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By J. A. Corbyn

An analysts of mining investment from the point of view of financial optimization is presented. The method uses differential equations to describe financial performance rather than the more usual method of modeling mine accounts from year to year. The analysis shows there is a optimum mine life that can be easily determined if certain simplifications are made. Tables are given to facilitate computation of the optimum life.

Jan 1, 1985

By S Casas Castellanos

"Tyres consumption is one of the costliest branches of the operation in a truck-based haulage mine. Off-the-road (OTR) tyres working within undesirable conditions have a considerable negative impact on the whole mine’s productivity. Only the rolling resistance due to underinflated tyres could increase truck fuel consumption by 15 per cent. The impact of other conditions such as road surface quality and temperature are difficult to estimate. Tyre management is a demanding activity that requires a high level of coordination between maintenance and production departments.The project is aimed to develop a smart decision tool to assist mine managers to optimise tyre resources. By identifying factors that have significant impact on tyres, managers are able to take timely action to mitigate undesirable working conditions.The proposed model utilises real-time tyre measurement of pressure, temperature, speed, load, deformation and surface profile to report tyre performance in terms of tonne-kilometre-per-hour (TKPH) and tyre longevity. Both indicators are permanently monitored in order to trigger a warning system designed to keep tyres under optimal working conditions.An interactive database ‘Octo-Mine’ wirelessly receives records from a programmable logic controller (PLC) deployed on the truck. PLC records are the integration of multiple sensor signals with a time stamp. Octo-Mine utilises real-time and historical tyre records to generate online performance and longevity reports, as well as preventative and corrective tyre maintenance scheduling, by comparing current tyre status with established standards.To validate the model, the prototype database was populated with hypothetical data to simulate ideal working conditions subject to comparison with real field observations. Additionally, a laser-based technology prototype device successfully measured a new 9 mm tyre tread and a 60 000 km rolled tyre tread in the laboratory.In conclusion, optimal tyre management contributes not only to reduction of tyre waste but also to truck energy efficiency. This project is a first step in proving these benefits under real field conditions. It suggests that further development of sensor equipment and its integration with a communication system is a worthwhile focus for future research.Citation:Casas Castellanos, S, 2016. Optimum Management of Truck Tyres in a Mine, in Proceedings Ninth AusIMM Open Pit Operators' Conference 2016, pp 212–228 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 15, 2016

By T. Johnson, D. Kelley, J. Graham

"Hydrometallurgical processes can be exceptionally corrosive. Conditions associated with metal extraction and refining require materials of construction that can withstand process acids and acid chlorides at temperatures up to 90°C (194°F). Process vessels, piping, scrubbers and ducting can be rapidly compromised in these aggressive environments if not designed with care. Design engineers are challenged to find materials that can stand up to hydrometallurgical processes especially for copper, zinc, nickel, cobalt and uranium. This paper will evaluate material solutions to determine which provides attractive economics for initial procurement as well as high durability for reasonable life cycle costs.INTRODUCTIONMining activity in a number of metal ores has been running quite high over the last few years. In particular, those metals that employ acid functional extraction processes such as copper, nickel cobalt and uranium have been particularly active.The world’s largest nickel mine – the massive $4.76 billion Ambatovy nickel mine on the African island nation of Madagascar is nearing completion. When it reaches its full production capacity in 2013, the mine will produce 60,000 MT/yr of nickel and 5600 MT/yr of cobalt. Coming on the heels of the Ambatovy project is the Long Harbour Processing Plant in Newfoundland, Canada which will process the ore from Vale’s Voisey Bay mine in Labrador. Voisey’s Bay is expected to generate more than 50,000 MT/yr of nickel ore when it starts up in 2013. Next up will be the Boleo project in Mexico on the Baja peninsula. When commissioned in 2013, the $858 Million Boleo project is expected to produce 60,000 MT/yr copper, 3100 MT/yr cobalt, 36,000 MT/yr zinc and 100,000 – 250,000 MT/yr manganese carbonate.High nickel alloys and rubber lined steel have been used for decades to design corrosion resistant equipment for mineral processing environments. These materials demonstrate reasonable resistance to corrosion for most environments. Unfortunately, higher nickel alloys are quite expensive. Rubber lined steel is a bit more affordable but requires continuing service over time which ultimately drives up its cost as well. FRP (Fiberglass Reinforced Plastic) has also been used extensively in mineral processing for tanks, piping and ducting employed in aggressive environments. Today, more and more design engineers and material specifiers are calling for FRP composites for both new and replacement equipment used in the refining and processing of a variety of metal ores."

Jan 1, 2012

By P. C. Thakur

In gassy coal mines, some methane drainage is essential for mine safety, but the ratio of total methane drained to total methane produced by the mine can vary from 10 to 70 percent. The volume of methane not captured is diluted by ventilation air and vented to the atmosphere. Since captured methane can be processed and sold, it makes sense to maximize methane drainage from coal mines. This paper describes ventilation and methane drainage schemes to achieve these goals.

Jan 1, 2003

By Matthew J. DeMarco, Anthony T. Iannacchione

Coal bumps have presented serious mining problems in the U.S. throughout the 20th Century. Fatalities and injuries have resulted when these destructive events occur at the working face. Persistent bump problems can result in abandonment of large reserves or lead to premature mine closure. Through the years, a1ternative techniques such as artificial supports, extraction sequencing, destressing, pillar design changes and specific pi1lar retreat practices have been successful1y imp1emented to mitigate coal mine bumps. Several techniques have evolved for room-and-pi1lar operations that control the way the roof rock breaks, regulating the manner in which stresses are redistributed in the mined section. Special mine layouts employed in longwall mines have also proved to be successful in safely redistributing or containing excessive loadings. However, with ever increasing production rates, greater overburdens and new mining systems, the need to evolve even more effective bump control designs will continue to challenge the U.S. coal mine industry.

Jan 1, 1992

By Matthew J. DeMarco, Anthony T. Iannacchione

Coal bumps have presented serious mining problems in the U.S. throughout the 20th Century. Fatalities and injuries have resulted when these destructive events occur at the working face. Persistent bump problems can result in abandonment of large reserves or lead to premature mine closure. Through the years, alternative techniques such as artificial supports, extraction sequencing, destressing, pillar design changes and specific pillar retreat practices have been successfully implemented to mitigate coal mine bumps. Several techniques have evolved for room-and-pillar operations that control the way the roof rock breaks, regulating the manner in which stresses are redistributed in the mined section. Special mine layouts employed in longwall mines have also proved to be successful in safely redistributing or containing excessive loadings. However, with ever increasing production rates, greater overburdens and new mining systems, the need to evolve even more effective bump control designs will continue to challenge the U. S. coal mine industry.

By Wen H. Su

Multiple seam mining and its associated problems are very serious in Southern West Virginia where poor planning or lack of knowledge in seam interaction often results in complete loss of coal properties. Several measures have been proposed to alleviate the interaction problems under various multiple seam conditions, but few of them are specific in terms of mining plan. Two parallel approaches are adopted for this paper. One is field investigation which consists mainly of mine site visits and gathering of data. The other is the two-dimensional finite element simulation of mine workings using the data gathered as input. Two typical cases which represent the past and present multiple seam mining practice in West Virginia were investigated. Much attention is focused on the interaction problems experienced and the important parameters controlling interaction. Several key parameters controlling interaction in multiple seam mining were analyzed. Proper mining plans, by which the interaction problems can be minimized, are proposed for the individual cases after a better understanding of the interaction mechanism was realized through finite element analyses.

Jan 1, 1984

By Kadri Dagdelen

Production scheduling of an open pit mine is one of the most important steps in open pit mine planning. The production schedule of a mine defines the distribution of cash flows and as a result directly influences the net present value and overall economic feasibility of a project. It is becoming more and more critical to obtain an exploitation schedule of a deposit such that highest possible returns are achieved from a project. As the mining industry mines lower and lower grade ores, production scheduling is becoming a key item which can make or break a project. Although the need to plan and operate a mine with an optimum production schedule has been obvious for some time, the methods used to obtain such a schedule have not been. There is not a single, mathematically proven, optimum mine production scheduling algorithm which is widely accepted and used today. In an attempt to determine a production schedule which is optimum, a new algorithm was developed. This algorithm, in theory, is based on the lagrangian concepts of mathematics and in practice is based on the parameterization concept of mining. This paper describes the fundamentals of this newly developed algorithm.

Jan 1, 1986

By Y. C. Kim

For the past quarter of century, much more effort and research have been expended in developing the "optimum" ultimate pit limit design algorithms and much less to solving the "optimum" open pit production sequencing. However, the potential economic benefit to an operating mine is far greater for the latter than the former. Unfortunately, the problem of "optimum" open-pit production sequencing has not been fully solved to date. This paper first reviews the past and currently used methodologies for developing this sequence. The staggered pit phase geometry problem of advanced stripping and operational constraints such as ore and waste tonnage requirements by period and necessary contiguity of mining faces are the main reasons why the "optimum" production sequencing problem has not been solved as yet. This paper also explains why any method which attempts to simplify the problem using ultimate pit limit design algorithm will fail to reach an "optimum" solution.

Jan 1, 1994

By Thys B. Johnson

Traditional mine planning concepts are discussed and suggestions for improvement through use of the developed model are proposed. The approach developed in this paper allows optimal planning of the complete mining-concentrating-refining system over the entire planning horizon and permits the system to dictate how and when to process a block of material, i. e., a dynamic cutoff.

Jan 1, 1969

By Sebastian Avalos, Julian M. Ortiz

The long-term mine scheduling is the optimal decision on how to extract and process the mining reserves. The resulting plan is mainly driven by economic, metallurgical, and geological factors. Accounting for their uncertainties leads to a robust solution and the feasibility for economic-risk quantification. In this work, we model the spatial uncertainty of grade distributions of multiple correlated elements, by using a multivariate morphing transformation. The result is a set of multivariate geostatistical realizations of the grades, which honor the conditioning data, the direct and cross variograms, and the multivariate statistical distribution, inferred from a set of samples. These models are the input in a reinforcement learning framework, adopted to train a deep neural network that considers the grade uncertainty and leads to an optimum mine plan after training using deep Q-Learning. Mining and processing capacities, as well as economic parameters and metallurgical constraints, are incorporated as the reinforcement learning environment rules. The method is validated on a real deposit, providing insights for future applications.

Jun 25, 2023

By M. A. Usman, E. I. Akpan, S. O. Adeosun

Preliminary studies on the extraction and characterisation of biodegradable lignin from palm oil fruitbunch (POFB) for carbon fibre production has been conducted. Centra lComposite Design was used to determine the optimum operating conditions for maximum yield and properties of the extracted lignin. Soda concentration (1–3 wt/vol%), temperature (50–90 °C) and reaction time (20–30 min) were analysed using Rcore software. Experimental results show that using reaction temperature of 90 °C, time of 30 min and 3 wt/vol% soda concentration yields 3.3 g of lignin from 30 g of the POFB. The path of steepest ascent from ridge analysis shows that with temperature of 130 °C, time of 40 min. and soda concentration of 3. wt/vol%, 8.7 g of lignin can be extracted from 30 g of POFB. Analysis of FTIR and SEM show that the lignin has the same structure in all cases with minimal impurities.

Mar 1, 2017

By David A. Campbell

There has been a long history of ironmaking on the North East coast of England centered around the River Tees. The industry developed here because of the availability of good coking coals to the North in Co. Durham, and the discovery in 1851 of ironstone in the nearby Cleveland Hills, South of the .River. Cleveland ironstone is relatively poor in quality, with an iron content not exceeding h% and high proportion of sulphur and phosphorous. The iron exists in chemical association with alumina and silica, and physical beneficiation processes involve a serious loss in iron unless the upgrading is limited, when the economics of the process become doubtful. Over the years, richer foreign ores have replaced the local ironstone, and the last operating mine was closed in 1964.

Jan 1, 1982

By S. Abu-Samra

By virtue of its complex nature, the construction industry comprises a wide spectrum of interrelated variables and factors. This multifaceted character of the construction industry puts the use of engineering modeling tools and techniques on top of project management necessities. This research introduces a macro-level earthmoving management system using Genetic Algorithms (GAs) to reach the optimum allocation of earthmoving equipment. The Earthmoving Equipment Management System (EEMS) functions through four integrated modules: (1) A Central Database containing information about projects and available equipment; (2) An Equipment per Segment Selection module that calculates the cut and fill quantities, plots the Mass Haul Diagrams, and selects the equipment types to be used for each segment; (3) An Equipment Pool module which determines the production and cost for each available equipment, based upon the project site conditions; and (4) An Optimization Engine equipped with a GA optimization solver. This engine formulates the optimum earthmoving cost for all projects, by changing the number of allocated equipment. The Optimization Engine takes into account the number of available equipment and calculates the weekly equipment allocation. The EEMS model was implemented on an earthmoving company conducting five different projects on hand. The model proved to be an effective tool in providing decision makers with optimum equipment utilization on a multi-project scale to minimize the earthmoving cost. The results were then compared with the company?s existing micro-level management system, demonstrating better performance on the level of savings, amounting to 13% of total earthmoving cost.

Aug 1, 2013

Conflicting claims and views on the priming of ammonium nitrate/fuel oil (ANFO) are reviewed; certain fallacies and misconceptions are rectified. Optimum priming systems for a range of blasthole conditions are indicated. Moves towards optimum priming lead to reductions in the combined cost of drilling, blasting and handling the material. With shallow blastholes, two-point priming is rarely warranted. Best blasting results from single priming are usually obtained when the primer is located near, but not at, the bottom of the blasthole. As blast- hole depth increases, two-point priming becomes more reliable and effective than single priming. For two-point priming, primers should be located such that detonation waves in the ANFO collide at grade level or, if preferred, within a hard band in the burden. Where blastholes are very deep and/or strata variations can be appreciable, three or more spaced primers are often justified. The effectiveness of a primer varies with its detonation pressure, diameter and length. Primer properties influence the velocity of detonation (VOD) near the primer, but do not affect the final (steady-state) VOD in the ANFO. Some primers cause 'run-up' (i.e. lower than steady-state) velocities whereas others cause

Jan 1, 1974

By Ross Glanville

INTRODUCTION The Optimum Production Rate (OPR) is one of the most important parameters in the evaluation of a mineral deposit. The OPR can also be expressed as the Optimum Mine Life (OML) in years since the expected mine life is determined by dividing the OPR per year into the estimated ore reserves. Unfortunately, very little time and effort has been directed towards the determination of the OPR. Instead, "rules of thumb" are often applied to select a mine life without due consideration of the economic implications of such a selection. A "justification" for a particular production rate is often based on a pre-conceived arbitrary requirement for a mine life of 5, 10, or 15 years, for example. In this paper it is demonstrated that such arbitrary selections for high-grade/low-tonnage mines (such as many underground gold/silver deposits) often lead to sub-optimal results. In fact, an apparently uneconomic deposit at an arbitrary production rate may be economic at the OPR. Consequently, investment opportunities may be overlooked if one analyzes mine properties based on arbitrary production rates. This paper analyzes the interrelationships of variables such as production rates, capital and operating costs, cut-off grades, discount rates, metal prices, etc. The analysis shows that the OML for high-grade/low-tonnage deposits is often in the range of two to four years. Although such mine lives intuitively appear too short to many individuals, it should be noted that, in the past, much of the mining industry became familiar with the economics of large scale mining operations. The rules of thumb developed for such large scale operations should not be applied to high-grade/low-tonnage mines such as many of the underground gold deposits. DEFINITION OF OPTIMUM PRODUCTION RATE The OPR is selected on the basis of maximizing the net present value of the after-tax cash flows. However, as discussed later in this paper, the production rate selected for a particular mine may be somewhat higher or lower than the theoretical OPR as a result of other variables such as: 1) the probability or expectation of additional reserves being discovered 2) the likelihood of being able to custom mill nearby deposits owned by others 3) the configuration or attitude of the orebody, which may place upper limits on the production rate 4) the residual, or salvage values, of the mine/mill facilities COMPARISON BETWEEN DIFFERENT PRODUCTION RATES For an orebody with definite physical cutoffs*, or boundaries (such as faults or unconformities), the total ore reserves at different production rates may be identical. Consequently, for such an orebody, varying production rates result in differing mine lives. Although the metallurgical recoveries, the mine dilution, and other similar physical parameters may vary slightly at different production rates, the major differences are the capital costs and operating costs per ton. The ramifications of these differences are especially important at low production rates (up to approximately 1000 tons per day), but can also be significant at higher production rates.

Jan 1, 1985

By Ross Glanville

The Optimum Production Rate (OPR) is one of the most important parameters in the evaluation of a mineral deposit. The OPR cam also be expressed as the Optimum Mime Life (OML) in years since the expected mime life is determined by dividing the OPR per year into the estimated ore reserves. Unfortunately, very little time and effort has been directed towards the determination of the OPR. Instead, "rules of thumb" are often applied to select a mime life without due consideration of the economic implications of such a selection. A "justification" for a particular production rate is often based on a pre-conceived arbitrary requirement for a mime life of 5, 10, or 15 years, for example. In this paper it is demonstrated that such arbitrary selections for high-grade/low¬-tonnage mines (such as many underground gold/silver deposits) often lead to sub¬optimal results. In fact, am apparently uneconomic deposit at am arbitrary production rate may be economic at the OPR. Consequently, investment opportunities may be overlooked if one analyzes mime' properties based on arbitrary production rates.

Jan 1, 1984

By Norman D. Fitz, Gerald

BOTH physical and economic factors are concerned in determining the optimum rate of depletion of a mineral deposit. The physical limitations are, in a large measure fixed by nature. Economic influences on the other hand, are man-made and subject to wide changes. Analyses of the interrelations of these two groups of factors are of major importance in selecting the optimum rate of production of petroleum and mining properties and in their valuation. Physical Influences PRIMARY limitations on the rate of mining are the rate of shaft sinking and underground development, the rate of hoisting, and the rate of sloping. These rates are largely determined by the physical features of a property. Technical methods which may be employed, and consequently the length of time required, are governed by the dimensions of the deposit, its attitude, depth, regularity, the unit value and character of the ore, the nature of the wall rocks, and similar factors.

Jan 1, 1938

For a large scale open pit mining and concentrating operation, on a low-grade disseminated ore body, it is possible to set an approximate lower bound on economically feasible operating scales and an approximate upper bound on economically desirable scales in a relatively straight forward manner. The optimum scale ofplanned operations, with respect to the objective ofmaximisation ofthe net value ofthe orebody, will have to be arrived at by iterative planning runs, but it may be expected to lie close to this upper bound. The effects of infrastructural costs and of the addition of a risk premium to the cost of capital, to form the discount rate for planning purposes, are considered theoretically and by worked example. It is concluded that a perceived special, unsystematic, risk should not be accounted for by the use of such a risk premium as this is inducive to placing a greater amount of investment capital at risk, for no greater return-rate to investment.

Jan 1, 1986

By Prashanta K. Chatterjee

The planning of an underground coal mine requires a complex blend of technical expertise, experience and subjective design criteria implemented by the mining engineer. Currently the procedure is largely manual and requires considerable resources to generate a single mine plan. Often three or four people are assigned to work in the development of a single draft layout. Evaluation of the layouts is also tedious as it requires many repetitive calculations. The evaluation of layouts developed manually generally attempts to derive a single economically feasible solution. Operational constraints in underground coal mining such as manpower, time, equipment, etc, do not allow the generations of more than one alternative layout. As a result, the first plan is generally the only one considered. Computer-aided mine planning can automate many of the manual procedures and calculations involved in mine planning thus allowing to evaluate many layouts and mining strategies and to select the optimum plan with confidence. An optimized planning procedure will also provide the capability to evaluate mine performance continuously and critically, thereby helping to maximize return on investment.

Jan 1, 1986