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By Peter Keppler, Stephen D. Bundy

"Due diligence" is a review or audit of a facility or business to assess and quantify risks and operating status before an acquisition. Due diligence findings can be used to negotiate the price, general terms, and indemnification provisions in the purchase and sales agreement. In addition to assessing out- standing liabilities, necessary capital improvements, and the adequacy of operating budgets, due diligence should include "nontechnical" considerations, such as local community acceptance and relations, and the effect on the company's public image and operations. This paper will discuss how these considerations can be addressed in the due diligence process and factored into the transaction. Also, innovative means for risk reduction and risk transfer, during and after the transaction, will be discussed.

Jan 1, 2001

In 1996, O&K Orenstein and Koppel Inc. announced big plans to increase its presence in the US mining market. Even though the company, a part of Ger- man-based O&K Mining GmbH, has been in the United States for about 100 years, it has lived in relative anonymity. That despite being one of the largest makers of hydraulic mining shovels and excavators in the world. The plan must be working. In the 14 months through December 1996,O&K increased its sales to surface mines and quarries in the United States by 250'70, according Rolf Weber, company president. "In the next five years, we anticipate total revenue from our US operations will grow from the current $50 million to $200 million," he said. "Toward that end, we have concentrated our efforts on the supply of reliable, high-output machinery and responsive service after the sale."

Jan 1, 1997

By Park. D. W., Y. M. Jiang, L. A. Morley, W. Keeton

Underground room-and-pillar mining operations in the Warrior Coal Field in Alabama frequently suffer instability due to soft floors and thinly-laminated immediate roofs. This investigation concerns a mine that was experiencing ground-control problems with weak floor conditions. Several roof falls occurred locally, and as much as 0.6 m (2 ft) of floor heaves have been experienced. The paper presents the results of comprehensive analyses conducted on floor heave, roof sagging, pillar- penetration and floor bearing capacity using instrumentation and numerical modeling.

Jan 1, 1993

By P. Venkatsubramanian, D. R. Maneval

An insufficient hydrologic data base exists for most large and small coal basins in Alaska owing to the lack of need in the past to collect data. The runoff process is insufficiently understood which is complicated by specifically northern phenomenon, and the lack of understanding of hydrologic relationships in permafrost environment. This paper presents an understanding of the hydrologic effects of frozen ground and presents methods by which the influence of surface mining upon the hydrologic balance can be analyzed.

Jan 1, 1987

Health and safety issues are very important to the mining industry. Although the application of scientific research and current technology shields workers from many dangerous aspects of mining, accidents do happen. Many companies and institutions worldwide have committed to a continuous effort to minimize such occurrences. In this study, the health and safety data pertaining to the Greek mining and quarrying industry for the last three decades are presented and critically evaluated with respect to factors such as the number of workers and annual production. Appropriate indices are also calculated regarding the incidence and frequency of accidents. Health and safety issues specific to mining in Greece are also discussed.

Jan 1, 2002

By Mark E. Smith

Large scale copper heap leaching in Chile began in November 1980 when the Lo Aguirre heap leach project was put into operation. At almost the same time, El Indio gold mine began production. While El Indio was not a heap leach project, it was Chile's first major bulk tonnage, open-pit gold deposit. This paved the way for the introduction of North American gold heap leach technology in the early 1980s. Heap leaching has become more popular in Chile during the past five years because it allows the exploitation of large but relatively low grade ore bodies at a reasonable cost. Pioneering research in hydrometallurgy carried out at some Chilean universities and at the Centro de Investigaciones Minero Metalurgicas (CIMM) played an important role. There are more than 10 large copper heap leach and solvent extraction/ electrowinning (SX/EW) process plants in different stages of development in Chile. Total production from these facilities will eventually increase Chile's present copper exports about 50%.

Jan 1, 1995

By Patricia T. Foley

An analysis of the demand for copper shows a widely varying pattern of end use. For example, copper tube is the most popular material for hot water supply in the US and northern Europe, but galvanized steel is used in Japan and plastics are used in developing countries. In addition to such peculiarities of end use, the demand for copper varies among countries depending on the stage of industrialization and the extent that the copper processing industries are developed. Brazil, with its abundant supplies of bauxite and hydroelectric power, uses aluminun in place of copper wherever possible. South Korea, with its export oriented economy and its advanced custom smelting and fabricating industries, favors copper. Understanding the details of demand in different countries enhances statistical derived forecasts and illustrates potential new markets.

Jan 1, 1986

By L. Wade, D. R. Pearce

A detailed account is given of the spectral ratio laboratory method for the determination of seismic velocity and attenuation through rock cores under simulated in-situ stress conditions. An account of a computer program called AUTOQ is described for automatic processing of a complete set of laboratory results. Some of these results are shown and discussion is directed to- wards the suitability of in-situ velocity or attenuation measurements in determining rockmass condition or stress regime.

Jan 1, 1996

By J. S. Y. Wang, R. C. Trautz

To evaluate the potential for water seeping into an underground opening, a 9-m- (30-ft-) long drift was constructed in the unsaturated fractured tuff at Yucca Mountain. Forty seepage tests were performed by releasing finite volumes of water at a constant rate into short test intervals located in boreholes positioned above the drift. The seepage threshold flux, defined as the liquid-release flux at and below which water will not drip into the opening, was determined for 10 test intervals. The seepage data, observations and model results indicate that a seepage threshold exists because a capillary barrier diverts water around the opening.

Jan 1, 2002

By S. B. Bhagwat

Equipment capacities of a sample of Illinois surface coal mines representing about 60% of surface production in the state were studied. Available equipment capacity was compared with the required capacity, as indicated by coal production and stripping ratios reported. Most mines sampled showed surplus equipment capacity, which if avoided, would result in substantial cost savings. The surplus capacity results mostly from market fluctuations that result in underutilization of equipment. Study findings underline the importance of market assessment at the time of mine planning and of communication between marketing and engineering arms of a coal firm.

Jan 1, 1987

By Marietta Canty

Results are presented that were gathered during field-scale testing of an innovative technology, sulfate-reducing bacteria (SRB), designed to treat and control acid mine drainage (AMD). The project was performed under the Mine Waste Technology Program (MWTP), which is funded by the U.S. Environmental Protection Agency (EPA) and jointly administered by the EPA and the U.S. Department of Energy through an Interagency Agreement. The MWTP is implemented by MSE Technology Applications, Inc., located in Butte, Montana. A field-scale test is described in which the subsurface workings of an abandoned mine were used as an "in situ biological reactor."

Jan 1, 2000

By M. Nichols

Where am I? Where are they? Where is it? These are the fundamental questions that need to be answered in managing people and resources. This paper explains how GPS positioning technologies answer those fundamental questions and provide better information management from initial exploration work through daily mine operations to reclamation work and environmental monitoring.

Jan 1, 1998

By M. Ericsson

The extractive industries consist of five major sectors: - Mining equipment and services - Dimensional stone - Industrial minerals - Aggregates - Metal mining These industries produce some finished goods but mostly semi-finished products as they feed into other industrial sectors: Basic metals, fabricated metals, construction, chemicals, dyes and pigments, inorganic chemicals, fertilizers, rubber and plastics and non-metallic mineral products. These are the major down-stream industries in this study. Taken together with the extractive industries they form the mineral resource based cluster. The mineral resource based cluster is a substantial part of the Finnish economy: It employs 211 000 persons, 39% of the number of employees in industry. The cluster?s exports account for 20% of industry exports. Value added is 34% of total value added in industry. Investments reach 35% of total industry investments.

Jan 1, 2003

By Venkata S. Vutukuri

Assuming a number of discrete leakage paths and treating the airflow through leaky duct line as a series-parallel combination of airflows along the duct and through leakage paths, exact solutions for auxiliary ventilation problems can be obtained. A computer program "SEGMENT'' has been written to solve problems using this method. However, most of the investigators have treated the duct lines with a uniformly distributed leakage and many have derived formulas assuming various boundary conditions and levels of simplification for the design of a simple auxiliary ventilation system An appraisal of accuracy of the various formulas has been conducted using the results from the program "SEGMENT' as benchmark and the formulas which give accurate results have been identified. The ranges of application for all the formulas have also been determined for 5 %error.

Jan 1, 1993

By Jeong-Heum Kim, Jan M. Mutmansky

A number of solution methods for solving the nonlinear equations derived from mine ventilation networks use meshes selected from the network as the basis of the solution techniques. Mathematicians working in network theory have outlined several methods for speeding up the computations through mesh selection and ordering procedures. In the mine ventilation area, a fair amount of attention has been paid by ventilation specialists to procedures for choosing the meshes so that the computational effort is eased. However, little attention has been paid to mesh ordering methods. This paper outlines research into random mesh ordering procedures plus two non-random mesh ordering procedures and compares some results using these procedures within four solution algorithms.

Jan 1, 1993

By T. Vincze

Effective coal mine face ventilation, for remotely controlled and automated mining systems, is essential for the control of methane. The evolution of new mining equipment and methods has required changes and improvements in face ventilation methods. One emphasis today is on the use of remotely operated and automated mining systems that can be used to make continuous cuts of 6 m (20 ft) and deeper. U.S. Bureau of Mines research is studying ways to more effectively ventilate these extended cuts. Two face ventilation techniques that utilize either blowing brattice or a jet fan for deep cutting are examined in this paper. Bureau of Mines procedures for evaluating face ventilation systems are also discussed.

Jan 1, 1992

By R. L. Lewis

The White Pine Mine is a large underground copper mine located in the Upper Peninsula of Michigan. A numerical ground water flow model of the White Pine Mine was constructed to evaluate potential engineering controls that would reduce the rate of mine-water discharge after closure. Of the passive controls evaluated, the placement of bulkheads within the mine workings was predicted to offer the greatest benefit, reducing the rate of discharge by as much as 35%.

Jan 1, 1997

By Mucella Ersoy, Nese Celebi

Management Information System (MIS), is a system using formalised procedures to provide management with appropriate information to make timely and effective decisions. Before developing MIS, first functions of the organisation should be defined and grouped into subsystems. After determining the information required and produced by each system and interaction between subsystems, the related data resources should be structured into a series of databases and files. In this study, the MIS developed for Soma Open Pit Mines, Turkey is described in this respect. First, analyses of the existing system including user requirements and scope of the system are given. Then the designed information system, its subsystems, interaction between subsystems and system structure are presented in detail.

Jan 1, 2002

By R. Q. Honaker

Until recently, the application of the Jameson Cell technology in North America has been restricted to minerals processing. Recently, laboratory, pilot-plant and full-scale testing has been conducted to assess the Jameson Cell's ability to effectively treat fine coal. Based on the data, carrying-capacity relationships have been developed. In addition to its operational simplicity, the Jameson Cell has the ability to provide a separation efficiency near the theoretical separation performance on the basis of ash rejection while achieving a relatively high throughput capacity Tie results obtained from the various fine coal cleaning applications in North America is presented in this publication.

Jan 1, 1999

By F. H. Mertens

The concentrators of Gecamines are fed by a great variety of ores and produce different types of oxide and sulfide concentrates. It is therefore important to translate the performances of each circuit in terns of dollars in order to reach cost optimization in each mine to product line. A new system has been recently implemented for achieving this objective. Technical data and expenses are collected, allocated and analysed on mainframe applications. On the other hand, optimization and simulations are carried out on microcomputers which are linked with the mainframe files. Various kinds of auditing reports can be produced, including those leading to investments and cash-flow pattern which are

Jan 1, 1991