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By Paul Tyler

THE extensive employment of nonmetallic minerals antedates the use of metals, but only within the last two decades has the production of nonmetals begun actually to keep pace with the complicated activities which characterize the so-called Machine Age. The economic changes ushered in by the Industrial Revolution were reflected first in an increased demand for metals and for fuels. In the modern sense, therefore, the nonmetallic mineral industries are new and afford new opportunities for engineer and economist alike. A certain amount of caution is indicated, therefore, before attempting to apply ready-made formulas to the problems of these industries. Economics is not an exact science. In the field of production technology where the number of variables is fairly well known, the principles of economics are readily applicable, but as the student proceeds through the province of marketing into the unexplored regions of psychology and sociology he must distinguish carefully between scientific reasoning and purely metaphysical speculation, even when the latter masquerades as economics. The present paper attempts to prove no preconceived theorems and is designed primarily to stimulate careful thinking on sundry neglected phases of these industries. An attempt is made to differentiate the general problems into single aspects which afford promise of being comprehended separately; also, some fundamental statistical data are presented, but merely to indicate a method of scientific approach applicable to more intensive studies.

Jan 1, 1933

By René E. Fuenzalida

The copper market has become highly competitive around the world; therefore, operations efficiency is a must for copper producers. The economic outcome in a day-to-day milling is not evident at the concentrator stage, when traditional procedures are used in operations management, based on the supervision of process variables and metallurgical indices. Therefore, in such a complex business, there is a strong need to devise an approach to furnish concentrator's operators with procedures and tools to state and solve the problems related to operational decision making, leading to maximize the economic return of investment; this is what is aimed to be presented in this paper.

Jan 1, 1998

By Carlos Avalos Casillas, Saul Ortiz Landeros

The current work shows metallurgical results obtained at the Centro de Investigación y Desarrollo Tecnológico (Peñoles CIDT), as a continuation of the work first published in February 2012. With the aim of optimizing the economic values of the products, ores from San Julian (Fresnillo) were selectively floated to produce a lead concentrate and a zinc concentrate containing high silver values. In the laboratory, this included regrinding of the rougher and scavenger lead concentrate to increase the liberation of mineralogical species and thus lower zinc recovery. Cyanide leaching bottle tests were conducted to improve the value of the silver. It is proposed to leach the silver contained in the zinc concentrate and then recover the silver using the Merrill Crowe process. The results show a reduction of zinc recovery in the lead concentrate from 11.3% to 2.0% after regrinding to a P80 of 10 microns, improving the metallurgical quality and economic value of the lead and zinc concentrates. Also laboratory and pilot scale cyanidation tests showed that about 65 to 80% of silver will be leached from the zinc concentrate, after regrinding to a P80 of 10 microns. The proposed processing increases the economic recovery of silver from 72.7% to 78.8%.

Jan 1, 2014

By Kai Nielsen

The paper presents the results of several industrial and laboratory blasting, crushing and grinding tests and experiments investigating how blasting can influence the subsequent crushing and grinding operations. The paper also describes how these results can be used in order to optimize the entire comminution process from solid ore to a semifinished or marketable product. Two cases are presented, one looking at the processing of fine grained taconite ore, and the other discussing the processing of raw milling product for cement burning.

Jan 1, 1998

By E. J. Margi

Deep gold exploration such as is used for Witwatersrand gold deposits is both expensive and time-consuming. This paper provides quantitative guidelines as to the economic optimum number of boreholes and deflections within each borehole for a certain reef characterized by its variability pattern and depth below surface in order to maximize the level of confidence for a fixed drilling budget or to minimize the total drilling cost for a given level of confidence. Portions of the Basal, Vaal, and Elsburg Reefs that show a wide range of variability (sample logarithmic variances of 0,63, 1,05, and 2,06 respectively) are examined at depths below surface ranging from 1000 m to 4000 m over a simulated mining property covering 7000 ha (7000 m by 10000 m). It is concluded that four intersections per borehole are optimum in al the cases considered, which cover the majority of current Witwatersrand exploration, with the exception of the highly variable Elsburg Reef at depths of 1000 m and 2000 m, where boreholes with one and two intersections respectively should be preferred.

Jan 1, 1987

Who is CIBC? ? Canadian Imperial Bank of Commerce (?CIBC?) is a leading North American financial institution. ? Total Assets: US$315 billion ? Market Capitalization: US$29 billion ? CIBC comprises three strategic business lines: ? CIBC Retail Bank ? CIBC Wealth Management ? CIBC Wholesale Bank ? CIBC Wholesale Bank is a leading North American investment bank with niche capabilities in Asia, Australia & Europe. ? 1,000 + employees around the world ? Product range includes: Mergers & Acquisitions advisory and financing, Equity and Debt issues, Merchant Banking and Strategic Lending ? CIBC is ranked as the #1 investment bank in Canada across most of its key products and industries ? #1 Equity Underwriter in Canada ? #1 Mergers & Acquisitions Advisor in Canada

May 1, 2010

By Randy M. Cole, Peter J. Phillips

A methodology is presented which quantifies six coal utilization cost components, each proportional to a coal's mineral content. These are: Ash disposal costs, coal transportation costs, plant maintenance costs, reduction in plant peaking capacity, reduction in plant rated capacity, and reduction in plant availability. Numerical examples illustrate that coal containing between. 12.5% and 25.0% ash-plus-sulfur can cause incremental utilization costs ranging from less than $1.00 to more than $8.00 per ton of coal, when combusted in a pulverized coal fired power plant. Estimated costs are then compared to historical data and the conclusion drawn that steam coal beneficiation may have broader economic justification than sometimes realized. It is noted that TVA, which first proposed the methodology and parameters used here, is continuing research on this aspect of coal utilization.

Jan 1, 1981

By J. Bhattacharya, S. K. Mukhopadhyay, S. K. Pal

"While time and again many authors have categorically stressed the restoration of the environment, very little effort has been made in the mineral industry to develop the economy of environmental control. There are many abatement procedures that search a maze of variants. Among them pricing environmental damage seems to be more logical and easily implementable.IntroductionMining as an operation has a severe impact on the Earth's natural resources. While economical environment control is much sought after, solutions are often varied and complex, and can differ in the problems of single or multiple mine sites.Determination of Optimum use LevelsIn “mining environmental control"" it is required to strike a balance to find optimum use levels. The solution is to find where the welfare benefits equal the cost involved to curb the degree of environmental damage (Fig . I) . In the mining industries this can be done by modifying the production/extraction process itself. For most pollutants, the marginal costs of control will exceed the benefits from further reduction of damage long before the zero pollution damage point is reached (Fig. I). From an economic perspective the optimal alteration of environment by mining would occur at z; pollution continues to be caused by ""zy"" control units, but it would be inefficient to pursue the redemption efforts further because the marginal cost involved would exceed marginal welfare benefits."

Jan 1, 1992

By R. W. Ballmer

Prior to initiating construction of a new mineral development project, sponsoring organizations must be convinced that the operation will be viable. Proof is typically provided by the feasibility study. Considerable man hours will be spent in assessing and evaluating data on the deposit, its environment, and the means of development. Impact studies must be made for various scales of operation, inclusion of by-products, new methods of treatment, deferent levels of integration, and infrastructure configuration. Examples of current materials handling cost estimates are provided from the ongoing investigation in which Amoco is a participant at Ok Tedi in Papua New Guinea and Gag Island in Indonesia.

Jan 1, 1979

By Thomas T. Read

THE benefits derived from stabilization of industry that might possibly be attained through some scheme of centralized economic planning have been much discussed of recent months, and opinions on the subject range from those who believe that some agency like the War Industries Board would be practicable to create and wholly beneficial in effects, to those who are equally convinced that none of the suggestions so far advanced are at all practicable, or likely to be productive of more of good than of evil. The discussion has been on the general topic, but-many of those who have written or spoken on it have introduced economic problems of the pinera1 industry; for example, Newton D. Baker, who referred to the coal industry in his address on economic planning at the Williamstown Institute of Politics on July 31, and then went on to say, "Industrial progress is made by the development of new things, but new things upset the equilibrium of any plan. Who could have planned the industrial effects of the development of the railroads, or the economic changes which you have seen attend the development of the internal combustion engine. Obviously, unless we are prepared to put world economics in a strait-jacket and, like the encyclopedists, write its full history on the theory that further progress is impossible, no such plan could be made for nations which are forging ahead as is entirely rational for nations which are still catching up."

Jan 1, 1931

By E. H. Crabtree

IN an ideal mill, with perfect milling operations, the mineral extraction would be 100 per cent, the, concentrate would be 100 per cent mineral, the tailing would assay zer.0 mineral and the milling cost would be zero dollars. Such an operation can, of course, never be attained. We can only strive to approach it as nearly as possible and in doing so most recognize .the fact that the three primary factors in milling: assay of concentrate, assay of tailing, and cost of operation bear a definite economic relationship to each other. This relation will change from time to time and will be different for different mills, depending on milling equipment, character and quality of feed, market conditions, and other factors. It is granted that for a given operation there is an economic point, but the location of this point is difficult. It is for the purpose of making some of these economic points a little more tangible that this paper has been prepared.

Jan 1, 1930

By W. C. Peters

From the time of its beginning in the mid-19th century, the American barite industry has had its major development in the eastern and central states. Geologic and economic factors serve to maintain Arkansas, Missouri, and the Southern Appalachian states in the lead position. In earlier days, the major markets for barite were in paint, chemical, and glass manufacturing, and the favored deposits were those which were close to eastern industrial areas; furthermore, the eastern deposits were cheaply mined and required little or no beneficiation. In the last few decades, the use of barite as a weighting medium for muds in rotary oil well drilling has caused a great expansion in the industry, but the marketing picture is still centered outside of the western states-now on the Gulf Coast area where high pressures are common in oil wells. Low cost imported barite, readily available on the East Coast and Gulf Coast, has always been a major marketing factor in the industry. The major barite producing state is Arkansas, with the industry centering about the Magnet Cove area. Missouri ranks second, with production mainly from residual deposits. Several Southestern states are actively producing from residual deposits.

Jan 9, 1958

As the theme of the conference is ære-discover Otago' from the minerals point of view, it is also timely. Of the eight million ounces of gold recorded produced from Otago, perhaps a quarter of this came from the goldfields of St Bathans, Vinegar Hill and Cambrians. The most notable among them was the Kildare Hill Mine, which is the so-called Blue Lake at St Bathans today. The bottom wash encountered in this mine contained the famous Kildare lead, which averaged 7 1/2 dwt to the dish, and is still one of the richest leads of alluvial gold known in the world. The richness of this lead, the best encountered in these gold fields, is otherwise stated to have yielded more than 42 ounces of gold to the cubic yard. It should be borne in mind that this equates to about $22 000 per cubic metre, in todayÆs values. I have been told by older residents of this district that in fact about 1 million ounces came out of the Kildare mine and associated workings. In todayÆs values, this would be about 530 million dollars worth of gold. The largest mines in the district were at Surface Hill, Kildare Hill, Nicholsons, Vinegar Hill, the Never Fail claim at Shepherds Flat nearby, and at Cambrians. It would appear that in almost every case, work stopped when the bottom wash progressed too deep down dip of the anticline hills on which it was initially found. The mining methods were sluicing and hydraulic elevating, and although the gold bearing ground did not stop, eventually it exceeded the ability of the mining methods then available years ago, to work it further. When it is realised that the previous mining has removed what is likely to be only a low percentage of the gold resources in these fields, a tantalising situation presents itself today in that mining technology now available will enable another cut to be taken off these fields. As in the past, I believe this will be million ounce plus and multi-million dollar scenarios, where the economic and social benefits will become widespread prizes.

Jan 1, 1992

By Richard W. Lawrence, Richard Poulin

"Numerous processes co-exist for metal extraction and for metal removal from effluents of mining operations. Each process enjoys an economic advantage, including environmental cost and benefit, if utilized in a specific situation. This applies equally to biohydrometallurgical processes. This paper will analyze four types of biohydrometallurgical processes for their economic and environmental attributes: biooxidation of refractory gold, extraction of copper from sulfide, metal removal from effluents by active sulfate reduction, and metal removal by the use of wetlands. By examining the economic and environmental advantages of these processes, generalizations can formalized and it becomes possible to define niches of application where biohydrometallurgy can be considered. Our analysis shows that biohydrometallurgy can be efficient at small scale, be more environmentally friendly than conventional technologies and is relatively easier to operate. The higher financial risk associated with unproven technologies at the commercial scale is being eliminated as biotechnology-based plants are put into production.IntroductionBiotechnology can be described as the rational exploitation of the activities of living cells or parts thereof, requiring an integrated multidisciplinary approach between biological and technical disciplines. Microbiology, biochemistry, botany, molecular biology, chemistry and engineering all contribute to practical applications in the extraction, manufacturing and service industries, and in environmental management. Considerable commercial success of biotechnology has been achieved in several sectors, including health care, agriculture, forestry and aquaculture.Over the past 40 years, industry, research organizations, government laboratories, and universities in a large number of countries have participated in investigating the utilization of biotechnology applications in mining. Today, several technologies are used commercially in well understood and engineered systems which can be grouped under the term biohydrometallurgy. Many more technologies have been demonstrated at laboratory or pilot plant scale. Although initial developments and commercial applications were aimed at metal extraction, the dramatic increase in environmental awareness, the practice of sound environmental management demanded by more stringent regulations over the past decade, and the need for low cost treatment in perpetuity, has led to serious investigation of biotechnology for environmental control. In addition, increasing power costs, lowering of ore grades, and decreasing commodity price in real dollar terms require the use of highly efficient and competitive extractive technologies."

Jan 1, 1998

By D. B. Sikka

Porphyry type copper ± molybdenum deposits typically occur in the Phanerozoic rocks and have been well documented. During the past two decades a number of porphyry type Cu ± Mo deposits which range in age from 1055 ± 35 Ma to 2970 Ma have been identified in the Precambrian rocks of Australia, Canada, China, Finland, India, Namibia and Zambia. Kalanjkhand porphyry copper deposit M. P., India which is estimated to contain 789 million tonnes averaging 0. 83 percent Cu (millhead-grade); 0.004 percent Mo; 0.2 gm/t Au; 6 gm/t Ag and a cap of 7.532 million tonnes of oxide are averaging 0.8 percent Cu. The economic potential of the expanded copper mining milling, smelting and refining complex to be built in the future at Kalanjkhand, which is the largest porphyry copper deposit discovered to date in the Precambrian rocks of the world is presented.

Jan 1, 1992

By D. B. Sikka, R. B. Bhappu

Porphyry-type copper-molybdenum (Cu-Mo) deposits typically occur in the Phanerozoic rocks and have been well-documented. During the past two decades, a number of porphyry-type Cu-Mo deposits that range in age from 1055 Ma to 2970 Ma have been identified in the Precambrian rocks of Australia, Canada, China, Finland, India. Namibia and Zambia. The Malanjkhand porphyry copper deposit M.P., India is estimated to contain 789 Mt (870 million st) averaging 0.83% copper (mill headgrade); 0.004% molybdenum; 0.2 g/t (0.006 oz/st) gold; 6 g/t (0.175 oz/st) silver and a cap of 7.5 Mt (8.2 million st) of oxide ore averaging 0.8% copper. The economic potential of the expanded copper mining milling, smelting and refining complex is expected to yield cathode copper 118.6 kt (130,700 st); molybdic oxide 830 t (914 st); gold 1.9 t (61,732 oz); silver 46.6 t (1.5 million oz); sulfuric acid 240 kt (264,500 st), copper from leach dumps 11.5 kt (12,600 st); nickel 24 t (26,400 st); cobalt 84 t (92,600 st); bismuth 16 t (17.6 st); selenium 48 t (53 st), tellurium 4.8 t (5.3 st).

Jan 1, 1995

By Paolo Bevilacqua, Paolo Antonini, Lorenzo De Lorenzi

"Italy is one of the major producers of ceramics in the world. Ceramic production requires large quantities of K-feldspar, which is commonly sourced from granites, alkali-granites, and “granitic” sands. These rocks contain other minerals, such as quartz, plagioclase and mafic minerals, which are undesirable for ceramic production. Due to the coarse mineral grains that constitute these rocks, a reasonable liberation is achieved at a relatively coarse grind size.This paper reports a study conducted on the separation of K-feldspar from quartz, plagioclase and biotite, from a feed of ground granite. The feasibility of the separation using a dynamic dense medium separation system has been investigated, as an alternative to the traditional flotation technique. The use of a two stages cylindrical vessel (Tri-Flo) was preferred to a conical vessel, due to the improved separation efficiency. Tests were conducted on two samples of crushed granite having size distributions of –3 +1 mm and –1 +0.5 mm.Heavy liquid analysis was performed on the two samples. As the rheological properties of the dense medium interact with the separation efficiency, the stability and viscosity of the dense medium were controlled and kept within an appropriate range; which was achieved with the addition of an artificial contaminant (clay) to the dense medium."

Jan 1, 2003

By Paolo Bevilacqua, Paolo Antonini, Lorenzo De Lorenzi

"Ceramic production requires large quantities of K-feldspar, which is commonly sourced from granites, alkali-granites, and feldspathic sands. These rocks contain other minerals, such as quartz and plagioclase, which are undesirable for ceramic production. Due to the coarse mineral grains that constitute these rocks, a reasonable liberation is achieved at a relatively coarse particle size.The feasibility of feldspar-quartz separation using a dynamic dense medium separation system has been investigated as an alternative to flotation techniques. The use of a two stages cylindrical vessel (Tri-Flo) was preferred to a conical vessel, due to the improved separation efficiency.In a full-scale processing plant, a dense medium separation process can be used as a K-feldspar preconcentration step. This reduces the amount of material to be treated in the more expensive processes, such as finer comminution, flotation or magnetic separation.A comparison between commercial raw materials for the ceramic industry and the “rich in feldspar” products of the Tri-Flo process is reported, and the validity of the process is demonstrated."

Jan 1, 2003

By M Hourn, G Anderson, V Lawson, P Voigt, D Mallah

As mine head grades decline and orebodies become more complex, traditional mineral processing techniques and flow sheets to achieve saleable concentrate become more difficult to design and construct. Mines with lower quality concentrates or concentrates with penalty elements are particularly under threat. The economics of such operations are far more susceptible to metal price fluctuations, concentrate treatment terms and the availability of other, cleaner concentrates. Additional value may be realised for these orebodies through improved recovery by producing a low grade middling concentrate for further processing, in conjunction with a saleable concentrate.The most economic effective way to reduce impurity levels is to do so as early as possible in the mining value chain. Technologies such as fine grinding and fine particle flotation are well established as effective methods for impurity rejection in mineral processing. What is often overlooked is how a hydrometallurgical process could also be integrated in the overall flow sheet to achieve higher overall recovery at the mill. In the base metals environment, this is probably because hydrometallurgical processes are associated with production of metal, or require the use of expensive and toxic precipitating agents once the minerals of interest are in solution. These processes can be very expensive, particularly with rising power costs and poor economies of scale in capital costs associated with low production rates from middling streams. Glencore Technology (GT) has recent experience in the treatment of middling and low grade concentrate streams and also tailings streams to complement a concentrator flow sheet in a refractory gold and base metals setting. The value proposition is the isolation of a low grade middling concentrate from the primary circuit or the tailings stream for upgrading to an intermediate product with an equal or higher grade than the primary concentrate to allow blending for sale. This allows the plant to operate on a more favourable part of the grade-recovery curve while avoiding the expense of metal production. For existing operations this is particularly attractive since it can be added to the flow sheet with no process interruptions. Two case studies are examined showing flow sheets and costings to arrive at the value proposition of the GT low grade treatment flow sheet.CITATION:Voigt, P, Hourn, M, Lawson, V, Anderson, G and Mallah, D, 2017. Economic recovery and upgrade of metals from middling and tailing streams, in Proceedings MetPlant 2017, pp 289–297 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 11, 2017

"As mine head grades decline and orebodies become more complex, traditional mineral processing techniques and flowsheets to achieve saleable concentrate become more difficult to design and construct. Mines with lower quality concentrates or concentrates with penalty elements are particular under threat. The economics of these operations are far more susceptible to metal price, concentrate treatment terms and the availability of other, cleaner concentrates. Additional value may be realised for these orebodies through improved recovery by producing a low grade middling concentrate for further processing, in conjunction with a saleable concentrate.The most cost effective way to reduce impurity levels is to do so as early as possible in the mining value chain. Technologies such as fine grinding and fine particle flotation are well established as effective methods for impurity rejection in mineral processing. What is normally overlooked is how a hydrometallurgical process could also be integrated in the overall flowsheet to achieve higher overall recovery at the mill. In the base metals environment, this is mainly because hydrometallurgical processes are associated with production of metal or use of expensive and toxic precipitating agents once the minerals of interest are solubilised. These processes can be very expensive, particularly with rising power costs and poor economies of scale in capital costs associated with low production rates from middling streams.Glencore Technology (GT) has recent experience in the treatment of middling and low grade concentrate streams as well as tailings streams to compliment a concentrator flowsheet in a refractory gold and base metals setting. The value proposition is the isolation of a low grade middlings concentrate from the primary circuit or the tailings stream for upgrading to an intermediate product with an equal or higher grade than the primary concentrate to allow blending for sale. This allows plants to operate on a more favourable part grade-recovery curve while avoiding the expense of metal production. For existing operations this is particularly attractive since it can be added on with no process interruptions.Two case studies are examined showing flowsheets and costings to arrive at the value proposition of the GT low grade treatment flowsheet."

Jan 1, 2017