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By J. R. Parry

Over the past several years, computerized financial models have been an important part of Newmont's strategic planning process. Two applications will be discussed in this paper: a general purpose financial model of Newmont, and a detailed operational/financial model of Magma Copper Company. Newmont?s general purpose financial model was developed using Lotus 1-2-3. It was designed to aid management in assessing the financial consequences of investment and financing decisions associated with long-term strategic planning by simulating the consolidated effect from individual transactions. Not only is the model capable of assessing the sensitivity of specific decisions to changes in the external economic environment (i. e., commodity prices, interest rates, inflation and exchange rates), it can also evaluate the effect from operating and financial decisions, including changing production levels and cost structures at individual operating units as well as simulating several types of transactions, including equity and debt issues, acquisitions and divestitures. The analysis of Magma Copper Company required the development of a detailed operating and financial model of the Company. The model was developed using IFPS in the corporation?s UNISYS (then Burroughs) B7900 mainframe computer and included separate pro forma financial statements for each of San Manuel-Pinto Valley's mines and concentrators, as well as Magma's smelting and refining operations. The outcome of this analysis was the decision to merge Magma Copper and Pinto Valley Copper Corporation, and to recapitalize the new corporation in order to provide funds for a retrofit and expansion of its Arizona smelter and expansions of its refinery and SXEW facilities.

Jan 1, 1989

By Heribert F. Broicher

As of 1998 German companies have been engaged in research and development of LIF analyzers for rock identification, i.e. for the fingerprinting of rock by the analysis of laser-induced fluorescence (LIF). Test work in Germany, Sweden and South Africa showed the potential of this new technique, which operates online and in realtime (1). In 2003 the Finnish company IMA Engineering Ltd Oy commenced building and marketing LIF analyzers under the trade name OreSpex. Today, one OreSpex analyzer has been installed in the Kiruna Mine, Sweden to check the phosphorus content of train loads. In 2004 a second OreSpex analyzer was built for dilution control in the Argyle Diamond mine, Australia. In 2005 another LIF analyzer will be used for test work in various mines in the US. The principles of the technology and status of ongoing work are presented.

Jan 1, 2005

By Melvin W. Kraschnewski

In 1966 Central Ohio Coal Company and Bucyrus-Erie signed a contract authorizing Bucyrus-Erie Company to design and build a 220 cubic yard dragline. This dragline would be used for stripping overburden from their coal reserves located near Cumberland, Ohio. The size of the machine was arrived at after a thorough application study of their annual coal output requirement, depth of overburden and type of terrain. The design and construction of this machine which has been designated by BECO as model number 4250-W is the title of this paper. Size wise based on machine weight the 4250-W represents an increase factor of three over our largest current dragline. Probably the easiest way of presenting a machine of this size is to build it from the bottom up.

Jan 1, 1969

By S. K. Sahoo, S. K. Sharma, U. K. Singh, G. S. P. Singh

This research focuses on the strata control issues in a Bord and Pillar depillaring working under the influence of dead load condition of voluminous and fragmented softcover of overburden dump material. It reports the modeling of a mine working through the FLAC 2D software under the Indian geo-mining conditions. The modeling results of an actual mine working under softcover were compared with that under the intact overburden condition to assess the influence of the soft overburden over the depillaring working. The modeling work involved progressive caving of the strata and the cyclic goaf filling following the modelsimulated occurrence of main fall and periodic caving. Mohr-Coulomb Failure criteria along with a simplified strain-softening (MCSS) model was used to study the failure and caving mechanism. Salamon’s compaction model was used to simulate compaction and resultant stress recovery in the goaf material. Comparison of the model findings was done in terms of load on supports, abutment stress, and convergence, apart from the stress redistribution and failure mechanism. The load transfer mechanism of the soft overburden was also studied for an overall understanding of the strata behavior in such workings.

Jun 16, 2020

By H. R. Thompson

The Grant Town Power Plant is a nominal 80 MW (net) Waste Coal-Fired Electric Generating Plant which is located in northern West Virginia, approximately 15 miles southwest of Morgantown. The Steam Generator consists of two (2) Pyro-Power Circulating Fluidized-Bed Boilers (CFB), each rated at 400 000 lbs/hour @ 1,350 psig. Main Steam. The Turbine Generator is a single GEC Ahlstrom unit rated at 95 MW gross and 80 MW net. The Plant began commercial generation during April, 1993. The facility is owned by American Bituminous Power Partners, L.P. (AmBit), and operated by Mission Operations and Maintenance, Inc.

Jan 1, 1996

By Baolin Qu, Jingxin Wang, Cuncang Xu, Bing Wu, Mingyu Zhong

With the development of the coal mine regulation regime, the situation of coal mine safety production in China has continued to improve. However, coal mine accidents have not been fundamentally eliminated; constantly learning from historical accidents can make mining work safer. Therefore, to better understand the coal mine accident characteristics, this study analyzes the tendency of coal mine safety accidents from multiple perspectives, among which all accidents after the establishment of the State Administration of Coal Mine Safety in 1999 are the top priority. The results show that strict national policy, technological progress, and reasonable coal prices are conducive to the safe development of mines. On the contrary, high-intensity centralized production will lead to frequent accidents in the peak season of coal production. In addition, the type of coal mine ownership will have an indirect impact on the occurrence of coal mine accidents. The research results not only play a positive role in the prevention and control of coal mine accidents in China but also have reference meanings for the safety production of coal mines in other countries in the world.

Dec 28, 2022

By G. A. Irdi

An automated method of microscopy for determining the pyrite size distribution on two base coals that were crushed to 28 mesh x 0 has been developed. Polished epoxy-bound coal pellets were prepared and examined by a Zeiss IBAS image analyzer utilizing a program developed from provided software. Pyrite size distribution determination is considered a necessary first step in pyrite characterization that could lead to successful predictions, by microscopy, of a coal's theoretical pyritic sulfur removal. Our research efforts to date have indicated that the IBP-S can be a reliable instrument for determining pyrite size distribution in crushed coal. A program was also developed to convert pyrite size data to a weight basis for comparisons to the results from chemical analyses. The problems encountered in our research and their solutions will be presented in the discussion.

Jan 1, 1986

Column flotation cells continue to gain acceptance in the coal industry for the treatment of high-ash streams containing clay slimes. Unfortunately, some industrial installations have failed to meet expectations due to improper scale-up, incorrect operation and poor ancillary circuit design. To overcome these problems, case studies have been conducted to fully define the capabilities of column cells for coal applications. These data have been used to develop generic engineering guidelines for column circuit design and operation. An economic analysis has also been conducted to illustrate the importance of key capital cost considerations. These analyses indicate that column cells are significantly more expensive than conventional machines, although this difference can be greatly reduced through the installation of very large-diameter columns.

Jan 1, 1999

By T. BACHMANN, G. SHAPLAND, E. Amini, N. BEATON, M. BECERRA

In this study, several methodologies to manage low grade and often competent portion of the ore have been proposed and tested in lab, pilot and operational scales. Relevant to this subject, the Cooperative Research Centre for Optimising Resource Extraction (CRC ORE) has developed Grade Engineering® (GE) concept to modify feed streams by rejecting the low grade and possibly hard components in the stream at the early stages of a value chain. Application of GE requires to understand the impact of the process on the value chain as they are value modifiers on in situ opportunities. Traditional modelling approaches and tools do not have the ability to run the analysis in a block model scale with high fidelity in an integrated value chain. Integrated Extraction Simulator (IES) in conjunction with sophisticated analytical tools such as a neural network (NN) was used to develop and reconcile a fully integrated value chain. The value chain model makes it possible to run all available blocks in the Geomet block model, which could be several millions, under possible scenarios for Grade Engineering for economic evaluation analysis and mine planning.

Sep 16, 2020

By G. K. Wilson

This paper will discuss some of the more important aspects to be considered when selecting pumps for mill discharge, cyclone feed or other severe-duty applications Included will be the selection of the pump based on such factors as particle size, particle distribution, head, flow, temperature and pH Other specifics to be covered: The relationship of impeller speed, head and wear factors as they affect pump performance and wear life; the importance of selecting a pump whose performance curve best suits the application; and how the addition of service factors applied to the actual operating conditions can lead to severe operational problems such as premature wear, pump running out on curve, and exceeding horse power limitations.

Jan 1, 1996

By Clément F. Bernier

One of the chief sources of the world's supply of asbestos lies in a belt of ultrabasic rocks which runs northeastward through an area called the Eastern Townships, south of the St. Lawrence River in the Province of Québec. The productive portion of this belt extends from the town of Asbestos in the south, for a distance of some 9,5 km to beyond the village of East-Broughton. The first discovery of asbestos in this region was made in 1874. Only crude fibre was produced until 1888 when the first mill was erected near the town of Black Lake. Since the inception of the industry, almost 100 years ago, no less than 100 different compa¬nies have been formed and 46 different mines have been operated. There are presently 5 active companies in the area providing direct employment for 4100 workers, down from 6000 during the seventies.

Jan 1, 1984

By T. N. Andersen

The history of gold and silver analyses shows an interesting duality. On one hand, classical chemical and instrumental methods have evolved to meet changing needs, but on the other hand, the age-old and somewhat empirical fire assay has remained a popular tool. Inasmuch as gold and silver generally have been present in ores at low concentra¬tions, methods have been challenged by a need for sensitivity and selectivity coupled with reasonable assay time. A progressive increase in the importance of low grade materials as ore sources has led to the need for improved methods. Assays of these materials are required for process control and accounting in operating plants as well as for guiding research and development activities. The analytical response to these needs is evidenced by numerous reviews published through 1977-¬e.g., cf Kolthoff and Elving (1966), Beamish and Van Loon (1966, 1972, and 1977), Young (1971) , Mallett (1970), and Sen Gupta (1973). In this paper we present a brief sketch of the history and status of various gold and silver methods. A more detailed summary of atomic absorption spectroscopy (AAS) is Given, as this method has gained in popularity more than other assay methods. AAS methods currently in use are summarized and discussed briefly. This paper is not meant to be a detailed review, as are the above mentioned publications. Rather, we borrow from those works and more recent papers to report trends in gold and silver analyses (particularly in AAS). Also, we discuss some selected poten¬tial problems, and problems that have been experienced by this laboratory.

Jan 1, 1981

By George R. Huebner

The White Pine Copper Company, subsidiary of Copper Range Company, is located in the Upper Peninsula of Michigan. The offices, plant, and mine are six miles south of Lake Superior in Ontonagon County. Employing 1700 people, White Pine is the largest single industry in the Upper Peninsula. 970 underground employees produce 16, 700, tons of ore daily. From this tonnage 363,400 pounds of refined Lake Copper are produced in various shapes as specified by the customer. The following paper explains the geology of the ore body and briefly outlines present mining methods. It enumerates the reasons for considering longwall mining of a hardrock* ore body and the preliminary investigations leading to the decision to undertake the initial test panel. Selection of the initial test panel location is covered in detail. Equipment choice and reasons for that choice are described as well as selection and training of personnel.

Jan 1, 1964

By V. A. Evans, D. L. Hellier

Introduction Preparing a report on fluorspar economics in the US could have been somewhat complicated at one time. This was because the number of producers, both large and small, derived production from different locations through-out the western US and the southern Illinois and western Kentucky fluorspar districts. Companies, such as Allied Chemical and Williamson Mining, operated in the Jamestown district of Colorado. In Walden and Salida, CO, the Colorado Fluorspar Co. operated mines and mills. In New Mexico, both Du Pont and Allied had mines and mills. In the Illinois-Kentucky district, US Steel, Rosiclare Lead and Fluorspar, Minerva Oil Co., and Marathon Oil all produced spar for the US market. Now all of the companies are out of the fluorspar business and, with the closing of the Seaforth Mineral Co.'s Inverness Mining Co., only Ozark-Mahoning Co. survives as a domestic producer. History Ozark-Mahoning Co., as it now exists, was formed in 1946 by the merger of Ozark Chemical Co. and Mahoning Mining Co. Ozark Chemical Co. was started in the 1920s to produce sulfuric acid for two refineries located in Tulsa, OK. Mahoning Mining was originally formed by the founders of Ozark Chemical Co. and the Youngstown Sheet and Tube Co. to produce fluorspar and associated minerals from properties in the southern Illinois and western Kentucky fluorspar district. In 1937, Mahoning Mining started an exploration program, employing contractor-operated churn drills to look for reserves in Hardin and Pope Counties in southern Illinois. Based on known reserves in the area and the results of the exploration program, work was started in the fall of 1938 to build a selective flotation plant at Rosiclare, IL. The mill was completed and put into operation in August of 1939. The company's first mining efforts were in the Cave-In-Rock district just north of Cave-In-Rock, IL. The deposits in this area were of the Manto or bedded type. They have been the mainstay of the company's operations in the Illinois-Kentucky fluorspar district. In 1950-51, the company expanded its operations by purchasing fluorspar properties from Colorado Fluorspar Co. at Walden, CO. This location was operated from 1952 through 1958 and from 1968 through 1973 when it was closed permanently. In 1974, Ozark-Mahoning Co. was purchased by Pennwalt Corp. Presently, it is a wholly-owned subsidiary of that corporation. As the only major domestic producer of fluorspar in the US today, the company's ability to survive under the flood of imported material is directly related to the four major segments of its operations. These are: exploration, mining productivity, maintenance, and marketing. All are done in-house. Exploration The Southern Illinois fluorspar district is located in the most complexly faulted area of the central US. The formations are sedimentary in nature and range in age from Devonian through Pennsylvanian. The deposits are small, they range in size from a few thousand tons up to 900 kt (1 million st), with the average minable deposit being around 544 kt (600,000 st). The ore occurs in both nearly vertical vein deposits and in Manto or flat lying bedded deposits. Due to the relatively small size of the deposits and the depth at which they occur, a good low-cost exploration program is essential to ensure that new finds of ore are equal to the mining extraction rate. Ozark maintains a leased land position in Pope and Hardin Counties that will fluctuate somewhere between a low of 40 km2 (10,000 acres) up to a high of 129 km2 (32,000 acres), depending on total size of tracts leased. Most all lands are obtained through a standard lease purchase option, with a small minimum royalty per acre during the normal 10-year option period. All leases are standard and without deviation to control land cost. All land leasing is done through Ozark's geological staff, who also

Jan 11, 1986

By Jeffrey C. Reid

Computer processing and high resolution graphics display of geochemical data were used to quickly, accurately, and efficiently obtain impor¬tant decision-making information for tin (cassiterite) exploration, Seward Peninsula, Alaska (USA). Primary geochemical dispersion patterns were determined for tin-bearing intrusive granite phases of Late Cretaceous age with exploration bedrock lithogeochemistry at the Kougarok tin prospect. Expensive diamond drilling footage was required to reach exploration objectives. Recogni¬tion of element distribution and dispersion patterns was useful in subsurface interpretation and correla¬tion, and to aid location of other holes. Tin was its own best pathfinder. Arsenic, also a useful pathfinder element, forms a discrete halo peripheral to tin mineralization. The arsenic halo is expressed in hand specimens by asenopyrite and/or scorodite staining.

Jan 1, 1989

By M. Li, J. D. Miller

It has been discovered that water insoluble alcoholic solutions of alkyl hydroxamic acids serve as selective collectors for the flotation of phosphate mineral resources (Miller et al., 2000). The effectiveness of the new collector chemistry has been demonstrated by the results from single stage bench scale flotation experiments for feed material from plants in Florida, North Carolina, and Utah. In the best case, from experiments with low grade (5% P20,) coarse feed (16 x 35 mesh), a single stage phosphate recovery of 95% was achieved with a concentrate grade of 31% P20,. Such a separation efficiency could not be achieved using the traditional fatty acid/fuel oil collectors as is evident from a comparison of the respective grade/recovery curves.

Jan 1, 2002

By Chinmoy Sarkar

Mining organizations have been trying to employ best practices at exploration, exploitation and processing level to increase productivity in the supply chain. Traditional techniques of cost control can no longer meet the ambitious target of mine managers. An integrated perspective of Mining Value Chain with enterprise-wide application of information technology (IT) ensures the ability of every mining processes to improve energy, land, capital and labour resource performance while continuing to cut costs and achieve profitability. IT offers enormous potential in mining industry at shaping entirely new opportunities to create value. This paper characterizes important entities of Mining Value Chain and attempts to provide a vision on how IT can transform the mindsets of industry managers addressing the needs of the customers.

Jan 1, 2002

By Cheryl M. McInnes, Graham J. Sparrow, James T. Woodcock

Three composites, assaying about 3 g/t Au and 0.75% Cu, were investigated. Each contained oxide copper minerals, iron oxides, and silicates. One composite also contained copper and iron sulphides. Maximum gold extractions by thiourea leaching were obtained after copper removal by acid pre¬leaching at pH 1.5 and redox potentials of 400 mV (Pt versus SCE). Best thiourea leaching conditions were pH 1.5, redox potentials over 200 mV, and 0.4% thiourea. This gave 90% gold extraction in 2 h with thiourea consumptions of 25 kg/t. Lower potentials gave poorer extractions. Ferrous iron additions before leaching halved thiourea consumptions. Longer leach times and the presence of sulphide minerals sometimes resulted in reprecipitation of gold.

Jan 1, 1989

By Parris A. Lyew-Ayee

This paper is the first preliminary report on the bauxites and terra rossas of the Caribbean. It concentrates on the islands of the Greater Antilles, and for reference purposes the Yucatan Penin- sula is included. At this point, observations made in Jamaica, Haiti, and the Dominican Republic are compared with reported information on Puerto Rico, the Bahamas, Cuba, the Cayman Islands, and the Yucatan Peninsula with regard to occurrence, as well as physical, chemical, and mineralogical composition. From this, an attempt is made at classifying the types of bauxites in the Caribbean, indicating the best reserves estimates, and the process ability of these bauxites. Some suggestions are also provided to fuel the controversy over the likely source material(s) or origin of the Caribbean bauxites.

Jan 1, 1984

By Albert L. St. Peter

The "Old Reliable" four million pound blast in March of 1972 marked the opening, as far as is known, of serious efforts to commercialize the In Situ concept. That was a coyote shot, and it was followed by three blasts at McAlester Fuel's "Zonia" operation which were surface hole shots. As the only individual who had a principal part in all four shots, it seems to be appropriate to present experiences in the developments and evolutions of the in Situ method of ore extraction. Some of the problems will be described, along with proposals for management of such projects in the future.

Jan 1, 1976