Search Documents

By Graham A. Davis, Michael Samis

The dramatic fluctuation in metal and energy prices in the last few years is causing mining companies to consider alternative analytical methods for mine design and valuation. The goal is to improve insight into unforeseen changes in the economic and project environment and to design projects that take advantage of management's ability to respond to these changes. Such flexibly managed projects will contain value that cannot be measured using traditional engineering economic approaches, further motivating the used of alternative, modern valuation methods. This paper considers the valuation of an uneconomic low-grade resource at an open pit gold mine using two of the most popular modern valuation methods, Dynamic Discounted Cash Flow and Real Options. Our analysis demonstrates that the conventional valuation method may incorrectly represent the value and risk attached to mining this type of resource because it is unable to recognize management's ability to respond to future events in a manner that minimizes losses and exploits advantageous business conditions. The results of this paper highlight the importance of recognizing flexibility and business uncertainty in both mine design and valuation.

Jan 1, 2003

By H. Wilton Clark

"IntroductionTHE CANADIAN use of short-period delay-action detonators in coal shooting has been carried on for about two years, mostly in British Columbia, and this is a preliminary report on progress to date. Entire coal faces are being shot successfully with one application of electric current.The electric blasting cap came into use about the beginning of the century. The low-tension electric cap, the type most commonly used, consists essentially of a metal tube containing an initiating explosive. Two wires lead into the end of the cap and are connected inside the cap with a short 'bridge wire .of very high resistance. This •bridge wire is buried in a match-head of a readily ignitable powder composition. When current goes through the lead wires, the bridge wire becomes extremely hot and sets• off the match-head which, in turn, ignites the powder just below it in the tube. This explosion sets off the main charge of explosive. Thus, by connecting a group of caps to a source of electric .current, a number of charges could be exploded simultaneously. This immediately became of great value to mine and quarry operators. Explosives could now be used to break up large masses of material at one time, as against the older, slow method .of blasting small amounts with single charges.The next step was to develop a delay detonator which would allow charges of explosive to fire one after the other, one or two seconds apart. Such detonators allowed first blasts to relieve some rock burden before the next charge fired, giving the second charge an easier task in forcing out more rock, and so on for the rest of the series of charges."

Jan 1, 1953

By A. P. LeBis

This article attempts to relate the concept of utility to the risk involved when only a small number of projects (compared to their probability of occurrence) are accessible to a firm and to quantify utility when other financial and physical parameters are known.

Jan 1, 1978

By J. Mullins

Coal was first banked by the Dominion Coal Company, Limited, in 1898, near No. 2 Colliery, the same site as is presently used for that purpose. Though today there are banks at Glace Bay, Sydney, and Sydney Mines, these notes, except when otherwise desirable, will be confined to describing the practice as developed at the No. 2 Banking Station, Glace Bay, as being typical of methods obtaining at all sites. Storing The manner in which the coal was piled is illustrated diagrammatically in the accompanying sketch. A train of coal was brought on the main trestle, which extended the full length of the banking ground at a height of 22 to 39 feet above the natural surface, and dumped into bins which were integral with the trestle work. Chutes from these bins permitted the coal to be fed into 3-ton cars, which were horse drawn laterally on narrow gauge tracks laid about 10 ft. centres, to a maximum distance of 400ft. from the trestle. These cars were end-dump and as the pile extended laterally the narrow gauge tracks were lengthened by shorter or longer filling pieces, so that their ends were always kept at the brow of the bank. Much coal, however, had to be dumped directly on the tracks and hand trimmed to fill the valleys, and level off, between the tracks.

Jan 1, 1931

By Ma Yuxin, Niu Fusheng, Yuan Zhitao, Bai Limei, Han Yuexin

"Using batch flotation experiment, contact angle measurement, particle size analysis, and scanning electron microscope (SEM), the influence and difference of pH value on the flotation rate of talc and chalcopyrite were investigate without collector at the pH range of 3~11. The results showed that, the flotation rate of talc decrease with the increasing of flotation time, while that of chalcopyrite hardly affect by flotation time, besides, the flotation rate of chalcopyrite is much less than that of talc, so the laws of flotation rate of the two minerals are independent of pH value. The flotation test data of two minerals are simulated with first order and multi-rate flotation kinetic model respectively. The simulation results showed that flotation of talc only meet the first order kinetic model, while chalcopyrite’s meet the both. In addition, According to test results of talc and chalcopyrite by the particle size distribution, SEM photographs and the contact angle measurement, the reason why talc did not conform to the first order kinetic model is not because of particle size distribution, but of particle shape. That is to say, because of sheet structure of talc, the contact angle of layers and sections are 74°and 52°respectively. At the same time, the contact angle of layers and sections are different between the particles. So flotation rates between talc particles are difference.INTRODUCTIONPossessing superior self-induced, collector-induced and sulfur-induced floatability, chalcopyrite exhibits good floatability at a wide range of pH values and potentials. Serpentine are regarded as the most difficult selected type in various chalcopyrite ore, and the predominant reason is that it contains talc. Talc, as a nonpolar layered silicate mineral, is one kind of common associated mineral in sulfide ores (Lu, 2010). Concentrate quality and flotation process of chalcopyrite are influenced as a result from the presence of talc. It is because that talc has inherent floatability which makes it readily mixed with the floated mineral and talc is easy to slime causing the slime coating of the valuable mineral (Beattie et al., 2006). Thus in order to improve the flotation effect of chalcopyrite, methods can be introduced from two respects. One method is that fast-floating talc mineral is floated preferentially, and the other is that sulfide mineral is floated prior to talc by depressing the flotation of talc mineral (Beattie et al., 2006), nevertheless, no matter with which the flotation effect of fine-sized chalcopyrite is not positive. Therefore, in order to realize the flotation separation of talc and chalcopyrite, the difference between the inherent floatability of fine-sized chalcopyrite and talc is researched and analyzed in terms of flotation dynamics in the absence of collector and frother."

Jan 1, 2016

By I. Yutronic

Compañía Minera Doña Inés de Collahuasi's (CMDIC) Concentrator Plant is located at 4300 meters above sea level, approximately 2000 kms north from Santiago, Chile. The concentrator has three grinding lines. Each one, Lines 1 and 2, have one SAG mill at the primary grinding stage followed by a secondary grinding and classification stage consisting of one ball mill, two hydrocyclone batteries and a sump with two pumps. Line 3 has one SAG mill (Gearless Mill Drive), followed by a secondary grinding and classification consisting two ball mills, four hydrocyclone batteries and a sump with four pumps. Average throughput for these three lines is 150 Ktons per day. Peak values of 180 ktons per day have been achieved. Since late 2008 and throughout 2009 and 2010, Operations and Automation areas developed an optimization program for the grinding process, considering the implementation of Model Predictive Controllers (MPC) for the three SAG mills, and later, extending MPC to the secondary grinding and classification stages. The implementation of a MPC solution was based on stability considerations (high variability of the SAG process, high interaction between sump level control and classification efficiency, etc), requirements for an automated and consistent operation, the need to maximize throughput under timevarying scenarios and, in the long term, optimization of grinding process considering Specific Energy Consumption, among other parameters. MPC solutions had proven control robustness and strong optimizing capabilities in terms of helping in discovering new operational points and so achieving all of the aforementioned goals. On the first stage of the program, MPC implementation considered identification of dynamical process control models based mainly on historical data, in order to know the impact of a group of Manipulated Variables over Controlled Variables. Also, the impact of measured Disturbance Variables was modeled in order to take into account the high impact and interaction of these variables over the processes. At the end of this stage, 4 controllers were successfully operating for the 3 SAG mills and the secondary grinding and classification process. In response to challenges made by the working group, the second stage of the development of control applications in the grinding process required to achieve a design and implementation of a solution capable of governing the milling process, in addition to stabilization and optimization of both processes (SAG milling and secondary grinding), to integrate from a point of view of process control and automation. Therefore, in the second stage, MPC performance was continuously monitored and optimized through advanced tuning, inclusion of more process models (with proper step tests), redefinition of specific optimization criteria and adjustment to new process needs. Finally, successful MPC implementation at Collahuasi has proved that fast development and deployment of process control solutions is possible and allows immediate process stability, higher throughput, specific energy consumption reduction, and successful product size control, among many others.

Jan 1, 2012

By C. S. Parsons

Ore-Testing laboratories are maintained by the Mines Branch, Department of Mines, at Ottawa for the purpose of conducting experimental test and research on ore treatment. Sample shipments of a few hundred pounds to car-load lots of Canadian ores are received on application for experimental tests, and all possible methods of treatment are investigated. Reports are issued to the shipper, containing the results, with recommendations as to the most economical method of treatment. These reports have been of valuable assistance to mining companies in the preparation of plans for the design and equipment of their treatment plants. Investigations have been conducted on ores and metallurgical products from all parts of the Dominion. The ores from practically every producing mine and important mineral occurrence have been investigated in these laboratories.

Jan 1, 1931

By E. Sharifi, B. Komishke, R. Heffel, D. Schwartz

"The oil sands resources in Canada are one of the world’s largest hydrocarbon deposits. Processing of oil sands uses hot water to extract bitumen. The process generates tailings slurry that must be settled for final deposition. The tailings contain fine material, with poor water release characteristics which makes water recovery challenging. Polymer flocculants are added to assist in settling and dewatering the fine tailings. The amount of polymer addition is dependent on tailings characteristics, including the particle size distribution (PSD). If the PSD of the tailings is unknown, an excess amount of polymer needs to be added in the dewatering stage to flocculate the particles. Over flocculation also has a detrimental effect on the water release characteristics. Measuring the particle size distribution using an on-line analyzer could have major benefits over common laboratory methods as it provides online and fast insight into the process enabling the operators to implement required changes to minimize the reagent consumption, while achieving optimal flocculation. Online measurement of PSD using laser diffraction has long been used in base metals beneficiation processes. A series of test work using Outotec PSI500® particle size analyzer on oil sands samples from different operations have been conducted. Tests were performed by recirculating the slurry in closed circuit to simulate real plant conditions. This paper presents a summary of the results.INTRODUCTION Canada’s oil sands are the third largest reserves of crude oil in the world, with an estimated 165.4 billion barrels of recoverable oil (Government of Alberta 2016). Oil sands are a mixture of sand, water, clay and bitumen. Bitumen is a form of oil that is too heavy or thick to flow or be pumped without being diluted or heated. About 20% of bitumen reserves are close enough to surface to be mined. In mining methods, oil sand is transported from an open pit mine to the processing plant and bitumen is separated from solids and water. The separation process involves ore preparation, such as addition of hot water, steam and caustic (NaOH), followed by gravity separation and froth treatment (Masliyah et al. 2004). A general scheme of the extraction process is presented in Figure 1."

Jan 1, 2018

By G. Paillard, I. E. Puddington, A. F. Sirianni, F. W. Meadus

Experiments with some selected Nova Scotia coals and a single sample of American anthracite, reconstituted in granular form with lower sulphur and ash contents by spherical agglomeration methods, are described. The effect of different bridging liquids, grinding times, gangue depressents and modes of agitation on the final product are discussed. The application of agglomeration techniques as a means of drying wet coal fines is also noted.

Jan 1, 1968

By W. Standifird

"Cohesive fracture is a mechanical model widely used for modeling quasi-brittle fracture in rocklike materials. This work discusses use of this model to simulate quasi-brittle fractures generated by injection stimulation during the process of cuttings reinjection in West Africa. Cuttings reinjection is an engineering practice used for disposal of drilling waste. During this process, hydraulic fractures are created at the target formation and milled cuttings are injected with fluid. In practice, this process must remain in compliance with environmental regulations and zero-discharge policies. The purpose of this study is to determine the following factors of injection design for a field in West Africa: (1) pumping pressure capacity required to successfully perform the injection and (2) the injection rate for injection performance and the value of fracture width under injection.A simplified three-dimensional (3D) finite element model (FEM) was built. A poroelastic plastic damage model was used for simulation of the cohesive crack prorogation within the target formation. For simplicity, fracture development in both horizontal and vertical directions was simulated separately. In this way, the computational burden for one calculation was reduced to a reasonably low level, without losing accuracy of the model. Loads of the model include fluid injection and gravity, which balances the initial geostress field. Various values of injection rate were used in these calculations to determine the most reasonable value of injection pressure. The capacity of pressure of a pumping device was determined using this optimized value of injection pressure.Results in values of width and length of fractures created by the injection are presented. Injection pressures at bottom-hole (BHP) corresponding to each value of injection rate are also given. Numerical results for fracture generation and propagation in a horizontal direction were visualized. The pumping pressure capacity required to fulfill the cuttings reinjection work was determined based on the numerical results of optimized injection rates and pressure. The fracture width was determined using the given pumping pressure. The length and height of the fractures was determined using pumping pressure along with the required volume of cuttings waste to be disposed of into the formation.This work presents a case study of 3D finite element modeling of hydraulic fracturing generated by cuttings reinjection. The results of the optimized injection rate and pressure provide a best practice and a useful reference for cuttings reinjection analyses in this region."

Jan 1, 2015

By A. S. Knight

THE breaking and handling of ore is obviously the most important consideration when the layout of a new mine is contemplated. The problem must be attacked with due regard to the claim area of the property, the dip of the orebody, the anticipated percentage of payability, the width of the reef, and the amount of dislocation anticipated by dykes, faults, or sills. Among these, as far as East Geduld is concerned, the three most important items are: Area. 2,640.5 claims. Average dip 12° (from flat to 35°) Average channel width 36 inches. We are fortunate on the Witwatersrand in 'chat there is usually sufficient information available from surrounding properties to determine, within narrow limits, the factors mentioned above. With this information avail-able, the choice of layout is not limited, and it will be found that on the Witwatersrand each group has developed its own technique to suit its individual requirements. On East Geduld, the layout of the property for handling ore is known as the endless-rope haulage system. Following is a brief description of the general principles followed.

Jan 1, 1942

The 14MW SAG mill at Tarkwa, Ghana, experienced a frozen drop charge incident on 10 February 2010. This caused downtime of 112 hours, a repair cost of $200k and production loss of 162,000 tons, corresponding to a loss of $8.9M. A new locked charge protection system was installed on the two Tarkwa mills on 30 July 2010, mitigating this risk. This system calculates the ore angle in real time while the mill is starting up and trips the mill if the ore angle exceeds a trip angle setting. The calculation of the ore angle is derived from the mill motor rotor currents only - no mechanical transducers are required. The head of Gold Fields West Africa, Peter Turner, says of the new system: "This is excellent work and the type of technology that has had and will continue to have, major opportunity cost impacts on our business."

Jan 1, 2012

By W M. Cameron

Geophysical studies have extended seaward in recent years, and the important discoveries which have been made have led to a better understanding of geological processes. A present source of certain minerals, the sea will eventually serve as an important source of desalinated water. The continental helves, in particular, represent a potential mineral resource. The expansion of Canadian oceanographic effort that is now underway will eventually lead to the exploitation of the wealth beneath the sea. THE subject of this symposium, which emphasizes the word "geophysics," the specialties of the speakers who are contributing and the nature of the audience at first made me believe that I, a a physical oceanographer, would be out of place. However, I shall undertake to classify myself as a geophysicist, and shall arrange my remarks on my specialty o that they might be of interest to those of you who are predominantly geologists, metallurgists or mining engineers.

Jan 1, 1963

By B. C. Legg, G. L. Tiley

"Many of the ore bodies presently being developed are in remote locations and are, or will be, served by electrical power supply systems of limited capacity.The largest single components of the electrical systems of an underground mine are usually the production hoist drives; the power demands of these drives vary continuously throughout each hoisting cycle.Before 1970mine hoists were driven by either wound rotor induction motors or DC motors in conjunction with motor generator sets.Static Power conversion equipment now costs less to purchase and install and is claimed to be more efficient than motor generator sets. On the debit side, however, it can adversely affect the hoist motors, it operates at relatively low power factors, and it produces harmonic currents.This pa per discusses the effects of static equipment on both DC motors and AC power systems, and evaluates the relative consumption of the three classes of drives."

Jan 1, 1993

By B. A. Monkman

"IntroductionONE OF :THE most effective methods by which the construction industry is combatting mounting building costs is by making increased use of lightweight materials, thus reducing the dead load to be carried •by structures. This applies to non-metallic materials as well as to metallic ones, and particular attention has been given to developing lightweight aggregates for use in concrete.The use of lightweight aggregates is not new and, in fact, dates back to the Roman Empire, when pumice was used in the walls and domes of the Roman buildings. More recently, and up to a decade or so ago, the demand for these aggregates was met from deposits of volcanic cinders, pumice, scoria, etc., and from the by-products of blast furnaces and coal burning boilers. However, these sources of supply are no longer sufficient to meet the demand, for transportation costs pretty well restrict the use of the natural lightweight aggregates to the western cordillera regions where the deposits of these materials occur, and the use of expanded slag aggregates to the areas neighbouring the plants where slags are produced. As for cinders, the supply has been greatly reduced by the conversion of industry to fuel oil, natural gas, and powdered coal, and the large stockpiles which existed previously have been pretty well exhausted.Industry's approach to the problem of a decreasing supply, in the face of an increasing demand, has been characteristically direct. The solution has been to construct plants whose sole .purpose is to produce economically an acceptable light-weight aggregate from materials close at hand."

Jan 1, 1955

By A. O. Dufresne

The mineral wealth of pre-Cambrian rocks in Canada has been the subject of much study by geologists and engineers (members of this Institute), particularly so in the past few years, following discoveries of mineral deposits in areas far a part. This interest is well worth sustaining knowing the numerous rich producing mines within the pre-Cambrian formations, and the vast area covered by its rocks throughout this country. The pre-Cambrian has yielded minerals, both metallic and non-metallic; of these a much diversified list could be made. In more than one district we can point to mining as being responsible for the opening up of new sections, attracting a population into regions which otherwise would have remained virgin land of little commercial value. In these pre-Cambrian formations are found the rich copper deposits of Michigan, producing without interruption since 1845, and from which seven billion pounds of copper has been won; while in Minnesota and the adjoining district, at the head of Lake Superior, are mined iron ores which have rendered possible the great steel manufacturing industry of United States, the base of the economic structure of that wealthy country. The pre-Cambrian has given Canada the nickel-copper mines of the Sudbury district, the silver deposits of Cobalt and the gold camps of Porcupine and Kirkland Lake. With all of these our members are familiar; and it suffices to mention them to bring to mind pictures of the wealth and 'the growing population, in a word the importance of mining in?those sections of the country.

Jan 1, 1926

By J. Bakos

Solar Hydrogen Energy Corporation (SHEC Labs) recently constructed a pilot-plant to demonstrate a Dry Fuel Hydrogen Generation System that is powered primarily by sunlight focusing-mirrors. The pilot-plant consists of: A Solar Mirror Array and Advanced Solar Concentrator and Shutter System; and two thermo-catalytic reactors to convert Methane, Carbon Dioxide, and Water into Hydrogen. Results from the pilot study show that Solar Hydrogen generation is feasible and cost-competitive with traditional Hydrogen production. More than 95% of Hydrogen commercially produced today is by the Steam Methane Reformation (SMR) of natural gas, a process that liberates Carbon Dioxide to the atmosphere. The SMR process provides a net energy loss of 30 to 35% when converting from Methane to Hydrogen. Solar Hydrogen production provides a 14% net energy gain when converting Methane into Hydrogen since the energy used to drive the process is from the sun. The environmental benefits of generating Hydrogen using renewable energy include significant greenhouse gas and criteria air contaminant reductions.

Jan 1, 2005

By C. Liu

Corrosion behavior of the stir zone in a friction stir weld of dissimilar A12024/AZ31 alloys was investigated in the immersion test in distilled water (pH=6) for different times. Microstructures and the distribution of chemical elements were analyzed by scanning electron microscopy (SEM) and energy dispersive X-ray spectroscopy (EDS). Due to the difference in the corrosion potentials between A12024 and AZ31, the AZ31 alloy constituent in the stir zone was susceptible to the corrosion attack in the distilled water. The corrosion attack was found to occur in the narrow region of the AZ31 alloy adjoining the A12024 region, where there was a low ratio of anode-to-cathode surface area. The corrosion attack became more severe in the AZ31 alloy regions with increasing immersion time. The A12024 alloy region in the stir zone of the weld was protected by cathodic reactivity due to sacrificial anode AZ31 alloy.

Jan 1, 2007

By Morgan Schauerte, Laura Raimondi, Mariel Palomeque

Executives in the mining industry are facing dramatically changing market expectations on reporting and transparency regarding the environmental and social impacts of projects, supply chains and products. Companies increasingly need to disclose the governance procedures they have in place to ensure communities, investors, employees, and Indigenous partners are effectively managing social and environmental risks. These disclosure requirements begin during exploration and carry through to all stages along the project life cycle. This type of environmental, social and governance (ESG) disclosure is referred to as ESG performance by the investment community. ESG is not a new concept, and it builds on and is intertwined with many concepts such as corporate sustainability, corporate social responsibility, eco-efficiency, triple bottom line thinking, life cycle management and many others. This paper will explore how mining companies can develop a credible ESG governance approach and strategy that will reduce risk, open opportunities, and create value. This paper will summarise ESG trends and drivers, discuss the economics and investors’ perspective towards ESG, and outline leading ESG standards and guidelines of interest to investors, regulators, communities and other stakeholders. Linkage of ESG to global sustainability efforts such the United Nations Sustainable Development Goals and Global Compact will also be addressed.

Jan 1, 2023

The paper will cover the basic reasons for alkaline leaching, a brief description of the circuit and the reasons for the flowsheet used. Changes made to the flowsheet, including the use of mechanical agitation of pachuca slurry, the use of oxygen and its effect on extraction, the use of lime and its effect on process economy, and the environment, will be described. A brief description of a unique semi-autogenous mill and future circuit changes will be included.

Jan 1, 1979