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By J. J. Fallon

The subject is "Mergers, Acquisitions and Divestitures in Industrial Minerals, but my remarks could also be applied to new product development, resource development and other new business development activities. At the kernel of the subject is due diligence in major decision-making, that is, where major money amounts and a large corporate commitment are at stake. The "due diligence" means how carefully we do our homework before making the decision. The homework or feasibility study addresses different parts of the decision. In the industrial minerals business the study seeks to uncover the pros and cons in: o The mineral reserves, quantity, quality, mineability, access, etc. o The environmental impact of mining, processing and transporting. o The economics of operations. o Financial aspects o Legal aspects o Many other aspects o And -oh yes! the marketing aspects.

Jan 1, 1990

By Lawrence Devon Smith

"What is Due Diligence?Within the mining industry the term “due diligence” is used to describe a detailed data review, generally in connection with the purchase or sale of a mineral property, the approval of a large capital expenditure, or the borrowing of a large sum of money.The term originates in the requirement of the board of directors of a corporation to “act honestly and in good faith ... and exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances” (OBCA, 1994). Furthermore, the law assumes that a corporation (or its board) will have exercised due diligence in the acquisition of an asset and, therefore, knowingly (in the absence of fraud or deceit) will have taken on the liabilities and obligations associated with the asset (Nelson, 1994). This is the familiar “Buyer Beware”.Directors are liable for their decisions except “if the director relies in good faith upon financial statements of the corporation represented … by an officer of the corporation or in a written report of the auditor, or a report of a lawyer, accountant, engineer, appraiser, or other person whose profession lends credibility to a statement made by any such person.” (OBCA, 1994).Hence the importance of reports prepared by professionals. They provide confirmation that the directors have exercised due diligence in the performance of their duties. For this reason these reports are referred to as due diligence studies"

Jan 1, 1997

By Lawrence Devon Smith

"Within the mining industry the term “due diligence” is used to describe a detailed data review, generally in connection with the purchase or sale of a mineral property, the approval of a large capital expenditure, or the borrowing of a large sum of money.The term originates in the requirement of the board of directors of a corporation to “act honestly and in good faith and exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances” (OBCA, 1994). Furthermore, the law assumes that a corporation (or its board) will have exercised due diligence in the acquisition of an asset and, therefore, knowingly (in the absence of fraud or deceit) will have taken on the liabilities and obligations associated with the asset (Nelson, 1994). This is the familiar “Buyer Beware”.Directors are liable for their decisions except “if the director relies in good faith up on financial statements of the corporation represented by an officer of the corporation or in a written report of the auditor, or a report of a lawyer, accountant, engineer, appraiser, or other person whose profession lends credibility to a statement made by any such person.”(OBCA, 1994).Hence the importance of reports prepared by professionals. They provide confirmation that the directors have exercised due diligence in the performance of their duties. For this reason these reports are referred to as due diligence studies."

Jan 1, 1996

By Frank Rieber

EVERYONE is familiar with the story of the poor Indian and his leaking tepee. He couldn't repair the leak while it was raining, naturally. And when it wasn't raining, where was the incentive? Even if this traditional Indian was apochryphal, his counterparts are certainly alive today, and operating on a world-wide scale. - A recent issue of the Wall Street Journal, for example, carried an impassioned letter from an old cocoa planter, who wants the world to know why the price of cocoa has gone skyrocketing. For years, he says, British and American interests have bought cocoa at the cheapest possible price and, incidentally, from growers willing to sell at that price. Between them, they didn't put enough money back into the business, either to fight disease in the cocoa groves or to plant new cocoa trees. Until new trees are planted and come into bearing, we will be paying exorbitant prices for our cocoa, and getting less of it.

Jan 1, 1948

By William Gleason

The Dulles Corridor Metrorail Project is a $3-billion project that will link Dulles International Airport with the downtown center of Washington D.C. by way of a single seat train ride. The project is mostly above ground, but it does include two short, yet complex, tunnels through the area of Tyson?s Corner. The project is being completed in two phases. The Dulles Transit Partners (DTP), led by Bechtel, was awarded the first phase, a $1.6-bil-lion phase that includes 17 km (11 miles) of track with five stations. At Tyson?s Corner, the project includes twin 730-m- (2,400-ft-) long, 6-m- (20-ft-) diameter tunnels. Bechtel is self-performing construction for the $1.6-billion design-build job. Gall Zeidler Consultants was hired by DTP as designer for the NATM tunnel portion of Phase 1, and Beton-und-Monierbau was hired as tunnel subcontractor. Tyson?s Corner is an affluent and congested area that sits 152 m (500 ft) above sea level. To get through the area, it was decided that tunnels would be the best option with the least amount of disturbance to the surrounding areas. However, with extremely shallow groundcover above some points as well as soft soil throughout, the tunnels are also the most complex aspect of Phase 1. About 213 m (700 ft) was constructed utilizing the cut-and-cover method. The remaining 518 m (1,700 ft) is being constructed using the New Austrian Tunneling Method, which integrates the principles of the behavior of rock and soil masses under load, and monitoring the performance of underground construction during construction. ?The tunnel only falls 2 m (7 ft) from one end to the other and we pass through two soil conditions, they are both soft ground,? said Dominic Cerulli, tunnel task manager for Bechtel. ?Soft ground is very tricky because you have to close the ring in a timely manner to minimize settlements at the surface. If you don?t close the ring quickly to achieve a round structure that?s good in compression, the tunnel could start necking and squatting and the ground above it will settle. We are under major roadways, so excessive settlement would be a bad thing.?

Jan 1, 2011

By Duluth Engineers' Club, Engineers' Club of Northern Minnesota

"The history of Duluth commences with Daniel de Greysolon du Lhut, one of the explorers of the Upper Mississippi who came to the head of the lakes in the summer of 1679. Radisson and Groseillier, and Claude Allouez, a Jesuit priest, are supposed to have visited the head of the lakes, -but there is no authentic record previous to that of du Lhut.In 1792, the fur traders established a fort at Fond du Lac, fifteen miles up the St. Louis River from Lake Superior, but within the limits of the present city •of Duluth. In the early 50's, there were a few scattering settlers at Oneota and around the George Stuntz trading post on Minnesota point. In 1855-6, the settlement on Minnesota point was called Duluth, commemorating the name du Lhut, and organized as a town in 1857. The first board of trustees and town council consisted of -William Nettleton, J. B. Culver; Robert E. Jefferson, Grin W. Rice and William Old: In 1870, the city of Duluth was incorporated, and five years later a portion of the same territory was incorporated as the village of Duluth, and the two municipal corporations were still in existence on March 1, 1887, when the city and the village of Duluth were incorporated as the present city.The first saw mill in Duluth was erected in 1856-57, on the present site of the ship canal. It cut logs from a virgin forest at the upper end of Minnesota point.The first railroad was built to the head of the lakes in 1870. The charter for this road had been granted in 1861 to the Lake Superior and Mississippi Railroad Company, afterward called the St. Paul and Duluth, and which is now a part of the Northern Pacific Railroad."

Jan 1, 1920

By Theodore W. Robinson

WHEREVER the amount of work renders it practicable the plan of using permanent standard solutions, in connection with the colorimetric carbon test, affords such manifold advantages that it is to be strongly recommended. That it has not attained a wider and more general application, is mainly due to the fact that, as the method is generally employed, the difficulty attending the production of the colors, and their doubtful stability when produced, have been only too evident to those who have undertaken their composition. The old method of using standard solutions made from sugar, coffee, etc., has always been hampered by the tendency of the colors to change upon exposure to the light, and the consequent liability to serious error, unless they are closely watched. Appreciating these difficulties, while recognizing the desirability of permanent colors, Mr. Magnus Troilius, at the suggestion of Prof. F. L. Erkmann, investigated the properties of cobalt, copper and ferric chlorides, with the view of determining their efficacy in the production of standard solutions. His results, as obtained, seem to have been satisfactory, but his treatment failed to eliminate many of the objections that have rendered the use of organic colors undesirable. The

Jan 1, 1888

By Clemens Jones

An interesting paper by J. E. Merion and Edward Hart, in Volume I., No. 2, of the Journal of Analytical Chemistry, on the Decomposition of Blast-Furnace Cinder by Acid, describes a plan of sampling the cinder by means of a previously-heated iron bar thrust into the cinder car or into the cinder at the notch, and then allowed to cool, thus chilling the cinder which adheres to the bar, and rendering it decomposable by hydrochloric acid, of 1.12 sp. gr. A short series of results is given, from which the deduction follows that blast-furnace cinder " is decomposed perfectly when chilled." Where many silica determinations are to be made, this method, if reliable, would effect notable economy of time and reagents. The conversion of insoluble silicates by fusion with an alkaline carbonate, together with the subsequent solution, evaporation, drying, etc., is destined to remain the standard method. But all fusionmethods are time-consuming and expensive. Chilling appears to render the supplementary method available for all practical purposes, in the determination of silica in cinder. But, with a view of securing more evidence on the subject, and in view of the fact that uniform results were not obtained by employing this method, it was decided to test the method in the laboratory of the Thomas Iron Company where a large number of silica determinations are made. The experience met with may not be devoid of value, both theoretical and practical. Mr. Iles's paper, in the Chemical News, Volume L., 1881, doubtless suggested to several chemists, connected with iron metallurgical

Jan 1, 1888

By John Birkinbine

In the belief that a resume of what will be exhibited during this meeting, and a brief record of progress in the seven years which have elapsed since the Institute's first visit to Lake Superior would be interesting, the following statistical data have been prepared or copied from the most reliable sources, and considerations are also presented concerning the development or utilization of some of the resources of the Lake Superior Region. When the Institute, on the return trip from enjoying the charming panoramas of Thunder Cape or Isle Royale, and inspecting the unique development of Silver Islet, passed, in August, 1880, through the St. Mary's Falls ship canal, en route to Escanaba, the boat was lowered from the level of Lake Superior to that of Michigan and Huron lakes (18 feet), through two locks each 70 feet wide and 350 feet long, which had been in use since 1855. But as these locks accommodated vessels which drew 12 feet of water or less, a new lock 80 feet wide, 515 feet long and admitting vessels of 16 feet draught was approaching completion and was opened in September, 1881. The time required to pass the locks was utilized by the members in examining the work upon this new lock and in viewing the Sault Ste. Marie, which in discharging from Lake Superior all average volume of 90,783 cubic feet of water per second, forms a rapid, falling 18 feet in one mile. But the lake traffic through the St. Mary's ship-canal has developed so rapidly that another and larger lock is now required, and work has been commenced by the

Jan 1, 1888

By W. H. Adams

One of the most attractive subjects for technical writers is the gigantic industry of the manufacture of sulphuric acid. This is no doubt, natural when we take into account that it has grown in this country during the past twenty years, from a production of 60,000 tons in the year 1867, to that of nearly 450,000 tons in 1887. We may well excuse much of the literature which but repeats the same old story, as it serves to bring to the public notice, at proper intervals, the hidden resources of our land; and this constant application of essential truths will sooner or later be the means of freeing us from dependence upon the Old World for necessary chemical products. The present increase in manufacture of this acid in the United States is almost wholly from pyrites ores, which we have in unlimited quantities close at hand. The largest consumption of such acid is for treatment of other native products, petroleum, rock-phosphates, etc.; and, considering the knowledge we have gained during the past twenty years, it is safe to say that the industry is but fairly established, and the causes which have operated to place us in our present proud position are but natural incentives for a further growth and an increased consumption of the many other undiscovered or undeveloped resources of our American soi1. In one of his earlier editions Muspratt says: " It would seem that the manufacture of sulphuric acid, though as extensively carried on as any other business, yet seems to be the least understood; and the ignorance of some manufacturers appears to be only equalled by that of writers, who, in their description of the production of this acid, give figures of apparatus, and vaunt as improvements, things which have been exploded for years. It is possible to find in the works of eminent men drawings of apparatus, for the production of sulphuric acid, which never could possibly have worked one day—some, in fact, could never have worked at all."

Jan 1, 1888

By S. Frimpong, G. Galecki

Dump truck tires are often used in long-haul roads in rugged terrain, with high rolling and grade resistances. These conditions increase the ton-kilometer-per-hour (tkm/hr) or short-ton-mile-per-hour (stmph)rating of tires, leading to tread wear, cuts and complete failures. The load-bearing capacities of these tires are sometimes exceeded, with truck overloading, overstressing, heating and subsequent failures. In addition, truck tire demand far exceeds the current supply capacity, with long lead ordering time. This condition has caused severe tire shortage, and the problem is expected to be sustained in the long-term. Industry has taken extensive practical measures to prolong tire service life with significant results. However, this problem can be solved through fundamental and applied research initiatives. This paper pioneers a research effort in tire service life using multibody physics, fatigue failure modes and soil failure dynamics to develop tire-road contact force dynamics. A virtual prototype simulator of the tire-road contact, using the CAT 775E (with standard tire 24.00R35) was developed and simulated within the MSC.ADAMS/NASTRAN environments. The results show the areas of the loaded tires with maximum Von Mises, principal and shear stresses, which could result in fatigue failure, tire wear and tear and blowouts. The maximum Von Mises stresses on the six truck tires are between 35 and 58 MPa. The maximum shear stresses are also between 19 and 33 MPa. These stresses will cause early tire failures given an average operating schedule of between 20 and 24 hours per day. The isolated areas with maximum stresses will be subjected to further studies to reduce stress intensity while preserving tire performance.

Jan 1, 2012

This paper sets out to consider a specific type of corrosion protection system, which is referred to as a Duplex Coating system. The dictionary describes a duplex system as consisting of two elements or a “twofold” composition. The duplex system described in this presentation is such a two-part corrosion protection coating, viz, hot dip galvanizing as the firm base or primer, followed by a top paint system designed to combat severe corrosive environmental conditions encountered in nature. In principle, the duplex system is a cost effective and balanced, designed coating that is suited to the environmental conditions and service life requirements.

Jan 1, 2009

By Michael Heximer, Dominic Verfielst, Timothy Moore

"Teck's Trail Operations recently installed new pressure filters in the cold stage purification step in the zinc leaching plant. Alloy 2205 duplex stainless steel was chosen as the material of construction as it was in use in the hot stage purification operation. Within a year of commissioning, an unacceptably high rate (greater than 1 mm/y) of corrosion was observed on the weld heat affected zone (HAZ). Laboratory and field tests were conducted to establish the conditions under which the corrosion was occurring. The tests isolated the aggressive conditions to a unique combination of materials present during the filter regeneration stage. Furthermore, the change of the duplex grain structure of the alloy during welding resulted in the HAZ being more susceptible to the corrosive environment. A new material of construction was recommended as a result of the investigation.IntroductionThe sulphide leaching plant uses four horizontal tank pressure leaf filters to remove solids precipitated in the cold stage electrolyte purification process. The current filters were installed in 2007, and replaced a bank of filter presses. The material of construction for the filters - alloy 2205 duplex stainless steel - was selected based on its successful use in similar service areas of the leaching plant. However, within the first year, unexpected and rapid corrosion of the filter tank material was observed. Although moderate general corrosion was noted throughout the filters, the attack was particularly aggressive in the areas where intense heat was applied during fabrication, observed at the HAZs caused by welding, and on the exposed edge grain of the duplex plates. On the inaugural annual inspection of the filters in the first year of operation, a corrosion penetration rate of 1.0 to 1.5 mm/y was observed at the HAZs. The parent plate of the pressure tank was a minimum of 6 mm, with a minimum allowable thickness of 3 mm under the ASME pressure tank design rules. Therefore, the projected useful life of the filters could then be roughly calculated to be two to three years. Urgent action was required to understand and correct this problem."

Jan 1, 2012

By Wern-Ping Nick Chen

Durability risks for underground facilities can be underestimated during design phase as compared to well-known geological risks. However, unclear durability requirements can result in construction schedule delay and change orders. Unlike bridges or buildings, a unified underground durability code or standard does not exist. This paper will provide a durability approach for underground facilities, including degradation modes, mitigations, and compliance measures during construction. In addition, this paper will address how to clearly specify durability requirements in a contract document to reduce disputes during construction and discuss key durability tests that are time consuming and will impact construction schedule if not timely planned.

Jun 23, 2024

By D Wimpenny

Underground infrastructure is often a critical component of transportation and utility schemes. It is characterised by long design lives with limited access for inspection and maintenance. The exposure environment can be difficult to assess since it will often vary substantially between different locations in the same facility and with time during construction and in service. In addition, the specific demands placed upon underground infrastructure are not well covered by the exposure classes and other guidance given within current codes of practice. When problems occur they can be difficult to rectify and involve significant disruption.Given these substantial risks the prudent designer may adopt a systematic ‘durability planning’ approach which:· defines the environment and principal deterioration mechanisms for the various elements and construction materials,· predicts the design life for alternative durability enhancement options, and· recommends associated measures to be adopted during construction and in service.This paper describes the development of durability planning within Halcrow, giving examples of its use from its first implementation on tunnels under the Suez Canal in 1993 to recent projects in the Middle East and Australia. It seeks to demystify the process, identify shortcomings and speculate on its future development within the civil and mining sectors.

Mar 8, 2011

By Qingjun Zheng, Robert Vasinko

Cladding by plasma transferred arc (PTA) welding is widely used for enhancing the surface properties of a metallic component, in particular wear, high temperature and corrosion resistances. This paper presents the application of Kennametal Stellite PTA cladding technology, especially the DuraStell PTA process technique, for tungsten carbide composite cladding for boiler tube application. DuraStell PTA process gives low heat input to the substrate and fast deposition rate. The cladded boiler tube samples showed more uniform carbide dispersion in the cladding, less base metal dilution, and insignificant effect on the microstructure and mechanical properties of the substrate base metal, in comparison of the traditional PTA and other arc welding process.

Mar 1, 2017

By R. R. Godard

The practice of dust abatement or control is not new to any operation of United States Steel Corporation. This report will review those activities, past and present, within the five operating districts of United States Steel-Coal Operations with specific reference to mechanical and continuous mining, and including both the health and safety aspects of the problem. Obviously, the first principle of dust control is to inhibit its formation If this is not practical, steps may be taken to prevent its becoming airborne. Airborne dust control can be realized by either collecting it at the point of generation, diluting it with large volumes of air to reduce concentration, settling it by various means, or with reference to ignition hazard only, render it incombustible by neutralization with an inert material. These basic principles have been verified by the work of many, including the Bureau of Mines, U. S. Department of Interior, Bituminous Coal Research, Inc., and the Mining Research Establishment of the National Coal Board of Great Britain. Their application to every day mining problems is best illustrated by the following examples.

Jan 1, 1967

By N LaBranche

The resurgence of Silicosis and Coal Worker’s Pneumoconiosis (CWP) in coalmines has placed the spotlight back on the management of worker exposure to particulate matter across all mining sectors (Coal Workers Pneumoconiosis Select Committee, 2017). There already exists a substantial body of knowledge on particulate matter and its impacts upon human health (National Academies of Sciences, Engineering, and Medicine, 2018). The contribution of silica to respiratory disease is well known and there is a growing concern for exposure to diesel particulate matter. However, it is also clear that there are major gaps in our understanding. In part, those gaps relate to the contribution to adverse health effects of mineralogical constituents in the dust (LaBranche et al, 2021a). It is also becoming evident that the size and shape of the particulate matter can affect its potential impact on human health.The University of Queensland has developed a methodology for characterising respirable and inhalable dust samples using scanning electron microscopy. Multiple samples from numerous mining operations have already been analysed using the UQ methodology. The process has been successful in showing the variety of mineralogica lcomponents and particle size distributions presentin various areas of the mines.

Oct 12, 2022

By J. Seiter

Mining has always been among the most hazardous of occupations, and with the increasing demand for coal and minerals, safety in mines assumes even greater importance. Worldwide, underground miners are being exposed to noise and respirable dust hazards associated with roof bolt drilling. These hazards are now being understood to cause irreparable damage to the health of miners. The objective of this research was to discover if a Polycrystalline Diamond Cutter (PDC) drill bit generates less respirable dust and hazardous noise than a competing Tungsten Carbide (WC) bit, in dry vacuum drilling. In order to control the drill parameters the drilling tests have been conducted in a laboratory setting. The results were met by determining the quantities of dust and noise generated using each drill bit and analyzing those levels by using monitoring devices and software to collect the data. This paper includes information on experiment setup, equipment used, drilling parameters, and data collected. The test results suggest that there are noticeable trends that the PDC bits produce less dust than WC bits but more testing is needed to substantiate these trends.

Feb 23, 2014

By J. Seiter, S. Cox, E. Kim

Mining has always been among the most hazardous of occupations, and with the increasing demand for coal and minerals, safety in mines assumes even greater importance. Worldwide, underground miners are being exposed to noise and respirable dust hazards associated with roof bolt drilling. These hazards are now being understood to cause irreparable damage to the health of miners. The objective of this research was to discover if a polycrystalline diamond compact (PDC) drill bit generates less respirable dust and hazardous noise than a competing tungsten carbide (WC) bit in dry vacuum drilling. In order to control the drill parameters the drilling tests were conducted in a laboratory setting. The results were obtained by determining the quantities of dust and noise generated using each drill bit and analyzing those levels, using monitoring devices and software to collect the data. This paper includes information on the experimental setup, equipment used, drilling parameters, and data collected. Our results indicate that PDC bits produce significantly less noise and dust than WC bits. Our findings can contribute to improving the working conditions of rock bolter operators by reducing noise and dust generation.

Jan 1, 2014