Search Documents

"Real-time, on belt analysis of minerals is becoming increasingly important and critical in modern operations, especially in the mine-to-mill. Prompt gamma neutron activation analysis has long been utilised for real-time elemental analysis in bulk materials, with Scantech's GEOSCAN being the instrument of choice in the minerals sector. Working in the minerals space for 15 years, the GEOSCAN has been successfully implemented in a wide range of minerals applications including iron, copper, lead-zinc, manganese, phosphate and more, and it caters for the very high demands and increasing requirements of a contemporary processing facility. An area of focus has been on increasing the analysis frequency to allow for rapid analysis results with the same high degree of accuracy typically expected of the GEOSCAN. This paper discusses the underlying research and technology that has enabled such rapid analysis and presents a range of examples using a thorough statistical approach on real production material, demonstrating achievable accuracy over a short analysis time, and dispelling common myths about the speed of the technique. Potential applications are discussed to conclude the paper.INTRODUCTION Technology and the information it can provide plays a critical role in the evolving modern mineral processing landscape. The importance of technology to analyse various features of ores and concentrates being processed is obvious, and recent years has seen the advance of numerous technologies to provide a variety of real-time measurements on conveyed material flows. From sampling apparatus to particle size analysis to weight and density meters to full elemental analysis, the availability of information enables a variety of improvements in the process leading to improved efficiency and increased revenue. To maximise the potential benefits, access to real-time information is imperative, and rapid updates of information become necessary to make appropriate process control decisions based on the most relevant and up-to-date information."

Jan 1, 2017

By P. Rusin

Many oxide silver and molybdenum deposits remain undeveloped because chemical extraction yields poor recoveries or is environ-mentally unacceptable. Bio-reductive leaching of such ore samples at MBX resulted in high recoveries of silver and molybdenum. When baseline 3-day cyanide bottle roll tests were conducted on manganiferous oxide silver ore, 13.7% of the silver was extracted. In contrast, 86% of the silver was microbially solubilized into the organic growth medium by bio-reduction with 99.8% dissolution of manganese. A follow-up cyanide bottle roll test yielded an additional 8.5% silver recovery for a total recovery of 94.5%. Baseline 3-day acid bottle roll tests of the iron oxide molybdenum ore yielded 1.8% moly. However, bio-reduction solubilized 93.3% of the moly into the growth medium. An additional 0.3% moly was recovered during the follow-up acid bottle roll test. Microbial treatment of refractory oxide ores with bio-reductive bacteria resulted in higher recoveries of silver and molybdenum than conventional chemical leaching. The bioleaching process occurred at a near-neutral pH at ambient temperatures. The bacterial solubilization of silver and moly was achieved without the use of cyanide or sulfuric acid.

Jan 1, 1992

By F. Henríquez, V. Iriarte, L. Vinnett, J. Yianatos, F. Díaz

Metallurgical characterizations of the collective (Cu/Mo) and selective flotation plants were carried out in Minera Los Pelambres, Chile. The selective plant allows the valuable minerals of Cu and Mo to be separated. The evaluation involved two surveys consisting of metallurgical sampling as well as residence time distribution (RTD) measurements to determine load distribution. The RTD data were obtained in real-time by means of the radioactive tracer technique. In addition, metallurgical data was reconciled and supported by effective residence times. In the collective plant, a performance comparison of parallel rougher circuits was carried out, which included a bank of six mechanical cells of 250 m3 and banks of nine mechanical cells of 130 m3. In the selective plant, the Cu and Mo evolution along the plant was evaluated. The results in the selective plant allowed for performance evaluation of mechanical and pneumatic cells in primary flotation. In both plants, mineral losses were evaluated and their relationship with circuit configuration (cell types and circuit layout) was determined. The metallurgical characterization was a powerful tool to evaluate circuit performance and to detect improvement opportunities at industrial scale.

Jan 1, 2015

By J. Herhold, S. Plaum

"Current and future operational processes in the mining and underground construction sector are under the influence of the prevalent competition and the acute necessity of optimization approaches concerning corporate and project processes. Besides general construction procedures, especially underground construction procedures and procedures in the field of deep shaft construction are high-profile. Those processes describe high technical challenges as well as increased requirements to occupational safety and health. Therefor an occupational safety management, which should be adjustable to the company itself and adaptable to all kinds of projects, shall be created. The creation of such an occupational safety management would lead to an economically optimized and safe (within the scope of OSH law) implementation of internal activities for the performance of construction services underground and in the field of deep shaft construction. With this approach the satisfaction of the high safety request as well as the demand for process optimization, as part of keeping the own competitiveness, will be satisfied successfully at once. PROJECT BACKGROUND Introduction The health and safety protection as well as occupational safety look back on a long historical development, which had brought more important sectors and developments during the last years, not only in Germany but also on the European and international level. The accident insurance protected by law has already been reported in 1884, which is astonishing early. The launch time point is strongly connected with the on-going economic development in the end of the 18th century, but above all this increased in the 19th century. The progress of occupational safety and especially the interest in the integration and the concentrated consideration of occupational safety and the health and safety protection in the company process is strongly visible during the 19th century and directly connected to the industrial revolution. [9] The industrial revolution and with that the development of work places lead to changing demands in the field occupational safety and health and safety protection. Insufficient security precautions caused problems in the industrial revolution, such as personnel and material losses as well as serious injuries and their consequences. These and the fundamental economic endeavours of the entrepreneurs lead therefore to the important step to develop an occupational safety system. [9] The prevailing basic ideas seize the insufficient security precaution of work places as well as the economical and profitable ideas of the entrepreneurs and bring them together. From this the necessary entrepreneur’s task comes into being and that is bringing the work conditions to the way that life and health of employees are not in danger. [9]"

Jan 1, 2017

By M. S. Oudenhoven

This Bureau of Mines investigation was conducted to obtain an experimental solution of stress changes in the vicinity of a circular opening in an infinite plate. Plates were stressed biaxially in compression and subjected, by four different-length shoes, to a uniform pressure at opposing points on the opening periphery. The principal stresses along the vertical and horizontal axes, which result from peripheral pressure, were obtained from the photoelastic analysis of four frozen-stress epoxy models. These principal stresses were then super-imposed on the mathematically determined principal stresses (along the same axes) obtained from a theoretical biaxial stress field in which the magnitude of the lateral pressure was one-third that of the vertical pressure. The results indicate that an increase in shoe length increases the radial compressive stress and the tangential tensile stress (except tangential compression at r/a = 1, which exists for all shoe lengths). Also, a partial control of the stresses within one-half radius of the opening surface is accomplished by a change in the magnitude and placement of peripheral pressure.

Jan 1, 1966

Heatings, fires and explosions in New South Wales (NSW) and Queensland coal mines since 1972, are reviewed. Geological and mine settings are outlined. Where available, gas analysis and critical decisions are discussed. This paper updates work by NSW Department of Mineral Resources (1995) and the Queensland Department of Mines and Energy in a report on fires and explosion in Queensland coal mines (Richardson and Ham, 1996). Incident data has important applications in terms of evidence-based risk assessment and identifying key issues to be integrated into competency based training programs. Predictive indicators are reviewed in terms of coal parameters in seams where the incidents occurred.

Jan 1, 2005

By C. Karpuz, Y. S. Istanbulluoglu

This paper describes the results of convergence measurements conducted about five years for the re-use gate roadways at OAL lignite mine in Turkey. Double lignite seams separated with a marn layer, are mined with long-wall retreating mining system at the mine. Rib pillar has been abandoned and gate roadways were planned to be packed for the re-use of full extraction. Various packing systems have been attempted, namely three rows of woodenchock, one row of wooden chock plus concrete wall and concrete wall only. The re-use of maingate roadways packed with wooden chock yielded 62% of closure. Lastly developed concrete packing of 3 meters wide and specially developed support set composed of three friction props and a cap, which is a modification of yieldable set, have successfully maintained the main and tail gate roadways stability with a total vertical convergence of 32%. Good correlation has been established between pack stiffness and floor heave as well as maingate and tailgate convergences. The elimination of rib pillars by re-use of gate roadways increased the coal recovery by 20% and decreased the development/production ratio from 0.065 m3/ton to0.022 m3/ton.

Jan 1, 1997

By Luisa Pérez, Carlos Perea

En el caso de la minería de zinc es común emplear el método de explotación por subniveles, el cual exige rellenar los caserones vacíos, por ejemplo, con una mezcla del relave producto de la planta concentradora de mineral con un 3.5% de cemento, lo que actúa como pilar de sostenimiento de la mina (0.8 MPa). Debido a que al momento de avanzar en los tajos aledaños se producía una dilución con el mineral a explotar y, también, a que era necesario automatizar las operaciones; se decidió evaluar el relleno detrítico cementado, mediante análisis de resistencia, estudios de factibilidad, rendimiento en costos, aumento de productividad y seguridad en la operación. Como resultado, se obtuvieron valores máximos de resistencia de los pilares de 1.6 MPa, lo que evitó la dilución y mejoró el porcentaje de recuperación de mineral.

Jun 30, 2020

By Ken Goering, Steve Kral, William Gleason

"Once every four years, the global mining industry gathers in Las Vegas, NV for MINExpo International. According to the show’s organizer, The National Mining Association (NMA), about 44,000 people attended the three-day show from Sept. 26-29. It was a show that featured the latest and greatest in equipment and technology. It also served as the backdrop for a snapshot of the state of the industry and while the picture of a global industry is never completely clear at any one time, one thing that is evident is technology has become a major force in the way mining is done.Had it not been for the awe-inspiring “iron” that was on the show floor in the form of haul trucks and shovels weighing hundreds of tons, one could be forgiven for thinking that they were at the Consumer Electronics Show. From training simulators designed to give a realistic experience of operating mining equipment to virtual reality technology that can take the user into the depths of an underground mine or the middle of a mapped ore deposit, an overriding theme of MINExpo 2016 was that the mining industry is connected like never before.In the north hall of the Las Vegas Convention Center was the GE Mining booth that was designed to showcase its efforts to help create a mine that will be connected from the front office to the face of the underground wall or bottom of the openpit. GE Mining called its booth a digital mine, and it included a suite of technologies that can improve performance, reliability, safety and operations. GE Mining said it views each mine as a mini-city, requiring power, water and transportation. Intelligent, real-time monitoring across the mine allows operators to make data-driven decisions that improve equipment reliability and optimize mine operations for substantial savings. And GE Mining was just one of many exhibitors showing off software that allows various types of equipment to communicate. Its booth sat in the shadow of the Komatsu booth with its new 360-t (400-st) 980E-4 haul truck that included GE’s 360-t (400-st) electric wheel motor. This is just one example of how technology is connecting machines, operations and people around the world and how mining is moving forward."

Dec 1, 2016

By MacDonald AJ, Raffield MP

The South Deep massive orebody consists of 20 to 30 in of payable conglomerates ranging in dip from 11¦ to 20¦ and at depths of between 2400 in and 34(10 in. The mine design process selected a mining method with a proven record of application that could be adapted to overcome the inherent difficulties associated with the depth, thickness and structural influences of the South Deep orebody. A modified cut and fill mining method provides a concentrated and highly flexible method of extraction. An integrated destressing cut will enable the modification of the stress environment such that it is suitable for massive mining operations. The choice of backfill type and stoping width in the destressing cut ultimately determines the characteristics of the stress modification and, as such, is critical to the success of the cut and fill operation. This paper discusses the decision process undertaken to determine the optimum backfill type and stoping width combination in terms of, conditions in the destressing cut faces and in the massive mining environment. Numerical modelling has been extensively used to analyse arious scenarios to aid in the decision process.

Jan 1, 1998

By J. Arzúa, L. R. Alejano, P. Rodríguez

"After six years of successful excavation with a support pattern, some roof failures have happened in a room-and-pillar underground mine excavated in a stratified rock mass. In this paper the authors give explanation to the failure mechanisms and redesign the support in order to solve the recent problems of roof collapse.The mine magnesite bed is approximately 14 m thick, and runs in the E-W direction with an average dip of 18º. Due to mine constraints and the inexpensiveness of the ore, the excavation is performed in the mineral itself, avoiding the need for mining dumps and waste excavation. Rooms and drifts are oriented in the mineral bed to form an angle of 19º to the direction of the strata, reducing the roadway gradients to less than 10%. Rooms are 11 m wide and pillars are 7 m wide. They are designed to leave a 1 meter thick magnesite bed in the roof of the rooms to act as a supporting beam. More often than not there is a layer of very poor quality marly shale up to 1 m thick resting on this magnesite beam. Overlying the poor quality marly shale there is a better quality, self-supporting sandy shale.First, a characterization of the involved rock masses (magnesite, marly shale and sandy shale) is performed, collecting the geotechnical data from previous studies and performing new in situ geotechnical surveys to check the soundness of the previous data. A distinction is made between different quality zones inside the mine by means of the RMR classification, associated to the occurrence of faults.Back-analysis of some of the failed rooms and data from exploration boreholes were used to determine the failure mechanisms (associated to Voussoir type failure or occurrence of sub-horizontal joints crossing the magnesite beam). Based on an understanding of these mechanisms, the method used to design the support and to analyse the stability of the different possible thicknesses of the magnesite beams of the rooms and drifts of the mine were improved.Numerical models of the most relevant conditions found in the mine were performed in order to better understand the behaviour of the roofs and to simulate the supporting solution obtained in the previous analyses.The most relevant conclusions with regard to the main elements causing the instability of the roof include the appearance of sub-horizontal discontinuities crossing the magnesite bed, which causes total instability of the roof and usually leads to collapse; excessive thinness of the magnesite beam in the problematic rooms; and the relaxation of the deepest (around 270 m in depth) zone of the mine because of existing faults."

Jan 1, 2015

By Bo-Hyun Kim, Steve Berry, Mark K. Larson

"When coal pillar bursts occur, they involve the sudden expulsion of coal and rock into the mine opening. These events occur when relatively high stresses in a coal pillar, which serve as support in underground workings, exceed the critical capability of the pillar. This causes the pillar to rupture without warning. A cleating is a type of naturally occurring joint system unique to coal seams. However, cleatings are pervasive throughout the coal seam and are much more tightly spaced than joints occurring in other rock types. In this study, researchers from the National Institute for Occupational Safety and Health (NIOSH) investigated 84 coal samples obtained from a Utah coal mine by conducting both unconfined and triaxial compressive tests in order to examine the response to stress as a function of both confinement and orientation between cleat and loading direction. The results of the study show that the confining pressure dictated not only the peak compressive strength but also the brittleness as a function of the major-to-minor principal stress ratio. The spalling limit of the coal estimated by the s-shaped brittle failure criterion appears to be very dependent on the angle between the cleat and the loading direction, particularly at lower confinement.INTRODUCTIONCoal pillar bursts, or bumps, remain a most critical safety concern in underground coal mining, despite significant advancements in engineering controls. As shown in Figure 1, between 1983 and 2014, there were nearly 400 cases of reportable dynamic failure accidents in coal and nonmetal mines, resulting in 20 fatalities, 155 lost-time accidents, and an estimated 48,000 lost man hours (MSHA, 2015). These types of events have been documented for well over 100 years within the American underground coal mining industry. During this time, mining practices and support technologies have evolved considerably, resulting in an overall decrease in the rate of dynamic failure-related injuries and fatalities. Although techniques and practices of mining are highly advanced, coal pillar bursts, or bumps, continue to occur (Mark and Gauna, 2015). If coal is expected to fail in a brittle manner, behavior changes associated with relatively low tensile strength, such as the transition from tensile to shear failure, have to be considered and reflected in the adopted failure criteria. Rock failure in tension takes place at low confinement around excavations due to tensile failure in heterogeneous rocks (Diederichs, 2007). The prospect of tensile-dominant brittle failure diminishes as the confinement increases away from the excavation boundary. Therefore, it is expected that the transition from tensile to shear mode in the failure mechanism occurs as the confinement level changes and conditions for tensile failure are prevented or strongly diminished. In addition, many uncertainties remain because of the highly anisotropic characteristics of coal seams associated with geologic structure and the mining-induced spatial redistribution of stress in coal pillars. Thus, to prevent fatalities in underground coal mining, continuous effort is required to better understand the catastrophic failure mechanisms in coal mines."

Jan 1, 2018

By D. M. Ziebarth

"Normal sequence of operations to develop a new underground mine is: construct and outfit headframe for shaft sinking, sink shaft, construct and outfit shaft sump, develop shaft station and shaft bottom steel. In an effort to reduce the overall project schedule, an innovative plan was developed to install service shaft steel below station level, prior to the completion of the shaft sinking effort. To better evaluate the construction of this substantial steel tower, a preliminary constructability evaluation was conducted, including the best method of supporting the main tower; from the bottom, middle or top of the tower. The design criteria and plan involved: •,Develop access from existing service shaft, 25 km underground •,Use of materials to maximize strength while minimizing corrosion exposure •,Estimating the location of the shaft centerline •,Over excavating the station and shaft below station to allow future shaft steel repositioning •,Designing the tower steel for modular installation •,Incorporate commissioning considerations, such as suspension of the cheese weights during steel installation •,Provision for covered stair access to shaft bottom •,Enclosed shaft envelope with open panels to allow visibility and ventilation The design approach was innovative and this paper will describe the design principles and challenges encountered while providing insight into the solutions developed and implemented; especially the modular construction and installation methodology. INTRODUCTION In an effort to expand the mining operations, a plan was developed to construct a new service shaft closer to the new mine workings and convert the existing service shaft to a production shaft at the Potash Corporation of Saskatchewan Inc. (PCS now Nutrien) Rocanville Potash mine in southeast Saskatchewan. The new service shaft required a multi roped friction hoist operating a cage / counterweight, rope guided conveyances to support the operational requirements. The service shaft is an integral part of the mining infrastructure as it provides access to the underground workings, transport personnel and materials underground for operation and maintenance of the mine. The shaft also allows for services required for safe operation of the underground mine, power supply, controls, communication, dewatering and fresh water supply."

Jan 1, 2019

By M. Bustin, A. Hosseinian, G. Preisig

Hydraulic fracturing and hydraulic shearing techniques are essential for the development of unconventional oil & gas and geothermal resources. Such techniques will also play a key role in the development of CO2 sequestration, and management of high stresses encountered with deep mining. However, the optimal design of hydraulic injections is often limited by continuum treatments of the rock mass without consideration of the influence of the natural fractures present. These may interact with the hydraulic fracture to promote offsets or arrest, or may cause the natural fractures to undergo shear and dilation. Given the limited access to the rock afforded by deep boreholes common to oil & gas and geothermal projects, advanced numerical modeling is critical for understanding key mechanisms and interactions. In this work, we first present a coupled hydromechanical distinct-element model focusing on the propagation of a hydraulic fracture. Normal and shear displacements arising from the generated hydraulic fractures are subsequently integrated into a fracture flow model for detailed analysis of specific flow behaviour and fracture permeability. For this, a scanned 3-D profile of a natural fracture is used to correlate surface roughness to dilation as a function of shearing. Fracture flow is computed at different time steps corresponding to different fracture propagation states and geometries. Modeling results indicate that the opening of a tensile hydraulic fracture is accompanied by millimetre-scale shear displacements associated with slip and wedging between adjacent blocks. This may leads to a mismatch between the upper and lower walls of the fracture if asperities are irregular and strong enough. However, fluid-induced tensile fractures have low Joint Roughness Coefficients (JRC), and associated millimetre-scale shear displacements are too small to ensure a significant offset of asperities that prevent a fully-elastic closure when the hydraulic fracture is depressurized. Injection of proppant is thus critical to keeping hydraulic fracture apertures open. Future work is planned that will see the models calibrated against field data including microseismic event locations, magnitudes and source mechanisms, tiltmeter deformations, stress change, and pore pressures.

Jan 1, 2015

By Tae Hwan Lee, Jun-Shin Lee, Daejin Kwag, Sangchul Bang, Gerard T. Houlahan, Moo Sung Ryu

"Geotechnical engineers have been installing innovative, permanent underwater foundation systems utilizing suction buckets for the offshore industry since the early 1980s (Senpere and Auvergne, 1982). This foundation system has been successfully used on numerous and various types of offshore structures in a wide range of environments. Suction buckets have numerous advantages compared to conventional underwater foundation systems. The more notable advantages include easy installation, large loading capacity, low noise and retrievability. The application of reduced water pressure inside the bucket facilitates the installation of the suction buckets, where a suction pump attached at the top of the bucket can accomplish the entire driving operation. Because of this efficient operation, very large suction buckets can be driven into the seafloor, which eliminates the use of a large number of small piles.In Korea, one of the most economical and reliable renewable energy sources is wind power; however, onshore wind power generation has encountered many problems, such as the lack of favorable sites and public concerns about noise and environmental damage. Consequently, offshore wind power generation has attracted increasing attention due to its abundant potential, high efficiency of grid connection, and availability of easy expansion.In November 2011, the government of Korea announced a national offshore wind power development roadmap, which targeted its offshore wind power generation with the goal of becoming one of the top three nations in the world for offshore wind power generation. Korea Electric Power Corporation Research Institute (KEPRI) is the main research arm of the Korea Electric Power Corporation (KEPCO) and conducts research and development on electricity, power generation, renewable energy and other energy-related matters. KEPRI ultimately provides forefront knowledge and leadership to KEPCO with respect to energy and related areas for its near- and long-term needs. Financial support for the overall project, of which the suction bucket foundation system installed for the pilot phase wind turbine is described below, was provided from the New and Renewable Energy Program of the Korea Institute of Energy Technology Evaluation and Planning funded by the Korean Government Ministry of Trade, Industry and Energy."

Jan 1, 2017

By A. Brown

"The mining industry is no exception to the general rule that continuing research is essential to good management; in fact, because of the imperfect state of knowledge in regard to many important factors associated with a mineral extraction, mining research assumes a position of unusual importance. On the basis of a recent visit to mining research centres in a number of European countries, the author describes their organization and their role in the mining industries of these countries. Some observations are made on Canadian mining research efforts, with a view to indicating a more systematic basis of procedure."

Jan 1, 1960

By A. Ghirian

Once cemented paste backfill (CPB) is transferred and placed into a mine stope, various coupled mechanisms will take place in the CPB material or structure. It will be subjected to strong coupled thermal (T), hydraulic (H), mechanical (M), and chemical (C) processes. Field studies have shown that the in-situ properties and performance of CPB differ from those obtained in the laboratory. This is mainly due to effects of the aforementioned coupled THMC mechanisms or processes. For a reliable and cost-effective design of a CPB structure and barricade, it is crucial to have a proper understanding of the THMC behaviour and evolution of CPB. Also, it is important to consider the effect of coupled THMC factors (e.g., self-weight pressure, drained/undrained and thermal conditions, pore pressure) while curing the CPB specimens. For this purpose, a laboratory setup is developed to investigate the properties of CPB materials. The setup is capable of curing CPB specimens (10 cm in diameter and 20 cm in height) under controlled vertical pressure (curing under stress) and various coupled THMC conditions, while continuously monitoring the evolution of total stress, pore pressure, suction, temperature, water drainage, chemical composition of the pore water and vertical deformation. Once the required curing time is achieved, the specimen can be extracted and then subjected to experimental tests of interest, such as those that determine the Unconfined Compressive Strength (UCS), shear strength parameters, saturated hydraulic conductivity and thermal properties. In this paper, we describe the developed experimental setup and present some results of the THMC behaviour of CPB under various curing stresses and rates of backfilling. The obtained results show that the THMC properties of CPB are strongly coupled due to several mechanisms, such as self-weight pressure, heat of hydration and suction development as a result of self-desiccation. The findings can assist researchers and practitioners to better understand THMC behaviour and thus design more cost-effective CPB structures.

Aug 1, 2013

By Todd Burchett

Mining engineers spend countless hours and resources when designing a new underground coal mine. Their primary objective is to design the safest and most efficient operating mine with regards to coal production. A key variable often overlooked in this design stage is the slope conveyor. Typically, a slope conveyor is expected to operate with a 98-percent or higher availability. However, too often little effort is put forth by the mining engineer to optimize its design. Coal companies will rely on engineering, procurement, construction and management (EPCM) companies for the preliminary design, because the slope conveyor will be considered part of the surface material handling processes. This preliminary design will be used when soliciting quotations for the slope conveyor. Unfortunately, EPCMs may not have enough expertise with conveyors to optimize the design. This expertise is available with an original equipment manufacture (OEM) of conveyors, which ultimately may be responsible for supplying the slope conveyor. Each OEM will provide a bid package that represents what it considers to be the optimal design.

Jan 1, 2013

By S. F. Burks

"This paper develops themes explained at two SAIMM platinum conferences. Optimization techniques can be used to significantly increase the value of mining businesses by enabling better long-term planning decisions. Open pit and underground mine design, mine scheduling, cut-off grade and blending, stockpiling, and the linking of these to flexible elements of the metallurgical recovery processes are all evaluated together. Transport or sale of intermediate products and the requirements of the product metal markets can also be considered. Experience shows that net present value (NPV) can be increased significantly, usually even before the expenditure of significant amounts of project capital. Recent studies of NPV have aimed to simultaneously evaluate the impact of the optimized financial solution on the non-financial features of a project or operation.The case study presented comprised a commercially orientated review of the prefeasibility study designs and cost estimates of a platinum group metal (PGM) project in South Africa, followed by value chain optimization and sustainability studies of the project carried out simultaneously to identify potential value uplifts to be gained and guide the owners’ team going forward into the feasibility study phase. Some of the major aspects of the project that were found to have significant potential to add value included enhancement of the business model by the application of activitybased costing and theory of constraints, focus on the highest net value portions of the orebody in the early years of production, enhanced and optimized scheduling of the underground mining operation, application of dynamic grind and percentage mass recovery from ore to flotation concentrate (also known as percentage mass pull) to optimize revenue, application of elevated cut-off grades early in the life of mine, matching of the mining and processing capacity, expansion of the operation subject to capital availability, and installation of downstream processing facilities subject to regional third-party capacities.The investigation of non-financial project features focused on demonstrating that a financially optimized solution could also have a number of other benefits. These are mentioned briefly in the paper, which aims to present the status of the project at an early stage of its development."

Jan 1, 2016

By Randall Wheeler

In early 2008 we were asked by a quarry to become involved in a conflict with a pipeline company concerning blasting near one of their underground high pressure gas lines. The pipeline company, without the quarry’s knowledge, had sought and obtained a temporary restraining order against the quarry forbidding them from blasting near the pipeline.

Jan 1, 2011