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By Miroslaw M. Hajdasinski

A project's rate of return (ROR) [The list of all the acronyms used in his text is provided at its end.], be it an internal or external one, usually needs to be approximated. The success and efficiency of an approximation procedure depend on the quality of the initiating parameters such as bounds or seed values (guesses). Current approximation procedures commonly use bounds and guesses dictated by intuition rather then by mathematical consideration. The paper presents three ROR-bounding and six ROR-guessing approaches and examines their suitability on the examples of the typical project cash flow patterns.

Jan 1, 1996

By Mehmet F. Tauer, Pierre Trudel

"The metamorphosed mineralized Archean Bourlamaque batholith, dated at 2710 +-54 Ma, is a homogeneous body, composed mainly of quartz diorite; it is cut by late dioritic, mafic and aplitic dykes, and contains metasomatized ultramafic xenoliths. A geochemical investigation confirms the calc-alkaline affinity of the batholith, and the REE profiles are similar (Lal Yb = 3.9 to 8.1) to those of the intermediate to felsic metavolcanic rocks at Val d'Or into which the batholith was intruded and to those of the calc-alkaline members of the Blake River Group at Rouyn.Gold distribution within the batholith is heterogeneous and anomalous. Although the background Au content of the batholith is estimated to be 3.2 ppb Au by RNAA , the estimated median gold content of the batholith is 10 pp b (with P84 =32 and PI 6=3.1 ppb), much higher than that of ""normal"" granites (I to 5 ppb A u). The gold mineralization exhibits a close relationship with shear zones (e.g. Belmoral Mine) or with diorite dykes (e.g. Sullivan, Perron and Courvan mines).The following sequence of geological events is proposed: (I) pretectonic emplacement of the batholith, which is cogenetic with its volcanic host rocks; (2) regional metam orphism and deformation with localized shearing; and (3) hydrothermal alteration and quartz veining. We conclude that: (1) the Bourlamaque batholith is a gold-enriched intrusion, and (2) the determination of average gold content may be an effective method f or distinguishing ""sterile"" intrusions from those with potentials for gold mineralization.RESUMELe batholite archéen minéralise de Bourlamaque, daté de 2710+-54 Ma, est une intrusion homogène, constituée principalement de diorite quartzique, qui a été recoupée par des dykes tardifs de diorite, d'aplite et de composition mafique. Il contient aussi des enclaves de roches ultramafiques metasomatisees. L 'étude géochimique confirme le caractère calco-alcalin du bath olite et les profits des ETR sont semblables (La/ Yb=3.9 a8.1) a ceux des volcanites intermédiaires afe tsiques de la région de Val d'Or dans lesquelles le batholite fait intrusion et à ceux des unites calco-alcalines du Groupe de Blake Ri ver a Rouyn. La distribution de Au dans le batholite est à la fois anomale et hétérogène. Bien que le bruit de fond du batholite ait été estime à 3.2 ppb A u par AANR, sa médiane a été estimée a10 ppb Au (avec P84=32 et PI6= 3.1 ppb) , ce qui est nettement plus élevé que la valeur des roches granitoides ""normales"" donnée dans la littérature (1 a 5 ppb A u). Dans la batholite, la minéralisation aurifère est intimement associée aux zones de cisaillement (e.g. mine Belmoral) au aux dykes de diorite (e.g. mines Sullivan, Perron et Courvan).La séquence des évènements géologiques suivante est proposée: (1) emplacement pre-tectonique du batholite, lequel est cogenetique avec les roches volcaniques encaissantes; (2) deformation et metamorphisme regional avec des cisaillements tectoniques locaux; et (3) altération hydrothermale et développement des veines de quartz. Nous concluons que: (1) le batho lite de Bourlamaque est une intrusion enrichie en Au; (2) la determination de la teneur en Au peu être une méthode efficace pour distinguer les intrusions stériles de celles qui possèderaient un pot entiel pour des minéralisation s aurifères."

Jan 1, 1989

The alluvial diamond deposit in the Kimberley Region of Western Australia which became to be known as the Bow River Diamond Mine was discovered in 1982 by joint venture partners Freeport of Australia Inc and Gem Exploration and Minerals Ltd. Mining commenced in 1987. This paper describes the exploration programs and results from discovery to commencement of mining and reviews the public reporting of this process in the light of 1992 Ore Reserves Code (JORC, 1992). This case study illustrates the difficulties involved in resource estimation of alluvial diamond deposits. The study also shows that current reporting standards were, to a large extent, adhered to a full ten years before the diamond reporting section to the Code was formulated.

Jan 1, 1996

By C. R. Tinsley

Valuations can be molded, twisted and misinterpreted. Cases of spurious scope setting; limits to the information or access by the valuer; difficulties with the lack of comparative valuations; inappropriate valuation methods and outright speculations are described. None should be accepted by an experienced, independent minerals valuer. The Australasian Institute of Mining and Metallurgy (TheAusIMM) is working on a Valmin Code for which a Manual of Best Practice and Valuation Guidelines may be developed.

Jan 1, 1995

BRADEN, the most southerly of the three big Porphyries in Chile and the first to start production (in 1910), is a remarkable mine. It would be interesting to know just how much it has contributed, and will contribute, to the earnings of the Kennecott Copper Corporation, which acquired 95 per cent of Braden stock in 1915 by an exchange of shares and which subsequently obtained the remainder. Because of this complete ownership no separate annual report is published (as is the case with Anaconda's South American subsidiaries, Chile and Andes). Income, taxes, operating costs, earnings, and other financial data, including the balance sheet, are consolidated with corresponding items applying to Kennecott's manifold operations in the United States and other foreign countries. If Braden were in the United States it would be possible to arrive at a pretty accurate estimate of revenue realized each year from the sale of copper simply by applying the average published market price to the production as reported by the company. However, because of the restrictions on sales imposed by the Chilean Government and the almost fantastic regulation of exchange rates in the past, no estimate of the sort would be reliable. This point is illustrated by the following comparison made by Charles R. Cox, president, in Kennecott's report for 1955: In each year, 1954 and 1955, Braden supplied about 30 per cent of Kennecott's total copper deliveries; but Braden's operations contributed 16.7 per cent of consolidated net income in 1955 against only 6.2 per cent in 1954. More will be said later about exchange rates, taxes, and restrictions, and the recent improvement in the situation. Of course another element of

Jan 1, 1957

By Mazany, M. S.

THE Caletones copper smelter of the Braden Copper Co. is in the " Teniente" mining district about SO km. (49.7 mi.) southeast of Santiago, Chile. From the seaports of San Antonio and Tralparaiso, the property is reached via the Chilean State Railway (66-in. gage) to Rancagua, whence the Braden railroad (30-in. gage) leads to the smelting plant at Caletones, 60 km. away at 5100 ft. elevation, and continues on to the mine and concentrator at Sewell, at 7000 ft. elevation, 12 km. farther into the Andes. The smelting plant was completed and put into commission in February, 1922. At the start, it smelted daily 750 tons of concentrates produced at Sewell from 10,000 tons of ore; later, its capacity was increased to 900 tons of concentrates from 12,000 tons of ore per day; and it is now being increased to 1100 tons of concentrates from 15,000 tons of ore per day. The smelting plant production is governed chiefly by the

Jan 1, 1925

By Bradley Stoughton

AT THE meeting of the Board of Directors on May 20, the resignation of Bradley Stoughton as Secretary of the Institute was presented and regretfully accepted by the Board. The letter of resignation follows : Gentlemen: About two years ago, I indicated to the President and some members of the Board my belief that the office of Secretary of the Institute should not be a permanent one. It is my observation of events, not only in our own Institute, but also in several sister societies, that too long a tenure of office by the Secretary inevitably leads to a situation which is not good either for him or for the society. After submitting this in writing to the Directors on February 17, 1920, I was overpersuaded by members of the Board to defer resignation until a more convenient time for the

Jan 1, 1921

By Franc R. Joubin

"Gold has been found in many parts of the Bridge River district of British Columbia; but it is from a relatively small area in the valley of Cadwallader creek that most production has come. The ore-bearing area measures 1/2 mile in width by 3 miles in length; and for convenience it is called the Cadwallader gold belt in this paper. In this belt are found the Bralorne and Pioneer mines and in addition several prospects under development.The gold of the Cadwallader gold belt occurs in quartz veins averaging about 3 feet in width and containing about ½ oz. of gold a ton. Except for a relatively small amount of silver, no other metals are produced from these veins. The ore-bearing veins occur in a variety of rocks. They occupy reverse faults and tension fractures belonging to a distinctive fracture system. Some of these structures are ore-bearing over lengths exceeding 5,000 feet and depths exceeding 3,700 feet. The production of the Bralorne mine (1932-1945) is 996,383 oz. gold and 190,709 oz. silver; that of the Pioneer mine (1930-1945) is 777,588 oz. gold and 135,698 oz. silver. These two mines have together distributed about $25,000,000 in dividends.The Bridge River district first attracted attention in 1863* when prospectors were attracted by its small but rich placer gold deposits. Most of the important lode deposits of the Cadwallader gold belt were discovered in 1897 (11). Many years of desultory development followed and it was not until 1928 and 1932 that the Pioneer and Bralorne mines, respectivdy, entered into profitable production."

Jan 1, 1954

By Sandra K. Zacharias

Brass, a deliberate alloy of copper and zinc, has been known since before Roman times. There are two main methods of making brass: (1) Cementation or calamine process - crushed zinc ore (calamine, ZnC03 , or calcined calamine, ZnO), is mixed with charcoal and small pieces of metallic copper and heated to about 900°C in a closed crucible, (2) Alloying - metallic copper and zinc are melted together in a reverberatory furnace. According to most modern authorities (e.g. Smith and Forbes 1955), the calamine process was the only one used in western Europe prior to the 18th century. At that time, the alloying technique began to take over, because metallic zinc was successfully produced on a large scale for the first time. Previously, this had been a problem because zinc vapourizes at 906°C or about the same temperature at which it can be reduced from its ore. Thus, some means had to be devised to collect and condense the zinc vapour (Tylecote 1976). Metallic zinc was known, however, earlier than the 18th century A.O. Several early finds have been made, including a rolled sheet of metallic zinc found in excavations at the Athens Agora dating to the 3rd to 2nd century B. C. (Farnsworth et al. 1949). The Chinese were producing zinc by at least the 10th century A. D. and, by the 17th century, Chinese zinc ingots were being imported into Europe by the Dutch East India Company (Needham 1974). Metallic zinc is also mentioned in several European documentary sources from the 16th century (e.g. Paracelsus, Agricola). This study traces the changes in Western brass making methods from Classical to Renaissance times by examining documentary and archaeological evidence.

Jan 1, 1999

By H. W. Gillett

This bulletin is issued by the Bureau of Mines as a contribution to the increase of safety and efficiency in the preparation and utilization of the mineral resources in the United States. Notable among the drains on these resources are the demands made by the nonferrousmetal industries, and in these the losses occasioned in melting brass and bronze are worthy of particular attention. This statement will be better appreciated by a consideration of the size of the brass industry. MAGNITUDE OF THE BRASS INDUSTRY. According to the Thirteenth Census, in 1909 there were in the United States 1,021 fu-ms that dealt mainly in brass and bronze. This total included jobbing foundries, manufacturing plants that both cast and machine a brass or bronze product, and rolling mills, but did not include iron foundries having nonferrous departments nor the numerous large brass-foundry departments of manufacturing plants that produce the castings used in the manufacture of electrical apparatus, cash registers, pumps, and the thousands of machines that require brass castings for their construction. Penton's Foundry List for 1910 gives about 1,150 exclusively nonferrous foundries and about 2,300 iron or steel foundries that also melt brass. If the rolling mills and. jobbing foundries in manufacturing plants be included, and if due credit be given to the rapid growth of the industry in the last few years, largely through the stimulation of the automobile busi¬ness, it is probable that not less than 3,600 plants are to-day melting brass or bronze.

Jan 1, 1916

By T Horberry

This paper describes work conducted as part of an overall research project that aims to identify current and emerging trends in the development of automation and remote mining technologies, and to provide an operator-centred perspective to the design and deployment of such systems. More specifically, this paper outlines a research and development process being constructed to examine the issues of the human skills and capabilities required to operate or maintain automated/remote controlled mobile mining equipment. A human factors approach presented here, where the focus is upon designing equipment interfaces to fit operators, rather than purely designing and deploying the equipment based on a technology-centred approach. However, the importance of training to help develop the required skills and capabilities is also emphasised.The work built on a full review of the literature about the effects of automation in mining and elsewhere, extensive interviews with different stakeholders in mining automation and recognised best practice regarding designing for the human element in automated systems. The human element research and development process proposed is in four stages, ranging from understanding the tasks involved in both manual and automated equipment operation through to user trials to ensure that the automated systems are acceptable to operators and are fit for purpose.It is outside the scope of the current paper to present the full data collection described by this four stage process, but an overview of what will be collected is presented. As such, this paper focuses on the broad methods being developed, rather than the specific results to be obtained. The ultimate objective is to apply a broad ‘technology assessment’ approach to the design, deployment and evaluation of automated mining technologies, in particular by considering the user-centred design implications of these technologies.

Nov 22, 2011

By M Lynch, B White

The historic city of Charters Towers in North Queensland is underlain by an extensive labyrinth of old mine workings in a large number of flat lying, subparallel, main and cross-cutting cross reefs extending of the order of 5 km along strike and down to a depth of 700 m in parts. These old workings produced over 6.6 million ounces of gold at a grade of over one ounce to the tonne prior to closure in 1920.Citigold is progressing the development of a modern, high productivity, low cost new mine to extract extensions of these reefs as well as other as yet un-mined reefs. To do this it is changing the paradigm for operating in such circumstances. This paper first briefly reviews the setting for the development and then discusses the philosophies and concepts that Citigold is proposing to use, harnessing technology to create a mine that exemplifies more productive and safer mining based on operating in the digital age.The paper addresses how a modern approach is being applied to the planning of a mechanised, deep, narrow vein, hard rock gold mine under a city. It also describes briefly the successful æexperimentationÆ with longhole open stoping methods developed at the companyÆs small underground operation (the Imperial Mine) to the south of the city, which will also be expanded substantially as part of the Charters Towers Gold Project.The paper also addresses the development of new and/or modified technologies in the venture, with the objective of pursuing continuous and autonomous mining methods. The company is adopting a holistic systems approach, addressing people, process and technology in order to efficiently identify and locate the high-grade ore zones and then extract them effectively at a high grade by minimising waste development and haulage, dilution and energy consumption, and with minimal environmental impact.CITATION:Lynch, M and White, B, 2013. Brave new world autonomous mining systems, in Proceedings World Gold 2013 , pp 157-166 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By Jr. Pickering

Kaolin is mined from extensive sedimentary formations in the eastern Amazon River Basin of Brazil. Production began about 25 years ago from 30 meter thick beds of ultra-fine particle clay of superior viscosity along the Jari River north of the Amazon. Operated by CADAM S.A., capacity now exceeds 750,000 tonnes per year ot high glossing paper coating kaolin product. South of the Amazon on the Capim River are two new operations: Para Pigmentos S.A. and Rio Capim Caulim S.A. The purity , and large coarse plate-shaped particles of these Capim kaolins support production of superior brightness and whiteness paper coating and filling grades. Annual capacities are reported to be 150,000 to 300,000 tonnes each, with expansions planned. Most of Amazon area kaolin production is shipped to western European, Asian, and North American markets.

Jan 1, 1999

By Mark C. Malamphy

AT present the Federal Government represents the only organization applying geophysical methods of prospecting in Brazil. The geophysical work of the National Department of Mineral Production, which will be described in the following pages, must be considered as a program of experimental work designed to demonstrate the applicability of the more or less "standard" methods of geophysical prospecting to various problems of economic interest in Brazil by means of practical examples of results obtained in certain typical areas. Our work is somewhat similar to that of the Imperial Geophysical Experimental Survey of Australia, but our task has been greatly simplified by the ever increasing number of technical publications relative to the theory of instruments and methods.

Jan 1, 1936

By Stanley J. LeFond

Brazil is one of the most outstanding examples of economic development of our time. Its amazing growth record is substantiated by a GNP which has increased at an average rate of 92% for the period 1968-1970 and estimates for 1971 range from 11.7-12.5%. Hence, this growth, coupled with a more relaxed attitude of the Brazilian government towards foreign participation in business opportunities and the remittance of profits out of the country, has caused many exploration companies to reevaluate the potential of Brazil. Despite recent press notices and publicity, Brazil is still not a mining country in the tradition of Canada or Australia. It is still basically an agriculture and manufacturing country.

Jan 11, 1973

By Paul F. Kerr

QUARTZ of a certain kind, is one of our strategic minerals, and Brazil is probably the one important available source. Crystals of quartz of suitable size and perfection for piezoelectrical application are rare; their most outstanding use is in radio work. Clear quartz, or "crystal," free from twinning, cracks, foreign particles of other disturbing lines of growth, and gaseous or liquid inclusions, is cut into plates which provide excellent control of frequency in broadcasting. The squares or rectangles are less than a millimeter in thickness and ordinarily on the order of 1 in. along each side. They are cut at definite angles with respect to the axes of the crystal, and ground with opposite surfaces parallel. Each small slab must be a section of one crystal, uniform throughout in atomic alignment. The thickness of the chip controls the frequency of a broadcast and it is most important to have the plates oriented and ground with utmost precision. Opposite surfaces are parallel to within 0.001 mm. and expansion or contraction due to the temperature is limited to one part in a million.

Jan 1, 1942

By K. B. Han, S. Winkler, M. J. Benoit, M. J. Worswick

"Automotive heat exchangers are fabricated by forming multi-layered aluminum (Al) alloy brazing sheets into the desired geometry and subsequently passing the assembly through a furnace for brazing. As manufacturers seek to use thinner gauge and higher strength sheet to reduce vehicle weight, forming of the Al alloy sheets has become a challenge. Warm forming has previously proven to allay these forming concerns, but no consideration was given to the effect of increasing the forming temperature on brazing. Recently, it was shown that annealed sheet was more susceptible to the detrimental phenomenon of liquid film migration (LFM) during brazing if formed above 150°C, while work hardened sheets showed no increased susceptibility to LFM with increasing forming temperature, up to 250°C. In the current study, the brazing performance of simulated battery cooling plates was investigated. The plates were fabricated both from fully annealed and work hardened sheets. Brazing was assessed by microstructural evolution during a brazing cycle. The post-brazed microstructure varied with strain and forming temperature in plates made from annealed sheets, while no variation in microstructure with location or forming temperature was observed in plates formed from work hardened sheets.INTRODUCTION Since the 1970’s, one common method of fabricating automotive heat exchangers has been by forming multi-layered aluminum (Al) alloy sheets, and subsequently brazing the formed components together in a controlled atmosphere furnace. The Al alloy sheets used are comprised of at least two Al alloys roll bonded together, but can consist of additional layers, depending on the application; at minimum, the sheets are comprised of a core and clad layer. The core layer, often an AA3xxx alloy, remains solid throughout processing and provides strength to the assembly. The clad layer is always one of the AA4xxx series alloys which, due to their high silicon (Si) content, have a melting temperature range well below that of the core alloy. When the sheet is passed through the brazing furnace, the clad alloy melts to provide the brazed joint filler metal throughout the assembly, while the core alloy remains solid. In order to achieve cost and weight savings, heat exchanger fabricators have used Al alloy sheets with reduced thickness. However, deformation and brazing of these increasingly thin components remains a concern (Zhao & Woods, 2013). Furthermore, springback has been observed after forming sheets of higher initial strength (i.e. work hardened conditions), leading to flatness issues of formed components. Consequently, the ability to form high quality brazed joints is difficult in components formed from higher strength brazing sheets."

Jan 1, 2018

By Charles A. Ashburner

VERY little is known of the economical value of the coal-betas of. the State of Texas. The first authentic statement in regard to their occurrence is that contained in the reports of the United States Explorations for the Pacific Railroad, near the 32d parallel of latitude, published in 1853-55. Professor William P. Blake reports, "that a number of seams of bituminous coal, varying, in thickness from two to four feet, have been opened along the Brazos River, in Young County, about one hundred and fifty miles west of Fort North." Dr: Shumard also states, "that the characteristic fossil forms of the Carboniferous Era have been found with this coal, and considers the ago of the formation established. Fossils obtained from the carboniferous limestone remove all doubt of the age of these deposits."† In the spring of 1879, I was called upon by. some Eastern capitalists to make an examination of the Brazos coal-field, in order to obtain the thickness, extent, and value of the coal which could be mined and be- made merchantable for steam, heating, and metallurgical purposes. The demand for coal in this section of the country is great, and a fuel. which in our Eastern markets might be considered of inferior quality, would here find a ready sale. It must be remembered that the market value of a coal does not depend upon its absolute purity, but upon its actual value in heat units which it is capable of producing. A poor coal which can be cheaply mined near the: consumer, is infinitely more remunerative to a mining company than a superior coal whose cost to the consumer is greatly increased by high mining charges and railroad freights. The value of the Texan coals does not depend upon their purity but upon their low first cost and nearness to a market. A glance at a geological map of the United States, will show that the Brazos coal-field is the extreme southwestern extension of what may be called the Missourian, Fourth or Western, bituminous coal * I am permitted by the gentlemen for whom the examination was made to publish the general statements contained in this paper. † Macfarlane's Coal Regions of America. More recently brief mention has been made of the coal-field in the pamphlets of the State geological survey. These reports are, however, too general, too indefinite, and too impracticable to permit of any conclusions as to the value of the coal as an economical, merchantable fuel.

Jan 1, 1881

By N Lewis

Recent major urban trunk sewer infrastructure projects in Melbourne have involved construction of nearly 10 km of tunnel boring machine (TBM) driven tunnels in a range of geological conditions varying from soft alluvial soils to hard volcanic rock. To provide both construction and permanent access to the new trunk sewer network, a total of 17 shafts between 5 m and 13 m in diameter, and up to 64 m in depth have been constructed. This paper describes the design and construction of the temporary shaft support systems for the shafts.The range and variability of geological conditions at each shaft site required the adoption of the following shaft support systems across the projects – jet grouting, sheet piles, diaphragm wall, secant pile, contiguous pile, reinforced shotcrete rings and rock bolts.Groundwater control, settlement, TBM launch and reception chambers at the shaft base, chambers and TBM launches at mid-depth of shafts, connection shafts between new and existing sewers and bypass pumping shafts are among the challenges that have been met.This paper reports on the some of the challenges involved and experience gained in developing design and construction solutions for large diameter shafts that are excavated within varying geology in Melbourne over the past three years.

Mar 8, 2011

By Benjamin Tillson

To MOST mine operators, it seems evident that there is a drill-steel problem, although under certain conditions the amount f drill-steel breakage does not appear serious. What is at fault? It may be one or a combination of circumstances. The development of rock drills to the hammer-drill type in place of the old reciprocating piston drill, probably is one important cause for the greater steel breakage. Perhaps the manufacturers of drill steel have failed to realize what alloys are needed for this new service or have overlooked the changes in the art of rock drilling. Although suitable alloys are provided, they may not be so handled in the manufacturing process as to be in the best condition to withstand the demands of rock drilling. The mine operator may be at fault in desiring to use the smallest possible drill-steel section in order that the gage of the drill bits may be correspondingly small and the amount of footage drilled per unit of labor may be greater; or the black-smithshop practice at the mines may need improvement. The miner who uses the drill steel may also require more intensive supervision and education. Again, the manufacturer of rock drills may have failed to study the types of blows the steel alloys will withstand satisfactorily and which their tools are delivering and so he may not know whether or not a different design of rock drill would equal or excel their present drilling speeds without treating the drill steel so severely. All of these hypotheses probably have their supporters. On the other hand, perhaps we are seeking too much service from drill steel and we need a fuller realization of the fatigue strains developed and should prepare to relieve these by a periodic heat treatment of the steels. However, we do not find any proof that any of these suppositions may be held responsible for the drill-steel breakage attendant to mining. The proposed investigation of this matter by the U. S. Bureau f Mines is fully warranted in the promotion of the conservation of labor and material, and the safety of the workmen. The great range of field conditions, as well as the scope of the research, requires the energetic cooperative support of many interests. Various manufacturers of steel,

Jan 5, 1921