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By Gary P. Thomason

We have all heard a great deal about how various projects were financed or certain companies were successful in obtaining a bank loan. There are many more projects and companies who fail to get the money they need. At least a portion of these failures, and a large percentage of the frustrations connected with even the successful financings, are a result of not understanding the process of obtaining money. Recent years have seen a proliferation of sources available to finance minerals operations, but let me assure you that these represent only a minor portion of the minerals financing market. The fundamental source of borrowed money to almost all minerals related companies remains the banks. Therefore, understanding the "Loan Approval Process" can easily mean the difference between getting the money or not. In the following pages I hope to provide some insight into what I define as the loan approval process. Having pre-offered my definition, I intend to delineate the various stages of the process and the planning and information I believe should be contained in each. My ultimate goal is to help you think like a banker and, in so doing, stay on top of the process so that you can successfully obtain the funding necessary for your projects.

Jan 1, 1983

By K. H. Singh

The addition of new data and corrections can be made under the control of a simple editing session. All programs for this system are written in FORTRAN and executabe "MACROS".. After the addition of new data, the whole file Is reinitialized to update the binary file and cross-reference tables. Updating the binary file involves rerunning the initializing program. The creation of graphic plots like cross sections and plan views is menu-driven from a terminal and very user-friendly. Small files containing not more than 10,000 entries (survey and assay points) are suitable for this setup, particularly for computers with less than 2 Megabytes of real and virtual memory. The largest file processed contained 35,000 lines of survey and assay information and required 4 megabytes of virtual memory. Working with this size file slows down the time for the creation of plots and cross sections. Another independent system is more akin to a financial type of data base. It was installed in one Anaconda mine as part of the operation's inventory, warehouse, day-pay payroll, and purchasing data bases. It is a highly hardware-dependent system, in particular, IBM's CICS/VS (Customer Information Control System/Virtual Storage). This is a true relational data base that optimizes storage requirements, supports online inquiry, update, data entry, and data security. While this system has been tested and proven in accounting applications, it requires programming expertice in PL/I and other CICS utility programs. It is well suited for huge data bases (like the 35,000 lines of data), but cumbersome for small engineering files.

Jan 1, 1985

By W. N. McAnulty

Because so many interrelated technical, economic, legal and political factors are involved in evaluation of commercial mineral deposits, it is common practice today to assign such work to a team of specialists including geologists, mining engineers, metallurgists, lawyers, and economic evaluation experts. Each member of the team plays an important role; the role of the geologist is particularly important. The geologist involved with evaluation of fluorspar deposits needs all the geologic and economic training and experience required for evaluation of metallic mineral deposits. Few, if any, industrial or metallic minerals occur in so many geologic environments as fluorite. Fluorspar, and aggregate of rock and mineral matter containing enough fluorite to make a commercial deposit (ore), is somewhat more limited in its modes of occurrence than fluorite, but it too is found in a variety of environments.

Jan 1, 1970

By Daniel E. Collins

Massive banded Fe-Zn-Cu-Pb sulfide deposits in the Bagdad are associated with metamorphosed eugeosynclinal mafic volcanic and intrusives rocks Precambrian age. The geologic environment is very similar to that of the Jerome-Prescott area which lies 70 km. east of Bagdad. Mining of massive sulfides deposits began in 1917 on the Copper King mine in spite of its early discovery and the discovery of the Old Dick mine in 1882. The first shipments of zinc ore from the Copper King were hand sorted and averaged 46.89% Zn, 5.7 oz. Ag, 3.58% Pb and 1.68% Cu. Oxidized copper was first produced from the Old Dick mine in 1943~ In all, five deposits of massive sulfide ores have been mined in the Bagdad for a total production of nearly 2 million tons with an average grade of 12.0% Zn and 3.6% Cu. The largest deposit, the Bruce mine is currently closed because reduced metal prices and has produced a total of 823,000 tons of Zn-Cu ore to date. Mining of massive sulfide ore in the Bagdad area is presently idle. However, the potential for locating yet undiscovered ore bodies is good. Exploration for new ore bodies is difficult at best due to the complex geologic history of the area, the small size of individual ore bodies and lack of understanding as to the formation of massive sulfide deposits. The purpose of this investigation was to obtain a better understanding of the host rock formations through detailed geologic mapping, petrography and chemical analysis.

Jan 1, 1977

By D. C. Ridenour

The pressure system of ventilation with large diameter bore holes has been very effective in the ventilation of two gaseous mines, the Olga No. 1 and No. 2 Mines in McDowell County, West Virginia. The No. 4 Pocahontas Coal Seam on the Olga property lies 580 feet below the valleys. The seam is very gaseous as well as dry and dusty, which makes good ventilation all the more essential. Irregular and often extensive areas of the coal seam have been replaced with impervious shales and sandstones in "Fault" or "Want" areas. The replacement materials have sealed the methane in the coal seam and thus increased the quantity of gas that must be handled as mining is done. Often the No. 5 Pocahontas Seam comes down to meet the No. 4 Seam at the Faults and considerable methane is sometimes released from the upper seam. The factors mentioned, together with the irregular and unpredictable lateral shape' of the faults, result in long narrow stringers of coal that are very gaseous and difficult to mine. So far as the Olga Coal Company is concerned, the most effective ventilation under the conditions outlined has been the use of large diameter bore holes with a pressure ventilation system. The ventilation of a mine can be accomplished in two fundamental ways. The mine atmosphere maybe reduced below atmospheric pressure by an exhaust fan; or it may be raised above atmospheric pressure by a pressure fan. In either case, the coursing of the air is so planned as to have the haulage and traveling ways on intake air. While the majority of the coal mines in the United States, no doubt, use the exhaust system of ventilation, there are several advantages of the pressure system which are extremely beneficial.

Jan 1, 1960

By Bruce D. Hebb, Shahin Shadlou

Fiber Reinforced Polymer (FRP) is an excellent material choice for a broad spectrum of corrosive fluids and, in many cases, offers the best value per dollar. FRP Flanges present the greatest design challenge of all standard piping components. The theory underlying the design of flanges is very complex. In addition, due to the nature of FRP material, proper fabrication of the flanges is as critical as the design. In this review, the challenges of making FRP flanges along with the design techniques and best practices of fabrication that will lead to a high-quality flange will be discussed.

Feb 1, 2024

By J. Drelich

The adsorption of oleate at the surface of titanium dioxide from aqueous solutions was examined by Fourier transform infrared (FT -IR.) spectroscopy using a germanium internal reflection element coated with a thin film of TiO2. This thin film, with a thickness of 100-200 A, was deposited on the surface of a germanium single crystal by RFIDC magnetron reactive sputtering. It was found that significant adsorption of oleate from a 0.02-0.03 mM aqueous solution on the surface of TiO2 thin film occurs at neutral pH, from about pH=5.5 to pH=7.7. Adsorption of oleate at the surface of the amorphous TiO2 thin film appeared to be reversible, involving soap-acid dimers.

Jan 1, 1997

By Brenda J. Wolfe

Following successful laboratory and pilot plant investigation of dewatering characteristics of molybdenum concentrate produced by a Chilean copper/moly producer, two (2) DENVER SALA 500 Series Tube Press Filters were installed in 1994 to handle the total production volume. Moisture requirements in the filter cake have been consistently met, eliminating the need for thermal drying after filtration. Operating data and Tube Press Filter are described herein.

Jan 1, 1995

By K. V. Raj, R. Jacksha

Conveyor systems persist in being a source of injuries and fatalities in the mining industry. To reduce these incidents, better methods are needed to enhance the monitoring of probable hazards and improve situational awareness during the normal operation and maintenance of conveyor systems. To address these issues, researchers from the U.S. National Institute for Occupational Safety and Health (NIOSH) continue to investigate emerging technologies that show the potential to improve miner safety around conveyors. This paper presents a feasibility assessment by NIOSH researchers of a fully integrated, commercially available wireless Internet of Things (IoT) system to improve situational awareness around conveyor systems.

By C. R. McClung

"Molybdenum, in the form of molybdenite, is a common byproduct of many copper mining and concentrating operations. Contrary to most copper sulfide minerals where recovery is principally liberation controlled, the recovery of molybdenite is much more complex with fully liberated particles commonly lost to tailings. It is this complexity that facilitated the necessity for a geometallurgical investigation of molybdenite from the Bingham Canyon deposit. The aim of this investigation was to determine the effect mineralogy and/or mineralogical attributes (i.e. morphology, angularity, liberation, size) have on the recovery of molybdenite in the processing circuit. A set of samples was collected from the ores and products produced by Rio Tinto Kennecott’s Copperton Concentrator. All samples were analyzed using normal polarized reflective light, Mineral Liberation Analyzer (MLA) and X-ray diffractometery (XRD) techniques. The results of this investigation revealed the presence of two distinctly different types of molybdenite, which have been identified as the two polytypes of molybdenite, i.e. hexagonal (2H) and rhombohedral (3R). The 2H polytype occurs as textbook-shaped particles in quartz-molybdenite veins that are located in the core of the Bingham Canyon deposit. The 3R polytype occurs as disseminated, “ball”-shaped particles with a dull or frosted appearance along the margins of the mineralized intrusive body or central core. Concerning their metallurgical behavior each type exhibits unique metallurgical properties that are consistent with those reported in the published literature. For instance, the 2H polytype is easily ground and kinetically “faster” floating with surface attributes that are amenable to higher rates of recovery. This commonly results in the production of a high quality molybdenum concentrate under normal operating conditions common to most copper concentration operations. In contrast, the 3R polytype is difficult to grind and kinetically “slower” floating with surface attributes that less amenable to recovery under normal operating conditions. Therefore, in deposits with higher concentrations of the 3R polytype, modifications to the normal operating parameters may be necessary to improve the recovery of molybdenum. Finally, a preliminary investigation into the metal budget of porphyry Cu and Mo deposits indicates that a positive correlation may exist between the total economic metal budget and the polytype content. For example, higher concentrations of the 3R polytype appear to be more prevalent in Au-enriched porphyries versus Mo-enriched porphyries. This observation may also serve to help explain why it is easier to obtain high rates of recovery in Mo ± W-rich deposits, which contain little to none of the 3R-polytype. Consequently, the potential for the metal budget of a porphyry deposit to be used as an indication of the molybdenite polytype present, as well as its impact on the economics (exploration) and/or on the processing circuit (plant design) could exist. In conclusion, this investigation highlights the necessity of understanding the mineralogical properties or characteristics of molybdenite and/or other economic mineral(s), as these can and will have a direct impact upon the performance and plant optimization."

Jan 1, 2016

By Jan M. Mutmansky

30.1-THE SCOPE OF SYSTEMS ENGINEERING JAN M. MUTMANSKY JAN M. MUTMANSKY 30.1.1-DEFINITIONS The terms "systems engineering," "systems analysis," and "operations research," common in today's technical literature, often are interchanged because of their similar meanings. However, some differences exist which need explanation. The most convenient way to achieve an understanding of the differences is to start with the definition of a system, namely, a collection of components which interact in a specific manner to accomplish a common objective. Accordingly, a haulage truck, a computer, a missile, a mining company or a nation each may be considered a system. Systems engineering generally can be defined as the conception, planning, design and engineering of any system of interacting elements so that the objective of the system is automatically optimized. Thus, systems engineering normally is con¬cerned with systems not yet activated.',' Systems analysis may be described as a scientific method of making decisions based on a quantitative or other objective evaluation of all action alternatives. It is very similar to systems engineering but usually is not considered to be restricted to problems of design prior to use. While the previous two disciplines are somewhat vague and can encompass a great variety of engineering functions, operations research can be more specifically defined as the application of mathematical models to the problem of optimizing the objective of any predefined system. Systems analysis and systems engineering are closely aligned sciences but opera¬tions research differs in the following ways. First, it generally is associated specifically¬with optimization and mathematical models while the other two often are not. In addition, it, is used predominantly on well-defined problems which can be ex¬pressed in mathematical terms. However, systems engineering or systems analysis may deal with highly complex social or governmental systems which may be ill¬defined and unsolvable by the classical methods of operations research. Finally, systems analysis and engineering always strive to look at the entire system to avoid the problem of suboptimization often necessary in operations research because of the necessity for a mathematical model. Because of his more extensive system, however, the systems engineer often is less able to find the optimal system. In summary, operations research, systems analysis and systems engineering are very similar in purpose but one, operations research, is more mathematical in nature and forms an important part of the other two activities. Other definitions which may be helpful are provided by Griffiths 3 Wilson,4 Falkic 5 Hall,2 Quade and Boucher, 6 and Flagle et al. 1 30.1.2-METHOD AND TECHNIQUES The systems or operations research approach makes use of scientific problem solving. The basic procedure comprises the following general steps: 1. Definition of the problem. 2. Construction of a model of the system. 3. Testing of the model under known conditions.

Jan 1, 1973

By J. Starwood

Post-super-cycle mining executives must exploit every aspect of the value chain to deliver continued value to stakeholders. Integrating enterprise-wide information technology with value-chain-wide operational technology, known as IT-OT integration, is essential to extracting optimal results from the value chain. Mining companies trail other industries with respect to IT-OT integration across the value chain. Manual data consolidation and value chain optimization using spreadsheets and human intelligence are widespread practices within the industry. Increasing automation with smart devices and controllers means the volume and velocity of data will soon increase beyond human abilities. Enterprise Architecture provides a method for aligning information technology with the business operating model to successfully implement IT-OT integration. A Value Realization Framework (VRF) provides a means for predictable traceable value realization from IT investments and assets. With these principles, frameworks, models, methods, and techniques, mining organizations can accomplish IT-OT integration that provides their executives with a strategic value-chain-aligned platform for sustained value realization over the long term.

Feb 23, 2014

By Ben E. Lusk

First of all let me say what a genuine pleasure it is to be here. Acapulco certainly is a beautiful change. I'm going to spend sometime talking about change, because frankly I'm astounded at the rate of change in our world today. One good example of this, reminds me that the first time I spoke before the AIME two years ago, we were at the Ramada Inn in Beckley, West Virginia. Today we're at the Princess Hotel in Acapulco, Mexico. Now that's what I call a change. Seriously though, I'm sure you've all heard it said that the most consistent thing about our society is its constant change. Five years ago, no one could have predicted the changes we experienced in the United States during the first half of the 1970's. In the past twenty-four months alone, we have seen two presidents, three vice-presidents and hundreds of administration and government personnel changes. We have stumbled from one social crisis to another, while suffering through rising inflation, major energy shortages and labor unrest that could plunge us into a full scale economic depression. In view of these constant and unpredictable changes around us, it's obvious that we must learn to deal with change and "roll with the punches" if we are to survive. A controversial book published recently, explores in detail the various aspects of change and its impact on man.

Jan 1, 1974

By W. G. Pariseau

This paper is concerned with the problem of calculating ground movement that occurs as a consequence of mining. Solution to this problem is straight forward in principle but rather complex in practice. The complexities of the problem arise from the ever present constraints of technology and economics. However, the identity of these constraints is often obscured by a faulty understanding of the fundamentals of the problem and a lack of appreciation of current computational capabilities and costs. As a consequence much time and effort are sometimes wasted on gathering information that is of little direct value to ground control programs while important input data are neglected. This paper therefore reviews the essentials of the process of formulating the ground movement problem. Emphasis is upon application to longwall mining, although much of the discussion applies to other mining methods as well. In many instances, the hardrock term stope could be substituted for longwall panel because the fundamentals of the problem are independent of the excavation dimensions and numerical values of rock properties. The latter affect the outcome of a calculation, of course, but not the underlying formulation. Only the major features of the problem are discussed in this brief review. The objective of the discussion is the generation of a reliable basis for developing a technically sound ground control strategy. Any rational ground control strategy must be consistent with basic physical laws. For example, under static conditions, equations of equilibrium must be satisfied. Operational, that is, tactical, details may vary widely with local conditions, but the basic approach must be based on physical laws. The alternative empirical route is intrinsically unreliable and unnecessary as well. Empirical descriptions of ground motion caused by mining including recent statistical curve fits to specialized data sets (for example, surface subsidence data) as well as antiquated "theories" of ground pressure and so forth, however dignified with mathematical formulas, are hardly worthy of the label "theory". Extrapolation of statistical data is always accompanied by rapidly diverging confidence limits, while empirical equations simply lack predictive capability under circumstances even slightly different from those of the original development. For example, applications of surface subsidence curves generated empirically in the United Kingdom to coal mines in the United States generally result in considerably greater subsidence and wider subsidence troughs than actually observed. Locally, empirical criteria for specific ground control actions may be made practical through trial and error, but such tactics are no basis for the development of a general ground control strategy. In this regard, it is worthwhile to recall the traditional scientific distinctions between speculation, hypothesis and law, between the empirical and the proven.

Jan 1, 1982

By CHENGLONG XU, HAORAN LI, YALI FENG, JINRONG JU, Shunliang Liu

With the depletion of mineral resources and the growing demand for metal resources from industrial development, the recovery of metal resources from secondary resources has attracted increased attention. Among all secondary resources, spent catalyst is one of the most important as it contains valuable metals such as vanadium, nickel, molybdenum, cobalt, and aluminum. Compared with the extraction of metals from minerals, the recovery of valuable metals from spent catalysts has the advantages of a simple process, a short production cycle, lower investment cost, and less environmental impact.

Apr 1, 2023

By T. M. Barton, M. Gauna, A. A. Campoli

Coal mine bumps, the violent failures of overstressed coal, present a safety hazard to miners when longwall mining is conducted in deep, bump-prone coal mines. Two different longwall gate entry systems were evaluated in a southern Appalachian coal mine located in the Pocahontas No. 3 coalbed under approximately 610 m (2000 ft) of overburden that included a massive sandstone member. Both gate entry systems employed a center abutment pillar flanked by yield pillars. The original design used a 24.4-m (80 ft) square abutment pillar, while the new design employed a 36.6-m x 54.9-m (120 ft x 180 ft) abutment pillar. Rock mechanics instrumentation data analysis and in-mine observations indicated that this increase in abutment pillar size significantly decreased bump potential. The new design in worst-case conditions increased effective bearing area 62%, with only a 9% increase in gate entry system width, and eliminated face bumps that were experienced with the original gate entry design.

Jan 1, 1993

By Y. S. Roditis

Traditionally, open pit optimization has been used to produce a single outline which can guide the pit design. This paper describes how a series of optimum nested pits are utilized to: a. produce different mining sequences and to help in mine planning and phase design; b. evaluate different metallurgical processes, production scenarios and equipment size; c. investigate the sensitivity of a project to prices, recoveries, production rates, costs, ultimate pit slopes etc.

Jan 1, 1993

By W. Robert Rose, Randall Pyper, Carlos Mirabal, Jaime Eguivar

In 1984, work was started to determine the viability of heap leaching silver-containing waste dumps from Cerro Rico near Potosi - Bolivia, at an elevation of 4300 meters (14 100 it.). The result today is an unusual heap leach utilizing fine crushing, grinding, and agglomeration to process 1000 tonnes per day of ore containing 200 g/tonne silver. The unique metallurgical, economic, and political factors will be discussed which led to the decision to build a heap leach rather than a conventional agitation leach plant. Capital and operating costs will be given along with some of the uncommon process design and equipment problems encountered while developing the operation.

Jan 1, 1990

This paper reports on the behavior of mercury and its compounds during the thiosulfate leaching and recovery of gold. Thiosulfate solutions are shown to dissolve Hg0 and Hg2Cl2 to a similar extent as cyanide, but the leaching of HgS is significantly slower in thiosulfate solutions compared to cyanide. Hence, the use of thiosulfate may be an option for treating ores containing high levels of cinnabar, especially since the legislation concerning the discharge or sale of mercury is becoming more restrictive. The deportment of mercury during gold thiosulfate loading and recovery using a strongly basic anion-exchange resin was also studied. Although the mercury thiosulfate complex loads on the resin, the adsorption is weaker than for gold, with an equilibrium constant between gold and mercury of 51. Resin loaded with gold, mercury and copper was pre-eluted with thiosulfate (to remove copper) and eluted with a chloride and sulfite eluant. The majority of the mercury is eluted by the eluant and, hence, its deportment closely follows gold and the eluate would need to be treated to remove either mercury dur-ing or prior to gold electrowinning.

Jan 1, 2010

By Arif Emre Dursun

The aim of this study is to present hazard classifications of location, type, and causes of accidents in Turkish coal-extracting industries using Analytic Hierarchy Process (AHP). In this study, fatal mine accidents were analyzed by pairwise comparison and weighting, and the most important hazards were identified by determining the effective main and sub-criteria among location, type, and causes of accidents. For this purpose, 1st, 2nd, and 3rd level hazards consisting of location, type, and causes of accident were determined by using the data of fatal mine accidents in underground and open-pit coal mining in Turkey between the years of 2010 and 2020. And then the data were categorized, and each category was prioritized using the AHP technique. According to the weights calculated by AHP, the most dangerous main criteria at 1st level hazards in underground coal mining is ventilation operations (0.363), while the most dangerous sub-criterion at 2nd level hazards is firedamp explosions and other gas accidents (0.409). On the other hand, in open-pit coal mining, the most dangerous main criteria at 1st level hazards are slopes and benches (0.575), while the most dangerous sub-criterion at 2nd level hazards are landslides (0.429).

Dec 30, 2023