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By John Smith

"The RTZ Corporation PLCFrom a company's point-of-view, a good investment decision is one which results in the purchase of an asset that is worth more than it costs. Thus, in order to judge the merit of an investment opportunity, it is necessary to estimate the value of the assets to be acquired.Discounted cash flow (DCF) analysis has become widely adopted by companies in assessing potential new investments. The principle is a simple one: invest in projects which have a positive net present value, and reject those which do not. However, perhaps because of its apparent simplicity, DCF analysis is frequently misused. Good practice in the use of the technique is discussed, together with several common misconceptions.Sound analysis requires sound data; thus, the valuation process relies heavily upon a wide range of specialists to provide the basic input from which cash flow forecasts can be built up. The analyst must maintain close liaison with these specialists from the outset in order to ensure that the data provided is indeed relevant and complete.IntroductionBefore turning to the main subject of this paper ""How Companies Value Properties"", it is of interest to consider first a slightly different question ""Why do Companies value Properties""? In other words, for what purposes are such valuations prepared? Certainly the commonest, and probably the most important circumstance in which a valuation is required is when the company is considering an investment opportunity. This may be the direct purchase of a property or group of properties from a third party, but could also be the opportunity to develop a new operation or expand an existing one.A very simple objective in making any kind of investment is to make our shareholders richer than they would otherwise have been. That is, to make investments whose value to shareholders exceeds the consideration required to acquire them. Thus the investment decision focusses on the difference between an asset's value and its cost.This distinction between ""value"" and ""cost"" is an important one. Study of a company's balance sheet may tell a lot about the cost of this company's assets, but very little about their value. Then again, it is sometimes argued that a business should be bought because this will result in assets being acquired for less than their replacement cost. This merely compares one cost with another, it says nothing about value."

Jan 1, 1991

By P. C. Thurston, T. Setterfield, D. H. Watkinson

"The Maybrun copper deposit IS In a succession of pillowed basaltic flows in the Wabigoon sub-province, northwestern Ontario. The rocks have primary flow morphologies and remarkably well-preserved crystallization textures, including quench-textured plagioclase, in spite of metamorphism to the amphibolite facies. The sulphide assemblage chalcopyrite-pyrrhotite-cubanite with minor sphalerite and pyrite is primarily in interpillow spaces and is stratabound. Basaltic rocks immediately enclosing the copper sulphide minerals have an enrichment in Fe, Mg and K and depletion in Ca and Na relative to surrounding flows. The Maybrun deposit is interpreted to have formed contemporaneously with volcanism and alteration, and was subsequently metamorphosed with the enclosing basalts.IntroductionThe association o f significant base metal accumulations with mafic submarine flows in the Archean is as yet poorly documented. Such deposits, where noted, have typically been small, and are therefore commonly over looked. The Maybrun Mine, a 2.6 x 106-tonne copper deposit in pillowed basalt, has many similarities with large, well-documented volcanogenic deposits. Given the interpretation of the Maybrun Mine to be volcanogenic in origin, there is n o reason why similar processes could not produce large deposit s. This is an important realization in an area where Archean submarine mafic rock s are very common, but frequently are examined only superficially. As gold commonly occurs in deposits such as Maybrun, even modest-sized deposits may be economic. The basalts at Maybrun are remarkable for amphibolite-facies rocks because of their extremely well-preserved delicate volcanic textures, including quench textures.The Maybrun Mine is one kilometre south of Atikwa Lake, in the Wabigoon sub-province of the Superior structural province, 75 km southeast of Kenora, northwestern Ontario, at longitude 93°35'W, latitude 49°25'N (Davies, 1973). Archean metavolcanic and metasedimentary rocks and intrusions underlie the area. Goodwin (1970) concluded that the mafic and minor felsic metavolcanic rocks, as well as the overlying metasedimentary rock s, were an eastward extension of the lower cycle of the Keewatin type section for the Lake of the Woods area. He estimated that the stratigraphic thickness of Keewatin rock s in this area is about 6900 m, of which 87% is basalt. The flows contain numerous interlayered sills, predominantly of basaltic composition; they have been extensively folded, faulted, metamorphosed to amphibolite facies and intruded by numerous felsic bodies, most importantly the Atikwa Batholith."

Jan 1, 1983

By R. D. Lindsay

"Pamour Porcupine Mines, Limited is involved in the mining, milling and primary refining of various gold, gold - copper and refractory gold ores. Pamour operates five mines in the Porcupine Mining District of Ontario, and two 2,550 t/d milling facilities.Both metallurgical facilities use conventional cyanidation technology including zinc cementation for precipitation of gold and silver from solution. The precipitation process, as applied to clarified leach solutions (less than 1 ppm suspended solids) at Pamour is called the Merrill - Crowe process. Precipitates from both milling operations are treated at Pamour's Area Refinery. Schumacher precipitates, unlike Pamour No. 1, require an ''Acid Treatment Stage"" prior to refining to remove the high contained copper. This is accomplished by leaching the precipitates initiallv with sulphuric acid to remove zinc and then with sulphuric acid and manganese dioxide to dissolve copper. Refining procedures after ''Acid Treatment"" are essentially the same for both precipitates.The following considerations highlight the basic principals applied to refining cyanidation precipitates at Pamour, including:"

Jan 1, 1986

By Patrick Pelletier, Pierre-Alexandre Bossé, Julie Fournier, Gianni Bartolacci, Jayson Tessier, Ahmed Bouajila, Carl Duchesne

"This paper summarizes research into the study of the control of flotation processes based on froth images. The use of numerical image analysis techniques for the extraction of significant patterns (froth structure and colour) from industrial flotation froths is discussed.First, the froth was analysed by the use of the Multivariate Image Analysis (MIA) method to extract the spectral variation contained in a RBG image. The Partial Least Squares (PLS) was applied to develop the empirical model for the prediction of froth grade. The results of this application are illustrated using one industrial case study.Second, the froth was also analysed by Gray Level Co-occurrence Matrix (GLCM) and Wavelet Transform Analysis (WTA) to extract features related more to morphological aspects. Since there is useful information hidden in froth texture, these methods are used as texture descriptor to classify different types of froths.Third, a control strategy based on a froth structure indicator was developed and implemented on an industrial zinc flotation circuit. The feedback controller uses a reagent flow-rate in order to maintain the froth structure at its set point. Process improvements obtained with the implemented control strategy are highlighted.Finally, the feasibility to implement a hybrid control strategy consisting in a froth structure supervision controller based on the froth concentrate grade estimated by MIA and recovery inferred by image analysis is discussed.INTRODUCTIONThe development of control strategies to achieve satisfactory control performance has always been a great challenge for engineers and the need for improved process diagnosis, control and optimization has become more and more evident for the mineral processing industry in the last decades. That is why new process variables need to be measured particularly in highly multivariable processes such as flotation. This industrial process is subject to a wide variety of disturbances mainly generated by frequent and sometimes abrupt changes in physical and/or chemical ore characteristics and also, due to some irregularities in manual process operating procedures. A flotation circuit scheme is always a complex network of more than two dozens slurry streams. Information about those streams (% solid, metal content analysis and flow rates) is important for process diagnosis performance evaluation and control. Also, because of the grade decrease and increasing complexity of the new processed ores, more instrumentation outputs and more powerful and significant pr"

Jan 1, 2005

By S. Timbillah, R. LaDouceur, C. A. Young

A low carbon-chain trithiocarbonate ((NaOOC)CH2SCSSNa), known as Orfom® D8, was tested as an organic depressant in the differential flotation separation of chalcopyrite and molybdenite in the presence of sodium isopropyl xanthate (SIPX) or potassium ethyl xanthate (KEX). Flotation studies show that Orfom® D8 depressed chalcopyrite while molybdenite remained floatable. A study of the mechanism of adsorption indicated that Orfom® D8 adsorbs on chalcopyrite through its trithiol (CS -) functional group via both chemisorption and Orfom® D8-metal complexation. The Orfom® D8 depressant is selective and does not form any Orfom® D8-molybdenite bonds. Thus, the combination of the depressant in the presence of either collectors depressed the chalcopyrite and floated the molybdenite. Fundamental parameters of the Orfom® D8 including pKa determination as well as possible decomposition products of the depressant are reported. This study includes an economic case illustrating why using Orfom® D8 can be beneficial. INTRODUCTION Depressants are incorporated in mineral flotation units in the minerals processing industry to make or keep certain minerals selectively hydrophilic. Most reagents used are inorganic and include, for instance, sodium hydrosulphide (NaHS) which is the major reagent used for depressing sulphide minerals, particularly those containing copper, iron and lead. However, the issues with its use include high toxicity, tendency to explode, strong odour, and high consumption due to required high dosages as well as its tendency to oxidise in air. The latter can be overcome by conducting flotation in inert atmosphere such as nitrogen and recycling of the flotation process water. The use of more novel depressants that are essentially organic including homopolar reagents with hydrophilic functional groups on both ends of its structure adsorb onto a target mineral surface with one polar end, the other polar end orients into the bulk solution making the surface hydrophilic and thus, ensuring that the desired mineral does not float. The stringent environmental and safety regulations being implemented in recent times mean that the search for more environmentally friendly chemical reagents is a must have. The use of organic depressants for flotation systems such as Cu-Mo sulfide bulk concentrates has become increasingly important because of the health, safety and environmental issues surrounding the use of inorganic depressants. Nagaraj et al. (1983) investigated the Cu-Mo sulphide flotation system using a structure-activity study of depressants. They found that a major advantage of organic depressants is the ability to tailor-make organic molecules to suit many requirements and thus, eliminate the guess work approach that was predominant in the industry.

Jan 1, 2019

By J. Koponen, M. van de Vijfeijken, L. Bos

"The availability and reliability of large grinding mills and their Gearless Mill Drives (GMDs) are of paramount importance for the grinding process. Although GMDs have been in service for decades, and are known for their operational efficiency (reliability and robustness with reduced operating cost per ton), compared to conventional drives, in the last decade due to certain reasons some failures led to serious unscheduled shutdowns and significant insurance events.The majority of these notable ""insured"" failures have happened on GMDs installed on relatively large mills, as the financial impact of a failure is proportional to the through-put of the mill. Despite the occurrences of these events, as mining operations are driven by lower ore grades and the ability to continue reducing operating costs per ton, the trend for having larger mills is still very present and there is no reason why this trend should not continue.It is obvious that if not handled correctly, the possibility of large value GMD loss events, coupled with the continuing increase in mill size or required availability and reliability targets, could potentially lead to major conflicts as it becomes difficult for the insurance companies to judge the risk and hence may result in hesitation to insure these grinding circuits. This paper will not only describe the conflicting situation from both an insurer's perspective and from an equipment supplier's perspective, but also how these conflicting challenges can be successfully mastered. It has to be noted that not only the mining companies themselves, but also their insurance companies and the involved equipment suppliers have a common interest: to reach the highest availability and reliability in order to avoid or at least minimize unscheduled shut down times, and most importantly prevent unplanned events that result in extended production stoppages or reductions in through-put of GMD driven mills.From the very beginning onwards, the complete service concept together with emergency plans must be integrated on every level in the design of the grinding circuit. This approach must be implemented continuously and without compromises by all involved parties during all following stages, such as basic design, detail design, manufacturing, quality inspection and testing, packing, transportation, storage, installation, commissioning, operation and maintenance. The concept of formal risk analysis related to mill operations, maintenance and spare parts strategies must be an integral part of mining companies’ decisions related to the selection for installation and continued use of large mills powered by GMDs. The service concept in place for operating mills shall also have a clear focus on very early detection of any abnormalities, so that the risk can be mitigated and unscheduled shutdown times avoided. However, if a major failure occurs, then procedures and tools shall already be available in order to ensure that production impact is minimized."

Jan 1, 2012

By F. Osmond, R. Kelly

"Malcolm Knowles, the famous adult educator once wrote: ""What a challenge we in human resources development face if we are to avoid the obsolescence of our workforce. I can foresee this challenge requiring that we reconceptualize (...) and redefine the role of HRD, away from that of managing the logistics of conducting training activities to that of managing a system of learning resources"".The context in which this was written surrounds the subject of adult education and the need for business and industry to change its approach to the treatment of adults as learners. In explaining what 'managing a system of learning resources' means, Knowles refers to line supervisors and managers as the most ubiquitous resources for day-in and day-out employee development. In many organizations training has been largely a staff rather than line responsibility. Even where trainers reported to line management, it was still seen as a staff function performed by a few specialists.This change referred to by Knowles places a much heavier responsibility on line supervisors and managers for the development of their personnel than has traditionally been the case. Managing that change - handing over the responsibility to the line organization - is the supreme challenge for the HRD function.Just why is this change necessary? Because too often, the learner does not effectively use on the job what he or she learned in the classroom. In fact, learners often discard new methods and revert to the older ways. The reason training does not stick is that the systems for training and work management are most often separate entities and while one may support the other, they need to be a single integrated system in order to ensure the transfer to the job effectiveness of training and some real value for the training dollars.Because much training can be wasted, steps have to be taken to ensure that it fulfills its intended purpose. The effective and continuing application of knowledge and skills that learners acquire can only be realized when line supervisors and managers are at the centre of the training system.This paper describes how such a systemis being developed at the Iron Ore Company of Canada (IOC) as a functional training program is introduced. The following text provides background information on the IOC - who they are and where they are located, a definition of functional training, an evaluation of the suitability of this approach for adults in industry, a description of how the program is being implemented at IOC and some observations that have been made as this change is experienced."

Jan 1, 1995

By S. E. El-Alfy, John Starkey

"The Iron Ore Company of Canada treats up to 125,000 t/d of iron ore at its Carol Concentrator in Labrador City, NF.A complete water balance study in the concentrator was done to show how to reduce the consumption of fresh water, to improve metallurgy in the magnetic separation (mag) plant, and to help reduce maintenance costs for the reclaim water and tailing pumping systems.The study showed that more than 60% of the water used in the mill was internally recycled dirty water from dewatering cyclone overflows, and that water reduction was closely tied to the effective use of these internal reclaim pumping systems. In addition, new operating parameters were set for the 4 -15,000 USGPM reclaim water pumps which should save over $100,000 per year in maintenance costs.IntroductionThe study described in this paper was set up for the purpose of lowering water usage in the concentrator, and to reduce tailing and process water pumping costs (operating and maintenance). Another benefit was also expected, namely, to improve magnetic separation efficiency through better water and density management of magnetic separator feed streams.The procedures selected to perform this work were: ( 1) to prepare accurate, as built flowsheets of the entire iron recovery process, including fresh and process water systems, (2) to calculate normal material balances in all circuits at full production, (3) to use the computer spreadsheet model so generated, to evaluate specific ways to reduce water consumption and (4) to re-evaluate metallurgical performance and operating parameters in the light of this information.Overall control of the 28 spiral iron recovery lines was found to be excellent because automated start up and shut down of the individual lines had been incorporated in the design from the start. Because production rates can vary due to sales requirements, mine and mill maintenance delays and hardness variance, the mag plant (which treats spiral tailings) must deal with a wide variety of operating conditions. Good water management therefore is a key item in achieving high recovery of the fine free magnetite which is too fine for recovery in the spirals.In order to make the study as accurate as possible, process data for major flows was reviewed by metallurgical staff and then by mill supervisors. The operating picture of the concentrator so generated was judged to be a good estimate of the mill at full production. By changing key inputs, the variance of process water demand and tailing slurry produced for several other operating conditions were studied.The usefulness of this exercise has prompted this present presentation to be made. Older plants by nature have undergone many revisions as operators have worked through ore changes, market changes, labour cost increases and the availability of new equipment, to improve their operation. Sometimes therefore it is necessary to stop and reassess what is happening in a plant in order to continue the never ending work of process optimization. The techniques used here were ideally suited to the gravity/magnetic concentration flowsheets used, but there is no reason why similar studies could not be done in other process plants.The authors of this paper hope that this experience at IOC will be helpful to others who face similar challenges in the pursuit of excellence in their processing plants."

Jan 1, 1995

By J. A. King, D. A. Knight

"The Porgera orebody is located in mountainous terrain in Enga Province, Papua New Guinea. An underground mine has been developed which produces up to 2000 t/d of ore grading over 2 ozs Au/t. Some 79% of the gold in the ore is free, with the balance in a highly refractory form as sub-microscopic gold evenly disseminated within a pyrite matrix.This paper describes the metallurgical plant that uses flotation and cyanidation circuits to effectively recover the free gold in the ore feed, allowing for wide variation in the gold head grade. The refractory gold component in the ore is stored as leached pyrite flotation concentrate and this concentrate will be later treated by autoclaving techniques to recover the contained gold.The ProiectThe property is located in the Porgera Valley 600 Km North West of Port Moresby. The remote location is 2500 m above sea level. The mine area has 3600 mm of annual rainfall and a temperate climate with temperatures ranging from 10° c to 22° c throughout the year.Alluvial gold was reported in the Porgera area in 1938 and has been an important source of revenue for the area for many years. Intermittent exploration was carried out until the 1960 1 s when Placer (PNG) Pty. Ltd. with Mt. Isa Mines commenced an extensive exploration program. The property was brought to production in 1990 by the Porgera Joint Venture group consisting of Mount Isa Mines Ltd, Rennison Goldfield Consolidated Ltd. and Placer Dome Inc, each with a 30% ownership and the Government of Papua New Guinea with a 10% share. Placer Dome Inc. is the manager of the property with construction under the direction of the Placer Dome Technical Services group."

Jan 1, 1992

By Göran Bäckblom

The Swedish mining companies LKAB and Boliden, the equipment supplier Atlas Copco, the general contractor NCC and the specialist company Reflex joined forces in 2005 to advance the field of rock technology for the purpose of mining and underground construction. The creation of the company Rock Tech Centre is part of the strategy developed by the Swedish mining industry to strengthen co-operation with industry, academia and society. This paper outlines the current R&D strategies developed for the industry in general, discusses what focus areas are selected and provides some details on the current RTC project portfolio, especially faster and better drifting.

May 1, 2006

By B. K. Gorain

"As mining has evolved over a century, so are the challenges associated with mining. Mining of complex ore bodies at greater depths is a major challenge requiring high capital and operating costs due to remote locations, high energy costs, water quality and complex environmental issues. In addition, the stakeholder expectations are growing along with challenges associated with highly complex mine permitting processes and changing demographics of mining jurisdictions. The dynamic metals market adds to these challenges impacting the long term development and sustainability of mining projects.These challenges are compelling mining companies to look at various innovations with an integrated approach focusing on meeting the needs of various stakeholders. Mining companies are slowly tapping into some successful concepts that have transformed other industries such as manufacturing, chemical, pharmaceuticals along with oil and gas.This paper provides an overview of various innovations and technology developments in mineral processing that have shaped the current mining industry. A glimpse of the present and future challenges in mining is also presented. An integrated approach to problem solving involving various stakeholders is gaining momentum and this has been reflected in this paper. Various developments that are being pursed in mineral processing focusing on a change in the existing mining paradigm are also presented in this paper.INTRODUCTIONAs mining is evolving, so are the challenges associated with mining. Some of the key challenges are complex ore bodies at greater depths, high capital and operating costs, water scarcity and quality issues, high energy costs, complex environmental issues including tailings management, worldwide constraints on resource availability, more and more elaborated regulations in emerging economies impacting the permitting processes, increasing stakeholder expectations, changing demographics of mining operations with ever-changing cultural or community expectations and the urgent need for a better assessment of project viability, this in very dynamic metals markets impacting the dynamics of mining projects development and sustainability."

Jan 1, 2016

By R. T. Jones

The largest known platinum group metal (PGM) deposit in the world is the Bushveld Complex in South Africa, with the Great Dyke in Zimbabwe also being one of the biggest. It is therefore not surprising that the majority (just over 5 million troy ounces or 156 metric tons per annum) of the world's platinum is produced in Southern Africa. Primary smelting of ore concentrates is carried out in that region by five companies, namely Anglo Platinum, Impala Platinum, Lonmin Platinum, Northam Platinum, all of South Africa, and Makwiro Platinum in Zimbabwe. The only other primary smelter of platinum group metals is Stillwater Mining of Montana, USA, although very significant quantities of PGMs are produced as co-products by Norilsk Nickel of Russia. Smaller (but still significant) quantities of PGMs are produced by Falconbridge and Inco of Canada, also as co-products from nickel sulphide smelting. There are many similarities between PGM smelting and nickel sulphide smelting, and the range of technologies in use includes six-in-line rectangular electric furnaces, three-electrode circular AC furnaces, Peirce-Smith converters, and Anglo's ACP (based on Ausmelt technology). PGMs are also recovered from residue materials using DC arc furnace technology.

Jan 1, 2005

By Norman O. Lotter

The problem of quantifying the full performance potential of an ore body in a concentrator, and how to configure a flowsheet to achieve that potential, either for a new operation or an existing one, is a strategic challenge. Modern flowsheeting technology that has been developed over the last twenty years has provided a suitable platform to achieve this. The integrated use of geology, compositional and quantitative mineralogy, sampling models, quality controls, and mineral processing, including flotation testing, has evolved into what is now called process mineralogy. Two specific tools have been developed and validated as standard methods in this toollbox. These are statistical benchmark surveying and high-confidence flotation testing. Both of these have borrowed from the sampling theories of Pierre Gy and from geostatistics. Additionally, they work on a replicate measurement and averaging basis, thus reducing the overall random error level. With this arrangement, one is in a position to characterize the ore from true samples and identify and quantify the economic minerals present in a manner that easily brings out the processing implications and likely grades and recoveries. In particular, the approach captures the variation in the ore body, which, if properly translated into the flowsheet design, minimizes the risk that unexpected responses will develop in the concentrator operations. A further advantage is that successful plant trials are now possible and practical. An overview of this approach is presented with two case studies.

Jan 1, 2011

By Tony Lipiec, Chris Fleming, Larry Urbanoski

In 2009, the Canadian Mineral Processors (CMP) became aware that Canadian securities regulators were amending the contents of National Instrument 43-101. NI 43-101 is a set of regulations which establish how ore resources and reserves are presented to the investing public. The documents produced under NI 43-101 are central to the ability of many companies to raise financing for their projects. With the increase of metallurgical complexity, and decrease of head grades encountered in new deposits, the role of the Qualified Person (QP) in determining process performance has become increasingly critical in determining the classification category of resources and reserves. Given the challenges confronted by those involved in defining the concentration and extraction of minerals and metals, there is a need to provide support to these QPs. To address these concerns, the CMP established a sub-committee in 2010 to create a set of guideline documents to assist the QP involved in process matters as to what should be included at the various levels of study supporting the establishment of resources and reserves in NI 43- 101. The results of the sub-committee work are presented and the considerations in the writing of the documents are discussed.

Jan 1, 2011

By D. R. Nagaraj, Napoleon Tercero, Raymond Farinato

"Several studies conducted recently have shown that molybdenite flotation from Cu-Mo ores is adversely impacted in sea water at pH >~ 10.0 irrespective of the pH modifier; under the same conditions Cu sulfide flotation is relatively unaffected. This has been attributed to the presence of Mg2+ ions and their hydrolysis products in the sea water which adsorb and precipitate on molybdenite surfaces as Mg(OH)2. However, why and how Mg(OH)2 impacts only molybdenite flotation in the complex flotation pulps containing a multitude of minerals is not understood. The work presented in this paper probes the interface and interphase regions near the edge and basal planes of natural molybdenite (MoS2) in aqueous solutions and flotation pulps, particularly in the presence of copper ore pulp and added Mg2+. Differences in interaction of metal ions and their hydrolysis products (Mg2+, Mg(OH)+) were measured on the two faces of this anisotropic mineral. How those differences relate to molybdenite floatability and the impact of aqueous solution chemistry are discussed.INTRODUCTIONWater resource management is an important sustainability challenge in mineral processing. In view of the shortage of fresh water in many parts of the world, mineral processing plants are evaluating alternative sources. Seawater flotation has received much attention recently and there have been several important studies reported in the literature, particularly for the processing of Cu-Mo ores (S. Castro, 2012; S. Castro, Rioseco & Laskowski, 2012; S. Castro et al., 2012; Laskowski & Castro, 2012; Ramos, Castro & Laskowski, 2013; S. Castro & Laskowski, 2013; Laskowski, Castro & Ramos, 2013; Nagaraj & Farinato, 2014; S. Castro, Uribe, & Laskowski, 2014; Veki, 2013). The main conclusions from these studies on Cu-Mo ores in seawater at elevated pH were: a) flotation recovery of Cu sulfides is either unaffected or only marginally reduced, b) molybdenite recovery is adversely affected in seawater at pH values necessary for rejecting pyrite (i.e. pH > 10 to 10.8 depending upon particular system), and c) the precipitation of Mg2+ in seawater as Mg(OH)2 is responsible for the adverse effect on Mo flotation. In order to further investigate the individual effects of Mg2+ and Ca2+ on molybdenite depression in Cu-Mo ore flotation, Nagaraj & Farinato (2014) conducted flotation tests wherein individual metal ions were spiked into tap water during grinding of Cu-Mo ores. They showed the strong adverse effect of Mg2+ addition on Mo recovery and, to a lesser extent, on Cu recovery when pH > 9.5. Under similar conditions, Ca2+ had virtually no effect on either Cu or Mo sulfide flotation. Figure 1 below shows the previous results for Cu- Mo ores in tap water and the effect of addition of Ca2+ and Mg2+ ions. Note that in seawater the adverse effect of Mg2+ on Cu recovery was much smaller than that in tap water (Nagaraj & Farinato, 2014; Figure 4a and 4b and Table 4 therein)."

Jan 1, 2016

By Mauro Chiesa

An Overview on the Presentation A.The Markets ?Mining Industry ?Capital Markets ?A Six-Cell Matrix of Strategic Options B.De-Risking The Mining Assets ?The Value-Added ?The Assets: Current and in Development ?The Feasibility Study C.(Questions, and answers) Post-Crunch: Some Maxims ?Three Metal Market Models No Longer Prevail ?New models are uncharted: ?be prepared?(ref: Lord B-Powell). ?Capital markets are pricey & uncertain: be your own financier first ?focus on value and on cash-flow (not oz, lbs, tonnes, LOMs, etc) ?Know your banker/financier(and it should know mining) ?In the past, it was ?know your borrower? ?It?s a buyer?s market that wants the ?right deal?: so cast a big net: ?Data must be current, concise and consistent ?3rdparty validation of feasibility work is now a ?passport? ?The risk matrix, with de-risking, is as important as the ?math?

May 1, 2011

By Harvey McLeod

M3 -Technology HOWEVER:In practice we have limitations ?Clients: aggressive or cost based; inexperienced ?Consultants: ?expanding market w/training limitations ?Prescriptive designs ?Lack of senior oversight ?Regulators: difficult to retain technical capacity ?Stakeholders: perceptions and expectations ?Physical settings: challenging terrain, climate, soils/rock Do M3?s Perform? YES?Generally M3?s since mid-1960 do perform ?BC Closed Mines: Afton, Highmont, Trojan, Bethlehem, Cheni, SNIP, NO?ARD/ML issues?e.g. Equity Silver, Samatosum; selenium, cadmium, sulphate

May 1, 2010

"The Dome Mine, located in South Porcupine Ont. has been in operation since 1910 and is owned and operated by Placer Dome Inc. The current milling facilities were constructed in two phases with the first being commissioned in 1982. It consists of a grinding, gravity separation, thickening, and leaching circuits. The second phase was commissioned in 1988 with the addition of the CIP, stripping, electrowinning, and carbon regeneration circuits.It is now common practice in the gold processing community to add liquid oxygen to leach circuits to increase both recovery and kinetics. Along with these benefits the metallurgical group at the Dome realized the potential to replace compressed air with liquid oxygen as a source of oxygen for the dissolution of gold. A plant trial of liquid oxygen was undertaken during the fall of 1991. The results of this first test were favourable enough to warrant further investigation, and a second plant trial was conducted in December 1991.The data generated as a result of each trial revealed that oxygen could be economically substituted for compressed air as a source of dissolved 02. The energy savings in required horsepower enabled a rapid payback period. Thus the project was approved in the spring of 1992 and l should be operational during the final quarter of 1992. INTRODUCTIONIn a continuing effort to reduce operating costs and improve recovery at the Dome mill it was decided to investigate the feasibility of adding liquid oxygen (02) to the leach circuit. It is now common practice in the gold processing community to add 02 to the leaching process to increase both kinetics and recovery. It was anticipated that an increase in kinetics would allow us to eliminate one or more leach tanks while maintaining acceptable recoveries. The metallurgical group felt that along with these benefits, the potential was also there to reduce power consumption through the reduction in the processing of compressed air which is quite costly (12 cents/1000 cubic feet per minute in 1991)."

Jan 1, 1993

By Rénard Chaigneau

Quality during induration Drying ??40% of energy ??Drying velocity = f(1/radius2) ??Size versus risk of condensation ??Flow is important (minimise fines)Oxidation ??IOC Fe2+ typically 0.04% ??Important to minimise Fe2+forLow Temperature Disintegration ??Tight size distribution is key13

May 1, 2011

Caterpillar Inc The world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Technology leader in logistics, construction, transportation, mining, forestry, energy and electric power generation.

Aug 1, 2013