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By Jinsuo Zhang

Investment in coal resource development is affected by a variety of uncertain factors. Investors can make a flexible, strategic decision to achieve the value of risk implicated in those uncertain factors. Therefore, based on real-option theory, we identified key uncertain factors that affect a coal resource investment project, and revealed the formation mechanism of option value in coal resource developing investment project. Then, a multi-factor decision making model was established for a coal resource development investment project with random changes of coal price, interest rate, convenience yield and production cost. Finally, we tested the model and analyzed relevant parameters by applying living data. Our results indicate this model reflects the value of risk implicated in uncertain factors for coal resource development investment, and is able to determine a critical point of decision making change when coal price and production cost varym respectively. By means of parameters analysis, the convenience yield has a positive effect on the project value. The interest rate has a negative effect.

Aug 1, 2013

By Mike Power

Geophysical techniques have played a pivotal role in northern kimberlite exploration since the initial discovery at Point Lake in 1991. In the Slave Craton and surrounding regions, there are definite contrasts in physical properties between kimberlite intrusions and surrounding bedrock. Kimberlite commonly displays higher magnetic susceptibility, distinctive remnant magnetism, low electrical resistivity and lower density than surrounding rocks. In addition, the distinctive geometry of kimberlite pipes is reflected in geophysical responses which further facilitates target discrimination. There has been an evolution in geophysical exploration strategies over the past 12 years. Helicopter total magnetic field and electromagnetic (HEM) surveys have proven to the most cost-effective means of conducting first pass investigations in prospective areas. During the early 1990's, total magnetic field and frequency domain electromagnetic surveys were virtually the sole techniques employed during follow-up surveys. Inevitably, the initially high rates of kimberlite discovery declined in the areas surrounding the original finds. Marginal magnetic and EM anomalies were all that remained to be tested and this spurred interest in the improvement of existing interpretation algorithms and in the application of additional complementary techniques to reduce the exploration risk. Gravity has become a popular third survey following the deployment of the Falcon (TM) airborne gravity gradiometer system by BHP Billiton in 1999 and improvements in ground techniques. Ground penetrating radar (GPR) has proven to be particularly useful in delineating kimberlite pipes following drill discovery and in exploring for kimberlite dykes in settings where indicator mineral trains indicate such targets are likely. Seismic methods have been tested for both reconnaissance and delineation but remain underemployed. Given the high cost of drilling in the North and the proven success of geophysical techniques in reducing exploration risk, it is likely that an increasingly diverse range of geophysical techniques and innovative interpretation techniques will continue to be applied in kimberlite exploration.

May 1, 2003

By J. C. Kurnia

Methane is recognized as one of the prime causes of underground mine disasters around the globe. A cost-effective mine ventilation system and methane control is required to ensure a safe and productive environment in an underground mine whilst keeping energy usage and operating cost at minimum. Typically methane enters a mine environment or tunnel from localized distributed sources at high initial concentration. Hence, an understanding of its dispersion from discrete sources is important to design a methane management system via effective ventilation. This study employs computational fluid dynamics to model methane dispersion in an underground tunnel which has a number of discrete sources of methane and effective ways to dilute and or disperse it. Air flow distribution within the tunnel as well as methane dispersion is simulated by solving the governing transport equations subject to appropriate boundary conditions. First, the effectiveness of ventilation duct placement is examined. Several possibilities are explored and investigated. It is found that the common configuration utilized in underground mine performs best as compared to other configurations in maintaining the concentration of methane below permissible levels. Next, a novel intermittent airflow ventilation system is proposed and evaluated via simulation with the goal of reducing the energy cost whilst maintaining methane level in the mining face below the allowable level. Parametric studies are conducted to investigate effects of various factors influencing the effectiveness and performance of this novel intermittent ventilation system. This study will provide some new ideas for designing an efficient and effective underground mine ventilation system by lowering the net average amount of air that needs to be circulated in the tunnel for a safe operation. KEYWORDS

Aug 1, 2013

By Karl J. C. Harries

This paper looks briefly at some of the agreements and types of royalties that may be met during exploration activities, but does not go into details relating to them. Agreements can either make or break a deal or relationship. A well drafted, comprehensive and fair agreement can create good relations and trust among the parties and will go a long way towards making a deal work. In the best of all worlds the agreement will be put away and not need to be referred to after it has been signed (but it will be there if needed to sort out potential problems). On the other hand, a poorly drafted agreement or one that is inappropriate to the circumstances or unfair to one of the parties can break a deal and end up with the parties facing each other in that expensive, unproductive and time-consuming occupation ? a lawsuit. Accordingly, it is advisable to involve professional advisers with any agreement. The straightforward one may involve no more that a read through whereas the more complex agreement will require considerable involvement. There is, however, one rule for every explorationist to remember: a professional adviser is only an adviser. His responsibility is to make sure that you have the necessary information to make a reasoned decision but the decision is yours, not the adviser?s. It is your deal, you are going to have to live with it, and it is inappropriate for an adviser to introduce new concepts or amend negotiated ones without your specific instructions. Mineral exploration agreements, although basically option, acquisition and joint participation agreements, come in all the shapes and forms, appropriate to give effect to the endless variety of deals negotiated by the ever-active minds of explorationists. You will note the reference to "joint participation agreements" rather than "joint venture agreements". The latter term was purposely avoided because, with the current activity of explorationists from common law jurisdictions in civil law jurisdictions, it has become necessary for the explorationist to become familiar with corporations and shareholders agreements. As most of you are no doubt aware, under the civil law system a joint venture is normally not recognized as a legal entity and, therefore, joint participation in projects is usually by way of corporations.

May 1, 2003

By John E. Udd

"In this paper the author presents the results of the 1992 CIM survey of graduates in minerals and technology programs in Canadian post-secondary institutions. As usual, the trends are out-of phase with the economic state of the industry. People who chose a minerals career in the prosperous days of the late 1980sare now entering a labour market in recession.The cyclical nature of enrollments is illustrated in a series of figures showing the trends since the CIM survey Wa5 begun in 1956 (and even earlier for mining engineering).In the survey, the respondents were asked to provide comments on their perceptions of the problems specific to minerals education in Canada. The large number of responses have led the author to the conclusions and recommendations given in the final part of the paper."

Jan 1, 1993

By Craig Faulkner

Discharge cones for large Semi Autogenous Grinding (SAG) and Autogenous Grinding (AG) mills are subjected to high wear as significant volumes of ground ore and slurry exit the mill. With the larger diameter mills of 32ft to 40ft in size becoming the norm, very high, concentrated wear is highlighting the limitations of conventional discharge cones and frequent changes are subsequently required. This paper outlines the advances made in the design of the Bullnose discharge cone. Superior wear materials to increase wear life over conventional rubber or chrome-moly steel discharge cones and the introduction of key design features to reduce reline times and improve fit and safety during installation, offer significant opportunities for the mill operator. Collated from multiple case studies, the wear data and reline history from 2004 to present clearly illustrate the way in which superior component longevity has reduced the frequency of relines over the life of the product to increase mill availability and effectively increase the tonnes milled in a period.

Jan 1, 2012

By Zhigao Xu, Ruan Chi, Zhenyue Zhang, Yaoyang Ruan, Zhengyan He

Weathered crust elution-deposited rare earth ore is a specific rare earth resource in China that is rich in middle and heavy rare earths. From surface to bottom, the weathered crust elution-deposit rare earth ores can be divided into humic layer, completely weathered layer, partly weathered layer, and bedrock. The exchangeable rare earth ions mainly exist in the completely weathered layer and partly weathered layer, and the exchangeable aluminum ions mainly exist in the humic layer. A novel solution injection method for use in the in-situ leaching technology of weathered crust elution-deposit rare earth ores was put forward based on the different distributions of RE3+ and Al3+ in the four layers. Avoiding the humic layer, only the completely weathered layer and partly weathered layer were leached by controlling the height of the leaching solution liquid level. In this way aluminum, the primary impurity in the RE leaching solution, can be decreased and the purity of the RE product can be improved. Meanwhile, the choices of available leaching reagents were broadened and the possibility of landslide disasters could be reduced.

Jan 1, 2014

By Stephen Williams

This paper examines manning best practice in the Australian mining industry. In particular, the paper considers a range of mining operations and their manning levels as measured by operational benchmarking. The benchmarking results presented cover 15 open pit and 37 underground studies in Australia. The data was collected as part of AMC?s benchmarking and operational improvement studies conducted between 1999 and 2008. The results examine overall manning levels in mining, processing and administration functions. Manning levels for a range of mining methods, including open pit and underground methods, are segmented. Productivity measures such as ore tonnes per man day and metres developed per man day are presented and where direct relationships can be established, the relationships are described. Finally, the paper considers perspectives on best practice with regard to manning in the Australian mining industry and the limitations in application of this type of analysis in a global context.

May 1, 2009

By A. -I. Abenhaim, I. Sasu, C. Perron, I. Mantegh, S. Larose

Manufacturing long shafts, such as those used in turbine engines, normally involves with drilling inside them in order to take the excessive mass out. Concentricity between the shaft axis and that of the drilled hole is very crucial as it impacts the mass distribution around the axis of rotation. It is important that the shaft mass be well balanced around the central axis in order to minimise the centrifugal forces on the bearings and supporting structure as well as any unwanted vibrations. The eccentricity problem, mostly in long shafts, comes due to machining limitations. It is difficult in long shafts to maintain the concentricity tolerances while drilling inside the shaft. In this work, we address the problem of correcting this eccentricity problem, i.e., when the axis of the inside hole deviates from the central axis. The presented work is based on a threepoint bending method and investigates its effect on the residual stresses and plasticity regions induced on the shaft. A full finite element model is presented that can used to design the solution parameters (bending load, location, etc.) and predict the effect. Limited experimental results are also presented to validate the finite element modelling.

Jan 1, 2006

By Alessandro Navarra

Discrete event simulation provides a computational framework in which the use of smelting equipment can be analyzed and optimized, leading to the development of alternative modes of operation. Much of the complexity of copper and nickel smelters is centered on the converter aisle. These converters operate in parallel, produce batches, and set the tempo for the downstream operations. In practice, smelter staff schedule daily operations to coordinate the smelting furnaces and converters with downstream operations. Thus, a realistic simulation of smelter operations, over hundreds of days, should incorporate converter scheduling algorithms as presented in this paper.

Jan 1, 2014

By S. F. Dudka, T. Dang, M. L. Wong

Abstract - The Nui Phao W-F-Cu-Au-Bi deposit is located in one of the poorest regions of northern Vietnam. The deposit is currently undergoing a pre-feasibility study by Tiberon Minerals Ltd., with a view to developing what would be the largest WO3 mine and one of the five largest fluorite mines in the world. The project is being planned in close compliance with World Bank and national guidelines for environmental and social protection. Development of the mine is anticipated to bring the following benefits: remediation of serious pre-existing environmental conditions (natural and anthropogenic heavy metal contamination and acid rock drainage); provision of employment and training, and thereby wealth, to local communities; significant tax and royalty payments to government, which will be reinvested as social spending; and development of municipal and industrial infrastructure to build sustainable post-mining communities. The role of governments at all levels is critical in guiding and facilitating this process. This paper was written prior to development of the mine, and relays the intentions of the developers. Future studies will be needed to evaluate the degree of attainment of sustainable development objectives, both during mine operation and after closure.

Jan 1, 2003

By R. U. Seneviratne, B. K. Ahlgren

In this paper we follow various technological discoveries and developments in the purification of minerals and metals in the mining industry by ion exchange. For approximately 100 years, ion exchange has been a known and variously applied purification and separation technology used by scientists and producers. It would seem obvious that the producer’s objectives have always been to achieve the highest quality products and the lowest operation costs, but also with the least amount of technological complexity. As a strategy to reach these goals, much effort has been expended in the quest to improve continuous ion exchange (CIX) systems by reducing utility needs and resin degradation or loss while at the same time improving productivity and reliability. Recent developments from a number of companies have pushed equipment boundaries, resulting in a variety of unique commercial equipment designs each with a varying degree of success. The challenge set forth for all new designs has been a truly continuous process with no sacrifice in the afore mentioned benefits. One very recent equipment design based on system symmetry appears to meet many of these objectives with greater flexibility and less complexity resulting in better economics for the producer.

Jan 1, 2014

By Eva Surová, Molák. Bohumil, Márta Polgári

The Úrkút rhodochrosite deposit and Branisko Mn showings (rancieite, manganiferous calcite), located in Lower Jurassic marine sedimentary rocks with black shale, were studied by organicgeochemical methods. Both depositional localities were affected by the Lower Jurassic Toarcian anoxic event. UrkUt shales are rich in organic matter (av. 2.94 wtOJo total organic carbon), the composition of which indicates derivation mainly from marine sources, with some terrigenous component. The shales matured in a bacterially active environment under reducing conditions of diagenesis-catagenesis. Branisko shales (~0.2 wt % TOC) with lenses of Mn oxide ore were weakly metamorphosed and their organic matter thermally degraded. The model for Mn carbonate ore formation envisages reaction of Mn derived from sediments, with carbonate generated by a bacterially mediated process of decomposition of organic matter that also involved Mn reduction.

Jan 1, 1992

By C. Bissue, G. M. Castillo

Newmont’s Phoenix mine started production in March of 2006. Due to the extreme hardness of the ore, the mill has struggled to meet throughput projections. Grinding studies showed that optimizing the existing circuit would not achieve budgeted throughput. These studies also showed that the pebble crusher was being underutilized due to the inability of the SAG mill to break the rock. The concept was developed to supplement the feed to the existing pebble crusher with a secondary crusher. Models of this process looked favorable so a portable crusher was installed to test the process. The temporary crusher was successful at increasing the throughput by 7% and based on the operating data, plans are currently being developed to install a permanent secondary crushing system in front of the SAG mill. This paper will review the results from the test crusher and the flow sheet for the permanent secondary crusher.

Jan 1, 2012

Arguably the SMC Test® has become the most popular laboratory hardness test in the world with over 17,000 tests having been completed to date, covering over 650 different ore bodies. It is now routinely used in design, optimisation and orebody profiling projects. The test is unique in that from relatively small amounts of drill core it simultaneously provides parameters that are used in simulation modelling of AG/SAG and crushing circuits as well as work indices that are used in power-based equations for predicting the specific energies of AG/SAG/Crushing and HPGR circuits. The very large data base that has been accumulated has provided the opportunity to study the differences in variability from deposit to deposit. This paper describes and discusses the trends that have become apparent from the study of this data base. Recommendations for appropriate selection of sample numbers are also made which are based on these trends.

Jan 1, 2012

By K. Soldenhoff

Mantra Resources Ltd is developing the Mkuju River project is southern Tanzania. The uranium deposit, hosted in ?Karoo? sandstone, is surface outcropping with the majority of uranium mineralisation occurring in the finer clay component of the ore. A flowsheet, consisting of ore beneficiation, acid leaching, RIP uranium recovery and direct precipitation of the uranium product, was developed and successfully demonstrated in continuous mini-plant operations at ANSTO. The selected flowsheet overcomes the difficult slurry rheology, arising from the clay component of the ore, by eliminating the need for a CCD plant. The RIP process was found to contribute to a high uranium extraction, by eliminating ?preg-robbing?, at a relatively low acid addition in leach, with the potential to eliminate ferric ion and oxidant additions.

Aug 1, 2010

By Marcel M. Djivre

The paper will outline the destructive test methods and test procedures including the evaluation criteria currently used at the Materials Testing Laboratory (MTL), Sudbury, Ontario, Canada, a laboratory approved by the Ontario Minister of Labour for the purpose of testing or examining mine shaft ropes or other hoisting appliances. For the evaluation of the mechanical properties of rope samples used in "ultra-deep" single-lift shafts, additional discard criteria used in Ontario, Quebec and South Africa shall be presented. Most of the methods and test procedures currently used at MTL can also be found in the current CSA G4-00 Standard, Steel Wire Rope for General Purpose and for Mine Hoisting and Mine Haulage, published in November 2000. In this latest or sixth edition of CSA Standard G4-00, a new Clause 14 has been added outlining the requirements for in-service destructive testing of steel wire ropes for mine hoisting applications. The CSA G4-00 Standard is also intended for the manufacturing of new ropes, and includes requirements for raw materials and construction features for round strand and flattened strand rope, and locked coil rope in bright and galvanized finish. To-date the Ontario Mining Regulations require only that destructive test of new ropes be performed in accordance with CSA Standard G4-00, but does not require conformity to the Standard, and on the other hand the inservice wire ropes are required to be tested in accordance with CSA G4 and thus require conformity. The author recommends that the Ontario Mining Regulations (and regulations of other mining jurisdictions) be improved in order to ensure quality control in the manufacturing of wire ropes destined for mines in Ontario (and Canada). Also, the author recommends the revision of the CSA G4-00 Standard by the technical committee in order to address manufacturer?s concerns with respect to compliance, and harmonize the Standard with Internationally recognized Standards.

Apr 1, 2005

By Jeff Bird, Xijia Wu, Prakash C. Patnaik

"Prognosis and health management (PHM) is an evolving suite of technologies intended for application to the life cycle management (LCM) of mission/safety critical systems, with anticipated results, which will: - Reduce life cycle cost - Enhance operational safety and readiness - Assist in maintenance decision-making - Enable autonomic logistics While it is emphasized in the United States that future multi-mission fighter aircraft such as Joint Strike Fighter (JSF) must have PHM capabilities, Canadian initiatives also recognize the need to implement such schemes for future and legacy military and civil aerospace systems. With respect to four major technology areas of PHM, i.e., i) advanced sensors, ii) data analysis and fusion, iii) life consumption evaluation, and iv) predictions with reliability/risk assessment, there has been advanced technologies developed by NRC and others within Canada: - Aircraft/engine instrumentation and airborne data recording systems - Signal analysis and data fusion - On-line engine health monitoring - Physics based models for engine material failure modes and life prediction - Autonomic crack growth analysis for damage tolerance of engine components - Mission severity analysis algorithm - Probability, reliability and risk assessment This presentation reviews the above technologies in relevance to PHM, emphasizes the need to have physics based models and outlines the future R&D needs for integration and implementation of these technologies suitable for the advanced and legacy aircraft."

Jan 1, 2004

By Guoxiang Chi

Hydrocarbon fluid inclusions entrapped in diagenetic minerals may be used to constrain hydrocarbon exploration models in two aspects. First, the distribution of different types of hydrocarbon inclusions in different tectonostratigraphic domains, and their relationships with organic matter maturation levels may reflect a regionalscale variation in the thermal regimes of the hydrocarbon systems. Second, the relative timing of hydrocarbon inclusions in the diagenetic history may provide constraints on the evaluation of reservoir potential. This paper summarizes the distribution of hydrocarbon inclusions in four different Paleozoic tectonostratigraphic domains in eastern Canada, discusses its implications on hydrocarbon systems in the different domains, and finally provides two examples to show how the relative timing of hydrocarbon inclusions may be used in the evaluation of reservoir potential. Oil inclusions mainly occur in host rocks that are within the oil zone, although some are found in units in the condensate zone. Light hydrocarbon inclusions occur in the dry gas zone, and methane inclusions were found from dry gas zone to anchimetamorphism zone. This correlation between hydrocarbon inclusions and host rock maturation implies that the hydrocarbons were derived from source rocks having a maturation level broadly similar to the host rocks. Although the Paleozoic rocks are generally relatively poor in reservoir quality, the two examples provided in this paper show that in some stratigraphic units, significant secondary porosities could have existed prior to some hydrocarbon migration events, thus favoring the accumulation of hydrocarbons.

May 1, 2001

By Simon Pelletier, Jose Delgadillo, Dave Page, Pramod Kumar, Raj Rajamani, Dilek Alkac, Martin Fillion

"In general, many past works examine mill load, mill power, shell lifter design etc with a view to improving the mill capacity. On the contrary, only a handful of papers have addressed the transport of fine slurry through the pulp lifters. We present the flow dynamics of pulp lifters via laboratory scale experiments, high speed photography and modeling with computational fluid dynamics. Next, the flow behaviour in ArcelorMittal’s Mont-Wright autogenous mill discharge flow is examined. In an effort to improve mill throughput, a comprehensive simulation and plant scale study of the mill was taken up with a focus on the shell and pulp lifter design. The shell lifter was found to be at its optimum limit for breakage of ore particles given the constraints of wear life and occupied volume. Next, the pulp lifter study was taken up with computational fluid flow code and discrete element code. The simulations directly showed that there was considerable carry-over of slurry. This effect was traced to the area restriction in the pulp lifter channels. Further, crash-stop studies confirmed slurry pooling within the mill. Thus it was readily apparent that mill throughput can be increased if the pulp-lifter could be redesigned. Consequently, the discharger section of the pulp-lifter was redesigned.First, this paper outlines the modeling in laboratory scale studies and plant scale studies leading up to the discharger design. Next, the discharge flow in seven different published mill surveys is predicted with computational fluid dynamics (CFD) methodology shown here. Finally, Mont-Wright mill circuit performance before and after the discharger redesign is described. The usefulness of fluid flow simulations in the design of pulp-lifters is emphasized."

Jan 1, 2012