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By Júlio C. Lúcio

Consider the case of a mining company with N investment opportunities in projects of different commodities. The problem is: since the company has limitation of capital, equipments, technical staffs, etc, what is the best portfolio of production projects in order to maximize expectations from shareholders? In the no-longer past, the traditional method for the selection of portfolio of projects was the rank-an-cut method. But, this does not properly account for the risk to which the company is exposed. The Markowitz?s Mean-Variance is an advance because the risk of the NPV can be estimated at the level of the company or even division of the corporation. The final product of the Markowitz?s model is the efficient frontier, in which, the manager can clearly understand the maximum return from existing assets and the associated risk level - but this model does not recommend which one is the best portfolio. In this paper we present a model to select the best portfolio considering not only economic indicators, but also requirements of production, constraint in investments, etc. We show that if investors are diversified, managers should select projects with highest return, regardless of risk. However, in practice, if bonuses of managers are tied to their performance, the choice for portfolio with lower return and risk can happen. Numerical application considering typical portfolio of large mining company is used as example.

May 1, 2009

By Andrew Chapman

The scope of the SA (Situational Awareness) working group is to analyze the effectiveness of information delivery systems in mining equipment and develop a unified display design, to mitigate against the proliferation of screens within equipment cabs. This working group comprises a variety of stakeholders representing a cross-section of relevant mining and mining-related organizations. This stakeholder network will help guide the direction of the working group towards a common, mutually beneficial end. For now, the focus is on shovel displays; however it should be noted that this work is expected to form the foundation for similar work with other equipment in the future.

Aug 1, 2013

Scope / Agenda ? What is Situation Awareness (SA)? ? Background on SA theory ? SA is critical in a wide variety of domains ? SA and human performance ? Consequences of poor SA ? Significant challenges for SA in mining operations ? Technology centric design ? SA-oriented design methodology ? Goal-Directed Task Analysis ? Design ? SA Measurement and Evaluation ? Applications of SA-oriented design

Aug 1, 2013

By D. C. Kaliampakos, A. G. Benardos

The existence of quarries near or even within the boundaries of urban centres is the cause of many environmental problems, despite their significant contribution to the cities’ development. Hence, the question arises as to how quarrying activities can be compromised within the spirit of sustainable development in big cities. In the case of Athens, two dominant, though opposite opinions have been formed. The first argues that all quarries must be forced to suspend their activities as soon as possible; the second presses for the continuation of quarrying. Consequently, the question is transposed on the dilemma between improved environmental conditions and economic development. This paper demonstrates that if a complete redesign is employed to specific, nonvisible quarrying sites, the continuation of quarrying activities is acceptable. It is a good compromise between the economical demand and environmental protection.

Jan 1, 2000

By C. B. Webber, W. A. Grell

"Sherritt Gordon's Ruttan Mine is a copper-zinc operation located approximately 600 miles north-west of Winnipeg. Open pit mining began in 1973 at 10,000 Tpd., with a change over to underground mining in 1981 producing 7,500 Tpd. Ore is crushed to -3/4"" followed by rod and ball mill grinding (two ball mills in series), differential copper-zinc flotation, and dewatering. The copper and zinc concentrates are trucked 75 miles to Lynn Lake, where they are shipped by rail to the HBM&S smelter at Flin Flon.This paper describes a method used to predict the effect of grind particle size on metallurgical performance, as well as details on the copper and zinc metallurgical performance due to fine grinding in actual plant operation.Initial statistical studies on historical data (including ore source, head gr3de, grind, etc.) indicated that copper and zinc recoveries increased with fineness of grind, in the range of 50 to 65% -200 mesh.In order to extrapolate beyond 65% -200 mesh, and to develop expected nonlinear relations between grind, Cu concentrate grade, and recovery, the assays of screen fractions of copper concentrate and tailing were used to determin8 the relation between net smelter return (a function of grade and recovery) and grinding cost. The optimum economic grind would be that grind at which the net smelter return less grinding cost reached a maximum."

Jan 1, 1982

By B. McLaughlin

Agnico-Eagle started sinking the Penna Shaft in 1995 with a hoisting plant capable of hoisting 1800 t/d from a 2240 m deep shaft. Exploration success led to the installation of a hoisting plant capable of extracting 4500 t of ore and 1800 t of waste per day from a depth of 2210 m. The introduction of a new rope selection factor, permitting a safety factor of 4.0, represented the breakthrough required for a cost-effective project. This paper describes the process taken to introduce the new rope selection factor and its impact on the original plant.

Jan 1, 2004

By J. T. Furey

"A pilot plant study was conducted to evaluate the performance of column flotation in the recovery of gold from a gold/tellurides bearing sulphide ore, and to compare the performance of column flotation to conventional ""mechanically agitated"" flotation.Tests were conducted in a 60 liter glass column with ground flotation feed split from a concurrently operating conventional pilot plant, thus permitting direct comparison between the two processes. During the test program, the effects of wash water rate, gas holdup, froth depth, residence time and flow bias were examined in detail.The ore had an average ""as tested"" feed grade of about 5 g/t gold and 1 % sulphur, with the gold occurring primarily as inclusions of montbragite (Au2Te3) in pyrite, with minor amounts of native gold. Conventional flotation using 60 minutes residence time across four roughing stages recovered about 97% of the gold into concentrates grading about 50 g/t Au. A single stage of column flotation roughing using 25 minutes residence time matched the conventional circuit recovery of 97%, but produced grades of+ 150 g/t Au. INTRODUCTIONColumn flotation is the most significant innovation that has occurred in the mineral processing industry in recent years and has become an important alternative to mechanical flotation. Column flotation has been most widely accepted and applied in cleaning service where it has frequently proven to be superior to mechanically agitated flotation. Roughing in columns has not been ignored, but early testing indicated that columns may not be capable of achieving adequate recovery and, to date, columns have not been seen as serious competitors for mechanical roughers."

Jan 1, 1990

By A. W. Stradling, M. J. Fairweather

"The selective flotation of lead, zinc and iron sulphide minerals is key to the economic performance of concentrators treating zinc-lead ores. Diagnostic metallurgy is a tool to quantify mineral behaviour as a function of particle size and liberation. The result of such analysis may be used to select preferred strategies to improve metallurgical performance. The zinc flotation circuits at three Teck Cominco operations: Sullivan, Polaris and Red Dog are compared here. This paper analyses operating data from each of these circuits. The effects of mineralogy and performance by particle size are emphasized. Metallurgical performance at these three concentrators varies substantially. Liberation size is the major factor in determining metallurgical performance. Complex mineralogy requires a fine grind to achieve effective liberation. Fine grinding results in offsetting decreases in concentrate grade through entrainment. The economic treatment of complex fine-grained deposits requires optimisation of regrind size for liberation without unduly compromising concentrate grade through gangue entrainment.INTRODUCTIONUntil recently Teck Cominco Metals Ltd. operated three mines treating zinc-lead ore. In order of increasing mineralogical complexity they are: the Polaris Mine on Little Cornwallis Island in Nunavut in the eastern Arctic, the Sullivan Mine in southeastern British Columbia and the Red Dog Mine in northwestern Alaska. Both the Polaris and Sullivan Mines have recently ceased to operate due to depletion of ore reserves.The ore type and associated gangue, mineralogy and iron solid solution vary significantly between these deposits. Table 1 summarizes some of the important differences"

Jan 1, 2003

By Scott G. Honan, Wayne F. Luinstra

"Since 1992, the concentration of gold using gravity methods has progressed to become an important part of production at Hemlo Gold's Golden Giant Mine. Currently, the gravity circuit accounts for approximately 25% of the Golden Giant Mine's Gold production. This circuit consists of a 30 inch Center-Drain Knelson Concentrator and a Shaking Table. The evolution of gravity concentration will be discussed with an emphasis on the economic justification for a gravity circuit as well as the practical aspects and metallurgical impact of operating such a circuit. It will be demonstrated that the operation of a gravity circuit has definite benefits to the operation of the Golden Giant Mill and will continue to play an important role in future gold production.1.0 IntroductionHemlo Gold Mines Inc. Golden Giant Mine is a 3000 TPD underground gold mine and milling facility located 40 km east of Marathon, Ontario. Mining is accomplished by means of sublevel longhole open stoping. The ore is processed using conventional crushing, 3-stage ball milling, conventional cyanidation and CIP processes. The mill and concentrator are described in more detail in other publications1,2.Since July of 1992, the Golden Giant Mine has been using a gravity circuit for gold recovery in the mill's grinding circuit. Despite the fact that gold recovery averages over 96% using conventional cyanidation and carbon-in-pulp processes, the gravity circuit has become an integral part of milling operations. This paper will discuss the economic justification for a gravity circuit as well as the practical and metallurgical aspects of its operation."

Jan 1, 1996

By T. Yeomans

NVI Mining’s Myra Falls operation is a forty-year-old underground mining operation feeding a 4,000 metric tonnes per day concentrator. The current mill, built in 1985, was designed to process a massive sulphide ore-body. This orebody, known as the HW, contains about 50% pyrite. Minerals of value are chalcopyrite and sphalerite, with precious metals occurring in all mineral types. By 1997, mining of a new ore-body, known as Battle-Gap, commenced. Mineralogically complex, the new orebody contains about 15% pyrite copper minerals, including primary chalcopyrite and secondary bornite, chalcocite and tennantite, combined with increased galena and sphalerite. Flotation performance generally decreased with increasing amounts of Battle-Gap ore types, with both copper concentrate quality (increased lead and zinc content) and copper recoveries being affected. Following significant metallurgical test-work, a new, fully sequential copper-lead-zinc flotation flow sheet and reagent scheme was developed. This sequential flow sheet was progressively installed and commissioned during 2006. Copper concentrate lead and zinc smelter penalty contents have been reduced by some 40%, while increasing copper recovery by 10%.

Jan 1, 2009

By M. Pekguleryuz, S. A. Argyropoulos

"The recovery of additions in light metals is an important parameter influencing consistency of the finished product, which ultimately means cost. Recovery is a function of many parameters such as assimilation speed, addition density, addition practice, liquid metal processing conditions, etc. In liquid metal processing operations, it is desirable to have the maximum possible recovery at the shortest possible time.In this paper a new index will be presented, namely, the rate of recovery (RR). This index quantifies the addition recovery and introduces the time dimension in the recovery increase. As such, the RR equips the liquid metal practitioner with an accurate picture of addition assimilation in liquid metals. Results will be presented on how this index is applied to a variety of additions in liquid aluminum. IntroductionThe data on addition assimilation kinetics offer a valuable parameter describing how fast a given addition enters the metal bath. These data may be expressed as gr m-2 s-1 of additive for a set of experimental conditions which might include bath temperature and degree of bath agitation among others. However, the liquid metal processing practitioner is more interested in the recovery of additions. In other words, the point of interest is the percentage of the used addition entering the metal bath. Ideally, the addition recovery can reach the 100% level. However, in practice, the addition recovery never or rarely reaches that level. Many factors can contribute to this. Some of these factors can be slow assimilation kinetics, addition density, addition practice, turbulence of the melt, etc. In some cases, sloppy addition practices can contribute to low recoveries, or even worse, to erratic recoveries.In this paper a new parameter is introduced. This parameter relates the maximum addition recovery observed over the time needed to achieve this maximum recovery."

Jan 1, 2002

By Patrick Polk

For many years, sulfuric acid producers all over the world have been forced to meet ever more strict environmental regulations to reduce SO2 emissions. The sulfuric acid industry has implemented new solutions in order to comply with the new lower SO2 emissions target. Haldor Topsoe (Topsoe) has responded to this challenge by continuously improving the range of VK sulfuric acid catalysts and providing tailor-made catalyst solutions to meet the demands of the sulfuric acid producers for lower SO2 emissions. Reducing emissions through catalysis: requires less capital than installing a scrubber, requires no additional process chemicals, generates no waste or by-product to dispose of. In 1996 Topsoe introduced VK69, a cesium-promoted vanadium catalyst, designed for operation in the pass(es) after the intermediate absorption tower in double absorption plants. The high activity of VK69 allows for a more than 50% reduction in SO2 emissions from existing double-absorption plants. Topsoe currently has more than 110 installations of VK69. To comply with the still more stringent regulations being placed on the sulfuric acid industry to lower SO2 emissions, Topsoe has developed a new sulfuric acid catalyst designated VK-701 LEAP5™. This catalyst was introduced to the market in 2010. VK-701 LEAP5™ is based on a novel technology which circumvents the internal transport deficiencies of existing commercial sulfuric acid catalysts and thereby offers exceptionally high activity in strong, SO3 rich gases. Sulfuric acid plants have used this catalyst to meet emissions requirements lower than previously believed possible with a catalyst only solution. This paper will present examples on how to reduce emissions by implementing a tailor-made catalyst solution using VK69 and VK-701 LEAP5™.

Jan 1, 2014

By Jacques Deraisme

The technology of percussion drilling is well mastered. The lower cost of percussion drilling allows more holes to be drilled for the same budget. However significant differences are often observed between percussion and diamond drill assay data. This is due to the increased level of contamination associated with the percussion drilling process. Statistical studies on twinned drillholes show that diamond and percussion assays cannot simply be merged in a traditional kriging approach. The question then arises on how to use both types of data to produce reliable resource estimates. To take into account the lower reliability of the percussion assays, a noise characterized by a variance is added to these data. The methodology consists of two steps: 1. Cokriging of the equivalent diamond value at the percussion assay locations. 2. Block kriging using diamond assays and equivalent diamond values, calculated previously, adding to these data a noise, whose variance is the cokriging variance of step 1. This particular way of achieving kriging is called kriging with variance of measurement error. The paper illustrates this innovative methodology with an application on an iron deposit. The results of this method is compared to block kriging using only diamond assays and the gain in precision is quantified. An extension of that approach to multi-element cokriging is also presented.

Oct 1, 2009

By Michael J. Lord, Richard H. O. Wagner

"The technologies used in the mineral processing of ores are being increasingly applied to the identification and remediation of metal contaminated industrial, military and landfill sites. The objective of mineral processing treatment of contaminated site material is to restore the value of the land and to concentrate the contaminants into a very small volume of separated material which, depending upon its nature, can be further processed, marketed, or sent to a landfill. A systematic characterisation of the site material is first undertaken. Bench and pilot testing follows to evaluate criteria for metal separation. The testing may examine one or more physical or physico-chemical reprocessing methods, singly or in combination, for the remediation of the test samples. These mineral processing tests determine the % metal removal fiom the soil and the contaminants concentrated from the medium. The usefulness of mineral processing testing for site remediation flowsheet design and execution is illustrated by the case studies presented. This paper will present the test results of three case studies: an industrial site decontamination, the cleanup of a small arms firing range, and the reclamation of property within a landfill.INTRODUCTIONEnvironmental legislation and our society’s quest for a cleaner environment has led to the application of mineral processing expertise and technology for industrial site decontamination, military site cleanup and landfill reclamation. Although the required level of decontamination varies between jurisdictions, a site becomes a candidate for decontamination once the contaminant concentrations are found to exceed the Canadian Council of Ministers of the Environment (CCME) Interim Remediation Criteria for soil (decommissioning guidelines) or applicable provincial guidelines. The objective of mineral processing treatment of contaminated site material is to restore the value of the land and to concentrate the contaminants into a very small volume of separated material which, depending upon its nature, can be further processed, marketed or disposed of in a landfill"

Jan 1, 1999

By T. G. Joseph, K. Barron

A strain-softening constitutive relationship is introduced that describes the post-failure stress-strain curve for rock regardless of whether the rock is intact or broken. The core of this relationship is an “apparent friction” concept that relates the post-failure apparent cohesive and frictional characteristics of the rock to the strain. The relationship can be determined for a given rock via a series of triaxial strength tests establishing the peak strength and corresponding strain for a range of confining pressures, together with the determination of the base angle of friction via a simple tilt test. The postulates and assumptions used in deriving this relationship are verified from results of tri-axial tests on both intact and broken rock. This strain-softening relationship is then applied to coal. Having determined the post-failure stress-strain curve for coal specimens, this information can then be used in a finite element program, such as Phase 2, to examine the post-failure characteristics of coal pillars. Using example data, the strength of coal pillars of different width/height ratios are estimated and compared with well-known empirical pillar size-strength relationships. In addition, the post-failure stress-strain behaviour of a coal pillar is compared with an empirical relationship reported in the literature.

Jan 1, 2003

By Jacob Masliyah, Zhiang Zhou, Tshitende Kasongo, Jianjun Liu, Zhenghe Xu, Jeawon Choung

"Slime coating is a recognized challenge in fine particle flotation, not only in decreasing recovery, but also in reducing the selectivity and hence froth quality. In this presentation, a novel method based on electrophoretic mobility distribution measurement to study slime coatings is described. By measuring electrophoretic mobility distribution of individual minerals and their mixtures, the interactions between these minerals can be evaluated.For illustrative purposes, a model system of fine coals, or oil sands with two different types of fine clays was studied. Flotation tests showed a significant decrease in coal (bitumen) flotation recovery with montmorillonite but not with kaolinite clay addition. When electrophoretic mobility distribution of a fine coal/montmorillonite clay mixture was measured, a single modal zeta potential distribution was obtained, in contrast to a bimodal distribution for fine coalkaolinite clay mixture. This finding suggests a stronger adhesion of montmorillonite than kaolinite clays on fine coal surfaces. In the case of bitumen, the bimodal zeta potential distribution was measured for the mixture of bitumen emulsion and kaolinite or montmorillonite, indicating a weak attraction of the clays by bitumen. In the presence of calcium, however, a single modal zeta potential distribution was obtained in the mixture of bitumen emulsion with montmorillonite but not kaolinite clays. These findings are in excellent agreement with bitumen flotation results, demonstrating that the electrophoretic distribution measurement is a powerful tool to study slime coating phenomenon in a complex fine particle flotation system."

Jan 1, 2002

The importance of understanding the behaviour of cemented paste backfill (CPB) within the framework of the effective stress concept is highlighted in this paper. Only through an understanding built on this concept can problems such as barricade loads, the rate of consolidation and arching, be fully understood. The critical importance of the development of stiffness during the hydration process, and its impact on factors such as barricade loads, is used to illustrate why conventional approaches that implicitly ignore the effective stress principle are incapable of capturing the essential components of CPB behaviour.

May 1, 2007

By G. Lipsett, S. Dessureault

Information technology (IT) initiatives in the past have tended to be sold on their ability to maximize resource output and return on capital by allowing assets to be used more effectively and efficiently. Many IT projects fail, not delivering return on their investment. This is known in the IT industry as the “productivity paradox,” where increasing investments in IT do not result in comparable increases in productivity. Experiences and studies of most business sectors reveal that this paradox is rooted in the false assumption that more IT spending automatically results in financial benefit, whereas the benefits are in how effectively IT is used. Most business sectors have accepted that re-engineering of processes is required to gain the full benefits promised of IT. A mining operation has organizational processes similar to most business sectors, but unique operational processes. The lessons of changing business practice in more common business processes, such as inventory control and customer-supplier relationships, can be adequately transposed into a mine setting. The unique operational processes in mines, in turn, require unique redesign efforts. Several enabling information technology opportunities have recently become available, such as more integrated mine production management systems and tactical manager training simulators. This paper reviews some of the latest IT products and outlines the processes and kinds of change that will be required in order to benefit from these new investment options.

Jan 1, 2009

By G. B. Bell

"INTRODUCTION On February 1, 1962, after five years of exploration and research, Jones & Laughlin Steel Corporation announced that they would develop the Adams Mine. Plant construction began immediately and in December of 1964 the first shipment of pellets arrived at J & L's blast furnaces in Pittsburgh. J & L continued to operate the property through its wholly owned subsidiary, Jones & Laughlin Mining Company, Ltd., until August of 1971 when it was sold to Dominion Foundries and Steel, Limited of Hamilton. Dofasco engaged Cliffs of Canada, a subsidiary of Cleveland Cliffs Iron Company, to manage the operation of the property.SUMMARY:The Adams Mine is a one million tons per year iron ore pellet operation located in the Boston Township Iron Range, approximately seven miles southeast of Kirkland Lake, Ontario. The property includes 5,300 acres in which eight areas suitable for open pit mining have been outlined. It was estimated that the reserves in these out lined areas are sufficient to produce 30 million tons of high grade iron ore pellets.The ore 'consists of fine grained magnetite with alternating layers of chert and is mined by conventional open pit methods. This extremely hard and abrasive ore averages about 20 percent magnetic iron, and has a ratio of concentration of 3. 9 /1. Presently, mining operations are confined to two pits with a third one being developed for operations to begin in 1973.The run-of-mine ore is crushed and ground and then concentrated by magnetic separation and flotation to a concentrate grade of 68 percent magnetic iron. The concentrate is agglomerated by a grate-kiln pelletizing process and shipped by rail to Dofasco's blast furnaces in Hamilton and to Jones & Laughlin's furnaces in Pittsburgh."

Jan 1, 1973

"In an environment of rising energy prices and mining at greater depths, cost-efficient loading and hauling equipment is essential. Conducted at an underground mining operation, this study analyzes the energy consumption and gas emissions of diesel and electric load-haul-dump machines (LHDs) with similar bucket capacities. Based on energy prices from the first quarter of 2014, results of discrete event simulation show that energy costs for diesel and electric LHDs are US$0.24/t and US$0.07/t, respectively. Also, diesel LHDs emit 2.68 kg CO2 per litre of diesel fuel, whereas using electric machines reduces the need for ventilation to mitigate engine heat and emissions and reduces energy costs.RÉSUMÉ Dans un contexte de croissance des prix de l’énergie et d’exploitation minière à des profondeurs de plus en plus grandes, il est essentiel d’avoir des équipements de chargement et de transport les plus rentables possible. La présente étude, effectuée dans une mine souterraine, analyse la consommation énergétique et les émissions de gaz de chargeuses-navettes (LHD) au diésel et à l’électricité ayant des capacités de godet similaires. En se basant sur les prix courants de l’énergie, les résultats d’une simulation d’événements discrets montrent que les coûts énergétiques pour les LHD au diésel et à l’électricité sont respectivement de 0,24 $US/t et de 0,07 $US/t. De plus, les LHD au diésel émettent 2,68 kg CO2 par litre de combustible diésel alors que les machines utilisant l’électricité réduisent le besoin de ventilation pour atténuer la chaleur des moteurs et les émissions en plus de réduire les coûts énergétiques."

Jan 1, 2015