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By Júlio C. Lúcio

Consider the case of a mining company with N investment opportunities in projects of different commodities. The problem is: since the company has limitation of capital, equipments, technical staffs, etc, what is the best portfolio of production projects in order to maximize expectations from shareholders? In the no-longer past, the traditional method for the selection of portfolio of projects was the rank-an-cut method. But, this does not properly account for the risk to which the company is exposed. The Markowitz?s Mean-Variance is an advance because the risk of the NPV can be estimated at the level of the company or even division of the corporation. The final product of the Markowitz?s model is the efficient frontier, in which, the manager can clearly understand the maximum return from existing assets and the associated risk level - but this model does not recommend which one is the best portfolio. In this paper we present a model to select the best portfolio considering not only economic indicators, but also requirements of production, constraint in investments, etc. We show that if investors are diversified, managers should select projects with highest return, regardless of risk. However, in practice, if bonuses of managers are tied to their performance, the choice for portfolio with lower return and risk can happen. Numerical application considering typical portfolio of large mining company is used as example.

May 1, 2009

By Dianne M. Lapierre

Mining firms in Canada are increasingly incorporating the social and environmental interests of their stakeholders into their projects in an effort to become more sustainable. Such initiatives have included negotiating Impact and Benefit Agreements (IBAs) directly with would-be impacted, often aboriginal, communities near resource developments in the Canadian north. Why does a mining firm take on this extra time-and cost-intensive initiative when governments and regulatory measures are in place to address social and environmental issues? Past research has paid little attention to the corporate rationales for IBAs. Based on document review and interviews with mining executives, this study investigates the rationales of mining firms that ?over-comply? with legislative requirements by negotiating IBAs or similar types of agreements with communities. The results indicate that mining firms increasingly recognize IBAs as an intrinsic part of the permitting process. When queried, executives regularly identified the negotiation of agreements as ?the right thing to do?. While this response could be read in ethical terms, a commercial rationale is also clearly present. By building strong relationships with nearby communities, addressing community concerns, and directing benefits to local people, all of which are explicitly achieved with an IBA, mining firms are maintaining their long-term financial viability, thus their sustainability, within an evolving industry.

May 1, 2008

By E Forbes, G V. Franks

"This study investigates the dual function of a temperature responsive anionic co-polymer of poly (N-isopropyl acrylamide) (PNIPAM) as a selective flocculant/flotation collector. PNIPAM is used for separating hematite from 50:50 mixtures of hematite and quartz, at a variety of particle sizes. The performance of PNIPAM in this system is compared to that of conventional flotation collectors: sodium oleate and sodium dodecyl sulfate. The results of the study demonstrate that anionic PNIPAM used at 50¦C (above the lower critical solution temperature (LCST)) is the most effective flotation collector for hematite particles in the size range between 10 and 20 ¦m. This is attributed to the increased probability of both particle/bubble collision and particle/bubble attachment through the formation of hydrophobic hematite aggregates. Anionic PNIPAM used at 50¦C also produced the highest hematite recoveries for very fine hematite particles (circa 1 ¦m). However this recovery was completely unselective. This lack of selectivity is partially attributed to the activation of quartz particles by PNIPAM, but is thought to mainly occur as a result of entrapment of quartz particles within the matrix of hematite aggregates.CITATION:Forbes, E and Franks, G V, 2013. Selective separation of hematite from quartz by flotation using a temperature responsive polymer, in Proceedings Iron Ore 2013, pp 381-390 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Aug 12, 2013

By Robert Hopler

The literature of explosives and blasting consists of a great variety of printed materials. These materials include technical papers, books, and articles by individuals and organizations; manufacturer’s product catalogs and brochures; handbooks offering guidance for the field blaster; complete encyclopedias on the subjects, and short entries in general-interest encyclopedias; government publications; proceedings of organizations devoted to the subjects; magazines specific to the subjects; articles in general circulation magazines; and other miscellaneous sources. In short, there is a multitude of literature on the subject, some well indexed for retrieval, but most not. This presentation will be a broad-brush look at some of the most important or interesting literature on the subject, since in no way can all the various references be mentioned, much less covered in depth. To illustrate the presentation, interesting materials from the author’s collection will be shown.

Jan 1, 2000

By Z. Sun

Magnetic fields have been used for inclusions removal from melt and preparation of materials with gradient compositions. Fundamental in these applications is that the induced magnetic forces on the particles/melt can enhance migration and change the interaction behavior. In the present paper, migration and interaction behavior of electrical-insulating particles in a conductive melt under strong magnetic field are theoretically analyzed. It is found that the migration can be considerably enhanced for micrometer sized particles by applying a strong magnetic field. In addition, two forces are involved in the interaction between two particles: the interparticle magnetic dipole-dipole attractive force due to magnetization and the repulsive force induced by flow of the melt. This theoretical analysis renders a better understanding of recent experimental results. Additionally, a new method by using strong magnetic field can be proposed to control the particle size distribution for the preparation of metal-matrix composites.

Jan 1, 2009

By Francis Chartrand

The Kwyjibo deposit is an iron oxide Cu-REE-F-Mo-Au mineralization of Mesoproterozoic age located in the Grenville Province approximately 120 km NE of Sept-Îles, Quebec (Figure 1). Occurring along the SE margin of the Canatiche granitic complex, the deposit is composed of several polymetallic showings that are related to different textural facies of magnetite. The mineralization process at Kwyjibo is complex, and is divided into Early Granitophile, Magnetite, Main Polymetallic and Specular Hematite stages (Cayer et al., submitted for publication). The Main Polymetallic stage, comprising chalcopyrite, pyrite, fluorite, molybdenite and REE-bearing minerals, is superimposed on pre-existing magnetiterich rocks. Discovered by SOQUEM Inc. in 1993, the Kwyjibo deposit shares many characteristics with other hydrothermal polymetallic iron oxide deposits around the world. Foose and McLelland (1995) suggested that this class of mineralization could occur in the Grenville Province. However, only a few polymetallic occurrences are known to be associated with low-Ti iron oxide deposits in the Grenville. Kwyjibo is one of the most significant examples of a polymetallic iron oxide deposit to have been found in the Grenville Province to-date.

May 1, 2003

By G. H. Clevenger

Discussion of the paper of ALLAN J. CLARK presented at the San Francisco meeting, September 1915, and printed in Bulletin No. 103, July, 1905, pp. 1381 to 1398. G. H. CLEVENGER, Palo Alto, Cal.-Since the precipitation of extremely dilute solutions as regards cyanide presents one of the greatest problems of zinc-dust precipitation, I should like to ask Mr. Clark the minimum concentration in cyanide of the solution from which it is possible to precipitate satisfactorily the gold with zinc dust in Homestake practice. A. J. CLARK.-For a day's work about 0.015 per cent. That is precipitating a very low-grade solution, very low in alkalinity. It requires probably 0.2 lb. of zinc dust to the ton. JOHN A. FULTON, Melones, Cal.-At the Melones mine, we have been working very low-grade rock for a number of years, the process being amalgamation and concentration up to the last year. The value of the ore increased so that we had to supplement the concentration with a sand and slime plant. Classification was a problem, since to install classifiers would mean tearing the mill all to pieces. We are therefore making use of a Wilfley table for this purpose. The amount of wash water is increased and a stream of fresh water is also run into the feed box at the

Jan 12, 1915

By James A. Finch, Robert E. McIvor

"This paper presents the development of a new grinding circuit steady-state modeling system. It is fundamentally based on the “functional performance equation”, which has now been used to improve the performance of numerous grinding circuits. This equation characterizes the two distinct efficiencies that are at work in a ball milling circuit, and how these relate to overall circuit productivity. It does so based on the particle size chosen to distinguish between coarse and fine (product size) material. Now, by applying it to all the material size classes, a simple yet reliable ball mill model was created. Combined with cyclone recoveries, the complete, detailed grinding circuit performance can be exactly reproduced mathematically by the computer program. It can then be used with separate process equipment application engineering methods to systematically engineer grinding circuit improvements. The development, features, uses and limitations of the system are described.INITIAL DEVELOPMENT OF THE CIRCUIT MODELThe Functional Performance Equation for Closed Circuit Ball (or Pebble) MillingIt has been shown that closed grinding circuit performance can be effectively characterized by the “functional performance equation” for closed ball or pebble milling circuits (McIvor, 2006a). One method of its derivation is summarized here for convenient reference.First select a cut-off size to define “coarse” versus “fine” or product size material for the grinding circuit. Any particle mesh size can be used to differentiate between coarse material and fines, but the circuit target P80 is often an effective choice for these purposes.Any energy expended on “fines” is wasted. It also generates “extreme fines” often detrimental to downstream processing (McIvor and Finch, 1991). Only the portion of the mill power draw that is expended on coarse material is effectively used. This portion can be estimated from the mill feed and discharge size distributions (McIvor, 1988a) by taking the average of the percentage of “coarse” material in the mill feed and discharge. We can define the thusly calculated percentage of the mill power that is expended on coarse material in the mill as the ball mill circuit “classification system efficiency” (CSEff). The “effective mill power” (EMP) can be calculated from the total mill power (TMP) as follows."

Jan 1, 2007

By L. A. Weakly, D. A. Weiss, R. B. Crookston

A presentation of experience gained from using mechanical and conventional equipment for excavating shafts, raises, tunnels and other openings in various Colorado oil shale mining properties.

Jan 1, 1983

By J. Winterton

Estimating the residual metal inventory of large heap leaching operations is desirable for many reasons. Several methods have been tried with limited success. Drilling data from the Valley Leach Facility at AngloGold Ashanti's Cripple Creek and Victor Gold Mine has been used to develop a robust inventory estimation technique. The technique is presented along with discussion of the particular inventory components and evaluation methodologies.

Feb 27, 2013

By Y Xie, D Willingham

Predictive maintenance (also known as ‘condition/health monitoring’) refers to the intelligent monitoring of equipment to avoid future failures. In contrast to conventional preventive maintenance, the maintenance schedule is not determined by a prescribed timeline; instead, it is determined by analytic algorithms, such as machine learning, using data collected from equipment sensors and/or via simulation.Predictive maintenance offers the following benefits for operators and equipment manufacturers:- reduces equipment downtime by identifying issues before failure, thereby enabling convenient scheduling of equipment service and extending equipment lifetime- determines the root cause of the failure, enabling appropriate service to be performed without utilising resources to determine a diagnosis- avoids the unnecessary costs of maintenance and unexpected failures- improves safety and product quality.Algorithms and data are critical to predictive maintenance success. Sensor data is first preprocessed using advanced statistical and signal processing techniques; it is then combined with predictive modelling techniques, such as machine learning, to estimate equipment health.Once tested, predictive maintenance algorithms may be used in an operational setting within an IT environment, such as a server or cloud. Alternatively, algorithms may be implemented in an embedded system directly on the equipment, allowing for faster response times and significantly reducing the amount of data sent over the network.CITATION:Willingham, D and Xie, Y, 2017. Predictive maintenance modelling for bearing-based equipment, in Proceedings Iron Ore 2017, pp 627–630 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By G. D. Jermain

Exploration of the Antimony Peak district by the Bureau of Mines was conducted under the authority of the Strategic Minerals Act of 1939. Antimony was one of the seven metals designated at that time as strategic by the Secretaries of War, Navy, and Interior upon advice of the Army and Navy Munitions Board. As a result of many field examinations, the Antimony Peak property was chosen as one of the most attractive for the possible development of emergency antimony reserves. Exploration by the Bureau of Mines began in November 1940 and was concluded in May 1941.

Jan 1, 1949

By J. McMurray

Introduction Uranium was recovered from mining of collapse breccia pipe deposits in the Arizona Strip district in northwestern Arizona (Figure 1) intermittently between 1956 and 1990, with cumulative production having totaled 23.3 million pounds of U3O8 (8960 tU) at an average grade of 0.6% U3O8. Production was suspended in 1990 because of low uranium prices, but the recent resurgence in market price once again makes the breccia pipe deposits potentially attractive exploration and development targets. This paper describes: (1) formation of the pipe structures and their metallogenesis; (2) mining and milling of breccia ore; and (3) potential roadblocks to development of new breccia pipe mines. Breccia Pipe Formation Formation of the breccia pipes began in cave systems formed during development of karst topography in the Mississippian Redwall Limestone. The karst Redwall surface was eventually covered by up to 900 meters of shallow marine to continental sediments ranging in age from Pennsylvanian to Triassic. The pipes were formed by progressive upward stoping caused by groundwater ascending under hydraulic head along near-vertical faults, joints and fractures. The stoping process involved both chemical disaggregation and mechanical failure of roof and wall rock. Upward stoping of successively younger units allowed for upward propagation of a pipe and resulted in a chimney-like column of breccia between the steep walls of the pipe. Syndepositional thickening of sedimentary units of varying ages indicates that pipe formation began as early as early Pennsylvanian time and continued intermittently through Triassic time.

Jan 1, 2007

By Charles F. Weber

Premature blasts of charges of explosives have caused many deaths in anthracite mines, and the causes of many of the blasts were not determined satisfactorily. Investigators often found fairly high potential differences between such metallic objects as rails, pipes, conveyor lines, or sheet-iron chutes in the working place where an accident had occurred. At one mine where a premature blast occurred in a rock tunnel, one workman was killed and two others were injured, and several days later a potential difference large enough to explode an electric squib was detected between the compressed-air pipe and the track rail; the voltage fluctuated and appeared to change with the movement of a locomotive. At another mine, a. workman was killed when a primed cartridge that he was about to load in a blast hole exploded in his hand. During the investigation, a potential difference was found between the conveyor line and the sheet-iron chute. During a 5-year Period, 61 fatalities and 771 nonfatal injuries were caused by explosives accidents in anthracite mines, and one of the chief causes of these accidents was premature blasts.

Jan 1, 1950

By M. Hakala, P. Tolppanen

A method to predict stress-induced failures around excavations based on the mapped geological and rock mechanical information is studied. Totally of 7 km of newly excavated tunnels are mapped in the Inmet’s Pyhäsalmi mine in Finland at depth between 1000 - 1440 m from which the results and conclusions from the firstly mapped 1.7 km of tunnels are reported. The main rock type at the site is very hard volcanite having uniaxial compressive strength of 230 MPa in median and GSI-value 72 - 80. The maximum in situ stress around the tunnels is 65 - 85 MPa. The prediction of observed stress failures was preceded by comparing elastic 3-D simulation results of tunnels with three statistical yield criteria. Read’s or Hoek & Brown’s yielding criteria are found the most relevant, though, the effect of anisotropy was found to be significant. The most important parameters having a correlation with stress failures are the tunnel orientation and the foliation of rock. Also, the rock type and its strength, tunnel shape and the geological anomalies have their effects. Further, a delay time on mapping was found to clearly diminishing of the most violent failures. Une méthode de prédiction des contraintes à la rupture autour d'excavation, établie sur la base de cartographie géologique et d'information sur la mécanique des roches, à été étudiée. Au total, 7 km d'un tunnel nouvellement percé à une profondeur de 1000 à 1400 m ont été cartographiés dans la mine de Inmet’s Pyhäsalmi en Finlande. La roche principale du site est une vulcanite dur ayant une résistance à la compression uniaxiale de 230 MPa (valeur moyenne) et une valeur GSI de 72 - 80. La contrainte in situ maximale autour du tunnel se situe entre 65 et 85 MPa. La prédiction des contraintes à la rupture observées a été évaluée en comparant les résultats d'une simulation 3D d'un tunnel avec trois critères de limite d'élasticité statistiques. Le critère de limite d'élasticité de Read ou de Hoek & Brown’s se trouvent être les plus important, même si les effets de l'anisotropie sont significatifs. Les paramètres les plus importants ayant une corrélation avec la rupture sont l'orientation du tunnel et la foliation de la roche. De plus, le type de roche et sa résistance à la compression, la forme du tunnel et les anomalies géologiques ont aussi leur importance. Finalement, un délai dans la cartographie résulte en une diminution nette des ruptures violentes. Basierend auf kartierten geologischen und felsmechanischen Informationen, wird eine Methode untersucht, um spannngsbedingtes Versagen um Ausbrüche herum vorherzusagen. Insgesamt werden 7 km neu ausgebrochenen Tunnels in einer Tiefe zwischen 1000 und 1400 m in der Inmet Pyhäsalmin Mine in Finnland kartiert. Das hauptsächlich vorkommende Gestein ist sehr hart und vulkanischen Ursprungs mit einer mittleren einachsialen Druckfestigkeit von 230 MPa (Medianwert) und einem GSI-Wert von 72-80. Die maximale In-situ-Spannung im Tunnel beträgt 65-85 MPa. Die Vorhersage von beobachteten Spannungsversagen werden weitergeführt indem man elastische 3-D-Simulationsergebnisse von Tunneln mit drei statistischen Fliesskriterien vergleicht. Read's oder Hoek's Fliesskriteria werden dabei als die relevantesten Kriterien angesehen, obwohl auch der Effekt der Anisotropie als wesentlich erachtet wird. Die wichtigsten Parameter für eine Korrelation von Spannungsversagen sind die Orientierung des Tunnels und die Schieferung der Gesteinsschichten. Desweiteren haben Gesteinsart, Tunnelprofil und geologische Anomalien ihren Einfluss. Ausserdem zeigt sich, dass eine Verzögerung bei der Kartierung die ausgeprägtesten Versagen deutlich verringern.

Jan 1, 2003

By Roger "Dean" Skaggs

Mechanical rock drilling is about 150 years old, and the fundamental principles of augering, penetration and dragging, pressure and rotation, and percussion have not appreciably changed. Surface mining blasthole drilling employs relatively shallow blastholes (to about 100 to 130 feet or 30 to 40 meters) with respect to the blasthole diameter and hole alignment while problematical is not a major universal problem. Modem underground mining methods are spacing development levels up to 400 feet (130 meters) apart, to take advantage of high powered mechanical drilling methods, requiring very long blastholes compared with surface mining. Blasthole alignment is a major problem in underground mining and this paper will address the aspects of percussion bit design which impact on hole alignment and drilling and blasting costs, i.e. bit geometry, cuttings removal, penetration-retraction.

Jan 1, 1997

By J. Spotts McDowell

J. W. RICHARDS, So. Bethlehem, Pa.-The paper is certainly an exceedingly, valuable one and it gives detailed information which should be utilized in the following way. There are probably twenty different circumstances or conditions under which silica bricks are used. Sometimes they are used under high pressure, at others under low pressure, at times for low temperatures and others for very high temperatures. If the methods of this paper are followed out, and if the precise mechanical and thermal properties are determined and can be reproduced, the industry can furnish the proper brick for any particular purpose. There is at present only an imperfect classification made as to properties and uses, but we need a "much more scientific classification of the uses to which the bricks are to be put and then should manufacture the bricks suited particularly for each of those purposes. There is one property which is not mentioned in the paper and which is of considerable importance, that is, the 'electrical conductivity. There may be other properties besides, which a good research laboratory can determine, and when we have listed all the various properties and noted the way in which they can be reproduced, the maker can then specify his exact requirements and the corresponding quality of brick can he selected or made to meet them. H. D. HIBBARD, Plainfield, N. J.-About a year ago I had some experience in another country, in melting steel, where silica bricks made in that country failed, but in a different way from those in America. Here, when the bricks get too hot, they are partly melted and string down

Jan 4, 1917

Charles Catlett, Staunton, Virginia (communication to the Secretary*): I have had occasion to examine a few of the irondeposits in the immediate section of which Mr. Watson speaks, but have not had an opportunity to visit any of the well-known manganese-deposits. I find the former can be very safely read in light of the information which it is possible to get from the same measnres farther. north, where they are less completely decomposed. In the same way all of his conclusions in regard to the geology of the manganese-deposits bear out their occurrence in Virginia, when we allow for the far more complete decomposition in the section he has so carefully studied. Judging from the same measures farther north, I think he will be safe in agreeing even further with Penrose as to the origin of these ores. Some years ago I carried on prospecting work in these measures in Virginia, in which the iron-ore and manganese-ore were followed down to undecomposed material, and in which their occurrence along a definite line of stratification, and apparently a part of the original bedding, was plainly shown. This is unusual, however, even in the section of which I speak. At Crimora, Virginia, the decomposition is quite complete; at the same time the results of some hydraulic work, which has been done there, disclosed, at the time of my last visit, the manganese interbedded in the residual clay along a definite and distinct plane parallel to the bedding of the underlying quartzite, and which, as is shown at other points, corresponds with the plane of the original material. In view of the phosphorus reported by Mr. Watson as existing in the Cartersville ores, and the not uncommonly prohibitive amount in southern ores, I am interested to know whether

Jan 1, 1904

By E Westthorp, J Phillips

The detection of ethylene in mined-out ‘goaf’ areas of underground coalmines is an industry standard indicator of accelerated oxidation where the coal temperature has exceeded 100°C. If uncontrolled, this naturally occurring process can lead to spontaneous combustion and catastrophic mine explosions, such as the Moura No 2 mine explosion. Spontaneous combustion trigger action response plans (TARPs) typically use the detection of ethylene as a trigger for definite change requiring immediate reaction, which can include the withdrawal of coalmine workers.Following the completion of sealing of longwall goaves at Crinum North Mine, ethylene was often detected in trace quantities. These trace quantities were below 1 ppm and detected via the bag sampling regime, with the use of a gas chromatograph. Any ethylene detected in these instances was not associated with increased quantities of carbon monoxide to conclusively indicate a heating within the sealed area.Ethylene was only detected in a newly sealed goaf and would not remain present for a period following the sealing. As part of the longwall recovery process, the predominant roof support mechanism during the recovery was the use of timber cribs. It was decided to investigate the possibility of this timber generating ethylene.Preliminary tests were completed by placing timber specimens from several species of Australian native hardwoods in gas bags in air. Over time, some of the samples showed significant levels of ethylene within the bags.CITATION:Westthorp, E and Phillips, J, 2017. Findings from preliminary testing to determine alternative sources of ethylene within sealed areas of underground coalmines, in Proceedings Australian Mine Vent Conference 2017, pp 203–206 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 28, 2017

By Joseph A. Holmes

(Pittsburg Meeting, March, 1910.) AT the Mining Experiment Station of the U. S. Geological Survey, in Pittsburg, an investigation of the process of combustion is being carried on in a specially-designed furnace having an unusually long combustion-chamber. This work is conducted by a committee consisting of H. Kreisinger, mechanical engineer; Dr. J. C. W. Frazer, chemist; and Dr. J. K. Clement, physicist. The problem, essentially one of physical chemistry, is extremely interesting to all who are concerned in the burning of coal or the construction of furnaces. The main object of these experiments is to ascertain the relation between the amount of the volatile combustible driven from the coal and the combustion-spaces necessary to burn it completely. Our best steam-coals vary from 15 to 45 per cent. of fixed combustible. The greater part of the latter is burned on the grate; but the volatile combustible leaves the freshly-charged coal and must be burned in the combustion-space. If this space is not large enough, the volatile combustible will leave the furnace only partly burned, and the result will be a considerable heat-loss and a smoky stack. Strictly speaking, the factor which determines the completeness of combustion of the volatile matter, after it has been mixed with a certain amount of air, is the length of time the mixture is allowed to remain in the combustion-space; but this length of time depends on the extent of the space itself. Let us suppose, for instance, that, when a given coal is burned at a certain standard rate, the volume of the volatile combustible driven off per second is 10 cu. ft. Adding, say, 10 cu. ft. of air, the volume of the resulting burning mixture is increased to 20 cu. ft. If the combustion-space is 20 cu. ft., the burning mixture will stay in it,

May 1, 1910