Search Documents

By C. Hutton

"SynopsisThe last commodities supercycle (2003 to 2011) was characterized by a belief in volume at any cost, where absolute output was deliberately prioritized over productivity considerations. This practice fuelled overoptimistic forecasting and planning, which in turn contributed to the economic crisis that followed. The sudden collapse of commodity prices has resulted in mining companies scrambling to find the right balance between optimizing current operations and preserving sufficient flexibility to grasp future opportunities. The runaway costs of building and operating mines have almost squeezed out profit margins, while lower ore grades are inflating production costs. Mining companies therefore need to look at the business with fresh eyes, and develop strategies to attract equity capital as traditional approaches are simply not working anymore. This is especially so in the context of a dwindling investor base that continues to demand greater returns, despite a significantly lower appetite for risk. This paper revisits the micro-economic concepts and demonstrates how pressure from shareholders to prioritize output contributed to spiralling costs and value destruction. Practical techniques are described to model cost curves to optimize a Mineral Resource endowment and address the need to rightbalance a business and preserve agility.IntroductionHenry Lazenby (2014) for the Mining Weekly writes, ‘Bruised and battered, the global mining industry today is undergoing a sea change. Practices and policies that might have worked wonders in the past are not as relevant today, and new approaches to running profitable mining operations need to be found.’ One significant practice the mining industry had during the last commodities supercycle (2003 to 2011) was chasing volume at any cost; absolute output was deliberately prioritized over productivity considerations (Goldsmith, 2013). Lazenby contends that in the face of falling and volatile commodity prices, many mining majors ‘across all commodity groups are currently grappling with sagging profits and low company valuations. This is often regarded as the result of the were in pursuit of growing their output at all costs in a high commodity price environment.’ Lee Hodgkinson, KPMG’s Canadian mining industry leader and quoted by Lazenby, says that ‘mining companies are now trying to find the right balance between optimizing current operations and preserving their agility to grasp future opportunities. The runaway costs of building and operating mines have almost squeezed out profit margins [whilst] lower grades of ore are inflating production costs. Mining companies need to look at the business with fresh eyes, and develop strategies to attract equity capital as it seems clear that some of the traditional approaches to the mining business are simply not working anymore."

Jan 1, 2015

By H. Lowers, P. Hageman, S. Diehl, D. Fey

Understanding relationships between mineralogy, texture, microstructural features, and element distribution and residence in minerals, is critical for accurate modeling of mineral weathering in waste-rock piles. The morphology of minerals and deformation structures, such as veins and faults, are important factors that control: (1) fluid access to the mineral surface to initiate dissolution, (2) the distribution of trace elements, and (3) formation of secondary minerals. We characterized the mineralogy, textures, and chemical properties of waste-rock material at three sites at scales ranging from outcrop to micrometer scale. A comprehensive hand-sample to thin-section scale methodology utilizing light microscopy, scanning electron microscopy, electron microprobe, and laser ablation ICP-MS was used to thoroughly characterize the waste-rock material.

Jan 1, 2007

By S. Bang

In recent years, suction piles and suction anchors have been used as underwater foundations for various offshore structures. They have been proven very versatile, effective, and environmentally friendly. This paper describes the load resisting mechanism, installation, and design of suction piles and suction anchors. Also included are brief descriptions of three offshore structures that have recently been constructed using suction piles and suction anchors. They include: a new breakwater system utilizing gravity-type concrete caisson superstructure on top of concrete suction piles; a floating breakwater system utilizing embedded suction anchors; and a foundation system utilizing suction piles for temporary mooring of underwater tunnel elements.

Jan 1, 2009

By William H. Hamilton

INTRODUCTION It was not very many years ago that tunneling machine manufacturers spent considerable time trying to convince contractors and mine operators of the advantages of mechanical tunnel boring over conventional drill and blast methods. Today there are few doubters left. There is universal agreement that, not only are tunneling machines here to stay, but the ratio of bored rock tunnels to blasted rock tunnels is increasing at an accelerated pace, and within the next twenty years I predict almost all tunnels will be bored by machine. I believe we are today at a very important mile-post in the development of tunnel boring systems. Felix Gaye stated in his recent article (1) "It is important to disseminate between the efficiency of cutting tools and the overall efficiency of the boring operation". Mechanized tunnel boring in the past placed almost total emphasis on the rock cutting and boring ability of the tunneling machine. With advancements in technology and better solutions to the problems of rock fracture, steering control, and structural design, the emphasis today can be placed on the total-system concept. Tunneling machine design, as one of the key elements in the overall system, presents many problems that are not totally solved today. These design problems are, in the most part, not related with rock fracture, but rather with criteria associated with the over-all operation.

Jan 1, 1997

By John Babcock, Bryan C. Smith

In a partnership between Luck Stone Corporation and Loudoun Water, a 42” (1.067m) steel pipeline was constructed along the perimeter of an extensive permitted reserve of diabase rock Luck Stone was about to begin mining. Loudoun Water provides drinking water and wastewater services to over 75,000 households in Loudoun County, Virginia. In discussions to establish the 30-foot (9.1 meter) easement for Loudoun Water within the permitted reserve of diabase rock, Luck Stone and Loudoun Water agreed on the following basic conditions: • Luck Stone could execute production blasting as close to the easement as physical conditions of overburden depth permits. We estimated the minimum distance to be about 75-feet (22.86 meters) from the centerline of the pipe. • Loudoun Water would install strain gauges on the pipe every 500-feet (152.4 m) along the entire length of the future reserve area. This resulted in the installation of 18 strain gauges. • Luck Stone would contract a third-party vibration monitoring company, agreed to by Loudoun Water, to monitor the strain gauges and provide seismograph reading at appropriate locations along the pipe as mining progresses. All information would be provided to Loudoun Water. • Luck Stone’s blasting will be conducted in a manner that ensures the recommended strains are not exceeded.

Jan 1, 2019

By Heithecker R. E.

In June 1933 the Bureau of Mines, in cooperation with the State of Oklahoma and the Oklahoma City Chamber of Commerce,, published a report of the gas reserves in the Oklahoma City oil field3/ based upon data as of October 1932, at which time there were 43 classified gas wells in the field, The estimates were obtained by the ?porosity-area" method. There are two general methods of estimating natural-gas reserves. The porosity-area method, as used by Hill and Rawlins, is used when a gas field is comparatively new but after enough drilling has been done to determine the average thickness, porosity, and areal extent of the producing horizon. The "pressure-volume? method of estimating gas reserves, the method used in this report, may be used after a sufficient volume of gas has bean withdrawn from the reservoir to cause an appreciable decline in reservoir pressure.

Jan 1, 1937

By G. Bellefleur, K. Stevens, E. Adam, D. Synder, G. Perron, C. Müller

The Downhole Seismic Imaging consortium was initiated by the Geological Survey of Canada and three Canadian mining companies to assess the usefulness of borehole seismic techniques for the exploration of massive sulphide deposits within areas of steeply dipping stratigraphy. Field tests were conducted over two sub-economic massive sulphide deposits located in Norman West, Ontario, and Halfmile Lake, New Brunswick, using various shot configurations and a three-component borehole receiver array. The Norman West deposit, or structures associated with the deposit, produce detectable seismic reflections as far away as 1500 m. However, these reflections are difficult to distinguish from fault reflections and lithological contacts near the base of the Sudbury Igneous Complex. At Halfmile Lake, the rock properties are favourable for direct orebody detection. The Halfmile Lake deposit has a clear but relatively complex seismic signature on the downhole data, showing not only P-wave reflections, but also strong reflected S-waves and modeconverted waves. Such prominent S-waves and converted waves have not been recognized previously in borehole or surface seismic data acquired over massive sulphide deposits. These waves add complexity to the interpretation but provide additional imaging capabilities. Reflected S-waves and converted waves should be considered when designing seismic surveys for mineral exploration.

Jan 1, 2004

By R. E. Heithecker

In June 1933 the Bureau of Mines, in cooperation with the State of Oklahoma and the Oklahoma City Chamber of Commerce, published a report of the gas at reserves in the Oklahoma City oil field3/ based upon data as of October 1932, at which time there were 43 classified gas wells in the field, The estimates were obtained by the ?porosity-area" method. There are two general methods of estimating natural-gas reserves. The porosity-area method, as used by Hill and Rawlins, is used when a gas field is comparatively new but after enough drilling has been done to determine the average thickness, porosity, and areal extent of the producing horizon. The "pressure-volume? method of estimating gas reserves, the method used in this report, nay be used after a sufficient volume of gas has bean withdrawn from the reservoir to cause an appreciable decline in reservoir pressure.

Jan 1, 1937

The Research on Refined Gold Bullions Surface Upgrading

Sep 13, 2010

By James F. Kvitkovich, George V. Weisdack

Editor’s note: This is the second part of a two-part series on longwall mining in the United States. Part one was published in the December 2005 issue of ME (pp. 21-26). It provided a history of longwall coal mining in the United States. It also discussed the technology involved in the productivity gains and operational improvements. Boyd anticipates that U.S. coal production will increase by 61 Mt (67 million st) (6 percent) from 2004 to 2010. A combination of higher surface and underground mine production will be required to meet the projected market demand. Boyd’s projections of coal production by major mining methods are shown in Table 1.

Jan 1, 2006

By D. D. Banerjee, S. K. Kawatra, T. C. Eisele

A high calcium fluid-bed combustor ash has been shown to be an effective binder at dosages of 1 to 2% of the magnetite concentrate weight. Magnetite pellets 1.3 cm (1/2 inch) in diameter were produced with dry crushing strengths greater than 22.3 Newtons/pellet (5.0 pounds force/pellet), which is comparable to the results produced using conventional bentonite binder. The effectiveness of fly-ash-based binders was considerably improved when calcium chloride was added as an accelerator. Addition of calcium chloride at a rate of 0.1 to 0.2% of the total powder weight increased the strength of dried pellets by as much as 22% compared to the strength of pellets made using fly-ash without accelerators.

Feb 24, 1997

A series of electron beam, cold hearth, single melt Ti-6Al-4V plates (nominally 2.5 cm thick) impacted by 2cm diameter, 4340 steel projectiles (with 54g nominal mass) at velocities ranging from 0.633 to 1.027 km/s were sectioned along the impact axis and examined by optical metallography to characterize the formation, growth, and microstructure of adiabatic shear bands. Near ballistic limit velocities, the shear bands propagate towards the rear of the target where they coalesce and grow to provide a cylindrical solid state flow regime for the plug volume.

Jan 1, 2006

By T Hughes

The Gekko InLine Pressure Jig (IPJ) was unleashed on the World gravity separation market in 1996 and has since sold over 150 units in applications including tin, diamonds, silver, coal, garnet and gold. During the past twelve years the knowledgebase of the best applications and capabilities of the IPJ has greatly increased. Improvements to the original IPJ design have included engineered ceramic ragging in specific gravities from 1.6 to 5.0, full automation and improved designs of feed presentation and tailings and concentrate handling systems. The IPJ has been found to be able to handle a wide feed size range and recover mineral at liberation size without significant addition of water to the mass balance. Test work carried out during full-scale operation of the IPJ has shown the IPJ can recover diamonds down to 0.5 mm, sulfides down to 0.3 mm and gold down to 0.1 mm which greatly expands its application in the mineral processing industry. A significant volume of data now supports the symbiotic benefits of an IPJ and flotation circuit combination to pre-concentrate an ore and minimise downstream processing requirements.

Jan 1, 2008

Yallourn brown coal and its characteristics have been the subject of innumerable papers and discussions. The Lurgi process adopted for the production of Towns gas by the gasification of brown coal has been described frequently in literature.The application of the Lurgi process for the gasification of Yallourn briquettes has naturally lead to some unexpected problems. Rather than attempt to review the whole field of experience gained in the first two years of operation of the gasification plant at Morwell, this paper attempts to describe two problems encountered, peculiar to the fuel used, and the steps taken in overcoming them.THE PROCESS AND PLANTTo clarify the conditions surrounding the problems, it is necessary to briefly describe the gasification and cooling processes and plant.Brown coal briquettes are gasified in a pressure generator, using a mixture of steam and oxygen as a gasifying medium. Crude gas produced in the generator is washed and cooled in the waste heat boiler and coolers. Figure 1 shows an arrangement of the generator and coolers. The gasifying medium enters the generator through a hollow shaft in the base. This shaft drives the grate, which has three purposes: (a) to distribute the gasifying medium into the fuel bed; (b) to extract the ash from the fuel bed; (c) to support the fuel bed.Briquettes enter the top of the generator through the coal lock chamber and the fuel bed is maintained at a reasonably...

Jan 1, 1960

By Gupta R. C

Syria has about 500 million ton deposit of minerals having 34 per cent iron content with alumina and silica as major impurities. Efforts were made to see the feasibility of concentration by four different methods involving washing, high intensity magnetic separation, reduction roasting and magnetic separation and acid leaching technique. It was observed that the reduction roasting with magnetic separation yields a concentrate with high iron (62.3 per cent) content without requiring water which is a scarce raw material in the region. The paper concludes that the detailed study may be made following this route to optimise the process Parameters.

Jan 1, 1999

By C A. Fleming

Gold extraction is largely driven by mineralogical factors, which often cause gold losses to various tailings. Mineralogical factors affecting gold recovery include grain size and shape, surface coating or rimming on gold particles, the presence of cyanide or oxygen-consuming minerals or preg-robbers, the presence of slow-dissolving gold minerals and the refractory nature of submicroscopic gold. Among these factors, locking of fine gold particles in sulfide, silicate and other minerals, either as visible, fine-grained gold inclusions and/or as invisible submicroscopic gold, is by far the most common factor leading to poor gold recovery in gold ore processing. This paper discusses the mineralogical characterisation of gold lost in tailings and its metallurgical implications. The techniques used in characterising the un-recovered gold are also briefly introduced.

Jan 1, 2007

By Mutombo Nombe, Avimanyu Das, Rick Honaker

Enhanced gravity separators (EGS) provide a more efficient separation than froth flotation when cleaning coal in the 150 x 25 µm particle size range. To improve the performance of an EGS unit, air bubbles were injected into the feed stream in an attempt to decrease the apparent density of the coal particles due to the formation of bubble-coal particle agglomerates. Air injection had a significant impact on operating characteristics and separation performance. Coal recovery was increased by 10 to 20 absolute percentage points while a 2 percentage point drop in the minimum product ash content was also achieved.

Jan 1, 2005

By J. W. Joubert, R. C. W. Webber-Youngman, M. D. Budeba

"SynopsisCost estimation for surface coal mines is a critical practice that affects both profitability and competitiveness. New mines require these costs to be estimated using available information before a project begins. The competitive advantage of a new mine depends on it being both efficient and cost-effective. Low-cost producing mines have a higher chance of survival in a low-price environment than do high-cost producers. The competitiveness and profitability of a coal mine is based on the costs of production and the supply position on the cost curve. There is no single method of cost estimation, and the available methods consider only one or a few variables, leaving out multiple variables that could significantly affect the estimation of mine costs. Mining companies are thus searching extensively for a method that will increase accuracy in the estimation and evaluation of mining projectsThis paper highlights the shortcomings of the available approaches and proposes a data envelopment analysis method to develop a frontier for effective surface coal mines, and the use of a parametric method for modelling the costs and productivity of new mines to ensure effective competitiveness. The models will extend the capability of estimation and the accuracy of estimates using the efficient decision-making units, by considering the optimal mine-specific and external variables affecting costs.IntroductionCoal contributes 25% of the world’s primary energy needs, after fuel oil, which contributes 35%. The world energy demand, estimated over the period 1990 to 2030, is expanding at a cumulative annual growth rate (CAGR) of 1.7% (Schernikau, 2010, p. 14). This emphasizes the need for enhancing the production of existing mines, as well as opening new mines in order to increase the supply of coal."

Jan 1, 2015

The phenomena of nature cannot present themselves to any thinking wild without claiming from it some solution. The earth, as it has often been observed, is laid out like a well ordered cabinet, presenting to us, in measure, some means of judging how the laws of nature and the essential properties of matter have worked out all we see before us. "That there have been depositions of strata gradually laid down aud stocked with the remains of the living objects, vegetable and animal, that flourished when they were being imposed, is an universally acknowledged fact. It speaks of a constantly maintained series of operations whereby the globe has been brought to its present condition, and which are ever advancing it to stages that are still before it. That immeasurable ages have been consumed in effecting these developments is also conceded. We witness the very graduated rate of the existing advances and can see that the past action must have been conducted in the same slow deliberate manner. There are many questions, however, upon which inquirers are not agreed, hence they are still within the domains of fair discussion.What has led to those great climatic changes whereby the same portions of the earth have had at various times climates that were glacial, temperate, and tropical? What causes the constant contortions and dislocations of strata and the upheaval and depression of land levels, and that there is a tendency to alternation in the parallel areas undergoing opposite kinds of movement as if the sinking of one area balanced the rIsing of another? What is the reason that the centres of volcanic action are continually shifting, and that the line of greatest activity is always upon the rising areas? That portions of the earth have been subjected to intense alid long continued volcanic action, and again to long periods of repose, and that the periods of activity and repose are·recurrent at long intervals of time? What the mountain chains of the world are in broadly parallel bands? What has caused the stratified rocks to be tilted from their original?

? CONSTRUCTION AND MINING COSTS ARE HIGH IN THE ARCTIC ? VERTICAL KIMBERLITE PIPES WITH HIGH STRIP RATIOS ? SITE SPECIFIC GEOMETRIC CONSTRAINTS ? OPEN PIT FOLLOWED BY UNDERGROUND MINING ? HIGH KIMBERLITE UNIT COSTS TRACK INSTALLED ON PIT WALL ? INTENDED TO REPLACE MAIN HAUL RAMP ? 5 MIN HOIST CYCLE TIME ? KEY ADVANTAGES - REDUCED CYCLE AND STRIPPING RATIO ? TECHNOLOGY EXISTS IN OTHER APPLICATIONS

May 1, 2003