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By J. M. Christian

Silver has been a much maligned metal in recent years. In the last three and a half years the price has fallen from around US$7.00 -$7.80 to as low as $3.50 this spring. It has consistently under-performed most other precious metals in the past few years, and has fallen to its lowest levels since the late 1940s in inflation-adjusted terms. Perhaps this is beginning to change. Since April, silver prices have outperformed gold and platinum. While this may continue in the years ahead, key questions remain regarding the pace and timing of any future silver price advances. I want to talk about the supply and demand factors that have led silver to its recent position. Also, I will outline a possible path for silver supply, demand, and prices for the next several years. Before I dive into my discussion of the silver market, allow me to explain who I am. One of the points we always make to clients early in a relationship is that, when you are listening to someone's opinions, you always must remember who it is you are listening to, and why he might be saying whatever it is he wants you to hear. So often, people take opinions from brokers, traders, or investment advisors as gospel truth, never stopping to ask themselves two key questions: Is there any reason to believe that this person knows what he is talking about, and, second, is he trying to sell me something, in telling me this.

Jan 1, 1992

By A. Delgado-Jiménez, O. J. Restrepo-Baena, G. Aristazabal

"Mining industry as a source of raw material is essential to society however, it lacks of good reputation due to the type of management historically applied to many of its social and environmental impacts. It is argued that this situation has hampered the obtaining of social license to operate of a lot of mining projects around the world. The last considerations are very common in Latin American countries. As a result, the mining sector has understood that the viability of the business long term is associated with more profit for the shareholders but also with activities that improve the livelihoods of local communities, enhance the capabilities of local governments and preserve the ecosystems around the projects. Nevertheless, recent studios have shown that most of the current advances to incorporate sustainability concepts in mining have been mainly focused on control and the prevention of environmental and social impacts of extractive activities. Thus, contributing to the development of territories around mining projects constitutes a fundamental aspect of the business competitiveness through reducing cost and risks of stopping projects, innovating new ways of relationship with stakeholders, improving the level of reputation of the industry as well as its position in the market. However, this contribution requires formal strategies and models that enable companies understand the different resources in the territories where their mining activities are developed and those resource transformations, in order to establish the best way to articulate the project with the territory, pursuing an effective contribution to its development, truly sustainable over time even after the mine closure. CONTEXT Currently in the world but especially in developing countries such as Latin Americans, different stakeholders are increasingly vigilant of how mining companies carry out their activities in terms of socio-economic and environmental management of territories, not only for its impact on the livelihoods of the communities that inhabit them, but also because many demanders of raw materials -both countries and companies- have set sustainability standards as a prerequisite to establishing business relationships with mining companies, such as the recently declared Sustainable Development Goals by 2030 (UN, 2015). Accordingly, decide underinvest or not to invest in sustainability issues carries risks for mining companies. However, invest much in the wrong way may involve the same risks. Managers are concerned to ensure profits, and therefore they decide carefully how to invest in the areas of production, R & D or marketing. Likewise, they should think strategically about investing in initiatives related to sustainability. This if they really want that those investments in fact help to improve the competitiveness of the company. The mining industry benefits from natural capital that extracts, so it should implement strategies that lead to remunerate such benefit to the territories (Almaguer, 2007). One option is through the transformation of natural capital in other types of non-existent capital or poorly developed in their areas of influence. In this way, the value generated by the extraction of underground resources is shared and additionally contributing to improving the quality of life of the communities. Historically, mining industry has been into several problems to achieve this, which represents one of the aspects that has most influenced the current reputation of mining industry in some regions of Latin America. Many communities, local governments and civil society organizations continue to associate this activity with the destruction of the social fabric and ecosystems in the territories, and their opposition against companies working in the areas has led to affect the operational continuity of many projects (Hamann, 2003; Prno and Scott, 2012; Slack, 2012)."

Jan 1, 2017

By T. Weatherwax, A. Rai, J. Poor

"This paper provides an overview of the current use of auxiliary ventilation products and the challenges with limited air quantity in dead-end entry or working faces. The PVC’s low frictional factor, low physical constraint and minimum leakage properties were ideal to develop as ventilation duct in conjunction with the concept of ""Made in the US and Used in the US"". The PVC duct supports the operational and total cost of ownership with on-going success. This paper will discuss the continuous improvement made in ventilation ancillary products for optimum results. The paper will also cover mine site usage of second generation PVC vent duct underground and the results from the operational and technical side making a difference in health and safety and overall auxiliary ventilation. INTRODUCTION The Barrick Turquoise Ridge Inc. (TR) is located in northern central Nevada, and is situated within the Basin and Range province, near the northeast end of the Osgood Mountains (see Figure 1). The TRJV mine consists of typical Carlin type- gold mineralization characterized by low strength rock of altered limestone, siltstones, and mudstones. The weak nature of the ground facilitates the need for underhand cut and fills mining methods.Mining Method; Underhand cut and fill: The mine uses underhand cut and fill method which has 12’x12’ and or 14’x14’ top cuts with several different size undercuts. The ore body is accessed off of a secondary tertiary heading, utilizing a heading with a cross section of 14W x 14H or 15W x 15H configuration. In the wider and more massive zones, two headings in a production panel may be worked at any one time. Drift round lengths are determined by the ground conditions and drift dimension. An example of a typical topcut and associated undercut layout is shown in Figure 2."

Jan 1, 2016

By C. H. Bucknam

An interlaboratory testing program was undertaken in support of an ASTM standardization program for simultaneous combustion-infrared analysis for carbon and sulfur in ores and related materials. Statistical analysis results from the study are used to generate the within-laboratory and between-laboratory precision data needed for standardization of the methods. The interlaboratory precision statistics are also interpreted to estimate the uncertainty in calculation of net carbonate value classifications using a simplified quantitative risk analysis technique.

Jan 1, 1998

By A. L. Hornbaker

Management of mineral resources through land-use planning procedures is not a new concept, particularly at the local level of government. Colorado may well be one of the first states, however, to vigorously attempt to evaluate on both the state-wide and regional basis, mineral resource potential and to make certain that potential for mineral resources is included as one of the primary factors considered in the local land-use decision-making process. Less than a decade ago the only consideration given to mineral resource extraction, particularly aggregate resources, was whether or not they could be produced at the particular time they were needed. This attitude has now shifted to the other extreme, not only in Colorado, but other states as well, so that other interests, especially housing projects, mountain subdivisions, recreational and wilderness areas are gaining prime consideration in land-use decisions. Ideally, in a more acceptable median position, mineral resource potential would receive definite consideration at the local level.

Jan 1, 1977

By James N. Brentz

This paper deals briefly with the problem of efficiently selecting the most cost effective haulage truck. Problems and factors are identified that effect productivity and operating cost. Despite the sophistication of computerized vehicle simulation programs, there is a wide disparity in accuracy and methodology, particularly in dealing with the various elements of cost.

Jan 1, 1984

By Apostolos Vrakas, Georgios Anagnostou

"INTRODUCTION The small strain assumption routinely made in tunnel analyses remains sufficient from an engineering point of view as long as convergences do not exceed 10%. More specifically, small strain theory assumes that deformations are so small (in relation to the size of the underground opening) that any geometric change in the continuum can be disregarded (Fig. 1a). In fact, however, the geometry is updated during loading (or unloading) according to large strain theory and thus equilibrium and stiffness are evaluated on the deformed configuration of the continuum (Fig. 1b).In problems involving large deformations, where the undeformed and the deformed tunnel geometry differ significantly, small strain theory leads to erroneous and sometimes even nonsensical results (i.e. it can predict wall displacements even greater than the excavated radius under conditions of very low stiffness and strength, high in situ stress and low support pressure). This can easily be verified from the widely applied relationships for the ground response curve. For example, in the ideal case of linearly elastic behaviour, the convergence of an unsupported opening equals (1+?) s0 / E (where E, ? and s0 denote the Young’s modulus, Poisson’s ratio and initial isotropic stress, respectively) and is greater than 100% for E < (1+?) s0. Although convergences are less than 10% in the great majority of tunnelling projects, very large deformations may take place when tunnelling through weak rocks under a high overburden (Fig. 2). This paper will first present a very simple and practicable way to account for large strains, based entirely on the results of routine small strain analyses, and will subsequently show the importance of addressing large strains in tunnel analysis and design with reference to three typical case studies of tunnelling in squeezing ground."

Jan 1, 2016

By W. L. Hollinshead

For more effective and cost saving production in tunnels, the machinery used on construction sites will be equipped with guidance systems combined with working procedure management systems. This paper describes sensors for these systems and various system configurations. A project is described which uses a computerized guidance system on an underground mining machine for guidance and profile control.

Jan 1, 1999

By R. Adams

Zirconium is the 20th most abundant element in the Earth?s crust and it most often occurs in the form of silicate (as zircon), less often in the oxide form (as baddeleyite or caldesite). Historically, the world?s production of zircon was entirely derived from mining and processing beach sands or heavy mineral sands that were being exploited primarily for their titanium content, i.e., to generate TiO2 feedstocks that would be used for making titanium pigments and, to a lesser extent, titanium metal. Zircon was then regarded as a byproduct, with the sharply fluctuating prices typical of a commodity where the supply is essentially involuntary and not truly responsive to market demand. However, in recent years, zircon has shown considerable mining investment appeal in its own right. Projects have been planned ? and some have already come to fruition ? based mainly on the zircon potential of the deposit. Booming Chinese demand for zircon to meet the requirements of the ceramic and zirconium chemical sectors has been a major factor causing zircon prices (f.o.b. Australia) to surge from US$674/t ($611/st) at [ ] the end of 2005 to beyond US$2,400/t ($2,177/st) by the end of 2011.

Jan 1, 2012

By William Gleason

"Caterpillar is the largest manufacturer of mining equipment in the world. In hundreds of surface mines around the globe, Caterpillar’s flagship 793 haul trucks can be found moving material for copper, coal, gold, iron ore and other mines. Likewise, its iconic yellow bulldozers are at mine sites the world over — the company recently announced the sale of its 40,000th large dozer. And since its acquisition of Bucyrus in 2011, Caterpillar has positioned itself to become a worldwide leader in the underground mining sector as well.But don’t think that the company is resting on its reputation. As evidence of its commitment to the global mining sector, as well as its confidence in the future of mining, Caterpillar invited mining trade press, including Mining Engineering, to its Tinaja Hills Training Center near Tucson, AZ in November to introduce the latest editions to its mining portfolio. The two-day event focused mostly on the newest electric drive haul trucks, the Cat 796 AC, which will operate in the 326-t (360-st) class, and the 798 AC in the 360 t (400 st) weight class.Caterpillar representatives also spoke about new offerings in the underground space as well as the newest version of the D11 large dozer.“It has been 10 years since we launched the F Series,” Jean Savage, Caterpillar’s vice president, surface mining and technology said. “Since then, we have been on a journey to serve our mining customers and we wanted to have trucks in every application. Today, we are launching two new trucks that will allow us to fill out our portfolio.”While Caterpillar previously offered the broadest range of off-highway haul trucks to the mining industry, it was noticeably absent from the 326-t (360- st) and 360-t (400-st) weight classes."

Dec 1, 2018

By Malcolm T. Wane

The subject matter of this paper, "Applied Rock Mechanics?," has its genesis in a recent field trip taken by the author. A more or less standard question asked at the mines visited was "How are you using the principles of Rock Mechanics to assist you in maintaining an efficient, safe, and competitive mining operation?" The question was couched in a number of different forms, but the intent was to determine whether or not a general theory based on reason and the scientific method was applied or whether the alternatives of tradition, intuition, ?common sense&apos;, revelation, ?shotgun methods&apos; or authoritarianism were invoked. Perhaps two responses to this query will be illustrative of the general nature of the replies. At operation XYZ an extension to the known ore body has been found. The extension is of large enough size and grade that a mining scheme using load-haul-damp techniques is envisaged. Since this represents a departure from the present mining scheme, questions have arisen regarding pillar sizes, room and entry sizes and possible support requirements. A task force has been set up to expeditiously plan for these things and write the necessary specifications and requirements. The fundamental question was posed to members of this group.

Jan 1, 1971

By E. Pizarro

Division Andina has considered in its long range planning, the exploitation by panel caving method of "Third Panel" mine, which was started its production stage during the second half of 1995. This mine has two production levels, the first is grizzly level and another is L.H.D. level. Both sectors use the same haulage level where mineral is recollected through ore pass. For mineral loading and haulage its use 50ton diesel trucks combined with electro-hydraulic chutes. The automation has permitted what this operation is carrying out with remote control by driver&apos;s truck, in concordance to short range planning.

Jan 1, 1998

By Peter N. Calder

The selection of a slope angle for an open pit in rock has often been made without the benefit of a comprehensive engineering study. This is largely due to the fact that the hardware and procedures necessary for such a study have not been available. Recently this situation has been reversed. The application of borehole television and terrestrial photogrammetric devices has made possible the accurate determination of rock joint structure, on which stability calculations can be based. Another important aspect is the evolution of practical methods of conducting in-situ rock joint strength tests.

Jan 1, 1971

The global mining industry will always face significant challenges. Some, though, are bigger than others. What do you consider the major challenges facing the mining industry as a whole and SME in particular? Without a doubt, the major issue in both coal and metal/nonmetal mining industries is the ?graying? of the workforce in all aspects of mining. As the baby boomers continue to age, valuable experience is being lost by industry, government and academia. And there is the potential for SME to lose some of its membership. Now with that said, I should note that, despite the aging of the workforce, SME membership continued to grow by 7.1 percent during 2011.

Jan 1, 2012

By Bill Dershowitz

Consider a deep gold orebody with grade of 4 g/t (0.11 oz/st). At the time of this writing, with gold prices at historic highs, it could be a good, but not great, prospect. But if it is a vein deposit, and those veins are 200 g/t (5.8 oz/st), it would be significantly more attractive if there was a way to produce directly from those veins, leaving the rest of the rock in place. [Figure 1 The red around each of the four injector wells shows areas of high pressure, where the lixiviant fluid is pumped into the rock mass, with orange and yellow indicating dissipated pressure. The black lines indicate some of the fracture pathways through which the lixiviant, with absorbed metal, flows toward the central recovery well where low pressure is indicated in blue. Lixiviant is pumped out through the recovery well. Image courtesy of Golder Associates.] There is a way to do this, in situ leach (ISL) or solution mining. It has been a viable commercial technology for more than five decades.

Jan 1, 2011

The current understanding of the mechanics of rock fracturing during smooth blasting is largely empirical and qualitative due to an inability to model the dynamic process at the fundamental level. In order to overcome this difficulty, a numerical simulation of smooth blasting is performed using the Dynamic Lattice Network Model. This model is capable of simulating material inhomogeneities and the dynamic evolution of fragmentation at the micromechanical level. In this study, smooth blasting techniques are numerically analyzed to characterize the development of the damage rock zone during explosive fracturing.

Jan 1, 1995

By Francis Martino

Just as coal producing mines are faced with various handicaps which control the quantity of coal produced and sold, the subsequent user of that product is faced with parameters that impact the optimum utilization of coal. Traditionally, the industry focused on the quantity of mineable coal in a reserve. The mine planning development was primarily concerned with two important criteria: (1) safety and (2) the productive efficiency in a quest to produce the lowest cost coal.

Jan 1, 1982

Maximizing margins in competitive markets demands superior productivity. Unfortunately, management systems developed early this century for other industries often drive counterproductive behaviors choking mining productivity. Many executives and managers waste valuable time and effort relying on simply training and communicating to improve managerial practices and attitudes. In covering practical human behaviour, the paper explains why this fails -and explains how to use systems to successfully drive improved managerial practices and attitudes. It highlights use of modern performance Measurement, Analysis and Reporting systems to drive behaviors and improve margins -without capital investment -and make executive and managerial work easier and more effective.

Jan 1, 1999

Mining was the first economic activity carried out in Cuba, by the colonial conquerous, i.e. gold extraction from rivers and use of asphalt to calk their ships; however, due to different historic reasons only a limited development took place in this field during the colonial domination. During the republican period beginning early in this century, other interests lead to a larger scale exploitation of some known deposits. From the beginning of the century up to the triumph of the Revolution in 1959, not less than the following figures were extracted of some Cuban minerals: Refractory Chromium 3,300,000t Manganese 7,650,000 t Copper 9,000,000 t Iron 22,000,000 t Nickel 150,000 t (Ni oxide and sulphide These productions were practically directed to cover the demands of the U.S., industry and some-times these Cuban ores were almost the sole suppliers of the market.

Jan 1, 1978

Dravo Corporation was founded in 1891 and has long been recognized as a major domestic engineering and construction firm headquartered in Pittsburgh. In 1977, Dravo had revenue of $852.2 million with international business activities contributing $248 million; quite a different picture than envisioned at the turn of the century. Engineering and construction activities still dominate Dravo&apos;s most recent history and will do so for the immediate future. However, fluctuations in capital spending by large industrial sectors of our economy during the late sixties were affecting Dravo&apos;s planning for continued growth along its traditional lines of business. Diversification was a possible solution to smooth out the upward trend in corporate earnings. One large result of these continuing efforts was the formation of Dravo Lime Company, a vertically integrated, proprietary chemical supplier for the air pollution control market. Briefly retracing the seventies, the passage of the Federal "Clean Air Act" in 1970 supplied the impetus for Dravo Lime Company. This law promulgated limits on the emissions of sulfur dioxide (SO2) from large stationary sources that would affect local air quality. The major industry that felt the brunt of this regulation was the electric utility industry, especially those generating electricity with coal-fired boilers. The law hastened the development of a new industry, flue gas desulfurization (FGD), and is composed of three major segments: (1) the electric utility, (2) the FGD equipment suppliers (the scrubbing modules), and (3) the scrubbing chemical suppliers. Dravo&apos;s experience suggested the equipment end of the business but market analysis indicated that our long range corporate goals could be better attained by investigating the chemical processes involved in the removal of the SO, gas. The result being Dravo Lime Company. This paper will briefly describe the Thiosorbic lime scrubbing process and review our innovative mine and calcining facility.

Jan 1, 1978