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By Daniel K. Dysinger

Capital resource budgeting is the way managers of publicly held companies fulfill their fiduciary responsibility to maximize the wealth of stockholders. Managers maximize shareholder wealth by allocating investment capital to the most productive of competing alternative projects. Managers do this in a manner that maximizes the net present value of the firm's future cash flow. The techniques of cash flow analysis are the primary tools available for selecting a corporate portfolio of projects that meets or exceeds the rate of return expected by shareholders. The reliability of cash flow analysis hinges on the ability of managers to forecast the future values of individual components of cash flow. The accuracy and reliabil¬ity of forecasting determine the soundness of capital investment decisions and, ultimately, determine the value of the firm.

Jan 1, 1997

By Jerome P. Downey

Treatment of tungsten ore at Anschutz Mining Company's Chicote Grande (Bolivia) operation results in a relatively high grade arsenopyrite byproduct stream. Laboratory and miniplant testwork have been performed at Colorado School of Mines Research Institute to examine the technical feasibility of recovering a marketable arsenic product fr an this source. Process selection was constrained by the remote location of the millsite, which demands an uncomplicated, low maintenance operation. As a result of the research effort, a two-stage roasting/condensing process was developed, featuring the use of an indirect heating method. Arsenic was efficiently extracted and the arsenic trioxide (As203) product consistently exceeded the industrial purity specification of 99.5%. Key process parameters have been secured for extrapolation of the process to pilot or small commercial scale.

Jan 1, 1985

By H. Polat, M. Polat, S. Chander

A high shear treatment step was observed to improve flotation of coal. The effect of high shear treatment (HST) was a strong function of coal rank, however. For the low rank coals the HST produced loose, open-structured agglomerates which decreased the entrapment of ash minerals. For the high rank coals, the high shear treatment promoted detachment of low-floating particles from the agglomerates that ordinarily formed in a flotation cell. The extent of agglomeration and detachment of particles from the agglomerates was a function of the amount of dodecane and coal rank. To obtain desired efficiency of separation ethylene-propylene oxide block co-polymers were used. The results showed that the HST-flotation technique increased the ash rejection considerably for both high and low rank coals, though the mechanisms were different.

Jan 1, 1995

By Jaime E. Sepúlveda

Semiautogenous grinding (SAG) operators have been realizing the very significant impact of fresh feed particle size distribution on the mill grinding capacity. In actual practice, this impact may be quite difficult to assess because of the natural process variability that may also involve- concurrently other critical factors such as ore hardness. Recognizing the limitations of the empirical approach, the current publication proposes the use of mathematical models and simulators to explore and assess the net effect of feed particle size only, independent of any other factors. The simulation analysis here reported provides a basis to claim that the size distribution of the particles being ground (simply characterized by a % - 2" or similar measurement) is one of the most relevant controlling variables of the overall mill performance, regardless of the SAG circuit configuration.

Jan 1, 2005

By James Warren Andrews

The values of saturated water vapor pressure from steam tables have been found to be inaccurate for mine ventilation usage because the effect of air on the saturated water vapor was disregarded. Presented here are the newest and most accurate currently available tables from the National Bureau of Standards (NBS). Also included are: (1) a formula for correcting the saturated water vapor pressure for temperature and altitude. (2) a formula for computing unsaturated water vapor pressure, and (3) a formula for air density. Because Systeme International (SI) units are used in the formulas, conversions are given from U. S. conventional units to SI units. The intent of this paper is to show by means of six steps the accurate calculation of mine air density for use on modern computers.

Jan 1, 1989

By J. J. Davis, C. A. J. Fletcher, M. Li, T. Jancar

This paper summarises the experimental approach to spiral modelling at the Julius Kruttschnitt Mineral Research Centre, University of Queensland, involving the use of plastic density tracers to determine partitioning performance on three models of coal spiral. This work has led to phenomenological models of the three spiral profiles most widely used in the Australian coal industry. The results from a parallel computational fluid dynamics approach to spiral modelling currently underway at the University of New South Wales are also presented. The computational simulation has been successfully applied to generic spiral geometries and is capable of predicting the fluid phase three dimensional flow fields and corresponding free surface profiles for moderate Reynolds' number and Froude numbers. Simulation predictions are compared with experimental results from a Mineral Deposits LD9 coal spiral.

Jan 1, 1995

By R. J. Sweigard

Many states are considering the need to establish or modify policy relating to the disposal of coal ash. One of the primary concerns is the impact of leachate from the ash disposal sites upon groundwater and nearby bodies of surface water. A detailed site investigation was conducted at a coal ash disposal facility associated with a power generation station. The disposal site is situated alongside a major river. Monitoring wells were installed and soil samples were taken for characterization. Groundwater models were used to simulate migration of leachate from the disposal site toward the river. Such models have the potential to be used to verify regulatory compliance. This paper addresses the validation and adaptability of these models to this case and their usefulness as possible tools to be used in future environmental audits.

Jan 1, 1993

By M. Jaramillo

The expanded west pit of the 15 Mta (13.6 stpy) El Cerrejon mine will eventually reach a maximum depth of 270 m (890 ft). Slope-stability evaluations indicated that this depth, combined with structural complexities, would create a serious risk of footwall instability. Stabilization calls for anchoring the footwall by the installation of 9- to 33-m- (30- to 108 ft-) long multistrand steel cable bolts. For each of the 15-m- (50-ft-) high mining benches, a row of bolts is installed with variable horizontal spacing, depending on the dip magnitude. Cable bolting is now standard operating practice, and an estimated 11,800 bolts will be installed during the life of the mine. Results to date have been satisfactory in terms of the stability condition of the bolted slopes.

Jan 1, 1997

By M. Prasad, A. K. Majumder, T. C. Rao

The depletion of high-grade phosphate ores is bringing about a search for a suitable, economically viable technique that con process the abundant low-grade phosphate reserves. About 75% to 80% of the world's low-grade phosphate reserves are associated with carbonate gangue that is not amenable to treatment by the simple techniques of physical separation. The processing of sedimentary dolomitic/calcareousphosphate ore has numerous problems, including similar surface properties of the carbonate and phosphate. Two-stage reverse anionic flotation of carbonates (dolomite/calcite) has appeared to be a promising separation technique ,for the removal of carbonates from sedimentary rock phosphate. In reverse fatty-acid anionic flotation, the depression of phosphate mineral with orthophosphoric acid produces satisfactory results for calcareous as well as dolomitic phosphate ores from several locations of sedimentary origin.

Jan 1, 2000

By Richard Louis Viner, William D. Leech, Walter A. Mergelsberg

With the construction management team established and a full funding agreement secured the Washington Metropolitan Area Transit Authority (WMATA) now has the manpower and the financial resources to continue Metrorail construction into the 1990's. This paper describes WMATA's new role as construction manager after the transition from Bechtel Associates and gaining the full funding agreement with the Urban Mass Transit Administration (UMTA) and regional governments to complete 84.7 Metrorail miles (136km). The authors review the most recent station and line tunneling projects. WMATA's contractors have employed the state of the art soft ground and hard rock tunneling equipment and methods - an earth pressure balance TBM, a closed face TBM, and the New Austrian Tunneling Method (NATM). In final, the paper previews future underground work to be let under the funding agreement.

Jan 1, 1987

By K. Hanumantha Rao, K. S. E. Forssberg

The separation of feldspars from quartz has been the subject of numerous studies since 1930 and the flotation process so far proved to be the most suitable method. In the conventional process, feldspars are separated from quartz using a cationic collector and hydrofluoric acid as an activator of feldspars. There is no general agreement on the mechanism of fluoride activation of feldspar surfaces and the role of fluoride ions is briefly discussed. The use of HF is no longer acceptable due to environmental and health problems, and a few new reagents schemes have been reported. The available evidence shows that the success of these new reagent schemes is very limited. A new reagent scheme which is environmentally safe and cost effective for the separation of feldspars from quartz is yet to be resolved.

Jan 1, 1994

By Peter A. Burger

The Greenvale Orebody comprises a series of contiguous lateriteprofiles developed terrace-like during the Cainozoic over a serpentinized harzburgite intrusive emplaced within Proterozoic schists. Each terrace displays individual characteristics of metal distribution. Topographically higher (older) profiles have been partially eroded and metal concentrations reworked. Within the laterite profile, metals have been concentrated or depleted according to their relative solubilities. At tropical temperatures, acidic meteoric waters have progressively depleted the ultrabasic parent rock of Si and Mg, leaving A1 and Fe to form a surface duricrust. Ni, Co, Mn and Cr have accumulated in the lower and middle levels of the weathering mantle. Only Ni and Co have accumulated to exploitable grades. Lateritization has evidently proceeded over a considerable portion of the Cainozoic and may be still continuing.

Jan 1, 1979

By Welland L. Ott, Hans J. Rumland

The Falconbridge Dominicana laboratory receives samples from all parts of the operation. Ore, metal and oil samples are taken by operating departments, gas and water samples by the laboratory staff. Physical sample preparation is essentially standard and produces comminuted samples for wet-chemical analysis and X-ray fluorescence analysis (XRF). T he main operating sections of the laboratory are described indicating in each case the type of instrumentation and method used, sample types analysed and comments on problems experienced. Emphasis is given to the sample preparation and X-ray sections especially with regard to the difficulties caused by our heterogenous ore material, calibration of the instrument and operational malfunctions. General problems related to our remote location and the tropical climate are discussed. Limited statistics on instrument availability, and stability, accuracy, precision, etc., are given.

Jan 1, 1979

By William H. Schiffbauer

Research is being conducted toward making underground mining equipment autonomous. This will facilitate improvements in safety by relieving workers of dangerous tasks and will increase production by providing more accurate control with less down time.. A Bureau of Mines developed microcomputer network has enhanced this research by permitting a group of diverse computers to interact with a mining machine as well as with each other over a common data link. The network is composed of specially integrated off-the-shelf hardware and industry-standard operating system and programming languages. Using the network, researchers can conduct various experiments with the mining machine using a diverse group of intelligent sensors, computers, and microcontrollers. Descriptions of the mining machine, the mining machine control computer, control algorithms, -the microcomputer network architecture, and communication protocols are discussed.

Jan 1, 1989

By C. E. Zebula, F. F. Aplan, R. S. Datta

The hydrophobicity of oil shale was found to follow the sequence R-5 > Mahogany >> Eastern. Further, hydrophobicity was found to correlate with the total organic carbon (TOG) content, decreasing with increasing specific gravity of raw oil shale pieces. Differences in hydrophobicity from piece to piece indicate that gravity preconcentration would be much more effective for Western than for Eastern oil shales. Purified kerogen concentrates and low specific gravity fractions (<2.0) of raw Western oil shale samples show critical surface tension of wetting values of [y]c = ~35 mNm -1, and for a kerogen concentrate from an Eastern oil shale [y]c = ~46 mNm-l. This infers that dust from oil shale mining operations can be suppressed by surfactant solutions similar to those used to suppress coal dust.

Jan 1, 1988

By Donald D. Haas

This presentation will discuss a mine owner&apos;s evaluation to utilize a contract miner in the development and production of gold properties. I will address both the quantitative and subjective aspects of the evaluation process. The quantitative aspects include cost evaluation, capital preservation, acquisition and disposal of new and used equipment, administrative costs, recruiting and training, and organizing a staff and craft labor force. The subjective areas of this discussion include corporate philosophy, administrative concerns, contractor competence, loss of owner control, operating flexibility, financing assistance, recruiting and training program utilization and risk reduction. The evaluation of alternatives provides a system for comparing, on a cost basis, an owner/operator system vs. a system using a contract miner. The supplement provides a concept on how a contract miner may be the cost effective system to be utilized.

Jan 1, 1989

By M. R. Fletcher

Slags generated by the ferrous metals industry can he used to produce high-value ceramic materials. The properties of these ceramics can be controlled by judicious choices of composition, additives, and processing parameters. Standard methods of materials handling, such as comminution and mixing, are as applicable to slag as to any other mineralogic raw material. In this study, foundry slag was ground, homogenized, melted, and, formed to produce a glass, and then heat treated to crystallize it into a high-strength glass-ceramic. The product shows promise as a low-cost, wear-resistant tile material that (-an he custom cast. This and similar materials made from slags and natural rocks are candidates for use as construction materials, acid-resistant piping, shock-resistant sheathing, rot-proof pilings, and, when foamed, even as pontoons.

Jan 1, 1990

By Graeme Lyall, Oy Leuangthong, Clayton V. Deutsch

There are many variables to consider in the evaluation of nickel laterite deposits including the concentrations of nickel, iron, silica, and magnesia. These variables show complex relationships with each other such as mineralogical constraints, non-linear correlation, and heteroscedasticity. The complex multivariate relationship between the variables cannot be reproduced by conventional Gaussian or indicator geostatistical techniques. We introduce the stepwise conditional transformation method as a pre- and post-processing multivariate transform for the stochastic simulation of a nickel laterite deposit. Transformed data are multiGaussian and independent at h = 0; thus, cosimulation can be avoided after verification that variables are independent at all lag distances. Back transformation restores the features of the input multivariate distribution to the simulated realizations. The complex multivariate correlations are reproduced and sensitivity issues are addressed.

Jan 1, 2002

By K. Morsy, S. S. Peng

A new method of pillar stability evaluation was proposed. The unique feature about the method is that it estimates two types of stability factors for the pillar. The first stability factor is to measure how much the applied stress at that point is smaller than its strength, and the second stability factor is to predict whether or not the pillar will fail violently. The strain-softening behavior of coal pillars was simulated by the Drucker-Prager yield criterion. A new algorithm that simulates the strain-hardening behavior of the gob was used. A numerical technique to estimate the local mine stiffness (LMS) was introduced and verified by both numerical and analytical methods. A case of massive pillar failure in a room-and-pillar mine was used to define the stability limits for the proposed method.

Jan 1, 2003

By Donald Ross-Watt

Mining project investment concerns the installation of mine capacity for the purpose of generating a stream of future economic benefits. In order to make this type of investment decision, the optimum specifications for the project must first be determined. Then, the economic justification of the investment tin be evaluated based on these specifications. Economic evaluation to guide mining project investment decisions is based on a proposed plan for mining the deposit over its operational life. If single point estimates are made of deposit characteristics and environmental parameters* as the basis for assessing a future stream of economic benefits associated with the investment, a future mining-plan can be optimally fitted to these estimates and, to the extent that such estimates are actually realized, this plan will retain optimality.

Jan 1, 1979