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The influence of Harold Hotelling?s work in the field of mineral economics is both unusual and outstanding. In the 66 years since its development, theory surrounding the economics of exhaustible resources has only been significantly researched since the early 1970s. At that time a wave of research into the economics of exhaustible resources arose from the threat of global resource scarcity and continued into the late 1990s. Current East Asian and global demand for natural resources as well as mineral and metal commodities, has stimulated interest in the optimal and sustainable exploitation of exhaustible resources to the point that the subject is worthy of review. Hotelling?s theory and the assumptions that he made in establishing a model for the optimal exploitation of mineral resources at the industry level and at the level of the individual mine owner, are examined. He showed that the rate of increase inexhaustible resource prices should be equivalent to the market rate of interest and that in a market with rising prices the rate of extraction should be constant. In markets where demand is stable optimal exploitation requires that the rate of extraction should decline over time, while in a monopoly market he showed that the rate of extraction is retarded. In addition, the effects of cumulative production on costs and prices, the uncertainty associated with estimates of the resource stock, the impact of exploration and issues of intergenerational equity are examined. An analysis of the optimal price path, extraction costs and mineral rents at an industry level is presented as a model. An analysis of the rates of production and optimal benefits at the individual mine level including total, average and marginal costs on the optimal rate of production, is considered. Optimal extraction rates for a mine with a clearly defined concave positive cost equation vary according to the position on the marginal cost curve. The influence of discount rates and the size of the ore reserves on the rates of mineral extraction are also examined and could define the frontier of usefulness for the ?economics of exhaustible resources?.

Jan 1, 2007

By J. M. Barnard, M. P. Brandt, L. E. Korwin-Kossakowski, W. H. Smith

Petrographic analyses of coal rank and maceral-group composition are widely used in the characterization of coal. This paper describes the use of an image analyser (IBAS Kontron) for fuly automated measurements of the rank and maceral groups of seam coals. The rank is then derived from reflectance histograms, or 'fingerprints', of coal reflectance distributions (being expressed as the mean random reflectance of vitrinite). The volume proportions of the maceral groups are calculated from the histograms. The results obtained with the IBAS were generally in agreement with those obtained by conventional methods of reflectance measurement and point-count analysis. However, the results were inconsistent for coals with a bimodal character or a wide V-class distribution. The rank of the analysed coals ranged from 0,50 to 1,10 per cent mean random reflectance. The lowest reflectance that can be analysed with the IBAS is 0,4 per cent. The speed, objectiveness, and repeatability of this technique make it exceptionally suitable for use in the quality control of large numbers of samples.

Jan 1, 1990

By L. G. Austin

The paper summarizes the current state of development of simulation models for SAG and FAG mills, and gives the results of recent investigations of the physical processes occurring in autogenous grinding. The breakage process is treated as the sum of three regions of breakage actions: normal breakage caused by nipping of particles between media (steel balls or pebbles); abnormal breakage caused by media when the particle or lump is too big in relation to the media to be readily nipped; and self-breakage resulting from the chip¬ping fracture and abrasion of the tumbling action of rock lumps. Each region of breakage action has associated specific rates of breakage and primary progeny fragment distributions. A simplified form of the model was used to predict the performance of an 8 m diameter SAG mill with L/D = 0.5 grinding a copper ore, and predicted maximum capacity and minimum kWh/ton at about 6% ball load at 25% total filling. Two FAG mills of L/D = 2 were necessary to give the same capacity, and the simulations indicated a lower kWh/ton for these mills. For this ore, both systems were technically feasible.

Jan 1, 1987

By S. O. Choi, C. Park, C. Sunwoo

Two methods of stress measurements have been executed on the surface and underground to con-struct an oil storage cavern using hydro-fracturing and overcoring method. The first measurement has been performed to make a design of the caverns before excavating and the second to confirm the stress state during excavation. Six measurements have been carried out in the hydro-fracturing test at the depths between –17.8 and 54.5m from the sea level and a single measurement in the overcoring test in a single borehole at the depth of –21m from the sea level. The ratios of the maximum horizontal to vertical stress measured using hydro-fracturing and overcoring method are 2.95 and 3.1, respectively. Also, the orientations of the maximum horizontal stress are N53E and N58E. These measurements show that both methods give almost same results and significant horizontal stresses are acting on this cavern. Deux méthodes de mesure de contrainte ont étè exécutées sur la surface de terrain et sous la terre pour construire une cavité de stockage de pétrole en utilisant l’hydro-fracturing et l’overcoring. La première mesure a étè faite pour le plan des cavités avant l’excavation et le seconde pour con-firmer l’état de contrainte durant l’excavation. Six measures ont étè faites dans le teste de l’hydro-fracturing à la profondeur entre –17.8 et 54.5m depuis l’élèvation maritime. Une seule mesure a étè faite dans le teste de l’overcoring dans une seule trou de songdage à la profondeur de –21m. Le ratios de la maximale contrainte horizontale à la contrainte verticale mesure par les deux méthodes sont 2.95 et 3.1, respectivement. Les orientations de la maximale contrainte horizontale sont N53E et N58E. Ce montre que les deux méthodes donnent presque m me résultats et la contrainte im-portante est activée sur ces cavités. Zwei Druckmessungen wurden durchgeführt auf der Erdoberfläche und im Innern von Ölspeicher-kavernen unter vergleichender Anwendung des Hydrofraktionierungs- und des Kernbohrungsver-fahrens. Die erste Messung wurde durchgeführt um einen Plan der Kavernen vor der Herstellung zu erstellen und die zweite um die Druckverhältnisse während der Bohrung zu überprüfen. Sechs Messugnen wurden mit der Hydrofraktionierungsmethode bei einer Tiefe von 17,8m und 54,5m unter dem Meeresspiegel und eine einzige Messung mit der Kernbohrungsmethode in einem Bohr-loch bei einer Tiefe von 21m unter dem Meeresspiegel vorgenommen. Das Verhältnis von maxi-malem horizontalem zu vertikalem Druck bei der Hydrofraktions- und der Kernbohrungsmedthode ist 2,95 bzw. 3,1. Die Bezugspunkte des maximalen horizontalen Drucks in beiden Verfahren sind N53E und N58E.

Jan 1, 2003

The Gold Medal of the Institution for Mining and Metallurgy for 1978 was awarded to Adriaan Louw at the Annual General Meeting of that Institution in London on 17th May, 1979. The award was made for distinguished services to the mining industry in South Africa.

Jan 1, 1979

Each year the South African Institute of Mining and Metallurgy offers a prize (or prizes should the entries warrant it) of up to RlOO for the best paper or dissertation on a topic appropriate to the interests of the Institute. The competition is open to all Student Members of the Institute. A Student Member who is in fulltime study at a university may submit the dissertation or thesis he has to write in part fulfilment of his university degree, provided that it is presented in a manner and on a topic suitable for publication in the journal. Entries for 1976 should reach the Institute by 31st December, 1976.

Jan 10, 1976

A prize awarded by the SAIMM for outstanding academic achievement by 4th-year and 5th-year diplomates at technikons was instituted several years ago. The Senior Vice-President, Mr J.D. Austin, accompanied by the Institute's Secretary, Mrs D. Gardner, attended a prize-awarding function in the form of a luncheon at the Hotel School of the Technikon Witwatersrand on the 25th May.

Jan 1, 1984

By C. A. Snyders

The research presented in this paper investigated the practical aspects of the recovery of platinum group metals (PGMs) from a dilute cyanide leach solution containing base metals, in a manner similar to that used for gold extraction in a typical CIP process, and focuses on both the adsorption and elution stages. The carrier-phase extraction of precious metals using activated carbon offers significant advantages over other processes in terms of simplicity, the high pre-concentration factor, rapid phase separation, and relatively low capital and operating costs. As a sorbent, activated carbon is still by far the most important material because of its large surface area, high adsorption capacity, porous structure, negligible environmental toxicity, low cost, and high purity standards. Adsorption tests were conducted on a pregnant alkaline leach solution (0.15 ppm Pt, 0.38 ppm Pd, 0.1 ppm Au) resulting from cyanide extraction performed in column leach tests. The initial adsorption rates of Pt, Pd, and Au were very fast and recoveries of these three metals were approximately 90 per cent after 2 hours, and 100 per cent for Pt, 97.4 per cent for Pd, and 99.9 per cent for Au after 72 hours. The parameters that influence the extraction of PGMs and Au were examined to assess their relative importance during the adsorption process in order to provide the basis for process optimization. The concentration of thiocyanate was not identified as significant factor for PGMs adsorption, while Ni concentration was the most significant extraction process parameter. Base metal cyanide complexes adsorb and compete with the PGM complexes for sites on activated carbon, and while copper adsorption can be minimized by adjusting the residence time, Ni adsorbs at approximately the same rate as the PGMs, influencing the loading capacity and adsorption kinetics of the PGMs. The feasibility of eluting platinum and palladium cyanide complexes from activated carbon using an analogue of the AARL process was investigated. Platinum and palladium elute from activated carbon almost to completion in 4 to 5 bed volumes at 80°C, while the elution of gold at this temperature is slow, with a significant amount of gold still to be eluted after 16 bed volumes. The equilibrium loading of gold is exothermic in nature (Fleming and Nicol, 1984) which will result in an increase in gold elution kinetics with an increase in temperature at similar pre-treatment conditions. A similar result was found for the elution of Pt and Pd. Cyanide pre-treatment was found to have a significant influence on PGM elution. Higher cyanide concentration in the pre-treatment step results in more efficient elution up to a point, and results suggest the possibility of an optimum cyanide concentration, beyond which elution efficiency starts decreasing due to increased ionic strength.

Jan 1, 2013

World refrigeration expert Professor Gunter Heinrich, at the invitation of the School of Mechanical Engineering at the University of the Witwatesrand (Wits), recently addressed industry representatives in Johannesburg on alternative refrigerants.

Jan 1, 1994

By M. Kamali

In this research, in order to predict the peak particle velocity (PPV)(as vibration indicator) caused by blasting projects in the excavations of the Karoun III power plant and dam, three techniques including statistical, empirical, and neural network were used and their results were interpreted and compared. First, multivariate regression analysis (MVRA) was used as statistical approach. Next, PPV was predicted using some widely used empirical models. Lastly, an artificial neural network was used. In the ANN model, maximum charge per delay, total charge per round, distance from blast site, direction of firing, blasthole length, number of blastholes, total delay in milliseconds, number of delay intervals, and average specific charge were taken into consideration as input parameters and consequently the PPV as output parameter. The results of the techniques were interpreted from two points of view. Firstly, the correlation between the observed data and predicted ones, secondly the total error between observed data and predicted ones. The MVRA had a satisfactory correlation but its error of estimation was comparatively very high. The empirical model had reliable correlation and a small error of estimation; in total the results of empirical method were more reliable than those of MVRA. Generally, the ANN approach showed very high correlation and a very small error. The results of this research indicated that the ANN model is the best predicting model for PPV in comparison with other approaches.

Jan 1, 2010

By K. R. Vost

Most theoretical methods for the prediction of air-temperature gradients in underground airways always assume that the temperature of the entering air either remains constant or has only a slow seasonal variation. Large changes of temperature, caused by variations in atmospheric conditions on the surface, were measured in a fourteen-day period in air entering a horizontal airway. The changes in wet-bulb temperature were damped along the airway less uniformly than the dry-bulb changes; significant variations occurred in the wet-bulb temperature of the air leaving the airway. The damping was .associated with large variations in air-temperature gradients. Other causes of rapid changes In temperature are discussed. These changes must be taken into account in predictions of the frequency with which undesirable conditions can be exceeded at critical points in the ventilation circuit of a mine to allow proper planning of ventilation and refrigeration requirements.

Jan 1, 1977

By J. J. C. Heynike

The relationship between population growth and steel consumption since the beginning of the twentieth century is indicated, reference being made to the increasing capacity of production units and the resultant increased pollution in the same area. The need for the control of fugitive emissions with its associated high cost is pointed out. There is a direct relationship between energy and pollution, and examples are given of several improvements that have been made to achieve better energy usage and reduced pollution. Several practical examples of air-pollution control systems are described as applicable to the main metallurgical steel processes of today. In conclusion, reference is made to the fact that, with the improvements attained in reducing pollution, the public will not tolerate a decline in the standards already attained. Environmental control and better energy utilization will continue to be important aspects of steel-plant design and operation.

Jan 1, 1978

By F. T. Cawood

Despite economic law and policy instruments with righteous intentions, the politics of resource nationalism could render these instruments unworkable. South Africa is a case in point. After the establishment of democracy, the country's outdated law and policy framework was replaced with a modern system, and in many respects an exemplary one. Converting the privately-owned mineral right system into a scheme of state custodianship allowed for several resource nationalism instruments, in addition to a resources royalty structure that first, compensates for the loss of a non-renewable resource; second, provides for optimal resource use through encouraging value addition to mineral production; and third, effectively targets economic rents. However, despite these improvements, the country went through a process of fierce debate on whether or not mines should be nationalized: the debate was fuelled by public anger with claims of political non-delivery. The result was considerable noise because of public unawareness of facts and distortion of the facts in political rhetoric. The purpose of this article is, first, to establish the status of resource nationalism in South Africa's mineral and fiscal frameworks; second, to give an opinion on the findings of the African National Congress's document on state intervention (Maximising the Developmental Impact of the People's Mineral Assets: State Intervention in the Minerals Sector (SIMS), 2012); and third, to fruitfully contribute to the fundamental discussion on how South Africans benefit from their mineral riches. The methodology is to start with explaining resource nationalism as an international issue for the extractive industries; then to offer an overview of existing resource nationalism instruments in South Africa-along with their effectiveness in attracting rents and investment. The major finding is that South Africa has resource nationalism firmly ingrained in its current suite of instruments. However, it is necessary to address the perceptions of bad governance, and above all, maintain the stability of the rules governing mineral development in South Africa.

Jan 1, 2013

MASSMIN 92 edited by H.W. Glen. Johannesburg, The South African Institute of Mining and Metallurgy, 1992. xiii, 485pp. ill. 30 cm. (SAIMM Symposium Series S12). Includes bibliographies. ISBN 1-874832-18-8. R342 (MemberR285; Student Member R218,88. Available in Australia from the AMF Bookshop, 63 Conyngham Street, Glenside, SA 5065 at $A171.00 (approx). This volume is the twelfth in a series of symposia published by The South African Institute of Mining and Metallurgy since 1962. This particular meeting addressed the subject of the underground mining of massive ore bodies.

Jan 1, 1994

By D. A. Vetter

A novel mathematical model is presented which describes the behaviour of beds of particles, of uniform size and shape but different densities, during autogenous separations. The approach used in the formulation of the dispersion model is a phenomenological one based on a statistical view, which leads to a diffusion-like representation of the autogenous-separation process. Although the model currently considers only density-related phenomena, it accounts quantitatively not only for the density-segregation aspects of the process but for the interactions between the particles. Quantitative predictions of the dispersion model are compared with the results obtained in tests using a specially constructed experimental batch jig, and it is shown that the model provides an adequate quantitative description of the process for particles of uniform size and shape. It is pointed out that, for the description of more complicated autogenous separations, a more rigorous formulation of the particle drag and density-segregation terms will have to be incorporated into the dispersion model. Nonetheless it is concluded that the model as presented in this paper provides not only a novel insight into the mechanisms of autogenous separations but a means by which to analyse similar systems.

Jan 1, 1987

By Willem J. Marais

The management of unpaved mine road networks on large surface mines rarely results in optimal road maintenance strategies and minimised total road-user costs. This is ascribed mostly to the complex and dynamic combination of variable road networks and loading and discharge points. In a dynamic mining environment - typically those mines in which production is managed by a centralised truck dispatch system ? there is no guarantee that a particular road maintenance intervention will contribute significantly to reducing total road-user costs or increasing productivity. Most large surface mines operating ultra-heavy mine trucks rely on an integrated on-board diagnostic data collation, communication and GPS-asset location system as a real-time fleet management tool. By extending this system to incorporate a multi-sensor analytical procedure in which specific truck vital signs are monitored and filtered, a road defect can be recognised and a trigger level set to relay the location of defects on the mine haul road to the centralised truck data management system. Previous work established the feasibility of the multi-sensor approach to road defect recognition on large mine haul trucks, and outlined the defect recognition, analytical and modelling issues and system limitations. This paper presents the development of the analytical procedure used as a basis for evaluating the truck on-board data to establish maintenance priorities amongst a network of mine roads. Following an introduction to the system architecture, the results of system field trials are analysed and the results discussed in the light of defect density and traffic volume as the primary variables in an approach to prioritising road maintenance. The paper concludes that by supplementing the existing mine communication and asset management systems, road maintenance can be managed on a near real-time basis and maintenance equipment dispatched to where most immediate benefit will realised from a maintenance intervention on the network, thereby generating the maximum improvement in service and reduction in cost per ton hauled.

Jan 1, 2008

By P. King

In considering the available reserves of coal, the author points to the importance of improved recovery, and defines three extraction ratios: the geological extraction ratio (or exploitation factor), the economic extraction ratio (or mining factor), and the geometrical extraction ratio (or volumetric extraction factor). He discusses the factors affecting each of these ratios, and concludes that, although geological factors cannot be considered in isolation from technical and economic factors, the geological extraction factor is the most significant criterion of whether the best use is being made of coal resources.

Jan 1, 1980

By P. G. Terrazas Prado

This paper presents the results of research on the development and application of a custom-made truck cycle and delay automated data collection system (TCD-ADCS) in a surface coal mining. Truck cycle and delay field data are locally stored in trucks and then synchronized and replicated through a wireless network into a centralized server containing an already-developed integrated production management system (IPMS). The system relies on motion sensing and distance travelled in order to automatically define the cycle starting/ending points, cycle time, position, and delay time. Connectivity and communication between loading equipment and trucks are also established. Communication between the equipment operators and TCD-ADCS system is via a user-friendly graphic interface. The hardware used for the development of this system consists of a rugged touch-screen personal computer, 2.4 GHz radio transmitter antenna, and a commercial GPS receiver. The system was developed, tested, and deployed at a surface coal mine in the USA. Keywords surface coal mining, truck and shovel, data collection, information systems.

Nov 1, 2013

British Mining Fields, by J. E. Metcalf. Published by the Institution of Mining and Metallurgy, London, 1969. Price 50s. (Students, 30s.). A 100 years or so ago Britain's mining industry led the world in the production of coal and base metals. Although she still maintains a sizeable-and, under the circumstances, remarkably progressive-coal mining industry, her production of most other base minerals has long since been dwarfed by mining fields in the Americas Africa, Australia and the U.S.S.R. Nevertheless the story of mining in Britain is of wider interest than the present scale of operations there might suggest, if only because the domestic British mining industry has in terms of finance, technology and manpower been the fons et origo of many highly productive mining fields outside Britain, including the Witwatersrand goldfields. British Mining Fields was published by the Institute of Mining and Metallurgy to give delegates attending the Ninth Commonwealth Mining and Metallurgical Conference a succinct account of mining in Britain. The main emphasis is on underground mining of base minerals-treated regionally-with separate chapters on coal and gypsum. The author strikes an admirable balance between historical aspects, geological origin and environment of ore deposits, mining methods and economic factors, and provides a few key references for those who wish to make deeper studies. This is exactly the sort of booklet one often wishes were available on South African mining.

By A. Dabbagh

The aim of this research was to investigate the effect of coke particle size on the thermal profile of the charge bed in the sintering process of iron ore. Six different ranges of coke particle size that could be used in practice in the sintering line of Esfahan Steel Company (ESCO) were used while parameters such as ratios and particle sizes of other ingredients, ignition temperature, and suction power were kept constant. Thermal profiles were obtained by measuring the temperature changes at three points in the sintering bed. The influence of coke particle size on rate of temperature rise, maximum temperature of the sintering bed, and the flame front velocity of the sintering bed was determined by analysing the thermal profiles. Moreover, the cold strengths of the sinters were measured using the Tumbler method. The results indicated that the coke particle size has a significant impact on the thermal properties of the sintering bed. Based on the results, a coke particle size between 0.212 mm and 3.350 mm was determined as the optimal range for the specific conditions in the sintering line of ESCO. Keywords iron ore sintering, coke particle size, thermal profile, flame front velocity, Tumbler index.

Dec 1, 2013