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By C. Kasatuka

Globalization creates investment opportunities for enterprises around the world. Attracting foreign investment has been a key challenge for economic growth in developing countries. Corruption, political instability, armed conflict, and other internal problems affect foreign direct investment (FDI) inflows negatively. A framework of criteria provides a basis for comparing non-commercial risk (NCR) among twenty-three mineral economies. Countries competing for foreign direct investment inflows are ranked from least to most risky. This study compares Inward FDI Performance Index (IND) with NCR ratings in developing countries and shows that risk is increasingly mitigated by means of appropriately structured insurance. Given the option for countries with similar mineral potential, investors will generally invest in the country that offers lower non-commercial risk. Keywords: foreign direct investment, non-commercial risk, developing countries.

Jan 1, 2006

By C. Kasatuka

Globalization creates investment opportunities for enterprises around the world. Attracting foreign investment has been a key challenge for economic growth in developing countries. Corruption, political instability, armed conflict, and other internal problems affect foreign direct investment (FDI) inflows negatively. A framework of criteria provides a basis for comparing non-commercial risk (NCR) among twenty-three mineral economies. Countries competing for foreign direct investment inflows are ranked from least to most risky. This study compares Inward FDI Performance Index (IND) with NCR ratings in developing countries and shows that risk is increasingly mitigated by means of appropriately structured insurance. Given the option for countries with similar mineral potential, investors will generally invest in the country that offers lower non-commercial risk. Keywords: foreign direct investment, non-commercial risk, developing countries.

Jan 1, 2006

By J. A. L. Napier

By use of a functional model of capital expenditure developed earlier, a prototype cash-flow model is formulated as a basis for the investigation of the economic consequences when the production rate of a mine is manipulated as fundamental design variable. The optimum production capacities that maximize the common economic criteria of net present value, present-value ratio, and wealth growth rate are determined. It is shown that these choices depend certain key groupings of the economic parameters, and that they have a fixed interrelationship. The basic cash-flow model is extended further to include the effects of a constrained rate of production buildup and the imposition of State taxation on generated income. An approximation to the initial tax-free period of a new mining venture is developed, and, by use of these results, the optimum choice of production level is analysed when both the buildup rate is constrained and tax is imposed. This extended model permits a comparison between the performance of existing mines and the predicted theoretical production levels for these mines.

Jan 1, 1981

By P. Schutte

It is evident from most admired companies, globally, that they drive key priorities such as teamwork, customer focus, fair treatment of employees, initiative and innovation into their organisations. It is clearly proofed in all the research that the role of the human factor, and therefore human behaviour, is pivotal to companies striving to accomplish goals such as competitiveness, customer delight, high quality, growing productivity as well as a safety-committed work force. The challenge of leadership is to change the worker’s poor perception of safety to an excited, empowered, valued employee who is continuously committed to the achievement of high levels of health, safety and conformance – the challenge therefore is to transform from within. Any work force needs a set of behavioural rules which work for it – including safety rules and critical safety behaviours, which are accepted through involvement leadership, encouragement and support.

Jan 1, 2003

By V. Yahorava

Efficient recovery of precious metals from process solutions is essential for improving process economics. Traditionally, precious metals are relatively effectively recovered from waste streams via precipitation or cementation. However, these approaches have a number of drawbacks, including poor water balance, creation of environmentally unfriendly waste streams, and losses of precious metals. Ion exchange technology is an alternative for the recovery of precious metals from waste or low-grade streams. This technology allows the recovery of the precious metals to extremely low levels (micrograms per litre) with relatively high upgrade ratios from the solution onto the resin without major water balance concerns, while the impact on the environment could be minimized or avoided. Research was conducted on the recovery of platinum group metals and gold from different low-grade and waste streams from one of the precious metals refineries in South Africa by means of ion exchange. Various functionalities and matrices (granular and fibrous) of ion exchange materials were evaluated. The results from these studies indicated that in some cases ion exchange could be very effective for the recovery of precious metals, and that the PGM concentration could be reduced to < 1 mg/L. The upgrading ratios of the various PGMs onto the specific fibres were relatively high for the specific streams evaluated, which might in some cases justify incineration of the loaded material instead of stripping and recycling the adsorbent. The cost of direct incineration for one of the waste streams tested would be less than 1% of the value of the PGMs recovered. However, the adsorbent has to be carefully selected and the process design optimized for each specific stream.

Jan 1, 2014

Dr Andrew Cosgarea, Jr, Associate Director of Opera¬tions of the U.S. Mint, and Chairman of the Awards Committee of the International Precious Metals Institute, announced the IPMI award recipients for 1985. The awards were presented at the Institute&apos;s Annual Banquet in New York City on 11th June, 1985. The Distinguished Achievement Award was presented posthumously to Dr E.M. Savitsky, of the A.A. Baikow Institute of Metallurgy of the U.S.S.R., for a life-time career devoted to investigations on the properties of the platinum-group metals. Dr Savitsky investigated over 300 phase diagrams, which became the basis for the selection of alloys and the prediction of properties. He published over 300 technical papers during his career. Dr Savitsky died during the summer of 1984 while being considered for the IPMI Award. The Engelhard Henry J. Albert Award was presented to Dr Stephen J. Lippard, Professor of Chemistry, MIT, in recognition of his research contributions in platinum chemistry and its application to nucleic acids. This prize

Jan 1, 1985

By H. M. Friede

Iron Age metal working in the Magaliesberg area by H. M. FRIEDE, Ph.D. (Visitor) Evidence of smelting and metal working in the Magaliesberg comes mainly from three sites: Broederstroom (Pretoria District). Uitkomst Cave (Krugersdorp District), and Olifantspoort/Olifantshoek \Rustenburg District). The analyses of copper ores found at or near these sites are reported. as are the analyses of twenty-six samples of slag from the Magaliesberg area and other sites in the Transvaal. Iron implements and copper ornaments found at the Magaliesberg sites are described. and the analyses of some of these specimens are reported and discussed. A metallographic report on two iron objects from Broederstroom points to similarities in the smelting and forging techniques that were practised in the Transvaal and Nigeria during the Early Iron Age.

Jan 6, 1977

By H. M. Friede

Mining was a widespread economic activity in the African Iron Age. This paper reviews the available evidence on, the archaeological, historical, ethnological, and technological aspects of early mining in the Transvaal. A number of analyses of ores found at archaeological sites (especially at Broederstroom) are reported, and an interpretation of the analytical results is suggested. Descriptions of Iron Age copper- and tin-mining complexes, and of iron-ore workings, are given, and techniques of Iron Age mining are discussed. The evidence of gold mining in Iron Age Transvaal is examined.

Jan 1, 1980

By P. Geldenhuys, D. J. C. Taylor, D. C. Page

This paper gives a technical review of the history, occurrence, mining, and metallurgy of iron in South Africa. The reserves of iron ore worldwide and in South Africa are reviewed, and potential new developments In the iron-and-steel industry in South Africa are examined. The paper concludes that the exploitation of lower-grade iron deposits will probably supplement the reserves of high-grade hematite ore in the distant future, and that, accepting this scenario. South Africa will be well placed to provide iron ore for its expected internal steel requirements, as well as supplying quality Iron ore for the export market.

Jan 1, 1988

By J. Du, V. Shukla, C. R. Kumar, U. Shivangi, D. P. Chakraborty

During the processing of iron ores, a large quantity of low-grade tailings containing abundant iron values in fine particle size range is produced. Due to the increasing demand in the high-grade ores for metallurgical operations and the stringent environmental conditions imposed on mining activity, it is essential to utilise the waste tailing pond slimes. Recovery of iron values from these tailing ponds not only enhances the life of the existing operating mines, but also enables achievement of a sustainable process. Iron ore tailing/slime (-150 μm) is produced after scrubbing and wet screening of a low-grade iron ore. Tailing beneficiation of iron ore has been addressed either by flotation or wet high intensity high gradient separation. The present paper aims to recover iron values from discarded slime containing assay ~56% Fe, ~6.5% SiO2, and ~7.0% Al2O3 from the Noamundi processing plant by using a high gradient magnetic separator (HGMS). In this process, tailings are effectively processed with a vertical pulsating high gradient magnetic separator to produce a relatively high-grade iron concentrate. The results of investigation indicate that this novel process is capable of producing an iron concentrate assaying ~ 60% Fe and ~3.25% alumina with a yield of ~55 % on weight basis and recover > 65 % iron bearing particles from the tailings. More importantly, the corresponding tailing contained ~45% Fe. It was concluded that this novel process may be effectively used to recover iron values from low-grade hematite tailings. Keywords: Iron ore slime, Fe recovery, HGMS, yield, Noamundi

Jan 1, 2020

By A. Kostin

GIS and multivariate geometric distribution have been used to predict the association of high-level intrusives with hydrothermal alteration related to iron oxide Cu-Au (IOCG) mineralizing systems. Several examples in the Russian northeast are presented in this paper. IOCG ore deposits can have enormous geological resources containing significant reserves of base, precious, and strategic metals, and hence are economically attractive targets for mineral exploration. To date, examples of this type of mineralization have not been reported from the northeastern area of Russia. The Tarinskiy ore cluster, located in Eastern Yakutia, shows brecciated altered rocks with sulphide and iron oxide cement, which is typical for IOCG mineralization of the iron oxide Cu-Au±U type. This cluster was formed near surface and is linked with the Rep- Yuruinskiy pluton. It has potential to host new world-class precious metal deposits in northeastern Russia

Jan 1, 2014

The inherent weakness of the Zincor and similar iron removal processes is the relatively high undissolved zinc loss associated with the iron residue. High soluble zinc losses also occur due to poor filterability of the iron residue even though it may be limited to intermittent events. This work focussed on defining the optimum operating window for the Zincor iron removal process where iron is mainly removed in the form of amorphous, intermediate iron phases such as schwertmannite and ferrihydrite. In terms of the main operating conditions, optimum filterability was achieved under the following conditions: pH of 3.0, temperature as high as practically possible (70C), at least 25 kg/m3 seeding, and a retention time of at least 4 hours. When increasing the temperature from 60C to 70C, the required residence time decreased by almost 50%. Undissolved zinc loss was also reduced from 8% to between 2% and 3% by using a basic zinc sulphate/zinc oxide mixture as neutralising agent to effect iron removal.

Jan 1, 2003

By B. Oladipo, E. Govender-Opitz, T. V. Ojumu

Bioleaching, one of the several important processes of biohydrometallurgy is an accepted technique for the extraction of desired metals from sulphide ores. Although the mechanism is well understood, the slow metal extraction rate due to passivating layer and ferric ion precipitation, especially in a typical chalcopyrite leaching, impact negatively on the overall efficiency of the process. Iron precipitates are common in many biohydrometallurgical operations and these precipitates represent the exit route for undesired iron, alkali ions or sulphate ion from the processing circuit. While there have been reports on approaches to slow the formation of these precipitates by manipulation of various operating conditions such as pH, redox potential and temperature, the precipitates become highly significant over the long term in the continuous operation of bioleaching and may render heap impermeable. Although there is evidence supporting the nature of the passivation to be precipitates of iron, their scavenging mode of reducing extraction efficiency is still not well understood. This paper thus discusses iron precipitation in biohydrometallurgical processes, including its formation and significance on bioleach processes. The paper also details the associated passivating species identified with heap bioleaching of sulphide minerals and provides some insight into sorption mechanism that limits metal recovery in a typical bioleach operation. Keywords: Iron precipitation, bioleaching, chalcopyrite, passivation, jarosite, metal sorption

Jan 1, 2020

By Y. Qin, X. Fu, T. Qi, H. Tang

"The FASTMELT ® process was developed as an alternative to blast furnace ironmaking; in this process, high-quality molten iron is produced using direct reduction followed by high-temperature slag/metal separation. In this study, iron recovery and phosphorus removal from oolitic highphosphorus haematite using the FASTMELT® process was investigated. The performance of two reducing agents, coal and wood char, was compared. Direct reduction experiments indicated that with optimized reductant addition, the ore-char and ore-coal briquettes attained metallization values of 82% and 78%, respectively, and residual carbon contents of 0.24 and 2.35%, respectively. The slag/metal separation experiments revealed that molten iron containing 0.41% phosphorus and 0.021% silicon (by mass) was produced from optimally reduced ore-char briquettes, and molten iron containing 0.78% phosphorus and 0.91% silicon from optimally reduced ore–coal briquettes. The study indicates that carbonaceous materials with high CO2 reactivity are suitable for use in the FASTMELT ® process for phosphorus removal and iron recovery from oolitic high-phosphorus haematite. IntroductionIn China, the general depletion of iron-rich mineral reserves has led to many efforts to exploit low-grade and refractory ironcontaining resources for ironmaking (Liu et al., 2014). The efficient utilization of the highphosphorus oolitic haematite resources in central China has received considerable attention. The available resources of this material total approximately 3.0 billion tons. The oolitic units in the ore exhibit an onionlike structure with phosphorus-containing gangue layers of 2–10 µm thickness. The best concentrate produced from these resources contains approximately 50% iron (Fe) and 0.8–1.2% phosphorus (P) (by mass) (Ai, Yu, and Wei, 2009; Song et al., 2013; Wu, Wen, and Cen, 2011). Further removal of phosphorus from these ores using conventional beneficiation methods is not possible."

Jan 1, 2017

By A. C. Moorgas, J. Divall

This study investigates the feasibility of using waste iron slag, the by-product from a mineral sands processing works, in road construction. The study includes the different options investigated for the treatment of a leachate that is produced during the cooling of the iron slag, prior to processing. It also reviews the reasons for choosing the current treatment option that is being trialed. Cooling the iron slag with water results in the formation of a leachate with a high pH and high sulphide concentration. This leachate can seep into the ground and, over time, it will contaminate the ground water. A system was designed to collect and treat the leachate to prevent contamination of surrounding natural water sources. Numerous leachate treatment options were investigated to find cost effective method of treatment After cooling, the iron slag is passed through an iron recovery plant and the unsaleable product is placed on a dumpsite. Rain percolates through the dumpsite, which can result in the formation of a leachate that can contribute to a contaminated plume. After extensive testwork, it was found that the dumpsite, which was leached of contaminants, could be screened and used as a G5material (specifications in Table II) in road construction. The initial challenge was to establish that this material was environmentally safe for use in this particular application. Approval from the Department of Water Affairs (DWAF) was required for the testwork and then for the long-term use of this material in the construction industry. The following challenge involved establishing a market for the material. Construction companies in the area were reluctant to change to a new product that was not naturally occurring. The economics of this project are extremely sensitive to transport costs and hence only projects within a specified radius can be supplied with the Black Top Gravel (BTG). This project is not are venue generator, but it does save the money that would be required to manage the dump, and it reduces the closure costs.

Jan 1, 2003

By P. A. Botha

The production of iron and steel generates various types of waste materials containing oxides, carbon, and flux material. Usually, these materials are land-filled at the plant site or are hauled away for disposal. Some of these waste materials are hazardous, and they must therefore be recycled or disposed of properly. The influence of different waste materials in iron-ore sinter blends on the quality and operational parameters in sinter production is described. The recycling of waste materials such as dolochar, scrap fines, mill scale, electric-arc furnace slag, basic-oxygen-furnace mud via the sintering process can achieve a saving in the cost of the raw materials (for example, fuels and flux) and a reduction in pollution. A comparison of a typical sinter with a sinter produced through the utilization of waste materials shows a distinct correlation between certain types of waste material and some metallurgical properties and operational parameters. Dolochar (and arc-furnace slag) in a sinter blend acts as part of the fuel and flux that are normally added to a sinter mix. In general, dolochar improves the quality of the sinter and decreases the consumption of coke. Other waste materials adversely influence the quality of the sinter, but not necessarily the operational parameters such as the production rate. At Vanderbijlpark, approximately 15 kt of various waste materials per month are successfully recycled in the sinter plant. Investigations into the handling and recycling of other waste materials may indicate that even more waste materials can be utilized.

Jan 1, 1993

By H. M. Friede

A short survey is given of the Iron Age smelting sites and smelting furnaces that have been found in South Africa. An attempt is made to classify South African smelting furnaces by the inclusion of functional characteristics such as the numbers and positions of tuyeres. An affinity is suggested between the Venda (eastern Transvaal) type of furnace and an East African type. The principles of the smelting process in South African Iron Age furnaces and the characteristics of the smelting products are discussed. Results of metallographic and chemical analyses of 19 iron specimens found at South African sites are given and compared with those from sites in Zimbabwe-Rhodesia, Mocambique, and Nigeria. The carburization and steeling of iron during primitive smelting and forging are discussed.

Jan 1, 1979

By H. M. Friede

Discussion of the above paper by A. SIFF The steely nature of the Iron Age objects mentioned in Dr Friede&apos;s paper point to two hypotheses. (1) The African iron workers were conversant with the art of direct steel manufacture. (2) They were less knowledgeable of the art of the production of carbonless iron. In this context I cannot but quote T. A. Wertime.

Jan 1, 1980

By J. P. Harrison

ABSTRACT: The significant effect of fracture surface morphology on the mechanical behaviour of rock masses is well known and has been studied by many people. For linear profiles taken from fracture surfaces, short- and long-period variation has traditionally been described using the descriptors ‘roughness’ and ‘waviness’, with Fourier series analysis being perhaps the most commonly used technique to distinguish between the two attributes. However, the mathematical procedure is involved and the assumptions that have to be made may not be appropriate for rock fracture surfaces. In this paper, an alternative method is presented that enables us to distinguish between roughness and waviness of a linear profile by performing only one straightforward analysis. In our technique, surface morphology is studied in terms of the distribution of unit normal vectors to the profile. The statistical analysis of the distribution is performed using Riemannian, rather than the customary Euclidean, geometry, and from this the 1D Riemannian dispersion parameter (DR1) is obtained, which quantifies the geometry of the profile. The method is applied at different scales to both synthetic sinusoidal profiles and real rock profiles. The results show how periodic behaviour of the profile is revealed at scales where DR1 is substantially equal to zero. RESUME: L’influence significative de la morphologie des épontes sur le comportement mécanique des massifs rocheux est bien connue et a fait l’objet de nombreuses études. Pour les profils lineraires, les variations de courtes et longues périodes sont traditionnellement décrites par les indicateurs “rugosité” et “ondulation” qui sont le plus couramment distingués à l’aide d’une analyse en series de Fourrier. Cependant, la méthode de calcul utilisée et les hypothèses faites ne sont pas appropriées dans le cas des épontes rocheuses. Cet article présente une méthode alternative qui permet de distinguer la rugosité de l’ondulation d’un profil en réalisant une seule analyse directe. Avec notre technique, la morphologie de l’éponte est étudiée comme une distribution spatiale de vecteurs normaux au profil. L’analyse de cette distribution est réalisée à l’aide de la géométrie Riemannienne plutôt que la géométrie classique Euclidienne et permet d’identifier la dispersion Riemanienne en 1D (DR1) qui quantifie la géométrie du profil. Cette méthode est appliquée à différentes échelles sur des profils artificiels sinusoïdaux et des épontes naturelles. Les résultats montrent que le comportement périodique du profil est révélé à des échelles où DR1 est essentiellement égal à zéro. ZUSAMMENFASSUNG: Der signifikante Effekt von Bruchoberflaechen Morphologien auf das mechanische Verhalten von Gesteinsmassen ist gut bekannt und von vielen Bearbeitern untersucht worden. Traditionel lineare Profile von Bruchflaechen sind mit kurz und lang periodischen Variationen, die auch als “Rauhigkeit” und “Welligkeit” bezeichnet worden sind, beschrieben worden. Hierbei ist wohl die Fourier Serien Analyse das wichtigste Hilfsmittel zur Unterscheidung der beiden Attribute gewesen. Hierfuer wird jedoch ein mathematisches Prozedere verlangt und Vorraussetzungen gemacht, die vielleicht nicht fuer Gesteinsbruchflaechen zutreffend sind. In dieser Publikation wird eine andere Methode vorgestellt, die uns mit Hilfe nur einer einfachen Analyse erlaubt zwischen “Rauigkeit” und “Welligkeit” bei einem linearen Profil zu unterscheiden. In unserer Methode wird die Gesteinsoberflaeche unter zu Hilfenahme der Verteilung von Einheitsnormalvektoren beschrieben. Die statistische Analyse der raeumlichenVerteilung dieser Vektoren wird mit Hilfe der Riemannschen, anstatt der ueblicherweise benutzten Euklidischen, Geometrie durchgefuehrt. Von ihr wird der Riemannsche Dispersions Parameter (DR1) abgeleitet, der die Geometrie des Profils quantifiziert. Diese Methode ist bei verschiedenen Masstaeben sowohl auf rein harmonische (sinusoidale), syntetische Profile als auch auf Gesteinsprofile angewendet worden. Die Ergebnisse zeigen, dass bei Masstaeben bei denen DR1 nahe Null ist periodische Characteristika der Profile hervortreten.

Jan 1, 2003

By L. C. Stilwell

The paper will attempt to identify the threats, however obscure, that could confront the South African platinum industry. South Africa has the largest reserves of platinum group metals in the world, and is the largest producer of those metals. This situation is no different from that which existed in the gold sector fifty years ago. Since then South Africa?s share of world gold production has dwindled, and the gold mining industry has lost its dominance. Unlike gold, platinum has widespread use as an industrial commodity. Its investment value is a minor portion of its total value. It is therefore subject to different market forces. The sheer magnitude of the industry in South Africa obscures the fact that it is a wasting industry, and that South Africa exports almost all its production as a refined metal in the form of autocatalyst. Since Hotelling published his seminal work The economics of non-renewable resource in 1931,the science of mineral economics has developed exponentially. The paper will present a background of mineral economic theory and compare to this the development of the South African platinum industry. Of particular concern to a mineral exporting country is the question of mineral rent?its definition and employment. This will be the mail theme of the paper.

Jan 1, 2006