Search Documents

By Craig Roberts

"While various methods are available to estimate a mining project's value, value is only established through a transaction. Comparable methods allow the value estimated for a mining project to be benchmarked against mining project values established in the market. Comparable methods thus are a key tool for ensuring value estimates are congruent with what the market would actually pay. For example, if the value estimated for a mining project using discounted cash flow analysis differs significantly from the value implied using comparable market methods, the valuator may be using metal price or discount rate assumptions that differ significantly from those the market is currently willing to pay for.The paper provides an overview of market comparable valuation approaches, and discusses some of the difficulties and limitations that arise in using these approaches. The types of market values that are typically utilised are discussed, including asset sale prices, share prices (market capitalisations), and values established in corporate mergers and acquisitions. Topics discussed include methods used in estimating a mining project's value based on the market value of the company that holds the asset, and limitations that arise because of unique features of mining projects and of companies that hold them.It is concluded that market comparable and fundamental (e.g. NPV) approaches to project valuation should not be viewed as alternative approaches to estimating project value, but rather can and should be integrated to derive a single value estimate based on both market andfandamental data. A method for integrating these approaches is discussed, and illustrated by example."

Jan 1, 2003

By G. A. Mallory

"The South Bay Division of Selco Mining is located fifty-four miles northeast of Ear Falls Ontario on Confederation Lake. The concentrator operates five days a week and processes six hundred tons per day of copper zinc silver sulphide ore. The concentrator is comprised of crushing, grinding, differential flotation, thickening and drying circuits. The major constituents of the concentrator feed are: chalcopyrite 7%, sphalerite 20%, pyrrhotite 3%, pyrite 25 - 30% and felsitic volcanics 40 - 50%. The mine went into production in March 1971 with an anticipated three year life and is now scheduled for closure in the summer of 1981. Recent mine production has been limited to three cut and fill stopes which have widely varying ore grades, therefore mill feeds vary from 0.25 to 4% copper, 3.5 to 27% zinc, 0 to 0.4% lead and 15 to 30% iron.In mid 1977 Selco negotiated a six month rental purchase agreement with Outokumpu Instruments Canada Limited for a five stream analyser system. The Minexan 202 probes were the first Outokumpu probe type analysers installed in Canada although Outokumpus' Courier systems are well known. Installation of the system took place in April 1978 and after numerous hardware faults the six month evaluation began in August. By December it was obvious that the Minexan 202 probes with proportional detectors did not have adequate resolution to determine low copper values in either of the tailings streams. Outokumpu offered to replace the tailings analysers with a new prototype solid state detector probe the following summer. The evaluation on the five Minexan 202 probes continued until August 1979 when the new solid probe was installed. The Minexan S (solid state) probe was evaluated with the three remaining Minexan 202 probes until December 1979 when Selco elected to purchase the system."

Jan 1, 1981

By James F. Archibald

A research effort has been undertaken, under WSIB sponsorship, to characterize the support capabilities of conventional and innovative spray-on lining materials for mitigating dynamic failure effects created by simulated rockbursts. Conventional spray support media, such as shotcrete and fibrecrete linings, and a variety of new spray-on lining materials (TSL?s), typically polymer-type thin coatings, were subjected to simulated rockburst influence. For baseline comparison, conventional rockbolt and boltand- mesh support products were also evaluated. Observation of lining performance was undertaken through completion of field scale support and rock detonation trials. Controlled blasting tests were conducted at the Queen?s University Explosives Laboratory to examine the effectiveness of the variety of surface coating agents for modifying dynamic rock spalling processes. All tests were performed upon largely undisturbed and homogeneous rock materials in highly repeatable fashion. Both conventional and innovative TSL-type surface lining materials were subjected to ?rockburst? exposure in rigorously-controlled blast trials. All blasts were observed seismically and photographically to provide detailed information concerning rock motion, surface fracturing, ejected fragment motion and support liner survivability characteristics. These material comparison trials were performed to assess the relative effectiveness of a wide range of currently-available area support techniques for suppressing hazards associated with dynamic rock ejection. The results of this study validates that thin, sprayon linings may be equally as effective, and often better, than conventional support materials at mitigating rockburst or like damage in highly stressed mine environments.

May 1, 2003

By G. A. Highcock

"Operations started at BCL in December 1973J and the smelter is currently in the seventh year of its fifth campaign. The next major shutdown is scheduled for 1995. During the current campaign, a number of major on-line refurbishments have been carried out without any significant disruption to production. These include the complete rebuild of both drying plant electrostatic precipitators, the installation of a new electrostatic precipitator at the flash furnace, the conversion to a distributed control system throughout the smelter, and the installation of a converter air blowing control system.IntroductionBCL Limited operates a nickel-copper mine in northeastern Botswana approximately 100 km southwest of Francistown. Surface operations for the production of high-grade nickel-copper matte at a design capacity of 42 000 metric tonnes per annum, were commissioned in December 1973. Detailed descriptions of the mine and surface facilities have been presented previously(1-3).Over the years, a number of major engineering modifications and metallurgical projects have been carried out to overcome operating difficulties. improve metal recoveries, increase production rates and provide a better working environment.One of the major results of these projects was an increase in the 19805 in flash furnace feed capacity from 70 t/h to 120 t/h of new concentrate with a nominal feed rate of 105 t/h being achieved.(4)Because of the ore characteristics, i.e. a high mass fraction of ore reporting to concentrate, BCL operates one of the highest capacity spray drying plants and flash smelting furnaces in the world(5).A schematic of the BCL smelter is shown in Figure 1. The smelter is now in the seventh year of its fifth campaign, with the next shutdown scheduled for mid-l99S. In this campaign, the following major projects were completed:"

Jan 1, 1995

By Gaby Steinbach

A novel synthesis is described for the preparation of supported gold catalysts for low-temperature CO oxidation. The novel route is a variation of the inverse co-precipitation method and requires amphoteric metal hydroxides, with zinc and aluminium hydroxides chosen. Catalysts were prepared by inverse co-precipitation (ICPa) and by the novel route (ICPb) and tested for CO oxidation at 60ºC. Preliminary results showed the novel route to be superior to ICPa; the catalysts prepared by ICPb showed higher catalytic activities. The effect on catalytic activity of parameters such as pH, calcination temperature, washing of precursor and calcined catalysts and ageing was investigated. A preparation pH of 9 and a Zn to Al mass ratio of 3 proved to be optimal. It was possible to remove residual chloride by washing thereby enhancing catalyst performance. Ageing and Mg citrate addition were also shown to improve catalyst performance. Characterization of the catalysts revealed that better activities were obtained when the support was more crystalline and had a higher surface area. The presence of carbonate-containing species in the support decreased catalytic activity. 197Au Mössbauer Spectroscopy revealed the presence of Au3+ when catalysts were heat-treated at temperatures of 200ºC and below. Catalysts calcined at 400º had 75% of the gold present as Au0, with the remaining gold present as Au3+.

Oct 1, 2003

By Laxman M. Amaratunga, Nuri Hrnidi

"Reactive pyrrhotite tailings were agglomerated using the Cold Bond Tailings Agglomeration (CBTA) process with low cost binders; Portland Cement and fly ash. Various chemical additives, were used to retard acid mine drainage (AMD), including acid neutralizers, surfactants, sealants, and bactericides, which were encapsulated into the agglomerates. The choice of these additives was based on their low cost, low toxicity, and environmental friendliness. The main objective of the study was to examine the long term stability of these reactive tailings agglomerates towards AMD when used as aggregates for disposal in underground paste backfill.A carefully controlled kinetic stability test was carried out using specially designed humidity cells suitable for testing pellets. Using the humidity cell test method a 20-30 year AMD test may be accelerated to 50 weeks. During this period the following parameters were monitored: pH, redox potential, conductivity, sulphate, acidity, and dissolved metals.Results indicated that most of the encapsulated additives were successful in retarding AMD, while the control samples produced significant amounts of acid generation. The water soluble surfactant Enviroseal, and the sodium silicate sealant were very effective as a long term retardant for acid generation reactions in the sulphidic tailings when exposed to oxygen, water and iron-oxidizing bacteria.IntroductionThe sulphidic material discharged from concentrators becomes reactive upon exposure to air and/or water. Pyrrhotite (Fe0 S0_1) and pyrite tailings in particular which are discharged from the beneficiation process in the mining and mineral processing activities consist of finely ground particles. Upon exposure to oxygen and moisture, the tailings become reactive due to the instability of the metal sulphide minerals present which undergo spontaneous oxidation, thereby producing a weak sulphuric acid. Therefore, the long-term behaviour of the tailings can have a significant impact on the environment, due to acid mine drainage (AMD). AMD is created during natural atmospheric weathering when leaching action (natural and bacterial) conditions are present in the process wastes discarded during the mining and milling of sulphur bearing ores, and consequently it plays a major role in surface water chemistry."

Jan 1, 1998

By J. L. Barton, R. A. Murray

"This paper looks at how Syncrude Canada Ltd. is utilizing the Conveyor Belt Monitoring technology developed and patented by the Australian CSIRO and licensed to Syncrude by Conveyor Belt Monitoring of North America, Inc. The technology involves magnetizing the steel cables in the conveyor belts and detecting the fields produced by breaks, gaps or cable ends using special sensors which feed the signals into a multi- channel recorder to provide permanent traces of the various events taking place in the steel cable belts.The data is analyzed and combined with existing belt audit programs, to assist in predicting belt life, change-out criteria and belt design, belt loading and construction. All of these applications of the CBM technology leads to better utilization of resources and forms an integral part of the conveying system reliability program."

Jan 1, 1992

By P. W. Percival, J. J. Janssens

"Whitehorse Copper is a 2600-ton-per-day underground copper mine located within the city limits of Whitehorse, Yukon . In early 1978, due to increasingly difficult ground conditions. it was decided to investigate the conversion from longhole open stoping to vertical crater retreat mining. On-site crater testing by C-I-L demonstrated the feasibility of V.C.R. mining at Whitehorse Copper.After some investigation. a down-the-hole drilling rig was chosen and drilling began in November /978. Blasting began in June /979. and to September 1980 approximately one million tons of ore had been blasted. In-field changes to both drilling and blasting techniques have been implemented. Some of these changes were dictated by problems encountered; others were made to improve efficiencies.To date. V.C.R. mining has proven successful from a drilling and blasting aspect.IntroductionWhitehorse Copper Mines Ltd ., a division of Hudson Bay Mining and Smelting Co., Limited , is a 2600-Lp.d. underground copper mine. The plant site is located I mile west of the Alaska Highway, and approximately 7 miles south of Whitehorse city center. Production is from the Little Chief orebody, and total output is from vertical crater retreat stopes.The Little Chief and Middle Chief orebodies at Whitehorse Copper had original reserves in excess of 6 million tons, most of which graded 2.00/0 copper or higher . The orebodies are typical skarn deposits that have developed along the contact between an intrusive diorite and a limestone-quartzite flank pendant. The limestone has been metasomatized to form a calcium-magnesium skarn which, along the limestone / quartzite contact, has locally further developed into a mineralized magnetite-serpentine skarn. The principal copper minerals are bornite and chalcopyrite, with minor chalcocite and valleriite. Skarn gangue minerals are serpentine, diopside, garnet, epidote, calcite and wollastonite. Appreciable values in gold with some silver are present and recovered as well."

Jan 1, 1981

By Kyle Paulsen

The Cameco Key Lake mill began processing U-bearing waste rock from the McArthur River mine in 2000. This ore often contains elevated levels of calcium (>4% by mass), resulting in less than favourable conditions in parts of the Key Lake mill, yet still contains U3O8 at a concentration of about 0.3%. To recover the U3O8 and reject as much calcium as possible, modifications were made to the grinding circuit in late 2007 to include a gravity concentrator. The concentrator allows this mineralized waste to be processed separate from the regular blend material, rejecting calcium and concentrating U3O8, thus improving the operating conditions in areas such as SX. This will be presented in greater detail along with results and further work.

Aug 1, 2010

By H. Q. Fan

Construction equipment is an important type of resources of heavy construction contractors. Since equipment breakdowns can cause project delays and significant financial losses, the contractors are eager to know those factors causing equipment failures directly or indirectly, related to equipment design, maintenance, and operations. Although Bayesian network can be used for diagnostic analysis of failure events or making predictive analysis, building a Bayesian network for such purpose can be difficult as the cause-effect relations can be subjective and their conditional probabilities change with a wide variety of causal factors. A hybrid approach is proposed in this paper to update the Bayesian diagnostic network structures and parameters using real life data, the conditional probabilities and cause-effect relationships can be dynamically updated with observed failure records to reflect the real life situations of a complex equipment system. A case study is conducted to show the benefits of the hybrid approach in construction equipment diagnostic analysis.

Aug 1, 2013

By Dave Price

"Canada is scheduled to become the 4th highest diamond revenue producing country in the world by year 2004 with the already operating Ekati Mine and the anticipated operation of the Jericho Mine in 2002 and the Diavik Mine in 2003.This paper provides an overview of worldwide diamond production statistics and a brief introduction to a diamond processing plant. The dense medium separation (DMS) extraction process is presented and this process is discussed in more detail with respect to the extraction of diamonds in terms of feed preparation, dense medium, dense medium cyclones, ferrosilicon recovery and dense medium cyclone operating efficiencies.INTRODUCTIONThe Ekati Diamond Mine in the Northwest Territories started commercial production of diamonds in the 4* quarter of 1998. At full production, the mine is anticipated to produce annually some 3 million carats of diamonds. The Jericho Mine in Nunavut Territory and the Diavik Mine in the Northwest Territories are anticipated to come into production in the 1'' quarter of 2002 and 1st half of 2003 respectively. The combined annual diamond production of these three mines will total approximately 10.34 million carats by 2004, making Canada the 4~ highest diamond revenue producing country in the world.A diamond processing plant initially utilizes crushing, scrubbing and screening in the beneficiation process to liberate diamonds from kimberlite ore and size the product for further treatment through DMS. Alluvial diamond operations do not require initial crushing and scrubbing but incorporate a feed preparation and sometimes a recrush facility with the DMS plant. The heavy sink product from the DMS, which contains diamonds, is further upgraded through x-ray separation and high intensity magnetic separation prior to producing the final diamond product.DMS is a relatively simple separating principle. A mixture of particles of different density is immersed in a dense fluid, so that particles having a density lower than that of the fluid will float while those of heavier density will sink. The translation of the float-sink principle from a laboratory method to continuous industrial practice offers the prospect of very precise mineral separations based on density differences alone."

Jan 1, 2000

By C. L. Belyk

There are fifteen accepted types of uranium ore deposits and at least forty subtypes readily identified around the world. Each deposit type has a unique geological model which may also have unique processing implications. Primary uranium production in the past decade has come from a handful of these deposit types: unconformity, sandstone, calcrete, intrusive, breccia complex and volcanic. Processing implications for each of the fifteen deposit types can vary widely between and within different geological models. Some key characteristics of uranium deposits that may have processing implications include: ore grade, uranium and gangue mineralogy ? including clay and carbonate species and content, hardness, porosity, uranium mineral morphology, and carbon content. Processing roadblocks may occur as a result of one or more of these characteristics for any of the fifteen deposit types. Future technological advances and innovative thinking around uranium ore processing could provide avenues for roadblock removal setting the stage for additional and economically-viable uranium production from traditional and non-traditional uranium ore deposits.

Aug 1, 2010

By L. Sun

In this work, strontium doped lanthanum ferrite (LSF) and their composite cathodes were fabricated by screen printing on yttria-stabilized zirconia (YSZ) electrolytes. Their electrochemical properties were evaluated by using electrochemical impedance spectroscopy and steady-state polarization methods. All the cathodes were screened by comparing their total polarization resistances before and after activation processes at different temperatures. The improved LSF composite cathodes were also screen-printed on YSZ/NiO half cells to fabricate solid oxide fuel cells (SOFCs), which have reached the output power densities of 170 mW/cm2 at 650 °C, 230 mW/cm2 at 700 °C, 304 mW/cm2 at 750 °C and 388 mW/cm2 at 800 °C.

Jan 1, 2005

By L. M. Guayacán-Carrillo, G. Armand, A. Noiret, D. Seyedi, S. Ghabezloo, J. Sulem

"The main purpose of this paper is to analyze the convergence measurements in a drift excavated in the Callovo-Oxfordian claystone. The drift axis is in the direction of the major principal horizontal stress whereas the stress state is quasi-isotropic in the drift’s section. The initial geometry of the drift being circular, the anisotropic character of the deformation is taken into account by assuming that the drift shape evolves in an elliptical shape. The convergence measurement data on six different points around the drift are analyzed to identify the main axes of the deformation ellipse, following the methodology proposed by Vu et al. (2013, Rock Mech Rock Eng, 46, 231-246). Then, using the semi-empirical law proposed by Sulem et al. (1987, Int J Rock Mech Min Sci, 24, 145–154), the convergence evolution is fitted independently for each axis of the ellipse. This method permits to distinguish two effects: the face advance effect and the time-dependent behavior of the ground. The results for the two directions of the ellipse axes show very close values for the parameters describing the time-dependent properties of the ground, the distance of influence of the face, and the extension of the decompressed zone around the gallery. Such model can provide valuable insights for predictions of the convergence evolution in the long-term. INTRODUCTIONDeep disposal of radioactive waste has been studied in France for more than two decades. The French National Radioactive Waste Management Agency (Andra) began in 2000 the construction of an Underground Research Laboratory (URL) with the main goal of demonstrating the feasibility of a geological repository in Callovo-Oxfordian claystone. Several research programs have taken place to improve the knowledge of the rock properties and its response to the excavation progress. The optimization of supports design for long-term behavior is an important point to develop. A network of experimental drifts has been constructed with variations on: excavation method, structure geometry, supports system and orientations with respect to in-situ principal stresses’ directions. In each drift different sections have been instrumented to monitor the convergence evolution and the rock deformation. Continuous monitoring of the excavated zone around the drifts revealed the development of a fractured zone (extensional and shear fractures) induced by the excavation. The extent of this fractured zone depends on both the drift orientation and the in-situ stress field (Armand et al., 2014). Indeed, the fractures distribution has an important influence on the convergence of the drifts."

Jan 1, 2015

By H. Fuchs, W. Hilger, E. Prosser

"The Lone Gull discovery of Urangesellschaft Canada Limited was made in 1974 as a result of extensive exploration activities for unconformity related uranium deposits in the Baker Lake area of the Northwest Territories. The structurally controlled mineralization is hosted in Aphebian metasediments and intrusive granitic stocks located approximately 2 km south of the unconformity between the Lower Proterozoic Aphebian and the Middle Proterozoic The/on Formation.The original discovery was made with a helicopter mounted radiometric system during systematic prospection over the unconformity. Diamond drilling was first carried out in 1977 and continued, with an interruption in 1981, to the present. A total of 25,500 metres and 199 holes have been drilled and outlined three ore zones. Preliminary geological reserves are estimated at some 16 million kgs. U30 8 at an average grade of approximately 0.4%.IntroductionUrangesellschaft initially entered exploration in Canada as a participant in joint ventures in 1968, and was incorporated in Canada in 1974 as Urangesellschaft Canada Limited. Subsequently, UG was among the first companies to apply exploration criteria developed from the Athabasca Basin, namely the Middle Proterozoic unconformity over Archean/ Aphebian basement, for selection of exploration targets in the geologically similar Thelon Basin.The Baker Lake area in the Keewatin District of the Northwest Territories was selected from the extensive Thelon Basin because it had the best accessibility (Fig. 1). The hamlet of Baker Lake located close to the geographical centre of Canada, is largely an Inuit settlement with a population of approximately 1,100 inhabitants. The distance from Baker Lake to the Lone Gull property is about 80 km. Baker Lake is connected to the tidewater of Hudson's Bay via Chesterfield inlet and is serviced by scheduled domestic flights several times weekly from Churchill, Manitoba, about 650 km to the south."

Jan 1, 1986

Applications of proven real time, through-conveyor elemental analysis technology and benefits achieved will be discussed using case studies in base metals, iron ore and phosphate operations. PGNAA (Prompt Gamma Neutron Activation Analysis) technology and its background in minerals applications and applications which are expected to further improve its utilization will be reviewed. Short payback through operational benefits such as removal of waste from feed, increased feed grade and overall improved productivity will be demonstrated based on results achieved at several processing operations. PGNAA technology is most applicable to conveyed flows as it is unaffected by belt speed, particle size, segregation/layering, mineralogy or dust. As a transmission method able to penetrate in excess of 500mm of rock it provides extremely representative results continuously measuring through the full conveyed cross section and reporting results typically on one to five minute accumulated increments to the control room. Multi-elemental results and moisture content are used for active process control: diverting conveyed flow increments(bulk sorting), blending ore types in plant feed, and providing advance warning of significant quality changes to the downstream plant operators (e.g. flotation). Elements of interest may include deleterious components as well as target metals. Ore feed quality measurements are also useful in metal accounting, ore reconciliation and real time feedback to mining operations. Further benefits can result when combined with other technologies such as particle sorters, to upgrade diverted increments of subeconomic material to achieve higher feed grades and lower deleterious content to the main process. Measurement of elements (e.g. silica) which correlate with ore hardness or grinding characteristics can be used to moderate feed rate to grinding mills to prevent overload, hence optimizing grinding performance and reducing energy and grinding media consumption. Pebble flows can be analysed and uneconomic increments diverted to prevent recirculating flows consuming mill capacity unnecessarily. This also increases average feed grade.

Jan 1, 2016

By Karim El-Ouassiti, Marc Minville, Stéphane Chabot, Claude Bazin, Valérie Ouellet

"Alumina is the main source of aluminium and it is extracted almost exclusively from bauxite ores found in the Southern hemisphere. Clays are abundant minerals that contain from 15 to 40% w/w of alumina from which it can be extracted by various processes. This paper reviews the processes used for the extraction of alumina from clays and discusses results obtained with a clay sample from the Murdochville area in the Quebec Province. The application of a conventional process to this clay did not yield an acceptable recovery although smelter grade alumina was produced. A modification to the process allows increasing alumina recovery from 85% to more than 92%. The application of the improved flow sheet to other alumina carriers failed to yield comparable recovery, showing that an optimum processing path for the recovery of alumina should be found for individual clay materials.INTRODUCTIONMost of the aluminium smelters are fed with alumina extracted from bauxite found in the Southern hemisphere. Bauxite is processed by the Bayer process that uses a caustic leach of the ore. In the middle of the century, the US Bureau of mines, motivated by the fear of an alumina delivery disruption, conducted several research projects aiming at producing alumina from non bauxitic ores. These projects led to the development of various acid leaching processes (Habashi, 1993). The sulphuric and hydrochloric acid leaching processes were brought to pilot plant evaluation (Bengtson, 1979), while nitric and other leach liquors were tested in the laboratory (Phillips and Wills, 1982; Habashi, 1983). Although clays are abundant and inexpensive minerals, the studied processes remained uncompetitive with the alumina extraction from bauxite (Hudson, 1987 page 42; Peters et al., 1962) for which reserves are estimated to support alumina production for the next 50 years (Oye et al., 1999). On the other hand, the local extraction of alumina from clays could significantly reduce the transportation costs of alumina to smelters and provide an alternative source of alumina supply from the Southern hemisphere countries. Also, the extraction of secondary products for some types of clay (Nasyrov et al., 1999) containing significant amounts of potassium and sodium could provide an additional return that may improve the economics of alumina production from clays."

Jan 1, 2005

By L. Chunpongtong

The mining limit in oil sands is regulated by the ratio of total mining volume (ore, interburden, and overburden) one has to mine per volume of bitumen in place (TV/BIP). This paper presents a mathematical solution for creating the most economical pit outline where the TV/BIP ratio upper limit is 12, by combining mining economic theory and the Lerchs-Grossmann (LG) algorithm.

Jan 1, 2014

By L. Chunpongtong

ABSTRACT The mining limit in oil sands is regulated by the ratio of total mining volume (ore, interburden, and overburden) one has to mine per volume of bitumen in place (TV/BIP). This paper presents a mathematical solution for creating the most economical pit outline where the TV/BIP ratio upper limit is 12, by combining mining economic theory and the Lerchs-Grossmann (LG) algorithm.

Jan 1, 2014

By S. Orr

In situ leaching is a complex, multidisciplinary process, which requires both mastering and integration of the different disciplines involved. Particularly, in-situ leaching is the intersection between geology (geochemistry, mineralogy, structural geology), hydrology (hydrogeology, well hydraulics), metallurgy (hydrometallurgy, electrochemistry, aqueous chemistry), and economics (mineable ore, cost of operations, market). The management of such a complex system requires all relevant knowledge base, integration, and continual optimization. Our presentation starts with a description of the "expert system" ? from data acquisition to information and knowledge, including determination of essential in-situ parameters, analyses, and modeling, which ultimately leads to an integrated, real-time, hierarchical management/control system.

Jan 1, 2007