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By Ö. Erdem

The investment decision making process in the insurance and finance industries is affected by new advances such as simulation techniques. These advances have improved the discounted cash flow method (DCF). In DCF, a dynamic and flexible model construction is not possible because it does not consider uncertain conditions. Each project should be evaluated taking into account the related uncertainties because the related uncertainties determine the characterization of the project. Related uncertainties can be processed in dynamic DCF, which is applicable to both financial and non-financial industries with different kind of uncertainties, such as power generation and petroleum projects. The dynamic DCF method can estimate net present value (NPV) while managing related project uncertainties with a simulation method like Monte Carlo Simulation. The simulation method is preferred because its output is unbiased. Therefore, a more realistic financial evaluation of the project can be concluded. In spite of the improvement of dynamic DCF, this project evaluation method is not used frequently in mining industry. However, the mining industry is ideally suited to this concept because it is highly dependent on estimations such as orebody size and ore grade. During the project evaluation stage, these uncertainties can be included with the dynamic DCF method. This study aims to contribute to increasing the usage of this method in mining projects. A copper reserve in Turkey is selected as a case study to apply uncertainty assessment for the evaluation of NPV.

Jan 1, 2012

By R. A. Wood, R. I. Jaffee, H. R. Ogden, D. N. Williams

Strain-induced porosity has been found to occur in titanium and other materials at tensile strains greater than the uniform elongation of the material. Porosity in titanium increases with increasing strain and temperature, being most severe at 300° to 800°F. Strain-induced porosity is believed to be a normal part of the mechanism of deformation in ductile materials. DURING the past few years there have been numerous references to the occurrence of voids in laboratory test specimens of metals subjected to strain.l-7 These voids have been referred to as intercrystalline cracking, strain-induced porosity, intergranular cav-itation, voids, and porosity. They appear to occur at grain boundaries or interfaces, and are generally associated with large amounts of strain and have been found mostly in creep specimens and to a lesser extent in tensile specimens. Because the phenomenon does not occur unless the material has been strained,

Jan 1, 1960

By M. Lahtinen

Traditionally, there have been three main methods for iron removal in the hydrometallurgical production of zinc. These methods are atmospheric precipitation of jarosite or goethite and pressurised precipitation of hematite. Jarosite precipitation is without doubt the leading and the most commonly used technology for iron removal. However, jarosite precipitation has some drawbacks, such as a low iron content (and, thus, high residue volume), high moisture content after filtration and often a high zinc content. These features make any environmentally acceptable way of using or disposing of jarosite more expensive, as compared to hematite and goethite. The importance of environmental regulations has grown in the zinc industry during the last decade, which will have an increasing effect on new investments. Hematite has several advantages over jarosite, such as a high iron content, low moisture and low zinc content. An important advantage of hematite is that it is suited for further use in the cement industry. However, until now the need for autoclave equipment has limited the spread and implementation of hematite precipitation in the zinc industry. Outokumpu Technology Oy has recently developed an alternative method for iron removal, which is the atmospheric precipitation of hematite. A patented method for precipitating hematite at atmospheric pressure is presented and compared with conventional methods for iron removal. The process conditions, the quality of the hematite precipitate and the environmental aspects are also discussed.

Jan 1, 2006

By Malcolm D. Flavel

Much has been said and written about the world's, and particularly the united states of America's, energy crisis. The relative changes between cost components of production have altered because the days of cheap energy have now gone. Decisions that made capital investment reduction attractive to treat large tonnage lower grade ore bodies appear to be no longer valid because average energy costs for comminution that were less than 1 cent per kilowatt hour in 1972, are now more than 3 cents and will shortly become 6 cents according to some projections. Increased capital investment to improve processing energy efficiencies are certainly going to be pursued. Energy today is the largest cost component in the average mineral production facility. It takes more than 12000 kilowatt hours to produce one ton of finished steel and more than 60000 kilowatt hours for each ton of copper and aluminum.

Jan 1, 1980

By Casey Erickson

Goldstrike Property ??Located in Elko, NV USA?Carlin Trend ??Mining Since 1985 ??27 Million Ounces of Gold Mined ??Production of 400,000 tons/day ??1,600 Employees

May 1, 2011

By Pat McCarran

WHEN this Government was founded, the framers of the Constitution wrote into that instrument a provision that Congress should "coin money and fix the value thereof;" and the Constitution prohibits making anything but "gold and silver" lawful money. So silver is written into our basic law. Shortly after President Washington took office in 1789 the Congress passed the first Mint Act, setting up the U. S. Mint. In that Act, signed by President Washington on April 2, 1792, the weight of the American dollar was fixed, and it was provided how much silver should be contained in a silver dollar and how much gold should be contained in a gold dollar. It was decided that 371 1/4 grains of pure silver was to be the standard dollar of America. That standard with respect to the pure silver content of the dollar has never changed.

Jan 1, 1947

By T. A. Gray

The environmental liabilities of coal waste disposal sites can have a major impact on a mining project's economic viability. Developing a waste disposal site is no longer simply an exercise in completing paperwork to obtain a permit, with the proliferation of environmental regulations in recent years, managing disposal sites now requires design creativity, short term and long term planning and detailed monitoring to maximize the benefits to the mining company. Operating costs and future capital costs for expansion of existing sites, new site development and regulatory compliance should be reviewed periodically and considered in the overall management plan. This paper discusses various management methods that are being employed in the industry to improve waste disposal operations both environmentally and profitably.

Jan 1, 1994

By C. M. Díaz, P. J. Mackey, P. Coursol

In a recent paper [1], the present authors discussed calculated energy consumption numbers in copper sulphide concentrate smelting for four different smelting technologies. For the present study, from among these technologies, they selected the Noranda/Teniente continuous bath smelting followed by Peirce Smith (PS) converting route to investigate the impact on total energy requirement of some key process variations, such as tuyere injection of dry concentrate vs. slingering of wet concentrate over the molten bath, continuous converting vs. conventional batch PS converting and commercially proven slag cleaning alternatives. In their calculations, the authors used the same thermochemical model and methodology used in their earlier paper. This approach to explore plant design options provides an interesting basis for evaluating flowsheet modifications that could lead to significant copper smelting energy savings. The METSIM software was used in the present paper to carry out heat and mass balance computations for 8 different flowsheet configurations. The results are presented and discussed in the paper with respect to copper recoveries, energy requirements and CO2 emissions.

Jan 1, 2011

6784. Barnes, V. L., and Romberg, Frederick. Gravity and Magnetic Observations on Iron Mountain Magnetite Deposit, Llano County, Tex. Geophysics, Menasha, Wis., vol. 8, No. 1, 1943, pp. 32-45. An outcrop of magnetite in the Central Mineral region of Texas is explored experimentally with a dip needle and a gravity meter. Two anomalies are observed, one due to the outcropping body and one probably due to a previously unknown body close to the outcrop. The possible attitudes of the bodies are discussed, and their masses and probable dimensions are computed from the gravitational observations. - Author's abstract.

Jan 1, 1943

By J. B. Morrow

Methods of Coal Preparation Fundamentally, the object of coal preparation is to increase, economically, the value of a fuel by making it more suitable to the uses of the consumer. This can be accomplished in three major ways: 1.Screening or sizing 2.-Mixrng or blending 3.-Cleaning By combinations of any or all of these methods we can prepare coal to meet standard specifications-a process of standardization which is the more desirable the more nearly it approaches the unvarying quality of packaged goods, where the package you buy today and tomorrow is the same as that you bought yesterday. It should be noted that it is readily possible to get good cleaning and still have poor preparation because of faulty screening and mixing, and, on the other hand, it is possible to get a passable grade of cleaning, combined with good screening and mixing facilities.

Jan 1, 1931

George IV. Goetz, Milwaukee, Wis.: Mr. Campbell deserves much credit for his interesting paper. The literature of the development of the open-hearth process is distributed in many technical journals, and is difficult of access to many engineers. Since the development of the basic process, the open-hearth furnace has been raised from a subsidiary to an independent position. Certain high grades of soft steel can be produced in the basic open-hearth furnace, which cannot be produced by any other known process. In the United States the charges for the acid process generally consist of either scrap and pig-iron or so-called wash-metal and scrap : the pig-and-ore process, as carried out in England, is practiced but very little. The introduction of the basic process has made it possible to use about four times as much pig-iron with scrap as can be used in the acid mixtures. The availability of a cheap pig-iron, very low in silicon and sulphur, and carrying several per cent. of manganese, is one of the reasons why the basic open-hearth process has developed so rapidly in Germany, as regards the output per furnace and the excellent quality of the material produced. The acid Bessemer steel has an inherent stiffness, which is plainly shown when spring steel is made by the Bessemer and by the openhearth processes. In order to get them of about equal stiffness, the open-hearth steel must have about 0.60 per cent. carbon ; whereas, the Bessemer steel must then have ahout 0.45 carbon, the remaining constituents being apparently about the same in each product. It has proved impracticable, with American coke-pig-iron, to interrupt blowing at a certain point in order to make hard steel; and experience has therefore shown that it is best to eliminate nearly all the carbon, and then to recarburize to the desired point. This practice

Jan 1, 1894

By Christopher Mark

Severe dynamic multiple seam interactions can occur when active mine workings are subsided by underlying mining activity. The most dramatic events are usually caused by longwall mining or pillar recovery beneath open, overlying entries. But pillars in abandoned workings can also fail and cause subsidence and damage an overlying mine. This paper describes a case history in which an apparent ?pillar squeeze? in the abandoned workings of a lower seam was initiated during retreat mining in an upper seam. The event subsequently extended more than 1,500 ft and ultimately closed the upper seam mine. Analysis indicated that the pillars in the lower mine were adequately sized for the lower seam mining and were not affected by the initial development above them. When retreat mining in the upper seam had progressed several hundred feet, however, the pillars located directly beneath the pillar line were overloaded, and an extensive squeeze initiated in the underlying workings. The squeeze, in turn, subsided the overlying workings, causing widespread rib falls and roof instability. Previous examples of dynamic multiple seam interactions resulting from delayed subsidence of underlying workings have been reported in the literature. This is, apparently, the first recorded incident in which pillar recovery in an active mine triggered pillar failure in an underlying mine, which then triggered a dynamic interaction that impacted the active overlying seam.

Jan 1, 2012

By Andy Schroeder

Located in Hamilton, Ontario Canada, Berminghammer Foundation Equipment, is a manufacturer of advanced foundation equipment with 30 years of experience. The company is represented in more than 20 countries world wide, maintains an extensive Research and Development team, and has earned a reputation for finding the most practical solutions to the most challenging projects. The vertical travel lead, referred to as "VTL" system, was first developed and patented by C.W. Bermingham in the 1970's. This lead system was developed in response to the fundamental limitations of either a fixed lead or hanging lead system. The fixed lead system is well suited to level job sites with few obstructions and has the advantage of faster positioning of the lead, the hanging lead is very adaptable to different elevations and batter piles but takes much longer to position. Therefore the Vertical Travel Lead was developed to combine the advantages of fixed leads, fast and accurate positioning, with the ability to adjust the height of the lead base up or down. The VTL lead is connected to the boom by a sliding connection which allows the lead to be elevated or lowered below grade. The advantages of the VTL system were recognized by many foundation specialists and they have become the Industry standard in Canada , US Railway Construction , and many parts of the USA.

Jan 1, 1997

By C. G. Bieber, J. R. Mihalisin, R. T. Grant

A growing demand for longer service life of gas turbines has placed increasingly rigorous requiret~rents upon superalloys employed for that application. Long-titne testing at high temperature has revealed that phase transformations occur in all superalloys. A common one of particular interest is o formation. Presented here are studies made to identify a and to characterize its formation and effect on properties in three cast nickel-base superalloys—IN 100 alloy, alloy 713C, and alloy 713LC. Methods are discussed by which o can be eliminated or inhibited in IN 100 alloy and alloy 713C. Evidence was obtained to indicate that some types of o may be more detrimental than others. Limitations in the electron vacancy approach to o prevention are pointed out, and it is shown how alternative approaches, such as reducing a complex superalloy matrix to the form of a pseudo-ternary system permitting equilibrium diagram treatment, lead to additional insights into the formation of in these alloys. AROUND 1960. Beiber1 developed IN 100 alloy, which still remains one of the strongest commercially available nickel-base superalloys. The principle used in the design of this alloy was to produce large quantities of y' phase in a y matrix through the use of copious amounts of aluminum and titanium. In 1963, ROSS' showed that when certain heats of this alloy were held for a long time at 1650°F they formed an acicular phase, subsequently identified as a.3 a is a hard and brittle phase first discovered in the Fe-Cr system by Bain and Griffiths.4 They termed it the "B" constituent. Subsequently this same phase was found in other systems, primarily those of the transition elements, and acquired the name "a" by which it is now known. The crystal structure of the a phase was first determined in the Fe-Cr system in 1950.5 It was shown to be tetragonal with a c/a ratio of about 0.52. as is the case with a found in other systems. This characteristic crystal structure is now the means by which a is identified. In superalloys, such as IN 100 alloy. large amounts of o impair the high-temperature creep strength and drastically reduce room-temperature tensile ductility. Discovery of o phase in some heats of IN 100 alloy quickly led to investigations of other superalloys for similar transformations. It was found that many of the stronger, more highly alloyed. super-alloys were indeed susceptible to o formation. This investigation has been concentrated on three commercial alloys: IN 100 alloy, alloy 713C, and alloy 713LC. J.R.MIHALISIN,MemberAIME, and C.G.BIEBER are with The International Nickel Co., Inc., Paul D. Merica Research Laboratory, Sterling Forest, Suffern, N. Y. R. T. GRANT, Member AIME, is with The International Nickel Co., Inc., Pittsburgh, Pa. Manuscript submitted May 22. 1968. IMD A detailed study has been made of the phase transformations and their relation to a formation along with a consideration of electron vacancy approaches for predicting a-forming propensity in these alloys. EXPERIMENTAL PROCEDURE Phase transformations were studied by light and electron microscopy, electron diffraction, microprobe investigations, and X-ray diffraction. Specimens for light micrographic examination were prepared by conventional grinding and polishing followed by etching with glyceregia (2:l HC1/HNO3 + 3 glycerine by volume). Photomicrographs of stress-rupture specimens were taken adjacent to the fracture unless otherwise noted in the text. Negative replicas for electron microscopy were taken from surfaces electropolished with a solution of 15 pct H2SO4 in methanol. For carbon extraction replication, a solution of 10 pct HC1 in methanol was used. A Siemens Elmiskop I was used for all electron microscopy. Selected-area diffraction studies were made at 80 kv using evaporated aluminum for standardizing the patterns. A nondispersive electron microprobe attachment was used to analyze the extracted precipitates chemically. The fluorescent X-rays were recorded using a flow counter containing P10 gas (90 pct Ar-10 pct methane) with a beryllium window and a single-channel pulse-height analyzer. The pulses from the analyzer were passed to a scaler-ratemeter and differential curves of counting rate vs pulse amplitude were obtained. The base line of the analyzer was driven with a synchronous motor at 0.5 v per min and a channel width of 0.5 v. The time for 105 counts was printed out for each 0.5-v increment. The microscope was operated at 80 kv with beam currents of 1 to 20 pa. This equipment detects elements from atomic number 13 to 40. X-ray diffraction studies were usually made on residues electrolytically extracted in 10 pct HC1 in H2O, although in one case a pattern was obtained from an etched surface of a metallographic specimen. A Siemens Crystalloflex IV was used with iron-filtered CoKa radiation. X-ray patterns were recorded using a goniometer speed of : deg per min. The scintillation counter and pulse-height analyzer operated at a channel height of 10 v and a channel width of 12 v. The equipment was calibrated with a powdered gold standard. The residues usually contained a number of phases. several of which could not be found in the ASTM card file. In addition, as is shown for the case of a phase in IN 100 alloy, other phases had a somewhat different lattice parameter from that reported in the ASTM card file, making it difficult to separate and identify constituents by comparison with ASTM d spacings. For these reasons, phases were identified on the basis of the lattice parameter obtained by indexing the ob-

Jan 1, 1969

By L. Forsbacka, L. Holappa

Viscosities of quasi-ternary CaO-SiO2-CrOxmelts in contact with metallic chromium were measured by the rotating cylinder method up to 1750ºC. Twelve slag compositions were selected in the composition range 20–55 wt% SiO2, 10–45 wt% CaO and 10–60 wt% CrOx. Estimation of the amounts of CrO and Cr2O3was made by regression analysis based on the earlier data. Professor Iida’s (Osaka University) viscosity model was applied and model parameters (0CrO,CrOand Cr2O3) were evaluated. The Iida model gave good consistency with the measured viscosity values.

Jan 1, 2004

By J. Kempken, R. Degel, J. Kunze, R. König

The FeNi technology is currently dominated by high-power submerged arc furnaces, often designed as smelter as "two-inline-solution". To achieve the intended high efficiency, state-of-the-art design in good correlation with ores and reductants and an integrated layout of the whole plant is of great importance. An introduction will be given to general aspects in the production FeNi, plus a detailed overview of design principles for large FeNi smelters and finally some examples of innovations and research projects concerning Fe-Ni.

Jan 1, 2007

By Moatassem Abdallah

Buildings in the United States account for 72% of electricity consumption, 40% of energy consumption, 13% of water consumption, 39% of carbon footprint, and 30% of waste output. In order to minimize these negative environmental impacts, many public and private owners are requesting that their buildings be more sustainable and certified under the widely known programs such as leadership in energy and environmental design for existing buildings (LEED-EB). To accomplish this, buildings are increasingly integrating green building measures including energy efficient lighting, motion sensors, thermal pane glass, geothermal heat pumps, EnergyStar rated HVAC systems, photovoltaic systems, and wind turbines. This research paper presents the development of an automated decision support system (DSS) that is designed to optimize the selection of green building measures which can be used to upgrade existing buildings. The developed DSS incorporates two optimization models that are capable of (i) minimizing the total upgrade costs required to accomplish a specified LEED-EB certification level such as silver or gold; and (ii) maximizing the number of accredited LEED-EB points within a specified budget of upgrade costs. The DSS is designed to identify a set of optimal upgrade decisions that accomplishes these two optimization objectives. An application example is used to illustrate the capabilities of the DSS and to validate its result.

Aug 1, 2013

By M. Kumral

The efficiency of an ore-processing unit depends on the consistency of the characteristics of raw material entering the plant. When the mined ore is highly variable in quality, the only way to ensure consistency is to homogenize the ore prior to feeding to the processing plant. The homogenization can generally be achieved by the bed blending operation. Given that the stockpiling and reclamation processes are very expensive, it is necessary to design the process in such a way as to minimize variabilities of specified properties of raw material. In this paper, for alternative stacking types, optimal stockpile geometry is found in three stages: First, stockpile input is simulated by sequential Gaussian simulation, and then the variance reduction ratios (VRR) as a criterion of stockpile efficiency are calculated for various stockpile geometry scenarios by a stockpile simulator written in FORTRAN. Second, multiple regression analysis is performed to model the VRR by the use of stockpile length, the number of layers and stacker speed as the independent variables. Finally, the model is an optimization problem. Decision variables are the stockpile length, the number of layers, stacker speed and stacking type. The genetic algorithms (GA) are used to minimize the VRR. The approach was demonstrated on data from an iron orebody. The problem was to reduce fluctuations of iron, silica, alumina and lime contents in the stockpile output. The results showed that the approach could be used for the bed blending design efficiently. Keywords: bed blending design, multiple regression analysis, genetic algorithms, iron ore, content fluctuation

Jan 1, 2006

By Courtney A. Young

Cyanide is a critically important chemical to the mining and metallurgical industry. It has a strong affinity for metals making it favorable as an agent for metal finishing and treatment as well as a lixiviant for metal leaching, particularly gold. These technologies are environmentally sound but, because cyanide is very toxic, safeguards are required to prevent accidental spills and treat effluents before being discharged. Various methods of cyanide remediation by separation and destruction for cyanide management purposes are therefore reviewed. The methods have been broadly categorized as physical, -adsorption. complexation and oxidation methods including photolysis and other advanced-oxidation processes. Reaction mechanisms for these methods are presented throughout this paper, Finally, the methods are compared in regards to their effectiveness in treating various cyanide species: free cyanide, thiocyanate, weak-acid dissociables, and strong-acid dissociables.

Jan 1, 1998

By David Jurich, Ed Perko, Jacob Prezkuta

Numerous Colorado mountain tunnels that date to the late 1800s convey water to the farming and urban communities of the eastern Front Range. Repairs to these remote facilities, often located in public lands at altitudes of 11,000 feet or more, require detailed planning, close coordination with multiple agencies, and creative execution. Issues and solutions discussed include designing repairs in undocumented ground and support conditions, logistical challenges, work in a short summer construction window, stabilization of historically signicant structures, and proect delivery strategies. xamples that illustrate early contractor involvement, exibility in design, and construction solutions are presented.

Jun 23, 2024