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By H. A. Baxter

THE Eustis concentrator is located about nine miles southwest of Sherbrooke, on the main line of the Quebec Central railway. The concentrator is served by a side track parallel to the main line, and all supplies for both the mine and mill are delivered at the mill yards. The concentrator treats 250 tons of copper-iron ore daily by preferential flotation, whereby, first, the copper sulphides are floated and the iron pyrite is depressed, and, second, the iron pyrite is reactivated and floated, resulting in an iron pyrite concentrate and tailing, the latter going to waste. During 1934, 71,709 tons of ore were treated, averaging 3.712 per cent copper and 32.1 percent iron, with a small amount of silver and a trace of gold. The recovery was 93.77 percent of the copper, and 70.43 percent of the iron as iron concentrate. The copper concentrate produced averaged 25.623 percent copper and the iron-pyrite concentrate averaged 42.13 percent iron and 49.173 percent sulphur. HISTORY The first mill at the Eustis mine was built in 1904 (1). For a few years previous to this rime, some jigs had been operated to concentrate the fines from the mine, the coarse ore being hand-sorted. Both the fines and sorted lump ore were shipped to acid plants. The building of the mill was based on test work carried out by Professor Robert H. Richards at the Massachusetts Institute of Technology. The method of concentration consisted in careful classification in a Richards classifier, which made six different sized products. These products went to Wilfley tables, where a concentrate, middling, and tailing were made. The middling was returned to the rolls. Crushing was done by a jaw crusher and two sets of rolls, resulting in a screen size of about five-mesh.

Jan 1, 1936

By X. T. Zeng, X. Z. Ding, W. R. Chen, L. R. Zhao

The effect of deposition defects in metal nitride coatings on erosion behavior is presented. AlCrN, AlTiSiN, TiSiN and TiSiN:MoS2 coatings were fabricated by reactive cathodic arc evaporation and unbalanced magnetron sputtering processes. The microstructure and mechanical properties of the coatings were characterized by X-ray diffraction, scanning electron microscopy and nanoindentation, and the erosion property was assessed by solid particle impingement testing. The erosion characteristics on the coating surface and cross section were analyzed and correlated to the defects, which played an important role by promoting formation of erosion pits.

Jan 1, 2006

By Peter A. Bevan

"In massive and semi-massive deposits, it is essential to take samples continuously for specific gravity determination as well as for assays of the various metals of interest. Failure to use specific gravity in mixed deposits of high density contrast will result in incorrect determinations of the average grade.Graphs and linear equations of specific gravity against the grade of one metal are not considered accurate enough in a multi-mineral deposit, but appear to be very satisfactory in a theoretical one-sulphide/gangue mix. Specific gravities based on base-metal values only in massive sulphide deposits will result in underestimating the effect of low grade areas on the average grade and also cause a reduction in the calculated tonnage.IntroductionBy definition, a base-metal assay is the percentage of metal by weight contained in a sample, whether it be a soil or silt sample, a grab, chip or channel sample, or a section of diamond drill core.In those cases where there is a series of contiguous samples, say in diamond-drill core, the average grade may be required of the various assays that are above a desired or required cutoff grade.Internal low grade or waste can be included if the assays one side or the other are used to ""carry"" the lower grade material and the resulting average grade is above the cut-off grade. To determine the average grade, the individual assays are ""weighted"" by multiplying these values by their respective lengths, adding up the cumulative assay times length and dividing by the total length. This method is essentially a weighting by volume, because the core diameter is constant and is common to all the samples being considered for estimating the average grade . If some of the core samples have much higher specific gravities than others, and the specific gravities are not used in the weighting process, the resultant average grade will be over-estimated or underestimated, depending on the grade of the heavier sections. When core assays of approximately the same specific gravity or weight are averaged by length, the error in the weighted estimation of the average grade is negligible."

Jan 1, 1993

By S. Feinstein, I. Reznik, Y. H. Hatzor, O. Shitrit, Y. O. Rosenberg, H. J. Vinegar, S. Nguyen

"We report the effects of porosity and total organic carbon (TOC) content on the mechanical behavior of organic-rich chalks, based on laboratory measurements. The organic-rich chalks are from the Senonian Ghareb and Mishash formations. This deposit is an immature oil-prone source rock, about 300 meters thick, situated at shallow depths (several hundreds of meters) in the Shefela basin in central Israel. The study is based on core data collected from the Zoharim borehole.Three main phases comprise the bulk volume of this rock: 1) carbonate mineralogical phase (predominantly calcite); 2) pores (mostly saturated with brine); and 3) solid organic phase (type IIS kerogen). The mechanical effects of porosity (23-45%) and TOC (4-19%) are evaluated based on bulk incompressibilities vs. volumetric fractions analysis. Volumetric fractions of mineralogical and organic phases were obtained by porosity, density and TOC measurements. Saturated rock bulk moduli were measured through ultrasonic velocity measurements. Saturated rock bulk moduli correlate best with the sum of kerogen and pore volume fractions, rather than each of them separately. The volumetric fractions were also used to define the range of bulk modulus of the organic-rich chalk, using the Hashin-Shtrikman upper and lower bounds. Based on Marion's Bounding Average Method (BAM), the normalized stiffness factor of the chalk averaged at w=0.197, indicating a soft pore geometry. Using the average normalized stiffness factor, the BAM predictions showed excellent match with the saturated rock bulk modulus and the sum of kerogen and pore volume fractions. Based on our findings, it is inferred that kerogen grains do not support the solid skeleton but are distributed between the minerals grains. We also propose here a straightforward approach for calculating the Hashin-Shtrikman bounds, based on TOC and porosity measurements. The mechanical effects of porosity and TOC indicated here are very important for the understanding of the influence of immature kerogen presence in highly porous chalks, as the Ghareb and Mishash formations."

Jan 1, 2015

By S. N. Aliferova, E. I. Afonina, S. N. Titkov, A. Ju. Bondareva, N. N. Panteleeva

"Potash ore is mainly processed using the method of cationic flotation. Potash ore deposits of the CIS, namely: at Upper Kama river, Gremyachinsk (Russia), Starobin (Belarus), Tubegatan (Uzbekistan) are characterized by relatively low KCl impregnation (1.0 – 1.5 mm) and contain up to 10% of waterinsoluble impurities (WII). Water-insoluble impurities are presented by aluminosilicate, silicate, carbonate (calcite, dolomite) minerals and anhydrite. In the process of milling the ore to a flotation size there are released and dispersed the insolubles impurities actively sorbing the cationic collector, i.e. aliphatic amines C16 – C22. In this regard there is carried out a preliminary desliming of the ore.Currently grinding the ore to a flotation size (1.5 mm or less) is carried out in rod mills along with forming of a large number of fine-grained ore fractions having the size under 0.25 mm, which results in the increased KCl losses with halite slime waste and reduction in the quality of finished product. There has been developed the technique for processing of potash ores with a high content of water-insoluble impurities (10 – 12%) containing, in different ratios, silicates, carbonates and anhydrite. The technology involves the use of the ore dry grinding to the flotation size and subsequent reagent activation of the processes for sludge removal and sylvite flotation.INTRODUCTIONCurrently there are being developed the potash ore deposits in the CIS countries, namely: at Upper Kama river and Gremyachinsk deposits (Russian Federation), Starobin deposit (Republic of Belarus) and Tubegatan deposit (Uzbekistan). Potash ores are a mixture of sylvite and halite and contain water-insoluble impurities of silicates, carbonates and anhydrite. The content of water-insoluble impurities (WII) reaches up to 10%, disseminated (impregnated) sylvite does not exceed 1.5 mm and in connection with that the ore is crushed to a particle size under 1.5 mm. Ore grinding is performed by wet process in rod mills with producing a significant amount of fine-grained mineral fractions and sludge, which are actively sorbing a cationic collector, i. e. primary aliphatic amines C16 - C22. The ground ore is deslimed and the slime product is directed to a sludge depot (pits)."

Jan 1, 2016

By W. Curlook

"A review is presented of a growing number of imperatives, some self-imposed, some imposed by society, which the mining and metals industry faces in carrying out its business. These imperatives bear on all activities from the exploration phase, through engineering, design, plant construction and operation, to decommissioning.IntroductionThe mining and metals industry must learn to cope with, i.e. manage, a growing number of imperatives. Some of these, such as the need for responsible stewardship of natural resources, the requirement to respect laws and regulations, the need to provide for safe and healthy workplaces, and the need to provide appropriate returns to investors of capital , have been with the industry for a long time (fable I). But the industry now faces additional imperatives that are growing in number and in importance (fable 2):• There is the growing concern about the impact of operations, not only on the workplace environment and the external environment, but also on the need to monitor not only the chemical concentrations in various effluents but to also monitor the effects of such emissions on the environment; i.e. there is a growing concern about the ""net"" consequences of operations.• There is the need for on-going improvement in productivity and safety to compete and survive in a global economy. The global business environment has become paramount.• There is the imperative to failsafe all designs, equipment and operational procedures, and having done that to provide for containment of unavoidable spills, and to have ready and in place systems for emergency response.• There is the need, indeed the imperative, to involve all employees in various quality improvement programs.• There is the imperative to face up to ""virtual elimination/zero emissions""; and• One must have waste management plans in place to cope with the need to reduce, reuse, and recycle; and• There is the need for decommissioning plans for all operations, for the restoration of business habitats to their original states (or better). Indeed, one must engage in the decommissioning exercise from day one, i.e. right from the time of design and commissioning."

Jan 1, 1992

By Robert B. Parsons

"A joint federal/provincial/industry subcommittee of the Intergovernmental Working Group on the Mineral Industry (IOWG) has published an informative and readable report on taxation matters concerning Canada's mining industry. The report, which was presented to the federal and provincial mines ministers in September 1986, identifies and discusses key tax issues relating to this industry. The report is mandatory reading for anybody with an interest in mineral exploration or production in Canada.IntroductionIn 1986, Canada's federal and provincial mines ministers were presented with an important report concerning the taxation of this country's mining industry. This document is important for a number of reasons, two of the reasons being: first, the report contains an objective analysis of the key mineral taxation issues of the day; and, second, the report is the product of a cooperative exercise involving representatives of various facets of the industry and government. The report should be regarded as compulsory reading for anybody who has an interest in fiscal matters affecting mineral exploration and production.The ""Report on Fiscal Proposals"" was prepared by a subcommittee of the Intergovernmental Working Group on the Mineral Industry (IOWO). IOWO is a group of senior federal, provincial, and territorial government officials concerned with the analysis of mineral policy issues in Canada."

Jan 1, 1986

By S. L. Gula

"Effective and timely communication during routine operations, and especially during emergency situations, is no easy task in any underground mine. At Cominco Fertilizers, Potash Operations, where 150people are employed underground to produce 3.1 million tonnes of potash per annum at a depth of 1100 m (3600ft), this is no exception. The over-all mine workings underlie an area of approximately 20 km 2 with average travel time to the active mining areas being approximately 30 to 40 minutes by light vehicle, and significantly longer than this for heavy equipment.In a mine of this size, the deployment and management of personnel and materials on a day-to-day basis, and during mine emergencies, is an important exercise. The Personal Emergency Device (PED) system has provided the Potash Division a means to achieve improvements in this area and reduce the communications bottleneck.The MineAt Cominco Fertilizers Potash Operations, approximately 30 km southwest of Saskatoon, the orebody is the same horizon being mined by other potash producers in the Saskatoon area and extends over 300 km in an east-west direction, and approximately 150 km in a north-south direction. Mining operations are carried out with approximately 150 employees operating on a continuous-shift basis, seven days a week.Mining is presently being done from Block 6 which takes the mine to its northernmost boundary and contains reserves of approximately 50 million tonnes. Production is from one level by five twin rotor continuous mining machines, each capable of cutting a face up to 5.5 m wide and 3.3 m high . All ore is transported to the shaft via approximately 20 km of conveyor where it is removed to surface by two 24 tonne skips.After the ore is conveyed to the mill for processing, the finished product is shipped by rail car or trucks to other parts of Canada, the United States or through Vancouver to other parts of the world."

Jan 1, 1993

M INE production requires the coordination of the talents of men and the use of equipment. Mine operators maintain a continual surveillance of equipment, looking for improvements and modifications that will benefit them. Few give similar attention to the advances made in the education of mining engineers since they themselves graduated. That is not surprising. Education lacks the advertising budget available to manufacturers. A modification to improve a mechanical contrivance is advertised, and an advertiser's press releases get attention by publishers. The whole program for mining engineering education could be revolutionized and no one, except a few professors, would know about it. The Canadian Institute of Mining and Metallurgy's newly established General Commit-tee on Education can improve that situation. Nine groups of engineers in Canadian universities are trying to give undergraduates an education that will make them useful to the mineral industry as mining engineers. The tabulation offered here (Table I) is an analysis of the distribution of the undergraduate-teacher contact time.

Jan 1, 1963

By K. Hashiba, Y. Z. Liang, K. Fukui, M. Koizumi

"Efficiency and penetration rate during percussive rock drilling significantly affect the speed of tunneling and excavation. Many researchers and engineers have continuously engaged in the advancement of rock drilling performance. Development and modification of the rock drills based on test data are timeconsuming and costly. Hence it is essential to make effective use of numerical simulation. However, most of the numerical models proposed in previous studies were too simple in comparison with the actual percussive rock drilling in which many factors are involved. The objective of our research project is to construct a new realistic numerical model of continuous percussive drilling, which is based on the previous Okubo-Nishimatsu’s model. In this study, the parts of the previous model involved in stress wave propagation and attenuation were modified. The two models were prepared for HD712 hydraulic rock drill mounted on crawler drills and HD210 hydraulic rock drill mounted on drilling jumbos. Stress wave propagation was computed with the discretized one-dimensional wave equation. The calculated results were compared to the stress waves measured on a rod during percussive drilling. In both models for HD712 and HD210, the measured stress waves can be reproduced with the one-dimensional model of the same acoustic impedance as the actual piston, shank rod and rod combined with the CI+spring model as a rod joint. The calculated results indicate that the spring constant in the model of a rod joint needs to be set appropriately depending on drilling conditions. INTRODUCTIONEfficiency and penetration rate during percussive rock drilling significantly affect the speed of tunneling and excavation. Many researchers and engineers have continuously engaged in the advancement of rock drilling performance. Components related to the percussive drilling are a drill body, a piston, a shank rod, rods, rod joints, a bit and rock. The piston in the drill body is reciprocated by hydraulic pressure and collides with the shank rod a few thousand times per minute. Stress waves generated by the collision propagate and attenuate in the rods and rod joints, and then reach the bit. The bit penetrates and crushes rock. During percussive drilling, the components mutually affect each other and self-induced oscillation occurs. The number of blows and the rate of penetration are determined by the practical drilling conditions such as hydraulic pressure, thrust force, number of rods and mechanical properties of rock. Development and modification of the rock drills based on test data are time-consuming and costly. Hence it is essential to make effective use of numerical simulation. However, most of the numerical models proposed in previous studies were too simple in comparison with the actual percussive rock drilling in which many factors are involved."

Jan 1, 2015

By V. V. Zubkov

The systems of geophysical monitoring have been already put into operation at coal mines and ore mines. Since at present it is rather difficult to conduct mine experiments; it is necessary to start a new step in joining of geomechanics and seismic. The linking geomechanical and geophysical monitoring at coal mines and ore mines today became possible due to progress in development of numerical methods of modeling of stress state and technology for processing of seismic information. This paper describes one potential step in linking geomechanical and seismic monitoring at coal mines and ore mines.

Aug 1, 2013

By Nicola Robjohns, Kenneth A. Grace, Jane Spooner

"The important volume end use sectors for the rare earth elements and yttrium continue to be in steelmaking, petroleum cracking catalysts and glass polishing. The market sectors which may provide future high volume demand, to replace the older sectors where demand has declined over the past decade, include magnets, automobile catalysts, ceramics and superconductors. Increases in production capacity in all major rare earth producing countries are expected to restrain large price increases for high purity rare earth oxides over the short term. A sharp increase in demand for yttrium in advanced ceramics and superconductors would lead to a shortage in separation capacity, however, and to a corresponding rise in prices for separated rare earths.IntroductionWhile visiting the Geology Department of the University of Toronto in 1981, Professor Lu from the Institute of Geochemistry of Academia Sinica at Gweiyang in China introduced one of his seminars with the observation that in China, rare earths are not rare at all.Indeed, while being rare in terms of abundance as measured by, say, the Clarke scale, the rare earth elements, like many other low abundance elements, are subject to geological, geochemical and mineralogical concentration.The rare earth elements comprise the fifteen inner transition elements of Group IIIB, Period 6, of the periodic table, from lanthanum to lutetium (the lanthanides), as set out in Table 1. The rare earths constitute a distinct group as they have extremely similar chemical characteristics due to the uniformity of their outer electron shells. The element yttrium is usually, by convention, included in the rare earth group as it occurs with the rare earths in nature and has properties very similar to them.The rare earths are divided into two subgroups, the ""light"" rare earths, made up of the first seven elements of the series, lanthanum to europium, and the ""heavy"" rare earths, comprising the remaining eight elements, gadolinium to lutetium, plus yttrium. These two subgroups are also referred to as the cerium subgroup and the yttrium subgroup, respectively. The subdivision is based on differences in the atomic radii resulting in somewhat different properties for the two subgroups."

Jan 1, 1991

By M. Pelser, H. Gous, J. H. W. M. Brits, K. Voogt

The effect of impurities; iron and selenium, on current efficiency and deposit quality in copper electrowinning was investigated using an at-line cell at the Rustenburg Base Metals Refiners’ Copper Tankhouse. The tankhouse is a direct leach, starter sheet electrowinning operation with a unique electrolyte composition. The effect of iron on the current efficiency in the at-line cell was found to be less severe than reported in literature. However, the distinction between the chemical impact of iron on current efficiency and the physical impact of iron on a starter sheet operation needs to be realised. The effect of selenium on current efficiency and deposit quality is also reported. INTRODUCTION Anglo American Platinum’s Rustenburg Base Metals Refiners’ (RBMR) Copper Tankhouse serves a unique function in the refinery flowsheet in that its primary functions are the removal of copper and production of acid for the leach circuit. This function needs to be performed to specification in order to keep the leach circuit operating optimally. Current efficiency is seen as an indicator of tankhouse performance and efficient energy use. The tankhouse plates starter sheets onto titanium blanks which, after stripping and preparation, return into the production cells for further plating. Approximately 78% of tankhouses surveyed (Robinson et al., 2013) use permanent cathode technology whereas older, smaller operations still use starter sheet technology. Drawbacks of the starter sheet technology are that the starters are thin and bend easily leading to increased shorts, they need to be removed after two days of plating to be manually straightened and are then returned to the cells. In addition, the electrolyte levels in the cells need to be adjusted during the plating cycle to improve loop adhesion to the cathode and reduce loop corrosion. The starter sheet technology is therefore very labour intensive and the final quality of the product is dependent on the quality of the starter sheets produced. In comparison, permanent cathode or direct plating technology lends itself to automation, allows for higher current densities and better cathode quality due to more robust geometric stability in the cell. The present barrier to implementation of permanent cathode plating at the RBMR Copper Tankhouse is the capital cost required to convert the tankhouse, i.e. blanks and stripping machine. At present, alternatives to titanium blanks, such as LDX 2101, are being investigated for the unique electrolyte composition of this tankhouse.

Jan 1, 2019

By Robert B. Parsons

"Considering the traumatic events of Canadian mining taxation of the 1970s, one wonders at the sanity of anybody who tries to predict what the 1980s might hold for the tax structure of the mining industry. Yet, the author agreed to tackle this task when called upon to do so at the annual meeting of the Quebec Metal Mining Association in June. The text of this ""daring"" speech follows.IntroductionI have been asked to play the part of the oracle at Delphi, and to predict what the 1980s might hold for the Canadian mining industry in terms of taxation. To appreciate the challenge of this difficult assignment, try to imagine someone in my position back in 1972 attempting to forecast the balance of the 1970s. I daresay that ten years ago nobody could possibly have conceived of the devastating and casualty-ridden rollercoaster ride that mining taxation actually took in the 70s. Nevertheless, I shall examine the entrails and try to shed some light on what might happen during the balance of this decade as far as mineral taxation is concerned.If one were to retreat deep into history, one would find that taxation generally served one purpose-namely, to raise revenues for the government. More recently, an important second function has emerged: taxation is increasingly being used as a fiscal tool-a tool intended to mould and shape future events in order to accomplish certain economic, social and political objectives. It is these two main forces-the need (or desire) for revenues and the perceived convenience of using taxation as a fiscal tool-which will continue to shape the tax structure of the future.In our assessment of where taxation of the mining industry may be headed, we should be able to learn something by looking at where we have been."

Jan 1, 1982

By E. Mohammadi Zahrani

In this study, Mg-doped fluorapatite (Mg-FA) nanopowders were prepared through a sol-gel, technique and characterized. Designated degree of Mg2+ ions incorporation into the apatite structure was indicated by the x value in the general formula of (Ca10-xMgx (PO4)6F2), where x=0, 0.25, 0.5, 0.75, and 1. XRD, AAS, FTIR and TEM techniques were utilized to characterize the synthesized nanopowders. In vitro bioactivity of the powders was evaluated in simulated body fluid. Powders had a crystallite size less than 100 nm. It was concluded that Mg-substitution could alter bioactivity and dissolution behaviour of Mg-FA. These two parameters were proportional to magnesium content of the powders.

Jan 1, 2010

By Tweedy. D. H.

"The paper describes the rapid development of, and operational experience in the utilization of, pneumatic low-pressure pipeline hoisting systems to vertically convey raw coal and rock through shafts, supplementing shaft capacity-the greatest lift to date being 535 m.A typical installation has raised over 250,000 tonnes in less than one year from a depth of 413 m through a 350/ 400-mm pipeline at a rate of 85 tonnes per hour. Operational experience on seven systems has provided valuable data on performance and operating costs.The main advantages of the systems lie in the flexibility of the pipeline to occupy existing free space in shafts and underground roadways, the relatively low first cost, the short delivery and installation time, and the economical running cost.Conclusions are therefore reached on future applications for example, the use of boreholes in older mines where new production technology has outstripped shaft or slope capacity, inter-level hoisting to implement concentration on transport roads and perhaps full mine output from relatively small mines.IntroductionIt is seven years since the basic art and practice of the pneumatic hoisting of minerals was described. The technique was developed in Western Canada by Radmark Engineering and found favour in the United Kingdom with the National Coal Board. Engineering and commercial feasibility trails were conducted in collaboration with the Mining Department and Mining Research and Development Establishment of the N.C.B. There was also considerable involvement with the British Health and Safety Executive.During the last five years, rapid progress has been made in the installation of new systems in the United Kingdom, Hungary and other countries. The operational experience gained makes it possible to report ""in depth"" on these installations, which cover a wide range of different physical mining applications."

Jan 1, 1982

By R. W. Thompkins

"PREFACEThis paper will be published in three parts. Part 1, in this issue, will cover the occurrence of uranium, radiation from uranium ores, the uranium series, radioactive theory, radioactive equilibrium and application to the radon series, the working level, the theory of emanation and diffusion, transport by thermal diffusion of radon emanating from porous rocks, and definitions.Part 2, to appear in the October issue, will deal with radiation theory applied to uranium ores, other radon migration factors , fact ors affecting the radon gas release rate, measurement of radon gas emanation rates, the tunnel concept, variation of emanation rate with grade, and estimating radioactivity from grade analysis.The series will conclude with Part 3, in the November issue, which will discuss the techniques for controlling radiation and give some example calculations.1.0. Occurrence of Uranium1.0.1. Uranium is widely distributed in nature. Sedimentary rocks contain less than igneous or metamorphic rock s and as the outer 10 miles of the earth's crust is composed of 95 per cent igneous and 5 per cent sedimentary rock, it has been estimated that about 1.3 x 1014 tons of uranium exist in the earth's crust.1.0.2. It is not surprising, therefore, that radiation has existed naturally in the ear h ever since the beginning of time. It is found in such places as:(1) non-uranium mines;(2) houses not close to or connected to uranium mines;(3) ground-water tables supplying drinking water to large populations.1.0.3. All mines do not necessarily have abnormal radiation in them, but it is possible for many mines to have abnormal levels of radiation. Therefore, all underground mining operations should be tested for radiation."

Jan 1, 1982

By F. Nava-Alonso, A. Uribe-Salas, C. Rodriguez-Rodriguez

Ozone has been proposed to pretreat refractory ores before the cyanidation process for precious metals extraction. As pyrargyrite is one of the silver species most common in Mexican refractory ores, the ozonization of this silver sulfide was studied. The effect of pH and ozone concentration on silver dissolution was evaluated by means of a factorial experimental design. Two levels of sulfuric acid concentration and ozone in gas concentration were evaluated: 0.18 and 0.72 mol/L of acid and 0.054 and 0.077 gO3/L, respectively. The highest silver dissolution was obtained when using the higher acid and ozone concentration.

Jan 1, 2011

By Lawrence Devon Smith

"The concept of risk is well established in the mining industry. It is acknowledged when estimates of reserves are expressed as proven or probable, when mining and metallurgical recoveries are applied to the ore, and when contingencies are added to costs. However, it is difficult to provide a quantitative assessment of risk. The significant sources of risk in a mineral project and how these are addressed in project evaluations are discussed.The discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.IntroductionThis paper examines the components of the discounted cash flow discount rate and proposes a method of estimating project-specific discount rates. The motivation for this work comes from experience of project evaluations in which owners and purchasers had agreed on virtually every aspect of the evaluation except how much the project was worth. Agreement was reached on reserves, grade, recovery, capital costs, operating costs, taxes, and, by combining these components, even on the final cash flow values. The only difference in opinion concerned the discount rate to be used in the calculation of the net present value. Depending on the life of the project, such differences of opinion can cause a variation of more than 50% in the value placed on a project! This is illustrated in Figure I."

Jan 1, 1995

By S. Banisi, M. Pourkani, A. R. Laplante, A. Partoazar

"Canadian experience in industrial modeling of grinding, classification, and flotation kinetics was applied at the Sarcheshmeh copper mine, which processes 40,000 t/d of ore at 0.9 % Cu, in an effort to improve capacity and metallurgical performance. Mcivor's functional performance analysis was applied to ball mill cyclone circuits to maximize circuit capacity. Plitt's cyclone model was applied to predict how apex wear would affect classification performance, as part of a predictive maintenance program whereby the optimum wear period is determined for cast iron apexes. The flotation flowsheet was improved using Agar's optimization criteria. The impact of these technologies has been nothing short of spectacular, with an improved capacity of 1 S to 20""/o, and increased recoveries.1-IntroductionThe Sarcheshmeh copper ore body, which may rank as third or fourth largest in the world, contains 1 billion tonnes averaging 0.90 % copper and 0.03 % molybdenum. It is located southeast of Iran and has been processing 40,000 t/d of ore since 1982. The mine produces 100,000 tonnes of copper and 2,200 tonnes of molybdenum concentrate per year. After three stages of crushing, the ore with a Fso of 12. 7 mm is fed to 8 parallel ball mills in closed circuit with cyclones to produce a product 70""/o finer than 7 S microns. The concentrate of the first stage of flotation is reground and the tailings constitute the main component of the plant final tailings. A concentrate with an average grade of 31 % Cu is obtained after cleaning and re-cleaning stages. Total recovery of the plant varies between 83 and 87 % depending on the operating conditions and ore type.To improve the overall performance of the plant, it was first decided to evaluate the performance of grinding, classification and flotation. Measures were then taken to improve performance using the following criteria: (i) The improvements should be of the types that have resulted in significant improvements in other plants (e.g. Shannon et al, 1993); and (ii) The proposed improvements must be achievable with the manual operation presently used at Sarcheshmeh. The outcome of this study could also help in making decisions on the implementation of automatic control systems in the Sarcheshmeh copper mine."

Jan 1, 1998