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By I C. Carrasco, V G. Mirada, J F. D Domingo, F S. Leite

This paper investigates ore loss and dilution produced by rock movement in bench blasting. A total of four blasts, in which electronic detonators have been used, were monitored in Cobre Las Cruces Open Pit Mine (FQM Ltd) in Gerena (Sevilla, Spain). Rock motion has been obtained in 137 points of the free face and 6 points inside the block. Multiple liner regression has been applied to predict rock motion and estimate ore dilution as a function of hole coordinates, rock contacts, powder factor/hole, amount of explosive per blasthole, burden, spacing, hole length, stemming length, explosive energy, hole row, subdrilling, blast sequence, stiffness ratio, blasthole distance to free face, rock density and Young’s modulus. The model is statistically significant with a determination coefficient over 0.8. Rock motion measurements in 31 more points have been used to validate the model and to show a reduction in ore dilution.CITATION:Domingo, J F D, Leite, F S, Mirada, V G and Carrasco, I C, 2015. Dilution, ore grade and blast movement calculation model, in Proceedings 11th International Symposium on Rock Fragmentation by Blasting, pp 71–78 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 24, 2015

By George J. Simandl, Donald F. Gunning

At the beginning of the 20 century, British Columbia produced a wide variety of quality dimension stone products for both domestic and foreign markets. The industry flourished until the 1930s when most of the producing quarries closed as a result of the Depression. During the 1990s, British Columbia experienced the resurgent North American dimensional stone production trend. The industry benefited from increased prospecting activity and from substantial new investment in processing equipment, particularly in the granite sector. These activities resulted in new quarry developments, the reopening of abandoned quarries such as on Granite and Fox Islands <www.quadrastone.com>, and a renaissance in downstream value-added activities. British Columbia has reestablished itself as an important, reliable and innovative source of high-quality stone products.

Jan 1, 2001

By V. J. Ramirez, A. M. E. Noguez, M. J. Navarrete, B. G. Salas, N. T. Robert

"The close die forging stress in truncated conical cavities is evaluated with dimensional analysis. Five dimensionless groups are proposed from the process variables in order to simplify the forging stress determination. These groups are experimentally related and graphically expressed. This methodology can be used to predict the actual forging stress in industrial close die forgingThe use of the dimensionless groups allow to comprise more cases than the presented here, provided similar geometries and operational conditions.Introduction.Closed die forging is essentially a plastic deformation inside a two piece mold (forging die) with the inverted shape of the actual forging geometry. This plastic deformation will always be the result of a compressive stress. There are theoretical models which include complex calculations for the analytical determination of stresses (1, 2, 3, 4). Results of these calculations are approximate, requiring generally ulterior tests to obtain the true operational conditions(5).In this paper, it is presented a simplified approach to the actual compression stress needed in the forging. A well known tool in engineering: the Buckingham's Pi theorem in conjunction with dimensionless groups and a working piece scale model is used. Dimensional analysis will give the dimensionless terms needed to experiment with a selected scale model geometry to make the stress determination. The results presented demonstrate the reliability of this methodology."

Jan 1, 1997

By R. Hurman Eric

The flow of molten slag and matte and the estimation of the mass of settled matte in electric furnaces is discussed and the action of the electric furnace as a settler is considered. Particle size of the concentrate and its grade are major contributors to settler dimensions. Discussion on the production capacity of the electric furnace with reference to operating current, power input, furnace dimensions such as width and length and electrode diameter are given. These discussions are based on considerations derived mainly from experimentally determined properties of the slag such as its resistivity, viscosity and liquidus temperature. Extension of the design and operating considerations to circular furnace symmetry is also discussed.

Jan 1, 1995

By Richard H. Mote, W. C. Schroeder

The endlessly changing pattern of mineral supply and demand offers opportunity to the alert and can bring disaster to the unwary. The discovery of ore bodies, the invention of extractive processes, the provision of new transport facilities, the political stabilization of underdeveloped areas, and many other changes can increase supply dramatically. Such new outpourings of mineral wealth from ore bodies bring fortunes to their developers, and consumers frequently find their competitive positions decidedly improved by new and cheap sources of supply. On the other hand, operators of marginal properties can find competition from newly opened high-grade mines intolerable. Consumers that have depended on the products of nearby, high-cost mines may find new, remote, low-cost supplies advantageous only to their competitors. The invention of new prospecting methods can have spectacular effects. Shortly after World War I the discovery rate of petroleum pools began to decline. The leading prospecting technique of that day, the projection downward of surface reflections of geologic structure, was proving less rewarding. Prophets foretold an oil shortage in the near future. But at that very moment scientists were perfecting the application of seismic waves to reveal underground oil-bearing geologic structures. As these geophysical methods were put into commercial use the whole outlook changed-the problem of the 1930&apos;s became how to cope with the surplus from discovery, not how to meet the ever rising demand. Many lead mines were being abandoned as unprofitable about this same time because the penalties charged by smelters for the zinc in the ores and concentrates more than counterbalanced the payments for lead and silver. Then selective flotation (at the time called differential flotation) appeared,

Jan 1, 1959

By Robert J. Gorney

This paper deals with the actual application of a direct digital control to simple as well as complex industrial process control loops, Fundamental descriptions of preliminary research and design are described briefly, as is the development of the present day controller and control computer. The results and effects of direct digital control in various types of single and cascaded loops as opposed to the use of conventional controls are discussed. Computer supervision of a process and control override are taken into account, in addition to methods of short and long term plant economic optimization.

Jan 1, 1965

Direct electrowinning is an electrochemical process which has been developed for the extractive recovery of copper from dilute, acidic leach solutions. In passing through a thin particulate coke cathode. copper is reduced and electrodeposited in a thin layer forming a solid copper-coke sheet. The product is melted in a furnace to separate the coke, then the molten copper is fire refined to produce a salable product. A description is given of a prototype unit which is designed to treat 20 gpm leach liquor and recover over 100 pounds of copper per day. Economic analyses show that in a commercial facility producing about 25.000 TPY copper.*the direct electrowinning process has lower overall cost than either conventional iron-cementation or the newer liquid ion exchange-electrowinning when the leach liquors contain less than 2 grams per liter of copper.

Jan 1, 1976

By M Paakkunainen

Sampling is often the most critical part in process analysis. When the mean of a continuous lot, such as a process stream within a given time interval, is estimated by calculating the mean of several samples, the uncertainty of the estimated mean depends usually on the sampling strategy. Three different strategies can be used: systematic, stratified or random sample selection. The standard deviation of the lot mean is different for these methods so that systematic sampling usually gives the smallest and random sampling the largest standard deviation. Pierre Gy developed a method where the sampling errors of one-dimensional lots for these three strategies can be estimated from a variogram, which is calculated from a variographic experiment, ie from a set of one-dimensional time series measurements with fixed sampling interval. While variogram is an excellent tool for characterising and displaying the variability of autocorrelated processes as function of time, the sampling error estimation from it is quite laborious, however. In this work an alternative method for estimating the sampling errors was developed. The process is divided into strata of equal sizes, varying the length of strata similarly to variographic analysis. For stratified sampling the standard deviation estimates are obtained by analysis of variance and for systematic sampling by fitting a linear regression line to each stratum and calculating the residual variances. By pooling the individual variance estimates the variance estimates that are corrected for autocorrelation are obtained. The new method was tested with simulated and real data sets having periodic, random and/or drift fluctuations. For stationary processes the results agreed well with the results of the GyÆs variographic method. The method can probably be generalised to estimate the sampling variance of higher-dimensional lots.

Jan 1, 2005

By J. E. Dickinson, R. Campbell, M. J. Cole, K. P. Galvin, M. C. Cole

It is common practice in the beneficiation of iron ore ultrafines to apply reverse flotation, and hence float the gangue minerals, leaving behind a high-grade iron ore product. Given the difficulty in floating particles finer than 20 μm, especially those finer than 10 μm, it is necessary to subject the feed to desliming ahead of flotation. There are two problems with this approach. Firstly, given the known inefficiencies of cyclones, desliming needs to be aggressively applied to particle sizes upwards of 45 μm to ensure all the offending ultrafine gangue is removed. Secondly, desliming also removes a significant portion of the valuable iron ore. Thus, a significant portion of the ultrafines, including the iron ore, is lost to the tailings. This paper examines the direct flotation of iron ore fines using the Reflux Flotation Cell. The RFC operates using a concentrated bubbly zone, in the absence of a conventional froth zone, for delivering strong counter current washing through an inverted fluidised bed of bubbles ahead of the product discharge. A system of parallel inclined channels in the lower part of the cell provides enhanced segregation of the bubbles from the tailings, preventing the loss of air bubbles into the tailings. Experiments conducted under semi-batch conditions produced encouraging results with concentrates of ~65% Fe grade in a single flotation stage. Comparatively, up to five successive batch flotation stages were required when using a laboratory scale batch mechanical flotation cell to achieve similar Fe grades. For a given grade, lower Fe recoveries were typically achieved by the RFC. This was attributed to the effective prevention of ultrafine particles succumbing to hydraulic entrainment under a positive bias flux, as well as an increasing feed volume involved in the semi-batch operation using inverted fluidisation water for cleaning. Overall, similar grade-recovery curves were produced, however, significantly higher grades were obtained by the RFC and with fewer separation stages. Keywords: Desliming flotation, iron ore, modified release analysis, reflux flotation cell

Jan 1, 2020

Those who have had an occasion to apply geostatistics to the estimation of ore reserves are familiar with the conventional approaches of estimating average grade of quality values for arrays of regular grid squares or blocks. Further, the technology to perform geostatistical analysis and prediction for irregular two-dimensional areas has been available in a practical, readily useable form for some time. However, the generalization of this technology into three dimensions has been hampered by lack of a suitable geometrical characterization for realistic, three dimensional shapes and volumes. The extension of these estimation techniques into three dimensions has now been made possible by a successful integration of the volume modelling capabilities of 3D Component Modelling with proven 3D Geostatistical Techniques. The result is a powerful new technique for mineral ore reserves estimation in a practical, useable form. The technique allows direct geostatistical estimation of grade and quality values for precisely defined, irregular, realistic, geological, and mining shapes or volumes. This paper describes the two technologies, their integration and their application in practice to the estimation of mineral ore reserves. The paper closes with a discussion of the benefits provided by the new approach, in terms of accuracy, efficiency and practicality.

Jan 1, 1991

By Y V. Haarlem, P Coghill, N G. Cutmore, M Millen, I Carter

Due to the low concentration of gold, ore sorting for gold has always required measuring indirect properties, such as density or colour, to allow separation on a rock by rock basis. This only works on an ad hoc, by deposit basis and is likely to be least reliable where it is most required in low grade ores. One candidate technique, Gamma Activation Analysis (GAA) has been demonstrated to directly measure gold extremely accurately in powder samples of around 500gm and is used in the Chrysos PhotonAssay assay system. This method uses a linear accelerator (linac) to generate the X-ray radiation that activates the ore at low levels to emit a characteristic gold gamma ray that is then measured by a radiation detector. CSIRO is adapting this measurement technique to application on a belt at up to 800tph to measure pods of ore. The principal differences between measuring samples and an on-line measurement of pods are the requirement to measure coarse ore (<50mm), to measure a larger volume of ore as uniformly as possible, and to have an open-ended geometry with adequate shielding of the linac radiation source. These issues have all been addressed with measurements of coarse ore reported down to around 1ppm in sub-optimal test conditions. They have been demonstrated for <75mm particles with detectors capable of measuring a large volume geometry continuously. These are projected to allow measurements down to 0.3ppm in more optimum conditions for a 10 second measurement time period where the U/Th content of the ore is less than ~10ppm. Extensive Monte Carlo modelling has demonstrated that adequate shielding can be provided in relatively simple geometries with only 1 right angle transfer in the material handling. Steady progress is being made to reach the technical position required to trial an ore sorting system.

Nov 10, 2020

By Guiqing Zhang, Liansheng Xiao, Zuoying Cao, Li Zeng

A new process of direct solvent extraction of nickel from sulfuric acid leach solutions of low grade and complicated nickel resources using a novel extractant HBL110 was proposed. The basic performance of new organic system was investigated and the continuous pilot plant and the industrial test were conducted. The results indicated that the extractant of HBL110 can be used to directly extract nickel selectively over iron, aluminum, manganese, magnesium, calcium and chromium from sulfuric acid leach solutions. The loaded organic solution can be easily stripped using dilute H2SO4 solutions. Both kinetics of extraction and stripping of nickel were fast. The continuous pilot plant test with the sulfuric acid leach solution of laterite containing 6.22g/L Ni2+, 14.1g/L Fe3+, 0.73g/L Fe2+, 33.9g/L Mg2+, 1.58g/L Al3+, 0.495g/L Ca2+, 0.97g/L Mn2+ and 0.5g/L Cr3+ as feed in mixer-settlers showed that the process had run stably with 98% recovery of nickel. The concentration of nickel in strip liquors reached as high as 50 g/L while the removals of Fe3+, Fe2+, Mg2+, Al3+, Ca2+, Mn2+ and Cr3+ were 98.5%, 91.5%, 99.95%, 99.8%, 99.1%, 98.6% and 99.5%, respectively. The industrial test with the sulfuric acid leach solution of electroplating sludge containing 11.5g/L Ni2+, 2.68g/L Fe3+, 7.54g/L Cr3+, 0.61g/L Mg2+, 2.09g/L Al3+, 0.68g/L Ca2+, 0.022g/L Mn2+ and 0.154g/L SiO2 as feed in mixer-settlers also showed that the process had operated successfully with 99.5% recovery of nickel. The concentration of nickel in strip liquors reached 42.7 g/L while the removals of Fe3+, Cr3+, Mg2+, Al3+, Ca2+, Mn2+ and SiO2 were 99.2%, 99.77%, 99.73%, 99.56%, 99.57%, 98.51% and 98.75%, respectively. The new process exhibited big advantages of short flow sheet, high recovery of nickel, high removal of impurities, low chemical reagent consumption and low cost. Application of this process in industry is expected to make important impact on the extraction of nickel from sulfuric acid leach solutions and to deliver good environmental and economical benefits.

Jan 1, 2016

By Travis Davidsavor, David Provost

A segment of high-pressure steel petroleum pipeline needed to be replaced on a hillside and beneath a waterway within an existing right-of-way containing multiple petroleum pipelines. The pipeline replacement required excavation of sedimentary rock to allow placement of the new pipe. As a result of an existing right-of-way limitation, steep slopes, and hard rock, blasting would be required as close as 7.8 meters (25 feet) from two operating pipelines. Existing pipeline company standards would have effectively precluded the construction of the replacement pipe by blasting rock. To facilitate the required construction and evaluate actual pipe stress during blasting to ensure pipeline integrity, a comprehensive evaluation methodology was developed by a team of pipeline, mechanical, geotechnical, instrumentation, and blasting engineers. A total of 60 strain gages were affixed to the steel pipe and seismographs were buried at the surface near the blasting area. Test blasting allowed pipe stresses with corresponding ground motion to be monitored. A conservative analysis approach evaluated individual peak strains and revealed that only small pipeline strains, and therefore stresses, were induced in the pipeline as a result of blasting. This evaluation allowed specific procedures to be developed to inform the blasting operation of maximum explosive loading and minimum charge distances. Additionally, this effort provided the pipeline operator with appropriate pipeline operating pressures during blasting activities to limit total stresses in the pipeline to be below allowable stresses imposed by code, regulators, and company operational limitations. Recommendations were developed to measure the blast generated ground vibrations with seismographs buried at the depth of the pipe, near the pipe, and limit the ground vibrations from blasting to 150 mm/s (6 in/s). If ground vibration intensities of 120 mm/s (4 in/s) or more were observed, additional engineering review is recommended. Finally, all blasting would be suspended and all activities reviewed at peak ground vibration intensities of 230 mm/s (9 in/s). The evaluation effort resulted in effective and efficient construction of the pipeline replacement and allowed the pipeline operator to better understand blasting induced stresses on their assets.

By Travis A. Davidsavor, David A. Provost

A segment of high-pressure steel petroleum pipeline needed to be replaced on a hillside and beneath a waterway within an existing right-of-way containing multiple petroleum pipelines. The pipeline replacement required excavation of sedimentary rock to allow placement of the new pipe. As a result of an existing right-of-way limitation, steep slopes, and hard rock, blasting would be required as close as 7.8 meters (25 feet) from two operating pipelines.

Feb 1, 2020

By O. Babak, O. Leuangthong, M. A. Cuba

Integration of data from multiple sources and/or multiple scales is a common, yet challenging aspect of geostatistical resource modeling. Common approaches to data integration are based on a cokriging framework that assumes a consistency of scale in the information that leads to a requirement to composite the data prior to model construction. It is well known that the geostatistical model parameters are scale dependent. In particular, the volume variance of integrating these various scales has a direct impact on the semivariogram that should be used in model construction and/or the assessment of volume-variance relations as it affects resource estimation. This paper reviews and compares two different approaches for semivariogram upscaling. The first approach is the scaling laws. It is an empirically derived approach, involving several simplifying assumptions, one of which is a strict assumption of invariance of the semivariogram shape. The second approach is a theoretically derived direct upscaling of the semivariogram. This approach has been around for a number of years, but is seldom implemented due to software limitations. In this paper, we present a numerical integration approach to facilitate direct semivariogram upscaling. The advantage of direct upscaling over the scaling laws approach is shown by considering a synthetic example and a case study. Further, in the case of multiple codependent random variables, the extension of the direct semivariogram upscaling to the cross semivariograms is derived and an upscaled consistent linear model of coregionalization is presented.

Jan 1, 2013

By R. Pandey, G. Elie, E. Sarver

Respirable crystalline silica (RCS) is generally considered the most hazardous constituent of coal mine dust, and a new federal rule is expected to further limit exposures in U.S. mines. For regulatory purposes, RCS is monitored by collecting filter samples, which are analyzed for quartz (the predominant form of RCS in coal mines). The analysis is done using Fourier transform infrared spectroscopy (FTIR) in a centralized laboratory. To enable more timely results, National Institute for Occupational Safety and Health (NIOSH) mining researchers developed a directon- filter (DOF) FTIR analysis method and free FAST software that can be used in the field. For samples collected under specific conditions, FAST processes the FTIR spectral data to determine quartz mass. While the DOF FTIR method is not approved for regulatory RCS monitoring, it could be useful for engineering purposes, such as to evaluate mining parameters or new dust controls. This field study demonstrates how the method, including FAST, can be applied using low-cost, widely available sampling components. It further demonstrates how quartz percentage can be estimated in the field, by pairing a continuous personal dust monitor with a filter sampler.

Jun 1, 2025

By G. J. Abbaschian, A. B. Gokhale, M. M. Kunjapur

"A laboratory scale model furnace was constructed for obtaining radially inward oriented columnar grains in disc shaped castings. The furnace consisted of eleven circular, concentric, equispaced resistance heaters on each half of a split graphite mold. Water or air flowing through a copper pipe along the periphery of the disc constituted the heat sink. After filling the mold, the heaters were turned off consecutively in top and bottom pairs from the rim towards the center, causing the temperature gradients to move inward. Equiaxed structure was obtained at the center by turning off the inner coils together when desired. Sn:15%Pb alloy was used to cast integral blade disc castings using the above technique to obtain dual-property discs with a central equiaxed structure and an outer columnar grain structure projecting inwards from the blades to the rim. A numerical technique was used to predict the temperature profile in the disc during solidification, and good correlation was obtained with the experimentally measured temperature profiles. The corresponding heat transfer coefficient values obtained were h = 544 Wm- 2k-1 (0.013 cal/cm2- ° C-sec) for cooling between metal and chill and h' = 71 Wm- 2k-1 (0.0017 cal/cm2- ° C-sec) for the heat input from the hot mold to the liquid metal. BackgroundHigh temperature alloys used in the current generation of gas turbine engines have evolved through two main stages of development: in 1950's, the increase in the efficiency of gas turbines was paced by improvements in alloy design, which led to the development of Ni and Co-based superalloys (1). By mid-1960's, it was realized that improved alloy chemistry alone was inadequate in meeting the increasingly stringent service requirements. The focus of research then shifted from alloy development to process development, and resulted in the introduction of directional solidification (DS) techniques for the production of turbine blades and vanes (1,2).Under typical operating conditions, the blades and vanes are subjected to aerodynamic loading, while the blades are additionally subjected to high centrifugal loading and vibratory stresses. The primary material requirements for blades may be summarized as follows (1,3):•,High creep resistance•,Good high temperature tensile strength (typically in the range of•,275 to 550 MPa at temperatures in excess of 750°C)•,Resistance to both low cycle and high cycle fatigue (LCF and HCF)•,Resistance to erosion, corrosion, and oxidation•,Resistance to thermal fatigue"

Jan 1, 1986

By C. Yanqui

"Discontinuum Mechanics is based on two foundations: the idealization of the internal structure of substances, and the principle of the arithmetic mean value. For a linear discontinuum, the methods of Crystallography are used to describe their structure, in which nodes stands for the position of the homologous points such as molecules, grains, or any other motif. The principle of the mean value states that the value of any discrete function at a node is equal to the arithmetic average of the values of this function at the neighboring nodes. This principle leads to an elliptical linear differential equation of the second order, with coefficients given by the statistical second moments of the Cartesian components of the metric vector. As long as those coefficients are components of a symmetric second-order tensor, there are three mutually perpendicular directions, in which the variances reach their extreme values and the covariances are zero, showing that the mean value principle transforms the discontinuum into a statistically equivalent orthotropic continuum.The application of Discontinuum Mechanics to linear rock masses is simple and direct. It is sufficient to define the motif as the plane of geological discontinuity, and the metric vector as the normal vector to this plane, whose magnitude is the spacing between two consecutive planes belonging to the same set of discontinuities. Furthermore, heterogeneities of rock masses can be also included in this description by substituting the plane of discontinuity by a zone of weakness. In this way, the magnitude of the normal vector results from the product of the spacing and the RQD or the RMR. In going further in this theory, at least three conclusions show up. First, in the evaluation of rock masses, it is necessary to determine the orientation, spacing, and RMR for each set of discontinuities. Second, the conventional method of finding the principal families from the contours of equal concentration of poles on the stereographic projection excluding the spacing does not have any physical meaning. Third, any problem of rock mechanics can be solved in a rigorous and reliable way by integrating the differential equation of the mean value."

Jan 1, 2015

By Christopher R. Lattanzi

"Discounted cash flow analysis provides a means of relating the magnitude of expected future cash profits to the magnitude of the initial cash investment required to purchase an asset or to develop it for commercial production. The objectives of discounted cash flow analysis are to determine:.. The net present value of a stream of expected future cash revenues and expenditures... The rate of return which the expected future cash flows will yield on a given level of initial cash investment.In the case of mineral properties, discounted cash flow analysis is generally accepted as the preferred method of valuation, whenever sufficient data are available to permit its reasoned application. Sufficient data are required to support estimation of all of the individual elements of cash revenue and cash expenditure which will be associated with the development and operation of the property, up to the end of its estimated life. It is the accuracy of these input estimates which determines the validity of the resulting determinations of profitability and rate of return on invested capital.In undertaking any discounted cash flow analysis, it is important to recognize certain fundamental attributes of the mining industty:.. The basis of any mineral development is the existence of an ore reserve... Costs are determined by the number of tonnes mined and processed, while revenues are determined by the number of pounds or ounces of metal produced. The two are related by the recovered grade of the ore... Profit is typically more sensitive to changes in revenue than it is to changes in cost... Commodity price is a principal determinant of revenue, but it is also the factor with which is associated the greatest level of financial risk.In the end, of all of the factors which must be considered in the discounted cash flow valuation of a mineral property, the most significant are the reliability of the reserve estimate, particularly with respect to recovered grade, the price at which the product is to be sold, and the risk of not maintaining the projected level of price."

Jan 1, 2003

By Lawrence Devon Smith

"This paper examines the impact of the various assumptions that go into an economic evaluation, and shows how these can be combined to show an exciting result that may not really exist. An example of an embellished case (the kind that one frequently sees when projects are being promoted) is developed and the cumulative impact is analysed to show the actual project underneath. The paper also points out some areas to watch for overly optimistic assumptions such as prices, inflation, and debt. The concept of a ""bare bones"" base case is proposed (constant metal prices, constant dollars, no inflation, no debt, no interest, on a project basis, after tax) as a common reference point.As well, the discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed, and a methodology for the analysis of risk levels is proposed that assesses the constituent components of the discount rate: real interest, mineral project risks, and country risk.INTRODUCTIONOften, the first time that all of the technical and economic data for a mineral project comes together in one place is when the economic evaluation is developed. This typically happens when work on the project has progressed to a sufficient level of detail that the effort to produce a year-by-year cash flow is justified, usually at the pre-feasibility or feasibility study stage. The data involved will include:• production; tonnes waste and ore mined, ore grade, mining recovery, metallurgical recovery, metal sold• revenue; metal price, smelting & refining charges, marketing costs• operating Costs; mining, milling, administration, fees, royalties• capital Costs; exploration, development, construction, indirect costs (engineering, management), contingencies, start-up, inventories, working capital, replacement and sustaining capital, closure costs• taxes and royalties• exclusions; depreciation (this is not a cash item), sunk costs (only costs going forward)."

Jan 1, 2003