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By D. Pearcey, S. T. Vessey, V. Hegde, J. Staples

"Pellet quality has taken on a new dimension during the last ten years. Quality in the seventies was generally defined as adherence to certain physical and chemical specifications. Today, the talk is in terms of how the business is managed, how customer's expectations can be exceeded, not only in product quality, but in service responsiveness.Coke breeze and flux additions, lower silica levels, and improved furnace control practices have all contributed to the improvement of pellet physical and metallurgical properties. Statistical process control has provided additional insight into the parameters that affect pellet quality.Increased customer contact and product quality surveys have heightened our awareness of customer needs and also provide direction for quality improvement test work. Current work is focussed on improving reducibility and understanding the relationship between tumble, fired compression and metallurgical properties.This paper will review the Iron Ore Company of Canada's efforts during the past decade and describe some of its initiatives for the future.IntroductionThe Carol Pellet PlantThe Iron Ore Company of Canada's Carol Project is located in Labrador City in the southwestern portion of Newfoundland and Labrador , approximately 965 Ian northeast of Montreal. The project consists of mining facilities, beneficiation complex and a pellet plant, which began operations in 1962. The pellet plant consists of six Dravo-Lurgi straight grate machines, regrinding, filtering and balling facilities. The current capacity of the Carol pellet plant is approximately 10.5 million tonnes , while the concentrator has the capacity to produce about 18 million tonnes of concentrate.The orebody consists of specular hematite, magnetite and small quantities of limonite and goethite. The average grade of the orebody is approximately 39% iron."

Jan 1, 1991

By W. P. Clement, M. C. Bell

"PT International Nickel Indonesia, a subsidiary of Inco Limited, mines and processes nickel laterite ores for the supply of nickel matte, primarily to the Japanese market. It has large ore reserves and a substantial portion of its energy requirement is supplied from its own hydro-electric plant. Since the early 1980s, the company has increased its production level and has dramatically reduced its unit costs. Projects are in progress to further decrease costs and recently a major expansion - 31% increase in nominal capacity - has been undertaken, consistent with marketing opportunity in Japan. The expansion project, which has a low capital cost per unit of production, is outlined in this paper.IntroductionPT Inco is a fully integrated mining and smelting facility located in Indonesia on the island of Sulawesi, and is based on a very large, world class nickel laterite orebody located 60 km inland from the Gulf of Bone. Construction of a single furnace line plant started in 1973. Complete supporting infrastructure of townsite, hospital, schools, shopping centres, road systems, and an airport, all had to be built. Prior to completing the first phase, the decision to expand the plant to a three kiln-furnace line was made. A major factor in the decision was the ability to develop the hydroelectric potential of the nearby Larona River. This involved construction of a 30 m high dam, and a 7 km surface canal to the generating station. The penstocks drop 150m to three 55 Mw turbines. The power generated is sufficient to supply the entire electrical load for the complete smelting complex and town site. The unique capability to supply the high smelting energy requirements for a lateritic nickel ore by fully captive hydro power, has, over the past decade insulated PT Inco from the large upward swings in oil prices suffered by other lateritic nickel producers.Wet ore is first partially dried to 20% moisture in two co-currently fired rotary driers, screened on an internal trommel, and delivered to two dry ore storage buildings. The partially dried ore is calcined at 750°C and partially reduced in three large 100 m by 5.5 m kilns. Reduction is accomplished by lancing bunker C oil onto the ore bed at the discharge end of the kiln. The kilns are equipped with five air pipes with onboard blowers to gradually bum the combustible gases generated by the lance oil. The kilns were also originally equipped with two side burners to supply additional heat close to the feed end of the kiln. Calcined ore is transferred by 20 ton refractory lined containers to the furnace feed bins at the top of the smelter. Smelting is carried out in three 18 m diameter furnaces powered by 45 Mw transformers. Slag is skimmed at 1550°C through water cooled breast plates and removed to the slag dump by Haulmaster Carriers. Matte of 25% Ni, 1O% S, 65% Fe is tapped at 1350°C into the converter aisle. The iron is slagged in converters to produce a nickel sulphide matte at 80% Ni. Three rotary Kaldo converters were initially installed. The product matte is granulated, dried, and shipped in returnable rubber bags to Japan. Most of the matte is fluid-bed roasted to nickel oxide and then directly reduced in a second reducing fluid bed reactor at our facilities in Japan.The smelting complex was designed to smelt two million tonnes of dry ore per year, equivalent to 34 000 tonne nickel production at an ore grade of 2% Ni. The cost of the entire project including working capital was $900 million."

Jan 1, 1990

By D. A. Mackie, J. E. Rider

"Good belt conveyor design is the most often neglected detail in the engineering of a plant. This results in downtime from spills or jams and premature failure of equipment components. Careful layout and component selection will result in better operation, a cleaner plant and therefore lower maintenance costs.IntroductionDespite the availability of many excellent sources of data on conveyor design, such as the Conveyor Equipment Manufacturers' Association (CEMA) Manual, ""Belt Convyors for Bulk Materials"" , there continues to be repetitive errors made in design. Why? Certainly, there is no substitute for experience, but largely, classical errors in belt conveyor design is rather elementary and so the temptation to have the work done by relatively inexperienced designers is great. What that does is develop "" experienced"" designers who become incompetent through no fault of their own. It is hoped that this paper will supplement available design data, help those who are "" put into"" a design situation to better cope with their predicament, and ease the lives of plant maintenance personnel."

Jan 1, 1990

By A. A. Ruitenberg, C. J. Morrissy

"The Lake George antimony deposit comprises a system of stibnite-bearing quartz veins that cut Silurian greywacke and slate. The stibnite-bearing ore zone is in part enveloped by a uraniferous zone.The ore-bearing quartz vein system occupies an easterly striking, gently north-dipping fracture system that cuts across north-northeasterly trending gently southwest-plunging, tight Acadian (early Middle Devonian) folds. This vein system continues at depth into a siliceous skarn zone intruded by altered granite porphyry dykes, which constitute probably a late phase of the Hawkshaw granitoid intrusion to the north.Most of the ore occurs in a northeast-plunging, trough shaped vein structure that formed where the vein system (gently north-dipping) intersects the axial surf ace zone (steeply northwest-dipping) of an Acadian synform. The trough shaped structure resulted from deflection of the fracture zone (containing the vein system) by competent beds.Emplacement of the quartz-stibnite veins was preceded by, and is in part penecontemporaneous with, the formation ofa micaceous-argillaceous alteration halo, which in turn intersects a patchy biotite alteration zone.The hypabyssal intrusions associated with the Lake George deposit probably represent a late phase (early Carboniferousr) of the nearby Hawkshaw intrusive granitoid complex. IntroductionThe Lake George Antimony Mine is situated 40 km southwest of Fredericton and 2.5 kin north of Lake George, New Brunswick (Fig. 1). The mine is owned by Consolidated Durham Mines and Resources Ltd.Shaw (1940) described the early history and development of the mine. In subsequent years, available drill cores were relogged by several geologists. Much new information became available when an extensive diamond drilling program (Kidd , 1970) was started by Consolidated Durham Mines and Resources Ltd. in 1970. A study of the geology and economic potential of the deposit was made by Glover (1973). Abbott and Watson (1975) made a study of the ore mineralogy. Available drill cores were relogged and a preliminary study of the fracture system in the mine was made by G.A. Pierce and A.A. Ruitenberg during 1976. Outcrops in the area sur rounding the mine are extremely sparse.Between 1976 and 1979 the present authors made a detailed study of the mine workings, available drill core and regional structure in the vicinity of the mine, with results set forth in this paper. The regional geologic setting of the deposit, the geometry and structural controls of the ore zones, and the mineral zonation and rock alteration are emphasized."

Jan 1, 1980

By Rae Simpson

"This paper provides insight into the elements of computerized maintenance systems and identifies some of the factors which influence their effectiveness. The paper describes what to expect in terms of benefits and problems, the nature of effective computerized maintenance systems, some of the systems available and a process for selecting a system for your organization.The paper will be of interest to mining company executives and maintenance or computer personnel who are involved with, or contemplating, the introduction of computerized maintenance systems.IntroductionIn the drive to improve profits in an increasingly competitive world, mining companies are now using some of the most sophisticated equipment available. The introduction of large and complex equipment such as drag lines, haul trucks, and high-capacity milling equipment has resulted in order-of magnitude improvements in productivity. However, this productivity is now, more than ever, dependent on the continued operation of the equipment. A prolonged breakdown of a critical component can have a significant effect on companies' bottom-line results. As more technologically sophisticated equipment is introduced, maintenance costs become an increasingly important factor for mining companies.Fortunately, sound modern management principles are being used more often in maintenance departments. Progressive maintenance managers are turning to computers to help manage the myriad of details associated with running a maintenance organization.Some maintenance departments in larger mining operations would find it difficult, if not impossible, to operate at current productivity levels without their computer systems. Unfortunately, some other companies gain very little from their computerized systems and would probably be better off without them.How can you be sure that computerized maintenance will improve the maintenance picture for your company? What benefits can you expect to achieve? How do you go about selecting a maintenance system for your organization? These are some of the questions facing industry managers and executives today. In the following sections, we will provide some guidelines and insights to help address these challenges."

Jan 1, 1988

By K. Musgrave, E. Solis

"This paper tells the story of how the Dome Mine in South Porcupine increased its maintenance effectiveness and reduced its maintenance costs in two phases. In the first phase, a maintenance audit was conducted, and the results led to some changes that improved maintenance, especially in the underground equipment area. The audit methods, and the changes made will be reviewed. In the second phase, management made changes in the maintenance organization and methods, following a prolonged strike during which management operated the mine. These changes were in part the result of insights learned from their hands-on operating experience. IntroductionEarly in 1989 the Dome Mine of Placer Dome Inc. in South Porcupine, Ontario, decided to improve the effectiveness of the Plant Department. The Plant Department was centralized, except for a mill mechanical crew, and serviced all operations, a townsite of 120 houses, a curling rink, and an arena. The department also operated the powerhouse, the hoists, the mine dry and provided mechanical/ electrical engineer services.At that time the Dome Mine, located in the east end of the city of Timmins and Canada's first large gold mine originally discovered in 1909, was producing about 3500 tons of ore per day with about 742 employees. Over the 83 years of continuous operation of Dome over 50 million short tons of gold ore have been processed. The Plant Department consisted of 156 hourly and 24 staff employees. At present, the mine is producing 4000 tons of ore per day with a total of 341 employees on the payroll. The Plant Department consists of 80 hourly-rated and 18 staff employees."

Jan 1, 1993

By D. Crone, T. Watts

"The Lindsley project was a program of deep drilling to test the contact down-dip from two nickel-copper deposits, one uneconomical and the other mined out. The role of Borehole Pulse EM(PEM) was to detect the higher grade, more massive sulphide zones if they were missed by a drillhole, and to help determine geometry if the zones were intersected. Two problems appeared as the PEM survey progressed: (1) conductivity-thickness as measured by the PEM did not always relate to economic sulphides as determined by the market; (2) a pattern of unusual PEM anomalies was obtained that indicated something odd and big, but the cause was unknown. A large fold structure subsequently was indicated by a program of deepening previous holes, the third of which intersected high-grade mineralization below 1280 m. Falconbridge is in the process of shaft sinking and underground exploration.IntroductionThe Falconbridge Lindsley property is on the south rim of the Sudbury basin, 8 Ian north of downtown Sudbury. The original property was acquired by a prospector named James Stobie, who, in early August 1885, staked a showing that later became the Mount Nickel mine (Fig. I). On August 10 Stobie staked another property that would become the Little Stobie mine, and at the end of the same month he staked the main Stobie orebody.In 1888, the ground immediately west of the MOlU1t Nickel find was staked. This ground contained the Blezard deposit (Fig. 1) which was put into production in 1889 and was eventually acquired by Inco. Down-dip from the Blezard workings, on Falconbridge ground, is located the upper Lindsley No. 1 deposit which was drilled off by Falconbridge in the 1940s to 1950s. A decision to go underground on the Lindsley No.1 mineralization was made in 1969, but the project was cancelled in 1971 because of declining nickel prices. The shaft was stopped at 95 m, and the headframe and hoist were sold. Further surface exploration drilling in the 1970s discovered the deeper Lindsley No. 2 zone, but as it had grades similar to those of the No. 1 zone, it too was considered uneconomic."

Jan 1, 1992

By A. L. Holloway, N. M. Soonawala, L. S. Collett

"Since the late 1970s, a major R&D program has been under way in Canada to assess the concept of disposing of nuclear fuel wastes in deep plutonic rock. Atomic Energy of Canada Ltd . (AECL), a federally-owned corporation, has been given the responsibility of directing this research (Rummery et al., 1983).The Underground Research Laboratory (URL), constructed in a granite pluton 15 km east of Lac du Bonnet, Manitoba (Fig. 1) is a major component of the Canadian Nuclear Fuel Waste Management Program. A diverse geotechnical experimental program is being carried out during both the construction and operating phases of the URL. This program involves detailed geological mapping, rock mechanics and hydrogeology studies, and geophysical surveying, to characterize the rock mass surrounding the shaft, and it has been described by Simmons et al. (1983). As part of the construction-phase program, ground-penetrating radar (GPR) surveys are being carried out during excavation, in an attempt to delineate fractures both ahead of the excavation and behind the walls of the excavation. This paper presents the results of surveys performed during shaft excavation and describes a procedure for plotting the data.Ulricksen (1982) cites examples of radar surveys to evaluate surficial deposits, such as peat, sands and gravels, and cavity detection in subsurface hard rock. Fowler (1981) used radar for fracture and clay vein detection in coal seams.In Canada, pioneering work in GPR has been done by Annan and Davis since the mid-seventies (Annan and Davies, 1976). Their work concentrated on problems relating to permafrost in the Arctic ."

Jan 1, 1986

By W. H. Hodgson, A. R. Preston

"Improved rail production techniques provide new options for the rail user. Steelmaking improvements offer tighter composition control, lower oxide and sulphide counts, greater control of segregates and freedom from hydrogen problem s. New ultrasonic, laser and eddy current equipment gives printout information on surf ace flatness, straightness and internal condition. These have come along at a time when dramatic changes have occurred on the rail heat treatment scene. Rails can now be deep hardened on or offline in ways which should eventually result in a complete rewrite of the world's specifications. Rails of simple composition can be produced in the hardness range 2801400 BHN as required. The rail user can choose the hardness within this range according to requirement without the necessity for any step changes in the process routes.It is suggested that this is the pattern f or the next decade.IntroductionRails have been the subject of very slow improvement over many years but developments gathered momentum in the early seventies. Recent improvements in quality and properties have provided dramatic increases in rail life under the more severe service situations. Rail profile grinding, lubrication and other track improvements have greatly added to expectations of even longer life. All of this, coupled to even newer mill heat treatment developments, tilt both technical and economic advantages away from tradition to the point where specifications will need to be rewritten so that railroads can take full advantage of these new products."

Jan 1, 1988

"Technological innovation is an extremely complex activity. The author presents his interpretation of innovation and the innovative process. He reviews the strategy used by participants in coal mining innovation in the past and discusses changes required to meet the challenges of the future.Introduction if an industry is to be successful and viable in today's world, the companies active within the industry must remain close to the frontiers of knowledge. The coal mining industry is no exception. Technological problems facing the coal mining industry are basically economic and social. Economic problems are those concerned with the long-term growth and profitability and social problems, with the health and safety of the mine worker and the impact of the mining operation on the environment.Technological innovation can be a key factor in meeting these problems successfully. The general belief is that the information base for technological innovation exists within mining companies and governmental agencies but current industrial and governmental strategies and structures impede the transformation of this knowledge into the mining products and processes required for growth.The purpose of this paper is to determine where Canada is in terms of coal mining on the innovative ladder. The paper as presented: defines innovation and innovative process; gives an historical ""broad brush"" review o f innovation in the industry; and suggests the challenges to be faced in the future."

Jan 1, 1985

By D. V. Krefting, D. R. Bennett

"The Cyprus Anvil Mining Corporation established a lead-zinc mine and concentrating plant at Faro in Yukon Territory in 1969. Following some 12 years of continuous operation from a single pit adjacent to the concentrator, the company decided to expand operations into two additional areas on the Vangorda Plateau. The two new deposits, known as Grum and Vangorda, are located some 15 kilometres from the existing concentrator.Confirmation of mining feasibility was followed by determination of the most practical and economical method of transporting the raw ore from the new mine sites to the existing concentrator. This analysis was carried out in two phases. The first phase reviewed the feasibility of alternative transportation systems on an 'order-of-magnitude' cost basis. This work identified systems worthy of more detailed examination. The second phase examined the preferred alternatives in greater detail.Initially, operating principles and parameters were established and catalogued. Then, based on these criteria, complete systems were developed utilizing alternative modes of transportation . In the overview analysis, some transportation modes were judged impractical and discarded, 'order-o f-magnitude' costs were developed for other systems and the most costly were eliminated . In the detailed study, the favourable systems were examined in depth which required development of accurate capital and operating costs, consideration of environ- mental impacts and an assessment of intangibles associated with the operation of a new development."

Jan 1, 1984

By L. Dekker

"In 1979 Chevron Standard Limited and Irving Oil Limited intersected a thick, high-grade sylvinite zone in the Windsor Group in the Chevron Irving Malagawatch No. I well in central Cape Breton. This well was the third and final hole of a program designed to evaluate a non-commercial oil discovery made by Chevron Standard's Mineral Staff in 1978 while carrying out base metal exploration. Nine holes were subsequently drilled to evaluate the significance of the potash discovery. The delineation drilling proved the Malagawatch structure to be complex with the potash zone showing erratic grade and thickness distribution. Based on the drill information the potash accumulation at Malagawatch is uneconomic, however, other salt ""structures"" in the Bras d'Or Basin may in time prove to have better potential.History of DiscoveryIn 1972 Cuvier Mines discovered the Gays River lead-zinc deposit (MacEachern and Hannon, 1974) which prompted Chevron Standard's Minerals Staff to carry out a study of the Windsor basins in Nova Scotia (Figs. I and 2). As a result of this program several carbonate-hosted lead-zinc prospects were identified in the basal Windsor carbonate; one of these was at Malagawatch on Cape Breton Island . In 1978, after preliminary exploration surveys, a diamond drill program commenced consisting of 5 BQ holes (Fig. 3), three of which tested the basal carbonate. Instead of the reefoid bank facies of the Gays River Formation (Giles et al., 1979), the favoured host for economic base metal mineralization, this carbonate was developed as a laminated, pelletoidal, lime packstone more characteristic of the facies equivalent Macumber Formation (Schenk, 1967). While drilling one of these holes, No. 3-78, oil scum was intermittently detected on the drilling mud. The hole was abandoned at 191 m in anhydrite, without having reached the basal limestone."

Jan 1, 1985

By R. M. Giegerich

"This paper begins with a brief history of Madawaska Mines, a brief description of the geology, mining methods and equipment, and the historical development of 7/8-in. tapered drilling equipment. It then outlines the performance characteristics and inherent problems of the traditional 12-degree, tapered connection, blade-type insert bits. Service-free (Unipass) button-type insert bits are presented as a possible solution to these problems. The paper concludes with an analysis of button bit performance to date.Brief History of Madawaska MinesMadawaska Mines Limited, near Bancroft, Ontario, is in Faraday Township, Hastings County, approximately 100 miles northeast of Toronto and 100 miles west of Ottawa.The mine re-opened in 1976committed to 1,500 tons per day to provide approximately 600,000 pounds of yellowcake (U3O8) per year to A.G.I.P. (an Italian government agency) under the joint ownership of Federal Resources Corporation, Salt Lake City (51%), and Consolidated Canadian Faraday Limited (49%). At present, the mine is producing approximately 2 pounds per ton (.1% U3O8) at the rate of 60,000 pounds per month. The mine employs about 400 employees.Brief Description of Geology, Mining Methods and EquipmentGeologyThe Grenville metasediments of the mine area are chiefly paragneiss, amphobolite and some carbonate (marble) rocks, which were intruded by a basic rock, altered to a metagabbrometadiorite. These formations are generally concordant, striking east to northeast and dipping 45 to 60 degrees to the south. Locally, the metagabbro is often discordant. The above group of rocks (mixed hybrid gneisses) forms the hanging wall of the south-dipping Faraday granite sheet and was intruded by nepheline syenite, syenite and granite. The ore occurs in the granite-syenite-pegmatite dykes that are probably genetically related to the Faraday granite. The ore shoots are erratically distributed within the pegmatite bodies, mainly on the hanging or footwalls but also medially. Their size varies from 50 to 350 feet in length, 5 to 40 feet in width and 50 to 200 feet in height. The ore occurs most frequently in a medium-grained granite or syenite, well hematized with 10 to 30% mafic crystals of pyroxene, amphibole and/or relics of the host rock."

Jan 1, 1982

By L. J. Visentin, J. G. Rickaby

"Audiometric testing is a key element in hearing conservation in the mining environment. This paper gives the history of the audiometric testing program carried out by Inco Metals Company, including the program objectives the personnel and equipment involved, calibration and testing, the test procedure, and the classification and evaluation of the test results.IntroductionThe operations of the Ontario Division of Inco Metals Company are located primarily in the Sudbury District. They also include a refine ry at Port Colborne and a mine and concentrator at Shebandowan near Thunder Bay.The company operates nine underground mines, and one open pit, while maintaining six underground mines on a standby basis. Ore from these operations is processed in four concentrators. The metallurgical facilities include a smelter, a matte processing plant, a copper refinery, a nickel refinery and an iron ore recovery plant at Sudbury, and a nickel refinery at Port Colborne. Inco Metals currently mines roughly 9,000,000 tons annually and produces IS elements.Excessive noise in the work place has been a serious problem in the mining industry since the introduction of compressed-air-powered machinery in the last century. At the same time, growing levels of noise inherent in our social environment can threaten the hearing of employees and their families.Only in the last 20 years, however, has the extent of this problem and its implications for people working in the industry and their families been recognized. Since the industry has become aware of the situation it has taken steps to implement comprehensive noise reduction and hearing conservation programs."

Jan 1, 1982

By D. L. Churcher, R. J. Perry

"In recent years much work has been don e to examine alternate underground backfill support systems with the objectives of improving ground support and reducing mining costs. This report deals with the work conducted at Placer Dome Inc.’s Dome Mine to develop a high density backfill system, taking advantage of the unique properties of this fill material, to address a backlog of large open stopes to sustain stable minewide ground conditions for future generations of Dome miners.IntroductionDome Mine began its existence in 1909 with the discovery of visible gold on a dome shaped outcrop located west of Porcupine Lake in northern Ontario. The orebody beneath this outcrop has supported one of Canada’s premier gold mining operations for 80 years. Production during this time of over 46 000 000 tons of ore has resulted in the recovery of II 500 000 ounces of gold and 2 000 000 ounces of silver. Mining continues today at a production rate of 3500 tons per day, with ore coming from both underground and open pit operations.During the life of the mine, different underground mining methods have been used to extract the ore from a complex deposit consisting of single and multiple vein structures.Cut-and-fill mining was introduced in the 1930s using sand fill and later hydraulic fill for support and to provide a working platform. A total of 1 800 000 tons of sand fill and 7 300 000 tons of hydraulic fill have been placed underground in cut-and-fill stopes. Until the late 1960sshrinkage mining was used extensively, particularly in narrow, steeply dipping zones. Bulk mining with small diameter longholes was introduced about this time, to take advantage of low production costs. Longhole blasting has often been used to recover low grade ore from the walls or sills of old shrink stopes, resulting in large open stopes. Backfilling of these open holes has been restricted to smaller stopes and associated with local ground conditions.In the late 1970s it was recognized that the number of large open holes which were being generated presented serious regional and minewide stability problems for future operations. With higher gold prices, economic ore reserves were being tied up in areas adjacent to multi-level open stope complexes. To stabilize these stopes and allow access, backfilling would be required."

Jan 1, 1990

By J. Lebl, S. Bharti, D. J. Cornett

"This paper presents the design and application of blasthole mining to an area at Strathcona Mine previously employing post pillar cut-and-fill. Extensive mining in the area had led to gradually deteriorating ground conditions and post pillar stoping was no longer considered acceptable. Alternative methods had to be investigated.Conventional methods for mining in poor ground were rejected because of the high cost. Blasthole mining was selected because iI offered good productivity and safety with acceptable costs. The design of this approach involved field investigations and the use of numerical modelling to simulate the different blasthole options and their impact on ground stability. The blasthole design incorporated reinforcement with cablebolts, use of a radio-controlled remote LHD unit, large-diameter holes, blast design and wall control. Potentially unstable areas were outlined during mining with ground monitoring instruments and the results used to modify mining plans during the production phase.IntroductionIn underground metal mines there is a need to improve safety and productivity and lower mining costs in order to maintain reasonable rates of return on investment. This requires the application of good engineering design to both mine planning and ground control in order to optimize production and costs and to forecast potential problems during mining. The task becomes more important when extensive mining leads to gradually deteriorating ground conditions, making existing mining methods and techniques no longer acceptable from a safety point of view. Alternative mining methods must, however, be sufficiently productive to ensure profitability. This paper presents an example of the engineering design and operating approach used by Falconbridge in dealing with such a situation at Strathcona Mine."

Jan 1, 1983

By Jaime V. Ongpin

"The author will give a capsule history of Benguet Corporation and attempt to identify its operating environment and underlying ""strategy"" until 1974, when the company's management assumed office. The company's operating environment and ""interim strategy"" from 1975 to 1980 will be described. The discussion will cover an environmental forecast and define the company's"" strategy for survival"" for the balance of this century.IntroductionIn December last year, I was asked to deliver a pa per for the management lecture series a t the Asian Institute of Management in Manila. The paper was entitled "" The 1970's: A Decade of Disaster For New Mining Projects"" . In that paper, it was my task to review the results of new mining projects in the Philippines during the previous decade. The task was not a happy one, for the results themselves were not only unhappy, but disastrous on a scale unprecedented in Philippine history. Out of a total of 17 major mining project s involving an aggregate capital investment in excess o f US $2 billion during the 1970s, only three project s have been profitable, and all the rest have either gone "" belly up"" or are teetering on the very edge of financial disaster.It is in the context of this shocking record of widespread financial dislocation in the Philippine mining industry, (which in varying degrees appears to have been paralleled in virtually every other country in the world where mining is an important sector of the economy) that I address myself tonight to the theme of this symposium. My paper is entitled ""Risk Management Strategy in Mining"" and it is sub titled ""Can Benguet Corporation Survive to Celebrate its Centennial in 2003?"". I have inserted the word ""Strategy"" and added the subtitle, because I wish to make it clear first, that my presentation to you tonight will be focused exclusively on the strategic aspect s of risk management, and second that I will limit myself to Benguet's own ""in-house"" experience and perspectives on this subject. I would caution you therefore, to consider my views within this restricted framework, and in light of the particular and sometimes peculiar circumstances within which Benguet Corporation operates."

Jan 1, 1983

By Göckmann. Klau

"IntroductionCopper has been recycled ever since its discovery. Even in Graeco-Roman times recycling of this resistant, and thus valuable material was carried out as a matter of course. Just take, as an early example, the Colossus of Rhodes: after the figure collapsed during an earthquake, the bronze parts were melted down into ingots and sold.Copper is a material which can be recycled again and again because copper produced from recycling is not different from copper originating from primary materials. This is mainly due to electrolytical copper refining whereby not only the base metals but also the precious metals can be removed. In contrast, with aluminum and iron only the more electropositive elements can be removed by refining, and the resultant scrap must, therefore, be sorted mechanically into various alloys for subsequent smelting.The recycling rate for different base metals is given in Table 1. Despite this ideal prerequisite, the generally quoted recycling rate of copper of about 40070 appears rather low. However, it must not be forgotten that the recycling rate is defined as the ratio of the annually utilized quantities of copper scrap and the annual production figures (Table 2). Moreover due to the economic growth over the last 30 years the availability of copper from scrap materials is lower than its consumption because copper is principally employed in very long-life consumer durables and only returns to the recycling circuit after many years. The average time for the copper of some goods to be recycled is detailed in Figure 1."

Jan 1, 1992

By Robert B. Wickham

"American Barrick has always balanced its aggressive operating approach with a conservative financial strategy. In fact, what enables their mining team to pursue such aggressive plans with confidence is the conservative financial strategy adhered to by the company. These policies are built on a prudent mix of gold linked financings, equity and gold price hedging.This paper outlines these policies and focusses in particular on American Barrick's gold price hedging program.IntroductionThe company's balance sheet at the end of 1990 clearly shows the wisdom of its conservative policies. Total assets have grown to over US$1 billion; cash has grown to US$312 million and shareholders' equity to US$645 million. All amounts included in this paper are quoted in U.S. dollars. Increased gold production and an effective gold price hedging program also combined to produce record income from operations, earnings and cash flow in 1990.The first half of 1991 is also indicative of the benefits of the company's conservative financial policies. Increasing production, together with its comprehensive gold hedging program, has generated increased earnings, even in a period of falling gold prices.All year-over-year numbers for the first six months are up. Gold production was 36% higher; earnings of $40.2 million $ 0.30 per share - were 46% higher than 1990.Barricks revenue continued to increase despite gold prices remaining unchanged during 1990. Barrick's hedging policy protects the company from falling gold prices on the basis that the upside looks after itself. Their hedging program - including various goldlinked fmancings - enabled Barrick to realize an average price of $437 per ounce of gold sold in 1990, compared with the Comex average gold price for the year of $384 per ounce."

Jan 1, 1991

By P. K. Chatterjee

"The operations of a large-scale open-cut mine are simulated to produce a user-oriented interactive digital model. SIMULA is chosen as the programming language and a sophisticated data base system is designed to consider the complex information network of large mines. The main features of the program are the mine planning and mine evaluation modules. These modules are responsible for the computation of truck-shovel performance and other equipment details in a mine. Stochastic methods are employed to generate event times. The use of a Data Base Management System and the data base provide an efficient method of information storage and retrieval. Truck allocation techniques have been examined in detail and comparisons between random dispatching and conventional methods are made. The model is intended for mine operators and engineers and the program is well structured and very readable. It is hoped that these features will make the model readily acceptable.IntroductionThe Department of Mining and Metallurgical Engineering at the University of Queensland has been conducting research into computer simulation methods in mining since 1972. The research has been mainly applied to actual operations, with both open-cut and underground mining being equally emphasized. The results of the research to date have not only strengthened the methodology of the approach to complex mining problems, but have also increased confidence in the use of modelling and computer simulation technique s in mining.The model described in this paper translates a complex LHD situation into a user-oriented interactive digital model using SIMULA. The present methods of evaluating truck dispatching and trolley assist are tedious and laborious. This model provide s the engineer with readily acceptable means of rapidly assessing the relative merits of these techniques in a large-scale open-pit operation. Poor utilization figures in many current operations (for example, 40% for trucks, 70% for shovels) are of serious concern to mine officials and computer-controlled dynamic truck dispatching systems have been considered by some of these mines to improve equipment utilization ."

Jan 1, 1981