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By Herbert D. Drechsler, James B. Stephenson

"AbstractThe paper identifies the major components of price change which affect the determination of the internal rate of return of a mining project. It illustrates several price indexes which may be used to measure general price increases, identifying techniques which might incorporate them into mine valuation procedures. The ""hurdle rate"" for new investment is discussed.IntroductionDECISIONS regarding the value of an orebody and whether or when to mine an orebody are based on an estimate of the cash flows which would be associated with its exploitation. These pro-forma cash flows represent cash in or out of a possible mineable deposit and include exploration and construction costs, sales revenues, operating expenses, taxes, debt borrowings, interest and debt repayment. It has long been recognized that when combining the cash flows occurring over the life of the mine, dollars received or paid out early have greater value than those received or paid out later. This time value of money has been incorporated into mine evaluation calculations through the use of present-value or discounting techniques. Another factor affecting mine valuation, inflation, is not accounted for by valuation techniques now in use. In recent years, price changes have become more volatile. In the past, price change could easily be ignored when evaluating potential mines. Today, the combination of larger investments and greater price volatility leads to great concern about the effects of price change on mine valuation."

Jan 1, 1977

By Yakup Cebeci, Leyla Kalender, Ceylan Yarluğkal Altınışık, Hikmet Sis

The abstract highlights the challenges in concentrating complex and non-sulfide lead-zinc ores and emphasizes the importance of froth flotation for their beneficiation. The study focuses on using process mineralogy to understand the flotation behavior of these ores from the Görgü region. The ore samples were characterized using various techniques, revealing oxidation and carbonation of primary minerals. The flotation results were interpreted in light of the mineralogical data, explaining the poor outcomes due to the complex nature of the ore, poor liberation, and lack of hydrophobicity.

Mar 22, 2022

By D. A. Bird

Geochemical models using published thermo-dynamic data and laboratory derived kinetic rate laws allow prediction of post-closure pit lake geochemistry at open pit mining sites. A combination of "forward" and "inverse" modeling techniques can predict the pit lake geochemical evolution from initial infilling to eventual steady state attained decades or centuries after closure. Computer codes have been developed to model chemical reactions such as pyrite dissolution, describe the ground-water flow regime, and provide rock-water ratios. The incorporation of site specific information, such as ultimate pit dimensions, geologic and hydrologic data, acid generating potential (AGP) vs. acid neutralizing potential (ANP), and laboratory derived kinetic rates, allows application of the model to open pit mines at any stage of development.

Jan 1, 1994

By D. J. Bauer

A primary amine extraction system was investigated for fractionating a cerium-group, lanthanide sulfate mixture. Addition of diethylenetriaminepenta-acetic acid (DTPA) to the amine extraction system resulted in separation factors as high as 5.4 for lanthanum-cerium, 8.0 for cerium-praseodymium, 3.7 for praseodymium-neodymium, and 7.0 for neodymium-samarium. In multistage studies on a cerium-free lanthanide mixture, 96 percent of the lanthanum was recovered with a purity of 95 percent.

Jan 1, 1968

By Arthur L. Murray

"Oil-shale camps are peculiarly favored, in that before they are establishes it can be ascertained with a degree of certainty, that the life of the project is not limited. Unlike camps at metal mines, where the metal content of a given area is frequently an unknown quantity until after years of development, oil-shale camps should, from the outset, be planned and. built as permanent types of camps. Where this procedure is followed camps will be established which better serve the needs of the industry and the cost of their general care and upkeep will be less.Selection of camp or townsite.The site of the camp or town' whether on company property or not, should be selected with care. It should be separate if possible from the location of the plants of the company so as to be free from noise and fumes and so as to provide a change of environment for employees in going from their work to their homes.The principal features governing the site to be selected are as follows:Drainage. The general contour of the surrounding country should be such that drainage is away from the site. The camp or town should, if practical, be situated on higher ground than that in its immediate vicinity.Soil. The nature of the soil on which the camp or town is located may bear a decided relation to health. A porous, well underdrained top soil of at least four feet in depth insures dryness and facilities the placing of foundations and the laying of water mains and sewer pipes. Such a soil also is an advantage in growing trees, shrubs and grass plots, which are a decided adjunct to making the community attractive.Enviroment. The contiguous territory should afford no unwholesome sur¬roundings such as swamps Or accumulations of stagnant water.General Considerations. The water supply to be provided and the method of disposal of wastes influence to a certain extent the location of the camp or town-site. The means of supplying water, whether by gravity or by pupping, and the disposal of sewage, whether by outfall, system, sewage disposal system through septic tanks, broad irrigation or filter beds, or cesspools will govern the location of the site topographically in relation to source of water and point of disposal of sewage.* This article was prepared as part of the paper ""Use and Supply of Water for the Oil-Shale Industry"" by J. J. Jakowsky, to be published by the Department of Metallurgical Research, University of Utah, in cooperation with the United States Bureau of Mines."

Jul 1, 1921

By Malcolm J. Robinson

Over 80% of Australia's population lives within 200 km of the coast, 70% in 10 major coastal cities. Potential cement raw materials are widely distributed but deposit size, quality, transport, market and environmental considerations are important in determining economic value. Major production locations are in a variety of geological environments ranging from Lower Paleozoic crystalline limestones to Tertiary and Recent polyzoal limestones and limesands, both onshore and offshore. Raw material transportation is by road, rail, sea, aerial ropeway and pipeline; road/rail transportation of the finished product is traditional but movement by sea of clinker and cement is increasingly a feature of the industry.

Jan 1, 1982

By Tracy. L. D.

"Since the introduction of pulverized coal as a substitute fuel for natural gas in the various types of heating furnaces used, in steel mills, a number of fires and explosions have occurred, resulting in the loss of life and property.As one of the primary functions of the Bureau of Mines is to conduct investigations in the utilization of mineral substances with a view to increasing safety in the use thereof, it was deemed advisable to investigate the hazards involved in the industrial use of pulverized coal and, if possible, to devise methods of preventing future accidents arising therefrom. The knowledge of the explosive qualities of coal dust which the Bureau has gained in studies affecting dust explosions in coal mines was of material assistance in these investigations.Several plants were visited in which either fires or explosions had occurred, and data obtained as to the probable cause of the accidents.There was found to exist, among some of those employed about the furnaces, a lack of knowledge of the explosive and inflammable qualities of powdered coal.A small stream of pulverized coal leaking down from a defective joint in a coal transport line did not attract much attention, whereas, had a leak in a natural gas line occurred -wider similar circumstances, no doubt it would have had immediate attention.As a matter of fact, if by any means the duet cloud should come in contact with an open flame or hot metal, the effects would be as disastrous as if it had been gas.This is exceedingly well illustrated by an accident which came to the writer's attention. In the system used at this particular plant, the pulverized coal is transported to the furnace through compressed-air lines. The fuel is fed from a storage bin to a blowing tank in quantities as desired, after which compressed air is admitted and the powdered coal blown to the furnaces. At the time of the accident some repairs were being made to the tank, and it was supposed that the air pressure had been entirely released as the pressure gage stood at zero. There was, however, one or two pounds air pressure remaining and when one of the connections was taken off, a cloud of dust was blown across the room, 30 or 40 feet towards the drier furnace where it came in contact with some live coals. Immediately the entire room was filled with flame which rolled back and forth over a specs 50 feet or so in length."

Apr 1, 1921

By Paul C. Lingo

Two recent antitrust cases, coming from widely separated areas, different industries and involving wholly different facts were decided by the Supreme Court on June 7, 1965. The decisions in there two cases may well prove to be the most important and far-reaching decisions in the field of labor law that have been handed down in the last 24 years. These cases, although quite dissimilar factually, had one common element. In both, the gravamen of the antitrust violation was bottomed on the terms of labor agreements negotiated by a multiemployer group. These cases are usually referred to as Pennington1 and Jewel Teat. Since a number of references will be made to the antitrust laws, it may be well to state briefly the applicable portions. Section 1 of the Sherman Antitrust Act makes "every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several states, or with foreign nations, is declared to be illegal...". Section 2 imposes criminal sanctions against "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several states...". Under Section 4 of the Clayton Act a person who sustains damages as a result of a violation of the anti¬trust laws is entitled to recover treble damages plus costs.

Jan 1, 1966

By William Gleason

The mining industry is at a crossroads. Currently, there is an estimated $25 billion worth of projects around the world that have been stopped as the consequence of a dispute or disagreement with their communities, the government or some other stakeholder. Anglo American chief executive officer Mark Cutifani is one who sees the mining industry in need of change and on Dec. 12, he gave the keynote address for the launch the Kellogg Innovation Network?s Mining Company of the Future Initiative?s Development Partner Framework (DPF). The launch was held at the Ford Foundation building in New York City. The DPF seeks to inspire and support the mining industry to adopt a new way of thinking and a new approach to how it secures, nurtures and revitalizes its social license to operate. Working with a diverse group of people from faith-based organizations, nongovernmental organizations (NGO) and other stakeholders, Cutifani often had the rather uncomfortable position of representing the mining industry in a room full of people who are far from the industry?s biggest fans.

By R. A. Spitz, R. Leiby, M. Bricker

Electrochemistry plays a significant role in minimizing wastes at East Penn's secondary lead smelter. East Penn has been recovering spent battery acid for reuse in new batteries since 1992. East Penn also produces a fertilizer feedstock from sulfur dioxide in the smelter stack gases. The success of these processes is, in large part, due to the installation of electrochemical cells. The cells in the acid recovery plant allow the waste from this process to be concentrated into less that 10% of the original spent acid. The cells in the fertilizer plant treat the solution to remove dissolved metals prior to sale to fertilizer manufacturers.

Jan 1, 2000

By H. J. Rose, H. H. Lowry

Considerable information on the organization of German fuel research and recent developments was obtained and published in several combined Intelligence Objectives Sub-Committee Reports. This material, although avail- able in the initial reports, has never been consolidated, so that it may not have come to the attention of many readers. This report gives a summation of the authors' observations at six different research laboratories.

Dec 1, 1947

By Victor L. Steven

10.1-SHAFT SINKING AND RAISING BY CONVENTIONAL METHODS VICTOR L. STEVEN 10.1.1-SHAFT SELECTION A great deal of thought and planning should go into the selection of a mine shaft to provide the most effective use over the greatest, period of time. It sometimes is better to make an additional capital expenditure in the initial shaft program to achieve the greatest overall shaft usage. It is possible to sink a shaft which could be used for mine development, and initial production and later convert it to a ventilation, service or escape shaft. It is important to consider a second shaft in the original planning to provide ventilation, an escapeway and services for overall efficient production and safety. A second shaft usually is required to comply with state and federal mining laws. The main items to consider in shaft selection are: 1. Installation from surface or underground. 2. Vertical or inclined (sec Sec. 10.1.4L for discussion of factors involved in choice). 3. Tonnage to be hoisted. 4. Size of mining equipment to be lowered through the shaft to the underground workings. 5. Amount of water to be handled in the mining operation. 6. Ventilation requirements. 7. Type of ground the shaft is to be sunk through. 8. Position of shaft with relation to ore body. After the main features of a shaft arc determined, such as vertical or inclined, shape, size, type of lining and support, compartments, and shaft. facilities (air, water, ventilation, pump lines, power cahles, etc.), then :I sinking plant and procedures should be planned. At this point it should be decided whether the company will sink the shaft with its own crews or award the job to a competent shaft contractor. Company sinking generally will cost less if competent shaft men are available. Money also will be saved in plant costs, such as for hoist, headframe, compressed air, buildings, etc., as these will be part of the permanent plant and can be used in the sinking operation. Labor costs generally will be lower than contractor construction rates. The advantage of having a contract, or is the speed of completion of the project. Contractors usually have headframes and hoists ready to move on the job immediately and have trained crews ready to complete the project in the shortest possible time. Next, the type of surface sinking plant (hoist, headframe, etc.) should be selected and a determination made whether it is to be temporary or permanent. In most cases it is less expensive to install the permanent, headframe and hoist, and use them for sinking. The type of actual sinking equipment to be used should be evaluated for the most efficient sinking cycle, e.g., mucking method, drilling method, and lining or support means. The proper cycling of drilling, mucking and lining is extremely important in obtaining the most favourable sinking costs. 10.1.2 - GROUND STABILIZATION AND WATER CONTROL Prior to the shaft-sinking operation an investigation should be made into ground-water conditions. If water is anticipated, then pregrouting of the ground

Jan 1, 1973

By C. R. Stelck

"AbstractThe Cardium formation of northeastern British •Columbia •contains an erosional unconformity that becomes progressively more severe northward until, •at Liard river, the stratigraphic hiatus eliminates the underlying Lower •Cardium sandstone, the Kaskapau formation, and the upper Dunvegan sandstones. The area of unconformity roughly coincides with the distribution of the continental facies of the earlier Dunvegan formation. Along Wapiti river, the zone fossil Scaphites ventricosus Meek and Hayden is found in the Bad-heart member of the overlying Wapiabi shale; Scaphites :preventricosus. Cobban marks the base of the Wapiabi shale; Scaphites cf. corvensis •Cobban is found in the middle shale member of the •Cardium formation. The log of the Red-Willow No. 1 well shows close similarity to the outcrop sections south of Wapiti river. The Cardium formation is mainly late Turonian in age. Two other pre-Cardium Turonian sands of north-eastern British Columbia are named the Wartenbe and Tuskoola sands.IntroductionTHE Upper Cretaceous Cardium (Bighorn) sandstone formation of the Foothills of northeastern British Columbia carries within its formational limits an erosional unconformity. The unconformity decreases to the southeast, becoming in immediate shoreline regions, now under the plains, a minor diastem. Such diastems, or stratigraphic intervals of non-deposition, occurring in the shallow unda-zone are paralleled in the deeper portions of the unda-zone by the phenomena of sub-aqueous winnowing. '.This winnowing and re-working •at critical depths creates sand areas with porosity."

Jan 1, 1955

By H. R. Manouchehri

"In all electrical beneficiation methods, the difference in electro-physical properties of the contributed mineral particles, essentially frictional charge, electrical conductivity and dielectric constant properties are exploited to achieve separation. The composition of the raw material determines what kind of either corona charging, conductive induction, or triboelectric separation method should be employed. The process is versatile and is influenced by different parameters related to mineral characteristics, surrounding ambient conditions and electrical and mechanical attributions of the separating device. Electrical separation is surface based beneficiation method which is mainly affected by the surface and surface changes of the minerals. Therefore, it is essential to understand how the electrophysical properties of the minerals can be changed/modified. During electrical/electrostatic separation process, both charge magnitude and its polarity that developed on the particles and therefore, their electrical beneficiation potential is essentially defined by surface phenomena. Therefore, it is essential to understand how the main electro-physical parameters can be changed/modified with applied surface treatment/pretreatment methods to promote separation. Surface treatment of minerals is carried out by different means, including chemical conditioning, irradiation, thermal treatment, etc. This paper discusses and analyze the electrical separation process, electrophysical properties of the minerals with special focus on the effect of surface pretreatment/treatment methods to affect electrical beneficiation potential of the minerals. The surface treatment methods vary in a wide range from simple surface cleaning to more complicated chemical conditioning and doping. The knowledge of the solid-state physics and chemistry leads to improve the beneficiation potential of different mineral systems by choosing suitable treatment method(s). Despite the complexity and multiplicity of the charging mechanisms, difficulties in separating fines it seems to be beneficial make our attempts to further investigate and develop the process as dry, low cost beneficiation process, especially nowadays when environmental concerns, as well as energy and water consumptions are main concerns for mining industry."

Jan 1, 2018

By PHILIPP HARTLIEB, Peter Schimek, Thomas Seidl, Pablo Segarra, José A. Sanchidrián, Juan Navarro

This paper develops a new Blastability Index to assess hole-to-hole fragmentation in bench blasting based on a new Rock Factor exclusively obtained from drill-monitoring data, that can provide an automatic assessment of rock structure, strength, and waste/ore, the effective energy factor of the explosive and the delay time per blasthole.

Feb 1, 2020

By Thomas R. Stauffer

The principle that conventional schemes for taxing petroleum or mineral resources are "inefficient" is illustrated using simulation calculations tested against an "ideal" system. Inefficiency is defined as the relative success in maximizing expected government revenues from the resources. Most systems fail because: 1) they leave oil in limbo, i.e. unproduced because of excessive fiscal burden; or 2) they unnecessarily increase the variance in the explorationist'c, rate of return by undertaxing large fields and overtaxing smaller but infra-marginal fields. This increases his discount rate and reduces taxable surplus. An "ideal" tax system is specified which maximizes government revenues while minimizing risk to the operator. Two criteria are developed: 1) the tax falls to zero on fields which yield only the minimum necessary rate of return ("marginal" fields); and 2) the after-tax present value of all fields is the same for all fields above a threshhold size. In particular, marginal fields, while contrib- uting little to expected values, do contribute to reducing variance and hence risk praemia by distributing the exploration costs over a higher probability of successful outcomes.

Jan 1, 1982

By William G. Pariseau

Elastic-plastic finite-element simulation of cut-and-fill stoping in deep, narrow veins shows substantial quantitative agreement with field measurements of stope closure and fill pressure made at two mines in the Coeur d'Alene mining district of northern Idaho. The simulation procedure, validated by field data, was used in an analytical study of vein-wall closure and sill-pillar stress as influenced by fill modulus, rock modulus, and premining stress. Ratios of closure and pillar stress in the filled stopes to closure and pillar stress in the unfilled stopes are used as prediction indices for fill performance. In general, the support capability of fill increases dramatically as the ratio of fill modulus to rock modulus approaches 1. A significant reduction in closure .from the open stope--up to 75 percent--occurs with a relatively low-quality 10-ksi-modulus fill (rock modulus of 1,000 ksi). However, a higher quality fill is needed to achieve a substantial reduction in pillar stress from that of the open stope. A 100-ksi-modulus fill reduces pillar stress in both the 36-foot and l6-foot pillars (vein width is 10 feet) by about 50 percent relative to the open stope.

Jan 1, 1976

By Michael J. Nicol

This paper summarizes some of the results of a study of the reactions involved in the Caron leaching process and identifies the roles of the major dissolved species in the kinetics of dissolution of iron alloy particles formed during reductive roasting. Using rotating disk electrodes and synthetic leach solutions, the reduction of water with the evolution of hydrogen was found not to occur on a dissolving iron surface under typical leach conditions. It has been established that the oxidative dissolution is governed primarily by a reaction involving reduction of Co(III) to Co(II) ions. The reduction of oxygen was also found to make a significant but largely indirect contribution to the kinetics of the dissolution process. The dissolution rates of various iron-nickel-cobalt-copper alloys which simulate the dissolving alloy particles in a Caron plant were measured in synthetic leach solutions under aerobic and anaerobic conditions. The initial dissolution rates of iron, nickel and the iron alloys were found to increase in the presence of thiosulphate, whereas the thiosulphate had a negative effect on the dissolution rates of cobalt and copper. It is shown that the eventual passivation of the iron occurs sooner in solutions rich in Co(II) ions. Whilst these conditions are present in the quench slurry, on-site measurements have shown that due to the very high concentration of reduced dissolved species, passivation does not occur until the slurry is strongly aerated. In the light of these fundamental findings, options for optimizing the rate of dissolution and minimizing the extent of passivation of the iron and iron alloys are discussed. Keywords: Ammonia, leaching, alloy, kinetics, passivation.

Jan 1, 2004

By Thiago de Morais Gomes

Este trabalho trata-se de uma pesquisa bibliográfica com o objetivo principal de analisar o impacto das diferentes propriedades que podem ter as pelotas de minério de ferro e seus comportamentos no processo de produção de gusa no alto-forno. São destacados conceitos e definições gerais sobre o tema, bem como exemplos de processos. Para tanto, foi realizado uma seleção bibliográfica em vários artigos, livros e portais da Internet, cujos autores subsidiaram na compreensão dos principais assuntos relacionados ao tema. Concluiu-se que existe a necessidade de se realizar um processo de seleção de pelotas com determinados tipos de propriedades para a produção de gusa no alto-forno, com isso reduzindo a quantidade de escória e aumentando o desempenho do alto-forno. Também existe a necessidade de novos estudos sobre este tema devido a escassez de artigos e livros que tratam especificamente deste para a siderurgia.

Aug 16, 2017

By M. A. Bartkoski

Today?s surviving companies are being pushed to a heightened level of excellence due to market changes. Therefore, new business strategies must be explored. This paper offers a sequenced plan to retool, empower, and organize the entire team for a common goal. Integrity Process is an operating system that is very comprehensive and is integrated in every part of the business. It relies on a detailed prevention concept intertwined with accountability that produces individual efficiencies and team effectiveness. Integrity Process focuses on the importance between working from commitment motives versus compliance fears. The results are balanced in priority and truly yield a win-win for the owners, management, workforce, and the community. Integrity Process can and is being used in any industry that is challenged to optimize the relationship between people and process.

Feb 23, 2014