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By T. C. Craig

For the year 1934, there were 382 oi1 wells completed for a total initial of 146,965 bbl. Fifty-three wells were deepened for a total increase of 8363 bbl., bringing the total volume of new oil to 155,328 bbl. As of Jan. 1, 1934, the daily potential of the field as determined by the Texas Railroad Commission was 159,740 bbl. Of this amount 26,429 bbl. is "marginal oil," and 2682 bbl. is exempt on account of water. In December, 1934, the daily potential was established by the Railroad Commission as being 297,501 bbl. with a daily allowable of 56,800 bbl. Of this amount 31,993 bbl. is "marginal oil," and 2183 bbl. is exempt on account of water. There has been no field-wide test made during the year, and as a result the rated potential of the field is in all probability much higher than the actual potential. As each new well comes in, a five-day test is made under the supervision of the Railroad Commission. The potential thus established is added to the field potential and shares its pro rata part of the market outlet, which is the allowable production, no allowance

Jan 1, 1935

By W. Torres Pino, L. Mariscal Samaniego

The Ilo Smelter has been continuously operating since 1960 with Reverberatory furnaces and Pierce Smith converters producing blister copper. The original installed capacity of 1.134 tons per day of concentrated was expanded in 1976. A process of modernization started in 1995 and 1998 with the installation of an El Teniente Converter, a sulfuric acid plant and an oxygen plant to reduce the gaseous emissions to the atmosphere. With the official approval of the Environmental Compliance and Management Program (Programa de Adecuaci6n y Manejo Ambiental - PAMA) in January 1997, Southern Peru Copper Corporation made a commitment to capture 91. 7% of the S02 generated at the smelter by January 2007. After an evaluation of six different technologies, the ISASMEL T process was selected because it can be easily adapted to the present operation, has a lower capital cost and it is a simple process. The fast learning curve to reach the total capacity will allow to fulfill the PAMA commitment in time. The project construction is in process and SPCC is prepared for a successful start-up and transition of the current operations at the end of year 2006. This paper outlines the factors considered by SPCC in its choice of ISASMEL T technology and describes the construction and the start-up activities of the new facilities.

Jan 1, 2007

By B. M. Davis

Characterizing exploration prospect potential has aspects that differ from those encountered during ore reserve estimation. One problem is determination of the ore reserve potential prior to acquisition of significant volumes of hard data. The evaluation is subjective and data are usually sparse and of uncertain quality. However, estimations of the ore reserve potential are commonly demanded by management before project funding will be approved. The estimations from several prospects, along with the uncertainties inherent to the estimation, are then used to compare and contrast the potential of several prospects, often with widely varying geologic models.

Jan 1, 1990

By Alvin Schallis

The. problem of supplying enough magnesia for the American war effort has become highly important. Before hostilities began, only about two-thirds of our, require vents came from domestic sources; now they must supply almost all the magnesia we need. A further burden is placed upon our own supply by the fact that more and more magnesia is being required, not alone to pace the war tempo of general industrial activity, but also to replace chrome ore in refractories and to make magnesium metal. The domestic magnesite and brucite industry is equipping itself to satisfy much of this greater demand for magnesia, but the remainder must be obtained elsewhere. The principal sources of magnesia are magnesite, brucite, dolomite or high-magnesium limestone, natural brines, sea water, salt-works bitterns, magnesium silicates, and magnesium salts. Although dolomite is tae subject of this paper, it should be considered in perspective with all these highly competitive sources of magnesia.

Jan 1, 1943

By Philip R. Whitney

Precipitation of hydrous manganese/iron oxides in streams can be readily observed in much of the northeastern United States, and is apparently a common phenomenon in other glaciated areas (1,2,3,4). Deposition occurs when Mn-enriched ground or surface water enters the stream environment and encounters conditions of higher Eh and pH. The preferred location for deposition is in shallow, fast-flowing segments of stream; the oxides usually form as coatings on detrital material. The experimental studies of Hem(5) and a considerable amount of work on marine and lacustrine manganese nodules(6,7,8) suggest that given an appropriate substrate, deposition of manganese oxides may occur even when the water is undersaturated in Mn with respect to the oxides, due to catalysis by organisms or by silicate, carbonate, or ferric hydroxide surfaces. Once begun, manganese oxide deposition is autocatalytic (9). Studies of the distribution of oxides in various size fractions of stream sediments indicate that the thickness and prevalence of the coatings commonly increases with increasing particle size in the coarse sand and gravel size ranges. Figures 1 and 2 show a fairly typical distribution of leachable metals over nine size fractions from 62 microns up to 8-16 mm. The leaching solution used was neutral ammonium citrate with hydroxylamine hydrochloride, which effectively removes the oxide coatings without significantly attacking most silicates, carbonates or sulfides. Figure 1 shows metal content as ppm of the total sample; figure 2 shows' the same data as micrograms of metal per square millimeter of surface area.

Jan 1, 1975

By A Van Kersen, J Hodson

Waihi Gold Mining Co Ltd [WGM], operated by Normandy Mining, has been internationally recognised for its achievements in environmental management at the Martha Mine at Waihi. In a proactive approach to dealing with community concerns regarding blast vibrations on the North Wall cutback, trials were performed using the Cardox System [Cardox], to determine feasibility of achieving economic fragmentation of andesite overburden whilst bettering management levels of 5 mm/s peak particle velocity. Cardox is a non-explosive pressure breaking system which uses high pressure CO2, Results against conventional Ammonium Nitrate/Fuel Oil [ANFO] using a variety of delays showed that conventional blasting techniques could produce marginal fragmentation within the management levels with occasional excursions, whereas Cardox produced the required fragmentation while not registering on the vibration monitoring equipment. Fragmentation to enable normal excavation by a Hitachi EXII00 hydraulic excavator was achieved with a yield of 16m3 per round. The trails indicated that fragmentation with Cardox at the yields required of over 18m3 per round was possible with further product development. The trial demonstrated that non-explosive pressure breaking is feasible and its application warranted where environmental concerns affect the cost-benefit economics of production blasting in sensitive areas.

Jan 1, 2001

By J. Langwaldt

Ammonium-nitrate is a main component in blasting agents and dissolved ammonium residues may be discharged with mine water. The European Union aims to reach a good state of the water quality and recommends ammonium content below 0.5 mg/L for drinking water. Natural zeolites adsorb ammonium from water. In this work, the removal of low-concentration ammonium by commercial natural zeolites was studied in continuous tests. Natural zeolites made up between 83% and 95% of the mineral composition. The major zeolite minerals were chabazite and clinoptiolites and minor amounts of erionite and mordenite were as well present. The five natural zeolite samples, 500~710 µm, were conditioned to obtain zeolites in the Na-form. Ammonium adsorption onto natural zeolites depends mainly on the zeolite mineral type. The chabazite containing zeolite was superior over the four clinoptiolite samples for the removal of low concentrations of ammonium from water (pH of 7.5, flow 5 mL/min, room temperature). The adsorption capacity of chabazite was 48.3 mg NH4+/g zeolites, i.e. 73% of the theoretical exchange capacity 69 mg NH4+/g, during duration over 107 days and almost 6700 bed volumes exchanged. The four tested clinoptiolites had an ad-sorption capacity of 15.7mg to 25.0 mg NH4+/g zeolites. The natural zeolites were rapidly regenerated by an alkaline sodium chloride solution fed to the columns.

Jan 1, 2014

By Luciano Prieto A

La presente investigación refiere el patron de mineralización en Toquepala a través de un método de trabajo estadístico, el cual dispone de un valor promedio y representativo de un conjunto de valores, constituyéndose en sí mismo el punto de partida para hacer apreciaciones de tipo estadístico. Asimismo se describe la geología general, la mineralización por los tipos de roca, las zonas de mineralización y un estudio de la estadística del minado que comprende las reservas minadas de 1975 y 1976, encontrándose que el 68% de la producción mineral fue hecha de brechas y pórfido de dacita y en el que aproximadamente el 60% de la reserva actual está constituida por estas dos mismas unidades litológicas.

Nov 20, 1978

El presente trabajo explica el panorama historiográfico del proyectoToquepala, -en tanto proyecto industrial de la historia minera del cobre-, así como su influencia en el desarrollo económico y manufacturero del Perú. El depósito mineral de Toquepala está situado en el departamente de Tacna, zona sur del país. El reconocimiento como zona cuprífera es partir de Velarde en La Minería enel Perú (1908) y Basadre en Estado actual y porvenir de la industria minera en los departamentos del sur del Perú (1918). Posteriormente en 1937, Juan Oviedo de Villegas denunció los depósitos en Toquepala y fue el geólogo Schmedeman de la cerro de Pasco Corporation, quien reconoció la mina como un depósito de pórfido de cobre. Es a partir de 1938 que se inicia la explotación y en 1948, la Northern Peru Mining and Smelting Company se hace propietario de la zona minera. La exploración del depósito de Toquepala se realizó por medio de taladros verticales, perforados con máquinas de diamantina y de percusión. Durante el periodo de perforación, se realiza un sondaje de percusión previo que determina la extensión hacia otros hoyos para muestrear los valores y así medir la capa y espesor del mineral, mientras que el sondaje diamantino informa sobre la interpretación geológica del subsuelo de esa sección. Para la comprobación de los resultados de la perforacíón se buscó comparar los resultados de perforaciones de diámetro pequeños y grandes, con aquellos del minado del mineral en volúmenes de muestras relativamente grandes. Los métodos de muestreo empleados fueron acorde a las prácticas más estrictas actualmente recomendadas en este tipo de trabajos y supervisados bajo el control de un personal técnico. Luego del trabajo de comprobación del depósito de Toquepala, a mediados del año 1955, se unieron cuatro compañías para formar la Southern Peru Copper Corporation y en ese mismo año el gobierno peruano aprueba el desarrollo del programa y operación de este proyecto . Los planes de minado fueron terminados en 1955 minero. El avance de los trabajos de preparación de este proyecto se realiza a través de dos partes: la construcción de los servicios necesarios para la operación y los trabajos de preparación preliminares a la explotación minera. El ajuste de constucción y minado del programa se culminó en cuatro años (1952 - 1954), dando inicio a la operación en 1955. Finalmente, hablar la inflluencia del proyecto de Toquepala en el desarrollo económico industrial en el sur del Perú, es señalar su apoyo en el manejo de las vías de comunicación, favoreciendo el intercambio comercial entre las zonas ganaderas de la sierra de Tacna, Moquegua y el resto del país, así como del progreso de pequeñas industrias. El acceso a la educación y la erradicación de bajas condiciones sanitarias son elementos que también ayudan al avance social de la población, otorgándole a este proyecto sureño, un lugar importante en el panorama industrial y minero del país.

Jul 20, 1957

By Y. P. Huang

Experiment results and operation practice on reutilizing old tailings dumped at SCIM (Shang-chang Iron Mine) of KISCO (Kunming Iron and Steel Corp.) are presented. In a production period over 30 years SCIM dumped about 8 million tons of iron ore tailings. For improving resources utilization instead of wasting, experiments on processing for reutilization of the old tailings are con-ducted. These tailings are fine size fractions of weathered iluvial ores rejected out by classification- des-liming in ore washing and dressing processes, containing TFe 21%~22% in hematite mainly and limonite occasionally. Their particle size distribution, in average, is of 72.26% minus 0.037mm and 30.88% minus 0.005mm. Existence of plenty of micro-fine particles makes the tailings refractory to process, resulting in poor metallurgy. The whole sample of the old tailings without size-classification is fed into experimental process. Slon-100 type high grads WHIMS (wet high intensity magnetic separator) with cyc-pulsing is adopted, which magnetism-focusing rod?s diameter is changed from 3mm into 2mm. Operational conditions of optimizing rougher separation tests are strengthened. An iron concentrate assaying 52.21% Fe at quantity rate of 18.39% and iron recovery of 44.40% is obtained. Operational practice shows that metallurgy and economy of the old tailings treatment are close to what achieved at experiments. It is estimated, therefore, that some 1.4 million tons of this iron concentrate may be recovered from the old tailings. This means that KISCO has moved its key one-step in re-mining and reutilizing the secondary resources, which would be a good demonstration in this industry. This is also of social and economic significance in response to China government?s request on reducing consumption of resources and establishing society with economy for achieving sustainable development.

Jan 1, 2014

By Chen Dong, Yang Wenwang, Liu Zhineng, Tan Ming

"To meet the requirement of production expanding of a certain potash ore dressing plant in Xinjiang province of China, industrial test of XCF/KYF-50 flotation machine was performed to process potash ore. The tank of XCF/KYF-50 flotation cell is in U shape, 50m3 of volume. This flotation cell is able to suck slurry by itself, and can be arranged on the same base level without high difference. In this paper, two sets of XCF/KYF-50 flotation cells were adopted to replace 8 sets of 8m3 flotation cell in original flow sheet of flotation. Aeration rate, slurry suction capacity, power consumption and slurry suspension are investigated. The measuring results show the slurry suction capacity of the flotation cell is larger than 12.80m3/min and solid particles disperse evenly in the tank without deposition. Industrial test result indicates that the final grade of concentrate is 26.69% at the recovery of 90.95%, which is up to expected performance. XCF/KYF-50 flotation cell has advantages of high flotation efficiency, significant energy saving and reasonable configuration of automatic control system, this kind of flotation cell can meet the requirement of production expanding of this potash ore dressing plant well."

Jan 1, 2014

Jan 1, 2004

By Constantine C. Popoff

This report reviews and analyzes, by a simple analytical and logical reasoning, the conventional methods of reserve computations of mineral deposits described in various domestic and foreign publications. It brings together, formulates, and evaluates the principles underlying interpretation of exploration data; and ties such principles to the proposed classification of methods. The material is discussed in sufficient detail to allow general application.

Jan 1, 1966

By B. Barry, M. S. Klima

"Testing was conducted to evaluate the effects of hydroacoustic cavitation (HAC) treatment on two bituminous coal slurries and the subsequent separation of each slurry in a classifying hydrocyclone. HAC treatment was performed using a pilot-scale circuit fabricated by Furness-Newburge Inc. The circuit was designed to induce cavitation by means of flow through an ultrasonic resonator chamber or enhanced cavitation by initial flow through a cavitation chamber followed by flow through the ultrasonic chamber. The test materials were nominal -1,500-micron and -150-micron Illinois-basin bituminous coal slurries, which were obtained from an operating coal preparation facility. After 5 sec of HAC treatment, the median size of the -1,500-micron material was reduced, with ash values for certain size fractions decreasing more than 5 percent compared with untreated samples. Extending treatment time led to greater degradation of the +1,180-micron material and an increase in the -25-micron material, with ash reductions occurring for material in the -850+150-micron size range. Size degradation was less for the -150-micron material. Subsequent separation of the treated slurries was carried out in a hydrocyclone with diameter of 102 mm. HAC treatment led to a decrease in the ash value and an increase in the heating value of the underflow stream compared with the feed material. For example, the ash value was reduced by about 16 percent for the -1,500-micron material and 25 percent for the -150-micron material with heating value increases of 7 and 33 percent, respectively, after HAC treatment. Overall, HAC treatment appeared to have a slight effect on the size selectivity curves.IntroductionUltrasound in the range of 20 to 1,000 kHz, referred to as power ultrasound, consists of high energy waves that can create zones of compression and expansion when used to irradiate liquids (Frederick, 1965; Leighton, 1994; Mason and Lorimer, 1988). This action generates varying pressure regions leading to cavitation or the formation, growth and near-immediate collapse of microscopic voids or bubbles (Frederick 1965; Leighton 1994; Mason and Lorimer 1988). Collapse occurs when the bubble reaches critical size and cannot absorb additional sound field energy, and the critical size is governed by the ultrasound frequency (Shchukin et al., 2011)."

Jan 1, 2015

By Donald J. Frendzel

The post-World War II expansion of the Soviet petroleum industry has established the U.S.S.R. as a major oil-producing nation and has led to Russian reentry into the international petroleum trade. The rapid growth of Soviet petroleum production will allow the U.S.S.R. to displace Venezuela as the world's second largest oil-producer in 1960 and to narrow further the gap between Soviet and U.S. crude-oil production. U.S.S.R. crude oil output was only a tenth of U.S. production in 1946, but it will be more than a third at the end of 1960 and more than half in 1965. The Soviet Seven-Year Plan (1959-65) for oil provides for substantial increases in petroleum production, refining, storage, and distribution facilities. Crude oil production and primary distillation capacity are to double, considerable storage capacity is planned, and pipelines for crude oil and petroleum products are to increase threefold. According to the Soviets, the initial phases of this plan (1959 and 1960) have been completed successfully. However, this progress has been achieved with difficulty.

Jan 1, 1961

By Galen G. Waddell

Dilation and contraction of the rock surrounding horizontal access open-ings of a deep mine were analyzed during stope advance to determine what type of measurements, made with relatively inexpensive instrumentation, would best reflect the rock behavior. A variety of instruments, mostly mechanical extensometers, were used. Detailed descriptions are given of Down-the-hole extensometers, floating rockbolt clusters, transit surveys, and other instruments and measuring techniques. Although all of the radial-deformation-rate graphs illustrated useful rock behavior data, the most informative graphs were compiled from data procured with the radial extensometers that penetrated, to various depths, the rock around the access openings. An analysis is given of measurement data on the rock around lateral drifts and across and adjacent to the nearly vertical vein of the Star mine, Burke, Idaho. Several useful relationships were found between the rock deformation rate and the stoping process. Information was produced on the elastic state of rock around an underground opening, effectiveness of stope support, rheology of rock, zone of influence around stopes, effectiveness of rockbolts, axis of maximum strain in a plane perpendicular to the long axis of the lateral, and other phenomena. This information could be of particular value in determining location, design, and support of underground openings.

Jan 1, 1966

By L I. Rozman

"There have always been development projects that fall short of expectations. In the last decade, we have seen more than the usual number of mining and oil/gas development projects taking significantly longer to develop and costing materially more than expected. The recent resource-equity market slump proves that investors are now far more cautious about investing new capital in the mineral and petroleum resources sector.What have we learned since 2005? Why have projects missed their targets? Why do investors often feel misled?Valuation of a project and the estimation of value is a more complex process than the evaluation of the merits of project development. The merit of project development can be clear from a prefeasibility evaluation, but this is no reason to skip the rigour of a feasibility study. The valuation of any project that is developed with any added risk should be discounted for this added risk.The development of a project impacts on other stakeholders, and the indirect cost of these impacts can have material implications for the cost structure, time and ultimate valuation of the project for its financial backers. The development of new projects (and thereby supply) can also have an impact on commodity prices, and therefore an impact on returns for financial backers.This paper will provide commentary on the author’s experiences and observations as a project developer and operator for 25 years, before becoming a project financier a decade ago.CITATION:Rozman, L I, 2016. Project evaluation and valuation – an investor’s golden rule, in Proceedings Project Evaluation 2016, pp 31–36 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

Bolivia, due to its turbulent past with a history of constant military coups, has given an image of complete instability to the foreign investor. The effects of this have been several fold, the major one resulting in a complete lack of exploration in modern terms since their revolution in 1952. What was overlooked by the foreign investor was the fact that revolution produced Agrarian Reform which is the foundation of the stability which Bolivia enjoys today. Another factor that is overlooked is the fact that its past history is one of vast mining fortunes having being made. Their political problems resulted in economic chaos in 1985 with an annual inflation rate of 26,000 percent. This resulted in the collapse of the government but the democratic process continued. Then came the so-called"South American Miracle" in 1986 when the government of Dr. Paz Estenssoro enacted an extremely harsh austerity program which consisted of the abolition of wage and price controls, the abolition of monopolies, the right to hire and fire, the weekly auctions of dollars and the free convertibility of currency which yielded a stable government with 8 percent inflation. This was followed by massive personnel reductions in the various mines and other industries.

Jan 1, 1991

By James R. Kerr

Although metallurgical benefits of processing metals in a vacuum or reduced atmosphere have been realized for a hundred years, the problem of creating a vacuum in the range from 10-0 to 10-4 mm. of mercury in a moderately sized furnace chamber has been difficult to solve. The demand for these and lower pressures, with the advent of World War II, for separating the fission-able uranium isotope from its stable twin by the electromagnetic process, gave impetus to developing pumps capable of delivering extremely low pressures. With the release of data by the Atomic Energy Commission on methods of securing high vacuum in large equipment, steel companies took the initiative, and the growth of the vacuum-melting industry was assured. Vacuum-induction melting of steel in the United States began on a small scale in early 1945 and in 10 years grew to 60,000 pounds per month or 720,000 pounds per year. The years following 1954 showed tremendous expansion, culminating in 1958 in a capacity of more than 36 million pounds.

Jan 1, 1962

By Glan Dale Coe, Will H. Coghill

"INTRODUCTION Characteristics of the mineral products that are to be contrasted herein are net energy consumed in grinding to a definite top limiting size and size distribution of the ground products. Through contrasts of these grinding characteristics this paper to differences in related mineral products and in unlike products. For,example, in anticipation of the data to follow, although Joplin chert and Babeitt taconits are running mates in defying the best crushing machinery, taconite is one of the more docile and Joplin chert one of the most refractory mineral products ordinarily fed to a grinding Routine grinding tests on a great variety of ores and tabulation of the findings have been covered amply by Lennox 4/ and by Maxon 5/ and associates. In contrast to that work, the present paper is a record of random tests made over a long period, and each answered an urgent question at the moment. The work was done at the Southern Experiment Station of the Bureau of Mines, United States Department of the Interior, in cooperation with the University of Alabama. The pressure of war work prevented an organized investigation."

Apr 1, 1943