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By R. D. Lawrence

"Comparable transaction analysis is the best known of the market approaches to valuation of exploration-stage mineral properties. The analysis of option and farm-in agreements can also provide useful guidance to valuators. While such approaches can be distorted by incomplete analysis, market-based methods are capable of providing consistent, credible results when carried out carefully with due consideration paid to all factors which buyers and sellers consider when dealing in the real market. IntroductionMineral properties without defined resources present one of the most challenging tasks to the mineral valuator. This paper will concentrate on market-based approaches to valuation of such properties. Other authors at MM2000 presented papers on cost and income approaches. Sorentino (2000) also provides a useful overview with some provacative commentary on methods.Market based-approaches are based on the principle of substitution and include such techniques as: comparable transaction analysis (sometimes referred to as sales comparison analysis); farm-in commitment (or option agreement) analysis; rules-of-thumb; and comparable market value analysis.Are there any valuation standards available to assist the valuator? In Canada there are none that apply to the valuation of mineral assets or securities. This problem is being addressed, at least in part, by the CIMVal Committee of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)1. Further, the recently established Canadian Association of Mineral Valuators will be giving consideration to the adoption of valuation standards."

Jan 1, 2002

By Peter Wells, Adrian Sabau, Turgut Yalcin

"The nickel ores of Sudbury contain substantial amounts of the gangue mineral pyrrhotite (Fe7S&) which causes certain diflculties in the milling of these ores. This paper proposes a process called “magnetoflotation” as an effective means of dealing with pyrrhotite. The method reduces the pyrrhotite content of concentrates by applying a magneticjield on the path product as it leaves the flotation cell.Successful performance of magnetoflotation requires the optimization of several variables. In this study, three of the variables (air flowrate, collector concentration, pother concentration) were investigated by Box- Wilson experimental design, and others (magnet speed, grind size, pulp density, flotation time) were examined individually. The process was tested on a Falconbridge nickel ore, assaying 1.92% Ni, and under the best operating conditions, a concentrate was obtained with 13.56% Ni grade and 74.32% recovery in a single step. Further improvements to grade and recovery were possible by cleaning and scavenging. The same ore was also tested with conventional methods for comparison, and results indicated that magnetoflotation performed better.INTRODUCTION“Magnetoflotation” refers to the process of carrying out magnetic separation and flotation simultaneously within the same device, and is intended to prevent magnetic minerals from reporting to the froth products while non-magnetic minerals are being floated. Typical cases where this method might be beneficial include the processing of magnetite and nickel ores. Its use on magnetite ores has been reported elsewhere [Yalcin, 1992; Yalcin, 19931. This paper describes its application to nickel ores, more specifically to the nickel ore of Falconbridge Limited in Sudbury."

Jan 1, 1999

By A. Moskowitz, L. S. Redmerski

The corrosion resistance of stainless steels can be strongly affected by surface treatments. Changes in corrosion resistance can relate to surface composition, integrity and stability of the passive film, and to surface profile (roughness). Operations producing oxidation at the surface, such as annealing, heat treating, and welding, can result in a chromium-rich scale and a chromium-depleted metal surface. In order to restore full corrosion resistance, chemical or mechanical clean-up techniques must remove not only the oxide, but also a very thin layer of metal. Laboratory and field test studies show that these factors are particularly significant in less highly alloyed steels. Annealing stainless in a reducing atmosphere (bright annealing) avoids chromium depletion, but as-bright-annealed material does not display optimum corrosion resistance in certain environments. Electro passiva-tion can be applied to improve pitting resistance without significantly changing bright surface appearance. Potentiometric studies show that electropassivated material also displays significantly greater resistance to breakdown of passivity in acid solutions. The application of special surface finishes for appearance purposes can affect corrosion resistance. Roughness is a key factor. Samples of related appearance but with different surface profiles can show significant differences in corrosion resistance. Thus nonreflec-tive stainless with a relatively smooth surface produced by a special rolling process is much superior to material chemically etched to a similar low reflectivity. THE corrosion resistance of a stainless steel is affected by other factors in addition to its bulk composition and metallurgical structure. These other factors include those relating to the specific chemical and physical condition of the steel's surface. This paper will consider certain aspects of surface condition in relation to corrosion resistance. In particular, studies will be described on the effects of oxidation encountered in heat treating or welding operations, of passivation after bright annealing, and of different surface finishes. EFFECTS DUE TO OXIDATION When stainless steels are exposed to high temperature in an oxidizing environment, as in annealing or welding, the oxides formed are relatively rich in chromium. As a consequence of oxidation, the metallic layer directly beneath the scale may be low in chromium to some very thin but finite depth.1"8 Such a change in chromium content could lower the corrosion resistance at the surface, whether or not the oxide layer is removed. Studies were performed relating to the effect of oxidation and chromium depletion produced during annealing and welding on the corrosion resistance of stainless steels. The nominal compositions of steels used in this study and others are given in Table I. A) Annealing Studies on 17 pet Cr Steels. 1) Effects of Pickling Treatments. Studies were performed to investigate the corrosion resistance of air annealed type 430 stainless as a function of the amount of electrolytic pickling after annealing. The material used in this study had been air annealed and electrolytically pickled in the mill. All scale had been removed, and yet the material showed unusually poor corrosion resistance. Laboratory electrolytic pickling studies were performed to determine whether additional metal removal from the surface would improve corrosion resistance. Electrolytic pickling was performed in a sulfuric acid bath using various conditions of bath acidity, temperature, time, and current density. The samples were then rated for corrosion resistance in a ferric chloride spot test. For this spot test, a solution was prepared by dissolving 10 g of FeCl3 . 6H2O, 5 g of NaCl, and 2.5 ml of concentrated HC1 in 200 ml of water. An area on a specimen was cleaned and a drop of test solution was placed on the prepared area. After 5 min, the drop was rinsed off and the area wiped dry. The spot was then rated between 1 and 5 by visual comparison with standard spots. The numerical rating of the standard spots can be described as follows: 1—No clouding of surface; 2—very slight clouding of surface; 3—slight clouding of surface; 4—moderate clouding of surface; 5—strong clouding of surface. A rating of 1 or 2 was considered to have passed the test, a rating of 4 or 5 represented failure, and a rating of 3 was considered borderline. The severity of etching in this test has been related to the actual chromium content at the surface.4 Etching (clouding) occurs on type 430 stainless (rating of 4 to 5) when the surface chromium content is 14 pct or less. The effects of current density and retention time when electrolytically repickling this material in 6 pct sulfuric acid are shown in Fig. 1. Increasing the cur-rent density or retention time improved corrosion resistance as measured by the spot test. Similarly, increasing acid concentration of the bath or bath tem-perature was found to improve corrosion resistance. The conditions making for improved spot ratings resulted in increased metal removal, regardless of specific pickling conditions used, Fig. 2.

Jan 1, 1970

By Lyman G. J

Dense medium drum separator efficiency was analysed at two Western Australian iron ore concentrators. Efficiency data had hitherto been difficult to accumulate due to the high cost of analysing representative, and therefore large, coarse ore samples. To overcome this problem, recoverable density tracers, which are in effect artificial mineral and gangue, were manufactured in three different sizes (15 mm, 30 mm and 60 mm). Their use enabled partition curves to be studied within one hour of conducting a test: separation densities were generally lower than the feed medium density for all three sizes of density tracer. For a given set of operating conditions, the smaller tracers had lower separation densities and larger ecart probab/es than the large tracers. These phenomena are explained with the aid of a conceptual model of a drum separator, which assumes that the feed ore plunges to the bottom of the drum upon introduction. Particle rising velocities are, therefore, process determining.Medium rheology was altered by adjusting the proportion of solids in the pulp. This was accomplished by changing both the pulp density and ferrosilicon/magnetite ratio. Higher solids volume fractions invariably caused a decrease in separation densities and an increase in ecart probables, most markedly for the smaller tracers. A similar response was observed when feed tonnages were raised.An explanation for these phenomena is sought in the discussion which also suggests means of improving drum separator efficiency.

Jan 1, 1987

By Liu Wei

In order to make clear the dissolving characteristic of the chrysocolla (CuSiO3?H2O) in the ammonia-ammonium chloride solution, a thermodynamic model of the chrysocolla (CuSiO3?H2O)-ammonia- ammonium chloride-water system is established using the exponential computation method based on both mass balance and charge balance equations. The equation group of the thermodynamic model is solved by the MATLAB Soft on PC. The condition which is favorable for dissolving high concentration of copper in solution is making out. The stable area of chrysocolla (CuSiO3?H2O) and the condition of chrysocolla (CuSiO3?H2O) converting to atacamite (Cu(OH)1.5Cl0.5) is also studied. A group of experiments are designed to validate the veracity of the results of the thermodynamic calculation.

Jan 1, 2010

By J. D. Potts

Dust surveys were conducted at six underground coal mines to determine if deep-cutting practices expose face workers to higher levels of respirable dust. The surveyed mines were able to successfully mine deep cuts without significantly increasing the dust exposures of face workers. For exhausting face ventilation, field data indicate that scrubber airflow is the most important factor for controlling dust. Data collected for this study indicate that 20-mesh screens should be cleaned for every 40 ft of advance because 22% of the deep cuts surveyed for this study experienced a 20% to 35% decrease in scrubber airflow over the course of the cut. For blowing face ventilation, field data and past research indicate that dust control is aided by maintaining a proper curtain-to-scrubber airflow ratio of 1.0 (measured before scrubber activation) as well as a curtain setback distance that allows the miner operator to stand at the mouth of the curtain for the entire cut. Dust levels on the bolting faces did not appear to be affected by the longer cycles associated with deep-cut mining when good ventilation practices were used.

Jan 1, 2011

By Constance Holmes

President Lien presented Mrs. Holmes with the first of speaker appreciation gifts presented by his firm Amax Coal West, Inc. These were books by Rand-McNally entitled The Executive Golfer Guide. Following the coffee break, Clark Moseley presented the first annual Institute Safety Achievement Awards for the safest mines in the eight member state region. The awards were based on: 1. Total man-hours 2. Total number of lost time accidents 3. Incidence rate 4. Number of S&S violations 5. Description of safety program 6. Safety awards received 7. Health and safety training efforts 8. Safety Policies 9. Does the operation take employee suggestions and implement them? 10. Letter(s) of commendation from agencies individuals The awards were judged by the senior/graduate level class of Mine Safety & Health at the Colorado School of Mines under the supervision of professor Edward Hollop. The two handsome traveling trophies were awarded to and accepted by: Surface: Big Sky Mine. Colstrip, Montana Gordon Brannon, Manager of Safety Underground: Skyline Mine, Scofield, Utah Dave Hales. Safety Supervisor and Doug Johnson, General Production [ ]

Jan 1, 1998

By H. Jalkanen, L. Holappa

The main role of slag in oxygen converter processes is to absorb the non-volatile oxidation products of hot metal impurities, Si, P, Mn, Ti, V, etc. The importance of converter slag as deP and de Smedia has ceased with implementation of special pre- and post-converter treatments. The transfer from top blowing (LD) to combined blowing converters has decreased the amount of slagged iron that, together with the tendency towards lower silicon and manganese contents, has decreased slag to steel ratio. Still the control of slag forming and behaviour during the blow is of great importance. In this paper the thermodynamics of the slag forming reactions, the role of slag in the modern oxygen converter process for impurity elimination, splashing, lining wear, dust formation and post combustion are discussed on the basis of common knowledge and experience of Finnish steel plants.

Jan 1, 2004

The National Institute for Occupational Safety and Health (NIOSH), in partnership with stakeholders in the mining and surface drilling industries, con-ducted research to develop engineering control technologies that reduce workplace noise exposure. The result of this research partnership is the development of a partial cab.

Jan 8, 2007

By Clyde L. Holmberg, Paul Zinner

"INTRODUCTION In view of the large tonnage of low-grade iron ore and iron-bearing material known to exist at the western limits of the Gogebic range, the Bureau of Mines undertook an investigation of the area for the purpose of evaluating the iron-bearing formations as sources of iron for possible future utilization.After 6o years of exploration an, development on the Gogebic range, the area investigated by the Bureau represents the known western limit of direct-shipping ore mined from operations on the Gogebic range.An area about 2 miles in length between the villages of Pence and Iron Bolt in Iron County, Vic., was selected for investigation, and trenches wore excavated through the overburden and fully across the iron-bearing formation to obtain 108 bulk samples for beneficiation tests. Exhaustive tests involving gravity and flotation methods, magnetic separation, and magnetizing roasts followed by magnetic separation were conducted on the samples to determine the ammability of the individual formations and the entire iron-bearing zone to beneficiation.Empirical data on the character and mineral content of the formations arc tabulated herein, as well as the results of the beneficiation tests."

Dec 1, 1947

By Q. Cheng

This paper introduces the multi fractal interpolation method (MIM)developed for handling singularities in data analysis and for data interpolation. The MIM is a new moving average model for spatial mapping and interpolation. The model decomposes the raw data into two components: singular and nonsingular components. The former can be characterized by a localized singularity index that quantifies the scaling invariance property of measures from a multifractal point of view. The latter is a smooth component that can be estimated using ordinary kriging or other moving average models. The local singularity index characterizes the concave/convex properties of the neighbourhood values. The paper utilizes a binomial multiplicative cascade model todemonstrate the generation of one- and two-dimensional data with multi-scale singularities which can be modelled by asymmetrical multifractal distribution. It then introduces a generalized moving average mathematical model for analysing and interpolating data with singularities. Finally, it is demonstrated by a one-dimensional case study of de Wijs’ data from a profile in a zinc mine, that incorporation of spatial association and singularity can improve the interpolation result, especially for observed values with significant singularities.

Jan 1, 2015

By B. Asbury, M. Cigla, C. Balci

The Western Mining Resource Center (WMRC) at the Colorado School of Mines (CSM) received a grant from the National Institute for Occupational Safety and Health (NIOSH) to perform a study that will help reduce the amount of respirable dust generated from the cutting of coal. The study is based upon laboratory testing and field experience. This information is being used to develop a new cutterhead design in conjunction with Joy Mining Machinery. The new cutterhead design is being evaluated with existing computer models developed at CSM. The new continuous miner cutterhead will be tested at the Twenty Mile Coal Company’s Foidal Creek Mine. Baseline testing with the current cutterhead will also be performed. This paper presents laboratory test results, design methodology, and test results performed to date.

Jan 1, 2002

By Mohammadreza Khanmohammadi, Kazem Fakharian

"AbstractIn driven piles, the gradual dissipation of excess pore water pressure and consequently the soil setup significantly contribute to increasing the pile capacity with time. The question is risen that how the scale differences affect the stress state variations around the pile shaft and at the pile tip? Would the CPT predictions better correlate with End-Of-Drive (EOD) or Beginning of Restrike (BOR) conditions? On the other hand, are the proposed a and ß parameters for clayey soils mostly predicting the EOD or BOR situation? The main objective of this paper is to back calculate the a and ß parameters from CPT profiles, pile Dynamic Load Tests (DLT) at the EOD and BOR as well as Static Load Tests (SLT) and evaluate how they compare with those suggested in literature. Four precast 400 mm square concrete piles driven in North Azadegan Oilfield in Khuzestan Province were selected for the comparisons. CPT test results were available from the extensive geotechnical investigation at the study site. DLT tests using PDA were carried out at EOD, 1 day and 14-day BOR on all the 4 piles. All the piles were SLT tested as well. The UniCone software was used to estimate the tip and shaft resistances using 4 methods including the Dutch, Eslami & Fellenius, LCPC and Schmertmann. The results indicate that the a-method based on the proposed values in literature has predicted a shaft capacity of 90% of the 14-day BOR. This is while the ß-method has predicted a shaft capacity equivalent to 1-day BOR results only. Therefore, both methods have under-predicted the shaft capacities compared to real capacities measured after the significant soil setup in the study area. Two of the CPT methods have underestimated, one has overestimated and one has matched the estimated 60-day capacity."

Jan 1, 2014

By Carlos F. Perucca, Maria Virginia Ramírez A.

"Chile based SQM S.A., exploits potassium chloride rich salts at the Salar de Atacama, in northern Chile. The process includes the solar evaporation of natural brines existing in the Salar salt bed, followed by conventional flotation to recover Muriate of Potash (MOP) for fertilizer use.This paper describes a structured method developed to aid in understanding the metallurgical response of the solar evaporated salts to conventional flotation. The method uses classical metallurgical data analysis combined with laboratory and plant-scale testing, and rudimentary mineralogical studies.As a result of the study, several changes were made to the flotation circuit which produced an operation that is much more consistent and easier to control, and has an increased recovery. An optimized circuit, currently being financially evaluated, has also been conceptually designed based on the findings of this work.INTRODUCTIONSQM S.A. is the world’s largest producer and distributor of specialty fertilizers, iodine, lithium, as well as a wide array of industrial and specialty chemicals. SQM is a public corporation whose shares are traded in the Santiago and the New York Stock Exchanges.SQM S.A. exploits the mineral rights at the Salar de Atacama in northern Chile. Its production processes involve the solar evaporation of natural brines existing in the Salar salt bed, aimed at the recovery of Potassium, Lithium and Boron compounds."

Jan 1, 2004

By Kelvin K. Wu

A coal waste disposal dam failed on Buffalo Creek near Saunders, West Virginia, on February 26, 1972. This accident resulted in the loss of 125 lives, left over 4000 people homeless, and resulted in millions of dollars in damage to several downstream communities. As a result of this tragic event, major changes occurred in the mine waste disposal practices used by the U.S. coal industry. This paper summarizes changes in U.S. coal-waste disposal practices in the nearly 35 years since the Buffalo Creek dam failure and identifies safety issues that need to be addressed for continued improvement. While many organizations and individuals have played roles in the improvements that have occurred, this paper focuses on the role played by MSHA and its predecessor agencies.

Jan 1, 2006

By P G. Gaylard

The minerals Industry carries out over US$ 2 billion of R&D annually. The R&D is performed at three levels ? in house research facilities; on a one-on-one basis with a research provider; as syndicated (collaborative) research. The key to a successful R&D programme is project selection. It is suggested that at this time of ?bounty? for the minerals industry the research portfolio should contain some ?blue sky? but potentially long term significantly beneficial projects. This said, the projects should align the technical concepts with the business imperatives. AMIRA has found the ?Road Map? concept has assisted in defining areas for R&D. Examples of this methodology using a Copper Road Map developed by AMIRA for the copper producers operating in South America is presented. The benefits derived from syndicated research are also discussed.

Jan 1, 2007

By D. Brady

The need for onsite gas monitoring during, or following, a major incident at an underground coal mine has long been recognised. Recommendations from inquiries following Queensland mine disasters have included ?qualified persons and equipment for rapid analysis of gas samples be available in times of emergency? and that ?this may be accomplished by either mobile laboratories or laboratories established in each mining locality.? Following the Moura No. 2 disaster, the Queensland Government allocated funds to Simtars for a mobile laboratory to respond should such a disaster occur again in the future. This vehicle was commissioned in 1997 and has been used at many mine sites under a wide range of scenarios. Simtars, armed with over ten years of operational experience with this mobile laboratory, has taken an active role in the design and construction of a modernised replacement unit. With a twenty point tube bundle system and ultrafast gas chromatograph the result is, arguably, the best equipped mobile gas analysis laboratory for mine emergency response in the world. This paper outlines the features of the new laboratory, its capabilities and the philosophy behind the design and inclusions.

Jan 1, 2012

By George H. Holmes

This paper is one of a series on mining methods and practices being prepared by the Mining Division of the Bureau of Mines . It describes briefly operations and mining methods at the Basic Refractories , Inc. , brucite deposit , the only commercial deposit of brucite in production in the United States . The mine and crushing plant are in secs . 26 and 35 , T. 12 N. , R. 36 E. , M. D. B. & M. , northwestern Nye County , Nev . , 1 mile east of Gabbs and about 33 miles northeast of Luning , a town on the Mina branch of the Southern Pacific Railroad and U. S. Highway 95. ( Figs . 1 and 2 ) .

Dec 1, 1949

By Alan: Moore Richards

Effective control of airblast requires that significant factors be identified and satisfied by blast design and careful implementation. Significant factors include charge mass, distance, face height and orientation, burden, spacing, and initiation sequence, stemming height and type, topographical shielding, and meteorological conditions. This paper utilizes case histories of blasting in Australian open pit mines to demonstrate techniques that have been used to control airblast to applicable limits.

Jan 1, 2006

By Mark R. Svinkin

This paper deals with application of the wave equation analysis to determine capacities of piles driven in saturated sandy soils. It shows that pile capacity in sandy soils changes with time after the completion of pile driving and depends on the ground water elevation. In saturated sandy soils the setup coefficient ranges between upper and lower curves represented by power functions. For a reliable prediction of pile capacity wave equation input should be adjusted with soil damping. Back calculation of soil damping from known pile capacity performed for five tested piles shows that skin damping coefficient changes with time in the same manner as the pile capacity and can be represented by the power functions for considered damping models.

Jan 1, 1995