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By Mauro Chiesa

A. New Dictionary, Since 2007/8 Traditional concept of ?cycle? is dead A dearth of projects AND good metal prices suggests otherwise In a depletion-business, good times for any greenfields in 2-3 yrs! ?Balance? sheet means quality assets = quality capital So, de-risk the assets, and ration the capital ?Replacement costs > historical costs ?Discounted assets depleting; replacement costs need self-financing (FCF) ?Public-sector slows permits, avoids assets and wants more of FCF ?Capital ?markets? are now ?market fragments? ..and? ??Shareholder? has changed from ?growth? to ?income + performance? ?Higher search costs, higher capital costs and higher cost of capital

May 1, 2013

By Robert Halupka

The industrial minerals sector represents a broad range of products involving a variety of technologies serving a diversity of markets and end uses. Unit values of products vary widely, reflecting the peculiarities of each product/market sector. Generalizations are therefore understandably difficult to make and borrowers may need to take extra time to "educate" lenders on the key aspects of their business and industry sub-sector. This paper will examine the factors and the thinking that lenders apply when considering financing proposals to companies in the industrial minerals sector. If you understand the lender's perspective and their concerns, then you can make better use of your own time and resources when arranging financing for your company or project.

Jan 1, 2001

By Ralph L. Rutherford

Geologists or mining engineers familiar with geology are frequently requested by mine operators to give correlation in-formation regarding some mining property with respect to an adjacent area on one at some greater distance. It is the object of this article to mention a few of the difficulties involved in securing this information and to point out some of the salient factors upon which correlation is dependent. In view of the nature of the following discussion, a brief statement of the general character of coal formations .. seems appropriate. Coal formations, by reason of their environment of deposition which is in fresh or brackish water, exhibit the features common to continental deposits, in contrast to those of marine deposits. Such deposits are characterized by rapid variation in thickness and in lithological character both later-ally and vertically. (Plate 1 A). They consist essentially of sandstones and clay shales with all gradations between them, and also a few beds of coal and frequently some conglomerates.

Jan 1, 1924

By Patrick R. Stephenson

The current version of the JORC Code was issued in 2004 and since that date the Australian Securities Exchange, in collaboration with JORC, has issued a number of companies? updates to provide guidance on various reporting issues. An interim review will be undertaken during 2010 to meld these updates with the current 2004 Code. This will be followed by a full review during 2010/11 covering all aspects of the Code and focusing particular attention on: ? clauses / guidelines relating to Exploration Results1, exploration targets and the reporting of historical estimates; ? issues relating to the Public Report2, including definition, the requirements for Competent Person sign-off, level of disclosure and mandatory requirements; ? guidance on techniques to quantify resource / reserve estimation uncertainty; ? the level of study required to convert Mineral Resources to Ore Reserves, and disclosure of prices and economic factors; ? expansion of the requirements for reporting of marketable material for bulk commodities; ? the use of language and tone that anticipates new and emerging technologies and techniques for the qualitative and quantitative measurements of data; and ? linkages to valuation and the valuation code (The VALMIN Code). Although the Canadian and Australian reporting regimes for public statements on Exploration Results, Mineral Resources and Mineral (Ore) Reserves are similar in intent and coverage, they differ in detail, sometimes substantially. Canadian requirements are generally more wide-ranging and prescriptive than Australian requirements, including in the need in many situations to publicly lodge a Technical Report, a requirement that does not exist in Australia. Australian-listed companies seeking to list in Canada, and Competent Persons seeking to act as Qualified Persons in Canada, need to ensure that they are fully conversant with Canadian regulations and how they differ from those in Australia.

May 1, 2010

By Francis Perron

The Directive 019 on mineral industry, which was officially adopted in 1989, is the main tool used by the Quebec Ministry of Environment for the environmental evaluation and control of mineral exploitation projects presented for approval. This document contain the environmental guidelines which must be met by all the mineral companies during and after exploitation. The Directive 019 also contain all the information required by the Quebec Ministry of Environment in order to fully analyse the environmental impacts caused by the mineral projects proposed to the Ministry for approval. The proposed modifications of the Directive 019 cover many new topics that were not addressed in prior editions, these include : water recirculation, groundwater protection, tailings management and post exploitation environmental controls.

Nov 1, 2002

By Jinsuo Zhang

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

Aug 1, 2013

By A. Burduk

The traditional approach to managing information flow between a mine underground and overground, applied in copper mines of KGHM Polska Miedz S.A., is mostly based on exchanging spoken information using the mine telephone network and printed documentation. This way of information flow significantly influences effective use of time of a shift foreman employed at a mining division. In order to minimise multiplication of significant information generated as paper documentation, a concept of an IT system module to input basic data concerning operation of the mining division was developed. The idea is based on computer software that permits inputting data in the underground and their immediate sending to the overground. The above-mentioned solution will permit significant reduction of administrative work time that each foreman has to do on each shift. The time saved on filling forms and communication will permit the foreman and the other workers involved in information flow to spend more time for execution of their basic duties. In the case of the supervision employees working in the overground, the IT system will allow all the interested persons to be informed directly, with no necessity to transfer the information on the situation in the given mining division by turns from one to another. On the other hand, saving time on administrative works will permit the foreman employed in the underground executing more detailed inspection of workplaces in his subordinate mine division. Thus, availability of the foreman for the mining division operation will be improved. KEYWORDS

Aug 1, 2013

By Gerald A. Crawford

"1880s - Unmasking the Sudbury Basin Falconbridge Ltd. turned 60 in 1988 but its roots go back more than a century to the discovery and development of the mineral resources of the Sudbury Basin. Nickel was first identified in the area in 1856 but sustained exploration awaited the early 1880s and the advance of the CPR westward from Sudbury. Rock was laid bare in the right-of-way and by forest fires and logging. Reddish oxidized outcropping or ""gossan"" were exposed, heralding the presence of nickel as the shape of this astounding geological formation gradually began to emerge. Many great mines of the area were opened up in this period on the south rim of the Basin west of Sudbury. To the east the ore dips below overburden, however, and Falconbridge remained a mere dot on the map until the turn of the century when Thomas Edison detected a magnetic occurrence by dip needle."

Jan 1, 1999

By D. Harris, G. Ye, G. Oprea, J. Rigby, T. Troczynski

Sintering and ceramic bonding in refractory castables take place mainly in the binding system during the first heat-up and in service. Consequently the strength and the corrosion resistance of the hot face layer depend on the sintering ability of the complex mix of ceramic powders constituting the binding system. As a result, the use of nano- sized reactive powders in the binding system mixes would activate the sintering and enhance the ceramic matrix formation at temperatures below 1300°C. Our work presents the experimental data on sintering behavior of binding systems containing magnesium aluminate and alumina nano-powders in the temperature range of 800-1450°C. The results indicated that a ceramic matrix, similar to high temperature fired bricks, could be generated after firing at the relatively low temperatures available in the non-ferrous smelting furnaces.

Jan 1, 2004

Abstract-This paper discusses the fundamental question, "what is an adequate sample size?" in the light of recent developments regarding parameters of Gy’s well-known formula for predicting sampling variance. New understanding of the granulometric factor, g, and the liberation factor, l, had significant impact on the results of calculations involving Gy’s equation. For the granulometric factor, justifications are given as to why nominal comminution size should always be reported as P95 (i.e., the screen size rejecting 95% of the mass). A small but important change in the model to estimate the liberation factor makes the difference between a predictive formula that works or does not. Other parameters and considerations regarding their practical implementation are commented upon in light of the author’s experience.

Jan 1, 1998

By SangHyeok Han

Selecting the best possible cranes and identifying spatial conflict-free locations on sites can result in productivity and safety improvements for large-scale industrial construction projects. In the current practice, experienced lift engineers select cranes based on the heaviest lift and/or the largest lifting radius of the identified crane. This practice is relatively time-consuming, and optimization of the crane?s use and location is also difficult. There are many factors which need to be considered during the crane selection process, a reality which further complicates the process. This paper presents a framework which aims at developing a decision support system to enhance the crane selection process and collision-free path planning for large-scale construction projects. This paper utilizes an innovative crane selection matrix in order to establish a process for optimized crane selection for construction projects. The study considers more than 40 different factors in order to reduce time and improve safety for crane operations. Following finalization of crane type (mobile crane versus tower crane), a visualization model to simulate crane operation and identify collision-free crane operation paths is proposed. This process can assist project managers to plan the lifting process more effectively and efficiently. A case study-based approach was utilized to demonstrate the proposed methodology. The methodology was tested in the planning and construction process for boiler house structures in Mannheim, Germany. The project entailed numerous challenges: one of the major tasks was to lift a 102-ton load on the top of the boiler structure through crane collaboration; space limitations on site also presented several challenges related to crane selection, location, and operation processes. Based on the project constraints, the proposed crane selection framework, and the visualization models, two tower cranes were selected and successfully implemented in the case study.

Aug 1, 2013

By P. R. Jones

"The paper describes the CDN$400 million expansion at Hudson Bay Mining and Smelting Co., Limited’s operations. The company has continuously produced copper and zinc at the Flin Flon metallurgical plant since 1930. The paper details the company’s operational turnaround since 1995 and “The 777 Project” which includes two new mines, expansion and modification of the concentrators, expansion of the zinc pressure leach plant, a new zinc electrolytic cellhouse and modifications to the copper smelter gas handling system to reduce ground level gas emissions. IntroductionHudson Bay Mining and Smelting Co., Limited (HBMS) was incorporated in 1927 to mine and process the world-class Flin Flon copper and zinc orebody. Ore concentration and metallurgical facilities were constructed in Flin Flon. The metallurgical complex capability is currently 89 000 tonnes of copper metal and 98 000 tonnes of zinc metal from both HBMS and purchased concentrates.Flin Flon, with a population of 7000, is in Manitoba and partly in the province of Saskatchewan. The location is isolated with Winnipeg 800 km to the south and Saskatoon 500 km southwest.Today, three underground mines feed the Flin Flon concentrator, one feeds the Ruttan concentrator at Leaf Rapids, 200 km to the north of Flin Flon, and Chisel North mine feeds the Snow Lake concentrator (Fig. 1).The Flin Flon volcanic massive sulphide proximal and distal orebodies are within the Flin Flon greenstone belt which stretches from the west of Flin Flon to the east of Snow Lake, a distance of 250 km. The belt is approximately 100 km wide before disappearing below the paleozoic cover to the south."

Jan 1, 2001

By M. Grenon

"The presence, size, orientation, nature, and persistence of geological discontinuities dictate the behaviour of a rock mass. Block size, which is defined by discontinuity spacing, by the number of joint sets, and by the persistence of the discontinuities delineating potential blocks is an important indicator of the degree of fracturing of a rock mass. Consequently, block size is represented either explicitly or implicitly in all rock mass classification systems employed for analysis and design of surface and underground mining structures. Insitu block size distributions may provide a better means to describe the structural complexity of a rock mass. These are the distributions that would be derived if the in-situ rock mass was separated into its constitutive blocks, delineated by existing discontinuities, and each block measured. This paper presents the results of a field campaign at Louvicourt Mine aiming to characterize the rock mass using different methods for determining block size and block size distributions. IntroductionGeological structural data are used to provide input data for analysis and design methods for surface and underground structures. As the collection of structural data involves considerable investment of time and effort, it is sometimes overlooked, thus denying an important source of information for mine design. What is somewhat surprising, however, is that when structural data are available, they are not used to their full potential. Recent work has shown that data on block size have potential applications in different areas of rock engineering:• Blasting — Hudson (1993) has described the excavation process as the change of a preexisting natural block size distribution to the debris fragment size distribution (Fig. 1). Lizotte and Scoble (1994) have reviewed previous efforts on integrating site specific geological conditions into blast design. Grenon et al. (1997) provide a case study where in-situ block size distributions are compared to photogrammetric studies of blasted rock.• Rock mass classifications — Block size is used in the majority of rock mass classification systems either explicitly, as in the RMi classification system Palmstrøm (1995), or implicitly, such as in the NGI system, Barton et al. (1974)."

Jan 1, 1998

By A. Hayatdavoudi, K. G. Sawant, F. Boukadi

"In this work, we found that contact between shale and water results in development of micro fractures. Based on results of experiments on Pierre shale, we conclude that appearance of micro fractures begin with saturation of capillaries, ionic and diffusive transport of water into the shale clays and once capillaries are saturated, the cause of micro fracture propagation is the conversion of ionic activity/exchange to excess pressure that did not exist before fracking. Based on these findings, the spread of micro fractures appear to be a time-dependent phenomenon which has not been addressed in the existing macro/micro fracture models.INTRODUCTIONShale has often been involved as a hazard in drilling operations. This hazard can be defined as “destabilization” of shale. When contacted with water-based drilling fluids, some shales readily swell and sometimes, cause the wellbore to cave-in, slough, wash-out, close, and pack-off, impeding the drilling by sticking the drill-pipe. However, once drilling reaches the desired depth or length, the casing is set, cemented, and perforated, and then actually we wish to initiate fractures and destabilize the shale formation, using hydraulic fracturing.Clays constitute a major portion of minerals in shale. These clays contain a large amount of free energy which is the main factor for “slick” water adsorption/absorption. In fact, the reason for using “surfactants” in hydraulic fracturing fluids is to make the penetration of the fluid into the capillaries much easier, thus water meets with less resistance to enter the small capillaries. Also, the result of high capillary suction pressure is due to small Angstrom size capillaries, smaller pores and presence of ions and hydrateable metal atoms. The free energy is thus, related to all the above mentioned and other affects. Capillary pressure, osmotic pressure and other pressures are responsible for creating the micro-fractures in shale, thus, increasing the network of micro-fractures which leads to more gas production. The objective of this study is to evaluate the pressures of the individual ions which are released by the diffusing “slick” water into shale. These pressures would be added to the above mentioned capillary pressure, osmotic pressure, bacterially-induced pressures, chemically-induced reaction pressure, pressure due to exchangeable ion-transport, pressure due to release of free energy of solvation and eventually to the pore pressure as suggested by Terzaghi’s equation."

Jan 1, 2015

By S. Maleksaeedi

On-site evaluation of strength using hardness is common for different materials. The lack of such relation for aluminum alloys has always been felt. In this work, a finite element analysis of plastic deformation and its distribution in Brinell hardness testing is presented. The analysis has been performed for different strength levels of aluminum alloys. By utilizing the Von Mises equivalent strain in hardness, it is tried to derive a correlation between hardness and strength values for the alloys under consideration. The derived correlation is verified using the experimental values available in literature.

Jan 1, 2004

By Robert K. Jonas

Mining companies can improve production and reduce costs by using the best available technology to control their operations. Many mines are challenged to use multivariable predictive control due to limited experience or staffing, as well as being concerned over the robustness and sustainability of predictive controls. As a result many mines are not realizing optimal performance from their assets, and thusly are not realizing the production increases or cost reductions that this technology can deliver. Over the past few years, the application of multivariable model-based predictive control has gained acceptance in many mining processes and has proven to be robust and sustainable for some of the most challenging mining processes. New automated modeling and performance monitoring software have greatly simplified the effort to implement and maintain these solutions. In addition, many progressive companies have chosen to co-source the implementation and service of these solutions to assure project success and continued benefits stream. This technology has been successfully applied to a wide variety of processes; grinding mills, alumina digestion, CCD washer and thickeners, kilns, calciners, roasters, flash smelters, heat exchangers, evaporators, and most recently in the demanding process of flotation. This paper discusses the state-of-the art in advance control technologies in the mining industry, including the impact of these technologies on maximizing benefits, and implementing best practices for long term sustainability. Benefits from recent multivariable predictive control applications in copper mining will be reviewed, and the use of the latest predictive control technologies and practices in mining will be discussed.

Oct 1, 2009

By R. Kumar, A. K. Verma

"In this paper, an anisotropic shear behavior of rock joints is investigated under constant normal load condition (CNL). The natural rock joint roughness is transferred to artificial rock samples using room temperature vulcanizing (RTV) silicon rubber. Artificial cylindrical rock joint samples (90 mm diameter and 50 mm height) are made by mixture of cement, sand, and water in the ratio of 1:1.5:0.45 (by weight). Direct shear tests are conducted on these samples in twelve directions at 30º apart at four different normal stresses (250kPa, 500kPa, 1000kPa, and 1500kPa). Thus, 48 samples are tested in laboratory. Test results shows that the peak shear strength (?) of rock joints is anisotropic in nature due to change in morphological features in particular shearing direction. Joint roughness coefficient (JRC) is determined in each shearing direction by trial and error method using Barton’s model (1973). Further, cohesion ( c) and angle of friction ( ? )of joint surface in each direction is determined. Finally, a relationship between angle of friction ( ? ) and joint roughness coefficient (JRC) is developed. Experimental shear strength and Barton’s shear strength is compared and it is found that effect of anisotropic decreases with increasing normal stress. INTRODUCTIONRock mass is generally composed of discontinuity which refers collectively to joints, faults, bedding plane and folds etc. ISRM (1978) defined joint as a line of break of geological origin along which there is no visible displacement. Joint is three dimensional discontinuity which composed of two matched/mismatched surfaces. The presence of joints in rock mass plays an important role to define its overall shear strength, deformability behavior, in-situ stresses and hydro-geological properties. The shear strength of rock joints is important in the design of near surface/ deep geotechnical works (mining excavation, dam foundation, power plants, underground caverns, and slopes).In last 40 years, many constitutive models are developed to predict shear strength of rock joints under CNL conditions (Patton 1966; Landanyi and Archambault 1969; Barton 1973; Goodman 1976; Barton and Choubey 1977; Plesha 1987; Desai ad Fishman 1991; Amadei and Saeb 1992; Maksimovic 1992; Wibowo et al. 1993; Huang et al. 1993; Amadei et al. 1998; Indraratna 2000; Homand et al. 2001; Wang et. al. 2003; Samadhiya et. al. 2008; Asadollahi and Tonon 2010; Ghazvinian et al. 2012). These constitutive models have limitations to predict shear strength of rock joints in one direction. Till date, among all constitutive models, Barton (1973) model is widely used in practice due its simplicity. It includes parameters such as joint roughness and joint compressive strength (JCS) to quantify joint surfaces."

Jan 1, 2015

By Marke Wong

? Vietnam?s economy is growing so fast that gross domestic product (GDP) growth remained above 8% in 2005 and exports are rising steadily at 25% per year. ? Demand for electricity is expected to increase 18% per year through 2010 requiring an additional estimated 7,547 MW before 2010 ? Domestic coal demand is expected to be over 45 Mt by 2010. ? The Quang Ninhcoal deposits are estimated at 6.5-7 billion tons (350m) Vietnam News Agency. Saturday, May, 6, 2006. ? National resources are now estimated at 10 billion tonnes; not including a relative new coal bed discovery estimated at 210 billion tonnesin the Red River Basin.

May 1, 2006

By J. P. Harrison, M. Grenon

"This paper summarizes the results of numerical studies on drift stability in moderately jointed rock masses. It investigates the relative pertinence of geomechanical factors such as joint orientation, spacing and stress regime. This is undertaken using a distinct element model and a series of parametric studies. IntroductionIn evaluating the stability of drifts in jointed rock, it is often necessary to compromise by employing models that capture the complexity of the rock mass, but which are still simple enough to allow for their routine implementation. The distinct element method can arguably provide an eloquent method to accomplish this. This paper explores the applicability of the method by means of a parametric study aiming to identify the dominant factors that influence the stability of drifts in moderately jointed rock. To this end a commercially available 2D distinct element numerical model was used. A series of techniques are presented in an effort to quantify the results of any instability predicted by the model.This paper also demonstrates a case study where a 3D joint network model was integrated into the distinct analysis software package. The advantages, as well as the current limitations of this approach, are discussed."

Jan 1, 2001

By J. Keith Haddock

"Introduction The Luscar company, Forestburg Collieries Ltd., operates the Diplomat Mine located 14 km south of Forestburg, Alberta. Production is now at a declining rate from the 1 million tonnes achieved in 1978 as the reserves are being depleted. Three pits are operated at this prairie strip mine utilizing draglines and stripping shovels to uncover the coal. The coal is hauled to a tipple on site for shipment by rail or highway vehicles or is hauled directly to the adjacent Battle River Generating Station. Geology The mine is currently extracting the Battle River seam on the north side of the Battle River. This is the lower-most seam in the Horseshoe Canyon Formation and is the only one present in the area, the upper seams having been eroded by glaciation. The seam lies generally flat and varies from 2.0 to 5.0 metres thick. It lies under glacial till overburden varying in depth from 5.0 to 12.0 metres. The mineable coal extends from the side of the Battle River valley where it outcrops, to approximately 2.5 kilometres to the north. The mine is spread out over a distance of 8.0 kilometres in an east-west direction. Reserves and Coal Quality After over 30 years of mining at Diplomat, there are now less than 1 million tonnes of mineable reserves remaining on the property. With the commencement of coal production from the Paintearth Mine in 1981, supply to the Battle River Generating Station, formerly Diplomat's biggest customer, is being transferred to Paintearth. Rail shipments and domestic supply will continue until reserves are depleted. The coal has the following specifications:"

Jan 1, 1985