Search Documents

By J. A. Botín

Identifying, quantifying and minimizing technical risks associated to investment decisions is a key challenge for the minerals industry decision takers and investors. However, risk analysis in most bankable mine feasibility studies are based on stochastic modelling of project NPV which, in most cases, fail to provide decision makers with a truly comprehensive analysis of risks associated to technical and management uncertainty and, as the result, are of little use for risk management and project optimization. This paper presents a value-chain risk management approach where project risk is evaluated for each step of the project lifecycle, from exploration to mine closure, and risk management is performed as part of a stepwise value added optimization process.

Jan 1, 2011

By T Niitti, J Turunen, P B, A Rinne

In todayÆs marketplace, with high metals prices, many operations are faced with the challenge of improving recovery in the particle size ranges which are normally difficult to recover. This presentation focuses on the various methods used to alter the flow dynamics in a mechanical flotation cell, thereby improving metallurgical results. Modern computational fluid dynamics (CFD) tools have been used in the design phase, with subsequent validation at the plant. Some of the validated variables include mixing profile, power draw and local air hold-up. This presentation underlines how modern CFD analysis can be used to screen and select different approaches before commencing costly trial-and-error experiments at plant scale. Two methods of affecting flow dynamics are discussed û firstly, by altering the geometry of the rotor-stator area and, secondly, by fitting additional features in the tank. The rotor-stator area can be modified to provide more concentrated turbulent kinetic energy or, respectively, to provide more pumping efficiency with less attrition. The tank can be fitted with various additional features, aimed to create different particle suspension profiles. The benefit of both methods is that they can be applied not only to newly installed flotation technology, but also to existing plant cells, thus enabling potential improvement in the mixing profiles, solids suspension, tank sanding and metallurgical performance. Results of several sitesÆ tests are discussed in terms of flow variables measurement as well as metallurgy. This paper demonstrates the effects of different flow dynamics on the mixing profiles and metallurgical results of existing mechanical flotation cells.

Jan 1, 2006

By F. H. Seymour

Central to Newmont Gold's Mine planning system is the ability to interactively perform cut and fill operations on topographic contours and to accurately evaluate grades and tonnages within contour outlines using polygon set manipulation routines. This paper develops the applied geometry concepts that underlie these routines. Included are representation of volumes with contours, point in polygon test, block proportion in polygon calculation, polygon area and centroid calculation, and intersection, union, and complement between polygon sets.

Jan 1, 1990

By Edmund S. Leaver

[In previous reports5/ of ore-testing studies standard methods of conducting; test with precious-metal ores selected as representative of certain mining districts were discussed in considerable detail. In addition to standard tent procedures such as direct cyanidation, amalgamation, gravity concentration, and flotation, or a combination of these methods, it is sometimes necessary to apply other methods, such as preliminary roasting and washing of the calcine with plain or acidulated water before cyanidation. In all of this work standard tenting procedure has been supplements by he necessary assaying and analyses of original ore and test products.]

Jan 1, 1941

By J. A. McCamley

Gypsum scrap generated from wallboard manufacturing, construction and deconstruction activities in North America, Europe and Japan is a recognized environmental problem. Landfill disposal of this gypsum scrap is problematic, with deposits often creating hydrogen sulphide emissions and metallic sulphide groundwater leachates. Of these regions, Europe is the most advanced in dealing with the issue having enacted legislation, which will come into effect in July 2005 that will strongly encourage gypsum recycling throughout the EU. An estimated 10% to 17% of all gypsum used in the wallboard industry becomes recyclable scrap, which represents approximately 1% of the total waste stream in North America. In the United States, 2.5 to 4.5 Mt of gypsum scrap is generated each year; the volume is similar in Europe (the percentage of total tonnage is less because of the higher use of brick and concrete). The Greater Vancouver region of British Columbia has banned gypsum from its landfills, and as a result, all gypsum scrap is now recycled. New West Gypsum Recycling, a Canadian firm, uses its proprietary technology to process large quantities of gypsum scrap that is reincorporated into new wallboard, at percentages ranging up to 25%. The operation of New West Gypsum Recycling Inc. of Langley, Vancouver is examined as a case study and recommendations are provided as to how other urban regions can implement similar gypsum scrap recycling programs.

Jan 1, 2004

By T. S. Lundy, J. I. Federer

Chemically purified Zr95and Cb95 have been used in determining self-diffusion coefficients in the bcc phase of iodide zirconium over the temperature range of 900o to 1750°C. The temperature dependence of the diffusion coefficients could not be described by the usual Arrhenius-type equation over the entire temperature range. Values of the apparent frequency factors (D0)a and activation energies (Q)A for ZR95 varied from 4.8 x 10-6 to 2.5 x 10-2 sq cm per sec and 20,700 to 46,900 cal per mole, respectively, between 900°and 1750°C. Similarly, for Cb95, values of (Do) a and (Q)A varied from about 2.4 x 10'5 to 0.25 sq cm per sec and 26,500 to 56,800 cal per mole, respectively. The data may be described in terms of the a to ß transition temperature of 1136 °K and the absolute temperature of the diffusion anneals by the following eauations: SEVERAL studies on the diffusion of Zr95 in zirconium have been reported.1"5 The values of the constants contained in the usual Arrhenius-type equation for describing the temperature dependence of the diffusion coefficient, D = Do exp [- Q/(RT)], are summarized in Table I. The reported values of Do, the frequency factor, and Q, the activation energy, are seen to vary by factors of about 60 and 1.6, respectively. Examination of the data from any one study indicated reasonable consistency of measurements. The large discrepancies of over-all results, therefore, cannot be explained on the basis of experimental scatter. One possible explanation for the differences in results could be a varying impurity content of the zirconium. Another possibility is that the radioactive daughter, Cb95, influenced the values of some of the determined diffusion coefficients. Therefore, the first of the three purposes of this study was to reconcile the large differences in diffusion results that have been obtained. Several empirical relations have been proposed to relate the diffusion coefficients in solids with physical properties, such as the absolute melting point, the heat of fusion, and the heat of sublimation.

Jan 1, 1963

By Hiram B. Woon

Uranium ore deposits in the Lisbon Valley area are in an arcuate belt, 15 miles long by one-half-mile wide, on the southwest flank of the Lisbon Valley anticline. They range in size from 500 to 1,500,000 tons and by mid-1965 had yielded 6,147,000 tons containing 48,530,000 pounds of U3O8. Ore bodies average 6 feet thick, are tabular, amoeba-shaped masses, concordant to the bedding, and are in the thickest, lowest sandstone unit of the Moss Back Member of the Chinle Formation of Triassic age. The host rock is predominantly a fluviatile, calcareous, fine-grained to conglomeratic sandstone. Uraninite, the principal ore mineral, fills the pores in the sandstone and partly replaces sand grains and fossil wood fragments. During Late Permian and Early Triassic time pre-Chinle Formations were arched to form the ancestral Permian anticline. Moss Back streams truncated Moenkopi and Cutler beds which capped the ancestral anticline and then covered it with fluviatile elastics, which were subsequently covered by thousands of feet of Triassic, Jurassic, and Cretaceous sediments. Uranium, probably derived from the Chinle Formation by diagenetic processes, was transported in connate ground waters, was moved by compaction or hydrostatic forces, and was deposited under reducing conditions. Uranium was emplaced around the crest of the ancestral anticline, prior to the Laramide orogeny. During the orogeny, the Tertiary-Lisbon valley anticline was super induced on the Permian anticline and, penecontemporaneous with uplift, was faulted parallel to its longitudinal axis. The Big Indian ore belt on the southwest flank footwall block was elevated to approximately its present position, and the northeast flank hanging wall block was elevated only slightly. An extension of the Big Indian ore belt around the northeast flank of the ancestral Permian anticline may exist in the Moss Back sandstone in the downthrown block northeast of the Lisbon Valley fault.

Jan 1, 1968

By C. P. Mangelsdorf

Introduction The use of frequency of vibration measurements to determine tension has long been accepted by industries that use electrical or stranded cables of wire ropes in their operations. In contemplating how to determine the tension in chords of a roof truss, it seems almost inevitable that a similar approach should be investigated even though there are some important dissimilarities in physical behavior between a chord of a rod-type Birmingham truss and a stretched wire rope. While the dominant feature of both types of behavior is the existence of tension, the bending resistance of the vibrating truss chord cannot be ignored. And it is common to have attached to the chord, pieces of hardware (turnbuckles, extension sleeves, wedge boxes) that represent concentrations of mass not usually found in a vibrating wire rope. Analytical solutions to the problem of vibrating wires or beams can be found in the literature on vibrations (Timoshensko, 1955; Den Hartog, 1956). But in every case, at least one of the ingredients of the vibrating truss chord is missing. The presence of axial tension, or bending resistance, of concentrated masses and of end conditions peculiar to truss chords is a combination that appears not to have been dealt with before, although the techniques for dealing with it are commonly known. The purpose of this note is to report the results of a project to measure and calibrate such frequencies. The work was conducted by the University of Pittsburgh under the sponsorship of the US Bureau of Mines. Field observations Tests were conducted on 24 different truss installations. The first 18 trusses were installed in shale roofs above Kentucky No. 9 seam and Illinois No. 6 seam. The remaining six were placed against the competent sandstone over the Pocahontas No. 3 seam in West Virginia. Chord tension was determined by two electrical resistance strain gages, in series, applied diametrically opposite to one another on the rod before tensioning. Due to the combined effects of inexact gage placement, rod bending and residual torsion in the chord due to tightening, errors in tension as high as 1780 N (400 lb) were reasonably possible. Due to faulty soldering or damage, three of the first 18 trusses and one of the final six were rendered completely unreliable. In addition to strain, the first natural frequency of vibration was observed to the nearest 0.1 Hz. Dimensions recorded included the span between contact points at the bearing blocks (Fig. 1) and the locations and amount of excess rod and rod gap at the wedge box and turnbuckle, respectively.

Jan 9, 1985

By G. Upadhya

Of late, solidification modeling has progressed considerably to emerge as a viable simulation tool for the foundry engineer. A wide variety of tools exist in the commercial market to cater to the various needs of the design/ foundry engineer. In fact, recent developments in the area of solidification modeling have been so rapid that a comprehensive review of the state-of-the-art is very much needed. In this paper, an attempt is made to summarize the various issues of solidification modeling, at the same time addressing the historical evolution of the subject. The various phenomenological issues covered in this paper include: heat transfer, fluid flow during mold-filling, solidification kinetics and microstructural evolution, quick-analysis schemes for approximations, porosity prediction models, and the phenomena of fluid flow in the mushy zone. Modeling issues related to the development of solidification stresses which lead to defects such as hot tears and the development of artificial intelligence concepts in the area of rigging design are also discussed. Due emphasis is given to the various phenomena which add to the complexity of the whole subject, and the various alternatives available for solving a particular problem. For example, the heat transfer problem can be approached by the use of simple modulus schemes or by solving the conduction equation to obtain a more accurate temperature distribution. Similarly the microstructural evolution can be handled in a deterministic way by use of nucleation and growth models, or in a probabilistic way by use of empirical models. The main goal of this paper is to put the multi-faceted problem of solidification modeling in proper perspective so that it can serve as a guide for future developments in this area.

Jan 1, 1994

By Jinsheng Wang, Xueming Lv, Wei Lv, Junyi Xiang, Xuewei Lv, Chenguang Bai

In this study, microwave heating was used to dry the nickel laterite which contains plenty of free water, crystal water and hydroxy water. The results showed that compared with the conventional drying process, the microwave drying greatly improved the drying efficiency of nickel laterite. The whole microwave drying process can be divided into three stages according to the drying rates, namely, the rising stage, stable stage and declining stage. The effects of microwave power output and particle size were also studied in the range of 0.8–2.0 KW microwave power and 3–6 cm of particle size. The results showed that the drying time significantly decreased with the increase of microwave power and decrease of particle size. The phases transition of the sample during the microwave drying process were also discussed.

Mar 1, 2018

By N. Kumar Kittusamy

The purpose of this study was to assess the adequacy of the cab design and to determine the percentage of musculoskeletal symptoms among workers. A questionnaire was designed to assess demographics, work information, job history, and musculoskeletal symptoms in operators of heavy construction equipment. Information concerning equipment included design of the seat/chair, levers, pedals, bothersome vibration, quality of egress from the equipment, proper preventative maintenance and repairs, and age of the equipment. The body regions that were evaluated included the neck, middle/upper back, low-back, shoulder/upper-arm, elbow/forearm, wrist/hand, hip, knee, and ankle/foot. One hundred and eighty nine operators completed the questionnaire. The results indicate that these workers are at risk for developing musculoskeletal disorders, the need to perform a larger survey to further substantiate the outcome, and the need to quantify risk factors (i.e., whole-body vibration and static sitting postures).

Jan 1, 2003

By M. L. Brashears

Pine Point Mines is located in the Northwest Territories of Canada, about 500 miles north of Edmonton, Alberta (figure 1). Lead-zinc ore is found in numerous localized deposits along a generally east-west trending reef of Devonian dolomite, about 5 miles south of Great Slave Lake. A pumping-test program was carried out in 1968 to guide the design of dewatering systems for several open pits that are partially or wholly below the natural ground-water levels. The hydrogeologic conditions, methods employed and results obtained are discussed.

Jan 1, 1971

By Bahram Samani

The Bafq - Saghand ore belt (metallogenic zone) is the main region, where the major discovered Uranium resources are located. This belt is a unique Upper Precambrian terrane experienced Katanga ? Pan African tectono ? thermal events. The oldest sialic crust was formed during the middle Proterozoic and followed by K-granite intrusions of Lufilian Cycle (850-800 M.Y.).This event caused Tectono ? Magmatic ? Activization (T.M.A) characterized by intracontinental rifting and associated ore formations. This zone was considered as an iron ore belt in 1960s ? 1970s, and U ? Th ? REE belt in 1980s ? 1990s, but by new discovered of U ? Mo (Co, Au, As, Cu) mineralization is assigned as a U - Polymetal zone, hosting the full sequences of iron oxide (Cu, Au, U) ore forming groups. On the basis of detailed investigations this zone is characterized by the following peculiarities: This zone is the vestigial vessel of Gondwana basement, where the oldest granite and the first platform clastic cover is exposed. This zone is marginal part of Precambrian continental crust, consolidated in 1.3-1.0 B.a. The sub mature continental crust experienced Lufilian Orogenic and Katanga ? Pan African Tectono ? Thermal event by intercontinental rifting, and ore mineralizations. The ore forming stages were sequential processes, started by enriched mantle derived metallogeny, and ended by interaction of silanes/ HACONS (derived from outer core) with crust. The magnetite- apatite (REE, Ti) metallogeny developed from alkaline- ultrabasic magmatic differentiation, capable to from Au- Ni- Sulfide intrusive massifs during 850- 800 Ma. Degassing of silanes/HACONS from deeper level, not only caused mantle enrichment, and plume upwelling as a frontal load, but also played the main role to develop regional Si (-Na-K-Mg-Ca-Co3) metasomatism, and formation of U- Th- Ti- REE- (apatite, magnetite) deposits. The latest (583-510 Ma old) felsic magmatism was major IGU from U-Mo (-Co-As-Au-?Cu?) hydrothermal vein- type deposits. The albitite- type U- Ti- REE (Th) mineralization could be formed by interaction of ascending, and descending solutions along the deep- rooted structural conduits.

May 1, 2007

By Jason Swartz, Gerardo Gomez, Henry Leighton

San Antonio has experienced sustained growth for decades, putting increased pressure on existing wastewater infrastructure. In June 2013, San Antonio Water System (SAWS) reached a Consent Decree agreement that requires significant improvements to the wastewater system over a 10-year period to reduce Sanitary Sewer Overflows. One of the critical projects was the W-6 Upper Segment Tunnel project to reduce sanitary sewer overflows on an existing sewer main running through Lackland Airforce Base. The replacement project consisted of a new tunnel nearly 29,000 LF of primarily 104" FRP. The project also includes nine shafts and multiple trenchless crossings to make near surface connections to the new works.

Jun 23, 2024

By I. R. Kramer

I. R. Kramer (Martin Co.)—In a recent paper Nakada and Chalmers24 reported some observations of effects of surface conditions on the stress-strain curves of aluminum and gold single crystals. It is of interest to compare these observations with the results published previously in this journal and to comment on their general conclusions. In brief, Nakada and Chalmers concluded that the removal of the surface layer of a prestrained specimen lowered the stress-strain curve for aluminum but not that for gold. Further, they concluded that the surface work hardening of aluminum is confined to a depth not more than l0-3 cm. In our results25 published previously, it was pointed out that when prestrained specimens of aluminum and gold were polished to reduce the thickness upon reloading the initial flow stress decreased markedly. Further if a sufficient amount of metal was removed, the yield point failed to appear. With continued application of the load the stress-strain curve became coincident with that of the virgin crystal. We have found this behavior in some 100 determinations to hold consistently for gold, aluminum, and copper in both single and poly-crystalline specimens. The amount of strain required before the curves coincided depends upon the amount of metal removed but it is usually less than 0.01. This type of behavior is the same as that reported for metarecovery by other investigators.29 For aluminum specimens which have been prestrained and then heated to temperatures above 50°C we have consistently found that the stress-strain curve was typical of the orthorecovery28 type. In this case the stress-strain curve always lies below that of the virgin specimen. With respect to Ref. 24 the curves for aluminum are always below that of the virgin curves, while those for gold become coincident. This observation indicates at least for aluminum that the specimens must have been heated to a temperature high enough to cause recovery by an alteration of the internal dislocations. In addition, a recovery would be expected because of the removal of the surface work-hardened layer. Nakada27 had reported that, with his particular apparatus in which a perchloric acid polishing solution was used, the temperature of the specimen increased 65°C. The curves presented in Ref. 24 for gold do not permit one to detect the initial flow stress upon reloading after the surface-removal treatment. In fact, contrary to the method used by Nakada and Chalmers, the change in the stress-strain curve produced by a surface-removal treatment cannot be described in terms of a decrease in stress at strains much higher than that at the initial flow stress because of the coincidence of the curves at the higher strain values. With regard to the depth of the work-hardened surface layer, our data show for aluminum single crystals (7.5 by 0.3 by 0.3 cm) that the initial flow stress remained constant after 12 x 10-3 cm had been removed from the thickness. This depth was independent of the prior strain. For gold crystals this depth is somewhere between 10 x 10-3 and 20 x 10-3 cm. Y. Nakada (author's reply)— Kramer states,28 "for aluminum specimens which have been prestrained and then heated to temperatures above 50°C, we have consistently found that the stress-strain curve was typical of the orthorecovery28 type. In this case the stress-strain curve always lies below that of the virgin specimen." However, Cherian et a1.26 discovered that aluminum polycrystals annealed at 32" and 100°C showed the metarecovery behavior. They showed that the orthorecovery behavior did not appear until the crystals were annealed at 150°C. Kramer suggests28 that the drop in the flow stress of aluminum crystals after the surface removal by electropolishing24 may be due to the recovery caused by the temperature rise which may occur during the electropolishing.27 However, as indirectly stated in Ref. 24, the current density used in these electro -polishing experiments was 0.15 amp per sq cm. According to ref. 27, this current density should cause a temperature rise of only 40°C. This may cause the metarecovery but not the orthorecovery. Furthermore, as stated explicitly in Ref. 24, the surface removal was accomplished by chemical etching as well as by electropolishing. The results were the same for both electropolishing and etching. During the etching, the specimen temperature did not rise above 35°C. Some aluminum crystals were placed in water at 35° C for 30 min. These crystals did not show the decrease in flow stress. Therefore, it is quite clear that the flow-stress drop after the surface removal is not caused by a high-temperature recovery. However, as Kramer points out,28 it is quite possible that the internal dislocation structure may have been altered because of the removal of the highly work-hardened surface layer. However, how much this rearrangement contributes toward the flow-stress decrease is not known at present.

Jan 1, 1965

By Dena Morgan, Emre Biringen

"Abstract This paper discusses the execution of pile installation and design issues at two environmentally challenging industrial sites in North America. Environmental regulations set constraints on the design and require versatility in choice of technology.For a proposed bridge, due to protected fish habitat, performing soil borings within 30 m of the creek embankment was prohibited. The limited subsurface profile indicated a thick upper layer of granular material, thus driving H-piles was considered. However, to limit generation of vibration and noise in the protected area, drilled piles had to be used. During execution, the subsurface profile differed from that in the borings 30 m away. Very soft, saturated silt was encountered at the bottom of the caisson and the length had to be redesigned very quickly while the contractor waited for instruction. For a new structure in uncontrolled fill area, performing soil borings was not allowed. It was known that a layer of peat was present in the area, but no information regarding the thickness and extent. The subsurface profile generally consisted of granular material overlying a thick compressible silt layer. Somewhere within the granular layer peat would likely be encountered. Franki piles were chosen to penetrate the peat and bear in the underlying granular material. During environmental sampling in the area, methane gas was encountered and Franki piles were no longer a viable option due to safety concerns. The foundation system was changed to steel H-piles driven to bedrock, which was more than 50 m below the ground surface and sloping. Rock shoes that would work to significant slopes had to be used in order to increase the likelihood of good embedment within the bedrock. Also, due to obstruction of an approximately 3 m thick debris field that was encountered in the upper granular soils, some of the piles had to be relocated and extra piling needed to compensate for such differences. The results of PDA testing to estimate compressive capacity and a series of lateral load tests are presented.INTRODUCTIONThe design issues that are encountered during construction can be quite problematic and have a significant impact on schedule. In order to avoid such impact on the project, a thorough subsurface investigation should be considered prior to design and construction. Better understanding of environmental regulations also prevents costly changes to the foundation design. This paper discusses the execution of pile installation and the design issues at two environmentally challenging sites in North America.BRIDGEDuring the subsurface investigation for a proposed industrial building complex, several boreholes were drilled within the footprint or in close proximity of various structures, with Standard Penetration (SPT) sampling of the upper coarse-grained soils (sand/gravel) and undisturbed sampling of the lower fine-grained soils (silt/clay). The SPT blow counts (N60) were corrected by a factor of 1.35 in order to incorporate the SPT automatic energy transfer ratio. When Modified California Sampler was used, a correction factor of 0.44 to 0.64 was also applied. N60 values were further corrected for gravel to avoid artificially high blow counts during the analyses due to spoon samples contact with gravel and cobbles, and the corrected values of (NG)60 (limited to a maximum value of 50 blows/300 mm) were used for design. The information from the SPT boreholes was then used to assess the subsurface conditions beneath the structures, as well as for a nearby bridge that was designed to cross over a creek. Since performing soil borings within 30 m of the creek embankment was prohibited due to the protected fish habitat, the investigation with regard to the bridge abutments was limited to two deep boreholes (B10-33 and B10-34) at the bridge location and two additional boreholes (B10-35 and B10- 36) located approximately 200 m upstream. The bridge location and two sets of boreholes are"

Jan 1, 2014

Jan 1, 1993

By A Tsang, D La Rosa, L Julian, W Hunt, R Pratama

Mineral extraction is facing the twin challenges of finite resources and increasing environmental and economic costs. Society’s growth is matched by an increase in demand for the earth’s resources. It is incumbent on us as contemporary mining professionals to promote and facilitate ethical and efficient practices. Technological developments have and will continue to allow a decrease in viable cut-off grades, creating new economic opportunities from deposits that were previously uneconomic. Mining low-grade deposits however, even with perfect recoveries, will have a significant environmental cost for the metal won. The greatest opportunity to increase metal with the least environmental cost is to increase the metal yield from existing mines. The determination of mining polygons is a critical juncture where rock is typically subjected to the binary grading of either ore or waste. This is undertaken using a number of factors, such as the mining equipment being used and the recovery in the processing plant. Traditionally, mining polygons were generated on the in situ grade control model. This ignores the complex differential blast dynamics that occur during blasting. Two opportunities exist to improve metal yields: optimise the blast design to achieve the post-blast muck pile that will support the greatest outcome; and generate optimised polygons on the post-blast muck pile. A data set from a Canadian Gold deposit is used to demonstrate the potential benefit of iterative blast movement modelling and grade control polygon optimisation on metal yield. The impact of blasting on the total recoverable metal is presented, highlighting blast design as a critical process in the mining value chain.

Sep 1, 2024

By J Lainé, M Badawi, A C. de Araujo, Y Foucaud, C Veloso

Flotation is the one of the most used techniques for the mineral separation of non-ferrous ores worldwide. However, the increase of the complexness along with the decrease of ores liberation sizes ought to become important challenges for mineral processing, including flotation. It now appears necessary to better understand the fundamentals of the flotation process, particularly the adsorption of flotation reagents at the liquid/mineral interfaces, to propose further improvements. Flotation relies on different phenomena: surfactants adsorption, on one hand, and collision, adhesion, and transport of particles with bubbles, on the other hand. For acknowledging the reagents adsorption mechanisms, molecular modelling tools borrowed from chemical and material sciences, are increasingly used. Atomistic simulations were successfully applied to study the flotation reagents interaction with various mineral surfaces, eg of two common minerals from iron ores, kaolinite, and magnetite surfaces, or with fluorite surface, a tungsten ores common gangue mineral.

Aug 24, 2022

By S. M. Pickering, L. T. Gregg

Appraisal of industrial minerals beneath privately owned land requires a different approach and mindset from valuation of base and precious metals or energy minerals, and from valuation of government-owned mineral lands. First, is it the value of inground minerals or of mining rights that is being sought? Second, value to whom, the mining company, a potential investor, the mineral landowner, a lending institution, the property tax assessor, or a condemnor? Third, how should mineral value be apportioned between the land and mineral owner, and a mining company with limited years of lease-hold interest? These and many other questions must be addressed before a valuation method and Discount Rate are selected. For various reasons the Income Method is most often used, with Net Present Value calculations made for long term predicted mining income. Choice of an appropriate Discount Rate is critical.

Jan 1, 2000