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The mining industry is generally regarded as a high risk industry, mainly because of the difficulties in estimating the tonnage and grade of mineral resources, the fluctuations in metal prices, mining problems and other problems which occur with mining in offshore and remote locations, such as appropriation or disruption to supply. As a consequence, finance providers require a high reward from mining projects. In the past two decades, the development of "mega" projects has led to the packaging of the finance becoming more sophisticated. Some would see this move as a measure of the evolution of banking rather than an intrinsic facet of mining finance itself. Project financial managers now require a thorough knowledge of all the financial tools which are available and have to be aware of the funding options so that they can put together a finance package which minimises the cost of the financing with the risk spread adequately between the partners of the financing. The different sources and types of finance for mining projects are described herein along with the factors which determine their costs. To understand the ramifications of financing mining projects, it is essential to appreciate the fundamental difference between debt and equity, which illustrates the importance of gearing. Costs of finance are determined by the interaction of supply and demand forces. Bankers and other financiers have become more adept at isolating a wide selection of risk elements and have devised a formidable range of insurance mechanisms. There is still a lot of money looking for good project risks and if a good project is properly presented and structured, financing can be obtained in today's market.

Jan 1, 1990

Raw materials account for over 60 per cent of the cost of hot metal production in classical blast furnaces and the principal cost component is cost of coke. Dependence on coke is a traditional weakness of blast furnace ironmaking and while efforts have been made to evolve alternative ironmaking technologies which do not use coke, such as direct reduction, smelting reduction, and the more recent method of making iron carbide, blast furnaces continue to be the most efficient means of producing bulk hot metal even today. Coal injection, to the extent of 150 - 200 kg/t of hot metal, has been one of the major innovations made in blast furnaces to decrease cost and to reduce the dependence on coke. This has, however, given rise to more stringent coke property requirements (which often means more expensive coke) - a `tail spin' of Sorts!

Jan 1, 1999

The production of sulphuric acid at Port Pirie by the contact process began in March 1924 with the commissioning of the Electrolytic Zinc Co.'s roasting and acid plant. This plant, operated by B.H.A.S. Pty. Ltd. on behalf of the E.Z. Co., continued to produce sulphuric acid from the gases evolved when roasting Broken Hill zinc concentrate in mechanically rabbled furnaces until September 1954, when the plant was closed down.In this peri9d of approximately 30 years some 600,000 mono tons of 98·5 per cent sulphuric acid was produced, most of which was used for fertilizer production at Wallaroo and Port Adelaide. During World War II 14,400 mono tons of the above was produced in the form of 20 per cent Oleum and railed to the Salisbury Munitions Factory for use in the production of nitro-glycerine, gun-cotton and T.N.T.In the early post-war period various ways of converting at least some of the sulphur in the gases' discharged to atmosphere from the lead sintering plant were considered until, in 1949, it was decided to erect a modern contact acid plant. Much work remained to be done on the roasting plant to produce a gas of suitable grade for the contact process and also on the design of a purification section suitable for the treatment of D.L. gases.The acid section itself, however, was largely of conventional design and it was therefore decided that this would be erected first. To it was then attached a sulphur-burning section to allow it to operate as a "hot gas" brimstone acid plant until the roasting and gas purification plants had been designed and erected. In this way the urgent need for sulphuric acid in the fertilizer industry would be relieved, to some extent at least, as soon as, possible.

Jan 1, 1956

By Stephen C. Tadolini

PC-Strand tendons, commonly referred to as cable bolts, have become a major rock reinforcement device for underground mining and civil applications. The most common configuration is a 1+6 strand, which designates a center king-wire, with six outer wires wound around it to form a 0.6-in (15-mm) diameter cable. The capacity of this tendon approaches 30 tons, but the performance is largely dependent on the anchorage medium and the ability of the system to transfer stresses back into the rock mass while reinforcing and suspending the immediate roof. Recent developments to improve the transfer mechanisms of the PCstrand via the anchorage medium by impregnating the individual wires with uniquely designed deformations have resulted in improved anchorage and subsequent cable bolt performance. This paper describes a series of laboratory tests used to develop the initial indentation patterns and numerical modeling simulations that were undertaken to refine and optimize the final designs. The new, indented PC-Strands, offered in both bright and properly galvanized, have been tested in the field and are being used effectively in two new cable bolt products. The results of the laboratory, computer modeling, field testing and in-situ installations provide a glance at the next generation of cable bolts. This suite of testing shows how they will improve the safety and serviceability of openings under adverse ground conditions.

Jan 1, 2012

By S. H. Ash

The coal-mining districts of Washington are mainly situated west of the Cascade Mountains. The eastern boundaries of Whatcom, Skagit, Snohomish, King, Pierce, and Lewis Counties, shown in Figure 1, form the backbone of the mountain range. The mines are on the foothills of the slope and extend to the shores of Puget Sound in the central and northern portions. The subbituminous fields of Lewis, Thurston, and Cowlitz Counties extend into the valleys west of the mountains. The Roslyn field, a small but important area, Lies on the eastern slope of the Cascade Range. If western Washington is divided into three areas from north to south the bituminous coal fields and most of the active mining operations will be found largely in the central area. In the southern portion there are large areas of subbituminous coals of varying quality extending from Centralia to the Columbia River. In the northern portion, mining is at present practically restricted to one mine which is working a subbituminous bed near the city of Bellingham.

Jan 1, 1931

Gold mines produce unique water treatment requirements. This paper focuses on case studies of innovative processes used for treatment of water resulting from gold mining and processing. The case studies include treatment of mine dewatering water for beneficial application from an Australian gold mine, Bendigo Mining, as well as treatment for arsenic removal of tailings water from mining and processing at Goldcorp mines in Canada. Gold mining can often require dewatering to prevent groundwater seeping into and flooding the mine workings. Gold mining and processing often accumulate wastewaters in a tailings dam. The mine water can contain contaminants such as dissolved salts, iron, arsenic, manganese, heavy metals and odorous sulfates. Environmental discharge requirements as well as community needs for water drive mine operators to consider the most appropriate water treatment process. Treatment of gold mine water can require processes including oxidation, pH adjustment, coagulation, flocculation, clarification, further oxidation/adsorption of specific metals such as manganese, filtration, salt reduction utilising reverse osmosis, brine minimisation and other innovative technologies. These processes are discussed through the case studies with examination of the specific treatment process that is required. This paper uses real case studies of gold water treatment processes to explain and examine the technology and the reasons for designing specific processes. The focus is toward explaining innovative processes where the water is used for sustainable environmental discharge or treatment to a quality that can be beneficially used by the local community.

Jan 1, 2007

The structure of the Bulli coal seam at Appin Colliery was detailed by the seismic reflection method. This unusual application of the seismic method was possible because there is a reflector near the seam as was revealed during exploration for petroleum in an area north-west of Appin. The reflector, which was at a depth of 1,500 ft, was shallow by normal reflection survey standards. Measurement of the seismic velocity at two ventilation shafts showed that the reflector was probably the Bulli coal seam. Accurate depth control was established from previous drilling results.INTRODUCTIONAppin Colliery, situated on the Southern Coalfield of N.S.W. (Fig. 1), is being developed to supply coking coal to the Port Kembla steelworks of Australian Iron and Steel Pty. Ltd. The colliery is mechanized and a detailed knowledge of structure, particularly faulting, is important in planning the workings.The Bulli seam, which is approximately 9 ft thick, and between 1,500 ft and 1,800 ft below the surface, is worked in the colliery. It is the uppermost member of the Permian Coal Measures and is overlain by Triassic rocks, which consist of thick sandstone beds containing beds of coloured shales, and which are subdivided into the Narrabeen Group, the Hawkesbury Sandstone, and the Wianamatta Group.In the early stages of development of the colliery, surface geological mapping and diamond drilling provided information on structure. Generalized results of the mapping are shown on Fig. 2. Drilling indicated that the physical and chemical properties of the Bulli seam are relatively constant, and that the seam is nearly horizontal, the average dipbeing about 1 in 25 to the west.

Jan 1, 1965

By Claude Bazin

"The On-Stream Analyzer has proven and is still proving to be an extremely valuable tool for the control of flotation circuits. This paper examines the possibility of going further in the utilization of the provided assays using a real-time material balance program to calculate the distribution of solids within the streams of a circuit. Mass balance results can be used for process control, process analysis and detection of sensors malfunction. Examples from 3 Canadian and one American concentrators are presented to illustrate the potential of the method.IntroductionThe On-Stream Analyzer (OSA) has gained, over the last two decades, the status of key instrument for the control of flotation plants. The OSA is currently used in almost every sulphide flotation plant and its application in oxide mineral flotation plants is increasing. On-Stream Analyzers provide X-rays pulse counts that are converted into assays using multilinear regression programs. The estimated assays are passed to the flotation operators, via an operator console, or to control loops of various degrees of complexity (McKee, 1991) implemented in a Distributed Control System (DCS). Operators and/or controllers take control actions based on these assays to ensure an adequate operation of the plant. Although this application pays off very rapidly for the purchase of the OSA, one should ask: Could we get more from the OSA?Some plants reported the use of OSA measurements to process optimization (McKee, 1991). The optimization strategy is based upon economic indices calculated from metal recovery using the 2 product formulae (Wills, 1992, page 124). The 2 product formulae is however sensitive to measurement errors in the assays and can lead to considerable scatter in the calculated indices (Hodouin et al., 1993). Least squares algorithms provide an interesting alternative to filter out measurement errors (Spring, 1992). This paper presents a recursive least squares algorithm that estimates in a real time fashion the mass flow rates in a flotation plant using OSA and mass flow measurements. The algorithm is robust and its recursive structure is not demanding in terms of computation time and memory. The method was tested with data from four concentrators. Results of the material balance algorithm prove to be useful to detect sensors malfunction and may potentially be used for the control and optimization of flotation plants.The paper is divided into two sections. The first section gives a description of the proposed method. The mathematics of the method are kept to a minimum, since the detail is presented elsewhere (Bazin and Franklin, 1994). The second section shows the application of the method to different flotation plants."

Jan 1, 1995

Analysis for pillar extraction potential (A-PEP) is an intelligent tool, which could be used as a preliminary output indicator when considering the secondary extraction of regional support pillars in the Witbank and Highveld coalfields of South Africa. The safe and economic extraction of underground coal pillars is of paramount significance and importance to the South African coalmining industry to ensure continuity of supply of this fossil fuel. Pillar extraction practices in South Africa have been responsible a significant proportion of safety and fatality statistics in relation to its relative output (less than 5 per cent of total South African coal production) and, as a result, research was undertaken in local pillar extraction operations and extended to similar operations in New South Wales, Australia to assess a way forward for pillar extraction in South Africa. It was found that, although little in the way of new technologies has emerged in this field in the recent past, significant contributions could be made in the field of risk analysis to obtain a generic design methodology for pillar extraction in South Africa. The resultant A-PEP tool to assess pillar extraction potential is based on certain physical, risk and economic factors, which combine to indicate operational success in terms of economic, health and safety attributes. At the time of A-PEP?s development there was alack of operating underground coal pillar extraction operations, which made it difficult to validate its applicability. Since then, however, A-PEP has been successfully tested and validated against two unique underground coal pillar operations, which is the discussion of this paper. One operation is situated in the Witbank coalfield and is extracting pillars, which are 20 years old and at a depth of 80 metres below surface, while the other operation is situated in the Highveld coalfield-which is extracting 6 month-old-pillars underneath a massive dolerite sill at a depth of 220 metres. A-PEP has shown that its predictive nature is consistent the workings at both operations, irrespective of their unique conditions, and as such it can be successfully used as a mine planning tool. The A-PEP mine planning tool thus represents a positive step toward an integrated approach to underground coal pillar extraction when considering legal and operational aspects, which could form the basis for legislative guidelines when considering the future of pillar extraction in South Africa.

Jan 1, 2005

By T. Iwanowski

Stress wave measurements and calculations are often used to make a safe determination of the bearing capacity and the integrity of driven piles. Some applications to the restoration of old buildings in the Old Town of Stockholm are referred to and especially analyses of measurements combined with simulations are discussed here.

Jan 1, 1991

By Bruce Vandenberg

Two tests were set up as part of the course given by Blasting Analysis International. Both tests were performed using the prototype Velocity of Detonation Recorder (VODR). The prototype has several limitations, which have been rectified for the production units.

Jan 1, 1990

By Victor Benavente

La lixiviación es un proceso hidrometalúrgico que permite obtener el cobre de los minerales que lo contienen, aplicando una disolución de ácido sulfúrico, agua y agentes oxidantes. Este proceso consiste en que los minerales son sensibles al ataque de soluciones ácidas y oxidantes. En ese sentido, el objetivo del texto fue determinar la respuesta de los sulfuros secundarios de cobre a la lixiviación ácida y oxidante utilizando cloruro de sodio como portador de cloruro al sistema de lixiviación. El desarrollo de las pruebas y la ejecución de las mismas, definiió el proceso de lixiviación para minerales sulfurados de Minera Pampa de Cobre.

Sep 12, 2011

Gippsland has perhaps the most colourful history of exploration of any area in Australia. Hydrocarbons were first discovered in the Gippsland Basin in 1924 when a water well at Lakes Entrance encountered oil and gas shows. In 1942, the Commonwealth and Victorian Governments, in an effort to supplement a wartime oil shortage, sank a shaft near this well and produced 8000 barrels of low gravity oil up to 1956, when the field was abandoned. A total of 64 shallow wells had been drilled in the Lakes Entrance area by that time. Elsewhere in the onshore Gippsland Basin, 30 wells were drilled from 1925 to 1941. In 1960 BHP Ltd was granted an exploration permit covering much of the offshore area of the Gippsland Basin. Esso Australia Ltd joined BHP in 1964 and drilled the Barracouta-1 gas discovery in 1965. Since then over 100 exploration and appraisal wells have been drilled in the basin resulting in the discovery to date of some 3.6 billion barrels of recoverable oil and 8.8 trillion cubic feet of recoverable gas (Current remaining recoverable reserves are 906 million barrels of oil and 5.7 TCF of gas). Exploration in the offshore areas is actively continuing today and new discoveries are still being made.

Jan 1, 1992

By G. Thodos, W. F. Stevens

The point-source function introduced by Horner' us a solution to the general unsteady-state equation for the flow of fluids through porous media has been utilized to calculate pressure profiles for adjacent wells as a function of time. By trial and error, the time at which the pressure waves meet to cause interference can then be calculated. For this calculation, the time of interference is arbitrarily defined as that time when both pressure waves exhibit a pressure decrease of 25 psi ar the same point within the formation. To illustrate the method, an example involving two adjacent wells producing at different rates has been worked out and is presented in detail. INTRODUCTION The initiation of production of a new well is usually accompanied by pressure drawdown measurements in order to establish the extent and characteristics of the formation. The interpretation of such pressure drawdown data is based on mathematical developments involving a single well in an infinite reservoir. If more than one well is present in a reservoir, the possibility of interaction between wells exists. Therefore, care must be taken in interpreting the pressure drawdown data. It becomes important to be able to determine when this interaction, or interference, becomes significant. This paper presents a method for the prediction of the approximate time of interference between two such adjacent wells. The basic differential equation describing the pressure distribution existing during unsteady-state flow of a slightly compressible fluid has been solved by Hor-ner.' for a constant production rate from a circular homogeneous reservoir of infinite extent. The solution utilizes the point-source function to define the pressure at various points within the formation as a function of time. The resulting expression is: q = production rate, STB/D ,;= formation volume factor, dimension-less µ = fluid viscosity, cp k = formation permeability. md H = formation thickness, ft C - fluid compressibility, psi' F = formation porosity, dimensionless R = distance from centerline of well, ft T = production time, hours Ei(—u) = Ei-function of U Eq. 1 may be used to calculate the pressure profiles generated during production from a single well in an infinite reservoir.

Several years ago, Hudco Industrial Products began experimenting with the idea of levitating a conveyor belt with a film of air, much like the puck on an air-hockey table. While conducting its research, the company found out that some Russian and Dutch companies attempted the concept during the 1970s. After studying those conveyors, Hudco determined that its design was better. The Hudco advanced air-supported conveyor consists of an air-tight plenum, or chamber, that runs the length of the belt. The topside of the plenum has a formed trough. It corresponds to the profile of conventional troughing rollers. Low-pressure air is provided to the sealed plenum from a low horsepower blower. This pressurized air is metered and released through the central portion of the trough and reacts against the underside of the belt. The differential pressure between the top and bottom surfaces creates the lift to support the loaded belt. Airtight covers are installed to seal the transported materials in the plenum trough.

Jan 1, 2002

By A H. Clemens, P Lindsay

Acid producing potential static tests have been undertaken on sample lithologies from New Zealand coal mines, to rank the lithogies into acid producing waste rock and stable non-acid producing waste rock. Results indicated that the main acid producing waste rock in the Waikato coal region are the marine Whaingaroa siltstone and the Glen Massey formations and the main alkaline producing lithologies were the Tauranga group volcanic-derived sediments (A & D) and the Mesozoic basement. Coal ash analysis of 28 samples from 28 mines have also been analysed for reactive S percentage and their base potential has been quantified by the chemical index of alteration (CIA). The results provide mine management in the Waikato Coal region with a classification of problematic and stable waste rock types. XRF and CIA values determined from wash drill cuttings would provide a method of determining waste rock volumes and magnitude of palaeo-weathering underground.

Jan 1, 1999

By M. S. Klima, P. T. Luckie

Proper analysis of washabiity data can lead to the development of a maximum yield coal preparation plant flow sheet. Simulations, as simple as spreadsheet mass and water balancing, are important in examining yield maximization and middlings liberation. Key to such attribute tracking flow sheet simulations is the distribution model, expressing the probability of a species reporting to the product stream. There are many such models in the literature. This paper examines a functional form that can represent or fit most of the proposed distribution functions.

Feb 24, 1997

By Robert E. Mazurak

Mines and plants for sale, downsizing, bankruptcies, consolidation, slab imports, minimill growth displacing traditional integrated steel-making. These are some issues for North American iron ore and integrated steel producers. But the blast furnace still remains the workhorse of the ironmaking industry. And direct reduction and other alternate ironmaking technologies have yet to make any serious inroads in North America. How come? This article addresses the current state of primary ironmaking in the changing North American steel industry, the direct reduction market and new technologies under development that may hold some promise.

Jan 1, 2003

By Alejandro Gutiérrez, David Ahues, Paola Merino, Felipe González

A Discrete Elements Method (DEM) study of load movement within a SAG mill 12,192 × 7620 (40′ × 25′) in normal operating conditions is performed. The purpose is to determine how the geometry of the lifters affects the kinetics of the load inside the mill. Specifically, the changes produced by the incorporation of inclined lifters and spiral or helicoidal pulp lifters to the kinetics are evaluated. Four study cases are identified: first, the base case corresponds to a conventional geometry; the second case corresponds to inclined lifters incorporation; third case corresponds to a mill with helicoidal discharge; and the fourth case corresponds to a mill with inclined lifters and helicoidal pulp lifters. To save computational resources, the water that enters the mill has been modeled by varying the coefficient of restitution. The results of a series of experiments are presented to determine how this coefficient varies when having impacts on surfaces with different liquid levels. A comparative analysis is made of the following variables: mean transport speed and material flow, for normal operating conditions. Taking as reference the mill with straight lifters and radial pulp lifters (case 1), the case with the inclined lifters and radial pulp lifters increases the material discharge flow less to 76 mm of size by 5.1%, and this value increases even more when the helicoidal pulp lifters are incorporated reaching a 58.6%. The most significant change is seen in the flow through the grates and the pulp lifters discharge, which can increase substantially improving the operation.

By J. Hansen

"ABSTRACTThe paper addresses the application of automated monitoring, control, and navigation to improve dragline performance. SummaryImproving dragline performance in the Canadian coal mines is critical to the continued success of the industry. Draglines represent a large capital investment and coal prices are low by historic standards. This paper argues that the introduction of monitoring, control, and navigation on draglines offers an opportunity to significantly reduce a dragline’s operating cost per cubic metre moved. To place the importance of this in perspective, a North Dakota mine calculates that every 1% increase in dragline productivity means a savings to the mine of US$340,000 per year. MonitorsAutomated dragline monitoring is a well established technology with commercial products available since the early 1980s. The three main reasons for placing monitors on draglines are (Walker, 1993):1. productivity increases: reduce variations between different operators’ performance across different shifts;2. quality increases: increase the percentage of ore and waste loads that go to the correct destination; and3. special projects (engineering projects): justify installing static field exciters and regulator upgrades; implement power management; aid operator training; study high performance buckets, rigging changes, and various excavation sequences.Mines as diverse as Kennecott’s Cordero- Rojo Complex in the United States and Natal Coal Corp.’s Optimum Mine in South Africa report dragline productivity increases of 10% to 20% in the region attributed to the implementation of dragline monitoring."

Jan 1, 2000