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By Ingvar Ymén, Alexandra Lundmark

"The depressive effect of dichromate on galena was evaluated with chemical experiments and small-scale depression experiments at a pH of around 12. The depressive effect was measured with Dynamic Vapor Sorption (DVS), which measures the water uptake of a sample as a function of the % relative humidity. The depression is due to PbCrO4PbO, which in the presence of Ca2+ and SO4 2- forms a more or less amorphous solid solution (Pb,Ca)(CrO4,SO4)PbO, which clogs to the surfaces of the ore. Free Pb2+- ions are needed for depression to occur and at high pH Pb2+ - hydroxide complexes, supply enough Pb2+ - ions to precipitate (Pb,Ca)(CrO4,SO4)PbO. In air CO2, precipitates CaCO3 which slowly lowers pH, precipitating more (Pb,Ca)(CrO4,SO4)PbO and CaCO3 on galena. Similar experiments where performed with five alternative depressors whereof phosphate, which forms an amorphous precipitate of approximate composition Pb3Ca13(PO4)10SO4, gave the best results. Phosphate was tested in laboratory scale flotation experiments giving encouraging results.INTRODUCTIONWithin Boliden Mines, concentrating of copper and lead from complex sulfide ores is performed by bulk flotation, meaning that copper and lead are concentrated in the same product. Downstream, copper and lead are separated by flotation of chalcopyrite, and depression of galena. Boliden has for many decades used sodium dichromate to depress galena (reference 1). Dichromate is both toxic and carcinogenic and Boliden has for many years investigated several alternatives. So far, however, the best results have been obtained with dichromate. Since Boliden has tried to substitute dichromate for a long time without finding a process as effective, Boliden decided to clarify the function of dichromate in the depression of galena and on the basis of the outcome find alternative depressors with similar function. This study was given to RISE Bioscience and Materials / Surface, Process and Formulation as a consultancy assignment. This paper presents the outcome of the combined efforts of Boliden and RISE."

Jan 1, 2018

By Shengli Wu, Yuandong Pei, Zhixing Zhao, Shuhai Ou, Jiangshan Shi, Huaiying Ma, Jun Xiong

Spraying technology on sintering surface bed after ignition has become a hot research topic, with the purpose of achieving energy-saving, emission reduction and improvement of sintering indexes. In this paper spraying steam technology was researched from theory, experiment and practice. First of all, from the thermody- namic and kinetic analysis, the mechanism of sintering surface spraying steam was analyzed and its advantageous effect was con firmed. Based on this, sintering pot test and commercial trial were carried out respectively. The results shown that spraying steam is bene ficial for increasing coke combustion ef ficiency with improving CO 2/(CO+CO2) in the exhaust gas from 80% to about 85% level, through decreasing CO content of flue gas by more than 1000 –2000 ppm. There was a suitable spraying amount to improve the quality of the sinter, and the spraying position of the steam cannot be excessively front and rear. Due to the low steam pressure (1 kg) and temperature (about 100 °C) compared with industrial steam (3 kg and 130 °C, respectively), the sinter quality such as yield index was affected by spraying steam in sintering pot test to a certain extent, and proper spraying amount (0.008 m 3, 50 kg sinter) in sinter pot test is far smaller than application amount in commercial trial (2t/h). It is thought that suitable spraying steam parameters has a comprehensive effect of energy saving and quality improvement.

Mar 1, 2018

By Leticia Gabriela Winck

As escórias de aciaria, além de ser um coproduto da fabricação do aço, desempenham um papel importante na qualidade dos aços produzidos. Entender como elas se comportam durante o processo de refino é fundamental. Por exemplo, no refino secundário, a absorção de inclusões pela escória é umas das principais formas de se obter aços com maior limpeza inclusionária, e consequentemente, mais nobres. O presente trabalho tem como objetivo a caracterização de fases de escórias de refino secundário do sistema CMAS (CaO, MgO, Al2O3, SiO2), a fim de se obter informações a respeito de sua composição e fração líquida, além de prováveis fases sólidas. Para isso, quatro amostras de diferentes composições químicas foram fundidas em forno elétrico resistivo a altas temperaturas. As amostras também foram analisadas por diferentes técnicas como: microscopia eletrônica de varredura com sistema EDS acoplado (MEV/EDS), difração de raios X e simulação termodinâmica. Os resultados obtidos experimentalmente foram condizentes com as simulações termodinâmicas e com os resultados encontrados na literatura.

Aug 16, 2017

By E. Lentilucci, A. Dey, X. Liu, A. Datta, S. Ghosh

The segmentation of quarry blast smoke plumes is a crucial research area that has the potential to enhance safety, environmental monitoring, object detection, and regulatory compliance in the mining industry. Smoke plume segmentation can be used to identify the spatial extent and temporal evolution of smoke plumes generated by the blast. This information can be used to improve the understanding of blast dynamics and optimize blast designs. Furthermore, smoke plume segmentation can assist in identifying potential environmental and health hazards associated with the release of smoke and dust particles into the atmosphere during quarry blasts. However, many current smoke plume segmentation algorithms are designed for segmentation of smoke plumes from fires and are not suitable for segmentation of plumes from quarry blasts. The proposed method in this paper leverages the video frame captured before the blast as a stationary background image, which helps to reduce other confuser objects present in the image along with a selfadaptive clustering method. The color channels of the image are utilized based on the different contrast properties of the smoke, with a self-adaptive gradient compensation applied for edge detection of the smoke plume. This approach offers a novel and effective way to segment smoke in quarry blast analysis, with potential applications in the calculation of noxious gas volume and concentration within the plume. Compared to other algorithms, our method improves accuracy, decreases the false alarm rates, and reduces the overall miss rate. Overall, this paper contributes to the research on smoke plume image segmentation, particularly for quarry blast smoke plumes, which possess unique characteristics that require specialized algorithms for accurate segmentation.

Jan 1, 2024

By M. E. Rossi

In mineral resources, geologic and mining data are acquired, processed, analysed, interpreted and modelled, eventually serving as basis to generate predictions and production plans. This is a complex process, and the resulting predictions are impacted by uncertainties related to the data itself and the processing methods and techniques used. They are also impacted by the subjective decisions made by the modeler(s) at each step of the way. Knowledge, biases, skills, and prior experience come into play in the long mineral resource evaluation development workflow. It is meaningless to discuss uncertainties without evaluating the associated risks that those uncertainties imply. It is important to quantify and assess uncertainty, and to evaluate and mitigate its consequences. This paper discusses (1) conceptual and practical sources of uncertainty; (2) the utopia of an “objective” uncertainty; and (3) the quantification and public reporting of uncertainty using geostatistical conditional simulations. The objective of this paper is to postulate that the industry is running out of reasons and excuses to ignore uncertainty and risk in project evaluation. This is done in two parts, with this, the first one, presenting a more conceptual discussion. Part 2 will present case studies from different types of mining projects and operations showcasing the impact that risk assessments can have in a mining project.

Feb 22, 2026

By Piotr Litwa

The paper focuses on actions aiming at improvement of work safety in mines, particularly in those extracting hard coal, taking into account the characteristics of natural hazards in Polish underground mining and the reasons of mining disasters connected with those hazards. It refers to conclusions addressed to scientific and research centres, drawn during last decade by Commissions appointed by the President of the State Mining Authority in order to investigate reasons and circumstances of incidents, which till now, could not have been accomplished because of financial reasons. Furthermore, the paper presents basic assumptions of the Strategic Research Project Improvement of work safety in mines, announced by the National Centre for Research and Development at State Mining Authority?s President request.

Aug 1, 2013

"Mining of ore bodies that are located at great depths enforces long distances to move the excavated rock masses to the surface. The excavated rock mass contains not only ore that can be economically extracted from the face but also waste, which is usually discarded several steps further downstream in the process. As a result, a large amount of rock is transported to the surface, influencing the costs at which the ore is produced. Reducing the amount of waste rock being transported to the surface by introducing a near-to-face sorting plant would improve the in many cases strained transport system in the deep mine. In this study, one of Boliden’s cut-and-fill mines was analysed with respect to the challenges related to rock transportation and increasing mining depth. The study aims to evaluate the potential use of a new near-to-face sorting system in the operating underground mine. Discrete event simulation was used to study and analyse the rock transportation system with and without the near-to-face sorting plant. The paper shows how the underground rock transportation system and the production were influenced when the near-to-face sorting equipment was added into the current system. INTRODUCTION The locations of waste rejection in the mining processes and the cost of removing waste from the system compared with the cost and energy necessary for further comminution are important parts in the material handling system (Bowman and Bearman, 2014). In an underground mine, longer material transportation distances generate the need for further investment in the mobile fleet and ancillary equipment in order to reduce the waste from the material handling as early as possible. One of the ways of reducing the waste (coarse particle size) in material handling is by use of pre-concentration. The benefits of pre-concentration are well known (Schena et al. 1990; Feasby, 1995; Peters et al. 1999; Klein et al. 2002), as well as the factors governing the feasibility of underground pre-concentration (Peters et al., 1999) and the mining integration issues (Klein et al. 2003). In the Onaping Depth orebody in Sudbury, Ontario the study of implementing the pre-concentration resulted in increased capital costs of 6% and a reduction in the operating costs of between 20-40% (Bamber et al, 2004). In this paper, the effects on the production and the transportation system of implementing underground pre-concentration by means of a near-to-face ore sorting plant in the Kristineberg mine are modeled and analyzed using the AutoMod tool. This tool is based on discrete event simulation (DES) (Banks, 2004), allowing high flexibility in customization and enabling the user to view the production of the system before ore sorting plant integration. The sorting plant selected in the simulation is built from modules. The material is fed by conveyor and goes through the comminution, classification, sorting and service processes after which the waste is redirected to backfill headings via trucks. The system mechanically ejects the particles from the feed stream on the basis of the information obtained from both the XRT sensor’s signal and 3D laser scanner based on both density and rate of refraction of light within a particular mineral. The sorting plant could pre-concentrate the metal ore up to 300 mm size. The plant requires little auxiliary infrastructure, is easily modularized for underground installation and can be easily relocated to different areas."

Jan 1, 2016

Jan 1, 1896

By D. Rudenko, C. T. Aimone-Martin, J. K. Ratliff, I. G. Wong, J. Aiken, R. E. Burnham, T. A. Davidsavor

A small quarry blast was conducted with a maximum of 90 pounds per delay and shortly afterwards, area residents sensed ground motion and building shaking indicative of an earthquake. In addition, seismometers up to 500 miles (800 km) away recorded a magnitude 2.8 earthquake located in the area. Positioned in a seismically inactive area, southern Minnesota is not known for earthquakes. The earthquake was originally described by the USGS to be a surface blast at the quarry. Analysis showed that the earthquake occurred shortly (approximately seven seconds) after the quarry blast some distance away and well below the surface. This paper describes the evaluation of the “seismic events” including the blast, the following earthquake, initial governmental response, and provides the framework for assessing the relationship between the blast and the earthquake. The paper also discusses management of large volume claims from a complex event and presents a claims management strategy with best practices.

Feb 6, 2023

By Abolfazl Eslami, Sepide Lotfi, Mohammad M. Eslami

"Via direct CPT methods for pile capacity prediction, correlation coefficients smaller than unity are used to relate cone tip resistance (qc) and sleeve friction (fs) to pile toe capacity (rt) and shaft capacity (rs), respectively. For linking CPT data to pile capacity, factors such as diameter, penetration rate, partial embedment of pile toe into a hard layer, mechanism of plunging, failure zone, data processing, and stress-strain conditions must be considered. The aim of this paper is to investigate the role and significance of scale effects and establish direct relation between CPT data and pile shaft capacity. A database has been compiled including 40 full scale pile load tests and CPT sounding records for calibration and validation of the proposed approach. Analytical studies demonstrate that differences between pile and penetrometer penetration rate, geometry, and stress-strain conditions influence the relation between fs and rs. By considering the determinants, a procedure is proposed from which the pile shaft capacity can be predicted. This approach demonstrates better agreement with measured capacity by static loading test and less scatter than other current CPT methods.IntroductionAmong different approaches for pile capacity prediction, in-situ tests such as SPT and CPT have been used as supplementary of static analysis. Due to similarities between CPT and pile, the measured cone tip resistance and sleeve friction can be employed for prediction of unit toe and shaft capacities, respectively.Determination of pile capacity from CPT data includes two main approaches: direct and indirect methods. Direct CPT methods apply the measured values of cone tip resistance (qc) for pile toe capacity (rt), and sleeve friction (fs) for pile shaft capacity (rs) with some modifications regarding scale effects. Indirect CPT methods employ friction angle and undrained shear strength values that have been estimated from CPT data.When using direct CPT methods to relate qc and fs to rt and rs, correlation coefficients smaller than unity are used. Factors such as diameter, penetration rate, mechanism of plunging, failure zone, data processing, and stress-strain conditions must be considered for correlation between CPT and pile capacity. The work presented in this paper aims toward ameliorating the situation in the area of pile shaft capacity prediction, based on cone sleeve friction.Case histories from full-scale tests are compiled and analyzed by means of six methods including five direct CPT methods for shaft capacity prediction and the proposed method."

Jan 1, 2015

By X. Song, Q. Zhang

"The development of fracture zones in surrounding rock mass has significant impact on the stability of underground mine roadways. Detection of the fracture zones is of compelling importance for maintaining roadway stability as well as for safe and speedy excavation of the roadways. This paper presents a study conducted at Dong Bao Wei underground coal mine, where the roadways were developed in diabase rock mass. The roadways suffered severe damages, including sloughing and excessive floor heaving. The borehole imaging technique was applied in the study to observe and detect fracture zone development surrounding the roadway openings. Based on the borehole imaging studies, new roadway support systems were proposed to improve the stability. INTRODUCTION At the Dong Bao Wei Coal Mine three main roadways of the west wing were excavated. The three roadways had semicircle arch cross sections and were at a depth of 650 meters, each being about 750 meters in length. The roadways were driven through a section of thick diabase intrusion, which was softened by water with reduced strength and may turn into powder form under weathering. Site investigation indicated that the roadways in diabase intrusion zone were badly damaged due to severe deformation, and very serious roadway sidewall sloughing and spalling accompanied by severe floor heave often occurred.(Figures 1 and 2) In order to ensure the normal use of the roadway, undercuts were excavated. However, this operation seriously affected the roadway construction progress and increased the amount of roadway support operations as well as the roadway maintenance costs. Furthermore, a roof fall accident occurred in nearby drilling site. The investigation indicated insufficient support provided for the roadways which imposed significant safety hazards and would have serious impact to mining production and subsequent mining activities.The support of the main roadways is a critical task and is the focus of the underground opening excavation work at the mine, since more than 40 years of service life is required from these main roadways. For these roadways, large cross sections with high degree of stability and minimal amount of deformation should be maintained. Therefore, providing sufficient and appropriate roadway supports is of significant importance to the coal mine. In this paper, in order to optimize the roadway supporting system, studies were carried out on the geological structures, lithological characters, roof bolt anchoring features and suitable anchoring layers. The studies were aimed at ensuring the stability of mine roadways, reducing the roadway maintenance costs and providing a safe mine passageway for orderly production and progressive development of the mine"

Jan 1, 2016

By P. James

"INTRODUCTION High sulfate (SO4-2) levels often occur in MIW (mining influenced water) either as the result of oxidation of sulfide minerals exposed by mining activity or by deliberate addition – commonly by sulfuric acid (H2SO4) use in hydrometallurgical leaching activities. Increasing regulation of sulfate discharge is creating new pressure to treat or mitigate sulfate release to prevent its entry into the environment. Current treatments include precipitating as gypsum during lime treatment, filtration separation using membranes such as reverse osmosis and nanofiltration technology, and biological elimination via methods like constructed bioreactors. Blue Planet Strategies (BPS) focuses on improved resource utilization targeting electrolytic treatment and waste conversion into resources and has now demonstrated that its proprietary DEMET™ (Dynamic Electrolytic Metal Effluent Treatment) platform can also remove sulfate from target streams as a byproduct of its usual primary treatment focus points of metal species elimination and/or pH adjustment.[1-6] This powerful new capability can mitigate sulfate contamination and recover the sulfate in a useful and potentially saleable form as a byproduct of improved primary treatments focused on enhancing production or treating waste. This provides a new treatment opportunity and value proposition for lowering overall sulfate consumption/addition or creating new revenue to defray conventional treatment costs. The DEMET Alternative DEMET utilizes a patented electrolytic technology platform employing proprietary dynamic high surface area electrodes in innovative configurations to achieve a variety of novel selective chemistries. DEMET‘s unique elements can yield higher processing rates at practical efficiencies, lower energy consumption, plus improved processing stability and lower maintenance requirements due to enhanced resistance to cell fouling and shorting; while also thwarting cross stream (catholyte vs. anolyte) contamination. Consequently, DEMET can provide a superior, extremely versatile, and cost-effective electrolytic treatment option where a multitude of FEED and PRODUCT stream combinations might be employed in comparison to traditional tankhouse electrolytic cells. Secondary reactions (Figure 1A) which could also occur at the cathode (plating/electrowinning, precipitation/scale formation, etc.) are controlled through process tailoring and operation parameter selection. Additionally, DEMET‘s innovative dynamic system mitigates potential fouling and electrode occlusion or shorting challenges which could occur when process particulars demand some of these secondary side reactions occur."

Jan 1, 2015

By Matthew Hirsch, Jason Connot, Nathan Rouse, Srivatsan Jayaraman, Akash Adhikari, Brent Meins, Purushotham Tukkaraja

The Deep Underground Neutrino Experiment (DUNE) is a world-class particle physics research project currently being constructed 4,850 ft, 1,478 m underground at the Sanford Underground Research Facility (SURF), former site of the historic Homestake Gold Mine in Lead, SD. Construction for the project involves drill and blast excavation of 800,000 tons of rock to house neutrino detecting cryostats adjacent to on-going particle research and sensitive lab areas. To protect nearby labs during the planned 4 years of blasting operations, project specs required installation of six steel, heavily reinforced blast doors designed to withstand 20 psi blast loads. This research aimed to quantify the pressure reduction across the blast doors and more accurately model underground blast wave propagation. 827 blasts to date have been monitored at eight locations on the 4850 level of SURF with some locations behind blast doors and some in front. Additionally, pressure measurements directly in front of and behind one blast door were taken during 94 blasts.

Feb 6, 2023

By J. G. Cullain

Inco Limited is an integrated mining, smelting, refining and manufacturing company with operations located worldwide. The Ontario Division operations consist of 13 mines and 10 processing facilities located in Sudbury, Port Colborne and Shebandowan. The scope of our utilization of energy in the Ontario Division in 1976 included in excess of 2.2 billion kilowatt hours of electric power, 12 billion cubic feet of natural gas, 60 million Imperial gallons of residual oil and smaller quantities of other fuels. In addition to the primary energy consumption, waste-heat energy is recovered in various operations throughout the Division, thereby reducing our primary energy requirements. Total expenditures for primary energy alone in 1976 exceeded 60 million dollars. Energy management studies were initiated by Inco's Utilities Department in late 1972, and resulted initially in a program of electric power cost reduction. This program produced significant results by improving the use of the water available for our hydraulic generation facilities and by a comprehensive peak reduction program. Our experience showed that a program of peak power control creates an awareness of both peak and energy costs, and thereby encourages a general reduction in the electric energy consumption as well as lowering the peak demand. Energy management is a continuing program at Inco and, recently, a formal energy management policy and program was instituted. Energy management committees were formed in each plant or mine area to identify the major areas for energy; consumption, thereby isolating areas with large potential energy losses, and determining immediate action which will improve the energy efficiency or reduce the energy waste within their respective areas. A decentralized program with good cross-communication between all committees was felt to be the best method of providing an on-going effective energy management program. In the future, the projections of dwindling fossil-fuel supplies in Canada and the resultant spiralling energy costs will further emphasize the need of sound energy management practices for all Canadian industry.

Jan 1, 1977

By Kazutoshi Haga, Ryo Kawarabuki, Atsushi Shibayama, Masato Kosugi, Masanobu Kawata, Refilwe S. Magwaneng, Kohei Mitsuhashi, Altansukh Batnasan

"The recovery of copper and iron from carbonaceous sulfide ore is of economic and environmental interest despite its processing difficulty. Hydrometallurgical methods can be used to concentrate sulfide metals of these hard-to treat ores in a simple and eco-friendly manner. In this study, high pressure acid leaching process was comprehensively studied to dissolve metals from an ore with organic carbon and carbonaceous gangue material using autoclave equipment. The sample used for the experiment was reduced to an average particle size of 75 µm after undergoing flotation to reduce carbonaceous gangue minerals. A comparative study on two leaching reagents of sulfuric acid and iron sulfate and their dosage was used to observe dissolution of copper and iron. Other parameters of temperature (90-170 0C), solid-liquid ratio (1:10, 1:5, 1:3 and 1:1) were investigated through kinetic studies to access the influence of organic carbon and carbonaceous material on recovery of copper and iron. Materials balancing analysis was used to evaluate the efficiency of metal dissolution. The effects of parameters on leaching rate and concentration was demonstrated. Results obtained from the experiment indicated low concentrations of copper and iron in pregnant leached solutions, which was attributed to acid consumption by organic carbon and carbonaceous material in feed. However, the high efficiency rates of 92.4% and 86.3 % for copper and iron respectively in sulfuric acid can be concluded that leaching of concentrates of carbonaceous ore is possible provided system control on type of acid, pH and temperature. The purpose of this research is important in understanding mechanism involved in dissolution of copper and iron in concentrates of carbonaceous ore and marks an improvement in leaching of highly contaminated ores."

Jan 1, 2018

By M. Okido, O. Takai, Z. Zhao, M. Ishikawa, R. Ichino, K. Kuroda

"Electrolytic method was applied to calcium phosphate coating on titanium plates as an excellent technique for high density and intensive contact of coated films on biomaterials. The effect of H2O 2 as oxidation reagent on coating characteristics was examined to obtain biomineral films. Solution was containing 7.0 X 10·3 mol/dm3 ofCaC12 and 3.0 X 10·2 of Ca(H2PO4)z, kept at 55 ""C. All deposits were hydroxyapatite (HAp) in this study, independent of H2O 2 concentration, applied cathodic potential and solution pH. In the case of H2O 2 addition, an increase in cathode current started at the low potential, namely, ca. -0.2 V (vs. SCE). In contrast, the current increased at more than ca. -1.4 V in the solution without H2O 2 addition. H2O 2 appeared to be an effective reagent for increasing nucleation density and improving adhesion of deposits on titanium plates.IntroductionIn recent years, many researches have been undertaken to develop the techniques of calcium phosphate coating on titanium or bioglass for medical implantation. High density and intensive adhesion of coating are necessary for adding bioaffinity to these materials and for inducing bone morphogenesis on them when implanted in human body.1) Electrolytic deposition has been a newly developed method as high-speed deposition process. By this method, the supersaturation of calcium phosphate can be increased just in the vicinity of metal substrates and the heterogeneous nucleation is promoted on them. In this process, H2O is reduced according to eq. (1) on the cathodically polarized electrode"

Jan 1, 2000

By Y. Thibault, G. Deschênes

An open-pit mine, located in Mexico, processes an ore a rate of 4000 tpd, using conventional cyanidation and AYR. A laboratory study was conducted to increase silver extraction and to reduce the concentration of cyanide in leaching. The sample contained 0.41 g/t Au, 125 g/t Ag, 99% gangue minerals, 0.7% pyrite, 0.07% sphalerite, 0.03% chalcocite. Silver was present as acanthite, stromeyerite, silver mercury/halogen, silver with copper in solid solution and jalpaite. The plant conditions (2400 ppm NaCN) produced 90.2% gold extraction (residue at 0.04 g/t Au) and 92.7% silver extraction (leach residue at 9.1 g/t Ag). The CELP (CANMET Enhanced Leaching Process) produced 97.0% silver extraction (residue at 3.8 g/t) and 90.2% gold extraction using 500 ppm NaCN. The incremental gross revenue was estimated at $US7.6 million and the reduction of cyanide costs was $2.9 million per year (79%).

Jan 1, 2011

By Francois Charette

Corrosion is a significant factor affecting the capacity and working life of ground support. The paper explores a relatively simple method to predict the load capacity of a support system using a Monte Carlo stochastic approach. The analysis uses published field data on existing ground support to evaluate the applicability of the method and its predictive performance. Discussion on corrosion rates found in the field and predicted from laboratory measurement is provided.

Jun 1, 2012

By I Minniakhmetov, J Ashford

Orebodies constitute naturally occurring, commonly highly variable concentrations of minerals in the earth’s crust formed through varying and highly unpredictable processes. Orebody knowledge is a core foundation of a mining company’s asset base underpinning all decisions about Mineral Resource and Ore Reserves, future production, development and ultimately the profitability and competitiveness of a mining enterprise. The decision to invest in a mineral project is usually based upon a techno-economic evaluation of the project and having clear approval pathways to gain local community support and address social and environmental impacts. The main objective of the techno-economic evaluation is to determine the optimum development sequence for the particular orebody in question and to estimate the economic viability of the project and the future return on investment to its stakeholders, balancing the inherent value of the mineral in the ground against the costs of development and market pricing. With the exception of market-driven commodity prices, virtually all revenue and cost estimates fundamentally stem from the understanding and subsequent modelling of the orebody. A reliable estimate of the ore deposit grade and other geological value-drivers is the foundation upon which the business case for future mine development and operation is intricately dependent. Orebody knowledge is, therefore, the fundamental driver of the mineral project cycle, influencing the progression of studies and consequently, the resource company’s ability to declare Exploration Results, Mineral Resources or Ore Reserves which govern the source and cost of funding available to the project. Drilling provides a ‘vector’ to the true nature of the orebody and effectively buys time to manage the technical risk associated with the orebody. Despite its perceived high cost, in both time and money terms, drilling is the only available technology for acquiring the necessary orebody knowledge to support technical and economic studies and to minimise orebody-driven cash flow uncertainty and volatility. However, like all costs, pressure to minimise drilling budgets is ubiquitous across the minerals industry. Paired with inappropriate key performance indicators, drilling is often regarded as a cost to be minimised, rather than an investment to be optimised. Furthermore, as future deposits get deeper and more complex, the collection of orebody knowledge is increasingly on the critical path for project development. The increasing cost of data collection pertaining to these deposits increases the temptation to minimise orebody knowledge gathering at the cost of long-term value as the reduction or postponement of drilling results in greater orebody knowledge risk at all stages of the value chain. Indeed the true cost of the decision to drill less is rarely known until the mine is in operation, well after the mine project evaluation team has moved on. This paper aims to promote orebody knowledge as the fundamental source of endogenous project financial risk and, consequently, its critical importance in project financial evaluation. Furthermore, the report documents experimental research into the development of an econometric model for valuing orebody knowledge. Using the density of drilling data as a proxy measure of orebody knowledge, the proposed approach integrates well-established stochastic grade modelling techniques with the mathematical mechanics of Decoupled Net Present Value (DNPV) which, combined with stochastic grade modelling (conditional simulation), lends itself to the financial International Mining Geology Conference 2022 | Brisbane, Australia and Online | 22–23 March 2022 3 assessment of orebody knowledge risk. Based on this approach, a metric is formulated, representing the minimum value of the orebody knowledge added by additional drilling

Mar 22, 2022

By S. Nowosad, O. Langefeld, A. Godge

Pumped storage power plants are one of the options to store the fluctuating production of electric energy from renewable sources in a sustainable manner and is able to provide Europe with the opportunity to overcome the effects of climate change. However, due to the extensive land use required when planning the water reservoirs, several projects have been declined after social conflicts raised, even in Germany. Nonetheless, after the flooding and drought periods in northern Germany, the catastrophic floods of July 2021 in south west Germany, the country’s need to decrease its dependency on import of gas and energy supply, and the energy transition goals set for 2030 and 2050, it has become clear that the implementation for water reservoirs must increase in the coming years, whether above ground or underground. Furthermore, not only Germany is interested in the use of underground cavities for water and energy storage, other European countries as Sweden are currently developing studies and solutions to bring this concept soon to reality in Europe. This article introduces the systematic approach for planning and designing large underground cavities for water reservoirs as a sustainable energy transition approach and a climate change response by showcasing the process of selection and results of the “Energy and Water Storage Harz” (EWAZ) research project. Additionally, the results of the evaluation of the effect of implementing the selected underground and surface infrastructure into the current water management system in the region is presented. Finally, the different possibilities evaluated for the underground cavities within the project and the technical challenges involved are be discussed.

Feb 1, 2023