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By G. Le Bel

Discussion by G. Le Bel The paper proposes three methods to determine optimum lifetime of a mining project 1. The conclusion is that the three methods arrive at the same optimum production rate (by coincidence). It is also stated that: "The stochastic and option pricing models, in addition to providing a more realistic optimum mine life than the traditional NPV (net present value) calculation, showed that the example project has the potential for substantially higher return. By explicitly considering a project's potential risks, the stochastic or option pricing techniques can more accurately describe its probable investment performance." This discussion is intended to demonstrate that: •It is no coincidence that the three methods arrive at the same optimum production rate. • The stochastic and option pricing models do not provide a more realistic optimum mine life than the traditional NPV calculation. •The potential for a substantially higher return is misrepresented. First, a review of investment decision theory in mining is needed. Net present value is the preferred performance measure because of the flexibility offered when comparing various alternatives. However, it presents the following disadvantages: • The discount rate selection is not straightforward. • The NPV obtained represents a deterministic characterization of the variables included in the cash flow calculations, i.e. a single-point estimate. Discount rate selection The opportunity cost of capital represents the rate of return that would be obtained if the capital was instead invested in other opportunities considered to exist. Such opportunities must be bypassed if the available capital is invested in the project studied 2. If these other opportunities carry risk similar to the project under analysis (for example, if they are other mining projects), there is no need to add incremental [ ] risk factors. On the other hand, if these opportunities are represented by the acquisition of government bonds yielding 7%, a risk premium factor must be included. The types of risks associated with a mining venture are shown in Table 1. Together they represent the "business risk" of being a mining company. The individual project risk is important to investors if it differs substantially from the business risk of the company and that of the other investments in mining ventures that we must pass up to invest in this particular project. A risk premium or discount would then be required. This can be illustrated by the following example. Consider that a company has two investment alternatives: one is the Cavender hypothetical project located in Nevada, and the other is the same project located in a civil war zone of central Europe. The second project requires a risk premium factor on the discount rate. Conversely, a project showing highly uncertain returns that are negatively correlated with the returns of the firm's other assets may decrease the company's corporate risk. Deterministic character of NPV calculation The cash flows used in NPV calculations are obtained from a set of variables. These variables are estimated using one parameter obtained from the engineering studies. Each parameter is thus a single value that is often termed a "realistic" or "best estimate" as opposed to "optimistic" or "pessimistic." However, considering that each variable can assume a range of values between the

Jan 1, 1994

For processing plant design it is essential to develop a consistent material and (usually) energy balance as a basis for equipment sizing. This paper discusses techniques for consistent material balance generation, from hand calculation, through spreadsheets to specialised computer programs and general purpose simulations. The appropriate matching of techniques to problem complexity is considered, as are some possible trends for the future.

Jan 1, 1991

By Kenneth Maser, Douglas W. Ounanian, Joseph S. Boyce

Foster-Miller Associates, Inc. (FMA), under contract to the Department of Transportation (DOT) and the Urban Mass Transit Administration (UMTA), is currently developing an Extruded Tunnel Lining System (ETLS). The ETLS would reduce ground support costs in machine bored tunneling by eliminating the need for temporary support, and by slip-forming the final concrete lining directly behind the Tunnel Boring Machine (TBM). The system can advance at variable rates, from 0.6 to 3.7 m (2 to 12 ft) per hr, by combining three systems: a very high early strength concrete, continuously produced and delivered by a concrete process system; a slipform/bulkhead system for supporting the concrete prior to strength gain and exposure; and a control system for form/bulkhead alignment and concrete process control. Large-scale tests are planned to demonstrate the system in a 3 m (10-ft) diameter steel "tunnel".

Jan 1, 1981

By Charles H. McGuirk

The Port of Conneaut, the largest bulk material handling and storage facility on the Great Lakes, is using the latest electronic and visual testing devices to augment and enhance its well established computerized preventive maintenance system. The results of this comprehensive program have been impressive. The remaining life of components can be accurately forcast, and replacement can be programmed around operations, resulting in a significant improvement in system availability and reduced costs for the dock operator and its customers.

Jan 1, 1983

By Leonidio Stegmiller

Since the petroleum crisis in 1973, charcoal1 is being considered one of the most important fuel for the Brazilian consumers, mainly for pellet's producers. In replacing fuel by charcoal mixed up with ore, obviously one of the first thing to be investigated is its influence in the product's quality. Special attention has been given to the metallurgical characteristics. This paper infocus the effect of increasing dosings of charcoal to the pellet's porosity and how other physical and metallurgical characteristics will be affected accordingly. This work was carried out using two different finesses of charcoal and dosing varied from 0.5 to 2.0%.

Jan 1, 1982

By Matthew Wilcock, Kenichi Soga, Peter Wright

"This paper discusses how an existing grey cast iron segmental tunnel lining responds to construction of a new SCL tunnel transversely beneath with zero clearance; how the damage assessment for the existing tunnel was conducted for impact of longitudinal movement; how the tunnel is subsequently instrumented to observe both movement and stress manifestation at its longitudinal connections and how the results from the instruments compare with the prediction. An assessment of neutral axis of the tunnel in longitudinal flexure is also explored using interpolated horizontal displacement data from a conventional monitoring system. INTRODUCTION The Royal Mail Tunnel (RMT) (formely Post Office Tunnel or ‘Mailrail’) was constructed using semi-mechanised deep level construction techniques from 1914 and 1917 (Lee 1938). Commencing full commercial operation in 1926, the system was until 2003; conveying parcels the 6.5 miles between seven sorting offices in the center of London, and linking the system with main line rail stations, Paddington and Liverpool Street (The British Postal Museum & Archive 2013). A single tunnel of 2.74m internal diameter facilitated a bi-directional twin narrow-gauge (~611mm gauge) railway road system for electric driverless operation. The tunnel lining is segmental grey cast iron (grade 10) made up of six flanged segments and a smaller flanged key segment; constructed into a ring of width 508mm The external diameter of the tunnel is 2.971m. For further details of the tunnel lining and material properties are outlined by (Devriendt & Alhaddad 2014).London Underground Bond Street Station is a major station of the London Underground system in the very center of London; in its vicinity, the RMT runs west-east perpendicularly above the north south Jubilee Line tunnels. Historic survey record of the Jubilee Line’s (the then Fleet Line) construction in 1974 and its impact on the RMT case is documented in (Crossrail 1993): it is one of only a hand full of case-studies frequently cited when assessing the impact of new construction scenarios of this type; not least including the assessment of the same tunnel, at the same site some 40 years later, and the subject material for this paper: It noted significant vertical displacement of ~90mm to the RMT without noticeable serviceability or operational impediment."

Jan 1, 2016

By Halter L. Gould

Since the turn of the century there has been a marked increase in population, industrial and economic growth, and in energy requirements in the United States. During this time our energy needs have been met largely by natural gas and petroleum, but as our reserves of these materials are depleted, we are going to depend more and more on our large reserves of coal. The mining of coal for electrical power production has increased at a rapid rate during the past decade. Over half the coal produced in the United States in 1971 came from mines utilizing surface mining operations (Paone, et al, 1974). Surface mining is expected to increase as the rising cost of oil places more demand on coal for energy. About 57 percent of the coal reserves in the United States lie in the area west of the 100th meridian. About one-quarter of this can be mined by current surface methods. This would involve the disturbance of approximately 1.5 million acres (600,000 hectares). By the year 2000, projections indicate disturbance of about 200,000 acres, or 300 square miles, in the West. Mined areas receiving more than 250 mm of annual precipitation can usually be revegetated without irrigation if the spoils are properly shaped, the surface layer consists of suitable plant growth media, and proven techniques in rehabilitating disturbed rangeland are applied. Areas receiving less than 250 mm of annual rainfall or with high evapotranspiration rates pose a more difficult problem. Revegetation of these areas can probably be accomplished only with major inputs of water and good management (National Academy of Science, 1974).

Jan 1, 1978

By D. Erik Spiller

A commercialized dry gravity concentrator is operating on an alluvial gold deposit in the Boludo Mining District, State of Sonora, Mexico. The technology base of the process is the Rotary Air Concentrator (a dry circular air jig) that recovers gold from the desert sand resource. An overview of the Mexican operation and the dry concentration technology is presented. Application of the dry technology to pretreat­ment of heap leach feeds and other heavy minerals is a pos­sibility.

Jan 1, 2000

By M. G. Ayat

Engineers in the field of coal preparation are continually striving to increase the efficiency of various circuits used in preparation plants. Undoubtedly, one of the important factors concerning the processing efficiency of a coal preparation plant is improved analyses and control of the processing equipment. The necessary link between the performance criteria of a circuit may be provided through on-line determination of various parameters. Currently, there are a certain number of on-line instruments developed for measurement of ash content of coal (Watt and Sowerby, 1983; Kawatra, 1976; Fauth et al., 1984; Lyman and Chester, 1980), moisture content (Hall et al., 1969), and sulfur content (Stewart et al., 1974). In the case of coal separatory units, these parameters are often directly related to the quality of the product. In other words, the extent of misplacement of refuse in the product, or vice versa, would indicate the performance characteristics of any particular coal washing equipment. Partition curves are therefore established to predict the performance of coal cleaning operations. Conventional sampling and testing is currently the major tool with which partition curves are produced and the performance efficiency of the operation is assessed. While conventional analysis techniques are accurate, they are slow and time-consuming.

Jan 1, 1987

By R. H. T. Garnett

Reserve estimation is a process that commences with sampling and culminates in the issuance of a reserve statement. The tin, gold and diamonds that occur as marine placers on the continental shelf are low grade with very erratic mineral distributions. Sampling, using a variety of special equipment, determines the extent and grade of the mineralization. The sample size is important, especially for diamonds. Together with the sampling density, it determines the accuracy of the grade estimate. Bulk sampling is a confirmatory process. The choice of mining equipment, either new or developed from onshore activities, dictates the unit costs, the cutoff grades and the selectivity of extraction. Thus, the size of the blocks that comprise the mining plan and the reserves are determined. A variety of estimation methods of different reliability are available, with the most sophisticated being kriging. Dilution and losses during mining must be taken into account in estimation, and a grade-volume curve should be constructed. Diamond deposit estimation also involves an extra variable, the dollar value of the stones. During and after mining, essential feedback on the accuracy of un estimation may be given by the RIE factor and by a mineral balance. Reserve estimates are required for several reasons and may be subject to public disclosure. The use of the correct definitions is, therefore, important.

Jan 1, 1999

By S. Odell

The Bureau of Land Management (BLM) has constructed two biochemical reactor systems (BCRs) to treat mining influenced water from the Forest Queen Mine near Silverton, CO. The bioreactors coupled with a natural wetland provide treatment to the Forest Queen Mine drainage. The central objective of this paper is to review the performance of the bioreactors and wetland treatment system. The bioreactors have been in operation for nine years and along with the natural wetland are still removing a high percentage of the influent metals.

Jan 1, 2010

By Tedd B. Bodimer

Why complicate an already complex machine such as a continuous miner by adding roof drills? Immediate permanent roof support is an immediate thought of the mining engineer just as elimination of frequent time-consuming places changes is a thought of the methods engineer. The realization of those two objectives has the potential for improved safety with increased production is the thought of the general manager. Miner-Bolters Used a Generation Ago These are not new thoughts as the 1CM continous miner equipped with two integral roof drills was introduced twenty-five years ago. Approximately two hundred of these machines were sold in the next five years for use in medium and high seam operations. The 1CM miner chassis that remained stationary in the center of an entry or room while the ripper bar was swung and sumped hydraulically provided an ideal platform for mounting two roof drills that could be operated during the continuous miner's production cycle. Two roof bolts could normally be installed in less time than required for the mining cycle. A typical roof drill unit is shown in Figure I.

Jan 1, 1981

By Daniel Hodouin, Antoine Berton

Mineral processing plants are monitored and controlled using measurements that are usually processed by on-line material balance calculation techniques. However, gross errors, due to sensor biases or failures, may corrupt all the process variable estimates. On-line gross error detection methods are required to ensure efficient mass balance evaluation. In the proposed approach, material imbalances and raw measurement corrections are tested by statistical techniques designed to detect and isolate sensor problems.

Jan 1, 2000

By P. Geoffrey Feiss

The Piedmont province of the southern Appalachians is becoming the focus of interest for many exploration geologists. In the past, only those deposits with significant surface exposure have been exploited. Thus, few deposits have been found and relatively little exploration has been conducted in recent years. Modern geochemical and geophysical techniques can alleviate this problem of concentrating on exposed ore bodies by allowing us to "look through" the soil and saprolite to detect the presence of significant mineralization at depth. This paper will attempt to evaluate the feasibility and effectiveness of several geo¬chemical exploration techniques in the Piedmont, of Cabarrus and Stanly Counties, North Carolina. The area chosen for the study is shown in Figure 1, lying almost wholly within the Mt. Pleasant quadrangle, North Carolina. The area is on the eastern boundary between the Charlotte belt, a zone of plutonic and intermediate grade metamorphic rocks, and the Carolina Slate belt, a series of complexly interbedded volcanic and sedimentary rocks of predominantly low grade metamorphism. The area is now considered to be a 500 million year old active, continental margin.1 As is typical of most of the piedmont, outcrop is sparse. Figure 2 is a sketch map of the general geology of the area under study, showing the Charlotte belt rocks in the northwestern quadrant and slate belt rocks, to the east. Within the area are a number of old mines and prospects, the most famous of which are the Furniss and the Phoenix mines in Cabarrus County. All are reported to have contained Au and Cu. Ag and Pb were reported from some. A summary of the deposits is given in Table 1. Data used in this study are from three Master's theses conducted at the University of North Carolina at Chapel Hill. 3,3,6 In separate studies, well waters5, B-zone soils3, and vein and float quartz6 from the area described were sampled and analyzed. Each study concluded separately that geochemical anomalies in the vicinity of the ores justify use of that specific sample type in a geo-chemical exploration program. However, no comparative study of the methods has

Jan 1, 1977

By Z. T. Bieniawski

Engineering rock mass classifications have received prominent attention as design aids in rock tunneling. Support selection in civil engineering tunnels and chambers is often based on such classifications. In the field of mining, rock mass classifications have not been utilized to the same extent but some applications have been made. This paper considers the current rock mass classification schemes from the point of view of their potential in mining. Case histories are described featuring their use in assessing the cavability of ore as well as entry stability and support. Current possibilities for rock mass classifications as design aids in mining are outlined.

Jan 1, 1980

By Pradip

The development of highly selective mineral processing reagents, which are not merely metal-ion specific, but specific to the particular mineral surface structure, is essential for the exploitation of relatively more difficult-to-process ore deposits, in particular for the separation amongst minerals having the same constituent ion. Both the choice of the functional group as well as the molecular architecture of the reagent determine its selectivity. Several examples are presented in this paper to illustrate the concepts of structure specificity and molecular recognition at mineral surfaces - the concepts crucial to the advancement of the emerging science of reagents design. Recent advances made in the understanding of molecular interactions involved in the synthesis of biomineralized materials are discussed so as to delineate the utility of this approach in the design of selective reagents for mineral separation.

Jan 1, 1994

By V. Angelatou

In the present study, the possibilities of use of natural zeolitic tuffs from the Skaloma area, Rhodope prefecture, Greece, for the removal of Pb and Zn ions from aqueous solutions has been studied. The equilibrium data were examined for different grain sizes, pH?s and initial concentrations. An apparent kinetic study was also carried out for different time intervals at constant temperature and pulp density. For the chemical equilibrium study the Freundlich isotherm was used. The experimental results verified the favored behavior of zeolite on lead ions and the quick kinetic of the process whilst the efficiency of the ion exchange on zinc is rather limited. The grain size of the material did not greatly affect the performance of the process. The removal of metal ions worked better at lower pH. The Freundlich isotherms are in good agreement with the experimental data.

Jan 1, 2006

By Nelson R. Shaffer

Biotechnology has become a household word of the nineties, and it is expected to become as important in the next century as the computer is in the present. Numerous books and articles portray biotechnology developments as nothing less than a scientific revolution. Almost everywhere one looks new biotechnical breakthroughs are being reported that offer almost limitless opportunities to harness the force of living things to produce materials and manipulate their properties. Biotechnology has been broadly defined as any applications of biological organisms, systems, or processes to manufacturing and service industries. This seemingly new technology is, in fact, one of mankind's oldest scientific activities (Table l), which has been recently revolutionized by techniques of genetic engineering that arose out of basic research in biology, biochemistry, genetics, and information sciences. From fields as old as agriculture and medicine to those as new as monoclonal anti-bodies, transgenic plants, or biocomputers are encompassed by biotechnology. Like most human endeavors, industrial minerals play critical roles in biotechnology. In addition biotechnology holds real potential to improve extraction and beneficiation of certain industrial minerals themselves. BIOTECHNOLOGY OVERVIEW Companies using established biotechnical techniques make up large and diverse groups such as agriculture, chemicals, and pharmaceuticals. The massive US Pharmacopia (Anon., 1990a) provides detailed specifications for minerals used in medicines. Alumina, zirconia, apatite, and bioactive glass have seen service as implant materials (Williams, 1990) and new uses for minerals in health sciences are being actively researched. Agriculture produced $361 billion worth of food and drink during 1991 in the United States; organic chemicals, pharmaceuticals, and enzymes accounted for $68, $59, and $42 billion, respectively (Anon., 1992a). It is not possible to separate the contributions of industrial minerals to biotechnical products, but they represent a very large and rapidly growing new field of uses. The new biotechnology has nearly 300 small companies, plus 15 established companies with 742 biotechnology-related firms (Dibner, 1991b). Revenues exceeded $2 billion in 1990 and are expected to grow to $50 billion by 2000 (Anon., 1992c), with worldwide sales exceeding $100 billion (Burrill and Roberts, 1992). Federal research amounted to $3.4 billion in 1990 (Anon., 1992b). The United States is the world leader in biotechnology, but other countries have large, well-funded programs. Despite debate about safety, obstacles to new biotechnology products are declining (Embers, 1992, Gibbons, 1991). Fifteen biotechnology drugs valued at $1.2 billion (Thayer, 1991a) are on the market, and more than 100 are in various stages of testing (Edington, 1992). Many diagnostic tests are also in use or development (Demain, 1983, Anon., 1992). Large scale efforts to produce or transform important chemicals are also underway (Ng et al., 1983, Hinman, 1991), and research into geologic uses of biotechnology has begun. Much has been published about microbial mining, oil recovery, desulfurization, bioremediation, and other geologic aspects of biotechnology, but this chapter is the first attempt to explore interactions of biotechnology and industrial minerals. This chapter examines uses of minerals in biotechnology; how biotechnology can be used to discover, recover, and beneficiate industrial minerals; and speculates on some potential, but as yet untried uses. Definitions What exactly does the word biotechnology mean? Bud (1989) states that the first use of the term was by Karl Ereky in 1919 to cover the interaction of biology and technology, and in 1933 the term was used in Nature. After citing seven different definitions, Smith (1988) concludes that biotechnology is a series of enabling technologies involving practical applications of organisms or their subcellular components to manufacturing and service industries or to environmental management. Walker and Cox (1988) suggest a definition of "the practical applications of biological systems to the manufacturing and service industries and to the management of the environment." Primrose (1991) says that it is "the commercial exploitation of living organisms or their components." There is essentially an older broad use of the term and a new use. The US Office of Technology Assessment (Anon., 1984) uses a broad definition that includes any technique that uses living organisms (or parts of organisms) to make or modify products, to improve plants or animals, or to develop micro-organisms for specific uses. Definitions are different, but they all have several fundamental elements that include the control, management, or manipulation of living things for commercial, industrial, or useful ends. While such a definition encompasses all of agriculture in practice the "new" biotechnology is restricted to processes involving microorganisms-plant and animal cells, or enzymes. Many consider biotechnology to be recent, but it is one of our oldest technologies as evidenced by the prehistoric origin of brewing, cheese-making, and other techniques. [Table 1] gives some of the important developments in the history of biotechnology. Smith (1988) breaks down historical developments of biotechnology into four phases: 1) prehistoric with no understanding of underlying processes; 2) nonsterile processes; 3) sterile processes after 1940; and 4) genetic and recombinant DNA technology deliberate design of special organisms or processes.

Jan 1, 1994

By Robert G. Lundguist

REAM is a unique and promising method of rock breaking using high energy, inert projectiles to impart mechanical energy to the rock. This paper describes a demonstration of the application of this new technology to two specific problems in open pit mining: secondary breakage and the scaling of loose material from pit walls. Under previous government contracts, Physics International Company developed the projectile impact method for a large variety of commercial and military rock excavation tasks. A 4 meter (13 foot) diameter by 16.8 meters (55 foot) long tunnel was driven at the Hope Valley Mine in the Sierra Nevada mountains of California in 1972 and 1973. An average of 1100 kg (1 ¼ tons) of a 172 MN/m2 (25,000-psi) granodiorite formation was broken by each of 590 shots used to drive the tunnel.l Based on these results it is estimated that REAM can drive over 60 meters (200 feet) of tunnel per day at about 88 percent of the cost of drilling and blasting. In addition, repeated axial impact by high energy projectiles was used to drill a 0.4 meter (16 inch) diameter horizontal hole in the same granodiorite formation. Each shot advanced the hole an average of 0.2 meter (8 inches).

Jan 1, 1976

By Ludovico Sebastiao Costa, Luis Albano Tondo, Bonzi Yokomizo Santos, Nelson Roberto Garcia Munhoz

This paper focus on the productivity, cost efficiency and training programmes that have enable RPM to rank as a world class operation in production efficiency and safety achievements. The first step was to commit all senior managers to implementing the NOSA Industrial Safety System based on Management by Objectives. This focused the workforce in a specific, results-driven direction which greatly promoted subsequent performance improvements. The early operations concentrated on increasing throughput via process simplification and removal of bottlenecks. Efforts were simultaneously directed to environment, health and safety as a means to improving the quality of operations. In the last two years, improvements in mining and in-tailings dam management have further improved the cost competitiveness of RPM such as to assure its future in treating the remaining CTBl ore reserves. Promissing progress is being made in developing a viable process to exploit a remaining large resource of B2 mineralisation.

Jan 1, 1993