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By Roy S. Nutter

An expert system advisor consultant to assist a coal mine section foreman is described in this report. The system is designed for an underground continuous miner section that is being specifically used for longwall development. The system provides three methods of operation that include normal operational mode for use underground, a training mode for use in training section foremen under controlled classroom conditions, and a demonstration mode that is free running. The Face Decision Support System or FDSS, is designed to interface with section environmental monitoring equipment and section production monitoring equipment that may appear in the future. This provides automated reprioritzation of the section foreman's job list from the system. The system 1S written in LASER which is written in C and is operated under the UNIX operating system. The objective of the entire FOSS system is to ensure that no job or piece of information important to safety or to production is forgotten because of the immediate problems confronting the section foreman.

Jan 1, 1988

By D. Butler

Lateral density changes in the subsurface cause a change in the vertical pull of gravity at the surface. By very accurate measurement of gravity and the practical application of common sense, a microgravity survey can sometimes detect natural or man-made voids, bedrock profiles, and geologic structures of engineering interest. This paper will give some practical guidelines for the application of microgravity surveying. Emphasis in many papers (Blizkovsky, 1979, Fajklewicz, 1983) has been on the anomaly size: herein emphasis will be placed on detectability and signal-to-noise ratios. First, some easy to use curves for anomaly valuation are adapted from Arzi (1974). Secondly, the predictable noise sources are discussed. Thirdly, representative models of abandoned underground workings are evaluated for microgravity surveying given the probable noise in the survey results.

Jan 1, 1988

Mine waste and mine reclamation are topics of major interest to the mining industry, the government and the general public. This publication and its companion volume are the proceedings of a conference held in Pittsburgh, April 19-21, 1988. There were nine sessions (50 papers) that dealt with the geochemistry, hydrology and problems of mine waste and mine water, especially acid mine drainage. These comprise Volume 1. The nine sessions (43 papers) that dealt with reclamation and restoration of disturbed lands, as well as related policy issues, are included in volume 2. Volume 2 also contains the ten papers that pertained to control of subsidence and mine fires at abandoned mines. Poster session presentations are, in general, represented by abstracts; these have been placed in the back of both volumes.

Jan 1, 1988

Mine waste and mine reclamation are topics of major interest to the mining industry, the government and the general public. This publication and its companion volume are the proceedings of a conference held in Pittsburgh, April 19-21, 1988. There were nine sessions (50 papers) that dealt with the geochemistry, hydrology and problems of mine waste and mine water, especially acid mine drainage. These comprise Volume 1. The nine sessions (43 papers) that dealt with reclamation and restoration of disturbed lands, as well as related policy issues, are included in volume 2. Volume 2 also contains the ten papers that pertained to control of subsidence and mine fires at abandoned mines. Poster session presentations are, in general, represented by abstracts; these have been placed in the back of both volumes.

Jan 1, 1988

By Changwoo Lee, Jan M. Mutmansky

"This paper results from the research at The Pennsylvania State University into establishment of standard procedures for characterization of respirable coal dust performed by the Generic Mineral Technology Center for Respirable Dust and supported by the U.S. Bureau of Mines and the Mining and Mineral Resources Research Institute at The Pennsylvania State University. The research performed within this particular project is oriented primarily toward standard methods of sampling and characterizing respirable coal mine dust underground so that the chemical, physical, and morphological characteristics are known and can be related to the incidence of coal workers' pneumoconiosis (CWP) in Pennsylvania.The research was initiated by con¬ducting a search of the literature to determine what coal and geologic variables may be related to CWP. The effects of coal rank, free silica content, the mass of respirable dust, and the level of trace elements were the major variables studied. It seems to be evident that the free silica content, the rank of coal, and the mass of respirable dust are the major concerns in defining the causes of CWP. However, based on the literature survey, the authors have concluded that verification of the causes of CWP is a multivariate problem and must be analyzed in an appropriate statistical manner.The results of a multivariate analysis of ten trace elements recorded on Pennsylvania coals are presented. Five of these trace elements were found to be of use in differentiating one coalfield from the others. Of these five elements, chromium and zirconium showed a strong positive correlation with the rank of coal while strontium showed a negative correlation.The design of the field sampling work and its application in future research is the final topic discussed. The sampling plan is oriented toward continuous miner sections with eight-stage impactors as the collection equipment. All of the field work will be conducted in the coal measures of the Allegheny Formation and above with both dust and channel samples being collected in the same mines.Coal workers' pneumoconiosis has been an important topic of concern to miners, mining engineers, and epidemiologists for decades. The general cause of the dis¬ease, the inhalation of coal mine dust, is well known, but the specific coal and geologic variables that affect the incidence and severity of the disease are still subject to debate and study. The primary objective of this study is to identify those variables of Pennsylvania coals that contribute to the CWP problem. To accomplish this task, a field sampling program is to be conducted to relate the characteristics of the coal dust, the coal seam properties, and the geologic variables to the occurrence of CWP.The first year of this study has been involved with both a literature review and experimental work oriented toward identification of causal variables related to CWP. The results of this work are presented here along with plans for implementation of the findings in future research.The previous studies of CWP causal variables have been conducted by scientists, engineers, and medical personnel. Many different types of studies have been performed with emphasis on interpreting the effects of dust mass concentration, mineralogy of the coal, the rank of the coal, and trace element concentrations upon the incidence of CWP in various coalfields. Most of the research has been conducted during the last two decades, with the British Isles, West Germany, and the United States being the primary countries involved.The review of the literature was conducted to determine which variables are likely to warrant further study in Pennsylvania. Previous research studies have related CWP to free silica and other mineral content, the rank of coal, the mass of dust in the working place, and the trace elements in the coal and lung dust. In the following sections, each of these topics will be discussed and analyzed."

Jan 1, 1988

The Australian coal industry has undergone sevenfold growth over the last 30 years and since 1985 has been the world's largest coal exporter. Three quarters of Australia's coal production is exported so its future is dependent on it remaining internationally competitive with other energy sources and other coal exporting countries. Coal is likely to increase its share of the energy market during the nine- ties as oil prices increase, new coal-fired capacity is commissioned and some form of nuclear energy is developed which is of acceptable safety standards to the community for use in the 21st century. Gas may take a part of coal's anticipated market share by the Year 2000. While coal exports will increase from China, Colombia, Indonesia and Venezuela and satisfy some of this additional coal demand Australia will also expand its export production, due to its existing advantages. The United States, Canada, South Africa, Poland and USSR seem unlikely to enjoy the same degrees of expansion and some, particularly Poland and USSR, will decline. Australia will always find it difficult to compete in the more distant markets due to levels of ocean freight, although its high quality coals will tend to partly offset such disadvantage.

Jan 1, 1988

By D. A. Wheeler, Rémi Tremblay

"INTRODUCTIONDuring the last few years, through Column Flotation Company of Canada ltd, the Centre de Recherches minérales has worked on the column flotation of coal, phosphate, feldspar, talc, graphite, copper, lead-zinc and diamond ores. The operating companies and prospective deposits were located in Canada and in other countries. Since these projects were financed by the concerned mining companies, all results remain confidential unless we obtain permission to publish. Three companies have graciously allowed us to use their information which I will describe in this text. These are the Polkowice copper mine in Poland, the North Coast Industries ltd graphite deposit and a talc company which preferred to remain anonymous. I will also describe our 2 inch column which was used for all tests. Data is also given on how to scale-up the 2 inch column to industrial size.Figure 1 presents a schematic of a flotation column. Feed, at a controlled rate and pulp density, enters at about 1/4 of the height of the column from the top. A controlled rate of air is bubbled into the bottom of column through a fine-holed sparger. The column volume between the feed point and the top of the sparger is called the recovery zone. Tailings, at a controlled rate, always slightly greater than the feed rate, discharges from the bottom of the column. This difference in feed and tailings flowrates is called the bias. The floated mineral is carried through the recovery zone on air bubbles which rise into the cleaning zone which is that column volume between the feed point and the overflow at the top. As the bubbles rise in this zone they are washed of gangue material by wash water which enters over the top of the froth layer. The froth layer is maintained at a given depth during flotation but this depth will depend on the froth cleanliness, for quite a bit of cleaning by wash water is accomplished in this layer."

Jan 1, 1988

By Daniel E. Walsh, P. D. Rao

"A four-inch compound water cyclone (CWC) was tested to evaluate its gold recovery characteristics when processing -4.8 mm run-or-pit, placer material. Neutron activated placer gold particles (840 to 37 microns) were used as radiotracers (/98Au) in a closed circuit ewe test loop to determine concentrator recovery; a procedure believed unique to this study. The effect on gold recovery of gold size and shape, feed pulp density, feed pressure, vortex finder clearance (VFC), ewe cone type, top-size of the feed solids, presence or absence of heavy minerals in the feed, and the quantity of-37 micron slimes in the feed was investigated in over 300 tests.CWC concentration ratio and the top-size of the underflow solids were both affected by cone type, VFC, and feed pressure. Gold recovery was significantly affected by gold size, gold shape, and concentration ratio. These effects are complex, because significant size-concentration ratio and size-shape interactions exist. Radiotracer techniques showed gold particles had a residence time within the ewe of approximately one second. This study suggests ewe gold recovery is a concentration. This work suggests ewe gold recovery is a function of particle size and shape, and the flow rate through the cyclone. CWC cone ""bed density"" is considered important only as a thin, protective layer, which shields coarser gold particles from the entraining currents and facilitates their movement through the CWC.IntroductionCompound water cyclones (CWC), or automedium cyclones, are enhanced gravity concentrators for the beneficiation for slurries of sand, coal, and ground ore (Fig. 1). They are called compound water cyclones because of the compound slopes of their basal cones (Fig. 2) and are operated to suppress classification phenomena in favour of gravity concentration effects. The compound water cyclone is not a new wet concentrator. It was developed in the late 1950s by Dr. Jan Visman through research sponsored by Canada's Department of Energy, Mines, and Resources. Since that time, it has become a common unit in coal washeries for cleaning fine coal. CWCs and other versions of concentrating cyclones have also shown promise for heavy minerals and precious metals recovery."

Jan 1, 1988

By Gerry Roblesky

"IntroductionWestar Mining Ltd. is Canada's largest producer of metallurgical coal for the export market. It currently operates two mines, the Balmer Mine at Sparwood, British Columbia producing 6 000 000 tonnes per year and the Greenhills operation at Elkford, producing 2 100000 tonnes per year. Approximately 1600 people are employed between the two mines which operate independently but share common administrative services.Like most mining companies in Canada over the past three or four years, Westar has faced rising production costs along with flat or declining prices and demand for its products. In order to survive under these conditions it has become necessary to strive for decreased costs in any way possible. Over the past two years there has been a widespread introduction of microcomputers across the company. In order to satisfy increasing demand for accurate and pertinent information while at the same time increasing productivity, the microcomputer has become an invaluable tool.This paper describes some of the problems faced by a mine maintenance department in this operating climate and how they were solved with the help of a microcomputer. It also describes some of the problems that may be encountered both with equipment and people and recommends some ways that these might be minimized or avoided. Finally, an assessment of whether or not the move to microcomputers was a current and economical one, and a brief description of future plans and projects is given.The Maintenance OrganizationIn order to appreciate fully the role that microcomputers are playing within the Maintenance Department at Westar Mining, a little background on the organization and operating philosophies is in order. Most of the comments apply directly to the Balmer operations, however, the Greenhills operation is similar in concept.The mine maintenance organization operates on a fleet based concept with these departments reporting to the maintenance superintendent: haulage trucks, shovels and drills, loaders and Caterpillar equipment, maintenance services, and rebuild services.Each of these departments is headed by an assistant superintendent and is responsible for all maintenance on the equipment on the respective fleet. Shift foreman, planners, specialists and clerical staff are assigned to each fleet. A central engineering and administrative group consisting of one engineer and three clerical positions is responsible for maintenance engineering and centralized administrative services"

Jan 1, 1988

By C. A. Sutherland

"Smelting of copper-gold ore from nearby Rossland mines started at Trail in the 1890s. As ore from the Rossland mines became exhausted, lead smelting of hand-sorted galena ore from other British Columbia mines was initiated. With the development of flotation technology for the separation of lead, zinc, and iron sulphides in the first two decades of this century, the large Sullivan orebody at Kimberley, British Columbia, became the f oundation for the growth of a major zinc and lead smelter at Trail. Lead smelting began in 1901, electrolytic zinc in 1916, and by 1984, the Trail metallurgical complex had produced 10 million tons of each metal. Its present capacity is 270000 tonnes per year of zinc and 110 000 tonnes/year of lead.This paper reviews the history of technological changes in the Trail production plants, emphasizing the zinc plant modernization program started in the 1970s, and also the planned introduction of the QSL oxygen lead smelting process in the late 1980s. Lead modernization will increase production capacity to a maximum of 160000 tonnes per year.IntroductionCopper-gold ore was discovered at Rossland, British Columbia, in the year 1890, starting a mining industry that was to last over three decade s. Selected ore was at first transported at high cost to distant U.S. smelters, so there naturally followed a decision to construct a small copper smelter to process the local ore to matte. It was built in 1896 at the mouth of Trail Creek on the Columbia River, about 10 km from Rossland. This little smelter was to develop and diversify in the next 90 years into the world 's largest lead-zinc producer).The mining boom that occurred in the northwestern United States and southeastern British Columbia in the period of 1890 to 1910 saw the brief operation of many small local smelters. The only one to survive was the smelter at Trail. The circumstances that permitted its continued life and subsequent growth, form a fascinating history of business deals, litigation, andsteady technical progress.Early investment in local railway transportation and options by F.A. Heinze, the smelter' s founder, attracted the attention of the Canadian Pacific Railway Company, which purchased Heinze' s assets in 1898. This provided the capital base for survival and growth of the smelter, which remained and prospered under the Canadian Pacific umbrella for almost ninety years. It was registered as the Consolidated Mining and Smelting Company of Canada Limited in 1906; in 1966, this name wasshortened to Cominco Ltd.The Rossland mines continued to supply copper ore for the smelter until the late 1920s, but lead-silver ore also became available from the contemporary mining boom in the Slocan area, about 80 km away. In 1901, the Trail smelter diversified into lead; and when the CM&S Co. acquired the St. Eugene Mine at Moyie and the Sullivan Mine at Kimberley, the smelter was guaranteed a firm supply of lead ore. The company also purchased the West Kootenay Power and Light Company, which even before the turn of the century had constructed the first of four hydroelectric generating plants on the Kootenay River near Trail. This acquisition assured the CM&S smelter and its local mines of a stable power supply and the opportunity to diversify into power intensive technology."

Jan 1, 1988

By C. A. Sutherland

"Smelting of copper-gold ore from nearby Rossland mines started at Trail in the 1890s. As ore from the Rossland mines became exhausted, lead smelting offhand-sorted galena orefrom other British Columbia mines was initiated. With the development of flotation technology for the separation of lead, zinc, and iron sulphides in the first two decades of this century, the large Sullivan orebody at Kimberley, British Columbia, became the foundation for the growth of a major zinc and lead smelter at Trail. Lead smelting began in 1901, electrolytic zinc in 1916, and by 1984, the Trail metallurgical complex had produced 10 million tons of each metal. Its present capacity is 270000 tonnes per year of zinc and 110 000 tonnes/year of lead.This paper reviews the history of technological changes in the Trail production plants, emphasizing the zinc plant modernization program started in the 1970s, and also the planned introduction of the QSL oxygen lead smelting process in the late 1980s. Lead modernization will increase production capacity to a maximum of 160000 tonnes per year.IntroductionCopper-gold ore was discovered at Rossland, British Columbia, in the year 1890, starting a mining industry that was to last over three decade s. Selected ore was at first transported at high cost to distant U.S. smelters, so there naturally followed a decision to construct a small copper smelter to process the local ore to matte. It was built in 1896 at the mouth of Trail Creek on the Columbia River, about 10 km from Rossland. This little smelter was to develop and diversify in the next 90 years into the world's largest lead-zinc produce.The mining boom that occurred in the northwestern United States and southeastern British Columbia in the period of 1890 to 1910 saw the brief operation of many small local smelters. The only one to survive was the smelter at Trail. The circumstances that permitted its continued life and subsequent growth, form a fascinating history of business deals, litigation, and steady technical progress.Early investment in local railway transportation and options by F.A. Heinze, the smelter' s founder, attracted the attention of the Canadian Pacific Railway Company, which purchased Heinze' s assets in 1898. This provided the capital base for survival and growth of the smelter, which remained and prospered under the Canadian Pacific umbrella for almost ninety years. It was registered as the Consolidated Mining and Smelting Company of Canada Limited in 1906; in 1966, this name was shortened to Cominco Ltd."

Jan 1, 1988

By Jerry A. Steding

How many times have you heard "You can't drive piles because of the vibration."? You hear these words come out of the mouths of owners, engineers, and contractors. When a piling contractor hears this, he can almost always do a psychological profile of the individual uttering these words of wisdom. If the owner makes the statement, we know the odds are about 95% that the owner owns the building next door or he wouldn't care what happens to it; or the guy next door has threatened to sue the owner if he even so much as walks across the site of the proposed new building. If the owner owns the building next door to the new construction you can also be just as certain the old structure has undergone settlement. If the statement comes from the mouth of the contractor, it is usually just a case of him being inexperienced.

Jan 1, 1988

Jan 1, 1988

The objective of this study was two-fold: 1. To perform a world literature search pertinent to the analysis, selection and design of hoisting systems and their components and to codify the search into a literature compendium. The search resulted in a technical data file of over 1500 hard copy items. The compendium index was also suitable for establishing a comprehensive computer-loaded data base on the subject. 2. To develop a comprehensive system of guidelines to cover salient aspects of analysis, selection and design of electrical, mechanical and structural components of a hoisting system with a view to establish parameters for maximum safety and efficiency of operation, installation and revision of the system. 3. Considerations in the mine shaft layout, design, sinking, outfitting, testing and commissioning are set forth against the background of requirements of applicable parts of Code of Federal Regulations, Title 30.

Jan 1, 1988

By Walter R. Curtner

Many, if not most, of today's pollution liability claims are related to events ("occurrences") that happened in the past. This fact creates an opportunity to obtain a large amount of insurance coverage at essentially no cost. Furthermore, in many cases, this insurance coverage is readily available. Scenario #1 For some 15 years, an underground gas tank has had a slow leak. The leak has now been discovered because the gas has contaminated nearby wells. As a result, an expensive $1 million cleanup is required. In addition, a liability suit has been filed for damages due to the contamination of nearby wells. Consequently, legal expenses are being incurred. Are all of these actual and potential costs insured? Obviously, if you have a pollution liability policy in place, the above costs will probably be insured. I say probably because business liability policies are not uniform. But, what if you don't have a pollution liability policy and what if your current general liability policy excludes all pollution liability (as most of them do today)? Under these circumstances, it first appears there is no insurance for this $1 million cleanup and liability suit. But this is probably not the case. You may well have insurance coverage, and you may well have much more insurance coverage than you ever expected. And, the insurance that I'm referring to is already in place. You simply need to find it and learn how to use this insurance - I'm referring to your old policies. In many cases, old liability insurance policies provide coverage for claims made today, because these policies were written on an "occurrence" basis of coverage. In fact, most still are written this way. This means that the insurance policy covers bodily injury or property damage liabilities (as defined in the policy) arising out of' "occurrences" or accidents that happen during the policy period regardless of' when the claim for damages is made. Therefore, for insurance purposes, the key question is: when did the "occurrence" take place? If someone falls and breaks a leg, that is clearly an "occurrence." The broken leg occurrence is, therefore, insured by the liability policy that was in existence at the time of the fall - regardless of when the claim or suit is filed, if ever. However, the answer to this question is seldom an easy one when you are looking at a pollution claim. In our scenario, the tank had a slow leak over 15 years, but property damage was not discovered until now. The question of when the "occurrence" (as defined in the insurance policy) took place has been litigated and continues to be litigated in many courts across the country. But, most often the answer has been that, for insurance purposes, the "occurrence" is the entire period that the tank was leaking (15 years), even though the contamination to the water was not discovered until 1987. This means that the person or company that is insured can potentially use all of its general liability policies (if they are "occurrence" policies, and most were), which were purchased during the 15 years from 1972 until 1987. And, these policies will potentially insure all of the claims and related exposures that arise out of this leaky underground gas tank. Scenario #2 In our first scenario, the claims and expenses were insured by past general liability policies because the claims arose out of events in the past, which, in turn, caused damage. Let's look at another example. In this scenario, Company XYZ has received a request to help clean up a landfill site because 10 years ago, XYZ dumped some toxic substances at the site, which was totally legal at the time. XYZ has not dumped anything at the site since this time. Nevertheless, XYZ is now being required to contribute $2 million to the cleanup of this site. In this scenario, if you had purchased "occurrence" general liability policies 10 years ago, these 1977 policies would (potentially) apply to the current $2 million cleanup claim. And, the reason is that the "occurrence" leading to the 1987 claim took place in 1977.

Jan 10, 1987

By David A. Smith

A new generation of reliable, stable, and easy to use bulk emulsions allowing application in tunneling and drift rounds has been developed. This new product group of bulk emulsions has been especially formulated for use in small-diameter holes and is a significant advancement in bulk emulsion technology. Reliable and easy-to-use bulk delivery equipment has been designed and developed to allow bulk emulsions to be used in a wide variety of shaft and tunneling applications.

Jan 1, 1987

By J. Platt

Recent EPRI research on utilities? likely strategies to reduce sulfur emissions differs sharply from policy analyses showing all- switching or all-scrubbing choices. Energy Ventures Analysis, with Stearns-Catalytic and A. T. Kearney, estimated sulfur-removal costs for scrubbing or switching at virtually all affected plants in the 31 Eastern States. Cost tradeoffs occur between $30 and $40-plus per ton FOB mine in Central Appalachia ($33-44-plus per tonne). 1/2 to 3/4 of total sulfur reductions comes from scrubbing, whose costs act as a cap on low-sulfur coal prices. In a severe environmental scenario, low- sulfur coal demand evaporates, replaced by very low-sulfur (0.7%) coal demand. Additional findings and implications of EPRI coal supply and market studies will be reviewed.

Jan 1, 1987

By James C. Cawley

The Bureau of Mines has empirically determined ignition probability versus current for resistive circuits in an 8.3% methane-air atmosphere. Simple ignition probability, defined as the number of ignitions divided by the total number of sparks, was determined, and the corresponding currents were recorded. The experiment was designed to minimize the probability of not observing an ignition that should occur during a series of tests. For resistive circuits in 8.3% methane-air mixtures, the experimental results indicate that ignition was not achieved below 2,000 rnA at 20 V dc, 350 rnA at 30 V dc, 150 rnA at 40 V dc, and 175 rnA at 50 V dc. The simple probability of ignition corresponding to these currents is esti-mated to be, respectively, 1.0 x 10-6, 1.7 x 10-7, 3.0 x 10-7, and 1.0 x 10-5 The ignition mechanism seems to break down below this point, implying that a threshold current value exists below which spark ignition does not occur.

Jan 1, 1987

By M. Gershon

The article is an excellent one, providing a basis for the conduct of the major tasks in underground mine planning and scheduling. I object to only one word. Since that word is featured in the title, it is a strong objection. The word used erroneously is optimization. There is no optimization performed in the article. By definition, an optimization is an approach that yields the best of all possible solutions. We can limit this definition to its narrowest sense, the optimization techniques of operations research such as linear programming, or broaden it to include less sophisticated search procedures that find the best mine plan or schedule. No such claim is made in the article. No optimization of any kind is performed. The major tool used is a simulation, which, in truth, is probably more appropriate for this problem than any optimization. But simulation does not optimize. It only allows for quick evaluation of many options, leading to the selection of the best plan "of those tried," not "of all possible plans." This article, of course, is not the first mining paper to make this error. It seems that the word optimization is used more to impress people than to refer to any act of optimizing. It is used in a way that implies "try to optimize" or "come close to optimize," but not to really do it. It is usually appropriate to quietly ignore this error. But when Dr. Chatterjee, who has done so much good work in true optimization projects and whose work I have come to admire, makes such an error, it is time to publicly dispute it. Having discussed this very point with him in the past, I am sure that he will agree. If he can support this position in his response, perhaps people will start to listen and we can reduce the number of false claims of optimization. This should be easy for him in this case since the approach he used, simulation, is the more appropriate one anyway.

Jan 1, 1987

By L. D. Smith

"Those who submit competing proposals for projects seek to present senior management with complete and fully supported material that will not fail under questioning. Hopefully, misleading notions and omissions will have been minimized and there will have been testing of the assumptions regarding the economic, social and political environments. A capital project evaluation team can do management and itself a service by including a sound approach to the impact of inflation (and its twin problem, interest) on a project and a great disservice with an inappropriate approach to inflation.InflationHandled deftly, inflation can alter a project evaluation to show almost any result the handler desires. It must be a constant source of frustration for design people and cost estimators to spend weeks perfecting the technical aspects of a project in order to minimize costs, only to have all of their efforts set awash in a sea of financial and economic assumptions that submerge all of the detail. In all of this, inflation is perhaps the largest offender, with inflation criteria often being brought to bear at the last minute, almost as an afterthought. Perhaps this tardiness reflects the difficulty of the subject and the belief that senior management will take its own approach to the problems of inflation. Such a belief is unfair to senior management, for it is entitled to not being misled by omission. It is entitled to the full use of the skills of the evaluating team, including respectable assumptions of the impact of inflation.Working in a consulting context, one has the opportunity to participate in the evaluation of a large number of projects. Reflecting the observation of a wide range of views regarding the subject of inflation, this paper will-address the impact of five different approaches to inflation on the evaluation of a single Canadian mining project."

Jan 1, 1987