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By P. Reyes

The start up and operational optimization of the No. 3 Oxygen Plant at the Caletones Copper Smelter of the Codelco - Chile El Teniente Division is summarized. In addition, the economic impact of such optimization on the production cost of oxygen and others aspects associated to the operational robustness as well is detailed.

Jan 1, 2007

By J. Salazar

This paper presents a dynamic simulator of the semi-autogenous grinding operation deduced from first principles (non-stationary population balances) coupled to a Model-Based Real-Time Optimization (MBRTO) system to study optimizing strategies for an industrial semi-autogenous mill using genetic algorithms. For the design of the MBRTO both a validated first-principle steady-state model adapted on-line and a dynamic model were used to study the transient effect. The objective function considered is to maximize the ore throughput or the fine-product rate by changing the power-draw. For these purposes, these two performance indexes were introduced as fitness functions in the genetic algorithms. The three decision variables used were the ore feed rate, the water feed rate and the mill rotating velocity. The optimization problem was solved using a classical genetic algorithm with constant population. Constraints in the power draw and the filling level were handled by assigning a penalty function to the fitness function. Simulation results using industrial data for a large 1800 t/h copper-ore mill show the effectiveness of the system in finding the optimum controller set-points as a function of the process-operating constraints; mainly maximum ore feed rate, power draw and filling level. Starting from non- optimum conditions, the optimizer is able to improve the global performance index by 50% relative to a base case.

Jan 1, 2007

"The Pierre Beauchemin Mine attained commercial production in January 1989, and went on to produce 23 968 ounces of gold for the year, 3% higher than forecast. Underground development was accelerated to prepare the way for the production of an estimated 40 000 ounces in 1989.IntroductionThe Pierre Beauchemin Mine is located nine miles west of the city of Rouyn-Noranda (Fig. I).As a result of the amalgamation with Sullivan Mines in October 1987, the mine is now entirely owned by Cambior Inc.The Eldrich deposit was discovered in 1953and began production in 1955, closing in 1962 following the decrease in gold prices and the simultaneous decrease in silica content in the ore, which was sold to the Noranda smelter for flux. A total of 717 000 tons grading 0.14 oz Au/t were produced during this period.From July 1984 to October 1987, an underground exploration program was carried out by Sullivan on the Eldrich mining concession and the nearby Flavel property. The first phase of the program included reinstallation of surface facilities and dewatering of the Eldrich Mine. Following the completion of the first phase, extensive exploration was carried out, including a major program of diamond drilling. It was then decided to deepen the shaft to a depth of 1800 ft to access a new zone called the No.5 Zone .Following the amalgamation with Sullivan in October 1987, Cambior assumed the role of operator for the project, and continued the shaft deepening work that had already been started. A feasibility study was completed in April 1988 and the Cambior board of directors approved a production decision for the Eldrich-Flavel project.The preproduction program extended from May to December 1988 and was aimed at preparing the stopes in the upper part of the mine and at developing the mine infrastructure at the bottom of the mine.The mine was officially opened in August 1988. Cambior renamed the project the Pierre Beauchemin Mine in recognition of Pierre Beauchemin's pioneer-work."

Jan 1, 1990

By R. R. Stone

"This paper will examine the role of debt and equity in project financing and will illustrate the impact on the return to the project sponsor of each type. Conventional debt sources will be examined, as will product purchaser advances, foreign export-import bank loans and lease financing. The paper will review guarantees, charges against the project, dividend restrictions and other commitments. It will also discuss various features of sales contracts and the degree to which they can assist in securing financing. IntroductionThe cost of bringing new mining projects on stream is escalating significantly more rapidly than general rates of inflation. Reasons for this include the higher costs of safeguarding the environment and ensuring the health and safety of workers. The need to develop properties in more remote areas is also a significant factor. These higher costs have not been matched by increases in metal prices, making the task of financing these projects ever more difficult. At the same time, the imagination of borrowers and lenders seems boundless, and innovative schemes for financing projects are constantly being unveiled.It is probably safe to say that no two projects have ever been financed in precisely the same way and the number of financing options for any project is limited only by the imagination of the sponsors themselves. The objectives of the project sponsor represent the most important factor in determining the scope of possible financial arrangements. For example, the sponsor may wish to maximize over-all company leverage by isolating each of its projects in separate companies. In so doing, it hopes to facilitate more ventures than would otherwise be the case. These objectives point toward true project financing. Additional objectives may be to develop a number of its properties by joint venture and to reduce the amount of debt on the sponsor's balance sheet. Those sponsors whose objectives include minimizing over-all financing costs will wish to increase the number of financial options and, as a result, will not be so concerned with effecting true project financing. This approach may also provide ""greater certainty that tax benefits are utilized quickly."

Jan 1, 1980

By E. S. Moore

"The Michipicoten-Goudreau area, bordering on the northeast corner of lake Suferior, has had a tectonic history related to that of the geosyncline occupied by this lake. This basin has been a major structural feature in the Canadian Shield since at least late-Precambrian time. It has been extensively faulted and was the centre of great igneous activity in the Keweenawan feriod . Many of the faults, folds, dykes, and sills in the surrounding regions tend to head directly or indirectly into this basin. Some of the faults in the Michipicoten-Goudreau area appear to run under the eastern part of lake Superior just as the large Keweenaw fault in Michigan extends into the lake on the south side. Some of these faults may even be extensions of or counterparts of the faults on the south side of the lake. Another set of faults in the Michipicoten-Goudreau area runs nearly transverse to some of these major faults, and it is evident that in some places movement has recurred at a later time on faults formed in an early period.STRATIGRAPHYThe rocks of this area, with the exception of Pleistocene and Recent formations, are all Precambrian:"

Jan 1, 1954

By J. B. Mawdsley

A LITILE north of the geographic centre of the Province of Saskatchewan, 150 miles north of the city of Prince Albert, is a narrow green-stone and sedimentary belt of pronounced structural characteristics. This belt, generally known as the Sulphide Lake belt, is about two and a half miles wide. During the past three years prospecting has uncovered numerous gold-bearing showings occurring chiefly along the centre of the belt for a distance of at least nine miles. The number of these showings, the nature of some of them, and their relationship to strong structural features, make it altogether likely that intensive work will eventually locate ore-bodies that will be of economic importance. The discovery of gold in the fall of 1938 on the south shore of Mackay lake, about five miles northwest of the Sulphide Lake gold-bearing belt, indicates that there are neighbouring zones of interest. This paper, an attempt to outline the present status of the interesting mineralized belt, is based largely on the information gained on a five-day tour of this district, made in August, 1939, on behalf of the Department of Natural Resources of the Province of Saskatchewan. The Sulphide Lake belt is named after a small lake centrally located in it. This lake and others are just north and within short portage distances of some of the long bays along the north shore of Lac La-Ronge, an irregular, island-studded lake, about twenty miles in diameter, in relatively rocky Precambrian country, just north of the Palaeozoic contact. The fur-trading post and settlement of Lac La-Ronge is on the west shore of this lake and a road, now under construction, will shortly link this community with the city of Prince Albert. In the past, the most direct route was an indifferent canoe route, in part following Montreal lake and river; more recently, the aeroplane has made this section easily accessible.

Jan 1, 1940

By D. Raicevic

After more than 93% of the uranium is extracted from Elliot Lake uranium ores by a sulphuric acid leaching process, the leach residue (tailings) contains small amounts of uranium and radioactive isotopes, particularly radium-226, which is the most serious health hazard. Heavy metal components and pyrite are also present, along with the gangue minerals. Currently, over /000 acres of the Elliot Lake area are covered with these tailings, which contain over five million tons of pyrite. Because of constant oxidation of the pyrite by bacteria (thiobacillus) and the presence of moisture, pyrite slowly generates sulphuric acid, which steadily leaches the metal-bearing constituents from the tailings. The seepage-flows of the dissolved contaminants, although often quite low in volume, have an environmental impact on the Elliot Lake area. Although these seepages are treated and most of the contaminants removed and impounded, a small amount of the radioactive contaminants reaches Lake Huron via the Serpent River. This paper describes a flotation approach for treatment of the Elliot Lake uranium tailings to produce new, decontaminated tailings practically free of pyrite, with radium, thorium and uranium contents considerably reduced. The decontaminated tailing produced, which comprises about 75% by weight of the current uranium tailings, appears to be suitable for mine backfill. Because mine backfilling normally uses about 50% of the plant tailings, the surface storage of about half of the uranium tailings, therefore, would be eliminated by this process. Mine backfilling would also increase the mine production and thus enlarge the over-all uranium resources due to recovery of the ore from pillars. The pyrite concentrate produced from the current uranium tailings would be suitable for sulphuric acid production. The possibility of uranium recovery, and disposal of radium and thorium from the concentrates produced, is now being studied at CANMET.

Jan 1, 1979

By Randy Billing, J. Fraser Wilson

"IntroductionThe job of designing and implementing effective environmental management sounds like what one executive, assuming responsibility for a very sick organization with lots of potential described as, ""an insurmountable opportunity"".Effective environmental management is an opportunity, no doubt. Its an unusual, if not unique opportunity. Insurmountable? Maybe not! Indeed, in the authors' experience, the keys to unlocking this opportunity are not in new or complicated technicalities; they are in the existing strengths and successful experience that one has in managing other complex and exacting management issues.To begin, it is necessary to understand what these issues of sustainable development mean to business. What is the nature of this opportunity? What makes it look unsurmountable?New Games: New RulesLawyers have described some of the new rules companies are facing and there is a new game being played; a game characterized by unique challenges.Take two, for example: • The ecological problems to be faced are Mother Nature's business, the political solutions required are our business. This combination of natural problems and political solutions requires the development of new management mechanisms, to bridge the gaps among us, as individuals, as professions, as interest groups and so on; indeed, even as countries;• and gaps there are : about as many gaps as the people involved : many of them with new and changing expectations, often mutually exclusive and not negotiable.The challenge of these relationships and communications among so many different interests is one of the keys to effective environmental management.Like any game, this one has rules and they are new, too. These rules are evident not just in new legislation - tough legislation with draconian penalties; they are also evident in new and exacting business policies, value driven and just as unforgiving of poor performance. Senior management of many companies are speaking about the role of enlightened corporate policies and how important it is for everyone involved that these policies drive and reflect business practices. Absence of day to- day behaviour which evidences the words in action, the policy on the wall of a corporate office or published in an Annual Report is first evidence for the prosecution , not the defence.The challenge of practical policies is another key to effective environmental management.This is a new game, with new rules: the challenge of change."

Jan 1, 1991

By M. S. Hedley

"The Lucky Jim mine is at Zincton in Slocan mmmg division; on the Kaslo-Nakusp branch of the Canadian Pacific railway. It is owned and operated by Zincton Mines; Limited; a subsidiary of Sheep Creek Gold Mines; Limited. The mine is far in the lead in the production of zinc in the Slocan. Its recorded production from concentrates and shipping ore was 102; 260; 191 pounds of zinc to the end of 1945.GENERAL GEOLOGY With the exception of acidic dykes the rocks near the Lucky Jim mine belong to the Slocan series, which is Triassic in age and consists principally of argillaceous rocks. It disconformably overlies greenstones of the Triassic Kaslo series about 3 miles to the northeast, and is cut by granitic rocks of the Nelson batholith 5 miles to the southeast.The sedimentary rocks in this area are best referred to on the whole as slates. They lie within the more fissile basal part of the Slocan series. The term 'slate belt' conveniently distinguishes this area of rocks characterized by slaty cleavage from the more massive argillites that are more characteristic of the Slocan as a whole. The contact between the slaty and massive argillites lies ½ mile southwest of the mine."

Jan 1, 1954

By Jean-Pierre Birat, François Hanrot, Gérard Danloy

Global warming presents an enormous challenge to the steel industry, which is both carbon-intensive and energy efficient. Lean production can provide some short-term emission mitigation, at the level of the Kyoto requirements. In the middle term, more use of scrap will also help alleviate emissions. But to reach much larger reductions in GHG emissions, on a par with the likely targets that will be set after the Kyoto period, the steel industry will have to imagine new production paradigms, which constitutes its most formidable challenge for the years to come. Carbon capture and sequestration, processes leaner in carbon use, electricity and hydrogen from green sources will have to be added together in a patchwork of process routes, which will have to be developed at great risk in the next decade, hopefully through broad international cooperation.

Jan 1, 2004

By A. P. E. Dirige

In order to maximize the recovery of ore and to save on costs in undercut mining, backfill of low cement content is used to fill the mined out excavations. This backfill mass is supported by a sillmat structure cast from cemented backfill of very high strength. The stability design of sillmats must be carefully studied to provide very effective, safe and economic mining operations. This paper presents a methodology and procedures for sillmat design based on three engineering modeling approaches: analytical, numerical and centrifuge modeling. Application of the design approach is demonstrated from a design study conducted for an underground gold mine, aimed at minimizing backfill binder content and at producing cost efficient paste fill recipes for sillmat construction. Application of the engineering design recommendations was projected to result in substantial annual cost savings to the mine operation.

May 1, 2007

By J. B. Watts

"THE Mine Engineering Department at Gaspe Copper is staffed by a chief engineer, assist-ant engineer, research engineer, chief surveyor, four instrument men, chief bonus clerk, draftsman, and a helper pool of four permanent men plus one or two students in the summer. The men are grouped according to function for organization purposes. Routine services provided by the Mine Engineering Department in-elude ail surface and underground surveying and mapping, preparation of working drawings, compilation of engineering reports, recommendations on ventilation, testing the mine air for carbon monoxide, research on mine equipment and its use, and the calculation of incentive bonus. Demand jobs from departments other than the Mine Department .are done on request. Such jobs may be in the plantsite, the Town of Murdochville, or at the shipping points at Gaspe harbour or the St. Lawrence river."

Jan 1, 1959

By E. L. Martheleur

A general expression for the electric power generated or consumed in a direct-current circuit is obtained by multiplying the reading of a suitable voltmeter connected across the terminals by the reading of an ammeter connected in the circuit. by the reading of an ammeter connected in the circuit. When alternating currents are considered, the product of the volts and amperes as obtained for direct currents does not generally represent the true energy involved; it is greater than this true energy and should be multiplied by a certain factor which may have any value between zero and unity, according to the conditions of the circuit. This factor is called the power-factor of the system, and expresses the ratio of the true energy over the apparent energy. For a three-phase system the expression of the apparent energy is [\/ 3 x E x I; ] while the expression of the true energy, that is, energy suitable for mechanical work, is [v? 3 x E x I x cos A.] The total current of a circuit corresponds to the reading of an ammeter connected in the circuit; it is the resultant of two currents. The first of these is in phase with the voltage, and is that portion which really produces mechanical work; the second is always in quadrature with the voltage, that is it may lead or lag the voltage by 90° according to the condition of the circuit. This second current does not produce any sensible work, and for this reason is sometimes called wattless current or reactive current.

Jan 1, 1924

By Y. Wong

The quality and quantity of secondary deposits, which include tailings streams and tailings dams, are increasing around the globe. The tailings are already mined, available and liberated to such an extent that the recovery of a valuable product is highly economical in terms of CAPEX & OPEX. The most widely used process for the recovery of these valuable ultra-fine haematite iron particles is the Wet High Intensity Magnetic Separation technique, originally developed by Dr. Jones over 55 years ago. Many of the original machines are still working today. The aim of this paper is to demonstrate the capabilities in terms of grade and yield of using sophisticated magnetic separation modules. All results and figures are obtained from test works, design- and engineering works. Two types of tailings have been identified for processing. Firstly, tailings that have already been deposited in a Tailings Storage Facility, and secondly, live tailings streams from an existing wet iron ore beneficiation plant. In both cases, the technical and practical results are shown along with relevant flow sheets and plant layouts. Finally, this paper highlights the total predicted power- and water consumptions, capital requirements and projected operating expenses. The results show that the operating costs are significantly lower than the mining and processing operations which are required for an equivalent amount of iron ore. The recovery % of iron depends on various factors but is within the 30–50% range, at an equivalent grade to the mainstream product. Another significant benefit is that the magnetic separation process is water positive, meaning that water is released rather than added in the process. The processing of secondary deposits will therefore result in an overall reduction in operating costs, an increase in product yield from a plant, extend the mine life and offer environmental benefits by reducing the tailings footprint and water usage.

Jan 1, 2016

By John Smith

"The RTZ Corporation PLCFrom a company's point-of-view, a good investment decision is one which results in the purchase of an asset that is worth more than it costs. Thus, in order to judge the merit of an investment opportunity, it is necessary to estimate the value of the assets to be acquired.Discounted cash flow (DCF) analysis has become widely adopted by companies in assessing potential new investments. The principle is a simple one: invest in projects which have a positive net present value, and reject those which do not. However, perhaps because of its apparent simplicity, DCF analysis is frequently misused. Good practice in the use of the technique is discussed, together with several common misconceptions.Sound analysis requires sound data; thus, the valuation process relies heavily upon a wide range of specialists to provide the basic input from which cash flow forecasts can be built up. The analyst must maintain close liaison with these specialists from the outset in order to ensure that the data provided is indeed relevant and complete.IntroductionBefore turning to the main subject of this paper ""How Companies Value Properties"", it is of interest to consider first a slightly different question ""Why do Companies value Properties""? In other words, for what purposes are such valuations prepared? Certainly the commonest, and probably the most important circumstance in which a valuation is required is when the company is considering an investment opportunity. This may be the direct purchase of a property or group of properties from a third party, but could also be the opportunity to develop a new operation or expand an existing one.A very simple objective in making any kind of investment is to make our shareholders richer than they would otherwise have been. That is, to make investments whose value to shareholders exceeds the consideration required to acquire them. Thus the investment decision focusses on the difference between an asset's value and its cost.This distinction between ""value"" and ""cost"" is an important one. Study of a company's balance sheet may tell a lot about the cost of this company's assets, but very little about their value. Then again, it is sometimes argued that a business should be bought because this will result in assets being acquired for less than their replacement cost. This merely compares one cost with another, it says nothing about value."

Jan 1, 1991

By Lawrence Devon Smith

"The Management and Economics Society has undertaken a survey of industry practice in the evaluation of mineral projects. The survey addresses a number of issues relating to evaluation techniques, discounted cash flow methodology, and risk. Completed during the spring and summer of2005, the results provide a record of opinion at an active and vital time in our industry.The 2005 survey questionnaire was distributed by e-mail to groups and organizations around the world. There were 22 respondents out of several hundred questionnaires distributed (we gather this small proportion of respondents is typical for such surveys). The responses, although a small number, show a consistency that suggests that the survey has captured the views of the industry. The results of the survey are summarized below in series of tables and graphs.The reader is cautioned that the results are a snapshot of industry practice at a point in time as represented by a small sampling of the industry's practitioners. These results should be viewed as indicative values."

Jan 1, 2003

By H. Clare Horwood

"In the Little Long Lac-Sturgeon River area of Thunder Bay district, Ontario, most of the known ore deposits occur in fractures, shear zones, and zones of brecciation, in folded sedimentary rocks . In two or three instances, however, deposits occur in Keewatin greenstones and in later granitic rocks of probable Algoman age.The principal regional features in the area are the long narrow bands of Keewatin volcanic rocks and Timiskaming sedimentary formations that extend east from lake Nipigon to Long Lac, a distance of about 65 miles. The belts continue to the east for many miles beyond Long Lac and probably for some distance to the west under the waters of lake Nipigon. They are intruded in places, particularly in the north, by large masses of diorite, granodiorite, and granite. Small intrusive masses of diorite and porphyry also occur in many localities throughout the area.The Little Long Lac-Sturgeon River mining area is the youngest camp in Ontario and has been in production only since 1934.The district is readily accessible from the branch line of the Canadian National railway between Longlac station on the main line and Port Arthur, and from the Trans-Canada highway No. 17. Both these means of communication traverse the area in a general east-west direction parallel with the principal structural trend of the rocks of the region.In the Little Long Lac section discoveries were made by W. W. Smith in 1931 (Hard Rock property) , by T. A. Johnson in 1932 ( Bankfield property) , by T. A. Johnson and T. Oklend in 1932 (Little Long Lac property) , by F. MacLeod and A. Cockshutt in 1933 (MacLeod-Cockshutt property) , and by George and Frank Papineau in 1935 (Hutchison Lake property).In the Sturgeon River section discoveries were made by Powers and Silam in 1925 (Northern Empire property), T. A. Johnson in 1931 (Dik-Dik property) , and by Russell and James Cryderman in 1935 and 1936 (Sand River and Leitch properties)."

Jan 1, 1954

By R. G. Gillies, C. A. Shook, W. H. W. Husband

"The current state of knowledge concerning pipeline transport of coal in water slurry form is summarized for the four categories: coal-water fuels, conventional fine coal slurries, coarse coals and stabilized mixtures of coarse and fine particles. Surface chemistry is of dominant importance for coal-water fuels and considerable progress in understanding the role of surfactants has been achieved in recent years. Little generalized research on the flow of conventional fine coal slurries has been done in the past 17years, although innumerable conceptual designs and feasibility studies have been undertaken. Coarse coal slurries are fairly well understood but the model which explains their flow requires more data to be established fully. Stabilized flow mixtures should probably obey the same model as coarse coal slurries but experimental results for stabilized mixtures have not yet been incorporated in a comprehensive theory.IntroductionPipeline transportation of coal in a water vehicle has been employed for many years in coal washeries. It has been used less frequently in hydraulic mining and thermal power station fuel supply systems. The suitability of coal for pipeline transport arises from its moderate specific gravity relative to the carrier fluid and the fact that throughputs are often large and steady over long periods of time."

Jan 1, 1990

By Kevin Azocar, Jim Hazzard

"Slope stability analysis is performed most commonly using limit equilibrium calculations or numerical models assuming a two-dimensional slice through an infinitely long slope surface. In areas such as open pit mining, where most slope surfaces are not planar, the importance of curvature becomes important due to the economic gains associated with creating a steeper slope. With advances in computing capabilities within the last decade, three-dimensional slope analysis can be performed within reasonable time frames. Some work has been done on the potential importance of curvature on slope stability, mainly assuming homogenous materials with a circular shear-failure mechanism. However, many open pit mines are excavated in jointed rock mass where a completely different set of failure mechanisms can be seen. Depending on the geometry and radius of the pit, the curved geometry may influence the factor of safety and failure behaviour compared to a two-dimensional slice.A series of numerical analyses were performed to investigate the effect of curvature on jointed rock slope stability compared to an equivalent two-dimensional slope analysis. By using discrete element method models, the influence of joint planes and interaction between distinct blocks can be seen. With a three-dimensional model, the effect of curvature can be combined with multiple joint sets at any orientation, which cannot be seen in a single slice. Numerous three-dimensional models are created, along with an equivalent unit-thick slice. The effect of curvature on a variety of different types of failure mechanisms is observed, and graphical relationships are created to quantify the difference between the three-dimensional factor of safety and the two-dimensional factor of safety based on the degree of curvature."

Jan 1, 2015

By Stanley Davidson

Introduction The ore deposit mined by Falconbridge Nickel Mines, Limited, is one of the numerous nickel-copper sulphide bodies marginal to the large oyster-shaped mass of differentiated norite in the Sudbury district, famous as the world's most important nickel producing field. The unique character of the ore deposits of the district has resulted in its intensive geological study over a period of more than fifty years. The results of these studies have given rise to a voluminous geological literature and to a great deal of controversy as to the genesis of the ores. This description of the structural geology at the Falconbridge mine is presented in the hope that it may form a small part of the chain of evidence leading to a reasonably satisfactory explanation of the ore genesis. The mine, named after Falconbridge township in which the deposit occurs, lies along the southeast margin of the norite mass which, however, is here concealed beneath a deep mantle of glacial sands and gravels averaging over 100 feet in thickness. As a consequence, the deposit was not discovered by the early prospectors, and it was not until 1916-17 that E. J. Longyear, of Minneapolis, located the ore by drilling. The discovery was foreshadowed in 1899 by the work of Thomas A. Edison, who found indications of the deposit by what is believed to have been a combination of magnetic and electrical geophysical surveys. He sank a prospect shaft over what has to date proven to be the largest and richest ore section in the mine. A wet quicksand layer at the rock surface proved impenetrable, however, and the "Edison' shaft never reached bed-rock.

Jan 1, 1946