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By Brian W. Mackenzie

The paper addresses five questions concerning the economic of gold exploration in the western Canadian shield. Can historical footprints be used to project future gold prices for exploration planning? Experience suggests that gold price forecast are too clo ely tied to current market events to provide meaningful guidelines. What range of breakeven gold price will typically be required to ju tify gold exploration in Canada? Minimum price requirements. initially asses ed at $540 to $1080 per ounce, probably lie in the range of $480 to $760 per ounce (expressed in 1985 Canadian dollar). Within Canada, what role do regional conditions and taxation policies play in determining the viability of prospective gold exploration targets? Striking interprovincial differences are found to exist, given the same geological circum tance -Nova Scotia, ew Brunswick, and Quebec rank towards the top in term of motivating exploration, Briti h Columbia provides the least investment incentive, while Saskatchewan and Manitoba place around the middle of the Canadian league. How can minimum acceptable tonnage-grade conditions for gold targets in the western shield be established and, then, constructively applied to provide exploration planning guidelines? Minimum target conditions, realis tically defined in terms of a broad band of doubt, can be used judiciously to help balance the direct costs of uneconomic exploration with the opportunity costs associated with rejecting economic deposits. How does the average cost per ounce of gold discovered in the western shield compare with the overall Canadian experience? Average discovery costs for the we tern shield, apprai ed at $100 per ounce, are shown to compare favourably with the Canada-wide record.

Jan 1, 1986

By Toshihide Ito, Jie Liu, Takashi Nishiyama

"Human society evolved from an agricultural to industrial and, subsequently, to a service society. As the resource requirements for each stage of this development differ, trends of metal and energy consumption are related to shifts in society. The increase pattern of supplemental energy is similar to that of mineral production throughout the world. Low positive and stable long-term increasing occurred before 1950, whereas they increased quickly after 1950, especially between 1950 and 1973. A substantial decline in· the growth of energy and mineral production began in 1973 and lasted until the early 1980s. Production of energy resources has recently begun to increase again at a high growth rate in the world. Observing the consumption trends of energy and key metals, it is clarified that increasing patterns can be thought in three stages.IntroductionHuman society evolved from an agricultural to industrial and, subsequently, to a service society. As the resource requirements for each stage of this development differ, trends of metal and energy consumption are related to shifts in society [1-3]. Humphreys [4] described that both the non-ferrous metal consumption and the construction material consumption showed a similar trend dropping markedly in the UK over the period 1960-1992. On the other hand, per GDP (Gross Domestic Product) consumption, that is, the intensity of use of construction materials has declined sharply over the past 30 years, more so than the intensity of metal use in the USA [5]. Nishiyama [6] observed that increase pattern of supplemental energy is similar to that of mineral production throughout the world."

Jan 1, 2000

By Carlos Gualdron, Elizabeth Gomez, Rafael Bolivar

The productivity index of the Coopracarcegua Ltda., a mid-size coal mining company of Norte de Santander, Colombia, was related absenteeism using accident, productivity and profit data four years. The analysis was based on type, severity and frequency of accidents, number of absentee days; price per metric ton, and other relevant parameters. The enterprise is formed by 5 different mines of thermic coal, each one with different exploitation technologies and different productivity. Each mine was analysed separately and the loss of profit due to absenteeism was calculate for each one. The study showed that the foregone earnings due to absenteeism in terms of the whole productivity of the enterprise was about of 6.6% of the total profit average the 4 years, with calculated values of 14.7%, 3.5%, 8.4% and 4% per year in the evaluated period. The study identified that the most important cause of absenteeism was "General Disease". The foregone earnings in 2009, the highest loss for the analysed period, was about US$ 0.937 million and during the whole evaluated period was US$ 2.46 million.

Jan 1, 2014

By W C. Burton, J S. Kuszma, T O. Aspinall

The environmental impact of mining and evolving environmentallegislation has received increased attention worldwide in the last two decades (Bradfield, Shultz and Stone, 1996). The potential impacts associated with unstable spoil dumps from mine operations is the focus of concern both by the mining industry, environmental regulatory agencies and members of the public. Engineered slopes of mine spoils may be stable at the end of construction, but they can deteriorate over time. There is thus the need to increase the base of knowledge on the existing practices of spoil dump design and rehabilitation. Efficient engineering design and systematic economic evaluation of spoil dump reshaping techniques for mine rehabilitation assists in maintaining the expected standards of environmental compliance. As part of the overall approach for effective engineering design ofspoil dumps, a comprehensive, computational and efficient tool isrequired for assessing the economics and productivity of existing spoil dump reshaping practices for efficient mine rehabilitation. Such a design tool is useful in linking current spoil dump environmental management practices with engineering design planning and economic impact evaluation. This paper identifies the processes for the economic impact evaluation for existing spoil dump reshaping practices and proposed final site dump designs. Selection of an efficient spoil dump design at optimum costs will ensure operational efficiency. A case study is presented identifying economic impact evaluation in earthmoving equipment selection and the costs involved for the reshaping of spoil dumps to that of varying final site designs.

Jan 1, 2000

By Axel Preusse

Due to a political decision, German hard coal mining will come to an end in the year 2018. By then, there will have been more than 150 years of industrial grade mining activities. Located in the western part of Germany is one of the most densely populated areas of Europe. Multiple coal seams have embossed the earth?s surface up to 20 meters (21.87 yards), as mining has subsided. The aftercare of hard coal mining will consist of three tasks: groundwater management, polder management, and groundwater treatment. The Ewigkeitslasten (cost in perpetuity) at the current groundwater level has been determined in the past. The actual cash value is calculated to be about 12.4 billion euros (approximately 16.5 billion dollars). The cost of groundwater management is directly related to the groundwater level. Rising groundwater levels will reduce the cost of pumping water. Known effects of rising groundwater are uplift of the surface, emission of methane gas at the surface, higher risk of cave-ins, and contamination of drinking water horizons. Each of those processes produces cost in order to prevent negative consequences (e.g., uncontrolled methane emissions) or to handle reparations (e.g., damages caused by surface uplifts). In the long run, it is the goal to minimize the Ewigkeitslast. As a first step, all cost-generating processes are specified, and a cost type based characterization is performed. The objective of this case study is to identify key parameters to determine the quality of a cost-generating process (proportional cost, fixed amount cost). Afterwards, it is intended to specify the quantitative impacts of each parameter and to set up an optimization model to minimize the overall cost. The quantitatively specified parameters will form the base out of which the optimization model is created.

Jan 1, 2013

By Stanley G. Butcher

"The methods generally applied to predict performance and financially evaluate beneficiation options are reviewed.Typical costs f or a western Canadian thermal coal operation are examined. Preparation-from truck dump to loadout-frequently amounts 10 over a quarter of total minesite costs. Failure to achieve projected yield-whether caused by mine or plant problems-s-substantially increases production costs because more coal has 10 he mined to meet a specific market demand. Problem identification by mass/ash balances is recommended.Thorough characterization of the coal and associated waste materials and more reliable prediction of beneficiation process performance are therefore essential to determine a project 's financial viability.IntroductionWestern Canadian coal prep a ration plant capacity is partway through a massive expansion program . In 198 1 potential product ion was 14 million tonnes, by 1985 it will be 26 million tonnes per year. Only two years ago the industry was concerned whether it could sustain this rate of growth to meet market demands : now with diminished market demand and lower coal prices being offered by our international competitors there are doubts whether t his potential will be fully employed , even by 1990.One direct consequence o f the occurrence of a variety of coals in a stunningly beautiful but complex geo logical setting such as the Rocky Mountains and their Foothills is that each project is unique. Coal is a low value per tonne product. To supply distant markets from geographically isolated deposit s necessitates expensive , dedicated , infrastructure . T o be profitable these operations must achieve eve ry advantage of the economy of scale.Each of the mi ne complexes commissioned in the 1970s experienced severe problems in the area o f co a l preparation . Most bought their way out , paying for major plant modifications by increasing the scale of their total operation . The current market recession may not allow new operations this route to profitability.The objective of this paper is to illustrate the economic impact of coal preparation problems on the profitability o f the total minesite operation and thus provide a sound basis for decision making process."

Jan 1, 1985

By Wayne Hilgedick

Peabody Coal Company is the nation's largest producer of coal and is headquartered in St. Louis, Missouri. In 1978 Peabody divisionalized its operations to establish more responsive and effective mine management. Peabody Coal Company's Arizona Division operates two large surface mines, the Black Mesa and Kayenta Mines. Both are located in northeastern Arizona, approximately 30 miles from Kayenta, Arizona, on the Navajo and Hopi Indian Reservations. The Black Mesa Mine produces 4 to 5 million tons of coal per year and the Kayenta Mine produces 7 to 8 million tons per year. Coal from the Black Mesa Mine is transported 274 miles by coal slurry pipeline to the Mohave Generating Plant located on the Nevada/Arizona border at Bullhead City, Arizona. This plant is jointly owned by Southern California Edison, the Los Angeles Department of Water and Power, Nevada Power Company and Salt River Project Agriculture Improvement and Power District.

Jan 1, 1983

By J. C. Agarwal

Do large-scale projects in mining and smelting start up and achieve expected capacity on schedule? In most cases not. Regardless of worldwide location, company know-how, or financial backing, unforeseen delays occur. A comprehensive CRA study for the World Bank shows that delays are the rule, not the exception, in most mining and smelting projects. When delays are not factored into analysis and planning, financial projections are, literally, not to be believed. Returns on investment will seldom achieve their targeted level because of startup delays. This paper reviews the results of our analysis of startup of new mines, mills, and smelters; provides a detailed discussion of why delays occur in the smelters and refineries; presents the cash flow implications of startup delays; and discusses preventive measures that should be taken to avoid financial shortfalls,

Jan 1, 1983

By J. C. Agarwal

Most metals are produced from minerals containing one or more of the desired metals, some contaminating metals, silicate, oxides, carbonates, and sulfides. Therefore, in the production of metals, there is generally a gaseous effluent in pyrometallurgical processes and a liquid effluent in hydrometallurgical processes. There are also solid residues such as waste ore, tailings, dust, and slag, created by the metal recovery processes. There are two important distinctions between the effluents and the residues: I. Effluents ? gases and liquids ? affect the neighboring environment for miles from the point of emission, while residues affect only the soil on which they are stored or dumped. 2. The environmental and economic effects of effluents are known and felt essentially immediately. By contrast, the environmental effects of the residues may not be known for a long time. For these reasons, the economic impact and the potential corrective actions required are very different for effluents and residues.

Jan 1, 1992

By G. Richard Dreese, Harold L. Bryant

The coal mining industry has had a long history of successfully externalizing part of its costs. Thus the private or internal costs of coal mining have been minimized and the social or external costs have been ignored. The externalized costs have largely taken the form of water pollution from acid mine drainage and sedimentation of stream channels from eroding spoil banks and gob piles. The environmental problems created by strip mining are very conspicuous, so the public demand for legisla-

Jan 1, 1975

By G. Richard Dreese

Most coal mining states have passed or amended laws restricting strip ruining in the past two years. In light of this and in anticipation of further restrictions by the states and the federal government on strip mining this paper attempts to show the Impact of these new laws on the structure of the coal mining industry in Ohio and specifically on one small stripping firm in Ohio. The implications of the study are applicable to other states under similar circumstances and to other industries which are being caught up in the ecological-economic struggle.

Jan 1, 1973

By H. L. Bourne

The sand dunes which line the east shore of Lake Michigan resulted after the last, or Wisconsin, glacial period in Michigan. Melt-water streams carried vast quantities of glacial debris to the near shore areas of predecessors to Lake Michigan. As the lake levels receded, these vast quantities of sand were exposed to the prevailing westerly winds, which was the last major process that acted upon the sand and resulted in the formation of the dunes. 1 These dunes are one of the significant natural resources within the state. Michigan dune sands supply about 90% of the foundry sand used in the automotive industry, and 40% of the foundry sand used 2 for all purposes within the United States. The deposits owe their importance to the following factors: grain size distribution, grain shape, mineral composition and location with respect to the foundry sand market. In spite of their economic significance these I deposits are in jeopardy through legislative preemption.

Jan 1, 1975

By W. Trask

The state of the art in crawler transporters for loads to 3 kt (3300 st) is sufficiently advanced to allow compilation of job cost figures showing the economics of tracked vehicle use under a wide variety of circumstances. Initial costs, cost per ton of capacity, and operational and maintenance expenses are presented. Data is derived from participation by the Neil F. Lampson Co. in more than 3 Mt - km (2.05 million st - mile) of crawler operation during the past 16 years. The effects of economics on future design trends will be examined with particular reference to versatility, portability, and capacity.

Jan 1, 1987

By Cooper P. G

I he Electrolytic Refining and Smelting Company (ER&S) has oper- ated a copper smelter at Port Kembla, NSW since 1908. The feasibility of modernising the smelter was recently studied and external influences were shown to have a substantial impact on the project economics. Profita- bility is determined by the relative magnitudes of treatment charge income earned from processing raw materials and the operating costs incurred. Treatment charges are usually denominated in U.S. dollars and are deter- mined by market forces in the world copper industry. ER&S is no different from other Australian manufacturing industries in that it must maintain its competitive position by controlling costs. The modernisation project seeks to achieve this through new technology and improved labour Productivity.

Jan 1, 1988

By Heidecks C

Sub-level stoping with consolidated rockfill is the main method for mining steep dipping baryte and fluorite veins in Germany. Drifting is fully mechanised using drill jumbos, LHD units and shotcrete support. Stopes have heights up to 50 m with sub-level distances up to 15 m. Winning of the pillars between sub-levels is done by longhole blasting in slices of 3-5 m length on strike. Mucking is done on the lowermost level by LHD units. After each blast rockfill with binder (cement and/or fly ash) is dumped into the scope from the uppermost level. Economic success depends on both geological and technical parameters and factors, eg vein thickness and dip, ore grade, size and distance of sub-level drifts. Of particular influence are ore loss in pillar winning and dilution both in drifting on vein and in pillar mining. A comprehensive computer program has been developed for calculating the total cost per tonne run-of-mine ore respectively per tonne of concentrate for a single stope. The cost model includes development, longhole blasting, mucking and haulage to the mill, milling and ventilation. All costs (labour, energy, supplies, maintenance, depreciation and capital cost) are taken into account. Dilution and recovery are both considered. The program can be used to estimate the cost of mining a particular stope. It can also be used to investigate the influence of relevant parameters and factors on the economic result. By this way it should be possible to optimise the technical design of a stope.

Jan 1, 1995

By J. W. Miller

One of the major problems confronting coal producers in this highly competitive era is whether or not the potential profit to be made from the products of coal flotation would warrant the capital investment required for the necessary equipment. The author supplies two theoretical cases to illustrate methods for computing such costs.

Jan 3, 1961

Capital expenditure on sampling and blending is often very difficult to justify. The costs are easy to estimate but the benefits likely to be obtained by constructing good sampling and blending facilities are generally difficult to estimate. For instance, improving blending of the ore feed to a smelter would improve throughput, yield and controllability ... but by how much? Similarly, better sampling would allow processing conditions to be dynamically adjusted and would improve extraction ... but by how much? Predicting benefits often requires the use of simulation models which carefully distinguish between true grades, predicted grades and observed grades. The parameters of these simulation models must often be estimated from rather inadequate information. These difficulties are illustrated using three scenarios.

Jan 1, 2005

By C. C. Johnson

In the fourteen years that Rössing Uranium Limited has been in production, the metallurgical operations and controls on the leaching plant have evolved through four basic stages. Initially, the emphasis was placed on the achievement of consistent plant operation by overcoming severe startup difficulties. The second stage involved the attainment of the design operating targets, and also the commissioning of the ferric-leaching reactors in order to achieve a ferric ion concentration of more than 3,0 g/l. Improvements in control then became the priority, with the emphasis on consistently achieving the target concentrations of ferric ions, total iron, and terminal acidity. The latest phase has concentrated on the optimization of costs by means of adjustments to the historically established operating parameters in order to achieve large savings on consumables while maintaining the leaching efficiencies. Apart from the obvious incentive of reducing costs in an inflationary economy and a depressed uranium market, impetus for this work was given by a change in the type of ore from the open pit, which has the effect of reducing the extraction efficiency while increasing the consumption of consumable materials. These problems and their solutions are discussed in detail, and the importance to cost-effective optimization of an accurate, up-to-date cost-reporting structure is stressed.

Jan 1, 1990

By Franklin J. Kay

Introduction The methods used in surface, mining vary throughout the world, depending on many variables such as: the types of over- burden materials, the depth of the overburden, the thickness of the seam, and other operational choices, both financial and functional. However, the stripping machines are typically draglines, stripping shovels, excavators, scrapers, loaders, and bulldozers. In all cases the economic feasibility of mining thin seams depends on the market needs, the market location, the equipment used, the mine management, the quality of the coal, and the labor market. Slight negative combinations of these parameters have closed many mines while positive combinations allow others to exist. The limited mobility or slow movement of large stripping shovels, draglines, and bucket wheel excavators make them more economically fitted to areas where large quantities of overburden are to be moved. This is necessary to keep the transfer and setup time between pits a negligibly small percent of the total operational time. Equipment such as the scrapers, loaders, backhoes, trucks, and bulldozers that are either very mobile or can be trailered is more versatile and can be used in the smaller area mines.* Mobile equipment is also more practical in areas with shallow overburden because of the constant movement required while removing overburden. In thin coal seams the equipment is usually paired such that the operational equipment can be listed as: (1) dragline-loader, (2) shovel-truck- loader, (3) scraper-loader. (4) loader-truck-loader, or (5) loader-loader. In these operations the overburden is removed with the first machine(s) of the pairing and the loader or loaders are used for coal production. Recent articles in Coal Age (Chironis, 1978) and Mining Engineering (Wiebmer, 1978) have discussed varying philosophies in mining similar seams of coal. One operator uses draglines for competitive mining while the other uses scrapers for the same purpose. Both cite strong cases sup- porting their choice of equipment as good sound economic decisions and their success supports their choices. The drag-line operation is adding new larger draglines to decrease the cost of mining, rather than to increase coal production. The scraper operation has also gone to more and larger scrapers for basically the same reasons. These operations and all

Jan 1, 1981

By Koppe J. C, Dimitrakopoulos R, Costa J. F

Grade control and the delineation of ore/waste in open pit operations is traditionally based on the comparison of estimated grades with an economic cut-off. This paper deals with an alternative approach to grade control based on estimating gra

Jan 1, 1998