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By A. J. Reed, W. R. Bergey, Carr. J. M.

"The Highmont copper-molybdenum deposits are at Gnawed Mountain in the Highland Valley porphyry copper district, 125 miles northeast of Vancouver. This district is near the center of the lower Jurassic Guichon Batholith, where a north-trending swarm of porphyry dikes is crossed by west-northwesterly structural belts in which fracturing, intrusion of porphyry and breccia, and mineralization areconcentrated.The Highmont deposits are 2 miles southeast of, and in the same southernmost structural belt as, the Lornex deposit. The main deposits occur on either side of a composite dike of granodiorite, porphyry and breccia which strikes west-northwestward in fractured quartz diorite. North of the dike, the adjacent Nos. 1 (East) and 2 (West) zones together contain 150 million tons of open-pit ore mineable in two separate pits. These two zones will support a 25,000-tpd mill with a grade in the first five years of approximately 0.46 per cent copper equivalent. South of the dike, the Nos. 3 and 4 zones are partly explored and will provide large additional reserves. In these various zones, chalcopyrite, bornite and molybdenite form disseminations and fracture-fillings accompanied by quartz, K-feldspar, tourmaline, sericite, specular hematite and other minerals. Bornite extends for varying distances north of the dike, beyond which chalcopyrite is locally accompanied by pyrite. Higher-grade mineralization tends to coincide with fracture swarms, or with shear zones and faults which largely parallel these swarms. The ore zones are reflected by geochemical soil anomalies which show some glacial dispersion. LP. surveys gave weak but significant responses, expressed as per cent frequency effect. The ore zones occur within a strong magnetic gradient, but do not show a significant magnetic response."

Jan 1, 1971

By P. Rosario

"Industry practice for high-pressure grinding roll (HPGR) assessment and sizing relies on tests using pilot-scale machines with 0.7–1.0 m roll diameters. Typically 1–10 t of sample are required, depending on the level of study and resource complexity. This is challenging during early-stage development, which hinders incorporating HPGR into designs. With support from the Canadian Mining Industry Research Organization, researchers at the Norman B. Keevil Institute of Mining Engineering at The University of British Columbia developed bench-scale piston–die press tests (PPTs) that correlate to pilot- and full-scale HPGRs. This paper describes a new regression model to estimate the HPGR-specific throughput rate using both PPT results and an HPGR database. A case study is presented to show how the current PPT method is used for engineering studies. ¦ KEYWORDS Empirical modelling, High-pressure grinding roll (HPGR), Piston–die press test (PPT), Sizing and scale upRÉSUMÉ La pratique en vigueur dans l’industrie concernant l’évaluation et le calibrage d’un cylindre de broyage à haute pression (HPGR, de l’anglais high-pressure grinding roll) dépend d’essais menés à l’aide de machines à l’échelle pilote dont les diamètres de bobine sont de 0,7 à 0,10 mètre. On a généralement besoin de 1 à 10 tonnes d’échantillons en fonction du niveau de complexité de l’étude et des ressources. C’est une pratique difficile durant les premières phases de développement, qui empêche l’intégration du HPGR dans les plans. Bénéficiant du soutien de la Canadian Mining Industry Research Organization (CAMIRO, l’organisation de recherche de l’industrie minière canadienne), des chercheurs du Norman B. Keevil Institute of Mining Engineering (l’institut Norman B. Keevil de génie minier) de l’université de la Colombie-Britannique (UBC) ont mis au point des essais en laboratoire sur des presses à matricer à pis¬ton (PPT, de l’anglais piston–die press tests), qui mettent en corrélation les HPGR aux échelles pilote et réelle. Cet article décrit un nouveau modèle de régression qui évalue le taux de production spécifique aux HPGR à l’aide des résultats tirés des PPT et d’une base de données dédiée aux HPGR. Une étude de cas est présentée afin de décrire l’utilisation de la méthode actuelle des PPT dans les études techniques. ¦ MOTS CLÉS calibrage et mise à l’échelle, cylindre de broyage à haute pression (HPGR), essai sur presses à matricer à piston (PPT), modélisation empiriqueINTRODUCTION It is widely accepted that high-pressure grinding rolls (HPGRs) are a viable, energy-efficient solution for modern comminution flowsheet design. Table 1 summarizes select examples of HPGR applications in the mining industry. The main benefits of HPGRs are energy savings, which leads to lower operating costs, and stable operating characteristics that can better cope with variations in ore hardness compared to the conventional autogenous (AG) or semi-autogenous (SAG) mill-based comminution circuits."

Jan 1, 2019

By François Robert, Rex Brommecker, Don S. Bubar

"The Orenada Zone 4 deposit is a small vein-type gold deposit occurring directly within the Cadillac Break southeast of Val d' Or in southeastern Abitibi Sub province. Mineralization is hosted by the Piche Group which, on the Orenada property, consists of talcchlorite- carbonate, chlorite-carbonate, and sericite-chlorite schists, derived from ultramafic volcanic, mafic igneous, and intermediate to felsic volcaniclastic rocks, respectively. All these rocks have been carbonatized.Rocks of the Pichi Group display a strong east-west, subvertical S1foliation, which is superimposed by asymmetric, intrafolial F2folds with shallow to moderate plunge to the east and to the west. F2folds are accompanied by an S2, subvertical axial planar cleavage, and are interpreted to result from dextral transcurrent shearing along sr.The Zone 4 deposit occurs within a large F2 fold, 60 m wide and plunging at 45 to the east, down to a depth of at least 300m. The auriferous zones consist essentially of zones of closely spaced, parallel quartz-tourmaline-albite-carbonate-arsenopyrite veins concordant to Sr these veins have been folded by the large F2fold and may pre-date the folding. A few discordant quartz-tourmaline-arsenopyrite veins, post- dating the F2 folding, also contain gold. Wallrocks adjacent to concordant veins have been carbonatized, albitized and contain significant amounts of tourmaline and arsenopyrite, with which gold is intimately associated.The Orenada Zone 4 deposit is a unique example of a deformed vein- type gold deposit, and exemplifies one of several types of association of lode gold deposits with folds."

Jan 1, 1990

By H. H. Wober, P. J. Morgan

"The proposed classification of ore reserves based on geostatistical and economic parameters is designed to be used as a communication tool to identify for investors, bankers, and financial analysts the degree of risk associated with a specific class of ore reserves. The class designation identifies the degree of accuracy of the estimates for tonnage and grade of annual production volumes of ore. It thus enables decision makers to quantify the risks and uncertainties inherent to the ore reserve in achieving over-all economic goals and annual financial objectives.IntroductionDuring the evaluation, in 1980, of the Creede silver deposit in Colorado, U.S.A., as a potential bulk mining project, the authors were faced with the problem of conveying to senior management the risks and uncertainties that are implied by using common or conventional classification systems to categorize ""ore reserves"". The estimated numbers for tonnages and grade of the projected ore reserves represented the only entry for future revenue from the project. It was, therefore, necessary to convey to management the level of risk associated with those numbers when implementing further stages of development, and to convey what impact significant differences would have on the profitability of the project. The desire to quantify these risks led to a revised definition of ""ore"" and to a re-examination of the classification system of ""ore reserves"". Traditional methods for estimating tonnage and grade of reserves do not include a quantification of the errors of these estimates. The advent of geostatistical methods made this quantification possible. The proper application of geostatistical methods, with adequate geological input and a reliable set of sample data, is essential to its validity.Others have proposed a classification of ore reserves based on geostatistical parameters. Diehl and David (1982) recognized ""that concepts of proven, probable and possible have to be linked to the production rate or time horizon"". Royle (1977) had also addressed this problem. Forsyth (1987) pointed out that bankers are concerned with ""the probability that the variability will fall within a certain degree of accuracy"" especially for grade estimates, and would like to see grades expressed together with the error of the estimate at the 950Jo confidence level."

Jan 1, 1993

By L. Li

To accommodate the large payloads and harsh operating conditions associated with heavy vehicles in the mining industry, off-the-road (OTR) tires are typically used with heavy mining vehicles. These tires have increased abrasion and wear resistance due to their thicker tread, sidewall and bead thicknesses. Given these features, OTR tires are much stiffer than conventional passenger vehicle tires and cannot be mounted to a single-piece rim without damaging the structural integrity of the tire during the mounting process. Therefore, multi-piece wheels are used with OTR tires to facilitate mounting. While these assemblies are necessary, several instances of their failure have been reported to result in injuries or fatalities within the mining workplace. Many of these failures were specifically reported to be caused by the disengagement of the wheel lock ring - a component used to securely engage the assembly during operation. In this study, a threaded-connection locking mechanism has been proposed in place of the traditional lock ring design. The performance of this threaded-connection was numerically evaluated in a pull-out test against a conventional five-piece wheel assembly. The pull-out test was devised as a means of quantifying the engagement ability of each wheel?s locking mechanism. A high degree of modelling accuracy was maintained throughout the analysis by validating the vertical and horizontal static loaddeflection behaviour of the rim model of the five-piece wheel assembly against experimental data. Through validation, the model data were found to be within 10.5 and 4.80 %, for vertical and lateral loaddeflection behaviour, respectively. Results from the pull-out analysis found that the threaded-connection demonstrated a 113 % increase in the force required for disengagement to occur relative to the conventional five-piece design - a force of 9,550 kN in total.

Aug 1, 2013

By Dave Bulled, Jim Thompson, Tim Leriche, Mark Blake, Troy Wilkie

"A commitment to a core testing, plant modeling and reconciling technique has shown substantial economic benefits to IOC in terms of accurate production forecasting, smoother operation of the mill, improved expectations of throughput and co-operation across production departments from geology, planning, mining, and processing, to shipping of concentrate to market.This paper describes a successful seven year program of forecasting throughput of the autogenous milling circuit at the Carol Lake concentrator of IOC. Work started with audits of the grinding circuit in 2001 and benchmarking of the data collected from samples of mill feed and plant operation to the CEET mill design and throughput forecasting model.Initially 390 drill core samples were tested for SAG Power Index (SPI) to measure the energy required in milling, and the data distributed using a geostatistical technique across the two operating pits, so that hardness was estimated in each of the 40,000 blocks (or 1500 million tons) of potential ore. In 2004 a forecast of energy requirement, i.e. forecast of throughput for a given power availability at the mill, was produced for each ore block using the CEET model and used for mine planning to smooth plant throughput. The forecast for blocks mined on a monthly basis was reconciled with plant results over the next 2 years and minor changes made to the CEET model. The forecasting exercise was repeated in 2006 and in 2008 with the latest model based on the testing of almost 1300 samples of drill core at closer spacing.INTRODUCTIONThe contracting of sales to clients and the timely supply of products to meet those contracts is a cornerstone of good business practice. Ensuring the correct scheduling of production is a major concern of mining companies where the supply and qualities of the raw material is uncertain and production facilities are not flexible. This is particularly challenging when the product is of high volume and produced far from the customer, such as iron ore.Apart from the metal content of the ore being mined, the greatest impact on production scheduling is the throughput of the comminution section of the extraction plant; most notably when size reduction is achieved by autogenous grinding. The response of the mills to variability in the hardness of the ore can change throughput by as much as 50% from day to day at some plants."

Jan 1, 2009

By Robert B. Wickham

"American Barrick has always balanced its aggressive operating approach with a conservative financial strategy. In fact, what enables their mining team to pursue such aggressive plans with confidence is the conservative financial strategy adhered to by the company. These policies are built on a prudent mix of gold linked financings, equity and gold price hedging.This paper outlines these policies and focusses in particular on American Barrick's gold price hedging program.IntroductionThe company's balance sheet at the end of 1990 clearly shows the wisdom of its conservative policies. Total assets have grown to over US$1 billion; cash has grown to US$312 million and shareholders' equity to US$645 million. All amounts included in this paper are quoted in U.S. dollars. Increased gold production and an effective gold price hedging program also combined to produce record income from operations, earnings and cash flow in 1990.The first half of 1991 is also indicative of the benefits of the company's conservative financial policies. Increasing production, together with its comprehensive gold hedging program, has generated increased earnings, even in a period of falling gold prices.All year-over-year numbers for the first six months are up. Gold production was 36% higher; earnings of $40.2 million $ 0.30 per share - were 46% higher than 1990.Barricks revenue continued to increase despite gold prices remaining unchanged during 1990. Barrick's hedging policy protects the company from falling gold prices on the basis that the upside looks after itself. Their hedging program - including various goldlinked fmancings - enabled Barrick to realize an average price of $437 per ounce of gold sold in 1990, compared with the Comex average gold price for the year of $384 per ounce."

Jan 1, 1991

By M. Maccagni, J. Nielsen

"The recovery of lead from battery paste has been investigated for a long time and with the use of many different electrolytes. A number of processes have been presented, but none of them reached even the demonstration step. Engitec has developed a new concept for the battery paste electrowinning using a chloride electrolyte fed through a very innovative flow cell. The process has passed the lab and the demo scale and it is ready to be introduced on the market. In this paper, a description of the process will be provided.INTRODUCTIONThe need for improved energy storage systems as well as the introduction of commercially viable electric vehicles is providing a strong compulsion toward the research of new batteries. The lead battery is playing an important role because it is inexpensive, reliable and it is the most recycled material. This last aspect marks the lead acid battery as quite peculiar making it both the primary lead based product and the main raw material for lead production.In the last years the legislative pressure has become very strong and has forced the lead production to react through the introduction of important process innovations and market changes. The dispersive products, such as additives for paints and for fuel as well as bullets, have been practically banned all over the world while the battery market continues to grow. The lead acid battery remains the cheapest and most integrated energy storage system available and is improving to meet the new technical challenges. This is testified by the news coming from the development of new and more efficient lead acid batteries which are confirming their leading position.Unfortunately, the image of lead is very negative in the public opinion and some important actions are required to try changing this sentiment. Among them, better information to the market and users and the introduction of new and cleaner technologies in the production of lead can help."

Jan 1, 2016

By Marcel Vallée

Frequently, costs overruns and defaults in mining project performance result in serious problems and headaches for all project participants and impact on corporate objectives, profits and image and, occasionally, lead to project failure. As mining professional s, we should be very concerned that, in a recent World Bank paper (Weber-Fahr, 2001), geological and technical risks were considered the most important ones facing mining projects. Whenever we manage to reduce or minimize these risks, we are in better position to overcome the environment-, market-, finance- and community-related ones. The causes of this situation seem rather systemic, as a fairly long list of industry problems with new pro jects has been described in industry papers in pas t and recent years. A brief review of industry problems with mining projects will be given first, followed by a review of the basics of the current Quality Management and Continuous Improvement perspectives that have evolved from earlier quality control and quality assurance systems and policies. Particular particular attention will be given to the work of W. E. Deming. As the system approach is an essential part of such policies, it will be described succinctly. Given that poor communications and interactions among geologists, mineral processors and mining engineers/operators ca n seriously affect project efficiency and profitability, these interrelated processes with in the mining systems will be analyzed and modelled and the impacts of such situations will be described through a number of anonymous case histories and examples. A synthesis of Dr Deming's management system, includ ing his Four teen P oints and System of Profound Knowledge, will be prese nted .

May 1, 2002

By M. A. Upham

"Prairie Evaporites of the Province of Saskatchewan in a deep oil-well hole. Exploitation started in 1950 under a shroud of doubt that this huge reserve could be mined. It was fraught with almost insurmountable physical problems in penetrating the Prairie Evaporites. After 12 years of experimentation and development of new shaft-sinking methods, mining equipment and processes to treat the high-grade potash ore (sylvanite), a new era of high-risk resource development dawned in Saskatchewan.The development of 10 new mines opened up the largest known mineable potash reserves in the world and Canada became the second largest. producer of potash to supply domestic (U.S.A. and Canada) and overseas markets. A monumental program in marketing-devising new transportation systems and strategically locating warehouses-was developed in order to expeditiously service domestic and overseas customers. The year 1969/70 started a period of overcapacity and the problem of prorationing. As the market strengthened in 1974, the Saskatchewan Government applied the reserve tax to the industry. Then, they announced the setting up of a Crown corporation to acquire ownership by purchase of up to fifty per cent of the industry. During this time, potash was discovered in New Brunswick within 50 to 60 miles of a seaport, where two deposits have been explored by the same pioneers who started the potash development in Saskatchewan.With this background, the paper will examine various elements of the economics and marketing of Canadian potash."

Jan 1, 1980

By Abdelkabir Maqsoud

Different management options and rehabilitation strategies are available for mine wastes that produce acid mine drainage (AMD). One of them consists in building a cover with capillary barrier effects (CCBE) on the tailings to limit the availability of oxygen, an essential component of the chemical reactions leading to the generation of AMD. Prior to cover construction, a monitoring strategy must be established to evaluate the response and performance of the cover system. The key parameters to monitor should include matric suction and volumetric water content in the CCBE, oxygen flux (and/or oxygen concentration) through and below the cover, and the main meteorological parameters for the impoundment. In this paper, different techniques available to measure the targeted parameters are described and their main properties are given. Recommendations (based on existing cases) on the location and the number of monitoring stations and on the measurement frequency for each monitored parameter are also proposed.

May 1, 2007

By Wei Wang

The SMCO copper plant is located in DR Congo, and was designed by China NERIN Engineering Co., Ltd. The process is a typical hydrometallurgical plant with Leach-SX-EW, with the project treating the oxide minerals with agitation leaching, followed with three stage of solvent extraction and two stages of stripping, and using permanent SS cathodes to produce LME grade copper. Because of the special characteristic of the ore, what contains 2 different type of oxides (one high carbonate oxide and the other low carbonate), there are several new technical measures that have been developed and adopted for the plant. For example, different grinding, leaching, and filtering are used to treat different oxides. This paper, presents the project process, engineering design, construction and commissioning. The paper also describes some of the problems encountered during plant commissioning, such as the agitation leaching tank issues, and corrosion in the settler-mixer. This paper discusses some NERIN solutions to these problems, and explains the use of the CN filter, which is used to filter PLS to treat high level suspend solids, instead of the traditional sand filter. Finally, this paper also proposes steps / measures for further improvement for future plant operation.

Jan 1, 2014

By Tom Shumka

INTRODUCTION ?The Electro-Magnetic Crack Detection (EMCD) technique is an electromagnetic inspection method used for detecting and sizing surface breaking flaws. ?It works well on structural material or welds, ferrous or non-ferrous metals. ?EMCD?s rapid scanning is achieved using a hand-held probe. ?EMCD provides reliable crack detection and sizing (length and depth). Cracks can be sized accurately. ?EMCD dramatically reduces most cleaning requirements as there is no need to clean to bare metal. ?EMCD is capable of inspection through thin metallic coatings, or through non-conducting coatings up to 10mm thick. ?EMCD allows full data storage for back-up, off-line view and audit purposes.

Oct 1, 2010

By H. A. Steane

THIS BRIEF PAPER presents the information available on the use of Dorrclon?is in the middling re-grind unit at the lead-zinc mill of Canadian Exploration Limited. The plant throughput is 1,650 tons per twenty-four hours. The flotation feed is ground to 60 per ?Cent passing through 200 mesh. It contains some composite 11articles of sphalerite in calcite, and these reported either in the final zinc concentrate, thus lowering the grade, or in the tailing, with loss of zinc. The re-grind unit was set up in the zinc flotation circuit to liberate the sphalerite from these middling particles, to raise the grade of concentrate and improve recovery. Grinding through 325 mesh should give substantial liberation of locked sphalerite. The middling regrind unit consists of two Dorrdones and one ballmill arranged as shown in the -accompanying flow-sheet. The Hardinge ball-mill, size 7 ft. x 36 in., was free for this use as a result of recent plant expansion. The two Dorrclones were purchased, and the necessary pumps and pipe lines were installed to complete the regrind unit. The unit has been developed over a period of two years by several steps and various flow schemes until reaching tl1e present flow scheme. These steps are not elaborated here, because the changes were made to determine the best product to work on for flotation metallurgy, and not because of the Domrolone classifying ability.

Jan 1, 1956

By George Chung

"The Iron Ore Company of Canada's Carol Lake Project is Located near the western boundary of Labrador, 960 air kilometers northeast of Montreal (Figure 1).The Concentrator operation was started in 1962 with a capacity to produce 7 million tonnes of concentrate per year. The bulk of the concentrate was pelletized at a 6 million tonnes per year pelletizing plant completed in 1963. The remaining concentrate was sold in the international market. The concentrator was first expanded in 1966 to 10 million tonnes per year capacity with the pellet plant also expanded in 1967 to match the increase in concentrate production. In 1973, the concentrator was further expanded to gear with the increase in concentrate sales. In 1977, more than 40 million tonnes of crude ore was processed to produce in excess of 17.4 million tonnes of concentrate and 10.4 million tonnes of pellets."

Jan 1, 1980

By M. H. Kotze, V. Yahorava

A gold-selective ion exchange resin, containing tributylamine groups, was developed by Mintek for the recovery of gold from cyanide leach solutions. The Dow Chemical Company and, more recently, Purolite commercialized the production of this gold selective resin for use in the gold mining industry, and it is marketed as Dow XZ-91419.00 and Purolite A194 respectively. A novel application of this resin is the selective recovery and separation of AuCl4 - f rom p latinum group metals (PGMs) in chloride and nitrate solutions. The current paper describes potential benefits of this type of resin for selective recovery and upgrading of gold from low grade chloride or nitrate waste streams, and the possibility of gold separation from PGMs during their refining in chloride media.

Jan 1, 2014

By A. Garnier, K. Tremblay-Bouliane, B. Gaillet, S. Moineau, D. Tremblay

"A heptapeptide library displayed on M13 bacteriophages (phages) was screened to identify peptide sequences able to selectively bind to gold, chalcopyrite, sphalerite, pyrite, and silica ores, and to evaluate phage potential as bioflotation reagents. Many peptide sequences were isolated through biopanning and differed from known sequences. Adsorption isotherms were determined and a receptor/ligand interaction model was identified and used to compare affinity of peptide sequences toward ores. Some phage sequences have slightly lower affinity to sphalerite than other sulphides. Adsorption was higher on sulphides than on silica. Induction time measurements suggested filamentous M13 phages lower hydrophobicity of the ore surface.RÉSUMÉ Une librairie d’heptapeptides présentés sur des bactériophages M13 (phages) a été criblée afin d’identifier les séquences peptidiques affinitaires à des minerais d’or, de chalcopyrite, de sphalérite, de pyrite et de silice et d’évaluer le potentiel de ces phages en tant que de bio-réactifs de flottation. De nombreuses séquences peptidiques ont été isolées par bio-criblage et différenciées d’autres séquences connues. Des isothermes d’adsorption ont été déterminées et un modèle d’interaction récepteur–ligand a été identifié et utilisé pour comparer l’affinité des séquences peptidiques par rapport aux minerais. Certaines séquences de phages possèdent une affinité légèrement inférieure pour la sphalérite comparativement aux autres sulfures. L’adsorption sur les sulfures était plus élevée que sur la silice. Des mesures de temps d’induction suggèrent que les phages filamenteux M13 diminuent l’hydrophobicité de la surface des minerais."

Jan 1, 2016

By Z. Abbasloo, A. Masoomi, L. Ebrahimi, A. Mortazavi, A. Keshavarz

"Investigation and 3D analysis of Heap no. 2 of Meydook copper complex was the subject of this study. In this project all geological and geotechnical investigations conducted in the mine were evaluated aiming at determination of Heap no. 2 design parameters. The main objective of the project was to evaluate the potential for construction of Heap. No. 2 on a waste dump built in a valley in the north side of the pit.Considering the space limitation for dump location this was a viable alternative to reduce the costs associated with heap no. 2 construction. Moreover, it allowed for a significant reduction in overall mining costs. Considering the project condition, a 3D analysis of heap major structures including; valley rock foundation, waste dump, and low grade ore was carried out. Five sets of analyses were conducted and the displacement and stress fields were calculated within the heap no. 2 components. In all analyses conducted the subsident profile was determined for the valley base rock and heap foundation (waste dump). Moreover, the shear interaction between heap and waste dump was evaluated at the heap interface. The analyses results showed that the maximum settlement at the heap base is about 4-5 cm and the waste dump provides a safe and reliable base for heap construction. Moreover, the analysis results showed that the selected %5 grade for the heap interface is good and does not pose any risk in terms of heap Interface shear displacements. A sensitivity analysis of heap mechanical parameters was also conducted. The obtained results show that if the friction angle of heap material is reduced below 25 degree due to acid spraying process, the heap walls become unstable and the heap geometry must be redesigned."

Jan 1, 2015

By Herbert D. Drechsler, James B. Stephenson

"AbstractThe paper identifies the major components of price change which affect the determination of the internal rate of return of a mining project. It illustrates several price indexes which may be used to measure general price increases, identifying techniques which might incorporate them into mine valuation procedures. The ""hurdle rate"" for new investment is discussed.IntroductionDECISIONS regarding the value of an orebody and whether or when to mine an orebody are based on an estimate of the cash flows which would be associated with its exploitation. These pro-forma cash flows represent cash in or out of a possible mineable deposit and include exploration and construction costs, sales revenues, operating expenses, taxes, debt borrowings, interest and debt repayment. It has long been recognized that when combining the cash flows occurring over the life of the mine, dollars received or paid out early have greater value than those received or paid out later. This time value of money has been incorporated into mine evaluation calculations through the use of present-value or discounting techniques. Another factor affecting mine valuation, inflation, is not accounted for by valuation techniques now in use. In recent years, price changes have become more volatile. In the past, price change could easily be ignored when evaluating potential mines. Today, the combination of larger investments and greater price volatility leads to great concern about the effects of price change on mine valuation."

Jan 1, 1977

By Mario Gerards, Axel Wellendorf, Arulnesan Rajesh

"In times of increasing energy cost and global demand for improved machine technology, the optimization of industrial mineral processes in terms of efficiency and production cost is an important factor when choosing industrial equipment suppliers. Of course this applies for screening machines, feeders and distributers as well!Besides of the ability of a screening machine for being adjustable to changing requirements during the production process itself, it becomes more and more important to choose the correct screening machine type, peripheral equipment for arising screening tasks and to optimize the overall design of the screening machine starting at a very early stage.The different types of screening machines bring many advantages and disadvantages with them. The selection of the correct type of screening machine can improve the flow rate, energy, efficiency, yield, quality, output, availability and decrease the maintenance costs and structural steel work.The machine optimization has to be a consecutive process in which at any time results of simulation and “real-life measurement” are compared and the findings are implemented in machine development and design. As an example, it is possible to reduce machine weight and reinforce the steel structure of a screening machine at the same time, which enables the manufacturer to use smaller drives for the screen.This paper will present the methods ANSYS and 3D Solid Works used at RHEWUM GmbH for this way of optimizing machine design and construction and examples for results gained from this continuous improvement process."

Jan 1, 2016