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By John Hickey

Management teams at mining companies begin to ask themselves whether to take a company public and, if so, how to do it as they approach the normal threshold for going public in terms of revenue and operating performance. Today, the expense of going public generally suggests the company has at least $20 million in annual revenue and at least $2 million in cash. The revenue number can be lower for mining companies with large reserves. In order to properly attract the investing public, the company must also be operationally strong with robust prospects. The company should have a strong management team and a consistent history of double-digit growth that will continue into the foreseeable future. Assuming the thresholds are met, a company?s management needs to weigh the pros and cons of going public.

Jan 1, 2012

By Mark E. Emerson

Foreign and domestic companies find the mineral potential of this country's stern public lands, its capital markets, political stability, and "open-door" policy attractive for hard mineral exploration. Traditionally, exploration in the US has been geographically based and responsibility oriented at the district level. The 1970s brought a decentralized approach to exploration as major non-metal companies began to diversify into hard minerals. The emphasis was on capital intensive metal and energy projects involving bulk-tonnages. The recent economic downturn in metals has caused many of the new participants to withdraw from the mineral scene. The surviving companies have shifted their emphasis toward medium scale precious metal projects having high operating margins and rapid return on equity. Exploration expenditures in the United States are now principally focused on gold and silver to the exclusion of practically all other commodities. In the search for precious metals companies have scaled back their exploration efforts and have began to apply new approaches to target selection. The search is being assisted by rapidly evolving conceptual models. The change in orientation has led to numerous new discoveries. The finds are essentially "rediscoveries" that c,-re previously uneconomic. The majority are low-grade surface deposits that have involved low discovery costs and short lead times for development by low-cost mining and beneficiation methods. The emphasis on gold to the exclusion of all other commodities raises questions regarding the direction of exploration in the US for the rest of the 80s.

Jan 1, 1984

By E. D. Gálvez, L. A. Cisternas, A. López-Valdivieso, F. Lucay

"The floatability of molybdenite fines in saline solutions was investigated through microflotation studies using a modified Hallimond tube. In addition, the effect of pH and gypsum precipitation from calcium ions (Ca2+) and sulfate ions (SO4 2-) ions in saline water on the recovery of the molybdenite was analyzed. It was found that the floatability of molybdenite fines significantly increased with the ionic strength of the saline solutions and is independent of pH above 0.5 mol/L ionic strength. The high floatability of molybdenite in saline solutions is explained as being due to the low electrostatic repulsion between bubbles and the edges of molybdenite particles, which is exceeded by interactions due to van der Waals and hydrophobic forces. The precipitation of Ca2+ and SO4 2- ions as gypsum had a detrimental effect on the natural floatability of molybdenite because of gypsum crystal attachment on the faces of the molybdenite particles. This precipitation phenomenon may be initiated in copper–molybdenite flotation circuits that use recycled saline water, like seawater containing Ca2+ and SO4 2- ions.IntroductionWater availability is a significant factor in mining projects. Water, particularly fresh water from rivers and underground water, is becoming a scarce resource for mining operations and new projects. Under these circumstances, the use of water with high concentration of salts in flotation plants is becoming increasingly important (Cisternas and Moreno, 2014). The use of seawater has been studied as a sustainable solution for many mining companies in dry areas located near the sea. Notably, using seawater in mining operations is how mining companies in Chile have coped with the problem of water resources (Cisternas and Gálvez, 2014). In 1930, small plants in Chile used seawater to float chalcopyrite from high-copper-grade ores. In 1975, the results of tests in pilot plants for the flotation of copper minerals with seawater were reported. It was found that froth formation in seawater at pH 9.5 was suitable to make the rougher circuit work properly, even without frothers. The Cenizas mining group successfully floated chalcocite, bornite and chalcopyrite in the Las Luces plant in Taltal in Chile using seawater (Moreno et al., 2011). Minera Centinela (Antofagasta Minerals S.A. Chile) is currently processing porphyry copper ores using a seawater mixture consisting of 20 percent fresh seawater and 80 percent recycled water. Lower consumption of flotation reagents was reported in both seawater and salt water. In addition, studies performed with synthetic seawater showed that certain frothers increase the froth volume, whereas others decrease it. Additionally, the froth produced with seawater carries a high amount of gangue, and low-quality concentrates are obtained, requiring more cleaning stages."

Jan 1, 2015

By-products are of greater importance in lead and zinc mining than in any of the other major base metals. While I think most mining people would accept that statement, you would probably get some widely varying estimates when attempting to quantify the value of by-products in lead and zinc mining. We are now able to do this with our lead-zinc mine cost model. This model was originally developed as a zinc mine cost model to help us forecast long-term zinc supply and price as part of a study we completed in late 1979 entitled "Zinc - The Next Decade". Before demonstrating the importance of by-product revenue to lead- zinc mines, let me first explain how the cost model was constructed. I will discuss the model as it was originally constructed - as a zinc mine cost model. It has subsequently been expanded to include lead only mines and now can Be run either as a zinc or a lead mine cost model.

Jan 1, 1980

By J. Dorsey

In 1910, Colonel Boyce Thompson, who owned Inspiration (now Cyprus Miami) and various other mining interests, formed the Magma Copper Company and leased the Silver Queen claims around Superior, Arizona. At the same time, he purchased other claims around the Silver Queen claims from what was then called the Magma Mine. The mine continued to operate until 1982 when Newmont Mining Company, who owned Magma Copper Company, shut down the operations due to high costs and low copper prices. When Magma was spun off by Newmont as an independent company in 1987, new studies of Superior were started. It was clear from these studies that the mine had been shutdown and over 1400 employees laid off for two basic reasons: first, as a resu1t of a mine plan that was technically flawed and second, be-cause of very high production costs mainly due to the low productivity from a very high cost work force. During 1989 a plan was formulated to re-open Superior with the determination to over-come the problems that resulted in closure. A new mine plan was developed and a management style developed that promotes team work and high productivity.

Jan 1, 1992

By K. V. Raj, T. Bhowmick

"The control of fugitive dust in high-latitude openpit mines is challenging due to unique atmospheric phenomena resulting in complicated flow regimes as well as atmospheric inversion due to the lack of adequate insolation during prolonged winter seasons. In this study, two idealized (one conical and one trapezoidal) three-dimensional openpit mine geometries were simulated for different seasonal conditions using a computational-fluid-dynamics package from Software Cradle. The airflow was solved by Reynolds-averaged Navier-Stokes equations using the standard kappa-epsilon turbulence model. The concept of particle tracking was used to predict the flow patterns of dust particles. For various climatic conditions and two different pit geometries, fugitive dust particles varying in size, from PM0.1 to PM10, and concentration were generated at various locations and dispersed by the airflows inside the openpit mine. The amount and location of dust particles inside the pit were reported at various time intervals. In the summer season, airborne dust particles were quickly transported outside the openpit domain. In the winter season, however, the development of atmospheric inversion significantly affected the amount of dust retention inside the openpit domain. IntroductionThe computational-fluid-dynamics (CFD) modeling of openpit mines is challenging. In a recent paper (2015), we presented different constraints and challenges in developing a three-dimensional CFD model. In order to obtain realistic results from a simulation, however, appropriate values of various inputs are required. The simulation results of a three-dimensional nonhydrostatic model by Shi et al. (2000) showed that both the mechanical and thermal forces are important mechanisms, controlling the development of the atmosphere inside an openpit mine. Alvarez et al. (2007) used a CFD model for predicting dust dispersions in a medium-sized limestone quarry, and presented several iso-surfaces of varying dust concentrations using ANSYS CFX. A similar study by Torno et al. (2010) introduced a more sophisticated parameterization of the dust sources. Flores et al. (2014) used an OpenFOAM CFD simulation package to simulate and predict pollutant dispersion in an idealized and an actual openpit mine in Chile with an intense insolation condition. The model was simulated for three different conditions: (1) air-advection (10 m/s, or 33 ft/ sec)-driven mechanical turbulence, (2) surface-heat-flux (240 W/m2, or 76 Btu/ ft2-h)-driven thermal buoyancy and (3) both air-advection- and surfaceheat- flux-driven conditions. The results of the simulations showed that the buoyant currents contribute to the removal of a large percentage of the dust particles. The buoyant currents modify the purely mechanical-turbulence- induced flow pattern and reduce the particle residence time, commonly observed in a purely mechanical turbulent flow (nonbuoyant case)."

Jan 1, 2015

By R. C. Emmett

Waste treatment in the mining industry is by no means a new problem to this field. In a sense, the entire process from ore to finished product is one of waste treatment - the separation of a relatively minor quantity of desired component from valueless material. Where it has been necess-ary or economical to practice conventional waste treatment or pollution control methods, such as dust collection, water recovery from tailings, or impounding of residues for future treatment, this has been done. Generally the containment of hazardous pollutants such as arsenic and cyanide also has been followed in modern times. But it is only recently, with the public outcry for the elimination of all forms of pollution, "that the industry has been forced to solve what often appears to be a myriad of difficult and costly waste treatment problems, or be faced with the alternative of closing down the operation. It is the objective of this paper to describe new as well as conventional approaches to these problems, specifically as might be applicable to liquid-solids separation methods. Host wastes in the industry are present either as solutions or slurries, or can be most advantageously handled by conversion to this form, such as in scrubbing noxious gases and dusts with water. Separation of the solids and purification of the aqueous effluents are, therefore, often the principle problems.

Jan 1, 1971

By James T. Curry

The steady growth of the Northwest portion of the United States over the past two decades, and the very rapid development of Northern California, Western Nevada, and Oregon in particular, led the Calaveras Cement Company people to Shasta County, California in 1957. The presence of a large deposit of high calcium carbonate limestone had been recognized for many years, but it required the momentum of an expanding economy to make these long known reserves valuable. This, plus the availability of a reliable supply of fuel in the form of natural gas, and the ready means of shipping the product to the consumer both by highway and railroad, seemed to offer the proper combination to launch a successful venture. The Calaveras Cement Company had been manufacturing cement by the wet process since 1925 at their plant at San Andreas, California. Starting with two small kilns, the plant in Calaveras County started an expansion program in 1945 that ultimately resulted in the plant as it exists today, consisting of five kilns with a combined production of 4.5 million barrels annually.

Jan 1, 1967

By Gary A. Nowlan

The Casa Grande West-Santa Cruz porphyry-¬copper deposit is in the Basin and Range physiographic province west of Casa Grande, Arizona (Fig. 1). The Casa Grande West portion of the deposit is controlled by Casa Grande Copper Company and the Santa Cruz portion by ASARCO. The deposit contains at least 350,000,000 metric tons of rock with greater than 1 percent Cu. The deposit is covered by at least 300 m of sediment, with no visible expression of the deposit at the land surface. The deposit is in an area of prime agricultural land that depends heavily upon well irrigation because of a hot and arid climate. Because of the deep sedimentary cover, the chance is extremely remote that the geochemistry of soil or stream sediment would reflect the deposit even if the land surface were not disturbed by many years of farming. Irrigation wells of the area generally bottom in the sedimentary cover. The purpose of the study is to see if the Casa Grande West-Santa Cruz deposit is geochemically reflected in ground waters over and near the deposit.

Jan 1, 1981

By R. T. Richins

Coeur d'Alene Mines Corporation (CDE) is a precious metals mining company. The company's three mining operations are located In Nevada and Idaho. Collectively, these mines (Rochester in Nevada, and the Galena and Coeur In Idaho) produced about 61,000 ounces of gold and more than 7.5 million ounces of silver in 1991. The company is currently planning the development of two major properties; the Fachinal gold-silver project in Chile and the Kensington gold project near Juneau, Alaska. Fachinal and Kensington hold encouraging potential to significantly expand CDE's gold production during this decade. The permitting process for these two distinctly contrasting environmental settings, project design requirements and regulatory/political circumstances provide the basis for a comparative analysis of licensing and permitting requirements, timeliness of the permitting process and costs in the U.S. and Chile.

Jan 1, 1993

By John O. Marsden

"This article is an attempt to capture a presentation given at the 2016 SME Mineral & Metallurgical Processing Division (MPD) Luncheon held on Feb. 24, 2016, in Phoenix, AZ. It was presented as a tongue-in-cheek, lighthearted view of several of the issues facing our industry, while identifying some of the challenges and opportunities available to new engineers entering the industry today.Disclaimer• What you are about to read includes personal preferences, biases and occasionally arbitrary opinions.• Some readers may have dissimilar opinions on the contents and/or the rank order of the lists.There are eight top ten lists offered in this article: (1) Industry realities (2) Things a metallurgical or mineral process engineering graduate should do (3) Books every metallurgist should have on their shelf (4) Things I wish I had known (5) Legends of metallurgy (posthumous, with highlights) (6) Things we’ve forgotten (7) Mineral processing innovations of the past 20 years and, finally, (8) The future? For some items, additional context or clarification is provided after the item, while for other items no further explanation is warranted and none is offered. Top 10 industry realities1. Metal price cycles.2. Bigger is better (except when it isn’t).3. Ore grades declining across the board of metals/commodities.4. Ores becoming more complex.5. Three-fold increase in capital costs between 2004 and 2015.6. Three-fold increase in operating costs between 2004 and 2015.7. Less capital availability/challenging financial markets.8. Environmental constraints increasing.9. Socio-political constraints increasing.10. The mine manager is always impossible to work with.As Table 1 shows, there was more than a three-fold increase in gold operating costs between 2004 and 2014. The increases for copper, iron ore and other commodities were similar."

Aug 1, 2016

By W. Hermülheim, J. Brune

"This paper analyzes mine emergency management and rescue practices in German underground coal mines and compares them to those used in the United States. The German mining industry has developed these practices over more than 100 years, and they have successfully managed numerous fire, water inundation and ground control emergencies using these techniques. The authors interviewed German mine emergency professionals about rescue team and emergency operations. These operations were then analyzed to determine which of these German principles would be of interest to United States mine rescue teams. Implementing these programs into United States mine rescue and emergency operations was analyzed. INTRODUCTION Coal mining has become much safer industry than it has been in the past. Advances in safety and health regulations and company polices have improved working conditions for miners all over the world. Even with these advances there is still a need for continued attention to safety and health. It is also important for mine safety professionals to observe practices and procedures in other countries and cultures and learn what and how to apply this knowledge in their own systems. Coal mine rescue has been an integral part in improving coal mine safety. Mine rescue procedures have evolved with time, experience and technology development. Today, coal mine rescue teams are still needed and must be continually trained and prepared for any mine emergency. Although it is hoped that improved mine safety policies and practices will eliminate coal mine disasters in the future, accidents remind us that disasters can still happen today. In May 2014, Turkey experienced a severe coal mine disaster where 301 people were killed [G.Tuysuz, 2014]. Our industry must learn from these incidents, focusing on disaster prevention and making improvements in mine rescue operations. Mine rescue procedures differ from country to country due different regulatory environments and different historical evolution of emergency response. Sharing practices and procedures from one country to another enables learning from different experiences and cultural backgrounds. Sharing is also a way of preserving information, identifying and learning best practices."

Jan 1, 2015

By Greg Ford

Each year, companies spend millions of dollars on safety training and on safe equipment, money that is generally well spent. Despite that, we still make mistakes. What happens if the mistakes are made not because of inadequate training, but because we are hard-wired to act in a certain way? If you read any of the ?Because of Human Error? text boxes in this document, situations like these may look familiar in your own workplace. ?The issues of risk, health, safety and the environment are getting more attention now than ever before, at all levels of the organization,? said Calvin Price, vice president of Global Health and Safety at LNC-Lavalin Inc., a company with 21,000 workers worldwide. Most would agree with Price that attention to safety is increasing because responsible companies care about their workers and the workers? colleagues, families and communities. However, cynics might say that the safety spotlight is powered by the corporate bottom line. Direct costs created by workplace injuries total $51.8 billion annually and include workers? compensation payments, medical expenses, civil liability damages and litigation expenses. This sum represents a staggering one quarter of each dollar of pretax corporate profits. Indirect costs may run as much as 20 times the direct costs of on-the-job accidents and illnesses. Examples of indirect costs include training replacement employees, investigating the accident and implementing corrective measures, lost productivity, repairing damaged equipment and property, and costs associated with lower employee morale and absenteeism. What?s interesting is that up to 90 percent of incidents are due to human error, not faulty equipment or other factors.

Aug 1, 2013

By K. J. Ashley

Over the last six years I have been involved with the calculation of ore reserves and mine planning using various computer systems and soft- ware packages. This experience has given me a unique perspective from which to view the needs of the engineers and geologists whose job it is to produce geologic and mineable ore reserves. The purpose of this paper is to share that perspective with those who are in this field or are thinking of purchasing computer software to aid in these calculations. My first experience with computers in mining was the creation of a mini-computer based coal reserve and mine planning package written as part of my Easter's thesis. This package took about ten weeks to write, four weeks to document, and two weeks to install at the mine for which it was written. It did what it was designed to do, which was to emulate the hand procedure which had been used prior to its installation. The package was specific to its application which involved several small seams of coal being mined simultaneously and would have required major modification for it to be applied to a mine where, say, one thick seam was mined in two benches.

Jan 1, 1985

By G. M. Clarke

Minerals are certainly where they are found. The undemocratic distribution of the world's mineral wealth has created an incongruous inbalance: mineral-rich, scarcely populated countries supply highly-populated industrialised countries that in turn consume more minerals than they produce. This has been as much a generating force for colonisation, invasion, and war as religion, political ideals, or megalomania. The Industrial Revolution of the seventeenth century was born in Britain, a country with large domestic resources of coal, iron, lead, zinc, copper, tin, etc., as well as a large population. As consumption outstripped production imports filled the gap, particularly from its worldwide colonies. For example, when Canada was founded in 1867 more than 905 of its investments were British financed, and much of these were mineral-based. The British made similar investments in South East Asia, Australasia, the Caribbean, and elsewhere, as did the other industrialised Western European countries hungry for raw materials. Later the United States emerged as a leading industrial power, again due largely to its abundant natural resources. Consumption soon exceeded production and foreign sources were saught. American business went exploring abroad ant many a mineral resource was developed almost totally on the basis of the US market many .thousands of miles away. Closer to home, Canada was also an obvious target for the US with its rich mineral resource base, small population, and geographical juxtaposition, so much so that about the time of the 1914-18 War the US took over from Britain as the major investor in Canada, and this peaked in 1967 when the US accounted for 80% of the country's foreign investment. After the 1939-45 War Japan joined the ranks of the USA and Western Europe as industrialised powers, and they too searched the world for the deposits lacking in their homeland.

Jan 1, 1981

By B. W. Stunkard

Hibbing Taconite Company is located by the cities of Hibbing and chisholm near the center of the Mesabi Range, approximately 169 km (105 miles) from the Canadian Border. The plant site is equidistant from these two communities, about 6.4 km (4 miles) from each. A 169 km (105 mile) railroad connects us with the port of Superior, Wisconsin, where the pellet production is loaded into lake carriers for lower lakes destinations. Immediately to the south of the mine area is the world famous Hull- Rust-Mahoning Mine which produced more than 700 000 000 million tons of red ore between the years 1893 and 1973.

Jan 1, 1979

A brief description of the mining method and ventilation system of the San Manuel Mine?s first presented; this is necessary to an understanding of the heat problem and cooling system. The problem of heat at San Manuel is discussed. Charts and graphs showing the relationships between ambient surface air and underground temperature conditions are given. A history of attempts to cool air at San Manuel is presented, starting with the first refrigeration type air coolers which were used in development headings, and followed by the underground water chillers that were used in conjunction with cooling coils. Goals for design of a centralized cooling system with ultimate heat rejection through surface cooling towers are presented. The problems found with using the centralized system in main cooling coils are discussed. Plans for modification of the centralized system as utilized is the summer of 1987 are given, along with results obtained and problems with the system. Plans for subsequent modifications are presented.

Jan 1, 1988

By Jason Swartz, Gerardo Gomez, Henry Leighton

San Antonio has experienced sustained growth for decades, putting increased pressure on existing wastewater infrastructure. In June 2013, San Antonio Water System (SAWS) reached a Consent Decree agreement that requires significant improvements to the wastewater system over a 10-year period to reduce Sanitary Sewer Overflows. One of the critical projects was the W-6 Upper Segment Tunnel project to reduce sanitary sewer overflows on an existing sewer main running through Lackland Airforce Base. The replacement project consisted of a new tunnel nearly 29,000 LF of primarily 104" FRP. The project also includes nine shafts and multiple trenchless crossings to make near surface connections to the new works.

Jun 23, 2024

By R. F. Hadley

Alluvial valley floors constitute a valuable land resource and have been important to ranching operations in semiarid western United States. This resource may be in jeopardy locally if the alluvial deposits are disturbed by surface mining of coal deposits. Erosion problems caused by poor land-use practices can cause trenching of the unconsolidated alluvium with a consequent lowering of the water table and depletion of soil moisture needed to support vegetation. Historical evidence of this sequence of events is abundant in geologic literature and serves as the basis for assessing potential impacts of surface mining. The potential geomorphic impacts of surface mining on alluvial valley floors with regard to fluvial processes are: (1) disruption of the longitudinal profile followed by valley trenching and high sediment yields downstream and (2) replacement of the excavated alluvium with unconsolidated material that does not have similar physical characteristics and may be susceptible to erosion. Mining may disrupt the existing hydrologic framework affecting streamflow, ground-water levels and water quality of both surface water and ground water. Although functional hydrologic and geomorphic processes are similar, each valley represents a complex environment that does not submit to broad generalizations.

Jan 1, 1978

By Warren E. Morrison

The expansion of the United States economy in the postwar period has had a tremendous impact on the demand for energy. Not only has total energy consumption increased at an unprecedented rate, but there have been major shifts in the composition or mix of energy resources within the end-use sectors. Because of the numerous interrelationships between substitutable energy resources and their markets, the energy economy can only be analyzed in terms of the trends of its component parts. This problem takes on additional complexity when attempting to chart the nation's future energy requirements. Total energy consumption can be forecast with reasonable accuracy for periods up to 15 years by relating this to projections of economic indicators. However, forecasting the component parts of the energy economy constitutes a dilemma in that the sum of the projected parts frequently exceeds predictions for total energy. Areas of uncertainty in energy forecasting tend to mount rapidly when proceeding from total energy to the consideration of specific energy resources consumed as fuel, power, or raw materials.

Jan 1, 1965