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By Sidney V. Gold

Should Gold Producers Hedge Their Positions Through : Sales on Forward Markets? Purchases of Put Options? Sales on Spot Market? Forward Markets Assumptions 1. Producer has a known amount of Gold to sell in year ahead. 2. Effect on price is the same whether sold Forward or Spot Market. 3. None of us have knowledge of Future Price Trend. 4. Contange Market prevails in which Forward price premium is approximately equal to rate of interest.

Jan 1, 1983

By D. E. Larson

The U.S. Bureau of Mines has developed a image analysis methodology to correlate the energy consumed during the grinding of an ore to the mineral liberation achieved. Energy consumption values are obtained using a laboratory-scale ball mill equipped with a torque sensor, and an automated image analyzer is used to determine the liberation present in ground products. By combining liberation information with energy consumption data an appraisal can be made of the energy required to liberate the mineral(s) of interest. Results of tests performed on a complex sulfide material determined the effects of grind duration on the liberation achieved and the energy efficiency.

Jan 1, 1995

By N. A. Abdel-Khalek

The objective of this investigation was to compare the results of counter-current flotation column versus conventional flotation cell for the cleaning of a sulphur ore and its discrete size fractions. The tests were carried out using diesel oil as a collector and alcohol as a frother. Generally, flotation column produced concentrates of higher grade. For example, the grade of a rougher concentrate for a given feed obtained with the column increased by 33% higher than that produced with the flotation cell. Such higher grade could not be obtained using conventional cell even after 3 cleaning stages. Moreover, the column gave superior results for flotation of fine and ultrafine particles.

Jan 1, 1991

By L. Alagha, F. Schott, M. B. Haya, Z. Xiao, K. C. Monyake

"Froth flotation is a process in which valuable minerals are separated from gangue minerals on the basis of surface wettabilities. It is a universally accepted process for the beneficiation of coal. The large amount of coal fines that have been generated from both mining and beneficiation processes has been reported as a chronic problem to both fine coal preparation and utilization as these fines contain a high amount of ash forming minerals. The current study investigated the potential application of Synthetic Bio-compatible Polymers as slime depressants in fine coal flotation for the possibility to enhance the combustible recovery and ash rejection. Raw coal samples containing 21% of ash-forming minerals were crushed, grinded and floated in the presence of Chitosan polymer. Flotation tests were carried out in D-12 Denver flotation cell with 1-Liter capacity. Flotation outcomes were studied as a function of polymer concentration. Box-Behnken factorial method was used for experimental design. Second order response functions were produced for ash% and combustible recovery. The results obtained from this study demonstrated positive influence of chitosan polymer on ash% and combustible recovery. Ash % was decreased by 3.32 % while an increase of 48.15 % in combustible recovery was observed when chitosan was introduced in the flotation process. INTRODUCTION Froth flotation is a widely used method of separating minerals by utilizing the difference between surface wettabilities [1], [2].Modern mechanized mining and ore handling operations produce large amounts of coal fines which in the past were not processed but discarded as waste[3]. Even though flotation is the best method of beneficiation for coal, it can be challenging in case of fine coals. In fine coals, slime coatings of colloidal mineral matter exist on the coal surface. These coatings render the coal hydrophilic, hence reducing flotation efficiency and recovery. Of late, different researches have been using biodegradable polymers to determine their feasibility in enhancing fine coal flotation efficiency[4].Naturally occurring and synthetic polymers, for example, polyacrylamide-based polymers, have been widely used in flotation as multifunctional reagents[5],[6],[7]. Hybrid polyacrylamide polymer has been successfully used as a depressant for ash forming minerals in fine coal flotation[3]. Recently, chitosan has been successfully used in flocculating quartz particles to produce faster settling rates of fine tailings [4]."

Jan 1, 2018

By M. L. Young

Hindered settling columns are used throughout the minerals industry for both size and density separations. In this study, the performance of a continuous, laboratory-scale hindered-settling column was evaluated for various particle systems. The test variables included solids composition, water rate, and column height column performance was evaluated using partition curves and corresponding performance parameters.

Jan 1, 1999

By S. Tuylu, D. Adiguzel, A. Bascetin

"In recent years the fact that mining tailings cause serious environmental problems resulted in increasing number of studies about their disposal, storage and usability in various areas. Therefore the new studies about using the tailings for some purposes such as using in shotcrete or producing concrete have been increasing recently. The study is focused on applicability of tailings for producing shotcrete. Under this scope it is considered that mining tailings can bring many advantages in case of that they are used instead of sand, silt or fine aggregate in shotcrete applications. Most important advantages can be listed as decreasing shotcrete cost, decreasing amount if mining tailings to be disposed and the contribution to be provided on sustainable production of sources. The main objective of this study is the investigation of using mine tailing instead of fine aggregate in shotcrete. In this study, 10 shotcrete designs in different proportions were formed, and properties of the mixtures were identified. Then, the experimental results were statistically analyzed, the effects of the amount of the tailing material used on shotcrete properties were presented, and empirical approaches that can be used for the estimation of these properties were developed. INTRODUCTION The disposal of high amount mine tailing on the surface is caused a lot of problems in terms of environmental impact. Unfortunately, it is known that classic disposal techniques such as tailing dam cannot provide a solution these problems. The tailing dams which are usually used in the disposal of mining tailings bring along many problems in terms of cost, environment, and human health. So mine tailings are used in different production such as shotcrete. This technique is becoming increasingly common during recent years. The usability of mine tailings in brick and concrete production instead of cement and fine aggregate has been studied by many studies [1-4]. This situation has been promising for the usability of tailings in shotcrete which is commonly used for ground support especially in tunnels. Shotcrete (sprayed concrete) is applied mainly for construction of tunnels, shafts, renovation works and strengthening of slopes. Main advantage of shotcrete is fast development of strength, which quickly ensures stability of strengthened structure [5]. Shotcrete can be defined as spraying the grout consisting of water, aggregate, cement and optional additive mixture on the desired surface with a compressed air. According to the definition of the American Concrete Institute (ACI), it is the spraying of sprayed grout or concrete on a surface at high speed with air pressure [6]. In recent years, the use of shotcrete for the support of underground excavations is decreased in the mining industry. The design of shotcrete support for underground excavations is a very imprecise process. Strength and pumpability properties of shotcrete are very significant for determining suitable shotcrete design. Flow characteristics of the shotcrete must be determined for pumpability and fluidity of the material."

Jan 1, 2017

The surface properties of eight coal samples were studied by measuring contact angles, coal oxidation, equilibrium moisture and film flotation. The penetration tests were carried out with do de cane, while dodecane and MIBC were utilized in batch flotation tests and in the simplified release analysis. Coal floatability results from the properties of coal organic matter and coal liberation. While the wetting of coal by water seems to be determined by the surface properties of coal organic matter, wetting by hydrocarbons correlates very well with the content of coal mineral matter.

Jan 1, 1992

By R. E. MacDougall

Very few mineral properties spend their entire lifespans from discovery to depletion in the hands of one owner. More likely, properties will have several owners, and partial interests may change quite often. Similarly, mineral companies are bought and sold with frequency, in recent years at what appears to be an accelerating rate. The reasons for selling a property can be manifold -need for additional capital in other parts of the business, need for development capital, realization of a large gain at a perceived high point in the market, pessimistic commodity outlook, retirement of principals, or resolution of estate problems. Regardless of the reasons for a sale, there are specific steps that logically follow. Spruce up the business, package the information, market the property, negotiate the terms, close the sale, and make sure it stays sold. Adherence to certain very basic ground rules in property sales can maximize the profits and minimize the effort.

Jan 1, 1990

By R. Adsero

"A high altitude review of the state of the mining industry provided by a study of multifactor productivity shows a continuation of lower output year on year for the capital and labor inputs applied. The story is sadly similar for both U.S. mining and the Australian mining sector. In fact, according to PwC analysts, the world’s mining equipment productivity has declined 20 percent during the past seven years (Lumley, 2014). Although the reasons for the continuing decline in mining productivity are varied, the need for improvement is clear.The world’s mining industry fleet of more than 400 large draglines moves billions of tons of overburden and ore (phosphate, limestone, etc.) annually. This discussion will review a few of the tools available for improved productivity in dragline operations.Benchmarking equipment performance exposes the possibilitiesIn the September 2013 Mining Engineering cover story Graham Lumley and R. Adsero suggested that analyzing best practice equipment performance from an industrywide database for specific equipment performance improvement goals would be beneficial (Adsero, 2013). Benchmarking equipment performance by normalizing differences and then comparing specific measures of performance will provide a road map to improvement for those following the leaders. For those already performing at best practice levels, a benchmark confirms and bolsters what has already been achieved. As described in the SME February 2014 paper by this author, best practice is the average of the top 10 percent in annual output. Filling performance gaps identified by a comparison to best practice by investigating the details of the why and taking action to change, makes all the difference. This is true for all major mining equipment. Given the large gap between average performance and best practice performance most mining operations can benefit. Best practice performance provides a view of what is possible to the 90 percent majority of mining operations that are performing below the top 10 percent.For dragline mining operations, identifying specific characteristics and practices of leading dragline performance will provide a reference for comparison."

Nov 1, 2016

By F. Sill

The disposal of residual material from processing and combustion of coal, from incineration of domestic refuse and sewage sludges kind to the environment is a prior task for the future. Deutsche Montan Technologie (DMT) has developed a new technique which makes possible to fill-up goaf cavities behind running caving systems in coalmining. In a mixing and pumping station on the surface high concentrated suspensions are produced from the above mentioned materials. The paste is pumped through pipes to the coalfaces and via trailing discharge pipes stretched to the fracture zone in the caved-in goaf. Since three years a special designed plant is working successfully on a coal mine of Ruhrkohie AG.

Jan 1, 1994

By M. D. Flavel

My paper relates to bond's third theory of comminution and suggests work be used as a basis for designing crushing and screening plants, this will give more accuracy than existing methods, As stated in the abstract, this paper is only a synopsis of my official paper, many of the questions that might arise in this brief address will be answered by referring to the detail i n the main paper $ Because of the limited time available and the fact that many people here do not need to study the aspects of crushing and screening in depth, i will highlight-those sections of the paper which show how major capital, operating and energy cost savings can be achieved in the process, I will develop the theme in the following manner, Firstly, pointing out, why a new approach is needed to the fundamentals of crushing and screening, Secondly, by setting forth some theory to describe what we are trying to accomplish, Thirdly, by looking at important factors which need to be observed in designing plants and applying machines to comply with this theory, Lastly, i will put forth some ideas on how we might develop this theory to make the industry more efficient, At the outset, i have to say my approach to this process is entirely new, for those used to applying machines and designing plants on existing criteria, they will find this theory easier

Jan 1, 1977

By E. Maré

Some of the members will probably ask themselves what close relationship exists between hydro-metallurgy and a wet scrubber, but we are sure that as soon as deeper thought is given to the matter it will be realised how vital scrubbing, operations are in metallurgical plants. In ordinary metallurgical installations or pyro-metallurgical processes ore concentrates are first of all shifted from place to place and dust is created. In other cases the ores or concentrates are crushed or dried or roasted, and in each one of these operations dust and fumes, are created. All suspended particles and fumes originating from the abovementioned conditions not only, in many instances, provide health hazards which disrupt production and endanger the personnel in the plant, but also are the source of economic losses through extra maintenance and wear to moving machinery due to abrasion and corrosion. Further losses are incurred by the waste of fine, very often valuable, components. The Party who once said that in several metallurgical plants the bulk of the profits was discharged into the atmosphere by the stack wasn't stretching the truth. There is a place in Africa where a gold producing concern used to lose over 5 oz. of fine gold per day out of a total production of 3000 oz. per month. In another instance, copper concentrate going as high as 80% Cu was discharged into the atmosphere at the rate of 4 tons per day. Realising the value of removing and collecting solids and fumes created in metallurgical plants, a thorough study was made of the available plant and equipment offered on the market. Some units were found very efficient, but very expensive; some others also very efficient but with temperature and maintenance limitations. Some others were also efficient but prohibitive from the point of running costs.

Jan 1, 1963

By D. S. Kimbal

The McCoy/Cove mine is located 48 km (30 miles) south of Battle Mountain, Nevada, USA, in the Fish Creek Mountains at an elevation of 1548 m (5080 ft), see Figure 1. Joseph H. McCoy first discovered gold at this location in 1914. This discovery led to the Gold Dome Mine which produced the first gold from this area in 1928. After the Gold Dome era, the land remained relatively dormant until Houston oil and Minerals Corporation purchased the claims from the Summa corporation and defined an ore body at the present day McCoy pit. In 1986 Tenneco Minerals (formerly Houston oil and Minerals corporation), sold the McCoy mine and adjoining claims to Echo Bay Minerals corporation. The Cove ore body was discovered soon after the sale to Echo Bay. Echo Bay expanded the heap leach operation and built the present mill which began processing ore in the fall of 1989.

Jan 1, 1993

The Australian states of New South Wales (NSW) and Queensland, because of their endowment of black coal resources, dominate the production and export statistics for Australian coal. NSW produced 86 million tonnes of saleable coal in 1994, representing a doubling of output since 1980, or a growth of 5% per annum. Asian demand for thermal and coking coal has, of course, driven this growth in NSW. This high Asian demand is forecast to continue and NSW will seek to secure its share. This paper focuses on some of the issues facing NSW in the future, and in particular, examines some of the major new and proposed mining projects.

Jan 1, 1997

By Alexander E. McHugh

A study of some variables affecting the recovery of molybdenum from oxidized molybdenum minerals was made. The effects of variations in contact time, temperature, pulp density, particle size, and solvent concentration on the recovery of molybdenum using acid and alkaline solvents were investigated. Chemical analyses, screen analyses and microscopic examinations were made and the presence of important elements determined. A hydrometallurgical method was developed to recover the molybdenum from the oxidized molybdenum ore by simultaneous dissolution of the molybdenum with sulfuric acid, adsorption on activated charcoal and flotation of the charcoal. The molybdenum was extracted from the activated charcoal with sodium hydroxide, precipitated with calcium hydroxide as calcium molybdate and this regenerated sodium hydroxide for additional stripping. A solvent extraction method, using mines, was also studied to recover molybdenum from both alkaline and acid molybdenum solutions. Satisfactory results were obtained.

Jan 1, 1967

By J. M. Mutmansky

This paper outlines patterns of methane emission in both longwall and room-and-pillar operations and the effects that these patterns have on the decision as to whether the methane is most economically handled by ventilation alone or by means of a methane drainage system in addition to ventilation. The costs of handling the methane in the ventilation system and the costs of implementing the methane drainage system will be discussed as well as the costs related to the production of coal. The important issue of production slowdowns and gas outs will also be discussed as well as the proper response of mine management to such a situation. Suggestions concerning the keeping of production records related to methane problems will be made as well as justification for more intensive economic analysis of coalbed methane extraction and utilization.

Jan 1, 1998

By L. B. Phelps

Industrial mineral production is basic to life in these United States. Production techniques of these minerals are part and parcel of the training that mining engineering educators must, and do, impart to their students. This paper deals with the basic mining engineering program required by all accredited engineering schools and the specific way the Pennsylvania Scare University presents and builds upon them. The manner in which these concepts provide the student with the necessary tools to function as a mining engineer in me realm of industrial minerals extraction is discussed.

Jan 1, 1981

By Frank Cook

As in other areas of the country, surface coal mine productivity in the Central Coal Province--primarily Illinois, Indiana, and west Kentucky--has declined steadily since 1969 (figure 1). Productivity, as measured in tons of clean coal produced per man-shift, dropped 35 percent during the period 1969-1975. Unwelcome at any time, this phenomenon is particularly untimely now, when increased coal production is a national goal. The U.S. Bureau of Mines has been working with the coal industry to develop new operating methods and equipment to enable increased productivity and improved reclamation performance in surface coal mining. Several projects have involved identification and evaluation of existing overburden handling and reclamation practices, and development of means to improve operational procedures. Some results of one of those projects, as they apply to the Central Coal Province, are summarized in this paper.

Jan 1, 1977

By Jaime Adasme, Héctor González, Benjamín Celada

"INTRODUCTION Santiago de Chile is a 7 million inhabitant city which has a 103 Km long subway network operated since 1975 by Metro S.A. This network is used on a daily basis by 2.3 million people. In 2012 Metro S.A. started the biggest enlargement of the network in its history, through the design and construction of the new Line 3 (21.7 Km) and Line 6 (16.5 Km). The detailed engineering contract for civil underground works of Line 6 (L6) was awarded to the Consortium integrated by ZAÑARTU Ingenieros Consultores and GEOCONTROL S.A., in which Geocontrol was in charge of the design of 11 stations and 14.5 Km of tunnel. L6 crosses L3 in Ñuble and Ñuñoa Station, L2 at Franklin Station and ends, intersecting L1, at Los Leones Station as shown in Figure 1. LOS LEONES STATION DESIGN Location and Characteristics Los Leones Station is placed at the North end of the L6, next to the same named station of the L1 and it has four construction units, as is shown in Figure 2: I. Access Shaft (49 m x 47 m). II. Access Gallery (34 m long). III. Station Tunnel (120 m long). IV. Connection Gallery with L1 (104 m long). A singular feature of Los Leones is that the western section of the station tunnel, built from the access gallery, is located below an underground parking lot which is located in Providencia Avenue, as shown in Figure 3. It is important to highlight that the distance between the vault of Los Leones Station Tunnel and the foundations of the underground parking lot is only 6 m."

Jan 1, 2016

By R. L. Loofbourow

Most wet mines face unquantified water costs as well as the obvious wing costs. Both kinds of cost are multiplied by work at greater depth and by higher unit prices. This intensified challenge merits renewed or perhaps altogether new response. Any practicable way to reduce inflow tackles both obvious and unquantified costs. Ten groups of possible ways to do it are cited. Most have been demonstrated. Two are known from work other than mining. Surely new means can be found. Here are opportunities for operators of wet mines!

Jan 1, 1980