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By R. G. Burn

"A brief outline will be given of the concept of risk and its implications with regard to investment in exploration. The relationship between risk and decisions under uncertainty will be examined as a prelude to identifying those factors which contribute to exploration risks:consideration of the effects of corporate objectives (e.g. survival, expansion, diversification) on exploration strategy and ultimately on success or failure, exploration and mining as an investment (the relationship between risk and reward) and the desired return on investment; exploration odds, funding levels, staying power, financial exposure and the concept of gambler's ruin;origins of uncertainty in exploration decision-making-man-made risks and natural hazards; the nature of introduced constraints at each exploration decision stage and their effect on the rate of success;improving the chances of success and the invest reduction of risk through sound exploration strategy, effective project generation and efficient target detection capabilities."

Jan 1, 1984

By Nelson Rivera

El presente texto analiza la crisis económica y su relación con el Banco Minero. Para ello, se revisa las dos últimas recesiones económicas que tuvo el Banco entre 1975 y 1982, donde la crisis se agudizó por una caída en los precios de los metales y una inflación de costos que no pudo ser transmitida al precio de venta. Como consecuencia de ello, las empresas mineras que tuvieron préstamos, acusaron pérdidas en sus ejercicios e incumplieron en el pago de sus obligaciones. Como medida anti-crisis, el Banco Minero estableció comisiones de alto nivel para evaluar las situaciones y recomendar la dación de dispositivos legales que permitieron asistir a los Pequeños y Medianos mineros en la restitución de liquidez mediante préstamos sobre liquidaciones a precios deprimidos, Asimismo, generó la consolidación, refinanciación y moratoria de los clientes que estaban en suspensión de pagos de las obligaciones contraídas con el Banco Minero y la creación de líneas de crédito especiales para la Pequeña Minería.

Mar 1, 1985

By Larissa Koroznikova, Steve Durkin, Patrick Bouwmeester, Michael Tuck

In currently used mining methods, blasting techniques often causes dilution of valuable ore and results in costly processing requirements. In the context of narrow vein mining of thin and highly concentrated orebodies there is a need of a mining method that can reduce dilution in order to remain economically viable. This research project explored the viability of a new mining technology, thermal fragmentation, in narrow vein mining. Thermal fragmentation technology uses a flame jet to produce extreme heat that spalls the surrounding rock to a strategically located drill hole, as an alternative to traditional blasting. This paper creates a net present value (NPV) model of a mining method using thermal fragmentation, as well as for an existing method used for narrow vein mining; comparisons and evaluations were made regarding the feasibility of the new technology. It was found that while overall costs for thermal fragmentation were relatively high, reductions in wages, haulage and processing costs, as well as increased productivity and ore recovery, meant that the new method would improve the financial performance of any operation. These results identify that there is an opportunity to introduce the thermal fragmentation technology to narrow vein mines within Australia, in order to lower costs and increase profit.

By H. P. Hermance

Preliminary examinations of the Parker and Webb deposits were made by E. E. Maillott, Bureau of Mines engineer in July 1942. The chemical and spectrographic analyses included in this report wore made at the Eastern Experiment Station of the Bureau of Mines at College Park, Md., under the general supervision successively of S. M. Shelton and of Paul M. Tyler, formerly regional engineer, Eastern Region. Beneficiation tests were conducted under the supervision of Frank D. Lamb. The mineral exploration was under the general supervision of J. D. Bardill, formerly district engineer. Acknowledgment is gratefully made to the St. Joseph Lead Co., in particular to John S. Brown and P. J. Mechin for their assistance. Special acknowledgment is made to the American Metal Co., Ltd., ,Ind to T. C. Moore for furnishing core-drill and assay data; to the Universal Exploration Co. and P. B. Jennings; and to the Northern New York Mining Corp. and C. H. Sprague for their permission to publish the core-drill dta. Excellent cooperation was given by Dr. W; M. Agar and C, L. Rogers of the Geological Survey.

Jan 1, 1949

By M. Hamarat

Freeport-McMoRan Copper & Gold (FCX) is committed to preserving and enhancing biodiversity in the areas in which we operate. As a member of the ICMM, FCX is committed to implement the 10 Sustainable Development (SD) Principles throughout our business. FCX is also a member of the Wildlife Habitat Council (WHC), a nonprofit coalition dedicated to protecting and enhancing wildl ife habitat. In alignment with ICMM SD Principle 7 and our Environmental Policy, FCX has set a performance goal to prepare a biodiversity inventory in 2010 and land management plan by end of 2011 for all active mining sites. In 2010 FCX established a Biodiversity Task Force to assist sites in biodiversity management; optimize use of resources around the globe; implement FCX goals and targets; and align biodiversity programs with ICMM principles and guidance. The task force consists of Environment and SD Department management, scientists and engineers from FCX sites, and WHC staff. The Task Force recently issued a biodiversity inventory guidance document to set expectations and provide consistency across the sites when developing a biodiversity inventory and land management plan.

Jan 1, 2011

The projection of operating costs for mining, processing, and other site operating costs is an exercise which can be fraught with considerable peril. Not only are the physical characteristics of each mineral property unique, but a range of other factors will influence the consultant's approach to compiling cash flow estimates. This paper details some of the techniques used in estimating operating costs for use in order-of-magnitude cost studies and feasibility studies, and describes how to avoid common areas of difficulty. A series of examples relating to open pit gold mining and processing cost estimates illustrate these problems, and various corrective methods are described. The mining and treatment processes, and their associated cost elements, are followed in sequence of operation from on-going ore delineation through to disposal of the product. In addition the problem of assigning management, administration and overhead costs along with taxation allowances is addressed. Of critical importance is the application or possible misapplication of accrual procedures to the cost elements. In many cases such misapplication can introduce more pronounced errors with projects of short duration, such as the typical open pit/C.I.P. gold operation commenced in the last decade. The importance of providing verification of estimates depending upon the standard of the cost study is also investigated, and opinion is provided upon the minimum levels of verification necessary at various stages. Finally, the amalgamation of the various individual cost elements into a coherent whole is reviewed.

Jan 1, 1990

By Ivan Jackson Madura

The new Paradisus Coco Beach Resort in Rio Grande (PR) is located on an old swamp area, which has been filled with relatively clean to silty sands. The swampy deposits consists of organic silts, peat and loose fine to medium sand and silty sand. The project requires the placement of 1.0 to 1.5 meters of additional fill together with the construction of light structures. The need for the fill will trigger the development of settlements in the underlaying weak and compressible stratum. Furthermore, the susceptibility of the loose sand to liquefaction during an earthquake was considered. This paper describes the soil improvement by means of vibro-replacement, the purpose of which was threefold: reduction in total and differential settlement, acceleration of settlements during the surcharge period and densification of the loose sand to reduce its liquefaction potential. The predesign is presented together with relevant construction details of the preliminary trial areas from which the final column diameter and grid spacing were derived. Instrumentation together with settlement observations during the surcharge period are presented as well and compared with the initial predictions.

Jan 1, 2002

By Joseph Poplawski, Christian O’Keefe, Robert Maron

"Unique and difficult minerals processing measurement situations will be described and the application of passive array-based technology for performing these measurements will be illustrated. Examples of these situations include volume 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 slurry and non-slurry lines exhibiting scale buildup. Other situations include measurement of entrained air levels in pipes and in flotation columns. These measurements are achieved through CiDRA’s patented passive sonar array-based technology. This technology performs two independent measurements – flow rate and entrained air amounts. Two hardware implementations of this technology have resulted in a non-intrusive flow and entrained air meter which easily is installed on the outside of the pipe, and a submersible version for entrained air or gas holdup measurements which is used in flotation processes. Recent developments in extending this technology to solve other unique measurement problems such as valve movement confirmation will be covered.INTRODUCTIONThe minerals processing industry faces many unique and challenging process control conditions and environments. In terms of flow measurements, many of these situations are not being properly served by traditional flowmeters such as ultrasonic meters, magmeters, turbine meters, orifice plate meters, vortex flow meters, Coriolis flow meters, and venturi meters. A new class of flowmeters has been developed that solves these unique situations and flow measurement problems. This new class of flowmeter technology utilizes sonar-based processing algorithms and an array of passive sensors to measure not only flow, but also fluid composition. It does so accurately, reliably and without making contact with the fluid. These measurements are performed on practically any type of fluid within virtually any type of pipe.PRINCIPLE OF OPERATIONSonar array-based flowmeters are ideal for tracking and measuring the mean velocities of disturbances traveling in the axial direction of a pipe. These disturbances generally will convect with the flow, propagate in the pipe walls, or propagate in the fluid or slurry. First let us focus on the disturbances that convect with the flow. The disturbances that convect with the flow can be density variations, temperature variations or turbulent eddies. The overwhelming majority of industrial flows will have turbulent eddies convecting with the flow, thus providing an excellent means of measuring the flow rate as described below."

Jan 1, 2008

By Sam S. Taylor

"INTRODUCTION This report deals with a comparatively simple application of some of the engineering principles involved in the evaluation, installation, and operation of air- or gas-injection projects and well-clean-out and repair methods to increase the producing rates of oil wells in partly depleted pools during the war. The methods suggested for developing gas-injection projects take into consideration that in general no new wells will be drilled because of wartime restrictions of equipment and manpower and that only existing wells and second-hand machinery will be used. Because air will be employed as the injection medium in secondary-recovery operations where natural gas is scarce and expensive, the disadvantages and hazards accompanying, its use are discussed. Engineering techniques recognized as best modern practice are discussed in relation to the effect of simple air-injection development of properties on postwar operations and Probable ultimate recovery of oil. The report is an introduction to where, when, why, and how an air-injection project should be installed and operated; it is not intended to be an engineering manual for technical guidance in the selection, development, and operation of simulative methods of oil recovery.The report is intended mainly for these thousands of operators in the Appalachian region owning a few wells prodding small quantities or oil daily. Many such operators are anxious to increase their production rates by simulative means and to rehabilitate their wells so that they will produce more oil to help win the war but, in general, are unfamiliar with secondary-recovery operations and cannot afford to hire technical assistance."

Sep 1, 1944

By Jorge Díaz Artieda

El presente trabajo señala los factores que determinaron la expansión de la mina subterránea más grande del país a través de la compañía CENTROMIN, a fin de operar a un máximo nivel de producción en dicho yacimiento. Entre los principales factores tenemos el constante minado selectivo, la viabilidad económica de la expansión y la potencialidad de las reservas. Este proceso de expansión conlleva el uso de los recursos mineros de Cobriza, la baja de costos y la producción de concentrados a un ritmo consistente con las reservas y potencial de dicha mina.

Nov 8, 1982

By Gregory Yates

INTRODUCTION Project Description The Silver Line is a Bus Rapid Transit (BRT) Line and is Boston?s newest transit service. Silver Line Phase I extends along Washington Street entirely on the surface in priority bus lanes from Dudley Station in Roxbury through the South End and Chinatown neighborhoods to downtown Boston. The Phase I opened in July 2002. Silver Line Phase II consists of an underground transit tunnel from South Station to the South Boston Waterfront with underground stations at Courthouse and World Trade Center to Silver Line Way east of D Street. Phase II continues through the Ted Williams Tunnel to all the terminals at Logan Airport, and on the surface to the Boston Marine Industrial Park and City Point. Phase II opened in December 2004. Silver Line Phase III is a one mile tunnel connection to the existing Phase II tunnel in the vicinity of South Station and will eventually portal on Tremont Street just north of Marginal Road. After leaving the portal, the buses will use dedicated bus only lanes on the surface roadway network to connect to the Phase I service. Figure 1 shows the alignment of the Silver Line upon completion of the Phase III project.

By Rollie P. Dobyns

The K.M.A. reservoir was discovered to be oil bearing at a depth of 3,719 feet on March 11, 1931. Extensive development, however, was not begun immediately, because the discovery well had a low initial daily oil production, and market conditions for oil were unfavorable. Development of the field progressed slowly for the next 6.5 years. In the latter part of 1937, a wildcat well approximately 2 miles southwest of the discovery well was drilled on a magnetometer high and completed with an initial flowing production of 2,018 barrels of 430 A.P.I.-gravity oil in 12 hours. Rapid development of the southwestern part of the K.M.A. field was begun immediately and continued until over 700 wells were drilled and approximately 12,500 acres proved oil productive. Because of the large size of the entire K.M.A. field, this report is limited in scope to the southwestern part only, and the discussion that follows pertains to this area only. The closing date for production statistics is August 1, 1949. The K.M.A.? structure is a complex anticline having a maximum closure of 250 feet, and the K.M.A. formation is composed of sediments that grade from limestone through sandy lime and limy sand to sandstone with thin streaks of shale. Two "distinct members of the K.M.A. formation, zone I and zone II, are oil productive. Core analyses indicate the average porosity to be 16.5 percent for zone I and 16.1 percent for zone II. A relationship was established from core data, which showed the correlative permeabilities to be 42.1 millidarcys for zone I and 39.5 millidarcys for zone II, whereas the arithmetical averages of the permeabilities were 84 millidarcys for zone I and 216 millidarcys for zone II. Connate-water saturations were 17.5 percent for zone I and 20.0 percent for zone II. The porosity-saturation method, using a thickness-correction factor, was employed to calculate the volume of 168.1 million barrels of stock-tank oil initially in place in the reservoir. Analyses of the reservoir oil indicate that, although the initial reservoir pressure was 1,750 p.s.i., the original reservoir oil was saturated to only 1,300 p.s.i., at which pressure 1 barrel of stock-tank oil contained 525 cubic feet of ea~ in solution.

Jan 1, 1952

By Thomas L. Starks

Surface soil/spoil Samples (0-10 cm) from experimental test sites in western North Dakota were aseptically collected during August 1975 and each month (May through September) during 1076 and 1977. Selected samples were Cultured in a defined inorganic medium and after six weeks the algae were identified. Chlorophyll u content of the soil/spoil was used as a measure of the algal abundance. Soil physical-chemical properties, species variety and abundance were statistically analyzed. All test sites revealed distinct soil algal communities and demonstrated a successional trend as evidenced by significant increase, in species variety and bionmass over time. Some soil factors, calcium, copper, and phosphorus affected species variety and abundance at more than one situ. Others were important at specific sites; silicon and aluminum at the South Beulah test site; manganese sodium and zinc at the North Beulah test site No. 1 and boron, cadmium and magnesium at the North Beulah test site No. 2. Topsoiled areas had higher species varieties and abundances when compared with control areas, as did plots treated with amendments such as leonardite and fertilizer Generally.

Jan 1, 1982

By K. Leutwyler, H. L. Bigelow

Jan 1, 1966

By James F. Kvitkovich, George V. Weisdack

Editor’s note: This is the second part of a two-part series on longwall mining in the United States. Part one was published in the December 2005 issue of ME (pp. 21-26). It provided a history of longwall coal mining in the United States. It also discussed the technology involved in the productivity gains and operational improvements. Boyd anticipates that U.S. coal production will increase by 61 Mt (67 million st) (6 percent) from 2004 to 2010. A combination of higher surface and underground mine production will be required to meet the projected market demand. Boyd’s projections of coal production by major mining methods are shown in Table 1.

Jan 1, 2006

By James H. Cobbs

The utilization of large diameter drilled holes for mine shafts seems to have had its beginning in Europe about 1850 (28) where the mining industries of Germany and The Netherlands first used drilled shafts. Recent shafts in softer formations of diameters as large as 25 feet and as deep as 1, 700 feet have been drilled in both The Netherlands and Germany. The first shaft drillers utilized cable tool or churn drilling techniques which limit both hole diameters and drilling speeds. Though some churn drilling of shafts is still performed, rotary drilling has been the dominant technique for many years.

Jan 1, 1973

By E N. Sparg, O D. A Deuchar, F Needham

Decline shafts are an attractive option to both new and existing mining operations where there is a need to access an inclined orebody deposit via on-reef development so as to generate a return in the shortest possible time. There are many different technologies that are available to transport men, material and rock in incline shafts. This paper focuses on the applicability of two hoisting technologies for decline shafts, namely endless and direct rope systems. The pros and cons of each system are reviewed. A common concern with direct rope haulage systems is the possibility of generating slack rope during deceleration. This paper illustrates the issues involved in designing a system so as to avoid the possibility of slack rope. In conclusion, the key factors relevant to the selection of endless or direct rope haulages for a particular decline application are reviewed. The paper is a joint submission by FFE Minerals-Vecor and Qualter Hall UK.

Jan 1, 2005

By Joel T. Werner

Tire costs represent one of the highest controllable costs in open-pit mining, accounting for approximately 10% of mining costs. Tire monitoring technology has evolved rapidly in recent years and is emerging as a viable tool for extending tire life and reducing costs. The majority of the major tire manufacturers and several independent companies are in various stages of developing monitoring systems that capture and store vital tire data. Previously this information had only been accessible when the vehicle passed a fixed point in the mine, or when mine personnel manually downloaded the data. Integrating this technology with a mine management system enables remote collection and management of trend and alarm data. Mine personnel can now monitor a tire?s health parameters at any time, anywhere on site, regardless of the vehicle?s location. Anomalous tire conditions can be detected early and corrective actions taken. This information can then be integrated with other major onboard systems, operating conditions, and geographical information. Tire monitoring no longer exists as a stand-alone technology, but has evolved into an important integrated tool for mine operators. This paper will review the current status and benefits of integrating this emerging technology with a real-time mine management system.

May 1, 2002

In the Broken Hill South mine tile practice of issuing to the miner a quantity of fuse and a box of caps from which he made up the "rods" required for a particular blast, has been abandoned. Instead, capping stations have been established, and the miner can now obtain, from the magazines, fuses cut to accurate lengths with the detonators attached.Various types of fuse-cutting machines and crimping devices are available, but only those used by the Broken Hill South Mine Ltd. are described in this paper.The fuse-cutting machine, designed by the engineering staff, is an electrically driven unit fitted with a gear box for the purpose of adjusting the rate at which the fuse is fed to the cutting device, thereby enabling fuses of various lengths to be accurately severed from the main coil of fuse.The machine in question is designed to cut 4, 6, and 8-ft. fuses, but no difficulty should be experienced in designing a machine to cut fuses to any required lengths.

Jan 1, 1932

By R. N. Johnson

This report is a summary of the work performed for the Bureau of Mines to evaluate the feasibility and desirability of a movable in-pit crusher combined with conveyors to substantially reduce or eliminate truck or train haulage in large open-pit non-fuel mineral mines. The report includes an introduction and summary of previous work, an analysis of movable crusher system components, a description of the selected system, a review of possible movable crusher system applications, and finally requirements for future work to bring about the general availability of such systems. It was clear from the program that there is a real need for movable in-pit crushers.

Jan 1, 1982