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By G. Whittle

An important aspect of the project evaluation process is the achievement of a clear and quantitative understanding of the primary drivers influencing project value and risk. A business scenario-based approach is required to ensure that the project meets value and risk hurdles over the short, medium and longer term. Adopting an optimising approach can aid significantly in the development of a project concept into a business that is optimal and sustainable in the longer term. Through the application of case studies, based on work performed with various mining organisations during the last five years, this paper will demonstrate how project value and robustness can be optimised. Experience has demonstrated that applying this approach results in significant value improvements and risk reduction - primarily by application of a rigorous, fact-based analysis and optimisation process that rapidly increases management team understanding and insight of key driver of value and risk.

Jan 1, 2007

By W. P. Channon, J. B. See

The reduction of fluxed and non-fluxed manganese, ores by ferromanganese silicide by W. P. CHANNON, B.Se. (Eng.), M.Sce. (Eng.) Wits. (Visitor) and J. B. SEE, B.Sce. Hons., Ph.D. (New South Wales), M.I.M., M.I.M.M. (Member) In South Africa, medium-carbonferromanganese is produced by the silicothermic reduction of slags containing MnO. Because of its importance in the production of refined ferromanganese, a study was made of the reaction between a premelted South African Mamatwan manganese ore and various ferromanganese silicide reducing alloys, with and without fluxing agents. Because the reaction is highly exothermic, temperature appeared to have little effect on the rates of manganese transfer to the metal and silicon transfer to the slag, and an apparent equilibrium was rapidly approached. Limits were determined for the favourable effects of fluxing additions, and manganese recoveries were found to decline as the ratio of CaO to MgO decreased as a result of the addition of basic flux. The recovery of manganese passed through a maximum, and subsequently decreased for variations in the ratio of alloy to ore. The results obtained, when used in conjunction with other physicochemical data related to this slag-metal system, suggest optimum slag compositions for the efficient manufacture of medium-carbon ferromanganese from Mamatwan ore.

Jan 3, 1977

For resources projects with healthy net present value (NPV) and low cash flow volatility, conventional discounted cash flow (DCF) analysis will continue to provide the dominant investment decision-making criteria. However, DCF analysis can be biased because it often applies a single risk-adjusted discount rate (RADR) to compare the value of projects with different risk characteristics. Many of the difficulties with DCF modelling arise from analysts' inability to determine appropriate risk discounts and to estimate expected spot prices inputs for the commodities produced over the life of the project. Modern asset pricing (MAP) is a very valuable complement to DCF analysis in addressing some of these issues. Most papers dealing with MAP, however, while academically rigorous, tend not to be explicit in terms of practical application of this methodology in routine project evaluation. This paper has the objective of reviewing the MAP methodology and of demystifying its complexity, by providing a simple but realistic step-by-step evaluation of a mining project, comparing its DCF and MAP NPV values. The paper concludes that MAP provides a minimum, risk-adjusted `floor' value, thus representing a valuable complement to any DCF valuation.

Jan 1, 2007

By D. C. Andersen, G. L. Smith, A. M. Marsh, J. Pearson-Taylor

Central to the success of any mining company is the ability to manage capital investment effectively so as to ensure acceptable stakeholder returns within an overall strategic context. Critical to this process is the effective selection and implementation of a strategically aligned project portfolio that enables optimal resource exploitation while operating within mandated bounds and identified constraints. Consideration is given to the strategic long-term planning process, an investment prioritization methodology and specific tools and techniques based on the discounted cash flow philosophy.

Jan 1, 2006

By R. Haldenwang, R. Erasmus, P. T. Slatter, R. P. Chhabra

Notches are used routinely for measuring the flow rate of water with free surface flows. As far as can be ascertained, no work has been done to investigate the performance of these flow rate measurement devices for non-Newtonian suspensions. The Flow Process Research Centre at the Cape Peninsula University of Technology has investigated the flow rate of kaolin and bentonite suspensions from a tank for two notch shapes, namely rectangular and triangular, and for 3 different concentrations of each suspension. The notches were calibrated using water and then the kaolin and bentonite suspensions were tested in them. The rheological characterisation of the fluids was done with a Paar Physica MC-1 rotary viscometer fitted with a cup and roughened bob. Analysis of the results shows a significant increase in discharge coefficient with increase in concentration, and the discharge coefficient has been correlated to the yield stress. This is the first such study, and further investigation is needed to confirm and extend these findings.

Jan 1, 2007

While some of the practical details of ilmenite smelting are not well documented, there is a substantial body of literature on the principles of ilmenite smelting, and the behaviour of solidified titania slag. This information is summarized, focusing on the basic reactions, departure from equilibrium, the behaviour of impurities, and reactions of solidified slag. The emphasis is on the South African operations.

Jan 1, 2007

By P. Beukes, D. Bessinger, R. Glenewinkel

High titania slag is produced by the smelting of ilmenite and a suitable carbonaceous reductant in electric furnaces. Currently liquid slag is cast into large blocks, which take about 10 days to cool down before they can be crushed, milled and classified into two final products. The two products, chloride and sulphate grade slag, are differentiated according to their size. Granulation of titania slag has been identified as a possible alternative to the conventional block route. This paper discusses some of the work carried out at Exxaro Research and Development to investigate both wet and dry granulation of titania slag.

Jan 1, 2007

By R. Thomas

A Honeywell TDC 2000 central process control system was installed at Rössing in 1984. The system controls the metallurgical operations from crushing to the finished product of uranium oxide and manufacture of sulphuric acid. The operation was previously controlled from nine separate local control rooms. The paper briefly reviews the design and commissioning of the control system on an operating plant and discusses the impact on manpower organisation and training needs. Development of the process control system during its first two years of operation is reviewed and a summary is given of the current status of computer control at Rössing. The impact of the new system on overall plant operation and performance efficiency is also briefly described. In conclusion, future developments of computer control and overall optimisation of metallurgical operations are reviewed.

Jan 1, 1987

By R. P. King

The University of the Witwatersrand (Wits) and the minerals industry of South Africa have grown with the city of Johannesburg. The former has provided teaching and research in mining and metallurgy, while the latter has been responsible for the practical training of metallurgists and for the testing and implementation of innovative ideas proposed by the academics. This interplay between inventiveness and industrial application is illustrated by three examples: the establishment of the iron and steel industry as a result of the persistent experimentation undertaken by Professor G. H. Stanley, the first Professor of Metallurgy and Assaying at the South African School of Mines, which later became Wits; the establishment of the research organization that eventually became the Council for Mineral Technology (Mintek) - again through Professor Stanley's faith in the role of research; and the establishment at Wits of physical metallurgy as a discipline in its own right, as first suggested by Professor C. E. Mavrocordatos of Wits against the opinion of his colleagues in the industry. The Department of Metallurgy at Wits has been well supported by the minerals industry. Not only does the industry provide grants for the financial support of students, but it supplements the salaries of personnel in the Department, making possible the recruitment of top-class academic staff. At present the greatest problem is the lack of interest shown by matriculants in the metallurgical industry as a career. However, an enormous effort is being made by the Chamber of Mines, The South African Institute of Mining and Metallurgy, and the Wits Department of Metallurgy to ensure that matriculants receive appropriate information about the career prospects in the minerals industry.

Jan 1, 1983

By D. H. Batchelor

Efficient modern-day mining operations are turning increasingly to technology to combat rising operating costs in an adverse economic climate for the industry. Computerised truck dispatching is one such technological advance that has enhanced the efficiency of the mining operation at Palabora. The economic incentives, basic operation and general system benefits of Palabora's computerised truck dispatching system are considered.

Jan 1, 1987

By S. C. Greeff

At ISCOR the quantitative determination of the structural properties of coke is done with a Leitz-TAS Image Analysis System. A reflected light microscopic image of a coke sample is converted into a binary image and stored in computer memory or on hard disc. By means of mathematical and stereological techniques the system can transform the images electronically. A lightpen can be used to determine the sequence of these operations. TASIC, which is based on BASIC language, is used as the program language on the computer. The majority of the programs are written by the user to ensure satisfactory results for specific studies. The computer controls the whole system, including the movement of the microscope stage, focusing, transformation and measurement of the image and data processing. The computer is also applied for establishing statistical correlations between the structural and other coke and coal parameters as well as for graphics and predictions of the coke structure. Factors affecting the structural properties of coke are discussed and conclusions are drawn.

Jan 1, 1987

By V. E. Ross

A computer program was developed that incorporates a novel analysis of the behaviour of the froth in full-scale cells to predict the performance of the froth over a wide range of operating conditions. The program has the distinct advantage that it can be easily implemented on a microcomputer, which allows rapid computation and processing of the results. The program utilizes experimental data obtained in flotation-plant and laboratory testwork to provide parameters for the froth model under an initial set of operating conditions. These parameters can then be used in conjunction with a model describing the transfer of material from the pulp to the froth to predict the performance of the cell when its dimensions and operating variables are changed during scale-up.

Jan 1, 1987

EMMES Sampling Conference BACKGROUND & INTRODUCTION ?Impala acquires toll material to supplement production from ROM ?Toll material consists of filter cake, slurry and catalysts ?Samples are collected to determine the commercial values of the lots ?Slurry deliveries projected to remain relatively constant at 120tons dry solids per month, whereas filter cake deliveries set to increase five-fold to 800 tons dry solids per month ?Due to projected increase in toll material, new sampling and offloading facility presently under construction at Impala ?Presentation will cover two projects aimed at reducing the uncertainty associated with sampling of toll deliveries ?i.e. slurries and filter cake.

Jan 1, 2005

By R. W. O. Kersten

Backfilling is one of the options available to the mining engineer in mine design. The decision as to the type of backfill is dependent on the purpose for which it will be used. For example, in a situation where high-grade, steeply dipping multiple reefs are to be mined, the purpose would be the following: ? to facilitate maximum extraction; a ? to minimize loss of fines; ? to allow closely spaced multiple reefs to be mined; and a ? to create a working platform. The physical properties required which will satisfy the abovementioned requirements can then be defined; the design of the fill plant, as well as the transport of the fill, will be governed by these considerations. The same procedure is also adopted in deciding on backfill in single- reef gold mines. The first question to be asked is the purpose of the fill. It may be to reduce the energy release rate, for environmental reasons, to reduce timber usage, to improve productivity, to reduce stoping costs, to obtain higher mining extraction, and so on. Only after one, or a combination, of these factors has been selected, can the specifications for the fill be decided on, and the plant designed accordingly. The introduction of backfill at Sheba Gold Mine will be used to illustrate the procedure adopted by Anglovaal in determining the type of fill required.

Jan 1, 1988

By G. R. Sawyer

Although backfilling has been in operation for many years, the methods for selecting appropriate slurry dewatering aids have, in some cases, been rather unsophisticated. This has led to many misconceptions regarding the role of the dewatering aid and its various means of application. Testing procedures employed in the correct selection of any practically applied dewatering aid must mirror the actual working processes in which they are to be used. This constraint necessitates the development of complex testing methods when applied to backfilling. The current testing procedures were scrutinized and their various merits noted. From this study a series of testing methods was evolved which incorporate the best aspects of these testing procedures with novel ideas which would eventually result in the correct selection of the dewatering aid. A major consideration in the application of any of these methods is the modus operandi of the backfilling process, and the relevance of the tests to the process. This work attempts to consolidate the testwork performed in the past and suggest new approaches in the correct selection of acceptable dewatering aids for backfilling.

Jan 1, 1988

A set of six design principles for rock engineering was developed by Bieniawski: design objectives; minimum uncertainty; simplicity of design components; state-of-the-art practice; optimization; and constructability. These principles translate into a ten-step design process. Although this methodology was developed for rock engineering, it is applicable to any design process, feasibility study, etc. Diligent use of such a process will ensure that a defensible design or evaluation has been carried out. Recently a ?strategic conversation? process has been identified by Ilbury and Sunter that includes the following ten steps: scope; players; rules of the game; key uncertainties; scenarios; SWOT analysis; options; decisions; measurable outcomes; and meaning of winning. A comparison of these steps with those of the design process shows a remarkable correlation. This is perhaps not surprising since engineering design is a strategic up-front issue, and front end loading in a project is critical to achieve the expected project performance. Based on the close correlation between the strategic conversation and engineering design processes, a circular design process, rather than a linear process, is proposed. The ?circle of design? better reflects the importance of review and monitoring in the two phases of successful design and implementation?defining the design, and executing the design.

Jan 1, 2009

By K. Moxham, B. McKeown

The South African gold and platinum deposits were formed in very different ways and yet both have many similarities. They are flat dipping tabular orebodies, extremely narrow and located in hard abrasive country rock. The mining methods employed are also similar. Primary access is via shafts or declines; secondary access is via haulages and cross-cuts; and tertiary access is from raises. The proposed solution for rapid access described in this paper is focused on the haulages and cross-cuts.

Jan 1, 2006

By Timo Niitti, Sami Grönstrand

n today's marketplace with high metals prices, many operations are faced with the challenge of improving recovery and at the same time maximizing availability. New operations under feasibility studies have the same requirements, with the additional need for ever higher capacities. Economies of scale have proved a vital competitive advantage in the game of ore dressing. Flotation is the most widely used method for extracting valuable minerals from ore - despite its mature age of 100 years. Customer demand has driven the development to increasing cell sizes, and in most cases, this has brought the advantages of both lower capital expenditure and lower operational and maintenance cost. The challenge of scale up, however, is to meet the metallurgical performance requirements in the larger volumes. The paper outlines recent trends and developments in flotation technology, and presents new solutions designed to address the needs for increased capacities as well as improved performance. Whether the goal is to improve existing operations or to scale up new equipment, computer aided tools are playing a key role in shortening the development cycle and reducing costly trial-and-error tests in full scale. Using the new tools and validation thereof will be outlined, as well as the development principles behind the new solutions. Plant results and experiences with the new developments are presented and discussed in several cases around the world.

Jan 1, 2007

For practical reasons all basic input data for the gold mines of the Anglovaal Group conform to a regular grid of averages of sample values within 25-ft squares in the plane of the ore body; individual sample values with their metric co-ordinates are input and converted by a computer program to the basic 25-ft square averages. At the Prieska copper mine the bore- hole data are forced on to a regular grid of 15-m squares corresponding to the coordinates of the grid points nearest to the actual borehole intersections. As for the gold mines the Prieska ore body, although some 3 to 30 m thick, is also dealt with on a two-dimensional basis (Krige, 1973). On the gold mines the data subjected to geostatistical analysis cover: gold values (in cm g/t), uranium values (cm kg/t), and channel widths (cm). The gold and uranium values are normalised on the basis of log (value plus constant) and all the geostatistical analyses are performed on these transformed values. The channel widths usually conform reasonably well to the normal distribution and are, therefore, not transformed. At Prieska the metal grades analysed cover the two main products, copper and zinc, as well as the impurities lead and bismuth; in addition the specific gravity values and the hanging- and foot-wall deviations from a projection plane are also handled. These were all previously used on an untransformed basis but because of problems associated with the proportional effect the lognormal-de Wijsian model is now used for some of the grade variables. The key computer pro- grams can be summarised briefly as follows:

Jan 1, 1981

By M. B. Díaz Aguado, I. Á. Fernández, C. González Nicieza, B. S. Menéndez

This paper summarizes the works that the Research “Group of Ground Engineering”, belonging to the Mining Department of the University of Oviedo, Spain, has been developing in close cooperation with the Regional Mining Department, since 2001, in order to control and monitor an experimental underground limestone exploitation by the room and pillars method. The aim of the current research is not only the geotechnical characterization of the rock mass (by means of laboratory and site tests) or the instrumentation of its displacements and stress changes (using convergence meters, INCREX probe, extensometers and rigid inclusion cells), but, moreover, to undertake intensive monitoring and control of such pilot mine, which is mined exclusively in order to accomplish this research. The data transmission was made on line via Internet, to achieve a full understanding of the behaviour of the experimental mine, to access data from remote locations and to visualize results from a website. All the collected information becomes input data for several numerical models using finite differences under a program developed in the research Group, ALMEC. The simulation and a final economical analysis lead to a design of an underground exploitation, at production scale, for a resource that is traditionally mined by means of open-pit process methods that could be worked underground with less environmental impact. The main purpose achieved by this exhaustive analysis is the technical and economic viability of such mine, for their optimisation for a future productive exploitation.

Jan 1, 2003