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By W. C. Shanks

Metalliferous sediments and/or saline brines have now been discovered in numerous sea floor deeps along 900 km of the axial rift zone of the Red Sea (Fig. 1). The Atlantis II Deep remains the most interesting of the the brine deeps both in terms of intensity of submarine hydrothermal processes and in terms of potential economic importance. In fact, successful completion of a pre-pilot mining test in 1979 indicates that the Atlantis II Deep may become the first deep sea base metal sulfide mine (Mustafa and Amann, 1980). Under the most optimistic scenario, the Atlantis II Mine might be established 4-6 years after completion of a year long pilot mining test in 1983-84. If established, mining would produce about 100,000 tons per day of wet mud with about 200 tons per day contained zinc, and proportional amounts of Cu and Ag. Expected mine life would be about 15-20 years (Anon., 1981). In addition to direct economic importance, the Red Sea brines and metalliferous deposits provide significant insight into exploration for sea floor brine-related ore deposits and for analogous ancient deposits. In this paper I will concentrate on the economic potential of Red Sea deposits and sea floor exploration for brine related deposits, but some ramifications of relevance to ancient deposits are extant.

Jan 1, 1982

By Earl Sweet

This overview of economic and financial market prospects examines the current and future state of the global and Canadian economies with a focus on commodities. Housing prices and global conflicts all have effects on the overall economy and metal prices and mining developments in particular. This presentation outlines where we are today and where the author and BMO see the economy moving over the next few years.

Jan 1, 2016

By J. A. Drozdiak, W. Tse, P. P. Rosario

"In a recent publication (SAG 2015), we presented a non-conventional high pressure grinding roll (HPGR)-ball mill circuit as a lower capital cost alternative to the “standard” HPGR circuit. The circuit was designed for the treatment of a hard ore and relatively high tonnage (50,000 t/d). That paper provided details such as flowsheets, layouts, and equipment lists for the two options and compared their calculated capital costs demonstrating significant savings for the proposed circuit. This paper extends the analysis to a third option, a traditional semi-autogenous ball crushing circuit, giving the same level of details and now including the operating cost estimates for all three options for a more comprehensive analysis. Moreover, this work also provides information about the strengths and weaknesses of the non-conventional HPGR circuit when compared to the “standard” HPGR option.This study demonstrates that the proposed non-conventional HPGR-based circuit not only provides a lower overall capital costs for the project if compared to a “standard” HPGR circuit but also brings the capital cost to the level of the traditional semi-autogenous grinding (SAG)-ball mill circuits. In addition, the innovative HPGR circuit provides similar operational cost savings of the “standard” HPGR and thus a significant advantage when compared to the SAG option. With the current capital cost sensitivity for most greenfield projects, the proposed alternative circuit should help make HPGR-based circuits more competitive and thus promote the utilization of a technology that enables higher energy efficiency and reduced greenhouse gas emissions. INTRODUCTIONThe application of high pressure grinding roll (HPGR) technology in comminution circuits is well established for the processing of cement, diamonds and iron ore (Broeckmann & Gardula, 2005), and over the past 10–15 years, this technology has slowly been applied to hard ores in high-tonnage precious and base metal operations. Unfortunately, under the current economic climate, the ability to finance large capital projects has become very difficult and companies tend to have an easier time securing funding if the capital expenditures (CAPEX) are low with a proven process method. The traditional semi-autogenous grinding (SAG) mill / ball mill circuits easily fit into this mould, having been installed in countless plants around the world over the past 30 years with relatively low capital requirements. In contrast, it has been well-documented that HPGR-based circuits are capital intensive with complex material handling systems (Seidel, Logan, LeVier, & Veillette, 2006). Although these circuits benefit from reduced operating costs with the increase in energy efficiency and the elimination of steel grinding media (Rosario, Boyd, & Grundy, 2009), if the company is unable to secure financing to build the plant, these advantages remain out of reach. With the current trend to retrofit existing SAG circuits with a secondary crushing circuit to achieve design throughput, the opportunity to circumvent this gross inefficiency by making HPGR-based circuits more capital friendly would greatly benefit the industry."

Jan 1, 2016

By John O. Galloway

"The year 1947 was a momentous one in the history of the petroleum industry in Canada. It was in that year that Imperial Oil Limited made its discovery at Leduc, the forerunner of other discoveries, large and small, and the spark wl1ich started a most intensive exploration and development programme there.If, to use boxing parlance, Leduc was the first blow of a one-two combination which left doubting Thomases groggy, then Redwater was the number two blow which achieved the knockout. The oil industry's exploration leaders did about-face without delay and the rush of oil operators of all classifications to western Canada began. It is still continuing, and the influx of capital which the operators have brought in and are bringing in has a bouyant effect upon the over-all economy. The boom is on, but it is a sound one, and it is difficult to conceive that it will have anything but the most beneficial effect on Canada, and particularly western Canada.The petroleum industry is an important segment of the general economy. Its activities call for tremendous amounts of capital; its employees are well paid; it is a large customer for a wide range of products of other industries; its commodities are essential to the citizens and the nation.The industry is carried on by highly aggressive and independent groups and individuals, of which a small minority are integrated while the majority are relatively small operators engaged in only one or two phases of the business. Competition is the rule and, since the nature of the business is mass production, the industry is faced from time to time with serious problems, many of which are peculiar to it."

Jan 1, 1950

By Rodger C. Smith

The topic chat has been assigned to me ?Economic and Political Climate of the Potash Industry? is a function of two basic facts: 1. Potassium is absolutely essential to plant and animal growth. Along with nitrogen and phosphorus it is one of three major plant nutrients, the three nutrients required in largest quantities for plant growth. 2. United States is unequivocally an "have not" nation with regard to potassium. Quantity of potassium ores is limited and, more disturbing, the cost of production at all U.S. potash mines is marginal in comparison with the major producing countries, i.e. Canada and U.S.S.R.

Jan 1, 1983

By Seffen Leppla, Rolf Katzenbach, Matthias Seip

"Abstract The economic and safe design of deep foundation systems in difficult soil conditions is based on a reduction of construction material used, construction time spent, energy consumed and a high-level modelling of the soil-structure-interaction. The special foundation system Combined Pile- Raft Foundation (CPRF), in-situ load tests on the construction site and a sufficient soil investigation allow cost optimised constructions. In any case at challenging projects the observational method has to be applied for verification and quality control of the design. Regarding the 4-Eye-Principle as basis of the quality control management an independent peer review of the planning, design and construction phases is the guarantee for safety, serviceability and optimisation of all projects. Main execution standards for the construction of deep foundations based on the Eurocode 7 are summarised and discussed. The paper presents the basics of the safe and qualified design and construction of foundation systems including quality assurance. The application in engineering practice is shown on achallenging project of high-rise buildings with difficult boundary conditions.IntroductionThe construction of deep foundation elements in inner cities are special challenges due to the limited space for the construction works and the effects on existing buildings (Figure 1).An economic and safe design of deep foundation systems in difficult soil conditions is based on the following main aspects:•,qualified experts for planning, design and construction•,interaction between architects, structural engineers and geotechnical engineers•,adequate soil investigation•,design of deep foundation systems using the Finite-Element-Method (FEM) in combination with•,enhanced in-situ load tests for calibrating the soil parameters used in the numerical simulations•,quality assurance by an independent peer review process (4-eye-principle) combined with theobservational method if necessary"

Jan 1, 2014

By Tapan Goswami, Brent Geoff

Mining multiple steeply sloping coal seams introduces challenges in terms of safety and productivity. Work on steeply sloping surfaces for the processes of bench preparation, mark-out, drilling, loading and blast tie-up, coal cleaning and recovery is inherently hazardous. Furthermore, a large number of mining cycles is usually necessary, as small rounds are required and each layer is separately drilled, loaded, blasted and excavated. This exposes personnel and machines to additional risks and also incurs higher unit costs of mining as machine productivity is reduced. A case study is presented of a mine in New South Wales, Australia where three coal seams are separated by layers of inter-burden rock. Due to the unfavourable sloping nature of the coal seams the conventional practice was to drill and blast each layer separately.

Jan 1, 2010

By D. V. Bush

The economic application of real time computer control can be broken down into 2 broad areas of concern. The first would be in gaining the most efficient utilization of energy. The second would be in improved product quality. This paper will be primarly concerned with the first area of efficient energy utilization as that area has the greatest effect on costs and thus net profits. Most process control strategy attempt to achieve the greatest comminution with the least amount of energy thus maximizing efficiency. A more direct approach to energy control involves a total mine and mill energy management system. In most cases these systems have an ability to achieve a very short payback period with the greatest return on investment.

Jan 1, 1986

By Alvin Kaufman

The industrial revolution of the early 1800's and the subsequent remarkable progress in raising American living standards are based not only on a constantly improving technology but on an ever increasing use of energy from mineral fuels and waterpower. Industrial nations require inexpensive energy sources in order to grow. The more complex the economy, that is, the more intensive the processing of raw materials, the greater the energy needs of that economy. As a result of the current international economic expansion, the worldwide search for sources of low-cost energy has accelerated. As a part of this search there is considerable interest in the potential for commercial development of geothermal power, particularly abroad and in the western United States. This interest is indicated by the fact that 40 exploratory wells have been drilled in the California thermal areas alone during the 1955-62 period. Of these, 24 were drilled in The Geysers, Casa Diablo, and Salton Sea areas.

Jan 9, 1964

Three key areas of C.I.P. plant design, viz. leach- ing time, adsorption and the gold loading on the carbon, are discussed and illustrated with examples. The need for accurate pilot plant data for use in assessing and optimising design is emphasized. This approach should minimize capital and maximise return on capital. It is demonstrated that, as regards adsorption, economics favours short retention time, high gold loadings and mechanically agitated, draft tube reactors. INTRODUCTION Little attempt appears to have been made in Australia to design the present generation of C.I.P. plants to achieve an economic optimum. Most would, seem to have been based on pre- liminary leaching data, gold extraction and value and rule of thumb which, in general, has led to over design and over capitalisation. An essential step to effective economic design is a comprehensive pilot plant study to establish definitive operating parameters, yields and reagent costs. In most cases the cost of developing this data will be more than offset against capital savings in plant; the operating profit should be increased substantially, and profit is maximised for known

Jan 1, 1982

By Galen H., Clevenger

THE first and most important thing that affects the majority of lead producers in the Rocky Mountains and the western mining regions is that zinc in an ever-increasing degree is inseparably associated with the lead. The Sullivan mine in British Columbia is not only a great lead mine, but also a great zinc producer. This mine could not reach its full measure of productiveness, nor was its great value established, until a reasonably good physical method was developed for separating the lead from the zinc prior to the recovery of each metal by an appropriate process. The western metallurgists and also metallurgists in other parts of the world have long faced the lead-zinc problem. This for many years stimulated a great deal of experimental work looking toward the development of a physical or chemical method of separating lead and zinc in concentrated form from complex ores. Space will not permit of going into this work in detail, but it is sufficient to say that with but few exceptions the western lead smelter continued smelting charges many times too high in zinc for the most efficient operation of lead furnaces. The zinc was not only lost, as the zinc content of many a western slag dump bears mute testimony, but the cost of lead smelting was increased by reason of the presence of the zinc. The owner of the ore under these circumstances could be paid nothing for the zinc and, indeed, he was penalized for it

Jan 1, 1926

By R. R. Sacrison

The Barrick Mercur Gold Mine lies in the Oquirrh Mountains of northern Utah. Limestone, sandstone, shale, and chert are the predominant rock types being mined. Recent expansion has encountered rhyolite. Lithology and structural attitudes control most mechanical behavior. Slope steepening, mine planning, and site selection are presented as means by which geological engineering has contributed to the economics of the operation. Geomechanics investments of approximately $700,000 have resulted in cost savings or additional production worth over $16,000,000.

Jan 1, 1990

By R. B. Elver

The level of steel consumption per capita is one of the principal indicators of a country's standard of living. It is no coincidence that the materially advanced nations possess viable iron and steel industries to provide a reliable and economic source of steal for the manufacturing industries. No other metal is as dominantly important in manufacturing as steel. The blast furnace - steel furnace complex based on coking coal, ferrous scrap and iron ore - continues to be the principal steel-producing method. Less important is the electric furnace method based on scrap, In recent years, there has been considerable interest in the many direct reduction processes that are not dependent on coking coal but usually produce a product for further refining in steel furnaces. No matter which series of processes are used, iron ore is essentially the only source of virgin iron units. Thus, to such a vital and capital-intense industry as steel, access to a relatively inexpensive, long- term supply of iron ore is essential.

Jan 1, 1964

By M. C. LAKE

THE industrial development of the United States has been stimulated by the presence of high-grade iron ore in the Lake Superior district. These great deposits have been susceptible to economical extraction and are conveniently located for cheap lake vessel transportation to the great consuming centers. The district furnishes from 80 to 85 per cent of the iron ore annually consumed in the United States, and a full understanding of the available supply of this great commodity is so important that it is well to consider whether or not the industrial supremacy and national independence attained as a result of the abundance of cheap ore are permanent. The enormous deposits of high-grade ore available in the Lake Superior district have been the foundation upon which the vast industrial structure of the steel and allied industries has been built. It is extremely important to the country as a whole, and especially to those States and communities now dependent on Lake Superior ore for their prosperity, that their industries shall retain the particular advantages with which they are now endowed, and that a generous supply of high-grade raw material be available for their consumption at a satisfactory cost. The steel industry is so basic and fundamental that any fluctuation in the cost of its finished products as determined by the supply and cost of the raw materials involved in its manufacture will necessarily affect the business of a wide variety of industries which are dependent on it.

Jan 1, 1926

By Dirk van Zyl

Pad construction costs can impact the overall economics of heap leach projects. Pad construction costs for single-and double-lined pads, using various designs, are listed for a typical small and large project. Double-lined pads are now more often required by regulatory agencies. Unless such designs reduce the risk of site specific contamination significantly, the extra costs cannot be justified from an economical viewpoint. Specific attention is given to the short project life (typically five years) of heap leach projects. A few numerical examples are presented to demonstrate the overall economic impacts of these costs on economic parameters.

Jan 1, 1990

By Bradley Stoughton

It is very easy to reduce iron ore at a temperature well below its melting point and produce a more-or-less-pure metal which can be used directly for implements, tools, or machines. This simplicity has been the cause of much money loss by persons who were so satisfied with the successful operation of a process that they paid all too little attention to the commercial aspects of it. How easy a direct process is may be gleaned from the fact that it was practised with some -success by primitive man, and has been in almost continuous operation in one form or another for a period of probably 4,000 years. The production of steel in ton lots, beginning about 1860, brought a new phase into the economic situation, which, however, had been already greatly modified in 1784 by Henry Cort's invention of purifying pig iron. Direct processes survived both of these revolutions, under special geographical conditions, even up to the last few years of the nineteenth century, but ceased to have any general use as the basis of supply for structural, machine, or tool industries even in countries which could have manufactured iron by a direct process, but, instead, imported the product of established iron and steel processes. And this is still the situation today, notwithstanding the invention of an incredible number of 'new' processes since 1900, most of which are abandoned, and only survived as along as their financial backers were willing and able to Jose money. Probably none of these processes failed to work pretty well, and all seemed to show a handsome profit on paper.

Jan 1, 1930

By Joseph E. Pogue

THERE are two methods employed in the development of oil pools. The older and dominant method is one in which the primary object is the protection of the underground deposit from drainage through competing wells, and considerations of efficiency of extraction and cost of production are subordinated thereto. The newer and less prevalent method is one in which maximum efficiency and minimum cost are the first objectives and developments to these ends may proceed undisturbed by the exigencies of competitive drainage. The second method has developed mainly in pools under single ownership and the term "unit operation" has come to be applied to this procedure. A single ownership, however, is not essential to the method, for unity of operation may be achieved by agreement under split ownership, or even by a concert of enlightened purpose. There are examples of unit operation where neither the ownership nor the management is a unit, but merely where unity of procedure has been attained, as is the case of the Yates pool. .Throughout this paper unit operation is used in its broad sense without implying sole ownership or single management, although unit operation is more conveniently attained where these conditions are present.

Jan 1, 1930

By Simón Díaz‑Quezada, Ernesto Arancibia, HUMBERTO ESTAY, Tomás Vargas

In situ leaching (ISL) is an attractive technique that enables copper recovery from copper oxide ores that are either low-grade or located at depths too great to be economically exploited through conventional methods. At present, in situ leaching (ISL) has been applied to intact copper oxide ores, in particular, those which (i) present a good natural permeability and (ii) do not require preconditioning. Many copper oxide ores present low natural permeability. These are located above the water table and need preconditioning for the ISL application. The present work shows an economic assessment of the application of ISL to this type of copper ores. The preconditioning technique considered here involves the application of partial mining by sublevel stoping by removing a small fraction of the ore. This technique results in forming an ore bed with good permeability and good solution collection at the stope base. The economic assessment of this approach suggests that it can be implemented with positive net present values to copper oxide ores located at depths in the 100–300 m range, with copper grades above 0.4%. The maximum acid consumption values are below 52.5 kg/t, with blasting procedures designed to produce an ore bed with an average particle size below 6″. The breakdown of operational costs indicates that the mining cost is still very high, accounting for up to 60% of the total operating costs. Therefore, optimizing mining procedures is still necessary for improving the economic outlook of this approach and thus expanding the application field of ISL.

Feb 4, 2023

By Chester O. Ensign

Many publications to date have advocated under- seas mining operations, optimistically overlooking the paucity of information on mineral distribution and the ocean environments in which minerals occur. Such articles (smattered with opinion, as is this article) are herein tempered by my more conservative views on the economics of mining under the seas. For purposes of this paper, underseas mining refers only to the deeper surficial deposits of the continental shelf and the deep sea floor, i.e., the deposits of phosphorite and manganese nodules.

Jan 9, 1966

By B. P. Sullivan

This paper describes how the author projected the economic benefits of a proposed coal liquefaction project based in Pennsylvania. These benefits were assessed in a successful effort to garner government support for the project. The projections considered such issues as increases in employment, wages, and tax receipts to state and local government, plus other less-obvious benefits, such as site remediation. The paper explains how sponsors of similar projects can use economic projections in making meaningful and compelling presentations to federal, state and local authorities.

Jan 1, 2000