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By Herbert D. Drechsler, James B. Stephenson

"AbstractThe paper identifies the major components of price change which affect the determination of the internal rate of return of a mining project. It illustrates several price indexes which may be used to measure general price increases, identifying techniques which might incorporate them into mine valuation procedures. The ""hurdle rate"" for new investment is discussed.IntroductionDECISIONS regarding the value of an orebody and whether or when to mine an orebody are based on an estimate of the cash flows which would be associated with its exploitation. These pro-forma cash flows represent cash in or out of a possible mineable deposit and include exploration and construction costs, sales revenues, operating expenses, taxes, debt borrowings, interest and debt repayment. It has long been recognized that when combining the cash flows occurring over the life of the mine, dollars received or paid out early have greater value than those received or paid out later. This time value of money has been incorporated into mine evaluation calculations through the use of present-value or discounting techniques. Another factor affecting mine valuation, inflation, is not accounted for by valuation techniques now in use. In recent years, price changes have become more volatile. In the past, price change could easily be ignored when evaluating potential mines. Today, the combination of larger investments and greater price volatility leads to great concern about the effects of price change on mine valuation."

Jan 1, 1977

By Leonard Obert

The various underground rooms in the Bureau of Mines Oil-Shale mine, Rifle, Colo., have been open for periods ranging from 3 to 5 years. During this time 3 roof falls have occurred; 1 was induced, and the other 2 were unintentional. The three roof falls are described in this report. Two causative factors are discussed -a time-dependent deterioration of the roof rock and an unfavorable system of jointing that occurred in the strata overlying the present roof horizon. Irrespective of cause, the operating life of any stoping area would have been short com-pared with the life of the roof (1 to 4 in the most unfavorable instance), if a high-production system of mining had been employed. The report is concluded with several recommendations that should be considered in planning future mining operations.

Jan 1, 1958

By A. K. Sinha

Modern mine ventilation systems have grown rapidly in recent years both in tern of its complexities as well as its value for human health and safety. Although computer models are now available to help the design and operation of mine ventilation systems, considerable differences often exist between the computer based predictions and practical results. Research conducted to compare computer result with practical measurements made in ventilation circuits simulated in a physical model seems to confirm such differences. It is concluded that although a mine ventilation computer model is a very powerful tool, it can be utilized to its full potential only after more reliable input data are developed.

Jan 1, 1985

By A. S. Bayne

THIS paper will present a review of the mining operations of one of Canada's most lately established gold mining districts (1). The history of the Little Long Lac and Sturgeon River areas is interesting in view of the fact that, although they have long been the scene of a certain amount of mining activity, they remained little more than an uninhabited wilderness until 1933, since which time ten producing gold mines and mills have been established in permanent operation, eight of these having entered production since the beginning of 1937. As complete a background as possible will be given concerning the major influences having a bearing upon living and economic conditions in the mining communities. The object, here, is to show the diversity of problems which demand the attention of the operator starting up and operating a new mine in present times, and to indicate the ways in which these problems are successfully met in this district. A description of the power facilities and plant equipment will be followed by a summary of the problems encountered and methods applied in exploration and development. This is to aid in forming a background showing the circumstances which influence the mining methods and costs of the various operations. The paper will conclude with a description of the mining methods used and the costs of the operations, including summarized analyses of the stoping methods and mining conditions. The various phases of operation will be dealt with separately, in so far as this is possible, in order to present clearly the salient features. It is necessary, however, that the reader bear completely and constantly in mind the fact that in actual operations these phases arc, to a large extent, intimately related and greatly affect each other, as well as being, in turn, affected by other circumstances beyond the control of the operator. A few of these circumstances are: capital available during the development period and early stages of productive operation; strength of rock comprising the ore and its boundary walls; grade, size, shape, and location of ore-bodies; and many other natural items which must be carefully weighed in relation to the details of operation.

Jan 1, 1940

By F. Hassan, M. A. Arafa

At El-Gedida iron ore deposits there is a block of about 30million tons neglected due to its higher sulfur content due to the presence of barite gangue minerals. From this bluk by magnetic separation dual concentrates of high grade iron concentrate (~65%Fe and total Sulfur of 0.26%) and the second concentrate is barite of (60.87% BaO and total impurities of less than 3%).

Jan 1, 1999

By William Gleason

"It is the largest mining exhibition in the world that attracts thousands of attendees from around the world to Las Vegas, NV once every four years. Despite the recent struggles in the mining industry, MINExpo International 2016 promises to be as big as ever. In the following pages, Mining Engineering takes a look what some of the more than 1,800 companies plan to showcase during the three-day exhibition.CaterpillarCaterpillar will support MINExpo 2016 with an exhibit showcasing machines, technology, expertise and practical knowledge that miners can apply to help address their cost, productivity and efficiency challenges in today’s mining environment.Caterpillar will once again occupy the largest space at the event and will showcase both surface and underground machines, but the talk at the booth will focus on how Cat technology and know-how combines to help mining operations address and solve the issues that are most important to them. The main stage in the exhibit will feature presentations describing how mining companies, Cat dealers and Caterpillar work together to improve operations.“The challenge for all in the mining industry now is to optimize operations — to drive costs down while creating sustainable businesses that can weather downturns,” said Caterpillar Resource Industries group president Denise Johnson. “We believe that through our expertise and the knowledge of our dealers —combined with innovative technologies and our growing data analysis capabilities — we can help them not only survive, but thrive in these challenging times.” Johnson was selected by the National Mining Association (NMA) to chair MINExpo 2016. “Chairing this show is a great honor, and it’s a testament to Caterpillar’s partnership with this critical industry,” she said. “We’re proud to be a long-time supporter of the NMA, and we are excited to participate in another MINExpo. It’s an opportunity for us all to learn from each other how to increase productivity, control costs and improve overall operations.”Surface mining displays. The surface mining section of the Caterpillar exhibit will showcase the new MD6420C rotary drill. This is autonomy ready and optionally equipped to leverage the safety and productivity benefits of Cat MineStar Terrain. This high-precision drill management system optimizes utilization and improves drilling and blasting operations by accurately guiding the operator and improving precision of hole placement and drilling depth — and the next step is fully autonomous operation, Command for drilling. The third-generation drill incorporates proven Cat components throughout for superior reliability and durability."

Sep 1, 2016

By A. Ersoy, M. D. Waller

The principal factors which require consideration in predicting drilling rates are the bit-type, the bit operating parameters and the characteristics of the penetrated rock. A single index is not a sufficient basis for predicting performance. A variety of rock types were drilled in the laboratory with polycrystalline diamond compact (PDC) and impregnated diamond core bits using a fully instrumented drilling rig at different rotational speeds and with a range of weights on the bit. Quantitative determinations of a wide range of textural, mechanical and intact rock properties were also made. Multi-variable linear regression analysis was then used to develop predictive models of rates of penetration from the operating and rock property data. The models have been verified by statistical tests. The analysis indicated that the models for the pin and hybrid PDC bits have potential for practical application. However, although the model for the impregnated diamond bit appears to be reasonable from a purely statistical point of view, it may not be satisfactory for drilling uses as it is based on two measures of rock hardness alone. The application of multiple regression analysis to PDC drilling performance is novel and the technique shows promise for the prediction of rock drillability with PDC bits. The ability of the technique to provide a mathematical characterisation of the performance of new drill bits in specific rocks may prove to be of value to drill manufacturers and users

Aug 1, 1995

By I. H. Gundiler

A pilot-plant flotation concentrate containing 21.6 g/t gold and 2 kg/t silver was used for this study. Base-line cyanide and thiourea tests showed 30-40% extraction of both gold and silver. After roasting (450-750C), the maximum gold extracted was 89% with thiourea and 76% with cyanide. Pressure oxidation tests were conducted following a statistical experimental design in a 2L laboratory autoclave at 10% pulp density, and the residues were subsequently leached in acidic thiourea solutions for 2h. Leach results were presented in the form of contour maps, and optimum autoclave conditions were determined for maximum gold extraction (93%). However, silver extraction was only 7% when gold extraction was maximized.

Jan 1, 1992

By M. W. Hildyard

A blast was engineered close to a tunnel in a deep-level mine with the purpose of studying the wave interaction with the tunnel. Numerical modelling of seismic wave propagation was used in both the forward planning and the back-analysis of this experiment. This paper presents the forward analysis. A likely model for a propagating blast was investigated and developed. This model predicts the influence of the velocity of detonation of the blast and the rise-time of the blast on the radiation pattern, and hence on the expected positions of maximum velocity at the tunnel surface. An attempt was made to quantify the parameters of the blast model, using waveform data from two other blast experiments. The blast model caused particle velocities which were an order of magnitude lower than these measured velocities. Large values for blast pressure were required to match the amplitudes of the recorded velocities. An alternative ?effective? source with a similar mechanism but increased diameter was proposed to account for the higher velocities. It was established that distant velocities scale with the square of the borehole diameter. A calibration blast at the experimental site was also modelled. Agreement in the waveforms was not sufficient for conclusive statements to be made about the validity of the source model. However, the modelled waveforms show an encouraging correspondence with some measured waveforms. This gave confidence that the model could be used to examine wave propagation around the tunnel, and allowed a scaled source to be developed for forward analysis of the main experiment.

Jan 1, 2001

By D. A. Buckingham

The Bureau of Mines evaluated potential availability of domestic nickel from 23 deposits, Evaluations included an estimation of in situ and recoverable resources, applicable mining and processing technologies, and capital and operating costs. Discounted cash flow analysis with a 15-pct rate of return was used to determine the average total cost of production of each operation, Identified in situ resources contain 9.0 million metric tons (t) of nickel; 5.5 million t is recoverable as nickel metal or ferronickel. Demonstrated in situ resources contain 8.2 million t of nickel; 4.8 million t is recoverable as nickel metal or ferronickel. No nickel is available at a total cost of production equal to the January 1983 market price of $3.24 per pound. Analyses indicate that potential annual production can only meet current consumption levels at a total cost of production of $7.60 per pound of nickel, Nickel's availability is contingent on (1) successful adaptability of nickel processing methods to domestic resources, (2) location of a smelting facility, and (3) marketability of byproducts and coproducts. Analyses were performed on the effects of byproduct and coproduct revenues, energy, labor, and transportation costs, and metallurgical recoveries on nickel's availability.

Jan 1, 1984

By Lindsly. Ben E.

"The recovery or partial recovery of the oil remaining in oil sands after the usual methods of production have become unprofitable is perhaps the greatest problem in the petroleum industry today. The amount of this oil remaining in the sand is variously estimated by those familiar with the subject to be 25 to 90 per cent of the original content.2Lewis3 states, ""The estimate of 80 to 90 per cent of the oil left underground does not seem incredible.""It is estimated by the writer that approximately 91 per cent of the oil originally held in the Elliott pool, was still in the formation on January 1, 1924, and that it would take at least 12 years, at the 1923 rate of production, to further reduce this quantity by one per cent of the original content.The progress made in the oil industry during the past few years relative to the prevention of evaporation losses; to improvement in cracking processes, whereby the gasoline yield from many crudes has been doubled and trebled; to the increased recovery of gasoline from natural gas; and many other developments, remarkable as they are, can be applied only to that comparatively small portion of petroleum products which are raised to the surface. A device or process which would cut development costs to one-half would probably result in a much smaller profit to the oil industry, than the profit derived from an additional 10 per cent recovery of the total amount of oil in a pool. Various methods have been used and many others proposed, for the increase of oil recovery from normally depleted sands.In France, oil sands are being mined by means of shafts and galleries. In other places, notably the Bradford, Pennsylvania field, the yield has been increased by means of water flooding, wherein water is introduced into the sand to displace oil, and drive it to producing wells."

Oct 1, 1926

By W. A. Lang

RESEARCH has been defined as the link between the present and the future. Science, wonderful though its achievements may be, has but scratched the surface of the unknown. Research is directing its attention to winning new facts in order that their application to the processes of today may open up new sources of wealth for the common benefit. Two classes of research investigations are often recognized-fundamental and applied, but these classes merge into each other and it is often hard to distinguish one from the other. Fundamental research is carried out primarily to develop basic facts, but frequently these are found to have immediate economic value, while applied research, specifically aimed at economic values, often necessitates a preliminary fundamental investigation. Both are essential and both should proceed by scientific method. It is obvious in fuel technology that a knowledge of the physical and chemical constitution of the various coals is fundamental to their industrial utilization, and further, a knowledge of the way these coals react under different conditions of temperature, atmosphere, etc., is necessary in solving such problems as storage, combustion, carbonization, gasification, or con-version to liquid fuels. The wide range of coals, the complexity, of their constitution, and the many uses for coal, makes fuel research no simple subject but one with unending possibilities. The Research Council of Alberta, formerly known as the Scientific and Industrial Research Council of Alberta, was established in 1919, to promote the development and conservation of the natural resources of the Province. The work of the Council was arranged in six major divisions: Fuels; Geology; Road Materials; Soils; Natural Gas; and Forest Products. The office and laboratories are located in the University of Alberta. The Council was financed until the depression of 1933 by a separate vote of the Legislature, but since then has been continued, though on a much smaller scale, as one of the activities of the University. It might, however, be noted that although the Council is now in abeyance, a skeleton organization has been maintained so that it can be brought back to active service as soon as conditions warrant. Annual reports are still submitted to the Legislature. Funds have not been made available, however, for the publication of the last five reports.

Jan 1, 1942

By Zhian Liang, Xiong Huang, Weixin Wu, Lifeng Cui, Zhuanhua Wei, Guoyao Li, Xiao Ni, Junrong Wang, Shuiping Zhong

ZJ 201 (modified starch) is a non-toxic, odorless, and biodegradable polymeric depressant, which selectively depressed galena in batch flotation tests while chalcopyrite was not significantly affected. In a plant trial, copper-lead separation was successful for the first time without using dichromate. Moreover, the plant process could be changed to sequential Cu-Pb flotation using ZJ 201 for higher grade lead concentrate. A copper concentrate was obtained with a Cu grade of 24.91% and a Pb grade of 5.11%, which recovered 76.6% of the copper from the original ore; a lead concentrate was also obtained with a Pb grade of 21.90% and a Cu grade of 5.31%, which recovered 52.6% of the lead. In addition to the effective copper-lead separation observed in the plant trial, another improvement observed is that gold was recovered mostly in copper concentrate, which could be sold for higher prices. Au grade reached 230.64 g/t, and its recovery reached 65.8% in the copper concentrate. Au grade in lead concentrate was only 18.90 g/t.

Aug 27, 2021

By Norman Marr

Introduction In Canada, the mining industry and water-power development are intimately associated in that mining, which ranks second among the country's primary industries, depends principally upon hydro-electric energy for its large power requirements. On the whole, the Dominion has been very favourably endowed with water-power resources; generally speaking it is a well-watered country with numerous rivers and lakes located in are as where the topography favours water-power development. Precipitation, the raw material of water power, varies from an annual fall of more than l00 inches on the Pacific coast to about 12 inches in sections of the Prairies and the Northwest Territories; in Ontario and Quebec the annual average is 24 to 40 inches and in Nova Scotia about 45 inches. In its descent to the sea, the resulting run-off, much of it from considerable altitudes, creates sources of potential energy at every rapid and fall along the country's many streams and rivers. Many of the innumerable lakes in the Dominion provide storage basins for the regulation of stream flow, thus enhancing the potential power of available sites. While water-power resources are fairly well distributed across the Dominion, as is shown on the accompanying map of Canada showing power sites (Figure 1), it is particularly fortunate that those areas which are lacking in indigenous fuels have been compensated in large degree for this scarcity by being favoured with a high proportion of the total potential water power. This has an important bearing on the mining industry in that extensive mining operations can be economically carried out in the great Canadian Shield, which is lacking in commercial coal deposits but is rich in water-power resources. This Precambrian formation, which forms a wide belt around Hudson bay and in which many metalliferous ores are found, was 'subject to severe glaciation in a recent geological period, so that its river systems are comparatively young and are characterized by numerous lakes joined by short reaches of fast water, rapids, and falls which offer frequent opportunities for power development. The western Cordilleran region, which also is important in mining, has abundant water power. The accompanying geological map (Figure 2), prepared by the Geological Survey of Canada, shows the great extent of the Precambrian and Cordilleran regions and may be compared with the map of water-power sites to show the high incidence of water-power resources in these potential mining areas in which important mineral discoveries have already been made.

Jan 1, 1949

By Peter J. Nicholson

A new method of constructing retaining walls, in-situ, prior to excavation has been developed. This "Vertical Earth Reinforcement Technique" VERT, has been demonstrated at a full scale test wall at the National Geotechnical Experimentation Site at Texas A&M University. This 10 meter high wall, was constructed of elements of soil mixing in an array that forced composite behavior between the soil mixed elements and the in-situ soils. Inclinometers and extensometers were used to verify the performance of the wall. The construction and results of the testing are presented.

Jan 1, 1998

By R. W. Michelson

The Bureau of Mines developed computerized mathematical models to estimate the economic availability of Mesabi Range taconite concentrates; these are a quality model, a cost model, and an economic availability model. The quality model evaluates metallurgical test data; the cost model determines iron unit cost from mining and processing cost data; and the economic availability model determines quantity from geologic and ore quality data. By correlating all of the physical resource quality factors and dimensional characteristics with the economic cost factors associated with producing iron ore pellets, these three models combine to establish a final relation between iron ore reserve quantities and iron unit cost.

Jan 1, 1970

By H. P. Greenwald, Irving Hartman, H. C. Howarth

"INTRODUCTION A report of tests of seven small pillars formed from the Pittsburgh coal bed in the Experimental coal mine was given in Technical Paper 605 5/ Five additional pillars were tested between July 1939 and. October 1940. The data obtained, in the later tests permit an extension of the conclusions reached in Technical Paper 605, which appears to be important enough to the mining industry to justify a progress report that will explain briefly what it is and how it was obtained. Full detail of the tests will appear in a second technical paper, preparation of which is deferred so that results of pillar tests now under way my be included.DESCRIPTION OF TESTSExcept for minor improvements in operating details, the five additional tests were made as described in Technical Paper 605, pages 2 to 7. Briefly, the desired pillar was formed from the coal bed, by excavating a passage around it (no explosives were used), and enough material was removed from above to permit installation of the assembly used for applying pressure. Each pillar was tested resting on its original fireclay floor, which was restrained from lateral flow by a ring of concrete. Vertical and lateral movement of the pillars in two directions as measured carefully in all tests."

Jun 1, 1941

By Kuzmitch O, Morozov A

The main direction in the mechanisation in the mines of the Donbas and the USSR is long-face technology with complexes on the base of hydraulic supports. On the base of the 30 year old experience of exploitation of the coal clearing systems the serious data about the behaviour of the contained rock, display of underground pressure 'on longwalls and preparatory workings have been accumulated. Exploitation works in mines of the USSR are carried out at different depths: from 1000m to 1200m. There are 26 mines in Donbas, which exceed the depth of 1000m. It is the mines of Donbas, where is a rich experience of the exploitation of coal seams in various conditions. Besides, there are wide variations on the factors of the extraction thickness, depth of seam, angle of dip, occurrence of gas dynamics and others. In many scientific establishments, and in Donetsk Polytechnical Institute also, there are scientific research/results, which can be of interest for the coal mining countries.The volume of coal mining from longwall system-mechanised walls in Donbas became stable at the end of the 70s at level of 70 percent. All the efforts to increase this level have not given any notable results, not saying about the technical-economical data, which gradually deteriorate. It shows that positive progress in using the technology for the long walls is over and it is necessary to find new ways of mechanisation of coal winning.

Jan 1, 1991

By W. C. Phalen

The production of salt in the United States divides itself at the outset into two distinct classes…

Jan 1, 1915

By Alfred Wild

The Kraftile Co. plant, Fremont, Alameda County, Calif.--the largest producer of glazed, structural wall units west of the Rocky Mountains-- maintains modern processing facilities to evaluate and blend a wide variety of clays from several sources to produce quality products. The report desribes the prospecting, exploration, and test methods used to locate raw material sources and covers processing methods, cost factors, and trends. Also, the geologic and ceramic factors are considered in a general discussion of the economics, potentials, and requirements of clays as raw materials for ceramic tile manufacturing.

Jan 1, 1963