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Resources and reserves are critical inputs into the determination of an operating mineÆs financial results and balance sheets, but how well understood is this fact. Do the investors, directors, accountants and geologists/engineers responsible for preparing or relying on relevant aspects of the end results properly understand the inputs and outputs and the associated risks that may be established. The first step is to understand how financial reports are impacted. The most obvious, and best known, impact is in the calculation of depreciation and amortisation charges against long term assets. In addition, however, there is a requirement to regularly determine whether asset book values are impaired û this is nearly always performed globally by the preparation of a discounted cashflow model for a mine which is usually based on a mine life as determined from the resource and reserve statement û the particular driver here is normally the short and long term production plans. A key aspect of the short term production plan is that it would normally not assume that the reserve and resource statement implies consistent grade, stripping ratios, etc. However, outside of the early years of a plan, more generic assumptions of these variables are often made in conjunction with the reserve and resource statement. Depending on the timeframe of the detailed production plans, this can have a large impact on a projectÆs net present value. Other financial balances that may also be impacted include restoration and rehabilitation provisions, retrenchment provisions and deferred or equalisation stripping accounts. The age old question of whether all reserves should be used or whether some or all of the resources should be included for financial reporting purposes has never been adequately resolved. It is our view that there should be no prescriptive answer to this question but judgement of all professionals involved in the process needs to be included. Furthermore, the company needs to be able to support their conclusions with well thought out and appropriate answers. This may not be in line with the approach that certain accounting standard setters may be proposing or taking, and this paper will outline the current status of global requirement and the likely future directions. Whether reserves or resources are utilised, does not change the key requirement that those preparing or using reserve and resource statements need to understand key aspects. For example: geologists/engineers do they know how reserves or resources will be used? have they imparted information on variability of key drivers such as grade or depth or dilution? do they know that major financial/business altering decisions may be made based on the analysis? accountants do they understand where the numbers have been derived from and the assumptions that may have been made in their determination? do they understand the degree of accuracy (or inaccuracy) that may exist particularly with resources)? do they understand the history of resource reconciliations and what it may mean for the future? directors do they understand the processes undertaken by the company to prepare the financial report and the interaction between the geologists/engineers and accountants? do they understand the potential sensitivity of results to the input variables? Financial reporting is extremely reliant on the use of the reserves and resources, however, the geologists/engineers, accountants and directors do not always understand the interactions between themselves which may lead to misleading public reporting. More education and communication between various parties is needed.

Jan 1, 2002

By John D. Spencer

Projects aimed at achieving the least disturbance to the Nation's air, water, and land resources in the mining and utilization of coal continued to be a feature of the Bureau of Mines coal program. This reflects the current concern about damage inflicted on the environment by our growing and increasingly affluent society. Mine Health and Safety research, along with investigations related to all other aspects of coal extraction and use, also continued to be implemented and expanded.

Jan 1, 1970

By Harry Asche

The last 12 months has seen the construction of the first Earth Pressure Balance (EPB) TBM excavated tunnel in New Zealand on the Project Hobson sewer storage tunnel for Watercare Services Limited, with the concurrent excavation of the second EPB tunnel on the Rosedale Outfall project for North Shore City Council. Together these tunnels involve a total length of 6km and follow an 8 year pause in TBM activity in Auckland. TBM performance on these two projects is thus of significant interest as there are four major tunneling projects totaling over NZ$8B being planned for Auckland, in similar ground conditions. Auckland?s bedrock is a weak sandstone/siltstone (East Coast Bays Formation), subject to infilled paleovalleys. The geology in the region has been significantly influenced by volcanic activity; 49 volcanoes are present within 20km of the city centre. The paper describes the design and construction challenges for the projects, including TBM performance, ?sticky spoil? management, and risks associated with basalt lava flows and two paleovalleys. Watercare?s Project Hobson also saw the successful implementation of a Geotechnical Baseline Report?one of the first uses of this type of document in Australasia. Rosedale Outfall is designed for high internal water pressures with varying hydraulic flows, with the risk of exfiltration explicitly addressed.

By S. Culp, P. Metcalfe

Web technologies and the Internet have revolutionized the computer industry. The Web browser technologies have also moved to portable devices such as Personal Digital Assistants (PDAs) and mobile phones. This paper looks at how to implement a Web Server solution and addresses some of the inherent advantages in the technology. It will also look at some examples of how plant productivity can be managed with a Web Server approach.

Jan 1, 2002

Laboratory electrical resistivity measurements of rocks are reviewed. Inductive and galvanic methods are discussed together with the ten important experimental factors which should be considered in an investigation.These experimental factors are electrodes, sample preparation, measurement errors, temporal current variations, current density, frequency, electrolyte composition, electrolyte saturation, pressure, and temperature.

Jan 1, 1969

By Tim O’Neil

Caterpillar has introduced its 5090B front shovel, to work with 40 to 70 st (36 to 63 t) trucks. The new unit replaces Cat’s 5080 hydraulic excavator. The 5090B offers more engine horsepower, higher flow, greater digging forces, higher swing torque, faster swing speed and more drawbar pull than its predecessor. It can also handle larger bucket sizes than the previous model. These improvements enhance productivity and make the 5090B a high-volume material handler for hard rock and aggregates producers.

Jan 1, 2003

By Peter B. Lilly

I appreciate the opportunity to tell you something about Kerr-McGee's Galatia Mine in Southern Illinois. This new underground mine was a departure for us since our previous experience had been gained in large surface mines in Wyoming. Although we were new, we did have the corporate experience in the operation of deep uranium and potash mines in New Mexico and Wyoming, and an earlier underground coal mine in Southeast Oklahoma. In arriving at our final design, we evaluated numerous concepts and finally settled on a two seam mine sharing a single shaft and slope. The mine, in turn, would be supported by a heavy media processing plant designed to optimize the yield from either seam. Further, we wished to be able to keep the two seams separate so that we could sell either seam separately or in a blend. Due to the thickness of the coal, the practical area dedicated to the mine provided forty to fifty years operations at the selected mine capacities. It was important, therefore, that our design and selection of hardware and systems provide for long life and low maintenance in order to compete in today's competitive markets.

Jan 1, 1984

By Peter Chou

A total of 117 slope stabilization drilled piers were installed as part of a major hillside revitalization project. The 110-million dollar development, known as Stratford at Kenwood, included an 18-story upscale senior residential tower, a 3-story healthcare building, and 4-story condominium buildings, offering approximately 580,000 square feet of living space with panoramic views of Downtown Cincinnati, Ohio. In an effort to establish a flatter hillside plateau for the new 4-story condominium and to create a cut and fill balanced jobsite environment, an 800-foot long row of drilled piers and a 600-foot long multi-tiered shear key system was used to terrace existing 1.5H to 3H: 1V steep slopes and support the new fill. These slope stabilization features reduced the amount of spoils needed to be wasted off-site and mitigated the risk of slope instability. An ODOT/FHWA research indicated that spacing of stabilization piers and necessity of top-connecting elements are highly dependent on pier diameter, spacing, soil type, depth to potential failure surface, surcharge loads, and pier deflection. Due to pre-existing deep buried swales, various load combinations, and the complex mechanism of soil arching effects between adjacent piers, both analytical and numerical computer modeling was performed to estimate the loading on each pier. New generation multiplexed, 3-Dimensional, Micro-Electro-Mechanical-System based inclinometers were installed between selected piers to confirm the pier design, and monitor the fill placement, as well as long-term slope stability.

Jan 1, 2009

By Winmill T. F.

The previous papers have been concerned only with the atmospheric oxidation of coals from the Barnsley Seam, for which it has been shown that an adequate explanation of the origin and nature of gob-fires can be based on the reaction between the coal itself and the oxygen of the air without the intervention of any other substance. It becomes of importance, therefore, to ascertain how far a similar explanation will hold good for spontaneous heating in other seams, and with this object in view samples including anthracite and lignite have been taken from a considerable number of pits in different parts of the UK (south Wales, Northumberland and Durham, north Staffordshire, Portrush and Ayrshire), some liable to fire, others not. There is abundant evidence to support the commonly-accepted view that spontaneous heating is due to the heat evolved during the absorption of oxygen from the air by coal or pyrites. The quantity of heat produced by the reaction has been measured and it has been shown that the observed rate of heating of a sample of coal agrees with the rate calculated from the heat of reaction and the rate of absorption of oxygen

Dec 1, 1916

By Stephen M. Smading

Unique onsite assembly of a 12.43 m Main Beam TBM and back-up system was completed on September 18, 2008 in the remote mountains of the Sichuan province of China. The equipment was assembled onsite, without previously having been assembled and tested in a factory, utilizing a method called Onsite First Time Assembly (OFTA). The Jinping-II hydroelectric project features four parallel headrace tunnels approximately 18 km long, two of which will be excavated by TBMs and two by drill and blast. A nearby fifth tunnel is being excavated by a 7.2 m TBM to draw down ground water in advance of excavating the headrace tunnels. This paper addresses the following topics: ¦Project description including geology and terrain; ¦The decision process leading to onsite first time assembly, the assembly process and logistics, and lessons learned; ¦Design features of the TBM and back-up system; and ¦Operational history from startup to the writing of the paper.

By A. W. Khair

This paper deals with the design characteristics of cutting tools and the operating parameters these tools are usually subjected to. Eight types of cutting tools/bits with different geometrical shapes and sizes were tested in a linear cutting apparatus, utilizing concrete blocks. The objectives of these experiments were to study the performance of each type of bit, make qualitative assessment of each bit geometry and size and establish cutting parameters for efficient utilization of the tools. During the experiment required forces Fx, Fy, and Fz, cutting, penetrating and lateral forces respectively and audible and sub-audible noises were measured. In these experiments, the depth of cut was kept constant to 1.5 inch while the bit spacing was varied 1.5,2.25 and 3.0 inch (3.75,5.6 and 7.5cm respectively). The results of these experiments indicated that by optimum ratio of depth of cut to bit spacing, the cutting face will be cleaned with the least ridge/land remains between the bit groves, resulting in least specific energy consumption, more large and less fine product particles and substantial reduction of audible noise. The results of these experiments also showed that proper bit design not only decreased cutting energy consumption but also reduced audible noise.

Jan 1, 2001

By James Su

The Green River Valley in Kent, Washington, is a fast growing area containing retail facilities, warehouse factories and industrial businesses, including the Boeing Space Center. Traffic from Interstate - 5 to the West Valley Highway is highly congested. Accordingly, a new corridor, including a bridge across the Green River, was designed and constructed between 1996 and 1997. This paper presents a case history of the design elements and issues associated with the construction of the pier foundations of the bridge. Subsurface conditions were evaluated using both deep test borings and CPT soundings to evaluate the strength and consolidation properties of the supporting soils. Subsurface conditions consisted of alternating layers of loose and medium dense silty sand and sandy silt. Engineering analysis included an assessment of liquefaction as well as pier supporting capacity and associated settlement. The constructed foundations included 6-foot-diameter piers cased to a depth of 120 feet below the ground surface. The pier casings were driven to the design tip elevation and the soil inside the casing was removed by drilling. Despite performing borings and CPT soundings at specific pier locations, occasional trees, buried thousands of years ago through geologic processes, were surprisingly encountered during pier construction. This presented unique and difficult driving and drilling conditions. During drilling, the water level inside the piers was maintained near the ground surface to create a balance of hydrostatic pressure and prevent boiling of soils the bottom of the casing. After the casings were installed, the soil inside the casing was excavated, the rebar cage was installed and the pier was filled with concrete using treme techniques. Construction of the piers is complete and the completed piers have experienced negligible settlement. Owner: City of Kent Engineering Department Timothy La Porte, Project Manager Kent, Washington General Contractor: Mowat Construction Company, Kirkland, Washington Foundation Contractor: Condon - Johnson & Associates, Inc., Tukwila, Washington

Jan 1, 1998

By Steve Kral

For the past several years, copper producers have faced a tough business climate. Nagging low prices forced many them to reduce their production and make other drastic cutbacks just to breakeven. And sometimes even that did not work. But, like other downturns in the industry, this latest dismal copper market allowed technology to make further inroads into mining and processing operations. Now that the copper market appears to be making a turn for the better, those years spent investing in technology by equipment manufacturers and forward-thinking mining companies should begin paying off.

Jan 1, 2004

By Bruna Helena Malovini Loiola

Os aços ligados ao níquel especificados pela norma ASTM A 522 são utilizados na fabricação de válvulas, flanges e conexões de tubos, na indústria automotiva, na construção civil e na área naval. Na indústria de petróleo e gás, o material requer desempenho adequado para resistir às altas pressões, ao ambiente corrosivo e à abrasão. Considerando os efeitos do desgaste nas válvulas e flanges, este trabalho tem como objetivo avaliar o efeito da temperatura de revenimento na microestrutura e dureza do aço. Amostras submetidas à têmpera a 860°C e ao revenimento na faixa de 380 a 630°C proporcionaram resultados que mostram uma microestrutura predominante de bainita após têmpera e redução da dureza com o aumento da temperatura de revenimento devido ao alívio de tensão.

Aug 17, 2017

By E. LaRocque

"Denison Mines Limited has been processing uranium ore in the Elliot Lake area since May of 1957. The ore body is located i11 the Huronion sediments on the north limb of the Quirke Lake syncline. Minerals of metallurgical significance are brannerite, uraninite and monazite. Gangue minerals include quartz, chlorite, sericite, pyrite, pyrrhotite and rutile. Silica content of the ore is greater than 75 % and pyrite-pyrrhotite content around 7 %. Specific gravity of the ore is 2.75.The Denison flowsheet is based on sulphuric acid leaching to extract the uranium values from the ore followed by liquid-solid separation to wash the uranium-bearing solution from the barren ore. The resultant pregnant solution is concentrated and purified by ion exchange followed by two-stage precipitation with ammonia to produce an ammonium yellow-cake.Elliot Lake ores require high acid concentrations and high temperatures to extract the uranium from brannerite and monazite. Uraninite will leach at low acid concentrations as long as oxiclizing conditions exist. The whole ore must be treated so that these conditions do exist.This paper provides a description of the leaching process equipment as originally installed and major changes in that equipment to date. Process control refinements to economically improve extraction are also discussed."

Jan 1, 1979

By Steve Kral

Good times make for happy miners. And the past few years have seen a lot of smiling mining engineers, geologists, metallurgists, corporate executives, analysts, investment bankers and shareholders. And nowhere was that more evident than at the 74th Prospectors and Developers Association of Canada’s (PDAC) annual meeting. The meeting, held in Toronto March 5-8, attracted a record 14,500 people. Of those, the PDAC said attendees came from an estimated 100 countries. And about 40 countries sent national delegations to the meeting. Argentina, for example, sent nearly 100 people. The PDAC meeting has always been a event where companies and individuals can get a look at numerous properties in all parts of the world that could potentially become major mines. And through the many receptions, hospitality suites and just sitting in the local restaurants and taverns, deals are usually made.

Jan 1, 2006

By R. W. Fedors, S. T. Green, G. R. Adams, C. Manepally, L. B. Browning

This paper provides estimates of large-scale temperature gradients that can be used to support modeling of natural convection and cold-trap processes in thermally perturbed drifts. Temperature influences estimates of the quantity and chemistry of water contacting engineered components (e.g., drip shields and waste packages) in a potential high-level waste repository at Yucca Mountain, Nevada. Temperature gradients drive natural convection and cold-trap processes, which could affect the distribution, quantity, and chemistry of liquid-phase water contacting drip shields (waste packages).The confluence of high temperatures, liquid-phase water, and high chloride may lead to corrosion of drip shields and waste packages. An overview of the evolution of environmental conditions in thermally perturbed drifts is presented to provide a context for the estimates of temperature gradients. A mountain-scale conduction-only model is used to estimate temperature gradients and temperature differences for a drift located at the center of a potential repository. Thermohydrologic models and heat transfer algorithms are used to evaluate the reasonableness of the conduction-only results. Estimates of temperature using an in-drift heat transfer algorithm account for the possibility of drift degradation and formation of a rubble pile on the drip shield. Temperature differences between the center and ends of the drift are estimated to rapidly increase to 80 °C soon after repository closure. That temperature difference decreases over time to 15 °C after 10,000 years. Local temperature gradients are generally estimated to be less than 0.2°C/m, though the gradients can be much larger near changes in lithology and near the end of the drift. The estimates of temperature gradients do not account for intermediate- and small-scale variations, such as those influenced by differences in heat loads between waste packages, intra-layer variations in thermal properties of the surrounding fractured rock, or localized drift degradation.

Jan 1, 2004

By Sparrow GJ, Woodcock JT

A sample of pyrrhotite flotation concentrate pulp assaying 15.3 g/t An, which had been prepared from an old tailing dump, was treated to extract the gold. Examination of the concentrate with an SEM showed that exposed or free native gold, 5-40 ¦m in diameter, was present but no locked gold was observed. Direct cyanidation of the concentrate to extract the gold showed that the flotation reagents present inhibited gold extraction. A range of pre-treatments was used to overcome these effects.Direct cyanidation for 48 h extracted only 26% of the gold, indicating possible contamination of the gold in the concentrate with flotation reagents. Pre-treatment of the concentrate pulp by aeration for 24 h, or by 72 h aeration with an addition of 3.65 kg/t of sodium sulphite, gave little improvement in gold extraction by subsequent cyanidation. Pre-treatment by filtration, or by aeration with 12.5 L/t 100 volume hydrogen peroxide, followed by cyanidation for 48 h gave gold extractions in the range 67-77%. Combining filtration and an aeration period with hydrogen peroxide addition raised the subsequent cyanidation extraction of gold to 88%, giving a tailing assaying 1.5 g/t Au.

Jan 1, 1990

By R. K. Zipf

The sudden, violent collapse of large areas of room-and-pillar mines poses a special hazard for miners and mine operators. This type of failure, termed a cascading pillar failure, occurs when one pillar in the mine layout fails, transferring its load to neighbouring pillars and causing them to fail in succession. Recent examples of this kind of failure in coal, metal and non-metal mines in the USA are documented. Mining engineers can limit the danger presented by these failures through improved design practice. Whether failure occurs in a slow, non-violent manner or in a rapid, violent manner is governed by the local mine stiffness stability criterion. This is used as a basis for three design approaches to control cascading pillar failure: containment with barrier pillars during pillar splitting; prevention with panel pillars of high width-to-height ratio and small-centre mining; and full extraction by retreat mining

Jun 19, 1905

By G. L. Oldwright, F. K. Shelton, W. E. Keck

"INTRODUCTION Zinc must be of high grade to satisfy the present demand. Even when the amount of premium paid is small, the purer metal as the buyers' preference. The following specifications for spelter were taken from the American Society for Testing Materials for 1927, Part I, pane 524. (The specifications for 1930, p. 582, are tile same.)Another specification for zinc of a much higher grade than any of the above has been established lately by the same society. The committee on zinc die-casting (Proc. Am. Soc. Test. Mat., vol. 31, 1931, p. 263) reached the following, conclusions: I. ""That the purest of zinc is necessary to produce stable zinc-base die castings, and as a result requested specifications for zinc spelter .with total impurities not over 0.02 percent."" Their tests showed that the die castings made of the purest zinc had the least elongation and the greatest tensile strength, and exhibited the least changes with temperature.Still more far-reaching claims are made for the properties of zinc containing over 99.99 percent metal. Zinc foil, for instance, may someday be made as a common commercial product. It would seem likely that the demand for zinc of high grades rill continue and that even purer varieties may be desired. This demand fits in with the modern trend in manufacturing plants of reducing the number of variables to a minimum by using pure materials, and of controlling the processing of metals during their various stages of fabrication by mechanical means instead of by expert laborers."

Jun 1, 1933