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By J. D. Austin

Currency fluctuations affect the rand revenues of all exports of mineral commodities, as well as influencing their price on local markets. Of the more than 50 mineral commodities produced by South Africa, about 75 per cent derive 40 to 100 per cent of their revenues from exports. . Although supply and demand are largely beyond its control, management can maximize its revenues despite fluctuating overseas prices and exchange rates by using the right market at the right time. Management can operate in the futures markets, which involve a specific commitment to deliver a specific quantity of a standardized commodity at a set time in the future and at a price that is determined on a futures exchange in open auction; or management can use the options market, in which a producer can insure against the risk of a falling price by taking out a put-option, which gives the holder the right (but not the obligation) to sell the commodity at a stated price at an agreed time in the future. In the forward markets, management has three available tools; forward currency transactions, trading of currency options, and money market hedges. Revenues, currencies of exchange earnings, purchasing power of the rand, and world price trends are shown in over 40 diagrams and tables for the main mineral commodities produced in South Africa.

Jan 1, 1984

Colloquium on shaft sinking A successful colloquium which was attended by approximately 175 people was held on Shaft Sinking on the 15th November, 1972 at Kelvin House. Four papers were presented. The chairman for the first session was Mr W. W. Malan, Consulting Engineer, Goldfields of South Africa.

By G. M. Wright

We are only as good as we are perceived to be by others and, whilst there is every opportunity to revise and polish our written works, there are no second chances with a spoken presentation. At every level, conferences and seminars have been metaphorical graveyards for many an academic reputation.

Jan 1, 1990

By I. M. Wolff, M. B. Cortie

The Stainless Steels '91 Conference, which was held in Chiba, Japan in June 1991, was the fourth in a series of related international conferences on this theme. These conferences have a high profile and currently constitute a premier forum for exchange between researchers and industrialists active in stainless-steel technology.

Jan 1, 1991

By G. L. du Plessis

This paper describes the design, installation and operation of an endless rope haulage system recently built for and commissioned at Evander Gold Mines in Mpumalanga, South Africa. The factors which lead to the choice of such a system and the advantages gained over more commonly used winding systems are outlined.

Sep 1, 2001

By A. R. L. Thoresson, S. J. Lennon, F. P. A. Robinson

This paper reports and discusses experimental work carried out on heavy nickel-electroplated turbine-disc steel. Mechanical and fatigue tests were used to determine whether the coating was suitable for turbine-disc applications. It was concluded that dehydrogenation treatment is necessary in order to produce compatibility of the coating and substrate

Jan 1, 1988

By R. P. King

The ideas leading to the formulation and utilization of a flotation model are developed. The main theoretical and experimental work that has been carried out by the National Institute for Metallurgy Research Group at the University of Natal is presented. The two experimental flotation plants available to this Group are described.

Two employees of a gold mine on the West Rand risked their lives in saving four colleagues from being gassed underground in the mine, and were awarded one of the mining industry's highest honours, the Award for Outstanding Bravery. The President of the Chamber of Mines, Mr G. Y. Nisbet, made the presentation.

Jan 1, 1985

By J. L. Taylor

The belt-filtration plant at Chemwes Limited has been in operation for three years. The plant design is discussed. Operational and engineering problem areas are reported, and where possible the modifications or practices that led to their solution are mentioned. Capital and operating costs, together with selected general operating data, are also included.

Jan 1, 1983

By U. C. Galimidi, J. M. Stewart, A. J. Van Rensburg

The effect of body movement on convective heat transfer from a man performing a block-stepping task was investigated experimentally by direct measurements of convective heat transfer. A series of experiments was conducted in which a nude man was required to stand at rest or to block step at 12 and 24 steps per minute. Wind speed, which was kept constant during each experiment, spanned the range 0,5 to 3,5 m/so Air temperature was kept constant at 43 °C in all the experiments. The results showed conclusively that the convective heat-transfer coefficient depends on the stepping rate. The effect of body motion can be regarded as being equivalent to an increase in the velocity of the free stream. The equivalent increase in air speed was found to be 0,36 and 0,77 m/s for 12 and 24 steps per minute respectively. Data from various sources, including the present study, indicate that wind speed should be increased by about 0,30,0,55, and 0,80 m/s to account for low, moderate, and vigorous body movements respectively. These findings are of direct relevance to the practical assessment of heat stress.

Jan 1, 1979

By Austin Whillier, Duncan Mitchell

The problem of heat stress underground in the gold mines is approached on the basis of the heat transfer between the human body and the underground environment. Experimental measurements of radiant and convective heat transfer and a theoretical calculation of maximum evaporative heat transfer enable the maximum cooling power of an environment to be calculated in terms of the dry-bulb and wet-bulb temperature, the mean radiant temperature, the wind speed and the barometric pressure. For most underground applications the cooling power can be expressed as a function of wet-bulb temperature and wind speed only. The relative importance of wind speed and wet-bulb temperature can be assessed: in working places where wind speed is low additional cooling of workmen can be achieved better by increased wind speed than by decreased wet-bulb temperature. The wet kata reading proves to be of limited value as an index of heat stress because environments with equal wet kata do not necessarily have the same cooling power. Finally, thermal equilibrium with the environment is possible when cooling power equals or exceeds the rate of metabolic heat generation. The rates of metabolic heat generation for various underground tasks are indicated.

The kinetics of cyanide loss were found to be first order under any given set of conditions, allowing rate constants to be easily determined. At room temperature and in the absence of activated carbon, some cyanide is lost by hydrolysis to hydrogen cyanide, but this does not occur to any significant extent at pH values higher than about 10. A higher rate of hydrolysis occurs when air agitation is used. When activated carbon is present, an additional carbon-catalysed oxidation reaction is responsible for a fairly high loss of cyanide. The evidence indicates a reaction mechanism that consumes oxygen and produces cyanate ion. Some of the cyanate thus produced decomposes to form a mixture of ammonia, carbonate, and urea, depending on the solution conditions. Additional cyanide is lost as a result of the adsorption of sodium cyanide by the activated carbon. At high temperatures, an additional hydrolysis reaction, which involves the formation of ammonium formate as an intermediate, occurs an/j is responsible for. a high loss of cyanide, leading ultimately to the formation of ammonia, hydrogen, and carbon dioxide. The presence of activated carbon has no effect on the rate of this reaction.

Jan 1, 1990

The refractoriness of the gold in many of the pyritic ores from the eastern Transvaal is due mainly to the association between the gold and the sulphides, but it can be due to the presence of graphltlc carbonaceous material, which complicates the recovery of the gold by virtue of its adsorption activity. In an examination of the roasting characteristics of three flotation concentrates from the Barberton area, It was found that the gold in the concentrates occurred mostly in two forms: in very fine gold particles distributed within the arsenopyrite, and in a slightly coarser form loosely associated with the pyrite. Direct cyanidation of the concentrates gave gold extractions of from 16 to 30 per cent. After the concentrates had been roasted at temperatures of 650 to 700°C for 20 minutes with rabbling, the extractions varied from 86 to over 90 per cent. Examination of the residues after cyanidation indicated that gold was present in the porous calcines or in the calcined sulphide product. This observation, together with porosity measurements, suggests that physical encapsulation of the gold particles is the main reason for the refractory behaviour of the gold in the calcines.

Jan 1, 1988

Papers of Interest The following papers may be of interest to members. APCOM The Thirteenth International Symposium on the Application of Operation Research and Computer Techniques for Decision Making in the Mineral Industries will be held at the Technical University CIausthaI, Federal Republic of Germany, from 6th to 11th October, 1975.

Jan 1, 1975

NOTICE The Institute has received requests for copies of Uranium in South Africa', Vols. 1 and 2, but is unable to supply, as all copies have been sold out. If any members have copies they wish to dispose of it would be appreciated if they would contact the Secretary, P.O. Box 1183, Johannesburg. Telephone 834-1271.

By W. J. Whiten

Models of cone crushers and vibrating screens are described. These models have been constructed from actual plant data using a systematic model-building technique. Included in this technique is regression analysis using multi-dimensional spline functions. The models have been used too simulate complete crushing plants and hence to design and evaluate a control system for crushing plants.

By P. R. Jochens

It is interesting to note that, when the Technical Programme Committee-Mining first decided on this particular topic for a colloquium, the proposed title was different in that it used the words 'rising price of gold'. The very fact that the title was reworded to use the words 'fluctuating gold price' highlights the problem that faces the South African gold-mining industry.

Jan 1, 1981

Students The South African Institute of Mining and Metallurgy (SAlMM) places a high value on its student members, for these people will ultimately become corporate members and will, it is hoped, play an active role in the affairs of the Institute. Why should young persons at University or Technikon want to become members of our Institute? There are several reasons.

Jan 1, 1991

The Iscor Board has given its Mining Division the authority to proceed with detail engineering and design for a Heavy Minerals Project which comprises a mine in Northern Province near Gravelote, a mine in KwaZulu/Natal near Richards Bay and a central processing complex with a beneficiation plant and smelter which will be located near Richards Bay and Empangeni.

Jan 1, 1996

By R. F. Botha

I want to thank you for inviting me to deliver this, the closing address at the final plenary session of the 15th Congress of the Council of Mining and Metalurgical Institutions. Your Council has an impressive title, and justly so. Consider the expertise, the skill, the capacity, the achievement, that is gathered together here in this room this afternoon.

Jan 1, 1994