Search Documents

By Karl J. C. Harries

"11.1. INTRODUCTIONA royalty is the most common form of interest retained by an owner who is disposing of his property or by a joint venturer who ceases, voluntarily or otherwise, to participate in the joint venture.1 Rarely does a non-participating party have a direct interest in the property and/or assets of a project, except during the period when a non-participating joint venturer may be having his interest diluted.2 In fact, it is most unwise to permit a non-participating party to have such an interest. It may give rise to significant problems that could prevent or substantially delay the development of an orebody and require a considerable amount of time, effort, and money to correct.3In negotiating a royalty, it is important to be aware that there is no law or convention that says, “You just don’t do that in a royalty agreement.” As with any agreement, inventiveness and flexibility on the part of the negotiator are not just assets, but virtual necessities. It is also for this reason that it is essential to read the royalty provisions, particularly the definitions, fully and carefully, especially if you are the recipient. On the other hand, if your inventiveness and flexibility cause your accountant to question the advisability of one of your ideas, pay close attention to him.4 He will, no doubt, have had experience with many royalties, and no competent professional adviser disparages a client’s ideas without good reason. Besides, he will probably be the person who will be determining the royalty or certifying the determination of it. At the very least, he will be auditing your general financial statements, which must, of course, reflect the royalty determination. Heeding his advice not only may make the determination easier but also will probably save you money in professional fees later on. Nevertheless, do not simply accept his comments or recommendations without understanding what they mean, why they have been made with respect to your royalty agreement (sometimes professionals have comments that they make as a matter of course and, even though they may be valid, you should require them to be justified to you), and how they will affect your royalty determination.It is surprising how many corporate payors insist that their standard royalty provisions5 be used as a matter of policy, thereby effectively tying the negotiator’s hands. It is even more surprising, and to professional advisers frightening, how many of the senior employees who insist that such a policy be adhered to, virtually without variation, do not know what is in the standard provisions and would be hard-pressed to explain them to a property owner. If standard provisions are appropriate, by all means use them, but do allow experienced and sensible negotiators some flexibility and make sure that everyone within the corporation who may have to use such provisions – negotiator and supervisor alike – knows what they contain and why they are as they are. For example, there are often good and convincing reasons to describe a deduction in a certain way or to include a certain specific type of deduction. On the other hand, quite often the answer to the question “why?” is that “it has always been there”; this is, or should be, an unacceptable answer. In any event, if you, as the negotiator, appear to know what you are talking about, are familiar and comfortable with your royalty provisions, and are backed up by your boss with the same words or reasoning, a property owner cannot help but be satisfied that you are knowledgeable, even if he still does not agree with your provisions. Finally, if you do use standard provisions, make sure that they are reviewed and updated regularly."

Jan 1, 2003

Jan 1, 1991

By R W. Thomas

"This paper explores the possibilities of generating radical improvements in the drihing costs andproductivity of blastholes through the efforts of integrated teams as opposed to traditionalcustomer/vendor relationships."

Jan 1, 1996

By E R. Ramanaidou

The value of Raman spectroscopy to undertake mineral and chemical characterisation of iron ores was assessed by applying the technique to representative samples of banded iron-formations (BIF) and a BIF-derived, martite-goethite ore. The common iron oxides haematite, magnetite and goethite as well as gangue minerals such as quartz and carbonates all show distinct Raman spectra that enables these phases to be easily detected and mapped in situ for either samples prepared as polished blocks or unprepared material. Raman spectroscopy also offers the potential of in situ chemical characterisation. Shifts in the excitation bands of carbonate detected in BIF were related to the Mg content of Fe-carbonate and confirmed the first world-wide occurrence of a high Mg-bearing siderite (pistomesite) in BIF.The discriminatory power of Raman spectroscopy coupled with the potential of the technique to offer large-scale (volumetric) characterisation of iron ore will be of great value not only to the existing BID and CID ore types, but also to the newly emerging magnetite iron deposits (MID).

Jul 11, 2011

By Kaiwen Xia, Bibhu Mohanty, Per Svedensten, Sheng Huang

"The mechanics of crushing and grinding operations in mining and excavation processes has been investigated in a laboratory simulation study. It employs a multi-particle bedded rock target, which is subjected to multiple impacts. The impact set-up consists of a Hopkinson pressure bar and a Piston-holder system. The apparatus, employing a 38 mm diameter pressure bar, was used to apply varying but calibrated dynamic loading force on the rock particles. The energy consumed by the sample during fragmentation was determined by considering the energy carried by the incident wave and the reflected wave. The Pistonholder system is used to hold rock samples and to recycle fragments after each test for particle size analysis, for single as well as multiple impacts. The feed size selected was in the range of 9.5 to 12.7 mm for all rock samples, and the impact velocity was set at 14 m/s. Two strong granitic rocks and a relatively weak limestone were the target rocks. The resulting particle size distribution after each set of impacts, ranging from single to 10 consecutive impacts, were analyzed, and various size distribution functions (i.e. Rosin- Rammler, Swebrec, Grady and Gilvarry functions) were fitted to compare their suitability in predicting the fragment size distribution for each rock type. INTRODUCTIONCrushers are widely used in the mining industry all over the world. Understanding fragmentation behaviour of rock under crushing process is fundamental to improved productivity and efficiency in mining operations. This is particularly so as all subsequent size reduction processes such as crushing and grinding are far more energy intensive than the initial blasting process employed in breaking of in situ rock. A considerable body of experimental studies exists on the behaviour of rock crushers for specific rock types in order to aid in the design of various types of crushers. However, these studies are mainly site specific, that is, the results are largely empirical, and the fundamentals of fracture process that lead to size reduction have not been dealt with adequately. Most such studies have attempted to link the input parameters, such as feed size and crusher parameters, with output particle size, and global energy expended in the process. However the physical mechanism of crushing process is still not well understood. First of all, the energy consumed by the rock sample is hard to calculate during standard crushing or grinding tests; secondly, multi-particle test is hard to perform in the laboratory due to irregular shape of the subject rock sample. In This paper, describes a laboratory crushing apparatus for multi-particle rock samples, with sufficient control of the energy expended in the process, with a view to relate creation of new fracture surfaces in the size reduction process."

Jan 1, 2015

Discussion of the paper of C. W. Goodale and J. H. Klepinger, presented at the Butte meeting, August, 1913, and printed in Bulletin No. 50, August, 1913, pp. 1935 to 2010. PROF. JOSEPH W. RICHARDS, South Bethlehem, Pa.:-Mr. Chairman, I would like to call attention to one valuable feature of the paper which may interest some: I have worked a good deal with the Pitot tube, and have always had difficulty with what is called the static end of that apparatus, so much so that I became almost hopeless of securing good results with it. I find here, however, what is stated to be a perfectly satisfactory static end for the Pitot tube, satis factory under probably all conditions. I congratulate Mr. Klepinger on the design of that tube and the consequent improvement he has made in the technical measurement of the volumes of gases. I would also like to ask if the total volume coming out of the chimney per day could not be computed by chemical analyses of the SO and SO2 in the gases, and calculation on the basis of the known weight of.. sulphur going out in a day; so that the Pitot tube measurements . could be checked by a method independent of measurements in the flues. J. H. KLEPINGER :-I think the volume of gases could be determined in that way. Those of a chemical turn of mind would go. about it so, but I am not enough of a chemist to follow that method, and consequently I always look at the mechanical way to obtain the results.

Jan 11, 1913

By Bob J. MacDonald

The Cape Breton Development Corporation is a federally owned Crown corporation in Canada that operates two coal mines the Prince and Phalen Colliery in the Province of Nova Scotia. Retreat longwall mining was first introduced to the shallower workings (I 80m) of Prince Colliery in the early 1980's. Phalen Colliery started longwall retreating in 1987 and since that time has extracted twelve panels. In 1993 there had been a total of eight longwalls varying in widths from 140-230m mined in Phalen Colliery that is on the Phalen Seam. Up to this point there were only minor ground control problems on the faces except for one of the earlier longwalls that was mining a split seam. There is some interaction on Phalen workings from remnant structures in the overlying Lingan and No. 26 Collieries which worked the Harbour Seam. Induced abutments loads along pillar edges have been observed and resulted in poor face conditions when mining the Phalen Seam. The ninth panel, 6 East was the first panel to suffer a major roof fall from the First Major Weighting. This was also the first panel to undermine a paleo sandstone river channel named the Lower Sandstone Unit (LSU). For the first time in Phalen's history subsequent longwalls began to experience periodic weighting events. The 6 East panel suffered a number of periodic weightings and on two occasions had to use foam cement to fill the cavities that resulted. On the next east side panel, 7 East, there were numerous periodic weighting events, but interestingly there was no significant First Major Weighting. 7 East was the first 260m wide panel and all others were 230m or less. This longwall was 3,400m long and began producing in December of 1994 and was still cutting coal in May of 1997. There were five significant roof fall events on this panel, three of which required foam cement to fill the cavities. Of these three the interruption to production varied from four days to seven months. There were definite precursors to each of the weightings including: 1) an increase in audible noise (termed bumping) on the face, 2) supports went rapidly into yield, 3) roof convergence increased, 4) water percolated from the face roof strata, and 5) severe spalling of the coal occurred resulting in increased tip to face distance. Longwall face weightings are a result of geomechanical factors and cannot be avoided However, the loss of roof control is a different matter and highly subjective to operational procedures. The causes of weightings, their magnitude and impact on the mining at Phalen have been investigated. The following factors have been identified as relevant to these occurrences. 1. The influence of pillars in the overlying Harbour Seam workings. 2. Location of the LSU relative to the Phalen Seam. 3. Thickness of the LSU. 4. Pressure arch effect from the adjacent gobs. 5. Poor operational practices on the longwall including: a) slow rate of retreat; b) inadequate supply of pump pressure to the hydraulic supports; c) premature yielding of the yield valves; and d) poor face alignment practices. This paper will review the events that took place on the 7 East longwall and show that the Lower Sandstone Unit is the primary cause of the weightings. However, other factors contributed to the loss of roof control and the formation of the roof cavities.

Jan 1, 1997

By Ron Tluczek

[Power Point Presentation]

Jan 1, 2006

By Robert T. DeGavre

INTRODUCTION The $645 million financing for Inco Ltd's Soroako nickel project in Indonesia not only represents a significant human achievement but also there are certain important lessons that can be derived from Inco's experience in financing the project. The paper will not present a technical assessment of the project since Inco Ltd. submitted a series of papers on this subject at the international Laterite Symposium as part of the 108th Annual Meeting of the AIME in February 1979. BRIEF HISTORY OF THE SOROAKO PROJECT Table 1 summarizes the milestones achieved in the Soroako project and its financing. Exploration Phase A contract of Work was signed on July 27, 1968 by the Republic of Indonesia and F.T. International Nickel Indonesia (P.T. Inco) covering an extensive area of over 25,000 square miles on the two southeastern arms of the island of Sulawesi. The Contract provides that P.T. Inco has the sole responsibility for financing the project and determining the terms on which the financing should be obtained, that P.T. Inco has the right to receive and hold outside of Indonesia foreign exchange revenues and to freely dispose of such revenues, and that Indonesians have the right to purchase up to 20% of the equity of P.T. Inco over a period following start of production. P.T. Inco began field investigations in the Contract Area in August 1968. Preliminary reconnaissance sampling with portable drills broadly outlined areas of favorable laterite terrain which were then systematically sampled on surveyed grids. By early 1971 sufficient exploration work had been completed to indicate that the laterite deposits near Soroako could sustain a major nickel-producing plant (figure 1). Pilot plant studies in 1970 and 1971 at Inco's research station in Port Colborne, Ontario, using two bulk samples of Soroako ore material, also confirmed that the ore could be upgraded and treated for the recovery of its metal values. Feasibility Phase Encouraged by the results of its exploration program and pilot-plant work, Inco Ltd. commissioned Toyo Engineering Company of Japan in August 1971 to prepare a capital cost estimate for a relatively small nickel project called "Stage I". Stage I was to be a single-line pyrometallurqical process plant with an annual capacity of approximately 15,000 metric tons of nickel contained in 75% nickel sulphide matte (see Figure 2). Electric power was to be supplied by a thermal power station. It is important to recognize that Inco's strategy was to develop the Soroako ore deposits in several stages: first, construct a small project to gain experience and to reduce the initial capital outlay and then later expand in one or more steps to a much larger project to achieve maximum economies. The strategy reflected both Inco's financial position in 1971 as its sales and earning dropped sharply and the difficulties previously experienced by Inco in trying to launch in the late 1960's very large "greenfield" nickel projects in New Caledonia and Guatemala. Toyo's Project Development Study was completed. in January 1972. Based upon Toyo's cost estimate for physical facilities, Inco estimated the total capital cost of Stage I to be $115 million. For the next several months, Inco ran numerous in-house financial feasibility studies, using as inputs Toyo's cost estimate and the results of its exploration and pilot plant programs. In September 1972, Inco completed a project feasibility study which was based upon a capital cost estimate of $135 million. The feasibility study was immediately made available to potential partners and lenders. Partner Negotiations The Japanese nickel market had from the outset been central to Inco's planning for the Soroako project. That market had been growing dramatically at rates in excess of 20% per annum during the 1950's and 1960's. Japan had established, for rational security and other reasons, a domestic

Jan 1, 1985

By N. L. Wimmler

"INRODUCTIONSedimentary deposits of titaniferrous magnetite occur at various localities in the eastern foothills of the Teton Ranse in Deer Lodge County, Mont. The Choteau deposit was examined by a Bureau of Mines engineer in August 1942. An exploration project was recommended.Core drilling exploration was begun in June 1945; it was concluded in August 1945, Seventy-six holes were drilled. This report presents the data obtained by the Bureau of Mines exploration.ACKNOWLEDGMENTIn its program of exploration of mineral, deposits, the Bureau of Mines has as its primary objective, the more effective utilization of our mineral resources to the end that they make the greatest possible contri¬bution to national security and economy. It is the policy of the Bureau to publish the facts developed by each exploratory project as soon as practicable after its conclusion. The Mining Branch, Lowell B. Moon, Chief, conducts preliminary examination, performs the actual exploratory work, and prepares the final, report. The. Metallurgical Branch, R. G. Knickerbocker, Chief, analyzes samples and performs beneficiation tests. Both of these branches are under the supervision of Dr. R. S. Dean, Assistant-Director. The field work was supervised by Earshel W. Newman, engineer in charge of the Helena Field Office. D. B. Hoiekvam was the project engineer; he provided most of the data used in the preparation of this report."

Dec 1, 1946

Since the comprehensive review of the Persian fields presented by Sir John Cadman last year, operations have proceeded normally. No developments of especial importance fall to be recorded and it remains only to bring up to date the full information given at the beginning of 1933. Controlled production from the Masjid-i-Sulaiman and Haft Kel fields has been maintained at slightly higher rates than during 1932. The figures for the past five years are as follows: These represent crude oil and products piped to the coast but exclude products reinjected into the reservoir, a process that has been in continuous operation at Masjid-i-Sulaiman during the period under review. The systematic delimitation of the Haft Kel field has been continued during the past year and results have been sufficiently encouraging to justify the inception of a wider scheme for distribution of production. Drilling has been resumed recently in the Persian sector of the Naft Khaneh field, and preliminary survey work is in progress for the selection of a site for a refinery at Kermanshah arid the construction of a connecting pipe line. Investigations in connection with the scientific control of reservoir were dealt with in considerable detail in last year's review. This work has been steadily pursued during 1933 and certain of the investigations have been the subject of papers presented to the World Petroleum Congress held in London in July of last year.

Jan 1, 1934

By Alexandre Gonçalves Andrade

A Samarco Mineração utiliza combustível sólido para geração de energia térmica nas pelotas de minério de ferro. Este insumo torna possível a redução da utilização de gás natural na etapa de queima nos fornos de endurecimentos e ainda melhora a qualidade física das pelotas. O tamanho das partículas é chave para eficiência do processo e a cominuição destes combustíveis é realizada nas plantas de moagem da empresa, tanto para o antracito quanto para o coque verde de petróleo. Tradicionalmente, um dos principais itens de controle de moabilidade do insumo é o HGI (Hardgrove Grindability Index), que avalia a dureza do combustível sólido no processo de moagem. Porém, este parâmetro não reflete as dificuldades produtivas encontradas nas plantas de moagem da Samarco Mineração. Portanto, foi desenvolvida metodologia através de uma modificação da equação proposta por Bond para avaliação energética de moagem. A lei de Bond tem origem empírica e considera que a energia consumida na cominuição é proporcional ao comprimento das fissuras iniciais que se desencadeiam na quebra das partículas. A metodologia proposta, no presente trabalho, avalia com maior representatividade as dificuldades encontradas na cominuição destes insumos. Ainda, testes em planta piloto de moagem de combustíveis sólidos foram realizados para validação da abordagem.

Aug 1, 2018

By G. B. Kasik, George Sachs, George Espey

IT has been reported frequently that the hardness and strength vary over the cross section of cold-worked, particularly cold-drawn, material. Brass rod and wire usually has been found to possess a maximum strength and hardness near the surface.1,2 According to Sachs,1 the center fiber has about the same strength as a wire stretched by the same amount in a tensile-test machine, the strength increasing toward the surface (Fig. I). These differences are particularly large for wire given a small reduction on drawing through a die with a wide opening. However, with increasing reduction and hardness, a tendency to form a thin soft surface skin becomes apparent. On the contrary, copper wire has usually been found to possess a soft surface skin" and it has been reported by Harris3 that during the cold-drawing of hot-rolled wire the surface layer becomes increasingly softer than the core, while the layer of maximum strength moves toward the core, it being found near the surface at first. The increase of strength and hardness from the core to the skin is readily explained by the observation that, in addition to the stretching, the layers of a rod or wire are sheared more the closer they are to the surface.1,6-8 However, the presence of a soft surface layer can be attributed only to an annealing effect. The source of such a softening might be the extremely high temperature that originates from the friction between [ ]

Jan 1, 1941

By A. C. Fieldner

The Sectional Committee on Classification of Coals, functioning under the sponsorship of the American Society for Testing Materials and the rules of the American Standards Association, in its 1934 report recommended to the American Society for Testing-Materials5 that Specifications for Classification of Coals by Rank be adopted as tentative. These specifications, slightly modified as recommended by the Sectional Committee, in its 1935 report,6 wore approved as tentative standards by the society in 1935. The specifications rover the classification of coals according to their degree of metamorphism, or progressive alteration, in the natural eerie s from lignite to anthracite. The basic scheme of classification is according to fired carbon and calorific value (expressed in B.t.u.) calculated to the mineral-matter-free basis. The higher-rank coals are classified according to fixed carbon on the dry basis, and the lower-ran]: coals according; to B.t.u. on the moist basis, that is, containing its natural bed moisture but free of visible surface moisture. Agglutinating and weathering indices arc used to differentiate between certain adjacent groups.

Jan 1, 1935

By F. E. Pawlek

Copper concentrates can be comminuted in an attritor within a very short time to a particle size of 1 - 0.1 um. Addition of sodium hydroxide enhances commninution. The concentrates, suspended only in water, can be completely dissolved under oxygen over pressure and temperatures ranging from 120 - 180°C (248 - 356°F), because the surface area of the concentrate has been significantly increased by the ultra fine grinding. Addi¬tion of a small amount of silver ions to leach liquor containing sulfuric acid acted as a catalyst for the dissolution of chalcopyrite, because of the formation of local elements on the surface. The addition of C1- ions was also catalytically very effective. With this method it is possible to completely dissolve the copper contained in chalcopyrite concentrates after ultra fine grinding within 30 min at 110°C (230°F) under an oxygen partial pressure of 1 atm (14 psig). Several flowsheets demonstrate the industrial feasibility.

Jan 1, 1976

By Lyman File

This paper discusses the overall challenges to construct a two-lane highway tunnel located in southwestern Colorado on U.S. Highway 160 for the Colorado Department of Transportation by the Kiewit Western Company. The purpose of this project is to provide the excavation and temporary support for a highway tunnel 280 m (916 feet) long. The tunnel cross section is 14.3 m (47 feet) wide by 8.5 m (28 feet) high, 105 m2 (1,130 SF).Construction methods include conventional drill and blast excavation with rockbolt and shotcrete ground support. This unique tunnel is being constructed under alpine tunnelling conditions and in the immediate vicinity of active highway traffic.

Jan 1, 2003

By Maidl B

A tunnel operations analyser is a new high technol- ogy instrument for use in underground work. By remotely sensing the acoustic emissions from operating machines and processes in a tunnel or shaft and by applying sophis- ticated computer processing to them individual process cycles and other detailed information about the operating processes can be collected. Detailed analyses and dissec- tions of the work in progress can be made and a variety of action oriented management reports produced. The pro- cess is fully automatic. Results of applying this device to two full scale tunnel projects are presented. The hardware and software that comprise the instrument are discussed in detail. Processes by which this device can be used to sub- stantially reduce tunnel costs are presented. It is concluded that this type of technology has great potential.

Jan 1, 1987

By Paulo Sergio Olivio Filho

A aspersão térmica é utilizada para produzir revestimento quando há necessidade de aumentar a vida útil de sistemas e peças, podendo ser também utilizada na recuperação delas, em alguns casos. Com o intuito de compreender melhor o processo de aspersão térmica por chama a pó, o objetivo deste trabalho é analisar os fatores influentes no aumento de espessura depositada pelo processo, utilizando o delineamento de experimento de Taguchi para avaliar os fatores e níveis dos fatores que geram as melhores condições de aplicação para o revestimento. Para isto, foram escolhidos três fatores de controle com três níveis cada um, dos quais foi possível seu controle em laboratório. A deposição foi realizada em chapas de aço SAE1020, e revestida com pó de alumínio não atomizado. A seção transversal dos revestimentos foi analisada por microscópio ótico. Os resultados dos experimentos foram analisados através de estatística descritiva, gráfica e análise pelo delineamento de Taguchi, baseada na análise de Sinal/Ruído. Sendo evidente que os fatores do processo são estatisticamente significativos: número de passes, fluxo de nitrogênio e a taxa de alimentação de pó. Esta análise se mostrou eficaz, gerando os resultados esperados para otimização dos parâmetros do processo.

Aug 8, 2018

By Hugo Medina M.

La cuenca de Casma, Chimbote es una de las tres unidades que conforman el EUGEOSINCLINAL de la zona tectónica Chiclayo- Pisco, cuya estratigrafía se divide en Grupo Chimbote, Casma y Volcánico Calipuy, cuyas nuevas formaciones y unidades menores se designan con nombres de la localidad. En este sentido, el texto describe las unidades del umbral de Cuenca, como las rocas instrusivas del "Batolito de la Costa" de amplia distribución. Así también la cuenca posee yacimientos metálicos y no métalicos, siendo de importancia los primeros para el desarrollo siderúrgico. Entre estos tenemos las calizas dolomíticas, carbón, antracita, etc.

Oct 14, 1980

By Franciéli Mantovani

Apesar da primeira preocupação com relação à gestão de resíduos ser a busca pela minimização da geração dos mesmos, há muitos casos de processos produtivos que geram resíduos inevitáveis. A investigação e o desenvolvimento de processos tecnológicos capazes de transformar os resíduos no sentido de reutilizá-los são plenamente justificados e passaram a ser uma realidade. Dentro deste panorama, a reciclagem de resíduos potencialmente perigosos, como o pó de aciaria elétrica - PAE, é uma importante questão ambiental. A indústria de pigmentação, na busca de matérias primas alternativas e de menor custo, vem apresentando potencial para absorver resíduos que contenham elevados teores de ferro sob a forma de óxidos. Neste sentido, esta pesquisa objetivou avaliar a viabilidade do uso de PAE para pigmentação da fração argamassa do concreto. Para tanto, foram moldados três traços diferentes, com teores de adição de PAE e de pigmento comercial de 0% e 5%, mantendo-se uma relação água/aglomerante de 0,4. Para cada traço moldaram-se corpos de prova destinados aos ensaios de resistência à compressão e de medições colorimétricas. A partir dos resultados obtidos, verificou-se que o PAE apresenta potencial para pigmentação de argamassas. Entretanto, verificou-se retardo na pega do material, o que pode vir a prejudicar a desforma.

Jul 30, 2018