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By Peter A. Eshun

This paper studies two methods that account for risks associated with gold mining projects such as mineral risks and country risks. The first method is sensitivity analysis, which investigates the effects of a change in any economic parameter such as operating cost, capital investment, gold price or taxes on the viability of the project. The second method is Monte Carlo Simulation technique, which takes into consideration the simultaneous random variation of the economic parameters on the project's viability. An automated simulation cash flow model has been developed as part of this paper. Sensitivity analysis and the simulation model have been used to investigate the economic viability of the Dokrupe Gold Project (DGP) serving as a test case. It is concluded that, the Monte Carlo Simulation technique gives a more realistic judgement of the economic viability of gold mining projects.

May 1, 2004

By Choi Sang-Ken, Chung Hun-Saeng, Kim Byoung-Gon, Lee Jae-Jang, Park Chong-Lyuck

"Graphite has unique properties such as high thermal resistance, low thermal expansion coefficient, and good thermal and electrical conductivity, and is often utilized as coating materials for electrical conductors, TV Brown tubes, electromagnetic shields, and so on. Additionally, its excellent lubrication property is widely used in oil and solid lubricants. Finely ground graphite particles in the sub-micron range are commonly used for these applications.Sub-micron fine graphite particles are typically prepared in liquids by vibration ball mills. However, it is known that the wet process takes long periods of grinding time like 24 hours or more and requires a series of subsequent highenergy operations such as de-watering, drying, regrinding and classification. On the other hand, there would be numerous advantages if fine grinding could be done effectively in dry atmosphere. However, since crystalline graphite has a layered structure giving a high lubrication property, its dry grinding, especially when obtaining sub-micron size particles, is extremely difficult. The shape of the graphite particles is also important for its utilization since particles with flaky shape can maintain relatively high electrical and thermal conductance as well as lubrication ability. Therefore, it would be necessary to reduce the size of graphite particles into fines with flaky shape while grinding proceeds. Dry grinding characteristics of natural graphite under various atmospheric conditions with gases using different mills were studied, and fine flaky particles by grinding the graphite intercalation compounds and the exfoliated graphite were produced. However, there were no sufficient investigations on the size reduction of natural graphite at low atmospheric pressures in attritional milling conditions. The main purpose of this paper is to provide sub-micron fine grinding characteristics of natural crystalline graphite at various degrees of low atmospheric pressure, and to discuss the size reducing models in an attrition mill"

Jan 1, 2003

By C. Musingwini, A. S. Nhleko

"Since the Global Financial Crisis (GFC) in mid-2008, capital has been more difficult to access. Mining projects must contend with projects from other industries for scarce capital. A decision to invest available capital in mineral projects requires that valuation be conducted to assess the expected return on the projects. The discounted cash flow (DCF) analysis is generally applied for the valuation of mining projects, whereby future cash flows are discounted to present value using an appropriate discount rate. The discount rate significantly affects the outcome of a valuation. Economic and finance theory provides tools to calculate discount rates. The discount rate must account for factors such as the risk and stage of development of the mineral project; hence the appropriate discount rate to utilize in a project is often a subject of debate.The discount rate is the weighted sum of the cost of debt and equity. There are several methods for determining the cost of equity. This study considers the commonly applied Capital Asset Pricing Model (CAPM) and Gordon’s Wealth Growth Model because of their simplicity and availability of parameters required to estimate the cost of equity. This study explores how differences in the cost of equity obtained by these two methods can be explained for a mining environment. Data for empirical analysis were collected from the I-Net Bridge, McGregor BFA, and Bloomberg databases. It was found that Gordon’s Wealth Growth Model provides better estimates of the cost of equity compared to the CAPM under depressed market conditions. Therefore, this research recommends that Gordon’s Wealth Growth Model be used to estimate the discount rates for mining projects during periods of depressed market conditions."

Jan 1, 2016

Overview ?Oil Sands Background ?Water Use in Surface Mining ?Tailings Disposal ?Water Balance for Surface Mining ?Implications of Emerging Regulations ?Water Management Framework ?Tailings Performance Criteria (Directive 074)

May 1, 2009

By Ray. K. Filip

The concept of installing a steel sheet pile retaining wall into the ground by "pressing" has resulted in the development of various equipment solutions over the last thirty years e.g. Taylor Woodrow ?Pile Master', Giken 'Silent Piler" & Tosa 'Still Worker?. Dawson Construction Plant Ltd (DCP), have recently advanced the pile pressing concept with the introduction of their 'Push-Pull' system. This advancement offers significant improvements in the quality of installation compared with traditional pressing solutions but also greater versatility, higher productivity and, most importantly, generates new opportunities through a wider range of applications for "silent piling'. This paper will focus primarily on the use of the Push-Pull concept in the construction of a unique "integral" bridge in Milton Keynes, England. Finally, the paper touches on the development of quiet, vibration-less pile extraction equipment, which allows steel to be considered the foundation material of choice for truly sustainable construction. It is no longer acceptable to leave unwanted piles in the ground.

Jan 1, 2006

By S. R. Borrowman

This investigation by the Bureau of Mines was undertaken to develop information on the extractive metallurgy of thorite ores because potential ore bodies of this mineral have been found recently in Colorado, Idaho, and Montana. Basic information on thorite ore treatment that would be useful in appraising the potential of these and other domestic thorium resources was developed. The work was done mainly on thorite ore containing 3.87 percent ThO2 from the Powderhorn district, Colo., and on a composite sample containing 0.52 percent ThO2 from the Wet Mountains district, Colo. Limited tests of d corroborative nature subsequently were made on a sample containing 2.30 percent ThO2 from the Lemhi Pass area on the Idaho-Montana border.

Jan 1, 1962

By M. M. Gadde

Recent regulatory changes in the United States make it mandatory to conduct structural analysis of coal mine seals used to isolate abandoned workings from active mining areas. Different loading criteria are available for seal design depending on whether gob composition is actively monitored and maintained or not and whether the gob conditions lead to deflagration or detonation type loading. Since the loads involved in seal designs are dynamic in nature, the structural analysis must be made using dynamic stress analysis techniques. However, because of the significant complexities involved in conducting dynamic analyses, some designers use approximate simplified techniques to address the design problem. In this paper two such simplified methods are critically evaluated for their suitability to design coal mine seals. The benefits and limitations of the simplified methods are also outlined. Some comparisons are made to show the differences between sophisticated three dimensional dynamic analyses and the simplified methods and to delineate the problems associated with the latter approaches.

Jan 1, 2009

By William A. Beck

The Construction Aggregates Corp. operates a plant for processing sand and gravel from two deposits in Ottawa County, Mich. The bulk of the sand is obtained from a sand dune on the shore of Lake Michigan, and the gravel is dug from a glacial-drift deposit farther inland. Mining is done with draglines, and the material, both at the digging site and in the plant, is moved mainly by systems of conveyors. The Ferrysburg plant serves customers along the Great Lakes, which is unusual for a business normally local in character. Annual production exceeds 1-1/2 million tons of sand and gravel as concrete aggregate and 200,000 tons of core sand for foundry use.

Jan 1, 1962

By R. Ward Stahl

Fire is still a scourge of the mining industry, although many precautionary measures have been and are being taken to reduce the incidence of fires and to combat them. Generally, the success of fire extinguishment is directly proportional to the speed of attack, and the speed of attack in turn is dependent upon the availability of materials and trained personnel. Preparations for firefighting are frequently neglected because they are considered emergency needs and do not contribute directly to coal production. Fire incites panic--a fact often overlooked--but such chaos can be minimized by training people in the use of equipment and procedures. Heat, smoke, and fumes hamper the approach to a fire; however, a relatively new technique of attacking fires with high-expansion foam may well contribute greatly to firefighting. The foam is transported to a fire and used at a considerable distance, thus permitting the firefighters to work more safely.

Jan 1, 1962

By K. E. Wood, K. J. DiRocco, L. A. Becker

The Russia Wharf segment of the Silver Line Phase II Project for the MBTA incorporated ground freezing and underpinning during New Austrian Tunneling Method(NATM) tunneling through timber pile foundations, urban fill, and abandoned wharf structures beneath two historic 7-story buildings with steel frames and masonry facades. During construction, the project team implemented an extensive program to monitor, evaluate, and mitigate the ground and building movements caused by the various construction activities. Mitigation included freeze cycling and building raising/lowering to compensate for ground movements and safely maintain the serviceability and occupancy of the buildings. In this paper, we present the history of the freeze, tunnel construction, and thaw-related movements that occurred and the building response that we observed.

Jan 1, 2005

By Sarah Holtz Wilson, Kenneth Rossi, Carl R. Handford, David F. Tsztoo

The East Bay Municipal Utility District’s Claremont Tunnel is an 18,000-foot long water tunnel that crosses the Hayward Fault zone near Oakland, California. It was originally completed in 1929. This project involved the construction of a bypass tunnel through the fault zone, including an enlarged vault section designed to accommodate up to 8.5 feet of horizontal offset. Ground conditions encountered included sheared and crushed serpentinite and clayey fault gouge, and presented specific challenges for construction. A special excavation and support sequence used concrete-backfilled side drifts as foundations for the vault steel sets. It also allowed for a 20-foot-wide top heading and bench excavation in soft and squeezing ground conditions.

Jan 1, 2007

By P. W. Godbehere, B. W. Brooks

"This paper deals with the milling of slags from the Noranda Continuous Process, in the Horne Concentrator at Noranda, Quebec. The milling of copper slags, although novel in Canada, has been practiced in Japan, Finland and elsewhere for several years.In March 1973, the prototype Noranda Continuous Process furnace or ""reactor'' came on-stream, In this pyrometallurgical process (see Fig. 1), copper concentrates mixed with flux are smelted in a single furnace to form copper or a high grade copper matte, and slag. The conventional smelting processes of roasting, reverberatory smelting and converting have been incorporated in a single 17 ft. diameter by 70 ft. long steel cylindrical vessel (l, 2). The copper or matte is tapped from the bottom of the reactor into ladles and transferred to an anode furnace or to a converter. The slag is tapped into 40 ton capacity ladles, cooled, crushed, and conveyed to the concentrator. At the present time, the reactor is operated to produce matte. The matte slag* containing 4 - 6 per cent copper is milled using conventional ore dressing grinding and flotation equipment. A flotation concentrate assaying 35 - 40 per cent copper is recycled to the reactor. Crushing, conveying, grinding, flotation and tailing disposal equipment previously used for over 40 years for ore treatment has been modified to suit the requirements of slag milling. Slag milling is essentially the scavenger circuit of a pyrometallurgical process."

Jan 1, 1977

To maximise recovery by highwall mining, pillars must be designed which are long, slender and of relatively low width-to-height ratios. The strength of pillars with width/height less than 2 depends primarily on the mechanical response of the coal, due to the reduced influence of frictional restraint between roof and floor. A suitable pillar design approach therefore requires a method of estimating coal-seam properties. Experimental studies were carried out to determine ways of reliably predicting the large-scale mechanical properties of coal seams from small-scale test data. The studies led to a method of practical, systematic assessment of coal-seam properties based on measurement of coal rank and seam brightness profiles. The criterion employs the parameters sigma(c), m and s of the generalised Hoek-Brown empirical strength criterion for rock masses. A novel design approach combines the flexibility of modern numerical modelling programs with simple hand calculation for rapid assessment

Jun 21, 1905

By D Beahm

Introduction The Energy Metals Corporation (EMC) holds numerous mineral properties in the northern portion of the Great Divide Basin including the JAB Property, one of several potential properties being planned for development as a satellite facility to the greater Antelope Uranium Project. A National Instrument 43-101 Technical Report has been completed for the JAB property. This report estimates total measured and indicated mineral resources on the property totaling 3,555,022 pounds U3O8 contained in 2,400,875 tons at an average grade of 0.073 % U3O8 at a .25 GT cutoff in accordance with CIM Standards on Mineral Resources and Reserves. The JAB Property is located in Sections 13, 14, 15, 16, 21, 22, and 23, Township 26 North, Range 94 West, approximately Latitude 42o 14’ North and Longitude 108o 00’ West (Figure 1, Location Map). This property consists of unpatented mining lode claims and Wyoming State mineral leases comprising approximately 2,100 acres.

Jan 1, 2007

By Laurance L. Oden

The Bureau of Mines is developing melting data for binary combinations of the alkaline earth fluorides and yttria to facilitate the formulation of slag compositions. The present report deals with the CaF2-Y203 system for which solidus and liquidus temperatures and solid solubilities were determined. The information is presented as the phase diagram. All specimen compositions were blended from high-purity materials and encapsulated in Mo or Pt20Rh prior toheat treatment. Liquidus temperatures were determined by ceramographic examination of heat-treated and quenched specimens. Solidus temperatures were determined by differential thermal analysis and by electron microprobe analysis of quenched specimens. Terminal solid solubilities were derived by parametric methods. The peritectic system was found to be pseudobinary due to the formation of yttrium oxyfluoride at temperatures near the liquidus. The peritectic point occurs at 7 mole pct Y203 and 1,438° ± 5°C. The terminal solid solubility of Y203 in CaF2 decreases from 7 mole pct at 1,438° C to 1 mole pct at 1,100° C, and the solubility of CaF2 in Y203 decreases from 9.5 to 7 mole pct over the same temperature interval.

Jan 1, 1970

By R. A. Franks, G. F. Friel, J. C. Edwards, L. Yuan

Two mine-fire experiments were conducted in the National Institute for Occupational Safety and Health's (NIOSH) Safety Research Coal Mine (SRCM) at the Pittsburgh Research Laboratory (PRL) which demonstrated that smoke from diesel-fuel fires of 500 kW and 660 kW heat-release rates in a return airway can develop, without causing a complete air flow reversal, into a roof layer that can migrate upwind forming a counter flow to the primary airflow in a crosscut. Subsequently, smoke can penetrate into an intake airway and create a hazardous atmosphere in the intake airway upwind from the fire. Visibility conditions less than 13 m were created by the smoke in the intake airway downwind from the crosscut. Modeling of the event with a three-dimensional, time-dependent, computational fluid dynamics (CFD) program correctly represented the smoke movement.

By G. H. Babcock, D. A. Knight, V. G. Medina

"Production commenced at the Golden Sunlight Mine in 1983 and at Kidston Gold Mine in 1985. These projects were both constructed under the management of the Placer Dome Inc. (Technical Services) group of Vancouver, B.C.Golden Sunlight uses a conventional rod mill/ball mill grinding circuit while Kidston uses a SAG /ball mill, and later on, SABC circuit. Since the hardness of the ore and the fineness of the primary grind in both mines are about the same, a meaningful cost comparison can be made. The comparison is made on the basis of capital and operating costs.The result of this study indicates that a significant capital cost savings can be achieved in favour of the SAG /ball mill circuit when the ore is amenable to semi-autogenous grinding. With a good maintenance program, the operating cost for the SAG /ball mill circuit could also be lower that the conventional rod mill/ball mill circuit.HISTORYGolden Sunlight MineGolden Sunlight is a 5 530 t/d gold mine located near Whitehall, a small town 60 km east of Butte, Montana. Originally optioned by PDI U.S. in 1958, the development of the property waited until 1981 when economic conditions became favorable for the project to proceed.Semiautogenous grinding tests were conducted during the final stages of the feasibility study. The hard near surface ore was not quite amenable to semi-autogenous grinding. The best result produced from a series of tests using a 1.83 m diameter mill was a semiautogenous work index of 39. This is substantially higher than the 22 Bond work index of the sample used in the testwork. A conventional SAG/ball mill circuit for this ore will be extremely inefficient, and for this reason, this circuit was rejected in favour of a conventional rod mill/ball mill circuit."

Jan 1, 1991

By J. C. Poulos

The West Elk Mine is located near Somerset, Colorado approximately 70 miles southeast of Grand Junction, Colorado and 72 miles southwest of Glenwood Springs, Colorado on state highway 133 (Figure 1). The West Elk Mine was opened January 20, 1982 as the Mount Gunnison #1 Mine operated by the West Elk Coal Company, a division of ARCO Coal. In the early 1990?s ARCO changed the mine name to West Elk Mine and the operating company was renamed Mountain Coal Company. Arch Coal, Inc. purchased the West Elk Mine in 1998. West Elk Mine has produced coal from three different seams. Coal was first mined from the F Seam, the upper most seam in the stratigraphic sequence, from 1982 through 1991. Coal was produced from the B Seam, the lower most seam, starting with continuous miners in 1991 and transitioning to longwall mining in 1992and continued on through October 2008. The development of the E Seam, which is the middle seam in the stratigraphic column, started in 2004 with longwall production commencing in 2008. The ventilation conversion from exhausting to forcing for the E Seam portion of the West Elk Mine was implemented in late October 2009.

Feb 27, 2013

By Y. Duraisamy

This paper presents the compressibility of tropical peat reinforced with cylindrical cement column. When a cement column installed vertically in peat, its compressibility was reduced because of the hardened skeleton matrix formed by cement particles bonding with adjacent soil particles in the presence of pore water. The effects of diameter, number of columns and cement proportions in cement columns on the compressibility have been investigated in this study. The results indicated that compressibility index Cc and Ca decreased with the increase in diameter of the cement column. Specimens with 45 mm and 60 mm diameter of cement column were cured for 28 days, after which they were subjected to Rowe Cell Consolidation test. Based on the results obtained, it shows that cement columns can successfully reduce the compressibility of tropical peat.

Jan 1, 2007

By H. Walqui

This paper describes operating gains resulting from standardizing operating and maintenance practices to improve the performance of the pebble crushing circuit at he Empire Concentrator. Past efforts have led to improved operating time but no additional throughput gains. New Operating standards and checklists were developed and introduced. The content and frequency of the review process indicators was then changed to take advantage of the new practices resulting in an increased feed rate and availability through the pebble crushing circuit.

Feb 27, 2013