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By Henrique Lacerda Eleutério, Aldo Henrique de Almeida Barbosa, Vicente Tadeu Lopes Buono

The automotive industry’s interest in galvannealed (GA) boron steel for hot forming processes application has been steadily increasing due to its excellent surface quality, galvanic protection provided to the parts, good paint adhesion and better weldability in relation to other coatings for this application. In this study, samples of 22MnB5 galvannealed steel were heat treated and hot stamped on a water cooled die in laboratory scale. The influence of heat treatment on stability of coating and steel was assessed by using initial heating rates 11.0ºC/s and 15.0ºC/s. Microstructural evolution of galvannealed coating and structural integrity of steel during hot forming were investigated by scanning electron microscopy with energy dispersive spectroscopy analysis (SEM/EDS/Line scan), X-ray diffraction (XRD) and optical microscopy (OM). It was possible to quantify the Fe-Zn phase evolution during hot forming, to understand the effect of these heating rates on the product properties and to establish an optimized heat treatment for hot forming of these steel. The heat treatment with the heating rate of 15.0ºC/s presented greater operational flexibility and final products free from surface defects or cracks in the substrate.

Oct 1, 2019

By B Klein

This paper stems from research and development in sensor and sorting technologies towards future sustainable mining undertaken by the UBC Mine-Mill Integration group in collaboration with MineSense Ltd. Sensors and sensor-based technologies such as ore telemetry and sorting are envisioned to be a significant component in achieving such ‘invisible’ future sustainable mining. Such technologies offer high flexibility and power in use: delivering valuable information from the very preliminary stages of mining exploration through to final upgrading of the ore preceding the fine comminution stages. This paper reviews sensors and sorting as enabling technologies towards a future smart mining operation and introduces a model in which sensor-based exploration (down-the-hole sensing), ore exploitation (smart-shovels), transportation (smart-conveyors) and preconcentration (sensor-based sorters) are effectively integrated to increase the present value of operations. It is anticipated on the basis of several case studies that an effective use of sensor technologies through tomorrow’s ‘smart mine model’ should lead to several positive impacts ranging from increased mining production, to reductions in transport costs, overall energy use and waste generation. In this way sensors can be used to maximise the profitability and present value of the mining operation from the exploration stage through to mine closure.

Nov 22, 2011

By Neville J. Price

In order that the reader may not be misled, I feel it necessary to comment upon the title of this paper. "Laws of Rock Behavior," one may take as being part of the all-embracing "Law of Nature" and this, according to the Oxford Dictionary, relates to the principles of conduct recognized as being pleasing to God. I feel it would be presumptuous to erect a code of rock behavior on this basis, so turn to a secondary definition, namely that a "Law" is that which is intrinsically reasonable. It is extremely unlikely that any group of geologists, or workers in rock mechanics would be in complete agreement about what could be taken to be "intrinsically reasonable." Therefore, this paper does not present any deified utterances, but rather deals with a few aspects of rock behavior which I consider to be intrinsically reasonable and with which I hope the reader will concur. The mode of behavior of rocks in the Earth's crust covers the range from wholly brittle to completely ductile ; with a deformation time scale which may be measured in milliseconds, for some events such as meteoritic impact, or in millions of years for the tectonic deformation involved in mountain building. A complete survey is, of course, outside the scope of an introductory paper, so I must be both brief and selective in my treatment. Any attempt to establish the mode of rock behavior in the Earth's crust should take into account data and relationships established in laboratory experiments and correlate these with field evidence. Consequently, the first section of this paper presents a brief discussion of the experimental aspects of rock mechanics which are pertinent to the subsequent discussion.

Jan 1, 1970

By Néstor D. Córdova

El presente trabajo revisa las técnicas empleadas y las condiciones previas para el sostenimiento y construcción del tunel Gandolini de la unidad minera Julcani. En esta perspectiva, el túnel sirvió de base para realizar las investigaciones de campo, obteniéndose así la información básica para un mejor entendimiento del comportamiento del macizo rocoso con miras a la solución de los problemas que planteaba su construcción. Por ello, la mecánica de rocas como técnica empleada, evalúa la alteración al equilibrio del macizo rocoso en el que se construye el túnel. Asimismo, se establecen criterios para la determinación de las cargas del techo y se los relaciona a los diferentes parámetros de diseño para llegar al cálculo del sostenimiento, dándose finalmente los aspectos prácticos relacionados a la selección de los tipos de sostenimiento más adecuados.

Oct 14, 1980

By Peter Zhang, Daniel Su, Berk Tulu, Bo Hyun Kim, Zoheir Khademian

Over 2,000 shale gas wells have been drilled in the Pittsburgh Seam longwall reserves. As longwall panels are laid out, some of these shale gas wells must be located in longwall chain pillars. With longwall mining on both sides and the constraint of chain pillar size, gas well in chain pillars are subjected to longwall-induced ground movements and stresses, which could induce deformations in gas well casings Casing deformations are associated with several factors such as overburden geology, surface topography, setback distance, and casing construction. Overburden geology is one important factor that largely determines the locations and levels of deformations in gas well casings Previous NIOSH gas well research has found that casing deformations above the coal seam horizon are smaller under deep cover than unde shallow cover and that casing deformations could occur at the coal seam horizon under deep cover. Recent mine-by cases have provided more insights into the locations and amount of longwall-induced casing deformations as well as the potential occurrence of a large casing deformation at the coal seam horizon. This paper presents three recent mine-by cases with shale gas wells in the chain pillars between two adjacent longwall panels under different overburden depths. Casing deformations were measured by multi-finger caliper surveys and predicted with numerical modeling. With the established numerical model, the effect of overburden depth was further analyzed to investigate the potential occurrence of a large casing deformation at the coal seam horizon under deep cover. These mine-by cases not only provide a general demonstration of how overburden depths can affect longwall-induced stresses and deformations but also give a good indication about the level of casing deformations that could occur under different overburden depths. The study concludes that (1) casing deformations reduce with increase of overburden depths at the gas well; (2) a cementing alternative with production casing uncemented is an effective means to eliminate production casing deformations; and (3) large plastic casing deformation could occur in the production casing at the coat seam horizon under deep cover. The experience and knowledge gained from these mine-by cases would help longwall operators and gaza companies to take appropriate measures to minimize the influence of longwall mining in shale gas wells in chain pillars.

Jun 25, 2024

By Yingbao Yang, Jinyue Liu, Yonggang Wei, Bo Li

Due to the depletion of copper ore with high-grade and low impurity contents, the raw materials for copper smelting exhibit low copper contents and high impurities. High-impurity elements lead to the poor performance of the final copper product; thus, the removal of impurity elements during the oxygen-enriched copper smelting process is crucial. In this study, based on the production of high-grade matte, the occurrence states of impurity elements (such as As, Pb, and Zn) are analyzed in the input and output materials of the oxygen-enriched smelting process, and the phase transformation mechanisms of impurity elements are revealed during the oxygen-enriched smelting process. The effects of temperature, Fe/SiO2 ratio and oxygen concentration on the distribution behaviors of impurity elements in dust, slag and matte and the removal rates of impurity elements in matte are clarified. The results show that the impurity elements mainly exist as As4, As4S4, As2O3, Pb, PbS, PbO, Zn and ZnS in dust, as FeAsO4, As2O3, FeAsS, PbSiO3, Zn2SiO4 and ZnFe2O4 in slag, and as As, FeAsS, PbS, PbO and ZnS in matte. High smelting temperature, low Fe/SiO2 ratio and low oxygen concentration are beneficial for improving the matte grade and the removal rates of impurity elements Pb and Zn in matte. Low smelting temperature, low Fe/SiO2 ratio and high oxygen concentration are beneficial for removing impurity element As in matte.

Aug 8, 2023

By Robert J. Evans

Reclamation costs were estimated for 20 coal surface mining operations in the Appalachian and Midwestern Coal Supply Districts (these two districts were divided into three multi-State regions). The cost data were obtained through onsite observations, interviews with mining company personnel, and the authors' cost estimating procedures. The cost data are presented in terms of dollars per acre, dollars per ton of coal produced, and dollars per cubic yard of overburden moved during backfilling. The reclamation process is divided-into three cost categories: Premining planning, backfilling, and revegetation. The average total reclamation costs for the three regions are $2.77 per ton of coal produced and $8,168 per acre. As the result of comparisons of reclamation costs by region, by mining method, by slope, and by size of operation, the most important reclamation cost difference is between area mining methods ($1.73 per ton) and contour mining methods ($3.81 per ton). The Federal Bureau of Mines conducted this study to determine as accurately as possible the actual costs involved with the reclamation of coal surface mined land done in conjunction with active mining operations.

Jan 1, 1975

By J Vann

Geometallurgy is inherently multidisciplinary and it gains its power to deliver improved outcomes for the minerals industry by bridging silos between disciplines. This cross-disciplinary approach unlocks value, identifies (and avoids) value destruction and provides a pathway to better implementation of an energy efficient and sustainable minerals industry. Despite this promise, we argue that the cross disciplinary approach also represents the greatest threat to the success of geometallurgy. Some key cross disciplinary issues identified are:Geometallurgy has so far evolved in the technical sphere, mainly by collaborations of geologists and metallurgists. Consequently, in many cases the business dimensions and value have not been incorporated. Financial and risk evaluation viewpoints need to be assimilated into the geometallurgical paradigm. In fact, until such measures are integrated into practices, the value cannot be fully demonstrated.The historical and current efforts on geometallurgy have been highly focused on improved sampling and measurement of geometallurgical properties or appropriate proxies. This work has been driven by professional and academic geologists and metallurgical engineers. It is notable that mining engineers (who are critical in the value delivery of geometallurgy through changed planning approaches) have so far been at the margins, or absent. The construction of valid three dimensional (3D) geometallurgical models raises some important organisational, mathematical and geostatistical considerations. The enhancement of resource models to account for geometallurgical aspects must be managed carefully if the full value of geometallurgical thinking is to be realised.The use of 3D geometallurgical models to change business decision making and practices is the real nub of the problem. We believe sophisticated scenario based evaluation methods are required if the potential impacts of spatial rock properties on processes further down the mining value chain are to be realistically evaluated. Such changed practices require ‘whole of value chain thinking’ to embed this change into the business in an ongoing way.Because profitable geometallurgy demands changed approaches to business decision-making and also organisation of the firm (radically changed in some cases), the senior executive viewpoint must be incorporated into the language and thinking of geometallurgy. This is unavoidable if the establishment of a geometallurgical approach to project evaluation, development and operation is to be successful and sustained.A powerful analogy for the problem faced by geometallurgy is the transformation of safety culture in the mining industry in the past 20 years. We argue that, as in the safety revolution, explicit models, cultural change and management of the ‘soft’ dimensions of the problem are pivotal to success of geometallurgy. In light of this, we propose a model (‘the Geomet Curve’) that gives a framework and pathway for geometallurgy in seven steps. The implications of this model for technical and organisational steps required at different stages are discussed.

Sep 5, 2011

By D. W. Bacon

Plant process optimization programs are often costly, both in technical effort and loss of production. Evolutionary Operation or "EVOP" is a mode of plant operation consisting of controlled cyclical changes in process conditions by which information is provided concerning potential process improvements while both volume and quality uniformity in production are maintained. Its conceptual simplicity and low cost of utilization have led to successful adoption in a variety of industrial manufacturing operations. This paper is an expository account of basic EVOP theory, the problems encountered and the organization required in applying it to a processing plant. Illustrations are provided which indicate the payoff that can result.

Jan 1, 1967

By C. E. Smith, R. J. Inglis, M. I. Brittan, J. H. Schoeman

"AbstractA number of plant-scale cyanidation tests were carried out in an attempt to uncover the causes of fluctuations in gold recovery efficiency. Computer analysis of the results verified that the treatment of reclaimed waste rock material along with normal run-of-mine ore was having an adverse effect on metallurgical efficiency. Mineralogical examinations showed that the free gold particles in the dump material were heavily tarnished or coated (predominantly by hydrated iron oxide), accounting for the lower recoveries. The indications were that the effect could be counteracted somewhat by using higher than normal cyanide and lime reagent concentrations and adequate leaching times. Analysis of the results showed further that leach pulp density was an important operating parameter affecting extraction efficiency. A variable activation energy leaching model provided an extremely good characterization of individual batch leach runs.IntroductionFLUCTUATING METALLURGICAL EFFICIENCY at the gold concentrator of the S.A. Land and Exploration Company Limited (""Sallies"") prompted some plant-scale cyanide leach studies in an endeavour to uncover the causes of the variations in gold recovery."

Jan 1, 1977

By Behdeen Oraee

Constructing tunnels underground is generally described as a high-risk activity because conditions in the surrounding area tend to be unpredictable. This would and can create unique dangers in every situation. It is important to gain a deep understanding of the risks associated with tunneling in order to reduce the likelihood of their occurrence and severity of their consequences should they occur. For this to be achieved, different risks should first be evaluated and ranked according to their relative importance and criticality. The Amir Kabir tunnel is considered one of the most dangerous tunnels in Tehran, Iran, in terms of the risks involved in its excavation and their potential consequences. In particular, part T4 of the tunnel passes through a zone of different strata and also a compound of various soils. This paper studies part T4 of the Amir Kabir tunnel from a risk analysis and risk management point of view. In doing so, factors increasing total cost, causing delay in the project completion time, decreasing the operation rate and downgrading project quality were identified and ranked according to their importance using the aggregate primary index risk method. For this purpose, a comprehensive questionnaire was designed and completed by tunneling experts. By responding to the questionnaires, the experts determined the relative likelihood of occurrence of the studied factors and their potential consequences. As a result, the experts suggested several alternatives to reduce the risks involved in this particular study. Moreover, the experts completed new questionnaires whilst taking into account different alternatives. In the next step, the risks before and after applying the alternatives were compared. As a result of performing the said analyses, it was concluded first that the aggregate primary index risk is an effective tool in identifying the risks involved in such projects. Second, it was concluded that, by taking into account different alternatives when analyzing and ranking the risks, severity of the said risks can potentially be reduced. Also, by considering such matters when analyzing tunneling risks, the projects? efficiency can greatly increase as a result of reducing risks that threaten financial and human resources. The approach introduced in this paper, together with the methodology described, can be adopted by the mining design engineer in all similar situations. They will be of particular advantage in such methods as room and pillar mining, where the number of similar tunnels required is high.

Jan 1, 2014

By Mike Johnson, Greg Andrews, Niels Verbaan, David Dreisinger

"The Search Minerals Foxtrot project in Labrador represents a significant Canadian resource of rare earth elements rich in the sought after heavy rare earth elements (19.8% HREE/TREE). A preliminary economic assessment of the project indicated that the project is technically feasible and economically attractive. A variety of metallurgical test programs have been undertaken which have led to significant streamlining and simplification of the process flowsheet. The improved flowsheet should allow Search to reach production earlier and will use conventional processing equipment. The results of these test programs are presented and discussed in this paper INTRODUCTIONSearch Minerals Inc. (Search) is exploring and developing a number of deposits for rare earth element (REE) recovery in Labrador, Canada. The Port Hope Simpson District is in the southeast of Labrador and is highly prospective for heavy and light rare earth elements. The Foxtrot deposit sits within the Port Hope Simpson REE District (Figure 1), which is 70 km long by up to 10 km wide. The infrastructure available at Foxtrot is excellent; a deep-water port, air strip, and road and power infrastructure are pre-existing at St. Lewis. The three communities of Port Hope Simpson, St. Lewis and Mary’s Harbour are in close proximity to the site."

Jan 1, 2016

By Gary E. Sherman

The Bureau of Mines estimated the remaining lode gold endowment of eight mining districts in Alaska using historic production data. A log-arithmic model of cumulative tonnage of ore processed versus cumulative grade was applied to the following districts: Chichagof, Fairbanks, Homer, Hope-Seward, Juneau, Ketchikan, Prince William Sound, and Willow Creek. To assess the remaining endowment, a computerized production data base was compiled from Bureau records. These data were aggregated in 5-yr intervals for each district. Data were sorted in order of declining grade, and log cumulative grade was plotted against log cumulative tonnage. Linear regression was performed on the data for each district. The linear equation for each curve was used to predict remaining endowment at a limiting mining grade. Based on conservative extrapolation of the grade-tonnage curves, a substantial total endowment of 8,415,100 tr oz of gold remains in the eight districts. The districts with the greatest remaining endowment are the Juneau, Chichagof, Fairbanks, and Willow Creek Districts.

Jan 1, 1987

By Don Suttie, Frank Roybal, John Wright

The Roybal Raise incorporates the simplicity and low cost of a short bald-headed raise while overcoming the usual impediments to driving a high baldheaded raise. The concept provides for speedy excavation and maximizing the use of the excavated opening, using the rock for structural support. The design is simple: two baldheaded raises are driven parallel to one another, interconnected by dogholes about 8 m (25 ft) apart. In this fashion, the raise can be driven safely and efficiently to 60 m (200 ft) or more. When the raise is complete, the excavation requires no timber for support or partitioning. Rather, the rock itself supports the construction. As a test, a two-compartment Roybal Raise was attempted at the Independence mine in the Willow Creek District of Alaska. One side was driven 2 x 2 m (6 x 6 ft), intended for a manway and equipment skip. The other was driven 1.5 x 1.5 m (5 x 5 ft) for a muck compartment. Both sides were driven at a 65° angle from horizontal and 1 x 1 m (4 x 4 ft) dogholes spanned the 4.6-m (15-ft) pillar between the two compartments. After topping out at 50 m (160 ft), the raise was found to meet all expectations of efficiency, low cost, and practical simplicity. Technique Preparing the Roybal Raise for driving involves no elaborate or costly site prep except assembling materials and providing for muck removal. Normally, the raise muck falls directly onto the sill or track and is picked up either by an overshot mucker or a front-end loader. Raise mining proceeds initially by taking up both compartments simultaneously to the first doghole. It progresses by alternating one side as a clear manway for access with the other side, the active side, as a muck compartment (Fig. 1A). This stage proceeds quickly for no mucking or staging is required to cycle the first three rounds. On the fifth round, in addition to the normal raise round, rib holes are winged out toward the adjacent raise, thus starting the dogholes. Finally, as the sixth raise rounds are drilled and shot, the first doghole is also completed from both sides. The second stage commences by establishing one side as a clear manway for access while the other side, used as a muck compartment, is prepared for active mining. Figure 1B illustrates this step in the succession of raising with the active side advancing to the second doghole level. During this stage, services are maintained through the manway side and equipment is stowed in the doghole during blasting. As the active side advances, muck may be allowed to fill the bottom portion of that side since it is unnecessary to clear it for access. The next stage of raising involves cleaning out the former muck compartment and preparing it for use as a manway. At the same time, the former manway is prepared for advance and use as a muck compartment (Fig. 1C). As in the previous step, the same doghole is used for access and equipment storage. The active side advances until the second doghole is completed, at which point equipment and access are moved to the new doghole. From there, the active side is driven past the second doghole 8 m (25 ft) more to the third doghole level. Again, half of the doghole and the next raise round are mined. The fourth stage involves switch ing back the manway side for the muck side (Fig. ID). The new muck side is driven to the third doghole where equipment storage and access are reestablished. From there, the active side is advanced to the fourth doghole. In the same fashion, the raise is advanced to the top, alternating the manway side with the active side, maintaining access through the inactive manway, and storing equipment in the uppermost doghole. The cycle time for driving each compartment, regardless of the raise height, is greatly improved over that for normal bald-headed raises of comparable height. By storing equipment in the upper-

Jan 1, 1984

By A. B. Cerato, M. K. ElSawy, A. Elgamal

"Helical piles are gaining popularity as foundations for new construction as well as retrofitting option for deficient foundations. More recently, large diameter helical piles are used to support structures in regions characterized with high seismic hazard. Even though they have proven to be viable in seismic areas such as New Zealand, where they experienced little damage during the Christchurch earthquake, the knowledge about their seismic analysis and performance is largely lacking. Therefore, there is a need for comprehensive study to evaluate their performance under seismic loading. The current objective of this study is to investigate the performance of helical piles through a full-scale testing program that was performed at the NEES/UCSD Large High Performance Outdoor Shake Table (LLHPOST). The experimental setup involved ten steel piles of different configurations installed in dry sand. The piles were loaded with different masses and were subjected to different earthquake signals to simulate different dynamic behavior. This paper compares the performance of different moment curve fitting methods used to interpret the test data. Furthermore, the effects of different frequency content of loading on the pile response is illustrated in terms of deflection along the shafts of tested piles with different configurations.INTRODUCTIONEarthquakes are a major hazard for structures situated in seismic regions, and dynamic loading must be a design consideration. Successful design of a foundation system entails providing a safe and economic foundation solution to resist earthquake loading. Different foundation options have been used to support buildings in high seismic regions. Helical piles represent a viable foundation option that offers several advantages in terms of ease of installation, lower cost and environmental impact, ability to approximate the axial capacity directly from torque readings and more (Perko 2009). However, they are not typically considered as an option in many seismic regions. Meanwhile, several buildings supported on helical piles in New Zealand have survived the Christchurch earthquake with negligible damage, which encourages performing further research to understand the behaviour of these piles under seismic loading.A helical pile consists of a steel shaft fitted with a steel helix/helices. The helical pile is installed by applying torque to its head via mechanical torque. Nowadays, helical piles are used in a wide range of applications such as foundations for light posts and residential houses. The static behaviour of helical piles has been studied extensively and is relatively well understood (Tsuha and Aoki 2010; Mittal et al. 2010; Sakr 2011; Elsherbiny and El Naggar 2013; El Sharnouby and El Naggar 2012; Elkasabgy and El Naggar 2015; Weidong et al. 2015 and Bagheri and Naggar 2015) However, the dynamic and seismic behaviours of helical piles is seldom investigated (Elkasabgy and El Naggar 2013). This underscores the knowledge gap currently present regarding the seismic behaviour of helical piles."

Jan 1, 2017

By Igor Gonzales G.

The Southern Peru Copper Corp. (SPCC) recently built an integrated copper project consisting of dump- and heap-leaching operations at its mine complex in Peru. The pregnant leach solution (PLS) containing the solubilized copper from the leaching operations is processed in a new solvent extraction/electrowinning (SX/EW) facility to produce high-purity cathode copper. The dump leaching and SX/EW facilities are located near the Toquepala mine site. The crushing and heap-leaching operation is located at the Cuajone Mine. The pregnant leach solution from Toquepala and Cuajone is pumped 35 km (22 miles) to the SX/EW plant at Toquepala. The SX/EW plant consists of three trains of solvent extraction (SX), a tank farm area and an electrowinning (EW) facility. The solvent extraction plant has a total PLS flow capacity of 3,210 m3/hr (113,360 cu ft/hr). The electrowinning facility has an expected long-term production capacity of 97 t/d(107 stpd) or about 35 kt/a (38,500 stpy) of cathode copper. However, present production exceeds the expected long-term by about 20%.

Jan 1, 1996

By David Mast, Irwan Halim, Seung Han Kim

Fermilab is constructing a large underground cavern in Limestone to house scientific equipment. The cavern will have a complex L-shaped geometry and about 215-foot depth with relatively shallow rock cover, with service/egress shafts accesses into the cavern. Three-dimensional analytical models were developed to study the ground behavior and support performance. Multiple rock constitutive and failure models were evaluated. The models were significantly impacted by the high lateral in-situ earth pressure at the site. This paper will describe the design approaches that were taken to optimize the cavern arch geometry to allow safe construction in shallow rock, and permanent support requirements.

Jun 13, 2021

By J. R. Goode

"Canada developed pioneering rare earth solvent extraction methods to recover the rare earths and thorium as by-products of uranium recovery operations in Elliot Lake, Ontario, and was a major supplier of these key elements from about 1960 until 1990. At one stage, Elliot Lake was supplying perhaps one third of the world’s yttrium as well as much of its thorium. This paper reviews the development of Canada’s early rare earth and thorium production facilities. INTRODUCTIONThe rare earths and thorium were first identified in the early 19th century but were little more than curiosities for the next century. However, in the mid-1960s the invention of rare earth-based phosphors for the cathode ray picture tube used in colour television sets launched a major demand for certain rare earths.The use of thorium as an alloying agent in aircraft and missiles grew rapidly in the late 1950s. In the same period, demand for uranium for both weapons and power production soared. Also in the late 1950s, the Elliot Lake uranium-thorium-rare earth deposits (also known as the Blind River deposits) were discovered. This conjugation of events led to uranium production in the Elliot Lake camp, quickly followed by the co-production of thorium and, later, the rare earths.Uranium production in the Elliot Lake camp continued from 1955 to 1996. Thorium was produced continuously from 1959 to 1969. Rare earths were produced, intermittently, from 1965 to 1990. Complete production records are not readily available but unquestionably Elliot Lake made a significant contribution to world thorium and the rare earth production. This paper, presented earlier in an abbreviated form (Goode, 2012), is intended to present as much of the information that is available."

Jan 1, 2012

By R. V. Higgins

The results of two separate but related studies are given. In the first study, four equations were tested; the object was to determine which would produce a curve that would best fit data points that represent a trend of declining oil production in 90 California fields. Two conventional equations (the Arps and semilog) and two novel equations (extreme-c and double semilog) were tested. The curves were first fitted to the initial 9 years of the 15-year production data and then extrapolated for 6 years to determine how well the extrapolated curve would fit the data points. The generated curves were also extrapolated beyond the last data point to predict rates of future production. The results of the first study showed that no equation was clearly superior to the others in all respects. The semilog equation resulted in the best fit to production data for the first 9 years, but the Arps and extreme-c equations produced a better fit for the extrapolated data for the period of 9 to 15 years. The Arps and extreme-c also gave more realistic production rates when extended to the point where cumulative production equaled reserves. A second study was made to determine if the least-squares technique applied to the Arps equation would result in more accurate extrapolations. The merits of the logarithmic and the nonlogarithmic forms of the Arps hyperbolic equation were also tested. For the logarithmic expression, it was found that one of the constants of the Arps equation reached a value so small or so large that the equation was not applicable to the data of 40 of the 90 California fields. The nonlogarithmic form of the Arps equation was applicable to neither the same 40 fields nor to a few additional ones. When the data and the Arps equation were compatible, the use of the least-squares technique as compared with other methods improved the extrapolation accuracy somewhat.

Jan 1, 1971

By S Watson, L Martinez

Mine projects are complex opportunities that demand a constant assessment of uncertainty, ie risk and upside potential. This is because the value of a mine project is typically influenced by many underlying economic and physical uncertainties, such as metal/mineral prices, metal/mineral grades, costs, schedules, quantities, and environmental issues, amongst others, which are not known with much certainty at the beginning of the project. But, is uncertainty an enemy or an ally of the mine planner/analyst? To answer this question, this paper first assesses and elaborates upon the general concept of uncertainty. It then looks at the different sources of uncertainty in a mining project, such as the orebody, costs and product price uncertainties, and their effect on the final project value. Next, a general?review?of current mine evaluation techniques highlighting their limitations when dealing with uncertainty is made. Finally, an extended evaluation and risk management framework that addresses the existing uncertainty in the (greenfield/brownfield) mine evaluation process is proposed. One important characteristic of this framework is that it uses and manages uncertainty in order to generate additional value to the project; this is done through operational and managerial flexibility, which allow mine planners to minimise/maximise project risk/upside-potential giving a more realistic estimate of the projectÆs market value - this is shown in practical and simple examples occurring at different stages of a mine project, such as exploration and operation. Final conclusions are provided at the end.CITATION:Martinez, L and Watson, S, 2012. Uncertainty - An important source of (additional) value for mine projects, in Proceedings Project Evaluation 2012 , pp 131-140 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012