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There is no good news! The market environment for raising capital for resource projects is getting tougher. The regulatory and accounting environment is fast becoming more difficult and the hurdles to successfully raising debt, lease, equity or hybrid finance are now considerably higher. As ever, well structured companies and capital issues can and will survive, if not thrive. An outline of the market and regulatory environment for successful issues is set out below, followed by some comparison of stockmarket values of resource assets compared to more technical appraisals.

Jan 1, 1990

By David D. Rabb

Leaching or solution mining, a relatively simple and economical process for beneficiating metallic ores, is likely to find increasing application in the treatment of low-grade ores that are impractical to mine by any other means. This process may be carried out in two different ways: 1. Dump leaching, where the ore is moved from its original location to be leached at another site. 2. In situ leaching, where the ore is leached in place by introducing the leach solution at the top, letting it flow down through the ore under gravity, and then recovering it plus the dissolved metals it contains.

Jan 1, 1969

By Paul W. Weiblen, Louis J. Cabri, Rolando Lastra

"Preliminary tests were done to determine whether comminution by electric-pulse disaggregation, or E-PD (cf. Rudashevsky et al; 1995), was more effective than using conventional crushing for Merensky Reef ore. A hand sample of the Merensky Reef was sawn in two: then one sub-sample was comminuted to .2 mm using E-PD at the University of Minnesota, and the other sub-sample was crushed to .2 mm using a conventional jaw crusher at CANMET.The products of the electric-pulse disaggregation and jaw crusher were fractionated by sieving and by a separation using a heavy liquid with a specific gravity of 3.3, because the proportion of platinum-group minerals (PGM) and sulphides to silicate minerals is very low. Thus, four mineral separates were produced: .2000 + 833 µm, -833 +208 µm, -208-µm float and -208-µm sink. All the mineral separates were studied by image analysis (Lastra et al; 1998). The main objective was to determine the liberation of gangue (silicate minerals), chromite, pyrrhotite, chalcopyrite, pentlandite and PGM. In the case of the PGM, a specific image analysis program was written to search and measure these minerals.The results show that the liberation obtained for gangue was similar (~99%) using either method of comminution. However, the liberation obtained for chromite (~89% vs. ~38%), pentlandite (~50% vs. 1%), pyrrhotite (~56% vs. ~38%), and PGM (~56% vs. ~1%) by E-PD was higher than that obtained by conventional jaw crusher, whereas the liberation obtained for chalcopyrite (~20% vs. ~71%) by E-PD was lower. Nevertheless, the image analysis of the products also showed that the PGM are strongly associated with pentlandite. Thus, for the Merensky Reef, liberation of pentlandite from the gangue minerals and chromite is important to recover more of the PGM. This maybe be significant because, in addition to increased recovery of platinum-group minerals (PGM), Merensky Reef pentlandite also contains significant quantities of valuable platinum-group elements like Pd and Rh (Cabri, 1981; Cabri 1988, Kinloch 1982, Peyerl 1983). Hence, the results indicate that for the Merensky Reef, electric-pulse disaggregation would represent a better comminution operation than a conventional jaw crusher would. In addition, the greatly improved liberation for chromite may find application for the PGM-rich UG2 chromitite."

Jan 1, 2003

By Baochun Wang, Hongli Jia, Zhaolian Wang, Fengliang Liu

"Promote and apply a new beneficiation technology and equipment effectively processing the refractory and medium-fine grained weak-magnetic minerals. HUATE® Forced-oil Cooling Vertical Ring WHIMS adopts the transformer oil cooling technology to cool excitation coils, solving the easily generated scaling problem resulting from water cooling, thereby to eliminate the demineralized water system. With <25 temperature ?raise, its magnetic field is stable. Wrapped by outer magnetic armor, it can generate a background intensity 1360kA/m. It effects very well in 1) wet preseparating the weak-magnetic coarse grains, like hematite, manganese ore, ilmenite, and purifying the concentrate; 2) removing the ferrous impurities and purifying the non-metallic minerals, like quartz, feldspar, kaolin; 3) enriching and recovering tailings from non-ferrous metals, like copper, lead, cobalt, molybdenum, thereby to greatly improve the mine resource utilization. It has applied 14 relative patents in China, and the invention patent in 56 countries, like Russia, USA, Australia, via PCT international organization. HUATE® WHIMS has been applied and accepted in more than 100 mines in and out of China. Compared with water cooling vertical ring WHIMS, it’s energy-saving and water-saving, and avoiding generating the scale. While compared with JONES WHIMS under the same separation indexes, it’s featured of more space-effective, lighter, lower costs, higher gradient, higher efficiency, larger processing capacity and wider grain application scope. Greatly promoting development of mineral processing technologies, HUATE® WHIMS is the equipment to reduce costs and improve efficiency urgently needed by the mine enterprises now.INTRODUCTIONAt present, influenced by the price and production factors, the international market demand for the grade of iron ores is increasing continuously. Restricted by the ore occurrence state, the beneficiation technology level and product economic value, every year the stope strips the stockpiling and discards hundreds of millions of tons of waste rocks containing iron, especially the weak magnetic hematite and limonite with <20% Fe%. The utilization technological bottleneck of these waste rocks makes their concentration ratio as high as 5-6, which leads to the huge wastes of energy, materials and beneficiation reagents and the increase of production costs. The effective solution is to improve the selected Fe% of the waste rocks like hematite. With the successful application of HPGR technologies in Chinese large iron mines, the mill feeding size has been reduced to 6-0 mm or 3-0 mm from the original 15-0 mm in the crushing system with 3 stages of crushing and 1 stage of closed circuit. This creates the conditions for the wet separation and recovery. While for the medium-fine grained weak-magnetic minerals, it lacks of the effective separation and recovery equipment in the world, which’s badly in need of R&D of the medium-fine grained high gradient wet strong magnetic preseparation equipment."

Jan 1, 2016

By Douglas Brittsan

This paper presents pile tension and compression load test results for the Southern Freeway Viaduct (North) pile load test site. The testing program represents a collaboration between California Department of Transportation (Caltrans), Federal Highways Administration (FHWA), and a group of pile manufacturers and construction firms. The participating manufacturers included Fundex, Halliburton, Monotube, and Nicholson, with each firm supplying proprietary pile systems. The field test program measured and will allow the direct comparison of the tensile and compressive capacity of nine common and proprietary pile systems installed in nearly identical soil conditions. Data reported here-in details pile compression and tensile load-deformation measured at the pile head. Cursory data regarding pile installation details are included to aid in data interpretation.

Jan 1, 1993

By R. D. Williams

In spite of the increasingly polarized and politicized view of climate science and climate change in the United States, many of the principles behind the ?theory? of Anthropogenic Global Warming (AGW) or Global Climate Change (GCC) are in fact firmly established both in fundamental physics and detailed observations and are widely accepted elsewhere. The discovery of the earth?s ?greenhouse effect? dates back nearly 200 years to the work of French mathematician and physicist Joseph Fourier in 1824 and 1827. In 1872, John Tyndall an English physicist and mountaineer, described the capacity of various gasses to absorb radiant heat. He identified water vapor and carbon dioxide as the principal ?greenhouse? gasses. The work of Fourier and Tyndall was the foundation for the theory that increasing carbon dioxide (CO2) in the atmosphere might be responsible for an increase in global temperatures developed by the brilliant Swedish chemist Svante August Arrhenius in 1896. This was backed up by the additional work of Gilbert Callendar in the 1930s, and Gilbert Plass, Hans Suess and Roger Revelle in the 1950s. There is little scientific dispute about the physics by which this occurs: carbon dioxide in the atmosphere absorbs long wave radiation that would otherwise escape into space, thus warming the lower atmosphere and respective temperatures worldwide. The Intergovernmental Panel on Climate Change (IPCC), approximately 2500 climate scientists from around the world, has concluded that increases in carbon dioxide resulting principally from the burning of fossil fuels are responsible for most of the continuing increases in global temperatures (IPCC, 2007). NASA?s Goddard Institute for Space Studies (GISS) states; ?The ten warmest years all occur within the 12-year period 1997-2008? (GISS, 2009). 2009 was the second warmest year on record and 2010 was tied with 2005 for the warmest year on record (GISS, 2010, 2011). The science is in fact settled; the earth has not cooled since 1998 as some have claimed. It continues to warm as evidenced by not only surface temperature records but also ocean temperature records as well as changes in physical and biological systems (IPCC, 2007).

Feb 27, 2013

By Oliver Bowles

"Conservation of slateWaste slate is a problem of outstanding importance in the slate industry, for a very large proportion of all slate quarried is thrown on the waste heap. While many uses for waste slate have been found, the demand calls for merely a fraction of the present supply of unused material. If the slate industry is to increase in prosperity, the producer's energy must be directed toward the development of ways and means of reducing waste to the lowest possible point. The Bureau of Mines of the Department of the Interior has devoted much study to this problem and a recent bulletin ** contains a detailed discussion of the waste problem.Attention has recently been directed toward an improved method of cutting slate in quarries, a method that promises to reduce greatly the percentage of waste material. The method has been introduced since that bulletin was published, and this supplementary paper covers the details of the process.A reversion in method,In connection with this new mode of operation history is repeating itself in a very interesting way, for the old quarry bar used years ago with steam drills, and later discarded in favor of the channeling machine .and the hammer drill, has been salvaged from the scrap heap, and again put to active use. The occasion for its employment is an attempt to improve quarry methods by the substitution of drilling for channeling or blasting."

Oct 1, 1923

By M. Schafer

The 6-m- (20-ft-) diameter cast-in-place tunnel lining for Phase 3 of the Mill Creek Tunnel (MCT3) has been completed. This article summarizes aspects of liner design and ad-dresses the construction approach in placing the liner in areas of tunnel that experienced crown overbreak. Tunnel lining production rates, installation procedures and form buoyancies experienced during concrete placement will also be presented. The Mill Creek Phase 3 tunnel (MCT-3) is expected to be completed this year. It is one of the largest tunneling projects undertaken by the Northeast Ohio Regional Sewer District (NEORSD) to date. The tunnel horizon is situated within the Devonian Chagrin Shale rock formation at an average depth of 85 m (280 ft). The tunnel was excavated using a two-pass method. A full face, fully shielded, Robbins 7.2-m- (23.8-ft-) diameter tunnel boring machine (TBM) was used to excavate approximately 4,500 m (15,000 ft) of tunnel and facilitate installation of initial supports (first pass). The final lining (second pass) consists of 305-mm- (12-in.-) thick cast-in-place reinforced concrete and integral low flow channel. Seven shafts were constructed on the project. The excavation of the tunnel commenced at Shaft 14 and proceeded down grade to Shaft 9, the terminus shaft. Because of the presence of overbreak in the tunnel crown, measures were required to support the form and counteract the effects of buoyancy during concrete placement.

Jan 1, 2008

By S. Angioletti

This paper addresses strategic investment decisions when they are nested in a project development format where each project is implemented in phases and each phase is approved to move on to the next phase only if certain technical and economic requirements are met. This configuration is sometimes referred to as a ?Project Portfolio?. Mining companies maintain project portfolios in their exploration investment plan. This study proposes a procedure to best manage an exploration project portfolio including technical and economic uncertainties. The procedure may support decision makers in a simple and intuitive way, while maintaining the rigor and precision required by the rather large amount of financial resources typically called for by mining projects. The procedure was tested in a real case study of a gold mining company and its exploration projects portfolio. The procedure uses the following approaches: i) investment valuation methods under technical and market uncertainties based on Option Pricing Model, Real Option Theory and Option Space; ii) portfolio management and Stage Gate®1 method; iii) Monte Carlo simulation.

Jan 1, 2010

By B. K. Shibler, K. C. Vincent, W. W. Agey

"INTRODUCTION As a part of the investigation of domestic manganese deposits, examining engineers of the Bureau of Mines collected samples of ore from three from three properties in the general vicinity of Tracy, Calif.The Buckeye mine is 23 miles of Tracy, just inside the northeast boundary of Stanislaus County. The mine is owned by K.O. Winship estate of San Francisco and is leased by Verner Allen, also of San Francisco.The ore is principally manganese carbonate occurring in interbedded layers in white chert, with the original,carbonate mineral altered in place. Four samples, representing four types of ore, were submitted, as follows: A, black oxide; B, pink carbonate; C, gray carbonate.The Wilfred Murphy property (also known as the Murmac claims) is approximately 30 airline miles south of Tracy. The property can be reached by road from either Livermore or Patterson and is on the divide separating Santa Clara and Stanislaua Counties Calif. The ore occurs in lenses along a white-chert formation. A 2-ton sample of ore for testing was taken from a dump accumulated from assessment and development work. The Ladd mine, 13 miles from Tracy in San Joaquin County is owned by Pat J. Connolly of Tracy and is leased by Mack C. Lake of San Francisco. The ore is essentially a chert impregnated with manganese oxides and the association is therefore exceedingly intimate and complex. Samples from each of the three adit levels of the mine were submitted for ore-dressing study.As the samples differed widely in physical character and response to ore-dressing methods of treatment, beneficiation of ores from each property was considered as a separate problem. Hence results of the investigations will be prescribed in separate sections of this report."

Nov 1, 1947

By Alphonce Wikedzi, Mussa D. Budeba, Samwel V. Manyele, Sospeter P. Maganga

The present study provides an overview of the challenges and opportunities in processing complex gold-copper ores. The systematic literature review was conducted using Scopus database and seven-step methodological approach. The study indicates that the major challenges in processing complex gold-copper ores through the conventional cyanidation method include (1) increase in cyanide consumption; (2) increase in cyanide destruction cost; (3) low gold recovery; (4) decrease in adsorption efficiency; (5) decrease in electrowinning efficiency, and (6) difficulties in the measurement of free cyanide concentration in the leaching system. Moreover, the study indicates that several methods have been developed and some have been implemented in the mining industry for processing complex gold-copper ores. This includes ore segregation, pre-aeration, pre-treatment methods (e.g., ammonia), alternative lixiviants (e.g., thiosulfate, thiocyanate, glycine), cyanide destruction methods, and cyanide and copper recovery technologies. The study concluded that using lixiviant mixtures (e.g., cyanide-glycine), pre-treatment with environmentally friendly reagents (e.g., glycine) and the integrated membrane-based process (SuCy process) are new directions in processing complex gold-copper ores. However, more investigations are required to advance these processes to a commercial scale.

Sep 30, 2023

By P C. J Blackney, I M. Glacken

Spotted Quoll is a massive sulfide nickel deposit located in the Forrestania greenstone belt in the Archaean Yilgarn block in Western Australia. Discovered in October 2007, mining has progressed from open pit to underground and currently uses longhole open stoping with paste fill as the primary stoping method. Immediately prior to 2019, the Mineral Resource estimate (MRE) was defined by a single grade domain of nickel greater than or equal to 0.8 per cent, irrespective of the host lithology, a legacy of the original ore wireframe being built using explicit methods. While a number of obvious structural offsets were honoured in this nickel grade domain, only one modelled fault was used to undertake domaining of arsenic. From 2019 onwards, implicit modelling in Leapfrog Geo™ was used to construct a mine-scale geological model, which triggered the definition of a high-grade core of massive/matrix nickel sulfides surrounded by a low-grade halo of stringer/disseminated nickel sulfides in the surrounding rock. As part of the evolution of the geological model and with the aid of Seequent Central™ to allow collaboration between site-based mine geologists, Perth-based resource geologists and Melbourne-based consultants, a detailed review of the structural mapping was carried out as additional information from underground development became available. This allowed numerous faults and shears to be identified – particularly in the lower half of the mine. These were used to define further structural domains and to refine the understanding of the nickel and arsenic grade distributions in the mineralised envelope. The increased definition to the domains provided by the geological model resulted in a significant improvement in the accuracy of the Mineral Resource estimate, as measured by reconciliation using voids of the mined stopes determined from the cavity monitoring survey (CMS).

Mar 22, 2022

By Richard H. Olson

Talc is currently mined in the U.S. in six major districts. The size and depth of the ore bodies and their mineralogy dictate the types of products manufactured and the mining and processing methods which must be employed. The geology of the major deposits is well known and will be but briefly discussed The major emphasis will be placed upon the past history of the districts, the size and depth and configurations of the ore bodies, the ore mineralogy, and how all of these factors govern the types of mining and processing operations which may be employed in each of the districts.

Jan 1, 1984

By Ishwinder Grewal, Michael Fullam

Many factors affect the overall performance of a gravity circuit beyond that of the primary gravity recovery device. It is critical to examine the gravity circuit in its entirety in order to determine the dominant operating variables that affect overall performance. Knelson has developed a mathematical model which has been used to assist in the design of gravity circuits, and in particular, in making accurate predictions of plant scale gravity recovery. More recently, inclusion of recovery by particle size class and additional data from various mine sites and research studies has made the model more robust. The model is now able to predict GRG (gravity-recoverable-gold) recoveries using various devices such as centrifugal concentrators, shaking tables, jigs and flash-flotation within the grinding circuit. The benefits derived by these recent advancements in modeling capability are two-fold; the first is as a tool to assist in circuit design and correct equipment selection and the second is as an analytical tool to help to evaluate and enhance the performance of existing gravity circuits.

Jan 1, 2006

By Brian Gettinger, Jim Schlaman, Alston Noronha

"INTRODUCTION The public understanding of green solutions today is based on the definition of sustainability adopted by the Brundtland Commission (World Commission on Environment and Development) in 1987: “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” Over time this initial definition evolved to identify three distinct factors impacting sustainability that are often referred to as the “Triple Bottom Line”: Economic, Environmental and Social. The triple bottom line approach seeks to drive outcomes that create maximum value for all stakeholders. In the last ten years purveyors of water and wastewater tunnel solutions have found themselves on the wrong side of a politically polarizing issue in the crosshairs of politicians, environmental activists and community groups branding tunnels as expensive, “gray” and not-sustainable. Tunnels under design were stopped and large planned tunnel programs were delayed or canceled. Therefore being sustainable and “green” is not simply using natural vegetation, but creating an asset that meets current and future needs and will not become a future liability. As this paper will discuss, tunnel projects embody a sustainable triple bottom line project well, are equally sustainable as green infrastructure, and have begun to gain awareness for their sustainability. GREEN INFRASTRUCTURE CHANGES TUNNELING LANDSCAPE The green movement quickly swept across the nation in the mid to late 2000’s and was a hot topic in the media and at all the local, regional and national industry conferences. Politicians espoused the benefit of green infrastructure including job creation, urban renewal, aesthetics, property values economics and sustainability. The political microscope was focused the closest on stormwater and wastewater management, particularly in communities responding to combined sewer overflow (CSO) consent decrees from the Environmental Protection Agency (EPA). As communities with CSO problems evaluated their long term control program (LTCP), local government officials and planners began to balk at the huge price tag required for compliance and began looking for alternatives. “Green” infrastructure was proposed as lower cost solution that could be used to offset capital-intensive “gray” infrastructure like new sewers, storage tanks, tunnels, and treatment facilities. In addition, including green infrastructure in a previously negotiated LTCP required a reset on the entire planning process, additional studies and more planning which would push capital investment further off into the future, subsequently delaying unpopular user rate increases. As a result, tunnel projects as well as trenched conveyance and treatment plant projects that had not yet started construction were stopped, delayed or substantially changed."

Jan 1, 2016

By M. Dupuis, V. Bojarevics

It is well known that horizontal current density in the metal pad contributes greatly to the generation of MHD driven bath-metal interface wave. It is possible to compute very accurately the metal pad current density using a very detailed finite element model [1], but a MHD model must be compatible to this level of mesh refinement and to recalculate the current distribution at each time step, including the full busbar supply system. The accuracy of the instability prediction of the cell depends on the accuracy of the metal pad current density calculation. This study presents the comparison of the metal pad current density calculation of the detailed finite element model and the MHD-Valdis model for different metal pad heights and ledge thickness. It also presents the corresponding cell MHD stability predictions.

Jan 1, 2006

By F. Robert Hollo

Programmable controllers have achieved remarkable acceptance over the relatively few years since their introduction. They provide some unique advantages over conventional relay and solid-state logic, which they often replace. Programmable controllers are discussed in both conceptual and functional terms, followed by an exploration of their applicability to material handling tasks with particular emphasis on conveyor systems.

Jan 1, 1973

By Greg S. Williams, Richard W. Givens

This paper examines the effect of prill size consistency, internal panicle density, and oil absorbency on Ammonium Nitrate Fuel Oil (ANFO)-emulsion blends. By analyzing these physical properties of prill and the nature of the blending process, a mathematical model has been developed to theoretically predict blend densities. Calculated densities can now be compared to actual field densities to give an operator a basis for comparing various manufacturers’ emssions and Ammonium Nitrate (AN) during bid solicitation. The lowest priced emulsion and/or AN may not be the most economical, due to the impact of specific physical characteristics. These factors dictate the blending mechanics and resulting density yields for various mixes. The research was driven from observed ‘field’ mixing relationships and data. Ultimately, such a model can be an effective tool in evaluating blends from a cost and performance basis.

Jan 1, 1992

By D Giddings, S A. Silvester, S Pickerin

Underground fires represent a constant threat to the safety of underground personnel. Miners in the immediate vicinity may face intense heat, blinding smoke, toxic fumes, fall of ground and other direct effects of a fire. However, the vast majority of victims never actually see the fire, and are overcome either by deadly fumes in the ventilating current or by asphyxiation. The mine ventilation system, which maintains a sustainable atmosphere to the working places, can transport products of combustion with equal efficiency. Miners who are remotely situated from a fire may be forced to evacuate considerable distances, through dense smoke and fumes, or even become cut-off from escape. Additionally, miners may become confused by unfamiliar ventilation characteristics caused by fires. Conveyor belts are widely used for transporting minerals in mines as well as in many other industrial situations. Because they contain large amounts of polymeric materials their use in certain environments, especially coal mines, but also in steel works, power stations and other enclosed areas must be controlled to minimise the fire risk. Over last nine years there have been 60 fires in underground mines in the UK alone and that of these, half have been associated with conveyors. This paper summarises the results obtained from a recent research project that has developed a preliminary computational thermal and fluid dynamic model to represent the spread of flame along a typical conveyor belt used in UK deep coal mines. The results of these models have been calibrated against a series of experimental tests performed within a surface fire test gallery. An improved knowledge of the burn characteristics and rate of release of the products of combustion from conveyor belt fires will assist in the development of better fire detection and fire fighting techniques.

Jan 1, 2005

By A Rantala, K Aberkrom, O Haavisto, P Blanz

More complex ore bodies with lowering grades increase the challenges of maintaining high throughput, energy efficiency and required particle size for optimal downstream processing in grinding circuits. Continuous and often rapidly changing characteristics of the mill feed requires constant focus to operate the circuit at optimal level. Modern process instruments, on-line analyzers, monitoring and process control systems provide attractive and managed options to increase the circuits’ capability to respond to the challenge, often in phases and in rather short time period. Furthermore, well instrumented and performing base level automation in the grinding circuit enables advanced process control (APC) strategies that utilize measurements from the whole circuit to stabilize and optimize production. In this paper alternatives for incorporating process measurements and controls to typical grinding circuits are proposed. The expected benefits to throughput, availability, energy efficiency and particle size stability are described in recent case examples.CITATION:Rantala, A, Blanz, P, Aberkrom, K and Haavisto, O, 2015. Increasing grinding circuit robustness with advanced process control, in Proceedings MetPlant 2015, pp 129–141 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 7, 2015