Search Documents

By K. Adam

The sustainable management of solid wastes, including the wastes emanating from portable batteries, consists one of the main objectives of the current EU Environment Framework Programme. Overall reduction in the quantity and volume of disposed wastes, elimination of dangerous species within the waste streams and wastes recycling comprise specific targets of this policy. Within this framework a Greek funded research project entitled ?Development of an Integrated Alternative System for the Environmentally compatible Management of Used Batteries and Accumulators - DIASBAT?, was recently completed by a research team consisting of major Greek Battery producers and retailers, Research Organisations, Universities and Environmental Consultants. The aim of the project was the development of an Efficient Alternative Management System for spent portable Batteries and Accumulators, (B&A), in compliance with the prevailing EU and national environmental legislation, taking advantage of the state-of the art technology. The present article summarises the research carried out within the DIASBAT project in order to review and develop a set of sustainability indicators for the assessment of the effectiveness of Spent Portable Batteries Management Systems (SPBMS). Based on the European experience and practice, various indicators were initially examined regarding the performance evaluation of SPBMS. Specifically, the indicators used in European studies conducted to assess the environmental, social and economic impacts of the recently issued Batteries Directive 2006/66/EC, as well as the indicators used by European Collection and Recycling Organisations (CROs) to assess the performance of SBPMS across Europe were presented and analyzed. Additionally, the set of indicators used within DIASBAT to assess the effectiveness of alternative Spent Portable Batteries Collection Schemes developed within the project, are presented. The experimental collection networks of the DIASBAT project included schools, selected retail stores and a pilot network set up by the Greek Institute of Geology and Mineral Exploration (IGME). From the evaluation of the various indicators, it was deduced that in order to assess an Integrated Spent Portable Batteries Alternative Management System, a multi criteria analysis approach is required. Within the general principles of sustainable development, there is a need for different qualitative and quantitative indicators to be combined, taking into consideration critical parameters such as: annual portable batteries collection rates, compliance with the targets set up by the prevailing European and national legislation, economic performance of the System - and finally social criteria - environmental sensitization according to age, gender, economic prosperity, educational level etc.

Jan 1, 2007

By H. Wu, V. Izaxon

Intensive ventilation is required during the excavation of a mine opening and the subsequent exploitation of the mineral resources. The exchange of heat between the ventilation air and the rock mass has a major influence on the thermal regime of a mine, especially in the initial segment of the airway. In frozen ground, heat flow into the rock mass from the ventilation air can result in the eventual thawing of the permafrost, which can result in roof-rock instability. This paper presents a mathematical analysis of the dispersion process of ventilation-induced heat by thermosyphons placed on the surface of the mine. The principal uses of thermosyphons in the Arctic are to reduce the ground temperature to prevent potentially unstable permafrost from thawing and to increase the bearing strength of the material. The mathematical model of the physical problem, generally known as "the Stephan problem," takes into account the varying thermo-physical properties of air and the frozen and thawed rock mass, the thermal properties of the freeing fluid in the thermosyphons and the phase change of water. Finite-difference techniques were employed to determine the temperature isotherms around the thermosyphons. It was found that two rows of thermosyphons on a 10- x 10-m grid provide an acceptable design spacing for reducing the ground temperature around the mine airway.

Jan 1, 1997

By Elvin R. Beach, Jaroslaw Drelich

Pull-off forces were measured for 8-9 pm diameter polystyrene (PSI particles on smooth spin- coated polystyrene films and hexadecanethiol (HDT) self-assemble monolayer surfaces using atomic force microscopy (AFM). Three parameters were controlled during experimentation: (i) the maximum applied load pressing the particle onto the substrate was varied from 50 to 4,000 nN, (ii) loading/unloading rate for the particle to attach and separate from the substrate varied from 0.01 to 9.3 Hz, and (iii) contact time for particle to reside on the substrate surface before retracting the particle to separate it from the surface changed from I µsecond to 200 seconds. the pull-off forces increased with increasing applied loading, increasing loading/unloading rate, and increasing contact time for the PS particle on PS film and on HDT monolayer. The PS particles experience elastic and plastic deformations duringpull-08 force measurements. Plastic deformation is primarily associated with flattening of surface irregularities. The results obtained in this research suggest that the particle-substrate contact areas of the magnitude comparable to those predicted by the JKR contact mechanical model can be reached in the AFM experiments by using high applied loads and long particle-substrate contact times. This result re-opens the prospect of' using AFM for studying surface energies of deformable micro-particles, even if the micro-particles have small irregularities on the surface.

Jan 1, 2003

By S. G. Hardcastle, Akbar Sheikh

In Canadian underground uranium mines, bacterial leaching is being increasingly applied to low-grade ore reserves. At Denison Mines Limited uranium operations, old stopes are used as leaching vessels; these contain a leaching muck pile brought down by drilling and blasting from the back which contained a low-grade reef. The bacteria used require atmospheric oxygen to oxidize the pyritic ore. A study was initiated to evaluate the ventilation, including oxygen supply, specifically, of flood leaching stopes during their rest period. The method of ventilation investigated was a single ended compressed air system which feeds airlines laid under the muckpile and carried through the inlet pressure bulkhead. The air delivery system was tested for post- blast integrity with a sulphur hexafluoride, SF6, tracer gas technique. This was injected into the intake compressed air line and collected at the stope's borehole exhaust in grab-sampling bags. The samples were analyzed with a laboratory gas chromatograph and results provided information on the stope's airflow, average residence time, overall clearance time, volume of the airpath and the airflow distribution. The borehole exhaust was monitored by anemometer and psychrometer and indicated that the psychrometric conditions in the stope were independent of the area's ambient climate. Evaluation of the exhaust's standard gaseous composition showed the oxygen consumption of the bacteria to be independent of the investigated flow range. Field derived results are compared with computer models, theoretical predictions and laboratory investigations.

Jan 1, 1987

In this presentation, CiDRA?s patented technology platform and its applications will be described. CiDRA's non-invasive, passive sonar array-based flow meter technology provides the volumetric flow rate of single or multiphase fluids by measuring the speed at which naturally occurring structures such as turbulent eddies or density variations convect with the flow past an axial array of sensors. These sensors are incorporated in a band that is wrapped around the outside of the pipe, resulting in no process downtimes for installation and unprecedented reliability. This technology has resulted in a unique ability to measure the flow rate of most fluids ? clean liquids, high solids content slurries, pastes, and liquids and slurries with entrained air. Unique and difficult minerals processing flow measurement problems and their solutions will be described. Examples of these problems include flow measurements in froth lines and flotation feed lines with entrained air, slurry lines with magnetite and other magnetic ore, slurry lines with abrasive or corrosive materials, high pressure lines, and lines exhibiting scale buildup. Recent technology developments will be covered.

Jan 1, 2008

By G. Vik, P. Chryssanthakis, S. C. Bandis, L. Haruik, N. Barton, M. Christianson, A. Makurat

The large jointed chalk reservoir situated at 3 km depth in the North sea's Ekofisk field is undergoing major compaction after nearly 15 year of oil and gas production. Approximately 150 km 3 of the overlying sediments, mostly shales, are involved in the subsidence. A maximum central subsidence of nearly 3 meters, and a maximum present rate of 45 cm per year has set in motion numerous studies of the phenomenon. Non-linear finite element (FEM) and non- linear distict element (DEM) analyses of the compaction and large scale subsidence were performed. Consistent differences between the continuum and discontinuum analyses were noted. In the latter, slip on hypothetical bedding planes and sub- vertical or vertical faults was allowed, which possibly gives a more realistic simulation of the real processes of subsidence in such a large body of rock. Laboratory studies of the reservoir joints included roughness measurement, JRC and JCS characterization, direct shear tests while saturated in heated Ekofisk oil, and coupled closure-shear-flow tests with heated oil followed by heated sea water. Discontinuum modelling using Cundall's UDEC was performed on representative jointed assemblies (two sets of steeply dipping conjugate joints) to investigate the effect of a major reduction of pore pressure within the deformable matrix and along each joint. It was found that the large shrinkage deformation of the matrix allowed joint shearing to occur despite the constraint of uniaxial strain. Relative mass bulking due to small but widely distributed joint shear possibly explains the observed maintenance of excellent productivity despite large vertical strains in the reservoir.

Jan 1, 1986

By B. S. Treiber, R. A. Lohnes, S. M. Levorson

As part of a research program to develop a coal-handleability index that would predict the ease with which a coal would flow through a handling system, an apparatus was developed to directly measure the unconfined Yield strength and bulk density of consolidated-coal samples. The new test apparatus provides a fast and simple method for determining the strength and compressibility parameters that are associated with the handling characteristics of crushed coal. Comparative tests were conducted using a low-stress triaxial-test apparatus. To check the accuracy of the new method, four coals with a variety of moisture contents and gradations were tested using the new method. These tests indicate that the new test device yields valid results. Further, the speed and ease of operation of the new device makes it suitable for quality control and quality assurance in plants.

Jan 1, 1996

By Qing Wang, Xiaochuan Xu, Jianping Liu, Xiaowei Gu, Qingyu Zhu

"The ecological costs related to the various optimized production schemes were calculated based on the designed ultimate pit. Moreover, the influence of the ecological costs on the selection of production schemes was discussed. In one designed pit, a series of geologically optimum pushbacks with sufficiently small increment were produced using the floating cone method founded on the principle of the highest metal content. Then all the pushbacks were reordered by the dynamic network diagram. The production scheme with the maximum NPV route was considered as the optimum one. The ecological impacts produced by mining were quantified and the ecological cost calculation models, which contain the direct eco-value loss, the indirect eco-value loss, the eco-restoration cost and the carbon emission cost were proposed. In one big open pit mine case, various production schemes were optimized and the one with maximum NPV was selected without taking into account the eco-costs. The scheme with the maximum comprehensive profit was obtained by calculating the eco-cost of each scheme. The results showed that the best scheme considered with the eco-cost was not the scheme with the maximum NPV. Therefore, the eco-cost presents the effect on the selection of the best production scheme.Introduction Optimizing production scheme is to determine the mining quantities of ore and rock, the pushing position of stope each year, and maximize the NPV of mine. In the theory, production scheming optimization has gone through trial and error (Pana and Carlson 1966), linear programming method (Johnson 1968), mixed integer programming (Gershon 1983), integer mapping (Kim and Cai 1990), dynamic programming et al (Gu et al 2014). In recent years, the study on production scheduling optimization has been focused on two aspects. On the one hand, the study is to solve the investment risk caused by the uncertainties of economic and geological environment (Ramazan and Dimitrakopoulos 2013, Marcotte and Caron 2010, Lamghari and Dimitrakopoulos 2012, Godoy and Dimitrakopoulos 2004, Benndorf and Shishvan 2014). On the other hand, the emphasis of the study was on reducing the problems for the optimization algorithm, to make it more efficient and practical (Cullenbine et al 2011, Shishvan and Sattarvand 2015, Askari-Nasab et al 2011, Nasab et al 2010). However, different production schemes cause different damage of mine land and pollutant emission, thus triggering environment problem. With the improvement of people’s consciousness of environment protection, the environmental issue of mining has been attracting more and more attention."

Jan 1, 2017

By Edward I. Erlich

1984 saw the 30th anniversary of a momentous event in Soviet geology-the discovery of kimberlites in Siberia, an event that vaulted the Soviet Union to second rank among the world's producers of both gem and industrial diamonds. There are many legends associated with this story, legends about those who predicted the discovery and those who achieved it in the field. The story told here unfolded during the field campaigns of the 1940s through 1960s, as witnessed by the authors and their companies of an earlier generation. This story illustrates science, chance, and human emotions at work, resulting in a blend of conviction, courage, bureaucratic sniping, and competition for glory. At the same time, it is an illustration of the workings of the Soviet exploration system. In a broader sense, it is the realization of the Russian image-boundless natural wealth, indomitable ingenuity, and the rigid political economic system that permeates the Russian landscape as well as the people. Most accounts of the Siberian diamond saga begin with statements such as, "This discovery confirmed the predictions of...", or "It was a result of predictions of one of the greatest Soviet geologists, Academician V.S. Sobelov...". These are only part of the truth. It had become apparent even in the 1930s that the Siberian Platform contained one of the Earth's greatest Basaltic provinces, described in a monograph by Sobolev...; and at the end of the thirties, G.G. Moor of the Institute of Arctic Geology found alnoites, similar in many ways to kimberlites. At the same time, the famous polar geologist, N.N. Urvantsev found other kimberlite like rocks in the southern Taymir Peninsula, adjacent to the Siberian Platform. In publications describing these rocks, Moor and Urvantsev mentioned for the first time the possibility of finding diamondiferous kimberlites similar to those in South Africa. Unfortunately, Urvantsev spent little time in the field between terms in concentration camps. Moor was considered by his superiors to be no more than a good descriptive petrographer; they suggested to him that his conclusions should be backed up by more highly regarded specialists. Thereupon, Moor asked Sobolev to coauthor a paper with him and this became the widely quoted prediction about diamonds in Siberia. Another early paper should also be mentioned, an unpublished paper found by M.I. Rabkin in the geological archives of the Norilsk Metallurgical Plant, written by Yu. M. Sheinmann when he worked in the concentration camp there in the late forties. This report placed the probable location of yet-to-be-discovered kimberlites within less than 100 km of their correct location.

Jan 1, 1990

By R. L. Grayson

In 1995, the United States Congress abolished the Bureau of Mines in the US Department of Interior. But Congress preserved the safety and health research functions being performed at the Pittsburgh and Spokane Research Centers. These functions were transitionally housed in the US Department of Energy before permanently merging with the National Institute for Occupational Safety and Health (NIOSH), Department of Health and Human Services, in October 1996. Since the rnerger of the former Bureau of Mines with NIOSH, there has been an active evaluation of ongoing research activities, significant interaction with stakeholders, and the development of a process leading to "data-informed" priority setting. This paper reviews the current surveillance information concerning the level of injury and disease from mining work and discusses how research priorities are evolving to improve the contribution of research to the prevention of injury and disease.

Jan 1, 2000

By George Weinman

GEORGE WEINMAN: Our first group leader for the discussion, "Ups and Downs of Downsizing," wishes to remain anonymous. ANONYMOUS PRESENTER: When George and Jamie asked me to do this, I thought a while about what to say and went through several variations of what I’ll present today. I came up with the title "Ups and Downs of Downsizing." A lot of downsizing has occurred in all of our industries-mining in particular. While this downsizing has gone on there's no doubt that all of us produced more and more, probably with less and less people and less and less resources. But I contend that there's also a big downside associated with this. I disagree with a point made in the keynote presentation yesterday, the point being that vendors are bringing new technology to us. I can agree that the major changes associated with equipment and similar items are being brought to us by vendors. But I do contend that there's an awful lot that's getting away from us-especially if you factor in the integrated supply or the strategic alliance or the various and sundry related purchasing techniques. I contend that we are missing a lot of, let's call it, lesser technology; not major equipment changes, but different tools, different techniques for doing things, different left-handed widgets. The integrated suppliers, to some degree, are bringing this to us; but I am concerned about the small guy who comes up with a good idea but deals through integrated suppliers rather than having direct contact with plant people. They're probably going to go somewhere else and market their wares. That's what I'm hearing from a lot of smaller vendors. I also think that we are losing a lot of our knowledge base. Every time you shrink an organization somebody leaves. The bottom line: less people. When a person leaves-and I don't care who he or she is, be it the janitor who's cleaning the bathroom, the operator, the engineer-when that person leaves there's some knowledge that goes with that per- son. And sometimes that knowledge is quite valuable. I've worked more or less at the plant "low." I can't tell you how many excellent, viable projects have come from people who said, "Look here. There's a better way of doing this." And, you know, they were right. Now, maybe they didn't have the resources or the expertise to develop these ideas into full projects, but they had that basic idea. Someone may say, "Well, if we put a no. 6 skyhook here, so we can lift this particular pump without bringing a crane from 30 miles away ...." No. 6 skyhooks are a bit expensive, but what if we put together a little structural steel here or whatnot?

Jan 1, 1998

By M. P. Evans, Rainer Kahrger

During the last decade or so great advances were made in the solvent extraction, electro winning technologies. They, combined with heap leaching, made it viable to exploit large, relatively low grade oxide copper deposits. The El Abra mine is a good example for such a deposit. Situated in Northern Chile at an elevation of about 4000m (14000 feet), 70 krn north of Calama, the El Abra deposit has been known for many years. In the early 1990's Codelco decided to sell a major holding in the deposit to international mining companies. After lengthy negotiations Cyprus Minerals finalized in June 1994 the purchase of 51% of the deposit with Codelco retaining the balance. lance. Already in 1993 Cyprus and the engineer on the project, began discussions with international materials handling companies with regards to the materials handling system required for the project. These early discussions were considered critical for this fast track project. Immediately after the notice to proceed with the project, several companies were invited to submit competitive conceptual proposals for that portion of the material handling system which was to transport crushed and treated ore from the plant to the leach pad and build the leaching heaps at a rate of up to 150 000 tons per day. A supplier was selected. Additional studies were made for the conveyor system from the mine to the fine crushing plant. Due to the extremely rugged terrain and high altitude at the mine, a decision was made to locate the plant and the leaching operations 15 km east of the mine at an elevation of 3400m. In July 1994 the supplier started the conceptual engineering with a design team at the engineer's San Francisco office. The undertaking was unique in the sense that the supplier's engineering team was integrated into the project for the duration of the conceptual engineering. The open and continuous communication greatly contributed to the success of the design work.

Jan 1, 1996

By Bern Klein, Rafael Fernandes de Mesquita, Fatima Regina Ney Matos, Andre Xavier

"193 United Nations members are signatories of the 17 Sustainable Development Goals (SDGs). Even though it does not make it legally binding to the country members, the SDGs establishment incites national and managerial frameworks to achieve the SDGs. The mining industry inserts itself in this context by its global presence and frequent location within ecologically sensitive and less developed areas. This paper aims to consolidate the state of academic research on mining, sustainability and sustainable development, by organizing the results of previous studies within a systematic review on the SDGs set. To do so, the ISI Web of ScienceTM Core Collection database was chosen as a database of record, as it is one of the most widespread databases of academic journals. We have used all years available in the ISI database, from 1945 to 2016 (for complete years). The systematic review process comprised of five steps: (i) to search terms [(“sustainability” or “sustainable development”) and mining] on the database and to apply filters of criteria; (ii) organizing papers; (iii) metrics and relations between papers and authors; (iv) classification of the results through content analysis techniques; and (v) synthesis. The results were divided in two groups: the highly cited and the most recent papers, to include papers that have academic impact and those which show the newest contributions to the field. The results showed that, in spite of a growing amount of publications in the past years that relates to mining and sustainability, the main focus of these publications are still on the environmental dimensions of the UN goals. This suggests that more practical and academic work in the mining sector are required to fill in the blank spaces regarding the other set of goals that compose the SDGs framework.Introduction A total of 193 United Nations members are signatories of the 17 Sustainable Development Goals (SDGs). Even though it does not make it legally binding to the country members, the SDGs establishment incites national and managerial frameworks to achieve the SDGs. The mining industry inserts itself in this context by its global presence and frequent location within ecologically sensitive and less developed areas (Atlas 2016). The goals are important because they add common targets for different countries and easily establish discernible criteria for it (Costanza et al 2016). A forward-looking approach like the SDGs would be able to attach the sustainable development framework with profitable activities taken by the mining companies (Starke 2016). This paper aims to consolidate the state of academic research on mining, sustainability and sustainable development, by organizing the results of high impact previous studies and recent publications, within a systematic review, on the SDGs set. By doing so, the results can portray the actual concern and the lacks that the academic field had on this subject in comparison to the UN contemporary agenda."

Jan 1, 2017

By Norman Haber

The Haber Gold Process (HGP) is a proprietary. hydrometallurgical extraction methodology that was developed in 1983-1984 by Norman Haber and Dr. John Lee of Haber, Inc., a small public company in Towaco, New Jersey specializing in hydrochemical process development for precious metals. It was pilot tested repeatedly in 1985 at our pilot plant in Tombstone, Arizona, with different types of gold bearing mineralization. Both Pincock, Allen and Holt (USA), and PA Technology (Australia) were involved with some of these pilot tests. The ores tested included easily cyanide-extractable oxide type gold ore from Australia, marginal heap-leach type ore from Cripple Creek, USA, and a hematite bearing ore from California. In all cases, extraction time was 6 hours or less yielding 90-99% recoveries of assayed gold values. The HGP operates as a lixivient which parts the gold from the rock matrix, yielding gold in solution in a fully recoverable form. Both precipitation methods, such as zinc participation or Carbon in Leach systems ( or Carbon in Pulp) have been shown to be feasible with this technology for the recovery of gold from the pregnant solution. Both batch vat leaching as well as continuous processing are realistic for use with the HGP. It has also been considered that the HGP might also benefit heap leaching due to several advantageous factors over cyanide. One such consideration is that the HGP can operate effectively with acidic ore types. The use of cyanide with such ores often requires attention to pH and neutralization with lime. This tends to reduce and even clog the permeability of the leach bed.

Jan 1, 1998

By William H. Bird

Over the past 14 years, the efforts of 2 companies and several individuals have outlined a major solfataric gold ore body in the Summitville district in the southeast San Juan Mountains of Colorado. The hard work of these years could not have flowered without a dedication to modern exploration methods, an intense interest in new theories of ore genesis, and a relentless discontent with the accepted geology of the Summitville area. To set the stage for this discovery period, it must be noted that it began 100 years after gold was first found at Summitville. It was the height of the "porphyry copper" era and gold was still not a part of the explorationists' portfolio. It was also a time of great intellectual stimulation. Theories were rapidly developing to relate different types of ore deposition and to place ore genesis within the fabric of plate tectonics. Summitville itself had just been linked to the newly discovered Platoro caldera complex and the Platoro lineament. This in turn related Summitville to the other San Juan volcanic field caldera ore deposits.

Jan 1, 1990

By Steve McIntosh

Restoration of a wetland which was initially disturbed at the turn­of-the-century will be undertaken to compensate for the temporary loss of wetlands associated with future mining operations. The proposed mitigation area exhibits xeric conditions as a result of past dredging and gravel mining operations which had the effect of lowering the flood plain surface and wasting the fine surface sediments. Together these mining activities resulted in complete alteration of the surface and subsurface water systems. Water which had inundated the soil profile, now flows on the basalt bedrock, surfacing only for a relatively short time during high flow periods. The conventional approach to wetland restoration in this type of area is to remove surface material in an attempt to bring the surface nearer to the underground water. These operations would require the removal and redistribution of large quantities of gravel, cobbles and boulders and the attendant destruction of existing wetland areas. Rather than lowering the surface elevation to the water level, the mitigation plan conceptualized for this project involves forcing the water to the surface by creating subsurface ponds behind four impermeable barriers. The barriers will extend vertically from the bedrock to the surface. Surface berms will be constructed along the length of each groundwater barrier to enhance sediment deposition and encourage the development of wetland vegetation. This is the least expensive and least invasive method of creating a wetland which will remain saturated to the requisite degree and for the amount of time required for classification as a wetland as defined by the 1989 Federal Manual for Identifying and Delineating Jurisdictional Wetlands.

Jan 1, 1993

By Kirk P. Kinart

The mid to late 1980s saw a modern day global gold rush that largely focused on the mature mining countries of the United States, Canada and Australia. This gold rush led to a large number of new discoveries in these countries and phenomenal growth rates in annual gold production. For a variety of reasons, however, gold exploration and development activity appears to have peaked in these countries. The drive for mineral investment is, instead, growing in lesser explored countries (LEC). LECs, particularly those of Latin America, are currently enjoying greatly increased attention from North American mining companies. They are becoming major consumers of mineral investment capital and are important markets for exploration and mining skills. Through sole ownership, joint ventures and subsidiary companies, Battle Mountain Gold now operates or controls gold mines in the United States, Chile, Bolivia and Australia. And it has been or is an active participant in gold exploration or development projects in seven other countries, six of which classify as LECs. In selecting new country entries and opportunities for mineral investment, there are several factors to be considered and parties to be satisfied - shareholders, corporate management, financial institutions and host country governments. This article, though, focuses on some of the more practical concerns of the exploration unit as a whole and the exploration geologist in particular. The exploration unit's "new country" concerns primarily relate to exploration potential, ownership security, quality and availability of data and the ability to operate efficiently. The following material reviews each of these concerns and how they impact the new country entry decision, exploration strategy, chances of success and human experience.

Jan 1, 1993

By B. Karatzoglou

The penetration of sustainability principles in business practices has introduced the necessity for a simultaneous integrated assessment of the corporate economic, environmental and social performances. Continuous technological, political and legal evolutions indicate that Sustainable Development (SD) principles will soon have to be implemented in all sectors of the Greek corporate reality, among them in the Mineral and Mining Industry. However, the ultimate criteria for the evaluation of a company?s performance remain its profitability and its market value. Managers, shareholders, financial intermediaries, all alike, emphasize and base their decisions on the various accounting produced ratios of return (ROA, ROE, ROCE, Residual Value) included, or produced by data found, in the financial statements of the companies. This paper offers evidence that the traditional accounting ratios discourage the implementation of investment plans that aim at improving the environmental performance of companies and therefore can be inadequate and misguiding for SD applications. International studies have consistently traced a positive relationship between the environmental performances of firms and their financial positions. Yet, the fact that investors tend to reward proactive companies by increasing their corporate values is disregarded by the return ratios, which usually set up the basis for management rewards and bonuses. The book value of the firm assets and owners? equity from which such ratios are produced diverges strongly from the real corporate value, defined as the traded amount for the stock of a firm. There is an urgent need for an adjustment of the return ratios so that they can record the positive economic impact of a more sustainable attitude and encourage decision makers towards this direction.

Jan 1, 2003

By Jean Rainville

Gold was first discovered in the central region of French Guiana in the mid 1860's. Production was based strictly from placer mining of the various rivers in the region. At the moment, a number of companies are actively engaged in hard rock gold exploration, concentrated in the northern and central regions of the country. The Franc-Or/BRGM joint venture in the Sophie-Repentir region of Central French Guiana offers an exceptional opportu­nity for the discovery of one or more million-plus ounce deposits of gold owing to a highly favorable structural setting in Precam­brian greenstones that host several known vein gold occurrences, some of which appear to occur near the border of a potassic granitoid intrusion. At this point in time, based mostly on predecessors' work, mineable reserves could be estimated to be in the 500,000 ounces range over the length of the property. The exploration campaign under way has the objective to delineate probable reserves of at least 2 million ounces that could be mined by open pit mining methods in the area. The program should be completed in the next 18-24 months. In order to efficiently and effectively evaluate this very large property area, all of the necessary camp, mechanical and drilling equipment has been purchased and is being transported to the property. Most of that equipment was purchased in Canada. The first drill target is the Repentir sector because of its access and the amount of detailed work that has been done by BRGM on that concession, but geological evidence suggests that many areas on the property could offer even more potential.

Jan 1, 1995

By G. Barrasso, E. Nordheim

"The European aluminium industry, through its member organisation the European Aluminium Association (EAA), initiated a program on sustainable development for the aluminium industry in 2001. The first step involved the development of a set of sustainable development (SD) indicators for the industry, taking into account of the different interests involved and also the different existing conventions. The indicator set was developed during 2001 and 2002 with the assistance of recognised partners, including Wuppertal Institute from Germany and Versailles University from France. As well, both internal and external stakeholder groups were involved in order to validate the indicators. This has resulted in a set of thirty-four indicators used in the first survey exercise. In the survey the EAA, together with the national aluminium associations, attempted to cover all European plants producing alumina, primary aluminium, rolling ingots, extrusion ingots, foil and recycled aluminium -covering approximately 800 plants. The survey used two points in time, 1997 and 2002, in order to start developing a trend for the individual indicators and to measure progress over time. The industry response to the survey was very positive, with a total industry coverage based on tonnage reported of over 80% for 2002 data and 70% for 1997 data. The results also show a solid progress for most indicators and particularly for social indicators such as training performance, community involvement and employees health programmes. The EAA is committed to conducting this as a regular exercise and is engaged in a number of stakeholder workshops in order to present the survey results, to review the indicators used and to also consider adjustments of these based on feedback from stakeholders and experiences from the first data collection."

Jan 1, 2005