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By C. R. Tinsley

A strictly limited number of specialist project finance banks exists, with the necessary specialist personnel able to address project cost-competitiveness, cost and commodity forecasting, joint venture negotiations, and completion and sales undertakings. Different techniques of internal bank appraisal are applied, with the usual equity investment project valuation criteria being seldom useful for loan assessment purposes. Company attention paid to the preparation of a sensitivity structured bankable presentation can prove most effective for securing development project finance. Substantial scope is possible for savings of time and money.

Jan 1, 1985

By Linda P. Bono

Some mining engineers are pursuing their destinies in places far removed from what they might have envisioned back in the classroom. The path they follow to work each day may wind down Wall St., Park Avenue, LaSalle, or Market; their offices are in modern skyscrapers which offer all the amenities-air conditioning, thick carpets, attractive decor, and executive lunchrooms, to name just a few. The papers on their desks are a combination of financial figures and feasibility studies. But even in these surroundings there are indications of what these men do and where their professional interests lie-minerals are everywhere, from vast collections to one symbolic paperweight. . . there are sometimes specks of dirt under fingernails from a recent on-site inspection, belying the traditional banker's garb. . . and there are the wistful comments about finding it necessary to get out in the field.

Jan 9, 1978

By David Laing

Completion of a Feasibility Study represents a major milestone in the development path of a mine, and one which typically triggers a need for project financing. Obtaining funding for construction relies on a positive Feasibility Study and a host of other related activities. This paper looks at the financing process and work required to support it, during and after the Feasibility Study, and bring it to a successful closing. It will include comment on the significance of permits, environmental plans, construction contracts, offtake arrangements, hedging, insurance, and others requirements to support a financing plan.

May 1, 2010

By Hoppe AJ

Drilling and shooting techniques at Moura open-cut have evolved over a period of 16 years and are the result of hard earned experience combined with established practices and consul- tation with professional services. The wide range of overburden types encoun- ted in the field requires varying methods to achieve the best results at all times. Safe working conditions for the employees and protection of mining equipment is of para- mount importance and close liaison is maintain- ed with the Department of Mines Queensland to keep abreast with changing legislation. Drill patterns, charging profiles, types of explosives and ultimate results are des- cribed in detail along with a resume of equip- ment. Costs of drilling, labour and explosives are also analysed with a total of approximately 20c per cubic metre of shot ground. Future developments and improvements to facilities are also outlined.

Jan 1, 1978

By A. B. Bowman

Banner Mining Co. became interested in this Tucson area early in 1950, and after several months of reconnaissance work, a lease-option purchase agreement was concluded on the Mineral Hill property which allowed time for considerable exploration and development work. Unwatering of the mine began in August 1951 after electric power lines were extended from nearby Tucson. The unwatering and rehabilitation work was done under a Defense Minerals Exploration Administration project and was completed in December 1952 after about 15 months of tedious work. The mine had been under water for more than 30 years with resulting cave-ins and timber deterioration. In some badly caved areas spiling was necessary to reopen the old drifts and crosscuts.

Nov 1, 1955

By J. Hoover

Real growth in the economy, increasing demand for electricity, and consumer stockpiling for a possible United Mineworkers of America (UMW) strike in October made 1984 a banner year for coal. Production and consumption climbed to record heights. Precautionary purchases brought inventories close to the peak levels of early 1981 when coal miners walked out for 72 days. Production slowed in the fourth quarter after labor and management concluded negotiations without a walkout. But output in every major coal producing state showed significant gains during the year US coal production totaled 807 Mt (890 million st) in 1984. This is a 13.8% increase over 1983 output. Lower production rates, principally in Appalachia, and sustained demand in the final quarter put downward pressure on coal stocks by the end of the year. Demand All market sectors experienced greater requirements for coal in 1984. Electric utility coal consumption increased 6.3%; exports climbed 4.8%; coke plants consumed 18.9% more coal; coal requirements in the other industrial sector expanded by 11.8%; and consumption in the residential/commercial sector rose 8.1%. Domestic consumption of coal reached a record 718 Mt (791 million st) in 1984. This is a 7.4% gain over the previous consumption high of 668 Mt (737 million st) in 1983. Electric Utilities The 4.6% increase in electric power generation in 1984 was coupled with expanding coal use relative to other energy sources. This resulted in a 6.3% rise in coal consumption, totaling 603 Mt (664 million st) for the year. Thirty-eight of 45 states where coal-fired electric power plants were operating shared in the 36-Mt (39 million-st) increase in electric utility coal consumption

Jan 5, 1985

By Richard H. De Voto

The McDonald gold project and two satellite gold deposits near Lincoln, MT were discovered in the early 1990s. They contain at least 307.9 t (9.9 million oz) of gold and 933 t (30 million oz)of silver. The McDonald gold deposit alone contains 223.9 t (7.2 million oz) of gold reserves that can be open-pit mined and processed by cyanide heap leaching at a projected cash operating cost of $6.10/g ($190/oz). The deposit is predominantly oxidized with no chance of acid production. It can be mined, operated and reclaimed with minimal permanent environmental disturbance other than the creation of an open-pit filled with a fresh-water lake that would support trout.

Jan 1, 2000

By H. C. Rickaby

The Bannockburn gold area covers the four townships of Bannockburn, Argyle, Hincks, and Montrose, lying in the western part of the Matachewan district of Ontario (see Figure 1). The geology of these four town-ships was studied by H. C. Cooke of the Geological Survey, in 1917-18, and is shown in his map of the district. In the fall of 1930, a rich gold-bearing quartz vein was discovered in the northwest part of Bannockburn by B. S. Ashley. A prospecting rush followed the discovery; many claims were staked in the Bannockburn area, and, during the summer of 1931, a considerable amount of prospecting was done.

Jan 1, 1932

PRESIDENT DOWLING'S ? ADDRESS I feel that it is a great honor to be invited to reply to this toast on behalf of the Canadian Mining Institute. I wish to thank you for your very cordial reception of the toast and for the sentiments expressed in your invitation to the Institute to cooperate in a series of joint meetings. It is an earnest of the mutual regard which the peoples of the two countries have for each other. We have been allies in a very great war and the feelings of good-will engendered by that alliance will survive, I believe, through the strenuous times of peace. The other nations of the alliance had through many changes in history, fought each other and for each other and had thereby gained a clear conception of the social aims and moral character of their peoples. With this knowledge came mutual trust-the one element necessary for united action or lasting agreement. On this continent the two peoples are drawn together by bonds of a common origin and, largely, a common language. No war has been necessary to force declarations of national aims on which to base terms of amity and now our peoples who had studied the arts of peace together have together passed through fire-drawn into the conflict by a like horror at the sacrilege of the crucifixion of the rights of humanity. Their courage and manhood has been tested at Ypres and Chateau Thiery by the great assayer war, and, together, with thankful hearts we see the triumph of right over night and better than ever know that we have the same conception of the government of the people for the people. We are met to celebrate the close of the association of our brethren it the front in the fight for freedom for the world-a freedom that to us hems natural but which to the majority of the allied nations is a heritage derived from the protest made by the American colonies against German ideas of government of which remnants had until then survived in Great Britain.

Jan 4, 1919

By Tim O’Neil

Dressed in black tie and Victorian attire, some 200 people came to Leadville, CO, for a September weekend featuring a National Mining Hall of Fame and Museum (NMHF&M) induction banquet and a scenic mountain train trip to Fremont Pass and the Climax Mine. The 18th annual induction banquet on Sept. 17 began with cocktails and a open house. It was a chance for visitors to tour the National Mining Museum including the new Hennebach Wing, opened in February. The new wing is named in honor of Ralph Hennebach, retired chairman of Asarco. Formerly Leadville Junior High School, the Hennebach Wing encompasses more than1,440 m2 (15,500 sq ft) of floor space in two stories. One prominent feature is a 1923 Wills Sainte Claire touring sedan. Climax Molybdenum donated this first all-molybdenum steel motorcar. Docents were available throughout the museum to give banquet attendees directions and answer questions.

Jan 1, 2005

By Thi Hien Tran, Ngoc Anh Tran, Thi Thu Hien-Dinh, Duy Anh Dao

"Natural graphite exists mainly in three types of amorphous graphite, flakes graphite and lump graphite. Graphite from Bao Ha mine, Lao Cai province is with 11.8 carbon-graphite %, forms in flakes and dense crystals. The paper presents the comparison among enrichment of Bao Ha’s graphite by two types of froth flotation with 90 g/t kerosene oil as collector, 50 g/t montanol 800 as frother, in natural pH, and at 20 wt.% of solid. The differences among three flow charts indicated that using middling flotation and re-middling flotation for the cleaning tails and the scavenger concentrates, the final concentrate was improved and containing up to 94 carbon-graphite % of flakes graphite, up to 82 carbon-graphite % of fine graphite with 93.48 % total recovery, moreover, carbon-graphite in the final tail is 0.86 % with 6.52 % recovery. However, a refining mill and a classification stage were applied before doing the middling flotation stages.1. INTRODUCTIONGraphite (black lead or plumbago) is used in many industrial applications due to its high electrical and thermal conductivity, lubricity, and chemical inertness. High quality graphite can be used in metallurgy, molding, brake linings, batteries, and fuel cells. Graphite, composed exclusively of the element Carbon, is rather common mineral, but fine crystals are rare. Graphite is soft (hardness: 0.5-1 Mohs scale); has a layered, planar structure; occurs in platy or acicular (occasionally) morphology (Minerals.net; Pierson, 1993).USGS (2017) reported, global consumption of natural graphite continuing increase in the period of 2012-2016. In 2016, China used up 35% while produced 66% of the world’s graphite. Graphite mining are being developed in Madagascar, Mozambique, Namibia and Tanzania, but production reduced in Canada from 2015. Based on the statistic of Statista.com shows from 2011 to 2014 and a forecast to 2020, the global graphite demand is mostly in refractories, batteries, others, lubricant/crucible, foundry and pencil, and that is increase every year.Graphite Vietnam lies on the fault of the Red river from Yen Bai to Lao Cai, the reserves is estimated around 29.3 million ton and mostly in Lao Cai province where has Nam Thi graphite mine and Bao Ha graphite mine (MOIT, 2008). Vietnamese graphite products could reached to ~92% graphite carbon (Cg) (Tran Thi Hien et al., 2008). Studied samples was collected in Bao Ha graphite mine, is located in Lao Cai province. Graphite Bao Ha exists in two types as graphite flakes and amorphous (Hoang Thi Minh Thao et al., 2017)."

Jan 1, 2018

Start with your assessment of the minerals business —domestic mining as well as operational and consulting perspectives. As a third generation miner, I have been living the mining business for as long as I can remember. I have watched commodity prices produce boom and bust cycles in places like Price, Utah (coal), Douglas, Arizona (copper) and Eureka, Nevada (gold). It is unsettling to see how our industry has fluctuated, but it always seems to rebound if you can stick out the down cycles. However, our most recent dip in the cycle was, in my opinion, characteristically and permanently different. In the past, when prices went south, people hunkered down and waited out the cycle until things came back, much the same as they had every other time. Not this time. This time, we saw a consolidation of the industry in proportions never seen before. Mega-mergers like Exxon-Mobil, Phelps Dodge-Cyprus and Newmont-Normandy have changed the complexion of our industry forever. And that is true not just of the mining companies; it happened across the supporting business lines as well. As a midsized niche engineering and environmental service provider to the mining industry, companies like mine are few and far between these days. The lean cycle saw many of the small and midsized providers get gobbled up by consulting giants like URS and TetraTech. The mentality of a mega-company, whether a commodity producer or a goods or service provider, is different than that of their small- and medium-sized counterparts.

Jan 1, 2005

"Tell us how you got involved in mining and about your career path.My dad was a coal miner and my uncle was a metallurgist, so when I enrolled at Penn State’s New Kensington Campus, I chose the College of Earth and Mineral Sciences — exact majors didn’t get picked till the end of your sophomore year. Penn State New Ken had an associate degree in mining program and one of the guys in my carpool was going to take Mining 30 in the evening and the other guy (mechanical engineer) was also able to take an evening class. I didn’t want to break up the carpool, so I took Mining 30, complete with essay tests. I could write, so I did well, and the professor said I should go into mining engineering. Fast forward to the end of the next term at University Park, and I realized there wasn’t enough chemistry in mining. Switching to metallurgy would have meant another term at that point, so Dr. Lovell, my advisor, trotted me down the hall and to the next building and said I was a mineral processor. That stuck. I was a summer student at U.S. Steel Research between my junior and senior year and they paid for my master’s degree — all about clay and macerals in coal flotation. During that time, the steel industry tanked, and I thought a Ph.D. would be a good idea — I could always teach at the university level if I had those credentials. The Electric Power Research Institute had a Coal Cleaning Test Facility in Homer City, PA, and I conducted my Ph.D. research on rate and residence time in conventional coal froth flotation cells there and at a local cleaning plant. I went to work at the test facility in 1987 (later CQ Inc.) and stayed there until I started PrepTech Inc. in 1997. PrepTech offers some consulting services for coal cleaning plants and sells mineral processing equipment, mostly to coal companies. I can’t believe it’s been 21 years.And what about your SME career?Of course, I was a student SME member at Penn State. We used many of the SME books in class, so who wouldn’t want the student discount? While in Homer City, I became involved with the Appalachian Plateau Subsection of the Pittsburgh Section. We’d hold quarterly meetings with interesting speakers and had good attendance. I was the secretary. I’m still the secretary and also get the bank statements. We’ll need to close that out some time, but I guess I’ve been hoping for resurgence in the Indiana/Cambria/ Somerset area."

Jan 3, 2018

By Earle Faig

Earle Faig Along with other transportation modes, the barge industry will be greatly affected by trends in domestic coal production. Traditionally, coal has been one of the major commodities moved by barge. Now, because of events in the international energy market, coal is finally getting the recognition it deserves as a major component of the country's energy program. Perhaps even more significantly, a series of events has caused other countries to turn to the United States as a source of coal. Although the outlook for coal demand is optimistic, it will be greatly influenced by the ability of the transportation sector to handle the additional traffic. Because of its long experience in moving large quantities of coal, the barging industry is in an excellent position to capitalize on coal's increased popularity. A brief description of the barging industry should facilitate the discussion of coal as it relates to that industry. Barge companies operate on a river system that is over 40 Mm (25,000 miles) long. It includes the East and West Coasts and the Mississippi River System comprised by the Allegheny, Monongahela, Kanawha, Ohio, Illinois, Missouri, Tennessee, Cumberland, Arkansas, Warrior-Tombigbee, and Mobile Rivers, and some smaller tributaries. The Gulf Intracoastal Waterway stretching along the Gulf Coast from Brownsville, TX, to Apalachicola, FL, also is considered part of the inland waterway system. Approximately 1,800 companies operate on the inland river system and have a combined fleet of about 4,400 towboats and 28,000 barges. The fleet of towboats represents 4.8 GW (6.4 million hp) of power. The towboats comprising this fleet vary in size from a small harbor boat to a large line haul boat with 7.5 MW (10,000 hp) of power. The choice of size and power of the boat depends on a number of factors, including the size of the river and operational constraints, such as lock size, river-current rate, and water level. The choice also depends on the tow size. A single tow on a river capable of locking through 15 barges at a time handles up to almost 20 kt (22,000 st), whereas a tow on the lower Mississippi, which has no locks, can accommodate up to 41 kt (45,000 st) of cargo. Because the quality of coal is not typically damaged by exposure to the elements, it is usually moved in open hopper barges, although covered barges are used occasionally. The most frequently used size is the jumbo barge that measures 59 m (195 ft) long by 11 m (35 ft) wide by 4 m (12 ft) deep and can handle up to 1.4 kt (1,500 st) of coal. Advantages of Barge Transportation Barging offers several inherent advantages in transportation of bulk commodities like coal. First, barges can carry large quantities of product. A single jumbo hopper barge can handle 1.4 kt (1,500 st) of cargo while it takes 15 91-t (100-st) capacity rail cars or 57 trucks hauling 24 t (26 st) each to move an equivalent amount of cargo. Thus, barges can move more tonnage with less equipment than competing forms of transportation. Second, barging offers the most fuel efficient means of transportation. Less energy is required to push a load over water than to pull a similar load over land. The amount of pollution attributable to barge traffic is minimal because barges consume less fuel. Third, barging is an inexpensive form of transportation. The inland waterway industry transports about 12% of the nation's freight for about 2% of the total freight bill. This can be attributed to competition between the large number of companies on the river system and competition with other transportation modes. Fourth, barging is an environmentally safe method of transportation. Inland river routes expose fewer urban areas to hazardous substances than rail or truck. And barge spills occur less frequently than rail or truck spills. The industry does pose some disadvantages. The waterway system is constrained by the natural river network, so barges cannot travel on the most direct straight-line route. This means that barging is usually an incomplete form of transportation requiring interface with truck or rail. The industry's market is limited to those geographical areas that are located on or near the rivers. In addition, it is a time-consuming transportation mode, making it impractical for many types of commodities.

Jan 10, 1982

By William H. Lehr

A 4200 ton-per- hour marine transfer terminal, where river and oceangoing vessels simultaneously exchange cargos of coal and phosphate rock, is now in operation near the mouth of the Mississippi. Its materials handling machinery includes a bucket ladder barge unloader; a rope operated clamshell bucket unloader; a coal loader; and a rail mounted bucket wheel machine. The design and operation of this equipment is described as are the docks and conveying, breasting and barge-haul systems in use at the facility. Design considerations imposed by soil and river conditions, geography, operating needs and investment requirements are discussed. The economic significance of design and shipping innovations introduced by this facility is noted.

Jan 1, 1967

By Robert E. Jones

The barite industry shares with its associates in the minerals industry the impediments of excessive federal and state regulations. We have learned to exist with the Organic Act of 1976, the Mine Safety and Health Act of 1966, and the Multiple Use Act of 1955. I do not mean to imply by the above that all aspects of mining legislation have been detrimental, however, each of you has been subjected to interpretative restrictions by federal or state bureaucrats. As frustrating and costly as this is to the barite industry, it is not the primary problem facing our segment of the industry at the present time. Our major difficulty today deals not with too much government regulation, but with the lack of a cohesive and consistent government energy program. This administration and those that have preceded it have dealt with intermittent energy crises on an emergency basis. If we remove the political rhetoric which has surrounded each of the more recent major crises, we can liken the action of our federal government to that of a rural volunteer fire department which devotes its entire efforts toward extinguishing existing fires rather than the developing of programs designed to prevent future fires. The lack of a comprehensive energy program has created an environment in which long range planning is extremely difficult, if not impossible.

Jan 1, 1983

By Charles Catlett

AN examination of the census reports' for 1880, which contain a large number of complete analyses of typical American iron-ores, indicates that the existence of barium sulphate in intimate association with iron-ore is rather unusual. Of 94 analyses reported there, but four show any barium sulphate, and the maximum content amounts to 3.04 per cent. The note of the occurrence of considerable quantities of barite in connection with certain iron-ores found in the Pinar del Rio Province of Cuba may be of interest. These deposits are found near the little village of Francisco, about 25 miles west of the city of Pinar del Rio on the Western Railroad of Havana. The principal ridges are anticlines, and consist of very thick deposits of sandy shales and slates containing a large number of little veins of white quartz which, by the gradual disintegration of the mass of the material, is left covering the surface. This quartz occasionally shows sulphide, but is generally barren of any such indication. At times lenticular masses of a more or less pure limestone were observed in these slates. The shales, which are of light color, are occasionally talcose. The formation would tentatively be classed as the Lower Cambrian, and the heavy ridges of comparatively horizontal limestone found in the anticlinal valleys as the Upper Cambrian. Along the crest of these slaty ridges deposits of iron-ore are found which are apparently in place, and were probably formed by replacement of masses of limestone similar to those noted elsewhere. The ready disintegration of the slates, and the

Jul 1, 1907

By A. Pirson, J. Souza, A. Araujo, M. Barbosa, F. Guimarães, J. Lima

"Although a large number of processes have been developed and applied to the separation of barite from other minerals, there is a lack of information in the literature about the separation of barite from iron ores. Nowadays, there are millions of tonnes of iron ore disposed as a waste or tailings given its high content of sulphur in the form of barite. In order to effectively separate barite from iron ore and ensure that mining business is truly creating economic and sustainable values, this paper provides a greater understanding of barite properties, the origin and occurrence of this barium-bearing mineral, and the employed beneficiation processes. A test work is conducted in a barite bearing iron ore from a deposit located in the Republika Srpska (Bosnia and Herzegovina) in order to separate the barite and check if a marketable by-product can be produced by drawing upon rich barite tailings. INTRODUCTION The exploration of iron ore containing barite results in a large amount of unrecovered material. The main difficulty in processing and using barite bearing iron ores is given by their high content of sulphur, silica and barium, which are unwanted chemical compounds in the subsequent processes in iron industry. As a result, millions of tonnes of iron ore are discarded every year into tailings or as a waste, which results in production losses, higher operation costs and environmental impacts (Praes et al. 2013). Therefore, the separation of barite from iron ores not only means reducing the environmental impact, but also an opportunity to generate income and beneficiate society. The beneficiation of barite bearing iron ores is a subject which requires a deeper investigation to solve the challenges faced by the iron industry. There are only a few studies that describe flowsheets proposed for the production of barite concentrate of iron ores. The most likely reason for this gap is that barite is frequently exploited commercially as a primary product rather than a by-product. In order to effectively separate barite from iron ore and ensure that mining business is truly creating economic and sustainable values, this paper provides a greater understanding of barite properties, the origin and occurrence of this barium-bearing mineral, and the employed beneficiation processes. A test work is conducted in a barite bearing iron ore from a deposit located in the Republika Srpska (Bosnia and Herzegovina) in order to separate the barite and verify if a marketable by-product can be produced by drawing upon rich barite tailings."

Jan 1, 2018

By Jasper Stuckey

THE object of this paper is to record and interpret field and laboratory observations made by the writers during five years of study of the barite deposits of North Carolina. Deposits of barite are known to occur in three localities in North Carolina (Fig. 1) two of which-the Hot Springs and Kings Mountain -contain material of economic value. The Hot Springs area begins near Bluff, some 6 miles south of Hot Springs, and continues northeast by Stackhouse; a total length of 7 miles. The Kings Mountain deposits lie along a belt that extends from the north end of Crowders Mountain in a southwestward direction, along the east side of this and Kings Mountain, to Kings Creek, South Carolina. The third locality is 3 1/2 miles southeast of Hillsboro, Orange County, a short distance west of the highway leading from Hillsboro to Chapel Hill. It is not known when barite was first discovered in North Carolina, but production from the Hot Springs area began some 50 years ago. The state has never produced large quantities of barite-usually there have been less than three producers-and definite figures are not available, but reasonably reliable estimates indicate a total production of 300,000 tons. From 1901 through 1920 barite mining was on a seemingly prosperous basis and a large tonnage. was shipped from the Hot Springs and Kings Mountain areas. With the depression of 1920 the industry began to decline and production practically ceased in 1926.

Jan 1, 1933

By L. A. Stewart

This paper describes all occurrences of barite in Arizona that were known or reported to the authors. The history, ownership, production, and geologic setting are discussed for most of the deposits. The uses and specifications of product grades are briefly discussed. Seventy-five deposits were examined in 9 of the 14 counties of the State. The descriptions are given under county headings. No occurrences were reported in the four northeastern counties of Coconino, Navajo, Apache, and Greenlee, nor in Santa Cruz in the southern part of the State. From about half of the deposits examined, 55 samples were taken; of these, 45 were for chemical analysis, and 8 larger samples, ranging from 100 to 350 pounds, for beneficiation tests. A 30-ton bulk sample was taken for pilot-plant tests. Bench-scale flotation tests of the eight samples employing several different procedures and reagent combinations yielded marketable-grade barite products with barite recoveries ranging from 60 to 97 percent. Five of the samples contained enough fluorspar to warrant its recovery. Acid-grade concentrates, which accounted for fluorspar recoveries of 45 to 70 percent, were obtained from three of these ores. Batch laboratory tests of a representative portion of the 30-ton bulk sample revealed that acid-grade fluorspar and high-grade barite concentrates could be recovered. Results of the laboratory and continuous pilot-plant tests of this ore will be presented in a separate report.

Jan 1, 1960