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By Xiaoqiong Wang, Daobing Wang, Fanbao Meng, Jianbo Wang, Hongkui Ge

"Shale gas has become an important unconventional oil and gas resources. Its effective development relies on comprehensive and accurate understanding of shale gas reservoirs. Rock mechanical properties is one of the important components of reservoir evaluation. Two adjacent black shale samples, which are cored from the depth of 1145 meters in Chongqing, southwest China, are subjected to acoustic emission(AE) test under uniaxial stress and compared with coarse grained granite. The results of synchronous AE, stress-strain and ultrasonic velocity experiments show that shale has weak anisotropy. Compared with granite sample, two shale samples are similar, but their strength, velocity and brittleness are quite different, indicating that shale has strong microscopic heterogeneity. TOC, XRD, SEM microstructure analysis show that total organic content, mineral composition and natural fractures are the main impacting factors for mechanical heterogeneity. INTRODUCTIONShale gas is a typical low-grade marginal resource, which is characterized by ultra-low matrix permeability and small single well control volume. In order to enable commerical development, complex hydraulic-fracture networks must be created in the shale to allow gas to escape from the micro/nano-pores and natural fractures where it is trapped in the rock (C. Clark et al.,2013; Ge et al., 2013). The development of shale gas requires accurate evaluation methodologies to evaluate shale reservoir properties and predict production. (Jarvie et al., 2007). Rock mechanical properties are an important part of the reservoir evaluation. It is significant for efficient drilling, completion and hydraulic fracturing to understand mechanical behavior of shale gas play (John, 2011; Wei, 2013).Rock mechanical properties mainly include heterogeneity, anisotropy, brittleness and acoustic emission activity (Lockner et al., 1992; Jerome et al., 2009; He et al., 2010; Liang et al., 2012). Shale mechanical properties are evaluated from laboratory tests following a complex workflow that covers tasks from sampling to testing (Md. Aminul Islam et al., 2013). It is common to include various experimental methods such as stress-strain curves, ultrasonic velocity and acoustic emission when evaluating the mechanical properties (Rao et al., 2006). Because of the presence of organic-rich matter, mineral composition orientation and natural fractures, shale tends to have strong anisotropy and heterogeneity (Deng et al., 2004; Wang et al., 2013; Hathon et al., 2013)."

Jan 1, 2015

The integration of mining and mineral processing technologies into new advanced mining systems is considered to offer several benefits, including selective mining, reduction in waste, increased productivity, flexibility, and improved resource utilization. This paper focuses on underground hardrock mining and the integration of pre-concentration technologies into future mining systems as representing realistic, shorter-term integration options. Control of fragmentation to optimize grinding, pre-concentration of ores, in situ leaching, and modular mining/mineral processing systems are possible with existing technology. Current research is directed toward development of integrated underground systems that minimize surface activity and minimize or eliminate surface waste disposal. Results from a simulation model of an integrated underground pre-concentration system are presented.

Jan 1, 2002

By W. G. Schultz

"Sylvite's potash mine, which produces 8,000 tons of ore per day, probably ranks as one of the most highly mechanized and automated mining operations in the world. Employing, on a normal 10-hour production shift, one supervisor and a crew of seven operators, Sylvite is able to mine at an average rate in excess of 600 tons per hour. The ore is produced by two Marietta miners weighing 258 tons, the largest and heaviest pieces of equipment ever taken underground. The ore produced by these two Marietta miners is conveyed to the shaft area, cycled through a 15,000-ton storage system and hoisted to surface completely automatically. The operation of all equipment in the mine can be monitored and controlled from a central control panel located underground. Because Sylvite's mine is a new operation with equipment of a new design, the full potential of the operation has not yet been realized. The ultimate capability is clearly evident from the success Sylvite has had over the past year as the average mining capability has risen from 100 tons per hour to 600 tons per hour."

Jan 1, 1973

This work illustrates the potential of two welding processes for joining AA1100-16 vol.% B4C metal matrix composite: laser welding process using a 4 kW Nd:YAG laser and Friction Stir Welding. A comparison is made between these two welding techniques in terms of microstructure and mechanical properties of welded joints. A large amount of brittle needle-like phases, together with some residues of B4C particles were observed in the fusion zone of laser welded joints. The use of Ti filler can improve the microstructure and increase the joint efficiency from 63% to 75%. On the other hand, the friction stir welding process being a solid state welding technique is interesting as it avoids the formation of brittle intermetallic phases. In addition, the breakage of B4C particles and the grain refinement of the matrix were observed in the weld zone. Consequently, FSW joints show much better mechanical properties than laser welded joints. Up to 100% joint efficiency can be achieved by FSW for annealed AA1100-16 vol.% B4C materials.

Jan 1, 2011

By Juan Anes, Dominic Fragomeni, Tim Edwards, Dave Scott, Simon Yu

"The Montcalm concentrator operation was successfully commissioned in fall of 2004 at the Xstrata Copper’s Kidd Creek Metallurgical Site, Timmins. The start-up met or exceeded the Type 1 profile as defined by McNulty. Since the life-of-mine was estimated at seven years, concentrator optimisation endeavours had to be fast-tracked. These joint endeavours between the Kidd Creek Metallurgical Site staff and Xstrata Process Support were focussed on increasing ore treatment capacity and metallurgical performance. This paper reviews these endeavours. A flotation circuit survey, together with appropriate Process Mineralogy measurements, identified recovery opportunities in both locked and overground pentlandite in final tailings. The bypassing of first rougher concentrate directly to final concentrate was also recommended, given the composition of that stream. A subsequent grinding circuit survey identified a low circulating load due to poor classification performance. Modelling of these data suggested a change to the cyclone nest and pumping arrangements in the grinding circuit. Implementation of these recommendations has led to a 25% gain in milling circuit capacity as well as improved flotation circuit performance. These improvements amount to nickel and copper recovery gains of 2.57 and 1.83% respectively.INTRODUCTIONHistoryThe Montcalm Ni/Cu Ore is processed in a spare division of the Xstrata Copper’s Kidd Creek concentrator, located near Timmins in Northern Ontario. The flowsheet had been specified by earlier work, and the project fast-tracked so as to commission production operations into a time of rising nickel and copper prices. The Montcalm flow sheet starts with on-site ore crushing to - 19 mm. The crushed ore is trucked to the concentrator. This off-site crushing minimizes contamination with the Kidd Creek Cu/Zn ore. In the concentrator, rod and ball mill grinding to a target p80 of 39 µm produces the Rougher Flotation Feed. Flotation to Bulk Concentrate follows as Cu/Ni roughing and two stages of cleaning. Bulk concentrate is subjected to Cu/Ni separation using conventional column cells. Xanthate is the collector and MIBC is used as frother. Depramin C, a CMC (Carboxy Methyl Cellulose) is added to depress ferromagnesian silicates in the flotation process."

Jan 1, 2009

By G. C. Hambleton

"The author has had wide experience in the reclamation of coal from coal mine waste dumps in the United Kingdom.The paper includes such topics as the processing decision and factors affecting processability; method of testing and appraisal; test data interpretation; historical influences in apppraisal; special contaminants and processing difficulties; methods of treatment; review of systems in use and their comparative economics; over-all system economics including excavation, handling methods, recovery system and shale disposal; effluent treatment; environmental considerations; alternatives to processing for coal recovery; light aggregate and cement usage; burned shale heaps; land reclamation; shale deposition for encouragement of vegetation by natural or artificial means; use of tailings fines; the environmental argument for action."

Jan 1, 1972

By J. S. Redpath

There appears to a definite trend toward the hoisting of greater tonnages from greater depths. There is every indication that this trend will continue and we feel that improvements in the design, fabrication and installation of mine guides will be of significant importance in the future. The present state of the art in mine-shaft guide systems is reviewed and the parameters required for improvement are derived in this paper. Finally, a proposal is made for a new steel guide system which meets the parameters and is economical to fabricate and install.

Jan 1, 1977

By J. O. Pitts

"Background The preponderance of Canada's coal resources is located in areas remote from high demand domestic users and at some significant distances from deepsea ports. This places great demands on the transportation system and has forced the coal and the transportation industries to adopt highly efficient methods of handling the product and hauling it to market position. Most of the coal not consumed in minemouth thermal power stations is carried by rail over lines operated by the two transcontinental railway systems, Canadian National and Canadian Pacific. These rail networks are extensive and have the advantage (as compared to most other North American railways) of being able to handle coal movements from origin through to destination without interchange to other rail carriers. Coal SourcesWith exception of the coal produced in Cape Breton, Nova iScotia, all the significant shipping volumes in Canada emanate ifrom mines located in the three most westerly provinces. Figure I ishows the geographic distribution of the major mining operaitions shipping coal to domestic and export markets. The prinicipal routes and the tonnages carried (1980 calendar year) are ialso indicated. iThe 1980 shipping data are summarized in Table I. Saskatchewan lignite began moving from Bienfait to Thunder Bay by CP Rail unit trains in mid-1981 at the rate of one million tonnes per year. The product is handled through Thunder Bay Terminals and delivered directly to a nearby Ontario Hydro electrical generating station."

Jan 1, 1985

By T. V. Nethery

Introduction A brief account of the East Malartic fire is essential if this paper is to serve the purpose implied by its title. The fire originated in the timbers of No. 4 shaft at the 10th, or 1,570-foot, level; this was the top or collar of the underground sinking operations. At the time, sinking was in progress and the shaft bottom was 242 feet below the 12th station horizon, or 618 feet 'below the l0th level. Above the l0th level, the shaft was not in use as the surface plant was not yet completed. The shaft crews descended from surface in No. 3 vertical shaft to the l0th level, where they transferred to No. 4 shaft, a distance of 1,450 feet. Of the sixteen shaftmen mucking at the shaft bottom, four were able to reach safety. One shaftman was overcome by fumes midway between the two shafts on the l0th level, while attempting his escape. The remaining eleven men climbed as far as the 11th station and there succumbed to carbon monoxide. No. 4 shaft, inclined at 61 degrees, bad been raised and timbered from the 10th level to surface; this bad been followed by sinking operations below the l0th. Two air hoists had been set up in the footwall of the shaft, 110 feet above the 10th level, and directly behind compartments No. 2 and No. 4. The waste from the shaft bottom was hoisted in 28-cubicfoot buckets on mono rails and dumped over standard shaft sinking doors into waste chutes built into No. 1 and No. 3 compartments. The five-compartment shaft, 7 ft. 8 in. by 34 ft. 6 in. overall size, was heavily timbered. In addition to the standard shaft timbers of 8 in. by 8 in. and 8 in. by 10 in. B.C. fir, the hanging-wall and ends of the shaft were laced with 4-inch spruce lagging. This represented approximately 300 board feet of timber in placee for every foot of shaft. The cause of the fire bas never been determined, despite every effort to do so. The inquest held for those who lost their lives in the fire was an extremely thorough one, but only the location of the origin, and not the cause, was established.

Jan 1, 1950

By D. F. Zhang, X. Q. Jiang, N. Tahreen, D. L. Chen, F. S. Pan, D. Y. Li

Alloying with rare-earth elements has been proven to be an important tool for magnesium to achieve superior properties via texture randomization. The role of yttrium in texture weakening and the link between texture and formability are fairly well known. Since annealing is a vital part of metal processing which could significantly contribute to ductility, it is important to ascertain the impact of annealing in terms of texture change. Also, an understanding about texture development during pre- and post-deformation annealing is essential to improve the industrial deformation processing as texture is closely related to formability. While there is independent information in the literature regarding the effect of rare-earth addition and heat treatment on the texture formation, no systematic studies have been reported on the collective impact of yttrium addition, annealing and deformation on texture evolution. The present study was, therefore, aimed to identify the inter-relationship among texture evolution, yttrium content, heat treatment and deformation behavior in an extruded Mg-Zn-Mn-Y alloy. Annealing at 450°C for 1 hour and uniaxial compression tests at a certain amount of deformation were performed. The deformed and annealed samples were then subjected to annealing and compression test, respectively, followed by texture measurements. It was observed that yttrium addition effectively weakened the crystallographic texture in all conditions, which was evident from the changes in the microstructures and textures.

Jan 1, 2015

By Real Daigneault, François Robert, J. Paul Golightly, Jean-Yves Cloutier, Jayanta Guha, Pierre Pilote

"The Casa-Berardi East, Center and West deposits, located in the Archean Abitibi, Sub province, are hosted by volcanic and sedimentary units of varying compositions, less than300 m from the Casa-Berardi fault (CBF). The CBF, a brittle structure, represents an increment in the structural evolution of a regional-scale deformation zone showing ductile-brittle behavior known as the Casa-Berardi deformation zone (CBDZ). The CBDZ is characterized by a mylonitic Sc1 foliation which is folded a.n4 deformed by a later sczfoliation in high strain zones.Four generations of quartz vein and fracture systems have been recognized within the Casa-Berardi deposits. Most economic gold mineralization, occurring in the second generation system, is found within high strain zones. This system hosts three types of mineralized structures: (1) banded quartz veins; (2) swarms of veins and mineralized host rocks; and (3) disseminated sulphides along fractures. An early carbonate hydrothermal alteration zone (pre- to syntectonic) surrounds the deposits. Alteration associated with gold mineralization is contemporaneous to late ( syn- to post-tectonic) relative to the development of progressive deformation in the CBDZ. The geological characteristics and paragenesis of the four quartz vein and fracture systems developed as an integral part of the geodynamic evolution of the Casa-Berardi deformation zone."

Jan 1, 1990

"Acid resistant brick lined autoclaves and related vessels are utilized in pressure oxidation for the recovery of gold, copper, and other metals. The combination of the corrosion resistant membrane, acid resistant brick, mortar and steel shell is a composite system that requires a sophisticated stress analysis. In order to obtain meaningful results both the model and physical properties of the materials must be carefully selected. Evaluation of the calculated results requires an understanding of both the failure mechanisms of ceramics and experience with the performance of existing lining systems.INTRODUCTIONAcid brick lining systems are used in pressure oxidation autoclaves and related vessels to provide thermal and mechanical protection for corrosion resistant membranes that are applied directly to the interior of the vessel shell. The acid brick and mortar must be resistant to the process conditions and must provide a mechanically reliable structure.The construction of lined vessels incorporates a wide range of materials that can include the carbon steel vessel, austenitic weld overlay, lead lining, organic membrane, ceramic brick, mortars and other alloy components. The physical properties of the materials can vary by orders of magnitude and when combined in the construction of the lined vessel create a complex composite structure. The materials may be bonded together or act independently of each other. Stresses are induced into the lined vessel include pressure, thermal expansion, chemical expansion and mechanical loads.The complexity of these systems makes it is very difficult to account for all of the variables in the structural analysis of lined vessels. Historically calculations were simplified and designers primarily relied on experience with previous applications.The greatly improved tools for Finite Element Analysis (FEA) available today allow for detailed calculation of the stresses imposed on the vessel shell and lining. Koning & Lauzon (2004) presented a paper on design fundamentals including a discussion on the application of FEA methods at Pressure Hydrometallurgy 2004 in Banff. When a designer carefully constructs a model and selects the correct materials properties for the calculations, meaningful and useful results can be achieved."

Jan 1, 2012

By Andre Panteleyev, Charels S. Ney, John M. Anderson

"Sam Goosly prospect, 22 miles southeast of Houston, B.C., was discovered in 1967 through geochemical reconnaissance. Soil sampling interpreted with respect to an east-to-west ice movement led to drilling targets.Mineralization is in a window of rocks thought to be Hazelton Group surrounded by Tertiary volcanic rocks and intruded by two stocks separated by about one mile. A westerly quartz monzonite stock is dated 61.1 m.y. and an easterly gabbro-monzonite complex is dated 52.5 m.y. The Tertiary volcanics are trachyandesites shown by the B.C. Department of Mines and Petroleum Resources to be in part extrusive equivalents of the gabbro, and they overlie Hazelton rocks uncomformably. Copper-molybdenum mineralization is sparsely developed in the westerly stock. Silver-copper mineralization forms an elongate west-dipping slab between the stocks in Hazelton rocks, which are continuously pyritized. The gabbro stock is not mineralized, but some dikes related to it are slightly so. Tertiary rocks are pyritized, but are not known to carry copper-silver mineralization. Hazelton rocks are divided into a lower conglomerate, an intermediate pyroclastic unit and an upper mainly sedimentary unit. They form a west-facing homocline. Coppersilver mineralization resides in the pyroclastic unit, mainly in a massive dust tuff through which are lenticular units of lapilli tuff. Well-mineralized rock is typically a breccia of light fragments in a dark chlorite-sulphide matrix. Sulphides are pyrite, chakopyrite and locally pyrrhotite, with very minor tetrahedrite, s phalerite and other sulphosalts. Rock alteration is predominantly a pervasive pyrite-sericite type, with widespread tourmaline, scorzalite, gypsum, ankerite and traces of fluorite. The most evident control of the copper-silver mineralization is the gross parallelism, over a strike length of 1.5 miles, to Hazelton strata, particularly a massive dust .tuff unit. In detail, mineralization crosscuts bedding and there is no appreciable banding within sulphides . A strictly syngenetic origin is untenable, but some initial concentration in a volcanogenic environment with subsequent modification by thermal processes seems likely."

Jan 1, 1972

Although Canadian bentonite is competitive in quality for most uses, it has not been accepted for the pelletizing of iron ore concentrates. In 1962, Canada consumed about 10,000 tons of imported bentonite for this use. By the end of 1965, the planned domestic consumption for this purpose alone will probably be more than 100,000 tons a year, valued at about $3 million. Consequently, a challenge exists for the establishment of a Canadian source of high-quality bentonite for pelletizing. Such a bentonite would also be suitable for the two other major applications -well drilling and foundry use. Brief mention is made of such topics as the identification, 1noperties, occurrences, exploration, applications, technology and laboratory testing of this clay. In particular, the type of bentonite in demand, the geological horizons warranting exploration, and simple preliminary test methods are discussed.

Jan 1, 1964

By Christoph Mueller

Mining operations are characterized by cost pressure and cycling product prices. A high potential for enhancing efficiency is the integration of all single steps of the mining working chain into a production process structure to make advantage of an optimized flow of material and information through the ?moving ore factory?. As modern mining machinery today is controlled electronically and even already operated autonomously, a smooth and cost efficient flow of data in the mining process will be crucial for cost efficient future mine operations. Therefor, the International Rock Excavation Data Exchange Standard (IREDES) was launched by major players in the industry. The task of this initiative is to define a ?common electronic language? for easy and standardized data exchange between mining machines and central computer systems. As in other industries, this standard is expected to have significant impact on the use of automated equipment. It shall provide easy ways of using multi vendor machine installations in data controlled mining processes. At the same time it reduces cost for individual development of interfaces for all parties involved. Standardized data exchange is also a crucial precondition to integrate the mining process into enterprise level modeling, cost analysis and decision finding systems. The standard?s technical architecture is open and flexible for future applications. It uses modern XML technology enabling easy data exchange with commercial databases as well as open on line networking. The IREDES work is carried out by the initiative members working jointly together in the technical work groups. Prototyping implementations of the Drill rigs profile are currently going on. Further profiles under development cover LHD?s/Loaders/Trucks and Explosives Chargers. The first official release covering the Drill Rigs profile is planned for the end of 2002.

May 1, 2002

By William C. Browning

An economic drilling programme is one which costs the !east in chemicals, equipment, and time. The basis for such a programme with rotary drilling techniques is a drilling fluid in which bentonites do not swell. This is recognized in the growing trend toward gyp and other inhibited mud systems. Therefore, even though the mechanism of thinner action is a subject of applied colloid ,chemistry, the understanding of this mechanism is of economic importance in controlling the flow properties of inhibited muds. In phosphate, or sodium tannate, conditioned muds that are relative-!y free of contaminating-electrolytes, the thinner, or dispersing agent, is adsor.bed, ?creating an electrical double layer about the clay particles. The mutual repulsion of these charged particles effects colloidal stabilization, or deflocculation of the suspended clays, as discussed by Norton and others. In inhibited muds, however, the electrolyte concentration in the filtrate is sufficient to collapse the double layer and flocculation of the mud solids occurs, as evidenced by increased viscosity and gel values. Chemicals to control the flow properties of inhibited muds, therefore, are vital to the successful use of these systems as it is not always economical to adjust flow properties by watering back. Flocculation of suspended particles, as indicated in the work of Vervey, Overbeek, and others, is due primarily to gravity-like, long-range Van der Waals forces. Prevention of flocculation may, therefore, be secured by the interposition of any barrier between the particles, the thickness of which approximates the extension of the Van der Waals at-traction. Organic polyelectrolytes, such as Kembreak, Rayf!o, and Q-Broxin, may act to increase the double layer charge when used in small amounts in fresh-water muds. More important, however, is the fact that in inhibited muds an increase in concentration of the polyelecholyte permits the formation of a condensed film adsorption layer of the polyelectrolyte about the clay particle. When this occurs, the extremely viscous condensed adsorption layer creates a mechanical. barrier that prevents flocculation of clays, even in the presence of inhibiting concentrations of elecholytes. Rheological evaluation of the degree of deflocculation, or colloidal stability, may be made by utilizing the known effects of particle inter-action and volume concentration on the flow properties of suspensions. Rheological evaluation should be supplemented by direct microscopic or ultra-microscopic observation.

Jan 1, 1958

By John D. Galloway

Mining is one of the important primary industries of Canada, with a gross production in 1927 estimated at $241,773,000- the highest in the history of the country-and an impressive dividend record. It is quite apparent, therefore, that mining is a business worthy of the careful attention of the people of Canada. Furthermore, with a vast undeveloped territory more or less mineralized, it is highly probable that our mining industry will continue to expand indefinitely, with a consequent increase in production and in the amounts of the yearly profits distributed. In recent years, the public has taken a larger interest than formerly in mining-an interest, moreover, that is not academic, but primarily from the viewpoint of profits. It is quite evident that mining is a profitable business, at least to some, and the average man on the street, hearing of these profits, is attracted thereto. I have no doubt that many of you have .read in promotion prospectuses, with figures to prove it, that mining is the most conservative, the safest, and the highest-yielding business in the world. Now, a lot of this information is best judged by the old saying that "While figures don't lie, liars figure". At the same time, mining, properly conducted, is a profitable business, even though speculative, and undoubtedly much profit will come from Canadian mines in the future. In this paper my conclusions regarding mining investments are based largely on British Columbia experience, together with some slight knowledge of mining conditions in the other Provinces. It is considered, however, that the inferences drawn are applicable to mining throughout Canada.

Jan 1, 1928

By J. K. Armstrong, C. Feyerabend

"As mines are constantly growing and expanding, so do the challenges for emergency response teams. They have to keep up with the pace set by current and future production techniques. Although mines have now reached depths of several kilometres and their dimensions and complexity are that of an entire city, mines rescue still must be able to reach the most remote areas within the mine in a swift and safe manner. The duration of breathing apparatus and physical human capabilities are limitations. Therefore, alternative methods have to be explored to extend the time under oxygen for mine rescue teams without putting additional stress on the team members. To address this global trend, Dräger, Goldcorp and PAUS have partnered to develop a mine rescue vehicle that allows mine rescue teams to travel for an extended period of time through a contaminated atmosphere without the use of breathing apparatus, thus extending the range of their mission. By applying currently available techniques, the safe expansion of mine production can be ensured, giving mine rescue teams the ability to respond to accidents in a safer and faster way. INTRODUCTION With the reduction of easily accessible natural resources, there is a global trend toward searching for higher ore grades underground and/or continually expanding mines underground to extend their lifetime. While in some areas this trend has just begun, in other countries mines are reaching depths or horizontal dimensions that pose extreme challenges (Codelco, 2016). These challenges include safety relevant topics, such as rock stability, heat and seismicity, but also more basic issues such as distances to the working face, which can become crucial considering the cost to develop a new shaft or decline. To overcome this, there is a growing interest in collaboration among various stakeholders to drive the development and support of deeper mines and tackle the complexity of underground mining. This is evidenced by the fact that several industry and research groups and networks have formed, e.g. the I2mine project in Europe and the Ultra-Deep Mining Network by the Centre for Excellence in Mining Innovation in Canada. Due to commodity pricing and the trend toward renewable energy, metal/non-metal mining will be the driving force behind this development."

Jan 1, 2019

By R. M. S. Häggblad

The article deals with stabilisation and regeneration of Ce02 and Ce02/Zr02 based Pt water gas shift catalysts, subject to high initial deactivation. The reaction gas species effect on the catalyst deactivation was investigated by H2-TPR. Activity measurements enabled the effect of different promoters, some added to the Ce02 based catalysts and some to the Ce02/Zr02 based Pt catalysts, to be investigated. The catalysts were also characterised by BET and CO-TPR. Deactivated catalysts activity was restored by using various regeneration methods. Of the two selected carriers the Ce02/Zr02 based Pt catalyst showed the highest resilience to deactivation. For the two different carriers, Ce02 and Ce02/Zr02, Wand Re were the best promoters when the catalyst was subject to deactivation. Experiments with Hr TPR indicate a fast initial change in the platinum oxides concentration and composition. The CO-TPR was used to make conclusions about the various regeneration effects of water and oxygen on the catalyst. Finally it is suggested that not one deactivation mechanism is possible and which mechanism that dominates is dependant on the catalyst and the reaction gas composition.

Jan 1, 2005

By Lawrence Devon Smith

"This paper examines the impact of the various assumptions that go into an economic evaluation, and shows how these can be combined to show an exciting result that may not really exist. An example of an embellished case (the kind that one frequently sees when projects are being promoted) is developed and the cumulative impact is analysed to show the actual project underneath. The paper also points out some areas to watch for overly optimistic assumptions such as prices, inflation, and debt. The concept of a ""bare bones"" base case is proposed (constant metal prices, constant dollars, no inflation, no debt, no interest, on a project basis, after tax) as a common reference point.As well, the discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.INTRODUCTIONOften, the first time that all of the technical and economic data for a mineral project comes together in one place is when the economic evaluation is developed. This typically happens when work on the project has progressed to a sufficient level of detail that the effort to produce a year-by-year cash flow is justified, usually at the pre-feasibility or feasibility study stage. The data involved will include:• production; tonnes waste and ore mined, ore grade, mining recovery, metallurgical recovery, metal sold• revenue; metal price, smelting & refining charges, marketing costs• operating Costs; mining, milling, administration, fees, royalties• capital Costs; exploration, development, construction, indirect costs (engineering, management), contingencies, start-up, inventories, working capital, replacement and sustaining capital, closure costs• taxes and royalties• exclusions; depreciation (this is not a cash item), sunk costs (only costs going forward)."

Jan 1, 2003