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By L. Kilburn

"A survey of 281 mineral exploration agreements examines the ratios among three ways that may be used to purchase an interest in a mineral property, viz: pay cash, pay shares and make future expenditures on the property.The dollar value of the future expenditures exceeds that of cash or shares by about nine times in most of the 110 agreements that contain cash-expenditure or share-expenditure components. Results suggest that cash and shares are treated about the same in terms of value.Buyers and sellers have opposing priorities for the way that they prefer to purchase a mineral property. These opposing priorities should give rise to a perceived 50:50 balance between cash/share payment and future expenditures to satisfy the idealized situation described by most definitions of fair market value (FMV). This balance between cash/share payments and future expenditures appears to be rationalized in negotiations to a FMV when expenditures are nine times greater than cash and/or payments.On this basis, it is proposed that the FMV of a property may be determined by aggregating the dollar amount of the cash/share payments plus one-ninth the dollar value of future expenditures, as set forth in the respective purchase agreement, and proportionately applying such aggregate to full property value."

Jan 1, 2005

By S. R. Steinacker, H. Schnideritsch, J. Antrekowitsch

Primary copper industry flue dust plays an increasingly important role in the creation of matte and slag. From a thermodynamic point of view, the chemically formed section of fine particles play a techno-logically interesting role in comparison to the mechanical carry-over. Here, the volatilization and the sub-sequent condensation in the off gas system lead to a characteristic distribution of the contained elements which are represented by various compounds of desired metals like zinc and lead. On the contrary, certain undesired components such as arsenic, bismuth and cadmium accumulate within the product as well. This paper describes existing models and theories concerning the formation of flue dust in the copper smelting process and presents a thorough investigation of the physico-chemical fundamentals by verifying assump-tions with thermodynamic calculations. By fully understanding the formation patterns at different stages and temperatures within the process, better knowledge for flue dust in the first step of the pyrometallurgi-cal copper smelting can be obtained - hence leading to new ideas and incentives for the following stages in the copper production cycle.

Jan 1, 2015

By L. C. So, S. Faucher, S. Mostaghel, D. Sauter, S. -Y. Oh, S. K. Lee

"Molten material from pyrometallurgical furnaces is tapped at high temperature, carrying a large amount of heat. Traditional handling methods of slow air cooling or water granulation do not allow for the recovery of heat from slag and matte. Furthermore, water granulation adds an inherent safety risk of explosions. Recently, there have been numerous studies into processes attempting to recover waste heat. However, most of them have never been commercialized due to numerous challenges including scalability, cost, low heat recovery efficiencies, and difficulties in heat utilization. Ecomaister-Hatch has recently developed and commercialized a reliable and simple dry atomization system that allows for heat recovery while eliminating the use of water. Comparisons of pilot and commercialized dry atomization and heat recovery technologies will be presented and challenges of these technologies will be highlighted.INTRODUCTION Slag has traditionally been regarded as an undesired waste product from smelting operations with slag management focused on removal and disposal of “waste”. Over 500 million tonnes of slag are produced per year, carrying with it ~220 TWh of energy (Barati, Esfahani, & Utigard, 2011). Depending on the process, the energy content of slag ranges from 10-90% of the total energy input (Barati, 2011, Rodd, 2010). There has therefore been great interest in recovering energy from slag. Slag handling methods can broadly be classified into three categories: (1) dumping and slow cooling, (2) wet granulation and (3) dry granulation. As discussed below, only dry granulation routes are amenable to heat recovery. Slag dumping involves the slow cooling of molten material and crushing of the resulting solid. In this process, slag is dumped on the ground directly from furnaces or transferred to slag pots that are moved by rail or haulers and then dumped on the ground. The molten material is left to cool and solidify until it can be broken and handled by heavy machinery."

Jan 1, 2017

By R. G. Helberg, S. M. Rebelo

"Copper and cadmium are removed from the zinc sulphate solution in primary purification by cementation reaction followed by filtration. The solids are sent to the cake leach section where zinc and cadmium are recovered from the copper rich slurry. The copper solids from cake leach are filtered, bagged and sold. In order to achieve a lower cadmium copper cake, an altered process flow is suggested. It is proposed the primary purification be split into two steps for individual removal of copper and cadmium. INTRODUCTIONCopper cake is a product of primary purification, also known as copper and cadmium removal. Copper and cadmium are removed by cementation reaction in four stirred reaction tanks. The slurry is then filtered through Shriver manual plate and frame presses with the solution advancing to the next stage of purification, hot zinc purification (HZP). The solids from primary purification are further processed at the cake leach section where zinc and cadmium are separated from the copper rich slurry. Cadmium and zinc are dissolved in the cold cake leach tanks using spent electrolyte. Cadmium is recovered from this cadmium rich solution by cadmium sponging, leaching and electro-winning circuits. The residue from this cold leach step is further leached using spent electrolyte at a temperature of 85°C. The copper rich solids from hot cake leach are filtered on a drum filter and bagged in 1 ton bulk bags for shipping to buyers.Current assays of copper cake are shown in Table 1. The goal is to produce a copper cake product that is below 0.5% cadmium."

Jan 1, 2012

By V. G. Papangelakis, J. E. Dutrizac, G. Azimi

A new model capable of predicting the solubility of calcium sulphate solid phases in zinc sulphate processing solutions from 25 to 95°C was developed. The model uses the Mixed Solvent Electrolyte (MSE) model of the OLI systems software to calculate the mean activity coefficients of the electrolyte species. The model was tested using recently developed experimental measurements. It was shown to predict accurately the solubility behaviour of calcium sulphate in multi-component zinc processing solutions containing ZnSO4, H2SO4, MgSO4, MnSO4, Fe2(SO4)3, Na2SO4 and (NH4)2SO4. The model can also explain the complex effect of coexisting metal sulphates on the solubility of the CaSO4 phases. The model is a practical tool for assessing the process chemistry of a wide variety of complex aqueous processing streams.

Jan 1, 2008

By Lawrence Bragg

WE associate metals with hardness, toughness, and strength. But a curious paradox lies at the root of the valuable mechanical proper-ties of the metallic state: in order to be strong, a metal must be weak. This paradox, and the equally surprising fact that, in a sense, metals are not true solids at all, are among the topics here discussed by Sir Lawrence Bragg. (1) WHAT METALS MEAN TO US We employ various materials to build or fabricate the many objects we use in everyday life, choosing those whose properties are most suitable for the purpose which the object has to serve. Certain of these materials have been used from the earliest times, such as stone, wood, leather, and animal or vegetable fibres, each with its own peculiar valuable properties. Stone resists crushing and is very durable and permanent, as indeed it must be, since it has so long resisted change as a part of-the earth's crust. It is there-fore ideal for walls and buildings, and very early in his history man discovered how to make artificial stones by burning clay, with the advantage that they could be given any desired shape, and made into bricks or given elaborate forms as pottery. Wood is strong and tough and light, it resists tension as well as compression, and is nor brittle like stone. It forms beams and furniture and parts of tools or weapons. Leather is tough but at the same time iris flexible; it is ideal as straps or sheers. Vegetable fibres such as linen or cotton, and animal fibres such as wool and silk, owe their value to their flexibility and strength in resisting extension. They can be spun into yarn or rope, and woven into cloth. The technological age in which we are now living is replacing the natural products used by early man by a series of artificial products, but it is remarkable to see how in nearly every case we are copying Nature's materials. The wide use of concrete represents a developed art of making artificial stone. Artificial fibres such as rayon or ?nylon replace cotton, wool, and flax. Plastics are coming very much to the fore; they correspond to early man's use of horn, another substance with peculiar properties of roughness in all directions without the 'grain' of wood. For the most part we are following in the footsteps of our remote ancestors, though we can make for ourselves what they had to cull from wood and field. There are exceptions; for instance, we have discovered comparatively recently the number of uses to which natural rubber can be put, and are now making it artificially. This is a really new discovery; our ancestors had nothing with such remarkable powers of elastic stretching without breaking, and resistance to being abraded.

Jan 1, 1943

By A. Idegami, M. Imamura, S. Heguri, Y. Ozaki

"Nickel powder can be produced by the reduction of a nickel ammine complex solution by hydrogen at high temperature and pressure. To minimize the deposition of fine nickel on the surface of the reactor and other equipment, seed crystals are added to the initial solution to promote nucleation of the nickel powder. Such seed crystals catalyze the precipitation of the nickel particles on the surface of the seed and enhance grain growth. In this study, nickel nuclei were precipitated by the addition of a polymer to the nickel ammine complex solution, resulting in the production of nickel powder. Thus, we herein propose a model that explains the effect of the polymer in the precipitation of nickel nuclei.INTRODUCTIONNickel powder is commonly produced via a hydrometallurgical process from the hydrogen reduction of a solution containing a nickel ammine complex at high temperatures and pressures, and this process was commercialized in the 1950s by Sherritt Gordon (Sherritt International, Canada, Benson & Colvin,1973; The Staff, Research and Development Division, Sherritt Gordon Mines, Ltd., 1958).In the above transformation, upon the injection of hydrogen gas into the solution, nickel is reduced as outlined in Equation(1), ultimately resulting in the production of nickel powder.Ni(NH3)nSO4+ H2?Ni+ (NH4)2SO4+ (n-2)NH3(n:2–6)(1)In this process, seed crystals are added to the reactor to suppress the precipitation of fine nickel (scaling) and to enhance nickel reduction (Benson & Colvin, 1973; Mackiw, Lin & Kunda, 1957). More specifically, iron sulfate and a small amount of dispersant polymer are added, which leads to the formation of nuclei. Upon subsequent hydrogen reduction, the reduced nickel can then be deposited on the nuclei, allowing nickel particle growth to take place. However, this results in iron contamination in the final nickel product, and so the use of pure nickel as a seed crystal is desirable to produce high quality nickel powders."

Jan 1, 2017

By S. McPherson, M. Chalkley, R. Ellenwood, W. Nicot

"The Moa JV was formed in December 1994 as a 50/50 joint venture between Sherritt Inc. and General Nickel Company S.A. of Cuba. The joint venture consists of the mine and Pedro Sotto Alba processing plant in Moa, Cuba and the Corefco refinery in Fort Saskatchewan, Alberta, Canada. Throughout its now nearly 23-year history, the Moa Joint Venture has faced a number of global, operational and process challenges. Global challenges have included high input costs such as for fuel oil and sulphur, as well as low nickel prices. Operational and process challenges have included increasing ore haulage distances, decreasing ore Ni + Co grades, and increasing ore impurity contents. For example, increases in impurities such as Mg and SiO2 in the ore result in increasing acid demand in leaching and decreasing solids content of preheated leach feed slurry, respectively. In spite of these challenges, the mixed sulphide production capacity from the Moa Joint Venture has increased from 12,500 to 37,000 t/y Ni + Co since 1994 by judiciously targeting expansion projects and by continuously performing process and operational improvements.INTRODUCTION The Pedro Sotto Alba high pressure acid leach (HPAL) plant at Moa Bay, Cuba has a long history (Maslenitzkiy, 1969; Chalkley, 1996; Carlson, 1960; Roy, 1961; Carlson 1961). The plant was constructed by Moa Bay Mining Company and started up in late 1959 after several years of process development by Freeport Nickel Company, including operation of a 10 t/d plant in Hoskins Mound, Texas and a 50 t/d plant in Port Nickel, Louisiana (Southwick, 2004), as well as development work by Chemical Construction Company (Chemico) to precipitate metal sulphides (Roy, 1955a; Roy, 1955b). The Moa plant had an original reserve of 50,000,000 t of ore, graded at 1.35 wt% Ni, 0.146 wt% Co, 3.70 wt% Si, 1.00 wt% Mg and 4.5 wt% Al. At original design rates of 2,000 kt/y of ore, the design capacity of the plant was around 25,000 t/y Ni + Co as a mixed sulphide product, which would be shipped to the Port Nickel Refinery in Louisiana for processing. In 1960, the plant changed ownership and was restarted in 1961 under Cuban management. Between 1961 and 1989, the plant was also supported by involvement from the former USSR, supplying spare parts and consumables. In 1994, Sherritt Inc. partnered with the General Nickel Co. S.A. of Cuba and formed the Moa Joint Venture. This joint venture includes the mine and Pedro Sotto Alba HPAL processing plant in Cuba and the Corefco refinery in Fort Saskatchewan, Alberta, Canada. Under this partnership, ore is processed in Cuba to produce a nominally 55 wt% Ni and 5 wt% Co mixed sulphide product that is shipped to Canada and processed by Corefco to produce class 1 nickel, high grade cobalt and byproduct ammonium sulphate fertilizer."

Jan 1, 2017

By D. Bai, F. Hamad, S. Abraham

For the integrity of welded structures such as pipelines, the toughness of the heat-affected zones (HAZ) is an important property. This property is often specified in terms of Charpy V-notch (CVN) impact toughness and determined by the standard test method. An experimental study has been conducted in an industrial laboratory to measure the impact toughness of the coarse grain heat-affected zones (CGHAZ) of an X80 line pipe material. The field girth welding conditions in terms of heat input were simulated, together with special edge preparation to improve the targeted testing of the CGHAZ. The effect of toughness of the neighboring regions, in particular the weld metal, on measured impact toughness of the CGHAZ was investigated. The fracture paths of the CVN tested samples were examined by both optical and scanning electron microscopy. The deviation of segments of the fracture path into the weld metal was found to have a significant effect on the measured impact toughness of the CGHAZ.

Jan 1, 2005

By D. B. Dreisinger, M. R. Tavakoli

Vanadium has been produced from both primary and secondary sources having various compositions. Vanadium pentoxide and vanadium trioxide are the most available and known sources of vanadium oxides. In this paper, an overview of leaching both oxides has been reported. The problem of vanadium pentoxide leaching under acid conditions is the low solubility of the dissolved vanadium. This was investigated and then supplemented with further studies of leaching at mildly basic pH’s as well as under acid reductive leaching conditions (to form vanadium (IV)). Atmospheric oxidative leaching of vanadium trioxide was investigated using oxygen and ferric ion as the oxidant. It was shown that the leaching of vanadium trioxide using oxygen is very slow; however, ferric ion can dramatically increase the kinetics and leach efficiency.

Jan 1, 2014

By H. Groeneveld, C. A. Connally, P. J. Hoenmans, W. L. Mason, John J. Justen

"A miscible displacement pilot, using a slug of LPG driven by separator gas, was conducted in the Cardium Reservoir of the Pembina Field. The injection pattern was a 10-acre, inverted, isolated five-spot. Upon completion of the LPG-gas phase, an .experiment was conducted using a slug of water followed by gas. Calculated performance of the pilot is compared with actual performance. Equations are developed to cakulate the distribution of LPG into zones of varying permeability, to estimate the progress of the flood at different times in the various zones, and to estimate gas rates after breakthrough. The analysis indicates that permeability stratification was a dominant factor in con-trolling oil recovery and that oil was completely displaced from the swept pore volume. The results of the pilot indicated that miscible flooding is a practical means of pressure maintenance in this reservoir. The total recovery from the pilot area was good in spite of the early breakthrough of LPG. The effects of stratification were reduced by injecting a slug of water into the partially swept reservoir."

Jan 1, 1960

By E. E. Mason

THE Myrtle group of mining claims is situated on Barkerville mountain in the Cariboo mining district of British Columbia, west of the old mining town of Barkerville. An 1,800-foot adit, known as the Shamrock tunnel, was driven in 1935-36 from the Barkerville road and in the general direction of the Myrtle group. It was proposed to enlarge this adit to more convenient section, extend it 2,500 feet int0 Myrtle ground, and from there drive a main entry 3,000 feet along the length of the group. Several laterals were also to be driven off this main entry as part of the tunnel schedule. It was thus originally proposed to drive 5,500 feet of new adit and 1,800 feet of laterals, a total of 7,300 feet of new work. Work was commenced with a bulldozer on April 21st, 1941, cutting a bench on the hillside for a plant site. The power plant was ready for operation on August 8th. Slashing and re-timbering of the old adit rook longer than was expected. It was found that 57 per cent of the length required timbering, chiefly by fore-poling, and there was also trouble in several sections with swelling ground. First round in the new face was taken on September 17th, when a 2-shift daily schedule was commenced. Due to delays in delivery of electrical equipment, it was not possible to add the third shift until November 14th. From then on, a 3-shift daily schedule was maintained with the exception of holidays and fortnightly change Sundays until August 1st, 1942, when shortage of labour caused the dropping of a shift. All work was suspended on August 14th. The ground through which the tunnel passed was such that the driving was often interrupted by the need of protective timber at the face. Further, crews were continuously employed timbering behind the face, and in maintenance of timbered sections in swelling ground. Roughly 980 feet of the new workings are now timbered, about 21 per cent of the total.

Jan 1, 1942

By Lynn I. Kelley

Potash is the primary industrial mineral produced in Saskatchewan, followed, in terms of gross value, by aggregate, sodium sulphate, salt, potassium sulphate, peat, clays, silica sand, calcium chloride brine and "clinker." Potentially economic deposits of kaolin, diamond and building stone are under evaluation.

Jan 1, 2001

By Masahiro Eguchi, Giuseppe Granata, Chiharu Tokoro, Hiroki Fukuda, Yuichiro Toba, Shungo Hobo

"Currently, large amounts of wastewater containing boron are discharged from industries like coal-fired power plants. Although coagulation-sedimentation is widely employed for their treatment, only a little consideration has been given to its mechanism. An additional problem is that the produced sludge has poor solid-liquid separation. This study is focusing on coagulation-sedimentation using magnesium, examining the mechanism and improving the solid-liquid separation. First, the co-precipitation with magnesium hydroxide was conducted against high-concentration boron wastewater with 500 mg/dm3as B. Second, in order to improve the solid-liquid separation by maintaining high reactivity, low-crystalline magnesium oxide was synthesized from magnesium carbonate by calcination at 400–700°C. It was tested as an adsorbent of boron and compared to co-precipitation with magnesium hydroxide. Co-precipitation showed high removal capacity. X-ray diffraction (XRD) of the sludge revealed the presence of other compounds besides magnesium hydroxide. This result suggests that other processes play a role other than simple adsorption on to magnesium hydroxide, and provides a plausible explanation for the observed high separability. As for the adsorption, the synthesized magnesium oxide immobilized as much or more amount of boron than co-precipitation. Furthermore, the results of fourier transform infrared spectroscopy (FT-IR) suggested the residual magnesium carbonate improved solid-liquid separability due to its poor solubility.INTRODUCTIONBoron is used in various industrial applications. In glass industry, the addition of a little amount of boron into glass products can enhance heat-resistance and chemical-resistance. Semi-conductor industry also employs boron as dopant for silicon. From these industries, large amounts of wastewater containing boron have been discharged. Additionally, coal-fired power plants have been recently discharging highly concentrated boron wastewater because the amount of boron contained in coal has been increasing due to a gradual decrease of the quality of coal. Since boron is partially proved to be toxic for animals, plants, and human beings (WHO, 1998),the guideline of the World Health Organization limit the boron concentration in drinking water to 2.4 mg/dm3(WHO, 2009).Because boron does not precipitate from solutions by simply changing the pH, the removal could be carried by operations such as adsorption or ion exchange. However, since ion exchange is an expensive operation with relatively low capacity, it is not suitable to treat the large amounts of wastewater produced by heavy industries like the coal-fired power plants. Therefore, coagulation-sedimentation method is still widely used as a suitable alternative way."

Jan 1, 2017

By Edgar Dernedde

Cryolitic melts at a temperature of about 960 °C are used in reduction cells to dissolve alumina and to produce primary aluminium. At these temperatures cryolitic melts with an acidic composition have a significant vapour pressure, which contributes substantially to the evolution of fluorides from these cells, The Antoine equation is commonly used for relating vapour pressure data of liquids at different temperatures, It is also applicable to cryolitic melts, Published equations have at least 20 numerical constants, in order to allow for the effects of melt composition. In the present work a simplified equation with only 12 numerical constants was developed and is applicable for multiple additions to molten cryolite up to 30 wt %, The simplified equation was compared with the published equations of Haupin & Kvande and Gustaysen & Ostvold using 472 vapour pressure data of cryolitic melts. Results showed that the simplified equation has the same accuracy as the published equations in the composition range of interest to industry.

Jan 1, 2004

By Oliver B. Hopkins

"WE HAVE patterned our lives on the things we take from under the earth's surface. Our civilization is built upon the ore from which we obtain our metals and the fuels which power the world as we know it.Today I should like to discuss with you a newcomer to the ancient mining industry. This lusty infant of which I speak is just a century old - the oil industry.While one doesn't commonly think of oil men as delvers in the earth, It was by sinking a shaft that the first oil was obtained commercially in Canada. Men sank a shaft in a ‘gum bed' in southwestern Ontario's Lambton county, not far from Petroilia, and distilled from the gum a burning oil That was just a hundred years ago. The gum was originally liquid petroleum which had seeped to the surface and lost most of its volatile components.Later, the miners dug down to •bed-rock and soon after they were not digging but were drilling wells, as they have been ever since. From the wells they obtained erode oil.What is crude oil? It is not an element like gold, silver or lead, •but a complex mixture of compounds. These compounds are made basically from two elements, carbon and hydrogen, and are called hydrocarbons (Figure 1).The remarkable ability of these. Two elements to combine in different ways gives crude oil its physical and chemical character. The lighter hydrocarbon compounds in it are gases, at normal temperature and pressure, and these are dissolved in the other, heavier compounds."

Jan 1, 1952

By Arthur Grounds

Historical In the course of a paper which is necessarily limited in length, such as the present one, it is obviously impossible to describe in detail the history, development, and present position of coal preparation in Western Europe. Great Britain has been blessed with large deposits of excellent coal of nearly every type, ranging from the high-grade anthracites of South Wales, which are characterised by their very low ash and volatile con-tents, to the superb coking coals of South Wales and Durham -probably the finest in the world -with their low ash and sulphur contents, the latter constituent often well be-low l per cent. Gas coals abound in Lancashire and Yorkshire, while coals from the East Midlands, Northumberland, and Scotland are excellent for steam-raising and other industrial purposes. The excellent quality of these various coals has, in years gone by, ensured ready .sales abroad and it is not surprising, therefore; that methods of coal preparation were largely developed on the Continent in an endeavour to upgrade the inferior fuels found there, so that the prepared product could compete with British coals on the European market.

Jan 1, 1951

By T. Ivankina, T. Lokajícek, H. Kern, T. Svitek

The knowledge of 3D velocity distribution of P- and S-waves in rocks is very important parameter for interpretation and understanding the nature of seismic anisotropy observed in the earth’s crust and upper mantle. A new high-pressure measuring head was designed and constructed to enable ultrasonic sounding of spherical rock samples in 132 independent directions under up to 60 MPa of acting hydrostatic pressure by means of simultaneous longitudinal and transversal sounding. New measuring system enables ultrasonic sounding of spherical rock samples by using a pair of P-wave sensors and two pairs of perpendicularly polarized S-wave sensors (TV and TH) see Fig.1. Shear wave sensors polarization is oriented according to rotation axis of the sample. Special shear wave gel was used to transfer shear waves between the sample and sensors under acting hydrostatic pressure. An isotropic glass sphere was used to check and calibrate the new measuring setup. A spherical sample of a biotite gneiss from the Outokumpu scientific drill hole was used for testing measurement. There is shown that both, P- and S-wave velocities, can be measured simultaneously up to 70 MPa, respectively. We report data of the 3D velocity distribution of P- and Swaves measured for the first time on a sample sphere of biotite gneiss. We rely, in particular, on the directional dependence of compressional and shear wave propagation and their relationship to the crystallographic (CPO) and shape preferred orientation (SPO) of major rock-forming minerals. The 3D seismic measurements revealed a strong foliation-related directional dependence (anisotropy) of P- and Swave velocities. Ultrasonic measurements were compared with 3D velocity calculations based on neutron diffraction measurements of crystallographic preferred orientation (CPO) of major minerals. Comparison of 3-D velocity distribution (P, S1, S2 and S1-S2) determined by two completely different methods ultrasonic sounding and neutron diffraction is presented. Measurements showed that the intrinsic bulk anisotropy is basically caused by the CPO of biotite constituting about 23 vol.% of the rock.

Jan 1, 2015

By T. L. Sadlier-Brown, Andrew E. Nevin

"Common properties of commercial geothermal steam reservoirs are a magmatic heat source, the presence of water in vapour and liquid phases, and a surrounding seal of low permeability. The latter may be due to a combination of hydrologic load, argillic alteration and mineral precipitates. The temperature and pressure of vapour and liquid co-existing in equilibrium at maximum enthalpy may approximate 451°F and 450 psi. Steam reservoirs do not necessarily vent steam, but fluid which breaches and mixes with meteoric waters may emerge as hot springs. A systematic exploration program in Western Canada would involve a sequence of four stages utilizing geological, geochemical and geophysical techniques. The geochemical parameters of hot spring waters, such as silica, lithium and potassium content, give some indication of the basic reservoir temperature. The geology of Quaternary volcanics, including reservoir rocks, structure and rock alteration, is of prime importance. The costs of preliminary indirect methods are no more than those of oil and gas exploration; however, high temperatures compound drilling problems and costs. Exploration expenditures of twenty million dollars or so might be needed for a significant discovery. British Columbia and the Yukon Territory contain abundant Cenozoic volcanic rocks and over 50 thermal spring complexes (some with as many as 20 springs in one complex). Six regions are tentatively picked for exploration. Four regions coincide geographically with post-1980 electric power facilities and loads, and with possible alternatives such as potential dam sites. The Lillooet River region, Terrace region and Western Vancouver Island region have inferred potential for the existence of a plus-500-Mw geothermal reservoir. The Kootenay region may or may not have such potential. The Stikine River region has strong evidence of geothermal endowment, but the anticipated power market of the middle future might be only 30-50 Mw. The Whitehorse, Y.T., and Atlin, B.C., region has a belt of thermal springs and Recent cinder cones. The anticipated middle-future needs are real enough, but in absolute terms they are small, say 20-30 Mw. Legislation and policy on geothermal resource rights are lacking in British Columbia and the Yukon Territory at this time. As well as making policy, governmental organizations will play a significant role in geothermal development as buyers of steam or electricity. The role of industry is visualized as assuming the high-cost and high-risk exploration effort, provided the nature of this effort is understood by government."

Jan 1, 1973

By J. R. Porter, C. Panaou

"A significant effort is expended on preparation of the capital estimate for feasibility studies. The development of the operating cost estimate is usually allocated a significantly smaller budget and less emphasis is placed on ensuring the accuracy of the operating cost. This paper presents a comparison of capital and operating costs of hydrometallurgy processing plants in order to demonstrate the importance that variations in operating costs have on the overall life-of-mine costs. The analysis is supported by a case study on the operating costs of a water treatment plant at an existing Australian hydrometallurgy facility at the feasibility design level. INTRODUCTIONDetermination of the economic validity of a minerals processing project is a critical outcome of a feasibility study. In many cases, the financial results of the feasibility study will determine if the project should proceed to execution. Ensuring that these results are reliable and built upon sound engineering practices allows companies to make informed decisions on resource opportunities and the selected technology.The methodology for developing a capital cost estimate at the feasibility level is well established. Specialist engineering estimators use budget quotations, first principle estimation and rules-of-thumb to develop an estimate with an accuracy of typically -10% to +15%. Cost reporting software packages are used to methodically build up the estimate from design information supplied by the engineering disciplines. Risk analysis and capital expense workshops are carried out to identify potential deficiencies in the estimate. It is widely recognized that in order to successfully produce a feasibility level capital estimate with an appropriate level of accuracy, a rigorous development process is necessary.The development of the operating cost estimate is typically less rigorous than the capital cost estimate. The operating cost is normally derived by the process engineering discipline and rarely are specialist estimators used to support the development. The allocated budget for producing an operating cost is usually smaller and less emphasis is placed on ensuring the accuracy and contingency reflect the most likely operating cost scenario."

Jan 1, 2012