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By Armine F. Banfield

The Purpose of the Paper It is fitting that the first paper of a session on the Financial Aspects of Mining should be on the basic data upon which any financial discussion of a mining project must be based. The history of a mining project starts with exploration in an area considered geologically favorable for mineralization and culminates in the discovery of a body of valuable mineral material commonly known as a mineral deposit. Subsequently more detailed exploration establishes the approximate size, shape, tonnage and average grade of the deposit by surface and/or underground drilling, -surface trenching and/or underground workings. Some preliminary metallurgical testing and other studies, as required, are made at this time. Development work is then carried out to provide representative samples for determining flowsheet and metallurgical balances, preparing the deposit for production and establishing more firmly the grade and mining characteristics of the deposit. A feasibility study is then made of the engineering aspects of the project including the estimation of operating coats, the capital required to place the deposit into production, profit and return on investment. A valuation of the deposit

Jan 1, 1972

By W. W. Dudley

The U.S. Geological Survey, in support of underground testing of nuclear explosives, has developed a technique (Dudley, 1910) to predict the inflow of ground water to large underground chambers that are cylindrical in shape. By treating the chamber as a large-diameter well pumped at constant drawdown, the nonsteady discharge can be computed by the method of Hantush (1961) for analyzing flowing wells under leaky artesian conditions. In mining applications, whether for mineral recovery or for nuclear testing, the most serious departure from the conditions of Hantush's model results from the gradual enlargement of the opening under drained conditions. Inherent in the analytical technique is that the "well" is fully completed at the time that dewatering begins. Because safety is the prime concern, however, initial pumping systems or personnel evacuation procedures must be designed to handle the greatest conceivable inflow. DEFINITIONS Because somewhat different meanings are attached to similar words in different technical fields, the U.S. Geological Survey definitions (Lohman, 1970) of several hydrologic terms used in this report are given below. An aquifer is a formation, group of formations, or part of a formation that contains sufficient saturated permeable material to yield significant quantities of water to wells, and springs. A confining bed is a body of material lying stratigraphically adjacent to one or more aquifers and having a hydraulic conductivity distinctly lower than that of the aquifer. The total head (dimensions L) of a liquid at a given point is the sum of three components: (1) elevation head, he, which is equal to the elevation of the point above a datum; (2) pressure head, hp, which is the height of a column of static water that can be supported by the static pressure at the point; and (3) velocity head, hv, which is the height the kinetic energy of the liquid is

Jan 1, 1971

"How Wall Street Darling Molycorp Undermined the U.S. Economy, Degraded our National Security and Distorted the Global Economic Balance and How These Falsehoods Continue to be Promoted Even Today INTRODUCTION & SUMMARY In 2007 the Molycorp Mountain Pass rare earth mine was resurrected from its desert-grave in California by its then-owner Chevron Mining. Responding to elevated rare earth prices Chevron began processing on-site rare earth concentrates left over from past mining operations that were terminated in 1998i. Chinese demand had sparked what was being described as a commodities super-cycleii. Commodity prices were on the move. Wall Street smelled opportunity. In 2008 Goldman Sachs, Pegasus Partners, Resource Capital Funds, Traxys North America LLC and Carint Group LLC acquired the mining assets from Chevron. In an environment of ever-declining ethical standards and regulatory consequences the private capital group and their investment bankers would bring Molycorp to market. Molycorp, with its high powered investment banking team of Morgan Stanley and J.P. Morganiii, easily dominated the contest. Molycorp promoted itself, largely based on its past operating history and proven reserves, as the best company to challenge China’s monopoly control over the production of rare earths: a group of elements critical to most advanced technologies and U.S. defense systemsiv. Most of Wall Street’s hottest investment sectors were dependent on these materials: alternative energy, green technologies, computing, personal communications, advanced electronics and defense systems. By late 2010 there were dozens of prospective rare earth start-up ‘mining companies’ seeking capital. Eventually the number of prospective rare earth mining companies seeking capital exceeded 400, despite the reality that supply requirements of this market were disproportionally small when compared to other natural resource sectorsv. In the world of finance ‘smart money’ picks the winners. Consequently just twovi projects attracted nearly all of the capital (Molycorp and Lynas). Wall street picked Molycorpvii. This paper will primarily focus on Molycorp. By early 2010 the words “Molycorp” and “Rare Earths” electrified many people in the mining industry, most non-Chinese manufacturing technology companies, U.S. & allied defense contractors, technocrats in the U.S. national security community and eager investors across most of the world’s stock markets. It was the hottest story of the yearviii. The financial, technology and defense press coverage verged on euphoric: heaping fuel on fuel until the highly combustible Molycorp-pyre cast a long shadow over all of its rivalsix. When the IPO match was lit the spectacular flaming pyre sucked all of the oxygen out of the rare earth spacex. Molycorp was ranked the most lucrative IPO of 2010, resulting in record breaking profits to its private investors and massive returns for its early stock holding investors."

Jan 1, 2017

By David K. Hylbert

This study investigated roof falls in room-and-pillar drift coal mines in eastern Kentucky and utilized geologic methods for predicting roof conditions in advance of mining. In the Highsplint mine, the roof was classified in four categories or conditions: Condition A and B (Laminated Shale), Condition C (Rolling Sandstone with Shale in Pockets) and Condition D (Zone of Major Sandstone Roll(s)). Structure contour and isopach maps of the Darby coal bed and associated immediate roof rocks were used to project axial trends of the sandstone roof. Trend mapping in the mine and on outcrop provided more detailed control for roof projections.

Jan 1, 1978

By G. E. Erdman

This paper presents talc milling guided by a theme of "So You Want to Be In The Talc Business". Such a theme strikes a cautionary note to warn the uninitiated of potential pitfalls, and this paper will cover briefly some of the technical traps as well as one of the larger talc milling operations. It is important to our purpose to pre- sent some of the market and mineral complications that make the business of producing and selling industrial talcs much more intricate than an outsider would perceive. Metal markets by comparison are great worldwide pools into which production streams of generally identical metals can flow over a weir of market prices. Industrial talc markets are not as well defined and often must be developed by the producer working closely with a specific customer or groups of customers to prove out the attributes of the specific product from a new property. All the negatives of a new market seem to work against the introductory talc in the forms of industry or customer reluctance to change, sales prices, cost of delivery, mode of transportation, health considerations of the minerals and many more. Just locating the potential customers for a new industrial talc may be a substantial undertaking. Thus, an analogy of the worldwide metal market might compare starting a new talc operation to trying to gather up enough fallen rain drops to be able to start a production stream of a worthwhile size.

Jan 1, 1984

By A. C. Barlow

The use of deep wells for waste disposal is not a new technique. The production phase of the oil industry has been using this method to dispose of unwanted oil field brine since the 1930's The adoption of this method by other branches of industry, however, to dispose of manufactured wastes is a relatively new development, but one which is finding increased use (2). Deep well waste disposal is not an ordinary technique even though it is finding relatively wide application. In fact, just the opposite is true; it is still a rather extraordinary measure. It is not now, nor is it ever likely to be a disposal method which can be assured of success before it is tried.

Jan 1, 1964

By N. H. Coates

The Bureau of Mines designed, constructed, and operated an 18-inch- diameter, fluidized-bed combustor for highly caking coals to evaluate the method for possible application to power generation. In initial tests, combustion was carried on successfully, with carbon losses as low as 0.8 percent. Coal ash was not satisfactory as a bed material, but mullite proved to be acceptable. Overall heat-transfer coefficients from the bed (-20 + 50 mesh mullite) to a water-cooled tube were about 75 Btu/hr-ft2- °F.

Jan 1, 1970

By C. I. Richman

The E h potential during of a iron reducing bacteria such as Aquaspirillum Magnetotacticum (A.M.) can be predicted by a growth model. It also reflects the adsorption of Fe+2 Cu+2 and Mn +2 ions, that can be incorporated into magnetic material called magnetosomes. The Ferric ion concentration during controlled growth of Thiobacillus Ferrooxidans (T.F.) is a function of the bacteria population curve, while A. M. ferrous ion concentration is a function of the integral of the population curve. Charting of the redox potential of T.F. during batch oxidation of refractory ores such as pyrite and pyrrhotite can be helpful to establishing onset and rate the bulk bio-oxidation rate. The onset of biooxidation is marked by an increase in Fe +3 ions that can be correlated with increased growth due to adsorbed electrons.

Jan 1, 1998

By Frank A. Jerabek

Pneumatic stowing was first introduced in longwall mining in the middle twenties. Since that time it has advanced through many stages of development, particularly abroad, which have greatly improved its efficiency and contributed to its growing use. Pneumatic stowing originated in coal mining but has also been adopted in metal mining. This paper discusses the techniques of pneumatic conveying of. stowing material and equipment and applications of pneumatic stowing.

Jan 1, 1966

By V. Svalbonas, S. M. Jones, A. Boughey

In June 1998, the world's largest grinding mill, the 40 ft (12.2 m) diameter 20 MW Cadia gearless SAG mill, was commissioned. This was a leap of over40% above the largest operating SAG mill. A significant saving in capital cost gave the incentive necessary for a single mill line at Cadia, resulting in the selection of the 40 ft (12.2 m) diameter mill. Now, after 18 months of operation, this paper will review the significant items involved in the development, design, manufacture, installation, and operation of this mill.

Jan 1, 2000

By Richard H. Follis

Activated carbons used for precious metal recovery from carbon-in­pulp (CIP), carbon-In-leach (CIL) and carbon-in-column (CIC) circuits often become fouled with Inorganic precipitates (i.e., CaCOa, CaS04, SI02), and adsorbed organics (I.e., petroleum distillates from lubricants, dissolution products from wood) (1,2). These contaminants occlude carbon pore structure, such that diffusion controlled adsorption and desorption (elution) of Au(CN)2-and Ag(CN)2· are lmpeded(3,4l. Thus, after only short exposure to the hydrometallurgical environment, the characteristic carbon activity is reduced(5l. By frequently regenerating circuit carbons, activity losses associated with fouling can usually be minimized. Regeneration typically Involves (not necessarily Is this order): 1) elution to remove adsorbed ionic species (e.g., until they are removed from the carbon pore structure, Au(CN)2" and Ag(CN)2-are contaminants )(6l; 2) acid washing with 3-15% (wt/wt) hydro­chloric acid, to dissolve soluble Inorganic precipitates such as CaC03; 3) neutralization and/or water rinsing to remove residual acid; 4) thermal regeneration at 350-650 °C to remove adsorbed and/or pyrolyzed organ­ics; and 5) screening to remove fine carbon particles produced by Impaction and abrasion in the various stages of the hydrometallurgical circuit (i.e., adsorption, elution, and regeneration). The overall process Is purposed to reopen the circuit carbon pore structure, and to maintain the activity and qualities of virgin (new) carbon(7,8l. While most CIP, CIL and CIC operators regenerate circuit carbons, few evaluate the effect of the process on carbon quality in a systematic way. Process control usually Involves Iterating critical regeneration parameters such as: acid concentration; time frames for acid washing and water rinsing; and temperature and residence time for thermal regeneration. Carbon quality control frequently comprises only sporadic activity tests performed on non-representative grab samples dipped from conve­niently accessed carbon storage bins. So, regenerated carbon quality may vary and (at times) be unacceptable for effective hydrometallurglcal circuit operation. To verify the efficacy of the regeneration process and assure accept­able adsorption and elution rates for Au(CN)2· and Ag(CN)2·, operators should systematically assess regenerated circuit carbon quality. This paper, then, suggests methods for effectively assessing circuit carbon quality, Including: carbon sampling procedures; standardized physical and chemical test methods; and criteria and general procedures for comparative adsorption rate (activity) testing. Also, a two tier quality control testing scheme is proposed, and techniques for presenting and interpreting test data are demonstrated.

Jan 1, 1992

By J. Philip Bromberg

Any effectuation of a viable program of air pollution control will' require a basic understanding of the chemistry of atmospheric processes, the fate and migration of SO2, and the ultimate health effects of the sulfur oxides themselves. The migration and ultimate fate of Sop discharged into the atmosphere will be discussed with particular emphasis on the various conflicting views and how these relate to our present emission control regulations. Our present lack of knowledge is a severe detriment, and consideration will be given to those particular areas where future research may best be directed to provide the answers to a number of perplexing questions.

Jan 1, 1976

By Pedro Sanchez-Mejorada

Laguna del Rey is the name of a dry lake bed located in the State of Coahuila, Mexico in a semi-desertic terrain typical of the basin and range physiography. Química del Rey, S.A., a subsidiary of Industrias Peñoles, has been producing sodium sulphate since 20 years ago, from brines pumped from the sub-surface of the present playa. The spent brine is used as raw material for the production of magnesium oxide. An extensive, lenticular deposit is found just below the playa. It consists mostly of glauberite (sodium-calcium sulphate) and blöedite (sodium-magnesium sulphate). The glauberite occurs as thin crystals oriented at random and leave many void spaces among them. These intercrystalline spaces are partly filled with mud, but the whole mass of the evaporite is still very porous. A brine that contains in solution ions of sodium, magnesium, sulphate and chlorine occupies the voids of the sponge-like evaporite body.

Jan 1, 1984

By Gennaro G. Marino

This paper summarizes and evaluates data on mine subsidence ground movements and associated damage for houses in Illinois. Based on the data collected, the response of homes to subsidence ground movements is expressed in terms of repair costs. A damage criteria is then proposed that relates the ground movements and damage levels. The data were collected as part of a comprehen¬sive study performed for the Illinois Abandoned ?Lined Lands Reclamation Council, A -M-RC, by the Civil Engineering Department at the University of Illinois, and probably will be published in late 1934 by the council. The study concentrated its efforts on surface ground movements and the effects to houses over abandoned room and pillar mines. The resultant surface subsidences are commonly dish or bowl shaped and are termed sags. Method of Analysis The steps in analysis used to arrive at the proposed damage criteria are: 1. Canvas and rap subsidence damage in houses, 2. Assess the associated ground movements, 3. Estimate the damage repair cost, 4. Develop a damage/repair level classifica¬tion, 5. Correlate the associated ground movement, damage/repair level and home construction type, 6. Propose a damage criteria.

Jan 1, 1984

By H. H. Murray

Abstract. World reserves of bauxite are abundant. Domestic reserves are limited and as a consequence the United States must rely on foreign suppliers for over 90 percent of its bauxite. Nationalization of many bauxite mining operations, levying of higher taxes, increased production and transportation costs, and attempts to create a uniform market price combined to place the United States in a vulnerable position. Alumina from kaolin, alunite, anorthosite, and oil shale have-been-or are being evaluated. World bauxite reserves are increasing and attempts to establish a uniform price have failed; therefore, it may be many years before domestic non-bauxite sources of alumina can compete with imported foreign bauxite.

Jan 1, 1980

By Wen H. Su

Extensive investigation has been conducted to determine the causes of a series of roof falls occurring in a room-and-pillar working located in southern West Virginia. Underground observation, along with laboratory testings and finite element analyses were conducted to search for possible mechanisms for the roof falls. Results of the investigation have led to a better understanding of the mechanisms involved in the roof falls. Necessary modifications of mine layout and roof support plan are proposed for improving safety and profitability at the mine.

Jan 1, 1984

By D. G. Kotlyar

Oxidized sulfide minerals, commonly formed by weathering, increasingly are becoming important resources as primary sulfide deposits are depleted. Oxidation, in general, reduces selectivity and recovery in flotation. The objective of this research was to determine the mechanisms of oxidation and collector adsorption in sulfide systems as a step towards developing improved technologies for beneficiation of oxidized sulfides. Data from microcell flotation tests are combined with electrochemical and spectrophotometric measurements. The adsorption of ethyl xanthate (EX) on oxidized sulfides was characterized using AC impedance techniques and correlated to flotation response. The floatability of chalcocite, chalcopyrite and pyrite was dependent on the extent of oxidation. Oxidation for 1?) d at 65? C inhibited flotation of chalcocite, and chalcopyrite even after the addition of a large amount (1 x 10') M) of collector. Heavily oxidized (27 d) chalcocite remained unfloatable. However, longer oxidation of pyrite and chalcopyrite restored the floatability. Oxidation resulted in an electrically resistive, nonporous surface layer.

Jan 1, 1993

By Brig M. Moudgil

It was reported earlier that francolite and dolomite from the South Florida deposits cannot be selectively floated using conventional conditioning with sodium oleate as the collector. However, dolomite could be separated from francolite if the minerals were first conditioned at pH 10 followed by reconditioning at a lower pH. An optimum separation was achieved at a reconditioning pH below 4.5. Reconditioning pH and collector concentration were determined to exert a major influence on the selectivity. Flotation, adsorption and transmission infrared spectroscopic results are presented to elucidate the mechanisms underlying the observed selectivity.

Jan 1, 1984

By VIVEK KUMAR HIMANSHU, Murari Prasad Roy, Kaushik Dey, Rakesh Kumar Singh, Ashish Kumar Vishwakarma

Sublevel stoping is the most popular and practiced mining method in underground hard rock mines. Proper planning and its execution is the key requirement for stope extraction using this method. The stope extraction has been a challenging task since decades. The major reason is the unavailability of free faces as compared to opencast bench blasting. The geological and geotechnical parameters change gradually even within the stope itself. So, the blast design parameters should be planned according to the scenario of the upcoming ring. The blast design parameters like burden, toe spacing, inclination of blastholes, diameter of blastholes, charge density of explosive, etc., play an immense role in the rock damage. For the proper breakage of rock, the movement of burden is the prime objective. To study this, an explicit dynamic based modeler of M/s Ansys was used. The burden values were varied from 20 to 65 times of blasthole diameter to assess the optimum burden value during the study. The models were simulated for the rock having uniaxial compressive strength as 35 MPa and 102 mm blasthole diameter. Three holes were simulated having depth around 14–14.5 m. Different blast design parameters and respective blast-induced ground vibration have also been measured at the experimental site. The core samples of the rock present at the experimental site have been used for the evaluation of geotechnical parameters. These geotechnical parameters were used in the simulation models. The volume of rock excavated along the free face has been calculated in each model by varying the burden. It has been found that the burden value can varies from 35 to 40 times blasthole diameter (3.6–4.1 m) to achieve a greater volume of rock along the free face for 102 mm blasthole diameter and rock of 35 MPa uniaxial compressive strength.

Dec 22, 2023

By M. F. Martin

Dewatering aids are chemicals which enhance the efficiency of mechanical dewatering equipment such as vacuum disc filters and centrifugal dryers. A new dewatering aid has been developed which significantly lowers the moisture content of the mineral concentrate and causes none of the undesirable side effects normally associated with dewatering aids. Highlights of product development from laboratory screening through field testing will be discussed.

Jan 1, 1985