as the stunning views of mountains, the rich Ganesh Himal zinc-lead deposit exposed between 4,050 m and 5,000 m is the answer. Arising from the sea floor in a span of 55 million years, the enchanting Himalayas had remained one of the most potent factors influencing the Asian region. The challenges of the mighty Himalayas notwithstanding, it continues to provide opportunities for the humankind in optimum usage of the natural resources and sustainable development. Optimal management of natural resources in mountain areas through decision support tools offered by remote sensing will go a long way in realization of the Ganesh Himal Zinc-Lead Project. The authors have a real life endeavor spanning over 37 years in developing a mining industry in a mountainous region of Nepal and an attempt to integrate with the development of other natural attributes of the region. With rapid acceleration of science and technology, humankind has acquired power to transform his environment countless ways and on an unprecedented scale. While mineral resources are the pillars on which we have built industry and infrastructure, industrial countries in the North have been in the forefront of technological advancements, the developed countries of the South have been at the receiving end of exploitation of mineral resources worldwide. A relationship with natural environment, re-crafted by the civilizing impulse, to meet human demands are upcoming challenges for management of natural resource in sustainable manner for a livable world.

Jan 1, 2008