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By T. Banerjee, R. deS. Almeida, D. Gudgeon, F. C. F. Batista, L. deÁ. Silva

"Yamana Chapada’s mine is one of the larger copper-gold mines in Brazil. The mine is located in Goiás state, in the central part of Brazil. The mine has estimated Mineral Reserves of 4.1 million ounces of gold and 3.2 billion pounds of copper as of December 31, 2016. While gold and silver are significant, Chapada’s process flowsheet is configured closer to that of copper facilities. This includes a SAG/Ball configuration for grinding followed by flotation. In the case of Chapada, the mineralogy results in higher-than-normal complexity, notably a significant circulating load both in the grinding and flotation circuits. From an operating perspective, the complexities are controllable, but require careful attention to ensure that circulating loads are effectively managed and gold is not lost to tailings. Chapada created an automation roadmap in 2016 designed to increase plant performance (tonnage, recovery and efficiency). Based on strong potential, the project was fast tracked and within 4 months instruments were installed, control algorithms implemented, and training sessions took place to ensure sustainability at site. This paper will follow the Chapada journey from identifying the opportunities through to implementation and testing.IntroductionYamana Chapada mine is a Copper-Gold mine located in Goiás State, Brazil. Although the mine contains large quantities in Mineral Reserve of gold (4.1 million contained oz as of December 31, 2016), Chapada is primarily a copper mine with copper principally found as chalcopyrite. Accordingly, the processing flowsheet at Chapada is comparable to that of other copper mines with a SAG and Ball mill each partnered with a cyclopack, followed by a flotation circuit. While the overall design is conventional, the mineralogy at Chapada results in significant circulating loads both in the grinding and flotation circuits. This does introduce certain complexities for operating strategies and practices, but, importantly, favourable recoveries and elevated processing rates can be maintained, albeit they need to be closely managed. Plant automation helps in this regard."

Jan 1, 2018

By T G. Callcott

Australian coking coals are either class 434<tlj534<2l, at Port Kembla, or 634<3> at Newcastle. The former yield good blast-furnace cokes; the latter yield poor ones. However, increases in conventional strength indices, by methods applicable with normal coking ovens, seem unlikely to be economically attractive. Characterization of the coals has enabled an "economic" blend to be developed in the Newcastle area, and this has affected mining, preparation and handling operations. Coking studies have led to a specification for the making of strong coke, especially from the high-volatile Newcastle coals. Continuous coking studies, developed from the efforts to make very strong coke, have taken two directions. Firstly, coking thin layers of coal on strands; secondly, coking, in various types of vessels, compacts of coals with or with-out the inclusion of non-coking coals, iron ores or other inert materials. Gas, "sand" and hot metal coking have been tested for use in compact coking. Particular attention has been paid to pellets of coal and ore. The probable industrial problems in adopting any of the ideas are presently being examined.

Jan 1, 1963

By T. Patching

"THE FOLLOWING notes on coal mining in the Edmonton city area are based, in the main, on scattered reports and accounts as little coal mining has been done in this area for about 20 years and few people are left who were involved in what was at one time an important industry of northern Alberta. Although coal mining is not likely to be permitted in the city area itself in the future, a record of this work is warranted to indicate the ·conditions and problems that may be encountered if underground mining again is proposed in the district in the same geological formations and in similar strata. Coal mining in the Edmonton area developed with the influx of settlers in the latter part of the nineteenth century and the first part of the present century. Probably local coal was used by the Fort's blacksmith as early as 1841, and the early settlers probably were 'gopherholing' into the outcrops along the river banks by the 1870s. The first report of commercial coal mining was in 1880 when a contract was let by the Hudson's Bay Company for the provision of 300 tons. As the population in the city and northern parts of the province grew, many new mines were opened along the river and in the district, and coal was even shipped by barge to points in Saskatchewan(1 ,2) By 1909 the Department of Public Works reported that 'Edmonton stands as the second largest domestic coal producing centre in the province'. It continued to hold this position until 1942. From about 1912 to 1951 annual production from mines in the city and surrounding district ranged between 0.38 and 0.65 million tons, depending on weather, wars and strikes. Production began to decline in 1951 because of the increasing availability and consumption of natural gas which was piped into the city and then provided to other towns and rural areas in the northern part of the province. Taylor noted that between 1880 and March 1970, when the last mine within the city area closed, the total of mines and prospects within the Edmonton city area rose to 153. Most of them were small; not more than 20 produced more than a quarter of a million tonnes during their entire life, and only three produced a million tonnes or more. As described by Taylor ""within the city district workings extend discontinuously from the apex of a narrow triangle near Groat Bridge to the base of the triangle in the Clover Bar area"". The larger mines were in this latter area. Approximate locations of the old mine workings in the city are shown in Taylor's atlas. A number of other coal mines were worked in the Rabbit Hill, Big Island, St. Albert, Namao, Cardiff and Morinville districts around the city."

Jan 1, 1985

By M. J. Slater

Ion exchange using resins is one of the few processes capable of reducing ionic contaminants in effluents to very low levels. Continuous fluidized-bed ion exchange is an advantageous technique for processing dirty effluents and thin slurries. It also reduces resin inventory and equipment cost compared to fixed packed beds. A simple continuous fluidized-bed unit has been investigated for treating effluents and its performance is described. Breakthrough curves were first obtained from static fluidized fixed beds; these data were then used to determine the required operating conditions for a periodic-flow, countercurrent fluidized-bed ion exchange system. A waste stream, containing about 56 ppm copper, was treated in the continuous system using an extraction fluidized bed depth of 203 cm and a flow rate of 1.22 cm3/ cm2s (900 gph / sq.ft) to yield an effluent containing less than 0.02 ppm copper. A generalized design method is proposed for similar chemical systems.

Jan 1, 1978

By Lawrence Devon Smith

"Within the mining industry the term “due diligence” is used to describe a detailed data review, generally in connection with the purchase or sale of a mineral property, the approval of a large capital expenditure, or the borrowing of a large sum of money.The term originates in the requirement of the board of directors of a corporation to “act honestly and in good faith and exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances” (OBCA, 1994). Furthermore, the law assumes that a corporation (or its board) will have exercised due diligence in the acquisition of an asset and, therefore, knowingly (in the absence of fraud or deceit) will have taken on the liabilities and obligations associated with the asset (Nelson, 1994). This is the familiar “Buyer Beware”.Directors are liable for their decisions except “if the director relies in good faith up on financial statements of the corporation represented by an officer of the corporation or in a written report of the auditor, or a report of a lawyer, accountant, engineer, appraiser, or other person whose profession lends credibility to a statement made by any such person.”(OBCA, 1994).Hence the importance of reports prepared by professionals. They provide confirmation that the directors have exercised due diligence in the performance of their duties. For this reason these reports are referred to as due diligence studies."

Jan 1, 1996

By G. W. Evatt

This paper presents the scientific framework underpinning the Resource Valuation and Optimisation Model (RVOM). The RVOM is a Real Options software package, which helps mine owners optimally plan their operations, understand their project risks, and make defensible valuations. This is achieved in the presence of both financial and physical uncertainty. The three key outputs from the RVOM are: Valuation, Optimal Decision and Probability of Decision, where a decision can include any combination of: normal operation, expanded operation, care and maintenance, and abandonment (and variants thereof). This paper presents a clear example of the RVOMs usage to a case-study gold mine.

Jan 1, 2011

By G. C. Bateman

THE cause of silicosis and its prevention have held the attention of medical men and mine operators for many years and at the present rime the study of this disease is more than ever to the fore, even though a considerable abatement in the incidence of silicosis has been noted of late. This abatement is due to individual and collective efforts. The Industry is keenly alive to the situation and much research is being carried on. Silica dust is assumed to be a contributing factor in the cause of silicosis. How it acts progressively in the early silicoric is nor fully understood. As the study advances, more effective measures of control may be evolved. At present the Industry has three known methods of reducing the incidence: 1. By thorough X-ray examination of all applicants, with special reference to chest conditions. Those who are considered to be susceptible to the disease are prevented from entering the industry. 2. Thorough ventilation of the mine. 3. Control of tuberculosis in mining centres and removal of miners when first symptoms of tuberculosis become apparent. In 1934, the Ontario Mining Association formed a Committee, known as the Technical Silicosis Research Committee, to study and supervise work on problems related to silicosis. This Committee obtained the full-rime services of a mining engineer to carry our research work at the mines in the Province of Ontario. The Ontario Mining Association has also provided funds for the purpose of carrying on research work along pathological and biological lines. This work is being done in the Department of Medical Research of the University of Toronto, in the Banting Institute, under the supervision of Sir Frederick Banting. The Silicosis Committee work in full cooperation with the doctors in the Banting Institute and provide material from the mines for the it use.

Jan 1, 1936

By C. Barnett

"The mill at Noranda Mines Limited, Geco Division in Manitouwadge, Ontario went into production in 1957 treating 3,500 tons per day of copper, zinc, silver, lead ore. It was not until 1964, however, that the zinc concentrate drying plant was constructed. In 1970, milling capacity was increased from 4,000 to 5,000 tons per day. The zinc content of the ore is quite variable so that the tonnage of zinc concentrate dried varies from 200 to 650 tons per day.The drying plant was designed to dry 25 tons of zinc concentrate, dry basis, per hour from an initial moisture of 8.5% to a final moisture of 2%. Major components were selected so that capacity could be increased to 35 tons per hour with minor modifications.The rotary dryer is a Hardinge type ""XH-12"" with a diameter of 80"" and a length of 50 feet. The all welded construction shell is 1/2 inch thick mild steel plate with 3/4"" thick reinforcing bands under the tires arranged for operation at a slope of 1/2 inch to the foot. The 3/8"" x 12"" radial flights are welded to the shell. There are no flights in the last ten feet of the shell in order to reduce dusting. This unit is driven by a 50 HP motor through a Hamilton type CD250 double reduction helical gear speed reducer. The shell speed is 5.8 RPM.The standard Peabody horizontal air heater has a rated capacity of 10,000,000 B.T.U. 's/Hr. The combustion chamber is lined with high temperature refractory brick and is air cooled. The conical outlet section of the air heater is lined with insulating fire-brick. The burner is a type AT wide range mechanical atomizer fired by a type ""CR"" gas-electric ignitor.The Bunker ""C"" fuel is supplied by a Compower duplex pumping, heating and straining unit, including tank hotwell, Powertronic oil line heating system with a 550/24 volt transformer."

Jan 1, 1972

By J. X. Guo, A. Pindred, J. Moore

"Two modified centrifugal flotation cells (CFC), Q2 and Q3 models, have been developed for froth flotation. The operating mechanism of Q2 uses a rotating bowl to create a centrifugal force on the feeding slurry. Froth concentrate is collected on the central top of the cell and tailing is discharged along the top edge of the rotating bowl. The Q3 utilizes a vertical rotating feed pipe to introduce the feed slurry into a stationary flotation column cell. A centrifugal force is also created by a rotating pipe for the feeding slurry. Froth concentrate floats over the cell and tailing discharges through the bottom of the cell. The centrifugal force causes the flotation recovery of fine particles from CFC to be higher than from the conventional cell. The major operating variables of CFC are the rotating speed, air flow rate into feed slurry, and slurry feeding rate etc. Flotation tests have been carried out on synthetic mixtures of galena-silica and chalcopyrite-silica, as well as some natural base metal ore samples. Parallel tests were also conducted on a conventional flotation cell. The comparative test results demonstrated that both Q2 and Q3 have the advantage of higher recovery of finer than 10 µm mineral particles, which are very difficult for the conventional non-centrifugal flotation cell to recover. The grade-recovery curves produced from CFC are equivalent to or better than the conventional flotation cell. There is a potential in the future for the CFC to be employed in slime flotation.1. IntroductionA centrifugal flotation cell (CFC) was originally developed by Clean Earth Technologies [I] to separate oil from water and was subsequently applied in froth flotation. Figure 1 illustrates the design of the original CFC, in which a vertical feeding pipe is attached to the center part of a rotating drum and a stationary shell encloses it to direct the float froth and tailing discharge. The slurry flows down to the bottom of the spinning drum, gets in touch with a screen of air bubbles and then migrates outwards under the effect of centrifugal force. After the mineralized froth enters the rotating cell, it is pushed back to the inner surface. The overflowing froth is collected in the froth launder while the tailing slurry is discharged through orifices along the outer rim of the drum."

Jan 1, 1998

By John Convey

This short paper deals with the subject of research and its relation to productivity. All who have stopped to even think about industrial re-search and its impact on the nation-al economy take for granted that research and development are pre-requisite to increased productivity. It is another matter, however, to identify and properly evaluate the many factors entering into the relationship between the two. Some studies are currently underway in the United States on the subject, but, so far, nothing much in the way of conclusive data has come to light. In Canada, we have not yet even produced any statistical figures on national productivity, although work is now being done on this subject and information will soon be available. The usefulness of being able to measure the benefits of investment in re-search and development in terms of industrial growth or productivity need not be laboured for the benefit of those interested in research management.

Jan 1, 1964

By K. Thuro, L. Wilfing, H. Kasling

"In mechanized tunneling, performance prediction is a crucial issue for estimating excavation costs and construction time of a tunnel project. The aim of this work is to compare the calculated parameters by penetration prediction models with the results of penetration tests during excavation by a Tunnel Boring Machine (TBM) at actual tunnel projects. This comparison helps to improve the existing prediction models (Gehring, 1995 and Rostami (Colorado School of Mines), 1997.) and to develop a new, so-called “Alpine Model” (research group ABROCK; Schneider et al., 2012).On-site penetration tests are a common tool to determine performance of a TBM in certain geological environments. During a test, the TBM is operated under defined conditions that allow comparing the results of different projects and machine types. There are two different types of penetration tests in use. The more common type, described by Bruland (1998a), is based on test drives at different thrust levels. The tests in this study are performed as start-stop-tests, meaning that the TBM starts from zero to the maximum possible thrust and reverse with slowly increasing respectively decreasing steps (Frenzel et al., 2012). To gain information about the interaction between TBM and rock mass, a detailed geological documentation including an analysis of the discontinuity pattern and laboratory testing for rock strength characterization are mandatory.Within the last year 16 penetration tests have been performed. The results are thrust- penetration curves (Figure 2) showing that up to a certain penetration rate only crushing occurs (subcritical penetration). From there the desired rock fragmentation process called chipping takes place (Frenzel et al., 2012). These two different fragmentation processes can be described best by a bilinear function as seen in Figure 3. Both, CSM- and Gehring-model, do not fit to the trend of the penetration rates determined during the excavation process as they are using potential or simple linear functions.Another parameter that has to be implemented into the new prediction model is the influence of discontinuities. In case of favorable orientation and spacing, discontinuities reduce the required thrust at same penetration rates. In contrast, unfavorable discontinuity systems can cause blocky faces and hence worse performance than predicted. Besides discontinuities, the toughness of rocks has to be taken into account when predicting the penetration as tough rocks need more energy to obtain complete failure than brittle rocks.Key advantage of these tests in comparison to existing are more data points in less time. By improving respectively extending the existing penetration prediction models with the stated parameters, the penetration prediction for TBMs can be more accurate and also wear calculation can benefit from this approach."

Jan 1, 2015

In several European countries, including Russia, it has become economically attractive to utilize peat as a fuel for power generation, the production of metallurgical coke, the production of fuel briquettes for the domestic market and low-Btu gas. Although the economic base and availability of energy supplies in Europe is much different than it is in Canada, regional economics here may warrant the development of peat as an alternative source of energy. Canadian peatlands cover several thousands of square miles and have historically been considered as waste land. Now, with the increasing costs of other energy sources, it is apparent that fuel peat should be re-evaluated as a potential energy resource. A nation-wide inventory of peat deposits has been prepared and reserves evaluated for some of these areas where field surveys have been carried out. The paper describes alternative mining methods developed to meet some of the various conditions encountered on virgin peatland . These mining techniques are generally based on current peat technology exercised in other parts of the world and would be applicable in some of the peat regions of Canada. Cost estimates have been prepared for peat production in regions of Canada, and the socio-economic aspects of a large-scale fuel peat operation are discussed. Several potential utilization schemes have been described, with particular emphasis on electric power generation. The paper makes recommendations for steps to be taken in the development of a fuel peat industry in Canada.

Jan 1, 1978

By R. D. Brown

"AbstractIn order to raise the enormous amounts of capital which will be essential for the development of Canada's mineral and petroleum resources, this country's resource industry must be permitted to earn an acceptable rate of return. The existing tax regime, with its high rates, complexities and misdirected incentives, presents a serious obstacle to our resource industries in their development of Canada's immense , but increasingly lean, resources. Government tax and other policies are not the only cause of the crisis now facing the resource sector in Canada, but a reformed tax system, with stable and reasonable tax burdens, is required if Canada's resources of minerals, oil and natural gas are to continue to contribute in the future, as in the past, to our national well-being.An independent task force, organized under the auspices of the Canada West Foundation, has recently completed a wide -ranging report: on the future development of Canada's mineral, oil and gas resources. This five-volume report, completed after almost two years of research and study, concludes that Canada •is facing a major crisis •in the development of our resources, It states that unless corrective action is taken now, mineral production and exports could decline drastically after 1985, at the same time that Canada would face massive bills for imported oil because of inadequate and declining production.The task force, chaired by the author of this article, has put forward recommendations for a fundamental shift in both federal and provincial policies in order that Canada's mineral reserves can be developed in the national interest. This article consists of excerpts from the summary of the task force's report."

Jan 1, 1977

By Seshadri Seetharaman, Nurni N. Viswanathan, Haijuan Wang

The present work aims at some process modifications in specified metallurgical processes, wherein CO2 can be used successfully as an oxidant for decarburization in steelmaking and applied in some non-ferrous metals production processes. During the decarburization of Cr-containing high alloyed steels, the present researchers investigated the possible use of CO2 instead of Ar-O2 mixture and could successfully decarburize the steel melt without significant loss of alloyed Cr to the slag phase. A mathematical model was developed based on the bubble formation accompanying the chemical reaction: C(molten steel)+ CO2(gas)= 2 CO(gas). The model predictions were tested by laboratory scale (1 kg) experiments carried out in an induction furnace and very good agreement between the model predictions and experimental results were observed. A national project has been sanctioned in China for the implementation of CO2 in decarburization of ferroalloys as well enable the addition of pig iron in the electric arc furnace process when the scrap supply is limited. New processes have been developed for the utilization of CO2 in the case of non-ferrous processes. A novel method of treatment of Al dross by leaching with water and capturing the evolved NH3(formed by the hydrolysis of AlN) has shown very promising results.

Jan 1, 2015

By G. J. Arseneau

Mineral resource statements are reported as tonnage and grades. While great care is placed on generating a reliable estimation of grade, the determination of bulk density for resource estimation is often overlooked. Often mineral resource statements are prepared using a simple average value of bulk density. While a simple average estimate of bulk density can be appropriate for some deposit types, an over simplistic estimation of bulk density can result in serious errors in tonnage estimates and consequently to an over or under estimation of metal content. The construction of a reliable bulk density model requires an adequate bulk density database in order to develop a good understanding of the variability of bulk density with grade and geology. A reliable bulk density database is also essential in determining the appropriate modeling technique to minimize the errors in mineral resource statements caused by incorrect bulk density determinations. This paper summarizes bulk density measuring techniques and draws on examples from various deposit types examining the basic principles of bulk density modeling and domain construction for each deposit type. Examples are presented of simple bulk density domains and more complex grade variable bulk density domains with a discussion of best approaches for minimizing errors in density estimation.

Aug 1, 2013

By Frank Otten, Jochen Greinacher

"In July 2017, Deilmann-Haniel signed a contract with IOO Slavkaliy to sink two 750 metre (m) deep freeze shafts for the Nezhinsky Potash mine in Belarus. This is the second shaft project where this technology is employed after two over 1,000 m deep shafts for a potash project in Saskatchewan, Canada, have been sunk by the application of the Herrenknecht Shaft Boring Roadheader (SBR) technology. Developed to sink shafts for green field projects in soft to medium hard rock, in frozen or unfrozen geology, the machine technology utilizes a roadheader-type cutterhead on a telescopic boom to mechanically excavate the rock, and a pneumatic mucking system to convey the muck from the face into the buckets. This leads to a manless face during the sinking cycle and thus a significant improvement in terms of workplace safety. For the Nezhinsky project, the SBR design was significantly modified in close cooperation between Deilmann-Haniel and Herrenknecht, based on the available experience and the special requirements of the project. Such modifications have been for example the adaptation of the Pneumatic Mucking System to cope with wet material as well as dry as originally planned or the shaft lining moving from shotcrete application to jump for and tubbing installation for which a step-change hands-off tubbing erector for the placement of segments was designed. Further modifications to optimize the machine technology for the requirements during shaft sinking were applied on the two machines for the Slavkaliy project as well as several revisions to match the special project requirements. The SBR is suitable for soft and medium hard rock up to 100 MPa UCS. The main design limits are maximum weight of the machine with 400 tonnes and length or height of 50 m due to the depth of the pre-sink. The Pneumatic Mucking System was changed in all components, sheaves and rope arrangement were redesigned and the concept of the hoist system was also re-engineered. The SBR in Belarus is configured for a daily sinking rate of three metres and all systems behind the cutting boom are not the bottle neck of the whole system. The works on site started in November 2017 including freeze hole drilling, construction works, site setup, installation of hoists winches, permanent headgears and other components required for sinking. The SBRs arrived on site in June/July 2018 and were preassembled on surface and then lowered into the 50 m pre-sink. SBR #1 started full face sinking in mid-December 2018, and SBR #2 in late January 2019. By the end of February 2019, the machines were at 150 m and 100 m depth respectively, and achieved up to 3.6 m/day concrete lined shaft. The SBR and the sinking system, the experiences, problems, technical solutions and performances of this challenging project will be presented in this paper."

Jan 1, 2019

By D. E. Deegan, P. M. Keeley, N. A. Rowson, T. Stachowski

An investigation into the use of Tetronics International’s thermal plasma technology based pyrometallurgical smelting process for the recovery of both platinum and rhenium was conducted. 1000 kg of Pt-Re catalysts containing 0.36 wt% Pt and 0.21 wt% Re was blended with fluxing agents, reducing agents and an iron based collector metal precursor and then fed into a plasma furnace over five individual trials at Tetronics International’s facility in Swindon, UK. Both platinum and rhenium partitioned to an iron rich collector metal phase in the furnace, which formed in-situ and accumulated beneath a less dense slag phase, derived from the inorganic substrate of the catalyst, and was easily separable. The levels of Pt and Re concentration achieved in the iron collector made it suitable for subsequent final refining. Technical recovery efficiencies of =98% for both platinum and rhenium were achieved and the concentrations of the metals in the recovered metal bullion were 2.23 wt% Pt and 1.35 wt% Re.

Jan 1, 2015

By J. E. Hawley

This paper constitutes a report from the Committee on Geological Research to the Geology Division of the Institute. Two years have elapsed since a formal report was made containing several resolutions aimed at assisting geological research, a review of research equipment available, a summary of research projects suggested for consideration, and a list of research then in progress (see July, 1947, Bulletin, pp. 351-370). At this time we may note what action has been taken on the various resotions and suggestions of the Committee, indicate the more important accomplishments of independent investigators, and present a summary of the rather imposing volume and variety of research currently being carried on throughout the country. I.-Committee Resolutions and Suggestions 1.-A National Advisory Committee on Research in the Geological Sciences The original resolution adopted on the setting up of this Committee was approved with despatch by Council and was forwarded to the Minister of Mines and Resources. Due to a reorganization in the Department and possibly other reasons, no action on this important matter has yet been taken, but we are assured that some time this year such a Committee will be established by the Department of Mines and Resources. Unquestionably, it will give a fresh impetus to research in the geological sciences. When the noteworthy progress made by the research committees on Geophysics and on Soil and Snow Mechanics, established by the National Research Council, is considered, it is indeed regrettable that the Department of Mines and Resources has not acted more decisively in this matter.

Jan 1, 1949

By G. F. Round

In order to obtain values of angle of shearing resistance and initial resistance for McMurray oil sand for use in general design calculations, the shear strength of this oil sand was measured in a controlled strain type tester, modified so that the rate of deformation could be varied between 0.01725 and 0.1869 inches per minute. Effect of temperature was investigated by adapting the equipment to operate at both 71 ° and 185 °F. The data are reported in terms of angle of shearing resistance and initial resistance for varying rates of deformation, composition and temperature. While the main sets of results reported here were obtained at a bulk density range of 108.7- 109.5 lb. / cu. ft., some results were obtained at a bulk density range of 101-102 lb. / cu. ft. Analysis of varance tables have been drawn up from the results obtained from least squares correlations and significance tests applied. It was concluded that oil content and temperature were significant variables for the degree of shear strength developed by the oil sand; increase of oil content and decrease of temperature each cause an increase in shear strength. The bulk density range 108.7 to 109.5 lb./cu. ft. gave angles of shearing resistance from 30° to 40° and initial resistance values of 0.37 p.s.i. to 0.85 p.s.i. For the bulk density range 101 to 102 lb. / cu. ft., lower values of shear strength were obtained, indicating that compaction density was also of importance

Jan 1, 1960

By E. J. Sides

In this paper, the argument is put forth that the codes used for public reporting of mineral resources and mineral reserves have some significant limitations with regard to the information provided to investors on the short- to medium-term value of mining properties. Such limitations include a) failure to explicitly incorporate a time element and b) failure to state explicitly the quantity and quality of mineral product that will be produced for sale. A time-value framework for reporting mineral assets is proposed in order to overcome these limitations. The proposed system is based on two classification axes: a) an X-axis representing time in years during which the value of the asset is likely to be realized and b) a Y-axis representing the value identified by a mining or exploration company\u2019s activities. The potential benefits of this system are discussed, including the ability to incorporate factors, such as permitting and construction times, directly into the magnitude of the reported mineral assets. The proposed framework would assist in the standardization of mineral assets reporting in such a manner that they could eventually be more readily included in financial statements. Year of Publication: Not explicitly mentioned in the document.

Jan 1, 2010