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By Michael A. Gustafson, Fernando B. Sotelino

INTRODUCTION The degree of success of any new project will ultimately depend on two factors: (i) the underlying economic strength of the project; and (ii) how successfully the parties involved can coordinate their interests to establish a financing structure which indeed capitalizes on the project's inherent economic attractiveness. A project's underlying economic attractiveness is determined by its inherent comparative advantage in accessing the factors of production, combining these factors of production to create a product and marketing this product. Initially, the decision regarding whether to go ahead with the project - the go/no go decision - has to be based on its total ability to generate cash flow returns to project participants to compensate them for resources committed and risks undertaken. The extent to which project sponsors will actually benefit from the project's inherent economic attractiveness is fundamentally dependent on their ability to establish the long-term financing arrangement which best meets the objectives and constraints of each project participant and sources the most advantageous funding. The decision regarding the financing of the project, the "how-to-go" decision, is then an attempt to find the capital structure, consistent with market terms and conditions and sound financial management policies which will best: (i) match planned outflows with cash inflows; and (ii) maximize the return for project sponsors. This article makes use of a case study to illustrate the analytical process involved in dealing with the go/no go and the how-to-go decisions on a project. Though most commonly applied to project finance situations, the guideline described herein is equally applicable to other financing situations, such as leveraged buyouts and debt restructurings, where timely repayment of debt depends largely on the future cash flows to be generated by the entity being financed. Our case study is of a hypothetical expansion of an existing copper mining operation in Latin America. The company, Latin American Copper (LAC) currently has 147 million metric tons of proven sulphide ore reserves. The existing mine complex consists of an open pit mining operation and a conventional flotation plant with a processing capacity of 20,000 metric tons of ore per day. LAC sells copper concentrates primarily to Japanese custom smelters. The mine has been in operation for 5 years, fine copper production last year was 108,240 metric tons, and LAC currently has assets of $175 million and net worth of $135 million. Due to a recent increase in proven reserves, LAC is considering doubling the treatment capacity of its flotation plant to 40,000 tons per day, and expanding its mining capacity to meet the additional concentrator capacity (the "Project"). Project capital expenditures and incremental working capital have been estimated at approximately $210 million. The construction period is expected to cover one year, including a three-month start-up phase. The Project is to be funded by a combination of equity, senior debt, including both supplier credits and/or commercial bank term loans, and subordinated debt. LAC's shareholders are willing to commit a maximum of $50 million to the Project. A government development agency, which is also a minority shareholder, might be willing to lend approximately $40 million to LAC in the form of subordinated notes, depending on the ability of the Project to generate foreign exchange reserves. Commercial banks cannot be expected to offer loans with maturities longer than ten years. The Project is expected to increase the value of the firm because: (i) It will solidify the Company's position as a low-cost copper producer by taking advantage of economies of scale. As a result of the expansion, cash production costs are expected to decrease 7.0[c]/lb. and all-in costs 11.0[c]/lb; (ii) The potential earnings stream from the sulphide ore reserves will be realized

Jan 1, 1985

By W. F. Holbrook, C. E. Wood, E. P. Barrett

The high-frequency laboratory induction furnace with a rotating liquid crucible enables research workers to conduct certain investigations heretofore very difficult or impossible to realize because vessels are not obtainable that are capable of resisting the physical conditions or the chemical actions to which they are subjected. Applications for patents covering commercial uses of centrifugal liquid crucibles were filed in the United States in 1919,' in France in 1925, in the United States and Germany in 1926,2 and in France in 1927.3 In 1928, Schuette and Maier,4 of the Bureau of Mines, reported the construction of a whirling table beneath a high-frequency induction furnace. Shape and Size of Centrifugal Liquid Crucibles When a vessel containing a liquid is rotated, the inner surface of the liquid takes the shape of a paraboloid under the simultaneous action of centrifugal force and gravity. The internal dimensions of the paraboloid rotating liquid crucible are governed by the diameter of the container and its speed of rotation. Melted Wood's metal was poured into cylinders 2 1/2 in. in diameter, which were rotated at 180, 300, and 468 r.p.m. When the metal was solid, a slurry of plaster of Paris was added, and rotation continued until the plaster had set. Fig. 1, a photograph of sections of the cylinders, shows the effect of speed of rotation of the containers upon the shape of the inner surface of the rotating liquid crucibles. Types of Furnaces Three types of high-frequency induction laboratory furnaces using liquid-metal crucibles were designed and constructed by the Blast

Jan 1, 1939

By L. S. Castleman, L. L. Seigle

IN a recently reported investigation, J. B. Clark and F. N. Rhines1 used a diffusion couple technique to determine the number of intermetallic phases which should be present in the Al-Mg equilibrium phase diagram. Their method was an application of the following generally accepted principle. If a diffusion couple made up of two metals is annealed at a given temperature for a long time, all the phases of the binary system which exist under equilibrium conditions at the diffusion temperature will form intermetallic layers. It is important that the diffusion temperature be high enough and the diffusion time be long enough to permit the nuclea-tion of all thermodynamically stable phases at the interface of the couples and their growth to observable thicknesses. These simple time-temperature criteria are at times difficult to satisfy, and it is the purpose of this note to point out a situation in which this is the case. The authors are currently studying diffusion bonding in the Al-Ni system." It is well established

Jan 1, 1958

By Donald C. Violetta

LIMITATIONS of the sintering process as applied to the agglomeration of fine iron-ore concentrates are related directly to the sizes and aggregating properties of the ore particles. A normal sintering mixture is composed predominantly of material which ranges in size from 5/8 in. to 100 mesh, whereas concentrate is composed of material which ranges in size from 100 mesh to less than 10µ. Unless the concentrate has high aggregating properties, it is quite impervious to a gas stream and, as such, inhibits the capacity and operability of the conventional sintering process. Material has Poor Aggregating Properties Aggregating properties, in this case, may be defined as the ability to form small agglomerated fragments or accreated masses by a normal mixing action, and the ability to maintain these shapes during drying and firing. Coarse-screened ores are a natural aggregate, and fine, slimey ores have good aggregating properties. However, specular-hematite flotation concentrate has a very low tendency to aggregate, due to its particle sizes, shapes, and surface chemistry and, as such, is readily air borne in a gas stream when dry.

Jan 3, 1958

By P. F. Mataich

When the subject of plant computers is brought up most people visualize the computer's controlling the entire plant with very little operator intervention. Actually, this picture is true today in only a limited number of cases and will certainly not be true in the minerals industries for many years to come. There are several ways in which a plant computer can significantly contribute to improving plant operation and closed loop control is only one of these. First of all, what are the basic ingredients for good plant control? For good plant control, two requirements must be met. First, the operator must get good information feedback from the process and then he must know what action to take in response to this information. Control information can be obtained through instruments, laboratory analyses, or through simple visual observation. If it is timely and accurate and the operator knows how to use it, then we have the makings of a good plant control system. The computer can be of help in both these areas by getting good data back to the operator and in helping to develop a good control scheme for the plant.

Jan 1, 1966

By Mark W. Sajewycz

Creating technology, securing patent rights, and managing a patent portfolio are time-sensitive and dynamic activities. Agreements should be in place with technology partners (employees, contractors, joint venture partners), prior to embarking on research and development projects, so as to mitigate future disputes over patent rights. Technology partners should be educated on patent law basics so as to be mindful of patent bar triggering events. Accurate records must be maintained to capture information relevant for preparation and filing of patent application, including subject matter, names of inventors, and invention date. Developed inventions should be evaluated for whether to file for patent protection, delay patenting until technology is further developed, maintain trade secrecy, or effect deliberate public disclosure. Once decision is made to file for patent protection, time is of the essence, and application for patent protection should be filed as soon as possible, as many countries award patents on a "first-to file" basis. Decisions on where to file are made having regard to potential competitive advantages versus cost considerations, and can be delayed by taking advantage of priority rights recognized in patent legislation of most countries. Once patents are granted, competitors must be policed for potential patent infringement, and legal action may be necessary to prevent patent infringement.

Jan 1, 2006

By C. H. B. Leitch, T. N. MacAuley, R. L. Linnen, A. E. Williams-Jones

"The Trout Lake stockwork molybdenum deposit is temporally and spatially related to the emplacement of a late Cretaceous granodiorite-tonalite stock in southeastern British Columbia and contains an estimated 49 million tonnes grading O.I9% MoS2- No metal zonation patterns are apparent, with the exception of peripheral tungsten skarn, and exploration was guided largely by geological interpretation. It is typical of the granodiorite, or fluorine-poor type of molybdenum deposit. Molybdenite is contained within a quartz-feldspar vein stockwork and coeval dissemination in igneous (and less commonly metasedimentary) hosts. In general, molybdenite is strongly associated with alkali feldspars, but in detail it is intimately associated with incipient muscovite replacement of albite and K-feldspar; veins that lack feldspars are also typically barren of molybdenite. These textures suggest that fe/dspathic alteration (and precipitation in veins) was an important precursor to mineralization, and the occurrence of similar textures elsewhere (e.g. Henderson) suggest that early feldspathic alteration is important to the genesis of molybdenum deposits in general. Molybdenite deposition at Trout Lake was preceded by contact metamorphism, skarn and potassic alteration, and was overprinted by muscovite-ankerite (phyllic) alteration. Only moderate temperature changes are recorded by the metamorphic and alteration mineral assemblages (350°C to 450°C}; however, with time, fluids became increasingly more acidic and enriched in C02- In light of the intimate molybdenitemuscovite intergrowths, the decrease of pH probably exerted a major control on mineralization.IntroductionGranite-hosted molybdenum deposits can be classified in terms of the composition of the related intrusion, e.g., the granodiorite and granite types of Mutschler et a!. (1981), or the calc-alkaline, alkali-calcic, and alkalic types of Westra and Keith (1981). They have also been classified on the basis of their fluorine contents (Theodore and Menzie, 1984) with the fluorine-rich and -poor varieties roughly corresponding to granite- and granodiorite-type deposits, respectively. For economic reasons, most exploration and research has concentrated on the high-grade/large tonnage granite-type of deposit, exemplified by Climax. F1uorine-poor, granodiorite-type deposits are, however, the most common type in Canada and have been mined in the past (e.g., Endako). In this paper, the authors summarize the research that has been carried out on the fluorinepoor Trout Lake deposit (Boyle and Leitch, 1983; Linnen, 1985; Linnen and Williams-Jones, 1987; 1990) and use what has been learned to develop guidelines for the future exploration of fluorinepoor, granodiorite-type molybdenum deposits."

Jan 1, 1995

By H. Copur

Roadheaders have become widely used in underground mining and tunneling operations because they offer the flexibility to excavate soft- to medium-strength rock formations. A critical issue in successful roadheader application is the ability to develop accurate and reliable estimates of machine production capacity and the associated bit costs. Increased pressure to improve productivity and lower costs in the mining and civil construction industries has been the driving force behind the more wide- spread use of mechanical excavation systems. This has caused both industries to move away from the conventional drill and blast methods. Additional benefits of mechanical mining include improved safety, reduced ground support requirements and fewer personnel. These advantages, coupled with recent enhancements in machine performance and reliability, have resulted in mechanical miners taking a larger share of the rock excavation market. Roadheaders are the most widely used underground partial-face excavation machines for soft- to medium- strength rocks, particularly for sedimentary rocks. They are used for development and production in soft rock mining (main haulage drifts, roadways and crosscuts), particularly in coal, industrial minerals and evaporitic rocks. In civil construction, roadheaders are used to excavate railways, roadways, and sewer and diversion tunnels in soft ground conditions. They are also used to enlarge and rehabilitate underground structures. Their ability to excavate almost any profile opening also makes them attractive to those mining and civil construction projects where various opening sizes and profiles are needed. In addition to their high mobility and versatility roadheaders are generally low capital cost systems com- pared with most other mechanical excavators. Because of higher cutting-power density due to a smaller cutting drum, roadheaders can excavate rocks harder and more abrasive than continuous miners and borers.

Jan 1, 1998

By K. F. Unrug

Eastern coalfields have been extensively strip mined. In the past, contour mining left vast areas of post-mining highwalls and benches. Thin seams, which cannot be feasibly mined with conventional methods, quite often contain substantial reserves of high quality coal. Unconventional secondary recovery methods may permit economical production of that coal, increased use of reserves, and provide resources for restoration of orphaned land. Technical and rock mechanics implications of secondary mining methods are discussed to determine their limitations and the objectives of required research.

Jan 1, 1986

By Kurzeme M, Willoughby D. R

Current research at the CSIRO, Division of Applied Geomechanics, into the mode of response of fill as a structural component has been based on model tests for prediction of behaviour and field observation of critical parameters. The procedure is summarised in four stages: (a) define the specific fill function (b) postulate the mode of failure (c) use models to quantify the conditions (d) monitor critical parameters to check or update the analysis in (c). The above procedure is used to postulate the failure modes of each of the possible func- tions performed by fill materials. Analytical techniques, or lines of investigation, are described for each of these modes and specific reference is made, where, possible, to an exis- ting mine environment.

Jan 1, 1973

Geochemical data on Australian granites and pegmatites9 and the.,mineral.components of these rocks, is presented and compared with that obtained in similar studies in.the U.S.òS.R and:.elsewhere.The petrochemical character of tin granites and the trace.-chemistry of their component minerals, particularly biotites, have some significance as ore guides in prospectingfor tin.The primary geochemical dispersion of tin can be readily tested both in the laboratory and field by colourimetric methods, after volatilization with ammonium iodide, using modifications of.the method described by Wood (1958).Secondary dispersions of tin in residual soils or.alluvia can likewise be readily tested by rapid colourimetric methods in the field, but simple hydraulic methods,.handling larger-. sample volumes, give reliable outlines of dispersion patterns.

Jan 1, 1963

This volume summarizes characteristics and the geological setting of porphyry copper deposits of the Western Hemisphere. Grouped by characteristics, porphyry copper deposits are described in six regions: Andean orogen, Appalachian orogen, Alaska, northern Cordilleran orogen, southern Cordilleran orogen, and the Caribbean. Each region has its own peculiarities of geologic setting, and those deposit characteristics that may be projected from one chapter to another will be used in reaching the conclusions from which to draw genetic models for porphyry copper deposits. The term porphyry in this volume denotes a type of ore deposit, rather than a rock classification. The classification of intrusive igneous rocks used in this volume is shown in Figs. 36a and 42 (pp. 103, 130). Some modern classifications suggest mineral-ratio definitions other than those used in this volume; however, most literature references cited are based on the classification shown in Figs. 36a and 42. The reader should be aware, therefore, that quartz monzonite in this volume contains from 35% to 65% potassuim feldspar and at least 10% quartz. A term used in this volume is defined where introduced within the context of a specific chapter. Distensional tectonic conditions are used in the sense of Cady (1972) in the Appalachian orogen, for example. Porphyry copper deposits are defined as large bodies of mineralized rock, usually including a porphyritic intrusive phase, that have copper sulfide minerals disseminated through them. The definition has no commercial connotation and is used strictly in a noneconomic sense to encompass the spectrum of copper mineralization associated with these deposits. Terms commonly accepted in the literature are not defined. Porphyry molybdenum and porphyry copper deposits commonly are distinguished by most economic geologists. The basis for the separation is summarized in one chapter of this volume. To permit the reader to more easily peruse the bibliography for any particular region, references will be found at the end of each chapter. The bibliography is not intended to be complete, but is designed to provide adequate minimum coverage for descriptions of deposits in the chapter concerned. Each entry is properly referenced in the text of that chapter to facilitate the reader's research into any particular topic. This volume is written from the point of view of the exploration geologist whose task it is to evaluate the structural, petrographic, mineralogic, and metallogenic characteristics of a porphyry copper deposit. The goal of the evaluation is to determine if, and where, concentrations of metals may exist in an igneous- hydrothermal system that includes the most complex set of geologic factors found in any of the many types of ore deposits. The successful porphyry copper geologist is simultaneously a petrographer, geochemist, structural geologist, and mineralogist. Some porphyry copper deposits have developed in volcanic arcs underlain by a Benioff seismic zone with a trench paralleling the arc. The most convincing example of a deposit known to have developed in an environment where subduction is an active process is the 3.3 m.y. (million years) old Dry Creek occurrence in the Aleutian arc (this volume). On the other hand, the younger deposits in the Cascades appear to have formed in a volcanic arc lacking both the Benioff zone and the offshore trench. Subduction is not widely accepted as an active mechanism for the period when the younger Cascade deposits formed. Subduction has also been questioned for deposits formed at a great distance from a plate boundary (e.g., Bingham). Regardless of the pros and cons regarding subduction, most deposits are associated with regional faults. Strike-slip

Jan 1, 1978

By LeRoy A. Thorssen

The use of lightweight aggregate as a constituent of concrete is not a recent development. Pumice was used by the early Romans, in pozzolana cement concretes, in the construction of many of their works. However, the recent development of manufactured lightweight aggregates, such as the expanded shales, vermiculite and perlite, has created a possible use for a whole new group of Portland cement concretes. Concrete can now be produced with unit weights ranging from 30 to 150 pounds per cubic foot and with various insulating, fireproofing, acoustical and structural properties. The tonnage of such materials being used has increased considerably in each of the past ten years, and can be expected to increase for the next several years as availability of the aggregates becomes more widespread and the properties of such concretes become more thoroughly investigated and more generally known. LIGHTWEIGHT aggregates of many types have become avail-able to the construction industry in most localities on this continent

Jan 1, 1963

By John A. Church

IT is a well-known fact that under similar conditions a ton of pig iron can be made from any ore with less fuel when charcoal is used than when coke or anthracite is employed for heating. The cause of this superiority is entirely undiscovered, and no explanation has yet been offered which has won even temporary acceptance. Such as they are the hypotheses heretofore presented are of two general kinds, and they come from those two divisions of the working force which are so often antagonistic in all professions, the scientific and the practical men. The theory of the scientific men is drawn from the chemical reactions which are known to go on in the furnace, and it is well expressed in a recent paper by Prof. Akerman, of the Stockholm (Sweden) School of Mines. It makes the superiority of charcoal as a fuel in the blast furnace to depend upon its quick and thorough reduction of carbonic acid. This property belongs to charcoal in virtue of its porous structure. Its cells have a diameter of only one twenty-four hundredth of an inch, and one grain of charcoal has been computed to have a surface of two and four-tenths square feet. According to the theory in question, carbonic acid is formed by the first impact of the air upon the fuel; but in charcoal furnaces the acid is immediately reduced to oxide by taking the necessary amount of carbon into combination, and the gas reaches its highest reducing power even in the near vicinity of the tuyeres. Coke, being harder, does not produce so strong a reducing gas in that part of. the furnace. Carbonic acid is formed as in the case of charcoal, and remains longer before its reduction to oxide is completed. Anthracite is the

Jan 1, 1879

By Michael G. Li

Prediction of acid rock drainage (ARD) for low-sulphide, low-neutralisation potential (LSLNP) mine wastes is methodologically different from that for normal sulphidic mining wastes. In this paper. LSLNP wastes are conveniently defined as those with S2 < 1% and ABA-NP2 < 20 kg CaCO3 eq/t. The distinctiveness of ARD prediction for LSLNP materials originates from their frequently low oxidation rates and is mainly attributable to two reasons. First, the utilisation efficiency of available carbonate neutralisation potential (CNP2) rapidly deteriorates when the sulphide oxidation rate per unit mass of waste drops below a certain level. Reducing the flushing rate of a waste has the same effect as increasing the oxidation rate. Second, silicate neutralisation becomes increasingly important as oxidation rates diminish, and can no longer be ignored in LSLNP materials as it often is for normal sulphidic mine wastes. In this paper, the effects of oxidation rate, pore gas CO2 partial pressure, and flushing rate on ARD prediction for LSLNP materials are theoretically demonstrated with the help of modelling using the computer program MINTEQA2. A new methodology for ARD prediction for LSLNP materials is presented in terms of a prediction procedure. Finally, a case study is given to validate some of theoretical aspects discussed and to illustrate the use of the newly proposed ARD prediction procedure.

Jan 1, 2000

By A. Hamilton Garner

The occurrence of oil seepages in Venezuela has been known since the early days of Spanish occupation. It was not until 1912, however, that any serious exploration work was undertaken. In that year, the Caribbean Petroleum Co., then a subsidiary of the General Asphalt Co., employed a large staff of geologists to make a systematic survey of large areas in eastern and western Venezuela, selecting the most desirable localities out of the immense area covered by the Valladares concession. This preliminary work was completed in the fall of 1913, and in February, 1914, the company completed its first commercial well at Mene Grande. Development work has progressed slowly, for various reasons, but petroleum in quantity has been encountered in nine widely separated localities. The Mene Grande field has been put on a producing basis and approximately 4,000,000 bbl. of oil is being shipped annually. Increasing quantities of oil are now being drawn from El Mene and La Rosa. In the light of these developments, the world&apos;s need for oil reserves, and the proximity of Venezuela to the United States, American capital is being attracted more and more to Venezuela. Although considerable careful geological work has been done in Venezuela by the various oil companies now operating, most of the data is buried in the company files, and the published literature has been extremely meager. The most valuable contribution to date has been a map and report by Jahn, which, as it was printed in Spanish, is not generally available to the American oil public. Venezuela, located in the northwestern part of South America on the Caribbean Sea, lies between l° and 12° north latitude. Its principal

Jan 1, 1925

By M. S. Delibalta, S. Kahraman, R. Comakli

The block cutting machine is one of the most important noise sources in the stone processing factories. In this study, the assessability of the noise from the block cutting machines in the stone processing factories using the P-wave velocity was investigated. The noise levels of some block cutting machines were firstly measured during the cutting of the three different rocks. Then, core samples of the same rocks were cut by an automatic cutting machine in the laboratory and noise levels were measured. A conversion factor was obtained by dividing the site noise levels by the laboratory noise levels. Then, thirty seven different rocks were cut by an automatic cutting machine in the laboratory and noise levels were measured. The P-wave velocity of rock samples were also measured in the laboratory. A strong relation between the laboratory noise levels and the P-wave velocity was found. The noise level from the block cutting machines can be assessed using the derived relation and the conversion factor.

Jan 1, 2011

By S Graskoski, S Craig, C Myburgh

Too often in mine planning, maximising revenue-generating material takes precedence over minimising costs. The ability to target both revenue and cost optimisation enables mine plans to fulfil corporate objectives of targeting maximal project net present value (NPV). The state of current mining costs and increasing government regulations in Australia are forcing many mine planners to pay closer attention to cost minimisation. Dumping waste material, which ultimately forms waste landforms, represents a large cost to mining operations. A general mine, with a waste to ore strip ration of 6:1, allocates approximately 32 per cent of total mining costs to waste haulage alone (Gregory, 2003).Most scheduling packages do not dynamically build economic or minimal cost dumps as part of the scheduling process. In most cases, waste dumps are built after a mining schedule has been defined. Automated software is now available which dynamically schedules the pit and waste dumps together. The overall shape of the waste dump is therefore dictated by minimum cost or minimum haulage hours.The purpose of this paper is to compare dynamic pit and waste schedules to traditional methods which apply haulage estimations after defining the mining schedule. This paper includes a case study on the large open pit operation at Tropicana Gold Mine, a joint venture between AngloGold Ashanti Australia Ltd (70 per cent) and Independence Group NL (30 per cent). The operation will focus on mining three large open pits over a 13-year mining life. A total of 397 Mt of waste is mined and directed to multiple destinations including waste dumps, the run-of-mine (ROM) pad and tailings storage facility (TSF) perimeter.Due to these complexities, management of the haulage fleet, especially during the critical period of operation readiness and start-up, is essential. Critical infrastructure such as the TSF and ROM pad will need to be built early and these areas, as well as the sequential development of the waste dump, will need to be developed within the constraints of structured mining fleet build-up.This paper investigates the influences of haulage estimation accuracy and compares traditional approaches for waste planning to automated approaches using EVORELUTIONÖ.CITATION:Graskoski, S, Craig, S and Myburgh, C, 2013. Dynamic pit and waste dump schedule optimisation at Tropicana Gold Mine, in Proceedings World Gold 2013 , pp 121-128 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By W. D. Robertson

THE effect of a tensile stress in accelerating the corrosion-cracking of certain alloys of aluminum, magnesium and iron is widely recognized. The literature is extensive and it is only necessary to cite the recent ASTM-AIME Symposium.1 There are, however, no experimental data conclusively showing the effect of an applied compressive stress. It has been inferred, from the generally accepted mechanism postulated for the acceleration of corrosion by an applied tensile stress, that a compressive stress would inhibit corrosion. Furthermore, it is observed that corrosion cracks invariably start on the tension side of a specimen bent as a simple beam. This observation has led to the suggestion that shot-peening of the surface would inhibit or eliminate stress-corrosion cracking in magnesium alloys, and aluminum alloys.3 However, the degree of inhibition produced by shot-peening does not appear in the literature except for the above qualitative references which are unsupported by experimental data. Moreover, while peening undoubtedly imposes a surface compressive stress, the alteration of the surface by the severe cold-working involved complicates the interpretation of the results with respect to the effect of a compressive stress alone. If corrosion proceeds along preferential paths produced by precipitation from solid solution, it is easily understood how a component of tensile stress normal to these paths will accelerate the corrosion and lead to ultimate failure. On the other hand, if the metallurgical conditions are such as to create preferential corrosion paths, then it is difficult to understand how a compressive stress, produced by shot-peening or any other method, can inhibit corrosion except in the sense that the accelerating factor is removed. Thus, if the basic corrosion mechanism remains unaltered, there should be little or no inhibition resulting from the application of a compressive stress if in¬hibition is defined as the reduction of the degree of corrosion below that experienced in the unstressed state. The experiment described below was performed to isolate and evaluate the effect of a compressive stress on the corrosion and stress-corrosion cracking of a high strength aluminum alloy (24-S); and, by a comparison of the corrosion rate of specimens subjected to an applied tensile stress, compressive stress and in the unstressed state, to clarify the role of stress in intergranular corrosion. EXPERIMENTAL PROCEDURE The experiment was conducted with the aluminum-copper-magnesium alloy known as Duralumin 24-S.* Specimens, 0.064 in. thick, in the form of I in. wide strips sheared parallel to the rolling direction,

Jan 1, 1947

"Pilot plants for pressure hydrometallurgy represent special design and project execution challenges. Over the past twenty years, Zeton has designed and fabricated a variety of world-class pressure hydrometallurgical pilot-plant facilities, and this paper discusses design considerations and strategies related to such projects. Project execution methods are also discussed, and guidance is given for the selection of materials of construction and for the selection of appropriate pressure and temperature design points for pressure hydrometallurgical pilot equipment. The paper concludes with a discussion of the need for process similarity with future commercial operations and the realities of pilot-scale equipment.INTRODUCTIONThe process technology developer or owner and the designer/fabricator of a new pilot-plant facility are faced with some difficult technical choices even after the decision to build a dedicated plant has been taken. A pilot-plant project is usually on the critical path of a large commercial project involving investments many multiples greater than the capital cost of the pilot plant. Schedule savings in the design, manufacture, and commissioning of the pilot plant or in a rapid completion of the experimental program can be disproportionately beneficial to the overall development project. However, inappropriate shortcuts resulting in major oversights can be disproportionately problematic.A number of considerations and suggestions for both the project execution approach and the process engineering design of pressure hydrometallurgical pilot-plant facilities are presented as a guide for potential owners and operators of new pilot-plant equipment and facilities."

Jan 1, 2012