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By Neil Schofield

"The estimation of recoverable ore reserves for feasibility in precious metal deposits such as Pine Creek must account not only f or the extreme variability of the ore grade but also for the complexity of the geology. Compatible models f or both must be adopted. Further, very selective mining demands reserve estimates be based on small selection units whose individual grades cannot be estimated reliably from the exploration drilling data.Multigaussian kriging is one method based on a multivariate normal model for estimating recoverable reserves under such conditions. In this paper, a non-mathematical description of the multigaussian model is presented together with its application to the Pine Creek Gold Deposit. The results, when compared to the first year of production, are encouraging for the model but not without surprises.Together, Part 1 and Part 2 of this study combine a detailed and geologically conditioned variogram analysis with an appropriate estimation method for a highly variable low-grade gold deposit. This and other studies of gold deposits familiar to the author show convincingly both that while the appropriate geostatistical skills and techniques are necessary to tackle the question of reserves, equally important but often discounted is the need for an appropriate and compatible geological model. IntroductionThe Pine Creek gold mineralization is associated with saddle reefs, and quartz and quartz- sulphide veining within the Enterprise Anti cline. The anticlinal structure is complex and, prior to mining, the mineralization was considered to be mainly strata controlled. Grades vary up to 160 grams in l .5rn core samples with coefficients of variation in excess of three.The estimation of the recoverable reserves for such a depo sit must account for both the geological complexity and the extreme variability of the gold grade.Part 1 of this work presented the geological model for the deposit and summary statistics 0 f the gold data. A detailed structural and variogram analysis considered both gold grades and the normal score (or gaussian transform) of these gold grades for different composite sizes."

Jan 1, 1988

By Andrew J. Neale, Brian C. Flintoff

"In most mineral processing operations the term ""audit"" is usually reserved for the exercise of checking financial records and/or safety practices. While these activities are time-consuming, no one disputes their necessity or value. If these areas are subjected to such careful scrutiny, why is it that the same principles are not normally applied to critically examine process operation. After all, the operating efficiency of the plant impacts directly on the measures of profitability.A mineral processing plant is a complex system that has a number of distinct, but mutually dependent elements: process equipment, instrumentation, operating policies, maintenance policies, control strategies and people. To ensure maximum economic performance in the dynamic environment that characterizes a concentrator, requires a periodic review of each of these areas. However, to be useful, the study must be based on sound metallurgical principles and be conducted in a highly focussed manner. Experience has shown that the exercise is very revealing and rewarding.This paper will discuss the plant audit process and illustrate its potential value through examples taken from plant studies."

Jan 1, 1992

By Yann Sivry, S. Subramanian, Divyasree C. Prabhakaran, Jean Riotte

The potential of a bacterial strain isolated from water samples collected from a chromite mine in Odisha, India has been assessed for the bioremediation of hexavalent chromium, a toxic environmental pollutant. The isolate was identified as Sphingopyxis sp., a Gram negative bacterium, adopting molecular biological protocols and biochemical characterization techniques. Detailed investigations on the bioremoval of Cr(VI) were carried out using Sphingopyxis sp. cells and the various parameters affecting the biosorption process were evaluated. About 55 % biosorption of Cr(VI) was obtained using Sphingopyxis sp. bacterial cells and the residual chromium in solution was found to be bio-reduced to the trivalent form, namely Cr(III). Thus, complete bioremediation of Cr(VI) could be achieved using the mine isolate, with contributions from both biosorption and bioreduction mechanisms. The Cr(VI) biosorption isotherm obtained for the isolate was found to follow a typical Langmuirian behavior and the free energy value of biosorption was determined to be ~-25 kJ/mol, indicative of involvement of chemical binding forces in the bioremediation process. The chromium biosorption kinetics by the isolate followed a pseudo second order reaction. The FTIR spectral studies revealed that carboxyl, hydroxyl, amino and phosphate groups were involved in the biosorption process. X-ray photoelectron spectroscopic studies on the bacterial cells interacted with Cr(VI) confirmed the presence of both Cr(VI) and Cr(III) on the cell surface. The electrokinetic studies revealed that the surface potential of the bacterial cells were less electronegative subsequent to interaction with Cr(VI), compared to the cells alone, which further testified to the binding of positively charged Cr(III) ions, formed by bioreduction of Cr(VI), to the bacterial cell surface. A marginal shift in the iso-electric point obtained for the bacterial cells interacted with Cr(VI), corroborated the involvement of chemical binding forces in the bioremediation process.

Jan 1, 2016

By B. Arsenault

Aluminum coatings can provide galvanic cathodic protection for several metals and alloys, In order to be a suitable protective solution on structural components, the mechanical integrity of the component must be preserved, In particular, fatigue properties are a challenge for thermal-spray protective coatings on mechanical structures, To address the issue of the fatigue integrity of 7075 aluminum alloy with an arc-sprayed protective coating, different surface preparations prior to arc spraying were considered, In the present work, a feasibility study was performed using laser ablation as a surface-preparation technique before or during arc spraying of coatings, This was collaborative effort between the LERMPS laboratory in France, the National Research Council Canada and the Royal Military College of Canada, Both fatigue and adhesive properties of aluminum coatings were evaluated in relation to substrate-surface-preparation techniques including laser ablation (Protal® process), grit blasting and shot peening. Results indicate that a combination of key conditions, including the use of nitrogen as the arc spray gas, shot peening, and proper laser energy density for ablation, provide high fatigue resistance of metallic coated 7075 alloy substrates. Specimens prepared under these conditions show a similar fatigue resistance to uncoated substrates.

Jan 1, 2005

This paper examines the latest advances in mine hoist motor and drives systems. The technology employed for large hoists has migrated from the traditional DC technology to AC motors with cyclo convertor drives, and more recently, advances in pulse width modulation (PWM) drives have resulted in these being applied to large hoist drives. When combined with PWM drive technology, the induction motor presents the ideal solution for hoist applications This paper examines the factors in choosing a suitable PWM drive and motor for a hoist installation. Factors under consideration include: ? hoist duty cycle, ? drive rating restrictions, ? choice of power semiconductor device,, ? low speed operation, ? maintenance ? reliability The cage induction motor and synchronous motor are compared and it is shown that the induction motor is the motor of choice for large hoists.

May 1, 2010

By G. D. Just

"Extensive mechanization of underground mining operations, improvements in blasting technology and the development of simulation models for systems evaluation has now made it feasible to optimize rock fragmentation and materials handling operations. Methods of achieving these objectives are described in this paper, with particular emphasis on the need to obtain precise field data measurements. Techniques are illustrated with reference to the sub-level open stoping system of mine production. IntroductionThe primary objective to be achieved in any mining system is to deliver a specified grade of ore to the mineral processing plant at a planned delivery rate and at the minimum total mining cost. Design and management of such a system is complicated by the large number of unit operations and the often unknown inter- relationships between the different unit processes. This particularly applies in underground mines, where planning restrictions and unit costs are much greater than in comparable tonnage sur face mining operations. These difficulties can often be resolved by the application of judgment based on extensive experience, but the costly trial -and-error methods required for new technology discourage innovation.Most modern medium- and large-scale mines are now extensively mechanized. Consequently, the performance of each unit operation by individual items of equipment should be predictable for a given set of conditions. An essential prerequisite is that quantitative performance data are available from field measurements. Such information can then be used to optimize the design and management of the complete mining system to achieve the minimum tot al mining cost. One of the most significant factors influencing all unit costs is the degree of rock fragmentation. The importance of this variable is indicated by the fact that opt imization of rock fragmentation implies minimization of tot al mining system costs."

Jan 1, 1980

By M. Scobie, T. Atkinson

"This paper reviews the development of new designs in extensible and high angle conveyor systems. These aim to overcome the limitations of prior alternative concepts in design. The application of such systems in strip, terrace, open pit and mountain mining is reviewed. IntroductionTruck haulage costs have tended to escalate in recent years. This has been primarily due to operations generally moving to greater depths with associated increases in haul distances . Periods of high inflation rates have also been experienced for diesel fuel oil, tires and other petroleum based products. Recent international political events have tended to regenerate concerns over future oil supply and price stability. For such reasons, conveyor based transport is becoming increasingly attractive. Truck haulage maintains an inherent flexibility and improvements continue to be made in performance and capacity. Doubts must exist, however, over the extent to which further economies of scale may be made. Conversely, belt conveyor systems do not suffer this constraint and have the following advantages:• Electrical power is used and the specific energy consumption is at least half that required for truck haulage.• Operating costs and skilled labour requirements are lower.• Equipment has superior longevity and is ""inflation proof"" .• Access roads can be steeper and narrower in most mine environments, reducing construction and maintenance costs.• They are less prone to breakdown and bad weather delays .• In long haul, high capacity operations conveyors can save substantially on capital cost.• Environmental impact is improved with reduced noise level, dust and atmospheric pollution. Although conveyor systems are less flexible in operation than truck haulage and although a breakdown in any part of the system can immobilize the total system, mechanical availabilities of + 80% are constantly reported by large operators. There would appear in the past to have been some prejudice against conveyor systems in hard rock mines due to lack of experience. Apparent reservations would apply equally 10 underground coal mines, yet practically all of these mines (and some underground hard rock mines) find conveyor systems more economical than other transport systems."

Jan 1, 1991

By Alexandre Desbarats, Michel David

"All optimum pit design studies start from the geological are reserves inventory, the estimated grades of all blocks of potential are within the interpreted limits of the deposit. The actual optimization procedure is then carried out on block valuations based on these estimated grades. Thus, the relevance of any pit design can be seen to depend directly on the ore reserve estimation . To insure a proper pit design, a first step would be to use a geostatistical reserve estimation technique such as kriging, however, this is not enough. A frequently neglected fact is that the blocks of ore estimated during the planning stage of the mine are usually considerably larger than those on which the ore-waste selection will be made at the time of mining. Experience in the exploitation of large low-grade deposits has shown that large blocks, estimated to be are, when mined selectively in smaller blocks, often yield significant amounts of waste material. This phenomenon, known as internal waste, is a function of the variability of the grades, the size of mining unit and the amount of sampling information on which ore-waste decisions are made.In this study, it was proposed to consider the effect of internal waste caused by selective mining, on. pit design, using geostatistical methods to predict the tonnage and grade of recoverable reserves within large blocks.Optimum pits obtained using a block valuation formula taking into account the recoverable reserves within large blocks were compared with optimum pits obtained using a conventional block valuation formula. It was found that the optimum pits obtained by the proposed method had the highest total valuations and thus were, in fact, ""more optimum”. These pits were characterized by greater are tonnages at a lower average grade, the additional ore more than compensating for the drop in grade. It was also found that the consideration of internal waste in pit design could considerably alter pit limits in marginal areas of the deposit.It was concluded that selective mining had a significant, potentially critical, impact on the design of optimum pits especially in the case of large low-grade deposits."

Jan 1, 1984

By P. L. Lehoux, R. F. Lopes

"Unanticipated low recovery or extraction of gold from heap leachable are can often be attributed 10 phenomena such as non-uniform percolation (channelling) of solution through heaps, excessively slow percolation rates due to densification of ore during stacking on the pads and parasitic or competing reactions of the cyanide solution with undesirable elements or geochemical ""impurities"" in the ore. The nature and causes of these phenomena are discussed in this paper, and it is suggested that geotechnical and geochemical expertise can contribute significantly to a better understanding of the relationship between laboratory results and actual field performance of the leaching process. Recommendations are made for bench-scale metallurgical testing to be complemented by geochemical and geotechnical laboratory evaluations, to ensure more successful heap leach projects. IntroductionHeap leaching is a simple, low-cost method of recovering metals from low grade ores which has now come into widespread application particularly for gold and silver metals in the United States.The heap leach process involves percolating a lixiviant (leaching agent) solution through broken or crushed ore (Chamberlain and Pojar, 1984). In the case of gold a dilute sodium cyanide solution is used and crushed ore is ""heaped"" on specially prepared impervious pads.The potential for use of heaping leaching methods for northwestern Ontario gold deposits was discussed by Beard (1983), who suggested that the use of this extraction technique in Canada should grow significantly for low grade ores as well as for small high grade deposits which cannot justify the installation of a new mill or the use of remote custom milling facilities. Two other potential situations for lise of a heap leaching extraction method are : as a low capital cost cash generator in the opening phase of a larger new project, and as a low cost output augmenter to complement a milling operation."

Jan 1, 1989

By J. Álvarez, J. Mesías, C. O. Gómez

"Operations routinely run flotation tests in laboratory mechanical cells to determine adjustments to plant operation based on feed flotation response or the effect of new reagents and dosages. The metallurgical results of these tests are certainly affected by changes in bubble size, which simultaneously impact the recoveries of the collection and froth zones. It is known that bubble size depends on the characteristics and operation of the machine in use, particularly on the gas flow rate delivered to the unit and the selected frother type and dosage. Although flotation rate constants have been related to bubble size, bubble surface area flux seems to be a more fitting variable to correlate flotation kinetics and cell performance, as it integrates bubble size and superficial gas velocity effects. However, although some evidence has been provided, a categorical relationship between cell recovery and bubble surface area flux has not been established. Our interest is to demonstrate this relationship to use it as a basis for developing soft sensors to track on-line collection zone recovery in cells. Flotation tests were designed to produce Cu concentrates for a range of bubble surface area flux values, obtained through changes in frother concentration at a constant gas flow rate, and by increasing gas flow rate at the same frother concentration. The tests were run on samples prepared from an ore batch supplied by a local operation, following strict grinding and flotation procedures, with a shallow froth to approximate cell recovery to that in the collection zone. Bubble sizes were determined using the sampling-for-imaging technique developed at McGill. The results unequivocally showed a consistent positive correlation between cell recovery and bubble surface area flux, and significant variations in performance when frother addition and gas flow rate were changed.INTRODUCTIONMineral flotation is a separation process to produce concentrates of valuable minerals by selective attachment of particles to the surface of bubbles. The process is carried out in machines where air is injected through a mineral pulp to form bubbles, and operated to create two zones: a bottom one (collection zone) where bubbles are continuously generated under conditions adequate to form bubble-particle aggregates by collision of the rising bubbles with suspended particles; and a top one (froth zone) where bubbles and bubble-particle aggregates continue to rise while concentrating and forming a froth layer for water and entrained particles to drain back to the collection zone, before overflowing as a concentrate stream. The phenomena occurring in these zones are complex and, in many cases, interactive, as they simultaneously affect stages of the particle separation sequence occurring in both zones. Although there have been significant advances in instrumentation to characterize particle and bubble populations, these have not resulted in knowledge to explain or models to describe phenomena from fundamental principles. Measurements continue to be limited to the development of empirical models for predicting the effect of operating variables on performance."

Jan 1, 2016

By L. A. Melis, A. R. Marchbank, S. A. Webster

"Certain northern Saskatchewan uranium ores have a high content of nickel and cobalt which offer the potential for recovery as a by-product to uranium. A nickel/cobalt recovery process has been developed as a viable method of recovering a marketable concentrate from typical uranium raffinate solution.Impurities are first removed from the raffinate and the pure solution is then treated with sodium carbonate to recover a bulk nickel/cobalt carbonate precipitate for sale to a primary nickel producer. All contaminants of concern are removed to very low levels and the product is free of radioactive contamination with gamma emissions significantly below natural background. Cost estimates have shown that installation of a nickel/cobalt recovery circuit within a uranium process plant is economically feasible.The testwork that led up to the selected process is described along with recommendations for further investigations such as additional testing of hydroxide precipitation as a possible viable alternative to carbonate. The selected process is described and project economics are briefly reviewed.PROCESS TEST PROGRAMBackgroundExtensive metallurgical research has been performed over the years to develop a process for recovering uranium from the Midwest deposit in northern Saskatchewan. During the course of this research, a certain amount of information became available which suggested that recovery of nickel and cobalt from uranium raffinate could be economically feasible. It was decided to undertake a test program which would investigate methods of separating nickel and cobalt from radioactive and other metal contamination to permit production of a saleable product.Available technology suggested that three general approaches could be taken to recover nickel and cobalt. The first and simplest approach would be to selectively precipitate the impurities of concern, primarily arsenic, iron and radium, and then recover a bulk concentrate from the purified raffinate. The second approach would be to purify the raffinate and then remove cobalt from solution by solvent extraction producing pure nickel and cobalt solutions for further treatment. The third approach would be to precipitate all metals from solution and then selectively re-dissolve nickel and cobalt in ammoniac solution which would be further treated by solvent extraction for nickel recovery, leaving cobalt for further treatment."

Jan 1, 1993

By John C. Loretto

"The paper identifies two of the main problems encountered in recent hydrometallurgical plants for the recovery of gold and silver: firstly, the plant recovery is lower than anticipated from the testwork; secondly, the metallurgical accounting figures cannot be reconciled.The principal reasons for the plant recovery being lower than the testwork are discussed, together with solutions that can minimize these problems both during the design stage and during the plant operation after the problems have manifest themselves.The reasons for the difficulties in metallurgical accounting are analyzed by reviewing the various components of the plant figures. Recommended solutions are given for minimizing this problem and the realities of obtaining accurate figures are discussed.IntroductionThe start-up over the last few years of new hydrometallurgical plants for the recovery of gold and silver has brought to the surface again a number of problems. Most of the problems have existed for some time and they manifest themselves mainly in two ways. Firstly, the plant results do not agree with the metallurgical testwork figures; secondly, the metallurgical accounting figures do not balance.Metallurgical TestworkThe plant results not agreeing with testwork figures are mainly due to:a) testwork samples not representative of the eventual plant feed;b) misinterpretation or misunderstanding of testwork ;c) plant losses;d) plant design not allowing testwork results to be achieved;e) operating deficiencies."

Jan 1, 1982

By Q. Li, X. -L. Lei

Accompanying global energy shortage and high energy prices, shale gas has been the focus of exploration and it has attracted great attention from both academia and industry. The combination of horizontal drilling and hydraulic fracturing enables the extraction of huge quantities of shale gas from impermeable shale formations. During the process of hydraulic fracturing, great amounts of water, sand and chemicals must be injected into the shale formation at a high pressure, which may trigger seismicity. Such events could occur due to the presence of faults or the reactivation of these potential faults. Shale is the main component of source rock in the Sichuan Basin, China, and has the greatest contribution to the natural gas of the basin. In order to investigate the fracturing mechanism of shale in the Sichuan Basin, China, a series of rock fracture tests under triaxial compression were carried out in the laboratory in order to investigate the hydraulic fracturing behavior in relation to the seismicity. Based on the high multichannel waveform recording system, the detailed spatio-temporal distribution of acoustic emission due to micro-cracking was used to examine the deformation and fracture behavior of shale. In addition, the effects of confining pressure on the deformation and fracture in shale under triaxial compression by acoustic emission monitoring and X-ray computed tomography were discussed in the paper. The experimental results indicate that the shale samples demonstrate brittle fracture behavior. The confining pressure has a great effect on the complexity of the fracture planes and the spatial distribution of acoustic emissions, but few contributions to the location of the major hydraulic fracturing plane. The foliation of shale plays a dominant role in the rupture process and the geometry of the major hydraulic fracturing plane. The high confining pressure increases the strength and restrains the deformation of shale during compression process. These results shed some light on the understanding of onset of hydraulic fracture initiation not only for shale gas exploration and production, but also for CO2 geological storage and underground energy storage.

Jan 1, 2015

By W. Dziurzynski, St. Wasilewski, T. Palka, A. Krach

"Air parameter monitoring systems, regardless of gasometrical protections, provide a significant number of measurement data. The obtained data broadens the knowledge on processes taking place in underground workings and shows the relationships and influence of machines and technological processes on the variability of ventilation parameters in the areas of longwalls. Nowadays, computer simulation methods are increasingly used to reproduce the flow of air and methane mixture in the area of longwalls equipped with shearers. The paper presents the results of a research experiment covering a long-term observation of a longwall area during mining with a shearer using sensors from the mine's monitoring system. Data from sensors for methane concentration, pressure and velocity were used and additional ventilation measurements were taken to determine the parameters characterising the air flow in the area. The influence of different machine cycles in the longwall on the changes of air parameters in the area of the longwall was shown. A numerical model of the ventilation area was developed and the computer program VentZroby was used for the calculations, which allows for the simulation of the process of ventilating the area of the active longwall during the extraction of coal with the use of a shearer and haulage of the run-of-mine. Computer simulation of the influence of the shearer's operation and the methane inflow associated with the distribution of the mixture of air and methane was carried out. The results of the simulation were compared with the data recorded by the monitoring system’s sensors during the measurement experiment. Comparison of the recorded methane concentration courses with the results of a computer simulation of the air and methane flow conditions in the mining area showed changes in the gassiness. INTRODUCTION Studies carried out in the Polish and global mining industry show that methane is an obvious factor in limiting mining production due to the loss of continuity in the operation of longwall complexes in hard coal mines under methane emission hazard (Schatzel et al., 2008). In addition, methane hazards have a significant impact on the safety of the operators of machinery in the longwall. The requirements of Polish regulations and the practice of safe operation of mining longwalls require correct determination of gas concentration, volume flow, as well as pressure and temperature of the flowing air. As part of the research undertaken in the Budryk (Wasilewski, 2010) and Bielszowice (Dziurzynski et al., 2009) mines to assess the methane hazard in the longwalls and workings in the vicinity of the longwall, research experiments were carried out, during which air parameters were recorded by the mine monitoring system and additional testing equipment in different cycles of shearer operation."

Jan 1, 2019

By Leonard A. Wolff

"The 1980sfor the mining industry can be characterized as the survival of the fittest. High interest rates, low commodity prices, foreign subsidized competition and decreasing ore grades have contributed to a streamlining of the domestic mining industry in the United States, leading to the shutdown of operations or large cutback of work forces. The purpose of this paper is to look at the impact of a layoff on the employees of what was once a major uranium producer in south central Wyoming, twenty months after the final layoff and mine shutdown. INTRODUCTIONDecember 19, 1985, was the date of the final of three successive layoffs over a two-month period, leading to the complete shutdown of Petrotomics Company, a subsidiary of Getty Minerals Company. The final shutdown was due to a combination of depressed U3O8 prices and the takeover of Getty Oil Company by Texaco in January 1984.The layoffs affected 104 employees and included mine personnel, mill personnel and staff. Both hourly and salary workers were involved. The operation was considered non-union, however, a few mill hourly employees were unionized. At the completion of the layoffs. only a handful of employees remained for administrative and miscellaneous functions.For Getty employees, the terms of the merger agreement provided a generous level of separation benefits. The terms that were insisted upon by Mr. Petersen, Chairman of the Board for Getty Oil, stipulated that employees receive one month of severance pay, for each full calendar year of employment up to a maximum of two year's pay. This was the forerunner of what is now commonly known as the ""tin parachute”. All but the union employees of Petrotomics received these separation benefits. Union employees were covered by their separate, less generous, contract.Much of the literature that has been published in recent months has centred around the effects of layoffs on remaining employees, or the psychological effects on the severed employee. This study will emphasize the economic impact and ramifications due to a layoff, using the Petrotomics employees as a case example."

Jan 1, 1989

By B. E. Jones

"The area of uranium deposition is situated within the Churchill Province on the western edge of the Wollaston Iithostructural domain where it underlies the eastern edge of the Helikian Athabasca Formation. The Collins Bay deposit is 6 miles north-northeast of the Rabbit Lake mine. Two principal zones of uranium mineralization are described.The ""A"" zone is a partly eroded, high-grade pod of metal oxide and arsenides sheathed by clay-like minerals. It trends north-northeast and lies under 25 to 40feet of water. Uranium mineralization is localized at or adjacent to the unconformity between the Athabasca Formation and the basement rocks. The basement comprises a granitoid Archean terrain overlain by paragneisses of the Aphebian Wollaston Group. ""A "" zone ore contains phyllosilicates, quartz, pitchblende, rammelsbergite, pararammelsbergite, carbonaceous material, galena, gersdorffite, niccolite, carbonate and a trace of sphalerite.The ""B "" zone lies 6,000 ft south of the ""A "", and subcrops under till cover. It is a partly eroded zone composed of metal oxide and arsenides which occur within variably altered Athabasca Formation. Minerals recognized are phyllosilicates, pitchblende, niccotite, gersdorffite, millerite, carbonaceous material, pyrrhotite, skutterudite and a trace of galena. The Athabasca Formation varies from 90 to 160ft thick. Granitoid gneisses of probable Archean age and paragneisses of the Wollaston Group underlie the deposit. An easterly dipping thrust fault transects its length.The deposit is typical of the ""unconformity-type"" uraniumnickel deposits of the Athabasca Basin. Observed features fit well with the ""diagenetic-hydrothermal"" model for such deposits, as envisioned by Hoeve and Sibbald (/978)."

Jan 1, 1980

By Scott K. Palm, Neil D. Pearson, Jr. Read

"Uncertainty is an important feature of many investments, but it is especially important for mineral properties. Mine properties often entail large investments and fixed commitments. Managers in the mining industry often view price uncertainty as undesirable, due to the possibility that the price of the mined commodity will fall to a level that prevents the firm from recovering its investment and fixed costs. This paper identifies pitfalls in conventional valuation methods and outlines a new approach to valuation based on option pricing theory and dynamic programming. In the process, it identifies generic strategies for organizing mine production in ways that allow the owner to benefit from the uncertainty in mineral prices. IntroductionRisk is pervasive in the mining industry. The operation and maintenance of a mine may involve high, and unavoidable, fixed costs. A mine owner can only begin to recover these fixed costs if the price of the mined commodity is greater than the incremental cost of production. But the prices of many minerals are extremely volatile. The price volatility of copper has been significantly higher than the price volatility of a typical stock, for example. A mine owner cannot be sure that the price of the mineral product will remain high long enough for the firm to recover its capital and fixed costs.Mine owners are able to minimize their losses during periods when the output price is below the incremental cost of production by temporarily closing operations. During these periods they incur only fixed costs. While shut-downs help minimize losses, the y do not help the firm recover its initial investment. If output prices remain low long enough, the fixed costs and original investment may never be recovered. High fixed costs, therefore, lead to substantial downside risk."

Jan 1, 1986

By D. Bouchard, J. Langlais, A. Lemieux, N. Andrade

A concerted effort between Akan International Limited and the National Research Council of Canada (NRC) has been initiated to develop a liquid-based slurrymaking process, dubbed SEED (Swirled Enthalpy Equilibration Device) for semi-solid forming. The technology is presently entering the industrial and commercial stages, and will be used by the first customers at the end of 2006. Semi-solid processing of aluminium alloys offers many advantages in fabricating economically near-net-shape parts of superior quality. The SEED process helps to overcome problems experienced with thixocasting and especially the high cost of feedstock. The SEED process involves two main steps: 1) heat extraction to achieve a desired liquid/solid mixture, and 2) drainage of an excess liquid to produce a self-supporting semi-solid slug that is formed under pressure. The heat transfer plays an important role (enthalpy equilibrium) during the manufacture of the semi-solid slurry and its analysis is briefly described. The semisolid material is obtained using different processing times and initial conditions. The impact on the solid fraction distribution and the morphological evolution of the microstructure is presented. The influence of the SEED processing parameters (slurry preparation) and the resulting mechanical properties for the alloy A356 are also reported.

Jan 1, 2006

By Graham Popplewell

"Modular, predesigned diamond recovery plants have been a feature of the diamond mining industry for more than 20 years. The reasons for the selection of such a design route are contrasted with the alternative option of custom-designed route and the relative merits of the two approaches are discussed. The predesigned, modular plant is shown to be particularly applicable for the smaller operation, whether as part of a diverse alluvial mine, an auditing facility for an adjacent large plant, bulk sampling or a remote installation such as is envisaged in the Canadian diamond industry. The characteristics of the predesigned modular plant are described, as well as the inevitable compromises resulting from the concept. IntroductionThis paper explores the application of predesigned modular plants to the diamond mining industry and contrasts their features with the custom-designed installation .A predesigned modular plant is a self-contained unit, or a number of self-contained units, which, when assembled , make up a treatment facility. This is usually small scale in treatment capacity, although multiple modules may be used to increase over-all throughput.A move toward the use of such plants in the diamond mining industry resulted from the relatively unsophisticated nature of the design , the proven nature of pretested , standard plants and the low cost per tonne of capacity and their specific application in remote locations.The recovery of heavy minerals by dense medium separation (DMS) is intrinsically safe and more efficient than the older methods, such as jigs and rotary pans.All diamond recovery plants feature three distinct sections:• feed preparation• gravity separation, and• final recovery."

Jan 1, 1992

By K. Musgrave, E. Solis

"This paper tells the story of how the Dome Mine in South Porcupine increased its maintenance effectiveness and reduced its maintenance costs in two phases. In the first phase, a maintenance audit was conducted, and the results led to some changes that improved maintenance, especially in the underground equipment area. The audit methods, and the changes made will be reviewed. In the second phase, management made changes in the maintenance organization and methods, following a prolonged strike during which management operated the mine. These changes were in part the result of insights learned from their hands-on operating experience. IntroductionEarly in 1989 the Dome Mine of Placer Dome Inc. in South Porcupine, Ontario, decided to improve the effectiveness of the Plant Department. The Plant Department was centralized, except for a mill mechanical crew, and serviced all operations, a townsite of 120 houses, a curling rink, and an arena. The department also operated the powerhouse, the hoists, the mine dry and provided mechanical/ electrical engineer services.At that time the Dome Mine, located in the east end of the city of Timmins and Canada's first large gold mine originally discovered in 1909, was producing about 3500 tons of ore per day with about 742 employees. Over the 83 years of continuous operation of Dome over 50 million short tons of gold ore have been processed. The Plant Department consisted of 156 hourly and 24 staff employees. At present, the mine is producing 4000 tons of ore per day with a total of 341 employees on the payroll. The Plant Department consists of 80 hourly-rated and 18 staff employees."

Jan 1, 1993