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By T. R. Ellis

Many appraisers/valuers believe that the only valuation method available within the cost approach category for real property appraisal is the depreciated replacement cost method. Some valuation and financial reporting standards setters also believe the same. This paper introduces the minerals appraiser to a number of useful methods for mineral property appraisal that are based primarily on the principle of contribution to value, the predominant economic principle in the cost approach. Most of these cost approach methods discussed are primarily for use in valuation of exploration tracts and resource properties that have no defined reserves. However, the powerful rural cost method can be used to calculate the contribution of categories of resources, reserves and other property components to the value of a mineral property. This method can be applied to mineral properties at all stages of development, including producing properties. The author reasons that standards and regulations pertaining to real property valuation should be modified, and underlying principles should be expanded, so as not to inhibit appropriate application of these cost approach methods.

Jan 1, 2011

By C. Samson, R. S. Smith, S. W. Hefford

"Abstract - Time-domain electromagnetic systems are most sensitive to highly conductive targets during the transmitter on-time. Data collected during the on-time is highly influenced by the geometric relationship between the transmitter and the receiver. Unless corrections can be applied for these geometric variations, the ability to correctly detect and identify highly conductive targets can not be fully realized. Variables affecting the relative position between the transmitter and receiver include changes in the position of the receiver with respect to the transmitter, variations in transmitter attitude, and transmitter loop deformation. The level of accuracy in the determination of the relative geometry required to permit complete removal of the effects due to geometric variations is different for each of the variables and is dependent on the depth of the target. The most influential geometric variation involves changes in the relative position of the receiver with respect to the transmitter along the direction of flight; this variable, therefore, requires the highest degree of accuracy. The accuracy required for receiver motions along the vertical direction is roughly one order of magnitude less, and in the lateral direction, several orders of magnitude less. The objective of this paper is to relate the sensitivity of the response to transmitter-receiver geometry to the ability of an airborne, time-domain electromagnetic system to resolve a highly conductive vertical target. This is achieved by a detailed analysis of the effect of the individual x, y, and z distances between the transmitter and the receiver, the transmitter attitude (roll, pitch, and yaw), and transmitter deformation.Sommaire - Les systèmes électromagnétiques en domaine temporel sont particulièrement sensibles aux cibles à forte conductivité durant le temps d’excitation. Les données collectées durant l’émission du transmetteur sont fortement affectées par les relations géométriques entre le transmetteur et le récepteur. Si un facteur de correction n’est pas introduit pour tenir compte de ces variations géométriques, la capacité de ces systèmes à détecter et identifier correctement les cibles fortement conductrices ne peut pas être pleinement réalisée. Les facteurs affectant les positions relatives du transmetteur et du récepteur comprennent les changements de position du récepteur relativement au transmetteur, les changements d’altitude du transmetteur et la déformation de la boucle du transmetteur. Le degré de précision requis pour déterminer la configuration nécesaire pour compenser complètement l‘effet des changements géométriques est différent pour chacune des variables et dépend de la profondeur de la cible. Les changements géométriques qui ont le plus d’influence sont ceux qui font varier la position du récepteur relativement au transmetteur dans l’axe de la ligne de vol; c’est donc cette variable qu’il faut contrôler avec le plus de précision. La précision requise pour le suivi des mouvements du récepteur le long de l’axe vertical est moindre d’environ un ordre de grandeur, tandis que selon l’axe latéral elle est diminuée de plusieurs ordres de grandeur. Le but du présent article est d’établir comment la susceptibilité de la réponse à la géométrie transmetteur-récepteur affecte la capacité d’un système électromagnétique en domaine temporel aéroporté à reconnaître une cible verticale fortement conductrice. Cet objectif est atteint par l’analyse détaillée de l’effet individuel des distances x, y, et z entre le transmetteur et le récepteur, l’attitude du transmetteur (lacet, roulis, tangage) et la déformation du transmetteur."

Jan 1, 2006

By W. A. Jones

Purpose of Paper Geophysics is a highly developed science which has found a wide use in industry. Perhaps the most spectacular application has been in the field of oil exploration. It has been estimated that, up to the end of 1939, geophysics was responsible for the discovery of five billion barrels of oil. In 1944, the sum o $40,000,000 was expended for geophysical work in the search for new oil deposits. Although the metal mining industry has so far made comparatively little use of the science, it is becoming increasingly common for the exploration engineer or geologist to be required to co-operate with the geophysicist. Many papers dealing with applied geophysics have been published but in most of them advanced training in physics and mathematics on the part of the reader has been assumed. It is difficult for the average engineer to obtain a ready understanding of the equipment, field procedure, and scope and limitations of the science from the literature. The present paper attempts to describe briefly and in simple terms the principles underlying magnetic, self-potential, and electrical resistivity methods and their application to a field problem. Introduction Geophysics is concerned with the study of gravity, magnetism, natural earth currents, earthquakes, vulcanism, and many other natural phenomena. The methods, originally devised for the measurement, for scientific purposes, of the forces associated with such phenomena have been adapted to the search for buried deposits of economic value. If the body sought has large dimensions and distinctive physical properties, geophysical measurements may reveal associated, and in some cases quite characteristic, anomalous features. However, in many instances the mass cannot be indicated directly but has a common association with geological features which can be defined by physical measurements. Although such surveys cannot specifically identify oil, metalliferous minerals, or other commercially valuable substances, it is possible to delineate anomalous sub-surface physical features which, with the help of geological information, can be assessed as possible or probable indications of the body or structure sought. The nature and extent of the material causing an anomaly, and its economic importance, can only be determined by further exploration, such as drilling.

Jan 1, 1947

By L. K. Weaver

The objective of this Bureau of Mines publication Is to present a nomograph that provides a fast, convenient method for estimating hydrocarbon lease bonus bids for offshore acreage in the Gulf of Mexico. Discounted cash flow analyses were computed from a model derived to show the costs necessary to explore, acquire, develop, produce, and abandon a 5,000-acre block of offshore acreage, and the estimated income from the sale of the hydrocarbons produced from the block. The range of the variables in the financial analyses used to construct the nomograph are prices of oil, $2.50 to $5.00; recoverable hydrocarbon reserves, 44,651,476 to 127,575,645 barrels; and discounted cash flow (DCF) rates of return, 5.0 to 57.2 percent. A total of 1,234 sets of DCF data were used to construct the nomograph. The range of bonus bids shown on the nomograph is from 2 to 90 million dollars ($400 to $18,000 per acre).

Jan 1, 1973

By Wei Wang

The SMCO copper plant is located in DR Congo, and was designed by China NERIN Engineering Co., Ltd. The process is a typical hydrometallurgical plant with Leach-SX-EW, with the project treating the oxide minerals with agitation leaching, followed with three stage of solvent extraction and two stages of stripping, and using permanent SS cathodes to produce LME grade copper. Because of the special characteristic of the ore, what contains 2 different type of oxides (one high carbonate oxide and the other low carbonate), there are several new technical measures that have been developed and adopted for the plant. For example, different grinding, leaching, and filtering are used to treat different oxides. This paper, presents the project process, engineering design, construction and commissioning. The paper also describes some of the problems encountered during plant commissioning, such as the agitation leaching tank issues, and corrosion in the settler-mixer. This paper discusses some NERIN solutions to these problems, and explains the use of the CN filter, which is used to filter PLS to treat high level suspend solids, instead of the traditional sand filter. Finally, this paper also proposes steps / measures for further improvement for future plant operation.

Jan 1, 2014

By G. De Gregoriis, G. E. da Mota, H. P. Dias, J. E. M. Blasques

In recent years, like many other smelters around the world, Albras has been increasing line current. The necessary adjustments to the work practices and process variables need to be made on all potlines, which in this case means on 960 cells at the same time. It was a challenging task to adjust the process parameters to the new amperage. In July 2003 potlines 2, 3 and 4 were running at 1 73 kA and the goal at that time was to reach 180 kA. Preliminary trials with 180 kA were performed on a group of 10 boosted cells on potline 3 in order to investigate possible operational problems. It was decided to increase the amperage in three steps accompanied by continual evaluation of the state of the process. In July 2004 the target of 180 kA was achieved with good operational results. This paper presents the overall results, the parameter adjustments made during the amperage increase in the booster group and how the increase was implemented on the other potlines.

Jan 1, 2006

By S. F. Böde, K. Böde

This paper focuses on developing a comprehensive and pragmatic information technology (IT) strategy for low-margin construction activities. This forms part of the realignment of the general business strategy, and refocusing the operational model. The main elements of the IT strategy formation are analysis of the current IT environment in terms of software and hardware, carrying out a gap analysis, and developing individual functional digitalisation strategies in construction execution based on Building Information Modelling (BIM), business administration processes, communication, business intelligence (BI) and reporting, and data security. Further, substantial emphasis is given to the sustainable strategy implementation in terms of hardware and software readjustments, their integration, user training, and defining the way forward.

Sep 1, 2021

By J. M. Keane

SMEThis loaner is concerned with important criteria relative to the design of small flota¬tion concentrators. For the purpose of this discussion a small flotation concentrator is defined as a facility having a designed ore feed rate of 1,000 metric tons per day (MTPD), or less. The decision to design and construct a small flotation concentrator is the culmination of a series of logical steps relative to the ex¬ploitation of a potential ore body. The information required for a rational and timely decision regarding plant design and construction is usually contained in a feasibility report. The information required in a thorough feasibility report has been summarized (1) (2) as follows: Type of mine or plant and proposed daily, monthly, and yearly production of all intermediate and final products. Quantity of indicated ore reserves. Location of project illustrated by a map showing surroundings, trans-portation facilities, and existing utilities.

Jan 1, 1980

The 30th annual American Mining Hall of Fame Awards Banquet and Fundraiser sponsored by the Mining Foundation of the Southwest (MFSW) will be held at the JW Marriott Star Pass Resort, Tucson, AZ on Saturday, Dec. 1, 2012. Each year, one living inductee, two recipients of Medals of Merit and up to five honorees from mining history are chosen by the MFSW for their outstanding contributions to the mining industry. Gregory H. Boyce will be the guest of honor, featured speaker and inductee into the American Mining Hall of Fame. Boyce, chairman and chief executive office of Peabody Energy, is being honored for his leadership in the coal industry.

Jan 1, 2012

By Huayi Yin, Wang. Dihua, Wei Xiao, Xuhui Mao, Diyong Tang

"The world production of crude steel reached 1.55 billion tons in 2012,which generated ~2.5 billion tons of CO2. Electrochemical metallurgy especially through high temperature molten salt electrolysis with renewable electricity stands for a great opportunity for producing “green” metals. In recent years, electrolytic production of iron without emission of CO2 in different molten salt systems has been reported. A cost-affordable inert anode is the key to produce acceptable eco-friendly iron by the novel molten salt electrolysis processes. Based on the authors’ research, this paper will discuss iron production by molten salt electrolysis using a nickel alloy inert anode. On the other hand, the paper also covers a novel molten salt CO2 capture and electrochemical transformation (MSCC-ET) process, in which CO2 is effectively converted to value-added carbon and oxygen in a molten bath using a cost-affordable nonconsumable SnO2 anode.1. IntroductionEnergy and materials are cornerstones to support the development of human society. The traditional primary metal production, especially iron and steel, and electricity production are mainly based on the reactions between carbon (coal) and oxygen (represented by equations (1) and (2) respectively), which produce huge amount of CO2.MxOy + 0.5y C = x M + 0.5y CO2 (g) + Q1 ( 1 )C + O2 (g) = CO2 (g) + Q2 ( 2 )In 2012, the world production of crude steel reached 1.55 billion tons, of which 46.3 %, ~0.7165 billion tons were produced in China. Based on the average level of 1.7t CO2 emission per ton steel, more than 1 billion tons of CO2 generated from steel industry in China in the year. Besides the iron and steel industry, thermal power plant leads the CO2 emission in both USA and China. The total consumed electricity in China increased to 4959 billion kWh in 2012, ~70% of it was from coal fired power plant. The average CO2 emission for electricity production in the typical thermal power plant in China is around 0.78 kg kWh-1. It accounts for ~ 3.868 billion tons of CO2 emission from thermal power plant in 2012 in China."

Jan 1, 2014

By Fermont F. Clarke, Others, Paul Zinner

"INTRODUCTION The Edison mine comprises workings on two irregular spodumene-bearing pegmatite dikes which outcrop near the town of Keystone in the southern portion of the Black Hills of South Dakota. The Bureau of Mines conducted an investigation of the Edison mine as part of a comprehensive study of the lithium mineral-production possibilities in the Black Hills area. The work was undertaken during the Second World War, when the demand for certain lithium salts and compounds exceeded the then small productive capacity of the industry.During the course of the project, the Bureau of Mines completed 13 diamond core-drill holes, aggregating 2,114.5 feet of drilling. Twenty-six cannel samples were taken from the main Edison shaft, and 13 miscellaneous samples were obtained to permit analysis of the efficiency of phases of mining and sorting operations. Metallurgical tests were made by the Bureau of Mines to investigate the feasibility of beneficiating spodumere-bearing ores from the Edison mine. 3/"

Apr 1, 1948

By Cummings. J. B., R. Haworth

"THE OPERATION of the Potash Company of America, Ltd., at its plant near Saskatoon, Saskatchewan, is the result of many years of exploratory and development work, culminating in the construction of a shaft, milling, concentrating and other facilities necessary to the production of potash in a marketable form.The possibility that potash existed in •commercial quantities in Saskatchewan was first indicated in 1943, although it was not until mid-1946, when Bata Petroleums penetrated a potash bed at its Verbata No. 2 well near Unity that substantial in-ter.est was developed in the possible exploitation of this important mineral product.The Potash Company of America, which is the largest producer of pot-ash in the Carlsbad, New Mexico area, a district that has been sup-plying about 90 per cent of the North American potash demand, be-came interested in the Saskatchewan deposits •at an early stage. Its engineers made an intensive study of the western Saskatchewan area in 1947 and continued their review of operating problems throughout the next three years.""Potash"" is the commonly used general term applied to the minerals of potassium, of which there are several. The most common mineral forms in which it is produced are potassium chloride and potassium sulphate. The potash content of potassium compounds is ordinarily ex-pressed in terms of potassium oxide (K20) equivalent."

Jan 1, 1960

By D. J. Parker, D. Harrington, L. H. Harrison

"INTRODUCTION The necessity for protection against the hazards of lightning manifests itself from time to time in the mining industry by reason of loss of life, damage to electrical equipment, fires in surface structures at mines, and accidents in the handling and use of explosives. This paper is intended to assemble, correlate, and present some of the salient points embodied in the available literature on the subject and at the same time give some factual data concerning instances of such loss of life and damage to property, with special application to the mining industry.The annual loss of life and destruction of property by lightning is considerable; the former may be prevented to a limited extent, though use of common sense as to exposure is required and not always followed; the latter can be prevented to a considerable degree. The manufacturers of electrical equipment, through improved types of lightning arresters, have done much toward the protection of electrical equipment, with consequent safeguarding of life and of property. Education based on unfortunate experiences has gone far to discourage the handling of explosives and blasting accessories during thunder storms, especially in open pits and quarries, and to a much smaller extent in underground workings. The lowly lightning rod plays an important role in the protection of certain types of buildings (especially isolated buildings), stacks, monuments, and other structures.LIGHTNING PHENOMENAIn 1751, Franklin proved that, lightning was simply a visible display of electricity - an extended spark; and until a generation ago little had been added to his exposition to define the various phases of the phenomenon. Matters pertaining to lightning are discussed in the following references:"

Apr 1, 1948

By S. S. Teal, W. W. Weber

"AS THE TITLE implies, this paper will deal with the unusual rather than the standard practices as employed . at the property of North Rankin Nickel Mines, Limited. Fortunately •the mining, with the exception of permafrost conditions, and the milling practices, are the normal approaches dictated by the size, type, and character of the orebody. The unusual aspects are linked directly or indirectly to the isolated location and are •principally ancillary requirements or services covering a broad range from climate to supplies and from finance to entertainment. It is our intent to cover the more salient points of interest together with a brief description of the general operation.To understand the primary motivation of the mine, it must be made clear that North Rankin was conceived as a foothold in the Canadian North, that region embracing 40 per cent of the Dominion which ex-tends north of the commercial tree-line and which includes nearly 50 per cent of the Precambrian Shield, our mainstay of Canadian mining. Secondly, this project was born in an atmosphere of premium sales in the nickel markets, assuring a rapid pay-back of the heavy •capital expenditures. And finally, it has •been coddled through the stark reality of a competitive metal market with the hope and trust that the experiences and achievements will lead over the bill to a bigger and better mine in this virgin territory. This is the briefest story of the mine's history, but it pays tribute to the many people who, in thirty years since .discovery, have championed this project."

Jan 1, 1959

In this paper, geostatistical techniques are applied to forecast the annual copper price in the short and medium terms (from one to five years ahead). These techniques allow the incorporation of monthly and multivariate information in the analysis and provide more accurate results than traditional approaches, especially as far as the one-year forecast is concerned. A second advantage of geostatistics stems from its ability to assess the uncertainty associated with the unknown future prices, thanks to estimation variances or confidence intervals, depending on the technique used. Such an assessment has a crucial importance in decision-making, from both macroeconomic and microeconomic points of view

Sep 1, 2004

By Peter A. Adcock, Rob Fraser

Interest in monitoring nucleation overpotential in electrometallurgical processes dates back some 40 years or more. Conversely, remarkable progress has been made in recent years on describing in detail the processes involved in the formation of thin films by electrodeposition. The newer body of work underscores a need for greater clarity in speaking about the role of nucleation and in the acquisition and interpretation of nucleation overpotential measurements – the aim of this paper. In electrometallurgy, it is generally desirable to form deposits that remain smooth, compact, and relatively fine-grained while the deposit grows to a thickness on the order of 5-10 mm, about 100 times thicker than technological thin films. Hence, we distinguish two kinds of nucleation that can result in formation of new grains:- (1) initial nucleation (onto the substrate surface) of islands that coalesce into growing deposit, and (2) ongoing nucleation of new grains on the deposit surface long after the substrate has been covered and ceases to have a direct influence. Nucleation overpotential of the first type should be measured on an electrode surface truly representative of a real industrial substrate. The second type requires judicious choice of electrode material – an “ideal foreign substrate”. In general neither the industrial substrate nor native metal to be deposited is suitable for measurement of the second type of nucleation overpotential, because of interference by other processes. For the future, clear terminology is needed to distinguish these two types of nucleation potential. The second is the one for which the type of plot dubbed by Moats and Derrick as an “Adcock plot” and by us as a “Kerby-Adcock plot” was first conceived and correlated with relatively thick zinc electrodeposits. The data of Moats and Derrick showing trends for copper electrodeposition on stainless steel and on copper electrodes are interpreted within this framework.

Jan 1, 2016

By Bieniawski, Z. T.

The importance of understanding the phenomena associated with rock fracture has long been fully appreciated in rock mechanics. This is clearly apparent from the special attention paid to rock fracture in the comprehensive papers published within the past four years. These papers present a picture of how the knowledge of brittle fracture of rock was gradually enriched and also show that what was often taken for granted three or four years ago is no longer considered as valid today.

Jan 1, 1972

By The Staff, Explosives Research Center

The principal activities of the Bureau of Mines Explosives Research Center from July 1, 1962, to June 30, 1963, are described briefly in part 1. Part 2 gives short abstracts of publications that appeared during fiscal year 1963; in general, the research reported in these publications antedates the report period.

Jun 24, 1964

By S. M. Dar

The U.S. Bureau of Mines constructed a full-scale model of a 15-ft-wide coal mine entry to use in combination with finite-element analyses to investigate roof support systems and various types of roof bolts. The objective was to enhance understanding of the fundamental mechanics of the interaction between rock and supports and the relative integrity of bolted mine roof as a function of roof bolt type, length, spacing, and tension, and the basic characteristics of the roof strata. The laboratory test results, when correlated with computer simulations using fmite-element analysis and underground verification tests, should provide a basis for desigillng safer, more cost-effective roof control systems and help to establish guidelines for employing fully grouted resin and mechanically anchored bolting systems. The background for this research, the research approach, the methods and equipment employed, and the results are described in this report.

Jan 1, 1989

By T. W. Turk, S. A. Sass

The engineering design features of the Mercur Gold Project crushing, grinding, carbon-in-leach, bullion, reagent, and tailings disposal areas will be discussed in this paper. It presents a project overview and flowsheet along with selected design alternatives. During the engineering phase, major equipment and other features were selected to optimize design within site location and environmental constraints. The project team organization and procedures were adopted to accommodate multiple optimization studies while maintaining a tight engineering schedule.

Jan 1, 1985