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INTRODUCTION Trade financing is a particularly important component of short-term financing for a minerals company since errors, extra costs, or payment delays/defaults can easily wipe out the profit margin on a particular shipment or can cause problems when arranging purchases of e.g. reagents. It is required to make any minerals operation function and does not have to be cross-border to require proper management. Sources of working capital are as follows: 1. Extended credit terms from suppliers 2. Inventory loans from banks, finance companies 3. Accounts receivable financing or factoring 4. Credit lines or overdraft facilities from banks. TRADE CREDITS These are provided under the familiar terms "net 10 days" or payment due by the "10th day of the following month." Thirty days for payment is usual but longer periods can be negotiated with regular suppliers. Shipment may be made on open account with specified periods for settlement. In the mining industry, a custom smelter gains trade credit by paying for concentrates three months after the month of shipment. INVENTORY LOANS Various forms of inventory finance are provided via "floor-plan" or warehouse financing. A set percentage, usually 60%-80%, of a good-quality, readily saleable inventory item (e.g. bullion, concentrates, ingots) will be provided by a bank or finance company which will usually have security over these products and has a right to inspect the goods from time to time. Legal security will he achieved by warehouse receipts, floating liens, chattel mortgages, trust receipts, or through collateral management service companies. The latter certify control over stock or distribution outlets and often carry insurance against fraud. Costs range around 1.5% - 2.0% p.a. or more plus some fees to cover out-of-pockets or other costs. ACCOUNTS RECEIVABLES Accounts receivable financing is based on the company's generation of satisfactory receivables which are continuously assigned to a bank or finance company ("factoring"). Because of the risks in being able to collect receivables, such as payments to a smelter for its blister copper shipments to a refinery, this form of financing costs as much as 3% - 5% of the debt amount purchased plus an additional charge for processing paperwork. Receivables can be purchased with or without recourse and on a notification or non-notification basis to the client's customer to, respectively, pay the invoice directly to the bank or not. LETTERS OF CREDIT Letters of Credit ("L/C's") are a common feature of international trade finance whereby a bank, at the request of the buyer, issues a written undertaking to an exporter to pay a specified sum of money within a set time on presentation of previously specified documents. This undertaking means that the exporter is no longer relying on the credit standing and integrity of the foreign importer. A dispute about shipment does not otherwise affect the obligation to pay upon presentation of a "clean" set of documents. These documents include the hill of lading and other documentation, often on standard "form" bases. There are a number of conventions and techniques in L/C's such as irrevocable/revocable L/C's, time L/C's, confirmation/advising L/C's and transferable L/C's. These are tools to adjust for the varying risks that the importer will not pay. Other routes where one is comfortable with an importer include documentary sight hills (D/P hill), documentary term bills (D/A bill), and, of course, open account.

Jan 1, 1985

By Karl E. Starch

This Bureau of Mines report is a background study of severance taxes on mineral production. The rates, bases, and other features of State severance tax legislation as of March 1978 are presented, as are the amounts of State severance tax collections for fiscal year 1977, Some statistical comparisons between severance tax collections, total State tax collections, and total value of mineral production in the States involved are presented to portray the relative importance of severance taxes both in State tax revenue systems and in mineral industry revenues. A general discussion of the purposes and principles of taxation, the unique nature of a mining enterprise, the various types of taxes imposed on mineral production, and the character and rationale of the severance tax and its impacts on mining firms sets the severance tax in perspective. A bibliography of materials on the severance tax is included.

Jan 1, 1979

By Iann Bouchard

Introduction à l?abrasion et l?érosion Avec le temps, tout solide va éroder et user les métaux les plus durs; de plus, la Corrosion va aussi laisser une couche mince et faible d?oxydation qui sera rayée du substrat. Solutions et guide de sélection Les polymères de Henkel Loctite® peuvent: ? Réduire l?abrasion par glissement ? Protège contre les agents corrosifs ? Prévenir la cavitation ? Augmenter l?efficacité ? Réduire la turbulence ? Résister aux hautes températures?

Feb 1, 2008

By Russel R. Bohn

The objectives of this study were to: (a) determine the state of the art for the control effectiveness of various chemical dust suppressants, (b) field test the effectiveness of the dust suppressants, and (c) develop technical guidelines for selecting and implementing cost effective tailings pond dust control programs. Chemical stabilizers evaluated under field conditions were: Coherax, Calcium Lignosulfonate, Nalco 656, 655, and Magnesium Chloride. Testing in the field utilized a portable field in-situ wind tunnel. The wind tunnel was placed on the tailings surface and simulated wind speeds of up to 80 mph were used to determine wind erosion threshold velocities. Emission rate testing was performed with the wind tunnel through the use of a real-time cascade impactor. A control cost effectiveness evaluation was performed to determine how efficient the chemical stabilizers were on a dollars expended per acre basis.

Jan 1, 1983

By A. Ekrem Yüce, Gülay Bulut, Feridun Boylu, Vecihi Gürkan, Istanbul Technical University, H. MustafaTarkan

"Nickel sulphide ores subjected to this investigation were taken from Orhaneli district where widespread chromite mineralisation can be occurred. Significant amounts of magnetite and chromite have been existed in the ore together with sulphide and oxide type nickel minerals. Ore sample is constituted about 70% magnetite, 15% sulphide minerals, 5% chromite and iron oxides as well as 10% gangue minerals.According to the chemical analysis results, the representative ore sample contains 1.32% Ni, 10.8% SiO2, 78.4% Fe2O3, 1.3 g/t Ag and 1.0 g/t Au. Mineralogical examinations showed that pentlandite (Fe, Ni)9S8, violarite (Ni, Fe)3S4, millerite NiS and asbolane (Co, Ni)MnO2.(OH)2.1-2H2O were the main nickel minerals and magnetite, chromite, chromium spinals, pyrite, pyrhotite, chalcopyrite, cubanite, goethite, hematite, limonite, rutile, chlorite, talc and serpentine group minerals as associated minerals.The aim of this investigation was to produce valuable nickel concentrates by using gravity separation, magnetic separation and flotation methods. As a results of laboratory scale studies, alternative flow sheets for the production of nickel sulphide concentrate were developed. The related experimental results are given in Table 1."

Jan 1, 2003

By R. Trammell, O. Eterigho-Ikelegbe, S. O. Bada

In response to the enormous amounts of coal discard generated during coal mining and preparation, the development of an efficient and sustainable strategic use of this resource is essential. Furthermore, the rising urban population over the next decades is confronted with the depletion of quality raw materials for building components. To this end, this study reports new information on the morphology, water absorption, and flexural strength properties of ceramic composites produced from three different coal discards and polysiloxane pre-ceramic polymer (PCP) resin. In addition, test results relating to the continuous operating temperature, chemical resistance, and efflorescence potential of the composites are presented. The results show that the water absorption and flexural strength of the coal composites, up to 1.94% and 36.46 MPa respectively, exceed the requirements for ceramic and clay roof tiles. The continuous operating temperature of composites is found to be more thermally stable than conventional roofing tiles (concrete and ceramic) between ambient temperature and 600°C. In addition, the excellent chemical resistance of the composites (94.43%−99.98%) compared to conventional roofing tiles (67.82%−99.97%) eliminates the need for additional external coatings. The interesting results documented so far suggest that this technique could be used to produce low-temperature application building products such as bricks, panels, roofing tiles, etc. This new recycling technique offers an excellent opportunity to eliminate enormous volumes of coal discard and to advance the circular economy in the coal industry.

Aug 2, 2022

By N. Ahern, L. Manoukian

"Cyanide is a leaching agent for precious metals commonly used in gold ore processing. Cyanide exists in various forms (including free, complexed as weak or strong complexes, and as ions such as cyanate and thiocyanate), so its detection, speciation and analysis in processing or environmental samples can be complex. This paper will review best practices for cyanide sampling and preservation in the field, interferences and pretreatment methods required prior to sample analysis and analytical methods that are used for cyanide species. Titrimetric, flow injection ligand exchange, spectrophotometric, colorimetric, potentiometric, amperometric, and chromatography techniques will be discussed and their chemistries, detection limits, advantages and limitations will be described.INTRODUCTION Cyanide is well known to be an extremely toxic species. Accurate cyanide measurement in effluent from mines is critical from an environmental perspective. Its measurement is also an important control parameter in the recovery of gold using cyanidation. Cyanide chemistry is diverse and complex, and cyanide analysis can be challenging as a result of and because of limitations in understanding of analytical methods. Various chemical mechanisms can form or destroy cyanide, and the sample matrix or preservation chemicals can also affect analytical results. These interferences make the collection of reliable cyanide measurements challenging and can start as soon as the sample is collected, during laboratory pre-treatment and during analysis. This paper reviews different methods of cyanide measurement. The basic chemistry of cyanide, best practices for sampling and preservation, as well as various methods of analysis will be discussed.CHEMISTRY The complexity of cyanide chemistry is well known (Beck, 1987; Delgado, Botz, Bucknam, Milasovljevic, & Staley, 2008; Botz, Milosavljevic, & Ward, 2013) and is attributed to the ability of cyanide to undergo: •,Volatilization •,Precipitation •,Adsorption •,Complexation with metals •,Oxidation to cyanate, ammonia, or cyanogen chloride •,Reaction with sulfur or sulfide minerals to form thiocyanate •,Redox reactions leading to the formation of cyanogen and cyanate •,Redox reactions (of some cyano complexes) •,Photochemical reactions (of some cyano complexes)"

Jan 1, 2017

By L. Salnais

"Aluminum alloy structural components f or aircraft designed prior to the early 1970s, were machined from 2024, 7075 and 7079 plate, bar and forgings in either the T3xxx of the T6xxx tempers. Protective treatments for these parts consisted of chromic acid anodizing and alkyd zinc chromate primer, plus a nitrocellulose lacquer for exterior parts.The major service problem with these parts was the frequent occurrence of exfoliation corrosion and stress corrosion cracking (S. C. C.). Therefore, 2024 and 7079 alloys, with min or exceptions, were not used in aircraft designed after the early 1970s. Replacement materials were 7075 and 7050 alloys in the overaged, exfoliation corrosion and S. C. C. resistant, T73xxx tempers.The use of improved materials together with the upgrading to chromated epoxy primers, polyurethane enamels and the introduction of water displacing corrosion inhibiting compounds have significantly reduced corrosion in aircraft. IntroductionThe prevention of corrosion in aircraft has been a challenge to aircraft designers for many decades. With the design of the first all-metal aircraft, the designer and builder were thrust into the relatively new field of protective treatments as corrosion started to become more prevalent. This resulted from the continually increasing importance and wider utilization of aircraft, and their exposure to a wider variety of ho stile environments such as urban industrial pollution, high humidity tropical areas and salt ladened marine environments.Corrosion advanced another significant step when, after World War II, designs of new and larger aircraft utilized larger and thicker metal sections in the manufacture of structural components. With thicker mill products came higher residual heat treat, fabrication and assembly stresses resulting in an increased number of stress corrosion and exfoliation corrosion problems.Apart from the exterior environment, aircraft interior s can be exposed to a number of fluids which are either directly or indirectly responsible for corrosion. The most common of the fluids is water which is usually introduced as a result of condensation, especially in pressurized fuselages, and spillage from lavatories, galley s and electrolytes from batteries. These fluid s have a degrading effect on protective treatments and are also corrosive to the substrate metal. Fluids such as phosphate ester hydraulic fluids and ester based turbine engine lubricating oil s are not corrosive to the substrate metal, albeit they do contribute to corrosion by the degrading effect on protective treatments."

Jan 1, 1988

By C. B. Davison

One goal of the Bureau of Mines is to conserve the Nation's mineral resources by developing improved performance materials. Consistent with this goal, the Bureau conducted studies on the formation of undesirable cristobalite in seven different fire clays used as refractories. The studies employed scanning electron micrography, chemical and X-ray analyses, and pyrometric cone equivalent determinations to examine the sample clays and determine the effect of thermal history and stablilizing additives on the amount of cristobalite in various calcines. This research has indicated that as fire clay calcining temperatures increased from 1390° to 1,490° C there was a gradual decrease in the percent of cristobalite present in the calcines and a progressive development of mullite crystallization. No cristobalite was found in fire clays calcined above 1,550° C, but cristobalite reappeared when the calcines were reheated to temperatures between 1,400° and 1,500° C. The research also revealed that additions of lithium fluoride (LiF) prevented formation of cristobalite in fire clay calcines.

Jan 1, 1979

By M. A. Roche

The property of the Hudson Bay Mining & Smelting Company, Limited is located at Flin Flon lake, 85 miles northwest of The Pas, Manitoba, on the Manitoba-Saskatchewan boundary. The area is at latitude North 54°, and is approximately 1,000 feet above sea level. The ore-body occurs in amygdaloidal greenstones, which are to be referred to the earliest basic volcanic flows in the district. It was discovered in an outcrop on a point of land jutting into Flin Flon lake, and subsequent diamond drilling proved that it extends under the lake both to the north and south of the point of discovery. After the taking of soundings from the ice during the winter months, it was estimated that l,000,000 tons of overburden, mainly mud and clay, would have to be removed to expose the underlying ore. Flat diamond-drill holes indicated that the ore-body was separated into more or less independent lenses by horses of unmineralized greenstone, and that in places the overall width, including horses of waste, reached 450 feet. These several] conditions were the main factors influencing the management in their decision to adopt an open-cut method for the mining of the upper portion of the ore-body. Before it was possible to commence stripping operations, it was necessary to dam-off the eastern portion of Flin Flon lake, instal pumps, and de-water the dammed-off area. Dams for this purpose were constructed of mine waste rock and clay filler from nearby hillsides. Material for the bottoms of the dams was taken across Flin Flon lake in hopper-bottom barges. Trestles were then built on the dam bottoms and dams were complete by the time trackage was available. De-watering commenced in April, 1930, and was completed by the latter part of May of the same year. Estimated pump output for the period was roughly four billion gallons. Two Morris 10-inch dredging pumps were used, direct-connected to 250 h.p. electric motors. Individual pump capacity was rated at 3,000 g.p.m. against a 150-foot head. Average head for the operation was 50 feet, which increased the total output considerably. The pumps were mounted on floating barges in cribbings of piling driven at the lowest points in the lake bottom.

Jan 1, 1933

By J. Lux, B. Clermont

Magotteaux, with the co-operation of Anglo Platinum, has erected a fully instrumented pilot plant at Frank concentrator, which is being used to study the influence of a variety of grinding parameters. This paper will discuss only the influence of mill speed and pulp density on secondary stage grinding. A Ø0.82 x1 m open circuit mill was used with reclaimed Merensky tailings as feed. The conclusions apply to this pilot plant but further investigation needs to be done to verify whether the same trends will be applicable to a large industrial-scale mill.

Jan 1, 2004

By M. Hermanus

1. INTRODUCTION It gives me great pleasure to extend my warmest greetings to everyone attending the 30th International Conference of Safety in Mines Research Institutes. I would also like to bid a special welcome to all of the international delegates who have travelled to Johannesburg to take part in what surely be a most rewarding session of deliberations. As you come together over next four days, you will have a wonderful opportunity to exchange ideas and information on strategies and practices for the implementation of sustainable patterns of development. The objectives of this meeting are both timely and far-reaching, as countries around the globe work towards the sustainable use of the world resources. Each of you brings a high level of expertise to these deliberations. I know that you will make the most of this opportunity to address the challenges and opportunities to highlight the most innovative and technologically efficient methods of social protection in order to ensure an increase in the quality of life, health, safety and living environment for the peoples of the Africa. Our country, although endowed with an immense and diverse array of mineral deposits, is perhaps best known in the mining industry for the fact that it is the world’s biggest producer of gold. Although South African gold production has declined over the past years and the industry faces serious problems, it is a myth that the South African industry is moribund. There is a new energy coursing through the South African producers which will ensure their powerful presence for many years to come, based not only on their domestic production but also and probably increasingly on their external operations. Africa features prominently in the latter category.

Jan 1, 2003

Lean Iron Ore Beneficiation in India

Sep 13, 2010

By Nilce Alves Santos, Vânia Lúcia de Lima Andrade, Keila Lane Carvalho Gonçalves, Harold Wyslouzi1

"When confronted with the difficult decisions on advancing an exploration project to the feasibility and construction stages, it is important to know how various regions of the ore body will react in the milling and concentration processes. While bench scale test work is common and inexpensive, the results and information provided are somewhat limited due to the difficulty in accurately predicting the effects of recirculating middling streams or gradual changes in solution chemistry.Conventional Pilot Plants, processing 100 to 1,000 kg/hour of sample ore, provide the detailed engineering data required to develop a final process flowsheet and to size the equipment. They are, however, expensive to set-up and operate, and are really only viable for major projects that are well advancedIn the latter part of 1999, the Mineral Development Center at CVRD (MDC) purchased a new piece of mineral processing equipment which can run continuous flotation tests using drill core samples. To evaluate its performance, and to compare it with conventional testing methods, various types of flotation tests were carried out using two different types of copper ore. The limitations and advantages of open circuit and locked cycle bench tests, as well as the Mini Pilot Plant and the Conventional Pilot Plant were evaluated.Open circuit tests carried out at the bench scale only provide basic information. More complete and trustworthy information is obtained, in terms of the recirculation of flows and reaching a permanent and stable flotation regime, as the dynamics and complexity of the tests increases. The data obtained showed that the MPP’s metallurgical performance was equivalent to that of a conventional pilot plant."

Jan 1, 2002

New Zealand China Clays produces a unique halloysite clay product at Matauri Bay, Northland.   The company has licences over four deposits that were derived from the weathering of rhyodacite domes. Clay is mined and processed from two of the four deposits and is refined using a complex process based on gravity separation.   The product is almost entirely exported to niche markets in 24 countries. The main market is the fine ceramic industry where the product is used as a component in the manufacture of high quality porcelain and bone china bodies. The use of halloysite in these bodies gives the manufacturer the ability to achieve high whiteness and translucency. The other major market is for use in technical ceramics, where the product is sought after due to its high purity, fine particle size and stability at high temperatures.

Jan 1, 1997

By Wolfgang Koch, Bernd Friedrich, Ann-Kathrin Maurell-Lopez

Due to the high standards for silver in electronic uses, it is essential to control the behavior of the main impurities such as copper or palladium during electrolytic refining. In regard to palladium, it is indispensable to understand and manage its co-deposition behavior. The influence of electrolyte composition, current density, and acid concentration on Cu and Pd co-deposition during silver electrorefining is systematically investigated.

Mar 1, 2017

By F. A. Penning

An experimental and analytical investigation was conducted on a recoverable pit bottom buffer. Work was conducted at the Colorado School of Mines using the U.S. Bureau of Mine-s free fall test tower. The four-sided butter, one of several designs by Cable Belt Ltd., was constructed of reinforced rubber slabs. The kinetic energy of falling weights, 1670 to 6000 lb, was absorbed by the flexure of rubber slabs loaded along their edge. A series of constant energy, 3000 ft-lb and maximum design velocity, 600 fpm tests were conducted. Static testing of the buffer established the load-deformation behavior. A large hysteresis loop plotted above and below the data published by the manufacturer. Creep was evident during; the loading Lend unloading cycle. Electronic instrumentation measured deceleration using your accelerometers; overall and intermediate movement was found from four displacement transducers; bending strains were recorded at four locations; and base reactions were measured by using four load cells. Data were recorded on tape and played back on a recording oscillograph. High speed movies were taken of all the tests. Symmetry of response and rebounds, when they occurred, were noted. From the displacement-time and load-time data, maximum decelerations were calculated by four methods and different assumptions. Good agreement was found from these approaches. Impact loads ranged from a low of 0.7 to a high of 6.1 gs. A dynamic computer model was written for the response of the buffer. Displacement-time, and acceleration-time plots show close correspondence with experimental data for the ten experiments. Data from accelerometers, displacement transducers, strain gages, and load cells are included. The computer program listing, and displacement-time acceleration-time plots are also presented.

Jan 1, 1980

The Greymouth Coal field is situated on the West Coast of New Zealand's South Island and has been mined for coal for more than 120 years. The area covered in this paper is within the Rapahoe Sector of this field and contains >200 million tonnes of low ash, low sulphur, bituminous rank coal. Paper No 6, presented to the 19th Annual Conference of the New Zealand Branch of The Australasian Institute of Mining and Metallurgy in Christchurch in August 1985 by R G Bowman, explained 'A Geologist's View' of the 'Economic Potential of the Greymouth Coalfield', and describes previous geological assessments of the Rapahoe Sector.

Jan 1, 1989

By P. J. Mackey

New and emerging, as well as proven technologies for the smelting of copper, nickel, lead and zinc are briefly reviewed. The number of new technologies available today is greater than at any time in the past, and interest and development activities remain high despite the economic dif-ficulties faced by the non-ferrous metallurgical industry. Part of the impetus is provided by the realization that only the most cost effective producers will remain competitive, and that new technology is one key to cost effectiveness. The commercially proven "new" copper smelting processes can now be considered to be conventional- technology, and are expected to dominate copper smelting for acme time. There is a growing. interest in continuous copper converting, although direct smelting and converting to copper in one vessel remains the- ideal. There is little activity in nickel smelting. After many years. of development, it appears that several new direct lead smelting processes will soon be a commercial reality. The electrolytic zinc process is expected to continue its dominance, although there is a renewed interest in pyrometallurgical approaches. One of the new zinc processes, and a molybdenum smelting process, illustrate the possibilities of using plasma technology in non-ferrous metallurgy. In the area of complex sulphides, there is perhaps less interest in the treatment of bulk con¬centrate, and more in the treatment of so-called dirty copper concentrates. Much of the technology ancillary to smelting has remained relatively unchanged, and more effort must be made to advance the technology in areas such as materials handling, gas cleaning and sulphur fixation, and energy recovery. More attention to engineering design is also needed. Escalating capital costs may make mini-smelters attractive, but imaginative technology and innovative engineering will be required to make them cost effective. Finally, a glimpse is offered of the smelter of the future.

Jan 1, 1983

By Terry R. Neumann

In 1989, the Bureau of Mines conducted a mineral resource investigation of the 52,350-acre Jersey Jack study area, located in the Clearwater Mountains of north-central Idaho. Twenty-eight mines and prospects were examined, and 483 rock, placer, and petrographic samples were collected during the field study. Two properties contain gold resources; mining company data show the Robinson Dike mine contains an estimated 940,000 tons of "drill proven and probable reserves" averaging 0.041 oz/ton gold, and the Bureau of Mines investigation showed the Blacksand placer mine contains an estimated 64,000 cubic yards of identified placer resources averaging $8.13 in gold per cubic yard. Sample analyses from other properties indicate that gold resources are likely to exist; however the low tonnage, narrow, fissure-vein type deposits would require mining by relatively high-cost underground methods and would be subeconomic at a gold price of $400/oz.

Jan 1, 1991