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By Paul E. Dorr, Kenneth P. Pavlich

This paper covers the practical aspects of economic analysis of mineral ventures and the application of a publicly available computer program. The paper touches briefly on the time value of money concepts and the phases of project evaluation. The most comprehensive port ion of the paper deal s with the requirements for economic evaluation, including capital expenditure categories, operating expenses, required geological and engineering data, and tax considerations. Highlights of the 1981 and 1982 tax laws are covered. A case study using the MINECO computer program will be used to illustrate the economic evaluation concepts developed. Guidelines and goals of sensitivity analysis and Monte Carlo simulation will be discussed and demonstrated on the MINECO example. The MINECO software system will be displayed as an example of a "user-friendly", interactive, and flexible computer tool available to the mining professional today.

Jan 1, 1983

By L. A. Roe

Magnetic separation occupies an attractive position in the field of ore beneficiation. It is a simple yet effective method, used for some 150 years and steadily growing more important. This type of beneficiation orginated in 1792, when William Fullarton was issued a British patent covering the separation of iron ore by magnetic attraction. What is magnetism, and why are some materials capable of being magnetized and others not? The study involves many unknowns, and even a partial answer to these questions would be a dissertation in solid state physics and perhaps other fields of science. But the last two decades have revealed basic facts as to why certain materials are magnetic and what happens to them when they are magnetized.

Jan 12, 1958

By E. D. Peters

The Sudbury ore-deposits possess a peculiar interest for a variety of reasons. In the first place, they are deep within the borders of the Huronian rocks, and are consequently amongst the oldest deposits that we know of, unless, indeed, the ores were deposited at a much later period than the country rock. Again, they carry nickel in unusual proportions, and lastly, they are unique in containing a small amount of platinum, although arsenic is not present. I shall not pretend to go into the geology of this region. The Huronian and Laurentian rocks are familiar to all American geologists, and these present only the usual series of gneiss, graywacke, quartzites, greenstones, clay-slates, etc., characteristic of this gigantic system of rocks, which has excited so much discussion of late years. As in all parts of Canada where it occurs, I believe, the rocks of this system are tilted to such an extraordinary degree that it may be said that the whole country is standing on edge at an angle of something like 70°. The general strike of these rocks is southwest

Jan 1, 1890

By R. U. Jackson

Belt conveying is a method of transportation that requires proper servicing and maintenance if completely economical results are to be obtained from the system. With a trucking system, it is common practice to deliver the trucks to a servicing station each day or at the end of each shift. With railroad transportation there is a similar procedure. Sufficient credit is seldom given to this periodic inspection and maintenance procedure, yet it is the key to the successful operation of trucking and rail haulage systems. How about the belt conveyor transportation system? Here is a system that requires no operator for each individual unit. It requires only a main switch and an adequate sequence interlocking system, and the system is so simple to operate that maintenance is considered as only a casual requirement-nothing is done about it until after trouble has developed.

Jan 1, 1956

By Robert Berggren

THE hot-milling process for reconditioning rock-drill bits is not new. It has been employed by a few mines for years and in the past decade it has been widely adopted, as its advantages have become better known. Because of the extensive commercial development in England and Canada of machines to operate on this principle, general acceptance has been largely in the British possessions and until recently has been chiefly in the field of conventional steel. In the past two years there has been a definite trend toward hot-milling of detachable bits in Canada, t but only in the past year has any considerable attempt been made to build special machines for this type of work. Generally a machine designed for con-ventional steel has been used and special holders employed to manipulate the bit. As early as 1934 at least one operator in the United States had adapted hot-milling to conventional steel with a substantial saving in resharpening costs. Several other operators have taken it up but there has been no widespread adoption of the method in this country by users of conventional steel. This may be partly explained by the fact that until recently no American manufacturer produced this equipment and operators have been obliged to build their own hot-millers or import them. Several years ago a few machines were built in Seattle, Wash-ington, and operated in some mines in the northwest, but, for reasons not generally known, the effort was abandoned.

Jan 1, 1940

By Miles L. Silberman, Edwin H. McKee, John H. Stewart

Three, major suites of igneous rocks were erupted in the Great Basin in middle and late Cenozoic time. The first resulted in eruption of andesitic rocks in the northern Great Basin between 42 and 34 m.y. ago. Between 34 and 17 m.y. ago this igneous activity migrated to the southwest, ending about 17 m.y. ago with the onset of crustal extension and north-south- trending Basin and Range (rift) faulting. The second volcanic suite erupted between 17 and 8 m.y. ago in the northern Great Basin. The third volcanic suite consists of andesitic and rhyolitic lavas and some basalt erupted between 22 to 7 m.y. ago in the western Great Basin along the northwest transcurrent Walker Lane fault zone. Hydrothermal ore deposits are associated with all suites of igneous rocks.

Jan 1, 1977

By R. E. Ford, P. Tarassoff, P. H. Jennings

Copper oxide ore may be leached at all sizes from run-of-mine down to pulp, and consideration must be given to all available methods in determining the most economical one. Heap leaching was evaluated in a pilot plant at Gaspe Copper Mines, Ltd. which was designed to simultaneously leach two 1200-ton dumps of ore. The plant was operated for two years, in part under severe winter conditions. Two modes of leaching were investigated: acid leaching in which sulfuric acid was added externally to the leach solution, and pyritic leaching in which pyrite concentrate was added to the dump and acid was generated in situ by bacterial action. The pilot plant operation is described, and the results are compared with laboratory data obtained in 6-in.-diam columns. It is concluded that pyritic leaching offers certain operating advantages over acid leaching when copper is recovered by cementation in that iron buildup in the solution is prevented.

Jan 1, 1974

By Warren Blauvelt

IN VIEW of the enormous wastes of natural resources, of labor and of capital, due primarily to the economic environment, established by legislation, the general neglect of this phase of the problem of the elimination of waste is difficult to understand. In such a study, the engineering method of attacking a problem should be employed. The engineer does not try to solve his problem by disregarding natural laws, but by utilizing them. The successful engineer establishes an environ-ment in which forces, acting in harmony with natural laws upon an object or objects, will produce the desired results. The engineer who notices that the water level in a vessel, into which a gallon of water per minute is flowing, is two feet higher than the level in an adjacent vessel, connected therewith by a 6-in. pipe, does not assume that the law of gravity has ceased to work, or that water no longer seeks its level; he examines the connecting pipe for obstacles which prevent the free flow of water. Some editors, many reformers and most politicians tell us that the law of supply and demand no longer works; hence governmental control of commerce is necessary. Governmental control may temporarily-that is, until trial proves its futility- "insure domestic tranquility" and "promote the general welfare;" but it cannot "secure the blessings of liberty" which it cur-tails, nor can it "establish justice" which it violates.

Jan 9, 1922

By George C. Toland

In 1950 the phosphate fertilizer market warranted the design and construction of a new fertilizer plant by Cominco at Kimberley, B.C. The initial rated capacity of the plant was 70,000 tons per year of high- grade ammonium phosphate. The plant was placed on-stream in 1953. One of the major problems in operating the fertilizer plant was the disposal of the gypsum tailings slurry which was a by-product of phosphoric acid manufacture. The original weight of dry tailings produced by the mill was 500 tons per day. This quantity increased over the years until a projected 2200 tpd was selected for the pond design described in this paper. The original gypsum tailing area was located south of the fertilizer plant and adjacent to the St. Mary's River. By 1965 the original disposal area had proven inadequate and Cominco's engineering staff had selected a 500 acre disposal site to the east of the plant.

Jan 1, 1971

NEW MEMBERS The following list comprises the names of those persons who because members during the period Jan. 10, 1916 to Feb. 10, 1916. ATWATER, MAXWELL WANTON, Min. Engr Box 156, Basin, Mont. BARKDOLL, IVAN HARRY, Supt. of Mines, Old Dominion Copper Mill. & Smelt. Co., Globe, Ariz. BEAUDRY, WILLIAM A., Managing Director ....Stewart Mining Co., Kellogg, Ida. BRIGGS, CHARLES H Mill Supt., Admiralty Zinc Co., Miami, Ariz. CHURCH, L. C., Min. Engr Joplin, Mo. DAVIS, LLOYD J., Sales Engr; Ingersoll-Rand Drill Co., Joplin, Mo. DAVIS, SIDNEY H., Mgr Century Zinc Co., Joplin, Mo. DUGAN, J. H., Engr. and Contractor 65 N. Vine St., Hazleton, Pa. ELLIS, HUBERT INGERSOLL, Min. Engr., Bunker Hill & Sullivan MILL & Cons. Co., Kellogg, id..

Jan 3, 1916

By B. J. Steblay

Roof bolts are the primary means of supplemental support in coal mines and are widely used in other mines. Presently, post installation loads are measured infrequently on only about 10% of the bolts by using standard torque wrenches that limit accuracy to about ± 30%. Because mine roof bolts are long, slender, non-uniformly sized, roughly forged, placed in a difficult environment, and subject to severe bending on installation, researchers have been unable to use ultrasonic reflection techniques to measure strain. A complete measurement system has now been assembled by the US Bureau of Mines, Denver Research Center. Obstacles such as bolt preparation, transducer mounting, reliable reflection, and calibration have been dealt with. The seemingly simple concept of measuring the time of flight of an ultrasonic pulse to a reflector is actually complex due to the need to measure to 0.0025 mm (0.0001 in.) accuracy, the sensitivity of velocity to temperature, and stress, and the stability required to make measurements over several years.

Jan 1, 1986

By Charles A. Ashburner

[The statistics contained in this paper were collected for the United States Geological Survey and communicated to the Institute, by permission, prior to their publication in the report on the Mineral Statistics of the United States for 1887.1 The total coal-production of Alabama in 1887 was about 1,950,000 short tons, the spot-value of which, at the mines, was $2,535,000. The coal-regions of the State lie in the extreme southern part of the Appalachian coal-field, the northern part of which lies along the western New York-Pennsylvania State line; between these limits, New York on the north and Alabama on the south, portions of the

Jan 1, 1889

By W. C. Winegard, C. J. Simpson

BNINGESSNER et al.1 have shown that the solidification substructure in dilute cadmium alloys persisted after repeated deformation, recrystallization, and annealing treatments. On the basis of this and similar evidence, Whelan has suggested in a recent publication' that the solidification structure might affect the mobility of grain boundaries even after primary re-crystallization. This suggestion is important, since the technique used by previous investigators3-5 to fabricate grain growth specimens consisted only of casting, deforming, and recrystallizing prior to the grain growth anneal. Usually no attempt was made to homogenize samples with prolonged annealing. Experiments. To test the Whelan hypothesis, grain growth experiments were performed with samples in which the degree of solute segregation was altered by controlling the solidification rate of the alloys. The initial experiments were performed on the Pb-Ag system. Alloys containing 0.01 at. pct Ag were produced from 99.9999 pct Pb and 99.999 pct Ag. Cylindrical samples, 40 cm long and 12 mm in diam, were solidified in graphite-coated Vycor tubes by lowering them through a vertical furnace at varying rates with the furnace power settings constant. Six-centimeter sections were discarded from each end, and the 28-cm section from the center was cut into sections 25 mm long for grain growth experiments. These samples were deformed with the aid of a drophammer to a uniform thickness of 5.7 mm. After almost instantaneous recrystallization, the samples were given a grain growth anneal for various times at 260°C in a salt bath. Experimental results are shown

Jan 1, 1970

By D. R. Spink, D. N. Okuhara

Two reagents have been proposed for the commercial extraction of copper from leach liquors, namely LIX64N produced by General Mills Chemicals, Inc. and Kelex 120 produced by Ashland Chemical Company. Each of these reagents consists of an active extractant and an additive. In the LIX system, the additive improves the kinetics of the extraction reaction whereas for the Kelex system, the additive acts primarily as a third phase inhibitor. Equilibrium and kinetic studies have been conducted with both systems. In general, the Kelex system effectively extracts copper at a lower pH than LIX64N; furthermore, the rate of extraction with Kelex is considerably faster than with LIX which indicates that systems employing the Kelex extractants might also be able to employ agitated columns rather, than mixer- settlers which are absolutely necessary for effective extraction with the LIX reagents.

Jan 1, 1973

By H. A. Schlesinger

Various studies have estimated that for the next few decades, about half of all new power plants will be nuclear. The other half will be fueled with coal. Pending legislation on air pollution control would require all new coal-fueled power plants to install stack gas scrubbers or other technology to reduce sulfur oxide (SO,) emissions. These regulations would require flue gas desulfurization (FGD) or other technology for SO, reduction even on lower sulfur western coals. Among the options for FGD are single or dual alkali throw away processes using lime or limestone as the major reagent. These processes are currently more economically attractive than recovery processes, such as magnesium oxide and Wellman- Lord, that produce a salable product such as sulfur or sulfuric acid. One of the major problem areas with the throw away processes is disposal of the thrown away solid wastes, primarily calcium sulfite (CaSO3) and calcium sulfate (CaS04). Coal ash also must be disposed of, even if SOx reduction is not required. This paper addresses the alternatives for handling and disposal of throw away lime, limestone, and dual alkali process solid wastes. Advantages, disadvantages, and the economics of various methods are discussed. Both large central station power plants (500-1000 MW capacity) and smaller industrial power plants (up to 100 MW capacity) are considered. High sulfur eastern coals (53% S) and lower sulfur (3 1% S) western coals are considered.

Jan 1, 1981

New Members The following list comprises the names of those persons who became members during the period June 10, 1916, to July 10, 1916: ADAMS, WILLIAM S., Filtration Engr., Anaconda Copper Min. Co., 701 Cherry, Anaconda, Mont. ALLEY, JAMES E., Shift-boss.. .......... Belmont Milling Co., Tonopah, Nev. BADGLEY, CHARLES WELLING, Research Chemist, El Paso Smelting Works, El Paso. Tex. BALLENBERG, ADOLB G., Engr., porcupine Exploration Co., Ontonagon Co., Mich. BARKER, RALPH FEINER, Met.. ................ Garfield Smelt. Co., Garfield, Utah. BLOSSOM, EDWARD LUDLAM, Staff of Research Corpn., 63 Wall St., New York, N. Y. BROUGHTON, EUGENE HARDING, Experimental Engr., Copper Queen Cons. Min. Co., . - -. -- - Bisbee, Ariz. BURFORD, SAMUEL W., Genl. Mgr., Cleveland Mining Co., 223 West Third St., Joplin, Mo.

Jan 8, 1916

By E. T. Hunter

Surrounded by the 13,000-ft high peaks of the San Juan Mountains in southwestern Colo., the town of Silverton is the site of the extensive development operations initiated 20 months ago by Standard Metals Corp. Appropriately termed the Silverton Project, Standard's operation has now passed the half-way point in its program to reopen two mines that were once sizeable producers of copper, lead, and zinc ores.

Jan 1, 1961

By J. R. Hunter

Current trends in mining practices within the United Kingdom, with particular reference to longwall retreating systems in thick and steeply pitched coal seams at depth, are explained. Various successful mining layouts are considered with their associated machinery and operation, together with the future trends in mining practices to obtain higher outputs. Environmental difficulties are tabled and discussed, including strata control, methane emmision, and dust prevention, together with some modified systems and techniques to overcome them. The problems associated with developing and maintaining a continuance of longwall panels are outlined. The constraints on technical designs and output achievement imposed by noncommercial factors are also considered.

Jan 1, 1978

By George M. Fowler, R. E. Illidge

Part I. Developing BY GEORGE M. FOWL INTRODUCTION The Tri-State district comprises an area of about 2000 square miles in southwestern Missouri, southeastern Kansas, and north [ ] eastern Oklahoma. The part that is in and contiguous to Missouri is still sometimes designated as the Joplin district (Fig. I). EARLY OPERATIONS Mining operations in what is now the Tri-State district date from about 1848 and have been continuous to the present. Apparently the first discoveries of ore were made about the same time near the present sites of Joplin, Oronogo, and Granby. Lead minerals were found at grass roots, probably in shattered rock in shallow excavations, then these minerals were followed in shear zones to deeper horizons. The mining of zinc followed. Before 1874, zinc ore was worthless and discarded as waste. According to published records, the total production of lead to that date was 49,000 tons of metal from 70,000 tons of concentrates. PRODUCTION The aggregate ore production from the Tri-State district was recorded at interval

Jan 1, 1943

By E. De Golyer

The only known direct method of discovering oil deposits is by the drilling of test wells. Such exploration is always hazardous and generally very costly. The problem of the prospector, therefore, is one of selecting test sites that are favorably located and so to reduce the odds against his venture. Early in the history of the oil industry, it was realized that oil and gas deposits, other conditions being favor- able, were usually found in anticlinal types of structure. This very understandable and rational habit of occurrence furnished the first substantial clue to the prospector. Oil occurs in sedimentary rocks, and beds of such rocks are deposited originally in parallel planes. An anticline at the surface, therefore, could be accepted as an indication of an anticline in lower beds. Structural geology became the tool of the prospector, and by its use in the past two decades, the majority of the known important oil deposits of the world have been discovered. This is but an incomplete, and the simplest, statement of the problem. Nine-tenths and more of the important oil pools of the world belong to the great class of accumulations controlled by structural traps- anticlines, faulted structures, salt domes, etc.-but by

Jan 1, 1932