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By Trevor R. Ellis

Minerals appraisers/valuers often find great difficulty in attempting to employ the sales comparison approach to the market value appraisal of development and operating stage mineral properties. An important factor generally overlooked is a comparison of net operating income (NOI) margins on a per-unit-of-production basis between mineral properties, whether these be demonstrated or forecast margins. NOI margins can vary greatly between mines or quarries that are producing similar products. Ultimately, the expected NOI margin determines what a buyer is willing to pay for an income-producing property. Here, common criticisms of the sales comparison approach by mineral appraisers are introduced. These are counterbalanced by raising some issues in the way the inputs for the income approach are usually derived by minerals appraisers and by review of some conspicuous examples of the much-too-common misuse or abuse of the income approach in market value mineral appraisals. Example transaction analyses and sales comparison analyses are used to demonstrate the author?s methodology for adjusting units of resource in his transaction adjustment tables. The examples are used as the basis for a discussion of ways to employ adjustments for operating economics and many other factors, while warning against the potential for double counting. The conclusions include a recommendation that minerals appraisers attempt to apply at least two of the three valuation approaches when appraising the market or fair value of development and operating stage mineral properties, the two being the sales comparison and income approaches.

Jan 1, 2011

By D. W. Park

Underground openings resulting from coal mining activities have been a serious cause of subsidence problems in the Warrior coalfield of Alabama, which is the 11th largest coal-producing state in the United States (National Coal Association, 1986). The problem will be even more serious in the future because 17 Gt (19 billion st) of Alabama's 22 Gt (24 billion st) of coal reserves are classified as an under- ground resource (Tolson et al., 1982). Subsidence data in this area has been scarce com- pared with other coalfields (Conroy, 1980; Dunrud and Osterwald, 1980; Gentry and Able, 1978; Hunt, 1979; King and Gentry, 1979). This paper discusses the results of a study of subsidence overlying two longwall mines that contrast each other. One of them (Mine #1) is a shallow longwall mine where the coal strength is very high, and the other mine (Mine #2) is extremely deep with a low strength of coal.

Jan 1, 1987

By M. J. Howes, C. A. Nixon

INTRODUCTION A safe heat stress control strategy for an underground mine has three elements: Application of an environmental measure which reflects physiological strain with sufficient accuracy for the range of conditions encountered underground. Acceptance of a functional relationship between the environ- mental measure and human performance which is used to optimise the environmental conditions achievable with either ventilation or ventilation and refrigeration. A management control strategy based on the environmental measure which is designed to ensure that work in environments where excessive physiological strain may occur is prevented and corrective action is initiated. The environmental measure that reflects physiological strain is the link between the three elements and, since the turn of the century, the discussion of the merits of various indices has been prolific. One problem in selecting a suitable measure or index is the ease with which it can be physically obtained relative to accurately reflecting the physiological strain. For example, wet bulb temperature is simple to measure and, for a particular mining sys- tem, it may adequately represent physiological strain, however, it would not necessarily provide the same relatively safe measure in a different mining system. The acceptance of a measure which can be universally applied has been confounded by both development and predisposition. That is not to say that there is only one "correct" measure and all others are unsuitable. It is self evident that if the application of a particular index has resulted in adequate control, then that mea- sure is correct for that situation. However, an understanding of the limitations is necessary to ensure that adequate control is maintained as mining conditions change. Almost 100 years after the question of heat stress in mines started to be dealt with in a collective manner, an analysis of the available information is leading towards a general strategy to control this problem. In the paper, the developments in heat stress assessment are briefly examined and followed since the earliest published observations on the effect of heat in mines (Haldane, 1905), efforts to determine a relationship between an environmental measure and human performance are reviewed and summarised and the benefits of control strategies such as acclimatisation and shortened shifts are discussed as they relate to Mount Isa Mines. The results of testing the prototype air cooling power instrument are discussed and a heat stress control strategy outlined. HEAT STRESS AND AIR COOLING POWER The operation of the human engine is analogous to other engines where the conversion of chemical energy from the oxidation of fuel to useful mechanical energy is not 100% efficient. In a diesel engine it is about 33% and in a human engine less than 20% resulting in at least five times as much heat produced by the meta- bolic process as useful work done. Metabolic energy production is related to the rate at which oxygen is consumed and is about 340 W for each litre of oxygen per minute. Using measured oxygen consumption and an average body surface area of 2.0 m2, the approximate metabolic energy production associated with different mining tasks is (Morrison et al. 1968):- • Rest, 50 W/m2 • Light work, 75 to 125 W/m2 (machine, LHD or drill jumbo operators) • Medium work, 125 to 175 W/m2 (airleg drilling, light construction work) • Hard work, 175 to 275 W/m2 (barring down, building bulkheads and timbering) • Very hard work, over 275 W/m2 (shovelling rock) Heat balance is achieved when the rate of producing heat (the metabolic heat production rate) is equal to the rate at which the body can reject heat mainly through radiation, convection and evaporation. Heat exchange between the lungs and the air in- haled and exhaled is normally less than 5% of the total and there- fore usually ignored. Any heat not rejected to the surroundings will cause an increase in body core temperature. Since heat stress is related to the balance between the body and the surrounding thermal environment, the main parameters required to be known when determining acceptable conditions are those associated with the heat production and transfer mechanisms. These can be summarised as follows: Metabolic heat production rates (M - W) Skin surface area (A3) (and effects of clothing) Dry bulb temperature (t[ ]) Radiant temperature (t[ ]) Air velocity (V) Air pressure (P) Air vapour pressure (e [ ]) The rate of heat transfer to or from the environment depends on the equilibrium skin temperature t, and the sweat rate S,. These in turn depend on the response of the body to the imposed heat stress and the effect of thermoregulation (Stewart, 1981). Thermoregulation The body contains temperature sensitive structures which send impulses to the brain at a rate depending on the temperature. Both hot and cold signals can be differentiated and the thermoregulatory response ahivated according to which signal pre- dominates. If "cold" signals are dominant, body heat loss is re-

Jan 1, 1997

By R. Hogg, R. H. Weiland, P. Bunnaul

The dewatering of flocculated clay suspensions by compression in a centrifugal field was investigated. The results were analyzed with respect to the direct applicability of centrifugal dewatering (as in solid-bowl centrifuges) and indirect applications to gravity sedimentation systems. An important objective of the study was to evaluate the self-weight effect using centrifugal forces to simulate consolidation of deep sediments. Experiments were conducted in which the sediment mass and initial structure were maintained constant while the effective sediment weight was varied by centrifuging at different speeds. The relationship between the limiting sediment density and the applied consolidation stress was found to be the same for both gravity and centrifugal consolidation, indicating that small-scale laboratory tests can be used to predict consolidation in deep beds. The effects of the initial structure were also studied using controlled variations in flocculation conditions. The results imply that, for the flocculated suspensions studied, the longterm consolidation behavior is relatively insensitive to the actual extent of flocculation.

Jan 1, 1995

By M. D. Flavel

My paper relates to bond's third theory of comminution and suggests work be used as a basis for designing crushing and screening plants, this will give more accuracy than existing methods, As stated in the abstract, this paper is only a synopsis of my official paper, many of the questions that might arise in this brief address will be answered by referring to the detail i n the main paper $ Because of the limited time available and the fact that many people here do not need to study the aspects of crushing and screening in depth, i will highlight-those sections of the paper which show how major capital, operating and energy cost savings can be achieved in the process, I will develop the theme in the following manner, Firstly, pointing out, why a new approach is needed to the fundamentals of crushing and screening, Secondly, by setting forth some theory to describe what we are trying to accomplish, Thirdly, by looking at important factors which need to be observed in designing plants and applying machines to comply with this theory, Lastly, i will put forth some ideas on how we might develop this theory to make the industry more efficient, At the outset, i have to say my approach to this process is entirely new, for those used to applying machines and designing plants on existing criteria, they will find this theory easier

Jan 1, 1977

By C. G. Anderson

In some parts of the world, silver chloride occurs naturally in deposits of cerargyrite (1) (i.e. horn silver). In other cases, silver chloride is produced and exploited for its well- known photographic or electrochemical properties. In this case, it is a valuable commodity needing no further refinement. However, silver chloride is frequently encountered in precious metals refining. In most cases, it is a by-product that occurs in small amounts. For example, it is a common occurrence in gold refining when using the Miller and Wohlwill refining processes or when parting fire assay beads. As such, the mode of reduction to elemental silver is of little impact on the overall refining economics. Thus, a variety of reduction methods are employed all enjoying varying degrees of popularity (2). On the other hand, silver chloride serves as a key intermediate in the production of fine silver by nitrogen species catalyzed acid pressure leaching of refractory silver concentrates. This has most recently been practiced at the Sunshine Mining & Refining plant located in Kellogg, Idaho. Thus, efficient methods of reduction, precipitation and materials handling on an industrial scale are of the utmost importance. In this presentation, the evolution of these methods will be detailed.

Jan 1, 1997

By H. Colijn

The problem of the freezing of moist raw materials, such as concentrates, in railroad cars during winter shipment has been a continuing source of both economic and operational trouble to the industry and to the railroad companies. The difficulties center around the discharging of frozen cargoes into the plant materials handling system. Because of cargo freezing, appreciable delays in car-dumping schedules occur each winter and cause additional expense for demurrage charges and for slowdown of plant operations. In one plant during one winter, a car dumper rated at 40 cars per day could dump only 3 cars per day in bad weather. Delays became so serious one winter, that 500 cars held in the yard became so badly frozen, that they were sent to the southern part of the United States to thaw after they accumulated an average of two months demurrage charges. These delays in car unloading become critical if unit or integral train concept is applied to the movement of raw materials. Anticipated savings in transportation costs through better equipment utilization are largely based on rapid loading and unloading cycles of whole trainloads. If freezing problems cannot be adequately solved, unit train operations cannot be operated to achieve the potentially large reductions in transportation costs. The freezing problem may tend to become even greater in the years ahead, because the unit train concept will allow the trains to run faster and consequently the heat loss will be accelerated due to the larger heat transfer coefficient. A compensating factor, however, will be the shorter travel time. Further, the sources of raw materials being mined are located farther north than before and the ambient temperatures during transit are going to be lower.

Jan 1, 1976

The Chinese city of Shanghai is one of the fastest growing in the world. To keep up with the growth, two tunnels, three-lanes each, are being built beneath the Yangtze River to connect Shanghai with the Changxing River Island. To complete such a large project, Herrenknecht Tunneling Systems was brought in to construct the largest tunnel boring machine (TBM) in the world. The first Herrenknecht S-317 Mixshield has a diameter of 15.43 m (50.62 ft). It was built to construct one of the two 7.2-km (4.5-mile) tunnels. The tunnels are part of the Changjiang Under River Tunnel Project and will be at depths of up to 65 m (213 ft) beneath the Yangtze River in Shanghai-Pudong. These two tunnels are to be opened to traffic in April 2010, in time for Shanghai to host the World Expo. More than 20 million people live in the Shanghai area. The area itself has been growing at an extremely rapid pace for more than a decade and is in need of more space. The search extended beyond the natural limits of the Yangtze River Delta. As part of its incredible growth, 500 new vehicles are registered every day. The new tunnels will connect the Changxing River Island, with a population of approximately 600,000 people to the road traffic network. A bridge construction will also provide a traffic link between Changxing Island and the large island of Chongming.

Jan 1, 2007

By Debra W. Struhsacker

Waste characterization plays an essential role in proactive project permitting, design, reclamation, and remediation strategies. Traditional TCLP tests and chemical analyses used in many studies do not provide adequate data to predict the long-term geochemical behavior of the mineralized system. Mineralogic and geologic data are needed to assess the homogeneity of the system, the potential for acid generation or metals leachability, and the amenability of the material to traditional and unconventional closure and reclamation measures. The characterization efforts done from the evaluation stages through final closure can aid in better cost evaluations, more representative sampling, more effective neutralization and waste containment measures, and optimized reclamation designs.

Jan 1, 1995

By N. Damiano, C. Zhou, B. Whisner, M. Reyes

"The industrial Internet of Things (IIoT)—a concept that combines sensor networks and control systems—has been employed in several industries to improve productivity and safety. NIOSH researchers are investigating IIoT applications to identify challenges of and potential solutions for transferability of IIoT from other industries to the mining industry. Specifically, NIOSH has reviewed existing sensors and communications network systems used in U.S. underground coal mines to determine whether they are capable of supporting IIoT systems. The results show that about 40% of the installed post-accident communication systems as of 2014 require minimal or no modification to support IIoT applications. NIOSH researchers also developed an IIoT monitoring and control prototype system based on low-cost microcontroller Wi-Fi boards, to detect a door opening on a refuge alternative, activate fans located inside the Pittsburgh Experimental Mine, and actuate an alarm beacon on the surface. The results of this feasibility study can be used to explore IIoT applications in underground coal mines based on existing communications and tracking infrastructure. INTRODUCTION The nation’s approach to health and safety in mining has historically been reactive in the sense that health and safety regulations and mandates have traditionally been passed as a result of tragic mining accidents. An example of this is the Mine Improvement and New Emergency Response Act (MINER Act) of 2006, which was passed as a result of several mining accidents where tracking of and communications with underground personnel were severely limited. While this reactive approach has led to the development and implementation of highly impactful safety interventions and safety practices, there currently exists a technological revolution that can shift the paradigm toward a proactive approach based on preventative methods: Internet of Things (IoT). IoT is the network of physical objects or ""things"" embedded with electronics, software, sensors, and connectivity to enable that network to achieve greater value and service by exchanging data with the manufacturer, operator, and/or other connected devices [1, 2]. It should be noted that IoT has been defined from various perspectives, and hence numerous definitions exist in the literature. The apparent ambiguity of the IoT definition might be due to the fact that IoT is syntactically composed of two terms: internet and things. The first one pushes towards a network-oriented vision, while the second tends to put the focus on generic objects. The traditional internet can be viewed as an internet of computers —i.e., “things” connected to the internet are computers only. IoT “extends” the internet by allowing other generic things that are commonly found in our daily life, such as refrigerators and cars, to be interconnected via the internet, and thus creates a bridge between the virtual word and the physical world."

Jan 1, 2017

By D. R. Kalasky, J. M. Mutmansky, B. Kolonja

This paper considers simulation of truck dispatching systems using maximum expected production of the truck-shovel system as the measure of performance. Two analysis methods are utilized: multiple comparisons with the best (MCB) and the combination of MCB with the variance reduction technique known as common random numbers (CRN). These two techniques are compared via simulation experiments. Results show that the combined procedure of MCB with CRN is the superior tool to use to reduce the total number of replications needed to ensure the specified probability of correct selection from a number of systems. In this case study, MCB with CRN reduced the variance by 29% and the number of required replications by 48%. Also, the MCB with CRN procedure narrowed the confidence interval by 18%.

Jan 1, 1995

By R. D. Schmidt, M. J. Friedel

Unsaturated permeability and flow capacity exist where copper mineralization is disseminated in segmented, very-low-permeability ore blocks. The US Bureau of Mines (USBM) investigated this condition for application to in situ, copper-leach mining at the Cyprus Casa Grande mine site. Moisture retention properties are derived and combined with scanning-electron-microprobe data to characterize the host rock's mineralogy, texture, pore size, distribution and permeability. Finite element modeling is used to estimate saturated permeability and the ambient degree of saturation and to gain insight into appropriate in situ leach design. Recommended design modifications for optimized solution distribution and maximum recovery from the Casa Grande ore require: • well pressure injection exceeding 1500 psi and recovery wells operating in a suction mode, or • secondary, permeability enhancement by explosive rubblization. In the former, the lack of conditioning and the use of lesser pressures will result in leach solutions confined to the macrofractures. With the latter requirement, pressures can be reduced to 500 psi, with improved recovery and solutions containment.

Jan 1, 1993

By G. P. Richards

RIP is the process of recovering uranium from an unclarified slime pulp which comes in contact with a moving bed of ion exchange resin, T e sand-slime separation of the acid-leach slurry is accomplished through the use of cyclones and spiral, akins type classifiers. Course sands are discarded to tailings and the combined slimes and leach liquor become the IX feed. Uranium in the IX feed is absorbed on the resin and after exhaustion the barren pulp is directed to tails, Following the uranium exhaustion cycle an eluant solution passes through the resin bed stripping the uranium from the beads, The uranium is precipitated from the clarified pregnant eluant, filtered, dried and packaged for shipment to the AEC, Normally, the ore received at the Mines Development plant is a loosely cemented sandstone containing small quantities of clay and bentonite, The ore is easily crushed and requires only a 1/3 load of rods in the rod mill to reduce the ore to grain size, Very little of the ore is recirculated by the 42" spiral classifier.

Jan 1, 1958

By A. J. Surtees, M. P. Evans

This paper discusses the development and application of sophisticated monitoring equipment used to measure the operating parameters of conveyor systems. With the radical reduction in price of computer hard- ware and software during the last decade and an associated increase in memory capacity, the concept of continuous conveyor monitor is now a reality. With this tool, the various problems normally encountered in large conveyor installations can now be avoided at an early stage. • The four main areas of application are: • Design verification • Hand-over certification • Preventative maintenance and increase of system availability Failure analysis The paper introduces the techniques used and gives examples where the service has been used.

Jan 1, 1996

By F. J. Hurst

Phosphate rock, which is a prime source of phosphate used in fertilizer manufacture in the United States, contains uranium. In general, the uranium content of the rock increases with the phosphate content and most high-grade phosphate deposits (>30% P2O5) contain 0.01- 0.02% U3 8. The large tonnages of rock being mined represent a significant potential source of uranium that lends itself to recovery as a by-product of the wet-process phosphate industry. For example, in 1953, the U. S. Geological Survey estimated that recoverable phosphate reserves in the U. S. totaled about 5 billion tons and contained 600,000 tons of uranium. I This estimate did not include any rock from North Carolina which has since been estimated at about 2 billion tons. For the most part, the known, economically mineable U. S. reserves - estimated at about 7 billion tons - are concentrated in a few areas: 43% in the western states of Idaho, Montana, Utah and Wyoming; 28% in each of Florida and North Carolina and less than 1% in Tennessee. In the past, Florida has supplied about 80% of the total U. S. production, practically all of which is land pebble phosphate. All forecasts indicate increased production rates from North Carolina and the western states.

Jan 1, 1976

By Magno Rodrigues Ribeiro, Alexandre Cabral Stelzer, Cacio José da Silva, Leonardo Nogueira Ferri, Marcelo Ciminelli Mendes, Christophe Bouché, Marco Aurélio Soares Martins, Evenilson Soprani Lopes, José Xavier da Silva Filho, Sérgio Luiz Dalvi

Since 2001, CVRD is carrying out a modernization project in it’s pelletizing plant’s automation systems, that comprehends instrumentation, control and information systems. In addition, the project includes implementation of advanced control systems, using artificial intelligence techniques, including fuzzy logic, expert systems and dynamic physical models, to increase production, reduce fuel and energy consumption and improve quality. This paper reports CVRD’s experiences in carrying out an optimization project.

Jan 1, 2005

By A. G. Yapo, T. W. Camm

"All-in sustaining cost is a metric used by mining companies to reflect the cost of gold mining in a consistent format useful to both investors and mining professionals. Cost reporting focused on the direct cost of mining and processing ore was summarized in the non-GAAP cash cost developed by the Gold Institute in 1996. In 2013, a group of mining companies, working with the World Gold Council, developed a more inclusive approach to reporting costs designed to solve the dilemma of showing a more comprehensive reflection of recurring costs involved in producing gold, without discouraging investors. INTRODUCTION Mining today plays a key role in the development of our civilization as a source of essential raw material and provider of essential fuels, producer of jobs, and a factor in support of the international balance of monetary payment (Camm, 2014). Professionals in mining locate, develop, design and manage ore deposits in an environmentally safe and profitable manner. As mineral deposits become increasingly scarce, new challenges face the industry. A current trend is to an increased emphasis on underground mining techniques for deeper deposits. Operations are safer today than before as companies understand better their work environment and the importance of mining responsibly. A continual challenge for the industry is accurately reflecting the costs and selling price of ore. An enduring characteristic of mining is the situation where the market typically determines the price of a commodity; the main control a company has on the bottom line is to control the cost of production. An attempt to bring light and clarity on the cost of their business will give a better idea to investors on the true profitability of the mining business. Gold producers face this struggle to accurately reflect the cost of production while also seeking to attract the interest of the investment community (Hill, 2013). In order to have a consistent format to report on their production costs, leading gold producers through their alliance inside the World Gold Council (WGC), worked on the adoption of a new cost framework: the All-in Sustaining Cost (AISC) and All-in Cost (AIC). Since 1996, the traditional cash cost reporting has focused only on the mining and processing costs incurred in mining an ounce of gold, which included the costs of goods sold (labor, energy, and consumables costs) and royalties (Table 1). But cash cost reporting ignores many important aspects, like sustaining capital, general and administrative expenses, and site rehabilitation at the end of the mine life (Whelan, 2013). The cash cost was used to attract many investors into the business. In fact the high gross margin (sales minus cash costs) has been promoted the past decades by the industry instead of the net or operating margin. As a result, even when the gold price was high, nearly $1900 per ounce in August 2011, gold producers were not reporting excessive profits in their cash flow / income statements, to the disappointment and incomprehension of investors (Milstead, 2014). The truth was simply that the other costs omitted in the traditional cash cost were reducing the apparent profits."

Jan 1, 2017

By R. Lindsay Mundell

During the past 12 years, use of longwall methods to mine coal in the United States has continually in- creased. Although these methods offer several advantages, health hazards often exist because of unique and difficult problems in the control of respirable dust. This paper discusses the results of respirable dust studies conducted on United States longwall mining operations in 1972and 1978. Current engineering control methods (ventilation, water application and use of machine cutting parameters) and administrative controls for minimizing employees' respirable dust exposures are discussed.

Jan 1, 1980

By H. Colijn

The ever increasing price of bulk commodities forces buyers and sellers in world markets to take a more careful look at methods for obtain¬ing accurate accounting of commodity trans¬actions in commerce and material utilization in processes. Depending upon the application of a sampling and weighing system or the use intended, inaccuracies can result in an eco¬nomic loss of income or a loss in quality of the process. It inevitably results in a loss of control of ones costs. The accuracy of samp¬ling and weighing systems is today extremely important, as they are recognized to be the key components of the overall management system designed to provide both quantitative and qualitative control. This paper will be confined to the weighing systems only and will deal with various as¬pects of system design, calibration and opera¬tions. Special emphasis will be placed on new developments and requirements in this field.

Jan 1, 1988

By R. L. Amelunxen

P. T. Freeport Indonesia (PI) in conjunction with Crescent Technology Inc. has developed a method to predict the metallurgical performance of ores blends based on the behavior of their component ores. The question addressed in this paper is whether ores treated individually could be extrapolated to predict the behavior of a blend of ores. The work further investigates the use of modal analysis to establish individual mineral flotation kinetics in each of the ore zones. This information would lead to the prediction of grade-recovery curves of ores made up of those minerals. Nine samples of ore, representing various zones of FI's Grasberg ore deposit were tested metallurgically and examined microscopically. The same testwork was performed on blends depicting the 1994 mill quarterly feed. Flotation kinetics of the individual ores were then "mathematically" blended and compared to the results obtained from the quarterlies. The calculated kinetics of the actual blends of ore received by the mill were fed to the simulation program and compared to the actual mill performance.

Jan 1, 1995