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By J. A. Botín

NPV is a static measure of project value which does not discriminate between levels of internal and external risk in project valuation. Due to current investment project?s characteristics, a much more complex model is needed: one that includes the value of flexibility and the different risk levels associated with variables subject to uncertainty (price, costs, exchange rates, grade and tonnage of the deposits, cut off grade, among many others). Few of these variables present any correlation or can be treated uniformly. In this context, Real Option Valuation (ROV) arose more than a decade ago, as a mainly theoretical model with the potential for simultaneous calculation of the risk associated with such variables. This paper reviews the literature regarding the application of Real Options Valuation in mining, noting the prior focus on external risks, and presents a case study where ROV is applied to quantify risk associated to mine planning.

Jan 1, 2012

By D. F. Malan

In deep level hard rock mining the rheological behaviour of the rock is important as time-dependent aseismic processes can lead to a stable dissipation of energy thus reducing violent outbursts. Underground closure measurements, observations of time-dependent fracture formation and siesmic data indicate that the rock in deep South African gold mines shows significant time-dependent behaviour. The objective of this work is to quantify the time-dependent rock behaviour for laboratory specimens and underground conditions. Laboratory experiments indicated that lava and quartzite specimens undergo measurable creep strain at stress magnitudes below the failure stress. Quartzite is however prone to more significant creep at lower stress levels. A viscoelastic analysis showed that laboratory creep results can not fully explain the behaviour observed underground. The in situ behaviour is governed mainly by the rheological behaviour of the fracture zone and the resulting time-dependent formation of new fractures. A viscoplastic discontinuity model implemented in a boundary element program is used to simulate this behaviour.

Jan 1, 1997

By W. K. Gummer

"THE LOCATION of Canada's present aluminum industry is determined by availability of hydroelectric power, and ready access to ocean transport facilities. The chief raw material for the production of the metal is imported by ship over several thousand miles of water. In times of freedom of shipping and uncontested movement this provides the industry with its cheapest method of operation. However, during the early part of the last decade the general conditions of ocean and rail transportation were such that interest in the treatment of materials other than bauxite was greatly stimulated. This was the case not only in Canada, of course, but in most other countries.Canada has no deposits of bauxite and much research was carried out on other aluminous materials, chiefly silicates, in an effort to develop more or less economic and feasible methods of treatment. In the United States, this research was considerably more extensive. Some projects were early shown to be of little or no value, whereas others, including the widely publicized lime-sinter and soda-lime-sinter methods, became important. In North America, however, apart from the application of the sinter method to the hitherto waste-product (red mud) of the normal Bayer plant operation, none of these processes contributed appreciably to the production of aluminum during the war. In certain European countries, on the other hand, largely because of their situation with regard to bauxite deposits, they had a more general application, and Germany, for example, produced alumina from clay, ashes, and slag by at least four methods."

Jan 1, 1952

Rock property tests were performed on NX-size diamond drill core from the roof, floor, and coal from the longwall mining section of Federal No. 2 mine, West Virginia. The purpose of these tests was to determine the engineering properties of the various strata as part of a ground control study of the longwall operation. The following tests were performed: 1. Uniaxial compressive strength, Young's modulus, and Poisson's ratio 2. Triaxial compressive strength 3. Brazilian tensile strength 4. Modulus of rupture 5. Specific gravity Thirteen boxes of core delivered to the University on April 1, 1974 were identified as follows: 2 PTR 1 -2 boxes of roof rock 2 PTF 1 -2 boxes of floor rock 2 PTR 2 -2 boxes of roof rock 2 PTF 2 -2 boxes of floor rock with approximately 3 ft of coal in Box 2 (designated 2 PTC 2) 2 PTR 3 -2 boxes of roof rock 2 PTF 3 -2 boxes of floor rock 1 PC 5 -1 box of coal

Jan 1, 1976

By Grant R. J. Bearss

Due to environmental concerns in urban construction, many typically simple projects become very complex or feasibly impossible. The introduction of relatively new concepts has redefined "impossible", again simplifying these projects and making them "possible". Case Study One covers the use of Pressed-in Tubular Piles on portions of the Long Island Expressway in Queens, New York. Innovations in the design, material and installation method solved many typically inherent problems on projects of this type and resulted in cantilevered walls that supported a 35ft (10.668m) excavation. Design predictions and actual measured deflections of this wall were within millimeters. Case Study Two covers the use of Pressed-in Tubular Piles on portions of the Hodogaya Bypass in Yokohama, Japan. Innovations in equipment development allowed for a cantilevered retaining wall to be constructed without affecting the adjacent right-of-way, dramatic reduction of the overall construction duration and installation of tubular piles in soils with SPT N values greater than 160.

Jan 1, 2002

By Makoto Kimura

Failure tests on laterally loaded single and pile group are analyzed with a 3-dimensional elasto-plastic finite element program. In the analysis, the mechanical behavior of the ground is supposed to be elasto-perfect plastic with Drucker-Prager's yielding criterion. The nonlinearity of the piles is simulated by assuming a hyperbolic relation between the bending moment and the curvature of the piles. The influence of the axial stress on the cast-in-place concrete piles is also considered in the numerical analysis. It is found that the mechanical behavior of the piles subjected to lateral loading, such as the load-displacement relation up to an ultimately large deformation, and the distribution of bending moment in the pile group can be well simulated.

Jan 1, 1996

By M. Melashvili

"The SART Process was introduced to the gold mining industry in the late 1990s and several commercial plants were built over the following 10 to 15 years. Most of these plants have operated well and enjoyed plant performance in line with expectations based on the underlying chemistry of the process. However, two of the plants have consistently suffered from high reagent consumption and poor product quality, which has motivated a re-examination of the process fundamentals in the hope of understanding the reasons for poor performance when it occurs, and developing mitigating strategies.This testwork along with a review of the relevant literature has demonstrated that the amount of sulphide added to the primary reactor, relative to the copper concentration, is the most critical parameter dictating plant performance, with pH and residence time important secondary factors. The primary product in the SART Process is synthetic chalcocite, Cu2S, and the stoichiometric requirement for sulphide addition is therefore 0.5 moles per mole of copper in solution. Testwork shows that when sulphide is added in excess of this amount (generally with the express purpose of lowering residual copper in solution) it not only fails in its intended purpose, but can have a negative impact on the settling and filtration characteristics of the copper sulphide product, as well as the final product quality. Moreover, these problems are exacerbated the higher the selected operating pH in the pH 3 to 5 range, and the longer the residence time of slurry in this pH range.Freshly precipitated copper sulphide compounds are known to be very fine and slimy, with poor settling and filtration characteristics. It is therefore important to engineer the SART Process in such a way as to encourage growth in the average particle size of the precipitate crystals. This was the rationale for recycling a portion of the thickener underflow to the primary reactor when the SART Process was developed. The theory of crystallization predicts that compounds of extremely low solubility, such as chalcocite (Cu2S: KSP = 10-48), are likely to experience growth in crystal particle size through aggregation rather than heterogeneous nucleation. On this basis, the SART practice of recycling a portion of thickener underflow to the primary reactor in the commercial plants is unlikely to lead to crystal growth via nucleation, and could in fact promote breakage of the aggregates that formed in the thickener. Recycling thickener underflow could therefore have the opposite of the desired outcome. The result of testwork that is reported here lends credence to this theory and questions the wisdom of recycling in the SART process.There is evidence to suggest that operating the copper sulphide thickener in the SART Process without flocculants may be beneficial. Thickener underflow densities could improve from the current 10 - 15% range to 40 - 50%. This will not only reduce the flowrate of slurry to the filter, but the filtration properties of the slurry (filtration rate, filter cake moisture content) will also improve. This is one of the most critical engineering and design aspects of the SART Process, and the achievement of high solids density in the thickener underflow will not only improve the health and safety aspects of the operation, but also has the potential to lower capital costs and improve the quality of the final product."

Jan 1, 2016

By Bohrn W, Milionis K, Tessmer G, Reidetschlager J

The share of electric arc furnace based steel production is increasing - New technologies for the production of virgin raw materials for EAF production are under development and on the market - VAI has a strong position in the field of scrap substitution technologies with their COREX«-, COREX«-DR and FINMET«-technology. In late-1998 the steel plant SALDANHA was started up successfully. This integrated compact mill is using the COREX«-technology as hot metal and a combined DR-plant as DRI production unit. Also in 1999 the BHB FINMET« plant Port Headland went on Stream.

Jan 1, 1999

A Loss of Strength of Gold Sulfide Concentrate Before Grinding and Cyanidation Using Magnetic Impulse Treatment Gold recovery from sulfide concentrates is going with cyanidation usually. The fine grinding to 95 per cent -0.020 mm is required for refractory concentrates, in which gold encapsulated by sulfides. According energy consumption is 10 and more kW h/ton. At this paper we suggested to use magnetic-impulse treatment with small energy consumption 0.1-0.2 kW h/ton for loss of sulfide strength before grinding and cyanidation. The object of studies was the gold-pyrite flotation concentrate which was produced from ores at the Kumtor Mine, Kyrgyzstan. The concentrate composition, physic-mechanical properties and loss of strength mechanism were studied there. The tested concentrate assayed, per cent: 62.5 pyrite, 10 feldspar, 10 mica, 5 quarts, 5 carbonates, 4 haematite and another. Haematite has intimate intergrowth with pyrite ? partially with quarts. The magnetic susceptibility of haematite and less pyrite causes in these grains and mineral complex the effect of magneticstriction. As a result numbers of deformations are increased and minerals and gold are also exposed. Lateral and longitudinal strains in the minerals by magneticstriction were calculated in this work. By quantitative analysis of pyrite mono fractions were showed next micro impurities: alumina, arsenic, nickel and others elements. These micro impurities are generated a charged dislocation, cracks and micro cracks. The inter-granular links at a boundary of haematite-pyrite, pyrite-quarts, haematite-quarts have disintegrated. The dislocation is depended from mineral modulus elasticity. It was determined an indicator of mineral electro-mechanic sensitivity which characterises a conversion of electro-magnetic energy to mechanic energy. Pyrite has most dielectric constant and electro-mechanic sensitivity as haematite and quarts. The dislocations in pyrite are account for clacks and a loss of mineral strength. Size analysis of the flotation concentrate after magnetic-impulse treatment is shown the increasing the content of thin fractions by comparison no treated concentrate. Magnetic-impulse treatment has increased the effect of the next fine grinding too. The electronic microscopy has confirmed a loss of strength of gold sulfide concentrate. The gold recovery by cyanidation increased too after preliminary magnetic-impulse treatment of concentrate by laboratory tests. The magnetic-impulse concentrate studies at the Kumtor plant have showed that a recovery gold increase in the processing of cyanidation. The consumption of energy also reduced.

Sep 13, 2010

By W. P. Johnstone

The computer assisted generation of geological models to represent the geometry of, and grade distribution within, orebodies is a rapidly growing area of the geological profession. Such models are increasingly used as a necessary starting point in determining the mineability of mineral deposits in terms of practical mine design and economic considerations. The transition from traditional techniques such as field or underground mapping and the manual calculation of grade and tonnage estimates, as well as related activities such as the interpolation of cross-sections, the use of stereographic projections, core logging and hand contouring, to computerized applications, is by no means complete. In fact, many geological professionals deliberately avoid the use of computer simulations based on the perception that the resulting models are simplistic and that their construction is not founded on sound geological principles. The purpose of this paper is to assess current thinking on this topic by considering; (a) an overview of advances in the drafting of geological maps, (b) the theoretical basis for multi-dimensional geological modelling, (c) the case for combining traditional and modern techniques, and (d) the benefits to the mining value chain.

Jan 1, 2003

By S. P. Pereira

The mechanized mining cycle using loaders and shuttle cars had it speak in terms of usage in the mining industry during 1950 through 1960. In Brazil, this system is still used at underground coal mines in southern Santa Catarina coal basin. With the aim of investigating the benefits of a new mining scheme using the room and pillar method for these local mines, a computational simulator model was developed in order to investigate the mining cycle. This paper presents the methodology used to develop the simulator and the results that the simulation shows regarding impact of the proposed new scheme on mining productivity.

Jan 1, 2012

By N. O. Lotter

The reliability of a set of flotation results is key to minimizing project risk either at concentrator commissioning, or at the point of implementing an improvement to an existing concentrator operation. High-Confidence Flotation Testing was developed for this purpose, and is part of the list of technologies of various scales used by Xstrata Process Support (XPS) in addressing these projects. The methodology is based on two principles: one, to ensure that the ore sample is representative and has been well-blended and subsampled; two, to perform the flotation tests in sufficient numbers of replicates with appropriate quality controls, so as to improve the reproducibility of the test data. Across ten years of practice and continuous improvement with this methodology at Xstrata Process Support, Sudbury, several improvements to this method and complementary connections into sampling and quantitative mineralogy have been developed. Two case studies are reviewed. These show the capability of this system in both optimizing an existing concentrator operation and in serving a new mine scenario. Further work to improve the efficiency of this procedure has been identified.

Jan 1, 2009

By Will H. Coghill, Fred D. DeVaney, R. S. Dean

Part I CONTENTS

May 1, 1934

By H W. Wu, D Humphreys

The structure of a comprehensive research project into mine fires study applying the Ventgraph mine fire simulation software, preplanning of escape scenarios and general interaction with rescue responses is outlined. The project has Australian Coal Association Research Program (ACARP) funding and also relies on substantial mining company site support. This practical input from mine operators is essential and allows the approach to be introduced in the most creditable way. The effort is built around the introduction of fire simulation computer software to the Australian mining industry and the consequent modelling of fire scenarios in selected different mine layouts. Application of the simulation software package to the changing mine layouts requires experience to achieve realistic outcomes. Most Australian mines of size currently use a ventilation network simulation program. Under the project a small subroutine has been written to transfer the input data from the existing mine ventilation network simulation program to æVentgraphÆ. This has been tested successfully. To understand fire simulation behaviour on the mine ventilation system, it is necessary to understood the possible effects of mine fires on various mine ventilation systems correctly first. Case studies demonstrating the possible effects of fires on some typical Australian coal mine ventilation circuits have been examined. The situation in which there is some gas make at the face and effects with fire have also been developed to emphasise how unstable and dangerous situations may arise. The primary objective of the part of the study described in this paper is to use mine fire simulation software to gain better understanding of how spontaneous combustion initiated fires can interact with the complex ventilation behaviour underground during a substantial fire. It focuses on the simulation of spontaneous combustion sourced heatings that develop into open fires. Further, it examines ventilation behaviour effects of spontaneous combustion initiated pillar fires and examines the difficulties these can be present if a ventilation reversal occurs. It also briefly examines simulation of use of the inertisation to assist in mine recovery. Mine fires are recognised across the world as a major hazard issue. New approaches allowing improvement in understanding their consequences have been developed as an aid in handling this complex area.

Jan 1, 2005

By Jonas Olsson

"The picture of China as an antiquated continent is changing rapidly and fast-forwarding progress is a fact in most infrastructural fields. Mining is not an exception. China is today the largest producer of aluminum, coal, steel, zinc, tin, lead and manganese and the country’s mineral resources comprising approximately 12% of the global reserves ranks them number three in the world after US and Russia.In order to feed the growth industry is needed to take extra ordinary strides to improve supply of raw material and Chinese mines are continuously being upgraded with the latest western technology to meet the increasing domestic demand of base metals.In Anshan located in China’s northeast province Liaoning we find one of the fastest developing mining companies, Angang Iron & Steel Group Co. Ltd. With their six mines that together process approximately 60 M ton iron ore/year Angang Iron & Steel Group Co. Ltd is the largest iron ore company in China. The group’s thorough pre-studies and technical evaluations over the past five years have made them very successful in both plant upgrades of existing operations and green field projects.INTRODUCTIONWe live in a time when the world market is gradually acclimatising to the global consequences of “The China effect”. An effect caused by a formerly sleeping giant nation that during the last years has awakened and developed beyond comparison, primarily because of booming infrastructure projects and demand for capital and consumer goods"

Jan 1, 2006

By Ernest F. Burchard

A Reconnaissance of the manganese- and chrome-ore deposits of Cuba was made by the writer, as a representative of the U. S. Geological Survey, in company with Mr. Albert Burch of the Bureau of Mines, under instructions of the Secretary of the Interior, in the spring of 1918. The Cuban Government courteously detailed Sr. E. I. Montoulieu, a mining engineer connected with the Treasury Department, to act as escort and associate throughout the work on the island. The object of the study was to obtain authentic information for use of the United States Government as to the location, character, quantity, and availability of the manganese- and chrome-ore deposits in Cuba. Accordingly, the work comprised examination of such deposits as seemed to be of promise, without regard to stage of development, with a view to a determination of the quantity and quality of ore likely to become available for shipment during 1918 and 1919, and of the tonnage of ore in reserve. Wile it was possible to visit most of the deposits that seemed to be of promise, there was not sufficient time to visit all that were brought to our attention, some of which may have merit. Moreover, the necessity for paying particular attention to the ore deposits and the mines precluded the possibility of making more general studies of the geology of the region, and of making satisfactory collections of country rock and of fossils, and so for other details as to the geography and geology of Cuba the reader is referred to the report by Hayes, Vaughan, and Spencer.l Mr. Burch returned to the United States about 10 days in advance of the writer, who continued, in company with Sr. Montoulieu, investigations of reported deposits in Pinar del Rio, Matanzas, and Santa Clara Provinces. On his arrival in Washington, Mr. Burch submitted to the Director of the Bureau of Mines a summary of the results of the work to date. Later the writer published, as Press Bulietin 190. 380 of the U. S. Geological Survey, a statement concerning the chrome and man-

Jan 1, 1920

"Generation and removal of fines are considered in the context of the mill and classifier as a single-unit process in which grinding rates and mechanisms, mill residence time distribution, circulating load, and classifier performance all interact to effect the overall grinding circuit productivity. Required process design specifications are identified, and a computer assisted design procedure for application of hydrocyclones in closed circuit grinding is presented. INTRODUCTIONThe purpose of the grinding circuit is to carry out the size reduction necessary to suitably prepare material for the upgrading process(I) The desired product size specification being the d1st1nguishing criterion between the ""fines"" (smaller than desired product size) and the ""coarse"" fraction (larger than desired product size), the capability of the grinding circuit to perform its task effectively depends on the nature of two processes that are taking place;(a) size reduction of the coarse material, and,(b) removal of fines from the system."

Jan 1, 1984

By Rajiv Kalra

This paper reviews the following aspects of the world?s largest manufactured Grinding Mill?s in terms of diameter and power, along with the world?s biggest shop assembly and trial run of the mills delivered to Sino Iron Magnetite Project in Australia. 1. An overview of the basic flow sheet of the Sino Iron (Magnetite) Project located in Australia 2. An overview of in-house designed CITIC Heavy Industries 12.2 m (40ft) F x 11 m(36ft) LG ? 28MW AG mills including FEA and major components 3. In-house manufacturing at CITIC-HIC work in Luoyang China of all major components for 6 off Ø12.2 m(40ft) AG mills and 6 off Ø7.9 m(26ft) x 13.6 m(44.6ft) LG-2 x 7.8 MW Ball Mills 4. Major aspects of design and preparation of the biggest shop trial run of Ø7.9 m(26ft) x 13.6 m(44.6ft) LG Ball Mill witnessed by international EPCM?s and clients in July 2009. 5. Major aspects of one piece assembly of 1300 tonne rotating element of the Ø12.2 m(40ft) x 11 m(36ft) LG AG Mill and Ø7.9 m F (26) x 13.6 m(44.6ft) LG Ball Mill at the port of the export China and transport to Australian Port and then to site. 6. An insight to unique installation methods used for Ø12.2 m(40ft) and Ø7.9 m(26ft) rotating element lifting on the mill foundation in one piece assemblies. 7. CITIC Heavy Industries present capability for in house design and manufacture of Grinding Mills up to Ø13.7 m (45 ft) with 35 MW Gearless drives and Ø12.2 m(40ft) with 2 x 10 MW Geared Mill drives

Jan 1, 2012

By J. R. Thoenen

"The curtailment of imports of foreign potash during the World War directed attention to the necessity of establishing a domestic source of potash for fertilizer, and considerable study has been given to the subject by Government bureaus, research organizations, and private individuals. These studies have covered all known sources of potash, and among them the extensive greensand deposits of New Jersey in which the potash content is found in the mineral glauconite have been investigated.Several hundred patents have been obtained covering processes for the extraction of potash from siliceous minerals, but up to the present time none have proved successful on a large commercial scale.When the investigation of the potash deposits of Texas was started by the Federal Government, the laboratory study of the drill cores was assigned to the Nonmetallic Minerals Experiment Station at New Brunswick, New Jersey, with the object of ascertaining a possible commercial method of utilization.The purpose of this preliminary study was to investigate existing literature and previous investigations to ascertain the extent and availability of the deposits, the extent of commercial success so far attained in potash extraction, the most promising known methods and by-products obtained from them, probable markets, and possibility of competition with foreign potash, and by a study of these data to determine whether further chemical engineering analysis and laboratory investigation were warranted.As the study advanced it became evident that adequate reserves of green-sand were available for many years supply. and that whereas many processes had been patented few had been tried commercially. In collaboration with former private and Government investigators these patents were first divided into two"

Feb 1, 1929

By Claude Dufresne

The technical development of the niobium-bearing products is to a great extent influenced by the striving of the respective industries to maintain or strengthen their positions in all fields of application against competing materials. South East Asia, China, Eastern Europe and CIS are slowly becoming significant consumers of ferroniobium. As a result, the world niobium market has been stable despite the slowdown in steel production in 2001. This paper will describe present producers, capacities and the current market conditions.

May 1, 2003